Final - miningdataonline.com · Figure 14.2 Rotation definition in Datamine Studio 3 format..... 73 Figure 14.3 Density sample distribution in plan view ..... 73 Figure 14.4 Borden

Final

Probe Mines Limited: Mineral Resource Estimate Update Borden Gold Project

Project No. V1393

NI43-101 Technical Report June 10 2014

Qualified Persons:

Name: Walter Dzick P. Geo

B.Sc. (Geology) MBA AIPG MAusIMM

Principal Consultant, Snowden Mining Industry Consultants

Office Locations

Perth Level 3, 181 Adelaide Terrace, East Perth WA 6004 AUSTRALIA

Tel: +61 8 9213 9213 Fax: +61 8 9322 2576 ABN: 99 085 319 562 [email protected]

Brisbane 2 Burke Street, Woolloongabba QLD 4102 AUSTRALIA

PO Box 2207, Brisbane QLD 4001 AUSTRALIA

Tel: +61 7 3249 0800 Fax: +61 7 3868 6515 ABN: 99 085 319 562 [email protected]

Johannesburg Technology House ,Greenacres Office Park, Cnr. Victory and Rustenburg Roads, Victory Park JOHANNESBURG 2195 SOUTH AFRICA

PO Box 2613, Parklands 2121 SOUTH AFRICA

Tel: + 27 11 782 2379 Fax: + 27 11 782 2396 Reg No. 1998/023556/07 [email protected]

Vancouver Suite 550, 1090 West Pender St, VANCOUVER BC V6E 2N7 CANADA

Tel: +1 604 683 7645 Fax: +1 604 683 7929 Reg No. 557150 [email protected]

Calgary Suite 850, 550 11th Avenue SW CALGARY, ALBERTA T2R 1M7

Tel +1 403 452 5559 Fax +1 403 452 5988 [email protected]

Belo Horizonte Afonso Pena 2770, CJ 201 A 205 Funcionários, 30.130-007, BELO HORIZONTE MG BRASIL

Tel: +55 (31) 3222-6286 Fax: +55 (31) 3222-6286 [email protected]

London 1 Kingdom Street Paddington Central LONDON W2 6BD UK Tel: +44 (20) 3402 3022 [email protected]

Website www.snowdengroup.com

IMPORTANT NOTICE

This report was prepared as a National Instrument 43-101 Technical

Report, in accordance with Form 43-101F1, for Probe Mines Limited:

Mineral Resource Estimate Update Borden Gold Project by Snowden.

The quality of information, conclusions, and estimates contained herein

is consistent with the level of effort involved in Snowden’s services,

based on: i) information available at the time of preparation, ii) data

supplied by outside sources, and iii) the assumptions, conditions, and

qualifications set forth in this report. This report is intended to be used

Probe Mines Limited: Mineral Resource Estimate Update Borden Gold

Project, subject to the terms and conditions of its contract with Snowden.

That contract permits Probe Mines Limited: Mineral Resource Estimate

Update Borden Gold Project to file this report as a Technical Report with

Canadian Securities Regulatory Authorities pursuant to provincial

securities legislation. Except for the purposes legislated under provincial

securities law, any other use of this report by any third party is at that

party’s sole risk.

Probe Mines Limited: Mineral Resource Estimate Update Borden Gold Project: NI43-101 Technical Report

.Final June 10 2014 3 of 179

1 Summary ............................................................................................................................. 9

1.1 Property Description and Ownership ........................................................................ 9

1.2 Summary of geology and mineralisation ................................................................... 9

1.2.1 Geology .................................................................................................... 9

1.2.2 Mineralization ......................................................................................... 10

1.3 Summary of exploration concept ............................................................................ 11

1.4 Mineral Resource Estimate .................................................................................... 11

1.5 Conclusions and recommendations ........................................................................ 13

2 Introduction ........................................................................................................................ 15

2.1 General .................................................................................................................. 15

2.1.1 Terms of Reference ................................................................................ 15

2.1.2 Sources of Information ........................................................................... 16

2.1.3 Site Visit ................................................................................................. 16

2.1.4 Units of Measure and Currency .............................................................. 16

3 Reliance on other experts .................................................................................................. 18

4 Property description and location ....................................................................................... 19

4.1 Location and general description ............................................................................ 19

4.2 Land tenure ............................................................................................................ 20

4.3 Environmental and permitting ................................................................................. 25

5 Accessibility, climate, local resources, infrastructure and physiography ............................. 26

5.1 Topography, elevation and vegetation .................................................................... 26

5.2 Accessibility and infrastructure ............................................................................... 26

5.3 Climate and length of operating season ................................................................. 27

5.4 Surface rights and local resources ......................................................................... 27

6 History ............................................................................................................................... 28

6.1 Overview ................................................................................................................ 28

6.2 General history ....................................................................................................... 28

6.3 Historic production ................................................................................................. 29

7 Geological setting and mineralisation ................................................................................ 30

7.1 Regional geology ................................................................................................... 30

7.1.1 Abitibi Sub-province ............................................................................... 32

7.1.2 Wawa Sub-province ............................................................................... 34

7.1.3 Kapuskasing Structural Zone (KSZ) ....................................................... 36

7.2 Local and property geology .................................................................................... 39

7.3 Mineralization ......................................................................................................... 43

8 Deposit types ..................................................................................................................... 46


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8.1 Deposit classes ...................................................................................................... 46

8.2 Genetic model ........................................................................................................ 46

9 Exploration ........................................................................................................................ 48

9.1 Exploration history .................................................................................................. 48

9.2 Current exploration ................................................................................................. 48

10 Drilling ............................................................................................................................... 49

10.1 Overview ................................................................................................................ 49

10.1.1 Introductory Note .................................................................................... 49

10.1.2 Drilling/Logging/Sampling Protocols ....................................................... 49

10.2 First phase drilling .................................................................................................. 49

10.3 Second phase drilling ............................................................................................. 50

10.4 Third phase drilling ................................................................................................. 51

10.5 Fourth phase drilling ............................................................................................... 52

10.6 Fifth phase drilling .................................................................................................. 52

10.6.1 High grade zone (HGZ) .......................................................................... 52

10.6.2 General infill drilling ................................................................................ 53

10.7 Current drilling ........................................................................................................ 53

11 Sample preparation, analyses, and security ...................................................................... 55

11.1 Sample preparation ................................................................................................ 55

11.1.1 Sample preparation and assay methodology .......................................... 55

11.2 Review of the QAQC data ...................................................................................... 56

11.2.1 Field Duplicates ...................................................................................... 56

11.2.2 Certified reference materials (CRM’s) ..................................................... 58

11.2.3 Blanks .................................................................................................... 59

11.2.4 Check Assays ........................................................................................ 59

11.3 Author's opinion on the adequacy of sample preparation, security, and analytical procedures ............................................................................................. 60

12 Data verification ................................................................................................................. 61

12.1.1 Site Visit ................................................................................................. 61

12.2 Qualified person’s opinion on the adequacy of the data for the purposes used in the technical report ............................................................................................. 61

13 Mineral processing and metallurgical testing ..................................................................... 62

13.1 Initial Scoping Metallurgical Program (2011) .......................................................... 62

13.2 Continuation of Scoping Metallurgical Program (2012) ........................................... 62

13.3 2013 Metallurgical Program.................................................................................... 64

13.3.1 Sample Selection ................................................................................... 64

13.3.2 Underground samples ............................................................................ 65

13.3.3 Metallurgical Results .............................................................................. 65


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13.4 Conclusions ........................................................................................................... 67

14 Mineral Resource estimates .............................................................................................. 68

14.1 Summary ................................................................................................................ 68

14.2 Disclosure .............................................................................................................. 69

14.2.1 Known issues that materially affect mineral resources ........................... 70

14.3 Assumptions, methods and parameters – Snowden resource estimates ................ 70

14.3.1 Database and data validation ................................................................. 70

14.3.2 Geological interpretation and modelling .................................................. 74

14.3.3 Flagging Compositing of assay intervals ................................................ 75

14.3.4 Exploratory data analysis and extreme values treatment ........................ 77

14.3.5 Variogram analysis ................................................................................. 80

14.3.6 Block model set up ................................................................................. 81

14.3.7 Grade interpolation and boundary conditions ......................................... 81

14.3.8 Density ................................................................................................... 82

14.3.9 Model validation ..................................................................................... 82

14.3.10 Mineral Resource classification .............................................................. 86

14.3.11 Mineral Resource reporting .................................................................... 88

15 Mineral Reserve estimates ................................................................................................ 94

16 Mining methods ................................................................................................................. 95

17 Recovery methods ............................................................................................................. 96

18 Project infrastructure ......................................................................................................... 97

19 Market studies and contracts ............................................................................................. 98

20 Environmental studies, permitting, and social or community impact .................................. 99

21 Capital and operating costs ............................................................................................. 100

22 Economic analysis ........................................................................................................... 101

23 Adjacent properties .......................................................................................................... 102

24 Other relevant data and information................................................................................. 104

25 Interpretation and conclusions ......................................................................................... 105

26 Recommendations ........................................................................................................... 106

27 References ...................................................................................................................... 107

28 Dates and signatures ....................................................................................................... 109


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29 Certificates ...................................................................................................................... 110

Tables

Table 1.1 Indicated Mineral Resource Estimate sensitivity with potential for Underground extraction (1, 2, 3, 4, 6) ............................................................ 12

Table 1.2 Inferred Mineral Resource Estimate sensitivity with potential for Underground extraction (1, 2, 3, 4, 6) ............................................................ 12

Table 1.3 Indicated Mineral Resource Estimate sensitivity with potential for open pit extraction (1, 2, 4, 5, 7) .................................................................... 12

Table 1.4 Inferred Mineral Resource Estimate sensitivity with potential for open pit extraction (1, 2, 4, 5, 7) ............................................................................. 12

Table 2.1 Responsibilities of each co-author .......................................................... 15

Table 4.1 Details of Land Tenure A ........................................................................ 22

Table 4.2 Details of Land Tenure B ........................................................................ 23

Table 4.3 Details of Land Tenure C ........................................................................ 24

Table 4.4 Details of Land Tenure D ........................................................................ 25

Table 13.1 Metallurgical Drillholes (2013 - 2014) ..................................................... 64

Table 13.2 Open Pit metallurgical composites ......................................................... 65

Table 13.3 Underground Composite Assay .............................................................. 65

Table 14.1 Indicated Mineral Resource Estimate sensitivity with potential for Underground extraction (1, 2, 3, 4, 6) ............................................................ 68

Table 14.2 Inferred Mineral Resource Estimate sensitivity with potential for Underground extraction (1, 2, 3, 4, 6) ............................................................ 68

Table 14.3 Indicated Mineral Resource Estimate sensitivity with potential for open pit extraction (1, 2, 4, 5, 7) .................................................................... 69

Table 14.4 Inferred Mineral Resource Estimate sensitivity with potential for open pit extraction (1, 2, 4, 5, 7) ............................................................................. 69

Table 14.5 Drillhole database description ................................................................ 71

Table 14.6 Domain codes used in Borden Gold ....................................................... 76

Table 14.7 Flagging and compositing statistical validation ....................................... 76

Table 14.8 Summary gold grades (g/t) statistics of composited data for domains .... 79

Table 14.9 Summary of density statistics of composited data for domains ............... 79

Table 14.10 Variogram model for density ................................................................... 80

Table 14.11 Variogram models for gold grades .......................................................... 81

Table 14.12 Block model parameters (in local coordinates) ....................................... 81

Table 14.13 Gold top cut values per domain .............................................................. 82

Table 14.14 Comparison of gold mean grades at composited drillholes with mean grades at block model per domain .......................................................... 83

Table 14.15 Variogram models for gold grades with non standarized sills ................. 84

Table 14.16 Unconstrained (Global) Mineral resources(1) ........................................... 89

Table 14.17 Mineral resources with underground mining economical potential, outside the conceptual pit, split by claim type(1) (3) ................................... 90


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Table 14.18 Mineral resources with open pit mining potential split by claim type(1)

(3) ............................................................................................................ 91

Figures

Figure 4.1 Location of the Borden Gold Project ....................................................... 19

Figure 4.2 Claim Locations for the Borden Gold Property ........................................ 20

Figure 7.1 Simplified Geological Map of the Superior Province of Ontario ............... 31

Figure 7.2 Generalized Geology (a) and Supracrustal Assemblages (b) of the Western Abitibi Sub-province* ................................................................ 33

Figure 7.3 Generalized Geology Map of the Wawa Sub-province* .......................... 35

Figure 7.4 Regional Geology Map of the Kapuskasing Structural Zone Area and Surrounding Superior Province* ............................................................. 38

Figure 7.5 Local Geology Map of the Borden Gold Area* ........................................ 40

Figure 7.6 Stretched-pebble Meta-conglomerate..................................................... 41

Figure 7.7 Layering in Meta-volcanics and Dioritic Gneisses ................................... 42

Figure 7.8 Garnet-rich layer boudinaged within ductily foliated amphibolite ............. 43

Figure 7.9 Photograph of Biotite Felsic Gneiss, typical of the lower grade mineralization ......................................................................................... 44

Figure 7.10 Photograph of Quartz Flooding (a) and Pegmatite with visible gold grain (b), both typical of the High Grade Zone ........................................ 45

Figure 7.11 Typical Cross Section of the Borden Gold Deposit ................................. 45

Figure 10.1 Boyles 35 Diamond Drill Rig in Northwest Section of the Borden Gold Deposit .......................................................................................... 51

Figure 10.2 Map Showing Drill Hole Collars .............................................................. 54

Figure 11.1 Ranked HARD plot Au drillcore field duplicates (Actlabs, thru 16 February 2014) ....................................................................................... 57

Figure 11.2 Ranked HARD plot Au for drillcore field duplicates (Accurassay) ........... 57

Figure 11.3 Ranked HARD plot Au for drillcore field duplicates (Actlabs, 17 February 2014 - 07 May 2014) ............................................................... 58

Figure 13.1 Metallurgical Drillhole Location ............................................................... 63

Figure 13.2 Whole ore leach recovery curve – residues vs. head grade .................... 66

Figure 13.3 Recovery curve ...................................................................................... 67

Figure 14.1 Drillhole location in plan view ................................................................. 72

Figure 14.2 Rotation definition in Datamine Studio 3 format ...................................... 73

Figure 14.3 Density sample distribution in plan view ................................................. 73

Figure 14.4 Borden Gold section showing gold grades and estimation domains ....... 74

Figure 14.5 Dykes’ wireframes models for Borden Gold deposit and drillhole traces ..................................................................................................... 75

Figure 14.6 Example of visual validation of the coding process ................................. 76

Figure 14.7 Comparison of gold grades per domain .................................................. 77

Figure 14.8 Comparison of density values per domain .............................................. 78

Figure 14.9 Comparison of density values distributions ............................................. 78


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Figure 14.10 Global change of support validation for gold grades in the low-grade domain CMPDOM=100, grade cutoff curve ............................................ 84

Figure 14.11 Global change of support validation for gold grades in the low-grade domain CMPDOM=100, cutoff tonnage curve ........................................ 85

Figure 14.12 Global change of support validation for gold grades in the high-grade domain CMPDOM=200, grade cutoff curve ............................................ 85

Figure 14.13 Global change of support validation for gold grades in the high-grade domain CMPDOM=200, cutoff tonnage curve ........................................ 86

Figure 14.14 Example cross section showing classification of resource estimate(1) ..... 87

Figure 14.15 Sectional view showing grade distribution(1)(2). ....................................... 92

Figure 14.16 Different views of the resources reported on Table 14.1, coloured by RESCAT(1) .............................................................................................. 93

Figure 23.1 Ownership of Claims Adjacent to the Borden Gold Property ................. 103

Figure 23.2 Aeromagnetic Map Showing Location of Producers and Developed Prospects Relative to the Property Bounds of the Borden Gold Deposit ................................................................................................. 103

Figure 24.1 Wedge claim area and mineralized blocks ........................................... 104

Appendices

Histograms and log probability plots Appendix A

Variograms Appendix B

Grade trend plots Appendix C

Visual validation in vertical sections Appendix D

Summary of the Mineralized Intervals 2010-2013 Appendix E


.Final June 10 2014 9 of 179

1 Summary

Snowden Mining Industry Consultants Inc (“Snowden”) was requested by Probe Mines Limited (“Probe”) to complete an updated Mineral Resource Estimate for the Borden Gold property located near Chapleau, Ontario and to prepare an independent Technical Report in compliance with National Instrument 43-101 and Form 43-101F1.

The purpose of this Technical Report is to provide an update to the March 2012 Resource Estimate (Micon 2012) and to support the news release of June 10

th 2014 in which an

updated Mineral Resource estimate was reported for the Borden Gold property.

The Borden Gold project is located in northern Ontario, approximately 160 km southwest of the city of Timmins and 9 km east-northeast of the town of Chapleau. The Borden Gold project is evolving towards an advanced exploration project.

The intention of Probe is to continue advancing the Borden Gold project. The next goal for Probe is to complete a Preliminary Economic Assessment (“PEA”).

1.1 Property Description and Ownership

The Borden Gold project is located in northern Ontario, approximately 160 km southwest of the city of Timmins and 9 km east-northeast of the town of Chapleau. The discovery area is located on the eastern shore of Borden Lake which is located in Cochrane Township, in 1:50,000 NTS topographic sheet 41O/14.

The centre of licence number 4227868, where the initial discovery was made for the Borden Gold deposit, is located at roughly 5303800 N and 329500 E in the UTM NAD83 coordinate system (Zone 17).

Probe acquired its initial interest in the Borden Gold project in 2010, when it entered into an option agreement with the vendors of the claims through which it had the right to acquire a 100% interest. Subsequently, Probe has acquired interests in additional land holdings through staking (wholly-owned) and other private land agreements.

The Borden Gold property covers a total area of 9,120 ha (570 claim units) and comprises three categories of landholdings:

Wholly owned claims acquired by staking (3,040 ha).

Optioned claims acquired under an option agreement (5,760 ha).

Private claims acquired through option or purchase agreements (320 ha).

1.2 Summary of geology and mineralisation

1.2.1 Geology

The Borden Gold property claims are located in the Superior Province of Northern Ontario. The Superior Province is divided into numerous sub-provinces, each bounded by linear faults and characterized by differing lithologies, structural/tectonic conditions, ages and metamorphic conditions.


.Final June 10 2014 10 of 179

The deposit occurs within the Kapuskasing Structural Zone (“KSZ”), a discordant feature cross-cutting the Superior Province and characterized by high-grade metamorphic rocks (Card and Ciesieliski, 1986). Regionally, the KSZ represents an elongate north to northeast-trending structure, transecting the Wawa subprovince to the west, and the Abitibi subprovince to the east. It is a structurally discordant zone, bounded by abrupt changes in lithology and metamorphic grade indicative of faults. The KSZ is approximately 500 km long, extending from James Bay at its northeast end to the east shore of Lake Superior at its southwest end. Typically, the KSZ is represented by high metamorphic grade granulite and amphibolite facies paragneiss, tonalitic gneisses and anorthosite-suite gneisses occurring along a moderate northwest dipping crustal scale thrust fault believed to have resulted from an early Proterozoic event. It is proposed that the KSZ is an east-verging thrust fault that has exposed an oblique section through 20 km of uplifted Archean crust. The KSZ is characterized by a high-grade gneiss terrain, grading westward into a central gneiss terrain and then into low-grade terrain of east-west-striking linear belts composed of supracrustal rocks. In addition to the major fault, that forms the east boundary of the KSZ, three major northeast-striking faults dip 60° to 70° northwest and are present within the uplift. These internal faults are west-side-down, with displacements of 7 km to 10 km, and result from a late tensional event that followed the compressional uplift.

The Borden Gold property lies at the intersection of the Wawa sub-province, the Kapuskasing Structural Zone and the Abitibi sub-province, primarily within the southernmost limits of the KSZ. In this area of the KSZ, there is a relatively continuous metamorphic and structural gradient representing a 15-km thick section of accreted crust. This accreted crust consists of a series of metaplutonic and metasupracrustal belts. The largest and most extensive of the metasupracrustal belts is the Borden Lake belt (Burnstall et al., 1994), a 5 km by 25 km zone that strikes at a high angle across the amphibolite-granulite transition. (Percival and McGrath, 1986, Burnstall et al., 1994, Heather et al., 1995).

1.2.2 Mineralization

The gold mineralization at the Borden Gold deposit occurs as a broad zone of disseminated and fracture-controlled sulphides within a volcano-metasedimentary package of variable composition. The main sulphides are pyrite and pyrrhotite, with the former typically dominating. The mineralization generally consists of low- to moderate- grade gold, with minor silver, and is characterized by a persistent higher-grade core surrounded by a lower-grade envelope. Results to date indicate that the higher-grade core improves in grade towards the southeast where it develops into a high-grade zone (HGZ) with average grades above 2.5 g/t Au.

The deposit has grade continuity over 3.7 km of strike length, with the mineralization being open to the northwest and southeast. The deposit displays a consistent northeast dip and, locally, a shallow southeast plunge, which is mostly evident in the HGZ. Mineralization is controlled within a ductile shear zone, and is better developed in the HGZ. The total mineralized zone is up to 120 m wide, and has been confirmed to a vertical depth of approximately 650 m.

Owing to its metamorphic grade, the Borden Gold deposit is visually unique when compared to most known Archean-aged mesothermal gold occurrences. However, preliminary data does suggest that the deposit is paragenetically similar to other structurally controlled, Archean lode gold deposits, displaying both a high-grade core and a disseminated, lower-grade alteration halo associated with a ductile shear zone.


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1.3 Summary of exploration concept

Early work conducted by local prospectors included VLF surveys, soil geochemical sampling and overburden stripping. An area 150 m long by up to 45 m wide was identified as being gold anomalous with grab samples from the outcrop returning values of up to 3.4 g/t Au.

Probe acquired the Borden Gold project as part of its ongoing grassroots project generation initiative.

Probe began exploration on selected claims of the Borden Gold property in 2010. Prior to drilling, a versatile time-domain electromagnetic (VTEM) geophysical survey was flown which identified a number of interesting structures and magnetic anomalies across the property.

Exploration has primarily consisted of diamond drilling, completed in five phases of activity. Each phase was designed to infill, define and extend the Borden Gold deposit. The fourth phase drill program identified the grade continuity of the HGZ. The primary focus of the fifth phase drilling was to better define the HGZ. A sixth phase of drilling is currently in progress.

Other exploration activities completed on the property have included geophysics, mapping, prospecting and sediment sampling.

1.4 Mineral Resource Estimate

The mineral estimate in this report has an effective date 07 May 2014 and is an update of the Mineral Resources estimate from March 13, 2012, completed by Micon International Limited. This Mineral Resource update incorporates new drillholes located in an extension of the mineralization to the southeast and infill drilling within the mineralized area defined prior to March 2012.

The resources in this report are estimated in accordance with the definitions contained in the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Standards on Mineral Resources and Reserves Definitions and Guidelines that were prepared by the CIM Standing Committee on Reserve Definitions and adopted by the CIM Council on November 27, 2010.

The updated resource estimate is the first to define the resource that is potentially mineable via underground methods, in addition to the near-surface open pit-constrained gold mineralization, within the Borden Gold Deposit.

The resource estimate update was constrained within the high-grade zone at a cut-off grade of 2.5 g/t Au. The 2.5 g/t Au cut-off was chosen by analysis of likely cut-off grades. The cut-off grade selected represents a realistic estimate for potential underground mining operations based on the size of the mineralized zone and possibility of employing bulk-underground mining methods.

Table 1.1 and Table 1.2 represent the resource estimate at a series of cut-offs with 2.5 g/t base case highlighted for potential underground constrained resource. The sensitivity tables in Table 1.3 and Table 1.4 represent the resource estimate at a series of cut-offs with 0.5 g/t base case highlighted cut-off for potential open pit constrained resource.


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Table 1.1 Indicated Mineral Resource Estimate sensitivity with potential for Underground extraction

(1, 2, 3, 4, 6)

Cut-Off Au

(g/t)

Cumulative Tonnage

(000’s)

Average Au Grade

(g/t)

Cumulative Au oz

(000’s)

3.5 5,886 6.80 1,286

3.0 7,222 6.14 1,426

2.5 9,262 5.39 1,604

2.0 12,985 4.48 1,870

Table 1.2 Inferred Mineral Resource Estimate sensitivity with potential for Underground extraction

(1, 2, 3, 4, 6)

Cut-Off Au

(g/t)

Cumulative Tonnage

(000’s)

Average Au Grade

(g/t)

Cumulative Au oz

(000’s)

3.5 1,521 5.79 283

3.0 2,125 5.06 346

2.5 3,034 4.37 426

2.0 4,317 3.73 518

Table 1.3 Indicated Mineral Resource Estimate sensitivity with potential for open pit extraction

(1, 2, 4, 5, 7)

Cut-Off Au

(g/t)

Cumulative Tonnage

(000’s)

Average Au Grade

(g/t)

Cumulative Au oz

(000’s)

1.5 10,647 1,97 676

1.0 27,901 1,50 1,349

0.5 70,301 1,03 2,322

Table 1.4 Inferred Mineral Resource Estimate sensitivity with potential for open pit extraction

(1, 2, 4, 5, 7)

Cut-Off Au

(g/t)

Cumulative Tonnage

(000’s)

Average Au Grade

(g/t)

Cumulative Au oz

(000’s)

1.5 16 1,67 1

1.0 55 1,40 2

0.5 247 0,80 6


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(1) Mineral Resources which are not Mineral Reserves do not have demonstrated economic viability. The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, marketing, or other relevant issues. The Mineral Resources in this news release were estimated using the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), CIM Standards on Mineral Resources and Reserves, Definitions and Guidelines prepared by the CIM Standing Committee on Reserve Definitions and adopted by CIM Council.

(2) The quantity and grade of reported Inferred resources in this estimation are uncertain in nature and there has been insufficient exploration to define these Inferred Resources as an Indicated or Measured Mineral Resource and it is uncertain if further exploration will result in upgrading them to an Indicated or Measured Mineral Resource category.

(3) Contained metal may differ due to rounding.

(4) The Mineral Resource estimate stated in Table 14.1 was defined using 5 m by 5 m by 5 m blocks.

(5) The open pit to constrain the resources was generated by BBA Inc, with gold price US$1,300/oz, average mining cost Cdn$2.20/tonne, processing and general administrative expenses cost Cdn$17.37/tonne, a variable process recovery and exchange rate US$1.00= CDN$1.11.

(6) The underground constrained resources excluded isolated blocks out of the pit and includes blocks within the conceptual pit

(7) These figures exclude blocks with underground constrained centroids within the pit. These blocks were reported as resources with underground potential.

1.5 Conclusions and recommendations

Local and regional exploration continues in 2014 with a focus on a structural analysis of the deposit and surrounding areas within the property. Deposit definition and infill drilling will continue throughout the remainder of 2014. Infill drilling will be completed in other areas of the deposit, including the area defined by the pit shell referenced in this report, with the purpose of increasing grade confidence and resource classification. Additional 25 m drill sections will be selected as part of the infill program.

The broad zone of mineralization can be up to 120 m wide in areas and is over 3.7 km in strike length. As of the effective date of this report, the deposit remains open along strike and down dip. The interpreted high-grade zone ranges from 15 m to 30 m wide with a low-grade halo extending another 40 m to 65 m wide.

This observation has been confirmed with the current geologic interpretation which shows a higher-grade core surrounded by a lower-grade halo with the majority of the lower-grade occurring within the hanging wall of the deposit. Some structural controls following lithologic contacts are apparent, however, because they appear to follow lithologic contacts are difficult to define. The continuity of the mineralization for both the high-grade core and low-grade halo is demonstrated and confirmed with the current variography.

There are no known sampling, drilling or recovery issues, environmental, permitting, legal, title, taxation, socio-economic, marketing or political issues which would adversely affect the Mineral Resources estimated in this report. Mineral Resources which are not Mineral Reserves, do not have demonstrated economic viability. There are presently no Mineral Reserves on the Borden Gold property.


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The updated Mineral Resource estimate for the Borden Gold Property stated in this report indicates potential economic extraction via Open Pit and Underground methods. Snowden recommends that the project pass through to a preliminary economic analysis (PEA) stage. Commensurate with that process Snowden recommends Probe continue with infill drilling and resource expansion drilling programs. The deposit remains open in both strike and down dip directions. Petrographic and mineralogical studies are recommended as a means to substantiate the current geological model and explain the paragenesis of the sulphides associated with gold mineralization. Metallurgical studies are recommended to further understand the specific metallurgical characteristics of the mineralization. A duplicate analysis QAQC program and wet/dry bulk density determination program is recommended.


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2 Introduction

2.1 General

Mr Walter A Dzick, P.Geo of Snowden is the principal author and has prepared this independent technical report of the Borden Gold Property located near Chapeau Ontario at the request of David Palmer CEO of Probe Mines Limited, a company listed on the Toronto Venture Exchange (PRB. TSX-V).

Probe has been active in the Chapleau area of Ontario since 2010 and has assembled a large package of mining tenures (9,120 ha) that cover the strike length of the Borden Gold deposit. The Borden Gold Deposit occurs in a relatively unexplored area of the Kapuskasing Structural Zone (KSZ) and is associated with Timiskaming age lithologic assemblages. The gold mineralization occurs as a higher-gold grade central core surrounded by a low-grade gold halo, the latter characterised by a lack of quartz veining.

The last NI43-101 compliant technical report for the Borden Gold Project area with an effective date of March 13, 2012 was authored by Micon International Ltd. As of the effective date of this report, Probe has completed 630 drillholes for 222,371 m of drilling.

