DIAMOND DRILLING RPT PARDO CLEMENT TWPS … · Assessment Report Results of the 2008 Diamond...

Assessment Report

Results of the 2008 Diamond Drilling Program On the Pardo Reef Property, Pardo and Clement Townships, Sudbury Mining Division, Ontario

by

Danniel Oosterman Mount Logan Resources 102-957 Cambrian Heights Dr. Sudbury, ON P3C 5S5

RECE VED SEP U 1 2009

GROSel Nee ASSESSMENT

September 1, 2009

1. 2. 3. 4. 5. 6. 7. 8. 9.

1. 2. 3.

1. 2.

Table of Contents

Introduction Location, Access and Physiography Property Claim Summary General Geologic Setting Property Geology Previous Work Diamond Drilling Program Methodology Summary of Costs (Cost statement) References

List of Tables

Property Claim Summary Table of Claims Subject to Option Agreement Table Summarizing Costs

Property Location Map Property Claim Map

List of Figures

List of Appendices (Back Map Pouches)

Page

3 4 4 7 7 9 12 13 15

5 6 13

Follows Page

1. 1: 5000 Geology Map Illustrating Hole Locations and Cross Section Locations 2. Diamond Drillhole Sections for PD-09-01 to PD-09-17 inclusive 3. Diamond Drillhole Logs for PD-09-01 to PD-09-17 inclusive

6 8

2

1. Introduction

During the period July 29 through August 20, 2009, a 17 hole, 742metre diamond drilling program was carried out on portions of the Pardo Property, located 65 kilometres northeast of Sudbury, in Pardo and Clement Townships, Sudbury Mining Division. The holes were designed to test a series of strong IP chargeability anomalies and/or strong surface gold values in the target conglomerate horizon over a large portion of the property.

The diamond drilling was completed by Foraco Canada Ltd., of North Bay, Ontario, employing an LF-70 hydraulic drill rig.

On site drilling supervision and core logging was completed three geologists; Richard Murphy, P. Geo, of Sudbury, Ontario; Harold Wells, an independent contractor from Northport, Nova Scotia and Danniel Oosterman, the author of this report and independent contractor. All core was split by Cambrian College student Winston Whymark, and additionally by Wesley Whymark, working under contract to Mount Logan Resources, a wholly owned subsidiary to Ginguro Exploration Corp. (TSXV: GEG).

All hole location maps and drill sections were prepared and plotted by the author.

This report serves to summarize the results of this diamond drilling program. The following summarizes the claims upon where the work was carried out and associated expenditures:

Township/Area Claim

Work Performed Totals/Claim Drillholes Number

Drilling Drill Support

CLEMENT PD-09-07, PD-09-08,

4202512 $50,979.37 $20,179.96 $71,159.32 PD-09-09, PD-09-10, PD-09-11, PD-09-12

CLEMENT PD-09-13, 4202513 $17,661.07 $6,991.06 $24,652.13 PD-09-14

PARDO PD-09-04, 3009440 $7,274.52 $2,879.59 $10,154.11 PD-09-05

PARDO 3011983 $16,069.60 $6,361.08 $22,430.68 PD-09-17 PARDO 3011984 $25,913.16 $10,257.61 $36,170.77 PD-09-16 PARDO PD-09-01,

4202510 $34,794.03 $13,773.06 $48,567.10 PD-09-02, PD-09-03, PD-09-06

PARDO 4202514 $13,722.06 $5,431.82 $19,153.88 PD-09-15 Totals: $166,414 $65,874 $232,287.99

3

2. Location, Access and Physiography

The Pardo Property is located approximately 65 kilometres northeast of Sudbury, Ontario (see Figure 1), in the Sudbury Mining Division of east-central Ontario. The approximate geographic centre of the property is located at 46 Degrees, 47 Minutes north latitude, and 80 Degrees, 15 Minutes west longitude (or, alternatively, at UTM NAD 83 Co-ordinates 5180000 North and 555500 East). The property is primarily located in the northwest quadrant of Pardo Township, extending north into Clement and MacBeth Townships, east into Hobbs Township and west into McNish Township.

Access to the property can be made from Sudbury, the Trans Canada Highway runs east to the town of Warren, from which paved Highway 539 runs north to the small community of River Valley. From there, paved Highway 539A and all-weather gravel Highway 805 run north approximately 30 kilometres, crossing the western portion of the claim block. A network of logging roads run east from Highway 805, providing additional access to much of the property.

The property lies at an elevation of between 240 and 350 metres ASL, and while locally can be rugged, is generally one of modest relief. Approximately 15% of the claim block is outcrop, with the remainder a mixture of thin soil development through to thick fluvial sand plains and in places boulder till sheets of significant thickness. Vegetation is comprised of, in places, stands of virgin red and white pine, through to second growth mixed forests of pine, spruce, and poplar.

Infrastructure surrounding the project area is also excellent. Water is plentiful, with numerous lakes on the property, and the Sturgeon River runs south very close to the western limit of the claim block. Grid power is available in River Valley. All amenities for any exploration or mine development programs are available in the world class mining centre of Sudbury, and the towns of Sturgeon Falls and North Bay, all within a ninety minute drive of the property, provide additional support services.

3. Property Claim Summary

As at the date of this report, the Pardo Reef Property is comprised of 39 claims totaling 520 units, or 8,332 hectares. The claims are shown in Table 1. Claims listed in Table 2 (and included in Table 1) have title to Endurance Gold Corporation, and are subject to an option agreement between Mount Logan Resources and Endurance Gold whereby Mount Logan can earn an initial 55% of the property by spending $1 M in exploration expenditures and making cash payments of $200k over a three year period. A key map is shown in Figure 2.

On completion of its 55% earn-in, Mount Logan has a one-time option to increase its ownership interest to 70%, by completing an additional $1,000,000 in exploration, and making a further cash payment of $250,000 to Endurance.

On completion of either its 55% or 70% earn-in, Mount Logan will form a joint venture with Endurance to continue the exploration and development of the project. In the event either party dilutes to a 10% or less joint venture interest, that interest will convert to a 1.5% Net Smelter Royalty, and a one time cash payment of $500,000 on the commencement of commercial production.

Figure 2 illustrates the location of the respective claims comprising the property.

4

Table 1. Table of Pardo Reef Project Claims and Status Claim Recording Claim Due %

Township No. Date Date Option

CLEMENT 4201291 2006-Sep-28 2013-Sep-28 0%

CLEMENT 4201292 2006-Sep-28 2013-Sep-28 0%

CLEMENT 4202511

CLEMENT 4202512

CLEMENT 4202513

CLEMENT 4211782

MACBETH 1234842

MCNISH 1234841

PARDO 3009440

PARDO 3009441

PARDO 3011982

PARDO 3011983

PARDO 3011984

PARDO 3011999

PARDO 4202510

PARDO 4202514

JANES 4217740

MCNISH 4217741

MCNISH 4217742

MCNISH 4217743

MCNISH 4217744

MCNISH 4217745

MCNISH 4217746

MCNISH 4217749

MCNISH 4217750

MCNISH 4217751

PARDO 4217729

PARDO 4217730

PARDO 4217731

PARDO 4217732

PARDO 4217733

PARDO 4217734

PARDO 4217735

PARDO 4217736

PARDO 4217737

PARDO 4217738

PARDO 4217739

PARDO 4217747

PARDO 4217748

2006-Sep-12

2006-Sep-07

2006-Sep-12

2006-Sep-28

2008-Apr-23

2008-Apr-23

2004-0ct-29

2004-0ct-29

2005-Jul-04

2005-Jul-04

2005-Jul-04

2005-Jul-04

2006-Sep-12

2006-Sep-12

2007 -Sep-1 0

2007 -Sep-1 0

2007-Sep-10

2007 -Sep-1 0

2007 -Sep-1 0

2007-Sep-10

2007 -Sep-1 0

2007 -Sep-1 0

2007-Sep-10

2007 -Sep-1 0

2007 -Sep-04

2007-Sep-04

2007-Sep-04

2007 -Sep-04

2007 -Sep-04

2007 -Sep-04

2007-Sep-04

2007-Sep-04

2007-Sep-04

2007-Sep-04

2007 -Sep-04

2007 -Sep-1 0

2007-Sep-10

2013-Sep-12

2015-Sep-07

2013-Sep-12

2013-Sep-28

2013-Apr-23

2013-Apr-23

20 14-0ct-29

2014-0ct-29

2013-Jul-04

2013-Jul-04

2013-Jul-04

2012-Jul-04

2013-Sep-12

2013-Sep-12

2009-Sep-10

2009-Sep-10

2009-Sep-10

2009-Sep-10

2009-Sep-10

2009-Sep-10

2009-Sep-1 0

2009-Sep-10

2009-Sep-10

2009-Sep-1 0

2009-Sep-04

2009-Sep-04

2009-Sep-04

2009-Sep-04

2009-Sep-04

2009-Sep-04

2009-Sep-04

2009-Sep-04

2009-Sep-04

2009-Sep-04

2009-Sep-04

2009-Sep-1 0

2009-Sep-1 0

0%

0%

0%

0%

0%

0%

0%

0%

0%

0%

0%

0%

0%

0%

100%

100%

100%

100%

100%

100%

100%

100%

100%

100%

100%

100%

100%

100%

100%

100%

100%

100%

100%

100%

100%

100%

100%

Work Rqd

$4,800

$4,800

$4,400

$4,800

$4,800

$4,800

$6,400

$4,800

$4,800

$4,800

$4,800

$6,400

$6,400

$6,400

$4,800

$4,800

$3,600

$6,400

$6,400

$6,400

$6,400

$6,400

$6,400

$4,800

$6,400

$6,400

$3,200

$3,200

$6,400

$6,400

$6,400

$6,400

$6,400

$6,400

$6,400

$6,400

$1,600

$1,600

$4,800

Total Applied

$24,000

$24,000

$22,000

$33,600

$24,000

$24,000

$19,200

$14,400

$38,400

$38,400

$28,800

$38,400

$38,400

$32,000

$24,000

$24,000

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

Total Reserve

$0

$2,917

$0

$271,904

$0

$0

$0

$0

$2,610

$0

$0

$623

$0

$0

$0

$5,228

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

5

Table 2. Claims Subject Option with Endurance Gold Corporation Claim Recording Claim Due % Work Total Total

Township No. Date Date Option Rqd Applied Reserve

CLEMENT 4201291 2006-Sep-28 2013-Sep-28 0% $4,800 $24,000 $0

CLEMENT 4201292 2006-Sep-28 2013-Sep-28 0% $4 ,800 $24 ,000 $2,917

CLEMENT 4202511 2006-Sep-12 2013-Sep-12 0% $4,400 $22,000 $0

CLEMENT 4202512 2006-Sep-07 2015-Sep-07 0% $4,800 $33,600 $271,904

CLEMENT 4202513 2006-Sep-12 2013-Sep-12 0% $4,800 $24,000 $0

CLEMENT 4211782 2006-Sep-28 2013-Sep-28 0% $4,800 $24 ,000 $0

MACBETH 1234842 2008-Apr-23 2013-Apr-23 0% $6,400 $19,200 $0

MCNISH 1234841 2008-Apr-23 2013-Apr-23 0% $4,800 $14,400 $0

PARDO 3009440 2004-0ct-29 2014-0ct-29 0% $4,800 $38.400 $2,610

PARDO 3009441 2004-0ct-29 2014-0ct-29 0% $4,800 $38,400 $0

PARDO 3011982 2005-JuJ-04 2013-JuJ-04 0% $4,800 $28,800 $0

PARDO 3011983 2005-JuJ-04 2013-JuJ-04 0% $6,400 $38,400 $623

PARDO 3011984 2005-JuJ-04 2013-JuJ-04 0% $6,400 $38,400 $0

PARDO 3011999 2005-JuJ-04 2012-JuJ-04 0% $6.400 $32,000 $0

PARDO 4202510 2006-Sep-12 2013-Sep-12 0% $4,800 $24,000 $0

PARDO 4202514 2006-Sep-12 2013-Sep-12 0% $4,800 $24,000 $5,228

Feh ' SOlAce

'{;O; - .7

II cXce 's' !ioTVfl C,;E O N

Camp ~ I '.'EII~ m I --;"

, . ~dlQ(esl

'l i n r. IV TimiscOlming G

~I

0;.

I,)

ALGONQUIN

nd .~1iIes 2f ~ '::;1 MiUes 20

y 5 R

81' Btr 79'

Figure 1. Location of the Pardo Project in Ontario Canada, Sudbury Mining District.

6

4. General Geologic Setting

The regional geologic setting is described by Dressler (1979) as follows;

The area is underlain by Precambrian rocks, which are locally covered by Pleistocene and Recent unconsolidated sediments.

Early Precambrian metavolcanics, metasediments, granitic rocks, and mafic intrusive rocks are the oldest in the area. The metavolcanics and metasediments were intruded by granitic rocks, emplaced approximately 2500 my ago (Van Schmus 1965, Fairburn et al 1960). Early Precambrian mafic dykes also intruded the metasediments and metavolcanics and are believed to be younger than the granitic intrusions.

Middle Precambrian rocks of the Huronian Supergroup unconformably overlie the older rocks. They were deposited between 2150 to 2400 m.y. ago (Van Schmus, 1976), an age bracket which corresponds to the Aphebian of C. H. Stockwell (1964). Rocks of the Mississagi Formation, the Gowganda Formation, and the Lorrain Formation occur in the area. The Mississagi Formation consists of conglomerate, sandstone, greywacke and argillite. The Gowganda Formation is comprised of greywacke, conglomerate, arkosic wacke, and subarkose. The Lorrain Formation is primarily comprised of quartzite, sandstone, and minor silty wacke. Nipissing intrusive rocks (approximately 2150 M.a. old), mostly gabbros, intrude all other older formations. A late Precambrian olivine diabase dyke outcrops in northwestern Janes Township, immediately south of Pardo Township. All of the above lithologies occur north of the Grenville Front Boundary Fault, in the Southern Structural Province of the Canadian Shield.

