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LATEEGRA GOLD CORP. SATTERLY LAKE PROPERTY MMI Soil Survey Assessment Report RED LAKE MINING DISTRICT ONTARIO Devon Corporation Garry K. Smith, P.Geo Oct. 15, 2010
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Page 1: LATEEGRA GOLD CORP. SATTERLY LAKE …...Soil Analysis: The application of MMI geochemical exploration is thought to be significantly different to that used in historic, conventional

LATEEGRA GOLD CORP.

SATTERLY LAKE PROPERTY

MMI Soil Survey Assessment Report

RED LAKE MINING DISTRICTONTARIO

Devon CorporationGarry K. Smith, P.Geo

Oct. 15, 2010

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Table of Contentspage

Summary 1

Introduction and Terms of Reference 1

Property Location 2

Property Ownership 3

Accessibility, Climate and Local Resources 3

Persons Who Supervised the Survey 4

Summary of Historical Exploration Work 4

MMI Sampling Method and Approach 6

Sample Collection, Security and Analysis 6

Data Treatment and Presentation 7

Interpretation of Anomalous Values 10

Results 11

Recommendations 15

Certificate of Author 16

References 17

List of Plates

1 Claim Map of Property 2

2 Geological Compilation 4

List of Tables

1 Listing of Claims 3

2 Basic Statistics of MMI Analysis 8

3 Probability Plots for Au 10

Appendix

1 Sample Locations, MMI, Rock

2 Assay Certificates

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Summary

During August, 2010, an MMI soil orientation survey and general prospecting was conducted over mostprospective areas of the Satterly Lake property on Satterly Lake, North-western Ontario.

The Satterly Lake Property is located approximately 100 kilometres to the east-northeast of Red Lake,Ontario. The Property is composed of two claim blocks in the Red Lake Mining District on theShabumeni Lake Area (G1881) and Satterly Lake Area (G1874) claim maps located on NTS sheet52N/07 and 52N/08. Block 1 is comprised of five claims totalling 79 contiguous staked claims covering1,264 hectares. Block 2 straddles the Shabumeni Lake-Satterly Lake map boundary covering 336 haover 21 units between two claims.

Previously cut and picketed lines were brushed-out so that any significant MMI results could be geo-referenced to previous work. UTM NAD 83 coordinates were used for compilation and presentationpurposes, and all work is georeference to the Ontario Lands base maps for the area.

The MMI soil geochemistry orientation survey was conducted on 100 meter-spaced lines at 25 meterstations covering the known prospective zones. 183 stations were considered for the MMI survey and148 sites were found to be suitable for analyses. 10 rock samples were also taken for generalprospecting purposes.

The overburden on much of the survey grid is believed to be less than 10 meters, hence lateraldispersion is not expected to be significant for the MMI response. The primary gold targetmineralization should be within, or proximal to the intrusive bodies or associated splay structures. Bothtarget types could also be marked by gossanous soils and IP geophysical anomalies.

Introduction and Terms of Reference

In August, 2010, Lateegra Gold Corp. (Lateegra) contracted the author, Garry K. Smith, P.Geo ofDevon Corporation, (Devon) to conduct an orientation MMI soils survey and prepare a geochemicalreport assessing the potential usefulness of this exploration technique on their Satterly Lake goldproperty.

The author conducted an on-site field investigations and supervised the field crews and samplingprocedures during the period August 3-12, 2010. Operating from Green’s Camps on Birch Lake,geochemistry sample sites were located along cut and picketed lines, or GPS flagged lines, at 25 metersample spacings and 100 meter line separation.

The author has in excess of 20 years experience conducting exploration for base and precious metals inthe area and has received direct training in MMI sampling and interpretation procedures. In addition,the author assisted in the development of a module specific to the interpretation and presentation ofMMI results in Visidata’s “Interdex” geological software, which was used for this report.

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Property Location

The Satterly Lake Property is located approximately 100 kilometres to the east-northeast of Red Lake,Ontario. The Property is composed of two claim blocks in the Red Lake Mining District on theShabumeni Lake Area (G1881) and Satterly Lake Area (G1874) claim maps located on NTS sheet52N/07 and 52N/08. Block 1 is comprised of five claims totalling 79 contiguous staked claims covering1,264 hectares. Block 2 straddles the Shabumeni Lake-Satterly Lake map boundary covering 336 haover 21 units between two claims. A portion of that map is presented on Plate 1.

Claim Map Plate 1

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List of Claims Table 1

Area Claim Recording Date Due Date Work Required

SATTERLY LAKE 4222858 2007-Oct-19 2010-Oct-19 $6,000

SATTERLY LAKE 4222859 2007-Oct-19 2010-Oct-19 $6,400

SATTERLY LAKE 4222868 2007-Oct-19 2010-Oct-19 $6,400

SATTERLY LAKE 4222869 2007-Oct-19 2010-Oct-19 $6,400

SATTERLY LAKE 4222870 2007-Oct-19 2010-Oct-19 $6,400

SATTERLY LAKE 4229735 2009-Apr-16 2011-Apr-16 $6,000

SHABUMENI LAKE 4229736 2009-Apr-16 2011-Apr-16 $2,400

Property OwnershipLateegra holds the Horseshoe Island Property under an option agreement with Perry English ofSouris, Manitoba and Rubicon Minerals Corporation, a corporation having an office at Suite 1540, 800West Pender Street, Vancouver, British Columbia, V6C 2V6.