This updated report is been prepared by Snowden with Snowden completing sections 11, 12 14 and 24, with Probe completing all other sections and Probe and Snowden jointly completing sections 1, 2, 23, 25 and 26.

2.1.1 Terms of Reference

Snowden have prepared this Technical Report for Probe Mines Limited, in compliance with the disclosure requirements of the Canadian National Instrument 43-101 (NI43-101). The trigger for preparation of this report is the June 10, 2014 press release of Probe Mines Limited, disclosing an updated mineral resource for the project.

The Report has been prepared to conform to the format and content required under the National Instrument 43-101 (“NI43-101”) regulations of the Canadian Securities Administrators, including Form 43-101F1, and other related guidelines.

Unless otherwise stated, information and data contained in this report or used in its’ preparation has been provided by Probe Mines Limited.

The Qualified Persons for preparation of the report are Walter A Dzick P. Geo who visited the project site in November of 2013.

The responsibilities of each author are provided in Table 2.1.

Table 2.1 Responsibilities of each co-author

Author Responsible for section/s

Walter Dzick 11,12,14,24

Sharon Allan, David Palmer

Yves Dessureault 3,4,5,6,7,8,9,10,13, and 20

Snowden/Probe 1,2,23,25,26


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Unless otherwise stated, all currencies are expressed in Canadian Dollars $CAD.

The Author of this Report does not have a business relationship, or expect to have one, with Probe or any associated company, nor with any company mentioned in the Report which is likely to materially influence their impartiality or create the perception that the credibility of the Report could be compromised or biased in any way. The views expressed herein are genuinely held and deemed independent of the Company.

Snowden was contracted to assist Probe to complete an update to the Mineral Resource estimate and write a NI43-101 technical report. The sections of this report prepared by Snowden have been prepared independently and in accordance with the CIM Code and NI43-101. Snowden and its employees do not hold any interest in Probe or their associated parties, or in any of the mineral properties, which are the subject of this report. Fees for the preparation of Snowden’s contribution to this report are being charged at Snowden’s standard rates, terms and conditions. Payment of fees and expenses is in no way contingent upon the conclusions drawn in this report.

2.1.2 Sources of Information

The Author has relied on published government maps and reports, technical documents provided by Probe, and his personal geological experience in the gold sector.

Specific references are cited in the body of this Report, and the source of each citation is contained in Section 27 (References).

The Author has thoroughly reviewed all technical information relevant to the Report and has found no discrepancies, errors, or omissions that would be material to the opinions expressed in this Report. Snowden has used drillhole data provided by Probe to undertake a Mineral Resource estimate. This data has been subject to independent verification by Snowden.

The Author also acknowledges the assistance of Sharon Allan P.Geo., Geologist to Probe, in compiling information for the Report and sharing her knowledge of the Borden Gold Project.

2.1.3 Site Visit

The Author visited the site for two full days, November 04 and 05, 2013. During the site visit the drill core logging and sample preparation areas were inspected. Snowden verified 20% of the drillhole collars using a Garmin GPS. Snowden inspected the drillhole logs, drill core, and QAQC protocols.

2.1.4 Units of Measure and Currency

All units of measurement in this Report are Imperial unless otherwise stated. The Canadian dollar is used throughout the Report unless otherwise stated. At the time of writing of this report (July, 2014) the Canadian dollar and U.S dollar were at $1 Canadian dollar to buy approximately $0.97 United States dollar.

Gold values are stated in oz/t Au (oz/t) unless otherwise noted. One troy ounce of gold is equivalent to 31.1 grams of gold. One troy ounce of gold per Imperial ton (2,000 pounds) is equivalent to 34.286 grams per metric tonne (2,204.6 pounds).


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A cut-off grade of 0.012 oz/t is equivalent to 0.4 ppm Au (g/metric tonne).

All coordinates with respect to the drill data and the resource evaluation are in UTM grid (UTM NAD83 Zone 17).


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3 Reliance on other experts

Snowden has not carried out any independent exploration work, drilled any holes or carried out any sampling and assaying on the property, other than examining/verifying mineralization in drill cores. While exercising all reasonable diligence in checking, confirming and testing it, the authors of this report have relied upon Probe’s presentation of data for the Borden Gold property and the findings of its consultants in formulating their opinion.

The status of the mining claims or mineral tenements under which Probe holds title to the mineral rights for the Borden Gold deposit has not been investigated or confirmed by Snowden, and Snowden offers no legal opinion as to the validity of the mineral titles claimed. The description of the property, and ownership thereof, as set out in this report, is provided for general information purposes only and has been compiled by Probe using the information available from the Ministry of Northern Development and Mines (MNDM).

The existing environmental conditions, liabilities and remediation have been described under the relevant section as per the NI 43-101 requirements. However, the statements made are for information purposes only and Snowden offers no opinion in this regard.

The general descriptions of geology and past exploration activities used in this report are taken from transcripts prepared by Probe and its consultants, and from reports prepared by various reputable companies or their contracted consultants, as well as from various government and academic publications.


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4 Property description and location

4.1 Location and general description

The Borden Gold project is located in northern Ontario, approximately 160 km southwest of the city of Timmins and 9 km east-northeast of the town of Chapleau (see Figure 4.1). The discovery area is located on the eastern shore of Borden Lake which is located in Cochrane Township, within NTS topographic sheet 41O/14 (1:50,000 scale).

Figure 4.1 Location of the Borden Gold Project

Probe acquired its initial interest in the Borden Gold project in 2010, when it entered into an option agreement with the vendors on the claims through which it had the right to acquire a 100% interest. Subsequently, Probe has acquired interests in additional land holdings through staking (wholly-owned) and other private land agreements. Figure 4.2 shows the locations of the claims that constitute the Borden Gold property.


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Figure 4.2 Claim Locations for the Borden Gold Property

The centre of licence number 4227868, where the initial discovery was made for the Borden Gold deposit, is located at roughly 5303800 N and 329500 E in the UTM NAD83 coordinate system (Zone 17).

4.2 Land tenure

The Borden Gold Project covers a total area of 9,120 ha (570 claim units) and comprises three categories of landholdings:

wholly-owned claims acquired by staking (3,040 ha)

optioned claims acquired under an option agreement (5,760 ha)

private claims acquired through option or purchase agreements (320 ha)

These are summarized in Table 4.1, Table 4.2, Table 4.3 and Table 4.4 and illustrated in Figure 4.2. The property boundaries were located using a hand-held, retail grade, GPS.

The 190 wholly-owned claim units comprise 30 separate mineral licences. All wholly-owned claims were staked and recorded in the name of Probe Mines Limited.


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The 66 optioned claims comprise eight individual mineral licences. The claims were optioned from Jacques Robert and Michael Tremblay. The option agreement gave Probe the right to earn 100% interest in the claims by making cash payments totalling $55,000 (completed) and issuing 350,000 shares (completed) over the four-year term of the agreement, which was signed on 31 March, 2010, and amended on 13 August, 2010. The vendors retain a 2% net smelter return (NSR) interest, while Probe retains an option to buy back 1% of the NSR for $1,000,000. Currently Probe has earned its 100% interest in these option claims and title to the mineral claims has been transferred from Jacques Robert and Michael Tremblay to Probe Mines.

In March, 2012, Probe entered into an option agreement with Reliant Gold Corp. to acquire an interest in Reliant's Borden South project, comprising 294 claim units (20 mineral licenses) covering 4,704 hectares. In March 2014, the Joint Venture Agreement (JV) was amended and Probe and Reliant now hold a 51% interest and a 49% interest, respectively. Probe made a cash payment of $200,000 and issued 100,000 common shares of Probe to Reliant upon the execution of the definitive Joint Venture Agreement. Probe is responsible for maintaining the JV Property in good standing and funding 100% of the JV until the earlier of (i) the completion of a feasibility study with respect to the Property; and (ii) the date which is five years from the date of the execution and delivery by the parties of a definitive joint venture agreement. On delivery of a positive feasibility study with respect to the Property by Probe to Reliant on or prior to the date which is five years from the date of the execution and delivery by the parties of a definitive joint venture agreement, Probe will earn an additional 24% interest in the Joint Venture increasing its interest to 75% and, thereafter, Probe and Reliant will be responsible for the costs of maintaining the Property in good standing and funding the joint venture as to 75% and 25%, respectively. If a positive feasibility study with respect to the JV Property is not delivered by Probe to Reliant on or prior to the date which is five years from the date of the execution and delivery by the parties of a definitive joint venture agreement, the interests of the parties in the joint venture will be fixed at 51% and 49% for Probe and Reliant, respectively, and, thereafter, the parties will be responsible for the costs of maintaining the Property in good standing and funding the joint venture in those percentages.

There are five private claims or dispositions (patent lands) on which Probe has entered into either option or purchase agreements. Each disposition is equal in size to four claim units and, as such, there are 20 units in total. The north half of Lot 6, Concession 3, Cochrane Township, was purchased from the vendor for a cash payment of $15,000 and the issuance of 20,000 shares. The vendor will retain a 0.5% NSR which can be purchased by Probe for $500,000. Probe owns 100% of the surface and mineral rights. Probe has the right to earn a 100% interest in the mineral rights of the North Half of Lot 3, Concession 2, Cochrane Township, by making cumulative cash payments totalling $20,000 (completed) and issuing 45,000 shares to the vendor (completed), over the three-year period of the option agreement which began on 23 February, 2011. The South Half of Lot 2, Concession 2, North Half of Lot 2, Concession 2 and North Half of Lot 1, Concession 2, (Cochrane Township) are under an option agreement with a vendor. During the earn-in period, beginning on 22 December, 2010, Probe will need to complete $400,000 in exploration expenditures and also complete and deliver a preliminary economic assessment, as defined by NI 43-101, on any resource identified on the property. Following the earn-in period, the vendor has the right to retain its 50% interest by contributing to the project development cost in proportion to its ownership. If the vendor elects not to contribute, it is diluted and if its ownership falls below 10%, its interest will revert to a 2% Net Smelter Royalty (“NSR”) on the JV property.


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A total of $100,464 in assessment credits will be required to maintain all of the 100% owned mineral claims in good standing by their respective due dates (includes claims acquired by staking and claims acquired by earned in option from Tremblay & Robert). A total of $117,600 in assessment credits will be required to maintain all of the Reliant Borden South option claims by their due dates (see Table 4.3). Total mining taxes due on the five patent claims on an annual basis is $1208.12 and all are in good standing for the 2014 tax year.

Total Reserve credits in the amount of $5,883,468 are available from previously filed Assessment work reports. These credits can be used to maintain the good standing of the Property claims.

Probe reports that there are no mineral reserves, mine workings, tailing ponds, waste deposits, important natural features and improvements within the property bounds or in the immediate adjacent areas.

Table 4.1 Details of Land Tenure A

Borden Gold Claims – Wholly Owned

Township/

Area

Claim Number

Acquisition Ownership Claim Units

Recording Date

Claim Due Date

Percent Option

Work Required by due

date

BORDEN 1234887 staking 100% 7 13-Sep-10 13-Sep-14 100% $930

COCHRANE 4242553 staking 100% 16 13-Sep-10 13-Sep-17 100% $6,400




COCHRANE 4242558 staking 100% 2 13-Sep-10 13-Sep-17 100% $800


BORDEN 4242560 staking 100% 16 13-Sep-10 13-Sep-17 100% $6,400



BORDEN 4249708 staking 100% 2 13-Sep-10 13-Sep-17 100% $800






COCHRANE 4256762 staking 100% 4 30-Nov-10 30-Nov-15 100% $1,600

COCHRANE 4256763 staking 100% 4 30-Nov-10 30-Nov-15 100% $1,600

BORDEN 4259801 staking 100% 11 30-Nov-10 30-Nov-17 100% $4,400

BORDEN 4259802 staking 100% 8 30-Nov-10 30-Nov-17 100% $3,200

MCNAUGHT 4259803 staking 100% 12 30-Nov-10 30-Nov-17 100% $4,800

MCNAUGHT 4259804 staking 100% 12 30-Nov-10 30-Nov-17 100% $4,800

MCNAUGHT 4259805 staking 100% 1 15-Dec-10 15-Dec-17 100% $400

COCHRANE 4260523 staking 100% 1 15-Dec-10 15-Dec-17 100% $400

GALLAGHER

4260524 staking 100% 1 15-Dec-10 15-Dec-17 100% $400

MCNAUGHT 4260525 staking 100% 4 15-Dec-10 15-Dec-17 100% $1,600

BORDEN 4260526 staking 100% 5 14-Feb-11 14-Feb-16 100% $2,000

MCNAUGHT 4260527 staking 100% 4 15-Dec-10 15-Dec-17 100% $1,600

BORDEN 4260531 staking 100% 1 14-Feb-11 14-Feb-17 100% $400

MCNAUGHT 4260536 staking 100% 5 10-Jan-11 10-Jan-17 100% $2,000

Total 190 $74,064


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Table 4.2 Details of Land Tenure B

Borden Gold – Optioned Claims

Township/ Area

Claim Number

Acquisition Ownership Claim

No. Recording

Date Claim Due

Date Percent Option

Work Required

COCHRANE 4227868 option 100% mineral rights earned

15 10-Nov-08 10-Nov-17 50% $6,000


6 06-May-09 06-May-17 50% $2,400


6 06-May-09 06-May-17 50% $2,400


4 26-Feb-10 26-Feb-17 100% $1,600


10 26-Apr-10 26-Apr-17 100% $4,000


15 26-Apr-10 26-Apr-17 100% $6,000


6 27-May-10 27-May-17 100% $2,400


4 27-May-10 27-May-17 100% $1,600

Total 66 $26,400


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Table 4.3 Details of Land Tenure C

Borden South – Optioned Claims

Township/ Area

Claim Number

Acquisition Ownership Claim Units

Recording Date

Claim Due Date

Percent Option

Work Required

GALLAGHER 4260695 option 51% mineral

rights 16 25-Nov-10 23-Dec-14 100% $6,400


rights 16 25-Nov-10 23-Dec-14 100% $6,400


rights 14 25-Nov-10 25-Nov-14 100% $5,600


rights 16 25-Nov-10 25-Nov-14 100% $6,400


rights 16 25-Nov-10 25-Nov-14 100% $6,400


rights 10 25-Nov-10 25-Nov-14 100% $4,000


rights 10 25-Nov-10 25-Nov-14 100% $4,000


rights 14 25-Nov-10 25-Nov-14 100% $5,600


rights 16 25-Nov-10 25-Nov-14 100% $6,400


rights 16 25-Nov-10 25-Nov-14 100% $6,400


rights 16 25-Nov-10 25-Nov-14 100% $6,400


rights 16 25-Nov-10 25-Nov-14 100% $6,400


rights 12 25-Nov-10 25-Nov-14 100% $4,800


rights 16 25-Nov-10 25-Nov-14 100% $6,400

MCNAUGHT 4260715 option 51% mineral

rights 16 25-Nov-10 25-Nov-14 100% $6,400


rights 16 25-Nov-10 25-Nov-14 100% $6,400


rights 10 25-Nov-10 25-Nov-14 100% $4,000


rights 16 25-Nov-10 25-Nov-14 100% $6,400


rights 16 25-Nov-10 25-Nov-14 100% $6,400


rights 16 25-Nov-10 25-Nov-14 100% $6,400

294 $117,600


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Table 4.4 Details of Land Tenure D

Borden Gold – Patent Claims

Township/ Area

Claim Number Acquisition Ownership Claim Units

COCHRANE PIN 731020007; North Half of Lot 6,

Concession 3 purchase 100% (mineral and surface) 4


Concession 2, option 100% mineral rights earned 4

COCHRANE PIN 731020014; South Half of Lot 2,

Concession 2 option earn-in 50% (mineral rights) 4





Total 20

4.3 Environmental and permitting

Probe reports that there are no outstanding or pending adverse environmental issues attached to the Borden Gold property. No mining or other potentially disruptive work has been carried out, on the property, beyond that described in this report.

A number of regulatory changes have occurred as part of the ongoing Mining Act Modernization initiative being conducted by the MNDM in Ontario. As at April 1, 2013, Exploration Plans and Permits are now required for some early exploration activities. The requirement of a Plan or Permit is dependent on the activity being completed. Probe is in possession of both an active Exploration Permit (PR-13-10072, expiry 28/03/2016) and Exploration Plan (PR-13-10292, expiry 19/01/2016) for the exploration activities currently being completed on the Property. Probe is in possession of all the required permits to complete the current activities on the Property.

Snowden is not aware of any significant factors and risks that may affect access, title, or the right or ability to perform work on the property.


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5 Accessibility, climate, local resources, infrastructure and physiography

5.1 Topography, elevation and vegetation

The Borden Gold project is situated just to the north of the Atlantic and Arctic Watershed Divide, with the terrain gently sloping towards Hudson and James Bays. A number of major rivers cross cut the relatively flat plain, namely the Chapleau, Nemegosenda and Ivanhoe rivers that drain north towards the Kapuskasing and Groundhog rivers. Major lakes in the region are Windermere, Como, Nemegosenda and Borden Lakes. The Borden Gold area is located in the Abitibi upland physiographic region of Ontario (Thurston, 1991).

Locally, the terrain is primarily low to moderate relief. The uplands are comprised of rock knobs and moraine, while the lowlands are underlain by glaciofluvial deposits. Elevations typically range from 335 masl, near Nemegosenda Lake, to 597 masl, near Pemache River on Lockner Hill (Roed and Hallett, 1979).

The property is located in the boreal forest vegetation zone with the major tree species represented by black and white spruce, jack pine, aspen and balsam poplar, white birch and balsam fir, with some tamarack in poorly drained areas.

North of the town of Chapleau is the world’s largest Crown nature preserve covering an area of 700,000 ha. Pickerel and pike are the most common fish species. Moose are plentiful as well as bear, beaver, wolf, otter, rabbit, weasel, red fox, muskrat, skunk and groundhogs.

5.2 Accessibility and infrastructure

The Borden Gold project is easily accessible by road and is located approximately 9 km east-northeast of Chapleau on Ontario Provincial Highway 101. There is a 1.5-km gravel road that is accessed from Highway 101 that leads to the property. There are a number of public and private forestry roads that provide excellent access throughout the property.

Chapleau, the closest town to the property, has a population of approximately 2,400. It is located about 190 km northeast of Sault Ste. Marie, 272 km northwest of Sudbury, and 843 km north of Toronto. The nearest large communities are Wawa (140 km to the west) and Timmins (about 200 km to the east). Chapleau is serviced by Highway 101 from the east and west and Highway 129 from the south.

The community has traditionally been focused on forestry, and at one time, three large lumber mills were producing in the area. Owing to a downturn in the forestry industry, only one mill remains in production.

CP Rail (CP) has a large presence in Chapleau, providing service to Sudbury and White River. The Northern Ontario Backwoods Budd Car departs Chapleau for Sudbury on Sundays, Wednesdays and Fridays. The passenger service departs for White River on Saturdays, Tuesdays and Thursdays.


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The Chapleau airport operates year-round for private flights but there are no scheduled carriers located at the base. There are two runways, 3,000 ft and 5,000 ft (approximately 915 m and 1,525 m), capable of landing business jets. The water bomber squad of the Ministry of Natural Resources (MNR) is based at the airport in the summer months for forest fighting dispatch.

5.3 Climate and length of operating season

The continental climate of the area is characterized by cold winters and warm summers. Mean air temperatures range from 1-2°C and mean summer temperatures are 15-17°C. Extreme lows may reach -48°C and extreme highs 42°C. Precipitation ranges from 700-900 mm, with approximately one-third of the precipitation falling as snow.

5.4 Surface rights and local resources

The area covered by the Borden Gold property is sufficiently large to accommodate open pit and underground operations, including ancillary installations.

Local resources are readily available given the proximity to developed communities. A 115 kV power line links Chapleau to the trans-Ontario grid at Wawa. In addition to the airport at Chapleau, other services include the co-generation power plant that produces electricity for Hydro One, the Chapleau Public Utilities Corporation (CPUC), and the Chapleau Energy Services Corporation (CESC), numerous hotels and restaurants, local branches of major Canadian banks, a hospital, schools, grocery and hardware stores, heavy equipment and machinery shops, as well as a variety of other service contractors.

A number of First Nation communities are located in the region. These include the Chapleau Cree First Nation (CCFN), Brunswick House First Nation (BHFN) and Chapleau Ojibwe First Nation (COFN). Probe has a good working relationship with the First Nations. On 31 August, 2011, Probe announced a Memorandum of Understanding (MOU) with the three First Nation communities of CCFN, BHFN and COFN. The MOU establishes a commitment by Probe to develop an ongoing relationship with the three communities in the area of the Borden Gold project and will provide the communities with an opportunity to participate in the benefits of the project through training, ongoing communication and business development. An Elders Committee was created to provide advice to Probe on traditional values and local cultural and environmental matters during the exploration phase. Probe has also agreed to negotiate an Impact and Benefit Agreement with the communities should the project proceed to production.


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6 History

6.1 Overview

Prior to Probe’s involvement, minimal previous work had been completed on the property. The Borden Gold project was acquired by Probe in 2010 through an option agreement on claims surrounding Borden Lake. Early work conducted by local prospectors (the vendors) included VLF surveys, soil geochemical sampling and overburden stripping. A surface gold showing was identified over an area 150 m long by up to 45 m wide. Grab samples from the outcrop returned values of up to 3.4 g/t Au.

No economic mineral deposits are known in the area of the Borden Gold property. Approximately 80 km to the east, in the vicinity of Foleyet, is the Penhorwood talc mine and 160 km to the east is the prolific Timmins metal mining district.

The bulk of historic data is taken from a few assessment reports published for the local area and a few OGS reports that formed part of the Operation Treasure Hunt (OTH) program.

6.2 General history

The area around the Borden Gold Project has experienced very little in the way of previous exploration. There are limited Assessment File Reports (AFRI) available from the MNDM. These include work reports submitted by Kapuskasing Resources Ltd., Noranda Exploration Company Ltd. and Michael Tremblay.

Kapuskasing Resources explored in Cochrane Township in the summer of 1982. The work comprised geological, prospecting and geophysical surveys over 12 claims that were located in the central part of Cochrane Township, approximately 12 km northeast of Chapleau and 2.5 km north of Highway 101. This area is approximately 3 to 4 km to the northwest of the Borden Gold discovery area. The preliminary survey indicated modestly favourable results and further evaluation was recommended. Thirty-two rock samples were sent for gold and/or silver analysis, with results ranging from nil to 0.015 ounces per short ton gold with only trace/nil results for silver. The 16 samples that contained measurable quantities of gold were associated with sulphide-rich zones adjacent to an interpreted fault structure that trends through the property towards the east.


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Noranda Exploration completed a few exploration programs in the area in the early to mid 1980s which consisted of geological surveys, ground geophysics and a single reported drill hole. The 16 claims were located about 10 km east of Chapleau on Highway 101, and about 0.8 km northwest of Borden Lake. This area is approximately 2-3 km northwest of the main Borden Gold discovery area. In the fall of 1982, a ground magnetic and EM survey was completed over the property. Previous mapping by Noranda had revealed sulphide mineralization. Most of the magnetic features indicated east-west trends and the presence of diabase dykes suggested by several cross-cutting features. One conductor was located and recommended for drilling. A summer geological mapping campaign was completed in 1983 which led to the discovery of sulphide mineralization on a highly altered roadcut outcrop. A rhyolite quartz porphyry unit was identified as containing up to 5% sulphides, typically disseminated, and comprising chalcopyrite, pyrite and traces of galena. It was concluded that the outcrop was likely proximal to a volcanic alteration pipe and the stratigraphy indicated that the top of the succession was towards the southwest. Further mapping to the southeast was recommended to locate the rhyolite quartz-eye porphyry as well as ground geophysics to determine if there were any conductors associated with the unit. In June, 1984, Noranda drilled one hole, approximately located at 327470E and 5304170N (NAD 83 UTM Zone 17) with a -53

o dip to the south. The hole intersected a variety of schists and amphibolites,

intermediate and mafic volcanics and a quartz feldspar porphyry. A graphite-bearing sulphide-oxide iron formation was intersected from 291.5 to 311 ft. The hole continued past this to a depth of 601 ft and ended in a rhyolite fragmental. No report is provided with the drill hole log, nor is there mention of any assay results.

M. Tremblay completed a number of small work programs in the property area between 1990 and 1993 for which he filed assessment reports with the MNDM. Work completed included prospecting, VLF surveys, rock and soil geochemical sampling, and overburden stripping. Power stripping and trenching were completed on a surface gold showing discovered through prospecting. Grab samples from selected parts of the outcrop returned values of up to 3.4 g/t Au.

Operation Chapleau was completed in the 1970s and was the fifth in a series of Ontario Department of Mines helicopter-supported regional mapping projects. Two regional geology maps were produced during this program as well as a geology report. In the early 2000s, Operation Treasure Hunt (“OTH”) was conducted by the OGS and was designed to encourage exploration by collecting and releasing new geoscience information. An aeromagnetic survey, the Kapuskasing-Chapleau survey, was released in 2002 and covered a portion of the Borden Gold property. A total of 105,848 line-km were surveyed with a traverse line spacing of 200 m and control line spacing of 1,600 m. Modern alluvium sampling was also a component of the OTH program and four reports were released that covered the area from south of Chapleau to north of Fraserdale along the Kapuskasing Structural Zone. Two reports, the Chapleau and Foleyet surveys, cover the Borden Gold project area and were released in 2001.

More recently in 2008, the Timmins Resident Geologist of the MNDM visited the Tremblay-Robert property prior to Probe acquiring its option. A few outcrops were visited and some rock samples were sent for precious metal assay. Two samples returned values of 0.01 oz/t gold and 0.02 oz/t gold (Atkinson, 2008).

6.3 Historic production

There has been no prior production from the Borden Gold property and there are no known historical mineral resource or reserve estimates.


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7 Geological setting and mineralisation

The following descriptions on regional/local/property geology have been compiled by Probe and are largely based on research papers on the Kapuskasing Structural Zone (“KSZ”) by various authors, as well as several reports released by the OGS.

7.1 Regional geology

The Borden Gold property claims are located in the Superior Province of Northern Ontario, an area of 1,572,000 km

2, which represents 23% of the earth’s exposed Archean crust (Thurston,

1991). The Superior Province is divided into numerous sub-provinces (Figure 7.1), each bounded by linear faults and characterized by differing lithologies, structural/tectonic conditions, ages and metamorphic conditions. These sub-provinces are classified into four types (Card and Ciesieliski, 1986):

volcano-plutonic, consisting of low-grade metamorphic greenstone belts, typically intruded by granitic magmas, and products of multiple deformation events

metasedimentary, dominated by clastic sediments and displaying low grade metamorphism at the sub-province boundary and amphibolite to granulite facies towards the centres

gneissic-plutonic, comprised of tonalitic gneiss containing early plutonic and volcanic mafic enclaves, and larger volumes of granitoid plutons, which range from sodic (early) to potassic (late)

high-grade gneissic sub-provinces, characterized by amphibolite to granulite facies igneous and metasedimentary gneisses intruded by tonalite, granodioritic and syenitic magmas

Regionally, the KSZ, represents an elongate north to northeast-trending structure, which transects the Wawa sub-province to the west and the Abitibi sub-province to the east. It is a structurally discordant zone bounded by abrupt changes in lithology and metamorphic grade indicative of faults. The KSZ is approximately 500 km long, extending from James Bay at its northeast end to the east shore of Lake Superior at its southwest end. Typically the KSZ is represented by high metamorphic grade granulite and amphibolite facies paragneiss, tonalitic gneisses and anorthosite-suite gneisses occurring along a moderate northwest dipping crustal scale thrust fault believed to have resulted from an early Proterozoic event (Percival and McGrath 1986). It is proposed that the KSZ is an east-verging thrust fault that has exposed an oblique section through 20 km of uplifted Archean crust. The KSZ is characterized by a high-grade gneiss terrain grading westward into a central gneiss terrain and then into low-grade terrain of east-west-striking linear belts composed of supracrustal rocks. In addition to the major fault which forms the east boundary of the KSZ, three major northeast-striking faults dip 60° to 70° northwest and are present within the uplift. These internal faults are west-side-down with displacements of 7 to 10 km and result from a late tensional event that followed the compressional uplift (Sage, 1991).


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Figure 7.1 Simplified Geological Map of the Superior Province of Ontario

(Colours differentiate the sub-provinces, After Card and Ciesieliski, 1986.)

The Borden Gold property lies at the intersection of the Wawa sub-province, the Kapuskasing Structural Zone and the Abitibi sub-province, primarily within the southernmost limits of the KSZ.

The Wawa and Abitibi sub-provinces, which abut the KSZ, are volcano-plutonic terranes comprising low metamorphic grade metavolcanic-metasedimentary belts. They contain lithologically diverse metavolcanic rocks with various intrusive suites and, to a lesser extent, chemical and clastic metasedimentary rocks. The individual greenstone belts within the sub-provinces have been intruded, deformed and truncated by felsic batholiths. The east-trending Abitibi and Swayze greenstone belts of the Abitibi sub-province have historically been explored and mined for a variety of commodities, while the Wawa sub-province hosts the east-trending Wawa greenstone belt and the Mishibishu greenstone belt where significant exploration and mining have occurred.

Except for minor lamprophyre dykes, bedrock in the Borden Gold area is Precambrian, with the oldest rocks being the Archean metavolcanics and metasediments of the Abitibi and Wawa sub-provinces. These belts are intruded by small mafic to ultramafic intrusions of various ages.


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Several alkalic rocks such as carbonatite complexes along with lamprophyric dykes were intruded along the KSZ, approximately 1,022 Ma to 1,141 Ma ago. The carbonatite occurrences display close spatial relationships with major northeast-striking shear zones. Proximal to the project area, on the northern side of the KSZ, three such complexes are known to occur. These include the Borden Township carbonatite complex, the Nemegosenda Lake alkalic complex, and the Lackner Lake alkalic complex.

