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HUICICILA PROJECT - MEXICO
DESCRIPTION
Focus Gold’s Huicicila Porphyry Gold – Copper Project is located in the
state of Nayarit, Mexico. The Huicicila Project comprises exploration
concessions totaling about 1,500 hectares of prospective geologic terrain.
The Cila concession block hosts porphyry-style gold and copper
mineralization in a diorite intrusion and related diatreme breccia. The Cila
block also hosts high-grade gold and silver veins with historical production
dating from the 16th Century. The Focus concession block exhibits widespread
phyllic and propylitic alteration as well as lead-zinc veins, commonly found
on the periphery of or above porphyry copper – gold systems. Both the Cila
and Focus blocks are prospective for hosting porphyry-style (large tonnage)
gold – copper deposits. The Focus block is adjacent to Cream Minerals’ Nuevo
Milenio property, reported to contain over 50 million ounces of silver.

Focus Gold’s work so far on the Huicicila has comprised geological mapping,
geochemical sampling and preliminary geophysical surveys. To date, over 10
square kilometres of hydrothermal alteration have been mapped, confirming
the presence of porphyry – style mineralization, including stockwork
mineralization. Ongoing work is continuing to recognize zones of anomalous
gold and copper geochemistry associated with porphyry – style hydrothermal
alteration. This work is expected to lead to the definition of several drill
targets, to be tested during an initial drilling program that will begin
before year-end.
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REPORT ON THE ASSETS OF FOCUS GOLD CORP. HUICICILA PROJECT, MEXICO
report: http://www.goldbagcorp.com/_docs/43-101%20Report-Mexico.pdf
<http://www.goldbagcorp.com/_gui/43101.png%5B/img%5D>;
43-101 REPORT

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FORE BURN, SCOTLAND (GOLD-COPPER)
In Scotland, we have compiled all historical data and identified and field
checked sites for an initial 6 - 8 hole drill program to test high grade
gold / copper intersections identified by RTZ's previous work in the eastern
half of the target area and to test new targets in western half of target
area. Target generation work has shown that the Fore Burn target itself is
likely part of a larger favorable province of gold mineralization within our
license area. This has expanded the area considered prospective
several-fold. We intend to start a drilling and regional follow-up program
shortly after closing.

SPERRINS, N. IRELAND (GOLD)
In Northern Ireland, we have compiled existing geochemical data and
determined that we have dozens of anomalous gold occurrences within our
license area in geology similar to nearby Dalradian Resources who trade on
the TSX (Indicated 400,000 ozs. Au @ 13.24 gpt plus Inferred 1,160,000 ozs.
Au @ 14.64 gpt). We will commence a work program focused on drill target
generation following up on these anomalies right after closing.

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CLOGHER VALLEY, IRELAND AND N. IRELAND (BASE METALS)
At Clogher Valley on the Northern Ireland, Ireland border, several areas
have been identified where geology is prospective for world class Irish type
zinc-lead massive sulphide deposits. Data compilation has revealed several
areas of anomalous zinc and lead occurrences in soil. We are optimistic that
follow up of these anomalies together with further detailed definition of
zones of prospective geology will lead to drill targets.

METALLUM - UNITED KINGDOM AND IRELAND
CSA GLOBAL REPORT
http://www.goldbagcorp.com/_docs/CelticCSA.pdf
<http://www.goldbagcorp.com/_gui/Celtic-csa.png%5B/img%5D>;

METALLUM - UNITED KINGDOM AND IRELAND
PRESENTATION
http://www.goldbagcorp.com/_docs/MetallumPresentation.pdf
<http://www.goldbagcorp.com/_gui/CelticPresentation.png%5B/img%5D>;

TIMMINS PROJECT - CANADA
WATABEAG
The property is a total of 131 hectares and is located approximately 60km
east of Timmins, Ontario. Exploration on the property began in 1973 with
additional drilling in the 80's. Two 1973 overburden drill holes on the
Watabeag property gave 23,330 and 10,470ppb gold in panned concentrates of
basal till samples overlying granodiorite. Four overburden holes were
drilled in 1980 to follow up these highly anomalous gold values. Two of the
holes produced very high gold results with visibly irregular gold grains
suggesting a local source. An additional 11 overburden holes were completed
in 1981 to define two anomalies with well defined head and tail features.
The initial drill hole intersected mixed dacite and feldspar with a
brecciated and altered zone assaying 8.9g/t Au across a 0.9m interval.


TIMMINS PROJECT - CANADA
RUSSELL CREEK
The property is a total of 128 hectares and is located approximately 70
kilometers east of Timmins. Minor exploration for gold commenced in 1980
when Asarco (Cook Joint Venture) completed ground magnetic and EM surveys in
the area of two weak airborne EM conductors. The surveys defined a north
west trending fault structure along Russell Creek.

Gold Bag is a mining exploration stage exploration company.