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First Year Assessment Report of - Newfoundland and Labrador · 002D/13/0922. First Year Assessment Report of Prospecting Activity on License 022573m The Tote Brook Properties NTS

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Page 1: First Year Assessment Report of - Newfoundland and Labrador · 002D/13/0922. First Year Assessment Report of Prospecting Activity on License 022573m The Tote Brook Properties NTS

002D/13/0922

Page 2: First Year Assessment Report of - Newfoundland and Labrador · 002D/13/0922. First Year Assessment Report of Prospecting Activity on License 022573m The Tote Brook Properties NTS

First Year Assessment Report of

Prospecting Activity on License 022573m

The Tote Brook Properties

NTS map Sheets 2D/13

Zone 21 NAD 27

Work Conducted Between December 2014

and December 2015

Written and Compiled By Eddie Quinlan

of Quinlan Prospecting Inc.

January 2016

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Table of Contents

page Introduction 1-6 Location and Access 7 Claim Status 7 Physiography 7-8 Exploration History 8-9 Newfoundland Geology 9 Regional Geology 10 Property Geology 10 Current Program and Results 11 Conclusions and Recommendations 11-12 References 12-14

TABLES Table 1: Property Information FIGURES Figure 1: Property Location Map Figure 2: Newfoundland Geology Figure 3: Local Geology Map Figure 4: Regional Geology Map Figure 5: Sample Location Map 22573m APPENDICES Appendix 1: Expenditures – Licences 22573m Appendix 2: List of Personnel & Contractors Appendix 3: Analytical Certificates Appendix 4: Sample Descriptions

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Introduction

In the summer of 2006 during a fishing trip up the Bay D’Espoir highway a medium size, highly angular, quartz block was found in the ditch of the main highway. Although hematite stained and somewhat brecciated a complete lack of sulfides gave the sample a low priority in the assay sequence. But once assayed and with a gold value approaching five grams per ton, the sample was given a closer examination. It was then determined that the sample in question more closely resembled the low sulfidization type veining, more widely associated with the Neoproterozoic rocks of the Avalon zone rather then the typical epithermal type veining which can be found throughout the central Newfoundland region. Consultations with Dave Copeland of Paragon Minerals and Norman Mercer of the Department of Mines and Energy in late 2007 helped to confirmed this thought. A couple of more trips were made to lic. 014438m (previously held license) and more samples collected. Some of these samples were shipped to St. John’s to be cut and polished. Replicas were sent to be assayed. Unfortunately none of these samples were anomalous in gold although an additional sample collected from the original quartz block approached the three grams per ton range. Upon receiving back and viewing the cut and polished samples though, it was clearly evident that the author’s first assumption was correct and that the property is probably host to a low sulfidization, epithermal gold showing very similar to the Bergs prospect of the Avalon zone. The property 014438m was recently allowed to lapse back to the crown. the property was re-staked and now is comprised of four claims called the Tote Brook Property.

INTRODUCTION TO LOW-SULPHIDATION EPITHERMAL VEINS Much of the world’s gold has been produced from quartz veins. Veins are formed when quartz or other minerals precipitate from a cooling fluid in a planar zone of weakness known as a fault. Quartz can precipitate from several different types of fluids, one of which is responsible for low sulphidation epithermal gold-silver veins and geothermal systems such as the hot springs at Yellowstone or the Geysers in California. The fluids are typically a mixture of groundwater and fluid emanating from molten rock at depths of around 5 to 10 kilometers below surface. These hot fluids are under very high pressures at those depths, and as they rise along faults to depths of about two kilometers from the surface, they begin to boil. As the fluids boil, they cool rapidly, causing the quartz to precipitate in the fault, forming the vein. Calcite and adularia (a feldspar mineral) also precipitate in response to boiling as well as any gold and silver present in the fluid. Eventually the rising fluids breach the surface and form a hot spring.

