STRATHY 2 . 18406

31M04SW2005 2 .18406 STRATHY 010

2 . 18406

CURION VENTURES NET LAKE PROJECT HLEM Arena Anomaly

RECEIVEDAPR 2 O 1998

IGEOSCIENCE ASSESSMENT 3______QFFIQF ___

March 25, 1998.

CURION VENTURES - NET LAKE PROJECT

NET LAKE ARENA ANOMALY

Introduction:

As follow up to a partially covered HLEM anomaly (March 1997 survey) on the northwest boundary of the Net Lake Property a 4.0 km grid was established and the anomaly was fully covered reading 3 frequencies 440, 1760 and 14,080 Hz.

The purpose of the survey was to delineate the anomaly for drilling purposes since there is also a very interesting circular magnetic high centered over 600 N at 2100 W.

Status of Adjoining Claims:

Due to the proximity of the anomaly (on boundary) the status of the adjoining property becomes important (TV purposes). D. Laronde researched the claims one afternoon in North Bay at Land Registry and at the Ministry of Natural Resources. 2 of the parcel numbers were researched for owners and transactions.

The claims are patented claims and over water, licenses of occupation. This land tenure was turned over to the province of Ontario from the original owner in 1968 (Lanfear Norrie) from New York. The land is now under provincial jurisdiction (Ontario Real Estate Corp.) and for some reason did not come open to staking when all the other old patents came open over the past 3 years. These parcels of land (mining claims) .had "fell through the cracks" somehow and were overlooked. MNDM says it would take at least until June l, 1999 for this land to be opened up for staking. We could initiate and possibly speed up the red tape process by having the municipality of Temagami request that these lands be opened up for staking.

Results of HLEM Survey:

The survey detected 2 anomalies that trend more or less NW consistent with the local faulting trend . The anomalies are weak responses that are visible on all channels read; 440, 1760 and 14,080 Hz. The 2 anomalies A and B are off-set which could be the result of north trending faulting. Also, there may be some influence on the results caused by the lake bottom topography and conductive sediments.

Conclusions and Recommendations:

The results of the HLEM conclude that there is no massive conductive mineralization near surface, rather the nature of mineralization associated with this kind of signature could be stringer mineralization which is weakly conductive, hence the weak responses. Should this be the case then a line of induced polarization would do a more conclusive job in detecting a somewhat disseminated target such as stringer mineralization.

The anomaly remains intriguing by virtue of the coincident circular magnetic high which has 2000+ gamma high intensity. This shape and intensity is indicative of kimberlite. On a bigger scale (1965 Regional Airborne Magnetic survey) this high is at the "nose" of a duck's head shaped response (see Fig 1). The significance of this is that the Norrie Cu-Ni occurrence is on the edge of this feature as is the magnetic high and Conductors A and B.

Further work:

Drilling of the magnetic high and the conductors is warranted in search for 1. Cu-Ni mineralization and 2. Kimberlite. The drilling should follow one line of I.P. on L 2100 W. Both the base metal and kimberlite target can be tested with one hole.

Note: Di-pole electrodes for the I.P. should rest on the lake bottom.

Could notify you when an I.P. crew is in Temagami to save mobilization charges.

Regards,

Dave Laronde

NORRIE OCCURRENCE

CIRCULAR HIGH

\ TSg^r/^BMicf '^^^- \ "--3^ ' LakMrtssSZuPJk

NORTH GRID

S 122-3394'

H9QtoO j

NET LAKE PROPERTY

CLAIM MAP 1:20000WEST GRID51212074

SOUTH GRID

Ontario Ministry olNorthern Developmentand Mines

Declaration of Assessment Work Performed on Mining Land

m 66(2) and 66(3), R.S.0.1990

Transaction Number (office use)

Assessment Files Research Imaging

31H04SW2005 2.18406 STRATHY 900

ibsection 65(2) and 66(3) of the Mining Act. Under section 8 of the Mining Act. iesment work and correspond with the mining land holder. Questions about this them Development and Mines, 3rd Floor, 933 Ramsey Lake Road .Sudbury,

Cot ,Instructions: - For work performed on Crown Lands before recording a claim, use form 0240.

