Agnerian Macusani

TECHNICAL REPORT ON MACUSANI
URANIUM PROJECT, PERU.

PREPARED FOR
FRONTIER PACIFIC MINING
CORPORATION AND
SOLEX RESOURCES CORP.
NI 43-101 Report
Author:
Hrayr Agnerian, M.Sc.(Applied), P.Geo.
RPA October 11, 2005
ROSCOE POSTLE ASSOCIATES INC.

Toronto, Ontario.
Vancouver, B.C.
Rouyn-Noranda, Quebec
ROSCOE POSTLE ASSOCIATES INC. www.rpacan.com
TABLE OF CONTENTS
PAGE
1 SUMMARY.................................................................................................................. 1-1
Executive Summary ................................................................................................... 1-1
Technical Summary ................................................................................................... 1-5
2 INTRODUCTION AND TERMS OF REFERENCE .................................................. 2-1
3 DISCLAIMER .............................................................................................................. 3-1
4 PROPERTY DESCRIPTION AND LOCATION ........................................................ 4-1
5 ACCESSIBILITY, CLIMATE, LOCAL RESOURCES, INFRASTRUCTURE AND
PHYSIOGRAPHY........................................................................................................... 5-1
6 EXPLORATION HISTORY ........................................................................................ 6-1
7 GEOLOGICAL SETTING ........................................................................................... 7-1
7.1 Regional Geology .......................................................................................... 7-1
7.2 Local Geology................................................................................................ 7-6
7.3 Tectonic Setting ............................................................................................. 7-6
8 MINERALIZATION .................................................................................................... 8-1
8.1 Mineralogical Studies .................................................................................... 8-2
8.2 Mineralized Areas.......................................................................................... 8-7
8.3 Controls of Mineralization............................................................................. 8-8
9 EXPLORATION........................................................................................................... 9-1
9.1 Detailed Geological Mapping ........................................................................ 9-1
9.2 Ground Geophysical Survey ........................................................................ 9-15
9.3 Exploration by Solex.................................................................................... 9-17
10 DRILLING................................................................................................................ 10-1
11 SAMPLING METHOD AND APPROACH ............................................................ 11-1
12 SAMPLE PREPARATION, ANALYSES AND SECURITY ................................. 12-1
12.1 Sample Preparation and Assays ................................................................... 12-1
12.2 Assay Quality Assurance and Quality Control ............................................ 12-1
12.3 Check Assays ............................................................................................... 12-2
12.4 Sample Security ........................................................................................... 12-3
13 DATA VERIFICATION .......................................................................................... 13-1
13.1 Data Verification by Frontier Pacific........................................................... 13-1
13.2 Independent Sampling by RPA.................................................................... 13-1
14 ADJACENT PROPERTIES ..................................................................................... 14-1
i
15 MINERAL RESOURCE ESTIMATES ................................................................... 15-1

16 EXPLORATION POTENTIAL................................................................................ 16-1
17 OTHER RELEVANT DATA AND INFORMATION ............................................ 17-1
17.1 Environmental Considerations..................................................................... 17-1
17.2 Uranium Market........................................................................................... 17-1
18 CONCLUSIONS....................................................................................................... 18-1
19 RECOMMENDATIONS.......................................................................................... 19-1
20 SOURCES OF INFORMATION ............................................................................. 20-1
21 SIGNATURE PAGE ................................................................................................ 21-1
22 CERTIFICATE OF QUALIFICATIONS................................................................. 22-1
23 APPENDIX............................................................................................................... 23-1
Sample Preparation and Analytical Methods Used at the Saskatchewan Research
Council, Saskatoon, Saskatchewan.......................................................................... 23-1
Mineralogical Description of Macusani Samples by the Environmental and Minerals
Division, Saskatchewan Research Council, (Samples Collected by GeoScott
Exploration Consultants Inc.) .................................................................................. 23-4
ii
LIST OF TABLES
PAGE
Table 1-1 Recommended Program and Budget ............................................................ 1-4
Table 1-2 Joint Venture Terms ..................................................................................... 1-5
Table 4-1 Mineral Concessions List ............................................................................. 4-1
Table 4-2 Joint Venture Terms ..................................................................................... 4-2
Table 6-1 Types of Uranium Mineral Occurrences in Peru.......................................... 6-4
Table 8-1 Whole Rock analyses, Major Elements........................................................ 8-2
Table 8-2 Whole Rock analyses, Trace Elements ........................................................ 8-2
Table 8-3 Commonly occurring Uranium Minerals ..................................................... 8-4
Table 8-4 Mineralogical Composition of Selected Samples......................................... 8-5
Table 9-1 Sampling Results, 2005 Exploration .......................................................... 9-13
Table 9-2 Statistics of Radiometric Survey ................................................................ 9-15
Table 12-1 SRC Laboratories Check Assay Results..................................................... 12-2
Table 13-1 RPA Independent Sampling Results .......................................................... 13-2
LIST OF FIGURES
PAGE
Figure 2-1 Macusani Property, Location Map.............................................................. 2-5
Figure 4-1 Macusani Property, Mineral Concessions Map .......................................... 4-4
Figure 7-1 Mineral Belts of Peru .................................................................................. 7-4
Figure 7-2 Macusani Property, Regional Geology ....................................................... 7-5
Figure 7-3 Macusani Property, Local Stratigraphy....................................................... 7-8
Figure 7-4 Macusani Property, Morphology and Lithology of Volcanic Rocks .......... 7-9
Figure 9-1 Macusani Project, Areas of Investigation ................................................... 9-3
Figure 9-2 Macusani Property, Calvario Area Geology and Mineralization................ 9-5
Figure 9-3 Macusani Property, Agaton Area Location of Showings............................ 9-7
Figure 9-4 Macusani Property, Agaton 2 Area Trenches ............................................. 9-8
Figure 9-5 Macusani Property, Tantamaco Area Geology and Mineralization.......... 9-11
Figure 9-6 Macusani Property, Esperanza (Block 8) Sampling Sites......................... 9-14
iii
1 SUMMARY
EXECUTIVE SUMMARY
Roscoe Postle Associates Inc. (RPA) has been retained by Mr. Peter F. Tegart,
President & CEO of Frontier Pacific Mining Corporation (Frontier Pacific), on behalf of
Solex Resources Corp. (Solex) and Frontier, to prepare an independent Technical Report
on the Macusani Uranium Project in southern Peru. The purpose of this report is to
provide our independent assessment of the mineral occurrences at a number of outcrops
with fracture-coated as well as disseminated secondary uranium mineralization in a vast
area underlain by Tertiary ignimbrites. The Technical Report is required to be
conformable to NI 43-101 Standards of Disclosure for Mineral Projects. RPA visited the
property from May 18 to 20, 2005.
Frontier Pacific is a reporting issuer listed at the TSX Venture Exchange (TSX-V). It
is involved in exploration for gold and uranium deposits, with a corporate office in
Vancouver, B.C. Its main interests are in two gold properties; the Perama Hill Gold
Project in northeastern Greece and the Dixie Creek Gold Project in Nevada. Recently,
the company signed a joint venture agreement with Solex to earn a 50% interest in the
Macusani Uranium Project, which comprises 54 mineral concessions covering a total area
of approximately 36,000 ha.
CONCLUSIONS
RPA has reviewed the recent exploration work carried out by Frontier Pacific and its
contractors. Based on our review, RPA concludes that:
! The uranium anomalous areas detected by ground radiometric (spectrometer)

surveys correspond with the edges of the cliffs, and are closely associated with
topographic contours on the altiplano.
! Three areas, varying in size from 120 m x 5 m to 50 m x 20 m, were detected by

ground radiometric surveys. These areas correspond to stratified ignimbrites
containing higher than background uranium content.
1-1
! All three areas of the known mineralized outcrops were detected with anomalous
equivalent uranium concentration (eU) contents.
! An airborne radiometric survey would likely detect uranium mineralization on the

Macusani Property, such as the three target areas.
! The eU, calculated from the spectrometer survey, ranges from 8 ppm eU to 36
ppm eU. RPA notes, however, that no direct correlation of uranium content (from
individual outcrops) and radiometric survey results has been made.
! The Uranium-to-Thorium ratio ranges from 0.4 to 1.9, and the areas with high
U/Th ratios (U/Th = 1.45 to 1.9) are coincident with the uranium highs.
! In general, the uranium content of the channel (chip) samples is approximately

one-third of that of the radiometric response.
! Uranium mineralization is controlled by fracturing in the host Tertiary

ignimbrites. Inter-flow and/or intra-flow contacts within the ignimbrites may also
act as conduits to concentrate uranium mineralization.
! Uranium minerals identified in chip samples are uranophane, occasional

pitchblende associated with meta-autunite and possibly weeksite.
! Since the samples collected to date are of weathered material on the surface, it is
uncertain, at this stage, if clay mineral alteration is associated with uranium
mineralization.
! Uranium mineralization encountered at the three target areas, where previous

trenching has been done, is highly variable; Assay results of samples collected
along fracture planes range from a low of 15 ppm U to a high of 19.5% U in a
grab sample at Tantamaco. The corresponding radiometric response may be up to
65,000 cps (SPP2) against a background response ranging from 200 cps to 300
cps.
! The over-all average of thirty (30) chip samples (excluding the above high-grade
grab sample at Tantamaco) collected from the mineralized fractures is
approximately 870 ppm U. This includes:
o Twelve samples from the Agaton area with an average of 447 ppm U,
within a range from 15 ppm U to 2,170 ppm U.
o Eight samples from the Calvario area with an average of 600 ppm U,
o Twelve samples from the Tantamaco area with an average of 1,327 ppm
U, within a range from 24 ppm U to 8,370 ppm U.
! RPA sampling results confirmed the presence of secondary uranium minerals.
1-2
! Uranium mineralization extends at least 2 cm outwards from the mineralized

fractures, in the form of disseminated fine yellow grains of meta-autunite, but it is
uncertain as to how far it extends away from the fractures. Occasional fine grains
of pitchblende are also observed.
! Uranium content at the trenches may vary considerably over a short distance (less
than one metre) at these locations and further detailed investigation is warranted
by Frontier Pacific.
! Frontier Pacific has identified a number of exploration targets. In RPA’s view,

detailed surface exploration and follow up drilling are warranted.
! The procedures used in field investigations and assaying are in keeping with
industry practices and standards.
! There is good potential for the discovery of additional uranium mineralization

within the vast property.
RECOMMENDATIONS
RPA recommends that ongoing exploration efforts continue, with the goal of
outlining areas of mineralization where mineral resources may be estimated. This would
be by delineating extensions to existing areas of fracture-filled secondary uranium
mineralization, by drilling. The objective of the recommended drilling also is to
investigate the possibility of uranium-bearing ignimbrites covered by younger non-
uraniferous ignimbrites.
Since the current targets are situated at the edges of cliffs at Agaton, Calvario and
Tantamaco, RPA recommends a program of Phase One diamond drilling to test the areas
extending from the mineralized fractures to a depth of approximately 15 m below the
surface. This would consist of a row of inclined holes (at -45°), collared 10 m apart and
10 m away, and testing a 100 m strike length from the main trench at each target area. At
an average length of 25 m for each hole, this phase of the drilling would total
approximately 275 m (11 holes of 25 m each) of drilling for each target area.
In addition, RPA recommends a second row of inclined holes 20 m apart and 20 m

away from the fractures, also testing a 100 m strike length of the target area. This would
total approximately 150 m (6 holes of 25 m each) of drilling for each target area. For the
1-3
three target areas, the total recommended drilling then would be in the order of 1,300 m
(3 x 425) for a program of approximately 50 short holes. At an estimated cost of
US$125, the budget for the diamond drilling program is estimated at approximately
US$160,000.
Prior to the drilling program, RPA recommends a program of Track-Etch surveys on

the relatively flat areas close to the ground radiometric anomalies, for an estimated cost
of approximately US$30,000. The objective of the Track-Etch survey is to detect
anomalous radioactivity (and associated uranium mineralization) below the non-
uraniferous ignimbrites at the surface.
Frontier Pacific plans for additional ground radiometric surveys consisting of 600
line-km to better outline nine anomalous areas on the rest of the Macusani Property.
RPA concurs with this program.
The total budget for the recommended program, including overhead and
administration, is estimated to be in the order of US$250,000. The recommended
exploration program and budget is summarized in Table 1-1.
TABLE 1-1 RECOMMENDED PROGRAM AND BUDGET

Frontier Pacific – Macusani Project
Estimated Budget
Type of Work No. of Holes Amount
(US$)
Radiometric Survey 600 ln-km 25,000
Track-Etch Survey 25,000
Diamond Drilling 51 1,275 m 160,000
Admin & General 40,000
Total 250,000
1-4
TECHNICAL SUMMARY
PROPERTY STATUS
Frontier Pacific holds an option to earn a 50% interest in 54 mineral concessions
covering a total area of approximately 35,700 ha in southeastern Peru. The mineral
concessions are located north and northwest of the Town of Macusani and approximately
200 km (straight line) north of the City of Juliaca, Department of Puno. In an agreement
dated April 29, 2005, Frontier Pacific will be the operator of the joint venture and can
earn the 50% interest in the property by spending a total of US$4 million on exploration,
issuing 400,000 of its shares to Solex and paying US$50,000 cash to Solex over five
years. The terms of the joint venture agreement are summarized in Table 1-2.
TABLE 1-2 JOINT VENTURE TERMS

Frontier Pacific Commitments

Item Start Year 1 Year 2 Year 3 Year 4 Year 5 Total
Exploration
400,000 350,000 500,000 900,000 1,850,000 4,000,000
Expenditures
Shares 200,000 50,000 50,000 50,000 50,000 400,000
Cash 50,000 50,000
LOCATION AND ACCESS

The Macusani Property is situated within the Province of Carabaya, Department of
Puno, in southeastern Peru. The property lies within the relatively flat Altiplano, at
elevations ranging from 4,200 m to 5,000 m above mean sea level, just north of the Lake
Titicaca Basin, in an area of subhorizontal Pliocene ignimbrites. The predominant
topographic feature in the area is the southeast flowing Macusani River and its tributaries,
with typical V-shaped incised valleys, which drain into Lake Titicaca near Juliaca. The
topographic relief in the area ranges from 200 m to 300 m.
Access to the Macusani project area is by paved road (approximately 65 km from

Juliaca) along the highway to Cuzco, and then approximately 135 km by all-season
gravel road to the Town of Macusani. The total road distance from Juliaca is
approximately 200 km. From Macusani the distances to the various prospects ranges
1-5
from 10 km to 35 km. All of the uranium target areas are accessible by gravel roads from
the Town of Macusani.
The climate in southeastern Peru is Alpine with a cold winter season with low
precipitation (as snow) from June through December and a warmer summer rainy season
from January through to May. The mean annual daytime temperature ranges from 8° C
to 11° C with an average annual precipitation ranging from 1,100 mm to 1,400 mm,
mostly as rainfall near Lake Titicaca.
Electrical power for the Town of Macusani is obtained from the Peruvian national
grid system. There are no facilities for electric power at the project site. Water is
available from local streams draining the area.
The Town of Macusani, located near the southeastern edge of the mineral
concessions, has a population of approximately 10,000 people. Transportation to
Macusani is by private vehicles and public buses.
The Macusani mineral concessions are in an area of low to moderate relief that offers
flat areas for future mine infrastructure. Elevations of the property range from 4,200 m
(in the eastern part) to 5,000 m (in the western part) above mean sea level. The area is
covered with sparse vegetation consisting exclusively of grasslands.
HISTORY
Historic prospecting activities in the Macusani district date back to the late 1970s.
Modern exploration in the Department of Puno started in 1977 by Instituto de Petróleo y
Energía Nacional (IPEN) of Peru. In 1978, IPEN discovered the first uranium showings
at Huiquiza and Tantamaco. This was followed-up by systematic radiometric prospecting
over an area of approximately 600 km2 underlain by the Quenamari Formation (1981 to
1982) and culminated in the discovery of numerous uranium showings. Consequently,
the area was named as the “Macusani District”.
1-6
The Macusani area was under an exploration moratorium by the Peruvian

Government until the mid 1990s, when the government of President Alberto Fujimori
lifted the ban and allowed mineral exploration in the area. Since the early 1980s, no
systematic uranium exploration has been carried out in the area. Due to the recent
significant increase in the price of uranium, some ten mining companies and individuals
have staked numerous mineral concessions in the area.
There are no records of mining of uranium deposits in the area of the property. A
number of tin and antimony occurrences are reported to be present, such as the San
Rafael tin mine some 50 km west of the property, the Tres Marias copper prospect and
several silver occurrences, many of them situated south of the present property.
GEOLOGICAL SETTING AND MINERALIZATION