Accessibility, Climate and Local Resources

The property is accessible by float-, or ski-, equipped aircraft from the town of Red Lake, Ontario, 102kilometres to the east-northeast. Logging roads from Ear Falls to South Bay Mine, approximately 76kilometres, provide snow machine access during winter conditions to 23 kilometres of lake-ice andportage trails. This winter trail system traverses Confederation Lake, Swains Lake and the southwestend of Birch Lake.

The physiography of the region is typical of the Canadian Shield with many lakes and streams, a coverof mixed-hardwood and Spruce forest over low, rolling hills with <40m relief, with lower areas oftenoccupied by swamps. Bedrock ridges are common throughout much of the area and form prominentfeatures that greatly affect local drainage

The relief on the property is gently rolling with numerous low amplitude ridges and valleys.Overburden is typically less than 10m of glacial till. The drainage pattern trends west to south-west,which is parallel to the direction of the last glacial scouring to affect the area.

The climate is a mid-continent, northern environment, with -20°C (average) winters. The winter fieldseason for geophysics and drilling may require lake-ice which is available from late December to lateMarch or early April. However, ice roads suitable for moving heavy equipment are usually onlypossible from late January to mid-March. The summer field season begins in late April to early Mayunless aircraft are required to land on the lakes. Float-equipped aircraft can operate from late May towell into October. The weather is typically humid in summer with temperatures in the 20C to high 30Crange.

Ridges are generally populated by black spruce, jack pine, poplar and aspen, with sparse spruce,tamarack and sphagnum mosses in the low and marshy areas. More mature areas are often covered withdeadfall and “blow-down”

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Persons Who Supervised the Survey

The overall survey was supervised by the author, Garry K. Smith, P.Geo of 3267 Stonecrest Rd., RR2,Woodlawn Ontario K0A 3M0. The field sampling crew was supervised on-site by Justin Miller, whohas been previously trained by the author in MMI sampling procedures.

The field crew were:

Garry Smith, P.Geo Justin Miller, Geotech Julie Oakes, GeotechDevon Corporation Devon Corporation Devon CorporationWoodlawn, Ont Thunder Bay, Ont Ear falls, Ont

The field portion of the MMI soil survey, and the re-picketing of the grid, was carried out duringAugust 3-12, 2010.

Summary of Historic Exploration Work Performed on the PropertyPlate 2

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1939 The Green Camp and Green Camp North prospects were discovered and staked by M.Benedict who also conducted a considerable amount of stripping and trenching in the area. Specificresults are not known.

1947 McKenzie Red Lake Gold Mines Ltd. diamond drilled 9 holes totalling 977 m at the claimboundary between mining claims KRL 28363 and 28364 on the Superstition Lake prospect. The bestvalues returned were 3.08 grams per tonne in gold over 1.5 metres of core length

1969 A. McGregor (McGregor Telephone and Power Construction Co.) contracted Canadian AeroMineral Surveys Ltd. to fly airborne electromagnetic, magnetic and gamma-ray spectrometersurveys over a large group of claims which encompassed the Green Camp Prospect.

1970 Hudson Bay Oil and Gas Co. Ltd. conducted ground follow-up of airborne anomalies. Thiswork included ground electromagnetic and magnetic surveys, soil geochemical surveys and sometrenching primarily for base metals.

1984 St. Joe Canada Inc. optioned claims in the area and conducted stripping, geological mappingand a ground magnetic survey.

1984 Kidd Creek Mines Ltd. flew an airborne magnetic and electromagnetic geophysical surveyover the Superstition Lake area after optioning the prospect from Loydex Resources Inc. Eight drillholes for 509 metres was also drilled to test the geophysical conductors. No assay results weresubmitted with the assessment work filed.

1985 St. Joe conducted ground magnetic and induced polarization geophysical surveys andremapped the geology. Three holes for 390 metres was drilled on the Green North Occurrence with thebest results being 3.4 grams per tonne over l metre in width. Another 37 holes were drilled on the GreenCamp Prospect for 5298 metres and results were not reported until 1990 when Noranda Explorationfiled the data.

1986 St. Joe flew airborne magnetic and electromagnetic surveys over the property. Kidd CreekMines Ltd. diamond drilled 8 holes totalling 509.8 m on claims KRL 720266 and 720271 covering theSuperstition Lake Prospect.

1987 St. Joe diamond drilled 24 holes totalling 3382.05 m. Subsequently St. Joe changed its nameto Bond Gold Canada Inc. Assay results from drilling of the Green Camp North showing yielded up to1.37 grams per tonne Au over 117 metres.

1988 St. Joe completed 1:2500 scale outcrop mapping of The Rice Bay Property.

1990 Noranda Exploration Co. Ltd. acquired the Green Camp prospect from Bond Gold CanadaInc. and conducted geological mapping and humus and soil geochemical surveys.

1991 Noranda conducted stripping, sampling and mapping on the Green Camp prospect. 1992Bond Gold Canada changed its name to Lac Minerals Ltd.

1995 The majority of the Lac Minerals Ltd claim group lapsed.

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1998 Cross Lake Minerals acquired the area covering the two Green Camp showings and completedover 23 line kilometers of induced polarization survey over the northwest portion of the claims.Anomalies that were detected by this survey were not tested or drilled.

