Project Information
Project Summary

SAIL POND PROJECT AREA VIEWING NORTH FROM THE SOUTH MINERALIZED ZONE
Location and Ownership
SAIL POND PROJECT LOCATION

SAIL POND PROJECT LOCATION
Coordinates: 578000mE, 5657000mN (NAD27, UTM Zone 20N)
Geological Setting

GEOLOGICAL MAP OF NEWFOUNDLAND
Multi-element Soil Geochem Highlights Zones

Strong correlation of Ag, As, Cu, Pb, Sb, Zn (+ Cd, not shown) over a combine strike length of 12km
IP + Gravity (105 line-km)
Strong gravity anomaly underlies the distinct trendline providing potential galena or sulfide rich zones of mineralization


Potential Project Analog
“While it is still early, the quartz-(carbonate)-like nature of mineralization, and the Ag-Sb-rich nature of the primary Zn-Pb mineralization could suggest this is similar to the structurally hosted Zn-Pb-Ag-(Sb) veins found in metasedimentary belts around the world such as Coeur d’Alene in Idaho or Keno Hill in Yukon. “ – Dr. Stephen Piercey, NI 43-101 on the Sail Pond Project

Qualified Person’s Statement
Roderick Smith, M.Sc., P.Geo., Chief Geologist for Altius, is the Qualified Person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects. Mr. Smith is responsible for the scientific and technical data presented herein and has reviewed and approved this project summary.