52

 · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

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Page 1:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

Cautionary Statement on Forward Looking StatementsCertain information in this presentation is forward-looking within the meaning of certain securities laws and is subject to important risks uncertainties and assumptions This forward-looking information includes among other things information with respect to the satisfying the conditions to the Acquisition of the Spectrum Property (including receipt of shareholder and regulatory approval and completing the required financing) the results of the Companyrsquos due diligence investigations the Companys beliefs plans expectations anticipations estimates and intentions including the continued listing and trading of the Companys common shares on the TSXV The words may could should would suspect outlook believe anticipate estimate expect intend plan target and similar words and expressions are used to identify forward-looking information The forward-looking information in this news release describes the Companys expectations as of the date of this news release and accordingly is subject to change after such date Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date While the Company may elect to it does not undertake to update this information at any particular time

The Qualified Person responsible for the technical information in this corporate presentation is the Companyrsquos Vice-President of Operations Michael Cathro PGeo who has approved this technical information included herein Any reference to historical estimates and resources should not be relied upon These historical estimates are not current and a Q P has not done sufficient work to classify the historical estimate and Skeena is not treating the historical estimate as a current resource estimate

wwwskeenaresourcescom 2

To establish multi-million ounce gold deposits with attractive economic characteristics and advance them

through permitting and feasibility

wwwskeenaresourcescom 3

Corporate Goal

Synergy Spectrum and GJ Projectsgt Located in the prolific Golden Triangle of northwestern BC close to

roads and grid power

gt Spectrum is a historic high-grade multi-zone Au project and is open to depth and on strike Expanded by 17350 m drilling in 61 holes in 2015

gt Intercepts include 1063 gt Au over 27 m 2545 gt Au(743 ozton) over 20 m 821 gt Au over 2615 m including 745 gt Au over 20 m and 385 gt Au over 29 m

gt Updated 43-101 resource estimate planned in Q1 2016

gt GJ was acquired in October 2015 and has a bulk-tonnage porphyry Cu-Au resource plus numerous other porphyry Cu-Au and high-grade Au prospects

gt Updated independent 43-101 resource estimate released January 16 2016

wwwskeenaresourcescom 4

Location Access and Infrastructure

wwwskeenaresourcescom 1

North Donnelly amp Donnelly (Skeena)MampI 1337 mt 032 Cu amp 036 gt AuInferred 537 mt )26 amp 033 gt Au

6

GJ Copper-Gold Project

wwwskeenaresourcescom 7

gt Option to earn 100 interest from Teck and NGEx

gt 38374 Ha property 25 km from Red Chris which has similar geology and grades

gt Excellent access and infrastructure including grid power

gt Long term call option on copper and gold prices

gt The Donnelly porphyry deposits have an updated independent 43-101 Resource Estimate of 940 million lbs Cu and 156 million oz Au in the Measured and Indicated categories and 3125 million lbs Cu and 057 million oz Au in the Inferred category

gt Potential for expansion of Donnelly deposits to west and at depth

gt GJ also includes high-grade Au-Ag prospects similar to SpectrumSee page 8 and Skeena News Release of January 14 2016 for details of the resource estimate Mineral resources that are not mineral reserves do not have demonstrated economic viability Mineral resource estimates do not account for mineability selectivity mining loss and dilution These mineral resource estimates include inferred mineral resources that are normally considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves There is also no certainty that these inferred mineral resources will be converted to measured and indicated categories through further drilling or into mineral reserves once economic considerations are applied

Donnelly Deposits - Updated 43-101 Resource

wwwskeenaresourcescom 8

By Gary HGiroux MASc PEngFor details see January 14 2016 Skeena news release

Spectrum Goldgt 100 ownership interestgt High-grade gold zones occur within a broader halo of porphyry-style gold-

copper mineralization

gt Host is Triassic Stuhini Group volcanics amp sediments at the contact of aTriassic-Jurassic porphyry intrusion

gt High-grade gold is related to steeply dipping panels of stockwork quartz-carbonate-sulphide veinlet extending over 650 metres of strike

gt Mineralization remains open along strike and at depth appears related tohydrothermal fluids associated with the porphyry intrusion

gt Its characteristics are consistent with the upper portion of an alkaliporphyry-style Cu-Au deposit similar to other important deposits in theStikine

wwwskeenaresourcescom 9

Geology and Mineralized Zones

wwwskeenaresourcescom 10

Tovia Orange

Summary of Mineralized Zones

wwwskeenaresourcescom 11

Name Description

Central Zone

QC Structure North-striking zone of fractured silicified volcanic rocks 30 to 70 m east of the monzonite dyke containing 2 main parallel high grade gold-bearing structures that pinch and swell along a strike length of 650 m Best drill intercept of 3176 gt Au over 60 m

Porphyry Structure Parallel to QC zone lies 0-30m east of monzonite dyke Contains two high-grade gold zones of variable width and grade within a shell of lower-grade disseminated Cu-Au mineralization 2014 drill intercepts include 106 gt Au over 270 m

500 Colour Zone Northwest-striking branch of QC-Porphyry zones related to monzonitic dyke swarm Drilled for 450 m strike length with erratic gold intercepts Best drill intercept 2545 gt Au Over 20 m

33 Zone Easterly trending splay from main monzonite dyke intersected in one drill hole (8 m 11 gt Au)

300 Colour Zone One drill hole yielded 21 m 559 gt Au and 04 m 2945 gt Au

Boundary Zone Anomalous gold in propylitic altered volcanic drill intercept of 072 gt (0021 ozton) over 103 m

4440 Zone Defined at surface only no drilling 79 gt Au over 07 m surface channel sample

Skarn (Malachite) Showing Along southwest-trending splay of Monzonite dyke Surface channel sample 20 m long returned 29 gt Au and 05 Cu

West Creek Showing Gold-copper soil anomaly no drilling Surface channel sample 10 Cu 31 gt Au 3771 gt (110 ozton) Au over 415 m

GR Showing Gold-copper soil anomaly no drilling Rock grab samples to 3428 gt Au (100 ozton)

East Creek Zone North-trending 5 m wide silicified zone traced at surface for 600m strike length High grade gold with pyrite arsenopyrite chalcopyrite and sphalerite Drill intercept of 26 m 3445 gt Au trench sample 26 m 584 gt Au

Hawk Vein North-trending traced for 200m strike underground Best gold grades Surface 2914 gt Au (085 ozton) over 035 m Adit 668 gt Au (0195 ozton) over 10 m

ozshort ton converted to gramstonne using the conversion factor 10 ozton = 3428 gtonne

Spectrum Free Gold in Drill Coregt Visible gold has been identified in about 40 of the holes logged to date

in 2015

wwwskeenaresourcescom 12

Metallurgy ndash Gravity and Cyanide A bench-scale metallurgical test was conducted on 2014 drill core obtained from throughout two of the mineralized zones The work was performed by Saskatchewan Research Council under the supervision of Michael Yakimchuk P Eng (see news release of May 12 2015)

wwwskeenaresourcescom 13

QC Structure

gtThe composite head-feed sample was calculated to be 1396 gt Au as compared tothe weighted average of 1350 gt for the individual drill core sample assays

gtA gravity recovery test yielded gold recovery of 564

gtAn overall gold recovery of 988 was obtained when both gravity and subsequentcyanide leaching of the gravity tails were performed

Porphyry Structure

gtThe composite head feed sample was calculated to be 876 gt Au as compared to theweighted average of 1055 gt for the individual drill core samples

gtA gravity recovery test yielded gold recovery of 246

gtAn overall gold recovery of 916 when both gravity and subsequent cyanide leachingof the gravity tails were performed

Metallurgy ndash Flotation StudiesBench scale test work completed at SRC under the direction of Michael YakimchukP Eng has shown that the mineralized rock also returns high gold recovery when using a flotation process (see news release of July 20 2015)

gt Samples from the QC structures in the Central zone were upgraded by flotation from a composite head grade of 944 to over 22 gt Au with an average overall recovery of 85 with multiple tests yielding gold recoveries over 95

gt Samples from the Porphyry structures in the Central zone were upgraded from a composite head grade 969 gt to an average of over 364 gt with average overall recovery of 928 and multiple tests yielding gold recoveries over 95

Conclusion the positive results from each of gravity cyanidation and flotation tests demonstrate there is flexibility for future mineral processing of the mineralization Additional test work is planned after the 2015 field season

wwwskeenaresourcescom 14

Management and Share StructureDirectors amp Management

Ron Netolitzky MSc Chairman Director

Walt Coles Jr President amp CEO Director

Rupert Allan PGeol Vice President of Exploration Director

Michael Cathro MSc PGeo Vice President of Operations

Peter Tredger MBA PEng Director

Karen Allan CMA CFOCorporate Secretary

Share Structure (as at Nov 9 2015)

Shares Outstanding 325401172

Options ($010 strike price)

Warrants ($010 strike price)

Fully Diluted

Working Capital

14700000

40397000

380498172

$4 million

Includes 76663517 common shares in escrow

wwwskeenaresourcescom 15

The ExpertiseSkeenarsquos Board and Management has considerable exploration and development experience in northwestern British Columbia

Ron Netolitzky was one of the primary developers behind the Snip Mine that Cominco placed into production and Eskay Creek which was developed by Homestake and Barrick For these achievements amongst numerous other international accomplishments Mr Netolitzky received the Prospector of the Year award from the PDAC and Developer of the Year award from the BC amp Yukon Chamber of Mines Ron was also inducted into the Canadian Mining Hall of Fame in 2015

Peter Tredger was one of the developers of the Golden Bear mine as well as being intimately involved with the merger of Blue Pearl Resources and the expansion of the Thompson Creek Metals portfolio

Rupert Allan P Geol is a consulting geologist with 45 yearsrsquo experience in base and precious metals exploration throughout Canada and internationally He has worked extensively in northwest British Columbia and was instrumental in the permitting and development of the Brewery Creek heap leach gold mine in the Yukon

Michael Cathro P Geo is a registered professional geoscientist in British Columbia and holds a BSc from Queens University and a MSc from the Colorado School of Mines Mr Cathros 35-year career has included work as an exploration geologist on gold and base-metal projects in Canada and overseas and 17 years in technical and management roles with the BC Ministry of Energy Mines and Petroleum Resources

wwwskeenaresourcescom 16

Past SuccessesSpectrumrsquos Past Exploration Development Success Ratio

gt 243600 historical oz of Au from 11902 m of historical drilling

gt 205 oz Au discovered for every metre drilled

gt Assuming $250 per metre drilling cost = $1220 per oz Au discovery cost

Historic mines in NW British Columbia where Netolitzky was the driving forcebehind their development

gt Snip Gold Minersaquo 1 million oz Au produced at 25 gt

gt Eskay Creek Minersaquo 327 million oz Au produced at 49 gtrsaquo 158 million oz Ag produced at 2406 gt

wwwskeenaresourcescom 17

Past performance should not be construed to mean future drill results and exploration development success will be guaranteedThis estimate precedes NI 43-101 and is not to be relied upon This estimate is not current and a Qualified Person has not done sufficient work toclassify the historical estimate and Skeena is not treating the historical estimate as a current resource

Contact Information

wwwskeenaresourcescom 18

Tony PerriManager Investor Relations

tperriskeenaresourcescomTel +16046848725Dir +16045587681Fax +16045587695

Skeena Resources LimitedSuite 650 ndash 1021 West Hastings StreetVancouver British Columbia Canada

V6E 0C3

wwwskeenaresourcescomTSX Venture Exchange SKE

Appendix

Figures from 2015 Spectrum Drill Program

gt Table of Intersectionsgt Drill plangt Cross-sectionsgt Gold in soil maps

wwwskeenaresourcescom 19

Page13 113 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐010 270 -shy‐52 278 340 700 360 164including 500 700 200 221

9430 9600 170 41914500 14700 200 292 01119900 20040 140 159

S15-shy‐011 270 -shy‐45 2235 600 1200 600 7862000 2160 160 8564800 8400 3600 104 30 010

including 5000 5500 500 200and 6200 6400 200 328 011and 7100 7235 135 240 136 062

11000 11738 738 179 56 01313000 14200 1200 362 52 016

including 14000 14200 200 95 90 024

S15-shy‐012 270 -shy‐55 251 3500 7300 3800 12810200 10860 660 1059 31 019

including 10550 10690 140 37814000 14600 600 207 15019760 21600 1840 640 88

including 19760 20150 390 2527 595 033including 19960 20150 190 498 1180 063

21200 21600 400 286 8823400 23800 400 708 175 012

S15-shy‐013 270 -shy‐45 200 300 13000 12700 126 52 015including 2000 3300 1300 338 77 024

and 2720 2940 220 96 115 036and 3100 3300 200 450 138 031and 4800 5000 200 222and 7800 8000 200 227 59 016and 10800 11000 200 290 011and 12000 13000 1000 230 53 014

S15-shy‐014 270 -shy‐58 2175 300 700 400 3181900 2100 200 243

Page13 213 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 3000 3500 500 225 0225100 5500 400 160 0247700 9395 1695 495 205 070

including 8300 9000 700 795 355 09315300 15500 200 213 6317100 17275 175 11720800 21000 200 281 72 011

S15-shy‐015 270 -shy‐50 259 2800 3000 200 2943800 4000 200 28816385 19000 2615 821

Including 16385 17300 915 473And 16385 16600 215 883And 16750 16900 150 613And 17100 17300 200 587And 18050 18400 350 442 75

Including 18200 18400 200 745 85

S15-shy‐016 270 -shy‐48 179 3400 9500 6100 162 014Including 3400 3600 200 238

And 4800 5200 400 563 96 022Including 4800 5000 200 918 110 022

And 6500 7100 600 199 012And 8700 8900 200 247 011And 9300 9500 200 214 55 014

S15-shy‐017 270 -shy‐55 193 10315 10400 085 979 430012800 13600 800 1046 83

including 12800 13030 230 3333 267 01315740 16100 360 116818000 18275 275 279 54 010

S15-shy‐018 270 -shy‐45 302 13900 14130 230 11118300 18500 200 613 01022100 22700 600 544 234

Including 22500 22700 200 132 63825100 25300 200 237

Page13 313 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐019 270 -shy‐50 215 1900 3100 1200 155including 1900 2100 200 243

And 2700 3100 400 3069600 11700 2100 090 01015900 17250 1350 278

Including 16300 16500 200 697

S15-shy‐020 270 -shy‐45 258 23600 23800 200 251

S15-shy‐021 270 -shy‐50 605 Hole13 abandonded13 in13 fault13 Poor13 recovery13 No13 significant13 values

S15-shy‐022 270 -shy‐50 254 15000 15200 200 78616800 17000 200 13517410 18900 1490 897

Including 17410 17700 290 3851 54Including 17410 17562 152 347

And 17562 17700 138 427 81

S15-shy‐023 270 -shy‐45 225 6000 8590 2590 077 011Including 8000 8200 200 458 012

16500 16700 200 243 01019300 19660 360 561 103

Including 19300 19460 160 917 13520800 21000 200 211 85

S15-shy‐024 270 -shy‐60 244 3200 3400 200 2937600 8000 400 35913625 13716 091 641 24017020 17220 200 314 5118300 19264 964 681 207 009

Including 18700 18870 170 141 204 014

S15-shy‐025 270 -shy‐45 181 1100 1300 200 3144100 4900 800 414

Including 4100 4215 115 172 98 01511100 13400 2300 143

Page13 413 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 Including 11100 11300 200 276

And 12800 13000 200 531

S15-shy‐026 270 -shy‐45 260 800 1000 200 477 12212250 12450 200 22414870 15270 400 31218250 19050 800 567 015

Including 18250 18450 200 89 80 027And 18850 19050 200 101 014

S15-shy‐027 266 -shy‐48 266 19400 19600 200 251

S15-shy‐028 270 -shy‐50 254 500 4900 4400 112Including 1100 1300 200 254

And 3500 3650 150 12216600 16700 100 87919800 20400 600 555 54

S15-shy‐029 266 -shy‐45 219 14740 14900 160 411 01120500 20700 200 735 5910

S15-shy‐030 270 -shy‐45 265 21450 21550 100 587 252024700 24900 200 213

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022Including 2900 3100 200 256 013

And 9300 9700 400 271 58 021And 10900 11100 200 283 013And 13500 13600 100 829 67 011And 19300 19500 200 473 145 032And 21700 21835 135 582 228 435

S15-shy‐032 270 -shy‐45 2943

S15-shy‐033 270 -shy‐45 117

S15-shy‐034 270 -shy‐57 196

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 513 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐035 265 -shy‐45 2425 2900 3100 200 25515900 16100 200 27816750 16900 150 670 713 08423020 23130 110 648 741

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008Including 14215 14675 460 180 75

S15-shy‐037 265 -shy‐45 220 3700 4100 400 315 5416900 17100 200 224 011

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010Including 1000 1200 200 334

And 11400 12400 1000 184 82 018

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017Including 1700 6100 4400 140 68 017Including 3100 3300 200 626 014

S15-shy‐040 265 -shy‐45 299 16900 18300 1400 190Including 16900 17000 100 704 77

And 17400 17510 110 582 10820570 20780 210 446 126 02323280 23930 650 13623280 23350 070 530 259 041

S15-shy‐041 265 -shy‐50 214 8500 8700 200 586 7814570 15500 930 395

Including 14570 14700 130 186And 15300 15500 200 427

19050 19200 150 995 53321300 21400 100 592 61

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005Including 2500 4200 1700 179Including 2500 2700 200 683 53

Page13 613 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 11330 11500 170 96716500 17600 1100 310

Including 16710 16930 220 55619200 19800 600 544 11119600 19800 200 102 29020700 20850 150 456

S15-shy‐043 265 -shy‐45 362 19700 20100 400 2424Including 19900 20100 200 448

21060 22200 1140 1673Including 21600 21800 200 818 56

23000 23400 400 2659Including 23000 23200 200 465

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 40 014Including 5700 5900 200 662 68 027

And 14100 14300 200 327 54 01320200 24973 4773 049 30 013

S15-shy‐045 265 -shy‐45 275 18500 18700 200 21321700 21900 200 235

S15-shy‐046 265 -shy‐45 266 4000 4400 400 30615900 16100 200 41919200 19600 400 1697 100

Including 19400 19600 200 298 150 015

S15-shy‐047 265 -shy‐45 320 12200 12400 200 23325495 25635 140 154 210 011

S15-shy‐048 265 -shy‐55 1498

S15-shy‐049 265 -shy‐45 269 12500 12700 200 23118500 19300 800 536

Including 18700 18900 200 12021100 22500 1400 782 011

Including 21500 21700 200 350 79 022

Abandoned13 Before13 Zone13 -shy‐13 No13 Significant13 Values

Page13 713 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 23500 23700 200 75624300 24500 200 590

S15-shy‐050 265 -shy‐50 338 28800 29000 200 983

S15-shy‐051 265 -shy‐50 385 2800 3000 200 2229030 9250 220 20721950 22150 200 286 117 01323750 23950 200 222

S15-shy‐052 265 -shy‐46 365 22575 22800 225 22029650 29800 150 451

S15-shy‐053 256 -shy‐46 341

S15-shy‐054 252 -shy‐45 256

S15-shy‐055 265 -shy‐45 3813 20000 20600 600 309Including 20460 20600 140 827

28650 28750 100 2310

S15-shy‐056 265 -shy‐50 365 25600 25800 200 22531300 31500 200 47635900 36000 100 267

S15-shy‐057 265 -shy‐46 395 21700 21900 200 236 37130200 30400 200 25132800 33000 200 832 127 038

S15-shy‐058 265 -shy‐45 212

S15-shy‐059 265 -shy‐65 21430

S15-shy‐060 265 -shy‐45 422 20700 21300 600 327Including 21100 21300 200 589

25200 27000 1800 613 008Including 25800 25900 100 110 010

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 813 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 And 26400 26500 100 300 52 006And 26830 27000 170 306 019

30400 30600 200 210

S15-shy‐061 265 -shy‐45 317 18000 18200 200 33518800 19000 200 23422400 30000 7600 113 24 006

including 22400 22600 200 208And 24600 24800 200 247And 26400 28200 1800 269

Including 26400 26600 200 578 63And 28000 28200 200 1190

29800 30000 200 206 84

S15-shy‐062 263 -shy‐45 740

S15-shy‐063 265 -shy‐45 4472 21930 22130 200 485 642 05323600 23800 200 27328400 28600 200 40539800 41800 2000 187

Including 39600 40400 800 404Including 40200 40400 200 875

41800 42000 200 289

S15-shy‐064 265 -shy‐45 473 19100 19300 200 325 106033600 33800 200 575

S15-shy‐06513 (Boundary)

265 -shy‐45 265 2800 3000 200 332

12686 12800 114 1050

S15-shy‐06613 13 13 13 (30013 Colour)

70 -shy‐50 182 3200 3400 200 464

S15-shy‐067 270 -shy‐50 404

No13 Significant13 Values

No13 Significant13 Values

Page13 913 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐06813 13 13 13

(30013 Colour)50 -shy‐50 242 5000 10200 5200 115

Including 5200 6800 1600 18713200 13400 200 231

S15-shy‐069 270 -shy‐45 470 5600 5810 210 293 1016400 6600 200 26629865 30005 140 594 7942000 42200 200 253 01042580 42680 100 1020 1170 024

S15-shy‐070 270 -shy‐46 449 33600 33800 200 46039340 39600 260 1018 660 02141110 41200 090 804 011

NotesAll13 values13 are13 un-shy‐cutTrue13 width13 is13 estimated13 to13 be13 5513 to13 7013 of13 down13 hole13 intervalAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

Porphyry13 Au-shy‐Ag-shy‐Cu13 Intervals13 for13 201513 Spectrum13 holes

DDH13 Azimuth DipTotal13

Depth13 (m)From13 (m) To13 (m)

Interval13 (m)

Au13 gt13 (uncut) Ag13 gt Cu13

S15-shy‐011 270 -shy‐45 2235 300 20600 20300 097 33 012

S15-shy‐012 270 -shy‐55 251 250 23800 23550 141 42 007

S15-shy‐013 270 -shy‐45 200 300 19800 19500 075 39 015

S15-shy‐014 270 -shy‐58 2175 300 21200 20900 122 48 017

S15-shy‐016 270 -shy‐48 179 1130 17600 16470 090 41 014

S15-shy‐023 270 -shy‐45 225 430 21000 20570 047 28 009

S15-shy‐024 270 -shy‐60 244 300 19264 18964 088 26 006

S15-shy‐025 270 -shy‐45 181 1100 16600 15500 074 16 005

S15-shy‐026 270 -shy‐45 260 12050 22095 10045 092 22 006

S15-shy‐028 270 -shy‐50 254 500 22900 22400 061 29 007

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 402 014And 20200 24973 4773 049 302 013

All13 values13 are13 un-shy‐cutAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

sup3

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sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3

$1

$1

$1

$1

$1

$1

$1$1

$1

$1

$1

$1 $1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1 $1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1$1

$1

$1

$1

$1

$1$1

$1$1$1

$1$1

$1

$1

$1

$1

$1

$1

$1

$1

$1$1

$1 $1

$1

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$1

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$1

$1

$1$1

$1

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$1

$1

$1

$1

$1

$1

$1$1

$1

$1

$1

$1

$1

$1

$1

$1$1

$1$1

$1

$1$1

$1

$1

$1

$1

$1

$1$1

$1

$1

$1$1

$1

$1

$1

$1 $1

$1

$1

$1

$1$1

$1

$1

$1

$1

$1

$1

$1

$1

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$1

$1

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$1

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$1$1

$1$1

$1

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$1

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$1

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$1

$1

$1

$1

$1

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$1

$1

$1

$1

$1$1

$1 $1$1

$1

$1

1600 m

S15-037

S15-035S15-029

S15-027

S15-026

S15-025

S15-032S15-030

S15-039S15-022S15-024

S15-040

S15-036S15-034 S15-060

S15-031

S15-028S15-041

S15-043

S15-049

S-4S-3

S-2

S15-038

4850N

4890N

5035N

5010N

5195N

S15-047

S15-044 S15-046

S15-050

S15-042

S15-048

S15-045

S15-052

S15-051

4975N

5150N

5235N

5095N

4810N

4750N

4700N

4930N

5285N

S91-82

14-SP-009

S91-83

S91-73

S91-66

S89-34

S91-71

S80-21

S91-70

S91-85

S91-78

S91-86

S90-46

S91-74

S80-13

14-SP-001

14-SP-004

S80-14

S91-81

14-SP-007

S91-68

S91-79

S91-63

S91-84

S90-51

S89-35

14-SP-006S90-59

S80-11

S90-52

S90-49

S90-54

S92-90

S80-12

S90-55

S91-80

S89-37

S79-08

S80-22

S90-56

S90-44

S79-06

S91-64

S90-50

S90-45

S90-58

S90-60

S90-43

S91-75

S92-92

S92-91

S89-36

S80-17

S90-61

S-1

S89-41

14-SP-005

S80-20

S90-47

14-SP-002

14-SP-008

S79-03

S80-26

S80-24

S80-18

S89-33

S80-28

S80-15

S79-02

S79-10

S90-62S91-67

S79-01

S90-57

S79-05

S80-27

S80-25

S79-07

S80-19

S79-04

S79-09

S90-48

S91-65

S91-69

S91-72S91-76

S91-77

14-SP-003

S80-16

S90-53

S89-39

S15-015

S15-010

S15-012

S15-017

S15-016

S15-011

S15-013S15-014

S15-018

S15-019

S15-020

S15-023

S15-056

S15-053

S15-054

S15-058

S15-064

S15-055

S15-057

S15-059

S15-033

S15-061

S15-063

S15-064

S15-062

S15-065S15-066

S15-068

S15-067S15-070

S15-069S15-021

Mt Edziza FlowsMt Edziza Flows

Stuhini VolcanicsStuhini Volcanics

Stuhini VolcanicsStuhini Volcanics

1500 m

1700 m

410800

410800

411000

411000

411200

411200

411400

411400

411600

411600

411800

411800

6394

600

6394

600

6394

800

6394

800

6395

000

6395

000

6395

200

6395

200

0 50 100 15025

Meters

sup3

500 Colour Zone

Central Zone(Porphyry and QC Structures)

O P E N

O P E N

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Exploration Trail

Cross Section Line

Monzonite

sup3$1 2015 Drill Hole (Complete)

sup3 2015 Drill Hole (In Progress)$1

sup3 2014 Drill Hole

sup3 Historic Drill Hole

$1

$1

Road Zone

Spectrum GoldDiamond Drill Hole Plan Map

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 0020

Date - 2012610 5Drawn By - CSG

TSX-V SKE

O P E N

Boundary Zone

O P E N

O P E N

O P E NO P E N

O P E N

300 Colour Zone

O P E N

O P E N

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410800 E

410850 E

410850 E

410900 E

410900 E

410950 E

410950 E

6395200 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m 1600 m

1650 m 1650 m

1700 m 1700 m

2m 464 gt Au

100 m

S15-066

S15-066

TSXV SKE

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410820 E

410840 E

410860 E

410880 E

410880 E

410900 E

410900 E

410920 E

410920 E

410940 E

410940 E

410960 E

410960 E

410980 E

410980 E

6395080 N

6395100 N

6395120 N

6395140 N

6395140 N

6395160 N

6395160 N

6395180 N

6395180 N

6395200 N

6395200 N

6395220 N

6395220 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m

1650 m 1650 m

1700 m 1700 m

559

294552

m 115 gt Au

2m 231 gt Au

100 m

S15-068

S15-068

S89-37

S89-3

7

S90-43

S90-43

100 m

S90-44

S90-44

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4610N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Monzonite (Lower)

100 m

200 m

S15-058

S15-058

(NSV)

100 m

200 m

S15-059

S15-059(NSV)

S90-49

100 m

S90-49

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4645N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-054

S15-054

(NSV)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4700N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

100 m

300 m

S15-043

S15-043

100 m

200 m

300 m

S90-50

100 m

S90-50

300 m

200 m

100 m

S15-061

S15-061

S15-063

S15-063

101m 072 gt Au

137m 112 gt Au

4m 2424 gt AuIncluding2m 448 gt Au

114m 1673 gt AuIncluding2m 818 gt Au

4m 2659 gt AuIncluding2m 465 gt Au2m 668 gt Au

2m

335 gt Au

2m 234 gt Au

2m 208 gt Au

2m 247 gt Au

18m 269 gt Au

2m 206 gt Au

2m 485 gt Au

2m 273 gt Au

2m 405 gt A

uIncluding2m 578 gt Au

2m 119 gt Au

2m 289 gt A

u

8m 404 gt AuIncluding

2m 875 gt Au

4480

8180

4650668

578

1190

875

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-009

14-SP-009

100 m

200 m

S15-010

S15-010

100 m

200 m

S15-013

S15-013

100 m

200 m

S15-014

S15-014

100 m

200 m

300 m

400 m

S15-045

S15-045

300 m

100 m

S79-02

S79-02

100 m

S80-18

S80-18

100 m

S89-34

S89-34

100 m

200 m

S15-055

S15-055

100 m

200 m

300 m

400 m

S15-064

S15-064

17m

419 gt Au

2m 292 gt Au

198m 134 gt Au

212m 224 gt Au

17m 1783 gt Au

141m 028 gt Au

31m

02 gt Au

127m 126 gt AuIncluding13m 338 gt Au2m 222 gt Au2m 227 gt Au2m 290 gt Au10m 23 gt Au

1695m 495 gt AuIncluding7m of 795 gt Au

33m 184 gt AuIncluding15m 475 gt Au

36m 164 gt AuIncluding2m 221 gt Au

2m 168 gt Au

2m 107 gt Au

4m 1367 gt Au

2m 179 gt Au

2m 10 gt Au

1m 111 gt Au

2m 2545 gt Au

6m 312 gt Au

2m 213 gt Au

175m 117 gt Au

2m 281 gt Au

14m 159 gt Au

19m 544 gt Au

415m 214 gt Au

4m 318 gt Au

2m 243 gt Au

5m 225 gt Au

4m 16 gt Au

2m 213 gt Au

2m 235 gt Au

14m 827 gt Au

6m 309 gt AuIncluding

1m 231 gt Au

2m 325 gt Au

2m 575 gt A

u

5252210

10001110

25450

9282210

1590

960

12101240

2130

1170

827

2310

575

1460

607

2256

614

1783

934

(Looking North)

Spectrum Gold Project - Section 4750N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

536

843

979

856

212

265328

240

205334

383

233

354203

950

271

247

345211

439

2983780

223

204

4980

287285

641774

238

918

207

296224

247214

223

398

799

353

219

226288

254

219

562

247

233

785

298

291

1196675

273

683

967

556

6021020

231

495

1200

390

220

3500

684447

356

756

590

324

220

451

832

645

1390

804

6m 786 gt Au

16m 856 gt Au

738m 179 gt Au

38m 128 gt Au

6m 207 gt Au

4m 286 gt Au

4m 708 gt Au

40m 131 gt Au

425m 136 gt Au

799m 156 gt Au

1247m 084 gt Au

61m 162 gt AuIncluding2m 238 gt Au4m 562 gt Au6m 199 gt Au2m 247 gt Au2m 214 gt Au

36m 104 gt AuIncluding5m 2 gt Au2m 228 gt Au135m 24 gt Au

12m 362 gt AuIncluding2m 95 gt Au

184m 64 gt AuIncluding39m 2527 gt AuAlso Including19m 50 gt Au

17m 18 gt AuIncluding20m 683 gt Au30m 245 gt Au

17m 967 gt Au

11m 31 gt AuIncluding22m 556 gt Au

6m 544 gt AuIncluding2m 102 gt Au

15m 456 gt Au

66m 1059 gt AuIncluding14m 378 gt Au

2m

231 gt Au

8m 536 gt AuIncluding2m 12 gt Au

14m 782 gt AuIncluding2m 35 gt Au

2m

756 gt Au

2m

59 gt A

u

225m

22 gt Au

15m

451 gt Au

2m 236 gt Au

2m 251 gt Au

2m 832 gt Au

2m 46 gt Au

26m 1018 gt Au

09m 804 gt Au

200 m

S15-011

S15-011

S15-012

S15-012

100 m

S15-016

S15-016

100 m

200 m

300 m

S15-042

S15-042

100 m

S15-048

S15-048(NSV)

100 m

200 m

S15-049

S15-049

100 m

200 m

300 m

S15-052

S15-052

100 m

200 m

300 m

S15-057

S15-057

100 m

S79-01

S79-01

S79-03

S80-19

S80-19

100 m

S92-92

S92-92

S15-070

100 m

200 m

300 m

400 m

S15-07

0

(Looking North)

Spectrum Gold Project - Section 4810N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

294

288

883613587

228

379

7450

504

254

1220

879

222

207

286

222

229

706

315

312

291

607

363

315

459

2670

594

2m 294 gt Au

2m 288 gt Au

2615m 821 gt AuIncluding915m 473 gt AuAlso Including215m 88 gt Au15m 61 gt Au2m 59 gt Au35m 442 gt AuAlso Including2m 745 gt Au

44m 112 gt AuIncluding2m 254 gt Au15m 122 gt Au

1m 879 gt Au

137m 064 gt Au

14m 262 gt Au

6m 204 gt Au

87m 286 gt Au

8m 218 gt Au

55m 344 gt Au

6m 555 gt Au

20m

222 gt Au

22m 207 gt Au

2m 286 gt A

u2m 222 gt A

u

2m 225 gt Au

2m 476 gt Au

1m 267 gt Au

11m 282 gt A

u

21m 293 gt Au

2m 266 gt Au

14m 594 gt Au

200 m

S15-015

S15-015

S15-021

S15-021

100 m

S15-028

100 m

200 m

300 m

S15-051

S15-051

100 m

200 m

300 m

S15-056

S15-056

S15-062

(NSV)

300 m

400 m

500 m

S15-062(Cont on 4890N)

S80-23

100 m

S80-23100 m

S80-26

S80-2

6100 m

S80-27

S80-27

S90-48

S90-48

S15-028

100 m

200 m

300 m

400 m

S15-067

S15-067

S15-069

100 m

200 m

400 m

S15-069

(Cont on 4890N)

(Looking North)

Spectrum Gold Project - Section 4850N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

41

11

00

E4

11

10

0 E

41

11

50

E4

11

15

0 E

41

12

00

E4

11

20

0 E

41

12

50

E4

11

25

0 E

41

13

00

E4

11

30

0 E

41

13

50

E4

11

35

0 E

41

14

00

E

41

14

50

E

41

15

00

E4

11

50

0 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

243

316

295

266697256

272359

879

925690

256

274

268

283

829

207

473

582

586

1860427

995

592

983

8090

288

240

405

1587

442

405

261

208

1020

12m 154 gt AuIncluding2m 243 gt Au4m 306 gt Au

21m

09 gt Au

135m 278 gt AuIncluding2m 697 gt Au

1m 879 gt Au

6m 555 gt Au

2m 256 gt Au

4m 271 gt Au

2m 283 gt Au

1m 829 gt Au

2m 473 gt Au

135m 582 gt Au

2m 586 gt Au

93m 395 gt AuIncluding13m 186 gt Au2m 427 gt Au

15m 995 gt Au1m 592 gt Au

23m 809 gt Au

9m 173 gt Au

122m 157 gt Au

85m 123 gt Au

47m 279 gt Au

19m 39 gt Au

144m 117 gt Au

2m 983 gt A

u

2m 253 gt A

u

1m 102 gt A

u

100 m

200 m

S15-019

S15-019

S15-028

S15-028

100 m

200 m

S15-031

S15-031

100 m

200 m

S15-041

S15-041

100 m

200 m

300 m

S15-050

S15-050

100 m

200 m

300 m

S15-053

S15-053

S15-062

(Cont from

4850N)

600 m

S15-062(NSV)

S79-04S79-05

S79-05

S79-06

S79-06

S79-07

S79-08

S79-08

S80-23

S80-23

S80-28

S80-28

100 m

S89-35

S89-35

100 m

S92-91

S92-91

S1

5-0

69

(Co

nt fro

m 4

85

0N)

400

m

S1

5-0

69

(Looking North)

Spectrum Gold Project - Section 4890N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

500 Colour Zone

Central Zone(Porphyry and QC structures)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure

MAIN amp NORTH DONNELLY ZONES - MEASURED PLUS INDICATED RESOURCE

Cut-off

(Cu )

Tonnes gt Cut-off

(tonnes)

Grade gt Cut-off

Contained Metal

Cu ()

Au (gt)

Million lbs Cu

Million ozs Au

015

183970000

028

032

113583

1899

020

133670000

032

036

94023

1560

025

90170000

037

041

72571

1183

030

60690000

041

045

54867

0880

035

39400000

046

050

39790

0628

040

25880000

050

054

28647

0448

045

16150000

055

059

19586

0307

050

9510000

060

066

12666

0202

MAIN amp NORTH DONNELLY ZONES - INFERRED RESOURCE

Cut-off

(Cu )

Tonnes gt Cut-off

(tonnes)

Grade gt Cut-off

Contained Metal

Cu ()

Au (gt)

Million lbs Cu

Million ozs Au

015

100190000

022

028

49044

0912

020

53690000

026

033

31254

0570

025

29510000

030

036

19391

0344

030

11590000

034

041

8587

0151

035

2870000

038

046

2424

0042

040

510000

046

046

517

0008

045

240000

051

049

269

0004

050

110000

056

058

135

0002

Page 2:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

To establish multi-million ounce gold deposits with attractive economic characteristics and advance them

through permitting and feasibility

wwwskeenaresourcescom 3

Corporate Goal

Synergy Spectrum and GJ Projectsgt Located in the prolific Golden Triangle of northwestern BC close to

roads and grid power

gt Spectrum is a historic high-grade multi-zone Au project and is open to depth and on strike Expanded by 17350 m drilling in 61 holes in 2015

gt Intercepts include 1063 gt Au over 27 m 2545 gt Au(743 ozton) over 20 m 821 gt Au over 2615 m including 745 gt Au over 20 m and 385 gt Au over 29 m

gt Updated 43-101 resource estimate planned in Q1 2016

gt GJ was acquired in October 2015 and has a bulk-tonnage porphyry Cu-Au resource plus numerous other porphyry Cu-Au and high-grade Au prospects

gt Updated independent 43-101 resource estimate released January 16 2016

wwwskeenaresourcescom 4

Location Access and Infrastructure

wwwskeenaresourcescom 1

North Donnelly amp Donnelly (Skeena)MampI 1337 mt 032 Cu amp 036 gt AuInferred 537 mt )26 amp 033 gt Au

6

GJ Copper-Gold Project

wwwskeenaresourcescom 7

gt Option to earn 100 interest from Teck and NGEx

gt 38374 Ha property 25 km from Red Chris which has similar geology and grades

gt Excellent access and infrastructure including grid power

gt Long term call option on copper and gold prices

gt The Donnelly porphyry deposits have an updated independent 43-101 Resource Estimate of 940 million lbs Cu and 156 million oz Au in the Measured and Indicated categories and 3125 million lbs Cu and 057 million oz Au in the Inferred category

gt Potential for expansion of Donnelly deposits to west and at depth

gt GJ also includes high-grade Au-Ag prospects similar to SpectrumSee page 8 and Skeena News Release of January 14 2016 for details of the resource estimate Mineral resources that are not mineral reserves do not have demonstrated economic viability Mineral resource estimates do not account for mineability selectivity mining loss and dilution These mineral resource estimates include inferred mineral resources that are normally considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves There is also no certainty that these inferred mineral resources will be converted to measured and indicated categories through further drilling or into mineral reserves once economic considerations are applied

Donnelly Deposits - Updated 43-101 Resource

wwwskeenaresourcescom 8

By Gary HGiroux MASc PEngFor details see January 14 2016 Skeena news release

Spectrum Goldgt 100 ownership interestgt High-grade gold zones occur within a broader halo of porphyry-style gold-

copper mineralization

gt Host is Triassic Stuhini Group volcanics amp sediments at the contact of aTriassic-Jurassic porphyry intrusion

gt High-grade gold is related to steeply dipping panels of stockwork quartz-carbonate-sulphide veinlet extending over 650 metres of strike

gt Mineralization remains open along strike and at depth appears related tohydrothermal fluids associated with the porphyry intrusion

gt Its characteristics are consistent with the upper portion of an alkaliporphyry-style Cu-Au deposit similar to other important deposits in theStikine

wwwskeenaresourcescom 9

Geology and Mineralized Zones

wwwskeenaresourcescom 10

Tovia Orange

Summary of Mineralized Zones

wwwskeenaresourcescom 11

Name Description

Central Zone

QC Structure North-striking zone of fractured silicified volcanic rocks 30 to 70 m east of the monzonite dyke containing 2 main parallel high grade gold-bearing structures that pinch and swell along a strike length of 650 m Best drill intercept of 3176 gt Au over 60 m

Porphyry Structure Parallel to QC zone lies 0-30m east of monzonite dyke Contains two high-grade gold zones of variable width and grade within a shell of lower-grade disseminated Cu-Au mineralization 2014 drill intercepts include 106 gt Au over 270 m

500 Colour Zone Northwest-striking branch of QC-Porphyry zones related to monzonitic dyke swarm Drilled for 450 m strike length with erratic gold intercepts Best drill intercept 2545 gt Au Over 20 m

33 Zone Easterly trending splay from main monzonite dyke intersected in one drill hole (8 m 11 gt Au)

300 Colour Zone One drill hole yielded 21 m 559 gt Au and 04 m 2945 gt Au

Boundary Zone Anomalous gold in propylitic altered volcanic drill intercept of 072 gt (0021 ozton) over 103 m

4440 Zone Defined at surface only no drilling 79 gt Au over 07 m surface channel sample

Skarn (Malachite) Showing Along southwest-trending splay of Monzonite dyke Surface channel sample 20 m long returned 29 gt Au and 05 Cu

West Creek Showing Gold-copper soil anomaly no drilling Surface channel sample 10 Cu 31 gt Au 3771 gt (110 ozton) Au over 415 m

GR Showing Gold-copper soil anomaly no drilling Rock grab samples to 3428 gt Au (100 ozton)

East Creek Zone North-trending 5 m wide silicified zone traced at surface for 600m strike length High grade gold with pyrite arsenopyrite chalcopyrite and sphalerite Drill intercept of 26 m 3445 gt Au trench sample 26 m 584 gt Au

Hawk Vein North-trending traced for 200m strike underground Best gold grades Surface 2914 gt Au (085 ozton) over 035 m Adit 668 gt Au (0195 ozton) over 10 m

ozshort ton converted to gramstonne using the conversion factor 10 ozton = 3428 gtonne

Spectrum Free Gold in Drill Coregt Visible gold has been identified in about 40 of the holes logged to date

in 2015

wwwskeenaresourcescom 12

Metallurgy ndash Gravity and Cyanide A bench-scale metallurgical test was conducted on 2014 drill core obtained from throughout two of the mineralized zones The work was performed by Saskatchewan Research Council under the supervision of Michael Yakimchuk P Eng (see news release of May 12 2015)

wwwskeenaresourcescom 13

QC Structure

gtThe composite head-feed sample was calculated to be 1396 gt Au as compared tothe weighted average of 1350 gt for the individual drill core sample assays

gtA gravity recovery test yielded gold recovery of 564

gtAn overall gold recovery of 988 was obtained when both gravity and subsequentcyanide leaching of the gravity tails were performed

Porphyry Structure

gtThe composite head feed sample was calculated to be 876 gt Au as compared to theweighted average of 1055 gt for the individual drill core samples

gtA gravity recovery test yielded gold recovery of 246

gtAn overall gold recovery of 916 when both gravity and subsequent cyanide leachingof the gravity tails were performed

Metallurgy ndash Flotation StudiesBench scale test work completed at SRC under the direction of Michael YakimchukP Eng has shown that the mineralized rock also returns high gold recovery when using a flotation process (see news release of July 20 2015)

gt Samples from the QC structures in the Central zone were upgraded by flotation from a composite head grade of 944 to over 22 gt Au with an average overall recovery of 85 with multiple tests yielding gold recoveries over 95

gt Samples from the Porphyry structures in the Central zone were upgraded from a composite head grade 969 gt to an average of over 364 gt with average overall recovery of 928 and multiple tests yielding gold recoveries over 95

Conclusion the positive results from each of gravity cyanidation and flotation tests demonstrate there is flexibility for future mineral processing of the mineralization Additional test work is planned after the 2015 field season

wwwskeenaresourcescom 14

Management and Share StructureDirectors amp Management

Ron Netolitzky MSc Chairman Director

Walt Coles Jr President amp CEO Director

Rupert Allan PGeol Vice President of Exploration Director

Michael Cathro MSc PGeo Vice President of Operations

Peter Tredger MBA PEng Director

Karen Allan CMA CFOCorporate Secretary

Share Structure (as at Nov 9 2015)

Shares Outstanding 325401172

Options ($010 strike price)

Warrants ($010 strike price)

Fully Diluted

Working Capital

14700000

40397000

380498172

$4 million

Includes 76663517 common shares in escrow

wwwskeenaresourcescom 15

The ExpertiseSkeenarsquos Board and Management has considerable exploration and development experience in northwestern British Columbia

Ron Netolitzky was one of the primary developers behind the Snip Mine that Cominco placed into production and Eskay Creek which was developed by Homestake and Barrick For these achievements amongst numerous other international accomplishments Mr Netolitzky received the Prospector of the Year award from the PDAC and Developer of the Year award from the BC amp Yukon Chamber of Mines Ron was also inducted into the Canadian Mining Hall of Fame in 2015

Peter Tredger was one of the developers of the Golden Bear mine as well as being intimately involved with the merger of Blue Pearl Resources and the expansion of the Thompson Creek Metals portfolio

Rupert Allan P Geol is a consulting geologist with 45 yearsrsquo experience in base and precious metals exploration throughout Canada and internationally He has worked extensively in northwest British Columbia and was instrumental in the permitting and development of the Brewery Creek heap leach gold mine in the Yukon

Michael Cathro P Geo is a registered professional geoscientist in British Columbia and holds a BSc from Queens University and a MSc from the Colorado School of Mines Mr Cathros 35-year career has included work as an exploration geologist on gold and base-metal projects in Canada and overseas and 17 years in technical and management roles with the BC Ministry of Energy Mines and Petroleum Resources

wwwskeenaresourcescom 16

Past SuccessesSpectrumrsquos Past Exploration Development Success Ratio

gt 243600 historical oz of Au from 11902 m of historical drilling

gt 205 oz Au discovered for every metre drilled

gt Assuming $250 per metre drilling cost = $1220 per oz Au discovery cost

Historic mines in NW British Columbia where Netolitzky was the driving forcebehind their development

gt Snip Gold Minersaquo 1 million oz Au produced at 25 gt

gt Eskay Creek Minersaquo 327 million oz Au produced at 49 gtrsaquo 158 million oz Ag produced at 2406 gt

wwwskeenaresourcescom 17

Past performance should not be construed to mean future drill results and exploration development success will be guaranteedThis estimate precedes NI 43-101 and is not to be relied upon This estimate is not current and a Qualified Person has not done sufficient work toclassify the historical estimate and Skeena is not treating the historical estimate as a current resource

Contact Information

wwwskeenaresourcescom 18

Tony PerriManager Investor Relations

tperriskeenaresourcescomTel +16046848725Dir +16045587681Fax +16045587695

Skeena Resources LimitedSuite 650 ndash 1021 West Hastings StreetVancouver British Columbia Canada

V6E 0C3

wwwskeenaresourcescomTSX Venture Exchange SKE

Appendix

Figures from 2015 Spectrum Drill Program

gt Table of Intersectionsgt Drill plangt Cross-sectionsgt Gold in soil maps

wwwskeenaresourcescom 19

Page13 113 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐010 270 -shy‐52 278 340 700 360 164including 500 700 200 221

9430 9600 170 41914500 14700 200 292 01119900 20040 140 159

S15-shy‐011 270 -shy‐45 2235 600 1200 600 7862000 2160 160 8564800 8400 3600 104 30 010

including 5000 5500 500 200and 6200 6400 200 328 011and 7100 7235 135 240 136 062

11000 11738 738 179 56 01313000 14200 1200 362 52 016

including 14000 14200 200 95 90 024

S15-shy‐012 270 -shy‐55 251 3500 7300 3800 12810200 10860 660 1059 31 019

including 10550 10690 140 37814000 14600 600 207 15019760 21600 1840 640 88

including 19760 20150 390 2527 595 033including 19960 20150 190 498 1180 063

21200 21600 400 286 8823400 23800 400 708 175 012

S15-shy‐013 270 -shy‐45 200 300 13000 12700 126 52 015including 2000 3300 1300 338 77 024

and 2720 2940 220 96 115 036and 3100 3300 200 450 138 031and 4800 5000 200 222and 7800 8000 200 227 59 016and 10800 11000 200 290 011and 12000 13000 1000 230 53 014

S15-shy‐014 270 -shy‐58 2175 300 700 400 3181900 2100 200 243

Page13 213 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 3000 3500 500 225 0225100 5500 400 160 0247700 9395 1695 495 205 070

including 8300 9000 700 795 355 09315300 15500 200 213 6317100 17275 175 11720800 21000 200 281 72 011

S15-shy‐015 270 -shy‐50 259 2800 3000 200 2943800 4000 200 28816385 19000 2615 821

Including 16385 17300 915 473And 16385 16600 215 883And 16750 16900 150 613And 17100 17300 200 587And 18050 18400 350 442 75

Including 18200 18400 200 745 85

S15-shy‐016 270 -shy‐48 179 3400 9500 6100 162 014Including 3400 3600 200 238

And 4800 5200 400 563 96 022Including 4800 5000 200 918 110 022

And 6500 7100 600 199 012And 8700 8900 200 247 011And 9300 9500 200 214 55 014

S15-shy‐017 270 -shy‐55 193 10315 10400 085 979 430012800 13600 800 1046 83

including 12800 13030 230 3333 267 01315740 16100 360 116818000 18275 275 279 54 010

S15-shy‐018 270 -shy‐45 302 13900 14130 230 11118300 18500 200 613 01022100 22700 600 544 234

Including 22500 22700 200 132 63825100 25300 200 237

Page13 313 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐019 270 -shy‐50 215 1900 3100 1200 155including 1900 2100 200 243

And 2700 3100 400 3069600 11700 2100 090 01015900 17250 1350 278

Including 16300 16500 200 697

S15-shy‐020 270 -shy‐45 258 23600 23800 200 251

S15-shy‐021 270 -shy‐50 605 Hole13 abandonded13 in13 fault13 Poor13 recovery13 No13 significant13 values

S15-shy‐022 270 -shy‐50 254 15000 15200 200 78616800 17000 200 13517410 18900 1490 897

Including 17410 17700 290 3851 54Including 17410 17562 152 347

And 17562 17700 138 427 81

S15-shy‐023 270 -shy‐45 225 6000 8590 2590 077 011Including 8000 8200 200 458 012

16500 16700 200 243 01019300 19660 360 561 103

Including 19300 19460 160 917 13520800 21000 200 211 85

S15-shy‐024 270 -shy‐60 244 3200 3400 200 2937600 8000 400 35913625 13716 091 641 24017020 17220 200 314 5118300 19264 964 681 207 009

Including 18700 18870 170 141 204 014

S15-shy‐025 270 -shy‐45 181 1100 1300 200 3144100 4900 800 414

Including 4100 4215 115 172 98 01511100 13400 2300 143

Page13 413 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 Including 11100 11300 200 276

And 12800 13000 200 531

S15-shy‐026 270 -shy‐45 260 800 1000 200 477 12212250 12450 200 22414870 15270 400 31218250 19050 800 567 015

Including 18250 18450 200 89 80 027And 18850 19050 200 101 014

S15-shy‐027 266 -shy‐48 266 19400 19600 200 251

S15-shy‐028 270 -shy‐50 254 500 4900 4400 112Including 1100 1300 200 254

And 3500 3650 150 12216600 16700 100 87919800 20400 600 555 54

S15-shy‐029 266 -shy‐45 219 14740 14900 160 411 01120500 20700 200 735 5910

S15-shy‐030 270 -shy‐45 265 21450 21550 100 587 252024700 24900 200 213

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022Including 2900 3100 200 256 013

And 9300 9700 400 271 58 021And 10900 11100 200 283 013And 13500 13600 100 829 67 011And 19300 19500 200 473 145 032And 21700 21835 135 582 228 435

S15-shy‐032 270 -shy‐45 2943

S15-shy‐033 270 -shy‐45 117

S15-shy‐034 270 -shy‐57 196

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 513 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐035 265 -shy‐45 2425 2900 3100 200 25515900 16100 200 27816750 16900 150 670 713 08423020 23130 110 648 741

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008Including 14215 14675 460 180 75

S15-shy‐037 265 -shy‐45 220 3700 4100 400 315 5416900 17100 200 224 011

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010Including 1000 1200 200 334

And 11400 12400 1000 184 82 018

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017Including 1700 6100 4400 140 68 017Including 3100 3300 200 626 014

S15-shy‐040 265 -shy‐45 299 16900 18300 1400 190Including 16900 17000 100 704 77

And 17400 17510 110 582 10820570 20780 210 446 126 02323280 23930 650 13623280 23350 070 530 259 041

S15-shy‐041 265 -shy‐50 214 8500 8700 200 586 7814570 15500 930 395

Including 14570 14700 130 186And 15300 15500 200 427

19050 19200 150 995 53321300 21400 100 592 61

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005Including 2500 4200 1700 179Including 2500 2700 200 683 53

Page13 613 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 11330 11500 170 96716500 17600 1100 310

Including 16710 16930 220 55619200 19800 600 544 11119600 19800 200 102 29020700 20850 150 456

S15-shy‐043 265 -shy‐45 362 19700 20100 400 2424Including 19900 20100 200 448

21060 22200 1140 1673Including 21600 21800 200 818 56

23000 23400 400 2659Including 23000 23200 200 465

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 40 014Including 5700 5900 200 662 68 027

And 14100 14300 200 327 54 01320200 24973 4773 049 30 013

S15-shy‐045 265 -shy‐45 275 18500 18700 200 21321700 21900 200 235

S15-shy‐046 265 -shy‐45 266 4000 4400 400 30615900 16100 200 41919200 19600 400 1697 100

Including 19400 19600 200 298 150 015

S15-shy‐047 265 -shy‐45 320 12200 12400 200 23325495 25635 140 154 210 011

S15-shy‐048 265 -shy‐55 1498

S15-shy‐049 265 -shy‐45 269 12500 12700 200 23118500 19300 800 536

Including 18700 18900 200 12021100 22500 1400 782 011

Including 21500 21700 200 350 79 022

Abandoned13 Before13 Zone13 -shy‐13 No13 Significant13 Values

Page13 713 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 23500 23700 200 75624300 24500 200 590

S15-shy‐050 265 -shy‐50 338 28800 29000 200 983

S15-shy‐051 265 -shy‐50 385 2800 3000 200 2229030 9250 220 20721950 22150 200 286 117 01323750 23950 200 222

S15-shy‐052 265 -shy‐46 365 22575 22800 225 22029650 29800 150 451

S15-shy‐053 256 -shy‐46 341

S15-shy‐054 252 -shy‐45 256

S15-shy‐055 265 -shy‐45 3813 20000 20600 600 309Including 20460 20600 140 827

28650 28750 100 2310

S15-shy‐056 265 -shy‐50 365 25600 25800 200 22531300 31500 200 47635900 36000 100 267

S15-shy‐057 265 -shy‐46 395 21700 21900 200 236 37130200 30400 200 25132800 33000 200 832 127 038

S15-shy‐058 265 -shy‐45 212

S15-shy‐059 265 -shy‐65 21430

S15-shy‐060 265 -shy‐45 422 20700 21300 600 327Including 21100 21300 200 589

25200 27000 1800 613 008Including 25800 25900 100 110 010

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 813 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 And 26400 26500 100 300 52 006And 26830 27000 170 306 019

30400 30600 200 210

S15-shy‐061 265 -shy‐45 317 18000 18200 200 33518800 19000 200 23422400 30000 7600 113 24 006

including 22400 22600 200 208And 24600 24800 200 247And 26400 28200 1800 269

Including 26400 26600 200 578 63And 28000 28200 200 1190

29800 30000 200 206 84

S15-shy‐062 263 -shy‐45 740

S15-shy‐063 265 -shy‐45 4472 21930 22130 200 485 642 05323600 23800 200 27328400 28600 200 40539800 41800 2000 187

Including 39600 40400 800 404Including 40200 40400 200 875

41800 42000 200 289

S15-shy‐064 265 -shy‐45 473 19100 19300 200 325 106033600 33800 200 575

S15-shy‐06513 (Boundary)

265 -shy‐45 265 2800 3000 200 332

12686 12800 114 1050

S15-shy‐06613 13 13 13 (30013 Colour)

70 -shy‐50 182 3200 3400 200 464

S15-shy‐067 270 -shy‐50 404

No13 Significant13 Values

No13 Significant13 Values

Page13 913 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐06813 13 13 13

(30013 Colour)50 -shy‐50 242 5000 10200 5200 115

Including 5200 6800 1600 18713200 13400 200 231

S15-shy‐069 270 -shy‐45 470 5600 5810 210 293 1016400 6600 200 26629865 30005 140 594 7942000 42200 200 253 01042580 42680 100 1020 1170 024

S15-shy‐070 270 -shy‐46 449 33600 33800 200 46039340 39600 260 1018 660 02141110 41200 090 804 011

NotesAll13 values13 are13 un-shy‐cutTrue13 width13 is13 estimated13 to13 be13 5513 to13 7013 of13 down13 hole13 intervalAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

Porphyry13 Au-shy‐Ag-shy‐Cu13 Intervals13 for13 201513 Spectrum13 holes

DDH13 Azimuth DipTotal13

Depth13 (m)From13 (m) To13 (m)

Interval13 (m)

Au13 gt13 (uncut) Ag13 gt Cu13

S15-shy‐011 270 -shy‐45 2235 300 20600 20300 097 33 012

S15-shy‐012 270 -shy‐55 251 250 23800 23550 141 42 007

S15-shy‐013 270 -shy‐45 200 300 19800 19500 075 39 015

S15-shy‐014 270 -shy‐58 2175 300 21200 20900 122 48 017

S15-shy‐016 270 -shy‐48 179 1130 17600 16470 090 41 014

S15-shy‐023 270 -shy‐45 225 430 21000 20570 047 28 009

S15-shy‐024 270 -shy‐60 244 300 19264 18964 088 26 006

S15-shy‐025 270 -shy‐45 181 1100 16600 15500 074 16 005

S15-shy‐026 270 -shy‐45 260 12050 22095 10045 092 22 006

S15-shy‐028 270 -shy‐50 254 500 22900 22400 061 29 007

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 402 014And 20200 24973 4773 049 302 013

All13 values13 are13 un-shy‐cutAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

sup3

sup3

sup3sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3 sup3

sup3 sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3 sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3

$1

$1

$1

$1

$1

$1

$1$1

$1

$1

$1

$1 $1

$1

$1

$1

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$1$1

$1

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$1

$1

$1$1

$1

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$1

$1

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$1

$1$1

$1$1

$1

$1$1

$1

$1

$1

$1

$1

$1$1

$1

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$1$1

$1

$1

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$1 $1

$1

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$1$1

$1

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$1

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$1 $1$1

$1

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1600 m

S15-037

S15-035S15-029

S15-027

S15-026

S15-025

S15-032S15-030

S15-039S15-022S15-024

S15-040

S15-036S15-034 S15-060

S15-031

S15-028S15-041

S15-043

S15-049

S-4S-3

S-2

S15-038

4850N

4890N

5035N

5010N

5195N

S15-047

S15-044 S15-046

S15-050

S15-042

S15-048

S15-045

S15-052

S15-051

4975N

5150N

5235N

5095N

4810N

4750N

4700N

4930N

5285N

S91-82

14-SP-009

S91-83

S91-73

S91-66

S89-34

S91-71

S80-21

S91-70

S91-85

S91-78

S91-86

S90-46

S91-74

S80-13

14-SP-001

14-SP-004

S80-14

S91-81

14-SP-007

S91-68

S91-79

S91-63

S91-84

S90-51

S89-35

14-SP-006S90-59

S80-11

S90-52

S90-49

S90-54

S92-90

S80-12

S90-55

S91-80

S89-37

S79-08

S80-22

S90-56

S90-44

S79-06

S91-64

S90-50

S90-45

S90-58

S90-60

S90-43

S91-75

S92-92

S92-91

S89-36

S80-17

S90-61

S-1

S89-41

14-SP-005

S80-20

S90-47

14-SP-002

14-SP-008

S79-03

S80-26

S80-24

S80-18

S89-33

S80-28

S80-15

S79-02

S79-10

S90-62S91-67

S79-01

S90-57

S79-05

S80-27

S80-25

S79-07

S80-19

S79-04

S79-09

S90-48

S91-65

S91-69

S91-72S91-76

S91-77

14-SP-003

S80-16

S90-53

S89-39

S15-015

S15-010

S15-012

S15-017

S15-016

S15-011

S15-013S15-014

S15-018

S15-019

S15-020

S15-023

S15-056

S15-053

S15-054

S15-058

S15-064

S15-055

S15-057

S15-059

S15-033

S15-061

S15-063

S15-064

S15-062

S15-065S15-066

S15-068

S15-067S15-070

S15-069S15-021

Mt Edziza FlowsMt Edziza Flows

Stuhini VolcanicsStuhini Volcanics

Stuhini VolcanicsStuhini Volcanics

1500 m

1700 m

410800

410800

411000

411000

411200

411200

411400

411400

411600

411600

411800

411800

6394

600

6394

600

6394

800

6394

800

6395

000

6395

000

6395

200

6395

200

0 50 100 15025

Meters

sup3

500 Colour Zone

Central Zone(Porphyry and QC Structures)

O P E N

O P E N

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Exploration Trail

Cross Section Line

Monzonite

sup3$1 2015 Drill Hole (Complete)

sup3 2015 Drill Hole (In Progress)$1

sup3 2014 Drill Hole

sup3 Historic Drill Hole

$1

$1

Road Zone

Spectrum GoldDiamond Drill Hole Plan Map

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 0020

Date - 2012610 5Drawn By - CSG

TSX-V SKE

O P E N

Boundary Zone

O P E N

O P E N

O P E NO P E N

O P E N

300 Colour Zone

O P E N

O P E N

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410800 E

410850 E

410850 E

410900 E

410900 E

410950 E

410950 E

6395200 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m 1600 m

1650 m 1650 m

1700 m 1700 m

2m 464 gt Au

100 m

S15-066

S15-066

TSXV SKE

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410820 E

410840 E

410860 E

410880 E

410880 E

410900 E

410900 E

410920 E

410920 E

410940 E

410940 E

410960 E

410960 E

410980 E

410980 E

6395080 N

6395100 N

6395120 N

6395140 N

6395140 N

6395160 N

6395160 N

6395180 N

6395180 N

6395200 N

6395200 N

6395220 N

6395220 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m

1650 m 1650 m

1700 m 1700 m

559

294552

m 115 gt Au

2m 231 gt Au

100 m

S15-068

S15-068

S89-37

S89-3

7

S90-43

S90-43

100 m

S90-44

S90-44

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4610N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Monzonite (Lower)

100 m

200 m

S15-058

S15-058

(NSV)

100 m

200 m

S15-059

S15-059(NSV)

S90-49

100 m

S90-49

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4645N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-054

S15-054

(NSV)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4700N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

100 m

300 m

S15-043

S15-043

100 m

200 m

300 m

S90-50

100 m

S90-50

300 m

200 m

100 m

S15-061

S15-061

S15-063

S15-063

101m 072 gt Au

137m 112 gt Au

4m 2424 gt AuIncluding2m 448 gt Au

114m 1673 gt AuIncluding2m 818 gt Au

4m 2659 gt AuIncluding2m 465 gt Au2m 668 gt Au

2m

335 gt Au

2m 234 gt Au

2m 208 gt Au

2m 247 gt Au

18m 269 gt Au

2m 206 gt Au

2m 485 gt Au

2m 273 gt Au

2m 405 gt A

uIncluding2m 578 gt Au

2m 119 gt Au

2m 289 gt A

u

8m 404 gt AuIncluding

2m 875 gt Au

4480

8180

4650668

578

1190

875

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-009

14-SP-009

100 m

200 m

S15-010

S15-010

100 m

200 m

S15-013

S15-013

100 m

200 m

S15-014

S15-014

100 m

200 m

300 m

400 m

S15-045

S15-045

300 m

100 m

S79-02

S79-02

100 m

S80-18

S80-18

100 m

S89-34

S89-34

100 m

200 m

S15-055

S15-055

100 m

200 m

300 m

400 m

S15-064

S15-064

17m

419 gt Au

2m 292 gt Au

198m 134 gt Au

212m 224 gt Au

17m 1783 gt Au

141m 028 gt Au

31m

02 gt Au

127m 126 gt AuIncluding13m 338 gt Au2m 222 gt Au2m 227 gt Au2m 290 gt Au10m 23 gt Au

1695m 495 gt AuIncluding7m of 795 gt Au

33m 184 gt AuIncluding15m 475 gt Au

36m 164 gt AuIncluding2m 221 gt Au

2m 168 gt Au

2m 107 gt Au

4m 1367 gt Au

2m 179 gt Au

2m 10 gt Au

1m 111 gt Au

2m 2545 gt Au

6m 312 gt Au

2m 213 gt Au

175m 117 gt Au

2m 281 gt Au

14m 159 gt Au

19m 544 gt Au

415m 214 gt Au

4m 318 gt Au

2m 243 gt Au

5m 225 gt Au

4m 16 gt Au

2m 213 gt Au

2m 235 gt Au

14m 827 gt Au

6m 309 gt AuIncluding

1m 231 gt Au

2m 325 gt Au

2m 575 gt A

u

5252210

10001110

25450

9282210

1590

960

12101240

2130

1170

827

2310

575

1460

607

2256

614

1783

934

(Looking North)

Spectrum Gold Project - Section 4750N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

536

843

979

856

212

265328

240

205334

383

233

354203

950

271

247

345211

439

2983780

223

204

4980

287285

641774

238

918

207

296224

247214

223

398

799

353

219

226288

254

219

562

247

233

785

298

291

1196675

273

683

967

556

6021020

231

495

1200

390

220

3500

684447

356

756

590

324

220

451

832

645

1390

804

6m 786 gt Au

16m 856 gt Au

738m 179 gt Au

38m 128 gt Au

6m 207 gt Au

4m 286 gt Au

4m 708 gt Au

40m 131 gt Au

425m 136 gt Au

799m 156 gt Au

1247m 084 gt Au

61m 162 gt AuIncluding2m 238 gt Au4m 562 gt Au6m 199 gt Au2m 247 gt Au2m 214 gt Au

36m 104 gt AuIncluding5m 2 gt Au2m 228 gt Au135m 24 gt Au

12m 362 gt AuIncluding2m 95 gt Au

184m 64 gt AuIncluding39m 2527 gt AuAlso Including19m 50 gt Au

17m 18 gt AuIncluding20m 683 gt Au30m 245 gt Au

17m 967 gt Au

11m 31 gt AuIncluding22m 556 gt Au

6m 544 gt AuIncluding2m 102 gt Au

15m 456 gt Au

66m 1059 gt AuIncluding14m 378 gt Au

2m

231 gt Au

8m 536 gt AuIncluding2m 12 gt Au

14m 782 gt AuIncluding2m 35 gt Au

2m

756 gt Au

2m

59 gt A

u

225m

22 gt Au

15m

451 gt Au

2m 236 gt Au

2m 251 gt Au

2m 832 gt Au

2m 46 gt Au

26m 1018 gt Au

09m 804 gt Au

200 m

S15-011

S15-011

S15-012

S15-012

100 m

S15-016

S15-016

100 m

200 m

300 m

S15-042

S15-042

100 m

S15-048

S15-048(NSV)

100 m

200 m

S15-049

S15-049

100 m

200 m

300 m

S15-052

S15-052

100 m

200 m

300 m

S15-057

S15-057

100 m

S79-01

S79-01

S79-03

S80-19

S80-19

100 m

S92-92

S92-92

S15-070

100 m

200 m

300 m

400 m

S15-07

0

(Looking North)

Spectrum Gold Project - Section 4810N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

294

288

883613587

228

379

7450

504

254

1220

879

222

207

286

222

229

706

315

312

291

607

363

315

459

2670

594

2m 294 gt Au

2m 288 gt Au

2615m 821 gt AuIncluding915m 473 gt AuAlso Including215m 88 gt Au15m 61 gt Au2m 59 gt Au35m 442 gt AuAlso Including2m 745 gt Au

44m 112 gt AuIncluding2m 254 gt Au15m 122 gt Au

1m 879 gt Au

137m 064 gt Au

14m 262 gt Au

6m 204 gt Au

87m 286 gt Au

8m 218 gt Au

55m 344 gt Au

6m 555 gt Au

20m

222 gt Au

22m 207 gt Au

2m 286 gt A

u2m 222 gt A

u

2m 225 gt Au

2m 476 gt Au

1m 267 gt Au

11m 282 gt A

u

21m 293 gt Au

2m 266 gt Au

14m 594 gt Au

200 m

S15-015

S15-015

S15-021

S15-021

100 m

S15-028

100 m

200 m

300 m

S15-051

S15-051

100 m

200 m

300 m

S15-056

S15-056

S15-062

(NSV)

300 m

400 m

500 m

S15-062(Cont on 4890N)

S80-23

100 m

S80-23100 m

S80-26

S80-2

6100 m

S80-27

S80-27

S90-48

S90-48

S15-028

100 m

200 m

300 m

400 m

S15-067

S15-067

S15-069

100 m

200 m

400 m

S15-069

(Cont on 4890N)

(Looking North)

Spectrum Gold Project - Section 4850N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

41

11

00

E4

11

10

0 E

41

11

50

E4

11

15

0 E

41

12

00

E4

11

20

0 E

41

12

50

E4

11

25

0 E

41

13

00

E4

11

30

0 E

41

13

50

E4

11

35

0 E

41

14

00

E

41

14

50

E

41

15

00

E4

11

50

0 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

243

316

295

266697256

272359

879

925690

256

274

268

283

829

207

473

582

586

1860427

995

592

983

8090

288

240

405

1587

442

405

261

208

1020

12m 154 gt AuIncluding2m 243 gt Au4m 306 gt Au

21m

09 gt Au

135m 278 gt AuIncluding2m 697 gt Au

1m 879 gt Au

6m 555 gt Au

2m 256 gt Au

4m 271 gt Au

2m 283 gt Au

1m 829 gt Au

2m 473 gt Au

135m 582 gt Au

2m 586 gt Au

93m 395 gt AuIncluding13m 186 gt Au2m 427 gt Au

15m 995 gt Au1m 592 gt Au

23m 809 gt Au

9m 173 gt Au

122m 157 gt Au

85m 123 gt Au

47m 279 gt Au

19m 39 gt Au

144m 117 gt Au

2m 983 gt A

u

2m 253 gt A

u

1m 102 gt A

u

100 m

200 m

S15-019

S15-019

S15-028

S15-028

100 m

200 m

S15-031

S15-031

100 m

200 m

S15-041

S15-041

100 m

200 m

300 m

S15-050

S15-050

100 m

200 m

300 m

S15-053

S15-053

S15-062

(Cont from

4850N)

600 m

S15-062(NSV)

S79-04S79-05

S79-05

S79-06

S79-06

S79-07

S79-08

S79-08

S80-23

S80-23

S80-28

S80-28

100 m

S89-35

S89-35

100 m

S92-91

S92-91

S1

5-0

69

(Co

nt fro

m 4

85

0N)

400

m

S1

5-0

69

(Looking North)

Spectrum Gold Project - Section 4890N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

500 Colour Zone

Central Zone(Porphyry and QC structures)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure

MAIN amp NORTH DONNELLY ZONES - MEASURED PLUS INDICATED RESOURCE

Cut-off

(Cu )

Tonnes gt Cut-off

(tonnes)

Grade gt Cut-off

Contained Metal

Cu ()

Au (gt)

Million lbs Cu

Million ozs Au

015

183970000

028

032

113583

1899

020

133670000

032

036

94023

1560

025

90170000

037

041

72571

1183

030

60690000

041

045

54867

0880

035

39400000

046

050

39790

0628

040

25880000

050

054

28647

0448

045

16150000

055

059

19586

0307

050

9510000

060

066

12666

0202

MAIN amp NORTH DONNELLY ZONES - INFERRED RESOURCE

Cut-off

(Cu )

Tonnes gt Cut-off

(tonnes)

Grade gt Cut-off

Contained Metal

Cu ()

Au (gt)

Million lbs Cu

Million ozs Au

015

100190000

022

028

49044

0912

020

53690000

026

033

31254

0570

025

29510000

030

036

19391

0344

030

11590000

034

041

8587

0151

035

2870000

038

046

2424

0042

040

510000

046

046

517

0008

045

240000

051

049

269

0004

050

110000

056

058

135

0002

Page 3:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

Synergy Spectrum and GJ Projectsgt Located in the prolific Golden Triangle of northwestern BC close to

roads and grid power

gt Spectrum is a historic high-grade multi-zone Au project and is open to depth and on strike Expanded by 17350 m drilling in 61 holes in 2015

gt Intercepts include 1063 gt Au over 27 m 2545 gt Au(743 ozton) over 20 m 821 gt Au over 2615 m including 745 gt Au over 20 m and 385 gt Au over 29 m

gt Updated 43-101 resource estimate planned in Q1 2016

gt GJ was acquired in October 2015 and has a bulk-tonnage porphyry Cu-Au resource plus numerous other porphyry Cu-Au and high-grade Au prospects

gt Updated independent 43-101 resource estimate released January 16 2016

wwwskeenaresourcescom 4

Location Access and Infrastructure

wwwskeenaresourcescom 1

North Donnelly amp Donnelly (Skeena)MampI 1337 mt 032 Cu amp 036 gt AuInferred 537 mt )26 amp 033 gt Au

6

GJ Copper-Gold Project

wwwskeenaresourcescom 7

gt Option to earn 100 interest from Teck and NGEx

gt 38374 Ha property 25 km from Red Chris which has similar geology and grades

gt Excellent access and infrastructure including grid power

gt Long term call option on copper and gold prices

gt The Donnelly porphyry deposits have an updated independent 43-101 Resource Estimate of 940 million lbs Cu and 156 million oz Au in the Measured and Indicated categories and 3125 million lbs Cu and 057 million oz Au in the Inferred category

gt Potential for expansion of Donnelly deposits to west and at depth

gt GJ also includes high-grade Au-Ag prospects similar to SpectrumSee page 8 and Skeena News Release of January 14 2016 for details of the resource estimate Mineral resources that are not mineral reserves do not have demonstrated economic viability Mineral resource estimates do not account for mineability selectivity mining loss and dilution These mineral resource estimates include inferred mineral resources that are normally considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves There is also no certainty that these inferred mineral resources will be converted to measured and indicated categories through further drilling or into mineral reserves once economic considerations are applied

Donnelly Deposits - Updated 43-101 Resource

wwwskeenaresourcescom 8

By Gary HGiroux MASc PEngFor details see January 14 2016 Skeena news release

Spectrum Goldgt 100 ownership interestgt High-grade gold zones occur within a broader halo of porphyry-style gold-

copper mineralization

gt Host is Triassic Stuhini Group volcanics amp sediments at the contact of aTriassic-Jurassic porphyry intrusion

gt High-grade gold is related to steeply dipping panels of stockwork quartz-carbonate-sulphide veinlet extending over 650 metres of strike

gt Mineralization remains open along strike and at depth appears related tohydrothermal fluids associated with the porphyry intrusion

gt Its characteristics are consistent with the upper portion of an alkaliporphyry-style Cu-Au deposit similar to other important deposits in theStikine

wwwskeenaresourcescom 9

Geology and Mineralized Zones

wwwskeenaresourcescom 10

Tovia Orange

Summary of Mineralized Zones

wwwskeenaresourcescom 11

Name Description

Central Zone

QC Structure North-striking zone of fractured silicified volcanic rocks 30 to 70 m east of the monzonite dyke containing 2 main parallel high grade gold-bearing structures that pinch and swell along a strike length of 650 m Best drill intercept of 3176 gt Au over 60 m

Porphyry Structure Parallel to QC zone lies 0-30m east of monzonite dyke Contains two high-grade gold zones of variable width and grade within a shell of lower-grade disseminated Cu-Au mineralization 2014 drill intercepts include 106 gt Au over 270 m

500 Colour Zone Northwest-striking branch of QC-Porphyry zones related to monzonitic dyke swarm Drilled for 450 m strike length with erratic gold intercepts Best drill intercept 2545 gt Au Over 20 m

33 Zone Easterly trending splay from main monzonite dyke intersected in one drill hole (8 m 11 gt Au)

300 Colour Zone One drill hole yielded 21 m 559 gt Au and 04 m 2945 gt Au

Boundary Zone Anomalous gold in propylitic altered volcanic drill intercept of 072 gt (0021 ozton) over 103 m

4440 Zone Defined at surface only no drilling 79 gt Au over 07 m surface channel sample

Skarn (Malachite) Showing Along southwest-trending splay of Monzonite dyke Surface channel sample 20 m long returned 29 gt Au and 05 Cu

West Creek Showing Gold-copper soil anomaly no drilling Surface channel sample 10 Cu 31 gt Au 3771 gt (110 ozton) Au over 415 m

GR Showing Gold-copper soil anomaly no drilling Rock grab samples to 3428 gt Au (100 ozton)

East Creek Zone North-trending 5 m wide silicified zone traced at surface for 600m strike length High grade gold with pyrite arsenopyrite chalcopyrite and sphalerite Drill intercept of 26 m 3445 gt Au trench sample 26 m 584 gt Au

Hawk Vein North-trending traced for 200m strike underground Best gold grades Surface 2914 gt Au (085 ozton) over 035 m Adit 668 gt Au (0195 ozton) over 10 m

ozshort ton converted to gramstonne using the conversion factor 10 ozton = 3428 gtonne

Spectrum Free Gold in Drill Coregt Visible gold has been identified in about 40 of the holes logged to date

in 2015

wwwskeenaresourcescom 12

Metallurgy ndash Gravity and Cyanide A bench-scale metallurgical test was conducted on 2014 drill core obtained from throughout two of the mineralized zones The work was performed by Saskatchewan Research Council under the supervision of Michael Yakimchuk P Eng (see news release of May 12 2015)

wwwskeenaresourcescom 13

QC Structure

gtThe composite head-feed sample was calculated to be 1396 gt Au as compared tothe weighted average of 1350 gt for the individual drill core sample assays

gtA gravity recovery test yielded gold recovery of 564

gtAn overall gold recovery of 988 was obtained when both gravity and subsequentcyanide leaching of the gravity tails were performed

Porphyry Structure

gtThe composite head feed sample was calculated to be 876 gt Au as compared to theweighted average of 1055 gt for the individual drill core samples

gtA gravity recovery test yielded gold recovery of 246

gtAn overall gold recovery of 916 when both gravity and subsequent cyanide leachingof the gravity tails were performed

Metallurgy ndash Flotation StudiesBench scale test work completed at SRC under the direction of Michael YakimchukP Eng has shown that the mineralized rock also returns high gold recovery when using a flotation process (see news release of July 20 2015)

gt Samples from the QC structures in the Central zone were upgraded by flotation from a composite head grade of 944 to over 22 gt Au with an average overall recovery of 85 with multiple tests yielding gold recoveries over 95

gt Samples from the Porphyry structures in the Central zone were upgraded from a composite head grade 969 gt to an average of over 364 gt with average overall recovery of 928 and multiple tests yielding gold recoveries over 95

Conclusion the positive results from each of gravity cyanidation and flotation tests demonstrate there is flexibility for future mineral processing of the mineralization Additional test work is planned after the 2015 field season

wwwskeenaresourcescom 14

Management and Share StructureDirectors amp Management

Ron Netolitzky MSc Chairman Director

Walt Coles Jr President amp CEO Director

Rupert Allan PGeol Vice President of Exploration Director

Michael Cathro MSc PGeo Vice President of Operations

Peter Tredger MBA PEng Director

Karen Allan CMA CFOCorporate Secretary

Share Structure (as at Nov 9 2015)

Shares Outstanding 325401172

Options ($010 strike price)

Warrants ($010 strike price)

Fully Diluted

Working Capital

14700000

40397000

380498172

$4 million

Includes 76663517 common shares in escrow

wwwskeenaresourcescom 15

The ExpertiseSkeenarsquos Board and Management has considerable exploration and development experience in northwestern British Columbia

Ron Netolitzky was one of the primary developers behind the Snip Mine that Cominco placed into production and Eskay Creek which was developed by Homestake and Barrick For these achievements amongst numerous other international accomplishments Mr Netolitzky received the Prospector of the Year award from the PDAC and Developer of the Year award from the BC amp Yukon Chamber of Mines Ron was also inducted into the Canadian Mining Hall of Fame in 2015

Peter Tredger was one of the developers of the Golden Bear mine as well as being intimately involved with the merger of Blue Pearl Resources and the expansion of the Thompson Creek Metals portfolio

Rupert Allan P Geol is a consulting geologist with 45 yearsrsquo experience in base and precious metals exploration throughout Canada and internationally He has worked extensively in northwest British Columbia and was instrumental in the permitting and development of the Brewery Creek heap leach gold mine in the Yukon

Michael Cathro P Geo is a registered professional geoscientist in British Columbia and holds a BSc from Queens University and a MSc from the Colorado School of Mines Mr Cathros 35-year career has included work as an exploration geologist on gold and base-metal projects in Canada and overseas and 17 years in technical and management roles with the BC Ministry of Energy Mines and Petroleum Resources

wwwskeenaresourcescom 16

Past SuccessesSpectrumrsquos Past Exploration Development Success Ratio

gt 243600 historical oz of Au from 11902 m of historical drilling

gt 205 oz Au discovered for every metre drilled

gt Assuming $250 per metre drilling cost = $1220 per oz Au discovery cost

Historic mines in NW British Columbia where Netolitzky was the driving forcebehind their development

gt Snip Gold Minersaquo 1 million oz Au produced at 25 gt

gt Eskay Creek Minersaquo 327 million oz Au produced at 49 gtrsaquo 158 million oz Ag produced at 2406 gt

wwwskeenaresourcescom 17

Past performance should not be construed to mean future drill results and exploration development success will be guaranteedThis estimate precedes NI 43-101 and is not to be relied upon This estimate is not current and a Qualified Person has not done sufficient work toclassify the historical estimate and Skeena is not treating the historical estimate as a current resource

Contact Information

wwwskeenaresourcescom 18

Tony PerriManager Investor Relations

tperriskeenaresourcescomTel +16046848725Dir +16045587681Fax +16045587695

Skeena Resources LimitedSuite 650 ndash 1021 West Hastings StreetVancouver British Columbia Canada

V6E 0C3

wwwskeenaresourcescomTSX Venture Exchange SKE

Appendix

Figures from 2015 Spectrum Drill Program

gt Table of Intersectionsgt Drill plangt Cross-sectionsgt Gold in soil maps

wwwskeenaresourcescom 19

Page13 113 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐010 270 -shy‐52 278 340 700 360 164including 500 700 200 221

9430 9600 170 41914500 14700 200 292 01119900 20040 140 159

S15-shy‐011 270 -shy‐45 2235 600 1200 600 7862000 2160 160 8564800 8400 3600 104 30 010

including 5000 5500 500 200and 6200 6400 200 328 011and 7100 7235 135 240 136 062

11000 11738 738 179 56 01313000 14200 1200 362 52 016

including 14000 14200 200 95 90 024

S15-shy‐012 270 -shy‐55 251 3500 7300 3800 12810200 10860 660 1059 31 019

including 10550 10690 140 37814000 14600 600 207 15019760 21600 1840 640 88

including 19760 20150 390 2527 595 033including 19960 20150 190 498 1180 063

21200 21600 400 286 8823400 23800 400 708 175 012

S15-shy‐013 270 -shy‐45 200 300 13000 12700 126 52 015including 2000 3300 1300 338 77 024

and 2720 2940 220 96 115 036and 3100 3300 200 450 138 031and 4800 5000 200 222and 7800 8000 200 227 59 016and 10800 11000 200 290 011and 12000 13000 1000 230 53 014

S15-shy‐014 270 -shy‐58 2175 300 700 400 3181900 2100 200 243

Page13 213 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 3000 3500 500 225 0225100 5500 400 160 0247700 9395 1695 495 205 070

including 8300 9000 700 795 355 09315300 15500 200 213 6317100 17275 175 11720800 21000 200 281 72 011

S15-shy‐015 270 -shy‐50 259 2800 3000 200 2943800 4000 200 28816385 19000 2615 821

Including 16385 17300 915 473And 16385 16600 215 883And 16750 16900 150 613And 17100 17300 200 587And 18050 18400 350 442 75

Including 18200 18400 200 745 85

S15-shy‐016 270 -shy‐48 179 3400 9500 6100 162 014Including 3400 3600 200 238

And 4800 5200 400 563 96 022Including 4800 5000 200 918 110 022

And 6500 7100 600 199 012And 8700 8900 200 247 011And 9300 9500 200 214 55 014

S15-shy‐017 270 -shy‐55 193 10315 10400 085 979 430012800 13600 800 1046 83

including 12800 13030 230 3333 267 01315740 16100 360 116818000 18275 275 279 54 010

S15-shy‐018 270 -shy‐45 302 13900 14130 230 11118300 18500 200 613 01022100 22700 600 544 234

Including 22500 22700 200 132 63825100 25300 200 237

Page13 313 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐019 270 -shy‐50 215 1900 3100 1200 155including 1900 2100 200 243

And 2700 3100 400 3069600 11700 2100 090 01015900 17250 1350 278

Including 16300 16500 200 697

S15-shy‐020 270 -shy‐45 258 23600 23800 200 251

S15-shy‐021 270 -shy‐50 605 Hole13 abandonded13 in13 fault13 Poor13 recovery13 No13 significant13 values

S15-shy‐022 270 -shy‐50 254 15000 15200 200 78616800 17000 200 13517410 18900 1490 897

Including 17410 17700 290 3851 54Including 17410 17562 152 347

And 17562 17700 138 427 81

S15-shy‐023 270 -shy‐45 225 6000 8590 2590 077 011Including 8000 8200 200 458 012

16500 16700 200 243 01019300 19660 360 561 103

Including 19300 19460 160 917 13520800 21000 200 211 85

S15-shy‐024 270 -shy‐60 244 3200 3400 200 2937600 8000 400 35913625 13716 091 641 24017020 17220 200 314 5118300 19264 964 681 207 009

Including 18700 18870 170 141 204 014

S15-shy‐025 270 -shy‐45 181 1100 1300 200 3144100 4900 800 414

Including 4100 4215 115 172 98 01511100 13400 2300 143

Page13 413 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 Including 11100 11300 200 276

And 12800 13000 200 531

S15-shy‐026 270 -shy‐45 260 800 1000 200 477 12212250 12450 200 22414870 15270 400 31218250 19050 800 567 015

Including 18250 18450 200 89 80 027And 18850 19050 200 101 014

S15-shy‐027 266 -shy‐48 266 19400 19600 200 251

S15-shy‐028 270 -shy‐50 254 500 4900 4400 112Including 1100 1300 200 254

And 3500 3650 150 12216600 16700 100 87919800 20400 600 555 54

S15-shy‐029 266 -shy‐45 219 14740 14900 160 411 01120500 20700 200 735 5910

S15-shy‐030 270 -shy‐45 265 21450 21550 100 587 252024700 24900 200 213

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022Including 2900 3100 200 256 013

And 9300 9700 400 271 58 021And 10900 11100 200 283 013And 13500 13600 100 829 67 011And 19300 19500 200 473 145 032And 21700 21835 135 582 228 435

S15-shy‐032 270 -shy‐45 2943

S15-shy‐033 270 -shy‐45 117

S15-shy‐034 270 -shy‐57 196

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 513 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐035 265 -shy‐45 2425 2900 3100 200 25515900 16100 200 27816750 16900 150 670 713 08423020 23130 110 648 741

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008Including 14215 14675 460 180 75

S15-shy‐037 265 -shy‐45 220 3700 4100 400 315 5416900 17100 200 224 011

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010Including 1000 1200 200 334

And 11400 12400 1000 184 82 018

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017Including 1700 6100 4400 140 68 017Including 3100 3300 200 626 014

S15-shy‐040 265 -shy‐45 299 16900 18300 1400 190Including 16900 17000 100 704 77

And 17400 17510 110 582 10820570 20780 210 446 126 02323280 23930 650 13623280 23350 070 530 259 041

S15-shy‐041 265 -shy‐50 214 8500 8700 200 586 7814570 15500 930 395

Including 14570 14700 130 186And 15300 15500 200 427

19050 19200 150 995 53321300 21400 100 592 61

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005Including 2500 4200 1700 179Including 2500 2700 200 683 53

Page13 613 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 11330 11500 170 96716500 17600 1100 310

Including 16710 16930 220 55619200 19800 600 544 11119600 19800 200 102 29020700 20850 150 456

S15-shy‐043 265 -shy‐45 362 19700 20100 400 2424Including 19900 20100 200 448

21060 22200 1140 1673Including 21600 21800 200 818 56

23000 23400 400 2659Including 23000 23200 200 465

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 40 014Including 5700 5900 200 662 68 027

And 14100 14300 200 327 54 01320200 24973 4773 049 30 013

S15-shy‐045 265 -shy‐45 275 18500 18700 200 21321700 21900 200 235

S15-shy‐046 265 -shy‐45 266 4000 4400 400 30615900 16100 200 41919200 19600 400 1697 100

Including 19400 19600 200 298 150 015

S15-shy‐047 265 -shy‐45 320 12200 12400 200 23325495 25635 140 154 210 011

S15-shy‐048 265 -shy‐55 1498

S15-shy‐049 265 -shy‐45 269 12500 12700 200 23118500 19300 800 536

Including 18700 18900 200 12021100 22500 1400 782 011

Including 21500 21700 200 350 79 022

Abandoned13 Before13 Zone13 -shy‐13 No13 Significant13 Values

Page13 713 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 23500 23700 200 75624300 24500 200 590

S15-shy‐050 265 -shy‐50 338 28800 29000 200 983

S15-shy‐051 265 -shy‐50 385 2800 3000 200 2229030 9250 220 20721950 22150 200 286 117 01323750 23950 200 222

S15-shy‐052 265 -shy‐46 365 22575 22800 225 22029650 29800 150 451

S15-shy‐053 256 -shy‐46 341

S15-shy‐054 252 -shy‐45 256

S15-shy‐055 265 -shy‐45 3813 20000 20600 600 309Including 20460 20600 140 827

28650 28750 100 2310

S15-shy‐056 265 -shy‐50 365 25600 25800 200 22531300 31500 200 47635900 36000 100 267

S15-shy‐057 265 -shy‐46 395 21700 21900 200 236 37130200 30400 200 25132800 33000 200 832 127 038

S15-shy‐058 265 -shy‐45 212

S15-shy‐059 265 -shy‐65 21430

S15-shy‐060 265 -shy‐45 422 20700 21300 600 327Including 21100 21300 200 589

25200 27000 1800 613 008Including 25800 25900 100 110 010

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 813 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 And 26400 26500 100 300 52 006And 26830 27000 170 306 019

30400 30600 200 210

S15-shy‐061 265 -shy‐45 317 18000 18200 200 33518800 19000 200 23422400 30000 7600 113 24 006

including 22400 22600 200 208And 24600 24800 200 247And 26400 28200 1800 269

Including 26400 26600 200 578 63And 28000 28200 200 1190

29800 30000 200 206 84

S15-shy‐062 263 -shy‐45 740

S15-shy‐063 265 -shy‐45 4472 21930 22130 200 485 642 05323600 23800 200 27328400 28600 200 40539800 41800 2000 187

Including 39600 40400 800 404Including 40200 40400 200 875

41800 42000 200 289

S15-shy‐064 265 -shy‐45 473 19100 19300 200 325 106033600 33800 200 575

S15-shy‐06513 (Boundary)

265 -shy‐45 265 2800 3000 200 332

12686 12800 114 1050

S15-shy‐06613 13 13 13 (30013 Colour)

70 -shy‐50 182 3200 3400 200 464

S15-shy‐067 270 -shy‐50 404

No13 Significant13 Values

No13 Significant13 Values

Page13 913 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐06813 13 13 13

(30013 Colour)50 -shy‐50 242 5000 10200 5200 115

Including 5200 6800 1600 18713200 13400 200 231

S15-shy‐069 270 -shy‐45 470 5600 5810 210 293 1016400 6600 200 26629865 30005 140 594 7942000 42200 200 253 01042580 42680 100 1020 1170 024

S15-shy‐070 270 -shy‐46 449 33600 33800 200 46039340 39600 260 1018 660 02141110 41200 090 804 011

NotesAll13 values13 are13 un-shy‐cutTrue13 width13 is13 estimated13 to13 be13 5513 to13 7013 of13 down13 hole13 intervalAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

Porphyry13 Au-shy‐Ag-shy‐Cu13 Intervals13 for13 201513 Spectrum13 holes

DDH13 Azimuth DipTotal13

Depth13 (m)From13 (m) To13 (m)

Interval13 (m)

Au13 gt13 (uncut) Ag13 gt Cu13

S15-shy‐011 270 -shy‐45 2235 300 20600 20300 097 33 012

S15-shy‐012 270 -shy‐55 251 250 23800 23550 141 42 007

S15-shy‐013 270 -shy‐45 200 300 19800 19500 075 39 015

S15-shy‐014 270 -shy‐58 2175 300 21200 20900 122 48 017

S15-shy‐016 270 -shy‐48 179 1130 17600 16470 090 41 014

S15-shy‐023 270 -shy‐45 225 430 21000 20570 047 28 009

S15-shy‐024 270 -shy‐60 244 300 19264 18964 088 26 006

S15-shy‐025 270 -shy‐45 181 1100 16600 15500 074 16 005

S15-shy‐026 270 -shy‐45 260 12050 22095 10045 092 22 006

S15-shy‐028 270 -shy‐50 254 500 22900 22400 061 29 007

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 402 014And 20200 24973 4773 049 302 013

All13 values13 are13 un-shy‐cutAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

sup3

sup3

sup3sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3 sup3

sup3 sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3 sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3

$1

$1

$1

$1

$1

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$1$1

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$1$1

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$1$1

$1

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$1 $1$1

$1

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1600 m

S15-037

S15-035S15-029

S15-027

S15-026

S15-025

S15-032S15-030

S15-039S15-022S15-024

S15-040

S15-036S15-034 S15-060

S15-031

S15-028S15-041

S15-043

S15-049

S-4S-3

S-2

S15-038

4850N

4890N

5035N

5010N

5195N

S15-047

S15-044 S15-046

S15-050

S15-042

S15-048

S15-045

S15-052

S15-051

4975N

5150N

5235N

5095N

4810N

4750N

4700N

4930N

5285N

S91-82

14-SP-009

S91-83

S91-73

S91-66

S89-34

S91-71

S80-21

S91-70

S91-85

S91-78

S91-86

S90-46

S91-74

S80-13

14-SP-001

14-SP-004

S80-14

S91-81

14-SP-007

S91-68

S91-79

S91-63

S91-84

S90-51

S89-35

14-SP-006S90-59

S80-11

S90-52

S90-49

S90-54

S92-90

S80-12

S90-55

S91-80

S89-37

S79-08

S80-22

S90-56

S90-44

S79-06

S91-64

S90-50

S90-45

S90-58

S90-60

S90-43

S91-75

S92-92

S92-91

S89-36

S80-17

S90-61

S-1

S89-41

14-SP-005

S80-20

S90-47

14-SP-002

14-SP-008

S79-03

S80-26

S80-24

S80-18

S89-33

S80-28

S80-15

S79-02

S79-10

S90-62S91-67

S79-01

S90-57

S79-05

S80-27

S80-25

S79-07

S80-19

S79-04

S79-09

S90-48

S91-65

S91-69

S91-72S91-76

S91-77

14-SP-003

S80-16

S90-53

S89-39

S15-015

S15-010

S15-012

S15-017

S15-016

S15-011

S15-013S15-014

S15-018

S15-019

S15-020

S15-023

S15-056

S15-053

S15-054

S15-058

S15-064

S15-055

S15-057

S15-059

S15-033

S15-061

S15-063

S15-064

S15-062

S15-065S15-066

S15-068

S15-067S15-070

S15-069S15-021

Mt Edziza FlowsMt Edziza Flows

Stuhini VolcanicsStuhini Volcanics

Stuhini VolcanicsStuhini Volcanics

1500 m

1700 m

410800

410800

411000

411000

411200

411200

411400

411400

411600

411600

411800

411800

6394

600

6394

600

6394

800

6394

800

6395

000

6395

000

6395

200

6395

200

0 50 100 15025

Meters

sup3

500 Colour Zone

Central Zone(Porphyry and QC Structures)

O P E N

O P E N

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Exploration Trail

Cross Section Line

Monzonite

sup3$1 2015 Drill Hole (Complete)

sup3 2015 Drill Hole (In Progress)$1

sup3 2014 Drill Hole

sup3 Historic Drill Hole

$1

$1

Road Zone

Spectrum GoldDiamond Drill Hole Plan Map

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 0020

Date - 2012610 5Drawn By - CSG

TSX-V SKE

O P E N

Boundary Zone

O P E N

O P E N

O P E NO P E N

O P E N

300 Colour Zone

O P E N

O P E N

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410800 E

410850 E

410850 E

410900 E

410900 E

410950 E

410950 E

6395200 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m 1600 m

1650 m 1650 m

1700 m 1700 m

2m 464 gt Au

100 m

S15-066

S15-066

TSXV SKE

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410820 E

410840 E

410860 E

410880 E

410880 E

410900 E

410900 E

410920 E

410920 E

410940 E

410940 E

410960 E

410960 E

410980 E

410980 E

6395080 N

6395100 N

6395120 N

6395140 N

6395140 N

6395160 N

6395160 N

6395180 N

6395180 N

6395200 N

6395200 N

6395220 N

6395220 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m

1650 m 1650 m

1700 m 1700 m

559

294552

m 115 gt Au

2m 231 gt Au

100 m

S15-068

S15-068

S89-37

S89-3

7

S90-43

S90-43

100 m

S90-44

S90-44

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4610N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Monzonite (Lower)

100 m

200 m

S15-058

S15-058

(NSV)

100 m

200 m

S15-059

S15-059(NSV)

S90-49

100 m

S90-49

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4645N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-054

S15-054

(NSV)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4700N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

100 m

300 m

S15-043

S15-043

100 m

200 m

300 m

S90-50

100 m

S90-50

300 m

200 m

100 m

S15-061

S15-061

S15-063

S15-063

101m 072 gt Au

137m 112 gt Au

4m 2424 gt AuIncluding2m 448 gt Au

114m 1673 gt AuIncluding2m 818 gt Au

4m 2659 gt AuIncluding2m 465 gt Au2m 668 gt Au

2m

335 gt Au

2m 234 gt Au

2m 208 gt Au

2m 247 gt Au

18m 269 gt Au

2m 206 gt Au

2m 485 gt Au

2m 273 gt Au

2m 405 gt A

uIncluding2m 578 gt Au

2m 119 gt Au

2m 289 gt A

u

8m 404 gt AuIncluding

2m 875 gt Au

4480

8180

4650668

578

1190

875

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-009

14-SP-009

100 m

200 m

S15-010

S15-010

100 m

200 m

S15-013

S15-013

100 m

200 m

S15-014

S15-014

100 m

200 m

300 m

400 m

S15-045

S15-045

300 m

100 m

S79-02

S79-02

100 m

S80-18

S80-18

100 m

S89-34

S89-34

100 m

200 m

S15-055

S15-055

100 m

200 m

300 m

400 m

S15-064

S15-064

17m

419 gt Au

2m 292 gt Au

198m 134 gt Au

212m 224 gt Au

17m 1783 gt Au

141m 028 gt Au

31m

02 gt Au

127m 126 gt AuIncluding13m 338 gt Au2m 222 gt Au2m 227 gt Au2m 290 gt Au10m 23 gt Au

1695m 495 gt AuIncluding7m of 795 gt Au

33m 184 gt AuIncluding15m 475 gt Au

36m 164 gt AuIncluding2m 221 gt Au

2m 168 gt Au

2m 107 gt Au

4m 1367 gt Au

2m 179 gt Au

2m 10 gt Au

1m 111 gt Au

2m 2545 gt Au

6m 312 gt Au

2m 213 gt Au

175m 117 gt Au

2m 281 gt Au

14m 159 gt Au

19m 544 gt Au

415m 214 gt Au

4m 318 gt Au

2m 243 gt Au

5m 225 gt Au

4m 16 gt Au

2m 213 gt Au

2m 235 gt Au

14m 827 gt Au

6m 309 gt AuIncluding

1m 231 gt Au

2m 325 gt Au

2m 575 gt A

u

5252210

10001110

25450

9282210

1590

960

12101240

2130

1170

827

2310

575

1460

607

2256

614

1783

934

(Looking North)

Spectrum Gold Project - Section 4750N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

536

843

979

856

212

265328

240

205334

383

233

354203

950

271

247

345211

439

2983780

223

204

4980

287285

641774

238

918

207

296224

247214

223

398

799

353

219

226288

254

219

562

247

233

785

298

291

1196675

273

683

967

556

6021020

231

495

1200

390

220

3500

684447

356

756

590

324

220

451

832

645

1390

804

6m 786 gt Au

16m 856 gt Au

738m 179 gt Au

38m 128 gt Au

6m 207 gt Au

4m 286 gt Au

4m 708 gt Au

40m 131 gt Au

425m 136 gt Au

799m 156 gt Au

1247m 084 gt Au

61m 162 gt AuIncluding2m 238 gt Au4m 562 gt Au6m 199 gt Au2m 247 gt Au2m 214 gt Au

36m 104 gt AuIncluding5m 2 gt Au2m 228 gt Au135m 24 gt Au

12m 362 gt AuIncluding2m 95 gt Au

184m 64 gt AuIncluding39m 2527 gt AuAlso Including19m 50 gt Au

17m 18 gt AuIncluding20m 683 gt Au30m 245 gt Au

17m 967 gt Au

11m 31 gt AuIncluding22m 556 gt Au

6m 544 gt AuIncluding2m 102 gt Au

15m 456 gt Au

66m 1059 gt AuIncluding14m 378 gt Au

2m

231 gt Au

8m 536 gt AuIncluding2m 12 gt Au

14m 782 gt AuIncluding2m 35 gt Au

2m

756 gt Au

2m

59 gt A

u

225m

22 gt Au

15m

451 gt Au

2m 236 gt Au

2m 251 gt Au

2m 832 gt Au

2m 46 gt Au

26m 1018 gt Au

09m 804 gt Au

200 m

S15-011

S15-011

S15-012

S15-012

100 m

S15-016

S15-016

100 m

200 m

300 m

S15-042

S15-042

100 m

S15-048

S15-048(NSV)

100 m

200 m

S15-049

S15-049

100 m

200 m

300 m

S15-052

S15-052

100 m

200 m

300 m

S15-057

S15-057

100 m

S79-01

S79-01

S79-03

S80-19

S80-19

100 m

S92-92

S92-92

S15-070

100 m

200 m

300 m

400 m

S15-07

0

(Looking North)

Spectrum Gold Project - Section 4810N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

294

288

883613587

228

379

7450

504

254

1220

879

222

207

286

222

229

706

315

312

291

607

363

315

459

2670

594

2m 294 gt Au

2m 288 gt Au

2615m 821 gt AuIncluding915m 473 gt AuAlso Including215m 88 gt Au15m 61 gt Au2m 59 gt Au35m 442 gt AuAlso Including2m 745 gt Au

44m 112 gt AuIncluding2m 254 gt Au15m 122 gt Au

1m 879 gt Au

137m 064 gt Au

14m 262 gt Au

6m 204 gt Au

87m 286 gt Au

8m 218 gt Au

55m 344 gt Au

6m 555 gt Au

20m

222 gt Au

22m 207 gt Au

2m 286 gt A

u2m 222 gt A

u

2m 225 gt Au

2m 476 gt Au

1m 267 gt Au

11m 282 gt A

u

21m 293 gt Au

2m 266 gt Au

14m 594 gt Au

200 m

S15-015

S15-015

S15-021

S15-021

100 m

S15-028

100 m

200 m

300 m

S15-051

S15-051

100 m

200 m

300 m

S15-056

S15-056

S15-062

(NSV)

