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42M12SE0013 W9540.52 VEEKAY LAKE 010 HEMLO GOLD MINES INC. REPORT ON 1994 DIAMOND DRILLING RESERVE CREEK PROPERTY NTS42M/12 WEST PRECAMBRIAN DISTRICT PROJECT NO.: 576 THUNDER BAY, ONTARIO FEBRUARY 20, 1995 AL SMITH PROJECT GEOLOGIST

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42M12SE0013 W9540.52 VEEKAY LAKE 010

HEMLO GOLD MINES INC.

REPORT ON 1994 DIAMOND DRILLING

RESERVE CREEK PROPERTY

NTS42M/12

WEST PRECAMBRIAN DISTRICT

PROJECT NO.: 576 THUNDER BAY, ONTARIO FEBRUARY 20, 1995

AL SMITH PROJECT GEOLOGIST

42M12SE0013 W9540.52 VEEKAY LAKE

TABLE OF CONTENTS

01OC

SUMMARY.......................................................

1.0 INTRODUCTION.............................................

2.0 LOCATION AND ACCESS ..............................

3.0 PROPERTY DESCRIPTION............................

4.0 PREVIOUS EXPLORATION............................

5.0 REGIONAL GEOLOGY ...................................

6.0 PROPERTY GEOLOGY..................................

7.0 DIAMOND DRILLING ...............................,.....

8.0 CONCLUSIONS AND RECOMMENDATIONS.

9.0 REFERENCES .............................................

3

4

4

4

5

6

6

7

9

9

LIST OF ATTACHMENTS

Figure 1 Figure 2 Figure 3 Figure 4 Figure 5 Figure 6 Figure 7

Property Location Map Claim Location Map Drill Hole Location Map Surface Plan and Longitudinal Drill Section 9025 E Drill Section 9120 E Drill Section 10500 E

Appendix l Appendix II Appendix III Appendix IV

LIST OF APPENDICES

Diamond Drill Logs Sample Descriptions Analytical Results List of Personnel

SUMMARY

The Reserve Creek property was staked by Noranda Exploration Company, Limited (now Noranda Mining and Exploration Inc.) in March, 1993 to cover a Au-bearing magnetite-sulphide showing hosted in mafic tuff. Previous shallow drill testing delineated two Au zones (A + B) which together host preliminary reserves of 360,000 tonnes grading 1.5 g/t Au to 85m depth. The zone has not been tested below 90m depth.

In August and September of 1993, a 24.5km control grid was cut by a local contractor. Preliminary mapping and magnetometer surveying were initiated in October, 1993, but were severely hampered due to an early snow fall. (See Preliminary Report - M.W. Leahey, 1993).

In January to February of 1994 magnetometer surveying was completed over the entire grid and IP surveying was completed over most of the central to western parts of the grid. The magnetometer surveying outlined a strong linear magnetic anomaly extending across the entire property and along which the A and B Au zones are located. IP surveying across the A zone outlined a strong high chargeability - low resistivity response and only one other anomaly of similar character was found on the grid (however it was previously drill tested). A number of weak chargeability anomalies with coincident Mag highs were detected some of which warrant further investigation.

A program of geological mapping was conducted in June 1994. Mapping and sampling served to document the host rock stratigraphy but was not useful in outlining additional mineralization or alteration due to the heavy overburden cover.

A 3-hole (522m) drill program was also completed in June 1994 to test the A zone at depth and an IP anomaly along strike to the east -northeast. Hole RC-94-1, drilled to test the Au-bearing horizon 50m below P82-4 (4.66 gW20.73m) intersected 19.5m of mineralized host. A 5.3m section of this returned 2.34 g/t Au including 4.75 g/t Au/2.0171. Hole RC-94-2, testing for an east plunge to the A Zone, intersected 25.8m of host magnetite tuff with 1-27o disseminated sulphides. Au values up to 2.19 g/t were returned. Hole RC-94-3 tested a coincident IP chargeability - magnetic high anomaly situated 1.4 km east of and along strike with the A-Zone. The hole intersected 22.9m of magnetite tuff with very patchy disseminated sulphides. No significant assays were returned.

Further work is recommended for both the known mineralized zones and for the extension of the linear magnetic anomaly onto the northern claim block. Additional drill testing of Zone A should be completed west of hole RC-94-1 (below 100m depth or 9900m elevation) where no previous drilling has been completed.

A program of magnetometer and IP surveying is recommended for the northern claim block on the linear magnetic anomaly extension to trace the prospective magnetite tuff horizon. A grid extending east from the current baseline should be cut and used for control.

1.0 INTRODUCTION

Noranda Exploration Company, Limited staked the Reserve Creek property in early 1993 for Hemlo Gold Mines Inc. The property forms one contiguous block adjoining the east boundary of the Fort Hope Indian Reservations # 64 between Mileage 3.5 and 5.5. Exploration work in 1993 comprised cutting a 24.5 km grid in August to September and preliminary mapping and prospecting in October.

The 1994 exploration program commenced in January and February with magnetometer and IP surveying. This was followed by geological mapping and diamond drilling in June 1994. The exploration target was Au hosted in sheared, altered mafic volcanic stratigraphy.

1994.This report documents the diamond drilling program which was completed between June 18-29,

2.0 LOCATION AND ACCESS

The property is located approximately 380 km north-northeast of Thunder Bay and is equal distant (approximately 170 km) from Pickle Lake, Armstrong, and Nakina (Figure 1). Access to the property may be gained by boat (or skidoo) from Fort Hope by travelling southeast on Eabamet Lake to Reserve Creek and following this creek northeast through Reserve Lake for a total distance of 14 km. Fort Hope is serviced by daily flights from Nakina and Thunder Bay.

Alternatively float or ski-equipped aircraft chartered from Nakina or Armstrong can land on Reserve Lake or on 2 small lakes along Reserve Creek to the west of the property.

3.0 PROPERTY DESCRIPTION

The Reserve Creek Property is recorded in the name of Hemlo Gold Miines Inc. The claim group consists of 11 unpatented claims comprising 126 units located on the Veekay Lake Mapsheet (Fig.2) l the Thunder Bay Mining District. A complete list of the claim data follows:

CLAIM NUMBERS

TB 1196461TB 1196462TB 1196463TB 1196464TB 1196465TB 1196466TB 11 96467TB 11 96532TB 1196533TB 1196534TB 1 1 96535

UNITS

1512

7161692

12g

1216

REGISTERED OWNER

Hemlo Gold Mines Inc.Hemlo Gold Mines Inc.Hemlo Gold Mines Inc.Hemlo Gold Mines Inc.Hemlo Gold Mines Inc.Hemlo Gold Mines Inc.Hemlo Gold Mines Inc.Hemlo Gold Mines Inc.Hemlo Gold Mines Inc.Hemlo Gold Mines Inc.Hemlo Gold Mines Inc.

DUE DATE

02/26/9502/26/9502/26/9502/26/9502/26/9502/26/9502/26/9503/10/9503/10/9503/10/9503/10/95

RESERVE CREEK PROPERTY

PROPERTY LOCATION MAP

GIF

FO

RD

L

AK

E

G-2

55

FO

RT

H

OP

E

IND

IAN

RE

SE

RV

E l

ilO 6

4

CLA

IM

LOC

ATI

ON

M

AP J

4.0 PREVIOUS EXPLORATION

Previous exploration work on the Reserve Creek property has been reported as early as the fall of 1940 when the original showing now known as the A zone was discovered. The following chronological list summarizes all the significant recorded exploration work completed on this property.

1940: J.D. Williamson, prospector, discovered gold in Zone A, the Williamson Zone, for Dome Mines Limited.

1941: Dome Mines Limited performed prospecting on Zones A, B and C. Hugh Muir discovered Zone D, the Muir Zone.

1942: Dome Mines Limited drilled nine holes on the D tungsten Zone and on hole on the A Zone. E. Bachman, prospector, discovered the Bachman Zone.

1943: Twenty holes were drilled on the Bachman Zone by Dome Mines.

1945: Dome Mines Limited drilled 24 holes on Zones A, B and C.

1961: Lun Echo Gold Mines Limited drilled 12 holes on the A and C Zones.

1970: P.C. Thurston and M.W. Carter summarized exploration work performed on the Indian Reserve southwest from the present Goldpost claims to and beyond Reserve Creek.

1981: Pricemore Resources Inc. acquired the claims covering the known prospects and staked 97 additional claims to the east. Prospecting and geophysical surveys were carried out that year.

1982: Pricemore Resources Inc. Drilled 26 holes with nineteen holes drilled on the Williamson Zone and its eastern extension, with five holes on the Muir Zone and with two holes drilled to test magnetic anomalies north of the Muir Zone.

1983: Geddes Resources limited had MPH Consulting Limited carry out induced polarization surveying on the thirteen claims covering the southwest portion of the property including all known prospects. MPH also carried out a geochemical survey testing the humus for gold and tungsten.

1985: Claims staked at the eastern end were allowed to lapse. Geddes Resources Limited assigned its interest to Goldpost Resources Inc. in June.

1986: Seventy-six claims staked to the east in February-March. All claims held by Goldpost Resources.

1988: H.E. Neal and ASSOC. Supervised a 4454 drill program for Goldpost Resources Inc. A total of 15 holes were completed, 11 holes tested Zones A and B while 4 holes probed geophysical anomalies.

1992: 34 claims allowed to lapse.

5.0 REGIONAL GEOLOGY

The Reserve Creek property is located in the Miminiska-Fort Hope Greenstone Belt which comprises the eastern end of the Uchi subprovince. The greenstone belt is approximately 9 km wide in the area of the property and comprises an easterly trending metavolcanic-metasedimentary sequence. The majority of volcanic rocks are submarine mafic to intermediate flows and tuffs which strike from 065C to OSO0 and dip steeply NW (-60 to -850). Felsic flows and pyroclastic rocks as well as sedimentary units are very limited in this portion of the belt. Regional metamorphism ranges from upper greenschist to lower amphibolite.

The stratigraphy youngs to the north as indicated by pillow top orientations. No evidence of major folds or faults occur in the Fort Hope portion of the Miminiska-Fort Hope belt. Shear zones are generally parallel to sub-parallel to the regional stratigraphy. A linear granitic intrusion measuring 19 km x 0.8 km cores the greenstone belt with small diorite and diabase intrusions occurring locally. The Reserve Creek gold showings are situated on the north side of the granitic intrusion.

6.0 PROPERTY GEOLOGY

Outcrop exposure within the grid area is generally poor ^ 307o exposure), with much of the outcrop being restricted to small ridges. The property is underlain by predominantly mafic volcanics which strike between 609 - 80s and dip between 71 s - 81 s northwest. Younging directions as indicated from pillowed flows are to the northwest. Mafic volcanic units include pillowed to massive flows, mafic to intermediate tuff, and minor pillow breccia and lapilli tuff.

Texturally.the rocks are generally massive to foliated and fine to medium grained, with minor schistose intervals. Alteration is weak to moderate and consists of amphibole, chlorite, and biotite development. Local shearing and quartz and carbonate veining co-incides with the Au mineralized areas.

A small interval of felsic volcanics was found in the extreme southwest corner of the grid. Rock types include crystal tuff and quartz-feldspar porphyry. The latter is weakly foliated and highly siliceous, with 2-507o quartz eyes. Sericitic alteration occurs along fracture surfaces.

A narrow (15-25m) diabase dike intrudes the western part of the property and strikes in a northwesterly direction. The diabase is fine to medium grained and massive. A granite plug intrudes into the volcanic stratigraphy in the south central part of the grid. The unit is massive, coarse-grained, and lacks alteration or sulphide mineralization.

Mineralization

A magnetite-rich mafic tuff horizon with limited surface exposure hosts the Au mineralization (A and B Zones) of the Reserve Creek Showing. Au mineralization is associated with a pyrrhotite and pyrite-bearing portion of the magnetite tuff horizon, which is cross-cut by steeply north-dipping shearing and quartz and carbonate stringers. The A and B Zones have been traced for approximately 300m in strike length by previous drilling (see Fig.4), and have been tested to depths of only 90m.

The A Zone has been exposed on surface in a number of shallow trenches. Extensive rusty staining and shearing obscure the exposure, however, iron carbonate, silicification, and quartz veining are evident and appear to be the alteration associated with Au mineralization. Pyrrhotite, pyrite and magnetite are present in stringers and as disseminated grains.

5.0 DIAMOND DRILLING

A 3-hole 522m drill program was completed by Northwest Geophysics Ltd. of Thunder Bay in June 1994. Drilling was completed with a JKS-300 drill utilizing a wireline system which extracted BDBGM-size drill core. The drill equipment was mobilized from Thunder Bay to Nakina by truck, and then to Fort Hope by fixed wing aircraft owned by Nakina Outpost Camps. Mobilization from Fort Hope to the Reserve Creek property and drill moves between holes were completed with a Bell 206B helicopter contracted from Midwest Helicopters of Winnipeg, Manitoba.

Drill hole co-ordinates were obtained using the control metric grid which was cut in September of 1993 by VYTYL Exploration Services Ltd. of Thunder Bay (Fig. 3). This grid contains a baseline 10,DOON which extends from 8840E to 15675E. Picket lines were turned off the baseline at 200m spacings using even intervals from 9000E to 10000E and odd number intervals between 10100E to 12500E. Drill sections (Figs. 5-7) have been plotted with reference to this grid system, with the surface elevation given a designation of 10,000.

Drill core was logged, split, and stored at the temporary drill camp constructed on the property. Core samples were transported by boat and helicopter to Fort Hope, and then flown south to Thunder Bay via. Bearskin Airlines. Accurassay Laboratories of Thunder Bay analyzed a total of 73 samples for Au using standard fire assay - AA techniques. Assay results are reported in Appendix III, and sample description sheets are given in Appendix II..

TABLE 1 - DRILL HOLE SUMMARY

HOLE NO.

RC-94-1

RC-94-2

RC-94-3

EASTING

9025E

9120E

10500E

NORTHING

10099N

10101 .4N

1001 ON

AZIMUTH/ DIP

158s 1 -64e

158V-669

1589 7-609

SIGNIFICANT RESULTS

2.36 g/t Au 1 5.3m including 4.75 g/t Au / 2.0m

0.51 6 g/t Au /7.3m including 2.19 g/t Au 1 1.0m

No significant assays

The overall goal of the 3-hole program was to test the depth and strike extent of gold mineralization hosted in by magnetite-pyrrhotite-bearing mafic tuff. Drill holes RC-94-1 and 2 tested the A zone mineralization between 40 to 60m below previous drill intercepts, while hole RC-94-3 tested the eastern strike extent of a laterally continuous magnetic high coincident with the magnetite tuff unit. A description of drill targets and results for each hole are given below.

DDH RC-94-1

Hole RC-94-1 was deigned to test the A Zone mineralization at the 9870m elevation (130m below surface), approximately 60m below a previous high grade Au intercept (4.56 g/t Au 1 20.73m in hole P82-4). The A Zone comprises a steeply north dipping pyrrhotite and pyrite bearing magnetite tuff horizon with previous drill intersections up to 5.97 g/t Au 1 14.9m.

Hole RC-94-1 intersected the target horizon at the 9890m elevation, with disseminated to stringer pyrrhotite and pyrite encountered over a 13.2m interval. The host magnetite tuff unit was cored for a 19.5m thickness, and generally contained S-4% quartz and calcite veinlets. Moderate chloritic alteration and strong silicification characterized the host magnetite tuff. Assay results of 2.36 g/t Au /

5.3m (including 4.75 g/t Au 1 2.0m) were returned from the mineralized horizon. Hanging wall lithologies included foliated mafic volcanic and tuff. Footwall to the mineralization, foliated mafic volcanics, intermediate tuff, and mafic intrusives (hornblende diorite) were intersected.

