ORE CALCULATIONS— 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. Usually the depth is determined by drilling. On the Win claims this was accomplished by a series of trenches blasted into the weathered surface rock. As some of these trenches were upon the face of a cliff, additional measurements could be made of vertical exposure. Documentation of assays, gross tonnage, costs, etc., are suspect when presented by an interested party. With this thought in mind, the statements made in this report are on the conservative side, in keeping with professional standards. And, the recoverable values for the measured ore classification has been detailed into two groupings.

#1) Outside Professional

Calculations in this classification were made from the data in geological reports published by the U.S. Geological Survey, Homestake Mineral Development, the State of Alaska, and geologists Wm. Sharp, and James Orr (see Sources of Information). The reputation of the authors are well known, and their professional standing can be verified many different ways.

#2) Murray Mining

Calculations of new finds as made by Murray Mining. Information on these exposures follow under the heading of Recent Developments. Some of this work was supervised by Todd Christensen, Economic Geologist with a degree from Washington State University. Another study was undertaken this past summer by a geologist and mining engineer from Bar Creek Mining. who have placed a restriction upon publishing their corporate-use only reports. Their findings did however confirm the presence of gold upon the second intrusive, and that a midrange mining cost was supportable.