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002E/12/1871

i

REPORT ON 2013 EXPLORATION ACTIVITIES

PILLEY’S ISLAND PROPERTY, NEWFOUNDLAND

NTS 2E/12

SOKOMAN IRON CORP.

LICENSE 20469M

EXPENDITURES - $ 11,608.80

by

T. FROUDE, P. GEO

JANUARY 6, 2014

ii

Table of Contents

1.0 Introduction………………………………………………………………………1

2.0 Property Description and Location…………..………………...…….…………2

3.0 Accessibility, Climate, Local Resources, Infrastructure, Physiography……..2

4.0 Regional Geology……………………………………………………………...…5

5.0 Property Geology………………………………………………………………...8

6.0 Mineralization……………………………………………………………………8

7.0 Summary of Previous Work…………………………………………………...12

8.0 2013 Exploration Program…………………………………………………..…14

9.0 Conclusions and Recommendations…………………………………………...14

10.0 References……………………………………………………………………….15

List of Figures

Figure 1 Property Location Map………………………………………………………3

Figure 2 Claim Location Map………………………………………………………….4

Figure 3 Regional Geology……………………………………………………………...6

Figure 4 Property Geology……………………………………………………………..7

Figure 5 Sample Location Map………………………………………………………...9

Figure 6 Historical DDH’s and VMS Mineralization…………………………….….11

iii

List of Tables

Table 1 Claim Status…………………………………………………………………2

Table 2 Major Sulphide Occurrences……………………………………………….12

Table 3 Assay results from the Bull Road Showing and the Fragmental Zone…..13

List of Appendices

Appendix 1……………………………………………….Expenditures and Personnel

Appendix 2……………………………………………….Sample Descriptions

Appendix 3……………………………………………….Assay Certificates

1

1.0 Introduction

The Pilley’s Island property is located on Pilley’s Island, Notre Dame Bay,

Newfoundland (NTS 2E/12). The area has a long history of mining and mineral

exploration beginning in the late 1800’s with the opening of the Pilley’s Island pyrite

mine. Since then, a number of companies, including Frobisher Mines, Brinex, Brinco,

Consolidated Morrison Exploration, Phelps Dodge and Altius Resources have explored

the area. Several massive sulphide deposits including the Old Mines, Jane’s Cove,

Rowsell’s Cove, Spencer’s Dock, 3 B Zone and the Bull Road/Fragmental Zone

prospects have been discovered. The geology and mineral deposits of the southern

Pilley’s Island area are typical of the felsic-dominated, bimodal class of volcanogenic

massive sulphide deposits.

The Bull Road and Fragmental Zones, which were discovered by Brinex in 1967, was

exposed in a series of trenches and tested by diamond drilling. Indicated reserves at the

Bull Road were estimated at 27,377 tons grading 2.00% Cu, 0.52% Pb, 5.02% Zn, 0.62

oz/t Ag and 0.008oz/t Au (non-NI 43-101 compliant) and additional possible reserves of

200,000 to 300,000 tons (also non NI 43-101 compliant). Surface trenching from the

prospect has returned 12.42% Zn, 3.87% Cu, 0.95% Pb, and 0.71 oz Ag over 4.6 metres,

and the zone has been traced for about 200 metres at surface. The mineralization is hosted

by resedimented, polylithic breccia containing abundant high grade (Zn-Pb-Cu) sulphide

clasts and is analogous to the breccia ores at Buchans. The showing is significant as it

suggests the potential for a high grade, zinc (+/- Pb, Cu, Ag, Au) rich massive sulphide

source, similar in nature to the Buchans camp (>16 Mt @ 14.5 % Zn, 7.5% Pb, 1.2% Cu,

126 g/t Ag and 1.5 g/t Au). The Fragmental Zone, lying immediately northwest of Bull

Road has returned drill intersections of 18 feet grading 7.32% Zn, 1.40% Cu, 0.76% Pb

and 0.66 opt Ag.

In 2013, Golden Dory completed a lithogeochemical sampling program to define

alteration patterns in the vicinity of the Bull Road and Fragmental showings. A series of

samples were collected and submitted to Accurassay Laboratories for ICP and whole rock

analysis. Several samples displayed strong VMS style alteration including strongly

depleted Na2O values. The results are discussed in this report.

2

2.0 Property Description and Location

The Pilley’s Island property is located on NTS map sheet 2E/12 12, on Pilley’s Island,

Notre Dame Bay, north-central Newfoundland (Figure 1). The property consists of 17

claims held under 1 licence 20469M and covers 425 hectares. The claims were initially

staked in October of 2007 by David Evans and Stares Prospecting, but have since been

transferred to Golden Dory Resources Limited and subsequently to Sokoman iron Corp.