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Recognizing that gold precipitates near the surface in these systems, the great American geologist Waldemar Lindgren coined the term epithermal in 1933, epi meaning shallow and thermal referring to the heated fluid. The chemist Werner Giggenbach further subdivided epithermal gold deposits into low and high-sulphidation types. Low and high do not refer to each type’s relative amount of sulphide minerals (metal complexes of sulfur with metals). Rather the distinction is based on the different sulfur to metal ratio within the sulphide minerals of each subtype. While this paper deals with low-sulphidation (which are also known as quartz-adularia)epithermal vein systems, it is worth mentioning that high-sulphidation epithermal systems also form economic gold deposits although they develop under vastly different chemical conditions. High sulphidation deposits result from fluids rapidly channeled directly from a hot magma (where often bulk-mineable porphyry copper deposits form) along a fault where, after interacting with a much lesser amount of groundwater than low sulphidation veins, highly acidic fluids are formed. These acids rot and dissolve the rock leaving only silica behind often in a sponge-like formation known as vuggy silica. Metal-rich brines that also ascend from the magma then precipitate gold and often copper in the spongy vuggy silica. As a result these deposits are commonly broad, bulktonnage mines often with lower grades. In contrast, fluids that form low sulphidation veins interact with the rock for a much longer period of time. As a result of the extended duration of the fluids’ interaction with the rock, the fluids become dilute and neutralized and the silica dissolves (later precipitated as quartz). In low sulphidation veins, protracted boiling of these fluids produces high grade gold (greater than one ounce gold per ton) and silver deposits over vertical intervals of generally 300 to 600 metres. Within this vertical dimension, gold grades can be very high and result in large amount of easy to mine gold in a narrow compact area.

TEXTURES & GOLD PRECIPITATING PROCESSES IN LOW-SULPHIDATION

EPITHERMAL VEINS

The formation of low-sulphidation veins can be quite dramatic and results in minerals being precipitated and transported along several different faults above the depth at which the fluids start to boil. As quartz crystals precipitate in a particular fault, the fracture gradually becomes sealed. When this happens the boiling fluid finds another fracture along which to rise. In the meantime gases build up in the fluid underneath the sealed fault until the pressure ruptures the closure. At this point the pressure changes rapidly resulting catastrophic boiling. This type of violent phase separation results in gold, a distinctive bladed form of calcite and fine grained gel-like silica (amorphous silica) all precipitating rapidly and being swept along by the moving fluids. Eventually the fluids return to equilibrium and quartz crystals begin to precipitate under passive conditions, sealing the vein again until the entire process repeats itself The episodic

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nature of quartz precipitation, rupturing followed by gold precipitation, results in banded veins with each band representing a different phase in the process. The bands of coarse quartz crystals represent passive conditions. Bands of bladed calcite, fine silica (that has over time turned to quartz), and dark metal rich sludge (containing high concentrations of gold in the form of electrum), precipitate under conditions of violent boiling and fluid flow. The catastrophic boiling seems to happen only within a narrow vertical interval, generally about 300 to 600 meters thick. This is the high grade productive part of the vein system which I will refer to as the ore zone. By virtue of the fact that the gold is transported, increasingly smaller amounts of gold are found at elevations above this level. Finding anomalous, but non-economic amounts of gold in a vein that is clearly eroded to a level above that of the ore horizon is viewed as a good sign of the potential for high-grade gold below. Above the ore zone the bands of quartz are much finer grained (smaller crystals) since different forms of silica precipitated other than quartz, such as opal and chalcedony. In addition, the highest concentrations of bladed calcite are typically found at the top of the ore zone, while mercury and arsenic are found in higher grades above the zone. Beneath the ore zone the veins are generally made up of bands of coarse quartz crystals with little to no fine-grained quartz present. Gold and silver are highest in the ore zone and lead and zinc concentrations increase with depth, although there are significant exceptions to this rule. Erratic gold and silver values can be found immediately above the ore-zone in the lattice textured part of the vein. Sometimes elevated molybdenum can occur above the ore zone as well. When the fluid boils along with water vapour, CO2 and H2S also separate. These gases rise vertically. H2S condenses above the water table where it naturally forms sulphuric acid. Sulphur can precipitate as well, resulting in the foul smell of many hot springs. At the surface, the sulphuric acid reduces many rocks to clay and sulphate, and in the process the acid can dissolve any silica that may be present in the rocks. The resulting silica-laden fluid trickles down to the water table and re-precipitates the silica. If a permeable unit (such as a volcanic rock) is situated at the water table, a large area can be flooded with silica. This process results a resistant quartz-rich rock that occurs above many vein systems, commonly known as a silica cap. Since gold is not transported by either the gases or sulphuric acid, the silica cap is usually devoid of gold although generally highly elevated in mercury, arsenic and antimony. Antimony tends to occur in and within close proximity to the veins while arsenic and mercury are often widely dispersed into the rocks around the veins.

