Location: The Rock & Roll property is located in the Liard Mining District approximately 9 km west of the Bronson airstrip and exploration camp in northern British Columbia.

Access: The property is accessible by aircraft, and is located 37 km from the Eskay Creek Mine Road.

Property: The property consists of 11 mining claims totalling 4244 ha. The claims are owned by a consortium composed of Misty Creek Ventures Ltd, First Fiscal Enterprises Ltd. and Pamicon Developments Ltd (the "Vendors").

Terms of the Option Agreement: PFN can earn a 100% interest in the Property over a four year period by completing $2,000,000 in exploration expenditures, paying the Vendors $130,000 and providing the Vendors with a total of 600,000 PFN shares. The Vendors will retain a 2% NSR, of which 1% can be purchased for $3,000,000. The Property is also subject to an underlying NSR of 2%, and an underlying NPI of 15%, both of which are payable to Prime Equities International Corporation, and both of which are purchasable in their entirety for $1,500,000 each. The Agreement is subject to regulatory approval.

Geology: The Rock & Roll Property hosts precious metals rich, volcanogenic massive sulphide (VMS) mineralization in a volcano-sedimentary host rock package of Triassic age. As such, the mineralization shows similarities to the gold and silver rich mineralization of Barrick Gold's past producing Eskay Creek mine (reserves at Eskay Creek as of January 1, 1999 were estimated at 1,355,965 tonnes grading 57.7 grams per tonne (g/t) gold and 2492.57 g/t silver; Government of BC, MINFILE No 104B 008).
 

Rock and Roll Historic Drill Hole RR91-037:
3 meters @ 3.19 g/t Au, 395.9 g/t Ag, 1.08% Cu, 1.09% Pb, 5.08% Zn
 

Known mineralization on the Rock and Roll Property occurs in multiple stacked sulphide lenses in two zones, the Black Dog and SRV zones, over a strike length of approximately 950 m. A total of approximately 14,000 m of core drilling in 110 drill holes was completed on the property from 1991 to 1997. Only six drill holes tested the host stratigraphy outside of the known mineralization, but at least 5 km of strike length of the prospective lithologies is present on the Property. Historic drilling has tested the known mineralization down to depths of only about 160 m. Thus there is the potential for additional mineralization along strike and at depth.

The Black Dog zone hosts an historic, non-NI 43-101 compliant, indicated resource of 580,544 tonnes grading 2.4 g/t gold, 335.9 g/t silver, 0.64% copper, 0.79% lead, and 3.1% zinc  (Government of BC, MINFILE No 104B 377).  Selected historic drill results that were included in this historic resource estimate are tabulated below.

2009/10 Work Program: PFN has embarked on an ambitious, $400,000 2009 work program on the Rock & Roll Property. A 350 line kilometre AeroTem3 helicopter-borne magnetic/electromagnetic survey covering the property was completed in early August by Aeroquest Limited.  Following interpretation of the airborne survey, a crew will be mobilized to ground truth anomalies. The crew will also complete re-sampling and partial re-logging of the existing core to re-evaluate historic results and interpretations. The core is stored at the Bronson airstrip, 9 km from the Property. Upon receipt of permits, a drill will be mobilized to the Property to complete infill drilling on the known areas of mineralization and to test anomalies identified by the airborne survey. Drilling is expected to commence in late September. The work will be managed by Equity Exploration Consultants Ltd. For an update on recent drilling programs, please refer to our press releases