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JUl 05 LOiO GEOSCIENCE ASSESSMENT
OFFICE
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GEOSCIENCE ASSESSIVIENT OFFICE
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PROVINCIAL MINING RICORDU"S OffiCI
Mining Land Tenure Map
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TOWNSHIP I AREA MCGARRY
PLAN G-3678
ADMINISTRATIVE DISTRICTS I DIVISIONS
Mining Division Land TitleslRegistry Division Ministry of Natural Resources District
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Lake - Cadillac Break (LLCB) from Lebel to McGarry townships,
REPORT
ON
REPORT DIAMOND DRILL HOLE MFSI-02
(May 2010)
Foxearth Property
McGarry Township Larder Lake Mining Division
North-eastem Ontario
NTS 32D4
UTM Grid Zone 17, NAD. 83
0606296 mE 5335906mN
For
Arvo Salo
Douglas Robinson P. Eng. Doug Robinson Consulting
P.O. Box 218 Swastika, Ontario
POK ITO Telephone: 705 642-9153
1. 0 SUMMARy ........................................................................................................ 3 2.0 LOCATION ........................................................................................................ 3 3.0 TI:IE PROPERTY ................................................................................................ 3 4.0 PHYSIOGRAPHY AND VEGETATION ........................................................... 3 5.0 REGIONAL AND PROPERTY GEOLOGY ...................................................... .4 6.0 PREVIOUS EXPLORATION ............................................................................. 4 7.0 EXPLORATION RATIONAL ............................................................................ 4 8.0 EXPLORATION PROGRAM ............................................................................. 4 9.0 DISCUSSION OF RESULTS ............................................................................. .4 10.0 RECOMMENDATIONS ..................................................................................... 7 11.0 REFERENCES .................................................................................................... 8 CERTIFICATE OF QUALIFICATIONS ........................................................................ 9
Rq)()fts
Highlights of2005 Drilling by Arvo Salo. Hole F05.01 in McGarry Tp. G3678.
Highlights of2006 Drilling by Arvo Salo. Hole F06-02 in McGany Tp. G3678.
Logs
Log of hole
Maps and Figures PENDING
Fig. 1: Claim Map Random Scale showing the grid location Pending
McGarry Hole MFS-n102 Rpt 2010-05-04 2
1.0 SUMMARY
Hole MFS-OI-02 was drilled and preliminary logged by Arvo SaIo in 2002. A final log, the subject of this report, was perfonned by Douglas Robinson, P. Eng,
geologist.
2.0 LOCATION
The property is centred at coordinates 0608500 mE and 5336700 mN of UTM
Grid Zone 17 NAD 27 approximately 4 km north east of Virginia town, Ontario
(NTS 321D4). HoleMFSl-02 was drilled at 0606296mE, 5335906mN of UTMGrid Zone 17, Nad 83.
The property is accessed via Highway 66 leading approximately 40 km. east from
Kirkland Lake to the village of Keams located 3.5 km from the Quebec border. Proceed 0.5 km east from Keams and turn north on the gravel road. Proceed 3.5 km.
Northeast to the railway crossing. Continue 0.5 km and tum west onto the sandy forest access road and proceed 1.0 km to the south edge of the property.
3.0 THE PROPERTY
4.0
The property consists of the following contiguous claims located in the north half of
McGany Township (plan G-3678).
Recorded Due
Claim # Units Date Date 1185856 6 Dec 16, 1991 Dec 16, 2011 1185857 4 Dec 16, 1991 Dee 16,2011 1185858 1 Dee 16, 1991 Dee 16,2010 1185859 1 Feb 05, 1992 Feb 05,2012 1185860 4 Feb 10, 1992 Feb 10,2012 1186305 4 Dee 08, 1992 Dee 08, 2011 1217678 -.4 Jan 15, 1997 Jan 15, 2012 Total 24
The work was perfonned on claim 1186305.
PHYSIOGRAPHY AND VEGETATION
The property is relatively rolling with moderately sloping hills. Relief is generally
less than 25 metres. Approximately 25-50% of the SUlVeyed area is outcrop or
shallow overburden. Boreal forest provides the main forest cover.
McGany Hole MFS-OI02 Rpt 2010-05-04 :1
The property is approximately half well drained sandy overburden and half outcrop area with thin overburden. Relief is generally less than 25 meters. Boreal forest provides the main forest cover.
5.0 REGIONAL AND PROPERTY GEOLOGY
The property is located within the Abitibi Greenstone Beh north of the Larder Lake-Cadillac shear zones. Auxiliary or splay shear zones with accompanying Fe-carbonate-sericite alteration and silicification cut the property and are the targeted host for gold mineralization.
6.0 PREVIOUS EXPLORATION
Holes F0501 and F0602 were drilled in 2005 and 2006 respectively. The highlight reports of these two holes are attached in the appendices of this report. Both of these holes intersected magnetite within veining.
7.0 EXPLORATION RATIONAL The MFSOI-02 was detail logged to better define: the geology,·the alteration and to recommend sampling of the core.
8.0 EXPLORATION PROGRAM
Core Handling
Core layout and core handling was performed by Arvo Salo on April 25-29, 2009. Core Logging
The core was logged in detail April 25-29, 2010 by the author. The geology, alteration, structure, veining, specific gravity, relative harness, general ground conditions, and magnetic signature were logged. This report was prepared by the author
9.0 DISCUSSION OF RESULTS
Geology
The core is dominated by mafic volcanics of variable alteration and hardness as descnoed below. These appear to be iron tholeiitic volcanics. Above 132.8Om the volcanics are generally aphanitic to extremely fine grained. Below 132.80m the unit appears to be a single thick mafic flow or intrusive.
McGany Hole MFS-0102 Rpt 201(M}5-04 4
The basalt from 44.00-94.71m and 99.24-132.98Om has similar general appearance
indicating they are similar rocks. However the lower unit bas a greater specific
gravity and is generally harder and has less calcite alteration. The presence of
secondary magnetite-pyrite mineralization described below may indicate a change in
metamorphic mineralogy, pOSSIbly a weak development of skarn which would
increase the specific gravity at the expense of carbonate alteration.
Fault
A major fault at 99.24-100.34m results in a distinctive change in specific gravity, hardness, alteration style indicating significant movement may have occurred. The
fault appears to be coincident with the syenite porphyry directly above and appears
to consist of crushed porphyry grit. The unconsolidated character of the fault
indicates the fault may be late in the sequence of geological events recorded in the
core.
Alteration
Moderate to strong pervasive calcite alteration from 5.91-94.71m appears to be
strongest from 5.91-64.00m. The intensity of calcite alteration appears to decrease
towards 94.71m, apparently associated with an increase of average hardness and a
more consistent moderate magnetic signature. It was not detennined if this unit is
less altered down the hole or if the calcite alteration was replaced by more intense
alteration that does not react to Hel acid.
The syenite porphyry from 94.71-99.24m appears to be siciified, with the
silicification associated with prominent quartz fracture filling. A distinct
approximately 100/0 chlorite content may be altered hornblende. Indistinct pale grey
patches appear to be relict plagioclase phenocrysts.
