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52N89SWe012 63.4833 BROWNSTONE LAKE 010

1985 GEOLOGY, GEOCHEMISTRY, GEOPHYSICS,TRENCHING AND DIAMOND DRILLING

REPORT OF GOLDEN TERRACE RESOURCES'

- RICHARDSON LAKE PROPERTY -

4DX Ltd. P.O. Box 279 Kleinburg, Ontario LOJ ICO

By: Carry K. Smith

Date: February, 1986

frem 4 DX Limited, RO. Box ? 7 C), K le'inburcj m Ontario IOJ ICO (416) 893-?03S

TABLE OF CONTENTS - PART l

1. SUMMARY l

2. INTRODUCTION 2A. LOCATION - 2B. OWNERSHIP AND STATUS 2

1. Owner 2Z. Interests 23. Property 34. Abandonments 3

C. HISTORY 3 D. PREVIOUS EXPENDITURES 1E. PREVIOUS EXPLORATION 1F. PRODUCTION 6C. OBJECTIVES 7

3. EXPLORATION 8 A. RECONNAISSANCE AND RESEARCH 8B. PROSPECTING 8C. GEOLOGICAL MAPPING 8D. GEOCHEMISTRY 9E. GEOPHYSICS 9F. TRENCHING 9

1. GEOLOGY 11A. REGIONAL GEOLOGY 11B. ROCK TYPES 11C. MINERALIZATION 16

5. GEOPHYSICS 23A. GROUND GEOPHYSICS 23

1. Methods 232. Results 23

B. AIRBORNE GEOPHYSICS 211. Methods 212. Data Presentation 273. Results 29

6. GEOCHEMISTRY 35A. METHODS 35B. DATA PRESENTATION 35C. RESULTS 36

7. DIAMOND DRILLING 37A. CORE HANDLING 37B. ASSAY PROCEDURES 37C. SUMMARY OF RESULTS 37

- li -

Page #

8. FINANCE 12 A. EXPENDITURE SUMMARY 42

9. AGREEMENTS 44

10. STAFF 45

11. CONCLUSIONS 46

12. RECOMMENDATIONS AND 1986 BUDGET 48

13. REFERENCES 49

14. CERTIFICATE OF QUALIFICATION 50

TABLE OF CONTENTS - PART 2

1. LOCATION MAP, PROPERTY MAP (1937, 1985)

2. GEOLOGY MAP (1985)

3. GEOCHEM MAPS - Au, As (1985)

1. GROUND GEOPHYSICS1. NORANOA MAGNETICS MAP (1981)2. NORANDA l.P. MAP (1981)3. DOME ELECTROMAGNETICS

- REPORT AND MAP (1958-59)

5. AIRBORNE GEOPHYSICS1. AERODAT - REPORT AND MAPS (1985)

6. DIAMOND DRILL LOGS1. GOLDEN TERRACE (1985)2. CAMPBELL RED LAKE MINES (1959)3. COCHENOUR WILLANS GOLD MINES (1975)

7. UNDERGROUND SURVEY PLAN1. KOSTYNUK'S SHAFT, 40' LEVEL (1965)

8. ASSAY CERTIFICATES1. ROCK SAMPLES2. CORE SAMPLES3. SOIL SAMPLES

1. SUMMARY

The Richardson Lake Project of Golden Terrace Resources began by

optioning 33 claims from the Kostynuk brothers of Red Lake and

staking additional claims bringing the group total to 142. All

cash, stock and work commitments have been met by the company and a

HI N .S.R. is retained by the vendors.

A detailed airborne geophysical survey was completed over the pro

perty, followed by geological mapping, geochemical surveys and 1,520

feet of diamond drilling proximal to the Kostynuk's old shaft. The

best drill hole to date, K-6, returned values of 0.154 ounces gold

over 9.75 meters (32 feet) Including 0.287 over 3.35 meters (11

feet) within a section of quartz-arsenopyrite-serlcite alteration.

It was apparent from the drill results that a strong structural

focus of N.100W controls mineralization In areas so far Investi

gated and, further, that gold occurs in quartz-sericite-sulphide

alteration zones In brecciated iron formation that form at the

intersection of cross-cutting fracture zones.

Effective exploration tools Include humus geochem for detection of

gold-arsenic mineralization and l.P. for the detection of dissemi

nated sulphide alteration zones.

After a first phase program cost of approximately S215,000, It is

considered that the potential for the existence of an economic gold

deposit is considered high and therefore it is recommended that a

1986 budget of $500,000 be approved.

2. INTRODUCTION

A. LOCATION

The Richardson Lake property consists of 142 mining claims

Including 2 patented mining claims, 11 leased mining claims and

129 unpatented mining claims located in the north-central

portion of the Casummit Lake Area claim map and the south-

central portion of the Brownstone Lake Area claim sheet. The

claims are centered 115 km east-northeast of Red Lake and

immediately north of the past producing Jason Cold Mine. The

property is linked by a 40 km winter road, south to Selco's

South Bay Mine, where power and road access to Ear Falls may be

gained.

Lat.: 51 0 15' Township: Casummit Lake Area C-1751

Long.: 92 0 15' Brownstone Lake Area C-1742

N.T.S.: 52/N/08/W District: Kenora

Province: Ontario Mining Division: Red Lake

Map Reference: ODM Map 46f, Casummit Lake area.

B. OWNERSHIP AND STATUS

1. Owner

Golden Terrace Resources CorporationP.O. Box 1630New Liskeard, OntarioCanada POJ 1PO

2. Interests

The property is owned 1001 by Golden Terrace, subject to a

44 N.S.R., owing to the Kostynuk brothers of Red Lake -

the original vendors of 33 of the mining claims.

3. Property

142 contiguous mining claims are numbered as follows:

Patented Claims - mining and surface rights

P-KRL 43655 (L.O. 13537)

P-KRL 43663 (L.O. 13319)

Leased Claims

L-K R L 43656 -43662 incl.

L-KRL 43664, L-KRL-375745

L-KRL 375692 and 375693

Unpatented Claims

KRL-697172-697188 incl.

KRL-788599-788601 incl.

KRL-814747-81484S Incl.

KRL-836301-836310 Incl.

4. Abandoments

No claims have been abandoned to date.

C. HISTORY

Golden Maverick Resources Corporation optioned 33 claims in two

groups from the Kostynuk brothers of Red Lake in an agreement

dated January 15, 1985. The company also staked 99 claims in

November 1984 and a further 10 claims in June 1985 as part of

the original agreement.

Golden Maverick amalgamated with Golden Terrace in September

1985 and the surviving company continued under the name of

Golden Terrace Resources Corporation.

In March, 1986, as an amendment to the agreement, the company

optioned 2 further claims from the Kostynuks' near Mink Lake,

located 5 km west of the main 142 claim group.

D. PREVIOUS EXPENDITURES

Approximately S40,000 was expended by the company completing

preliminary field assessments, claim staking and surveys neces

sary to bring claims to lease. A further $30,000 was expended

on an airborne survey and various compilation reports. An

option payment of $15,000 was also paid on signing the option

agreement.

E. PREVIOUS EXPLORATION

Following the discovery of gold at Red Lake in 1925, prospect

ing activity extended east into the areas around Confederation,

Woman, Shabumeni, and Birch Lakes, where similar rock forma

tions were known to occur. Early In the spring of 1929, A.F.

Hewitt and J.A. Borthwick decided to prospect the Casummit Lake

area and were successful in discovering gold mineralization.

By 1933 a mine site was brought to production on the north

shore of Casummit Lake. Production from the Jason Mine was:

Cold Silver Total Ore Milled Years (oz) (oz) Valued) (tons) Gold Grade

19341936-381949-52

88814,83586,152

871,4338,268

30,673519,378

3,256,842

4,09443,249229,230

0.2170.3430.376

Totals 101,875 9,788 3,806,893 276,573 0.37 ave.

Richardson Lake Property

In or about 1932, Fred "Richle" Richardson discovered gold

mineralization on the north shore of Richardson Lake and

optioned the property to R.C. Williamson and the Casey Mountain

Operating Syndicate who formed a new company on the property

called the Richardson Lake Syndicate. In 1934 the option was

dropped after a diamond drill program. Sections of core were

reported to assay from 0.04 to 0.628 ounces gold per ton over

widths of 0.9 to 5.3 feet. This showing is located on L8E,

about 30 meters north of the shore of Richardson Lake and is

briefly discussed later in this report.

In 1958 the Kostynuk brothers of Red Lake staked claims KRL

43655 and 43663 on the north shore of Richardson Lake. Later

in the year they discovered an outcrop of heavy arsenopyrite-

pyrite mineralization associated with breccia carrying signi

ficant gold values adjacent to a quartz-vein bearing visible

gold with minor galena and sphalerite.

The property was optioned to Campbell Red Lake Mines Ltd., in

1959 resulting in 9 drill holes totaling 739 m. Apparently the

grade or style of veins was not of corporate interest and the

option was terminated.

In 1962, Cochenour Willans Gold Mines Ltd., under a subsequent

option agreement, drilled 4 holes totalling 639 m on leased

claims KRL 43662 and 43664. Again, these results, although

significant were not of corporate interest and the option was

terminated.

During the period 1963-66, the Kostynuk brothers initiated a

small scale mining operation by sinking a 50 foot shaft on the

showing they discovered in 1958. Approximately 100 feet of

drifting was carried out on claim 43655 resulting in the mining

of 577 tons of rock and the on site milling of the quartz vein

material.

In 197^ the Kostynuks completed several trenches in areas of

known mineralization including a new showing east of the Jason

Mine on the "south-east claim group".

During 1974-5, Cochenour Willans optioned this "south-east

group" and completed several trenches, magnetic and V.L.F.

surveys and 21 "x-ray" holes totalling 1892 m. Again, although

encouraging, the results were not on a par with the ore grades

being mined in Red Lake and the option was terminated.

Noranda optioned the property in 1981 and completed reconnaiss

ance geological mapping, magnetics and a small l.P. survey in

and about the Kostynuk shaft. Apparently the option was ter

minated when an attempt to renegotiate the terms failed.