Under the option agreement Golden Dory Resources acquired a 100% interest in the

Evans property for repayment of staking cost, and the Stares Prospecting claims for a

onetime payment of $5,000, 10,000 shares and staking costs. Stares Prospecting also

retained a 2% NSR. There are no known environmental liabilities associated with the

Pilley’s Island property.

Table 1 Claim Status, Pilley’s Island Property

Licence Ownership Claims Required Expenditure Work Due Date

020469M Sokoman Iron

Corp.

17 $ November 8, 2013

3.0 Accessibility, Climate, Local Resources, Infrastructure, Physiography

Accessibility

The property is located on Pilley’s Island on the northeast coast of Newfoundland (Figure

2). Route 380, a paved highway, connects Pilley’s Island with the TransCanada Highway.

Old logging roads and trails lead north from the community of Pilley’s Island to the

property.

Climate

The climate is typical Newfoundland moderate temperate, with short, moderate to warm

summers and long, generally moderate, winters. Although extremes of hot and cold can

be encountered the ocean around the island has a moderating influence and temperatures

in winter seldom go below – 15º to – 20º C and in the summer seldom rise above 25º to

30º C. Fall conditions, with variably dry to wet weather and some frost in September,

usually extend into November, when snow fall starts although no significant snow falls

are usually encountered until late December or early January. Spring is generally late

with snow lingering in the woods and on north facing slopes until mid May or early June.

Local Resources / Infrastructure

Most resources needed for exploration and mine development are available within the

nearby community of Robert’s Arm or Springdale including labor, diamond drilling

contractors, and an assay lab. The town of Grand Falls-Windsor, a major service centre,

population 15,000, is located approximately 120 km from Pilley’s Island and a regional

airport is located in Deer Lake, approximately 175 km to the west.

Owner

Typewritten Text

11,608.80

0 1,000

meters

ClaimLocation

Drawn: MapVision

Scale: 1:20,000

Figure 2

Date: Dec 2013DATUM NAD27

NTS: 2 E/12

PilleysIslandProperty

5

Physiography

The relief within the area varies from steep sided to rounded hills resulting in a rolling or

hummocky landscape. The area is covered by a thick forest of stunted spruce, fir, birch

and aspen. Low-lying areas are generally underlain by bogs or ponds. The area was

glaciated during the Wisconsin and is thinly blanketed by a coarse till. Bedrock exposure

varies from poor in the low-lying areas to extensive along the barren ridge and along

coastal sections.

4.0 Regional Geology

Pilley’s Island is located in western Notre Dame Bay, Newfoundland (Figure 3) and is

underlain by Ordovician submarine volcanic rocks of the Roberts Arm Group within the

Notre Dame Subzone of the Dunnage Tectonostratigraphic Zone (Williams et. al., 1988).

Regionally the group is part of a mature arc sequence referred to as the Buchans-Roberts

Arm Belt.

Bostock (1978) mapped the northern Roberts Arm Group at a scale of 1:50,000 for the

Geological Survey of Canada. Kerr (1996) as part of regional mapping by the

Newfoundland Department of Mines and Energy subdivided the group in to four distinct

basalt-dominated calc-alkaline terranes (Boot Harbour, Pilley’s Island, Mud Pond and

Triton) and the tholeiitic Crescent terrane. The terranes are separated by variably

steepened, south to southeast dipping north-directed faults. The Boot Harbour Terrane,

which forms the structural base, contains submarine, probably deep marine, felsic

volcanic rocks. The Pilley’s Island Terrane structurally overlies the Boot Harbour

Terrane and contains fragmental felsic volcanic rocks probably deposited in a shallow-

marine setting. The Pilley’s Island Terrane is structurally overlain by the Mud Pond

Terrane which is dominated by a regionally hematized and epidotized basalt sequence.

The Triton Terrane comprised of fresh basalts and abundant mafic intrusive rocks

structurally overlies the Mud Pond Terrane. The four calc-alkaline terranes are in turn

structurally overlain by tholeiitic basalts and associated sedimentary rocks of the

Crescent Terrane. The calc-alkaline sequences are interpreted to form the disrupted,

lower limb of a north-ward overturned anticlinal nappe structure.

The emplacement of the nappe structure is thought to be mainly pre-Middle Silurian as

sedimentary rocks of the Silurian Springdale Group sit unconformably upon different

Roberts Arm Group terranes (Kerr, 1996). Subsequent deformation was largely of a

brittle nature related to dextral transcurrent and/or southeast-directed reverse motions

along the Lobster Cove Fault and similar structures.