MMI Sampling Method and Approach

Of the 183 potential sample locations on the grid, 148 sites were found to be suitable for MMI geochemsoil samples. 35 sites were either rock or generally too wet to be suitable for MMI sampling.Observations of soil quality, colour, medium, and moisture content were recorded by the crews at eachsample site. MMI soil samples were taken at 25 meter intervals along 100 meter spaced cut andpicketted lines or GPS flagged stations generally perpendicular to the interpreted package of favourablesratigraphy and structure striking through the Property.

Soil Analysis: The application of MMI geochemical exploration is thought to be significantly differentto that used in historic, conventional soil surveys. The process removes small amounts of metal ionsfrom the exterior of soil particles whilst leaving the substrate unaffected. The very loosely-attached ions(MMI) are therefore sourced from in-situ target mineralization and not from other conventionalbackground transported or lithological sources of metals. Metal concentration levels are significantlylower than 'total digestions' methods, but the signal-to-noise ratios are significantly enhanced, resultingin a sharper anomaly contrast to background.

Before taking a soil sample, the equipment is brushed to eliminate residue from previous samples andflushed with the soil from the new sample site. During sample collection and handling, no jewellery(watches, rings, bracelets, and chains) is worn, as this can be a major source of contamination.

Taking an MMI soil sample requires the surface soil layer to be scraped away, eliminating looseorganic matter, debris, and cultural contamination. In cases where there is an extensive organic horizon(O or Ao) at the surface, the sample is taken 5 to 20cm below the lower interface. An orientationsurvey designed to test the optimum depth below the organic layer is recommended in most areas. Inthis survey, it was determined from observation by the author that the ideal depth of sample wasbetween 10-15cm below the lower interface.

A 250-400 gram sample is collected and stored in a plastic bag (a 90 x 150-mm plastic ZIPLOC isrecommended). Once sealed in the plastic bags, samples were placed in polyweave “Rice Bags”(maximum 40 per bag). Stored in this manner, samples can be stored for long periods. Samplescollected during this survey arrived at the lab within 1 week of collection.

The samples are believed to be representative of the mediums analysed, and the quality is believed to besuitable MMI analysis and, therefore, for inclusion in this report.

Sample Collection, Security and Analysis

Soil samples, each weighing between 250 and 400 grams, were collected at 25 meter spaced stations onpicketed and cut lines approximately 100 meters apart. The grid was further located by GPS NAD83,Zone 15 and presented against the local Mining Lands Claim Base Map. The material collected forMMI analysis comprised dry to damp, sandy to pebbly, soil representing a primary derivative of till or

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glacial outwash clays. Samples were collected from a consistent depth of between 10 and 15 cmbeneath the humus layer. In areas where shallow overburden (<10 cm) was observed, samples werecollected from the maximum depth obtainable. In some instances samples were collected from a depthof only 2-5 cm due to shallow overburden.

Samples were collected with a stiff, vinyl trowel after the initial sample pit was dug with a clean shoveldevoid of paint or rust. Samples were bagged on site, without preparation, except for the occasionalremoval of rock fragments greater than 2 mm in diameter, and shipped to SGS Laboratories, Toronto,Ont.

The new MMI-M suite was used for the purpose of this orientation survey. MMI-M is a single multi-element leach that now provides an option to measure the concentration of a broad selection of mobileelements in soils.

While some element detection limits are slightly higher than those quoted for the original “expertelement suites”, this new leach, like its predecessors, still detaches and holds mobile ions in the extractantsolution prior to analysis.

This M suite will analyse for Cu, Pb, Zn, Cd, Au, Ag, Ni, Co, Pd, U (Commodity Group) Cr, Nb, Rb, Y,+ Rare Earth elements (Diamond Group) Ti, Zr, Ca, Mg, Sr, Al, Sc, Th, Li, Fe (Lithological Group) As,Sb, Bi, Tl ,W, Sn, Mo, Te, Se, Sb (Pathfinder Group)

Analytical finish is by inductively coupled plasma-mass spectrometry (ICP-MS). Internal analytical labduplicates were also utilized by SGS to monitor reproducibility.

All samples were taken and “bagged” according to “Best Practice” procedures under the supervision ofthe author. Sample shipping bags were sealed and delivered to Gardewine bonded transport company inRed Lake, for shipment to the SGS Lab in Toronto. The author believes that the security measurestaken to ensure the validity and integrity of samples taken, are to the highest industry standards.

SGS Labs in Toronto are directly licensed by the owners of the proprietary MMI analytical method tooffer analysis and are certified by the appropriate standards association for their procedures.

SGS prepared their own quality control measures and employed check assay and other check analyticaland testing procedures according to their respective ISO standards. No corrective actions were deemedby SGS, or the author, to be necessary.

The author is, therefore, of the opinion that the sampling, sample preparation, security and analyticalprocedures are of the highest quality and adequacy.

Data Treatment and Presentation

Analytical data from the Vital survey was examined statistically. Data less than the lower detectionlimit (LDL) were replaced with a value ½ the LDL for statistical calculations. The backgroundthreshold of noise was determined by using the 25th percentile. This data was calculated using theInterdex software program probability plot analysis.

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Response ratios serve to compare MMI data collected from different grids, areas, and environmentsfrom year to year. Response ratios were calculated for the entire grid that was sampled for this survey.A matrix of imaged response ratios for each element is presented for elemental comparison. Theseimages were produced using Interdex software. Cumulative frequencies, data ranges, standarddeviations and response ratios were also checked manually.