The interval 99.24-132.8Om appears to have a secondary magnetite-pyrite
mineralization associated with natural features of the volcanics that may have been
the locus of this mineralogy. This alteration· may also have an associated epidote
alteration of the groundmass.
Below 132.8Om the rock appears to be unaltered or weakly altered.
Veining
Individual veins and fracture fillings do not appear to be significant, however
calcite-quartz veining and fracture filling is prominent from 5.91-162.2Om and may
be significant regionally and/or in combination with the epidote and the apparent
magnetic-pyrite alteration. This veining and calcite alteration does not appear to be
McGany Hole MFS-OI02 Rpt 2010-{)5-04 5
entirely spatially related. Calcite veining and calcite alteration both appear to be generally absent below 162.2Om.
The fracture filling and alteration in the porphyry appear to be both dominated by quartz.
Foliation
The core interval 5.91-93.00 tends to have a pervasive foliation parting, rendering chloritic slips. Below this interval foliation fabric decreased and from 132.80-170.0Om foliation was absent.
Specific Gravity
The specific gravity measurements defined four units.
l. An upper aphanitic mafic unit with specific gravity between 2.79 and 2.83.
2. Syenite with a specific gravity of 2.67 (single measurement) which is close to the specific gravity of quartz (2.65).
3. A lower aphanitic mafic unit with specific gravity of2.86.
4. A coarser grained mafic unit with specific gravity 2.90 to 2.98. The higher specific gravity is coincident with stronger magnetism which could indicate a higher magnetite content explaining the higher specific gravity.
The author has not performed sufficient specific gravity measurements to define the relationship to specific gravity to alteration. However the author has found specific gravity measurements useful in confirming visual differentiation of units. A distinct correlation of specific gravity to rock types is pOSSIble.
Magnetism of the Core
The core was logged outside and wind prevented detailed logging of the magnetic signature of the rock.
The mafic volcanics from 5.91-94.71m and lO0.34-132.8Om tends to be moderately magnetic which would correspond to 3-4 em fall back of a pencil magnet when the magnet is drawn back from the core. The core interval from 5.91-94.71m has
numerous non magnetic sections. This appears to be in part the result of destruction of magnetite in the carbonate alteration; however much could be the natural signature of the volcanics.
McGarry Hole MFS-0102 Rpt 2010-05-04 6
The core interval 100. 34-132. 80m was generally moderately magnetic indicating
this interval is less altered than the interval from S.91-94.71m
Core Hardness
The carbonate alteration tends to be softer than the rocks lacking carbonate
alteration. It appears wall rock directly adjacent to veining may be harder, however
this was not confirmed by consistent logging.
The units below the syenite porphyry appear to be harder than above the syenite
porphyry. This increased hardness could be related to the absence of calcite
alteration, or a change in alteration style or simply on the rock being fresher. The
increased hardness also appears to be coincident to a general absence of foliation.
10.0 RECOMMENDATIONS
1. The core should be sampled for gold at the interval tabulated in the
appendices of the drill log.
2. detailed property mapping should be performed with emphasis on
structure, alteration, mineralization and primary geology.
3. the epidote and apparent magnetite-pyrite alteration should be examined to
determine if this style of alteration could be a low grade or proximal
equivalent mineralogy equivalent to the Upper Beaver Mine being actively
explored by Queenston. Mining Inc. Queenston has measured and
indicated resources of 1,373,SOO t @ 8.S gltonne (37S,OOOozAu) and
inferred resource of 1,061,300 t@ 7.7g/tonne (263,000 ozAu)
(http://www.queenston.calprojectslkirklandlindex.html) in magnetite
chalcopyite associated ore.
4. The exploration should include emphasis on both areas of magnetic highs
and areas with neutral magnetic signatures.
McGarry Hole MFS-OI02 Rpt 2010-05-04 7
11.0 REFERENCES
Savage, W.S., 1964. Mineral Resources and Mining Properties
in the Kirkland Lake-Larder Lake Area. Ontario Department of Mines, Mineral
Resources Circular No 3. p77 & Chart A
MERQ-OGS
1983: Lithostratigraphic Map of the Abitlbi Subprovince; Ontario Geological SurveylMinistere de l'Energie et des Ressources, Quebec.
Scale 1:500 000; Catalogued as "Map2484"in Ontario and "DV 83-16" in Quebec.
Map 2628. Precambrian Geology, Larder Lake Area
Ontario Geological Survey.
Scale 1:50,000.
Map 3225. Precambrian Geology, Geological Compilation of the Kirkland lake Area,
Abitlbi Greenstone Belt. Ontario Geological Smvey.
Scale 1:100,000
2001 REPORT ON MAGNETIC TOTAL FIELD SURVEY (December 2001)
Kerrigan Property.
2005 Higblights of2005 Dnl1ing by Arvo Salo. Hole F05.01 in McGarry Tp. 03678.
2006 Highlights of 2006 Drilling by Arvo Salo. Hole F06-02 in McGany Tp.
G3678.
2010 Queenston Mining Inc. web-page
(http://www. queenston. caJprojectslkirkland/index. html )
McGany Hole MFS-O 102 Rpt 2010-05-04 8
CERTIFICATE OF QUALIFICATIONS
I, Douglas Robinson, of24 Victoria Avenue, Swastika, Ontario hereby certify that:
1. I am a registered professional Engineer of the province of Ontario, No. 39322011.
2. I am a graduate of Queen's University in Kingston Ontario with an Honours Bachelor of Science, Geological Engineering 1975, and Northern College, School of Mines in Haileybury, Ontario, 1970.
3. I have been practising my profession since graduation.
4. The information contained in this report is the result of work done by myself and the references cited.
McGany Hole MFS"()102 Rpt 2010-0S"()4 9
HIGHLIGHTS 0[2005 Drilling by Arvo Salo
Holc F05-0 l in McGarry Tp. G367S
Hole FOS-O 1 IntcrsC4;tcd four potctltiaUy significant zones:
1. Intense silicification includinE multi-generation quartz veining in intensely silicified wall
rock. This could be part ofagold bearing system. (1O.20-13.2Sm, O.OgmAlL/tonne over
3.0m).
2. Prominent Deformation Zone Qfthe nOllna[ type that can host gold deposits (7&00-
85.60m, 0.0 gmAultonneover7.43m).
3. An alypical deformation zone containing banded quartz-caJcile replacement of the wall
rock and including magnetite. 11lis zone could hotd some similarities to gold 7.00~S at the
Upper Beaver Mine GautluCf Township ncar Kirkland Lake. At this past producing mine
. gold appears to be associated withmaglletilc mineralization.. (I02.30-10J.18m.
O.3grnAultonnc ave.- 3.3701).
4. 3.0 ern calcitc-quartz vein v.itlt small amounts of chalcopyrite. (129.30-129.40m, 0.0
gmAultonne 0.43m).