0 100

kilometers RegionalGeology

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Scale: 1:2,500,000

Figure 3


NTS: 2 E/12


4

kilometers

0

PropertyGeology

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Figure 4


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8

5.0 Local Geology

The geology and mineral deposits of southern Pilley’s Island is typical of the felsic-dominated, bimodal

class of volcanogenic massive sulphide deposits (Thurlow, 2001; 2004). A thick sequence of basaltic

pillow lava is intruded and overlain by dacitic breccia and flows that host the massive sulphide

mineralization. A series of low-angle, southeast dipping thrust faults cut the volcanic sequences in the

southern Pilley’s Island area and control the distribution of alteration and massive sulphide

mineralization (Figure 4).

The sulphide mineralization and associated alteration occur within two antiformal stack structures that

occur at the same structural level. The western stack underlies the Spencer’s Dock area and hosts the

Spencer’s Dock, Jane’s Cove and Rowsell’s Cove deposits. The eastern stack underlies the Old

Mines/Bumble Bee Bight area and hosts the Old Mines, 3B-Zone and Bull Road showing. The two

stacks are separated structurally by a culmination of unaltered basalt. The Liquor Street Fault Zone

forms the floor thrust to both stacks and emplaced the mineralized and altered sequences above

unaltered pillow lava of the Boot Harbour Terrane.

Both the Spencer’s Dock and Old Mine stacks are comprised mainly of felsic volcanic rocks which

have been dissected internally by several faults into a series of panels with mineralized and altered

footwall rocks lying structurally above the massive sulphide-bearing panels. Stratigraphy within the

Old Mines stack is as follows; basaltic volcanics at the base of the sequence are overlain by dacitic

intrusive, flow and volcaniclastic rocks which host the massive sulphide deposits and these are in turn

overlain by a thick sequence of post-mineralization dacitic hyloclastic breccia and flows. Two types of

synvolcanic, post mineralization dacite sills intrude the volcanic sequence.

6.0 Mineralization

On Pilley’s Island sulphide mineralization occurs as: low grade (Spencer’s Dock, Jane’s Cove),

medium grade (Old Mines) and high grade (3B-Zone) deposits that are of both sub-seafloor

replacement and exhalative varieties. The deposits are dominantly pyritic and are underlain and

flanked by an extensive chlorite, sericite, silica, K-feldspar and epidote alteration system. Low grade,

pyritic (Rowsell’s Cove) and high grade (Bull Road) breccia deposits are also present. Figure 6 shows

the location of sulphide occurrences discussed in the text and descriptions are presented in Table 2.

400

meters

0

2013Rock

Samples

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Scale: 1:7,500

Figure 5


NTS: 2 E/12


MapArea

020469M

10

Table 2. Major sulphide occurrences, eastern Pilley’s Island.

Occurrence Description

Old Mines Reserves: 1,159,000 tonnes at 1.23% Cu, includes

>500,000 tonnes at >2.0% Cu (Tuach, 1989)

Hole 42 Pilley’s Island Copper Pyrite Ltd. DDH 5.51% Pb,

12.45% Zn and 4.11 g/t Au over 2.4 m (Tuach, 1989)

Mansfield Stringer pyrite, sphalerite, galena,

Fragmental Zone (6000N) Sulphide fragments in dacite breccia

Bull Road Showing Sulphide clasts in polylithic breccia

3 B-Zone Massive sulphide Cu, Zn, Pb, Ag, Au

Henderson Pyrite fragments/clasts in breccia

In 1967, local prospector George Bayly discovered “fragments of a light weight gossan”

along a trail (the Bull Road) leading from Heads Pond to Mud Pond (Grimley, 1968).

Trenching by tractor revealed a zone of high grade pyrite, sphalerite, chalcopyrite and

galena boulders in sandy clays. Brinex exposed the mineralization in 5 trenches and

intersected the zone in at least 3 diamond-drill holes (BBF-27, BBF-29, BBF-33)

(Consolidated Morrison Ltd., 1979). Assay results from the trenches and the diamond

drilling is presented in Table 3.

Consolidated Morrison reported that the mineralization strikes southeast at about 125º,

dips to the northeast at about 35º and plunges less than 25º due east. The average true

thickness of the massive sulphide as exposed in the trenches is 10 feet and the average

grade from trench samples and the drill intersection in BBF-27 are 2.00% Cu, 0.52% Pb,

5.02% Zn, 0.62 oz/t Ag and 0.008 oz/t Au. Indicated reserves were estimated at 27,377

tons (non-NI 43-101 compliant). They also reported that ore-grade sulphide fragments in

a dacite breccia were intersected in four holes drilled by Brinex (BBF-22, 54, 58 and 60)

to the northwest of the Bull Road Showing. This zone, named the Fragmental Zone, was

interpreted to strike about N58ºE and dip steeply (77º) towards the southeast.

In 1983, Brinco tested the Bull Road showing with 3 diamond drill holes (Hum, 1983).