TECHNIQUES FOR LOOKING FOR GOLD IN LOW-SULPHIDATION VEIN

SYSTEMS

Ultimately, drilling is the means to discover ore in a vein system, and multiple holes are sometimes necessary to find the productive ore-zone. In the past, directing drill holes

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was a rarified art. Today, however, much input is available to geologists to guide drill programs, of which the interpretation of vein textures and the vein geochemistry are the most important. The textures of the minerals that form the veins (dominantly quartz, calcite and adularia) vary along the fluid flow path and, therefore, also vary with respect to depth. By observing these textures and understanding their variation according to depth and gold content as described above, gold mineralization can be targeted and predicted with accuracy. Observing fluid inclusions is another technique that can aid in determining depth of a vein system. When quartz precipitates from the hot fluid, tiny amounts of the fluid itself can be caught in the forming crystals as microscopic bubbles. These are known as fluid inclusions. If fluid inclusions are examined under a microscope as they are heated and cooled, the temperatures at which they freeze and at which they becomes a homogenous fluid can be determined. From this test, the temperature and salinity of the original fluid at the time of the inclusion’s formation can be estimated. This information can then be used to corroborate observations made from vein textures and geochemistry about the depth at which to expect gold mineralization.

LOW-SULPHIDATION GOLD-SILVER VEINS IN OR NEAR PRODUCTION

TODAY

Kupol Deposit, Russia

One of the most significant recent low sulphidation discoveries is that of the Kupol vein system in Russia. In 2003 Bema Gold announced a measured and indicated resource of 1.9 million ounces of gold at an average grade of 22.3 g/t and an inferred resource of 4.2 million ounces with an average grade of 18.4 g/t. This is a spectacular deposit with some significant similarities to the Fuego prospect. One of the most important similarity is that, like at Fuego, abundant lattice textured calcite has been identified in veins on the Kupol property. At Kupol, as with many other vein systems, the lattice textured calcite is distributed generally above areas of significant economic gold and silver mineralization. Illustrated above is a longitudinal section (a view of the plane of the vein relative to depth) and to the right a cross section demonstrating the high grade drill intercepts at Kupol.

The El Penon Gold Deposit, Chile

The El Penon epithermal banded quartz vein system was found and is operated by Meridian Gold Corp. At present the deposit has 1.76 million ounces of gold at a grade of 9.1 g/t in the proven and probable categories and a further 0.87 million ounces of gold at a grade of 10.0 g/t in the measured and indicated categories. One of the most intriguing aspects of the exploration and discovery of the El Penon deposit is that the vein is not well mineralized at surface; high gold and silver grades were blind and

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intersected by drilling at depth. Illustrated right is a cross section and below, a longitudinal section respectively that show the blind nature of the mineralization indicating the number of holes that were necessary to find ore deposit.

Pajingo, Australia

The Pajingo deposit has resources and production that total 9 million tonnes averaging 12.2 g/t for a total of 3.5 million ounces of gold. High gold grades were encountered at deeper depth, and diminished closer to surface. This deposit is an excellent example of how high grades frequently occur at deeper levels within a vein while near the surface little indication may be evident of the high grade deposit below.

