Satterly Property

The “Satterly Gold Project” is located approximately 100 kilometres east of Red Lake, Ontario, in the north eastern part of the Birch-Uchi greenstone belt, lies south west of and abuts “Gold Canyon’s” new discoveries at Springpole Gold Project.

Mega’s immediate exploration plans include air photography and airborne geophysics to identify structures and or intrusions that may control or host mineralization. Compilation of this and other historical information will lead to a summer program of ground prospecting and selected geochemistry on areas of interest.

The project encompasses 4,736 hectares (11,698 acres) and the northern portion of the property is centrally located between the Swain Lake, Main, East Extension and Portage deformation zones identified by Gold Canyon Resources and consists of northwest to east west trending metasediments and metavolcanics. Historically gold mineralization on adjacent properties is associated with sulphide disseminations and quartz carbonate veinlets that are hosted in shear zones within the metavolcanics and metasediments. Gold Canyon Resources Inc. (Gold Canyon) speaking to their Springpole Gold Project in their March 15, 2011 news release stated that “Springpole is an alkaline intrusion hosting a gold system that represents a new style of Canadian Archean Shield gold deposit.” This new interpretation of the Springpole resource adds another exciting element to the area.

On May 9, 2011 Mega entered into the agreement with Perry English on behalf of Rubicon Minerals Corporation to acquire a 100% interest in the Satterly property.