The geomorphology of the southeastern part of Peru consists of seven major terranes.
From north to south these are; Amazon Plain, Sub Andean Zone; Eastern Cordillera;
Lake Titicaca Basin, Western Cordillera; Coastal Plain; and Coastal Cordillera. All of
these terranes, except the Lake Titicaca Basin, trend northwest. The Macusani project
area is situated along the western flank of the Eastern Cordillera and is bounded by the
Carabaya Cordillera to the west. The area contains a number of northwest trending
depressions, interpreted to be due to tectonism, which are filled by ignimbrites and other
pyroclastic rocks of the Pliocene Quenamari Formation ranging in age from 4 M.A to 17
M.A. The total thickness of the Quenamari Formation is estimated to be in the order of
400 m. The basement rocks in the area consist of Paleozoic schists, shales, quartzites,
limestones, dolomites and volcaniclastic rocks.
The Quenamari Formation comprises two sequences of volcanism, a basal series of

basaltic rocks and upper series of felsic pyroclastic rocks. Both series are subhorizontal
and consist primarily of lapilli tuff. The basal series covers areas of low relief, whereas
the upper series of ignimbrites are exhibited by areas of moderate relief, with common
columnar jointing along scarps. The rocks are in disconformable contact with the
underlying rocks. Overlying the upper series rocks is a 10 m thick unit of epiclastic tuff.
1-7
A layer of white lacustrine and glaciofluvial deposits, consisting mostly of clays,

silicified limestone volcanic sediments (tuff) comprise the top part of the lithologic
sequence in the area. Approximately 10% of the area in the general vicinity of the
Macusani Property is covered by this thin layer of Quaternary to Recent lacustrine and
glaciofluvial deposits and alluvium, mostly along the streams draining the area.
The Macusani Property is situated within the Chimbaya-Aricoma Mineral Belt, which
hosts the San Rafael tin mine. The area hosts numerous copper, silver, tin and antimony
occurrences. Many of these, however, are hosted by veins within volcanic or granitic
rocks.
A number of uranium showings have been discovered in the Macusani area, such as
the Puente Huiquiza, Pinocho, Chilcuno VI, Tantamaco, Calvario, Centro Concharrumio
and Chapi. These showings define a northwest trending zone approximately 25 km long,
along the eastern flank of an area underlain by ignimbrites.
Uranium mineralization in the Macusani area consists primarily of secondary yellow

to greenish yellow uranium minerals, such as coffinite (uranium silicate), autunite
(hydrated calcium-uranium phosphate), tyuyamunite (hydrated calcium-uranium
vanadate) and carnotite (hydrated potassium-uranium vanadate). Occasional grains of
black pitchblende occur as matrix material at some showings, and less common
pitchblende with dendritic habit are observed along some fractures as well. Typical
occurrences consist of fracture coated secondary (yellow) uranium, although
disseminated yellow grains also extend at least 10 cm to 15 cm into the wall rocks. This
is evident from results of limited mineralogical studies on thin sections.
There are at least seven fracture orientations which exhibit secondary uranium
mineralization. These are 0°, 015°, 045°, 060°, 075°, 130°, and 145°. Other fractures,
oriented within a few degrees of the ones listed, are also present. The more common
fracture orientations are at 135° to 145° and 020° to 035°. Post-mineral faults do not
appear to be present in the area.
1-8
EXPLORATION
Prior to the early 1970s, no exploration was carried out on the property. During the
early 1970s, IPEN carried out radiometric prospecting and trenching at some of the
anomalous areas. Since then prospecting has been the prominent exploration tool in the
Macusani area. Consequently, all of the discoveries of uranium mineralization have been
made from trenching of outcropping ignimbrites. Since there is no significant amount of
sulphides or intense clay alteration directly associated with the uranium mineralization,
there is no apparent geophysical response to the mineralized zones, other than
radiometric surveys.
Recently, Val d’Or Geophysique completed a program of ground radiometric

(spectrometer) survey with the objective of detecting anomalous areas, on behalf of
Frontier Pacific. The purpose of this survey was also to determine if an airborne
radiometric survey may be useful in this area. Recently, contractors for Frontier Pacific
have also completed an exploration program of anomaly investigation and detailed
geological mapping of selected target areas, scintillometer prospecting, trenching and
digging shallow pits and sampling in areas of radiometric anomalies. Additional
exploration, including drill testing of selected targets may be carried out later in 2005.
MINERAL RESOURCES
Historical Mineral Resources are reported from one (Chapi) area in the Macusani
area. RPA, however, has not reviewed these resources and cannot comment on the
reasonableness of the estimate. RPA is of the opinion that the reported resources are not
NI-43-101 compliant.
INDEPENDENT SAMPLING BY RPA

RPA collected a total of six (6) samples, from existing trenches of three target areas,
and sent them to Saskatchewan Research Council (SRC) Laboratories in Saskatoon,
Saskatchewan, for independent determinations of uranium content.
1-9
The RPA samples confirmed the presence of secondary uranium values. Two of five
samples, which were taken at essentially the same locations as the Frontier Pacific
samples, contained uranium values less than the Frontier Pacific samples, two samples
had considerably less uranium values and one RPA sample had a considerably higher
value.
These results indicate that the uranium content at the trench may vary considerably
over a short distance (less than one metre) at these locations and further detailed
investigation is warranted by Frontier Pacific.
EXPLORATION POTENTIAL
The Macusani Property covers a vast area underlain by Pliocene ignimbrites which
exhibit fracture-controlled secondary uranium mineralization. Disseminated secondary
uranium mineralization may also extend into the wall rocks of the fractured areas. At
least fifty-five (55) target areas have been discovered by previous work, of which three
were investigated by Frontier Pacific during the recent field program. There is good
potential for the discovery of similar uranium mineralization elsewhere on the property.
The prospecting, geologic mapping and trench/pit sampling has identified five
additional areas of uranium mineralization which warrant further investigation. There is
also potential for disseminated secondary uranium mineralization in the rocks nearby the
existing trenches. The extent and significance of this type of mineralization, however,
has yet to be determined.
1-10
2 INTRODUCTION AND TERMS OF

REFERENCE
In a proposal dated March 22 2005, Roscoe Postle Associates Inc. (RPA) was
retained by Mr. Peter F. Tegart, President & CEO of Frontier Pacific Mining Corporation
(Frontier Pacific), on behalf of Solex resources Corp. (Solex) and Frontier, to prepare an
independent Technical Report on the Macusani Uranium Project in southern Peru (Figure
2-1). The purpose of this report is to provide our independent assessment of the mineral
occurrences at a number of outcrops with fracture-coated as well as disseminated
secondary uranium mineralization in a vast area underlain by Tertiary ignimbrites. The
Technical Report is required to be conformable to NI 43-101 Standards of Disclosure for
Mineral Projects. RPA visited the property from May 18 to 20, 2005.
Frontier Pacific is a reporting issuer listed at the TSX Venture Exchange (TSX-V). It
is involved in exploration for gold and uranium deposits, with a corporate office in
Vancouver, B.C. Its main interests are in two gold properties; the Perama Hill Gold
Project in northeastern Greece and the Dixie Creek Gold Project in Nevada. Recently,
the company signed an option agreement with Solex to earn a 50% interest in the
Macusani Uranium Project, which comprises 54 mineral concessions covering a total area
of approximately 35,700 ha.
Information for this Technical Report, supplied by Frontier Pacific and Solex, was
collected during the site visit by RPA to the Macusani Property. Technical documents
and other sources of information are listed at the end of this report. Mr. Hrayr Agnerian,
M.Sc (Applied), P.Geo., Consulting Geologist with RPA, and the Qualified Person for
this Technical Report, visited the Macusani Property from May 18 to 20, 2005, including
the trenches at the Tantamaco, Chapi and Agaton target areas and other surface exposures
on the property. Mr. Agnerian is responsible for all the sections included in this
Technical Report.
2-1
This report is prepared in accordance with the requirements of National Instrument

43-101 (NI 43-101) of the Ontario Securities Commission (OSC) and the Canadian
Securities Administrators (CSA).
In preparation of this report, Mr. Agnerian reviewed technical documents and reports
on the Macusani Property and the general area in southern Peru supplied by Frontier
Pacific and Solex. Mr. Agnerian also held discussions with contractors and other
professionals knowledgeable on the project including:
! Susan A. Scott, M.Sc., P.Geo., F.G.A.C., Vice-President, GeoScott

Exploration Consultants Inc.
! William Scott, Ph.D., President, GeoScott Exploration Consultants Inc.
! Sheila Watters, Ph.D., P. Geo., Exploration Geologist, GeoScott Exploration
Consultants Inc.
! Ing. Washington Palacios, President, Minera Ecuatoriana and Project Field
Manager for Frontier Pacific
! Walter Cuba, Exploration Geologist, Solex
Prior to the site visit, Mr. Agnerian had discussions with Messrs. Peter F. Tegart,
President & CEO of Frontier Pacific, Mohan Vulimiri, Chief Geologist and Director of
Frontier Pacific, Jonathan Chalis, President of Solex and Sebastian Reidl, Chairman of
Solex.
For this report, RPA has carried out some independent sampling of a number of old
trenches from the Macusani project area. RPA sent these samples for independent assays
at the Saskatchewan Research Council Laboratory, Saskatoon, Saskatchewan. RPA has
not searched title to the property, and has relied on technical data contained in reports of
geological mapping, past exploration, development work and title documents supplied by
Frontier Pacific and Solex.
The key technical documents reviewed by RPA for this report are:
! The report entitled “Report of Geological Mapping and Sampling of Showings,

Macusani Uranium Project, Puno District, Southern Peru” by S.A. Scott and S.
2-2
Watters of GeoScott Exploration Consultants Inc. for Frontier Pacific , dated May
2005.
! The report entitled “Acquisition Report on Ground Radiometric Surveys,

Macusani Project, by VDG del Peru S.A.C. for Frontier Pacific, dated July 2005.
! The publication entitled “Consideraciones Geoquimicas de los Indicios Uraniferos

de Macusani, Puno (Peru).” by J. Valencia and G.P. Arroyo, in Bol. Soc. Geol.
Del Peru, Vol. 78, dated 1988.
! The publication entitled “Potencial Uranifero del Peru” by Juan E. Sosa B.,
Congreso Latinoamericano de Geología, dated 1954?.
Units of measurement used in this report conform to the SI (metric) system. All
currency in this report is US dollars (US$) unless otherwise noted.
The list of abbreviations used in this report is provided below.
2-3
" Micron km2 square kilometres

°C degree Celsius kPa kilopascals
°F degree Fahrenheit kVA kilovolt-amperes
"g Microgram kW kilowatt
A Ampere kWh kilowatt-hour
A Annum l litre
m3/h cubic metres per hour l/s litres per second
CFM cubic metres per minute m metre
Bbl Barrels M mega (million)
Btu British thermal units m2 square metres
CAN$ Canadian dollars m3 cubic metres
cps Counts per second (Scintillometer) min Minute
cm Centimeter masl metres above sea level
cm2 square centimetres mm Millimetre
D Day mph mile per hour
dia. Diameter MVA megavolt-amperes
Dmt dry metric tonne MW megawatt
Dwt dead-weight ton MWh megawatt-hour
ft Feet m3/h cubic metres per hour
ft/s foot per second oz/ton ounces per ton (short ton)
ft2 Square foot oz troy ounce (31.1035g)
ft3 cubic foot oz/dmt ounce per dry metric tonne
G Gram ppm part per million
G giga (billion) psia pound per square inch absolute
Gal Imperial gallon psig pound per square inch gauge
g/l grams per litre RL relative level
g/t grams per tonne s second
Gpm Imperial gallons per minute st short ton
gr/ft3 Grain per cubic foot stpa short ton per year
gr/m3 Grain per cubic metre stpd short ton per day
Hr Hour t metric tonne
ha Hectare tpa metric tonne per year
Hp Horsepower tpd metric tonne per day
in. Inch US$ United States Dollar
in2 Square inches USg United States gallon
J Joules USgpm US gallon per minute
k kilo (thousand) v Volt
kcal Kilocalorie w Watt
kg Kilogram wmt wet metric tonne
km Kilometre yd3 cubic yard
km/h kilometres per hour yr Year
CAN$ Canadian Dollar
2-4
0°
Quito
COLOMBIA N
ECUADOR Rio C
aque
ta
urá
Rio Rio Jap
Rio Na
Pa po
sta
za Rio Putumayo
Tumbes
Tumbes Amazonas Loreto Amoz
o
Iquitos n
Leticia
Talara
Piura
Rio M
a rañó
n PERU Rio
Ya
va
ri
ali
Sullana
cay
Piura
U
Rio
Paita
Yurimaguas
6° S Moyobamba
Chachapoyas
Cajamarca Tarapoto
Lambayeque San Martin Jur
uá
Chiclayo Rio
Cajamarca
BRAZIL
La Libertad
Ri
oH
Rio
ua
Trujillo
lla
Salaverry Pucallpa
M
South Pacific
a
ar a
ús
Pur
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n
Ocean Chimbote
Ancash Tingo María
Huaráz Huánuco
Huánuco
Ucayali
Pasco rús
Pu
Cerro de Pasco
Goyllarisquizga MACUSANI
Rio
URANIUM Alt
o
PROPERTY
Ri
Legend:
o
National Capital
Huacho Lima
Junín Madre de Dios
Uru
Department Capital M
ad
bam
Huancayo red
Secondary City Callao eD
12° S
ba
Lima Cuzco
ios
Puerto Maldonado
Department Border
Road Huancavelica
Quillabamba
Railroad Huancavelica Ayacucho
Rio
Apu Cuzco
International Border Pisco
rím
ac
Abancay
Ica Apurímac
0 100 200 300 400 Ica
Kilometres
78° W Nazca
Puno
Ayacucho BOLIVIA
Figure 2-1 Juliaca
Lago
Arequipa Puno Titicaca
Frontier Pacific Mining Corporation La Paz
Arequipa Desaguadero
Macusani Property Matarani
Puno, Peru Moquegua
Moquegua Tacna
Location Map 18° S
Ilo
Tacna
August 2005 72° W

CHILE
2-5
3 DISCLAIMER
This report has been prepared by RPA for Frontier Pacific Mining Corporation
(Frontier Pacific) and Solex Resources Corp (Solex). The information, conclusions,
opinions, and estimates contained herein are based on:
! Information available to RPA at the time of preparation of this report,
! Assumptions, conditions, and qualifications as set forth in this report, and,
! Data, reports, and other information supplied by Frontier Pacific and Solex.
For technical information on the Macusani Uranium Project, RPA has relied on a
report by GeoScott Exploration Consultants Inc. as well as a report by Val d’Or Geofisica
del Peru S.A.C. and reports by other consultants and technical publications. RPA has not
verified the technical information in these reports and publications, but has formed its
opinions on the geological continuity of the mineralized zones at Macusani, primarily on
the basis of this technical information. RPA has visited three areas of trenches and has
taken independent samples.
While it is believed that the information contained herein is reliable under the
conditions and subject to the limitations set forth herein, this report is based in part on
information not within the control of RPA and RPA does not guarantee the validity or
accuracy of conclusions or recommendations based upon that information that is outside
the area of technical expertise of RPA. While RPA has taken all reasonable care in
producing this report, it may still contain inaccuracies, omissions, or typographical errors.
3-1
4 PROPERTY DESCRIPTION AND LOCATION

The Macusani Property is located approximately 200 km north of the Town of
Juliaca, southeastern Peru. The property is close to several small villages. Frontier
pacific has an option to earn a 50% interest in 54 mineral concessions in the area,
covering a total of approximately 35,700 ha (Table 4-1 and Figure 4-1). The vast
property includes a number of small villages including Puerto Hiquiza, Cocachupa,
Chapi, Ocacaja and Chachaconniza.
TABLE 4-1 MINERAL CONCESSIONS LIST

Concession Name Number Approximate Area (ha)

Chapi “U” 1 900
Chapi II 2 900
Huarituña I 3 600
Huarituña II 4 600
Pacoccinca 5 400
Calvario II 6 400
Calvario III 7 400
Esperanza (Triunfo II) 8 900
Huiquiza 9 100
Tantamaco II 10 800
Triunfador 1 11 400
Tupuramani 12 400
Coipa II 13 600
Esperanza II 14 800
Esperanza III 15 900
Macusanita 16 400
Ninahuisa 17 600
Chachaconiza 18 500
Coipa I 19 600
Paccocinca 2 20 400
Ocacaja 1 21 600
Ocacaja 2 22 400
Minas Pata 23 400
Cocachupa 24 400
Huarituña 3 25 500
Salviani 26 400
Tantamaco 3 27 900
Tantamaco 4 28 1,000
Tantamaco 5 29 400
Killaya 30 400
Chachaconiza II 31 600
Esperanza IV 32 600
Huarituña IV 33 500
Chapi III 34 900
4-1
Chapi IV 35 600
Samilio I 36 1,000
Samilio II 37 800
Ninahuisa 2 38 600
Samilio III 39 900
Coipa V 40 1,000
Liocco 41 1,000
Ocacasa 3 42 800
Ocacasa 4 43 1,000
Chapi V 44 900
Paccocinca 3 45 1,000
Corani 2 46 1,000
Corani 3 47 600
Chilcuno 49 900
Silviani 2 50 800
Silviani 3 51 900
Huiquiza 2 52 300
Sillatoco 53 600
Samillia IV 54 1,000
Vanesa 55 400
Total 35,700
Source: Palacios, 2005
4.1 LAND TENURE

The original acquisition of the concessions was made by Solex by map-staking based
on geographic co-ordinates. The mineral concessions are located north and northwest of
the Town of Macusani and approximately 200 km (straight line) north of the City of
Juliaca, Department of Puno. In an agreement dated April 29, 2005 with Solex, Frontier
Pacific will be the operator of the joint venture and can earn the 50% interest in the
property by spending a total of US$4 million on exploration, issuing 400,000 of its shares
to Solex and paying US$50,000 cash to Solex over five years, as shown in Table 4-2.
TABLE 4-2 JOINT VENTURE TERMS