In an agreement dated January 1985 and subject to a work com

mitment. Golden Maverick Resources acquired a 10(^ interest in

the property, which by way of amalgamation is now lOOt. owned by

Golden Terrace Resources (GTR).

F. PRODUCTION

The Kostynuks1 produced the following:

Gold Silver Ore Milled Gold Grad Years (oz) (oz) (tons) (oz/ton)

1963-66 1,126 102 577 1.95

(It should be noted that the ore was "hand cobbed" and, as

such, only the vein material was milled making the true grade

more likely to be on the order of 4.0 ounces to the ton.)

After milling, a gold button was made and shipped to Englehart,

Ontario, for collection by the Bank of Nova Scotia.

C. OBJECTIVES

The objectives of the 1985 exploration program were to con

centrate initial efforts in the area of past work on this large

property and to begin upgrading the data base of the surround

ing areas. To this end a detailed airborne survey of the

entire property was completed. Most of the ground work was

concentrated in the vicinity of the Kostynuk shaft where de

tailed mapping, humus geochemistry and diamond drilling was

thought necessary to begin to develop an exploration model for

gold mineralization on a property-wide scale.

Previous exploration on the property had only dealt with the

classic high-grade quartz-vein hosted gold mineralization.

This 1985 program was designed to test the hypothesis that the

known gold mineralization occurred within stratigraphic shear

zones developed within sedimentary units dominated by slate,

greywacke, chert and jasperoid-magnetite-chert iron formation

within a greenstone sequence.

3. EXPLORATION

A. RECONNAISSANCE AND RESEARCH

A property examination was carried out in the Fall of 1984 by

visiting the main showings at the shaft and on the "south-east"

group.

Samples of waste material taken from the rock dump at the shaft

revealed that the arsenopyrite-pyrite rich host rocks to the

quartz veins were running ore grade. No evidence could be

found that would suggest that this gold potential had been

tested In any direct way.

A sample from an arsenopyrite rich showing on the south-east

group ran 0.6 ounces gold over a narrow width.

B. PROSPECTING

In the Fall of 1985, Alex and Mike Kostynuk led a two day tour

of the old workings where they had prospected during the

1960's. They pointed out numerous localities where they had

panned gold or had gold "kicks". It became apparent that a

significant number of gold showings were located along a sinu

ous, yet property wide, iron formation.

C. GEOLOGICAL MAPPING

Mapping was confined to Noranda's previously cut grid and

served to check previous work and offer a more detailed geo

logical interpretation.

Selected outcroppings of sulphide mineralization within the

brecciated iron formation as well as previously known showings

were assayed for gold. Grid geology is presented on Map RL85CI

at a scale of 1:2,500.

D. GEOCHEMISTRY

Geochemical sampling of the property was restricted to "A"

horizon humus sampling along existing grid lines. 485 samples

were taken at 25 metre intervals and assayed for gold and

arsenic. During a property examination, Goldfields Canada

sampled humus at 12.5 metre intervals and assayed for gold.

The combined data is presented on maps RL85GCI-Au and As in the

appendix.

E. GEOPHYSICS

A reconnaissance V.L.F. and magnetometer survey was carried out

over areas of known mineralization with negative results. The

only method to return valuable data so far is the 1981 Noranda

l.P. survey.

During 1981-1982, Noranda completed a magnetometer survey of

the cut grid area and a small I.R. survey of the grid south of

the base line. These results are presented in the appendix.

An airborne geophysical survey was carried out in 1985 by Aero-

dat Ltd. A total of 400 line kilometers of data were collected

at a nominal spacing of 100 meters. Equipment operated includ

ed helicopter borne 3-frequency electromagnetics, magnetometer,

VLF-EM and a radar positioning system. Data and equipment are

discussed in the geophysical section of this report.

F. TRENCHING

Limited trenching and stripping was carried out by the company

In the Fall of 1985. During a second or third visit by

Coldflelds, Wajax water pumps were used to clean out existing

trenches along the lakeshore west of the shaft.

4DX Ltd. carried out l meter channel sampling of the cleaned

out trenches and assayed for gold. These results are discussed

in detail in the Mineralization section.

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H. GEOLOGY

A. REGIONAL GEOLOGY

All bedrock in the area Is Archean in age and is part of the

Birch-Uch! Lakes metavolcanic-metasedimentary belt within the

Uchi Subprovince. Rock types of a volcanic origin are pre

dominantly mafic In composition and have been correlated to

Thurston's Cycle II (Thurston, 1976) in the Birch-Uch! Lakes

The overall metamorphic facies found in the rocks mapped to

date Is lower greenchlst with epidote and chlorite the most

common metamorphic minerals. Cordierite has been noted in some

of the mafic rocks logged in holes RL 3, 4 and 5, suggesting a

local hornblende-hornfels contact aureole.

The following is taken from Norwood's (1937) description of the

structure of the area:

"The structure in the basin of Casummit Lake is a syncline with its plunge to the west and south. Its irregular shape, and the variation in the strike of the axial plane, suggests that, rather than being a syncline formed by simple folding, it is a regional drag-fold syncline produced by forces acting as a couple, one from the west, the other from the east.

The various beds all have steep dips, usually about 80 degrees, although 70 degree angles were found near the centre of the syncline. In the vicinity of the Argosy (Jason) mine, there is some overturning along the north limb of the syncline. In places, beds of iron formation, greywacke and slate have been turned through 100 0 degrees so they dip 80 0 degrees north.

After the synclinal structure was developed and after the grandiorite and quartz diorite masses had been intruded, the rocks were sheared by the original east-west couple or by a similarly acting set of forces. The direction of the shearing, N75 0 E was controlled to a considerable degree by the general strike of the syncline and of the bedding along the limbs. As localized shear zones are rare and as no apparent faulting accompanied the deformation, it is probable that the amount of

- 11 -

movement along any one plane was small and that the stresses were distributed more or less evenly throughout ali the rock formations. The force couple probably produced very minor strains in a N100W direction but as this direction was at high angles to both folded structures and bedding, any breaks that did occur were very minor. Later forces produced well-defined fractures along this direction and were responsible for the openings that contain the most Important veins so far discovered."

Horwood (1937) further describes the gold mineralization in the

Casummit Lake area and the Jason (Argosy) mine as follows:

"All the gold deposits of the area are similar to each other when considered from the standpoint of mineralogy. The same suite of minerals is present in all the deposits examined, although the relative amounts vary considerably, and in places different members of the suite are absent. On a structural basis the deposits may be divided Into two classes: (1) those that follow the early direction of shearing and displacement, and strike approximately N75 0 E (Richardson Lake North Pro perty), and (2) those that follow the later fractures and strike approximately N100 W (Richardson Lake East Property, Jason (Argosy) Mine."

Deposits of the first class occur in greenstones, sediments and

quartz diorite intrusive rocks..

"The deposits are mineralized fracture or shear zones, which contain one or more quartz veins of white to grey quartz. The veins and the included fragments of wall rock are minera lized with arsenopyrite, pyrite, sphalerite, galena, and vari able amounts of native gold. Veins that have been fractured and veined by a later generation of quartz contain larger amounts of gold than does the massive unfractured type. The limited amount of data available to date suggests that gold is present In appreciable amounts when arsenopyrite, sphalerite, and galena are the principal sulphides. Where pyrite alone is present values have been found to be low."

"Deposits of the second class have so far proved to be of more importance than the first type. The deposits are veins that find their best development in fractures along which there has been little actual displacement. In one or two places the rock In and along fractures has suffered some shearing. In almost every case the veins have been fractured and veined by a

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later generation of quartz. With the later quartz variable amounts of arsenopyrite, pyrrhotite, pyrite, chalcopyrite, sphalerite, galena and native gold were deposited. Carbonate, most of which is the iron variety, siderite, was brought in with both generations of quartz but before the introduction of the sulphide minerals. Inclusions of wall rock and the wall rocks themselves are altered and mineralized with arsenopyrite or pyrrhotite, and contain small amounts of gol-d. Pyrite, sphalerite, and galena are not as plentiful as the arsenopyrite and pyrrhotite; chalcopyrite is very rare. Cold seems to be present in greater amounts where there Is a concentration of arsenopyrite. This condition is best developed in the slates or in interbedded slates and greywackes."

"The wall rocks of both types of deposits have suffered some alteration. In the greenstones, siderite Is the principal mineral developed. The plagioclase has been altered and the hornblende so bleached that the resulting rock is much lighter in colour. Only very small amounts of chlorite or sericite have been formed. Variable amounts of arsenopyrite and pyrr hotite, and In some cases pyrite, have been developed in the altered rocks. In the sediments there has been some carboniti- zatlon and also some later sericitization. Both carbonitiza- tion and sericitization were more active processes in the slates than in the more massive greywackes. In general, the alteration is confined to a narrow zone, seldom over one foot along the wall of the veins."

"The deposits that trend N75 0E will probably have better continuity along the strike than those striking N100W. The former occur in zones that follow the regional direction of shear, whereas the latter are in fractures that cut at high angles across this older direction. The N100 W veins will tend to be lenticular and to pinch out, and they occur en echelon along the strike. Both types of deposits will probably persist to considerable depths. The most important vein at the Argosy (Jason) Mine has been developed to a vertical extent of 500 feet and does not appear to have varied. As the rock forma tions dip at very steep angles there should be little change from a structural stand point."

Production from the Jason (Argosy) Mine during the time periods

1935-1940 and 1946-1952 totalled 113,827 oz gold and 9,788 oz

Ag from 311,801 tons of ore grading 0.365 oz/T gold.

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B. ROCK TYPES

Mafic to Intermediate Volcanics

The most common mafic rock on the claim group is andesitic in

composition. The rock varies from massive to tuffaceous to

highly sheared schist. Massive varieties often have a weather

ed surface showing "chicken track" textures. Rare pillowed

structures indicate tops to the north. Typical, unaltered

andesite is massive, fine-grained, olive green to dark green

and is made up of 40 to 50*2, andesine, 50 to 601 hornblende and

minor amounts of epidote and magnetite. Owing to regional

shearing and metamorphism, the andesine and hornblende are

generally, more or less, altered to epidote, sericite, car

bonate and chlorite. Distinguishing an altered, silicified

andesite from a dacite Is often very difficult in the field,

resulting in the two units being mapped together for "first

pass" simplicity.