DDH RC-94-2

Hole RC-94-2 was collared to test for a potential east plunge to the A Zone mineralization, with the planned intersection depth being 9860m elevation. The hole intersected the target horizon at the 9840m elevation, where approximately 25.8m of host magnetite tuff was encountered. Sulphide mineralization was much weaker than the previous hole, comprising 2-307o pyrrhotite and pyrite as disseminated grains and 0.5 cm wispy aggregates. Alteration and quartz-carbonate veining were also much less abundant.

Anomalous Au values were returned for most of the magnetite tuff horizon, with the most significant value located near the base of the unit at 197.6m depth. Here, a 1 .Om carbonatized and weakly silicified interval with 5-707o pyrrhotite and pyrite returned 2.19g7t Au within a broader zone with 0.516 g/t Au 1 7.3m.

A second interval of anomalous Au mineralization was detected in the hanging wall mafic volcanic stratigraphy, approximately 93.4 m above the magnetite tuff horizon. A banded tuff horizon with extensive quartz and calcite veining returned values up to 1.36 g/t Au 1 0.5m, with Au occuring both in pyrite and pyrrhotite-bearing quartz veins and in chloritized and carbonatized wall rock. Carbonatized mafic volcanics with only traces of sulphides occur footwall to the magnetite tuff horizon.

DDH RC-94-3

Hole RC-94-3 tested an IP/chargeability anomaly co-incident with a linear magnetic high anomaly approximately 1.4 km east of the A zone. The hole was designed to intersect the anomaly at approximately the 9925m elevation.The drill hole intersected the magnetite tuff horizon at the 9922m elevation. The sulphide content was very low (1 -207o combined pyrite and pyrrhotite) compared with the first two holes, and only traces of alteration and rare quartz-carbonate veins were present. No significant Au mineralization was returned from this hole.

The footwall and hanging wall stratigraphy encountered in this hole was similar to that intersected in the first two holes, with the exception that a medium-grained gabbroic unit representing either a sill or a coarser flow was observed in the hanging wall in RC-94-3.

LITHOGEOCHEMISTRY

A total of 19 samples were selected from the drill core and sent to Chemex Labs of Thunder Bay for classical whole rock analyses. The purpose of this was to document the lithogeochemical signature of the host magnetite tuff and to determine if it can be used as a targeting tool for Au mineralization elsewhere on the property. Lithosample (whole rock) descriptions and analytical results are given in Appendicies II and III, respectively.

Lithogeochemical enrichments and depletions in the magnetite tuff unit relative to the enclosing stratigraphy are apparent. Samples of magnetite tuff (RC-94-1 -114.1, RC-94-2-201.8, and RC-94-3- 97.0, Appendix III) display elevated TiO2 and Fe2O3 as a result of the elevated magnetite (Ti-bearing) content. Trace element enrichments (relative to the enclosing mafic stratigraphy ) include Ba and Zr, with elevated Zn resulting from the higher sulphide content. Elemental depletions within the magnetite tuff are less obvious, and include MgO, CaO and AI2O3 . These depletions do not appear to be as significant in sample RC94-2-201.8.

6.0 CONCLUSIONS AND RECOMMENDATIONS

The 3-hole drill program successfully tested all targets at close to the proposed intersection depths.

Hole RC-94-1 establishing the downdip continuity of the A Zone mineralization below the 9920m elevation, but it appears that the grade and thickness of the zone are substantially lower than those encountered approximately 40m above.

Hole RC-94-2 intersected the host magnetite tuff horizon 95m east of RC-94-1, but sulphide mineralization and alteration were very limited, and the low grade and narrow interval of Au encountered rule out the possibility of an east plunge to the zone.

Hole RC-94-3 cut weak disseminated sulphide mineralization within the host magnetite tuff horizon approximately 1.4 km east of the A zone, explaining the weak IP chargeability anomaly. The hole confirmed the continuity of the host unit along the linear magnetic anomaly extending east-northeast from the A Zone.

Furthur work is recommended to test the A Zone and to screen the prospective linear magnetic anomaly along it's east-northeast strike extent for additional targets. The A Zone should be drill tested west of RC-94-1 (at approximately 8975E) to determine if the Au mineralization has a west plunge. This could also help determine if there is any connection at depth between the A and B Zones. Deeper drilling of the B Zone (below 9930m elevation) could also be completed.

Grid cutting along with detailed magnetometer surveying (50 to 100m line spacing) and IP surveying should be completed along the east-northeast strike extent of the linear magnetic anomaly to furthur investigate this prospective horizon for Au-bearing zones. Detailed magnetic data is essential for geological correlation due to the lack of outcrop. IP surveying can be used to search for the characteristic high chargeability - low resistivity signature which accompanies Au mineralization in the A zone.

9.0 REFERENCES

Homer, C.1989: Report on the 1988 Diamond Drill Program on the Reserve Creek Property of Goldpost Resources Inc., Reserve Creek, Fort Hope, Ontario. MNDM Assessment Files - Thunder Bay, Ont.

Irbe, J.G.1961: Geological Report On Reserve Creek Property, Ft. Hope Area, Ontario. MNDM Assessment Files - Thunder Bay, Ont.

Jones, D. and Siriaus, J.M.1983: Report on Induced Polarization Survey, Reserve Creek Project, Fort Hope, Ontario. MNDM Assessment Files - Thunder Bay, Ont.

Kidd, R.1981: Report on Geophysical Surveys, Pricemore Resources Inc., Reserve Creek, Fort Hope, Ontario. MNDM Assessment Files - Thunder Bay, Ont.

Leahey, M.1993: Preliminary Report on the Geophysics and Geology of the Reserve Creek Property. Internal Noranda Report.

Respectfully submitted,

HEMLO GOLD MINES INC.

Thunder Bay, Ontario February 20, 1995

Al Smith Project Geologist

10

APPENDIX l

DIAMOND DRILL LOGS

NORANJDA EXPLORATION CO.

LTD

PROPERTY: RESERVE CREEK

HOLE No.: RC-94-1

Collar Eastings:

9025.00

Collar Northings:

10099.00

Collar Elevation:

10000.00

Grid: NOREX

DRILL TYPE JKS 300

DIAMOND DRILL LOG

Collar Inclination: -64.00

Grid Bearing: 180.00

Final Depth:

165.00 metres

HOLE DRILLED BY NORTHWEST GEOPHYSICS

CORE STORED AT CAMP

STARTED-JUNE 21.1994

COMPLETED-JUBE J

Logged by :

AS AL SMITH

Date: 06/06/94

Down-hole Survey: ACID

CORE SIZE BDBGM

DRILLED ON-TB 1196463

FROM

0.0

10.7

TO

10.7

17.4

17.4

40.3

LITHOLOGICAL DESCRIPTION

(Casing)

(Chl

orit

e-Am

phib

ole

Schi

st/m

od c

hl an

d calc/^% py,

po)

- da

rk g

rey/

gree

n, fi

ne to

med

ium grained; ba

nded

ap

pear

ance

wi

th alternating chl-amph ri

ch band and

cal

c-ri

ch ba

nds,

4-

5**;

fo

liat

ion

para

llel

calc stringers/veinlets fr

om 2

-5 r

am wid

e.- we

ak to

mod

chl

an

d calc al

tera

tion

throughout.

- <l%

py,

po a

s di

ss.

grains in

chl

-amp

h sc

hist

in

terv

als.

- weak magnetism,

<l%

fine grained, diss m

agne

tite

.10

.7

14.6

chl-amph sc

hist

wit

h 30-40% pr

isma

tic

amph

ibol

elo

call

y 1-2*6 di

ss p

y, po;

foliation/banding

9 20

degrees

toc.a.

11.8 -

3 cm qtz

-cal

c-ep

id veinlet

at 20

degrees

to c

.a.

14.3

14.5

epid

and

calc

veined in

terv

al wi

th S-5% p

o, py

.14.6

17.4

massive ma

fic

volc

anic

wit

h minor

banded/

foliated in

terv

als,

1-

2& calc ve

inle

ts.

(Fol

iate

d Ma

fic Vo

lcan

ic/n

od c

alc,

wk chl

/tr

py,

po)

- light

grey

-gre

en,

fine

grained,

well foliated to

locally

band

ed.

- similar

to unit ab

ove

howe

ver,

lower am

phib

ole co

nten

t an

d finer

banding/foliation; wi

th I

D-15% calc v

einlets

and

stringers

para

llel

to f

olia

tion

.-

foli

atio

n defined

by wisps calc

and

chlo

rite

-ric

h stringers.

- lo

cal we

ak mag

neti

sm due

to

dis

s. po

.- mod

matr

ix c

alcite a

lter

atio

n wk to

stro

ng c

hlorite.

17.4

17.5

gradational

cont

act marked b

y bleached b

ands

, ca

lc st

ring

ers,

at 2

0 de

gree

s to

c.a

.17

.5

19.7

5*3; 2-

4 mn black amp

hibo

le grains with

????

subparallel

orie

ntat

ion of lo

ng a

xis.

18.6

18.8

chl,

to

urm-

bear

ing qtz

vein @

40 de

gree

s to

c.a.

20.9

21.8

sheared, mo

d broken vug

gy in

terv

al;

shea

ring

at

25 de

gree

s to

c.a

.; st

rong

chl

and ca

lc alteration.

23.1

23.3

25-30% ca

lc-e

pid

vein

ing

at 25

de

gree

s to c

.a.

23.7

- qtz-calc veinlet at

40

degrees

to c.a.

25.0

25.8

brok

en,

vugg

co

re;

chl-

calc

sc

hist

.27.35

28.1

wk

ly bleached vuggy

interval,

patchy l-2

so po,

py-

27.7

-

foli

atio

n at 35

de

gree

s to

c.a.

FROM

11.30

14.30

TO

12.3

014

.50

ASSAYS

WIDTH

AU OPT

AU G/T

1.00

0.20

TRACE

TRACE

TRACE

TRACE

18.60

27.30

37.50

39.90

18.90

28.10

37.9

040

.30

0.30

0.80

0.40

0.40

TRACE

TRACE

TRACE

TRACE

TRACE

TRACE

TRACE

0.014

IDLP:

EX

PL

OR

AT

IO

N

CO

. L

TD

.

DIA

MO

ND

D

RIL

L

LO

GP

RO

PE

RT

Y:

RE

SE

RV

E

CR

EE

K

HO

LE

N

o.:

R

C-9

4-1

Pa

ge

FRO

MT

O

40

.35

1.0

51.0

99.0

29.1

53

0.5

33

.3sc

his

t.3

4.8

LIT

HO

LO

GIC

AL

D

ESC

RIP

TIO

N

29.6

br

oken

/vug

gy c

ore

.31.2

35

*^ c

alc

an

d ep

id v

ein

ing

.34

.4

e-10

%

2-4

mn

bla

ck a

mph

ibol

e la

ths,

ch

l-am

ph

-

35.3

S-

5% b

lack

am

phib

ole

lath

s.

FROM

TO

ASSAYS

WIDTH

AU OPT

AU G/T

36.0

- foliation/banding

@ 25 de

gree

s to c.

a.37.5

37.0

ma

fic

lapi

lli

tuff interval wi

th S-

6% 1.

0-1.

5cm

maf

ic fragments; X-

2% diss

py,

po.

39.2 -

fine b

anding a

t 42 deg

rees

to

c.a.

, magnetite

fracture

coatings.

39.9

40.3

20!*

; ca

lc-q

tz st

ring

ers

with

1-2!*; p

o, py

.

(Foliated

Inte

rmed

iate

Tuf

f/st

r ca

lc,

mod chl/^% p

y, po

)-

light grey-green v

ery

fine

ly b

ande

d/fo

liat

ed w

ith me

dium

grained

amphibole

rich in

terv

als.

- contains nu

mero

us 1-

3 mn b

roke

n fe

ld crystals in a

highly

carb

onat

ized

and

mod

erat

ely ch

lori

tic ma

trix

.- wispy

banding/foliation defined

by al

tern

atin

g bands of

green

chlo

riti

c ma

teri

al and

grey

-whi

te cal

cite

-ric

h ma

teri

al.

- contains <l

% 1-

3 mm blu

e qu

artz

ey

es,

locally

up to S-5%.

- gr

adat

iona

l contact with un

it a

bove

.

50.6

051.00

0.40

0.001

0.040

40 41.2

43.3

44.0

46.9

47.0

49.1

549

.25

49.9

foli

atio

n at

40

de

gree

s to

c.a.

42.6

S-

5% b

lack amphi

bole

laths

from 1

-3 m

m.43

.4

silicified in

terv

al w

ith qtz-calc-po

stri

nger

s.44

.2

lQ-15% qtz-calc

veining a

t 40

degrees

to c

.a.

foli

atio

n at

40

de

gree

s to

c.a.

47.6

S-5%

2-3 mn chl

orit

e-am

phib

ole

fragments.

49.2

5 2 cm qtz-calc

stringer w

ith py a

ggregates.

50.0

3% acc

icul

ar 3-

5 mm amphibole cry

stal

s.51.0

well banded with

30%

fine grained amp

hibo

le in

bands

at 45

de

gree

s to c.

a.

50.6

51

.0

20!*; qtz-calc ve

inin

g with X-

2% p

y, po.

(Foliated Mafic

Volcanic/mod c

alc,

chlAl.%

py,

po)

- same a

s interval 17.4-40.3.

- li

ght

grey

-gre

en fi

ne grained, well foliated to ba

nded

.-

2-Vi. foliation

parallel calc st

ring

ers

from

2-5

mm

wide

.- weak lo

cal

magnetism.

- gradational

contact wi

th tuff marked

by cal

c-qt

z ve

ined

inte

rval

.51.3 - fo

liat

ion/

band

ing

@ 42-4

5 degrees

to c

.a.

52.3 -

l cm

calc

veinlet

at 40 degrees

to c.a

.; 2-

3% po

, py

.53.0

53.05

qtz-

calc

epid v

ein

@ 40 d

egre

es to c

.a.

53.9

54.4

bleached,

wkly

silicified,

carbonatized

inte

rval

.

59.60

67.10

92.70

60.20

68.3

093.70

0.60

1.20

1.00

TRAC

E TRACE

TRACE

TRACE

TRACE

TRACE

l f li

.R

N.-.

NO

RA

ND

7\

ID X

Pr.O

RA

T I

ON

C

O.

JL

,TD

-

DT

AM

ON

D

DR

ILL

L

OG

P

RO

PE

RT

Y:

RE

SE

RV

E

CR

EE

K

HO

LE

N

o.:

R

C-9

4-1

P

ag

e

ASS

AY

S FR

OM

TO

L

ITH

OL

OG

ICA

L

DE

SCR

IPT

ION

FR

OM

T

O

WID

TH

AU

O

PT

AU

G

/T

55.7

-

ban

din

g/c

alc

vei

nin

g a

t 46

deg

rees

to

c.a

.55.8

57

.4

ble

ached

, w

kly

alt

ere

d.

57.4

57

.7

5*5;

2-4

mn

airp

hib

ole

gra

ins,

m

inor

py,

po

.59.6

59

.8

3(^

qtz

-calc

v

ein

lets

in

am

phib

ole

rich

inte

rval.

59.8

60.1

quartz ve

in a

t 45 d

egrees to

c.a

., S-4% c

oarse

pyrrhotite.

62.8

63.1

blea

ched

, ch

lori

tize

d interval.

62.55

62.7

qtz

vein at

40 d

egrees to

c.a.

62.7

63.5

30

% 0.5

to 2.

0m qtz veins

at 25 d

egrees to c

.a.

str

chlo

rite

.67

.1

68.3

whit

e qtz

vein

at

50 degrees

to c

.a.,

minor

poan

d cpy.

