18
RECEIVED NOV 2 1 20G3 GEOSCIENCF ASSESSMENT OfFICE REPORT ON GEOLOGICAL MAPPING IN TH SANTA MARIA AREA GILLIES TOWNSHIP, ONTARIO November, 2003 For Cabo Mining Corp Seymour Sears, P.Geo. 31M05SE2057 2.26687 GILLIES LIMIT 010

GEOSCIENCF ASSESSMENT OfFICE - Ontario

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Page 1: GEOSCIENCF ASSESSMENT OfFICE - Ontario

RECEIVEDNOV 2 1 20G3

GEOSCIENCF ASSESSMENT OfFICE

REPORT ON GEOLOGICAL MAPPINGIN TH SANTA MARIA AREA

GILLIES TOWNSHIP, ONTARIO

November, 2003

For Cabo Mining Corp

Seymour Sears, P.Geo.

31M05SE2057 2.26687 GILLIES LIMIT 010

Page 2: GEOSCIENCF ASSESSMENT OfFICE - Ontario

11

TABLE OF CONTENTS

Page

OVERVIEW . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . iINTRODUCTION AND LOGISTICS . . . . . . . . . . . . . . . . . lPROPERTY LOCATION AND ACCESS . . . . . . . . . . . . . . . . lTOPOGRAPHY AND VEGETATION . . . . . . . . . . . . . . . . . . lEXPLORATION HISTORY . . . . . . . . . . . . . . . . . . . . . . . . lREGIONAL AND PROPERTY GEOLOGY . . . . . . . . . . . . . lWORK PROGRAM AND RESULTS . . . . . . . . . . . . . . . . . . 5CONCLUSIONS . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . 6REFERENCES . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7

TABLE OF FIGURES

FIG 1: LOCATION MAP . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2FIG 2: CLAIM MAP . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3FIG 3: REGIONAL GEOLOGY MAP . . . . . . . . . . . . . . . . . . . 4

APPENDIX

Assay Data . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Appendix IGeological Map of Stripped Area SAN-1 . . . . . . . . . . . . . . . . . Appendix II

Page 3: GEOSCIENCF ASSESSMENT OfFICE - Ontario

OVERVIEW

The Santa Maria Property of Cabo Mining Corp. is located within the Cobalt Silver mining camp in northeastern Ontario (Figure 1). The property, located in Gilles Limit North Township (Figure 2), is part of a large land holding scattered through five Townships in the Cobalt area. The property contains numerous pits, trenches and shallow shafts dating back to the early 1900's in search of cobalt and silver. An area that was exposed by earlier workers was manually cleaned and remapped on November 9th to examine the nature of the mineralization in this area.

This report presents the results from mapping of this area which is in the immediate vicinity of a 1400 - 2005 Ib silver nugget discovered in the 1920's and is currently on display at the MNDM office building lobby in Sudbury, Ontario.

Sudbury, Ontario November, 2003

SiwnourJLL.SEYMOUG4mO^JI1EU,io Mri'/BEF!

0413

Page 4: GEOSCIENCF ASSESSMENT OfFICE - Ontario

INTRODUCTION AND LOGISTICS

This work report on geological mapping within Claim 1098668, part of the Gillies Limit Property (Figures 1,2), has been prepared on behalf of Cabo Mining Corp. of Vancouver, British Columbia. The content of this report is based on personal mapping by the author with the assistance of S. Wareing of North Cobalt, Ontario.

PROPERTY LOCATION AND ACCESS

The work was completed on claim 1098668 in the southeastern part of Gillies Limit Township, Larder Lake Mining Division, Ontario. The claim is shown on Figure 2, a portion of claim Index Map G - 3429.

The claims are accessed by an old road that departs from the town of Cobalt and passes around the North side of Genove Lake, towards Silver Lake and ultimately to Santa Maria (approximately 9 km).

TOPOGRAPHY AND VEGETATION

Maximum relief in the area near the stripping is approximately 20 meters. Topography is generally rolling with local steep ledges and cliffs. Most of the forest cover in this area is popular and local mixed forest. Drainage is towards the west into the Montreal River.

EXPLORATION HISTORY

Previous work in the Santa Maria area includes: trenching, pitting and prospecting in the early 1900's leading to the discovery of a large silver nugget in the 1920's. Very little information is available from this period.

During the period from 1946 to 1960, Santa Maria Mines Ltd. carried out trenching and sampling and drilled 16 holes in the general area, although assay data is lacking.