Hole PI-83-1 was collared to the north of Head’s Pond near where the showing

outcropped. The hole intersected several zones of sulphide mineralization including 0.65

m assaying 0.1% Cu, 4.4% Pb, 22.2% Zn and 0.96 oz/t Ag. The deepest hole PI-83-2

drilled at an angle of 45º to the north was collared to the south of Heads Pond. The hole

intersected several narrow intervals of sulphide mineralization including 2.25 m which

assayed 3.58% Zn and 0.32 oz/t Ag. The Bull Road showing is a resedimented,

polylithic breccia containing abundant high grade (Zn-Pb-Cu) sulphide clasts similar to

the breccia ores at Buchans. The showing is significant as it suggests the potential for a

proximal, high grade ore source.

11

Figure 6. Map showing distribution of diamond-drill holes in the Bumble Bee Bight area (modified from Thurlow, 2004). Also shown

are the locations of the significant VMS occurrences. The areas outlined are based on significant drill intersections.

12

Table 3. Assay results from the Bull Road Showing and the Fragmental Zone

Interval %Cu %Zn %Pb Ag oz/t Au oz/t

Bull Road

BBF-27 10 ft. 0.93 3.51 0.89 0.89 Tr.

Tr-2 15.1 ft. 3.87 12.42 0.95 0.71 0.013

Tr-6 17.2 ft. 1.40 2.06 0.17 0.44 0.008

15.6 ft. 1.93 2.66 0.11 0.46 0.010

Fragmental Zone

BBF-22 17.5 ft. 1.03 1.79 0.19 0.22 0.01

BBF-54 18 ft. 1.40 7.32 0.76 0.66

BBF-58 6 ft. 0.45 1.05 0.16 0.50

8 ft. 1.10 3.40 0.45 1.66

BBF-60 17.5 0.90 0.28 0.06 0.16

7.0 History of Exploration

The Pilley’s Island area has a long history of mining and mineral exploration. In 1875

massive sulphide mineralization was first discovered by prospectors. Between 1891 and

1908 the Pilley’s Island Pyrite Company Ltd. produced approximately 450,000 tonnes of

massive pyritic ore from the Pilley’s Island Mine (Old Mines). The pyrite was mined as a

source of sulphur. The property was purchased by the Blast Furnace Corp. and from 1919

to 1921 the company carried out 2019 m of diamond drilling in 8 holes adjacent to the

old mine workings.

In 1951 the Blast Furnace Fee Simple Grant was leased by the Pilley’s Island Copper-

Pyrite Ltd. and from 1951 until 1956 the company explored the area surrounding the old

mine. The Copper Pyrite Ltd. completed an airborne EM survey and 8,019 m of diamond

drilling in 43 holes. Frobisher Mines, a majority shareholder, assumed management

control of the company in 1959. Frobisher reevaluated the property, re-logged the earlier

diamond-drill core and completed geophysical surveys over the area. (Walker, 1960). In

re-logging the core from diamond-drill hole 42, a Zn-Au rich massive sulphide

intersection was discovered that assayed 12.45%, Zn, 5.5% Pb, 0.94% Cu and 0.102oz/t

Au over 8 ft. The vertical hole had been collared just east of Mine Pond and the

mineralization was intersected between 166.5 ft and 174.5 ft.

In 1966, Brinex acquired the property and initiated an extensive exploration program

consisting of geological mapping, soil geochemistry, VLF-EM surveys, core relogging

and 10,299 m of diamond drilling in 65 holes. This program led to the discovery of the

Bull Road Showing (Grimley, 1968). Brinex estimated that reserves in the old mine were

1,159,010 tonnes grading 1.23% Cu (this reserve is historical in nature and is not NI 43-

101 compliant). The area adjacent to historic diamond-drill hole 42 was also tested by 2

diamond-drill holes; no significant mineralization was reported. Brinex terminated its

exploration program in 1971.

13

In 1973, Consolidated Morrison Exploration Ltd. carried out Gravity and HLEM surveys

and in 1977 followed up with 194.2 m of diamond drilling in 2 holes in the area of the

Bull Road Showing (Consolidated Morrison Ltd., 1979). The holes failed to intersect any

mineralization.

A Brinco-Getty joint venture saw an extensive exploration program carried out from

1981 to 1985 consisting of a helicopter-borne mag/EM survey, line cutting, geological

mapping, IP and mag/VLF surveys, applied potential and borehole TDEM survey, and

5,665 m of diamond drilling in 29 holes, including 3 holes that tested the Bull Road

showing. This phase of exploration work resulted in the discovery of the 3B-Zone which

was estimated to contain approximately 200,000 tonnes grading 3-4% Cu (Epp, 1984).

This estimate is historical in nature and is not 43-101 compliant. A vertical hole was also

drilled adjacent to historic hole 42, however, no significant mineralization was reported.