Frontier Pacific Commitments

Item Start Year 1 Year 2 Year 3 Year 4 Year 5 Total
Exploration
400,000 350,000 500,000 900,000 1,850,000 4,000,000
Expenditures
Shares 200,000 50,000 50,000 50,000 50,000 400,000
Cash 50,000 50,000
4-2
4.2 MINERAL CONCESSIONS

Under the Peruvian Mining Code and regulations, mineral concessions have
indefinite terms. They are issued by the National Institute of Concessions and Mining
Cadastre (Instituto Nacional de Concesiones y Cadastro Minero, INACC) upon receipt of
payment for the Effectiveness Fee of US$3.00 per ha for the first year, and the payment
of Administrative Fee equivalent to 10% of the effective Tax Unit. Mining concessions
range in size from 100 ha to 1,000 ha (MINEM, 2004), and they are subject to regulations
included in the following legislations:
! Supreme Decree No. 014-92-EM: Consolidated Amended Text (Texto Único

Ordenado – UTO) of the General Mining Act.
! Supreme Decree No. 018-92-EM: Regulations on Mining Procedures.
! Legislative Decree No. 708: Law for Investments Promotions in the Mining
Sector.
! Legislative Decree No. 913: Substituting Article 39 and Article 57 of the

Consolidated Amended Text of the General Mining Act.
Under the Peruvian Mining Code, all mineral concessions include the rights to
explore, develop, mine, extract, export, and sell the mineral commodities found and
produced from the concession. Solex is required to submit annual reports of its activities
and production statistics to the government, as well as quarterly reports on its exploration
activities.
4-3
314,000 318,000 322,000 326,000 330,000 334,000 338,000 342,000 346,000 350,000
0 2 4 6 8
8,472,000
Kilometres
Figure 4-1
8,468,000
R.
46 47
an
20
Gba
Corani R.
Frontier Pacific Mining Corporation
n
N
Sa
5
45 6 11 24
Macusani Property
8,464,000
35 44 Cocachupa
Macusani Uraniferous District
2
7 Mineral Concessions Map
1 Isvillo R.
Chapi
8,460,000
27
Kil
lay 34 August 2005
aR
.
30 21 LEGEND:
4-4
29
.
Ocacaja
iR
28
e R.
8,456,000
an
Drainage
um
rand
10
r
pu
Primary road
Tu 9 Puerto Huiquiza
uno G
22 o R.
3 12 un o Chie
Chilc Secondary Road
Chilc
42 49
43 52 Mineral Showing
4 6
8,452,000
23 Uranium Anomaly
41
25 Mineral Prospect
14
33 Chachaconiza Coipa R.
31 13 19 55
Mina Corani 40 54 Concessions Holdings
50
8,448,000
18 15 51 9 Solex Resources
R.
53 ilio
Sam Las Dunas de Oro S.A.C.
39 32 Corachapi S.M.R.L.
37 36 26
Alfonso Javier Alvarez
8,444,000
MACUSANI
R. Macusani R. Rio Tinto Zinc
Mina Revanona 38 ni
17 ia
www.rpacan.com
Sa
lv Minsur S.A.
Eduardo V. Luces Arias
R.
Victor Bulogio Chambi

ora
8,440,000
Santillo R.
Ac
Bear Creek Mining Company

16 Manuel Vega Ching
Colibri Mining North S.A.C.
314,000 318,000 322,000 326,000 330,000 334,000 338,000 342,000 346,000 350,000
5 ACCESSIBILITY, CLIMATE, LOCAL

RESOURCES, INFRASTRUCTURE AND
PHYSIOGRAPHY
The Macusani Property is situated within the Province of Carabaya, Department of
Puno, in southern Peru. The property lies within the relatively flat Altiplano just north of
the Lake Titicaca Basin, in an area of subhorizontal Pliocene ignimbrites. The Altiplano
also contains a number of hills and is incised with deep valleys with steep slopes and
moderate relief ranging from 200 m to 300 m relief.
Access to the Macusani project area is by paved road (approximately 65 km from

Juliaca) along the highway to Cuzco, and then approximately 135 km by all-season
gravel road to the Town of Macusani. The total road distance from Juliaca is
approximately 200 km. From Macusani the distances to the various prospects range from
10 km to 35 km. All of the areas are accessible by gravel roads from the Town of
Macusani. The Town of Macusani, located near the southeastern edge of the mineral
concessions, has a population of approximately 10,000 people. Transportation to
Macusani is by private vehicles and public buses.
The climate in southeastern Peru is Alpine with a cold and relatively dry winter
season with little snow from June through December and a warmer summer rainy season
from January through to May. The mean annual daytime temperature ranges from 8° C
to 11° C (Vargas et al 2003). It is common, however, to have overnight temperatures
below the freezing mark during the winter months. The average annual precipitation
ranges from 1,100 mm to 1,400 mm, mostly as rainfall near Lake Titicaca (The Internet).
The predominant topographic feature in the area is the southeast flowing Macusani
River and its tributaries, with typical V-shaped incised valleys, which drain into Lake
Titicaca near Juliaca.
5-1
Electrical power for the Town of Macusani is obtained from the Peruvian national
grid system. There are no facilities for electric power at the project site. Water is
available from local streams draining the area.
The Macusani mineral concessions are in an area of low to moderate relief that offers
flat areas for future mine infrastructure. Elevations of the property range from 4,200 m to
5,000 m above mean sea level. The area has typical Alpine vegetation; above the 4,000
m elevation it is covered with sparse vegetation consisting exclusively of grasslands,
woodland patches, scrub and occasional wetlands. Outcrops are common in the area
mainly along scarps and along road cuts. Overburden thickness ranges from a few
centimetres to two metres with an average thickness of approximately half a metre.
Overburden consists of unconsolidated conglomerate with pebbles and leached boulders
of volcanic rocks (the underlying bedrock) in a matrix of sand and minor clay.
Peru in general has a moderately developed infrastructure of communications, roads,

airports, and seaports and there is a fairly high literacy rate among the population with an
adequate supply of skilled and unskilled labour (Palacios, 2005).
The city of Puno, the capital of the Department of Puno in southern Peru, is situated
some 250 km southwest of the Macusani Property at the shore of Lake Titicaca, and the
city of Juliaca is situated approximately 200 km (by road) south of the Macusani
Property. Both of them are agro-industrial cities, and Puno also has a university.
Numerous towns and villages are located throughout the area and are used as a local base
for exploration activities on the various concessions. Infrastructure support and
availability of trained miners proximal to the various concessions is limited, but is
available since there are some producers in the area, such as the San Rafael tin mine,
some 50 km southwest of the property.
The land in and around the Macusani Property is used for agriculture. The villages in
the area use the land to raise llamas, alpaca and sheep, but it is not used to grow crops.
5-2
Wildlife in the area includes birds, and small mammals, such as viscaycha (a species of
rabbit), foxes, quirquincho (armadillo) and mice (Vargas et al 2003).
5-3
6 EXPLORATION HISTORY
6.1 MACUSANI DISTRICT
Historic prospecting activities in the Macusani district date back to the late 1970s.
Modern exploration in the Department of Puno started in 1977 by Instituto de Petróleo y
Energía Nacional (IPEN) of Peru. In 1978, IPEN discovered the five uranium showings
at Huiquiza and Tantamaco, namely the Huiquisa Derecha Nos. 1 and 2 Huiquisa
Izquierda, Cuychine and Tantamaco. Of these, showing (Huiquiza Derecha No 1) was
reported to exhibit sedimentary control, whereas the other four showings were interpreted
to be related to structures (Herrera and Rosado, 1984).
The initial discoveries were followed-up by systematic radiometric prospecting over

an area of approximately 600 km2 underlain by the Quenamari Formation (1981 to 1982)
and culminated in the discovery of numerous (at least fifty-five) uranium showings
(Figure 4-2). Consequently, the area was named the “Macusani District” (Flores et al,
1983). The following is a list of mineral occurrences discovered by IPEN with some
trenching.
! Agaton 1
! Agaton 2
! Calvario
! Chachaconiza
! Chachaconiza II
! Chapi II
! Chapi “U”
! Copcachupa
! Coipa I
! Coipa II
! Esperanza (Triunfo II)
! Esperanza II
! Esperanza III
! Huiquiza
! Huarituña I
! Huarituña II
! Huarituña III
6-1
! Killaya
! Macusanite
! Minas Pita
! Ninahuisa
! Ocacaja 1
! Ocacaja 2
! Paccocinca
! Paccocinca 2
! Tantamaco II
! Tantamaco 3
! Tantamaco 4
! Tantamaco 5
! Triunfador 1
! Tupuramani
! Salviani
Since the early 1980s, no systematic uranium exploration has been carried out in the
area and there are no records of mining of uranium deposits in the area of the property. A
number of tin and antimony occurrences are reported to be present, such as the San
Rafael tin mine some 50 km southwest of the property, the Tres Marias copper prospect
and several silver occurrences many of them situated south of the present property.
The Macusani area was under an exploration moratorium by the Peruvian

Government until the mid 1990s, when the government of President Alberto Fujimori
lifted the ban and allowed mineral exploration in the area. Since the early 1980s, no
systematic uranium exploration has been carried out in the area. Due to the recent
significant increase in the price of uranium, some ten mining companies and individuals
have staked numerous mineral concessions in the area.
6.2 OTHER AREAS

In the early 1970s, the Atomic Energy Control Commission (Junta de Control de
Energía Atómica, JCEA) of Peru embarked on a regional assessment program to evaluate
the mineral potential of the numerous radiometric anomalies reported to be present in the
country. These included some 400 mineral occurrences and 250 localities throughout
6-2
Peru (Sosa, 1972?). Based on this investigation, JCEA divided the total land mass
(1,285,000 km2) of Peru into four categories, as follows:
! Indeterminate areas covering some 250,000 km2, where no previous exploration

has been carried out.
! Not favourable areas, covering some 235,000 km2, where approximately 17% of
the areas had received some previous exploration.
! Relatively favourable areas, covering some 450,000 km2, where approximately

14% of the areas had received some previous exploration.
! Favourable areas, covering some 350,000 km2, where approximately 5.2% of the
areas had received some previous exploration.
JCEA further reported that of the total area of approximately 120,000 km2 which had
received some exploration, a large part, some 103,600 km2, had been covered by ground
radiometric surveys, as follows:
! Areas covered by airborne radiometric surveys: 10,900 km2.
! Areas covered by truck-mounted radiometric surveys: 6,000 km2.
! Areas covered by ground radiometric surveys and geological prospecting (on foot
or on horseback): 103,600 km2.
Based on previous radiometric and prospecting surveys JCEA classified the uranium
mineral occurrences in Peru into six types, as shown in Table 6-1.
6-3
TABLE 6-1 TYPES OF URANIUM MINERAL OCCURRENCES IN PERU

Type of Occurrence Host Rock Number of Location Department

Occurrences
Sandy layer Limestone, quartzite 2 Sayapulo & Cajamarca
Ollanta,
Vein deposit Limestone, argillite, 1 Colquijirca Pasco
chert
Rhyolite 1 Huashuacocha Cuzco
Limestone 1 Negrillas Cuzco
Metavolcanic rocks 1 Calderón Cuzco
Replacement type Recrystallized 1 Huamanapi Cuzco
limestone, dolomite
Marble 1 Puntarayoc Cuzco
Contact metasomatic Argillite 1 Sumbilca Lima
Metavolcanic rocks 1 Huayonay Cuzco
Volcanic Altered volcanic 1 Restauradora Huancavelica
rocks
Volcanic breccia, 1 Volcano No. 1 Huancavelica
argillite
Granite & granodiorite Kaolinized and/or 2 Ica Ica
argillized rock
Source: Sosa, 1972?
6-4
7 GEOLOGICAL SETTING
7.1 REGIONAL GEOLOGY
The geomorphology of the southeastern part of Peru consists of seven major terranes.
From north to south these are; Amazon Plain, Sub Andean Zone; Eastern Cordillera;
Lake Titicaca Basin, Western Cordillera; Coastal Plain; and Coastal Cordillera. All of
these terranes, except the Lake Titicaca Basin, trend northwest (Figure 7-1). The
Macusani project area is situated along the western flank of the Eastern Cordillera and is
bounded by the Carabaya Cordillera to the west. The area contains a number of
northwest trending depressions, interpreted to be due to tectonism, which are filled by
ignimbrites and other pyroclastic rocks of the Pliocene Quenamari Formation ranging in
age from 4 M.A to 17 M.A. (Figure 7-2). The total thickness of the Quenamari
Formation is estimated to be in the order of 400 m. The basement rocks in the area
consist of Paleozoic schists, shales, quartzites, limestones, dolomites and volcaniclastic
rocks.
The morphology of the “Macusani Volcanics” is a set of mesas with a total thickness
reaching 200 m. These rocks comprise Pliocene (4.1 MA) tuffs and ignimbrites
interlayered with minor volcanic breccias and conglomerates of rhyolitic to rhyodacitic
composition. They cover an area of approximately 400 km2 and contain a number of
uranium occurrences. Of the total 400 km2 covered by these rocks, only some 80 km2
have been explored to any extent (Herrera and Rosado, 1984).
A layer of white lacustrine and glaciofluvial deposits, consisting mostly of clays,

silicified limestone volcanic sediments (tuff), comprise the top part of the lithologic
sequence in the area. Overlying the upper series rocks is a 10 m thick unit of epiclastic
tuff. Approximately 10% of the area in the general vicinity of the Macusani Property is
covered by this thin layer of Quaternary to Recent lacustrine and glaciofluvial deposits
and alluvium, mostly along the streams draining the area.
The regional stratigraphy is described by Flores et al (1983), as follows:
7-1
! Ambo Group (Lower Carboniferous): Consists of a sequence of dark grey

carbonaceous shales alternating with grey silicified sandstones and calcareous
sandstone. Typical radiometric response in the shales is reported to be ranging
from 80 cps to 150 cps and ranging from 80 cps to 100 cps in sandstones. Based
on these low radiometric responses Flores et al (1983) classify these rocks as
NOT favourable for uranium mineralization.
! Mitu Group (Middle to Upper Permian): Consists of a sequence of shales and red
arkosic sandstones interlayered with purplish arkoses with porphyritic texture.
Typical radiometric response in the shales and sandstones is reported to be in the
order of 80 cps and in the order of 250 cps in the arkosic rocks. Geochemical
analyses also report that the uranium content in the latter rocks ranges from 0.8
ppm U to 1.2 ppm U. Based on these low radiometric and geochemical responses
Flores et al (1983) classify these rocks as NOT favourable for uranium
mineralization.
! Intrusive Rocks (Upper Paleozoic?): These rocks comprise medium to coarse-

grained biotite granite, moderately fractured and limonitized, with typical
radiometric response in the shales and sandstones is reported to be in the order of
200 cps. Based on these low radiometric responses Flores et al (1983) classify
these rocks as NOT favourable for uranium mineralization.
! Rhyolitic Porphyries (Tertiary?): These rocks are present in the western part of
the Quenamari Formation as well as at the Collpa, Corani and Chimboya
prospects. They are commonly grey in colour and contain fine to medium-
grained quartz, feldspars and biotite. They exhibit limonitization and are
associated with the major Nudo de Chimboya fault and host a number of Sb-As-
Pb-Zn-Cu showings in the area. Nevertheless, Flores et al (1983) classify these
rocks as NOT favourable for uranium mineralization.
! Quenamari Volcanics (Upper Tertiary to Pliocene): This is the host rock of

uranium mineralization in the area. It comprises a series of grey tuffs and
ignimbrites with rhyolitic to rhyodacitic composition. The Quenamari Formation
comprises two sequences of volcanism, a basal series of basaltic rocks and upper
series of felsic pyroclastic rocks. Both series are subhorizontal and consist
primarily of lapilli tuff. The basal series covers areas of low relief, whereas the
upper series of ignimbrites are exhibited by areas of moderate relief, with
common columnar jointing along scarps. The Quenamari volcanics have a total
thickness ranging from 200 m to 400 m and are in disconformable contact with
the underlying Ambo and Mitu groups of rocks.
! Pliocene to Pleistocene Deposits: These rocks comprise white to grey, coarse

grained but relatively friable volcanic sediments and agglomerates. They have
been formed due to the erosion of the Quenamari Formation. Typical radiometric
response is reported to be in the order of 200 cps. Based on these low radiometric
7-2
responses Flores et al (1983) classify these rocks as NOT favourable for uranium
mineralization.
! Quaternary Deposits: A mixture of glacial and glaciofluvial deposits cover the

western part of the area underlain by the Quenamari Formation.
7-3
75° 70°
Figure 7-1
0 100 200 300 400
Frontier Pacific Mining Corporation Kilometres