7.1.1 Abitibi Sub-province

The Abitibi sub-province metavolcanic and metasediment assemblage extends its western edge from Quebec and terminates in the east at the junction with the KSZ. It is the largest greenstone belt in the world and has a high ratio of supracrustal rocks to intrusive rocks and in general is of a low metamorphic grade.

Typically bedding and tectonic fabric in the southern part of the Abitibi Greenstone Belt dip steeply to moderately (90

o to 45

o), and folds are east or west trending and upright. Steeply-

dipping shear zones are typically associated with the major gold camps and these zones include the Larder-Cadillac and the Porcupine-Destor zones which transect the belt over distances of 300 km in an easterly direction (Jackson and Fyon, 1991).

The Abitibi sub-province is subdivided into volcanic complexes distinguished by a mafic to felsic volcanic suite and associated intrusive and sedimentary rocks (Figure 7.2). Proximal to the Chapleau area there are three of these assemblages, namely the Swayze volcanic complex, the Deloro volcanic complex and the Kamiskotia volcanic complex (Thurston et al., 1977).


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Figure 7.2 Generalized Geology (a) and Supracrustal Assemblages (b) of the Western Abitibi Sub-province*

* Modified after Jackson & Fyon, 1991

The Kamiskotia Assemblage

This greenschist facies assemblage comprises the synvolcanic, theoleiitic Kamiskotia gabbroic complex (2707+2 Ma) which is overlain by the Kamiskotia volcanic complex (2705+2 Ma). The emplacement of hornblende-biotite tonalite to granite intrusions (2696 to 2694 Ma) caused the western edge of the assemblage to become strained and metamorphosed. The igneous units dip near vertical and face north and east (Jackson and Fyon, 1991).

The Deloro Assemblage

Predominantly consisting of pillowed, and commonly amygdaloidal and plagioclase-phyric, calc-alkaline basalt and andesite, the Deloro assemblage is thought to be 2703+3 Ma at minimum. A regional aeromagnetic low with superimposed highs coincident with ultramafic intrusions characterize the assemblage (Jackson and Fyon, 1991). The intrusion of granitic rocks and the related compression have extensively modified the structural trends in the Deloro complex. It comprises mostly mafic metavolcanics with only minor metasediments and has greater abundance of mafic and ultramafic rocks than the nearby Swayze assemblage with minor pyroclastic and extrusive felsic metavolcanics. It terminates in the west with fault zones and granitic intrusions, potentially related to the KSZ. (Thurston et al., 1977).


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The Swayze Assemblage

The Swayze complex itself contains multiple sub-assemblages. Proterozoic dyke swarms are also present within the complex, the north-striking Matachewan swarm, the northwest-striking Sudbury swarm and the east to northeast-striking Abitibi swarm. In the Borden Gold area, these sub-assemblages include Muskego-Reeves, Horwood, Raney-Newton, Halcrow-Swayze, and Garnet-Tooms (Jackson and Fyon, 1991).

The Muskego-Reeves assemblage is defined on the west by the KSZ and a massive granodiorite to granite intrusion. It is greenschist to amphibolite facies, east striking, steeply dipping, and lithologically heterogeneous, with most of the assemblage comprising pillowed amygdaloidal basalt (tholeiitic?) flows (Jackson and Fyon, 1991).

The greenschist facies Horwood assemblage is predominantly composed of massive, pillowed and amygdaloidal, iron-rich tholeiitic basalt, with associated flow breccia. Interlayered with the basalts are mafic and ultramafic sills and a few units of dacitic and rhyolitic flows, lapilli tuff, pyroclastic breccia and associated turbidites. On its eastern margin, the assemblage was intruded by the Hardiman Lake Pluton. In the Horwood Lake area, basalt flows face west, away from the Hardiman Lake Pluton and shear zones occur which host several gold occurrences. The Hardiman shear zone strikes northeast, and a second northeast striking zone is believed to occur immediately to the north. Both are thought to illustrate oblique sinistral displacement (Jackson and Fyon, 1991).

The Raney-Newton assemblage is wedge-shaped, with its thickest part in the east. The assemblage consists of east-striking, south-facing, steeply dipping calc-alkalic andesitic, dacitic and rhyolitic flows, pyroclastic rocks and associated clastic metasedimentary rocks, commonly known as the Swayze series. In the northeast, greenschist facies basalt predominates. Amphibolite facies rocks are observed adjacent to the Kenogamissi batholith. In the west, past Rollo Lake, the assemblage thins and is truncated by the KSZ. It is primarily comprised of andesitic and rhyolitic flows and pyroclastic rocks along the north edge, and interlayered felsic metavolcanic and clastic metasedimentary rocks of the Swayze series along the south edge (Jackson and Fyon, 1991).

The greenschist to amphibolite facies Halcrow-Swayze assemblage is an east-trending package comprised of komatiitic flows, tholeiitic basalt, intermediate to felsic and calc-alkalic metavolcanic rocks, interlayered with oxide-facies iron formation (Jackson and Fyon, 1991).

The greenschist to amphibolite facies Garnet-Tooms assemblage is truncated to the west by a north-striking fault, which juxtaposes the metavolcanic rocks against gneissic granodiorite. Several east-striking, east-closing folds occur in the west as well. Rock units consist of tholeiitic basalt, intermediate to felsic, calc-alkalic flows and fragmental rocks, and komatiitic flows and fragmental rock, interlayered with oxide-facies iron formation (Jackson and Fyon, 1991).

7.1.2 Wawa Sub-province

An aggregation of Archean greenstone belts and granitoid plutons, the Wawa sub-province is bounded to the north by the Quetico sub-province. The southern boundary is delineated by the Montreal River fault and is hidden beneath Lake Superior in the southwest. It extends from the KSZ in the east to the Proterozoic Trans-Hudson Orogen in the west (Figure 7.3). Its eastern boundary is thought to be transitional into the Chapleau block and Val Rita block and forms the southern and central parts of the KSZ (Williams et al., 1991).


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Two linear concentrations of greenstone belts comprise the sub-province, one along the northern boundary with the Quetico and the other in the Mishibishu-Michipicoten-Gamitagama area, with the two zones being separated by belt-like domains of plutonic rocks. The Wawa sub-province is a granite-greenstone terrane in which disparate units, and well-defined greenstone belts of metamorphosed komatiite, basalt, dacite and rhyolite and associated metasedimentary rocks, are dispersed in granitoid rocks. The metasedimentary rocks include turbiditic wacke, minor conglomerate and iron formation. Stratigraphic and structural relationships between these units of volcanic and sedimentary rocks are usually unclear and commonly masked by later shearing (Williams et al., 1991). The eastern tip of the Michipicoten metavolcanic-metasedimentary belt is exposed to the southwest of Chapleau (Thurston et al., 1977). The Dayohessarah-Kabinakagami belt is located to the west of the project area.

Figure 7.3 Generalized Geology Map of the Wawa Sub-province*

* Modified after Williams et al., 1991

The Michipicoten Greenstone belt is the largest within the Wawa sub-province extending approximately 140 km in length and 45 km in width. East striking supracrustal rocks occur and three discrete episodes of volcanism have been identified. It is stratigraphically and structurally complicated and comprises volcanic, sedimentary and plutonic rocks, metamorphosed to greenschist and amphibolite facies (Williams et al., 1991).

The Dayohessarah-Kabinakagami belt comprises poorly preserved, steeply dipping and strongly sheared, upper greenschist to epidote-amphibolite facies, mafic volcanic and clastic sedimentary rocks. Foliations range from north to east-striking. The assemblage boundaries are all against granitoid rocks. The supracrustal rocks are primarily composed of mafic volcanic rocks and subordinate quartz arenite, wacke and, rarely, conglomerate. Felsic volcanic rocks are rare and are difficult to distinguish from concordant sheets of deformed, intrusive granitoid. The rocks, especially the sedimentary units, are highly strained, as prominent foliation directions parallel the lithologic layering. Volcanic rocks are elongate parallel to steeply plunging lineated amphibole and rarely contain pillow structures (Williams et al., 1991).


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The tonalitic gneisses of the Wawa gneiss domain (WGD) are considered the oldest rocks in the Wawa sub-province although they are indistinguishable petrographically from younger rocks. Their extent is unknown. Near Chapleau, the tonalitic rocks form the eastern WGD northeast into the KSZ. The youngest supracrustal rocks of the WGD are located in the Borden Lake belt. The belt consists of deformed and metamorphosed mafic volcanic rocks, felsic porphyry, conglomerate and wacke (Heather et al., 1995).

7.1.3 Kapuskasing Structural Zone (KSZ)

In the 1980s and 1990s, the KSZ was investigated from a geological and geophysical perspective through the Lithoprobe Geoscience Project to better understand the origins of this deep-crustal structure. The KSZ has been enigmatic since it was first identified and has been interpreted in a variety of ways including as a suture, rift, transcurrent shear zone, or intracratonic thrust. A comprehensive three-dimensional image of Archean (2.75-2.50 Ga) crustal evolution and Proterozoic (2.5-1.1 Ga) cooling and uplift has been compiled from numerous studies of geochronology, geothermobarometry, and various geophysical probes. The favoured interpretation of the structure is as an intracratonic uplift related to Hudsonian collision (Percival and West, 1994).

The KSZ cuts the east-west trending Wawa and Abitibi sub-provinces at an oblique angle and is defined by strong positive gravity and aeromagnetic anomalies. In the Chapleau-Foleyet area, the gradient is gradual on the western margin, but abrupt on the east. This suggests a west-dipping contact between the Abitibi sub-province and the KSZ (Percival, 1983). Whereas the weakly metamorphosed volcanic belts of the Abitibi and Wawa sub-provinces illustrate well-preserved supracrustal sequences, the KSZ and WGD consist of high-grade metamorphic rocks (Heather et al., 1995). The KSZ displays gravity and magnetic anomalies for most of its distance until south of Chapleau. The extensive study of the KSZ by Lithoprobe has allowed a structural framework of the zone north of Chapleau to be constructed. However, the nature of its extension southwest into the WGD is relatively unknown due to the lack of geophysical expression and poor exposure (Zhang, 1999).

The KSZ comprises east-northeast-striking belts of paragneiss, mafic gneiss, tonalitic and dioritic rocks and units of the Shawmere anorthosite complex along with alkalic rocks such as carbonatite complexes. The paragneiss consists of layered, migmatitic, fine- to medium-grained, biotite-plagioclase-quartz rock, with some garnet and/or hornblende and/or orthopyroxene. Concentrations of quartz, biotite, garnet, or graphite are present in some layers and the overall quartz-rich composition implies that these rocks had a sedimentary origin. Mafic gneiss is a layered to homogeneous medium-to coarse-grained rock with a high-calcium, high-alumina basaltic composition (Percival, 1983).

Numerous sharp truncations and offsets that indicate fault boundaries are apparent in the aeromagnetic expression. The outcrop pattern of granulite-grade rocks coincides well with groups of strong aeromagnetic anomalies over most of the KSZ (Percival and West, 1994).


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Using geological and geophysical characteristics, the rocks of the KSZ can be spatially divided into distinct blocks (Figure 7.4). The northernmost block, the Fraserdale-Moosonee block, is represented by a positive aeromagnetic anomaly and high grade paragneiss. It is separated by a 65-km gap without granulites from the Groundhog River block which is characterized by high-grade metamorphic rocks and has an intense positive aeromagnetic anomaly with a negligible gravity signature. Brittle faults bound it on both the east and west margins. To the west, the Val Rita block grades from granulite facies in the northwest adjacent to the Lepage fault, to amphibolite facies in the Saganash Lake belt. In the south, the Chapleau block is also bounded by brittle faults to the southeast and northwest and is separated from the Groundhog block by the Wakusimi River fault. It has a positive aeromagnetic and gravity signature and comprises metamorphosed to granulite facies units, including tonalite gneiss, and the Borden Lake belt that generally downgrade to the west into the WGD. The WGD is composed of tonalite, tonalitic and granodioritic orthogneiss plutons and kilometer-scale belts of predominantly amphibolite facies mafic gneiss and paragneiss, and occurs between the southern Val Rita block and Chapleau blocks and the Michipicoten greenstone block to the west. Towards the southern limits of the KSZ, there is a relatively continuous metamorphic and structural gradient representing a 15-km thick section of accreted crust. This accreted crust consists of a series of metaplutonic and metasupracrustal belts. The largest and most extensive of the metasupracrustal belts is the Borden Lake belt (Burnstall et al., 1994), a 5 km by 25 km zone that strikes at a high angle across the amphibolite-granulite transition. (Percival and McGrath, 1986, Burnstall et al., 1994, Heather et al., 1995).


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Figure 7.4 Regional Geology Map of the Kapuskasing Structural Zone Area and Surrounding Superior Province*

* BLFZ: Budd Lake Fault Zone; BRF: Bad River fault; FF: Foxville fault; ILFZ: Ivanhoe Lake Fault Zone; KF: Kineras fault; SLF: Saganash Lake fault; WRF: Wakausimi River fault (after Percival and West, 1994)


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The Chapleau block is believed to be transitional into the low-grade granite-greenstone terrane of the Michipicoten belt or may be separated from the rest of the Wawa subprovince by the Wakusimi and Lepage fault traces. It is a north-northeast trending, elongate block comprising highly metamorphosed supracrustal and intrusive rocks that have been altered to gneisses and migmatites, within the KSZ. To the east, the margin is defined by the Ivanhoe cataclastic zone; however, the western edge is poorly defined. The Chapleau block consists of granulite and upper amphibolite facies gneisses and foliated rocks, which can be assigned sedimentary, volcanic or igneous protoliths. Mafic and intermediate granulites, possibly of volcanic derivation, are intruded by the Shawmere anorthosite complex, which is a folded sill-like body that contains rocks with highly calcic plagioclase. Foliation trends within the Chapleau block illustrate a shallow arc, from north-northeast in the east, to nearly easterly in the south. Dips vary, typically being moderate to the northwest. The pattern of foliation orientations and the location of lithologic units may be interpreted as being due to regional distortion of easterly trending units by sinistral ductile shears along the eastern margin of the KSZ. However, areas close to this eastern boundary, adjacent to the Ivanhoe Lake cataclastic zone, exhibit steep westerly dips and equivocal kinematic indicators (Williams et al., 1991).

Between Chapleau and Foleyet, the KSZ consists of northeast-striking, northwest-dipping belts of paragneiss, migmatitic mafic gneiss, ultramafic gneiss, dioritic to tonalitic gneiss and locally gneissic meta-anorthosite. Mafic rocks are characterized by garnet+diopside+orthopyroxene mineral assemblages indicative of high-pressure, granulite-grade metamorphism. To the northwest, lower-grade mafic rocks are diopside-bearing but garnet is absent (Hartel et al., 1996).

Three dyke swarms are present within the KSZ and provide constraints on its uplift history. These include the Matachewan (2454+2 Ma), the Biscotasing (2167 Ma) and the Kapuskasing (2040 Ma) dykes. The Matachewan dykes are absent in the Chapleau block but present in the Groundhog River block. They extend northwest for an estimated 500 km from a focal point near Lake Huron. The east-northeast trending Kapuskasing dykes occur within and west of the KSZ. The Biscotasing swarm trend east-northeast and occur east of the KSZ (Percival and West, 1994).

7.2 Local and property geology

The Borden Lake belt is an east-west trending, supracrustal assemblage occurring in the eastern part of the WGD. Current work suggests that it is comprised predominantly of metasedimentary units, including a distinctive polymictic metaconglomerate, with subordinate layers of mafic and felsic metavolcanics and mafic gneisses (Figure 7.5). The belt can be traced continuously for 35 km to the east and is considered to be one of the youngest in the KSZ (Percival and McGrath, 1986; Burnstall et al., 1994; Percival and West, 1994; Heather et al., 1995). Proximal to the Borden Lake belt, is the Borden Lake complex, an alkalic rock body with a Pb-Pb isochron age of 1872 Ma (Bell et al., 1987).


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Figure 7.5 Local Geology Map of the Borden Gold Area*

* After Percival and West, 1994

In the vicinity of Borden Gold, deformed pebble metaconglomerate occurs in association with quartz metawacke and amphibolite. An outcropping of the conglomerate consists of stretched-pebble metaconglomerate with a strong rodding lineation (Figure 7.6) and weak, gently north-dipping foliation. The rock is a clast-supported conglomerate containing ~10% matrix of garnet-hornblende-biotite-quartz. The cobbles, which range up to 1 m in length, are felsic metavolcanics, metasediments, granodiorite, tonalite, plagioclase-porphyritic meta-andesite and amphibolite, with rare hornblendite and vein quartz. The metaconglomerate is spatially associated with amphibolite and paragneiss to the south on Borden Lake, and is cut by granite, however, the stratigraphic relationships of the supracrustal rocks are unknown. Zircons dated at 2664 +12 Ma have been found in tonalitic cobbles extracted from the metaconglomerate. The zircons have a corroded appearance and produced discordant data points and, hence, this age is open to interpretation. The zircons could preserve the original crystallization age of the source pluton for the cobbles, or they could record a later deformation-metamorphic event (Percival et al., 1983).

Within the mafic metavolcanics and dioritic gneisses of the Borden Lake belt, there is layering (Figure 7.7) that parallels the steeply dipping gross lithological layering and constitutes the earliest recognized fabric which predates a 2677 Ma granodiorite (Moser, 1994). Isoclinally folded, this foliation and an associated planar fabric are represented as flattened cobbles in the Borden Lake metaconglomerate. Evidence of the shear and strain activity in the area is illustrated by boudinage structures in various lithologies (Figure 7.8).


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Figure 7.6 Stretched-pebble Meta-conglomerate

Elsewhere in the KSZ, high-grade metamorphic rocks yield concordant U-Pb zircon dates of 2650 Ma to 2627 Ma. Generally, U-Pb zircon dates are considered to record the age of crystallization of the zircons, which, in this instance, are of metamorphic origin. As such, this would imply that metamorphism in the Kapuskasing zone occurred from 2650 Ma to 2627 Ma, 25 Ma to 50 Ma after tectonic stabilization of much of the rest of the Superior Province. A discrete burial and metamorphism event, restricted to the KSZ, could explain the deformed metamorphosed conglomerate cobbles from Borden Lake which have zircon dates of 2664 Ma (Percival et al., 1983).


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Figure 7.7 Layering in Meta-volcanics and Dioritic Gneisses

Following the early deformation within the WGD and the Michipicoten belt, the Borden Lake metaconglomerate, and potentially the whole supracrustal belt, appear to have been juxtaposed against the contiguous mid- to deep-crustal rocks. Therefore, the relationship is unclear between the earliest deformation phases in the WGD to those in the Borden Lake supracrustal belt. If the Borden Lake belt is allochthonous, it was emplaced prior to the earliest structures that can be confidently demonstrated to affect both terranes. These are younger than 2667-2664 Ma (conglomerate age), and may be 2661 Ma, indicating that juxtaposition of this supracrustal belt and the surrounding gneiss had occurred by that time (Moser, 1994; Burnstall et al., 1994). Burnstall et al. (1994) conclude that the Borden Lake belt, including the metaconglomerate, was finally assembled shortly before high-grade metamorphism affected it at 2660 Ma. Rapid burial of the Borden Lake conglomerate is inferred to have occurred from 2667-2660 Ma and movement on the Puskuta Shear Lake zone may have occurred in this period but the relationship between these two events is unknown.


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Figure 7.8 Garnet-rich layer boudinaged within ductily foliated amphibolite

Several models have been proposed to explain the Borden Lake conglomerate. These include an origin as part of a tectonic underplate (Krogh, 1993), a tectonically-buried Timiskaming-type conglomerate of the Swayze belt (Moser, 1994) and a tectonic sliver of the Timiskaming-type conglomerate ingested along an east-west transcurrent fault zone (LeClair et al., 1993). Percival and West (1994) indicate that given the <2667 Ma age of the unit and evidence for continued high grade metamorphism in the KSZ during the period 2665-2625 Ma, the most likely explanation is the last.

7.3 Mineralization

The gold mineralization at the Borden Gold deposit occurs as a broad zone of disseminated and fracture-controlled sulphides within a volcano-metasedimentary package of variable composition. The main sulphides are pyrite and pyrrhotite, with the former typically dominating. The mineralization generally consists of low- to moderate-grade gold, with minor silver, and is characterized by a persistent higher-grade core surrounded by a lower-grade envelope. Results to date indicate that the higher-grade core improves in grade towards the southeast where it develops into a High-Grade Zone (HGZ) with average grades typically above 2.5 g/t Au.


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The northwest portions of the deposit are characterized by local silicification but lack lithological control and quartz veining; while to the southeast a well-developed hydrothermal system consisting of local quartz flooding and potassic alteration predominates and defines the HGZ. The broad mineralized zone encompasses multiple/variable host rocks, dominated by metasedimentary horizons and subordinate intrusives of acidic to intermediate composition, all of which display feldspathic, chloritic and biotitic alteration (Figure 7.9). Outcropping in the northwest parts of the deposit, the lower-grade mineralization rarely exhibits visible gold grains, while in the southeast HGZ it is much more common, particularly in the quartz-rich core (Figure 7.10). A higher-grade core is also consistently present within the lower-grade zone, locally attaining very high grades reminiscent of the HGZ.

Figure 7.9 Photograph of Biotite Felsic Gneiss, typical of the lower grade mineralization

The deposit displays continuity and is consistently intersected along strike, reaching a current length of 3.7 kilometres, while remaining open in both the northwest and southeast directions. Structurally, the deposit is described by a consistent northeast dip and, locally, a shallow southeast plunge, which is mostly evident in the HGZ (Figure 7.11). Mineralization appears to be controlled by a ductile shear zone, which appears much better developed in the HGZ. The mineralized zone is up to 120 m wide, and has been confirmed to a vertical depth of approximately 650 m.


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Figure 7.10 Photograph of Quartz Flooding (a) and Pegmatite with visible gold grain (b), both typical of the High Grade Zone

Figure 7.11 Typical Cross Section of the Borden Gold Deposit

Gold grain


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8 Deposit types

8.1 Deposit classes

The interpreted regional geology is conducive to hosting a variety of deposits notably niobium-tantalum-phosphate in carbonatite ring complexes and epigenetic gold deposits which are spatially associated with secondary structures within, or in close proximity to, major regionally extensive structures. This section focuses on epigenetic gold mineralization of the mesothermal style, which is considered an appropriate model for the Borden Gold deposit. Epigenetic gold deposits had not been discussed within the Borden Gold area prior to Probe’s involvement and a full paragenetic model has yet to be developed.

Mesothermal gold types fall into three sub-classes, dependent upon host-rock characteristics, rheological properties and permeability, as follows (Murahwi et al., 2012):

auriferous quartz veins where gold occurs within extensional or shear fracture veins, often associated with pyrite or arsenopyrite

altered wall rock (+quartz veins) where gold occurs mainly within the deformed and altered wall rock adjacent to the quartz veins

disseminated gold associated with local silicification and disseminated sulphides

Overlaps may exist between the classes, especially in the altered wall rock subclass.

Owing to its metamorphic grade, the Borden Gold deposit is markedly different from most known Archean-aged mesothermal gold occurrences. On the basis of visual evidence, which is yet to be supported by detailed petrographic studies, it is believed that the Borden Gold deposit is most closely associated with the disseminated gold sub-class.

8.2 Genetic model

Epigenetic gold occurrences in general are often found to cluster within structurally complex areas that are characterized by regionally extensive faults or terrane-bounding structures, which most likely tapped deep fluid sources. These regional structures are the primary control on the location of epigenetic gold deposits. Intense deformational events within the KSZ accompanied by large-scale/widespread metamorphism and plutonism likely generated the fluids that were responsible for transporting and depositing gold.

While detailed investigations of the Borden Gold deposit are still underway, the data suggests that the deposit resembles other structurally controlled, Archean lode gold deposits, displaying both a high-grade core and a disseminated, lower-grade alteration halo associated with a ductile shear zone.


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The deposit is characterized by significant zones of intense quartz flooding hosting high-grade, low-sulphidation gold mineralization, surrounded by intensely altered wallrocks containing biotite, chlorite and abundant disseminated sulphides. It is possible that high-grade mineralization was formed in a more dilational part of the ductile shear where higher temperatures, high fluid flow, and low fluid-rock ratios resulted in low-sulphidation, high-grade gold mineralization, while lower-grade mineralization and alteration was generated in a more restricted fluid regime where high fluid-rock ratios and lower temperatures generated an alteration assemblage consisting of biotite, suggesting a potassium- and magnesium-rich fluid, and abundant sulphide through the interaction of a sulphur-bearing fluid with iron-rich wall rocks. Under this model, the lower-grade mineralization in the northwest part of the deposit would essentially be considered a broad, and well-developed, alteration zone surrounding the main fluid system.

Although the understanding of this deposit is improving a considerable amount of work is still needed in order to better understand the controls on mineralization and ultimately the best genetic model for the Borden Gold deposit. Work is continuing and is focused on geochemical and petrographic characterization of the mineralized zone, as well as structural and petrologic studies of the deposit area. These studies are expected to advance the knowledge of the deposit and provide information to aid further exploration.


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9 Exploration

9.1 Exploration history

Probe began exploration on selected claims of the Borden Gold property in 2010. Exploration has primarily consisted of diamond drilling as described in Section 10 of this report. Other activities include geophysics, mapping, prospecting and sediment sampling.

The first phase of exploration completed by Probe on the Borden Gold property was a helicopter-borne VTEM and aeromagnetic survey in the spring of 2010. A total of 234.2 line-km of geophysical data were acquired during the survey. The block was flown in a north to south (N 0° E/N 180° E) direction, with a traverse line spacing of 100 m wherever possible. Tie lines were flown perpendicular to the traverse lines at a spacing of 1,000 m in an east to west (N 90° E/N 270° E) flight direction. The VTEM survey was expanded in 2011 to cover all of the Borden Gold wholly owned claims at which point a total of 1373.2 line-km were flown.

Based on the geophysical results obtained, a number of structures and magnetic anomalies were identified across the property. Typically, higher EM conductances are considered to be more typical of massive sulphide targets containing abundant sulphides of higher conductance, such as chalcopyrite (copper) and/or pyrrhotite (associated with nickel sulphides), or graphite, while low to moderate conductances might be considered more typical of massive sulphides associated with sphalerite (zinc), galena (lead) and pyrite (iron). Although gold is an excellent conductor, it does not typically occur in sufficient concentration to create a significant anomaly. Accessory mineralization such as pyrite or pyrrhotite, if present with gold, may produce an anomaly that could indirectly indicate a gold bearing horizon or assist in following a known gold horizon, however the existence of such a conductor does not imply an association with gold.

In addition to drilling, during the summers of 2012 and 2013, Probe conducted both local and regional exploration programs. Activities included mapping; prospecting; rock, soil, lake water and lake sediment sampling. In 2012, 462 rock samples and 2,130 sediment samples were collected on the Borden Gold and Borden South JV property. In 2013, 106 rock samples and 410 sediment samples were collected.

Results of these activities have been used to develop a geological interpretation of the Borden Gold Property that correlates with the lithological, stratigraphical and textural characteristics observed in the drill core. Given the lack of historical work locally and regionally as well as the change in the scope of the deposit with the discovery of the high-grade zone, this interpretation is still in progress.

9.2 Current exploration

Local and regional exploration continues with plans for the summer of 2014 focusing on a structural analysis of the deposit and surrounding areas within the property. A ground IP survey was initiated in the winter of 2014 over Borden Lake and was extended onto the land in the spring. Results of the ongoing programs will aid in understanding the genetic model of the Borden Gold deposit, as well as highlight additional areas to target for potential exploration drilling. Deposit definition and infill drilling will continue throughout the remainder of the year.


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10 Drilling

10.1 Overview

10.1.1 Introductory Note

Guided by the results of the 2010 VTEM airborne geophysical survey, and the presence of surface gold outcropping in the central part of the property, Probe conducted a first phase diamond drilling program in the summer of 2010. The initial target was a surface gold occurrence coincident with a weak airborne conductor. Owing to the positive results of the first phase drill program, a second phase drill program was initiated in December, 2010 to July, 2011, followed by a third phase from August, 2011 to March, 2012. Results to July 2011 were used in the initial Mineral Resource estimate, while results to March 2012 were used in an updated resource estimate, both of which were prepared by Micon. A fourth phase program was completed from April 2012 to November 2012, the results of which were used to complete a second update to the resource estimate, which was completed by P&E Mining Consultants. The current resource estimate presented in the current report, was based on an additional fifth phase of drilling conducted from December 2012 to April 2014. A sixth phase of drilling is currently in progress.

10.1.2 Drilling/Logging/Sampling Protocols

The drilling company contracted by Probe in July 2010 was Norex Drilling Ltd. of Timmins, Ontario. From December 2010 on, Major Drilling (formerly Bradley Bros. Drilling) has been the drilling contractor. All drilling is supervised by the project and drill geologists.

Collar positions and elevations are established by the drill geologist along traverses aligned approximately perpendicular to the strike of the deposit using a hand held GPS, which has accuracy levels of +/- 5 m to 8 m. Down-hole surveys are completed by the drilling company (supervised by the geologist) using a Reflex EZ shot Survey instrument to determine hole dip and azimuth. Survey readings are taken at 50 m intervals.