- Please type or print in ink. ^ . r\ s*2 . l 84 O 61. Recorded holder(s) (Attach a list if necessary)Name Client Number

Telephone N .67^-5-5-00Fa* Number ,

(-7*5}Client Number

Address TelephoneNumber

e r ca^/v-v^rv 3T5Fax

2. Type of work performed: Check ( S) and report on only ONE of the following groups for this declaration.

Geotechnical: prospecting, surveys, assays and work under section 18 (regs)

Physical: drilling stripping, trenching and associated assays

Rehabilitation

Wo* Type -f- Office Use

Commodity

Total S Value ofWork Claimed | (j 34

DatwWork From

PerformedQ3-

l MonthTo

| Vur Oiy03Month | Y

9^ f NTS Reference

Global Positioning System Data (if available)

M or G-Plan Number

Mining Division

Resident Geolog District

ÔVlNClAL/ÛKUyW

ffi. C E l v t uPR 2 O 1998

Please remember to: - obtain a work permit from the Ministry of Natural Resources as required;- provide proper notice to surface rights holders before starting work;- complete and attach a Statement of Costs, form 0212;- provide a map showing contiguous mining lands that are linked for assignin- include two copies of your technical report.

"

3. Person or companies who prepared the technical report (Attach a list if necessary)

ITV-C . (o t)*.r*} i .1PoHaHo

Telephone Numberos**Fax

k j Tb/v e UP N/TBleprToneumber

Fax

Name Telephone Number

Address Fax Number

4. Certification by Recorded Holder or Agent, do hereby certify that l have personal knowledge of the facts set forth in

it Work having caused the work to be performed or witnessed the same during or after its knowledge, the annexed report is true.

this Declaration of Asse completion and, to

3ULV /l /1 8 APR 2 O 1998

GEOSCIENCE ASSESSMENT

5. Work to be recorded and distributed. Work can only be assigned to claims that are contiguous (adjoining) to the mining land where-work was performed, at the time work was performed. A map showing the contiguous must accompany this form.

UJ1*40- OODULS r *VMining Claim Number. Or if work was done on other eligible mining land, show in this column the location number indicated on the claim map.

eg

eg

eg

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

TB 7827

1234567

1234568

/aO.339%

f 2 2V* fi?

,

aLcAt-tm^

Number of Claim Unlta. For other mining land, list hectares.

16 ha

12

2

3If

n^^f'Column Totals

i

Value of work performed on this claim or other mining land.

S26, 825

0

S 8, 892

*y*m— ̂ ^ 2oo

#r7A6 Vf

Value of work applied to this claim.

/W * -*-

N/A

S24,000

^ S 4,000

V-JYo-

^

47^yf

Value of work assigned to other mining claims.

840 eS24,000

0

^ 0r jr0 6n

/-

20D

Bank. Value of work to be distributed at a future date.

S2.825

0

g, S4.892

^ JOT0-

g?̂ ^c*

, do hereby certify that the above work credits are eligible under(Print Full Name)

subsection 7 (1) of the Assessment Work Regulation 6/96 for assignment to contiguous claims or for application to

id in Writing

Cr? /A D

6. Instructions for cutting back credits that are not approved.

Some of the credits claimed in this declaration may be cut back. Please check ( ^ ) in the boxes below to show how

you wish to prioritize the deletion of credits:

D 1. Credits are to be cut back from the Bank first, followed by option 2 or 3 or 4 as indicated.

D 2. Credits are to be cut back starting with the claims listed last, working backwards; or

J3 3. Credits are to be cut back equally over all claims listed in this declaration; or

Q 4. Credits are to be cut back as prioritized on the attached appendix or as follows (describe):

Note: If you have not indicated how your credits are to be deleted, credits will be cut back from the Bank first, followed by option number 2 if necessary.

For Office Use OnlyReceived Stamp

RECEIVEQAPR 2 O 1893

GEOSCIENCE ASSESSMENT!

Deemed Approved Date

Date Approved

Date Notification Sent

Total Value of Credit Approved

Approved for Recording by M ining Recorder (Signature)

1 '-t'*'

Ontario Ministry ofNorthern Developmentand Mines

Statement of Costs for Assessment Credit

Transaction Ni^m,oer (office Use)

Personal Information collected on this form Is obtained under the authority of subsection 6(1) of the Assessment Work Regulatld section 8 of the Mining Act, the Information Is a public record. This Information will be used to review the assessment work and correspond with the mining land holder. Questions about this collection should be directed to the Chief Mining Recorder, Ministry of Northern Development and Mines, 6th Floor, 933 Ramsey Lake Road, Sudbury, Ontario. P3E 6B5. - -

Work Type

Jbi i -, ——— M . ; s d -r-

îj*r\Ji'i*/!' ' r . st'* V(j . irO L w. ( 1 oyop-^ 7

7

Units of WorkDepending on the type of work, list the number of hours/days worked, metres of drilling, kilo metres of grid line, number of samples, etc.

T-^* t l^fy^ LO ^ - Ok

^~

Associated Costs (e.g. supplier-mobilization and demobilization).