300 m

400 m

500 m

S15-062(Cont on 4890N)

S80-23

100 m

S80-23100 m

S80-26

S80-2

6100 m

S80-27

S80-27

S90-48

S90-48

S15-028

100 m

200 m

300 m

400 m

S15-067

S15-067

S15-069

100 m

200 m

400 m

S15-069

(Cont on 4890N)

(Looking North)

Spectrum Gold Project - Section 4850N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

41

11

00

E4

11

10

0 E

41

11

50

E4

11

15

0 E

41

12

00

E4

11

20

0 E

41

12

50

E4

11

25

0 E

41

13

00

E4

11

30

0 E

41

13

50

E4

11

35

0 E

41

14

00

E

41

14

50

E

41

15

00

E4

11

50

0 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

243

316

295

266697256

272359

879

925690

256

274

268

283

829

207

473

582

586

1860427

995

592

983

8090

288

240

405

1587

442

405

261

208

1020

12m 154 gt AuIncluding2m 243 gt Au4m 306 gt Au

21m

09 gt Au

135m 278 gt AuIncluding2m 697 gt Au

1m 879 gt Au

6m 555 gt Au

2m 256 gt Au

4m 271 gt Au

2m 283 gt Au

1m 829 gt Au

2m 473 gt Au

135m 582 gt Au

2m 586 gt Au

93m 395 gt AuIncluding13m 186 gt Au2m 427 gt Au

15m 995 gt Au1m 592 gt Au

23m 809 gt Au

9m 173 gt Au

122m 157 gt Au

85m 123 gt Au

47m 279 gt Au

19m 39 gt Au

144m 117 gt Au

2m 983 gt A

u

2m 253 gt A

u

1m 102 gt A

u

100 m

200 m

S15-019

S15-019

S15-028

S15-028

100 m

200 m

S15-031

S15-031

100 m

200 m

S15-041

S15-041

100 m

200 m

300 m

S15-050

S15-050

100 m

200 m

300 m

S15-053

S15-053

S15-062

(Cont from

4850N)

600 m

S15-062(NSV)

S79-04S79-05

S79-05

S79-06

S79-06

S79-07

S79-08

S79-08

S80-23

S80-23

S80-28

S80-28

100 m

S89-35

S89-35

100 m

S92-91

S92-91

S1

5-0

69

(Co

nt fro

m 4

85

0N)

400

m

S1

5-0

69

(Looking North)

Spectrum Gold Project - Section 4890N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

500 Colour Zone

Central Zone(Porphyry and QC structures)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure

MAIN amp NORTH DONNELLY ZONES - MEASURED PLUS INDICATED RESOURCE

Cut-off

(Cu )

Tonnes gt Cut-off

(tonnes)

Grade gt Cut-off

Contained Metal

Cu ()

Au (gt)

Million lbs Cu

Million ozs Au

015

183970000

028

032

113583

1899

020

133670000

032

036

94023

1560

025

90170000

037

041

72571

1183

030

60690000

041

045

54867

0880

035

39400000

046

050

39790

0628

040

25880000

050

054

28647

0448

045

16150000

055

059

19586

0307

050

9510000

060

066

12666

0202

MAIN amp NORTH DONNELLY ZONES - INFERRED RESOURCE

Cut-off

(Cu )

Tonnes gt Cut-off

(tonnes)

Grade gt Cut-off

Contained Metal

Cu ()

Au (gt)

Million lbs Cu

Million ozs Au

015

100190000

022

028

49044

0912

020

53690000

026

033

31254

0570

025

29510000

030

036

19391

0344

030

11590000

034

041

8587

0151

035

2870000

038

046

2424

0042

040

510000

046

046

517

0008

045

240000

051

049

269

0004

050

110000

056

058

135

0002

Page 4:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

Location Access and Infrastructure

wwwskeenaresourcescom 1

North Donnelly amp Donnelly (Skeena)MampI 1337 mt 032 Cu amp 036 gt AuInferred 537 mt )26 amp 033 gt Au

6

GJ Copper-Gold Project

wwwskeenaresourcescom 7

gt Option to earn 100 interest from Teck and NGEx

gt 38374 Ha property 25 km from Red Chris which has similar geology and grades

gt Excellent access and infrastructure including grid power

gt Long term call option on copper and gold prices

gt The Donnelly porphyry deposits have an updated independent 43-101 Resource Estimate of 940 million lbs Cu and 156 million oz Au in the Measured and Indicated categories and 3125 million lbs Cu and 057 million oz Au in the Inferred category

gt Potential for expansion of Donnelly deposits to west and at depth

gt GJ also includes high-grade Au-Ag prospects similar to SpectrumSee page 8 and Skeena News Release of January 14 2016 for details of the resource estimate Mineral resources that are not mineral reserves do not have demonstrated economic viability Mineral resource estimates do not account for mineability selectivity mining loss and dilution These mineral resource estimates include inferred mineral resources that are normally considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves There is also no certainty that these inferred mineral resources will be converted to measured and indicated categories through further drilling or into mineral reserves once economic considerations are applied

Donnelly Deposits - Updated 43-101 Resource

wwwskeenaresourcescom 8

By Gary HGiroux MASc PEngFor details see January 14 2016 Skeena news release

Spectrum Goldgt 100 ownership interestgt High-grade gold zones occur within a broader halo of porphyry-style gold-

copper mineralization

gt Host is Triassic Stuhini Group volcanics amp sediments at the contact of aTriassic-Jurassic porphyry intrusion

gt High-grade gold is related to steeply dipping panels of stockwork quartz-carbonate-sulphide veinlet extending over 650 metres of strike

gt Mineralization remains open along strike and at depth appears related tohydrothermal fluids associated with the porphyry intrusion

gt Its characteristics are consistent with the upper portion of an alkaliporphyry-style Cu-Au deposit similar to other important deposits in theStikine

wwwskeenaresourcescom 9

Geology and Mineralized Zones

wwwskeenaresourcescom 10

Tovia Orange

Summary of Mineralized Zones

wwwskeenaresourcescom 11

Name Description

Central Zone

QC Structure North-striking zone of fractured silicified volcanic rocks 30 to 70 m east of the monzonite dyke containing 2 main parallel high grade gold-bearing structures that pinch and swell along a strike length of 650 m Best drill intercept of 3176 gt Au over 60 m

Porphyry Structure Parallel to QC zone lies 0-30m east of monzonite dyke Contains two high-grade gold zones of variable width and grade within a shell of lower-grade disseminated Cu-Au mineralization 2014 drill intercepts include 106 gt Au over 270 m

500 Colour Zone Northwest-striking branch of QC-Porphyry zones related to monzonitic dyke swarm Drilled for 450 m strike length with erratic gold intercepts Best drill intercept 2545 gt Au Over 20 m

33 Zone Easterly trending splay from main monzonite dyke intersected in one drill hole (8 m 11 gt Au)

300 Colour Zone One drill hole yielded 21 m 559 gt Au and 04 m 2945 gt Au

Boundary Zone Anomalous gold in propylitic altered volcanic drill intercept of 072 gt (0021 ozton) over 103 m

4440 Zone Defined at surface only no drilling 79 gt Au over 07 m surface channel sample

Skarn (Malachite) Showing Along southwest-trending splay of Monzonite dyke Surface channel sample 20 m long returned 29 gt Au and 05 Cu

West Creek Showing Gold-copper soil anomaly no drilling Surface channel sample 10 Cu 31 gt Au 3771 gt (110 ozton) Au over 415 m

GR Showing Gold-copper soil anomaly no drilling Rock grab samples to 3428 gt Au (100 ozton)

East Creek Zone North-trending 5 m wide silicified zone traced at surface for 600m strike length High grade gold with pyrite arsenopyrite chalcopyrite and sphalerite Drill intercept of 26 m 3445 gt Au trench sample 26 m 584 gt Au

Hawk Vein North-trending traced for 200m strike underground Best gold grades Surface 2914 gt Au (085 ozton) over 035 m Adit 668 gt Au (0195 ozton) over 10 m

ozshort ton converted to gramstonne using the conversion factor 10 ozton = 3428 gtonne

Spectrum Free Gold in Drill Coregt Visible gold has been identified in about 40 of the holes logged to date

in 2015

wwwskeenaresourcescom 12

Metallurgy ndash Gravity and Cyanide A bench-scale metallurgical test was conducted on 2014 drill core obtained from throughout two of the mineralized zones The work was performed by Saskatchewan Research Council under the supervision of Michael Yakimchuk P Eng (see news release of May 12 2015)

wwwskeenaresourcescom 13

QC Structure

gtThe composite head-feed sample was calculated to be 1396 gt Au as compared tothe weighted average of 1350 gt for the individual drill core sample assays

gtA gravity recovery test yielded gold recovery of 564

gtAn overall gold recovery of 988 was obtained when both gravity and subsequentcyanide leaching of the gravity tails were performed

Porphyry Structure

gtThe composite head feed sample was calculated to be 876 gt Au as compared to theweighted average of 1055 gt for the individual drill core samples

gtA gravity recovery test yielded gold recovery of 246

gtAn overall gold recovery of 916 when both gravity and subsequent cyanide leachingof the gravity tails were performed

Metallurgy ndash Flotation StudiesBench scale test work completed at SRC under the direction of Michael YakimchukP Eng has shown that the mineralized rock also returns high gold recovery when using a flotation process (see news release of July 20 2015)

gt Samples from the QC structures in the Central zone were upgraded by flotation from a composite head grade of 944 to over 22 gt Au with an average overall recovery of 85 with multiple tests yielding gold recoveries over 95

gt Samples from the Porphyry structures in the Central zone were upgraded from a composite head grade 969 gt to an average of over 364 gt with average overall recovery of 928 and multiple tests yielding gold recoveries over 95

Conclusion the positive results from each of gravity cyanidation and flotation tests demonstrate there is flexibility for future mineral processing of the mineralization Additional test work is planned after the 2015 field season

wwwskeenaresourcescom 14

Management and Share StructureDirectors amp Management

Ron Netolitzky MSc Chairman Director

Walt Coles Jr President amp CEO Director

Rupert Allan PGeol Vice President of Exploration Director

Michael Cathro MSc PGeo Vice President of Operations

Peter Tredger MBA PEng Director

Karen Allan CMA CFOCorporate Secretary

Share Structure (as at Nov 9 2015)

Shares Outstanding 325401172

Options ($010 strike price)

Warrants ($010 strike price)

Fully Diluted

Working Capital

14700000

40397000

380498172

$4 million

Includes 76663517 common shares in escrow

wwwskeenaresourcescom 15

The ExpertiseSkeenarsquos Board and Management has considerable exploration and development experience in northwestern British Columbia

Ron Netolitzky was one of the primary developers behind the Snip Mine that Cominco placed into production and Eskay Creek which was developed by Homestake and Barrick For these achievements amongst numerous other international accomplishments Mr Netolitzky received the Prospector of the Year award from the PDAC and Developer of the Year award from the BC amp Yukon Chamber of Mines Ron was also inducted into the Canadian Mining Hall of Fame in 2015

Peter Tredger was one of the developers of the Golden Bear mine as well as being intimately involved with the merger of Blue Pearl Resources and the expansion of the Thompson Creek Metals portfolio

Rupert Allan P Geol is a consulting geologist with 45 yearsrsquo experience in base and precious metals exploration throughout Canada and internationally He has worked extensively in northwest British Columbia and was instrumental in the permitting and development of the Brewery Creek heap leach gold mine in the Yukon

Michael Cathro P Geo is a registered professional geoscientist in British Columbia and holds a BSc from Queens University and a MSc from the Colorado School of Mines Mr Cathros 35-year career has included work as an exploration geologist on gold and base-metal projects in Canada and overseas and 17 years in technical and management roles with the BC Ministry of Energy Mines and Petroleum Resources

wwwskeenaresourcescom 16

Past SuccessesSpectrumrsquos Past Exploration Development Success Ratio

gt 243600 historical oz of Au from 11902 m of historical drilling

gt 205 oz Au discovered for every metre drilled

gt Assuming $250 per metre drilling cost = $1220 per oz Au discovery cost

Historic mines in NW British Columbia where Netolitzky was the driving forcebehind their development

gt Snip Gold Minersaquo 1 million oz Au produced at 25 gt

gt Eskay Creek Minersaquo 327 million oz Au produced at 49 gtrsaquo 158 million oz Ag produced at 2406 gt

wwwskeenaresourcescom 17

Past performance should not be construed to mean future drill results and exploration development success will be guaranteedThis estimate precedes NI 43-101 and is not to be relied upon This estimate is not current and a Qualified Person has not done sufficient work toclassify the historical estimate and Skeena is not treating the historical estimate as a current resource

Contact Information

wwwskeenaresourcescom 18

Tony PerriManager Investor Relations

tperriskeenaresourcescomTel +16046848725Dir +16045587681Fax +16045587695

Skeena Resources LimitedSuite 650 ndash 1021 West Hastings StreetVancouver British Columbia Canada

V6E 0C3

wwwskeenaresourcescomTSX Venture Exchange SKE

Appendix

Figures from 2015 Spectrum Drill Program

gt Table of Intersectionsgt Drill plangt Cross-sectionsgt Gold in soil maps

wwwskeenaresourcescom 19

Page13 113 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐010 270 -shy‐52 278 340 700 360 164including 500 700 200 221

9430 9600 170 41914500 14700 200 292 01119900 20040 140 159

S15-shy‐011 270 -shy‐45 2235 600 1200 600 7862000 2160 160 8564800 8400 3600 104 30 010

including 5000 5500 500 200and 6200 6400 200 328 011and 7100 7235 135 240 136 062

11000 11738 738 179 56 01313000 14200 1200 362 52 016

including 14000 14200 200 95 90 024

S15-shy‐012 270 -shy‐55 251 3500 7300 3800 12810200 10860 660 1059 31 019

including 10550 10690 140 37814000 14600 600 207 15019760 21600 1840 640 88

including 19760 20150 390 2527 595 033including 19960 20150 190 498 1180 063

21200 21600 400 286 8823400 23800 400 708 175 012

S15-shy‐013 270 -shy‐45 200 300 13000 12700 126 52 015including 2000 3300 1300 338 77 024

and 2720 2940 220 96 115 036and 3100 3300 200 450 138 031and 4800 5000 200 222and 7800 8000 200 227 59 016and 10800 11000 200 290 011and 12000 13000 1000 230 53 014

S15-shy‐014 270 -shy‐58 2175 300 700 400 3181900 2100 200 243

Page13 213 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 3000 3500 500 225 0225100 5500 400 160 0247700 9395 1695 495 205 070

including 8300 9000 700 795 355 09315300 15500 200 213 6317100 17275 175 11720800 21000 200 281 72 011

S15-shy‐015 270 -shy‐50 259 2800 3000 200 2943800 4000 200 28816385 19000 2615 821

Including 16385 17300 915 473And 16385 16600 215 883And 16750 16900 150 613And 17100 17300 200 587And 18050 18400 350 442 75

Including 18200 18400 200 745 85

S15-shy‐016 270 -shy‐48 179 3400 9500 6100 162 014Including 3400 3600 200 238

And 4800 5200 400 563 96 022Including 4800 5000 200 918 110 022

And 6500 7100 600 199 012And 8700 8900 200 247 011And 9300 9500 200 214 55 014

S15-shy‐017 270 -shy‐55 193 10315 10400 085 979 430012800 13600 800 1046 83

including 12800 13030 230 3333 267 01315740 16100 360 116818000 18275 275 279 54 010

S15-shy‐018 270 -shy‐45 302 13900 14130 230 11118300 18500 200 613 01022100 22700 600 544 234

Including 22500 22700 200 132 63825100 25300 200 237

Page13 313 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐019 270 -shy‐50 215 1900 3100 1200 155including 1900 2100 200 243

And 2700 3100 400 3069600 11700 2100 090 01015900 17250 1350 278

Including 16300 16500 200 697

S15-shy‐020 270 -shy‐45 258 23600 23800 200 251

S15-shy‐021 270 -shy‐50 605 Hole13 abandonded13 in13 fault13 Poor13 recovery13 No13 significant13 values

S15-shy‐022 270 -shy‐50 254 15000 15200 200 78616800 17000 200 13517410 18900 1490 897

Including 17410 17700 290 3851 54Including 17410 17562 152 347

And 17562 17700 138 427 81

S15-shy‐023 270 -shy‐45 225 6000 8590 2590 077 011Including 8000 8200 200 458 012

16500 16700 200 243 01019300 19660 360 561 103

Including 19300 19460 160 917 13520800 21000 200 211 85

S15-shy‐024 270 -shy‐60 244 3200 3400 200 2937600 8000 400 35913625 13716 091 641 24017020 17220 200 314 5118300 19264 964 681 207 009

Including 18700 18870 170 141 204 014

S15-shy‐025 270 -shy‐45 181 1100 1300 200 3144100 4900 800 414

Including 4100 4215 115 172 98 01511100 13400 2300 143

Page13 413 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 Including 11100 11300 200 276

And 12800 13000 200 531

S15-shy‐026 270 -shy‐45 260 800 1000 200 477 12212250 12450 200 22414870 15270 400 31218250 19050 800 567 015

Including 18250 18450 200 89 80 027And 18850 19050 200 101 014

S15-shy‐027 266 -shy‐48 266 19400 19600 200 251

S15-shy‐028 270 -shy‐50 254 500 4900 4400 112Including 1100 1300 200 254

And 3500 3650 150 12216600 16700 100 87919800 20400 600 555 54

S15-shy‐029 266 -shy‐45 219 14740 14900 160 411 01120500 20700 200 735 5910

S15-shy‐030 270 -shy‐45 265 21450 21550 100 587 252024700 24900 200 213

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022Including 2900 3100 200 256 013

And 9300 9700 400 271 58 021And 10900 11100 200 283 013And 13500 13600 100 829 67 011And 19300 19500 200 473 145 032And 21700 21835 135 582 228 435

S15-shy‐032 270 -shy‐45 2943

S15-shy‐033 270 -shy‐45 117

S15-shy‐034 270 -shy‐57 196

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 513 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐035 265 -shy‐45 2425 2900 3100 200 25515900 16100 200 27816750 16900 150 670 713 08423020 23130 110 648 741

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008Including 14215 14675 460 180 75

S15-shy‐037 265 -shy‐45 220 3700 4100 400 315 5416900 17100 200 224 011

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010Including 1000 1200 200 334

And 11400 12400 1000 184 82 018

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017Including 1700 6100 4400 140 68 017Including 3100 3300 200 626 014

S15-shy‐040 265 -shy‐45 299 16900 18300 1400 190Including 16900 17000 100 704 77

And 17400 17510 110 582 10820570 20780 210 446 126 02323280 23930 650 13623280 23350 070 530 259 041

S15-shy‐041 265 -shy‐50 214 8500 8700 200 586 7814570 15500 930 395

Including 14570 14700 130 186And 15300 15500 200 427

19050 19200 150 995 53321300 21400 100 592 61

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005Including 2500 4200 1700 179Including 2500 2700 200 683 53

Page13 613 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 11330 11500 170 96716500 17600 1100 310

Including 16710 16930 220 55619200 19800 600 544 11119600 19800 200 102 29020700 20850 150 456

S15-shy‐043 265 -shy‐45 362 19700 20100 400 2424Including 19900 20100 200 448

21060 22200 1140 1673Including 21600 21800 200 818 56

23000 23400 400 2659Including 23000 23200 200 465

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 40 014Including 5700 5900 200 662 68 027

And 14100 14300 200 327 54 01320200 24973 4773 049 30 013

S15-shy‐045 265 -shy‐45 275 18500 18700 200 21321700 21900 200 235

S15-shy‐046 265 -shy‐45 266 4000 4400 400 30615900 16100 200 41919200 19600 400 1697 100

Including 19400 19600 200 298 150 015

S15-shy‐047 265 -shy‐45 320 12200 12400 200 23325495 25635 140 154 210 011

S15-shy‐048 265 -shy‐55 1498

S15-shy‐049 265 -shy‐45 269 12500 12700 200 23118500 19300 800 536

Including 18700 18900 200 12021100 22500 1400 782 011

Including 21500 21700 200 350 79 022

Abandoned13 Before13 Zone13 -shy‐13 No13 Significant13 Values

Page13 713 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 23500 23700 200 75624300 24500 200 590

S15-shy‐050 265 -shy‐50 338 28800 29000 200 983

S15-shy‐051 265 -shy‐50 385 2800 3000 200 2229030 9250 220 20721950 22150 200 286 117 01323750 23950 200 222

S15-shy‐052 265 -shy‐46 365 22575 22800 225 22029650 29800 150 451

S15-shy‐053 256 -shy‐46 341

S15-shy‐054 252 -shy‐45 256

S15-shy‐055 265 -shy‐45 3813 20000 20600 600 309Including 20460 20600 140 827

28650 28750 100 2310

S15-shy‐056 265 -shy‐50 365 25600 25800 200 22531300 31500 200 47635900 36000 100 267

S15-shy‐057 265 -shy‐46 395 21700 21900 200 236 37130200 30400 200 25132800 33000 200 832 127 038

S15-shy‐058 265 -shy‐45 212

S15-shy‐059 265 -shy‐65 21430

S15-shy‐060 265 -shy‐45 422 20700 21300 600 327Including 21100 21300 200 589

25200 27000 1800 613 008Including 25800 25900 100 110 010

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 813 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 And 26400 26500 100 300 52 006And 26830 27000 170 306 019

30400 30600 200 210

S15-shy‐061 265 -shy‐45 317 18000 18200 200 33518800 19000 200 23422400 30000 7600 113 24 006

including 22400 22600 200 208And 24600 24800 200 247And 26400 28200 1800 269

Including 26400 26600 200 578 63And 28000 28200 200 1190

29800 30000 200 206 84

S15-shy‐062 263 -shy‐45 740

S15-shy‐063 265 -shy‐45 4472 21930 22130 200 485 642 05323600 23800 200 27328400 28600 200 40539800 41800 2000 187

Including 39600 40400 800 404Including 40200 40400 200 875

41800 42000 200 289

S15-shy‐064 265 -shy‐45 473 19100 19300 200 325 106033600 33800 200 575

S15-shy‐06513 (Boundary)

265 -shy‐45 265 2800 3000 200 332

12686 12800 114 1050

S15-shy‐06613 13 13 13 (30013 Colour)

70 -shy‐50 182 3200 3400 200 464

S15-shy‐067 270 -shy‐50 404

No13 Significant13 Values

No13 Significant13 Values

Page13 913 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐06813 13 13 13

(30013 Colour)50 -shy‐50 242 5000 10200 5200 115

Including 5200 6800 1600 18713200 13400 200 231

S15-shy‐069 270 -shy‐45 470 5600 5810 210 293 1016400 6600 200 26629865 30005 140 594 7942000 42200 200 253 01042580 42680 100 1020 1170 024

S15-shy‐070 270 -shy‐46 449 33600 33800 200 46039340 39600 260 1018 660 02141110 41200 090 804 011

NotesAll13 values13 are13 un-shy‐cutTrue13 width13 is13 estimated13 to13 be13 5513 to13 7013 of13 down13 hole13 intervalAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

Porphyry13 Au-shy‐Ag-shy‐Cu13 Intervals13 for13 201513 Spectrum13 holes

DDH13 Azimuth DipTotal13

Depth13 (m)From13 (m) To13 (m)

Interval13 (m)

Au13 gt13 (uncut) Ag13 gt Cu13

S15-shy‐011 270 -shy‐45 2235 300 20600 20300 097 33 012

S15-shy‐012 270 -shy‐55 251 250 23800 23550 141 42 007

S15-shy‐013 270 -shy‐45 200 300 19800 19500 075 39 015

S15-shy‐014 270 -shy‐58 2175 300 21200 20900 122 48 017

S15-shy‐016 270 -shy‐48 179 1130 17600 16470 090 41 014

S15-shy‐023 270 -shy‐45 225 430 21000 20570 047 28 009

S15-shy‐024 270 -shy‐60 244 300 19264 18964 088 26 006

S15-shy‐025 270 -shy‐45 181 1100 16600 15500 074 16 005

S15-shy‐026 270 -shy‐45 260 12050 22095 10045 092 22 006

S15-shy‐028 270 -shy‐50 254 500 22900 22400 061 29 007

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 402 014And 20200 24973 4773 049 302 013

All13 values13 are13 un-shy‐cutAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

sup3

sup3

sup3sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

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sup3

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sup3sup3

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sup3

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sup3 sup3

sup3 sup3

sup3

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sup3

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sup3

sup3 sup3

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sup3

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sup3

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sup3

sup3

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sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3

$1

$1

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$1$1

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$1$1

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$1 $1$1

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1600 m

S15-037

S15-035S15-029

S15-027

S15-026

S15-025

S15-032S15-030

S15-039S15-022S15-024

S15-040

S15-036S15-034 S15-060

S15-031

S15-028S15-041

S15-043

S15-049

S-4S-3

S-2

S15-038

4850N

4890N

5035N

5010N

5195N

S15-047

S15-044 S15-046

S15-050

S15-042

S15-048

S15-045

S15-052

S15-051

4975N

5150N

5235N

5095N

4810N

4750N

4700N

4930N

5285N

S91-82

14-SP-009

S91-83

S91-73

S91-66

S89-34

S91-71

S80-21

S91-70

S91-85

S91-78

S91-86

S90-46

S91-74

S80-13

14-SP-001

14-SP-004

S80-14

S91-81

14-SP-007

S91-68

S91-79

S91-63

S91-84

S90-51

S89-35

14-SP-006S90-59

S80-11

S90-52

S90-49

S90-54

S92-90

S80-12

S90-55

S91-80

S89-37

S79-08

S80-22

S90-56

S90-44

S79-06

S91-64

S90-50

S90-45

S90-58

S90-60

S90-43

S91-75

S92-92

S92-91

S89-36

S80-17

S90-61

S-1

S89-41

14-SP-005

S80-20

S90-47

14-SP-002

14-SP-008

S79-03

S80-26

S80-24

S80-18

S89-33

S80-28

S80-15

S79-02

S79-10

S90-62S91-67

S79-01

S90-57

S79-05

S80-27

S80-25

S79-07

S80-19

S79-04

S79-09

S90-48

S91-65

S91-69

S91-72S91-76

S91-77

14-SP-003

S80-16

S90-53

S89-39

S15-015

S15-010

S15-012

S15-017

S15-016

S15-011

S15-013S15-014

S15-018

S15-019

S15-020

S15-023

S15-056

S15-053

S15-054

S15-058

S15-064

S15-055

S15-057

S15-059

S15-033

S15-061

S15-063

S15-064

S15-062

S15-065S15-066

S15-068

S15-067S15-070

S15-069S15-021

Mt Edziza FlowsMt Edziza Flows

Stuhini VolcanicsStuhini Volcanics

Stuhini VolcanicsStuhini Volcanics

1500 m

1700 m

410800

410800

411000

411000

411200

411200

411400

411400

411600

411600

411800

411800

6394

600

6394

600

6394

800

6394

800

6395

000

6395

000

6395

200

6395

200

0 50 100 15025

Meters

sup3

500 Colour Zone

Central Zone(Porphyry and QC Structures)

O P E N

O P E N

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Exploration Trail

Cross Section Line

Monzonite

sup3$1 2015 Drill Hole (Complete)

sup3 2015 Drill Hole (In Progress)$1

sup3 2014 Drill Hole

sup3 Historic Drill Hole

$1

$1

Road Zone

Spectrum GoldDiamond Drill Hole Plan Map

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 0020

Date - 2012610 5Drawn By - CSG

TSX-V SKE

O P E N

Boundary Zone

O P E N

O P E N

O P E NO P E N

O P E N

300 Colour Zone

O P E N

O P E N

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410800 E

410850 E

410850 E

410900 E

410900 E

410950 E

410950 E

6395200 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m 1600 m

1650 m 1650 m

1700 m 1700 m

2m 464 gt Au

100 m

S15-066

S15-066

TSXV SKE

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410820 E

410840 E

410860 E

410880 E

410880 E

410900 E

410900 E

410920 E

410920 E

410940 E

410940 E

410960 E

410960 E

410980 E

410980 E

6395080 N

6395100 N

6395120 N

6395140 N

6395140 N

6395160 N

6395160 N

6395180 N

6395180 N

6395200 N

6395200 N

6395220 N

6395220 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m

1650 m 1650 m

1700 m 1700 m

559

294552

m 115 gt Au

2m 231 gt Au

100 m

S15-068

S15-068

S89-37

S89-3

7

S90-43

S90-43

100 m

S90-44

S90-44

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4610N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Monzonite (Lower)

100 m

200 m

S15-058

S15-058

(NSV)

100 m

200 m

S15-059

S15-059(NSV)

S90-49

100 m

S90-49

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4645N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-054

S15-054

(NSV)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4700N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

100 m

300 m

S15-043

S15-043

100 m

200 m

300 m

S90-50

100 m

S90-50

300 m

200 m

100 m

S15-061

S15-061

S15-063

S15-063

101m 072 gt Au

137m 112 gt Au

4m 2424 gt AuIncluding2m 448 gt Au

114m 1673 gt AuIncluding2m 818 gt Au

4m 2659 gt AuIncluding2m 465 gt Au2m 668 gt Au

2m

335 gt Au

2m 234 gt Au

2m 208 gt Au

2m 247 gt Au

18m 269 gt Au

2m 206 gt Au

2m 485 gt Au

2m 273 gt Au

2m 405 gt A

uIncluding2m 578 gt Au

2m 119 gt Au

2m 289 gt A

u

8m 404 gt AuIncluding

2m 875 gt Au

4480

8180

4650668

578

1190

875

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-009

14-SP-009

100 m

200 m

S15-010

S15-010

100 m

200 m

S15-013

S15-013

100 m

200 m

S15-014

S15-014

100 m

200 m

300 m

400 m

S15-045

S15-045

300 m

100 m

S79-02

S79-02

100 m

S80-18

S80-18

100 m

S89-34

S89-34

100 m

200 m

S15-055

S15-055

100 m

200 m

300 m

400 m

S15-064

S15-064

17m

419 gt Au

2m 292 gt Au

198m 134 gt Au

212m 224 gt Au

17m 1783 gt Au

141m 028 gt Au

31m

02 gt Au

127m 126 gt AuIncluding13m 338 gt Au2m 222 gt Au2m 227 gt Au2m 290 gt Au10m 23 gt Au

1695m 495 gt AuIncluding7m of 795 gt Au

33m 184 gt AuIncluding15m 475 gt Au

36m 164 gt AuIncluding2m 221 gt Au

2m 168 gt Au

2m 107 gt Au

4m 1367 gt Au

2m 179 gt Au

2m 10 gt Au

1m 111 gt Au

2m 2545 gt Au

6m 312 gt Au

2m 213 gt Au

175m 117 gt Au

2m 281 gt Au

14m 159 gt Au

19m 544 gt Au

415m 214 gt Au

4m 318 gt Au

2m 243 gt Au

5m 225 gt Au

4m 16 gt Au

2m 213 gt Au

2m 235 gt Au

14m 827 gt Au

6m 309 gt AuIncluding

1m 231 gt Au

2m 325 gt Au

2m 575 gt A

u

5252210

10001110

25450

9282210

1590

960

12101240

2130

1170

827

2310

575

1460

607

2256

614

1783

934

(Looking North)

Spectrum Gold Project - Section 4750N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

536

843

979

856

212

265328

240

205334

383

233

354203

950

271

247

345211

439

2983780

223

204

4980

287285

641774

238

918

207

296224

247214

223

398

799

353

219

226288

254

219

562

247

233

785

298

291

1196675

273

683

967

556

6021020

231

495

1200

390

220

3500

684447

356

756

590

324

220

451

832

645

1390

804

6m 786 gt Au

16m 856 gt Au

738m 179 gt Au

38m 128 gt Au

6m 207 gt Au

4m 286 gt Au

4m 708 gt Au

40m 131 gt Au

425m 136 gt Au

799m 156 gt Au

1247m 084 gt Au

61m 162 gt AuIncluding2m 238 gt Au4m 562 gt Au6m 199 gt Au2m 247 gt Au2m 214 gt Au

36m 104 gt AuIncluding5m 2 gt Au2m 228 gt Au135m 24 gt Au

12m 362 gt AuIncluding2m 95 gt Au

184m 64 gt AuIncluding39m 2527 gt AuAlso Including19m 50 gt Au

17m 18 gt AuIncluding20m 683 gt Au30m 245 gt Au

17m 967 gt Au

11m 31 gt AuIncluding22m 556 gt Au

6m 544 gt AuIncluding2m 102 gt Au

15m 456 gt Au

66m 1059 gt AuIncluding14m 378 gt Au

2m

231 gt Au

8m 536 gt AuIncluding2m 12 gt Au

14m 782 gt AuIncluding2m 35 gt Au

2m

756 gt Au

2m

59 gt A

u

225m

22 gt Au

15m

451 gt Au

2m 236 gt Au

2m 251 gt Au

2m 832 gt Au

2m 46 gt Au

26m 1018 gt Au

09m 804 gt Au

200 m

S15-011

S15-011

S15-012

S15-012

100 m

S15-016

S15-016

100 m

200 m

300 m

S15-042

S15-042

100 m

S15-048

S15-048(NSV)

100 m

200 m

S15-049

S15-049

100 m

200 m

300 m

S15-052

S15-052

100 m

200 m

300 m

S15-057

S15-057

100 m

S79-01

S79-01

S79-03

S80-19

S80-19

100 m

S92-92

S92-92

S15-070

100 m

200 m

300 m

400 m

S15-07

0

(Looking North)

Spectrum Gold Project - Section 4810N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

294

288

883613587

228

379

7450

504

254

1220

879

222

207

286

222

229

706

315

312

291

607

363

315

459

2670

594

2m 294 gt Au

2m 288 gt Au

2615m 821 gt AuIncluding915m 473 gt AuAlso Including215m 88 gt Au15m 61 gt Au2m 59 gt Au35m 442 gt AuAlso Including2m 745 gt Au

44m 112 gt AuIncluding2m 254 gt Au15m 122 gt Au

1m 879 gt Au

137m 064 gt Au

14m 262 gt Au

6m 204 gt Au

87m 286 gt Au

8m 218 gt Au

55m 344 gt Au

6m 555 gt Au

20m

222 gt Au

22m 207 gt Au

2m 286 gt A

u2m 222 gt A

u

2m 225 gt Au

2m 476 gt Au

1m 267 gt Au

11m 282 gt A

u

21m 293 gt Au

2m 266 gt Au

14m 594 gt Au

200 m

S15-015

S15-015

S15-021

S15-021

100 m

S15-028

100 m

200 m

300 m

S15-051

S15-051

100 m

200 m

300 m

S15-056

S15-056

S15-062

(NSV)

300 m

400 m

500 m

S15-062(Cont on 4890N)

S80-23

100 m

S80-23100 m

S80-26

S80-2

6100 m

S80-27

S80-27

S90-48

S90-48

S15-028

100 m

200 m

300 m

400 m

S15-067

S15-067

S15-069

100 m

200 m

400 m

S15-069

(Cont on 4890N)

(Looking North)

Spectrum Gold Project - Section 4850N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

41

11

00

E4

11

10

0 E

41

11

50

E4

11

15

0 E

41

12

00

E4

11

20

0 E

41

12

50

E4

11

25

0 E

41

13

00

E4

11

30

0 E

41

13

50

E4

11

35

0 E

41

14

00

E

41

14

50

E

41

15

00

E4

11

50

0 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

243

316

295

266697256

272359

879

925690

256

274

268

283

829

207

473

582

586

1860427

995

592

983

8090

288

240

405

1587

442

405

261

208

1020

12m 154 gt AuIncluding2m 243 gt Au4m 306 gt Au

21m

09 gt Au

135m 278 gt AuIncluding2m 697 gt Au

1m 879 gt Au

6m 555 gt Au

2m 256 gt Au

4m 271 gt Au

2m 283 gt Au

1m 829 gt Au

2m 473 gt Au

135m 582 gt Au

2m 586 gt Au

93m 395 gt AuIncluding13m 186 gt Au2m 427 gt Au

15m 995 gt Au1m 592 gt Au

23m 809 gt Au

9m 173 gt Au

122m 157 gt Au

85m 123 gt Au

47m 279 gt Au

19m 39 gt Au

144m 117 gt Au

2m 983 gt A

u

2m 253 gt A

u

1m 102 gt A

u

100 m

200 m

S15-019

S15-019

S15-028

S15-028

100 m

200 m

S15-031

S15-031

100 m

200 m

S15-041

S15-041

100 m

200 m

300 m

S15-050

S15-050

100 m

200 m

300 m

S15-053

S15-053

S15-062

(Cont from

4850N)

600 m

S15-062(NSV)

S79-04S79-05

S79-05

S79-06

S79-06

S79-07

S79-08

S79-08

S80-23

S80-23

S80-28

S80-28

100 m

S89-35

S89-35

100 m

S92-91

S92-91

S1

5-0

69

(Co

nt fro

m 4

85

0N)

400

m

S1

5-0

69

(Looking North)

Spectrum Gold Project - Section 4890N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

500 Colour Zone

Central Zone(Porphyry and QC structures)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure

MAIN amp NORTH DONNELLY ZONES - MEASURED PLUS INDICATED RESOURCE

Cut-off

(Cu )

Tonnes gt Cut-off

(tonnes)

Grade gt Cut-off

Contained Metal

Cu ()

Au (gt)

Million lbs Cu

Million ozs Au

015

183970000

028

032

113583

1899

020

133670000

032

036

94023

1560

025

90170000

037

041

72571

1183

030

60690000

041

045

54867

0880

035

39400000

046

050

39790

0628

040

25880000

050

054

28647

0448

045

16150000

055

059

19586

0307

050

9510000

060

066

12666

0202

MAIN amp NORTH DONNELLY ZONES - INFERRED RESOURCE

Cut-off

(Cu )

Tonnes gt Cut-off

(tonnes)

Grade gt Cut-off

Contained Metal

Cu ()

Au (gt)

Million lbs Cu

Million ozs Au

015

100190000

022

028

49044

0912

020

53690000

026

033

31254

0570

025

29510000

030

036

19391

0344

030

11590000

034

041

8587

0151

035

2870000

038

046

2424

0042

040

510000

046

046

517

0008

045

240000

051

049

269

0004

050

110000

056

058

135

0002

Page 5:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

6

GJ Copper-Gold Project

wwwskeenaresourcescom 7

gt Option to earn 100 interest from Teck and NGEx

gt 38374 Ha property 25 km from Red Chris which has similar geology and grades

gt Excellent access and infrastructure including grid power

gt Long term call option on copper and gold prices

gt The Donnelly porphyry deposits have an updated independent 43-101 Resource Estimate of 940 million lbs Cu and 156 million oz Au in the Measured and Indicated categories and 3125 million lbs Cu and 057 million oz Au in the Inferred category

gt Potential for expansion of Donnelly deposits to west and at depth

gt GJ also includes high-grade Au-Ag prospects similar to SpectrumSee page 8 and Skeena News Release of January 14 2016 for details of the resource estimate Mineral resources that are not mineral reserves do not have demonstrated economic viability Mineral resource estimates do not account for mineability selectivity mining loss and dilution These mineral resource estimates include inferred mineral resources that are normally considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves There is also no certainty that these inferred mineral resources will be converted to measured and indicated categories through further drilling or into mineral reserves once economic considerations are applied

Donnelly Deposits - Updated 43-101 Resource

wwwskeenaresourcescom 8

By Gary HGiroux MASc PEngFor details see January 14 2016 Skeena news release

Spectrum Goldgt 100 ownership interestgt High-grade gold zones occur within a broader halo of porphyry-style gold-

copper mineralization

gt Host is Triassic Stuhini Group volcanics amp sediments at the contact of aTriassic-Jurassic porphyry intrusion

gt High-grade gold is related to steeply dipping panels of stockwork quartz-carbonate-sulphide veinlet extending over 650 metres of strike

gt Mineralization remains open along strike and at depth appears related tohydrothermal fluids associated with the porphyry intrusion

gt Its characteristics are consistent with the upper portion of an alkaliporphyry-style Cu-Au deposit similar to other important deposits in theStikine

wwwskeenaresourcescom 9

Geology and Mineralized Zones

wwwskeenaresourcescom 10

Tovia Orange

Summary of Mineralized Zones

wwwskeenaresourcescom 11

Name Description

Central Zone

QC Structure North-striking zone of fractured silicified volcanic rocks 30 to 70 m east of the monzonite dyke containing 2 main parallel high grade gold-bearing structures that pinch and swell along a strike length of 650 m Best drill intercept of 3176 gt Au over 60 m

Porphyry Structure Parallel to QC zone lies 0-30m east of monzonite dyke Contains two high-grade gold zones of variable width and grade within a shell of lower-grade disseminated Cu-Au mineralization 2014 drill intercepts include 106 gt Au over 270 m

500 Colour Zone Northwest-striking branch of QC-Porphyry zones related to monzonitic dyke swarm Drilled for 450 m strike length with erratic gold intercepts Best drill intercept 2545 gt Au Over 20 m

33 Zone Easterly trending splay from main monzonite dyke intersected in one drill hole (8 m 11 gt Au)

300 Colour Zone One drill hole yielded 21 m 559 gt Au and 04 m 2945 gt Au

Boundary Zone Anomalous gold in propylitic altered volcanic drill intercept of 072 gt (0021 ozton) over 103 m

4440 Zone Defined at surface only no drilling 79 gt Au over 07 m surface channel sample

Skarn (Malachite) Showing Along southwest-trending splay of Monzonite dyke Surface channel sample 20 m long returned 29 gt Au and 05 Cu

West Creek Showing Gold-copper soil anomaly no drilling Surface channel sample 10 Cu 31 gt Au 3771 gt (110 ozton) Au over 415 m

GR Showing Gold-copper soil anomaly no drilling Rock grab samples to 3428 gt Au (100 ozton)

East Creek Zone North-trending 5 m wide silicified zone traced at surface for 600m strike length High grade gold with pyrite arsenopyrite chalcopyrite and sphalerite Drill intercept of 26 m 3445 gt Au trench sample 26 m 584 gt Au

Hawk Vein North-trending traced for 200m strike underground Best gold grades Surface 2914 gt Au (085 ozton) over 035 m Adit 668 gt Au (0195 ozton) over 10 m

ozshort ton converted to gramstonne using the conversion factor 10 ozton = 3428 gtonne

Spectrum Free Gold in Drill Coregt Visible gold has been identified in about 40 of the holes logged to date

in 2015

wwwskeenaresourcescom 12

Metallurgy ndash Gravity and Cyanide A bench-scale metallurgical test was conducted on 2014 drill core obtained from throughout two of the mineralized zones The work was performed by Saskatchewan Research Council under the supervision of Michael Yakimchuk P Eng (see news release of May 12 2015)

wwwskeenaresourcescom 13

QC Structure

gtThe composite head-feed sample was calculated to be 1396 gt Au as compared tothe weighted average of 1350 gt for the individual drill core sample assays

gtA gravity recovery test yielded gold recovery of 564

gtAn overall gold recovery of 988 was obtained when both gravity and subsequentcyanide leaching of the gravity tails were performed

Porphyry Structure

gtThe composite head feed sample was calculated to be 876 gt Au as compared to theweighted average of 1055 gt for the individual drill core samples

gtA gravity recovery test yielded gold recovery of 246

gtAn overall gold recovery of 916 when both gravity and subsequent cyanide leachingof the gravity tails were performed

Metallurgy ndash Flotation StudiesBench scale test work completed at SRC under the direction of Michael YakimchukP Eng has shown that the mineralized rock also returns high gold recovery when using a flotation process (see news release of July 20 2015)

gt Samples from the QC structures in the Central zone were upgraded by flotation from a composite head grade of 944 to over 22 gt Au with an average overall recovery of 85 with multiple tests yielding gold recoveries over 95

gt Samples from the Porphyry structures in the Central zone were upgraded from a composite head grade 969 gt to an average of over 364 gt with average overall recovery of 928 and multiple tests yielding gold recoveries over 95

Conclusion the positive results from each of gravity cyanidation and flotation tests demonstrate there is flexibility for future mineral processing of the mineralization Additional test work is planned after the 2015 field season

wwwskeenaresourcescom 14

Management and Share StructureDirectors amp Management

Ron Netolitzky MSc Chairman Director

Walt Coles Jr President amp CEO Director

Rupert Allan PGeol Vice President of Exploration Director

Michael Cathro MSc PGeo Vice President of Operations

Peter Tredger MBA PEng Director

Karen Allan CMA CFOCorporate Secretary

Share Structure (as at Nov 9 2015)

Shares Outstanding 325401172

Options ($010 strike price)

Warrants ($010 strike price)

Fully Diluted

Working Capital

14700000

40397000

380498172

$4 million

Includes 76663517 common shares in escrow

wwwskeenaresourcescom 15

The ExpertiseSkeenarsquos Board and Management has considerable exploration and development experience in northwestern British Columbia

Ron Netolitzky was one of the primary developers behind the Snip Mine that Cominco placed into production and Eskay Creek which was developed by Homestake and Barrick For these achievements amongst numerous other international accomplishments Mr Netolitzky received the Prospector of the Year award from the PDAC and Developer of the Year award from the BC amp Yukon Chamber of Mines Ron was also inducted into the Canadian Mining Hall of Fame in 2015

Peter Tredger was one of the developers of the Golden Bear mine as well as being intimately involved with the merger of Blue Pearl Resources and the expansion of the Thompson Creek Metals portfolio

Rupert Allan P Geol is a consulting geologist with 45 yearsrsquo experience in base and precious metals exploration throughout Canada and internationally He has worked extensively in northwest British Columbia and was instrumental in the permitting and development of the Brewery Creek heap leach gold mine in the Yukon

Michael Cathro P Geo is a registered professional geoscientist in British Columbia and holds a BSc from Queens University and a MSc from the Colorado School of Mines Mr Cathros 35-year career has included work as an exploration geologist on gold and base-metal projects in Canada and overseas and 17 years in technical and management roles with the BC Ministry of Energy Mines and Petroleum Resources

wwwskeenaresourcescom 16

Past SuccessesSpectrumrsquos Past Exploration Development Success Ratio

gt 243600 historical oz of Au from 11902 m of historical drilling

gt 205 oz Au discovered for every metre drilled

gt Assuming $250 per metre drilling cost = $1220 per oz Au discovery cost

Historic mines in NW British Columbia where Netolitzky was the driving forcebehind their development

gt Snip Gold Minersaquo 1 million oz Au produced at 25 gt

gt Eskay Creek Minersaquo 327 million oz Au produced at 49 gtrsaquo 158 million oz Ag produced at 2406 gt

wwwskeenaresourcescom 17

Past performance should not be construed to mean future drill results and exploration development success will be guaranteedThis estimate precedes NI 43-101 and is not to be relied upon This estimate is not current and a Qualified Person has not done sufficient work toclassify the historical estimate and Skeena is not treating the historical estimate as a current resource

Contact Information

wwwskeenaresourcescom 18

Tony PerriManager Investor Relations

tperriskeenaresourcescomTel +16046848725Dir +16045587681Fax +16045587695

Skeena Resources LimitedSuite 650 ndash 1021 West Hastings StreetVancouver British Columbia Canada

V6E 0C3

wwwskeenaresourcescomTSX Venture Exchange SKE

Appendix

Figures from 2015 Spectrum Drill Program

gt Table of Intersectionsgt Drill plangt Cross-sectionsgt Gold in soil maps

wwwskeenaresourcescom 19

Page13 113 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐010 270 -shy‐52 278 340 700 360 164including 500 700 200 221

9430 9600 170 41914500 14700 200 292 01119900 20040 140 159

S15-shy‐011 270 -shy‐45 2235 600 1200 600 7862000 2160 160 8564800 8400 3600 104 30 010

including 5000 5500 500 200and 6200 6400 200 328 011and 7100 7235 135 240 136 062

11000 11738 738 179 56 01313000 14200 1200 362 52 016

including 14000 14200 200 95 90 024

S15-shy‐012 270 -shy‐55 251 3500 7300 3800 12810200 10860 660 1059 31 019

including 10550 10690 140 37814000 14600 600 207 15019760 21600 1840 640 88

including 19760 20150 390 2527 595 033including 19960 20150 190 498 1180 063

21200 21600 400 286 8823400 23800 400 708 175 012

S15-shy‐013 270 -shy‐45 200 300 13000 12700 126 52 015including 2000 3300 1300 338 77 024

and 2720 2940 220 96 115 036and 3100 3300 200 450 138 031and 4800 5000 200 222and 7800 8000 200 227 59 016and 10800 11000 200 290 011and 12000 13000 1000 230 53 014

S15-shy‐014 270 -shy‐58 2175 300 700 400 3181900 2100 200 243

Page13 213 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 3000 3500 500 225 0225100 5500 400 160 0247700 9395 1695 495 205 070

including 8300 9000 700 795 355 09315300 15500 200 213 6317100 17275 175 11720800 21000 200 281 72 011

S15-shy‐015 270 -shy‐50 259 2800 3000 200 2943800 4000 200 28816385 19000 2615 821

Including 16385 17300 915 473And 16385 16600 215 883And 16750 16900 150 613And 17100 17300 200 587And 18050 18400 350 442 75

Including 18200 18400 200 745 85

S15-shy‐016 270 -shy‐48 179 3400 9500 6100 162 014Including 3400 3600 200 238

And 4800 5200 400 563 96 022Including 4800 5000 200 918 110 022

And 6500 7100 600 199 012And 8700 8900 200 247 011And 9300 9500 200 214 55 014

S15-shy‐017 270 -shy‐55 193 10315 10400 085 979 430012800 13600 800 1046 83

including 12800 13030 230 3333 267 01315740 16100 360 116818000 18275 275 279 54 010

S15-shy‐018 270 -shy‐45 302 13900 14130 230 11118300 18500 200 613 01022100 22700 600 544 234

Including 22500 22700 200 132 63825100 25300 200 237

Page13 313 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐019 270 -shy‐50 215 1900 3100 1200 155including 1900 2100 200 243

And 2700 3100 400 3069600 11700 2100 090 01015900 17250 1350 278

Including 16300 16500 200 697

S15-shy‐020 270 -shy‐45 258 23600 23800 200 251

S15-shy‐021 270 -shy‐50 605 Hole13 abandonded13 in13 fault13 Poor13 recovery13 No13 significant13 values

S15-shy‐022 270 -shy‐50 254 15000 15200 200 78616800 17000 200 13517410 18900 1490 897

Including 17410 17700 290 3851 54Including 17410 17562 152 347

And 17562 17700 138 427 81

S15-shy‐023 270 -shy‐45 225 6000 8590 2590 077 011Including 8000 8200 200 458 012

16500 16700 200 243 01019300 19660 360 561 103

Including 19300 19460 160 917 13520800 21000 200 211 85

S15-shy‐024 270 -shy‐60 244 3200 3400 200 2937600 8000 400 35913625 13716 091 641 24017020 17220 200 314 5118300 19264 964 681 207 009

Including 18700 18870 170 141 204 014

S15-shy‐025 270 -shy‐45 181 1100 1300 200 3144100 4900 800 414

Including 4100 4215 115 172 98 01511100 13400 2300 143

Page13 413 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 Including 11100 11300 200 276

And 12800 13000 200 531

S15-shy‐026 270 -shy‐45 260 800 1000 200 477 12212250 12450 200 22414870 15270 400 31218250 19050 800 567 015

Including 18250 18450 200 89 80 027And 18850 19050 200 101 014

S15-shy‐027 266 -shy‐48 266 19400 19600 200 251

S15-shy‐028 270 -shy‐50 254 500 4900 4400 112Including 1100 1300 200 254

And 3500 3650 150 12216600 16700 100 87919800 20400 600 555 54

S15-shy‐029 266 -shy‐45 219 14740 14900 160 411 01120500 20700 200 735 5910

S15-shy‐030 270 -shy‐45 265 21450 21550 100 587 252024700 24900 200 213

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022Including 2900 3100 200 256 013

And 9300 9700 400 271 58 021And 10900 11100 200 283 013And 13500 13600 100 829 67 011And 19300 19500 200 473 145 032And 21700 21835 135 582 228 435

S15-shy‐032 270 -shy‐45 2943

S15-shy‐033 270 -shy‐45 117

S15-shy‐034 270 -shy‐57 196

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 513 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐035 265 -shy‐45 2425 2900 3100 200 25515900 16100 200 27816750 16900 150 670 713 08423020 23130 110 648 741

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008Including 14215 14675 460 180 75

S15-shy‐037 265 -shy‐45 220 3700 4100 400 315 5416900 17100 200 224 011

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010Including 1000 1200 200 334

And 11400 12400 1000 184 82 018

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017Including 1700 6100 4400 140 68 017Including 3100 3300 200 626 014

S15-shy‐040 265 -shy‐45 299 16900 18300 1400 190Including 16900 17000 100 704 77

And 17400 17510 110 582 10820570 20780 210 446 126 02323280 23930 650 13623280 23350 070 530 259 041

S15-shy‐041 265 -shy‐50 214 8500 8700 200 586 7814570 15500 930 395

Including 14570 14700 130 186And 15300 15500 200 427

19050 19200 150 995 53321300 21400 100 592 61

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005Including 2500 4200 1700 179Including 2500 2700 200 683 53

Page13 613 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 11330 11500 170 96716500 17600 1100 310

Including 16710 16930 220 55619200 19800 600 544 11119600 19800 200 102 29020700 20850 150 456

S15-shy‐043 265 -shy‐45 362 19700 20100 400 2424Including 19900 20100 200 448

21060 22200 1140 1673Including 21600 21800 200 818 56

23000 23400 400 2659Including 23000 23200 200 465

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 40 014Including 5700 5900 200 662 68 027

And 14100 14300 200 327 54 01320200 24973 4773 049 30 013

S15-shy‐045 265 -shy‐45 275 18500 18700 200 21321700 21900 200 235

S15-shy‐046 265 -shy‐45 266 4000 4400 400 30615900 16100 200 41919200 19600 400 1697 100

Including 19400 19600 200 298 150 015

S15-shy‐047 265 -shy‐45 320 12200 12400 200 23325495 25635 140 154 210 011

S15-shy‐048 265 -shy‐55 1498

S15-shy‐049 265 -shy‐45 269 12500 12700 200 23118500 19300 800 536

Including 18700 18900 200 12021100 22500 1400 782 011

Including 21500 21700 200 350 79 022

Abandoned13 Before13 Zone13 -shy‐13 No13 Significant13 Values

Page13 713 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 23500 23700 200 75624300 24500 200 590

S15-shy‐050 265 -shy‐50 338 28800 29000 200 983

S15-shy‐051 265 -shy‐50 385 2800 3000 200 2229030 9250 220 20721950 22150 200 286 117 01323750 23950 200 222

S15-shy‐052 265 -shy‐46 365 22575 22800 225 22029650 29800 150 451

S15-shy‐053 256 -shy‐46 341

S15-shy‐054 252 -shy‐45 256

S15-shy‐055 265 -shy‐45 3813 20000 20600 600 309Including 20460 20600 140 827

28650 28750 100 2310

S15-shy‐056 265 -shy‐50 365 25600 25800 200 22531300 31500 200 47635900 36000 100 267

S15-shy‐057 265 -shy‐46 395 21700 21900 200 236 37130200 30400 200 25132800 33000 200 832 127 038

S15-shy‐058 265 -shy‐45 212

S15-shy‐059 265 -shy‐65 21430

S15-shy‐060 265 -shy‐45 422 20700 21300 600 327Including 21100 21300 200 589

25200 27000 1800 613 008Including 25800 25900 100 110 010

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 813 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 And 26400 26500 100 300 52 006And 26830 27000 170 306 019

30400 30600 200 210

S15-shy‐061 265 -shy‐45 317 18000 18200 200 33518800 19000 200 23422400 30000 7600 113 24 006

including 22400 22600 200 208And 24600 24800 200 247And 26400 28200 1800 269

Including 26400 26600 200 578 63And 28000 28200 200 1190

29800 30000 200 206 84

S15-shy‐062 263 -shy‐45 740

S15-shy‐063 265 -shy‐45 4472 21930 22130 200 485 642 05323600 23800 200 27328400 28600 200 40539800 41800 2000 187

Including 39600 40400 800 404Including 40200 40400 200 875

41800 42000 200 289

S15-shy‐064 265 -shy‐45 473 19100 19300 200 325 106033600 33800 200 575

S15-shy‐06513 (Boundary)

265 -shy‐45 265 2800 3000 200 332

12686 12800 114 1050

S15-shy‐06613 13 13 13 (30013 Colour)

70 -shy‐50 182 3200 3400 200 464

S15-shy‐067 270 -shy‐50 404

No13 Significant13 Values

No13 Significant13 Values

Page13 913 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐06813 13 13 13

(30013 Colour)50 -shy‐50 242 5000 10200 5200 115

Including 5200 6800 1600 18713200 13400 200 231

S15-shy‐069 270 -shy‐45 470 5600 5810 210 293 1016400 6600 200 26629865 30005 140 594 7942000 42200 200 253 01042580 42680 100 1020 1170 024

S15-shy‐070 270 -shy‐46 449 33600 33800 200 46039340 39600 260 1018 660 02141110 41200 090 804 011

NotesAll13 values13 are13 un-shy‐cutTrue13 width13 is13 estimated13 to13 be13 5513 to13 7013 of13 down13 hole13 intervalAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

Porphyry13 Au-shy‐Ag-shy‐Cu13 Intervals13 for13 201513 Spectrum13 holes

DDH13 Azimuth DipTotal13

Depth13 (m)From13 (m) To13 (m)

Interval13 (m)

Au13 gt13 (uncut) Ag13 gt Cu13

S15-shy‐011 270 -shy‐45 2235 300 20600 20300 097 33 012

S15-shy‐012 270 -shy‐55 251 250 23800 23550 141 42 007

S15-shy‐013 270 -shy‐45 200 300 19800 19500 075 39 015

S15-shy‐014 270 -shy‐58 2175 300 21200 20900 122 48 017

S15-shy‐016 270 -shy‐48 179 1130 17600 16470 090 41 014

S15-shy‐023 270 -shy‐45 225 430 21000 20570 047 28 009

S15-shy‐024 270 -shy‐60 244 300 19264 18964 088 26 006

S15-shy‐025 270 -shy‐45 181 1100 16600 15500 074 16 005

S15-shy‐026 270 -shy‐45 260 12050 22095 10045 092 22 006

S15-shy‐028 270 -shy‐50 254 500 22900 22400 061 29 007

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 402 014And 20200 24973 4773 049 302 013

All13 values13 are13 un-shy‐cutAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

sup3

sup3

sup3sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

sup3

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sup3

sup3

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sup3 sup3

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sup3

sup3

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sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3

$1

$1

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1600 m

S15-037

S15-035S15-029

S15-027

S15-026

S15-025

S15-032S15-030

S15-039S15-022S15-024

S15-040

S15-036S15-034 S15-060

S15-031

S15-028S15-041

S15-043

S15-049

S-4S-3

S-2

S15-038

4850N

4890N

5035N

5010N

5195N

S15-047

S15-044 S15-046

S15-050

S15-042

S15-048

S15-045

S15-052

S15-051

4975N

5150N

5235N

5095N

4810N

4750N

4700N

4930N

5285N

S91-82

14-SP-009

S91-83

S91-73

S91-66

S89-34

S91-71

S80-21

S91-70

S91-85

S91-78

S91-86

S90-46

S91-74

S80-13

14-SP-001

14-SP-004

S80-14

S91-81

14-SP-007

S91-68

S91-79

S91-63

S91-84

S90-51

S89-35

14-SP-006S90-59

S80-11

S90-52

S90-49

S90-54

S92-90

S80-12

S90-55

S91-80

S89-37

S79-08

S80-22

S90-56

S90-44

S79-06

S91-64

S90-50

S90-45

S90-58

S90-60

S90-43

S91-75

S92-92

S92-91

S89-36

S80-17

S90-61

S-1

S89-41

14-SP-005

S80-20

S90-47

14-SP-002

14-SP-008

S79-03

S80-26

S80-24

S80-18

S89-33

S80-28

S80-15

S79-02

S79-10

S90-62S91-67

S79-01

S90-57

S79-05

S80-27

S80-25

S79-07

S80-19

S79-04

S79-09

S90-48

S91-65

S91-69

S91-72S91-76

S91-77

14-SP-003

S80-16

S90-53

S89-39

S15-015

S15-010

S15-012

S15-017

S15-016

S15-011

S15-013S15-014

S15-018

S15-019

S15-020

S15-023

S15-056

S15-053

S15-054

S15-058

S15-064

S15-055

S15-057

S15-059

S15-033

S15-061

S15-063

S15-064

S15-062

S15-065S15-066

S15-068

S15-067S15-070

S15-069S15-021

Mt Edziza FlowsMt Edziza Flows

Stuhini VolcanicsStuhini Volcanics

Stuhini VolcanicsStuhini Volcanics

1500 m

1700 m

410800

410800

411000

411000

411200

411200

411400

411400

411600

411600

411800

411800

6394

600

6394

600

6394

800

6394

800

6395

000

6395

000

6395

200

6395

200

0 50 100 15025

Meters

sup3

500 Colour Zone

Central Zone(Porphyry and QC Structures)

O P E N

O P E N

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Exploration Trail

Cross Section Line

Monzonite

sup3$1 2015 Drill Hole (Complete)

sup3 2015 Drill Hole (In Progress)$1

sup3 2014 Drill Hole

sup3 Historic Drill Hole

$1

$1

Road Zone

Spectrum GoldDiamond Drill Hole Plan Map

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 0020

Date - 2012610 5Drawn By - CSG

TSX-V SKE

O P E N

Boundary Zone

O P E N

O P E N

O P E NO P E N

O P E N

300 Colour Zone

O P E N

O P E N

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410800 E

410850 E

410850 E

410900 E

410900 E

410950 E

410950 E

6395200 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m 1600 m

1650 m 1650 m

1700 m 1700 m

2m 464 gt Au

100 m

S15-066

S15-066

TSXV SKE

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410820 E

410840 E

410860 E

410880 E

410880 E

410900 E

410900 E

410920 E

410920 E

410940 E

410940 E

410960 E

410960 E

410980 E

410980 E

6395080 N

6395100 N

6395120 N

6395140 N

6395140 N

6395160 N

6395160 N

6395180 N

6395180 N

6395200 N

6395200 N

6395220 N

6395220 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m

1650 m 1650 m

1700 m 1700 m

559

294552

m 115 gt Au

2m 231 gt Au

100 m

S15-068

S15-068

S89-37

S89-3

7

S90-43

S90-43

100 m

S90-44

S90-44

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4610N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Monzonite (Lower)

100 m

200 m

S15-058

S15-058

(NSV)

100 m

200 m

S15-059

S15-059(NSV)

S90-49

100 m

S90-49

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4645N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-054

S15-054

(NSV)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4700N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

100 m

300 m

S15-043

S15-043

100 m

200 m

300 m

S90-50

100 m

S90-50

300 m

200 m

100 m

S15-061

S15-061

S15-063

S15-063

101m 072 gt Au

137m 112 gt Au

4m 2424 gt AuIncluding2m 448 gt Au

114m 1673 gt AuIncluding2m 818 gt Au

4m 2659 gt AuIncluding2m 465 gt Au2m 668 gt Au

2m

335 gt Au

2m 234 gt Au

2m 208 gt Au

2m 247 gt Au

18m 269 gt Au

2m 206 gt Au

2m 485 gt Au

2m 273 gt Au

2m 405 gt A

uIncluding2m 578 gt Au

2m 119 gt Au

2m 289 gt A

u

8m 404 gt AuIncluding

2m 875 gt Au

4480

8180

4650668

578

1190

875

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-009

14-SP-009

100 m

200 m

S15-010

S15-010

100 m

200 m

S15-013

S15-013

100 m

200 m

S15-014

S15-014

100 m

200 m

300 m

400 m

S15-045

S15-045

300 m

100 m

S79-02

S79-02

100 m

S80-18

S80-18

100 m

S89-34

S89-34

100 m

200 m

S15-055

S15-055

100 m

200 m

300 m

400 m

S15-064

S15-064

17m

419 gt Au

2m 292 gt Au

198m 134 gt Au

212m 224 gt Au

17m 1783 gt Au

141m 028 gt Au

31m

02 gt Au

127m 126 gt AuIncluding13m 338 gt Au2m 222 gt Au2m 227 gt Au2m 290 gt Au10m 23 gt Au

1695m 495 gt AuIncluding7m of 795 gt Au

33m 184 gt AuIncluding15m 475 gt Au

36m 164 gt AuIncluding2m 221 gt Au

2m 168 gt Au

2m 107 gt Au

4m 1367 gt Au

2m 179 gt Au

2m 10 gt Au

1m 111 gt Au

2m 2545 gt Au

6m 312 gt Au

2m 213 gt Au

175m 117 gt Au

2m 281 gt Au

14m 159 gt Au

19m 544 gt Au

415m 214 gt Au

4m 318 gt Au

2m 243 gt Au

5m 225 gt Au

4m 16 gt Au

2m 213 gt Au

2m 235 gt Au

14m 827 gt Au

6m 309 gt AuIncluding

1m 231 gt Au

2m 325 gt Au

2m 575 gt A

u

5252210

10001110

25450

9282210

1590

960

12101240

2130

1170

827

2310

575

1460

607

2256

614

1783

934

(Looking North)

Spectrum Gold Project - Section 4750N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

536

843

979

856

212

265328

240

205334

383

233

354203

950

271

247

345211

439

2983780

223

204

4980

287285

641774

238

918

207

296224

247214

223

398

799

353

219

226288

254

219

562

247

233

785

298

291

1196675

273

683

967

556

6021020

231

495

1200

390

220

3500

684447

356

756

590

324

220

451

832

645

1390

804

6m 786 gt Au

16m 856 gt Au

738m 179 gt Au

38m 128 gt Au

6m 207 gt Au

4m 286 gt Au

4m 708 gt Au

40m 131 gt Au

425m 136 gt Au

799m 156 gt Au

1247m 084 gt Au

61m 162 gt AuIncluding2m 238 gt Au4m 562 gt Au6m 199 gt Au2m 247 gt Au2m 214 gt Au

36m 104 gt AuIncluding5m 2 gt Au2m 228 gt Au135m 24 gt Au

12m 362 gt AuIncluding2m 95 gt Au

184m 64 gt AuIncluding39m 2527 gt AuAlso Including19m 50 gt Au

17m 18 gt AuIncluding20m 683 gt Au30m 245 gt Au

17m 967 gt Au

11m 31 gt AuIncluding22m 556 gt Au

6m 544 gt AuIncluding2m 102 gt Au

15m 456 gt Au

66m 1059 gt AuIncluding14m 378 gt Au

2m

231 gt Au

8m 536 gt AuIncluding2m 12 gt Au

14m 782 gt AuIncluding2m 35 gt Au

2m

756 gt Au

2m

59 gt A

u

225m

22 gt Au

15m

451 gt Au

2m 236 gt Au

2m 251 gt Au

2m 832 gt Au

2m 46 gt Au

26m 1018 gt Au

09m 804 gt Au

200 m

S15-011

S15-011

S15-012

S15-012

100 m

S15-016

S15-016

100 m

200 m

300 m

S15-042

S15-042

100 m

S15-048

S15-048(NSV)

100 m

200 m

S15-049

S15-049

100 m

200 m

300 m

S15-052

S15-052

100 m

200 m

300 m

S15-057

S15-057

100 m

S79-01

S79-01

S79-03

S80-19

S80-19

100 m

S92-92

S92-92

S15-070

100 m

200 m

300 m

400 m

S15-07

0

(Looking North)

Spectrum Gold Project - Section 4810N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

294

288

883613587

228

379

7450

504

254

1220

879

222

207

286

222

229

706

315

312

291

607

363

315

459

2670

594

2m 294 gt Au

2m 288 gt Au

2615m 821 gt AuIncluding915m 473 gt AuAlso Including215m 88 gt Au15m 61 gt Au2m 59 gt Au35m 442 gt AuAlso Including2m 745 gt Au

44m 112 gt AuIncluding2m 254 gt Au15m 122 gt Au

1m 879 gt Au

137m 064 gt Au

14m 262 gt Au

6m 204 gt Au

87m 286 gt Au

8m 218 gt Au

55m 344 gt Au

6m 555 gt Au

20m

222 gt Au

22m 207 gt Au

2m 286 gt A

u2m 222 gt A

u

2m 225 gt Au

2m 476 gt Au

1m 267 gt Au

11m 282 gt A

u

21m 293 gt Au

2m 266 gt Au

14m 594 gt Au

200 m

S15-015

S15-015

S15-021

S15-021

100 m

S15-028

100 m

200 m

300 m

S15-051

S15-051

100 m

200 m

300 m

S15-056

S15-056

S15-062

(NSV)

300 m

400 m

500 m

S15-062(Cont on 4890N)

S80-23

100 m

S80-23100 m

S80-26

S80-2

6100 m

S80-27

S80-27

S90-48

S90-48

S15-028

100 m

200 m

300 m

400 m

S15-067

S15-067

S15-069

100 m

200 m

400 m

S15-069

(Cont on 4890N)

(Looking North)

Spectrum Gold Project - Section 4850N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

41

11

00

E4

11

10

0 E

41

11

50

E4

11

15

0 E

41

12

00

E4

11

20

0 E

41

12

50

E4

11

25

0 E

41

13

00

E4

11

30

0 E

41

13

50

E4

11

35

0 E

41

14

00

E

41

14

50

E

41

15

00

E4

11

50

0 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

243

316

295

266697256

272359

879

925690

256

274

268

283

829

207

473

582

586

1860427

995

592

983

8090

288

240

405

1587

442

405

261

208

1020

12m 154 gt AuIncluding2m 243 gt Au4m 306 gt Au

21m

09 gt Au

135m 278 gt AuIncluding2m 697 gt Au

1m 879 gt Au

6m 555 gt Au

2m 256 gt Au

4m 271 gt Au

2m 283 gt Au

1m 829 gt Au

2m 473 gt Au

135m 582 gt Au

2m 586 gt Au

93m 395 gt AuIncluding13m 186 gt Au2m 427 gt Au

15m 995 gt Au1m 592 gt Au

23m 809 gt Au

9m 173 gt Au

122m 157 gt Au

85m 123 gt Au

47m 279 gt Au

19m 39 gt Au

144m 117 gt Au

2m 983 gt A

u

2m 253 gt A

u

1m 102 gt A

u

100 m

200 m

S15-019

S15-019

S15-028

S15-028

100 m

200 m

S15-031

S15-031

100 m

200 m

S15-041

S15-041

100 m

200 m

300 m

S15-050

S15-050

100 m

200 m

300 m

S15-053

S15-053

S15-062

(Cont from

4850N)

600 m

S15-062(NSV)

S79-04S79-05

S79-05

S79-06

S79-06

S79-07

S79-08

S79-08

S80-23

S80-23

S80-28

S80-28

100 m

S89-35

S89-35

100 m

S92-91

S92-91

S1

5-0

69

(Co

nt fro

m 4

85

0N)

400

m

S1

5-0

69

(Looking North)

Spectrum Gold Project - Section 4890N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

500 Colour Zone

Central Zone(Porphyry and QC structures)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure

MAIN amp NORTH DONNELLY ZONES - MEASURED PLUS INDICATED RESOURCE

Cut-off

(Cu )

Tonnes gt Cut-off

(tonnes)

Grade gt Cut-off

Contained Metal

Cu ()

Au (gt)

Million lbs Cu

Million ozs Au

015

183970000

028

032

113583

1899

020

133670000

032

036

94023

1560

025

90170000

037

041

72571

1183

030

60690000

041

045

54867

0880

035

39400000

046

050

39790

0628

040

25880000

050

054

28647

0448

045

16150000

055

059

19586

0307

050

9510000

060

066

12666

0202

MAIN amp NORTH DONNELLY ZONES - INFERRED RESOURCE

Cut-off

(Cu )

Tonnes gt Cut-off

(tonnes)

Grade gt Cut-off

Contained Metal

Cu ()

Au (gt)

Million lbs Cu

Million ozs Au

015

100190000

022

028

49044

0912

020

53690000

026

033

31254

0570

025

29510000

030

036

19391

0344

030

11590000

034

041

8587

0151

035

2870000

038

046

2424

0042

040

510000

046

046

517

0008

045

240000

051

049

269

0004

050

110000

056

058

135

0002

Page 6:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

GJ Copper-Gold Project

wwwskeenaresourcescom 7

gt Option to earn 100 interest from Teck and NGEx

gt 38374 Ha property 25 km from Red Chris which has similar geology and grades

gt Excellent access and infrastructure including grid power

gt Long term call option on copper and gold prices

gt The Donnelly porphyry deposits have an updated independent 43-101 Resource Estimate of 940 million lbs Cu and 156 million oz Au in the Measured and Indicated categories and 3125 million lbs Cu and 057 million oz Au in the Inferred category

gt Potential for expansion of Donnelly deposits to west and at depth

gt GJ also includes high-grade Au-Ag prospects similar to SpectrumSee page 8 and Skeena News Release of January 14 2016 for details of the resource estimate Mineral resources that are not mineral reserves do not have demonstrated economic viability Mineral resource estimates do not account for mineability selectivity mining loss and dilution These mineral resource estimates include inferred mineral resources that are normally considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves There is also no certainty that these inferred mineral resources will be converted to measured and indicated categories through further drilling or into mineral reserves once economic considerations are applied

Donnelly Deposits - Updated 43-101 Resource

wwwskeenaresourcescom 8

By Gary HGiroux MASc PEngFor details see January 14 2016 Skeena news release

Spectrum Goldgt 100 ownership interestgt High-grade gold zones occur within a broader halo of porphyry-style gold-

copper mineralization

gt Host is Triassic Stuhini Group volcanics amp sediments at the contact of aTriassic-Jurassic porphyry intrusion

gt High-grade gold is related to steeply dipping panels of stockwork quartz-carbonate-sulphide veinlet extending over 650 metres of strike

gt Mineralization remains open along strike and at depth appears related tohydrothermal fluids associated with the porphyry intrusion

gt Its characteristics are consistent with the upper portion of an alkaliporphyry-style Cu-Au deposit similar to other important deposits in theStikine

wwwskeenaresourcescom 9

Geology and Mineralized Zones

wwwskeenaresourcescom 10

Tovia Orange

Summary of Mineralized Zones

wwwskeenaresourcescom 11

Name Description

Central Zone

QC Structure North-striking zone of fractured silicified volcanic rocks 30 to 70 m east of the monzonite dyke containing 2 main parallel high grade gold-bearing structures that pinch and swell along a strike length of 650 m Best drill intercept of 3176 gt Au over 60 m

Porphyry Structure Parallel to QC zone lies 0-30m east of monzonite dyke Contains two high-grade gold zones of variable width and grade within a shell of lower-grade disseminated Cu-Au mineralization 2014 drill intercepts include 106 gt Au over 270 m

500 Colour Zone Northwest-striking branch of QC-Porphyry zones related to monzonitic dyke swarm Drilled for 450 m strike length with erratic gold intercepts Best drill intercept 2545 gt Au Over 20 m

33 Zone Easterly trending splay from main monzonite dyke intersected in one drill hole (8 m 11 gt Au)

300 Colour Zone One drill hole yielded 21 m 559 gt Au and 04 m 2945 gt Au

Boundary Zone Anomalous gold in propylitic altered volcanic drill intercept of 072 gt (0021 ozton) over 103 m

4440 Zone Defined at surface only no drilling 79 gt Au over 07 m surface channel sample

Skarn (Malachite) Showing Along southwest-trending splay of Monzonite dyke Surface channel sample 20 m long returned 29 gt Au and 05 Cu

West Creek Showing Gold-copper soil anomaly no drilling Surface channel sample 10 Cu 31 gt Au 3771 gt (110 ozton) Au over 415 m

GR Showing Gold-copper soil anomaly no drilling Rock grab samples to 3428 gt Au (100 ozton)

East Creek Zone North-trending 5 m wide silicified zone traced at surface for 600m strike length High grade gold with pyrite arsenopyrite chalcopyrite and sphalerite Drill intercept of 26 m 3445 gt Au trench sample 26 m 584 gt Au

Hawk Vein North-trending traced for 200m strike underground Best gold grades Surface 2914 gt Au (085 ozton) over 035 m Adit 668 gt Au (0195 ozton) over 10 m

ozshort ton converted to gramstonne using the conversion factor 10 ozton = 3428 gtonne

Spectrum Free Gold in Drill Coregt Visible gold has been identified in about 40 of the holes logged to date

in 2015

wwwskeenaresourcescom 12

Metallurgy ndash Gravity and Cyanide A bench-scale metallurgical test was conducted on 2014 drill core obtained from throughout two of the mineralized zones The work was performed by Saskatchewan Research Council under the supervision of Michael Yakimchuk P Eng (see news release of May 12 2015)

wwwskeenaresourcescom 13

QC Structure

gtThe composite head-feed sample was calculated to be 1396 gt Au as compared tothe weighted average of 1350 gt for the individual drill core sample assays

gtA gravity recovery test yielded gold recovery of 564

gtAn overall gold recovery of 988 was obtained when both gravity and subsequentcyanide leaching of the gravity tails were performed

Porphyry Structure

gtThe composite head feed sample was calculated to be 876 gt Au as compared to theweighted average of 1055 gt for the individual drill core samples

gtA gravity recovery test yielded gold recovery of 246

gtAn overall gold recovery of 916 when both gravity and subsequent cyanide leachingof the gravity tails were performed

Metallurgy ndash Flotation StudiesBench scale test work completed at SRC under the direction of Michael YakimchukP Eng has shown that the mineralized rock also returns high gold recovery when using a flotation process (see news release of July 20 2015)

gt Samples from the QC structures in the Central zone were upgraded by flotation from a composite head grade of 944 to over 22 gt Au with an average overall recovery of 85 with multiple tests yielding gold recoveries over 95

gt Samples from the Porphyry structures in the Central zone were upgraded from a composite head grade 969 gt to an average of over 364 gt with average overall recovery of 928 and multiple tests yielding gold recoveries over 95

Conclusion the positive results from each of gravity cyanidation and flotation tests demonstrate there is flexibility for future mineral processing of the mineralization Additional test work is planned after the 2015 field season

wwwskeenaresourcescom 14

Management and Share StructureDirectors amp Management

Ron Netolitzky MSc Chairman Director

Walt Coles Jr President amp CEO Director

Rupert Allan PGeol Vice President of Exploration Director

Michael Cathro MSc PGeo Vice President of Operations

Peter Tredger MBA PEng Director

Karen Allan CMA CFOCorporate Secretary

Share Structure (as at Nov 9 2015)

Shares Outstanding 325401172

Options ($010 strike price)

Warrants ($010 strike price)

Fully Diluted

Working Capital

14700000

40397000

380498172

$4 million

Includes 76663517 common shares in escrow

wwwskeenaresourcescom 15

The ExpertiseSkeenarsquos Board and Management has considerable exploration and development experience in northwestern British Columbia

Ron Netolitzky was one of the primary developers behind the Snip Mine that Cominco placed into production and Eskay Creek which was developed by Homestake and Barrick For these achievements amongst numerous other international accomplishments Mr Netolitzky received the Prospector of the Year award from the PDAC and Developer of the Year award from the BC amp Yukon Chamber of Mines Ron was also inducted into the Canadian Mining Hall of Fame in 2015

Peter Tredger was one of the developers of the Golden Bear mine as well as being intimately involved with the merger of Blue Pearl Resources and the expansion of the Thompson Creek Metals portfolio

Rupert Allan P Geol is a consulting geologist with 45 yearsrsquo experience in base and precious metals exploration throughout Canada and internationally He has worked extensively in northwest British Columbia and was instrumental in the permitting and development of the Brewery Creek heap leach gold mine in the Yukon

Michael Cathro P Geo is a registered professional geoscientist in British Columbia and holds a BSc from Queens University and a MSc from the Colorado School of Mines Mr Cathros 35-year career has included work as an exploration geologist on gold and base-metal projects in Canada and overseas and 17 years in technical and management roles with the BC Ministry of Energy Mines and Petroleum Resources

wwwskeenaresourcescom 16

Past SuccessesSpectrumrsquos Past Exploration Development Success Ratio

gt 243600 historical oz of Au from 11902 m of historical drilling

gt 205 oz Au discovered for every metre drilled

gt Assuming $250 per metre drilling cost = $1220 per oz Au discovery cost

Historic mines in NW British Columbia where Netolitzky was the driving forcebehind their development

gt Snip Gold Minersaquo 1 million oz Au produced at 25 gt

gt Eskay Creek Minersaquo 327 million oz Au produced at 49 gtrsaquo 158 million oz Ag produced at 2406 gt

wwwskeenaresourcescom 17

Past performance should not be construed to mean future drill results and exploration development success will be guaranteedThis estimate precedes NI 43-101 and is not to be relied upon This estimate is not current and a Qualified Person has not done sufficient work toclassify the historical estimate and Skeena is not treating the historical estimate as a current resource

Contact Information

wwwskeenaresourcescom 18

Tony PerriManager Investor Relations

tperriskeenaresourcescomTel +16046848725Dir +16045587681Fax +16045587695

Skeena Resources LimitedSuite 650 ndash 1021 West Hastings StreetVancouver British Columbia Canada

V6E 0C3

wwwskeenaresourcescomTSX Venture Exchange SKE

Appendix

Figures from 2015 Spectrum Drill Program

gt Table of Intersectionsgt Drill plangt Cross-sectionsgt Gold in soil maps

wwwskeenaresourcescom 19

Page13 113 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐010 270 -shy‐52 278 340 700 360 164including 500 700 200 221

9430 9600 170 41914500 14700 200 292 01119900 20040 140 159

S15-shy‐011 270 -shy‐45 2235 600 1200 600 7862000 2160 160 8564800 8400 3600 104 30 010

including 5000 5500 500 200and 6200 6400 200 328 011and 7100 7235 135 240 136 062

11000 11738 738 179 56 01313000 14200 1200 362 52 016

including 14000 14200 200 95 90 024

S15-shy‐012 270 -shy‐55 251 3500 7300 3800 12810200 10860 660 1059 31 019

including 10550 10690 140 37814000 14600 600 207 15019760 21600 1840 640 88

including 19760 20150 390 2527 595 033including 19960 20150 190 498 1180 063

21200 21600 400 286 8823400 23800 400 708 175 012

S15-shy‐013 270 -shy‐45 200 300 13000 12700 126 52 015including 2000 3300 1300 338 77 024

and 2720 2940 220 96 115 036and 3100 3300 200 450 138 031and 4800 5000 200 222and 7800 8000 200 227 59 016and 10800 11000 200 290 011and 12000 13000 1000 230 53 014

S15-shy‐014 270 -shy‐58 2175 300 700 400 3181900 2100 200 243

Page13 213 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 3000 3500 500 225 0225100 5500 400 160 0247700 9395 1695 495 205 070

including 8300 9000 700 795 355 09315300 15500 200 213 6317100 17275 175 11720800 21000 200 281 72 011

S15-shy‐015 270 -shy‐50 259 2800 3000 200 2943800 4000 200 28816385 19000 2615 821

Including 16385 17300 915 473And 16385 16600 215 883And 16750 16900 150 613And 17100 17300 200 587And 18050 18400 350 442 75

Including 18200 18400 200 745 85

S15-shy‐016 270 -shy‐48 179 3400 9500 6100 162 014Including 3400 3600 200 238

And 4800 5200 400 563 96 022Including 4800 5000 200 918 110 022

And 6500 7100 600 199 012And 8700 8900 200 247 011And 9300 9500 200 214 55 014

S15-shy‐017 270 -shy‐55 193 10315 10400 085 979 430012800 13600 800 1046 83

including 12800 13030 230 3333 267 01315740 16100 360 116818000 18275 275 279 54 010

S15-shy‐018 270 -shy‐45 302 13900 14130 230 11118300 18500 200 613 01022100 22700 600 544 234

Including 22500 22700 200 132 63825100 25300 200 237

Page13 313 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐019 270 -shy‐50 215 1900 3100 1200 155including 1900 2100 200 243

And 2700 3100 400 3069600 11700 2100 090 01015900 17250 1350 278

Including 16300 16500 200 697

S15-shy‐020 270 -shy‐45 258 23600 23800 200 251

S15-shy‐021 270 -shy‐50 605 Hole13 abandonded13 in13 fault13 Poor13 recovery13 No13 significant13 values

S15-shy‐022 270 -shy‐50 254 15000 15200 200 78616800 17000 200 13517410 18900 1490 897

Including 17410 17700 290 3851 54Including 17410 17562 152 347

And 17562 17700 138 427 81

S15-shy‐023 270 -shy‐45 225 6000 8590 2590 077 011Including 8000 8200 200 458 012

16500 16700 200 243 01019300 19660 360 561 103

Including 19300 19460 160 917 13520800 21000 200 211 85

S15-shy‐024 270 -shy‐60 244 3200 3400 200 2937600 8000 400 35913625 13716 091 641 24017020 17220 200 314 5118300 19264 964 681 207 009

Including 18700 18870 170 141 204 014

S15-shy‐025 270 -shy‐45 181 1100 1300 200 3144100 4900 800 414

Including 4100 4215 115 172 98 01511100 13400 2300 143

Page13 413 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 Including 11100 11300 200 276

And 12800 13000 200 531

S15-shy‐026 270 -shy‐45 260 800 1000 200 477 12212250 12450 200 22414870 15270 400 31218250 19050 800 567 015

Including 18250 18450 200 89 80 027And 18850 19050 200 101 014

S15-shy‐027 266 -shy‐48 266 19400 19600 200 251

S15-shy‐028 270 -shy‐50 254 500 4900 4400 112Including 1100 1300 200 254

And 3500 3650 150 12216600 16700 100 87919800 20400 600 555 54

S15-shy‐029 266 -shy‐45 219 14740 14900 160 411 01120500 20700 200 735 5910

S15-shy‐030 270 -shy‐45 265 21450 21550 100 587 252024700 24900 200 213

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022Including 2900 3100 200 256 013

And 9300 9700 400 271 58 021And 10900 11100 200 283 013And 13500 13600 100 829 67 011And 19300 19500 200 473 145 032And 21700 21835 135 582 228 435

S15-shy‐032 270 -shy‐45 2943

S15-shy‐033 270 -shy‐45 117

S15-shy‐034 270 -shy‐57 196

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 513 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐035 265 -shy‐45 2425 2900 3100 200 25515900 16100 200 27816750 16900 150 670 713 08423020 23130 110 648 741

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008Including 14215 14675 460 180 75

S15-shy‐037 265 -shy‐45 220 3700 4100 400 315 5416900 17100 200 224 011

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010Including 1000 1200 200 334

And 11400 12400 1000 184 82 018

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017Including 1700 6100 4400 140 68 017Including 3100 3300 200 626 014

S15-shy‐040 265 -shy‐45 299 16900 18300 1400 190Including 16900 17000 100 704 77

And 17400 17510 110 582 10820570 20780 210 446 126 02323280 23930 650 13623280 23350 070 530 259 041

S15-shy‐041 265 -shy‐50 214 8500 8700 200 586 7814570 15500 930 395

Including 14570 14700 130 186And 15300 15500 200 427

19050 19200 150 995 53321300 21400 100 592 61

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005Including 2500 4200 1700 179Including 2500 2700 200 683 53

Page13 613 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 11330 11500 170 96716500 17600 1100 310

Including 16710 16930 220 55619200 19800 600 544 11119600 19800 200 102 29020700 20850 150 456

S15-shy‐043 265 -shy‐45 362 19700 20100 400 2424Including 19900 20100 200 448

21060 22200 1140 1673Including 21600 21800 200 818 56

23000 23400 400 2659Including 23000 23200 200 465

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 40 014Including 5700 5900 200 662 68 027

And 14100 14300 200 327 54 01320200 24973 4773 049 30 013

S15-shy‐045 265 -shy‐45 275 18500 18700 200 21321700 21900 200 235

S15-shy‐046 265 -shy‐45 266 4000 4400 400 30615900 16100 200 41919200 19600 400 1697 100

Including 19400 19600 200 298 150 015

S15-shy‐047 265 -shy‐45 320 12200 12400 200 23325495 25635 140 154 210 011

S15-shy‐048 265 -shy‐55 1498

S15-shy‐049 265 -shy‐45 269 12500 12700 200 23118500 19300 800 536

Including 18700 18900 200 12021100 22500 1400 782 011

Including 21500 21700 200 350 79 022

Abandoned13 Before13 Zone13 -shy‐13 No13 Significant13 Values

Page13 713 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 23500 23700 200 75624300 24500 200 590

S15-shy‐050 265 -shy‐50 338 28800 29000 200 983

S15-shy‐051 265 -shy‐50 385 2800 3000 200 2229030 9250 220 20721950 22150 200 286 117 01323750 23950 200 222

S15-shy‐052 265 -shy‐46 365 22575 22800 225 22029650 29800 150 451

S15-shy‐053 256 -shy‐46 341

S15-shy‐054 252 -shy‐45 256

S15-shy‐055 265 -shy‐45 3813 20000 20600 600 309Including 20460 20600 140 827

28650 28750 100 2310

S15-shy‐056 265 -shy‐50 365 25600 25800 200 22531300 31500 200 47635900 36000 100 267

S15-shy‐057 265 -shy‐46 395 21700 21900 200 236 37130200 30400 200 25132800 33000 200 832 127 038

S15-shy‐058 265 -shy‐45 212

S15-shy‐059 265 -shy‐65 21430

S15-shy‐060 265 -shy‐45 422 20700 21300 600 327Including 21100 21300 200 589

25200 27000 1800 613 008Including 25800 25900 100 110 010

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 813 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 And 26400 26500 100 300 52 006And 26830 27000 170 306 019

30400 30600 200 210

S15-shy‐061 265 -shy‐45 317 18000 18200 200 33518800 19000 200 23422400 30000 7600 113 24 006

including 22400 22600 200 208And 24600 24800 200 247And 26400 28200 1800 269

Including 26400 26600 200 578 63And 28000 28200 200 1190

29800 30000 200 206 84

S15-shy‐062 263 -shy‐45 740

S15-shy‐063 265 -shy‐45 4472 21930 22130 200 485 642 05323600 23800 200 27328400 28600 200 40539800 41800 2000 187

Including 39600 40400 800 404Including 40200 40400 200 875

41800 42000 200 289

S15-shy‐064 265 -shy‐45 473 19100 19300 200 325 106033600 33800 200 575

S15-shy‐06513 (Boundary)

265 -shy‐45 265 2800 3000 200 332

12686 12800 114 1050

S15-shy‐06613 13 13 13 (30013 Colour)

70 -shy‐50 182 3200 3400 200 464

S15-shy‐067 270 -shy‐50 404

No13 Significant13 Values

No13 Significant13 Values

Page13 913 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐06813 13 13 13

(30013 Colour)50 -shy‐50 242 5000 10200 5200 115

Including 5200 6800 1600 18713200 13400 200 231

S15-shy‐069 270 -shy‐45 470 5600 5810 210 293 1016400 6600 200 26629865 30005 140 594 7942000 42200 200 253 01042580 42680 100 1020 1170 024

S15-shy‐070 270 -shy‐46 449 33600 33800 200 46039340 39600 260 1018 660 02141110 41200 090 804 011

NotesAll13 values13 are13 un-shy‐cutTrue13 width13 is13 estimated13 to13 be13 5513 to13 7013 of13 down13 hole13 intervalAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

Porphyry13 Au-shy‐Ag-shy‐Cu13 Intervals13 for13 201513 Spectrum13 holes

DDH13 Azimuth DipTotal13

Depth13 (m)From13 (m) To13 (m)

Interval13 (m)

Au13 gt13 (uncut) Ag13 gt Cu13

S15-shy‐011 270 -shy‐45 2235 300 20600 20300 097 33 012

S15-shy‐012 270 -shy‐55 251 250 23800 23550 141 42 007

S15-shy‐013 270 -shy‐45 200 300 19800 19500 075 39 015

S15-shy‐014 270 -shy‐58 2175 300 21200 20900 122 48 017

S15-shy‐016 270 -shy‐48 179 1130 17600 16470 090 41 014

S15-shy‐023 270 -shy‐45 225 430 21000 20570 047 28 009

S15-shy‐024 270 -shy‐60 244 300 19264 18964 088 26 006

S15-shy‐025 270 -shy‐45 181 1100 16600 15500 074 16 005

S15-shy‐026 270 -shy‐45 260 12050 22095 10045 092 22 006

S15-shy‐028 270 -shy‐50 254 500 22900 22400 061 29 007

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 402 014And 20200 24973 4773 049 302 013

All13 values13 are13 un-shy‐cutAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

sup3

sup3

sup3sup3

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sup3sup3

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sup3sup3

sup3sup3

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sup3sup3

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$1

$1

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1600 m

S15-037

S15-035S15-029

S15-027

S15-026

S15-025

S15-032S15-030

S15-039S15-022S15-024

S15-040

S15-036S15-034 S15-060

S15-031

S15-028S15-041

S15-043

S15-049

S-4S-3

S-2

S15-038

4850N

4890N

5035N

5010N

5195N

S15-047

S15-044 S15-046

S15-050

S15-042

S15-048

S15-045

S15-052

S15-051

4975N

5150N

5235N

5095N

4810N

4750N

4700N

4930N

5285N

S91-82

14-SP-009

S91-83

S91-73

S91-66

S89-34

S91-71

S80-21

S91-70

S91-85

S91-78

S91-86

S90-46

S91-74

S80-13

14-SP-001

14-SP-004

S80-14

S91-81

14-SP-007

S91-68

S91-79

S91-63

S91-84

S90-51

S89-35

14-SP-006S90-59

S80-11

S90-52

S90-49

S90-54

S92-90

S80-12

S90-55

S91-80

S89-37

S79-08

S80-22

S90-56

S90-44

S79-06

S91-64

S90-50

S90-45

S90-58

S90-60

S90-43

S91-75

S92-92

S92-91

S89-36

S80-17

S90-61

S-1

S89-41

14-SP-005

S80-20

S90-47

14-SP-002

14-SP-008

S79-03

S80-26

S80-24

S80-18

S89-33

S80-28

S80-15

S79-02

S79-10

S90-62S91-67

S79-01

S90-57

S79-05

S80-27

S80-25

S79-07

S80-19

S79-04

S79-09

S90-48

S91-65

S91-69

S91-72S91-76

S91-77

14-SP-003

S80-16

S90-53

S89-39

S15-015

S15-010

S15-012

S15-017

S15-016

S15-011

S15-013S15-014

S15-018

S15-019

S15-020

S15-023

S15-056

S15-053

S15-054

S15-058

S15-064

S15-055

S15-057

S15-059

S15-033

S15-061

S15-063

S15-064

S15-062

S15-065S15-066

S15-068

S15-067S15-070

S15-069S15-021

Mt Edziza FlowsMt Edziza Flows

Stuhini VolcanicsStuhini Volcanics

Stuhini VolcanicsStuhini Volcanics

1500 m

1700 m

410800

410800

411000

411000

411200

411200

411400

411400

411600

411600

411800

411800

6394

600

6394

600

6394

800

6394

800

6395

000

6395

000

6395

200

6395

200

0 50 100 15025

Meters

sup3

500 Colour Zone

Central Zone(Porphyry and QC Structures)

O P E N

O P E N

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Exploration Trail

Cross Section Line

Monzonite

sup3$1 2015 Drill Hole (Complete)

sup3 2015 Drill Hole (In Progress)$1

sup3 2014 Drill Hole

sup3 Historic Drill Hole

$1

$1

Road Zone

Spectrum GoldDiamond Drill Hole Plan Map

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 0020

Date - 2012610 5Drawn By - CSG

TSX-V SKE

O P E N

Boundary Zone

O P E N

O P E N

O P E NO P E N

O P E N

300 Colour Zone

O P E N

O P E N

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410800 E

410850 E

410850 E

410900 E

410900 E

410950 E

410950 E

6395200 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m 1600 m

1650 m 1650 m

1700 m 1700 m

2m 464 gt Au

100 m

S15-066

S15-066

TSXV SKE

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410820 E

410840 E

410860 E

410880 E

410880 E

410900 E

410900 E

410920 E

410920 E

410940 E

410940 E

410960 E

410960 E

410980 E

410980 E

6395080 N

6395100 N

6395120 N

6395140 N

6395140 N

6395160 N

6395160 N

6395180 N

6395180 N

6395200 N

6395200 N

6395220 N

6395220 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m

1650 m 1650 m

1700 m 1700 m

559

294552

m 115 gt Au

2m 231 gt Au

100 m

S15-068

S15-068

S89-37

S89-3

7

S90-43

S90-43

100 m

S90-44

S90-44

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4610N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Monzonite (Lower)

100 m

200 m

S15-058

S15-058

(NSV)

100 m

200 m

S15-059

S15-059(NSV)

S90-49

100 m

S90-49

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4645N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-054

S15-054

(NSV)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4700N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

100 m

300 m

S15-043

S15-043

100 m

200 m

300 m

S90-50

100 m

S90-50

300 m

200 m

100 m

S15-061

S15-061

S15-063

S15-063

101m 072 gt Au

137m 112 gt Au

4m 2424 gt AuIncluding2m 448 gt Au

114m 1673 gt AuIncluding2m 818 gt Au

4m 2659 gt AuIncluding2m 465 gt Au2m 668 gt Au

2m

335 gt Au

2m 234 gt Au

2m 208 gt Au

2m 247 gt Au

18m 269 gt Au

2m 206 gt Au

2m 485 gt Au

2m 273 gt Au

2m 405 gt A

uIncluding2m 578 gt Au

2m 119 gt Au

2m 289 gt A

u

8m 404 gt AuIncluding

2m 875 gt Au

4480

8180

4650668

578

1190

875

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-009

14-SP-009

100 m

200 m

S15-010

S15-010

100 m

200 m

S15-013

S15-013

100 m

200 m

S15-014

S15-014

100 m

200 m

300 m

400 m

S15-045

S15-045

300 m

100 m

S79-02

S79-02

100 m

S80-18

S80-18

100 m

S89-34

S89-34

100 m

200 m

S15-055

S15-055

100 m

200 m

300 m

400 m

S15-064

S15-064

17m

419 gt Au

2m 292 gt Au

198m 134 gt Au

212m 224 gt Au

17m 1783 gt Au

141m 028 gt Au

31m

02 gt Au

127m 126 gt AuIncluding13m 338 gt Au2m 222 gt Au2m 227 gt Au2m 290 gt Au10m 23 gt Au

1695m 495 gt AuIncluding7m of 795 gt Au

33m 184 gt AuIncluding15m 475 gt Au

36m 164 gt AuIncluding2m 221 gt Au

2m 168 gt Au

2m 107 gt Au

4m 1367 gt Au

2m 179 gt Au

2m 10 gt Au

1m 111 gt Au

2m 2545 gt Au

6m 312 gt Au

2m 213 gt Au

175m 117 gt Au

2m 281 gt Au

14m 159 gt Au

19m 544 gt Au

415m 214 gt Au

4m 318 gt Au

2m 243 gt Au

5m 225 gt Au

4m 16 gt Au

2m 213 gt Au

2m 235 gt Au

14m 827 gt Au

6m 309 gt AuIncluding

1m 231 gt Au

2m 325 gt Au

2m 575 gt A

u

5252210

10001110

25450

9282210

1590

960

12101240

2130

1170

827

2310

575

1460

607

2256

614

1783

934

(Looking North)

Spectrum Gold Project - Section 4750N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

536

843

979

856

212

265328

240

205334

383

233

354203

950

271

247

345211

439

2983780

223

204

4980

287285

641774

238

918

207

296224

247214

223

398

799

353

219

226288

254

219

562

247

233

785

298

291

1196675

273

683

967

556

6021020

231

495

1200

390

220

3500

684447

356

756

590

324

220

451

832

645

1390

804

6m 786 gt Au

16m 856 gt Au

738m 179 gt Au

38m 128 gt Au

6m 207 gt Au

4m 286 gt Au

4m 708 gt Au

40m 131 gt Au

425m 136 gt Au

799m 156 gt Au

1247m 084 gt Au

61m 162 gt AuIncluding2m 238 gt Au4m 562 gt Au6m 199 gt Au2m 247 gt Au2m 214 gt Au

36m 104 gt AuIncluding5m 2 gt Au2m 228 gt Au135m 24 gt Au

12m 362 gt AuIncluding2m 95 gt Au

184m 64 gt AuIncluding39m 2527 gt AuAlso Including19m 50 gt Au

17m 18 gt AuIncluding20m 683 gt Au30m 245 gt Au

17m 967 gt Au

11m 31 gt AuIncluding22m 556 gt Au

6m 544 gt AuIncluding2m 102 gt Au

15m 456 gt Au

66m 1059 gt AuIncluding14m 378 gt Au

2m

231 gt Au

8m 536 gt AuIncluding2m 12 gt Au

14m 782 gt AuIncluding2m 35 gt Au

2m

756 gt Au

2m

59 gt A

u

225m

22 gt Au

15m

451 gt Au

2m 236 gt Au

2m 251 gt Au

2m 832 gt Au

2m 46 gt Au

26m 1018 gt Au

09m 804 gt Au

200 m

S15-011

S15-011

S15-012

S15-012

100 m

S15-016

S15-016

100 m

200 m

300 m

S15-042

S15-042

100 m

S15-048

S15-048(NSV)

100 m

200 m

S15-049

S15-049

100 m

200 m

300 m

S15-052

S15-052

100 m

200 m

300 m

S15-057

S15-057

100 m

S79-01

S79-01

S79-03

S80-19

S80-19

100 m

S92-92

S92-92

S15-070

100 m

200 m

300 m

400 m

S15-07

0

(Looking North)

Spectrum Gold Project - Section 4810N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

294

288

883613587

228

379

7450

504

254

1220

879

222

207

286

222

229

706

315

312

291

607

363

315

459

2670

594

2m 294 gt Au

2m 288 gt Au

2615m 821 gt AuIncluding915m 473 gt AuAlso Including215m 88 gt Au15m 61 gt Au2m 59 gt Au35m 442 gt AuAlso Including2m 745 gt Au

44m 112 gt AuIncluding2m 254 gt Au15m 122 gt Au

1m 879 gt Au

137m 064 gt Au

14m 262 gt Au

6m 204 gt Au

87m 286 gt Au

8m 218 gt Au

55m 344 gt Au

6m 555 gt Au

20m

222 gt Au

22m 207 gt Au

2m 286 gt A

u2m 222 gt A

u

2m 225 gt Au

2m 476 gt Au

1m 267 gt Au

11m 282 gt A

u

21m 293 gt Au

2m 266 gt Au

14m 594 gt Au

200 m

S15-015

S15-015

S15-021

S15-021

100 m

S15-028

100 m

200 m

300 m

S15-051

S15-051

100 m

200 m

300 m

S15-056

S15-056

S15-062

(NSV)

300 m

400 m

500 m

S15-062(Cont on 4890N)

S80-23

100 m

S80-23100 m

S80-26

S80-2

6100 m

S80-27

S80-27

S90-48

S90-48

S15-028

100 m

200 m

300 m

400 m

S15-067

S15-067

S15-069

100 m

200 m

400 m

S15-069

(Cont on 4890N)

(Looking North)

Spectrum Gold Project - Section 4850N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

41

11

00

E4

11

10

0 E

41

11

50

E4

11

15

0 E

41

12

00

E4

11

20

0 E

41

12

50

E4

11

25

0 E

41

13

00

E4

11

30

0 E

41

13

50

E4

11

35

0 E

41

14

00

E

41

14

50

E

41

15

00

E4

11

50

0 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

243

316

295

266697256

272359

879

925690

256

274

268

283

829

207

473

582

586

1860427

995

592

983

8090

288

240

405

1587

442

405

261

208

1020

12m 154 gt AuIncluding2m 243 gt Au4m 306 gt Au

21m

09 gt Au

135m 278 gt AuIncluding2m 697 gt Au

1m 879 gt Au

6m 555 gt Au

2m 256 gt Au

4m 271 gt Au

2m 283 gt Au

1m 829 gt Au

2m 473 gt Au

135m 582 gt Au

2m 586 gt Au

93m 395 gt AuIncluding13m 186 gt Au2m 427 gt Au

15m 995 gt Au1m 592 gt Au

23m 809 gt Au

9m 173 gt Au

122m 157 gt Au

85m 123 gt Au

47m 279 gt Au

19m 39 gt Au

144m 117 gt Au

2m 983 gt A

u

2m 253 gt A

u

1m 102 gt A

u

100 m

200 m

S15-019

S15-019

S15-028

S15-028

100 m

200 m

S15-031

S15-031

100 m

200 m

S15-041

S15-041

100 m

200 m

300 m

S15-050

S15-050

100 m

200 m

300 m

S15-053

S15-053

S15-062

(Cont from

4850N)

