SUSTUT COPPER PROJECT DESCRIPTION Submitted to the Environmental Assessment Office

March 2003

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TABLE OF CONTENTS

Page

1. Introduction and Synopsis 3 2. Tenure 6 3. Deposit Description 6 4. Metallurgy and Recoveries 9 5. Infrastructure, Facilities and Operations 10 6. First Nations 15 7. Environmental Aspects and Permitting 16 8. Mine Site Reclamation and Closure 17 9. Feasibility Work Completed to Date 18 10. Doublestar Resources 18 11. Project Consultants 20 12. Company Representatives 21

PROPONENT The proponent of the Sustut Project is Doublestar Resources Ltd. of Vancouver, BC, Canada. Doublestar and Northgate Explorations Ltd have signed a “Strategic Alliance” that describes how the two companies share in the costs of development of the project and also share in the cash flow that is generated. Doublestar remains the sole registered owner of the project.

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1. INTRODUCTION AND SYNOPSIS:

The Sustut Property is located in northeastern British Columbia, 193 kilometres

(by air) northeast of Smithers. The property is situated near the headwaters of the Sustut

River and is within N.T.S. map sheet 94D/10E at approximately 56° 36’ 12” North

latitude, 129° 40’ 40” West longitude (U.T.M. Zone 09 coordinates: 643100 E, 6275610

N, N.A.D. 27 datum). The property elevation ranges from 1,200 metres to 2,100 metres

above sea level, and topography can be characterized as rugged, glaciated and

mountainous. Tree line occurs at approximately 1,500 metres elevation, well below

exposures of the deposit.

Current access to the property is only possible by helicopter. The Omineca

Resources Access Road, the “ORAR”, a well-maintained two-lane gravel road, is 10

kilometres north of the property. The road provides access to the Kemess Mine from

paved highways north of Prince George or Fort St. James. Kemess maintains an airstrip

at the mine to support the fly-in fly-out operation. An unmaintained gravel airstrip is

located 12 kilometres north of the property in Moose Valley, along the ORAR.

Sustut is conceived as a small open pit or quarrying operation conducted, initially,

on its Southeast Zone from which it is proposed to deliver a minimum of 5.2 million

tonnes of ore containing 1.86% copper and 6.11 grams of silver per tonne to the nearby

Kemess Mine concentrator for blended processing. Doublestar will ship approximately

one million tonnes per year to the concentrator at a daily rate of 3,000 to 5,000 tonnes per

day.

It is estimated that construction of the facilities will take approximately one year

to complete. A 10-kilometre connector road from the Omineca to the property boundary

will be built and from this road access to the site will be developed. The connector road

will use clear-span, single lane bridges at all stream crossings. The road will be built to

forestry road specifications. As well as a switch back road up the side of the mountain,

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two tunnels and one ore pass will be constructed, which will allow for ore delivery and

equipment/supplies access (see diagrams). Mining will be carried out by open-pit

conventional means using a drill, blast, load, and haul technique. It is emphasized that no

milling or tailings systems will be required; mineral processing will happen off-site at the

Kemess existing facility. Kemess will experience a 10% increase in concentrator tonnage

throughput with the addition of the Sustut ore. The extra tonnage will result in a

concentrate production increase of 25% to 35%. The additional tailings that are produced

will report to the Kemess tailings pond.

An explosives contractor, located at the Kemess operation, will supply all

explosives requirements. Explosives will be delivered to the Sustut operation on an as

needed basis.

The operation is located at an elevation of approximately 1750 to 1900 metres and

does not impact directly upon the Sustut River. Studies are under way on the indirect

impacts that the operation might have on the Sustut.

Doublestar has signed a “Strategic Alliance” with Kemess, which will result in

the cash flow generated from the operation being split equally between the two

participants. Northgate Exploration Limited owns the Kemess Mine. Northgate,

Doublestar and Procon Mining and Tunnelling are currently working on an agreement

with which to develop the Sustut Project and mill its ores. Procon will be the contract

miners for the project.

The Sustut copper deposit was discovered in 1971 by Gunnar Thomason and was

subsequently explored by Falconbridge Ltd. between 1972 and 1974. Exploration

activities were suspended in 1974 due to adverse political and economic conditions. By

the end of 1974 cumulative drilling on the Sustut property was 17,195 metres of AQ core

in 139 holes. Cumulative exploration expenditures by Falconbridge to 1999 were

approximately 1 million Canadian dollars. Doublestar Resources Ltd. has subsequently

drilled 49 diamond drill holes between 2000 and 2002.