The Blast Furnace area was explored by Au Pell Resources Inc. from 1987 to 1988. The

company carried out 1,949 m of diamond drilling in 8 holes; mostly in the area of the 3B

Zone. This drilling intersected the extension of the 3B-Zone and some of the higher grade

intersections included 4.42% Cu over 4.2 m, 6.4% Cu over 2.74 m and 7.69% Zn and

10.48 g/t Au over 2.29 m (Tuach, 1989).

In 1993 Phelps Dodge Corp. of Canada Ltd. acquired the area and initiated an extensive

program of relogging of historic drill core and geological mapping of the southern

portion of Pilley’s Island. In 1994, Aerodot Inc. was contracted to fly a helicopter-borne

magnetometer, radiometric and VLF-EM survey over the Bumble Bee Bight area

(Woolham, 1995). A new geological interpretation was developed and the company

subsequently focused its efforts on the Spencer’s Dock area where they carried out line

cutting, environmental base line sampling, diamond drilling (18 holes), and a gravity

survey. As a result of this program the Spencer’s Dock, Rowsell’s Cove and Jane’s Cove

massive sulphide deposits were discovered (Thurlow, 1996). Phelps terminated its

exploration program in 1993.

Altius Resources currently holds the mineral rights to the Bumble Bee Bight and

Spencer’s Dock areas. The company has drilled 5 holes to the southeast of Bumble Bee

Bight and completed lithogeochemical analysis of core samples. Borehole EM surveys

have been completed (Thurlow, 2004). The diamond drilling has extended the alteration

zone well to the southeast.

In the summer of 2011, Golden Dory completed a sampling program at the Bull Road

prospect in order to determine grades of the various styles of VMS mineralization

exposed at the Bull Road prospect and to determine a blended grade for the combined

group of samples. The sampling consisted of the collection of 10 kilograms of each type

at Bull Road which were then sent to Accurrassay Laboratories for analysis. Each “ore

type” was analyzed separately, and, a blended sample of all types was also analyzed. The

blended sample was analyzed a total of eight times to ensure that a representative average

grade was obtained.

14

The assay results highlight the high grade nature of the mineralization with samples

ranging from up to 45% combined Pb/Zn in the “black ore type” (sample 1520). In

addition, all styles of mineralization reported significant precious metal contents with the

pyritic yellow ore returning the highest gold grades in excess of 0.8 g/t Au and 71 g/t Ag.

Precious metal values from the “black ore type” reached 0.4 g/t Au and 61 g/t Ag. The

fragmental or transported samples returned the highest copper values at 4.9% Cu. The

blended sample (subjected to eight analyses) ranged from 0.29 to 0.41 g/t Au, 41 to 47 g/t

Ag, from 10.5% to 10.9% Zn, from 2.1% to 2.4% Pb, and from 2.3% to 2.5% Cu.

8.0 2013 Sampling Program

In May 2013, a reconnaissance rock sampling program was carried out in an effort to

locate favourable areas of alteration west of the historical Bull Road trench (Figure 5). It

is believed that the area immediately west of Bull Road is host to in situ massive

sulphides which could be the source of the Bull Road base metal rich fragmental

mineralization. This area has only sparse historical drilling and room does appear to exist

to host a significant massive sulphide body. (sample descriptions attached as Appendix 2)

The 2013 sampling was successful in that several samples which exhibited physical

alteration (sericite, silica and pyrite) did return whole rock analysis suggesting VMS style

alteration including low sodium (Na2O) as well as enriched base metal values. In

particular, samples PI-2013-1 and 3 exhibited very low sodium values of 0.52% and

0.06% Na2O respectively and are located 250 meters southwest of the Bull Road trench

in an area of little to no historical drilling. Most samples also exhibited enriched base

metals ranging from 22 to 6446 ppm Cu, 44 to 1604 ppm Zn and 10 to 1369 ppm Pb.

Anomalous Au (maximum 137 ppb) and Ag (maximum 3 ppm) were also reported.

Copies of analysis are attached as Appendix 3.

9.0 Conclusions and Recommendations

The 2013 sampling program has verified the presence of favourably altered felsic rocks

immediately west of the Bull Road trench in an area with little to no diamond drilling.

The presence of massive “black ore” as fragments within “transported ore” suggests that

significant accumulations of high grade massive “black ore” sulphide mineralization

could be present on the property. A distinct lack of known historical drilling for several

hundred meters to the west of the Bull Road prospect (Figure 6), allows for the possibility

for significant accumulations of massive sulphides to exist. It is therefore recommended

that a three to four hole program (1200 meters in total) focused on the gap in drilling

immediately west of Bull Road be implemented to test for mineralization.

Respectfully submitted,

Timothy Froude, P. Geo.

VP Exploration

Owner

Typewritten Text

Owner

Typewritten Text

15

9.0 References

Appleyard, E.C. and Bowles, E.G.

