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                                                                    Exhibit 20.1


                             SUMMARY GEOLOGY REPORT

                               ON THE GAB PROPERTY

                                CROSS LAKE AREA,

                  SOUTH MINING DISTRICT, NORTHWEST TERRITORIES

                                    GAB CLAIM
                                     F81801


                                 N.T.S. 85-P-3/4

Latitude 63 05' North                                    Longitude 113 30' West

                                       for

                              Palomine Mining Inc.
                           Suite 507 - 595 Howe Street
                           Vancouver, British Columbia
                                     V6C 2T5






                                       by


                                 Glen Macdonald
                                   June, 2005
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                                             TABLE OF CONTENTS



            SUMMARY ............................................................................        ii

 1.         INTRODUCTION AND TERMS OF REFERENCE ................................................         1

 2.         PROPERTY DESCRIPTION AND LOCATION ..................................................         2

 3.         ACCESSIBILITY, CLIMATE, LOCAL RESOURCES, INFRASTRUCTURE and PHYSIOGRAPHY............         3

 4.         HISTORY ............................................................................         5

 5.         GEOLOGICAL SETTING .................................................................         6
            5.1 REGIONAL GEOLOGY of the AREA ...................................................         6

 6.         DEPOSIT TYPES ......................................................................         8

 7.         MINERALIZATION .....................................................................         9

 8.         EXPLORATION SUMMARY ................................................................        11

 9.         DRILLING SUMMARY ...................................................................        24

  10.       SAMPLING ETAL, DATA VERIFICATION ...................................................        24

  11.       ADJACENT PROPERTIES ................................................................        24

  12.       INTERPRETATION AND CONCLUSIONS .....................................................        25

  13.       RECOMMENDATIONS ....................................................................        28
            13.1     BUDGET ....................................................................        29

14          STATEMENT OF QUALIFICATIONS ........................................................        30

                 APPENDICES

            APPENDIX I - REFERENCES

            APPENDIX II - ASSAY WORK SHEET

                 LIST OF TABLES

 1.        ASSAY RESULTS .......................................................................    At end

                 LIST OF FIGURES

                 1.  LOCATION MAP ..............................................................    At end
                 2.  REGIONAL GEOLOGY
                 3.  ZONE "A" LOCATION .........................................................    At end
                 4. TRENCH SAMPLE LOCATION .....................................................    At end


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                                     SUMMARY

Palomine Mining Inc. has the option to purchase a 80% interest the Gab Mining
Claim from Mr. Max Braden of Yellowknife N.W.T.. The property consists of one -
18 unit claim block containing 1112 acres which have been staked and recorded
with the South Mining District, Northwest Territories. No legal survey of the
claims has been undertaken.

The Gab Mining Claim, located near Cross Lake is about 80 km northeast of the
city of Yellowknife, Northwest Territories, on NTS map sheet 85-P-3/4, is a gold
exploration project. The claims are accessible by float plane to Cross Lake or
helicopter. An old winter road exists from Cross Lake to the old mine site of
Discovery Mines. Facilities and the skilled population base at Yellowknife is
readily available.

The property is underlain by metasedimentary rocks of the Yellowknife Super
Group intruded by the narrow pegmatite and broader granite dykes.

Past work on the Gab Mineral prospect since 1937 has indicated the presence gold
bearing quartz veins within a deformation zone in the more mafic rich units of
the metasediments.

A recommended two phased mineral exploration program consisting of air photo
interpretation, geological mapping, geochemical soil sampling and geophysical
surveying will enhance the targets for diamond drilling. This two phase
exploration program to fully evaluate the Gab prospect, at a cost of $15,000, is
fully warranted to be undertaken.


                                       ii
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1. INTRODUCTION


In 2004, Palomine Mining Inc. acquired an option to purchase an 80% interest in
the 18 unit Gab mineral claim which was staked to cover gold bearing quartz
veins within the Yellowknife metasedimentary Group of rocks that host most of
the known gold mineralization in this area.