62.0

62.4

ca

lc-q

tz v

ein

at 45 degrees

to c

.a.

73.7

74.2

strong c

hl alteration.

75.0 - wispy

calc stringers define f

olia

tion

at

40 de

gree

s to

c.a.

75.0

77.9

light

green

stro

ng cal

c and

chl

alte

rati

on.

82.1

- brecciated cal

c-qt

z vein

let

at 20 d

egrees to c.a.

81.6

86.6

massive

interval wi

th irregular ca

lc-q

tzst

ring

ers.

86.6

89.5

stro

ng ch

l-ca

lc alteration, fo

liat

ion

25de

gree

s to

c.a.

87.9 -

2 on

qtz vein with

chal

copy

rite

and

po.

92.7

95.4

blea

ched

, br

ecci

ated

interval wi

th 20*;

irregular

calc st

ring

ers,

mino

r po

, py

.

99.0

108.35

(Foliated

Intermediate Tuf

f/mo

d chl, bio/tr p

y, po

) 100.40

101.40

1.00

TRACE

TRACE

- li

ght

grey

, gr

een,

fi

ne grained, well foliated.

- sp

otte

d ap

pear

ance

due

to

1-2

irm bl

ack amphibole gr

ains

and

bi

otit

e ag

greg

ates

comprising

B-10

% of ro

ck.

- st

rong

matrix

chl

and ca

lc a

lteration.

- 4-5% cal

c and

calc qtz s

trin

gers

.99.8 - fo

liat

ion

at 45-55

degr

ees

to c

.a.

100.4

100.

45

brecciated qtz

-cal

c tourm

vein.

102.

0 10

4.6

massive

interval.

104.

6 10

4.95

mafic

amph

ibol

e rich b

and

at 50 d

egrees to c.a

.10

5.1

108.

35

well fo

liat

ed s

potted interval wi

th S-10%

l-3n

tnar

rphi

bole

gra

ins.

108.

35

113.

2 (Foliated Ma

fic

Volc

anic

/nod

chl,

wk cal

c/tr

py,

po

)-

same a

s interval 51.0-99.0.

109.

6 - wispy biotite bands, 0.

5 cm,

at 25

degrees to c.

a.

110.

8 112.4

well

foliated with wispy bi

ot and

anphibole

aggregates, 4-

506

biot

ite.

H('H

,r

N. i

: Rr

-14

F'.

X P

LO

R A

T I

ON

DIA

MO

ND

D

RIL

L

LO

G

O O .

PROPERTY: RESERVE CREEK

HOLE No.: RC-94-1

LTD .

Page

4

FROM

TO

113.2

132.

7

LITHOLOGICAL DESCRIPTION

112.

0 -

foliation at

36 degrees to

c.

a.112.4

112.45

qtz vein at 40 degrees to

c.a

.grai

ned

po,

cpy.

1-23

; co

arse

(Magnetite Tuff/wk to

mo

d cb

l, ca

lc,

strong sil/5% po,

py)

- dark green, fi

ne gr

aine

d, with med

ium gr

aine

d magnetite.

- weak to moderate

foliation.

- composed o

f fine chlorite,

feld

spar

, amphibole, calcite

and

quar

tz.

- matrix alteration,

includes wk

to m

od chlorite,

and

local

silicification.

- sp

otte

d ap

pear

ance

due to presence o

f 1-

2 mn ro

unde

d ma

gnet

ite

comp

risi

ng 2-

3% of

rock;

as disseminated gr

ains

or

co

ncen

trat

ed in

fo

liat

ion

para

llel

ba

nds.

- 2-3% quartz

veining, <l

% calcite

vein

ing.

113.2

- sharp contact

at 32

degrees

to c

.a.

113.3

- l cm amp

hibo

le-m

agne

tite

bands.

113.8

114.0

15%

0.5 cm qtz

veins, X-2% st

ring

er p

y, po

in

host

rock.

116.6

116.8

cpy.

116.8

117.1

vein

ed/s

ilic

ifie

d with S-7% po,

minor py an

d

117.

1118.0

foliated wit

h 1-2^ po,

py.

silicified,

qtz

veined zone with

S-10

% stringer

po,

py,

minor

cpy.

118.0

120.0

2-3!

*; fo

liat

ion

para

llel

1-

2 nm po, py

aggregates.

120.

0 120.9

well foliated,

diss p

o, py

.120.9

121.8

silicified,

foli

ated

interval,

S-5% fo

liat

ion

para

llel

po

, py

stringers.

121.8

122.75

well

foliated magnetic

tuff

with

2-3!

*, diss

to st

ring

er,

py,

po,

<l% qt

z eyes

.122.75

123.3

silicified zo

ne with

S-8% st

ring

er to agg

rega

te

py,

po,

prismatic, pi

nk,

mine

ral,

he

m fspar?,

at base of

in

terv

al.

123.3

126.2

fol.

magnetic tu

ff with mod

silicification and

banding; S-4% stringer to ag

greg

ate

po,

py.

124.3

- 3 cm p

o, py ri

ch band at

42

degrees

to c

.a.

124.65 - coarse stringer p

o, py

with

calcite

veining.

126.2

127.

2 in

tens

ely

sili

cifi

ed with

2-3,

\ bl

ue qtz

eyes,

S-8% st

ring

er p

o, py.

127.2

127.

5 qu

artz

vein at 40

de

gree

s to c

.a.;

2-35*; py,

po

minor

cpy.

127.2

128.

8 silicified,

banded

, wj

th 3-5?

s di

ssem

inat

ed po;

minor

sulp

hide

stringers.

120.

8 13

2.7

sili

cifi

ed,

fol

@ 40

de

grct

s to c

.a.,

] -1

\ po.

FROM

TO

ASSAYS

WIDTH

AU OPT

AU G/T

116.60

116.80

117.10

118.00

119.00

120.00

120.90

121.80

122.75

123.30

124.

30124.75

125.70

126.20

127.

20127.50

128.00

128.80

116.80

117.10

118.

0011

9.00

120.00

120.90

121.80

122.

7512

3.30

124.

30124.

7512

5.70

126.

20127.20

127.

50128.00

128.80

129.80

0.20

0.30

0.90

1.00

1.00

0.90

0.90

0.95

0.55

1.00

0.45

0.95

0.50

1.00

0.30

0.50

0.80

1.00

0.003

0.002

0.035

0.004

TRACE

0.004

0.02

30.

006

0.345

0.049

0.085

0.041

0.045

0.00

8TRACE

0.020

0.033

0.00

9

0.107

0.066

1.215

0.144

0.016

0.135

0.805

0.219

11.841

1.669

2.914

1.40

41.543

0.258

0.03

10.

702

1.13

60.

321

iloi.r r

*-.:

EX

PL

OR

AT

IO

N

C! O

-

LT

D.

DIA

MO

ND

D

RIL

L

LO

G

PR

OP

ER

TY

: R

ES

ER

VE

C

RE

EK

H

OL

E

No

.:

RC

-94-1

P

ag

e

5

ASS

AY

S FR

OM

TO

L

ITH

OL

OG

ICA

L

DE

SCR

IPT

ION

FR

OM

TO

W

IDTH

A

U

OPT

A

U G

/T

py-

132.7

151.

6 (Foliated Mafic Volcanic/nod c

hl/c

alcA

l^fe

py,

po,

tr c

py)

- same aa in

terv

al 51

.0-9

9.0

however, slightly higher su

lphi

de

content.

- gr

adat

iona

l contact

with mag

neti

c tuff ab

ove,

132.0-132.7,

mark

ed by

dis

appe

aran

ce of 1-

2 mn

mt

clots

and de

crea

sing

s ilic if ic

atio

n.132.7

134.0

blea

ched

, br

ecciated,

weakly silicified

interval wi

th 4-5% qtz v

eining,

<l%

po,

py,

cpy.

135.0

- foliation

at 40 de

gree

s to c.a

.136.6

- 2 cm calc-po,

py v

einlet @

43 de

gree

s to c

.a.

137.5

138.

8 ma

ssiv

e with min

or c

alc

veining.

138.8

139.

6 sh

eare

d, altered, wi

th py-

bear

ing

calc-chl

stringers.

139.6

140.

3 spotted

with

S-8% amphibole laths; 1-2*

diss

emin

ated

py, po

, foliation

at 25 d

egre

es t

o c.

a.140.8

141.

1 ch

l-ca

lc ve

in a

t 15

de

gree

s to c.a

.;

1-2*!; py

,po

.14

1.2

141.4

blea

ched

, silicified interval, 1-^ p

o, py.

142.

4 - ca

lc vei

ning

/fol

iati

on a

t 35

degrees t

o c.

a.14

2.5

142.7

5*5, 2-4

rim hb

cry

stal

s.142.7

146.9

blea

ched

, weakly silicified in

terv

al wi

th 1-

2**

frac

ture

con

trol

led

py,

po stringers, aggregates.

144.3

144.6

2-3%

py, po;

folded c

alci

te stringers

in ope

n"z

" fo

ld,

fold a

xis

90 degrees to c

.a.

146.

9 147.0

qtz-

calc

ve

ins

alte

rnat

ing wi

th chl

orit

e bands

at 40 degrees

to c

.a.

151.5

151.6

qtz-

calc

ve

inin

g at 35 d

egre

es to c.a

.

151.

6 16

0.5

(Intermediate

Tuff

, BQ

E/mo

d ca

lc, chlAlA p

y, po

) 15

5.00

155.

40

0.40

0.060

2.066

- nod

grey-green,

well

fo

liat

ed,

fine to med

iim

grained.

155.

40

156.

40

1.00

0.004

0.153

- 2-

3*5;

1-3 mn

dk

blue qtz

eyes

throughout.

156.

40

158.

30

1.90

0.001

0.360

- gr

adat

iona

l co

ntac

t with a

bove unit m

arked

by app

eara

nce

of

blue

quartz

eyes

, chloritic

fine grained

wispy

fragments.

- weak t

o no

dera

te uni

form

magnetism.

- co

mpos

ed o

f fine g

rained,

chlo

rite

, ca

lcit

e qtz

and

biotite.

151.6

153.0

mod

well fo

liat

ed a

t 40 d

egrees to c

.a.,

1-2 mm

BQE

rare

.15

3.0

155.

0 w

ell

foli

ate

d w

ith

2-

3ife

2-4

mn

blu

e quar

tz

eyes

15

5.0

15

7.2

sil

icif

ied in

terv

al

wit

h w

ispy

bio

t,

chl

and

qtz

bands,

2-

5% su

lph

ides

thro

ughout

as

str

ing

ers

to

dis

sem

inate

d gra

ins.

155.0

, 1

55

.2

0.5

to

0.1

cn

\ po,

py str

ing

ers

at

40 degre

es

to

f:. a

. ;

subpa

ra l

l el

Ix.-d

d i i

iq.

IK U

,i:

M ,:

in

'--'i

.] l

EX

PL

OR

AT

IO

N

CO

.

DIA

MO

ND

D

RIL

L

LO

G

LTD .

PROPERTY: RESERVE CREEK

HOLE No.: RC-94-1

Page

6

FROM

TO

LITHOIOGICAL DESCRIPTION

157.2

160.

5 no

d carbonatized an

d fo

liat

ed 6

50 d

egre

es to

c.

a., 1-^ q

tz veins

and

stringers.

160.

5 16

5.0

(Hornblende Diorite/wk chlAU disa

po)

- da

rk g

reen

, black

spotted, medium to co

arse

grained.

- composed o

f S-

8% 5-

8 mn

hb crystals an

d medium to

fine

gr

aine

d pyroxene and

plagioclase.

- weak alteration

of py

roxe

ne to o

rali

te,

chlo

rite

.-

<l%

calc st

ring

ers.

- ge

nera

lly

mass

ive,

wi

th ophitic-p???? ho

rnbl

ende

and

pyroxene

- 160.5

- contact

mark

ed by

O.lm section of

calc an

d ch

l ve

ins

at 55

degrees

to c.a

.

165.

0 EN

D OF HOLE

FROM

TO

ASSAYS

WIDTH

AU OPT

AU G/T

DOWN-HOLE SURVEY DATA

DEPTH

INCLINATION

BEARING

15.00

-60.80

60.00

-59.80

141.

00

-57.

10

165.00

-56.

80

HOT.H: w

-,:

Rc-1

4-1

PROPERTY: RESERVE CREEK

HOLE No

.: RC-94-2

Collar Eastings:

9120.00

Collar Northings:

10101.40

Collar Elevation:

10000.00

Grid: NOREX

DRILL TYPE JKS 300

E X P H..OFI AT I ON CO- LTD

DIAMOND DRILL LOG

Collar Inclination: -66.00

Grid Be

arin

g: 180.00

Final

Depth:

210.00 metres

HOLE DRILLED BY

NORTHWEST GEOPHYSICS

CORE STORED AT RESERVE CREEK CAMP

20.9

49.2

ST

AR

TE

D-J

UN

E 2

5,19

94

DR

ILL

ED

ON

-TB

119

6463

Lo

gg

ed

by:

AS

AL

SM

ITH

D

ate

: 2

5/0

6/9

4

Dow

n-h

ole

S

urv

ey:

AC

ID

CO

RE

SIZ

E

BDBG

M

CO

MP

LE

TE

D-J

UN

E 2

7,19

94

FROM

0.0

6.3

TO

6.3

20.9

(Cas

ing)

(Fol

iate

d

LITH

OLOG

ICAL

DES

CRIP

TION

Mafic

Volc

anic

, ch

l-ar

oph ac

hist

/wk chl/tr p

y, po

)

——————————————————————————————————————— ——— —— ,..

ASSAYS

li

FROM

TO

WIDTH

Au g/t

Au opt

- grey-green,

well

fo

liat

ed,

fine

grained t

o medium grained,

locally medium grained to

coarse

grained ch

lori

te-a

mphi

bole

schist intervals.

- consists of

feldspar p

yrox

ene, am

phib

ole

and

chlo

rite

in

wel

l foliated rock.

- chlorite amp

hibo

le schist in

terv

als

are

spotted, with 0

,5-

1.0 cm amp

hibo

le por

phyr

obla

sts co

mpri

sing

20-30% o

f rock.

- uniform ch

lori

t-an

phib

ole

alte

rati

on t

hroughout.

6.5

- fo

liat

ion

at 35

degrees t

o c.

a.9.

0 9.

3 bleached,

wkly s

ilic

ifie

d in

terv

al.

12.0

12.5

calcite-chl

veinlet

in s

trongly

chlo

riti

zed

inte

rval

.12

.8

14.1

medium to co

arse chl

orit

e-an

phib

ole

schi

st,

foli

atio

n at 2

2 degrees

to c.a

.14

.2

14.5

brok

en vug

gy cor

e, ki

nked

foliation.

15.3

16

.0

sheared, broken cor

e, st

r ch

l.16

.7

17.8

bleached i

nterva

l with S

-8% calc a

nd qtz

vein

lets

.18

.2 -

2 cm

qtz-calc-epid vein at 3

0 degrees

to c

.a.

(Mafic V

olcanic, pillow t

o pill

ow breccia/chl a

nd s

il/tr py p

o)-

fine g

rained,

dark gre

en with

bleached l

ight g

reen pil

low

selv

ages

and

interpillow s

pace

s.21.0

22.4

fine

gra

ined

ble

ache

d in

tens

e wi

th b

anding a

t30

degrees t

o c.a.

23.9

25.0

ble

ached

, w

ell

band

ed in

terv

al

wit

h b

andi

ngat

25 d

eg

ree

s to

c.a

.2

6.8

2

7.2

b

recc

iate

d in

terv

al-

pil

low

bre

ccia

.27

.2

30

.0

dar

k g

reen

pil

low

ed in

terv

al

wit

h b

leac

hed

lig

ht

gre

en c

alc

and

ch

l-ri

ch

pil

low

ed se

lvag

es.