Drill core is transported to the core storage facilities at the end of each shift. Prior to sampling the core, technicians complete geotechnical logging which includes the measurement of the total core recovery (TCR) per run (3 m) and the determination of the rock quality designation (RQD) per run. During geotechnical logging, the core is placed back together (where appropriate) and depth blocks are checked. Geological detailed logging is performed by the geologist upon completion of the geotechnical logging. Data in the geological logs include mineralogy, mineralization percentages, alteration, structural features, lithological contacts and the sampling intervals and descriptions. Typical samples are 1 m length, but increased variability in mineralization results in the collection of more samples. Additional information collected includes specific gravity of the core and point load testing.

10.2 First phase drilling

The purpose of the first phase of drilling was to confirm the surface gold discovery in the sub-surface. During July, 2010, eight drill holes of NQ size core were completed for a total of 787.9 m. The program was the first drilling on claim number 4227868 and all holes were collared on this claim. Drillholes included BL10-01 to BL10-08.


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Drill hole BL10-01 was collared on the surface gold showing and drilled towards the southwest. The hole was stopped at 38 m due to uncertainty over the attitude of the rock units. The drill hole intersected felsic gneiss with a small 0.3 m intersection of pegmatite at 31 m. The felsic gneiss was predominantly paragneiss (classified as felsic gneiss (S)) with an 11 m intersection of orthogneiss (classified as felsic gneiss (G)) immediately above the pegmatite interval. Hole BL10-02 was collared 66 m to the southwest of BL10-01, with a dip of -60

o, and drilled in a northeast direction owing to observed foliations in nearby outcrop.

Hole BL10-03 was collared from the same setup, at a dip of -45o. Both holes intersected

trace to 5% fine grained disseminated pyrite and pyrrhotite throughout, with sections of medium to coarse grained blebby, streaky and schlieren textures noted. Localized schlieren of sulphides within the alteration haloes was also noted. Alternating layers of pegmatite and orthogneiss or paragneiss were encountered in the drill core. The content of biotite and garnet varies in the paragneiss from 5-60% biotite and/or 0-5% garnet; and two varieties are classified as biotite felsic gneiss and garnet biotite felsic gneiss, respectively. Other sub-classifications of felsic gneiss described in the core, based on mineral components and postulated origin include: mixed pegmatite, granitic (G) (orthogneiss), sedimentary (S) (paragneiss), conglomerate (C) (paragneiss), and alkali feldspar rich (K-spar) (orthogneiss). Rocks vary from being massive and weakly foliated to moderately or well foliated, and from fine- through medium- to coarse-grained.

Drill hole BL10-04 was collared in the same location as BL10-02 and BL10-03 but the direction was changed to southwest. Detailed analysis of the core axes in BL10-02 and BL10-03 indicated that the units dip towards the northeast. BL10-05 and BL10-06 were drilled approximately 60 m to the southeast along strike of holes BL10-01 to -04, with both being drilled in a southwest direction. BL10-06 was collared 55 m northeast of BL10-05. BL10-07 was collared 250 m southeast along strike of BL10-01 to -04 (190 m southeast of BL10-05) and drilled towards the southwest. All four drill holes, BL10-04, BL10-05, BL10-06 and BL10-07, intersected the same rock units as BL10-02 and BL10-03.

BL10-08 was collared approximately 200 m to the southwest of BL10-02,-3,-04 and drilled to test a parallel airborne EM conductor. The units consisted of alternating pegmatite and paragneiss of the sedimentary and quartz pebble varieties. The paragneiss contained trace to 2% disseminated pyrite and/or pyrrhotite. The hole ended in garnet biotite felsic gneiss that contained disseminated, streaky and blebby pyrite and pyrrhotite of 1% each.

10.3 Second phase drilling

In December, 2010, a second phase program of 69 holes designed to follow up on the successful results of the summer program was initiated. One of the three rigs deployed to the property is depicted in Figure 10.1. All Phase II drilling was NQ-sized core. Drillholes BL10-09 to BL11-77 were completed for a total of 15,730 m.

The program was successful in extending the initial discovery area to the northwest and southeast over a total strike length of approximately 1,600 m and from surface to a depth of at least 340 m. The mineralized zone remained open in all directions along strike and at depth.

All the drill holes in the second phase program intersected the same rock units as in the first phase program. In addition, a new unit, the quartz feldspar porphyry (QFP), was encountered in some of the holes and occurs as quartz and feldspar phenocrysts within a siliceous matrix.


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All the holes intersected broad zones of low-grade gold mineralization with localized high-grade intervals. The mineralized intervals for the first and second phases of drilling are summarized in Appendix E.

Figure 10.1 Boyles 35 Diamond Drill Rig in Northwest Section of the Borden Gold Deposit

10.4 Third phase drilling

The third phase drilling involved infill, step-out and deeper holes. In total 90 holes, BL11-78 to BL12-167, were drilled from August, 2011 until March, 2012 for a total of 26,934 m. All core was NQ sized. The most significant intersections are summarized in Appendix E.

The third phase drilling increased the strike length and depth of the Borden Gold deposit to 2,200 m and 500 m, respectively.


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10.5 Fourth phase drilling

The fourth phase drilling involved infill and deep holes. In total 146 holes, BL12-168 to BL12-313, were drilled between April, 2012 and November, 2012 for a total of 51,403 m. All core was NQ sized. Significant intersections from the fourth phase program are summarized in Appendix E.

The results of the fourth phase program were significant, resulting in the discovery of the HGZ, and changing the scope and interpreted model of the Borden Gold Deposit.

Prior to the discovery of the HGZ, the deposit was characterized by a higher-grade core surrounded by a lower-grade mineralized envelope, demonstrated by hole BL10-010 (Discovery 0m), which contains a 41 metre intercept averaging 3.3 g/t gold within a broader zone of 182 metres grading 1.1 g/t gold. Hole BL12-256 on 1200 mSE, the first hole to intersect the HGZ, returned a 51 m interval averaging 10.3 g/t, illustrating the presence of much higher grades than previously encountered.

10.6 Fifth phase drilling

A fifth phase of drilling was conducted from December, 2012 until April, 2014 and comprised infill, step-out and deep holes. A total of 310 drillholes, BL12-314 to BL14-619 (excluding BL14-613) were completed. Five holes were wedged off parent holes to reduce the time and cost of drilling deep holes. The majority of the holes drilled were NQ sized, however a total of 1109.7 BQ-sized metres were drilled in the lower sections of 6 holes. Due to technical issues, core size was reduced to complete the hole(s). This phase involved two ice drilling campaigns, both of which successfully extended the deposit along strike in a southeasterly direction.

10.6.1 High grade zone (HGZ)

The primary focus of the fifth phase drilling was to better define the HGZ intersected in the fourth phase program. This initially started with land-based drilling and in the winter of 2013, Probe conducted its first ice-based drilling campaign. The first drill hole of the program, completed on section 1700 mSE, 400 m southeast of the last drilled section (1300 mSE) and 500 m southeast of the HGZ discovery (on 1200 mSE), successfully intersected the HGZ. Drill holes on sections 1800 mSE and 1900 mSE intersected the HGZ, and the deposit was extended out to 1900 mSE. Two ice-based holes were drilled on 1100 mNW, which successfully hit mineralization, extending the deposit in a northwesterly direction as well.

Given the success of the ice program in confirming the continuation of the HGZ to 1900 mSE, infill drilling continued from land along the southeastern extension of the deposit from section 1500 mSE to 2000 mSE at 50 m spacing. Mineralization was intersected on each section.

Infill drilling was also completed towards the northwest to expand the HGZ along sections 950 mSE to 1150 mSE. These holes were particularly important as they demonstrated increasing grades at shallow depths (220-250 m) within the northwest end of the HGZ and indicated that the HGZ was still improving within its known strike length.

In the winter of 2014, Probe conducted its second ice-based program, stepping out from section 2100 mSE to 2600 mSE, drilling on 100 m spacing. The HGZ was once again intersected and defined the deposit along a total strike length of 3.7 km (section 1100 mNW to 2600 mSE).


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10.6.2 General infill drilling

In the summer of 2013, a small 25 m spaced infill drilling program was implemented near the original discovery section (0 m). The purpose of the program was to investigate grade variability and the potential to increase grade in the bulk tonnage zone through tighter spaced sections. The program was successful in delineating higher-grade mineralization within the bulk tonnage zone. Further 25-metre infill drilling is currently being planned for other areas of the deposit.

Most of the other infill holes drilled demonstrated improvement within the test areas and/or support of the consistency and continuity in mineralization. Holes that returned weaker results typically fall in the periphery of the mineralized zone and were designed to test the vertical limits of mineralization.

Significant intersections from the fifth phase program are summarized in Appendix E. The layout of the drill hole collars for all drilling campaigns from July, 2010 to April 2014 are shown on Figure 10.2.

10.7 Current drilling

The sixth phase of drilling commenced in May 2014 and continues to infill along the HGZ. Infill drilling will also be completed in other areas of the deposit, including the area defined by the pit shell referenced in this report, with the purpose of increasing grade and resource classification. Additional 25m sections will be selected as part of the infill program.

Probe Mines Limited: Mineral Resource Estimate Update Borden Gold Project: Error! Unknown document property name.

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Figure 10.2 Map Showing Drill Hole Collars

Probe Mines Limited: Mineral Resource Estimate Update Borden Gold Project: NI43-101

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11 Sample preparation, analyses, and security

11.1 Sample preparation

Probe uses Activation Laboratories Ltd. (Actlabs) located in Timmins, Ontario, Canada, as the primary laboratory for sample preparation and assaying since May 2011 for the Borden Gold project. The first batch of primary samples from this laboratory was received on June 9

th, 2011. The primary laboratory before May 2011 was Accurassay Laboratories

(Accurassay), located in Thunder Bay, Ontario, Canada.

Probe’s QA/QC program was implemented and initially supervised by P&E Mining Consultants Inc.. In November 2011, Probe began monitoring the QA/QC program in-house, with the assistance of P&E personnel during the transition.

Probe supplied Snowden with a QAQC database, in Microsoft excel format, containing the QAQC results for all drilling up to 16 February 2014 and from 17 February 2014 to 07 May 2014. At the Borden Gold Project, all samples are from diamond drill core, usually with diameter NQ.

The QAQC protocol at the Borden project includes the use of standards to monitor the analytical accuracy; field duplicates to monitor the sampling, sample preparation and assaying precision; along with blanks to monitor contamination during sample preparation and assaying. Typically, two standards, one blank and one ¼ field duplicate are included every 40 samples. The internal laboratory QAQC is also monitored. Probe informed Snowden that duplicate samples are sent to Actlabs on regular basis but are not currently sent to a secondary laboratory for external check.

11.1.1 Sample preparation and assay methodology

Upon completion of the logging and demarcating the sample intervals, technicians cut the core in half with a diamond saw except for material which is highly fractured and/or carrying clay minerals, which is divided manually with hammer and chisel. One half of the core is bagged, tagged with a sample number and then sealed; the other half is put back in the core boxes. A second tag is placed in the box, under the core, at the end of the sample interval to mark the sample interval. In addition, the sample number is written on the half core remaining in the box to further identify its location. A tag with a sample identification (ID) number is placed in each sample bag before being sealed. The sample ID number is also written on the outside of the sample bag. Samples are then grouped into batches before being placed into rice bags, along with the QAQC samples. Each rice bag is also sealed before being dispatched to the Actlabs facilities in Timmins, Ontario.

Samples from the Borden Gold diamond drill core were initially sent to Accurassay Laboratories (Accurassay) in Thunder Bay, Ontario, up to drill hole BL10-028. Samples from drill holes BL10-029 to BL11-114 were sent to Activation Laboratories Ltd. (Actlabs) in Timmins, Ontario. Samples from drill holes BL11-115 to BL11-140 were sent to Accurassay. From drill hole B11-141 onwards, all samples have been sent to Actlabs.

Upon receipt of the samples, laboratory personnel ensure that the seals on rice bags and individual samples have not been tampered with. Thereafter, the laboratory acknowledges delivery of the sample shipment in good order. Sample preparation and analysis were carried out at the respective Accurassay or Actlabs laboratories.


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At Actlabs in Timmins, samples are dried and then crushed to 90% passing 2 mm (-10 mesh). The samples are then riffle split and 250 g are pulverized to 95% passing the -150 mesh. Cleaner sand is automatically used between every sample to avoid contamination. All crushing and pulverizing equipment are TM Engineering Terminators and ESSA LM2 pulverizers which are state-of-the-art sample preparation equipment. One in forty samples has a second pulp prepared from the reject as a QC check. Pulp duplicates are also routinely prepared (1 in 30). Quality of the rejects and pulps are routinely monitored to ensure proper preparation procedures are performed.

Gold is determined using fire assay fusion on a 30 g aliquot with an atomic absorption (AA) finish. The lower and upper detection limits are 5 ppb to 3000 ppb. The samples with Au over 3000 ppb are re-analysed with Fire Assay-Gravimetric with rerun of the samples over 10,000 ppb.

The processing and analytical techniques employed by Accurassay are broadly similar to those employed at Actlabs.

11.2 Review of the QAQC data

The QAQC data was reviewed by Dr. Adrian Martinez-Vargas under the supervision of Walter Dzick, both from Snowden. Snowden is satisfied that Probe’s drilling and sampling protocols are in line with the CIM best practice guidelines. No drilling, sampling or recovery factors have been identified that could result in sampling bias or otherwise materially impact the accuracy and reliability of the assays and, hence, the resource database

11.2.1 Field Duplicates

Probe provided Snowden with 475 duplicate samples from Accurassay and 4279 from Actlabs with cut-off date 16 February 2014. Probe also provided Snowden with 727 duplicates for new drilling with effective dates from 17 February 2014 to 07 May 2014, all assayed at Actlabs. All the drilling to date at the Borden project is by diamond core drilling, with half core samples collected. Field duplicates are inserted into the sample batches at a nominal rate of one duplicate sample every 40 samples, resulting in approximately 2.5% of samples being duplicated. The spatial position of the duplicates is representative of the entire deposit.

The field duplicates show that a reasonable level of precision is being achieved for the diamond drillcore samples for gold at Actlabs and Accurassay. Approximately 90% of the duplicate pairs show a difference of less than 31% for gold in Actlabs and 13 to 40% in Accurassay, as measured by the HARD statistic, (Figure 11.1, Figure 11.2 and Figure 11.3). In addition Snowden reviewed the bivariate statistics and QQ plots and no evidence of bias was identified. Snowden considers this an acceptable outcome.


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Figure 11.1 Ranked HARD plot Au drillcore field duplicates (Actlabs, thru 16 February 2014)

Figure 11.2 Ranked HARD plot Au for drillcore field duplicates (Accurassay)

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Figure 11.3 Ranked HARD plot Au for drillcore field duplicates (Actlabs, 17 February 2014 - 07 May 2014)

11.2.2 Certified reference materials (CRM’s)

CRM’s are inserted into the sample batches to assess the analytical accuracy of the laboratory assays. Eight CRM’s have been used by Probe in the Borden project since 2010. All CRM’s are sourced from ORE Research & Exploration Pty Ltd, Victoria, Australia.

Probe informed Snowden that the CRM’s are inserted into the sample batches at a nominal rate of one CRM every 20 samples. Under the pass/fail criteria for the gold CRM’s, if measured concentrations in CRM’s differ from accepted values by more than three standard deviations, the batch fails and is reviewed for further action to resolve the failure. Typically, Probe re-assayed 5 to 10 samples before and after the sample CRM failures and the CRM itself. Any failures demonstrated were resolved, primarily due to the rerun of the failing CRM’s with a subsequent pass; the other CRM’s in the same batch passing the QAQC; as well as conformance of the lab’s QC and/or low grade results in the certificate.

Analyses by Actlabs of CRM samples shows for gold assays, less than 1.3% to 1.5% of results outside the three standard deviation control limits. In Accurassay less than 6.3% of gold grades are outside the three standard deviation control limits except for the certificates OREAS 68a and OREAS H3, but these two represent a small proportion of the samples in the deposit and the samples around the failures were re-assayed. Overall, Snowden believes that, whilst some results are outside the control limits, the CRM results show good analytical accuracy is being achieved at the Actlabs and Accurassay laboratories, with no evidence for analytical bias.

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11.2.3 Blanks

Blanks are inserted into the sample batches to assess contamination, which may occur during sample preparation and assaying. Probe informed Snowden that pre-packaged pulverized material was initially used as blanks. The use of this material was discontinued in June 2011. From July to November 2011 Probe used Borden drill core that returned barren results as blanks but this material was found to be not “sterile” at times, with the “blank” reported grade higher than the original drill core assay. Since December 2011 Probe has used marble stone from the Canadian stores Home Hardware and Canadian Tire. None of the blanks utilised to date are certified and as such no certificates are available for the blanks material.

The majority of the blanks samples have a gold content below 0.005 ppm Au, with only 0.78% of samples being above this level at Actlabs. At Accurassay blank samples have a gold content below 0.01 ppm Au, with only 1.6% of samples being above this level, and are likely related to the use of the drill core as blank material. These results indicate that, while some blanks samples show elevated gold and silver contents, overall, contamination during the sample preparation and assaying is considered reasonable and within acceptable tolerance intervals.

11.2.4 Check Assays

Probe does not perform duplicate checks on a systematic basis however, a total of 1,394 samples were assayed at Actlabs and Accurassay simultaneously when Probe switched the laboratories but this is not representative of the entire deposit. Snowden recommends implementing a QAQC protocol with regular control check samples in an umpired laboratory. Probe is currently implementing this recommended program.


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11.3 Author's opinion on the adequacy of sample preparation, security, and analytical procedures

Core recovery is generally acceptable in the Project area and Snowden believes that there are no apparent sampling or recovery factors that would negatively impact the sampling procedures.

The core handling and sampling methods are adequate for mineralization of this type. Snowden is of the opinion that sampling methodology is acceptable and generally meets industry standards and that the analytical data is suitable for use in the estimation of Mineral Resources


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12 Data verification

Snowden conducted a site visit in November 2013 and inspected drill core and reviewed drill logs and assay results as a means of verifying the data used in this report. The assay database was further verified for standard errors including;

check for duplicate collars

check for surface collared holes against surface topography,

statistically anomalous downhole surveys, overlapping assay intervals,

zero-length assay intervals,

assay intervals that exceed the total length of the drillhole,

review of assays by grade class,

review of assays statistics by length class,

check for assay values that are consecutively the same,

check for assay spikes.

The database is comprised of 630 drillhole having assay values totalling 222,371 m in length. There were 11 drillholes with no assay values (abandoned).

12.1.1 Site Visit

The Author visited the site for two full days, November 03 and 04, 2013. During the site visit the drill core logging and sample preparation areas were inspected. Snowden verified 20% of the drillhole collars using a Garmin GPS. Snowden inspected the drillhole logs, drill core, and QAQC protocols.

12.2 Qualified person’s opinion on the adequacy of the data for the purposes used in the technical report

It is the author’s opinion that the recent data is considered acceptable for the use in estimation of a Mineral Resource with a reasonable level of confidence. In Snowden's opinion the Probe database is suitable for use in the estimation of a Mineral Resource.


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13 Mineral processing and metallurgical testing

The metallurgical testwork program for the Borden Gold project was carried out in three separate parts: an initial scoping testwork program performed at SGS in Vancouver, British-Columbia in 2011; a continuation of the scoping program in 2012 involving additional composites, also carried out by SGS Vancouver; and an advanced program in 2013 carried out at SGS in Lakefield, Ontario.

13.1 Initial Scoping Metallurgical Program (2011)

The initial scoping level metallurgical testwork was carried out in 2011 by SGS in Vancouver under the supervision and management of Micon on a single drill hole (BL11-MET). Two composites were formed; a low-grade composite (Comp 1 – 1.21 g/t Au) and a high-grade composite (Comp 2 – 3.03 g/t Au). The SGS program on the 2 composites included: mineralogy, gravity, flotation, cyanidation and environmental tests.

More specifically, it covered:

gravity separation of the feed

flotation of the feed and gravity tailings

cyanide leaching of feed, gravity tailings, flotation tailings and flotation concentrate

Different grind sizes and conditions were tested and it was concluded that gold recoveries in the order of 87 to 93% could be achieved using standard industry processing technologies.

13.2 Continuation of Scoping Metallurgical Program (2012)

The second part of the initial scoping level metallurgical testwork was carried out in 2012 by SGS in Vancouver under the supervision and management of BBA Inc. The metallurgical program included: communition, gravity separation, flotation of gravity tailings, and cyanide leaching of gravity tails, flotation tails and concentrate.

Three new composites were generated from the same drill hole, BL11-MET, as the 2011 testwork program. The three (3) composites were produced with different gold head grades, as follows: Composite A (1.25 g/t Au), Composite B (1.09 g/t Au) and Composite C (0.32 g/t Au). In addition, other samples were used for the comminution testwork and were taken from three other drill holes: MET-3, MET-4 and MET-5. The location of these drill holes is shown in Figure 13.1, along with the initial drill hole BL11-MET. (Note: the pit shell outline presented in the Figure 13.1 is obsolete and no longer current)


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Figure 13.1 Metallurgical Drillhole Location

In general, the metallurgical program covered the same items as the initial program, i.e.:


flotation of the gravity tailings

cyanide leaching of the gravity tailings, flotation tailings and flotation concentrate

Gravity showed suitable recovery (20% and more) at a grind of 75 microns for every composite.

Two different flotation optimization programs were conducted in 2012 to verify the effect of liberation (grind) and flotation chemistry (reagent suite). Following an initial program of flotation results, the three composites were blended to produce a new composite with a head grade of 0.89 g/t Au.

The composite was subjected to gravity recovery followed by flotation of the gravity tails and then cyanide leaching of the gravity tailings, flotation tailings and flotation concentrate. The impact of grind and leaching conditions were studied. These results were combined with those of the 2011 metallurgical program and were evaluated to produce a metallurgical recovery curve that was published in the press release of April 25th, 2013. This recovery curve was based on a process route of crushing and grinding; gravity recovery; flotation; cyanide leaching of both flotation products (concentrate and tailings) with gold recovery via a carbon-in-leach circuit; and production of onsite gold doré.


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13.3 2013 Metallurgical Program

The metallurgical program of 2013 continued on a broader range of samples to expand upon the results from the initial programs. The 2013 testwork program, in addition to repeating various tests from the previous program, also focused on testwork to select the optimum flowsheet: whole ore leach or cyanidation of a reground flotation concentrate and flotation residues.

13.3.1 Sample Selection

Twelve (12) different drill holes were used throughout the course of the testwork program. The four 2012 metallurgical drill holes and eight new holes that were drilled in 2013. The locations of those holes are presented in Table 13.1.

Table 13.1 Metallurgical Drillholes (2013 - 2014)

DDH Location Drill Size Program

BL11-MET 0 NW NQ 2012

BL12-MET3 350 SE NQ 2012

BL12-MET4 250 NW NQ 2012

BL12-MET5 550 NW NQ 2012

BL12-09T 000 NW HQ 2013

BL12-12T 100 NW HQ 2013

BL12-28T 100 SE HQ 2013

BL12-121T 750 SE HQ 2013

BL12-14T 200 NW PQ 2013

BL12-17T 400 NW PQ 2013

BL13-73T 600 NW PQ 2013

BL13-154T 300 SE PQ 2013

The majority of the drill holes were selected from the north-western portion of the deposit as this would be the location of the open pit, which was the focus of the Borden Gold deposit prior to the discovery of the HGZ.

The deposit presents two (2) main domains: a higher-gold grade corridor that extends longitudinally NW-SE across the deposit and a lower-gold grade background envelope or shell which surrounds the corridor zone. There are two gold deportment modes of interest. Free gold and gold associated to the sulphides (Ss). On that basis, four (4) classes have been proposed: Corridor (hi-Au / hi Ss) and (hi-Au / lo Ss) and Background (lo-Au / hi Ss) and (lo-Au / lo Ss). Four (4) composites were generated for the 2013 metallurgical testwork program as shown in Table 13.2.


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Table 13.2 Open Pit metallurgical composites

Composite Name Au (g/t) S (%)

2013

Composite 1 3.22 2.46




13.3.2 Underground samples

In addition to the communition and metallurgical testwork performed for the samples from the open pit a minor metallurgical program was undertaken to assess the metallurgical response of material, located east of the previous metallurgical holes within the HGZ.

A total of 12 new drill cores from the eastern extension of the deposit were shipped to SGS Lakefield. The cores were chosen based on their gold mineralization level. Four (4) new composites were blended for the metallurgical testwork. The composition for the underground composites differs from the open pit composites as the gold bearing lithologies transition from biotite-rich alteration assemblages (open pit) to more quartz-rich vein and felsic assemblages (underground). Gold and sulphur assay for the four composites are shown in Table 13.3.

Table 13.3 Underground Composite Assay

Identification Au (g/t) S (%)

Composite 1 High-Grade FG 6.47 1.55

Composite 2 High-Grade Pegmatite 9.52 1.02

Composite 3 Low-Grade FG 1.90 1.81

Composite 4 Low-Grade Pegmatite 1.81 0.72

13.3.3 Metallurgical Results

In general, the metallurgical program covered the same items as the 2012 program, i.e.:


flotation of the gravity tailings

cyanide leaching of the gravity tailings, flotation tailings and flotation concentrate

All samples were subjected to gravity before processing. For the open pit samples, the results were similar to previous campaigns with 20% or more gold recovered in the gravity circuit with a P80 grind size of 75 μm. Gravity results for the high-grade underground Composites 1 and 2 were much higher with gold recovery of at least 60%.

Flotation tests were then performed followed by leaching tests on the gravity tails, the flotation concentrate and the flotation tailings. The results of the various tests were analyzed and compared, and it was concluded that the preferred process route for the project was: crushing and grinding; gravity recovery; cyanide leaching of the gravity tails with gold recovery via a carbon-in-leach circuit; and production of onsite gold doré. Thus, only the results related to this process route will be presented in this section.


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For the composites in the open pit area, the leaching tests were done with stirred tank reactors. The tests were initially performed on Composite 1 (high Au content and high S content), as it represented the most difficult sample to treat. Once the optimum conditions were obtained for Composite 1, the conditions were applied to Composites 2, 3 and 4.

After several iterations, the optimum conditions identified for the leaching of Composite 1 were no pre-treatment and 48 hours leach with 400 ppm cyanide at 75 microns grind size. These conditions were then applied to the three other open pit composites.

For the four underground composites, the program was performed in bottle-rolls at SGS Lakefield facility. The samples were leached for 72 hours while maintaining 2,000 ppm of cyanide concentration.

Figure 13.2 consolidates relevant results for the gravity tails whole ore leach tests. Two (2) leach recovery curves, one at 75 μm and one at 100 μm, are presented and correlation between head grade and gold in residue is established. It is important to note that since the samples were initially processed through gravity the head grade of the samples is much lower than the composite head grades shown in Table 13.2 and Table 13.3.

Figure 13.2 Whole ore leach recovery curve – residues vs. head grade

Further analysis was performed and it was concluded that the optimum target grind is 75 microns. A new grade recovery curve was then generated and was published in the press release of June 10th, 2014. This recovery curve is presented in Figure 13.3.


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Figure 13.3 Recovery curve

13.4 Conclusions

The results from the metallurgical test programs, using typical mineralization collected from the Borden Gold deposit, suggest that metallurgical gold recoveries are in the range of about 83% for a head grade at 1.0 g/t Au to about 95% for head grades above 10 g/t Au. The use of simple processing technologies of crushing and milling, gravity circuit, whole ore leach of the gravity tails, followed by gold recovery via a carbon-in-leach circuit; and production of onsite gold doré is effective.


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14 Mineral Resource estimates

Snowden was requested by Probe, to complete an update of the Mineral Resource estimate for the Borden Gold deposit (“Borden”). This estimate has effective date 07 May 2014 and is an update of the Mineral Resources estimate from March 13, 2012 provided by Micon International Limited. This Mineral Resource update incorporated new drillholes located in an extension of the mineralization to Southeast and infill drilling within the mineralized areas.

14.1 Summary

The Mineral Resources are reported for the Borden Gold Property with effective date 07 May 2014, which is the date of the last drillhole assay provided to Snowden for this estimation. The Mineral Resources were reported at a base case cut-off grade of 0.5 g/t Au, within a conceptual open pit shell generated by BBA Inc. with the software GEOVIA Whittle™, assuming a gold price of US$1,300 and 92% metallurgical recovery. The remaining resources, located to the southeast and below this conceptual pit shell, were reported with a base case cut-off grade of 2.5 g/t Au and constrained within a zone demonstrating potential for underground extraction. The results of the estimate are shown in Table 14.1, Table 14.2, Table 14.3 and Table 14.4. The Mineral Resource was completed by Dr. Adrian Martinez-Vargas under the supervision of the QP for this report, Walter Dzick. The Qualified Person for this Mineral Resource is Walter Dzick.

Table 14.1 Indicated Mineral Resource Estimate sensitivity with potential for Underground extraction

(1, 2, 3, 4, 6)

Cut-Off Au

(g/t)

Cumulative Tonnage

(000’s)

Average Au Grade

(g/t)

Cumulative Au oz

(000’s)

3.5 5,886 6.80 1,286

3.0 7,222 6.14 1,426

2.5 9,262 5.39 1,604

2.0 12,985 4.48 1,870

Table 14.2 Inferred Mineral Resource Estimate sensitivity with potential for Underground extraction

(1, 2, 3, 4, 6)

Cut-Off Au

(g/t)

Cumulative Tonnage

(000’s)

Average Au Grade

(g/t)

Cumulative Au oz

(000’s)

3.5 1,521 5.79 283

3.0 2,125 5.06 346

2.5 3,034 4.37 426

2.0 4,317 3.73 518


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Table 14.3 Indicated Mineral Resource Estimate sensitivity with potential for open pit extraction

(1, 2, 4, 5, 7)

Cut-Off Au

(g/t)

Cumulative Tonnage

(000’s)

Average Au Grade

(g/t)

Cumulative Au oz

(000’s)

1.5 10,647 1,97 676

1.0 27,901 1,50 1,349

0.5 70,301 1,03 2,322

Table 14.4 Inferred Mineral Resource Estimate sensitivity with potential for open pit extraction

(1, 2, 4, 5, 7)

Cut-Off Au

(g/t)

Cumulative Tonnage

(000’s)

Average Au Grade

(g/t)

Cumulative Au oz

(000’s)

1.5 16 1,67 1

1.0 55 1,40 2

0.5 247 0,80 6

(1) Mineral Resources which are not Mineral Reserves do not have demonstrated economic viability. The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, marketing, or other relevant issues. The Mineral Resources in this news release were estimated using the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), CIM Standards on Mineral Resources and Reserves, Definitions and Guidelines prepared by the CIM Standing Committee on Reserve Definitions and adopted by CIM Council.