These four zones represent a wide rang.e of alteration -vetn styles all of which represent potential
phases of gQld minccaJizatioo. The propcrty wan-ants a '\-idospread exploration program targeting
alteration-vein ZOtlCS and minerali7..atiol1 similar to those encouutered in hole F05-01. Al\ existing
base Hoc should be rc-wt and a new SOm grid spacing established_
l1tis pro pert}' is located approxiolatcly 2.8km cast of 2005 drilli(lg pcrt<>l1ncd by Goldstakc
HlCploratlQ[1s (nc. and 15km east oftllc Upper Beaver Minc. Doth of tMsc properties arc i(lcah .. '{{
a comparable distance north ~fthc Larder Lake Break which <x>otro!s tile I~ltion of (llauy gold
deposits in the Abitibi cegi<>n ofNoltheastern Ontario and NQftbwcstCOl Queboc.
Detailed geology with a specific overlay dealing with alteration and vein stntctures should be
prepared t.o a<;CQ01pauya detatled geologkal map_
The grid should be SUPlCyed with total field magnetic survey (walk mag ulOde) to generate
profiles willI approximately 2 met~ reading intervat A two second reading interval at a slow
walk renders this 2 meter rea£iingin[C(vaL UistQrlcaUy pmspcctorshavc scacdtcd for magnetic
to\VS associaled with carbonate alteration, si!icification and scricitiz.a:tioll. Consideration should
also be given to magtlCtic highs tb..'\t are demonstrated to bc·associalcd with magnetite veins and
magnetite replacen\cn{s.
Real secti.on IP sltould be performed to trace chargeability and resistively 10 800 meters depth 00
300 meter spaced lines and to 400 on internlediate 100 meter spacing
A comprehensive drill program is rCQ}nmlCtldcd the follow-up of the above Iccouun.;;ndallon.,.
McGarry Hole MFS-Q 102 Rpt 2010-05-04 10
Although the values of zOlles.l, 2.al1d 4 were Q ,OgmAullonne thcsec remain as rCfm~.scntil1g
alteration-vein $lyles that arc favornblcto bost hold deposits on the property Follow-up
exptora\ion must carefully map and saIll.Jllc this type (If alteration.
Zone 3, the atypiiAll dcfQf'fOatiou l.one cont.aining banded ~uartz.-calcile ret,j accmc:ntof tllC wall rock mid Including magnetite wa.~ anomalous. \""tI10 3 gmAuftontlcovcf 3 37m, 'ntis moe should
be tra~ by 25 m spaced lines su('\rcycd by walkmag.l1te a.<;Sociatioo of Ulagnetite \l,ithgotd
mmeralii.atio{1 at ·theUppef BCllvcr Nline Gauthicr'l'ownship· near Kirkland Lake adds credence
to lhi~l)Cing a viable target.
McGany Hole MFS-0102 Rpt 2010-05-04 11
HIGHLIGHTS of 2Q06 {>riDing by t'\r.'Q Salo
Hole F06-02 in McG3nv Iv-- G3678
The majority of hole f06-02 is zooc of cak:i:te fi-aaure filfmg (gcncraIly 2% by volume) with
asSOci .. ttl~ pervasive calcite alteratiQfl. TIllS fracture filliog and alteration is indicative of dose proximity to it significant dcfhrmalioa 7;('1IKis} similiu' to the defofill3lion 7.oncs (hat typically
control gold ore .woos in tllC Kirkland Lake-Larder Lake gold ~illlpS. Scvt.~al ~;maJl scale
dcfonnation zot\CS were encountered that c.ould be splay or associated 7.tmeS associatt:d with
mQre significant dcfQffiJ31ioo ZQ~.
Hofe f06-02 intersected sman satIe c:rlcite;ryrite (f-/-nJ3gneUtc) v..:ins and ¥cinfca throughout
tbe hole. Prcviollsholc, FOS--Ot mtClsectOO h<mded qu31tz-'Caicite magnetite rL1,laccnjeut orthc
wall rock with anomalous gold l!S-'laying O.lgmAnftonne over J37m. The a.<;!;ociatiQn of
magnetite with gold mineralizalion at the Upper Reaver Mine Cl3Utrucc TOwnstlip oe..-u- KirlJand Lake adds crcdct"K:e to C3tcite~pyrite-magnt.--titc mineralization being a viable gold target.
Previous bole FOS..f)) intasccted foof .r.oocs that represent a wide range of a1tc.tation-vein styles
which represent potential pbases of gold niiner.mzation. The property warrants a widespread
exploratioo program targeting altcratiun-vc.:in l.QOCS and minerali7..ation similar to those
coc-Ouotercd in hole 1-'05-01. An existing base line should be re-(:ut and a new SOm gl"id spacing
~stablisbcd .
This property i'l ~ed approximately 2-8km ea.'it of 2005 drilling peffunned by Goldstake
Exploratioos Inc. and I Skm. east oftbe tlPVCT Deaver Mine_ Both of these properttCS arc located
it comparable distance north of the Lanicr Lake Ilre3k whidl c.ontrob ~ IOOltion of mauy gold
deposits in the Abitibi region ofNOI"thcastcm Ontario and North.>'CStcm Quebec
Dt.'lailcd geology with a specifiC ovcrlaY$ dealing with altenuioo. defornution zones <lnd vein
structures sOOtdd be prepamt
The grid should be smveycd with total ftcld magocti<: survey (walk mag mode) to generate
profiles with approxiinatcfy 2 meter reading .intcrval. A two·sccond reading Wta-va] al a slow
walk rt;ndcrs this 2 ~er readi.ng intcrvaL Historically prospectors have sea,ched fOf'magtK-"'lic
lows associated With wbooate alteration. silicification and.saicitiz.ation. ConSidera.tion should
also be given to magnetic highs that lH"C demonstrated to be associated '-vrth magnetite veins and
magnetite replacements.
A systematic lP SlJrIey should be perl"ormed to identify and trace chargeability and resistivd}' IQ
800 meters depth on 400 mdcr spaced lines and to 400 011 ink,-mcdialc 200 meter spacing
A comprchcn..'ii\lc drill ~r' is rcoommcnded the fuUow-up of the above {'coolP.mcndations.
£2rt71;;-7 / 4~~S~~ Douglas a4mson ~L:S\ ~-AUh'llst 22. 2006 J _ 1 Assa}'s pending
• 1; P-1ftl~ ;-
, ';~'S-2d
McGarry Hole MFS-OI02 Rpt2010--05-04 12
MFS-1-02 0606296mE 5335906mN ---m Elevation 170m length Nad 83, Zone 11
Township: McGarry Tp. Plan G3678 Project: McGarry Foxearth Salo Property. Claim: 1186305 Comment: Detailed Log Grid East 625 E Grid North: 375N Units: Metric Drill Dates: September 10-19, 2002 Log Date: Preliminary Log September 10-19,2002 Log Date: April 26-29, 2010 Drilled by: Turbo Drilling Core type: BQ Core Casing: Left Survey: Collar layout location and orientation provided by Arvo Salo In Hole Tests: None Sampling: Core cut by Storage: 5 Colville St Virginiatown, Ontario Laboratories: Swastika Laboratories Ltd. Assayed for: Samples: xxxxx - yyyyyy (zzz samples) for Au,
xxxxx - yyyyyy (zzz samples) for whole rock. Certificates: . o 3050 _45 0
19ltonne = 0.0291666 Ovton. lppb =O.OOlgitonne 100ppm=O.01% 1%=lO,OOOppm Field Layout and field measurements by Arvo Salo Access by the gravel Cheminis Road leading north from highway approximately Y2 km
east of Kearns near the Quebec boarder. Proceed approximately
MacMurchy MY0901.doc
3 Y2 km north east to the railway track and an additional 112 km to the left fork in the road. Proceed west to the lITM coordinates of the hole.
