42B13SW2008 2.20965 MBADKR 010

LOGISTICAL and INTERPRETIVE REPORT

on

GEOPHYSICAL SURVEYS

on the

TYROL LAKE WEST PROPERTYLat: 49" 47" N, Long: 870 50' W

NTS: 42 E/13

THUNDER BAY MINING DIVISION GERALDTON AREA, ONTARIO

for:

METALORE RESOURCES LTD.148 Fullarton, Suite 1508

London, Ontario

2 -20965

Bathurst, New Brunswick November, 1999. Project 11499

A. Vickers, B.Sc. Grey Owl Resources

42E13SW2008 2.20965 MKADBR

TABLE OF CONTENTS

1.0 INTRODUCTION 1

2.0 GENERAL SURVEY DETAILS

2.1 Location and Access 1

2.2 Survey Grid and Coverage 2

2.3 Personnel 3

3.0 SURVEY METHOD

3.1 Survey Description 3

3.2 Equipment and Survey Procedures 5

3.3 Difficulties Encountered and Accuracy of Measurement 5

3.4 Quantities Measured and Data Processing 6

3.4.1 Resistivity Measurements and Processing 63.4.2 IP Measurements and Processing 93.4.3 Spectral Observations and Processing 10

3.5 Presentation of Results and Digital Data Formats 12

4.0 DISCUSSION OF RESULTS AND RECOMENDATIONS 13

5.0 SUMMARY AND CONCLUSIONS 14

APPENDIX A: Statement of Qualifications

APPENDIX B: List of References

APPENDIX C: Production Log

APPENDIX D: Instrument Specifications

APPENDIX E: List of Maps

l010C

1. INTRODUCTION

At the request of Metalore Resources Ltd., of 148 Fullarton, Suite 1508, London, ON, KIG OL5, Grey Owl Resources in conjunction with IPTEC reg'd of 19 West Lane Bathurst, New Brunswick, Canada, to conducted geophysical surveys during 1999. A total of nine thousand line-feet (9000ft; pot-to-pot coverage) of multiple gradient IP/Resistivity were conducted from October 3rd to October 4th, 1999.

The Tyrol Lake West property is a multiple claim group (Figure 3) located approximately 180 kilometers northeast of Thunder Bay and 65 kilometer west northwest of Geraldton, Ontario, off Trans-Canada highway 11 (See, Figures 1 81 2). The project was carried out under the direction of Mr. George Chilian, on behalf of Metalore Resources Ltd.

On the basis of favorable geophysical and geological information from previous surveys, a favorable zones of interest (figure 1) was selected for high power gradient and deepsection surveys. This survey was conducted on a previously cut and chained grid on the Tyrol Lake West property. The objective of the survey was to define, delineate and extend existing and additional locations of possible horizontal to steeply dipping, near surface and at depth, massive sulphides and to investigate possible lithological variations. High power gradient array surveys were conducted on the Tyrol Lake West Grid , supplemented with deepsections over selected anomalies. Spectral cole-cole data was derived from the high quality IP data to give further information on possible massive sulphides and lithological variations. The high power gradient and deepsection techniques were adopted based on its high resolution and deep penetration characteristics.

The "DEEPSection" survey technique is based on two proven IP arrays; the gradient and vertical electrical sounding (VES) arrays. The vertical electrical soundings are measured as multiple gradient arrays with variable depths of investigation controlled by successive changes in current electrode geometry. This combined survey arrays are techniques based on specifications developed by Or. Perparim Alikaj, of the Polytechnic University of Tirana, Albania, over the course of 8 years of application. The DeepSection technique has been further developed in Canada, over the past seven years, by Albert Vickers in association with geophysical contracting companies.

The following report describes the geophysical work undertaken, the instrumentation used, survey techniques implemented, logistical parameters and interpretative results. The DEEPSection/High Powered Gradient survey results are presented in line-section and plan map, with posted values. An interpretive map is included indicating the major anomalies.

2. GENERAL SURVEY DETAILS

2.1 Location and Access

The property is located within NTS block 42 E/13SW and is bounded by latitudes 49" 47'N and 490 49' N and latitude 87" 54' W and 870 50' within Meader Township in the Thunder Bay Mining Division. The Tyrol Lake West Property is located within the eastern portion of the Wabigon Sub-province of the Superior Structural Province (figures 1 S 2).

-N-

— -— Provincial boundary

— — — International boundary

———— Subprovince boundary

———— Limit of exposed Archean rocks

Sugluk .

Thompson Belt

Bienville ^ l Ashuonipi

^La Grande River

TYROL LAKE WEST GRID

f n C 1 i- V, ^ utt, A \ ^ VJ^V#/ l \ f vr*; fr\*A ^^ \ \ 11 ^~--r * V, ; x

Wabigoon Subprovince

C,\"

-^;t^.~''

250km

' .J*6 .

FIGURE 1

METALORE RESOURCES LTD.TYROL LAKE PROPERTY

TYROL LAKE WEST GRIDMEADER TWP. ON

REGIONAL GEOLOGY A: LOCATION MAP

TYROL LAKE WEST GRID

: . .^"rc Provincial 0 ^

"'d f-li^^'c Pah

(Wl.-?^ IM^""'-" —^.f * A i j \\\ \Lake

^rtitptiwad^e' Granitehi

Goose

UNO BAY f&s. raft. turn. Edward Istond Protr. Nat Ras.

h provincial Porphyry Island Provincial Part provincial Sleeping Giant Provincial Parti

METALORE RESOURCES LTD.TYROL LAKE PROPERTY

TYROL LAKE WEST GRIDMEADER TWP. ON

PROPERTY LOCATION MAP

Scale 1:1725000 fo/ie/tet cm-17.25 km 1 -. 27 J Mites Mto

40 60 80

FIGURE 2

LAKE WEST GRID

1233703 1233704

^-^—* 1216*75 l -

i \.S~\l1216031METALORE RESOURCES LTD

TYROL LAKE PROPERTYTYROL LAKE WEST GRID

MEADER TWP. ON CLAIM LOCATION MAP

The Tyrol Lake West property consists of the Tyrol Lake West claims within the south-east corner of Meader Township (Figure 3). This property is located approximately 180 kilometers northeast of Thunder Bay and 65 kilometer west northwest of Geraldton, Ontario, off Trans-Canada highway 11. The grid is accessible via small boat on Tyrol lake where a recent drill road departs west from highway 801 approximately 20 km northwest of highway 11 (NTS 42 E/13, see Figure 2 4 3). All IP wire and equipment was transported to the grid by motorized boat.

2.2 Survey Grid and Coverage

The survey control consists of cut grid-lines, established on the Tyrol Lake West grid prior to the High Power IP/Resistivity survey. The survey grid was determined by project geologist George Chilian and was cut and chained by Grey Owl Resources. The IP survey grid comprised of north- south 400 foot (121.92m) and 200 foot (60.96m) spaced lines extending along a baseline azimuth of 400 . The station interval is 100 feet, with secant horizontal corrections where necessary.

High power IP/Resistivity was completed on selected cross survey-lines and the survey coverage are detailed in table 1. Only a small part of the survey grid was selected for the IP survey. Due to the nature of the IP receiver array, some survey lines were extended beyond or shorten within, the cut survey lines.

The IP/Resistivity geophysical program was undertaken from October 3rd to October 4*, 1999, over a total of 2 production days (see Appendix B - production log). A total of nine thousand line-feet (9000ft; pot-to-pot coverage, 2743.2m) of IP/Resistivity measurements were taken in the form of high power Gradient and DeepSections surveys. This coverage was achieved with 1 gradient IP-BLOCK and 3 sets of DeepSection setups over the Tyrol Lake West Grid. The following table 1 details the IP/Resistivity survey-line coverage according to gradient IP-BLOCK and its corresponding DEEPSection.

TYROL LAKE WEST GRIDIP-BLOCK

(AB size)

IP-BLK 1(AB = 6700 ft) (AB = 2050 m)

1 IP BLOCK

G^ (north current

electrode station)

L2600W.4800S

C 2 (south current

electrode station)

L2600E, 1900N

P-line(Read Line)

2000W2400W2600W2800W

Start(Back Pot)

1200S900S

0900S

End(Front Pot)

1200N1200NSOON

0

Total (ft)(BackpottoftrtpoQ

2400.0ft2100.0ft300.0ft900.0ft

Total plan mao coverage 5700.0ftDEEPSECTIONS L2400W

L2400W*6700ft (from plan map)

5075ft AB3725ft AB2300ft AB

1 DeepSection

L2600W,4800S

L2400W.1575NL2400W.1575NL2400W,1000N

L2600E, 1900N

L2400W, 3500SL2400W, 2150SL2400W, 1300S

3 DeepSection Current Electrode Setups

*2400W

22400W2400W2400W

900S

900S900S700S

1200N

SOONSOON200N

Total DeepSection Coverage

1 TOTAL DeepSection and Plan Map Survey Coverage

*21 00.0ft

1200.0ft1200.0ft900.0ft

3300.0ft

9000.0ft 2743.2m

* Not included in DeepSection Total

Table 2: Multi-Gradient IP Survey Coverage at Tyrol Lake West Property for 1999.

2.3 Personnel

The High Power Gradient and DeepSection surveys require a minimum of four personnel. A fifth crew worker was occasionally employed on the Tyrol Lake West Grid to increase survey production by placing current electrodes ahead of the survey crew. Data quality and placement of current electrodes was overseen by project geophysicist and the main IPR-12 receiver operators, who are knowledgeable and familiar with statistical and spectral data quality and general interpretation of the data.

Albert Vickers, B.Sc. GeophysicistBathurst, NB

David Murphy, B.Sc. Field Operations/ Crew Chief No. 1Dunlop, NB

Donald Taylor, Field Operations/ Crew Chief No. 2Bathurst, NB

Daryl Boucher Geophysical Field Assistant Bathurst, NB

Andrew Taylor Geophysical Field Assistant Bathurst, NB

Additional Field Workers

Mr. Vickers supervised the survey, processed and compiled aU geophysical data, interpreted the results, liaison with Prifher repersentives and property holders, and authored this report. Mr. Vickers operated the IPR-12 receiver, when in the field.

Mr. Murphy is familiar with alt aspects of the DeepSection survey and IP/cole-cole (Spectral) quality data collection. David operation the IPR- 12 receiver and was responsible for data quality, efficient operation of the survey and preliminary data processing. David is also the fire chief and responsible for crew safety and is registered with the Canadian Red Cross First aid.

Mr. Taylor is familiar with the DeepSection survey procedure and IP data coflection. Donald's duties included operation of the IPR-12 receiver, placement of receiving electrodes and overall responsible for data quality and efficient operation of the survey.

Mr. Boucher is familiar with the procedures of IP operations and data collection. Daryl operated the TSQ-4 transmitter and was responsible for the placement of receiving and transmitting electrodes and the day to day operations of the DeepSection IP survey.

Mr. A Taylor is familiar with the procedures of IP operations and data coflection. Andrew operated the TSQ-4 transmitter and was responsible for the placement of receiving and transmitting electrodes and the day to day operations of the DeepSection IP survey.

Additional field workers were occasionally employed to increase production of the survey and temporary replace any of the above workers during their absents. Their responsibilities included the placement of receiving electrodes and assisting with the day to day operations of the survey.