N
0°
Equator Macusani Property
Puno, Peru
Mineral Belts ofEcuador
Peru Colombia
Pacific
80°
Ocean Coastal
Plain
Inter
Andes
Brazil
PERU
Depression
Coastal
Cordillera
5° Mineral Belts
La Granja 1 Northern Copper Belt
Cerro 2 Pataz-Buildibuyo
Amazon 3 Sayapulo-Antamina
Corona Plain
1 4 Central Polymetallic Belt
5 Castrovirreyna
Yanacocha
El Toro 6 Andahuaylas-Yuari
Cajamarca 7 Chimbaya-Aricoma
Pataz 8 Puquio-Caylloma
2 9 Condoroma-Palca
Trujillo 10 Mala-Nazca
3 11 Paracus-Chala
12 Mollendo-Tacna
Tres Cruces 13 Nazca-Ocona
Antaminas 14 Southern Copper Belt
La Pierina
10° Cerro
Pachapaqui de Pasco
Majistral
Morococha
MACUSANI
North Casapalca Su
Venezuela ban
Atlantic Ocean dea
Colombia
4 Ea nZ
Ecuador LIMA ste on
Guyana French Guiana rn e
We Co
Suriname
ste rdi
rn lle
ra Tintaya
Co
rdi
San
lle Cuzco Rafael
Pe
Br a z i l ra
5
u r
Bolivia
10 Cotahuasi 6
Pa 7
rag
ua
y Arcata
15°
11 Lake
Chile 8 Titicaca
Nazca
Ocona
9 Basin Bolivia
South
Pacific 12
Ocean Argentina Uruguay Arequipa
Co
ast
al P Cuajone
Co lai
as tal n
South Co
Atlantic rd ille
Ocean ra
13 14
Toquepala Chile
August 2005
7-4
71°00’W Legend:
Cenozoic
Glacio - Fluvial Deposits
Ignimbrite
G. Puno
San Gabán
Mesozoic
Vilquechico Formation
Catacucho Formation
Oliaechea Paleozoic
C° CONCHARRUMIO Ayapata Mitu Formation
C° CALVARIO Copacabana Formation
CHAPI
Ambo Formation
TANTAMACO Ananea Formation
CHILCUNO VI
CHACACONIZA PINOCHO
14°00’S 14°00’S Hercynian Granite
PUENTE HUIQUIZA
Nepheline Syenite
MACUSANI
Uranium Showing
70°00’W
N
Crucero
71°00’W
0°
Quito
COLOMBIA
ECUADOR
Ananea
6°
Yuñani
BRAZIL
PERU Azangaro
MACUSANI URANIUM
PROJECT
70°00’W
12° Lima
South Pacific 0 10 20 30 40
Ocean
Kilometres
BOLIVIA
La Paz Figure 7-2

18° 78° 72° CHILE
Macusani Property
Puno, Peru
Regional Geology
August 2005 Source: Valencia & Arroyo, 1988
7-5
7.2 LOCAL GEOLOGY

The Macusani Property is situated within the Chimbaya-Aricoma Mineral Belt, which
hosts the San Rafael tin mine. The area hosts numerous copper, silver, tin and antimony
occurrences. Many of these, however, are hosted by veins within volcanic or granitic
rocks.
A number of uranium showings have been discovered in the Macusani area, such as
the Puente Hiquiza, Pinocho, Chilcuno VI, Tantamaco, Calvario, Centro Concharrumio
and Chapi (Figure 7-2). These showings define a northwest trending zone approximately
25 km long, along the eastern flank of an area underlain by ignimbrites. The local
stratigraphy is shown in Figure 7-3.
Within the Quenamari Formation, Flores et al (1983) have identified six layers which
comprise the Macusani Formation. These are identified based on the radiometric
response and textural differences, as shown in Figure 7-4.
7.3 TECTONIC SETTING

The Macusani Property is located within an area of volcanism, which is part of the
northwest trending Altiplano in southeastern Peru. Near the Town of Macusani, the
Quenamari Formation covers an area of approximately 600 km2, underlain mostly by
Tertiary to Recent volcanic rocks. Interpretation of field relationships, such as lithologic
contacts and structural features, indicates that uranium showings are genetically related to
the northwest, north and northeast trending fractures, i.e. the latter have acted as conduits
for mineralizing solutions along complementary structures. In general, fractures are 1
mm to 2 mm wide, and may be up to 1 cm wide where two fractures intersect each other.
No evidence of significant fault/tectonic –related fracturing was observed (Watters,
2005).
7-6
In general, the mineralized fractures are subvertical. In places, however,

subhorizontal fractures, also are mineralized, such as at the Tantamaco area. At this
location, the upper Yapamayo member of the Quenemari Group volcanic rocks exhibits
distinctive subhorizontal fracturing at the adit entrance. Similar features also are
observed at the Agaton 2 target area.
7-7
Layer
Thicness
Age
(metres) cps ppm U Texture Fracturing Lithology Anomalous Showing
Quaternary Dip Ignimbrite

80 Cover
v v v
v
v
v v v 4° - 5° NE
125 columnar Rhyolitic
6
v v v
70 v jointing
*
v
v v v
8
65
Local uncomformity, tuffaceous layers
5
60
v
v v
300
v v
4° - 5° NE
6 - 12
v Rhyolitic
50 150 columnar
4
v ignimbrite
v
MACUSANI FORMATION
v jointing
200 v v
v
v
PLIOCENE
40 v
200 v v
v 4° - 5° NE Mineralization in
6 - 10
150 v v fracturing Rhyolitic tuff fractures-sub-

3
v
v v sub-horizontal horizontal & vertical
200 v v
30
v v Ignimbrite,
150 v
v v rhyolitic
fragmental Indicated fracture
v 4° - 5° NE
12 - 40
(clastic) coating
v columnar
2
100 v aphanitic mineralization

v jointing
v matrix, (columnar jointing)
15 200 v v v well lithified
v
1000 v and porous
1000 v v Rhyolitic tuff
v Fractures coating
fragmental
200 v v v mineralization and
v (clastic)
4-5
v v v 4° - 5° SW at contact with
1
150 porous and

v v v Mitu formation
175 permeable,
v v with hematization
0 m. 800 friable
v
v
PALEO-
v
v Red sanstone
ZOIC
v
Mitu 100 v
and shales
50
* Uranium content determined from 1 or 2 representative samples.

v Piroclastics fragments 20 to 10 cm.
Lithic clasts 1 to 3 cm.
Figure 7-3

Note:
Radiometric response is in cps (SPP-2) Macusani
Macusani
Uranium
Property
Project
Background uranium concentration in ppm U Macusani Uraniferous District
Stratigraphy established near Tantamaco Village.
Local Stratigraphy
August 2005 Source: Flores et al., 1983.
7-8
Quaternary cover
Ignimbrite
UPPER TERTIARY Mineralized fractures....... Upper Chapi, Chacaconzo, Ocacaja

Tuff Showings
Ignimbrite....................... Pinocho, Esperanza, Chilcuno,

Kiguitian Showings
Mineralized fractures
Sedimentary textures (lenticular mineralization)
Chilcuno, Huiquiza showings
Mineralized fractures
MIDDLE TERTIARY
Colluvial deposits
Mineralization
Ignimbrites.............. Lower Chapi Showing
Tectonic fractures
LOWER TERTIARY
Ignimbrites
Basement
Lithologic detail of the ignimbrite layers in the second Middle Tertiary volcanic cycle
Tuff
Lapilli tuff
Agglomerate Figure 7-4

Macusani Property
Note: Thickness of units not to scale. General Morphology & Lithology
of Volcanic Rocks
August 2005 Source: Flores et al., 1983.
7-9
8 MINERALIZATION
Uranium mineralization in the Macusani District is typically fracture-controlled
secondary uranium in ignimbrites. Uranium was deposited at relatively shallow depth,
associated with occasional sulphide mineralization, typically from just below the surface
to a little over one hundred metres deep, from oxidizing, hydrothermal fluids with
temperatures ranging up to 700o C. This is interpreted from the presence of pink
andalusite crystals in the host ignimbrites. RPA notes, however, that recent
mineralogical (XRD) studies indicate only one peak for andalusite in one of the samples
investigated, as discussed below.
The volcano-plutonic arc of southern Peru is a favourable tectonic setting for this type
of mineralization. The general petrographic and geochemical characteristics and model
for this type of uranium mineralization is described by Valencia and Arroyo (1988) as
follows:
! The Quenamari Formation represents an important event of deposition of

pyroclastic rocks. Two lithologic varieties have been recognized. These are:
o White to grey relatively friable rhyolites with pseudo-fluidal texture and

vitreous fragments, where the fragments and phenocrysts show strong
preferred orientation (lineation).
o Similar white to grey rhyolites with common heterolithic fragments of
pelite (Paleozoic Mitu Formation), andesite, granite, quartzite, macusanite
(light grey to green unaltered volcanic glass), coarse-grained biotite and
obsidian, within a fine-grained matrix weakly to moderately altered
quartzo-feldspathic material.
! The presence of pink, medium to coarse-grained andalusite, in places oriented

along laminae (bedding), as well as macusanite fragments and tourmaline,
indicates an early stage of crystallization and an enriched fluid phase of the
magma.
! The presence of common devitrified glass, in the form of small, round

chalcedonic masses, surrounded by altered minerals (illite). This feature also
indicates an early stage of crystallization of the magma, and is commonly present
in the Recent lava flows of the Cordilleras.
8-1
8.1 MINERALOGICAL STUDIES

8.1.1 1988 STUDIES
Mineralogical and petrographic studies were carried out by Valencia and Arroyo
(1988) on representative samples of the Macusani region. Results are reproduced in
Tables 8-1 and 8-2.
TABLE 8-1 WHOLE ROCK ANALYSES, MAJOR ELEMENTS

Composition (%)
Sample SiO2 Al2O3 Fe2O3 MnO MgO CaO Na2O K2O TiO P2O5 F Total
MH-3 73.43 14.35 1.26 0.04 0.20 0.50 3.37 4.54 0.13 0.36 1.51 99.19
MH-4 72.39 14.36 1.36 0.03 0.20 0.59 3.20 4.87 0.14 0.42 1.60 99.61
MH-5 70.25 15.57 1.46 0.03 0.19 0.69 3.17 4.75 0.16 0.30 2.96 99.53
MH-6 72.10 14.28 1.24 0.04 0.20 0.60 3.16 4.78 0.10 tr 2.17 99.22
MH-7 71.43 15.38 1.38 0.04 0.21 0.66 3.69 5.50 0.22 0.27 0.79 99.58
MH-8 73.01 14.91 1.14 0.03 0.20 0.81 3.45 4.89 0.14 tr 0.99 99.57
MAC-9 73.22 16.13 0.76 0.06 tr 0.05 4.26 3.73 0.06 0.39 1.05 99.71
MH-A 68.35 16.59 2.37 0.05 0.43 0.58 2.68 4.26 0.35 0.26 4.02 99.94
MH-10 71.50 14.35 1.47 0.04 0.37 1.53 3.40 4.75 0.28 0.31 - 98.00
MAC-10 73.00 15.60 0.65 0.06 0.04 0.30 4.10 3.90 0.20 0.53 - 98.39
MH-1 71.10 15.60 1.03 0.04 0.05 0.81 3.20 5.00 0.15 0.37 - 98.15
MAC-1 72.20 16.30 0.59 0.06 tr 0.16 4.10 3.70 0.02 0.55 - 98.28
MH-2 72.65 14.68 1.29 0.04 0.24 0.65 3.25 4.84 0.12 0.35 1.55 99.64
Note: MH: Tuff, MAC: Macusanite, MH-A: Epiclastic tuff.

Source: Arroyo, 1988
TABLE 8-2 WHOLE ROCK ANALYSES, TRACE ELEMENTS

Composition (ppm)
Sample Br Co Cr Cu Ni Sr V Rb Li Th U
MH-3 246 26 <10 <10 <10 88 13 549 832 8.62 5.96
MH-4 280 28 <10 <10 <10 96 15 477 472 10.36 18.06
MH-5 279 21 20 <10 <10 103 22 466 347 10.30 12.16
MH-6 3332 38 <10 <10 <10 106 33 528 523 9.87 12.40
MH-7 351 62 <10 <10 <10 140 38 515 606 13.33 11.30
MH-8 475 17 <10 <10 <10 188 36 312 262 12.01 5.60
MAC-9 13 19 <10 <10 <10 13 17 600 3,220 2.27 18.44
MH-A 394 29 <10 <10 <10 168 29 420 429 17.33 466.67
MH-10 40 50 100 750 200 3.70 10.20
MAC-10 30 30 10 2,000 1,500 3.00 6.80
MH-1 10 8 70 490 1,100
MAC-1 900 2,700
Note: MH: Tuff, MAC: Macusanite, MH-A: Epiclastic tuff.
Source: Arroyo, 1988
8-2
Table 8-2 shows that the majority of the samples analyzed have thorium
concentrations higher than 100 ppm, and for the macusanite sample the concentration is
the lowest at 2.27 ppm Th, whereas the uranium concentration is 18.44 ppm U.
Similarly, sample MH-A contains 17.33 ppm Th and 466.67 ppm U, the highest value in
the group. This suggests that there has been a relative enrichment of uranium in relation
to thorium.
Uranium mineralization in the Macusani area consists primarily of secondary yellow

to greenish yellow uranium minerals, such as coffinite (uranium silicate), autunite
(hydrated calcium-uranium phosphate), tyuyamunite (hydrated calcium-uranium
vanadate) and carnotite (hydrated potassium-uranium vanadate). Occasional grains of
black pitchblende occur as matrix material at some showings, and less common
pitchblende with dendritic habit are observed along some fractures as well. Typical
occurrences consist of fracture coated secondary (yellow) uranium, although
disseminated yellow grains also extend at least 10 cm to 15 cm into the wall rocks. The
secondary (hexavalent) uranium minerals are interpreted to generate from primary
(tetravalent) uranium minerals (Valencia and Arroyo, 1988).
There are more than 150 uranium-bearing minerals that are known to exist, but only a
few are common. A general description of the more common uranium minerals is
presented in Table 8-3.
8-3
TABLE 8-3 COMMONLY OCCURRING URANIUM MINERALS

Mineral Chemical Formula Description

Steely black to brownish black crystals, usually cubic,
Uraninite octahedral; also massive (pitchblende); dense and
UO2
(Pitchblende) botryoidal; also dendritic (pitchblende). Most common
naturally occurring uranium mineral
Torbernite (meta- Thin to thick tabular crystals or scaly aggregates; emerald
Cu(UO2)2 (PO4)2 8-12H2O
torbernite) green to apple green; not fluorescent under ultraviolet light
Habit similar to torbernite; lemon-yellow, strongly
Autunite (meta- fluorescent under ultraviolet light. Secondary uranium
Ca(UO2)2 (PO4)2 10-12H2O
autunite) mineral commonly found in zone of oxidation and
weathering of veins containing uranium.
Occurs usually as bright yellow to lemon-yellow powdery
Carnotite K2(UO2)2 (VO4)2 3H2O mineral, dull or earthy; rarely as crusts or minute platy
crystals.
Weeksite K2(UO2)2 (Si6O14) 4H2O Uncommon uranium mineral, detected at Macusani
Occurs as canary-yellow to lemon-yellow or greenish
Tyuyamanite Ca(UO2)2 (VO4)2 nH2O scales, laths and aggregates. Not easily recognized
except by chemical or XRD tests.
Naturally occurring black mineral, commonly fine-grained
Coffinite U(SiO4)1-x (OH)4x
mixed with organic matter and other minerals.
Brown to black, crystalline to amorphous uranium mineral
Davidite (Ce,La)(Y,U)Ti,Fe5O38 containing rare-earth elements and titanium; found in
pegmatites.
Brannerite Yellow-green, brown or black crystalline (prismatic)
(U,Ca,Ce)(Ti,Fe)2O6
mineral, found in gold placers; highly radioactive.
Source: Berry & Mason, 1959, Weller, 1957, Wright’s Rock Shop (the Internet).
There are at least seven fracture orientations which exhibit secondary uranium
mineralization. These are 0°, 015°, 045°, 060°, 075°, 130°, and 145°. Other fractures,
oriented within a few degrees of the ones listed, are also present. The more common
fracture orientations are at 135° to 145° and 020° to 035°. Post-mineral faults do not
appear to be present in the area.
There have been additional detailed mineralogical studies on the Macusani samples
carried out by the Energy and Mines Sector of Instituto Geológico Minero y Metalúrgico
(INGEMMET) of Peru, on behalf of Solex, and XRD work by the Saskatchewan
Research Council (SRC) for Frontier Pacific. Results from the INGEMMET work are
presented in Table 8-4.
8-4
TABLE 8-4 MINERALOGICAL COMPOSITION OF SELECTED SAMPLES

Composition (%)
Sample Anorth Qtz. Autun Weeks Amorph Musc Crist Dam. Albite Ilm. Aug Others
VM-52 27.73 18.99 14.36 12.42 11.02 9.91 4.45 2.12
VM-53 23.98 15.62 39.13 2.58 3.79 8.74 2.20 3.36 0.60
VM-54 34.02 34.09 3.54 4.02 3.09 10.42 3.79 6.98
VM-55 20.72 19.46 8.68 8.15 6.08 5.72 4.03 11.52 3.97 11.67
VM-56 20.18 24.24 2.39 7.96 4.78 5.41 3.58 26.72 2.35 2.39
VM-57 26.17 33.95 1.74 7.38 5.48 6.08 3.49 13.72 1.99
VM-58 26.93 33.83 5.74 6.98 3.61 4.57 2.41 11.60 0.84 3.49
VM-59 17.64 22.77 31.99 0.63 2.28 4.64 3.40 14.88 0.80 0.97
VM-60 16.91 9.63 54.79 0.48 6.71 4.12 2.87 4.49
VM-61 22.08 28.44 16.38 5.10 5.10 8.10 8.49 1.47 3.89 0.95
VM-62 34.45 22.65 20.39 2.55 4.88 1.64 10.20 1.06 0.72 1.46
VM-63 28.17 25.27 6.26 6.77 5.20 16.47 1.02 3.72 7.13
VM-64 23.69 20.56 2.82 15.12 6.66 5.90 1.16 18.33 0.89 1.34 3.53
VM-65 35.06 21.71 1.32 6.97 4.26 2.32 2.32 22.06 1.35 1.55 1.08
VM-66 29.92 25.61 1.05 2.32 4.49 8.00 1.81 24.37 0.98 1.45
VM-69 18.84 15.18 44.19 3.09 2.67 0.56 11.81 0.93 1.69 1.04
Note: Anorth: Anorthoclase, Qtz: Quartz, Autun: Autunite/meta-autunite, Weeks: Weeksite, Amorph: Amorphous
mineral, Musc: Muscovite, Crist: Cristobalite, Dam: Damaraite, Ilm: Ilmenite, Aug: Augite, Others: Andalusite,
montmorillonite, riebeckite, actinolite, heulandite, grossularite, metavariscite, krauskofite.
Determinations carried out by INGEMMET using SHIMADZU XRD-600 Model diffractometer.

