GEOLOGICAL AND GEOCHEMICAL REPORT JR 1-25 Mineral Claims

Rafter-F Ranch Area, Princeton, B.C. Map Sheet #: 092HO58

Lat.; 49” 31’20” N ; Long.; 114” 25’ 30” E QJTM; 5,489,OOO N ; 686,000 E)

By: G. Rodgers, P.Eng. P.O. Box 63, Skookumchuck, B.C. VOB 2E0

For: Diamet Minerals Ltd. 1695 Powick Road, Kelowna. B.C. VlY 4Ll

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The Jr 1-25 claim group is located 6 km northeast of Princeton, B.C.. No Volcanogeoic Massive Sulpbide target exists on the JR 1-25 claim group. The probable

source area for the geochemically anomalous copper lies west or north of the claims The few scattered point gold anomalies do not warrant farther work.

TABLE OF CONTENTS

1 .O WTRODUCTION Page 1.1 Location and Access Fig. 1 , Location Map (1:50,&O)

1 2

1.2 Physiography 1 1.3Histol-y. 1 1.4 ClaimStatus 1 Table #l, JR 1-25 mineral claims 3 Fig.2, ClaimMap (1:31,680) 4

2.0 GEOLOGY 2.1 Regional Geology Fig.3 , Regional Geology (1:2;,000) : 22Properiy Geology. t

3.0 GEOCHEMISTRY 3.1 Soil Geochemistry. 3.2RockGeochemistry

4.0 RESULTS Ah’D CONCLUSIONS

5.0 RECOMMEND ATIONS.

6.0 STATEMENT OF QUALIFICATIONS

7.0 STATEMENTOFCOSTS

5 6 5

APPENDIX I ; Petrographic Report on Seven Rock Samples

APPENDIXII; Assay Certificates

Fig.4 ; Geology (15,000) . .

Fig.5 ; Geochemistry (Cu and Au ; l:S,OOO) .

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1 .O INTRODUCTION

1.1 Location and Access

The JR 1-25 mineral claims are located approximately 6 km northeast of Princeton, B.C. on the west side of Hayes Creek and south of Jura. Access to the claims is via paved road which departs north of Princeton’s old rodeo grounds and leads IOkm northeast to the claim group.

1.2 Physiography

The east-central part of the claim group covers mostly cultivated and grazing land with little or no outcrop. The western edge of the claim group covers cliffs and steep side hill which leads down to Hayes Creek. This forested area supports fir, spruce and pine.

1.3 History

A showing named the “Lucky Strike” is reported by the British Columbia Mintile as being situated near the north boundary of the JR I-25 claim group. This showing was explored in 1927-28 and consisted of adits shafts and trenches over 300m. One sample gem the showing reportedly ran 0.82%Cu and 0.46 gpt Au over 2 m. However, no sign of this showing was found on the IR l-25 claims and it is assumed to have been misplotted. It is most likely located on the “F-Bee” claim, just off the northeast comer of the JR l-25 claim group. There are sloughed and overgrown trenches and dumps on this claim which better fit the description of the Lucky Strike showing.

Another known showing is located 1.4 km north of the JR 2 claim. This was explored by Kennco Explorations (1959), Quintana Minerals Corp.(1977), Superior Oil Co(1979) and Mingold Resources (1987).

There are no assessment reports that cover any work done previously on the claim group although the area has been staked previously by different companies.

1.4 Claim statns

The following table (Table #I) shows the JR 1-25 record numbers and expiry dates. The claims are owned by Gordon A Webster @MC4 128483) and are optioned to Diamet Mnerals Ltd. of Kelowna , B.C.. Fig.3 is a claim map showing the claim block and neighbouring claims.