3.0 SURVEY METHOD

3.1 Survey Description

A total of 9000 ft (2743.2m) of IP/Resistivity coverage of Gradient and DeepSection were measured from 1 IP-BLOCK and 1 DeepSection setup on the Tyrol Lake West Grid. The above table 2 gives the total kilometers surveyed on each line as per IP-BLOCK and DeepSection.

IP BLOCK with Plan Map Coverage

C1 Current electrode

Current electrode

bc2Current electrodes placed beyond survey lines (IP BLOCK) for plan map. Current electrodes are placed closer to anomalies of interest for vertical information (DeepSections).Average length of survey lines

———————————— 6,7100ft —————

Average current electrode separation (AB)

Figure 4: Description of Gradient Amy and DeeoSection at the Tyrol Lako West Grid

In order to provide the current-source field required for the multiple gradient array measurements, a current dipole (referred to as an AB) was established as an IP-BLOCK over the survey grid (Table 2). The dipoles were centered over the survey area and measured with a receiver spread of seven electrodes using a dipole "a" spacing (MN) of 100 ft. The seven electrodes spread measures 600ft of survey line at one time. The array setup, i.e., IP-BLOCKS and survey coverage, are summarized in Table 2. Both the primary voltage (Vp) and secondary voltage decay (chargeability M) were acquired in the time-domain, using a square waveform transmitted at a frequency of 0.0625 Hz at SO1!*) duty cycle (4-seconds ON, 4 seconds OFF).

Area of Integration forM Chargeability Measurment(Vs Secondary Voltage) *VP

(Voltage Potential)

Area of Integration for Vp Measurment

Sp(Self Potential)

One Complete 16 sec. IP cycle (-1-4 sec. ON/OFF 4 - 4 sec. ON/OFF)

Figure 5: IP Waveform with IP Parameters tor Each Receivina Dioole

3.2 Equipment and Survey Procedures

The IP survey employed the IPR-12 time-domain induced polarization/resistivity receiver manufactured by Scintrex Limited of Toronto Canada. The unit is a portable, microprocessor- controlled acquisition system capable of simultaneously measuring eight dipoles. The primary voltage, self potential and individual transient windows are continuously averaged and the display is updated every cycle so the operator is fully aware of signal improvement. Geometric parameters, time parameters, primary voltage, array types and station numbers are fully programmable. A large display screen allows the operator real time in-field access to graphic, numerical display of measured data and calculated spectral data. For each dipole, the unit measures or calculates the self-potential (Sp - mV), primary voltage (Vp - mV), apparent resistivity, the secondary voltage decay over 13 time slices, the total apparent chargeability (M - mV/V) and Cole-Cole Parameters (Spectral data). All programmed parameters, measured and calculated values are stored in solid state memory.

The Scintrex TSQ-4 variable frequency transmitter was employed (maximum output voltage 3200 volts, weight 90 Ib.) in conjunction with an MG-15, consisting of a Westinghouse 30 kVA, 3-phase, 400 Hz. alternator coupled to a 25 H. P. Onnan motor-generator (350 Ib). Both units are manufactured by Scintrex Ltd., Concord, Canada. The system provided a stable, regulated current (10 amps maximum) at an 8 second, 50 percent duty cycle. Stainless steel current electrodes connected via 10 gauge copper wire were used for current injection contacts (C-\ A C2). Electrode contacts were watered with saturated CaCI solution in order to improve the contact resistance. Contact resistance varied between 20k-30k ohms, with an overall average of 25 k ohms. Transmitted currents between 2800-7000 milliamperes were achieved. Motorola VHP-band radios provided communication links for the crew in the field.

All measured values were routinely stored in the receiver's solid state memory, and at the end of each survey day, the IPR-12 was interfaced with an IBM compatible portable micro-computer (586DX- 166MHz) and the data transferred to disk for storage and processing. All data was processed in the Bathurst office where report-quality field plots were generated daily, using 36 inch HP Paint Jet XL350c color printer, to monitor the data quality and to provide preliminary interpretation capability.

The induced polarization survey implemented the gradient electrode configuration, using a dipole "a" spacing (MN) of 100 feet and current dipoles (AB) ranging from 6700 to 2300 feet. The receiver array consisted of 6 end-on dipoles; totaling 600 feet in length, and the profiles were surveyed using the roll-along technique. The 6 end-on dipoles consisted of 7 receiving electrodes that are in turn connect to the receiver (Rx) with 14 gauge copper insulated wire. Up to three thousand (4,500) line-feet of coverage were surveyed per field day.

3.3 Difficulties Encountered and Accuracy of Measurements

The quality of measurements in the field was closely monitored during the course of the survey in order to detect any weaknesses, either technical or natural, which may affected the quality of the data recorded. With the high quality procedures of the IP/Resistivity survey, consistent in-field spectral cole-cole calculations were possible on the data, signifying the operators awareness and extra care in collecting the data. Overall all geophysical surveys progressed deliberately and efficiently. A summary of variations in the field conditions follow.

High Power IP 4 Cultural Noise

The isolated location of the Tyrol Lake West property does not lend to apparent cultural features on or near the survey area, i.e., power-lines, fences, buildings, etc. However, past road construction and logging operations have been noted to leave, short metal cables, chains, hooks and metal culverts that may not be noticed. The IP and resistivity do not respond to these types of small non-linear features, unless a reading is taken directly on one of these cultural sources. If a small cultural feature were not noticed at the placement of an IP receiver pot, a cultural response would be suspected with a high Tau response and above average standard deviation of errors. The correction would be made in the field by moving the IP receiver pot and repeating the reading.

Signal to Noise

The main source of difficulty was establishing current injection points for the IP BLOCK and DeepSections. Areas of the grid such as high dry ground that is resistive to current. To maintain the necessary high currents extra time was spent establishing current electrodes. Current electrodes are best placed on low wet ground where possible and extra CaCI solution was carried to the electrode site. Overnight seepage of CaCI solution into the ground also reduced electrode contact resistance. Electrode contact resistance was reduced but the estimated time to setup the current electrode was double.

High electrode contact resistance was also managed by applying a higher voltage. The 10 kW IP Transmitter, with 10-gauge low resistance double insulated wire, can maintain a maximum voltage of 3300 Volts. Unfortunately, high voltages require extra precautions. Small cracks in the wire insulation can lead to current leaks when a high voltage is applied and wet conditions can cause electrical arcing in the transmitter (blown fuses). To prevent current leaks the transmitting wire was hung 1-2 meters in the trees.

An average current of 6.5 amperes was maintained throughout the IP survey. Overall, a repeatability of approximately 1 decade ohm-m for the resistivity, and 0.5mVA/ for the chargeability were easily maintained throughout the course of the survey. With the exception of the first current setup (IP-BLOCK IP), the data was collected with accuracy, that enable consistent calculation of Spectral Cole-Cole parameters. In general, the excellent IP data quality is evidenced by the low standard errors of measurement, good spectral cole-cole calculations with early time correction, and high repeatability-as shown in the relatively smooth nature of the data on the 400ft and 200ft spaced lines.

3.4 Quantities Measured and Data Processing

Once the data have been collected in the field, the receiver is interfaced with a microcomputer and the raw field data is transferred onto the hard-drive for further reduction. The data is backed up on diskette at the Bathurst office. Following this, the data sets are reduced using Geosoft™ software. The Geosoft™ software is used to calculate apparent resistivity, user defined M1t chargeability, and further analyze of the cole-cole parameters, as explained in the following figures and equations.

3.4.1 Resistivity Measurements and Processing

The applied current and measured voltage (Vp) equates an electrical resistivity as a measure of the bulk electrical resistivity of the subsurface. Electricity flows in the ground primarily through the ground water present in the subsurface bedrock. The current flows primarily within the pore-spaces and fractures of the bedrock. Silicates that form the bulk of the rock forming minerals are poor

conductors of electricity, weathered layers are generally intermediate conductors and sulphides and graphite are very good conductors. For any array, the value of resistivity is a true value of subsurface resistivity only, if the earth is homogeneous and isotropic. Since homogeneous and isotropic conditions are improbable, the apparent resistivity is a qualitative calculation based on measured and idealized results used to locate relative changes in subsurface resistivity only.

Due to the electrical field decreasing with distance from the current electrode a k-factor is used to normalize the resistivity.

The K-factor calculations are based on the general formula for the calculation of the potential distribution in a current dipole.

= Ip(lfCiPi - HCiPi -

The K-factor calculations are based on the grid coordinates of C-g, C2 and PI, P2 (figure 6).

The Apparent Resistivity ( p) calculation is defined as:

(2) p=k*VII

Where:

Vp is the Primary Voltage of therespective dipole (figure 5 S 6)

I is the transmitter current K is the K-factor

Gradient Array IP BLOCK

Approximate current field distribution

Current electrode

c2

C-line

(AB, current electrode separation)

Figure 6: Description of Gradient array and Geometric Parameters

The above diagrams (figure 5 S 6) illustrate the gradient array electrode configuration and nomenclature as described in the above equations. The potential field distribution from the gradient array configuration varies in intensity from station to station and from line to line. The potential field decreases with distance from the current electrodes. Figure 6 illustrates the potential field as an approximation of current distribution within an 'ideal' IP-BLOCK, illustrating the decrease in current from line to line. When calculating the resistivity, the general formula for K-factor calculations corrects for this 'ideal' variation in the potential field distribution. One should note that the potential field distribution limits the number of lines surveyed per IP-BLOCK.

Gradient Array IP BLOCK

Approximate current field distribution

Current electrode

Current lines channeled along conductive unit and not along grid lines. The result is a weak

primary voltage (Vp) measured along the survey lines.

—————————— 2100 - 6700 ft ————————————

(AB, current electrode separation)

Figure 6a: Description of Gradient Array Showing a Distorted Current Field

Figure 6a illustrates the potential field as an approximation of current distribution channeled along a conductive trend. There is no direct evidence that exhibits this current channeling expressed with a very low Vp measured in the field. The k-factor correction, applied to the resistivity, assumes a potential field without current channeling, as illustrated in figure 6. The k-factor corrects for an ideal current distribution where the resistivities on the Tyrol Lake West grid are assumed correct.

3.4.2 IP Measurements and Processing

The (PR-12 also measures the secondary or transient relaxation voltage during the two second off cycle. Thirteen slices of the decay curve are measured at semi-logarithmically spaced intervals between 40 and 3540 milliseconds after turn-off. The measured transient voltage when normalized for the width of the slice and the amplitude of the primary voltage yields a measure of the polarizability called chargeability in units of millivolts/volt.

The Chargeability (M) calculation is defined in the following formulas and figures 5, 6 S 7:

(3a)

Where:

(2(3D) V^^

t\

tf = time at beginning of slice \2 ~ time at end of slice V ~ 'l-*2 (integration time) Vp = primary voltage measured

during current on (figure 5) Vs = secondary voltage measured

during current off (figure 5)

The time slice Mn (1180 -1640 msec, figure 7) was chosen as the optimal chargeability time window for the Tyrol Lake West survey.