The claims are located near Cross Lake, in the South Mining District of
Northwest Territories, Canada, 80 kilometres northeast of the city of
Yellowknife.

Previous exploration work to investigate the mineral potential of the property
has outlined some favourable areas for continued exploration and development.

This report was initiated by Palomine Mining Inc. to summarize the exploration
results of a Phase I survey program at the Gab Mineral claim. This program was
conducted during September 2004 and May 2005 at an approximate cost of $5000 US.


                                       1
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2. PROPERTY DESCRIPTION AND LOCATION


The Gab claim project is located on Mac Lake, 8 miles south of Thistlewaite Lake
in southern Northwest Territories, Canada, approximately 80 miles northeast of
Yellowknife, Northwest Territories on NTS map sheet 85-P-3/4 at approximately
Latitude 63(1)05"N and Longitude 113(degree)30'W. The Gab claim is summarized as
follows:

 -------------------------------------------------------------------------------
   Claim       Record       Recording         Registered         Current
               Number       Date              Owner              Expiry Date
 -------------------------------------------------------------------------------
 -------------------------------------------------------------------------------
   Gab         F81801       May 28, 2003      Max Braden         May 28, 2006
 -------------------------------------------------------------------------------

These claims are administered by the Mineral Tenure Act of Northwest Territories
and require $100 worth of assessment work to be undertaken in Year 1 and 2 ,
followed by $200 per claim per year thereafter. No legal survey of the claims
has been undertaken since it is not common exploration practice to conduct such
expensive surveying at these early stages of exploration. Figure 2 shows the
claim locations as presently known.

There are no known environmental concerns or parks designated for any area
contained within the claims. The property has no encumbrances. As advanced
exploration proceeds there may be bonding requirements for reclamation.


Palomine Mining Inc. has the option to purchase a 80% interest in the property
from Braden.


                                       2
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3. ACCESSIBILITY, CLIMATE, LOCAL RESOURCES, INFRASTRUCTURE AND TOPOGRAPHY


The claims are accessible by float plane to Gordon Lake or helicopter. An old
winter road exists from Cross Lake to the old mine site of Discovery Mines.
Facilities and the skilled population base at Yellowknife is readily available
and will provide all the necessary services needed for an exploration and
development operation, including police, hospitals, groceries, fuel, helicopter
services, hardware and other necessary items. Drilling companies and assay
facilities are present in Yellowknife.

Sub Artic alder and white lodge pine intermixed with tundra bogs grow throughout
the area and good rock exposure is found along the lake shores. Winters are cold
with generally medium snowfall accumulations and summers are temperate with
adequate precipitation.


Figure 1 of this report shows the project location.


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4. HISTORY


Gold was first reported in the area in the early 20,11, century in outcrops in
the Thistlewaite Lake area. Mineral claims were recorded in the 1945 covering
gold-quartz veins in the outcrops of the surrounding area of the Gab Claim after
the 1938 discovery of the Discovery Mine.

Numerous showings of this type of mineralization have been discovered in the
area and some minor prospects have achieved significant production, with ore
being shipped to the Discovery Mine Mill located west of the west end of
Thistlewaite Lake. The Discovery mine produced 1,114,000 ounces of gold from
1,100,000 tons of ore. A grade of 1.01 ounces of gold per ton was achieved.

During the 1940's several properties north of and including the Gab Claim were
drilled by mineral exploration companies, including Consolidated Mining and
Smelting (Teck Cominco).

Early exploration work on the Gab claim was reported in the 1940's and consisted
of several drill holes totaling 6380 feet of drilling, surface trenching and a
shaft sunk to 38 feet total depth.

Treminco Explorations Canada Ltd. optioned the property and carried out programs
of limited geological mapping during 1986 and followed up with drilling on
adjacent properties.


The claim lapsed and was staked by the current owner, Max Braden, in 2003.