^

^^

Transportation Costsx^

/^Food and Lodging Costs

^

Cost Per Unit of work

t—'tf^Q, S(^\U3r^5

?.r^ÂJ?y

RECEIVEAPrt t c .--J

GEOSCIENCE ASSESS OFFICF

/{^-vc^l

Total Value of Assessment Work

Total Cost

'j ^ ^' ' * ——

3~l(^q J

bv

vIENT

I.^H.^/^•^,0c

Calculations of Filing Discounts:

1. Work filed within two years of performance is claimed at lOO'M) of the above Total Value of Assessment Work.2. If work Is filed after two years and up to five years after performance, it can only be claimed at SO^b of the Total

VaJue of Assessment Work. If this situation applies to your claims, use the calculation below:

TOTAL VALUE OF ASSESSMENT WORK 0.50 Total S value of worked claimed.

Note:- Work older than 5 years is not eligible for credit.- A recorded holder may be required to verify expenditures claimed in this statement of costs within 45 days of a request for verification and/or correction/clarification. If verification and/or correction/clarification is not made, the Minister may reject all or part of the assessment work submitted.

Certification verifying costs:n r J^-4- r^ -

l Lo/ A o UrN ( \ OS O /"* l , do hereby certify, that the amounts shown are as accurate as may(pleass print full name)

reasonably be determined and the costs were incurred

the accompanying Declaration of Work form as

to make this certification.

whMe conducting assessme

Ke co r Ae A nont work on the lands indicated on

(recorded holder, agent, or state company position with signing authority)l am authorized

Ministry of Ministers duNorthern Development Developpement du Nordand Mines et des Mines Ontario

Geoscience Assessment Office 933 Ramsey Lake Road

June 30, 1998 6th FloorSudbury, Ontario

GINO PAUL CHITARONI P3E 6B5P.O. BOX 271PORTAGE BAY ROAD Telephone: (888)415-9846COBALT, Ontario Fax: (705) 670-5881POJ-1CO

Visit our website at: www.gov.on.ca/MNDM/MINES/LANDS/mlsmnpge.htm

Dear Sir or Madam: S ubmission Number: 2 .18406

Status Subject: Transaction Number(s): W9870.00063 Deemed Approval

We have reviewed your Assessment Work submission with the above noted Transaction Number(s). The attached summary page(s) indicate the results of the review. WE RECOMMEND YOU READ THIS SUMMARY FOR THE DETAILS PERTAINING TO YOUR ASSESSMENT WORK.

If the status for a transaction is a 45 Day Notice, the summary will outline the reasons for the notice, and any steps you can take to remedy deficiencies. The 90-day deemed approval provision, subsection 6(7) of the Assessment Work Regulation, will no longer be in effect for assessment work which has received a 45 Day Notice. Allowable changes to your credit distribution can be made by contacting the Geoscience Assessment Office within this 45 Day period, otherwise assessment credit will be cut back and distributed as outlined in Section #6 of the Declaration of Assessment work form.

Please note any revisions must be submitted in DUPLICATE to the Geoscience Assessment Office, by the response date on the summary.

If you have any questions regarding this correspondence, please contact Steve Beneteau by e-mail at [email protected] or by telephone at (705) 670-5855.

Yours sincerely,

ORIGINAL SIGNED BYBlair KiteSupervisor, Geoscience Assessment OfficeMining Lands Section

Correspondence ID: 12503

Copy for: Assessment Library

Work Report Assessment Results

Submission Number: 2 .18406

Date Correspondence Sent: June 30, 1998 AssessonSteve Beneteau

Transaction Number

W9870.00063

Section:

14 Geophysical EM

First Claim Number

1223388

Township(s) / Area(s)

STRATHY

Status

Deemed Approval

Approval Date

June 23, 1998

Correspondence to:Resident Geologist Sudbury, ON

Assessment Files Library Sudbury, ON

Recorded Holder(s) and/or Agent(s):GINO PAUL CHITARONI COBALT, Ontario

Page: 1Correspondence ID: 1 2503

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31H04SW2005 2.18406 STRATHY 210

Curlon Venture Corp. Arena Anomaly

Strathy Township, OntarioGround Geophysical Surveys

HLEM Survey - 440 Hz.

ProfllM of th* In-Phat* and Quadra-fur*

Data processing and Interpretation by:

Meegw/ch Consultants Inc.Sea/9 1:2500 NTS 31 U/4

March 1998

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HLEM Survey - 1760 Hz.

Profiles of th* In-Phaie and Quadrature

Data practising and Interpretation by:

Meegwich Consultants Inc.

Seal* 1:2500 NTS 31 U/4

March 1998

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Data processing and Interpretation by:

Meegw/ch Consultants Inc.Scale 1:2500 NTS 31 U/4

March 1998

Documents

STRATHY 2 . 18406