In 1997 Wabana Explorations Ltd. carried out prospecting and limited stripping in the immediate area of the reported silver nugget. They collected 26 rock samples. Since that time, Cabo Mining Corp. has flown a regional scale geophysical survey covering this claim.

REGIONAL AND PROPERTY GEOLOGY

The area is located in the southern part of the Cobalt mining camp and north of the Silver City mining camp and thus has not been well studied. It was mapped by the Ontario Geological Survey in 1990 (Born and Hitch, Map 2551). The stripped area is within an inlier of Archean volcanic rocks. This inlier is bounded on the northeast side by the Lorrain Granite Batholith and on the southwest and south by a Nippissing Diabase sill. On a regional scale these Archean inliers occur within extensive areas of Huronian sedimentary rocks. Several types of Lamprophyre crosscut the Archean rocks in the Cobalt area.

Page 5: GEOSCIENCF ASSESSMENT OfFICE - Ontario

Manitoba

Corp. Cobalt Project

Cabo Mining Corp. Cobalt Area Project

JW mile t

a400 tom

Sears, Bony 8r Associates Limited

Figure 1: Regional Location Map of Ontario

Page 6: GEOSCIENCF ASSESSMENT OfFICE - Ontario

jrj [if a: ^ - ;f-^-VCfv 4v^; ' 'vAj iriftWfYicSn^'.;; ^u.JSaL-.L^ 'V--

irr^

f Fig. 2 Claim Map ( part of G-3429) Gillies Limit North Township ||^..

Page 7: GEOSCIENCF ASSESSMENT OfFICE - Ontario

Fig. 3 Regional Geology Map. Part of Bay Lake Area (Eastern Hali) Map 25514

Page 8: GEOSCIENCF ASSESSMENT OfFICE - Ontario

WORK PROGRAM AND RESULTS

The Santa Maria trenches were located earlier by S. Wareing. The work program involved minor clearing and manual stripping, chaining in a grid and sampling (5 samples). The results from the mapping as well as trench outlines are shown on Figure S AN-1 (scale l :200).

The following Table presents rocks found in the stripped areas.

Table of Lithologies

PRECAMBRIAN

Unit 1) Intermediate to Mafic Metavolcanic Rocks: Pale grey to dark green; fine to medium to coarse grained; massive to pillowed; placed in two subtypes:

la) Massive Flows: generally dark grey green, medium to coarsegrained; may in some instances be gabbroic intrusive rocks; rarepyrite as coarse patches; variably deformed, chloritic,

l b) Pillowed Flows: typically light grey green to dark green; fine torarely medium grained; pillows from 20 cm to several metres insize; margins locally contain chlorite, calcite, pyrite.

le) Chlorite Schist: grey to grey green; highly silicified, cherty appearance; sulphidized. lg) Gabbro (intrusive); dark grey green, medium to fine grained, weakly deformed, l h) Breccia: angular fragments to 5 mm in a fine grained chloritic, carbonated matrix;

may be fault related to underlying diabase sill.

Quartz-Carbonate Vein: Narrow (5 cm - 30 cm) breccia and layered vein with bronze coloured medium to coarse pyrite grains and hairline sized sulphide streaks.

The area stripped is underlain by Archean Mafic to intermediate volcanic rocks. These have been locally sheared, silicified and brecciated. Sulphides, include pyrite, chalcopyrite and sphalerite, occur in amounts up to WYo locally within the sheared and silicified zones. Three old pits located within the north part of the stripped area focussed on these sulphide zones.

Approximately midway down the stripped area, two narrow quartz-carbonate veins appear to have been missed by earlier workers. These veins are now weathered and easily recognized. The veins are typical Cobalt type veins, displaying both layer and breccia textures. They contain disseminated, bronze coloured pyrite grains and a network of hairline veinlets with sulphides.

Five samples were collected, two from the larger carbonate veins and three from the sulphide bearing sheared zones. The locations are plotted on Map S AN-1, and the results in Appendix I.

Page 9: GEOSCIENCF ASSESSMENT OfFICE - Ontario

CONCLUSIONS

The sulphide zones at Santa Maria represent a secondary, possible base metal target. The quartz carbonate veins, although narrow where exposed, are typical Cobalt type silver targets.

Numerous old, overgrown trenches occur along strike towards the west from the area mapped. An excavator should be used to follow the quartz-carbonate and sulphide zones in this direction.

Respectfully ^ubmitted,

Page 10: GEOSCIENCF ASSESSMENT OfFICE - Ontario

REFERENCES

Lovell, H.L., and de Grijs, J.1978: Lorrain Township, Southern Part, Concessions I to VI, District of Timiskaming;

Ontario, Geological Survey Preliminary Map, P1559; Scale 1:15,840.