1978: The geology of the West Mine, Pilley’s Island, Newfoundland. Geological

Survey of Canada, Paper 78-1A, pages 199-203.

Bostock, H.H.

1988: Geology and petrochemistry of the Ordovician volcano-plutonic Roberts

Arm Group, Notre Dame Bay, Newfoundland. Geological Survey of Canada

Bulletin 369, 84 pages, with 1:50,000 colour map.

Consolidated Morrison Exploration Company

1979: The Bull Road showing, Pilley’s Island, Nfld. Consolidated Morrison

Exploration Company unpublished report. [NDNR 2E/12]

Dunning, G.R., Kean, B.F., Thurlow, J.G. and Swinden, H.S.

1987: Geochronology of the Buchans, Roberts Arm and Victoria Lake groups and

Mansfield Cove Complex, Newfoundland. Canadian Journal of Earth Sciences,

Volume 24, pages 1175-1184.

Espenshade, G.H.

1937: Geology and mineral deposits of the Pilley’s Island area. Newfoundland

Department of Natural Resources, Geological Survey, Bulletin 6, 56 pages.

Epp, W.R.

1984: Brinco/Getty Joint Venture Dawes Pond Project Pilley’s Island 1984

diamond drilling report Blast Furnace Option, C.B. 2400, Lic. 2240,

Newfoundland. Brinco Mining unpublished report. [NDNR 2E/524]

Grimley, P.H.

1968: Geological and other notes on Pilley’s Island. Brinex unpublished report.

[NDNR 2E12/274]

Hum, P.

1983: Report on the 1983 diamond drilling Pilley’s Island Blast Furnace Option

and C.B. 2400, Licence 2240, Newfoundland. Brinco Mining Document No.

G83005. [NDNR 2E/487]

Kerr, A.

1996: New perspectives on the stratigraphy, volcanology, and structure of the

island-arc volcanic rocks in the Ordovician Robert’s Arm Group, Notre Dame

Bay. In Current Research, Newfoundland Department of Natural Resources,

Geological Survey, Report 96-1, pages 283-310.

16

Thurlow, J.G.

1996: Geology of a newly discovered cluster of blind massive sulphide deposits,

Pilley’s Island, central Newfoundland. In Current Research, Newfoundland

Department of Natural Resources, Geological Survey, Report 96-1, pages 181-

189.

2001: Report on diamond drilling and Downhole Time Domain EM surveys on

Mineral Licence 7528M Pilley’s Island, Notre Dame Bay (2E/12), central

Newfoundland. Inmet Mining and Altius Resources Inc. unpublished report.

[NDNR 2E/1220]

2004: Report on diamond drilling and borehole transient electromagnetic surveys

on Mineral Licence 9464M Pilley’s Island, Notre Dame Bay (2E/05 and 12),

central Newfoundland. Inmet Mining and Altius Resources Inc. unpublished

report. [NDNR 2E/1345]

Tuach, J.

1989: Diamond drilling at Pilley’s Island, Newfoundland January – February

1989. Licence 2278 and Fee Simple Grant Vol. 1, Fol. 28 (NTS 2E/12). Au Pell

Resources Inc. unpublished report. [ NDNR 2E/656]

Walker, W.B.G.

1960: Report on Pilley’s Island Copper Pyrites Ltd. Frobisher Ltd. private report.

[NDNR 2E/242]

Williams, H., Colman-Sadd, S.P., and Swinden, H.S.

1988: Tectonic-stratigraphic subdivisions of central Newfoundland. In Current

Research, Part B, Geological Survey of Canada, Paper 88-1B, pages 91-98.

Woolham, R.W.

1995: Report on a combined helicopter-borne magnetic, radiometric and VLF-EM

survey Pilley’s Island project Extended Licence 2278, Pilley’s Island, Notre

Dame Bay, Newfoundland Canada NTS 2E/5. Phelps Dodge Corporation of

Canada, Ltd. unpublished report. [NDNR 2E/941]

17

Appendix 1

Expenditures and Personnel

18

Expenditure Summary – License 20469M

Personnel

Timothy Froude – Field Work, Report Writing, Travel 10 days @ $425.00 $ 4,250.00

Kevin Keats – Field Work, Travel 5 days @ $450.00 $ 2,250.00

Alan Keats - Field Assistant 3 days @ $350.00 $ 1,050.00

Subtotal: $ 7,550.00

Analytical – Accurassay Labs Subtotal: $ 502.62

Transportation and Accommodations

Vehicle (1820 km @ $0.50) $ 910.00

Accommodations/Groceries $ 657.25

Gasoline $ 305.00

Subtotal: $ 1,872.25

Digitizing and Report Costs Subtotal: $ 169.75

Total: $10,094.62

Administration and Overhead (15%) $ 1,514.18

Grand Total: $11,608.80

APPENDIX 2

Sample Descriptions

PILLEY'S ISLAND

Sample No. Easting Northing Description

PI-2013-1 592990 5485093 Rusty, yellowish oxidized pyrite-sericite schist. Stringer to semi-massive bands of

pyrite +/- chalcopyrite. Moderately foliated zone ~ 6-8 m wide along bush road at

west end of Head's Pond. Contact at south side with greenish gray intermediate

volcanic ~ 330°/sub-vertical.