Basic Statistics of MMI Analysis Table 2

Field Values Minimum Maximum Mean STD25thpercentile

Sample 142Ag 142 0.5 310 12.69 29.44 1.11Al 142 13 375 231.28 113.26 71.21As 142 5 1770 64.72 159.25 9.89Au 142 0.05 45.2 1.92 5.42 0.06Ba 142 190 3330 1119.01 616.04 452.37Bi 142 0.5 4 0.80 0.62 0.50Ca 142 5 820 122.01 163.79 6.97Cd 142 0.5 144 6.59 13.15 1.29Ce 142 2.5 2030 341.90 371.40 37.72Co 142 15 705 115.08 96.55 40.11Cr 142 50 400 123.24 89.46 49.26Cs 142 0.25 58.7 10.86 10.82 0.70Cu 142 5 7710 678.84 977.90 168.29Dy 142 0.5 161 20.20 20.68 4.50Er 142 0.25 79.6 9.82 9.67 2.78Eu 142 0.25 45.5 7.37 8.06 1.16Fe 142 7 401 150.97 87.43 43.89Ga 142 0.5 68 19.42 13.06 6.25Gd 142 0.5 189 27.97 31.12 5.26Hg 142 0.5 4 1.01 0.71 0.49In 142 0.25 0.25 0.25 0.00 0.25K 142 0.6 34.8 13.50 6.96 5.58La 142 0.5 825 160.55 167.77 20.22Li 142 2.5 26 4.11 3.53 2.48Mg 142 0.5 120 13.26 17.54 2.26Mn 142 30 29100 1934.51 4037.30 112.11Mo 142 2.5 614 20.72 62.04 2.45Nb 142 0.25 36.7 6.04 5.87 0.57Nd 142 0.5 1110 165.07 202.72 21.45Ni 142 41 2400 196.34 244.07 75.32P 142 0.05 19.4 3.95 3.58 0.54Pb 142 5 660 182.39 137.40 25.53Pd 142 0.5 1 0.51 0.08 0.50Pr 142 0.5 277 42.93 51.09 5.32

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Pt 142 0.5 0.5 0.50 0.00 0.50Rb 142 5 376 151.94 87.78 41.92Sb 142 0.5 3 0.80 0.54 0.50Sc 142 2.5 107 31.16 18.47 10.71Sm 142 0.5 190 30.12 34.82 4.53Sn 142 0.5 6 0.80 0.84 0.50Sr 142 40 3410 567.39 673.65 95.26Ta 142 0.5 3 0.58 0.32 0.50Tb 142 0.5 31 4.15 4.49 1.21Te 142 5 5 5.00 0.00 4.97Th 142 2 158 43.82 33.67 9.63Ti 142 5 14900 1581.12 1824.34 111.47Tl 142 0.25 2.2 0.45 0.38 0.25U 142 2 109 17.87 16.19 6.21W 142 0.5 44 2.13 4.70 0.49Y 142 2.5 675 91.61 90.69 22.55Yb 142 0.5 60 7.69 7.35 2.75Zn 142 10 1310 139.93 177.91 23.96Zr 142 2.5 189 56.46 40.87 13.31

The probability plot for the key target element Gold (Au) is presented below.

The Au plot shows a marked inflection and beginning of a significant population at 2.4 ppb,corresponding to a response ratio of 40 times background being significant. A second significantpopulation starts at about 4 ppb corresponding to a response ratio of 67 times background, and a thirdpopulation at 8 ppb corresponding to a response ratio of 133 times background and 1 standarddeviation.

Generally, a response ratio of 40 times background is considered to be significant enough to warrant adrill target. 40 for this grid is about 2.4 ppb.

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Au Probability Plot Table 3

Au

Background noisethresholds based on

CF 25%= 0.06 ppb

The “bubble plot” style presentations for Au uses these significant populations to determine anomaloustrends. These interpreted trends are presented as colour ranges.

Interpretation of Anomalous Values and Recommendations for Further Exploration

Multivariate statistical and graphical techniques were used to interpret the MMI data from the Property.The calculation, and presentation of response ratios on the plots attached were examined for anomalous“highs” or groups of elevated responses for single and/or coincident elements. This orientation surveywill serve to set some base line responses for both gold and VMS-style alteration and mineralization onthe property.

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Results

Claim 4222858 Green Camp / Rice Bay Prospect

Numerous highly anomalous gold values were detected on the Green Camp and Green Camp Northprospects. Significant and widespread results indicate a broad area of potentially economic gold withlikely occurrences of high-grade free gold as evidenced by response ratios of 402, 595 and 753.

4 rock samples from pits at MMI sample sites returned anomalous gold values ranging to a high of 1.8grams gold.

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Claim 4222868 Hodgson Island Prospect

No significant gold values were detected associated with the arsenopyrite zone.

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Claim 4222869 Green / Benedict Prospect

A single value of 22 times background for gold was detected. This is a lower priority anomaly andwarrants sampling proximal to the site.

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Claim 4222870 Hanson Prospect

No significant gold values were detected.

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Claim 4229735 Green / Hager

Consistent but relatively weakly anomalous gold values were detected 200 metres. This is a lowerpriority target and warrants sampling proximal to the 15-30 response ratios.

Recommendations

The Green Camp and Green Camp North prospects would appear to host widespread anomalous goldvalues that warrant additional MMI sampling, trenching, and drilling. Much of the property is coveredby severe blow-down and line cutting is required.