JRl-25 Mineral Claims

TABLE #1 CLAIM STATUS

RECORD# NAME MAP# MINING DIVISION CLAIMNAME EXPIRY DATE UNITS

362225, JR 1, 092H058, 20050429, Similkameen, 362226, JR 2, 0928058, 20050429, Similkameen, 362227, JR 3, 092H058, 20050429, Similkameen, 362228, JR 4, 092H058, 20050429, Similkameen, 362229, JR 5, 092H058, 20050429, Similkameen, 362230, JR 61 092H058, 20050429, Similkameen, 362231, JR 7, 092H058, 20050429, Similkameen, 362232, JR 8, 092H058, 20050429, Similkameen, 362233, JR 9, 092H058, 20050429, Similkameen, 362234, JR 10 0928058, 20050429, Similkaxneen, 362235, JR 11 092H058, 20050429, Similkameen, 362236, JR 12 092H058, 20050429, Similkameen, 362237, JR 13 092H058, 20050429, Similkameen, 362238, JR 14 092H058, 20050429, Similkameen, 362239, JR 15 092H058, 20050429, Similkameen, 362240, JR 16 0928058, 20050429, Similkameen, 362241, JR 17 092H058, 20050429, Similkameen, 362242, JR 18 092H058, 20050429, Similkameen, 362243, JR 19 0928058, 20050429, Similkameen, 362244, JR 20 092H058, 20050429, Similkameen, 362245, JR 21 092H058, 20050429, Similkameen, 362246, JR 22 092H058, 20050429, Similkameen, 362247, JR 23 092H058, 20050429, Similkameen, 362248, JR 24 092H058, 20050429, Similkameen, 362272, JR 25 092H058, 20050430. Similkameen.

1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1

Page 1

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2.0 GEOLOGY

2.1 Regional Geology The claim group lies on the northeastern edge of the Princeton Basin, a northerly

trending trough partially tilled by Triassic and Eocene volcanic rocks of intermediate composition comprising the Nicola Volcanic and Cedar Formations.

The Upper Triassic hicola Volcanic Group consists of grey-green porphyritic (augite) and aphyric andesite and basalt flows with minor crystal-lithic tuff, volcanic breccia and grey

tu&xous limestone. The overlying Cedar Formation consists of cream-buffweathering porphyritic (feldspar) rhyotite flows and breccia. North and east of the project ares Eocene intrusives are seen in abundance. They are composed of red-brown-grey vesicular porphyritic (plagioclase) dacite, andesite, basalt flows and breccia existing in a cross pattern The property contains sporadic thin dikes and near-to-outcrops of the Cretaceous Allison Creek or Summers’ Creek stocks located to the west. These intrusives contain pink-grey porphyritic lwcogranite as well as grey biotite-hornblende granodiorite, pink-grey biotite quartz monzonite and minor pink granite.

2.2 Property Geology The JR I-25 claims are predominantly underlain by grey-green extrusive andesite

which is locally porphyritic (plagioclase) with hornblende altering to biotite and variable amounts of chlorite, epidote or calcite. Layered within the sndesite rocks are thin units of lapilli tufs a leucocratic extrusive with phenocrysts of plagioclase and minor quartz in a potassic groundmass. Rare , thin “beds” of grey tt8aceous limestone are also found within this volcanic package. One of these beds, located approximately 5OOm north of the farmhouse contains a brachiopod shell fossil cast.

On the claim group the predominant rock type is green-grey-purple (mottled) andesite which is locally serpentinized, siliceous, calcareous and chloritic. LocaJ brecciated /fragmented units are also interlayered within the andesite package. These are tentatively termed “debris flow” (fig.5). At least two Cretaceous quartz monzonite dikes up to 3m wide strike northwest across the property. One area 300m southwest of the farmhouse hosts near-to-outcrop porphyritic leucogranite.