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Table 1: Summary of Previous Work on the Sustut Property

Year Exploration Activities 1971 Reconnaissance exploration identified malachite stained cliffs,

prospecting, mapping and sampling. Discovery of the Sustut prospect by Gunnar Thomason;

1972 Established camp, completed 26 AQ diamond drill holes (2,534 metres), and 2 pack sack drill holes (XRPS; 20.43 metres) geological mapping, aerial photogrammetry, preliminary metallurgical tests;

1973 Completed 61 AQ diamond drill holes (7,050 metres), mapping, mineral inventory estimation by Cluff, pit design and mineable reserve calculation by Munro, helicopter-based magnetometer/electromagnetics survey of Sustut Valley, ground magnetometer/electromagnetic anomaly truthing, petrographic studies. Over 3000 stream sediment samples collected and analyzed regionally, approx. 350 from streams surrounding the Sustut massif.

1974 Completed 39 AQ infill drill holes (4,375 metres), 13 reconnaissance AQ drill holes (3,236 metres), “in-house” feasibility study, metallurgical tests, legal claim survey, mineral inventory estimation by Wrigglesworth, trace element geochemistry for deep drill holes #88 and #110;

1975 Continued feasibility studies, geochemical statistical analysis. 1997 Cross Lake Minerals commissioned the following work: mineral resource

evaluation (by SRK); in-situ and mineable reserves were calculated (Gemcom); valuation report (by SRK); environmental considerations/due diligence review (by Hallum, Knight and Piésold);

1999 International Skyline Gold Corporation completed an in-house geological model and block model (Surpac) to identify high-grade reserves.

2000 Doublestar Resources Ltd. drilled an infill program with a total of 22 BQTK holes aggregating 2,104.7 m. were drilled between August 2 and 18. Snowden subsequently outlined a geological resource of 5,937,000 tonnes of 1.87% Cu and 6.11 g/t silver at a cutoff grade of 0.70 %. 23 Stream sediment samples were collected and analyzed.

2002 Doublestar Resources Ltd. drilled 21 infill and definition holes totaling 1656.29 metres between August 1 and August 30. 15 of these holes were BGM, and the remaining 7 were NQ. Additionally, 4 NQ3 oriented geotechnical holes were drilled (237.81 metres). Also, 1 hole was drilled to parallel the planned ore pass (BQ; 396.34 metres).

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2. TENURE:

Doublestar Resources Ltd. (DSR) holds a 100% interest in the Sustut property

subject to an agreement with Falconbridge Limited. Falconbridge retains a right to back

in to a 50.1% interest, exercisable at any time up to and including a production decision,

by paying DSR 150% of direct exploration expenditures on the property. Falconbridge

may elect to receive a 9% NPP royalty in lieu of the back-in provision.

The property consists of one (1) mining lease (approximately 200 hectares) and

five (5) 4-post mineral claims, within the Omineca Mining Division. The 30-year lease

will expire in 2023 and has an annual renewal date of June 15 and an annual rental cost of

C$2,000.

Table 2: Mineral Lease Tenure Status

Lease Tenure # Size Expiry Date Mining Lease 315076 200 ha. June 15, 2003

Sustut 1 379608 20 units August 3, 2011

Sustut 2 379609 8 units August 3, 2011

NT 1 395833 4 units August 12, 2003

NT 2 395834 8 units August 12, 2003

NT 3 395835 20 units August 12, 2003

3. DEPOSIT DESCRIPTION The Sustut deposit can be divided into two main zones, the South Zone and the

North Zone, which are separated by a deeply incised cirque. The North Zone covers an

area of approximately 500 metres by 700 metres, while the South Zone has been defined

over an area of 600 metres by 800 metres. The South Zone was subdivided into an

eastern and a western sector by Falconbridge for the purpose of developing sequenced

open pit mining scenarios. Doublestar Resources is focusing efforts on developing the

South-East Zone.

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South Zone

Rocks hosting the South-West and South-East Zones form a near dip-slope

surface along portions of the southwest-facing slope of the mountain. The copper-

bearing mineralized horizon outcrops along the eastern flank of the mountain side that

hosts the South-East Zone and the base of the mineralized zone has been traced by

Falconbridge geologists along the north-east facing cliffs.