600 m

S15-062(NSV)

S79-04S79-05

S79-05

S79-06

S79-06

S79-07

S79-08

S79-08

S80-23

S80-23

S80-28

S80-28

100 m

S89-35

S89-35

100 m

S92-91

S92-91

S1

5-0

69

(Co

nt fro

m 4

85

0N)

400

m

S1

5-0

69

(Looking North)

Spectrum Gold Project - Section 4890N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

500 Colour Zone

Central Zone(Porphyry and QC structures)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure

MAIN amp NORTH DONNELLY ZONES - MEASURED PLUS INDICATED RESOURCE

Cut-off

(Cu )

Tonnes gt Cut-off

(tonnes)

Grade gt Cut-off

Contained Metal

Cu ()

Au (gt)

Million lbs Cu

Million ozs Au

015

183970000

028

032

113583

1899

020

133670000

032

036

94023

1560

025

90170000

037

041

72571

1183

030

60690000

041

045

54867

0880

035

39400000

046

050

39790

0628

040

25880000

050

054

28647

0448

045

16150000

055

059

19586

0307

050

9510000

060

066

12666

0202

MAIN amp NORTH DONNELLY ZONES - INFERRED RESOURCE

Cut-off

(Cu )

Tonnes gt Cut-off

(tonnes)

Grade gt Cut-off

Contained Metal

Cu ()

Au (gt)

Million lbs Cu

Million ozs Au

015

100190000

022

028

49044

0912

020

53690000

026

033

31254

0570

025

29510000

030

036

19391

0344

030

11590000

034

041

8587

0151

035

2870000

038

046

2424

0042

040

510000

046

046

517

0008

045

240000

051

049

269

0004

050

110000

056

058

135

0002

Page 7:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

Donnelly Deposits - Updated 43-101 Resource

wwwskeenaresourcescom 8

By Gary HGiroux MASc PEngFor details see January 14 2016 Skeena news release

Spectrum Goldgt 100 ownership interestgt High-grade gold zones occur within a broader halo of porphyry-style gold-

copper mineralization

gt Host is Triassic Stuhini Group volcanics amp sediments at the contact of aTriassic-Jurassic porphyry intrusion

gt High-grade gold is related to steeply dipping panels of stockwork quartz-carbonate-sulphide veinlet extending over 650 metres of strike

gt Mineralization remains open along strike and at depth appears related tohydrothermal fluids associated with the porphyry intrusion

gt Its characteristics are consistent with the upper portion of an alkaliporphyry-style Cu-Au deposit similar to other important deposits in theStikine

wwwskeenaresourcescom 9

Geology and Mineralized Zones

wwwskeenaresourcescom 10

Tovia Orange

Summary of Mineralized Zones

wwwskeenaresourcescom 11

Name Description

Central Zone

QC Structure North-striking zone of fractured silicified volcanic rocks 30 to 70 m east of the monzonite dyke containing 2 main parallel high grade gold-bearing structures that pinch and swell along a strike length of 650 m Best drill intercept of 3176 gt Au over 60 m

Porphyry Structure Parallel to QC zone lies 0-30m east of monzonite dyke Contains two high-grade gold zones of variable width and grade within a shell of lower-grade disseminated Cu-Au mineralization 2014 drill intercepts include 106 gt Au over 270 m

500 Colour Zone Northwest-striking branch of QC-Porphyry zones related to monzonitic dyke swarm Drilled for 450 m strike length with erratic gold intercepts Best drill intercept 2545 gt Au Over 20 m

33 Zone Easterly trending splay from main monzonite dyke intersected in one drill hole (8 m 11 gt Au)

300 Colour Zone One drill hole yielded 21 m 559 gt Au and 04 m 2945 gt Au

Boundary Zone Anomalous gold in propylitic altered volcanic drill intercept of 072 gt (0021 ozton) over 103 m

4440 Zone Defined at surface only no drilling 79 gt Au over 07 m surface channel sample

Skarn (Malachite) Showing Along southwest-trending splay of Monzonite dyke Surface channel sample 20 m long returned 29 gt Au and 05 Cu

West Creek Showing Gold-copper soil anomaly no drilling Surface channel sample 10 Cu 31 gt Au 3771 gt (110 ozton) Au over 415 m

GR Showing Gold-copper soil anomaly no drilling Rock grab samples to 3428 gt Au (100 ozton)

East Creek Zone North-trending 5 m wide silicified zone traced at surface for 600m strike length High grade gold with pyrite arsenopyrite chalcopyrite and sphalerite Drill intercept of 26 m 3445 gt Au trench sample 26 m 584 gt Au

Hawk Vein North-trending traced for 200m strike underground Best gold grades Surface 2914 gt Au (085 ozton) over 035 m Adit 668 gt Au (0195 ozton) over 10 m

ozshort ton converted to gramstonne using the conversion factor 10 ozton = 3428 gtonne

Spectrum Free Gold in Drill Coregt Visible gold has been identified in about 40 of the holes logged to date

in 2015

wwwskeenaresourcescom 12

Metallurgy ndash Gravity and Cyanide A bench-scale metallurgical test was conducted on 2014 drill core obtained from throughout two of the mineralized zones The work was performed by Saskatchewan Research Council under the supervision of Michael Yakimchuk P Eng (see news release of May 12 2015)

wwwskeenaresourcescom 13

QC Structure

gtThe composite head-feed sample was calculated to be 1396 gt Au as compared tothe weighted average of 1350 gt for the individual drill core sample assays

gtA gravity recovery test yielded gold recovery of 564

gtAn overall gold recovery of 988 was obtained when both gravity and subsequentcyanide leaching of the gravity tails were performed

Porphyry Structure

gtThe composite head feed sample was calculated to be 876 gt Au as compared to theweighted average of 1055 gt for the individual drill core samples

gtA gravity recovery test yielded gold recovery of 246

gtAn overall gold recovery of 916 when both gravity and subsequent cyanide leachingof the gravity tails were performed

Metallurgy ndash Flotation StudiesBench scale test work completed at SRC under the direction of Michael YakimchukP Eng has shown that the mineralized rock also returns high gold recovery when using a flotation process (see news release of July 20 2015)

gt Samples from the QC structures in the Central zone were upgraded by flotation from a composite head grade of 944 to over 22 gt Au with an average overall recovery of 85 with multiple tests yielding gold recoveries over 95

gt Samples from the Porphyry structures in the Central zone were upgraded from a composite head grade 969 gt to an average of over 364 gt with average overall recovery of 928 and multiple tests yielding gold recoveries over 95

Conclusion the positive results from each of gravity cyanidation and flotation tests demonstrate there is flexibility for future mineral processing of the mineralization Additional test work is planned after the 2015 field season

wwwskeenaresourcescom 14

Management and Share StructureDirectors amp Management

Ron Netolitzky MSc Chairman Director

Walt Coles Jr President amp CEO Director

Rupert Allan PGeol Vice President of Exploration Director

Michael Cathro MSc PGeo Vice President of Operations

Peter Tredger MBA PEng Director

Karen Allan CMA CFOCorporate Secretary

Share Structure (as at Nov 9 2015)

Shares Outstanding 325401172

Options ($010 strike price)

Warrants ($010 strike price)

Fully Diluted

Working Capital

14700000

40397000

380498172

$4 million

Includes 76663517 common shares in escrow

wwwskeenaresourcescom 15

The ExpertiseSkeenarsquos Board and Management has considerable exploration and development experience in northwestern British Columbia

Ron Netolitzky was one of the primary developers behind the Snip Mine that Cominco placed into production and Eskay Creek which was developed by Homestake and Barrick For these achievements amongst numerous other international accomplishments Mr Netolitzky received the Prospector of the Year award from the PDAC and Developer of the Year award from the BC amp Yukon Chamber of Mines Ron was also inducted into the Canadian Mining Hall of Fame in 2015

Peter Tredger was one of the developers of the Golden Bear mine as well as being intimately involved with the merger of Blue Pearl Resources and the expansion of the Thompson Creek Metals portfolio

Rupert Allan P Geol is a consulting geologist with 45 yearsrsquo experience in base and precious metals exploration throughout Canada and internationally He has worked extensively in northwest British Columbia and was instrumental in the permitting and development of the Brewery Creek heap leach gold mine in the Yukon

Michael Cathro P Geo is a registered professional geoscientist in British Columbia and holds a BSc from Queens University and a MSc from the Colorado School of Mines Mr Cathros 35-year career has included work as an exploration geologist on gold and base-metal projects in Canada and overseas and 17 years in technical and management roles with the BC Ministry of Energy Mines and Petroleum Resources

wwwskeenaresourcescom 16

Past SuccessesSpectrumrsquos Past Exploration Development Success Ratio

gt 243600 historical oz of Au from 11902 m of historical drilling

gt 205 oz Au discovered for every metre drilled

gt Assuming $250 per metre drilling cost = $1220 per oz Au discovery cost

Historic mines in NW British Columbia where Netolitzky was the driving forcebehind their development

gt Snip Gold Minersaquo 1 million oz Au produced at 25 gt

gt Eskay Creek Minersaquo 327 million oz Au produced at 49 gtrsaquo 158 million oz Ag produced at 2406 gt

wwwskeenaresourcescom 17

Past performance should not be construed to mean future drill results and exploration development success will be guaranteedThis estimate precedes NI 43-101 and is not to be relied upon This estimate is not current and a Qualified Person has not done sufficient work toclassify the historical estimate and Skeena is not treating the historical estimate as a current resource

Contact Information

wwwskeenaresourcescom 18

Tony PerriManager Investor Relations

tperriskeenaresourcescomTel +16046848725Dir +16045587681Fax +16045587695

Skeena Resources LimitedSuite 650 ndash 1021 West Hastings StreetVancouver British Columbia Canada

V6E 0C3

wwwskeenaresourcescomTSX Venture Exchange SKE

Appendix

Figures from 2015 Spectrum Drill Program

gt Table of Intersectionsgt Drill plangt Cross-sectionsgt Gold in soil maps

wwwskeenaresourcescom 19

Page13 113 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐010 270 -shy‐52 278 340 700 360 164including 500 700 200 221

9430 9600 170 41914500 14700 200 292 01119900 20040 140 159

S15-shy‐011 270 -shy‐45 2235 600 1200 600 7862000 2160 160 8564800 8400 3600 104 30 010

including 5000 5500 500 200and 6200 6400 200 328 011and 7100 7235 135 240 136 062

11000 11738 738 179 56 01313000 14200 1200 362 52 016

including 14000 14200 200 95 90 024

S15-shy‐012 270 -shy‐55 251 3500 7300 3800 12810200 10860 660 1059 31 019

including 10550 10690 140 37814000 14600 600 207 15019760 21600 1840 640 88

including 19760 20150 390 2527 595 033including 19960 20150 190 498 1180 063

21200 21600 400 286 8823400 23800 400 708 175 012

S15-shy‐013 270 -shy‐45 200 300 13000 12700 126 52 015including 2000 3300 1300 338 77 024

and 2720 2940 220 96 115 036and 3100 3300 200 450 138 031and 4800 5000 200 222and 7800 8000 200 227 59 016and 10800 11000 200 290 011and 12000 13000 1000 230 53 014

S15-shy‐014 270 -shy‐58 2175 300 700 400 3181900 2100 200 243

Page13 213 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 3000 3500 500 225 0225100 5500 400 160 0247700 9395 1695 495 205 070

including 8300 9000 700 795 355 09315300 15500 200 213 6317100 17275 175 11720800 21000 200 281 72 011

S15-shy‐015 270 -shy‐50 259 2800 3000 200 2943800 4000 200 28816385 19000 2615 821

Including 16385 17300 915 473And 16385 16600 215 883And 16750 16900 150 613And 17100 17300 200 587And 18050 18400 350 442 75

Including 18200 18400 200 745 85

S15-shy‐016 270 -shy‐48 179 3400 9500 6100 162 014Including 3400 3600 200 238

And 4800 5200 400 563 96 022Including 4800 5000 200 918 110 022

And 6500 7100 600 199 012And 8700 8900 200 247 011And 9300 9500 200 214 55 014

S15-shy‐017 270 -shy‐55 193 10315 10400 085 979 430012800 13600 800 1046 83

including 12800 13030 230 3333 267 01315740 16100 360 116818000 18275 275 279 54 010

S15-shy‐018 270 -shy‐45 302 13900 14130 230 11118300 18500 200 613 01022100 22700 600 544 234

Including 22500 22700 200 132 63825100 25300 200 237

Page13 313 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐019 270 -shy‐50 215 1900 3100 1200 155including 1900 2100 200 243

And 2700 3100 400 3069600 11700 2100 090 01015900 17250 1350 278

Including 16300 16500 200 697

S15-shy‐020 270 -shy‐45 258 23600 23800 200 251

S15-shy‐021 270 -shy‐50 605 Hole13 abandonded13 in13 fault13 Poor13 recovery13 No13 significant13 values

S15-shy‐022 270 -shy‐50 254 15000 15200 200 78616800 17000 200 13517410 18900 1490 897

Including 17410 17700 290 3851 54Including 17410 17562 152 347

And 17562 17700 138 427 81

S15-shy‐023 270 -shy‐45 225 6000 8590 2590 077 011Including 8000 8200 200 458 012

16500 16700 200 243 01019300 19660 360 561 103

Including 19300 19460 160 917 13520800 21000 200 211 85

S15-shy‐024 270 -shy‐60 244 3200 3400 200 2937600 8000 400 35913625 13716 091 641 24017020 17220 200 314 5118300 19264 964 681 207 009

Including 18700 18870 170 141 204 014

S15-shy‐025 270 -shy‐45 181 1100 1300 200 3144100 4900 800 414

Including 4100 4215 115 172 98 01511100 13400 2300 143

Page13 413 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 Including 11100 11300 200 276

And 12800 13000 200 531

S15-shy‐026 270 -shy‐45 260 800 1000 200 477 12212250 12450 200 22414870 15270 400 31218250 19050 800 567 015

Including 18250 18450 200 89 80 027And 18850 19050 200 101 014

S15-shy‐027 266 -shy‐48 266 19400 19600 200 251

S15-shy‐028 270 -shy‐50 254 500 4900 4400 112Including 1100 1300 200 254

And 3500 3650 150 12216600 16700 100 87919800 20400 600 555 54

S15-shy‐029 266 -shy‐45 219 14740 14900 160 411 01120500 20700 200 735 5910

S15-shy‐030 270 -shy‐45 265 21450 21550 100 587 252024700 24900 200 213

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022Including 2900 3100 200 256 013

And 9300 9700 400 271 58 021And 10900 11100 200 283 013And 13500 13600 100 829 67 011And 19300 19500 200 473 145 032And 21700 21835 135 582 228 435

S15-shy‐032 270 -shy‐45 2943

S15-shy‐033 270 -shy‐45 117

S15-shy‐034 270 -shy‐57 196

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 513 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐035 265 -shy‐45 2425 2900 3100 200 25515900 16100 200 27816750 16900 150 670 713 08423020 23130 110 648 741

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008Including 14215 14675 460 180 75

S15-shy‐037 265 -shy‐45 220 3700 4100 400 315 5416900 17100 200 224 011

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010Including 1000 1200 200 334

And 11400 12400 1000 184 82 018

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017Including 1700 6100 4400 140 68 017Including 3100 3300 200 626 014

S15-shy‐040 265 -shy‐45 299 16900 18300 1400 190Including 16900 17000 100 704 77

And 17400 17510 110 582 10820570 20780 210 446 126 02323280 23930 650 13623280 23350 070 530 259 041

S15-shy‐041 265 -shy‐50 214 8500 8700 200 586 7814570 15500 930 395

Including 14570 14700 130 186And 15300 15500 200 427

19050 19200 150 995 53321300 21400 100 592 61

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005Including 2500 4200 1700 179Including 2500 2700 200 683 53

Page13 613 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 11330 11500 170 96716500 17600 1100 310

Including 16710 16930 220 55619200 19800 600 544 11119600 19800 200 102 29020700 20850 150 456

S15-shy‐043 265 -shy‐45 362 19700 20100 400 2424Including 19900 20100 200 448

21060 22200 1140 1673Including 21600 21800 200 818 56

23000 23400 400 2659Including 23000 23200 200 465

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 40 014Including 5700 5900 200 662 68 027

And 14100 14300 200 327 54 01320200 24973 4773 049 30 013

S15-shy‐045 265 -shy‐45 275 18500 18700 200 21321700 21900 200 235

S15-shy‐046 265 -shy‐45 266 4000 4400 400 30615900 16100 200 41919200 19600 400 1697 100

Including 19400 19600 200 298 150 015

S15-shy‐047 265 -shy‐45 320 12200 12400 200 23325495 25635 140 154 210 011

S15-shy‐048 265 -shy‐55 1498

S15-shy‐049 265 -shy‐45 269 12500 12700 200 23118500 19300 800 536

Including 18700 18900 200 12021100 22500 1400 782 011

Including 21500 21700 200 350 79 022

Abandoned13 Before13 Zone13 -shy‐13 No13 Significant13 Values

Page13 713 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 23500 23700 200 75624300 24500 200 590

S15-shy‐050 265 -shy‐50 338 28800 29000 200 983

S15-shy‐051 265 -shy‐50 385 2800 3000 200 2229030 9250 220 20721950 22150 200 286 117 01323750 23950 200 222

S15-shy‐052 265 -shy‐46 365 22575 22800 225 22029650 29800 150 451

S15-shy‐053 256 -shy‐46 341

S15-shy‐054 252 -shy‐45 256

S15-shy‐055 265 -shy‐45 3813 20000 20600 600 309Including 20460 20600 140 827

28650 28750 100 2310

S15-shy‐056 265 -shy‐50 365 25600 25800 200 22531300 31500 200 47635900 36000 100 267

S15-shy‐057 265 -shy‐46 395 21700 21900 200 236 37130200 30400 200 25132800 33000 200 832 127 038

S15-shy‐058 265 -shy‐45 212

S15-shy‐059 265 -shy‐65 21430

S15-shy‐060 265 -shy‐45 422 20700 21300 600 327Including 21100 21300 200 589

25200 27000 1800 613 008Including 25800 25900 100 110 010

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 813 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 And 26400 26500 100 300 52 006And 26830 27000 170 306 019

30400 30600 200 210

S15-shy‐061 265 -shy‐45 317 18000 18200 200 33518800 19000 200 23422400 30000 7600 113 24 006

including 22400 22600 200 208And 24600 24800 200 247And 26400 28200 1800 269

Including 26400 26600 200 578 63And 28000 28200 200 1190

29800 30000 200 206 84

S15-shy‐062 263 -shy‐45 740

S15-shy‐063 265 -shy‐45 4472 21930 22130 200 485 642 05323600 23800 200 27328400 28600 200 40539800 41800 2000 187

Including 39600 40400 800 404Including 40200 40400 200 875

41800 42000 200 289

S15-shy‐064 265 -shy‐45 473 19100 19300 200 325 106033600 33800 200 575

S15-shy‐06513 (Boundary)

265 -shy‐45 265 2800 3000 200 332

12686 12800 114 1050

S15-shy‐06613 13 13 13 (30013 Colour)

70 -shy‐50 182 3200 3400 200 464

S15-shy‐067 270 -shy‐50 404

No13 Significant13 Values

No13 Significant13 Values

Page13 913 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐06813 13 13 13

(30013 Colour)50 -shy‐50 242 5000 10200 5200 115

Including 5200 6800 1600 18713200 13400 200 231

S15-shy‐069 270 -shy‐45 470 5600 5810 210 293 1016400 6600 200 26629865 30005 140 594 7942000 42200 200 253 01042580 42680 100 1020 1170 024

S15-shy‐070 270 -shy‐46 449 33600 33800 200 46039340 39600 260 1018 660 02141110 41200 090 804 011

NotesAll13 values13 are13 un-shy‐cutTrue13 width13 is13 estimated13 to13 be13 5513 to13 7013 of13 down13 hole13 intervalAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

Porphyry13 Au-shy‐Ag-shy‐Cu13 Intervals13 for13 201513 Spectrum13 holes

DDH13 Azimuth DipTotal13

Depth13 (m)From13 (m) To13 (m)

Interval13 (m)

Au13 gt13 (uncut) Ag13 gt Cu13

S15-shy‐011 270 -shy‐45 2235 300 20600 20300 097 33 012

S15-shy‐012 270 -shy‐55 251 250 23800 23550 141 42 007

S15-shy‐013 270 -shy‐45 200 300 19800 19500 075 39 015

S15-shy‐014 270 -shy‐58 2175 300 21200 20900 122 48 017

S15-shy‐016 270 -shy‐48 179 1130 17600 16470 090 41 014

S15-shy‐023 270 -shy‐45 225 430 21000 20570 047 28 009

S15-shy‐024 270 -shy‐60 244 300 19264 18964 088 26 006

S15-shy‐025 270 -shy‐45 181 1100 16600 15500 074 16 005

S15-shy‐026 270 -shy‐45 260 12050 22095 10045 092 22 006

S15-shy‐028 270 -shy‐50 254 500 22900 22400 061 29 007

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 402 014And 20200 24973 4773 049 302 013

All13 values13 are13 un-shy‐cutAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

sup3

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$1

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1600 m

S15-037

S15-035S15-029

S15-027

S15-026

S15-025

S15-032S15-030

S15-039S15-022S15-024

S15-040

S15-036S15-034 S15-060

S15-031

S15-028S15-041

S15-043

S15-049

S-4S-3

S-2

S15-038

4850N

4890N

5035N

5010N

5195N

S15-047

S15-044 S15-046

S15-050

S15-042

S15-048

S15-045

S15-052

S15-051

4975N

5150N

5235N

5095N

4810N

4750N

4700N

4930N

5285N

S91-82

14-SP-009

S91-83

S91-73

S91-66

S89-34

S91-71

S80-21

S91-70

S91-85

S91-78

S91-86

S90-46

S91-74

S80-13

14-SP-001

14-SP-004

S80-14

S91-81

14-SP-007

S91-68

S91-79

S91-63

S91-84

S90-51

S89-35

14-SP-006S90-59

S80-11

S90-52

S90-49

S90-54

S92-90

S80-12

S90-55

S91-80

S89-37

S79-08

S80-22

S90-56

S90-44

S79-06

S91-64

S90-50

S90-45

S90-58

S90-60

S90-43

S91-75

S92-92

S92-91

S89-36

S80-17

S90-61

S-1

S89-41

14-SP-005

S80-20

S90-47

14-SP-002

14-SP-008

S79-03

S80-26

S80-24

S80-18

S89-33

S80-28

S80-15

S79-02

S79-10

S90-62S91-67

S79-01

S90-57

S79-05

S80-27

S80-25

S79-07

S80-19

S79-04

S79-09

S90-48

S91-65

S91-69

S91-72S91-76

S91-77

14-SP-003

S80-16

S90-53

S89-39

S15-015

S15-010

S15-012

S15-017

S15-016

S15-011

S15-013S15-014

S15-018

S15-019

S15-020

S15-023

S15-056

S15-053

S15-054

S15-058

S15-064

S15-055

S15-057

S15-059

S15-033

S15-061

S15-063

S15-064

S15-062

S15-065S15-066

S15-068

S15-067S15-070

S15-069S15-021

Mt Edziza FlowsMt Edziza Flows

Stuhini VolcanicsStuhini Volcanics

Stuhini VolcanicsStuhini Volcanics

1500 m

1700 m

410800

410800

411000

411000

411200

411200

411400

411400

411600

411600

411800

411800

6394

600

6394

600

6394

800

6394

800

6395

000

6395

000

6395

200

6395

200

0 50 100 15025

Meters

sup3

500 Colour Zone

Central Zone(Porphyry and QC Structures)

O P E N

O P E N

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Exploration Trail

Cross Section Line

Monzonite

sup3$1 2015 Drill Hole (Complete)

sup3 2015 Drill Hole (In Progress)$1

sup3 2014 Drill Hole

sup3 Historic Drill Hole

$1

$1

Road Zone

Spectrum GoldDiamond Drill Hole Plan Map

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 0020

Date - 2012610 5Drawn By - CSG

TSX-V SKE

O P E N

Boundary Zone

O P E N

O P E N

O P E NO P E N

O P E N

300 Colour Zone

O P E N

O P E N

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410800 E

410850 E

410850 E

410900 E

410900 E

410950 E

410950 E

6395200 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m 1600 m

1650 m 1650 m

1700 m 1700 m

2m 464 gt Au

100 m

S15-066

S15-066

TSXV SKE

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410820 E

410840 E

410860 E

410880 E

410880 E

410900 E

410900 E

410920 E

410920 E

410940 E

410940 E

410960 E

410960 E

410980 E

410980 E

6395080 N

6395100 N

6395120 N

6395140 N

6395140 N

6395160 N

6395160 N

6395180 N

6395180 N

6395200 N

6395200 N

6395220 N

6395220 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m

1650 m 1650 m

1700 m 1700 m

559

294552

m 115 gt Au

2m 231 gt Au

100 m

S15-068

S15-068

S89-37

S89-3

7

S90-43

S90-43

100 m

S90-44

S90-44

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4610N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Monzonite (Lower)

100 m

200 m

S15-058

S15-058

(NSV)

100 m

200 m

S15-059

S15-059(NSV)

S90-49

100 m

S90-49

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4645N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-054

S15-054

(NSV)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4700N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

100 m

300 m

S15-043

S15-043

100 m

200 m

300 m

S90-50

100 m

S90-50

300 m

200 m

100 m

S15-061

S15-061

S15-063

S15-063

101m 072 gt Au

137m 112 gt Au

4m 2424 gt AuIncluding2m 448 gt Au

114m 1673 gt AuIncluding2m 818 gt Au

4m 2659 gt AuIncluding2m 465 gt Au2m 668 gt Au

2m

335 gt Au

2m 234 gt Au

2m 208 gt Au

2m 247 gt Au

18m 269 gt Au

2m 206 gt Au

2m 485 gt Au

2m 273 gt Au

2m 405 gt A

uIncluding2m 578 gt Au

2m 119 gt Au

2m 289 gt A

u

8m 404 gt AuIncluding

2m 875 gt Au

4480

8180

4650668

578

1190

875

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-009

14-SP-009

100 m

200 m

S15-010

S15-010

100 m

200 m

S15-013

S15-013

100 m

200 m

S15-014

S15-014

100 m

200 m

300 m

400 m

S15-045

S15-045

300 m

100 m

S79-02

S79-02

100 m

S80-18

S80-18

100 m

S89-34

S89-34

100 m

200 m

S15-055

S15-055

100 m

200 m

300 m

400 m

S15-064

S15-064

17m

419 gt Au

2m 292 gt Au

198m 134 gt Au

212m 224 gt Au

17m 1783 gt Au

141m 028 gt Au

31m

02 gt Au

127m 126 gt AuIncluding13m 338 gt Au2m 222 gt Au2m 227 gt Au2m 290 gt Au10m 23 gt Au

1695m 495 gt AuIncluding7m of 795 gt Au

33m 184 gt AuIncluding15m 475 gt Au

36m 164 gt AuIncluding2m 221 gt Au

2m 168 gt Au

2m 107 gt Au

4m 1367 gt Au

2m 179 gt Au

2m 10 gt Au

1m 111 gt Au

2m 2545 gt Au

6m 312 gt Au

2m 213 gt Au

175m 117 gt Au

2m 281 gt Au

14m 159 gt Au

19m 544 gt Au

415m 214 gt Au

4m 318 gt Au

2m 243 gt Au

5m 225 gt Au

4m 16 gt Au

2m 213 gt Au

2m 235 gt Au

14m 827 gt Au

6m 309 gt AuIncluding

1m 231 gt Au

2m 325 gt Au

2m 575 gt A

u

5252210

10001110

25450

9282210

1590

960

12101240

2130

1170

827

2310

575

1460

607

2256

614

1783

934

(Looking North)

Spectrum Gold Project - Section 4750N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

536

843

979

856

212

265328

240

205334

383

233

354203

950

271

247

345211

439

2983780

223

204

4980

287285

641774

238

918

207

296224

247214

223

398

799

353

219

226288

254

219

562

247

233

785

298

291

1196675

273

683

967

556

6021020

231

495

1200

390

220

3500

684447

356

756

590

324

220

451

832

645

1390

804

6m 786 gt Au

16m 856 gt Au

738m 179 gt Au

38m 128 gt Au

6m 207 gt Au

4m 286 gt Au

4m 708 gt Au

40m 131 gt Au

425m 136 gt Au

799m 156 gt Au

1247m 084 gt Au

61m 162 gt AuIncluding2m 238 gt Au4m 562 gt Au6m 199 gt Au2m 247 gt Au2m 214 gt Au

36m 104 gt AuIncluding5m 2 gt Au2m 228 gt Au135m 24 gt Au

12m 362 gt AuIncluding2m 95 gt Au

184m 64 gt AuIncluding39m 2527 gt AuAlso Including19m 50 gt Au

17m 18 gt AuIncluding20m 683 gt Au30m 245 gt Au

17m 967 gt Au

11m 31 gt AuIncluding22m 556 gt Au

6m 544 gt AuIncluding2m 102 gt Au

15m 456 gt Au

66m 1059 gt AuIncluding14m 378 gt Au

2m

231 gt Au

8m 536 gt AuIncluding2m 12 gt Au

14m 782 gt AuIncluding2m 35 gt Au

2m

756 gt Au

2m

59 gt A

u

225m

22 gt Au

15m

451 gt Au

2m 236 gt Au

2m 251 gt Au

2m 832 gt Au

2m 46 gt Au

26m 1018 gt Au

09m 804 gt Au

200 m

S15-011

S15-011

S15-012

S15-012

100 m

S15-016

S15-016

100 m

200 m

300 m

S15-042

S15-042

100 m

S15-048

S15-048(NSV)

100 m

200 m

S15-049

S15-049

100 m

200 m

300 m

S15-052

S15-052

100 m

200 m

300 m

S15-057

S15-057

100 m

S79-01

S79-01

S79-03

S80-19

S80-19

100 m

S92-92

S92-92

S15-070

100 m

200 m

300 m

400 m

S15-07

0

(Looking North)

Spectrum Gold Project - Section 4810N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

294

288

883613587

228

379

7450

504

254

1220

879

222

207

286

222

229

706

315

312

291

607

363

315

459

2670

594

2m 294 gt Au

2m 288 gt Au

2615m 821 gt AuIncluding915m 473 gt AuAlso Including215m 88 gt Au15m 61 gt Au2m 59 gt Au35m 442 gt AuAlso Including2m 745 gt Au

44m 112 gt AuIncluding2m 254 gt Au15m 122 gt Au

1m 879 gt Au

137m 064 gt Au

14m 262 gt Au

6m 204 gt Au

87m 286 gt Au

8m 218 gt Au

55m 344 gt Au

6m 555 gt Au

20m

222 gt Au

22m 207 gt Au

2m 286 gt A

u2m 222 gt A

u

2m 225 gt Au

2m 476 gt Au

1m 267 gt Au

11m 282 gt A

u

21m 293 gt Au

2m 266 gt Au

14m 594 gt Au

200 m

S15-015

S15-015

S15-021

S15-021

100 m

S15-028

100 m

200 m

300 m

S15-051

S15-051

100 m

200 m

300 m

S15-056

S15-056

S15-062

(NSV)

300 m

400 m

500 m

S15-062(Cont on 4890N)

S80-23

100 m

S80-23100 m

S80-26

S80-2

6100 m

S80-27

S80-27

S90-48

S90-48

S15-028

100 m

200 m

300 m

400 m

S15-067

S15-067

S15-069

100 m

200 m

400 m

S15-069

(Cont on 4890N)

(Looking North)

Spectrum Gold Project - Section 4850N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

41

11

00

E4

11

10

0 E

41

11

50

E4

11

15

0 E

41

12

00

E4

11

20

0 E

41

12

50

E4

11

25

0 E

41

13

00

E4

11

30

0 E

41

13

50

E4

11

35

0 E

41

14

00

E

41

14

50

E

41

15

00

E4

11

50

0 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

243

316

295

266697256

272359

879

925690

256

274

268

283

829

207

473

582

586

1860427

995

592

983

8090

288

240

405

1587

442

405

261

208

1020

12m 154 gt AuIncluding2m 243 gt Au4m 306 gt Au

21m

09 gt Au

135m 278 gt AuIncluding2m 697 gt Au

1m 879 gt Au

6m 555 gt Au

2m 256 gt Au

4m 271 gt Au

2m 283 gt Au

1m 829 gt Au

2m 473 gt Au

135m 582 gt Au

2m 586 gt Au

93m 395 gt AuIncluding13m 186 gt Au2m 427 gt Au

15m 995 gt Au1m 592 gt Au

23m 809 gt Au

9m 173 gt Au

122m 157 gt Au

85m 123 gt Au

47m 279 gt Au

19m 39 gt Au

144m 117 gt Au

2m 983 gt A

u

2m 253 gt A

u

1m 102 gt A

u

100 m

200 m

S15-019

S15-019

S15-028

S15-028

100 m

200 m

S15-031

S15-031

100 m

200 m

S15-041

S15-041

100 m

200 m

300 m

S15-050

S15-050

100 m

200 m

300 m

S15-053

S15-053

S15-062

(Cont from

4850N)

600 m

S15-062(NSV)

S79-04S79-05

S79-05

S79-06

S79-06

S79-07

S79-08

S79-08

S80-23

S80-23

S80-28

S80-28

100 m

S89-35

S89-35

100 m

S92-91

S92-91

S1

5-0

69

(Co

nt fro

m 4

85

0N)

400

m

S1

5-0

69

(Looking North)

Spectrum Gold Project - Section 4890N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

500 Colour Zone

Central Zone(Porphyry and QC structures)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure

MAIN amp NORTH DONNELLY ZONES - MEASURED PLUS INDICATED RESOURCE

Cut-off

(Cu )

Tonnes gt Cut-off

(tonnes)

Grade gt Cut-off

Contained Metal

Cu ()

Au (gt)

Million lbs Cu

Million ozs Au

015

183970000

028

032

113583

1899

020

133670000

032

036

94023

1560

025

90170000

037

041

72571

1183

030

60690000

041

045

54867

0880

035

39400000

046

050

39790

0628

040

25880000

050

054

28647

0448

045

16150000

055

059

19586

0307

050

9510000

060

066

12666

0202

MAIN amp NORTH DONNELLY ZONES - INFERRED RESOURCE

Cut-off

(Cu )

Tonnes gt Cut-off

(tonnes)

Grade gt Cut-off

Contained Metal

Cu ()

Au (gt)

Million lbs Cu

Million ozs Au

015

100190000

022

028

49044

0912

020

53690000

026

033

31254

0570

025

29510000

030

036

19391

0344

030

11590000

034

041

8587

0151

035

2870000

038

046

2424

0042

040

510000

046

046

517

0008

045

240000

051

049

269

0004

050

110000

056

058

135

0002

Page 8:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

Spectrum Goldgt 100 ownership interestgt High-grade gold zones occur within a broader halo of porphyry-style gold-

copper mineralization

gt Host is Triassic Stuhini Group volcanics amp sediments at the contact of aTriassic-Jurassic porphyry intrusion

gt High-grade gold is related to steeply dipping panels of stockwork quartz-carbonate-sulphide veinlet extending over 650 metres of strike

gt Mineralization remains open along strike and at depth appears related tohydrothermal fluids associated with the porphyry intrusion

gt Its characteristics are consistent with the upper portion of an alkaliporphyry-style Cu-Au deposit similar to other important deposits in theStikine

wwwskeenaresourcescom 9

Geology and Mineralized Zones

wwwskeenaresourcescom 10

Tovia Orange

Summary of Mineralized Zones

wwwskeenaresourcescom 11

Name Description

Central Zone

QC Structure North-striking zone of fractured silicified volcanic rocks 30 to 70 m east of the monzonite dyke containing 2 main parallel high grade gold-bearing structures that pinch and swell along a strike length of 650 m Best drill intercept of 3176 gt Au over 60 m

Porphyry Structure Parallel to QC zone lies 0-30m east of monzonite dyke Contains two high-grade gold zones of variable width and grade within a shell of lower-grade disseminated Cu-Au mineralization 2014 drill intercepts include 106 gt Au over 270 m

500 Colour Zone Northwest-striking branch of QC-Porphyry zones related to monzonitic dyke swarm Drilled for 450 m strike length with erratic gold intercepts Best drill intercept 2545 gt Au Over 20 m

33 Zone Easterly trending splay from main monzonite dyke intersected in one drill hole (8 m 11 gt Au)

300 Colour Zone One drill hole yielded 21 m 559 gt Au and 04 m 2945 gt Au

Boundary Zone Anomalous gold in propylitic altered volcanic drill intercept of 072 gt (0021 ozton) over 103 m

4440 Zone Defined at surface only no drilling 79 gt Au over 07 m surface channel sample

Skarn (Malachite) Showing Along southwest-trending splay of Monzonite dyke Surface channel sample 20 m long returned 29 gt Au and 05 Cu

West Creek Showing Gold-copper soil anomaly no drilling Surface channel sample 10 Cu 31 gt Au 3771 gt (110 ozton) Au over 415 m

GR Showing Gold-copper soil anomaly no drilling Rock grab samples to 3428 gt Au (100 ozton)

East Creek Zone North-trending 5 m wide silicified zone traced at surface for 600m strike length High grade gold with pyrite arsenopyrite chalcopyrite and sphalerite Drill intercept of 26 m 3445 gt Au trench sample 26 m 584 gt Au

Hawk Vein North-trending traced for 200m strike underground Best gold grades Surface 2914 gt Au (085 ozton) over 035 m Adit 668 gt Au (0195 ozton) over 10 m

ozshort ton converted to gramstonne using the conversion factor 10 ozton = 3428 gtonne

Spectrum Free Gold in Drill Coregt Visible gold has been identified in about 40 of the holes logged to date

in 2015

wwwskeenaresourcescom 12

Metallurgy ndash Gravity and Cyanide A bench-scale metallurgical test was conducted on 2014 drill core obtained from throughout two of the mineralized zones The work was performed by Saskatchewan Research Council under the supervision of Michael Yakimchuk P Eng (see news release of May 12 2015)

wwwskeenaresourcescom 13

QC Structure

gtThe composite head-feed sample was calculated to be 1396 gt Au as compared tothe weighted average of 1350 gt for the individual drill core sample assays

gtA gravity recovery test yielded gold recovery of 564

gtAn overall gold recovery of 988 was obtained when both gravity and subsequentcyanide leaching of the gravity tails were performed

Porphyry Structure

gtThe composite head feed sample was calculated to be 876 gt Au as compared to theweighted average of 1055 gt for the individual drill core samples

gtA gravity recovery test yielded gold recovery of 246

gtAn overall gold recovery of 916 when both gravity and subsequent cyanide leachingof the gravity tails were performed

Metallurgy ndash Flotation StudiesBench scale test work completed at SRC under the direction of Michael YakimchukP Eng has shown that the mineralized rock also returns high gold recovery when using a flotation process (see news release of July 20 2015)

gt Samples from the QC structures in the Central zone were upgraded by flotation from a composite head grade of 944 to over 22 gt Au with an average overall recovery of 85 with multiple tests yielding gold recoveries over 95

gt Samples from the Porphyry structures in the Central zone were upgraded from a composite head grade 969 gt to an average of over 364 gt with average overall recovery of 928 and multiple tests yielding gold recoveries over 95

Conclusion the positive results from each of gravity cyanidation and flotation tests demonstrate there is flexibility for future mineral processing of the mineralization Additional test work is planned after the 2015 field season

wwwskeenaresourcescom 14

Management and Share StructureDirectors amp Management

Ron Netolitzky MSc Chairman Director

Walt Coles Jr President amp CEO Director

Rupert Allan PGeol Vice President of Exploration Director

Michael Cathro MSc PGeo Vice President of Operations

Peter Tredger MBA PEng Director

Karen Allan CMA CFOCorporate Secretary

Share Structure (as at Nov 9 2015)

Shares Outstanding 325401172

Options ($010 strike price)

Warrants ($010 strike price)

Fully Diluted

Working Capital

14700000

40397000

380498172

$4 million

Includes 76663517 common shares in escrow

wwwskeenaresourcescom 15

The ExpertiseSkeenarsquos Board and Management has considerable exploration and development experience in northwestern British Columbia

Ron Netolitzky was one of the primary developers behind the Snip Mine that Cominco placed into production and Eskay Creek which was developed by Homestake and Barrick For these achievements amongst numerous other international accomplishments Mr Netolitzky received the Prospector of the Year award from the PDAC and Developer of the Year award from the BC amp Yukon Chamber of Mines Ron was also inducted into the Canadian Mining Hall of Fame in 2015

Peter Tredger was one of the developers of the Golden Bear mine as well as being intimately involved with the merger of Blue Pearl Resources and the expansion of the Thompson Creek Metals portfolio

Rupert Allan P Geol is a consulting geologist with 45 yearsrsquo experience in base and precious metals exploration throughout Canada and internationally He has worked extensively in northwest British Columbia and was instrumental in the permitting and development of the Brewery Creek heap leach gold mine in the Yukon

Michael Cathro P Geo is a registered professional geoscientist in British Columbia and holds a BSc from Queens University and a MSc from the Colorado School of Mines Mr Cathros 35-year career has included work as an exploration geologist on gold and base-metal projects in Canada and overseas and 17 years in technical and management roles with the BC Ministry of Energy Mines and Petroleum Resources

wwwskeenaresourcescom 16

Past SuccessesSpectrumrsquos Past Exploration Development Success Ratio

gt 243600 historical oz of Au from 11902 m of historical drilling

gt 205 oz Au discovered for every metre drilled

gt Assuming $250 per metre drilling cost = $1220 per oz Au discovery cost

Historic mines in NW British Columbia where Netolitzky was the driving forcebehind their development

gt Snip Gold Minersaquo 1 million oz Au produced at 25 gt

gt Eskay Creek Minersaquo 327 million oz Au produced at 49 gtrsaquo 158 million oz Ag produced at 2406 gt

wwwskeenaresourcescom 17

Past performance should not be construed to mean future drill results and exploration development success will be guaranteedThis estimate precedes NI 43-101 and is not to be relied upon This estimate is not current and a Qualified Person has not done sufficient work toclassify the historical estimate and Skeena is not treating the historical estimate as a current resource

Contact Information

wwwskeenaresourcescom 18

Tony PerriManager Investor Relations

tperriskeenaresourcescomTel +16046848725Dir +16045587681Fax +16045587695

Skeena Resources LimitedSuite 650 ndash 1021 West Hastings StreetVancouver British Columbia Canada

V6E 0C3

wwwskeenaresourcescomTSX Venture Exchange SKE

Appendix

Figures from 2015 Spectrum Drill Program

gt Table of Intersectionsgt Drill plangt Cross-sectionsgt Gold in soil maps

wwwskeenaresourcescom 19

Page13 113 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐010 270 -shy‐52 278 340 700 360 164including 500 700 200 221

9430 9600 170 41914500 14700 200 292 01119900 20040 140 159

S15-shy‐011 270 -shy‐45 2235 600 1200 600 7862000 2160 160 8564800 8400 3600 104 30 010

including 5000 5500 500 200and 6200 6400 200 328 011and 7100 7235 135 240 136 062

11000 11738 738 179 56 01313000 14200 1200 362 52 016

including 14000 14200 200 95 90 024

S15-shy‐012 270 -shy‐55 251 3500 7300 3800 12810200 10860 660 1059 31 019

including 10550 10690 140 37814000 14600 600 207 15019760 21600 1840 640 88

including 19760 20150 390 2527 595 033including 19960 20150 190 498 1180 063

21200 21600 400 286 8823400 23800 400 708 175 012

S15-shy‐013 270 -shy‐45 200 300 13000 12700 126 52 015including 2000 3300 1300 338 77 024

and 2720 2940 220 96 115 036and 3100 3300 200 450 138 031and 4800 5000 200 222and 7800 8000 200 227 59 016and 10800 11000 200 290 011and 12000 13000 1000 230 53 014

S15-shy‐014 270 -shy‐58 2175 300 700 400 3181900 2100 200 243

Page13 213 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 3000 3500 500 225 0225100 5500 400 160 0247700 9395 1695 495 205 070

including 8300 9000 700 795 355 09315300 15500 200 213 6317100 17275 175 11720800 21000 200 281 72 011

S15-shy‐015 270 -shy‐50 259 2800 3000 200 2943800 4000 200 28816385 19000 2615 821

Including 16385 17300 915 473And 16385 16600 215 883And 16750 16900 150 613And 17100 17300 200 587And 18050 18400 350 442 75

Including 18200 18400 200 745 85

S15-shy‐016 270 -shy‐48 179 3400 9500 6100 162 014Including 3400 3600 200 238

And 4800 5200 400 563 96 022Including 4800 5000 200 918 110 022

And 6500 7100 600 199 012And 8700 8900 200 247 011And 9300 9500 200 214 55 014

S15-shy‐017 270 -shy‐55 193 10315 10400 085 979 430012800 13600 800 1046 83

including 12800 13030 230 3333 267 01315740 16100 360 116818000 18275 275 279 54 010

S15-shy‐018 270 -shy‐45 302 13900 14130 230 11118300 18500 200 613 01022100 22700 600 544 234

Including 22500 22700 200 132 63825100 25300 200 237

Page13 313 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐019 270 -shy‐50 215 1900 3100 1200 155including 1900 2100 200 243

And 2700 3100 400 3069600 11700 2100 090 01015900 17250 1350 278

Including 16300 16500 200 697

S15-shy‐020 270 -shy‐45 258 23600 23800 200 251

S15-shy‐021 270 -shy‐50 605 Hole13 abandonded13 in13 fault13 Poor13 recovery13 No13 significant13 values

S15-shy‐022 270 -shy‐50 254 15000 15200 200 78616800 17000 200 13517410 18900 1490 897

Including 17410 17700 290 3851 54Including 17410 17562 152 347

And 17562 17700 138 427 81

S15-shy‐023 270 -shy‐45 225 6000 8590 2590 077 011Including 8000 8200 200 458 012

16500 16700 200 243 01019300 19660 360 561 103

Including 19300 19460 160 917 13520800 21000 200 211 85

S15-shy‐024 270 -shy‐60 244 3200 3400 200 2937600 8000 400 35913625 13716 091 641 24017020 17220 200 314 5118300 19264 964 681 207 009

Including 18700 18870 170 141 204 014

S15-shy‐025 270 -shy‐45 181 1100 1300 200 3144100 4900 800 414

Including 4100 4215 115 172 98 01511100 13400 2300 143

Page13 413 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 Including 11100 11300 200 276

And 12800 13000 200 531

S15-shy‐026 270 -shy‐45 260 800 1000 200 477 12212250 12450 200 22414870 15270 400 31218250 19050 800 567 015

Including 18250 18450 200 89 80 027And 18850 19050 200 101 014

S15-shy‐027 266 -shy‐48 266 19400 19600 200 251

S15-shy‐028 270 -shy‐50 254 500 4900 4400 112Including 1100 1300 200 254

And 3500 3650 150 12216600 16700 100 87919800 20400 600 555 54

S15-shy‐029 266 -shy‐45 219 14740 14900 160 411 01120500 20700 200 735 5910

S15-shy‐030 270 -shy‐45 265 21450 21550 100 587 252024700 24900 200 213

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022Including 2900 3100 200 256 013

And 9300 9700 400 271 58 021And 10900 11100 200 283 013And 13500 13600 100 829 67 011And 19300 19500 200 473 145 032And 21700 21835 135 582 228 435

S15-shy‐032 270 -shy‐45 2943

S15-shy‐033 270 -shy‐45 117

S15-shy‐034 270 -shy‐57 196

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 513 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐035 265 -shy‐45 2425 2900 3100 200 25515900 16100 200 27816750 16900 150 670 713 08423020 23130 110 648 741

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008Including 14215 14675 460 180 75

S15-shy‐037 265 -shy‐45 220 3700 4100 400 315 5416900 17100 200 224 011

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010Including 1000 1200 200 334

And 11400 12400 1000 184 82 018

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017Including 1700 6100 4400 140 68 017Including 3100 3300 200 626 014

S15-shy‐040 265 -shy‐45 299 16900 18300 1400 190Including 16900 17000 100 704 77

And 17400 17510 110 582 10820570 20780 210 446 126 02323280 23930 650 13623280 23350 070 530 259 041

S15-shy‐041 265 -shy‐50 214 8500 8700 200 586 7814570 15500 930 395

Including 14570 14700 130 186And 15300 15500 200 427

19050 19200 150 995 53321300 21400 100 592 61

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005Including 2500 4200 1700 179Including 2500 2700 200 683 53

Page13 613 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 11330 11500 170 96716500 17600 1100 310

Including 16710 16930 220 55619200 19800 600 544 11119600 19800 200 102 29020700 20850 150 456

S15-shy‐043 265 -shy‐45 362 19700 20100 400 2424Including 19900 20100 200 448

21060 22200 1140 1673Including 21600 21800 200 818 56

23000 23400 400 2659Including 23000 23200 200 465

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 40 014Including 5700 5900 200 662 68 027

And 14100 14300 200 327 54 01320200 24973 4773 049 30 013

S15-shy‐045 265 -shy‐45 275 18500 18700 200 21321700 21900 200 235

S15-shy‐046 265 -shy‐45 266 4000 4400 400 30615900 16100 200 41919200 19600 400 1697 100

Including 19400 19600 200 298 150 015

S15-shy‐047 265 -shy‐45 320 12200 12400 200 23325495 25635 140 154 210 011

S15-shy‐048 265 -shy‐55 1498

S15-shy‐049 265 -shy‐45 269 12500 12700 200 23118500 19300 800 536

Including 18700 18900 200 12021100 22500 1400 782 011

Including 21500 21700 200 350 79 022

Abandoned13 Before13 Zone13 -shy‐13 No13 Significant13 Values

Page13 713 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 23500 23700 200 75624300 24500 200 590

S15-shy‐050 265 -shy‐50 338 28800 29000 200 983

S15-shy‐051 265 -shy‐50 385 2800 3000 200 2229030 9250 220 20721950 22150 200 286 117 01323750 23950 200 222

S15-shy‐052 265 -shy‐46 365 22575 22800 225 22029650 29800 150 451

S15-shy‐053 256 -shy‐46 341

S15-shy‐054 252 -shy‐45 256

S15-shy‐055 265 -shy‐45 3813 20000 20600 600 309Including 20460 20600 140 827

28650 28750 100 2310

S15-shy‐056 265 -shy‐50 365 25600 25800 200 22531300 31500 200 47635900 36000 100 267

S15-shy‐057 265 -shy‐46 395 21700 21900 200 236 37130200 30400 200 25132800 33000 200 832 127 038

S15-shy‐058 265 -shy‐45 212

S15-shy‐059 265 -shy‐65 21430

S15-shy‐060 265 -shy‐45 422 20700 21300 600 327Including 21100 21300 200 589

25200 27000 1800 613 008Including 25800 25900 100 110 010

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 813 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 And 26400 26500 100 300 52 006And 26830 27000 170 306 019

30400 30600 200 210

S15-shy‐061 265 -shy‐45 317 18000 18200 200 33518800 19000 200 23422400 30000 7600 113 24 006

including 22400 22600 200 208And 24600 24800 200 247And 26400 28200 1800 269

Including 26400 26600 200 578 63And 28000 28200 200 1190

29800 30000 200 206 84

S15-shy‐062 263 -shy‐45 740

S15-shy‐063 265 -shy‐45 4472 21930 22130 200 485 642 05323600 23800 200 27328400 28600 200 40539800 41800 2000 187

Including 39600 40400 800 404Including 40200 40400 200 875

41800 42000 200 289

S15-shy‐064 265 -shy‐45 473 19100 19300 200 325 106033600 33800 200 575

S15-shy‐06513 (Boundary)

265 -shy‐45 265 2800 3000 200 332

12686 12800 114 1050

S15-shy‐06613 13 13 13 (30013 Colour)

70 -shy‐50 182 3200 3400 200 464

S15-shy‐067 270 -shy‐50 404

No13 Significant13 Values

No13 Significant13 Values

Page13 913 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐06813 13 13 13

(30013 Colour)50 -shy‐50 242 5000 10200 5200 115

Including 5200 6800 1600 18713200 13400 200 231

S15-shy‐069 270 -shy‐45 470 5600 5810 210 293 1016400 6600 200 26629865 30005 140 594 7942000 42200 200 253 01042580 42680 100 1020 1170 024

S15-shy‐070 270 -shy‐46 449 33600 33800 200 46039340 39600 260 1018 660 02141110 41200 090 804 011

NotesAll13 values13 are13 un-shy‐cutTrue13 width13 is13 estimated13 to13 be13 5513 to13 7013 of13 down13 hole13 intervalAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

Porphyry13 Au-shy‐Ag-shy‐Cu13 Intervals13 for13 201513 Spectrum13 holes

DDH13 Azimuth DipTotal13

Depth13 (m)From13 (m) To13 (m)

Interval13 (m)

Au13 gt13 (uncut) Ag13 gt Cu13

S15-shy‐011 270 -shy‐45 2235 300 20600 20300 097 33 012

S15-shy‐012 270 -shy‐55 251 250 23800 23550 141 42 007

S15-shy‐013 270 -shy‐45 200 300 19800 19500 075 39 015

S15-shy‐014 270 -shy‐58 2175 300 21200 20900 122 48 017

S15-shy‐016 270 -shy‐48 179 1130 17600 16470 090 41 014

S15-shy‐023 270 -shy‐45 225 430 21000 20570 047 28 009

S15-shy‐024 270 -shy‐60 244 300 19264 18964 088 26 006

S15-shy‐025 270 -shy‐45 181 1100 16600 15500 074 16 005

S15-shy‐026 270 -shy‐45 260 12050 22095 10045 092 22 006

S15-shy‐028 270 -shy‐50 254 500 22900 22400 061 29 007

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 402 014And 20200 24973 4773 049 302 013

All13 values13 are13 un-shy‐cutAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

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1600 m

S15-037

S15-035S15-029

S15-027

S15-026

S15-025

S15-032S15-030

S15-039S15-022S15-024

S15-040

S15-036S15-034 S15-060

S15-031

S15-028S15-041

S15-043

S15-049

S-4S-3

S-2

S15-038

4850N

4890N

5035N

5010N

5195N

S15-047

S15-044 S15-046

S15-050

S15-042

S15-048

S15-045

S15-052

S15-051

4975N

5150N

5235N

5095N

4810N

4750N

4700N

4930N

5285N

S91-82

14-SP-009

S91-83

S91-73

S91-66

S89-34

S91-71

S80-21

S91-70

S91-85

S91-78

S91-86

S90-46

S91-74

S80-13

14-SP-001

14-SP-004

S80-14

S91-81

14-SP-007

S91-68

S91-79

S91-63

S91-84

S90-51

S89-35

14-SP-006S90-59

S80-11

S90-52

S90-49

S90-54

S92-90

S80-12

S90-55

S91-80

S89-37

S79-08

S80-22

S90-56

S90-44

S79-06

S91-64

S90-50

S90-45

S90-58

S90-60

S90-43

S91-75

S92-92

S92-91

S89-36

S80-17

S90-61

S-1

S89-41

14-SP-005

S80-20

S90-47

14-SP-002

14-SP-008

S79-03

S80-26

S80-24

S80-18

S89-33

S80-28

S80-15

S79-02

S79-10

S90-62S91-67

S79-01

S90-57

S79-05

S80-27

S80-25

S79-07

S80-19

S79-04

S79-09

S90-48

S91-65

S91-69

S91-72S91-76

S91-77

14-SP-003

S80-16

S90-53

S89-39

S15-015

S15-010

S15-012

S15-017

S15-016

S15-011

S15-013S15-014

S15-018

S15-019

S15-020

S15-023

S15-056

S15-053

S15-054

S15-058

S15-064

S15-055

S15-057

S15-059

S15-033

S15-061

S15-063

S15-064

S15-062

S15-065S15-066

S15-068

S15-067S15-070

S15-069S15-021

Mt Edziza FlowsMt Edziza Flows

Stuhini VolcanicsStuhini Volcanics

Stuhini VolcanicsStuhini Volcanics

1500 m

1700 m

410800

410800

411000

411000

411200

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411800

411800

6394

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0 50 100 15025

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sup3

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Central Zone(Porphyry and QC Structures)

O P E N

O P E N

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Exploration Trail

Cross Section Line

Monzonite

sup3$1 2015 Drill Hole (Complete)

sup3 2015 Drill Hole (In Progress)$1

sup3 2014 Drill Hole

sup3 Historic Drill Hole

$1

$1

Road Zone

Spectrum GoldDiamond Drill Hole Plan Map

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 0020

Date - 2012610 5Drawn By - CSG

TSX-V SKE

O P E N

Boundary Zone

O P E N

O P E N

O P E NO P E N

O P E N

300 Colour Zone

O P E N

O P E N

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410800 E

410850 E

410850 E

410900 E

410900 E

410950 E

410950 E

6395200 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m 1600 m

1650 m 1650 m

1700 m 1700 m

2m 464 gt Au

100 m

S15-066

S15-066

TSXV SKE

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410820 E

410840 E

410860 E

410880 E

410880 E

410900 E

410900 E

410920 E

410920 E

410940 E

410940 E

410960 E

410960 E

410980 E

410980 E

6395080 N

6395100 N

6395120 N

6395140 N

6395140 N

6395160 N

6395160 N

6395180 N

6395180 N

6395200 N

6395200 N

6395220 N

6395220 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m

1650 m 1650 m

1700 m 1700 m

559

294552

m 115 gt Au

2m 231 gt Au

100 m

S15-068

S15-068

S89-37

S89-3

7

S90-43

S90-43

100 m

S90-44

S90-44

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4610N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Monzonite (Lower)

100 m

200 m

S15-058

S15-058

(NSV)

100 m

200 m

S15-059

S15-059(NSV)

S90-49

100 m

S90-49

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4645N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-054

S15-054

(NSV)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4700N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

100 m

300 m

S15-043

S15-043

100 m

200 m

300 m

S90-50

100 m

S90-50

300 m

200 m

100 m

S15-061

S15-061

S15-063

S15-063

101m 072 gt Au

137m 112 gt Au

4m 2424 gt AuIncluding2m 448 gt Au

114m 1673 gt AuIncluding2m 818 gt Au

4m 2659 gt AuIncluding2m 465 gt Au2m 668 gt Au

2m

335 gt Au

2m 234 gt Au

2m 208 gt Au

2m 247 gt Au

18m 269 gt Au

2m 206 gt Au

2m 485 gt Au

2m 273 gt Au

2m 405 gt A

uIncluding2m 578 gt Au

2m 119 gt Au

2m 289 gt A

u

8m 404 gt AuIncluding

2m 875 gt Au

4480

8180

4650668

578

1190

875

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-009

14-SP-009

100 m

200 m

S15-010

S15-010

100 m

200 m

S15-013

S15-013

100 m

200 m

S15-014

S15-014

100 m

200 m

300 m

400 m

S15-045

S15-045

300 m

100 m

S79-02

S79-02

100 m

S80-18

S80-18

100 m

S89-34

S89-34

100 m

200 m

S15-055

S15-055

100 m

200 m

300 m

400 m

S15-064

S15-064

17m

419 gt Au

2m 292 gt Au

198m 134 gt Au

212m 224 gt Au

17m 1783 gt Au

141m 028 gt Au

31m

02 gt Au

127m 126 gt AuIncluding13m 338 gt Au2m 222 gt Au2m 227 gt Au2m 290 gt Au10m 23 gt Au

1695m 495 gt AuIncluding7m of 795 gt Au

33m 184 gt AuIncluding15m 475 gt Au

36m 164 gt AuIncluding2m 221 gt Au

2m 168 gt Au

2m 107 gt Au

4m 1367 gt Au

2m 179 gt Au

2m 10 gt Au

1m 111 gt Au

2m 2545 gt Au

6m 312 gt Au

2m 213 gt Au

175m 117 gt Au

2m 281 gt Au

14m 159 gt Au

19m 544 gt Au

415m 214 gt Au

4m 318 gt Au

2m 243 gt Au

5m 225 gt Au

4m 16 gt Au

2m 213 gt Au

2m 235 gt Au

14m 827 gt Au

6m 309 gt AuIncluding

1m 231 gt Au

2m 325 gt Au

2m 575 gt A

u

5252210

10001110

25450

9282210

1590

960

12101240

2130

1170

827

2310

575

1460

607

2256

614

1783

934

(Looking North)

Spectrum Gold Project - Section 4750N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

536

843

979

856

212

265328

240

205334

383

233

354203

950

271

247

345211

439

2983780

223

204

4980

287285

641774

238

918

207

296224

247214

223

398

799

353

219

226288

254

219

562

247

233

785

298

291

1196675

273

683

967

556

6021020

231

495

1200

390

220

3500

684447

356

756

590

324

220

451

832

645

1390

804

6m 786 gt Au

16m 856 gt Au

738m 179 gt Au

38m 128 gt Au

6m 207 gt Au

4m 286 gt Au

4m 708 gt Au

40m 131 gt Au

425m 136 gt Au

799m 156 gt Au

1247m 084 gt Au

61m 162 gt AuIncluding2m 238 gt Au4m 562 gt Au6m 199 gt Au2m 247 gt Au2m 214 gt Au

36m 104 gt AuIncluding5m 2 gt Au2m 228 gt Au135m 24 gt Au

12m 362 gt AuIncluding2m 95 gt Au

184m 64 gt AuIncluding39m 2527 gt AuAlso Including19m 50 gt Au

17m 18 gt AuIncluding20m 683 gt Au30m 245 gt Au

17m 967 gt Au

11m 31 gt AuIncluding22m 556 gt Au

6m 544 gt AuIncluding2m 102 gt Au

15m 456 gt Au

66m 1059 gt AuIncluding14m 378 gt Au

2m

231 gt Au

8m 536 gt AuIncluding2m 12 gt Au

14m 782 gt AuIncluding2m 35 gt Au

2m

756 gt Au

2m

59 gt A

u

225m

22 gt Au

15m

451 gt Au

2m 236 gt Au

2m 251 gt Au

2m 832 gt Au

2m 46 gt Au

26m 1018 gt Au

09m 804 gt Au

200 m

S15-011

S15-011

S15-012

S15-012

100 m

S15-016

S15-016

100 m

200 m

300 m

S15-042

S15-042

100 m

S15-048

S15-048(NSV)

100 m

200 m

S15-049

S15-049

100 m

200 m

300 m

S15-052

S15-052

100 m

200 m

300 m

S15-057

S15-057

100 m

S79-01

S79-01

S79-03

S80-19

S80-19

100 m

S92-92

S92-92

S15-070

100 m

200 m

300 m

400 m

S15-07

0

(Looking North)

Spectrum Gold Project - Section 4810N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

294

288

883613587

228

379

7450

504

254

1220

879

222

207

286

222

229

706

315

312

291

607

363

315

459

2670

594

2m 294 gt Au

2m 288 gt Au

2615m 821 gt AuIncluding915m 473 gt AuAlso Including215m 88 gt Au15m 61 gt Au2m 59 gt Au35m 442 gt AuAlso Including2m 745 gt Au

44m 112 gt AuIncluding2m 254 gt Au15m 122 gt Au

1m 879 gt Au

137m 064 gt Au

14m 262 gt Au

6m 204 gt Au

87m 286 gt Au

8m 218 gt Au

55m 344 gt Au

6m 555 gt Au

20m

222 gt Au

22m 207 gt Au

2m 286 gt A

u2m 222 gt A

u

2m 225 gt Au

2m 476 gt Au

1m 267 gt Au

11m 282 gt A

u

21m 293 gt Au

2m 266 gt Au

14m 594 gt Au

200 m

S15-015

S15-015

S15-021

S15-021

100 m

S15-028

100 m

200 m

300 m

S15-051

S15-051

100 m

200 m

300 m

S15-056

S15-056

S15-062

(NSV)

300 m

400 m

500 m

S15-062(Cont on 4890N)

S80-23

100 m

S80-23100 m

S80-26

S80-2

6100 m

S80-27

S80-27

S90-48

S90-48

S15-028

100 m

200 m

300 m

400 m

S15-067

S15-067

S15-069

100 m

200 m

400 m

S15-069

(Cont on 4890N)

(Looking North)

Spectrum Gold Project - Section 4850N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

41

11

00

E4

11

10

0 E

41

11

50

E4

11

15

0 E

41

12

00

E4

11

20

0 E

41

12

50

E4

11

25

0 E

41

13

00

E4

11

30

0 E

41

13

50

E4

11

35

0 E

41

14

00

E

41

14

50

E

41

15

00

E4

11

50

0 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

243

316

295

266697256

272359

879

925690

256

274

268

283

829

207

473

582

586

1860427

995

592

983

8090

288

240

405

1587

442

405

261

208

1020

12m 154 gt AuIncluding2m 243 gt Au4m 306 gt Au

21m

09 gt Au

135m 278 gt AuIncluding2m 697 gt Au

1m 879 gt Au

6m 555 gt Au

2m 256 gt Au

4m 271 gt Au

2m 283 gt Au

1m 829 gt Au

2m 473 gt Au

135m 582 gt Au

2m 586 gt Au

93m 395 gt AuIncluding13m 186 gt Au2m 427 gt Au

15m 995 gt Au1m 592 gt Au

23m 809 gt Au

9m 173 gt Au

122m 157 gt Au

85m 123 gt Au

47m 279 gt Au

19m 39 gt Au

144m 117 gt Au

2m 983 gt A

u

2m 253 gt A

u

1m 102 gt A

u

100 m

200 m

S15-019

S15-019

S15-028

S15-028

100 m

200 m

S15-031

S15-031

100 m

200 m

S15-041

S15-041

100 m

200 m

300 m

S15-050

S15-050

100 m

200 m

300 m

S15-053

S15-053

S15-062

(Cont from

4850N)

600 m

S15-062(NSV)

S79-04S79-05

S79-05

S79-06

S79-06

S79-07

S79-08

S79-08

S80-23

S80-23

S80-28

S80-28

100 m

S89-35

S89-35

100 m

S92-91

S92-91

S1

5-0

69

(Co

nt fro

m 4

85

0N)

400

m

S1

5-0

69

(Looking North)

Spectrum Gold Project - Section 4890N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

500 Colour Zone

Central Zone(Porphyry and QC structures)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 9:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

Geology and Mineralized Zones

wwwskeenaresourcescom 10

Tovia Orange

Summary of Mineralized Zones

wwwskeenaresourcescom 11

Name Description

Central Zone

QC Structure North-striking zone of fractured silicified volcanic rocks 30 to 70 m east of the monzonite dyke containing 2 main parallel high grade gold-bearing structures that pinch and swell along a strike length of 650 m Best drill intercept of 3176 gt Au over 60 m

Porphyry Structure Parallel to QC zone lies 0-30m east of monzonite dyke Contains two high-grade gold zones of variable width and grade within a shell of lower-grade disseminated Cu-Au mineralization 2014 drill intercepts include 106 gt Au over 270 m

500 Colour Zone Northwest-striking branch of QC-Porphyry zones related to monzonitic dyke swarm Drilled for 450 m strike length with erratic gold intercepts Best drill intercept 2545 gt Au Over 20 m

33 Zone Easterly trending splay from main monzonite dyke intersected in one drill hole (8 m 11 gt Au)

300 Colour Zone One drill hole yielded 21 m 559 gt Au and 04 m 2945 gt Au

Boundary Zone Anomalous gold in propylitic altered volcanic drill intercept of 072 gt (0021 ozton) over 103 m

4440 Zone Defined at surface only no drilling 79 gt Au over 07 m surface channel sample

Skarn (Malachite) Showing Along southwest-trending splay of Monzonite dyke Surface channel sample 20 m long returned 29 gt Au and 05 Cu

West Creek Showing Gold-copper soil anomaly no drilling Surface channel sample 10 Cu 31 gt Au 3771 gt (110 ozton) Au over 415 m

GR Showing Gold-copper soil anomaly no drilling Rock grab samples to 3428 gt Au (100 ozton)

East Creek Zone North-trending 5 m wide silicified zone traced at surface for 600m strike length High grade gold with pyrite arsenopyrite chalcopyrite and sphalerite Drill intercept of 26 m 3445 gt Au trench sample 26 m 584 gt Au

Hawk Vein North-trending traced for 200m strike underground Best gold grades Surface 2914 gt Au (085 ozton) over 035 m Adit 668 gt Au (0195 ozton) over 10 m

ozshort ton converted to gramstonne using the conversion factor 10 ozton = 3428 gtonne

Spectrum Free Gold in Drill Coregt Visible gold has been identified in about 40 of the holes logged to date

in 2015

wwwskeenaresourcescom 12

Metallurgy ndash Gravity and Cyanide A bench-scale metallurgical test was conducted on 2014 drill core obtained from throughout two of the mineralized zones The work was performed by Saskatchewan Research Council under the supervision of Michael Yakimchuk P Eng (see news release of May 12 2015)

wwwskeenaresourcescom 13

QC Structure

gtThe composite head-feed sample was calculated to be 1396 gt Au as compared tothe weighted average of 1350 gt for the individual drill core sample assays

gtA gravity recovery test yielded gold recovery of 564

gtAn overall gold recovery of 988 was obtained when both gravity and subsequentcyanide leaching of the gravity tails were performed

Porphyry Structure

gtThe composite head feed sample was calculated to be 876 gt Au as compared to theweighted average of 1055 gt for the individual drill core samples

gtA gravity recovery test yielded gold recovery of 246

gtAn overall gold recovery of 916 when both gravity and subsequent cyanide leachingof the gravity tails were performed

Metallurgy ndash Flotation StudiesBench scale test work completed at SRC under the direction of Michael YakimchukP Eng has shown that the mineralized rock also returns high gold recovery when using a flotation process (see news release of July 20 2015)

gt Samples from the QC structures in the Central zone were upgraded by flotation from a composite head grade of 944 to over 22 gt Au with an average overall recovery of 85 with multiple tests yielding gold recoveries over 95

gt Samples from the Porphyry structures in the Central zone were upgraded from a composite head grade 969 gt to an average of over 364 gt with average overall recovery of 928 and multiple tests yielding gold recoveries over 95

Conclusion the positive results from each of gravity cyanidation and flotation tests demonstrate there is flexibility for future mineral processing of the mineralization Additional test work is planned after the 2015 field season

wwwskeenaresourcescom 14

Management and Share StructureDirectors amp Management

Ron Netolitzky MSc Chairman Director

Walt Coles Jr President amp CEO Director

Rupert Allan PGeol Vice President of Exploration Director

Michael Cathro MSc PGeo Vice President of Operations

Peter Tredger MBA PEng Director

Karen Allan CMA CFOCorporate Secretary

Share Structure (as at Nov 9 2015)

Shares Outstanding 325401172

Options ($010 strike price)

Warrants ($010 strike price)

Fully Diluted

Working Capital

14700000

40397000

380498172

$4 million

Includes 76663517 common shares in escrow

wwwskeenaresourcescom 15

The ExpertiseSkeenarsquos Board and Management has considerable exploration and development experience in northwestern British Columbia

Ron Netolitzky was one of the primary developers behind the Snip Mine that Cominco placed into production and Eskay Creek which was developed by Homestake and Barrick For these achievements amongst numerous other international accomplishments Mr Netolitzky received the Prospector of the Year award from the PDAC and Developer of the Year award from the BC amp Yukon Chamber of Mines Ron was also inducted into the Canadian Mining Hall of Fame in 2015

Peter Tredger was one of the developers of the Golden Bear mine as well as being intimately involved with the merger of Blue Pearl Resources and the expansion of the Thompson Creek Metals portfolio

Rupert Allan P Geol is a consulting geologist with 45 yearsrsquo experience in base and precious metals exploration throughout Canada and internationally He has worked extensively in northwest British Columbia and was instrumental in the permitting and development of the Brewery Creek heap leach gold mine in the Yukon

Michael Cathro P Geo is a registered professional geoscientist in British Columbia and holds a BSc from Queens University and a MSc from the Colorado School of Mines Mr Cathros 35-year career has included work as an exploration geologist on gold and base-metal projects in Canada and overseas and 17 years in technical and management roles with the BC Ministry of Energy Mines and Petroleum Resources

wwwskeenaresourcescom 16

Past SuccessesSpectrumrsquos Past Exploration Development Success Ratio

gt 243600 historical oz of Au from 11902 m of historical drilling

gt 205 oz Au discovered for every metre drilled

gt Assuming $250 per metre drilling cost = $1220 per oz Au discovery cost

Historic mines in NW British Columbia where Netolitzky was the driving forcebehind their development

gt Snip Gold Minersaquo 1 million oz Au produced at 25 gt

gt Eskay Creek Minersaquo 327 million oz Au produced at 49 gtrsaquo 158 million oz Ag produced at 2406 gt

wwwskeenaresourcescom 17

Past performance should not be construed to mean future drill results and exploration development success will be guaranteedThis estimate precedes NI 43-101 and is not to be relied upon This estimate is not current and a Qualified Person has not done sufficient work toclassify the historical estimate and Skeena is not treating the historical estimate as a current resource

Contact Information

wwwskeenaresourcescom 18

Tony PerriManager Investor Relations

tperriskeenaresourcescomTel +16046848725Dir +16045587681Fax +16045587695

Skeena Resources LimitedSuite 650 ndash 1021 West Hastings StreetVancouver British Columbia Canada

V6E 0C3

wwwskeenaresourcescomTSX Venture Exchange SKE

Appendix

Figures from 2015 Spectrum Drill Program

gt Table of Intersectionsgt Drill plangt Cross-sectionsgt Gold in soil maps

wwwskeenaresourcescom 19

Page13 113 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐010 270 -shy‐52 278 340 700 360 164including 500 700 200 221

9430 9600 170 41914500 14700 200 292 01119900 20040 140 159

S15-shy‐011 270 -shy‐45 2235 600 1200 600 7862000 2160 160 8564800 8400 3600 104 30 010

including 5000 5500 500 200and 6200 6400 200 328 011and 7100 7235 135 240 136 062

11000 11738 738 179 56 01313000 14200 1200 362 52 016

including 14000 14200 200 95 90 024

S15-shy‐012 270 -shy‐55 251 3500 7300 3800 12810200 10860 660 1059 31 019

including 10550 10690 140 37814000 14600 600 207 15019760 21600 1840 640 88

including 19760 20150 390 2527 595 033including 19960 20150 190 498 1180 063

21200 21600 400 286 8823400 23800 400 708 175 012

S15-shy‐013 270 -shy‐45 200 300 13000 12700 126 52 015including 2000 3300 1300 338 77 024

and 2720 2940 220 96 115 036and 3100 3300 200 450 138 031and 4800 5000 200 222and 7800 8000 200 227 59 016and 10800 11000 200 290 011and 12000 13000 1000 230 53 014

S15-shy‐014 270 -shy‐58 2175 300 700 400 3181900 2100 200 243

Page13 213 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 3000 3500 500 225 0225100 5500 400 160 0247700 9395 1695 495 205 070

including 8300 9000 700 795 355 09315300 15500 200 213 6317100 17275 175 11720800 21000 200 281 72 011

S15-shy‐015 270 -shy‐50 259 2800 3000 200 2943800 4000 200 28816385 19000 2615 821

Including 16385 17300 915 473And 16385 16600 215 883And 16750 16900 150 613And 17100 17300 200 587And 18050 18400 350 442 75

Including 18200 18400 200 745 85

S15-shy‐016 270 -shy‐48 179 3400 9500 6100 162 014Including 3400 3600 200 238

And 4800 5200 400 563 96 022Including 4800 5000 200 918 110 022

And 6500 7100 600 199 012And 8700 8900 200 247 011And 9300 9500 200 214 55 014

S15-shy‐017 270 -shy‐55 193 10315 10400 085 979 430012800 13600 800 1046 83

including 12800 13030 230 3333 267 01315740 16100 360 116818000 18275 275 279 54 010

S15-shy‐018 270 -shy‐45 302 13900 14130 230 11118300 18500 200 613 01022100 22700 600 544 234

Including 22500 22700 200 132 63825100 25300 200 237

Page13 313 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐019 270 -shy‐50 215 1900 3100 1200 155including 1900 2100 200 243

And 2700 3100 400 3069600 11700 2100 090 01015900 17250 1350 278

Including 16300 16500 200 697

S15-shy‐020 270 -shy‐45 258 23600 23800 200 251

S15-shy‐021 270 -shy‐50 605 Hole13 abandonded13 in13 fault13 Poor13 recovery13 No13 significant13 values

S15-shy‐022 270 -shy‐50 254 15000 15200 200 78616800 17000 200 13517410 18900 1490 897

Including 17410 17700 290 3851 54Including 17410 17562 152 347

And 17562 17700 138 427 81

S15-shy‐023 270 -shy‐45 225 6000 8590 2590 077 011Including 8000 8200 200 458 012

16500 16700 200 243 01019300 19660 360 561 103

Including 19300 19460 160 917 13520800 21000 200 211 85

S15-shy‐024 270 -shy‐60 244 3200 3400 200 2937600 8000 400 35913625 13716 091 641 24017020 17220 200 314 5118300 19264 964 681 207 009

Including 18700 18870 170 141 204 014

S15-shy‐025 270 -shy‐45 181 1100 1300 200 3144100 4900 800 414

Including 4100 4215 115 172 98 01511100 13400 2300 143

Page13 413 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 Including 11100 11300 200 276

And 12800 13000 200 531

S15-shy‐026 270 -shy‐45 260 800 1000 200 477 12212250 12450 200 22414870 15270 400 31218250 19050 800 567 015

Including 18250 18450 200 89 80 027And 18850 19050 200 101 014

S15-shy‐027 266 -shy‐48 266 19400 19600 200 251

S15-shy‐028 270 -shy‐50 254 500 4900 4400 112Including 1100 1300 200 254

And 3500 3650 150 12216600 16700 100 87919800 20400 600 555 54

S15-shy‐029 266 -shy‐45 219 14740 14900 160 411 01120500 20700 200 735 5910

S15-shy‐030 270 -shy‐45 265 21450 21550 100 587 252024700 24900 200 213

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022Including 2900 3100 200 256 013

And 9300 9700 400 271 58 021And 10900 11100 200 283 013And 13500 13600 100 829 67 011And 19300 19500 200 473 145 032And 21700 21835 135 582 228 435

S15-shy‐032 270 -shy‐45 2943

S15-shy‐033 270 -shy‐45 117

S15-shy‐034 270 -shy‐57 196

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 513 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐035 265 -shy‐45 2425 2900 3100 200 25515900 16100 200 27816750 16900 150 670 713 08423020 23130 110 648 741

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008Including 14215 14675 460 180 75

S15-shy‐037 265 -shy‐45 220 3700 4100 400 315 5416900 17100 200 224 011

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010Including 1000 1200 200 334

And 11400 12400 1000 184 82 018

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017Including 1700 6100 4400 140 68 017Including 3100 3300 200 626 014

S15-shy‐040 265 -shy‐45 299 16900 18300 1400 190Including 16900 17000 100 704 77

And 17400 17510 110 582 10820570 20780 210 446 126 02323280 23930 650 13623280 23350 070 530 259 041

S15-shy‐041 265 -shy‐50 214 8500 8700 200 586 7814570 15500 930 395

Including 14570 14700 130 186And 15300 15500 200 427

19050 19200 150 995 53321300 21400 100 592 61

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005Including 2500 4200 1700 179Including 2500 2700 200 683 53

Page13 613 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 11330 11500 170 96716500 17600 1100 310

Including 16710 16930 220 55619200 19800 600 544 11119600 19800 200 102 29020700 20850 150 456

S15-shy‐043 265 -shy‐45 362 19700 20100 400 2424Including 19900 20100 200 448

21060 22200 1140 1673Including 21600 21800 200 818 56

23000 23400 400 2659Including 23000 23200 200 465

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 40 014Including 5700 5900 200 662 68 027

And 14100 14300 200 327 54 01320200 24973 4773 049 30 013

S15-shy‐045 265 -shy‐45 275 18500 18700 200 21321700 21900 200 235

S15-shy‐046 265 -shy‐45 266 4000 4400 400 30615900 16100 200 41919200 19600 400 1697 100

Including 19400 19600 200 298 150 015

S15-shy‐047 265 -shy‐45 320 12200 12400 200 23325495 25635 140 154 210 011

S15-shy‐048 265 -shy‐55 1498

S15-shy‐049 265 -shy‐45 269 12500 12700 200 23118500 19300 800 536

Including 18700 18900 200 12021100 22500 1400 782 011

Including 21500 21700 200 350 79 022

Abandoned13 Before13 Zone13 -shy‐13 No13 Significant13 Values

Page13 713 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 23500 23700 200 75624300 24500 200 590

S15-shy‐050 265 -shy‐50 338 28800 29000 200 983

S15-shy‐051 265 -shy‐50 385 2800 3000 200 2229030 9250 220 20721950 22150 200 286 117 01323750 23950 200 222

S15-shy‐052 265 -shy‐46 365 22575 22800 225 22029650 29800 150 451

S15-shy‐053 256 -shy‐46 341

S15-shy‐054 252 -shy‐45 256

S15-shy‐055 265 -shy‐45 3813 20000 20600 600 309Including 20460 20600 140 827

28650 28750 100 2310

S15-shy‐056 265 -shy‐50 365 25600 25800 200 22531300 31500 200 47635900 36000 100 267

S15-shy‐057 265 -shy‐46 395 21700 21900 200 236 37130200 30400 200 25132800 33000 200 832 127 038

S15-shy‐058 265 -shy‐45 212

S15-shy‐059 265 -shy‐65 21430

S15-shy‐060 265 -shy‐45 422 20700 21300 600 327Including 21100 21300 200 589

25200 27000 1800 613 008Including 25800 25900 100 110 010

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 813 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 And 26400 26500 100 300 52 006And 26830 27000 170 306 019

30400 30600 200 210

S15-shy‐061 265 -shy‐45 317 18000 18200 200 33518800 19000 200 23422400 30000 7600 113 24 006

including 22400 22600 200 208And 24600 24800 200 247And 26400 28200 1800 269

Including 26400 26600 200 578 63And 28000 28200 200 1190

29800 30000 200 206 84

S15-shy‐062 263 -shy‐45 740

S15-shy‐063 265 -shy‐45 4472 21930 22130 200 485 642 05323600 23800 200 27328400 28600 200 40539800 41800 2000 187

Including 39600 40400 800 404Including 40200 40400 200 875

41800 42000 200 289

S15-shy‐064 265 -shy‐45 473 19100 19300 200 325 106033600 33800 200 575

S15-shy‐06513 (Boundary)

265 -shy‐45 265 2800 3000 200 332

12686 12800 114 1050

S15-shy‐06613 13 13 13 (30013 Colour)

70 -shy‐50 182 3200 3400 200 464

S15-shy‐067 270 -shy‐50 404

No13 Significant13 Values

No13 Significant13 Values

Page13 913 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐06813 13 13 13

(30013 Colour)50 -shy‐50 242 5000 10200 5200 115

Including 5200 6800 1600 18713200 13400 200 231

S15-shy‐069 270 -shy‐45 470 5600 5810 210 293 1016400 6600 200 26629865 30005 140 594 7942000 42200 200 253 01042580 42680 100 1020 1170 024

S15-shy‐070 270 -shy‐46 449 33600 33800 200 46039340 39600 260 1018 660 02141110 41200 090 804 011

NotesAll13 values13 are13 un-shy‐cutTrue13 width13 is13 estimated13 to13 be13 5513 to13 7013 of13 down13 hole13 intervalAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

Porphyry13 Au-shy‐Ag-shy‐Cu13 Intervals13 for13 201513 Spectrum13 holes

DDH13 Azimuth DipTotal13

Depth13 (m)From13 (m) To13 (m)

Interval13 (m)

Au13 gt13 (uncut) Ag13 gt Cu13

S15-shy‐011 270 -shy‐45 2235 300 20600 20300 097 33 012

S15-shy‐012 270 -shy‐55 251 250 23800 23550 141 42 007

S15-shy‐013 270 -shy‐45 200 300 19800 19500 075 39 015

S15-shy‐014 270 -shy‐58 2175 300 21200 20900 122 48 017

S15-shy‐016 270 -shy‐48 179 1130 17600 16470 090 41 014

S15-shy‐023 270 -shy‐45 225 430 21000 20570 047 28 009

S15-shy‐024 270 -shy‐60 244 300 19264 18964 088 26 006

S15-shy‐025 270 -shy‐45 181 1100 16600 15500 074 16 005

S15-shy‐026 270 -shy‐45 260 12050 22095 10045 092 22 006

S15-shy‐028 270 -shy‐50 254 500 22900 22400 061 29 007

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 402 014And 20200 24973 4773 049 302 013

All13 values13 are13 un-shy‐cutAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

sup3

sup3

sup3sup3

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sup3sup3

sup3sup3

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sup3

sup3sup3

sup3sup3

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$1

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1600 m

S15-037

S15-035S15-029

S15-027

S15-026

S15-025

S15-032S15-030

S15-039S15-022S15-024

S15-040

S15-036S15-034 S15-060

S15-031

S15-028S15-041

S15-043

S15-049

S-4S-3

S-2

S15-038

4850N

4890N

5035N

5010N

5195N

S15-047

S15-044 S15-046

S15-050

S15-042

S15-048

S15-045

S15-052

S15-051

4975N

5150N

5235N

5095N

4810N

4750N

4700N

4930N

5285N

S91-82

14-SP-009

S91-83

S91-73

S91-66

S89-34

S91-71

S80-21

S91-70

S91-85

S91-78

S91-86

S90-46

S91-74

S80-13

14-SP-001

14-SP-004

S80-14

S91-81

14-SP-007

S91-68

S91-79

S91-63

S91-84

S90-51

S89-35

14-SP-006S90-59

S80-11

S90-52

S90-49

S90-54

S92-90

S80-12

S90-55

S91-80

S89-37

S79-08

S80-22

S90-56

S90-44

S79-06

S91-64

S90-50

S90-45

S90-58

S90-60

S90-43

S91-75

S92-92

S92-91

S89-36

S80-17

S90-61

S-1

S89-41

14-SP-005

S80-20

S90-47

14-SP-002

14-SP-008

S79-03

S80-26

S80-24

S80-18

S89-33

S80-28

S80-15

S79-02

S79-10

S90-62S91-67

S79-01

S90-57

S79-05

S80-27

S80-25

S79-07

S80-19

S79-04

S79-09

S90-48

S91-65

S91-69

S91-72S91-76

S91-77

14-SP-003

S80-16

S90-53

S89-39

S15-015

S15-010

S15-012

S15-017

S15-016

S15-011

S15-013S15-014

S15-018

S15-019

S15-020

S15-023

S15-056

S15-053

S15-054

S15-058

S15-064

S15-055

S15-057

S15-059

S15-033

S15-061

S15-063

S15-064

S15-062

S15-065S15-066

S15-068

S15-067S15-070

S15-069S15-021

Mt Edziza FlowsMt Edziza Flows

Stuhini VolcanicsStuhini Volcanics

Stuhini VolcanicsStuhini Volcanics

1500 m

1700 m

410800

410800

411000

411000

411200

411200

411400

411400

411600

411600

411800

411800

6394

600

6394

600

6394

800

6394

800

6395

000

6395

000

6395

200

6395

200

0 50 100 15025

Meters

sup3

500 Colour Zone

Central Zone(Porphyry and QC Structures)

O P E N

O P E N

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Exploration Trail

Cross Section Line

Monzonite

sup3$1 2015 Drill Hole (Complete)

sup3 2015 Drill Hole (In Progress)$1

sup3 2014 Drill Hole

sup3 Historic Drill Hole

$1

$1

Road Zone

Spectrum GoldDiamond Drill Hole Plan Map

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 0020

Date - 2012610 5Drawn By - CSG

TSX-V SKE

O P E N

Boundary Zone

O P E N

O P E N

O P E NO P E N

O P E N

300 Colour Zone

O P E N

O P E N

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410800 E

410850 E

410850 E

410900 E

410900 E

410950 E

410950 E

6395200 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m 1600 m

1650 m 1650 m

1700 m 1700 m

2m 464 gt Au

100 m

S15-066

S15-066

TSXV SKE

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410820 E

410840 E

410860 E

410880 E

410880 E

410900 E

410900 E

410920 E

410920 E

410940 E

410940 E

410960 E

410960 E

410980 E

410980 E

6395080 N

6395100 N

6395120 N

6395140 N

6395140 N

6395160 N

6395160 N

6395180 N

6395180 N

6395200 N

6395200 N

6395220 N

6395220 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m

1650 m 1650 m

1700 m 1700 m

559

294552

m 115 gt Au

2m 231 gt Au

100 m

S15-068

S15-068

S89-37

S89-3

7

S90-43

S90-43

100 m

S90-44

S90-44

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4610N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Monzonite (Lower)

100 m

200 m

S15-058

S15-058

(NSV)

100 m

200 m

S15-059

S15-059(NSV)

S90-49

100 m

S90-49

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4645N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-054

S15-054

(NSV)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4700N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

100 m

300 m

S15-043

S15-043

100 m

200 m

300 m

S90-50

100 m

S90-50

300 m

200 m

100 m

S15-061

S15-061

S15-063

S15-063

101m 072 gt Au

137m 112 gt Au

4m 2424 gt AuIncluding2m 448 gt Au

114m 1673 gt AuIncluding2m 818 gt Au

4m 2659 gt AuIncluding2m 465 gt Au2m 668 gt Au

2m

335 gt Au

2m 234 gt Au

2m 208 gt Au

2m 247 gt Au

18m 269 gt Au

2m 206 gt Au

2m 485 gt Au

2m 273 gt Au

2m 405 gt A

uIncluding2m 578 gt Au

2m 119 gt Au

2m 289 gt A

u

8m 404 gt AuIncluding

2m 875 gt Au

4480

8180

4650668

578

1190

875

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-009

14-SP-009

100 m

200 m

S15-010

S15-010

100 m

200 m

S15-013

S15-013

100 m

200 m

S15-014

S15-014

100 m

200 m

300 m

400 m

S15-045

S15-045

300 m

100 m

S79-02

S79-02

100 m

S80-18

S80-18

100 m

S89-34

S89-34

100 m

200 m

S15-055

S15-055

100 m

200 m

300 m

400 m

S15-064

S15-064

17m

419 gt Au

2m 292 gt Au

198m 134 gt Au

212m 224 gt Au

17m 1783 gt Au

141m 028 gt Au

31m

02 gt Au

127m 126 gt AuIncluding13m 338 gt Au2m 222 gt Au2m 227 gt Au2m 290 gt Au10m 23 gt Au

1695m 495 gt AuIncluding7m of 795 gt Au

33m 184 gt AuIncluding15m 475 gt Au

36m 164 gt AuIncluding2m 221 gt Au

2m 168 gt Au

2m 107 gt Au

4m 1367 gt Au

2m 179 gt Au

2m 10 gt Au

1m 111 gt Au

2m 2545 gt Au

6m 312 gt Au

2m 213 gt Au

175m 117 gt Au

2m 281 gt Au

14m 159 gt Au

19m 544 gt Au

415m 214 gt Au

4m 318 gt Au

2m 243 gt Au

5m 225 gt Au

4m 16 gt Au

2m 213 gt Au

2m 235 gt Au

14m 827 gt Au

6m 309 gt AuIncluding

1m 231 gt Au

2m 325 gt Au

2m 575 gt A

u

5252210

10001110

25450

9282210

1590

960

12101240

2130

1170

827

2310

575

1460

607

2256

614

1783

934

(Looking North)

Spectrum Gold Project - Section 4750N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

536

843

979

856

212

265328

240

205334

383

233

354203

950

271

247

345211

439

2983780

223

204

4980

287285

641774

238

918

207

296224

247214

223

398

799

353

219

226288

254

219

562

247

233

785

298

291

1196675

273

683

967

556

6021020

231

495

1200

390

220

3500

684447

356

756

590

324

220

451

832

645

1390

804

6m 786 gt Au

16m 856 gt Au

738m 179 gt Au

38m 128 gt Au

6m 207 gt Au

4m 286 gt Au

4m 708 gt Au

40m 131 gt Au

425m 136 gt Au

799m 156 gt Au

1247m 084 gt Au

61m 162 gt AuIncluding2m 238 gt Au4m 562 gt Au6m 199 gt Au2m 247 gt Au2m 214 gt Au

36m 104 gt AuIncluding5m 2 gt Au2m 228 gt Au135m 24 gt Au

12m 362 gt AuIncluding2m 95 gt Au

184m 64 gt AuIncluding39m 2527 gt AuAlso Including19m 50 gt Au

17m 18 gt AuIncluding20m 683 gt Au30m 245 gt Au

17m 967 gt Au

11m 31 gt AuIncluding22m 556 gt Au

6m 544 gt AuIncluding2m 102 gt Au

15m 456 gt Au

66m 1059 gt AuIncluding14m 378 gt Au

2m

231 gt Au

8m 536 gt AuIncluding2m 12 gt Au

14m 782 gt AuIncluding2m 35 gt Au

2m

756 gt Au

2m

59 gt A

u

225m

22 gt Au

15m

451 gt Au

2m 236 gt Au

2m 251 gt Au

2m 832 gt Au

2m 46 gt Au

26m 1018 gt Au

09m 804 gt Au

200 m

S15-011

S15-011

S15-012

S15-012

100 m

S15-016

S15-016

100 m

200 m

300 m

S15-042

S15-042

100 m

S15-048

S15-048(NSV)

100 m

200 m

S15-049

S15-049

100 m

200 m

300 m

S15-052

S15-052

100 m

200 m

300 m

S15-057

S15-057

100 m

S79-01

S79-01

S79-03

S80-19

S80-19

100 m

S92-92

S92-92

S15-070

100 m

200 m

300 m

400 m

S15-07

0

(Looking North)

Spectrum Gold Project - Section 4810N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

294

288

883613587

228

379

7450

504

254

1220

879

222

207

286

222

229

706

315

312

291

607

363

315

459

2670

594

2m 294 gt Au

2m 288 gt Au

2615m 821 gt AuIncluding915m 473 gt AuAlso Including215m 88 gt Au15m 61 gt Au2m 59 gt Au35m 442 gt AuAlso Including2m 745 gt Au

44m 112 gt AuIncluding2m 254 gt Au15m 122 gt Au

1m 879 gt Au

137m 064 gt Au

14m 262 gt Au

6m 204 gt Au

87m 286 gt Au

8m 218 gt Au

55m 344 gt Au

6m 555 gt Au

20m

222 gt Au

22m 207 gt Au

2m 286 gt A

u2m 222 gt A

u

2m 225 gt Au

2m 476 gt Au

1m 267 gt Au

11m 282 gt A

u

21m 293 gt Au

2m 266 gt Au

14m 594 gt Au

200 m

S15-015

S15-015

S15-021

S15-021

100 m

S15-028

100 m

200 m

300 m

S15-051

S15-051

100 m

200 m

300 m

S15-056

S15-056

S15-062

(NSV)

300 m

400 m

500 m

S15-062(Cont on 4890N)

S80-23

100 m

S80-23100 m

S80-26

S80-2

6100 m

S80-27

S80-27

S90-48

S90-48

S15-028

100 m

200 m

300 m

400 m

S15-067

S15-067

S15-069

100 m

200 m

400 m

S15-069

(Cont on 4890N)

(Looking North)

Spectrum Gold Project - Section 4850N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

41

11

00

E4

11

10

0 E

41

11

50

E4

11

15

0 E

41

12

00

E4

11

20

0 E

41

12

50

E4

11

25

0 E

41

13

00

E4

11

30

0 E

41

13

50

E4

11

35

0 E

41

14

00

E

41

14

50

E

41

15

00

E4

11

50

0 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

243

316

295

266697256

272359

879

925690

256

274

268

283

829

207

473

582

586

1860427

995

592

983

8090

288

240

405

1587

442

405

261

208

1020

12m 154 gt AuIncluding2m 243 gt Au4m 306 gt Au

21m

09 gt Au

135m 278 gt AuIncluding2m 697 gt Au

1m 879 gt Au

6m 555 gt Au

2m 256 gt Au

4m 271 gt Au

2m 283 gt Au

1m 829 gt Au

2m 473 gt Au

135m 582 gt Au

2m 586 gt Au

93m 395 gt AuIncluding13m 186 gt Au2m 427 gt Au

15m 995 gt Au1m 592 gt Au

23m 809 gt Au

9m 173 gt Au

122m 157 gt Au

85m 123 gt Au

47m 279 gt Au

19m 39 gt Au

144m 117 gt Au

2m 983 gt A

u

2m 253 gt A

u

1m 102 gt A

u

100 m

200 m

S15-019

S15-019

S15-028

S15-028

100 m

200 m

S15-031

S15-031

100 m

200 m

S15-041

S15-041

100 m

200 m

300 m

S15-050

S15-050

100 m

200 m

300 m

S15-053

S15-053

S15-062

(Cont from

4850N)

600 m

S15-062(NSV)

S79-04S79-05

S79-05

S79-06

S79-06

S79-07

S79-08

S79-08

S80-23

S80-23

S80-28

S80-28

100 m

S89-35

S89-35

100 m

S92-91

S92-91

S1

5-0

69

(Co

nt fro

m 4

85

0N)

400

m

S1

5-0

69

(Looking North)

Spectrum Gold Project - Section 4890N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

500 Colour Zone

Central Zone(Porphyry and QC structures)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 10:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

Summary of Mineralized Zones

wwwskeenaresourcescom 11

Name Description

Central Zone

QC Structure North-striking zone of fractured silicified volcanic rocks 30 to 70 m east of the monzonite dyke containing 2 main parallel high grade gold-bearing structures that pinch and swell along a strike length of 650 m Best drill intercept of 3176 gt Au over 60 m

Porphyry Structure Parallel to QC zone lies 0-30m east of monzonite dyke Contains two high-grade gold zones of variable width and grade within a shell of lower-grade disseminated Cu-Au mineralization 2014 drill intercepts include 106 gt Au over 270 m

500 Colour Zone Northwest-striking branch of QC-Porphyry zones related to monzonitic dyke swarm Drilled for 450 m strike length with erratic gold intercepts Best drill intercept 2545 gt Au Over 20 m

33 Zone Easterly trending splay from main monzonite dyke intersected in one drill hole (8 m 11 gt Au)

300 Colour Zone One drill hole yielded 21 m 559 gt Au and 04 m 2945 gt Au

Boundary Zone Anomalous gold in propylitic altered volcanic drill intercept of 072 gt (0021 ozton) over 103 m

4440 Zone Defined at surface only no drilling 79 gt Au over 07 m surface channel sample

Skarn (Malachite) Showing Along southwest-trending splay of Monzonite dyke Surface channel sample 20 m long returned 29 gt Au and 05 Cu

West Creek Showing Gold-copper soil anomaly no drilling Surface channel sample 10 Cu 31 gt Au 3771 gt (110 ozton) Au over 415 m

GR Showing Gold-copper soil anomaly no drilling Rock grab samples to 3428 gt Au (100 ozton)

East Creek Zone North-trending 5 m wide silicified zone traced at surface for 600m strike length High grade gold with pyrite arsenopyrite chalcopyrite and sphalerite Drill intercept of 26 m 3445 gt Au trench sample 26 m 584 gt Au

Hawk Vein North-trending traced for 200m strike underground Best gold grades Surface 2914 gt Au (085 ozton) over 035 m Adit 668 gt Au (0195 ozton) over 10 m

ozshort ton converted to gramstonne using the conversion factor 10 ozton = 3428 gtonne

Spectrum Free Gold in Drill Coregt Visible gold has been identified in about 40 of the holes logged to date

in 2015

wwwskeenaresourcescom 12

Metallurgy ndash Gravity and Cyanide A bench-scale metallurgical test was conducted on 2014 drill core obtained from throughout two of the mineralized zones The work was performed by Saskatchewan Research Council under the supervision of Michael Yakimchuk P Eng (see news release of May 12 2015)

wwwskeenaresourcescom 13

QC Structure

gtThe composite head-feed sample was calculated to be 1396 gt Au as compared tothe weighted average of 1350 gt for the individual drill core sample assays

gtA gravity recovery test yielded gold recovery of 564

gtAn overall gold recovery of 988 was obtained when both gravity and subsequentcyanide leaching of the gravity tails were performed

Porphyry Structure

gtThe composite head feed sample was calculated to be 876 gt Au as compared to theweighted average of 1055 gt for the individual drill core samples

gtA gravity recovery test yielded gold recovery of 246

gtAn overall gold recovery of 916 when both gravity and subsequent cyanide leachingof the gravity tails were performed

Metallurgy ndash Flotation StudiesBench scale test work completed at SRC under the direction of Michael YakimchukP Eng has shown that the mineralized rock also returns high gold recovery when using a flotation process (see news release of July 20 2015)

gt Samples from the QC structures in the Central zone were upgraded by flotation from a composite head grade of 944 to over 22 gt Au with an average overall recovery of 85 with multiple tests yielding gold recoveries over 95

gt Samples from the Porphyry structures in the Central zone were upgraded from a composite head grade 969 gt to an average of over 364 gt with average overall recovery of 928 and multiple tests yielding gold recoveries over 95

Conclusion the positive results from each of gravity cyanidation and flotation tests demonstrate there is flexibility for future mineral processing of the mineralization Additional test work is planned after the 2015 field season

wwwskeenaresourcescom 14

Management and Share StructureDirectors amp Management

Ron Netolitzky MSc Chairman Director

Walt Coles Jr President amp CEO Director

Rupert Allan PGeol Vice President of Exploration Director

Michael Cathro MSc PGeo Vice President of Operations

Peter Tredger MBA PEng Director

Karen Allan CMA CFOCorporate Secretary

Share Structure (as at Nov 9 2015)

Shares Outstanding 325401172

Options ($010 strike price)

Warrants ($010 strike price)

Fully Diluted

Working Capital

14700000

40397000

380498172

$4 million

Includes 76663517 common shares in escrow

wwwskeenaresourcescom 15

The ExpertiseSkeenarsquos Board and Management has considerable exploration and development experience in northwestern British Columbia

Ron Netolitzky was one of the primary developers behind the Snip Mine that Cominco placed into production and Eskay Creek which was developed by Homestake and Barrick For these achievements amongst numerous other international accomplishments Mr Netolitzky received the Prospector of the Year award from the PDAC and Developer of the Year award from the BC amp Yukon Chamber of Mines Ron was also inducted into the Canadian Mining Hall of Fame in 2015

Peter Tredger was one of the developers of the Golden Bear mine as well as being intimately involved with the merger of Blue Pearl Resources and the expansion of the Thompson Creek Metals portfolio

Rupert Allan P Geol is a consulting geologist with 45 yearsrsquo experience in base and precious metals exploration throughout Canada and internationally He has worked extensively in northwest British Columbia and was instrumental in the permitting and development of the Brewery Creek heap leach gold mine in the Yukon

Michael Cathro P Geo is a registered professional geoscientist in British Columbia and holds a BSc from Queens University and a MSc from the Colorado School of Mines Mr Cathros 35-year career has included work as an exploration geologist on gold and base-metal projects in Canada and overseas and 17 years in technical and management roles with the BC Ministry of Energy Mines and Petroleum Resources

wwwskeenaresourcescom 16

Past SuccessesSpectrumrsquos Past Exploration Development Success Ratio

gt 243600 historical oz of Au from 11902 m of historical drilling

gt 205 oz Au discovered for every metre drilled

gt Assuming $250 per metre drilling cost = $1220 per oz Au discovery cost

Historic mines in NW British Columbia where Netolitzky was the driving forcebehind their development

gt Snip Gold Minersaquo 1 million oz Au produced at 25 gt

gt Eskay Creek Minersaquo 327 million oz Au produced at 49 gtrsaquo 158 million oz Ag produced at 2406 gt

wwwskeenaresourcescom 17

Past performance should not be construed to mean future drill results and exploration development success will be guaranteedThis estimate precedes NI 43-101 and is not to be relied upon This estimate is not current and a Qualified Person has not done sufficient work toclassify the historical estimate and Skeena is not treating the historical estimate as a current resource