South of the Grenville Front Boundary Fault, in the Grenville Structural Province, rocks consist of biotite-plagioclase gneiss. biotite-hornblende-plagioclase gneiss, feldspathic gneiss, amphibolite, gabbro, anorthosite, migmatite, olivine diabase, and ultramafic rocks.

5. Property Geology

Clark (1998) describes the property geology as follows:

The claim block is predominantly underlain by rocks of the Huronian Supergroup, and specifically by conglomerates, sandstones, siltstones and greywackes of the basal Mississagi Formation up through the Gowganda and Lorrain Formations. The northwest corner of the property, in Clement Township, hosts an intermediate to mafic intrusive believed to be Nippising gabbro.

The northern two thirds of the property show a series of roughly north-south trending units of conglomerate and siltstone-sandstone. MacVeigh (1956) concluded the formations form a syncline trending north 20 degrees east and plunging 5 degrees to the southwest. While very few field observations of strikes and dips have been made, those few that have been observed confirm that the sediments do form narrow, north south trending localized basins, perhaps filling paleotroughs in the Archean basement. The overall thickness of the Proterozoic sequence ranges from nil, where Archean greywackes are observed in outcrop on surface, to in excess of 100 metres, as documented by the 1956 diamond drilling completed by Pickle Crow Gold Mines in the vicinity of Apple Lake (see subsequent section).

7

MOUNT LOGAN Resources

PARDO RUT PROJI:CI ~lIdbtu')· Di~fricti O.rnrio

Chim and PI"QporIY Bound,,'y K~y .Hap

\.(00111 Log:ur Clair", (lOO%)inRRd BomllLwy EuduraDN" Gold Option C1.u.ms iu YtJ-Uow BcwlIbJ";Y

Figure 2. Map showing Mt. Logal/1 Claims and Opti()ned Claims for Pardo Project in and around Pardo Township

8

Where observed, the basal conglomerate is generally matrix supported, with a highly variable clast size ranging from a few centimeters to in excess of 1 metre. Sorting in the cOl1glomerate is generally very poor, suggesting the basal conglomerate may have a glacial origin as opposed to a fluvial genesis. Clast lithologies are also highly variable, but in decreasing abundance are quartz, siltstone/shale, chert, granite, diorite, and lesser varied rock types.

Gold mineralization defined to date on the property is intimately associated with pyrite content in the matrix of the basal conglomerate, and also appears to be related to proximity to the Archean unconformity. A more detailed description of the mineralization appears in the subsequent section of this report.

6. Previous Work

The first recorded work in the area is from 1932 (Bruce, 1932) when a small quartz vein was located immediately south of the current property boundary. The vein was stripped and sampled, but yielded very low gold values.

Between 1932 and 1956, there is no recorded work in the area. Between 1956 and 1957, much of the current property was held by Pickle Crow Gold Mines Limited, who were investigating the basal conglomerates for their uranium potential. That company completed two rounds of diamond drilling totaling 16 holes and 7,489 feet. Figure 4 illustrates the location of the Pickle Crow drill holes, as reported by MacVeigh (1956) and Thompson (1960). While the holes were routinely assayed for uranium, yielding only low and uneconomic values, only sporadic gold assays were reported, to a high of 0.055 opt over 10 feet.

From the 1974 to 1996, the area comprising the property was withdrawn from staking, as part of the Bear Island Indian Caution. No exploration activity was allowed or reported during that period, though a limited Cobalt Embayment wide sampling program by the Ontario Geological Survey in 1980 sampled quartz pebble conglomerates located on the south shore of Tee Lake, and returned anomalous gold values to 165 ppb Au.

In 1996, the property was staked by Vancouver based junior Tenajon Resources Corporation. In 1997, the company completed a two phase exploration program on the property, comprised of an initial 1 :20,000 reconnaissance scale mapping and sampling program (see Figure 3), followed by a mechanized stripping and channel sampling program on the property. That work resulted in the discovery of two significant gold showings known as the "Northern" and Southern" Occurrences.

At the Northern Occurrence, stripping revealed a thin veneer of basal conglomerate resting unconformably on basement Archean greywackes. The basement rocks trend approximately east-west and are vertical, while the basal conglomerate is flat lying and "pancaked" onto the basement. In several locations, the conglomerate is strongly iron-oxide stained, and carries up to 3-5% fine disseminated pyrite in the matrix. Grab values to 9.94 gpt gold were returned from the area, while channel samples returned a contiguous 12 metre interval grading 0.966 gpt gold.

At the Southern Occurrence, only the basal conglomerate is exposed, and again, pyritic portions returned grab samples to 2.47 gpt Au, and channel samples to 1.75 gpt Au over 3 metres.

During the same year, Tenajon also completed orientation humus sampling and scintillometer surveys over the North Showing, to determine the applicability of those two exploration techniques to identify additional gold occurrences. The scintillometer survey failed to detect any

9

anomalous radioactivity associated with the gold occurrence. The humus sampling detected several anomalies immediately over the showing area, and 100 metres north and south of the showing, with individual sample tenures to 62 ppb Au.

In 1998, the property was optioned to Triex Resources Inc., who earned a 60% interest in the project by completing $125,000 of exploration work during the 1998-1999 field seasons. That work included completion of a 40 kilometre cut-line grid over the area surrounding the "Northern Occurrence, followed by humus geochemistry and ground magneticNLF-EM and pole-dipole Induced Polarization surveys over the grid. Both the humus geochemical survey and the IP survey identified multiple anomalies warranting follow-up.

In July, 1999, Triex completed a program of power stripping and channel sampling over selected targets based on both IP and humus geochemistry responses. Of eight targets identified and sampled during the program, six returned anomalous gold mineralization over substantial widths. The IP survey appeared to have been extremely effective in defining high pyrite content portions of the conglomerate. Best results included an average grade of 451 ppb Au from twelve samples collected over a fifty metre exposure of the conglomerate, with high values to 2.2 gpt Au, and seven metres averaging 1.422 gpt Au, with a high individual metre channel carrying 7.03 gpt Au.

During 2000, Tenajon briefly re-assumed operatorship, and planned to assess the southern portions of the property for PGE potential. That work was never carried out. Due to depressed metal prices, the property was allowed to lapse in 2004, and was acquired by staking by the current property owners.

In July, 2006, Endurance Gold Corporation completed a single 18 metre diamond drill hole on Claim 3011983. The hole was designed to approximately duplicate a 1956 drill hole by Pickle Crow Gold Mines, which was exploring the area for uranium. That hole indicated that the basal conglomerate was in excess of 100 metres thick, and Endurance had planned a 150 metre diamond drill hole to provide a complete stratigraphic cut through the basal conglomerate, with corresponding continuous geochemistry. Unfortunately, due to extremely difficult overburden conditions, the hole failed to reach bedrock, and was abandoned after six days of drilling.

Also in July, 2006, Endurance Gold Corporation completed a 2500 metre mechanical stripping, washing, and channel sampling program at three locations, to evaluate IP anomalies generated as a result of the 1998 Triex work. That program was of a reconnaissance nature, and took place immediately off of the then property boundary. On receipt of results, Endurance staked 8 additional claims to cover the prospective stratigraphy. Results from the July, 2006 program included a channel sample returning 3.52 gpt Au over 13 metres, with widespread anomalous gold values from the exposed basal conglomerate. In October, 2006, Endurance completed an additional 900 square metre stripping, washing and channel sampling program, as an extension to the July, 2006 program. That work has been filed for assessment (Mcivor, 2006).

Also in 2006, Katrine Exploration and Development was contracted to cut a 20.96 line kilometre grid on the property. In late October, Larder geophysics Ltd. completed a detailed ground magnetometer and VLF-EM survey over that grid, and that work was subsequently filed for assessment (Ploeger, 2006).

In April, 2007, Endurance Gold Corporation completed a 17.5 line-kilometre Induced Polarization Survey over portions of the property (Mcivor, 2007). That work successfully identified numerous strong I.P. chargeability highs, believed to coincide with significant pyrite

10

concentrations within the basal conglomerate horizon, and with gold mineralization related spatially with the pyrite.

During the period May 15 through June 22,2007, a 23.0 line-kilometre geological mapping and prospecting program was carried out on portions of the Pardo Property. (Cullen and Mcivor, 2008). Mapping consisted of walking cut-grid lines, and noting all outcrop locations and lithologies, as well as relevant sulphide content. Systematic grab sampling was completed on outcrops containing any appreciable sulphide content. A total of 121 samples were collected during the program. The mapping program primarily encountered three basic lithological types. Most prevalent was a poorly sorted, matrix supported basal conglomerate believed to be a member of the Mississagi Formation. This lithology, the host to previously defined gold anomalies on the property, contained variable sulphide content, from nil to in excess of 5% in places. Typically, a higher sulphide content, and increase in the percentage of quartz clasts in the conglomerate, are empirically related to significantly anomalous gold values, and these parameters were noted during mapping. Also encountered during the program were stratigraphically higher sequences of sandstone/quartzite, which typically were unmineralized. The third lithological type encountered during mapping was a siltstone-argillite, believed to be Archean in age and typically located immediately beneath the basal conglomerates. In numerous instances, the stratigraphic relationships between the three units was unclear in the field, due to insufficient vertical outcrop exposure. The overlying sandstone/quartzite unit was often similar in appearance to the underlying siltstone/argillite unit, and differentiating the two was difficult. As such, at many locations on the enclosed map, the two units are described but undifferentiated as to stratigraphic position and age.

For the most part, the encountered sedimentary strata were flat lying to very gently dipping in both east and west directions, suggesting a gently undulating paleotopography.

Of the 121 samples collected during the program, 28 returned significantly anomalous gold values in excess of 100 ppb. Of those 28 samples, 6 returned gold values of between 100 and 500 ppb, and 1 sample returned a value in excess of 1,000 ppb (Sample 343555, with 1,880 ppb Au). Most all the significantly anomalous gold values were from pyritic conglomerate, though one sample of quartzite (Sample 343732) in the Tee Lake area returned a gold assay of 528 ppb Au.

During the period July 15 through August 15, 2007, a 56 hole, 653 metre diamond drilling program was carried out on portions of the Pardo Property. All 56 holes were drilled on Claim 4202512, to test strong Induced Polarization chargeability anomalies in the immediate vicinity of surface channel sample results of 3.52 gpt Au over 13 metres, in the Trench 2 area of the property. All holes were vertical, and designed to drill through the basal conglomerate horizon into Archean basement metasediments. The close spacing of the holes was designed to provide detailed information regarding the distribution of gold mineralization within the conglomerate in the third (vertical) dimension, and allow correlation between surface channel sample results and grade in drill core.

Most all holes drilled in the Trench 2 area encountered variable thicknesses of the targeted pyritic quartz pebble dominant basal conglomerate, before penetrating the underlying Archean metasedimentary stratigraphy (argillites-siltstones). In certain lower lying areas (Holes 15, 43 and 56) the drill holes collared into basement rocks, with no conglomerate horizon present.

During the period May 25 through July 07, 2008, a 41 hole, 979.5 metre diamond drilling program was carried out on portions of the Pardo Property, located 65 kilometres northeast of

11

Sudbury, in Pardo and Clement Townships, Sudbury Mining Division. The holes were drilled on claims numbered 3009440 (Holes 70, 72 through78, 80 through 83), 4202512 (Holes 11 through 29), 4202513 (Holes 09,10) and 4202514 (Holes 01 through 08), and were designed to test a series of strong IP chargeability anomalies and/or strong surface gold values in the target conglomerate horizon over a large portion of the property, as a follow up to the 2007 diamond drilling program.

7. 2009 Diamond Drilling Program Methodology

On August 1 st, 2009, Mount Logan Resources commenced a multihole, 500 meter diamond drilling program to be carried out on portions of the Pardo Property. The holes were designed to test a series of strong IP chargeability anomalies and/or strong surface gold values in the target conglomerate horizon over a large portion of the property, as a follow up to the 2007 diamond drilling program. The work was carried out on the following claims; associated expenditures are also tabulated:

T bl 3 T a e owns h· I· IP, c alms an d accrue d t f 2009 P d D ·11' cos so ar 0 rI 102

Township/ Area Claim



CLEMENT PD-09-07, PD-09-08,

4202512 $50,979.37 $20,179.96 $71,159.32 PD-09-09, PD-09-10, PD-09-11, PD-09-12

CLEMENT PD-09-13, 4202513 $17,661.07 $6,991.06 $24,652.13 PD-09-14

PARDO PD-09-04, 3009440 $7,274.52 $2,879.59 $10,154.11 PD-09-05

PARDO 3011983 $16,069.60 $6,361.08 $22,430.68 PD-09-17 PARDO 3011984 $25,913.16 $10,257.61 $36,170.77 PD-09-16 PARDO PD-09-01,

4202510 $34,794.03 $13,773.06 $48,567.10 PD-09-02, PD-09-03, PD-09-06

PARDO 4202514 $13,722.06 $5,431.82 $19,153.88 PD-09-15 Totals: $166,414 $65,874 $232,287.99

The diamond drilling was completed by Foraco Canada Limited of North Bay, Ontario, employing an LF70 hydraulic drill rig. Pads and drill access trails were cleared in advance by Endurance Gold Corp, or by Foraco Canada, using a skidder. Core size was NQ. Core recoveries were 100%, with the target conglomerate horizon a hard and competent unit. During drilling, recovered core was placed in core boxes, tagged and sealed via wire or rubber strap, and delivered to the Mount Logan core logging area at the end of each shift.

On site drilling supervision and core logging was completed three geologists; Richard Murphy, P. Geo, of Sudbury, Ontario; Harold Wells, an independent contractor from Northport, Nova Scotia and Danniel Oosterman, the author of this report and independent contractor. All core

12

was split by Cambrian College student Winston Whymark, working under contract to Mount Logan Resources, a wholly owned subsidiary to Ginguro Exploration Corp. (TSXV: GEG).

Sample results are pending as of writing.