Source: Pacheco P., 2005.
Review of Table 8-4 indicates that:
! The combined content of secondary uranium minerals (autunite and weeksite)

ranges from 3.37% to 55.27%, with an average value in the order of 15% to 20%.
RPA notes, however, that only low-grade to trace concentrations of these minerals
are detected in the mineralogical (XRD) studies carried out at the Saskatchewan
Research Council, as discussed below.
! In general, both of these minerals are present in the samples analysed, but autunite
appears to be more common.
! The augite content ranges from 0.72% to 3.97%, with an average of

approximately 2.40%.
! Surprisingly, biotite is not detected in these samples. Whereas, field observations

indicate that medium to coarse-grained biotite commonly occurs in outcrops of
the ignimbrites and at the trenches.
8-5
8.1.2 2005 STUDY

As part of the recent geological work GeoScott sent fourteen samples for
mineralogical determinations by X-Ray Diffraction (XRD) at the Environment and
Minerals Division laboratory of the Saskatchewan Research Council (SRC). Results are
presented in the Appendix and are summarized by Quirt (2005) as follows:
! In general there is volcanic glass in the samples, but as it is amorphous to weakly

crystalline, it shows up by XRD as cristobalite. There is a variety of mineral
grains/crystals occurring within the matrix, some as black material (glass, biotite,
euhedral quartz), some as clear material (euhedral quartz, feldspar, phlogopite?) a
few as pinkish mineral (andalusite?), and a few as yellowish-green mineral
(weeksite?).
! Quartz and cristobalite, feldspar (mostly as K-spar ± plagioclase) and

biotite/phlogopite as the dominant minerals in the ignimbrite.
! Most samples do not contain any clay minerals. Although, two samples (31054
and 31056) appear to contain a smectites-like clay mineral.
! The disseminated yellowish-green mineral grains are too sparse and too small to
be identified by XRD. Texturally, these small (<1 mm) scattered globular masses
or “crystals” could be weeksite, and are not interpreted to be meta-autunite, which
commonly occur as greenish yellow to lemon yellow pseudomorphic crystals.
! In general, samples do not contain pyroxenes.
! In general, samples do not contain andalusite. Only one sample (31077) has a
single XRD peak in the proper position for andalusite.
! Two samples contain sufficient uranium-bearing material to provide mineral

identification. These are
o A fracture in sample 31058 contains yellow uranium oxide that is

identified as uranophane.
o The “high-grade” fracture filling material in sample 31089 is identified as

pitchblende surrounded by hematite (reddish-brown) which, in turn, is
surrounded by meta-autunite (yellow).
8-6
8.2 MINERALIZED AREAS

The discussion below on the geology and radiometric response of the mineralized
areas on the Macusani Property is taken from Scott and Watters (2005).
8.2.1 CHAPI
The Chapi prospect is located in an area four hour’s drive north from the Town of
Macusani. There are at least six parallel old trenches up to 200 m long in this area. A
significant result of >10,000 ppm U (>45,000 cps) in altered ignimbrites is reported from
IPEN.
8.2.2 CALVARIO
The Calvario prospect lies 1 ½ hours’ drive north from Macusani. It consists of a
steeply sloped, mesa-like hill with ignimbrite outcrop exposed around the rim. The
ignimbrite appears to be coarser-grained than at Chapi. Five small pits dug by IPEN
exhibit secondary uranium mineralization as yellow coatings on fractures. Other
occurrences are veins in outcrop with radiometric response as high as 29,000 cps against
a background in the order of 300 cps.
8.2.3 AGATON
The Agaton showings are located approximately 15 km west-northwest of Macusani.
Trenching in the area has discovered four showings known as Agaton 1, 2, 3 and 4
showings. Assay values from chip samples indicates uranium mineralization ranging
from background levels (11 ppm U to 25 ppm U) to low to medium grade mineralization
(610 ppm U to 2,170 ppm U).
8.2.4 TANTAMACO
The Tantamaco showings are located some 20 km north of Macusani. Four adits and
one trench have been blasted into the side of a hill. Uranium mineralization occurs as
yellow fracture-coating material as well as fine-grained disseminated material,
8-7
constituting 1% to 2% of the rock, up to 2 cm outward adjacent to the uranium-coated

veinlets in joints.
8.2.5 OTHER AREAS

In addition to the above four main areas of investigation, Scott and Watters visited
two other areas within the Macusani Property, as described under Exploration.
8.3 CONTROLS OF MINERALIZATION

There are two features which are reported to have controlled the uranium
mineralization in the Macusani area. These are intersecting subvertical fractures and
interflow contacts within the host ignimbrites.
8.3.1 FRACTURES AND JOINTS

Uranium mineralization in the Macusani area commonly occurs as bright yellow and
greenish-yellow amorphous material (and occasionally black pitchblende) exposed on
fracture/joint surfaces in the old trenches. Most fractures and joints are subvertical. No
evidence of significant fault/tectonic-related fracturing was observed. Many joint faces
in the trenches display patchy coatings of uniform yellow uranium mineral; thickness is
estimated to be on average 1-2mm. Occasionally, within a few dm of the intersection of
two U-mineralized joints, the veinlets thicken up to 1cm (Scott and Watters, 2005).
Some joint faces are not mineralized. This may be due to the weathering and erosion
of previous fracture coatings. Elsewhere, the presence of yellow flakes and powdered
mineral on trench floors, may explain the lack of secondary uranium mineralization along
those fractures in the trenches.
Sub-horizontal fractures/joints are also present, but the limit of vertical exposure in
trenches makes it difficult to estimate the significance of “horizontal” versus “vertical
mineralized planes. “Uranium mineralization was not observed within the anastomosing
subhorizontal planes at Agaton 2, though it might be effectively weathered out of those
8-8
exposures”, such as at Tantamaco, where the uranium veins may be as thick as 4 cm

(Scott and Watters, 2005).
8.3.2 INTER-FLOW AND INTRA-FLOW CONTACTS

The subhorizontal fractures at Tantamaco may represent ignimbrite flow contacts, or
possibly boundaries within individual flows. Due to the limited amount of recent field
investigations, however, Scott and Watters have not been able to determine these features
with any certainty.
8.3.3 DISSEMINATED MINERALIZATION

Disseminated uranium mineralization, comprising 1% to 2% of the rock, occurs
locally along the wallrock of the joints and fractures at some of the trenches. Such
mineralization occurs as fine yellow blebs of uranium minerals extending at least 2 cm
outwards from the fractures coated with secondary uranium minerals. Other types of
disseminated mineralization are described by Scott and Watters (2005) as follows:
! In porous ignimbrite: An extensive disseminated mineral that is less brilliant

yellow (unidentified) greenish-yellow, may or may not be uraniferous. Ignimbrite
fragments locally have concentrated disseminated uranium minerals in the
wallrock near uranium-bearing joints, such as at Agaton 1 and 2, where the
ignimbrite flows are considered to be more porous.
! Associated with biotite mafic minerals: In places, uranium mineralization along

fractures appears to be associated with local concentrations of coarser biotite and
pyroxene crystals. Whether this feature has a genetic relationship to uranium
mineralization is not known.
! Weathering process: Leaching and weathering of surface material appears to be a

significant factor in all showings except the four Tantamaco adits, where the rock
is relatively fresh. Scott and Watters (2005) note that:
o At Chapi, the old IPEN trenches were excessively slumped, and the
ignimbrite had weathered to white sand, with obvious uranium minerals
often absent. Only in cases where trenches had sheltered, overhanging
walls, was yellow uranium mineralization visible.
8-9
o At Calvario, the ignimbrite forming the rim of the mesa structure is

competent at most locations, with only short stretches of weathered
material forming a steep slope.
o At Agaton, most of the trenches appear competent and firm. However, the
horizontal rock fractures appear more crumbled than the vertical ones,
have a weathered appearance, and display less mineralization.
8-10
9 EXPLORATION
Prior to the early 1970s, no exploration was carried out on the property. During the
early 1970s, IPEN carried out radiometric prospecting and trenching at some of the
anomalous areas. Since then prospecting has been the prominent exploration tool in the
Macusani area. Consequently, all of the discoveries of uranium mineralization have been
made from trenching of outcropping ignimbrites. Since there is no significant amount of
sulphides or intense clay alteration directly associated with the uranium mineralization,
there is no geophysical response to the mineralized zones.
9.1 DETAILED GEOLOGICAL MAPPING

During the month of May 2005, a team of geologists from GeoScott carried out
detailed geological mapping and anomaly verification of previously reported radiometric
showings (Figure 9-1). GeoScott used Global Positioning System (GPS) instruments to
locate target areas and Exploranium Spectrometers (SPP2) to measure radioactivity. The
following is a brief account of the work completed by GeoScott.
9.1.1 CHAPI
The primary target at Chapi is the extension of uranium mineralization in between the
trenches. At the time of the field visit, Solex had applied for the mineral concession
covering this target area. Subsequently, however, Solex and Frontier Pacific learned that
they were not granted this concession by the Government of Peru. Nevertheless, the
geology of the anomalous area and field observations at this locality are, as follows:
! The ignimbrite material in the trenches has been extensively weathered to white
sand, possibly suggesting a significant clay component. Minor yellow secondary
uranium mineralization can be seen locally, where trench walls overhang, but
most of what may have originally been in the fresh trenches has probably been
leached out by weathering. Spectrometer counts taken during the orientation visit
were high locally - up to 13,500 cps. Some historic drilling is reported to have
been made by IPEN, and a resource outlined, but results are not available to RPA.
9-1
! In one of the trenches, radioactivity as high as >65,000 cps is encountered along

fractures with abundant yellow secondary uranium mineralization (weeksite?
meta-autunite?). It is interesting to note that local herdsmen have used this
material to build walls for their corrals.
! Elsewhere in this area, minor dendritic pitchblende(?) was observed along one of
the fractures.
! The ignimbrite at these showings is comprised of predominantly quartz (up to 3-

4mm), plagioclase and volcanic glass, with rare biotite, black pyroxene crystals,
and pink andalusite <1mm in size.
9-2
314,000 318,000 322,000 326,000 330,000 334,000 338,000 342,000 346,000 350,000
0 2 4 6 8
8,472,000
Kilometres Figure 9-1

N Frontier Pacific Mining Corporation
8,468,000
R.
46 47
Macusani Property
an
20
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Macusani Uraniferous District, Peru
Sa
5
45 6 11 24 Areas of Investigation
8,464,000
35 44 Cocachupa
2
2 August 2005
7
1 Isvillo R.
Chapi
8,460,000
LEGEND:
27
Kil
lay 34 9 Solex Resources Concessions
aR
.
30 21 Areas Investigated by
GeoScott & Consultora
9-3
29
.
Ocacaja
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28
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Geologica Minera
8,456,000
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3
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10 1. Tantamaco
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42 49 4. Corani
43 52 5. Agaton
4 6
8,452,000
23 1 Note:
41
25 Area 2, 3 & 5 investigated by
14
33 Chachaconiza Coipa R.
GeoScott
31 13 19 55 Areas 1 through 5 investigated by
Mina Corani 40 54
50 Consultora Geologica Minera
8,448,000
18 15 51
4 io R
.
53 Sa mil
Areas of Geophysical
39 5 32 (Radiometric) Survey
37 36 26
8,444,000
MACUSANI Drainage
R. Macusani R.
Mina Revanona 38 ni
17 ia Primary Road
www.rpacan.com
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Sa
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Mineral Showing
R.
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8,440,000
Santillo R.
Ac
Uranium Anomaly
Mineral Prospect
16
314,000 318,000 322,000 326,000 330,000 334,000 338,000 342,000 346,000 350,000 Source: Palacios, 2005.
9.1.2 CALVARIO
The Calvario area contains five small pits dug by IPEN (Figure 9-2). The top of the
hill is gently domed, and mainly overburden covered to a shallow depth of generally less
than 30 cm. Scott and Watters are of the opinion that IPEN did not investigate the
bedrock under the shallow overburden covering the top, since there is no evidence of
stripping there. GeoScott investigated three showings. These were:
! Showing No. 1: An east-southeast trending vertical vein/fracture (Az. 115°) with

radiometric response ranging from 30,000 cps to 56,000 cps (on the fracture), in
weathered ignimbrite. The vein pinches and swells from 1 mm to 5 mm in
thickness and contains secondary uranium mineralization.
! Showing No. 2: An east trending vertical vein/fracture (Az. 095°) with

radiometric response in the order of 3,100 cps (reading taken 1 m above the
ground), in weathered ignimbrite. The rock contains abundant quartz (35%) and
andalusite (~1%). Assay results of chip samples returned 2,050 ppm U at this
locality.
! Showing No. 3: A short, east-southeast trending vertical fracture with a narrow

seam of black pitchblende in weathered ignimbrite. A chip sample taken across
the fracture returned 1,500 ppm U. The rock contains abundant andalusite and
pyroxene (2% to 31%) and secondary uranium mineralization.
! Showing No. 4: Two narrow small pits, 9 m apart, exhibit radiometric response
ranging from 23,000 cps to 29,000 cps. Chip samples collected across
mineralized fractures, however, returned only low values of 20 ppm U and 122
ppm U, respectively (Scott and Watters, 2005).
! Showings No. 5 and 6: This is a collection of mineralized blocks of ignimbrite.

Since it is uncertain if they are in place, they were not sampled. Nevertheless,
radiometric response was 49,000 cps and 17,000 cps for showings No. 5 and No.
6, respectively.
! Showing No. 7: This showing also is a collection of angular blocks of mineralized

ignimbrite with a radiometric response of 38,000 cps. A grab sample of
unmineralized material returned 52 ppm U.
! Showing No. 8: This is a small pit 80 cm across and 50 cm deep in weathered and
mineralized ignimbrite with radiometric response of up to 4,500 cps along
fractures. A chip sample of material parallel to, but not on, a fracture returned
138 ppm U.
9-4
332,400
332,500
332,600
332,700
332,800
332,900
52 ppm U 138 ppm U
7 (31075) 8 (31076)
8,465,000
5, 6
3 (31072)
1500 ppm U 8,464,900
4a,b (31073,74)
20 ppm U, 122 ppm U
Ignimbrites cevered
with thinoverburden 8,464,800
“G Vein”
8,464,700
770 ppm U, 144 ppm U
1 (31070,71)
Overburden 8,464,600
2 (31069)
2050 ppm U
0 100 200 300 400

Metres
Figure 9-2
Legend: Frontier Pacific Mining Corporation

GeoScott sample number
Macusani Property
2 (31069)
Showing number Macusani Uraniferous District
Calvario Area Geology
& Mineralization
September 2005 Source: Scott & Watters, 2005.
9-5
9.1.3 AGATON
The Agaton area contains four showings known as Agaton 1, 2, 3 and 4 showings
(Figures 9-3 and 9-4). Assay values from chip samples indicates uranium mineralization
ranging from background levels (11 ppm U to 25 ppm U) to low to medium grade
mineralization (610 ppm U to 2,170 ppm U). These are described as follows:
! No. 1 Showing: This showing covers an area of 55 m x 20 m and consists of a

series of blasted trenches on a steep slope. The main trench “C” is dug along
Azimuth 110° and exhibits similarly oriented mineralized fractures with yellow,
amorphous uranium minerals. Disseminated uranium mineralization also is
present in the pumice-like ignimbrites. In trench “B”, subhorizontal fractures are
associated with uranium mineralization ranging from 636 ppm U to 2,170 ppm U
(Samples 31057 to 31059 in Table 9-1).
! No. 2 Showing: This showing covers an area of 120 m x 5 m and consists of three
small trenches on a steep slope (Figure 8-3). Radiometric response ranges from
1,400 cps to 10,000 cps along many fractures. The most prominent are oriented at
Azimuth 003°, 065° and 100°. Greenish yellow and yellow minerals are observed
associated with some lithic fragments, 0.5 mm to 10 cm in size, which constitute
approximately 20% of the ignimbrite.
! No 3 Showing: This area is located west of Agaton No. 1 Showing, across a small
valley. It consists of an extensive series of blasted trenches on a steep slope,
roughly parallel to that at Agaton No. 1 Showing. No sampling was done at this
locality.
! No. 4 Showing: This showing covers a small area (approximately 1 m2) of two
subvertical fractures trending at Azimuth 120° and 155°, with radiometric
responses ranging from 3,200 cps to 5,300 cps.
9-6
N Agaton 4
(no trenching) 8,447,700
elev. 4902 m
8,447,600
Agaton 2
(3 trenches) 8,447,500
4880 m
8,447,400
31090
11 ppm U
8,447,300
331,000
331,100
331,200
331,300
331,400
331,500
331,600
331,700
8,447,200
8,447,100
Tr 8,447,000
a il
Agaton 3 Agaton 1 8,446,900
4845 m 4860 m
8,446,800
0 100 200 300 400 Figure 9-3
Metres
Legend: Frontier Pacific Mining Corporation

