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From: DJK1

11/20/2014 10:55:25 AM

of 12175

News November 18, 2014:

Jevin Werbes, President of Carmax stated, "We are very pleased that DDH0124 has demonstrated the continuity of the copper mineralization between the East zone and the Bornite zone as well as intersecting significant copper mineralization associated with the southern edge of the chargeability signature in this area of the deposit. The 2014 drilling results support our interpretation that we are exploring a single, large porphyry system based on the positive correlation of the 4,500m long chargeability signature outlined in 2014 with the copper mineralization reported in the current and historical core logs. The potential size of the mineralized zone combined with the different metal associations identified to date indicates that a considerable amount of exploration is warranted."

Diamond Drilling Analytical Results:

The weighted average grades for DDH0123 and DDH0124 were calculated using a 0.10% copper cutoff grade as shown in the table below.

DDH ID	Azimuth	Dip	From (m)	To (m)	Interval (m)	Copper (%)	Molybdenum (%)	Gold (g/t)	Silver (g/t)	CuEq (%)
DDH0123	0	-65	42.67	538.00	493.33	0.10	0.003	0.05	0.56	0.16
		including	42.67	228.00	183.33	0.16	0.003	0.07	0.90	0.27
		including	124.00	148.00	24.00	0.60	0.005	0.11	3.33	0.74
		including	352.00	360.00	8.00	0.24	0.003	0.21	1.06	0.43
		including	430.00	446.00	16.00	0.27	0.003	0.28	2.16	0.52
DDH0124	215	-75	200.00	224.00	24.00	0.15	0.013	0.02	0.39	0.23
		and	274.00	288.00	14.00	0.14	0.004	0.01	0.41	0.17
		and	424.00	502.00	78.00	0.38	0.003	0.01	0.88	0.41

News October 14, 2014

Jevin Werbes, President of Carmax stated, "The results for these holes are a significant development in understanding the potential and size of the Eaglehead property. The thickness and styles of mineralization in these holes support the porphyry model and demonstrate that the mineralization is open at depth. Most importantly is the significant molybdenum and gold content in both drill holes at depth. The results of the 2014 drilling has extended the zones of mineralization and has returned higher average grades than those currently reported for the Eaglehead property."

Diamond Drilling Analytical Results:

The weighted average grades for DDH0121 and DDH0122 were calculated using a 0.10% copper cutoff grade as shown in the table below.


DDH ID	Azimuth	Dip	From (m)	To (m)	Interval (m)	Copper (%)	Molybdenum (%)	Gold (g/t)	Silver (g/t)	CuEq (%)
DDH0121	0	-60	29.87	551.08	521.21	0.23	0.013	0.06	0.91	0.37
		Including	29.87	308.00	278.13	0.21	0.003	0.02	0.51	0.25
		including	29.87	42.00	12.13	1.01	0.012	0.25	3.97	1.31
		and	308.00	551.10	243.10	0.27	0.025	0.09	1.36	0.48
		including	308.00	332.00	24.00	0.95	0.085	0.13	4.73	1.53
		including	438.00	518.00	80.00	0.22	0.036	0.15	1.12	0.53
DDH0122	0	-65	73.00	377.00	304.00	0.18	0.005	0.07	0.82	0.27
		including	141.00	257.00	116.00	0.28	0.010	0.14	1.20	0.43

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