30.2

31.5

b

leac

hed

sh

eare

d in

terv

al

wit

h calc

ite-c

hlo

rite

vei

nin

g at

14 deg

rees

to

c.a

.32

.6 -

20

cm c

alc

-qtz

v

ein

at

25 d

egre

es to

c.a

.32.6

35.8

dar

k g

rey

hig

hly

sil

icif

ied

pil

low

s w

ith

min

or

py

and

po

in c

hlo

riti

c

inte

rpil

low

sp

aces.

37.1

-

2 cm

calc

vei

n a

t 20

deg

rees

to

c.a

.30.7

39.5

w

ispy fo

liati

on def

ined

by

catb

on

ati

zed

41.0

0

42.0

01.0

00.

031

TRA

CE

II'

PI.!

-' M

,

1ST O

Ft

AIX

J D

A

E X

: P

IS

OR

AT

IO

N

CC

D

DIAMOND DRILL LOG

LT

D .

PR

OP

ER

TY

: R

ES

ER

VE

C

RE

EK

H

OL

E

No.:

R

C-9

4-2

Page

2

FRO

MTO

49.2

57.2

57.2

78

.45

LIT

HO

LO

GIC

AL

D

ESC

RIP

TIO

N

amyg

du

les

at

25 d

eg

rees

to c.a

.40

.7

42

.1

band

ed,

light

gre

en a

mph

ibol

e ri

ch in

terv

al

wit

h

2-3%

2-

5 irm

pri

smat

ic

amph

ibol

e cry

stals

su

b para

llel

ban

din

g;

band

ing

from

20

to

30

d

egre

es to

c.a

.,

def

ined

by

chl

vs b

iot-

rich

ban

ds,

w

ith

calc

ite st

rin

gers

be

twee

n ban

ds.

44

.3

44

.6

ble

ached

, fr

actu

red in

terv

al

wit

h c

alc-

epid

vein

ing.

46.2

5 47

.25

slightly b

leac

hed,

well banded i

nter

val

with

S-4% c

alc

vein

lets

; wispy

blac

k bands

contain

fine g

rained

amphibole

and

biotite, strong car

bona

tiza

tion

.47.8 - ba

ndin

g at 3

8 degrees

to c

.a.

47.1

47.3

calcite-amphibole

vein

lets

at

38 d

egrees t

oc.

a.

(Fol

iate

d Intermediate T

uff/

mod

calc

and chlA^ p

y, po

)-

ligh

t grey-green;

fine

grained,

well foliated,

<l%

blue gtz

eyes

.- comprised

of a

lter

nati

ng li

ght green and gr

ey-g

reen

bands

with 2

-3\

foli

atio

n parallel ca

lcit

e ve

inle

ts.

- co

mpos

ed of

feld

spar

, amphibole, ca

lcit

e and

chlo

rite

.-

local

amph

ibol

e-ph

yric

intervals with f

ine

to med

iun

prismatic

grains.

- <l%

py,

po a

s fine dis

semi

nate

d gr

ains

.49.2

- b

andi

ng/f

olia

tion

at

28 d

egre

es t

o c.

a.52.3

52.8

cm bands.

52.8

55

.6hb

cry

stal

s.56.7

57.0

S-8%

calc

veinlets,

1-

well banded,

with

bla

ck amphibole r

ich

0.5-

1.0

amphibole-phyric,

with

2-3

'fc 3-5 mm

prismatic

shea

red,

si

licifi

ed chl

orit

ic i

nter

val

with

py.

po-

(Maf

ic Volcanic/str

calc

. wk

chl

Al.%

py, po

, cp

y)- me

dium

grey-green; fi

ne g

rained,

foli

ated

to

pillowed,

foli

ated

/ban

ded

intervals

defined

by r

elic

t ca

rbon

atiz

ed

amygdules

and

foli

atio

n parallel c

alc

stringers

from

2-2

0 mn

wi

de.

- pi

llowed intervals co

ntai

n bl

each

ed carbonatized

pillow

selv

ages

.- mo

d to s

tron

g ma

trix

carbonate a

lteration.

- 2-

4% c

alc

and

calc qtz

str

inge

rs,

typically

contain

po,

pyag

greg

ates

and min

or c

py.

59.5

60.0

wispy

calc-chl bands

at 20 d

egre

es t

o c.a.

60.2

5 60

.55

brec

ciat

ed c

alc

vein a

t 35

deg

rees

to

c.a.,

<l%

py,

po,

cpy.

60

.55

61.1

5

10?6

qu

art

z calc

vein

ing w

ith

2-3

ei py,

po

, cpy

.

ASSAYS

FROM

TO

WIDTH

Au g/t

Au opt

60.25

60.55

61.70

64.70

60.5

561.1

562.4

065.7

0

0.30

0.60

0.70

1.00

0.019

0.00

50.006

0.010

TRAC

ETR

ACE

TRAC

ETRACE

N.,: Hf-0.1-2

IS

JO

RA

IS

JO

A

E X

PL

OR

AT

I O

N

CO

.

LT

D

DIAMOND DRILL LOG

PROPERTY: RESERVE CREEK

HOLE No.: RC-94-2

Page

3

FROM

TO

78.4

5 84.0

84.0

104.9

LITHOIO3ICAL DESCRIPTION

61.7

62.4

chloritic wi

th 6

0% c

alc

veining; S-5% c

oarse

P0/ PY'

cpy

aggr

egat

es.

62.5 - foliation

at 4

3 degrees

to c

.a.

64.4

67.1

si

lici

fied

, chloritized, brecciated interval

with

ir

regu

lar qt

z-oa

lc s

trin

gers t

hrou

ghou

t; t-2% p

o, py.

67.1

70.3

epid

-sil

ica-

chl-

py-c

alc

fill

ed interpillow

spac

es,

foliation

at 3

0 degree

s to c.a

.70

.7

73.3

blea

ched

/si licified/chloritized i

nterval

with

irregular

epidote-calc-qtz v

eins.

74.9

78.4

5 massive eq

uigr

anul

ar wit

h l-2% irregular

calc

ite

stringers

thro

ugho

ut.

(Ban

ded

Inte

rmed

iate

Tuff/chl

amph,

calc/2-3%

po,

py t

r cp

y)- gr

ey to

green

band

ed,

fine g

rained,

with

quartz

and

calcite

veining.

- co

nsis

ts o

f 0.

5 - 1.

0 cm alt

erna

ting

green chl

orit

ized

vo

lcan

ic b

ands a

nd d

ark

grey amp

hibo

liti

c ba

nds,

with 2

-4 mn

foli

atio

n parallel ca

lcit

e st

ring

ers.

- lS

-20%

of

inte

rval

con

sist

s of g

rey

to white qua

rtz-

calc

ite

veins with wis

py a

ggregate t

o stringer p

o, py,

chl,

tr c

py.

78.4

5 - am

phib

ole-

rich

strongl

y fo

liat

ed a

nd b

recciated, wi

th

contact at 2

8 degrees

to c

.a.

79.0

80.5

80.5

81.3

stringer p

o.81.3

81.9

c.a.

82.1

82.4

83.1

PYr P

81.9

82.1

82.4

83.1

84.0

Po we

ll b

ande

d at 1

8-30 d

egre

es t

o c.

a.grey gtz v

ein

at 3

5 de

gree

s to c

.a.

with 4

-5%

*

well

ban

ded wi

th 2

% di

ssem

inat

ed p

o.gtz

veining wi

th p

y, po

, ve

in a

t 40

deg

rees

to

banding/foliation

at 4

0 de

gree

s to c

.a.

qtz

veining, po

, py

stringers S

-5%.

br

ecci

ated

, ca

lc-v

eine

d interval w

ith

l-2% d

iss

FROM

TO

ASSAYS

WIDT

H Au g

/t

Au opt

80.5

081.3

081

.90

82.1

082

.40

81.3

081.9

082

.10

82.4

083

.10

0.8

00.6

00.2

00.3

00.7

0

0.01

30.2

39

1.54

31.

245

0.28

7

TRA

CE

0.0

07

0.0

45

0.03

60.

008

(Maf

ic V

olcanic/chl, calc/tr

po,

py,

cpy)

- similar

to i

nter

val

57.2

-78.

45.

- co

ntac

t wi

th t

uff at 35

deg

rees

to

c.a.

, ma

rked

by

disa

ppea

ranc

e of b

andi

ng a

nd a

ppea

ranc

e of c

hlor

itiz

ed,

epid

bearing

pillow s

elvages.

85.6

86.4

bleached interval w

ith minor

brecciation.

88.3

88.7

calc a

nd e

pid

rich v

einl

ets,

pi

llow

selvages,

with t.

% di

ss p

o, py,

cpy.

90.7

92.2

medium grained a

mphibole-rich

foliated interval

foliation

at 4

0 degrees

to c

.a.

92.5

92.6

S-4%

stringer

po,

py,

calc v

eining a

t 32

degrees

to c

.a.

99.7

0 10

0.20

0.50

0.110

TRAC

E

mu-: N

..

IS

JO

RA

ND

/V

EX

PL

OR

AT

IO

N

CO

.

DIAMOND DRILL LOG

LT

D .

PR

OP

ER

TY

: R

ES

ER

VE

C

RE

EK

H

OL

E

No.:

R

C-9

4-2

Page

4

FRO

M

TO

L

ITH

OL

OG

ICA

L

DE

SC

RIP

TIO

N

92.8

9

3.5

ban

ded

am

phib

ole

-ric

h in

terv

al.

95.9

9

6.2

q

tz-c

alc

vein

lets

wit

h m

inor

po

at

35 d

egre

esto

45

deg

rees

to

c.a

.96

.9

97

.8

amph

ibol

e la

ths

com

pri

se

S-4%

wel

l ba

nded

25

deg

rees

to

c.a

.99.7

100.4

strong s

ilic

ifie

d, ch

lori

tize

d in

terv

al w

ith

diss p

y and

po,

calc

ite veining wi

th min

or qtz.

101.

75

102.4

chl-

calc

-qtz

sch

ist,

X-2% p

y, po

.102.4

104.9

massive wi

th minor c

alc-chl

veining.

104.9

110.

7 (F

olia

ted

Intermediate T

uff/

mod

chl,

calcAW p

o, py

)-

roed

gre

en-g

rey

to light

green, fine g

rained,

well

foliated

to s

chistose.

- co

nsis

ts o

f ch

lori

te,

calcite, biotite, amphibole, feldspar,

with

-CI

1*; foliation-parallel ca

lc.

stri

nger

s.- da

rk gre

y biotite-rich b

ands c

ontain S

-8%

2-3 mm

pla

tybi

otit

e grains a

nd r

are

2-4 mm blue qtz

eyes.

104.9

- gradational

contact.

105.1

107.2

2-3*^ bl

ack platy

biotite

grai

ns;

well

foliated

at 2

2 degrees

to c.a

.108.0

108.4

qtz

vein

wit

h 2-

3^55

stringer

po/p

y/cp

y.10

8.4

108.

7 2-

3\ d

iss

po.

109.

4 109.7

2% black p

rismatic a

mphibole at

30 deg

rees

to

c.a.

110.7

134.

1 (F

olia

ted Mafic Volcanic/str c

alc,

no

d chl)

- medium to

light

green, fine t

o medium grained,

well

foliated

to b

ande

d.- co

mpos

ed of

fine g

rain

ed c

hl,

calc

, re

lict

feldspar,

amphibole an

d qu

artz

.- ba

ndin

g de

fine

d by

alt

erna

ting

fin

e grained am

phib

ole-

rich

calc-rich

and ch

lori

te-r

ich

bands.

- <l

.% p

o, py a

s fi

ne disseminated

grains.

110.9

- ca

lcit

e veining

subparallel

foliation

at 2

5 degrees

toc.

a.Ill,

113.

116.

FROM

TOASSAYS

WIDTH

Au g/t

Au opt

108.00

108.

400.40

TRACE

TRACE

112.0

e-10%

3-4

nrm amphibole

grai

ns.

- l cm

calc-cpy-po v

ein

at 2

5 degrees

to c

.a.

119.

0 silicified,

with S

-5% pr

isma

tic

amphibole

grai

ns,

l-2% d

iss

py,

po.

120.0

120.2

banded w

ith

biotite

and

calcite-rich b

ands a

t 30 deg

rees

to

c.a.

124.

4 12

5.0

2-3!!; p

rismatic a

mphi

bole

gra

ins;

3-45

o calcite

veining, foliation

at 33

degrees t

o c.a.

125.

4 12

5.7

bleached,

silicified in

terv

al,

amph

ibol

e grains

from 2

-4 m

n, we

ak b

anding.

i m.

NO

RA

ISJD

.?\

F:

X P

" T

- O

R /\ T

I O

N

CO

-

LT

D.

DIA

MO

ND

D

RIL

L

LO

G

PR

OP

ER

TY

: R

ES

ER

VE

C

RE

EK

H

OL

E

No.:

R

C-9

4-2

P

age

5

ASS

AY

S FR

OM

TO

L

ITD

OL

OG

ICA

L

DE

SCR

IPT

ION

FR

OM

T

O

WID

TH

Au

g/t

A

u opt

130.

2 -

band

ing

at

30 d

egre

es to

c.a

.;

def

ined

by

bio

t an

d calc

ri

ch

in

terv

als

.12

6.7

131.

4 b

leac

hed

, sil

icif

ied

in

terv

al

wit

h c

alc

ite

vein

lets

com

pri

sing

S-5%

of

rock

; v

ein

ing

and

fo

liati

on a

t 35

deg

rees

to

c.a

.,

epid

ote

and

quar

tz p

rese

nt

in v

ein

lets

.

134.

1 14

6.2

(Foli

ated

In

term

edia

te T

uff

/nod c

hl

and

calc

/tr

py,

po)

- li

ght

gre

y t

o g

rey g

reen

, fi

ne t

o m

ediu

m g

rain

ed,

foli

ate

d

to lo

call

y m

assi

ve.

- co

nta

ins

ble

ached

, ca

rbonat

ized

in

terv

als

wit

h

1-2

mn

reli

ct

rock

fra

gm

ents

alt

ere

d to

calc

ite a

nd d

arker

mor

e m

assi

vein

terv

als

wit

h fi

ne to

med

ium

gra

in s

ize.

134.

1 -

foli

ati

on a

t 40

deg

rees

to

c.a

.13

5.9

13

6.1

shea

red in

terv

al

wit

h c

alc

ite v

ein

ing

.13

7.6

138.

15

stro

ng

ly b

leac

hed

; ch

l-q

tz-c

alc

sc

his

t.14

1.6

144.

1 b

leac

hed

, sil

icif

ied in

terv

al

wit

h f

oli

ati

on

at

38 d

egre

es to

c.a

.14

3.7

143.

8 qtz

-epid

calc

vei

n a

t 40

deg

rees

to c

.a.,

con

tain

s 2-

3% p

o,

cpy.

145.3

145.6

sheared

at 36

deg

rees

to

c.a.

146.

2 17

7.4

(Mafic Vol

cani

c/st

r ca

lc,

wk chl,

epid/tr

py,

po)

152.10

152.65

0.55

TRACE

TRACE

- si

mila

r to i

nterval

57.2

-78.

45.

153.

65

154.

65

1.00

TRACE

TRACE

- generally

fine g

rain

ed t

o ap

hani

tic,

wi

th 0.

5-1.

0 cm

chl-

epid

-qua

rtz-

bear

ing

bands-pillow margins.

- l-2% qtz

-cal

c stringers

throughout.

