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Atkinson Prospect
Atkinson Gold Project

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Lipton Claim Block, Detour Lake Mine Area, Porcupine Mining Division, Ontario below James Bay

Technical Report
Location Map
Regional Geology
General Geology and Location

Overview

The Company holds four properties (3,680 hectares) under option to acquire 100% interest, subject to a 2% royalty, in the Detour – Atkinson area of Northern Ontario, 15 to 20km south-east of the Detour Lake Mine, at the northern margin of the Abitibi Greenstone Belt. During the period February 6, 2006 to March 23, 2006, a total of 1,493.0 meters of diamond drilling was completed in ten holes on the Lipton claims, which are part of the Atkinson Gold Prospect.

In 1996. Better Resources, in the same general area as the foregoing drilling took place intersected 10.7 g/t Au over a core length of 9.0 meters, hosted within a sequence of felsic tuffs, felsic intrusive rocks, and cherty graphitic chemical sedimentary rocks.

Dentonia´s diamond drilling was successful. Seven of the ten holes completed, intersected anomalous concentrations of gold greater than 500 ppb. Holes L-06-5, 6,7,8,9, and 10 intersected gold mineralization in mafic volcanic flows located above the mineralized zone intersected by the 1996 drilling with the highest concentration of gold, in that zone being 6.17 g/t over a core length of 1.0 meters, from hole L-06-10. The gold is commonly associated with trace levels of iron sulphides and thin quartz veins.

A second zone of mineralization was intersected in holes L-06-7, 8, and 9 at or near the contact between the mafic to intermediate volcanics and the underlying felsic volcanic rocks. The best intersection was located in hole L-06-7 with a concentration of 14.01 g/t Au over a core length of 7.7 meters. The gold was hosted in felsic tuffs, and felsic intrusive rocks located immediately below the chemical sedimentary unit.

Table 1 - Summary of Significant Assays (>500 ppb Au) Lipton Claims 2006 (45 KB)

Table 2 - Check Assays (17 KB)

The check assay results are in the same order of magnitude as the initial results and confirm the high grades for hole L-06-7.

Using the average of the check results and the initial results, the grade in hole L-06-7 is 13.52 g/t Au over 7.7 meters (uncut), or 8.54 g/t Au over 7.7 meters with sample 25887 (74.71 g/t Au) cut to 30 g/t Au.

In hole L-06-10, check assays confirm its grade and gave an average of 6.05 g/t Au over 1 meter.

Gold Intersect

As the foregoing tables indicate significant concentrations of gold, the highest 14.01 g/t or 13.53 g/t (check assay) of gold over 7.7 meters have been intersected on the Lipton claims. These intersections are located at the margins or within a regionally extensive magnetic high. Additional claims were staked recently to extend Dentonia’s property to the north of the Lipton claims to cover most of the magnetic feature.

Results of Analyses of Whole Rock Samples

The results from 20 samples sent for whole rock analyses have been received. When plotted against the normal geochemical trends of Abitibi Group volcanic rocks, the results show that there is a significant enrichment in K2O for most samples, and that there is also significant Na2O depletion for some of the samples. These results indicate and confirm the presence of a zone of hydrothermal alteration at the Lipton and the recently staked claims.

The Lipton and recently staked claims by the Company, 35 units or 530 hectares, are completely covered by glacial overburden and any information on the geology and mineralization is obtained from geophysical, and geochemical surveys, and subsequent diamond drilling.

The foregoing chemical analyses together with the magnetic results indicate the development of a hydrothermal system favorable to the development of Archean gold or volcanogenic base metals (Cu, Zn) deposits.

Gold deposits in this area (Detour Lake Mine, and Casa Beradi) are associated with or are in part hosted by sulphide bearing chemical sedimentary units (hydrothermal).

The volcanogenic massive sulphide deposits can also be located by geophysical methods and may be associated with laterally extensive chemical sedimentary horizons. Alteration zones that are commonly associated with both types of mineral deposit, Archean gold and volcanogenic base metals, may be reflected as areas with lower magnetic signature than the unaltered rocks along strike.

The foregoing results warrant an exploration program of core drilling, with helicopter support, for late summer or early fall at an estimated cost of $800,000.

These exploration programs are under the direction and supervision of Paul P Nicholls, P. Eng., Ontario.

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