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Coal Project Summary

West Hawk has 3 coal projects in Canada. A qualified person has not performed sufficient work to classify the historical estimates as current mineral resources or mineral reserves and West Hawk is not representing the historical estimates as current mineral resources or mineral reserves. All figures presented are historical resources.

Currently, all exploration potential is conceptual in nature including quantity and grade. Insufficient exploration work has been done on the properties and all estimates are historical. It is uncertain if further exploration will result in discovery of a mineral resource. West Hawk has within its coal licences, in-place tonnage of approximately 1.8 billion tonnes of coal, with another 3.3 billion tonnes in exploration potential. Recently, coal prices have spiked as high as $275/tonne for metallurgical coal and $135/tonne for thermal coal.

Exploration Potential Target Summary

Groundhog Tulita Ellesmere Island

In-Place Tonnage (106 tonnes)

Total

Potential Exploration Target Estimates

700-750 5,500-5,750 6,200-6,500

Within West Hawk Coal Licenses

275-300 1,544 1,819-1,844

Exploration Potential

140-175 3,025-3,162 3,165-3,337

Coal Quality Anthracite Lignite Bituminous-Lignite

NI 43-101

Yes Yes Yes

Location

Province

Mt. Klappan, BC Northwest Territories Nunavut

Nearest City/Town

Hazelton Fort Norman Resolute, Eureka

Area

Acres 21,960 229,150 245,915
Hectares 8,887 92,737 99,518

Infrastructure

Distance to Rail

50 KM N/A N/A

Access to Deep Port

Prince Rupert/Kitimat No Yes
Pipeline No Enbridge No
Capacity N/A 20-30,000 BPD N/A






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