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jotuk6771

10/25/15 5:39 AM

#65601 RE: Be wary #65596

A Phase 1 program of reverse circulation (RC) drilling was initiated in July 2012 to test the down dip and strike extension of mineralization known to be present in the Fencemaker Mine.

This program consisted of a total of 2350 feet (716 ) from thirteen (13) holes collared in the
hangingwall of the structure. It is the author’s opinion that a significant amount of antimony mineralization exists at the Fencemaker Mine. Highest value recorded was 18.65% Sb from
drillhole FM-02 at the 35 to 40 foot
(10.7 to 12.2 m) interval below surface. High-grade mineralization exists to a depth of a minimum of 110 feet (33.5 m) below surface. A cut-off grade
of 0.40% Sb was selected for an NI43-101 and SEC compliant Inferred Mineral Resource. That Inferred Mineral Resource is from five individual blocks totaling 34,125 short tons with an average
grade of 2.92% Sb. Within this estimated total resource higher grade blocks, up to 10,500 tons of 4.17% Sb are present. This mineralization is of the structurally controlled type associated with replacement of calcareous host rock along a series of faults in close proximity to each other.
Abrupt changes in mineralization widths in some areas suggest
that post-mineralization faulting is present below the current mine workings.
Analysis for gold in the drill samples shows a zone of
anomalous (up to 294ppb Au; 0.294 g/t Au).

It is recommended that a Phase 2 program should initiated to provide information on strike and depth extent of the mineralization. It would consist of an estimated 5000 feet (1500 m) of reverse
circulation drilling. Some surface mapping should be included to trace the mineralized structure on surface and to test for Carlin-type gold mineralization. Estimated cost of this work is
USD$223,500
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jotuk6771

10/25/15 5:45 AM

#65602 RE: Be wary #65596

For the purpose of this Technical Report the author, Dr.
Duncan J. Bain, Ph.D. (Geology), P.Geo. is an independent Qualified Person in accordance with
Canadian securities commissions’ National Instrument 43-101
and as defined in the CIM Standards on Mineral Resources and Reserves.

This report is to be submitted to regulatory bodies as required and is to be used by the Company to raise funds for exploration and to bring the project to production. Both public domain and
confidential information have been used in the compilation of this report. Public domain sources of information include regional geological maps and topographic maps prepared by the US Geological
Survey, the Nevada Bureau of Mines and Geology, internal company reports by Stockpile LLC, and publications from scientific journals, all reported in relevant sections of this report and
compiled in the references section.
These reports documented work done on and around the Fencemaker property prior to the property
visit by Dr. Bain. Most of this material was supplied as electronic documents by representatives of
Stockpile. A brief report summarizing the geology and mineral potential of the project was written by Kim S. Craig, a Nevada exploration geologist. Most of the historical information was written be
fore the implementation of the Canadian Standards of National Instrument 43-101 in 2005.
Mr. Craig does not have a P.Geo. designation but is a member in good standing with the Geological
Society of Nevada and is familiar with the region from his many years of work in Nevada.
Dr. Bain acted as Supervisor to Mr. Craig during this Phase 1 exploration program. He acts as Qualified Person (QP) for the project for both Stockpile and Group8 and takes responsibility for
Mr. Craig’s work, which is considered, in Dr. Bain’s opinion, to be accurate. Dr. Bain visited the property on March 12, 2012. This visit familiarized Dr. Bain with topography, climate,
infrastructure, historical mining and exploration activities and available work force. Bain was not
on the site during the Phase 1 drilling program but was in daily contact with representatives of both
Stockpile and Group8. Prior to March 2012 Dr. Bain has not worked on antimony projects but is
familiar with mesothermal and epithermal vein-hosted base and precious metals showings, and replacement-type deposits in the southwestern US and northwestern Mexico. These previous
studies plus the Fencemaker site visit allowed the confirmation of current ownership status, area of concessions, exploration activity, availability of mining equipment and the presence of an ISO
certified assay laboratory in the region (at Reno, Nevada).
3.0 RELIANCE ON OTHER EXPERTS
The author has not relied, without verification by the author, on a report or a statement of an expert
who is not a Qualified Person as laid out in accordance with National Instrument 43-101. Dr. Bain
has also reviewed the Lease Agreement between Silver Bell and Stockpile LLC that covers the
concessions of the Fencemaker Project. However, the reader is reminded that Dr. Bain is not trained in the legal profession and cannot provide a legal opinion of the Lease Agreement or an similar
documents.