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CERTIFICATE of AUTHOR

I, Garry K. Smith, P.Geo do hereby certify that:

1. I am a registered Professional Geoscientist in the Province of Ontario and President of:Devon Corporation 3267 Stonecrest Rd., RR2 Woodlawn, Ontario Canada K0A 3M0

2. I graduated with an honours B.Sc. degree in Earth Sciences from the University of Waterloo.

3. Devon Corporation and the author are registered members of the Association of ProfessionalGeoscientists of Ontario.

4. I have continuously worked as a geologist since my graduation from the University of Waterloo forover 20 years.

5. I have read the definition of “qualified person” set out in National Instrument 43-101 (“NI 43-101”)and certify that by reason of my education, affiliation with a professional association and past relevantwork experience, I meet the requirements to be a “qualified person”.

6. I am responsible for the preparation of all sections of the assessment report titled Satterly LakeProperty, MMI Soil Survey, Assessment Report, and dated October 15, 2010.

7. I have had no prior involvement with the property that is the subject of this Assessment Report.

8. I am not aware of any material fact or material change with respect to the subject matter of theAssessment Report that is not reflected in the Assessment Report, the omission to disclose which makesthe Assessment Report misleading.

9. I am independent of the issuer applying all of the tests in section 1.5 of National Instrument 43-101.

10. I consent to the filing of the Assessment Report for assessment purposes, including electronicpublication in the assessment files websites accessible by the public.

Dated this 15th Day of October,2010.

______________________

Garry K. Smith, P.Geo

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References

Beakhouse, G.P. 1987. Geology of the Birch Lake area, Miscellaneous Paper 137.016.

Beakhouse, G.P., 1989. Ontario Geological Survey, Open File Report 5700, p.71-75, 91.

Beakhouse, G.P. and McNeil, A.M., 1989. Ontario Geological Survey Map P.3117.

Beakhouse, G.P., Forsyth, D.M., Scott, K.V. and Wallace, H., 1989. Ontario Geological Survey Map3118.

Energy Mines & Resources Canada 1989. Canadian Mineral Deposits not being mined in 1989, M.R.223.

Harding, W.D., 1936. Ontario Department of Mines Map 45c.

Lavigne Jr. M.J. and Atkinson, B., 1988. Ontario Geological Survey MP 138, p. 59.

Lichtblau, A., Hinz, P., Ravnaas, C., Storey, C.C., Kosloski, L., Raoul, A. and Gula, R., 2005. Reportof Activities 2004, Resident Geologist Program, Red Lake Regional Resident Geologist Report, OpenFile Report 6146.

Parker, J.R. and Atkinson, B.T., 1992. Ontario Geological Survey Open File Report 5835, Gold

Occurrences, Prospects and Past-Producing Mines of the Birch-Confederation Lakes Area.

Thurston, P.C., and Jackson, M.., 1981. Ontario Geological Survey Map 2281

Thurston, P.C., 1985. Ontario Geological Survey GR 236.

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Appendix 1: Sample LocationsMMIRock

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Rock Samples

Sample UTM E UTM N Description Auppb

Ptppb

Pdppb

217451 538515 5688228 GRD minor qtz 61 <1 1

217452 538434 5688245 GRD sil, 1-2% 3mm py w fg py, no cc 692 <1 <1

217453 538528 5688783 SED silty, qcv and fracts, PIT 1836 <1 <1

217454 538528 5688783 SED silty, host rock to 453, PIT 694 <1 13

217455 538257 5686244 Aspy Shear Zone, minor py, PIT 51 <1 12

217456 538277 5686268 Aspy Shear Zone 44 1 <1

217457 538277 5686268 QV in ASPY Shear Zone 30 13 <1

217458 535423 5685018 QV, smokey qtz with tr py, cc 41 3 <1

217459 540532 5685284 Rusty Shear Zone, tr-5% py 311 7 <1

217460 540827 5684379 Gabbro, 1-3% vfg py 61 10 <1

217461 538371 5685638 Gabbro, tr py 12 <1 <1

Page 27: LATEEGRA GOLD CORP. SATTERLY LAKE …...Soil Analysis: The application of MMI geochemical exploration is thought to be significantly different to that used in historic, conventional

