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Cape Caribou Fe-Ti-V Source: Mineral Occurrence Database - Geological Survey, Department of Natural Resources Website:http://www.gov.nl.ca/mines&en/geosurvey P.H. Davenport, L.W. Nolan, R.W. Wardle, G.J. Stapleton, and G.J. Kilfoil, 1999 The Geoscience Atlas of Labrador. Newfoundland Department of Mines and Energy, Geological Survey, Open File NFLD/1305, Version 1.0 Map 2. Claims and geology map resource room prospectors Produced By: May, 2012 NEWFOUNDLAND & LABRADOR Explore The Opportunities LABRADOR Superior Province Grenville Province Makkovik Province Nain Province Churchill Province 0 300 km Labrador City Happy Valley/ Goose Bay Port Hope Simpson CAPE CARIBOU PROPERTY CAPE CARIBOU PROPERTY Map 1. Property location map The Cape Caribou Property consists of 84 claims (Lic. #s 19321M, 19535M, 19775M, 19891M and 19892M) located Regional Geology The property lies within the interior Grenville Province, and contains the southern part of the Cape Caribou River Allochthon (CCRA) and its surrounding rocks (Wardle and Ash, 1986). The CCRA is a layered, lobate, structural slice consisting of a lower unit of mylonitic tonalite-granodiorite gneiss and an upper sequence of metagabbroid-amphibolite and anorthosite referred to as the North West River anorthositic intrusive suite Local Geology Mineralization in central Labrador, approximately 30 Km NW of Happy Valley-Goose Bay. The property straddles Grand Lake Road out of Happy Valley-Goose Bay (Maps 1 and 2, NTS 13F/07, 10). The eastern half of the property is underlain by the Cape Caribou River Allochthon comprising leuconorite, leucotroctolite, leucogabbro and anorthosite. Mafic minerals include olivine, orthopyroxene and varying amounts of magnetite and ilmenite. Layering is commonly present near the contact with the unit immediately to the west where leucogabbroid alternates with anorthosite. Immediately west of this unit and underlying the western half of the property is the North West River anorthosite suite comprising gabbronorite, amphibolite and mafic granulite. Anorthosite in the CCRA is commonly enriched in magnetite which forms pronounced concentrations, both as an intercumulus phase and as layers, near the contact with the North West River Suite to the west. This magnetite- mineralized zone follows the crest of a pronounced, positive aeromagnetic anomaly coincident with the contact of the anorthosite and metagabbroids to the west, suggesting that the area may contain larger concentrations of mineralization. There is one historic mineral occurrence on the property, the Goose Bay Fe Showing. However, other than describing the occurrence as minor magnetite concentrations, no detailed information is available for this occurrence. Very little mineral exploration activity has been carried out on this property. The present owners of the property have collected grab samples from bedrock (Map 2 for locations and Plate 1) which have returned significant levels of Fe, Ti and V (Table 1) over several square kms, including up to 78.7 % Fe O , 11.09 % TiO and 0.31 % V. Levels of Cr, Cu and Zn are 2 3 2 also locally elevated (Table 1). The magnetite mineralization occurs as layers and lenses in the anorthosite (Plates 1 and 2). Geophysics Map 3 shows the regional aeromag, and illustrates the strong positive magnetic anomaly associated with the historic and newly discovered Fe occurrences quite well. The peak in the aeromag ridge occurs just to the west of the mineralization; the road from Goose Bay crosses this ridge just beside the Goose Bay Fe Showing. The aeromag anomaly extends to the south, as far as Goose Bay, and becomes wider, which may indicate that the magnetic source is deeper, and not outcropping. Mineralization Model Work to date and the associated regional aeromagnetic anomaly suggest that this property has favourable potential for significant magmatic concentrations of Fe-Ti-V mineralization. ^ _ ^ _ ^ _ ^ _ ^ _ ^ _ ^ _ ^ _ ^ _ µ 0 0.5 1 Km Goose Bay - 20 km Leuconorite, leucotroctolite, leucogabbro, anorthosite (CCRA) Gabbronorite, amphibolite, mafic granulite Granodiorite gneiss Goose Bay Fe Occurrence 51.87% Fe, .23% V 78.74% Fe, 11.1% TiO2, .3% V, 600ppm Zn, 210 Cu, .17% Cr 31.79% Fe, .19% V 40.14% Fe, 5.4% TiO2, .127% V, 320ppm Zn, 690 Cu, 560ppm Cr Table 1: Grab Sample Assays FOR MORE INFORMATION CONTACT: Tom Benoit Tel: (709) 643-3013 E-Mail: [email protected] or Craig Coady Tel: 896-9393 Email: [email protected] Plate 1: Magnetite Exposure Historic Fe occurrences Goose Bay Fe Occurrence Map 3. Claims and regional aeromag Plate 2: Magnetite Layer Sample Fe2O3(T)% TiO2% V ppm Cr ppm Cu ppm Zn ppm 557366 58.22 7.735 2199 940 130 390 557368 78.74 11.09 3092 1700 90 600 557371 40.14 5.44 1277 560 690 320 557372 55.45 8.568 1893 890 210 420 08-005 31.79 1883 08-006 26.35 1267 11-002 51.87 2305

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Page 1: NEWFOUNDLAND & LABRADOR Explore The Opportunities · Newfoundland Department of Mines and Energy, Geological Survey, Open File NFLD/1305, Version 1.0 Map 2. Claims and geology map