The north end of the claim group is the projected intersection of two regional faults. Outcrop is scarce in this area but the northeast shearing seen in the recent trench (10-3, fig.5) supports this projection. other areas exibit a shearing attitude of approximately AZ060°. Occasional outcrops show

northeast-southwest fracture sets with rare, thin (<2Ocm) parallel dies containin mostly epidote. The British Columbia Mintile reports that a showing known as the “Lucky Strike” is

situated near the north boundary of the claim group. The showing was explores in 1927-28 and consisted of several adits, shafts and trenches over 300m. The best sample Room the showing assayed O.S23%Cu and 0.46gpt Au over 2m. No sign of this showing was found on the JR 1-25 claims and it is assumed to have been misplotted. There are sloughed and overgrown trenches and dumps on the neighboutig F-Bee claimto the east and this is probably the old Lucky Strike showing. The next closest showing to the claim group is the “Lucky” showing located approximately 1.4lon north of the JR-2 claim. Here, mineralization consists chiefly ofPy, CPy with minor covellite, chakocite and bomite. Epidote is commonly disseminated throughout. This showing measures up to 4OOm long and is 75-25Om wide. The best assays returned 0.42%Cu and 0.2lgpt Au over 32m in drill core.

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3 .O GEOCHEMISTRY

3.1 Soil Geochemistry A total of 506 soil samples were collected at 50m station intervals and 250m line

intervals tkom the grid over most of the claim group (see fig.4). At least half of the grid area covers cultivated or grazing land. In all cases, the best effort was made to sample the “B” horizon weathering zone of mineral soil and not the organic “A” layer. In the cultivated areas this necessitated digging up to 1 meter deep whereas elsewhere on the grid sample depth averaged IO-2Ocm. Copper and gold results were plotted and contoured as in Fig.4. Other elements were not plotted as they did not appear to be anomalous. All results are included in tbis report as Appendix I. Phosphorus values appear to be elevated throughout the claim group. No apatite was noted in the field or in the petrographic report (Appendix II) to explain this. One possible source could be the application of fertilizer but this is unlikely as higher values are also found over the eastern chffarea. A possible source for phosphate could be monazite or vivianite which are associated with granites or monzonites but none of these were noted in the samples taken.

Anomalous copper is plotted as >12Oppm and ah gold anomalous samples were plotted in fig.4. There appears to be no correlation between gold and copper anomalies. The north-central area anomalous in copper shown in fig.4 probably lies above a north-south structure which is out-off by the northeast trending regional fault mentioned in sec.2.2 above. The anomalous copper on the southeastern edge of the property could have its source to the east (up-dip).

3.2 Rock Geochemistry Two rock samples were taken and analyzed from the trench area north of the

farmhouse (near 9450N,5900E). Another rock sample was taken from an old pit (7525N,605OE) and one more sample was taken from an old machine dug trench (7575N,6450E). No elements appear to be anomalous in the samples. Only one speck of chalcopyrite was noted in outcrop in the cliffs (SlOON,69oOE). The trench north of the farmhouse contains minor hematite, limo&e and magnetite.

4.0 RESULTS AND CONCLUSIONS

Geological mapping (fig.5) shows the property to be underlain by a tertiary volcanic suite (andesite with minor breccia, latite and limestone units) Sporadic northwest trending quartz monzonite dikes cut across the north half of the property. No mineralization of signit%ance was noted except for the magnetite and chalcopyrite noted in Sec.3.0 above. Shearing is seen mostly at the north end ofthe property: Locslly concentrations of chlorite, carbonate and epidote vary across the property.

Geochemical sampling indicates that an area anomalous in copper exists along the southeast edge of the grid area as well as the north-central grid area. The likely source areas for these copper anomalies are probably off the property to the north and / or east. Only a few spot gold anomalies exist on the grid area

No Volcanogenic Massive Sulpbide target exists on the claim group and the scattered geochemical gold anomalies do not warrant further work.

5.0 RECOMMENDATIONS

There appears to be little in the way of economic concentrations of minerals on the JR 1-25 claims. No h-ther work is recommended.

6.0 STATEMENT OF QUALIFICATIONS

This is to certify that I, Glen M. Rodgers, am;

Engineering. -A graduate of the University of Manitoba (1977) with a BSc. degree in Geological

-A member in good staoding of the Association of Professional Engineem and Geoscientists of British Colmnbii (P.Eng #16430).

