TOODOGGONE PROPERTIES

Exploration

Preliminary data review suggests a number of the Toodoggone properties have drill ready targets that have been delineated using geochemistry, mapping and geophysics; in particular the Lois, Nub, Sickle (Sophia, Alexandria) and FogMess areas.

BCGold has engaged and independent qualified person to compile a Technical Report for the Sickle property within the eastern portion of the Claim Group. The property comprises three showing that deserve further exploration.

The Quartz Lake showing consists of two physically distinct, topographically separated vein systems are recognized cutting Toodoggone volcanic rocks up to 13 m in width.

The Sophia showing demonstrates porphyry-style mineralization restricted to a single outcrop (25 by 25 m) within medium to coarse-grained equigranular monzonite Mineralization consists of subparallel magnetite veinlets and subsequent layered quartz-magnetite (±specularite)- chalcopyrite stockwork veins enveloped by potassium feldspar alteration. Narrow, drusy quartz stringers cut the other vein types. Intense pyrite-sericite alteration occurs locally within the outcrop.

Other properties of interest:

The FogMess located 5km east of the Kemess South Mine. On the FogMess property sheeted vein systems and sheeted epithermal vein swarms follow the regional northwest mineralizing trend. The veins exhibit high-level epithermal low-sulphidation style mineralization characterized by banded chalcedonic and open-space silica plus pseudomorphed quartz after barite textures. These veins are highly anomalous in silver and gold. Slightly lower in the system, the Northern Vein set contains bonanza grade gold and silver values, up to 49.9 g/t and 791 g/t m respectively, in banded and open quartz veins with a higher-base metal content (for details see Stealth's press release dated October 31, 2006).

The Louis property contains low epithermal epithermal Au-Ag veins and stockwork. The veins were drill tested between the years 1986 and 1989 with approximately 70 drill holes. Many of these holes have been found in the B.C. Assessment Files and are being entered into a database by Stealth. The best intercept on record is 9 metres of 0.99 g/t Au and 58 g/t Ag. Drilling proved that vein-style mineralization was discontinuous but an alteration zone of 270 metres by 75 metres was defined. Alteration is characterized by quartz stockwork, up to 70% potassium feldspar and 0.1% disseminated pyrite. Two distinct veins systems occur within the broad zone of alteration. The veins systems are approximately 130 metres apart. The new airborne magnetic-radiometric survey reveals a potassic halo around a magnetic high. Stealth believes there is potential for porphyry mineralization below the vein system.

last updated: Jul 31, 2008