53C13SE8142 2 .2594 SETTING NET LAKE 010

l oGEOPHYSICAL REPORT /*

ON A

MAGNETOMETER SURVEY

OF THE

VANTREAL RESOURCES MOLYBDENUM PROSPECT

SETTING NET LAKE AREARED LAKE MINING DIVISION

ONTARIO

NTS:53-C-13

BY

GEOPHYSICAL ENGINEERING LIMITEDSUITE 4900, TORONTO-DOMINION CENTRE

TORONTO, ONTARIO

NOVEMBER 24, 1977 J, A, KELLY,P, ENG,

PROPERTY

(a) No. of Claims

(b) Record Numbers

(c) Status

- 40

- KRL 450882-887 incl., KRL 500052-056 incl.,

KRL 483434-443 incl., KRL 391332-341 incl.,

KRL 503909-912 incl., KRL 503731-734 incl.

- all claims are believed to be in good

standing to at least August, 1978.

2. LOCATION

(a) N .T.S. - 53-C-12

(b) Lat. 52 0 45'30" N, Long. 52 0 35'30" W

(c) Geographic Ref. - north side of Setting Net Lake, 142 miles

N 04 0 E of Red Lake.

(d) Mining Division - Red Lake

(e) Claim Sheet Ref. - N. 2199 - Setting Net Lake.

3. ACCESS

(a) Summer

(b) Winter.

- via float-equipped aircraft from Red Lake,

- via aircraft or via winter tractor road

70 miles from the end of the all-weather

road between Red Lake and Berens River.

4. OWNERSHIP

The claims are held under option by Vantreal Resources Ltd.,

1175 West 15th Street, North Vancouver, B.C.

- 2 -

HISTORY OF EXPLORATION '

Following discovery of molybdenum mineralization in

1968, Minorex Limited and Conwest Exploration Company Limited

explored the mineralized zone by geological and magnetometer

surveys, sampling of test pits, and diamond drilling. Minorex

(Asbestos Corp.) drilled three short packsack holes and Conwest

carried out 3,550 feet of NQ drilling in 7 holes.

The area has been mapped at a scale of l inch = 1/4 mile

by the O.D.M.

6. GEOLOGY

The property is underlain by the Setting Net Lake Stock,

a porphyritic granodiorite and quartz monzonite intrusive

3 miles long northwestward and up to 1.5 miles wide at its

northern end. The stock intrudes a tightly folded and foliated

sequence of Archean metavolcanics and metasediments trending

northwesterly.

7. MAGNETOMETER SURVEY - 1977

(a) Purpose - to delimit the contacts of the granodiorite

stock, trace and/or outline cross-cutting

dykes or large inclusions of country rock

and to determine whether or not a molybdenite-

bearing fracture zone within the stock

exhibits an anomalous magnetic pattern which

might guide exploration.

(b) Instrument - a McPhar MF-1 fluxgate magnetometer. This

instrument measures the earth's vertical

magnetic field and is sensitive within a

range of -20 gammas.

(c) Survey Grid - north-south lines spaced at 400 foot intervals

were cut, chained and picketed at 100 foot

intervals in the central and western portions

of the claim area. The eastern portion of the

claim area which covers the northeastern

margin of the Setting Net Lake Stock was

covered by east-west lines cut at 400 foot

intervals. These lines were also chained

and picketed at 100 foot intervals.

(d) Proce-lure - readings were taken at 50 foot stations on all

base lines, cross lines and tie lines. A total

of 3,434 stations were read. These readings

were then corrected for diurnal variations

using a correction curve constructed from

hourly readings taken at a series of fixed

base stations established for this purpose.

(e) Data Presentation - corrected readings were plotted on

a line drawn at a scale of l inch - 2 00 feet

and contoured at an interval of 100 gammas.

The contoured survey plan is attached to this

report.

- 4 -

) Results and Interpretation

The granitic rocks of the Setting Net Lake Stock

exhibit a flat, generally featureless magnetic pattern with

a magnetic relief of 300 gammas. Magnetic highs of 1,000 to

30,000 gammas surround the stock, probably reflecting the

contact effects of the stock on the surrounding metavolcanics,

metasediments, and iron formation.