147.2

148.3

blea

ched

, carbonatized i

nterval

with

calc

vein

ing

at 3

5 de

gree

s to c

.a.

148.2

148.3

qtz-

calc

veining wit

h l-2% f

ine

grai

ned,

po,

cpy.

148.3

148.

9 da

rk b

iotitic

bands

at 40

deg

rees

to

c.a.

149.8

152.

1 patchy b

leac

hed

inte

rval

s, chloritic

inte

rpil

low

spac

es.

152.

1 153.65

80% qtz

and qt

z-ca

lc v

eined

interval.

153.65

154.65

strongly chloritized i

nterval

with B

O* qtz

-cal

cveining

l-2%

po, py as wispy

aggregates.

154.65

156.9

blea

ched

, brecciated wit

h strong

carb

onat

izat

ion;

foliation

at 3

6 degrees

bo c

.a.

158.1

160.8

bleached,

weakly s

ilicified

interval w

ith

5*5;

0.5 cm

cal

c vein H

ubj-iri r

a 11 c:

l fo

liat

ion

at 4

0 degrees

to c

.a.

161.5

162.

1 5'

; c.ilcjto I

jands at

40 de

gree

s to c

.a.

104.6

Kill

.4

Hh'-

.ii'

cd,

dilo

i'it

. i^

iil

slninijly

f'ij i

,il,cd inloi-v.i]

wit

li wispy i.

ih'i

l'-

.i'l'/

i -fi|.il CH

(lffimn\|

foli

.it

ion

.it

,fri dcqrccH

to 40

*J*'(|iws

lo *'

..i.

lfif

i.6

Id

').')

. M

I U

HI.

il i -

/jt\

cpid

ol'' ln

'.'ir

iii"

| l

I'jli

l ij

rfrr

i Iv

uuJ.

y

IK I

I.l-

1 N

- ,:

l1'1

''1

?

E X

F-L

OR

AT

I O

N

DIA

MO

ND

D

RIL

L

LO

G

CO .LTD -

PROPERTY: RESERVE CREEK

HOLE No.: RC-94-2

Page

6

FROM

TO

LITHOLQGICAL D

ESCR

IPTI

ON

pill

ow margins.

170.4

170.

8 fragmental with p

illow

breccia

fragments

with

subp

aral

lel

alig

nnne

nt a

t 35 d

egrees t

o c.

a.171.3

177.

4 strongly f

oliated with S

-5%

2-4 mm

cal

cstringers; al

so S-

4% b

iotite a

s 1-

2 mt

l grains c

once

ntra

ted

inbands.

177.4

203.2

(Mag

neti

te Tuff/wk t

o no

d ch

l, calc,

sil/2% p

o, py

and t

r cp

y)- me

dium

grey-green, fine g

rain

ed,

with

med

ium gr

aine

d ma

gnetite.

- co

mpos

ed of

fine g

rain

ed c

hlorite, fe

ldsp

ar,

amph

ibol

e,

calc

ite

and quartz a

nd m

agne

tite

.- sp

otte

d ap

pear

ance

lo

call

y due

to 1

-2 m

m rounded magnetite

grai

ns comprising

X-2% o

f rock;

locally co

ncen

trat

ed up to

20-30!!; i

n 1-2 cm

bands.

- 2-

5 tan bl

ack

amph

ibol

e gr

ains

are

con

cent

rate

d in

1-

2 cm

band

s wi

th f

ine

grai

ned

chlo

rite

.- matrix a

lteration

includes chl

orit

izat

ion and

silicification.

- generally

l-2% wispy py

aggregates a

nd s

tringers,

S-4%

concentrated i

n st

ring

ers.

177.4

- contact and

foliation

at 4

0 de

gree

s to c

.a.

177.

4 18

1.4

2-3% w

ispy p

o, py aggregates

throughout.

181.4

182.1

amphibole

rich b

ands

at

35 d

egre

es t

o c.

a.

qtz-chl

vein

wit

h S-

10%

po,

py,

l* cpy a

t

ASSAYS

FROM

TO

WIDT

H Au g

/t

Au opt

20

2-3% p

y, po

, cp

y st

ring

ers

in i

nter

val

with

183.5

183.

7de

gree

s to

c.a

183.7

184.

6S-8% cal

cite

vei

ning

.184.6

186.6

wispy

po,

py aggregates, S-5%,

subparallel

foliation

at 3

6 de

gree

s to c.a

.186.6

186.

7 20

% narrow qtz-calc

veins

with

coarse

py,

po

aggregates.

186.7

191.

2 silicified,

band

ed i

nterval, wi

th a

mphibole-

magnetite-pyrrhotite b

earing b

ands a

t 40 d

egrees t

o c.

a.19

1.2

191.

3 10 c

m qv

e 40 d

egre

es t

o c.

a.,

S-4% p

o.19

1.3

192.7

foli

atio

n parallel c

alc-

band

s at 4

2 degrees

to

patchy s

trong

silicification.

py i

n l cm

calc-rich b

and.

S-7% p

o, py

in

sili

ceou

s interval.

wk s

ilic

ific

atio

n, l-2% dis

s po

, py

.mod. silicifica

tion

, biotite, chl; 2-3% p

o, py.

1-2 cm

qtz v

eins w

ith

biot

, py

, po.

carbonatized,

weakly silicified interval w

ith

177.40

178.

4017

9.40

180.

4018

1.40

182.

10182.30

183.50

183.

7018

4.60

185.50

186.60

187.30

188.30

189.20

190.20

191.

20191.30

192.

30192.70

193.70

195.00

195.85

196.60

197.60

198.

6019

9.70

200.

50

178.

4017

9,40

180.

4018

1.40

182.

1018

2.30

183.

5018

3.70

184.

6018

5.50

186.60

187.30

188.30

189.20

190.20

191.

2019

1.30

192.30

192.

7019

3.70

195.00

195.

8519

6.60

197.60

198.60

199.

70200.50

201.

10

1.00

1.00

1.00

1.00

0.70

0.20

1.20

0.20

0.90

0.90

1.10

0.70

1.00

0.90

1.00

1.00

0.10

1.00

0.40

1.00

1.30

0.85

0.75

1.00

1.00

1.10

0.80

0.60

0.034

0.017

0.049

0.02

7TR

ACE

0.00

80.027

0.089

0.04

30.065

NIL

0.179

0.199

0.09

10.007

0.024

0.006

0.227

0.57

00.770

0.06

90.123

0.042

0.125

2.189

0.07

10.011

0.032

0.00

1TRACE

0.001

TRACE

TRACE

TRACE

TRAC

E0.003

0.00

10.

002

0.002

0.005

0.006

0.003

TRACE

TRACE

TRACE

0.007

0.017

0.022

0.002

0.004

0.001

0.004

0.064

0.002

TRAC

ETR

ACE

c. a.

, p:

192.6

- 19

2.7

193.

7 19

5.0

195.

0 19

5.85

S-

7% p

o,

199.

7

itch

y si

193.

7 195.0

195.

85

195.

85

199.7

Py in

200.5

5-10

cni i

nter

vals

, qt

z-bi

o-ch

l-ca

lc v

ein

subparallel

to c

.a.,

coar

se grained

po,

py.

11' il .

1: N.

EX

PL

OR

AT

IO

N

CO

. L

TD

DIA

MO

ND

D

RIL

L

LOG

PR

OP

ER

TY

: R

ES

ER

VE

C

RE

EK

H

OL

E

No.:

R

C-9

4-2

Page

7

FROM

TO

203.

2 210.0

LITHOLOGICAL DESCRIPTION

200.5

201.1

biot

ite-

calc

ite

rich

interval w

ith

2-Z\

stri

nger

po, py,

tr c

py.

201.

1 203.2

moderate-well

foliated nag t

uff wi

th S

-4%

biotite, 1-^ a

mphibole,

band

ing

at 4

5-50

degrees t

o c. a.

; 1-

23; di

ss p

o.

ASSA

YS

FROM

TO

WIDT

H Au g

/t

Au opt

(Foliated Mafic

Volc

anic

/str

ong

calc

, nod chlAn p

o)-

light green to dark

grey

, green; fine t

o me

dium

grained;

foli

ated

to

band

ed.

- co

mpos

ed o

f ca

lc-c

hl-a

nphi

bole

-bio

tite

-fel

dspa

r wi

th minor

po and

magnetite.

- bl

each

ed colour

due

to s

tron

g ca

rbon

ate al

tera

tion

of

matr

ix.

- S-4% 1

-4 mm ca

lcit

e ve

inle

ts t

hrou

ghou

t.-

<l% fi

ne g

rained dis

semi

nate

d po

.203.2

204.

5 calcite veining

at 4

8 degrees

to c

. a., S-4%

biot.

204.6

207.

0 strongly c

arbonatized, 4-5% 1

-3 mn am

phib

ole.

207.0

210.0

bleached t

uffaceous

interval w

ith

foliation/

band

ing at

40 degrees

to c

. a.,

<l%

po,

py.

210.0

END OF HOL

E

DOWN-HOLE

SURVEY D

ATA

DEPTH

INCLINATION

BEARING

18.00

-65.

90

75.00

-65.

40

210.00

-62.

90

HOT.F

No:

NOFtANDA EXPLORATION CO .LTD

PROPERTY: RESERVE CREEK

HOLE No.: RC-94-3

Collar Eastings:

10500.00

Collar Northings:

10010.00

Collar Elevation:

10000.00

Grid

: NOREX

DRILL TYPE JKS 30

0

DIAMOND DRILL LOG

Collar Inclination: -59.00

Grid Bearing: 180.00

Final Depth:

147.00 metres

HOLE DRILLED BY NW GEOPHYSICS

CORE STORED AT CAMP SITE

20.4

27.3

27.3

49.6

STARTEO-JUNE 27,1994

COMPLETED-JUNE 29,1994

Logged by:

AS AL SMITH

Date

: 27/06/94

Down-hole Survey:

ACID

CORE SIZE BDBGM

DRIL

LED ON-TB 1196461

0 9FROM

.0 .1

9. 20

TO 1 .4

LITHOLOGICALDESC

RIPT

ION

ASSAYS

\J

FROM

TO

WIDTH

Au g/

t Au opt

(Casing)

(Mafic

Volcanic /n

odch

l.wk

calc

)- gr

ey-g

reen

, fine g

rain

ed t

o ap

hani

tic,

fo

liat

ed t

o massive.

- locally

l-2% 1-

2 irm white

alte

red

feldspar,

carbonatized.

- l-2% wispy cal

c st

ring

ers

and qu

artz

-cal

c st

ring

ers.

- matrix c

omposed of c

hlorit

e, ca

lc qtz

and f

eldspar.

- fo

liat

ion defined

by platy cle

avag

e at 5

0 de

gree

s to c

. a.

10.3

10

.5

rock f

ragmen

ts i

n clay s

eam.

9.1

12.0

strongly broken core with

frac

ture

/fau

lt z

one

from 9.2 t

o 9.6

subp

aral

lel

to c

.a.

12.0

15.4

moderately broken

vugg

y, core,

with

shaky

parting al

ong ch

lori

tic

frac

ture

s at

50 de

gree

s to

c.a

.17

.9

18.1

brok

en cor

e.18.4

20.4

strongly broken co

re with

l-2% l cm

gtz

veinlets.

(Gab

bro,

sill/wk

chl,

uralite)

- me

dium

grey-green, spotted, mo

dera

tely

to well foliated.

- me

dium

grained wit

h so

me f

ine an

d co

arse

grains.

- consists o

f altered

pyroxe

ne phe

nocr

ysts

from

2-5 mm

comp

risi

ng 20-30% of

rock

set

in a

fine

r matrix o

f pyroxene,

feldspar,

amph

ibol

e an

d chlo

rite

.- ^ qua

rtz-

fill

ed f

ract

ures

.- fo

liat

ion de

fine

d by

orien

ted pyroxene/amphibole g

rains at

40-60

degrees

to c.a

.20.4 - fo

liat

ion

at 50-60 de

gree

s to

c.a

.20

.9

21.0

broken c

ore.

23.9

24,2

calc

-epi

d veining, 1-2* o

f rock.

25.3 -

5 cm

gtz-calc

vein at

70 d

egre

es t

o c.

a.

(Foliated Mafic

Tuff/wk chl

local sil/m p

o, py)

- medium gre

y-gr

een,

fi

ne g

rained,

foli

ated

to massive.

- composed o

f fi

ne grained t

o ap

hani

tic

chlo

rite

amphibole

feldspar,

calcite an

d quartz.

- locallly s

pott

ed with

1-3

irm anhedral feld g

rains

altered

to calcite a

nd wispy chl

orit

ic r

ock

frag

ment

s.-

S-5% q

tz a

nd qua

rtz

calcite

bands

and

vein

lets

thr

ough

out.

- <l% disseminated p

o, py

and

magnetite.

27.3

27

.5

gradational

cont

act wi

th b

anding a

t 40

deg

rees

48.2

0 49.20

1.00

TRACE

TRACE

HOLE No

: RC-94-3

lvl O

R A

M D

/X

E

; X

flL

.OR

AT

IO

N

OO

-

DIA

MO

ND

D

RIL

L

LO

G

:, T D .

PROPERTY: RESERVE CREEK

HOLE No.: RC-94-3

Page

FRO

M

TO

LIT

HO

LO

GIC

AL

D

ESC

RIP

TIO

N

to c

.a.

27.6

28.1

bleached wit

h S-10% qtz-calc v

einl

ets.

28.1

30

.1

strongly b

roken, ch

lori

tic

core

.30

.1

31.0

ca

rbon

ate

banding

at 47

degrees t

o c.a.,

l-2t

vugg

y quartz-epidote v

einl

ets.

32.3

33.9

strongly b

roken, ch

lori

tize

d co

re.

33.9

34.8

5 li

ght

grey

tuf

face

ous

inte

rval

, weak f

olia

tion

at 28

degrees t

o c.

a.35.8

36.3

highly s

trai

ned with chl

orit

ic w

isps a

t 28

degr

ees to 3

8 de

gree

s to

c.a

., kinked.

40.0

44.7

strongly f

olia

ted an

d ch

lori

tize

d interval

with

l-2%

2-4 mn gre

y qt

z ey

es lo

call

y.45.6

45.75

qtz-

tour

m-ch

l ve

in a

t 50 d

egre

es t

o c.a.,

1-2*

!;po

aggregates.

48.2

49.2

sh

ear

zone

wit

h he

avy chlorite alt

erat

ion;

2-20 on qt

z ve

ins with <

l% p

o, py.

49.2

49.4

br

oken

, gr

ound

cor

e, strong chl

orit

e al

tera

tion

49.6

69.95

(Maf

ic Volcanic/wk chl

, si

l/tr

py-po)

- li

ght to medium

green, fi

ne g

rain

ed t

o aphanitic, weakly

foliated.

- sa

me a

s in

terv

al 9

.1-20.4

- lo

call

y banded with

1-5 mm

qtz s

trin

gers

, locally

l-2% f

ine

feldspar phe

noci

ysts

and

calcite-filled amygdules.

49.7 -

7 cm

fol

iati

on par

alle

l qtz

vein

at

42 d

egre

es to

c.a.

51.8

54

.6

brok

en chlorit

ic c

ore with <

l% v

uggy qtz

veining.

54.6

57.7

mass

ive

interv

al.

57.6

58.1

irregular quartz-calcite-epidote v

einl

ets

inbl

each

ed i

nterval.

57.6

-

2 x

2 mm

po

stri

nger

s at

48 degrees

to c.a.

60.0

61.1

bl

each

ed wit

h 2-34 c

alci

te q

uart

z st

ring

ers.

62.0 -

banding at

50 t

o 55

deg

rees

to

c.a.