1
'\
66.59 66.64 Volcanic breccia textures with 25% rounded black patches and 5% disseminated pyrite. Extremely magnetic. 66.44 67.32 Moderately soft to soft «/« nail). Less than to 1% to 2% hairline calcite fracture filling cross cutting foliation. 67.32 70.27 2% calcite-quartz fracture filling with variable core
angles including sub-parallel to foliation and at high angle to the foliation. Weak foliation with break approximately 60°.
70.27 71.76 Moderately soft to soft «/« nail). 2% hairline to 0.2 cm calcite fracture filling.
71.76 72.80 Hard (>nail leaving streak). Massive with 1% calcite-quartz fracture filling. Foliation at 45°.
72.80 84.48 Generally soft «< nail). Locally hard near calcite alteration-quartz veining. 4% hairline to 1.0 em calcite-quartz fracture filling, with variable core angles, commonly at high angle to the foliation.
74.35 84.54 Generally non magnetic. Massive, medium green. 83.50 94.71 Calcite alteration generally absent with patches of weak calcite alteration. 84.48 94.71 Generally hard (>nail leaving streak) to moderately hard (= nail). Foliation weaker than above. 5% hairline to 1.0 cm calcite-quartz fracture filling at variable angles, commonly 45° and 65° at high angle to the foliation and also sub-parallel to the foliation. 84.54 94.71 Generally moderately magnetic with strongly magnetic sections to 15.0 cm. Locally weakly magnetic. 93.00 99.24 Moderately broken ground.
94.71 99.24 SYENITE PORPHYRY Locally apparent vague feldspar phenocrysts. Hard (> nail). Non magnetic. Broken ground. Altered appearance due to 10% chlorite, probably replacing relict hornblende. Upper contact sharp at 40°. Contact angle relative to foliation above was not determined because foliation was not developed near the ~ontact. 94.71 99.24 7% hair line to 0.3 cm quartz fracture filling, commonly 45° and as a quartz fracture filling set at 35°. Minor calcite in groundmass.
99.24 100.34 FAULT: Non magnetic. Appears to be crushed Syenite. Recovered as pale
pink-pale green powder and rounded equent rock chips
100.34 132.80 MAFIC VOLCANIC:
MacMurchy MY0901.doc
Basalt: appearance generally similar to 44.00-94.71m. Massive, aphanitic into extremely fine grained, medium grey green. At 132.80m gradational into coarse grained unit below. Foliation weak to absent. Locally dark green to black flow breccia texture with overprint of magnetite and pyrite as described below. 100.34 135.50 6% quartz-calcite fracture filling and veining to 0.5 cm. Dusty brown hematite on slips. Calcite alteration generally absent.
3
100.34 125.93 Similar to 84.54-94.71m, generally moderately
magnetic with strongly magnetic sections to 15.0 cm. Locally weakly
magnetic. 100.34 16l.00 Moderately broken ground with slip spacing 10-20
cm. Prominent chloritic slips.
122.40 122.02 25° 1.5 cm calcite-quartz vein
122.40 123.37 Moderate pervasive calcite alteration.
125.93 132.80 Non magnetic.
129.40 130.05 20% calcite-quartz fracture filling to l.5 cm. Coarse
grained to 1.0 cm.
130.95 13l.90 20% quartz-calcite and quartz-epidote-calcite
fracture filling to 3.0 cm Veining appears to infill flow contact
features.
132.80 170.00 MAFIC VOLCANIC:
MacMurchy MY0901.doc
Uniform and massive, dark green, coarse grained with a 1.0 mm
primary ground massive texture. Strongly magnetic to moderately
magnetic except as described below. Generally hard (>nail leaving
streak). Locally weak calcite alteration of groundmass.
127.58 127.92 40% quartz-epidote-calcite fracture filling to 4.0
cm. 128.44 128.52 Magnetite-pyrite-chlorite infilling volcanic breccia
textures. 20% massive magnetite and 5% streaks of pyrite crystals.
130.05 130.95 Pale green aphanitic chill, possibly from part ofthe
unit described below.
132.80 151.50 Generally lighter colour than below, apparently due
to weak epidote overprint of groundmass.
135.50 162.20 3% hair line to 0.5 cm calcite-quartz fracture filling
(excluding fault area) excluding veining described below.
137.49 138.41 Non magnetic associated with epidote alteration
associated with quartz veining.
137.60 138.27 Quartz veining with thin hematite films. Pale green
epidote alteration of wall rock.
148.46 150.69 Non magnetic associated with epidote alteration
associated with quartz veining
154.55 154.57 60° 1.5 em quartz-magnetite-hematite-calcite
composite vein with thin chloritic rip off separating quartz-magnetic
calcite from quartz-calcite parts of vein. 30% massive, black,
extremely magnetic magnetic-hematite band with red steak.
Magnetic-hematite band is coarse grained with apparent flakey or
parting appearance. No wall rock alteration.
156.53 158.17 Non magnetic associated with fault described
below. 157.27 157.56 Fault. 60% ehlorite-quartz-calcite as healed fault.
40% friable, thin chloritie flakes and chips to 3.0 mm thick. Possibly
60°.
4
, . ,
161.00 170.00 Competent ground with slip spacing 10-45 cm.
Difficult to break a fresh surface exposing primary mineral texture.
162.20 170.00 Trace, thin calcite-quartz fracture filling.
170.0 170.00 End of Hole
Box Log showing core in each box
Box # From To Meters Box # From To Meters
001 5.91 11.45 5.54 022 103.78 107.00 3.22
002 11.45 17.17 5.72 023 107.00 111.39 4.39
003 17.17 22.93 5.76 024 111.39 115.53 4.14
004 22.93 28.62 5.69 025 115.53 119.79 4.26
005 28.62 34.31 5.69 026 119.79 124.18 4.39
006 34.3'1 38.47 4.16 027 124.18 128.82 4.64
007 38.47 42.84 4.37 028 128.82 132.80 3.98
008 42.84 47.14 4.30 029 132.80 137.16 4.36
009 47.14 51.48 4.34 030 137.16 141.23 4.07
010 51.48 55.85 4.37 020 95.11 99.33 4.22
011 55.85 60.15 4.30 021 99.33 103.78 4.45
012 60.15 64.36 4.21 031 141.23 145.49 4.26
013 64.36 68.88 4.52 032 145.49 149.69 4.20
014 68.88 73.24 4.36 033 149.69 154.13 4.44
015 73.24 77.63 4.39 034 154.13 158.56 4.43
016 77.63 82.11 4.48 035 158.56 162.77 4.21
017 82.11 86.44 4.33 036 162.77 167.00 4.23
018 86.44 90.91 4.47 037 167.00 170.00 3.00
019 90.91 95.11 4.20
MacMurchy MY0901.doc
5
" ' ...
