Equip: Increases spell power by 68. Equip: Slightly increases your stealth detection. Use: Allows you to look far into the distance.
Sell Price: 4 66 76
Source
The Schematic drops off Sunwell Plateau trash and requires 375 Engineering to make, but only 350 to use. The pattern is Bind on Equip.
Patch changes
Patch 3.2.0 (04-Aug-2009):[Mote Extractor] now has innate tracking for gas clouds while it is in your inventory. Tracking of gas clouds has been removed from goggles.