Contact Information

wwwskeenaresourcescom 18

Tony PerriManager Investor Relations

tperriskeenaresourcescomTel +16046848725Dir +16045587681Fax +16045587695

Skeena Resources LimitedSuite 650 ndash 1021 West Hastings StreetVancouver British Columbia Canada

V6E 0C3

wwwskeenaresourcescomTSX Venture Exchange SKE

Appendix

Figures from 2015 Spectrum Drill Program

gt Table of Intersectionsgt Drill plangt Cross-sectionsgt Gold in soil maps

wwwskeenaresourcescom 19

Page13 113 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐010 270 -shy‐52 278 340 700 360 164including 500 700 200 221

9430 9600 170 41914500 14700 200 292 01119900 20040 140 159

S15-shy‐011 270 -shy‐45 2235 600 1200 600 7862000 2160 160 8564800 8400 3600 104 30 010

including 5000 5500 500 200and 6200 6400 200 328 011and 7100 7235 135 240 136 062

11000 11738 738 179 56 01313000 14200 1200 362 52 016

including 14000 14200 200 95 90 024

S15-shy‐012 270 -shy‐55 251 3500 7300 3800 12810200 10860 660 1059 31 019

including 10550 10690 140 37814000 14600 600 207 15019760 21600 1840 640 88

including 19760 20150 390 2527 595 033including 19960 20150 190 498 1180 063

21200 21600 400 286 8823400 23800 400 708 175 012

S15-shy‐013 270 -shy‐45 200 300 13000 12700 126 52 015including 2000 3300 1300 338 77 024

and 2720 2940 220 96 115 036and 3100 3300 200 450 138 031and 4800 5000 200 222and 7800 8000 200 227 59 016and 10800 11000 200 290 011and 12000 13000 1000 230 53 014

S15-shy‐014 270 -shy‐58 2175 300 700 400 3181900 2100 200 243

Page13 213 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 3000 3500 500 225 0225100 5500 400 160 0247700 9395 1695 495 205 070

including 8300 9000 700 795 355 09315300 15500 200 213 6317100 17275 175 11720800 21000 200 281 72 011

S15-shy‐015 270 -shy‐50 259 2800 3000 200 2943800 4000 200 28816385 19000 2615 821

Including 16385 17300 915 473And 16385 16600 215 883And 16750 16900 150 613And 17100 17300 200 587And 18050 18400 350 442 75

Including 18200 18400 200 745 85

S15-shy‐016 270 -shy‐48 179 3400 9500 6100 162 014Including 3400 3600 200 238

And 4800 5200 400 563 96 022Including 4800 5000 200 918 110 022

And 6500 7100 600 199 012And 8700 8900 200 247 011And 9300 9500 200 214 55 014

S15-shy‐017 270 -shy‐55 193 10315 10400 085 979 430012800 13600 800 1046 83

including 12800 13030 230 3333 267 01315740 16100 360 116818000 18275 275 279 54 010

S15-shy‐018 270 -shy‐45 302 13900 14130 230 11118300 18500 200 613 01022100 22700 600 544 234

Including 22500 22700 200 132 63825100 25300 200 237

Page13 313 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐019 270 -shy‐50 215 1900 3100 1200 155including 1900 2100 200 243

And 2700 3100 400 3069600 11700 2100 090 01015900 17250 1350 278

Including 16300 16500 200 697

S15-shy‐020 270 -shy‐45 258 23600 23800 200 251

S15-shy‐021 270 -shy‐50 605 Hole13 abandonded13 in13 fault13 Poor13 recovery13 No13 significant13 values

S15-shy‐022 270 -shy‐50 254 15000 15200 200 78616800 17000 200 13517410 18900 1490 897

Including 17410 17700 290 3851 54Including 17410 17562 152 347

And 17562 17700 138 427 81

S15-shy‐023 270 -shy‐45 225 6000 8590 2590 077 011Including 8000 8200 200 458 012

16500 16700 200 243 01019300 19660 360 561 103

Including 19300 19460 160 917 13520800 21000 200 211 85

S15-shy‐024 270 -shy‐60 244 3200 3400 200 2937600 8000 400 35913625 13716 091 641 24017020 17220 200 314 5118300 19264 964 681 207 009

Including 18700 18870 170 141 204 014

S15-shy‐025 270 -shy‐45 181 1100 1300 200 3144100 4900 800 414

Including 4100 4215 115 172 98 01511100 13400 2300 143

Page13 413 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 Including 11100 11300 200 276

And 12800 13000 200 531

S15-shy‐026 270 -shy‐45 260 800 1000 200 477 12212250 12450 200 22414870 15270 400 31218250 19050 800 567 015

Including 18250 18450 200 89 80 027And 18850 19050 200 101 014

S15-shy‐027 266 -shy‐48 266 19400 19600 200 251

S15-shy‐028 270 -shy‐50 254 500 4900 4400 112Including 1100 1300 200 254

And 3500 3650 150 12216600 16700 100 87919800 20400 600 555 54

S15-shy‐029 266 -shy‐45 219 14740 14900 160 411 01120500 20700 200 735 5910

S15-shy‐030 270 -shy‐45 265 21450 21550 100 587 252024700 24900 200 213

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022Including 2900 3100 200 256 013

And 9300 9700 400 271 58 021And 10900 11100 200 283 013And 13500 13600 100 829 67 011And 19300 19500 200 473 145 032And 21700 21835 135 582 228 435

S15-shy‐032 270 -shy‐45 2943

S15-shy‐033 270 -shy‐45 117

S15-shy‐034 270 -shy‐57 196

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 513 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐035 265 -shy‐45 2425 2900 3100 200 25515900 16100 200 27816750 16900 150 670 713 08423020 23130 110 648 741

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008Including 14215 14675 460 180 75

S15-shy‐037 265 -shy‐45 220 3700 4100 400 315 5416900 17100 200 224 011

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010Including 1000 1200 200 334

And 11400 12400 1000 184 82 018

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017Including 1700 6100 4400 140 68 017Including 3100 3300 200 626 014

S15-shy‐040 265 -shy‐45 299 16900 18300 1400 190Including 16900 17000 100 704 77

And 17400 17510 110 582 10820570 20780 210 446 126 02323280 23930 650 13623280 23350 070 530 259 041

S15-shy‐041 265 -shy‐50 214 8500 8700 200 586 7814570 15500 930 395

Including 14570 14700 130 186And 15300 15500 200 427

19050 19200 150 995 53321300 21400 100 592 61

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005Including 2500 4200 1700 179Including 2500 2700 200 683 53

Page13 613 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 11330 11500 170 96716500 17600 1100 310

Including 16710 16930 220 55619200 19800 600 544 11119600 19800 200 102 29020700 20850 150 456

S15-shy‐043 265 -shy‐45 362 19700 20100 400 2424Including 19900 20100 200 448

21060 22200 1140 1673Including 21600 21800 200 818 56

23000 23400 400 2659Including 23000 23200 200 465

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 40 014Including 5700 5900 200 662 68 027

And 14100 14300 200 327 54 01320200 24973 4773 049 30 013

S15-shy‐045 265 -shy‐45 275 18500 18700 200 21321700 21900 200 235

S15-shy‐046 265 -shy‐45 266 4000 4400 400 30615900 16100 200 41919200 19600 400 1697 100

Including 19400 19600 200 298 150 015

S15-shy‐047 265 -shy‐45 320 12200 12400 200 23325495 25635 140 154 210 011

S15-shy‐048 265 -shy‐55 1498

S15-shy‐049 265 -shy‐45 269 12500 12700 200 23118500 19300 800 536

Including 18700 18900 200 12021100 22500 1400 782 011

Including 21500 21700 200 350 79 022

Abandoned13 Before13 Zone13 -shy‐13 No13 Significant13 Values

Page13 713 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 23500 23700 200 75624300 24500 200 590

S15-shy‐050 265 -shy‐50 338 28800 29000 200 983

S15-shy‐051 265 -shy‐50 385 2800 3000 200 2229030 9250 220 20721950 22150 200 286 117 01323750 23950 200 222

S15-shy‐052 265 -shy‐46 365 22575 22800 225 22029650 29800 150 451

S15-shy‐053 256 -shy‐46 341

S15-shy‐054 252 -shy‐45 256

S15-shy‐055 265 -shy‐45 3813 20000 20600 600 309Including 20460 20600 140 827

28650 28750 100 2310

S15-shy‐056 265 -shy‐50 365 25600 25800 200 22531300 31500 200 47635900 36000 100 267

S15-shy‐057 265 -shy‐46 395 21700 21900 200 236 37130200 30400 200 25132800 33000 200 832 127 038

S15-shy‐058 265 -shy‐45 212

S15-shy‐059 265 -shy‐65 21430

S15-shy‐060 265 -shy‐45 422 20700 21300 600 327Including 21100 21300 200 589

25200 27000 1800 613 008Including 25800 25900 100 110 010

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 813 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 And 26400 26500 100 300 52 006And 26830 27000 170 306 019

30400 30600 200 210

S15-shy‐061 265 -shy‐45 317 18000 18200 200 33518800 19000 200 23422400 30000 7600 113 24 006

including 22400 22600 200 208And 24600 24800 200 247And 26400 28200 1800 269

Including 26400 26600 200 578 63And 28000 28200 200 1190

29800 30000 200 206 84

S15-shy‐062 263 -shy‐45 740

S15-shy‐063 265 -shy‐45 4472 21930 22130 200 485 642 05323600 23800 200 27328400 28600 200 40539800 41800 2000 187

Including 39600 40400 800 404Including 40200 40400 200 875

41800 42000 200 289

S15-shy‐064 265 -shy‐45 473 19100 19300 200 325 106033600 33800 200 575

S15-shy‐06513 (Boundary)

265 -shy‐45 265 2800 3000 200 332

12686 12800 114 1050

S15-shy‐06613 13 13 13 (30013 Colour)

70 -shy‐50 182 3200 3400 200 464

S15-shy‐067 270 -shy‐50 404

No13 Significant13 Values

No13 Significant13 Values

Page13 913 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐06813 13 13 13

(30013 Colour)50 -shy‐50 242 5000 10200 5200 115

Including 5200 6800 1600 18713200 13400 200 231

S15-shy‐069 270 -shy‐45 470 5600 5810 210 293 1016400 6600 200 26629865 30005 140 594 7942000 42200 200 253 01042580 42680 100 1020 1170 024

S15-shy‐070 270 -shy‐46 449 33600 33800 200 46039340 39600 260 1018 660 02141110 41200 090 804 011

NotesAll13 values13 are13 un-shy‐cutTrue13 width13 is13 estimated13 to13 be13 5513 to13 7013 of13 down13 hole13 intervalAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

Porphyry13 Au-shy‐Ag-shy‐Cu13 Intervals13 for13 201513 Spectrum13 holes

DDH13 Azimuth DipTotal13

Depth13 (m)From13 (m) To13 (m)

Interval13 (m)

Au13 gt13 (uncut) Ag13 gt Cu13

S15-shy‐011 270 -shy‐45 2235 300 20600 20300 097 33 012

S15-shy‐012 270 -shy‐55 251 250 23800 23550 141 42 007

S15-shy‐013 270 -shy‐45 200 300 19800 19500 075 39 015

S15-shy‐014 270 -shy‐58 2175 300 21200 20900 122 48 017

S15-shy‐016 270 -shy‐48 179 1130 17600 16470 090 41 014

S15-shy‐023 270 -shy‐45 225 430 21000 20570 047 28 009

S15-shy‐024 270 -shy‐60 244 300 19264 18964 088 26 006

S15-shy‐025 270 -shy‐45 181 1100 16600 15500 074 16 005

S15-shy‐026 270 -shy‐45 260 12050 22095 10045 092 22 006

S15-shy‐028 270 -shy‐50 254 500 22900 22400 061 29 007

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 402 014And 20200 24973 4773 049 302 013

All13 values13 are13 un-shy‐cutAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

sup3

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$1

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1600 m

S15-037

S15-035S15-029

S15-027

S15-026

S15-025

S15-032S15-030

S15-039S15-022S15-024

S15-040

S15-036S15-034 S15-060

S15-031

S15-028S15-041

S15-043

S15-049

S-4S-3

S-2

S15-038

4850N

4890N

5035N

5010N

5195N

S15-047

S15-044 S15-046

S15-050

S15-042

S15-048

S15-045

S15-052

S15-051

4975N

5150N

5235N

5095N

4810N

4750N

4700N

4930N

5285N

S91-82

14-SP-009

S91-83

S91-73

S91-66

S89-34

S91-71

S80-21

S91-70

S91-85

S91-78

S91-86

S90-46

S91-74

S80-13

14-SP-001

14-SP-004

S80-14

S91-81

14-SP-007

S91-68

S91-79

S91-63

S91-84

S90-51

S89-35

14-SP-006S90-59

S80-11

S90-52

S90-49

S90-54

S92-90

S80-12

S90-55

S91-80

S89-37

S79-08

S80-22

S90-56

S90-44

S79-06

S91-64

S90-50

S90-45

S90-58

S90-60

S90-43

S91-75

S92-92

S92-91

S89-36

S80-17

S90-61

S-1

S89-41

14-SP-005

S80-20

S90-47

14-SP-002

14-SP-008

S79-03

S80-26

S80-24

S80-18

S89-33

S80-28

S80-15

S79-02

S79-10

S90-62S91-67

S79-01

S90-57

S79-05

S80-27

S80-25

S79-07

S80-19

S79-04

S79-09

S90-48

S91-65

S91-69

S91-72S91-76

S91-77

14-SP-003

S80-16

S90-53

S89-39

S15-015

S15-010

S15-012

S15-017

S15-016

S15-011

S15-013S15-014

S15-018

S15-019

S15-020

S15-023

S15-056

S15-053

S15-054

S15-058

S15-064

S15-055

S15-057

S15-059

S15-033

S15-061

S15-063

S15-064

S15-062

S15-065S15-066

S15-068

S15-067S15-070

S15-069S15-021

Mt Edziza FlowsMt Edziza Flows

Stuhini VolcanicsStuhini Volcanics

Stuhini VolcanicsStuhini Volcanics

1500 m

1700 m

410800

410800

411000

411000

411200

411200

411400

411400

411600

411600

411800

411800

6394

600

6394

600

6394

800

6394

800

6395

000

6395

000

6395

200

6395

200

0 50 100 15025

Meters

sup3

500 Colour Zone

Central Zone(Porphyry and QC Structures)

O P E N

O P E N

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Exploration Trail

Cross Section Line

Monzonite

sup3$1 2015 Drill Hole (Complete)

sup3 2015 Drill Hole (In Progress)$1

sup3 2014 Drill Hole

sup3 Historic Drill Hole

$1

$1

Road Zone

Spectrum GoldDiamond Drill Hole Plan Map

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 0020

Date - 2012610 5Drawn By - CSG

TSX-V SKE

O P E N

Boundary Zone

O P E N

O P E N

O P E NO P E N

O P E N

300 Colour Zone

O P E N

O P E N

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410800 E

410850 E

410850 E

410900 E

410900 E

410950 E

410950 E

6395200 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m 1600 m

1650 m 1650 m

1700 m 1700 m

2m 464 gt Au

100 m

S15-066

S15-066

TSXV SKE

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410820 E

410840 E

410860 E

410880 E

410880 E

410900 E

410900 E

410920 E

410920 E

410940 E

410940 E

410960 E

410960 E

410980 E

410980 E

6395080 N

6395100 N

6395120 N

6395140 N

6395140 N

6395160 N

6395160 N

6395180 N

6395180 N

6395200 N

6395200 N

6395220 N

6395220 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m

1650 m 1650 m

1700 m 1700 m

559

294552

m 115 gt Au

2m 231 gt Au

100 m

S15-068

S15-068

S89-37

S89-3

7

S90-43

S90-43

100 m

S90-44

S90-44

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4610N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Monzonite (Lower)

100 m

200 m

S15-058

S15-058

(NSV)

100 m

200 m

S15-059

S15-059(NSV)

S90-49

100 m

S90-49

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4645N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-054

S15-054

(NSV)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4700N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

100 m

300 m

S15-043

S15-043

100 m

200 m

300 m

S90-50

100 m

S90-50

300 m

200 m

100 m

S15-061

S15-061

S15-063

S15-063

101m 072 gt Au

137m 112 gt Au

4m 2424 gt AuIncluding2m 448 gt Au

114m 1673 gt AuIncluding2m 818 gt Au

4m 2659 gt AuIncluding2m 465 gt Au2m 668 gt Au

2m

335 gt Au

2m 234 gt Au

2m 208 gt Au

2m 247 gt Au

18m 269 gt Au

2m 206 gt Au

2m 485 gt Au

2m 273 gt Au

2m 405 gt A

uIncluding2m 578 gt Au

2m 119 gt Au

2m 289 gt A

u

8m 404 gt AuIncluding

2m 875 gt Au

4480

8180

4650668

578

1190

875

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-009

14-SP-009

100 m

200 m

S15-010

S15-010

100 m

200 m

S15-013

S15-013

100 m

200 m

S15-014

S15-014

100 m

200 m

300 m

400 m

S15-045

S15-045

300 m

100 m

S79-02

S79-02

100 m

S80-18

S80-18

100 m

S89-34

S89-34

100 m

200 m

S15-055

S15-055

100 m

200 m

300 m

400 m

S15-064

S15-064

17m

419 gt Au

2m 292 gt Au

198m 134 gt Au

212m 224 gt Au

17m 1783 gt Au

141m 028 gt Au

31m

02 gt Au

127m 126 gt AuIncluding13m 338 gt Au2m 222 gt Au2m 227 gt Au2m 290 gt Au10m 23 gt Au

1695m 495 gt AuIncluding7m of 795 gt Au

33m 184 gt AuIncluding15m 475 gt Au

36m 164 gt AuIncluding2m 221 gt Au

2m 168 gt Au

2m 107 gt Au

4m 1367 gt Au

2m 179 gt Au

2m 10 gt Au

1m 111 gt Au

2m 2545 gt Au

6m 312 gt Au

2m 213 gt Au

175m 117 gt Au

2m 281 gt Au

14m 159 gt Au

19m 544 gt Au

415m 214 gt Au

4m 318 gt Au

2m 243 gt Au

5m 225 gt Au

4m 16 gt Au

2m 213 gt Au

2m 235 gt Au

14m 827 gt Au

6m 309 gt AuIncluding

1m 231 gt Au

2m 325 gt Au

2m 575 gt A

u

5252210

10001110

25450

9282210

1590

960

12101240

2130

1170

827

2310

575

1460

607

2256

614

1783

934

(Looking North)

Spectrum Gold Project - Section 4750N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

536

843

979

856

212

265328

240

205334

383

233

354203

950

271

247

345211

439

2983780

223

204

4980

287285

641774

238

918

207

296224

247214

223

398

799

353

219

226288

254

219

562

247

233

785

298

291

1196675

273

683

967

556

6021020

231

495

1200

390

220

3500

684447

356

756

590

324

220

451

832

645

1390

804

6m 786 gt Au

16m 856 gt Au

738m 179 gt Au

38m 128 gt Au

6m 207 gt Au

4m 286 gt Au

4m 708 gt Au

40m 131 gt Au

425m 136 gt Au

799m 156 gt Au

1247m 084 gt Au

61m 162 gt AuIncluding2m 238 gt Au4m 562 gt Au6m 199 gt Au2m 247 gt Au2m 214 gt Au

36m 104 gt AuIncluding5m 2 gt Au2m 228 gt Au135m 24 gt Au

12m 362 gt AuIncluding2m 95 gt Au

184m 64 gt AuIncluding39m 2527 gt AuAlso Including19m 50 gt Au

17m 18 gt AuIncluding20m 683 gt Au30m 245 gt Au

17m 967 gt Au

11m 31 gt AuIncluding22m 556 gt Au

6m 544 gt AuIncluding2m 102 gt Au

15m 456 gt Au

66m 1059 gt AuIncluding14m 378 gt Au

2m

231 gt Au

8m 536 gt AuIncluding2m 12 gt Au

14m 782 gt AuIncluding2m 35 gt Au

2m

756 gt Au

2m

59 gt A

u

225m

22 gt Au

15m

451 gt Au

2m 236 gt Au

2m 251 gt Au

2m 832 gt Au

2m 46 gt Au

26m 1018 gt Au

09m 804 gt Au

200 m

S15-011

S15-011

S15-012

S15-012

100 m

S15-016

S15-016

100 m

200 m

300 m

S15-042

S15-042

100 m

S15-048

S15-048(NSV)

100 m

200 m

S15-049

S15-049

100 m

200 m

300 m

S15-052

S15-052

100 m

200 m

300 m

S15-057

S15-057

100 m

S79-01

S79-01

S79-03

S80-19

S80-19

100 m

S92-92

S92-92

S15-070

100 m

200 m

300 m

400 m

S15-07

0

(Looking North)

Spectrum Gold Project - Section 4810N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

294

288

883613587

228

379

7450

504

254

1220

879

222

207

286

222

229

706

315

312

291

607

363

315

459

2670

594

2m 294 gt Au

2m 288 gt Au

2615m 821 gt AuIncluding915m 473 gt AuAlso Including215m 88 gt Au15m 61 gt Au2m 59 gt Au35m 442 gt AuAlso Including2m 745 gt Au

44m 112 gt AuIncluding2m 254 gt Au15m 122 gt Au

1m 879 gt Au

137m 064 gt Au

14m 262 gt Au

6m 204 gt Au

87m 286 gt Au

8m 218 gt Au

55m 344 gt Au

6m 555 gt Au

20m

222 gt Au

22m 207 gt Au

2m 286 gt A

u2m 222 gt A

u

2m 225 gt Au

2m 476 gt Au

1m 267 gt Au

11m 282 gt A

u

21m 293 gt Au

2m 266 gt Au

14m 594 gt Au

200 m

S15-015

S15-015

S15-021

S15-021

100 m

S15-028

100 m

200 m

300 m

S15-051

S15-051

100 m

200 m

300 m

S15-056

S15-056

S15-062

(NSV)

300 m

400 m

500 m

S15-062(Cont on 4890N)

S80-23

100 m

S80-23100 m

S80-26

S80-2

6100 m

S80-27

S80-27

S90-48

S90-48

S15-028

100 m

200 m

300 m

400 m

S15-067

S15-067

S15-069

100 m

200 m

400 m

S15-069

(Cont on 4890N)

(Looking North)

Spectrum Gold Project - Section 4850N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

41

11

00

E4

11

10

0 E

41

11

50

E4

11

15

0 E

41

12

00

E4

11

20

0 E

41

12

50

E4

11

25

0 E

41

13

00

E4

11

30

0 E

41

13

50

E4

11

35

0 E

41

14

00

E

41

14

50

E

41

15

00

E4

11

50

0 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

243

316

295

266697256

272359

879

925690

256

274

268

283

829

207

473

582

586

1860427

995

592

983

8090

288

240

405

1587

442

405

261

208

1020

12m 154 gt AuIncluding2m 243 gt Au4m 306 gt Au

21m

09 gt Au

135m 278 gt AuIncluding2m 697 gt Au

1m 879 gt Au

6m 555 gt Au

2m 256 gt Au

4m 271 gt Au

2m 283 gt Au

1m 829 gt Au

2m 473 gt Au

135m 582 gt Au

2m 586 gt Au

93m 395 gt AuIncluding13m 186 gt Au2m 427 gt Au

15m 995 gt Au1m 592 gt Au

23m 809 gt Au

9m 173 gt Au

122m 157 gt Au

85m 123 gt Au

47m 279 gt Au

19m 39 gt Au

144m 117 gt Au

2m 983 gt A

u

2m 253 gt A

u

1m 102 gt A

u

100 m

200 m

S15-019

S15-019

S15-028

S15-028

100 m

200 m

S15-031

S15-031

100 m

200 m

S15-041

S15-041

100 m

200 m

300 m

S15-050

S15-050

100 m

200 m

300 m

S15-053

S15-053

S15-062

(Cont from

4850N)

600 m

S15-062(NSV)

S79-04S79-05

S79-05

S79-06

S79-06

S79-07

S79-08

S79-08

S80-23

S80-23

S80-28

S80-28

100 m

S89-35

S89-35

100 m

S92-91

S92-91

S1

5-0

69

(Co

nt fro

m 4

85

0N)

400

m

S1

5-0

69

(Looking North)

Spectrum Gold Project - Section 4890N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

500 Colour Zone

Central Zone(Porphyry and QC structures)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 11:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

Spectrum Free Gold in Drill Coregt Visible gold has been identified in about 40 of the holes logged to date

in 2015

wwwskeenaresourcescom 12

Metallurgy ndash Gravity and Cyanide A bench-scale metallurgical test was conducted on 2014 drill core obtained from throughout two of the mineralized zones The work was performed by Saskatchewan Research Council under the supervision of Michael Yakimchuk P Eng (see news release of May 12 2015)

wwwskeenaresourcescom 13

QC Structure

gtThe composite head-feed sample was calculated to be 1396 gt Au as compared tothe weighted average of 1350 gt for the individual drill core sample assays

gtA gravity recovery test yielded gold recovery of 564

gtAn overall gold recovery of 988 was obtained when both gravity and subsequentcyanide leaching of the gravity tails were performed

Porphyry Structure

gtThe composite head feed sample was calculated to be 876 gt Au as compared to theweighted average of 1055 gt for the individual drill core samples

gtA gravity recovery test yielded gold recovery of 246

gtAn overall gold recovery of 916 when both gravity and subsequent cyanide leachingof the gravity tails were performed

Metallurgy ndash Flotation StudiesBench scale test work completed at SRC under the direction of Michael YakimchukP Eng has shown that the mineralized rock also returns high gold recovery when using a flotation process (see news release of July 20 2015)

gt Samples from the QC structures in the Central zone were upgraded by flotation from a composite head grade of 944 to over 22 gt Au with an average overall recovery of 85 with multiple tests yielding gold recoveries over 95

gt Samples from the Porphyry structures in the Central zone were upgraded from a composite head grade 969 gt to an average of over 364 gt with average overall recovery of 928 and multiple tests yielding gold recoveries over 95

Conclusion the positive results from each of gravity cyanidation and flotation tests demonstrate there is flexibility for future mineral processing of the mineralization Additional test work is planned after the 2015 field season

wwwskeenaresourcescom 14

Management and Share StructureDirectors amp Management

Ron Netolitzky MSc Chairman Director

Walt Coles Jr President amp CEO Director

Rupert Allan PGeol Vice President of Exploration Director

Michael Cathro MSc PGeo Vice President of Operations

Peter Tredger MBA PEng Director

Karen Allan CMA CFOCorporate Secretary

Share Structure (as at Nov 9 2015)

Shares Outstanding 325401172

Options ($010 strike price)

Warrants ($010 strike price)

Fully Diluted

Working Capital

14700000

40397000

380498172

$4 million

Includes 76663517 common shares in escrow

wwwskeenaresourcescom 15

The ExpertiseSkeenarsquos Board and Management has considerable exploration and development experience in northwestern British Columbia

Ron Netolitzky was one of the primary developers behind the Snip Mine that Cominco placed into production and Eskay Creek which was developed by Homestake and Barrick For these achievements amongst numerous other international accomplishments Mr Netolitzky received the Prospector of the Year award from the PDAC and Developer of the Year award from the BC amp Yukon Chamber of Mines Ron was also inducted into the Canadian Mining Hall of Fame in 2015

Peter Tredger was one of the developers of the Golden Bear mine as well as being intimately involved with the merger of Blue Pearl Resources and the expansion of the Thompson Creek Metals portfolio

Rupert Allan P Geol is a consulting geologist with 45 yearsrsquo experience in base and precious metals exploration throughout Canada and internationally He has worked extensively in northwest British Columbia and was instrumental in the permitting and development of the Brewery Creek heap leach gold mine in the Yukon

Michael Cathro P Geo is a registered professional geoscientist in British Columbia and holds a BSc from Queens University and a MSc from the Colorado School of Mines Mr Cathros 35-year career has included work as an exploration geologist on gold and base-metal projects in Canada and overseas and 17 years in technical and management roles with the BC Ministry of Energy Mines and Petroleum Resources

wwwskeenaresourcescom 16

Past SuccessesSpectrumrsquos Past Exploration Development Success Ratio

gt 243600 historical oz of Au from 11902 m of historical drilling

gt 205 oz Au discovered for every metre drilled

gt Assuming $250 per metre drilling cost = $1220 per oz Au discovery cost

Historic mines in NW British Columbia where Netolitzky was the driving forcebehind their development

gt Snip Gold Minersaquo 1 million oz Au produced at 25 gt

gt Eskay Creek Minersaquo 327 million oz Au produced at 49 gtrsaquo 158 million oz Ag produced at 2406 gt

wwwskeenaresourcescom 17

Past performance should not be construed to mean future drill results and exploration development success will be guaranteedThis estimate precedes NI 43-101 and is not to be relied upon This estimate is not current and a Qualified Person has not done sufficient work toclassify the historical estimate and Skeena is not treating the historical estimate as a current resource

Contact Information

wwwskeenaresourcescom 18

Tony PerriManager Investor Relations

tperriskeenaresourcescomTel +16046848725Dir +16045587681Fax +16045587695

Skeena Resources LimitedSuite 650 ndash 1021 West Hastings StreetVancouver British Columbia Canada

V6E 0C3

wwwskeenaresourcescomTSX Venture Exchange SKE

Appendix

Figures from 2015 Spectrum Drill Program

gt Table of Intersectionsgt Drill plangt Cross-sectionsgt Gold in soil maps

wwwskeenaresourcescom 19

Page13 113 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐010 270 -shy‐52 278 340 700 360 164including 500 700 200 221

9430 9600 170 41914500 14700 200 292 01119900 20040 140 159

S15-shy‐011 270 -shy‐45 2235 600 1200 600 7862000 2160 160 8564800 8400 3600 104 30 010

including 5000 5500 500 200and 6200 6400 200 328 011and 7100 7235 135 240 136 062

11000 11738 738 179 56 01313000 14200 1200 362 52 016

including 14000 14200 200 95 90 024

S15-shy‐012 270 -shy‐55 251 3500 7300 3800 12810200 10860 660 1059 31 019

including 10550 10690 140 37814000 14600 600 207 15019760 21600 1840 640 88

including 19760 20150 390 2527 595 033including 19960 20150 190 498 1180 063

21200 21600 400 286 8823400 23800 400 708 175 012

S15-shy‐013 270 -shy‐45 200 300 13000 12700 126 52 015including 2000 3300 1300 338 77 024

and 2720 2940 220 96 115 036and 3100 3300 200 450 138 031and 4800 5000 200 222and 7800 8000 200 227 59 016and 10800 11000 200 290 011and 12000 13000 1000 230 53 014

S15-shy‐014 270 -shy‐58 2175 300 700 400 3181900 2100 200 243

Page13 213 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 3000 3500 500 225 0225100 5500 400 160 0247700 9395 1695 495 205 070

including 8300 9000 700 795 355 09315300 15500 200 213 6317100 17275 175 11720800 21000 200 281 72 011

S15-shy‐015 270 -shy‐50 259 2800 3000 200 2943800 4000 200 28816385 19000 2615 821

Including 16385 17300 915 473And 16385 16600 215 883And 16750 16900 150 613And 17100 17300 200 587And 18050 18400 350 442 75

Including 18200 18400 200 745 85

S15-shy‐016 270 -shy‐48 179 3400 9500 6100 162 014Including 3400 3600 200 238

And 4800 5200 400 563 96 022Including 4800 5000 200 918 110 022

And 6500 7100 600 199 012And 8700 8900 200 247 011And 9300 9500 200 214 55 014

S15-shy‐017 270 -shy‐55 193 10315 10400 085 979 430012800 13600 800 1046 83

including 12800 13030 230 3333 267 01315740 16100 360 116818000 18275 275 279 54 010

S15-shy‐018 270 -shy‐45 302 13900 14130 230 11118300 18500 200 613 01022100 22700 600 544 234

Including 22500 22700 200 132 63825100 25300 200 237

Page13 313 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐019 270 -shy‐50 215 1900 3100 1200 155including 1900 2100 200 243

And 2700 3100 400 3069600 11700 2100 090 01015900 17250 1350 278

Including 16300 16500 200 697

S15-shy‐020 270 -shy‐45 258 23600 23800 200 251

S15-shy‐021 270 -shy‐50 605 Hole13 abandonded13 in13 fault13 Poor13 recovery13 No13 significant13 values

S15-shy‐022 270 -shy‐50 254 15000 15200 200 78616800 17000 200 13517410 18900 1490 897

Including 17410 17700 290 3851 54Including 17410 17562 152 347

And 17562 17700 138 427 81

S15-shy‐023 270 -shy‐45 225 6000 8590 2590 077 011Including 8000 8200 200 458 012

16500 16700 200 243 01019300 19660 360 561 103

Including 19300 19460 160 917 13520800 21000 200 211 85

S15-shy‐024 270 -shy‐60 244 3200 3400 200 2937600 8000 400 35913625 13716 091 641 24017020 17220 200 314 5118300 19264 964 681 207 009

Including 18700 18870 170 141 204 014

S15-shy‐025 270 -shy‐45 181 1100 1300 200 3144100 4900 800 414

Including 4100 4215 115 172 98 01511100 13400 2300 143

Page13 413 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 Including 11100 11300 200 276

And 12800 13000 200 531

S15-shy‐026 270 -shy‐45 260 800 1000 200 477 12212250 12450 200 22414870 15270 400 31218250 19050 800 567 015

Including 18250 18450 200 89 80 027And 18850 19050 200 101 014

S15-shy‐027 266 -shy‐48 266 19400 19600 200 251

S15-shy‐028 270 -shy‐50 254 500 4900 4400 112Including 1100 1300 200 254

And 3500 3650 150 12216600 16700 100 87919800 20400 600 555 54

S15-shy‐029 266 -shy‐45 219 14740 14900 160 411 01120500 20700 200 735 5910

S15-shy‐030 270 -shy‐45 265 21450 21550 100 587 252024700 24900 200 213

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022Including 2900 3100 200 256 013

And 9300 9700 400 271 58 021And 10900 11100 200 283 013And 13500 13600 100 829 67 011And 19300 19500 200 473 145 032And 21700 21835 135 582 228 435

S15-shy‐032 270 -shy‐45 2943

S15-shy‐033 270 -shy‐45 117

S15-shy‐034 270 -shy‐57 196

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 513 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐035 265 -shy‐45 2425 2900 3100 200 25515900 16100 200 27816750 16900 150 670 713 08423020 23130 110 648 741

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008Including 14215 14675 460 180 75

S15-shy‐037 265 -shy‐45 220 3700 4100 400 315 5416900 17100 200 224 011

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010Including 1000 1200 200 334

And 11400 12400 1000 184 82 018

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017Including 1700 6100 4400 140 68 017Including 3100 3300 200 626 014

S15-shy‐040 265 -shy‐45 299 16900 18300 1400 190Including 16900 17000 100 704 77

And 17400 17510 110 582 10820570 20780 210 446 126 02323280 23930 650 13623280 23350 070 530 259 041

S15-shy‐041 265 -shy‐50 214 8500 8700 200 586 7814570 15500 930 395

Including 14570 14700 130 186And 15300 15500 200 427

19050 19200 150 995 53321300 21400 100 592 61

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005Including 2500 4200 1700 179Including 2500 2700 200 683 53

Page13 613 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 11330 11500 170 96716500 17600 1100 310

Including 16710 16930 220 55619200 19800 600 544 11119600 19800 200 102 29020700 20850 150 456

S15-shy‐043 265 -shy‐45 362 19700 20100 400 2424Including 19900 20100 200 448

21060 22200 1140 1673Including 21600 21800 200 818 56

23000 23400 400 2659Including 23000 23200 200 465

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 40 014Including 5700 5900 200 662 68 027

And 14100 14300 200 327 54 01320200 24973 4773 049 30 013

S15-shy‐045 265 -shy‐45 275 18500 18700 200 21321700 21900 200 235

S15-shy‐046 265 -shy‐45 266 4000 4400 400 30615900 16100 200 41919200 19600 400 1697 100

Including 19400 19600 200 298 150 015

S15-shy‐047 265 -shy‐45 320 12200 12400 200 23325495 25635 140 154 210 011

S15-shy‐048 265 -shy‐55 1498

S15-shy‐049 265 -shy‐45 269 12500 12700 200 23118500 19300 800 536

Including 18700 18900 200 12021100 22500 1400 782 011

Including 21500 21700 200 350 79 022

Abandoned13 Before13 Zone13 -shy‐13 No13 Significant13 Values

Page13 713 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 23500 23700 200 75624300 24500 200 590

S15-shy‐050 265 -shy‐50 338 28800 29000 200 983

S15-shy‐051 265 -shy‐50 385 2800 3000 200 2229030 9250 220 20721950 22150 200 286 117 01323750 23950 200 222

S15-shy‐052 265 -shy‐46 365 22575 22800 225 22029650 29800 150 451

S15-shy‐053 256 -shy‐46 341

S15-shy‐054 252 -shy‐45 256

S15-shy‐055 265 -shy‐45 3813 20000 20600 600 309Including 20460 20600 140 827

28650 28750 100 2310

S15-shy‐056 265 -shy‐50 365 25600 25800 200 22531300 31500 200 47635900 36000 100 267

S15-shy‐057 265 -shy‐46 395 21700 21900 200 236 37130200 30400 200 25132800 33000 200 832 127 038

S15-shy‐058 265 -shy‐45 212

S15-shy‐059 265 -shy‐65 21430

S15-shy‐060 265 -shy‐45 422 20700 21300 600 327Including 21100 21300 200 589

25200 27000 1800 613 008Including 25800 25900 100 110 010

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 813 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 And 26400 26500 100 300 52 006And 26830 27000 170 306 019

30400 30600 200 210

S15-shy‐061 265 -shy‐45 317 18000 18200 200 33518800 19000 200 23422400 30000 7600 113 24 006

including 22400 22600 200 208And 24600 24800 200 247And 26400 28200 1800 269

Including 26400 26600 200 578 63And 28000 28200 200 1190

29800 30000 200 206 84

S15-shy‐062 263 -shy‐45 740

S15-shy‐063 265 -shy‐45 4472 21930 22130 200 485 642 05323600 23800 200 27328400 28600 200 40539800 41800 2000 187

Including 39600 40400 800 404Including 40200 40400 200 875

41800 42000 200 289

S15-shy‐064 265 -shy‐45 473 19100 19300 200 325 106033600 33800 200 575

S15-shy‐06513 (Boundary)

265 -shy‐45 265 2800 3000 200 332

12686 12800 114 1050

S15-shy‐06613 13 13 13 (30013 Colour)

70 -shy‐50 182 3200 3400 200 464

S15-shy‐067 270 -shy‐50 404

No13 Significant13 Values

No13 Significant13 Values

Page13 913 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐06813 13 13 13

(30013 Colour)50 -shy‐50 242 5000 10200 5200 115

Including 5200 6800 1600 18713200 13400 200 231

S15-shy‐069 270 -shy‐45 470 5600 5810 210 293 1016400 6600 200 26629865 30005 140 594 7942000 42200 200 253 01042580 42680 100 1020 1170 024

S15-shy‐070 270 -shy‐46 449 33600 33800 200 46039340 39600 260 1018 660 02141110 41200 090 804 011

NotesAll13 values13 are13 un-shy‐cutTrue13 width13 is13 estimated13 to13 be13 5513 to13 7013 of13 down13 hole13 intervalAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

Porphyry13 Au-shy‐Ag-shy‐Cu13 Intervals13 for13 201513 Spectrum13 holes

DDH13 Azimuth DipTotal13

Depth13 (m)From13 (m) To13 (m)

Interval13 (m)

Au13 gt13 (uncut) Ag13 gt Cu13

S15-shy‐011 270 -shy‐45 2235 300 20600 20300 097 33 012

S15-shy‐012 270 -shy‐55 251 250 23800 23550 141 42 007

S15-shy‐013 270 -shy‐45 200 300 19800 19500 075 39 015

S15-shy‐014 270 -shy‐58 2175 300 21200 20900 122 48 017

S15-shy‐016 270 -shy‐48 179 1130 17600 16470 090 41 014

S15-shy‐023 270 -shy‐45 225 430 21000 20570 047 28 009

S15-shy‐024 270 -shy‐60 244 300 19264 18964 088 26 006

S15-shy‐025 270 -shy‐45 181 1100 16600 15500 074 16 005

S15-shy‐026 270 -shy‐45 260 12050 22095 10045 092 22 006

S15-shy‐028 270 -shy‐50 254 500 22900 22400 061 29 007

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 402 014And 20200 24973 4773 049 302 013

All13 values13 are13 un-shy‐cutAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

sup3

sup3

sup3sup3

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sup3sup3

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sup3

sup3sup3

sup3sup3

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sup3sup3

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$1

$1

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1600 m

S15-037

S15-035S15-029

S15-027

S15-026

S15-025

S15-032S15-030

S15-039S15-022S15-024

S15-040

S15-036S15-034 S15-060

S15-031

S15-028S15-041

S15-043

S15-049

S-4S-3

S-2

S15-038

4850N

4890N

5035N

5010N

5195N

S15-047

S15-044 S15-046

S15-050

S15-042

S15-048

S15-045

S15-052

S15-051

4975N

5150N

5235N

5095N

4810N

4750N

4700N

4930N

5285N

S91-82

14-SP-009

S91-83

S91-73

S91-66

S89-34

S91-71

S80-21

S91-70

S91-85

S91-78

S91-86

S90-46

S91-74

S80-13

14-SP-001

14-SP-004

S80-14

S91-81

14-SP-007

S91-68

S91-79

S91-63

S91-84

S90-51

S89-35

14-SP-006S90-59

S80-11

S90-52

S90-49

S90-54

S92-90

S80-12

S90-55

S91-80

S89-37

S79-08

S80-22

S90-56

S90-44

S79-06

S91-64

S90-50

S90-45

S90-58

S90-60

S90-43

S91-75

S92-92

S92-91

S89-36

S80-17

S90-61

S-1

S89-41

14-SP-005

S80-20

S90-47

14-SP-002

14-SP-008

S79-03

S80-26

S80-24

S80-18

S89-33

S80-28

S80-15

S79-02

S79-10

S90-62S91-67

S79-01

S90-57

S79-05

S80-27

S80-25

S79-07

S80-19

S79-04

S79-09

S90-48

S91-65

S91-69

S91-72S91-76

S91-77

14-SP-003

S80-16

S90-53

S89-39

S15-015

S15-010

S15-012

S15-017

S15-016

S15-011

S15-013S15-014

S15-018

S15-019

S15-020

S15-023

S15-056

S15-053

S15-054

S15-058

S15-064

S15-055

S15-057

S15-059

S15-033

S15-061

S15-063

S15-064

S15-062

S15-065S15-066

S15-068

S15-067S15-070

S15-069S15-021

Mt Edziza FlowsMt Edziza Flows

Stuhini VolcanicsStuhini Volcanics

Stuhini VolcanicsStuhini Volcanics

1500 m

1700 m

410800

410800

411000

411000

411200

411200

411400

411400

411600

411600

411800

411800

6394

600

6394

600

6394

800

6394

800

6395

000

6395

000

6395

200

6395

200

0 50 100 15025

Meters

sup3

500 Colour Zone

Central Zone(Porphyry and QC Structures)

O P E N

O P E N

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Exploration Trail

Cross Section Line

Monzonite

sup3$1 2015 Drill Hole (Complete)

sup3 2015 Drill Hole (In Progress)$1

sup3 2014 Drill Hole

sup3 Historic Drill Hole

$1

$1

Road Zone

Spectrum GoldDiamond Drill Hole Plan Map

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 0020

Date - 2012610 5Drawn By - CSG

TSX-V SKE

O P E N

Boundary Zone

O P E N

O P E N

O P E NO P E N

O P E N

300 Colour Zone

O P E N

O P E N

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410800 E

410850 E

410850 E

410900 E

410900 E

410950 E

410950 E

6395200 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m 1600 m

1650 m 1650 m

1700 m 1700 m

2m 464 gt Au

100 m

S15-066

S15-066

TSXV SKE

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410820 E

410840 E

410860 E

410880 E

410880 E

410900 E

410900 E

410920 E

410920 E

410940 E

410940 E

410960 E

410960 E

410980 E

410980 E

6395080 N

6395100 N

6395120 N

6395140 N

6395140 N

6395160 N

6395160 N

6395180 N

6395180 N

6395200 N

6395200 N

6395220 N

6395220 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m

1650 m 1650 m

1700 m 1700 m

559

294552

m 115 gt Au

2m 231 gt Au

100 m

S15-068

S15-068

S89-37

S89-3

7

S90-43

S90-43

100 m

S90-44

S90-44

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4610N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Monzonite (Lower)

100 m

200 m

S15-058

S15-058

(NSV)

100 m

200 m

S15-059

S15-059(NSV)

S90-49

100 m

S90-49

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4645N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-054

S15-054

(NSV)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4700N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

100 m

300 m

S15-043

S15-043

100 m

200 m

300 m

S90-50

100 m

S90-50

300 m

200 m

100 m

S15-061

S15-061

S15-063

S15-063

101m 072 gt Au

137m 112 gt Au

4m 2424 gt AuIncluding2m 448 gt Au

114m 1673 gt AuIncluding2m 818 gt Au

4m 2659 gt AuIncluding2m 465 gt Au2m 668 gt Au

2m

335 gt Au

2m 234 gt Au

2m 208 gt Au

2m 247 gt Au

18m 269 gt Au

2m 206 gt Au

2m 485 gt Au

2m 273 gt Au

2m 405 gt A

uIncluding2m 578 gt Au

2m 119 gt Au

2m 289 gt A

u

8m 404 gt AuIncluding

2m 875 gt Au

4480

8180

4650668

578

1190

875

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-009

14-SP-009

100 m

200 m

S15-010

S15-010

100 m

200 m

S15-013

S15-013

100 m

200 m

S15-014

S15-014

100 m

200 m

300 m

400 m

S15-045

S15-045

300 m

100 m

S79-02

S79-02

100 m

S80-18

S80-18

100 m

S89-34

S89-34

100 m

200 m

S15-055

S15-055

100 m

200 m

300 m

400 m

S15-064

S15-064

17m

419 gt Au

2m 292 gt Au

198m 134 gt Au

212m 224 gt Au

17m 1783 gt Au

141m 028 gt Au

31m

02 gt Au

127m 126 gt AuIncluding13m 338 gt Au2m 222 gt Au2m 227 gt Au2m 290 gt Au10m 23 gt Au

1695m 495 gt AuIncluding7m of 795 gt Au

33m 184 gt AuIncluding15m 475 gt Au

36m 164 gt AuIncluding2m 221 gt Au

2m 168 gt Au

2m 107 gt Au

4m 1367 gt Au

2m 179 gt Au

2m 10 gt Au

1m 111 gt Au

2m 2545 gt Au

6m 312 gt Au

2m 213 gt Au

175m 117 gt Au

2m 281 gt Au

14m 159 gt Au

19m 544 gt Au

415m 214 gt Au

4m 318 gt Au

2m 243 gt Au

5m 225 gt Au

4m 16 gt Au

2m 213 gt Au

2m 235 gt Au

14m 827 gt Au

6m 309 gt AuIncluding

1m 231 gt Au

2m 325 gt Au

2m 575 gt A

u

5252210

10001110

25450

9282210

1590

960

12101240

2130

1170

827

2310

575

1460

607

2256

614

1783

934

(Looking North)

Spectrum Gold Project - Section 4750N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

536

843

979

856

212

265328

240

205334

383

233

354203

950

271

247

345211

439

2983780

223

204

4980

287285

641774

238

918

207

296224

247214

223

398

799

353

219

226288

254

219

562

247

233

785

298

291

1196675

273

683

967

556

6021020

231

495

1200

390

220

3500

684447

356

756

590

324

220

451

832

645

1390

804

6m 786 gt Au

16m 856 gt Au

738m 179 gt Au

38m 128 gt Au

6m 207 gt Au

4m 286 gt Au

4m 708 gt Au

40m 131 gt Au

425m 136 gt Au

799m 156 gt Au

1247m 084 gt Au

61m 162 gt AuIncluding2m 238 gt Au4m 562 gt Au6m 199 gt Au2m 247 gt Au2m 214 gt Au

36m 104 gt AuIncluding5m 2 gt Au2m 228 gt Au135m 24 gt Au

12m 362 gt AuIncluding2m 95 gt Au

184m 64 gt AuIncluding39m 2527 gt AuAlso Including19m 50 gt Au

17m 18 gt AuIncluding20m 683 gt Au30m 245 gt Au

17m 967 gt Au

11m 31 gt AuIncluding22m 556 gt Au

6m 544 gt AuIncluding2m 102 gt Au

15m 456 gt Au

66m 1059 gt AuIncluding14m 378 gt Au

2m

231 gt Au

8m 536 gt AuIncluding2m 12 gt Au

14m 782 gt AuIncluding2m 35 gt Au

2m

756 gt Au

2m

59 gt A

u

225m

22 gt Au

15m

451 gt Au

2m 236 gt Au

2m 251 gt Au

2m 832 gt Au

2m 46 gt Au

26m 1018 gt Au

09m 804 gt Au

200 m

S15-011

S15-011

S15-012

S15-012

100 m

S15-016

S15-016

100 m

200 m

300 m

S15-042

S15-042

100 m

S15-048

S15-048(NSV)

100 m

200 m

S15-049

S15-049

100 m

200 m

300 m

S15-052

S15-052

100 m

200 m

300 m

S15-057

S15-057

100 m

S79-01

S79-01

S79-03

S80-19

S80-19

100 m

S92-92

S92-92

S15-070

100 m

200 m

300 m

400 m

S15-07

0

(Looking North)

Spectrum Gold Project - Section 4810N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

294

288

883613587

228

379

7450

504

254

1220

879

222

207

286

222

229

706

315

312

291

607

363

315

459

2670

594

2m 294 gt Au

2m 288 gt Au

2615m 821 gt AuIncluding915m 473 gt AuAlso Including215m 88 gt Au15m 61 gt Au2m 59 gt Au35m 442 gt AuAlso Including2m 745 gt Au

44m 112 gt AuIncluding2m 254 gt Au15m 122 gt Au

1m 879 gt Au

137m 064 gt Au

14m 262 gt Au

6m 204 gt Au

87m 286 gt Au

8m 218 gt Au

55m 344 gt Au

6m 555 gt Au

20m

222 gt Au

22m 207 gt Au

2m 286 gt A

u2m 222 gt A

u

2m 225 gt Au

2m 476 gt Au

1m 267 gt Au

11m 282 gt A

u

21m 293 gt Au

2m 266 gt Au

14m 594 gt Au

200 m

S15-015

S15-015

S15-021

S15-021

100 m

S15-028

100 m

200 m

300 m

S15-051

S15-051

100 m

200 m

300 m

S15-056

S15-056

S15-062

(NSV)

300 m

400 m

500 m

S15-062(Cont on 4890N)

S80-23

100 m

S80-23100 m

S80-26

S80-2

6100 m

S80-27

S80-27

S90-48

S90-48

S15-028

100 m

200 m

300 m

400 m

S15-067

S15-067

S15-069

100 m

200 m

400 m

S15-069

(Cont on 4890N)

(Looking North)

Spectrum Gold Project - Section 4850N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

41

11

00

E4

11

10

0 E

41

11

50

E4

11

15

0 E

41

12

00

E4

11

20

0 E

41

12

50

E4

11

25

0 E

41

13

00

E4

11

30

0 E

41

13

50

E4

11

35

0 E

41

14

00

E

41

14

50

E

41

15

00

E4

11

50

0 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

243

316

295

266697256

272359

879

925690

256

274

268

283

829

207

473

582

586

1860427

995

592

983

8090

288

240

405

1587

442

405

261

208

1020

12m 154 gt AuIncluding2m 243 gt Au4m 306 gt Au

21m

09 gt Au

135m 278 gt AuIncluding2m 697 gt Au

1m 879 gt Au

6m 555 gt Au

2m 256 gt Au

4m 271 gt Au

2m 283 gt Au

1m 829 gt Au

2m 473 gt Au

135m 582 gt Au

2m 586 gt Au

93m 395 gt AuIncluding13m 186 gt Au2m 427 gt Au

15m 995 gt Au1m 592 gt Au

23m 809 gt Au

9m 173 gt Au

122m 157 gt Au

85m 123 gt Au

47m 279 gt Au

19m 39 gt Au

144m 117 gt Au

2m 983 gt A

u

2m 253 gt A

u

1m 102 gt A

u

100 m

200 m

S15-019

S15-019

S15-028

S15-028

100 m

200 m

S15-031

S15-031

100 m

200 m

S15-041

S15-041

100 m

200 m

300 m

S15-050

S15-050

100 m

200 m

300 m

S15-053

S15-053

S15-062

(Cont from

4850N)

600 m

S15-062(NSV)

S79-04S79-05

S79-05

S79-06

S79-06

S79-07

S79-08

S79-08

S80-23

S80-23

S80-28

S80-28

100 m

S89-35

S89-35

100 m

S92-91

S92-91

S1

5-0

69

(Co

nt fro

m 4

85

0N)

400

m

S1

5-0

69

(Looking North)

Spectrum Gold Project - Section 4890N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

500 Colour Zone

Central Zone(Porphyry and QC structures)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 12:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

Metallurgy ndash Gravity and Cyanide A bench-scale metallurgical test was conducted on 2014 drill core obtained from throughout two of the mineralized zones The work was performed by Saskatchewan Research Council under the supervision of Michael Yakimchuk P Eng (see news release of May 12 2015)

wwwskeenaresourcescom 13

QC Structure

gtThe composite head-feed sample was calculated to be 1396 gt Au as compared tothe weighted average of 1350 gt for the individual drill core sample assays

gtA gravity recovery test yielded gold recovery of 564

gtAn overall gold recovery of 988 was obtained when both gravity and subsequentcyanide leaching of the gravity tails were performed

Porphyry Structure

gtThe composite head feed sample was calculated to be 876 gt Au as compared to theweighted average of 1055 gt for the individual drill core samples

gtA gravity recovery test yielded gold recovery of 246

gtAn overall gold recovery of 916 when both gravity and subsequent cyanide leachingof the gravity tails were performed

Metallurgy ndash Flotation StudiesBench scale test work completed at SRC under the direction of Michael YakimchukP Eng has shown that the mineralized rock also returns high gold recovery when using a flotation process (see news release of July 20 2015)

gt Samples from the QC structures in the Central zone were upgraded by flotation from a composite head grade of 944 to over 22 gt Au with an average overall recovery of 85 with multiple tests yielding gold recoveries over 95

gt Samples from the Porphyry structures in the Central zone were upgraded from a composite head grade 969 gt to an average of over 364 gt with average overall recovery of 928 and multiple tests yielding gold recoveries over 95

Conclusion the positive results from each of gravity cyanidation and flotation tests demonstrate there is flexibility for future mineral processing of the mineralization Additional test work is planned after the 2015 field season

wwwskeenaresourcescom 14

Management and Share StructureDirectors amp Management

Ron Netolitzky MSc Chairman Director

Walt Coles Jr President amp CEO Director

Rupert Allan PGeol Vice President of Exploration Director

Michael Cathro MSc PGeo Vice President of Operations

Peter Tredger MBA PEng Director

Karen Allan CMA CFOCorporate Secretary

Share Structure (as at Nov 9 2015)

Shares Outstanding 325401172

Options ($010 strike price)

Warrants ($010 strike price)

Fully Diluted

Working Capital

14700000

40397000

380498172

$4 million

Includes 76663517 common shares in escrow

wwwskeenaresourcescom 15

The ExpertiseSkeenarsquos Board and Management has considerable exploration and development experience in northwestern British Columbia

Ron Netolitzky was one of the primary developers behind the Snip Mine that Cominco placed into production and Eskay Creek which was developed by Homestake and Barrick For these achievements amongst numerous other international accomplishments Mr Netolitzky received the Prospector of the Year award from the PDAC and Developer of the Year award from the BC amp Yukon Chamber of Mines Ron was also inducted into the Canadian Mining Hall of Fame in 2015

Peter Tredger was one of the developers of the Golden Bear mine as well as being intimately involved with the merger of Blue Pearl Resources and the expansion of the Thompson Creek Metals portfolio

Rupert Allan P Geol is a consulting geologist with 45 yearsrsquo experience in base and precious metals exploration throughout Canada and internationally He has worked extensively in northwest British Columbia and was instrumental in the permitting and development of the Brewery Creek heap leach gold mine in the Yukon

Michael Cathro P Geo is a registered professional geoscientist in British Columbia and holds a BSc from Queens University and a MSc from the Colorado School of Mines Mr Cathros 35-year career has included work as an exploration geologist on gold and base-metal projects in Canada and overseas and 17 years in technical and management roles with the BC Ministry of Energy Mines and Petroleum Resources

wwwskeenaresourcescom 16

Past SuccessesSpectrumrsquos Past Exploration Development Success Ratio

gt 243600 historical oz of Au from 11902 m of historical drilling

gt 205 oz Au discovered for every metre drilled

gt Assuming $250 per metre drilling cost = $1220 per oz Au discovery cost

Historic mines in NW British Columbia where Netolitzky was the driving forcebehind their development

gt Snip Gold Minersaquo 1 million oz Au produced at 25 gt

gt Eskay Creek Minersaquo 327 million oz Au produced at 49 gtrsaquo 158 million oz Ag produced at 2406 gt

wwwskeenaresourcescom 17

Past performance should not be construed to mean future drill results and exploration development success will be guaranteedThis estimate precedes NI 43-101 and is not to be relied upon This estimate is not current and a Qualified Person has not done sufficient work toclassify the historical estimate and Skeena is not treating the historical estimate as a current resource

Contact Information

wwwskeenaresourcescom 18

Tony PerriManager Investor Relations

tperriskeenaresourcescomTel +16046848725Dir +16045587681Fax +16045587695

Skeena Resources LimitedSuite 650 ndash 1021 West Hastings StreetVancouver British Columbia Canada

V6E 0C3

wwwskeenaresourcescomTSX Venture Exchange SKE

Appendix

Figures from 2015 Spectrum Drill Program

gt Table of Intersectionsgt Drill plangt Cross-sectionsgt Gold in soil maps

wwwskeenaresourcescom 19

Page13 113 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐010 270 -shy‐52 278 340 700 360 164including 500 700 200 221

9430 9600 170 41914500 14700 200 292 01119900 20040 140 159

S15-shy‐011 270 -shy‐45 2235 600 1200 600 7862000 2160 160 8564800 8400 3600 104 30 010

including 5000 5500 500 200and 6200 6400 200 328 011and 7100 7235 135 240 136 062

11000 11738 738 179 56 01313000 14200 1200 362 52 016

including 14000 14200 200 95 90 024

S15-shy‐012 270 -shy‐55 251 3500 7300 3800 12810200 10860 660 1059 31 019

including 10550 10690 140 37814000 14600 600 207 15019760 21600 1840 640 88

including 19760 20150 390 2527 595 033including 19960 20150 190 498 1180 063

21200 21600 400 286 8823400 23800 400 708 175 012

S15-shy‐013 270 -shy‐45 200 300 13000 12700 126 52 015including 2000 3300 1300 338 77 024

and 2720 2940 220 96 115 036and 3100 3300 200 450 138 031and 4800 5000 200 222and 7800 8000 200 227 59 016and 10800 11000 200 290 011and 12000 13000 1000 230 53 014

S15-shy‐014 270 -shy‐58 2175 300 700 400 3181900 2100 200 243

Page13 213 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 3000 3500 500 225 0225100 5500 400 160 0247700 9395 1695 495 205 070

including 8300 9000 700 795 355 09315300 15500 200 213 6317100 17275 175 11720800 21000 200 281 72 011

S15-shy‐015 270 -shy‐50 259 2800 3000 200 2943800 4000 200 28816385 19000 2615 821

Including 16385 17300 915 473And 16385 16600 215 883And 16750 16900 150 613And 17100 17300 200 587And 18050 18400 350 442 75

Including 18200 18400 200 745 85

S15-shy‐016 270 -shy‐48 179 3400 9500 6100 162 014Including 3400 3600 200 238

And 4800 5200 400 563 96 022Including 4800 5000 200 918 110 022

And 6500 7100 600 199 012And 8700 8900 200 247 011And 9300 9500 200 214 55 014

S15-shy‐017 270 -shy‐55 193 10315 10400 085 979 430012800 13600 800 1046 83

including 12800 13030 230 3333 267 01315740 16100 360 116818000 18275 275 279 54 010

S15-shy‐018 270 -shy‐45 302 13900 14130 230 11118300 18500 200 613 01022100 22700 600 544 234

Including 22500 22700 200 132 63825100 25300 200 237

Page13 313 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐019 270 -shy‐50 215 1900 3100 1200 155including 1900 2100 200 243

And 2700 3100 400 3069600 11700 2100 090 01015900 17250 1350 278

Including 16300 16500 200 697

S15-shy‐020 270 -shy‐45 258 23600 23800 200 251

S15-shy‐021 270 -shy‐50 605 Hole13 abandonded13 in13 fault13 Poor13 recovery13 No13 significant13 values

S15-shy‐022 270 -shy‐50 254 15000 15200 200 78616800 17000 200 13517410 18900 1490 897

Including 17410 17700 290 3851 54Including 17410 17562 152 347

And 17562 17700 138 427 81

S15-shy‐023 270 -shy‐45 225 6000 8590 2590 077 011Including 8000 8200 200 458 012

16500 16700 200 243 01019300 19660 360 561 103

Including 19300 19460 160 917 13520800 21000 200 211 85

S15-shy‐024 270 -shy‐60 244 3200 3400 200 2937600 8000 400 35913625 13716 091 641 24017020 17220 200 314 5118300 19264 964 681 207 009

Including 18700 18870 170 141 204 014

S15-shy‐025 270 -shy‐45 181 1100 1300 200 3144100 4900 800 414

Including 4100 4215 115 172 98 01511100 13400 2300 143

Page13 413 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 Including 11100 11300 200 276

And 12800 13000 200 531

S15-shy‐026 270 -shy‐45 260 800 1000 200 477 12212250 12450 200 22414870 15270 400 31218250 19050 800 567 015

Including 18250 18450 200 89 80 027And 18850 19050 200 101 014

S15-shy‐027 266 -shy‐48 266 19400 19600 200 251

S15-shy‐028 270 -shy‐50 254 500 4900 4400 112Including 1100 1300 200 254

And 3500 3650 150 12216600 16700 100 87919800 20400 600 555 54

S15-shy‐029 266 -shy‐45 219 14740 14900 160 411 01120500 20700 200 735 5910

S15-shy‐030 270 -shy‐45 265 21450 21550 100 587 252024700 24900 200 213

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022Including 2900 3100 200 256 013

And 9300 9700 400 271 58 021And 10900 11100 200 283 013And 13500 13600 100 829 67 011And 19300 19500 200 473 145 032And 21700 21835 135 582 228 435

S15-shy‐032 270 -shy‐45 2943

S15-shy‐033 270 -shy‐45 117

S15-shy‐034 270 -shy‐57 196

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 513 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐035 265 -shy‐45 2425 2900 3100 200 25515900 16100 200 27816750 16900 150 670 713 08423020 23130 110 648 741

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008Including 14215 14675 460 180 75

S15-shy‐037 265 -shy‐45 220 3700 4100 400 315 5416900 17100 200 224 011

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010Including 1000 1200 200 334

And 11400 12400 1000 184 82 018

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017Including 1700 6100 4400 140 68 017Including 3100 3300 200 626 014

S15-shy‐040 265 -shy‐45 299 16900 18300 1400 190Including 16900 17000 100 704 77

And 17400 17510 110 582 10820570 20780 210 446 126 02323280 23930 650 13623280 23350 070 530 259 041

S15-shy‐041 265 -shy‐50 214 8500 8700 200 586 7814570 15500 930 395

Including 14570 14700 130 186And 15300 15500 200 427

19050 19200 150 995 53321300 21400 100 592 61

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005Including 2500 4200 1700 179Including 2500 2700 200 683 53

Page13 613 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 11330 11500 170 96716500 17600 1100 310

Including 16710 16930 220 55619200 19800 600 544 11119600 19800 200 102 29020700 20850 150 456

S15-shy‐043 265 -shy‐45 362 19700 20100 400 2424Including 19900 20100 200 448

21060 22200 1140 1673Including 21600 21800 200 818 56

23000 23400 400 2659Including 23000 23200 200 465

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 40 014Including 5700 5900 200 662 68 027

And 14100 14300 200 327 54 01320200 24973 4773 049 30 013

S15-shy‐045 265 -shy‐45 275 18500 18700 200 21321700 21900 200 235

S15-shy‐046 265 -shy‐45 266 4000 4400 400 30615900 16100 200 41919200 19600 400 1697 100

Including 19400 19600 200 298 150 015

S15-shy‐047 265 -shy‐45 320 12200 12400 200 23325495 25635 140 154 210 011

S15-shy‐048 265 -shy‐55 1498

S15-shy‐049 265 -shy‐45 269 12500 12700 200 23118500 19300 800 536

Including 18700 18900 200 12021100 22500 1400 782 011

Including 21500 21700 200 350 79 022

Abandoned13 Before13 Zone13 -shy‐13 No13 Significant13 Values

Page13 713 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 23500 23700 200 75624300 24500 200 590

S15-shy‐050 265 -shy‐50 338 28800 29000 200 983

S15-shy‐051 265 -shy‐50 385 2800 3000 200 2229030 9250 220 20721950 22150 200 286 117 01323750 23950 200 222

S15-shy‐052 265 -shy‐46 365 22575 22800 225 22029650 29800 150 451

S15-shy‐053 256 -shy‐46 341

S15-shy‐054 252 -shy‐45 256

S15-shy‐055 265 -shy‐45 3813 20000 20600 600 309Including 20460 20600 140 827

28650 28750 100 2310

S15-shy‐056 265 -shy‐50 365 25600 25800 200 22531300 31500 200 47635900 36000 100 267

S15-shy‐057 265 -shy‐46 395 21700 21900 200 236 37130200 30400 200 25132800 33000 200 832 127 038

S15-shy‐058 265 -shy‐45 212

S15-shy‐059 265 -shy‐65 21430

S15-shy‐060 265 -shy‐45 422 20700 21300 600 327Including 21100 21300 200 589

25200 27000 1800 613 008Including 25800 25900 100 110 010

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 813 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 And 26400 26500 100 300 52 006And 26830 27000 170 306 019

30400 30600 200 210

S15-shy‐061 265 -shy‐45 317 18000 18200 200 33518800 19000 200 23422400 30000 7600 113 24 006

including 22400 22600 200 208And 24600 24800 200 247And 26400 28200 1800 269

Including 26400 26600 200 578 63And 28000 28200 200 1190

29800 30000 200 206 84

S15-shy‐062 263 -shy‐45 740

S15-shy‐063 265 -shy‐45 4472 21930 22130 200 485 642 05323600 23800 200 27328400 28600 200 40539800 41800 2000 187

Including 39600 40400 800 404Including 40200 40400 200 875

41800 42000 200 289

S15-shy‐064 265 -shy‐45 473 19100 19300 200 325 106033600 33800 200 575

S15-shy‐06513 (Boundary)

265 -shy‐45 265 2800 3000 200 332

12686 12800 114 1050

S15-shy‐06613 13 13 13 (30013 Colour)

70 -shy‐50 182 3200 3400 200 464

S15-shy‐067 270 -shy‐50 404

No13 Significant13 Values

No13 Significant13 Values

Page13 913 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐06813 13 13 13

(30013 Colour)50 -shy‐50 242 5000 10200 5200 115

Including 5200 6800 1600 18713200 13400 200 231

S15-shy‐069 270 -shy‐45 470 5600 5810 210 293 1016400 6600 200 26629865 30005 140 594 7942000 42200 200 253 01042580 42680 100 1020 1170 024

S15-shy‐070 270 -shy‐46 449 33600 33800 200 46039340 39600 260 1018 660 02141110 41200 090 804 011

NotesAll13 values13 are13 un-shy‐cutTrue13 width13 is13 estimated13 to13 be13 5513 to13 7013 of13 down13 hole13 intervalAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

Porphyry13 Au-shy‐Ag-shy‐Cu13 Intervals13 for13 201513 Spectrum13 holes

DDH13 Azimuth DipTotal13

Depth13 (m)From13 (m) To13 (m)

Interval13 (m)

Au13 gt13 (uncut) Ag13 gt Cu13

S15-shy‐011 270 -shy‐45 2235 300 20600 20300 097 33 012

S15-shy‐012 270 -shy‐55 251 250 23800 23550 141 42 007

S15-shy‐013 270 -shy‐45 200 300 19800 19500 075 39 015

S15-shy‐014 270 -shy‐58 2175 300 21200 20900 122 48 017

S15-shy‐016 270 -shy‐48 179 1130 17600 16470 090 41 014

S15-shy‐023 270 -shy‐45 225 430 21000 20570 047 28 009

S15-shy‐024 270 -shy‐60 244 300 19264 18964 088 26 006

S15-shy‐025 270 -shy‐45 181 1100 16600 15500 074 16 005

S15-shy‐026 270 -shy‐45 260 12050 22095 10045 092 22 006

S15-shy‐028 270 -shy‐50 254 500 22900 22400 061 29 007

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 402 014And 20200 24973 4773 049 302 013

All13 values13 are13 un-shy‐cutAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

sup3

sup3

sup3sup3

sup3

sup3sup3

sup3sup3

sup3

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sup3

sup3sup3

sup3sup3

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sup3

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sup3

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sup3

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sup3

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sup3

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sup3sup3

sup3

$1

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1600 m

S15-037

S15-035S15-029

S15-027

S15-026

S15-025

S15-032S15-030

S15-039S15-022S15-024

S15-040

S15-036S15-034 S15-060

S15-031

S15-028S15-041

S15-043

S15-049

S-4S-3

S-2

S15-038

4850N

4890N

5035N

5010N

5195N

S15-047

S15-044 S15-046

S15-050

S15-042

S15-048

S15-045

S15-052

S15-051

4975N

5150N

5235N

5095N

4810N

4750N

4700N

4930N

5285N

S91-82

14-SP-009

S91-83

S91-73

S91-66

S89-34

S91-71

S80-21

S91-70

S91-85

S91-78

S91-86

S90-46

S91-74

S80-13

14-SP-001

14-SP-004

S80-14

S91-81

14-SP-007

S91-68

S91-79

S91-63

S91-84

S90-51

S89-35

14-SP-006S90-59

S80-11

S90-52

S90-49

S90-54

S92-90

S80-12

S90-55

S91-80

S89-37

S79-08

S80-22

S90-56

S90-44

S79-06

S91-64

S90-50

S90-45

S90-58

S90-60

S90-43

S91-75

S92-92

S92-91

S89-36

S80-17

S90-61

S-1

S89-41

14-SP-005

S80-20

S90-47

14-SP-002

14-SP-008

S79-03

S80-26

S80-24

S80-18

S89-33

S80-28

S80-15

S79-02

S79-10

S90-62S91-67

S79-01

S90-57

S79-05

S80-27

S80-25

S79-07

S80-19

S79-04

S79-09

S90-48

S91-65

S91-69

S91-72S91-76

S91-77

14-SP-003

S80-16

S90-53

S89-39

S15-015

S15-010

S15-012

S15-017

S15-016

S15-011

S15-013S15-014

S15-018

S15-019

S15-020

S15-023

S15-056

S15-053

S15-054

S15-058

S15-064

S15-055

S15-057

S15-059

S15-033

S15-061

S15-063

S15-064

S15-062

S15-065S15-066

S15-068

S15-067S15-070

S15-069S15-021

Mt Edziza FlowsMt Edziza Flows

Stuhini VolcanicsStuhini Volcanics

Stuhini VolcanicsStuhini Volcanics

1500 m

1700 m

410800

410800

411000

411000

411200

411200

411400

411400

411600

411600

411800

411800

6394

600

6394

600

6394

800

6394

800

6395

000

6395

000

6395

200

6395

200

0 50 100 15025

Meters

sup3

500 Colour Zone

Central Zone(Porphyry and QC Structures)

O P E N

O P E N

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Exploration Trail

Cross Section Line

Monzonite

sup3$1 2015 Drill Hole (Complete)

sup3 2015 Drill Hole (In Progress)$1

sup3 2014 Drill Hole

sup3 Historic Drill Hole

$1

$1

Road Zone

Spectrum GoldDiamond Drill Hole Plan Map

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 0020

Date - 2012610 5Drawn By - CSG

TSX-V SKE

O P E N

Boundary Zone

O P E N

O P E N

O P E NO P E N

O P E N

300 Colour Zone

O P E N

O P E N

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410800 E

410850 E

410850 E

410900 E

410900 E

410950 E

410950 E

6395200 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m 1600 m

1650 m 1650 m

1700 m 1700 m

2m 464 gt Au

100 m

S15-066

S15-066

TSXV SKE

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410820 E

410840 E

410860 E

410880 E

410880 E

410900 E

410900 E

410920 E

410920 E

410940 E

410940 E

410960 E

410960 E

410980 E

410980 E

6395080 N

6395100 N

6395120 N

6395140 N

6395140 N

6395160 N

6395160 N

6395180 N

6395180 N

6395200 N

6395200 N

6395220 N

6395220 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m

1650 m 1650 m

1700 m 1700 m

559

294552

m 115 gt Au

2m 231 gt Au

100 m

S15-068

S15-068

S89-37

S89-3

7

S90-43

S90-43

100 m

S90-44

S90-44

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4610N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Monzonite (Lower)

100 m

200 m

S15-058

S15-058

(NSV)

100 m

200 m

S15-059

S15-059(NSV)

S90-49

100 m

S90-49

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4645N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-054

S15-054

(NSV)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4700N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

100 m

300 m

S15-043

S15-043

100 m

200 m

300 m

S90-50

100 m

S90-50

300 m

200 m

100 m

S15-061

S15-061

S15-063

S15-063

101m 072 gt Au

137m 112 gt Au

4m 2424 gt AuIncluding2m 448 gt Au

114m 1673 gt AuIncluding2m 818 gt Au

4m 2659 gt AuIncluding2m 465 gt Au2m 668 gt Au

2m

335 gt Au

2m 234 gt Au

2m 208 gt Au

2m 247 gt Au

18m 269 gt Au

2m 206 gt Au

2m 485 gt Au

2m 273 gt Au

2m 405 gt A

uIncluding2m 578 gt Au

2m 119 gt Au

2m 289 gt A

u

8m 404 gt AuIncluding

2m 875 gt Au

4480

8180

4650668

578

1190

875

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-009

14-SP-009

100 m

200 m

S15-010

S15-010

100 m

200 m

S15-013

S15-013

100 m

200 m

S15-014

S15-014

100 m

200 m

300 m

400 m

S15-045

S15-045

300 m

100 m

S79-02

S79-02

100 m

S80-18

S80-18

100 m

S89-34

S89-34

100 m

200 m

S15-055

S15-055

100 m

200 m

300 m

400 m

S15-064

S15-064

17m

419 gt Au

2m 292 gt Au

198m 134 gt Au

212m 224 gt Au

17m 1783 gt Au

141m 028 gt Au

31m

02 gt Au

127m 126 gt AuIncluding13m 338 gt Au2m 222 gt Au2m 227 gt Au2m 290 gt Au10m 23 gt Au

1695m 495 gt AuIncluding7m of 795 gt Au

33m 184 gt AuIncluding15m 475 gt Au

36m 164 gt AuIncluding2m 221 gt Au

2m 168 gt Au

2m 107 gt Au

4m 1367 gt Au

2m 179 gt Au

2m 10 gt Au

1m 111 gt Au

2m 2545 gt Au

6m 312 gt Au

2m 213 gt Au

175m 117 gt Au

2m 281 gt Au

14m 159 gt Au

19m 544 gt Au

415m 214 gt Au

4m 318 gt Au

2m 243 gt Au

5m 225 gt Au

4m 16 gt Au

2m 213 gt Au

2m 235 gt Au

14m 827 gt Au

6m 309 gt AuIncluding

1m 231 gt Au

2m 325 gt Au

2m 575 gt A

u

5252210

10001110

25450

9282210

1590

960

12101240

2130

1170

827

2310

575

1460

607

2256

614

1783

934

(Looking North)

Spectrum Gold Project - Section 4750N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

536

843

979

856

212

265328

240

205334

383

233

354203

950

271

247

345211

439

2983780

223

204

4980

287285

641774

238

918

207

296224

247214

223

398

799

353

219

226288

254

219

562

247

233

785

298

291

1196675

273

683

967

556

6021020

231

495

1200

390

220

3500

684447

356

756

590

324

220

451

832

645

1390

804

6m 786 gt Au

16m 856 gt Au

738m 179 gt Au

38m 128 gt Au

6m 207 gt Au

4m 286 gt Au

4m 708 gt Au

40m 131 gt Au

425m 136 gt Au

799m 156 gt Au

1247m 084 gt Au

61m 162 gt AuIncluding2m 238 gt Au4m 562 gt Au6m 199 gt Au2m 247 gt Au2m 214 gt Au

36m 104 gt AuIncluding5m 2 gt Au2m 228 gt Au135m 24 gt Au

12m 362 gt AuIncluding2m 95 gt Au

184m 64 gt AuIncluding39m 2527 gt AuAlso Including19m 50 gt Au

17m 18 gt AuIncluding20m 683 gt Au30m 245 gt Au

17m 967 gt Au

11m 31 gt AuIncluding22m 556 gt Au

6m 544 gt AuIncluding2m 102 gt Au

15m 456 gt Au

66m 1059 gt AuIncluding14m 378 gt Au

2m

231 gt Au

8m 536 gt AuIncluding2m 12 gt Au

14m 782 gt AuIncluding2m 35 gt Au

2m

756 gt Au

2m

59 gt A

u

225m

22 gt Au

15m

451 gt Au

2m 236 gt Au

2m 251 gt Au

2m 832 gt Au

2m 46 gt Au

26m 1018 gt Au

09m 804 gt Au

200 m

S15-011

S15-011

S15-012

S15-012

100 m

S15-016

S15-016

100 m

200 m

300 m

S15-042

S15-042

100 m

S15-048

S15-048(NSV)

100 m

200 m

S15-049

S15-049

100 m

200 m

300 m

S15-052

S15-052

100 m

200 m

300 m

S15-057

S15-057

100 m

S79-01

S79-01

S79-03

S80-19

S80-19

100 m

S92-92

S92-92

S15-070

100 m

200 m

300 m

400 m

S15-07

0

(Looking North)

Spectrum Gold Project - Section 4810N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

294

288

883613587

228

379

7450

504

254

1220

879

222

207

286

222

229

706

315

312

291

607

363

315

459

2670

594

2m 294 gt Au

2m 288 gt Au

2615m 821 gt AuIncluding915m 473 gt AuAlso Including215m 88 gt Au15m 61 gt Au2m 59 gt Au35m 442 gt AuAlso Including2m 745 gt Au

44m 112 gt AuIncluding2m 254 gt Au15m 122 gt Au

1m 879 gt Au

137m 064 gt Au

14m 262 gt Au

6m 204 gt Au

87m 286 gt Au

8m 218 gt Au

55m 344 gt Au

6m 555 gt Au

20m

222 gt Au

22m 207 gt Au

2m 286 gt A

u2m 222 gt A

u

2m 225 gt Au

2m 476 gt Au

1m 267 gt Au

11m 282 gt A

u

21m 293 gt Au

2m 266 gt Au

14m 594 gt Au

200 m

S15-015

S15-015

S15-021

S15-021

100 m

S15-028

100 m

200 m

300 m

S15-051

S15-051

100 m

200 m

300 m

S15-056

S15-056

S15-062

(NSV)

300 m

400 m

500 m

S15-062(Cont on 4890N)

S80-23

100 m

S80-23100 m

S80-26

S80-2

6100 m

S80-27

S80-27

S90-48

S90-48

S15-028

100 m

200 m

300 m

400 m

S15-067

S15-067

S15-069

100 m

200 m

400 m

S15-069

(Cont on 4890N)

(Looking North)

Spectrum Gold Project - Section 4850N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

41

11

00

E4

11

10

0 E

41

11

50

E4

11

15

0 E

41

12

00

E4

11

20

0 E

41

12

50

E4

11

25

0 E

41

13

00

E4

11

30

0 E

41

13

50

E4

11

35

0 E

41

14

00

E

41

14

50

E

41

15

00

E4

11

50

0 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

243

316

295

266697256

272359

879

925690

256

274

268

283

829

207

473

582

586

1860427

995

592

983

8090

288

240

405

1587

442

405

261

208

1020

12m 154 gt AuIncluding2m 243 gt Au4m 306 gt Au

21m

09 gt Au

135m 278 gt AuIncluding2m 697 gt Au

1m 879 gt Au

6m 555 gt Au

2m 256 gt Au

4m 271 gt Au

2m 283 gt Au

1m 829 gt Au

2m 473 gt Au

135m 582 gt Au

2m 586 gt Au

93m 395 gt AuIncluding13m 186 gt Au2m 427 gt Au

15m 995 gt Au1m 592 gt Au

23m 809 gt Au

9m 173 gt Au

122m 157 gt Au

85m 123 gt Au

47m 279 gt Au

19m 39 gt Au

144m 117 gt Au

2m 983 gt A

u

2m 253 gt A

u

1m 102 gt A

u

100 m

200 m

S15-019

S15-019

S15-028

S15-028

100 m

200 m

S15-031

S15-031

100 m

200 m

S15-041

S15-041

100 m

200 m

300 m

S15-050

S15-050

100 m

200 m

300 m

S15-053

S15-053

S15-062

(Cont from

4850N)

600 m

S15-062(NSV)

S79-04S79-05

S79-05

S79-06

S79-06

S79-07

S79-08

S79-08

S80-23

S80-23

S80-28

S80-28

100 m

S89-35

S89-35

100 m

S92-91

S92-91

S1

5-0

69

(Co

nt fro

m 4

85

0N)

400

m

S1

5-0

69

(Looking North)

Spectrum Gold Project - Section 4890N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

500 Colour Zone

Central Zone(Porphyry and QC structures)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 13:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

Metallurgy ndash Flotation StudiesBench scale test work completed at SRC under the direction of Michael YakimchukP Eng has shown that the mineralized rock also returns high gold recovery when using a flotation process (see news release of July 20 2015)

gt Samples from the QC structures in the Central zone were upgraded by flotation from a composite head grade of 944 to over 22 gt Au with an average overall recovery of 85 with multiple tests yielding gold recoveries over 95

gt Samples from the Porphyry structures in the Central zone were upgraded from a composite head grade 969 gt to an average of over 364 gt with average overall recovery of 928 and multiple tests yielding gold recoveries over 95

Conclusion the positive results from each of gravity cyanidation and flotation tests demonstrate there is flexibility for future mineral processing of the mineralization Additional test work is planned after the 2015 field season

wwwskeenaresourcescom 14

Management and Share StructureDirectors amp Management

Ron Netolitzky MSc Chairman Director

Walt Coles Jr President amp CEO Director

Rupert Allan PGeol Vice President of Exploration Director

Michael Cathro MSc PGeo Vice President of Operations

Peter Tredger MBA PEng Director

Karen Allan CMA CFOCorporate Secretary

Share Structure (as at Nov 9 2015)

Shares Outstanding 325401172

Options ($010 strike price)

Warrants ($010 strike price)

Fully Diluted

Working Capital

14700000

40397000

380498172

$4 million

Includes 76663517 common shares in escrow

wwwskeenaresourcescom 15

The ExpertiseSkeenarsquos Board and Management has considerable exploration and development experience in northwestern British Columbia

Ron Netolitzky was one of the primary developers behind the Snip Mine that Cominco placed into production and Eskay Creek which was developed by Homestake and Barrick For these achievements amongst numerous other international accomplishments Mr Netolitzky received the Prospector of the Year award from the PDAC and Developer of the Year award from the BC amp Yukon Chamber of Mines Ron was also inducted into the Canadian Mining Hall of Fame in 2015

Peter Tredger was one of the developers of the Golden Bear mine as well as being intimately involved with the merger of Blue Pearl Resources and the expansion of the Thompson Creek Metals portfolio

Rupert Allan P Geol is a consulting geologist with 45 yearsrsquo experience in base and precious metals exploration throughout Canada and internationally He has worked extensively in northwest British Columbia and was instrumental in the permitting and development of the Brewery Creek heap leach gold mine in the Yukon

Michael Cathro P Geo is a registered professional geoscientist in British Columbia and holds a BSc from Queens University and a MSc from the Colorado School of Mines Mr Cathros 35-year career has included work as an exploration geologist on gold and base-metal projects in Canada and overseas and 17 years in technical and management roles with the BC Ministry of Energy Mines and Petroleum Resources

wwwskeenaresourcescom 16

Past SuccessesSpectrumrsquos Past Exploration Development Success Ratio

gt 243600 historical oz of Au from 11902 m of historical drilling

gt 205 oz Au discovered for every metre drilled

gt Assuming $250 per metre drilling cost = $1220 per oz Au discovery cost

Historic mines in NW British Columbia where Netolitzky was the driving forcebehind their development

gt Snip Gold Minersaquo 1 million oz Au produced at 25 gt

gt Eskay Creek Minersaquo 327 million oz Au produced at 49 gtrsaquo 158 million oz Ag produced at 2406 gt

wwwskeenaresourcescom 17

Past performance should not be construed to mean future drill results and exploration development success will be guaranteedThis estimate precedes NI 43-101 and is not to be relied upon This estimate is not current and a Qualified Person has not done sufficient work toclassify the historical estimate and Skeena is not treating the historical estimate as a current resource

Contact Information

wwwskeenaresourcescom 18

Tony PerriManager Investor Relations

tperriskeenaresourcescomTel +16046848725Dir +16045587681Fax +16045587695

Skeena Resources LimitedSuite 650 ndash 1021 West Hastings StreetVancouver British Columbia Canada

V6E 0C3

wwwskeenaresourcescomTSX Venture Exchange SKE

Appendix

Figures from 2015 Spectrum Drill Program

gt Table of Intersectionsgt Drill plangt Cross-sectionsgt Gold in soil maps

wwwskeenaresourcescom 19

Page13 113 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐010 270 -shy‐52 278 340 700 360 164including 500 700 200 221

9430 9600 170 41914500 14700 200 292 01119900 20040 140 159

S15-shy‐011 270 -shy‐45 2235 600 1200 600 7862000 2160 160 8564800 8400 3600 104 30 010

including 5000 5500 500 200and 6200 6400 200 328 011and 7100 7235 135 240 136 062

11000 11738 738 179 56 01313000 14200 1200 362 52 016

including 14000 14200 200 95 90 024

S15-shy‐012 270 -shy‐55 251 3500 7300 3800 12810200 10860 660 1059 31 019

including 10550 10690 140 37814000 14600 600 207 15019760 21600 1840 640 88

including 19760 20150 390 2527 595 033including 19960 20150 190 498 1180 063

21200 21600 400 286 8823400 23800 400 708 175 012

S15-shy‐013 270 -shy‐45 200 300 13000 12700 126 52 015including 2000 3300 1300 338 77 024

and 2720 2940 220 96 115 036and 3100 3300 200 450 138 031and 4800 5000 200 222and 7800 8000 200 227 59 016and 10800 11000 200 290 011and 12000 13000 1000 230 53 014

S15-shy‐014 270 -shy‐58 2175 300 700 400 3181900 2100 200 243

Page13 213 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 3000 3500 500 225 0225100 5500 400 160 0247700 9395 1695 495 205 070

including 8300 9000 700 795 355 09315300 15500 200 213 6317100 17275 175 11720800 21000 200 281 72 011

S15-shy‐015 270 -shy‐50 259 2800 3000 200 2943800 4000 200 28816385 19000 2615 821

Including 16385 17300 915 473And 16385 16600 215 883And 16750 16900 150 613And 17100 17300 200 587And 18050 18400 350 442 75

Including 18200 18400 200 745 85

S15-shy‐016 270 -shy‐48 179 3400 9500 6100 162 014Including 3400 3600 200 238

And 4800 5200 400 563 96 022Including 4800 5000 200 918 110 022

And 6500 7100 600 199 012And 8700 8900 200 247 011And 9300 9500 200 214 55 014

S15-shy‐017 270 -shy‐55 193 10315 10400 085 979 430012800 13600 800 1046 83

including 12800 13030 230 3333 267 01315740 16100 360 116818000 18275 275 279 54 010

S15-shy‐018 270 -shy‐45 302 13900 14130 230 11118300 18500 200 613 01022100 22700 600 544 234

Including 22500 22700 200 132 63825100 25300 200 237

Page13 313 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐019 270 -shy‐50 215 1900 3100 1200 155including 1900 2100 200 243

And 2700 3100 400 3069600 11700 2100 090 01015900 17250 1350 278

Including 16300 16500 200 697

S15-shy‐020 270 -shy‐45 258 23600 23800 200 251

S15-shy‐021 270 -shy‐50 605 Hole13 abandonded13 in13 fault13 Poor13 recovery13 No13 significant13 values

S15-shy‐022 270 -shy‐50 254 15000 15200 200 78616800 17000 200 13517410 18900 1490 897

Including 17410 17700 290 3851 54Including 17410 17562 152 347

And 17562 17700 138 427 81

S15-shy‐023 270 -shy‐45 225 6000 8590 2590 077 011Including 8000 8200 200 458 012

16500 16700 200 243 01019300 19660 360 561 103

Including 19300 19460 160 917 13520800 21000 200 211 85

S15-shy‐024 270 -shy‐60 244 3200 3400 200 2937600 8000 400 35913625 13716 091 641 24017020 17220 200 314 5118300 19264 964 681 207 009

Including 18700 18870 170 141 204 014

S15-shy‐025 270 -shy‐45 181 1100 1300 200 3144100 4900 800 414

Including 4100 4215 115 172 98 01511100 13400 2300 143

Page13 413 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 Including 11100 11300 200 276

And 12800 13000 200 531

S15-shy‐026 270 -shy‐45 260 800 1000 200 477 12212250 12450 200 22414870 15270 400 31218250 19050 800 567 015

Including 18250 18450 200 89 80 027And 18850 19050 200 101 014

S15-shy‐027 266 -shy‐48 266 19400 19600 200 251

S15-shy‐028 270 -shy‐50 254 500 4900 4400 112Including 1100 1300 200 254

And 3500 3650 150 12216600 16700 100 87919800 20400 600 555 54

S15-shy‐029 266 -shy‐45 219 14740 14900 160 411 01120500 20700 200 735 5910

S15-shy‐030 270 -shy‐45 265 21450 21550 100 587 252024700 24900 200 213

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022Including 2900 3100 200 256 013

And 9300 9700 400 271 58 021And 10900 11100 200 283 013And 13500 13600 100 829 67 011And 19300 19500 200 473 145 032And 21700 21835 135 582 228 435

S15-shy‐032 270 -shy‐45 2943

S15-shy‐033 270 -shy‐45 117

S15-shy‐034 270 -shy‐57 196

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 513 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐035 265 -shy‐45 2425 2900 3100 200 25515900 16100 200 27816750 16900 150 670 713 08423020 23130 110 648 741

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008Including 14215 14675 460 180 75

S15-shy‐037 265 -shy‐45 220 3700 4100 400 315 5416900 17100 200 224 011

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010Including 1000 1200 200 334

And 11400 12400 1000 184 82 018

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017Including 1700 6100 4400 140 68 017Including 3100 3300 200 626 014

S15-shy‐040 265 -shy‐45 299 16900 18300 1400 190Including 16900 17000 100 704 77

And 17400 17510 110 582 10820570 20780 210 446 126 02323280 23930 650 13623280 23350 070 530 259 041

S15-shy‐041 265 -shy‐50 214 8500 8700 200 586 7814570 15500 930 395

Including 14570 14700 130 186And 15300 15500 200 427

19050 19200 150 995 53321300 21400 100 592 61

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005Including 2500 4200 1700 179Including 2500 2700 200 683 53

Page13 613 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 11330 11500 170 96716500 17600 1100 310

Including 16710 16930 220 55619200 19800 600 544 11119600 19800 200 102 29020700 20850 150 456

S15-shy‐043 265 -shy‐45 362 19700 20100 400 2424Including 19900 20100 200 448

21060 22200 1140 1673Including 21600 21800 200 818 56

23000 23400 400 2659Including 23000 23200 200 465

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 40 014Including 5700 5900 200 662 68 027

And 14100 14300 200 327 54 01320200 24973 4773 049 30 013

S15-shy‐045 265 -shy‐45 275 18500 18700 200 21321700 21900 200 235

S15-shy‐046 265 -shy‐45 266 4000 4400 400 30615900 16100 200 41919200 19600 400 1697 100

Including 19400 19600 200 298 150 015

S15-shy‐047 265 -shy‐45 320 12200 12400 200 23325495 25635 140 154 210 011

S15-shy‐048 265 -shy‐55 1498

S15-shy‐049 265 -shy‐45 269 12500 12700 200 23118500 19300 800 536

Including 18700 18900 200 12021100 22500 1400 782 011

Including 21500 21700 200 350 79 022

Abandoned13 Before13 Zone13 -shy‐13 No13 Significant13 Values

Page13 713 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 23500 23700 200 75624300 24500 200 590

S15-shy‐050 265 -shy‐50 338 28800 29000 200 983

S15-shy‐051 265 -shy‐50 385 2800 3000 200 2229030 9250 220 20721950 22150 200 286 117 01323750 23950 200 222

S15-shy‐052 265 -shy‐46 365 22575 22800 225 22029650 29800 150 451

S15-shy‐053 256 -shy‐46 341

S15-shy‐054 252 -shy‐45 256

S15-shy‐055 265 -shy‐45 3813 20000 20600 600 309Including 20460 20600 140 827

28650 28750 100 2310

S15-shy‐056 265 -shy‐50 365 25600 25800 200 22531300 31500 200 47635900 36000 100 267

S15-shy‐057 265 -shy‐46 395 21700 21900 200 236 37130200 30400 200 25132800 33000 200 832 127 038

S15-shy‐058 265 -shy‐45 212

S15-shy‐059 265 -shy‐65 21430

S15-shy‐060 265 -shy‐45 422 20700 21300 600 327Including 21100 21300 200 589

25200 27000 1800 613 008Including 25800 25900 100 110 010

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 813 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 And 26400 26500 100 300 52 006And 26830 27000 170 306 019

30400 30600 200 210

S15-shy‐061 265 -shy‐45 317 18000 18200 200 33518800 19000 200 23422400 30000 7600 113 24 006

including 22400 22600 200 208And 24600 24800 200 247And 26400 28200 1800 269

Including 26400 26600 200 578 63And 28000 28200 200 1190

29800 30000 200 206 84

S15-shy‐062 263 -shy‐45 740

S15-shy‐063 265 -shy‐45 4472 21930 22130 200 485 642 05323600 23800 200 27328400 28600 200 40539800 41800 2000 187

Including 39600 40400 800 404Including 40200 40400 200 875

41800 42000 200 289

S15-shy‐064 265 -shy‐45 473 19100 19300 200 325 106033600 33800 200 575

S15-shy‐06513 (Boundary)

265 -shy‐45 265 2800 3000 200 332

12686 12800 114 1050

S15-shy‐06613 13 13 13 (30013 Colour)

70 -shy‐50 182 3200 3400 200 464

S15-shy‐067 270 -shy‐50 404

No13 Significant13 Values

No13 Significant13 Values

Page13 913 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐06813 13 13 13

(30013 Colour)50 -shy‐50 242 5000 10200 5200 115

Including 5200 6800 1600 18713200 13400 200 231

S15-shy‐069 270 -shy‐45 470 5600 5810 210 293 1016400 6600 200 26629865 30005 140 594 7942000 42200 200 253 01042580 42680 100 1020 1170 024

S15-shy‐070 270 -shy‐46 449 33600 33800 200 46039340 39600 260 1018 660 02141110 41200 090 804 011

NotesAll13 values13 are13 un-shy‐cutTrue13 width13 is13 estimated13 to13 be13 5513 to13 7013 of13 down13 hole13 intervalAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

Porphyry13 Au-shy‐Ag-shy‐Cu13 Intervals13 for13 201513 Spectrum13 holes

DDH13 Azimuth DipTotal13

Depth13 (m)From13 (m) To13 (m)

Interval13 (m)

Au13 gt13 (uncut) Ag13 gt Cu13

S15-shy‐011 270 -shy‐45 2235 300 20600 20300 097 33 012

S15-shy‐012 270 -shy‐55 251 250 23800 23550 141 42 007

S15-shy‐013 270 -shy‐45 200 300 19800 19500 075 39 015

S15-shy‐014 270 -shy‐58 2175 300 21200 20900 122 48 017

S15-shy‐016 270 -shy‐48 179 1130 17600 16470 090 41 014

S15-shy‐023 270 -shy‐45 225 430 21000 20570 047 28 009

S15-shy‐024 270 -shy‐60 244 300 19264 18964 088 26 006

S15-shy‐025 270 -shy‐45 181 1100 16600 15500 074 16 005

S15-shy‐026 270 -shy‐45 260 12050 22095 10045 092 22 006

S15-shy‐028 270 -shy‐50 254 500 22900 22400 061 29 007

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 402 014And 20200 24973 4773 049 302 013

All13 values13 are13 un-shy‐cutAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

sup3

sup3

sup3sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

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sup3

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sup3sup3

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sup3

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sup3sup3

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sup3

sup3

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sup3 sup3

sup3 sup3

sup3

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sup3

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sup3

sup3 sup3

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sup3

sup3

sup3

sup3

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sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3

$1

$1

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$1$1

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$1$1

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1600 m

S15-037

S15-035S15-029

S15-027

S15-026

S15-025

S15-032S15-030

S15-039S15-022S15-024

S15-040

S15-036S15-034 S15-060

S15-031

S15-028S15-041

S15-043

S15-049

S-4S-3

S-2

S15-038

4850N

4890N

5035N

5010N

5195N

S15-047

S15-044 S15-046

S15-050

S15-042

S15-048

S15-045

S15-052

S15-051

4975N

5150N

5235N

5095N

4810N

4750N

4700N

4930N

5285N

S91-82

14-SP-009

S91-83

S91-73

S91-66

S89-34

S91-71

S80-21

S91-70

S91-85

S91-78

S91-86

S90-46

S91-74

S80-13

14-SP-001

14-SP-004

S80-14

S91-81

14-SP-007

S91-68

S91-79

S91-63

S91-84

S90-51

S89-35

14-SP-006S90-59

S80-11

S90-52

S90-49

S90-54

S92-90

S80-12

S90-55

S91-80

S89-37

S79-08

S80-22

S90-56

S90-44

S79-06

S91-64

S90-50

S90-45

S90-58

S90-60

S90-43

S91-75

S92-92

S92-91

S89-36

S80-17

S90-61

S-1

S89-41

14-SP-005

S80-20

S90-47

14-SP-002

14-SP-008

S79-03

S80-26

S80-24

S80-18

S89-33

S80-28

S80-15

S79-02

S79-10

S90-62S91-67

S79-01

S90-57

S79-05

S80-27

S80-25

S79-07

S80-19

S79-04

S79-09

S90-48

S91-65

S91-69

S91-72S91-76

S91-77

14-SP-003

S80-16

S90-53

S89-39

S15-015

S15-010

S15-012

S15-017

S15-016

S15-011

S15-013S15-014

S15-018

S15-019

S15-020

S15-023

S15-056

S15-053

S15-054

S15-058

S15-064

S15-055

S15-057

S15-059

S15-033

S15-061

S15-063

S15-064

S15-062

S15-065S15-066

S15-068

S15-067S15-070

S15-069S15-021

Mt Edziza FlowsMt Edziza Flows

Stuhini VolcanicsStuhini Volcanics

Stuhini VolcanicsStuhini Volcanics

1500 m

1700 m

410800

410800

411000

411000

411200

411200

411400

411400

411600

411600

411800

411800

6394

600

6394

600

6394

800

6394

800

6395

000

6395

000

6395

200

6395

200

0 50 100 15025

Meters

sup3

500 Colour Zone

Central Zone(Porphyry and QC Structures)

O P E N

O P E N

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Exploration Trail

Cross Section Line

Monzonite

sup3$1 2015 Drill Hole (Complete)

sup3 2015 Drill Hole (In Progress)$1

sup3 2014 Drill Hole

sup3 Historic Drill Hole

$1

$1

Road Zone

Spectrum GoldDiamond Drill Hole Plan Map

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 0020

Date - 2012610 5Drawn By - CSG

TSX-V SKE

O P E N

Boundary Zone

O P E N

O P E N

O P E NO P E N

O P E N

300 Colour Zone

O P E N

O P E N

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410800 E

410850 E

410850 E

410900 E

410900 E

410950 E

410950 E

6395200 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m 1600 m

1650 m 1650 m

1700 m 1700 m

2m 464 gt Au

100 m

S15-066

S15-066

TSXV SKE

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410820 E

410840 E

410860 E

410880 E

410880 E

410900 E

410900 E

410920 E

410920 E

410940 E

410940 E

410960 E

410960 E

410980 E

410980 E

6395080 N

6395100 N

6395120 N

6395140 N

6395140 N

6395160 N

6395160 N

6395180 N

6395180 N

6395200 N

6395200 N

6395220 N

6395220 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m

1650 m 1650 m

1700 m 1700 m

559

294552

m 115 gt Au

2m 231 gt Au

100 m

S15-068

S15-068

S89-37

S89-3

7

S90-43

S90-43

100 m

S90-44

S90-44

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4610N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Monzonite (Lower)

100 m

200 m

S15-058

S15-058

(NSV)

100 m

200 m

S15-059

S15-059(NSV)

S90-49

100 m

S90-49

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4645N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-054

S15-054

(NSV)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4700N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

100 m

300 m

S15-043

S15-043

100 m

200 m

300 m

S90-50

100 m

S90-50

300 m

200 m

100 m

S15-061

S15-061

S15-063

S15-063

101m 072 gt Au

137m 112 gt Au

4m 2424 gt AuIncluding2m 448 gt Au

114m 1673 gt AuIncluding2m 818 gt Au

4m 2659 gt AuIncluding2m 465 gt Au2m 668 gt Au

2m

335 gt Au

2m 234 gt Au

2m 208 gt Au

2m 247 gt Au

18m 269 gt Au

2m 206 gt Au

2m 485 gt Au

2m 273 gt Au

2m 405 gt A

uIncluding2m 578 gt Au

2m 119 gt Au

2m 289 gt A

u

8m 404 gt AuIncluding

2m 875 gt Au

4480

8180

4650668

578

1190

875

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-009

14-SP-009

100 m

200 m

S15-010

S15-010

100 m

200 m

S15-013

S15-013

100 m

200 m

S15-014

S15-014

100 m

200 m

300 m

400 m

S15-045

S15-045

300 m

100 m

S79-02

S79-02

100 m

S80-18

S80-18

100 m

S89-34

S89-34

100 m

200 m

S15-055

S15-055

100 m

200 m

300 m

400 m

S15-064

S15-064

17m

419 gt Au

2m 292 gt Au

198m 134 gt Au

212m 224 gt Au

17m 1783 gt Au

141m 028 gt Au

31m

02 gt Au

127m 126 gt AuIncluding13m 338 gt Au2m 222 gt Au2m 227 gt Au2m 290 gt Au10m 23 gt Au

1695m 495 gt AuIncluding7m of 795 gt Au

33m 184 gt AuIncluding15m 475 gt Au

36m 164 gt AuIncluding2m 221 gt Au

2m 168 gt Au

2m 107 gt Au

4m 1367 gt Au

2m 179 gt Au

2m 10 gt Au

1m 111 gt Au

2m 2545 gt Au

6m 312 gt Au

2m 213 gt Au

175m 117 gt Au

2m 281 gt Au

14m 159 gt Au

19m 544 gt Au

415m 214 gt Au

4m 318 gt Au

2m 243 gt Au

5m 225 gt Au

4m 16 gt Au

2m 213 gt Au

2m 235 gt Au

14m 827 gt Au

6m 309 gt AuIncluding

1m 231 gt Au

2m 325 gt Au

2m 575 gt A

u

5252210

10001110

25450

9282210

1590

960

12101240

2130

1170

827

2310

575

1460

607

2256

614

1783

934

(Looking North)