Specific Gravity Measurements
F T D rom 0 I~ I W D' I n ater ISQlacement SG
16.3!: 16.58 0.23 730 470 260 2.81
17.35 17.58 0.23 673 432 241 2.79
36.50 36.76 0.26 708 453 255 2.78
52.33 52.61 0.28 829 533 296 2.80
60.74 60.96 0.22 673 435 238 2.83
66.45 66.65 0.20 600 391 209 2.87 Pyritic
76.69 76.84 0.15 433 278 155 2.79
90.18 90.41 0.23 684 441 243 2.81
98.12 98.12 0.00 508 318 190 2.67
111.66 111.84 0.18 537 349 188 2.86
122.80 123.00 0.20 785 511 274 2.86
143.30 143.5'1 0.21 636 417 219 2.90
161.41 161.66 0.25 741 489 252 2.94
166.64 167.00 0.36 657 437 221 2.98
McGarry Tp MFS-Ol-2002 6
Recommended Sampling Intervals
S 1FT M t ample rom 0 e erSDescription
53.10 54.30 1.20 Increased calcite-quartz fracture filling
66.45 66.66 0.21 Pyrite & magnetite
95.11 96.63 1.52 Porphyry
96.63 97.90 1.27 Porphyry
97.90 99.12 1.22 Porphyry
100.34 101.08 0.74
107.08 108.44 1.36 Increased calcite-quartz fracture filling
108.44 109.7S 1.~
113.9C 114.22 0.32 Pyrite-pyrrhotite zone
117.06 117.~ 0.28 Hematite-chlorite-calcite-quartz
121.71 122.36 0.65 Calcite-quartz vein at low angle
122.36 122.66 0.30 Magnetite & pyrite
127.32 128.38 1.06 Quartz veining & epidote
128.3E 128.74 0.36 Magnetite & pyrite
137.43 138.32 0.8S Quartz veining & epidote
148.4S 149.6£ .1.21 Quartz veining & epidote
154.4E 154.57 0.11 Quartz-magnetite-hematite band
158.62 159.7C 1.06 Quartz-calcite-chlorite-epidote fracture
iIIing with minor pyrite
166.64 167.00 0.36 Uniform and massive with trace pyrite for
IV'thole rock analysis
McGarry Tp MFS-Ol-2002 7
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'5't i S'" FIL.L IN ON :~IHOL.E NO. ~PAGE. NO. ,"" DIAMOND DRILLING LOG portion of form only on first page for each hole.
EVERY PAGE ~fS~.hI \ .-ONTAltfO
I DRILLING COMPANY I~Ef'L,~~ 1~~S~I~~uOl~TOTAL FOOTAGE DIP OF HOLE AT • I ~~xCt["T~OJlNOJ tN°!r~i"C~~h.ATION TO A 1M"'" I"Ct::FERENCE NO. ICLAIM NO.
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P THE MINING ACT - DE ARTMENT OF MINES Start a new page for every new hole. but fill in top DIAMOND DRILLING LOG FILL IN ON :~ HOLE NO. ~;!PAGE NO.
portion of form on lyon first page for each hole. EVERY PAGE M YS" -\ -D Z -ONTARIO
DRILLING COMPANY COLLAR BEARING 0t HOLf1TOTAL FOOTAGE DIP OF HOLE AT • LOCATION OF HOLE IN RELATION TO A MAP REFERENCE NO. CLAIM NO. ELEVATION FROM TRU NORT FIXED POINT ON THE CLAIM
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THE MINING ACT - DEPARTMENT OF MINES Start er new perge for every new hole, but fill in top FILL IN ON ~ HOLE NO. [AGE NO. DIAMOND DRILLING LOG portion of form only on first page for each hole. EVERY PAGE tt\f;S'-\~ "3 ONTAtIItO
DRILLING COMPANY COLLAR BEAttlNG OF HOL!01TOTAL FOOTAGE DIP OF HOLE AT • LOCATION OF HOLE IN RELATION TO A MAP REFERENCE NO. CLAIM NO. .( .. ELEVATION FRO TRUE NORT FIXED POINT ON THE CLAIM
collerr I DA TE HOLE STARTED I DATE COMPLETED DATE LOGGED LOGGED BY
ft I I LOCA TlON (T p., Lot, Con. OR Lot. and Long4
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PROPERTY NAME · ftl FOOTAGE DESCRIPTION PLANAR CORE VOUIt SAMPLE FOOTAGE SAMPLE ASSAYS +
ROCK TYPE "EATURE SPECIMEN SAMPLE FROM TO Colour, grain size, texture, minererls, alterotlan, etc. AH.GLE· "aOTA"E + HUM.ltR FROM TO LENGTH
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CLIENT: Grabowski Geo Labs JOB #: 03-0005 DATE: 04/15/2003 METHOD CODE: XWP-100
Client 10 Units Detection Limit
As ppm
1
---{';'GU260 1 err GG02602 3.00
GG02603 N.D.
GG02604 5.00
GG02605 N.D.
GG02606 N.D.
GG02607 N.D.
GG02608 N.D.
GG02609 N.D.
r- GG0261~ ~N(fY'l N.D.
GG02611 2.00
GG02612 9.00
GG02613 2.00
GG02614 N.D.
GG02615 N.D. ~!:. '.'
"'"~ .. ".~
GEOSCIENCE LABORATORIES CERTIFICATE OF ANALYSIS
Page 1 of 1
CiEOLABSIBl CEOSCIENCE LABORATORIES c;iiJ.:::::::z...