Basalt appears In lesser amounts along the north-west shore of

Richardson Lake and In some drill cores. The rock has the

appearance of a typical basalt and is dark green, massive,

weakly foliated with 40 to 50"i andesine, 50 to 601 hornblende

with minor epidote and magnetite. Alteration is in the form of

epidote, sericite, carbonate and chlorite. A coarsening adjac

ent to diorite sills make field recognition difficult.

Intermediate to Felsic Volcanics

The west and central portion of the property Is dominated by a

thick wedge of pillowed and massive dacitic volcanics. The

rocks are light to medium green, siliceous and often pillowed

with magnetic rims. The units are typically rhythmically

layered pillowed and non-pillowed making it very difficult to

distinguish from silicified andesites.

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Narrow bands of sericite schist, often sulphide rich, have been

noted in both areas of significant gold mineralization so far

detailed. The rocks may be altered dacites, but for the most

part, may be referred to as quartz-sericite-sulphide felsic

tuffs and are generally auriferous.

Sediments

A band of greywacke, slate and conglomerate, which so far

appears to be Intercalated with volcanic flows, outcrops along

the north-west shore of Casummit Lake and along the west and

north-west shore of Richardson Lake. The slates, argillites

and wackes are dull grey to black, often graphitic, weakly

magnetic and display a high degree of soft sediment deforma

tion. The conglomerates are often sheared to the point of

having the quartz and chert pebbles alter to quartz sericite

schist.

Iron Formation

Bands of iron formation vary greatly in composition, facies and

mineralization. Bands may be a meter thick or 20 to 30 meters

thick. Varieties of chert and magnetite. Jasperoid, silicate

and arsenopyrite rich facies have been noted on a property wide

scale. It Is believed that thinly bedded chert-sulphide iron

formation gave rise to the considerable thickness of breccia in

and about the "shaft zone". Assays of over 1 ounce gold per

ton have been returned from this material (without quartz-vein

enrichment) therefore making it a high priority exploration

target.

Intrusive Rocks

A diorite sill complex forms an eastward thinning wedge that

conformably intrudes the contact between volcanics and grano-

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diorite. The rock has the appearance of a typical diorite and

is massive, may be weakly foliated, often weakly magnetic, and

has a dark green to medium grey "salt and pepper" texture. The

rock is 6(H andesine, 404 hornblende and displays epidote-

chlorite alteration. The sill is often gradational to both the

mafic volcanics and the later granodiorite.

A mass of granodiorite intrudes the volcanic sequence north

east of Richardson Lake and spans most of the northern portion

of the property. This grey rock is coarse grained and consists

of andesine, orthoclase, quartz and biotite. Some phases are

very low in potash feldspar and may be better classified as

quartz diorites. The rocks are generally gneissic, display all

the late phase structural jointing, fracturing and faulting

seen in the volcanics and are weakly mineralized by chalco

pyrite, arsenopyrite, pyrite and gold. In general, the mass

dips southerly at 60 to 75 0 .

C. MINERALIZATION

The 1985 program looked principally at two zones of gold

sulphide mineralization:

The "Shaft Zone" is located at the base line between L13E and

L14E. Cold occurs within both quartz veins developed in highly

fractured, brecciated, altered cherty metasedimentary rocks

ranging from slaty material to jasperoid iron formation and

within a quartz-sulphlde-sericite alteration zone developed

within the breccia. The zone, which is an excellent l.P.

anomaly, strikes west-southwesterly across the property for 800

meters. The correlation with gold mineralization and associ

ated arsenopyrite, pyrite and l.P. strongly suggests lateral

continuity for potentially economic strike lengths. Limited

drilling of this zone has revealed a significant amount of

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structural complexity and the probability of epigenetic con

trols on ore focus.

A level plan was made available for the underground workings

carried out by the Kostynuks1 during the time period 1963-1966.

The plan (see appendix) reveals a rotation of the ore In a

manner consistent with dextral shearing. It was postulated

during the field mapping that a low angle deformation zone of

mylonite displaying ductile-dextral sense shearing spans the

property, intersecting the shaft zone and giving rise to the

breccia units. Samples of the non-vein material "waste rock"

from the Kostynuks1 workings found on the shaft dump returned

the following assays from sulphide banded breccia:

Ounces Cold/Ton

1.270 (All samples are checked, see

0.087 certificate 24850 in appendix)

The "Arseno-Zone" is a north tending trench located just west

of L10E that exposes about 11 meters of heavy arsenopyrite and

pyrite mineralization in silicified dacites and quartz-sericite

schist. It is suspected that this zone is in fact a N10 0W

structure cross-cutting favourable geology and not a strati

graphic target, unless rotation of 90 0 has occurred. Three

drill holes designed to sample the zone failed to encounter any

mineralization of significance. Initial trench sampling re

sults are shown on sketch "Trench 9+80E".

- 17 -

NTRENCH 9+80E

Channel Sampling ' '

i ^i \.022 ~~~'~\~~7r

1.008 \ **

\.030 \ is

.002 ^6

Felsic Tuffs . 066 \very siliceous, \5-30* pyrite andnr d arsenopyrite, .uotstringer and disseminated

.020 — "Qtz-Sericite-Py- Aspy-Scnist15-20* pyrite. -092 and arsenopyrite (aspy neediest

^average grade - .056 / 7 metres

\ Diorite, massive** minor sulphides

\ l5\ Dacite, foliated,\ J-70% pyrite, /% arsenopyrite

^ minor intermixed Felsic Tuffsx^ Type Sample "A", -.002

"~ "" T* "" "^) 2 li/ y -022

J7\"~"^O3 ]T x .010/ j.- — ———

^M 3t H ! . 026^4- it ' Type Sample "B",

\M\ W/ .004 -' 05-^ — — TTT 1" '

\w \ u/ ; .044v \ -*-^^ r ^M l 5 ^(7 7 7 .052 Type Sample "C", \\ 3t j- f - .070M W/ -304

V\ M// -046

- Sericite Schisttrench hurried

*average grade - .079 / 6 metresincluding - .MB / 2 metres

all samples taken by continuous . -channel - chip and assayedgold by fire-assay method.

for '" metr.30123

Three other zones were sampled or geochemical!/ tested, but

were not part of the drill program.

A trench at L8E, about 2+20S, is in fact the original Richard

son Lake discovery zone. The zone was explored in 1931 by

Casey Summit Cold Mines for 30 feet in surface workings and

for 210 feet in six short drill holes. According to Horwood

(1937) the results are as follows:

"The fracture zone strikes S80 0E, dips 60 0S, and contains veins up to 30 inches In width. According to Furse, one pit has two quartz veins, each of which averages about 1 foot in width. They are about 5 feet apart. Pyrite, sphalerite, and some galena are associated with wall-rock Inclusions In the vein, and specimens with native gold have been reported. Sec tions of core assayed form 0.04 to 0.628 ounces of gold per ton over widths of 0.9 to 5.3 feet. At the time of the writer's examination, in July 1936, the trenches had caved in. Since that date, diamond drilling has Indicated a continuation of the vein structures."

Two samples taken by the company returned trace and 0.180 oz.

In 1932 Furse reported that he visited another trench located

approximately 300 m east north-east of this zone (10+75E,

1+50S) along the same stratigraphic horizon.

"He reported four irregular quartz stringers ranging in width from 3 inches to 1 foot in a band about 5 feet wide. The strike is east and west, and the dip about 60S. Thin streaks of altered wall rock in the veins are well mineralized with pyrite, sphalxerite, galena, and a little arsenopyrite and native gold. Bands of wall rock between veins are carbonated and pyritized. The quartz of the veins has been fractured and cemented by very fine quartz, which carries arsenopyrite, gold, tourmaline, chlorite, and carbonate. No assay results are available."

In 1962, Cochenour Willans Mines Ltd., under an option agree

ment with the Kostynuk brothers, drilled 4 diamond drill holes

- 19 -

totalling 639 m in this zone. The results of this work is

unknown.

Work by the company using Wajax pumps and considerable "muck

ing" revealed that the 4 Irregular quartz stringers in trench

10+75E were in fact l quartz vein displaying intense deforma

tion including "S" and "Z" folding and dips ranging from flat

to vertical. Further, the unit hosting the veins is believed

to display dextral-ductile shearing suggesting the presence of

a mylonite deformation zone (see trench sketch 10+75E).

The third zone of anomalous gold is, in fact, a soil geochem

anomaly (L16E,S of BL.) greater in magnitude than results

gathered in and about the high grade surface dump at the shaft.

One small outcrop on strike with the anomaly suggests a north-

south strike to the possible bedrock source. Although I.R. was

carried out over the anomaly, the survey line ran over and

parallel to the gold values thereby making subsurface data

unreliable. It was decided not to drill this target until

better geophysical data could be gathered. It should be noted

that this gold target is the highest geochem anomaly on the

property. Is a completely new discovery and has a strike length

of 150 meters open to the south where it passes Into Richardson

Lake (see geochem map for Au).

Areas of interest, but receiving little or no work, are briefly

described as follows.

Some northerly striking black "chatter" quartz veins were

located approximately 100 meters west of the extreme south-west

corner of Richardson Lake. Horwood reports in 1936:

"...a quartz vein in a poorly developed fracture in greenstone has been exposed at intervals by trenching for about 195 feet. It is very irregular and changes in strike from N.35 0 W at the south end to north-south at the north end. It dips about 45 0 W

- 20 -

TRENCH 10+75E Channel Sampling

Results - Au161718192021222324

.008 trace

25 - .03626 - .00827 - .00628 - .00229 - trace30 - .00231 - trace32 - trace

___o i a 3

and has a maximum width of 26 inches. Except for one high

assay, the results from eight samples averaged 0.216 ounces of

gold per ton. Visible gold has been reported from surface

workings."

The company sampled one of the trenches that was not too over

grown and returned 0.068 oz/ton and several trace gold assays.