63.4

67.2

we

ll ba

nded

, tuffaceous interval,

with

3*

calcite

stringers

f rent 45

to

60 d

egrees t

o c.

a.64

.1

65.0

ch

lori

tic

with c

alc-

quar

tz v

eining, W c

py.

67.3

67

.4

qtz-

chl

vein

ing at 4

0 degrees

to c

.a.

68.8 -

69.95

90.6

5 (F

olia

ted

Intermediate Tuf

f/wk

chl,

str, calcAlA p

o, py)

- light

grey

-gre

en,

fine grained to

aphanitic, we

ll fo

liat

ed

to b

ande

d.- contains a

lter

nati

ng b

ands

of

fine g

rain

ed c

alcite,

chlo

rite

an

d bi

otit

e with 1

-30 mn

calcite and

quartz

vein

lets

com

pris

ing

S-4%

of

rock.

FROM

TO

ASSAYS

WIDTH

Au g/t

Au opt

57.6

068.90

58.2

069.20

0.60

0.30

TRACE

TRACE

TRACE

TRACE

70.4

071

.00

0.60

TRACE

TRACE

HOLE N

o: RC-94-3

NO

RA

TX

JD

A

EX

PL

OR

AT

IO

N

CO

DIA

MO

ND

D

RIL

L

LO

GP

RO

PE

RT

Y:

RE

SE

RV

E

CR

EE

K

HO

LE

N

o.:

R

C-9

4-3

Pag

e 3

FRO

MT

O

90.6

5 11

3.6

LIT

HO

LO

GIC

AL

D

ES

CR

IPT

ION

- o

vera

ll

unif

orm

calc

ite alt

era

tion of

matr

ix.

- su

lph

ides

occu

r w

ith

in calc

str

ing

ers

, qtz

-calc

str

ingers

,and/o

r fi

ne dis

sem

inate

d gra

ins.

72.1

-

calc

-qtz

vei

n a

t 50

deg

rees

to

c.a

.75

.0 -

foli

atio

n/b

and

ing

at

45 d

egre

es to

c.a

.

81.

85.

77.4

79.6

80.9

84.8

of r

ock.

86.3

88

89.3

90.0

77.6

2

x 2-3 cm qtz-calc

veins

at 50 d

egrees t

o c.a.

79.8

wispy

calc-epid-biot v

eins

.l

40% calcite veins at 4

0 de

gree

s to c.a

.4

calc-epid

vein

s with l

-2%

po,

py c

omprise

2-3%

9 9 massive with l

-2% calc-epid ve

inle

ts.

90.0

well foliated a

t 40 degrees t

o c.

a.90

.65

blea

ched

, strongly carbonatized

interval.

(Mag

neti

te T

uff/biot,

calc

, sil/1-2% p

o, py

)- medium g

rey, gr

een,

fine g

rained t

o ap

hani

tic;

ba

nded

to

foliated.

- si

mila

r to

abo

ve t

uff

unit

, ho

weve

r, is

cha

ract

eriz

ed b

y l-

2% 2

-4 mm gr

ey magnetite gra

ins giving a

lo

call

y sp

otte

d appe

aran

ce.

- al

so con

tain

s l-2% white r

elict

rock

fragments a

ltered t

o calcite.

- ba

nded

app

eara

nce due

to alternating b

iot, chl

and calc-rich

inte

rval

s fr

om 0

.5-2

.0 c

m wide.

- po

, py occur as

fine d

isse

mina

ted

grai

ns,

as f

olia

tion

para

llel

agg

rega

tes and

narrow stringers.

90.65

91.6

5 ba

nded

int

erva

l with biotite-rich

bands

at45

degrees t

o c.

a.,

minor

qtz-calc v

eini

ng;

wisp

y py,

poag

greg

ates

.92

.9

93.3

5%

1-3

mn euhedral m

agne

tite

grains.

93.3

97.3

spotted with 1

-5 mn anhedral c

alc

and qu

artz

pods,

poss

ibly

amy

gdul

es?,

st

retc

hed

parallel q

tz-c

alc

vein

ing

at 4

5 degrees

to c.a

.; strong car

bona

tize

d matrix.

97.6

98

.1

20% qtz-calc v

eini

ng,

<l%

py,

po.

98.8

99

.8

1-2** po,

py as

foliation parallel st

ring

ers,

also

in wispy aggregates,

minor

qtz

veining.

102.8

103.0

2 x

l on qtz vei

ns,

lowe

r on

e has

50t py

.103.0

106.2

S-4% 0

.5 t

o 1.

0 cm

qtz

vei

nlet

s co

ntai

ning

po,

py.

109.0

110.

0 1-2^*1 wispy p

o in wel

l ba

nded

int

erva

l, ba

nds

at 4

0-45

deg

rees

to

c.a.

112.

2 11

2.9

sili

cfie

d, bi

otit

e-ri

ch i

nterval

with c

entral

10 cm qt

z vein;

2-3^

^ stringer p

o, py t

hroughout

inte

rval

.112.9

113.

6 foliated/banded

and

bleached in

terv

al.

FROM

TO

ASSA

YS

WIDTH

Au g/t

Au opt

90.6

598

.80

102.

8010

9.00

112.

20

91.65

99.8

010

3.00

110.00

112.

90

1.00

1.00

0.20

1.00

0.70

TRAC

ETRACE

TRACE

0.04

0.01

TRAC

ETRACE

0.00

TRACE

0.01

HOLE No

: RC-94-3

IS

IO

RA

ND

AI O

N

CO

.

DIA

MO

ND

D

RIL

L

LO

G

LT

D .

PROPERTY: RESERVE CREEK

HOLE No.: RC-94-3

Page

4

FROM

TO

LITHOIOGICAL D

ESCR

IPTI

ON

113.

6 14

7.0

(Fol

iate

d Mafic

Volcanic/wk

chl,

ca

lc,

amph/tr

po,

py)

- me

dium

grey-green; fi

ne g

rained t

o aphanitic; foliated t

o ba

nded

.- co

mpos

ed o

f fine g

rained chlorite, calcite, bi

otit

e, and

feld

spar

with

fine t

o me

dium

gra

ined

amp

hibo

le.

- banded to

foli

ated

with

1.0 cm epid-calc-quartz

band

s and

calc

-qtz

str

inge

rs c

ompr

isin

g 10

% of ro

ck.

113.

6 114.2

massive, w

eakly ep

idot

ized

interval.

114.

0 115.2

band

ed wit

h epid a

nd c

alc-rich b

ands

, interpillow

spac

es.

116.0

116.

4 qtz-calc v

ein

at 3

0 de

gree

s to c

.a.

117.4

119.1

weak bleaching wit

h S-5% c

alcite,

stri

nger

s th

roug

hout

.12

1.2

121.

7 pr

isma

tic

amphibole grains 1

-2!*

; in wel

l 'f

olia

ted

interval.

124.9

125.8

S-6%

fine

to medium gr

aine

d am

phib

ole,

calcite

vein

lets

at

40 degrees t

o c.

a.12

7.6

- l cm cal

c ve

in wit

h po

, py

; ve

in at

40 deg

rees

to

c.a.

129.

3 129.4

calc v

ein at 3

0 degrees

to c.a

., <l.% p

o, py

. 132.1

- bi

ot and

calc band

s from 4

0 to 5

0 de

gree

s to c

.a.

135.6

- 2 cm gtz-calc-chl

vein at

45 d

egrees t

o c.

a.

137.6

141.0

foliated i

nter

medi

ate/

mafi

c tuff wit

h foliation at

35

degrees

to c

.a,

<2% qtz

and

calc v

einlets.

144.3

147.0

band

ed,

amphibole-rich i

nterval wi

th 2

-3*fe

calc s

trin

gers

, banding at

48 degrees

to c.a

.

147.

0 EN

D OF HOLE

FROM

TO

123.60

123.

90

ASSA

YS

WIDTH

Au g/t

Au o

pt

0.30

0.27

TRACE

DOWN-HOLE

SURV

EY D

ATA

DEPTH

INCL

INAT

ION

BEAR

ING

18.00

-58.

30

75.0

0 -56.10

147.

00

-55.

00

HOLE

No: RC

-94-

3

APPENDIX II

SAMPLE DESCRIPTIONS

NORANDA EXPLORATION COMPANY LIMITEDCORE SAMPLES -

Property! l^se^fe cg&Ei* .Hole Nurr

SAMPLE

-1-U3

-^^

-I&6

-27?.- IV ^

-SO. 6

-5V6

'3-7,5-

^V-7

- IGS. q\\6-6

\|4fc

P 7 - 1

lie,"n^~

|2^o

)Z^

Ui.'fcV 22-75

123 -l

124.3

\2 M 7^

12^. ~7

12^.2

\2l.2

! 27-5

128.0128-fc

*er. Kc.vi-i Pno.

FROM metres

l\-.3

14.*.

18.4Z1,S

^.^so-c

5S-^

37*rC7.1

^.7

- /oo; H114-6

)k,-si)^-iM&.o\\^-^;^-^i^,^lai-fc12275

'21-SI2V.^

^.7C,

I2S^

/24.e/27.2

1 27. 54^6-^

I2S.-3

TO

l?-3JH.^

(8-^

28 J4o.S

5|.o

Co. e1-).^^.-2,

Ss.?HOLM114. S

117- t

||9,o

MVo

120.0

f-Zo.^

I2i.fe'2?.?^

)2? 3

l?H,f

124.75

12^.7

t v . O

i ^ ^

1 **7 ~~7 ^^

f 28 Pr 2? -e1 2^8

WIDTH metres

)-C3

G. Z

o-?

o.s0.^

O,H

o,4o'M

i.-zr,^l-.o

0.2.

G. S

cO

f -o

f.^C.-1—— 4—0 .^

o,^3.^-l.o

e.^s-G.SC

Q. C

1-0

0,1

0.^

0.^

1-0

Au

,

Assays (grams/mt)

i

^i\"iv"*Z--S4

"^t,^

'^AaJ.-^ ^~^^

"t"i c"^CA" ?^"

,t^ - Qt

. 7C)^CfW *0*

r ^tt.Jjirvii':)Ti- V&vv i

9r, ^

-M Al

-** }

— *VL -j -t i'^

- ss 4

- fv^l. -\.jft\ ir

-^ ir~-^L^"5i, ^-^ Js

p- v p-- Ju aP^ ^ ^

5-fi r~ S

"^^.

/' r~jfU^Jt^\ p*^/

Final

.\C- V^'VVI

Cole - c

Pf^Y1

ri -IjQk

P3 J ^ '*al ^ric;f -^

^iC^C

st- 3r^ *r-"?"

^ -J- ^v^s ^

A -;

"^ ' ^

O o "T- ip -fJC *

i ^ v•J^RT P*•C. - s*-{

PC) - f*~t

1 ^5'

L s ^^Ji" fc ^

V,^Sl 1 l

o

')^\C /*~ .O- 1

jf^f^ ; 3-

,^JH/?

. )\t\ Di

l————— i————— —— V

^KT-1 ^s^

' '^^

-T* "- ICui*^ l

o

^J'li^X7?eiVu u^A^\3 C ft^.f

^ i f--2i

^.v,^-

. ^ r

^ So-y*^

r^t^070 pa 4

--7^

•2X/V

1-2^

^ r-l 'i^u ;

9, cJf.^r

P0 ! PYj*,A^

-CI ^rr^W

J , I-?A

4 ix. ^v\^

'(Vfl^

sa?^ A, sV

NORANDA EXPLORATION COMPANY LIMITEDCORE SAMPLES A

Property, tr^e^iL c&Z^ Hole Number- gc-^-\

SAMPLE

l ^ ^ - ^

1 ^S /^"f

1^4-"

FROM metres

iss.oI^'H

ISCK

TO

)S5-Mise.-H

isa/s

WIDTVImetres

0.^

l.o

G, g

-AS^AOf^ Paae 2

Au Assays (grams/mt)

FoL 3^

JMT. TU(

^TU

Final

7u^^ -

F -9 73

Sf^t

^"^/"(Klg/^

^^ic

NORANDA EXPLORATION COMPANY LIMITEDCORE SAMPLES

Property! Hole Number*

SAMPLE FROM metres

TO WIDTHm6tl'BS

Au Assays (grams/mt)Final

- 2 l.o

- 63- A G-1

61,7

l.c;S ^ - Pu -

-So - C). 8a. 6

e\. Q-.-? IV.

8?. l 0.1

8S.1 Q.~J

o-'S 0" - 5. 1 j **\ f\ . f!.

0

V52.1(536-?

J^Lft '-

C e, 1 1 ' K . t*,

7.H I78.H 1.0

na. H H

h H. H \ \

l do- * 181 .H .e.

\8l-M 0.7Jivi.

0-Z M^ M-S]PO y\

^ , z62s/*,

183 - l S3. 7 G. Z \C)

1&M-4

0.1 v ,/

cfr^^-^o /-

ftS.2- -"2, - 0 i li li

NORANDA EXPLORATION COMPANY LIMITEDCORE SAMPLES

PropertyHole Numben ^c- ^-^SAMPLE

?-\ cjo?

fVl-zp\,^

iq-z-inz..-7

Vrt--i\ ^i*"") -" (j^

i o _ s^il.

\^b^1^-7. G

Ofc-^

1 ^G) -^

FROMmefret

\ Q\G-ZiSi-2

l Q \ ^^

1 0 o *i

^ fl O -

moi ^W-. C3

i^'.^1^4.4

\ en.l^-(,nv-/

2CO.^

TO

\ c\^.2.h -3\S2.3rtZ.-iB^.i

f clS"-0

^•^

-1S'6.6)^7^4

1^4\^-^2oo.^

•2Q\^

WIDTH metre(.0

o.\Lo

o.H/.o

1^0,^cs-.;-?6)ol-oL 1)

o.S

Q^

AuPaaf

Assays (grams/mt)

-

'

fr .,

^^"

\A^ TL/

A* 5^.

^e.c TLO ^

^^ Tt H- f-

^•s 'T

M^- ^

p?-i ^

^-J^;4^^

Final'•^ - 2.

i^~-i

dP- j- - s-'- y-, rS - 7-

*,- J fe

^lr/^'S ' 2^\v^.' ?;^A^\

U1-- H

r 2——— "~—— ••HHi

-5^,

^-M^0

-o^

J r7\.7 y, j'j ,:

7 07 -

•-5JY"

^S'-l j

,^2^o

- 'V^O uOo

\ ^ /4S^ ^

NORANDA EXPLORATION COMPANY LIMITEDCORE SAMPLES - AssA^S

Property, ^^^^^E C.^EH^ Hole Number" Pc-^-'S

SAMPLE

3-H^z- 57. G-fcfi.S- ^O.M

- ^.^

- cts. t-- 102.&- K'') ,-

-M'Z Z

-^^-t

FROMmetres

n o - ^

gT (^

/"Q C\f'n v - 1

7o.q

^0.65

oje.'bI02.&'o-), c

11-Z.i

\l"*.L

TO

M\i.

^8-e6S.^71.o

SiSs-

^ft\oS.c

n^.o\n-i

1-Z/iO

WIDTH

l-o0.6

0--J

l- 0

lo

1.0

o^

iVo0--7

G.3

Au Assays ( grams/

^ V/Vur,.

j\Ae\C vt

Jli^*M TV/QIC

"V^?*V-

H ^^ J*rfv^C .

Page mt) [Final'"^"Kf

^o -i?

' pf\ ;-, : i"\l^u'^-/s

,,,i^ t^.- 1 - 2 "7^

'C -t- 1'

M-

i 1 -—p— —

^ a,zc-s.

