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Monday, February 17, 2014 7:42:04 PM
SUMMARY OF PREVIOUS DRILLING AT THE COMPANY’S “WHITE HILLS GOLD
EXPLORATION PROPERTY:
All of the eight drill holes encountered Gold Mineralization. Two holes at the company's "Great
West Gold Mine" on the "White Hills” Gold Exploration property encountered particularly
encouraging gold intervals: GW-08-1, 110 feet to 115 feet, .070 ounces of gold per ton and GW-
08-04, 105 feet to 110 feet, .041 ounces of gold per ton. Higher Grade Gold was encountered at
the eighth drill hole.
Based upon historical geological sampling and drilling, Assay Results and data supported by the
exploration work at the Company's "White Hills" Gold Property, Management is of the opinion
the new extensive drilling and exploration campaign will could possibly yield additional gold
mineralization than is detailed in this report and considers this investment to be justified.
The Company’s Management notes that the establishment of cut-off grade for mining at “White
Hills” will need to await preparation of a feasibility study which will now require several more
rounds of drilling.
Management is considering deploying vastly upgraded radar technology to pinpoint and locate
the depth and thickness of the veins which should be a better indicator of feasibility and will
enable better drilling efficiency and results.
MANAGEMENT STATEGY:
The Company’s Management believes that Drilling on its own is not a very reliable method of
pinpointing vein geology, as it can be hit or miss.
Bringing in Radar, can cover 10 000 hectares in under 14 days at a total cost of around $100 000,
this allows you to pinpoint veins down to a millimeter, thereby ensuring you get targeted drilling
results. Hence Management may not wish to endorse a conventional drilling grid as it could be
considered to be a waste of time and money. Fast results come when you can drill into ground
where the radar will tell you exactly where to drill and positive results are guaranteed.
Management has have developed a mining method that will enable us to pull out the veins at
minimal working costs and not put any staff underground.
EXHIBIT:
Certificates of Assay from Jacobs Assay Office.
HISTORICAL NOTES UNRELATED TO DRILLING CAMPAIGN:
The dumps of all four mines, plus the Williamson and Blue Copper Mines, all forming part of
the Company's "White Hills” Gold Exploration properties were previously sampled by Geologist
John McIntyre in 1998 to 2001. These samples were taken from the waste rock piles and
represented mineralization that the previous miners regarded as too low grade to send through
the mill, so they should not be viewed as representative of the remaining unmined deposit. These
dumps may in fact prove to be an as of yet unrecognized significant additional asset, due to more
modern refinery capabilities than were previously employed.
Jacobs Assay at that time, released the following results for McIntyre's sampling (values in
ounces per ton):
Section 22 Workings:
Sample # gold silver
38 .009 .75
39 .026 .30
40 .008 .10
41 .003 .15
42 .002 .25
Section 27:
43 .003 .35
44 .271 .65
45 .067 .40
46 .002 .10
Pocahontas Mine:
47 .003 .30
48 .001 .05
49 .025 .05
50 .003 .05
Dandy Mine:
51 .003 .10
52 .004 .10
53 .063 .25
54 2.024 1.10
55 .005 .05
56 .022 .20
Williamson Mine:
1 .026 .35
2 .049 .25
3 .050 .40
4 .005 < .05
5 < .001 < .05
Blue Copper Mine:
.024 < .05
Of these 26 samples, all but one had detectable gold, and all but 3 had detectable silver. Finally,
two of the samples had a gold content over .1 ounce per ton (one sample at the Dandy mine was
over 2 ounces per ton).
DECEMBER 16, 2013
NICOLAAS EDWARD “TED” BLOM
GNCC CAPITAL, INC.
PRESIDENT & CHIEF EXECUTIVE OFFICER
EXPLORATION PROPERTY:
All of the eight drill holes encountered Gold Mineralization. Two holes at the company's "Great
West Gold Mine" on the "White Hills” Gold Exploration property encountered particularly
encouraging gold intervals: GW-08-1, 110 feet to 115 feet, .070 ounces of gold per ton and GW-
08-04, 105 feet to 110 feet, .041 ounces of gold per ton. Higher Grade Gold was encountered at
the eighth drill hole.
Based upon historical geological sampling and drilling, Assay Results and data supported by the
exploration work at the Company's "White Hills" Gold Property, Management is of the opinion
the new extensive drilling and exploration campaign will could possibly yield additional gold
mineralization than is detailed in this report and considers this investment to be justified.
The Company’s Management notes that the establishment of cut-off grade for mining at “White
Hills” will need to await preparation of a feasibility study which will now require several more
rounds of drilling.
Management is considering deploying vastly upgraded radar technology to pinpoint and locate
the depth and thickness of the veins which should be a better indicator of feasibility and will
enable better drilling efficiency and results.
MANAGEMENT STATEGY:
The Company’s Management believes that Drilling on its own is not a very reliable method of
pinpointing vein geology, as it can be hit or miss.
Bringing in Radar, can cover 10 000 hectares in under 14 days at a total cost of around $100 000,
this allows you to pinpoint veins down to a millimeter, thereby ensuring you get targeted drilling
results. Hence Management may not wish to endorse a conventional drilling grid as it could be
considered to be a waste of time and money. Fast results come when you can drill into ground
where the radar will tell you exactly where to drill and positive results are guaranteed.
Management has have developed a mining method that will enable us to pull out the veins at
minimal working costs and not put any staff underground.
EXHIBIT:
Certificates of Assay from Jacobs Assay Office.
HISTORICAL NOTES UNRELATED TO DRILLING CAMPAIGN:
The dumps of all four mines, plus the Williamson and Blue Copper Mines, all forming part of
the Company's "White Hills” Gold Exploration properties were previously sampled by Geologist
John McIntyre in 1998 to 2001. These samples were taken from the waste rock piles and
represented mineralization that the previous miners regarded as too low grade to send through
the mill, so they should not be viewed as representative of the remaining unmined deposit. These
dumps may in fact prove to be an as of yet unrecognized significant additional asset, due to more
modern refinery capabilities than were previously employed.
Jacobs Assay at that time, released the following results for McIntyre's sampling (values in
ounces per ton):
Section 22 Workings:
Sample # gold silver
38 .009 .75
39 .026 .30
40 .008 .10
41 .003 .15
42 .002 .25
Section 27:
43 .003 .35
44 .271 .65
45 .067 .40
46 .002 .10
Pocahontas Mine:
47 .003 .30
48 .001 .05
49 .025 .05
50 .003 .05
Dandy Mine:
51 .003 .10
52 .004 .10
53 .063 .25
54 2.024 1.10
55 .005 .05
56 .022 .20
Williamson Mine:
1 .026 .35
2 .049 .25
3 .050 .40
4 .005 < .05
5 < .001 < .05
Blue Copper Mine:
.024 < .05
Of these 26 samples, all but one had detectable gold, and all but 3 had detectable silver. Finally,
two of the samples had a gold content over .1 ounce per ton (one sample at the Dandy mine was
over 2 ounces per ton).
DECEMBER 16, 2013
NICOLAAS EDWARD “TED” BLOM
GNCC CAPITAL, INC.
PRESIDENT & CHIEF EXECUTIVE OFFICER
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