8. Summary of Costs Claimed for Assessment

The following is a breakdown of costs accrued during the 2009 drilling program in Pardo Township:

Table 4. Cost Breakdown for Pardo Drilling Program 2009 Foraco Canada Inv. (to Aug. 15)

Foraco Canada Inv. (to Aug. 26)

Exploration Services (Maps & Sections)



Richard Murphy Wages

Hal Wells Wages

Danniel Oosterman Wages

Winston Whymark Wages

Wesley Whymark Wages

Manitou Lake Lodge

Emerald Lake Camp (Lodging)

Emerald Lake Camp (Phone)

Blue Demon Lodge

Grocery

Fuel

Truck Rental (W. Whymark)

Truck Rental (H. Wells)

ATV Rental (WWhymark)

Winston Whymark Expenses

Hal Wells Expenses

114,207.01

52,206.81

136.60

156.60

339.96

13,000.00

13,000.00

12,500.00

6,525.00

2,250.00

1,000.00

2,000.00

275.55

800.00

1,733.16

2,062.50

2.022.75

1,800.50

725.00

3,517.39

2.029.16

232,287.99

13

These costs can be distributed among claims in the following manner:

Township/ Area Claim



CLEMENT PO-09-07, PO-09-08,

4202512 $50,979.37 $20,179.96 $71,159.32 PO-09-09, PD-09-10, PO-09-11, PO-09-12

CLEMENT PO-09-13, 4202513 $17,661.07 $6,991.06 $24,652.13 PO-09-14

PARDO PO-09-04, 3009440 $7,274.52 $2,879.59 $10,154.11 PO-09-05

PARDO 3011983 $16,069.60 $6,361.08 $22,430.68 PD-09-17 PARDO 3011984 $25,913.16 $10,257.61 $36,170.77 PD-09-16 PARDO PO-09-01,

4202510 $34,794.03 $13,773.06 $48,567.10 PD-09-02, PD-09-03, PO-09-06

PARDO 4202514 $13,722.06 $5,431.82 $19,153.88 PD-09-15 Totals: $166,414 $65,874 $232,287.99

Appendix One contains a 1: 5000 Property Map illustrating the location drillholes with respect to Township and claims.

Appendix Two contains drill hole sections

Appendix Three contains a complete set of Diamond Drill Logs

14

9. Selected References

Bruce, E.L. 1932: Geology of the Townships of Janes, McNish, Pardo and Dana; Ontario

Department of Mines Volume 41, Part 4, p.1-28, Accompanied by map 41f, scale 1 inch to Y2 mile.

Clark, J.G. 1998: Report on 1998 Geophysics and Humus Sampling, Pardo Property; Triex

Resources Inc. Internal Report

Cullen, D. 1997: Report on 1997 Prospecting, Geological Mapping, Stripping and Channel

Sampling on the Pardo Property; Tenajon Resources Corporation Internal Report

Cullen, D. and Mcivor, D.F. 2008: Report on the Summer 2007 Mapping and Prospecting Program on the Pardo

Property, Pardo and Clement Townships, Sudbury Mining Division, Ontario; Endurance Gold Corporation Assessment Report

Dressler, Burkhart O. 1979: Geology of McNish and Janes Townships, District of Sudbury; Ontario Geological

Survey Report 191, 91 p., Accompanied by Map 2425, scale 1:31,680

Fairbairn, H.W. et al 1960: Mineral and Rock Ages at Sudbury-Blind River, Ontario; Proceedings of the

Geological Association of Canada, Volume 12, p. 41-66

Long, D.C.F. 1981: The Sedimentary Framework of Placer Gold Concentrations in Basal Huronian

Strata of the Cobalt Embayment; in Summary of Field Work, 1981, by the Ontario Geological Survey, OGS Miscellaneous Paper 100, ed. by John Wood et al.

MacVeigh, E.A. 1956: Report on the Geology of the Pickle Crow Gold Mines Property, Pardo Township,

Temagami Area, Ontario; Pickle Crow Gold Mines Internal Report.

Mcivor, D.F. 2006: The Results of a July, 2006 Diamond Drilling Program in Pardo Township,

Sudbury Mining Division, Ontario; Endurance Gold Corporation Assessment Report 2.33271

Mcivor, D.F. 2006: The Results of an October, 2006 Mechanized Stripping, Washing and Channel

Sampling Program on Claim 4202512 in Clement Township, Pardo Property, Sudbury Mining Division, Ontario; Endurance Gold Corporation Assessment Report W0670.01904

Mcivor, D.F.

15

2007: The Results of an April 2007 Induced Polarization Geophysical Survey on the Pardo Property, Pardo and Clement Townships, Sudbury Mining Division, Ontario; Endurance Gold Corporation Assessment Report W0770.02268

Mcivor, D. F. 2008: Report on the October-November 2007 Prospecting and Sampling Program on

the Pardo Property, Pardo and Clement Townships, Sudbury Mining Division, Ontario; Endurance Gold Corporation Assessment Report W0870.00796

Mcivor, D.F. 2008: Report of the 2007Diamond Drilling Program on the Pardo Property, Pardo and

Clement Townships, Sudbury Mining Division, Ontario; Endurance Gold Corporation Assessment Report Number W0870.00953

Mcivor, D.F. 2009: Report of the 2008Diamond Drilling Program on the Pardo Property, Pardo and

Clement Townships, Sudbury Mining Division, Ontario

Ontario Geological Survey 1975: Map 2361, Sudbury-Cobalt Geological Compilation

Ploeger, C.J. 2006: Magnetometer and VLF Surveys Over the Pardo Gold Project, Pardo and Clement Townships, Ontario; Larder Geophysics Ltd. Assessment Report 00670.01901

Stockwell, C.H. 1964 Fourth Report on Structural Provinces, Orogenies and Time Classification of the

Canadian Precambrian Shield; p.1-21, in Age Determinations and Geological Studies, Part II, Geological Studies, Geological Survey of Canada, Paper 64-17, 29 p.

Thomson, J.E. 1960 Uranium and Thorium Deposits at the Base of the Huronian System in the District

of Sudbury; Ontario Department of Mines Geological Report No.

Van Schmus, W.R. 1965 The Geochronology of the Blind River-Bruce Mines Area, Ontario, Canada;

Journal of Geology, Volume 73, Number 5, p. 755-780

16

APPENDIX I

APPENDIX II

I UJ E 51 " '" "' "'

50mN + + + + + 50 rr\N

End of Hole @ 17m End of Hole @ 62m End of Hole @ 17m End of Hole @ 21 m PD-09-02 PD-09-01 PD-09-03 PD-09-06

o mN ' 0 ." , ~/B 0iY\N

alB :OIB . -. --CONG .. . .. ..

"

OTE CONG • 0--.. .

CONG .. MTSD MTSD MTSD EOH EOH 17m

EOH 21m

MTSD

-50 mN + + + + + -50 mfi,f

EOH 62m

0 25 50

meters

-100 mN + + + + + -100 mfi,f w W W W W w E E E E E E 0 0 0 0 0 0

"' 0 '" 0 "' ~ " "' '" <D <D N N N N N N co co co co co co :;;

"' :0 "' :;; "' • MOUNT LOGAN Overburden (O/B) Scale 1. 1200 Resources

ALL HOLES COLLARED VERTICAL PARDO REEF rROJE;CT

II (i.e. No Azimuth) Sud'tHH)" AI"U, Ontario

Quartzite (QTE) Diamond Drill Section UTM NAD83 Looking W

D Zone 17 Stn555425mE Conglomerate (CONG)

Claim No. 4202510 M~ ALE P;otdoO_ ' ._D< ; .... "."" .. "

D Archean Metasediments (MTSD) FlC;lJR~ ","or P~ RD[)H].PlT

lJ.l lJ.l lJ.l lJ.l E E E E 0 0 0 0 <D <0 0 N

'" '" <D <D N N N N OJ <Xl '" CO

'" :;; :;; :;;

PD-09-04 PD-09-05

o mN - ...j.. ...j.. o mN

OIB OIB OTE .. ... -. . .. . ... . ... . ... . .. . .. . ..

"" . . ' - . , . ..

CONG .. .. QTE

" . .. ..... .

CONG

MTSD

-20 mN + + + + -20 mN

MTSD

1=(11-1 EOH@26m

_,-,I I

@25m

0 5 10

metres

lJ.l lJ.l w UJ E E E E

0 0 0 0 <D 00 0 N

'" '" <D <D N N N N co 00 co co :;; :;; :;; ... ')

• Overburden (O/B) Scale: 1: 400 MOUNT LOGAN

III ALL HOLES COLLARED VERTICAL Resources

Quartzite (QTE) PARDO RE.EF PROJ£CT

(i.e. No Azimuth) s.u(jb" '~·'\r<-&.Onl,"""

D UTM NAD83 Diamond Orill Stcrion

Conglomerate (CONG) Zone 17 Looking W

SlnS55514m £

D Claim No. 3009440

Archean Metasediments (MTSD) "'" OII.E . . .... ·._f .. · ... ~ ....

~ulfE 1'1.0r . .. ,...,.,

o mN

-20 mN

-40 mN

w E

0 0 M M CO

f;

+

0 10

+metres

w E 0 0 M M co <rJ

• Overburden (O/B)

• Quartzite (QTE)

D Conglomerate (CONG)

20

D Archean Metasediments (MTSD)

ALL HOLES COLLARED VERTICAL (ie No Azimuth) UTM NAD83 Zone 17 Claim No. 4202512

w E

0

'" M M

. co f;

-I-

+

w E 0 N M M co

'"

'\ PJ~

~'iS ~

'-O/B

CONG

QTE

' ,CONG

UMTSD EOH

IJJ W E E ." 0 ~ <D M M M M CO CO

-:h f;

+ +

+ +

w w E E 0 0 <I" <D

"' M

"' M

'" '" :;; '"

Scale: 1: 500


PARDO REEF PROJECT Sudlnu'y Arr." OnhtrKl

Diamond Drill Section Look.in~ W

SIl1556708mE

Fl.E. _ _ 10 .... 00 ....... _

Pl OT PAAOOH3t'1. f

a mN

-20mN

-40 mN

E E E E 0 11 PO-09-10 End of HOle~@ 54m 1' 1 PO-09-08

End of Hole @ 51 m (

Om" + -/e ,

0/8 0/8 QTE CONG

QTf::

CONG CONG

-25 mN + QTZt-r- + .*, ... -.- ..

QTE

CONG CONG

0 10 20 MTSD j

·50mN metre..p EO~ MTSD + .st«

EOH ~

~ ~ ~ ~ ~ :e

Scale: 1: 500

ALL HOLES COLLARED VERTICAL

• Overburden (O/B) (i.e No Azimuth) MOUNT LOGAN UTM NA083 Resources

Zone 17 PARDO REEF PROJECT

S .. d .... r:r.\ U ... Onh.F;.,

III Quartzite (QTE) Claim No. 4202512 Diamond DriIJ Sec: rion Looking N

S1nSI83226mN D Conglomerate (CONG) ~ I L ~ PardO_t'..DrIIP\oM""

D Archean Metasediments (MTSD) p\.or PAllOOKI p\.l

- - _ ._ - - ----

w W LU LU E E E '=

0 on on ~ N r-

on r-

OO "-

:R on :£ ~ "' on on "" "'

PO-()j ,no End of Hole @ 54m PD- 9-11 End of Hole @ 51m

~ -I- OmN OmN + 0/8

0/8 aTE I

aTE CONG

-25 mN + CONG -f aTE + -25 mN

aTE CONG

0 12.5 25 CONG aTE I i

~6~D m~tres -t + -50mN -50 mN

~6~D w w UJ w E E E on '" 0 r- N '" r-r-

:R ~ :£ '" on '" '"

MOUNT LOGAN • Scale: 1: 500 Resources Overburden (O/B) ALL HOLES COLLARED VERTICAL PARDO REEf PROJECT

:>udbur:-- :., .... , On~.rlo II (i.e, No Azimuth) Diamond Drill Section

Quartzite (QTE) UTM NAD83 Looking N Zone 17 StnSIS3121mN D Conglomerate (CONG) Claim No. 4202512

"" 1'IL1' ..,,""_ Il_O~ .... _

D Archean Metasediments (MTSD) ~lJRE <\Of PAll:OO.QP\.T

PD-09-~ 2

Om" + ( ~

V' 0/13 T

MTSD

CONG

:~5 mN + + + -25mN

MTSD

CONG

MTSD ·SO mU + ~6~~54m + -50mN

r 'I!

~ ~

Scale 1: 500

PD-09-12 COLLARED VERTICAL MOUNT LOGAN (ie. No Azimuth) Resources

UTM NAD83 PARDO REEF PROJECT

• Overburden (O/B) Zone 17 Sudbo'r:" A ...... On,,,Mo

Diamond Drill Section Claim No. 4202512 Looking W

D Conglomerate (CONG) Stn5S6687m E

f .. E.p.,oo_, ,,"-o,,IPO,,,,"'_

D Metasediments (MTSD) I".o'{ P.o.R:OOH;)P\l

..

PO-G9--13 OmN + \-J

o 3

· 'OrnN + metres

~

~ ;;

• Overburden (0/8)

• Quartzite (QTE) l 0 Acohean Meta,ediment'iMTSD)

6

MTSD

EOH

Scale 1.200

ALL HOLES COLLARED VERTICAL (i.e No Azimuth) UTM NAD83 Zone 17 Claim No. 420 1291

+

+


PARDO REEF PROJECf SUdbll r;<A .... 8.0n' .. ri<>

Diamond Drill Sterion Looking W

StnS57038mE

0-.;".

mettes

~

~ ~N


II Quartzite (QTE)


Scale: 1: 300 ALL HOLES COLLARED VERTICAL (i .e. No Azimuth) UTM NAD83 Zone 17 Claim No. 4201291

+

~ i! :;:

~

"I>-R{

~o)5 « --C)/B

QTE

MTSD EOH


+

E ~

~ f-

PARDO REEF PROJECT S"llblUj' .<\re'.l. , Onl\lr~,

Diamond Drill Section Looking W

StnSS7146mE

OATE FILE .. , _ _ 10...001 ......... .....,..