(2) The quantity and grade of reported Inferred resources in this estimation are uncertain in nature and there has been insufficient exploration to define these Inferred Resources as an Indicated or Measured Mineral Resource and it is uncertain if further exploration will result in upgrading them to an Indicated or Measured Mineral Resource category.

(3) Contained metal may differ due to rounding.

(4) The Mineral Resource estimate stated in Table 14.1 is defined using 5 m by 5 m by 5 m blocks.

(5) The open pit to constrain the resources was generated by BBA Inc, with gold price US$1,300/oz, average mining cost Cdn$2.20/tonne, processing and general administrative expenses cost Cdn$17.37/tonne, a variable process recovery and exchange rate US$1.00= CDN$1.11.

(6) The underground constrained resources excluded isolated blocks out of the pit and includes blocks within the conceptual pit

(7) This figures exclude blocks with underground constrained with centroids within the pit. These blocks were reported as resources with underground potential

14.2 Disclosure

Mineral Resources reported in Section 14 were prepared by Mr Adrian Martinez-Vargas Consultant, a full time employee of Snowden under the supervision of Mr. Walter Dzick Principal Consultant also a full time employee of Snowden.

Mr Dzick is a Qualified Person as defined in NI43-101. Snowden is independent of Probe.


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Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. No economic analysis has yet been made to determine the economic cut-off grade that will ultimately be applied to the deposit at the Borden Gold project.

14.2.1 Known issues that materially affect mineral resources

The recent drillhole data is considered acceptable for the use in estimation of a Mineral Resource with a reasonable level of confidence. Snowden is unaware of any issues that materially affect the mineral resources in a detrimental sense.

14.3 Assumptions, methods and parameters – Snowden resource estimates

The basis of the Mineral Resources estimates for the Borden Gold deposit is discussed in this section.

The estimates were prepared in the following steps:

data validation – this and subsequent steps are discussed below

data preparation

geological interpretation and modelling

compositing of assay intervals

exploratory data analysis of Au

analysis of top cuts

variogram analysis

establishment of block models

derivation of kriging plan and boundary conditions

grade interpolation of Au

validation of Au grade estimates

classification of estimates with respect to JORC guidelines

resource tabulation and resource reporting

14.3.1 Database and data validation

Sample data were provided by Probe in the form of Excel spreadsheets containing a collar table, a survey table, the assays with gold grade in g/t and density table with density in t/m

3.

All the coordinates are metric units and all collar coordinates were in UTM NAD83 Zone 17. Probe also provided Snowden with the current topography.

All the drillholes are considered as actual and were drilled by Probe since 2010. The data was loaded into Datamine software Table 14.5.


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Table 14.5 Drillhole database description

Property Value

General properties

Effective date 07/May/2014

Ownership (QP) Sharon Allan, Probe Mines

Bounding limits (UTM NAD83 Zone 17)

X [329195, 332778];

Y[5302714, 5304372];

Z[-319,467]

Collar

Number of drillholes 630

Number of drillholes with assay 619

Total length(1)

222371 m

Assay Gold (g/t) detection limit 0.005 g/t

Number of assayed intervals 164299

Total length assayed 167219 m

Density (t/m3)

Number of assayed intervals 13774

Total length of assayed 14072

(1) Total length calculated excluding drillholes without assay


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Figure 14.1 Drillhole location in plan view

* Coordinates: UTM NAD83 Zone 17

A new local coordinate system was created with the same rotation around the Z axis existing in the mineralized domain. The actual system of coordinates was transformed to a local system using the rotation reference shown in Figure 14.2.

Snowden carried out a statistical and visual validation of the data prior to estimation and found no significant issues. There are non-assayed drillhole intervals, these intervals correspond to barren material, for example overburden and dykes. The non-assayed intervals were replaced by one-half of the gold detection limit (0.0025 g/t Au). The intervals without density values were assigned as blank.

Detailed data validation and analysis of quality assurance and quality control (QAQC) samples was carried out by Snowden and explained in section 12 of this report.

A total of 13,774 bulk density measurements were provided by Probe within the Borden deposit. The Specific Gravity (SG) measurements were taken from pulp samples by the Actlabs laboratories using ASTM D854 Standard Test Method for Specific Gravity of Soils. The crushed sample passes the 4.75 mm sieve and the SG measurement is performed using a calibrated pycnometer. Snowden notes Probe has begun a wet/dry bulk density measuring program.

Snowden used the SG measurements to estimate density values into the block model. Where there were insufficient bulk density measurements (Figure 14.3), the average values were assigned as 2.78 t/m

3 in the background and 2.96 t/m

3 in the dykes.


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Figure 14.2 Rotation definition in Datamine Studio 3 format

!protom &out(PROT),@rotmod=1 n y 331746.4101615138 5302000 -350 0 0 0 -60 3 0 0 0 0 5 5 5 340 680 170

Figure 14.3 Density sample distribution in plan view

*In red SG assayed in grey non-assayed samples

**Coordinates: UTM NAD83 Zone 17


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14.3.2 Geological interpretation and modelling

As of the effective date of this resource update a complete lithological model was not available. Probe geological staff, believe that there is no direct relationship between the broader lithologic units and gold grades, except for the barren diabase dykes and overburden. It is currently believed the deposit exhibits a fair degree of structural controls with evidence of mineralization being localized along a ductile shear zone.

A threshold grade of 0.3 g/t Au was found to generally identify the broad zones of mineralisation in the drill cores. Micon first proposed this threshold in the March, 2012 Mineral Resource estimate and the proposition was verified by Snowden, as shown in Figure 14.4. As a result, Snowden used a nominal 0.3 g/t Au grade cut-off to define the low-grade mineralised domain for this estimation. Snowden also defined a high-grade domain within the low-grade domain. This high-grade domain represents the area with high density of samples with gold grades over 1 g/t (Figure 14.4). In general, the mineralized intervals with grade over 2.0 g/t Au appears continuous up to 150 m in section, as shown in Figure 14.4. This continuity also exists between sections as shown in Appendix B.

Figure 14.4 Borden Gold section showing gold grades and estimation domains

*Coordinates: UTM NAD83 Zone 17 **The lines in blue are the low grade domain, in red the high grade domain, the topography is in brown and the overburden in orange


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The diabase dykes were modelled by Probe and reviewed by Snowden (Figure 14.5). The modelled dykes are preliminary in nature and further work on these formations continues. The overburden was modelled using the true depth of intersects labelled as “OB” in the geology table and subtracted to the topography.

Figure 14.5 Dykes’ wireframes models for Borden Gold deposit and drillhole traces

**Coordinates: UTM NAD83 Zone 17

Domains used for modelling

Gold grades at the Borden Gold deposit were estimated using the high-grade and the low-grade mineralised domains. The dykes and the overburden were assigned with zero grades. The background, which is the domain around the mineralized domain, was also estimated to include in the model some low-grade material with potential importance for open pit mining.

14.3.3 Flagging Compositing of assay intervals

The validated dataset was flagged by mineralisation domain using the breakdown described in Table 14.6. This flagging process assigned the respective numeric code to the samples within the wireframes representing each estimation domain. Non-assayed large intervals were split to 1 m intercepts before flagging in order to avoid selection errors. Non-assayed intervals were assigned at half the detection limit of gold grades before compositing.

The samples logged as dykes and not included within the dyke’s wireframes were flagged as DYKES and excluded for estimation in other domains. These samples represent a small proportion of the data and correspond to small dykes not enclosed within the wireframe model.


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Table 14.6 Domain codes used in Borden Gold

Domain Code (CMPDOM)

Overburden 1

Background 10

Low-Grade 100

High-Grade 200

Dykes 300

All data was composited to the dominant sample length of 1.0 m prior any statistical analysis and estimation. The composite lengths were adjusted to include all intervals and avoid loss of residual samples (MODE=1 option in Datamine).

After compositing and coding the new drillhole dataset was visually validated to ensure correct flagging within wireframes (Figure 14.6). A statistical validation was run as shown in (Table 14.7). The results of the validation show correct coding and statistical parameters consistent with the raw database.

Figure 14.6 Example of visual validation of the coding process

*Local coordinates

*Wireframe and drillhole code colours are different

Table 14.7 Flagging and compositing statistical validation

Raw Data Flag Composite

Gold mean grade (g/t) 0.286(1)

0.286(1)

/0.214 0.214

Total Length 225341.8 m 225341.8 m 225338.5

(1) excluding non-sampled data and weighting with sample length


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14.3.4 Exploratory data analysis and extreme values treatment

Statistical analysis of the gold grades was carried out by mineralised domain. All histograms of composited assays within the domains exhibit a strong positive skewness with high coefficient of variation and extreme outliers as is normal for a gold deposit. Histograms and log probability plots are located in Appendix B.

There is a significant difference in the statistical distribution of the gold in the estimation domains 10,100 and 200 (Figure 14.7). The density values show similar values in the 10,100 and 200 but significantly different values with domain 300, as shown in Figure 14.8 and Figure 14.9.

Figure 14.7 Comparison of gold grades per domain

*Lines in red are mean grade, the 25,50, and 75 percentiles are in blue


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Figure 14.8 Comparison of density values per domain


Figure 14.9 Comparison of density values distributions


Table 14.7 and Table 14.8 summarise the statistics for gold and density for the mineralised domains. These tables include the statistics calculated on the raw data and with the data after applying top-cut to reduce the influence of the outliers. In the case of the SG values a bottom-cut was applied to remove anomalous low density values. The top-cut for gold was selected as low probability using the CDF plots. The samples over the top cut were plotted and it was verified that there is no clustering of the data.


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For the SG the top and bottom cut values were selected taking into account the shape of the histogram and the lithologies present in the area. The SG values were divided into two groups: the 10,100 and 200 domains were joined as a single SG domain, the second SG domain are defined by the Dykes. There is not sufficient data to run statistics in the overburden material (CMPDOM=1).

Declustering is not necessary in this case because the drillhole spacing is fairly regular along the mineralized domain.

Table 14.8 Summary gold grades (g/t) statistics of composited data for domains

Statistic Domain

10 100 200 10 @2 (1)

100 @15 (1)

200 @40 (1)

Samples 107045 71568 33168 107045 71568 33168

Top Cut Count - - - 64 19 3

Minimum 0.003 0.003 0.003 0.003 0.003 0.003

Maximum 45.855 50.290 324.000 2.000 15.000 100

Mean 0.035 0.176 0.958 0.032 0.174 0.95

St. deviation 0.318 0.575 3.241 0.088 0.445 2.692

CV 9.1 3.3 3.4 2.8 2.6 2.834

Skewness 103.8 36.7 40.6 12.8 16.2 16.38

(1) @ means top cut

Table 14.9 Summary of density statistics of composited data for domains

Statistic Domain

100,200,10 300 100,200,10 @2.57- @3.30 (1)

Samples 15207 167 15207

Bottom Cut Count - - 55

Top Cut Count - - 67

Minimum 0.51 2.66 2.57

Maximum 3.90 3.18 3.30

Mean 2.77 2.97 2.77

St. deviation 0.13 0.11 0.12

CV 0.05 0.04 0.04

Skewness 1.1 -0.6 1.4

(1) @ means top and bottom cut


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14.3.5 Variogram analysis

Estimation of the gold grades within the mineralised domains at Borden involved the estimation of the grade of the background domain (CMPDOM=10), the low-grade domain (CMPDOM=100) and the high-grade domain (CMPDOM=200). The density values were estimated only in the SG domain, which are the background, low-grade and high-grade domains combined (CMPDOM=[10, 100, 200]).

Variograms for density

The experimental variograms for the density values were calculated and fit with a variogram model with all the samples within the combined domain CMPDOM=[10, 100, 200]. This model was used to estimate density value with ordinary kriging. Table 14.10 summarises the variogram model. The experimental variograms and variogram models are in Appendix A.

Table 14.10 Variogram model for density

Domain Orientation Nugget Structure 1 Structure 2 Structure 3

Sill Range Sill Range Sill Range

10,100,200

00-->000

35-->270 0.1 0.1 6 0.37 15 0.38 110

55-->090

Variograms for gold grades

The experimental variograms for gold grades were calculated with normal score transform data, for each one of the estimation domains 10, 100 and 200. This transformation was necessary because the histograms of gold grades present a high skewness coefficient and coefficient of variation (Table 14.8). The back transform variogram models were used for gold grades estimation with ordinary kriging. Table 14.11 summarises the back-transformed variogram models.


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Table 14.11 Variogram models for gold grades



Background domain

CMPDOM=10

00-->000 5

20

90

35-->270 0.17 0.53 5 0.17 20 0.13 90

55-->090 2

3

10

Low grade domain

CMPDOM=100

00-->000 6

30

100

35-->270 0.28 0.42 6 0.20 30 0.10 100

55-->090 2

3

20

High grade domain

CMPDOM=200

00-->000 6

30

100

35-->270 0.27 0.43 6 0.21 30 0.10 100

55-->090 3

6

17

14.3.6 Block model set up

A Datamine block model with cell dimensions of 5 mE by 5 mN by 5 mRL was coded to reflect the estimation domains, as defined in Table 14.6. Sub-celling was used to more accurately define the volumes. Table 14.12 summarises the block model prototype settings.

Table 14.12 Block model parameters (in local coordinates)

Area Parameter Easting (X) Northing (Y) Elevation (Z)

Shore Zone

Origin 0 -600 0

Parent block size (m)

5 5 5

Number of blocks 340 800 170

14.3.7 Grade interpolation and boundary conditions

Non-mineralised domain

The background or non-mineralised domain (CMPDOM=10) was estimated using ordinary kriging into 5 m by 5 m by 5 m parent blocks. Gold grades were interpolated using 1.0 m top cut composites with parameters established from the variography analysis. Any target blocks that remained uninformed after the first pass search were subsequently estimated in a second pass using a broader search ellipse.

The interpolation was controlled by:

Minimum / maximum numbers of composites: set to 10 / 20 per block.

Discretisation: 3 by 3 by 3.

Maximum number of composites per hole: 4.

Search ellipse: 70 m by 70 m by 20 m (140 m by 140 m by 40 m for pass 2).

Top cut 2 g/t Au (Table 14.13).


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The barren material (CMPDOM=300 and CMPDOM=1) was assigned with zero grade.

Low-grade and high-grade domains

The low-grade (CMPDOM=100) and high-grade (CMPDOM=200) domains were estimated using ordinary kriging into 5 m by 5 m by 5 m parent blocks. Gold grades were interpolated using 1.0 m composites. The gold grades were top cut, as shown in Table 14.13 and Table 14.8.

Table 14.13 Gold top cut values per domain

Domain Threshold (Value in g/t)

Background (CMPDOM=10) 2

Low-Grade (CMPDOM=100) 15

High-Grade (CMPDOM=200) 100

The estimation parameters were established using variogram analysis. Any target blocks that remained uninformed after the first pass search were subsequently estimated in a second search and a third pass using a broader search ellipse and different restrictions. The interpolation was controlled by:

Minimum / maximum numbers of composites: set to 8 / 10 per block in the first and second pass (12 / 20 for pass three).



Search ellipse 70 m by 70 m by 20 m in pass one, 105 m by 105 m by 30 m pass two and 140 m by 140 m by 40 m for pass three.

14.3.8 Density

The density was estimated using ordinary kriging into 5 m by 5 m by 5 m parent blocks within the combined domain CMPDOM=[10, 100 and 200]. Density values were interpolated using 1.0 m composites with parameters established from the variography analysis. Any target blocks that remained uninformed after the first pass search were set to the average density of 2.78 t/m

3. The interpolation was controlled by:

Minimum / maximum numbers of composites: set to 12 / 40 per block.



Search ellipse of 100 m by 100 m by 50 m.

The dykes (CMPDOM=300) where assigned with density 2.96 t/m3 and the overburden

(CMPDOM=1) with density 2.78 t/m3.

14.3.9 Model validation

Snowden validated the Borden Gold model by:


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comparison of input grades with tonnage weighted output grades

visual inspection of the model against the input composites

grade trend (or swath) plot

global change of support

Comparison of input grades with tonnage weighted output grades

The final grade estimates were validated statistically against the input drillhole composites. Table 14.14 provides a comparison of the estimated grades per mineralized domain. This statistical comparison shows that the domains validate reasonably well.

Table 14.14 Comparison of gold mean grades at composited drillholes with mean grades at block model per domain

Low Grade High Grade

Number of samples 71568 33168

Composite mean 0.18 0.96

Estimated mean 0.18 0.93

Visual inspection of the model against the input composites

The gold grade estimates show a good visual correspondence with the input composite grades. All sections are shown in Appendix C.

Grade trend plots

Sectional validation graphs were created to assess the reproduction of local means and to validate the grade trends in the model. These graphs compare the mean of the estimated grades to the mean of the input grades within model slices (bins) for the portion of the deposit estimated. The graphs also show the number of input samples on the right axis, to give an indication of the support for each bin.

Validation graphs were created for the background, low-grade and the high-grade estimation domain. All graphs are located in Appendix C. The slicing bin with was 5 m, as the size of the block. An extra plot slicing with 20 m bins was created for the Y direction (local coordinates) because the drillholes are aligned in this direction and 5 m slicing may not be representative.

These graphs indicate that there is good local reproduction of the input grades in both the horizontal and vertical directions.

Global change of support

The global change of support is a nonlinear geostatistical technique designed to correct the statistical distribution in point support (or composites) to the statistical distribution in block support. To validate the estimates the standard procedure is to compare per estimation domain the grade tonnage curves calculated from the global change of support with the grade tonnage curves calculated from the estimates in the block model.


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Snowden calculated the global change of support for the high- and low-grade estimation domains. The support used was 5m by 5m by 5m blocks with five discretisation points and non-standardized variogram model (Table 14.15). Snowden also calculated the grade tonnage curves in punctual support in order to identify any overestimation of the global resources.

The results are shown in Figure 14.10, Figure 14.11, Figure 14.12 and Figure 14.13. The estimated grade and tonnage approximate reasonably to the theoretical grade and tonnage calculated with the global change of support in the low- and high-grade domains. For a small proportion of sample/blocks over the cut-off (about 5%) the differences shown in the plots are not statistically representative, this is a known issue with this technique.

Table 14.15 Variogram models for gold grades with non standarized sills



Low-grade domain

CMPDOM=100

00-->000 6

30

100

35-->270 0.09 0.14 6 0.07 30 0.03 100

55-->090 2

3

20

High-grade domain

CMPDOM=200

00-->000 6

30

100

35-->270 2.71 4.37 6 2.11 30 1.01 100

55-->090 3

6

17

Figure 14.10 Global change of support validation for gold grades in the low-grade domain CMPDOM=100, grade cutoff curve

0.0

2.0

4.0

6.0

8.0

10.0

12.0

14.0

0.0 1.0 2.0 3.0 4.0 5.0 6.0

Gra

de

Cutoff

Block model GCOS point support GCOS 5m by 5m by 5m


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Figure 14.11 Global change of support validation for gold grades in the low-grade domain CMPDOM=100, cutoff tonnage curve

Figure 14.12 Global change of support validation for gold grades in the high-grade domain CMPDOM=200, grade cutoff curve

0

10000

20000

30000

40000

50000

60000

0.0 1.0 2.0 3.0 4.0 5.0 6.0

To

nn

es

Thousands

Cutoff


0.0

2.0

4.0

6.0

8.0

10.0

12.0

14.0

0.0 1.0 2.0 3.0 4.0 5.0 6.0

Gra

de

Cutoff



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Figure 14.13 Global change of support validation for gold grades in the high-grade domain CMPDOM=200, cutoff tonnage curve

14.3.10 Mineral Resource classification

The resource classification definitions used for this estimate are those published by the Canadian Institute of Mining, Metallurgy and Petroleum in their document “CIM Definition Standards”.

Measured Mineral Resource: that part of a Mineral Resource for which quantity, grade or quality, densities, shape, physical characteristics are so well established that they can be estimated with confidence sufficient to allow the appropriate application of technical and economic parameters, to support production planning and evaluation of the economic viability of the deposit. The estimate is based on detailed and reliable exploration, sampling and testing information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes that are spaced closely enough to confirm both geological and grade continuity.

Indicated Mineral Resource: that part of a Mineral Resource for which quantity, grade or quality, densities, shape and physical characteristics can be estimated with a level of confidence sufficient to allow the appropriate application of technical and economic parameters, to support mine planning and evaluation of the economic viability of the deposit. The estimate is based on detailed and reliable exploration and testing information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes that are spaced closely enough for geological and grade continuity to be reasonably assumed.

0

50000

100000

150000

200000

250000

300000

0.0 1.0 2.0 3.0 4.0 5.0 6.0

To

nn

es

Thousands

Cutoff



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Inferred Mineral Resource: that part of a Mineral Resource for which quantity and grade or quality can be estimated on the basis of geological evidence and limited sampling and reasonably assumed, but not verified, geological and grade continuity. The estimate is based on limited information and sampling gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes.

Classification was applied based on geological confidence, data quality and grade variability. Areas classified as Indicated Resources are informed by 25 m by 25 m to 70 m by 70 m drilling in the horizontal direction. The remainder of the Mineral Resource is classified as Inferred Resource where there is some drilling information and the blocks lie within the mineralised interpretation. Areas where there is no informing data and/or the lower-grade material is outside of the mineralised interpretation are not classified as a part of the Mineral Resource.

Figure 14.14 illustrates an example section through the main areas of mineralisation, coloured by resource classification (or “RESCAT”).

Figure 14.14 Example cross section showing classification of resource estimate(1)

(1) RESCAT 1 is measured, 2 indicated, 3 inferred and 4 non classified. There is no RESCAT 1 in this resource model.


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14.3.11 Mineral Resource reporting

Table 14.1 through Table 14.4 summarize the Mineral Resources by category and economic potential type. Mineral Resources are reported above a base case cut-off grade of 0.5 g/t Au constrained by a pit shell, which reflects the potential economics of an open pit mining scenario. The Mineral Resources were also reported with a base cut-off 2.5 g/t Au for the area with economic potential for an underground scenario. The underground scenario excluded isolated blocks unlikely to be extracted underground because of lack of connectedness and included blocks within the pit shell likely to be mined underground.

A breakdown of the resources with open pit and underground potential is shown in Table 14.1, Table 14.2, Table 14.3 and Table 14.4 respectively. For clarity the spatial position of those resources are shown in Figure 14.16.

Figure 14.16 shows the spatial position of the blocks reported as Mineral Resources in Table 14.1 thru Table 14.4 and Figure 14.15 shows a typical sectional view of these resources. As shown in Figure 14.15 the blocks reported with underground potential appear well connected and this is supported by the high continuity shown by drillhole intercepts (Figure 14.4) and variography.

The unconstrained global Mineral Resources tabulated for different cut-off values is seen in Table 14.16, while Table 14.17 and Table 14.18 show a breakdown of the Mineral Resources per type of claim ownership or mineral right (50 or 100%).


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Table 14.16 Unconstrained (Global) Mineral resources(1)

Cutoff TONS AU OZ

Indicated resources(1)

0.5 149,062,038 1.24 5,932,052

1.0 56,044,068 2.13 3,843,697

1.5 26,841,496 3.14 2,707,639

2.0 15,429,042 4.19 2,078,765

2.5 10,328,978 5.16 1,714,767

3.0 7,718,964 5.99 1,486,200

3.5 6,150,235 6.69 1,323,069

4.0 5,101,864 7.30 1,196,986

4.5 4,311,177 7.86 1,089,221

5.0 3,673,701 8.40 992,032

Inferred resources(1)

0.5 35,914,481 1.24 1,433,048

1.0 13,902,735 2.12 947,586

1.5 7,425,146 2.91 694,403

2.0 4,571,478 3.66 537,686

2.5 3,126,316 4.32 434,081

3.0 2,140,559 5.05 347,416

3.5 1,521,528 5.79 283,075

4.0 1,145,515 6.46 237,960

4.5 911,507 7.03 206,099

5.0 744,102 7.55 180,532

(1) see comments on Table 14.1


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Table 14.17 Mineral resources with underground mining economical potential, outside the conceptual pit, split by claim type

(1) (3)

Cutoff Sum of TONS AU OZ

Indicated in claims 100% owned by Probe(1) (3)

2.0 5,884,357 4.52 855,473

2.5 4,457,757 5.26 753,515

3.0 3,596,489 5.86 677,777

3.5 2,937,142 6.45 609,136

Inferred in claims 100% owned by Probe(1) (3)

2.0 4,265,375 3.74 512,851

2.5 3,005,448 4.37 422,384

3.0 2,103,376 5.07 342,935

3.5 1,503,458 5.80 280,528

Indicated in claims 50% owned by Probe(1) (3)

2.0 7,100,612 4.45 1,014,968

2.5 4,804,013 5.51 850,776

3.0 3,625,617 6.41 747,730

3.5 2,948,516 7.14 677,247

Inferred in claims 50% owned by Probe(1) (3)

2.0 51,476 3.09 5,122

2.5 28,340 3.83 3,491

3.0 21,893 4.17 2,938

3.5 18,070 4.38 2,547


(3) see claims on Table 4.1, Table 4.2, Table 4.3 and Table 4.4.


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Table 14.18 Mineral resources with open pit mining potential split by claim type(1) (3)

Cutoff Sum of TONS AU OZ

Indicated in claims 100% owned by Probe(1)(3)

0.5 39,118,715 1.03 1,292,068

1.0 15,171,887 1.50 733,553

1.5 5,611,041 1.97 356,257

Inferred in claims 100% owned by Probe(1)(3)

0.5 100,767 0.76 2,448

1.0 46,900 1.13 1,705

1.5 13,961 1.94 873

Indicated in claims 50% owned by Probe(1)(3)

0.5 31,182,285 1.03 1,029,932

1.0 12,729,113 1.50 615,447

1.5 5,035,959 1.97 319,743

Inferred in claims 50% owned by Probe(1)(3)

0.5 146,233 0.76 3,552

1.0 8,100 1.13 295

1.5 2,039 1.94 127


(3) see claims on Table 4.1, Table 4.2, Table 4.3 and Table 4.4.


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Figure 14.15 Sectional view showing grade distribution(1)(2)

.

(1) Only blocks reported in Table 14.1 are show here. (2) The gray line is the section of the pit shell used to constrain the resources with open pit potential


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Figure 14.16 Different views of the resources reported on Table 14.1, coloured by RESCAT

(1)

(1) RESCAT is: 1 Measured, 2 Indicated, 3 Inferred and 4 unclassified


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15 Mineral Reserve estimates

This section is not applicable.


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16 Mining methods



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17 Recovery methods



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18 Project infrastructure



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19 Market studies and contracts



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20 Environmental studies, permitting, and social or community impact

Probe reports that there are no outstanding or pending adverse environmental issues attached to the Borden Gold property. No mining or other potentially disruptive work has been carried out on the property beyond that described in this report.

A number of regulatory changes have occurred as part of the ongoing Mining Act Modernization initiative being conducted by the MNDM in Ontario. As at April 1, 2013, Exploration Plans and Permits are now required for some early exploration activities. The requirement of a Plan or Permit is dependent on the activity being completed. Probe Mines Limited is in possession of both an active Exploration Permit (PR-13-10072, expiry 28/03/2016) and Exploration Plan (PR-13-10292, expiry 19/01/2016) for the exploration activities currently being completed on the Property. Probe is in possession of all the required permits to complete the current activities on the Property.

Snowden is not aware of any significant factors and risks that may affect access, title, or the right or ability to perform work on the property.

A number of First Nation communities are located in the region. These include the Chapleau Cree First Nation (CCFN), Brunswick House First Nation (BHFN) and Chapleau Ojibwe First Nation (COFN). Probe has a good working relationship with the First Nations. On 31 August, 2011, Probe announced a Memorandum of Understanding (MOU) with the three First Nation communities of CCFN, BHFN and COFN. The MOU establishes a commitment by Probe to develop an ongoing relationship with the three communities in the area of the Borden Gold project and will provide the communities with an opportunity to participate in the benefits of the project through training, ongoing communication and business development. An Elders Committee has been created to provide advice to Probe on traditional values and local cultural and environmental matters during the exploration phase. Probe has also agreed to negotiate an Impact and Benefit Agreement with the communities should the project proceed to production.


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21 Capital and operating costs



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22 Economic analysis



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23 Adjacent properties

The Borden Gold deposit is the first reported discovery of this type in the Chapleau-Foleyet region of the KSZ. There are no known deposits or showings directly adjacent to Probe’s properties that have shown mineralization similar to the Borden Gold deposit, which may be a function of geological setting, distance or lack of exploration.

To the northeast of the project is the Nemegosenda niobium deposit of Sarissa Resources Inc. The property lies on the Chewett-Collins township boundary, 30 km northeast of the town of Chapleau, and 20 km to northeast of the Borden Gold deposit. In 1957, the Dominion Gulf Company reported a non 43-101-compliant resource of 17.6 Mt grading 0.48% Nb2O5.