Hishikari Gold Deposit, Japan

The Hishikari gold deposit is one of the largest epithermal gold vein deposits in the world. It was discovered in 1981 by drilling underneath erratically mineralized quartz veins. This drill program encountered spectacular high grades at depth. In 2004, the total contained gold, both mined and in reserve, totalled 264 tonnes (8.5 Million ounces) comprising 3.5 Mt @ 60 to 70 g/t Au and 2 Mt @ 20 to 25 g/t Au. The image to the right illustrates that the high grade veins were intersected well beneath veins which had returned low gold grades.

Low Sulphidation Epithermal Veins in Mexico

Mexico is particularly well endowed with epithermal low-sulphidation vein systems. This is because there was an abundant source of fluids and metals emanating from hot magmas over a long period of time. In addition there has been little erosion since the formation of the vein deposits. This means that veins in Mexico are often well preserved. Listed below are some of the most significant vein systems that have been mined in Mexico. The Fuego prospect is thought to be similar in age to these deposits and associated with the same belt of volcanic rocks.

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Sulphide and gold-rich bands Calcite Blades (lattice texture)

Fine-grained Silica Gel (now quartz)

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Location and Access

The Tote Brook Property consist of fourcontiguous map staked claims are located in central Newfoundland, approximately 30 miles south of the town of Bishop’s Falls. Route 360 going south from the Trans Canada highway bisects the western extension of the property just to the east of the Great Rattling Brook. Minor old access roads originating along this route bisect the property making access to and from the property very easy.

Claim Status

The claims covered by this report are listed in Table 1. All claims are located on NTS sheet 2D/13.

Table 1.

Licence # Licence Holder

Issue Date Report Date Claims Required Expenditures

022573m Eddie Quinlan December 04, 2014

February 02, 2016

4 $800.00

Physiographic Setting

Topography is relatively flat with one exception. The northern portion of the property has a very high hill which is known locally as Tote hill. It rises very abruptly form the river basin to lie about 100 meters above the rest of the property. The remaining countryside consists of low lying lakes, minor rivers and streams with an occasional bog thrown in for good measure.

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Wood cutting operations have long since ceased in the area and regeneration of the forest has begun. Most of the regeneration is natural but there appears to have been some silviculture work performed. A fire also went through the area in the late 80's so the amount and type of regrowth is quite varied. Altogether though the property is above average in accessibility and ease of prospecting. Float and outcrop occurrences are quite good around the lakes and streams. Tote hill is mostly outcrop and the surrounding road cuts and many old abandoned pits in the area also provide good exposure to the underlying bedrock.

Exploration History

Very little if any work has been conducted in the immediate area of the Tote Brook property although in the larger region there has been substantial amounts of work by a number of exploration companies. Initially the focus of the work was for magnesite and asbestos in the ultramafic rocks directly to the south of the property but, more recently, the focus has shifted to the search for gold mineralization. Further to the southwest of the Tote Brook Property, Paragon Minerals/Golden Dory Resources have conducted, geological, geophysical, diamond drilling and geochemical surveys within the ultramafics of the Coy Cond Complex and delineated an inferred resource of approximately 500,000 ounces of gold. The exploration as been ongoing since late 2002 but, recently stopped due to the downturn in the markets and the property as been returned to its original owners. Subsequently another discovery a few kilometers to the north by local prospector Cyril Reid also resulted in a large amount of work by Linear Gold, Paragon Minerals and Golden Dory Resources. A inferred resource of approximately 100,000 ounces as been discovered. Still further south in late nineties to early 2002 Gallery Resources conducted an extensive drilling program to try to identify the source of some high grade base metal boulders discovered earlier near Bruce pond. This work was primarily focused around the volcanic and sedimentary units of the North Steady Pond Formation. To the east of the North Steady Pond Formation, Noranda Resources in the late eighties to early nineties, spent a number of years in the Huxter Pond area with exploration programs running as far east as Gander Lake and beyond. Despite the emphasis at the time on base metals, the biggest success for Noranda in the larger area surrounding the Tote Brook property was to the far east of the property, across the Mount Peyton batholith. Noranda after follow up work on a very large stream sediment antimony anomaly, discovered several significant prospects. These were (collectively referred to as the Hunan Line prospects) and after much work by a number of exploration companies culminated in the definition of a significant resource and the eventual opening of the Beaver Brook antimony mine.