Old trenching located Immediately east of the north arm of

Casummit Lake has not yet been Investigated. Horwood reports:

"A considerable amount of trenching was done in 1932 and again In 1936 in an attempt to locate the possible northward extens ion of the veins that are being worked on the Argosy property. This work, which was supplemented by a diamond drilling pro gramme after the writer's examination, proved to be unsuccess ful.

Two veins In the southern part of claim 9,852 have been explor ed in trenches and pits. The one to the east, termed No. 6 by the Argosy company. Is a network of small quartz veins, one of which has a maximum width of H inches, in a 3-foot zone in greenstone. The fracture, which is poorly developed and con tains quartz veins for a length of about 30 feet, pinches out to the north and south. The vein to the west, termed No. 7, has been exposed in trenches and one pit for approximately 200 feet. It is in two separate sections, a south lens and a north lens. The south lens is 80 feet long on the Ellen property (CTR) and has a maximum width of 22 inches; it contains a s mall amount of arsenopyrite and. In a few places, small specs of native gold. In the pit It dips 60 0W. The north lens is 100 feet long with a maximum width of 2 feet. It pinches and strikes off to the southeast at the south end and disappears under overburden at the north end. Work was discontinued In the autumn of 1936 and no assays are available."

- 22 -

5. GEOPHYSICS

A. GROUND GEOPHYSICS

No ground geophysics were carried out by the company during

1985. However, work by Noranda in 1981 carried out on the

current cut grid included a magnetometer and limited l.P.

survey. The data was replotted and tied Into our new coordin

ate system (see appendix).

1. Methods

A dipole-dipole l.P. survey was carried out at 12.5 or 25

meter spreads reading nzl-4 in the 4 and 25 Hz range. A

total field magnetic survey was carried out using a GP70

instrument over most of the grid.

2. Results

As can be seen by the l.P. Survey Plan of Percent Frequen

cy Effect at 1 =2, the mineralization in and about the

shaft zone is very responsive to the l.P. "effect". It is

recommended that a 50 m line spacing at 25 meter spreads

be carried out along with some east-west lines over the

arseno-trench and the L16E geochem anomaly.

The magnetics show a conspicuous linear following the

north-west lake shore and converging upon the shaft zone

where It fades out. This may suggest the trace of a

magnetic iron formation that has a easterly facies change

from oxide to sulphide or is structurally broken up by

Intersection with a mylonite zone.

The granodiorite volcanic contacts are also conspicuous

across the map.

- 23 -

B. AIRBORNE GEOPHYSICS

The following Is taken largely from Aerodat's "Report on Com

bined Helicopter-Borne Magnetic and Electromagnetic Survey,

Richardson Lake Project, Ontario" and dated September, 1985.

1. Methods

From June 30 to July H , 1 985, a total of 400 line kilo

meters of data were collected at a nominal spacing of

100 meters. Equipment operated included a 3-frequency

electromagnetic system, a magnetometer, a VLF-EM system

and a radar positioning system (described later in this

section).

The index map below outlines the survey area. In order to

optimize response, flight line direction was varied accor

ding to client's instructions - in the following manner:

a) Block A - east-west; b) Block B - north-south; c) Block

C - approximately N 40 degrees west.

- 24 -

The helicopter used for the survey as an Aerospatiale

A-Star 350D owned and operated by Maple Leaf Helicopters

Limited. Installation of the geophysical and ancillary

equipment was carried out by Aerodat. The survey aircraft

was flow at a mean terrain clearance of 60 meters.

Electromagnetic System

The electromagnetic system was an Aerodat 3-frequency

system. Two vertical coaxial coll pairs were operated at

932 and 4527 Hz and a horizontal coplanar coil pair at

4147 Hz. The transmitter-receiver separation was 7

meters. Inphase and quadrature signals were measured

simultaneously for the 3 frequencies with a time constant

of 0.1 seconds. The electromagnetic bird was towed 30

meters below the helicopter.

VLF-EM System

The VLF-EM system was a Herz Totem 1A. This instrument

measures the total field and quadrature component of the

selected frequency. The sensor was towed in a bird 12

meters below the helicopter. The transmitting station

used was NAA (Cutler Maine, 24.0 kHz) for all lines.

Magnetometer

The magnetometer was a Geometrics C 803 proton precession

type. The sensitivity of the instrument was 1 gamma at a

0.5 second sampling rate. The sensor was towed in a bird

12 meters below the helicopter.

Magnetic Base Station

An IFC proton precession magnetometer was operated at the

base of operations to record diurnal variations of the

earth's magnetic field.

- 25 -

The clock of the base station was synchronized with that

of the airborne system to facilitate later correlation.

Radar Altimeter

A Hoffman HRA-100 radar altimeter was used to record

terrain clearance. The output from the instrument is a

linear function of altitude for maximum accuracy.

Tracking Camera

A Ceocam tracking camera was used to record flight path on

35 mm film. The camera was operated in strip mode and the

fiducial numbers for cross-reference to the analog and

digital data were Imprinted on the margin of the film.

Analog Recorder

An RMS dot-matrix recorder was used to display the data

during the survey. In addition to manual and time

fiducials, the following data was recorded:

Channel Input Scale

O Low frequency inphase 2 ppm/mm

1 Low frequency quadrature 2 ppm/mm

3 High frequency inphase 2 ppm/mm

3 High frequency quadrature 2 ppm/mm

4 Mid frequency inphase 4 ppm/mm

5 Mid frequency quadrature 4 ppm/mm

6 VLF-EM total field 2.5%/mm

7 VLF-EM quadrature 2.5%/mm

13 Altimeter (500 ft. at 10 ft./mm

top of chart).

14 Magnetometer 5 gamma/mm

15 Magnetometer 50 gamma/mm

Digital Recorder

A perle DAC/NAV data system recorded the survey on

- 26 -

magnetic tape. Information recorded was as follows:

Equipment Interval

EM 0.1 seconds

VLF-EM 0.5 seconds

Magnetometer" 0.5 seconds

Altimeter 0.5 seconds

MRS III 0.5 seconds

Radar Positioning System

A Motorola Mini-Ranger (MRS III) radar navigation system

was utilized for both navigation and track recovery.

Transponders located at fixed locations were interrogated

several times per second and the ranges from these points

to the helicopter measured to a high degree of accuracy.

A navigational computer triangulates the position of the

helicopter and provides the pilot with navigation Informa

tion. The range/range data was recorded on magnetic tape

for subsequent flight path determination.

2. Data Presentation

See appendix for the maps indicated in the following

sections.

Base Map and Flight Path

A photomosaic base at a scale of 1:10,000 was prepared by

enlargement of aerial photographs of the survey area.

The flight path was derived from the Mini-Ranger radar

positioning system. The distance from the helicopter to

two established reference locations was measured several

times per second, and the position of the helicopter

calculated by triangulation. It is estimated that the

flight path is generally accurate to about 10 meters with

- 27 -

respect to the topographic detail of the base map. The

flight path is presented with fiducials for cross-refer

ence to both the analog and digital data.

Electromagnetic Profile Maps

The electromagnetic data was recorded digitally at a

sample rate of 10/second with a time constant of 0.1

second. A two stage digital filtering process was carried

out to reject major sferic events, and to reduce system

noise.

Local sferic activity can produce sharp, large amplitude

events that cannot be removed by conventional filtering

procedures. Smoothing or stacking will reduce their

amplitude but leave a broader residual response that can

be confused with a geological phenomenon. To avoid this

possibility, a computer algorithm searches out and rejects

the major sferic events.

The signal to noise ratio was further enhanced by the

application of a low pass digital filter. It has zero

phase shift which prevents any lag or peak displacement

from occurring, and it suppresses only variations with a

wave-length less than about 0.25 seconds. This low

effective time constant permits maximum profile shape

resolution.

Following the filtering processes, a base level correction

was made. The correction applied is a linear function of

time that ensures that the corrected amplitude of the

various inphase and quadrature components is zero when no

conductive or permeable source is present. The filtered

and levelled data were then presented in profile map

- 28 -

The inphase and quadrature responses of the coaxial 4527

Hz, and coplanar 4147 Hz configurations were plotted as a

two colour overlay on a mylar base.

Total Field Magnetic Contours

The aeromagnetic data was corrected for diurnal variations

by subtraction of the digitally recorded base station

magnetic profile. No correction for regional variation

was applied.

The corrected profile data were Interpolated onto a regu

lar grid at a 25 m true scale Interval using a cubic

spline technique. The grid provided the basis for thread

ing the presented contours at a 10 gamma Interval.

The aeromagnetic data hs been presented with flight path

and electromagnetic anomaly information on the base map.

VLF-EM Total Field Contours

The VLF-EM signal from NAA (Cutler, Maine) was compiled in

map form.

The mean response level of the total field signal was

removed and the data was gridded and contoured at an

interval of 2%.

The VLF-EM total field data has been presented with flight

path and electromagnetic anomaly information on the base

3. Results

Magnetics: The principal magnetic anomalies appear to be

associated with the metasediment* within the volcanic

series and are most likely due to iron formation.

- 29 -

A strong, northeasterly magnetic trend, In the southeast

corner of the survey, appears to be at odds with the

geology. However, iron formation was mapped near the

north end of this trend. Northwesterly magnetic trends,

in the northeast corner of the area, correspond to meta

sediments along the granite/volcanic contact. Iron

formation was mapped along this sedimentary zone to the

southeast of the survey.

Similarly, the magnetic highs northwest of Casummit and

Richardson Lakes appear to relate to metasediments and

therefore are likely from iron formation. Ultramafics are

not Indicated on either of the geologic maps.

A northwesterly magnetic trend, also apparent from the

negative inphase response, passes through the area of the

McMarmac Mine property.

The magnetic trends suggest a lithologic control with some

possible structural displacements along the northeasterly

lineament. Most likely, these are vertical displacements.

Granitic Intruslves have complemented faulting to give a

segmented appearance to the magnetic trends.

VLF - Total Field: Moderate to high lake bottom conduc

tivities appear to be the major influence on the total

field response. A few exceptions exist - the extreme

northeast corner of the survey and the east-central edge,

the latter falling along a coincident magnetic/electro

magnetic trend - but there is little or no evidence that

structure plays an important role in controlling the VLF

response.