Nicholson, J1999: Report of Prospecting and Geochemical Surveys on the North Cobalt Property;

an Assessment Report for Cabo Mining Corp.

Sears, S.M. 2002 a: Drill Hole Logs, Holes CC-13 8i CC-14, Pan Lake Grid - Lorrain Twp.,Cobalt

Area Project, Assessment Report for Cabo Mining Corp. 2002 b: Results from Microdiamond Analysis, Holes CC-13 fe CC-14, Pan Lake Area -

Lorrain Twp., Cobalt Area Project Assessment Report for Cabo Mining Corp. 2002 c: Report on Trenching and Till Sampling on the Pan Lake/Anderson Lake

Property - Lorrain Twp., Cobalt Area Project Assessment Report for Cabo MiningCorp.

2002 a: Report on Trenching, Prospecting and Till Sampling for Lamprophyre on thePan Lake - Anderson Lake Property, Lorrain Twp., Cobalt Area AssessmentReport for Cabo Mining Corp.

2002 b: Summary Report on the Cobalt Area Exploration Project for Cabo Mining. 2003: Report of a Stripping and Mapping Program in the Pan Lake Area, Lorrain Township,

Ontario Thompson, R.

1960: Preliminary Report on Bucke Township, District of Timiskaming, Description ofProperties. Ontario Department of Mines Report, P.R. 1960-2.

1963: Cobalt Silver Area, Northern Sheet. Ontario Department of aMines Map 2050,Scale 1:12,000.

Assessment Files of the Ontario Geological Survey, Larder Lake Office.

Page 11: GEOSCIENCF ASSESSMENT OfFICE - Ontario

Appendix I

Assay Results

Page 12: GEOSCIENCF ASSESSMENT OfFICE - Ontario

*^N ^P^IJ^WI^^P^F^BP ^P. '^PR^M*P^Prf*mP ^^^IpfF^Smi ,A DIVISION OF ASSAY LABORATORY SERVICES INC. MINERAL ASSAY DIVISION

1070 LITHIUM DRIVE, UNIT 2 THUNDER BAY, ONTARIO P7B 6G3 PHONE (807) 626-1630 FAX (807) 623 6820 EMAIL [email protected] WEB www.aocurassay.coin

Certificate of AnalysisWednesday. November 19,2003

Cabo Mining Corp. Suite 20-289 Cedar St. Sudbury, ON, CAP3B1M8Ph#:Fax*: (705) 560-0286Email

Data Received : 17-Nov-03 Date Completed :

Job #200341661 Reference :Sample*: 12 Rock

Accurassay#

70450

70451

70452

70453

70454

Client Id

211951

211952

211953

211954

211955

Au ppb-5

19

59

l*

Pt Pd Rh Ag Co Cu Fe Nl Pb Zn ppb ppb ppb ppm ppm ppm ppm ppm ppm ppm

3

3

4

2

Page! of lHMuRs Included on Kite raport ivloto only to ttw Item* t****dTtM Csrtiflcate or An#(ytis *hould not to rtproducAd excegt m 'uii, without the written

Page 13: GEOSCIENCF ASSESSMENT OfFICE - Ontario

TOgf 'i. i W*! iwm^pw anwPW!|PpWP*0r

^^ ^Bp'"^i^^^BplBl^^B' ^w ^B^^WI^^W~^^P ^^^^af^^*^F ^ DIVISION OF ASSAY LABORATORY SERVICES INC. •~^;?.--~ MINERAL ASSAY DIVISION (^^1070 LITHIUM DRIVE, UNIT 2 THUNDER BAY, ONTARIO P7B 6G3 PHONE (807) 626-1630 FAX {607} 623 6820 EMAIL [email protected] WEB www.fi.scjrHssay.cor

Certificate of AnalysisWednesday. November 19, 2003

Cabo Mining Corp. Suite 20-289 Cedar St. Sudbury, ON, CAP3B1M8Ph*Fax*; (705)560-0286Email

Date Received : 17-Nov-03 Date Completed :

Job #200341661 Reference :Sample*: 12 Rock

Accurassay #

70450

70451

70452

70453

70454

Client Id21J951

211952

211953

211954

211955

Auppb•-5

19

59

R Pd Rh Ag Co Cu Fe Ni Pb Zn ppb ppb ppb ppm ppm ppm ppm ppm ppm ppm

AL4A8.AL4ICPAR ) Page 1 of l rMtHtf IncludwJ on thl* wppit mtato only to ttm Item* t****d