PI-2013-2 592990 5485090 Generally same as No. 1 ( ~ 3 meters from #1, slightly more silicified).

PI-2013-3 592987 5485100 Generally as for No.1 but slightly more silicified.

PI-2013-4 593090 5485290 Highly altered (sericitic) moderately foliated felsic tuff, possibly old cleaned off or

trenched area. Medium clast size to several cm's, locally completely altered to

bright yellowish sericite. 3-5% disseminated pyrite +/- trace sph/gal. 26-°/sub-

vertical.

PI-2013-5 592955 5485425 FRAGMENTAL ZONE AREA. Exposure of carbonate ruck fragmental is closely

associated with red carboniferous? Sediment. Medium to deep red/brown, medium

to coarse fragmental breccia. Volcanic, most clasts amygdaloidal or vesicular.

Light grey brown granular carbonate rich matrix.

Pi-2013-6 592955 5485425 Same as No. 5 but contains small amygdaloidal with native Cu? Or iron.

PI-2013-7 593053 5485350 FRAGMENTAL ZONE. Zone characterized by discreet patches or fragments of

massive sulphide (pyrite) possibly with traces base metals. Sulphide "clasts" range

to several tens of cm's in diameter.

PI-2013-8 593053 5485350 FRAGMENTAL ZONE. Zone characterized by discreet patches or fragments of

massive sulphide (pyrite) possibly with traces base metals. Sulphide "clasts" range

to several tens of cm's in diameter.

19

Appendix 3

Assay Certificates

Thursday, May 30, 2013Final Certificate

Golden Dory Resources4 Carr CresentGander, NL, CAA1V 2E3Ph#: (709) 258-2255Email: [email protected]

Date Received: 05/16/2013

Date Completed: 05/28/2013

Job #: 201330019

Reference:

Sample #: 8

Acc # Client ID Au ppm

Agppm

Al%

Asppm

Bppm

Bappm

Beppm

Bippm

Ca%

Cdppm

Coppm

Crppm

Cuppm

Fe%

K%

Lippm

Mg%

Mnppm

Moppm

Na%

Nippm

Pppm

Pbppm

Sbppm

Seppm

Si%

Snppm

Srppm

Tippm

Tlppm

Vppm

Wppm

Yppm

Znppm

1158 PI-2013 #1 0.024 1 0.63 60 12 367 <2 18 0.03 <4 5 18 179 3.71 0.27 4 0.26 288 3 0.04 20 345 1369 <5 <5 <0.01 <10 6 <100 <2 19 <10 3 628

1159 PI-2013 #2 <0.005 <1 0.80 22 19 1274 <2 17 0.06 <4 4 13 29 2.93 0.19 4 0.54 601 3 0.10 14 553 23 <5 <5 <0.01 <10 53 <100 <2 17 <10 6 83

1160 PI-2013 #3 0.005 <1 0.41 27 13 203 <2 12 0.01 <4 4 11 56 2.78 0.23 1 0.14 <100 3 0.02 16 321 251 <5 <5 <0.01 <10 4 <100 <2 7 <10 <2 137

1161 PI-2013 #4 0.055 2 0.34 532 14 617 <2 22 <0.01 4 3 4 473 5.24 0.29 <1 0.03 <100 1 0.07 7 391 1246 11 <5 <0.01 <10 24 <100 2 5 <10 3 726

1162 PI-2013 #5 <0.005 <1 0.39 24 <10 101 <2 13 3.42 <4 11 29 22 3.13 0.21 <1 0.85 807 1 0.04 25 763 13 <5 <5 0.01 <10 53 <100 2 78 <10 13 44

1163 PI-2013 #6 <0.005 <1 0.60 29 30 59 <2 16 3.64 <4 19 101 35 4.08 0.12 8 1.44 1039 <1 0.07 53 808 10 <5 <5 <0.01 <10 63 356 8 140 <10 10 76

1164 PI-2013 #7 0.137 3 0.18 3819 <10 23 <2 32 0.01 19 42 10 6446 25.23 0.15 <1 0.02 164 2 0.01 29 <100 1110 53 <5 <0.01 <10 4 <100 30 14 17 <2 1604

1165 PI-2013 #8 0.026 <1 0.50 318 24 665 <2 17 0.20 4 21 10 492 4.35 0.28 3 0.43 473 5 0.07 26 967 282 6 <5 <0.01 <10 27 <100 3 24 <10 11 545

1166D PI-2013 #8 0.022 <1 0.50 307 23 670 <2 11 0.20 4 21 10 488 4.33 0.28 3 0.42 470 5 0.08 27 985 283 5 <5 <0.01 <10 27 <100 <2 24 <10 11 540

PROCEDURE CODES: ALP1, ALFA1, ALAR1, ALXR1

Certified By:

The results included on this report relate only to the items tested. The Certificate of Analysis should not be reproduced except in full, without the written approval of the laboratory.

