Gold Exploration in Western USA

Orsa Ventures can earn a 100% interest in the Quartz Mountain and adjacent Angel's Camp properties (Quartz Mountain) subject to the terms and conditions disclosed in news releases dated October 24, 2011 and March 7, 2013. Quartz Mountain, comprising 244 unpatented claims is located in the Fremont-Winema National Forest in Lake County, southern Oregon

Approximately 30 miles (50 Km) west of the community of Lakeview, the property is accessible year round by a pave highway and an extensive network of forest service roads. Orsa has established an office and core storage facility in Lakeview as its base of operations.

It is estimated that $55- 60 million has been spent on historic exploration and development. Over the past months, Orsa has been able to compile the majority of that data including two feasibility studies completed in 1989 and 1991 adding significant value to the project.

Quartz Mountain is located on the northern extension of the prolific Basin and Range Province of Nevada where historic production of gold to 2011 is in excess 200 million troy ounces of gold. Extensive gold mineralization occurs within late Miocene rhyolite domes and adjacent basaltic flows, tuffs and volcaniclastic rocks.

A March 21, 2012 National Instrument 43-101 compliant report on Quartz Mountain (the 43-101 Report) prepared by Resource Modeling Inc. and Discovery Consultants resulted in an inferred resource estimate of 2.848 million ounces of gold on the 100% owned portion of the property. That resource has been identified on just two of several rhyolite domes on the property, the Quartz Butte and Crone Hill domes as shown in Table 1.

Table 1: Undiluted Inferred Mineral Resource

	Imperial Units					Metric Units
Area/Material	Au Cutoff (opt)	Tons (000)	Au (opt)	Au Oz s (000)1		Au Cutoff (g/t)	Tonnes (000)	Au (g/t)	Au Oz s (000)1
Total Oxide	0.006	70,710	0.018	1297		0.21	64,148	0.63	1,297
Total Sulfide	0.017	51,036	0.03	1,551		0.58	46,300	1.04	1,551
Total Project	n/a	12,1746	0.023	2,848		n/a	110,448	0.80	2,848

Notes:
1 Contained gold ounces -- not recovered ounces
Short ton conversion to metric tonnes (ton *0.9072 = metric tonne)
Ounces per ton to grams per tonne conversion (opt/0.0292 = g/t)

Note: Mineral Resources which are not Mineral Reserves do not have demonstrated economic viability. Inferred Mineral Resources have a high degree of uncertainty as to their existence, and a great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an Inferred Resource will ever be upgraded to a higher category.

The resource model incorporates 730 drill holes totaling 80,000 metres (263,000 feet) of drilling. A 3,000 metre (9850 feet) drill program has been recommended to confirm the resource.

Disseminated micron-sized native gold mineralization at Quartz Mountain accompanies pervasive silica flooding and quartz veining and is associated with pyrite, marcasite and stibnite or their oxidized equivalents. Several high grade intercepts have also been identified at the Crone Hill and Quartz Butte zones ash shown in Table 2.

Table 2: High Grade Intercepts

Area	Drill Hole	From	To	Interval	Gold Grade
		(feet)	(feet)	(feet)	(oz per ton)
CH	QM-440	500.0	505.0	5.0	2.8
CH	QM-441	515.0	520.0	5.0	1.5
CH	QM-487	208.0	217.0	9.0	1.0
CH	QM-518	310.0	315.0	5.0	10.0
CH	QM-072	147.5	152.0	4.5	1.8
CH	QM-079	200.0	205.0	5.0	1.9
CH	QM-411	230.0	235.0	5.0	2.2
CH	QM-448	255.0	260.0	5.0	2.3
CH	QM-477	285.0	290.0	5.0	1.5
QB	QM-388	350.0	355.0	5.0	1.0
QB	QM-432	275.0	280.0	5.0	1.3
QB	QM-669	185.0	190.0	5.0	1.2
QB	QM-700	660.0	670.0	10.0	3.5
QB	QM-701	485.0	490.0	5.0	3.4
QB	QM-705	685.0	690.0	5.0	1.5
QB	QM-709	350.0	355.0	5.0	1.5
QB	QM-710	405.0	410.0	5.0	1.1
QB	QM-451	515.0	520.0	5.0	1.1
QB	QM-700	590.0	595.0	5.0	1.3
QB	QM-455	215.0	220.0	5.0	1.2

Mr. Matt Bender, QP, PE, Director of Metallurgy for JDS, submitted a review of all metallurgical work completed on oxide and sulphide mineralization at the two domes. The results, release in a news release dated February 12, 2013 indicated that oxide mineralization responds well to heap leaching with ½ to ¾ inch crush size. More work is required to refine recoveries for sulphide mineralization. It is the consultants opinion that sulphide mineralization may be economically recovered by milling and cyanidation. Test work to refine a process would include testing for crush and grind size, mineralogy, flotation, leaching and settling and filtration.

There are several other domes on the property that merit exploration for bulk tonnage and high grade potential.

The principal target at Angel's Camp Dome was the potential for high grade gold veins and shoots. In 2004, Quincy Gold Corp. encountered bonanza gold grades in drilling at Angel's Camp which is located approximately 2.5 miles (4 Km) east of the Quartz Butte and Crone Hill deposits. Eleven holes totaling 5,903 feet (1,800 m) intersected epithermal veins and vein breccias. Several gold bearing intercepts were discovered.

In 2007, Predator completed a computer modeled evaluation of all available drill data for Angel's Camp revealing a NNW trending, subvertical zone of high-grade gold intercepts approximately 200 feet (61 metres) in length and 35-50 feet (10.7 to 15.2 metres) in width plunging steeply to the north. In 2009, Predator completed a nine-hole drill program totaling 4,192 feet (1,278 metres) confirming the existence of bonanza-style gold mineralization within a broad altered envelope that may host lower grade, bulk tonnage mineralization.

Drews, Angel's Peak and Angel's South targets each represent additional dome structures and are anomalous in gold, mercury, antimony and arsenic. Angel's Peak was a former mercury producer. Concepts for an exploration program on and around these domes are being developed.

Maps