FIGURE : PLOT: P~RPVH~ '" r

OmN

·20mN

w E

~

o.,j..

metres

'g § ~ .~N


II Quartzite (QTE)


Scale 1: 300 ALL HOLES COLLARED VERTICAL (i.e . No Azimuth) UTM NAD83 Zone 17 Claim No. 4202514

+

~ 8 a ~

,,'>-R)

}S 'V ~

~C)/B

QTE

MTSD EC)H


+

~ 2 2 ~

PARDO REE f PROJ ECr Sudbu l')' A n:1l., O nlar\.o

Diamond DriU Section Looking W

Stn557146mE

DAl E FILE: "'''''UI..J)nIPO-...,'

nGURE: PLOT: ""ROOHl Pl T

Om"

-20mN

OmN

-25 mN

-50 mN

-75 mN

-100 mN

-125 mN

-150 mN

-175 mN

•

w t= o

'" CD en "-

.If

+

+

Scale: 1: 800

+

+ Overburden (O/B)

II Quartzite (QTE)

Siltstone (SL TSTN)

w t= '" "CD 0> "-.If

+

+

+

+

D +Conglomerate (CONc5')


0 15 30

+ metres

+

w w E E

0 OJ')

'" t-

~ ~ I'- r--:;:; '"

w t= ~ ,,'0 ~

g ~~ ~ ~ ~<J if

· ·--~JO/B

+ QTE

-t- + CONG

QTE

+ + SLTSTN

+ I ICONG +

rE

+ II

CONG +

[ SLTSTN

+ ~CONG ~

MTSD

t H w t= o 0

-$; I'-

:;:;

w t= o '" "-en "-

.If

+

+

+

+

All HOLES COLLARED VERTICAL (i.e. No Azimuth) UTM NAD83 Zone 17 + Claim No. 3011984

MOIJNT LOGAN Resources

PARDO REEF PROJECT Sudhury A rc», OIl':.Ir io

Diamond Drill Section Looking W

StnS55435mE

DATE " FILE P __ " • .orF!o""_

FIGV!?! : PLOT: PAlID0H3l>\. r

w E '" I'-I'en I'-

.lfOmN

-25 mN

--50 mN

-1-5 mN

-100 mN

-125 mN

o mN

-10 mN

-20 mN

UJ

-F 0 0 f'--a-f'--

'"

+

+

0 5

metres

w E 0 0 r--

'" r---f;


• Quartzite (QTE)

D Conglomerate (CON G)


ALL HOLES COLLARED VERTICAL (i .e. No Azimuth) UTM NAD83 Zone 17 Claim No. 3011984

UJ lU W

-F -f. -F 0

~~ 0

;: M "-a- m

f'-- r--u;

~J' ~

r;)' ~

+ --O/B

CC)NG

+ I I 10 Ml-SD

I I

EOH w E

0

;: '" r--

-~-

,0 '"

+ +

+ +

w 1.lJ E E 0 "" N .,., r-- I'

'" 0> r-- r--

-~ ,F

Scale: 1: 250


DATE"

FIGURE:

PARDO REEF PROJECT Sudbury Area, Ont~rio

Diamond Drill Sect ion Looking W

Stn554456mE

FI L E: PStdO_1 k_DnIlPldn4.wor

PLOT: PAFlODH3.PL T

o mN

-10 mN

APPENDIX III

Hole Number PD-09-01

Drilling

Azimuth: 0

Dip: 90

Length: 62 .01

Started: 01-Aug-09

Completed: 02-Aug-09

Logged: 05-Aug-09

Comment: 300S,800W

Deviation Tests

Distance Azimuth Dip

0.00 0.00 90.00

31 -Aug-09 12: 17:57 PM

Type

C

CaSing

Length : 0

Pulled: yes

Capped: no

Cemented:

Good Comments

DRILL HOLE REPORT

Project: PARDO REEF PROJECT

Core

Dimension: NQ

Storage: Mine Site

Section:

Hole Type DD

Coordinate - Gemcom

East:

North:

Elev. :

Location

Township:

Claim No. :

NTS:

Hole:

PARDO

SURFACE

Coordinate· UTM

o East:

o North:

o Elev.:

Zone: 17

55541 8

51 82473

o NAO: NAD83

Project Number:

Other

Logged by:

Relog by:

Contractor:

Spotted by:

Surveyed:

Surveyed by:

Geophysics:

Geophysic Contractor:

Left in hole:

Making water:

Harold Wells

Forace Drilling

Danniel Oosterman

Multi shot survey:

Page 1 of 1

LITHOLOGY REPORT

- Detailed -

Hole Number PD~9~1 Project: PARDO REEF PROJECT

From (m)

0.00

7,90

10.65

To

(m) Lithology

7.90 O/B Overburden

Loose pebbles to cobble of various rock types including bul nollimiled 10 granITes, greenstone, sandslone. The hole was collared in glaciallill. Poor core recovery.

10.65 QTE quartzite

Blue grey Ouartizile medium to fine grained. Iron canbonate staining on the fracture planes. Minor pyrite and pynotite in healed fracture. Minor Siltstone unils.

12.06 CONG conglomerate

Inlerbedded Conglomerale with various sized clasls from mm scale to 5 em milky quartz with mostly smaller clasts, there is also minor similar scated sandstone clasts. Ctast supported to minor matrix supported. 10-15% sulphides replacing the matrix, 70% of which is pyrile wilh 30% prryilile. Sericile, chlorile and epidote alleralion. Matrix is blue grey sandstone, replaced by cubic pyrite. Minor pyrite cubes wilhin smokey quartz pebbles. No signs of bedding.

12.06 62.00 MTSD metasediment

31-Aug-09 2:47:35 PM

Blue grey quartzite, wilh interbedded silts lone/mudstone, often referred 10 in past lilerature as argilile. Minor pyrite on the fracture surfaces, fractures are 50 degrees to core axis. There is sericrte, chlorite and pyrite on the fracture surfaces, minor slickenslides on chlorite fractures . Minor quartz veins on fracture

Sample # From To Length

Project Number:

Ni (%)

Cu (%)

Co NiEq Au (%) (ppm)

Page 1 af 2

Hole Number PD~9~1

From

(m)

62.00

To

(m)

62.01

31-Aug-09 2:47:36 PM

LITHOLOGY REPORT

• Detailed·


Lithology

planes. There are 0.1 -0.3 em thick aplite veinlets and infill on fractures, various sets, 70 degs and 10 degs to core axis. Localized banding interpreted as bedding at 10 degrees to core axis. Minor, < 1% pyrite filled fractures, smear on surface. Local regains of higher epidote alteration. Stronger alteration with depth. Increase of disseminated Pyrite with depth. More Irequent and larger quartz veins. Localized disseminated biotite.

EOH End of Hole


Project Number:

Ni (%)

Cu (%)

Co NIEq Au (%) (ppm)

Page 20(2

Hole Number PD~9~2

Drilling

Azimuth: 0

Dip: 90

Length: 17.01

Started: 02-Aug-09


Logged: 07-Aug-09

Comment: 350S,800W

Deviation Tests


0.00 0.00 90.00

31 -Aug-09 12:18:33 PM

Type

C

Casing

Length :

Pulled:

Capped:

Cemented:

yes

no

Good Comments

o

DRILL HOLE REPORT

Project PARDO REEF PROJECT

Core

Dimension: NQ

Storage: Mine Sile

Section:

Hole Type DD

Coordinate - Gemcom

East:

North:

Elev. :

Location

Township: PARDO

Claim No.:

NTS:

Hole: SURFACE

Coordinate - UTM

0 East: 555425

0 North: 5182435

0 Elev_: 0

Zone: 17 NAD: NA083

Project Number:

Other

Logged by:

Ralog by:

Contractor:

Spotted by:

Surveyed:

Surveyed by:

Geophysics:


Left In hole:

Making water:

Harold Wells

Foraco Drilling

Danniel Ooslerman

Multi shot survey:

Page 1 of 1

Hole Number PD-ll9-ll2

From

(m)

To

(m) Lithology

Project:

LITHOLOGY REPORT

- Detailed -

PARDO REEF PROJECT

Sample #

0.00 11.00 CONG conglomerate

Clast supported Conglomerate with interbedded sandstone, beds of small clasts 1-3mm, beds of medium clasts 1-5 cm in size. Clasts are comprised of sand and siltstone. Matrix is fine grained, siltstone to mudstone with minor regions of medium grained sand. Minor carbonate veins 50 degrees to the core axis. Localized clasts rimmed by pyrrlloUte and pyrite, <1%. Pyrite is cubic, very little colifomn pyrite.


17.00 17.01

31-Aug-09 2:47:16 PM

Blue grey, medium grained quartzite w~h minor pyrite and pyrite-pyrrhotite pods, minor disseminated pyrite, and pyriie-carbonate filled fractures and visible cpy grains. Minor areas of siUstone to mudstone. Gradational fining of sandstone with depth to siltstone. Colifomn pyrite on fracture surfaces.

EOH End of Hole

From To Length

Project Number:

Ni (%)

Cu (%)


Page 1 of 1

Hole Number PD~9~3

Drilling

Azimuth : 0

Dip: 90

Length: 17.01

Started: 03-Aug-09


Logged: 07-Aug-09

Comment: 259S, now

Deviation Tests


0.00 0.00 90.00

31-Aug-09 12:18:54 PM

Type

C

Castng

Length :

Pulled :

Capped:

Cemented:

yes

no

Good Comments

~

o

DRILL HOLE REPORT


Core

Dimension: NQ

Storage: Mine Site

Section:

Hole Type DO

Coordinate - Gemcom

East:

North:

Elev.:

0

0

0

Location

Township:

Claim No.:

NTS:

Hole:

PARDO

SURFACE

Coordinate· UTM

East: 555433

North: 5182519

Elev.: 0

Zone: 17 NAD: NAD83

Project Number:

Other

Logged by:

Relog by:

Contractor:

Spotted by:

Surveyed:

Surveyed by:

Geophysics:


Left In hole:

Making water:

Harold Wells

Foraco Drilling

Danniel Oos(erman

Multi shot survey:

Page 1 of 1

LITHOLOGY REPORT

. Detailed·

Hole Number PD'()9.()3 Project: PARDO REEF PROJECT

From (m)

0.00

6.00

10.33

To

(m) Lithology

6.00 OIB Overburden

Mixed till with cobble. including Diabase, sillstone, and red granite.


Mineralized quartz pebble conglomerate, clast supported , pyrite replacing sandstone matrix, 10·15%. Pyrite is in both, cubic and coliform . Clasts are rimmed with pyrite. ChlOrite and epidote alleration in the matrix. Minor disseminated calcopyrite. Weak alteration rims around the cia sis. Interbedded regions of smaller clast conglomerate. Quartz clasts range in size from .5·5 cm in diameter.

Mineralization Maj. : TypeJStyle/%Mineral Comment

6.00 ·10.33 CP BL 1

6.00 -10.33 PO DIS 1

6.00·10.33 PY Net 5

6.00·10.33 PY Rim 5

6.00·10.33 PY DIS

17.00 MTSD metasediment

Btue Grey sandstone, Quartzite. Minor disseminated pyrite , 1%. Few .2· .5cm thick quartz veins with pyrite walls. Minor carbonate veinlets, 1-2mm in thickness .

Minerallra60n Maj. :

10.33·12.00

Structure Ma/ :

10.95·11 .05

Type/Stylel"/OMineral Comment

PY DIS 1

Type/Core Angle Comment

SLK 30

31·Aug-09 2:46:59 PM

Sample #

H822032

H822033

H822034

H822035

H822036

H822037

From

6.00

7.00

8.00

9.00

10.00

11 .00

To

7.00

8.00

9.00

10.00

11 .00

12.00

Length

1.00

1.00

1.00

1.00

1.00

1.00

Project Number:

Ni (%)

Cu (%)


Page 1 of 2

Hole Number PD~9~3

From (m)

17.00

To

(m)

17.01

31-Aug-09 2:46:59 PM

Minor Intervat:

11 .67 11 .78

EOH End of Hole

Project:

Lithology

OTZ Quartz Vein

LITHOLOGY REPORT

- Detailed-

PARDO REEF PROJECT

Sample #

Quartz vein inti!! on fracture plane . Has sandstone inclustions , minor blebby pyrite.

From To Length

Project Number:

Ni (%)

Cu (%)


Page 2 012

Hole Number PD~9~4

Drilling

Azimuth : 0

Dip: 90

Length : 26.01

Started: 03-Aug-09


Logged: 08-Aug-09

Comment: 204S, 750W

Deviation Tests

Distance Azimuth

0.00 0.00

31-Aug·09 12:36:00 PM

Dip

90.00

Type

C

Casing

Length:

Pulled:

Capped:

Cemented:

yes

no

Good Comments

o

DRILL HOLE REPORT


Core

Dimension: NO

Storage: Mine Sile

Section:

Hole Type DD

Coordinate· Gemcom

East:

North:

Elev.:

Location

Township: PARDO

Claim No.:

NTS:

Hole: SURFACE

Coordinate - UTM

o East:

o North:

o Elev.:

Zone: 17

555508

5182558

o NAD: NAD83

Project Number:

Other

Logged by:

Relog by:

Contrac1or:

Spotted by:

Surveyed:

Surveyed by:

Geophysics:

Geophysic Contrac1or:

Left in hole :

Making water:

Harold Wells

Foraco Drilling

Danniel Oosterman

Multi shot survey:

Page 1 of1

LITHOLOGY REPORT

- Detailed -

Hole Number PD-09-04 Project: PARDO REEF PROJECT

From

1m)

0.00

2.85

3.34

To

(m) Lithology

2.B5 018 Overourden

Glacial Till, moslly Sand and siltstone cobble.

3.34 aTE quartzite

Blue grey sandstone. Medium to ooarse grained. Iron cartJonate staining on the fracture surfaces.