Orientation of subvertical fraction Macusani Property
31090 GeoScott sample number Macusani Uraniferous District
Agaton Area
Location of Showings
9-7
N
Scintillometer
1200-1800 cps
WPT 20
0.6 m chip sample (31063)
122 No obvious U vein material in sample
U 50
Yellow U mineral
95 Powdered yellow U mineral.
U On sub horiz. Surface WPT 21 No obvious U vein material in sample
Yellow U mineral uncertain if U in place 0.4 m chip sample (31062)
plus possible
pitchblende Trench 2 102
20 to 80 cm high vertical face
U
U
9-8
20
Trench 1
0
U WPT 22
0 5 10 15 20 25
1.05 m chip sample 0.4 m
Metres 58 U 10
(31064) 0.65 m 130
Figure 9-4 No obvious U vein material in sample
Frontier Pacific Mining Corporation Trench 3
www.rpacan.com
Macusani Property
Macusani Uraniferous District Legend:
31062 GeoScott sample number
Agaton 2 Area Trenches
9.1.4 TANTAMACO
Adits and the open trench at Tantamaco follow gently south to southwest-dipping
uranium-bearing fracture surfaces, which may represent ignimbrite flow contacts, or
boundaries within individual ignimbrite flows (Figure 9-5). Uranium mineralization
occurs as yellow fracture-coating material as well as fine-grained disseminated material,
constituting 1% to 2% of the rock, up to 2 cm outward adjacent to the uranium-coated
veinlets in joints. A more extensive disseminated mineral that is less brilliant, greenish-
yellow coloured, which is not yet identified, but may be a uranium mineral. Locally,
relatively more porous ignimbrite fragments appear to have disseminated the uranium-
bearing minerals in the wall rock near the joints and fractures. In places, some
mineralized fractures appear to have nearby concentrations of larger biotite and pyroxene
crystals. It is uncertain if this feature has any genetic relationship to uranium
mineralization in the area (Watters, 2005).
Scott and Watters (2005) describe the total area of mineralization to comprise
approximately 100 m by 20 m, exposed by three adits. Assay values from chip samples
indicates uranium mineralization ranging from background levels (24 ppm U to 200 ppm
U) to medium grade mineralization (565 ppm U to 8,370 ppm U), with one grab sample
containing as high as 195,000 ppm U (19.5% U). These are described as follows as
follows:
! Adit No. 1: This 14 m long adit is oriented at Azimuth 263° with a -10° slope. It
is dug along an east trending and gently south dipping (10°) mineralized fracture.
An intersecting 3 mm thick vertical fracture that strikes 155°, with yellow
secondary uranium mineralization, is observed at the entrance of the adit. A
sample (No. 31088) collected some 9 m south of the adit entrance, returned 235
ppm U. Assay results of other samples are presented in Table 9-1.
! Adit No. 2: This adit was not investigated, because the entrance was considered to
be too dangerous (Scott and Watters (2005).
! Adit No. 3: This 18 m long adit is oriented at Azimuth 230° with a -20° slope. It
is dug in fine-grained ignimbrite with up to 30% quartz and black pyroxene (3%).
Volcanic glass (2 mm to 4 mm) and pink andalusite crystals (<1 mm and
approximately 0.5%) are also present. Mineralization consists of secondary
yellow, amorphous uranium with canary yellow/orange acicular growth.
9-9
Mineralized fractures at the entrance are oriented at Azimuth 155° and dip gently
(15°) to the north. Chip samples taken along the vertical walls returned 565 ppm
U and 721 ppm U, with corresponding radiometric responses of 45,000 cps and
65,000 cps, respectively. Assay results of other samples are presented in Table 9-
1.
! Adit No. 4: This adit is oriented at Azimuth 220° with a gentle downward slope.
It is dug along a southeast trending (Az. 140°) and gently southwest dipping (12°
to 35°) mineralized fracture. Radiometric response at the entrance of the adit was
24,000 cps. The rocks at this adit are strongly altered (bleached?) with common
pink andalusite and black pyroxene crystals still visible.
! Trench No. 5: This northeast oriented (Az. 052°) trench is 15 m long across, 1.5
m wide and 3 m deep in weathered and mineralized ignimbrite with radiometric
response of up to 21,000 cps along fractures. Two southeast trending and gently
northeast dipping fractures are observed at the western end of the trench. Assay
results indicate low uranium values.
9-10
(31081)
N 8,457,110
Sub horizontal fractures 2/m
16,000 cps
OPEN TRENCH #5
(4287 m) Edge of outcrop area
ADIT #4 8,457,100
2-3 fractures/m
U 15°
105°
U 20°
130° 35° ADIT #2
12° 140° Local1cm U ADIT #3 8,457,090
~2 m apart u mineralization GPS location
20°
150° Ra 15°
is
? e5m 150° ?
? .
? 8,457,080
(31086)
U on 2 parallel fractures
0.9 m apart. 0.4 m highly fractured zone
(31089)
8,457,070
9-11
U (4361 m)
Adit fractures follows this wall 90° ADIT #1
10°
155°
8,457,060
31087 GeoScott Sample Number (31087)
Irregular, shallow dip
Vertical fractures has yellow U mineral
fractures
up to 3 mm thick - ends upward at the
90°/105° fracture zone in roof.
8,457,050
338,940
338,950
338,960
338,970
8,457,040
Figure 9-5
0 5 10 15 20 25
Frontier Pacific Mining Corporation Metres
www.rpacan.com
8,457,030
Macusani Property
338,980
338,990
339,000
339,010
339,020
339,030
339,040
339,050
339,060
Tantamaco Area Geology and
Mineralization
August 2005 Source: GeoScott, 2005.
9.1.5 OTHER AREAS

In addition to the above four main areas of investigation, Scott and Watters visited
two other areas within the Macusani Property, as described below.
ESPERANZA (BLOCK 8)
Although earlier works by IPEN are reported to have been done in this area, they
were not found by Scott and Watters (2005). Ignimbrites with columnar jointing are
present with associated radiometric responses ranging from 10,000 cps to 13,000 cps
along joints trending at Azimuth 121° and dipping 18° to the southwest. Other east
trending vertical joints have associated radiometric responses in the order of 2,000 cps.
Chip sampling results indicate low grade uranium mineralization ranging from 167 ppm
U to 656 ppm U (Figure 9-6 and Table 9-1). The host ignimbrite at these sites contains
about 30% quartz, coarse biotite (4 mm to 5 mm), abundant euhedral crystals of
pyroxene, and minor pink andalusite.
CHAPI “U”
Similar to the Esperanza showing, Scott and Watters could not locate this showing.
Nevertheless, they sampled the area where fractured ignimbrites are commonly present.
Radioactive responses ranged from background levels (~200 cps?) to 1,600 cps, and
assay values ranged from 86 ppm to 297 ppm U. The host ignimbrite at these sites
contains about 30% quartz, rare pyroxene crystals, but no andalusite.
9-12
TABLE 9-1 SAMPLING RESULTS, 2005 EXPLORATION

Area / Showing Sample No. ppm U Remark

Esperanza 31051 167 Vertical chip sample across fractures
Esperanza 31052 656 Vertical chip sample across mineralization
Chapi “U” 31053 86
Chapi “U” 31054 297
Esperanza 31056 12 0.5 km NW of Esperanza showing

Agaton 1 31057 2,170 0.5 m vertical chip sample
Agaton 1 31058 756 0.75 m vertical chip sample
Agaton 2, Trench 1 31062 15 0.4 m vertical chip sample
Agaton 1 31065 240 1.8 m chip sample across floor
Agaton 1 31066 85 2.1 m chip sample weathered end of trench
Agaton 1 31067 159 0.8 m chip sample across mineralized face
Agaton 1 31068 42 1.3 m chip sample along floor
Agaton 1 & 2 31090 11 Grab sample between Agaton 1 and 2
Tantamaco, Adit # 3 31077 565 1.0 m vertical chip sample
Tantamaco 31081 24 5 m W of Adit # 4, 1.5 vertical chips
Tantamaco, Trench # 5 31082 1,010 1.40 m vertical chip sample
Tantamaco, Trench # 5 31083 203 1.20 m vertical chip sample
Tantamaco, Trench # 5 31084 2,400 0.80 m vertical chip sample
Tantamaco, Trench # 5 31085 577 1.80 m vertical chip sample
Tantamaco, Adit # 1 31086 1,360 0.40 m vertical chip sample
Tantamaco, Adit # 1 31087 8,370 1.30 m vertical chip sample
Tantamaco 31088 235 9 m S of Adit # 1, 1.0 vertical chips
Tantamaco, Adit # 1 31089 195,000 Grab sample from vein at inner end
Sample Nos. 31069 to 31076 (from Calvario) not assayed due to tampering during transport.
Source: Scott and Watters, 2005.
9-13
Sample not radioactive, but with possible disseminated U mineralization

31056 (12 ppm U)
8,453,600 N
337,400 E
N
337,500 E
337,600 E
337,700 E
8,453,500 N
8,453,400 N
31051 1.3 m chip sample

13,000cps (167 ppm U)
8,453,300 N
Site 1 (VM107, 108)
125
18 Site 2
Site 3 31052 2.1 m chip sample
115 26,000 cps (656 ppm U)
20
8,453,200 N
0 25 50 75 100
Metres
Extension vein fracture
Figure 9-6 700-8– cps, 2.5 x background
1 m. Below fracture
lithics abundant below
Macusani Property 8,453,100 N
Macusani Uraniferous District Legend:
Esperanza (Block 8) 31051 GeoScott sample number
Sampling Sites
9-14
9.2 GROUND GEOPHYSICAL SURVEY

Recently, Val d’Or Geofisica del Perú S.A.C. (VDG), a wholly-owned subsidiary of
Val d’Or Geophysique of Val d’Or, Québec, carried out a program of ground radiometric
(spectrometer) survey with the objective of detecting anomalous areas, on behalf of
Frontier Pacific (Figure 9-1). The purpose of this survey was also to determine if an
airborne radiometric survey may be applicable in this area. Results indicate that uranium
anomalous areas with trenching are readily detected by ground radiometric surveys
(Martin and Pineault, 2005). The VDG surveys were concentrated on three areas. These
were the Calvario, Chapi and Agaton target areas, with previous trenching. In total, DVG
carried out 101.3 line-km of radiometric surveys along 99 survey lines. Statistics of the
survey coverage are presented in Table 9-2.
TABLE 9-2 STATISTICS OF RADIOMETRIC SURVEY

Coverage
Area Survey lines Spacing (m) Length (m) Orientation
(km)
Calvario 24 25 40 to 700 N-S 10.8
Chapi 33 25 1,000 N-S 33.0
Agaton 42 25 1,400 N-S 57.5
Total 99 101.3
Source: Martin and Pineault, 2005.

Note: Instruments used during survey:
1. DGPS console unit: 1 x Trimble PROXR, Serial No. 0224001463
2. Data collector unit: 1 x Trimble TDC1, Serial No. G460886
For each area the grid lines were laid out with differential global positioning system
(DGPS) and the radiometric survey was carried out with an Exploranium GR320
spectrometer, analysing the output from an Exploranium GPX-21A detector over 256
channels. VDG prepared maps showing the grid points covered in the survey, the
topography, the distribution of equivalent uranium concentration (eU) and the
distribution of the values of the ratio of uranium to thorium (U/Th). RPA notes, however,
that no direct correlation of uranium content (from individual outcrops) and radiometric
survey results has been made. “U/Th ratios are often used to map metamorphic grade in
rocks, but in the results of these surveys the value of the U/Th ratio is dominated by the
9-15
concentration of uranium to such a degree that the eU and U/Th maps are essentially
equivalent” (Scott, 2005). Results of the above survey indicate that in all three areas, the
known mineralized outcrops were detected with anomalous eU contents, and that an
airborne radiometric survey would likely detect uranium mineralization on the Macusani
Property, such as the three target areas. Results of the three areas are discussed below.
! For the Calvario target area:

o The eU values ranged from 8 ppm eU to 28 ppm eU.
o The U/Th ratio ranged from 0.4 to 1.9, with the high areas (U/Th = 1.45 to
1.9) coincident with the uranium highs.
o The uranium anomalous areas correspond with the edges of the cliffs; the
relatively flat areas at the top of Cerro Calvario are associated with low
uranium values, and hence radiometric anomalies, i.e. the uranium
anomalies are coincident with the open V-shaped periphery of the 4,450 m
topographic contour.
! For the Chapi target area:

o The U/Th ratio ranged from 0.65 to 1.9, with the high areas (U/Th = 1.45
to 1.9) coincident with the uranium highs.
o Similar to the Calvario area, the uranium anomalous areas correspond with
the edges of the north trending cliffs (the 4,650 m contour) of Cerro Chapi
Loma.
o There is another circular area of radiometric anomaly at the eastern flank
of Cerro Chapi Loma. This appears to be at/near the intersection of
northeast and northwest trending structures.
! For the Agaton target area:

o The U/Th ratio ranged from 0.60 to 1.35, with the high areas (U/Th = 1.15
to 1.35) coincident with the uranium highs.
o Similar to the Chapi and Calvario areas, the uranium anomalous areas
correspond with the edges of the cliffs; at this locality it is the 4,800 m
contour of Cerro Huimanlipa as well as the area farther to the south. In
particular, the linear anomalies correspond northwest and east trending
lineaments, which in some portions, coincide with the topographic
contours.
Additional exploration, including drill testing of selected targets may be carried out
later in 2005.
9-16
9.3 EXPLORATION BY SOLEX

Subsequent to the ground radiometric survey, and trench mapping and anomaly
investigation work by GeoScott, Mr. Washington Palacios L., on behalf of Frontier
Pacific and Solex, carried out further radiometric (spectrometer) prospecting and
sampling on selected areas of the Macusani Property. Grab samples from various old
trenches and other sites were sent to Chemex Laboratories in Vancouver, Canada, for
uranium check assays. In general, the uranium content of the grab samples was
approximately one-third of that of the radiometric response. For example, for a
radiometric response of 3,000 cps (SPP2) the sample contained approximately 1,000 ppm
U determined by the Inductively Coupled Plasma (ICP) method. The following is a brief
account of the work carried out by Palacios (2005).
9.3.1 HUIQUIZA
This area is covered by UTM co-ordinates 330 000E to 334 000E and 8 463 000N to
8 467 000N. It is characterized by a number of old tunnels in a zone of subvertical
fracturing. Six grab samples were collected with radiometric response ranging from
1,250 cps to >45,000 cps, and the corresponding assay results were 104 ppm U to
>10,000 ppm U, respectively.
9.3.2 CALVARIO 1
This area is also covered by UTM co-ordinates 330 000E to 334 000E and 8 463
000N to 8 467 000N. It is situated near Cerro Calvario, with numerous fractures coated
with secondary uranium. Some fractures are up to 100 m long. Five grab samples were
collected with radiometric response ranging from 2,980 cps to 50,667 cps, and the
corresponding assay results were 1,320 ppm U to >10,000 ppm U, respectively.
9.3.3 CALVARIO 2
This area is very close to Calvario 1. Uranium mineralization is associated with clay
minerals, such as kaolinite, and is reported to extend up to 6 cm beyond the fractures, i.e.
into the rock. Ten grab samples were collected with radiometric response ranging from
9-17
9,876 cps to 65,535 cps, and the corresponding assay results were 7,790 ppm U to
9.3.4 CHAPI
The Chapi mineral showings cover an area 500 m (east-west) by 2 km (north-south)
with extensive fracturing observed in 18 trenches. It is covered by UTM co-ordinates
318 000E to 326 000E and 8 454 000N to 8 462 000N. Seven grab samples were
collected with radiometric response ranging from 1,324 cps to >45,000 cps, and the
corresponding assay results were 210 ppm U to >10,000 ppm U, respectively.
9.3.5 TANTAMACO
8 460 000N. It is located close to the Town of Macusani. It contains an old tunnel and a
few trenches. Six grab samples were collected from the fractures, all with off scale
radiometric response of >45,000 cps, and the corresponding assay results were also above
the detection limit of >10,000 ppm U.
9.3.6 UCUMARINI (AGATON)

8 450 000N. It is located within the Samillio 1 Concession and contains old workings
along vertical fractures. Eight grab samples were collected with radiometric response
ranging from 1,800 cps to 9,400 cps, and the corresponding assay results were 90 ppm U
to 7,250 ppm U, respectively.
9.3.7 CONCHARRUMI
This area is outside the concessions currently held by Solex. It has been investigated
by seven trenches dug by IPEN. The trenches are 25 m to 200 m long and are spaced
some 50 m apart. Secondary uranium is reported to be associated with clay minerals near
the surface. Four grab samples were collected with radiometric response ranging from
9-18
9,770 cps to 41,488 cps, and the corresponding assay results were all above the detection
limit of >10,000 ppm U.
9.3.8 CERRO MACHAYPATA

