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Sniper Resources Ltd. Analysts Briefing Presentation February

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Sniper Resources Ltd. Analysts Briefing Presentation February

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    4. Co-founder: Douglas H. McGibbon, Vice-President, Exploration Formerly Chief Geologist, Glamis Marigold Mining Company and Rayrock Mines, Inc. ; Exploration with Pinson Mining Company and Cordex Exploration Company also Credited with discovery of 10 million oz Au in Nevada

    9. Carlin type Au prospect Four miles from Barrick’s Bald Mountain Mine leach pad; newly accelerated exploration by Barrick in progress in the entire District Reserves of 2+ Million oz Au in District, multi-million oz Au cumulative production from Bald Mountain alone Pilot Shale, Chainman Shale, Joana Limestone, and Devil’s Gate Limestone host rocks present Significant lengths of leach grade oxide Au mineralization in Sniper’s ‘06-’07 drilling Altered dike newly recognized for property in Sniper’s drilling High grade random grab samples on surface

    14. Phase 1 Drilling Program Highlights SOP-06 155-215' 0.250 g/t (0.007 opt Au); includes 20 ft. at 0.011 opt Au SOP-09 (mostly Au anomalous to 350’,same site as SOP-05, which was mostly Au anomalous to 300’) also 285-295‘ ran 0.231 g/t (0.007 opt Au) SOP-10 (same site as SOP-06) 205-260' 0.526 g/t (0.015 opt Au); includes 10' at 0.040 opt Au and 25' at 0.014 opt Au

    17. Carlin type Au prospect, also prospective for skarn-hosted Au and tungsten Roberts Mountains and Hanson Creek Formations host rocks are present Historic skarn tungsten production Ore grade Au in now-reclaimed trench detected by regional prospecting program

    19. Carlin type Au prospect Roberts Mtns. and Vinini host rocks present Au/indicator elements anomalous in Tertiary(?) dike Grid/grab geochem anomalies Only one hole known to have been drilled on property (unknown party/results); looks very shallow from cuttings pile at site

    25. Carlin type Au prospect Roberts Mountains Formation, Pogonip Group, Hanson Creek Fm.(?), Joana Limestone(?), and Webb Fm. host rocks present Jasperoid with ore grade gold at both ends of property Will test intervening Tertiary volcanic covered area by drilling; program is approved and bonded

    30. A wildcat distal-disseminated and Carlin type prospect in Humboldt County; located a few miles north of Golconda About 8 miles west of Pinson Mine which produced over 1 Million oz Au and has a resource of nearly 2 Million oz Au (Atna-Barrick) About 2 ˝ miles east of Dutch Flat, which has recently been re-explored by Cordex for Piedmont Valmy Formation host rock present (contains several million oz Au at Goldcorp’s Marigold Mine) Depth to favorable “lower-plate” rocks may be small No known historic exploration

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