Quartz pebble conglomerate. The upper contact is gradational, the lower contact is sharp and 70 degrees to core axis. 40% of clasts are milky quartz. Clast range in size from .2·5 em in diameter. Colnorm pyrite replacement of matrix, with zones of up to 40 %pyrite. This is minor pyrite rimming of clasts. The matrix is a meduim grained sandstone. There are localized beds of sandstone and siltstone. There is chlorite along the fracture surfaces . Minor to no alteration rims on the clasts.


31 ·Aug·09 2:46:38 PM

Blue grey sandstone, medium to fine grained. Disseminate and blebby pyrite, 3-4%. Thin coliform pyrite on fracture surfaces <1 mm. Silicous bedding planes with quartz vein lets at 30 degrees to core axis. Gradational transition for medium to finer grained sandstone. Minor Epidote alteration. Starting around 22m there is a suite of quartz·carbonate veins 1·10 mm thick, with most in the 1·2mm thickness. There is minor alteration along the margins. Sericite and serpintine alteration in localized regions.


Project Number:

Ni (%)

Cu (%)


Page 1 of2

Hole Number PD~9~4

From

(m)

26.00

To

(m)

26.01 EOH

31·Aug·09 2:46:38 PM

LIthology

End of Hole

LITHOLOGY REPORT

- Detailed -

Project : PARDO REEF PROJECT

Sample #

Project Number:

Ni Cu Co NiEq Au

From To Length (%) (%) (%) (ppm)

Page 2 of 2

Hole Number PD~9~5

Drilling

Azimuth: 0

Dip: 90

Length: 25.01

Started: 04-Aug-09


Logged: 08-Aug-09

Comment: 151S, 722.5W

Deviation Tests


000 0.00 90.00

31-Aug-09 12:36:32 PM

Type

C

Casing

Length:

Pulled:

Capped:

Cemented:

yes

no

Good Comments

o

DRILL HOLE REPORT


Core

Dimension: NQ

Storage: Mine Site

Section:

Hole Type DD

Coordinate - Gemcom

East:

North:

Elev.:

o o o

Location

Township: PARDO

Claim No.:

NTS:

Hole: SURFACE

Coordinate - UTM

East: 555526

5182619

o North:

Elev_:

Zone: 17 NAD: NAD83

Projecl Number:

Other

Logged by:

Relog by:

Contractor:

Spotted by:

Surveyed:

Surveyed by:

Geophysics:


Left in hole:

Making water:

Harold Wells

Harold Wells

Multi shot survey:

Page 1 of 1

LITHOLOGY REPORT

- Detailed-

Hole Number PD-09-05 Project: PARDO REEF PROJECT

From

(m)

0.00

3.80

8.13

To

(m) Lithology

3.80 OIB Overburden

Glacial nil with few recovered clasts.

8.13 aTE quartzite

Blue grey sandstone, quartzite. Grain size increases with depth, from siltstone to medium grain sandstone. Iron cabonate staining on the fracture planes. There is minor pyrite in the coarser grained material.


Quartz pebble conglomerate with medium grained sand matrix. The clasts are comprised of sandstone, siltstone and quartz and range in size from .2-10 em in diameter. There is little to no alteralion rimming on the clasts. Coliform pyrite has replaced the matrix and is rimming some of the clasts. Well formed pyrite cubes up to 2mm across. There is up to 30% pyrite with most of the unit having 5-10% Pyrite. There is litlle to no Pyrrhotite or calcopyrite. There are interbeds of siltstone which have few clast. Core recovery is fair with localized zones of severly broken core. There are 1 cm thick bands of siltstone matrix in the large clast zone which appears to be bedding at40 degrees to core axis.


31-Aug-09 2:46: 16 PM

Fine grained blue grey sandstone to siltstone, similar to argilite. The contact from the conglomerate is fairly sharp and shows a bedding at 60 degrees to core axis. Minor disseminaled and blebby pyrite, 1-2%. Some


Project Number:

Ni (%)

Cu (%)


Page 1 of 2


From

1m)

25.00

To

1m)

25.01

31-Aug-09 2:46:16 PM

LITHOLOGY REPORT

- Detailed-


Lithology

pyrite on fracture surfaces, carbenale also on lhe fraclure surfaces. Pyrite is a mixture of cubic and coliform. There is a 7cm lhlck quartz-carbonate vein wilh blurred margins . There are olher 1-2mm thick carbonate veins and chlorite on the fracture surfaces.

EOH End of Hole


Project Number:

Ni (%)

Cu (%)


Page 2 of2

Hole Number PD.o9.o6

Drilling

Azimuth: 0

Dip: 90

Length: 21.01

Started: 05-Aug-09


Logged: 09-Aug-09

Comment: 1025. 784W

Deviation Tests


0.00 0.00 90.00

31-Aug-09 12:37:00 PM

Type

C

CalOlng

Length:

Pulled:

Capped:

Cemented:

yes

no

Good Comments

~

o

DRILL HOLE REPORT


Core

Dimension: NO

Storage: Mine Site

Section:

Hole Type DD

Coordinate - Gerncom

East:

North:

Elev.:

Location

Township: PARDO

Claim No_:

NTS:

Hole: SURFACE

Coordinate - UTM

o East:

o North:

o Elev.:

Zone: 17

o o o

NAD: NAD83

Project Number:

Other

Logged by:

Ralog by:

Contractor:

Spotted by:

Surveyed:

Surveyed by:

Geophysics:

Geophyslc Contractor:

Left in hole:

Making water:

Harold Wells

Foraco Drilling

Danniel Oosterman

Multi shot survey:

Page 1 of 1


From

(m)

0.00

To

(m)

3.07 018 Overburden

Glacial Till and Quartzite cobble.

Project:

Lithology

LITHOLOGY REPORT

- Detailed -

PARDO REEF PROJECT

Sample #

3.07 21 .00 MTSD metasediment

21.00 21 .01

31-Aug-09 2:46:02 PM

Blue Grey sandstone (quartzite). Fine grained with interbedded siltstone. Beds have gradational contacts. Bedding appears to be at 35 degrees to core axis. The upperpart of the un~ is mineralized with -5% blebby coliform pyrite and fracture filled pyrite. There is disseminated pyrite throughout the unit, 1-2%. Secondary quartz, carbonate and aplite veins, with carbonate and chlorite along the fracture surfaces.

EOH End of Hole

From To Length

Project Number:

Ni (%)

Cu (%)


Page 1 of 1

Hole Number PD~9~7

Drilling

Azimuth: 0

Dip: 90

Length: 46.01

Started: 07-Aug-09


Logged: 09-Aug-09

Comment: BOON,475E

Deviation Tests

Distance Azimuth Dip Type

0.00 0.00 90.00 C

48 .00 9.20 67.30 F

31-Aug·09 12:37:31 PM

Casing

Length:

Pulled:

Capped:

Cemented:

yes

no

Good Comments

~ ~

o

DRILL HOLE REPORT


Core

Dimension: NO

Storage: Mine Site

Section:

Hole Type DD

Coordinate · Gemcom

East:

North:

Elev.:

Location

Township:

Claim No.:

NTS:

Hole:

PARDO

SURFACE

Coordinate· UTM

o East:

o North:

o Elev.:

Zone: 17

o o o

NAD: NAD83

Project Number:

Other

Logged by:

Relog by:

Contractor:

Spotted by:

Surveyed:

Surveyed by:

Geophysics:


Left in hole:

Making water:

Harold Wells

Foraco Drilling

Danniel Oosterman

Multi shot survey:

Page 1 of 1

Hole Number PD'{)9'{)7

From

1m) To

1m) Lithology

Project :

LITHOLOGY REPORT

- Detailed -

PARDO REEF PROJECT

Sample #

0.00 2.30 0/8 Overburden

2.30 20.51

Glacial till with blue grey sandstone and red arkose sandstone.

CONG conglomerate

Quartz pebble conglomerate with intertJedded sandstone . This is weakly mineralized upper conglomerate. The Conglomerate is clast supported with a blue grey medium to fine grain matrix. The clasts are comprised or quartz, sandstone and siltstone. There is an increase of the number of quartz pebble clasts within the centre of the unil. Clast are poorly sorted with size ranging from .1 -7 cmin diameter. The clasts are rounded to sub-rounded The upper zone of the conglomerate doesn't show significant alteration rims with only thin alteration at the lower end of the upper unit, <1mm alteration. Alteration is more dominate in the siltstone clasts. There is disseminate, pyrite and pyrrhotite in the sand matrix . Localized rimming of dasts by coliformed denlriat pyrite, the rims are <1mm thick. There is perdominate pyrite reptacement of certain beds atong fracture planes. There is minor chalcopyrite, and new cubic pyrite rimming of dasts . There is a lack of blue quartz pebbles in the upper section of this conglomerate unil.

20.51 27.56 aTE quartzite

31-Aug-09 2:45:46 PM

Blue Grey to darker grey quartzite Archean, footwall rocks , medium grained with fine to siltstone beds. Medium grained unit is fairly massive with little indication of bedding. There are thin, <1mm thick pyrite bands, 80-90 degrees to core axis. Pyrite is old, poor structured, denlria!. coliform. Pyrite is replacing sandstone beds. There is little to no structure, with only a minor joint set, 35 degrees to core axis, with minor chlorite, carbonate and pyrite on the fracture surface.

From To Length

Project Number:

NI (%)

Cu (%)


Page 1 of 3


From (m)

27.56

To

(m)

41.94

LITHOLOGY REPORT

- Detailed -


Lithology

CONG conglomerate

Lower, well mineralized conglomerate. Clast supported, with clasts ranging in size from 0.2-10 cm, with most under 5 cm. Clasts are composed of sandstone, siltstone, basalt, quartz and minor blue quartz. The clasts are rounded to sub-rounded with minor sub-angular, the basalt clasts are sub-angular. The matnx is medium to coarse grained. There were few alteration nms on the edge of siltstone or basalt clasts increasing with depth. Mineralization is pyrite, rim, net and disseminated, up to 20%, 70% is cubic with 30%coliform and disseminated pyrrhotite, 3%. , There is an increase of mineralization with depth. The blue quartz clasts are <2mm in diameter and are prodominate from 38.5-40.2m In a coarse grain matrix region.

Sample #


48.00 48.01

31-Aug-09 2:45:46 PM

Archean sandstone, footwall rocks. Blue grey in colour with quartz pods remoblized. There are two sets of structure, 40 degrees and 20 degrees to core axis. The fractures have chlonte and carbonate on the surfaces. There is minor pyrite, <1%.

EOH End of Hole

From To Length

Project Number:

NI (%)

Cu (%)


Page 2 of 3


From

(m)

To

(m)

31-Aug-09 2:45:46 PM

Lithology

LITHOLOGY REPORT

- Detailed -



Project Number:

Ni (%)

eu Co NiEq Au (%) (%) (ppm)

Page 3 of 3

Hole Number PD~9~8

Drilling

Azimuth: 0

Dip: 90

Length : 51.01

Started: 09-Aug-09


Logged: 10-Aug-09

Comment: 500N,475E

Devialion Tests


0.00 0.00 90.00 C

51.00 126. 10 -89.30 F

31-Aug-09 12:38:30 PM

Casing

Length:

Pulled:

Capped:

Cemented:

yes

no

Good Comments

~ ~

o

DRILL HOLE REPORT


Core

Dimension: NQ

Storage: Mine Site

Section:

Hole Type DD

Coordinate· Gemcom

East:

North:

Elev.:

Location

Township : PARDO

Claim No.:

NTS:

Hole: SURFACE

Coordinate - UTM

o East:

o North:

o Elev.:

Zone: 17

556694

5183224

306

NAO: NAD83

Project Number:

Other

Logged by:

Relog by:

Contractor:

Spotted by:

Surveyed:

Surveyed by:

Geophysics:


Left in hole:

Making water:

Richard Murphy

Foraco Drilling

Danniel Oosterman

Multi shot survey:

Page 1 of 1

LITHOLOGY REPORT

- Detailed -

Hole Number PD~9~8 Project: PARDO REEF PROJECT

From

(m)

0.00

3.00

9.10

22.30

To

(m) Lithology

3.00 OIB Overburden

Casing

9.10 QTE quartzite

Sandstone, medium grained, grey. Mainly sandy siltstone, dar1< grey. prodomently featureless with oceational pyritic laminae as 2 degrees laminae or possibly 3 degreecross beds. Lower contact is normal to core axis, sharp and well defined. Disseminated ragged pyrrotite and pyrite, un~ormly distributed with local concentrations. Occational clasts noted, gravel size fragments. Trace pyrite.


More matrix supported, medium sized matrix. Clasts are smll pebbles to 20 cm scale. Clasts include mafic volcanics. Minor alteration rims. Trace Pyrite.

30.77 QTZ Quartz Vein

Sandstone, medium grained, grey. See PD-09-09 8.6m-17.44m for a more complete description. tncludes pyrite bedding at 2-5 degrees to core axis.

31-Aug-09 2:43:59 PM


Project Number:

Ni (%)

Cu (%)


Page 1 of 2

Hole Number PD~9~8

From

(m)

To

(m) Lithology

Project:

LITHOLOGY REPORT

- Detailed -

PARDO REEF PROJECT

Sample #


Conglomerate. Polymictic greenish grey clast dominated framewor!< supported lesser matrix supported sections, More common reaction rims around mafic clasts. Minor sandstone intervals up to 40cm. Matrix. is average coarse sandstone. Trace to 10% pyrite mineralization throughout.


Mixed metaseds. includes quartzite to argilite beds. Beds 70-90 degrees to core axis.