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Further to the north of the property in the late eighties, Noranda discovered a large number of large, gold bearing quartz boulders just to the east of the community of Bishops Falls. They named the occurrence the Moosehead but after disappointing results the property was allowed to lapse. After a number of other companies had picked up and relinquished the property Altius Minerals in the late 90's staked the showing and began work in the area. This work program included not only the Moosehead property but also a large number of claim blocks near Rolling Pond and others near Paradise lake. Although work was conducted on all three areas, the most successful drilling program was at the Moosehead showing. Here a number of drill holes were in the multi-ounce level over very significant widths but continuity of the veins was the major stumbling block in defining a resource for the property. Work has and continues to be conducted in the larger area.

Newfoundland Geology

The island of Newfoundland lies at the north-eastern edge of the Appalachian Orogen. Newfoundland is divided into three major tectonic-stratigraphic subdivisions: the Humber Zone, Central Mobile Belt and the Avalon Zone (Williams, 1978). The Humber Zone, underlying the north-western part of the island is separated from the south-eastern Avalon Zone by the Central Mobile Belt (Fig.2). The Humber Zone, with it’s Precambrian crystalline basement of late Grenvillian gneisses and plutonic rocks is overlain with Palaeozoic (Eocambrian to Ordovician )shelf facies clastic and carbonate rock sequences (Ermer, P. 1986 ). The Avalon Zone consists of a Precambrian basement of late Hadrynian meta-volcanic, meta-sedimentary and plutonic rock overlain by early Palaeozoic (Eocambrian to Ordovician) shallow marine sedimentary strata (Williams, H. 1972). The Central Mobile Belt records the formation, development and later destruction of the early Paleozoic ocean Impetus (Harland and Gayer, 1972). The Central Mobile belt is divided into the Dunnage Zone and the Gander Zone and consists of island/back-arc volcanic, sedimentary, amphibolites and plutonic rocks ranging in age from early Ordovician to Jurassic. The pre-Silurian rocks of this zone record the intra-oceanic events of island arc and back arc basins. Two geological sub zones, the Notre Dame and Exploits make up this zone. They are separated by a large terrain boundary, (The Red Indian Line) with the Notre Dame Sub zone to the west and the Exploits to the east. The Exploits sub zone represents remnants of the southeast flank of the Iapetus Ocean and is in contact and in part overlies the continentally derived sedimentary rocks of the Gander Zone. The sedimentary rocks of the Gander Zone are said to have been deposited at or near the eastern continental margin of the Iapetus Ocean (Colman - Sadd, 1980).

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Regional Geology

Northeast central Newfoundland is divided geologically into three major subdivisions. The Gander River Complex, The Davidsville Group, and The Botwood Group. ( Fig.3 ) The Gander River Complex is considered to be Late Cambrian or Early Ordovician ( Blackwood, 1982 ). The complex forms a discontinuous ophiolitec belt comprised of pyroxenite, serpentinite, magnetite, gabbro, talc-tremolite,mafic flows, volcaniclastics, trondjemite, and quartz feldspar porphry. The Middle Ordovician Davidsville Group consists of a back arc turbidity sequence of siltstone, shale, sandstone and conglomerate. Host to the property is The Botwood Group which is a thick terrestrial to shallow marine sedimentary and volcanic sequence, conformably overlying the Davidsville Group. The group is comprised of subareial mafic to felsic volcanics and volcanoclastics, overlain with grey to red ( locally micaeous and tuffaceous ) sandstone, conglomerate and siltstone (Currie, 1993 ). Regionally, the metamorphic grade is lower green schist, with higher grades locally. Structually the rock groups trend to the northeast and dip steeply north.