VsmV/V

——— 4 sec. IP Decay Curve with 40 msec, delay 8.1311m* slices (Not (D seal*)

l \Delay Time 40 msec.M2 20 msec. iM3 40 msec. M4 40 msec. VMS 80 msec.

\M680 msec. \M7160msec.

M8 160 msec.

JK9 280 msec.

M10 280 msec.

Jrt11 460 msec, (time sHce plotted)

M12 460 msec.

(1 ti B+1 Timefmiiseconds) 114

Figure 7: IPR-12 Time Slices of a 4 sec. IP Decay Curve Mot to Scale).

The measurement of the time-domain IP chargeability (M) is given by equations 3a S 3b where ti, tjH. 1 are the beginning and ending times for each of the chargeability slices as set in the IPR-12 for a 4 sec ON/OFF cycle. To ensure optimum anomaly resolution and noise suppression - according to the specific geologic/geomorphologic environment the chargeability time-gate chosen for Tyrol Lake West Grid is M^ (1180 - 1640 msec from to, figure 7).

3.4.3 Spectral Observations and Processing

The spectral parameters "M" and tau (T) with "c" fixed at 0.25 are calculated in-field by the IPR-12. On the bases of Johnson (1984) a summary of the spectral parameters is as follows:

"M": The chargeability ("M") is the relative residual voltage which would be seen immediately after shut-off of an infinitely long transmitted pulse (Seigel, 1959). "M" is the numerically derived equivalent to Seigel's "m" or theoretical chargeability. It is related to the traditional chargeability, which is measured at discrete time intervals after the shut-off of a series of pulses of finite duration.

The "M" calculated on the IPR-12 is the ratio of voltage immediately after, to the voltage just before an infinitely long transmitted pulse (measured from the 2 second on/off cycle) and may represent the volume percent metallic sulphides.

tau (T): The time constant tau (T) and exponent (c) are measurable physical properties which describe the shape of the decay curve in time domain or the phase spectrum in frequency domain. For conventional IP targets, the time constant has been shown to range from approximately .01 seconds to greater than 100 seconds and is thought of as a measure of grain size. Fine-grained mineralization loses charge quickly, coarse grained mineralization holds charge longer. The EM effect associated with IP and the breakdown of the capacitive membrane effect are other factors that are recently being understood.

c: The exponent (c) has been shown to have a range of interest from 0. 1 to 0.5 or greater and is diagnostic of the uniformity of the grain size (0.5 single grain size - 0.1 - many grain sizes).

10

"M" and tau (T) are plotted in DeepSection and plan formats for all data. Recalculation of the IP data with a variable spectral parameter, c, and plotting of other time slices of decay curve (ft/fe to M^) may be found in the data disks as outlined in section 3.5.

Please note that the data collected has minor differences to Johnson's (1984) approach. Field experience has shown several phenomena that can alter the shape of the time-domain IP decay.

electromagnetic (EM) couplingcurrent electrode placement on conductive source,

interline couplingvariations of the average size of metallic particlesdegree of interconnection of metallic particlesmultiple IP sources

other IP survey within the same areatelluric noise

To help resolve these problems the first time slices are omitted from the cole-cole calculation (curve fitting) in addition to the extra care in collecting the data. The data collected on the Tyrol Lake West grid exhibited very little EM distortion on the first eight to ten time slices (M2 to M11, 40msec - 1640msec. Figure 7). The exponent "c" is fixed at 0.25 to help achieve a better fit, provided c is close to 0.25.

The spectral parameters have proven useful in differentiating between fine and coarse-grained sulphides. Experience has shown the "M" parameter (derived m) is helpful in ranking anomalies in areas of high resistivity, where the apparent chargeability is increased accordingly. Also in areas of low conductivity, the parameter has proved advantageous in determining which anomalies have sulphide sources.

It has been observed by IPTEC that spectral cole-cole data can vary according to applied voltage and the length of time the voltage is applied. This effect gives a unique tau value for each current electrode setup, as the voltage and current applied is not always adjusted or normalized to give the same spectral responses. IPTEC is presently working to establish an efficient field method that will correct the level shifts in the tau (T) data without compromising survey time.

In summary the source discrimination capability of the IP measurement (in the time or frequency domain) is not always apparent, but, it is recommend that in areas with geological control, the IP decay curves be studied for significant and systematic differences. If such differences are apparent (at a particular receive time), such may be applied elsewhere in the same geological environment.

More detailed descriptions on the theory and application of the IP/Resistivity method, DeepSection technique, and the Cole-Cole Spectral parameters can be found in the list of references in appendix C.

11

3.5 Presentation of Results and Digital Data Formats

The data is plotted in true grid plan (1:4800) and DeepSection format (1:2400), according to the AB spacing using GeosoftTM IP mapping system programs. The p (apparent resistivity), Mn chargeabilities and spectral tau and "M" are presented in DeepSection format at the 1:2400 scale and the plan maps of each separate grid at the 1:4800 scale.

All geophysical data are included with this report and are listed in appendix E (List of Maps). The IP/Resistivity survey results are presented as contour plan maps and DeepSections with posted values included on the contours. All maps are available in .DXF format including the Cole-Cole 'M' that is not included with the list DeepSections. Within this study all apparent resistivities are in ohm- m, all chargeability and "M" values are expressed in mV/Volt, all Tau cole-cole spectral in seconds (sec.).

All IP data are processed and separated according to line number containing all geoelectric parameters and statistical information. They are stored in Geosoft™ .XYZ ASCII format on DS-HD (1.44Mb) 3.5 inch diskettes and the files use the following formats:

Raw data files from the IPR-12 receiver are named according to date and IPTEC job number. The complete IPR-12 dump file format includes current electrode coordinates and all data collected and calculated. The description of the data is included with each dump file. The data files are further broken down into line files in .DAT and .XYZ format and labeled according to line number.

GeoSoft l IPTEC FormatT26W67.DAT

Line No. l T______ AB Size*

*Coordinates of current electrodes and all necessary DeepSection information is contained within the file.

The .XYZ format of each line file follows:

LINE STATION 1 STATION 2 Vp A Sp M2 toM14 "M" i

Where Vp, A, Sp, M2 to M14 are described in the above section 3.4.

All maps are in .DXF format and the map files are labeled according to map numbers (see Appendix E). The Cole-Cole 'M' and Tau1 have similar file formats with similar file names.

All diskette files have been compressed into self-expanding disc files using Pkware software and are available upon request.

12

4.0 DISCUSSION OF RESULTS AND RECOMMENDATIONS

The results of the high power gradient and deepsection surveys on the Tyrol Lake West grid reveals a grid east-west geoelectrical grain that is presented with resistivity, chargeability and Tau responses. This east-west geoelectrical grain is dominated with two low resistivties R1 and R2. The southern low resistivity R1 is adjacent to chargeability high C1, suggesting mineralization. This R1/C1 anomaly is considered to be the most significant response and is further defined by a DeepSection on line L2400W. The L2400W deepsection add a third dimension to the interpretation and suggests the R1/C1 responses are continuous with depth. The IP cole-cole Tau serves to aid the interpretation with a coincident high tau indicating a coarse grained or connected mineralization. The Tau value can be affected by numerous factors, but should be noted when its high occurrence is associated with well-defined mineralization.

C1 (centered at 300S, approx. 200ft wide, max value 30.9 mV/V on L2400W)R1 (centered 500S, approx. 100ft wide discontinuous, max low value 5144 ohm m onL2400W)

The high chargeability C1 associated with the low resistivity R1 is the EW geoelectrical signatures that indicates the possibility of chargeable and conductive mineralization on the Tyrol Lake West IP survey. It should be noted that possible mineralization associated the high chargeability C1 is considered disseminated due to the nonconductive high resistivity (greater than 10 000 ohm m) and moderate tau (10 sec.). Mineralization may be associated with the adjacent low resistivity R1 where R1 may be factor contributing to the adjacent high chargeability CI

A closer examination of the deepsection on line L2400W suggests the R1/C1 responses are continuous with depth with a weaker low resistivity (approximately 12000 ohm m) adjacent to and north of C1. Any drilling should include the weak low resistivity north of C1.

R2 (extending beyond grid, max low value 5144 ohm m, north of 450N)

The low resistivity R2 is associated with a low chargeability and tau responses suggesting no mineralization north of 450N. However, conductive overburden may dilute the response from any underlining high chargeability as well as contributing to the low resistivity. Other factors such as overburden should be field investigated before the unit north of 450N is considered barren of mineralization.

Further investigation of the resistivities and high chargeabilties in conjunction with other available geophysical, geological and geochemical information, should be considered to further determine the potential from the Tyrol Lake West IP survey.

13

5.0 SUMMARY AND CONCLUSIONS

At the request of Metalore Resources Ltd., Grey Owl Resources in conjunction with IPTEC reg'd, a division of Lone Pine Exploration Services Ltd., establish survey lines, conducted multiple gradient IP/Resistivity geophysical surveys at the Tyrol Lake West Grid, during 2 days from October 3rd October 4th, 1999.

On the basis of favorable past geophysical, geochemical and geological surveys, Metalore Resources Ltd. requested a geophysical survey on the Tyrol Lake West property to further define a favorable zone of interest and its probable associated folding (map I1499-PM-I), utilizing the High Power gradient and DeepSection IP technique. The objective of the survey was to define and delineate the extent and locations, near surface and at depth, of the known and unknown possible massive sulphides and lithological variations.

The objectives of the survey have been meet by revealing dominate geophysical features where the IP responses C1 is a degree of disseminated mineralization associated with the resistivity low responses R1. Although no direct correlation is made, the shape of the IP decay, from the high power IP survey, gives a calculable IP Cole-Cole curve fit that lends further information regarding connected grain size and bulk metallic sulphides, as derived from Tau.

The results of the high power gradient and deepsection surveys on the Tyrol Lake West grid maps a grid east-west geoelectrical grain that is presented with resistivity, chargeability and Tau responses. This east-west geoelectrical grain is dominated with two low resistivties R1 and R2. The south low resistivity R1 is coincident with chargeability high C1 suggesting mineralization. The geoelectrical grain and the R1/C1 anomaly is further defined by a DeepSections on line L2400W adding a third dimension to the interpretation that suggests the R1/C1 response is continues with depth. The IP cole-cole Tau serves to aid the interpretation with a coincident high tau indicating a coarse grained or connected mineralization. The Tau value can be affected by numerous factors, but should be noted when its high occurrence is associated with well-defined mineralization.

The DeepSection gives further information of the dip, folding and an overall structural perception for better drill target selection. One DeepSection was developed on Tyrol Lake West Grid line L2400W, from a shallow depth of 208m to a calculated average depth of 336 meters. The choices of which line was designated for DeepSection is based on other geological information supplied by the project geologist, the relatively strong IP/Resistivity, Spectral Tau responses and field logistics.

Strong geophysical trends dominate the survey results and host, or intersect significant anomalies. It is hoped that results from this survey be used in conjunction with the available geological information, through mapping and drilling, to further determine the potential of the Tyrol Lake West property.