Claim Sample Grid UTM E UTM N Quality Colour Moist Type Notes Claim Sample Grid UTM E UTM N Quality Colour Moist Type Notes4222858 718501 shore 538625 5688200 Fair Grey/Brown Wet Sand/Silt 4222858 718543 1+50N 538531 5688331 Fair Red/Brown Moist Silt/Sand4222858 718502 0 538627 5688285 Fair Brown Moist Silt/Sand 4222858 718544 1+75N 538531 5688357 Fair Brown Dry Sand/Silt4222858 718503 25E 538613 5688284 Poor Black Wet Organic 4222858 718545 1+100N 538531 5688382 Poor Grey/Brown Moist Sand/Silt4222858 718504 50E 538599 5688284 Fair Grey Wet Sand/Silt 4222858 ns 1+125N 538531 5688408 n/a n/a n/a Swamp4222858 718505 75E 538585 5688283 Good Grey Moist Silt 4222858 ns 1+150N 538531 5688433 n/a n/a n/a Swamp4222858 718506 25W 538571 5688282 Good Red/Brown Moist Sand/Silt 4222858 718546 1+175N 538531 5688459 Poor Black Moist Organic L8E, 11+75N4222858 718507 50W 538557 5688281 Fair Brown/Grey Dry Sand 4222858 718547 1+200N 538531 5688484 Poor Black Moist Organic4222858 718508 75W 538543 5688281 Good Red/Brown Moist Sand 4222858 718548 1+225N 538531 5688510 Fair Brown/Grey Moist Silt/Sand4222858 718509 100W 538530 5688280 Fair Grey Moist Sand/Silt 4222858 718549 1+250N 538531 5688535 Fair Brown Moist Silt/Sand4222858 ns 125W 538505 5688279 n/a n/a n/a Swamp 4222858 718550 1+275N 538531 5688561 Fair Brown Moist Silt/Sand4222858 ns 150W 538480 5688278 n/a n/a n/a Swamp 4222858 718551 1+300N 538531 5688586 Fair Grey Moist Silt4222858 ns 175W 538455 5688278 n/a n/a n/a Swamp 4222858 718552 1+325N 538531 5688612 Good Brown Moist Silt/Sand4222858 718510 200W 538430 5688277 Fair Grey Moist Sand/Silt 4222858 718553 1+350N 538531 5688637 Poor Brown Moist Silt4222858 718511 225W 538410 5688276 Poor Grey Moist Silt/Sand 4222858 718554 1+375N 538531 5688663 Fair Grey Moist Silt4222858 718512 250W 538389 5688275 Good Red Moist Sand/Silt 4222858 718555 1+400N 538531 5688688 Fair Brown Moist Silt4222858 718513 275W 538369 5688275 Good Brown Moist Silt/Sand 4222858 718556 1+425N 538531 5688714 Good Rusty Moist Sand/Silt4222858 718514 300W 538348 5688274 Fair Grey Moist Silt Trench 4222858 718557 1+450N 538531 5688739 Good Rusty Moist Silt/Sand4222858 718515 325W 538318 5688273 Good Brown/Grey Moist Sand/Silt 4222858 718558 1+475N 538531 5688765 Good Rusty Moist Silt/Sand4222858 718516 350W 538289 5688272 Good Red/Grey Moist Silt/Sand Trench 4222858 718559 1+500N 538531 5688790 Fair Brown Moist Silt/Sand4222858 718517 375W 538259 5688272 Fair Brown Moist Sand/Silt 4222858 718560 1+525N 538531 5688816 Poor Brown Moist Silt/Sand4222858 718518 400W 538230 5688271 Fair Brown Moist Sand/Silt 4222858 718561 0+500N 538623 5688765 Poor Grey Moist Till4222858 718519 425W 538200 5688270 Fair Grey Wet Silt/Sand 4222858 718562 0+475N 538623 5688741 Good Rusty Moist Silt4222858 ns 450W 538170 5688269 n/a n/a n/a Swamp 4222858 718563 0+450N 538623 5688717 Poor Grey Moist Silt/Sand4222858 718520 1+25S 538530 5688255 Fair Brown Moist Sand/Silt 4222858 718564 0+425N 538624 5688693 Good Rusty Moist Silt/Sand4222858 718521 1+50S 538529 5688230 Fair Brown Moist Sand/Silt 4222858 718565 0+400N 538624 5688669 Fair Brown Moist Silt/Sand4222858 718522 1+75S 538529 5688205 Fair Brown Wet Sand/Silt 4222858 718566 0+375N 538624 5688645 Good Grey Moist Silt4222858 718523 1+100S 538528 5688179 Fair Brown Wet Silt/Sand 4222858 718567 0+350N 538624 5688621 Good Red/Brown Moist Silt/Sand4222858 718524 1+125S 538527 5688154 Fair Brown Moist Silt/Sand 4222858 718568 0+325N 538624 5688597 Good Rusty Moist Silt/Sand4222858 718525 1+150S 538526 5688129 Good Brown Moist Silt/Sand 4222858 718569 0+300N 538625 5688573 Fair Brown/Grey Moist silt/Sand4222858 718526 1+175S 538526 5688104 Fair Brown Wet Silt/Sand 4222858 718570 0+275N 538625 5688549 Good Rusty Moist Silt/Sand4222858 718527 1+200S 538525 5688079 Good Brown Moist Silt 4222858 718571 0+250N 538625 5688525 Fair Brown Moist Silt/Sand4222858 718528 3+200S 538348 5688079 Poor Brown Wet Organic 4222858 718572 0+225N 538625 5688501 Fair Brown Moist Sand/Silt4222858 718529 3+175S 538348 5688055 Poor Brown Wet Organic 4222858 718573 0+200N 538625 5688477 Good Grey Moist Sand/Silt4222858 718530 3+150S 538348 5688030 Poor Brown Wet Organic 4222858 718574 0+175N 538626 5688453 Good Rusty Moist Sand/Silt4222858 718531 3+125S 538348 5688006 Good Brown Moist Silt/Sand 4222858 718575 0+150N 538626 5688429 Poor Black Wet Organic4222858 718532 3+100S 538348 5687981 Good Brown Moist Sand/Silt Trench 4222858 ns 0+125N 538626 5688405 n/a n/a n/a Swamp4222858 718533 3+75S 538348 5687957 Good Red/Brown Moist Sand/Silt 4222858 ns 0+100N 538626 5688381 n/a n/a n/a Swamp4222858 718534 3+50S 538348 5687932 Good Red/Brown Moist Sand/Silt 4222858 ns 0+75N 538626 5688357 n/a n/a n/a Swamp4222858 718535 3+25S 538348 5687908 Fair Brown Moist Sand/Silt 4222858 ns 0+50N 538627 5688333 n/a n/a n/a Swamp4222858 718536 2+200S 538434 5688096 Fair Brown Moist Sand/Silt 4222858 718576 0+25N 538627 5688309 Poor Black Wet Organic4222858 718537 2+175S 538434 5688119 Good Grey Wet Sand4222858 718538 2+150S 538433 5688141 Good Brown Moist Sand/Silt 4222869 718577 EB 150N 540074 5687315 Good Grey Moist Clay/Silt4222858 718539 2+125S 538433 5688164 Poor Brown Wet Organic 4222869 718578 EB 125N 540074 5687286 Good Rusty Dry Silt4222858 718540 2+100S 538432 5688186 Good Brown Moist Sand/Silt 4222869 718579 EB 100N 540073 5687258 Good Rusty Moist Silt Trench4222858 ns 2+75S 538432 5688209 n/a n/a n/a Rock 4222869 718580 EB 75N 540073 5687229 Good Rusty Dry Sand/Silt4222858 ns 2+50S 538431 5688231 n/a n/a n/a Rock 4222869 718581 EB 50N 540072 5687201 Good Rusty Dry Silt4222858 718541 2+25S 538431 5688254 Fair Grey/Black Moist Silt 4222869 718582 EB 25N 540072 5687172 Good Grey Dry Sand/Silt4222858 718542 1+25N 538531 5688306 Good Brown Moist Sand