The mineralized zones dip gradually from near surface at the north edge of the

South-East Zone to depths of approximately 120 metres or more near the western

margins of the South-West zone.

The South Zone is comprised of up to four lenses of copper mineralization but is

dominated by one thicker and more continuous lens. In the eastern part of the South

Zone, (South-East Zone) copper mineralization is fairly continuous and up to 50 metres

thick.

North Zone

The North Zone is characterized by a uniform closely stratabound, continuous

zone of lower grade (approximately 0.8% Cu) copper mineralization. The zone is 15

metres to 28 metres thick and consists of chalcocite and lesser native copper with little

associated pyrite. The copper-bearing horizon outcrops within the more deeply eroded

centre of the North Zone.

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Resources

Falconbridge had produced a series of resource estimates for each of the three

zones of the Sustut Project. When Doublestar optioned the project, it was decided to

concentrate on the South East zone. Based on the 22 hole diamond drilling program of

Doublestar, carried out in 2000 Snowden Mining Industry Consultants were

commissioned to prepare a new resource estimate for the South-East Zone. The results of

this November 2000 study, provided below, are based on anisotropic, ordinary kriging.

Table 3: Sustut South East Zone Cumulative Resource Estimates by Cut-off

Cutoff Measured (70%) Indicated (26%) Inferred (4%) Total

Cu %

Tonnes

(Mt)

Cu

(%)

Ag

(g/t)

Tonnes

(Mt)

Cu

(%)

Ag

(g/t)

Tonnes

(Mt)

Cu

(%)

Ag

(g/t)

Tonnes

(Mt)

Cu

(%)

Ag

(g/t)

0.50 5.344 1.66 5.46 2.307 1.28 4.30 0.319 1.49 4.80 7.971 1.54 5.10

0.60 4.866 1.77 5.80 1.902 1.44 4.78 0.279 1.62 5.19 7.047 1.67 5.50

0.70 4.212 1.94 6.35 1.458 1.68 5.57 0.267 1.67 5.32 5.937 1.87 6.11

0.80 3.749 2.09 6.82 1.286 1.81 5.97 0.244 1.75 5.55 5.280 2.00 6.55

In August 2002, Doublestar conducted a 27 hole infill and definition diamond

drilling program. Pincock, Allen and Holt (PAH) and Procon are currently reviewing this

work. An updated resource and reserve estimate will be produced along with a revised

mine plan.

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4. METALLURGY AND RECOVERIES

A composite bulk sample, representing all significant mineral zone intersections

from the 20 hole drill program completed by DSR on the South-East Zone was submitted

to International Metallurgical and Environmental Inc. (I.M.E.). I.M.E. completed a

program of flotation test work designed to provide comprehensive metallurgical data, and

confirm that the ores were amenable to conventional copper recovery processes.

Conclusions based on this initial test work are presented below.

Sustut ore treated separately:

1. The Sustut copper materials are expected to provide a copper recovery of

72 percent to 77 percent of the available copper at a copper concentrate

grade of 35 percent copper.

2. A majority of the copper losses are due to the presence of oxide copper

mineralization, which has a very poor recovery.

3. The copper mineralization is relatively fine grained, however, excellent

metallurgical performance for the sulphide mineralization can be achieved

through the optimization of grinding/re-grinding and traditional flotation

techniques.

4. Preliminary tailings-water analysis, final concentrate analysis and tailings

solids analysis did not indicate any significant impediments to the progress

of the project.

The mineralogy of Kemess hypogene ore is simple, dominated by pyrite and

chalcopyrite. Copper occurs microscopically as tiny equant specks in the 5 - 100 micron

range, included in or peripheral to chalcopyrite, and less frequently in pyrite. Bornite is

rare, associated with chalcopyrite as fine-grained intergrowths. Metallurgical behaviour

is conventional, with copper recoveries almost identical to Sustut ore. Preliminary test

results indicate that the ores will respond well when blended.

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Metallurgical testwork on the blending of Sustut-Kemess ores in ongoing at

Lakefield Research, under the guidance of Klaus Konigsman. Based on these studies a

greater understanding of the blending of these two ores will be realized.