Respectfully Submitted,• ••"7

^-r-"""""

Albert Vickers, B. Se. Geophysical Operations

14

APPENDIX A

STATEMENT OF QUALIFICATIONS

APPENDIX A STATEMENT OF QUALIFICATIONS

l Albert J. Vickers, hereby declare that:

l am a geophysicist with residence in Bathurst, NB and l am presently employed in this capacity with IPTEC reg'd, division of Lone Pine Exploration Services Limited of Bathurst, NB

l am a graduate of the University New Brunswick, Fredericton, NB, in 1987, with a Bachelor's Science Degree in Geology/Physics.

l am a member of: The Association of Professional Geoscientists of New Brunswick, New Brunswick Branch of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), New Brunswick Prospectors S Developers Association and Prospectors S Developers Association of Canada and member of the Environmental and Engineering Geophysical Society.

l have practiced my profession throughout North America continuously since graduation.

l have no interest nor do l expect to receive any interest, direct or indirect, in the properties or securities of Metalore Resources Ltd.

The statements made by me in this report represent my best opinion and judgment based on the information available to me at the time of the writing of this report.

Bathurst, NB November 19th 1999

Albert J. Vickers, B. Se. Geophysicist

APPENDIX B

LIST OF REFERENCES

APPENDIX B

LIST OF REFERENCES

BISHOP, J.R. and Lewis, R.J.G.; 1985: Time Domain Spectral IP Measurements From the Riseberry Mine; Exploration Geophysics 16, pp. 175-176.

DOBRIN, M.B. (1960). Introduction to Geophysical Prospecting.. McGraw-Hill, New York.

HALLOF, P.G.; 1983: An Introduction to the Use of the Spectral Induced Polarization Method; Publication of Phoenix Corp.

IRIS (BRGM) INSTRUMENTS, ELREC 6 (IP-6) Operating Manual Reversion 9.1, IPIS Instruments, France.

JAIN, S.C.; 1981: Master Curves for derivation of Cole-Cole Parameters from Multi-Channel Time Domain Data; Report No. IND/74/012-20, NGRI, Hyderabad, India.

JOHNSON, I.M.: Spectral Induced Polarization Parameters as Determined Through Time Domain Measurements; Geophysics Vol. 49, No. 11, pp. 19932004, 1984.

JOHNSON, I.M., Webster, B., 1989, Matthews R. and McMullan, S.: Time Domain Spectral IP Results from Three Gold Deposits in Northern Saskatchewan, CIMM Bulletin.

KELLER, G.V. and. Frischknecht F.C (1966). Electrical Methods in Geophysical Prospecting. Pergamon Press, New York.

LANGORE, L., Alikaj, P, Gjovreku, D.. Achievements in copper sulphide exploration in Albania with IP and EM Methods, 1989. Geophysical Prospecting, 37, p 925 - 941.

LORAN, P., Corson, D. R., (1979). Electromagnetism: Principles and Applications. W. H. Freeman 4 Company, San Francisco.

PELTON, W.H., Ward, S.H., Hallof, P.G., Sill, W.R. and Nelson, P.H., 1978: Mineral Discrimination and Removal of Inductive Coupling with Multi-Frequency IP; Geophysics Vol. 43, pp. 588-6009.

PARASNIS, D.S. (1978). Principles of Applied Geophysics. John Wiley and Sons, New York.

SEIGEL, H.O., 1959: Mathematical Formulation and Type Curves for Induced Polarization; Geophysics, Vol. 24, pp. 547-565.

SCINTREX LTD., 1994: IPR-12 Time Domain IP/Resistivity Receiver Operator Manual Rev. 1; Scintrex Ltd. 222 Snidercroft Rd. Concord, ON,.

TELFORD, W.M., et at. (1976). Applied Geophysics. Cambridge Press, New York.

TOMBS, J.M.C., 1981: The Feasibility of Making Spectral IP Measurements in the Time Domain; Geoexploration, Vol. 19, pp. 91-102.

WAIT, J.R. (Editor), 1959: Overvoltage Research and Geophysical Applications; Pergamon Press.

APPENDIX C

TYROL LAKE WEST PROPERTY IP PRODUCTION LOG

APPENDIX C

TYROL LAKE WEST PROPERTY PRODUCTION LOG

High Power multi-gradient Spectral IP and Resistivity

The following production log is based on a standard four-man crew with an IPTEC Geophysicist to assist with the survey and placement of current electrodes. A total of nine thousand line-feet (9000ft; pot-to-pot coverage) of IP/Resistivity measurements were taken in the form of high power Gradient and OeepSections surveys on the Tyrol Lake West from October 3rd to October 4*, 1999. The total IP/Resistivity survey time, is 2.0 days with an average survey production of 4500 feet per day on 200 and 400 feet spaced lines. The average survey production, that does not include estimate time for current electrode setups, is 6.500 km/day. The totals include the complete survey coverage on the Tyrol Lake West grids.

TYROL LAKE WEST PROPERTY IP PRODUCTION LOG

DATE

Oct 03

Oct04

Oct. 06TOTALAver ages

DAY

1

2

2

FEET•URVEVEO

IP BLOCK setup

9000ft

9000.0ft4500W

day

ELECTRODE DIPOLESETUP

JP BLOCK Main current wire is setupCurrent electrode; AB*6700ftC1 on L2600W at 4800SC2 on L2600w at 1900NIP BLOCKCurrent electrode; AB^700ftC1onL2600Wat4800SC2 on L2600w at 1900N

IP BLOCK OSCurrent electrode; AB*5075ftC1 on L2400W at 3500SC2onL2400wat1575NIP BLOCK DSCurrent electrode; ABz3725ftC1 on L2400W at 21 SOSC2onL2400wat1575NIP BLOCK DSCurrent electrode; AB=2300ftC1onL2400Wat1300SC2onL2400wat1000N

4 current IP BLOCK setups

PRODUCTION

IP BLOCKL2000W: 1200N to 1200SL2400W:1200Nto 900S

IP BLOCKL2600W: 300Nto 0L2800W: Oto 900S

IP BLOCKL2400W: 300Nto 9008

0

IP BLOCKL2400W: 300Nto 900S

IP BLOCKL2400W: 200Nto 700S

2 survey read days

ADDITION5AL INFORMATION

IP transmitter system and wire is transported via motor boat. Main transmitting wire is laid out and twofines are read.

Geoelectrical responses are similar to adjacentsurvey responses. A deepsection line is chosen,based on the IP responses and other geophysical andgeological data previously supplied by companyrepresentative. Survey is completed and all wire ispicked up.

De-Mob. Grey Owl crew packed up tents and remove all camp gear from camp site.

Tyrol West claims survey coverage: 9000.0 ft

APPENDIX D

INSTRUMENT SPECIFICATIONS

APPENDIX O

INSTRUMENT SPECIFICATIONS

SCINTREX IPR-12 TIME DOMAIN IP/RESISTIVITY RECEIVER TECHNICAL SPECIFICATIONS

Inputs Multiple inputs, allowing from 1 to 8 simultaneous dipole measurements. 9binding posts mounted in a single row for easy reversal of the connection of the dipole array.

Input impedance

Input voltage range

SumVp2....Vp8

SP bucking range

Chargeability range

Tau range

Reading resolution of Vp, SP and M Absolute accuracy

Common mode rejection

Vp integration time

IP Transient program

Transmitter timing

External circuit test

Synchronization

16 MQ

50 nV to 14V

14V

± 10 V. Automatic, linear slope correction operating on a cycle by cycle basis.

O to 300 m V/V

2-14 to 211 s

Vp - 10 nV, SP - 1 mV, M - 0.01 m MN

Better than ^%

to SO'fc of the current on time.

Total measuring time keyboard selectable at 1,2,4,8, 16 or 32 seconds. Normally 14 windows except that the first four are not measured on the 1 second timing, the first three are not measured on the 2 second timing and the first is not measured on the 4 second timing. See diagram in the Measurement and Calculation section. An additional; transient slice of a minimum 10 ms width, and 10 ms steps, with delay of at least 40 ms is keyboard selection.

Equal on and off times with polarity reversal each half cycle. ON/OFF times keyboard selectable at 1 .2,4,8,16 or 32 seconds. Timing accuracy of transmitter better than ±100 PPM required.

All dipoles are measured individually in sequence, using a 10 MHz square wave. Range is O to 2 MQ with 0. 1 kn resolution. The resistance is displayed on the LCD and is also recorded.

Self synchronizes on the signal received at a keyboard selected dipole. Time limited to avoid mistriggering.

SCINTREX IPR-12 TIME DOMAIN IP/RESISTIVITY RECEIVER TECHNICAL SPECIFICATIONS (CONT.)

Filtering

Internal test generator

Analog meter

Keyboard

Display

Display Heater

Memory capacity

Real time clock

Digital output

Standard rechargeable batteries

Ancillary rechargeable batteries

Use of non-rechargeable batteries

Field wire terminator

Optional multi-conductorcableadapterOperating and storage:Temperature range

Dimensions

Weight

RF filter, anti-aliasing filter, 10 Hz 6 poJe lowpass filter, statistical noise spike removal, linear drift correction, operating on a cycle by cycle basis.

SP = 1200 m V, Vp = 807mV, l\^30.28mVA/

For monitoring input signals, switchable to any dipole via keyboard.

1 7 key keypad with direct access to the most frequently used functions.

16 line by 42 characters, 256 x 128 dot graphics liquid crystal display. Displays instruments status during and after the reading.

Used in below - 150C operation. Thermostatically controlled. Requires separate rechargeable batteries for heater display only.

Stores information for approximately 400 readings when 8 dipoles are used, more with fewer dipoles.

Data is time stamped with year, month, day, hour, minute and second.

Formatted serial data output to printer or computer. Data output in 7 or 8 bit ASCII, one start, stop bits, no parity format. Baud rate is keyboard selectable, for standard rates between 300 Baud S 57.6 k Baud. Selectable carriage return delay to accommodate slow peripherals. Handshaking is done by X - on/X - off

Eight rechargeable Ni-Cad D cells. Supplied with a charger, suitable for 1 15/230 V, 50 to 60 Hz, 10 W. More than 20 hours service at * 250C, more than 8 hours at -300C.

An additional 8 rechargeable Ni-Cad D cells may be installed in the console along with the Standard Rechargeable Batteries. Used to power the Display Heater or as back-up power. Supplied with a second charger. More than 6 hours service at - 300C.

Can be powered by D size Alkaline batteries, but rechargeable batteries are recommended for longer life and lower cost over time.

Used to custom make cables for up to eight dipoles, using ordinary field wire.

When installed on the binding posts, permits connection of the Multi-dipole Potential Cables.

-300C to

Console: 355 x 270 x 165 mm Charger: 120 x 95 x 55 mm

Console: 5.8 kgStandard or Ancillary Rechargeable Batteries: 1.3 kgCharger: 1.1 kg

TSQ-4 TRANSMITTER CONSOLE AND MOTOR-GENERATOR SPECIFICATION

Output Power 10 kw maximum

Output Voltages

Output Current

500, 750, 1050, 1250, 1500, 1500, 1800, 2050, 2550, 2900,3300

Automatically controlled to within ±0.1 'ft for up to 20'ft external load variation.

Stabilization Overrange Protection High voltage shuts off automatically if the control range of20'fa is exceeded.

