Mexivada Mining Corp. - Goldstorm

Mexivada controls the highly prospective Goldstorm Project, in northwestern Elko County, Nevada, along the Midas Gold Trend. Two exploration holes were drilled at Goldstorm in late 2010, for Carlin-style and Midas Mine-style gold mineralization, with discovery of high-grade Midas-style gold mineralization. Mexivada controls 227 lode mining claims (4,540 acres) and an interest in 1,120 acres of private land at our Goldstorm Au-Ag property in Elko County, Nevada. Goldstorm lies directly on the Midas - Northern Nevada Rifts Gold Trend and near the intersection of the Carlin and Getchell Gold Trends (+100,000,000 ounces of gold), just northwest of the Midas Mine and just northeast of the giant Twin Creeks-Getchell-Turquoise Ridge mega gold mine complex of Barrick Gold and Newmont Mining. Goldstorm has had 53 previous exploration holes for Midas-style gold deposits drilled on certain parts of it by Touchstone, Romarco, Crown Resources, Newmont (3 holes), and West Kirkland Mining.

A high-grade (39 g/t Au) float boulder train of gold mineralization was found at the surface by earlier owners of the property. Goldstorm also has excellent untested, large-scale Carlin-style gold-silver gold targets with multi-million ounce gold potential along 3 uplifted "horst" fault blocks that are up to 7 kilometres long each. These faults may have brought gold-silver mineralization and Paleozoic target rocks to within 200 to 300 metres of the ground surface; excellent targets, some of which have never been drill tested. Mexivada completed a soil sampling test program here along possible gold feeder faults, and an Induced Polarization survey, which validated the shallow-depth gold targets. This property has potential for a multi-million ounce gold mine, using Midas and Leeville Mine-type Carlin-style gold deposit models. Metallurgically compatible milling facilities are present at Newmont's Midas Mine, situated 18 km to the southeast of Goldstorm, and at the Twin Creeks - Turquoise Ridge mines complex. Barrick Gold is evaluating the possibility of developing a "Super Pit" at the nearby Turquoise Ridge Mine. Goldstorm could encompass a mine area as large in size as this.

WKM drilled two exploration holes on the property in late 2010, and these hole locations are shown on the map attached below. WKM reported that the first hole was drilled into a Midas-style target that was defined by geophysics, and that a zone of gold mineralization was encountered between 63 and 125 metres core length, from the surface. The true width of this 62 metre wide "Middle Block" zone of anomalous gold mineralization is not known at this date. Gold values of up to 9.29 grams per tonne gold and 72.6 grams per tonne silver across 1 metre of core length were assayed in this interval (at 66-67 metres). The second hole by WKM, 544.3 metres in length, did not reach its intended geologic target, being a steeply west (-70 degrees) angled drillhole, attempting to hit a west-dipping reverse fault. The hole was bottomed in volcanic rocks, and no significant zones of gold mineralization were found in this hole, which was stopped east of the Carlin- and Midas-style gold targets by WKM.

Mexivada Mining Corp. has staked more than 227 lode mining claims (4,540 acres) and has leased interests in 1,120 acres of private land at its Goldstorm Au-Ag property in Elko County, Nevada. The property is located in the Snowstorm Mountains Mining District, 18 kilometres ("km") northeast of Newmont and Barrick's giant plus 35 million ounce producing Getchell-Turquoise Ridge-Twin Creeks gold mine complex, near the intersection of the Carlin-, Getchell- and Northern Nevada Rift gold Trends. Metallurgically compatible milling facilities are present at Newmont's Midas Mine, situated 18 km to the southeast of Goldstorm, and at Twin Creeks and at Turquoise Ridge.

Goldstorm is a large exploration property with outcropping high-level Midas-style low-sulfidation, gold-bearing quartz veining in felsic and mafic volcanic rocks, with one early-explored vein network system exposed along more than a 5.25 km length. New Midas-style gold-silver vein systems have been found away from the originally explored system. Rock chip samples collected by Battle Mountain Gold from a trench at the Prospect Hill zone assayed up to 9.0 grams per ton ("g/t") gold and 43.9 g/t silver across a surface trench width of 3 metres, and surface grab samples taken by prior explorers from the Dome Hill zone further to the south reportedly assayed up to 30 g/t gold (see maps below). Fifty-three exploration holes were drilled by 3rd party companies at Goldstorm between the 1980's and 2010, which included the Prochnau Syndicate, Battle Mountain Gold, Crown Resources/Romarco, Newmont, and WKM.

Mexivada studied outcropping high-level Midas-style gold- and naumannite (silver selenide) bearing quartz veining at the surface in silicified/replaced spherulitic rhyolites, which also are found near the top of the Midas Mine gold-silver system. This high grade gold-silver mineralization present at Goldstorm is believed to represent the "poddy" zone above possible zones of better continuity of gold mineralization, as exist at the Midas Mine below its 200 metre mine level. High-level chalcedonic to vein quartz mineralization is also exposed at the ground surface in the "Middle Block" discovery area. These zones of mineralization at Goldstorm have not been tested at the proper depths needed for possible ore continuity. Additional geologic mapping by Mexivada defined another 1.4 km long outcropping northwest- trending quartz vein system that was explored briefly by a few shallow test "air-track" rotary holes to 39 metres in depth by the Prochnau Syndicate, in the upper, "poddy" zone, and this Midas-type vein zone appears to never have been drilled at depth.

Mexivada completed ground gravity, ground magnetic-, and induced polarization surveys at Goldstorm, which indicated a large, shallow-depth horst block of uplifted Paleozoic basement rocks, with interpreted intrusive granitic rocks occurring on both sides of the horst (see maps below), a highly favorable exploration target for Carlin-style gold mineralization in Paleozoic carbonate-bearing sedimentary rocks, as occurs at Twin Creeks and Getchell. Third-party consultants feel that gold-favorable Paleozoic sedimentary host rocks of the Comus and Etchart Formations could be present at depth on the Property, as they also appear to be present at depth on the property immediately north of Goldstorm, controlled by Snowstorm LLC. No exploration holes have yet been drilled into these Carlin-style targets at Goldstorm, as of December, 2011.

Goldstorm has a highly favorable geologic setting, near to giant, multi-million ounce producing gold mines, and is large enough to host one or more multi-million ounce composite gold-silver deposits. No mineral resources or mineral reserves have been defined at Goldstorm.

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Goldstorm 2010 Drill Location Map
Horst Gold Target Area	Goldstorm IP IsoSurfaces Magnetics
Goldstorm Project Location	GOLDSTORM - Gold Trends, Magnetics
Goldstorm Structural Model	Goldstorm RTP Magnetics and Drilling
Goldstorm Targets	Goldstorm Gold Anomalies
Goldstorm, looking Northeast	Goldstorm Silver Anomalies
Goldstorm Drill Targets	Twin Creeks Mine (front) - Goldstorm (back)
Goldstorm 2009 Outcrop Map	Goldstorm Exploration - 2009