Spectrum Gold Project - Section 4750N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

536

843

979

856

212

265328

240

205334

383

233

354203

950

271

247

345211

439

2983780

223

204

4980

287285

641774

238

918

207

296224

247214

223

398

799

353

219

226288

254

219

562

247

233

785

298

291

1196675

273

683

967

556

6021020

231

495

1200

390

220

3500

684447

356

756

590

324

220

451

832

645

1390

804

6m 786 gt Au

16m 856 gt Au

738m 179 gt Au

38m 128 gt Au

6m 207 gt Au

4m 286 gt Au

4m 708 gt Au

40m 131 gt Au

425m 136 gt Au

799m 156 gt Au

1247m 084 gt Au

61m 162 gt AuIncluding2m 238 gt Au4m 562 gt Au6m 199 gt Au2m 247 gt Au2m 214 gt Au

36m 104 gt AuIncluding5m 2 gt Au2m 228 gt Au135m 24 gt Au

12m 362 gt AuIncluding2m 95 gt Au

184m 64 gt AuIncluding39m 2527 gt AuAlso Including19m 50 gt Au

17m 18 gt AuIncluding20m 683 gt Au30m 245 gt Au

17m 967 gt Au

11m 31 gt AuIncluding22m 556 gt Au

6m 544 gt AuIncluding2m 102 gt Au

15m 456 gt Au

66m 1059 gt AuIncluding14m 378 gt Au

2m

231 gt Au

8m 536 gt AuIncluding2m 12 gt Au

14m 782 gt AuIncluding2m 35 gt Au

2m

756 gt Au

2m

59 gt A

u

225m

22 gt Au

15m

451 gt Au

2m 236 gt Au

2m 251 gt Au

2m 832 gt Au

2m 46 gt Au

26m 1018 gt Au

09m 804 gt Au

200 m

S15-011

S15-011

S15-012

S15-012

100 m

S15-016

S15-016

100 m

200 m

300 m

S15-042

S15-042

100 m

S15-048

S15-048(NSV)

100 m

200 m

S15-049

S15-049

100 m

200 m

300 m

S15-052

S15-052

100 m

200 m

300 m

S15-057

S15-057

100 m

S79-01

S79-01

S79-03

S80-19

S80-19

100 m

S92-92

S92-92

S15-070

100 m

200 m

300 m

400 m

S15-07

0

(Looking North)

Spectrum Gold Project - Section 4810N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

294

288

883613587

228

379

7450

504

254

1220

879

222

207

286

222

229

706

315

312

291

607

363

315

459

2670

594

2m 294 gt Au

2m 288 gt Au

2615m 821 gt AuIncluding915m 473 gt AuAlso Including215m 88 gt Au15m 61 gt Au2m 59 gt Au35m 442 gt AuAlso Including2m 745 gt Au

44m 112 gt AuIncluding2m 254 gt Au15m 122 gt Au

1m 879 gt Au

137m 064 gt Au

14m 262 gt Au

6m 204 gt Au

87m 286 gt Au

8m 218 gt Au

55m 344 gt Au

6m 555 gt Au

20m

222 gt Au

22m 207 gt Au

2m 286 gt A

u2m 222 gt A

u

2m 225 gt Au

2m 476 gt Au

1m 267 gt Au

11m 282 gt A

u

21m 293 gt Au

2m 266 gt Au

14m 594 gt Au

200 m

S15-015

S15-015

S15-021

S15-021

100 m

S15-028

100 m

200 m

300 m

S15-051

S15-051

100 m

200 m

300 m

S15-056

S15-056

S15-062

(NSV)

300 m

400 m

500 m

S15-062(Cont on 4890N)

S80-23

100 m

S80-23100 m

S80-26

S80-2

6100 m

S80-27

S80-27

S90-48

S90-48

S15-028

100 m

200 m

300 m

400 m

S15-067

S15-067

S15-069

100 m

200 m

400 m

S15-069

(Cont on 4890N)

(Looking North)

Spectrum Gold Project - Section 4850N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

41

11

00

E4

11

10

0 E

41

11

50

E4

11

15

0 E

41

12

00

E4

11

20

0 E

41

12

50

E4

11

25

0 E

41

13

00

E4

11

30

0 E

41

13

50

E4

11

35

0 E

41

14

00

E

41

14

50

E

41

15

00

E4

11

50

0 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

243

316

295

266697256

272359

879

925690

256

274

268

283

829

207

473

582

586

1860427

995

592

983

8090

288

240

405

1587

442

405

261

208

1020

12m 154 gt AuIncluding2m 243 gt Au4m 306 gt Au

21m

09 gt Au

135m 278 gt AuIncluding2m 697 gt Au

1m 879 gt Au

6m 555 gt Au

2m 256 gt Au

4m 271 gt Au

2m 283 gt Au

1m 829 gt Au

2m 473 gt Au

135m 582 gt Au

2m 586 gt Au

93m 395 gt AuIncluding13m 186 gt Au2m 427 gt Au

15m 995 gt Au1m 592 gt Au

23m 809 gt Au

9m 173 gt Au

122m 157 gt Au

85m 123 gt Au

47m 279 gt Au

19m 39 gt Au

144m 117 gt Au

2m 983 gt A

u

2m 253 gt A

u

1m 102 gt A

u

100 m

200 m

S15-019

S15-019

S15-028

S15-028

100 m

200 m

S15-031

S15-031

100 m

200 m

S15-041

S15-041

100 m

200 m

300 m

S15-050

S15-050

100 m

200 m

300 m

S15-053

S15-053

S15-062

(Cont from

4850N)

600 m

S15-062(NSV)

S79-04S79-05

S79-05

S79-06

S79-06

S79-07

S79-08

S79-08

S80-23

S80-23

S80-28

S80-28

100 m

S89-35

S89-35

100 m

S92-91

S92-91

S1

5-0

69

(Co

nt fro

m 4

85

0N)

400

m

S1

5-0

69

(Looking North)

Spectrum Gold Project - Section 4890N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

500 Colour Zone

Central Zone(Porphyry and QC structures)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 14:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

Management and Share StructureDirectors amp Management

Ron Netolitzky MSc Chairman Director

Walt Coles Jr President amp CEO Director

Rupert Allan PGeol Vice President of Exploration Director

Michael Cathro MSc PGeo Vice President of Operations

Peter Tredger MBA PEng Director

Karen Allan CMA CFOCorporate Secretary

Share Structure (as at Nov 9 2015)

Shares Outstanding 325401172

Options ($010 strike price)

Warrants ($010 strike price)

Fully Diluted

Working Capital

14700000

40397000

380498172

$4 million

Includes 76663517 common shares in escrow

wwwskeenaresourcescom 15

The ExpertiseSkeenarsquos Board and Management has considerable exploration and development experience in northwestern British Columbia

Ron Netolitzky was one of the primary developers behind the Snip Mine that Cominco placed into production and Eskay Creek which was developed by Homestake and Barrick For these achievements amongst numerous other international accomplishments Mr Netolitzky received the Prospector of the Year award from the PDAC and Developer of the Year award from the BC amp Yukon Chamber of Mines Ron was also inducted into the Canadian Mining Hall of Fame in 2015

Peter Tredger was one of the developers of the Golden Bear mine as well as being intimately involved with the merger of Blue Pearl Resources and the expansion of the Thompson Creek Metals portfolio

Rupert Allan P Geol is a consulting geologist with 45 yearsrsquo experience in base and precious metals exploration throughout Canada and internationally He has worked extensively in northwest British Columbia and was instrumental in the permitting and development of the Brewery Creek heap leach gold mine in the Yukon

Michael Cathro P Geo is a registered professional geoscientist in British Columbia and holds a BSc from Queens University and a MSc from the Colorado School of Mines Mr Cathros 35-year career has included work as an exploration geologist on gold and base-metal projects in Canada and overseas and 17 years in technical and management roles with the BC Ministry of Energy Mines and Petroleum Resources

wwwskeenaresourcescom 16

Past SuccessesSpectrumrsquos Past Exploration Development Success Ratio

gt 243600 historical oz of Au from 11902 m of historical drilling

gt 205 oz Au discovered for every metre drilled

gt Assuming $250 per metre drilling cost = $1220 per oz Au discovery cost

Historic mines in NW British Columbia where Netolitzky was the driving forcebehind their development

gt Snip Gold Minersaquo 1 million oz Au produced at 25 gt

gt Eskay Creek Minersaquo 327 million oz Au produced at 49 gtrsaquo 158 million oz Ag produced at 2406 gt

wwwskeenaresourcescom 17

Past performance should not be construed to mean future drill results and exploration development success will be guaranteedThis estimate precedes NI 43-101 and is not to be relied upon This estimate is not current and a Qualified Person has not done sufficient work toclassify the historical estimate and Skeena is not treating the historical estimate as a current resource

Contact Information

wwwskeenaresourcescom 18

Tony PerriManager Investor Relations

tperriskeenaresourcescomTel +16046848725Dir +16045587681Fax +16045587695

Skeena Resources LimitedSuite 650 ndash 1021 West Hastings StreetVancouver British Columbia Canada

V6E 0C3

wwwskeenaresourcescomTSX Venture Exchange SKE

Appendix

Figures from 2015 Spectrum Drill Program

gt Table of Intersectionsgt Drill plangt Cross-sectionsgt Gold in soil maps

wwwskeenaresourcescom 19

Page13 113 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐010 270 -shy‐52 278 340 700 360 164including 500 700 200 221

9430 9600 170 41914500 14700 200 292 01119900 20040 140 159

S15-shy‐011 270 -shy‐45 2235 600 1200 600 7862000 2160 160 8564800 8400 3600 104 30 010

including 5000 5500 500 200and 6200 6400 200 328 011and 7100 7235 135 240 136 062

11000 11738 738 179 56 01313000 14200 1200 362 52 016

including 14000 14200 200 95 90 024

S15-shy‐012 270 -shy‐55 251 3500 7300 3800 12810200 10860 660 1059 31 019

including 10550 10690 140 37814000 14600 600 207 15019760 21600 1840 640 88

including 19760 20150 390 2527 595 033including 19960 20150 190 498 1180 063

21200 21600 400 286 8823400 23800 400 708 175 012

S15-shy‐013 270 -shy‐45 200 300 13000 12700 126 52 015including 2000 3300 1300 338 77 024

and 2720 2940 220 96 115 036and 3100 3300 200 450 138 031and 4800 5000 200 222and 7800 8000 200 227 59 016and 10800 11000 200 290 011and 12000 13000 1000 230 53 014

S15-shy‐014 270 -shy‐58 2175 300 700 400 3181900 2100 200 243

Page13 213 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 3000 3500 500 225 0225100 5500 400 160 0247700 9395 1695 495 205 070

including 8300 9000 700 795 355 09315300 15500 200 213 6317100 17275 175 11720800 21000 200 281 72 011

S15-shy‐015 270 -shy‐50 259 2800 3000 200 2943800 4000 200 28816385 19000 2615 821

Including 16385 17300 915 473And 16385 16600 215 883And 16750 16900 150 613And 17100 17300 200 587And 18050 18400 350 442 75

Including 18200 18400 200 745 85

S15-shy‐016 270 -shy‐48 179 3400 9500 6100 162 014Including 3400 3600 200 238

And 4800 5200 400 563 96 022Including 4800 5000 200 918 110 022

And 6500 7100 600 199 012And 8700 8900 200 247 011And 9300 9500 200 214 55 014

S15-shy‐017 270 -shy‐55 193 10315 10400 085 979 430012800 13600 800 1046 83

including 12800 13030 230 3333 267 01315740 16100 360 116818000 18275 275 279 54 010

S15-shy‐018 270 -shy‐45 302 13900 14130 230 11118300 18500 200 613 01022100 22700 600 544 234

Including 22500 22700 200 132 63825100 25300 200 237

Page13 313 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐019 270 -shy‐50 215 1900 3100 1200 155including 1900 2100 200 243

And 2700 3100 400 3069600 11700 2100 090 01015900 17250 1350 278

Including 16300 16500 200 697

S15-shy‐020 270 -shy‐45 258 23600 23800 200 251

S15-shy‐021 270 -shy‐50 605 Hole13 abandonded13 in13 fault13 Poor13 recovery13 No13 significant13 values

S15-shy‐022 270 -shy‐50 254 15000 15200 200 78616800 17000 200 13517410 18900 1490 897

Including 17410 17700 290 3851 54Including 17410 17562 152 347

And 17562 17700 138 427 81

S15-shy‐023 270 -shy‐45 225 6000 8590 2590 077 011Including 8000 8200 200 458 012

16500 16700 200 243 01019300 19660 360 561 103

Including 19300 19460 160 917 13520800 21000 200 211 85

S15-shy‐024 270 -shy‐60 244 3200 3400 200 2937600 8000 400 35913625 13716 091 641 24017020 17220 200 314 5118300 19264 964 681 207 009

Including 18700 18870 170 141 204 014

S15-shy‐025 270 -shy‐45 181 1100 1300 200 3144100 4900 800 414

Including 4100 4215 115 172 98 01511100 13400 2300 143

Page13 413 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 Including 11100 11300 200 276

And 12800 13000 200 531

S15-shy‐026 270 -shy‐45 260 800 1000 200 477 12212250 12450 200 22414870 15270 400 31218250 19050 800 567 015

Including 18250 18450 200 89 80 027And 18850 19050 200 101 014

S15-shy‐027 266 -shy‐48 266 19400 19600 200 251

S15-shy‐028 270 -shy‐50 254 500 4900 4400 112Including 1100 1300 200 254

And 3500 3650 150 12216600 16700 100 87919800 20400 600 555 54

S15-shy‐029 266 -shy‐45 219 14740 14900 160 411 01120500 20700 200 735 5910

S15-shy‐030 270 -shy‐45 265 21450 21550 100 587 252024700 24900 200 213

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022Including 2900 3100 200 256 013

And 9300 9700 400 271 58 021And 10900 11100 200 283 013And 13500 13600 100 829 67 011And 19300 19500 200 473 145 032And 21700 21835 135 582 228 435

S15-shy‐032 270 -shy‐45 2943

S15-shy‐033 270 -shy‐45 117

S15-shy‐034 270 -shy‐57 196

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 513 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐035 265 -shy‐45 2425 2900 3100 200 25515900 16100 200 27816750 16900 150 670 713 08423020 23130 110 648 741

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008Including 14215 14675 460 180 75

S15-shy‐037 265 -shy‐45 220 3700 4100 400 315 5416900 17100 200 224 011

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010Including 1000 1200 200 334

And 11400 12400 1000 184 82 018

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017Including 1700 6100 4400 140 68 017Including 3100 3300 200 626 014

S15-shy‐040 265 -shy‐45 299 16900 18300 1400 190Including 16900 17000 100 704 77

And 17400 17510 110 582 10820570 20780 210 446 126 02323280 23930 650 13623280 23350 070 530 259 041

S15-shy‐041 265 -shy‐50 214 8500 8700 200 586 7814570 15500 930 395

Including 14570 14700 130 186And 15300 15500 200 427

19050 19200 150 995 53321300 21400 100 592 61

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005Including 2500 4200 1700 179Including 2500 2700 200 683 53

Page13 613 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 11330 11500 170 96716500 17600 1100 310

Including 16710 16930 220 55619200 19800 600 544 11119600 19800 200 102 29020700 20850 150 456

S15-shy‐043 265 -shy‐45 362 19700 20100 400 2424Including 19900 20100 200 448

21060 22200 1140 1673Including 21600 21800 200 818 56

23000 23400 400 2659Including 23000 23200 200 465

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 40 014Including 5700 5900 200 662 68 027

And 14100 14300 200 327 54 01320200 24973 4773 049 30 013

S15-shy‐045 265 -shy‐45 275 18500 18700 200 21321700 21900 200 235

S15-shy‐046 265 -shy‐45 266 4000 4400 400 30615900 16100 200 41919200 19600 400 1697 100

Including 19400 19600 200 298 150 015

S15-shy‐047 265 -shy‐45 320 12200 12400 200 23325495 25635 140 154 210 011

S15-shy‐048 265 -shy‐55 1498

S15-shy‐049 265 -shy‐45 269 12500 12700 200 23118500 19300 800 536

Including 18700 18900 200 12021100 22500 1400 782 011

Including 21500 21700 200 350 79 022

Abandoned13 Before13 Zone13 -shy‐13 No13 Significant13 Values

Page13 713 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 23500 23700 200 75624300 24500 200 590

S15-shy‐050 265 -shy‐50 338 28800 29000 200 983

S15-shy‐051 265 -shy‐50 385 2800 3000 200 2229030 9250 220 20721950 22150 200 286 117 01323750 23950 200 222

S15-shy‐052 265 -shy‐46 365 22575 22800 225 22029650 29800 150 451

S15-shy‐053 256 -shy‐46 341

S15-shy‐054 252 -shy‐45 256

S15-shy‐055 265 -shy‐45 3813 20000 20600 600 309Including 20460 20600 140 827

28650 28750 100 2310

S15-shy‐056 265 -shy‐50 365 25600 25800 200 22531300 31500 200 47635900 36000 100 267

S15-shy‐057 265 -shy‐46 395 21700 21900 200 236 37130200 30400 200 25132800 33000 200 832 127 038

S15-shy‐058 265 -shy‐45 212

S15-shy‐059 265 -shy‐65 21430

S15-shy‐060 265 -shy‐45 422 20700 21300 600 327Including 21100 21300 200 589

25200 27000 1800 613 008Including 25800 25900 100 110 010

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 813 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 And 26400 26500 100 300 52 006And 26830 27000 170 306 019

30400 30600 200 210

S15-shy‐061 265 -shy‐45 317 18000 18200 200 33518800 19000 200 23422400 30000 7600 113 24 006

including 22400 22600 200 208And 24600 24800 200 247And 26400 28200 1800 269

Including 26400 26600 200 578 63And 28000 28200 200 1190

29800 30000 200 206 84

S15-shy‐062 263 -shy‐45 740

S15-shy‐063 265 -shy‐45 4472 21930 22130 200 485 642 05323600 23800 200 27328400 28600 200 40539800 41800 2000 187

Including 39600 40400 800 404Including 40200 40400 200 875

41800 42000 200 289

S15-shy‐064 265 -shy‐45 473 19100 19300 200 325 106033600 33800 200 575

S15-shy‐06513 (Boundary)

265 -shy‐45 265 2800 3000 200 332

12686 12800 114 1050

S15-shy‐06613 13 13 13 (30013 Colour)

70 -shy‐50 182 3200 3400 200 464

S15-shy‐067 270 -shy‐50 404

No13 Significant13 Values

No13 Significant13 Values

Page13 913 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐06813 13 13 13

(30013 Colour)50 -shy‐50 242 5000 10200 5200 115

Including 5200 6800 1600 18713200 13400 200 231

S15-shy‐069 270 -shy‐45 470 5600 5810 210 293 1016400 6600 200 26629865 30005 140 594 7942000 42200 200 253 01042580 42680 100 1020 1170 024

S15-shy‐070 270 -shy‐46 449 33600 33800 200 46039340 39600 260 1018 660 02141110 41200 090 804 011

NotesAll13 values13 are13 un-shy‐cutTrue13 width13 is13 estimated13 to13 be13 5513 to13 7013 of13 down13 hole13 intervalAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

Porphyry13 Au-shy‐Ag-shy‐Cu13 Intervals13 for13 201513 Spectrum13 holes

DDH13 Azimuth DipTotal13

Depth13 (m)From13 (m) To13 (m)

Interval13 (m)

Au13 gt13 (uncut) Ag13 gt Cu13

S15-shy‐011 270 -shy‐45 2235 300 20600 20300 097 33 012

S15-shy‐012 270 -shy‐55 251 250 23800 23550 141 42 007

S15-shy‐013 270 -shy‐45 200 300 19800 19500 075 39 015

S15-shy‐014 270 -shy‐58 2175 300 21200 20900 122 48 017

S15-shy‐016 270 -shy‐48 179 1130 17600 16470 090 41 014

S15-shy‐023 270 -shy‐45 225 430 21000 20570 047 28 009

S15-shy‐024 270 -shy‐60 244 300 19264 18964 088 26 006

S15-shy‐025 270 -shy‐45 181 1100 16600 15500 074 16 005

S15-shy‐026 270 -shy‐45 260 12050 22095 10045 092 22 006

S15-shy‐028 270 -shy‐50 254 500 22900 22400 061 29 007

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 402 014And 20200 24973 4773 049 302 013

All13 values13 are13 un-shy‐cutAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

sup3

sup3

sup3sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3 sup3

sup3 sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3 sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3

$1

$1

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$1$1

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1600 m

S15-037

S15-035S15-029

S15-027

S15-026

S15-025

S15-032S15-030

S15-039S15-022S15-024

S15-040

S15-036S15-034 S15-060

S15-031

S15-028S15-041

S15-043

S15-049

S-4S-3

S-2

S15-038

4850N

4890N

5035N

5010N

5195N

S15-047

S15-044 S15-046

S15-050

S15-042

S15-048

S15-045

S15-052

S15-051

4975N

5150N

5235N

5095N

4810N

4750N

4700N

4930N

5285N

S91-82

14-SP-009

S91-83

S91-73

S91-66

S89-34

S91-71

S80-21

S91-70

S91-85

S91-78

S91-86

S90-46

S91-74

S80-13

14-SP-001

14-SP-004

S80-14

S91-81

14-SP-007

S91-68

S91-79

S91-63

S91-84

S90-51

S89-35

14-SP-006S90-59

S80-11

S90-52

S90-49

S90-54

S92-90

S80-12

S90-55

S91-80

S89-37

S79-08

S80-22

S90-56

S90-44

S79-06

S91-64

S90-50

S90-45

S90-58

S90-60

S90-43

S91-75

S92-92

S92-91

S89-36

S80-17

S90-61

S-1

S89-41

14-SP-005

S80-20

S90-47

14-SP-002

14-SP-008

S79-03

S80-26

S80-24

S80-18

S89-33

S80-28

S80-15

S79-02

S79-10

S90-62S91-67

S79-01

S90-57

S79-05

S80-27

S80-25

S79-07

S80-19

S79-04

S79-09

S90-48

S91-65

S91-69

S91-72S91-76

S91-77

14-SP-003

S80-16

S90-53

S89-39

S15-015

S15-010

S15-012

S15-017

S15-016

S15-011

S15-013S15-014

S15-018

S15-019

S15-020

S15-023

S15-056

S15-053

S15-054

S15-058

S15-064

S15-055

S15-057

S15-059

S15-033

S15-061

S15-063

S15-064

S15-062

S15-065S15-066

S15-068

S15-067S15-070

S15-069S15-021

Mt Edziza FlowsMt Edziza Flows

Stuhini VolcanicsStuhini Volcanics

Stuhini VolcanicsStuhini Volcanics

1500 m

1700 m

410800

410800

411000

411000

411200

411200

411400

411400

411600

411600

411800

411800

6394

600

6394

600

6394

800

6394

800

6395

000

6395

000

6395

200

6395

200

0 50 100 15025

Meters

sup3

500 Colour Zone

Central Zone(Porphyry and QC Structures)

O P E N

O P E N

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Exploration Trail

Cross Section Line

Monzonite

sup3$1 2015 Drill Hole (Complete)

sup3 2015 Drill Hole (In Progress)$1

sup3 2014 Drill Hole

sup3 Historic Drill Hole

$1

$1

Road Zone

Spectrum GoldDiamond Drill Hole Plan Map

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 0020

Date - 2012610 5Drawn By - CSG

TSX-V SKE

O P E N

Boundary Zone

O P E N

O P E N

O P E NO P E N

O P E N

300 Colour Zone

O P E N

O P E N

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410800 E

410850 E

410850 E

410900 E

410900 E

410950 E

410950 E

6395200 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m 1600 m

1650 m 1650 m

1700 m 1700 m

2m 464 gt Au

100 m

S15-066

S15-066

TSXV SKE

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410820 E

410840 E

410860 E

410880 E

410880 E

410900 E

410900 E

410920 E

410920 E

410940 E

410940 E

410960 E

410960 E

410980 E

410980 E

6395080 N

6395100 N

6395120 N

6395140 N

6395140 N

6395160 N

6395160 N

6395180 N

6395180 N

6395200 N

6395200 N

6395220 N

6395220 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m

1650 m 1650 m

1700 m 1700 m

559

294552

m 115 gt Au

2m 231 gt Au

100 m

S15-068

S15-068

S89-37

S89-3

7

S90-43

S90-43

100 m

S90-44

S90-44

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4610N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Monzonite (Lower)

100 m

200 m

S15-058

S15-058

(NSV)

100 m

200 m

S15-059

S15-059(NSV)

S90-49

100 m

S90-49

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4645N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-054

S15-054

(NSV)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4700N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

100 m

300 m

S15-043

S15-043

100 m

200 m

300 m

S90-50

100 m

S90-50

300 m

200 m

100 m

S15-061

S15-061

S15-063

S15-063

101m 072 gt Au

137m 112 gt Au

4m 2424 gt AuIncluding2m 448 gt Au

114m 1673 gt AuIncluding2m 818 gt Au

4m 2659 gt AuIncluding2m 465 gt Au2m 668 gt Au

2m

335 gt Au

2m 234 gt Au

2m 208 gt Au

2m 247 gt Au

18m 269 gt Au

2m 206 gt Au

2m 485 gt Au

2m 273 gt Au

2m 405 gt A

uIncluding2m 578 gt Au

2m 119 gt Au

2m 289 gt A

u

8m 404 gt AuIncluding

2m 875 gt Au

4480

8180

4650668

578

1190

875

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-009

14-SP-009

100 m

200 m

S15-010

S15-010

100 m

200 m

S15-013

S15-013

100 m

200 m

S15-014

S15-014

100 m

200 m

300 m

400 m

S15-045

S15-045

300 m

100 m

S79-02

S79-02

100 m

S80-18

S80-18

100 m

S89-34

S89-34

100 m

200 m

S15-055

S15-055

100 m

200 m

300 m

400 m

S15-064

S15-064

17m

419 gt Au

2m 292 gt Au

198m 134 gt Au

212m 224 gt Au

17m 1783 gt Au

141m 028 gt Au

31m

02 gt Au

127m 126 gt AuIncluding13m 338 gt Au2m 222 gt Au2m 227 gt Au2m 290 gt Au10m 23 gt Au

1695m 495 gt AuIncluding7m of 795 gt Au

33m 184 gt AuIncluding15m 475 gt Au

36m 164 gt AuIncluding2m 221 gt Au

2m 168 gt Au

2m 107 gt Au

4m 1367 gt Au

2m 179 gt Au

2m 10 gt Au

1m 111 gt Au

2m 2545 gt Au

6m 312 gt Au

2m 213 gt Au

175m 117 gt Au

2m 281 gt Au

14m 159 gt Au

19m 544 gt Au

415m 214 gt Au

4m 318 gt Au

2m 243 gt Au

5m 225 gt Au

4m 16 gt Au

2m 213 gt Au

2m 235 gt Au

14m 827 gt Au

6m 309 gt AuIncluding

1m 231 gt Au

2m 325 gt Au

2m 575 gt A

u

5252210

10001110

25450

9282210

1590

960

12101240

2130

1170

827

2310

575

1460

607

2256

614

1783

934

(Looking North)

Spectrum Gold Project - Section 4750N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

536

843

979

856

212

265328

240

205334

383

233

354203

950

271

247

345211

439

2983780

223

204

4980

287285

641774

238

918

207

296224

247214

223

398

799

353

219

226288

254

219

562

247

233

785

298

291

1196675

273

683

967

556

6021020

231

495

1200

390

220

3500

684447

356

756

590

324

220

451

832

645

1390

804

6m 786 gt Au

16m 856 gt Au

738m 179 gt Au

38m 128 gt Au

6m 207 gt Au

4m 286 gt Au

4m 708 gt Au

40m 131 gt Au

425m 136 gt Au

799m 156 gt Au

1247m 084 gt Au

61m 162 gt AuIncluding2m 238 gt Au4m 562 gt Au6m 199 gt Au2m 247 gt Au2m 214 gt Au

36m 104 gt AuIncluding5m 2 gt Au2m 228 gt Au135m 24 gt Au

12m 362 gt AuIncluding2m 95 gt Au

184m 64 gt AuIncluding39m 2527 gt AuAlso Including19m 50 gt Au

17m 18 gt AuIncluding20m 683 gt Au30m 245 gt Au

17m 967 gt Au

11m 31 gt AuIncluding22m 556 gt Au

6m 544 gt AuIncluding2m 102 gt Au

15m 456 gt Au

66m 1059 gt AuIncluding14m 378 gt Au

2m

231 gt Au

8m 536 gt AuIncluding2m 12 gt Au

14m 782 gt AuIncluding2m 35 gt Au

2m

756 gt Au

2m

59 gt A

u

225m

22 gt Au

15m

451 gt Au

2m 236 gt Au

2m 251 gt Au

2m 832 gt Au

2m 46 gt Au

26m 1018 gt Au

09m 804 gt Au

200 m

S15-011

S15-011

S15-012

S15-012

100 m

S15-016

S15-016

100 m

200 m

300 m

S15-042

S15-042

100 m

S15-048

S15-048(NSV)

100 m

200 m

S15-049

S15-049

100 m

200 m

300 m

S15-052

S15-052

100 m

200 m

300 m

S15-057

S15-057

100 m

S79-01

S79-01

S79-03

S80-19

S80-19

100 m

S92-92

S92-92

S15-070

100 m

200 m

300 m

400 m

S15-07

0

(Looking North)

Spectrum Gold Project - Section 4810N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

294

288

883613587

228

379

7450

504

254

1220

879

222

207

286

222

229

706

315

312

291

607

363

315

459

2670

594

2m 294 gt Au

2m 288 gt Au

2615m 821 gt AuIncluding915m 473 gt AuAlso Including215m 88 gt Au15m 61 gt Au2m 59 gt Au35m 442 gt AuAlso Including2m 745 gt Au

44m 112 gt AuIncluding2m 254 gt Au15m 122 gt Au

1m 879 gt Au

137m 064 gt Au

14m 262 gt Au

6m 204 gt Au

87m 286 gt Au

8m 218 gt Au

55m 344 gt Au

6m 555 gt Au

20m

222 gt Au

22m 207 gt Au

2m 286 gt A

u2m 222 gt A

u

2m 225 gt Au

2m 476 gt Au

1m 267 gt Au

11m 282 gt A

u

21m 293 gt Au

2m 266 gt Au

14m 594 gt Au

200 m

S15-015

S15-015

S15-021

S15-021

100 m

S15-028

100 m

200 m

300 m

S15-051

S15-051

100 m

200 m

300 m

S15-056

S15-056

S15-062

(NSV)

300 m

400 m

500 m

S15-062(Cont on 4890N)

S80-23

100 m

S80-23100 m

S80-26

S80-2

6100 m

S80-27

S80-27

S90-48

S90-48

S15-028

100 m

200 m

300 m

400 m

S15-067

S15-067

S15-069

100 m

200 m

400 m

S15-069

(Cont on 4890N)

(Looking North)

Spectrum Gold Project - Section 4850N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

41

11

00

E4

11

10

0 E

41

11

50

E4

11

15

0 E

41

12

00

E4

11

20

0 E

41

12

50

E4

11

25

0 E

41

13

00

E4

11

30

0 E

41

13

50

E4

11

35

0 E

41

14

00

E

41

14

50

E

41

15

00

E4

11

50

0 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

243

316

295

266697256

272359

879

925690

256

274

268

283

829

207

473

582

586

1860427

995

592

983

8090

288

240

405

1587

442

405

261

208

1020

12m 154 gt AuIncluding2m 243 gt Au4m 306 gt Au

21m

09 gt Au

135m 278 gt AuIncluding2m 697 gt Au

1m 879 gt Au

6m 555 gt Au

2m 256 gt Au

4m 271 gt Au

2m 283 gt Au

1m 829 gt Au

2m 473 gt Au

135m 582 gt Au

2m 586 gt Au

93m 395 gt AuIncluding13m 186 gt Au2m 427 gt Au

15m 995 gt Au1m 592 gt Au

23m 809 gt Au

9m 173 gt Au

122m 157 gt Au

85m 123 gt Au

47m 279 gt Au

19m 39 gt Au

144m 117 gt Au

2m 983 gt A

u

2m 253 gt A

u

1m 102 gt A

u

100 m

200 m

S15-019

S15-019

S15-028

S15-028

100 m

200 m

S15-031

S15-031

100 m

200 m

S15-041

S15-041

100 m

200 m

300 m

S15-050

S15-050

100 m

200 m

300 m

S15-053

S15-053

S15-062

(Cont from

4850N)

600 m

S15-062(NSV)

S79-04S79-05

S79-05

S79-06

S79-06

S79-07

S79-08

S79-08

S80-23

S80-23

S80-28

S80-28

100 m

S89-35

S89-35

100 m

S92-91

S92-91

S1

5-0

69

(Co

nt fro

m 4

85

0N)

400

m

S1

5-0

69

(Looking North)

Spectrum Gold Project - Section 4890N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

500 Colour Zone

Central Zone(Porphyry and QC structures)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 15:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

The ExpertiseSkeenarsquos Board and Management has considerable exploration and development experience in northwestern British Columbia

Ron Netolitzky was one of the primary developers behind the Snip Mine that Cominco placed into production and Eskay Creek which was developed by Homestake and Barrick For these achievements amongst numerous other international accomplishments Mr Netolitzky received the Prospector of the Year award from the PDAC and Developer of the Year award from the BC amp Yukon Chamber of Mines Ron was also inducted into the Canadian Mining Hall of Fame in 2015

Peter Tredger was one of the developers of the Golden Bear mine as well as being intimately involved with the merger of Blue Pearl Resources and the expansion of the Thompson Creek Metals portfolio

Rupert Allan P Geol is a consulting geologist with 45 yearsrsquo experience in base and precious metals exploration throughout Canada and internationally He has worked extensively in northwest British Columbia and was instrumental in the permitting and development of the Brewery Creek heap leach gold mine in the Yukon

Michael Cathro P Geo is a registered professional geoscientist in British Columbia and holds a BSc from Queens University and a MSc from the Colorado School of Mines Mr Cathros 35-year career has included work as an exploration geologist on gold and base-metal projects in Canada and overseas and 17 years in technical and management roles with the BC Ministry of Energy Mines and Petroleum Resources

wwwskeenaresourcescom 16

Past SuccessesSpectrumrsquos Past Exploration Development Success Ratio

gt 243600 historical oz of Au from 11902 m of historical drilling

gt 205 oz Au discovered for every metre drilled

gt Assuming $250 per metre drilling cost = $1220 per oz Au discovery cost

Historic mines in NW British Columbia where Netolitzky was the driving forcebehind their development

gt Snip Gold Minersaquo 1 million oz Au produced at 25 gt

gt Eskay Creek Minersaquo 327 million oz Au produced at 49 gtrsaquo 158 million oz Ag produced at 2406 gt

wwwskeenaresourcescom 17

Past performance should not be construed to mean future drill results and exploration development success will be guaranteedThis estimate precedes NI 43-101 and is not to be relied upon This estimate is not current and a Qualified Person has not done sufficient work toclassify the historical estimate and Skeena is not treating the historical estimate as a current resource

Contact Information

wwwskeenaresourcescom 18

Tony PerriManager Investor Relations

tperriskeenaresourcescomTel +16046848725Dir +16045587681Fax +16045587695

Skeena Resources LimitedSuite 650 ndash 1021 West Hastings StreetVancouver British Columbia Canada

V6E 0C3

wwwskeenaresourcescomTSX Venture Exchange SKE

Appendix

Figures from 2015 Spectrum Drill Program

gt Table of Intersectionsgt Drill plangt Cross-sectionsgt Gold in soil maps

wwwskeenaresourcescom 19

Page13 113 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐010 270 -shy‐52 278 340 700 360 164including 500 700 200 221

9430 9600 170 41914500 14700 200 292 01119900 20040 140 159

S15-shy‐011 270 -shy‐45 2235 600 1200 600 7862000 2160 160 8564800 8400 3600 104 30 010

including 5000 5500 500 200and 6200 6400 200 328 011and 7100 7235 135 240 136 062

11000 11738 738 179 56 01313000 14200 1200 362 52 016

including 14000 14200 200 95 90 024

S15-shy‐012 270 -shy‐55 251 3500 7300 3800 12810200 10860 660 1059 31 019

including 10550 10690 140 37814000 14600 600 207 15019760 21600 1840 640 88

including 19760 20150 390 2527 595 033including 19960 20150 190 498 1180 063

21200 21600 400 286 8823400 23800 400 708 175 012

S15-shy‐013 270 -shy‐45 200 300 13000 12700 126 52 015including 2000 3300 1300 338 77 024

and 2720 2940 220 96 115 036and 3100 3300 200 450 138 031and 4800 5000 200 222and 7800 8000 200 227 59 016and 10800 11000 200 290 011and 12000 13000 1000 230 53 014

S15-shy‐014 270 -shy‐58 2175 300 700 400 3181900 2100 200 243

Page13 213 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 3000 3500 500 225 0225100 5500 400 160 0247700 9395 1695 495 205 070

including 8300 9000 700 795 355 09315300 15500 200 213 6317100 17275 175 11720800 21000 200 281 72 011

S15-shy‐015 270 -shy‐50 259 2800 3000 200 2943800 4000 200 28816385 19000 2615 821

Including 16385 17300 915 473And 16385 16600 215 883And 16750 16900 150 613And 17100 17300 200 587And 18050 18400 350 442 75

Including 18200 18400 200 745 85

S15-shy‐016 270 -shy‐48 179 3400 9500 6100 162 014Including 3400 3600 200 238

And 4800 5200 400 563 96 022Including 4800 5000 200 918 110 022

And 6500 7100 600 199 012And 8700 8900 200 247 011And 9300 9500 200 214 55 014

S15-shy‐017 270 -shy‐55 193 10315 10400 085 979 430012800 13600 800 1046 83

including 12800 13030 230 3333 267 01315740 16100 360 116818000 18275 275 279 54 010

S15-shy‐018 270 -shy‐45 302 13900 14130 230 11118300 18500 200 613 01022100 22700 600 544 234

Including 22500 22700 200 132 63825100 25300 200 237

Page13 313 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐019 270 -shy‐50 215 1900 3100 1200 155including 1900 2100 200 243

And 2700 3100 400 3069600 11700 2100 090 01015900 17250 1350 278

Including 16300 16500 200 697

S15-shy‐020 270 -shy‐45 258 23600 23800 200 251

S15-shy‐021 270 -shy‐50 605 Hole13 abandonded13 in13 fault13 Poor13 recovery13 No13 significant13 values

S15-shy‐022 270 -shy‐50 254 15000 15200 200 78616800 17000 200 13517410 18900 1490 897

Including 17410 17700 290 3851 54Including 17410 17562 152 347

And 17562 17700 138 427 81

S15-shy‐023 270 -shy‐45 225 6000 8590 2590 077 011Including 8000 8200 200 458 012

16500 16700 200 243 01019300 19660 360 561 103

Including 19300 19460 160 917 13520800 21000 200 211 85

S15-shy‐024 270 -shy‐60 244 3200 3400 200 2937600 8000 400 35913625 13716 091 641 24017020 17220 200 314 5118300 19264 964 681 207 009

Including 18700 18870 170 141 204 014

S15-shy‐025 270 -shy‐45 181 1100 1300 200 3144100 4900 800 414

Including 4100 4215 115 172 98 01511100 13400 2300 143

Page13 413 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 Including 11100 11300 200 276

And 12800 13000 200 531

S15-shy‐026 270 -shy‐45 260 800 1000 200 477 12212250 12450 200 22414870 15270 400 31218250 19050 800 567 015

Including 18250 18450 200 89 80 027And 18850 19050 200 101 014

S15-shy‐027 266 -shy‐48 266 19400 19600 200 251

S15-shy‐028 270 -shy‐50 254 500 4900 4400 112Including 1100 1300 200 254

And 3500 3650 150 12216600 16700 100 87919800 20400 600 555 54

S15-shy‐029 266 -shy‐45 219 14740 14900 160 411 01120500 20700 200 735 5910

S15-shy‐030 270 -shy‐45 265 21450 21550 100 587 252024700 24900 200 213

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022Including 2900 3100 200 256 013

And 9300 9700 400 271 58 021And 10900 11100 200 283 013And 13500 13600 100 829 67 011And 19300 19500 200 473 145 032And 21700 21835 135 582 228 435

S15-shy‐032 270 -shy‐45 2943

S15-shy‐033 270 -shy‐45 117

S15-shy‐034 270 -shy‐57 196

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 513 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐035 265 -shy‐45 2425 2900 3100 200 25515900 16100 200 27816750 16900 150 670 713 08423020 23130 110 648 741

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008Including 14215 14675 460 180 75

S15-shy‐037 265 -shy‐45 220 3700 4100 400 315 5416900 17100 200 224 011

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010Including 1000 1200 200 334

And 11400 12400 1000 184 82 018

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017Including 1700 6100 4400 140 68 017Including 3100 3300 200 626 014

S15-shy‐040 265 -shy‐45 299 16900 18300 1400 190Including 16900 17000 100 704 77

And 17400 17510 110 582 10820570 20780 210 446 126 02323280 23930 650 13623280 23350 070 530 259 041

S15-shy‐041 265 -shy‐50 214 8500 8700 200 586 7814570 15500 930 395

Including 14570 14700 130 186And 15300 15500 200 427

19050 19200 150 995 53321300 21400 100 592 61

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005Including 2500 4200 1700 179Including 2500 2700 200 683 53

Page13 613 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 11330 11500 170 96716500 17600 1100 310

Including 16710 16930 220 55619200 19800 600 544 11119600 19800 200 102 29020700 20850 150 456

S15-shy‐043 265 -shy‐45 362 19700 20100 400 2424Including 19900 20100 200 448

21060 22200 1140 1673Including 21600 21800 200 818 56

23000 23400 400 2659Including 23000 23200 200 465

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 40 014Including 5700 5900 200 662 68 027

And 14100 14300 200 327 54 01320200 24973 4773 049 30 013

S15-shy‐045 265 -shy‐45 275 18500 18700 200 21321700 21900 200 235

S15-shy‐046 265 -shy‐45 266 4000 4400 400 30615900 16100 200 41919200 19600 400 1697 100

Including 19400 19600 200 298 150 015

S15-shy‐047 265 -shy‐45 320 12200 12400 200 23325495 25635 140 154 210 011

S15-shy‐048 265 -shy‐55 1498

S15-shy‐049 265 -shy‐45 269 12500 12700 200 23118500 19300 800 536

Including 18700 18900 200 12021100 22500 1400 782 011

Including 21500 21700 200 350 79 022

Abandoned13 Before13 Zone13 -shy‐13 No13 Significant13 Values

Page13 713 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 23500 23700 200 75624300 24500 200 590

S15-shy‐050 265 -shy‐50 338 28800 29000 200 983

S15-shy‐051 265 -shy‐50 385 2800 3000 200 2229030 9250 220 20721950 22150 200 286 117 01323750 23950 200 222

S15-shy‐052 265 -shy‐46 365 22575 22800 225 22029650 29800 150 451

S15-shy‐053 256 -shy‐46 341

S15-shy‐054 252 -shy‐45 256

S15-shy‐055 265 -shy‐45 3813 20000 20600 600 309Including 20460 20600 140 827

28650 28750 100 2310

S15-shy‐056 265 -shy‐50 365 25600 25800 200 22531300 31500 200 47635900 36000 100 267

S15-shy‐057 265 -shy‐46 395 21700 21900 200 236 37130200 30400 200 25132800 33000 200 832 127 038

S15-shy‐058 265 -shy‐45 212

S15-shy‐059 265 -shy‐65 21430

S15-shy‐060 265 -shy‐45 422 20700 21300 600 327Including 21100 21300 200 589

25200 27000 1800 613 008Including 25800 25900 100 110 010

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 813 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 And 26400 26500 100 300 52 006And 26830 27000 170 306 019

30400 30600 200 210

S15-shy‐061 265 -shy‐45 317 18000 18200 200 33518800 19000 200 23422400 30000 7600 113 24 006

including 22400 22600 200 208And 24600 24800 200 247And 26400 28200 1800 269

Including 26400 26600 200 578 63And 28000 28200 200 1190

29800 30000 200 206 84

S15-shy‐062 263 -shy‐45 740

S15-shy‐063 265 -shy‐45 4472 21930 22130 200 485 642 05323600 23800 200 27328400 28600 200 40539800 41800 2000 187

Including 39600 40400 800 404Including 40200 40400 200 875

41800 42000 200 289

S15-shy‐064 265 -shy‐45 473 19100 19300 200 325 106033600 33800 200 575

S15-shy‐06513 (Boundary)

265 -shy‐45 265 2800 3000 200 332

12686 12800 114 1050

S15-shy‐06613 13 13 13 (30013 Colour)

70 -shy‐50 182 3200 3400 200 464

S15-shy‐067 270 -shy‐50 404

No13 Significant13 Values

No13 Significant13 Values

Page13 913 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐06813 13 13 13

(30013 Colour)50 -shy‐50 242 5000 10200 5200 115

Including 5200 6800 1600 18713200 13400 200 231

S15-shy‐069 270 -shy‐45 470 5600 5810 210 293 1016400 6600 200 26629865 30005 140 594 7942000 42200 200 253 01042580 42680 100 1020 1170 024

S15-shy‐070 270 -shy‐46 449 33600 33800 200 46039340 39600 260 1018 660 02141110 41200 090 804 011

NotesAll13 values13 are13 un-shy‐cutTrue13 width13 is13 estimated13 to13 be13 5513 to13 7013 of13 down13 hole13 intervalAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

Porphyry13 Au-shy‐Ag-shy‐Cu13 Intervals13 for13 201513 Spectrum13 holes

DDH13 Azimuth DipTotal13

Depth13 (m)From13 (m) To13 (m)

Interval13 (m)

Au13 gt13 (uncut) Ag13 gt Cu13

S15-shy‐011 270 -shy‐45 2235 300 20600 20300 097 33 012

S15-shy‐012 270 -shy‐55 251 250 23800 23550 141 42 007

S15-shy‐013 270 -shy‐45 200 300 19800 19500 075 39 015

S15-shy‐014 270 -shy‐58 2175 300 21200 20900 122 48 017

S15-shy‐016 270 -shy‐48 179 1130 17600 16470 090 41 014

S15-shy‐023 270 -shy‐45 225 430 21000 20570 047 28 009

S15-shy‐024 270 -shy‐60 244 300 19264 18964 088 26 006

S15-shy‐025 270 -shy‐45 181 1100 16600 15500 074 16 005

S15-shy‐026 270 -shy‐45 260 12050 22095 10045 092 22 006

S15-shy‐028 270 -shy‐50 254 500 22900 22400 061 29 007

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 402 014And 20200 24973 4773 049 302 013

All13 values13 are13 un-shy‐cutAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

sup3

sup3

sup3sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3 sup3

sup3 sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3 sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3

$1

$1

$1

$1

$1

$1

$1$1

$1

$1

$1

$1 $1

$1

$1

$1

$1

$1

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$1 $1

$1

$1

$1

$1

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$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1$1

$1

$1

$1

$1

$1$1

$1$1$1

$1$1

$1

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$1

$1

$1

$1

$1

$1$1

$1 $1

$1

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$1

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$1$1

$1

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$1

$1

$1

$1

$1

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$1

$1

$1$1

$1

$1

$1

$1

$1

$1

$1

$1

$1$1

$1

$1

$1

$1

$1

$1

$1

$1$1

$1$1

$1

$1$1

$1

$1

$1

$1

$1

$1$1

$1

$1

$1$1

$1

$1

$1

$1 $1

$1

$1

$1

$1$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1$1

$1$1

$1

$1

$1

$1

$1

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$1$1

$1

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$1 $1

$1

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$1 $1

$1

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$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1$1

$1 $1$1

$1

$1

1600 m

S15-037

S15-035S15-029

S15-027

S15-026

S15-025

S15-032S15-030

S15-039S15-022S15-024

S15-040

S15-036S15-034 S15-060

S15-031

S15-028S15-041

S15-043

S15-049

S-4S-3

S-2

S15-038

4850N

4890N

5035N

5010N

5195N

S15-047

S15-044 S15-046

S15-050

S15-042

S15-048

S15-045

S15-052

S15-051

4975N

5150N

5235N

5095N

4810N

4750N

4700N

4930N

5285N

S91-82

14-SP-009

S91-83

S91-73

S91-66

S89-34

S91-71

S80-21

S91-70

S91-85

S91-78

S91-86

S90-46

S91-74

S80-13

14-SP-001

14-SP-004

S80-14

S91-81

14-SP-007

S91-68

S91-79

S91-63

S91-84

S90-51

S89-35

14-SP-006S90-59

S80-11

S90-52

S90-49

S90-54

S92-90

S80-12

S90-55

S91-80

S89-37

S79-08

S80-22

S90-56

S90-44

S79-06

S91-64

S90-50

S90-45

S90-58

S90-60

S90-43

S91-75

S92-92

S92-91

S89-36

S80-17

S90-61

S-1

S89-41

14-SP-005

S80-20

S90-47

14-SP-002

14-SP-008

S79-03

S80-26

S80-24

S80-18

S89-33

S80-28

S80-15

S79-02

S79-10

S90-62S91-67

S79-01

S90-57

S79-05

S80-27

S80-25

S79-07

S80-19

S79-04

S79-09

S90-48

S91-65

S91-69

S91-72S91-76

S91-77

14-SP-003

S80-16

S90-53

S89-39

S15-015

S15-010

S15-012

S15-017

S15-016

S15-011

S15-013S15-014

S15-018

S15-019

S15-020

S15-023

S15-056

S15-053

S15-054

S15-058

S15-064

S15-055

S15-057

S15-059

S15-033

S15-061

S15-063

S15-064

S15-062

S15-065S15-066

S15-068

S15-067S15-070

S15-069S15-021

Mt Edziza FlowsMt Edziza Flows

Stuhini VolcanicsStuhini Volcanics

Stuhini VolcanicsStuhini Volcanics

1500 m

1700 m

410800

410800

411000

411000

411200

411200

411400

411400

411600

411600

411800

411800

6394

600

6394

600

6394

800

6394

800

6395

000

6395

000

6395

200

6395

200

0 50 100 15025

Meters

sup3

500 Colour Zone

Central Zone(Porphyry and QC Structures)

O P E N

O P E N

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Exploration Trail

Cross Section Line

Monzonite

sup3$1 2015 Drill Hole (Complete)

sup3 2015 Drill Hole (In Progress)$1

sup3 2014 Drill Hole

sup3 Historic Drill Hole

$1

$1

Road Zone

Spectrum GoldDiamond Drill Hole Plan Map

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 0020

Date - 2012610 5Drawn By - CSG

TSX-V SKE

O P E N

Boundary Zone

O P E N

O P E N

O P E NO P E N

O P E N

300 Colour Zone

O P E N

O P E N

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410800 E

410850 E

410850 E

410900 E

410900 E

410950 E

410950 E

6395200 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m 1600 m

1650 m 1650 m

1700 m 1700 m

2m 464 gt Au

100 m

S15-066

S15-066

TSXV SKE

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410820 E

410840 E

410860 E

410880 E

410880 E

410900 E

410900 E

410920 E

410920 E

410940 E

410940 E

410960 E

410960 E

410980 E

410980 E

6395080 N

6395100 N

6395120 N

6395140 N

6395140 N

6395160 N

6395160 N

6395180 N

6395180 N

6395200 N

6395200 N

6395220 N

6395220 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m

1650 m 1650 m

1700 m 1700 m

559

294552

m 115 gt Au

2m 231 gt Au

100 m

S15-068

S15-068

S89-37

S89-3

7

S90-43

S90-43

100 m

S90-44

S90-44

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4610N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Monzonite (Lower)

100 m

200 m

S15-058

S15-058

(NSV)

100 m

200 m

S15-059

S15-059(NSV)

S90-49

100 m

S90-49

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4645N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-054

S15-054

(NSV)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4700N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

100 m

300 m

S15-043

S15-043

100 m

200 m

300 m

S90-50

100 m

S90-50

300 m

200 m

100 m

S15-061

S15-061

S15-063

S15-063

101m 072 gt Au

137m 112 gt Au

4m 2424 gt AuIncluding2m 448 gt Au

114m 1673 gt AuIncluding2m 818 gt Au

4m 2659 gt AuIncluding2m 465 gt Au2m 668 gt Au

2m

335 gt Au

2m 234 gt Au

2m 208 gt Au

2m 247 gt Au

18m 269 gt Au

2m 206 gt Au

2m 485 gt Au

2m 273 gt Au

2m 405 gt A

uIncluding2m 578 gt Au

2m 119 gt Au

2m 289 gt A

u

8m 404 gt AuIncluding

2m 875 gt Au

4480

8180

4650668

578

1190

875

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-009

14-SP-009

100 m

200 m

S15-010

S15-010

100 m

200 m

S15-013

S15-013

100 m

200 m

S15-014

S15-014

100 m

200 m

300 m

400 m

S15-045

S15-045

300 m

100 m

S79-02

S79-02

100 m

S80-18

S80-18

100 m

S89-34

S89-34

100 m

200 m

S15-055

S15-055

100 m

200 m

300 m

400 m

S15-064

S15-064

17m

419 gt Au

2m 292 gt Au

198m 134 gt Au

212m 224 gt Au

17m 1783 gt Au

141m 028 gt Au

31m

02 gt Au

127m 126 gt AuIncluding13m 338 gt Au2m 222 gt Au2m 227 gt Au2m 290 gt Au10m 23 gt Au

1695m 495 gt AuIncluding7m of 795 gt Au

33m 184 gt AuIncluding15m 475 gt Au

36m 164 gt AuIncluding2m 221 gt Au

2m 168 gt Au

2m 107 gt Au

4m 1367 gt Au

2m 179 gt Au

2m 10 gt Au

1m 111 gt Au

2m 2545 gt Au

6m 312 gt Au

2m 213 gt Au

175m 117 gt Au

2m 281 gt Au

14m 159 gt Au

19m 544 gt Au

415m 214 gt Au

4m 318 gt Au

2m 243 gt Au

5m 225 gt Au

4m 16 gt Au

2m 213 gt Au

2m 235 gt Au

14m 827 gt Au

6m 309 gt AuIncluding

1m 231 gt Au

2m 325 gt Au

2m 575 gt A

u

5252210

10001110

25450

9282210

1590

960

12101240

2130

1170

827

2310

575

1460

607

2256

614

1783

934

(Looking North)

Spectrum Gold Project - Section 4750N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

536

843

979

856

212

265328

240

205334

383

233

354203

950

271

247

345211

439

2983780

223

204

4980

287285

641774

238

918

207

296224

247214

223

398

799

353

219

226288

254

219

562

247

233

785

298

291

1196675

273

683

967

556

6021020

231

495

1200

390

220

3500

684447

356

756

590

324

220

451

832

645

1390

804

6m 786 gt Au

16m 856 gt Au

738m 179 gt Au

38m 128 gt Au

6m 207 gt Au

4m 286 gt Au

4m 708 gt Au

40m 131 gt Au

425m 136 gt Au

799m 156 gt Au

1247m 084 gt Au

61m 162 gt AuIncluding2m 238 gt Au4m 562 gt Au6m 199 gt Au2m 247 gt Au2m 214 gt Au

36m 104 gt AuIncluding5m 2 gt Au2m 228 gt Au135m 24 gt Au

12m 362 gt AuIncluding2m 95 gt Au

184m 64 gt AuIncluding39m 2527 gt AuAlso Including19m 50 gt Au

17m 18 gt AuIncluding20m 683 gt Au30m 245 gt Au

17m 967 gt Au

11m 31 gt AuIncluding22m 556 gt Au

6m 544 gt AuIncluding2m 102 gt Au

15m 456 gt Au

66m 1059 gt AuIncluding14m 378 gt Au

2m

231 gt Au

8m 536 gt AuIncluding2m 12 gt Au

14m 782 gt AuIncluding2m 35 gt Au

2m

756 gt Au

2m

59 gt A

u

225m

22 gt Au

15m

451 gt Au

2m 236 gt Au

2m 251 gt Au

2m 832 gt Au

2m 46 gt Au

26m 1018 gt Au

09m 804 gt Au

200 m

S15-011

S15-011

S15-012

S15-012

100 m

S15-016

S15-016

100 m

200 m

300 m

S15-042

S15-042

100 m

S15-048

S15-048(NSV)

100 m

200 m

S15-049

S15-049

100 m

200 m

300 m

S15-052

S15-052

100 m

200 m

300 m

S15-057

S15-057

100 m

S79-01

S79-01

S79-03

S80-19

S80-19

100 m

S92-92

S92-92

S15-070

100 m

200 m

300 m

400 m

S15-07

0

(Looking North)

Spectrum Gold Project - Section 4810N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

294

288

883613587

228

379

7450

504

254

1220

879

222

207

286

222

229

706

315

312

291

607

363

315

459

2670

594

2m 294 gt Au

2m 288 gt Au

2615m 821 gt AuIncluding915m 473 gt AuAlso Including215m 88 gt Au15m 61 gt Au2m 59 gt Au35m 442 gt AuAlso Including2m 745 gt Au

44m 112 gt AuIncluding2m 254 gt Au15m 122 gt Au

1m 879 gt Au

137m 064 gt Au

14m 262 gt Au

6m 204 gt Au

87m 286 gt Au

8m 218 gt Au

55m 344 gt Au

6m 555 gt Au

20m

222 gt Au

22m 207 gt Au

2m 286 gt A

u2m 222 gt A

u

2m 225 gt Au

2m 476 gt Au

1m 267 gt Au

11m 282 gt A

u

21m 293 gt Au

2m 266 gt Au

14m 594 gt Au

200 m

S15-015

S15-015

S15-021

S15-021

100 m

S15-028

100 m

200 m

300 m

S15-051

S15-051

100 m

200 m

300 m

S15-056

S15-056

S15-062

(NSV)

300 m

400 m

500 m

S15-062(Cont on 4890N)

S80-23

100 m

S80-23100 m

S80-26

S80-2

6100 m

S80-27

S80-27

S90-48

S90-48

S15-028

100 m

200 m

300 m

400 m

S15-067

S15-067

S15-069

100 m

200 m

400 m

S15-069

(Cont on 4890N)

(Looking North)

Spectrum Gold Project - Section 4850N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

41

11

00

E4

11

10

0 E

41

11

50

E4

11

15

0 E

41

12

00

E4

11

20

0 E

41

12

50

E4

11

25

0 E

41

13

00

E4

11

30

0 E

41

13

50

E4

11

35

0 E

41

14

00

E

41

14

50

E

41

15

00

E4

11

50

0 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

243

316

295

266697256

272359

879

925690

256

274

268

283

829

207

473

582

586

1860427

995

592

983

8090

288

240

405

1587

442

405

261

208

1020

12m 154 gt AuIncluding2m 243 gt Au4m 306 gt Au

21m

09 gt Au

135m 278 gt AuIncluding2m 697 gt Au

1m 879 gt Au

6m 555 gt Au

2m 256 gt Au

4m 271 gt Au

2m 283 gt Au

1m 829 gt Au

2m 473 gt Au

135m 582 gt Au

2m 586 gt Au

93m 395 gt AuIncluding13m 186 gt Au2m 427 gt Au

15m 995 gt Au1m 592 gt Au

23m 809 gt Au

9m 173 gt Au

122m 157 gt Au

85m 123 gt Au

47m 279 gt Au

19m 39 gt Au

144m 117 gt Au

2m 983 gt A

u

2m 253 gt A

u

1m 102 gt A

u

100 m

200 m

S15-019

S15-019

S15-028

S15-028

100 m

200 m

S15-031

S15-031

100 m

200 m

S15-041

S15-041

100 m

200 m

300 m

S15-050

S15-050

100 m

200 m

300 m

S15-053

S15-053

S15-062

(Cont from

4850N)

600 m

S15-062(NSV)

S79-04S79-05

S79-05

S79-06

S79-06

S79-07

S79-08

S79-08

S80-23

S80-23

S80-28

S80-28

100 m

S89-35

S89-35

100 m

S92-91

S92-91

S1

5-0

69

(Co

nt fro

m 4

85

0N)

400

m

S1

5-0

69

(Looking North)

Spectrum Gold Project - Section 4890N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

500 Colour Zone

Central Zone(Porphyry and QC structures)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 16:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

Past SuccessesSpectrumrsquos Past Exploration Development Success Ratio

gt 243600 historical oz of Au from 11902 m of historical drilling

gt 205 oz Au discovered for every metre drilled

gt Assuming $250 per metre drilling cost = $1220 per oz Au discovery cost

Historic mines in NW British Columbia where Netolitzky was the driving forcebehind their development

gt Snip Gold Minersaquo 1 million oz Au produced at 25 gt

gt Eskay Creek Minersaquo 327 million oz Au produced at 49 gtrsaquo 158 million oz Ag produced at 2406 gt

wwwskeenaresourcescom 17

Past performance should not be construed to mean future drill results and exploration development success will be guaranteedThis estimate precedes NI 43-101 and is not to be relied upon This estimate is not current and a Qualified Person has not done sufficient work toclassify the historical estimate and Skeena is not treating the historical estimate as a current resource

Contact Information

wwwskeenaresourcescom 18

Tony PerriManager Investor Relations

tperriskeenaresourcescomTel +16046848725Dir +16045587681Fax +16045587695

Skeena Resources LimitedSuite 650 ndash 1021 West Hastings StreetVancouver British Columbia Canada

V6E 0C3

wwwskeenaresourcescomTSX Venture Exchange SKE

Appendix

Figures from 2015 Spectrum Drill Program

gt Table of Intersectionsgt Drill plangt Cross-sectionsgt Gold in soil maps

wwwskeenaresourcescom 19

Page13 113 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐010 270 -shy‐52 278 340 700 360 164including 500 700 200 221

9430 9600 170 41914500 14700 200 292 01119900 20040 140 159

S15-shy‐011 270 -shy‐45 2235 600 1200 600 7862000 2160 160 8564800 8400 3600 104 30 010

including 5000 5500 500 200and 6200 6400 200 328 011and 7100 7235 135 240 136 062

11000 11738 738 179 56 01313000 14200 1200 362 52 016

including 14000 14200 200 95 90 024

S15-shy‐012 270 -shy‐55 251 3500 7300 3800 12810200 10860 660 1059 31 019

including 10550 10690 140 37814000 14600 600 207 15019760 21600 1840 640 88

including 19760 20150 390 2527 595 033including 19960 20150 190 498 1180 063

21200 21600 400 286 8823400 23800 400 708 175 012

S15-shy‐013 270 -shy‐45 200 300 13000 12700 126 52 015including 2000 3300 1300 338 77 024

and 2720 2940 220 96 115 036and 3100 3300 200 450 138 031and 4800 5000 200 222and 7800 8000 200 227 59 016and 10800 11000 200 290 011and 12000 13000 1000 230 53 014

S15-shy‐014 270 -shy‐58 2175 300 700 400 3181900 2100 200 243

Page13 213 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 3000 3500 500 225 0225100 5500 400 160 0247700 9395 1695 495 205 070

including 8300 9000 700 795 355 09315300 15500 200 213 6317100 17275 175 11720800 21000 200 281 72 011

S15-shy‐015 270 -shy‐50 259 2800 3000 200 2943800 4000 200 28816385 19000 2615 821

Including 16385 17300 915 473And 16385 16600 215 883And 16750 16900 150 613And 17100 17300 200 587And 18050 18400 350 442 75

Including 18200 18400 200 745 85

S15-shy‐016 270 -shy‐48 179 3400 9500 6100 162 014Including 3400 3600 200 238

And 4800 5200 400 563 96 022Including 4800 5000 200 918 110 022

And 6500 7100 600 199 012And 8700 8900 200 247 011And 9300 9500 200 214 55 014

S15-shy‐017 270 -shy‐55 193 10315 10400 085 979 430012800 13600 800 1046 83

including 12800 13030 230 3333 267 01315740 16100 360 116818000 18275 275 279 54 010

S15-shy‐018 270 -shy‐45 302 13900 14130 230 11118300 18500 200 613 01022100 22700 600 544 234

Including 22500 22700 200 132 63825100 25300 200 237

Page13 313 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐019 270 -shy‐50 215 1900 3100 1200 155including 1900 2100 200 243

And 2700 3100 400 3069600 11700 2100 090 01015900 17250 1350 278

Including 16300 16500 200 697

S15-shy‐020 270 -shy‐45 258 23600 23800 200 251

S15-shy‐021 270 -shy‐50 605 Hole13 abandonded13 in13 fault13 Poor13 recovery13 No13 significant13 values

S15-shy‐022 270 -shy‐50 254 15000 15200 200 78616800 17000 200 13517410 18900 1490 897

Including 17410 17700 290 3851 54Including 17410 17562 152 347

And 17562 17700 138 427 81

S15-shy‐023 270 -shy‐45 225 6000 8590 2590 077 011Including 8000 8200 200 458 012

16500 16700 200 243 01019300 19660 360 561 103

Including 19300 19460 160 917 13520800 21000 200 211 85

S15-shy‐024 270 -shy‐60 244 3200 3400 200 2937600 8000 400 35913625 13716 091 641 24017020 17220 200 314 5118300 19264 964 681 207 009

Including 18700 18870 170 141 204 014

S15-shy‐025 270 -shy‐45 181 1100 1300 200 3144100 4900 800 414

Including 4100 4215 115 172 98 01511100 13400 2300 143

Page13 413 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 Including 11100 11300 200 276

And 12800 13000 200 531

S15-shy‐026 270 -shy‐45 260 800 1000 200 477 12212250 12450 200 22414870 15270 400 31218250 19050 800 567 015

Including 18250 18450 200 89 80 027And 18850 19050 200 101 014

S15-shy‐027 266 -shy‐48 266 19400 19600 200 251

S15-shy‐028 270 -shy‐50 254 500 4900 4400 112Including 1100 1300 200 254

And 3500 3650 150 12216600 16700 100 87919800 20400 600 555 54

S15-shy‐029 266 -shy‐45 219 14740 14900 160 411 01120500 20700 200 735 5910

S15-shy‐030 270 -shy‐45 265 21450 21550 100 587 252024700 24900 200 213

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022Including 2900 3100 200 256 013

And 9300 9700 400 271 58 021And 10900 11100 200 283 013And 13500 13600 100 829 67 011And 19300 19500 200 473 145 032And 21700 21835 135 582 228 435

S15-shy‐032 270 -shy‐45 2943

S15-shy‐033 270 -shy‐45 117

S15-shy‐034 270 -shy‐57 196

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 513 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐035 265 -shy‐45 2425 2900 3100 200 25515900 16100 200 27816750 16900 150 670 713 08423020 23130 110 648 741

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008Including 14215 14675 460 180 75

S15-shy‐037 265 -shy‐45 220 3700 4100 400 315 5416900 17100 200 224 011

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010Including 1000 1200 200 334

And 11400 12400 1000 184 82 018

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017Including 1700 6100 4400 140 68 017Including 3100 3300 200 626 014

S15-shy‐040 265 -shy‐45 299 16900 18300 1400 190Including 16900 17000 100 704 77

And 17400 17510 110 582 10820570 20780 210 446 126 02323280 23930 650 13623280 23350 070 530 259 041

S15-shy‐041 265 -shy‐50 214 8500 8700 200 586 7814570 15500 930 395

Including 14570 14700 130 186And 15300 15500 200 427

19050 19200 150 995 53321300 21400 100 592 61

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005Including 2500 4200 1700 179Including 2500 2700 200 683 53

Page13 613 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 11330 11500 170 96716500 17600 1100 310

Including 16710 16930 220 55619200 19800 600 544 11119600 19800 200 102 29020700 20850 150 456

S15-shy‐043 265 -shy‐45 362 19700 20100 400 2424Including 19900 20100 200 448

21060 22200 1140 1673Including 21600 21800 200 818 56

23000 23400 400 2659Including 23000 23200 200 465

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 40 014Including 5700 5900 200 662 68 027

And 14100 14300 200 327 54 01320200 24973 4773 049 30 013

S15-shy‐045 265 -shy‐45 275 18500 18700 200 21321700 21900 200 235

S15-shy‐046 265 -shy‐45 266 4000 4400 400 30615900 16100 200 41919200 19600 400 1697 100

Including 19400 19600 200 298 150 015

S15-shy‐047 265 -shy‐45 320 12200 12400 200 23325495 25635 140 154 210 011

S15-shy‐048 265 -shy‐55 1498

S15-shy‐049 265 -shy‐45 269 12500 12700 200 23118500 19300 800 536

Including 18700 18900 200 12021100 22500 1400 782 011

Including 21500 21700 200 350 79 022

Abandoned13 Before13 Zone13 -shy‐13 No13 Significant13 Values

Page13 713 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 23500 23700 200 75624300 24500 200 590

S15-shy‐050 265 -shy‐50 338 28800 29000 200 983

S15-shy‐051 265 -shy‐50 385 2800 3000 200 2229030 9250 220 20721950 22150 200 286 117 01323750 23950 200 222

S15-shy‐052 265 -shy‐46 365 22575 22800 225 22029650 29800 150 451

S15-shy‐053 256 -shy‐46 341

S15-shy‐054 252 -shy‐45 256

S15-shy‐055 265 -shy‐45 3813 20000 20600 600 309Including 20460 20600 140 827

28650 28750 100 2310

S15-shy‐056 265 -shy‐50 365 25600 25800 200 22531300 31500 200 47635900 36000 100 267

S15-shy‐057 265 -shy‐46 395 21700 21900 200 236 37130200 30400 200 25132800 33000 200 832 127 038

S15-shy‐058 265 -shy‐45 212

S15-shy‐059 265 -shy‐65 21430

S15-shy‐060 265 -shy‐45 422 20700 21300 600 327Including 21100 21300 200 589

25200 27000 1800 613 008Including 25800 25900 100 110 010

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 813 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 And 26400 26500 100 300 52 006And 26830 27000 170 306 019

30400 30600 200 210

S15-shy‐061 265 -shy‐45 317 18000 18200 200 33518800 19000 200 23422400 30000 7600 113 24 006

including 22400 22600 200 208And 24600 24800 200 247And 26400 28200 1800 269

Including 26400 26600 200 578 63And 28000 28200 200 1190

29800 30000 200 206 84

S15-shy‐062 263 -shy‐45 740

S15-shy‐063 265 -shy‐45 4472 21930 22130 200 485 642 05323600 23800 200 27328400 28600 200 40539800 41800 2000 187

Including 39600 40400 800 404Including 40200 40400 200 875

41800 42000 200 289

S15-shy‐064 265 -shy‐45 473 19100 19300 200 325 106033600 33800 200 575

S15-shy‐06513 (Boundary)

265 -shy‐45 265 2800 3000 200 332

12686 12800 114 1050

S15-shy‐06613 13 13 13 (30013 Colour)

70 -shy‐50 182 3200 3400 200 464

S15-shy‐067 270 -shy‐50 404

No13 Significant13 Values

No13 Significant13 Values

Page13 913 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐06813 13 13 13

(30013 Colour)50 -shy‐50 242 5000 10200 5200 115

Including 5200 6800 1600 18713200 13400 200 231

S15-shy‐069 270 -shy‐45 470 5600 5810 210 293 1016400 6600 200 26629865 30005 140 594 7942000 42200 200 253 01042580 42680 100 1020 1170 024

S15-shy‐070 270 -shy‐46 449 33600 33800 200 46039340 39600 260 1018 660 02141110 41200 090 804 011

NotesAll13 values13 are13 un-shy‐cutTrue13 width13 is13 estimated13 to13 be13 5513 to13 7013 of13 down13 hole13 intervalAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

Porphyry13 Au-shy‐Ag-shy‐Cu13 Intervals13 for13 201513 Spectrum13 holes

DDH13 Azimuth DipTotal13

Depth13 (m)From13 (m) To13 (m)

Interval13 (m)

Au13 gt13 (uncut) Ag13 gt Cu13

S15-shy‐011 270 -shy‐45 2235 300 20600 20300 097 33 012

S15-shy‐012 270 -shy‐55 251 250 23800 23550 141 42 007

S15-shy‐013 270 -shy‐45 200 300 19800 19500 075 39 015

S15-shy‐014 270 -shy‐58 2175 300 21200 20900 122 48 017

S15-shy‐016 270 -shy‐48 179 1130 17600 16470 090 41 014

S15-shy‐023 270 -shy‐45 225 430 21000 20570 047 28 009

S15-shy‐024 270 -shy‐60 244 300 19264 18964 088 26 006

S15-shy‐025 270 -shy‐45 181 1100 16600 15500 074 16 005

S15-shy‐026 270 -shy‐45 260 12050 22095 10045 092 22 006

S15-shy‐028 270 -shy‐50 254 500 22900 22400 061 29 007

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 402 014And 20200 24973 4773 049 302 013

All13 values13 are13 un-shy‐cutAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

sup3

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sup3sup3

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1600 m

S15-037

S15-035S15-029

S15-027

S15-026

S15-025

S15-032S15-030

S15-039S15-022S15-024

S15-040

S15-036S15-034 S15-060

S15-031

S15-028S15-041

S15-043

S15-049

S-4S-3

S-2

S15-038

4850N

4890N

5035N

5010N

5195N

S15-047

S15-044 S15-046

S15-050

S15-042

S15-048

S15-045

S15-052

S15-051

4975N

5150N

5235N

5095N

4810N

4750N

4700N

4930N

5285N

S91-82

14-SP-009

S91-83

S91-73

S91-66

S89-34

S91-71

S80-21

S91-70

S91-85

S91-78

S91-86

S90-46

S91-74

S80-13

14-SP-001

14-SP-004

S80-14

S91-81

14-SP-007

S91-68

S91-79

S91-63

S91-84

S90-51

S89-35

14-SP-006S90-59

S80-11

S90-52

S90-49

S90-54

S92-90

S80-12

S90-55

S91-80

S89-37

S79-08

S80-22

S90-56

S90-44

S79-06

S91-64

S90-50

S90-45

S90-58

S90-60

S90-43

S91-75

S92-92

S92-91

S89-36

S80-17

S90-61

S-1

S89-41

14-SP-005

S80-20

S90-47

14-SP-002

14-SP-008

S79-03

S80-26

S80-24

S80-18

S89-33

S80-28

S80-15

S79-02

S79-10

S90-62S91-67

S79-01

S90-57

S79-05

S80-27

S80-25

S79-07

S80-19

S79-04

S79-09

S90-48

S91-65

S91-69

S91-72S91-76

S91-77

14-SP-003

S80-16

S90-53

S89-39

S15-015

S15-010

S15-012

S15-017

S15-016

S15-011

S15-013S15-014

S15-018

S15-019

S15-020

S15-023

S15-056

S15-053

S15-054

S15-058

S15-064

S15-055

S15-057

S15-059

S15-033

S15-061

S15-063

S15-064

S15-062

S15-065S15-066

S15-068

S15-067S15-070

S15-069S15-021

Mt Edziza FlowsMt Edziza Flows

Stuhini VolcanicsStuhini Volcanics

Stuhini VolcanicsStuhini Volcanics

1500 m

1700 m

410800

410800

411000

411000

411200

411200

411400

411400

411600

411600

411800

411800

6394

600

6394

600

6394

800

6394

800

6395

000

6395

000

6395

200

6395

200

0 50 100 15025

Meters

sup3

500 Colour Zone

Central Zone(Porphyry and QC Structures)

O P E N

O P E N

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Exploration Trail

Cross Section Line

Monzonite

sup3$1 2015 Drill Hole (Complete)

sup3 2015 Drill Hole (In Progress)$1

sup3 2014 Drill Hole

sup3 Historic Drill Hole

$1

$1

Road Zone

Spectrum GoldDiamond Drill Hole Plan Map

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 0020

Date - 2012610 5Drawn By - CSG

TSX-V SKE

O P E N

Boundary Zone

O P E N

O P E N

O P E NO P E N

O P E N

300 Colour Zone

O P E N

O P E N

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410800 E

410850 E

410850 E

410900 E

410900 E

410950 E

410950 E

6395200 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m 1600 m

1650 m 1650 m

1700 m 1700 m

2m 464 gt Au

100 m

S15-066

S15-066

TSXV SKE

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410820 E

410840 E

410860 E

410880 E

410880 E

410900 E

410900 E

410920 E

410920 E

410940 E

410940 E

410960 E

410960 E

410980 E

410980 E

6395080 N

6395100 N

6395120 N

6395140 N

6395140 N

6395160 N

6395160 N

6395180 N

6395180 N

6395200 N

6395200 N

6395220 N

6395220 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m

1650 m 1650 m

1700 m 1700 m

559

294552

m 115 gt Au

2m 231 gt Au

100 m

S15-068

S15-068

S89-37

S89-3

7

S90-43

S90-43

100 m

S90-44

S90-44

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4610N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Monzonite (Lower)

100 m

200 m

S15-058

S15-058

(NSV)

100 m

200 m

S15-059

S15-059(NSV)

S90-49

100 m

S90-49

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4645N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-054

S15-054

(NSV)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4700N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

100 m

300 m

S15-043

S15-043

100 m

200 m

300 m

S90-50

100 m

S90-50

300 m

200 m

100 m

S15-061

S15-061

S15-063

S15-063

101m 072 gt Au

137m 112 gt Au

4m 2424 gt AuIncluding2m 448 gt Au

114m 1673 gt AuIncluding2m 818 gt Au

4m 2659 gt AuIncluding2m 465 gt Au2m 668 gt Au

2m

335 gt Au

2m 234 gt Au

2m 208 gt Au

2m 247 gt Au

18m 269 gt Au

2m 206 gt Au

2m 485 gt Au

2m 273 gt Au

2m 405 gt A

uIncluding2m 578 gt Au

2m 119 gt Au

2m 289 gt A

u

8m 404 gt AuIncluding

2m 875 gt Au

4480

8180

4650668

578

1190

875

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-009

14-SP-009

100 m

200 m

S15-010

S15-010

100 m

200 m

S15-013

S15-013

100 m

200 m

S15-014

S15-014

100 m

200 m

300 m

400 m

S15-045

S15-045

300 m

100 m

S79-02

S79-02

100 m

S80-18

S80-18

100 m

S89-34

S89-34

100 m

200 m

S15-055

S15-055

100 m

200 m

300 m

400 m

S15-064

S15-064

17m

419 gt Au

2m 292 gt Au

198m 134 gt Au

212m 224 gt Au

17m 1783 gt Au

141m 028 gt Au

31m

02 gt Au

127m 126 gt AuIncluding13m 338 gt Au2m 222 gt Au2m 227 gt Au2m 290 gt Au10m 23 gt Au

1695m 495 gt AuIncluding7m of 795 gt Au

33m 184 gt AuIncluding15m 475 gt Au

36m 164 gt AuIncluding2m 221 gt Au

2m 168 gt Au

2m 107 gt Au

4m 1367 gt Au

2m 179 gt Au

2m 10 gt Au

1m 111 gt Au

2m 2545 gt Au

6m 312 gt Au

2m 213 gt Au

175m 117 gt Au

2m 281 gt Au

14m 159 gt Au

19m 544 gt Au

415m 214 gt Au

4m 318 gt Au

2m 243 gt Au

5m 225 gt Au

4m 16 gt Au

2m 213 gt Au

2m 235 gt Au

14m 827 gt Au

6m 309 gt AuIncluding

1m 231 gt Au

2m 325 gt Au

2m 575 gt A

u

5252210

10001110

25450

9282210

1590

960

12101240

2130

1170

827

2310

575

1460

607

2256

614

1783

934

(Looking North)

Spectrum Gold Project - Section 4750N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

536

843

979

856

212

265328

240

205334

383

233

354203

950

271

247

345211

439

2983780

223

204

4980

287285

641774

238

918

207

296224

247214

223

398

799

353

219

226288

254

219

562

247

233

785

298

291

1196675

273

683

967

556

6021020

231

495

1200

390

220

3500

684447

356

756

590

324

220

451

832

645

1390

804

6m 786 gt Au

16m 856 gt Au

738m 179 gt Au

38m 128 gt Au

6m 207 gt Au

4m 286 gt Au

4m 708 gt Au

40m 131 gt Au

425m 136 gt Au

799m 156 gt Au

1247m 084 gt Au

61m 162 gt AuIncluding2m 238 gt Au4m 562 gt Au6m 199 gt Au2m 247 gt Au2m 214 gt Au

36m 104 gt AuIncluding5m 2 gt Au2m 228 gt Au135m 24 gt Au

12m 362 gt AuIncluding2m 95 gt Au

184m 64 gt AuIncluding39m 2527 gt AuAlso Including19m 50 gt Au

17m 18 gt AuIncluding20m 683 gt Au30m 245 gt Au

17m 967 gt Au

11m 31 gt AuIncluding22m 556 gt Au

6m 544 gt AuIncluding2m 102 gt Au

15m 456 gt Au

66m 1059 gt AuIncluding14m 378 gt Au

2m

231 gt Au

8m 536 gt AuIncluding2m 12 gt Au

14m 782 gt AuIncluding2m 35 gt Au

2m

756 gt Au

2m

59 gt A

u

225m

22 gt Au

15m

451 gt Au

2m 236 gt Au

2m 251 gt Au

2m 832 gt Au

2m 46 gt Au

26m 1018 gt Au

09m 804 gt Au

200 m

S15-011

S15-011

S15-012

S15-012

100 m

S15-016

S15-016

100 m

200 m

300 m

S15-042

S15-042

100 m

S15-048

S15-048(NSV)

100 m

200 m

S15-049

S15-049

100 m

200 m

300 m

S15-052

S15-052

100 m

200 m

300 m

S15-057

S15-057

100 m

S79-01

S79-01

S79-03

S80-19

S80-19

100 m

S92-92

S92-92

S15-070

100 m

200 m

300 m

400 m

S15-07

0

(Looking North)

Spectrum Gold Project - Section 4810N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

294

288

883613587

228

379

7450

504

254

1220

879

222

207

286

222

229

706

315

312

291

607

363

315

459

2670

594

2m 294 gt Au

2m 288 gt Au

2615m 821 gt AuIncluding915m 473 gt AuAlso Including215m 88 gt Au15m 61 gt Au2m 59 gt Au35m 442 gt AuAlso Including2m 745 gt Au

44m 112 gt AuIncluding2m 254 gt Au15m 122 gt Au

1m 879 gt Au

137m 064 gt Au

14m 262 gt Au

6m 204 gt Au

87m 286 gt Au

8m 218 gt Au

55m 344 gt Au

6m 555 gt Au

20m

222 gt Au

22m 207 gt Au

2m 286 gt A

u2m 222 gt A

u

2m 225 gt Au

2m 476 gt Au

1m 267 gt Au

11m 282 gt A

u

21m 293 gt Au

2m 266 gt Au

14m 594 gt Au

200 m

S15-015

S15-015

S15-021

S15-021

100 m

S15-028

100 m

200 m

300 m

S15-051

S15-051

100 m

200 m

300 m

S15-056

S15-056

S15-062

(NSV)

300 m

400 m

500 m

S15-062(Cont on 4890N)

S80-23

100 m

S80-23100 m

S80-26

S80-2

6100 m

S80-27

S80-27

S90-48

S90-48

S15-028

100 m

200 m

300 m

400 m

S15-067

S15-067

S15-069

100 m

200 m

400 m

S15-069

(Cont on 4890N)

(Looking North)

Spectrum Gold Project - Section 4850N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

41

11

00

E4

11

10

0 E

41

11

50

E4

11

15

0 E

41

12

00

E4

11

20

0 E

41

12

50

E4

11

25

0 E

41

13

00

E4

11

30

0 E

41

13

50

E4

11

35

0 E

41

14

00

E

41

14

50

E

41

15

00

E4

11

50

0 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

243

316

295

266697256

272359

879

925690

256

274

268

283

829

207

473

582

586

1860427

995

592

983

8090

288

240

405

1587

442

405

261

208

1020

12m 154 gt AuIncluding2m 243 gt Au4m 306 gt Au

21m

09 gt Au

135m 278 gt AuIncluding2m 697 gt Au

1m 879 gt Au

6m 555 gt Au

2m 256 gt Au

4m 271 gt Au

2m 283 gt Au

1m 829 gt Au

2m 473 gt Au

135m 582 gt Au

2m 586 gt Au

93m 395 gt AuIncluding13m 186 gt Au2m 427 gt Au

15m 995 gt Au1m 592 gt Au

23m 809 gt Au

9m 173 gt Au

122m 157 gt Au

85m 123 gt Au

47m 279 gt Au

19m 39 gt Au

144m 117 gt Au

2m 983 gt A

u

2m 253 gt A

u

1m 102 gt A

u

100 m

200 m

S15-019

S15-019

S15-028

S15-028

100 m

200 m

S15-031

S15-031

100 m

200 m

S15-041

S15-041

100 m

200 m

300 m

S15-050

S15-050

100 m

200 m

300 m

S15-053

S15-053

S15-062

(Cont from

4850N)

600 m

S15-062(NSV)

S79-04S79-05

S79-05

S79-06

S79-06

S79-07

S79-08

S79-08

S80-23

S80-23

S80-28

S80-28

100 m

S89-35

S89-35

100 m

S92-91

S92-91

S1

5-0

69

(Co

nt fro

m 4

85

0N)

400

m

S1

5-0

69

(Looking North)

Spectrum Gold Project - Section 4890N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

500 Colour Zone

Central Zone(Porphyry and QC structures)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 17:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

Contact Information

wwwskeenaresourcescom 18

Tony PerriManager Investor Relations

tperriskeenaresourcescomTel +16046848725Dir +16045587681Fax +16045587695

Skeena Resources LimitedSuite 650 ndash 1021 West Hastings StreetVancouver British Columbia Canada

V6E 0C3

wwwskeenaresourcescomTSX Venture Exchange SKE

Appendix

Figures from 2015 Spectrum Drill Program

gt Table of Intersectionsgt Drill plangt Cross-sectionsgt Gold in soil maps

wwwskeenaresourcescom 19

Page13 113 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐010 270 -shy‐52 278 340 700 360 164including 500 700 200 221

9430 9600 170 41914500 14700 200 292 01119900 20040 140 159

S15-shy‐011 270 -shy‐45 2235 600 1200 600 7862000 2160 160 8564800 8400 3600 104 30 010

including 5000 5500 500 200and 6200 6400 200 328 011and 7100 7235 135 240 136 062

11000 11738 738 179 56 01313000 14200 1200 362 52 016

including 14000 14200 200 95 90 024

S15-shy‐012 270 -shy‐55 251 3500 7300 3800 12810200 10860 660 1059 31 019

including 10550 10690 140 37814000 14600 600 207 15019760 21600 1840 640 88

including 19760 20150 390 2527 595 033including 19960 20150 190 498 1180 063

21200 21600 400 286 8823400 23800 400 708 175 012

S15-shy‐013 270 -shy‐45 200 300 13000 12700 126 52 015including 2000 3300 1300 338 77 024

and 2720 2940 220 96 115 036and 3100 3300 200 450 138 031and 4800 5000 200 222and 7800 8000 200 227 59 016and 10800 11000 200 290 011and 12000 13000 1000 230 53 014

S15-shy‐014 270 -shy‐58 2175 300 700 400 3181900 2100 200 243

Page13 213 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 3000 3500 500 225 0225100 5500 400 160 0247700 9395 1695 495 205 070

including 8300 9000 700 795 355 09315300 15500 200 213 6317100 17275 175 11720800 21000 200 281 72 011

S15-shy‐015 270 -shy‐50 259 2800 3000 200 2943800 4000 200 28816385 19000 2615 821

Including 16385 17300 915 473And 16385 16600 215 883And 16750 16900 150 613And 17100 17300 200 587And 18050 18400 350 442 75

Including 18200 18400 200 745 85

S15-shy‐016 270 -shy‐48 179 3400 9500 6100 162 014Including 3400 3600 200 238

And 4800 5200 400 563 96 022Including 4800 5000 200 918 110 022

And 6500 7100 600 199 012And 8700 8900 200 247 011And 9300 9500 200 214 55 014

S15-shy‐017 270 -shy‐55 193 10315 10400 085 979 430012800 13600 800 1046 83

including 12800 13030 230 3333 267 01315740 16100 360 116818000 18275 275 279 54 010

S15-shy‐018 270 -shy‐45 302 13900 14130 230 11118300 18500 200 613 01022100 22700 600 544 234

Including 22500 22700 200 132 63825100 25300 200 237

Page13 313 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐019 270 -shy‐50 215 1900 3100 1200 155including 1900 2100 200 243

And 2700 3100 400 3069600 11700 2100 090 01015900 17250 1350 278

Including 16300 16500 200 697

S15-shy‐020 270 -shy‐45 258 23600 23800 200 251

S15-shy‐021 270 -shy‐50 605 Hole13 abandonded13 in13 fault13 Poor13 recovery13 No13 significant13 values

S15-shy‐022 270 -shy‐50 254 15000 15200 200 78616800 17000 200 13517410 18900 1490 897

Including 17410 17700 290 3851 54Including 17410 17562 152 347

And 17562 17700 138 427 81

S15-shy‐023 270 -shy‐45 225 6000 8590 2590 077 011Including 8000 8200 200 458 012

16500 16700 200 243 01019300 19660 360 561 103

Including 19300 19460 160 917 13520800 21000 200 211 85

S15-shy‐024 270 -shy‐60 244 3200 3400 200 2937600 8000 400 35913625 13716 091 641 24017020 17220 200 314 5118300 19264 964 681 207 009

Including 18700 18870 170 141 204 014

S15-shy‐025 270 -shy‐45 181 1100 1300 200 3144100 4900 800 414

Including 4100 4215 115 172 98 01511100 13400 2300 143

Page13 413 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 Including 11100 11300 200 276

And 12800 13000 200 531

S15-shy‐026 270 -shy‐45 260 800 1000 200 477 12212250 12450 200 22414870 15270 400 31218250 19050 800 567 015

Including 18250 18450 200 89 80 027And 18850 19050 200 101 014

S15-shy‐027 266 -shy‐48 266 19400 19600 200 251

S15-shy‐028 270 -shy‐50 254 500 4900 4400 112Including 1100 1300 200 254

And 3500 3650 150 12216600 16700 100 87919800 20400 600 555 54

S15-shy‐029 266 -shy‐45 219 14740 14900 160 411 01120500 20700 200 735 5910

S15-shy‐030 270 -shy‐45 265 21450 21550 100 587 252024700 24900 200 213

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022Including 2900 3100 200 256 013

And 9300 9700 400 271 58 021And 10900 11100 200 283 013And 13500 13600 100 829 67 011And 19300 19500 200 473 145 032And 21700 21835 135 582 228 435

S15-shy‐032 270 -shy‐45 2943

S15-shy‐033 270 -shy‐45 117

S15-shy‐034 270 -shy‐57 196

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 513 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐035 265 -shy‐45 2425 2900 3100 200 25515900 16100 200 27816750 16900 150 670 713 08423020 23130 110 648 741

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008Including 14215 14675 460 180 75

S15-shy‐037 265 -shy‐45 220 3700 4100 400 315 5416900 17100 200 224 011

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010Including 1000 1200 200 334

And 11400 12400 1000 184 82 018

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017Including 1700 6100 4400 140 68 017Including 3100 3300 200 626 014

S15-shy‐040 265 -shy‐45 299 16900 18300 1400 190Including 16900 17000 100 704 77

And 17400 17510 110 582 10820570 20780 210 446 126 02323280 23930 650 13623280 23350 070 530 259 041

S15-shy‐041 265 -shy‐50 214 8500 8700 200 586 7814570 15500 930 395

Including 14570 14700 130 186And 15300 15500 200 427

19050 19200 150 995 53321300 21400 100 592 61

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005Including 2500 4200 1700 179Including 2500 2700 200 683 53

Page13 613 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 11330 11500 170 96716500 17600 1100 310

Including 16710 16930 220 55619200 19800 600 544 11119600 19800 200 102 29020700 20850 150 456

S15-shy‐043 265 -shy‐45 362 19700 20100 400 2424Including 19900 20100 200 448

21060 22200 1140 1673Including 21600 21800 200 818 56

23000 23400 400 2659Including 23000 23200 200 465

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 40 014Including 5700 5900 200 662 68 027

And 14100 14300 200 327 54 01320200 24973 4773 049 30 013

S15-shy‐045 265 -shy‐45 275 18500 18700 200 21321700 21900 200 235

S15-shy‐046 265 -shy‐45 266 4000 4400 400 30615900 16100 200 41919200 19600 400 1697 100

Including 19400 19600 200 298 150 015

S15-shy‐047 265 -shy‐45 320 12200 12400 200 23325495 25635 140 154 210 011

S15-shy‐048 265 -shy‐55 1498

S15-shy‐049 265 -shy‐45 269 12500 12700 200 23118500 19300 800 536

Including 18700 18900 200 12021100 22500 1400 782 011

Including 21500 21700 200 350 79 022

Abandoned13 Before13 Zone13 -shy‐13 No13 Significant13 Values

Page13 713 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 23500 23700 200 75624300 24500 200 590

S15-shy‐050 265 -shy‐50 338 28800 29000 200 983

S15-shy‐051 265 -shy‐50 385 2800 3000 200 2229030 9250 220 20721950 22150 200 286 117 01323750 23950 200 222

S15-shy‐052 265 -shy‐46 365 22575 22800 225 22029650 29800 150 451

S15-shy‐053 256 -shy‐46 341

S15-shy‐054 252 -shy‐45 256

S15-shy‐055 265 -shy‐45 3813 20000 20600 600 309Including 20460 20600 140 827

28650 28750 100 2310

S15-shy‐056 265 -shy‐50 365 25600 25800 200 22531300 31500 200 47635900 36000 100 267

S15-shy‐057 265 -shy‐46 395 21700 21900 200 236 37130200 30400 200 25132800 33000 200 832 127 038

S15-shy‐058 265 -shy‐45 212

S15-shy‐059 265 -shy‐65 21430

S15-shy‐060 265 -shy‐45 422 20700 21300 600 327Including 21100 21300 200 589

25200 27000 1800 613 008Including 25800 25900 100 110 010

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 813 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 And 26400 26500 100 300 52 006And 26830 27000 170 306 019

30400 30600 200 210

S15-shy‐061 265 -shy‐45 317 18000 18200 200 33518800 19000 200 23422400 30000 7600 113 24 006

including 22400 22600 200 208And 24600 24800 200 247And 26400 28200 1800 269

Including 26400 26600 200 578 63And 28000 28200 200 1190

29800 30000 200 206 84

S15-shy‐062 263 -shy‐45 740

S15-shy‐063 265 -shy‐45 4472 21930 22130 200 485 642 05323600 23800 200 27328400 28600 200 40539800 41800 2000 187

Including 39600 40400 800 404Including 40200 40400 200 875

41800 42000 200 289

S15-shy‐064 265 -shy‐45 473 19100 19300 200 325 106033600 33800 200 575

S15-shy‐06513 (Boundary)

265 -shy‐45 265 2800 3000 200 332

12686 12800 114 1050

S15-shy‐06613 13 13 13 (30013 Colour)

70 -shy‐50 182 3200 3400 200 464

S15-shy‐067 270 -shy‐50 404

No13 Significant13 Values

No13 Significant13 Values

Page13 913 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐06813 13 13 13

(30013 Colour)50 -shy‐50 242 5000 10200 5200 115

Including 5200 6800 1600 18713200 13400 200 231

S15-shy‐069 270 -shy‐45 470 5600 5810 210 293 1016400 6600 200 26629865 30005 140 594 7942000 42200 200 253 01042580 42680 100 1020 1170 024

S15-shy‐070 270 -shy‐46 449 33600 33800 200 46039340 39600 260 1018 660 02141110 41200 090 804 011

NotesAll13 values13 are13 un-shy‐cutTrue13 width13 is13 estimated13 to13 be13 5513 to13 7013 of13 down13 hole13 intervalAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

Porphyry13 Au-shy‐Ag-shy‐Cu13 Intervals13 for13 201513 Spectrum13 holes

DDH13 Azimuth DipTotal13

Depth13 (m)From13 (m) To13 (m)

Interval13 (m)

Au13 gt13 (uncut) Ag13 gt Cu13

S15-shy‐011 270 -shy‐45 2235 300 20600 20300 097 33 012

S15-shy‐012 270 -shy‐55 251 250 23800 23550 141 42 007

S15-shy‐013 270 -shy‐45 200 300 19800 19500 075 39 015

S15-shy‐014 270 -shy‐58 2175 300 21200 20900 122 48 017

S15-shy‐016 270 -shy‐48 179 1130 17600 16470 090 41 014

S15-shy‐023 270 -shy‐45 225 430 21000 20570 047 28 009

S15-shy‐024 270 -shy‐60 244 300 19264 18964 088 26 006

S15-shy‐025 270 -shy‐45 181 1100 16600 15500 074 16 005

S15-shy‐026 270 -shy‐45 260 12050 22095 10045 092 22 006

S15-shy‐028 270 -shy‐50 254 500 22900 22400 061 29 007

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 402 014And 20200 24973 4773 049 302 013

All13 values13 are13 un-shy‐cutAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

sup3

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$1

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1600 m

S15-037

S15-035S15-029

S15-027

S15-026

S15-025

S15-032S15-030

S15-039S15-022S15-024

S15-040

S15-036S15-034 S15-060

S15-031

S15-028S15-041

S15-043

S15-049

S-4S-3

S-2

S15-038

4850N

4890N

5035N

5010N

5195N

S15-047

S15-044 S15-046

S15-050

S15-042

S15-048

S15-045

S15-052

S15-051

4975N

5150N

5235N

5095N

4810N

4750N

4700N

4930N

5285N

S91-82

14-SP-009

S91-83

S91-73

S91-66

S89-34

S91-71

S80-21

S91-70

S91-85

S91-78

S91-86

S90-46

S91-74

S80-13

14-SP-001

14-SP-004

S80-14

S91-81

14-SP-007

S91-68

S91-79

S91-63

S91-84

S90-51

S89-35

14-SP-006S90-59

S80-11

S90-52

S90-49

S90-54

S92-90

S80-12

S90-55

S91-80

S89-37

S79-08

S80-22

S90-56

S90-44

S79-06

S91-64

S90-50

S90-45

S90-58

S90-60

S90-43

S91-75

S92-92

S92-91

S89-36

S80-17

S90-61

S-1

S89-41

14-SP-005

S80-20

S90-47

14-SP-002

14-SP-008

S79-03

S80-26

S80-24

S80-18

S89-33

S80-28

S80-15

S79-02

S79-10

S90-62S91-67

S79-01

S90-57

S79-05

S80-27

S80-25

S79-07

S80-19

S79-04

S79-09

S90-48

S91-65

S91-69

S91-72S91-76

S91-77

14-SP-003

S80-16

S90-53

S89-39

S15-015

S15-010

S15-012

S15-017

S15-016

S15-011

S15-013S15-014

S15-018

S15-019

S15-020

S15-023

S15-056

S15-053

S15-054

S15-058

S15-064

S15-055

S15-057

S15-059

S15-033

S15-061

S15-063

S15-064

S15-062

S15-065S15-066

S15-068

S15-067S15-070

S15-069S15-021

Mt Edziza FlowsMt Edziza Flows

Stuhini VolcanicsStuhini Volcanics

Stuhini VolcanicsStuhini Volcanics

1500 m

1700 m

410800

410800

411000

411000

411200

411200

411400

411400

411600

411600

411800

411800

6394

600

6394

600

6394

800

6394

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6395

000

6395

000

6395

200

6395

200

0 50 100 15025

Meters

sup3

500 Colour Zone

Central Zone(Porphyry and QC Structures)

O P E N

O P E N

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Exploration Trail

Cross Section Line

Monzonite

sup3$1 2015 Drill Hole (Complete)

sup3 2015 Drill Hole (In Progress)$1

sup3 2014 Drill Hole

sup3 Historic Drill Hole

$1

$1

Road Zone

Spectrum GoldDiamond Drill Hole Plan Map

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 0020

Date - 2012610 5Drawn By - CSG

TSX-V SKE

O P E N

Boundary Zone

O P E N

O P E N

O P E NO P E N

O P E N

300 Colour Zone

O P E N

O P E N

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410800 E

410850 E

410850 E

410900 E

410900 E

410950 E

410950 E

6395200 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m 1600 m

1650 m 1650 m

1700 m 1700 m

2m 464 gt Au

100 m

S15-066

S15-066

TSXV SKE

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410820 E

410840 E

410860 E

410880 E

410880 E

410900 E

410900 E

410920 E

410920 E

410940 E

410940 E

410960 E

410960 E

410980 E

410980 E

6395080 N

6395100 N

6395120 N

6395140 N

6395140 N

6395160 N

6395160 N

6395180 N

6395180 N

6395200 N

6395200 N

6395220 N

6395220 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m

1650 m 1650 m

1700 m 1700 m

559

294552

m 115 gt Au

2m 231 gt Au

100 m

S15-068

S15-068

S89-37

S89-3

7

S90-43

S90-43

100 m

S90-44

S90-44

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4610N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Monzonite (Lower)

100 m

200 m

S15-058

S15-058

(NSV)

100 m

200 m

S15-059

S15-059(NSV)

S90-49

100 m

S90-49

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4645N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-054

S15-054

(NSV)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4700N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

100 m

300 m

S15-043

S15-043

100 m

200 m

300 m

S90-50

100 m

S90-50

300 m

200 m

100 m

S15-061

S15-061

S15-063

S15-063

101m 072 gt Au

137m 112 gt Au

4m 2424 gt AuIncluding2m 448 gt Au

114m 1673 gt AuIncluding2m 818 gt Au

4m 2659 gt AuIncluding2m 465 gt Au2m 668 gt Au

2m

335 gt Au

2m 234 gt Au

2m 208 gt Au

2m 247 gt Au

18m 269 gt Au

2m 206 gt Au

2m 485 gt Au

2m 273 gt Au

2m 405 gt A

uIncluding2m 578 gt Au

2m 119 gt Au

2m 289 gt A

u

8m 404 gt AuIncluding

2m 875 gt Au

4480

8180

4650668

578

1190

875

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-009

14-SP-009

100 m

200 m

S15-010

S15-010

100 m

200 m

S15-013

S15-013

100 m

200 m

S15-014

S15-014

100 m

200 m

300 m

400 m

S15-045

S15-045

300 m

100 m

S79-02

S79-02

100 m

S80-18

S80-18

100 m

S89-34

S89-34

100 m

200 m

S15-055

S15-055

100 m

200 m

300 m

400 m

S15-064

S15-064

17m

419 gt Au

2m 292 gt Au

198m 134 gt Au

212m 224 gt Au

17m 1783 gt Au

141m 028 gt Au

31m

02 gt Au

127m 126 gt AuIncluding13m 338 gt Au2m 222 gt Au2m 227 gt Au2m 290 gt Au10m 23 gt Au

1695m 495 gt AuIncluding7m of 795 gt Au

33m 184 gt AuIncluding15m 475 gt Au

36m 164 gt AuIncluding2m 221 gt Au

2m 168 gt Au

2m 107 gt Au

4m 1367 gt Au

2m 179 gt Au

2m 10 gt Au

1m 111 gt Au

2m 2545 gt Au

6m 312 gt Au

2m 213 gt Au

175m 117 gt Au

2m 281 gt Au

14m 159 gt Au

19m 544 gt Au

415m 214 gt Au

4m 318 gt Au

2m 243 gt Au

5m 225 gt Au

4m 16 gt Au

2m 213 gt Au

2m 235 gt Au

14m 827 gt Au

6m 309 gt AuIncluding

1m 231 gt Au

2m 325 gt Au

2m 575 gt A

u

5252210

10001110

25450

9282210

1590

960

12101240

2130

1170

827

2310

575

1460

607

2256

614

1783

934

(Looking North)

Spectrum Gold Project - Section 4750N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

