Infrastructure Materials Corp. provided report on the Klondyke Property. The Property consists of 134 mineral claims and four leased patented claims located in Esmeralda County, Nevada approximately 12 miles south of the town of Tonopah. The Property lies approximately five miles southeast of the Allied Nevada Gold's Hasbrouck project and about 11 miles northeast of Columbia Mountain, which is adjacent to the town of Goldfield. The Property's geology was mapped by the company in 2007 at a scale of 1:12,000, and five separate grids were laid out and sampled to cover alteration zones outlined during the mapping program. Mapping and grid sampling to date indicate strong NE/SW bearing anomalous zones to the south of the old mine working where the structure runs NW/SE. Grid sampling also identified a large gold-only anomalous zone in the southern portion of the Property. A limited 1,550 foot reverse circulation drilling program was completed in the first half of April 2012 to test some of the surface anomalies. Three holes (KDR1-3) were targeted around a 6,640 grams per tonne (g/t) Ag surface sample from a vein exposed in a prospect pit in the northwest portion of the Property. Hole KDR1 intercepted the vein and had a 5 foot interval of 349.2 g/t Ag from 10 to 15 feet in depth. Hole KDR2 encountered vein mineralization ranging between 22 g/t to 92 g/t silver from 0 to 15 feet in depth. Hole KDR3 encountered strong silver anomalies ranging between 2.9 g/t to 22.2 g/t from 0 to 25 feet in depth. Hole KDR4 tested a covered target of the vein structure intercepted by holes KDR1-3, but failed to intercept the target at that location. Hole KDR5, located on the southern portion of the Property, targeted a >200 parts per billion (ppb) gold in rock chip anomaly. Gold anomalies ranging from 75 ppb to 105 ppb were encountered in the first 15 feet from hole KDR5 and weak anomalies ranging from 5 ppb (detection limit) to 43 ppb were encountered for 500 feet in disseminated sulphide, with varying amounts of sericite alteration and silicification in the rhyolite host rock. No silver anomalies were noted at hole KDR5; however, follow up drilling is warranted due to the alteration observed in this hole.