Property Geology

The Tote Brook property is adjacent to and partially within the Mount Peyton Intrusive Suite. This intrusive, consists dominantly of fine-grained, equigranular, massive to layered gabbro. The gabbro is is in turn intruded by buff to pink, leucocratic biotite granite. This Suite has been geophysically modeled as a number of inwardly dipping blocks that extend downward for five kilometers. Layered gabbro, in the southern part of the Mount Peyton Intrusive Suite, has been dated at 424+-2 Ma . The majority of the intrusive and younger leucocratic granite occurs further to the east but a small plug occurs just to the north of the property along the structure that is thought to be responsible for the known mineralization. Another, larger intrusive plug occurs to the south towards the Rolling Pond area. This again is thought to follow the same structure. Also partially occupying the western portion of the property is a long linear belt of late Ordovician to early Silurian siliciclastic rocks. This unit known as the Badger Group consists of a shallowing-upward sequence of deep-to-shallow-water marine conglomerates and sandstones. These pass gradually upward into the continentally derived red arkoses of the Silurian Botwood group. Within this group the Wigwam formation which is interpreted to be a terrestrial sequence dominated by fluviatile sedimentation approaches the property from the west but to date has not been identified within the property.

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Current Exploration Program and Results

A basic prospecting program was implemented within the property. The focus of the program was to locate the possible source of the epithermal style, low sulfidization 5.0 g/t Au discovery (historical). The sample was taken within what is now lic. 022573m along the edge of the highway. The sample consisted of angular quartz float from a very localized source, with hematite staining and no visible sulphides. Work was completed within lic. 022573m and the source was not located but, numerous low sulphidization epithermal style quartz boulders were located within the property, some were sampled and some were not sampled. No anomalous gold was found in these samples. A total of fifthteen samples were collected within the property. Samples consisted of angular epithermal textured quartz blocks and breccias from localized float. Only three of the samples collected were above the detection limit for gold. Sample (87191) was collected from the original (2006) discovery. Quartz breccia blocks from 5cm sq to 25cm sq can be found in the area, sample 87191 assayed 2.04g/t Au, 26.7g/t Ag with anomalous Cu, Mo, Sb and As. The second sample(87196) collected from this same area assayed 2.45g/t Au, 37.0g/t Ag with anomalous Cu, Mo, Sb and As. The other anomalous sample (87193) was collected from a 1m sq breccia block that contained mafic fragments, wispy band, silica bands, opal? and bladed quartz replacing calcite, this samples assayed 11ppb Au. No other anomalies were detected in the remaining samples.

Conclusions and Recommendations

The Tote Brook property was staked basically for its potential to host epithermal low sulfidization gold. Over the past nine years since the original discovery, this property has been subjected to a number of visits and during this time a number of samples have been taken. Unfortunately or fortunately depending on the perspective taken, the majority of these samples consisted off chalcedonic quartz and were very low or below the detection limit in gold values. Although somewhat disappointing, the fact that a couple of samples from a large brecciated quartz block have gold numbers approaching the 5g/t (historical) range is very encouraging. Another thing to consider is that all of the other samples 9present and historical)| were taken from chalcedonic epithermal quartz and breccias and if the system is true to the model then these samples would not be expected to carry gold values of any significance. Other areas around the property were also visited and more epithermal quartz float was located (not sampled). Again, almost all of the float located to date is

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chalcedonic in nature and when assayed (historically) revealed little if any gold. The thought is now that the float is derived from a large silica cap somewhere to the southwest. The presence of highly anomalous gold in one quartz block and the banding in several other large local blocks suggest that somewhere within or adjacent to the property there exists the potential of an epithermal low sulfidization gold system. Work will continue in trying to locate the source of the float. All boulders that have been discovered and any new boulders discovered will have to be sampled and examined for distinct differences and noted, pictures of all boulders and textures should also be documented from the boulders.