O.D.M. preliminary Map No. 539 (Ayres, 1970) shows

the east boundary of the stock as a fault contact striking about

N20 0W. This feature appears to be delimited by the linear

magnetic features striking northwest through claims KRL 483439,

483436, 483435, and KRL 500052. The magnetic low in the

northeast portion of KRL 500052 may be underlain by a granite

apophysis but this is uncertain due to the lack of any outcrop

evidence in the general area.

Another northwest-trending fault, shown on the

geological map (Ayres, op.cit.) to be cutting and displacing

the stock in the north-central claim area, is not readily

apparent on the magnetic map. Its location might be approximated

by drawing a line joining the magnetic highs in northeast

KRL 450884, north-central KRL 450885, southwest KRL 500053,

and eastern KRL 500054.

The target area, the widespread zone of molybdenite-

bearing fractures, exhibits no magnetic features which could

be used to guide further exploration.

- 5 -

8. CONCLUSIONS

(i ) The magnetometer survey has defined the area

underlain by favorable granitic host rocks.

(ii) The molybdenum-bearing fracture zone, currently

being explored, exhibits no discernable magnetic

features which might serve to guide exploration

drilling.

Respectfully submitted,

GEOPHYSICAL ENGINEERING LIMITED

J A, Kelly, P. Eng., Senior Geologist

JAK/hmt

GEOPHYSICAL - GEOLOGIC TECHNICAL DATA

53CI3SE8142 2 .2594 SETTING NET LAKE 900

TO BE ATTACHED AS AN APPENDIX TO TECHNICAL REPORTFACTS SHOWN HERE NEED NOT BE REPEATED IN REPORT

TECHNICAL REPORT MUST CONTAIN INTERPRETATION. CONCLUSIONS ETC.

*

ia

li

Township nr AT- Area of Settincf Net Lake

claim hnirW(s) K. Bernier, G. Desmeules, Marcel CoolM. Leahey, J. R. Lill

Author nf Report J. A. Kelly

Address P.O. Box 49, Toronto-Dominion Ponfr'*, T^**Covering Dates "f Survy

(linccutting to office)

Total Miles nf I.inp rut

SPECIAL PROVISIONS DAYS CREDITS REQUESTED ^^ ,,^,1 per daim

F.WtrAmapnptirENTER 40 days (includes line cutting) for first Magnetometer iS

survey Radjnmpirjr

ENTER 20 days for each -Other

additional survey using fi lnmralsame grid.

fjpnrhprmraj,

AIRBORNE CREDITS (Special provision credits do not apply to airborne surveys)

Magnetometer F.lprtrnmafrnetir Rarlinmptrir(enter days per claim) s

DATE- Jan. 16, 1978;if;NATT!RF,' /f^^H''latffhot of Repalrt or Agent

PROJECTS SECTION ' G

Res. Geol. Onalifirations CX.o(.3

Previnus Surveys

ChprkeH hy flare

GEOT,OnirAT,HRANrH

Approved hy Hate

r.ROT nr.ir A T K R A MP H

Approved hy d a tp

MINING CLAIMS TRAVERSED List numerically

r

(prefix) " (number)

" KRL 391333 t/

^ KRL 391334 t.

*~ KRL 391335 ^

*. VOT O 0 1 OOC tS ^^ J\ZvLi JpXJjy

" "' " I\Zuj J y i fl iJ Q

KRL 483^34 l/

- KR^ 4834.35*-

- KRL. 4834.36^

- KR^ 493437 ^

SRL. 483438 *

- W* 4B34.3.9 ^

1 ^C ij

KRL 483.4.412 ' V

"" KRL 4,5A882...^..................