Page 28: LATEEGRA GOLD CORP. SATTERLY LAKE …...Soil Analysis: The application of MMI geochemical exploration is thought to be significantly different to that used in historic, conventional

Claim Sample Grid UTM E UTM N Quality Colour Moist Type Notes Claim Sample Grid UTM E UTM N Quality Colour Moist Type Notes4222868 718583 538207 5686182 Good Brown Dry Silt 4222870 718618 SL-1 540524 5685280 Fair Brown Dry Silt/Sand4222868 718584 538214 5686212 Fair Red Moist Silt 4222870 718619 SL-2 540511 5685262 Good Rusty Moist Silt4222868 718585 538250 5686247 Good Red Moist Silt/Sand 4222870 718620 SL-3 540488 5685238 Good Rusty Dry Silt/Sand4222868 718586 538281 5686263 Good Rusty Moist Silt/Till 4222870 718621 SL-4 540477 5685212 Good Brown Moist Silt4222868 718587 538307 5686269 Good Rusty Moist Silt 4222870 718622 SL-5 540471 5685185 Good Brown/Grey Moist Silt

4222870 718623 SL-6 540819 5684375 Fair Brown Dry Sand/Silt4229735 718588 534780 5685544 Fair Grey Wet Sand/Silt 4222870 718624 SL-7 540794 5684371 Fair Grey Moist Sand/Silt4229735 718589 534811 5685541 Good Rusty Dry Silt/Sand 4222870 718625 SL-8 540762 5684378 Good Brown Dry Silt/Sand4229735 718590 534834 5685538 Good Grey Wet Silt/Sand 4222870 718626 SL-9 540708 568375 Poor Brown Moist Sand/Silt4229735 718591 534856 5685532 Fair Grey Wet Silt/Sand 4222870 718627 540566 5684899 Good Red Moist Silt4229735 718592 534877 5685522 Good Brown Wet Silt 4222870 718628 540573 5684877 Poor grey Moist Silt/Sand4229735 718593 534903 5685511 Fair Brown Moist Silt 4222870 718629 540579 5684859 Good Brown Moist Sand/Silt4229735 718594 534921 5685501 Good Grey Moist Silt 4222870 718630 540576 5684834 Fair Brown Moist Silt/Sand4229735 718595 534942 5685492 Poor Black Wet Organic 4222870 718631 540575 5684807 Good Grey Moist Silt4229735 ns 534963 5685482 n/a n/a n/a Swamp 4222870 718632 540571 5684783 good Brown Moist Sand/Silt4229735 ns 534987 5685476 n/a n/a n/a Swamp 4222870 718633 540575 5684760 Fair Grey Moist Silt/Sand4229735 718596 535019 5685465 Fair Grey Moist Clay/Silt 4222870 718634 540572 5684735 good Rusty Moist Silt4229735 718597 535039 5685457 Good Grey Moist Clay/Silt 4222870 718635 540574 5684706 Good Rusty Moist Sand/Silt4229735 718598 535059 5685442 Good Red Moist Silt/Sand 4222870 718636 540551 5684695 Good Brown Moist Silt/Sand4229735 718599 535085 5685435 Good Rusty Moist Silt/Sand 4222870 718637 540529 5684692 Good Brown Moist Silt/Sand4229735 ns 535105 5685424 n/a n/a n/a Swamp 4222870 718638 540505 5684696 Good Rusty Moist Sand/Silt4229735 ns 535127 5685416 n/a n/a n/a Swamp 4222870 718639 540478 5684686 Good Brown/Grey Moist Silt/Sand4229735 ns 535150 5685411 n/a n/a n/a Swamp 4222870 718640 540447 5684689 Fair Grey Moist Silt/Sand4229735 718600 535181 5685403 Poor Black Wet Organic 4222870 718641 540419 5684688 Good Grey/Brown Moist Sand/Silt4229735 718601 535202 5685390 Poor Grey Wet Clay 4222870 718642 540338 5684688 Fair Brown/Grey Moist Silt/Sand4229735 718602 535227 5685387 Good Rusty Moist Silt/Sand 4222870 ns 540370 5684711 n/a n/a n/a Outcrop4229735 718603 535250 5685370 Fair Rusty Moist Sand/Silt 4222870 ns 540368 5684817 n/a n/a n/a Swamp4229735 718604 535273 5685362 Good Rusty Dry Sand/Silt 4222870 ns 540390 5684826 n/a n/a n/a Swamp4229735 718605 535297 5685352 Fair Rusty Dry Silt/Sand 4222870 718643 540412 5684839 Poor Black Wet Organic4229735 718606 535320 5685342 Good Rusty Dry Silt/Sand 4222870 ns 540435 5684844 n/a n/a n/a Swamp4229735 718607 535339 5685332 Fair Brown Moist Sand 4222870 718644 540466 5684841 Fair Grey Dry Clay4229735 718608 535351 5685313 Fair Brown Moist Sand/Silt 4222870 718645 540493 5684842 Good Grey Dry