Digital Display

Current Reading Resolution

Frequency Domain Waveform

Frequency Domain Frequencies

Time Domain Cycle Timing

Time Domain

Time Domain Pulse Duration

Time and Frequency Stability

Efficiency (DC out to AC in)

Liquid crystal display (LCD) permits resolution up to 1999 with variable decimal points; switch selectable to read input voltage, output current, external circuit resistance, dual current range (switch selectable).

10 mA on coarse range (0-20A). 1 mA on fine range (0-2A).

Square wave, 1/32 of the period is off at each polarity change.

Standard: 0.1, 0.3, 1.0 and 3.0 Hz, switch selectable. Optional: any number of frequencies in range 0.1 to 5 Hz.

T:T:T:T; on:off:on:off; automatic

Each 2T; automatic Polarity Change

Standard: T^, 2, 4, 8, 16, 32 seconds.

Crystal controlled to better than .01 "fc.

0.83 max. depends on output power and current

APPENDIX E

LIST OF MAPS

APPENDIX ELIST OF MAPS

TYROL LAKE WEST GRID

IP Plan Maps

Chargeability (Mn), Contours 8t Posted Values Apparent Resistivity, Contours S Posted Values Metal Factor, Contours 8* Posted Values IP Cole-Cole 'Tau", Contours S Posted Values

Map No. I1499-PM-C1 Map No. I1499-PM-R1 Map No. I1499-PM-T1 Map No. I1499-PM-F1

Plan Map, 1:4,800 Plan Map, 1:4,800 Plan Map, 1:4,800 Plan Map, 1:4,800

IP DeepSection, Line 2400W

Chargeability (M-n), Contours b Posted Values Apparent Resistivity, Contours S Posted Values Metal Factor, Contours S Posted Values

Map No. I1499-DS-C1 Map No. I1499-DS-R1 Map No. I1499-DS-F1

DeepSection, 1:2,400 DeepSection, 1:2,400 DeepSection, 1:2,400

Geophysical Interpretation Map

Geoelectrical Interpretation Map Map No. I1499-PM-I1 Plan Map, 1:4,800

42E13SW2008 2.20965 MEADER 020

Metalore Resources LimitedP.O. Box 422

Simcoe, OntarioN3Y 4L5

Geophysical Report

Total Field Proton Magnetometer

And

GEM-19VLF

Tyrol Lake Property

NTS: 42 -E- 13

•2 OP 6 j,"REC0VED

MAR 1 i 2001GEOSCIENCE ASSESSMENT

OFFICE^—-——.

By: lan Spence B.Sc. June 24, 1999

TABLE OF CONTENTS

Introduction 1Location 1Access 1Claim Included in this Report 1Line Cutting 1Survey Objectives 1Theory of Operation 2Method of Operation 3Discussion of Results 4

Proton Magnetometer 4VLF 5

Table of Conductors 5 Conclusions and Recommendations 6

Maps and tables included in this Report

Location MapsFigure 1 Regional Geology S Location MapFigure 2 Property Location MapFigure 3 Claim Location Map

GEM-19 Proton Magnetometer (values and profiles) Scale 1:200 GEM-19 Proton Magnetometer (Contours) Scale 1:200 GEM-19 VLF Cutler, ME. (profiles) Sclae 1:200 GEM-19 VLF Cutler, ME. (Fraser Filter Contours) Scale 1:200 GEM-19 VLF Seattle, WA. (Profiles, values) Scale 1:200 GEM-19 VLF Seattle, WA. (Fraser Filter Contours) Scale 1:200

Table 1 Table of Conductors

Appendix A

Statement of Qualifications

Appendix B

Instrument Specifications

42E13SW2008 2.20965 MEADER 020C

Introduction

Grey Owl Resources was contracted by Metalore Resources Limited to conduct proton magnetometer and VLF surveys over their Tyrol Lake Property in Meader Township in the Beardmore - Gearldton area.

Location

The property is located in the Thunder Bay Mining Division in Meader Township (G-168) about 25 kilometers north of Highway 11 due west of the town of Jellico, Ontario. It is situated at Latitude 490 48'N and Longitude 870 19'W and about 250 kilometers east of Thunder Bay (Fig. 1) in NTS 42-E -NW.

Access

Access to the property from Thunder Bay is east along the Trans Canada Highway to the town of Nipigon where Highway 11 leads north to Jellico. Tyrol Lake was then accessed via float plane from Partridge Lake using a local air charter.

Claim Included in this Report

TB1233705

Linecutting

Intermediate grid lines were cut at 200 and 400 foot intervals with stations established every 50 feet along these lines. Approximately 30,000 feet were cut over the property. The baseline was cut @ 45 0 azimuth with the cross lines 900 to the baseline at 1350. The magnetic declination in this area is 40 west.

Survey Objectives

The survey objectives were to establish a magnetic survey with 200-foot line separation to define any anomalies present on the property. The two VLF surveys were run in order compare the responses of the two transmitting stations.

Theory of Operation

The GSM-19 is a portable high sensitivity Overhauser effect magnetometer designed for hand held or as a base station use for geophysical surveys. The magnetometer has a accuracy of 0.01 nT with a instrument drift of 0.2 nT over its full operating range.

Synchronized operation between the base station and hand held units is possible, and the corrections for diurnal variations of the magnetic field are done

automatically. The results are made available in serial form for collection by computers.

Magnetic Field Measurement

The measurement of the magnetic field consists of the following stepsa) Polarization. A strong RF current is passed through the sensor creating

polarization of a proton rich fluid in the sensor. In the case of the GSM-19, polarization can be concurrent with other intervals of measurement. Keeping the RF on all of the time increases the maximum data sampling rate to 5 Hz.

b) Deflection. A short pulse deflects the proton magnetization into the plane of precession

c) Pause. The pause allows the electrical transients to die off, leaving a slowly decaying proton precession signal above the noise level.

d) Counting. The proton precession frequency is measured and converted into magnetic field units.

e) Storage. The results are stored in memory together with the time , date, and coordinates of the station, (only the time and total field measurement are stored in the base station mode)

Earth's Magnetic Field

In the polar regions the inclination of the magnetic vector is approximately vertical, while in the equatorial regions it is horizontal. To obtain the best precession signal the sensor must be aligned with the magnetic field. In the polar regions the sensor axis must be horizontal, white at the equator vertical. Horizontal orientation of the sensor can be universal if the operator keeps the sensor orientated in an east-west direction (this is only important in the equator regions)

Initially the tuning of the instrument should agree with the nominal value of the magnetic field in that particular region. After each reading the instrument will tune itself automatically. If large changes to the magnetic field are encountered (i.e. banded iron formation) between successive readings, a warning is given and it may be necessary to repeat the reading.

Local ferromagnetic objects such as pocket knives, wristwatches, tools, etc. may impair the quality of the measurement or in severe cases even destroy the proton precession signal by creating excessive gradients. In normal applications the sensor should be kept at arms length from the operator.

VLF measurements are made by measuring the distortions of a VLF wave from a distant transmitter. Distortions of the VLF wave occur due to a local increase in electrical conductivity usually found within conductive bodies (graphite, sulphides, etc.), water filled fractures or topographic features such as hills or swamps. The increase in electrical conductivity is a function of the conductive material within the feature, such as water, clay or minerals.

Method of Operation

VLF

When conducting a survey with the VLF option on the GSM-19, the quality of the incoming signal can be effectively determined by the total AC electromagnetic field reading (induced by the VLF signal). This value is directly proportional to the strength of the incoming signal. A total field reading above 5 pT will yield quality results. Below this level, the readings will still give useful results although of lesser quality. In order to conduct a useful survey of an area the GSM-19 needs to be tuned with as high as possible a total electromagnetic field reading.

The survey records the frequency in kHz, field strength in pT, in-phase component, out-of-phase component, horizontal component (coil axis parallel to the operators direction) and horizontal component (coil axis vertical) of each station.

The GSM-19 can use 14 different transmitter stations between 15 and 30 kHz but can only read three at a time. The Cutler, Maine and Seattle, Washington stations were used in this survey. Cutler has a frequency of 24.0 kHz and Seattle has frequency of 24.8 kHz and transmitting power of 1000 kW.

Proton Magnetometer GSM-19

The survey was conducted in the mobile magnetometer - VLF mode. Magnetometer and VLF (Seattle and Cutler) readings were taken at 50 foot intervals along the picket lines over the grid.

Discussion of Results

Generally speaking the magnetic survey was successful in delineating a number magnetically active bands striking in a northeast-southwest direction across the property. The VLF surveys were successful in locating a limited number of conductive horizons on the claim group which correlate with these bands.

Proton Magnetometer

The total field proton magnetometer survey was successful in defining a number of magnetically active horizons occurring on the property, (see magnetic profile map) These areas are probably due to sulphide and/or magnetite horizons within the mafic volcanics.

VLFEM

The VLF outlined a number of weak conductors that had a limited correlation with the magnetic horizons on the property.

Table of Conductors Table 1

Cond uctor

A

B

C

D

E

F

G

H

l

J

Line*

26+00 W 24+00 W 22+00 W 20+00 W 18+00 W 16+00 W 14+00 W24+00 W

24+00 W

60+00 W

64+00 W

60+00 W

56+00 W

52+00 W

64+00 W

60+00 W

Location

7+20 N 6+50 N 6+25 N 6+00 N 5+85 N 6+00 N 5+50 N3+40 S

17+OON

23+40 N

16+40 N

13+15 N

14+25 N

9+80 N

10+12 N

4+90 N

Length

1400 '*

100 M-

100'*

100 '*

100-+

100 '*

100 '*

100'*

100'*

100 '*

Mag

No

Yes

no

No

No

No

No

Yes

No

Yes

NT

n/a

360 nT

n/a

n/a

n/a

n/a

n/a

40 nT

n/a

100 nT

Conduct! vity

Weak to

Moderate

V. Weak

strong

Moderate

V Strong

V. Weak

V. Weak

Weak

V. Weak

Weak

Comments

Topographic conductor, drainage system

correlating mag, very weak conductivity, possible

disseminated sulphidesPartial topographic response,

edge of lakeTopographic response, picking

up the edge of the lakeStrong conductivity without any magnetic correlation, Graphite?

Lpr a strong topographic responseWeak in-phase profile with a weak out of phase response,

Possible topographic responseWeak in-phase profile with a weak out of phase response,

Possible topographic responseWeak in-phase profile with a weak out of phase response,

weak magnetic correlation (40 nT), possible bedrock response

Weak in-phase profile with a weak out of phase response,

topographic responseWeak in-phase profile with a weak out of phase response,

bedrock response?

Conclusions and Recommendations

The proton magnetometer was successful in delineating a number of magnetically active horizons occurring along and south of the baseline.

The VLF wes successful in locating a number of weak anomalies that correlated with the magnetic horizons on the property.

The magnetic survey has indicated the presence of a number of narrow horizons on the property. This activity seems to be concentrated below an east west trending drainage system located along 500 N in the east and 900 N in the western part of the grid. This may represent either a fault zone along this creek system or a possible change in lithology as reflected by the differing magnetic signatures across this break.

It is recommended that a program of mapping and prospecting be focussed on these magnetic horizons to determine if the gold mineralization is associated with them.

RespectivelvSubmiited,

an Spence June 24, 19

Appendix A

Conclusions and Recommendations

The proton magnetometer was successful in delineating a number of magnetically active horizons occurring along and south of the baseline.