' KJRL 450883^

~ KJRL A50884 ^

' KRL 450885 t/

KRL 450886 r

*" KRL 450887 /3

* KRL 500052 *

KRL 500053 y

. TOTAI.n.ATMS 3 1 ,-*SEE ATTAJ5.I46I-. fiHtRT

Show instrument technical data in each space for type of survey submitted or indicate "not applicable"

GEOPHYSICAL TECHNICAL DATA

GROUND SURVEYS

Number of Stations ____ 3,434 ____________________ Number of ReadingsStation interval _______ 50 f t.Line spacing ________ 400 ft.Profile scale or Contour intervals 100 gamma ____________ .———^^—^—

(specify for each type of survey)

MAGNETIC Instrument McPhar MF-1 Fluxgate Magnetometer ——^—^^—--——

Accuracy - Scale mutant W o* M 20 gammas

Diurnal correction, method^correction curve constructed from re-reading a series of base stationsLine 12+OQE at 19+nns ——————————————^—— ,

ELECTROMAGNETIC

Instrument ———-^^^Coil configuration. Coil separation ——.Accuracy—^—^-—Method: O F ixed transmitter O Shoot back d In line D Parallel lineFrequency^^——^^—^^—.——-^^^——..—.—^^-^^——^^—.———.^^^^—-^—-——.—-.1———.--—^——

(specify V.L.F. station)

Parameters measured________________________________________________________. GRAVITY

Instrument.Scale constant.Corrections made.

Base station value and location.

Elevation accuracy-—^^^^———————^^ INDUCED POLARIZATION - RESISTIVITY

Instrument^—-^—^————————^^——Time domain___________________________ Frequency domain.Frequency_____________________________ Range^—^-.^——Power™——^-^^^^—————————^^—-——^——————.^^^-^^-—-—Electrode array-—. Electrode spacing- Type of electrode ,

MINING CLAIMS TRAVERSED

^ KRL 500054

-KRL 500055^

-KRL 500056^

- KRL 500060

- KRL 503731/2-

- KRL 503732 t/

~ KRL 503733*^

503734 /3

~ KRL 503910 1/

KRL 50391^

CJ

l

oQ.

o CO

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-Qoo .o

North Trout Lake Area-M.288393945' 93? 30'

;-. '. . .••.•^•??L ,^153^8 43339 ^f K- R-I-

tiV r5!" ̂ "32 J M/^-g

^••••:\^iJ' : 'y.^-y^''^-^22-^:.". softd'.'.'X.'ft

3?0// 45329 X /*344/ 52193

**XfJn j rouuuoz 148349'*7*^7liTinoTirfc^~'lT7-~~ — .T?T —

^3*i50Dp60L \ — l "^T30^n u m uiii T . " "

503909 j5039K

—341 ,391340 [591339

\ l 484177 1484176 '506741 l 50674# l

0 ' \ \ \ V '506743" 484174\| 48417 5484164I l *r*"- ' -J.—,** l l1 ^ •"06744 ' ' k

IKRL~ i K'HL "l~KRr ~l rk K^ i t i \

V 506747 l |484I73 4S4I72 n o uofttf |506748 \

~"~KRL \T~ KRL \, KRL l KRL l KRL i KRL

484166 \,488I67 1484168 484169 .484170 '464171

Setting

36762 36761 36760 C .

520 45*

—52052'30'

52

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— 52045'43' 42' 41' 40' 39' 38' 37' 36 35' 34' 33' 32 31'

93 030*

Setting Net Creek Area - M. 306953C13SE8142 2.2594 SETTING NET LAKE

Bob K.200 527933

AREA OF

SETTING NET LAKEDISTRICT OF KENORA

PATRICIA PORTION

RED LAKE MINING DIVISION

SCALE: l-INCH ri 4O CHAINS

LEGEND

PATENTED LANDCROWN LAND SALELEASES

LOCATED LANDLICENSE OF OCCUPATIONMINING RIGHTS ONLY

SURFACE RIGHTS ONLYROADS

IMPROVED ROADS

KING'S HIGHWAYS

RAILWAYS

POWER LINES

MARSH OR MUSKEG

MINES

CANCELLED

C.S.

c.

NOTES

400* Surface Rights Reservation along

the shores of all lakes and rivers.

DATE OF ISSUE

JAN 241978

SURVEYS AND MAPPING

NATIONAL TOPOGRAPHIC SERIES 53 C 13

PLAN NO. M.2I99

ONTARIO

MINISTRY OF NATURAL RESOURCESSURVEYS AND MAPPING BRANCH

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