43-101 for Johnson released on SEDARINTERPRETATIONS & CONCLUSIONS The Johnson Tract Project is an exploration stage project with a history of significant exploration work, most notably by Anaconda (1981 - 1985) and Westmin Resources (1993 -1997) followed by over twenty years of little to no work. Geological mapping and over 27,000 meters of drilling have generated a well- 7 developed geologic understanding of the Project area, including definition of a high-grade gold-silverzinc-copper-lead mineralized zone referred to as the Johnson Tract Deposit. Numerous other mineral prospects occur along trend from the deposit over a 12 to 13 km strike length. Past work culminated in economic and engineering studies by Westmin that evaluated developing an underground mine at Johnson Tract and barging ore to their Premier Mine near Stewart, British Columbia for processing. These studies and the historical estimates upon which they are based were prepared prior to establishment of NI43-101 guidelines and reporting standards, have not been independently verified, and should not be relied upon as accurate or representative. In the Author’s opinion, the information provides important historical context for the Project, and therefore merits discussion in this report. The potential for discovery of additional mineralization at the Johnson Tract Project is considered very good. The most immediate opportunity is the Northeast Offset Target, interpreted as the fault displaced extension of the deposit. Limited historic drilling at this target has documented alteration and mineralization that shares the same characteristics of the main Johnson Tract deposit. Additional exploration drilling is clearly warranted. Multi-deposit, district-scale potential is supported by the presence of other mineral prospects, most notably the Difficult Creek prospect where similar tenor mineralization to the Johnson Tract deposit is documented. A total of 1,344 meters of drilling were completed at Difficult Creek by Anaconda outlining a large alteration system and up to 36.6 meters of 3.57 g/t gold, 1.8% zinc, 0.2% copper, 0.4% lead and 15.5 g/t silver in drillhole DC83-002. Additional drilling is recommended. Other prospects such as Easy Creek, Kona and South Valley show promising surface results and require further field work to establish drill targets. The Author has reviewed the Johnson Tract Project data, performed audits on the drillhole database, evaluated the Company’s QA/QC data and visited the Project site. The data provided by CIRI and the Company are generally of high-quality and believed to be representative of the Project. Additional checks on the database and completion of new drill holes is recommended prior to generating a resource estimate that meets the requirements of NI43-101. In the Authors opinion, there are no significant environmental or social impediments to exploration and development of the Project, nor any significant existing environmental liabilities. Alaska state and federal regulations for mining and mineral exploration are well established and include a well-defined permitting process. Exploration permits have been successfully obtained historically without issue, and more recently in 2018.