Th* C*,-tflc*te or An*lysl* thould not bo rtprodueM enoept in full, wtthout the wrnt*n

Page 14: GEOSCIENCF ASSESSMENT OfFICE - Ontario

Appendix II

Geological Map of stripped Area S AN-1

Page 15: GEOSCIENCF ASSESSMENT OfFICE - Ontario

5239940 N

H Ti \

sheared zone with su*

80"to 85"

ilphides

5m

CLfMM

sheared zone with splphides

5239940N

10 to 30cm wide, pinching towards east, relatively vertical, quartz -carbonate vein with disseminated bronze coloured pyrite

211SB5

narrow (8cm) fault, with carbonate, breccia, pyrite

- 523990Q

LegendPrecambrianEarfy Proterozoic11 QUARTZ CARBONATE VEIN

Archeanl MAFIC io INTF.RMEDIATH MKTAVOLCANIC ROCKS

1) Undividedl a) Massive Flowl b) Pillowed Flowk) Chlorite Schistlg) Gabbro (Intrusive)l h) Breccia

5239900N -

Symbols

a Shaft Q Pits X Trench(es)

Veins (Cobalt Type) -j Geological Contact

(observed: assumed)

Q Float (ore) O O Prospect (major, minor) S Drill Holc(s) ^ Adit (Underground Workings)

Fault wo r- fi csO SO

CABO MINING CORP.Cobalt Area Project

(Gillies Limit North Township, Ontario)

Stripped Area S AN-1

Geology

Page 16: GEOSCIENCF ASSESSMENT OfFICE - Ontario

ONTARIO MINISTRY OF NORTHERN DEVELOPMENT AND MINES

Transaction No:

Recording Date:

Approval Date:

W0380.01829

2003-NOV-21

2003-NOV-21

Work Report Summary

Status: APPROVED

Work Done from: 2003-NOV-09

to: 2003-NOV-21

Client(s):

302234

302646

Survey Type(s):

SIMPSON, MURRAY D

WAREING, SIMON KEITH

ASSAY GEOL

Work Report Details:

Claim*

L 1098668

L 1225720

Perform

51,353

SO

Perform Approve

31,353

SO

Applied

SO

S366

Applied Approve

SO

S366

Assign Assign Approve

S366

SO

366

0

Reserve

5987

SO

Reserve Approve

S987

SO

Due Date

4-APR-02

SO 2003-NOV-24 E

51,353 51,353 S366 5366 S366 5366 5987 5987

External Credits:

Reserve:

so

5987 Reserve of Work Report#: W0380.01829

5987 Total Remaining

Status of claim is based on information currently on record.

31M05SE2057 2.26687 GILLIES LIMIT 900

2003-Dec-02 11:38 Armstrong_d Page 1 of 1

Page 17: GEOSCIENCF ASSESSMENT OfFICE - Ontario

Ministry ofNorthern Developmentand Mines

Date: 2003-NOV-24

Ministere du Developpement du Nord et des Mines Ontario

GEOSCIENCE ASSESSMENT OFFICE 933 RAMSEY LAKE ROAD, 6th FLOOR SUDBURY, ONTARIO P3E 6B5

MURRAY D SIMPSON 47 HILLVIEW, BOX 54 LATCHFORD, ONTARIO POJ1NO CANADA

Tel: (888) 415-9845 Fax:(877)670-1555

Dear Sir or Madam

Submission Number: 2.26687 Transaction Number(s): W0380.01829

Subject: Approval of Assessment Work

We have approved your Assessment Work Submission with the above noted Transaction Number(s). The attached Work Report Summary indicates the results of the approval.

At the discretion of the Ministry, the assessment work performed on the mining lands noted in this work report may be subject to inspection and/or investigation at any time.

If you have any question regarding this correspondence, please contact STEVEN BENETEAU by email at [email protected] or by phone at (705) 670-5855.

Yours Sincerely,

/P.Ron C. Gashinski

Senior Manager, Mining Lands Section

Cc: Resident Geologist

Seymour M Sears (Agent)

Assessment File Library

Murray D Simpson (Claim Holder)

Murray D Simpson (Assessment Office)

Simon Keith Wareing (Claim Holder)

Visit our website at http://www.gov.on.ca/MNDM/LANDS/mlsmnpge.htm Page: 1 Correspondence 10:18896

Page 18: GEOSCIENCF ASSESSMENT OfFICE - Ontario

31M05SE2057 2.26687 GILLIES LIMIT 200

toooooe

0240000N

MOOOCE

UTM Zone t r 5000m arid

Those wishing to alike mining claims should consult with the Provincial Mining Recorders' Office of the Ministry of Northern Development and Minee for additional General Information and Limitations Information on the status of the lands shown hereon. This map lg not Intended for navigational, survey, or land title determination purposes as the Information Contact Information: shown on this map Is compiled from various sources. Completeness and accuracy are not guaranteed. Additional information may also be obtained through the Provincial Mining Recorders' Office local Land Titles or Registry Office, or the Ministry of Natural Resources.