/.'•.-- r^

,v\ Wv Jo '•1,,

-^A P^

^ ' V

NORANDA EXPLORATION COMPANY LIMITEDCORE SAMPLES -

Property iHole Nurr

SAMPLE

r^A/l x O x*"

60^HM.l

/SM.z

iDeri NC

FROMmetres

1V\

C K4o.1

IIM-I

1^-2

•** i^*t "^ \

TO

\3'^

^.^•fajL Q[

1 1 M i *T

I C ^y -C"

WIDTHmetres

O.HoSo-Ho-Ho.-S

CUU - t

fou. rf

FCL.

notI/Jr i

Page

/V\f^ T

UT 70

Art^Flo

o&TiT^

IsfF (

:ri.?TFF

V/OU

TVPP^'"N -

NORANDA EXPLORATION COMPANY LIMITEDCORE SAMPLES -

Property! Hole Number*

SAMPLE FROMmetres

TO WIDTH metres

8.7 8. -7 Val

0.1 M- 4

6^-0

(06 ,1 . t C f

J .

201- fc

NORANDA EXPLORATION COMPANY LIMITEDCORE SAMPLES -

f 3 —^ — ^

Property

K C

Hole Nun

SAMPLE

' \k\~ 2c,^- 34. ^

-76. G

^7,0

fiber* K^

FROMmetres

(i--\, 1

/J f Q

3C61B.Cc)?.o

-S4- "?

TO

/^,32^,2-5^. 1

7fe5s^.?

WIDTH

o-?0-3

0.3

c,. -So,?

^L

^AF\CGA6f2

^A.P^

l^T. 1

AWS.^7

'

VOLcX

so s^^ -7-, rf

•Tt 7V,

i' C

L

•P

:fi

APPENDIX III

ANALYTICAL RESULTS

SENT BY:THUNDER BAY. ONT. 6-29-94 17:45 :ACCURASSAY LABS LTD.- 807 623 0452.# 2/ 2

ACCURASSAY LABORATORIESA DIVISION OF ASSA Y LABORATORY SERVICES INC.

1070 LITHIUM DRIVE, UNIT 2THUNDER BAY, ONTARIO P7B 6G3

PHONE (807) 623-6448FAX (807) 623-6820Page l

NORANDA EXPLORATION CO., LTD, 960 Alloy Drive Thunder Bay, Ontario P7B 6A1

Sample # Accurassay Customer

1 RC-94-1-11.323 Check456789

1011 Check12131415161718192021 Check2223242526272B293031 Check32

14.318.627.337.539.450.659.667.192.792.7

100.4116.6116.8117.1118.0119.0120.0120.9121.8121.8

122.75123.3124.3

124.75125.7126.2127.2127.5128.0128.0128.8

June 28, 1994

Job #944"610

Project # 576 P.O. # 84354

Goldppb

X5^^^C5^1440^^^*5

10766

121514416

135805219273

11841166929141404154325831

7021136765321

GoldOz/t

^.001^.001^.001^.001^.001^.001^.0010.001^001^.001<0.001^.0010.0030.0020.0350.004^.0010.0040.0230.0060.0080.3450.0490.0850.0410.0450.008(0.0010.0200.0330.0220.009

Certified By:

SEM BY: THUNDER BAY. ONT. 6-30-94 : 15:27.:ACCURASSAY LABS LTD.- 807 623 0452:* 2/ 2

ACCURASSAY LABORATORIESA DIVISION OF ASSAY LABORATORY SERVICES INC.

1070 LITHIUM DRIVE, UNIT 2THUNDER BAY, ONTARIO P7B 6G3

PHONE (807) 623-6448FAX (807) 623-6820Page l

NORANDA EXPLORATION CO., LTD. 960 Alloy Drive Thunder Bay, Ontario P7B 6A1

Accurassay

123456789

101112131415161718192021222324252627282930

Sample #

Check

Check

Check

Customer

RC-94-1 RC-94-1 RC-94-1 RC-94-2 RC-94-2 RC-94-2 RC-94-2 RC-94-2 RC-94-2 RC-94-2 RC-94-2 RC-94-2 RC-94-2 RC-94-2 RC-94-2 RC-94-2 RC-94-2 RC-94-2 RC-94-2 RC-94-2 RC-94-2 RC-94-2 RC-94-2 RC-94-2 RC-94-2 RC-94-2 RC-94-2 RC-94-2 RC-94-2 RC-94-2

-155-155.4-156.4-41.-60.25-60.55-61.7-64.7-80.5-81.3-81.3-81.9-82.1-82.4-99.7-108.-152.1-153.65-177.4-178.4-178.4-179.4-180.4-181.4-182.1-182.3-183.5-183.7-184,6-185.6

June 30, 1994

Job #944622

Project # 576 P.O. # 84356

Goldppb

206615336311956

1013

2392131543124528711<5<5<53417124927<58

2789436571

GoldOz/t

0.0600.0040.001^.001^.001XO.OOI^.001^.001^.0010.0070,0060.0450.0360.008^.001'CO.OOl^.001^.0010.001^.001^.0010.001^.001^.001^.001CO. 0010.0030.0010.0020.002

Certified By:.

ACCURASSAY LABORATORIESA DIVISION OF ASSAY LABORATORY SERVICES INC.

1070 LITHIUM DRIVE, UNIT 2THUNDER BAY, ONTARIO P7B 6G3

PHONE (807) 623-6448FAX (807) 623-6820Page l

NORANDA EXPLORATION CO., LTD. 960 Alloy Drive Thunder Bay, Ontario P7B 6A1

Attention: Al Smith

Sample #Accurassay Customer

July 8, 1994

Job #944640

Project # 576 P.O. #84359

Gold Gold ppb Oz/t

15161718192021 Check2223242526272829

RC-94-2-186.6RC-94-2-187.3RC-94-2-188.3RC-94-2-189.2RC-94-2-190.2RC-94-2-191.2RC-94-2-191.2RC-94-2-191.3RC-94-2-192.3RC-94-2-192.7RC-94-2-193.7RC-94-2-195.0RC-94-2-195.85RC-94-2-196.6RC-94-2-197.6

179199917

246

1922757077069

12342

1252189

0.0050.0060.003^.001^.001<0.00l^.0010.0070.0170.0220.0020.0040.0010.0040.064

Certified By:

ACCURASSAY LABORATORIESA DIVISION OF ASSAY LABORATORY SERVICES INC.

1070 LITHIUM DRIVE, UNIT 2THUNDER BAY, ONTARIO P7B 6G3

PHONE (807) 623-6448FAX (807) 623-6820Page 2

NORANDA EXPLORATION CO., LTD. 960 Alloy Drive Thunder Bay, Ontario P7B 6A1

Attention: Al Smith

Sample # Accurassay Customer

3031 Check32333435363738394041 Check42434445

RC-94-2-198.6RC-94-2-198.6RC-94-2-199.7RC-94-2-200.5RC-94-3-36.6RC-94-3-48.2RC-94-3-57.6RC-94-3-68.9RC-94-3-70.4RC-94-3-90.65RC-94-3-98.8RC-94-3-98.8RC-94-3-102.8RC-94-3-109.0RC-94-3-112.2RC-94-3-123.6

July 8, 1994

Job #944640

Project # 576 P.O. #84359

Goldppb

71501132<5<5<5<5<5<5<5<5449

269<5

GoldOz/t

0.0020.001^.001<0.001<0.001<0.001^.001<0.001<0.001<0.001<0.001^.0010.001<0.0010.008<0.001

Certified

Chem

ex Labs Ltd.Analytical C

hemists ' G

eoohernists ' Registered Assayers

5175 Timberlea Blvd., M

ississauga, O

ntario, Canada

L4W 2S3

PHO

NE: 905-624-2806

To N

OR

AN

DA

EX

PLO

RA

TIO

N C

OM

PA

NY

LIMII R

O

960 ALLO

Y D

RIV

E

TH

UN

DE

R B

AY

, ON

TA

RIO

P

7B6A

1

Project :

576C

omm

ents: A

TTN: AL SM

ITH

Page N

umber

Total Pages

Certificate D

ate: Invoice N

o P

.O

Num

ber A

ccount : 1-A

119-JUL-94

1941960784358B

UF

"CORRECTED COPY" CERTIFICA

TE OF ANALYSIS

A9419607

SAMPLE

2307 A

2307 F

2307 L

2307 H

2307 N

2307 0

2307 P

2308 A

2308 B

2308 D

2308 H

2308 I

RC

-94-1-13.1R

C-94-1-46.35

RC

-94-1-60.9

RC

-94-1-114.1R

C-94-1-145.1

RC

-94-1-154.2R

C-94-2-8.7

RC

-94-2-21.4

RC

-94-2-29.7R

C-94-2-55.4

RC

-94-2-89.0R

C-94-2-106.0

RC

-94-2-134.3

RC

-94-2-170.6R

C-94-2-201.8

RC

-94-3-16.1R

C-94-3-25.9

RC

-94-3-78.6

RC

-94-3-97.0

PREPCODE

208208208208208

208208208208208

208208208208208

208208208208208

208208208208208

208208208208208

208

226226226226226

226226226226226

226226226226226

226226226226226

226226226226226

226226226226226

226

A1203\

14.6814.8812.8614.1714.35

15.1416.2113.6514.6114.67

13.0312.2312.2113.7313.01

12.1112.8012.7614.4313.99

14.0013.3114.02

-' 13.60

'13

.53

14.1313.9014.2115.1313.06

12.29

CaO\

10.8810.210.66

10.437.12

12.233.209.28

11.189.19

1.611.25

12.019.26

11.18

6.319.489.04

10.179.60

11.299.98

11.429.01

10.17

10.7710.0711.17

9.459.98

5.89

Cr203•'.<

0.01<

0.01<

0.01<

0.01<

0.01

< 0.01

< 0.01

< 0.01

< 0.01

< 0.01

< 0.01

< 0.01

< 0.01

< 0.01

< 0.01

< 0.01

< 0.01

< 0.01

< 0.01

< 0.01

< 0.01

< 0.01

< 0.01

< 0.01

< 0.01

< 0.01

< 0.01

< 0.01

< 0.01

< 0.01

< 0.01

Fe203\

12.3511.181.13

12.4112.90

12.064.65

12.4013.0511.87

1.756.48

11.6911.3111.05

15.9012.0311.8711.6612.66

12.7211.4211.6911.6010.71

10.1911.2912.9611.6611.44

14.01

K20\

0.120.232.340.250.43

0.161.040.040.140.12

1.002.110.110.040.25

0.180.100.540.100.17

0.190.690.230.430.11

0.080.430.170.130.58

0.64

MgO\

6.905.510.365.962.96

5.450.806.356.4

17.5

3

0.370.865.277.7

36.35

2.8

06.496.247.267.17

5.924.835.115.336.90

5.575.016.1

17.6

06.01

2.40

MnO*,

0.190.170.020.240.17

0.260.080.180.190.17

0.050.280.190.160.18

0.310.190.200.170.18

0.180.180.180.170.18

0.2

10.190.200.170.17

0.23

Na20

\

1.802.294.331.663.15

1.795.410.651.571.99

4.994.711.581.191.27

1.841.421.351.531.90

2.062.382.402.031.54

1.311.941.662.191.60

2.33

P205•',

0.100.090.070.090.20

0.080.240.110.110.09

0.140.110.110.090.10

0.360.100.100.100.11

0.120.110.110.110.09

0.070.080.080.090.08

0.35

Si02\

48.3050.1078.0049.3055.60

48.7066.6045.9048.1048.10

75.4071.7042.8043.7043.20

51.1044.8045.6048.0047.80

47.5044.6049.5047.1046.00

45.4044.5047.8048.0044.10

53.10

Ti02

\

0.931.050.100.871.36

0.940.380.970.960.90

0.400.320.890.750.77

1.570.920.880.871.00

1.030.940.970.870.75

0.750.910.980.870.77

1.58

LOI

\

2.050.951.172.290.37

1.070.438.392.132.95

0.710.34

10.789.68

10.66

5.449.659.354.622.62

2.909.433.078.168.53

9.449.522.363.17

10.16

5.23

TOTAL*

98.3196.67

101.0597.6898.62

97.8999.0597.9398.4697.59

99.46100.4097.6597.6598.03

97.9397.9997.9498.9297.21

97.9297.8898.7198.4298.52

97.9397.8597.7198.4797.96

98.06

Bappm

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Chem

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Invoice No.

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"CORRECTED COPY" CERTIFICATE O

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A9419607

SAMPLE

2307 A

2307 F

2307 L

2307 M

2307 N

2307 0

2307 P

2308 A

2308 B

2308 D

2308 E

2308 I

RC-94-1-13.1RC-94-1-46.35RC-94-1-60.9

RC-94-1-114.1RC-94-1-145.1RC-94-1-154.2RC-94-2-8.7RC-94-2-21.4

RC-94-2-29.7RC-94-2-55.4RC-94-2-89.0RC-94-2-106.0RC-94-2-134.3

RC-94-2-170.6RC-94-2-201.8RC-94-3-16.1RC-94-3-25.9RC-94-3-78.6

RC-94-3-97.0

PREPCODE

208208208208208

208208208208208

208208208208208

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208208208208208

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208

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226226226226226

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9111565602241331001148759154582922392110108110

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APPENDIX IV

LIST OF PERSONNEL

LIST OF PERSONNEL

The following is a list of Noranda personnel who supervised work on the Reserve Creek Property:

NAME

A. Smith J. Sullivan M. Maclsaac

POSITION

Project Geologist District Geologist Geologist

ADDRESS

960 Alloy Drive, Thunder Bay, Ont. P7A 6B4 960 Alloy Drive, Thunder Bay, Ont. P7A 6B4 960 Alloy Drive, Thunder Bay, Ont. P7A 6B4

The following contractors completed work on the Reserve Creek Property:

COMPANY

Northwest Geophysis Ltd.

Midwest Helicopters Ltd.

Accurassay Laboratories

Chemex Labs Ltd.

VYTYL Exploration Services

S. Atlookan

ADDRESS

Box 3262, Thunder Bay, Ont. P7B 5E8

1881 Portage Ave., Winnipeg, Ont. R3J OH3

1070 Lithium Dr. Unit 2, Thunder Bay, Ont. P7B 6G3

5175 Timberlea Blvd., Mississauga, Ont. L4W 3S3

305 - 345 Kingsway, Thunder Bay, Ont. P7E 2A6

Fort Hope, Ontario

WORK TYPE

Diamond Drilling

Drill Moves

Assaying

Lithogeochemistry

Linecutting

Core Splitting

Ministry ofNorthern Developmentand Mines

Ontario

Report of Work Conducted After Recorc^ng Claim

Mining Act

Transaction Number

Personal Information collected on this form Is obtained under the authority of the l this collection should be directed to the Provincial Manager, Mining Lands, Mi Sudbury, Ontario, P3E 6A5, telephone (705) 670-7264.

Instructions: - Please type or print and submit in duplicate.- Refer to the Mining Act and Regulations for re

Recorder.- A separate copy of this form must be completed for each Work Group.- Technical reports and maps must accompany this form in duplicate.- A sketch, showing the claims the work is assigned to, must accompany this form.

900 worn or consult me Mining

Recorded Holders)l-W\ IrvC,

Client No.

Address 7JS~ Telephone No.

Mining Division Township/Area M or G Plan No.

From: ; 9 9 y To: H, 1 9Work Performed (Check One Work Group Only)

Work Group

Geotechnical Survey

Physical Work, Including Drilling

Rehabilitation

Other Authorized Work

Assays

Assignment from . Reserve

Type

Qra^tL Or; !|. V,? ,OOK R C qM-1,2,5 S^-c^Wo

Total Assessment Work Claimed on the Attached Statement of CostsNote: The Minister may reject for assessment work credit all or part of the assessment work submitted if the recorded

holder cannot verify expenditures claimed in the statement of costs within 30 days of a request for verification.

