Page 61 Contd on pg 62 Ring of Fire in Northwestern Ontario and into Manitoba and even North ern Saskatchewan BVI s drilling program consisted of 1616 metres of drilling in nine holes to test anomalies 52 53 54 and 56 that were detected during the geo physical surveys These anomalies were interpreted to host sulphides bearing rocks with a geophysical sig nature comparable to the geophysi cal signature related to the Noront Resources Ltd Eagle One discov ery that hosts nickelcopper bearing massive sulphides Three holes totaling 564 metres where drilled on the Area 56 claim group At one hole B56C1201 encountered a zone of semimassive to massive pyritepyr rhotite mineralization hosted within a quartz sericite schist unit between 1636 and 1699 metres that con tained anomalous gold values of 08 gt23 metres A second hole B56 C1202 at 1 18 to 126 metres the iron formation con tained up to 35 arsenopyrite and pyrrhotite Elevated gold values of 06 gt were found in two metres be tween 1244 and 1264 metres A third drill hole B56C1203 encountered arsenopyrite that contained 04 gt over 57 metres from 1748 to 1805 metres In Area 52 claim group two drill holes B52A1201 and B52B1202 279 metres also returned indications of the presence of gold Hole B52A12 01 returned strongly anomalous gold values of 10gpt56 metres between 6695 to 7350 metres The gold val ues where associated with a zone of strong quartz veining Hole B52B12 02 returned a narrow zone of 07gpt gold between 1093 and 1096 metres associated with a zone of arsenopryite bearing quartz veins The anomaly at drill whole 53 A was caused by the presence of a greater than 80 metre thick sequence of sul phide pyrite and pyrrhotite bearing iron formation However no economi cally viable minerals were found from the drilling that occurred in claim area 53 and 54 The drill program was a continuation of the Company s ongoing airborne surveys followed by diamond drill testing of anomalies that meet BVI s tar get evaluation criteria The technology employed in these surveys is an airborne vertical loop transient electromagnetic system that has the capacity to penetrate deeper than previously developed electro magnetic survey systems of this type The noise to signal ratio is of a suf the accurate positioning of diamond drill holes to test select anomalies that are encountered in the survey This normally eliminates the need for Contd from pg 60 Drill pr ogram consisted of 1616 metr es of drilling CO NT A C T US 50 M U M FORD RO AD LIVELY ON TA RIO P3Y 1L2 PH 705692 2959 FA X 705692 2961 WWWRELIA BLECLEANCO M PRECISE MEASURE MEN TS ON AN INDU STRIAL SCALE LOCA TED NEAR SUDBURY ON TARIO WE C A N PR OV IDE O N E DAY SE RVICE TO NO RTHE RN O N T A R I O LO CAT I O N S ALUMINUM S U LPHAT E MAGNESIUM CHLORIDE RELIABLE INDUSTRIAL SUPPLY SPECIALI ZES I N CUSTOM BLENDING B O TH DRY AND WET PROD UCTS FOR SPECIFIC CUSTOMER R E QUIREM ENTS OU R CUSTOMER BASE INCL UDES THE HEAVY INDU STRIAL MARKETPLACE MININ G PU LP AND PAPE R W A TER TREATMENT AND FOOD AND BEVERAGE