The Information shown is derived from digital data available In the Provincial Mining Recorders' Office et the time of downloading from the Ministry of Northern Devetopment and Mines web site,

This map may not show unregistered land tenure and interests inToil Free Map Datum: NAD 83 i""1 Including certain patents, leases, Basements, right of ways, Tel: 1 (888) 4154846 ex! 67ffcjection: UTM (8 degree) flooding rights, licences, or other terms of disposition of rights and

Willet Oreen Miller Centre 933 Rameey Lake Road Fax: 1 (877) 670-14*4 Topographic Data Source; Land Information Onterio Interest from the Crown. Also certain land tenure and land uses Sudbury ON PJ6 888 Mining Land Tenure Source: Provincial Mining Recorders' Office tnal feeMct or prohibit free entry to stain mining daims may not be Home Page: www.mndm.gov.on.ca/MNDM/MINES/LANDSrrnlsmnpge.htm Illustrated.

ONTARIOCANADA

MNMTltV OF NORTMIRN DEVELOPMENT AND MM*

PROVINCIAL winino RI eoRocri ornoe

Mining Land Tenure Map

Data/Time of Issue: MonNov24 11:21:24 EST 2003

TOWNSHIP l AREA PLAN GILLIES LIMIT NORTH G-3429

ADMINISTRATIVE DISTRICTS l DIVISIONS

Mining DivisionLand Titles/Registry DivisionMinistry of Natural Resources District

Larder Lake TIMISKAMING NORTH BAY

TOPOGRAPHIC

Adrntalitrsllve Boundaries

f""~i Township

; Conoeltion.Lol

[gj Provincial Park

jK| Indian Reserve

i"": Cmr.PltiPlle

m

A

Contour

MJmBhete

Mine Headrreme

Railway

Road

Trail

Natural Out Pipeline

Unites

Towsr

Land Tenure

Freehold Patent

l,' Surface And MMng Rlgm

| 4 Surface Rlghli Only

|Tg Mining RlgnU Only

Leatshttd PaUnl

rg] Surf** And Mining Mgntt

("y] Surface Righii Only

l"~' MMng Rlgnti Only

licence of Occupation

GOmE ISH E3

(MW7

UwsNol Specified

Surface And Mining Rlgntt

Surface Rights Only

Mining RigMi Only

LandUMParmli

Order In Council (Not open fbrstaWog)

Water Power L SIM Agreement

Mining Claim

FHed Only Mining Claims1234(6?

LAND TENURE WITHDRAWALS

Wim SurtKiAndMlnincRigMtWMrtwnWB SutKxnigkliOnlyVWhilravin Wm MMng Rlglw Only WHMrmrr

Order In Council WKndrawal Types Wain BuHbce And Mining K^bWIMmrn W'l W"m

IMPORTANT NOTICES

•ule t-.UHt

IMm Mkel

LAND TENURE WITHDRAWAL DESCRIPTIONSIdentifier Type Date Dewrlptlen

Wtm JullO, 2001 *-DISCREPANCIES IN TOWNSHIP FABRIC-Claim etaUng In thaw townMilpa m4862 Wwn Jan 1,2001 acODINO H.E.P.C, ELEVATION; 7B8.BO FT L.O. 76884654 Warn Jan 1,2001 400 FT SURFACE RIQHT8 RESERVATION ALONO THE SHORES OF ALL LAKE4859 Wirn Jan 1, 2001 400 FT SURFACE RIGHTS RESERVATION ALONO THE SHORES OF ALL LAKECon Reserve Wm Apr 6, 2001 Cliff Lake Conservation ReserveW-L-66/66 Wtm 8*617.1996 BEC.3S 1990 W4.-86798NER 17W9/96 MSSVM..56Y96 Wt S*p17.1998 SURFACE RIGHTS WITHDRAWN FROM STAKING PROSPECTING BY ORDER VW-L-58/66 W* Sap 17.1696 W-L-58/66 MER SEPT 17/96 SRO ONT HYDROW-ONT-63/B8 Wtm Sep 17,1648 SBC 35/90 W-ONT-93/ae SfPT 17/98 M+S - Notlcw, this withdrawal arm hae no*