Silvertip Anialik Canoe Lake Regan Lake Eagle Hope Bay Napaktulik Lac de Gras Nebbish

Location: Eagle 180 KB, approx. 35 seconds at 56.6Kbps The eagle project is located approximately 510 km northeast of Yellowknife and 100 km southeast of the proposed port on Bathurst Inlet. Size: Approximately 3,365 ha of Nunavut Tunngavik Incorporated (NTI) parcel (BB-13) of Inuit owned Lands (IOL). Ownership: 100% North Arrow. Highlights: Property surrounds the Goose Lake and Boot Lake mining leases. At Goose Lake past drilling has delineated an inferred resource of 1.57 million ounces of gold. Property covered by high resolution airborne magnetic surveys. Property covers under explored stratigraphy around the Eagle and Ellice showings. Summary: The Eagle project consists of land holdings that are underlain mainly by Archean metasedimentary rocks of the Beechey Lake Group known to contain Au bearing iron formation. The project surrounds the Goose Lake and Boot Lake mining leases. The Goose Lake deposit has been reported as having an inferred resource of 3.89 Mt grading 12.51 g Au/t, or 1.57 million ounces of gold (Kinross 2003). High resolution airborne magnetic surveys carried out by Strongbow Exploration Inc., suggests the presence of untested iron formation on the Eagle property.

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