-A member of the Association of Professional Engineers, Geologists and Geophysicists of Alberta @‘.Eng.#M67335).

-1 have practised my profession cootim~ously since 1977 workiog primarily in the field of mineral exploration I have no vested interest in Diamet Mine& or in the property on

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Ltd.

7.0 STATEMENT OF COSTS

G.Rodgexs (Geologist) 7 days @ .%275iday . Todd Mayer (Geochemical Survey) 13 days @ %25O./day WayneMitchell ” ” 11 days@$ZSO./day . Rmoulf Glanville (Supervision) 2 days@ S3SO.iday

s 1,925. % 3,250. % 2,750. % 700.

Assaying (Chemex Labs) (Assaycertiticate nos. AOOl8308, AO018314, AOO18317, AOO18311, AOO17023)

% 9,200.

Meals/Gnxeries (29 man days @ UO./day/man) Motel (18 unit days @J %SO./day; BestWestei Pritkton) i 1 E: Two 4x4 trucks (18days@%Olday). % 1:oso. Field Supplies (flagging thread, sample bags) . $ 500. O&x overhead (phone, photocopies, maps, etc.) $ 500. Computer Drafting (Interior Reforestation) $ 1,200.

Total = % 24,195.

Cded as a true accounting of co!@,&wd on the JR1 -2s claims.

APPENDIX1

(ASSAY CERIFICATES)

Y . 8080 cXOVER ROAD. LANGLEY B.C. VIM 353

-- 8 PH~INE (504) 888.1323 + FAX (h-14) 888-3642 i.__- -.-. -.----- erxd: van,7~!1lc~vancouve:.~st

r

Smple 4 (‘2-7; 1s a lapill taff nade up of cLa.scs of ;-ari- texteared, matic-poor andesitss. The uorassic (latitic) verients present ir. Sazsle 2 are zct represent& here. Interclast pockets are filled ijy e;:ds;e, caicite ai4 occzs-iorzL zeol:te.

srxp12 5 ilC-4: is E porp'yriric v3Lc~3~1nl.z cZ qJar-,r lacite co~pcs;ticn - Lqete different *ram t2.e preceding Iqw.rtz-free) samples of t:1e suits. :t is a ieucxratic rock consisting cf phenocrysts of plagrcciese x-d Lesser q.zartz in a potasslc. gronrximass having tke textsral aspect of devltrified glass. The rozk is cxt Yjy hairliiine -7einleCs of quartz and min3r fei&Tars.

Sample 5 (72-6) is a frag-meritai rock cf strongiy Cotassic co.mpo5itior.. It is cc-nposed of relatively large crystal Casts of fresh I?-felmpar and snailer crystal fragments of piagioclasa and qCar:z, rar.ging doim to lox nicrcn size. A miilimal cemectifig phase is tentatively idetltified as opal. The mode? of formation of this rock is 'x~erta~~, bul; it appears :o be derive2 by the shattrr brecciation 05 _olutcnir: rock3 9f granite tn quartz monzonite ccnpx;itlxl.

Sample 7 ;iz-!“ b., 15 a 13:1r,ic extrmive , slnilar to Saxpple 5 bzt more sparsely porptyritic. floji f~eatcres,

The pctassx g~Ollndm.ieS shoirs rel;r-t and Frobably 3z-iginated as

.3evitl-if;ed; _ glass (now mor2 or less

In5ivlciuai sei7xple descriptions are attached.

-

SAHFLE 1 (10-S) AMYGDALOIDAL ANDESITE

This r3ck consists dG5iCantiy grained mes5work aggregate of -.

of plagicchse. in 2x fGrrc Of a fiae- slender laths, r;r.ainLy 30 - 200 F.iCTOT1S

This r-ock is a tyyical Fxygdal3,idal extrcsiva. It a$ears homcge~clis and frae cf fracturing or ve~nFng m the thin secticn sca1e.