This area also is outside the concessions currently held by Solex. The mineral
showings in this area are under a cover of 1 m to 2 m thick overburden. Three grab
samples were collected from a siliceous vein with radiometric response ranging from
30,359 cps to 65,535 cps, and the corresponding assay results were 3,960 ppm U to
9.3.9 QUEBRADA TUTURAMANI

This area (Concession No. 12) is situated west of the Tantamaco occurrence, covered
by UTM co-ordinates 327 000E to 329 000E and 8 454 000N to 8 456 000N. It is
reported to contain fracture-controlled mineralization (along vertical and subhorizontal
fractures) as well as disseminated mineralization. Six grab samples were collected from a
siliceous vein with radiometric response ranging from 36,046 cps to 65,535 cps, and the
corresponding assay results were all above the detection limit of >10,000 ppm U.
9.3.10 CERRO AMARISHA

This area, also known as Calvario II, is located outside the Solex/Frontier Pacific
concessions and is situated southwest of the Solex concessions 6, 11 and 24 in the
Calvario area (Figure 9-1). Three fractures are reported with radiometric response
ranging from 21,438 cps to 41,000 cps. Samples were not sent for assay.
9.3.11 CHACACONIZA
This area (Concession No. 18) is close to the village of Chacaconiza, in the southwest
part of the areas of concessions (Figure 9-1). It is underlain by lapilli tuff with
disseminated uranium mineralization, which is reported to extend up to 10 cm into the
rocks in outcrops. Four grab samples were collected with radiometric response ranging
9-19
from 7,242 cps to 14,623 cps, and the corresponding assay results were 1,300 ppm U to
2,410 ppm U, respectively.
9-20
10 DRILLING
No drilling has been carried out on the Macusani Property.
10-1
11 SAMPLING METHOD AND APPROACH

Materials sampled for anomaly verification include chip sampling along as well as
across the mineralized fractures. The methodology of sampling is described below:
! Exploration samples of rock outcrops and boulders are normally taken as

discontinuous chip samples while trench samples are taken as continuous chip
samples. These exploration sample materials are used to detect the presence of
uranium mineralization for target identification.
! Most of the samples taken in trenches were of wallrock adjacent to mineralized

joints; few of the sample sites had visible uranium-vein minerals in the sample
(weathered off the joint).
! Samples were not necessarily located at the highest spectrometer or scintillometer

reading, but these readings are reported in many figures by way of illustration
(Scott and Watters, 2005).
The sampling procedures employed by Frontier Pacific conform to industry

standards, in RPA’s view.
11-1
12 SAMPLE PREPARATION, ANALYSES AND

SECURITY
12.1 SAMPLE PREPARATION AND ASSAYS
Rock samples are crushed, pulverized, and assayed for uranium at the Saskatchewan
Research Council (SRC) laboratories in Saskatoon, Saskatchewan. .
Quality control includes the use of blanks, duplicates, standards and internal check
assays by the SRC laboratory. The SRC laboratory currently uses a number of standard
samples with the assay values certified by an external laboratory, Lakefield Research
Limited (Lakefield) of Canada. The sample preparation and assay protocols are
presented in the Appendix.
12.2 ASSAY QUALITY ASSURANCE AND QUALITY

CONTROL
The quality assurance procedures and assay protocols followed by IPEN for samples
collected in the mid to late 1970s are not available. The procedures for the current
sampling program are, as follows:
! Samples are handled only by the GeoScott geologist or its contractor. Samples
are put in specially designed lead-shielded 10-gal drums and shipped directly to
the SRC laboratory upon completion of the sampling program.
! Each sample is assigned a unique sample number that allows it to be traced

through the sampling and analytical procedures and for validation against the
original sample site.
Sample preparation and assays are carried out at the SRC laboratory. RPA notes that
the procedures used at this laboratory, including the reagents and apparatus used for the
assays, are similar to those used at many commercial laboratories in Canada. In
particular, they include:
! Crushing the split sample to 10 mesh and grinding it to 200 mesh.
12-1
! Determination of uranium by fluorimetry or by Induced Coupled Plasma (ICP)

methods.
12.3 CHECK ASSAYS

Check assays and quality control-quality assurance (QA/QC) procedures are followed
at the SRC laboratory. These include internal check assays with a standard after every
20th sample as well as a repeat assay for each batch of samples (Table 12-1).
TABLE 12-1 SRC LABORATORIES CHECK ASSAY RESULTS

ppm U
Sample No. % Difference Digestion
Original Repeat Difference
31087 8,320 8,370 50 0.60 Partial
31087 8,370 8,400 30 0.36 Total
31090 11 10 -1 9.09 Total
31091 22 22 0 0 Total
CG509/LS3 5 Total
CG509/LS3 5 Total
CG509/LS3 6 Total
CG509/LS3 5 Total
CG509/LS3 5 Total
Source: SRC Laboratories, 2005.

Notes;
1. Uranium determination by ICP.
2. Partial Digestion: A 0.5 g pulp is digested with 2.25 ml of 9:1 HNO3:HCl for 1 hour @95°C
3. Total Digestion: A 0.125 g pulp is heated in a mixture of HF/HNO3/HClO4 until dry and the
residue is dissolved in dilute HNO3.
4. CG509/LS3 is internal lab standard.
Review of the check assays shows that:

! There is very little difference in the uranium determinations between the original
assays and the repeat assays for the four samples.
! The five uranium determinations of the internal lab standards are essentially the
same (5 ppm U).
RPA is of the opinion the SRC check assay results are reliable and are acceptable.
12-2
12.4 SAMPLE SECURITY

The procedures for sample security are discussed under assay quality assurance and
quality control. Based on our review and discussions with field personnel, RPA is of the
opinion that sample security procedures in the field as well as at the SRC laboratory are
in keeping with industry standards.
12-3
13 DATA VERIFICATION
13.1 DATA VERIFICATION BY FRONTIER PACIFIC
During the current exploration program data verification and quality control is done
by Frontier Pacific personnel or by its contractor, GeoScott. The quality and reliability of
the data obtained from the current program is reviewed and verified by these personnel
each time there is an update of the assay values for any particular zone. Mr. Mohan
Vulimiri, Chief Geologist and Director of Frontier Pacific, who is a Qualified Person in
accordance with National Instrument 43-101, performs a second verification of the
results.
13.2 INDEPENDENT SAMPLING BY RPA

As part of its due diligence for this Technical Report, RPA collected six independent
samples from three trenched areas to confirm the general level of the uranium
mineralization, and had them assayed at SRC Laboratories. The RPA samples were
taken across the mineralized fractures at the Chapi and Agaton showings. The RPA
samples confirmed the presence of secondary uranium values. Two of five samples,
which were taken at essentially the same locations as the Frontier pacific samples,
contained uranium values less than the Frontier Pacific samples, two samples had
considerably less uranium values and one RPA sample had a considerably higher value.
These results indicate that the uranium contents at the trenches may vary considerably
over a short distance (less than one metre) at these locations and further detailed
investigation is warranted by Frontier Pacific. Table 13-1 provides the sample
description and assay results.
13-1
TABLE 13-1 RPA INDEPENDENT SAMPLING RESULTS

RPA Elev.
UTM Sample RPA Frontier
Sample (m) Remark / Target Area
Co-ordinates length (ppm U) (ppm U)
No.
E N
Chapi 1 Showing: Channel sample, ignimbrite with
70825 4,980 fracture-coated 2° U-mineralization. Radioactive
response (>1000 cps), bkgd. Response ~100 cps.
Agaton 1 Showing: In ignimbrite. Grab sample on
vertical fracture (Az. 010°) with disseminated 2° U-
70826 331576 8446942 4,861 1,180 2,170
mineralization. Radioactive response (~2000 cps),
bkgd. Response ~500 cps
Agaton 1 Showing: In ignimbrite. Grab sample of
70827 331576 8446942 4,861 234 475 weakly mineralized material close to vertical
fracture (Az. 122°). Abundant lithic fragments.
Agaton 2 Trench 2 Showing: Ignimbrite with
yellow/green colouration due to 2°uranium
70828 331452 8447484 4,884 35 cm. 2,910 15
mineralization. Radioactive response (~5000 cps),
bkgd. response ~250 cps
Agaton 2 Trench 3 Showing: In ignimbrite. Grab
sample of weakly mineralized material close to
70829 331521 8447463 4,876 103 610
vertical fracture (Az. 232°). Radioactive response
(~300 cps), bkgd. response ~250 cps
Agaton 2 Trench 3 Showing: In ignimbrite.
Channel sample of ignimbrite across vertical
fracture (Az. 040°). Abundant 2° uranium
70830 331521 8447463 4,876 1.5 m 24 610
mineralization as well as dendritic pitchblende
along fracture. Radioactive response (~6000 cps),
bkgd. response ~250 cps
Note: UTM co-ordinates and elevation values taken from Scott (2005).
Bkgd: background
2° U: means secondary uranium.
Radiometric response detected by Exploranium Scintillometer.
13-2
14 ADJACENT PROPERTIES
There are a number of adjacent properties as defined by NI 43-101, situated around
the Macusani Property as shown in Figure 4-1. These include:
! Concessions held by Messrs Alfonso Javier Alvarez, Manuel Vega Ching and
Corachapi S.M.R.L situated just east of the Chapi target area.
! Concessions held by Las Dunas de Oro S.A.C. in the Chapi, Agaton, Tantamaco
and Calvario target areas.
! Concessions held by Messrs Alfonso Javier Alvarez, Eduardo V. Luces Arias and
Colibri Mining North S.A.C. in the areas near and south of the Calvario target
area.
! Concessions held by Bear Creek Mining Company, Minsur S.A, Rio Tinto Zinc
and Eduardo V. Luces Arias in the area south of the current Solex holdings.
RPA is not aware of any exploration work being carried out on these other properties.
14-1
15 MINERAL RESOURCE ESTIMATES

Historical Mineral Resources are reported from one (Chapi) area in the Macusani
area. RPA, however, has not reviewed these resources and cannot comment on the
reasonableness of the estimate. RPA is of the opinion that the reported resources are not
NI-43-101 compliant.
15-1
16 EXPLORATION POTENTIAL
The Macusani Property covers a vast area underlain by Pliocene ignimbrites which
exhibit fracture-controlled secondary uranium mineralization. Disseminated secondary
uranium mineralization may also extend into the wall rocks of the fractured areas. At
least fifty-five (55) target areas have been discovered by previous work, of which three
were investigated by Frontier Pacific during the recent field program. There is good
potential for the discovery of similar uranium mineralization elsewhere on the property.
The prospecting, geologic mapping and trench/pit sampling has identified five
additional areas of uranium mineralization which warrant further investigation. There is
also potential for disseminated secondary uranium mineralization in the rocks nearby the
existing trenches. The extent and significance of this type of mineralization, however,
has yet to be determined.
16-1
17 OTHER RELEVANT DATA AND

INFORMATION
17.1 ENVIRONMENTAL CONSIDERATIONS
RPA notes that, since uranium is a strategic commodity, Frontier Pacific will have to
secure environmental permits from IPEN and other authorities in Peru to develop a
uranium deposit, should economic studies indicate that such a deposit exists on the
Macusani Property.
17.2 URANIUM MARKET

The principal commodity for the Macusani Property is uranium. RPA notes that the
market for uranium has improved considerably during the past 20 months, from a low of
approximately US$11 per lb. U3O8 to approximately US$32 per lb. U3O8 for the spot
price of uranium.
17-1
18 CONCLUSIONS
RPA has reviewed the recent exploration work carried out by Frontier Pacific and its
contractors. Based on our review, RPA concludes that:
! The uranium anomalous areas detected by ground radiometric (spectrometer)

surveys correspond with the edges of the cliffs, and are closely associated with
topographic contours on the altiplano.
! Three areas, varying in size from 120 m x 5 m to 50 m x 20 m, were detected by

ground radiometric surveys. These areas correspond to stratified ignimbrites
containing higher than background uranium content.
! All three areas of the known mineralized outcrops were detected with anomalous
equivalent uranium concentration (eU) contents.
! An airborne radiometric survey would likely detect uranium mineralization on the

Macusani Property, such as the three target areas.
! The eU, calculated from the spectrometer survey, ranges from 8 ppm eU to 36
ppm eU. RPA notes, however, that no direct correlation of uranium content (from
individual outcrops) and radiometric survey results has been made.
! The Uranium-to-Thorium ratio ranges from 0.4 to 1.9, and the areas with high
U/Th ratios (U/Th = 1.45 to 1.9) are coincident with the uranium highs.
! In general, the uranium content of the channel (chip) samples is approximately

one-third of that of the radiometric response.
! Uranium mineralization is controlled by fracturing in the host Tertiary

ignimbrites. Inter-flow and/or intra-flow contacts within the ignimbrites may also
act as conduits to concentrate uranium mineralization.
! Uranium minerals identified in chip samples are uranophane, occasional

pitchblende associated with meta-autunite and possibly weeksite.
! Since the samples collected to date are of weathered material on the surface, it is
uncertain, at this stage, if clay mineral alteration is associated with uranium
mineralization.
! Uranium mineralization encountered at the three target areas, where previous

trenching has been done, is highly variable; Assay results of samples collected
18-1
along fracture planes range from a low of 15 ppm U to a high of 19.5% U in a

grab sample at Tantamaco. The corresponding radiometric response may be up to
65,000 cps (SPP2) against a background response ranging from 200 cps to 300
cps.
! The over-all average of thirty (30) chip samples (excluding the above high-grade
grab sample at Tantamaco) collected from the mineralized fractures is
approximately 870 ppm U. This includes:
o Twelve samples from the Agaton area with an average of 447 ppm U,
o Eight samples from the Calvario area with an average of 600 ppm U,
o Twelve samples from the Tantamaco area with an average of 1,327 ppm
U, within a range from 24 ppm U to 8,370 ppm U.
! RPA sampling results confirmed the presence of secondary uranium minerals.
! Uranium mineralization extends at least 2 cm outwards from the mineralized

fractures, in the form of disseminated fine yellow grains of meta-autunite, but it is
uncertain as to how far it extends away from the fractures. Occasional fine grains
of pitchblende are also observed.
! Uranium content at the trenches may vary considerably over a short distance (less
than one metre) at these locations and further detailed investigation is warranted
by Frontier Pacific.
! Frontier Pacific has identified a number of exploration targets. In RPA’s view,

detailed surface exploration and follow up drilling are warranted.
! The procedures used in field investigations and assaying are in keeping with
industry practices and standards.
! There is good potential for the discovery of additional uranium mineralization

within the vast property.
18-2
19 RECOMMENDATIONS
RPA recommends that ongoing exploration efforts continue, with the goal of
outlining areas of mineralization where mineral resources may be estimated. This would
be by delineating extensions to existing areas of fracture-filled secondary uranium
mineralization, by drilling. The objective of the recommended drilling also is to
investigate the possibility of uranium-bearing ignimbrites covered by younger non-
uraniferous ignimbrites.
Since the current targets are situated at the edges of cliffs at Agaton, Calvario and
Tantamaco, RPA recommends a program of Phase One diamond drilling to test the areas
extending from the mineralized fractures to a depth of approximately 15 m below the
surface. This would consist of a row of inclined holes (at -45°), collared 10 m apart and
10 m away, and testing a 100 m strike length from the main trench at each target area. At
an average length of 25 m for each hole, this phase of the drilling would total
approximately 275 m (11 holes of 25 m each) of drilling for each target area.
In addition, RPA recommends a second row of inclined holes 20 m apart and 20 m

away from the fractures, also testing a 100 m strike length of the target area. This would
total approximately 150 m (6 holes of 25 m each) of drilling for each target area. For the
three target areas, the total recommended drilling then would be in the order of 1,300 m
(3 x 425) for a program of approximately 50 short holes. At an estimated cost of
US$125, the budget for the diamond drilling program is estimated at approximately
US$160,000.
Prior to the drilling program, RPA recommends a program of Track-Etch surveys on

the relatively flat areas close to the ground radiometric anomalies, for an estimated cost
of approximately US$30,000. The objective of the Track-Etch survey is to detect
anomalous radioactivity (and associated uranium mineralization) below the non-
uraniferous ignimbrites at the surface.
19-1
Frontier Pacific plans for additional ground radiometric surveys consisting of 600
line-km to better outline nine anomalous areas on the rest of the Macusani Property.
RPA concurs with this program.
The total budget for the recommended program, including overhead and
administration, is estimated to be in the order of US$250,000. The recommended
exploration program and budget is summarized in Table 19-1.
TABLE 19-1 RECOMMENDED PROGRAM AND BUDGET

