Vancouver Island, British Columbia NTS 092F/14 BCGS 092F074 & 092F075 Latitude 490 45’ 23” Longitude 1250 15’ 22” UTM NAD83 Zone 10N 337500E 5514000N For North Bay Resources Inc. PO Box 162 Skippack, PA, USA 19474 By Jacques Houle P.Eng. 6552 Peregrine Road Nanaimo, B.C. V9V 1P8 August 26, 2019 ===========================================================
Table 3 – MWC Tailings Mineral Resource Estimate Adjacent Properties There are three areas with mineral properties including a past producer, a developed prospect and a showing immediately adjacent to and surrounded by the Mount Washington Property. Refer to Figures 1a and 2a for both regional and local significant mineral properties and other occurrences. In the Wolf Lake Area of the Mount Washington Property, a one cell mineral claim 1055091 held 50% each by B.W. Scott and S.J. Scott covers Lupus 1 MINFILE 092F308, described both in the History Section and the Geological Setting and Mineralization Section of this report. The claim is surrounded on 4 sides by the Mount Washington Property, as shown if Figure 2a. Immediately south of the Property, a one cell mineral claim 1046601 is held by A.M. Clarke, and may partially cover the Good Hope MINFILE 092F183, also described both in the History Section and the Geological Setting and Mineralization Section of this report. In the Murex Area immediately south of the Mount Washington Property, a 3-cell mineral claim 1060517 is held by A.M. Clarke and covers the headwaters of Murex Creek, but no known mineral occurrences. Block ID Category Mass Mass Gold Silver Arsenic Copper Moly Tellurium Calcium Iron Sulphur Name CIM tonnes percent p.p.m. p.p.m. p.p.m. p.p.m. p.p.m. p.p.m. percent percent percent 03 Indicated 20300 6.2% 0.192 6.13 1100 1147 11.31 9.21 1.01 4.31 1.27 05 Indicated 12556 3.9% 0.131 5.36 1181 995 8.39 9.63 1.17 4.53 1.25 12 Indicated 6075 1.9% 0.259 9.25 1298 1604 15.72 9.24 0.74 3.89 1.10 13 Indicated 16313 5.0% 0.146 6.84 1139 1411 11.77 10.16 1.13 4.81 1.54 14 Indicated 21875 6.7% 0.077 7.51 670 724 9.84 6.13 1.35 3.87 0.98 15 Indicated 14850 4.6% 0.088 5.30 822 757 8.83 7.33 1.49 4.32 1.15 16A Indicated 3038 0.9% 0.110 4.54 714 914 8.39 4.76 1.08 3.68 0.71 16 Indicated 3938 1.2% 0.072 5.26 697 1054 8.50 4.57 1.07 3.69 0.68 23 Indicated 17550 5.4% 0.165 7.51 1125 1513 12.14 17.10 1.09 4.67 1.50 25 Indicated 30881 9.5% 0.082 3.81 729 614 10.28 6.55 1.26 3.94 0.71 34 Indicated 27638 8.5% 0.081 3.96 641 694 9.60 6.21 1.48 3.76 0.84 35 Indicated 32250 9.9% 0.123 5.42 857 957 7.60 6.16 1.42 4.30 0.76 37 Indicated 6900 2.1% 0.106 5.44 709 1441 11.10 7.65 1.05 4.18 0.98 44 Indicated 13438 4.1% 0.145 7.34 865 1183 9.38 13.44 1.35 4.21 1.14 47 Indicated 14025 4.3% 0.101 4.70 607 845 9.67 6.03 1.14 3.78 0.74 Totals Indicated 241625 74.3% 28818 1372675 208031653 235804693 2407110 1995563 303280 1005737 244948 Averages Indicated 16108 5.0% 0.119 5.68 861 976 9.96 8.26 1.26 4.16 1.01 50 Inferred 83775 25.7% 0.119 5.68 861 976 9.96 8.26 1.26 4.16 1.01 Total DamHistorical 325400 100.0%
In the Domineer Area of the Mount Washington Property, 7 cell mineral claims covering a combined total of 33 cells are held by two individuals as follows: • Claim 1055240 – 1 cell held 100% by A.M. Clarke • Claim 1055277 – 1 cell held 100% by A.M. Clarke • Claim 1060165 – 1 cell held 100% by D.A. Zamida • Claim 1060517 – 3 cells held 100% by A.M. Clarke • Claim 1063802 – 16 cells held 100% by D.A. Zamida • Claim 1063803 – 10 cells held 100% by D.A. Zamida • Claim 1068453 – 1 cell held 100% by D.A. Zamida These 7 claims are bisected by the Mount Washington Property, as shown in Figure 2a. Cell claim 1063802 held by Mr. Zamida covers approximately the northern half of the LakeviewDomineer Resource Area, described both in the History Section and the Geology and Mineralization Section of this report, as well as the Washington and Glacier Breccias and the Float Area occurrence. Cell claim 1062156 held by North Bay Resources Inc. covers approximately the southern half of the Lakeview-Domineer Resource Area, as well as the Domineer Veins 1-4, subject to the limitations of the underlying 4 Domineer crown granted mineral claims (Domineer No. 1, 3, 4 and 6 Mining Claims) which include gold and silver mineral right only held 100% by Clibetre Explorations Ltd. Cell claims 1063802 and 1060165 held by Mr. Zamida covers the former Mt. Washington Copper Mine Open Pits. Not quite adjacent to the Property is the Forbidden Plateau area of Strathcona Provincial Park which begins 1 km. southwest of the Mount Washington Property, and is the site of several significant MINFILE prospects and showings discovered prior to and actively being explored up until the time of exclusion of the area from mineral exploration and mining by the B.C. government in 1990. Locations and selected highlights of these occurrences are as follows: • The Gem Lake (MINFILE 092F239) prospect is located 5 km. southwest of the Mount Washington Property, and was explored extensively by Falconbridge Ltd. in the 1960’s1980’s primarily for gold and silver, as the base metals were held by the crown. Five types of mineralization were discovered, including tectonic breccia bodies occurring along steeply-dipping, east trending fault structures, associated with Eocene quartz diorite intrusive stocks and dikes. Drilling in 1961 on the main showing yielded 18 metres @ 1% copper, and in 1963 another hole intersected 0.02% molybdenum over an