(~ GEOSCIENCE LABORATORIES
GEOLABS~ CERTIFICATE OF ANALYSIS GEOSCIENCE LABORATOR·I ES <_
CLIENT: Grabowski Geo Labs JOB # : 02-0333 DATE: 12/19/2002 METHOD CODE: IM-100
Client 10 Ag Au TI Li Be Mg AI Ca Sc V Cr Mn Units ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm Detection Limit 0.500 0.0500 10.0 1.00 2.00 20.0 100 100 0.500 1.00 1.00 0.100
. ...GGQ2~g~ - NM~ NM 93.49 2.69 N.O. 348.13 452317 7946':12 0.65 - 6.73 ~
GG02602~J.e-.~1 N.M. N.M. 9508.54 20.79 N.D. 44267.70 69963.00 55107.40 48.35 >350.00 100.86 1777.13
GG02603 ~w:G. N.M. N.M. 2408.60 7.08 N.D. 46717.00 21813.80 118686.00 16.10 174.77 6.72 >2500.00
GG02604 l \ (,tv) N.M. N.M. 6091.18 11.73 N.D. 29456.80 40745.60 29649.00 29.89 196.01 6.27 >2500.00
GG02605 Vt't M N.M. N,M. 12619.10 9.24 N.D. 29816.10 65911.40 57879.00 47.63 >350.00 42.79 1999.49
GG02606 1-1 ''''"' N.M. N.M. 4093.97 18.84 N.D. 30570.00 103524.00 24256.00 16.33 169.23 54.55 666.28
GG02607 ~?, 'rt\ N.M. N.M. 3832.76 3.79 N.D. 6240.46 92453.70 71739.00 15.65 148.81 55.12 409.71
GG02608 'f'2>m N.M. N.M. 3961.29 27.41 2.24 29289.80 90213.70 44892.30 16.58 168.79 53.53 666.59
GG02609 \ 0, VV' N.M. N.M. 4011.75 17.81 N.D. 25564.00 91134.90 51729.90 17.48 154.49 56.06 559.39 " . .,/ - .... _,.-
8 GG02610 . tlfS;" N.M. N.M. 3532.37 6.78 N.D. 36079.70 78812.40 60495.50 17.36 139.65 779.20
h;:ji'h GG02611 N.M. N.M. 3950.36 14.64 N.D. 20777.70 88780.70 56460.20 17.46 150.45 58.66 660.18
GG02612 ~t~ 1'1\ N.M. N.M. 4316.47 12.23 3.23 29083.70 26369.40 64415.70 22.04 221.19 4.27 >2500.00
GG02613 (p i{ , <: V'" N.M. N.M. 9702.85 11.72 2.46 -- 17743.60 62028.70 38425.50 41.48 289.99 4.63 1647.03
GG02614 I~\,,~ N.M. N.M. 10834.40 8.63 N.D. 22732.00 71519.10 30706.80 45.58 323.04 5.93 1493.01
GG02615 E!\~ ~~ N.M. N.M. 2779.61 13.06 2.87 22839.90 76790.00 41533.50 12.34 103.26 144.73 714.45 ... -... ----
~ ..
Page 1 of 5
· Client 10 Fe Co Ni Cu Zn Ga Rb Sr Y Zr Nb Mo l:Jnits ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm Detection Limit 5.00 1.00 5.00 2.00 5.00 1.00 1.00 2.00 0.0500 1.00 0.0200 1.00
··,""",GGO~----.gQ,QB40.00 101 15 486.39 >1000.00---47 69 N.D 521 728 0,11;; 3.-68 0.06" 1.41
GG02602 140738.00 61.35 72.06 120.67 109.62 18.89 19.30 159.53 31.11 65.37 4.96 N.D.
GG02603 89581.80 20.31 14.96 9.84 49.32 7.77 39.32 173.51 16.88 49.50 2.63 N.D.
GG02604 229987.00 57.32 7.94 62.04 179.11 18.30 19.43 162.34 55.61 93.23 8.62 N.D.
GG02605 160462.00 53.29 32.27 46.13 141.17 19.28 10.82 191.05 41.12 102.69 7.04 N.D.
GG02606 55762.50 16.91 54.26 35.40 71.87 16.40 39.59 144.07 15.59 111.97 4.46 N.D.
GG02607 46278.90 9.42 53.87 40.73 27.17 16.43 95.85 391.67 16.80 107.15 4.83 N.D.
GG02608 71814.00 27.42 56.17 66.91 74.36 18.19 100.78 136.76 17.21 120.16 5.14 1.11
~ 60480.50 16.48 51.57 53.86 66.48 17.77 61.56 289.12 17.26 112.64 5.21 N.D.
~ -C§ §.3V GG02 0 57733.10 22.57 46.91 76.12 18.84 41.91 27.97 6.51 N.D.
GG02611 56769.60 19.30 52.20 47.59 50.03 17.51 36.70 279.49 17.76 102.76 5.40 N.D.
GG02612 175524.00 27.44 10.10 64.84 101.35 12.22 5.84 162.58 15.18 74.00 5.76 N.D.
GG02613 105896.00 32.88 N.D. 33.66 121.24 20.46 3.91 127.17 63.60 141.63 12.51 N.D.
GG02614 119979.00 35.24 N.D. 23.24 117.62 23.72 11.54 325.14 66.55 118.38 13.14 N.D.
GG02615 42924.60 11.89 36.78 10.01 60.78 16.51 60.45 287.49 20.93 128.10 6.16 N.D. .------
Page 2 of 5
Client ID Cd Sn Sb Cs Ba La Ce Pr Nd Sm Eu Gd Units ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm Detection Limit 1.00 0.100 0.500 0.100 5.00 0.200 0.200 0.200 0.500 0.500 0.200 0.300
~ --(f.28-rJ:O. "ir.1·1---~·-~.-----N .. D_~;-~
GG02602 N.D. 0.94 N.D. 0.59 338.79 6.71 17.48 2.56 12.38 3.42 1.37 4.40
GG02603 N.D. 0.44 N.D. 0.66 158.65 5.64 13.94 1.97 9.11 2.50 0.64 2.63
GG02604 N.D. 1.26 N.D. 4.99 742.09 15.90 36.12 5.37 23.81 6.30 2.08 7.47
GG02605 N.D. 0.86 N.D. 2.31 154.80 9.94 26.42 3.64 16.85 4.82 1.42 5.63
GG02606 N.D. 0.88 N.D. 1.51 285.52 12.94 29.47 3.37 12.75 2.84 0.78 2.70
GG02607 N.D. 0.97 N.D. 2.86 419.44 14.76 32.10 3.65 14.06 2.77 0.80 2.84
GG02608 N.D. 1.00 N.D. 3.80 396.58 14.68 31.84 3.69 14.08 3.05 0.98 3.03
GG02609 N.D. 1.03 N.D. 3.14 284.18 14.76 32.55 3.82 14.50 3.16 0.92 3.03
~~'fS',M N.D. 1.10 N.D. 1.37 Q279.~ G~·93) ~ § @ @ @) 6.63
GG02611 N.D. 0.94 N.D. 1.78 149.73 15.44 33.32 3.86 14.84 3.05 0.84 3.19
GG02612 N.D. 0.79 N.D. 0.21 38.26 9.43 21.21 3.20 14.82 3.81 1.04 3.28
GG02613 N.D. 1.68 N.D. 0.13 84.27 16.21 42.45 6.13 27.58 7.58 2.03 8.88
GG02614 N.D. 1.86 N.D. 0.16 323.32 15.06 41.19 5.91 26.44 7.36 1.99 8.60
GG02615 N.D. 0.83 N.D. 0.44 868.86 24.84 50.62 6.68 25J}Q 4.83 1.30 4.06
,..-- -.. _._ .... ---..--
Page 3 of 5
Client 10 Tb Dy Ho Er Tm Vb Lu Hf Ta W Hg TI pnits ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm Detection Limit 0.500 0.300 0.200 0.0500 0.300 0.500 0.0100 0.0100 0.500 0.0500 nfa 0.300
~ N.D. N.D. N.D. N.D. N.D. -N.O.. ~.Q. OOl tUl ..Q.06,...,.--~._~--N.D.
GG02602 0.78 5.06 1.18 3.29 0.48 2.99 0.43 2.30 N.D. 0.10 N.M. N.D.