Electromagnetics: The electromagnetic data shows two

bedrock conductive zones of moderate conductivity In the

- 30 -

eastern part of the survey. Both are associated with

magnetic trends. There fs, in addition, a weak, possible

bedrock conductor associated with a minor, secondary

magnetic high. The central part contains an east-west

trending zone of low apparent conductivity lying beneath

Richardson Lake near its south-eastern shoreline. A

second possible conductor, just east of Casummit Lake,

coincides with a power line - portrayed on the topographic

maps - Into the Jason Mine property. Although this is

probably inactive, the wires are quite good conductors if

they are still on the poles. This should be checked on

Throughout the surveyed area, the magnetics have caused

strong, negative inphase responses. Where conductivity is

evident - from the quadrature response - it is very weak,

based on the ratios of high to low frequency response.

There is little or no possibility that bedrock conductors

have been missed due to Inphase suppression.

Lake bottoms and some swamp covered areas show weak con

ductors, generally not strong enough to mask the inphase

negative peaks. Although considerable sferic activity was

recorded during the survey, the average amplitude was

quite low so that the sferic filtered data is clean.

Anomaly l - (Lines 1250 to 1360): This anomaly is a

multi-banded conductive zone that lies along a strong

northwestern magnetic trend. Apparent conductivity is

classed as moderate but has probably been affected by

inphase suppression (see for example, the response on line

1250). The probable extension of this conductive zone to

line 1400 (and beyond) Is masked by the effect of strong

magnetic peaks with resultant inphase negatives. Although

this extension may be interpreted as a bedrock conductor,

- 31 -

apparent conductivities would have to be lower than those

along the zone to the south.

The strongest response was recorded on Line 1280 where at

least three separate bands were registered. This con

ductive zone Is most likely an iron formation along the

western contact of a wider, northeasterly trending meta

sediment.

Anomaly II - (Lines 1590 to 1600); This anomaly resembles

Anomaly l in most of its characteristics except that the

coincident magnetic trend is not as strong. Highest

amplitudes and apparent conductivities were recorded on

Line 1600 so one can assume that the zone continues to the

north-west, beneath Brownstone Lake. Like Anomaly l,

Anomaly II appears to lie along the western contact of a

northwest trending metasediment.

Anomaly HI - (Lines 2020 to 2080): This appears to be a

single, east-west trending conductive band. It lies along

the northerly contact of a group of magnetic highs near

the southeastern shore of Richardson Lake and extends

beneath the lake. The western end of this conductor

terminates against the northeasterly trending structural

lineament (mapped as a shear by Furse). Both geologic

maps suggest that the anomaly is underlain by basic vol

canics but sediments have been mapped in the vicinity.

Anomaly IV - (Lines 2010 - 2020): This is classed as a

possible conductor that has been affected, at least on

Line 2010, by strong magnetic highs. It may be a southern

complement to Anomaly 111. The east-west lines flown over

the area showed a weak conductive response over a small

lake with the attributes of a conductive lake bottom

sediment. Again, as with Anomaly III, the area Is under-

- 32 -

lain by basic volcanics, but Iron formation has been

mapped in the immediate vicinity.

Anomaly V - (Lines 1190 6 1200): This anomaly consists of

two very weak responses that are coincident with a short,

northerly trending, secondary magnetic peak. Magnetic

data suggests a minor, northesterly trending structural

break to the north, whereas the geologic maps indicate

that this Iles close to Iron formation. There is no

obvious tie-in between this possible bedrock conductor and

the strong, northeasterly trending magnetic zone to the

Anomaly VI - (Lines 2070 to 2100): This conductor follows

along cut lines leading to the former Jason Mine property.

Department of Natural Resources topographic maps show a

power line, probably abandoned, along this route. Al

though 60 cycle noise was not noted on the analog records,

the line need not be live for the existing wires to act as

conductors. A ground check should be made in view of the

proximity of this apparent conductor to this property.

Comments:

Although the area of the Jason Mine did not produce an

apparent bedrock conductor, bedrock response was regis

tered on the electromagnetics in the form of a negative

inphase trend. Lacking any specific anomaly, it is sug

gested that the Iron formation around Casummit Lake be

carefully examined, particularly In the vicinity of the

postulated northeast structure. It would not, however, be

possible to make a recommendation on this without know

ledge of the form of mineralization present at the Jason

property.

- 33 -

Recommendations:

Anomalies l, II, and III are recommended for ground

follow-up. Standard reconnaissance ground electromagnetic

and magnetic methods would be adequate. Induced polariza

tion might be considered for Anomaly III and possibly IV,

if III proved encouraging. Anomaly V, classes as a poss

ible bedrock conductor, would also be an I.R. target.

Anomaly VI should be checked for the presence of abandoned

power lines.

6. GEOCHEMISTRY

A. METHODS

In the Fall of 1985, 485 humic samples were collected from the

existing grid, at 25 meter Intervals and submitted for Instru

mental Neutron Activation Analysis. The following description

of the INAA technique is quoted from "Biological Prospecting

for Cold with Reference to Some Canadian Cold Deposits", by

E.L. Hoffman and E.J. Brooker, 1983:

"Samples of approximately 20 - 50 grams of material are col lected, screened (-30 mesh), dried and macerated. Eight grams of this material are brlquetted In a press at 30,000 P.S.I., to form a 40 mm briquette about 6 mm thick. Briquettes are then batch irradiated and thermal or epithermal neutron fluxes, depending on the elements besides gold that are to be deter mined. The irradiated samples are allowed to decay, from four days to one week, after which they are counted singly, using a hyper-pure germanium detector linked to a multichannel analyzer - computer system. Detection limits may vary with the type of material being analyzed, but will usually be in the 0.1 to 1 ng/g range."

Samples were dried in the field and shipped to Nuclear Activa

tion Services Limited in Hamilton, Ontario, and analyzed for

gold and arsenic.

B. DATA PRESENTATION

The data is presented on Maps RL85GC1-AU and As. Contour

intervals were randomly picked to emphasize stratigraphic

correlation. Surveys carried out by Coldflelds during a pro

perty examination were requested by the company so that their

results could be compared and incorporated with our own.

- 35 -

C. RESULTS

A geological bias was incorporated during the Interpretation of

results. General trends of gold mineralization is directly

correctable to areas of known sulphide showings. Arsenic

shows property wide trends and correlates to the presumed

strike direction of the rock units. High gold values were

associated with the arseno-zone, shaft zone and L16E east

Generally, the use of the exploration techniques confirmed the

presence of all known gold showings and zones and should there

fore be considered on a property-wide scale.

- 36 -

7. DIAMOND DRILLING

A drilling program to test two areas of known mineralization was

completed in January 1986. A total of 463.4 meters (1,520 ft.) in

10 holes were contracted to N. Morissette Diamond Drilling of

Halleybury, Ontario. Total costs of $94,133 or $203 per meter

C$62 per foot) were Incurred (Including sampling and geological

support).

A. CORE HANDLING AND SAMPLING PROCEDURES

All holes were logged at the drill camp-site. The core has

subsequently been removed from the camp site and is presently

stored on the property at 16+50E, 1+65S (on the lakeshore).

All material of Interest was split and assayed for gold by the

fire assay method.

B. ASSAY PROCEDURES

Assay splits and rock samples were shipped to Custom Fire

Assaying Ltd., in Cochenour (Red Lake), Ontario, and assayed

for gold in ounces per ton. Consistently excellent "turn

around times" were achieved. A check of assay results was

carried out by Bell-White Analytical Laboratories Ltd., In

Hafleybury, Ontario. A heavy mineral separates "pulp and

metallic" test did not Indicate any problems from the free gold

"nugget effect" associated with some high grade deposits.

C. SUMMARY OF RESULTS

Drill sections, plans and logs are located in the appendix

attached.

- 37 -

Commenced and completed: December 13, 1985ObjectiveCollarAzimuthDipLengthGeology

Assay Results (Au)

to test shaft zone 13+10E, 0+60S O0 (north) -45 0 47.96 m 0.00 - 8.84 8-84 - 21.18 21.18 - 33.00 33.00 - 37.00 37.00 - EOH

33-0 - 34.0 34.0 - 35.0 35.0 - 36.0

OverburdenSlate-Argillite-WackeBrecciaAlteration zoneBreccia

Custom Fire Assays, Au (oz/ton)

Ol0.080.14

BellWhite(oz/ton)

670930.0780.146

Commenced andObjectiveCollarAzimuthDipLengthGeology

completed: December 15, 1985 to test shaft zone 13+85E, 0+40S O0 (north) -45 0 54.57 m 0.00 - 4.00 4.00 - 11.63 11.63 - 15.15 15.15 - 40.00 40.00 - 40.50 40.50 - 53.23 53.23 - EOH

Assay Results

OverburdenBrecciaSlate-Argillite-WackeBrecciaAlteration zoneBrecciaDiorite

no assays of Interest.

Commenced and completed: December 17, 1985ObjectiveCollarAzimuthDipLengthGeology

Assay Results

to test 10E arseno-trench zone9+72E, 1+35.5SO0 (north)-45 060.05 m0.00 - 6.52 Overburden6.52 - EOH Intermediate Volcanicsno mineralization encountered.

- 38 -

Commenced andObjectiveCollarAzimuthDipLengthGeology

Assay Results

completed: January 11, 1986to test 10E arseno-trench zone9+76.5E, 0+86SISO 0 (south)-45 045.72 m0.00 - 1.831.83 - 13.0713.07 - 13.50

13.50 - 34.83 34.83 - EON

Overburden Mafic Volcanics Quartz vein (py, gal, cpy, po)Intermediate Volcanics Mafic Volcanics

no assays of interest.

Commenced and completed: January 11, 1986ObjectiveCollarAzimuthDipLengthGeology

Assay Results

to test 10E arseno-trench zone 9+51.SE, 0+86S 25m due W of RL-4 180 0 (south) -45 0 45.72 m0.00 - 1.83 Overburden 1.83 - 4.94 Broken Ground

(overburden?)4.94 - EOH Mafic Volcanics minor mineralization, no assays of interest.

