CLASSIFICATIONS OF ORE— WIN CLAIMS — BOWSER CREEK ALASKA

Measured ore is determined by physically measuring, systematically sampling and calculating a weighted average, from three dimensions of an exposure length x width x depth.

Following industry guidelines, the value placed on indicated ore is an assumption that drilling 300 foot holes will prove an average of 100 times the surface values. If, as limited excavation has shown, the value of the ore protected from surface weathering is greater, then gross values will be higher, but this factor is an unknown. If values increased at the same rate and depth as that experienced by the Ranchers Silver Esclante project on a similar style structure, then the total value of the indicated ore would be 7 times the amount projected.

This scene requires more than a short caption. What is needed here arm waving! This is mineral zone N3, looking on strike, across Bowser Creek to zones S1a, S1, and S2 along ridge leading left up to 6380. The cliff face exposure on S1a shown in photographs on a previous page are just below the dot of snow on the bump being ground away by the rock glacier which has covered the lower part of the mineralization. Most visiting professionals have speculated upon the mineralization of the north and south mineral zones being connected beneath that 200-500 blanket of talus and glacier rock debris. If, as the state of Alaska geologists have mapped, there is a cross fault following the course of the creek, then this would be a very interesting intersection.

Also of note, see how the mineral (shown by red streaking) only outcrops where the loose limestone talus covering has been carried away. We have not to date been able to open extensive trenches in the North Zones as without mechanical assistance, they seen are filled by sluffing. For this reason the North exposures were not included in the measured ore calculations. And, when figured into the indicated ore spreadsheet the weighted average sampling across the zone (due to the dilution of ore by country rock) was only 1.62 ounces of silver. However, where we were able to uncover what was below the talus, the silver average is closer to 10 ounces, or more, as in this representative piece of weathered galena.

Calculation of inferred ore in place is based upon approximate measurements and random sampling a mineralized area. Here the figure for depth was supplied by figuring, from the sampling of Wm. Sharp and James Orr, and a depth suggested by the State of Alaska Geological & Geophysical Cross Section.