GG02603 N.D. 2.81 0.64 1.75 N.D. 1.89 0.29 1.45 N.D. 0.08 N.M. N.D.
GG02604 1.36 8.89 2.07 5.69 0.86 5.72 0.85 3.18 0.61 0.19 N.M. N.D.
GG02605 1.01 6.62 1.50 4.48 0.61 3.83 0.60 3.08 N.D. 0.12 N.M. N.D.
GG02606 N.D. 2.48 0.54 1.49 N.D. 1.59 0.25 2.94 N.D. 0.18 N.M. N.D.
GG02607 N.D. 2.63 0.57 1.58 N.D. 1.52 0.22 2.76 N.D. 0.19 N.M. N.D.
GG02608 0.52 2.88 0.62 1.69 N.D. 1.52 0.25 3.16 N.D. 0.21 N.M. 0.41
GG02609 ., N.D. 3.00 0.60 1.73 N.D. 1.48 0.25 2.94 N.D. 0.23 N.M. N.D.
GG02610 ~ 0.94 4.74 0.96 2.74 0.40 2.86 0.43 4.25 N.D. @; N.M. N.D. N"., '''''--"'''''1
GG02611 N.D. 2.89 0.62 1.64 N.D. 1.55 0.23 2.81 N.D. 0.24 N.M. N.D.
GG02612 N.D. 2.45 0.57 1.72 N.D. 2.32 0.36 2.25 N.D. 0.14 N.M. N.D.
GG02613 1.63 10.52 2.38 6.57 0.96 6.33 0.94 4.30 0.86 0.21 N.M. N.D.
GG02614 1.64 11.04 2.46 6.74 1.00 6.04 0.86 3.97 0.88 0.26 N.M. N.D.
GG02615 q~M 0.60 3.37 0.75 2.17 0.36 2.58 0.41 3.76 N.D.· e N.M. N.D.
.~---
Page 4 of 5
-
Client 10 Units Detection Limit
GG02602
GG02603
GG02604
GG02605
GG02606
GG02607
GG02608
GG02609
GG02610 JtfJ$;~§p) GG02611
GG02612
GG02613
GG02614
GG02615
Pb ppm
0.100
7.24
1.54
5.60
6.58
2.13
4.84
8.80
5.25
~.~ 4.49
1.08
1.77
3.00
3.92
Th ppm
0.500
0.67
0.55
1.30
1.02
2.02
2.16
2.20
2.28
@ 2.36
0.94
1.86
1.92
4.95
U ppm
0.0300
0.17
0.13
0.40
0.27
0.50
0.52
0.55
0.57
~ 0.56
0.22
0.45
0.46
1.47
Page 5 of 5
GEOLABSIII. .::::AI>
GEOSCIENCE lABORATOR I ES <- ~
ANALYSIS REPORT
GLNo.:
Client: Report Date:
Instrument: Package Type:
Units:
Element
02-0409-0003 02-0409-0004 02-0409-0005 02-0409-0012
"'02-0409-0011;" 02-0409-{)017 02-0409-0018 02-0409-0019 02-0409-0022 02-0409-0028 02-{)409-0029 02-0409-0031 02-0409-0034 02-0409-0035 02-0409-0036 02-0409-0037 02-0409-0038 02-0409-0039 02-0409-{)040 02-0409-0041 02-0409-0042 02-0409-0043 02-0409-0044 02-0409-0046 02-0409-0047 02-0409-0048 02-0409-0049 02-0409-0050 02-0409-0051 02-0409-0052 02-0409-0053 02-0409-0054 02-0409-0055 02-0409-0056 02-0409-0057 02-0409-0058 02-0409-0063
1/1
02-0409
Grabowski
23-Jun-03
ICP-MS-I custom
ppm
02-0333-{)004 02-0333-0005 02-0333-0012 02-0336-0001 02-0336-0002 02-0336-0003 02-0336-0004 02-0336-0007 02-0336-0013 02-0336-0014 02-0336-0016 02-0336-0003 02-0338-{)004 02-0336-0005 02-0338-0006 02-0338-0007 02-0336-0008 02-0338-0009 02-0338-0010 02-0338-0011 02-0338-0012 02-0338-0013 02-0338-0015 02-0338-0016 02-0338-0017 02-0338-0018 02-0338-0019 02-0338-0020 02-0338-0021 02-0338-0022 02-0338-0023 02-0338-0024 02-0338-0025 02-0338-0026 02-0338-0027 02-0338-0032
TI 13000 ppm
Client 10
GG02602 GG02603 GG02604 GG02605 GG02612 GG02616 GG02617 GG02618 GG02619 GG02622 GG02628 GG02629 GG02631 GG02634 GG02635 GG02636 GG02637 GG02638 GG02639 GG02640 GG02641 GG0264z' GG02643 GG02644 GG02646 GG02647 GG02648 GG02649 GG02650 GG02651 GG02652 GG02653 GG02654 GG02655 GG02656 GG02657 GG02658 GG02663
Mg V Cr Mn Co Cu Sa La Ce Pb U 100000 350 500 2500 350 1000 3500 250 250 7000 500
ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm
OR Report in 0204091M1000R.xls
~ CLIENT: Grabowski Geo Labs JOB #: 02-0333 DATF.: 04/07/2003 METHOD CODE: IAT-200
Client ID Au Units ppb Detection Limit 6
-<3G02601" ~
GG02602 N.D.
GG02603 11.2
GG02604 N.D.
GG02605 N.D.
GG02606 N.D.
GG02607 N.D.
GG02608 N.D.
GG02609 N.D.
GG02610 N.D. ---GG02611 N.D.
GG02612 N.D.
GG02613 10.2
GGO?614 N.D.
GG02615 N.D.
Pd ppb
2
1'CJ.1li1.
N.D.
N.D.
N.D.
N.D.
N.D.
N.D.
N.D.
N.D.
N.D.
N.D.
N.D.
N.D.
N.D.
N.D.
Pt ppb
1
N.M.
2.28
N.D.
N.D.
N.D.
N.D.
N.D.
N.D.
N.D.
N.D.
N.D.
N.D.
N.D.
N.D.
N.D.
GEOSCIENCE LABORATORIES CERTIFICATE OF ANALYSIS
Page 1 of 1
GEOLABSIil GEOSCIENCE LABORATORIES <.::::::::::t;1>.
® GEOSCIENCE LABORATORIES
GEOLABS~ CERTIFICATE OF ANAL YSIS GEOSCIENCE LABORATO,RIES "' ....