Commenced January 14, 1986, completed January 15, 1986Objective

CollarAzimuthDipLengthGeology

Assay Results

to test shaft zone for north dippingstructures13+69E, 0+07.5N180" (south)-45 045.72 m

OverburdenGranodioriteMafic VolcanicsBrecciaSiliceous Rock, alteredQuartz-vein,arsenopyrite, v.g.Breccia0.20, 0.24, 0.32 oz/ton

0.00 - 3.66 3.66 - 10.44 10.44 - 23.58 23.58 28.40

28.4030.27

30.27 - 30.57

30.5730.27

EOH 30.57

no mineralization or assays of interest.

- 39 -

Commenced January 15ObjectiveCollarAzimuthDipLengthGeology

Assay Results

Commenced January 16ObjectiveCollarAzimuthDipLengthGeology

Assay Results

1986, completed January 16,to test shaft zone12+99E, 0+64S336"-45 045.72 m0.00 - 8.538.53 - 18.0318.0321.7122.65

26.27 -

26.58 - 33.11

21.7122.6526.2726.5833.11 EOH

OverburdenArgillite-WackeIntermediate Lapilli TuffSulphide Sericite TuffBrecciaSulphide Siliceous Rock(altered)BrecciaDiorite

no assays of interest.

1986, completed January 17, 1985to test westward extension of shaft zone13+OOE, 0+69S319 0-45 045.72 m0.00 - 10.97 Overburden10.97 - 22.44 Argiliite-Wacke

Quartz Lapilli TuffMafic TuffQuartz Lapilli TuffBrecciaSiliceous PorphyryDiorite.06 oz. Au/T

22.4425.3026.0027.1840.8043.1233.18 -

25.3026.0027.1840.8043.12EOH34.18

ObjectiveCollarAzimuthDipLengthGeology

Commenced and completed January 17, 1986to re-test original K-6 zone13+OOE, 0+61SO 0 (north)-45 045.72 m0.00 - 10.3610.36 - 17.9017.90 - 19.3019.30 - 21.4421.44 - 22.3022.30 - 34.4834.48 - 41.0041.00 - 45.72

Assay Results 32.30 - 33.3035.48 - 36.4844.00 - 45.00

OverburdenArgillite-WackeSufphide Sericite TuffMafic TuffQuartz BrecciaBrecciaSulphide Sericite TuffBreccia0.10 oz. Au/T0.08 oz. Au/T0.06 oz. Au/T

- 40 -

Commenced and completed January 18, 1986ObjectiveCollarAzimuthDipLengthGeology

Assay Results

to test dip of shaft zone stratigraphy 13+OOE, 0+45SO0 (north) .45026.52 m 0.00 - 4.27I.27 - 11.50II.50 - 19.84 19.84 - EOHno assays of interest.

Overburden Quartz Breccia Breccia Siliceous Porphyry

Check Assay Results; previous drilling

Collar

Results

13+32.SE, 0+38.55S

Interval (m)9. 14 - 10.39 10.39 - 14.33 14.33 - 14.63 14.63 - 14.93 20.12 - 20.73 20.73 - 21.55 28.04 - 28.35

Au (oz/ton)0.30 tr 0.28 0.10 0.64 0.14 0.22

Width (m)1.25 3.94 0.30 0.30 0.61 0.82 0.31

Collar

Results

13+02E, 0+59S

Interval28.35 - 29.57 - 30.48 - 32.00 - 33.53 - 35.05 - 36.88 -

(m) Au (oz/ton) Width (m)29.57 30.48 32.00 33.53 35.05 36.88 38.10

0.24 0.14 1 0.06 tr 0.32 0.26 tr

.22 ).91 .52 .53 .52 .83 .22

0.154/9.75 m (32 feet) including 0.287/3.35m (11 feet)

8. FINANCE

A. EXPENDITURE SUMMARY

Preliminary property examinations-helicopter 6,988.90-wages 4,375.00-accommodation 213.00-assays 77.00-report compilation 1,108.14-miscellaneous 1,428.64 Option payment-on signing 15,000.00 Claim staking-99 -f 1 0 claims 14, 162.90 Airborne survey-Aerodat 28,560.00 Survey-bring 3 claims to lease 9,453.15

total 81,366.73

1985 Program

Geological and geochemical surveys-wages 23,550.00-fixed wing 2,545.51-mobe-demobe 1,704.07-camp costs 1,226.75-geochem assays 3,977.00-rock assays 1,668.64-accommodation 1,322.51-food 1,158.55-boats, motors 600.00-miscellaneous 927.97 Diamond Drilling- contract-mobe-demobe 15,000.00 . .

, .,,. ,, ~ 0 , t n f 4 9,223.10)-drilling 34,223.18-fixed wing 13,357.92

- 42 -

Diamond Drilling- geological-mobe-demobe 3,203,33-wages 21,450.00-assays 2,455.20-accommodation,meals 2,509.94-camp costs 597.98-snowmobile 559.44-miscellaneous 151.05

Report Compilation-wages 3,300.00-typing,drafting 713.20

total 136,202.24 ( CEE

Previous total 81,366.73

1985 CEE total 136,202.24217,568.97 Phase 1 completion

note- CEE refers to the Canadian Exploration Expenditure expenses that qualify for flow-thru tax credits.

- 43 -

9. AGREEMENTS

A summary of the Option Agreement between Golden Terrace and the

Kostynuk brothers is as follows:

In an agreement dated January 15, 198S, the company obtained 33

mining claims from the Kostynuk brothers for $15,000 cash, a 4% Net

Smelter Royalty, and 250,000 free trading common shares. In addi

tion to these optioned claims, the company staked 109 claims in the

same area. The company further committed to expend $200,000 on the

combined 142 claim group by February 8, 1987. (AH commitments have

been met by the company as of February 8, 1986.)

- 44 -

10. STAFF

The following were present during part or all of the initial field

exploration and drill program:

Project Supervisor: Carry K. Smith

11 Valley view Court

Klelnburg, Ontario

LOJ 1CO

Geologist: Richard B. Scratch, Ph.D

6239 Edenwood Drive

Mlssissauga, Ontario

L5N 3B5

Technician: Alasdair J. Mowat

712 Latchford Street

Haileybury, Ontario

POJ 1AO

- 15 -

11. CONCLUSIONS

1. Cold occurs in quartz veins associated with arsenopyrite,

pyrite, sphalerite, galena and sericite.

2. Cold occurs In quartz-sericite-sulphide alteration zones in

brecciated Iron formation that form at the Intersection of

cross-cutting fracture zones. The two dominant cross-cutting

structural trends are N75 0E and N100W.

3. Stratlgraphlcally controlled shears occur principally within

sedimentary units dominated by slate, greywacke, jasperoid.

Iron formation and chert developed within an Intermediate

volcanic sequence.

4. Widths and grades of drill intersected gold mineralization are

consistent with the possible existence of an economic gold

deposit.

5. l.P. correlates well with areas of known sulphide-gold mineral

ization and presumably will be an effective geophysical tool on

the rest of the property.

6. Humus soli geochem for gold and arsenic is an effective tool

for regional surveying.

7. The potential for the existence of an economic gold deposit is

considered high.

- 46 -

1 —————— PROJECT ESTIMATE

^ f^bjECT DESCRIPTION

[WM E : R ICHARDSON LAKE- GTR

TYPE: cold expl. P ROV. OntarioPROJECT No. RL.86 N .T.S. 5 2 N g

No. Of CLAIMS AND/OR LOCATION

142 claims- Richardson Lake

Casummit Lake G- 1751 and G- 1742DUE DATE OF CLAIMS

SUMMARY OF WORK PROGRAMME

1985 follow-up, detail qrid

geology, geochem, trench samplin

and prospecting.

diamond drilling

PROJECT SUPERVISOR; G . K. Smith

No. OF EMPLOYEES

l^EG 3 TEMP. 2

I^REEMENT DATED:l

PARTIES

WORK COMMITMENT

JOINT VENTURER

PROJECTED START UP Man 27 7 86

COMPLETION DATE : Fefo.28 X 87

l PREPARED: G./C. smith1 DATE April 1 5 / 86l APPROVE D :

AUTHORIZ E D:

ESTIMATED COST ACCOUNT DAYS at 9

riLLD DAY- ncc G EOL - 2 40 3 00GEOPH. 1 50 200

GEOL. 80 1 00HLLU UA.S ,bMK 6 EOpH

OFFICE DAYS REG. G EOU 1 0 * 00

GEOPH.

GEOL.OFFICE DAYS TEMP. — —— — —— —— —— —— — —— — —— GEOPH.

EMPLOYEE BENEFITS

OFFICE SUPV. 8 TRAVEL

DRAFTING SERVICES

FOOD ft ACCOMMODATION

Motels 20 o t S200Camp food 25wks a t S300

SUPPLI ESTRAVE L

COMPANY EQUIPMENT R 8 M

COMPANY EQUIPMENT RENTALS

Camps- 7 months @ 1,000

Boats/motors- 7 months @ 1,000CONTRACT EQUIPMENT RENTALS 8 R 8 M

Truck- 7 months @ 1,000

FUELFIXED WING AIRCRAFT

HELICOPTER

GROUND SURVEY -GEOPHYSICS

AIRBORNE SURVEY- GEOPHYSICS

LINE CUTTING 1 85kmCL, 1 SkmBL o f 5200,250STAKING at SBULLDOZING at S

DIAMOND DRILLING 6,000 ft at S 4 0

PROBING at S

CONTRACT GEOCHEM o' *

CONSULTANTS FEES

ASSAYING 3oo rock- Au @ 10

FEES, LICENCE S

DATA PROCESSING includedOPTION PAYMENT

GEOCHEM ANALYSIS

/OO /cms x 40 Au, As, @ 10

LEGAL FEES

TOTAL EXPE NSE

RECHARGES O .M.E.P.

NET EXPENSE

AMOUNT S

72,000

30,0008,000

10, 000

1 ,000

7,5002,500

15,000

50,000

271,500

40,000

500,000

-125,000

375, 000-47-

12. RECOMMENDATIONS

1. Detailed l.P. should be carried out in areas of anomalous gold

geochem.