The Nemegosenda Lake alkalic complex consists of arcuate rings and partial rings of gabbro, ijolite, fenite, nepheline syenite, carbonatite, malignite, syenite and mafic syenite. The intrusion has been cut by numerous alkalic dikes. The complex comprises an inner syenite core and an outer rim comprising mafic syenites, pyroxenites and early-formed, fine grained, border phases. Sandwiched between is a mixed breccia zone containing fine-grained pyrochlore in a chaotic mix of silicates, carbonates and fenites. The complex contains a significant amount of niobium mineralization in the northeast portion, as indicated by diamond drilling completed in 1955-56 and 2008-2010. Tantalum is present only in very low concentrations. Exploration in the Nemegosenda complex has focused exclusively on niobium associated with magnetite and containing uranium and thorium (Chance, 2010).

To the southeast lies the Lackner Lake complex, which is located approximately 20 km southeast of Chapleau and about 15 km east-southeast of the Borden Gold project. Historic exploration has disclosed niobium, iron, uranium, phosphorus and rare earth element mineralization of potential economic interest (Sage, 1988). In the most recent past, Rare Earth Metals was exploring the property under an option agreement, which was terminated in August, 2010 (Rare Earth Metals Financial Statements, March, 2011).

To the south of Probe’s Borden Gold property is the Probe (51%) - Reliant Gold Corp. (49%) Joint Venture property, referred to as the Borden South property. An airborne VTEM survey had been completed over this property prior to Probe’s entering into an option-JV agreement in March 2012.

Figure 23.1 and Figure 23.2 show the ownership of claims adjacent to the Borden Gold property and the locations of producing and development properties in the general area.

There exists a special case adjacent property with regards to the Borden Gold property. Claim PIN 731020020 referred to as the “wedge” by Probe staff is a mining claim not currently controlled by Probe. The wedge is shown in Figure 24.1. The current mineralization shape is continuous to the boundary of the wedge on both sides as shown. There are no known mineral estimates for this property. The author is unaware of any exploration activity conducted on this property. Whilst it may seem apparent that the mineralization extends across this wedge area NI43-101 guidelines will not allow any statement of resource for this area. As per NI43-101 guidelines this adjacent property has no known published resource historic or recent.


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Figure 23.1 Ownership of Claims Adjacent to the Borden Gold Property

Figure 23.2 Aeromagnetic Map Showing Location of Producers and Developed Prospects Relative to the Property Bounds of the Borden Gold Deposit


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24 Other relevant data and information

The wedge claim area shown in Figure 24.1 and noted in the adjacent properties section of this report requires further discussion. The wedge claim area is not part of the Probe resource estimated in this report. The resources stated in this report are exclusive of this claim and any attempt to quantify is not possible under NI43-101 guidelines. It can be seen that the wedge claim area represents approximately 150 to 200 m in strike length. This represents less than 5% of the total strike length of the Borden Gold deposit. Snowden believes the mineralization extends across the wedge claim and there is no known evidence to suggest it does not, however the wedge claim area was not estimated by Snowden in this report nor has any attempt been made to quantify any potential resource for this claim area.

Figure 24.1 Wedge claim area and mineralized blocks


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25 Interpretation and conclusions

Results of the exploration activities on the Property are being used to develop a geological interpretation of the Borden Gold Property that correlates with the lithological, stratigraphical and textural characteristics observed in the drill core. Given the lack of historical work locally and regionally as well as the change in the scope of the deposit with the discovery of the high-grade zone, this interpretation is a considerable undertaking and is still in progress.

Local and regional exploration continues with plans for the summer of 2014 focusing on a structural analysis of the deposit and surrounding areas within the property. Results of the ongoing programs will aid in understanding the genetic model of the Borden Gold deposit, as well as highlight additional areas to target for potential exploration drilling. Deposit definition and infill drilling will continue throughout the remainder of the year. The sixth phase of drilling commenced in May 2014 and continues to infill along the HGZ. Infill drilling will also be completed in other areas of the deposit, including the area defined by the conceptual pit shell referenced in this report, with the purpose of increasing grade and resource classification. Additional 25m sections will be selected as part of the infill program.

The broad zone of mineralization can be up to 120 meters wide in areas and over 3.7 km in strike length. As of the effective date of this report, the deposit remains open along strike and down dip. The interpreted high-grade zone ranges from 15 m to 30 m wide with a low-grade halo extending another 40 m to 65 m wide.

This interpretation has been confirmed with the current geologic understanding, which shows a higher-grade core surrounded by a lower-grade halo with the majority of the lower-grade occurring within the hanging wall of the deposit. Some structural controls are evident however, they appear to follow lithologic contacts and are difficult to define. The continuity of the mineralization for both the high-grade core and low-grade halo is demonstrated and confirmed with variography and visual validation.

There are no known sampling, drilling or recovery issues, environmental, permitting, legal, title, taxation, socioeconomic, marketing or political issues which would adversely affect the mineral resources estimated in this report. Mineral resources which are not mineral reserves, do not have demonstrated economic viability. There are presently no mineral reserves on the Borden Gold property.


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26 Recommendations

The updated mineral resource estimate for the Borden Gold Property stated in this report has indicated the robust nature of the Borden Gold deposit and demonstrated the mineable potential of the project. The project has shown potential for both open pit and underground extraction scenarios. Snowden recommends that the project pass through to a preliminary economic analysis (PEA) stage. Commensurate with that process Snowden recommends Probe continue with infill drilling and resource expansion drilling programs. The deposit remains open in both strike and down dip directions. Petrographic and mineralogical studies are recommended as a means to substantiate the current geological model and explain the paragenesis of the sulphides associated with gold mineralization. Metallurgical studies are recommended to further understand the specific metallurgical characteristics of the mineralization. S.G. determinations have been made using ASTM D854 Standard Test Method for Specific Gravity of Soils. It is recommended Probe begin making wet/dry bulk density determinations. It is further recommended Probe begin a systematic duplicate check assay program in addition to the current QAQC program.

Recommendations

Advance Borden Gold project to PEA

Continue Infill Drilling Program

Continue Resource Expansion Drilling Program

Petrographic Studies to confirm geologic model

Mineralogical Studies to determine recovery and process details

Continue wet/dry Bulk Density Determinations

Establish systematic duplicate check assay program


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27 References

Author Title

Atkinson B.T., 2008, Property Visit, Borden Lake Area, Cochrane Township.

Atkinson B.T., 2008-2009 Recommendations for Mineral Exploration Ontario, p.5.

Bell, K., Blenkinsop, J., Kwon, S.T., Tilton, G.R., and Sage,

R.P., 1987

Age and radiogenic isotopic systematics of the Borden carbonatite complex, Ontario, Canada. Canadian Journal of Earth Sciences, 24: 24 - 30.

Burnstall, J.T., LeClair, A.D., Moser, D.E., Percival, J.A., 1994

Structural correlation within the Kapuskasing uplift. Can. J. Earth Sci. v31, p 1081-1095.

Card, K.D., and Ciesieleski, A., 1986

DNAG #1. Subdivisions of the Superior Province of the Canadian Shield. Geoscience Canada, v. 13, p.5-13.

Chance, P., 2010 Nemegosenda Lake Niobium Property: A Technical Report under NI 43-101, prepared for Sarissa Resources. 68p. (www.sedar.com).

CIM, 2010 CIM DEFINITION STANDARDS - For Mineral Resources and Mineral Reserves. Prepared by the CIM Standing Committee on Reserve Definitions. Adopted by CIM Council on 27 November, 2010

Hartel, T.H.D., and Pattison, D.R.M., 1996

Genesis of the Kapuskasing (Ontario) migmatic mafic granulites by dehydration melting of amphibolite: the importance of quartz to reaction progress. Journal of Metamorphic Geol., 14, p 591-611.

Heather, K.B., Percival, J.A., Moser, D. and Bleeker, W., 1995

Tectonics and metallogeny of the Archean crust in the Abitibi-Kapuskasing-Wawa region. Geological Survey of Canada Open File Report 3141 159 p.

Jackson, S.L., and Fyon, J.A. 1991

The Western Abitibi Sub-province in Ontario, in Geology of Ontario. Ontario Geological Survey, Special Volume 4, Part l, p 405-482.

Krogh, T.E., 1993 High precision U-Pb ages for granulite metamorphism and deformation in the Archean Kapuskasing structural zone, Ontario: implications for structure and development of the lower crust. Earth and Planetary Science Letters, 119: 1-18.

LeClair, A., Ernst, R.E., and Hattori, K. 1993

Crustal-scale auriferous shear zones in the central Superior Province. Geology, 21: 399-402.


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Author Title

Moser, D.E., Bowman, J.R., Wooden, J., Valley, J.W.,

Mazdab, F., and Kita, N., 2008

Creation of a continent recorded in zircon zoning. Geology v 36; no 3; p 239-242.

Moser, D.E. 1994 The geology and structure of the mid-crustal Wawa gneiss domain: a key to understanding tectonic variation with depth and time in the late Archean Abitibi-Wawa orogen. Canadian Journal of Earth Sciences, v 31: p 1064-1080

Murahwi, C. Gowans, R. and San Martin, A. J. 2012

Technical Report on the Updated Mineral Resource Estimate For the Borden Lake Gold Deposit, Borden Lake Property, Northern Ontario, Canada, 188p

Percival, J.A. 1983 High-grade metamorphism in the Chapleau-Foleyet Area, Ontario. American Mineralogist, Vol 68 p 667-686

Percival, J.A., Card, K.D., Sage, R.P., Jensen, L.S., and Luhta

L.E., 1983

The Archean Crust in the Wawa-Chapleau-Timmins Region. In: A field guidebook prepared for the 1983 Archean Geochemistry-Early Crustal Genesis Field Conference, p 99-169.

Percival, J. A. and McGrath, P.H. 1986

Deep crustal structure and tectonic history of the northern Kapuskasing uplift of Ontario: an integrated petrological–geophysical study. Tectonics, v.5, no.4, p 553-572.

Percival, J.A., Burnstall, J.T., Moser, D.E. and Shaw, D.M.

1991

Site Survey for the Canadian Continental Drilling Program’s Pilot Project in the Kapuskasing Uplift. Ontario Geological Survey, Open File Report 5790, 34 p.

Percival, J.A., and West, G.F., 1994

The Kapuskasing uplift: a geological and geophysical synthesis. Can. J. Earth Sci. v 31, p 1256- 1286.

Roed, M. A. and Hallett, D. R., 1979

Chapleau Area (NTS 41O/NW), Districts of Algoma and Sudbury. Ontario Geological Survey, Northern Ontario Engineering Geology Terrain Study 80, 20 p, accompanied by Maps 5014 and 5018, scale 1:100000

Sage, R.P., 1988 Geology of Carbonatite - Alkalic Rock Complexes in Ontario: Lackner Lake Alkalic Rock Complex District of Sudbury. Ontario Geological Survey, Study 32, 158 p.

Thurston. P.C., Siragusa, G.N. and Sage, R.P., 1977

Geology of the Chapleau area, Districts of Algoma, Sudbury and Cochrane. Ontario Division of Mines, Geological Report 157, 293 p.

Thurston, P.C., 1991 Archean geology of Ontario: Introduction, in Geology of Ontario. Ontario Geological Survey, Special Volume 4, Part l, p 73-78.

Williams, H.R., Stott, G.M., Heather, K.B., Muir, T.L. and

Sage, R.P., 1991

Wawa Sub-province in Ontario. In: Geology of Ontario, Ontario Geological Survey, Special Volume 4, Part l, p 485-539

Zhang, B., 1999 A Study of Crustal Uplift along the Kapuskasing Zone Using 2.45 Ga Matachewan Dykes. Ph.D. Thesis, Department of Geology, University of Toronto


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28 Dates and signatures

(see section 29 Certificates)


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29 Certificates

CERTIFICATE of QUALIFIED PERSON

(a) I, Walter A Dzick P Geo Principal Consultant Applied Geosciences of Snowden Mining Industry Consultants Pty Ltd., 87 Colin St., West Perth, Western Australia, do hereby certify that:

(b) I am the author of section 1, 2, 11, 12, 14, 23-26 of the technical report titled Probe Technical Report and dated June 10 2014 (the ‘Technical Report’) prepared for Probe Mines Inc.

(c) I graduated with an B.Sc. Degree in Geology from New Mexico State University and also hold an MBA Degree from the University of Nevada Reno

I am a member of APEGBC (171176), AIPG (CPG 11458) and a member of AusIMM (MAusIMM).

I have worked as a Geologist continuously for a total of 30 years since my graduation from university.

I have read the definition of ‘qualified person’ set out in National Instrument 43-101 (‘the Instrument’) and certify that by reason of my education, affiliation with a professional association and past relevant work experience, I fulfil the requirements of a ‘qualified person’ for the purposes of the Instrument. I have been involved in Resource Evaluation consulting practice for 20 years.

(d) I have made a current visit to the Borden Gold Deposit on November 4 and 5 of 2013.

(e) I am responsible for the preparation of the Technical Report.

(f) I am independent of the issuer as defined in section 1.4 of the Instrument.

(g) I have not had prior involvement with the property that is the subject of the Technical Report.

(h) I have read the Instrument and Form 43-101F1, and the Technical Report has been prepared in compliance with that instrument and form.

(i) As of the effective date of this Technical Report, to the best of my knowledge, information and belief, the Technical Report contains all the scientific and technical information that is required to be disclosed to make the Technical Report not misleading.

Dated at Vancouver BC Canada July 25th 2014. Walter A Dzick P.Geo. APEGBC AIPG

MAusIMM


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Histograms and log probability plots Appendix A


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Gold - Background (CMPDOM=10)


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Gold - Low Grade (CMPDOM=100)


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Gold - High Grade (CMPDOM=200)


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Density - Mineralized Domain (CMPDOM=10,100,200)


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Density on Dykes (CMPDOM=300)


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Variograms Appendix B


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Density

Borden – variogram – density


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Non-mineralized domains

Background (CMPDIM=10) – Gold


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Mineralised domains

Low grade (CMPDIM=100) – Gold


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High grade (CMPDIM=200) – Gold


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Grade trend plots Appendix C


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Background (CMPDOM=10) - Gold


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Low grade domain (CMPDOM=100) - Gold


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High grade domain (CMPDOM=200) - Gold


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Visual validation in vertical sections Appendix D


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Summary of the Mineralized Intervals 2010-Appendix E2013


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Summary of the Mineralized Intervals in the July, 2010 and December, 2010 to July, 2011 Drill Holes

DDH Number Location1 From (m) To (m) Width (m) Au (g/t)

Ag (g/t)

BL10-02 0 m NW 4 23 19 0.4

BL10-02

37 128 91 2.0

including

73 84 11 3.5

also including

91 112 21 3.2

also including

106 111 5 5.3

BL10-03 0 m NW 5.2 32.7 27.5 0.4

BL10-03

46 52.2 6.2 0.7

BL10-03

60.2 69.8 9.6 0.6

BL10-03

83 92 9 0.4

BL10-04 0 m NW 5 83 78 0.7

including

19 54.6 35.6 1.1

BL10-05 60 m SE 11 97 86 1.0

including

23 57 34 1.7

including

44 49 5 4.4

BL10-06 60 m SE 26 31 5 0.8

BL10-06

58.6 134.4 75.8 0.9

including

58.6 80 21.4 1.4

BL10-07 260 m SE 34 57 23 1.2

BL10-07

92.1 101 8.9 0.7

including

92.1 97 4.9 1.0

BL10-09 0 m NW 19 195 176 0.5

including

53 131 78 0.9

also including

174 195 21 0.6

BL10-10 0 m NW 19 201 182 1.1

including

39 151 112 1.7

including

71 112 41 3.3

including

85 95.7 10.7 6.5

BL10-11 100 m NW 6 200 194 0.5

including

12 69.3 57.3 0.6

also including

85.9 95.2 9.3 1.2

also including

122.5 153 30.5 1.2

BL10-12 100 m NW 4.8 207 202.2 0.4

including

4.8 142 137.2 0.6

including

99 142 43 1.3

BL10-13 200 m NW 8 184.2 176.2 0.7

including

70.5 137 66.5 1.4

including

81.3 130 48.7 1.8

including

86 118 32 2.1

BL10-14 200 m NW 4 191.8 187.8 0.7

including

4 127 123 1.0

including

60 127 67 1.5

including

76.7 102.6 25.9 2.4

including

86 102.6 16.6 2.8

BL10-15 300 m NW 56 133.5 77.5 1.0

including

91.6 114.1 22.5 1.8

BL11-16 300 m NW 64 140.5 76.5 1.1

including

78.3 83.5 5.2 1.5

also including

108.3 140.5 32.2 1.8

BL11-17 400 m NW 27 118.9 91.9 0.6

including

72.7 118.9 46.2 0.9

also including

95.1 118.9 23.8 1.2


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Ag (g/t)

BL11-18 400 m NW 101.7 127 25.3 0.9

BL11-19 500 m NW 74.7 122 47.3 0.9

including

106 122 16 1.4

BL11-20 500 m NW 64 134.2 70.2 1.1

including

101.1 109.4 8.3 1.8

also including

114 123 9 1.2

BL11-20

185.8 190.4 4.6 3.0

BL11-20

206.8 208.7 1.9 3.0

BL11-21 600 m NW abandoned

BL11-22 500 m NW 234 253 19 0.7

BL11-22

288 336.4 48.4 0.5

BL11-22

351 361.6 10.6 0.8

BL11-23 200 m NW 139.2 173 33.8 0.6

BL11-23

205 249 44 1.1

including

210 220 10 1.4

also including

224.9 231 6.1 2.2

BL11-24 700 m NW 96 100 4 0.8

BL11-24

133 181 48 0.7

BL11-24

202 215 13 1.0

BL11-25 700 m NW 44 68 24 0.8

BL11-25

83.6 90 6.4 0.7

BL11-25

119 123 4 1.9

BL11-25

143.2 222.3 79.1 0.7

including

180 210 30 0.9

BL11-26 50 m NW 161 280 119 0.7

including

199 247.7 48.7 1.1

BL11-27 100 m SE 88.1 197 108.9 1.1

including

91.8 103.5 11.7 3.7

also including

169 183 14 1.6

BL11-28 100 m SE 45.4 182.2 136.8 1.2

including

74.6 142 67.4 1.8

also including

76 86.3 10.3 6.1

BL11-29 200 m SE 65.4 185.9 120.5 0.8

including

106.3 156.0 49.7 1.0

BL11-30 200 m SE 70 197 127 0.8

including

88.5 157.6 69.1 0.9

including

136.0 157.6 21.6 1.4

BL11-31 300 m SE 81 128.6 47.6 0.5

including

81 104.5 23.5 0.6

BL11-31 300 m SE 195 200 5 0.8

BL11-32 300 m SE 73 199.7 126.7 0.8

including

104.6 120 15.4 1.4

also including

149 163.7 14.7 2.0

BL11-33 400 m SE 71.5 76 4.5 0.9

BL11-33 400 m SE 123.5 206 82.5 0.6

including

123.5 188 64.5 0.7

including

144.7 151 6.3 1.0

BL11-34 400 m SE 111 200 89 0.8

including

111 187 76 0.9

including

131.1 136.2 5.1 1.8

also including

151 171.6 20.6 1.4

BL11-36 500 m SE 109 205.7 96.7 0.8

including

149.4 181 31.6 1.2

including

159 170.6 11.6 1.8


Technical Report

.Final June 10 2014 147 of 179


Ag (g/t)

BL11-37 600 m SE 99.8 198 98.2 0.5

including

138 153 15 0.9

including

138 147.1 9.1 1.4

BL11-38 600 m SE 133 213 80 0.7

including

142 180.8 38.8 1.3

including

169 175.3 6.3 3.1

BL11-39 700 m SE 42 43 1 11.4

BL11-39

139 154.3 15.3 0.6

BL11-39

173 201.6 28.6 0.7

BL11-40 (lost) 700 m SE 25.4 36 10.6 0.5

BL11-41 700 m SE 134 224 90 0.5

including

154.3 202 47.7 0.7

including

164 175 11 1.2

BL11-42 800 m SE 31 34 3 4.2

BL11-42

149 210 61 0.4

including

149 171 22 0.5

also including

185 198 13 0.5

BL11-43 800 m SE 158 202 44 0.9

including

158 192 34 1.1

BL11-44 600 m SE 260 301.5 41.5 1.4

BL11-45 850 m SE 120 168.5 48.5 0.4

including

148 168.5 20.5 0.6

BL11-46 600 m SE 200 280.6 80.6 0.5

including

258 280.6 22.6 1.1

BL11-47 850 m SE 16 19 3 3.8

BL11-47

118 195 77 0.5

including

140 160 20 0.9

including

149 160 11 1.2

BL11-48 750 m SE 56.2 58 1.8 1.8

BL11-48

206.3 284 77.7 0.7

including

206.3 267 60.7 0.8

including

232 264.7 32.7 1.1

including

235 253 18 1.4

BL11-49 800 m SE 50 100 50 0.3

including

59.9 78 18.1 0.5

BL11-49 800 m SE 59.9 78 18.1 0.5 0.7

BL11-49

95 100.0 5.0 0.8 2.3

BL11-50 700 m SE 36 44.6 8.6 1.1 0.8

BL11-50

112 121 9.0 0.7 0.4

BL11-51 750 m SE 162.0 283.7 121.7 0.6 0.5

including

228.0 262.0 34.0 1.5 0.9

BL11-52 600 m SE 74.0 110.0 36.0 0.5 0.4

BL11-53 400 m SE 168.2 265.0 96.8 0.7 0.6

including

168.2 200 31.8 0.9 0.7

including

185.0 200 15.0 1.1 0.8

also including

229.7 253.3 23.6 1.1 0.7

BL11-54 500 m SE 42.2 71.0 28.8 1.0 0.7

including

42.2 54.7 12.5 1.6 1.0

BL11-55 400 m SE 4.1 31.0 26.9 0.5 1.0

BL11-55

69.0 151.0 82.0 0.7 0.6

BL11-56 400 m SE 161.0 267.0 106.0 0.6 0.4

including

167.7 187.0 19.3 1.0 0.6

BL11-57 300 m SE 9.5 12.0 2.5 0.8 2.4

BL11-57

19.7 26.2 6.5 0.6 1.2


Technical Report

.Final June 10 2014 148 of 179


Ag (g/t)

BL11-57

74.6 121.0 46.4 0.8 0.5

including

115.6 121.0 5.4 2.0 0.4

BL11-58 200 m SE 89.0 113.0 24.0 1.5 0.3

including

101.0 113.0 12.0 2.9 0.4

BL11-58

132.2 273.0 140.8 0.8 0.6

including

158.0 218.7 60.7 1.5 0.8

including

162.1 188.0 25.9 1.7 0.8

also including

201.7 218.7 17.0 2.0 1.1

BL11-59 200 m SE 4.1 127.0 122.9 0.6 0.6

including

10.0 22.0 12.0 0.7 1.6

also including

55.0 69.0 14.0 1.5 0.9

also including

114.5 122.0 7.5 1.9 0.5

BL11-60 200 m SE 139.0 288.0 149.0 0.7 0.5

including

176.0 205.0 29.0 1.3 0.6

also including

214.0 239.5 25.5 1.4 0.6

BL11-61 100 m SE 17.0 130.6 113.6 0.5 0.7

including

28.0 62 34.0 0.7 1.3

including

34.0 49.2 15.2 1.0 1.4

BL11-62 0 m NW 4.0 144.0 140.0 0.5 0.8

including

4.0 51.0 47.0 1.0 1.7

BL11-63 500 m SE 122.0 158.0 36.0 0.5 0.5

BL11-64 100 m NW 9.0 24.8 15.8 0.5 0.4

BL11-64

55.0 77.0 22.0 1.3 1.7

BL11-65 550 m SE 97.9 181.0 83.1 0.5 0.6

including

135.9 147.0 11.1 0.9 1.4

also including

167.0 181.0 14 0.6 0.3

BL11-66 200 m NW 10.0 87.0 77 1.2 1.2

including

33.5 75.0 41.5 2.0 1.6

including

43.0 58.0 15 3.0 1.6

BL11-66

149.0 156.0 7.0 1.1 0.6

BL11-67 550 m SE 121.2 206 84.8 0.5 0.6

including

138.3 168.3 30 0.8 0.9

including

143.0 158 15 1.1 1.1

BL11-68 300 m NW 22.2 123 100.8 0.6 0.6

including

42.0 59.2 17.2 0.9 0.7

also including

98.0 103 5 2.6 1.0

BL11-69 400 m NW 28.5 99 70.5 0.6 0.6

including

73.8 99 25.2 1.1 1.1

BL11-70 650 m SE 135.8 196 60.2 0.7 0.9

including

135.8 151 15.2 1.5 2.3

BL11-71 650 m SE 144.8 205 60.2 0.6 0.6

including

144.8 169.8 25.0 1.1 1.1

BL11-72 500 m NW 48.4 110 61.6 0.9 0.8

including

66.1 103 36.9 1.3 1.0

including

84.7 103 18.3 1.7 1.0

BL11-73 600 m NW 37.0 44 7.0 1.5 0.6

BL11-73

130.0 175.4 45.4 0.8 1.0

including

141.0 155.3 14.3 1.1 1.4

BL11-73

202.8 210.7 7.9 1.1 0.9

BL11-74 750 m SE 4.4 8.7 4.3 1.9 0.2

BL11-74

121.0 176 55.0 0.5 0.5

including

158.0 174 16.0 0.9 0.2

BL11-75 750 m SE 140.0 208 68.0 0.6 0.7

including

142.0 162.2 20.2 1.1 1.5


Technical Report

.Final June 10 2014 149 of 179


Ag (g/t)

BL11-76 600 m NW 45.0 54 9.0 1.1 0.6

BL11-76

142.9 211.3 68.4 0.5 0.6

including

180.0 193 13.0 0.6 0.7

BL11-77 450 m SE 4.3 18 13.7 0.5 0.2

BL11-77

132.8 162 29.2 0.6 0.9

including

132.8 145 12.2 0.8 1.4

1 Discovery point is at location 0 m NW. Distances and directions measured from the discovery point.


Technical Report

.Final June 10 2014 150 of 179

Summary of Mineralized Intervals, August, 2011 to March, 2012 Drill Holes

DDH Number Location1 From (m) To (m) Width (m) Au (g/t) Ag (g/t)