536

843

979

856

212

265328

240

205334

383

233

354203

950

271

247

345211

439

2983780

223

204

4980

287285

641774

238

918

207

296224

247214

223

398

799

353

219

226288

254

219

562

247

233

785

298

291

1196675

273

683

967

556

6021020

231

495

1200

390

220

3500

684447

356

756

590

324

220

451

832

645

1390

804

6m 786 gt Au

16m 856 gt Au

738m 179 gt Au

38m 128 gt Au

6m 207 gt Au

4m 286 gt Au

4m 708 gt Au

40m 131 gt Au

425m 136 gt Au

799m 156 gt Au

1247m 084 gt Au

61m 162 gt AuIncluding2m 238 gt Au4m 562 gt Au6m 199 gt Au2m 247 gt Au2m 214 gt Au

36m 104 gt AuIncluding5m 2 gt Au2m 228 gt Au135m 24 gt Au

12m 362 gt AuIncluding2m 95 gt Au

184m 64 gt AuIncluding39m 2527 gt AuAlso Including19m 50 gt Au

17m 18 gt AuIncluding20m 683 gt Au30m 245 gt Au

17m 967 gt Au

11m 31 gt AuIncluding22m 556 gt Au

6m 544 gt AuIncluding2m 102 gt Au

15m 456 gt Au

66m 1059 gt AuIncluding14m 378 gt Au

2m

231 gt Au

8m 536 gt AuIncluding2m 12 gt Au

14m 782 gt AuIncluding2m 35 gt Au

2m

756 gt Au

2m

59 gt A

u

225m

22 gt Au

15m

451 gt Au

2m 236 gt Au

2m 251 gt Au

2m 832 gt Au

2m 46 gt Au

26m 1018 gt Au

09m 804 gt Au

200 m

S15-011

S15-011

S15-012

S15-012

100 m

S15-016

S15-016

100 m

200 m

300 m

S15-042

S15-042

100 m

S15-048

S15-048(NSV)

100 m

200 m

S15-049

S15-049

100 m

200 m

300 m

S15-052

S15-052

100 m

200 m

300 m

S15-057

S15-057

100 m

S79-01

S79-01

S79-03

S80-19

S80-19

100 m

S92-92

S92-92

S15-070

100 m

200 m

300 m

400 m

S15-07

0

(Looking North)

Spectrum Gold Project - Section 4810N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

294

288

883613587

228

379

7450

504

254

1220

879

222

207

286

222

229

706

315

312

291

607

363

315

459

2670

594

2m 294 gt Au

2m 288 gt Au

2615m 821 gt AuIncluding915m 473 gt AuAlso Including215m 88 gt Au15m 61 gt Au2m 59 gt Au35m 442 gt AuAlso Including2m 745 gt Au

44m 112 gt AuIncluding2m 254 gt Au15m 122 gt Au

1m 879 gt Au

137m 064 gt Au

14m 262 gt Au

6m 204 gt Au

87m 286 gt Au

8m 218 gt Au

55m 344 gt Au

6m 555 gt Au

20m

222 gt Au

22m 207 gt Au

2m 286 gt A

u2m 222 gt A

u

2m 225 gt Au

2m 476 gt Au

1m 267 gt Au

11m 282 gt A

u

21m 293 gt Au

2m 266 gt Au

14m 594 gt Au

200 m

S15-015

S15-015

S15-021

S15-021

100 m

S15-028

100 m

200 m

300 m

S15-051

S15-051

100 m

200 m

300 m

S15-056

S15-056

S15-062

(NSV)

300 m

400 m

500 m

S15-062(Cont on 4890N)

S80-23

100 m

S80-23100 m

S80-26

S80-2

6100 m

S80-27

S80-27

S90-48

S90-48

S15-028

100 m

200 m

300 m

400 m

S15-067

S15-067

S15-069

100 m

200 m

400 m

S15-069

(Cont on 4890N)

(Looking North)

Spectrum Gold Project - Section 4850N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

41

11

00

E4

11

10

0 E

41

11

50

E4

11

15

0 E

41

12

00

E4

11

20

0 E

41

12

50

E4

11

25

0 E

41

13

00

E4

11

30

0 E

41

13

50

E4

11

35

0 E

41

14

00

E

41

14

50

E

41

15

00

E4

11

50

0 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

243

316

295

266697256

272359

879

925690

256

274

268

283

829

207

473

582

586

1860427

995

592

983

8090

288

240

405

1587

442

405

261

208

1020

12m 154 gt AuIncluding2m 243 gt Au4m 306 gt Au

21m

09 gt Au

135m 278 gt AuIncluding2m 697 gt Au

1m 879 gt Au

6m 555 gt Au

2m 256 gt Au

4m 271 gt Au

2m 283 gt Au

1m 829 gt Au

2m 473 gt Au

135m 582 gt Au

2m 586 gt Au

93m 395 gt AuIncluding13m 186 gt Au2m 427 gt Au

15m 995 gt Au1m 592 gt Au

23m 809 gt Au

9m 173 gt Au

122m 157 gt Au

85m 123 gt Au

47m 279 gt Au

19m 39 gt Au

144m 117 gt Au

2m 983 gt A

u

2m 253 gt A

u

1m 102 gt A

u

100 m

200 m

S15-019

S15-019

S15-028

S15-028

100 m

200 m

S15-031

S15-031

100 m

200 m

S15-041

S15-041

100 m

200 m

300 m

S15-050

S15-050

100 m

200 m

300 m

S15-053

S15-053

S15-062

(Cont from

4850N)

600 m

S15-062(NSV)

S79-04S79-05

S79-05

S79-06

S79-06

S79-07

S79-08

S79-08

S80-23

S80-23

S80-28

S80-28

100 m

S89-35

S89-35

100 m

S92-91

S92-91

S1

5-0

69

(Co

nt fro

m 4

85

0N)

400

m

S1

5-0

69

(Looking North)

Spectrum Gold Project - Section 4890N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

500 Colour Zone

Central Zone(Porphyry and QC structures)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 18:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

Appendix

Figures from 2015 Spectrum Drill Program

gt Table of Intersectionsgt Drill plangt Cross-sectionsgt Gold in soil maps

wwwskeenaresourcescom 19

Page13 113 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐010 270 -shy‐52 278 340 700 360 164including 500 700 200 221

9430 9600 170 41914500 14700 200 292 01119900 20040 140 159

S15-shy‐011 270 -shy‐45 2235 600 1200 600 7862000 2160 160 8564800 8400 3600 104 30 010

including 5000 5500 500 200and 6200 6400 200 328 011and 7100 7235 135 240 136 062

11000 11738 738 179 56 01313000 14200 1200 362 52 016

including 14000 14200 200 95 90 024

S15-shy‐012 270 -shy‐55 251 3500 7300 3800 12810200 10860 660 1059 31 019

including 10550 10690 140 37814000 14600 600 207 15019760 21600 1840 640 88

including 19760 20150 390 2527 595 033including 19960 20150 190 498 1180 063

21200 21600 400 286 8823400 23800 400 708 175 012

S15-shy‐013 270 -shy‐45 200 300 13000 12700 126 52 015including 2000 3300 1300 338 77 024

and 2720 2940 220 96 115 036and 3100 3300 200 450 138 031and 4800 5000 200 222and 7800 8000 200 227 59 016and 10800 11000 200 290 011and 12000 13000 1000 230 53 014

S15-shy‐014 270 -shy‐58 2175 300 700 400 3181900 2100 200 243

Page13 213 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 3000 3500 500 225 0225100 5500 400 160 0247700 9395 1695 495 205 070

including 8300 9000 700 795 355 09315300 15500 200 213 6317100 17275 175 11720800 21000 200 281 72 011

S15-shy‐015 270 -shy‐50 259 2800 3000 200 2943800 4000 200 28816385 19000 2615 821

Including 16385 17300 915 473And 16385 16600 215 883And 16750 16900 150 613And 17100 17300 200 587And 18050 18400 350 442 75

Including 18200 18400 200 745 85

S15-shy‐016 270 -shy‐48 179 3400 9500 6100 162 014Including 3400 3600 200 238

And 4800 5200 400 563 96 022Including 4800 5000 200 918 110 022

And 6500 7100 600 199 012And 8700 8900 200 247 011And 9300 9500 200 214 55 014

S15-shy‐017 270 -shy‐55 193 10315 10400 085 979 430012800 13600 800 1046 83

including 12800 13030 230 3333 267 01315740 16100 360 116818000 18275 275 279 54 010

S15-shy‐018 270 -shy‐45 302 13900 14130 230 11118300 18500 200 613 01022100 22700 600 544 234

Including 22500 22700 200 132 63825100 25300 200 237

Page13 313 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐019 270 -shy‐50 215 1900 3100 1200 155including 1900 2100 200 243

And 2700 3100 400 3069600 11700 2100 090 01015900 17250 1350 278

Including 16300 16500 200 697

S15-shy‐020 270 -shy‐45 258 23600 23800 200 251

S15-shy‐021 270 -shy‐50 605 Hole13 abandonded13 in13 fault13 Poor13 recovery13 No13 significant13 values

S15-shy‐022 270 -shy‐50 254 15000 15200 200 78616800 17000 200 13517410 18900 1490 897

Including 17410 17700 290 3851 54Including 17410 17562 152 347

And 17562 17700 138 427 81

S15-shy‐023 270 -shy‐45 225 6000 8590 2590 077 011Including 8000 8200 200 458 012

16500 16700 200 243 01019300 19660 360 561 103

Including 19300 19460 160 917 13520800 21000 200 211 85

S15-shy‐024 270 -shy‐60 244 3200 3400 200 2937600 8000 400 35913625 13716 091 641 24017020 17220 200 314 5118300 19264 964 681 207 009

Including 18700 18870 170 141 204 014

S15-shy‐025 270 -shy‐45 181 1100 1300 200 3144100 4900 800 414

Including 4100 4215 115 172 98 01511100 13400 2300 143

Page13 413 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 Including 11100 11300 200 276

And 12800 13000 200 531

S15-shy‐026 270 -shy‐45 260 800 1000 200 477 12212250 12450 200 22414870 15270 400 31218250 19050 800 567 015

Including 18250 18450 200 89 80 027And 18850 19050 200 101 014

S15-shy‐027 266 -shy‐48 266 19400 19600 200 251

S15-shy‐028 270 -shy‐50 254 500 4900 4400 112Including 1100 1300 200 254

And 3500 3650 150 12216600 16700 100 87919800 20400 600 555 54

S15-shy‐029 266 -shy‐45 219 14740 14900 160 411 01120500 20700 200 735 5910

S15-shy‐030 270 -shy‐45 265 21450 21550 100 587 252024700 24900 200 213

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022Including 2900 3100 200 256 013

And 9300 9700 400 271 58 021And 10900 11100 200 283 013And 13500 13600 100 829 67 011And 19300 19500 200 473 145 032And 21700 21835 135 582 228 435

S15-shy‐032 270 -shy‐45 2943

S15-shy‐033 270 -shy‐45 117

S15-shy‐034 270 -shy‐57 196

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 513 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐035 265 -shy‐45 2425 2900 3100 200 25515900 16100 200 27816750 16900 150 670 713 08423020 23130 110 648 741

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008Including 14215 14675 460 180 75

S15-shy‐037 265 -shy‐45 220 3700 4100 400 315 5416900 17100 200 224 011

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010Including 1000 1200 200 334

And 11400 12400 1000 184 82 018

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017Including 1700 6100 4400 140 68 017Including 3100 3300 200 626 014

S15-shy‐040 265 -shy‐45 299 16900 18300 1400 190Including 16900 17000 100 704 77

And 17400 17510 110 582 10820570 20780 210 446 126 02323280 23930 650 13623280 23350 070 530 259 041

S15-shy‐041 265 -shy‐50 214 8500 8700 200 586 7814570 15500 930 395

Including 14570 14700 130 186And 15300 15500 200 427

19050 19200 150 995 53321300 21400 100 592 61

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005Including 2500 4200 1700 179Including 2500 2700 200 683 53

Page13 613 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 11330 11500 170 96716500 17600 1100 310

Including 16710 16930 220 55619200 19800 600 544 11119600 19800 200 102 29020700 20850 150 456

S15-shy‐043 265 -shy‐45 362 19700 20100 400 2424Including 19900 20100 200 448

21060 22200 1140 1673Including 21600 21800 200 818 56

23000 23400 400 2659Including 23000 23200 200 465

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 40 014Including 5700 5900 200 662 68 027

And 14100 14300 200 327 54 01320200 24973 4773 049 30 013

S15-shy‐045 265 -shy‐45 275 18500 18700 200 21321700 21900 200 235

S15-shy‐046 265 -shy‐45 266 4000 4400 400 30615900 16100 200 41919200 19600 400 1697 100

Including 19400 19600 200 298 150 015

S15-shy‐047 265 -shy‐45 320 12200 12400 200 23325495 25635 140 154 210 011

S15-shy‐048 265 -shy‐55 1498

S15-shy‐049 265 -shy‐45 269 12500 12700 200 23118500 19300 800 536

Including 18700 18900 200 12021100 22500 1400 782 011

Including 21500 21700 200 350 79 022

Abandoned13 Before13 Zone13 -shy‐13 No13 Significant13 Values

Page13 713 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 23500 23700 200 75624300 24500 200 590

S15-shy‐050 265 -shy‐50 338 28800 29000 200 983

S15-shy‐051 265 -shy‐50 385 2800 3000 200 2229030 9250 220 20721950 22150 200 286 117 01323750 23950 200 222

S15-shy‐052 265 -shy‐46 365 22575 22800 225 22029650 29800 150 451

S15-shy‐053 256 -shy‐46 341

S15-shy‐054 252 -shy‐45 256

S15-shy‐055 265 -shy‐45 3813 20000 20600 600 309Including 20460 20600 140 827

28650 28750 100 2310

S15-shy‐056 265 -shy‐50 365 25600 25800 200 22531300 31500 200 47635900 36000 100 267

S15-shy‐057 265 -shy‐46 395 21700 21900 200 236 37130200 30400 200 25132800 33000 200 832 127 038

S15-shy‐058 265 -shy‐45 212

S15-shy‐059 265 -shy‐65 21430

S15-shy‐060 265 -shy‐45 422 20700 21300 600 327Including 21100 21300 200 589

25200 27000 1800 613 008Including 25800 25900 100 110 010

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 813 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 And 26400 26500 100 300 52 006And 26830 27000 170 306 019

30400 30600 200 210

S15-shy‐061 265 -shy‐45 317 18000 18200 200 33518800 19000 200 23422400 30000 7600 113 24 006

including 22400 22600 200 208And 24600 24800 200 247And 26400 28200 1800 269

Including 26400 26600 200 578 63And 28000 28200 200 1190

29800 30000 200 206 84

S15-shy‐062 263 -shy‐45 740

S15-shy‐063 265 -shy‐45 4472 21930 22130 200 485 642 05323600 23800 200 27328400 28600 200 40539800 41800 2000 187

Including 39600 40400 800 404Including 40200 40400 200 875

41800 42000 200 289

S15-shy‐064 265 -shy‐45 473 19100 19300 200 325 106033600 33800 200 575

S15-shy‐06513 (Boundary)

265 -shy‐45 265 2800 3000 200 332

12686 12800 114 1050

S15-shy‐06613 13 13 13 (30013 Colour)

70 -shy‐50 182 3200 3400 200 464

S15-shy‐067 270 -shy‐50 404

No13 Significant13 Values

No13 Significant13 Values

Page13 913 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐06813 13 13 13

(30013 Colour)50 -shy‐50 242 5000 10200 5200 115

Including 5200 6800 1600 18713200 13400 200 231

S15-shy‐069 270 -shy‐45 470 5600 5810 210 293 1016400 6600 200 26629865 30005 140 594 7942000 42200 200 253 01042580 42680 100 1020 1170 024

S15-shy‐070 270 -shy‐46 449 33600 33800 200 46039340 39600 260 1018 660 02141110 41200 090 804 011

NotesAll13 values13 are13 un-shy‐cutTrue13 width13 is13 estimated13 to13 be13 5513 to13 7013 of13 down13 hole13 intervalAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

Porphyry13 Au-shy‐Ag-shy‐Cu13 Intervals13 for13 201513 Spectrum13 holes

DDH13 Azimuth DipTotal13

Depth13 (m)From13 (m) To13 (m)

Interval13 (m)

Au13 gt13 (uncut) Ag13 gt Cu13

S15-shy‐011 270 -shy‐45 2235 300 20600 20300 097 33 012

S15-shy‐012 270 -shy‐55 251 250 23800 23550 141 42 007

S15-shy‐013 270 -shy‐45 200 300 19800 19500 075 39 015

S15-shy‐014 270 -shy‐58 2175 300 21200 20900 122 48 017

S15-shy‐016 270 -shy‐48 179 1130 17600 16470 090 41 014

S15-shy‐023 270 -shy‐45 225 430 21000 20570 047 28 009

S15-shy‐024 270 -shy‐60 244 300 19264 18964 088 26 006

S15-shy‐025 270 -shy‐45 181 1100 16600 15500 074 16 005

S15-shy‐026 270 -shy‐45 260 12050 22095 10045 092 22 006

S15-shy‐028 270 -shy‐50 254 500 22900 22400 061 29 007

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 402 014And 20200 24973 4773 049 302 013

All13 values13 are13 un-shy‐cutAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

sup3

sup3

sup3sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

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sup3sup3

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sup3

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sup3 sup3

sup3 sup3

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sup3 sup3

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sup3

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sup3

sup3

sup3

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sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3

$1

$1

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$1$1

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$1$1

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$1 $1$1

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1600 m

S15-037

S15-035S15-029

S15-027

S15-026

S15-025

S15-032S15-030

S15-039S15-022S15-024

S15-040

S15-036S15-034 S15-060

S15-031

S15-028S15-041

S15-043

S15-049

S-4S-3

S-2

S15-038

4850N

4890N

5035N

5010N

5195N

S15-047

S15-044 S15-046

S15-050

S15-042

S15-048

S15-045

S15-052

S15-051

4975N

5150N

5235N

5095N

4810N

4750N

4700N

4930N

5285N

S91-82

14-SP-009

S91-83

S91-73

S91-66

S89-34

S91-71

S80-21

S91-70

S91-85

S91-78

S91-86

S90-46

S91-74

S80-13

14-SP-001

14-SP-004

S80-14

S91-81

14-SP-007

S91-68

S91-79

S91-63

S91-84

S90-51

S89-35

14-SP-006S90-59

S80-11

S90-52

S90-49

S90-54

S92-90

S80-12

S90-55

S91-80

S89-37

S79-08

S80-22

S90-56

S90-44

S79-06

S91-64

S90-50

S90-45

S90-58

S90-60

S90-43

S91-75

S92-92

S92-91

S89-36

S80-17

S90-61

S-1

S89-41

14-SP-005

S80-20

S90-47

14-SP-002

14-SP-008

S79-03

S80-26

S80-24

S80-18

S89-33

S80-28

S80-15

S79-02

S79-10

S90-62S91-67

S79-01

S90-57

S79-05

S80-27

S80-25

S79-07

S80-19

S79-04

S79-09

S90-48

S91-65

S91-69

S91-72S91-76

S91-77

14-SP-003

S80-16

S90-53

S89-39

S15-015

S15-010

S15-012

S15-017

S15-016

S15-011

S15-013S15-014

S15-018

S15-019

S15-020

S15-023

S15-056

S15-053

S15-054

S15-058

S15-064

S15-055

S15-057

S15-059

S15-033

S15-061

S15-063

S15-064

S15-062

S15-065S15-066

S15-068

S15-067S15-070

S15-069S15-021

Mt Edziza FlowsMt Edziza Flows

Stuhini VolcanicsStuhini Volcanics

Stuhini VolcanicsStuhini Volcanics

1500 m

1700 m

410800

410800

411000

411000

411200

411200

411400

411400

411600

411600

411800

411800

6394

600

6394

600

6394

800

6394

800

6395

000

6395

000

6395

200

6395

200

0 50 100 15025

Meters

sup3

500 Colour Zone

Central Zone(Porphyry and QC Structures)

O P E N

O P E N

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Exploration Trail

Cross Section Line

Monzonite

sup3$1 2015 Drill Hole (Complete)

sup3 2015 Drill Hole (In Progress)$1

sup3 2014 Drill Hole

sup3 Historic Drill Hole

$1

$1

Road Zone

Spectrum GoldDiamond Drill Hole Plan Map

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 0020

Date - 2012610 5Drawn By - CSG

TSX-V SKE

O P E N

Boundary Zone

O P E N

O P E N

O P E NO P E N

O P E N

300 Colour Zone

O P E N

O P E N

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410800 E

410850 E

410850 E

410900 E

410900 E

410950 E

410950 E

6395200 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m 1600 m

1650 m 1650 m

1700 m 1700 m

2m 464 gt Au

100 m

S15-066

S15-066

TSXV SKE

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410820 E

410840 E

410860 E

410880 E

410880 E

410900 E

410900 E

410920 E

410920 E

410940 E

410940 E

410960 E

410960 E

410980 E

410980 E

6395080 N

6395100 N

6395120 N

6395140 N

6395140 N

6395160 N

6395160 N

6395180 N

6395180 N

6395200 N

6395200 N

6395220 N

6395220 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m

1650 m 1650 m

1700 m 1700 m

559

294552

m 115 gt Au

2m 231 gt Au

100 m

S15-068

S15-068

S89-37

S89-3

7

S90-43

S90-43

100 m

S90-44

S90-44

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4610N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Monzonite (Lower)

100 m

200 m

S15-058

S15-058

(NSV)

100 m

200 m

S15-059

S15-059(NSV)

S90-49

100 m

S90-49

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4645N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-054

S15-054

(NSV)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4700N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

100 m

300 m

S15-043

S15-043

100 m

200 m

300 m

S90-50

100 m

S90-50

300 m

200 m

100 m

S15-061

S15-061

S15-063

S15-063

101m 072 gt Au

137m 112 gt Au

4m 2424 gt AuIncluding2m 448 gt Au

114m 1673 gt AuIncluding2m 818 gt Au

4m 2659 gt AuIncluding2m 465 gt Au2m 668 gt Au

2m

335 gt Au

2m 234 gt Au

2m 208 gt Au

2m 247 gt Au

18m 269 gt Au

2m 206 gt Au

2m 485 gt Au

2m 273 gt Au

2m 405 gt A

uIncluding2m 578 gt Au

2m 119 gt Au

2m 289 gt A

u

8m 404 gt AuIncluding

2m 875 gt Au

4480

8180

4650668

578

1190

875

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-009

14-SP-009

100 m

200 m

S15-010

S15-010

100 m

200 m

S15-013

S15-013

100 m

200 m

S15-014

S15-014

100 m

200 m

300 m

400 m

S15-045

S15-045

300 m

100 m

S79-02

S79-02

100 m

S80-18

S80-18

100 m

S89-34

S89-34

100 m

200 m

S15-055

S15-055

100 m

200 m

300 m

400 m

S15-064

S15-064

17m

419 gt Au

2m 292 gt Au

198m 134 gt Au

212m 224 gt Au

17m 1783 gt Au

141m 028 gt Au

31m

02 gt Au

127m 126 gt AuIncluding13m 338 gt Au2m 222 gt Au2m 227 gt Au2m 290 gt Au10m 23 gt Au

1695m 495 gt AuIncluding7m of 795 gt Au

33m 184 gt AuIncluding15m 475 gt Au

36m 164 gt AuIncluding2m 221 gt Au

2m 168 gt Au

2m 107 gt Au

4m 1367 gt Au

2m 179 gt Au

2m 10 gt Au

1m 111 gt Au

2m 2545 gt Au

6m 312 gt Au

2m 213 gt Au

175m 117 gt Au

2m 281 gt Au

14m 159 gt Au

19m 544 gt Au

415m 214 gt Au

4m 318 gt Au

2m 243 gt Au

5m 225 gt Au

4m 16 gt Au

2m 213 gt Au

2m 235 gt Au

14m 827 gt Au

6m 309 gt AuIncluding

1m 231 gt Au

2m 325 gt Au

2m 575 gt A

u

5252210

10001110

25450

9282210

1590

960

12101240

2130

1170

827

2310

575

1460

607

2256

614

1783

934

(Looking North)

Spectrum Gold Project - Section 4750N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

536

843

979

856

212

265328

240

205334

383

233

354203

950

271

247

345211

439

2983780

223

204

4980

287285

641774

238

918

207

296224

247214

223

398

799

353

219

226288

254

219

562

247

233

785

298

291

1196675

273

683

967

556

6021020

231

495

1200

390

220

3500

684447

356

756

590

324

220

451

832

645

1390

804

6m 786 gt Au

16m 856 gt Au

738m 179 gt Au

38m 128 gt Au

6m 207 gt Au

4m 286 gt Au

4m 708 gt Au

40m 131 gt Au

425m 136 gt Au

799m 156 gt Au

1247m 084 gt Au

61m 162 gt AuIncluding2m 238 gt Au4m 562 gt Au6m 199 gt Au2m 247 gt Au2m 214 gt Au

36m 104 gt AuIncluding5m 2 gt Au2m 228 gt Au135m 24 gt Au

12m 362 gt AuIncluding2m 95 gt Au

184m 64 gt AuIncluding39m 2527 gt AuAlso Including19m 50 gt Au

17m 18 gt AuIncluding20m 683 gt Au30m 245 gt Au

17m 967 gt Au

11m 31 gt AuIncluding22m 556 gt Au

6m 544 gt AuIncluding2m 102 gt Au

15m 456 gt Au

66m 1059 gt AuIncluding14m 378 gt Au

2m

231 gt Au

8m 536 gt AuIncluding2m 12 gt Au

14m 782 gt AuIncluding2m 35 gt Au

2m

756 gt Au

2m

59 gt A

u

225m

22 gt Au

15m

451 gt Au

2m 236 gt Au

2m 251 gt Au

2m 832 gt Au

2m 46 gt Au

26m 1018 gt Au

09m 804 gt Au

200 m

S15-011

S15-011

S15-012

S15-012

100 m

S15-016

S15-016

100 m

200 m

300 m

S15-042

S15-042

100 m

S15-048

S15-048(NSV)

100 m

200 m

S15-049

S15-049

100 m

200 m

300 m

S15-052

S15-052

100 m

200 m

300 m

S15-057

S15-057

100 m

S79-01

S79-01

S79-03

S80-19

S80-19

100 m

S92-92

S92-92

S15-070

100 m

200 m

300 m

400 m

S15-07

0

(Looking North)

Spectrum Gold Project - Section 4810N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

294

288

883613587

228

379

7450

504

254

1220

879

222

207

286

222

229

706

315

312

291

607

363

315

459

2670

594

2m 294 gt Au

2m 288 gt Au

2615m 821 gt AuIncluding915m 473 gt AuAlso Including215m 88 gt Au15m 61 gt Au2m 59 gt Au35m 442 gt AuAlso Including2m 745 gt Au

44m 112 gt AuIncluding2m 254 gt Au15m 122 gt Au

1m 879 gt Au

137m 064 gt Au

14m 262 gt Au

6m 204 gt Au

87m 286 gt Au

8m 218 gt Au

55m 344 gt Au

6m 555 gt Au

20m

222 gt Au

22m 207 gt Au

2m 286 gt A

u2m 222 gt A

u

2m 225 gt Au

2m 476 gt Au

1m 267 gt Au

11m 282 gt A

u

21m 293 gt Au

2m 266 gt Au

14m 594 gt Au

200 m

S15-015

S15-015

S15-021

S15-021

100 m

S15-028

100 m

200 m

300 m

S15-051

S15-051

100 m

200 m

300 m

S15-056

S15-056

S15-062

(NSV)

300 m

400 m

500 m

S15-062(Cont on 4890N)

S80-23

100 m

S80-23100 m

S80-26

S80-2

6100 m

S80-27

S80-27

S90-48

S90-48

S15-028

100 m

200 m

300 m

400 m

S15-067

S15-067

S15-069

100 m

200 m

400 m

S15-069

(Cont on 4890N)

(Looking North)

Spectrum Gold Project - Section 4850N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

41

11

00

E4

11

10

0 E

41

11

50

E4

11

15

0 E

41

12

00

E4

11

20

0 E

41

12

50

E4

11

25

0 E

41

13

00

E4

11

30

0 E

41

13

50

E4

11

35

0 E

41

14

00

E

41

14

50

E

41

15

00

E4

11

50

0 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

243

316

295

266697256

272359

879

925690

256

274

268

283

829

207

473

582

586

1860427

995

592

983

8090

288

240

405

1587

442

405

261

208

1020

12m 154 gt AuIncluding2m 243 gt Au4m 306 gt Au

21m

09 gt Au

135m 278 gt AuIncluding2m 697 gt Au

1m 879 gt Au

6m 555 gt Au

2m 256 gt Au

4m 271 gt Au

2m 283 gt Au

1m 829 gt Au

2m 473 gt Au

135m 582 gt Au

2m 586 gt Au

93m 395 gt AuIncluding13m 186 gt Au2m 427 gt Au

15m 995 gt Au1m 592 gt Au

23m 809 gt Au

9m 173 gt Au

122m 157 gt Au

85m 123 gt Au

47m 279 gt Au

19m 39 gt Au

144m 117 gt Au

2m 983 gt A

u

2m 253 gt A

u

1m 102 gt A

u

100 m

200 m

S15-019

S15-019

S15-028

S15-028

100 m

200 m

S15-031

S15-031

100 m

200 m

S15-041

S15-041

100 m

200 m

300 m

S15-050

S15-050

100 m

200 m

300 m

S15-053

S15-053

S15-062

(Cont from

4850N)

600 m

S15-062(NSV)

S79-04S79-05

S79-05

S79-06

S79-06

S79-07

S79-08

S79-08

S80-23

S80-23

S80-28

S80-28

100 m

S89-35

S89-35

100 m

S92-91

S92-91

S1

5-0

69

(Co

nt fro

m 4

85

0N)

400

m

S1

5-0

69

(Looking North)

Spectrum Gold Project - Section 4890N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

500 Colour Zone

Central Zone(Porphyry and QC structures)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

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) )

)

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)

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) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 19:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

Page13 113 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐010 270 -shy‐52 278 340 700 360 164including 500 700 200 221

9430 9600 170 41914500 14700 200 292 01119900 20040 140 159

S15-shy‐011 270 -shy‐45 2235 600 1200 600 7862000 2160 160 8564800 8400 3600 104 30 010

including 5000 5500 500 200and 6200 6400 200 328 011and 7100 7235 135 240 136 062

11000 11738 738 179 56 01313000 14200 1200 362 52 016

including 14000 14200 200 95 90 024

S15-shy‐012 270 -shy‐55 251 3500 7300 3800 12810200 10860 660 1059 31 019

including 10550 10690 140 37814000 14600 600 207 15019760 21600 1840 640 88

including 19760 20150 390 2527 595 033including 19960 20150 190 498 1180 063

21200 21600 400 286 8823400 23800 400 708 175 012

S15-shy‐013 270 -shy‐45 200 300 13000 12700 126 52 015including 2000 3300 1300 338 77 024

and 2720 2940 220 96 115 036and 3100 3300 200 450 138 031and 4800 5000 200 222and 7800 8000 200 227 59 016and 10800 11000 200 290 011and 12000 13000 1000 230 53 014

S15-shy‐014 270 -shy‐58 2175 300 700 400 3181900 2100 200 243

Page13 213 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 3000 3500 500 225 0225100 5500 400 160 0247700 9395 1695 495 205 070

including 8300 9000 700 795 355 09315300 15500 200 213 6317100 17275 175 11720800 21000 200 281 72 011

S15-shy‐015 270 -shy‐50 259 2800 3000 200 2943800 4000 200 28816385 19000 2615 821

Including 16385 17300 915 473And 16385 16600 215 883And 16750 16900 150 613And 17100 17300 200 587And 18050 18400 350 442 75

Including 18200 18400 200 745 85

S15-shy‐016 270 -shy‐48 179 3400 9500 6100 162 014Including 3400 3600 200 238

And 4800 5200 400 563 96 022Including 4800 5000 200 918 110 022

And 6500 7100 600 199 012And 8700 8900 200 247 011And 9300 9500 200 214 55 014

S15-shy‐017 270 -shy‐55 193 10315 10400 085 979 430012800 13600 800 1046 83

including 12800 13030 230 3333 267 01315740 16100 360 116818000 18275 275 279 54 010

S15-shy‐018 270 -shy‐45 302 13900 14130 230 11118300 18500 200 613 01022100 22700 600 544 234

Including 22500 22700 200 132 63825100 25300 200 237

Page13 313 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐019 270 -shy‐50 215 1900 3100 1200 155including 1900 2100 200 243

And 2700 3100 400 3069600 11700 2100 090 01015900 17250 1350 278

Including 16300 16500 200 697

S15-shy‐020 270 -shy‐45 258 23600 23800 200 251

S15-shy‐021 270 -shy‐50 605 Hole13 abandonded13 in13 fault13 Poor13 recovery13 No13 significant13 values

S15-shy‐022 270 -shy‐50 254 15000 15200 200 78616800 17000 200 13517410 18900 1490 897

Including 17410 17700 290 3851 54Including 17410 17562 152 347

And 17562 17700 138 427 81

S15-shy‐023 270 -shy‐45 225 6000 8590 2590 077 011Including 8000 8200 200 458 012

16500 16700 200 243 01019300 19660 360 561 103

Including 19300 19460 160 917 13520800 21000 200 211 85

S15-shy‐024 270 -shy‐60 244 3200 3400 200 2937600 8000 400 35913625 13716 091 641 24017020 17220 200 314 5118300 19264 964 681 207 009

Including 18700 18870 170 141 204 014

S15-shy‐025 270 -shy‐45 181 1100 1300 200 3144100 4900 800 414

Including 4100 4215 115 172 98 01511100 13400 2300 143

Page13 413 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 Including 11100 11300 200 276

And 12800 13000 200 531

S15-shy‐026 270 -shy‐45 260 800 1000 200 477 12212250 12450 200 22414870 15270 400 31218250 19050 800 567 015

Including 18250 18450 200 89 80 027And 18850 19050 200 101 014

S15-shy‐027 266 -shy‐48 266 19400 19600 200 251

S15-shy‐028 270 -shy‐50 254 500 4900 4400 112Including 1100 1300 200 254

And 3500 3650 150 12216600 16700 100 87919800 20400 600 555 54

S15-shy‐029 266 -shy‐45 219 14740 14900 160 411 01120500 20700 200 735 5910

S15-shy‐030 270 -shy‐45 265 21450 21550 100 587 252024700 24900 200 213

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022Including 2900 3100 200 256 013

And 9300 9700 400 271 58 021And 10900 11100 200 283 013And 13500 13600 100 829 67 011And 19300 19500 200 473 145 032And 21700 21835 135 582 228 435

S15-shy‐032 270 -shy‐45 2943

S15-shy‐033 270 -shy‐45 117

S15-shy‐034 270 -shy‐57 196

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 513 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐035 265 -shy‐45 2425 2900 3100 200 25515900 16100 200 27816750 16900 150 670 713 08423020 23130 110 648 741

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008Including 14215 14675 460 180 75

S15-shy‐037 265 -shy‐45 220 3700 4100 400 315 5416900 17100 200 224 011

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010Including 1000 1200 200 334

And 11400 12400 1000 184 82 018

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017Including 1700 6100 4400 140 68 017Including 3100 3300 200 626 014

S15-shy‐040 265 -shy‐45 299 16900 18300 1400 190Including 16900 17000 100 704 77

And 17400 17510 110 582 10820570 20780 210 446 126 02323280 23930 650 13623280 23350 070 530 259 041

S15-shy‐041 265 -shy‐50 214 8500 8700 200 586 7814570 15500 930 395

Including 14570 14700 130 186And 15300 15500 200 427

19050 19200 150 995 53321300 21400 100 592 61

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005Including 2500 4200 1700 179Including 2500 2700 200 683 53

Page13 613 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 11330 11500 170 96716500 17600 1100 310

Including 16710 16930 220 55619200 19800 600 544 11119600 19800 200 102 29020700 20850 150 456

S15-shy‐043 265 -shy‐45 362 19700 20100 400 2424Including 19900 20100 200 448

21060 22200 1140 1673Including 21600 21800 200 818 56

23000 23400 400 2659Including 23000 23200 200 465

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 40 014Including 5700 5900 200 662 68 027

And 14100 14300 200 327 54 01320200 24973 4773 049 30 013

S15-shy‐045 265 -shy‐45 275 18500 18700 200 21321700 21900 200 235

S15-shy‐046 265 -shy‐45 266 4000 4400 400 30615900 16100 200 41919200 19600 400 1697 100

Including 19400 19600 200 298 150 015

S15-shy‐047 265 -shy‐45 320 12200 12400 200 23325495 25635 140 154 210 011

S15-shy‐048 265 -shy‐55 1498

S15-shy‐049 265 -shy‐45 269 12500 12700 200 23118500 19300 800 536

Including 18700 18900 200 12021100 22500 1400 782 011

Including 21500 21700 200 350 79 022

Abandoned13 Before13 Zone13 -shy‐13 No13 Significant13 Values

Page13 713 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 23500 23700 200 75624300 24500 200 590

S15-shy‐050 265 -shy‐50 338 28800 29000 200 983

S15-shy‐051 265 -shy‐50 385 2800 3000 200 2229030 9250 220 20721950 22150 200 286 117 01323750 23950 200 222

S15-shy‐052 265 -shy‐46 365 22575 22800 225 22029650 29800 150 451

S15-shy‐053 256 -shy‐46 341

S15-shy‐054 252 -shy‐45 256

S15-shy‐055 265 -shy‐45 3813 20000 20600 600 309Including 20460 20600 140 827

28650 28750 100 2310

S15-shy‐056 265 -shy‐50 365 25600 25800 200 22531300 31500 200 47635900 36000 100 267

S15-shy‐057 265 -shy‐46 395 21700 21900 200 236 37130200 30400 200 25132800 33000 200 832 127 038

S15-shy‐058 265 -shy‐45 212

S15-shy‐059 265 -shy‐65 21430

S15-shy‐060 265 -shy‐45 422 20700 21300 600 327Including 21100 21300 200 589

25200 27000 1800 613 008Including 25800 25900 100 110 010

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 813 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 And 26400 26500 100 300 52 006And 26830 27000 170 306 019

30400 30600 200 210

S15-shy‐061 265 -shy‐45 317 18000 18200 200 33518800 19000 200 23422400 30000 7600 113 24 006

including 22400 22600 200 208And 24600 24800 200 247And 26400 28200 1800 269

Including 26400 26600 200 578 63And 28000 28200 200 1190

29800 30000 200 206 84

S15-shy‐062 263 -shy‐45 740

S15-shy‐063 265 -shy‐45 4472 21930 22130 200 485 642 05323600 23800 200 27328400 28600 200 40539800 41800 2000 187

Including 39600 40400 800 404Including 40200 40400 200 875

41800 42000 200 289

S15-shy‐064 265 -shy‐45 473 19100 19300 200 325 106033600 33800 200 575

S15-shy‐06513 (Boundary)

265 -shy‐45 265 2800 3000 200 332

12686 12800 114 1050

S15-shy‐06613 13 13 13 (30013 Colour)

70 -shy‐50 182 3200 3400 200 464

S15-shy‐067 270 -shy‐50 404

No13 Significant13 Values

No13 Significant13 Values

Page13 913 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐06813 13 13 13

(30013 Colour)50 -shy‐50 242 5000 10200 5200 115

Including 5200 6800 1600 18713200 13400 200 231

S15-shy‐069 270 -shy‐45 470 5600 5810 210 293 1016400 6600 200 26629865 30005 140 594 7942000 42200 200 253 01042580 42680 100 1020 1170 024

S15-shy‐070 270 -shy‐46 449 33600 33800 200 46039340 39600 260 1018 660 02141110 41200 090 804 011

NotesAll13 values13 are13 un-shy‐cutTrue13 width13 is13 estimated13 to13 be13 5513 to13 7013 of13 down13 hole13 intervalAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

Porphyry13 Au-shy‐Ag-shy‐Cu13 Intervals13 for13 201513 Spectrum13 holes

DDH13 Azimuth DipTotal13

Depth13 (m)From13 (m) To13 (m)

Interval13 (m)

Au13 gt13 (uncut) Ag13 gt Cu13

S15-shy‐011 270 -shy‐45 2235 300 20600 20300 097 33 012

S15-shy‐012 270 -shy‐55 251 250 23800 23550 141 42 007

S15-shy‐013 270 -shy‐45 200 300 19800 19500 075 39 015

S15-shy‐014 270 -shy‐58 2175 300 21200 20900 122 48 017

S15-shy‐016 270 -shy‐48 179 1130 17600 16470 090 41 014

S15-shy‐023 270 -shy‐45 225 430 21000 20570 047 28 009

S15-shy‐024 270 -shy‐60 244 300 19264 18964 088 26 006

S15-shy‐025 270 -shy‐45 181 1100 16600 15500 074 16 005

S15-shy‐026 270 -shy‐45 260 12050 22095 10045 092 22 006

S15-shy‐028 270 -shy‐50 254 500 22900 22400 061 29 007

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 402 014And 20200 24973 4773 049 302 013

All13 values13 are13 un-shy‐cutAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

sup3

sup3

sup3sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3 sup3

sup3 sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3 sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3

$1

$1

$1

$1

$1

$1

$1$1

$1

$1

$1

$1 $1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1 $1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1$1

$1

$1

$1

$1

$1$1

$1$1$1

$1$1

$1

$1

$1

$1

$1

$1

$1

$1

$1$1

$1 $1

$1

$1

$1

$1

$1

$1$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1$1

$1

$1

$1

$1

$1

$1

$1

$1

$1$1

$1

$1

$1

$1

$1

$1

$1

$1$1

$1$1

$1

$1$1

$1

$1

$1

$1

$1

$1$1

$1

$1

$1$1

$1

$1

$1

$1 $1

$1

$1

$1

$1$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1$1

$1$1

$1

$1

$1

$1

$1

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$1

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$1$1

$1

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$1 $1

$1

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$1

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$1 $1

$1

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$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1$1

$1 $1$1

$1

$1

1600 m

S15-037

S15-035S15-029

S15-027

S15-026

S15-025

S15-032S15-030

S15-039S15-022S15-024

S15-040

S15-036S15-034 S15-060

S15-031

S15-028S15-041

S15-043

S15-049

S-4S-3

S-2

S15-038

4850N

4890N

5035N

5010N

5195N

S15-047

S15-044 S15-046

S15-050

S15-042

S15-048

S15-045

S15-052

S15-051

4975N

5150N

5235N

5095N

4810N

4750N

4700N

4930N

5285N

S91-82

14-SP-009

S91-83

S91-73

S91-66

S89-34

S91-71

S80-21

S91-70

S91-85

S91-78

S91-86

S90-46

S91-74

S80-13

14-SP-001

14-SP-004

S80-14

S91-81

14-SP-007

S91-68

S91-79

S91-63

S91-84

S90-51

S89-35

14-SP-006S90-59

S80-11

S90-52

S90-49

S90-54

S92-90

S80-12

S90-55

S91-80

S89-37

S79-08

S80-22

S90-56

S90-44

S79-06

S91-64

S90-50

S90-45

S90-58

S90-60

S90-43

S91-75

S92-92

S92-91

S89-36

S80-17

S90-61

S-1

S89-41

14-SP-005

S80-20

S90-47

14-SP-002

14-SP-008

S79-03

S80-26

S80-24

S80-18

S89-33

S80-28

S80-15

S79-02

S79-10

S90-62S91-67

S79-01

S90-57

S79-05

S80-27

S80-25

S79-07

S80-19

S79-04

S79-09

S90-48

S91-65

S91-69

S91-72S91-76

S91-77

14-SP-003

S80-16

S90-53

S89-39

S15-015

S15-010

S15-012

S15-017

S15-016

S15-011

S15-013S15-014

S15-018

S15-019

S15-020

S15-023

S15-056

S15-053

S15-054

S15-058

S15-064

S15-055

S15-057

S15-059

S15-033

S15-061

S15-063

S15-064

S15-062

S15-065S15-066

S15-068

S15-067S15-070

S15-069S15-021

Mt Edziza FlowsMt Edziza Flows

Stuhini VolcanicsStuhini Volcanics

Stuhini VolcanicsStuhini Volcanics

1500 m

1700 m

410800

410800

411000

411000

411200

411200

411400

411400

411600

411600

411800

411800

6394

600

6394

600

6394

800

6394

800

6395

000

6395

000

6395

200

6395

200

0 50 100 15025

Meters

sup3

500 Colour Zone

Central Zone(Porphyry and QC Structures)

O P E N

O P E N

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Exploration Trail

Cross Section Line

Monzonite

sup3$1 2015 Drill Hole (Complete)

sup3 2015 Drill Hole (In Progress)$1

sup3 2014 Drill Hole

sup3 Historic Drill Hole

$1

$1

Road Zone

Spectrum GoldDiamond Drill Hole Plan Map

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 0020

Date - 2012610 5Drawn By - CSG

TSX-V SKE

O P E N

Boundary Zone

O P E N

O P E N

O P E NO P E N

O P E N

300 Colour Zone

O P E N

O P E N

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410800 E

410850 E

410850 E

410900 E

410900 E

410950 E

410950 E

6395200 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m 1600 m

1650 m 1650 m

1700 m 1700 m

2m 464 gt Au

100 m

S15-066

S15-066

TSXV SKE

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410820 E

410840 E

410860 E

410880 E

410880 E

410900 E

410900 E

410920 E

410920 E

410940 E

410940 E

410960 E

410960 E

410980 E

410980 E

6395080 N

6395100 N

6395120 N

6395140 N

6395140 N

6395160 N

6395160 N

6395180 N

6395180 N

6395200 N

6395200 N

6395220 N

6395220 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m

1650 m 1650 m

1700 m 1700 m

559

294552

m 115 gt Au

2m 231 gt Au

100 m

S15-068

S15-068

S89-37

S89-3

7

S90-43

S90-43

100 m

S90-44

S90-44

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4610N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Monzonite (Lower)

100 m

200 m

S15-058

S15-058

(NSV)

100 m

200 m

S15-059

S15-059(NSV)

S90-49

100 m

S90-49

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4645N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-054

S15-054

(NSV)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4700N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

100 m

300 m

S15-043

S15-043

100 m

200 m

300 m

S90-50

100 m

S90-50

300 m

200 m

100 m

S15-061

S15-061

S15-063

S15-063

101m 072 gt Au

137m 112 gt Au

4m 2424 gt AuIncluding2m 448 gt Au

114m 1673 gt AuIncluding2m 818 gt Au

4m 2659 gt AuIncluding2m 465 gt Au2m 668 gt Au

2m

335 gt Au

2m 234 gt Au

2m 208 gt Au

2m 247 gt Au

18m 269 gt Au

2m 206 gt Au

2m 485 gt Au

2m 273 gt Au

2m 405 gt A

uIncluding2m 578 gt Au

2m 119 gt Au

2m 289 gt A

u

8m 404 gt AuIncluding

2m 875 gt Au

4480

8180

4650668

578

1190

875

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-009

14-SP-009

100 m

200 m

S15-010

S15-010

100 m

200 m

S15-013

S15-013

100 m

200 m

S15-014

S15-014

100 m

200 m

300 m

400 m

S15-045

S15-045

300 m

100 m

S79-02

S79-02

100 m

S80-18

S80-18

100 m

S89-34

S89-34

100 m

200 m

S15-055

S15-055

100 m

200 m

300 m

400 m

S15-064

S15-064

17m

419 gt Au

2m 292 gt Au

198m 134 gt Au

212m 224 gt Au

17m 1783 gt Au

141m 028 gt Au

31m

02 gt Au

127m 126 gt AuIncluding13m 338 gt Au2m 222 gt Au2m 227 gt Au2m 290 gt Au10m 23 gt Au

1695m 495 gt AuIncluding7m of 795 gt Au

33m 184 gt AuIncluding15m 475 gt Au

36m 164 gt AuIncluding2m 221 gt Au

2m 168 gt Au

2m 107 gt Au

4m 1367 gt Au

2m 179 gt Au

2m 10 gt Au

1m 111 gt Au

2m 2545 gt Au

6m 312 gt Au

2m 213 gt Au

175m 117 gt Au

2m 281 gt Au

14m 159 gt Au

19m 544 gt Au

415m 214 gt Au

4m 318 gt Au

2m 243 gt Au

5m 225 gt Au

4m 16 gt Au

2m 213 gt Au

2m 235 gt Au

14m 827 gt Au

6m 309 gt AuIncluding

1m 231 gt Au

2m 325 gt Au

2m 575 gt A

u

5252210

10001110

25450

9282210

1590

960

12101240

2130

1170

827

2310

575

1460

607

2256

614

1783

934

(Looking North)

Spectrum Gold Project - Section 4750N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

536

843

979

856

212

265328

240

205334

383

233

354203

950

271

247

345211

439

2983780

223

204

4980

287285

641774

238

918

207

296224

247214

223

398

799

353

219

226288

254

219

562

247

233

785

298

291

1196675

273

683

967

556

6021020

231

495

1200

390

220

3500

684447

356

756

590

324

220

451

832

645

1390

804

6m 786 gt Au

16m 856 gt Au

738m 179 gt Au

38m 128 gt Au

6m 207 gt Au

4m 286 gt Au

4m 708 gt Au

40m 131 gt Au

425m 136 gt Au

799m 156 gt Au

1247m 084 gt Au

61m 162 gt AuIncluding2m 238 gt Au4m 562 gt Au6m 199 gt Au2m 247 gt Au2m 214 gt Au

36m 104 gt AuIncluding5m 2 gt Au2m 228 gt Au135m 24 gt Au

12m 362 gt AuIncluding2m 95 gt Au

184m 64 gt AuIncluding39m 2527 gt AuAlso Including19m 50 gt Au

17m 18 gt AuIncluding20m 683 gt Au30m 245 gt Au

17m 967 gt Au

11m 31 gt AuIncluding22m 556 gt Au

6m 544 gt AuIncluding2m 102 gt Au

15m 456 gt Au

66m 1059 gt AuIncluding14m 378 gt Au

2m

231 gt Au

8m 536 gt AuIncluding2m 12 gt Au

14m 782 gt AuIncluding2m 35 gt Au

2m

756 gt Au

2m

59 gt A

u

225m

22 gt Au

15m

451 gt Au

2m 236 gt Au

2m 251 gt Au

2m 832 gt Au

2m 46 gt Au

26m 1018 gt Au

09m 804 gt Au

200 m

S15-011

S15-011

S15-012

S15-012

100 m

S15-016

S15-016

100 m

200 m

300 m

S15-042

S15-042

100 m

S15-048

S15-048(NSV)

100 m

200 m

S15-049

S15-049

100 m

200 m

300 m

S15-052

S15-052

100 m

200 m

300 m

S15-057

S15-057

100 m

S79-01

S79-01

S79-03

S80-19

S80-19

100 m

S92-92

S92-92

S15-070

100 m

200 m

300 m

400 m

S15-07

0

(Looking North)

Spectrum Gold Project - Section 4810N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

294

288

883613587

228

379

7450

504

254

1220

879

222

207

286

222

229

706

315

312

291

607

363

315

459

2670

594

2m 294 gt Au

2m 288 gt Au

2615m 821 gt AuIncluding915m 473 gt AuAlso Including215m 88 gt Au15m 61 gt Au2m 59 gt Au35m 442 gt AuAlso Including2m 745 gt Au

44m 112 gt AuIncluding2m 254 gt Au15m 122 gt Au

1m 879 gt Au

137m 064 gt Au

14m 262 gt Au

6m 204 gt Au

87m 286 gt Au

8m 218 gt Au

55m 344 gt Au

6m 555 gt Au

20m

222 gt Au

22m 207 gt Au

2m 286 gt A

u2m 222 gt A

u

2m 225 gt Au

2m 476 gt Au

1m 267 gt Au

11m 282 gt A

u

21m 293 gt Au

2m 266 gt Au

14m 594 gt Au

200 m

S15-015

S15-015

S15-021

S15-021

100 m

S15-028

100 m

200 m

300 m

S15-051

S15-051

100 m

200 m

300 m

S15-056

S15-056

S15-062

(NSV)

300 m

400 m

500 m

S15-062(Cont on 4890N)

S80-23

100 m

S80-23100 m

S80-26

S80-2

6100 m

S80-27

S80-27

S90-48

S90-48

S15-028

100 m

200 m

300 m

400 m

S15-067

S15-067

S15-069

100 m

200 m

400 m

S15-069

(Cont on 4890N)

(Looking North)

Spectrum Gold Project - Section 4850N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

41

11

00

E4

11

10

0 E

41

11

50

E4

11

15

0 E

41

12

00

E4

11

20

0 E

41

12

50

E4

11

25

0 E

41

13

00

E4

11

30

0 E

41

13

50

E4

11

35

0 E

41

14

00

E

41

14

50

E

41

15

00

E4

11

50

0 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

243

316

295

266697256

272359

879

925690

256

274

268

283

829

207

473

582

586

1860427

995

592

983

8090

288

240

405

1587

442

405

261

208

1020

12m 154 gt AuIncluding2m 243 gt Au4m 306 gt Au

21m

09 gt Au

135m 278 gt AuIncluding2m 697 gt Au

1m 879 gt Au

6m 555 gt Au

2m 256 gt Au

4m 271 gt Au

2m 283 gt Au

1m 829 gt Au

2m 473 gt Au

135m 582 gt Au

2m 586 gt Au

93m 395 gt AuIncluding13m 186 gt Au2m 427 gt Au

15m 995 gt Au1m 592 gt Au

23m 809 gt Au

9m 173 gt Au

122m 157 gt Au

85m 123 gt Au

47m 279 gt Au

19m 39 gt Au

144m 117 gt Au

2m 983 gt A

u

2m 253 gt A

u

1m 102 gt A

u

100 m

200 m

S15-019

S15-019

S15-028

S15-028

100 m

200 m

S15-031

S15-031

100 m

200 m

S15-041

S15-041

100 m

200 m

300 m

S15-050

S15-050

100 m

200 m

300 m

S15-053

S15-053

S15-062

(Cont from

4850N)

600 m

S15-062(NSV)

S79-04S79-05

S79-05

S79-06

S79-06

S79-07

S79-08

S79-08

S80-23

S80-23

S80-28

S80-28

100 m

S89-35

S89-35

100 m

S92-91

S92-91

S1

5-0

69

(Co

nt fro

m 4

85

0N)

400

m

S1

5-0

69

(Looking North)

Spectrum Gold Project - Section 4890N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

500 Colour Zone

Central Zone(Porphyry and QC structures)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 20:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

Page13 213 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 3000 3500 500 225 0225100 5500 400 160 0247700 9395 1695 495 205 070

including 8300 9000 700 795 355 09315300 15500 200 213 6317100 17275 175 11720800 21000 200 281 72 011

S15-shy‐015 270 -shy‐50 259 2800 3000 200 2943800 4000 200 28816385 19000 2615 821

Including 16385 17300 915 473And 16385 16600 215 883And 16750 16900 150 613And 17100 17300 200 587And 18050 18400 350 442 75

Including 18200 18400 200 745 85

S15-shy‐016 270 -shy‐48 179 3400 9500 6100 162 014Including 3400 3600 200 238

And 4800 5200 400 563 96 022Including 4800 5000 200 918 110 022

And 6500 7100 600 199 012And 8700 8900 200 247 011And 9300 9500 200 214 55 014

S15-shy‐017 270 -shy‐55 193 10315 10400 085 979 430012800 13600 800 1046 83

including 12800 13030 230 3333 267 01315740 16100 360 116818000 18275 275 279 54 010

S15-shy‐018 270 -shy‐45 302 13900 14130 230 11118300 18500 200 613 01022100 22700 600 544 234

Including 22500 22700 200 132 63825100 25300 200 237

Page13 313 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐019 270 -shy‐50 215 1900 3100 1200 155including 1900 2100 200 243

And 2700 3100 400 3069600 11700 2100 090 01015900 17250 1350 278

Including 16300 16500 200 697

S15-shy‐020 270 -shy‐45 258 23600 23800 200 251

S15-shy‐021 270 -shy‐50 605 Hole13 abandonded13 in13 fault13 Poor13 recovery13 No13 significant13 values

S15-shy‐022 270 -shy‐50 254 15000 15200 200 78616800 17000 200 13517410 18900 1490 897

Including 17410 17700 290 3851 54Including 17410 17562 152 347

And 17562 17700 138 427 81

S15-shy‐023 270 -shy‐45 225 6000 8590 2590 077 011Including 8000 8200 200 458 012

16500 16700 200 243 01019300 19660 360 561 103

Including 19300 19460 160 917 13520800 21000 200 211 85

S15-shy‐024 270 -shy‐60 244 3200 3400 200 2937600 8000 400 35913625 13716 091 641 24017020 17220 200 314 5118300 19264 964 681 207 009

Including 18700 18870 170 141 204 014

S15-shy‐025 270 -shy‐45 181 1100 1300 200 3144100 4900 800 414

Including 4100 4215 115 172 98 01511100 13400 2300 143

Page13 413 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 Including 11100 11300 200 276

And 12800 13000 200 531

S15-shy‐026 270 -shy‐45 260 800 1000 200 477 12212250 12450 200 22414870 15270 400 31218250 19050 800 567 015

Including 18250 18450 200 89 80 027And 18850 19050 200 101 014

S15-shy‐027 266 -shy‐48 266 19400 19600 200 251

S15-shy‐028 270 -shy‐50 254 500 4900 4400 112Including 1100 1300 200 254

And 3500 3650 150 12216600 16700 100 87919800 20400 600 555 54

S15-shy‐029 266 -shy‐45 219 14740 14900 160 411 01120500 20700 200 735 5910

S15-shy‐030 270 -shy‐45 265 21450 21550 100 587 252024700 24900 200 213

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022Including 2900 3100 200 256 013

And 9300 9700 400 271 58 021And 10900 11100 200 283 013And 13500 13600 100 829 67 011And 19300 19500 200 473 145 032And 21700 21835 135 582 228 435

S15-shy‐032 270 -shy‐45 2943

S15-shy‐033 270 -shy‐45 117

S15-shy‐034 270 -shy‐57 196

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 513 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐035 265 -shy‐45 2425 2900 3100 200 25515900 16100 200 27816750 16900 150 670 713 08423020 23130 110 648 741

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008Including 14215 14675 460 180 75

S15-shy‐037 265 -shy‐45 220 3700 4100 400 315 5416900 17100 200 224 011

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010Including 1000 1200 200 334

And 11400 12400 1000 184 82 018

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017Including 1700 6100 4400 140 68 017Including 3100 3300 200 626 014

S15-shy‐040 265 -shy‐45 299 16900 18300 1400 190Including 16900 17000 100 704 77

And 17400 17510 110 582 10820570 20780 210 446 126 02323280 23930 650 13623280 23350 070 530 259 041

S15-shy‐041 265 -shy‐50 214 8500 8700 200 586 7814570 15500 930 395

Including 14570 14700 130 186And 15300 15500 200 427

19050 19200 150 995 53321300 21400 100 592 61

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005Including 2500 4200 1700 179Including 2500 2700 200 683 53

Page13 613 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 11330 11500 170 96716500 17600 1100 310

Including 16710 16930 220 55619200 19800 600 544 11119600 19800 200 102 29020700 20850 150 456

S15-shy‐043 265 -shy‐45 362 19700 20100 400 2424Including 19900 20100 200 448

21060 22200 1140 1673Including 21600 21800 200 818 56

23000 23400 400 2659Including 23000 23200 200 465

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 40 014Including 5700 5900 200 662 68 027

And 14100 14300 200 327 54 01320200 24973 4773 049 30 013

S15-shy‐045 265 -shy‐45 275 18500 18700 200 21321700 21900 200 235

S15-shy‐046 265 -shy‐45 266 4000 4400 400 30615900 16100 200 41919200 19600 400 1697 100

Including 19400 19600 200 298 150 015

S15-shy‐047 265 -shy‐45 320 12200 12400 200 23325495 25635 140 154 210 011

S15-shy‐048 265 -shy‐55 1498

S15-shy‐049 265 -shy‐45 269 12500 12700 200 23118500 19300 800 536

Including 18700 18900 200 12021100 22500 1400 782 011

Including 21500 21700 200 350 79 022

Abandoned13 Before13 Zone13 -shy‐13 No13 Significant13 Values

Page13 713 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 23500 23700 200 75624300 24500 200 590

S15-shy‐050 265 -shy‐50 338 28800 29000 200 983

S15-shy‐051 265 -shy‐50 385 2800 3000 200 2229030 9250 220 20721950 22150 200 286 117 01323750 23950 200 222

S15-shy‐052 265 -shy‐46 365 22575 22800 225 22029650 29800 150 451

S15-shy‐053 256 -shy‐46 341

S15-shy‐054 252 -shy‐45 256

S15-shy‐055 265 -shy‐45 3813 20000 20600 600 309Including 20460 20600 140 827

28650 28750 100 2310

S15-shy‐056 265 -shy‐50 365 25600 25800 200 22531300 31500 200 47635900 36000 100 267

S15-shy‐057 265 -shy‐46 395 21700 21900 200 236 37130200 30400 200 25132800 33000 200 832 127 038

S15-shy‐058 265 -shy‐45 212

S15-shy‐059 265 -shy‐65 21430

S15-shy‐060 265 -shy‐45 422 20700 21300 600 327Including 21100 21300 200 589

25200 27000 1800 613 008Including 25800 25900 100 110 010

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 813 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 And 26400 26500 100 300 52 006And 26830 27000 170 306 019

30400 30600 200 210

S15-shy‐061 265 -shy‐45 317 18000 18200 200 33518800 19000 200 23422400 30000 7600 113 24 006

including 22400 22600 200 208And 24600 24800 200 247And 26400 28200 1800 269

Including 26400 26600 200 578 63And 28000 28200 200 1190

29800 30000 200 206 84

S15-shy‐062 263 -shy‐45 740

S15-shy‐063 265 -shy‐45 4472 21930 22130 200 485 642 05323600 23800 200 27328400 28600 200 40539800 41800 2000 187

Including 39600 40400 800 404Including 40200 40400 200 875

41800 42000 200 289

S15-shy‐064 265 -shy‐45 473 19100 19300 200 325 106033600 33800 200 575

S15-shy‐06513 (Boundary)

265 -shy‐45 265 2800 3000 200 332

12686 12800 114 1050

S15-shy‐06613 13 13 13 (30013 Colour)

70 -shy‐50 182 3200 3400 200 464

S15-shy‐067 270 -shy‐50 404

No13 Significant13 Values

No13 Significant13 Values

Page13 913 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐06813 13 13 13

(30013 Colour)50 -shy‐50 242 5000 10200 5200 115

Including 5200 6800 1600 18713200 13400 200 231

S15-shy‐069 270 -shy‐45 470 5600 5810 210 293 1016400 6600 200 26629865 30005 140 594 7942000 42200 200 253 01042580 42680 100 1020 1170 024

S15-shy‐070 270 -shy‐46 449 33600 33800 200 46039340 39600 260 1018 660 02141110 41200 090 804 011

NotesAll13 values13 are13 un-shy‐cutTrue13 width13 is13 estimated13 to13 be13 5513 to13 7013 of13 down13 hole13 intervalAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

Porphyry13 Au-shy‐Ag-shy‐Cu13 Intervals13 for13 201513 Spectrum13 holes

DDH13 Azimuth DipTotal13

Depth13 (m)From13 (m) To13 (m)

Interval13 (m)

Au13 gt13 (uncut) Ag13 gt Cu13

S15-shy‐011 270 -shy‐45 2235 300 20600 20300 097 33 012

S15-shy‐012 270 -shy‐55 251 250 23800 23550 141 42 007

S15-shy‐013 270 -shy‐45 200 300 19800 19500 075 39 015

S15-shy‐014 270 -shy‐58 2175 300 21200 20900 122 48 017

S15-shy‐016 270 -shy‐48 179 1130 17600 16470 090 41 014

S15-shy‐023 270 -shy‐45 225 430 21000 20570 047 28 009

S15-shy‐024 270 -shy‐60 244 300 19264 18964 088 26 006

S15-shy‐025 270 -shy‐45 181 1100 16600 15500 074 16 005

S15-shy‐026 270 -shy‐45 260 12050 22095 10045 092 22 006

S15-shy‐028 270 -shy‐50 254 500 22900 22400 061 29 007

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 402 014And 20200 24973 4773 049 302 013

All13 values13 are13 un-shy‐cutAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

sup3

sup3

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sup3

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sup3

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sup3

sup3

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sup3

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sup3

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sup3

sup3

sup3

sup3

sup3

sup3

sup3 sup3

sup3 sup3

sup3

sup3

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sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3 sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3

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1600 m

S15-037

S15-035S15-029

S15-027

S15-026

S15-025

S15-032S15-030

S15-039S15-022S15-024

S15-040

S15-036S15-034 S15-060

S15-031

S15-028S15-041

S15-043

S15-049

S-4S-3

S-2

S15-038

4850N

4890N

5035N

5010N

5195N

S15-047

S15-044 S15-046

S15-050

S15-042

S15-048

S15-045

S15-052

S15-051

4975N

5150N

5235N

5095N

4810N

4750N

4700N

4930N

5285N

S91-82

14-SP-009

S91-83

S91-73

S91-66

S89-34

S91-71

S80-21

S91-70

S91-85

S91-78

S91-86

S90-46

S91-74

S80-13

14-SP-001

14-SP-004

S80-14

S91-81

14-SP-007

S91-68

S91-79

S91-63

S91-84

S90-51

S89-35

14-SP-006S90-59

S80-11

S90-52

S90-49

S90-54

S92-90

S80-12

S90-55

S91-80

S89-37

S79-08

S80-22

S90-56

S90-44

S79-06

S91-64

S90-50

S90-45

S90-58

S90-60

S90-43

S91-75

S92-92

S92-91

S89-36

S80-17

S90-61

S-1

S89-41

14-SP-005

S80-20

S90-47

14-SP-002

14-SP-008

S79-03

S80-26

S80-24

S80-18

S89-33

S80-28

S80-15

S79-02

S79-10

S90-62S91-67

S79-01

S90-57

S79-05

S80-27

S80-25

S79-07

S80-19

S79-04

S79-09

S90-48

S91-65

S91-69

S91-72S91-76

S91-77

14-SP-003

S80-16

S90-53

S89-39

S15-015

S15-010

S15-012

S15-017

S15-016

S15-011

S15-013S15-014

S15-018

S15-019

S15-020

S15-023

S15-056

S15-053

S15-054

S15-058

S15-064

S15-055

S15-057

S15-059

S15-033

S15-061

S15-063

S15-064

S15-062

S15-065S15-066

S15-068

S15-067S15-070

S15-069S15-021

Mt Edziza FlowsMt Edziza Flows

Stuhini VolcanicsStuhini Volcanics

Stuhini VolcanicsStuhini Volcanics

1500 m

1700 m

410800

410800

411000

411000

411200

411200

411400

411400

411600

411600

411800

411800

6394

600

6394

600

6394

800

6394

800

6395

000

6395

000

6395

200

6395

200

0 50 100 15025

Meters

sup3

500 Colour Zone

Central Zone(Porphyry and QC Structures)

O P E N

O P E N

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Exploration Trail

Cross Section Line

Monzonite

sup3$1 2015 Drill Hole (Complete)

sup3 2015 Drill Hole (In Progress)$1

sup3 2014 Drill Hole

sup3 Historic Drill Hole

$1

$1

Road Zone

Spectrum GoldDiamond Drill Hole Plan Map

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 0020

Date - 2012610 5Drawn By - CSG

TSX-V SKE

O P E N

Boundary Zone

O P E N

O P E N

O P E NO P E N

O P E N

300 Colour Zone

O P E N

O P E N

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410800 E

410850 E

410850 E

410900 E

410900 E

410950 E

410950 E

6395200 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m 1600 m

1650 m 1650 m

1700 m 1700 m

2m 464 gt Au

100 m

S15-066

S15-066

TSXV SKE

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410820 E

410840 E

410860 E

410880 E

410880 E

410900 E

410900 E

410920 E

410920 E

410940 E

410940 E

410960 E

410960 E

410980 E

410980 E

6395080 N

6395100 N

6395120 N

6395140 N

6395140 N

6395160 N

6395160 N

6395180 N

6395180 N

6395200 N

6395200 N

6395220 N

6395220 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m

1650 m 1650 m

1700 m 1700 m

559

294552

m 115 gt Au

2m 231 gt Au

100 m

S15-068

S15-068

S89-37

S89-3

7

S90-43

S90-43

100 m

S90-44

S90-44

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4610N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Monzonite (Lower)

100 m

200 m

S15-058

S15-058

(NSV)

100 m

200 m

S15-059

S15-059(NSV)

S90-49

100 m

S90-49

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4645N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-054

S15-054

(NSV)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4700N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

100 m

300 m

S15-043

S15-043

100 m

200 m

300 m

S90-50

100 m

S90-50

300 m

200 m

100 m

S15-061

S15-061

S15-063

S15-063

101m 072 gt Au

137m 112 gt Au

4m 2424 gt AuIncluding2m 448 gt Au

114m 1673 gt AuIncluding2m 818 gt Au

4m 2659 gt AuIncluding2m 465 gt Au2m 668 gt Au

2m

335 gt Au

2m 234 gt Au

2m 208 gt Au

2m 247 gt Au

18m 269 gt Au

2m 206 gt Au

2m 485 gt Au

2m 273 gt Au

2m 405 gt A

uIncluding2m 578 gt Au

2m 119 gt Au

2m 289 gt A

u

8m 404 gt AuIncluding

2m 875 gt Au

4480

8180

4650668

578

1190

875

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-009

14-SP-009

100 m

200 m

S15-010

S15-010

100 m

200 m

S15-013

S15-013

100 m

200 m

S15-014

S15-014

100 m

200 m

300 m

400 m

S15-045

S15-045

300 m

100 m

S79-02

S79-02

100 m

S80-18

S80-18

100 m

S89-34

S89-34

100 m

200 m

S15-055

S15-055

100 m

200 m

300 m

400 m

S15-064

S15-064

17m

419 gt Au

2m 292 gt Au

198m 134 gt Au

212m 224 gt Au

17m 1783 gt Au

141m 028 gt Au

31m

02 gt Au

127m 126 gt AuIncluding13m 338 gt Au2m 222 gt Au2m 227 gt Au2m 290 gt Au10m 23 gt Au

1695m 495 gt AuIncluding7m of 795 gt Au

33m 184 gt AuIncluding15m 475 gt Au

36m 164 gt AuIncluding2m 221 gt Au

2m 168 gt Au

2m 107 gt Au

4m 1367 gt Au

2m 179 gt Au

2m 10 gt Au

1m 111 gt Au

2m 2545 gt Au

6m 312 gt Au

2m 213 gt Au

175m 117 gt Au

2m 281 gt Au

14m 159 gt Au

19m 544 gt Au

415m 214 gt Au

4m 318 gt Au

2m 243 gt Au

5m 225 gt Au

4m 16 gt Au

2m 213 gt Au

2m 235 gt Au

14m 827 gt Au

6m 309 gt AuIncluding

1m 231 gt Au

2m 325 gt Au

2m 575 gt A

u

5252210

10001110

25450

9282210

1590

960

12101240

2130

1170

827

2310

575

1460

607

2256

614

1783

934

(Looking North)

Spectrum Gold Project - Section 4750N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

536

843

979

856

212

265328

240

205334

383

233

354203

950

271

247

345211

439

2983780

223

204

4980

287285

641774

238

918

207

296224

247214

223

398

799

353

219

226288

254

219

562

247

233

785

298

291

1196675

273

683

967

556

6021020

231

495

1200

390

220

3500

684447

356

756

590

324

220

451

832

645

1390

804

6m 786 gt Au

16m 856 gt Au

738m 179 gt Au

38m 128 gt Au

6m 207 gt Au

4m 286 gt Au

4m 708 gt Au

40m 131 gt Au

425m 136 gt Au

799m 156 gt Au

1247m 084 gt Au

61m 162 gt AuIncluding2m 238 gt Au4m 562 gt Au6m 199 gt Au2m 247 gt Au2m 214 gt Au

36m 104 gt AuIncluding5m 2 gt Au2m 228 gt Au135m 24 gt Au

12m 362 gt AuIncluding2m 95 gt Au

184m 64 gt AuIncluding39m 2527 gt AuAlso Including19m 50 gt Au

17m 18 gt AuIncluding20m 683 gt Au30m 245 gt Au

17m 967 gt Au

11m 31 gt AuIncluding22m 556 gt Au

6m 544 gt AuIncluding2m 102 gt Au

15m 456 gt Au

66m 1059 gt AuIncluding14m 378 gt Au

2m

231 gt Au

8m 536 gt AuIncluding2m 12 gt Au

14m 782 gt AuIncluding2m 35 gt Au

2m

756 gt Au

2m

59 gt A

u

225m

22 gt Au

15m

451 gt Au

2m 236 gt Au

2m 251 gt Au

2m 832 gt Au

2m 46 gt Au

26m 1018 gt Au

09m 804 gt Au

200 m

S15-011

S15-011

S15-012

S15-012

100 m

S15-016

S15-016

100 m

200 m

300 m

S15-042

S15-042

100 m

S15-048

S15-048(NSV)

100 m

200 m

S15-049

S15-049

100 m

200 m

300 m

S15-052

S15-052

100 m

200 m

300 m

S15-057

S15-057

100 m

S79-01

S79-01

S79-03

S80-19

S80-19

100 m

S92-92

S92-92

S15-070

100 m

200 m

300 m

400 m

S15-07

0

(Looking North)

Spectrum Gold Project - Section 4810N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

294

288

883613587

228

379

7450

504

254

1220

879

222

207

286

222

229

706

315

312

291

607

363

315

459

2670

594

2m 294 gt Au

2m 288 gt Au

2615m 821 gt AuIncluding915m 473 gt AuAlso Including215m 88 gt Au15m 61 gt Au2m 59 gt Au35m 442 gt AuAlso Including2m 745 gt Au

44m 112 gt AuIncluding2m 254 gt Au15m 122 gt Au

1m 879 gt Au

137m 064 gt Au

14m 262 gt Au

6m 204 gt Au

87m 286 gt Au

8m 218 gt Au

55m 344 gt Au

6m 555 gt Au

20m

222 gt Au

22m 207 gt Au

2m 286 gt A

u2m 222 gt A

u

2m 225 gt Au

2m 476 gt Au

1m 267 gt Au

11m 282 gt A

u

21m 293 gt Au

2m 266 gt Au

14m 594 gt Au

200 m

S15-015

S15-015

S15-021

S15-021

100 m

S15-028

100 m

200 m

300 m

S15-051

S15-051

100 m

200 m

300 m

S15-056

S15-056

S15-062

(NSV)

300 m

400 m

500 m

S15-062(Cont on 4890N)

S80-23

100 m

S80-23100 m

S80-26

S80-2

6100 m

S80-27

S80-27

S90-48

S90-48

S15-028

100 m

200 m

300 m

400 m

S15-067

S15-067

S15-069

100 m

200 m

400 m

S15-069

(Cont on 4890N)

(Looking North)

Spectrum Gold Project - Section 4850N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

41

11

00

E4

11

10

0 E

41

11

50

E4

11

15

0 E

41

12

00

E4

11

20

0 E

41

12

50

E4

11

25

0 E

41

13

00

E4

11

30

0 E

41

13

50

E4

11

35

0 E

41

14

00

E

41

14

50

E

41

15

00

E4

11

50

0 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

243

316

295

266697256

272359

879

925690

256

274

268

283

829

207

473

582

586

1860427

995

592

983

8090

288

240

405

1587

442

405

261

208

1020

12m 154 gt AuIncluding2m 243 gt Au4m 306 gt Au

21m

09 gt Au

135m 278 gt AuIncluding2m 697 gt Au

1m 879 gt Au

6m 555 gt Au

2m 256 gt Au

4m 271 gt Au

2m 283 gt Au

1m 829 gt Au

2m 473 gt Au

135m 582 gt Au

2m 586 gt Au

93m 395 gt AuIncluding13m 186 gt Au2m 427 gt Au

15m 995 gt Au1m 592 gt Au

23m 809 gt Au

9m 173 gt Au

122m 157 gt Au

85m 123 gt Au

47m 279 gt Au

19m 39 gt Au

144m 117 gt Au

2m 983 gt A

u

2m 253 gt A

u

1m 102 gt A

u

100 m

200 m

S15-019

S15-019

S15-028

S15-028

100 m

200 m

S15-031

S15-031

100 m

200 m

S15-041

S15-041

100 m

200 m

300 m

S15-050

S15-050

100 m

200 m

300 m

S15-053

S15-053

S15-062

(Cont from

4850N)

600 m

S15-062(NSV)

S79-04S79-05

S79-05

S79-06

S79-06

S79-07

S79-08

S79-08

S80-23

S80-23

S80-28

S80-28

100 m

S89-35

S89-35

100 m

S92-91

S92-91

S1

5-0

69

(Co

nt fro

m 4

85

0N)

400

m

S1

5-0

69

(Looking North)

Spectrum Gold Project - Section 4890N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

500 Colour Zone

Central Zone(Porphyry and QC structures)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 21:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

Page13 313 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐019 270 -shy‐50 215 1900 3100 1200 155including 1900 2100 200 243

And 2700 3100 400 3069600 11700 2100 090 01015900 17250 1350 278

Including 16300 16500 200 697

S15-shy‐020 270 -shy‐45 258 23600 23800 200 251

S15-shy‐021 270 -shy‐50 605 Hole13 abandonded13 in13 fault13 Poor13 recovery13 No13 significant13 values

S15-shy‐022 270 -shy‐50 254 15000 15200 200 78616800 17000 200 13517410 18900 1490 897

Including 17410 17700 290 3851 54Including 17410 17562 152 347

And 17562 17700 138 427 81

S15-shy‐023 270 -shy‐45 225 6000 8590 2590 077 011Including 8000 8200 200 458 012

16500 16700 200 243 01019300 19660 360 561 103

Including 19300 19460 160 917 13520800 21000 200 211 85

S15-shy‐024 270 -shy‐60 244 3200 3400 200 2937600 8000 400 35913625 13716 091 641 24017020 17220 200 314 5118300 19264 964 681 207 009

Including 18700 18870 170 141 204 014

S15-shy‐025 270 -shy‐45 181 1100 1300 200 3144100 4900 800 414

Including 4100 4215 115 172 98 01511100 13400 2300 143

Page13 413 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 Including 11100 11300 200 276

And 12800 13000 200 531

S15-shy‐026 270 -shy‐45 260 800 1000 200 477 12212250 12450 200 22414870 15270 400 31218250 19050 800 567 015

Including 18250 18450 200 89 80 027And 18850 19050 200 101 014

S15-shy‐027 266 -shy‐48 266 19400 19600 200 251

S15-shy‐028 270 -shy‐50 254 500 4900 4400 112Including 1100 1300 200 254

And 3500 3650 150 12216600 16700 100 87919800 20400 600 555 54

S15-shy‐029 266 -shy‐45 219 14740 14900 160 411 01120500 20700 200 735 5910

S15-shy‐030 270 -shy‐45 265 21450 21550 100 587 252024700 24900 200 213

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022Including 2900 3100 200 256 013

And 9300 9700 400 271 58 021And 10900 11100 200 283 013And 13500 13600 100 829 67 011And 19300 19500 200 473 145 032And 21700 21835 135 582 228 435

S15-shy‐032 270 -shy‐45 2943

S15-shy‐033 270 -shy‐45 117

S15-shy‐034 270 -shy‐57 196

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 513 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐035 265 -shy‐45 2425 2900 3100 200 25515900 16100 200 27816750 16900 150 670 713 08423020 23130 110 648 741

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008Including 14215 14675 460 180 75

S15-shy‐037 265 -shy‐45 220 3700 4100 400 315 5416900 17100 200 224 011

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010Including 1000 1200 200 334

And 11400 12400 1000 184 82 018

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017Including 1700 6100 4400 140 68 017Including 3100 3300 200 626 014

S15-shy‐040 265 -shy‐45 299 16900 18300 1400 190Including 16900 17000 100 704 77

And 17400 17510 110 582 10820570 20780 210 446 126 02323280 23930 650 13623280 23350 070 530 259 041

S15-shy‐041 265 -shy‐50 214 8500 8700 200 586 7814570 15500 930 395

Including 14570 14700 130 186And 15300 15500 200 427

19050 19200 150 995 53321300 21400 100 592 61

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005Including 2500 4200 1700 179Including 2500 2700 200 683 53

Page13 613 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 11330 11500 170 96716500 17600 1100 310

Including 16710 16930 220 55619200 19800 600 544 11119600 19800 200 102 29020700 20850 150 456

S15-shy‐043 265 -shy‐45 362 19700 20100 400 2424Including 19900 20100 200 448

21060 22200 1140 1673Including 21600 21800 200 818 56

23000 23400 400 2659Including 23000 23200 200 465

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 40 014Including 5700 5900 200 662 68 027

And 14100 14300 200 327 54 01320200 24973 4773 049 30 013

S15-shy‐045 265 -shy‐45 275 18500 18700 200 21321700 21900 200 235

S15-shy‐046 265 -shy‐45 266 4000 4400 400 30615900 16100 200 41919200 19600 400 1697 100

Including 19400 19600 200 298 150 015

S15-shy‐047 265 -shy‐45 320 12200 12400 200 23325495 25635 140 154 210 011

S15-shy‐048 265 -shy‐55 1498

S15-shy‐049 265 -shy‐45 269 12500 12700 200 23118500 19300 800 536

Including 18700 18900 200 12021100 22500 1400 782 011

Including 21500 21700 200 350 79 022

Abandoned13 Before13 Zone13 -shy‐13 No13 Significant13 Values

Page13 713 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 23500 23700 200 75624300 24500 200 590

S15-shy‐050 265 -shy‐50 338 28800 29000 200 983

S15-shy‐051 265 -shy‐50 385 2800 3000 200 2229030 9250 220 20721950 22150 200 286 117 01323750 23950 200 222

S15-shy‐052 265 -shy‐46 365 22575 22800 225 22029650 29800 150 451

S15-shy‐053 256 -shy‐46 341

S15-shy‐054 252 -shy‐45 256

S15-shy‐055 265 -shy‐45 3813 20000 20600 600 309Including 20460 20600 140 827

28650 28750 100 2310

S15-shy‐056 265 -shy‐50 365 25600 25800 200 22531300 31500 200 47635900 36000 100 267

S15-shy‐057 265 -shy‐46 395 21700 21900 200 236 37130200 30400 200 25132800 33000 200 832 127 038

S15-shy‐058 265 -shy‐45 212

S15-shy‐059 265 -shy‐65 21430

S15-shy‐060 265 -shy‐45 422 20700 21300 600 327Including 21100 21300 200 589

25200 27000 1800 613 008Including 25800 25900 100 110 010

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 813 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 And 26400 26500 100 300 52 006And 26830 27000 170 306 019

30400 30600 200 210

S15-shy‐061 265 -shy‐45 317 18000 18200 200 33518800 19000 200 23422400 30000 7600 113 24 006

including 22400 22600 200 208And 24600 24800 200 247And 26400 28200 1800 269

Including 26400 26600 200 578 63And 28000 28200 200 1190

29800 30000 200 206 84

S15-shy‐062 263 -shy‐45 740

S15-shy‐063 265 -shy‐45 4472 21930 22130 200 485 642 05323600 23800 200 27328400 28600 200 40539800 41800 2000 187

Including 39600 40400 800 404Including 40200 40400 200 875

41800 42000 200 289

S15-shy‐064 265 -shy‐45 473 19100 19300 200 325 106033600 33800 200 575

S15-shy‐06513 (Boundary)

265 -shy‐45 265 2800 3000 200 332

12686 12800 114 1050

S15-shy‐06613 13 13 13 (30013 Colour)

70 -shy‐50 182 3200 3400 200 464

S15-shy‐067 270 -shy‐50 404

No13 Significant13 Values

No13 Significant13 Values

Page13 913 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐06813 13 13 13

(30013 Colour)50 -shy‐50 242 5000 10200 5200 115

Including 5200 6800 1600 18713200 13400 200 231

S15-shy‐069 270 -shy‐45 470 5600 5810 210 293 1016400 6600 200 26629865 30005 140 594 7942000 42200 200 253 01042580 42680 100 1020 1170 024

S15-shy‐070 270 -shy‐46 449 33600 33800 200 46039340 39600 260 1018 660 02141110 41200 090 804 011

NotesAll13 values13 are13 un-shy‐cutTrue13 width13 is13 estimated13 to13 be13 5513 to13 7013 of13 down13 hole13 intervalAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

Porphyry13 Au-shy‐Ag-shy‐Cu13 Intervals13 for13 201513 Spectrum13 holes

DDH13 Azimuth DipTotal13

Depth13 (m)From13 (m) To13 (m)

Interval13 (m)

Au13 gt13 (uncut) Ag13 gt Cu13

S15-shy‐011 270 -shy‐45 2235 300 20600 20300 097 33 012

S15-shy‐012 270 -shy‐55 251 250 23800 23550 141 42 007

S15-shy‐013 270 -shy‐45 200 300 19800 19500 075 39 015

S15-shy‐014 270 -shy‐58 2175 300 21200 20900 122 48 017

S15-shy‐016 270 -shy‐48 179 1130 17600 16470 090 41 014

S15-shy‐023 270 -shy‐45 225 430 21000 20570 047 28 009

S15-shy‐024 270 -shy‐60 244 300 19264 18964 088 26 006

S15-shy‐025 270 -shy‐45 181 1100 16600 15500 074 16 005

S15-shy‐026 270 -shy‐45 260 12050 22095 10045 092 22 006

S15-shy‐028 270 -shy‐50 254 500 22900 22400 061 29 007

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 402 014And 20200 24973 4773 049 302 013

All13 values13 are13 un-shy‐cutAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

sup3

sup3

sup3sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

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sup3 sup3

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sup3

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sup3

sup3

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sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3

$1

$1

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$1 $1$1

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1600 m

S15-037

S15-035S15-029

S15-027

S15-026

S15-025

S15-032S15-030

S15-039S15-022S15-024

S15-040

S15-036S15-034 S15-060

S15-031

S15-028S15-041

S15-043

S15-049

S-4S-3

S-2

S15-038

4850N

4890N

5035N

5010N

5195N

S15-047

S15-044 S15-046

S15-050

S15-042

S15-048

S15-045

S15-052

S15-051

4975N

5150N

5235N

5095N

4810N

4750N

4700N

4930N

5285N

S91-82

14-SP-009

S91-83

S91-73

S91-66

S89-34

S91-71

S80-21

S91-70

S91-85

S91-78

S91-86

S90-46

S91-74

S80-13

14-SP-001

14-SP-004

S80-14

S91-81

14-SP-007

S91-68

S91-79

S91-63

S91-84

S90-51

S89-35

14-SP-006S90-59

S80-11

S90-52

S90-49

S90-54

S92-90

S80-12

S90-55

S91-80

S89-37

S79-08

S80-22

S90-56

S90-44

S79-06

S91-64

S90-50

S90-45

S90-58

S90-60

S90-43

S91-75

S92-92

S92-91

S89-36

S80-17

S90-61

S-1

S89-41

14-SP-005

S80-20

S90-47

14-SP-002

14-SP-008

S79-03

S80-26

S80-24

S80-18

S89-33

S80-28

S80-15

S79-02

S79-10

S90-62S91-67

S79-01

S90-57

S79-05

S80-27

S80-25

S79-07

S80-19

S79-04

S79-09

S90-48

S91-65

S91-69

S91-72S91-76

S91-77

14-SP-003

S80-16

S90-53

S89-39

S15-015

S15-010

S15-012

S15-017

S15-016

S15-011

S15-013S15-014

S15-018

S15-019

S15-020

S15-023

S15-056

S15-053

S15-054

S15-058

S15-064

S15-055

S15-057

S15-059

S15-033

S15-061

S15-063

S15-064

S15-062

S15-065S15-066

S15-068

S15-067S15-070

S15-069S15-021

Mt Edziza FlowsMt Edziza Flows

Stuhini VolcanicsStuhini Volcanics

Stuhini VolcanicsStuhini Volcanics

1500 m

1700 m

410800

410800

411000

411000

411200

411200

411400

411400

411600

411600

411800

411800

6394

600

6394

600

6394

800

6394

800

6395

000

6395

000

6395

200

6395

200

0 50 100 15025

Meters

sup3

500 Colour Zone

Central Zone(Porphyry and QC Structures)

O P E N

O P E N

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Exploration Trail

Cross Section Line

Monzonite

sup3$1 2015 Drill Hole (Complete)

sup3 2015 Drill Hole (In Progress)$1

sup3 2014 Drill Hole

sup3 Historic Drill Hole

$1

$1

Road Zone

Spectrum GoldDiamond Drill Hole Plan Map

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 0020

Date - 2012610 5Drawn By - CSG

TSX-V SKE

O P E N

Boundary Zone

O P E N

O P E N

O P E NO P E N

O P E N

300 Colour Zone

O P E N

O P E N

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410800 E

410850 E

410850 E

410900 E

410900 E

410950 E

410950 E

6395200 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m 1600 m

1650 m 1650 m

1700 m 1700 m

2m 464 gt Au

100 m

S15-066

S15-066

TSXV SKE

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410820 E

410840 E

410860 E

410880 E

410880 E

410900 E

410900 E

410920 E

410920 E

410940 E

410940 E

410960 E

410960 E

410980 E

410980 E

6395080 N

6395100 N

6395120 N

6395140 N

6395140 N

6395160 N

6395160 N

6395180 N

6395180 N

6395200 N

6395200 N

6395220 N

6395220 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m

1650 m 1650 m

1700 m 1700 m

559

294552

m 115 gt Au

2m 231 gt Au

100 m

S15-068

S15-068

S89-37

S89-3

7

S90-43

S90-43

100 m

S90-44

S90-44

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4610N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Monzonite (Lower)

100 m

200 m

S15-058

S15-058

(NSV)

100 m

200 m

S15-059

S15-059(NSV)

S90-49

100 m

S90-49

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4645N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-054

S15-054

(NSV)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4700N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

100 m

300 m

S15-043

S15-043

100 m

200 m

300 m

S90-50

100 m

S90-50

300 m

200 m

100 m

S15-061

S15-061

S15-063

S15-063

101m 072 gt Au

137m 112 gt Au

4m 2424 gt AuIncluding2m 448 gt Au

114m 1673 gt AuIncluding2m 818 gt Au

4m 2659 gt AuIncluding2m 465 gt Au2m 668 gt Au

2m

335 gt Au

2m 234 gt Au

2m 208 gt Au

2m 247 gt Au

18m 269 gt Au

2m 206 gt Au

2m 485 gt Au

2m 273 gt Au

2m 405 gt A

uIncluding2m 578 gt Au

2m 119 gt Au

2m 289 gt A

u

8m 404 gt AuIncluding

2m 875 gt Au

4480

8180

4650668

578

1190

875

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-009

14-SP-009

100 m

200 m

S15-010

S15-010

100 m

200 m

S15-013

S15-013

100 m

200 m

S15-014

S15-014

100 m

200 m

300 m

400 m

S15-045

S15-045

300 m

100 m

S79-02

S79-02

100 m

S80-18

S80-18

100 m

S89-34

S89-34

100 m

200 m

S15-055

S15-055

100 m

200 m

300 m

400 m

S15-064

S15-064

17m

419 gt Au

2m 292 gt Au

198m 134 gt Au

212m 224 gt Au

17m 1783 gt Au

141m 028 gt Au

31m

02 gt Au

127m 126 gt AuIncluding13m 338 gt Au2m 222 gt Au2m 227 gt Au2m 290 gt Au10m 23 gt Au

1695m 495 gt AuIncluding7m of 795 gt Au

33m 184 gt AuIncluding15m 475 gt Au

36m 164 gt AuIncluding2m 221 gt Au

2m 168 gt Au

2m 107 gt Au

4m 1367 gt Au

2m 179 gt Au

2m 10 gt Au

1m 111 gt Au

2m 2545 gt Au

6m 312 gt Au

2m 213 gt Au

175m 117 gt Au

2m 281 gt Au

14m 159 gt Au

19m 544 gt Au

415m 214 gt Au

4m 318 gt Au

2m 243 gt Au

5m 225 gt Au

4m 16 gt Au

2m 213 gt Au

2m 235 gt Au

14m 827 gt Au

6m 309 gt AuIncluding

1m 231 gt Au

2m 325 gt Au

2m 575 gt A

u

5252210

10001110

25450

9282210

1590

960

12101240

2130

1170

827

2310

575

1460

607

2256

614

1783

934

(Looking North)

Spectrum Gold Project - Section 4750N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

536

843

979

856

212

265328

240

205334

383

233

354203

950

271

247

345211

439

2983780

223

204

4980

287285

641774

238

918

207

296224

247214

223

398

799

353

219

226288

254

219

562

247

233

785

298

291

1196675

273

683

967

556

6021020

231

495

1200

390

220

3500

684447

356

756

590

324

220

451

832

645

1390

804

6m 786 gt Au

16m 856 gt Au

738m 179 gt Au

38m 128 gt Au

6m 207 gt Au

4m 286 gt Au

4m 708 gt Au

40m 131 gt Au

425m 136 gt Au

799m 156 gt Au

1247m 084 gt Au

61m 162 gt AuIncluding2m 238 gt Au4m 562 gt Au6m 199 gt Au2m 247 gt Au2m 214 gt Au

36m 104 gt AuIncluding5m 2 gt Au2m 228 gt Au135m 24 gt Au

12m 362 gt AuIncluding2m 95 gt Au

184m 64 gt AuIncluding39m 2527 gt AuAlso Including19m 50 gt Au

17m 18 gt AuIncluding20m 683 gt Au30m 245 gt Au

17m 967 gt Au

11m 31 gt AuIncluding22m 556 gt Au

6m 544 gt AuIncluding2m 102 gt Au

15m 456 gt Au

66m 1059 gt AuIncluding14m 378 gt Au

2m

231 gt Au

8m 536 gt AuIncluding2m 12 gt Au

14m 782 gt AuIncluding2m 35 gt Au

2m

756 gt Au

2m

59 gt A

u

225m

22 gt Au

15m

451 gt Au

2m 236 gt Au

2m 251 gt Au

2m 832 gt Au

2m 46 gt Au

26m 1018 gt Au

09m 804 gt Au

200 m

S15-011

S15-011

S15-012

S15-012

100 m

S15-016

S15-016

100 m

200 m

300 m

S15-042

S15-042

100 m

S15-048

S15-048(NSV)

100 m

200 m

S15-049

S15-049

100 m

200 m

300 m

S15-052

S15-052

100 m

200 m

300 m

S15-057

S15-057

100 m

S79-01

S79-01

S79-03

S80-19

S80-19

100 m

S92-92

S92-92

S15-070

100 m

200 m

300 m

400 m

S15-07

0

(Looking North)

Spectrum Gold Project - Section 4810N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

294

288

883613587

228

379

7450

504

254

1220

879

222

207

286

222

229

706

315

312

291

607

363

315

459

2670

594

2m 294 gt Au

2m 288 gt Au

2615m 821 gt AuIncluding915m 473 gt AuAlso Including215m 88 gt Au15m 61 gt Au2m 59 gt Au35m 442 gt AuAlso Including2m 745 gt Au

44m 112 gt AuIncluding2m 254 gt Au15m 122 gt Au

1m 879 gt Au

137m 064 gt Au

14m 262 gt Au

6m 204 gt Au

87m 286 gt Au

8m 218 gt Au

55m 344 gt Au

6m 555 gt Au

20m

222 gt Au

22m 207 gt Au

2m 286 gt A

u2m 222 gt A

u

2m 225 gt Au

2m 476 gt Au

1m 267 gt Au

11m 282 gt A

u

21m 293 gt Au

2m 266 gt Au

14m 594 gt Au

200 m

S15-015

S15-015

S15-021

S15-021

100 m

S15-028

100 m

200 m

300 m

S15-051

S15-051

100 m

200 m

300 m

S15-056

S15-056

S15-062

(NSV)

300 m

400 m

500 m

S15-062(Cont on 4890N)

S80-23

100 m

S80-23100 m

S80-26

S80-2

6100 m

S80-27

S80-27

S90-48

S90-48

S15-028

100 m

200 m

300 m

400 m

S15-067

S15-067

S15-069

100 m

200 m

400 m

S15-069

(Cont on 4890N)

(Looking North)

Spectrum Gold Project - Section 4850N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

41

11

00

E4

11

10

0 E

41

11

50

E4

11

15

0 E

41

12

00

E4

11

20

0 E

41

12

50

E4

11

25

0 E

41

13

00

E4

11

30

0 E

41

13

50

E4

11

35

0 E

41

14

00

E

41

14

50

E

41

15

00

E4

11

50

0 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

243

316

295

266697256

272359

879

925690

256

274

268

283

829

207

473

582

586

1860427

995

592

983

8090

288

240

405

1587

442

405

261

208

1020

12m 154 gt AuIncluding2m 243 gt Au4m 306 gt Au

21m

09 gt Au

135m 278 gt AuIncluding2m 697 gt Au

1m 879 gt Au

6m 555 gt Au

2m 256 gt Au

4m 271 gt Au

2m 283 gt Au

1m 829 gt Au

2m 473 gt Au

135m 582 gt Au

2m 586 gt Au

93m 395 gt AuIncluding13m 186 gt Au2m 427 gt Au

15m 995 gt Au1m 592 gt Au

23m 809 gt Au

9m 173 gt Au

122m 157 gt Au

85m 123 gt Au

47m 279 gt Au

19m 39 gt Au

144m 117 gt Au

2m 983 gt A

u

2m 253 gt A

u

1m 102 gt A

u

100 m

200 m

S15-019

S15-019

S15-028

S15-028

100 m

200 m

S15-031

S15-031

100 m

200 m

S15-041

S15-041

100 m

200 m

300 m

S15-050

S15-050

100 m

200 m

300 m

S15-053

S15-053

S15-062

(Cont from

4850N)

600 m

S15-062(NSV)

S79-04S79-05

S79-05

S79-06

S79-06

S79-07

S79-08

S79-08

S80-23

S80-23

S80-28

S80-28

100 m

S89-35

S89-35

100 m

S92-91

S92-91

S1

5-0

69

(Co

nt fro

m 4

85

0N)

400

m

S1

5-0

69

(Looking North)

Spectrum Gold Project - Section 4890N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

500 Colour Zone

Central Zone(Porphyry and QC structures)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

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)

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)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 22:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

Page13 413 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 Including 11100 11300 200 276

And 12800 13000 200 531

S15-shy‐026 270 -shy‐45 260 800 1000 200 477 12212250 12450 200 22414870 15270 400 31218250 19050 800 567 015

Including 18250 18450 200 89 80 027And 18850 19050 200 101 014

S15-shy‐027 266 -shy‐48 266 19400 19600 200 251

S15-shy‐028 270 -shy‐50 254 500 4900 4400 112Including 1100 1300 200 254

And 3500 3650 150 12216600 16700 100 87919800 20400 600 555 54

S15-shy‐029 266 -shy‐45 219 14740 14900 160 411 01120500 20700 200 735 5910

S15-shy‐030 270 -shy‐45 265 21450 21550 100 587 252024700 24900 200 213

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022Including 2900 3100 200 256 013

And 9300 9700 400 271 58 021And 10900 11100 200 283 013And 13500 13600 100 829 67 011And 19300 19500 200 473 145 032And 21700 21835 135 582 228 435

S15-shy‐032 270 -shy‐45 2943

S15-shy‐033 270 -shy‐45 117

S15-shy‐034 270 -shy‐57 196

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 513 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐035 265 -shy‐45 2425 2900 3100 200 25515900 16100 200 27816750 16900 150 670 713 08423020 23130 110 648 741

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008Including 14215 14675 460 180 75

S15-shy‐037 265 -shy‐45 220 3700 4100 400 315 5416900 17100 200 224 011

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010Including 1000 1200 200 334

And 11400 12400 1000 184 82 018

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017Including 1700 6100 4400 140 68 017Including 3100 3300 200 626 014

S15-shy‐040 265 -shy‐45 299 16900 18300 1400 190Including 16900 17000 100 704 77

And 17400 17510 110 582 10820570 20780 210 446 126 02323280 23930 650 13623280 23350 070 530 259 041

S15-shy‐041 265 -shy‐50 214 8500 8700 200 586 7814570 15500 930 395

Including 14570 14700 130 186And 15300 15500 200 427

19050 19200 150 995 53321300 21400 100 592 61

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005Including 2500 4200 1700 179Including 2500 2700 200 683 53

Page13 613 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 11330 11500 170 96716500 17600 1100 310

Including 16710 16930 220 55619200 19800 600 544 11119600 19800 200 102 29020700 20850 150 456

S15-shy‐043 265 -shy‐45 362 19700 20100 400 2424Including 19900 20100 200 448

21060 22200 1140 1673Including 21600 21800 200 818 56

23000 23400 400 2659Including 23000 23200 200 465

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 40 014Including 5700 5900 200 662 68 027

And 14100 14300 200 327 54 01320200 24973 4773 049 30 013

S15-shy‐045 265 -shy‐45 275 18500 18700 200 21321700 21900 200 235

S15-shy‐046 265 -shy‐45 266 4000 4400 400 30615900 16100 200 41919200 19600 400 1697 100

Including 19400 19600 200 298 150 015

S15-shy‐047 265 -shy‐45 320 12200 12400 200 23325495 25635 140 154 210 011

S15-shy‐048 265 -shy‐55 1498

S15-shy‐049 265 -shy‐45 269 12500 12700 200 23118500 19300 800 536

Including 18700 18900 200 12021100 22500 1400 782 011

Including 21500 21700 200 350 79 022

Abandoned13 Before13 Zone13 -shy‐13 No13 Significant13 Values

Page13 713 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 23500 23700 200 75624300 24500 200 590

S15-shy‐050 265 -shy‐50 338 28800 29000 200 983

S15-shy‐051 265 -shy‐50 385 2800 3000 200 2229030 9250 220 20721950 22150 200 286 117 01323750 23950 200 222

S15-shy‐052 265 -shy‐46 365 22575 22800 225 22029650 29800 150 451

S15-shy‐053 256 -shy‐46 341

S15-shy‐054 252 -shy‐45 256

S15-shy‐055 265 -shy‐45 3813 20000 20600 600 309Including 20460 20600 140 827

28650 28750 100 2310

S15-shy‐056 265 -shy‐50 365 25600 25800 200 22531300 31500 200 47635900 36000 100 267

S15-shy‐057 265 -shy‐46 395 21700 21900 200 236 37130200 30400 200 25132800 33000 200 832 127 038

S15-shy‐058 265 -shy‐45 212

S15-shy‐059 265 -shy‐65 21430

S15-shy‐060 265 -shy‐45 422 20700 21300 600 327Including 21100 21300 200 589

25200 27000 1800 613 008Including 25800 25900 100 110 010

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 813 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 And 26400 26500 100 300 52 006And 26830 27000 170 306 019

30400 30600 200 210

S15-shy‐061 265 -shy‐45 317 18000 18200 200 33518800 19000 200 23422400 30000 7600 113 24 006

including 22400 22600 200 208And 24600 24800 200 247And 26400 28200 1800 269

Including 26400 26600 200 578 63And 28000 28200 200 1190

29800 30000 200 206 84

S15-shy‐062 263 -shy‐45 740

S15-shy‐063 265 -shy‐45 4472 21930 22130 200 485 642 05323600 23800 200 27328400 28600 200 40539800 41800 2000 187

Including 39600 40400 800 404Including 40200 40400 200 875

41800 42000 200 289

S15-shy‐064 265 -shy‐45 473 19100 19300 200 325 106033600 33800 200 575

S15-shy‐06513 (Boundary)

265 -shy‐45 265 2800 3000 200 332

12686 12800 114 1050

S15-shy‐06613 13 13 13 (30013 Colour)

70 -shy‐50 182 3200 3400 200 464

S15-shy‐067 270 -shy‐50 404

No13 Significant13 Values

No13 Significant13 Values

Page13 913 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐06813 13 13 13

(30013 Colour)50 -shy‐50 242 5000 10200 5200 115

Including 5200 6800 1600 18713200 13400 200 231

S15-shy‐069 270 -shy‐45 470 5600 5810 210 293 1016400 6600 200 26629865 30005 140 594 7942000 42200 200 253 01042580 42680 100 1020 1170 024

