September 30, 2007 A MegaTem electromagnetic and magnetic survey was carried out by Fugro Airborne Surveys. A total of thirty, nine kilometer long traverse lines were flown, with a spacing of 400 m between lines, and 3 tie lines were flown with a spacing of 3300 m between tie lines totaling 275 km for the complete survey. The dominant feature outlined by the magnetic survey is a linear roughly north south trending magnetic high related to the Hay Duck intrusive. Several other magnetic responses were also detected within the survey area. Significant conductive responses were also outlined. Of interest is a response in the southwestern portion of the survey area that is on the down dip side of the magnetic response attributed to the Hay Duck intrusive. Also of interest is a conductive
response coincident with a linear magnetic feature located in the northwestern portion of the survey area. The magnetic and coincident electromagnetic response has a strike length of approximately 2.5 km, extending to the northern limit of the survey coverage. Magnetic and electromagnetic ground geophysical surveys were carried out over this target to detail anomaly axis location and select drill collar coordinates. North Arrow plans to drill test this target in early fall, 2008.