-0644-05/30/2013 11:01 AMPage 1 of 1

Tuesday, December 17, 2013Final Certificate




Job #: 201330019

Reference:

Sample #: 8

Acc # Client ID Fe203%

Si02%

Al203%

Na20%

Mg0%

K20%

Ca0%

P205%

Mn0%

Ti02%

Cr203%

V2O5%

L0I%

Mass Balance%

1158 PI-2013 #1 5.74 68.42 14.69 0.52 1.51 4.41 0.06 0.10 0.06 0.59 0.01 0.03 5.04 101.16

1159 PI-2013 #2 4.38 69.70 13.66 2.35 1.57 2.66 0.12 0.14 0.09 0.46 <0.01 0.01 4.51 99.65

1160 PI-2013 #3 4.55 69.01 14.59 0.06 1.51 4.95 0.02 0.10 0.03 0.60 <0.01 0.02 4.89 100.32

1161 PI-2013 #4 9.44 62.88 15.37 2.44 0.93 4.06 0.08 0.12 0.02 0.57 <0.01 0.01 5.87 101.79

1162 PI-2013 #5 TBA TBA TBA TBA TBA TBA TBA TBA TBA TBA TBA TBA TBA

1163 PI-2013 #6 TBA TBA TBA TBA TBA TBA TBA TBA TBA TBA TBA TBA TBA

1164 PI-2013 #7 40.01 29.95 4.65 0.03 0.29 1.72 <0.01 0.05 0.03 0.23 <0.01 0.02 22.18 99.14

1165 PI-2013 #8 8.03 69.63 13.85 2.29 1.40 3.56 0.44 0.30 0.08 0.77 <0.01 0.04 5.38 105.75

1166Dup PI-2013 #8 7.93 69.06 13.69 2.14 1.38 3.55 0.42 0.29 0.08 0.77 <0.01 0.04 5.47 104.83

Control Standard Performance

NIST SR 690 95.40 3.95 0.27 0.02 0.17 <0.01 0.19 0.03 0.22 0.03 <0.01 0.01 <0.01 100.30

NIST SR 692 83.79 9.95 1.35 0.01 0.01 0.03 0.04 0.09 0.36 0.05 <0.01 0.01 2.50 98.19

Control Std Certified

Fe203%

Si02%

Al203%

Na20%

Mg0%

K20%

Ca0%

P205%

Mn0%

Ti02%

Cr203%

V2O5%

L0I%

Mass Balance%

NIST SR 690 95.58 3.71 0.18 0.00 0.18 0.00 0.20 0.03 0.23 0.02 <0.01 100.13

NIST SR 692 85.18 10.14 1.41 0.01 0.04 0.04 0.02 0.09 0.46 0.04 2.50 97.43

APPLIED SCOPES: ALP1, ALFA1, ALAR1, ALXR1

Validated By: Certified By: Authorized By:

The results included on this report relate only to the items tested.The Certificate of Analysis should not be reproduced except in full, without the written approval of the laboratory.

-0644-12/17/2013 10:06 AMPage 1 of 1

Tuesday, May 28, 2013Preliminary Analysis




Job #: 201330019

Reference:

Sample #: 8

Acc # Client ID Auppb

Auoz/t

Aug/t (ppm)

1158 PI-2013 #1 24 <0.001 0.024 1159 PI-2013 #2 <5 <0.001 <0.005 1160 PI-2013 #3 5 <0.001 0.005 1161 PI-2013 #4 55 0.002 0.055 1162 PI-2013 #5 <5 <0.001 <0.005 1163 PI-2013 #6 <5 <0.001 <0.005 1164 PI-2013 #7 137 0.004 0.137 1165 PI-2013 #8 26 <0.001 0.026 1166 Dup PI-2013 #8 22 <0.001 0.022

PROCEDURE CODES: ALP1, ALFA1, ALAR1, ALXR1

Certified By:

The results included on this report relate only to the items tested. The Certificate of Analysis should not be reproduced except in full, without the written approval of the laboratory.

AL903-0644-05/28/2013 5:08 PMPage 1 of 1

pilley’s island property, newfoundland sokoman iron...

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