The VLF was successful in locating a number of weak anomalies that correlated with the magnetic horizons on the property.

The magnetic survey has indicated the presence of a number of narrow horizons on the property. This activity seems to be concentrated below an east west trending drainage system located along 500 N in the east and 900 N in the western pan of the grid. This may represent either a fault zone along this creek system or a possible change in lithology as reflected by the differing magnetic signatures across this break.

tt is recommended that a program of mapping and prospecting be focussed on these magnetic horizons to determine if the gold mineralization is associated with them.

RespectlvelySubmiited,

an Spence June 24,

9057648093 TERRAPLUS INC 7'dD PB3 I'lfiY 20 '96 lb:2b

Magnetomete VLF System

VJ OJLVJL- JL -X'J

The GSM-19 is a siate-of-the-art magnetometer l VLF system that delivers both the quality of data and the extensive capabilities required to perform a broad spectrum of applications. Whether the application calls for detailed ground surveys, high-resolution marine surveys, or remotely controlled magnetic observatory measurements, you can count on the GSM-19 system to meet your goals.

-The GSM-19 can be configured as either an Overhauser effect proton precession magnetometer or a conventional proton unit.

GEM's advanced Overhauser version employs continuous radiofrequency polarization and special sensors to maximize the signal-to-noise ratio. Instrument sensitivity (0.05 gamma), resolution (0.01 gamma) and absolute accuracy (0.2 gamma) set new performance standards. Moreover omnidirectional sensors ensure a high quality of data even in low magnetic latitudes.You can also take advantage of versatile options that reduce field costs and increase survey productivity. And the lightweight Overhauser unit is easy to transport and operate in the field (console with rechargeable batteries weighs only 2. l kilograms).

The modular design of the GSM-19 Overhauser magnetometer ensures that the system can be upgraded as workloads change. You can select from a number of building blocks, including:

® Simultaneous gradiometer.* Continuous profiling "Walking" magnetometer l

gradiometer.* Very fast sampling (up to 5 readings per second)

magnetomcter/gradiometer.* Omnidirectional VLF.* Shallow or deep marine operation.* Remote control for observatory and airborne bas

station applications.

If your application does not yet require the extende capabilities or the cost benefits of an Overhauser ur conventional GSM-19 unit is available. This dedica proton magnetometer can be equipped with gradio: or VLF options, and is upgradable to an Overhaul magnetometer.The Overhauser and conventional magnetometers : many powerful features:

* Easy to leam interactive menu.* Streamlined grid coordinate system with "end o

line" quick change capability. 0 128 kilobyte basic memory, expandable to

2 Megabytes.* Programmable RS-232 high-speed data transfe:

19.2 kilobaud).* 50 and 60 Hz filters, user selectable.* Automatic tuning and base station synchroniza-

BuHcfing Blocks (Upgrade Options)

A Pro'.cn Tola! Field system may be toaa Overhaul system, which allows further up^dc to "Walking" and Hip Chain models.

uvemauscr oy stemA Full Range of Building Blocks

'multaueous Gradiometermining, environmental, and archaeological

applications call for high-sensitivity gradiometer trveys. The GSM-19 meets these needs in several

ways. For example, simultaneous measurement of the•"agnettc field at both sensors eliminates diurnal

agnetic effects. And Overhauser proton precessionimproves data accuracy and precision. The net result is a

ae gradient reading that resolves even weak anomalies^ 3ss than 0.25 gamma).

omnidirectional VLFWith OEM's omnidirectional VLF option, up to three "*ations of VLF data can be acquired without orienting.

loreover, the operator is able to record both magnetic and VLF data with a single stroke on the keypad.

12-bit A/D converter has also been incorporated in the VLF instrumentation to enhance resolution of near- "irface electromagnetic conductors.

"Walking" Magnetometer l GradiometerGEM's unique "Walking" option enables acquisition ( nearly continuous data on survey lines. Similar to an airborne survey in principle, data is recorded at discre time intervals (up to 2 readings per second) as the instrument travels along the line. At each major surve picket (fiducial), the operator touches a designated k- The "Walking Mag" automatically assigns a linearly interpolated coordinate to all intervening readings.

A main benefit of the "Walking" option is that the hi sample density improves definition of geologic structures. And because the operator can record dat: a near-continuous basis, the "Walking Mag" increas* survey efficiency and minimizes field expenditures - especially for highly detailed ground-based surveys.

As shown below, near-continuous measurements increase definition. Results from the GSM-19 "Walking Mag" (273 readings over 150 m with 2 sec. cycle time) were compared \ results from a standard magnetometer (13 readings over 150

Near-Continuous Surveys Improve Definition of Magnetic Anomalies

66000 -

65000 -

^ 64000 -

•~ 63000 -

| 62000 -jz -o 61000 -V

^ 60000 -"S

g, 59000 - to2 58000 ;

57000 -

A———— GSM-19 Walking Mag ' i

i \ — * — Standard Mag ! \

1 \

l \i \

A /l \___ (^ ^ ^ \ . ; \^Xr^

56000 ——————————— . ——————— - — r- - ,-

50 75 100 125 150 175 2C

POSitiOn (ft!) Oofo Courtesy ^VAia-OSeEOPHYSIOUSLTEE

GSM-19 console with magnetic and VLF sensors

^ast Sampling Magnetometer l Gradiometer,,ie GSM-19 fast sampling option allows you to collect data at rates as high as 5 readings per second. Fast

mpling provides the high spatial resolution needed in uctailed marine, or vehicle-borne surveys, and in anomalous magnetic terrains.

. .iis fast sampling capability is also used in the Hip Chain magnetometer/gradiomf ter - developed primarily

r environmental and archaeological applications.

The Hip Chain system minimizes the need for pickets id reduces line preparation costs. Operators simply

^fix a cord at one end of the survey line, attach the Hip Chain to the waist, and walk along the line. Readings

s triggered automatically as the cord unwinds.

Remote Control Operation\rgeted to observatory, marine, and airborne base

station applications, this option allows users to set rameters and initiate measurements from a. computer

using standard RS-232 commands.

," real-time transmission capability is provided so that ita quality can be monitored while marine or vehicle-

borne surveys are in progress.

id to ensure that die GSM-19 is fully compatible with existing marine or airborne data acquisition systems, i""iM has included one and two-channel analog output i pabib'ties.

Shallow and Deep MarineGEM has developed two marine versions of the GSM-19 Overhauser magnetometer to meet the highly specialized requirements of petroleum explorationists. The maximum depth for the shallow unit is 100 metres, and deep marine units are routinely operated at depths exceeding 400 metres.

With a shallow marine unit, a sealed fish houses an Overhauser sensor. Signals are transferred via a tow cable to a console where they are counted into magnetic field data, and stored in memory, or transmitted via ASCII serial output.

An important advantage of the shallow marine unit i: its low power consumption. A standard 12 or 24 Volt batten.' is sufficient to run the magnetometer fo days at a rate of two readings per second.

The deep marine fish houses both an Overhauser sensor, and microprocessor-based electronics. Complete measurement is performed within the fish, and data are sent digitally through a tow cable that also supplies power.

The main benefits of the deep marine unit include high resolution (signals up to 0.01 gamma resolution can be acquired using a sensor of only 0.2 litre volume), virtually unlimited cable length, ease of operation, and reliability. Temperature and pressure sensors can also be provided

An instrument'seffectiveness is measured by its ability to ^ idle highly specialized user demands. With the GSM-19, these requirements can be met through a number of a J ;anced features.

Compatible With Different Magnetometersl w protect our customers' investments in purchased equipment, GEM has adopted an Open Systems z xoach. The lightweight Overhauser magnetometer can be used as a field unit in combination with another r".nufacturer*s base station.

Memory Expandable to 2 Megabytest. GSM-19 field magnetometer can store up to 8,000 readings with 128 kb memory, and 131,000 readings v rh 2 Mb. A base station will store, respectively, between 43,000 and 700,000 readings. A "Walking" r^.gnetometer will store 21,000 readings with 128 kb r rnory, and 340,000 with extended memory.

j itomaticThningTuning is automatic in all modes of operation with initialf iset^An override option is also provided for manualand remote modes. Tuning steps are 1,000 gammaswide.

Adaptability to High GradientsI uandard instruments, a gradient in the magnetic field across the sensor volume can shorten the decay time of t proton precession signal. However, the GSM-19 monitors the signal decay, and calculates the optimal time interval for measurement. Warning messages a 3ear on the display when the measuring interval becomes too short.

With Overhauser proton precession, an electron-rich fluid (containing free radicals) is added to a standard hydrogen-rich fluid. This mixture increases the polarization by a factor of 5000 in comparison with standard liquids. And in contrast to conventional proton precession methods. Overhauser proton precession uses a radiofrequency (RF) magnetic field and requires only a fraction of a Watt of RF power, rather than a high-power direct current field.

Overhauser magnetic systems therefore maximize resolution and minimize power consumption. Anothe advantage is that.polarization and measurement can occur simultaneously. GEM has used this capability t develop its "Walking" magnetometer 7 gradiometer and Fast Sampling options.

GEM Systems Inc.With more than a decade of research and developmer incorporated into the GSM-19 Overhauser and proto precession magnetometers, GEM Systems is comrnitt

- to providing its customers with state-of-the-art instrumentation.In addition to offering the GSM-19, GEM also desig and builds solar-powered proton magnetometers for land-based applications, and optically pumped potassium magnetometers for airborne and other applications.

TERRAPLUS INC.,52 West Beaver Creek Rood.

Unit U.Sicnmond Hill, Ontario Telephone: (905) 764-5503

UB 119 ICcnadcl Fax: (905) 764-8093

Alphanumeric Display and Keyboardl e GSM-19 has a comfortable 4 x 20 character a.jjhanumeric display and a 16 key keypad with tactile feedback. Operation is menu driven, and simple enough f' a beginner to operate with confidence. The keypad enables operators to enter fully worded comments with nn limit in the length of text.

PerformanceOverhauser

Resolution: Relative Sensitivity: Absolute Accuracy: Range: Gradient Tolerance:

0.01 nT0.02 nT0.2 nT'20,000 to 120,000 nTOver lO.OOOnT/m

Proton . o.o i nT0.2 nTInT20,000 to 120,000 nTOver 7,000 nT/m

Manual: Base Station: "Walking": Hip Chain:

Remote Control: Input/Output:

Operating ModesCoordinates, time, date and reading stored automatically at min. 3 second interval.Time, date and reading stored at 3 to 60 second interval (higher speeds available).Time, date and reading stored at coordinates of fiducial with l or 2 sec. cycle time.Equidistant coordinates, time, date and reading stored automatically. Distanceinterval of readings is programmable.Optional remote control using RS-232 interface.RS-232 or analog (optional) output using 6 pin weatherproof connector.

Power Consumption:

Power Source: Operating Temperature:

Operating ParametersOnly 2 Ws per reading for Overhauser, and 12 Ws per reading for Proton magnetometer. Will operate continuously for 45 hours on standby. 12V l .9 Ah sealed lead acid batten.' standard, other batteries available. -400C to -f600C.