SAMPLE 3 (13-82 Slide A) AEYGDiU.OIDAL ANDESITE IN CONTACT WITH CARDONhTE ROCK

SAMPLE 4 (12-7) ANDESITE LAPILtl TUFF

i trace trace tract

SAMPLE 6 (12-6) GRANTTOXD BRECCIA

T:?e stzined oft-cut of t?bs sampie clearly slxws tkat it is a fragmental rock of strongiy pctassic composit.Loc.

Potassic clasxs, ranging up to 7 ma or so in size, ara separated by an interstitial phase of 3rnalLer clasts, ranging from 2 mn! a- so do377 to 3.1 iTim l?r less. The lattsr assedlqe inci2des qdartz. FligiOzlaSe and ~.i~Or R-feldspar.

FhLz seczicn exazinizior. S::OGE that tkis rcc!-z differs from >revi+cs iragmer,zel *9&s cf t..".e su;te !i%-7 and :i.-;C), not only ir, fts composition, but ala0 - as revaaled by t:FLn section exaninati3n - in thct the coastit3enr fragments are, for the mcst aart, net kthic

. * clasts 3u-, r3ther, sre anguular tc sub-azq~lar cry3ta.l fragments.

The coarsest c12sts era found to be monocrystall~ne fragments or coarse aggregates of fresk K-felr:spnr (microc; .Lne 23A weakly aerthitic orttioclase). 3ne exception is a cc~rse ir.tergrowth of K- scar 2nd. plaqL3clase of mor.zcnitic aspzi.

The smaller c:.asts - which range fron a iew mm dokin tz 23 mLcr0r.s 0" so rn sz2.s - era qarrz, niid;y sericirized plagi9clase. R-feldspar, and sca'tered flakes of more cr lass s trsngly &lOritiZed tiotite. A few c1aszs are com~osltas Of one or more 9f these minerals (having rt,e textural aspect of granixid Intrusl.ve material).

Tke sma-l*st clasps are tiGktiy cenextad kz a -ear-isotropic, rather high-relief, brcwnish material which is teztativciy identified as Opel. kcal:.y this shows ~~lbross/~~,rCro-~crustified text*zre.

r

SAWLE 7 (12-13) IATITE

The nff- cut sf t?,i.s sample scmew?iat resetiles tkat of:#5 (10-41 in that it is a hm~ogemus (non-fragmental:, fine-jrained rock of volcanic aspect, sith phenocrysts cf Qlagiociase and quartz in a Qotassic groundmass. ?be present sample differs in thaz phenocrysts Fir-2 inxcii 1 css akuzdant , azd Lbe grcxxdmass s?.ows ill-defined, parallel c3~pn3itianzli~exeur~l ban3lng.

In thin sectios tke grsurdiiass is fotxd to be an nnZ:a8ral aggregate cf K-feldspar and accessory Qlagioclase (poss;bly -with a iittla

occult quart 2.1 . Gra.ir. bcLndaries ara rather Ill-dafined, and grain size ranges from 50 microns cr so d.cm to 2 or 3 microcs. A sir.uous fabric defined by trains of parallei tiny naedles :r':tzle?j is locally apparent. This has the aspect of a relict fioW texiwe. The ~roundnass ir, its gresezt form most :ikeSy represents the devitrificatisn of an or.~gxal SeldsFathic Glass.

The sparsely scetter2d pheaccq-sts - r;?ich make up o?iy 5-:36 of zhe rock overall - are turblb, incipiently s?rlcit;zed piagiaclase subP.edrs, 3.5 - 3.C mm in s;ze, anti ieaser, smaller quartz 9rair.s. Tiny flecks oi graasish chl0rLtis meteri+l protxbly regresent a miner altered mfFc co;r,aonent.

The remaining csnstituent Is Cema'tite, as rare clusters of Sna11 equazt grains 5C - :CC TnLcrons zr. SiZ* - partly assxiated wit?. altered mafics.