Cape Caribou Fe-Ti-V

Source: Mineral Occurrence Database - Geological Survey, Department of Natural Resources Website:http://www.gov.nl.ca/mines&en/geosurvey

P.H. Davenport, L.W. Nolan, R.W. Wardle, G.J. Stapleton, and G.J. Kilfoil, 1999 The Geoscience Atlas of Labrador. Newfoundland Department of Mines and Energy, Geological Survey, Open File NFLD/1305, Version 1.0

Map 2. Claims and geology map

resource roomprospec to rs

Produced By :

May, 2012

NEWFOUNDLAND & LABRADORExplore The Opportunities

LABRADOR

SuperiorProvince

GrenvilleProvince

MakkovikProvince

NainProvince

Churchill Province

0 300

km

LabradorCity

Happy Valley/Goose Bay

Port HopeSimpson

CAPE CARIBOUPROPERTY

CAPE CARIBOUPROPERTY

Map 1. Property location map

The Cape Caribou Property consists of 84 claims (Lic. #s 19321M, 19535M, 19775M, 19891M and 19892M) located

Regional GeologyThe property lies within the interior Grenville Province, and contains the southern part of the Cape Caribou River Allochthon (CCRA) and its surrounding rocks (Wardle and Ash, 1986). The CCRA is a layered, lobate, structural slice consisting of a lower unit of mylonitic tonalite-granodiorite gneiss and an upper sequence of metagabbroid-amphibolite and anorthosite referred to as the North West River anorthositic intrusive suite

Local Geology

Mineralization

in central Labrador, approximately 30 Km NW of Happy Valley-Goose Bay. The property straddles Grand Lake Road out of Happy Valley-Goose Bay (Maps 1 and 2, NTS 13F/07, 10).

The eastern half of the property is underlain by the Cape Caribou River Allochthon comprising leuconorite, leucotroctolite, leucogabbro and anorthosite. Mafic minerals include olivine, orthopyroxene and varying amounts of magnetite and ilmenite. Layering is commonly present near the contact with the unit immediately to the west where leucogabbroid alternates with anorthosite. Immediately west of this unit and underlying the western half of the property is the North West River anorthosite suite comprising gabbronorite, amphibolite and mafic granulite.

Anorthosite in the CCRA is commonly enriched in magnetite which forms pronounced concentrations, both as an intercumulus phase and as layers, near the contact with the North West River Suite to the west. This magnetite-mineralized zone follows the crest of a pronounced, positive aeromagnetic anomaly coincident with the contact of the anorthosite and metagabbroids to the west, suggesting that the area may contain larger concentrations of mineralization. There is one historic mineral occurrence on the property, the Goose Bay Fe Showing. However, other than describing the occurrence as minor magnetite concentrations, no detailed information is available for this occurrence. Very little mineral exploration activity has been carried out on this property. The present owners of the property have collected grab samples from bedrock (Map 2 for locations and Plate 1) which have returned significant

levels of Fe, Ti and V (Table 1) over several square kms, including up to 78.7 % Fe O , 11.09 % TiO and 0.31 % V. Levels of Cr, Cu and Zn are 2 3 2

also locally elevated (Table 1). The magnetite mineralization occurs as layers and lenses in the anorthosite (Plates 1 and 2).

GeophysicsMap 3 shows the regional aeromag, and illustrates the strong positive magnetic anomaly associated with the historic and newly discovered

Fe occurrences quite well. The peak in the aeromag ridge occurs just to the west of the mineralization; the road from Goose Bay crosses this ridge just beside the Goose Bay Fe Showing. The aeromag anomaly extends to the south, as far as Goose Bay, and becomes wider, which may indicate that the magnetic source is deeper, and not outcropping.

Mineralization ModelWork to date and the associated regional aeromagnetic anomaly suggest that this property has favourable potential for significant magmatic concentrations of Fe-Ti-V mineralization.

_̂_̂̂_

_̂̂_

µ

0 0.5 1Km

Goose

Bay- 20

km

Leuconorite, leucotroctolite, leucogabbro, anorthosite

(CCRA)

Gabbronorite, am

phibolite, mafic

granulite

Gran

odiorite

gneiss

Goose Bay Fe Occurrence

51.87% Fe, .23% V

78.74% Fe, 11.1% TiO2, .3% V, 600ppm Zn, 210 Cu, .17% Cr

31.79% Fe, .19% V

40.14% Fe, 5.4% TiO2, .127% V, 320ppm Zn, 690 Cu, 560ppm Cr

Table 1: Grab Sample Assays

FOR MORE INFORMATION CONTACT:Tom Benoit

Tel: (709) 643-3013E-Mail: [email protected]

or

Craig CoadyTel: 896-9393

Email: [email protected]

Plate 1: Magnetite Exposure

Historic Fe occurrences

Goose Bay Fe Occurrence

Map 3. Claims and regional aeromag

Plate 2: Magnetite Layer

Sample Fe2O3(T)% TiO2% V ppm Cr ppm Cu ppm Zn ppm

557366 58.22 7.735 2199 940 130 390

557368 78.74 11.09 3092 1700 90 600

557371 40.14 5.44 1277 560 690 320

557372 55.45 8.568 1893 890 210 420

08-005 31.79 1883

08-006 26.35 1267

11-002 51.87 2305