5. INFRASTRUCTURE, FACILITIES AND MINE OPERATIONS:

Access

Primary access to the Sustut property will be via the McEllhaney designed Sustut

Mine Road, a road linking the Omenica Resources Access Road, the “ORAR” and the

Sustut Project site (See Figures 1 and 2). This road extends 11 kilometers south of the

ORAR to the Sustut Property. All road stream crossings will meet the rigorous standards

set by the various governmental agencies to ensure that fish habitat is not disturbed. An

underground loadout facility is planned for the bottom end of an ore-pass that connects to

the open-pit area. This facility will be connected to the terminus of the road by a tunnel.

A smaller tote road that switch backs up the mountain will be established to gain access

to the Dry Lake Camp and Mine Site via the Upper tunnel (See Figures 3 and 4). The

Canadian Coast Guard has been contacted regarding navigable waters and Doublestar has

been reassured that there are no navigable waters being affected. Doublestar has received

a letter from the Coast Guard, which states that the various waterways described are

considered non-navigable.

The McEllhaney access road design to the Sustut project is considered the best of

several alternatives with respect to minimizing impacts regarding extensive wetlands,

permafrost, avalanches, grade, distance, and other environmentally sensitive areas. The

alignment follows the west side of the Sustut River, and for most of its length, is well

away from the river. The distance along the ORAR from the Kemess operation to the

turnoff to the Sustut is approximately 43 kilometres.

The Lower Tunnel system will consist of a horizontal tunnel that trucks can enter

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and be loaded at a load-out bin, plus an ore-pass to transfer ore mined in the pit. The

tunnel is designed at 4.5 metres wide by 5.5 metres high except for the roundabout circle,

which will be 6.0 metres wide by 5.5. metres high and 814 metres long. The ore pass will

be inclined at 60? and will be 2.4 metres wide by 2.4 metres high, for a length of 491

metres. (See Figure 3)

LOMAK trucking will supply the on/off highway tractor-trailers. The current

plan is to use a Western Star style tractor to pull a 50 tonne trailer. During the nine to ten

month trucking season per year, 15 tractor-trailers of this size will be required to haul ore

on a 24 hours per day basis. The load-out bin will be designed to load the trailers in a

single pass, and the existing weigh-scale at Kemess will be used to determine the full and

empty weights of the tractor-trailers. Approximately 100 loads of ore will be trucked to

Kemess each day.

The Upper Tunnel system will consist of only one tunnel and will be used to

accommodate only mine service vehicles, the delivery of mining equipment, an access for

mine personnel and supplies such as explosives and fuel for the mine equipment and

power generator. This tunnel will be 4.5 by 4.5 metres with a total length of 800 metres.

(See Figure 4)

Mining

The Sustut mine will be a conventional truck and shovel operation. An eight cubic

yard shovel will load two 40-tonne trucks. Two seven cubic yard front-end loaders will

also be on site for additional flexibility in material movement.

Doublestar has retained Procon Mining and Tunneling Ltd. (“Procon”) to develop

an open-pit operating plan for the Southeast Zone. Procon would act as the mining

contractor to Doublestar. The operation at the site is mining only. There is no

requirement for a mill or tailings storage facility. The open pit has been initially designed

as a single development phase utilizing 10 metre benches although the South-West zone

may be mined as a second phase if copper prices allow.

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The mining plan is based on a seasonal operation where ore is mined, trucked to

the ore-pass where it is dumped onto a grizzly and the oversize crushed in a primary

crusher located at the top of the ore-pass. This ore would then be recovered at the Lower

Tunnel, which is at the elevation of the proposed Sustut Mine Road. Ore will be loaded

underground into tractor-trailers for transport to the Kemess mill via the Sustut Mine

Road and Omineca Resources Access Road (ORAR).

A diluted mineable resource of 6.3 million tonnes of ore with an average grade of

1.64% copper and 5.42 grams per tonne silver (0.5% copper cutoff grade) has been

calculated for the Southeast Zone (Nilsson, 2001). Within this, a high-grade portion of

approximately 5.2 million tonnes grading 1.87 % copper and 6.11 grams per tonne silver

(0.8% copper cutoff grade) constitutes the primary resource to be extracted. A further 1.1

million tonnes of 0.64% copper and 2.24 grams per tonne silver will be stockpiled near

the quarry pit. At the end of each operating season, providing the metal prices allow for

it, the stockpiled material, or a portion thereof, will be shipped to Kemess. If the material

is never shipped to Kemess it will be reclaimed so that water quality is not affected. This

will be addressed in more detail in the reclamation and closure plan of the application.

