CTGX Mining, Inc. (CHCX)

[MarketCap]

Initial exploratory work was conducted and six holes were drilled at the margins of the lake with 238 sediment samples collected. Nearly ½ ton of soil samples from around the lake bed and down to a depth of 30 meters were taken for analysis. An initial geological study and report was completed in June 2011, and a second independent study and report was completed in September 2012 which not only confirmed the estimates of the first report, but indicated that there were also substantial amounts of rare earth elements which were available for commercial purposes as well.