Paracale, Camarines Norte, Philippines.

Big Veins occurs as two large parallel quartz veins traceable for 1.8 km trending N25E to NS and dips steeply at 68 to 85E along a NS shear zone at the contact of the Ultramafic and the Paracale Granodiorite . Three possible oreshoots exist and indicated by surface favorable values of 1.4 to 3.6g/t over 0.5 to 4.5 meters of solid quartz veining ( these values are also confirmed by De Leon, 1992). At its northern end lies a possible stringer zone composed of interlacing quartz veinlets from a few centimeters thickness to as wide as .3 meters across an altered zone of 70 to 100 meters width. This zone has possible open pittable potential (Andam, 1985). Underground potential resources would amount to 143,500 tons at 5.5 g/t Au over 2 meter width. The open cut potential was calculated to be 1.13 million tones at 1.5 g/t Au ( Andam,1985) . Assuming a pit design of 30 meter deep pit, a 30% ore discount factor and a 1400 meter strike,this equates to a 35 meter mineralized width ( Motton, 2009). Another set of figures for the Big Vein resource are given as 453,100 tons at 3.47 g/t Au ( De Leon, 1992). This is based on a strike length of 1700 meters, 0.5m width and 205 meter depth, and is therefore an underground scoped resource. Initial metallurgical tests indicate 94.8% Au recovery from a 7.6 g/t Au head grade, while heap leach test showed a 68.8 % gold extraction from 1.4 g/t head grade in a 25 day leach period ( Andam, 1985). Refer to Big Vein –Anita Map Attachment Anita Vein is a ENE –trending, ultramafic-hosted vein zone developed in a strike-slip structure. The mapped strikelength is 250 meters. The main quartz vein range from 3-5 meters wide but the mineralized zone is 15-20 meters wide. Metallic minerals are iron oxides- hematite, magnetite, goethite, pyrite and chrome mica. Surface channel samples indicate moderate gold values in outcrops. Gold grades in the main quartz vein range from 1.0 to 2.80 g/t with bulk values between 1.50 to 2.50 g/t. Fluid inclusion petrography indicate the presence of rare type 1 vapor+ liquid inclusion; dominant three-phase type ll inclusions, sub-divided into type llA comprising of vapor+liquid+halite with salinity ranging from 28.06 to 31.04 plus or minus 0.05 wt% NaCl and type llB composed of vapor+liquid+halite+sylvite with estimated compositions of 30 wt% KCl, 20%NaCl and 50 wt % H20; rare type lll inclusions ( vapor+liquid+salt+opaque phase) consisting of 10 to 20 volume% of vapor, a euhedral halite and sylvite daughter crystal which occupy 20 to 40 volume% of the inclusion and a small rounded opaque phase which occupies less than 5 volume% of the inclusion. This opaque phase has been inferred to be chalcopyrite from reflectance observations. Homogenization temperatures range from 250-370 deg. C. High temperature and high salinity measurements and the presence of chalcopyrite daughter minerals of the fluid inclusions suggest the proximity of a juvenile hydrothermal system within the Casalugan area that is most probably related to porphyry mineralization ( Umbal, 1999). Refer to Anita East Map Attachment Diamond Veins. These veins occur partly in the central part of the Tigerhills tenement. This is an area where multiple veins exist consisting of 3 to 4 prominent quartz-sulphide veins showing widths from 1.0 to 7.0 meters with an intervening array of quartz stringers and stockworks. This zone is traceable for 1.6 km on strike across 150 meters width. The intensity of the stringers is still being determined ( Andam). These veins trend toward part of the Big Vein prospect and the intervening part must be considered highly prospective. Initial samples indicated 1.4 to 14.1 g/t for the prominent quarta vein members and an average of 1.6 g/t for the intervening stringer zones. Preliminary metallurgical and heap leach test results indicate 92 % Au recovery for straight cyanidization and 70% recovery for a heap leach test in 24 days leach time ( Andam). Assuming 1000m x 150m aerial dimension as potential for bulk low grade possibilities, 30 meter depth range, and 30% ore probability factor, the potential resource would amount to 2.7million tons with a grade of 1.6 g/t Au ( Andam). The Diamond Veins are classified by Bulawan into 3 groups of vein systems as follows:

1. Diamond 1, 2, and 2A
2. Diamond 3 – Salome Vein System
3. Tugos Vein System

Refer to the Diamond Map Attachment Tugos Vein System. These veins occur partially within the Tigerhills claims, and were worked by the North Camarines mine and the United Paragon mine. Both of these mines are further east of the Tigerhills claims. These veins strike northeast and consist of six to seven vein systems, and include the 111, 201, 301,500, 668, 708 and 721 veins. They can be correlated with the veins in the United Paragon veins, albeit under different names, such as the Baluarte and San Antonio veins. These veins have considerable lengths of up to 1200m. For the 301 vein, the average gold grade was determined to be 21.1 g/t, while the average vein width was shown to be 0.35 meters ( De Leon, 1992) For the 708 vein, the average width was found to be o.3 meters and the average gold grade was computed at 3.0 g/t ( De Leon, 1992 ). De Leon projects most of the Tugos Vein system at 0.3 meters wide, with grades varying from 4 to 15 g/t Au. Grid soil geochemistry conducted ( Placer 1998 ) on the Project area successfully defined the vein systems in anomaly maps as to their dimension and and element association. Additionally, Base Metals Mineral Resources has delineated Supergene type gold deposits which generally occur on the highly argillized areas. A porphyry copper-gold type deposits were indicated by the Placer Dome, geophysical surveys. The porphyry copper- gold prospects are indicated at the intercepts of Big Vein and Anita Vein at greater than 200 meters depth and at the vicinity of the Diamond, Salome and Tugos Veins. The search and discovery, exploration and development of the Porphyry Copper –Gold System is programmed to comprise Phase II of Tigerhills’ Exploration Work Program. Strategic Value. The Paracale district has a coastal location and is serviced by an existing sealed public road system. The national power grid and permanent port facilities. This is a historical mining district with traditional acceptance of mining as a major means of livelihood. Located at the northeast portion of the project area is the United Paragon Mining Corp. (UPMC), an underground mine which has an estimated resource of 1 Moz gold. The continuation of the high grade vein systems of UPMC is on the adjacent Tigerhills and Precious Metals Property. If these properties can be consolidated, the combined land position offers the potential for a large gold resource. Target Concept. A conceptual model formulated to account for the observed gold mineralization within the granodiorite and along the contact with the ultramafic. The model infers two types of mineralization: a syngenetic-type of gold mineralization associated with the emplacement of the Paracale granodiorite during the Cretaceous period into the ultramafic rocks, and a subsequent epigenetic-type of gold mineralization related to later stage diorite intrusions from Miocene to Pliocene ( e.g. Tamisam diorites) along favorable dilational structures. Preferential, though not restricted, gold-rich epi-mesothermal quartz veins and stockworks mineralization peripheral to the ultramafic-granodiorite contact is due to contrasting yield strength between the relatively brittle granodiorite and the more ductile schist/ultramafic rock. This caused vein-fracture networks to flare upward as it abuts into less permeable schist/ulramafic rocks with fracture-channeled migrating mineralized fluids depositing at the up-dip portion of the lithologic boundary or pounding within antiformal structures. Occurrence of vein breccias and sheeted vein structures suggest multiple hydrothermal/ mineralization events. Fracture-vein networks appear to be controlled by WNW sub- parallel, left-stepping, left lateral strike-slip faults transecting minor NE trending faults and fractures that become the loci and conduits for post-Paracale granodiorite intrusions and migrating gold-bearing hydrothermal solutions. Mineral Resource Inventory Target Resource within MLC-507 PROSPECT Anita West Ore (t) 424,807 Au g/t 1.65 Au oz 24,630 Au g 700,932 Big Vein North 77,580 2.30 5,749 178,434 Big Vein Central 37,380 3.53 4,243 131,951 Eluvial 474,836 0.80 12,148 379,869 Diamond 123,579 2.60 10,278 321,305 Teepee 40,977 2.00 2,648 81,954 Tugos Veins 1,188,000 10.80 412,553 12,830,400 TOTAL 2,367,159 6.18 470,252 14,624,845 A target resource potential of some 2.3 million tons at 6 g/t Au for 470,000 ounces from these quartz vein deposits is inferred from scoping studies based on the work by Andam (Benguet Corp.) and De Leon ( MGB for BMMR). Motton 2010 Potential Resource Estimates Bulawan ( 2007) tabulated as follows: Area Tonnage Ave. Grade Oz. Au Big Vein –Anita 1,686,466 2.01 g/t 109,121 Diamond – Salome 1,188,717 10.82 g/t 424,968 Potential Resource External and Adjacent to MLC 507 Resource Scoping Study, De Leon Area Tonnage Ave.Grade Oz. Au Tugos Veins 1,346,408 11.69 g/t 470,252 Drilling Program Summary Year Company No. of Holes Metereage 1987-88 Benguet 6 564.00 1996-97 Base Metals 15 1,529.85 1997-99 Placer Dome** 40 4,872.00 2006-07 Bulawan 33 2,853.66 94 9,254.51 Within the Tenement MLC- 507 78 Benguet Drilling at Big Vein and Anita East Placer Dome Drillholes, RC scout holes** Distribution of Drillholes by Prospects Company BigVein/Anita/ Coloran/Casalugan/Magsimalo/Tinga/ Omega/Sta. Barbara Tugos Benguet 2 4 Placer Dome 7 3 15 3 3 3 2 4 Base Metals 11 4 Bulawan 24 8 Summary of Proposed Drill holes Area No. of Drill Holes Meterage Big Vein – Anita* 20 4,000 m Diamond Veins ** 13 2,600 m Refer to Big Vein- Anita Map* Diamond Vein ** TIMETABLE In summary, the immediate program is to complete the drilling program on these two open-pit mining areas (Big Vein- Anita and Diamond Vein ) where some 33 drill holes have been programmed for a total of 6,600 meters. Previous drilling performance is at 25-30 meters per day per drill rig . Completion time of the drilling program will depend on the number of drills used simultaneously at a given time. Tabulated below are the technical programs, studies and plans that are pre-requisites, and /or are aids in the conduct and Declaration of Mine Project Feasibility Study. The preparation time in the conduct of each are tabulated separately . When conducted in the prescribed order, total preparation time is estimated at 3- 4 months.

1. Drilling Program
A r e a No. of DH Total Depths Completion time Big Vein- Anita 20 drill holes 4,000 meters 4.5 months Diamond Vein 13 drill holes 2,600 3.0
2. Negotiation with Claim Owners of Adjacent Properties 2.0 mos.
3. Ground Verification Survey of Claim Boundaries , 2.0 mos.
Drill hole,Trenches and Vein location
4. Declaration of Mine Project Feasibility :

( Technical Programs, Studies, and Plans ) Preparation time
1. Ore Sufficiency Determination 2 wks
2. Mineral Resource Report 2 months
3. Mine Feasibility Study 2 mos
4. 3 Year Work Program 1.5 mos
5. Environmental Impact Study ( to secure an ECC ) 2 mos Environmental Compliance Certificate
6. Environmental Protection and Enhancement Program 2 mos
7. Final Mine Rehabilitation /Decomissioning Plan 2 mos.
8. Social Development and Management Program 2 mos
9. Safety and Health Program 2 wks