Approximately 9.7 million tonnes of waste rock must be removed to provide

access to ore, resulting in a stripping ratio of 1.53 to one (waste to ore). The final pit

outline required to extract the ore, was designed using an overall pit wall slope angle of

64 degrees, which is slightly more conservative than that recommended (Brawner, 2000).

Yearly production is planned at approximately one million tonnes of ore per year,

for a mine life of just over five years (Table 4). Mining will be on a seasonal basis, from

seven months to nine months of the year (May to January). From May to October or

November, the operation will run on two 12-hour shifts per day, with spring cleanup and

winterization occurring in April and December respectively. During construction a total

of 50 to 60 persons will be employed and when in production employment will be in the

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range of 45 to 55. The shift schedule is currently set up on a two-week rotation, which is

identical to that at Kemess. Ore production will average about 5,000 tonnes per day, with

total material movement in the range of 13,000 to 15,000 tonne per day. Operating and

capital costs have not be finalized however initial capital expenditures of approximately

$20 million are contemplated.

Table 4: Quarry Production Forecast

Year -1 1 2 3 4 5 Total

Production Forecast (tonnes x 1,000)

Ore 240 1,095 1,095 1,095 1,095 559 5,170

Stockpile 188 665 288 - - - 1,140

Waste 2,099 1,566 2,013 1,961 1,792 226 9,656

Total 2,528 3,325 3,395 3,056 2,886 785 15,966

Waste rock will be stored beside the pit in one of two locations. Present design

capacities of these two locations are 9.5 million tonnes and 5.7 million tonnes. The same

trucks and shovels will be used to move both ore and waste. The Southwest Dump has

considerable potential for excess capacity in the event that additional production is

contemplated in the future.

Ancillary equipment will include a motor grader, 2-3 track drills, pickup trucks, a

boom truck, a bulldozer, a water truck, and diesel power generators (1.15MW’s total

power available). The average running load power requirement is expected to be less

than 0.2MW’s during normal operations.

Pre-strip and waste rock material will be excavated and hauled for storage to the

area immediately south of the pits, as indicated on the site plan.

The following table shows the estimated quantities of waste rock material for the South-

East Zone:

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Table 5: Ore and Waste Rock Estimates Years 1- 7 Ore (Tonnes) Waste (Tonnes) Strip Ratio (W:O)

Maximum Total 6,310,000 9,656,000 1.5:1

All numbers in Sections 3, 4, and 5 will be adjusted when the PAH study is issued.

Camp & Facilities

A portable camp, located near the dry lakebed just north of the North Zone, will

be built to accommodate approximately 40 personnel. Diesel generators will provide

electricity, and propane fuel will be used for cooking and heating. The camp will use a

septic tank system for treatment of biodegradable waste, and will release to the

environment through a septic field. The camp will be administered by Procon, who will

also oversee catering services. The camp location has been proposed in the Dry Lake at

the northern side of the Sustut Massif.

Warehouse, maintenance, fuel facilities will be located on site as well, allowing

the quarry operation to be self sufficient from Kemess. Appropriate environmental

measures will be installed to collect any spills at maintenance and fuel facilities. All

facilities and operations will be supplied and operated by Procon.

Water

The site lies at an elevation of approximately 1800 metres. Very little process

water is required at the quarry. Water requirements will be met from sources at that

elevation. Camp and potable water will be trucked in to the site. Appropriate facilities

will be constructed to manage sump waters in the quarry, runoff and seepage from the

waste rock dumps, and drainage from the tunnels and ore pass.

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Power Supply

There is limited power requirement for the project. Therefore there is little

possibility to obtain power from the main transmission line that runs beside the Omineca

road to the Kemess operation. The cost to connect to this main line, transport the power

to Sustut and transform the power to the various voltages is prohibitive. Therefore it is

planned that the project will generate its own power using diesel generated fired

generators. As many as three small power plants will be set-up at different sites on thee

property. Fuel supplies are readily available and can be trucked to the site as required.