51 .00 51.01 EOH End of Hote

31-Aug-09 2:43:59 PM

From To Length

Project Number:

Ni (%)

Cu (%)


Page 2 of 2

Hole Number PD~9~9

Drilling

Azimuth: 0

Dip: 90

Length: 54 .01

Started: 07-Aug-09


Logged: 10-Aug-09

Comment: 400N.475E

Deviation Tests


0.00 0.00 90.00 C

54 .00 217.40 -89.40 F

31-Aug-0912:38:09 PM

Casing

Length:

Pulled:

Capped:

Cemented:

yes

no

Good Comments

~ ~

o

DRILL HOLE REPORT


Core

DlmensloOl: NQ

Storage: Mine Site

Section:

Hole Type DD

Coordinate - Gemcom

East:

North:

Elev.:

Location

Township:

Claim No.:

NTS:

Hole: SURFACE

Coordinate - UTM

o East:

o North:

o Elev.:

Zone: 17

556700

5183124

306

NAD: NAD83

Project Number:

Other

Logged by:

Relog by:

Contractor:

Spotted by:

Surveyed:

Surveyed by:

Geophysics:


Left In hole:

Making water:

Harold Wells

Foraco Drilling

Danniel Dosterman

Multi shot survey:

Page 1 of 1

LITHOLOGY REPORT

- Detailed-

Hole Number PO'()9'()9 Project : PARDO REEF PROJECT

From (m)

0.00

8.60

17.44

31.80

To

(m)

8.60 OIB OVerburden

Various boulders, lill . Rubbly core.

Lithology

17.44 QTE quartzite Mainly sandy siltstone, dark grey, prodomently featureless with oecational pyritic laminae as 2 degrees laminae or possibly 3 degreecross beds. Lower contact is normal to core axis, sharp and well defined. Disseminated ragged pyrrome and pyrite, un~ormly distributed with local concentrations. Oceational ciasts noted, gravel size fragments.

31 .80 CONG conglomerate

Conglomerate, so called "upper" unit. Poorty sorted to very poor sorted clast framework conglomerate with large gravel to small cobble sized. Clasts are well rounded to sub-angular. Clasts consist of polymictic with mafic volcanics, mudstone, quartz pebbles, prodominet. Pyrite and lesser pyrrhotite noted typically occuring as partiat or complete rims around ciasts, although some ragged sulphides up to 3 em long noted in matrix as disseminated. Chalopyrite associated with larger ragged sulphides. Smaller clasts noted after interveninq minor siltstone unit. Seive textures noted in lower segment.

37.85 QTE quartzite DarK grey, moderately sorted siltstone with fine to coarse sand with occalional gravel size fragments, sub-

31-Aug-09 2:44:41 PM


Project Number:

Ni (%)

Cu (%)


Page 1 of 3

Hole Number PD4.I-09

From (m)

To

(m)

LITHOLOGY REPORT

- Detailed -


Lithology

rounded. Upper and lower contacts normal to core axis. Sporadic disseminated pyrite framboids, 2 degrees and 3 degrees pyrite laminae occurs intermittenlly with no apparent regularity, a;though a concentration of th in to lhick pyrile laminae noted approaching the lower conlact over 15 cm. Notably poorer sorting than the upper major siltstone unil.

Sample #

37.85 50.29 GONG conglomerate

50.29 54.00

31-Aug-09 2:44 :41 PM

Conglomerate , "lower" polymictic, very poorly sorted, several orders of beds as conglomerate. Mud or sand oouplels, with thick conglomerate to silt to sand inlembeds. Lower contact at 45 degrees to core axis . Unils from 37.85-39.92m; poorty sorted, angular polymictic, contact framework conglomerate, very poor sorted, rare pyrite rims, <1 % overall with a duting of pyrite locally. 39.92-40.80m 10 cm mud overtaying very poorty sorted contact framewor1<. conglomerate, angular large gravel, small cobble, mafic fragments, cherty fragments and quartz often with high aspect ratios (i.e. elongated)very coarse grained matrix with trace Pyrmotite and pyrite. 40.80-42 .SSm Polymictic conglomerate changing down hate to very coarse grained sand to fine silt and mUd. Minor pyrite -1 % to trace . Visible Gold 10mm x 2-3 mm, along contact with cobble clast. Several graded sand units averaging 10-15 cmnoted below, coarse grained gravel conglomerate from ooarse sand a very coarse sand. (top up hole) VG @ 41.43m, graded crossbeds noted, downhole approaching fines. Abundunce of blue quartz throught the section. 45.46 - 50.29m conglomerate, polymictic, "mineralized", 15-20% matrix associated pyrite, prodominally as grainy framboidal anhedral. Very angular metasediments and volcaninc ciasts, gravel size, with gravel to cobble size quartz pebbles. Poorly sorted siltstone interbeds, lactering pyrite. Alteration rims with bleaching noted on greenstone clasts. >pyrite content up hole.

MTSD metase<iiment

Archean metasediments, mixed sandstone and siltstone metasediments.

From To Length

Project Number:

Ni

(%)

Cu (%)


Page 2 013

Hole Number PD~9'()9

From

1m)

54.00

To

1m)

54 .01 EOH

31-Aug-09 2:44:41 PM

Lithology

End of Hole

LITHOLOGY REPORT

- Detailed -



Project Number:

Ni (%)

Cu (%)


Page 3 of 3

Hole Number PD~9-1 0

Drilling

Azimuth:

Dip: 90

Length: 54.01

Started: 08-Aug-09


Logged: 11-Aug-09

Comment: 500N,450E

Deviation Tgsts


0.00 0.00 90.00 C

5400 169.90 -89.80 F

31-Aug-09 12:38:51 PM

Casing

Length:

Pulled:

Capped:

Cemented:

yes

no

Good Comments

~ ~

o

DRILL HOLE REPORT

Proiect: PARDO REEF PROJECT

Core Location

Dimension: NQ Township: CLEMENT

Storage: Mine Sile Claim No.:

Section: NTS:

Hole Type DO Hole: SURFACE

Coordinate - Gemcom Coordinate - UTM

East: 0 East: 556675

North: North: 5183233

Elev.: 0 Elev.: 300

Zone: 17 N/l.O: NAD83

Project Number:

Other

Logged by:

Relog by:

Contractor:

Spotted by:

Surveyed:

Surveyed by:

Geophysics:


Left in hole:

Making water:

Danniel Ooslerman

Foraco Drilling

Harold Wells

Multi shot survey:

Page 1 of 1

LITHOLOGY REPORT

- Detailed -

Hole Number PD~9-10 Project: PARDO REEF PROJECT

From (m)

0.00

5.62

7.61

13.43

To

(m) Lithology

5.82 OIB Overburden

7.61

Glacial Till , cobble and boulders

CONG conglomerate

polymictic, matrix supported, sub-rounded to rounded clasts, local contact framework, gravel to small cobble clasts, quartz, gran~aid, volcanic and merasediment clasts prodaminet. Matrix is silly sand. Contacts are nonnal to core axis.

13.43 QTE quartzite

Grey moderately sorted medium sand, 3-4% pyrrhotite and pyrite, sedimentary features not salient with exception of gravel pebbles near lower contact, and some local fining. Contacts nanmal to core axis.


"Upper" gravel to cobble clasts, framework dominant, subround to well rounded clasts, prdominantly volcanic and metasediments with quartz pebbles, poorly sorted, local concretion of sulphide as ragged pyrite and pyrrhotite, u pta 2%, overall trace to nil. Contacts nanmal to core axis.

31-Aug-09 2:43:38 PM


Project Number:

Ni (%)

Cu (%)


Page 1 of 3


From

1m)

To

1m) Lithology

Project:

LITHOLOGY REPORT

- Detailed -

PARDO REEF PROJECT

Sample #

24.23 34 .70 OTE quartzite

34.70 47.24

Dark grey moderately sorted medium and coarse grained sand, abundance of pyritic thin to thick laminae as bounding and cross beds. Overall 5-7% pyrite content, muddy bed @ -25.7m, 20 m thick. Broken core from 31.5, associated with late fractures, jigsaw pattem where coherent.

CONG conglomerale

Extremely poorly sorted, polymictic, angular to rounded fragments, gravel to small boulders in range , prodominately metasedimenls and volcanic clasts with lesse quartz. Increasing pyrite content downhole from sporatic to 3-5% from 43.03. with local sections increasing to 10% @Ict. Prodominat clast supported with matrix dominant sections. Contacts are normal to Core axis.


Archean metasediments, sand (0 sill sandstone.

31-Aug·09 2:43:38 PM

From To Length

Project Number:

NI (%)

Cu (%)


Page 2 of 3


From

1m)

54 .00

To

1m)

54.01 EOH

31-Aug-09 2:43:38 PM

Lithology

End of Hol9

LITHOLOGY REPORT

- Detailed -


Sample #

Project Number:

Ni Cu Co NiEq Au From To Length (%) (%) (%) (ppm)

Page 3 of 3

Hole Number PD~9-11

Drilling

Azimuth: 0

Dip: 90

Length : 51.01

Started: 10-Aug-09


Logged: 12-Aug-09

Comment: 400N,500E

DeviaUon Tests


0.00 0.00 90.00 C

51.00 279.00 -88.30 F

31-Aug-0912:39:11 PM

Casing

Length:

Pulled:

Capped:

Cemented:

yes

no

Good Comments

~ ~

o

DRILL HOLE REPORT


Core

Dimension: NQ

Storage: Mine Site

Section:

Hole Type DO

Coordinate - Gemcom

East:

North:

Elev.:

Location

Township: CLEMENT

Claim No.:

NTS:

Hole: SURFACE

Coordinate - UTM

o East:

o North:

a Elev.:

Zone: 17

556726

5183120

302

NAD: NA083

Project Number:

Other

logged by:

Relog by:

Contractor:

Spotted by:

Surveyed:

Surveyed by:

Geophysics:


left in hole:

Making water:

Harold Wells

Foraco Drilling

Harold Wells

Multi shot survey:

Page 1 of 1

LITHOLOGY REPORT

• Detailed·

Hole Number PD~9-11 Project: PARDO REEF PROJECT

From (m)

0.00

3.00

8.83

21.00

To

(m) Lithology

3.00 OIB Overburden

Glacial till, sandstone and siltstone cobble and boulders.

8.83 QTE quartzite

Sandstone, medium to dark grey in colour, medium grained, massive with minor incorporated clasts, 1-10 mm In size. Clasts are comprised of quartz, metasediments, metavolcanics with sub-rounded to rounded sides. There are a series of quartz-carbonate healed fractures, 40 degrees to core axis. 1-2% pyrite beds at 80-90 degrees to core axis. Trace dissemiated pyrite. 1 em thick quartz veins noted.


Polym;ctic clast supported conglomerate, "uppe(' unit. Poorly sorted to very poorly sorted clasts. Clasts are 1-15 em in diameter with most in the 1-5 em range. The clasts are comprised of Metasediments (sand to silt stone), metavolcanics and minor quartz. Atteration rims on metavolcanic clasts noted, 2-3mm halos. Partial and complete pyrite rims, <1%. Trace disseminated pyrite, local blebby pyrite, Smm in diameter. The upper and lower contacts are normal to cone axis.

30.89 QTE quartzite

Dark grey, medium grained sandstone with occational interbedded conglomerate. Trace disseminated pyrite, pyrite beets. Conglomerate beds have gravel sized clasts, sub-rounded to rounded. Lower end of

31 -Aug-09 2:43:17 PM


Project Number:

Hi (%)

Cu (%)

Co HIEq Au (%) (ppm)

Page 1 of 3

LITHOLOGY REPORT

. Detailed·

Hole Number PD'()9-11

From

(m)

To

(m)


Lithology

unit poorer sorted with increase of small clasts. Colloform pyrite on fracture surfaces. Interbedded siltstone just before the contact. There are late fractures healed by quartz-carbonate. There is also broken core

30,89 42.46 CONG conglomerate

"lower" unit clast supported polymictic conglomerate, extremely poo~y to very poorly sorted clasts. Clasts are up to 20 cm in diameter, rounded to sub-rounded, with minor angular clasts noted. Clasts are Metasediments, metavolcanics, quartz pebbles and blue quartz, The matrix is medium to coarse sand, The Blue Quartz is prodominately in the coarse grained sandstone unit, 35,S-37m, The upper contact is normal to core axis, The lower contact is at 45 degrees to core axis, The tower end of the unit fines upward, Pyr1te replacement 01 matrix, up to 15%, 30% dentrital, colloform, pyrite, Partial and complete pyrite rims and pyrite framboids 1-2 em in diameter noted . 1-2% disseminated pyrite .

42.46 46,88 QTE quartzite

Sand to siltstone, blue grey, Nil to trace pyrite, Quartz intruSions, 45 degrees to core axis, The upper contact is 45 degrees to core axis, the lower contact is 30 degrees to core axis,

46,88 51,00 MTSD metasediment

31-Aug-09 2:43:17 PM

Archean metasediments, sand to silt stone with 1-2% disseminated pyrite, The contact is at 30 degrees to core axis.


Project Number:

Hi (%)

Cu (%)

Co HIEq Au (%) (ppm)

Page 2 of 3

Hole Number PD~9-11

From

1m)

51.00

To

1m)

51.01 EOH

31-Aug-09 2:43:18 PM

Lithology

End of Hole

LITHOLOGY REPORT

- Detailed -



Project Number:

Hi (%)

Cu Co HiEq Au (%) (%) (ppm)

Page 3 of 3


Drilling

Azimuth: 0

Dip: 90

Length: 50.01

Started: ll-Aug-09


Logged: 16-Aug-09

Comment: 456N, 483E

Deviation Tests


0.00 0.00 90.00 C

50.00 36.30 -89.10 F

31-Aug-09 12:39:31 PM

Casing

Length:

Pulled:

Capped:

Cemented :

yes

no

Good Comments

M ~

o

DRILL HOLE REPORT

Project: PA!mO REEF PROJECT

Core

Dimension: NQ

Storage: Mine Site

Section :

Hole Type DO

Coordinate - Gemcom

East:

North:

Elev.:

Location

Township: CLEMENT

Claim No.:

NTS:

Hole: SURFACE

Coordinate - UTM

o East:

o North:

o Elev.:

Zone: 17

556688

5183173

305

NAD: NAD83

Project Number:

Other

Logged by:

Relog by:

Contract.,..:

Spotted by:

Surveyed:

Surveyed by:

Geophysics:


Left in hole:

Making water:

Harold Wells

Foraco Drilling

Harold Wells

Multi shot survey:

Page 1 of 1

LITHOLOGY REPORT

. Detailed·


From

(m)

To

(m)


Lithology

0.00 4.33 OIB Overburden

4.33 11.91

Mixed glacial titt , metasediments, granites and gneiss cobbte.