S15-shy‐070 270 -shy‐46 449 33600 33800 200 46039340 39600 260 1018 660 02141110 41200 090 804 011

NotesAll13 values13 are13 un-shy‐cutTrue13 width13 is13 estimated13 to13 be13 5513 to13 7013 of13 down13 hole13 intervalAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

Porphyry13 Au-shy‐Ag-shy‐Cu13 Intervals13 for13 201513 Spectrum13 holes

DDH13 Azimuth DipTotal13

Depth13 (m)From13 (m) To13 (m)

Interval13 (m)

Au13 gt13 (uncut) Ag13 gt Cu13

S15-shy‐011 270 -shy‐45 2235 300 20600 20300 097 33 012

S15-shy‐012 270 -shy‐55 251 250 23800 23550 141 42 007

S15-shy‐013 270 -shy‐45 200 300 19800 19500 075 39 015

S15-shy‐014 270 -shy‐58 2175 300 21200 20900 122 48 017

S15-shy‐016 270 -shy‐48 179 1130 17600 16470 090 41 014

S15-shy‐023 270 -shy‐45 225 430 21000 20570 047 28 009

S15-shy‐024 270 -shy‐60 244 300 19264 18964 088 26 006

S15-shy‐025 270 -shy‐45 181 1100 16600 15500 074 16 005

S15-shy‐026 270 -shy‐45 260 12050 22095 10045 092 22 006

S15-shy‐028 270 -shy‐50 254 500 22900 22400 061 29 007

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 402 014And 20200 24973 4773 049 302 013

All13 values13 are13 un-shy‐cutAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

sup3

sup3

sup3sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3 sup3

sup3 sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3 sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3

$1

$1

$1

$1

$1

$1

$1$1

$1

$1

$1

$1 $1

$1

$1

$1

$1

$1

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$1 $1

$1

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$1

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$1

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$1

$1

$1

$1

$1

$1

$1

$1$1

$1

$1

$1

$1

$1$1

$1$1$1

$1$1

$1

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$1$1

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$1

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$1

$1$1

$1

$1

$1

$1

$1

$1

$1

$1

$1$1

$1

$1

$1

$1

$1

$1

$1

$1$1

$1$1

$1

$1$1

$1

$1

$1

$1

$1

$1$1

$1

$1

$1$1

$1

$1

$1

$1 $1

$1

$1

$1

$1$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

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$1

$1

$1$1

$1$1

$1

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$1

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$1

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$1

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$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1$1

$1 $1$1

$1

$1

1600 m

S15-037

S15-035S15-029

S15-027

S15-026

S15-025

S15-032S15-030

S15-039S15-022S15-024

S15-040

S15-036S15-034 S15-060

S15-031

S15-028S15-041

S15-043

S15-049

S-4S-3

S-2

S15-038

4850N

4890N

5035N

5010N

5195N

S15-047

S15-044 S15-046

S15-050

S15-042

S15-048

S15-045

S15-052

S15-051

4975N

5150N

5235N

5095N

4810N

4750N

4700N

4930N

5285N

S91-82

14-SP-009

S91-83

S91-73

S91-66

S89-34

S91-71

S80-21

S91-70

S91-85

S91-78

S91-86

S90-46

S91-74

S80-13

14-SP-001

14-SP-004

S80-14

S91-81

14-SP-007

S91-68

S91-79

S91-63

S91-84

S90-51

S89-35

14-SP-006S90-59

S80-11

S90-52

S90-49

S90-54

S92-90

S80-12

S90-55

S91-80

S89-37

S79-08

S80-22

S90-56

S90-44

S79-06

S91-64

S90-50

S90-45

S90-58

S90-60

S90-43

S91-75

S92-92

S92-91

S89-36

S80-17

S90-61

S-1

S89-41

14-SP-005

S80-20

S90-47

14-SP-002

14-SP-008

S79-03

S80-26

S80-24

S80-18

S89-33

S80-28

S80-15

S79-02

S79-10

S90-62S91-67

S79-01

S90-57

S79-05

S80-27

S80-25

S79-07

S80-19

S79-04

S79-09

S90-48

S91-65

S91-69

S91-72S91-76

S91-77

14-SP-003

S80-16

S90-53

S89-39

S15-015

S15-010

S15-012

S15-017

S15-016

S15-011

S15-013S15-014

S15-018

S15-019

S15-020

S15-023

S15-056

S15-053

S15-054

S15-058

S15-064

S15-055

S15-057

S15-059

S15-033

S15-061

S15-063

S15-064

S15-062

S15-065S15-066

S15-068

S15-067S15-070

S15-069S15-021

Mt Edziza FlowsMt Edziza Flows

Stuhini VolcanicsStuhini Volcanics

Stuhini VolcanicsStuhini Volcanics

1500 m

1700 m

410800

410800

411000

411000

411200

411200

411400

411400

411600

411600

411800

411800

6394

600

6394

600

6394

800

6394

800

6395

000

6395

000

6395

200

6395

200

0 50 100 15025

Meters

sup3

500 Colour Zone

Central Zone(Porphyry and QC Structures)

O P E N

O P E N

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Exploration Trail

Cross Section Line

Monzonite

sup3$1 2015 Drill Hole (Complete)

sup3 2015 Drill Hole (In Progress)$1

sup3 2014 Drill Hole

sup3 Historic Drill Hole

$1

$1

Road Zone

Spectrum GoldDiamond Drill Hole Plan Map

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 0020

Date - 2012610 5Drawn By - CSG

TSX-V SKE

O P E N

Boundary Zone

O P E N

O P E N

O P E NO P E N

O P E N

300 Colour Zone

O P E N

O P E N

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410800 E

410850 E

410850 E

410900 E

410900 E

410950 E

410950 E

6395200 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m 1600 m

1650 m 1650 m

1700 m 1700 m

2m 464 gt Au

100 m

S15-066

S15-066

TSXV SKE

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410820 E

410840 E

410860 E

410880 E

410880 E

410900 E

410900 E

410920 E

410920 E

410940 E

410940 E

410960 E

410960 E

410980 E

410980 E

6395080 N

6395100 N

6395120 N

6395140 N

6395140 N

6395160 N

6395160 N

6395180 N

6395180 N

6395200 N

6395200 N

6395220 N

6395220 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m

1650 m 1650 m

1700 m 1700 m

559

294552

m 115 gt Au

2m 231 gt Au

100 m

S15-068

S15-068

S89-37

S89-3

7

S90-43

S90-43

100 m

S90-44

S90-44

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4610N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Monzonite (Lower)

100 m

200 m

S15-058

S15-058

(NSV)

100 m

200 m

S15-059

S15-059(NSV)

S90-49

100 m

S90-49

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4645N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-054

S15-054

(NSV)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4700N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

100 m

300 m

S15-043

S15-043

100 m

200 m

300 m

S90-50

100 m

S90-50

300 m

200 m

100 m

S15-061

S15-061

S15-063

S15-063

101m 072 gt Au

137m 112 gt Au

4m 2424 gt AuIncluding2m 448 gt Au

114m 1673 gt AuIncluding2m 818 gt Au

4m 2659 gt AuIncluding2m 465 gt Au2m 668 gt Au

2m

335 gt Au

2m 234 gt Au

2m 208 gt Au

2m 247 gt Au

18m 269 gt Au

2m 206 gt Au

2m 485 gt Au

2m 273 gt Au

2m 405 gt A

uIncluding2m 578 gt Au

2m 119 gt Au

2m 289 gt A

u

8m 404 gt AuIncluding

2m 875 gt Au

4480

8180

4650668

578

1190

875

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-009

14-SP-009

100 m

200 m

S15-010

S15-010

100 m

200 m

S15-013

S15-013

100 m

200 m

S15-014

S15-014

100 m

200 m

300 m

400 m

S15-045

S15-045

300 m

100 m

S79-02

S79-02

100 m

S80-18

S80-18

100 m

S89-34

S89-34

100 m

200 m

S15-055

S15-055

100 m

200 m

300 m

400 m

S15-064

S15-064

17m

419 gt Au

2m 292 gt Au

198m 134 gt Au

212m 224 gt Au

17m 1783 gt Au

141m 028 gt Au

31m

02 gt Au

127m 126 gt AuIncluding13m 338 gt Au2m 222 gt Au2m 227 gt Au2m 290 gt Au10m 23 gt Au

1695m 495 gt AuIncluding7m of 795 gt Au

33m 184 gt AuIncluding15m 475 gt Au

36m 164 gt AuIncluding2m 221 gt Au

2m 168 gt Au

2m 107 gt Au

4m 1367 gt Au

2m 179 gt Au

2m 10 gt Au

1m 111 gt Au

2m 2545 gt Au

6m 312 gt Au

2m 213 gt Au

175m 117 gt Au

2m 281 gt Au

14m 159 gt Au

19m 544 gt Au

415m 214 gt Au

4m 318 gt Au

2m 243 gt Au

5m 225 gt Au

4m 16 gt Au

2m 213 gt Au

2m 235 gt Au

14m 827 gt Au

6m 309 gt AuIncluding

1m 231 gt Au

2m 325 gt Au

2m 575 gt A

u

5252210

10001110

25450

9282210

1590

960

12101240

2130

1170

827

2310

575

1460

607

2256

614

1783

934

(Looking North)

Spectrum Gold Project - Section 4750N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

536

843

979

856

212

265328

240

205334

383

233

354203

950

271

247

345211

439

2983780

223

204

4980

287285

641774

238

918

207

296224

247214

223

398

799

353

219

226288

254

219

562

247

233

785

298

291

1196675

273

683

967

556

6021020

231

495

1200

390

220

3500

684447

356

756

590

324

220

451

832

645

1390

804

6m 786 gt Au

16m 856 gt Au

738m 179 gt Au

38m 128 gt Au

6m 207 gt Au

4m 286 gt Au

4m 708 gt Au

40m 131 gt Au

425m 136 gt Au

799m 156 gt Au

1247m 084 gt Au

61m 162 gt AuIncluding2m 238 gt Au4m 562 gt Au6m 199 gt Au2m 247 gt Au2m 214 gt Au

36m 104 gt AuIncluding5m 2 gt Au2m 228 gt Au135m 24 gt Au

12m 362 gt AuIncluding2m 95 gt Au

184m 64 gt AuIncluding39m 2527 gt AuAlso Including19m 50 gt Au

17m 18 gt AuIncluding20m 683 gt Au30m 245 gt Au

17m 967 gt Au

11m 31 gt AuIncluding22m 556 gt Au

6m 544 gt AuIncluding2m 102 gt Au

15m 456 gt Au

66m 1059 gt AuIncluding14m 378 gt Au

2m

231 gt Au

8m 536 gt AuIncluding2m 12 gt Au

14m 782 gt AuIncluding2m 35 gt Au

2m

756 gt Au

2m

59 gt A

u

225m

22 gt Au

15m

451 gt Au

2m 236 gt Au

2m 251 gt Au

2m 832 gt Au

2m 46 gt Au

26m 1018 gt Au

09m 804 gt Au

200 m

S15-011

S15-011

S15-012

S15-012

100 m

S15-016

S15-016

100 m

200 m

300 m

S15-042

S15-042

100 m

S15-048

S15-048(NSV)

100 m

200 m

S15-049

S15-049

100 m

200 m

300 m

S15-052

S15-052

100 m

200 m

300 m

S15-057

S15-057

100 m

S79-01

S79-01

S79-03

S80-19

S80-19

100 m

S92-92

S92-92

S15-070

100 m

200 m

300 m

400 m

S15-07

0

(Looking North)

Spectrum Gold Project - Section 4810N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

294

288

883613587

228

379

7450

504

254

1220

879

222

207

286

222

229

706

315

312

291

607

363

315

459

2670

594

2m 294 gt Au

2m 288 gt Au

2615m 821 gt AuIncluding915m 473 gt AuAlso Including215m 88 gt Au15m 61 gt Au2m 59 gt Au35m 442 gt AuAlso Including2m 745 gt Au

44m 112 gt AuIncluding2m 254 gt Au15m 122 gt Au

1m 879 gt Au

137m 064 gt Au

14m 262 gt Au

6m 204 gt Au

87m 286 gt Au

8m 218 gt Au

55m 344 gt Au

6m 555 gt Au

20m

222 gt Au

22m 207 gt Au

2m 286 gt A

u2m 222 gt A

u

2m 225 gt Au

2m 476 gt Au

1m 267 gt Au

11m 282 gt A

u

21m 293 gt Au

2m 266 gt Au

14m 594 gt Au

200 m

S15-015

S15-015

S15-021

S15-021

100 m

S15-028

100 m

200 m

300 m

S15-051

S15-051

100 m

200 m

300 m

S15-056

S15-056

S15-062

(NSV)

300 m

400 m

500 m

S15-062(Cont on 4890N)

S80-23

100 m

S80-23100 m

S80-26

S80-2

6100 m

S80-27

S80-27

S90-48

S90-48

S15-028

100 m

200 m

300 m

400 m

S15-067

S15-067

S15-069

100 m

200 m

400 m

S15-069

(Cont on 4890N)

(Looking North)

Spectrum Gold Project - Section 4850N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

41

11

00

E4

11

10

0 E

41

11

50

E4

11

15

0 E

41

12

00

E4

11

20

0 E

41

12

50

E4

11

25

0 E

41

13

00

E4

11

30

0 E

41

13

50

E4

11

35

0 E

41

14

00

E

41

14

50

E

41

15

00

E4

11

50

0 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

243

316

295

266697256

272359

879

925690

256

274

268

283

829

207

473

582

586

1860427

995

592

983

8090

288

240

405

1587

442

405

261

208

1020

12m 154 gt AuIncluding2m 243 gt Au4m 306 gt Au

21m

09 gt Au

135m 278 gt AuIncluding2m 697 gt Au

1m 879 gt Au

6m 555 gt Au

2m 256 gt Au

4m 271 gt Au

2m 283 gt Au

1m 829 gt Au

2m 473 gt Au

135m 582 gt Au

2m 586 gt Au

93m 395 gt AuIncluding13m 186 gt Au2m 427 gt Au

15m 995 gt Au1m 592 gt Au

23m 809 gt Au

9m 173 gt Au

122m 157 gt Au

85m 123 gt Au

47m 279 gt Au

19m 39 gt Au

144m 117 gt Au

2m 983 gt A

u

2m 253 gt A

u

1m 102 gt A

u

100 m

200 m

S15-019

S15-019

S15-028

S15-028

100 m

200 m

S15-031

S15-031

100 m

200 m

S15-041

S15-041

100 m

200 m

300 m

S15-050

S15-050

100 m

200 m

300 m

S15-053

S15-053

S15-062

(Cont from

4850N)

600 m

S15-062(NSV)

S79-04S79-05

S79-05

S79-06

S79-06

S79-07

S79-08

S79-08

S80-23

S80-23

S80-28

S80-28

100 m

S89-35

S89-35

100 m

S92-91

S92-91

S1

5-0

69

(Co

nt fro

m 4

85

0N)

400

m

S1

5-0

69

(Looking North)

Spectrum Gold Project - Section 4890N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

500 Colour Zone

Central Zone(Porphyry and QC structures)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 23:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

Page13 513 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13

S15-shy‐035 265 -shy‐45 2425 2900 3100 200 25515900 16100 200 27816750 16900 150 670 713 08423020 23130 110 648 741

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008Including 14215 14675 460 180 75

S15-shy‐037 265 -shy‐45 220 3700 4100 400 315 5416900 17100 200 224 011

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010Including 1000 1200 200 334

And 11400 12400 1000 184 82 018

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017Including 1700 6100 4400 140 68 017Including 3100 3300 200 626 014

S15-shy‐040 265 -shy‐45 299 16900 18300 1400 190Including 16900 17000 100 704 77

And 17400 17510 110 582 10820570 20780 210 446 126 02323280 23930 650 13623280 23350 070 530 259 041

S15-shy‐041 265 -shy‐50 214 8500 8700 200 586 7814570 15500 930 395

Including 14570 14700 130 186And 15300 15500 200 427

19050 19200 150 995 53321300 21400 100 592 61

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005Including 2500 4200 1700 179Including 2500 2700 200 683 53

Page13 613 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 11330 11500 170 96716500 17600 1100 310

Including 16710 16930 220 55619200 19800 600 544 11119600 19800 200 102 29020700 20850 150 456

S15-shy‐043 265 -shy‐45 362 19700 20100 400 2424Including 19900 20100 200 448

21060 22200 1140 1673Including 21600 21800 200 818 56

23000 23400 400 2659Including 23000 23200 200 465

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 40 014Including 5700 5900 200 662 68 027

And 14100 14300 200 327 54 01320200 24973 4773 049 30 013

S15-shy‐045 265 -shy‐45 275 18500 18700 200 21321700 21900 200 235

S15-shy‐046 265 -shy‐45 266 4000 4400 400 30615900 16100 200 41919200 19600 400 1697 100

Including 19400 19600 200 298 150 015

S15-shy‐047 265 -shy‐45 320 12200 12400 200 23325495 25635 140 154 210 011

S15-shy‐048 265 -shy‐55 1498

S15-shy‐049 265 -shy‐45 269 12500 12700 200 23118500 19300 800 536

Including 18700 18900 200 12021100 22500 1400 782 011

Including 21500 21700 200 350 79 022

Abandoned13 Before13 Zone13 -shy‐13 No13 Significant13 Values

Page13 713 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 23500 23700 200 75624300 24500 200 590

S15-shy‐050 265 -shy‐50 338 28800 29000 200 983

S15-shy‐051 265 -shy‐50 385 2800 3000 200 2229030 9250 220 20721950 22150 200 286 117 01323750 23950 200 222

S15-shy‐052 265 -shy‐46 365 22575 22800 225 22029650 29800 150 451

S15-shy‐053 256 -shy‐46 341

S15-shy‐054 252 -shy‐45 256

S15-shy‐055 265 -shy‐45 3813 20000 20600 600 309Including 20460 20600 140 827

28650 28750 100 2310

S15-shy‐056 265 -shy‐50 365 25600 25800 200 22531300 31500 200 47635900 36000 100 267

S15-shy‐057 265 -shy‐46 395 21700 21900 200 236 37130200 30400 200 25132800 33000 200 832 127 038

S15-shy‐058 265 -shy‐45 212

S15-shy‐059 265 -shy‐65 21430

S15-shy‐060 265 -shy‐45 422 20700 21300 600 327Including 21100 21300 200 589

25200 27000 1800 613 008Including 25800 25900 100 110 010

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 813 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 And 26400 26500 100 300 52 006And 26830 27000 170 306 019

30400 30600 200 210

S15-shy‐061 265 -shy‐45 317 18000 18200 200 33518800 19000 200 23422400 30000 7600 113 24 006

including 22400 22600 200 208And 24600 24800 200 247And 26400 28200 1800 269

Including 26400 26600 200 578 63And 28000 28200 200 1190

29800 30000 200 206 84

S15-shy‐062 263 -shy‐45 740

S15-shy‐063 265 -shy‐45 4472 21930 22130 200 485 642 05323600 23800 200 27328400 28600 200 40539800 41800 2000 187

Including 39600 40400 800 404Including 40200 40400 200 875

41800 42000 200 289

S15-shy‐064 265 -shy‐45 473 19100 19300 200 325 106033600 33800 200 575

S15-shy‐06513 (Boundary)

265 -shy‐45 265 2800 3000 200 332

12686 12800 114 1050

S15-shy‐06613 13 13 13 (30013 Colour)

70 -shy‐50 182 3200 3400 200 464

S15-shy‐067 270 -shy‐50 404

No13 Significant13 Values

No13 Significant13 Values

Page13 913 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐06813 13 13 13

(30013 Colour)50 -shy‐50 242 5000 10200 5200 115

Including 5200 6800 1600 18713200 13400 200 231

S15-shy‐069 270 -shy‐45 470 5600 5810 210 293 1016400 6600 200 26629865 30005 140 594 7942000 42200 200 253 01042580 42680 100 1020 1170 024

S15-shy‐070 270 -shy‐46 449 33600 33800 200 46039340 39600 260 1018 660 02141110 41200 090 804 011

NotesAll13 values13 are13 un-shy‐cutTrue13 width13 is13 estimated13 to13 be13 5513 to13 7013 of13 down13 hole13 intervalAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

Porphyry13 Au-shy‐Ag-shy‐Cu13 Intervals13 for13 201513 Spectrum13 holes

DDH13 Azimuth DipTotal13

Depth13 (m)From13 (m) To13 (m)

Interval13 (m)

Au13 gt13 (uncut) Ag13 gt Cu13

S15-shy‐011 270 -shy‐45 2235 300 20600 20300 097 33 012

S15-shy‐012 270 -shy‐55 251 250 23800 23550 141 42 007

S15-shy‐013 270 -shy‐45 200 300 19800 19500 075 39 015

S15-shy‐014 270 -shy‐58 2175 300 21200 20900 122 48 017

S15-shy‐016 270 -shy‐48 179 1130 17600 16470 090 41 014

S15-shy‐023 270 -shy‐45 225 430 21000 20570 047 28 009

S15-shy‐024 270 -shy‐60 244 300 19264 18964 088 26 006

S15-shy‐025 270 -shy‐45 181 1100 16600 15500 074 16 005

S15-shy‐026 270 -shy‐45 260 12050 22095 10045 092 22 006

S15-shy‐028 270 -shy‐50 254 500 22900 22400 061 29 007

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 402 014And 20200 24973 4773 049 302 013

All13 values13 are13 un-shy‐cutAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

sup3

sup3

sup3sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3 sup3

sup3 sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3 sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

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sup3

sup3sup3

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$1

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1600 m

S15-037

S15-035S15-029

S15-027

S15-026

S15-025

S15-032S15-030

S15-039S15-022S15-024

S15-040

S15-036S15-034 S15-060

S15-031

S15-028S15-041

S15-043

S15-049

S-4S-3

S-2

S15-038

4850N

4890N

5035N

5010N

5195N

S15-047

S15-044 S15-046

S15-050

S15-042

S15-048

S15-045

S15-052

S15-051

4975N

5150N

5235N

5095N

4810N

4750N

4700N

4930N

5285N

S91-82

14-SP-009

S91-83

S91-73

S91-66

S89-34

S91-71

S80-21

S91-70

S91-85

S91-78

S91-86

S90-46

S91-74

S80-13

14-SP-001

14-SP-004

S80-14

S91-81

14-SP-007

S91-68

S91-79

S91-63

S91-84

S90-51

S89-35

14-SP-006S90-59

S80-11

S90-52

S90-49

S90-54

S92-90

S80-12

S90-55

S91-80

S89-37

S79-08

S80-22

S90-56

S90-44

S79-06

S91-64

S90-50

S90-45

S90-58

S90-60

S90-43

S91-75

S92-92

S92-91

S89-36

S80-17

S90-61

S-1

S89-41

14-SP-005

S80-20

S90-47

14-SP-002

14-SP-008

S79-03

S80-26

S80-24

S80-18

S89-33

S80-28

S80-15

S79-02

S79-10

S90-62S91-67

S79-01

S90-57

S79-05

S80-27

S80-25

S79-07

S80-19

S79-04

S79-09

S90-48

S91-65

S91-69

S91-72S91-76

S91-77

14-SP-003

S80-16

S90-53

S89-39

S15-015

S15-010

S15-012

S15-017

S15-016

S15-011

S15-013S15-014

S15-018

S15-019

S15-020

S15-023

S15-056

S15-053

S15-054

S15-058

S15-064

S15-055

S15-057

S15-059

S15-033

S15-061

S15-063

S15-064

S15-062

S15-065S15-066

S15-068

S15-067S15-070

S15-069S15-021

Mt Edziza FlowsMt Edziza Flows

Stuhini VolcanicsStuhini Volcanics

Stuhini VolcanicsStuhini Volcanics

1500 m

1700 m

410800

410800

411000

411000

411200

411200

411400

411400

411600

411600

411800

411800

6394

600

6394

600

6394

800

6394

800

6395

000

6395

000

6395

200

6395

200

0 50 100 15025

Meters

sup3

500 Colour Zone

Central Zone(Porphyry and QC Structures)

O P E N

O P E N

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Exploration Trail

Cross Section Line

Monzonite

sup3$1 2015 Drill Hole (Complete)

sup3 2015 Drill Hole (In Progress)$1

sup3 2014 Drill Hole

sup3 Historic Drill Hole

$1

$1

Road Zone

Spectrum GoldDiamond Drill Hole Plan Map

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 0020

Date - 2012610 5Drawn By - CSG

TSX-V SKE

O P E N

Boundary Zone

O P E N

O P E N

O P E NO P E N

O P E N

300 Colour Zone

O P E N

O P E N

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410800 E

410850 E

410850 E

410900 E

410900 E

410950 E

410950 E

6395200 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m 1600 m

1650 m 1650 m

1700 m 1700 m

2m 464 gt Au

100 m

S15-066

S15-066

TSXV SKE

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410820 E

410840 E

410860 E

410880 E

410880 E

410900 E

410900 E

410920 E

410920 E

410940 E

410940 E

410960 E

410960 E

410980 E

410980 E

6395080 N

6395100 N

6395120 N

6395140 N

6395140 N

6395160 N

6395160 N

6395180 N

6395180 N

6395200 N

6395200 N

6395220 N

6395220 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m

1650 m 1650 m

1700 m 1700 m

559

294552

m 115 gt Au

2m 231 gt Au

100 m

S15-068

S15-068

S89-37

S89-3

7

S90-43

S90-43

100 m

S90-44

S90-44

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4610N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Monzonite (Lower)

100 m

200 m

S15-058

S15-058

(NSV)

100 m

200 m

S15-059

S15-059(NSV)

S90-49

100 m

S90-49

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4645N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-054

S15-054

(NSV)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4700N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

100 m

300 m

S15-043

S15-043

100 m

200 m

300 m

S90-50

100 m

S90-50

300 m

200 m

100 m

S15-061

S15-061

S15-063

S15-063

101m 072 gt Au

137m 112 gt Au

4m 2424 gt AuIncluding2m 448 gt Au

114m 1673 gt AuIncluding2m 818 gt Au

4m 2659 gt AuIncluding2m 465 gt Au2m 668 gt Au

2m

335 gt Au

2m 234 gt Au

2m 208 gt Au

2m 247 gt Au

18m 269 gt Au

2m 206 gt Au

2m 485 gt Au

2m 273 gt Au

2m 405 gt A

uIncluding2m 578 gt Au

2m 119 gt Au

2m 289 gt A

u

8m 404 gt AuIncluding

2m 875 gt Au

4480

8180

4650668

578

1190

875

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-009

14-SP-009

100 m

200 m

S15-010

S15-010

100 m

200 m

S15-013

S15-013

100 m

200 m

S15-014

S15-014

100 m

200 m

300 m

400 m

S15-045

S15-045

300 m

100 m

S79-02

S79-02

100 m

S80-18

S80-18

100 m

S89-34

S89-34

100 m

200 m

S15-055

S15-055

100 m

200 m

300 m

400 m

S15-064

S15-064

17m

419 gt Au

2m 292 gt Au

198m 134 gt Au

212m 224 gt Au

17m 1783 gt Au

141m 028 gt Au

31m

02 gt Au

127m 126 gt AuIncluding13m 338 gt Au2m 222 gt Au2m 227 gt Au2m 290 gt Au10m 23 gt Au

1695m 495 gt AuIncluding7m of 795 gt Au

33m 184 gt AuIncluding15m 475 gt Au

36m 164 gt AuIncluding2m 221 gt Au

2m 168 gt Au

2m 107 gt Au

4m 1367 gt Au

2m 179 gt Au

2m 10 gt Au

1m 111 gt Au

2m 2545 gt Au

6m 312 gt Au

2m 213 gt Au

175m 117 gt Au

2m 281 gt Au

14m 159 gt Au

19m 544 gt Au

415m 214 gt Au

4m 318 gt Au

2m 243 gt Au

5m 225 gt Au

4m 16 gt Au

2m 213 gt Au

2m 235 gt Au

14m 827 gt Au

6m 309 gt AuIncluding

1m 231 gt Au

2m 325 gt Au

2m 575 gt A

u

5252210

10001110

25450

9282210

1590

960

12101240

2130

1170

827

2310

575

1460

607

2256

614

1783

934

(Looking North)

Spectrum Gold Project - Section 4750N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

536

843

979

856

212

265328

240

205334

383

233

354203

950

271

247

345211

439

2983780

223

204

4980

287285

641774

238

918

207

296224

247214

223

398

799

353

219

226288

254

219

562

247

233

785

298

291

1196675

273

683

967

556

6021020

231

495

1200

390

220

3500

684447

356

756

590

324

220

451

832

645

1390

804

6m 786 gt Au

16m 856 gt Au

738m 179 gt Au

38m 128 gt Au

6m 207 gt Au

4m 286 gt Au

4m 708 gt Au

40m 131 gt Au

425m 136 gt Au

799m 156 gt Au

1247m 084 gt Au

61m 162 gt AuIncluding2m 238 gt Au4m 562 gt Au6m 199 gt Au2m 247 gt Au2m 214 gt Au

36m 104 gt AuIncluding5m 2 gt Au2m 228 gt Au135m 24 gt Au

12m 362 gt AuIncluding2m 95 gt Au

184m 64 gt AuIncluding39m 2527 gt AuAlso Including19m 50 gt Au

17m 18 gt AuIncluding20m 683 gt Au30m 245 gt Au

17m 967 gt Au

11m 31 gt AuIncluding22m 556 gt Au

6m 544 gt AuIncluding2m 102 gt Au

15m 456 gt Au

66m 1059 gt AuIncluding14m 378 gt Au

2m

231 gt Au

8m 536 gt AuIncluding2m 12 gt Au

14m 782 gt AuIncluding2m 35 gt Au

2m

756 gt Au

2m

59 gt A

u

225m

22 gt Au

15m

451 gt Au

2m 236 gt Au

2m 251 gt Au

2m 832 gt Au

2m 46 gt Au

26m 1018 gt Au

09m 804 gt Au

200 m

S15-011

S15-011

S15-012

S15-012

100 m

S15-016

S15-016

100 m

200 m

300 m

S15-042

S15-042

100 m

S15-048

S15-048(NSV)

100 m

200 m

S15-049

S15-049

100 m

200 m

300 m

S15-052

S15-052

100 m

200 m

300 m

S15-057

S15-057

100 m

S79-01

S79-01

S79-03

S80-19

S80-19

100 m

S92-92

S92-92

S15-070

100 m

200 m

300 m

400 m

S15-07

0

(Looking North)

Spectrum Gold Project - Section 4810N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

294

288

883613587

228

379

7450

504

254

1220

879

222

207

286

222

229

706

315

312

291

607

363

315

459

2670

594

2m 294 gt Au

2m 288 gt Au

2615m 821 gt AuIncluding915m 473 gt AuAlso Including215m 88 gt Au15m 61 gt Au2m 59 gt Au35m 442 gt AuAlso Including2m 745 gt Au

44m 112 gt AuIncluding2m 254 gt Au15m 122 gt Au

1m 879 gt Au

137m 064 gt Au

14m 262 gt Au

6m 204 gt Au

87m 286 gt Au

8m 218 gt Au

55m 344 gt Au

6m 555 gt Au

20m

222 gt Au

22m 207 gt Au

2m 286 gt A

u2m 222 gt A

u

2m 225 gt Au

2m 476 gt Au

1m 267 gt Au

11m 282 gt A

u

21m 293 gt Au

2m 266 gt Au

14m 594 gt Au

200 m

S15-015

S15-015

S15-021

S15-021

100 m

S15-028

100 m

200 m

300 m

S15-051

S15-051

100 m

200 m

300 m

S15-056

S15-056

S15-062

(NSV)

300 m

400 m

500 m

S15-062(Cont on 4890N)

S80-23

100 m

S80-23100 m

S80-26

S80-2

6100 m

S80-27

S80-27

S90-48

S90-48

S15-028

100 m

200 m

300 m

400 m

S15-067

S15-067

S15-069

100 m

200 m

400 m

S15-069

(Cont on 4890N)

(Looking North)

Spectrum Gold Project - Section 4850N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

41

11

00

E4

11

10

0 E

41

11

50

E4

11

15

0 E

41

12

00

E4

11

20

0 E

41

12

50

E4

11

25

0 E

41

13

00

E4

11

30

0 E

41

13

50

E4

11

35

0 E

41

14

00

E

41

14

50

E

41

15

00

E4

11

50

0 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

243

316

295

266697256

272359

879

925690

256

274

268

283

829

207

473

582

586

1860427

995

592

983

8090

288

240

405

1587

442

405

261

208

1020

12m 154 gt AuIncluding2m 243 gt Au4m 306 gt Au

21m

09 gt Au

135m 278 gt AuIncluding2m 697 gt Au

1m 879 gt Au

6m 555 gt Au

2m 256 gt Au

4m 271 gt Au

2m 283 gt Au

1m 829 gt Au

2m 473 gt Au

135m 582 gt Au

2m 586 gt Au

93m 395 gt AuIncluding13m 186 gt Au2m 427 gt Au

15m 995 gt Au1m 592 gt Au

23m 809 gt Au

9m 173 gt Au

122m 157 gt Au

85m 123 gt Au

47m 279 gt Au

19m 39 gt Au

144m 117 gt Au

2m 983 gt A

u

2m 253 gt A

u

1m 102 gt A

u

100 m

200 m

S15-019

S15-019

S15-028

S15-028

100 m

200 m

S15-031

S15-031

100 m

200 m

S15-041

S15-041

100 m

200 m

300 m

S15-050

S15-050

100 m

200 m

300 m

S15-053

S15-053

S15-062

(Cont from

4850N)

600 m

S15-062(NSV)

S79-04S79-05

S79-05

S79-06

S79-06

S79-07

S79-08

S79-08

S80-23

S80-23

S80-28

S80-28

100 m

S89-35

S89-35

100 m

S92-91

S92-91

S1

5-0

69

(Co

nt fro

m 4

85

0N)

400

m

S1

5-0

69

(Looking North)

Spectrum Gold Project - Section 4890N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

500 Colour Zone

Central Zone(Porphyry and QC structures)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 24:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

Page13 613 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 11330 11500 170 96716500 17600 1100 310

Including 16710 16930 220 55619200 19800 600 544 11119600 19800 200 102 29020700 20850 150 456

S15-shy‐043 265 -shy‐45 362 19700 20100 400 2424Including 19900 20100 200 448

21060 22200 1140 1673Including 21600 21800 200 818 56

23000 23400 400 2659Including 23000 23200 200 465

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 40 014Including 5700 5900 200 662 68 027

And 14100 14300 200 327 54 01320200 24973 4773 049 30 013

S15-shy‐045 265 -shy‐45 275 18500 18700 200 21321700 21900 200 235

S15-shy‐046 265 -shy‐45 266 4000 4400 400 30615900 16100 200 41919200 19600 400 1697 100

Including 19400 19600 200 298 150 015

S15-shy‐047 265 -shy‐45 320 12200 12400 200 23325495 25635 140 154 210 011

S15-shy‐048 265 -shy‐55 1498

S15-shy‐049 265 -shy‐45 269 12500 12700 200 23118500 19300 800 536

Including 18700 18900 200 12021100 22500 1400 782 011

Including 21500 21700 200 350 79 022

Abandoned13 Before13 Zone13 -shy‐13 No13 Significant13 Values

Page13 713 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 23500 23700 200 75624300 24500 200 590

S15-shy‐050 265 -shy‐50 338 28800 29000 200 983

S15-shy‐051 265 -shy‐50 385 2800 3000 200 2229030 9250 220 20721950 22150 200 286 117 01323750 23950 200 222

S15-shy‐052 265 -shy‐46 365 22575 22800 225 22029650 29800 150 451

S15-shy‐053 256 -shy‐46 341

S15-shy‐054 252 -shy‐45 256

S15-shy‐055 265 -shy‐45 3813 20000 20600 600 309Including 20460 20600 140 827

28650 28750 100 2310

S15-shy‐056 265 -shy‐50 365 25600 25800 200 22531300 31500 200 47635900 36000 100 267

S15-shy‐057 265 -shy‐46 395 21700 21900 200 236 37130200 30400 200 25132800 33000 200 832 127 038

S15-shy‐058 265 -shy‐45 212

S15-shy‐059 265 -shy‐65 21430

S15-shy‐060 265 -shy‐45 422 20700 21300 600 327Including 21100 21300 200 589

25200 27000 1800 613 008Including 25800 25900 100 110 010

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 813 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 And 26400 26500 100 300 52 006And 26830 27000 170 306 019

30400 30600 200 210

S15-shy‐061 265 -shy‐45 317 18000 18200 200 33518800 19000 200 23422400 30000 7600 113 24 006

including 22400 22600 200 208And 24600 24800 200 247And 26400 28200 1800 269

Including 26400 26600 200 578 63And 28000 28200 200 1190

29800 30000 200 206 84

S15-shy‐062 263 -shy‐45 740

S15-shy‐063 265 -shy‐45 4472 21930 22130 200 485 642 05323600 23800 200 27328400 28600 200 40539800 41800 2000 187

Including 39600 40400 800 404Including 40200 40400 200 875

41800 42000 200 289

S15-shy‐064 265 -shy‐45 473 19100 19300 200 325 106033600 33800 200 575

S15-shy‐06513 (Boundary)

265 -shy‐45 265 2800 3000 200 332

12686 12800 114 1050

S15-shy‐06613 13 13 13 (30013 Colour)

70 -shy‐50 182 3200 3400 200 464

S15-shy‐067 270 -shy‐50 404

No13 Significant13 Values

No13 Significant13 Values

Page13 913 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐06813 13 13 13

(30013 Colour)50 -shy‐50 242 5000 10200 5200 115

Including 5200 6800 1600 18713200 13400 200 231

S15-shy‐069 270 -shy‐45 470 5600 5810 210 293 1016400 6600 200 26629865 30005 140 594 7942000 42200 200 253 01042580 42680 100 1020 1170 024

S15-shy‐070 270 -shy‐46 449 33600 33800 200 46039340 39600 260 1018 660 02141110 41200 090 804 011

NotesAll13 values13 are13 un-shy‐cutTrue13 width13 is13 estimated13 to13 be13 5513 to13 7013 of13 down13 hole13 intervalAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

Porphyry13 Au-shy‐Ag-shy‐Cu13 Intervals13 for13 201513 Spectrum13 holes

DDH13 Azimuth DipTotal13

Depth13 (m)From13 (m) To13 (m)

Interval13 (m)

Au13 gt13 (uncut) Ag13 gt Cu13

S15-shy‐011 270 -shy‐45 2235 300 20600 20300 097 33 012

S15-shy‐012 270 -shy‐55 251 250 23800 23550 141 42 007

S15-shy‐013 270 -shy‐45 200 300 19800 19500 075 39 015

S15-shy‐014 270 -shy‐58 2175 300 21200 20900 122 48 017

S15-shy‐016 270 -shy‐48 179 1130 17600 16470 090 41 014

S15-shy‐023 270 -shy‐45 225 430 21000 20570 047 28 009

S15-shy‐024 270 -shy‐60 244 300 19264 18964 088 26 006

S15-shy‐025 270 -shy‐45 181 1100 16600 15500 074 16 005

S15-shy‐026 270 -shy‐45 260 12050 22095 10045 092 22 006

S15-shy‐028 270 -shy‐50 254 500 22900 22400 061 29 007

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 402 014And 20200 24973 4773 049 302 013

All13 values13 are13 un-shy‐cutAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

sup3

sup3

sup3sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3 sup3

sup3 sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3 sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3

$1

$1

$1

$1

$1

$1

$1$1

$1

$1

$1

$1 $1

$1

$1

$1

$1

$1

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$1 $1

$1

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$1

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$1

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$1$1

$1

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$1

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$1$1

$1$1$1

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$1

$1

$1$1

$1

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$1

$1

$1

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$1

$1$1

$1$1

$1

$1$1

$1

$1

$1

$1

$1

$1$1

$1

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$1$1

$1

$1

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$1 $1

$1

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$1$1

$1

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$1

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$1

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$1

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$1 $1$1

$1

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1600 m

S15-037

S15-035S15-029

S15-027

S15-026

S15-025

S15-032S15-030

S15-039S15-022S15-024

S15-040

S15-036S15-034 S15-060

S15-031

S15-028S15-041

S15-043

S15-049

S-4S-3

S-2

S15-038

4850N

4890N

5035N

5010N

5195N

S15-047

S15-044 S15-046

S15-050

S15-042

S15-048

S15-045

S15-052

S15-051

4975N

5150N

5235N

5095N

4810N

4750N

4700N

4930N

5285N

S91-82

14-SP-009

S91-83

S91-73

S91-66

S89-34

S91-71

S80-21

S91-70

S91-85

S91-78

S91-86

S90-46

S91-74

S80-13

14-SP-001

14-SP-004

S80-14

S91-81

14-SP-007

S91-68

S91-79

S91-63

S91-84

S90-51

S89-35

14-SP-006S90-59

S80-11

S90-52

S90-49

S90-54

S92-90

S80-12

S90-55

S91-80

S89-37

S79-08

S80-22

S90-56

S90-44

S79-06

S91-64

S90-50

S90-45

S90-58

S90-60

S90-43

S91-75

S92-92

S92-91

S89-36

S80-17

S90-61

S-1

S89-41

14-SP-005

S80-20

S90-47

14-SP-002

14-SP-008

S79-03

S80-26

S80-24

S80-18

S89-33

S80-28

S80-15

S79-02

S79-10

S90-62S91-67

S79-01

S90-57

S79-05

S80-27

S80-25

S79-07

S80-19

S79-04

S79-09

S90-48

S91-65

S91-69

S91-72S91-76

S91-77

14-SP-003

S80-16

S90-53

S89-39

S15-015

S15-010

S15-012

S15-017

S15-016

S15-011

S15-013S15-014

S15-018

S15-019

S15-020

S15-023

S15-056

S15-053

S15-054

S15-058

S15-064

S15-055

S15-057

S15-059

S15-033

S15-061

S15-063

S15-064

S15-062

S15-065S15-066

S15-068

S15-067S15-070

S15-069S15-021

Mt Edziza FlowsMt Edziza Flows

Stuhini VolcanicsStuhini Volcanics

Stuhini VolcanicsStuhini Volcanics

1500 m

1700 m

410800

410800

411000

411000

411200

411200

411400

411400

411600

411600

411800

411800

6394

600

6394

600

6394

800

6394

800

6395

000

6395

000

6395

200

6395

200

0 50 100 15025

Meters

sup3

500 Colour Zone

Central Zone(Porphyry and QC Structures)

O P E N

O P E N

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Exploration Trail

Cross Section Line

Monzonite

sup3$1 2015 Drill Hole (Complete)

sup3 2015 Drill Hole (In Progress)$1

sup3 2014 Drill Hole

sup3 Historic Drill Hole

$1

$1

Road Zone

Spectrum GoldDiamond Drill Hole Plan Map

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 0020

Date - 2012610 5Drawn By - CSG

TSX-V SKE

O P E N

Boundary Zone

O P E N

O P E N

O P E NO P E N

O P E N

300 Colour Zone

O P E N

O P E N

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410800 E

410850 E

410850 E

410900 E

410900 E

410950 E

410950 E

6395200 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m 1600 m

1650 m 1650 m

1700 m 1700 m

2m 464 gt Au

100 m

S15-066

S15-066

TSXV SKE

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410820 E

410840 E

410860 E

410880 E

410880 E

410900 E

410900 E

410920 E

410920 E

410940 E

410940 E

410960 E

410960 E

410980 E

410980 E

6395080 N

6395100 N

6395120 N

6395140 N

6395140 N

6395160 N

6395160 N

6395180 N

6395180 N

6395200 N

6395200 N

6395220 N

6395220 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m

1650 m 1650 m

1700 m 1700 m

559

294552

m 115 gt Au

2m 231 gt Au

100 m

S15-068

S15-068

S89-37

S89-3

7

S90-43

S90-43

100 m

S90-44

S90-44

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4610N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Monzonite (Lower)

100 m

200 m

S15-058

S15-058

(NSV)

100 m

200 m

S15-059

S15-059(NSV)

S90-49

100 m

S90-49

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4645N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-054

S15-054

(NSV)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4700N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

100 m

300 m

S15-043

S15-043

100 m

200 m

300 m

S90-50

100 m

S90-50

300 m

200 m

100 m

S15-061

S15-061

S15-063

S15-063

101m 072 gt Au

137m 112 gt Au

4m 2424 gt AuIncluding2m 448 gt Au

114m 1673 gt AuIncluding2m 818 gt Au

4m 2659 gt AuIncluding2m 465 gt Au2m 668 gt Au

2m

335 gt Au

2m 234 gt Au

2m 208 gt Au

2m 247 gt Au

18m 269 gt Au

2m 206 gt Au

2m 485 gt Au

2m 273 gt Au

2m 405 gt A

uIncluding2m 578 gt Au

2m 119 gt Au

2m 289 gt A

u

8m 404 gt AuIncluding

2m 875 gt Au

4480

8180

4650668

578

1190

875

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-009

14-SP-009

100 m

200 m

S15-010

S15-010

100 m

200 m

S15-013

S15-013

100 m

200 m

S15-014

S15-014

100 m

200 m

300 m

400 m

S15-045

S15-045

300 m

100 m

S79-02

S79-02

100 m

S80-18

S80-18

100 m

S89-34

S89-34

100 m

200 m

S15-055

S15-055

100 m

200 m

300 m

400 m

S15-064

S15-064

17m

419 gt Au

2m 292 gt Au

198m 134 gt Au

212m 224 gt Au

17m 1783 gt Au

141m 028 gt Au

31m

02 gt Au

127m 126 gt AuIncluding13m 338 gt Au2m 222 gt Au2m 227 gt Au2m 290 gt Au10m 23 gt Au

1695m 495 gt AuIncluding7m of 795 gt Au

33m 184 gt AuIncluding15m 475 gt Au

36m 164 gt AuIncluding2m 221 gt Au

2m 168 gt Au

2m 107 gt Au

4m 1367 gt Au

2m 179 gt Au

2m 10 gt Au

1m 111 gt Au

2m 2545 gt Au

6m 312 gt Au

2m 213 gt Au

175m 117 gt Au

2m 281 gt Au

14m 159 gt Au

19m 544 gt Au

415m 214 gt Au

4m 318 gt Au

2m 243 gt Au

5m 225 gt Au

4m 16 gt Au

2m 213 gt Au

2m 235 gt Au

14m 827 gt Au

6m 309 gt AuIncluding

1m 231 gt Au

2m 325 gt Au

2m 575 gt A

u

5252210

10001110

25450

9282210

1590

960

12101240

2130

1170

827

2310

575

1460

607

2256

614

1783

934

(Looking North)

Spectrum Gold Project - Section 4750N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

536

843

979

856

212

265328

240

205334

383

233

354203

950

271

247

345211

439

2983780

223

204

4980

287285

641774

238

918

207

296224

247214

223

398

799

353

219

226288

254

219

562

247

233

785

298

291

1196675

273

683

967

556

6021020

231

495

1200

390

220

3500

684447

356

756

590

324

220

451

832

645

1390

804

6m 786 gt Au

16m 856 gt Au

738m 179 gt Au

38m 128 gt Au

6m 207 gt Au

4m 286 gt Au

4m 708 gt Au

40m 131 gt Au

425m 136 gt Au

799m 156 gt Au

1247m 084 gt Au

61m 162 gt AuIncluding2m 238 gt Au4m 562 gt Au6m 199 gt Au2m 247 gt Au2m 214 gt Au

36m 104 gt AuIncluding5m 2 gt Au2m 228 gt Au135m 24 gt Au

12m 362 gt AuIncluding2m 95 gt Au

184m 64 gt AuIncluding39m 2527 gt AuAlso Including19m 50 gt Au

17m 18 gt AuIncluding20m 683 gt Au30m 245 gt Au

17m 967 gt Au

11m 31 gt AuIncluding22m 556 gt Au

6m 544 gt AuIncluding2m 102 gt Au

15m 456 gt Au

66m 1059 gt AuIncluding14m 378 gt Au

2m

231 gt Au

8m 536 gt AuIncluding2m 12 gt Au

14m 782 gt AuIncluding2m 35 gt Au

2m

756 gt Au

2m

59 gt A

u

225m

22 gt Au

15m

451 gt Au

2m 236 gt Au

2m 251 gt Au

2m 832 gt Au

2m 46 gt Au

26m 1018 gt Au

09m 804 gt Au

200 m

S15-011

S15-011

S15-012

S15-012

100 m

S15-016

S15-016

100 m

200 m

300 m

S15-042

S15-042

100 m

S15-048

S15-048(NSV)

100 m

200 m

S15-049

S15-049

100 m

200 m

300 m

S15-052

S15-052

100 m

200 m

300 m

S15-057

S15-057

100 m

S79-01

S79-01

S79-03

S80-19

S80-19

100 m

S92-92

S92-92

S15-070

100 m

200 m

300 m

400 m

S15-07

0

(Looking North)

Spectrum Gold Project - Section 4810N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

294

288

883613587

228

379

7450

504

254

1220

879

222

207

286

222

229

706

315

312

291

607

363

315

459

2670

594

2m 294 gt Au

2m 288 gt Au

2615m 821 gt AuIncluding915m 473 gt AuAlso Including215m 88 gt Au15m 61 gt Au2m 59 gt Au35m 442 gt AuAlso Including2m 745 gt Au

44m 112 gt AuIncluding2m 254 gt Au15m 122 gt Au

1m 879 gt Au

137m 064 gt Au

14m 262 gt Au

6m 204 gt Au

87m 286 gt Au

8m 218 gt Au

55m 344 gt Au

6m 555 gt Au

20m

222 gt Au

22m 207 gt Au

2m 286 gt A

u2m 222 gt A

u

2m 225 gt Au

2m 476 gt Au

1m 267 gt Au

11m 282 gt A

u

21m 293 gt Au

2m 266 gt Au

14m 594 gt Au

200 m

S15-015

S15-015

S15-021

S15-021

100 m

S15-028

100 m

200 m

300 m

S15-051

S15-051

100 m

200 m

300 m

S15-056

S15-056

S15-062

(NSV)

300 m

400 m

500 m

S15-062(Cont on 4890N)

S80-23

100 m

S80-23100 m

S80-26

S80-2

6100 m

S80-27

S80-27

S90-48

S90-48

S15-028

100 m

200 m

300 m

400 m

S15-067

S15-067

S15-069

100 m

200 m

400 m

S15-069

(Cont on 4890N)

(Looking North)

Spectrum Gold Project - Section 4850N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

41

11

00

E4

11

10

0 E

41

11

50

E4

11

15

0 E

41

12

00

E4

11

20

0 E

41

12

50

E4

11

25

0 E

41

13

00

E4

11

30

0 E

41

13

50

E4

11

35

0 E

41

14

00

E

41

14

50

E

41

15

00

E4

11

50

0 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

243

316

295

266697256

272359

879

925690

256

274

268

283

829

207

473

582

586

1860427

995

592

983

8090

288

240

405

1587

442

405

261

208

1020

12m 154 gt AuIncluding2m 243 gt Au4m 306 gt Au

21m

09 gt Au

135m 278 gt AuIncluding2m 697 gt Au

1m 879 gt Au

6m 555 gt Au

2m 256 gt Au

4m 271 gt Au

2m 283 gt Au

1m 829 gt Au

2m 473 gt Au

135m 582 gt Au

2m 586 gt Au

93m 395 gt AuIncluding13m 186 gt Au2m 427 gt Au

15m 995 gt Au1m 592 gt Au

23m 809 gt Au

9m 173 gt Au

122m 157 gt Au

85m 123 gt Au

47m 279 gt Au

19m 39 gt Au

144m 117 gt Au

2m 983 gt A

u

2m 253 gt A

u

1m 102 gt A

u

100 m

200 m

S15-019

S15-019

S15-028

S15-028

100 m

200 m

S15-031

S15-031

100 m

200 m

S15-041

S15-041

100 m

200 m

300 m

S15-050

S15-050

100 m

200 m

300 m

S15-053

S15-053

S15-062

(Cont from

4850N)

600 m

S15-062(NSV)

S79-04S79-05

S79-05

S79-06

S79-06

S79-07

S79-08

S79-08

S80-23

S80-23

S80-28

S80-28

100 m

S89-35

S89-35

100 m

S92-91

S92-91

S1

5-0

69

(Co

nt fro

m 4

85

0N)

400

m

S1

5-0

69

(Looking North)

Spectrum Gold Project - Section 4890N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

500 Colour Zone

Central Zone(Porphyry and QC structures)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 25:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

Page13 713 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 23500 23700 200 75624300 24500 200 590

S15-shy‐050 265 -shy‐50 338 28800 29000 200 983

S15-shy‐051 265 -shy‐50 385 2800 3000 200 2229030 9250 220 20721950 22150 200 286 117 01323750 23950 200 222

S15-shy‐052 265 -shy‐46 365 22575 22800 225 22029650 29800 150 451

S15-shy‐053 256 -shy‐46 341

S15-shy‐054 252 -shy‐45 256

S15-shy‐055 265 -shy‐45 3813 20000 20600 600 309Including 20460 20600 140 827

28650 28750 100 2310

S15-shy‐056 265 -shy‐50 365 25600 25800 200 22531300 31500 200 47635900 36000 100 267

S15-shy‐057 265 -shy‐46 395 21700 21900 200 236 37130200 30400 200 25132800 33000 200 832 127 038

S15-shy‐058 265 -shy‐45 212

S15-shy‐059 265 -shy‐65 21430

S15-shy‐060 265 -shy‐45 422 20700 21300 600 327Including 21100 21300 200 589

25200 27000 1800 613 008Including 25800 25900 100 110 010

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

No13 Significant13 Values

Page13 813 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 And 26400 26500 100 300 52 006And 26830 27000 170 306 019

30400 30600 200 210

S15-shy‐061 265 -shy‐45 317 18000 18200 200 33518800 19000 200 23422400 30000 7600 113 24 006

including 22400 22600 200 208And 24600 24800 200 247And 26400 28200 1800 269

Including 26400 26600 200 578 63And 28000 28200 200 1190

29800 30000 200 206 84

S15-shy‐062 263 -shy‐45 740

S15-shy‐063 265 -shy‐45 4472 21930 22130 200 485 642 05323600 23800 200 27328400 28600 200 40539800 41800 2000 187

Including 39600 40400 800 404Including 40200 40400 200 875

41800 42000 200 289

S15-shy‐064 265 -shy‐45 473 19100 19300 200 325 106033600 33800 200 575

S15-shy‐06513 (Boundary)

265 -shy‐45 265 2800 3000 200 332

12686 12800 114 1050

S15-shy‐06613 13 13 13 (30013 Colour)

70 -shy‐50 182 3200 3400 200 464

S15-shy‐067 270 -shy‐50 404

No13 Significant13 Values

No13 Significant13 Values

Page13 913 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐06813 13 13 13

(30013 Colour)50 -shy‐50 242 5000 10200 5200 115

Including 5200 6800 1600 18713200 13400 200 231

S15-shy‐069 270 -shy‐45 470 5600 5810 210 293 1016400 6600 200 26629865 30005 140 594 7942000 42200 200 253 01042580 42680 100 1020 1170 024

S15-shy‐070 270 -shy‐46 449 33600 33800 200 46039340 39600 260 1018 660 02141110 41200 090 804 011

NotesAll13 values13 are13 un-shy‐cutTrue13 width13 is13 estimated13 to13 be13 5513 to13 7013 of13 down13 hole13 intervalAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

Porphyry13 Au-shy‐Ag-shy‐Cu13 Intervals13 for13 201513 Spectrum13 holes

DDH13 Azimuth DipTotal13

Depth13 (m)From13 (m) To13 (m)

Interval13 (m)

Au13 gt13 (uncut) Ag13 gt Cu13

S15-shy‐011 270 -shy‐45 2235 300 20600 20300 097 33 012

S15-shy‐012 270 -shy‐55 251 250 23800 23550 141 42 007

S15-shy‐013 270 -shy‐45 200 300 19800 19500 075 39 015

S15-shy‐014 270 -shy‐58 2175 300 21200 20900 122 48 017

S15-shy‐016 270 -shy‐48 179 1130 17600 16470 090 41 014

S15-shy‐023 270 -shy‐45 225 430 21000 20570 047 28 009

S15-shy‐024 270 -shy‐60 244 300 19264 18964 088 26 006

S15-shy‐025 270 -shy‐45 181 1100 16600 15500 074 16 005

S15-shy‐026 270 -shy‐45 260 12050 22095 10045 092 22 006

S15-shy‐028 270 -shy‐50 254 500 22900 22400 061 29 007

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 402 014And 20200 24973 4773 049 302 013

All13 values13 are13 un-shy‐cutAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

sup3

sup3

sup3sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

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sup3

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sup3

sup3

sup3

sup3

sup3

sup3

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sup3

sup3

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sup3

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sup3

sup3

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sup3

sup3

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sup3 sup3

sup3 sup3

sup3

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sup3

sup3

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sup3

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sup3

sup3 sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

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sup3

sup3sup3

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$1

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1600 m

S15-037

S15-035S15-029

S15-027

S15-026

S15-025

S15-032S15-030

S15-039S15-022S15-024

S15-040

S15-036S15-034 S15-060

S15-031

S15-028S15-041

S15-043

S15-049

S-4S-3

S-2

S15-038

4850N

4890N

5035N

5010N

5195N

S15-047

S15-044 S15-046

S15-050

S15-042

S15-048

S15-045

S15-052

S15-051

4975N

5150N

5235N

5095N

4810N

4750N

4700N

4930N

5285N

S91-82

14-SP-009

S91-83

S91-73

S91-66

S89-34

S91-71

S80-21

S91-70

S91-85

S91-78

S91-86

S90-46

S91-74

S80-13

14-SP-001

14-SP-004

S80-14

S91-81

14-SP-007

S91-68

S91-79

S91-63

S91-84

S90-51

S89-35

14-SP-006S90-59

S80-11

S90-52

S90-49

S90-54

S92-90

S80-12

S90-55

S91-80

S89-37

S79-08

S80-22

S90-56

S90-44

S79-06

S91-64

S90-50

S90-45

S90-58

S90-60

S90-43

S91-75

S92-92

S92-91

S89-36

S80-17

S90-61

S-1

S89-41

14-SP-005

S80-20

S90-47

14-SP-002

14-SP-008

S79-03

S80-26

S80-24

S80-18

S89-33

S80-28

S80-15

S79-02

S79-10

S90-62S91-67

S79-01

S90-57

S79-05

S80-27

S80-25

S79-07

S80-19

S79-04

S79-09

S90-48

S91-65

S91-69

S91-72S91-76

S91-77

14-SP-003

S80-16

S90-53

S89-39

S15-015

S15-010

S15-012

S15-017

S15-016

S15-011

S15-013S15-014

S15-018

S15-019

S15-020

S15-023

S15-056

S15-053

S15-054

S15-058

S15-064

S15-055

S15-057

S15-059

S15-033

S15-061

S15-063

S15-064

S15-062

S15-065S15-066

S15-068

S15-067S15-070

S15-069S15-021

Mt Edziza FlowsMt Edziza Flows

Stuhini VolcanicsStuhini Volcanics

Stuhini VolcanicsStuhini Volcanics

1500 m

1700 m

410800

410800

411000

411000

411200

411200

411400

411400

411600

411600

411800

411800

6394

600

6394

600

6394

800

6394

800

6395

000

6395

000

6395

200

6395

200

0 50 100 15025

Meters

sup3

500 Colour Zone

Central Zone(Porphyry and QC Structures)

O P E N

O P E N

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Exploration Trail

Cross Section Line

Monzonite

sup3$1 2015 Drill Hole (Complete)

sup3 2015 Drill Hole (In Progress)$1

sup3 2014 Drill Hole

sup3 Historic Drill Hole

$1

$1

Road Zone

Spectrum GoldDiamond Drill Hole Plan Map

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 0020

Date - 2012610 5Drawn By - CSG

TSX-V SKE

O P E N

Boundary Zone

O P E N

O P E N

O P E NO P E N

O P E N

300 Colour Zone

O P E N

O P E N

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410800 E

410850 E

410850 E

410900 E

410900 E

410950 E

410950 E

6395200 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m 1600 m

1650 m 1650 m

1700 m 1700 m

2m 464 gt Au

100 m

S15-066

S15-066

TSXV SKE

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410820 E

410840 E

410860 E

410880 E

410880 E

410900 E

410900 E

410920 E

410920 E

410940 E

410940 E

410960 E

410960 E

410980 E

410980 E

6395080 N

6395100 N

6395120 N

6395140 N

6395140 N

6395160 N

6395160 N

6395180 N

6395180 N

6395200 N

6395200 N

6395220 N

6395220 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m

1650 m 1650 m

1700 m 1700 m

559

294552

m 115 gt Au

2m 231 gt Au

100 m

S15-068

S15-068

S89-37

S89-3

7

S90-43

S90-43

100 m

S90-44

S90-44

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4610N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Monzonite (Lower)

100 m

200 m

S15-058

S15-058

(NSV)

100 m

200 m

S15-059

S15-059(NSV)

S90-49

100 m

S90-49

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4645N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-054

S15-054

(NSV)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4700N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

100 m

300 m

S15-043

S15-043

100 m

200 m

300 m

S90-50

100 m

S90-50

300 m

200 m

100 m

S15-061

S15-061

S15-063

S15-063

101m 072 gt Au

137m 112 gt Au

4m 2424 gt AuIncluding2m 448 gt Au

114m 1673 gt AuIncluding2m 818 gt Au

4m 2659 gt AuIncluding2m 465 gt Au2m 668 gt Au

2m

335 gt Au

2m 234 gt Au

2m 208 gt Au

2m 247 gt Au

18m 269 gt Au

2m 206 gt Au

2m 485 gt Au

2m 273 gt Au

2m 405 gt A

uIncluding2m 578 gt Au

2m 119 gt Au

2m 289 gt A

u

8m 404 gt AuIncluding

2m 875 gt Au

4480

8180

4650668

578

1190

875

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-009

14-SP-009

100 m

200 m

S15-010

S15-010

100 m

200 m

S15-013

S15-013

100 m

200 m

S15-014

S15-014

100 m

200 m

300 m

400 m

S15-045

S15-045

300 m

100 m

S79-02

S79-02

100 m

S80-18

S80-18

100 m

S89-34

S89-34

100 m

200 m

S15-055

S15-055

100 m

200 m

300 m

400 m

S15-064

S15-064

17m

419 gt Au

2m 292 gt Au

198m 134 gt Au

212m 224 gt Au

17m 1783 gt Au

141m 028 gt Au

31m

02 gt Au

127m 126 gt AuIncluding13m 338 gt Au2m 222 gt Au2m 227 gt Au2m 290 gt Au10m 23 gt Au

1695m 495 gt AuIncluding7m of 795 gt Au

33m 184 gt AuIncluding15m 475 gt Au

36m 164 gt AuIncluding2m 221 gt Au

2m 168 gt Au

2m 107 gt Au

4m 1367 gt Au

2m 179 gt Au

2m 10 gt Au

1m 111 gt Au

2m 2545 gt Au

6m 312 gt Au

2m 213 gt Au

175m 117 gt Au

2m 281 gt Au

14m 159 gt Au

19m 544 gt Au

415m 214 gt Au

4m 318 gt Au

2m 243 gt Au

5m 225 gt Au

4m 16 gt Au

2m 213 gt Au

2m 235 gt Au

14m 827 gt Au

6m 309 gt AuIncluding

1m 231 gt Au

2m 325 gt Au

2m 575 gt A

u

5252210

10001110

25450

9282210

1590

960

12101240

2130

1170

827

2310

575

1460

607

2256

614

1783

934

(Looking North)

Spectrum Gold Project - Section 4750N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

536

843

979

856

212

265328

240

205334

383

233

354203

950

271

247

345211

439

2983780

223

204

4980

287285

641774

238

918

207

296224

247214

223

398

799

353

219

226288

254

219

562

247

233

785

298

291

1196675

273

683

967

556

6021020

231

495

1200

390

220

3500

684447

356

756

590

324

220

451

832

645

1390

804

6m 786 gt Au

16m 856 gt Au

738m 179 gt Au

38m 128 gt Au

6m 207 gt Au

4m 286 gt Au

4m 708 gt Au

40m 131 gt Au

425m 136 gt Au

799m 156 gt Au

1247m 084 gt Au

61m 162 gt AuIncluding2m 238 gt Au4m 562 gt Au6m 199 gt Au2m 247 gt Au2m 214 gt Au

36m 104 gt AuIncluding5m 2 gt Au2m 228 gt Au135m 24 gt Au

12m 362 gt AuIncluding2m 95 gt Au

184m 64 gt AuIncluding39m 2527 gt AuAlso Including19m 50 gt Au

17m 18 gt AuIncluding20m 683 gt Au30m 245 gt Au

17m 967 gt Au

11m 31 gt AuIncluding22m 556 gt Au

6m 544 gt AuIncluding2m 102 gt Au

15m 456 gt Au

66m 1059 gt AuIncluding14m 378 gt Au

2m

231 gt Au

8m 536 gt AuIncluding2m 12 gt Au

14m 782 gt AuIncluding2m 35 gt Au

2m

756 gt Au

2m

59 gt A

u

225m

22 gt Au

15m

451 gt Au

2m 236 gt Au

2m 251 gt Au

2m 832 gt Au

2m 46 gt Au

26m 1018 gt Au

09m 804 gt Au

200 m

S15-011

S15-011

S15-012

S15-012

100 m

S15-016

S15-016

100 m

200 m

300 m

S15-042

S15-042

100 m

S15-048

S15-048(NSV)

100 m

200 m

S15-049

S15-049

100 m

200 m

300 m

S15-052

S15-052

100 m

200 m

300 m

S15-057

S15-057

100 m

S79-01

S79-01

S79-03

S80-19

S80-19

100 m

S92-92

S92-92

S15-070

100 m

200 m

300 m

400 m

S15-07

0

(Looking North)

Spectrum Gold Project - Section 4810N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

294

288

883613587

228

379

7450

504

254

1220

879

222

207

286

222

229

706

315

312

291

607

363

315

459

2670

594

2m 294 gt Au

2m 288 gt Au

2615m 821 gt AuIncluding915m 473 gt AuAlso Including215m 88 gt Au15m 61 gt Au2m 59 gt Au35m 442 gt AuAlso Including2m 745 gt Au

44m 112 gt AuIncluding2m 254 gt Au15m 122 gt Au

1m 879 gt Au

137m 064 gt Au

14m 262 gt Au

6m 204 gt Au

87m 286 gt Au

8m 218 gt Au

55m 344 gt Au

6m 555 gt Au

20m

222 gt Au

22m 207 gt Au

2m 286 gt A

u2m 222 gt A

u

2m 225 gt Au

2m 476 gt Au

1m 267 gt Au

11m 282 gt A

u

21m 293 gt Au

2m 266 gt Au

14m 594 gt Au

200 m

S15-015

S15-015

S15-021

S15-021

100 m

S15-028

100 m

200 m

300 m

S15-051

S15-051

100 m

200 m

300 m

S15-056

S15-056

S15-062

(NSV)

300 m

400 m

500 m

S15-062(Cont on 4890N)

S80-23

100 m

S80-23100 m

S80-26

S80-2

6100 m

S80-27

S80-27

S90-48

S90-48

S15-028

100 m

200 m

300 m

400 m

S15-067

S15-067

S15-069

100 m

200 m

400 m

S15-069

(Cont on 4890N)

(Looking North)

Spectrum Gold Project - Section 4850N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

41

11

00

E4

11

10

0 E

41

11

50

E4

11

15

0 E

41

12

00

E4

11

20

0 E

41

12

50

E4

11

25

0 E

41

13

00

E4

11

30

0 E

41

13

50

E4

11

35

0 E

41

14

00

E

41

14

50

E

41

15

00

E4

11

50

0 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

243

316

295

266697256

272359

879

925690

256

274

268

283

829

207

473

582

586

1860427

995

592

983

8090

288

240

405

1587

442

405

261

208

1020

12m 154 gt AuIncluding2m 243 gt Au4m 306 gt Au

21m

09 gt Au

135m 278 gt AuIncluding2m 697 gt Au

1m 879 gt Au

6m 555 gt Au

2m 256 gt Au

4m 271 gt Au

2m 283 gt Au

1m 829 gt Au

2m 473 gt Au

135m 582 gt Au

2m 586 gt Au

93m 395 gt AuIncluding13m 186 gt Au2m 427 gt Au

15m 995 gt Au1m 592 gt Au

23m 809 gt Au

9m 173 gt Au

122m 157 gt Au

85m 123 gt Au

47m 279 gt Au

19m 39 gt Au

144m 117 gt Au

2m 983 gt A

u

2m 253 gt A

u

1m 102 gt A

u

100 m

200 m

S15-019

S15-019

S15-028

S15-028

100 m

200 m

S15-031

S15-031

100 m

200 m

S15-041

S15-041

100 m

200 m

300 m

S15-050

S15-050

100 m

200 m

300 m

S15-053

S15-053

S15-062

(Cont from

4850N)

600 m

S15-062(NSV)

S79-04S79-05

S79-05

S79-06

S79-06

S79-07

S79-08

S79-08

S80-23

S80-23

S80-28

S80-28

100 m

S89-35

S89-35

100 m

S92-91

S92-91

S1

5-0

69

(Co

nt fro

m 4

85

0N)

400

m

S1

5-0

69

(Looking North)

Spectrum Gold Project - Section 4890N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

500 Colour Zone

Central Zone(Porphyry and QC structures)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

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)

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Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 26:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

Page13 813 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 And 26400 26500 100 300 52 006And 26830 27000 170 306 019

30400 30600 200 210

S15-shy‐061 265 -shy‐45 317 18000 18200 200 33518800 19000 200 23422400 30000 7600 113 24 006

including 22400 22600 200 208And 24600 24800 200 247And 26400 28200 1800 269

Including 26400 26600 200 578 63And 28000 28200 200 1190

29800 30000 200 206 84

S15-shy‐062 263 -shy‐45 740

S15-shy‐063 265 -shy‐45 4472 21930 22130 200 485 642 05323600 23800 200 27328400 28600 200 40539800 41800 2000 187

Including 39600 40400 800 404Including 40200 40400 200 875

41800 42000 200 289

S15-shy‐064 265 -shy‐45 473 19100 19300 200 325 106033600 33800 200 575

S15-shy‐06513 (Boundary)

265 -shy‐45 265 2800 3000 200 332

12686 12800 114 1050

S15-shy‐06613 13 13 13 (30013 Colour)

70 -shy‐50 182 3200 3400 200 464

S15-shy‐067 270 -shy‐50 404

No13 Significant13 Values

No13 Significant13 Values

Page13 913 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐06813 13 13 13

(30013 Colour)50 -shy‐50 242 5000 10200 5200 115

Including 5200 6800 1600 18713200 13400 200 231

S15-shy‐069 270 -shy‐45 470 5600 5810 210 293 1016400 6600 200 26629865 30005 140 594 7942000 42200 200 253 01042580 42680 100 1020 1170 024

S15-shy‐070 270 -shy‐46 449 33600 33800 200 46039340 39600 260 1018 660 02141110 41200 090 804 011

NotesAll13 values13 are13 un-shy‐cutTrue13 width13 is13 estimated13 to13 be13 5513 to13 7013 of13 down13 hole13 intervalAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

Porphyry13 Au-shy‐Ag-shy‐Cu13 Intervals13 for13 201513 Spectrum13 holes

DDH13 Azimuth DipTotal13

Depth13 (m)From13 (m) To13 (m)

Interval13 (m)

Au13 gt13 (uncut) Ag13 gt Cu13

S15-shy‐011 270 -shy‐45 2235 300 20600 20300 097 33 012

S15-shy‐012 270 -shy‐55 251 250 23800 23550 141 42 007

S15-shy‐013 270 -shy‐45 200 300 19800 19500 075 39 015

S15-shy‐014 270 -shy‐58 2175 300 21200 20900 122 48 017

S15-shy‐016 270 -shy‐48 179 1130 17600 16470 090 41 014

S15-shy‐023 270 -shy‐45 225 430 21000 20570 047 28 009

S15-shy‐024 270 -shy‐60 244 300 19264 18964 088 26 006

S15-shy‐025 270 -shy‐45 181 1100 16600 15500 074 16 005

S15-shy‐026 270 -shy‐45 260 12050 22095 10045 092 22 006

S15-shy‐028 270 -shy‐50 254 500 22900 22400 061 29 007

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 402 014And 20200 24973 4773 049 302 013

All13 values13 are13 un-shy‐cutAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

sup3

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sup3

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$1

$1

$1 $1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1 $1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1

$1$1

$1 $1$1

$1

$1

1600 m

S15-037

S15-035S15-029

S15-027

S15-026

S15-025

S15-032S15-030

S15-039S15-022S15-024

S15-040

S15-036S15-034 S15-060

S15-031

S15-028S15-041

S15-043

S15-049

S-4S-3

S-2

S15-038

4850N

4890N

5035N

5010N

5195N

S15-047

S15-044 S15-046

S15-050

S15-042

S15-048

S15-045

S15-052

S15-051

4975N

5150N

5235N

5095N

4810N

4750N

4700N

4930N

5285N

S91-82

14-SP-009

S91-83

S91-73

S91-66

S89-34

S91-71

S80-21

S91-70

S91-85

S91-78

S91-86

S90-46

S91-74

S80-13

14-SP-001

14-SP-004

S80-14

S91-81

14-SP-007

S91-68

S91-79

S91-63

S91-84

S90-51

S89-35

14-SP-006S90-59

S80-11

S90-52

S90-49

S90-54

S92-90

S80-12

S90-55

S91-80

S89-37

S79-08

S80-22

S90-56

S90-44

S79-06

S91-64

S90-50

S90-45

S90-58

S90-60

S90-43

S91-75

S92-92

S92-91

S89-36

S80-17

S90-61

S-1

S89-41

14-SP-005

S80-20

S90-47

14-SP-002

14-SP-008

S79-03

S80-26

S80-24

S80-18

S89-33

S80-28

S80-15

S79-02

S79-10

S90-62S91-67

S79-01

S90-57

S79-05

S80-27

S80-25

S79-07

S80-19

S79-04

S79-09

S90-48

S91-65

S91-69

S91-72S91-76

S91-77

14-SP-003

S80-16

S90-53

S89-39

S15-015

S15-010

S15-012

S15-017

S15-016

S15-011

S15-013S15-014

S15-018

S15-019

S15-020

S15-023

S15-056

S15-053

S15-054

S15-058

S15-064

S15-055

S15-057

S15-059

S15-033

S15-061

S15-063

S15-064

S15-062

S15-065S15-066

S15-068

S15-067S15-070

S15-069S15-021

Mt Edziza FlowsMt Edziza Flows

Stuhini VolcanicsStuhini Volcanics

Stuhini VolcanicsStuhini Volcanics

1500 m

1700 m

410800

410800

411000

411000

411200

411200

411400

411400

411600

411600

411800

411800

6394

600

6394

600

6394

800

6394

800

6395

000

6395

000

6395

200

6395

200

0 50 100 15025

Meters

sup3

500 Colour Zone

Central Zone(Porphyry and QC Structures)

O P E N

O P E N

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Exploration Trail

Cross Section Line

Monzonite

sup3$1 2015 Drill Hole (Complete)

sup3 2015 Drill Hole (In Progress)$1

sup3 2014 Drill Hole

sup3 Historic Drill Hole

$1

$1

Road Zone

Spectrum GoldDiamond Drill Hole Plan Map

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 0020

Date - 2012610 5Drawn By - CSG

TSX-V SKE

O P E N

Boundary Zone

O P E N

O P E N

O P E NO P E N

O P E N

300 Colour Zone

O P E N

O P E N

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410800 E

410850 E

410850 E

410900 E

410900 E

410950 E

410950 E

6395200 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m 1600 m

1650 m 1650 m

1700 m 1700 m

2m 464 gt Au

100 m

S15-066

S15-066

TSXV SKE

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410820 E

410840 E

410860 E

410880 E

410880 E

410900 E

410900 E

410920 E

410920 E

410940 E

410940 E

410960 E

410960 E

410980 E

410980 E

6395080 N

6395100 N

6395120 N

6395140 N

6395140 N

6395160 N

6395160 N

6395180 N

6395180 N

6395200 N

6395200 N

6395220 N

6395220 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m

1650 m 1650 m

1700 m 1700 m

559

294552

m 115 gt Au

2m 231 gt Au

100 m

S15-068

S15-068

S89-37

S89-3

7

S90-43

S90-43

100 m

S90-44

S90-44

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4610N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Monzonite (Lower)

100 m

200 m

S15-058

S15-058

(NSV)

100 m

200 m

S15-059

S15-059(NSV)

S90-49

100 m

S90-49

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4645N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-054

S15-054

(NSV)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4700N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

100 m

300 m

S15-043

S15-043

100 m

200 m

300 m

S90-50

100 m

S90-50

300 m

200 m

100 m

S15-061

S15-061

S15-063

S15-063

101m 072 gt Au

137m 112 gt Au

4m 2424 gt AuIncluding2m 448 gt Au

114m 1673 gt AuIncluding2m 818 gt Au

4m 2659 gt AuIncluding2m 465 gt Au2m 668 gt Au

2m

335 gt Au

2m 234 gt Au

2m 208 gt Au

2m 247 gt Au

18m 269 gt Au

2m 206 gt Au

2m 485 gt Au

2m 273 gt Au

2m 405 gt A

uIncluding2m 578 gt Au

2m 119 gt Au

2m 289 gt A

u

8m 404 gt AuIncluding

2m 875 gt Au

4480

8180

4650668

578

1190

875

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-009

14-SP-009

100 m

200 m

S15-010

S15-010

100 m

200 m

S15-013

S15-013

100 m

200 m

S15-014

S15-014

100 m

200 m

300 m

400 m

S15-045

S15-045

300 m

100 m

S79-02

S79-02

100 m

S80-18

S80-18

100 m

S89-34

S89-34

100 m

200 m

S15-055

S15-055

100 m

200 m

300 m

400 m

S15-064

S15-064

17m

419 gt Au

2m 292 gt Au

198m 134 gt Au

212m 224 gt Au

17m 1783 gt Au

141m 028 gt Au

31m

02 gt Au

127m 126 gt AuIncluding13m 338 gt Au2m 222 gt Au2m 227 gt Au2m 290 gt Au10m 23 gt Au

1695m 495 gt AuIncluding7m of 795 gt Au

33m 184 gt AuIncluding15m 475 gt Au

36m 164 gt AuIncluding2m 221 gt Au

2m 168 gt Au

2m 107 gt Au

4m 1367 gt Au

2m 179 gt Au

2m 10 gt Au

1m 111 gt Au

2m 2545 gt Au

6m 312 gt Au

2m 213 gt Au

175m 117 gt Au

2m 281 gt Au

14m 159 gt Au

19m 544 gt Au

415m 214 gt Au

4m 318 gt Au

2m 243 gt Au

5m 225 gt Au

4m 16 gt Au

2m 213 gt Au

2m 235 gt Au

14m 827 gt Au

6m 309 gt AuIncluding

1m 231 gt Au

2m 325 gt Au

2m 575 gt A

u

5252210

10001110

25450

9282210

1590

960

12101240

2130

1170

827

2310

575

1460

607

2256

614

1783

934

(Looking North)

Spectrum Gold Project - Section 4750N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

536

843

979

856

212

265328

240

205334

383

233

354203

950

271

247

345211

439

2983780

223

204

4980

287285

641774

238

918

207

296224

247214

223

398

799

353

219

226288

254

219

562

247

233

785

298

291

1196675

273

683

967

556

6021020

231

495

1200

390

220

3500

684447

356

756

590

324

220

451

832

645

1390

804

6m 786 gt Au

16m 856 gt Au

738m 179 gt Au

38m 128 gt Au

6m 207 gt Au

4m 286 gt Au

4m 708 gt Au

40m 131 gt Au

425m 136 gt Au

799m 156 gt Au

1247m 084 gt Au

61m 162 gt AuIncluding2m 238 gt Au4m 562 gt Au6m 199 gt Au2m 247 gt Au2m 214 gt Au

36m 104 gt AuIncluding5m 2 gt Au2m 228 gt Au135m 24 gt Au

12m 362 gt AuIncluding2m 95 gt Au

184m 64 gt AuIncluding39m 2527 gt AuAlso Including19m 50 gt Au

17m 18 gt AuIncluding20m 683 gt Au30m 245 gt Au

17m 967 gt Au

11m 31 gt AuIncluding22m 556 gt Au

6m 544 gt AuIncluding2m 102 gt Au

15m 456 gt Au

66m 1059 gt AuIncluding14m 378 gt Au

2m

231 gt Au

8m 536 gt AuIncluding2m 12 gt Au

14m 782 gt AuIncluding2m 35 gt Au

2m

756 gt Au

2m

59 gt A

u

225m

22 gt Au

15m

451 gt Au

2m 236 gt Au

2m 251 gt Au

2m 832 gt Au

2m 46 gt Au

26m 1018 gt Au

09m 804 gt Au

200 m

S15-011

S15-011

S15-012

S15-012

100 m

S15-016

S15-016

100 m

200 m

300 m

S15-042

S15-042

100 m

S15-048

S15-048(NSV)

100 m

200 m

S15-049

S15-049

100 m

200 m

300 m

S15-052

S15-052

100 m

200 m

300 m

S15-057

S15-057

100 m

S79-01

S79-01

S79-03

S80-19

S80-19

100 m

S92-92

S92-92

S15-070

100 m

200 m

300 m

400 m

S15-07

0

(Looking North)

Spectrum Gold Project - Section 4810N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

294

288

883613587

228

379

7450

504

254

1220

879

222

207

286

222

229

706

315

312

291

607

363

315

459

2670

594

2m 294 gt Au

2m 288 gt Au

2615m 821 gt AuIncluding915m 473 gt AuAlso Including215m 88 gt Au15m 61 gt Au2m 59 gt Au35m 442 gt AuAlso Including2m 745 gt Au

44m 112 gt AuIncluding2m 254 gt Au15m 122 gt Au

1m 879 gt Au

137m 064 gt Au

14m 262 gt Au

6m 204 gt Au

87m 286 gt Au

8m 218 gt Au

55m 344 gt Au

6m 555 gt Au

20m

222 gt Au

22m 207 gt Au

2m 286 gt A

u2m 222 gt A

u

2m 225 gt Au

2m 476 gt Au

1m 267 gt Au

11m 282 gt A

u

21m 293 gt Au

2m 266 gt Au

14m 594 gt Au

200 m

S15-015

S15-015

S15-021

S15-021

100 m

S15-028

100 m

200 m

300 m

S15-051

S15-051

100 m

200 m

300 m

S15-056

S15-056

S15-062

(NSV)

300 m

400 m

500 m

S15-062(Cont on 4890N)

S80-23

100 m

S80-23100 m

S80-26

S80-2

6100 m

S80-27

S80-27

S90-48

S90-48

S15-028

100 m

200 m

300 m

400 m

S15-067

S15-067

S15-069

100 m

200 m

400 m

S15-069

(Cont on 4890N)

(Looking North)

Spectrum Gold Project - Section 4850N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

41

11

00

E4

11

10

0 E

41

11

50

E4

11

15

0 E

41

12

00

E4

11

20

0 E

41

12

50

E4

11

25

0 E

41

13

00

E4

11

30

0 E

41

13

50

E4

11

35

0 E

41

14

00

E

41

14

50

E

41

15

00

E4

11

50

0 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

243

316

295

266697256

272359

879

925690

256

274

268

283

829

207

473

582

586

1860427

995

592

983

8090

288

240

405

1587

442

405

261

208

1020

12m 154 gt AuIncluding2m 243 gt Au4m 306 gt Au

21m

09 gt Au

135m 278 gt AuIncluding2m 697 gt Au

1m 879 gt Au

6m 555 gt Au

2m 256 gt Au

4m 271 gt Au

2m 283 gt Au

1m 829 gt Au

2m 473 gt Au

135m 582 gt Au

2m 586 gt Au

93m 395 gt AuIncluding13m 186 gt Au2m 427 gt Au

15m 995 gt Au1m 592 gt Au

23m 809 gt Au

9m 173 gt Au

122m 157 gt Au

85m 123 gt Au

47m 279 gt Au

19m 39 gt Au

144m 117 gt Au

2m 983 gt A

u

2m 253 gt A

u

1m 102 gt A

u

100 m

200 m

S15-019

S15-019

S15-028

S15-028

100 m

200 m

S15-031

S15-031

100 m

200 m

S15-041

S15-041

100 m

200 m

300 m

S15-050

S15-050

100 m

200 m

300 m

S15-053

S15-053

S15-062

(Cont from

4850N)

600 m

S15-062(NSV)

S79-04S79-05

S79-05

S79-06

S79-06

S79-07

S79-08

S79-08

S80-23

S80-23

S80-28

S80-28

100 m

S89-35

S89-35

100 m

S92-91

S92-91

S1

5-0

69

(Co

nt fro

m 4

85

0N)

400

m

S1

5-0

69

(Looking North)

Spectrum Gold Project - Section 4890N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

500 Colour Zone

Central Zone(Porphyry and QC structures)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 27:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

Page13 913 of13 9

Spectrum Gold Project - 2015 Drillhole Assay Intervals

DDH13 Azimuth Dip Total13 Depth13 (m) From13 (m) To13 (m) Interval13 (m) Au13 gt Ag13 gt Cu13 S15-shy‐06813 13 13 13

(30013 Colour)50 -shy‐50 242 5000 10200 5200 115

Including 5200 6800 1600 18713200 13400 200 231

S15-shy‐069 270 -shy‐45 470 5600 5810 210 293 1016400 6600 200 26629865 30005 140 594 7942000 42200 200 253 01042580 42680 100 1020 1170 024

S15-shy‐070 270 -shy‐46 449 33600 33800 200 46039340 39600 260 1018 660 02141110 41200 090 804 011

NotesAll13 values13 are13 un-shy‐cutTrue13 width13 is13 estimated13 to13 be13 5513 to13 7013 of13 down13 hole13 intervalAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

Porphyry13 Au-shy‐Ag-shy‐Cu13 Intervals13 for13 201513 Spectrum13 holes

DDH13 Azimuth DipTotal13

Depth13 (m)From13 (m) To13 (m)

Interval13 (m)

Au13 gt13 (uncut) Ag13 gt Cu13

S15-shy‐011 270 -shy‐45 2235 300 20600 20300 097 33 012

S15-shy‐012 270 -shy‐55 251 250 23800 23550 141 42 007

S15-shy‐013 270 -shy‐45 200 300 19800 19500 075 39 015

S15-shy‐014 270 -shy‐58 2175 300 21200 20900 122 48 017

S15-shy‐016 270 -shy‐48 179 1130 17600 16470 090 41 014

S15-shy‐023 270 -shy‐45 225 430 21000 20570 047 28 009

S15-shy‐024 270 -shy‐60 244 300 19264 18964 088 26 006

S15-shy‐025 270 -shy‐45 181 1100 16600 15500 074 16 005

S15-shy‐026 270 -shy‐45 260 12050 22095 10045 092 22 006

S15-shy‐028 270 -shy‐50 254 500 22900 22400 061 29 007

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 402 014And 20200 24973 4773 049 302 013

All13 values13 are13 un-shy‐cutAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

sup3

sup3

sup3sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

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sup3

sup3

sup3

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sup3

sup3

sup3

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sup3

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sup3

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sup3sup3

sup3sup3

sup3

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sup3

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sup3sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3

sup3

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sup3

sup3

sup3

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sup3

sup3

sup3

sup3

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sup3

sup3

sup3

sup3

sup3 sup3

sup3 sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3 sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3

$1

$1

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1600 m

S15-037

S15-035S15-029

S15-027

S15-026

S15-025

S15-032S15-030

S15-039S15-022S15-024

S15-040

S15-036S15-034 S15-060

S15-031

S15-028S15-041

S15-043

S15-049

S-4S-3

S-2

S15-038

4850N

4890N

5035N

5010N

5195N

S15-047

S15-044 S15-046

S15-050

S15-042

S15-048

S15-045

S15-052

S15-051

4975N

5150N

5235N

5095N

4810N

4750N

4700N

4930N

5285N

S91-82

14-SP-009

S91-83

S91-73

S91-66

S89-34

S91-71

S80-21

S91-70

S91-85

S91-78

S91-86

S90-46

S91-74

S80-13

14-SP-001

14-SP-004

S80-14

S91-81

14-SP-007

S91-68

S91-79

S91-63

S91-84

S90-51

S89-35

14-SP-006S90-59

S80-11

S90-52

S90-49

S90-54

S92-90

S80-12

S90-55

S91-80

S89-37

S79-08

S80-22

S90-56

S90-44

S79-06

S91-64

S90-50

S90-45

S90-58

S90-60

S90-43

S91-75

S92-92

S92-91

S89-36

S80-17

S90-61

S-1

S89-41

14-SP-005

S80-20

S90-47

14-SP-002

14-SP-008

S79-03

S80-26

S80-24

S80-18

S89-33

S80-28

S80-15

S79-02

S79-10

S90-62S91-67

S79-01

S90-57

S79-05

S80-27

S80-25

S79-07

S80-19

S79-04

S79-09

S90-48

S91-65

S91-69

S91-72S91-76

S91-77

14-SP-003

S80-16

S90-53

S89-39

S15-015

S15-010

S15-012

S15-017

S15-016

S15-011

S15-013S15-014

S15-018

S15-019

S15-020

S15-023

S15-056

S15-053

S15-054

S15-058

S15-064

S15-055

S15-057

S15-059

S15-033

S15-061

S15-063

S15-064

S15-062

S15-065S15-066

S15-068

S15-067S15-070

S15-069S15-021

Mt Edziza FlowsMt Edziza Flows

Stuhini VolcanicsStuhini Volcanics

Stuhini VolcanicsStuhini Volcanics

1500 m

1700 m

410800

410800

411000

411000

411200

411200

411400

411400

411600

411600

411800

411800

6394

600

6394

600

6394

800

6394

800

6395

000

6395

000

6395

200

6395

200

0 50 100 15025

Meters

sup3

500 Colour Zone

Central Zone(Porphyry and QC Structures)

O P E N

O P E N

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Exploration Trail

Cross Section Line

Monzonite

sup3$1 2015 Drill Hole (Complete)

sup3 2015 Drill Hole (In Progress)$1

sup3 2014 Drill Hole

sup3 Historic Drill Hole

$1

$1

Road Zone

Spectrum GoldDiamond Drill Hole Plan Map

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 0020

Date - 2012610 5Drawn By - CSG

TSX-V SKE

O P E N

Boundary Zone

O P E N

O P E N

O P E NO P E N

O P E N

300 Colour Zone

O P E N

O P E N

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410800 E

410850 E

410850 E

410900 E

410900 E

410950 E

410950 E

6395200 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m 1600 m

1650 m 1650 m

1700 m 1700 m

2m 464 gt Au

100 m

S15-066

S15-066

TSXV SKE

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410820 E

410840 E

410860 E

410880 E

410880 E

410900 E

410900 E

410920 E

410920 E

410940 E

410940 E

410960 E

410960 E

410980 E

410980 E

6395080 N

6395100 N

6395120 N

6395140 N

6395140 N

6395160 N

6395160 N

6395180 N

6395180 N

6395200 N

6395200 N

6395220 N

6395220 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m

1650 m 1650 m

1700 m 1700 m

559

294552

m 115 gt Au

2m 231 gt Au

100 m

S15-068

S15-068

S89-37

S89-3

7

S90-43

S90-43

100 m

S90-44

S90-44

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4610N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Monzonite (Lower)

100 m

200 m

S15-058

S15-058

(NSV)

100 m

200 m

S15-059

S15-059(NSV)

S90-49

100 m

S90-49

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4645N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-054

S15-054

(NSV)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4700N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

100 m

300 m

S15-043

S15-043

100 m

200 m

300 m

S90-50

100 m

S90-50

300 m

200 m

100 m

S15-061

S15-061

S15-063

S15-063

101m 072 gt Au

137m 112 gt Au

4m 2424 gt AuIncluding2m 448 gt Au

114m 1673 gt AuIncluding2m 818 gt Au

4m 2659 gt AuIncluding2m 465 gt Au2m 668 gt Au

2m

335 gt Au

2m 234 gt Au

2m 208 gt Au

2m 247 gt Au

18m 269 gt Au

2m 206 gt Au

2m 485 gt Au

2m 273 gt Au

2m 405 gt A

uIncluding2m 578 gt Au

2m 119 gt Au

2m 289 gt A

u

8m 404 gt AuIncluding

2m 875 gt Au

4480

8180

4650668

578

1190

875

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-009

14-SP-009

100 m

200 m

S15-010

S15-010

100 m

200 m

S15-013

S15-013

100 m

200 m

S15-014

S15-014

100 m

200 m

300 m

400 m

S15-045

S15-045

300 m

100 m

S79-02

S79-02

100 m

S80-18

S80-18

100 m

S89-34

S89-34

100 m

200 m

S15-055

S15-055

100 m

200 m

300 m

400 m

S15-064

S15-064

17m

419 gt Au

2m 292 gt Au

198m 134 gt Au

212m 224 gt Au

17m 1783 gt Au

141m 028 gt Au

31m

02 gt Au

127m 126 gt AuIncluding13m 338 gt Au2m 222 gt Au2m 227 gt Au2m 290 gt Au10m 23 gt Au

1695m 495 gt AuIncluding7m of 795 gt Au

33m 184 gt AuIncluding15m 475 gt Au

36m 164 gt AuIncluding2m 221 gt Au

2m 168 gt Au

2m 107 gt Au

4m 1367 gt Au

2m 179 gt Au

2m 10 gt Au

1m 111 gt Au

2m 2545 gt Au

6m 312 gt Au

2m 213 gt Au

175m 117 gt Au

2m 281 gt Au

14m 159 gt Au

19m 544 gt Au

415m 214 gt Au

4m 318 gt Au

2m 243 gt Au

5m 225 gt Au

4m 16 gt Au

2m 213 gt Au

2m 235 gt Au

14m 827 gt Au

6m 309 gt AuIncluding

1m 231 gt Au

2m 325 gt Au

2m 575 gt A

u

5252210

10001110

25450

9282210

1590

960

12101240

2130

1170

827

2310

575

1460

607

2256

614

1783

934

(Looking North)

Spectrum Gold Project - Section 4750N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

536

843

979

856

212

265328

240

205334

383

233

354203

950

271

247

345211

439

2983780

223

204

4980

287285

641774

238

918

207

296224

247214

223

398

799

353

219

226288

254

219

562

247

233

785

298

291

1196675

273

683

967

556

6021020

231

495

1200

390

220

3500

684447

356

756

590

324

220

451

832

645

1390

804

6m 786 gt Au

16m 856 gt Au

738m 179 gt Au

38m 128 gt Au

6m 207 gt Au

4m 286 gt Au

4m 708 gt Au

40m 131 gt Au

425m 136 gt Au

799m 156 gt Au

1247m 084 gt Au

61m 162 gt AuIncluding2m 238 gt Au4m 562 gt Au6m 199 gt Au2m 247 gt Au2m 214 gt Au

36m 104 gt AuIncluding5m 2 gt Au2m 228 gt Au135m 24 gt Au

12m 362 gt AuIncluding2m 95 gt Au

184m 64 gt AuIncluding39m 2527 gt AuAlso Including19m 50 gt Au

17m 18 gt AuIncluding20m 683 gt Au30m 245 gt Au

17m 967 gt Au

11m 31 gt AuIncluding22m 556 gt Au

6m 544 gt AuIncluding2m 102 gt Au

15m 456 gt Au

66m 1059 gt AuIncluding14m 378 gt Au

2m

231 gt Au

8m 536 gt AuIncluding2m 12 gt Au

14m 782 gt AuIncluding2m 35 gt Au

2m

756 gt Au

2m

59 gt A

u

225m

22 gt Au

15m

451 gt Au

2m 236 gt Au

2m 251 gt Au

2m 832 gt Au

2m 46 gt Au

26m 1018 gt Au

09m 804 gt Au

200 m

S15-011

S15-011

S15-012

S15-012

100 m

S15-016

S15-016

100 m

200 m

300 m

S15-042

S15-042

100 m

S15-048

S15-048(NSV)

100 m

200 m

S15-049

S15-049

100 m

200 m

300 m

S15-052

S15-052

100 m

200 m

300 m

S15-057

S15-057

100 m

S79-01

S79-01

S79-03

S80-19

S80-19

100 m

S92-92

S92-92

S15-070

100 m

200 m

300 m

400 m

S15-07

0

(Looking North)

Spectrum Gold Project - Section 4810N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

294

288

883613587

228

379

7450

504

254

1220

879

222

207

286

222

229

706

315

312

291

607

363

315

459

2670

594

2m 294 gt Au

2m 288 gt Au

2615m 821 gt AuIncluding915m 473 gt AuAlso Including215m 88 gt Au15m 61 gt Au2m 59 gt Au35m 442 gt AuAlso Including2m 745 gt Au

44m 112 gt AuIncluding2m 254 gt Au15m 122 gt Au

1m 879 gt Au

137m 064 gt Au

14m 262 gt Au

6m 204 gt Au

87m 286 gt Au

8m 218 gt Au

55m 344 gt Au

6m 555 gt Au

20m

222 gt Au

22m 207 gt Au

2m 286 gt A

u2m 222 gt A

u

2m 225 gt Au

2m 476 gt Au

1m 267 gt Au

11m 282 gt A

u

21m 293 gt Au

2m 266 gt Au

14m 594 gt Au

200 m

S15-015

S15-015

S15-021

S15-021

100 m

S15-028

100 m

200 m

300 m

S15-051

S15-051

100 m

200 m

300 m

S15-056

S15-056

S15-062

(NSV)

300 m

400 m

500 m

S15-062(Cont on 4890N)

S80-23

100 m

S80-23100 m

S80-26

S80-2

6100 m

S80-27

S80-27

S90-48

S90-48

S15-028

100 m

200 m

300 m

400 m

S15-067

S15-067

S15-069

100 m

200 m

400 m

S15-069

(Cont on 4890N)

(Looking North)

Spectrum Gold Project - Section 4850N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

41

11

00

E4

11

10

0 E

41

11

50

E4

11

15

0 E

41

12

00

E4

11

20

0 E

41

12

50

E4

11

25

0 E

41

13

00

E4

11

30

0 E

41

13

50

E4

11

35

0 E

41

14

00

E

41

14

50

E

41

15

00

E4

11

50

0 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

243

316

295

266697256

272359

879

925690

256

274

268

283

829

207

473

582

586

1860427

995

592

983

8090

288

240

405

1587

442

405

261

208

1020

12m 154 gt AuIncluding2m 243 gt Au4m 306 gt Au

21m

09 gt Au

135m 278 gt AuIncluding2m 697 gt Au

1m 879 gt Au

6m 555 gt Au

2m 256 gt Au

4m 271 gt Au

2m 283 gt Au

1m 829 gt Au

2m 473 gt Au

135m 582 gt Au

2m 586 gt Au

93m 395 gt AuIncluding13m 186 gt Au2m 427 gt Au

15m 995 gt Au1m 592 gt Au

23m 809 gt Au

9m 173 gt Au

122m 157 gt Au

85m 123 gt Au

47m 279 gt Au

19m 39 gt Au

144m 117 gt Au

2m 983 gt A

u

2m 253 gt A

u

1m 102 gt A

u

100 m

200 m

S15-019

S15-019

S15-028

S15-028

100 m

200 m

S15-031

S15-031

100 m

200 m

S15-041

S15-041

100 m

200 m

300 m

S15-050

S15-050

100 m

200 m

300 m

S15-053

S15-053

S15-062

(Cont from

4850N)

600 m

S15-062(NSV)

S79-04S79-05

S79-05

S79-06

S79-06

S79-07

S79-08

S79-08

S80-23

S80-23

S80-28

S80-28

100 m

S89-35

S89-35

100 m

S92-91

S92-91

S1

5-0

69

(Co

nt fro

m 4

85

0N)

400

m

S1

5-0

69

(Looking North)

Spectrum Gold Project - Section 4890N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

500 Colour Zone

Central Zone(Porphyry and QC structures)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

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)

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)

)

)

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Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 28:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

Porphyry13 Au-shy‐Ag-shy‐Cu13 Intervals13 for13 201513 Spectrum13 holes

DDH13 Azimuth DipTotal13

Depth13 (m)From13 (m) To13 (m)

Interval13 (m)

Au13 gt13 (uncut) Ag13 gt Cu13

S15-shy‐011 270 -shy‐45 2235 300 20600 20300 097 33 012

S15-shy‐012 270 -shy‐55 251 250 23800 23550 141 42 007

S15-shy‐013 270 -shy‐45 200 300 19800 19500 075 39 015

S15-shy‐014 270 -shy‐58 2175 300 21200 20900 122 48 017

S15-shy‐016 270 -shy‐48 179 1130 17600 16470 090 41 014

S15-shy‐023 270 -shy‐45 225 430 21000 20570 047 28 009

S15-shy‐024 270 -shy‐60 244 300 19264 18964 088 26 006

S15-shy‐025 270 -shy‐45 181 1100 16600 15500 074 16 005

S15-shy‐026 270 -shy‐45 260 12050 22095 10045 092 22 006

S15-shy‐028 270 -shy‐50 254 500 22900 22400 061 29 007

S15-shy‐031 270 -shy‐45 283 550 23000 22450 060 51 022

S15-shy‐036 265 -shy‐45 209 450 15200 14750 042 22 008

S15-shy‐038 265 -shy‐45 1635 200 16100 15900 052 30 010

S15-shy‐039 270 -shy‐45 166 300 14350 14050 082 43 017

S15-shy‐042 265 -shy‐55 388 560 21140 20580 094 19 005

S15-shy‐044 265 -shy‐45 319 600 17800 17200 060 402 014And 20200 24973 4773 049 302 013

All13 values13 are13 un-shy‐cutAu13 analysis13 is13 by13 5013 g13 fire13 assay13 with13 AA13 finish13 or13 gravimetric13 finish13 if13 over13 1013 gt13 (Actlabs13 Method13 1A2-shy‐5013 or13 1A3-shy‐50)Au13 analysis13 by13 80013 to13 100013 g13 screen13 metallic13 (Method13 1A4)13 if13 free13 gold13 is13 identified13 or13 suspectedAg13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 by13 4-shy‐acid13 ICP13 if13 over13 10013 gt13 Ag13 (Method13 813 -shy‐13 413 acid)Cu13 analyses13 by13 aqua13 regia13 ICP13 (Method13 1E3)13 unless13 if13 over13 113 Cu13 (Method13 8-shy‐AR)

sup3

sup3

sup3sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

sup3sup3

sup3sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

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sup3

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sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

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sup3

sup3

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sup3

sup3

sup3

sup3

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sup3

sup3

sup3

sup3

sup3

sup3

sup3 sup3

sup3 sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3 sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3

sup3sup3

sup3

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1600 m

S15-037

S15-035S15-029

S15-027

S15-026

S15-025

S15-032S15-030

S15-039S15-022S15-024

S15-040

S15-036S15-034 S15-060

S15-031

S15-028S15-041

S15-043

S15-049

S-4S-3

S-2

S15-038

4850N

4890N

5035N

5010N

5195N

S15-047

S15-044 S15-046

S15-050

S15-042

S15-048

S15-045

S15-052

S15-051

4975N

5150N

5235N

5095N

4810N

4750N

4700N

4930N

5285N

S91-82

14-SP-009

S91-83

S91-73

S91-66

S89-34

S91-71

S80-21

S91-70

S91-85

S91-78

S91-86

S90-46

S91-74

S80-13

14-SP-001

14-SP-004

S80-14

S91-81

14-SP-007

S91-68

S91-79

S91-63

S91-84

S90-51

S89-35

14-SP-006S90-59

S80-11

S90-52

S90-49

S90-54

S92-90

S80-12

S90-55

S91-80

S89-37

S79-08

S80-22

S90-56

S90-44

S79-06

S91-64

S90-50

S90-45

S90-58

S90-60

S90-43

S91-75

S92-92

S92-91

S89-36

S80-17

S90-61

S-1

S89-41

14-SP-005

S80-20

S90-47

14-SP-002

14-SP-008

S79-03

S80-26

S80-24

S80-18

S89-33

S80-28

S80-15

S79-02

S79-10

S90-62S91-67

S79-01

S90-57

S79-05

S80-27

S80-25

S79-07

S80-19

S79-04

S79-09

S90-48

S91-65

S91-69

S91-72S91-76

S91-77

14-SP-003

S80-16

S90-53

S89-39

S15-015

S15-010

S15-012

S15-017

S15-016

S15-011

S15-013S15-014

S15-018

S15-019

S15-020

S15-023

S15-056

S15-053

S15-054

S15-058

S15-064

S15-055

S15-057

S15-059

S15-033

S15-061

S15-063

S15-064

S15-062

S15-065S15-066

S15-068

S15-067S15-070

S15-069S15-021

Mt Edziza FlowsMt Edziza Flows

Stuhini VolcanicsStuhini Volcanics

Stuhini VolcanicsStuhini Volcanics

1500 m

1700 m

410800

410800

411000

411000

411200

411200

411400

411400

411600

411600

411800

411800

6394

600

6394

600

6394

800

6394

800

6395

000

6395

000

6395

200

6395

200

0 50 100 15025

Meters

sup3

500 Colour Zone

Central Zone(Porphyry and QC Structures)