Sewage and Garbage

Sewage from the operation and the camp will be treated in portable septic systems

and disposal of the sewage will conform to government regulations. Garbage produced at

the site and camp will be collected on a regular basis and disposed according to

government standards

Estimated Time Line

2003 Application/Permit Permits Construction Start Project Description TOR Submission Received

March 20 mid April end April August Operations commence one year after construction start. Mine Life 5 – 6 years. Closure immediately follows.

6. FIRST NATIONS

The First Nations whose traditional land boundaries overlap the Sustut Project are

the Gitxsan, the Carrier Sekani (Takla Lake Band) and the Tsay Keh Dene.

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Doublestar has been in contact with and has had a number of meetings with the

Gitxsan, Tsay Keh Dene and the Takla Lake Band over the last three years. Doublestar

will continue to share its plans with the First Nations. Doublestar’s relationship with

these First Nations is immensely important to the well being of the project.

The Company’s policy in respect of First Nations is pro-active and seeks to

involve them in the project. The Company expects to co-ordinate training programs and

to employ First Nations peoples in its operation.

Dialogue during feasibility and permitting of the Sustut project must take place

between the Company and First Nations so that full understanding of the requirements

and needs of both parties can be obtained. It is this continuing dialogue that will shape

the protocols of participation by First Nations and will structure the benefits that will

accrue to First Nations on development of the project.

7. ENVIRONMENTAL ASPECTS AND PERMITTING

Doublestar believes that the manner in which it is planning to develop and operate

the Sustut project will keep the impact on the environment to a minimum. The design

criteria used for the project have been selected to ensure that the operations will comply

with all pertinent government legislation. All potential impacts including visual, noise

and fish and wildlife habitat are of a concern to Doublestar. Rigorous quality assurance

programs will be instituted during construction to ensure that the highest standards are

maintained throughout.

Operations similar to this one are commonly found in other jurisdictions with

stringent environmental regulations similar to British Columbia’s. With the

implementation of sound operating procedures and effective training programs the

impacts will be kept to a minimum.

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Doublestar does not believe that the project triggers review under the Canadian

Environmental Assessment Act (CEAA). CEAA review triggers in the Fisheries Act and

Explosives Act will be avoided by appropriate habitat protection at stream crossings, and

by purchasing explosives from Kemess Mine, respectively. Doublestar have also received

assurances from the Canadian Coastguard that the project will not trigger CEAA review

through the Navigable Waters Protection Act.

Doublestar understands that at least the following permits will be required in addition

to receiving an Environmental Assessment Certificate:

?? Mines Act permit to approve the mine plan and reclamation plan. ?? A Special Use Permit (SUP), under the Forest Act, for harvesting of timber along

road alignments. ?? Approvals under the Waste Management Act will be needed for discharge of

waters from the site and any emissions.

8. MINE SITE RECLAMATION AND CLOSURE

Upon cessation of mining activities at Sustut, Doublestar will responsibly close

the operation and reclaim the site. The pit produced by this operation will be left as it is

and allowed to fill with surfical water. There is very little vegetation on site. Some moss

and lichen exists. The waste rock piles will be recontoured with local surface materials to

resemble the surrounding area. All equipment and facilities utilized during the mine life

will be removed and the site cleaned. All access roads and any lay down areas will be

decommissioned. Access roads will be trenched (cross-ditched and water barred),

scarified and planted so as to preclude vehicular access to the mine site. Both tunnels

will be concrete plugged at both ends. Also a 2-year environmental monitoring program

will be initiated.

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9. FEASIBILITY WORK COMPLETED TO DATE:

The following List highlights work completed to date: 1) Environmental Baseline Studies Fish Habitat Study: EDI Wildlife – Ardea ABA-ARD testing – BC Research/SRK 2) Meetings – Government Meetings NEMRC consultation 3) Field Tour – August 17, 2002 A Government tour of the project site was conducted by Doublestar 4) Resource/Reserve Calculations – Snowden 2000 5) First Nations Consultations The following List highlights work currently underway: 1) Feasibility Study – AMEC 2) ABA / Metal Leaching Studies – B.C. Research and SRK 3) Water Sampling Programs – McElhanney 4) Project Scheduling 5) Workforce and Economic Measures – Section 5 6) First Nations Consultation

10. DOUBLESTAR RESOURCES LTD.

Doublestar Resources Ltd. was incorporated on October 7, 1996. With the support

of a strong group of founding shareholders, the company underwent an Initial Public

Offering on August 1, 1997 with the shares called for trading on October 1. Since

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January 1998, we have concentrated on expanding our presence in the British Columbia

mineral industry through the acquisition of promising mineral deposits and exploration

plays at a cost of approximately $924,000.

