The Look Twice property consists of 100 claim units located in the Fast Creek area 70 km NW of Creston, in south-eastern British Columbia. The Look Twice property area is distinguished by highly anomalous base-metal values in soils over a 4.0 km strike-length, coincident with areas of high chargeability . Creeks draining the anomaly area are reported to contain stream-sediment values as high as 500ppm Pb and 3000 ppm Zn. Soil sampling and profiling returned values as high as 3500 ppm Pb and 9,000 ppm zinc. The soil geochemical/chargeability anomaly area has not been tested by trenching or diamond drilling.

Host lithologies consist of Precambrian aged sediments belonging to the Aldridge and Creston formations. Past work on the property was limited, with a single hole drilled to test a chargeability anomaly. Bato has compiled all existing data on the property, and has identified an attractive drill target located along a pronounced soil geochemical anomaly with a coincident high-intensity geophysical feature. Bato is seeking involvement by a third party to participate in the exploration of the property, and is prepared to relinquish a majority interest in the project to facilitate this.

San Project

Geoconsulting Inc. announces that it has commenced planning for a major exploration program on the Devil property in northern  Saskatchewan. Gold at Devil is associated with extensive quartz pebble conglomerates. Reefs at Devil are exposed over a strike length of 3 km and likely extend much further under cover. The property covers a strike length of 6 kilometres of the favorable Formation. The mining activity and outlined resources are within only 5 kilometres of this total strike length with only limited exploration on the remainder of the belt which has many garimpeiro (free miner) workings. There is also excellent potential for higher grade deposits associated with shear zones and ultramafics as well as open pitiable heap leach deposits. Resources plans an integrated exploration program which will commence with analysis of remote sensing data and compilation of historical data, using a geographical information system (GIS), and 3D-modelling software. A detailed helicopter-borne magnetic, electromagnetic and radiometric survey at 100 meters line spacing and totaling approximately 1500 line kilometers is planned. Ground follow-up will include geological mapping, sampling, trenching and prospecting with ground geophysical surveys (induced polarization and electromagnetic) over selected targets. Over 2000 meters of diamond drilling is planned to follow-up known targets and new targets outlined in the planned program. The first drilling will follow-up the 6.0 meters of 0.07 gm intersected at property in 1987. The program is expected to commence this fall. Bato Resources is in advanced discussions with several potential investors to complete a financing for the first phase of this program for 2002. In addition, we continue to seek other targets in gold exploration, particularly in British Columbia, where recent favorable changes in mining laws provide an excellent opportunity for further gold exploration and mining.

Sandy Lake Property

The Sandy Lake property consists of a total area of 1,000 hectares. The project is a joint venture between Oreo and Blue Mountain Resources Ltd. with Oreo owning a 51% and Blue a 49% working interest. The project area is located 100-air km east of La Ronge, Saskatchewan. Access is by paved road or helicopter. Sandy Lake lies within the Churchill Structural Province of the Precambrian Shield. Rock-types include mixed metavolcanics and metasediments within dominantly granitic and granodioritic gneisses and younger granitic bodies.

The area is well mineralized with both gold and base metals visible in many locations. Higher concentrations of these metals are generally associated with shearing.

In 2000, Oreo carried out a limited prospecting program on the west of Sandy Lake. Rock samples from old trenches returned assay values up to 0.30 ounces of gold per ton and 2.31% copper. A detailed prospecting program consisting of soil geochemistry and trenching was completed. Trenches were blasted and dug at several locations and 90 soil samples were collected. After analysis results were very encouraging with the best results from trenches at the west of the mineralized zone. A shear zone 20 meters wide was exposed. Chip sampling was done with average values of 0.12 ounces of gold per ton and 2% copper over a width of 7 meters. A trench 400 meters west exposed 5 meters of shearing with average values of 0.02 ounces of gold per ton, 1% copper and 0.2% nickel. Some sample values showing as high as 0.35 ounces of Au per ton, 4% Co and 0.5% Ni. The soil sampling results showed anomalous values for gold, copper and nickel across the property.