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5. GEOLOGICAL SETTING

5.1 REGIONAL GEOLOGY OF THE AREA

The property lies within the region underlain by metasedimentary rocks of the
Archean Yellowknife Super Group which consists primarily of metamorphosed
turbidites and associated sediments. Structurally the area has been subjected to
significant folding and faulting which has resulted in deformation zones.

In the immediate area of the property, quartz-mica hornfels (originally impure
quartzites or greywackes of probable turbidite origin) are found interlayered
with finer grained, more argillaceous units mostly quartz -biotite schists. The
sequence is intruded by the narrow pegmatite and broader pink granite dykes or
sills.

5.1.1 PROPERTY GEOLOGY

The Gab property is underlain by the metasedimentary rocks of the area intruded
by a granite pluton on the east. Detailed investigation of properties in the
region suggest that the gold-bearing quartz vein is confined to a fairly
discrete narrow zone within the metasedimentary unit that is more mafic in
content and more complexly folded than the adjacent greywackes to the south and
quartz-mica schists to the north. The folded Gab vein exhibits a
bedding-parallel quartz vein system within a deformed mafic rich unit.

Strong foliation occurs in a north-south direction with quartz veins orientated
sub-parallel to the foliation in greywacke metasediments that vary from biotite
rich to knotty porphyroblastic composition.

Host rocks to the deformation zone in the immediate area of the quartz vein
structure are unexposed.


The mineralized structure of the Gab vein may be a continuation of the nearby
Sparta vein.


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6. DEPOSIT TYPES

On a regional basis this area of Northwest Territories is notable for
quartz-vein occurrence of rich gold deposits of Discovery mine type that occur
at the contact between units in the Yellowknife Super Group in structural
deformation zones. Often there are associated granitic intrusives as dikes,
sills or small plugs.


7. MINERALIZATION

Gold mineralization on the property is associated with vein quartz and minor
disseminated sulphides that consist of pyrite, galena, sphalerite. Some
occurrences of visible gold have been reported from the Gab vein.

Within the quartz vein zone gold grades are usually erratic. Other quartz vein
zones not associated with this main zone are present on the property.


8. EXPLORATION SUMMARY

Past work Gab Mineral prospect since 1945, has indicated the presence gold
bearing quartz veins within a deformation zone in the more mafic rich units of
the metasediments

Exploration work in the 1980's has not to the author's knowledge included any
attempt to drill the structure to the north. Records indicate that no detailed
exploration has been completed on the property since the 1940's coinciding with
the economic downturn in mineral exploration in Northwest Terrritories.


9. DRILLING SUMMARY

Drilling reported in 1946 on the Gab Claim was concluded in 1986 to have
suffered from a lack of planning and insufficient records remain to evaluate its
merit.


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10. SAMPLING METHOD; SAMPLE PREPARATION; DATA VERIFICATION

The current sampling program and all previous exploration conducted to date has
been conducted according to generally accepted exploration procedures with
methods and preparation that are consistent with generally accepted exploration
practices. No drilling sampling or recovery factors are material to the accuracy
and reliability of the results reviewed to this report.


The laboratories used for analysis are recognized reputable laboratory certified
to complete the analysis and employ their internal checks and quality control.


11. ADJACENT PROPERTIES

Adjacent properties are cited as examples of the type of geology that has been
found in the area and are not major facets to this report.


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12. INTERPRETATIONS AND CONCLUSIONS

The area is well known for numerous productive mineral occurrences. The locale
of the Gab claim is underlain by the same rock units of the Yellowknife Super
Group that are found at those mineral occurrence sites and with relevant
associated deformation structures along contacts between differing rock units.

These rocks consisting of metasediments have been intruded by the granitic
sills, dykes and plugs associated with gold mineral occurrences in the region.

Structures and mineralization consistent with that found throughout the region
associated with gold deposits occur on the claim.

The current work program included geological review of the property, cleaning
out and re-sampling of the old "Zone A" trenches. Assays for gold ranges from a
low of 6.3 ppb (Parts per billion) to a high of 17,767 ppb (17.76 grams per ton
or 0.52 ounces per ton) and demonstrate that quartz veins in the area are
permissive to contain gold in significant quantities. Further exploration is
warranted and recommended for the Gab Claim vein systems, including a review of
the granite intrusive stock to the east.