Doublestar Resources Ltd. is a Canadian mineral resource development company

owning advanced projects from Canada’s Northwest Territories to Honduras, Central

America. The Company’s mission is to advance its key properties to production in

harmony with the environment while continuing to seek attractive exploration or early-

stage development projects that will contribute to shareholder value.

Doublestar is run by experienced professionals who have been instrumental in

exploration and subsequent mine development in the Americas.

Alan C. Savage, Chairman and CEO

Alan Savage has over 25 years of experience in the mining industry. In 1978,

Alan incorporated and was the primary architect of building Imperial Metals Corp., a

TSE traded mining and oil and gas operation. In 1986, Alan acquired an interest in

Geddes Resources Ltd. and took the leading role in respect of bringing to feasibility the

famous Windy Craggy copper deposit. When Northgate Exploration Ltd. acquired

Geddes Resources, Alan assumed control of New Canamin Resources Ltd. During his

tenure New Canamin acquired, developed and brought to commercial feasibility, the 90

million tonne Huckleberry copper, molybdenum, gold and silver deposit. New Canamin

was subsequently bought by Princeton Mining Corporation. Since 1996, Alan has been

actively involved in the development of Doublestar.

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Paul F. Saxton, President and COO

Paul Saxton is a mining engineer who also holds an MBA from the University of

Western Ontario. He has been active in the mining industry since 1969, holding various

positions including mining engineer, mine superintendent, President and CEO of

numerous Canadian mining companies. Following 10 years with Cominco, Paul became

Vice President and President of Mascot Gold Mines Ltd., initially working on the design

and construction of the Nickel Plate mine in BC. Subsequently Paul became a Vice-

President of Corona Corporation where he was responsible for western operations and

exploration for the company and was instrumental in the re-opening of the Nickel Plate.

In 1989, Paul was appointed Senior Vice President of Viceroy Resource Corporation

where he was responsible for helping to obtain financing and the construction and

operations of the Castle Mountain mine in California. As President of Loki Gold

Corporation and Baja Gold Inc, Paul was instrumental in arranging over $45 million in

mine financing and bringing the Brewery Creek Gold mine into production. Following

his departure from Viceroy in 1998 where he was President, Paul became President of

Standard Mining Corp., organizing the company and supervising its exploration activities

until 2001, when Standard Mining Corp. was merged with Doublestar Resources Ltd.

11. PROJECT CONSULTANTS

The following list details the main consultants Doublestar has utilized in this ongoing study: AMEC – Feasibility Study Pincock Allen and Holt (PAH) – 2002 Geological Resource/Reserve Calculations

and Mine Planning Studies

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PROCON Tunneling and Mining Contractors– Mining Studies Klaus Konigsman / Lakefield Research – Metallurgical Studies MacEllhanney Consultants– Access Road Designs and Water Sampling Studies EDI Environmental Dynamics Inc – Fish Habitat Studies NORCAN – Archeological Studies ARDEA – Wildlife Impact Studies BC Research / SRK – ABA and Metal Leaching Studies Bio Logic Consulting – Benthic, Periphyton and Sediment Chemistry Studies SRK Consulting – Summarizing the Environmental Reports

12. COMPANY REPRESENTATIVES:

Contact: Paul F. Saxton Doublestar Resources Ltd. Title: President 305 – 1549 Marine Drive Phone: 604.922.7377 West Vancouver, B.C. Fax: 604.922.8280 V7V 1H9 E-mail: saxton@doublestar.net Contact: Alan C. Savage Doublestar Resources Ltd. Title: Chairman and CEO 305 – 1549 Marine Drive Phone: 604.922.7377 West Vancouver, B.C. Fax: 604.922.8280 V7V 1H9 E-mail: savage@doublestar.net Contact: Paul D. Gray Doublestar Resources Ltd. Title: Earth Science 305 – 1549 Marine Drive Phone: 604.922.7377 West Vancouver, B.C. Fax: 604.922.8280 V7V 1H9 E-mail: gray@doublestar.net

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