Manual Operation:

Base Station:

Gradiometer:

Storage Capacity8,000 readings standard, 131,000 optional. With 3 VLF stations 3,100 standard, 58.00Coptional.43,000 readings standard, 700,000 optional (580 hour or 24 day uninterruptedoperation with 3 sec. interval).6,800 readings standard, 110,000 optional. With 3 VLF stations 2,900 standard,46,000 optional.

Omnidirectional VLFPerformance Parameters: Resolution Q.5% and range to +I- 2009& of total field. Frequency 15 to 30 kHz. Measured Parameters: Vertical in-phase & out-of-phase, 2 horizontal components, coordinates, date, and time. Features: Up to 3 stations measured automatically, in-field data review, displays station field

strength continuously, and tilt correction for up to 4-7- 100 tilts. Dimensions and Weight: 93 x 143 x 150 mm and weighs only 1.0 kg.

Dimensions:

Weight

Standard Package:

Dimensions and WeightsConsole 223 x 69 x 240 mm.Sensor 170 x 71 mm diameter cylinder.Console 2.1 kg.Sensor and staff assembly 2.0 kg.Console with batteries, harness, charger, and case.Sensor with cable, connector and staff.

Ministry ofNorthern Developmentand Mines

Date: 2001-MAY-22

Ministers du Developpement du Nord et des Mines Ontario

GEOSCIENCE ASSESSMENT OFFICE 933 RAMSEY LAKE ROAD, 6th FLOOR SUDBURY, ONTARIO P3E 685

METALORE RESOURCES LIMITED 717 NORFOLK STREET NORTH SIMCOE, ONTARIO M3Y 3R3 CANADA

Tel: (888) 415-9845 Fax:(877)670-1555

Dear Sir or Madam

Submission Number: 2.20965 Transaction Number(s): W0140.00081

Subject: Approval of Assessment Work

We have approved your Assessment Work Submission with the above noted Transaction Number(s). The attached Work Report Summary indicates the results of the approval.

At the discretion of the Ministry, the assessment work performed on the mining lands noted in this work report may be subject to inspection and/or investigation at any time.

If you have any question regarding this correspondence, please contact LUCILLE JEROME by email at lucille.jerome@ndm.gov.on.ca or by phone at (705) 670-5858.

Yours Sincerely,

Ron GashinskiSupervisor, Geoscience Assessment Office

Cc: Resident Geologist

George Lawrence Mealey (Agent)Metalore Resources Limited (Assessment Office)

Assessment File Library

Metalore Resources Limited (Claim Holder)

42E13SW2008 2.20965 MEADER 900

Visit our website at http://www.gov.on.ca/MNDM/LANDS/mlsmnpge.htm :1 Correspondence 10:15923

ONTMUO_ ,.__ _______________^_________________________MINISTRY OF NORTHERN DEVELOPMENT AND MINES

Work Report Summary

Transaction No: W0140.00081 Status: APPROVED

Recording Date: 2001-MAR-16 Work Done from: 1999-JUN-01

Approval Date: 2001-APR-30 to: 1999-NOV-25

Client(s):

169912 METALORE RESOURCES LIMITED

Survey Type(s):

IP LC MAG VLF

Work Report Details:Perform Applied Assign Reserve

Claim* Perform Approve Applied Approve Assign Approve Reserve Approve Due Date

TB 1233705 513,070 513,070 313,070 313,070 SO O SO SO 2003-MAR-22

S13,070 S13,070 S13,070 313,070 SO SO SO SO

External Credits: SO

Reserve:SO Reserve of Work Report*: W0140.00081

SO Total Remaining

Status of claim is based on information currently on record.

2001-May-23 13:16 Armstrong-d Page 1 of 1

MINING LAND TENURE

MAP

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Dale J Time of Issue Apr 27 2001

TOWNSHIP/AREA

MEADER

10:03h Eastern

PLAN

G-016BT 5*J1 IIUItH

ADMINISTRATIVE DISTRICTS l DIVISIONSMining Division Thunder Bay

Land Titles/Registry Division THUNDER BAY

Ministry of Natural Resources District NIPIGON

TOPOGRAPHIC

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LAND TENURE WITHDRAWALS

IMPORTANT NOTICES

LAND TENURE WITHDRAWAL DESCRIPTIONS

IMPORTANT NOTICESAr*nt uriJir wtiicti i lEdm nciiUl-.rii, lniilA

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42E13SW2008 2.20965MEADER

200

General Information and Limitations

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o o

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— 600N

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Chargeability

f\N C4 High > 25 mV/V

Low < 7200 ohm rn

High > 10 sec.

42E13SW2008 2.20965 MEADER 210Scale 1:3800

100 200 300

(f.rt)

OgCM

O

9CM

O

8CM

METALORE RESOURCES LTD.TYROL LAKE PROPERTY

TYROL LAKE WEST GRID MD\DERTWP;42E713

INTERPRETIVE GEOELECTRICAL COMPILATIONCHARGEBILJTY, RESISTIVITY tt TAUGradient Array, 1072 ft Depth

AB=6700ft > MN^OQ ft

Transmitter Frequency; 0.0625 Hz (503i duly cycle) Receiver Timing: 4s on/off Transmitter Dipole Size (AB): 6700 feet Transmitter Dipole Line: 26QOW Station Interval: 100 feet {MN^OO Rx dipole) Transmitter Current: 4-.O Amps Rx Delay Time: 40 me Chargeability Time Slice M11: 1180-1640ms Contour Interval: t.OmV/V Map Scale: 1 in ~ 33O feet

Interpretation: Processing by. Surveyed by:

Instrumentation:

A.VickersA.Vickers - Sept 99

DT, AV - Sept 99 Rx = SCINTERX IPR-12 Tx " SCRINTEX TSQ-4 (10 HK)

GREY OWL RESOURCESMAP NO. : I1499-PM-I1

o —

-200 —

1400

i600

4800 —

1000

LINE 24+OOE (M11) CHARGEABILITY (millivolts/volt)BOOS 600S 400S 200S 200N 400N 600N SOON 1000N

BOOS 600S 400S 200S 200N 400N 600N BOON 1000N

1200N

— O

-200

— -400

— -eoo

— -800

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100Scale 1:2400100 800 300 400 600

METALORE RESOURCES LTD.TYROL U\KE PROPERTY

TYROL U\KE WEST GRIDTIME DOMAIN GEOELECTRICAL SECTION

DEEPSECTION LINE 24+OOE(M11) CHARGEABILITY

^ -20965GRADIENT ARRAYS Se VES : MN=100 ft

AB=2300 to 6700 m

MW

Ifl

M

Map scale: P Timing: Contour Interval: Chargeability Time Slice W1

cm ^ 100 ft 4.0s on/off

1.O mV/V 1 180-1640ms

Date: Sept 1999 ntepreted Dy A Vickers Process'ng by. A. Vickers Executed by: A. Vickers

SCINTREX IPR-12 (8 channels 7 O 0625Hz) SCiNTREX *SQ-4 (lOkW) ^ MG-10(25 hp)

l P T E C Reg'dMAP NO. : I1499-DS-C9

to to o

O —

200 —

+400—

J600 —

800 —

000

LINE 24+OOE METAL FACTOR (millivolts/volt/ohm ft)8005 600S 400S 200S 200N 400N SOON SOON 1000N 1200N

-200

-400

— -600

— -800

—-1000

aoos eoos 400S 200S 200N 400N 600M SOON 1000N 1200N

100Scale 1:2400100 200 300 400 500

(t.*t)

METALORE RESOURCES LTD.TYROL LAKE PROPERTY

TYROL LAKE WEST GRIDTIME DOMAIN GEOELECTRICAL SECTION

DEEPSECTION LINE 24+OOEMETALFACTOR

20965GRADIENT ARRAYS A VES : MN=100 ft

AB^2300 to 6700 m

Map scale: IP Timing: Contour Interval:

Chargeability Time Window:

1 cm = 100 ft 4.0s on/off

1 .0 mV/V/ohm ft 80-1800ms

Dote: Sept 1999 Intepreted by A. Vickers Processing by: A. Vickers Executed by: A. Vickers

SCINTREX IPR-12 (8 chcnnels f O 0625Hz) SCINTREX TSQ-4 (lOkW) * MG-10(25 hp)

P T E C Reg'dMAP NO. : I1499-DS-F9 to

Uto

O —

200

t400 —

t'600 —

+800

•1000 —

LINE 24+OOE APPARENT RESISTIVITY (ohm-feet)800S 600S 400S ZOOS 200N 400N 600N BOON

BOOS 600S 400S ZOOS 200N 400N 600N SOON

1000N

CD OD

1000N

1200N

i-oGO

— -200

—-400

— -600

— -800

-1000

1200N

100Scale 1:2400100 800 300 400 GOO

(fert)

METALORE RESOURCES LTD.TYROL LAKE PROPERTY

TYROL U\KE WEST GRIDTIME DOMAIN GEOELECTRICAL SECTION

DEEPSECTION LINE 24+OOEAPPARENT RESISTIVITY

GRADIENT ARRAYS Se VES : MN^OO ft AB=2300 to 6700 m

2 .20965;P Tinning:Mop sc.Qie: " err. - 100 f:

4 Os on/0'*UT interval ?G icveis/'oq half-decoue 'v;v oh^-rn, K-'actor corrected

Oate:!nteo.r 'e'.ed oyProcessing byExecuteu by:

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600S

700S —

800S —

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\

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100Scale 1*400

idd 200 360 400 500

METALORE RESOURCES LTD.TYROL LAKE PROPERTY

TYROL LAKE WEST GRID MEADER1WPJ42E/13

TIME DOMAIN GEOELECTRICAL SURVEYIP Cole-Cole TAU CONTOURS

Gradient Array, 1072ft Depth AB~6700ft, MN* 100ft

Transmitter Frequency: 0.0625 Hz (5QS5 duty cycle) Transmitter Dipole Size: 6700 feet

Tx Dipole Lines: L2600W Station Interval: 100 feet (MN^IOQ Rx Dipole) Transmitter Current: 5,5 Amps Delay Time: 40 ms IP Timing: 4s on/off Cole-Cole weighing-factor: time-slice 1&2 omitted Mop Scale: 1 in ^ 200 feet

Tau Contour Interval: 10 levels/log-decade

20965Interpretation: Processing by: Surveyed by:

Instrumentation:

A. VickersA.Vickers - Oct 99

DT, AV - Oct 99 Rx ^ SCINTERX IPR-12 Tx = SCRINTEX TSQ-4 (10 kW)

P T E C Reg'dMAP NO. : M499-PM-T1

vo91 UI

n W

toUI O

CHARGEABILITY (Mil); CALCULATED DEPTH 1072ftO O00CM

1000N-

800N —

600N —

400N —

200N-

800S —23.8

00CM

O O -•d- CM

O O O CM

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-SOON

— 600N

— 400N

— 200N

-O

— 200S

— 400S

— 600S

-800S

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\

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Scale 1:2400100 300 300 400 500

(f**)