MTSD metasediment

81uy grey medium grained sandstone. Massive sorted unit with no bedding features noted. Minor pyrite beds 80-90 degrees to core axis, <1 %. 1% disseminated pyrite . Predominate fractures are at 20 degrees to core axis, carbonate healed minor chlorite and pyrite frambois on surfaces. Lower contact is normal to core axis.


Polymictic "upper' unit conglomerate, poorly sorted, ctast supported with interbedded sandstone. Clasts are 0.5-1 Oem in diameter. Clasts are comprised of metasediments, meta volcanics, and quartz pebbtes. Clasts are rounded to sub rounded. The matrix is medium to coarse grained sand, medium to dark grey in colour. There is minor complete and partial pyrite rimming of clasts, 30% of pyrite is detrital. Minor pyrrhotite <1%. Locat alterationrims around metavolcanic ctasts, up to 2-3mm. The upper and lower contacts are normal 10 core axis.

25.80 32 .89 MTSD metasediment

Dark Grey sandstone. Fairly massive with no signs of bedding noted. Unit frnes uphole. Minor

31-Aug-09 2:43:03 PM


Project Number:

NI (%)

Cu (%)


Page 1 of 3

Hole Number PO.o9-12

From

1m}

To 1m)

LITHOLOGY REPORT

- Detailed-

Project: PARDO ReEF PROJECT

Lithology

disseminated pyrite in the unit, <1 %,30% of which is Detrital. Broken core for most of unit, 2 sets, 30 degrees and parallel to core axis. 81ebby pyrite along fractures noted, chlorite on fractures. Upper and lower contacts are nonnal to core axis.

Sample #


Polymiclic, -lower" conglomerale unil. Clasts are rouned 10 sub-rouned with minor sub-angular clasts. The clasts are comprised of meta-sediments, meta-volcanics, quartz pebbles and minor localized small blue quartz. Clasls range in size from 0.5-10 em. The unil is poorly 10 very poorly sorted with interbedded sand to siltstone units and coarse grained blue quartz rich sandstone, from 38.5-39.1 m. Matrix is medium to coarse grained. Minor 10 no alteration rims noled on c1asls. Pyrile replacemenl of matrix up to 15%. Partial and complete pyrite rimming of clasts, -20% detrital pyrite . Minor pyrrhotite noted <1 %. Local bleb by and frambois pyrile, <1%, <lcm. Pyrile and chlorite on fracture surfaces. Sulphides increase with deplh. Broken core from 34-36m at 15 and 70 degrees to core axis. The upper contact is nonmal to core axis, the lower contact is 70 degrees to core axis.

45.20 46.17 MTSO metasediment

31-Aug-09 2:43:03 PM

Sandstone, medium 10 fine grained , finely disseminated pyrite, <1 %. Upper contact 70 degrees to core axis, lower contact is 30 degrees to core axis.

From To Length

Project Number:

Ni (%)

Cu (%)


Page 2 of 3

Hole Number P0-49·12

From

(m)

46.17

To

(m)

50 .00 MTSO metasediment

Project:

Lithology

LITHOLOGY REPORT

- Detailed -

PARDO REEF PROJECT

Sample #

Archean basemenl rocks, mela-sediments wilh quartz remells . Minor delrital pyrite banding <1%. High angle to core axis alieralion indicalors noled. The upper contact is 30 degrees 10 core axis.

50.00 50.01 EOH End of Hole

31-Aug-09 2:43 :03 PM

From To Length

Projecl Number:

Ni (%)

Cu (%)


Page 3 013

Hole Number PD..o9-13

Drilling

Azimuth: 0

Dip: 90

Length: 21.01

Started: 13-Aug-09


Logged: 16-Aug-09

Comment: 1000N,900E

Deviation Tests


0.00 0.00 90.00 C

21.00 293.10 -89.70 F

31-Aug-09 12:39:52 PM

Casing

Length:

Pulled:

Capped:

Cemented:

yes

no

Good Comments

~ ~

o

DRILL HOLE REPORT

Project: PAlmo REEF PROJECT

Core

Dimension: NQ

Storage: Mine Site

Section:

Hole Type DO

Coordinate· Gemcom

East:

North:

Elev.:

Location

Township:

Claim No.:

NTS:

Hole:

CLEMENT

SURFACE

Coordinate - UTM

o East:

o North:

o Elev.:

Zone: 17

o o o

NAO: NAD83

Project Number:

Other

Logged by:

Relog by:

Contractor:

Spotted by:

Surveyed:

Surveyed by:

Geophysics:

Geophysic Contrac1or:

Left In hole:

Making water:

Harold Wells

Foraco Drilling

Danniel Oosterman

Multi shot survey:

Page 1 of 1

LITHOLOGY REPORT

• Detailed·

Hole Number PD~-13 Project: PARDO REEF PROJECT

From (m)

0.00

2.47

3.00

21.00

To

(m) Lithology

2.47 OIB Overburden

Mixed glacial till . meta-sediments cobble.

3.00 OTE quartzite

Medium to fine grained dark grey sands lone. Minor bleb by and disseminated pyrite 2-3%. Lower contact is at 45 degrees to core axis.


21 .01

Archean basement meta-sediments . Mostly medium grained sand with minor finer beds. Quartz remelts and intrusions. irregularly shaped, primarly al 40 degrees to COre axis. Minor blebby, disseminated and banded pyrite, <1%. 10% detrital, more dominate from 10-14m depth. Rehealed chlorite and epidote fractures. 5 degrees to core axis. Minor pyrite on fraclure surfaces, weak to intermediale alteration, with biotite alteration approaching EOH.

EOH End of Hole

31-Aug-09 2:42:48 PM


Project Number:

Ni (%)

Cu (%)


Page 1 012

Hole Number PD~9-13

From (m)

To (m)

31-Aug-09 2:42:48 PM

Lithology

LITHOLOGY REPORT

. Detailed·



Project Number:

NI (%)

Cu (%)


Page 2 of 2

Hole Number PD~9·14

Drilling

Azimuth: 0

Dip: 90

Length : 21.01

Started: 13-Aug-09

Completed : 14-Aug-09

Logged : 16-Aug-09

Comment: 900N, SOOE

Deviation Tests


0.00 0.00 90.00 C 21.00 197.70 -87.S0 F

31-Aug-09 12:40:14 PM

Casing

Length:

Pulled:

Capped:

Cemented :

yes

no

Good Comments

~ ~

o

DRILL HOLE REPORT


Core

Dimension : NQ

Storage: Mine Site

Section :

Hol& Type DO

Coordinate· Gemcom

East: 0

North: 0

Elev.: 0

Location

Township:

Claim No.:

NTS:

Hole:

CLEMENT

SURFACE

Coordinate - UTM

East: 0

North : 0

Elev. : 0

Zone: 17 NAD: NAD83

Project Number:

Other

Logged by:

Relog by:

Contractor:

Spotted by:

Surveyed:

Surveyed by:

Geophysics:


Left in hole:

Making water:

Harold Wells

Foraco Drilling

Danniel Oosterman

Multi shot survey:

Page 1 of 1

LITHOLOGY REPORT

- Detailed-


From

(m)

To

(m)


Lithology


2.00

12.80

21.00

Mixed glaciallill, meta-sediment cobble.

12.80 QTE quartzite

Meta-sediments, sand (medium to fine) to siit (sill to mud) stone. Interbedded sediments , fining upwards to the middle of the unit. Trace to nil disseminated pyrite, <1% pyrite frambois on fracture suliaces with chlorite. The lower conlact is 80 degrees to core axis.


21.01

Archean, meta-sediment basement rocks. Medium to fine grained sandstone. 1 % to trace disseminaled pyrite. Quartz remeltslintrustions, irregutar shaped. Frombois Pyrite along fracture ptanes. Weak to intermediate alteration, chlorite and epidote noted .

EOH End of Hole

31-Aug-09 2:42:23 PM


Project Number:

NI

('/oj

Cu ('/oj

Co NiEq Au (%J (ppmJ

Page 1 of2


From

(m) To

(m)

31-Aug-09 2:42:23 PM

Lithology

LITHOLOGY REPORT

- Detailed -



Project Number:

NI (%)

Cu (%)


Page 2 of 2

Hole Number PD~9-15

Drilling

Azimuth: 0

Dip: 90

Length: 18.01

Started: 17-Aug-09


Logged: 20-Aug-09

Comment: 8ooS.825E

Deviation Tests


0.00 0.00 90.00

31-Aug-09 12:40:44 PM

Type

C

Casing

Length:

Pulled:

Capped:

Cemented:

yes

no

Good Comments

~

DRILL HOLE REPORT


Core

Dimension: NQ

Storage: Mine Site

Section:

Hole Type DD

Coordinate - Gemcom

East:

North:

Elev.:

0

0

0

Location

Township:

Claim No.:

NTS:

Hole:

PARDO

SURFACE

Coordinate - UTM

East: 557016

North: 51 81878

Elev.: 0

Zone: 17 NAD: NAD83

Project Number:

Other

Logged by:

Relog by:

Contractor:

Spotted by:

Surveyed:

Surveyed by:

Geophysics:


Left in hole:

Making water:

Harold Wells

Foraco Drilling

Harold Wells

Multi shot survey:

Page 1 of 1

LITHOLOGY REPORT

- Detailed -


From (m)

To

(m)


Lithology

0,00 5.30 OIB Overburden

Mixed glacial till, cobbles to boulders, metasediments, metavolcanics and conglomerate,

5,30 6.26 CONG conglomerate

Polymictic, clast supported conglomerate, Clasts are Q,S-Scm in scale with rounded to sub-rounded, minor sUb-angular sides, The clasts are comprised of quartz pebbles, meta-sediments, meta-volcanincs and minor small blue quartz pebbles, and dark mafic to ultramafic clasts, There are partial and complete pyrite rims of ctasts, There is also pyrite matrix replacement, blebs and banding, at 75degrees to core axis, There is a total of 5% pyrite, with 10% being detrital, The matrix is medium to fine grained sand. The unit courses uphole. There are interbedded sand ans siltstone. The contacts are gradationat into the sandstone but sharp into the siltstone minor unit. The lower contacl is at 60 degrees to core axis,

6,26 18.00 MTSD metasediment

18,00 1801

31-Aug-09 2:42:07 PM

Archean Basement metasediments, Medium to fine sandstone with weak to intermediate alteration. Minor mafic clasts noted between 15.7-16, 1m, Alteration in the form of bands at 30-40 degrees to core axis. Blebby pyrite in the first few meters of the unit, <1%, with minor to nil detrital pyrite, The remander on the unit is void of pyrite. The upper contact is at 60 degrees to core axis,

EOH End of Hole


Project Number:

Ni (%)

Cu (%)


Page 1 of 2

Hole Number P0-69-15

From

(m) To

(m)

31-Aug-09 2:42:07 PM

Lithology

LITHOLOGY REPORT

- Detailed -

Project : PAROO REEF PROJECT

Sample #

Project Number:

Ni Cu Co NiEq Au From To Length (%) (%) (%) (ppm)

Page 2 of 2

Hole Number PD~9-16

Drilling Casing

Azimuth: 0 Length:

Dip: 90 Pulled: no

Length: 174.01 Capped: no

Started: 18-Aug-09 Cemented:


Logged: 23-Aug-09

Comment: 3050S, 675W

Deviation TIIsts

Distance Azimuth Dip Type Good Comments

0.00 0.00 90.00 C ~ 42.00 347.40 -89.30 F ~ 81.00 327.40 -88.90 F ~ 120.00 321.70 -88.60 F ~ 174.00 319.70 -68.20 F ~

31-Aug-09 12:41 :10 PM

DRILL HOLE REPORT


Core

0 Dimension: NQ

Storage: Mine Site

Section:

Hole Type DO

Coordinate - Gemcom

East:

North:

Elev,:

Location

Township: PARDO

Ctaim No.:

NTS:

Hole: SURFACE

Coordinate - UTM

Ea.t:

o North:

o Elev. :

Zone: 17

555435

5179706

o NAD: NAD83

Project Number:

Other

Logged by:

Relog by:

Contractor:

Spotted by:

Surveyed:

Surveyed by:

Geophysics:


Left in hole:

Making water:

Harold Wells

Foraco Drilling

Harold Wells

Multi shot survey:

Page 1 of 1

Hole Number PD~9-16

From (m)

To

(m) Lithology

Project:

LITHOLOGY REPORT

- Detailed -

PARDO REEF PROJECT

Sample #


1.27 50.34

31-Aug-09 2:41 :37 PM

Mixed Glacial till, metasediments, metavolcanics.

QTE quartzite

Massive, medium to coarse grained sandstone. Dark grey inlerbedded units. Minor interbedded quartz pebble conglomerate, rounded to well rounded clasts with medium sandstone matrix and pyrite matrix, at 3.42-3.52m, 5.28-5.38m and 5.98-6.46m. 1% to nil disseminated pyrite with minor pyrile beds notes. lron-carbonate along fractures. Scattered quartz pebbles noted. ChlOrite-epidote alterations zone from 34.75-34.91m chlorite and pyrile frambois on fractures. The unit fines upwards. The lower contact is in an area of broken core.

Alteration MaJ:

34.75 - 34.91

34.75 - 34.91

Minor tnterval:

3.42 3.52

Minor Inlerval:

5.28 5.38

Type/Style/Intensity Comment

EP P WM

CHL P WM

CONG conglomerate

Medium sand mairix, clasts are rounded to sub-rounded, 1-5cm scale, pyrite rimming and matrix.

CON G conglomerate

Medium sand matrix, clasts are rounded to sub-rounded, 1-5cm scale, pyrite rimming and matrix.