O P E N

O P E N

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Exploration Trail

Cross Section Line

Monzonite

sup3$1 2015 Drill Hole (Complete)

sup3 2015 Drill Hole (In Progress)$1

sup3 2014 Drill Hole

sup3 Historic Drill Hole

$1

$1

Road Zone

Spectrum GoldDiamond Drill Hole Plan Map

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 0020

Date - 2012610 5Drawn By - CSG

TSX-V SKE

O P E N

Boundary Zone

O P E N

O P E N

O P E NO P E N

O P E N

300 Colour Zone

O P E N

O P E N

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410800 E

410850 E

410850 E

410900 E

410900 E

410950 E

410950 E

6395200 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m 1600 m

1650 m 1650 m

1700 m 1700 m

2m 464 gt Au

100 m

S15-066

S15-066

TSXV SKE

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410820 E

410840 E

410860 E

410880 E

410880 E

410900 E

410900 E

410920 E

410920 E

410940 E

410940 E

410960 E

410960 E

410980 E

410980 E

6395080 N

6395100 N

6395120 N

6395140 N

6395140 N

6395160 N

6395160 N

6395180 N

6395180 N

6395200 N

6395200 N

6395220 N

6395220 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m

1650 m 1650 m

1700 m 1700 m

559

294552

m 115 gt Au

2m 231 gt Au

100 m

S15-068

S15-068

S89-37

S89-3

7

S90-43

S90-43

100 m

S90-44

S90-44

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4610N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Monzonite (Lower)

100 m

200 m

S15-058

S15-058

(NSV)

100 m

200 m

S15-059

S15-059(NSV)

S90-49

100 m

S90-49

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4645N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-054

S15-054

(NSV)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4700N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

100 m

300 m

S15-043

S15-043

100 m

200 m

300 m

S90-50

100 m

S90-50

300 m

200 m

100 m

S15-061

S15-061

S15-063

S15-063

101m 072 gt Au

137m 112 gt Au

4m 2424 gt AuIncluding2m 448 gt Au

114m 1673 gt AuIncluding2m 818 gt Au

4m 2659 gt AuIncluding2m 465 gt Au2m 668 gt Au

2m

335 gt Au

2m 234 gt Au

2m 208 gt Au

2m 247 gt Au

18m 269 gt Au

2m 206 gt Au

2m 485 gt Au

2m 273 gt Au

2m 405 gt A

uIncluding2m 578 gt Au

2m 119 gt Au

2m 289 gt A

u

8m 404 gt AuIncluding

2m 875 gt Au

4480

8180

4650668

578

1190

875

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-009

14-SP-009

100 m

200 m

S15-010

S15-010

100 m

200 m

S15-013

S15-013

100 m

200 m

S15-014

S15-014

100 m

200 m

300 m

400 m

S15-045

S15-045

300 m

100 m

S79-02

S79-02

100 m

S80-18

S80-18

100 m

S89-34

S89-34

100 m

200 m

S15-055

S15-055

100 m

200 m

300 m

400 m

S15-064

S15-064

17m

419 gt Au

2m 292 gt Au

198m 134 gt Au

212m 224 gt Au

17m 1783 gt Au

141m 028 gt Au

31m

02 gt Au

127m 126 gt AuIncluding13m 338 gt Au2m 222 gt Au2m 227 gt Au2m 290 gt Au10m 23 gt Au

1695m 495 gt AuIncluding7m of 795 gt Au

33m 184 gt AuIncluding15m 475 gt Au

36m 164 gt AuIncluding2m 221 gt Au

2m 168 gt Au

2m 107 gt Au

4m 1367 gt Au

2m 179 gt Au

2m 10 gt Au

1m 111 gt Au

2m 2545 gt Au

6m 312 gt Au

2m 213 gt Au

175m 117 gt Au

2m 281 gt Au

14m 159 gt Au

19m 544 gt Au

415m 214 gt Au

4m 318 gt Au

2m 243 gt Au

5m 225 gt Au

4m 16 gt Au

2m 213 gt Au

2m 235 gt Au

14m 827 gt Au

6m 309 gt AuIncluding

1m 231 gt Au

2m 325 gt Au

2m 575 gt A

u

5252210

10001110

25450

9282210

1590

960

12101240

2130

1170

827

2310

575

1460

607

2256

614

1783

934

(Looking North)

Spectrum Gold Project - Section 4750N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

536

843

979

856

212

265328

240

205334

383

233

354203

950

271

247

345211

439

2983780

223

204

4980

287285

641774

238

918

207

296224

247214

223

398

799

353

219

226288

254

219

562

247

233

785

298

291

1196675

273

683

967

556

6021020

231

495

1200

390

220

3500

684447

356

756

590

324

220

451

832

645

1390

804

6m 786 gt Au

16m 856 gt Au

738m 179 gt Au

38m 128 gt Au

6m 207 gt Au

4m 286 gt Au

4m 708 gt Au

40m 131 gt Au

425m 136 gt Au

799m 156 gt Au

1247m 084 gt Au

61m 162 gt AuIncluding2m 238 gt Au4m 562 gt Au6m 199 gt Au2m 247 gt Au2m 214 gt Au

36m 104 gt AuIncluding5m 2 gt Au2m 228 gt Au135m 24 gt Au

12m 362 gt AuIncluding2m 95 gt Au

184m 64 gt AuIncluding39m 2527 gt AuAlso Including19m 50 gt Au

17m 18 gt AuIncluding20m 683 gt Au30m 245 gt Au

17m 967 gt Au

11m 31 gt AuIncluding22m 556 gt Au

6m 544 gt AuIncluding2m 102 gt Au

15m 456 gt Au

66m 1059 gt AuIncluding14m 378 gt Au

2m

231 gt Au

8m 536 gt AuIncluding2m 12 gt Au

14m 782 gt AuIncluding2m 35 gt Au

2m

756 gt Au

2m

59 gt A

u

225m

22 gt Au

15m

451 gt Au

2m 236 gt Au

2m 251 gt Au

2m 832 gt Au

2m 46 gt Au

26m 1018 gt Au

09m 804 gt Au

200 m

S15-011

S15-011

S15-012

S15-012

100 m

S15-016

S15-016

100 m

200 m

300 m

S15-042

S15-042

100 m

S15-048

S15-048(NSV)

100 m

200 m

S15-049

S15-049

100 m

200 m

300 m

S15-052

S15-052

100 m

200 m

300 m

S15-057

S15-057

100 m

S79-01

S79-01

S79-03

S80-19

S80-19

100 m

S92-92

S92-92

S15-070

100 m

200 m

300 m

400 m

S15-07

0

(Looking North)

Spectrum Gold Project - Section 4810N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

294

288

883613587

228

379

7450

504

254

1220

879

222

207

286

222

229

706

315

312

291

607

363

315

459

2670

594

2m 294 gt Au

2m 288 gt Au

2615m 821 gt AuIncluding915m 473 gt AuAlso Including215m 88 gt Au15m 61 gt Au2m 59 gt Au35m 442 gt AuAlso Including2m 745 gt Au

44m 112 gt AuIncluding2m 254 gt Au15m 122 gt Au

1m 879 gt Au

137m 064 gt Au

14m 262 gt Au

6m 204 gt Au

87m 286 gt Au

8m 218 gt Au

55m 344 gt Au

6m 555 gt Au

20m

222 gt Au

22m 207 gt Au

2m 286 gt A

u2m 222 gt A

u

2m 225 gt Au

2m 476 gt Au

1m 267 gt Au

11m 282 gt A

u

21m 293 gt Au

2m 266 gt Au

14m 594 gt Au

200 m

S15-015

S15-015

S15-021

S15-021

100 m

S15-028

100 m

200 m

300 m

S15-051

S15-051

100 m

200 m

300 m

S15-056

S15-056

S15-062

(NSV)

300 m

400 m

500 m

S15-062(Cont on 4890N)

S80-23

100 m

S80-23100 m

S80-26

S80-2

6100 m

S80-27

S80-27

S90-48

S90-48

S15-028

100 m

200 m

300 m

400 m

S15-067

S15-067

S15-069

100 m

200 m

400 m

S15-069

(Cont on 4890N)

(Looking North)

Spectrum Gold Project - Section 4850N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

41

11

00

E4

11

10

0 E

41

11

50

E4

11

15

0 E

41

12

00

E4

11

20

0 E

41

12

50

E4

11

25

0 E

41

13

00

E4

11

30

0 E

41

13

50

E4

11

35

0 E

41

14

00

E

41

14

50

E

41

15

00

E4

11

50

0 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

243

316

295

266697256

272359

879

925690

256

274

268

283

829

207

473

582

586

1860427

995

592

983

8090

288

240

405

1587

442

405

261

208

1020

12m 154 gt AuIncluding2m 243 gt Au4m 306 gt Au

21m

09 gt Au

135m 278 gt AuIncluding2m 697 gt Au

1m 879 gt Au

6m 555 gt Au

2m 256 gt Au

4m 271 gt Au

2m 283 gt Au

1m 829 gt Au

2m 473 gt Au

135m 582 gt Au

2m 586 gt Au

93m 395 gt AuIncluding13m 186 gt Au2m 427 gt Au

15m 995 gt Au1m 592 gt Au

23m 809 gt Au

9m 173 gt Au

122m 157 gt Au

85m 123 gt Au

47m 279 gt Au

19m 39 gt Au

144m 117 gt Au

2m 983 gt A

u

2m 253 gt A

u

1m 102 gt A

u

100 m

200 m

S15-019

S15-019

S15-028

S15-028

100 m

200 m

S15-031

S15-031

100 m

200 m

S15-041

S15-041

100 m

200 m

300 m

S15-050

S15-050

100 m

200 m

300 m

S15-053

S15-053

S15-062

(Cont from

4850N)

600 m

S15-062(NSV)

S79-04S79-05

S79-05

S79-06

S79-06

S79-07

S79-08

S79-08

S80-23

S80-23

S80-28

S80-28

100 m

S89-35

S89-35

100 m

S92-91

S92-91

S1

5-0

69

(Co

nt fro

m 4

85

0N)

400

m

S1

5-0

69

(Looking North)

Spectrum Gold Project - Section 4890N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

500 Colour Zone

Central Zone(Porphyry and QC structures)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

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)

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)

)

)

)

)

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)

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) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

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)

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)

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)

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)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 29:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

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1600 m

S15-037

S15-035S15-029

S15-027

S15-026

S15-025

S15-032S15-030

S15-039S15-022S15-024

S15-040

S15-036S15-034 S15-060

S15-031

S15-028S15-041

S15-043

S15-049

S-4S-3

S-2

S15-038

4850N

4890N

5035N

5010N

5195N

S15-047

S15-044 S15-046

S15-050

S15-042

S15-048

S15-045

S15-052

S15-051

4975N

5150N

5235N

5095N

4810N

4750N

4700N

4930N

5285N

S91-82

14-SP-009

S91-83

S91-73

S91-66

S89-34

S91-71

S80-21

S91-70

S91-85

S91-78

S91-86

S90-46

S91-74

S80-13

14-SP-001

14-SP-004

S80-14

S91-81

14-SP-007

S91-68

S91-79

S91-63

S91-84

S90-51

S89-35

14-SP-006S90-59

S80-11

S90-52

S90-49

S90-54

S92-90

S80-12

S90-55

S91-80

S89-37

S79-08

S80-22

S90-56

S90-44

S79-06

S91-64

S90-50

S90-45

S90-58

S90-60

S90-43

S91-75

S92-92

S92-91

S89-36

S80-17

S90-61

S-1

S89-41

14-SP-005

S80-20

S90-47

14-SP-002

14-SP-008

S79-03

S80-26

S80-24

S80-18

S89-33

S80-28

S80-15

S79-02

S79-10

S90-62S91-67

S79-01

S90-57

S79-05

S80-27

S80-25

S79-07

S80-19

S79-04

S79-09

S90-48

S91-65

S91-69

S91-72S91-76

S91-77

14-SP-003

S80-16

S90-53

S89-39

S15-015

S15-010

S15-012

S15-017

S15-016

S15-011

S15-013S15-014

S15-018

S15-019

S15-020

S15-023

S15-056

S15-053

S15-054

S15-058

S15-064

S15-055

S15-057

S15-059

S15-033

S15-061

S15-063

S15-064

S15-062

S15-065S15-066

S15-068

S15-067S15-070

S15-069S15-021

Mt Edziza FlowsMt Edziza Flows

Stuhini VolcanicsStuhini Volcanics

Stuhini VolcanicsStuhini Volcanics

1500 m

1700 m

410800

410800

411000

411000

411200

411200

411400

411400

411600

411600

411800

411800

6394

600

6394

600

6394

800

6394

800

6395

000

6395

000

6395

200

6395

200

0 50 100 15025

Meters

sup3

500 Colour Zone

Central Zone(Porphyry and QC Structures)

O P E N

O P E N

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Exploration Trail

Cross Section Line

Monzonite

sup3$1 2015 Drill Hole (Complete)

sup3 2015 Drill Hole (In Progress)$1

sup3 2014 Drill Hole

sup3 Historic Drill Hole

$1

$1

Road Zone

Spectrum GoldDiamond Drill Hole Plan Map

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 0020

Date - 2012610 5Drawn By - CSG

TSX-V SKE

O P E N

Boundary Zone

O P E N

O P E N

O P E NO P E N

O P E N

300 Colour Zone

O P E N

O P E N

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410800 E

410850 E

410850 E

410900 E

410900 E

410950 E

410950 E

6395200 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m 1600 m

1650 m 1650 m

1700 m 1700 m

2m 464 gt Au

100 m

S15-066

S15-066

TSXV SKE

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410820 E

410840 E

410860 E

410880 E

410880 E

410900 E

410900 E

410920 E

410920 E

410940 E

410940 E

410960 E

410960 E

410980 E

410980 E

6395080 N

6395100 N

6395120 N

6395140 N

6395140 N

6395160 N

6395160 N

6395180 N

6395180 N

6395200 N

6395200 N

6395220 N

6395220 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m

1650 m 1650 m

1700 m 1700 m

559

294552

m 115 gt Au

2m 231 gt Au

100 m

S15-068

S15-068

S89-37

S89-3

7

S90-43

S90-43

100 m

S90-44

S90-44

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4610N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Monzonite (Lower)

100 m

200 m

S15-058

S15-058

(NSV)

100 m

200 m

S15-059

S15-059(NSV)

S90-49

100 m

S90-49

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4645N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-054

S15-054

(NSV)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4700N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

100 m

300 m

S15-043

S15-043

100 m

200 m

300 m

S90-50

100 m

S90-50

300 m

200 m

100 m

S15-061

S15-061

S15-063

S15-063

101m 072 gt Au

137m 112 gt Au

4m 2424 gt AuIncluding2m 448 gt Au

114m 1673 gt AuIncluding2m 818 gt Au

4m 2659 gt AuIncluding2m 465 gt Au2m 668 gt Au

2m

335 gt Au

2m 234 gt Au

2m 208 gt Au

2m 247 gt Au

18m 269 gt Au

2m 206 gt Au

2m 485 gt Au

2m 273 gt Au

2m 405 gt A

uIncluding2m 578 gt Au

2m 119 gt Au

2m 289 gt A

u

8m 404 gt AuIncluding

2m 875 gt Au

4480

8180

4650668

578

1190

875

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-009

14-SP-009

100 m

200 m

S15-010

S15-010

100 m

200 m

S15-013

S15-013

100 m

200 m

S15-014

S15-014

100 m

200 m

300 m

400 m

S15-045

S15-045

300 m

100 m

S79-02

S79-02

100 m

S80-18

S80-18

100 m

S89-34

S89-34

100 m

200 m

S15-055

S15-055

100 m

200 m

300 m

400 m

S15-064

S15-064

17m

419 gt Au

2m 292 gt Au

198m 134 gt Au

212m 224 gt Au

17m 1783 gt Au

141m 028 gt Au

31m

02 gt Au

127m 126 gt AuIncluding13m 338 gt Au2m 222 gt Au2m 227 gt Au2m 290 gt Au10m 23 gt Au

1695m 495 gt AuIncluding7m of 795 gt Au

33m 184 gt AuIncluding15m 475 gt Au

36m 164 gt AuIncluding2m 221 gt Au

2m 168 gt Au

2m 107 gt Au

4m 1367 gt Au

2m 179 gt Au

2m 10 gt Au

1m 111 gt Au

2m 2545 gt Au

6m 312 gt Au

2m 213 gt Au

175m 117 gt Au

2m 281 gt Au

14m 159 gt Au

19m 544 gt Au

415m 214 gt Au

4m 318 gt Au

2m 243 gt Au

5m 225 gt Au

4m 16 gt Au

2m 213 gt Au

2m 235 gt Au

14m 827 gt Au

6m 309 gt AuIncluding

1m 231 gt Au

2m 325 gt Au

2m 575 gt A

u

5252210

10001110

25450

9282210

1590

960

12101240

2130

1170

827

2310

575

1460

607

2256

614

1783

934

(Looking North)

Spectrum Gold Project - Section 4750N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

536

843

979

856

212

265328

240

205334

383

233

354203

950

271

247

345211

439

2983780

223

204

4980

287285

641774

238

918

207

296224

247214

223

398

799

353

219

226288

254

219

562

247

233

785

298

291

1196675

273

683

967

556

6021020

231

495

1200

390

220

3500

684447

356

756

590

324

220

451

832

645

1390

804

6m 786 gt Au

16m 856 gt Au

738m 179 gt Au

38m 128 gt Au

6m 207 gt Au

4m 286 gt Au

4m 708 gt Au

40m 131 gt Au

425m 136 gt Au

799m 156 gt Au

1247m 084 gt Au

61m 162 gt AuIncluding2m 238 gt Au4m 562 gt Au6m 199 gt Au2m 247 gt Au2m 214 gt Au

36m 104 gt AuIncluding5m 2 gt Au2m 228 gt Au135m 24 gt Au

12m 362 gt AuIncluding2m 95 gt Au

184m 64 gt AuIncluding39m 2527 gt AuAlso Including19m 50 gt Au

17m 18 gt AuIncluding20m 683 gt Au30m 245 gt Au

17m 967 gt Au

11m 31 gt AuIncluding22m 556 gt Au

6m 544 gt AuIncluding2m 102 gt Au

15m 456 gt Au

66m 1059 gt AuIncluding14m 378 gt Au

2m

231 gt Au

8m 536 gt AuIncluding2m 12 gt Au

14m 782 gt AuIncluding2m 35 gt Au

2m

756 gt Au

2m

59 gt A

u

225m

22 gt Au

15m

451 gt Au

2m 236 gt Au

2m 251 gt Au

2m 832 gt Au

2m 46 gt Au

26m 1018 gt Au

09m 804 gt Au

200 m

S15-011

S15-011

S15-012

S15-012

100 m

S15-016

S15-016

100 m

200 m

300 m

S15-042

S15-042

100 m

S15-048

S15-048(NSV)

100 m

200 m

S15-049

S15-049

100 m

200 m

300 m

S15-052

S15-052

100 m

200 m

300 m

S15-057

S15-057

100 m

S79-01

S79-01

S79-03

S80-19

S80-19

100 m

S92-92

S92-92

S15-070

100 m

200 m

300 m

400 m

S15-07

0

(Looking North)

Spectrum Gold Project - Section 4810N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

294

288

883613587

228

379

7450

504

254

1220

879

222

207

286

222

229

706

315

312

291

607

363

315

459

2670

594

2m 294 gt Au

2m 288 gt Au

2615m 821 gt AuIncluding915m 473 gt AuAlso Including215m 88 gt Au15m 61 gt Au2m 59 gt Au35m 442 gt AuAlso Including2m 745 gt Au

44m 112 gt AuIncluding2m 254 gt Au15m 122 gt Au

1m 879 gt Au

137m 064 gt Au

14m 262 gt Au

6m 204 gt Au

87m 286 gt Au

8m 218 gt Au

55m 344 gt Au

6m 555 gt Au

20m

222 gt Au

22m 207 gt Au

2m 286 gt A

u2m 222 gt A

u

2m 225 gt Au

2m 476 gt Au

1m 267 gt Au

11m 282 gt A

u

21m 293 gt Au

2m 266 gt Au

14m 594 gt Au

200 m

S15-015

S15-015

S15-021

S15-021

100 m

S15-028

100 m

200 m

300 m

S15-051

S15-051

100 m

200 m

300 m

S15-056

S15-056

S15-062

(NSV)

300 m

400 m

500 m

S15-062(Cont on 4890N)

S80-23

100 m

S80-23100 m

S80-26

S80-2

6100 m

S80-27

S80-27

S90-48

S90-48

S15-028

100 m

200 m

300 m

400 m

S15-067

S15-067

S15-069

100 m

200 m

400 m

S15-069

(Cont on 4890N)

(Looking North)

Spectrum Gold Project - Section 4850N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

41

11

00

E4

11

10

0 E

41

11

50

E4

11

15

0 E

41

12

00

E4

11

20

0 E

41

12

50

E4

11

25

0 E

41

13

00

E4

11

30

0 E

41

13

50

E4

11

35

0 E

41

14

00

E

41

14

50

E

41

15

00

E4

11

50

0 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

243

316

295

266697256

272359

879

925690

256

274

268

283

829

207

473

582

586

1860427

995

592

983

8090

288

240

405

1587

442

405

261

208

1020

12m 154 gt AuIncluding2m 243 gt Au4m 306 gt Au

21m

09 gt Au

135m 278 gt AuIncluding2m 697 gt Au

1m 879 gt Au

6m 555 gt Au

2m 256 gt Au

4m 271 gt Au

2m 283 gt Au

1m 829 gt Au

2m 473 gt Au

135m 582 gt Au

2m 586 gt Au

93m 395 gt AuIncluding13m 186 gt Au2m 427 gt Au

15m 995 gt Au1m 592 gt Au

23m 809 gt Au

9m 173 gt Au

122m 157 gt Au

85m 123 gt Au

47m 279 gt Au

19m 39 gt Au

144m 117 gt Au

2m 983 gt A

u

2m 253 gt A

u

1m 102 gt A

u

100 m

200 m

S15-019

S15-019

S15-028

S15-028

100 m

200 m

S15-031

S15-031

100 m

200 m

S15-041

S15-041

100 m

200 m

300 m

S15-050

S15-050

100 m

200 m

300 m

S15-053

S15-053

S15-062

(Cont from

4850N)

600 m

S15-062(NSV)

S79-04S79-05

S79-05

S79-06

S79-06

S79-07

S79-08

S79-08

S80-23

S80-23

S80-28

S80-28

100 m

S89-35

S89-35

100 m

S92-91

S92-91

S1

5-0

69

(Co

nt fro

m 4

85

0N)

400

m

S1

5-0

69

(Looking North)

Spectrum Gold Project - Section 4890N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

500 Colour Zone

Central Zone(Porphyry and QC structures)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 30:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410800 E

410850 E

410850 E

410900 E

410900 E

410950 E

410950 E

6395200 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m 1600 m

1650 m 1650 m

1700 m 1700 m

2m 464 gt Au

100 m

S15-066

S15-066

TSXV SKE

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410820 E

410840 E

410860 E

410880 E

410880 E

410900 E

410900 E

410920 E

410920 E

410940 E

410940 E

410960 E

410960 E

410980 E

410980 E

6395080 N

6395100 N

6395120 N

6395140 N

6395140 N

6395160 N

6395160 N

6395180 N

6395180 N

6395200 N

6395200 N

6395220 N

6395220 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m

1650 m 1650 m

1700 m 1700 m

559

294552

m 115 gt Au

2m 231 gt Au

100 m

S15-068

S15-068

S89-37

S89-3

7

S90-43

S90-43

100 m

S90-44

S90-44

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4610N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Monzonite (Lower)

100 m

200 m

S15-058

S15-058

(NSV)

100 m

200 m

S15-059

S15-059(NSV)

S90-49

100 m

S90-49

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4645N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-054

S15-054

(NSV)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4700N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

100 m

300 m

S15-043

S15-043

100 m

200 m

300 m

S90-50

100 m

S90-50

300 m

200 m

100 m

S15-061

S15-061

S15-063

S15-063

101m 072 gt Au

137m 112 gt Au

4m 2424 gt AuIncluding2m 448 gt Au

114m 1673 gt AuIncluding2m 818 gt Au

4m 2659 gt AuIncluding2m 465 gt Au2m 668 gt Au

2m

335 gt Au

2m 234 gt Au

2m 208 gt Au

2m 247 gt Au

18m 269 gt Au

2m 206 gt Au

2m 485 gt Au

2m 273 gt Au

2m 405 gt A

uIncluding2m 578 gt Au

2m 119 gt Au

2m 289 gt A

u

8m 404 gt AuIncluding

2m 875 gt Au

4480

8180

4650668

578

1190

875

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-009

14-SP-009

100 m

200 m

S15-010

S15-010

100 m

200 m

S15-013

S15-013

100 m

200 m

S15-014

S15-014

100 m

200 m

300 m

400 m

S15-045

S15-045

300 m

100 m

S79-02

S79-02

100 m

S80-18

S80-18

100 m

S89-34

S89-34

100 m

200 m

S15-055

S15-055

100 m

200 m

300 m

400 m

S15-064

S15-064

17m

419 gt Au

2m 292 gt Au

198m 134 gt Au

212m 224 gt Au

17m 1783 gt Au

141m 028 gt Au

31m

02 gt Au

127m 126 gt AuIncluding13m 338 gt Au2m 222 gt Au2m 227 gt Au2m 290 gt Au10m 23 gt Au

1695m 495 gt AuIncluding7m of 795 gt Au

33m 184 gt AuIncluding15m 475 gt Au

36m 164 gt AuIncluding2m 221 gt Au

2m 168 gt Au

2m 107 gt Au

4m 1367 gt Au

2m 179 gt Au

2m 10 gt Au

1m 111 gt Au

2m 2545 gt Au

6m 312 gt Au

2m 213 gt Au

175m 117 gt Au

2m 281 gt Au

14m 159 gt Au

19m 544 gt Au

415m 214 gt Au

4m 318 gt Au

2m 243 gt Au

5m 225 gt Au

4m 16 gt Au

2m 213 gt Au

2m 235 gt Au

14m 827 gt Au

6m 309 gt AuIncluding

1m 231 gt Au

2m 325 gt Au

2m 575 gt A

u

5252210

10001110

25450

9282210

1590

960

12101240

2130

1170

827

2310

575

1460

607

2256

614

1783

934

(Looking North)

Spectrum Gold Project - Section 4750N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

536

843

979

856

212

265328

240

205334

383

233

354203

950

271

247

345211

439

2983780

223

204

4980

287285

641774

238

918

207

296224

247214

223

398

799

353

219

226288

254

219

562

247

233

785

298

291

1196675

273

683

967

556

6021020

231

495

1200

390

220

3500

684447

356

756

590

324

220

451

832

645

1390

804

6m 786 gt Au

16m 856 gt Au

738m 179 gt Au

38m 128 gt Au

6m 207 gt Au

4m 286 gt Au

4m 708 gt Au

40m 131 gt Au

425m 136 gt Au

799m 156 gt Au

1247m 084 gt Au

61m 162 gt AuIncluding2m 238 gt Au4m 562 gt Au6m 199 gt Au2m 247 gt Au2m 214 gt Au

36m 104 gt AuIncluding5m 2 gt Au2m 228 gt Au135m 24 gt Au

12m 362 gt AuIncluding2m 95 gt Au

184m 64 gt AuIncluding39m 2527 gt AuAlso Including19m 50 gt Au

17m 18 gt AuIncluding20m 683 gt Au30m 245 gt Au

17m 967 gt Au

11m 31 gt AuIncluding22m 556 gt Au

6m 544 gt AuIncluding2m 102 gt Au

15m 456 gt Au

66m 1059 gt AuIncluding14m 378 gt Au

2m

231 gt Au

8m 536 gt AuIncluding2m 12 gt Au

14m 782 gt AuIncluding2m 35 gt Au

2m

756 gt Au

2m

59 gt A

u

225m

22 gt Au

15m

451 gt Au

2m 236 gt Au

2m 251 gt Au

2m 832 gt Au

2m 46 gt Au

26m 1018 gt Au

09m 804 gt Au

200 m

S15-011

S15-011

S15-012

S15-012

100 m

S15-016

S15-016

100 m

200 m

300 m

S15-042

S15-042

100 m

S15-048

S15-048(NSV)

100 m

200 m

S15-049

S15-049

100 m

200 m

300 m

S15-052

S15-052

100 m

200 m

300 m

S15-057

S15-057

100 m

S79-01

S79-01

S79-03

S80-19

S80-19

100 m

S92-92

S92-92

S15-070

100 m

200 m

300 m

400 m

S15-07

0

(Looking North)

Spectrum Gold Project - Section 4810N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

294

288

883613587

228

379

7450

504

254

1220

879

222

207

286

222

229

706

315

312

291

607

363

315

459

2670

594

2m 294 gt Au

2m 288 gt Au

2615m 821 gt AuIncluding915m 473 gt AuAlso Including215m 88 gt Au15m 61 gt Au2m 59 gt Au35m 442 gt AuAlso Including2m 745 gt Au

44m 112 gt AuIncluding2m 254 gt Au15m 122 gt Au

1m 879 gt Au

137m 064 gt Au

14m 262 gt Au

6m 204 gt Au

87m 286 gt Au

8m 218 gt Au

55m 344 gt Au

6m 555 gt Au

20m

222 gt Au

22m 207 gt Au

2m 286 gt A

u2m 222 gt A

u

2m 225 gt Au

2m 476 gt Au

1m 267 gt Au

11m 282 gt A

u

21m 293 gt Au

2m 266 gt Au

14m 594 gt Au

200 m

S15-015

S15-015

S15-021

S15-021

100 m

S15-028

100 m

200 m

300 m

S15-051

S15-051

100 m

200 m

300 m

S15-056

S15-056

S15-062

(NSV)

300 m

400 m

500 m

S15-062(Cont on 4890N)

S80-23

100 m

S80-23100 m

S80-26

S80-2

6100 m

S80-27

S80-27

S90-48

S90-48

S15-028

100 m

200 m

300 m

400 m

S15-067

S15-067

S15-069

100 m

200 m

400 m

S15-069

(Cont on 4890N)

(Looking North)

Spectrum Gold Project - Section 4850N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

41

11

00

E4

11

10

0 E

41

11

50

E4

11

15

0 E

41

12

00

E4

11

20

0 E

41

12

50

E4

11

25

0 E

41

13

00

E4

11

30

0 E

41

13

50

E4

11

35

0 E

41

14

00

E

41

14

50

E

41

15

00

E4

11

50

0 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

243

316

295

266697256

272359

879

925690

256

274

268

283

829

207

473

582

586

1860427

995

592

983

8090

288

240

405

1587

442

405

261

208

1020

12m 154 gt AuIncluding2m 243 gt Au4m 306 gt Au

21m

09 gt Au

135m 278 gt AuIncluding2m 697 gt Au

1m 879 gt Au

6m 555 gt Au

2m 256 gt Au

4m 271 gt Au

2m 283 gt Au

1m 829 gt Au

2m 473 gt Au

135m 582 gt Au

2m 586 gt Au

93m 395 gt AuIncluding13m 186 gt Au2m 427 gt Au

15m 995 gt Au1m 592 gt Au

23m 809 gt Au

9m 173 gt Au

122m 157 gt Au

85m 123 gt Au

47m 279 gt Au

19m 39 gt Au

144m 117 gt Au

2m 983 gt A

u

2m 253 gt A

u

1m 102 gt A

u

100 m

200 m

S15-019

S15-019

S15-028

S15-028

100 m

200 m

S15-031

S15-031

100 m

200 m

S15-041

S15-041

100 m

200 m

300 m

S15-050

S15-050

100 m

200 m

300 m

S15-053

S15-053

S15-062

(Cont from

4850N)

600 m

S15-062(NSV)

S79-04S79-05

S79-05

S79-06

S79-06

S79-07

S79-08

S79-08

S80-23

S80-23

S80-28

S80-28

100 m

S89-35

S89-35

100 m

S92-91

S92-91

S1

5-0

69

(Co

nt fro

m 4

85

0N)

400

m

S1

5-0

69

(Looking North)

Spectrum Gold Project - Section 4890N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

500 Colour Zone

Central Zone(Porphyry and QC structures)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 31:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

(Looking North)

Spectrum Gold Project - 300 Zone

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

410820 E

410840 E

410860 E

410880 E

410880 E

410900 E

410900 E

410920 E

410920 E

410940 E

410940 E

410960 E

410960 E

410980 E

410980 E

6395080 N

6395100 N

6395120 N

6395140 N

6395140 N

6395160 N

6395160 N

6395180 N

6395180 N

6395200 N

6395200 N

6395220 N

6395220 N

1400 m 1400 m

1450 m 1450 m

1500 m 1500 m

1550 m 1550 m

1600 m

1650 m 1650 m

1700 m 1700 m

559

294552

m 115 gt Au

2m 231 gt Au

100 m

S15-068

S15-068

S89-37

S89-3

7

S90-43

S90-43

100 m

S90-44

S90-44

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4610N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Monzonite (Lower)

100 m

200 m

S15-058

S15-058

(NSV)

100 m

200 m

S15-059

S15-059(NSV)

S90-49

100 m

S90-49

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4645N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-054

S15-054

(NSV)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4700N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

100 m

300 m

S15-043

S15-043

100 m

200 m

300 m

S90-50

100 m

S90-50

300 m

200 m

100 m

S15-061

S15-061

S15-063

S15-063

101m 072 gt Au

137m 112 gt Au

4m 2424 gt AuIncluding2m 448 gt Au

114m 1673 gt AuIncluding2m 818 gt Au

4m 2659 gt AuIncluding2m 465 gt Au2m 668 gt Au

2m

335 gt Au

2m 234 gt Au

2m 208 gt Au

2m 247 gt Au

18m 269 gt Au

2m 206 gt Au

2m 485 gt Au

2m 273 gt Au

2m 405 gt A

uIncluding2m 578 gt Au

2m 119 gt Au

2m 289 gt A

u

8m 404 gt AuIncluding

2m 875 gt Au

4480

8180

4650668

578

1190

875

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-009

14-SP-009

100 m

200 m

S15-010

S15-010

100 m

200 m

S15-013

S15-013

100 m

200 m

S15-014

S15-014

100 m

200 m

300 m

400 m

S15-045

S15-045

300 m

100 m

S79-02

S79-02

100 m

S80-18

S80-18

100 m

S89-34

S89-34

100 m

200 m

S15-055

S15-055

100 m

200 m

300 m

400 m

S15-064

S15-064

17m

419 gt Au

2m 292 gt Au

198m 134 gt Au

212m 224 gt Au

17m 1783 gt Au

141m 028 gt Au

31m

02 gt Au

127m 126 gt AuIncluding13m 338 gt Au2m 222 gt Au2m 227 gt Au2m 290 gt Au10m 23 gt Au

1695m 495 gt AuIncluding7m of 795 gt Au

33m 184 gt AuIncluding15m 475 gt Au

36m 164 gt AuIncluding2m 221 gt Au

2m 168 gt Au

2m 107 gt Au

4m 1367 gt Au

2m 179 gt Au

2m 10 gt Au

1m 111 gt Au

2m 2545 gt Au

6m 312 gt Au

2m 213 gt Au

175m 117 gt Au

2m 281 gt Au

14m 159 gt Au

19m 544 gt Au

415m 214 gt Au

4m 318 gt Au

2m 243 gt Au

5m 225 gt Au

4m 16 gt Au

2m 213 gt Au

2m 235 gt Au

14m 827 gt Au

6m 309 gt AuIncluding

1m 231 gt Au

2m 325 gt Au

2m 575 gt A

u

5252210

10001110

25450

9282210

1590

960

12101240

2130

1170

827

2310

575

1460

607

2256

614

1783

934

(Looking North)

Spectrum Gold Project - Section 4750N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

536

843

979

856

212

265328

240

205334

383

233

354203

950

271

247

345211

439

2983780

223

204

4980

287285

641774

238

918

207

296224

247214

223

398

799

353

219

226288

254

219

562

247

233

785

298

291

1196675

273

683

967

556

6021020

231

495

1200

390

220

3500

684447

356

756

590

324

220

451

832

645

1390

804

6m 786 gt Au

16m 856 gt Au

738m 179 gt Au

38m 128 gt Au

6m 207 gt Au

4m 286 gt Au

4m 708 gt Au

40m 131 gt Au

425m 136 gt Au

799m 156 gt Au

1247m 084 gt Au

61m 162 gt AuIncluding2m 238 gt Au4m 562 gt Au6m 199 gt Au2m 247 gt Au2m 214 gt Au

36m 104 gt AuIncluding5m 2 gt Au2m 228 gt Au135m 24 gt Au

12m 362 gt AuIncluding2m 95 gt Au

184m 64 gt AuIncluding39m 2527 gt AuAlso Including19m 50 gt Au

17m 18 gt AuIncluding20m 683 gt Au30m 245 gt Au

17m 967 gt Au

11m 31 gt AuIncluding22m 556 gt Au

6m 544 gt AuIncluding2m 102 gt Au

15m 456 gt Au

66m 1059 gt AuIncluding14m 378 gt Au

2m

231 gt Au

8m 536 gt AuIncluding2m 12 gt Au

14m 782 gt AuIncluding2m 35 gt Au

2m

756 gt Au

2m

59 gt A

u

225m

22 gt Au

15m

451 gt Au

2m 236 gt Au

2m 251 gt Au

2m 832 gt Au

2m 46 gt Au

26m 1018 gt Au

09m 804 gt Au

200 m

S15-011

S15-011

S15-012

S15-012

100 m

S15-016

S15-016

100 m

200 m

300 m

S15-042

S15-042

100 m

S15-048

S15-048(NSV)

100 m

200 m

S15-049

S15-049

100 m

200 m

300 m

S15-052

S15-052

100 m

200 m

300 m

S15-057

S15-057

100 m

S79-01

S79-01

S79-03

S80-19

S80-19

100 m

S92-92

S92-92

S15-070

100 m

200 m

300 m

400 m

S15-07

0

(Looking North)

Spectrum Gold Project - Section 4810N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

294

288

883613587

228

379

7450

504

254

1220

879

222

207

286

222

229

706

315

312

291

607

363

315

459

2670

594

2m 294 gt Au

2m 288 gt Au

2615m 821 gt AuIncluding915m 473 gt AuAlso Including215m 88 gt Au15m 61 gt Au2m 59 gt Au35m 442 gt AuAlso Including2m 745 gt Au

44m 112 gt AuIncluding2m 254 gt Au15m 122 gt Au

1m 879 gt Au

137m 064 gt Au

14m 262 gt Au

6m 204 gt Au

87m 286 gt Au

8m 218 gt Au

55m 344 gt Au

6m 555 gt Au

20m

222 gt Au

22m 207 gt Au

2m 286 gt A

u2m 222 gt A

u

2m 225 gt Au

2m 476 gt Au

1m 267 gt Au

11m 282 gt A

u

21m 293 gt Au

2m 266 gt Au

14m 594 gt Au

200 m

S15-015

S15-015

S15-021

S15-021

100 m

S15-028

100 m

200 m

300 m

S15-051

S15-051

100 m

200 m

300 m

S15-056

S15-056

S15-062

(NSV)

300 m

400 m

500 m

S15-062(Cont on 4890N)

S80-23

100 m

S80-23100 m

S80-26

S80-2

6100 m

S80-27

S80-27

S90-48

S90-48

S15-028

100 m

200 m

300 m

400 m

S15-067

S15-067

S15-069

100 m

200 m

400 m

S15-069

(Cont on 4890N)

(Looking North)

Spectrum Gold Project - Section 4850N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

41

11

00

E4

11

10

0 E

41

11

50

E4

11

15

0 E

41

12

00

E4

11

20

0 E

41

12

50

E4

11

25

0 E

41

13

00

E4

11

30

0 E

41

13

50

E4

11

35

0 E

41

14

00

E

41

14

50

E

41

15

00

E4

11

50

0 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

243

316

295

266697256

272359

879

925690

256

274

268

283

829

207

473

582

586

1860427

995

592

983

8090

288

240

405

1587

442

405

261

208

1020

12m 154 gt AuIncluding2m 243 gt Au4m 306 gt Au

21m

09 gt Au

135m 278 gt AuIncluding2m 697 gt Au

1m 879 gt Au

6m 555 gt Au

2m 256 gt Au

4m 271 gt Au

2m 283 gt Au

1m 829 gt Au

2m 473 gt Au

135m 582 gt Au

2m 586 gt Au

93m 395 gt AuIncluding13m 186 gt Au2m 427 gt Au

15m 995 gt Au1m 592 gt Au

23m 809 gt Au

9m 173 gt Au

122m 157 gt Au

85m 123 gt Au

47m 279 gt Au

19m 39 gt Au

144m 117 gt Au

2m 983 gt A

u

2m 253 gt A

u

1m 102 gt A

u

100 m

200 m

S15-019

S15-019

S15-028

S15-028

100 m

200 m

S15-031

S15-031

100 m

200 m

S15-041

S15-041

100 m

200 m

300 m

S15-050

S15-050

100 m

200 m

300 m

S15-053

S15-053

S15-062

(Cont from

4850N)

600 m

S15-062(NSV)

S79-04S79-05

S79-05

S79-06

S79-06

S79-07

S79-08

S79-08

S80-23

S80-23

S80-28

S80-28

100 m

S89-35

S89-35

100 m

S92-91

S92-91

S1

5-0

69

(Co

nt fro

m 4

85

0N)

400

m

S1

5-0

69

(Looking North)

Spectrum Gold Project - Section 4890N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

500 Colour Zone

Central Zone(Porphyry and QC structures)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 32:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4610N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Monzonite (Lower)

100 m

200 m

S15-058

S15-058

(NSV)

100 m

200 m

S15-059

S15-059(NSV)

S90-49

100 m

S90-49

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4645N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-054

S15-054

(NSV)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4700N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

100 m

300 m

S15-043

S15-043

100 m

200 m

300 m

S90-50

100 m

S90-50

300 m

200 m

100 m

S15-061

S15-061

S15-063

S15-063

101m 072 gt Au

137m 112 gt Au

4m 2424 gt AuIncluding2m 448 gt Au

114m 1673 gt AuIncluding2m 818 gt Au

4m 2659 gt AuIncluding2m 465 gt Au2m 668 gt Au

2m

335 gt Au

2m 234 gt Au

2m 208 gt Au

2m 247 gt Au

18m 269 gt Au

2m 206 gt Au

2m 485 gt Au

2m 273 gt Au

2m 405 gt A

uIncluding2m 578 gt Au

2m 119 gt Au

2m 289 gt A

u

8m 404 gt AuIncluding

2m 875 gt Au

4480

8180

4650668

578

1190

875

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-009

14-SP-009

100 m

200 m

S15-010

S15-010

100 m

200 m

S15-013

S15-013

100 m

200 m

S15-014

S15-014

100 m

200 m

300 m

400 m

S15-045

S15-045

300 m

100 m

S79-02

S79-02

100 m

S80-18

S80-18

100 m

S89-34

S89-34

100 m

200 m

S15-055

S15-055

100 m

200 m

300 m

400 m

S15-064

S15-064

17m

419 gt Au

2m 292 gt Au

198m 134 gt Au

212m 224 gt Au

17m 1783 gt Au

141m 028 gt Au

31m

02 gt Au

127m 126 gt AuIncluding13m 338 gt Au2m 222 gt Au2m 227 gt Au2m 290 gt Au10m 23 gt Au

1695m 495 gt AuIncluding7m of 795 gt Au

33m 184 gt AuIncluding15m 475 gt Au

36m 164 gt AuIncluding2m 221 gt Au

2m 168 gt Au

2m 107 gt Au

4m 1367 gt Au

2m 179 gt Au

2m 10 gt Au

1m 111 gt Au

2m 2545 gt Au

6m 312 gt Au

2m 213 gt Au

175m 117 gt Au

2m 281 gt Au

14m 159 gt Au

19m 544 gt Au

415m 214 gt Au

4m 318 gt Au

2m 243 gt Au

5m 225 gt Au

4m 16 gt Au

2m 213 gt Au

2m 235 gt Au

14m 827 gt Au

6m 309 gt AuIncluding

1m 231 gt Au

2m 325 gt Au

2m 575 gt A

u

5252210

10001110

25450

9282210

1590

960

12101240

2130

1170

827

2310

575

1460

607

2256

614

1783

934

(Looking North)

Spectrum Gold Project - Section 4750N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

536

843

979

856

212

265328

240

205334

383

233

354203

950

271

247

345211

439

2983780

223

204

4980

287285

641774

238

918

207

296224

247214

223

398

799

353

219

226288

254

219

562

247

233

785

298

291

1196675

273

683

967

556

6021020

231

495

1200

390

220

3500

684447

356

756

590

324

220

451

832

645

1390

804

6m 786 gt Au

16m 856 gt Au

738m 179 gt Au

38m 128 gt Au

6m 207 gt Au

4m 286 gt Au

4m 708 gt Au

40m 131 gt Au

425m 136 gt Au

799m 156 gt Au

1247m 084 gt Au

61m 162 gt AuIncluding2m 238 gt Au4m 562 gt Au6m 199 gt Au2m 247 gt Au2m 214 gt Au

36m 104 gt AuIncluding5m 2 gt Au2m 228 gt Au135m 24 gt Au

12m 362 gt AuIncluding2m 95 gt Au

184m 64 gt AuIncluding39m 2527 gt AuAlso Including19m 50 gt Au

17m 18 gt AuIncluding20m 683 gt Au30m 245 gt Au

17m 967 gt Au

11m 31 gt AuIncluding22m 556 gt Au

6m 544 gt AuIncluding2m 102 gt Au

15m 456 gt Au

66m 1059 gt AuIncluding14m 378 gt Au

2m

231 gt Au

8m 536 gt AuIncluding2m 12 gt Au

14m 782 gt AuIncluding2m 35 gt Au

2m

756 gt Au

2m

59 gt A

u

225m

22 gt Au

15m

451 gt Au

2m 236 gt Au

2m 251 gt Au

2m 832 gt Au

2m 46 gt Au

26m 1018 gt Au

09m 804 gt Au

200 m

S15-011

S15-011

S15-012

S15-012

100 m

S15-016

S15-016

100 m

200 m

300 m

S15-042

S15-042

100 m

S15-048

S15-048(NSV)

100 m

200 m

S15-049

S15-049

100 m

200 m

300 m

S15-052

S15-052

100 m

200 m

300 m

S15-057

S15-057

100 m

S79-01

S79-01

S79-03

S80-19

S80-19

100 m

S92-92

S92-92

S15-070

100 m

200 m

300 m

400 m

S15-07

0

(Looking North)

Spectrum Gold Project - Section 4810N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

294

288

883613587

228

379

7450

504

254

1220

879

222

207

286

222

229

706

315

312

291

607

363

315

459

2670

594

2m 294 gt Au

2m 288 gt Au

2615m 821 gt AuIncluding915m 473 gt AuAlso Including215m 88 gt Au15m 61 gt Au2m 59 gt Au35m 442 gt AuAlso Including2m 745 gt Au

44m 112 gt AuIncluding2m 254 gt Au15m 122 gt Au

1m 879 gt Au

137m 064 gt Au

14m 262 gt Au

6m 204 gt Au

87m 286 gt Au

8m 218 gt Au

55m 344 gt Au

6m 555 gt Au

20m

222 gt Au

22m 207 gt Au

2m 286 gt A

u2m 222 gt A

u

2m 225 gt Au

2m 476 gt Au

1m 267 gt Au

11m 282 gt A

u

21m 293 gt Au

2m 266 gt Au

14m 594 gt Au

200 m

S15-015

S15-015

S15-021

S15-021

100 m

S15-028

100 m

200 m

300 m

S15-051

S15-051

100 m

200 m

300 m

S15-056

S15-056

S15-062

(NSV)

300 m

400 m

500 m

S15-062(Cont on 4890N)

S80-23

100 m

S80-23100 m

S80-26

S80-2

6100 m

S80-27

S80-27

S90-48

S90-48

S15-028

100 m

200 m

300 m

400 m

S15-067

S15-067

S15-069

100 m

200 m

400 m

S15-069

(Cont on 4890N)

(Looking North)

Spectrum Gold Project - Section 4850N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

41

11

00

E4

11

10

0 E

41

11

50

E4

11

15

0 E

41

12

00

E4

11

20

0 E

41

12

50

E4

11

25

0 E

41

13

00

E4

11

30

0 E

41

13

50

E4

11

35

0 E

41

14

00

E

41

14

50

E

41

15

00

E4

11

50

0 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

243

316

295

266697256

272359

879

925690

256

274

268

283

829

207

473

582

586

1860427

995

592

983

8090

288

240

405

1587

442

405

261

208

1020

12m 154 gt AuIncluding2m 243 gt Au4m 306 gt Au

21m

09 gt Au

135m 278 gt AuIncluding2m 697 gt Au

1m 879 gt Au

6m 555 gt Au

2m 256 gt Au

4m 271 gt Au

2m 283 gt Au

1m 829 gt Au

2m 473 gt Au

135m 582 gt Au

2m 586 gt Au

93m 395 gt AuIncluding13m 186 gt Au2m 427 gt Au

15m 995 gt Au1m 592 gt Au

23m 809 gt Au

9m 173 gt Au

122m 157 gt Au

85m 123 gt Au

47m 279 gt Au

19m 39 gt Au

144m 117 gt Au

2m 983 gt A

u

2m 253 gt A

u

1m 102 gt A

u

100 m

200 m

S15-019

S15-019

S15-028

S15-028

100 m

200 m

S15-031

S15-031

100 m

200 m

S15-041

S15-041

100 m

200 m

300 m

S15-050

S15-050

100 m

200 m

300 m

S15-053

S15-053

S15-062

(Cont from

4850N)

600 m

S15-062(NSV)

S79-04S79-05

S79-05

S79-06

S79-06

S79-07

S79-08

S79-08

S80-23

S80-23

S80-28

S80-28

100 m

S89-35

S89-35

100 m

S92-91

S92-91

S1

5-0

69

(Co

nt fro

m 4

85

0N)

400

m

S1

5-0

69

(Looking North)

Spectrum Gold Project - Section 4890N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

500 Colour Zone

Central Zone(Porphyry and QC structures)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 33:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4645N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-054

S15-054

(NSV)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4700N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

100 m

300 m

S15-043

S15-043

100 m

200 m

300 m

S90-50

100 m

S90-50

300 m

200 m

100 m

S15-061

S15-061

S15-063

S15-063

101m 072 gt Au

137m 112 gt Au

4m 2424 gt AuIncluding2m 448 gt Au

114m 1673 gt AuIncluding2m 818 gt Au

4m 2659 gt AuIncluding2m 465 gt Au2m 668 gt Au

2m

335 gt Au

2m 234 gt Au

2m 208 gt Au

2m 247 gt Au

18m 269 gt Au

2m 206 gt Au

2m 485 gt Au

2m 273 gt Au

2m 405 gt A

uIncluding2m 578 gt Au

2m 119 gt Au

2m 289 gt A

u

8m 404 gt AuIncluding

2m 875 gt Au

4480

8180

4650668

578

1190

875

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-009

14-SP-009

100 m

200 m

S15-010

S15-010

100 m

200 m

S15-013

S15-013

100 m

200 m

S15-014

S15-014

100 m

200 m

300 m

400 m

S15-045

S15-045

300 m

100 m

S79-02

S79-02

100 m

S80-18

S80-18

100 m

S89-34

S89-34

100 m

200 m

S15-055

S15-055

100 m

200 m

300 m

400 m

S15-064

S15-064

17m

419 gt Au

2m 292 gt Au

198m 134 gt Au

212m 224 gt Au

17m 1783 gt Au

141m 028 gt Au

31m

02 gt Au

127m 126 gt AuIncluding13m 338 gt Au2m 222 gt Au2m 227 gt Au2m 290 gt Au10m 23 gt Au

1695m 495 gt AuIncluding7m of 795 gt Au

33m 184 gt AuIncluding15m 475 gt Au

36m 164 gt AuIncluding2m 221 gt Au

2m 168 gt Au

2m 107 gt Au

4m 1367 gt Au

2m 179 gt Au

2m 10 gt Au

1m 111 gt Au

2m 2545 gt Au

6m 312 gt Au

2m 213 gt Au

175m 117 gt Au

2m 281 gt Au

14m 159 gt Au

19m 544 gt Au

415m 214 gt Au

4m 318 gt Au

2m 243 gt Au

5m 225 gt Au

4m 16 gt Au

2m 213 gt Au

2m 235 gt Au

14m 827 gt Au

6m 309 gt AuIncluding

1m 231 gt Au

2m 325 gt Au

2m 575 gt A

u

5252210

10001110

25450

9282210

1590

960

12101240

2130

1170

827

2310

575

1460

607

2256

614

1783

934

(Looking North)

Spectrum Gold Project - Section 4750N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

536

843

979

856

212

265328

240

205334

383

233

354203

950

271

247

345211

439

2983780

223

204

4980

287285

641774

238

918

207

296224

247214

223

398

799

353

219

226288

254

219

562

247

233

785

298

291

1196675

273

683

967

556

6021020

231

495

1200

390

220

3500

684447

356

756

590

324

220

451

832

645

1390

804

6m 786 gt Au

16m 856 gt Au

738m 179 gt Au

38m 128 gt Au

6m 207 gt Au

4m 286 gt Au

4m 708 gt Au

40m 131 gt Au

425m 136 gt Au

799m 156 gt Au

1247m 084 gt Au

61m 162 gt AuIncluding2m 238 gt Au4m 562 gt Au6m 199 gt Au2m 247 gt Au2m 214 gt Au

36m 104 gt AuIncluding5m 2 gt Au2m 228 gt Au135m 24 gt Au

12m 362 gt AuIncluding2m 95 gt Au

184m 64 gt AuIncluding39m 2527 gt AuAlso Including19m 50 gt Au

17m 18 gt AuIncluding20m 683 gt Au30m 245 gt Au

17m 967 gt Au

11m 31 gt AuIncluding22m 556 gt Au

6m 544 gt AuIncluding2m 102 gt Au

15m 456 gt Au

66m 1059 gt AuIncluding14m 378 gt Au

2m

231 gt Au

8m 536 gt AuIncluding2m 12 gt Au

14m 782 gt AuIncluding2m 35 gt Au

2m

756 gt Au

2m

59 gt A

u

225m

22 gt Au

15m

451 gt Au

2m 236 gt Au

2m 251 gt Au

2m 832 gt Au

2m 46 gt Au

26m 1018 gt Au

09m 804 gt Au

200 m

S15-011

S15-011

S15-012

S15-012

100 m

S15-016

S15-016

100 m

200 m

300 m

S15-042

S15-042

100 m

S15-048

S15-048(NSV)

100 m

200 m

S15-049

S15-049

100 m

200 m

300 m

S15-052

S15-052

100 m

200 m

300 m

S15-057

S15-057

100 m

S79-01

S79-01

S79-03

S80-19

S80-19

100 m

S92-92

S92-92

S15-070

100 m

200 m

300 m

400 m

S15-07

0

(Looking North)

Spectrum Gold Project - Section 4810N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

294

288

883613587

228

379

7450

504

254

1220

879

222

207

286

222

229

706

315

312

291

607

363

315

459

2670

594

2m 294 gt Au

2m 288 gt Au

2615m 821 gt AuIncluding915m 473 gt AuAlso Including215m 88 gt Au15m 61 gt Au2m 59 gt Au35m 442 gt AuAlso Including2m 745 gt Au

44m 112 gt AuIncluding2m 254 gt Au15m 122 gt Au

1m 879 gt Au

137m 064 gt Au

14m 262 gt Au

6m 204 gt Au

87m 286 gt Au

8m 218 gt Au

55m 344 gt Au

6m 555 gt Au

20m

222 gt Au

22m 207 gt Au

2m 286 gt A

u2m 222 gt A

u

2m 225 gt Au

2m 476 gt Au

1m 267 gt Au

11m 282 gt A

u

21m 293 gt Au

2m 266 gt Au

14m 594 gt Au

200 m

S15-015

S15-015

S15-021

S15-021

100 m

S15-028

100 m

200 m

300 m

S15-051

S15-051

100 m

200 m

300 m

S15-056

S15-056

S15-062

(NSV)

300 m

400 m

500 m

S15-062(Cont on 4890N)

S80-23

100 m

S80-23100 m

S80-26

S80-2

6100 m

S80-27

S80-27

S90-48

S90-48

S15-028

100 m

200 m

300 m

400 m

S15-067

S15-067

S15-069

100 m

200 m

400 m

S15-069

(Cont on 4890N)

(Looking North)

Spectrum Gold Project - Section 4850N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

41

11

00

E4

11

10

0 E

41

11

50

E4

11

15

0 E

41

12

00

E4

11

20

0 E

41

12

50

E4

11

25

0 E

41

13

00

E4

11

30

0 E

41

13

50

E4

11

35

0 E

41

14

00

E

41

14

50

E

41

15

00

E4

11

50

0 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

243

316

295

266697256

272359

879

925690

256

274

268

283

829

207

473

582

586

1860427

995

592

983

8090

288

240

405

1587

442

405

261

208

1020

12m 154 gt AuIncluding2m 243 gt Au4m 306 gt Au

21m

09 gt Au

135m 278 gt AuIncluding2m 697 gt Au

1m 879 gt Au

6m 555 gt Au

2m 256 gt Au

4m 271 gt Au

2m 283 gt Au

1m 829 gt Au

2m 473 gt Au

135m 582 gt Au

2m 586 gt Au

93m 395 gt AuIncluding13m 186 gt Au2m 427 gt Au

15m 995 gt Au1m 592 gt Au

23m 809 gt Au

9m 173 gt Au

122m 157 gt Au

85m 123 gt Au

47m 279 gt Au

19m 39 gt Au

144m 117 gt Au

2m 983 gt A

u

2m 253 gt A

u

1m 102 gt A

u

100 m

200 m

S15-019

S15-019

S15-028

S15-028

100 m

200 m

S15-031

S15-031

100 m

200 m

S15-041

S15-041

100 m

200 m

300 m

S15-050

S15-050

100 m

200 m

300 m

S15-053

S15-053

S15-062

(Cont from

4850N)

600 m

S15-062(NSV)

S79-04S79-05

S79-05

S79-06

S79-06

S79-07

S79-08

S79-08

S80-23

S80-23

S80-28

S80-28

100 m

S89-35

S89-35

100 m

S92-91

S92-91

S1

5-0

69

(Co

nt fro

m 4

85

0N)

400

m

S1

5-0

69

(Looking North)

Spectrum Gold Project - Section 4890N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

500 Colour Zone

Central Zone(Porphyry and QC structures)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 34:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 4700N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

100 m

300 m

S15-043

S15-043

100 m

200 m

300 m

S90-50

100 m

S90-50

300 m

200 m

100 m

S15-061

S15-061

S15-063

S15-063

101m 072 gt Au

137m 112 gt Au

4m 2424 gt AuIncluding2m 448 gt Au

114m 1673 gt AuIncluding2m 818 gt Au

4m 2659 gt AuIncluding2m 465 gt Au2m 668 gt Au

2m

335 gt Au

2m 234 gt Au

2m 208 gt Au

2m 247 gt Au

18m 269 gt Au

2m 206 gt Au

2m 485 gt Au

2m 273 gt Au

2m 405 gt A

uIncluding2m 578 gt Au

2m 119 gt Au

2m 289 gt A

u

8m 404 gt AuIncluding

2m 875 gt Au

4480

8180

4650668

578

1190

875

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-009

14-SP-009

100 m

200 m

S15-010

S15-010

100 m

200 m

S15-013

S15-013

100 m

200 m

S15-014

S15-014

100 m

200 m

300 m

400 m

S15-045

S15-045

300 m

100 m

S79-02

S79-02

100 m

S80-18

S80-18

100 m

S89-34

S89-34

100 m

200 m

S15-055

S15-055

100 m

200 m

300 m

400 m

S15-064

S15-064

17m

419 gt Au

2m 292 gt Au

198m 134 gt Au

212m 224 gt Au

17m 1783 gt Au

141m 028 gt Au

31m

02 gt Au

127m 126 gt AuIncluding13m 338 gt Au2m 222 gt Au2m 227 gt Au2m 290 gt Au10m 23 gt Au

1695m 495 gt AuIncluding7m of 795 gt Au

33m 184 gt AuIncluding15m 475 gt Au

36m 164 gt AuIncluding2m 221 gt Au

2m 168 gt Au

2m 107 gt Au

4m 1367 gt Au

2m 179 gt Au

2m 10 gt Au

1m 111 gt Au

2m 2545 gt Au

6m 312 gt Au

2m 213 gt Au

175m 117 gt Au

2m 281 gt Au

14m 159 gt Au

19m 544 gt Au

415m 214 gt Au

4m 318 gt Au

2m 243 gt Au

5m 225 gt Au

4m 16 gt Au

2m 213 gt Au

2m 235 gt Au

14m 827 gt Au

6m 309 gt AuIncluding

1m 231 gt Au

2m 325 gt Au

2m 575 gt A

u

5252210

10001110

25450

9282210

1590

960

12101240

2130

1170

827

2310

575

1460

607

2256

614

1783

934

(Looking North)

Spectrum Gold Project - Section 4750N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

536

843

979

856

212

265328

240

205334

383

233

354203

950

271

247

345211

439

2983780

223

204

4980

287285

641774

238

918

207

296224

247214

223

398

799

353

219

226288

254

219

562

247

233

785

298

291

1196675

273

683

967

556

6021020

231

495

1200

390

220

3500

684447

356

756

590

324

220

451

832

645

1390

804

6m 786 gt Au

16m 856 gt Au

738m 179 gt Au

38m 128 gt Au

6m 207 gt Au

4m 286 gt Au

4m 708 gt Au

40m 131 gt Au

425m 136 gt Au

799m 156 gt Au

1247m 084 gt Au

61m 162 gt AuIncluding2m 238 gt Au4m 562 gt Au6m 199 gt Au2m 247 gt Au2m 214 gt Au

36m 104 gt AuIncluding5m 2 gt Au2m 228 gt Au135m 24 gt Au

12m 362 gt AuIncluding2m 95 gt Au

184m 64 gt AuIncluding39m 2527 gt AuAlso Including19m 50 gt Au

17m 18 gt AuIncluding20m 683 gt Au30m 245 gt Au

17m 967 gt Au

11m 31 gt AuIncluding22m 556 gt Au

6m 544 gt AuIncluding2m 102 gt Au

15m 456 gt Au

66m 1059 gt AuIncluding14m 378 gt Au

2m

231 gt Au

8m 536 gt AuIncluding2m 12 gt Au

14m 782 gt AuIncluding2m 35 gt Au

2m

756 gt Au

2m

59 gt A

u

225m

22 gt Au

15m

451 gt Au

2m 236 gt Au

2m 251 gt Au

2m 832 gt Au

2m 46 gt Au

26m 1018 gt Au

09m 804 gt Au

200 m

S15-011

S15-011

S15-012

S15-012

100 m

S15-016

S15-016

100 m

200 m

300 m

S15-042

S15-042

100 m

S15-048

S15-048(NSV)

100 m

200 m

S15-049

S15-049

100 m

200 m

300 m

S15-052

S15-052

100 m

200 m

300 m

S15-057

S15-057

100 m

S79-01

S79-01

S79-03

S80-19

S80-19

100 m

S92-92

S92-92

S15-070

100 m

200 m

300 m

400 m

S15-07

0

(Looking North)

Spectrum Gold Project - Section 4810N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

294

288

883613587

228

379

7450

504

254

1220

879

222

207

286

222

229

706

315

312

291

607

363

315

459

2670

594

2m 294 gt Au

2m 288 gt Au

2615m 821 gt AuIncluding915m 473 gt AuAlso Including215m 88 gt Au15m 61 gt Au2m 59 gt Au35m 442 gt AuAlso Including2m 745 gt Au

44m 112 gt AuIncluding2m 254 gt Au15m 122 gt Au

1m 879 gt Au

137m 064 gt Au

14m 262 gt Au

6m 204 gt Au

87m 286 gt Au

8m 218 gt Au

55m 344 gt Au

6m 555 gt Au

20m

222 gt Au

22m 207 gt Au

2m 286 gt A

u2m 222 gt A

u

2m 225 gt Au

2m 476 gt Au

1m 267 gt Au

11m 282 gt A

u

21m 293 gt Au

2m 266 gt Au

14m 594 gt Au

200 m

S15-015

S15-015

S15-021

S15-021

100 m

S15-028

100 m

200 m

300 m

S15-051

S15-051

100 m

200 m

300 m

S15-056

S15-056

S15-062

(NSV)

300 m

400 m

500 m

S15-062(Cont on 4890N)

S80-23

100 m

S80-23100 m

S80-26

S80-2

6100 m

S80-27

S80-27

S90-48

S90-48

S15-028

100 m

200 m

300 m

400 m

S15-067

S15-067

S15-069

100 m

200 m

400 m

S15-069

(Cont on 4890N)

(Looking North)

Spectrum Gold Project - Section 4850N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

41

11

00

E4

11

10

0 E

41

11

50

E4

11

15

0 E

41

12

00

E4

11

20

0 E

41

12

50

E4

11

25

0 E

41

13

00

E4

11

30

0 E

41

13

50

E4

11

35

0 E

41

14

00

E

41

14

50

E

41

15

00

E4

11

50

0 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

243

316

295

266697256

272359

879

925690

256

274

268

283

829

207

473

582

586

1860427

995

592

983

8090

288

240

405

1587

442

405

261

208

1020

12m 154 gt AuIncluding2m 243 gt Au4m 306 gt Au

21m

09 gt Au

135m 278 gt AuIncluding2m 697 gt Au

1m 879 gt Au

6m 555 gt Au

2m 256 gt Au

4m 271 gt Au

2m 283 gt Au

1m 829 gt Au

2m 473 gt Au

135m 582 gt Au

2m 586 gt Au

93m 395 gt AuIncluding13m 186 gt Au2m 427 gt Au

15m 995 gt Au1m 592 gt Au

23m 809 gt Au

9m 173 gt Au

122m 157 gt Au

85m 123 gt Au

47m 279 gt Au

19m 39 gt Au

144m 117 gt Au

2m 983 gt A

u

2m 253 gt A

u

1m 102 gt A

u

100 m

200 m

S15-019

S15-019

S15-028

S15-028

100 m

200 m

S15-031

S15-031

100 m

200 m

S15-041

S15-041

100 m

200 m

300 m

S15-050

S15-050

100 m

200 m

300 m

S15-053

S15-053

S15-062

(Cont from

4850N)

600 m

S15-062(NSV)

S79-04S79-05

S79-05

S79-06

S79-06

S79-07

S79-08

S79-08

S80-23

S80-23

S80-28

S80-28

100 m

S89-35

S89-35

100 m

S92-91

S92-91

S1

5-0

69

(Co

nt fro

m 4

85

0N)

400

m

S1

5-0

69

(Looking North)

Spectrum Gold Project - Section 4890N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

500 Colour Zone

Central Zone(Porphyry and QC structures)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 35:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-009

14-SP-009

100 m

200 m

S15-010

S15-010

100 m

200 m

S15-013

S15-013

100 m

200 m

S15-014

S15-014

100 m

200 m

300 m

400 m

S15-045

S15-045

300 m

100 m

S79-02

S79-02

100 m

S80-18

S80-18

100 m

S89-34

S89-34

100 m

200 m

S15-055

S15-055

100 m

200 m

300 m

400 m

S15-064

S15-064

17m

419 gt Au

2m 292 gt Au

198m 134 gt Au

212m 224 gt Au

17m 1783 gt Au

141m 028 gt Au

31m

02 gt Au

127m 126 gt AuIncluding13m 338 gt Au2m 222 gt Au2m 227 gt Au2m 290 gt Au10m 23 gt Au

1695m 495 gt AuIncluding7m of 795 gt Au

33m 184 gt AuIncluding15m 475 gt Au

36m 164 gt AuIncluding2m 221 gt Au

2m 168 gt Au

2m 107 gt Au

4m 1367 gt Au

2m 179 gt Au

2m 10 gt Au

1m 111 gt Au

2m 2545 gt Au

6m 312 gt Au

2m 213 gt Au

175m 117 gt Au

2m 281 gt Au

14m 159 gt Au

19m 544 gt Au

415m 214 gt Au

4m 318 gt Au

2m 243 gt Au

5m 225 gt Au

4m 16 gt Au

2m 213 gt Au

2m 235 gt Au

14m 827 gt Au

6m 309 gt AuIncluding

1m 231 gt Au

2m 325 gt Au

2m 575 gt A

u

5252210

10001110

25450

9282210

1590

960

12101240

2130

1170

827

2310

575

1460

607

2256

614

1783

934

(Looking North)

Spectrum Gold Project - Section 4750N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

536

843

979

856

212

265328

240

205334

383

233

354203

950

271

247

345211

439

2983780

223

204

4980

287285

641774

238

918

207

296224

247214

223

398

799

353

219

226288

254

219

562

247

233

785

298

291

1196675

273

683

967

556

6021020

231

495

1200

390

220

3500

684447

356

756

590

324

220

451

832

645

1390

804

6m 786 gt Au

16m 856 gt Au

738m 179 gt Au

38m 128 gt Au

6m 207 gt Au

4m 286 gt Au

4m 708 gt Au

40m 131 gt Au

425m 136 gt Au

799m 156 gt Au

1247m 084 gt Au

61m 162 gt AuIncluding2m 238 gt Au4m 562 gt Au6m 199 gt Au2m 247 gt Au2m 214 gt Au

36m 104 gt AuIncluding5m 2 gt Au2m 228 gt Au135m 24 gt Au

12m 362 gt AuIncluding2m 95 gt Au

184m 64 gt AuIncluding39m 2527 gt AuAlso Including19m 50 gt Au

17m 18 gt AuIncluding20m 683 gt Au30m 245 gt Au

17m 967 gt Au

11m 31 gt AuIncluding22m 556 gt Au

6m 544 gt AuIncluding2m 102 gt Au

15m 456 gt Au

66m 1059 gt AuIncluding14m 378 gt Au

2m

231 gt Au

8m 536 gt AuIncluding2m 12 gt Au

14m 782 gt AuIncluding2m 35 gt Au

2m

756 gt Au

2m

59 gt A

u

225m

22 gt Au

15m

451 gt Au

2m 236 gt Au

2m 251 gt Au

2m 832 gt Au

2m 46 gt Au

26m 1018 gt Au

09m 804 gt Au

200 m

S15-011

S15-011

S15-012

S15-012

100 m

S15-016

S15-016

100 m

200 m

300 m

S15-042

S15-042

100 m

S15-048

S15-048(NSV)

100 m

200 m

S15-049

S15-049

100 m

200 m

300 m

S15-052

S15-052

100 m

200 m

300 m

S15-057

S15-057

100 m

S79-01

S79-01

S79-03

S80-19

S80-19

100 m

S92-92

S92-92

S15-070

100 m

200 m

300 m

400 m

S15-07

0

(Looking North)

Spectrum Gold Project - Section 4810N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

294

288

883613587

228

379

7450

504

254

1220

879

222

207

286

222

229

706

315

312

291

607

363

315

459

2670

594

2m 294 gt Au

2m 288 gt Au

2615m 821 gt AuIncluding915m 473 gt AuAlso Including215m 88 gt Au15m 61 gt Au2m 59 gt Au35m 442 gt AuAlso Including2m 745 gt Au

44m 112 gt AuIncluding2m 254 gt Au15m 122 gt Au

1m 879 gt Au

137m 064 gt Au

14m 262 gt Au

6m 204 gt Au

87m 286 gt Au

8m 218 gt Au

55m 344 gt Au

6m 555 gt Au

20m

222 gt Au

22m 207 gt Au

2m 286 gt A

u2m 222 gt A

u

2m 225 gt Au

2m 476 gt Au

1m 267 gt Au

11m 282 gt A

u

21m 293 gt Au

2m 266 gt Au

14m 594 gt Au

200 m

S15-015

S15-015

S15-021

S15-021

100 m

S15-028

100 m

200 m

300 m

S15-051

S15-051

100 m

200 m

300 m

S15-056

S15-056

S15-062

(NSV)

300 m

400 m

500 m

S15-062(Cont on 4890N)

S80-23

100 m

S80-23100 m

S80-26

S80-2

6100 m

S80-27

S80-27

S90-48

S90-48

S15-028

100 m

200 m

300 m

400 m

S15-067

S15-067

S15-069

100 m

200 m

400 m

S15-069

(Cont on 4890N)

(Looking North)

Spectrum Gold Project - Section 4850N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

41

11

00

E4

11

10

0 E

41

11

50

E4

11

15

0 E

41

12

00

E4

11

20

0 E

41

12

50

E4

11

25

0 E

41

13

00

E4

11

30

0 E

41

13

50

E4

11

35

0 E

41

14

00

E

41

14

50

E

41

15

00

E4

11

50

0 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

243

316

295

266697256

272359

879

925690

256

274

268

283

829

207

473

582

586

1860427

995

592

983

8090

288

240

405

1587

442

405

261

208

1020

12m 154 gt AuIncluding2m 243 gt Au4m 306 gt Au

21m

09 gt Au

135m 278 gt AuIncluding2m 697 gt Au

1m 879 gt Au

6m 555 gt Au

2m 256 gt Au

4m 271 gt Au

2m 283 gt Au

1m 829 gt Au

2m 473 gt Au

135m 582 gt Au

2m 586 gt Au

93m 395 gt AuIncluding13m 186 gt Au2m 427 gt Au

15m 995 gt Au1m 592 gt Au

23m 809 gt Au

9m 173 gt Au

122m 157 gt Au

85m 123 gt Au

47m 279 gt Au

19m 39 gt Au

144m 117 gt Au

2m 983 gt A

u

2m 253 gt A

u

1m 102 gt A

u

100 m

200 m

S15-019

S15-019

S15-028

S15-028

100 m

200 m

S15-031

S15-031

100 m

200 m

S15-041

S15-041

100 m

200 m

300 m

S15-050

S15-050

100 m

200 m

300 m

S15-053

S15-053

S15-062

(Cont from

4850N)

600 m

S15-062(NSV)

S79-04S79-05

S79-05

S79-06

S79-06

S79-07

S79-08

S79-08

S80-23

S80-23

S80-28

S80-28

100 m

S89-35

S89-35

100 m

S92-91

S92-91

S1

5-0

69

(Co

nt fro

m 4

85

0N)

400

m

S1

5-0

69

(Looking North)

Spectrum Gold Project - Section 4890N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

500 Colour Zone

Central Zone(Porphyry and QC structures)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 36:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

536

843

979

856

212

265328

240

205334

383

233

354203

950

271

247

345211

439

2983780

223

204

4980

287285

641774

238

918

207

296224

247214

223

398

799

353

219

226288

254

219

562

247

233

785

298

291

1196675

273

683

967

556

6021020

231

495

1200

390

220

3500

684447

356

756

590

324

220

451

832

645

1390

804

6m 786 gt Au

16m 856 gt Au

738m 179 gt Au

38m 128 gt Au

6m 207 gt Au

4m 286 gt Au

4m 708 gt Au

40m 131 gt Au

425m 136 gt Au

799m 156 gt Au

1247m 084 gt Au

61m 162 gt AuIncluding2m 238 gt Au4m 562 gt Au6m 199 gt Au2m 247 gt Au2m 214 gt Au

36m 104 gt AuIncluding5m 2 gt Au2m 228 gt Au135m 24 gt Au

12m 362 gt AuIncluding2m 95 gt Au

184m 64 gt AuIncluding39m 2527 gt AuAlso Including19m 50 gt Au

17m 18 gt AuIncluding20m 683 gt Au30m 245 gt Au

17m 967 gt Au

11m 31 gt AuIncluding22m 556 gt Au

6m 544 gt AuIncluding2m 102 gt Au

15m 456 gt Au

66m 1059 gt AuIncluding14m 378 gt Au

2m

231 gt Au

8m 536 gt AuIncluding2m 12 gt Au

14m 782 gt AuIncluding2m 35 gt Au

2m

756 gt Au

2m

59 gt A

u

225m

22 gt Au

15m

451 gt Au

2m 236 gt Au

2m 251 gt Au

2m 832 gt Au

2m 46 gt Au

26m 1018 gt Au

09m 804 gt Au

200 m

S15-011

S15-011

S15-012

S15-012

100 m

S15-016

S15-016

100 m

200 m

300 m

S15-042

S15-042

100 m

S15-048

S15-048(NSV)

100 m

200 m

S15-049

S15-049

100 m

200 m

300 m

S15-052

S15-052

100 m

200 m

300 m

S15-057

S15-057

100 m

S79-01

S79-01

S79-03

S80-19

S80-19

100 m

S92-92

S92-92

S15-070

100 m

200 m

300 m

400 m

S15-07

0

(Looking North)

Spectrum Gold Project - Section 4810N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

294

288

883613587

228

379

7450

504

254

1220

879

222

207

286

222

229

706

315

312

291

607

363

315

459

2670

594

2m 294 gt Au

2m 288 gt Au

2615m 821 gt AuIncluding915m 473 gt AuAlso Including215m 88 gt Au15m 61 gt Au2m 59 gt Au35m 442 gt AuAlso Including2m 745 gt Au

44m 112 gt AuIncluding2m 254 gt Au15m 122 gt Au

1m 879 gt Au

137m 064 gt Au

14m 262 gt Au

6m 204 gt Au

87m 286 gt Au

8m 218 gt Au

55m 344 gt Au

6m 555 gt Au

20m

222 gt Au

22m 207 gt Au

2m 286 gt A

u2m 222 gt A

u

2m 225 gt Au

2m 476 gt Au

1m 267 gt Au

11m 282 gt A

u

21m 293 gt Au

2m 266 gt Au

14m 594 gt Au

200 m

S15-015

S15-015

S15-021

S15-021

100 m

S15-028

100 m

200 m

300 m

S15-051

S15-051

100 m

200 m

300 m

S15-056

S15-056

S15-062

(NSV)

300 m

400 m

500 m

S15-062(Cont on 4890N)

S80-23

100 m

S80-23100 m

S80-26

S80-2

6100 m

S80-27

S80-27

S90-48

S90-48

S15-028

100 m

200 m

300 m

400 m

S15-067

S15-067

S15-069

100 m

200 m

400 m

S15-069

(Cont on 4890N)

(Looking North)

Spectrum Gold Project - Section 4850N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

41

11

00

E4

11

10

0 E

41

11

50

E4

11

15

0 E

41

12

00

E4

11

20

0 E

41

12

50

E4

11

25

0 E

41

13

00

E4

11

30

0 E

41

13

50

E4

11

35

0 E

41

14

00

E

41

14

50

E

41

15

00

E4

11

50

0 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

243

316

295

266697256

272359

879

925690

256

274

268

283

829

207

473

582

586

1860427

995

592

983

8090

288

240

405

1587

442

405

261

208

1020

12m 154 gt AuIncluding2m 243 gt Au4m 306 gt Au

21m

09 gt Au

135m 278 gt AuIncluding2m 697 gt Au

1m 879 gt Au

6m 555 gt Au

2m 256 gt Au

4m 271 gt Au

2m 283 gt Au

1m 829 gt Au

2m 473 gt Au

135m 582 gt Au

2m 586 gt Au

93m 395 gt AuIncluding13m 186 gt Au2m 427 gt Au

15m 995 gt Au1m 592 gt Au

23m 809 gt Au

9m 173 gt Au

122m 157 gt Au

85m 123 gt Au

47m 279 gt Au

19m 39 gt Au

144m 117 gt Au

2m 983 gt A

u

2m 253 gt A

u

1m 102 gt A

u

100 m

200 m

S15-019

S15-019

S15-028

S15-028

100 m

200 m

S15-031

S15-031

100 m

200 m

S15-041

S15-041

100 m

200 m

300 m

S15-050

S15-050

100 m

200 m

300 m

S15-053

S15-053

S15-062

(Cont from

4850N)

600 m

S15-062(NSV)

S79-04S79-05

S79-05

S79-06

S79-06

S79-07

S79-08

S79-08

S80-23

S80-23

S80-28

S80-28

100 m

S89-35

S89-35

100 m

S92-91

S92-91

S1

5-0

69

(Co

nt fro

m 4

85

0N)

400

m

S1

5-0

69

(Looking North)

Spectrum Gold Project - Section 4890N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

500 Colour Zone

Central Zone(Porphyry and QC structures)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 37:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

294

288

883613587

228

379

7450

504

254

1220

879

222

207

286

222

229

706

315

312

291

607

363

315

459

2670

594

2m 294 gt Au

2m 288 gt Au

2615m 821 gt AuIncluding915m 473 gt AuAlso Including215m 88 gt Au15m 61 gt Au2m 59 gt Au35m 442 gt AuAlso Including2m 745 gt Au

44m 112 gt AuIncluding2m 254 gt Au15m 122 gt Au

1m 879 gt Au

137m 064 gt Au

14m 262 gt Au

6m 204 gt Au

87m 286 gt Au

8m 218 gt Au

55m 344 gt Au

6m 555 gt Au

20m

222 gt Au

22m 207 gt Au

2m 286 gt A

u2m 222 gt A

u

2m 225 gt Au

2m 476 gt Au

1m 267 gt Au

11m 282 gt A

u

21m 293 gt Au

2m 266 gt Au

14m 594 gt Au

200 m

S15-015

S15-015

S15-021

S15-021

100 m

S15-028

100 m

200 m

300 m

S15-051

S15-051

100 m

200 m

300 m

S15-056

S15-056

S15-062

(NSV)

300 m

400 m

500 m

S15-062(Cont on 4890N)

S80-23

100 m

S80-23100 m

S80-26

S80-2

6100 m

S80-27

S80-27

S90-48

S90-48

S15-028

100 m

200 m

300 m

400 m

S15-067

S15-067

S15-069

100 m

200 m

400 m

S15-069

(Cont on 4890N)

(Looking North)

Spectrum Gold Project - Section 4850N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

41

11

00

E4

11

10

0 E

41

11

50

E4

11

15

0 E

41

12

00

E4

11

20

0 E

41

12

50

E4

11

25

0 E

41

13

00

E4

11

30

0 E

41

13

50

E4

11

35

0 E

41

14

00

E

41

14

50

E

41

15

00

E4

11

50

0 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

243

316

295

266697256

272359

879

925690

256

274

268

283

829

207

473

582

586

1860427

995

592

983

8090

288

240

405

1587

442

405

261

208

1020

12m 154 gt AuIncluding2m 243 gt Au4m 306 gt Au

21m

09 gt Au

135m 278 gt AuIncluding2m 697 gt Au

1m 879 gt Au

6m 555 gt Au

2m 256 gt Au

4m 271 gt Au

2m 283 gt Au

1m 829 gt Au

2m 473 gt Au

135m 582 gt Au

2m 586 gt Au

93m 395 gt AuIncluding13m 186 gt Au2m 427 gt Au

15m 995 gt Au1m 592 gt Au

23m 809 gt Au

9m 173 gt Au

122m 157 gt Au

85m 123 gt Au

47m 279 gt Au

19m 39 gt Au

144m 117 gt Au

2m 983 gt A

u

2m 253 gt A

u

1m 102 gt A

u

100 m

200 m

S15-019

S15-019

S15-028

S15-028

100 m

200 m

S15-031

S15-031

100 m

200 m

S15-041

S15-041

100 m

200 m

300 m

S15-050

S15-050

100 m

200 m

300 m

S15-053

S15-053

S15-062

(Cont from

4850N)

600 m

S15-062(NSV)

S79-04S79-05

S79-05

S79-06

S79-06

S79-07

S79-08

S79-08

S80-23

S80-23

S80-28

S80-28

100 m

S89-35

S89-35

100 m

S92-91

S92-91

S1

5-0

69

(Co

nt fro

m 4

85

0N)

400

m

S1

5-0

69

(Looking North)

Spectrum Gold Project - Section 4890N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

500 Colour Zone

Central Zone(Porphyry and QC structures)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 38:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

41

11

00

E4

11

10

0 E

41

11

50

E4

11

15

0 E

41

12

00

E4

11

20

0 E

41

12

50

E4

11

25

0 E

41

13

00

E4

11

30

0 E

41

13

50

E4

11

35

0 E

41

14

00

E

41

14

50

E

41

15

00

E4

11

50

0 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

243

316

295

266697256

272359

879

925690

256

274

268

283

829

207

473

582

586

1860427

995

592

983

8090

288

240

405

1587

442

405

261

208

1020

12m 154 gt AuIncluding2m 243 gt Au4m 306 gt Au

21m

09 gt Au

135m 278 gt AuIncluding2m 697 gt Au

1m 879 gt Au

6m 555 gt Au

2m 256 gt Au

4m 271 gt Au

2m 283 gt Au

1m 829 gt Au

2m 473 gt Au

135m 582 gt Au

2m 586 gt Au

93m 395 gt AuIncluding13m 186 gt Au2m 427 gt Au

15m 995 gt Au1m 592 gt Au

23m 809 gt Au

9m 173 gt Au

122m 157 gt Au

85m 123 gt Au

47m 279 gt Au

19m 39 gt Au

144m 117 gt Au

2m 983 gt A

u

2m 253 gt A

u

1m 102 gt A

u

100 m

200 m

S15-019

S15-019

S15-028

S15-028

100 m

200 m

S15-031

S15-031

100 m

200 m

S15-041

S15-041

100 m

200 m

300 m

S15-050

S15-050

100 m

200 m

300 m

S15-053

S15-053

S15-062

(Cont from

4850N)

600 m

S15-062(NSV)

S79-04S79-05

S79-05

S79-06

S79-06

S79-07

S79-08

S79-08

S80-23

S80-23

S80-28

S80-28

100 m

S89-35

S89-35

100 m

S92-91

S92-91

S1

5-0

69

(Co

nt fro

m 4

85

0N)

400

m

S1

5-0

69

(Looking North)

Spectrum Gold Project - Section 4890N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

500 Colour Zone

Central Zone(Porphyry and QC structures)

TSXV SKE

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 39:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

500 Colour Zone

Central Zone(Porphyry and QC structures)

S15-031

S15-031

100 m

S15-033

S15-033

(NSV)

100 m

S15-034

S15-034(NSV)

100 m

200 m

S15-036

S15-036

100 m

200 m

300 m

S15-044

S15-044

100 m

200 m

S15-046

S15-046

100 m

200 m

300 m

400 m

S15-060

S15-060

100 m

S79-08

S79-08

S79-09

S79-09

S79-10

S79-1

0

100 m

S80-20

S80-2

0

S90-45

100 m

S90-45

100 m

S91-83

S91-83

100 m

S92-90

S92-90

46m

18 gt Au

6m 831 gt Au

49m 173 gt Au

88m 218 gt Au

12m 511 gt Au

2m 662 gt A

u

2m

327 gt Au

4m

306 gt A

u

2m

419 gt A

u

4m 1697 gt AuIncluding2m 298 gt Au

6m 327 gt AuIncluding

18m 613 gt AuIncluding

2m 21 gt A

u

2m 589 gt Au

1m 11 gt Au1m 30 gt Au17m 306 gt Au

(Looking North)

Spectrum Gold Project - Section 4930N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

662

2980

589

110030003060

3111

1393

511

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 40:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

S15-022

S15-022

100 m

200 m

S15-023

S15-023

100 m

200 m

S15-024

S15-024

100 m

S15-032100 m

S80-13

S80-13

100 m

S80-14

S80-14

100 m

S80-21

S80-2

1

S90-45

S90-45

100 m

S91-84

S91-84

S15-032

(Cont on 5010N

)

2m 786 gt Au

2m 135 gt Au

149m 897 gt AuIncluding29m 3851 gt AuAlso Including138m 427 gt Au

259m 077 gt AuIncluding2m 458 gt Au2m 243 gt Au

36m 561 gt AuIncluding16m 917 gt Au

2m 211 gt Au

2m 293 gt Au

4m 359 gt Au

091m 641 gt Au

2m 314 gt Au

964m 681 gt AuIncluding17m 141 gt Au

383m 134 gt Au

45m 05 gt Au

7m 548 gt Au

54m 516 gt Au

(Looking North)

Spectrum Gold Project - Section 4975N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

786

13503

4704270

917

641

5101410753

692

5423

2150

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 41:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-007

14-SP-007

100 m

14-SP-008

14-SP-008

100 m

200 m

S15-030

S15-030

S15-032

(Cont from

4975N)

200 m

S15-032

(NS

V)

100 m

S15-038

S15-038

100 m

S15-039

S15-039

100 m

S80-11

S80-1

1

100 m

S80-12

S80-12

S90-60

S90-6

0

100 m

S91-73

S91-73

950

760

850

842

587

626

830

686

850

1020

829

803

772

859

5118

2m 231 gt Au

2m 14 gt Au

2m 104 gt Au

4m 149 gt Au

2m 149 gt Au

2m 322 gt Au

4m 526 gt AuIncluding

4m 144 gt Au

2m 165 gt Au

3m 382 gt AuIncluding

2m 118 gt Au

2m 124 gt Au

4m 14 gt Au

4m 232 gt AuIncluding

2m 153 gt Au

2m 222 gt Au

17m 341 gt AuIncluding

1m 587 gt Au

2m

213 gt Au

2m 334 gt Au

10m 184 gt Au

44m 14 gt AuIncluding

99m 074 gt Au

115m 245 gt Au

259m 119 gt Au

257m 141 gt Au

6m 279 gt Au

19m 219 gt AuIncluding

144m 128 gt Au

344m 127 gt Au

2m 95 gt Au1m 76 gt Au

2m 33 gt Au

9m 458 gt Au2m 842 gt Au4m 305 gt AuAlso Including2m 85 gt Au

2m 205 gt Au2m 203 gt Au2m 626 gt Au2m 384 gt Au2m 346 gt Au2m 292 gt Au

11m 309 gt Au

(Looking North)

Spectrum Gold Project - Section 5010N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 42:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

Central Zone(Porphyry and QC structures)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1600 m 1600 m

1700 m 1700 m

200 m

300 m

S15-018

S15-018

100 m

S15-025

S15-025

100 m

200 m

S15-040

S15-040

S80-15

S80-15

S90-56

S90-56

100 m

200 m

S91-82

S91-82

100 m

1110

613

1320

1720

531

704582

530

1091

1470

666

604

5950

7352

2303

1259

23m 111 gt Au

20m 613 gt Au

60m 544 gt AuIncluding20m 132 gt Au

20m 237 gt Au

20m 314 gt Au

8m 414 gt AuIncluding115m 172 gt Au

230m 143 gt AuIncluding20m 276 gt Au20m 531 gt Au

14m 19 gt AuIncluding10m 704 gt Au11m 582 gt Au20m 365gt Au

21m 446 gt Au

65m 136 gt AuIncluding07m 53 gt Au and15m 26 gt Au

15m 1091 gt Au

152m 108 gt Au

155m 372 gt Au

90m 793 gt Au

50m 11 gt Au

33m 652 gt Au

45m 627 gt Au

(Looking North)

Spectrum Gold Project - Section 5035N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 43:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

Central Zone(Porphyry and QC Structure)

411100 E

411100 E

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

100 m

200 m

14-SP-004

14-SP-004

100 m

200 m

14-SP-005

14-SP-005

14-SP-006

14-SP-006

100 m

S15-017

S15-017

100 m

200 m

S15-020

S15-020

100 m

S91-69

S91-69

100 m

200 m

S91-70

S91-7

0

67766002040

9208002270

1860

732

688

979

39402670

8411430

3553

537

860

949

920

1500

270m 1063 gt AuIncluding20m 66 gt Au20m 204 gt Au20m 92 gt Au10m 80 gt Au20m 227 gt Au

20m 451 gt Au

79m 286 gt Au

20m 186 gt Au

60m 248 gt Au

20m 732 gt Au

20m 688 gt Au

085m 979 gt Au

8m 1046 gt AuIncluding23m 3333 gt Au

36m 1168 gt Au

275m 279 gt Au

20m 251 gt Au

125m 425 gt Au

208m 111 gt Au

20m 279 gt AuIncluding10m 518 gt Au

225m 058 gt Au

47m 31 gt Au

110m 089 gt Au

(Looking North)

Spectrum Gold Project - Section 5095N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

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)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 44:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

411150 E

411150 E

411200 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411500 E

411550 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m(Looking North)

Spectrum Gold Project - Section 5150N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-026

S15-026

100 m

200 m

300 m

S15-047

S15-047

S90-57

S90-57

100 m

S91-63

S91-63

200 m

S91-65

S91-81

S91-81

100 m

S91-85

S91-85

100 m

S91-86

S91-86

S91-65

2m

477 gt Au

2m

224 gt Au4

m

312 gt Au

8m 567 gt AuIncluding2m 89 gt Au2m 101 gt Au

2m 233 gt A

u

14m 154 gt A

u

235m

743 gt Au

99m 314 gt Au

144m 205 gt Au

32m 275 gt Au

6m 046 gt Au

30m 231 gt Au

63m 052 gt Au

9m 22 gt Au

22m 485 gt AuIncluding14m 686 gt Au

18m 111 gt Au

8901010

1540

818

527

678

544

542

1367

25606

518

1094

718

526

775

2340

1403

594

676

50435069744

53285044692212743789654

4144853

Central Zone(Porphyry and QC Structure)

TSXV SKE

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 45:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

Boundary Zone

O P E N

411550 E

411550 E

411600 E

411600 E

411650 E

411650 E

411700 E

411700 E

411750 E

411750 E

411800 E

411800 E

411850 E

411900 E

411950 E

1000 m 1000 m

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m

1050

2m 332 gt A

u

114m 105 gt A

u

100 m

200 m

S15-065

S15-065

(Looking North)

Spectrum Gold Project - Section 5220N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 46:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

(Looking North)

Spectrum Gold Project - Section 5235N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

100 m

200 m

S15-029

S15-029

100 m

200 m

S15-035

S15-035

S80-22

100 m

S80-22

S90-52

S90-52

100 m

S90-58

S90-58

S90-61

S90-61

100 m

S91-74

S91-74

735

670

648

9464

980

527

679

1740

1318

1068

16m 411 gt Au

2m 735 gt Au

2m

255 gt Au

11m 648 gt Au

56m 071 gt Au

92m

1751 gt Au

231m

233 gt A

u25m 307 gt Au

9m 128 gt Au

154m 078 gt Au

2m 278 gt Au

15m 67 gt Au

TSXV SKE

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 47:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

411100 E

411150 E

411200 E

411250 E

411250 E

411300 E

411300 E

411350 E

411350 E

411400 E

411400 E

411450 E

411450 E

411500 E

411500 E

1100 m 1100 m

1200 m 1200 m

1300 m 1300 m

1400 m 1400 m

1500 m 1500 m

1600 m 1600 m

1700 m 1700 m

Central Zone(Porphyry and QC structures)

Road Zone

O P E N

(Looking North)

Spectrum Gold Project - Section 5285N

50 meters

Historical assays presented here have not been verifiedand should not be relied upon

Information presented here has been approved by Michael Cathro MSc PGeoa Qualified Person under National Instrument 43-101 and SkeenasVice President of Operations

05 - 10

gt 50

20 - 50

Core Samples - Au (gt)

lt 05

10 - 20

Individual samples gt 50 gt Auhave values labeled

Volcanics

Overburden

Monzonite (Upper)

Rock Types

Sediments

Feldspar Porphyry

Monzonite (Lower)

100 m

200 m

S15-037

S15-037

100 m

S91-78

S91-78

100 m

S91-79

S91-79

4m 315 gt Au

1m 693 gt Au

16m 102 gt Au

2m 224 gt Au

693

745

TSXV SKE

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 48:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

)

)

)

)

)

)

)

)

Open

Open

Open

Open

Open

Limit of Soil Sampling

Lim

i t o

f S

oil

Sam

pli

ng

Limit of Soil Sampling

Lim

it o

f S

oil

Sa

mp

lin

g

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional SoilResults Pending Additional Soil

Results Pending

Limit of Soil S

ampling

FOG

Tovia

Orange

33 Zone

4440 Zone

Road Zone

HC Target

JO Target

Hawk Vein

Cu-MoShowing

West Gossan

300 Colour Zone

500 Colour Zone

East Gully

Boundary ZoneSouth

Boundary ZoneNorth

Skarn Zone

Central Zone

East Creek

Spectrum Property

2015 Targets

TSX-VSKE

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Legend

Drill Hole

Exploration Trail

Au Zone (Surface)

Soil Anomaly

gt 500 ppb Au

gt 100 ppb Au

Au Showing or Target)

Anomalous Rock Group

) ) ) )

))))

) )

)

) ) ) ) ) )

)

)))))

)

) )

)

))

) ) ) ))

)

) ) )

))

) ) )

)

)

)

)

)

) ) ) ) ) )

)

) ) )

))

) )

)

) )

)

)

)

)

)

)

)

))

)

)

)

)

)

)

)

)

)

)

)

)

)

)

)

))

)

)

)

)

)

))

)

) )) ) ))) )))

)))))

))))))

))

)

) )

)

)

)

)

Open

Open

Open

Open

Open

Open

Open

Open

Limit of Sampling

Lim

it o

f S

am

plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

Op

en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 49:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

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f S

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plin

g

Limit of Sampling

Lim

it o

f S

am

pli

ng

Open

Open

Op

en

Open

Open

Open

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en

Open

Op

en

Additional ResultsPending

Spectrum Property

Gold in Soils

500

Meters

plusmn

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

300Colour

500Colour

RoadZone

BoundaryZone

4440Zone

CentralZone

SkarnZone

Soil Anomaly

) Soil Sample gt 1gt Au

gt 500 ppb Au

gt 100 ppb Au

Legend

Au Zone (Surface)

Drill Hole

Exploration Trail

300 ColourTarget Anomaly A

Target

24 prospecting rocks average 54 gt Au maximum 173 gt Au

A6

TSX-VSKE

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 50:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

Stuhini VolcanicsStuhini Volcanics

Road Zone

Boundary South

4440 Zone

O P E N

O P E N

O P E N

O P E NO P E N

HC Target

Boundary North

Centr

al Zo

ne(75

m We

st)

S90-5137m 127 gt Au30m 101 gt Au

S91-8115m 188 gt Au

S91-8015m 204 gt Au

S15-06520m 332 gt Au114m 105 gt Au

413

124

5

24

81

96

75

423

213

174

525

164

167

65 171 1

53 167 1

107 1

132 05

10 02

129 5

118 1

62 01

94 015

87 015

173 01

128 02

185 02

137 04

128 15

S80-22

S91-83

S91-72

S91-73

S91-74S91-75

S91-76S91-77

S91-78

S91-79

S91-80

S91-82

S91-84

S91-85S91-86

S91-81

S90-51

S90-55

S15-047

S15-050

S15-051

S15-053

S15-056

S15-046

S15-022S15-023S15-024

S15-025

S15-026

S15-027

S15-029

S15-030

S15-018

S15-035

S15-036

S15-037

S15-038

S15-040

S15-041

S15-032

S15-020

S15-015

S15-017

14-SP-00214-SP-003

14-SP-00414-SP-00514-SP-006

14-SP-00714-SP-008

14-SP-001

S15-065

40 15

566272467543122289

1515456358

85 19 99 21

3934103157

13

48

8862

71

41

28

354 226 507 143 307 378 331

112353371636

210151111129306221486

661 236 294 574 135 135 429 196

169315

116 330 358 331 191180 222

414

296857649

181333436164399460

438

397684

268228303185206

574193

206

542

158 470 242 882 124 138

206

519491226

2730

5640

1420107

0144

0

1070

6460

2530291

09730

1400

1500

1300

70

6426

462

510

274

1110

1360

1310

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold Boundary and Road Zone Targets

Projection - NAD 1983 UTM Zone N09Nominal Scale - 1 1300

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure
Page 51:  · Cautionary Statement on Forward Looking Statements Certain information in this presentation is forward-looking within the meaning of certain securities laws, and is subject to

300 Colour

O P E N

O P E N

West Gossan

Cent

ral Zo

ne(30

0m Ea

st)

S90-4421m 559 gt Au035m 2945

S90-4315m 227 gt Au

S89-37No Significant Intercepts

S15-06620m 464 gt Au

S15-068520m 115 gt Au20m 231 gt Au

22

53

30430

57

198

52 1

72 1524 1118 1

372 025

S89-37

S90-44

S90-61

S90-43

S15-066

S15-068

64

70

53 46

783261

16

75 71 40 34 32 52

75

6246

7052

258 562 251 145 484 933 292 371

286234135579172341205

287 168 282 342 318 408 138

133127323261114368

302 127 172 916 116 174 133 142

118 181

163274532

200

836 343 550 183 140

387132250

126196 543 151 605

208259142165126626288

1220

2520

3200

2650

1350 122

0

1950

8830

1180

1410

2880 151

0

1600

1500

1700

1600

166

297

331

sup320

Meters

Information presented here has been approved byMichael Cathro MSc PGeo a Qualified Personunder National Instrument 43-101 and SkeenasVice President of Operations

Spectrum Gold 300 Colour and West Gossan TargetsProjection - NAD 1983 UTM Zone N09Nominal Scale - 1 1200

Date - 2011911 5Drawn By - CG

TSX-V SKE

LegendDDH Collar - 2015

Rock Samples - Au (gt)

J

J Historic Trench

2015Historic

Exploration Trail

DDH Collar and Trace(

10 - 50

lt 100 Assays Pending

Adit

Historic rock locations accurate between10 and 50 meters

126 12 Chip Sample(gt Au Meters)

Mag Lineanment

gt 50XW00

XWXW

Float

Soil SampleAu (ppb)

2015 - Assays Pending

2014 2015

)

gt 500 ppb Au

gt 100 ppb Au

Contoured Soils

lt 10000

1001 - 2000

2001 - 5000

gt 500

)

)

)

)

(2015 and historic combined)

  • Slide Number 1
  • Cautionary Statement on Forward Looking Statements
  • Slide Number 3
  • Synergy Spectrum and GJ Projects
  • Slide Number 6
  • GJ Copper-Gold Project
  • Donnelly Deposits - Updated 43-101 Resource
  • Spectrum Gold
  • Geology and Mineralized Zones
  • Summary of Mineralized Zones
  • Spectrum Free Gold in Drill Core
  • Metallurgy ndash Gravity and Cyanide
  • Metallurgy ndash Flotation Studies
  • Management and Share Structure
  • The Expertise
  • Past Successes
  • Contact Information
  • Appendix
  • Skeena Appendix Jan 2016 - New Logopdf
    • Nov 2015 Appendix
      • Binder1pdf
        • Spectrum 2015 Drill Hole Assay Intervals
          • Appendix November 2015pdf
            • Skeena Presentation With Appendix Oct8 2015pdf
              • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                • Skeena-SpectrumProject Oct 6 2015 with appendixpdf
                  • Binder2pdf
                    • SKE Presentaion with appendix Oct 2015pdf
                      • SKE Presentaion with appendix Oct 2015pdf
                        • Skeena Pres with Appendix October 2015pdf
                          • SM_SoilWebPlan_11x17_20150907pdf
                              • New Slidepdf
                                • Location Access and Infrastructure