Significant Exploration Potential

Goldrich has uncovered a widespread system of gold mineralization and more than 30 high-priority drill prospects across six square miles to date. Exploration has included airborne radiometric and magnometer surveys, geologic mapping, surface trenching, geochemical sampling and diamond/reverse-circulation drilling.

To date 25 HQ-sized diamond drill holes and 39 reverse-circulation holes have been completed, totaling 22,100 feet (6,700 meters), testing six prospect areas along a four kilometer northeast trending belt. All prospects are associated with major shear zones and/or subsidiary faults. Details of the highest priority drill targets are described below:

Aurora Gulch Prospect

• Large soil gold-arsenic anomaly spanning ~1,200 feet (365 meters) across; underlain by carbonaceous gray to black schist
• Greenstone sills up to 75 feet (22 meters) thick exposed near the top of ridge
• Anomalous gold values have been found in soil, stream sediment and rock chip samples
• Mineralization occurs as pods and lenses of sulfide±quartz distributed within sheared and isoclinally folded black phyllite/ schist

Target	DDH	From (ft)	To (ft)	Interval (ft)	Interval (m)	Au (g/t)
Aurora	LS-0062	49.0	52.0	3.0	0.9	5.32
		350.0	355.0	5.0	1.5	4.39
		475.0	480.0	5.0	1.5	6.57
	LS-0063	56.0	59.0	3.0	0.9	4.44

Above: Stockwork veinlet mineralization at Aurora prospect

Rock Glacier Showings

• Comprises several lobes derived from individual areas of intense mechanical weathering
• Quartz vein and altered vein breccia are found over an area covering 150 feet wide by 800 feet long (45 x 244 meters)
• Weathered float cobbles of dark quartz stained by As- and Fe-oxides contained massive arsenopyrite and other sulfides

Target	DDH	From (ft)	To (ft)	Interval (ft)	Interval (m)	Au (g/t)
Rock Glacier	LS-0041	249.0	263.0	14.0	4.3	3.29
			including	7.0	2.1	6.02
		449.0	486.0	37.0	11.3	1.08
	LS-0060	475.0	480.0	5.0	1.5	4.17

Above: Southwest lobe of Rock Glacier (foreground) mantled with quartz vein float

Mikado Shear Zone

• Zone can be traced for six kilometers and represents the most developed gold prospect in the district
• Shearing, faulting and silica-sulfide (gold) emplacement veins occur over total widths ranging from 82 to 213 feet (25 to 65 meters)
• Characteristics compare favorably to other lode districts containing large, bulk mineable gold deposits

Target	DDH	From (ft)	To (ft)	Interval (ft)	Interval (m)	Au (g/t)
Mikado	LS-0049	256.0	259.0	3.0	0.9	4.58
		378.0	381.0	3.0	0.9	4.46
	LS-0051	173.0	176.0	3.0	0.9	10.25

Above: Exposure of the Mikado structure on St. Mary's Creek at an elevation of 3,600 feet

Crystal Prospect

• Prospect consists of four parallel quartz veins
• Historic reports describe prospect shaft and grab sample of banded ribbon quartz veins assaying 43.2 ounces (1,344 grams) per tonne gold
• Additional samples of massive white quartz reportedly contained up to 0.99 ounces (31 grams) per tonne gold

Above: 5 foot (1.5 meters) massive quartz vein

Ratchet Ridge/Summit Prospect

• Located on ridge divide between Little Squaw Creek and Big Creek
• Adit has been driven on a poorly exposed 2.5-foot quartz vein and a nearby shaft is present

Target	DDH	From (ft)	To (ft)	Interval (ft)	Interval (m)	Au (g/t)
Summit	LS-0044	79.0	128.0	49.0	14.9	1.12
			including	28.0	8.5	1.70
	SUM-7	45.0	140.0	95.0	28.9	0.85
			including	20.0	6.1	2.63
	SUM-8	95.0	140.0	45.0	13.7	0.42
	SUM-9	80.0	95.0	15.0	4.6	2.28
			including	5.0	1.5	5.52
	SUM-12	205.0	300.0	95.0	29.0	0.28

Above: Outcrop in cirque headwall of eastern extension of Ratchet Ridge gold-arsenic occurrence

Indicate/Tonopah Vein Fault

• Early-century mining of Indicate-Tonopah vein occurred across approximately 350 feet (160 meters) across of valley bottom
• Re-sampling of trenches in 1982 yielded 1.7 ounces (52.9 grams) and 6 ounces (186.2 grams) per tonne gold in grab samples

Above: Remains of Indicate-Tonopah mill

Pioneer Shear Zone

• Zone traceable across six miles; mineralization occurs in lenses of pulverized quartz, sericite and white clay
• Field reconnaissance collected three float samples collectively averaging 1.45 ounces (45 grams) per tonne gold
• Two trenches near the ridge crest have exposed shear zones and sheeted quartz veins up to 3 feet (0.9 meters) wide

Above: Prospect trench shows pinching and swelling pulverized auriferous quartz lenses part of a 25 foot (7.6 meters) wide zone

McLellan Prospect

• Prospect believed to be offset of Crystal prospect veins
• Five massive white quartz veins have been mapped running north-south over 600 feet (183 meters) measuring up to 20 feet (6.1 meters) in width
• Soil samples have assayed approximately 1.1 ounces (34.3 grams) per tonne gold

Above: Massive quartz veining is exposed in a trench at the McLellan prospect