Table 1: Drill Hole Results

Drill Hole ID Depth From

(m)

Depth

To

(m)

C-Graph

(%)

Comments
LB22-01 11 12 1.66 3 metres with average grade of 2.46% Cg at 11 m including one metre with 4.97% Cg at 13 m
LB22-01 12 13 0.75
LB22-01 13 14 4.97
LB22-01 98 99 0.86
LB22-01 99 100 2.26 2 metres with average grade of 2.01% Cg at 99 m
LB22-01 100 101 1.77
LB22-01 101 102 0.71
LB22-02 20 21 0.63
LB22-02 21 22 1.31
LB22-02 22 23 0.84
LB22-02 39 40 1.11
LB22-02 40 41 0.29
LB22-02 41 42 0.23
LB22-02 42 43 3.91 One metre with 3.91% Cg at 42 metres
LB22-02 43 44 0.44
LB22-02 50 51 0.22
LB22-02 51 52 1.26
LB22-02 52 53 0.55
LB22-02 68 69 0.05
LB22-02 69 70 1.09
LB22-02 70 71 0.64
LB22-02 71 72 1.99
LB22-02 72 73 0.99
LB22-03 11 12 0.2 No significant graphite mineralization
LB22-03 12 13 1.01
LB22-03 22 23 0.2
LB22-03 94 95 0.33
LB22-03 95 96 1.71
LB22-03 97 98 0.98
LB22-04 Abandoned
LB22-05 54 55 0.39 No significant graphite mineralization
LB22-05 55 56 1.24
LB22-05 56 57 0.91
LB22-05 62 63 0.49
LB22-05 63 64 1.01
LB22-05 64 65 0.28
LB22-05 90 91 0.55
LB22-05 91 92 1.01
LB22-05 92 93 1.79
LB22-05 93 94 0.61
LB22-05 103 104 0.41
LB22-05 104 105 1.07
LB22-05 105 106 0.14
LB22-05 123.3 124.3 0.61
LB22-06 5 6 1.09 No significant graphite mineralization
LB22-06 6 7 0.27
LB22-06 7 7.9 1.76
LB22-06 11.6 12.5 0.85
LB22-06 62 63 0.77
LB22-06 64 64.5 1.88
LB22-07 Not completed
LB22-08 18 19 0.37 No significant graphite mineralization
LB22-08 19 20 1.21
LB22-08 20 21 1.01
LB22-08 24 25 0.69
LB22-08 68 69 1
LB22-08 69 70 1.87
LB22-09 3 4 0.08
LB22-09 4 5 3.87
LB22-09 5 6 0.91
LB22-09 6 7 0.26
LB22-09 7 8 9.47 4 metres with average grade of 6.61% Cg at 7 m
LB22-09 8 9 9.61
LB22-09 9 10 5.32
LB22-09 10 11 2.04
LB22-09 36 37 0.47
LB22-09 37 38 1.02
LB22-09 39 40 0.1
LB22-10 9 10 0.84
LB22-10 10 11 1.29 3 metres with average grade of 4.13% Cg at 10 m including one metre with 8.85% Cg at 11 m
LB22-10 11 12 8.85
LB22-10 12 13 2.27
LB22-10 13 14 0.29
LB22-10 18 19 1.02
LB22-10 34 35 0.57
LB22-11 3 4 1.31 No significant graphite mineralization
LB22-11 10 11 0.32
LB22-12 Not completed
LB22-13 9 10 0.96
LB22-13 10 11 1.87
LB22-13 11 12 1.74
LB22-13 13 14 0.92
LB22-13 duplicata 659 1.07
LB22-13 14 15 1.1
LB22-13 15 16 1.15
LB22-13 16 17 1.34
LB22-13 17 18 1.73
LB22-13 18 19 0.89
LB22-13 19 20 1.11
LB22-13 20 21 1.13
LB22-13 21 22 0.79
LB22-13 27 28.2 0.15
LB22-13 28.2 29 5.39 2.3 metres with average grade of 7.2% Cg at 28.2 m
LB22-13 29 30 8.58
LB22-13 30 30.5 7.5
LB22-13 32 33.2 0.4
LB22-13 36.75 37.7 2.01
LB22-13 40.4 41.2 0.99
LB22-14 0.85 1.55 1.97
LB22-14 19 20 1.18
LB22-14 25.29 26 0.7
LB22-14 26 26.92 1.87 2.0 metres with average grade of 4.69% Cg at 26 m
LB22-14 26.92 28 7.5
LB22-14 44.4 45.5 1.12
LB22-15 13 13.9 0.73
LB22-15 13.9 14.7 8.78 0.8 metres with average grade of 8.78% Cg at 13.9 m
LB22-15 14.7 15.2 < 0.05
LB22-15 20.3 21 0.95
LB22-15 21 21.7 1.12
LB22-15 23 24 1.42
LB22-15 24 25 1.82
LB22-15 25 26 0.42
LB22-15 37 37.65 1.26
LB22-15 37.65 38.45 14.5 2.6 metres with average grade of 8.83% Cg at 37.65 m including 0.8 metre with 14.5% Cg at 37.65 m and 13.2% Cg over 0.55 m at 39 m
LB22-15 38.45 39 0.82
LB22-15 39 39.55 13.2
LB22-15 39.55 40.25 5.22
LB22-15 40.25 40.7 1.17
LB22-15 40.7 41.5 0.35

Table 2: Drill Collar Locations, Elevation, Azimuths, Dip and Depth

UTM Nad83, zone 18
Drill

Hole ID

Easting Northing Elevation Azimuth Dip Depth
LB22-01 457322.7 5133718 280.165 113 -42 150
LB22-02 457279.2 5133746 281.486 300 -43 150
LB22-03 457280 5133683 281.779 112 -42 150
LB22-04 457331.8 5133820 283.065 120 -42 31
LB22-05 457332.3 5133823 279.226 111 -42 151.8
LB22-06 457331.7 5133822 282.411 113 -65 135
LB22-07 457274.6 5133641 278.913 293 -42 159
LB22-08 457301.3 5133849 284.982 317 -41 174
LB22-09 457367.5 5133703 273.51 300 -51 48
LB22-10 457383 5133690 274.553 294 -47 47.8
LB22-11 457355.6 5133646 278.573 302 -50 42
LB22-12 457360.2 5133617 272.186 294 -44 45
LB22-13 457376.9 5133799 274.557 296 -50 48
LB22-14 457382.6 5133784 276.402 296 -50 48
LB22-15 457401.7 5133832 284.755 300 -47 51

Figure 2: 2015 Airborne Survey Target Areas