2. The entire property should be line cut and geologically mapped In detail with selected follow up humus geochem were indicated.

3. All existing trenches should be located, mapped and sampled.

4. A substantial program of diamond drilling should be carried out on existing targets along with new ones as they arise from the 1986 field exploration. Priority areas are as follows:

1. The shaft zone in the vicinity of holes RL-1, RL-9, RL-8,

K2 and K6.

2. The southeast claim group.

3. The southwest trench areas.

- 48 -

13. R EFERENCES

Andrews, A.J., and Hugon, H.1985: Alteration, Metamorphism, and Structure associated with

Archean Volcanic-Hosted Cold Deposits, Red Lake District;Studies in the Campbell and A.W. White Mines In Summary ofField Work, O.D.M., 1985, p. 193-200.

Furse, Geo. D.1933: Geology of the Shabumenl-Blrch Lakes Area In O.D.M. Vol

XL11, Part VI, p.21-51.

Harding, W.D.1936: Geology of the Birch-Springpole Lakes Area. O.D.M. Vol

XLV, Part IV.

Hoffman, E.L., and Brooker, E.J.1983: Biogeochemical Prospecting for Cold with Reference to Some

Canadian Cold Deposits.

Horwood, H.C.1937: Geology of the Casummit Lake Area and the Argosy Mine,

O.D.M. Vol XLVI, Part VII.

Hugon, H., and Schwerdtner, W.M.1985: Grant 149 - Structural Signature and Tectonic History of

Deformed Gold-bearing Rocks In Northwestern Ontario in O.D.M. Summary of Research 1984-1985, p.62-72.

Podolsky, G.1985: Report on Combined Helicopter-Borne Magnetic and Electro

magnetic Survey, Richardson Lake Project, Ontario, for Golden Terrace Resources Corporation, by Aerodat Ltd.

Williamson, J.D.1984: Twice Around the Pan. Williamson Publications, Toronto,

Ontario.

CERTIFICATE Of QUALIFICATION

I, GARRY KEITH SMITH, of the Town of Vaughan, Municipality of York, Community of Kleinburg, Province of Ontario, do hereby certify,

That I am a geologist and reside at 11 Valleyview Court, Kleinburg, Ontario.

That I graduated from the University of Waterloo at Waterloo, Ontario in 1977 with an honours Bachelor of Science degree in the Earth Sciences.

That I am an associated member of the Geological Association of Canada.

That I am an affiliate member of the Association of Exploration Geochemists.

That I am an associated member of the Canadian Institute of Mining and Metallurgy.

That I have been practising my profession in the field of mineral exploration since graduation.

That I was intimately associated with the generation of all technical data pertaining to this report.

Dated:

Garry K/ Smith Exploration Consultant

- 50 -

td o o RL-6

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O RL-1GOLDEN TERRACE RESOURCES "RICHARDSON LAKE PROJECT"

SHAFT ZONE PLAN

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1iGOLDEN TERRACE RESOURCES

"RICHARDSON LAKE PROJECT"Dec. 1985 - Jan. 1986

0 10 . 2,0

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DRILL HOLE GEOLOGIC LOG HOLE NUMBER K L ~ fi—-—————

PAGE No. _______Z. OF Z.

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tDRILL HOLE GEOLOGIC LOG

PROJECT LUKE - .TYPEOFHOLE O.O.H D R.D.H. D P.O.M D

HOLE NUMBER. PAGE No. —— LOGGED BY JL DATE -———

-OF- SMITH f'B-

LEGEND

19- 30

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tDRILL HOLE GEOLOGIC LOG HOLE MUMBEB R j.-'y—————

PAGE NO. ____S———OF ^ 3

a re .TYPE OF HOLE D.O.M D R.O.H. D

LOGGED BY 6 -X-SMITH /K'K P.D.H D DATE JOB ' l? - SA____

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DRILL HOLE GEOLOGIC LOG MOLE NUMBER K L - IP

PAGE No. —.——-- J _____ OF

PROJECT - GoCDEULOGGED ev

——- _____ .g- K - SHITH

.TYPE OF HOLE D.O.H D R.D.H. D f.D.H D DATS Jioin - l*jf - 86

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EniyATt

LOCATKW

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LENGTH:

PURPOSE

DATE: ST

j 1 1 tOO E j 0+ I^T ^ A™, Kl(s^-*i, n,B -4C 0

JkTITUOf r

Ml COLLAR

EPARTURE

BOTTOM

2.^-^2. RtCOVIHV 9-9 4

r~fzr tuGSr *,HHFT T.OI

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k CORE SIZE

IHTED ioi^-(?-Sr6 fWO ^CLVflt-Std

SAMPLENUMMN

Z* Z Z

ooLOr-^ o

oo oLO

ooLT) CM

RL-9 RL-10

9 . 'P . g.o1-:50O wetera

RL-913+OOE, 0+61Snorth azim.RL-1013+OOE, 0+45S north azim.

BELL-WHITE ANALYTICAL LABORATORIES LTD.P.O. BOX 187, HAILEYBURY. ONTARIO TEL: 672-3107

QJrrttftrai?NO. B 1445-84"C"

SAMPLE(S) OF: R ock (7)

SAMPLE (S) FROM:

DATE: December 11, 1984

RECEIVED: D ec " 4' ' 9 84

Mr . A. Mowa t 4DX L imi t ed

rv M o K.

Shaft waste

Granodiorite

S a mp l o N o .

" 4518

" 4519

Sheared mv+slate 4 520

Go l a ppb

0.089** chert sulphide brx

14+60E 1+25N aspy alteration

unaltered

aspy-f carbonate

0.6 7 9** 3 0 ife aspy

::::;: Checked

IN ACCORDANCE WITH LONG-T^TAC

OTHC RWISE GOLD AND SILVER VAL Ut HUSF bUCtTS MAvr NOT Bt t N AI1JU-.SATE r OR LOSSES AND GAIN? IN ne ML

LIGHtD NORTH

nrromcD ON111 TO COMf'l N-

1 IN 1 ME l I RCASSAY P ROCLSS.

BELL-WHITE ANALYTICAL LABORATORIES LTD.

BELL-WHITE ANALYTICAL LABORATORIES LTD.P.O. BOX 187. HAILEYBURY, ONTARIO TEL: 672-3107

NO. 22287 . DATE: October 10, 1985

SAMPLE (S) OF: Rock(3) RECEIVED: October, 1985

SAMPLE(S) FROM: Mr. A. Mowat, Golden Terrace Resources Corp.

Sample No.

Oz. Gold

0.002*

0.105**

* Estimated. ** Checked.

type samples from 9+80E Trench

IH A CCORDANCE WITH LONC-ESTABLISHED NORTH AMF.niCAN CUSTOM. UNLESS IT IS SPECIFICALLY STATED OTHTRWISE GOLD AND SILVER VALUES REPORTED ON TiirsE SHEETS HAVE NOT BEEN ADJUSTED TO COMPEN-•.*T: foR LOioci A ND GAINS INHERENT I N THE F IRI

ASSAY PROCESS.

BELL-WHITE ANALYTICAL LABORATORIES LTD.P.O. BOX 187,

NO. 22825

SAMPLE (S) OF:

SAMPLE (S) FROM:

HAILEYBURY, ONTARIO

of AnalgaisTEL: 672-31O7

DATE: October 16, 1985

Rock(56) RECEIVED: October, 1985

Mr. Richard B. Scratch, 4DX Limited, Kleinburg, Ont.

PROJECT: Richardson Lake

Sample No.

RL #123456789

RL#10123456789

RL#2012345678

Oz. Gold Sample No, Oz. Gold

Trace 1 6E,2N? floatTrace IF pits sofSE RLTrace "Trace "Trace Black chatter veinTrace " country rock W sideTrace " " E side0.068 Black chatter veinTrace 4 E,U50sTrace 4 E,o+50sTrace 4E,2+25N0.010 4 E, chert, b rx float— at lakeshore Trace "Trace 8E, 2+1 OS Trench0.480** "0.164**0.0260.0100.002*0.0060.0160.010 1 0+75E0.008 TrenchTrace0.0360.0080.0060.002*

RL #29RL #30

123456789

RL #40123456789

RL #5012345

RL #60

Trace , n 7 (.0.002* l™5*Trace TrenchTrace0.0220.0080.0300.002*0.0660.0540.0480.020 9+aofi0.092 Trench0.0220.0100.0260.0040.0440.0520.304**0.0460.0940.014 2E,5+50N0.018 2 E,6+OONTrace 1 E, 3+OONTrace 1 E,1*OONTrace 2E, 3+OON0.016 9 +80E

* Estimated. ** Checked.

IN ACCORDANCE WITH LONG.ESTABLISHED NORTH AMERICAN CUSTOM, UNLESS IT IS SPECIFICALLY STATED OTHERWISE GOLD AND SILVER VALUES REPORTED ON IXLOr. SHEETS HAVE NOT BEEN ADJUSTED TO COMPEN. LA-IE FOR LOSSES AND CAINS INHERENT IN THE FIRE

ASSAY PROCESS.

BELL-WHITE ANALYTICAL LABORATORIES LTD.P.O. BOX 187, HAILEYBURY. ONTARIO TEL: 672-31O7

Gkrttfirat? of AnalgateNO. 24850

SAMPLE (S) OF: Rock(l 7)

RECEIVED: October, 1985

SAMPLE (S) FROM: Mr. Richard Scratch, 4DX Limited.

PROJECT: Richardson Lake

Sample No,

RL 57 RL 58 RL 59 RL 61 RL 62 RL 63 RL 64 RL 65 RL 66 RL 67 RL 68 RL 69 RL 70 RL 71 RL 72 RL 73 RL 74

Gold ppb

Oz. Gold

169206

585147

10212224852

13E,0+25S0.153* 0.817* 1.270* •0.087* 1.700* 0.450*

samples of gulohide chert breccia rromShaft waste dump

16E,0*15S Trench

14+70E,1+20N15E, 0+05N float H

IF pits NE RL H

* Checked.