BL11-78 800 m NW 94 98 4 1 0.8

BL11-79 450 m SE 7 24.7 17.7 2.3 0.2

including

21 24.7 3.7 9.2 0.5

BL11-79 450 m SE 110.5 211 100.5 0.6 0.6

including

155 172.5 17.5 1.2 0.9

BL11-80 800 m NW 101.8 121.6 19.8 0.6 0.5

BL11-80 800 m NW 180.4 187 6.6 10.9 0.8

including

183 184 1 12.7 1.1

including

184 185 1 57 2.2

BL11-81 350 m SE 123.1 217 93.9 0.6 0.5

including

148 176 28 1.1 0.7

BL11-82 350 m SE 86 215.9 129.9 0.8 0.5

including

156.7 195 38.3 1.8 0.9

BL11-83 250 m SE 75 188 113 0.6 0.6

including

110.5 151 40.5 0.9 0.8

BL11-84 750 m NW 83 213 130 0.6 0.4

including

189 202.3 13.3 0.9 1.1

BL11-85 250 m SE 80 196.2 116.2 0.8 0.7

including

98 116.6 18.6 1.1 0.8

also including

148 162.7 14.7 2.3 1.2

BL11-86 750 m NW 70 73.2 3.2 1.2 0.2

BL11-86

177.9 245.8 67.9 0.5 0.5

including

222 226 4 0.9 0.7

also including

242 245 3 0.9 0.4

BL11-87 150 m SE 58 177 119 0.6 0.6

including

69.7 71.7 2 1.1 1.2

also including

96.4 118 21.6 0.9 0.9

also including

128 143 15 0.9 0.8

also including

173 177 4 1.5 0.3

BL11-88 150 m SE 46.7 185 138.3 1 0.7

including

120 147.4 27.4 2.3 1.2

including

131 147.4 16.4 3.3 1.6

BL11-89 650 m NW 64 152 88 0.5 0.5

including

84.1 88.8 4.7 1.3 0.3

also including

117 127 10 1 0.9

BL11-90 100 m NW 97 98.5 1.5 15.8 0.5

BL11-90

192 251 59 0.7 0.6

including

192 194 2 1.7 0.4

also including

204 220 16 1.1 0.7

BL11-90

305 309 4 1.2 1.5

BL11-91 650 m NW 19 22.4 3.4 1.2 0.7

BL11-91

128.6 210 81.4 0.6 0.5

including

205 210 5 1.5 0.4

BL11-92 550 m NW 45 136 91 0.7 0.6

including

96 134 38 1 0.9

BL11-93 100 m NW 142 146 4 1 0.4

BL11-93

241 266.6 25.6 0.6 0.5

including

259 266.6 7.6 1 0.7

BL11-94 550 m NW 40 65 25 0.5 0.3

including

54.4 65 10.6 1 0.5

BL11-95 100 m NW 286 299.4 13.4 0.4 0.3

BL11-96 450 m NW 84.4 171 86.6 0.6 0.5

including

96.1 102.5 6.4 2.2 1.2


Technical Report

.Final June 10 2014 151 of 179


also including

106.8 123 16.2 1.1 1

BL11-97 450 m NW 64 142 78 0.6 0.6

including

110.3 142 31.7 1 0.9

BL11-97

191 193 2 1.5 0.4

BL11-98 300 m NW 254.7 287 32.3 0.7 0.5

including

254.7 258 3.3 1.5 0.9

also including

274 287 13 1.3 0.5

also including

281.4 287 5.6 2.1 0.9

Hole stopped in diabase

BL11-99 300 m NW 116.7 126 9.3 0.4 0.6


BL11-100 350 m NW 49 126 77 0.7 0.6

including

56.1 61 4.9 1.6 0.4

also including

95 97 2 3.1 1.1

including

93.3 126 32.7 1.1 0.9

BL11-100

169 174.1 5.1 0.7 0.3

BL11-101 300 m NW


BL11-102 350 m NW 61 70.1 9.1 1 0.2

BL11-102

93.6 128 34.4 1 0.8

including

99 112.4 13.4 1.7 1.1

BL11-103 500 m NW 176 190.6 14.6 0.5 0.2

BL11-103

213 360 147 0.5 0.4

including

286 304 18 1.1 0.7

also including

338.2 344 5.8 1.3 0.5

BL11-104 250 m NW 34.2 186 151.8 0.7 0.9

including

85.3 137 51.7 1.4 1

also including

102 114 12 2.4 1.3

BL11-105 500 m NW 294.7 403 108.3 0.3 0.4

including

329 331 2 1 0.5

also including

381 383.3 2 1 0.4

BL11-106 250 m NW 38 132.6 94.6 1 0.7

including

38 51.3 13.3 1.3 0.4

also including

75.5 132.6 57.1 1.3 0.9

also including

93 116 23 2.1 1.3

BL11-107 150 m NW


BL11-108 150 m NW 48.8 55.6 6.7 1 0.8


BL11-109 300 m NW 104.5 204.2 99.7 0.7 0.5

including

164 204.2 40.2 1.2 0.8

BL11-110 50 m NW 29 138 109 0.7 0.7

including

55.3 66.1 10.8 1.1 0.5

also including

98 116 18 1.3 1

BL11-111 50 m NW 41.5 142.4 100.9 1.1 0.8

including

69 104 35 1.6 0.8

also including

73.2 91 17.8 2 1

BL11-112 700 m NW 244 247 3 1.2 0.6

BL11-112

286 328 42 0.7 0.6

including

297 317.4 20.4 1 1

BL11-113 700 m NW 156 165 9 1.9 0.7

BL11-113

321 365 44 0.4 0.3

BL11-114 700 m NW

Hole lost

BL11-115 700 m NW 55.5 109 53.5 0.4


Technical Report

.Final June 10 2014 152 of 179


including

93 105 12 1.1

BL11-115

393.4 395.9 2.5 1.1

BL11-116 800 m NW 68 76 8 1

BL11-116

183.9 207.2 23.3 0.5

BL11-116

251.7 296 44.3 0.4

BL11-117 600 m NW 211.6 338 126.4 0.4

including

237 252.3 15.3 0.9

also including

327 334 7 1

BL11-118 600 m NW 163 168 5 0.4

BL11-118

300 381 81 0.4

including

344 348 4 1.3

also including

375 381 6 1

BL11-119 600 m NW 184 187 3 1.5

BL11-119

334 418 84 0.6

including

337 340.2 3.2 2.9

also including

361 366 5 1.5

also including

398 406 8 1.9

BL11-120 400 m NW 213 263.9 50.9 0.6

including

247 251 4 1.8

BL11-121 750 m SE 196 307 111 1.1

including

232 282 50 1.9

also including

262 271 9 5.6

BL11-122 400 m NW 233.1 278 44.9 0.4

BL11-123 700 m SE 33 34 1 1.2

BL11-124 900 m SE 177 224.2 47.2 0.4

including

177 193 16 0.6

BL11-125 400 m NW 181 233 52 1

including

191.8 206 14.2 2.4

BL11-125

320 328.4 8.4 0.7

BL11-125

365 371 6 0.6

BL11-126 900 m SE 41 41.8 0.8 3

BL11-126

79 86.4 7.4 0.6

BL11-126

167 248 81 0.8

including

199 223 24 1.6

BL11-127 1,000 m SE 160.2 212 51.8 0.5

including

189 196 7 1

BL11-128 200 m NW 136 162 26 1.8

including

139 144 5 5.9

also including

156.6 160 3.4 2.5

BL11-128

343.7 361 17.3 0.6

BL11-129 1,000 m SE 170.5 205 34.5 0.6

BL11-130 600 m SE 221.3 316 94.7 1

including

281.9 291 9.1 3.8

BL11-131 1,100 m SE 72 97 25 0.5

BL11-131

162 220 58 0.5

including

187.6 198.8 11.2 1

BL11-132 700 m SE 215 320 105 0.4

including

283 310 27 0.7

BL11-133 700 m SE 230.4 326 95.6 1

including

280 299 19 2.4

BL11-134 1,100 m SE 180.1 211.1 31 0.6

BL11-134

232 237 5 0.8

BL11-134

248 255 7 0.6

BL11-135 200 m NW No Significant Results

BL11-136 1,200 m SE 85 89 4 0.5


Technical Report

.Final June 10 2014 153 of 179


BL11-137 700 m SE 164 165 1 4.6

BL11-137

208.7 210 1.3 4.5

BL11-137

255 348 93 0.5

including

277 294 17 0.7

also including

312 314 2 1.7

also including

319 327 8 0.8

BL11-138 1,200 m SE 195 237.8 42.8 0.6

BL11-139 500 m SE 18 21 3 1

BL11-139

94 97 3 3.4

BL11-139

185 287 102 0.6

including

202 217 15 1.1

also including

258 272 14 1.3

BL11-140 Discovery 88 89.8 1.8 1.1

BL11-140

157 244 87 0.7

including

193 210 17 1.4

also including

233 236.6 3.6 1.6

BL12-141 1,300 m SE 160.7 179.3 18.6 0.4

BL12-142 500 m SE 196 322 126 0.8

including

232 238 6 1.5

also including

252 259 7 1.7

also including

272.5 289 16.5 1.4

BL12-143 Discovery 284.8 338 53.2 0.7

including

291 298 7 1.3

also including

307 318 11 1

also including

330 332.7 2.7 1.8

BL12-144 500 m SE 217 320 103 0.9

including

254 303 49 1.2

including

254 258 4 2.9

BL12-145 1,300 m SE 156.6 254 97.4 0.4

including

244 254 10 1

BL12-146 100 m SE 178 257 79 0.8

including

209 230 21 1.5

BL12-147 400 m SE 211.3 315 103.7 1

including

218 228 10 2.2

also including

254 279 25 1.4

BL12-148 900 m SE 80 92.2 12.2 0.5

BL12-149 300 m SE 183 287 104 0.8

including

187 222 35 1

including

187 191 4 2.8

also including

229.3 260 30.7 1

BL12-149

301.6 313 11.4 2.2

including

310 310.8 0.8 24.6

BL12-150 1,000 m SE 55 58.6 3.6 0.9

BL12-150

86 93.9 7.9 0.6

BL12-150

156 157 1 1.6

BL12-151 100 m SE 214 294.6 80.6 0.8

including

235.6 245.6 10 1.4

BL12-152 1,100 m SE 87 94.9 7.9 0.7

BL12-152

183 187 4 0.7

BL12-152

196 197 1 2.1

BL12-153 100 m SE 229.7 260 30.3 0.5

BL12-153

288 342 54 0.9

including

316 321 5 1.9

BL12-154 300 m SE 192 282 90 1

including

233.6 257.2 23.6 1.9


Technical Report

.Final June 10 2014 154 of 179


BL12-155 1,200 m SE 162 163 1 2.8

BL12-156 300 m SE 206 321 115 0.8

including

263 291 28 1.8

including

277 284 7 3.3

BL12-157 200 m SE 166 315 149 1

including

256 287 31 2.7

BL12-158 1,300 m SE 121 127.6 6.6 0.6

BL12-159 200 m SE 304 377 73 0.9

including

347 372 25 1.4

BL12-160 700 m SE 88 89 1 1.5

BL12-161 650 m SE 61.4 84.4 23 0.6

including

71 77 6 1

BL12-162 600 m NW 33 59.4 26.4 0.5

BL12-162

89.9 133.4 43.5 0.5

including

92 103 11 0.9

BL12-162

149.1 190 40.9 0.5

BL12-162

200 213 13 1

BL12-162

226.9 235 8.1 0.5

BL12-163 550 m SE 14 15.5 1.5 1.6

BL12-163

41 58 17 1.4

BL12-164 600 m NW 14.5 86.5 72 0.5

including

48.3 59 10.7 1

BL12-165 200 m SE 371.5 396 24.5 0.7

BL12-166 450 m SE 53 85.5 32.5 0.6

including

54 59.3 5.3 1.2

BL12-167 300 m SE 362 376.3 14.3 0.5

BL12-167

388 423 35 0.6

including

405.3 412 6.7 1.3


Technical Report

.Final June 10 2014 155 of 179

Summary of Mineralized Intervals, December, 2012 to April, 2014 Drill Holes

DDH Section From (m) To (m) Width (m) Au (g/t) Ag (g/t)

