Some old maps (info for further down the road)

http://www.ccnmatthews.com/docs/cmm0925.pdf


1) Exploration properties immediately outside of the Lamaque Complex

On map 6, you will notice a bunch of gold showings within very close proximity to one another. As I`ve mentioned in the past, based on historical drill results, similar geology to Sigma-Lamaque property and the fact that it flows parallel to the Larder Lake-Cadillac break, I`m of the belief that we have a decent chance of finding a new Lamaque Complex or a mini Lamaque Complex or some strong individual ore bodies at the very least.


2) Colina Dorado (located in northern Peru)

I thought we had completely gotten rid of this property. Apparently, we kept 1,000 hectares (which is still a decent size property position). From the Q2`10 financials (note 5):

``In February 2006, the Company acquired the Colina Dorada properties in Peru which consisted of 7 properties (50 claims) covering an area of 6,600 hectares. These properties are held by a former employee of Century Peru in trust for the benefit of the Company. After a geologic assessment of this property in early 2008 it was determined that the properties had little economic value and the payments to hold most of the land position were not made in 2008. One concession covering 1,000 hectares was retained.``

You will find the location of the Colina Dorado property on map 5. It is located along a prominent gold-copper belt on the Peru side but near the Ecquador border. On the Ecquador side of the belt is Dynasty Metals and Mining - now in production. On the southwestern side of the belt is Tambo Grande - huge ore body, but was never brought into production because it is located under a town and the town refused to move (very different from Osisko`s success in moving the town of Marlartic in Quebec). To the immediate right of our Colina Dorado property is Plexmar`s property, which is speculated to have good potential based on grab samples. I think Plexmar now has a 50/50 joint venture partner. They are working to bring a small processing plant into operation - 100 tpd gold ore and 100 tpd copper sulphides I think. I don`t know if the material to be processed is from small scale miners in the area or their own material or material from their J/V partner.

Perhaps Century kept the 1,000 hectares of Colina Dorada that is closest to Plexmar`s property, just in case Plexmar eventually comes up with a major discovery.

Anyway, it will probably be a while until we do anything with this property (if ever) as I believe it takes a bit of time when applying for exploration permits for any properties located near to the border.


3) 4 of our Alaskan properties (Eagle River, Patton, Peterson and Bessie)

Map 10 - I like the location of these 4 properties. They are located within a 10 mile area along an extremely successful gold belt, with only about 10 miles away from Coeur`s Kensington Mine (northwest on the belt - currently in production), and about 20 miles away from the Treadwell Mine (southeast of the belt - 3.2 ounces of historical gold production, and still mineralized at depth).

As mentioned in a previous post, Kensington has over 1.5 million ounces and is still having significant exploration success. A few of their recent drill holes showed 1 ounce per tonne intersections (just 10 miles away from our properties).

Eagle River produced 22,500 ounces of gold early last century. It contained a 4.5 foot zone assaying 0.59 opt (18.4 g/t) Au on the hanging wall. Of course, without further exploration it is impossible to know if other areas on the property is minerialized like this. Nonetheless, the good location along the belt is a great start. It`s also positive that Kensington is finding similar high grade ore zones that was previously mined on the Eagle River property, right along the same belt as Kensington.

Bassie has 4 old adits and a shaft (of note, adits are above ground entraces to the mineralization, such as through the side of a mountain). It produced 300 ounces in the past, with average grade of .431 ounce per tonne (13.4 g/t). It`s a property with high grade potential that has been under explored.

Patton has 4 small adits. It`s also an under explored property with high grade potential: ``Sampling by United States Geologic Survey returned 2.2 and 1.9 opt Au over 0.7 feet and 0.7 feet respectively``.

Peterson: ``Historical prospecting identified gold mineralization within an arsenic soil anomaly which covers most of the property. Stream sediment sampling returned significant Au values in pan concentrates.``

I like the historical high grade encounters of the properties. I like the location along the belt. I like what Coeur is still finding just 10 miles up the belt. I like that 3.2 million ounces was produced about 20 miles down the belt. I like that these 4 properties are within trucking distance of one another. If we decide to go there one day (much further down the road of course) it will help with the exploration process. If exploration is successful we will be able to treat all 4 properties as one big mining operation.