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The Astoria Block lies to the east of the Lake Gamble Block, and hosts the Astoria gold deposit.

In January 2005, P&E Mining Consultants Inc. prepared a resource estimate for the Astoria Block that showed an undiluted, open pit measured and indicated resource of 770,000 tonnes grading 2.57 grams of gold per tonne and an underground measured and indicated resource of 1,970,000 tonnes grading 4.51 g/t Au, for a total of 349,100 ounces of gold. Undiluted inferred resources amenable to open pit and underground mining totalled 14,000 tonnes grading 2.29 g/t Au and 385,000 tonnes grading 4.83 g/t Au respectively, for another 60,800 ounces of gold.

Technical Report

Eugene J. Puritch, P.Eng., P & E Mining Consultants Inc. - Open Pit and Underground Mineral Resource Estimate for the Astoria 1 Gold Project, Near Rouyn, Quebec - Amended Report - October 3, 2005 - NI 43-101 Compliant. PDF file 5,500K

Subsequent to the resource calculation in 2005, no exploration work was carried out on the Astoria Block as the Company focused its attention primarily on the Augmitto and Cinderella Blocks.

During 2008, the Astoria database consisting of thousands of samples from hundreds of drill holes, both underground and surface, has been compiled, corrected and incorporated in the overall Company database for the Rouyn property. These data were evaluated during 2009 as part of a program to select the most favourable drill sites to test the downward plunge of gold mineralization.

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