METALORE RESOURCES LTD.TYROL [WE PROPERTY

TYROL LAKE WEST GRIDMEADER1WP;42E713

TIME DOMAIN GEOELECTRICAL SURVEYCHARGEABILITY (M11) CONTOURS

Gradient Array, 1072 ft DepthAB-6700ft, MhMOO ft

Tronsmttter Frequency: 0.0625 Hz Receiver Timing: Transmitter Dipole Size (AB): Transmitter Dipole Line: Station Interval: 100 feet Transmitter Current: Rx Delay Time:Chargeability Time Slice M11: Contour Interval: Map Scale;

(50SE duty cycle)4s on/off6700 feet

2600W:* 100 Rx dipole)

4 .0 Amps40 ms

1180-1640ms1.O mV/V

1 in r: 200 feet

20965 MO

interpretation: Processing by: Surveyed by:

Instrumentation:

A, VickersA.Vickers - Sept 99

OT, AV - Sept 99 Rx ~ SCiNTERX IPR-12

Tx ~ SCRINTEX TSQ-4 (10 kW)

14 SO

l P T E C Reg'dMAP NO, : I1499-PM-C1 M

ffi O

APPARENT RESISTIVITY; CALCULATED DEPTH 1072ftoo00CN

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BOON —

600N—

400N —

200N-

O —12741

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17229

18656

5757

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— 600N

- 400N

— 200N

— 200S

400S

— 600S

— 800S

100Scale 1:2400

100 200 300 400 900

METALORE RESOURCES LTD.TYROL UKE PROPERTY

TYROL LAKE WEST GRID MEADERTWP-.42E/13

TIME DOMAIN GEOELECTRICAL SURVEYAPPARENT RESISTIVITY CONTOURS

Gradient Array, 1072ft DepthAB^6700ft, MN-100ft

Transmitter Frequency: 0.0625 Receiver Timing: Transmitter Dipole Size (AB): Transmitter Dipole Line:Station Interval: Transmitter Current:

Vp Integration Time: Apparent Resistivity: Contour interval: Map Scale:

Hz (50?! duty cycle) 4s on/off 6700 feet

2600W100 feet (MN^IOO Rx dipole)

4 O Amps10/T8055 current on time

K -factor corrected20 levels/log decade

1 in ^ 200 feet

o 6'Interpretation: Processing by: Surveyed by:

Instrumentation:

A. VickersA.VicKers - Sept 99

DT, AV - Sept 99 Rx = SCINTERX IPR-12

Tx = SCRINTEX TSQ-4 (10 kW)

t P T E C Reg'dMAP NO, : I1499-PM-R1

S

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0-8.

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0.1

400N —0.2

0,4 0.2\ ,. . -

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0.2.

0.4^

O- 7 -

0.3.

0.2

0.2.

0.2.

0.3

1.0^. 0.8

0-1.9 1.3

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200S —1.7 2.0

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1.2 0,9.

800S-1 .1 [ 2,0

0.4

— - — ,, _ ^

SirS \— 1 OOON ^

— BOON

— 600N

~ 400N Scale 1:2400100 0 100 200 300 400 SOO

(M)

— 200N

— 01.2

-

2.9^

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-

-200S

-400S

— 600S

— 800S

1 1gilO 0 Ooo "d- oCM CM CS

METALORE RESOURCES LTD.lYRa LAKE PROPERIY

TYROL LAKE WEST GRIDMEADER TWP; 42 E/13"

TIME DOMAIN GEOELECTRICAL SURVEYAPPA^PjjT RESISTIVITY CONTOURS ^ *Gra3ient Array, 1072ft Depth

A8~6700ft. MN- 100ftTransmitter Frequency: 0.0625 Hz (503! duty cycle)Receiver Timing: 4s on /of fTransmitter Dipole Size (AB): 6700 feetTransmitter Dipole Line: 2600W Station Interval: 25 meters (MN^25 Rx dipole)Transmitter Current: 5.5 AmpsRx Delay Time: 40 ms * ^Chargeability Time Window: 20ms - 900ms P gContour Interval: 1 .0 (mV7v)7(ohm m) i SMop Scale: 1 in ~ 200 feet g s

W ^™

M ^^

2-20965 lis ———^

g ^™Interpretation: A. Vickers | sProcessing by: A. Vickers - Sept 99 g ^ESurvey by: DT , AV - Sept 99 ^

Instrumentotion: Rx - SCINTERX IPR-12 ISTx - SCRINTEX TSQ-4 (10 kW) S

l P T E C Reg'd ^MAP NO. : M499-PM-F1 M

6500W 6250W 6000W 5750W 5500W 5250W 5000W 4750W 4500W 42 SOW 4000W 3750W 3500W 3250W 3000W 2750W 2500W 2250W 2000W 1750W 1500W

z;oinr--CM

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6500W 6250W 6000W 5750W 5500W 5250W 5000W 4750W 4500W 4250W 4000W 3750W 3500W 3250W 3000W 2750W 2500W 2250W 2000W 1750W 1500W

42E13SW200S 2.20965 HEADER 290

1250W

4-

4-

4-

4-

4-

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4-

4-

4-

4-

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en oeo

o o o to

N)en o to N

en o o to100

Scale 1:2400100 200 300 400

^(feet)

500 600

--4en o to

METALORE RESOURCES LIMITEDTYROL LAKE WEST GRID

VLF-EM SURVEY (SEATTLE WA.) CONTOURED FRASER FILTERED IN-PHASE DAJfc

NTS: 42 E/13CONTOUR INTERVAL: 2, 10, 50

INSTRUMENT: GSM19O en

GREY OWL RESOURCES

6500W 6250W 5750W 5500W 5250W 5000W 475DW 4500W 4250W 4000W 3750W 3500W 3250W 3000W 2750W 2500W 2250W 2000W 1750W 1500W 1250W

BL 0 + 00 o-

\11.6 -- -|23

11.6 -- ^29.3

\11.8 - -122.6

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j-14.7-6.8A- -2.7

-9.9 -5.9 tt- -1.3

6500W 6250W 6000W 5750W 5500W 5250W 5000W 4750W 4500W 4250W 4000W 3750W 3500W 3250W* 3000W 2500W 2250W 2000W 1750W 1500W 1250W

42E13SW2008 2.20965 MEADER 300

Baseline 0+00In Phase

Quadrature

Profile Scale: 1 cm ^

AVLF Conductor Axis

-N

100Scale 1:2400

100 200 300 400mm

(feet)

500 600

METALORE RESOURCES LiMITETYROL LAKE WEST GR!D

VLF-EM SURVEY (SEATTLE WA.)FREQUENCY: 24.8 kHz.

fc

NTS: 42 E/13 INSTRUMENT: GSM19

PROFILE SCALE: 1 cm -

CO

GREY OWL RESOURCES

6500W

BL 0+00 o-

eooew 5750W 5500W 5250W 5000W 47 SOW 4500W 4250W 4000W 3750W 3500W 3250W 3000W 2750W 2500W 2250W 2000W 1750W 1500W 1250W

4&.1 17.s49.2 /T5.5 44.8 /17.9 37.3 1 43.6 \ 17.

6500W 6250W 6000W 5750W 5500W 5250W 5000W 2000W 1750W 1 500W 1250W

42E13SW2008 2.20965 HEADER 310

-fo Baseline 0+00In Phase

Quadrature

Profile Scale: 1 cm - 20%

AVLF Conductor Axis

N

100Scale 1:2400

100 200 300 400^m

(feet)"

500 600

METALORE RESOURCES LIMITEDTYROL LAKE WEST GRID

VLF-EM SURVEY (CUTLER ME.)FREQUENCY: 24.0 kHz.

NTS: 42 E/13INSTRUMENT: GSM19

PROFILE SCALE: 1 cm = 20?S

GREY OWL RESOURCES ET

6500W 6250W 6000W 5750W 5500W 5250W 5000W 4750W 4500W 4250W 4000W 3750W 3500W 3250W 3000W 2750W 2500W 2250W 2000W 1750W 1500W 1250W

oinCM

-z.o oinrsi

O inCM CM

OooCM

Oin

o o in

oinCM

O Oo

z o in r-

o o in

o inCM

Om CM

c/) o o in

(/j oin r--

o o o

o in CM

to oo m

ino inr--

4- 4- + 4- + 4- H-

+ + + + +

-f + +

+ +

+

-BL 0 + 00 + +

+ +

+ + +

+ +

+ 4- 4- 4- 4-

4- 4- 4- 4- 4- 4- 4- 4- 4- 4-

4- 4- 4- 4- 4- 4- 4- 4- 4- 4- 4- 4-

4- 4- 4- 4- 4- 4- 4- 4-OJeno o

OJ N) O O 4-

oo o° + O

O 4- 4- 4- 4-

6500W 6250W 60QQW 5750W 5500W 5250W 5000W 4750W 4500W 4250W 4000W 3750W 3500W 3250W 3000W 2750W 2500W 2250W 2000W 1750W 1500W 1250W

42E13SW2008 2.20965 MEADER 320

en o

ro en o o

K)en o

to o o o

en o

en o o

en oz

o o o

en o

en o o

N)en O

oBaseline 0+00

en o

en o o AVLF Conductor Axis

en o 01

o o ot/)

(vj Ulo -N

CJlo oLO

100

Scale 1:2400100 200 300 400 500 600

en o CO

METALORE RESOURCES LIMITEDTYROL LAKE WEST GRID

VLF-EM SURVEY (CUTLER ME.) CONTOURED FRASER FILTERED IN-PHASE

NTS: 42 E/13CONTOUR INTERVAL: 2, 10, 50

INSTRUMENT: GSM19

GREY OWL RESOURCES

42E13SW2008 2.20965

6500W 6250W 600SW 5750W 5500W 5250W 5000W 4750W 4500W 4250W 4000W 3750W 3500W 3250W 3000W 2750W 2500W 2250W 2000W 1750W 1500W 1250WMEADER 330

BL 0+00 o- 4-o Baseline 0+00

AVLF Conductor Axis

N-

100Scale 1:2400

100 200 300 400^f^^mm

(f-'t)

500 600

65QOW 6250W 6000W 5750W 5500W 5250W 5000W 4750W 4500W 4250W 4000W 3750W 3500W 3250W* 3000W f7 SOW 2500W 2250W 2000W 1750W 1500W 1250W

oMETALORE RESOURCES LIMITED

TYROL LAKE WEST GRIDTOTAL FIELD MAGNETOMETER SURVEY

CONTOURED DATACONTOUR INTERVAL: 50, 100, 500 nT

NTS: 42 E/13 INSTRUMENT: GSM19

GREY OWL RESOURCES

6500W 6250W

BL 0+00 o

6500W 6250W

600GW 5750W 5500W 5250W 5000W 4750W 4500W 4250W 4000W -\ 3750W 3500W 3250W 3000WT

2750W 2500W 2250W 2000W 1750WT

1500W 42E13SW2008 2.20965 MEADER 340

+Q Base ine 0+00

6000W 5750W 5500W 5250W 5000W 4750W 4500W 4250W 4000W 3750W 3500W I250W

VLF Conductor Axis

100Scale 1:2400

100 200 300 400H

"(feet)

500 600

METALORE RESOURCES LIMITTYROL LAKE WEST GRID

TOTAL HELD MAGNETOMETER SURVEYPOSTED AND PROFILED DATA

DATUM: 58500 nTNTS: 42 E/13

INSTRUMENT: GSM19Profile Base Level: 58500 nT

GREY OWL RESOURCES