Estimated Budget
Type of Work No. of Holes Amount
(US$)
Radiometric Survey 600 ln-km 25,000
Track-Etch Survey 25,000
Diamond Drilling 51 1,275 m 160,000
Admin & General 40,000
Total 250,000
19-2
20 SOURCES OF INFORMATION
Berry, L.G. and Mason, B., 1959, Mineralogy, Concepts, Descriptions, Determinations:
W.H. Freeman and Company, San Francisco, 1959.
Flores, G.R., Kihien, C.C., Figueroa, E.R., Pizarro, B.L. and Arroyo, G.P., 1983, El
Distrito Uranifero de Macusani – Departamento de Puno: Bol.Soc. Geol. del Peru,
Vol. 71, pp. 143-154, September 1983.
Frontier Pacific Mining Corporation, 2005, Option Agreement with Solex Resources
Corp. Regarding Macusani Uranium Property, Peru: Internal Company Document,
April 19, 2005.
Herrera, W. and Rosado, F., 1984, Las Manifestaciones Uraniferas en Rocas Volcanicas
de Macusani, Puno, (Peru): Proceedings of a Working Group Meetings, San Luis,
Argentina, September 21-23, 1981, International Atomic Energy Agency (IAEA),
Vienna, 1984.
Martin, P. and Pineault, R., 2005, Acquisition Report on Ground Radiometric Surveys,
Macusani Project: Report by Val d’Or Geofisica del Perú S.A.C. for Frontier Pacific
Mining Corporation, July 25, 2005.
Ministerio de Energia y Minas, Dirección General de Minería (MENEM), 2004, Mining

Guides 2004, The Mining Investor: Ministry of Energy and Mines, General Mining
Bureau of Peru, 2004.
Pacheco, R.P., 2005, Mineralogical Study: Report No. 026-2005-LRX by Instituto

Geológico Minero y Metalúrgico, Sector Energia y Minas (INGEMMET) for Solex
Resources Inc., Lima, February 2005.
Palacios, W., 2005a, Personal Communication.
Palacios, W., 2005b, Exploración Geológica, Mineralización de Uránio, Proyecto

Macusani (Carabaya – Puno – Perú: Report by Consultora Geológico-Minera del
Ecuador for Solex Resource Corporation, July 2005.
Quirt, D., 2005, Notes on Mineralogical Study on Macusani Samples: Environment and
Minerals Division, Saskatchewan Research Council, Saskatoon, August 2005.
Scott, S.A. and Watters, S., 2005, Report of Geological Mapping and Sampling of
Showings, Macusani Uranium Project, Puno District, Southern Peru: Report by
GeoScott Exploration Consultants Inc. for Frontier Pacific Mining Corporation, May,
2005.
20-1
Scott, W., 2005, Review of Ground Radiometric Survey, Macusani Project, Puno
Department, Southern Peru: Report Prepared for Frontier Pacific Mining Corporation,
August, 2005.
Sosa, J.E.B., ???, Potencial Uranifero del Peru: Congreso Latinoamericano de Geología,
Vol. V, part 7, pp. 4205-4214, ???.
Valencia, J. and Arroyo, G.P, 1988, Consideraciones Geoquimicas de los Indicios

Uraniferos de Macusani, Puno (Peru): Bol. Soc. Geol. del Peru, Vol. 78, pp. 245-253,
1988.
Vargas, M.F.R., Cruz, M.L. and Rivero, A.L., 2003, Lake Titicaca, Lake Basin
Management Initiative, Experience and Lessons Learned Briefing: Regional
Workshop for Europe, Central Asia and the Americas, Organized by LakeNet in Co-
operation with SMC and the US Agency for International Development, Shiga
Prefecture Government and the World Bank, St. Michael’s College, Vermont, USA,
June 18-21, 2003.
Watters, S., 2005, Field Notes Related to Trench Mapping in the Macusani Project Area.
Weller, G., 1957, Wright’s Rock Shop: The Internet, 2005.
20-2
21 SIGNATURE PAGE
This report titled “Technical Report on Macusani Uranium Project, Peru” and dated
October 11, 2005 was prepared by and signed by the author below:
(Signed & Sealed)

Dated at Toronto, Ontario Hrayr Agnerian, M.Sc.(Applied), P.Geo.
October 11, 2005 Consulting Geologist
Roscoe Postle Associates Inc.
21-1
22 CERTIFICATE OF QUALIFICATIONS
HRAYR AGNERIAN
I, Hrayr Agnerian, M.Sc. (Applied), P.Geo., do hereby certify that:
1. I am a Consulting Geologist with Roscoe Postle Associates Inc. of Suite 501, 55

University Ave Toronto, ON, M5J 2H7.
2. I am a graduate of the American University of Beirut, Lebanon in 1966 with a

Bachelor of Science degree in Geology, of the International Centre for Aerial Surveys
and Earth Sciences, Delft, the Netherlands, in 1967 with a diploma in Mineral
Exploration, and of McGill University, Montréal, Québec, Canada, in 1972 with a
Masters of Science degree in Geological Engineering.
3. I am registered as a Professional Geoscientist in the Provinces of Ontario (Reg. No.

0757) and Saskatchewan (Reg. No. 4305), and as a Professional Geologist in the
Province of Québec (Reg. No. 302). I am a Member of the Canadian Institute of
Mining, Metallurgy and Petroleum, and the Prospectors and Developers Association
of Canada, and a Fellow of the Geological Association of Canada.
4. I have worked as a Geologist for a total of 35 years since my graduation. My relevant

experience for the purpose of the Technical Report is:
! Review and report as a consultant on more than seventy-five mining
operations and Projects around the world for due diligence and regulatory
requirements
! District Geologist for Canadian mining company
! Project/Exploration Geologist for several Canadian exploration companies.
5. I have read the definition of "qualified person" set out in National Instrument 43-101
("NI43-101") and certify that by reason of my education, affiliation with a
professional association (as defined in NI43-101) and past relevant work experience, I
fulfill the requirements to be a "qualified person" for the purposes of NI43-101.
6. I am responsible for overall preparation of the Technical Report, including all

sections.
7. I visited the Macusani Property from May 18 to 20, 2005.
8. I have had no prior involvement with the property that is the subject of the Technical
Report
9. I am not aware of any material fact or material change with respect to the subject
matter of the Technical Report that is not reflected in the Technical Report, the
omission to disclose which makes the Technical Report misleading.
22-1
10. I am independent of the Issuer applying the tests set out in section 1.5 of National
Instrument 43-101.
11. I have read National Instrument 43-101F1, and the Technical Report has been
prepared in compliance with National Instrument 43-101 and Form 43-101F1.
12. I consent to the filing of this Technical Report with any stock exchange and other
regulatory authority and any publication by them, including electronic publication in
the public company files on their websites accessible by the public, of this Technical
Report.
(Signed & Sealed)

Dated at Toronto, Ontario Hrayr Agnerian, M.Sc.(Applied), P.Geo.
October 11, 2005 Consulting Geologist
Roscoe Postle Associates Inc.
22-2
23 APPENDIX
SAMPLE PREPARATION AND ANALYTICAL METHODS
USED AT THE SASKATCHEWAN RESEARCH COUNCIL,
SASKATOON, SASKATCHEWAN
(Reproduced as provided)
Complete U3O8 Procedure
1. Summary and Scope

1.1 This document provides a consolidated overview of the complete process for
U3O8 assays from receipt of samples to sending out of data. Information
contained in this document is derived from several individual SOPs. This
information is confidential.
2. Procedure
2.1 Upon receipt a packing slip is looked for. If found samples will be checked
against the packing slip with duplicates, missing, and extra samples noted. If no
packing slip is found one is created. In addition a sample preparation sheet is
created recording data such as date of receipt, geologist, company, and type and
number of containers.
2.2 Containers are checked for any sign of tampering with seal numbers, if any,
noted. After this each sample is individually checked for radioactivity. Any
readings exceeding background result in the sample being labeled as radioactive.
All samples are sorted into groups on the basis of the degree of radioactivity and
are marked accordingly. The groups, in order of increasing radioactivity are red
writing, 1 dot, 2 dot, 3 dot, 4 dot, and unreadable. Samples will be kept separated
into these groups for all further processing. Processing order is always lowest to
highest radioactivity.
2.3 Samples are dried at 80º C overnight, and are then sent to separate crushing and
grinding facilities as indicated by their radioactive status. Non-radioactive
sandstones and basements are also done in separate facilities. This is to prevent or
minimize the possibility of cross contamination.
2.4 Vials are prepared for each of the samples including a repeat for each group of 37
samples or portion thereof. The repeat will be a complete duplicate for the entire
process and will give a good idea of the variability inherent in the procedure from
crushing right through to final analysis.
2.5 The samples are then crushed in a jaw crusher to at least 60% -2mm. (the jaw
crusher is cleaned prior to use for each group). This is checked by sieving the
first sample of each group.
23-1
2.6 Crushed samples are run through a riffler to split out ~ 100 grams of crushed
material. This is placed in the numbered vial and is sent to be ground in the
appropriate facility.
2.7 Grinding pots are cleaned prior to use for any group and between samples as
required. Highly radioactive samples are kept contamination free by washing out
the grinding pots between each sample. Samples are ground to at least 90% -
106µm. The first sample of each group is checked to ensure that this mark is met.
2.8 Samples are then sent to the lab for weighing and digestion.
2.9 Two different digestions may be used for U3O8 assays, which are the aqua regia
and the hydrofluoric acid digestions. Check the instruction sheets to determine
which digestion(s) to use. Either digestion could be used for U3O8 >0.020% by
ICP. The HF digestion is used for U3O8 <0.020% by fluorometry.
HF Digestion Aqua Regia Digestion

Vessel Teflon beaker Pyrex glass
Sample aliquot 1.000±0.001g 1.000±0.001g
Acids 15ml HF, 3ml HNO3, 0.5ml HClO4 18ml HCl, 6ml HNO3
Hotplate setting 3.5 (not boiling) 6 (boiling)
time Until dryness (~2 hours) 1 hour
Leach 5ml HNO3 + 20 ml DI water ---none---
Final Volume 100 ml volumetric flask 100 ml volumetric flask
Dilution for ICP 8.57 x in 5% HnO3 8.57 x in 5% HNO3
Volume pipetted 0.1ml from 100 ml volumetric flask ---none---
for fluorometry
2.10 Appropriate control standards and blanks are digested with the samples.
2.11 If analyzed by ICP then the method is chosen as in the table below. If analyzed
by fluorometry then the analysis is done according to SOP UF-1.
Radioactive Category ICP Method

Red writing U3O8 HI
1,2,3 and 4 dot U3O8 HI
Unreadable U3O8 VHI
2.12 The control standards are chosen according to the following criteria. If, during
analysis, control standards do not fall within the acceptable range, call your
supervisor.
23-2
Name % U3 O 8 Acceptable Range Finish

BL-1 0.026 0.024 – 0.028 Fluorometric
BL-1 0.026 0.022 – 0.030 ICP
BL-4a 0.147 0.143 – 0.151 ICP
BL-2a 0.502 0.494 – 0.510 ICP
BL-3 1.21 1.19 – 1.23 ICP
BL-5 8.36 8.26 – 8.46 ICP
RS211 48.0 47.3 – 48.7 ICP
2.13 Sample replicates are a separate split and grind. The acceptable range for sample
replicates is 10%.
2.14 There are two ICP calibration standards which are prepared from certified
reference standards. The U3O8 standard (117.9 ppm U3O8) is prepared in a 100 ml
volume by pipetting 1.000±0.001 ml of 10,000 ppm U standard in a 5% v/v HNO3
matrix. The Fe2O3 standard is used to correct for the interference of iron in
uranium analysis. Use the IS3 standard which contains 143.0 ppm Fe2O3.
2.15 The autosampler table is set up to calibrate every 20 samples. Control standards
and blanks are analyzed before and after each calibration to monitor any potential
problems that may arise between calibrations.
2.16 U3O8 detection limits are 0.001% for ICP and 0.2 ppm for fluorometry. The
maximum concentrations that can be determined are 100.0% for ICP and 200 ppm
for fluorometry.
2.17 All data are processed through the LIMS and a report is prepared for the client.
23-3
MINERALOGICAL DESCRIPTION OF MACUSANI SAMPLES

BY THE ENVIRONMENTAL AND MINERALS DIVISION,
SASKATCHEWAN RESEARCH COUNCIL, (SAMPLES
COLLECTED BY GEOSCOTT EXPLORATION
CONSULTANTS INC.)
Sample 31052: Off-white, moderately friable, ‘massive’, with 0.5 mm to 5 mm black

(glass, biotite, euhedral quartz) and colourless (euhedral quartz, feldspar?) crystals in a
fine-grained matrix; rare disseminated yellowish-light greenish specks (<1 mm) in
matrix.

fine-grained matrix; some limonitic orangish-red stain.

fine-grained matrix; disseminated yellowish to yellowish-light greenish specks (<1 mm)
in matrix.
Sample 31058: Off-white, very rubbly/friable, ‘massive’, with 0.5 mm to 5 mm black

fine-grained matrix; trace disseminated lime-greenish specks in matrix; also fracture with
thin, sparse yellow coating.

fine-grained matrix; trace disseminated yellowish specks in matrix.

fine-grained matrix.

(glass, biotite, euhedral quartz) and colourless (euhedral quartz, phlogopite?, feldspar?)
crystals in a fine-grained matrix; rare disseminated yellowish-light greenish specks (<1
mm) in matrix.

23-4
fine-grained matrix; local disseminated yellowish-light greenish specks in matrix and

more abundant along fracture surface (this region analyzed).

crystals in a fine-grained matrix; traces of disseminated yellowish-light greenish specks
in matrix; minor local limonite stain.

crystals in a fine-grained matrix; traces of disseminated yellowish-light greenish specks
along fracture (this region analyzed).

fine-grained matrix; traces of disseminated yellowish to yellowish-green specks in
matrix.
Sample 31089: 1 cm to 1.5 cm fracture filling in off-white, moderately friable, ‘massive’

rock; zoned outward from core of black pitchblende (2 mm x 5 mm) which is surrounded
by a 2 mm to 4 mm thick halo of orangish to brownish hematite, which is surrounded by
a 2 mm to 6 mm region containing yellow U-oxides (this region is analyzed).

fine-grained matrix; traces of disseminated yellowish to yellowish-green specks (<1 mm)
in matrix.

fine-grained matrix; traces of disseminated yellowish to yellowish-green specks (<1 mm)
in matrix.
23-5

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TECHNICAL REPORT ON MACUSANI

URANIUM PROJECT, PERU.

RPA October 11, 2005

ROSCOE POSTLE ASSOCIATES INC.

15 MINERAL RESOURCE ESTIMATES ................................................................... 15-1

! The uranium anomalous areas detected by ground radiometric (spectrometer)

! Three areas, varying in size from 120 m x 5 m to 50 m x 20 m, were detected by

! An airborne radiometric survey would likely detect uranium mineralization on the

! In general, the uranium content of the channel (chip) samples is approximately

! Uranium mineralization is controlled by fracturing in the host Tertiary

! Uranium minerals identified in chip samples are uranophane, occasional

! Uranium mineralization encountered at the three target areas, where previous

! RPA sampling results confirmed the presence of secondary uranium minerals.

! Uranium mineralization extends at least 2 cm outwards from the mineralized

! Frontier Pacific has identified a number of exploration targets. In RPA’s view,

! There is good potential for the discovery of additional uranium mineralization

In addition, RPA recommends a second row of inclined holes 20 m apart and 20 m

Prior to the drilling program, RPA recommends a program of Track-Etch surveys on

TABLE 1-1 RECOMMENDED PROGRAM AND BUDGET

TABLE 1-2 JOINT VENTURE TERMS

Frontier Pacific Commitments

LOCATION AND ACCESS

Access to the Macusani project area is by paved road (approximately 65 km from

The Macusani area was under an exploration moratorium by the Peruvian

GEOLOGICAL SETTING AND MINERALIZATION

The Quenamari Formation comprises two sequences of volcanism, a basal series of

A layer of white lacustrine and glaciofluvial deposits, consisting mostly of clays,

Uranium mineralization in the Macusani area consists primarily of secondary yellow

Recently, Val d’Or Geophysique completed a program of ground radiometric

INDEPENDENT SAMPLING BY RPA

2 INTRODUCTION AND TERMS OF

This report is prepared in accordance with the requirements of National Instrument

! Susan A. Scott, M.Sc., P.Geo., F.G.A.C., Vice-President, GeoScott

! The report entitled “Report of Geological Mapping and Sampling of Showings,

! The report entitled “Acquisition Report on Ground Radiometric Surveys,

! The publication entitled “Consideraciones Geoquimicas de los Indicios Uraniferos

The list of abbreviations used in this report is provided below.

" Micron km2 square kilometres

August 2005 72° W

! Assumptions, conditions, and qualifications as set forth in this report, and,

4 PROPERTY DESCRIPTION AND LOCATION

TABLE 4-1 MINERAL CONCESSIONS LIST

Concession Name Number Approximate Area (ha)

Source: Palacios, 2005

4.1 LAND TENURE

TABLE 4-2 JOINT VENTURE TERMS

Frontier Pacific Commitments

4.2 MINERAL CONCESSIONS

! Supreme Decree No. 014-92-EM: Consolidated Amended Text (Texto Único

! Supreme Decree No. 018-92-EM: Regulations on Mining Procedures.

! Legislative Decree No. 913: Substituting Article 39 and Article 57 of the

Victor Bulogio Chambi

Bear Creek Mining Company

5 ACCESSIBILITY, CLIMATE, LOCAL

Access to the Macusani project area is by paved road (approximately 65 km from

Peru in general has a moderately developed infrastructure of communications, roads,

The initial discoveries were followed-up by systematic radiometric prospecting over

The Macusani area was under an exploration moratorium by the Peruvian