CLIENT: Grabowski Geo Labs JOB # : 02-0333 DATE: 12/11/2002 METHOD CODE: XWF-101
Client ID Si02 Ti02 AI203 Fe203 MnO MgO CaO Na20 K20 P205 LOI TOTAL Units wt% wt% wt% wt% wt% wt% wt% wt% wt% wt% wt% wt% Detection Limit 0.010 0.010 0.010 0.010 0.010 0.010 0.010 0.010 0.010 0.010 0.050 nfa
GG02602 51.09 1.56 13.29 15.16 0.24 6.31 6.94 2.30 0.99 0.11 2.95 100.94
GG02603 46.58 0.68 5.45 13.46 0.48 8.91 19.92 /~.;;..., .. ,-:,\
1.38 0.08 3.25 100.24 \ 0.06\
GG02604 43.81 1.18 9.56 29.22 0.55 4.62 4.09 ~~~
0.74 0.12 5.13 99.24 \ 0.22 i
'------- ..... GG02605 50.68 2.00 12.45 17.08 0.26 4.22 7.32 3.05 0.42 0.15 3.18 100.82
GG02606 63.49 0.58 15.19 5.11 0.08 3.69 2.82 4.76 1.17 0.10 3.92 100.91
GG02607 61.12 0.56 16.26 4.49 0.05 0.80 8.70 0.99 2.66 0.11 4.87 100.61
GG02608 55.43 0.62 17.17 7.57 0.09 4.13 5.49 0.88 2.89 0.11 5.74 100.12
GG02609 59.20 0.63 16.98 6.34 0.08 3.62 6.61 1.51 1.75 0.11 3.96 100.78
GG02610 57.51 0.54 14.32 6.05 0.10 4.87 7.44 3.43 1.91 ~) 3.66 100.10 -. GG02611 62.22 0.65 16.49 6.02 0.09 2.83 7.22 2.05 0.87 0.12 2.68 101.24
GG02612 32.86 1.02 8.15 26.86 0.84 5.37 9.79 N.D. 0.16 0.08 15.97 101.04
GG02613 57.08 1.68 12.78 12.30 0.24 2.59 5.28 3.91 0.19 0.17 5.00 101.20
GGO~G14 58.07 1.79 13.53 12.87 0.20 3.19 3.78 3.76 0.74 0.18 2.76 100.87
GG02615 60.22 0.43 13.72 4.46 0.09 3.21 5.39 3.78 3.10 0.18 6.09 100.67
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Goldstake Drilling on Gold, Copper, Silver Project
Trading Symbols: GXP - Toronto Stock Exchange: GOO - Frankfurt Exchange.
March 2, 2010 Goldstake Explorations Inc. (TSX:GXP) is pleased to report that diamond drilling has successfully been completed on the gold, copper, silver "Clay Property" near Virginiatown, Ontario, 30 km east of Kirkland Lake.
The "Clay Property" is in the southern Abitibi Greenstone Belt and is 2 km from the Kerr-Addison Mine, which produced 11 million oz. of gold. The Kerr-Addison mine holds the record for gold production from a single shaft in Canadian history.
Goldstake owns 60% of the Clay Property and is earning an additional 15% from Transpacific Resources Inc. with the expenditure of a further $500,000 by Dec. 31, 2010.
The December 2009 diamond-drilling project focused on defining the gold, copper, and silver contents of the Instant Pond South Zone and is a continuation of Goldstake's ongoing effort to establish a resource in compliance with NI43-101 requirements. Intervals of gold mineralizations exceeding 0.1 ozlt found during the 2009 drilling campaign at the Instant Pond South Zone are listed below:
Drill Hole # From (m) To (m) Interval (m) g/tAu ozJtAu IP-09-01 48.75 49.40 0.65 5.6 0.18
52.00 53.20 l.20 3.2 0.10
IP-09-03 81.10 81.85 0.75 6.65 0.21
IP-09-05 l36.50 l36.80 0.30 5.45 0.17
149.25 150.00 0.75 4.46 0.14
IP-09-07 11.90 12.60 0.70 3.30 0.11
88.00 88.60 0.60 4.84 0.16
IP-09-08 5.70 6.15 0.45 4.29 0.14
103.00 104.00 LOO 3.24 0.10
118.35 118.85 0.50 8.59 0.28
122.70 123.50 0.80 6.01 0.19
124.70 125.40 0.70 4.15 0.l3
IP-09-09 79.00 79.90 0.90 17.1 0.55
88.30 88.80 0.50 3.60 0.12
95.00 95.45 0.45 3.30 0.11
IP-09-1O 98.92 99.30 0.38 4.59 0.15
99.85 100.15 0.30 16.73 0.54
IP-09-14 68.45 68.75 0.30 10.59 0.34
86.08 86.45 0.37 16.87 0.54
105.07 105.20 0.l3 11.40 0.37
,.
True widths have not been calculated.
Assays were performed by Etate de compte de Laboratoire Expert Inc of Val-d'Or, Quebec.
Structural measurements on chalcopyrite-rich veins associated with gold in orientated diamond drill cores indicate a stacked series ofthree major and at least three minor goldbearing veins that trend southeast and dip north at about 45°. This vein set extends for approximately 100m laterally and to a depth of at least 130m below surface.
Significant silver and copper values were found in the following drill holes:
Drill Hole # From (m) To (m) Interval (m) g/t Ag %Cu IP-09-03 81.1 81.85 0.75 5.0 0.84 IP-09-08 118.35 118.85 0.50 4.1 0.54 IP-09-09 88.30 88.80 0.50 1.6 0.24
. IP-09-10 98.92 99.30 0.38 4.8 0.15 99.65 99.85 0.20 1.8 0.44 99.85 100.15 0.30 6.4 0.81
IP-09-14 68.45 68.75 0.30 10.4 0.76 86.08 86.45 0.37 3.9 0.17
105.07 105.20 0.13 3.1 0.38
On February 16,2010 Goldstake received a letter from the Toronto Stock Exchange stating that "The Company is being reviewed under the Remedial Review Process and has been granted 120 days to comply with all requirements for continued listing. If the Company cannot demonstrate that it meets all TSX requirements set out in Part V 11 of The Toronto Stock Exchange Company Manual on or before June 162010, the Company's common shares will be delisted 30 days from such date."
A news release to this effect from the TSX was issued on February 17,2010.
There is no guarantee that the Company will be able to comply with the TSX request and the Company's shares may be delisted.
In the event that this happens, the Company will seek a listing on an alternative exchange to try to preserve the capability of shareholders to trade the Company's shares ifthey are so inclined. There is no guarantee that an alternative listing will be achieved.
The Company has a number of valuable assets at varying stages of exploration and development, and is seeking funding to put these projects into production.
At this stage there is no guarantee that the Company will be able to continue as a going concern unless it can raise capital or sell part of its assets in the next 60 to 90 days.
/
An application to the TSX in November 2009 to allow a private placement of up to $1 million for shares at 4 cents per share, under the "Financial Hardship Rules", was unable to proceed.
Goldstake Explorations Inc. is a Canadian exploration and development company with gold, base metal,uranium and diamond projects in Canada, the USA and Australia. This press release Was approved by Geologist, Dr. Alan L. Watchman, P.Geo, acting qualified person for Goldstake as defined by National Instrument 43-101. For further information on any of Goldstake's mineral properties, corporate structure and corporate vision, please contact: Robert Cleaver 416-201-9223 Goldstake Office 905-829-3393 Email: [email protected]
The statements made in this Press Release may contain forward-looking statements that may involve a number of risks. Actual events or results could differ materially from the Company's expectations and projections.
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