Clay/Silt4229735 718609 535355 5685288 Fair Brown Moist Sand/Till 4222870 718646 540514 5684831 Fair Brown Moist Sand/Till4229735 ns 535358 5685266 n/a n/a n/a Outcrop 4222870 718647 540532 5684807 Good Brown Moist Silt/Sand4229735 718610 535361 5685243 Fair Grey Moist Clay 4222870 718648 540555 5684799 Good Rusty Moist Sand/Silt4229735 ns 535369 5685217 n/a n/a n/a Outcrop 4222870 ns 540536 5684897 n/a n/a n/a Swamp4229735 718611 535369 5685188 Fair Brown Moist Silt/Sand 4222870 ns 540511 5684897 n/a n/a n/a Swamp4229735 718612 535371 5685163 Fair Grey Moist Silt/Sand 4222870 ns 540486 5684897 n/a n/a n/a Swamp4229735 ns 535377 5685147 n/a n/a n/a Outcrop 4222870 ns 540461 5684897 n/a n/a n/a Swamp4229735 718613 535382 5685118 Poor Grey Moist Sand/Silt 4222870 ns 540436 5684897 n/a n/a n/a Swamp4229735 718614 535390 5685097 Poor Brown Moist Silt/Sand 4222870 ns 540411 5684897 n/a n/a n/a Swamp4229735 718615 535403 5685071 Poor Brown Dry Sand/Silt 4222870 ns 540386 5684897 n/a n/a n/a Swamp4229735 718616 535406 5685048 Poor Brown Dry Sand/Silt 4222870 ns 540361 5684897 n/a n/a n/a Swamp4229735 718617 535416 5685021 Poor Brown Dry Silt/Till 4222870 ns 540336 5684897 n/a n/a n/a Swamp

4222870 ns 540311 5684897 n/a n/a n/a Swamp4222870 ns 540286 5684897 n/a n/a n/a Swamp

Page 29: LATEEGRA GOLD CORP. SATTERLY LAKE …...Soil Analysis: The application of MMI geochemical exploration is thought to be significantly different to that used in historic, conventional

Devon Corporation: Garry K. Smith, P.Geo

Appendix 2: Assay CertificatesMMIRock

Page 30: LATEEGRA GOLD CORP. SATTERLY LAKE …...Soil Analysis: The application of MMI geochemical exploration is thought to be significantly different to that used in historic, conventional

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Page 54: LATEEGRA GOLD CORP. SATTERLY LAKE …...Soil Analysis: The application of MMI geochemical exploration is thought to be significantly different to that used in historic, conventional

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Page 55: LATEEGRA GOLD CORP. SATTERLY LAKE …...Soil Analysis: The application of MMI geochemical exploration is thought to be significantly different to that used in historic, conventional

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Page 56: LATEEGRA GOLD CORP. SATTERLY LAKE …...Soil Analysis: The application of MMI geochemical exploration is thought to be significantly different to that used in historic, conventional
Page 57: LATEEGRA GOLD CORP. SATTERLY LAKE …...Soil Analysis: The application of MMI geochemical exploration is thought to be significantly different to that used in historic, conventional

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Friday, September 10, 2010

Devon Corporation3267 Stonecrest Road, RR #2Woodlawn, ON, CANK0A3M0Ph#: (613) 832-4212Email#: [email protected], [email protected]

Date Received: 08/27/2010

Date Completed: 09/10/2010

Job #: 201043376

Reference: SL

Sample #: 11 Rock

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

236109 217451 61 <15 <10

236110 217452 692 <15 <10

236111 217453 1836 <15 <10

236112 217454 694 <15 13

236113 217455 51 <15 12

236114 217456 44 <15 <10

236115 217457 30 <15 <10

236116 217458 41 <15 <10

236117 217459 311 <15 <10

236118 217460 62 <15 <10

236119 Dup 217460 61 <15 <10

236120 217461 12 <15 <10

PROCEDURE CODES: ALP1, ALPG1, ALAR1

Certified By:

The results included on this report relate only to theitems testedThe Certificate of Analysis should not be reproducedexcept in full, without the writtenapproval of the laboratory

AL907-0414-09/10/2010 4:40 PM

Page 1


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