IN ACCORDANCE WITH LONG.ESTABLISHED NORTH AMERICAN CUSTOM. UNLESS IT IS SPECIFICALLY STATED OTHERWISE GOLD AND SILVER VALUES REPORTED ON THESE SHEETS HAVE NOT BEEN ADJUSTED TO COMPEN SATE FOR LOSSES AND GAINS INHERENT IN THE FIRE

ASSAY PROCESS.

BELL-WHITE ANALYTICAL LABORATORIES LTD.P.O. BOX 187, HAILEYBURY, ONTARIO

af AnalgataTEL: 672-31O7

NO. 26228

SAMPLE(S) OF: Metallic Rock(6)

SAMPLE(S) FROM: ^DX Limited, (Mr. R. Scratch)

RECEIVED: October, 1985

Proj: Richardson Lake

Sample No.

Oz. Gold

pulp and metallic check of 9+80E trench samples

IN ACCORDANCE WITH LONG.f STABLISHED NORTH AMERICAN CUSTOM, UNLESS IT IS SPECIFICALLY STATED OTHERWISE GOLD AND SILVER VALUTA REPORTED ON THESE SllttTS HAVE NOT PUN AflJIIf.TIP TO COMPCN. SATE FOR LOSSES AND GAINS INHERENT IN THE FIRE

ASSAY PROCESS.

Core Samples

PAUL'S CUSTOM FIRE ASSAYING LTD. Phone: Bus. (807) 662-8 Res. (807) 662-3

4-DX-Exploration Ltd.

PAULOKANSKI.Assayer Box 253, Cochenour, Ontario POV l LO

ASSAY CERTIFICATE Date:. Dec. 20-85

Sample No.

Description

RL-85-1

oz/ton Au

TraceH

Trace•i

Tracett

oz/ton Ag

Assayer:

PAUL'S CUSTOM FIRE ASSAYING LTD. Phone: ^l. (W7) eeta

4-DX-Exploration

ASSAY CERTIFICATE Date:. Jan. 20-86

Sample No.

3536 '

Description oz/ton Au

TraceM

oz/ton Ag

Assayer:

A PAUL'S CUSTOM FIRE ASSAYING LTD.~Phone: Bus. (807) 662-8

Res. (807) 662-3

4-DX-Exploration

ASSAY CERTIFICATE Date: Jan. 20-86

Sample No.

TraneM

oz/ton Ag

4-DX- Exploration

PAUL'S CUSTOM FIRE ASSAYING LTD.

ASSAY CERTIFICATE

Phone: Bus. (807) 662-8 Res. (807) 662-3

Date: Jan. 20-86

Sample No.

TraceII

TraceH

Trace•i

TraceH

oz/ton Ag

PAUL'S CUSTOM FIRE ASSAYING LTD. Phone: St

4-DX-Exploration

ASSAY CERTIFICATE Date: Jan. 20-86

Sample No.

Traceii

oz/ton Ag

?t^**4.S/ij/ZS^?*". c-

4-DX-Exploratcbon

ASSAY CERTIFICATE

Phone: Bus. (807) 662-8 Res. (807) 662-3

Date: Jan. 20-86

Sample No.

Trace•i

oz/ton Ag

4-DX-Exploration

ASSAY CERTIFICATE

Phone: Bus. (807) 662-i Res. (807) 662-:

Date: Jan. 20-86

Sample No.

oz/ton Ag

Assayer.

PAUL'S CUSTOM FIRE ASSAYING LTD. Phone: ^ g^ w-l

4-DX-Exploration

ASSAY CERTIFICATE Date:. Jan. 20-86

Sample No.

i Description oz/ton Au

TraceH

T^aceii

oz/ton Ag

Asuyer:

4-DX-Explorat{bon

PAUL OKANSKI, Assayer Box 253, Cochenour, Ontario POV 1LO

ASSAY CERTIFICATE

Phone: Bus. (807) 662-E Res. (807) 662-5

Date: Jan. 20-866

Sample No.

oz/ton Ag

NO. 0215

BELL-WHITE ANALYTICAL LABORATORIES LTD.P.O. BOX 187, HAILEYBURY, ONTARIO TEL: 672-3IO7

Gfcrttfirat? nf Analysis

SAMPLE (S) OF:

SAMPLE (S) FROM:

Rejects(56)

Mr. A. Mowat, 4DX Limited.

DATE: February 7, 1986

RECEIVED: February, 1986

Sample No.

600630

123456789

66456789

. 670123

* Estimated.

** Checked.

Oz. Gold

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IN ACCORDANCE WITH LONG-FSTABLIEHED NORTH AMERICAN CUSTOM, UNLESS IT IS SPECIFICALLY STATED OTHERWISE GOLD AND SILVER VALUES REPORTED ON THESE SHEETS HAVE NOT BEEN ADJUSTED TO COMPEN. SATE FOR LOSSES AND GAINS INHERENT IN THE FIRE

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PHONE ( 416) 5 22-5666 TELEX 06-986947

CERTIFICATE OF ANALYSIS

TO: 4DX LIMITEDATTK: GARRY K-. SMITHP.D. COX 279 KLEINBURGt ONTARIO LOJ ICO

CUSTOMER NO. 40/02/1

DATE SUBMITTED 09-OCT-85

REPORT: 4993 FILE NUMBER: 6 642

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T J A OX L ATTN: CARRY K. SMITH

KLCiMDURGi ONTARIO IUJ ICO

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"ONE")

Richardson

sta ked

N O R A IVI D A

l_.....,.

BRIDGERICHARDSON LAKE

PROPERTY

X'' RICHARDSON L AKEl PROPERTY

PickleLake

Miles KfO 200

O 100 200 300 Kilometre*

GOLBEN TERRACE(142 mining da Ims)

NEW JASON (ARGOSY) MINE

M ETRE SO 400 1000 2000

GOTDv-FIELOSr

LEGENDG&GLOGY

Intrusives

Chemical Sediment

Volcanics

Gold location site

Trench

l.P. Anomaly

Gold humus anomaly ^0 p.p.b.

FFI Mine shaft (abandoned)

52Na9SWaai2 63.4833 BROWNSTONE LAKE aao

8/776"}

9/^773

Granodiorite

Diorite

Chert breccia

Felsic tuffs

Andesite Dacite

Basalt arsertopj"*t h-

Project RICHARDSON LAKE

GEOLScale 1 :

0 50 100

4 D X LIMITED

DateNTSMap

OGY2500

11/8552N9

RL85G1

RICHARDSON/Ok. t

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GEOL GEOCH CEOPH TNCH & DD€¦ · Golden Maverick Resources Corporation optioned 33 claims in two...

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Transcript of GEOL GEOCH CEOPH TNCH & DD€¦ · Golden Maverick Resources Corporation optioned 33 claims in two...

GEOL GCHEM & GEOPH RPT ON THE BROWN MCDADE OPT€¦ · In 1983, Hollinger Argus Limited optioned eleven of the Brown-McDade claims and carried out geological, magnetic, electromagnetic,

' LEGISLATIVE REFERENCE LIBRARY … · 2016-02-29 · A ITKIN COUNTY CONTINUED Proposed Acquisition Proposed Acquisition Location ~urchased/Optioned in Existing WMA's in New WMA's

MINESCAPE EXPLORATION INC. - … · Minescape has since optioned the property and conducted airborne and ground geophysics. Larry Salo was contracted to diamond drill a selected

Israel inspired by Innovation - Israel Trade Commission · slides. Every type of Keter ... all automatic. ... Our highly modernized and multi-optioned products and signage are powered

thegameofbaseball.myblog.it · July 28-Aug. 2 Arizona Diamondbacks Traded: RHP Edwin Jackson to White Sox for RHP Dan Hudson and LHP David Holmberg Recalled: C John Hester Optioned

PRELIM RPT TNCH PROG - Ontario · 2017. 1. 17. · - 2 - 3.1 GOLD ZONE - K.R.L. 2214 3.1.1 INTRODUCTION The history of this prospect is adequately documented elsewhere, however, it

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CUSTOMER PROMISSORY NOTES - Netsis · 2012-07-17 · Customer Promissory Notes Module ... This is the optioned payment date according to its due date. When the p.note is recorded,

Tuesday,June 1,2010 PAGE 11 AREA DIGEST SCOREBOARDtearsheets.yankton.net/june10/060110/ypd_060110_main_011.pdfAlbuquerque (PCL). Optioned LHP ... can help you develop a personally

PIONEERNNOUNCES ,000MC … 1 - PIONEERNNOUNCES ,000MC RILLINGROGRAMMET TS PIONEER OME ITHIUMRO CT, WA LITHIUM GEOCH ISTRY CO˘IRMS 14˙ PROSPECTIVP EGMATITC ORRIDOR Perth Western Australia,

GEOCH ALLENGE - geoalliance.asu.edugeoalliance.asu.edu/sites/default/files/LessonFiles... · The National Geographic GeoChallenge is an annual themed and project-based challenge that

Owner’s Manual for µSC String Controller’ Version 1 Optioned

GEOCH LAB RPTS & ANAL CERTIFICATES

Owner’s Manual for µSC String Controller’ Version 1.2 Optioned

ROW GEOCH EXPND WRIGHT LAKE - Ontario€¦ · 52007Sff5001 W9003-00261 WRIGHT LAKE 010 ern Development and Mines Ontario DOCUMENT No. Mining Act Report of Work (Expenditures, Subsection

The Moonlight-Superior Copper Project in Californiacrownminingcorp.com/wp-content/uploads/2017/11/Crown-moonlight-2017... · - Optioned 300 claims covering the Moonlight deposit in

PROSPECTING STRIPPING AND SAMPLING OPAP 1992 · property in 1978 and 1984 and optioned the property in 1984 after the Winston Lake Zinc discovery. CFC conducted geological, lithogeochem,

EXPND RPT GEOCH - geologyontario.mndmf.gov.on.ca · This data is being submitted as technical substantiation for assay costs which were reported as assessment work on the following

GEOCH RPT OCTUPUS L TUSTIN TWP - Ontario · Claim Ho'cie-dl" llonniiupor ... Mr. G.H. Ferguson Resident Geologist ... No credit! have been allowed for the following mining claims

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