Lac Laura

The Laura Lake property is situated in Levy Township, at some 5 km east of the town of Chapais and at 30 km WSW of the Chibougamau mining Camp, Quebec. Distance from the project to Quebec City is 480 km and from Montreal is 747 km. The property is crossed by Highway 113 linking Senneterre to Cache Lake were this Highway connect to the Highway No 167, connecting Chibougamau to St-Felicien and the Lac St-Jean area, as well as Quebec City and Montreal. The property is also crossed by a branch of the CNR linking Chapais to Chibougamau and Lac St-Jean. At approximately 5 000 m from Chapais, a gravel road starts to the south and leads to the previous mining site. From there, tractor roads connect the previous drill sites and can be used by ATV or snowmobiles. Other parts of the property may be reached by trails and cut lines. The northern part of the property has been timbered in 2009. The wood exploitation was accompanied by the construction of several gravel roads which now give an excellent access to the this northern half.

Source: Technical Report On The Laura Lake Project (June 30, 2012) page : 11

The Chibougamau- Chapais area is characterized by a cold temperate continental climate with cold winters and generally warm and short summers. Temperatures in January range between -13° and -27° C with an average temperature of -20° C. July is the warmest month with temperature ranging from 9° C to 23° and an average temperature of 16° C. The annual average daily temperature in Chibougamau is slightly under the freezing point specifically -0.7°C. Snow accumulation and freeze-up of lakes begin in mid-November and snow remains on the ground until the beginning of May. The annual precipitation is around 905 mm with approximately one-third of the annual precipitation occurring as snow mostly between October and April.

Source: Technical Report On The Laura Lake Project (June 30, 2012) page : 12

Infrastructures for a mining project are excellent in that part of the Chibougamau mining camp. In 1988-89, the property was serviced by a 10 Kv power line which originated from Chapais and installed along the Highway. Several High tension power lines cross the northern part of the property (Figures No 2 and 4). The CNR railroad crosses the property south of the old ramp. This one was dug at some 300 m south of the Highway 113. Water is available for drilling from different tubages left in place, from Laura Lake or from the ruisseau à la Loutre (Otter river). Volume is sufficient for a mining operation.

Source: Technical Report On The Laura Lake Project (June 30, 2012) page : 11