References

Taken from White, N C and Hedenquist,J W, 1994, Epithermal environments and styles of mineralization; variations and their causes, and guidelines for exploration, In: Epithermal gold mineralization of the Circum-Pacific; geology, geochemistry, origin and exploration; II.Siddeley-G (editor), Journal of Geochemical Exploration. 36; 1-3, Pages 445-474. 1990. Taken from the Metal Mining Agency of Japan’s publication “the story of a Successful gold exploration, the Hishikari gold deposit”, 1990. Taken from Butler, I, Murphy, T, and Parks, J, 1999, Vera South: Discovery History, Sydney Mineral Exploration Discussion Group, http://www.smedg.org.au/Sym99vera.htm 6 Taken from: Albinson, T, Norman, D.I., Cole, D., Chomiak, B, 2001, Controls on Formation of Low-Sulphidation Epithermal Deposits in Mexico: Constraints from Fluid Inclusion amd Stable Isotope Data, In: Albinson, T. and Nelson, C.E., eds., Society of Economic Geology Special Publication 8, p. 1-32. Taken from: High Grade Epithermal Gold Mineralization-The Hishikari Gold Deposit, Resource Geology Special Issue, No.14, 1993

Colman-Sadd, S.P., Hayes, J.P. and Knight, I. 1990: Geology of the Island of Newfoundland. Newfoundland Department of Mines and Energy, Geological Survey Branch Map 90-01. Colman-Sadd, S.P. and Crisby-Whittle, L.V.J. (Compilers), 2002: Partial bedrock geology dataset for the Island of Newfoundland (NTS 2E, 12H, 12G and parts of 1M, 2D, 2L, 11P, 12A, 12B, 12I). Open File NFLD/2616 Version 4.0.

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Currie, K.L., 1995: The northeastern end of the Dunnage Zone in Newfoundland, Atlantic Geology, volume 31 pp 25-38. Davenport, P.H. 1988: The use of multi-element neutron activation analysis of organic lake sediment in geochemical exploration for gold. In Current Research. Newfoundland Department of Mines and Energy, Geological Survey Branch, Report 88-1, pages 403-414. Davenport, P.H., Nolan, L.W. and Honarvar, P. 1994: Geochemical Atlas of the Island of Newfoundland. Newfoundland Department of Mines and Energy, Geological Survey Branch open file NFLD/2355, scale 1:1,000,000. Evans, D.T.W., 1996: Epigenetic gold occurrences, eastern and central Dunnage Zone, Newfoundland (NTS 1M, 2D, 2E, 2F, 11P, 12A, 12H) 135 pages Map 96-21 Epigenetic gold occurrences, eastern and central Dunnage Zone Evans, D.T.W., (editor), 1999: Volcanogenic massive sulphide and gold mineralization, northern and central Dunnage Zone, Newfoundland, Prepared for North Atlantic Minerals Symposium, 1999. Open File NFLD/2697.

Swinden, H.S., Evans, D.T.W., Kean, B.F., 1991:. Metallogenic framework of base and precious metal deposits, central and western Newfoundland, (Field Trip 1). Geological Survey of Canada Open File 2156. Taylor, D.M. 2001: Newfoundland and Labrador striation database. Open File NFLD/2195Version 4. Williams, H. 1978.: Tectonic lithofacies map of the Appalachian Orogen. Memorial University of Newfoundland. Map 1 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, No. 6 pp. 142-166 Squires, G C 2005: Gold and antimony occurences of the exploits subzone and gander zone: a review of recent discoveries and their interpretation. In Current Research, Mineral Deposits Section, Department of Natural Resources, Government of Newfoundland and Labrador Report 05-1, pages 223-237. Williams, H 1964: Geology, Botwood, Newfoundland. Geological Survey of Canada, Preliminary Map, No. 60-1963 [GSB# 002E/0115]

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Williams H. 1978: Tectonic Lithofacies of the Appalachian Orogen: Memorial University of Newfoundland, Map 1

Williams, H. 1972: Stratigraphy of the Botwood map area, northeastern Newfoundland. Geological Survey of Canada, Open File 113, 103 pages Harland, W.B, Gayer, R. A., 1972: The Artic Caledonides and Earlier Oceans: Geol. Mag., Vol. 109, p289-314. Colman-Sadd, S.P, 1980: Geology of south central Newfoundland and evolution of the eastern margin of Iapetus: American Journal of Sci. Volume 280, p. 991 - 1017.