13.      RECOMMENDATIONS

Initiation of the second phase of exploration to further delineate the
mineralized system currently recognized on the Gab Claim is recommended.

This program should include of air photo interpretation of the structures, both
regionally and detailed on the area of the main showings, followed with
geological mapping and geophysical surveying. This exploration work is intended
to guide a follow-up diamond drill program, so that the known mineralization and
the whole property can be thoroughly evaluated with the most up to date
exploration techniques.


                                       8
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13.1 BUDGET

The proposed budget for the recommended work in Cdn$ is as follows:


   1.    Detailed Geological Mapping                      $    3,200

   2.    Geophysical Surveying                            $    4,000

   3.    Assaying                                         $    1,000

   4.    Air support                                      $    1,800

   5.                              TOTAL                  $   10,000
                                                          ----------


                                       9
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14. STATEMENT OF QUALIFICATIONS

I, GLEN MACDONALD, of 303 - 1334 Cardero Street, Vancouver, BC, hereby certify
that:

         1.       I am a graduate of the University of British Columbia with
                  degrees in Economics (B.A., 1971) and Geology (B.Sc., 1973);

         2.       I have practiced my profession as Geologist since graduation;
                  over 28 years;

         3.       I have worked as a Geologist for Whitehorse Copper Mine and
                  acted as District Manager for Exploration for Yukon/Western
                  N.W.T. for Noranda Exploration and am therefore qualified to
                  write this report and recommend the proposed exploration
                  program and budget in this report;

         4.       I have practised Geology as an Independent Consulting
                  Geologist since 1983;

         5.       I am a member of the Association of Professional Engineers,
                  Geologists and Geophysicists of Alberta (No. 36214);

         6.       I am a member of the Association of Professional Engineers and
                  Geoscientists of the Province of British Columbia (No. 20464);

         7.       I am familiar with the geology of the Coast Range having
                  worked and reviewed several similar projects over the years.

         8.       I am responsible for this report and the opinions expressed
                  therein.

         9.       There are no material facts or material changes in the subject
                  matter of this report that would mislead the reader.

         10.      I have no interest, direct or indirect, in the properties or
                  shares of Palomine Mining Inc., nor do I expect to receive
                  any.

         11.      I have no prior involvement with this property and have read
                  Instrument and Form 43-101 F 1 and this technical report has
                  been prepared in compliance with this instrument and Form
                  43-101 Fl.

         12.      I hereby grant my permission for Palomine Mining Inc. to use
                  this report for any corporate use normal to the business of
                  the Company.

         Dated at Vancouver, BC, this _____ day of June, 2005.



Glen Macdonald, P.Geol., P.Geo.


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                                   APPENDIX I
                                   ----------


                                   REFERENCES


REFERENCES
----------


KLEWCHUK, P., OCTOBER 7, 1986, GEOLOGICAL REPORT ON THE GAB GROUP. REPORT FOR
         TREMINCO RESOURCES LTD.

KLEWCHUK, P., MARCH 1987, GEOLOGICAL REPORT ON A DIAMOND DRILL PROGRAM AT THE
         GAB CLAIMS. REPORT FOR TREMINCO RESOURCES LTD.

PADGHAM, W.A., 1985, TURBIDITE HOSTED GOLD QUARTZ VEINS IN THE SLAVE PROVINCE
         N.W.T., G.A.C. SPECIAL PAPER 32

SENKIW, M.L., 1983, ORE RESERVE CALCULATION OF THE SPARTA DEPOSIT GORDON LAKE,
         N.W.T. FOR ANTHONY F. SHEARCROFT.

PADGHAM, L. 1988, GEOLOGICAL REPORT EXPLORATION PROGRAM 1987: Heather, PETE,
         BILL, RON, TINKER MINERAL CLAIMS


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