Annual Technical Report MLN 878 and MLN 879 Great Northern GR332 Year ending 31 December 2016

Abstract

During 2015, Newmarket Gold Inc. conducted a review of all assets and found that the Great Northern group of tenements, although being prospective, did not comply with the core asset criteria and strategic focus of the company. The Great Northern project is seen as a lower ranked target with limited future plans. The project was offered for sale and Monax Mining Ltd entered into a purchase agreement for the group of three tenements along with other tenements offered by Newmarket Gold Inc. However during 2016 the purchase agreement was rescinded by Monax Mining Ltd. The project area remains on offer for sale by Newmarket Gold Inc. This report shall discuss the exploration program Monax undertook over the group of tenements. This involved several reconnaissance surface sampling programs, whereby 30 rock chip samples were collected and a reverse circulation hole being drilled in the project area.