H822302

H822303

H822304

H822305

H822306

H822307

H822308

H822309

H822310

From To

3.00 4.50

4.50 6.00

6.00 7.00

7.00 8.00

18.00 19.50

19.50 21.00

31.50 33.00

33.00 34.50

49.50 50.34

Length

1.50

1.50

1.00

1.00

1.50

1.50

1.50

1.50

0.84

Project Number:

Ni (%)

Cu (%)


Page 1 of 7

Hole Number PD-ll9-16

From

1m)

50 .34

To

1m)

58.40

LITHOLOGY REPORT

- Detailed -

Minor Interval:

5.98 6.46


Lithology

CONG conglomerate

Medium sand matrix, clasts are rounded to sub-rounded, 1-5cm scale, pyrite rimming and matrix.

CONG conglomerate

Upper unit, Gowganda formation, "poorly mineralized" polymictic quarlz pebble conglomerate. Clasts are rounded to sub-rounded with minor sub-angluar clasts noted. Unit changes from matrix supported to clasl supported as moving up sequence. Clasts are granitic, metasediments, metavolcanics, black chert, and quarlz pebbles. There are minor alleration rims around clasts. <1% sulphides, minor dissemiated pyrtie noted. Interoedded medium sandstone.

Structure Maj.: Type/Core Angle Comment

50.34 - 50.80 BC 20 Chlorite, caroonate and pyrite on fraclures.

Semple #

H822311

H822312

H822313

H822314

H822315

H822316

H822317

H822318

58.40 64.60 OTE quartzite H822319

H822321

H822322

31-Aug-09 2:41:38 PM

Fairly masive sandstone unit, medium to fine grained sand. Medium grey colour. Mottled texture from 60.20-61,49m, pale green and red olouralion of sandstone. Epidote and hemitite alteration? Upper contact is sharp, normal to core axis. The lower contact is gradational over a few meters, gradually fining with depth from silty sandstoe to finally sandstone.

From

50.34

51.00

52.00

53 .00

54.00

55.00

56.00

57.00

58.40

60.00

61.50

To

51.00

52.00

53.00

54.00

55.00

56.00

57 .00

58.40

60.00

61 .50

63 .00

Length

0.66

1.00

1.00

1.00

1.00

1.00

1.00

1.40

1.60

1.50

1.50

Project Number:

Ni (%)

Cu (%)


Page 2 of 7

Hole Number PD~9-16

From (m)

To

(m) Lithology

Project:

LITHOLOGY REPORT

- Detailed -

PARDO REEF PROJECT

Sample #

64.60 92.63 8L T8TN Siltstone H822323

92.63 108.91

31·Aug·09 2:41 :38 PM

Silt to mud wilh minor sandy regions. Minor <lcm clasls noled. Fractures filled py Pyrite and pymhotite up (0 lcm thick seems. 1·2% total 70% pymhoti(e, 30% pyrile. Other fraclures filled wilh chlorile. 2 sels of fractures 20 degrees and 70 degrees 10 cere axis. SUlphide rich fractures prodominate from 75-90m.

Minor Interval:

74.55 74 .59 aTZ Quartz Vein

Quartz vein, 40 degrees to core axis, 0.5·3 cm thiel<, thinning with depth. Pyrite, pymhotite and chatchopyrite mineralization wit in the quartz seem. 2%Cpy, 2%Pa, 5%Py (10% detrital Py).

CONG conglomerate

Matrix supported polymictic onglomerate with 30% clasts. Clasts are 0.5·10cm in scale, rouned to sub· rounded. Clasts are metasediments and melavalaenies dominated with minor black chert. There is partial and complete pyrite and pyrrhotite rimming of clasts , minor disseminated pyrite noted, <1 % sulphide total. Matrix is sandston, medium to fine grained. From 100.95 to 10.05 there is a mottled texture on a clast or minor subunit. 30% frambois pyrite within this section. Plastic shear deformation in a clast rich zone.

Strocture Maj.:

98.57·99.22

Type/Core Angle

SHR 50

Comment

Plastic, ductile deformation of a clast rich zone. Deformation elongation is 50degrees to Gore axis. Smearing of clasts noted. Nil sulphide noted.

H822324

H822325

H822326

H822327

H822328

H822329

H822330

H822331

H822332

H822333

H822334

H822335

H822336

H822337

H822338

H822339

H822341

H822342

H822343

H822344

H822345

H822346

H822347

H822348

H822349

From To

69.00 70.50

70.50 72.00

72.00 73.50

73.50 75.00

75.00 76.50

76.50 78.00

78.00 79 .50

79.50 81 .00

81 .00 82.50

82 .50 84 .00

84 .00 85.50

85.50 87.00

87.00 88.50

88.50 90.00

90.00 91.50

91.50 92.63

92.63 94.00

94.00 95.00

95.00 96.00

96.00 97.00

97 .00 98.00

98.00 98 .57

98.57 99.22

99.22 100.00

100.00 101.00

101.00 102.00

Length

1.50

1.50

1.50

1.50

1.50

1.50

1.50

1.50

1.50

1.50

1.50

1.50

1.50

1.50

1.50

1.13

1.37

1.00

1.00

1.00

1.00

0.57

0.65

0.78

1.00

1.00

Project Number:

Hi (%)

Cu (%)

Co HiEq Au (%) (ppm)

Page 3 af7

Hole Number PD~9-16

From

(m)

To

(m)

Project:

Lithology

LITHOLOGY REPORT

• Detailed·

PARDO REEF PROJECT

Sample #

H822350

H822351

H822352

H822353

H822354

H822355

H822356

108.91 111.40 QTE quartzite H822357

Sandstone to si lty sandstone unit, fining upwards of the unit. Medium grained, minor alleration noted. Quam-carbonale fracture filled. Frambois pyrile on fraclure surfaces.


31-Aug-09 2:41:38 PM

Coarse grained matrix, polymictic ciast supported conglomerale. Sud-rounded 10 sub-angular clasts with minor rounded claasts noted . Clasts are metasediments, metavolcanics , quam pebbles and blue quartz pebbles. He unil is dominated by gravel sized clasls with very little martix. The unit is silicous. There is minor disseminated pyrite <1 %. Most clasts are <1 cm In diameter with few scattered clasts up to 15cm in diameter. Minor partial and complete pyrite rimming of clasts, 5% detrilal pyrite.

H822358

H822359

H822361

H822362

H822363

H822364

H822365

H822366

H822367

H822368

H822369

H822370

H822371

From To

102.00 103.00

103.00 104.00

104.00 105.00

105.00 106.00

106.00 107.00

107.00 108.00

108.00 108.91

108.91 110.00

110.00 111 .40

111.40 112.00

112.00 113.00

113.00 114.00

114.00 115.00

115.00 116.00

116.00 117.00

117_00 118.00

118.00 119.00

119.00 120.00

120.00 121.00

121.00 122.00

122.00 123.00

Length

1.00

1.00

1.00

1.00

1.00

1.00

0.91

1.09

1.40

0.60

1.00

1.00

1.00

1.00

1.00

1.00

1.00

1.00

1.00

1.00

1.00

Project Number:

Hi (%)

Cu (%)


Page 4 of 7

Hole Number PD'{)9-16

From

(m)

To

(m)

Project:

Lithology

LITHOLOGY REPORT

- Detailed -

PARDO REEF PROJECT

Sample #

H822372

H822373

H822374

H822375

H822376

H822377

H822378

H822379

H822381

H822382

H822383

H822384

H822385

136.01 146.76 SL TSTN Siltstone H822386

31-Aug-09 2:41:38 PM

Sill to sand unit. which fines upward from medium sandstone to silVmud stone. Few minor O.S-lcm ciasts scattered throughout the lower part of the unil. Pyrite frambois and chlorite on the fracture planes.

H822387

H822388

H822389

H822390

H822391

H822392

H822393

H822394

From To

123.00 124.00

124.00 125.00

125.00 126.00

126.00 127.00

127.00 128.00

128.00 129.00

129.00 130.00

130.00 131.00

131.00 132.00

132.00 133.00

133.00 134.00

134.00 135.00

135.00 136.01

136.01 137.00

137.00 138.00

138.00 139.50

139.50 141.00

141.00 142.50

142.50 144.00

144.00 145.00

145.00 146.00

146.00 146.76

Length

1.00

1.00

1.00

1.00

1.00

1.00

1.00

1.00

1.00

1.00

1.00

1.00

1.01

0.99

1.00

1.50

1.50

1.50

1.50

1.00

1.00

0.76

Project Number:

Ni (%)

Cu (%)


Page 5 of 7


From (m)

To

(m) Lithology

Project:

LITHOLOGY REPORT

. Detailed·

PARDO REEF PROJECT

Sample #

146.76 154.59 CONG conglomerate H822395

Clast Supported polymictic conglomerate with metasediment, metavolcanic, quartz pebble, blue quartz pebble and minor black chert clasts. Clasts are sub-angular to rounded. O.5-10cm scale. Interbedded sandslone units with minor <lcm diameler clasts. Medium grained sand matrix. Bedded pyrite, 60 and 80 degrees 10 core axis, partial and complete pyrite and pyrrhotile rimming of clasts. Matrix replacement by pyrite. Pyrite is more dominate in the upper portion of the unit, 10% at max, average of 1-2% over unit, only 10% detrital pyrite. <1% pyrrhotite.

Minor !nterval:

150.23 152.48 QTE quartzjle

Interbedded medium to coarse sandstone unit, minor <1 em clasts. Minor Disseminated pyrife,<1%.


174.00 174.01

31-Aug-09 2:41 :38 PM

Archean metasediments, medium to fine graind sandstone. Bedding and alteration at 40 degrees to core axis. Qtz remelt or intrustions up to 20cm thick. Minor blebby pyrite, <1%, minor coarse grained beds noted.

EOH End of Hole

H822396

H822397

H822398

H822399

H822401

H822402

H822405

H822406

H822407

H822403

H822404

From

146.76

148.00

149.00

150.23

151.40

152.48

153.50

157.50

159.00

160.50

154.59

156.00

To

148.00

149.00

150.23

151.40

152.48

153.50

154.59

159.00

160.50

162.00

156.00

157.50

Length

1.24

1.00

1.23

1.17

1.08

1.02

1.09

1.50

1.50

1.50

1.41

1.50

Projecl Number:

Ni (%)

Cu (%)


Page 6 of7


From (m)

To (m)

31-Aug-09 2:41 :38 PM

Lithology

LITHOLOGY REPORT

- Detailed·



Project Number:

Ni (%)

Cu Co NiEq Au (%) (%) (ppm)

Page 7 017

Hole Number PD-09·17

Drilling

Azimuth: 0

Dip: 90

Length : 3201

Started: 24-Aug-09


Logged: 26-Aug-09

Comment: L3100S, 1640W

Casing

length:

Pulled:

Capped:

Cemented:

yes

no

Deviation Tests

Distance Azimuth Dip Type Good Comments

0.00 0.00 90.00 C I~

31-Aug·0912:4i:31 PM

o

DRill HOLE REPORT


Core Location

Dimension: NQ

Storage: Mine Site

Section:

Hole Type DO

Coordinate · Gemcom

East :

North:

Elev.:

Township: PARDO

Claim No,:

NTS:

Hole: SURFACE

Coordinate - UTM

o East:

a North:

o Elev.:

Zone : 17

554460

5179712

a NAD: NAD83

Project Number:

Other

logged by:

Relog by:

Contractor:

SpoHedby:

Surveyed:

Surveyed by:

Geophysics:


Left in hole:

Harold Wells

Foraco Drilling

Harold Wells

Making wate, '

Multi shot survey:

Page 1 of 1

Hole Number PD~9-17

From

(m)

To

(m) Lithology

Project:

LITHOLOGY REPORT

- Detailed -

PARDO REEF PROJECT

Sample #

0.00 2.26 O/S Overburden

Mixed glacial till wilh metasediments, melavolcanics and conglomerate cobble .

2 .26 7 .85 CONG conglomerate

Well mineralized "lowe" unit, polymictic, poorly sorted, clast supported conglomerale . Clasts are rounded to sub-angular, 0 .5-10 cm in diameter. Clasts are metasediments, metavolcanics, quartz pebbles ans minor coarse sand blue quartz noted. Minor Alteration rims noted on metavolcanic clasts. Matrix is medium to coarse grained sand. Pyrite replacement of malrix, minor pyrtie bed noted. Sulphide content is higher in mid-unit Pentlandije partial and complete rims of clasts. Disseminated and blebby Pentlandite noted, lola! Penllandite 2%. Minor Pyrrhotite and chacopyrite noted . Pyrite filling of fracture in clasts . Total pyrite, 3-5%, 30% detrital. Pyrite and chlorite on fracture surfaces . The lower contact is SO degrees to core axis.


31-Aug-09 2:41 :12 PM

Archean metasediments, medium to fine sandstone, alteration and bedding 40-50 degrees to core axis. Quartz remeltsflntrustions up to 30cm across. Micatious (muscovite) rich zone noted 20-21m. Minor to nil disseminated pyrite. Minor pyrite on fracture surfaces within quartz veins. Veins are 10 and BO degrees tocore axis. Chlorite and pyrite frambois on fracture planes .

H822409

H82241 0

H822411

HB22412

H822413

H822414

H822415

HS22416

HS22422

From

2.26

3.00

4.00

5.00

6.00

7.00

7.85

900

10.50

To

3.00

4.00

5 .00

6.00

7.00

7.S5

9.00

10.50

12.00

Length

0.74

1.00

1.00

1.00

1.00

0.85

1.15

1.50

1.50

Projeci Number:

Ni (%)

Cu (%)


Page 1 of 2

Hole Number PD~9·17

From (m)

32.00

To

(m)

32.01 EOH

31-Aug-09 2:41 :14 PM

Lithology

End of Hole

LITHOLOGY REPORT

- Detailed -



Project Number:

Ni (%)

Cu (%)


Page 20f2

DIAMOND DRILLING RPT PARDO CLEMENT TWPS … · Assessment Report Results of the 2008 Diamond...

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Transcript of DIAMOND DRILLING RPT PARDO CLEMENT TWPS … · Assessment Report Results of the 2008 Diamond...