Persons and Survey Company Who Performed the Work (Give Name and Address of Author of Report)Name Address

LViJl.

tAccjkA..fa.Xv3 lcno O. tLrr-1

(attach a schedule If necessary)

Certification of Beneficial Interest * See Note No. 1 on reverse side

l certify that at the time the work was performed, the claims covered in this work report were recorded in the current holder's name or held under a beneficial interest by the current recorded holder.

Date

re^ 9-2 iWf

Recorde/fl/Wolder or Agent (Signature)

JCertification of Work Report X

l certify that l have a personal knowledge of the facts set forth in this Work report, having performed the work or witnessed same during and/or afterIts completion and annexed report Is true,

Name and Address of Person Certifying

?0 r, 60 7T5-Telepone No. Date Certified By (S

For Office Use OnlyTotal Value Cr. Recorded Date Recorded

Deemed Approval Date96

Mining Recorder

Date Approved

Date Notice for Amendments Sent

Received Stamp

IT uy

0241 (KV91)

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Credits you are claiming in this report may be cut back. In order to minimize the adverse effects of such deletions, please indicate from which claims you wish to priorize the deletion of credits. Please mark (c') one of the following:1. D Credits are to be cut back starting with the claim listed last, working backwards.2. D Credits are to be cut back equally over all claims contained in this report of work.3. D Credits are to be cut back as priorized on the attached appendix.

In the event that you have not specified your choice of priority, option one will be implemented.

Note 1: Examples of beneficial Interest are unrecorded transfers, option agreements, memorandum of agreements, etc., with respect to the mining claims.

Note 2: If work has been performed on patented or leased land, please complete the following:

l certify that the recorded holder had a beneficial Interest in the patented or leased land at the time the work was performed.

Signature Date

Ontario

Ministry ofNorthern Developmentand Mines

Minlstere du DeVeloppement du Nord et des mines

Statement of Costs for Assessment Credit

Iztat des coQts aux fins du credit devaluation

Mining Act/Lol sur les mines

Transaction No./N' de transaction

- s g

Personal information collected on this form is obtained under the authority of the Mlnlng.Act. This information will be used to maintain a record and ongoing statusfof the mining claim(s). Questions about this collection should be directed to the Provincial Manager, Minings Lands, Ministry of Northern Development and Mines, 4th Floor, 159 Cedar Street, Sudbury, Ontario P3E 6A5, telephone (705) 670-7264.

Les renseignements personnels contenus dans la presente formule sont recueillis en vertu de la Lo) sur les mines et serviront a tenir a jour un registre des concessions minieres. Adresser toute quesiton sur la collece de ces renseignements au chef provincial des terrains miniers, ministere du Developpement du Nord et des Mines, 159, rue Cedar, 4" stage, Sudbury (Ontario) P3E 6A5, telephone (705) 670-7264.

1. Direct Costs/CoQts directs

Type

Wages Salalres

Contractor's and Consultant's Fees Drolls da ('entrepreneur et de I'expert- consell

Supplies Used Foumltures utilise**

Equipment Rental Location de materiel

Description

Labour Main-d'oeuvre

Field Supervision Supervision sur le terrain

Type

OCb.*rnwlOritt,'lNlj

(tafrH^

Type f t - eLCLW^^C feAW-|ln\*v-r,

Cex*. IVsf&Y ^**(PM

*^VAip.rwA-

Type

Amount Montan)

&00-CC

350000

m**-

fcSo-co

MOIKT-

Total Direct Costs Total des coQts directs

Totals Total global

GMoo-cO

SWcO

fjc-ce

-

5?,9X-OD

2. Indirect Costs/CoQts indlrects* * Note: When claiming Rehabilitation work Indirect costs are not

allowable as assessment work.Pour le remboursement des travaux de rehabilitation, les coQts indirects ne sont pas admissibles en tant que travaux devaluation.

Type

Transportation Transport

Food and Lodging Nourriture et he bargemen!Mobilization and Demobilization Mobilisation et demobilisation

Description

Type

^wA Uj^vtj

^flWh -1**n

ilcbnl

OriH to * CUT of

fco^lJ^f

Amount Montant

5"8fct-oo

600-00

Vow-cfcSub Total of Indirect Costs

Total partlel des coOts IndlrectsAmount Allowable (not greater than 20H of Direct Costs) Montan! admissible (n'excedant pas 20 H des coOts directs)Total Value of Assessment Credit Valeur totale du credit [Total of Direct and Allowable devaluation Indirect co*U) (Total des coOlt dined

Totals Total global

SSfeo-OO

feco-00

kOOOtJC

10466-00

toHtfc-oo^G^'Od

tt Indirect! admlnlbl**

Note: The recorded holder will be required to verify expenditures claimed in this statement of costs within 30 days of a request for verification. If verification is not made, the Minister may reject for assessment work all or part of the assessment work submitted.

Note : Le titulaire enregistrd sera tenu de verifier les depenses demandees dans le present etat des couts dans les 30 jours suivant une demande a cet effet. Si la verification n'est pas effectuee, le ministre peut rejeter tout ou une partie des travaux devaluation presentes.

Filing Discounts

1. Work filed within two years of completion is claimed at 1000xb of the above Total Value of Assessment Credit.

Remises pour depot

1. Les travaux deposes dans les deux ans suivant leur achievement sont rembourses d 100 •ft de la valeur totals susmentionnee du credit devaluation.

2. Work filed three, four or five years after completion is claimed at 50"M) of the above Total Value of Assessment Credit. See calculations below:

Total Value of Assessment Credit Total Assessment Claimedx 0.50

2. Les travaux d6posds trois, quatre ou cinq ans apres leur achievement sont rembourses a 50 "Vb de la valeur totale du credit devaluation susmentionne. Voir les calculs ci-dessous.

Valeur totale du credit devaluationx 0,50

Evaluation totale demandde

Certification Verifying Statement of Costs

l hereby certify:that the amounts shown are as accurate as possible and these costs were incurred while conducting assessment work on the lands shown on the accompanying Report of Work form.

that as UtvvAi(Recorded Holder, Agent, Position In Company)

to make this certification

Attestation de l'6tat des coOts

J'atteste par la presente :que les montants indiques sont le plus exact possible et que ces defenses ont 6te engagees pour effectuer les travaux devaluation sur les terrains indiques dans la formule de rapport de travail ci-joint.

l am authorized Et qu'a titre de je suis autorise(lltulalre snregislri, representant. poste occupe dans la compagnle)

a faire cette attestation.

Signature

0212 (04/911

Date

Nota : Dans cette formule, lorsqu'll ddsfgne des personnes, le masculin est utilise au sens neutre.

i

TB U!-^ T TB TB;TB ITB ^/t TB ^ j

^" ~ "

1196534

1196532

ni 96.4611196466 .

4- — — l - — --i TB i TB

-— __l————4-— —-^ — — - —— ~-.-- —

1196464

QwORK DONE ON

WORK RECORDED ON

OUTLINE OF CONTIGUOUS CLAIM GROUP

^L^Ipo^Hr^b*^ [*™A*?^^l'z?*^^^~~!~TB~~I TB " ITB ; TB~ "ITS" ! TB 'TB U^TiP'iTB TB TB . TB J

THE INFORMATION TM4T APPEARS ON THIS MAP HAS BEEN COMPILED FROM VARIOUS SOURCES, AND ACCURACY IS NOT GUARANTEED. THOSE WISHING TO STAKE MIN ING CUMMS SHCXILD CON SULT WITH THE MINWQ RECORDER, MINISTRY OF NORTHERN DEVELOP MENT AND MINES, FOR AD* DITIONAL INFORMATION ON THE STATUS OF THE LANDS SHOWN HEREON

IggWW-* l 10865661*,TB-^TTB--Hf^mujn ! ujiiui^jpuii^ jnjuTJ 0 ''^T^aST-l ' qHPfei^ggfel*?** U ^-H*gggS{1?gggi}.*!5!!fe 15S?J. -j-T-I-K--J.--5B---- - - """. ~[ ~_Z7^* 1~TB ' TB TB l TB^-^ 'j IB" ' l TB |TB TB -

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RESERVE NO-64

1196532 LEGENDHIGHWAY AND ROUTE No

,OTHER ROADS TRAILS SURVEYED LINES

TOWNSHIPS, BASE LINES, ETC. , LOTS, MINING CLAIMS, PARCELS, ETC. UNSUfWEYED LINES ' \

LOT LINESPARCEL BOUNDARYMINING CLAIMS ETC.

RAILWAY AND RIGHT OF WAY UTILITY LINES NON PERENNIAL STREAM FLOODING OR FLOODING RIGHTS SUBDIVISION OR COMPOSITE PLAN RESERVATIONSORIGINAL SHORELINE

"MARSH OR MUSKEG MINES TRAVERSE MONUMENT

M*g* c. '__* l c i-^" '^" jaMMsM bftftsMslfr innnafcai l^^ -^••^PW^w ' ^^•'WTWW .^WV^^V^ \

W————^^TB"- ,TB-~11196466

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II9646511964627 \ - l l

^.... ———— . ———L—— —— —— -L—— -————- J

DISPOSITION OF CROWN LANDS

TYPE OF DOCUMENTPATENT. SURFACE 8. MINING RIGHTS

. SURFACE RIGHTS ONLY^.

.MINING RIGHTS ONUY*.l...... t|ii......^!!. OLEASE, SURf ACE ft MINING RIGHTS

" .SURFACE RIGHTS ONLY " , MINING RIGHTS ONLY

LICENCE OF OCCUPATION

SAND ft GRAVEL __jC . - '' LAND USE PERMITS FOR ''''

NOTE: MINING WlQHTt IN^FAMCE.LB PATINTEO^Nlori TO MAY 6. 1913, VESTED IN ORIGINAL PATINTEE |V THE PUBLIC LANDS ACT. NCO 1470, CHAT 4 MO, SEC 63. BUB8EC 1

SCALE. 1 INCH * 40 CHAINS

AREA

VEEKAY LAKEMN R ADMINISTRATIVE DISTRICT

GERALDTONMINING DIVISION

THUNDER BAYLAND TITLES/ REGISTRY DIVHSIOH

KENORAVPATRICIAE AB AM E T LAKE

Ministryof LandNatural ManagementResources

36' 3T

SHAVER LAKE G-44O

42M12SE0013 W9540 52 VEEKAY LAK?200

10700 N

.P. LEGEND

shear e.g. pMow flow10500 N

CHARGEABILITYP <8 mv/v

P b-;5 mv/v

10300 Nsheorddmcrficvolcanic

MAFICA ZONE "

DMI MWtCIOn . j6J00A Au 1 154m f

oper it (tepVi (beiovABEM CONDUCTOR (APPRO*. LOCATIONS

MAGNETIC SULPHIDE HUMUS ANOMALIES Au ±Wo

(GEDDES RESOURCES 1963)ZONE10000 N —

5L 1C"00 N ^067')A994 DRILL HOLE

(TUNGSTEN

bosatt tt rhyolflej * diabase VX 9700 N —

i sulph'de zone po.py.cpy

conductorint ^uff * rtiyofite^

l FOLIATED BASALT

9500 N'—

HEMLOALBITE GRANITENORAHDA EXP^mAHON C*., LTD - THUNDER BAY, OMIMV

N.W. ONTMOO OBTRICT

RESERVE CREEK FORT HOPE AREA

COMPILATIONSeal* : 1:5.000

Drown by : R KRUSE

Revised - MARCH 199-4 Project number : 1376

File number : GEOLOGY

94-294-1

B ZONE A ZONE

MAFIC TliJFi

lCUATED BAS&L7

SURFAC PLAN

DRLL HOLE

gt Aumeters

g/t Au x METERS

20 ?0

HEMLOGOLD KORANDA EXPLORAnON C* , LTD - THUNDER SAY,

WEST PRECMIMMN DISTRICT

RESERVE CREEK PROJECT94-294-1FORT HOPE AREA

COMPILATION MAPInterpreted by : AL SMITH

IONDNALLONGTlfile number : LONGPLAN

42M12SE0013 W9540 52 VEEKAY LAKE

10000

GB8-4 P82-4 P82-3 RC-94-1 10000

ANDESITE VpO'Py

ANDESITE TUFF

9950

TB1196463Casng

Chlorite- Anphlbole Se hi s

Foliated Mafic Vo conic/nod cole.

Folia-ted Intermediate Tuff/ tr cole mod c

9950

"f./*? f]MA/NETIC SULFIDE ZONE - py,| ant9., f

Foliated Mafic Volcanic/nod cole, cW/OX py, p

Fo ated Internediate Tuff/nod chl, blo/tr py, po

' Follatec Mafic Volcanic/nod chl, wk calc/tr py, po

9900 9900

Mogn*tit* Tuff wk to nod chl, cala, strong sil/SX

Foliated Mafic Volcanic/nod chl/calc/^X py, po, t

Interntdio-te Tuff/ BQE/nod cole, chl/

Hornblende Di or it e/wk chlAlX dlss po

;1X py, po

165.00 n. RC-*4-l

9850

42M12SE0013 W9540 52 VEEKAYLAKE lfevunxs

9350 IDRANDA KNING l EDfLDRATIDN INC

230

RESERVE CREEK

SECTION 9025EAu SutphMg Zcmc Cfl/t X n)

PROJECT M 576SCALE' L/SIO

FEJ 1995HP 7S9S

o o

o in o oo o

10000 161-10

CASING

CHLORITE SCHIST X TUFF - BIDT

TUFF X CHLORITE SCHIST * py,po

RC-94-2

TUFF X CHLORITE SCHIST -minor blot

9950

TB1196463

Foil

Mafic Volcan

Foliated Intermediate TuffXmod calc and chlxaX9|9ftO

\r 10000

Casing

ated Mafic Volcanic, chl-amph

c, pillow to pillow brecclaXchl anc

istXwk chlXtr

Mafic VolcanlcXstr calc. wl chlXOX py, po, cpy

Banded Intermediate TuffXchl an ph, calcX2-3X po, p

Mafic VolcanlcXchl, calcXtr po, py, cpy

9900 Foliated Intermediate TuffXmod chl, calcAlX po, p 9900

Foliated Mafic VolcanlcXstr calc, nod chl

Follate( Intermediate TuffXmod chl and calcXtr py,

Mafic VolcanlcXstr calc, wk chl, epldXtr py, po9850 9850

Magnetite TuffXwk to mod chl calc, sllXSX po, py

zo O

Foliated Mafic VolcanlcXstrong calc, nod chlX^X p

9800 42M12SE0013 WB540 52 VEEKAY LAKE 240 9800

oinoo

REVISIONSfDRANDA MINING i EXPLDRATIQN INC.

RESERVE CREEK

SECTION 9120EAu Sulphide Zone Cg/t X it)

PROJECT No. 576SCALE. 1/600

FEB. 1995HP 7395

10000

9950

TB1196461RC-94-3

Casing

Mafic Volcanic/nod chl, wk cole

Gasloro, sill/wk chl, uralite

10000

'Foliated Ma f c Tuff/wk chl local sllAlX po, py

^950Mafic Volcanic/wk chl, sil/- py-po

Foliated Intermediate Tuff/wk chl, str. ale XIX p

Magnetite Tuff/blot, calc, sll/l-SX po, py

9900 9900

Foliated Mafic Volcanlc/wk chl, cala anph/tr po,

9850 9850

42M12SE0013 W8S40 52 VEEKAY LAKE 250ol

kEVIttONJl DRANDA MINING t. EXPLORATION INC

RESERVE CREEK

SECTION 10500E

PROJECT No 576SCALE' 1/500

FEB 199SHP 7595