BL12-314 250mNW 373.9 382.5 8.6 0.7

BL12-315 450mSE 353.2 379.6 26.4 1.2

including 353.2 366 12.8 1.9

including 362 366 4.0 3.1

BL12-316 800mSE 355.3 360 4.7 4.4

BL12-316 383 412 29.0 0.7

including 403 409 6.0 1.4

BL12-317 450mNW 313 318 5.0 0.9

BL12-318 450mSE 344 347.9 3.9 0.7

BL12-318 355 360 5.0 1.0

BL12-318 369 376 7.0 0.7

BL12-318 382 398 16.0 0.7

BL12-319 150mNW 286 306 20.0 1.5

including 296 297 1.0 12.3

BL12-320 950mSE 240 244 4.0 1.4

BL12-320 330.1 355 24.9 1.3

including 348 353.7 5.7 2.6

BL12-321 350mNW No Significant Assays

BL12-322 350mNW 100 103 3.0 1.1

BL12-322 139 174.6 35.6 0.8

BL12-323 300mNW 211 220 9.0 0.7

BL12-324 350mSE 319.6 337 17.4 0.8

including 322 328 6.0 1.1

BL12-324 348 372.1 24.1 1.0

BL12-325 950mSE 315.3 327 11.7 1.4

BL12-325 337.2 360 22.8 1.1

BL12-326 150mNW 189.6 199 9.4 1.7

BL12-327 250mNW 94 108.3 14.3 0.7

BL12-327 125.3 179 53.7 1.6

including 135.8 161 25.2 2.5

BL12-328 150mNW 181 188 7.0 1.3

BL12-329 150mNW 141 206 65.0 1.1

including 157 171 14.0 1.9

also including 191 199 8.0 2.2

BL12-330 950mSE 304.9 312.6 7.7 0.9

BL12-330 344 354 10.0 1.0


Technical Report

.Final June 10 2014 156 of 179


BL12-330 364 379 15.0 1.3

BL12-331 350mSE 360.4 363 2.6 6.3

BL12-331 393 400 7.0 0.7

BL12-331 403.3 410.2 6.9 0.9

BL12-332 50mNW 104 171 67.0 1.3

including 104 129 25.0 1.6

including 123.5 129 5.5 3.4

BL12-333 50mSE 97.6 162 64.4 1.2

including 112 128 16.0 1.6


BL12-334 150mNW 213 235.2 22.2 1.5

including 229 233 4.0 2.9

BL12-334 239 261 22.0 0.8

BL12-335 1050mSE 335 340.1 5.1 0.9

BL12-335 351 372.3 21.3 2.5

BL12-336 50mSE 88.3 92 3.7 25.0

including 89 90 1.0 83.6

BL12-336 179.8 230 50.2 1.0

including 186 201 15.0 1.6

also including 203.5 226 22.5 1.0

BL12-337 350mSE 201.5 272 70.5 1.1

including 217 255 38.0 1.4

including 233 238 5.0 2.5

BL12-338 150mNW 315 326 11.0 1.7

including 323 324 1.0 10.9

BL12-338 348.7 360 11.3 0.7

BL12-339 50mSE 232 253.8 21.8 1.0

including 249 253 4.0 2.2

BL12-340 1050mSE 317 321 4.0 3.2

BL12-340 341.3 374 32.7 1.7

including 350 370 20.0 2.0

BL12-341 300mSE 298 308 10.0 0.7

BL12-341 337 371 34.0 1.2

including 348 358 10.0 2.2

BL12-342 50mNW 195.1 223.4 28.3 1.0

BL12-343 250mSE 166 237.6 71.6 1.0

including 173 197 24.0 1.5

also including 226 237.6 11.6 1.5


Technical Report

.Final June 10 2014 157 of 179


BL12-344 250mSE 212 213 1.0 72.0

BL12-344 228.7 261 32.3 1.2

BL12-344 266.4 288 21.6 0.6

BL12-345 50mNW 279 312 33.0 1.3

including 291 309 18.0 1.8

BL12-346 316.3 326.5 10.2 1.0

BL12-346 1050mSE 346 392.2 46.2 0.9

including 347.3 356 8.7 1.3

also including 374 392.2 18.2 1.2

BL12-347 450mSE 196 201.1 5.1 1.3

BL12-347 205 234 29.0 0.7

BL12-347 247.9 280 32.1 1.0

BL12-348 150mSE 174 239 65.0 1.2

including 190 208 18.0 1.4

also including 213 237.9 24.9 1.6

BL12-348 284.4 288 3.6 5.0

including 286.1 286.9 0.8 19.8

BL12-349 400mSE 253.1 327 73.9 1.1

including 279 314 35.0 1.6

BL12-350 1100mSE 371.2 428.6 57.4 0.8

including 393 417.4 24.4 1.2

including 414 417.4 3.4 2.2

BL12-351 150mSE 246 311 65.0 1.0

including 246 252.2 6.2 1.7



BL12-352 450mSE 267.7 281 13.3 8.2

including 271 278.7 7.7 13.8

BL12-352 295.9 323 27.1 1.0

including 301.5 306 4.5 1.4

also including 314 319.2 5.2 1.4

BL12-353 1150mSE 320.7 350.4 29.7 1.8

including 335 343.8 8.8 3.8

BL12-354 500mSE 2.3 5.8 3.5 1.4

BL12-355 150mSE 116.6 178 61.4 1.4

including 127 150 23.0 2.5


BL12-356 277 295 18.0 4.8


Technical Report

.Final June 10 2014 158 of 179


including 280 281 1.0 55.3


BL12-356 500mSE 300 342 42.0 1.2

including 306 326.7 20.7 1.7

BL13-357 750mSE 358.7 388.2 29.5 1.4

BL13-358 900mSE 249.5 286 36.5 4.5

including 262 273.7 11.7 11.9

including 263 264 1.0 102.0

BL13-359 1150mSE 335.5 362.2 26.7 3.2

including 349.6 362.2 12.6 5.9

BL13-360 750mSE 296 322.9 26.9 1.1

BL13-360 349 357.2 8.2 1.2

BL13-361 850mSE 257.5 294.7 37.2 1.1

including 260 275 15.0 1.8

including 260 267 7.0 2.1

also including 282.3 288 5.7 1.3

BL13-362 1150mSE 334.1 377 42.9 3.4

including 344 375 31.0 4.3

including 364.4 369.1 4.7 14.1

BL13-363 850mSE 248 280.5 32.5 2.4

including 259.4 268.4 9.0 5.1

BL13-364 750mSE 327 335 8.0 2.4

BL13-364 361 391.9 30.9 1.0

including 362 367 5.0 1.7

BL13-365 1150mSE 345 387.8 42.8 1.3

including 354 375 21.0 1.7

including 369.1 375 5.9 2.7


BL13-366 850mSE 257 317 60.0 1.2

including 269 273 4.0 4.5

BL13-367 1150mSE 372 391.7 19.7 1.0

BL13-367 1150mSE 399.1 404 4.9 3.0

BL13-368 800mSE 257 290 33.0 1.3

including 262 271 9.0 2.3

BL13-369 700mSE 246 257 11.0 0.9

BL13-369 700mSE 295.3 302.6 7.3 1.2

BL13-370 800mSE 259.6 289.4 29.8 1.1

including 259.6 264.8 5.2 2.4


Technical Report

.Final June 10 2014 159 of 179


BL13-371 650mSE 286.4 305 18.6 1.2

including 294 299.3 5.3 2.4

BL13-372 1150mSE 362 363.2 1.2 13.5

BL13-372 1150mSE 374.2 380 5.8 1.1

BL13-373 650mSE 275.8 291 15.2 1.2

BL13-373 650mSE 322 348.3 26.3 1.0

BL13-373 650mSE 351.8 362 10.2 1.0

BL13-374 800mSE 265 314 49.0 2.3

including 265 280 15.0 5.7

BL13-375 1200mSE 339.9 364.7 24.8 11.9

including 345 354.9 9.9 13.4

also including 363.6 364.7 1.1 127.0

BL13-375 1200mSE 388 390 2.0 5.4

BL13-376 1200mSE 362.6 395 32.4 2.6

including 370.1 388 17.9 3.3

BL13-377 1100mNW 60 64 4.0 1.7

BL13-378 1700mSE 348 392 44.0 2.9

including 358 383 25.0 4.6

including 358 376 18.0 5.7

including 362 374.9 12.9 7.4

BL13-379 1200mSE 233 274 41.0 1.6

including 254.8 270.3 15.5 2.3

BL13-380 600mSE 318 358 40.0 1.2

including 318 327.5 9.5 1.9

BL13-381 850mSE 363.7 402.2 38.5 1.2

including 370.4 374.8 4.4 2.8

BL13-382 1150mSE 166.8 185.9 19.1 1.2

BL13-383 1100mNW 85 105 20.0 2.0

including 91 99 8.0 3.2

BL13-383 1100mNW 143 152 9.0 1.5

BL13-384 1700mSE 392 402.2 10.2 12.5

including 397 398 1.0 77.3

BL13-385 900mNW 85 95 10.0 0.9

BL13-385 159 162 3.0 1.2

BL13-386 1150mSE 214.8 220 5.2 1.3

BL13-387 850mSE 314.4 328.5 14.1 1.1

BL13-387 331.5 339.1 7.6 1.0

BL13-387 371 392.7 21.7 1.1


Technical Report

.Final June 10 2014 160 of 179


including 371 375 4.0 2.9

BL13-388 600mNW 86 90 4.0 1.2


BL13-390 1700mSE 332.5 336.9 4.4 1.3

BL13-391 850mSE 341.6 347.5 5.9 2.8

BL13-391 380.5 395.6 15.1 1.2

including 380.5 386.5 6.0 1.8

BL13-392 1050mSE 93.3 98.5 5.2 1.2

BL13-392 186 195.6 9.6 1.2

BL13-393 1050mSE 216 225 9.0 1.1

BL13-393 232 235.9 3.9 1.7

BL13-394 1800mSE 341 352 11.0 1.4

BL13-394 378 388.7 10.7 4.7

BL13-395 900mSE 319.6 328 8.4 2.4

BL13-395 348 365 17.0 1.4

BL13-396 950mSE 185 190.6 5.6 1.7

BL13-396 221 222.1 1.1 8.7

BL13-397 1900mSE 281 282.5 1.5 6.8

BL13-397 372 396.2 24.2 1.2

including 372 377.4 5.4 1.8

BL13-398 950mSE 196 235.7 39.7 1.1

including 218 224.5 6.5 2.0

BL13-399 1250mSE 307.1 333.2 26.1 8.5

including 313.5 331.2 17.7 12.0

BL13-400 900mNW 85 95 10.0 1.5

BL13-401 1250mSE 312 348.3 36.3 4.2

including 327.9 348.3 20.4 6.7

including 342.2 348.3 6.1 17.5

BL13-402 1800mSE 396 423.1 27.1 6.4

including 401.9 411.1 9.2 11.1

BL13-403 1900mSE 297.1 299.6 2.5 1.8

BL13-403 394 433 39.0 5.0

including 396 409 13.0 11.2

including 402.1 409 6.9 15.7

BL13-404 900mNW 146 155 9.0 0.9

BL13-404 161 169 8.0 0.9

BL13-405 950mNW 87 103.4 16.4 1.4

BL13-406 1200mSE 404.8 415 10.2 1.1


Technical Report

.Final June 10 2014 161 of 179


BL13-407 1250mSE 291 315.9 24.9 2.1

including 307 315.9 8.9 3.5

BL13-408 950mNW 117.5 124 6.5 1.1

BL13-409 950mNW 122 171 49.0 1.8

including 122 129.6 7.6 2.6


BL13-410 1300mSE 291.8 294.2 2.4 5.0

BL13-411 550mSE No Significant Assays

BL13-412 800mNW 101 103 2.0 2.9

BL13-412 196 223 27.0 1.1

including 205.9 222.2 16.3 1.4

BL13-413 1300mSE 286 305.4 19.4 5.2

including 295.1 305.4 10.3 8.3

including 298.3 302 3.7 17.7

BL13-414 1200mSE 357 359.3 2.3 1.6

BL13-414 419.3 426.6 7.3 1.2

BL13-415 550mSE 187 209.7 22.7 1.6

including 198 209 11.0 2.3

BL13-416 850mNW 125.1 132 6.9 1.0

BL13-417 1300mSE 289.4 325.2 35.8 3.6

including 306.1 321.9 15.8 6.4

BL13-418 850mNW 96 117 21.0 0.9

BL13-419 500mSE 200.6 218 17.4 1.3

including 212 217 5.0 2.3

BL13-420 1300mSE 295.5 342.5 47.0 6.8

including 307 342.5 35.5 8.8

including 333.8 341.8 8.0 32.7

BL13-421 1100mSE 337 366.4 29.4 5.9

including 341 347.5 6.5 15.3

BL13-422 850mNW 162.4 195 32.6 1.0

including 179.1 182 2.9 3.1


BL13-424 550mNW 170 183.1 13.1 0.9

including 170 177.1 7.1 1.1

BL13-425 1250mSE 340.3 375.7 35.4 2.1

including 357.7 370.5 12.8 3.2

including 360 365.2 5.2 4.6

BL13-426 350mSE 193.8 209.8 16.0 1.3


Technical Report

.Final June 10 2014 162 of 179


BL13-426 213.1 215.2 2.1 2.3

BL13-427 1050mSE 364.4 385 20.6 1.5

BL13-428 500mNW DRILLED DOWN DIP

BL13-429 300mSE 139 163 24.0 0.8

BL13-429 171.2 185.9 14.7 0.8

BL13-429 189 214 25.0 0.8

BL13-430 1250mSE 347.2 354 6.8 1.7

BL13-430 364.7 387.5 22.8 4.2

BL13-431 950mSE 303.7 316.6 12.9 1.0

BL13-431 334 355.1 21.1 5.2

including 344 345 1.0 73.5

BL13-432 250mSE 139 158.2 19.2 0.9

BL13-433 500mNW 86.1 90 3.9 2.7

BL13-434 1250mSE 300 307.2 7.2 1.7

BL13-434 366.8 402.5 35.7 1.7

including 390.3 401 10.7 3.2

BL13-435 250mSE 166 176 10.0 1.2

BL13-435 180 225.2 45.2 1.4

including 180 187.6 7.6 2.7


BL13-436 450mNW 32 34 2.0 3.3

BL13-437 400mNW 63 68 5.0 3.0

BL13-438 300mNW 94.4 98 3.6 1.3

BL13-439 1000mSE 326.3 351.2 24.9 1.7

BL13-440 200mSE 281 312 31.0 1.3

including 301.2 306 4.8 2.7

BL13-441 200mNW 35.7 39 3.3 2.5

BL13-441 104.9 110.9 6.0 3.3

BL13-442 1050mSE 435.1 457.3 22.2 1.0

BL13-443 150mNW 36 46 10.0 1.2

BL13-444 150mNW 90 140 50.0 1.4

including 103.5 107 3.5 2.6


BL13-445 250mSE 350 374 24.0 1.0

including 366 374 8.0 1.5

BL13-446 900mSE 385.4 389 3.6 3.0

BL13-446 471 485 14.0 1.1

BL13-447 150mNW 65.5 82.8 17.3 1.3


Technical Report

.Final June 10 2014 163 of 179


BL13-447 87.9 107.3 19.4 1.6

BL13-447 109.7 125 15.3 1.4

BL13-447 128 134 6.0 1.7

BL13-448 150mNW 180 188.7 8.7 1.9

BL13-448 191 197.6 6.6 1.5

BL13-449 250mSE 374 398.8 24.8 0.9

BL13-450 1050mSE 387 397.8 10.8 3.4

including 395 396.9 1.9 12.4

BL13-451 150mNW 209 228 19.0 2.2

including 213.7 226.1 12.4 3.0

BL13-452 950mSE 417 422.5 5.5 1.7

BL13-452 448 455 7.0 1.6

BL13-453 150mSE 371 382 11.0 1.3

BL13-454 150mNW 247.8 253 5.2 2.4

BL13-455 1500mSE 260.9 263.1 2.2 9.5

BL13-455 340.6 385 44.4 4.0

including 370.7 385 14.3 11.1

including 379.9 385 5.1 20.7

BL13-456 150mSE 400 405.4 5.4 1.4

BL13-457 150mNW NSA

BL13-458 1600mSE 383 424 41.0 5.1

including 398 409.6 11.6 15.1

BL13-459 1800mSE 464 470 6.0 2.1

BL13-460 1700mSE HOLE DEVIATED

BL13-461 1500mSE 385.7 392.9 7.2 2.5

BL13-462 1600mSE 379 403.4 24.4 1.3

including 393.7 398 4.3 4.1

BL13-463 1550mSE 405.7 416.3 10.6 3.6

BL13-464 1700mSE 464 473 9.0 2.5

BL13-465 1750mSE 435 438 3.0 1.6

BL13-465 461 464.2 3.2 2.2

BL13-466 1600mSE 388 416.1 28.1 1.3

including 408 416.1 8.1 3.1

BL13-467 1700mSE 386.8 390 3.2 2.0

BL13-467 482 491 9.0 2.3

BL13-468 1550mSE 407 432.4 25.4 1.1

including 428.3 432.4 4.1 2.3

BL13-469 1800mSE 397.3 400.9 3.6 2.1


Technical Report

.Final June 10 2014 164 of 179


BL13-469 478 497.5 19.5 1.2

including 493.7 497.5 3.8 2.2

BL13-470 1600mSE 413.4 437 23.6 1.3

including 430 437 7.0 2.5

including 434 435 1.0 10.1

BL13-471 1850mSE 466.5 492.6 26.1 1.4

including 471 477 6.0 2.7

BL13-472 1750mSE 438 468.2 30.2 1.9

including 443 449 6.0 4.6

including 443 444 1.0 21.3

BL13-472 489.7 499.3 9.6 1.8

BL13-473 1800mSE 442.5 451.4 8.9 2.7

BL13-473 463 514 51.0 1.4

including 481 489.8 8.8 3.7

BL13-474 2000mSE 488 500 12.0 1.3

BL13-474 529 531 2.0 6.9

BL13-474 558.2 559.4 1.2 67.3

BL13-475 1750mSE 444.7 469 24.3 2.7

including 459.1 469 9.9 5.3

BL13-476 1900mSE 467.1 469.5 2.4 8.4

BL13-476 484 492.8 8.8 8.1

including 486.7 490.4 3.7 16.5

BL13-477 1800mSE 455.9 487.2 31.3 4.0

including 464 487.2 23.2 5.5

including 481 487.2 6.2 11.3

BL13-478 1750mSE 452 464.4 12.4 10.9

including 455.6 464.4 8.8 14.9

BL13-479 1850mSE 473.5 489.2 15.7 5.2

including 482.2 489.2 7.0 8.6

BL13-480 1900mSE 394 397 3.0 3.5

BL13-480 491.8 509 17.2 2.0

including 499.4 508.3 8.9 2.7

BL13-481 2000mSE 513 539.4 26.4 1.8

including 520 524 4.0 2.9

also including 535.8 539.4 3.6 5.1

BL13-482 1750mSE 456.4 464.8 8.4 1.8

BL13-482 468 469.2 1.2 90.9



Technical Report

.Final June 10 2014 165 of 179


BL13-484 1650mSE LOST HOLE

BL13-485 2000mSE 522 546.2 24.2 4.1

including 544 544.9 0.9 58.6

BL13-486 1850mSE 496 511.1 15.1 1.7

including 508.1 511.1 3.0 4.0

BL13-487 1650mSE 402.5 448 45.5 1.3

including 421 430.6 9.6 3.2

BL13-488 1650mSE 401 443 42.0 3.1

including 411 420.2 9.2 7.0

BL13-489 75mSE 89.7 151.8 62.1 1.0

including 126 135 9.0 2.9

BL13-489 159 183 24.0 0.9

including 163.1 168 4.9 1.8

BL13-490 1950mSE 470.6 501 30.4 3.3

including 489.5 499.4 9.9 7.1

BL13-491 75mSE 51.9 81.8 29.9 1.4

including 59.7 77.9 18.2 2.0

BL13-491 94 147 53.0 1.5

including 120.2 138 17.8 3.1

including 128.5 137 8.5 5.2

BL13-491 167 174.4 7.4 1.3

BL13-492 1650mSE 421.3 429 7.7 7.6

BL13-492 0 0 0.0 0.0

BL13-493 2000mSE 563.1 578.4 15.3 3.5

including 565.8 574.2 8.4 4.8

BL13-494 75mSE 69.2 86.8 17.6 2.3

including 77.1 86.8 9.7 3.6

BL13-494 104.1 144 39.9 1.0

including 104.1 113 8.9 1.5

BL13-495 25mSE 59 80 21.0 1.1

BL13-495 87 118.9 31.9 0.8

BL13-495 131 141 10.0 1.8

BL13-496 1650mSE 438.7 454 15.3 1.5

BL13-497 25mSE 57.2 153 95.8 2.0

including 78.8 87.4 8.6 6.5

also including 92.3 96.3 4.0 4.9


BL13-498 1950mSE 483 500.9 17.9 3.7


Technical Report

.Final June 10 2014 166 of 179


including 494.7 496.9 2.2 20.3

BL13-498 506.3 511.4 5.1 6.7

BL13-498 537.2 538.8 1.6 37.6

BL13-499 25mSE 81.6 94.6 13.0 1.3

BL13-499 97.5 129.1 31.6 1.4

including 105.8 111.2 5.4 3.5

BL13-499 135.8 151.1 15.3 1.4

BL13-500 75mSE 19 33.8 14.8 1.1

BL13-500 47 63 16.0 0.9

BL13-500 113 126.4 13.4 1.1

BL13-501 950mSE 429.6 456.6 27.0 1.0

including 449.3 456.6 7.3 1.8

BL13-502 125mSE 109.9 169.4 59.5 1.4

including 119.3 127 7.7 4.9

BL13-503 125mSE 99 175 76.0 1.3

including 113 133 20.0 2.8

BL13-504 700mSE 249.1 270 20.9 1.1

including 249.1 255 5.9 2.2

BL13-505 1000mSE 477 492 15.0 1.0

BL13-506 125mSE 36 53 17.0 4.2

including 38 41 3.0 19.3

BL13-506 121.1 132 10.9 1.7

BL13-506 136.2 156.9 20.7 1.4

BL13-506 164.9 194.8 29.9 1.5

including 176.9 188 11.1 2.5

BL13-507 1950mSE 509.2 532.2 23.0 1.5

including 523.6 528 4.4 4.7

BL13-507 553.4 567.3 13.9 5.6

including 556.1 560.1 4.0 10.5

BL13-508 25mSE 101.7 177.6 75.9 1.1



BL13-511 650mSE 15.4 21 5.6 2.5

BL13-512 1100mSE 483.2 493 9.8 1.2

BL13-513 300mSE NSA

BL13-514 250mSE 37.7 42.7 5.0 4.6

BL13-515 150mSE 203.3 218.4 15.1 2.0

including 208.4 213.2 4.8 3.1


Technical Report

.Final June 10 2014 167 of 179


BL13-515 222.6 241.6 19.0 1.0

BL13-516 300mNW 263 270.7 7.7 3.4

including 266 270 4.0 4.6


BL13-518 800mSE 395 402.5 7.5 1.2

BL13-518 428 434 6.0 2.3


BL13-520 150mSE 216 264.8 48.8 1.0

including 237.5 240.5 3.0 2.9

BL13-521 50mNW 82 100 18.0 0.8


BL13-523 50mSE 182 222 40.0 1.0

including 186.3 195.7 9.4 1.5


BL13-524 800mSE 314 336 22.0 1.4

BL13-524 370 414 44.0 1.0

including 371.8 377 5.2 3.0

BL13-525 400mNW 290.5 294.1 3.6 2.7

BL13-526 50mSE 203.1 240.2 37.1 1.3

including 206 218 12.0 2.3

BL13-527 800mSE 374 390.2 16.2 1.1

BL13-528 350mSE 217 231.8 14.8 1.5

including 222.6 231 8.4 2.2

BL13-528 246 263 17.0 1.0

BL13-529 0m 189 233 44.0 1.1

including 191.1 208 16.9 1.7

BL13-530 850mSE 311 312 1.0 25.8

BL13-530 331.1 337 5.9 1.0

BL13-530 363 365 2.0 2.0

BL13-530 373 378 5.0 1.1

BL13-531 400mSE 260.6 283.3 22.7 1.4

including 270 273 3.0 3.3

BL13-531 292 303 11.0 1.3

BL13-532 900mSE 358.7 378.6 19.9 1.0

including 373 378.6 5.6 1.7

BL13-533 550mSE 249.2 254 4.8 2.6

BL13-533 261 270 9.0 1.0

BL13-533 294.8 299 4.2 4.5


Technical Report

.Final June 10 2014 168 of 179


BL13-533 307.3 346.4 39.1 1.4

including 310 312.8 2.8 5.1


BL13-534 50mNW 205 210 5.0 2.0

BL13-534 241.7 258 16.3 1.0

BL13-535 950mSE 324.7 337 12.3 2.2

including 326 329.6 3.6 5.0

BL13-535 350 365.6 15.6 1.0

BL13-536 600mSE 208 220 12.0 2.1


BL13-538 1000mSE 335.6 366 30.4 1.3

BL13-539 500mSE 234.8 251.8 17.0 2.1

including 237 238.9 1.9 9.4

BL13-539 263 284.5 21.5 1.5

including 264.5 269 4.5 2.5

BL13-540 900mSE 415.2 429 13.8 1.0

BL13-541 400mSE 209.6 227 17.4 1.8

including 214 217 3.0 6.2

BL13-541 243 261 18.0 2.0

including 245 246 1.0 22.5

BL13-542 500mSE 430.2 435.4 5.2 1.1

BL13-543 500mSE 353 383 30.0 1.5

including 354.1 358 3.9 4.1

BL13-544 1050mSE 344.6 374 29.4 2.4

including 350 353 3.0 4.2



BL13-545 550mSE 403.4 416.3 12.9 1.3

including 413.4 416.3 2.9 3.4

BL13-546 550mSE 353 373.7 20.7 1.8

including 363 371 8.0 2.7

BL13-547 1100mSE 341 368 27.0 1.1

BL13-548 2000mSE 480 493.2 13.2 1.4

including 489.7 493.2 3.5 3.5

BL13-549 1700mSE 449 453.6 4.6 8.2

including 452.6 453.6 1.0 29.0

BL13-550 1800mSE 452.9 462.8 9.9 6.6

including 456 458.3 2.3 16.4


Technical Report

.Final June 10 2014 169 of 179


BL13-550 502 510.2 8.2 1.4

BL13-551 1900mSE 450.1 487 36.9 1.9

including 465.7 481.1 15.4 3.3

BL13-552 1750mSE 459.4 464.8 5.4 5.7

BL13-553 1800mSE 464.2 468.5 4.3 5.4

BL13-553 475.9 485.8 9.9 4.4

including 479 481 2.0 11.2

BL13-554 2000mSE 514 549 35.0 4.0

including 524 544 20.0 6.5

BL13-555 2000mSE 476.4 500.6 24.2 1.0

including 491.9 494.8 2.9 2.8

BL13-556 1750mSE 450.9 467 16.1 8.2

including 458 462 4.0 15.0

BL13-557 1850mSE 463 487.2 24.2 3.8

including 471.3 486 14.7 5.1

including 481 483.8 2.8 17.1

BL13-558 1650mSE 394 431 37.0 4.3

including 402.5 425.7 23.2 6.3

including 413 425.7 12.7 9.9

BL13-559 2000mSE 545 546.8 1.8 2.7

BL13-559 555.9 559.5 3.6 1.7

BL13-560 1650mSE 412.7 417 4.3 5.9

BL13-561 1950mSE 517.5 524.8 7.3 1.2

BL13-562 1600mSE 382 424 42.0 4.9

including 395 408.9 13.9 12.9

including 397.2 406 8.8 17.2

BL13-563 1650mSE 425.4 438 12.6 1.3

BL13-564 2000mSE 584.4 600 15.6 3.8

including 590 597.3 7.3 5.5

BL13-565 1600mSE 391 410 19.0 1.0

BL13-566 2000mSE 485 492 7.0 1.8

BL13-566 623 636 13.0 1.7

BL13-567 1950mSE 484.8 502.3 17.5 6.6

including 494 502.3 8.3 11.0

BL13-493 2000mSE 598 601 3.0 14.7

BL13-567W 1950mSE 487.1 532 44.9 2.5

including

487.1 502.4 15.3 4.7

including

492.6 502.4 9.8 6.2


Technical Report

.Final June 10 2014 170 of 179


also including 525.2 530.8 5.6 4.8

BL13-568 1950mSE 491 509.5 18.5 2.8

including 498.5 509.5 11.0 4.4

BL13-568 525.5 538 12.5 3.1

BL13-569 1900m SE 470 503 33.0 2.9

including 488.8 491 2.2 18.5

BL13-570 1850mSE 439 500 61.0 1.1

including 456.3 474.2 17.9 2.3

including 461 468.1 7.1 3.2

BL13-571 1850mSE 481 521 40.0 1.0

BL14-572 1800mSE 480 492.2 12.2 4.5

including 488.5 491 2.5 12.8

BL14-573 1850mSE 458 497 39.0 16.3

including 465 484.4 19.4 31.6

including 476 484.4 8.4 66.3

including 480 482 2.0 238.0

BL14-574 2000mSE 653 662 9.0 1.1

BL14-575 1950mSE 559.5 577.2 17.7 2.7

including 564.5 572.8 8.3 3.4

BL14-576 1800mSE 510 520.3 10.3 2.3

BL14-577 1850mSE 515.4 538.7 23.3 1.3

including 529 538.7 9.7 2.0

BL14-578 1900mSE 426.3 429 2.7 6.9

BL14-578 1900mSE 534 549 15.0 1.8

including 540 549 9.0 2.4

BL14-579 1850mSE 554 565.8 11.8 1.0

BL14-580 1950mSE 586.7 612 25.3 1.4

including 597.4 606 8.6 2.3

BL14-581 1900mSE 459.1 464.4 5.3 1.3

BL14-581 1900mSE 557.9 563.9 6.0 1.7

BL14-582 950mSE 237.9 268 30.1 3.5

including 237.9 240.8 2.9 14.1

also including 253.3 260.5 7.2 4.4

BL14-583 1000mSE 232 271.5 39.5 7.0

including 243 271.5 28.5 9.1

including 243 259 16.0 12.4

BL14-584 1050SE 237 271.8 34.8 5.1

including 247 259.6 12.6 11.4


Technical Report

.Final June 10 2014 171 of 179


BL14-585 Lost Hole

BL14-586 1100SE 223 260 37.0 2.5

including 244.1 260 15.9 4.6

including 244.1 248 3.9 8.7

BL14-587 2200mSE 495 507.3 12.3 1.4

including 500.7 507.3 6.6 2.1

BL14-587W 2200mSE 493 509.9 16.9 1.3

including 497 501 4.0 3.5

BL14-588 2200mSE Lost Hole

BL14-589 2100mSE 537.3 556.9 19.6 2.3

including 538 543 5.0 5.0


BL14-589W 2100mSE 421 429.2 8.2 1.8

including 427.8 429.2 1.4 5.3

BL14-590 2300mSE 488 499.1 11.1 1.1

including 494.6 497.2 2.6 2.8

BL14-591 2200mSE 536.4 553 16.6 1.3

including 536.4 540.6 4.2 2.9

BL14-592 2300mSE 445 509 64.0 2.0

including 483 503.3 20.3 4.3

including 487 502 15.0 5.0

BL14-593 2300mSE 534.5 552 17.5 1.1

BL14-594 2500mSE 452 475 23.0 1.2

including 468 475 7.0 2.0

BL14-594 489.1 499.4 10.3 7.7

including 493 498 5.0 12.1

BL14-594 509 517.3 8.3 2.0

BL14-595 2100mSE 454 488 34.0 2.5

including 465 486 21.0 3.3

including 477 485 8.0 6.8

BL14-596 2400mSE 566 570.9 4.9 2.3

BL14-597 2400mSE 490 500 10.0 1.6

including 494 500 6.0 2.2

BL14-597 515 517 2.0 4.5

BL14-597 523 524.8 1.8 32.5

BL14-598 2300mSE 444 467 23.0 1.5

including 458 466 8.0 2.4

BL14-599 2200mSE 480 504.3 24.3 1.5


Technical Report

.Final June 10 2014 172 of 179


including 484 489.3 5.3 2.0

also including 503 504.3 1.3 13.7

BL14-600 2100m SE 558.8 577.1 18.3 3.0

including 567.1 574 6.9 5.4

BL14-601 2500mSE 453 468 15.0 1.7

BL14-601 499 515 16.0 1.4

including 502 506.8 4.8 2.8

BL14-602 2300mSE 480 509.2 29.2 1.3

including 482.9 488 5.1 2.0

also including 503.2 504.4 1.2 9.3

BL14-603 2100mSE 468 498 30.0 2.6

including 472 475 3.0 9.9


BL14-604 2300mSE 551.6 569.5 17.9 3.6

including 551.6 557.4 5.8 8.4

including 553.5 557.4 3.9 10.6

BL14-605 2400mSE 553 577.8 24.8 1.1

including 553 556 3.0 3.6

BL14-606 2200m SE 471.6 502 30.4 1.6

including 471.6 486 14.4 2.6

including 477 482 5.0 5.4

BL14-607 2500mSE 529 532.8 3.8 2.9

BL14-607 551.9 563.6 11.7 1.4

including 561 563.6 2.6 2.9

BL14-608 2600mSE 454 480.6 26.6 1.6

including 475 477.9 2.9 8.7

BL14-609 2400mSE 440 480 40.0 2.3

including 454.2 478.5 24.3 3.3

including 475.3 478.5 3.2 10.8

BL14-610 2500mSE 470 484 14.0 1.2

including 470 473 3.0 2.4

BL14-611 2400mSE 495 566 71.0 3.5

including 509 513.7 4.7 25.1

including 512.8 513.7 0.9 82.6

also including 528 544.3 16.3 4.5

including 529 537 8.0 5.6

BL14-612 2300mSE 489.4 492 2.6 4.3

BL14-614 2100mSE 604.6 606.6 2.0 2.4


Technical Report

.Final June 10 2014 173 of 179


BL14-615 2200mSE 572 610 38.0 2.2

including 593.1 603.8 10.7 5.1

including 599.2 603.8 4.6 7.1

BL14-616 2100mSE Parent --- --- ---

BL14-616W 2100mSE 594 634 40.0 3.0

including 609 620.3 11.3 4.5

including 630 631 1.0 41.6

BL14-617 1150mSE 245.7 261 15.3 2.7

including 246.7 253.8 7.1 4.0

BL14-618 2100mSE 631 649 18.0 3.0

including 638 643.8 5.8 5.1

BL14-619 2200mSE 628 634 6.0 1.7

Including 631.8 633 1.2 4.5


Technical Report

.Final June 10 2014 174 of 179

Summary of Mineralized Intervals, April, 2012 to November, 2012 Drill Holes


BL12-168 350mSE 80.8 115 34.2 0.6

BL12-168 350mSE 130 135 5.0 1.0

BL12-169 100mSE 339 342 3.0 0.9

BL12-169 100mSE 349.9 370.9 21.0 0.7

BL12-169 100mSE 379.5 389 9.5 0.5

BL12-170 300mSE 419.4 451 31.6 0.5

BL12-171 250mSE 27 28 1.0 1.1

BL12-172 100mSE 394 410 16.0 0.6

BL12-172 100mSE 432 442.5 10.5 0.5

BL12-173 150mSE 31.5 110 78.5 0.6

Including 67.5 86 18.5 1.4

BL12-174 50mSE 4 95 91.0 0.8

Including 4 12.3 8.3 2.6

BL12-175 400mSE 315 374.4 59.4 0.6

Including 349 356 7.0 1.6

BL12-176 50mNW 3.2 72 68.8 0.8

Including 25 33.7 8.7 1.2

BL12-176 50mNW 130.1 160 29.9 0.6

BL12-177 0m 390 396 6.0 1.9

BL12-177 0m 419.4 425 5.6 0.6

BL12-178 150mNW 4 69 65.0 1.0

Including 40 51 11.0 2.1

Also including 56 64 8.0 1.5

BL12-179 250mNW 4 76 72.0 1.0

Including 28.8 49.8 21.0 1.4

BL12-179 250mNW 130 143 13.0 0.6

BL12-180 400mSE 344 412 68.0 0.5

Including 344 350 6.0 1.5

BL12-181 350mNW 12.5 74 61.5 0.7

Including 47 50 3.0 2.2

BL12-182 0m 335 337 2.0 1.1

BL12-183 500mSE 300.6 378.2 77.6 0.7

Including 349 376 27.0 1.0

BL12-184 450mNW 26 89 63.0 0.7

Including 47 62 15.0 1.0

Also including 83.2 89 5.8 2.0

BL12-185 550mNW 15 61.3 46.3 0.7

BL12-186 500mSE 326 396 70.0 0.6

Including 374 391 17.0 1.4

BL12-187 650mNW 33 42 9.0 0.9

BL12-187 650mNW 61 117 56.0 0.6

Including 107 114 7.0 1.2

BL12-188 100mNW 446 448 2.0 2.5

BL12-189 700mNW 48 132 84.0 0.5

BL12-190 600mSE 301 328 27.0 0.6

BL12-190 600mSE 346 382 36.0 0.9

Including 357.1 370 12.9 1.8

BL12-191 750mNW 25 28.5 3.5 1.2

BL12-191 750mNW 121.8 158 36.2 0.6

BL12-192 800mNW 107 180 73.0 0.6

Including 164 168.5 4.5 1.2

BL12-193 600mSE 311 393 82.0 1.1

Including 350.1 352 1.9 17.5


Technical Report

.Final June 10 2014 175 of 179


Also including 372 385 13.0 2.3

BL12-194 650mNW 218 233 15.0 0.5

BL12-194 650mNW 279 326 47.0 0.5

BL12-194 650mNW 370.4 373.9 3.5 1.1

BL12-195 100mNW 364 365 1.0 2.7

BL12-195 100mNW 404 405 1.0 1.9

BL12-196 700mSE 296.0 323 27.0 0.6

BL12-196 700mSE 340.0 383 43.0 0.9

Including 349.0 357 8.0 2.2

BL12-197 650mNW 149.8 158.2 8.4 1.7

BL12-197 171.0 197 26.0 0.5

including 183.0 189 6.0 1.4

BL12-197 214.0 228 14.0 1.3

including 225.0 228 3.0 3.1

BL12-197 266.2 281 14.8 0.5

BL12-197 324.0 325 1.0 13.7

BL12-197 342.0 348.0 6.0 0.8

BL12-198 700mSE 311.0 347.0 36.0 1.7

including 339.0 341.0 2.0 21.1

BL12-198 362.0 392.0 30.0 0.7

including 363.0 370.0 7.0 1.0

BL12-199 150mNW 468.0 472.0 4.0 0.7

BL12-200 650mNW 93.0 108.0 15.0 0.4

BL12-200 367.0 379.0 12.0 0.5

BL12-200 400.0 418.0 18.0 0.9

including 413.0 418.0 5.0 1.6

BL12-201 650mSE 219.3 244.0 24.7 0.6

BL12-201 279.0 294.0 15.0 1.2

BL12-202 650mSE 241.6 313.0 71.4 1.1

including 268.0 286.0 18.0 2.0

including 279.0 284.5 5.5 3.2

BL12-203 550mNW 180.3 191.6 11.3 0.7

BL12-203 278.0 303.0 25.0 0.7

BL12-204 150mNW 492.0 499.0 7.0 0.6

BL12-205 650mSE 233.0 253.5 20.5 1.0

BL12-205 269.0 339.0 70.0 1.3

including 289.0 318.6 29.6 2.4

including 295.0 299.0 4.0 9.9

BL12-206 550mNW 138.2 140.0 1.8 1.2

BL12-206 310.2 363.0 52.8 0.5

BL12-207 200mNW NSA

BL12-208 900mSE 315.6 377.0 61.4 1.0

including 323.0 329.0 6.0 1.6

also including 345.2 377.0 31.8 1.3

BL12-209 550mNW 197.6 212.0 14.4 0.9

BL12-209 251.0 270.0 19.0 4.4

including 264.0 268.6 4.6 13.0

BL12-209 284.0 288.9 4.9 1.3

BL12-210 900mSE 292.9 298.0 5.1 1.6

BL12-210 311.3 371.0 59.7 1.0

including 328.0 340.0 12.0 2.1

BL12-211 900mSE 319.0 327.0 8.0 0.8

BL12-211 350.0 398.5 48.5 1.0

including 357.0 359.0 2.0 4.7

BL12-212 800mNW 198.0 203.0 5.0 0.8


Technical Report

.Final June 10 2014 176 of 179


BL12-212 235.3 281.8 46.5 0.8

including 246.1 270.0 23.9 1.2

including 257.8 264.0 6.2 2.1

BL12-213 200mNW 139.0 146.0 7.0 0.8

BL12-213 376.0 396.0 20.0 1.9

including 380.4 386.0 5.6 2.4

also including 390.9 394.7 3.8 3.8

BL12-213 554.0 569.7 15.7 0.5

BL12-214 800mNW 158.0 179.0 21.0 0.6

including 158.8 161.0 2.2 1.3

BL12-215 1000mSE 321.4 355.4 34.0 1.3

including 337.3 345.0 7.7 2.5

BL12-216 800mNW NSA

BL12-217 700mNW 122.0 127.1 5.1 1.0

BL12-217 132.0 142.0 10.0 0.6

BL12-218 700mNW 188.3 196.0 7.7 1.0

BL12-218 243.2 248.0 4.8 1.1

BL12-218 255.0 278.0 23.0 0.6

including 256.0 259.0 3.0 1.3

BL12-219 1000mSE 301.0 308.0 7.0 0.9

BL12-219 320.0 353.0 33.0 1.2

BL12-220 700mNW NSA

BL12-221 300mNW 433.5 436.5 3.0 2.0

BL12-222 1000mSE 293.0 303.7 10.7 0.8

BL12-222 311.0 313.0 2.0 1.5

BL12-222 321.0 374.0 53.0 0.9

BL12-223 700mNW NSA

BL12-224 600mNW 103.0 105.0 2.0 1.1

BL12-225 600mNW 122.2 128.0 5.8 1.2

BL12-225 145.2 154.0 8.8 0.7

BL12-226 1100mSE 315.1 362 46.9 1.4

including 330.0 349.0 19.0 2.4

BL12-227 BL Fence 1 No Significant Assays


BL12-229 BL Fence 2 No Significant Assays

BL12-230 300mNW 363.8 367.1 3.3 1.4

BL12-230 481 492 11.0 0.8

BL12-230 517.9 525 7.1 0.8

BL12-231 600mNW NSA

BL12-232 BL Fence 3 NSA

BL12-233 1100mSE 298 326.3 28.3 0.6

BL12-233 338.9 376 37.1 1.9

including 353 370 17.0 3.0

BL12-234 500mNW 78.8 84.4 5.6 1.0

BL12-235 BL Fence 4 16 17 1.0 3.0

BL12-236 500mNW 222 269 47.0 0.6

including 251.2 253.5 2.3 1.9

BL12-236 301 308 7.0 1.1

BL12-237 400mNW 180.5 183 2.5 1.4

BL12-237 257 274 17.0 0.8

BL12-237 342 345 3.0 1.3

BL12-238 BL Fence 5 NSA

BL12-239 1100mSE 302.8 390.4 87.6 1.1

including 353 390.4 37.4 1.5

including 377 380 3.0 4.3


Technical Report

.Final June 10 2014 177 of 179


BL12-240 400mNW 134 139.5 5.5 0.7

BL12-240 149.6 183 33.4 1.0

including 168 172 4.0 3.4

BL12-241 800mSE NSA

BL12-242 800mSE NSA

BL12-243 700mSE 74 76 2.0 1.1

BL12-243 89.5 91 1.5 4.5

BL12-243 156 158 2.0 3.1

BL12-244 400mNW 240 247 7.0 0.7

BL12-244 278 285.9 7.9 1.7

BL12-245 700mSE 100 101 1.0 2.2

BL12-246 700mSE 97 119.9 22.9 0.6

including 98.4 104 5.6 1.0

BL12-247 400mNW 256 261 5.0 2.6

BL12-247 277 281.2 4.2 1.3

BL12-247 348 363 15.0 0.8

BL12-247 417 422.9 5.9 1.1

BL12-247 469 473 4.0 2.4

BL12-248 1200mSE 218.2 231 12.8 0.7

BL12-248 318.1 353 34.9 2.2

including 330 340.4 10.4 5.3

BL12-249 400mNW NSA

BL12-250 600mSE 126 142.7 16.7 0.6

BL12-251 300mNW NSA

BL12-252 600mSE 86.3 88 1.7 2.7

BL12-253 200mNW 95 118 23.0 0.7

BL12-253 134.9 192 57.1 1.4

including 154 170.8 16.8 2.4

BL12-254 500mSE 119 125 6.0 5.4

BL12-255 500mNW 421.2 425 3.8 5.1

BL12-255 436 446 10.0 1.3

BL12-256 1200mSE 328 379 51.0 10.3

including 345 370 25.0 17.8

BL12-257 200mNW 240 248 8.0 0.6

BL12-257 279 298.8 19.8 0.8

BL12-258 500mSE NSA

BL12-259 500mSE 135 136 1.0 4.8

BL12-260 500mSE NSA

BL12-261 450mSE 83 90 7.0 0.8

BL12-262 450mSE NSA

BL12-263 200mNW NSA

BL12-264 500mNW 352.1 355 2.9 0.9

BL12-265 400mSE 55 56 1.0 1.6

BL12-266 200mNW NSA

BL12-267 300mSE NSA

BL12-268 1200mSE 332.6 396 63.4 1.1

including 374 396 22.0 2.2


BL12-269 200mSE 95 176.2 81.2 0.7

including 129 159.5 30.5 1.2

including 207.6 220 12.4 1.3

BL12-270 100mNW 76.6 82 5.4 1.2

BL12-270 116 183 68.0 1.8


BL12-271 100mNW 93.5 101 7.5 1.3


Technical Report

.Final June 10 2014 178 of 179


BL12-271 131.1 188 56.9 1.2

including 144 161 17.0 2.0

BL12-272 100mSE 48 56 8.0 1.4

BL12-272 104 160 56.0 1.1

including 118 147 29.0 1.7

BL12-272 171.4 190 18.6 0.8

BL12-273 600mNW 167 178 11.0 1.5

BL12-273 523 545.5 22.5 0.7

including 535 544 9.0 1.1

BL12-274 0m 88.8 187 98.2 1.0

including 115.8 145 29.2 1.6


BL12-274 240.6 246 5.4 3.9

BL12-275 1100mSE 407.2 460 52.8 0.8

including 450 457 7.0 1.3

BL12-276 550mSE 213 225 12.0 1.0

BL12-276 262 294 32.0 0.7

BL12-277 750mNW 281.9 332.7 50.8 0.6

BL12-278 550mSE 208 296 88.0 1.3

including 222 224 2.0 21.9



BL12-279 600mNW 713 726 13.0 0.7

BL12-280 750mNW 335 339 4.0 1.1

BL12-280 343 369.3 26.3 0.7

BL12-281 1100mSE 388.3 399.4 11.1 1.6

BL12-281 447 459.7 12.7 0.8

BL12-282 550mSE 213 241 28.0 0.7

BL12-282 250 304.8 54.8 1.1

including 279.4 300.2 20.8 1.4

BL12-282 308.6 316.8 8.2 0.7

BL12-283 750mNW 409.5 429 20.5 0.7

BL12-284 550mSE 142.1 155.8 13.7 0.8

BL12-285 700mNW 513 525 12.0 1.0

BL12-286 550mSE 128 163 35.0 0.6

BL12-287 1000mSE 435.5 462 26.5 0.8

BL12-288 650mSE 74 78 4.0 9.1


BL12-290 450mSE 186.5 222 35.5 0.7

BL12-290 244 267 23.0 1.2

including 247 251 4.0 2.2



BL12-293 1000mSE 361 367 6.0 6.3

BL12-293 384 394 10.0 1.0

BL12-293 426 460 34.0 0.6

BL12-294 450mSE 208.4 304 95.6 1.4


including 214 226 12.0 3.9



BL12-296 650mNW 191 200 9.0 1.6

BL12-297 350mSE 200 220 20.0 0.7

BL12-297 227 250.8 23.8 0.8

BL12-297 263 286 23.0 0.7


Technical Report

.Final June 10 2014 179 of 179


BL12-297 312 316.2 4.2 1.6

BL12-298 650mNW 81 86.2 5.2 0.5

BL12-298 98 104 6.0 0.6

BL12-298 171 177.5 6.5 0.8


BL12-300 350mSE 208.8 292.7 83.9 1.0

including 251 292.7 41.7 1.6


BL12-300 299.7 313 13.3 0.8

BL12-301 450mNW 261 275 14.0 0.6

BL12-301 281 289 8.0 0.9

BL12-302 650mSE 341 383 42.0 0.8

including 350 357 7.0 2.1

BL12-303 900mSE 364.8 370.1 5.3 6.4

BL12-303 378.3 387 8.7 0.9

BL12-303 407 448 41.0 1.1

including 411 417 6.0 2.7

BL12-304 450mNW 275 281 6.0 1.1

BL12-305 900mSE 426 432 6.0 1.8

BL12-305 438 451 13.0 2.5

BL12-306 650mSE 333.4 345 11.6 1.5

BL12-306 362 388.2 26.2 0.8

BL12-307 350mNW 223 229.6 6.6 0.7

BL12-307 242.4 268.4 26.0 0.6

BL12-308 800mSE 379.2 417 37.8 1.0

BL12-309 550mSE 337 372 35.0 1.9

including 338.5 353 14.5 3.3


BL12-311 250mNW 231 279 48.0 0.8

BL12-312 550mSE 339.8 356 16.2 0.8

BL12-312 365 385 20.0 1.5

BL12-313 800mSE 319 342 23.0 1.3

including 320.7 327 6.3 2.4

BL12-313 369.4 380 10.6 1.4

BL12-313 384 404.5 20.5 0.8

Documents

Final - miningdataonline.com · Figure 14.2 Rotation definition in Datamine Studio 3 format..... 73 Figure 14.3 Density sample distribution in plan view ..... 73 Figure 14.4 Borden