14

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Fig.1 Property Location

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Fig. 2 Newfoundland Geology

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Fig. 3 Local Geology

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Fig. 4 Regional Geology

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Fig. 5 Sample Location Map

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Appendices

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Appendix I

Expenditures

Personnel Man days $

TOTAL

Prospectors Prospecting, Research &

Report Writing $3,700.00

Eddie Quinlan 9 $900.00

Roland Quinlan 7 $2,800.00

Expenses & Rentals Meals, trucks & etc. $2,640.00

Truck Rental 16 days @ $60 $960.00

ATV Rental 6 days @ $40 $240.00

Gas $960.00

Meals 16 day @ $30 $480.00

Analytical Costs Samples $755.00

Assaying, Preparation,

Transportation & Shipping 15 $755.00

Subtotal $7,095.00

15% overhead $1,064.25

Grand Total $8,159.25

Required Assessment ($) $800.00

Excess (Deficit) ($) $7,359.25

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List of Personnel & Contractors

Personnel

NAME LOCATION TITLE

Eddie Quinlan Birchy Bay, NL Prospector

Roland Quinlan Birchy Bay, NL Prospector

Contractors

NAME LOCATION DESCRIPTION/TITLE

Quinlan Prospecting Inc. Birchy Bay, NL Prospector Supplier

Eastern Analytical Ltd Springdale, NL Geochemical Laboratory

DRL Coachlines Lewisporte, NL Sample Shipping

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Appendix III

Analytical Certificates

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Appendix IV

Sample Descriptions

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Sample # Northing Easting Licence # Sample Type Sample Description

87149 5410932 609626 22573m angular float epithermal breccia, granitic frags, orange carb, vuggy, multi-episode veining and brecciation, no sulphides

87150 5410932 609626 22573m angular float epithermal breccia, granitic frags, orange carb, vuggy, multi-episode veining and brecciation, no sulphides

87184 5410867 609535 22573m angular float epithermal breccia, granitic frags, orange carb, vuggy, multi-episode veining and brecciation, no sulphides

87185 5410868 609539 22573m angular float epithermal breccia, granitic frags, orange carb, vuggy, multi-episode veining and brecciation, no sulphides, 25cm sq

87186 5410879 609542 22573m angular float epithermal breccia, granitic frags, orange carb, vuggy, multi-episode veining and brecciation, no sulphides, 0.5m sq

87187 5410887 609558 22573m angular float epithermal breccia, granitic frags, orange carb, vuggy, multi-episode veining and brecciation, no sulphides

87188 5410871 609437 22573m angular float epithermal breccia, sil mafic frags, carb, vuggy, multi-episode veining and brecciation, layered

87189 5410871 609437 22573m angular float epithermal breccia, sil mafic frags, carb, vuggy, multi-episode veining and brecciation, layered, 1m sq

87190 5410888 609334 22573m angular float epithermal breccia, mm size mafic frags, sil, carb, vuggy

87191 5410896 609321 22573m subcrop epithermal breccia, min mafic frags, hematite stained, trace py, minor vugs, 35cm sq

87192 5410820 609332 22573m angular float epithermal breccia, no carb, min mafic frags, multi-episode veining and brecciation, min vugs, 0.5m sq

87193 5410594 609335 22573m angular float epithermal breccia, min carb and mafic frags, typical epithermal textures, 1m sq

87194 5410594 609335 22573m angular float highly sil mafic (?), 1% diss py, fractured, rusty, carb, 30cm sq

87195 5410551 609386 22573m subcrop epithermal breccia, min vugs, laminated, mafic rich sections, 20cm wide

87196 5410888 609334 22573m subcrop 2nd sample from Au boulders, less py, hematite, mafic frags