ENGINEERING OBSERVATIONS

"There are three placers known to exist on the (Steifer) property and the potential for the discovery of significant gold values is excellent."

"Historically, adjacent properties produced substantial quantities of placer gold and were mined up to the boundary of the Steifer property."

"This (Steifer) property appears to have significant economic potential and would likely be a major contributor to the economy of Butte County as an employer and as a consumer of goods and services. It would also make a significant contribution to the tax base of the county."

Glenn Blachford, VP Enginering
Bullion River Gold Corp

April, 2006