Ontex Resources Limited. Power Stripping/ … Resources Limited. Power Stripping/ Sampling ... ,,."' *- -.Black.dots represent GPS points at ends ... although almost two meters apart

Ontex Resources Limited.

Power Stripping/ Sampling Report

Southern Knox Lake Area Irwin Township

Northwestern Ontario

NTS: 42-E-12

October 2003 A. ChilianGeological Consultant Ontex Resources Limited

42E12NW2022 2.26483 IRWIN 010

Ontex Resources Limited.

Power Stripping/ Sampling Report

Southern Knox Lake Area Irwin Township

Northwestern Ontario

NTS: 42-E-12

o r* -

RECEIVEDri s** i j ri infi 1"1vK. 5 jf o /UU.-?

GEOSCIENCE; ASSESSMENT OFFICE --1--1-.

October 2003 A. ChilianGeological Consultant Ontex Resources Limited

ONTEX RESOURCES LIMITED SOUTHERN KNOX LAKE AREA

Table of Contents

Location and Access.......................................................................3

Property Outline ..............................................................................3

Property Tenure ..............................................................................6

Previous Work................................................................................. 7

Personnel and Dates of Work .........................................................7

Property Geology and Significance.................................................8

Observations................................................................................... 8

Conclusions ..................................................................................10

References.................................................................................... 11

List of Tables

Table 1: Claims + Excavations per Claim

List of Figures

Figure 1: Location Map

Figure 2: Trench Locations

Figure 3: Foliation Trends of Excavated Areas

Seven Individual Trench Maps (in pockets)

-2-


Location and Access

The property is located northeast of Beardmore, Ontario (Fig 1). Locally all of the work

was performed within Irwin Township on leased claims that are north east of the village

of Beardmore, Ontario. Beardmore is a railroad/forestry town located on Highway 11

approximately 180 kilometers northeast of the city of Thunder Bay in the district of

Thunder Bay. Beardmore provides all required service for mineral exploration in the

area. The property is accessed by travelling east of Beardmore for fifteen kilometers on

Highway 11 to the Windigokan Lake Road turnoff. Travel north for 12 kilometers to the

Brookbank property and then 1.5 kilometers west on an ATV trail to the excavations.

Property Outline

Power stripping, was completed on seven locations (A to G) between Knox Lake and

Windigokan Lake, Irwin Township, Ontario (Fig 2). Zone A is the most northern trend

comprising Trench A, B and C; Zone B is the central trend comprising Trenches D and

E; and Zone C is the southern most trend comprised of Trenches F and G.

-3-

BeardmonB

Manftouwadge

o l

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Scale

100 l

150 200 l

Km

ONTEX BESOUBCES INC.

•Rwaa aar MKK. WORIHKHBW omwn

L-SOMf UQaKM MM'

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Bench LocationsThunder Bay District ,

Irwin Township, Ontario

\ X ,,-- x^ t ' -^

,,."' *- -.Black.dots represent GPS points at ends of trenches

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Property Tenure

The survey covered 3 leased mining claims recorded in good standing in the District of

Thunder Bay. All the claims lie within Irwin Township (G-164) and are recorded in the

names of both Metalore Resources Limited (260Xo) and Ontex Resources Limited (7407o).

The work completed by Ontex Resources Limited is part of an earn-in agreement

between the two companies.

The claims and the total excavations per claim are listed in Table 1.

Table 1: Claims St Excavations/ClaimCLAIM # TOTAL

TB 27248

TB 24846

TB27416

1

2

4

-6-


Previous Work

While numerous programs for gold exploration have been ongoing since 1985 in the

Brookbank camp, the main exploration in the vicinity of the power-stripping program

includes:

1985: Geological mapping and sampling by B. Kowalski for Metalore Resources Limited

2001: Power stripping (as close as 100 meters east of Zone B, Trench D) which

yielded 7.44 gm Au/ton from a four kilogram grab sample.

Personnel and Dates of Work ^ :

Power stripping occurred from July 7 to July 16 (10 hrs/ day minimal) in the west Irwin

Township area as shown on accompanying map sheet. Only bucket washing of outcrop

was conducted in this area as intermittent downpours allowed fairly good cleaning of

outcrop following excavation activities.

Marc Cote (Cote's Backhoe Service) was contracted by Ontex Resources Limited to

conduct power stripping and trenching in the Irwin Township area. Marc Cote utilized a

tracked CASE Drott 50 excavator with re-enforced 1.2 yard bucket from his equipment

park in Jellicoe, Ontario, 45 minutes from the Ontex/Metalore property boundaries.

The geologist spent two days in the field in preparation for the excavator to power strip

particular areas. Old ^ 50 year) debris-covered blast pits were first located, and easily

accessible routes, through swamps and up S down various rock and sand grades were

planned out so that maximum time would be spent on power stripping. Armen Chilian,

the author of this report, is solely responsible for the sampling and mapping of these

excavations, which he supervised.

-7-


Property Geology and Significance

The area south of Knox Lake is underlain by east west trending mafic volcanics and

minor gabbroic intrusives. These rock units are part of the Archean suite of the

Beardmore-Geraldton Greenstone Belt. Regionally, this gold bearing greenstone belt is

comprised of a sequence of mafic to intermediate volcanics with distinctive clastic

sedimentary packages. The contacts between the volcanic and sedimentary facies are

frequently marked by regional fault or shear structure known to be important to the

genesis of the gold deposits.

The main purpose of excavation was to investigate three dilatant zones that occur south

of the main Cherbourg mineralized zone. The Cherbourg mineralization zone, which is a

shear zone hosted silicification and pyrite enriched zone occurring solely within mafic

volcanics contains an inferred resource estimate of 215,000 tons grading 6.8 g/t

(47,000 contained oz Au) and an indicated resource estimate of 133,000 t grading 7.2

g/t ( 30,800 contained oz Au). The Cherbourg zone was used as a model for mineral

exploration since it is one of many shears that occur within a package of regionally

metamorphosed (chlorite/epidote predominant alteration) weakly to moderately foliated

mafic volcanic.

These three southern zones occur in an area that appears to have been influenced by

north-south stresses. Previous sampling by B. Kowalski in a 1985 geological survey in

this area yielded values as high as 1.89 oz Au l ton.

Observations

Figure 3 shows the cumulative results of plotting GPS locations for both points of each

trench and noting the strike and dip of foliation. Not only are high grade ^0.30 oz

Au/ton) values encountered in the sampled zones but by and large a vertical to northern

dip is also attributed to each of these zones. The northern dip is significant because

r r c

Foliation Trends of Excavated Areas

\

Thunder Bay District .-- Irwin Township, Ontario

- General orientation of Trench from OPS data- displaying dip of foliation

R* 3


due to drilling of the Cherbourg zone (to the north) it is a well-established fact that it dips

south.

On surface it would appear that the thickest area of mineralization occurs on the 'B 1

Zone in Trench D, which is 1.2 meters in true thickness. On one side of this zone, two

samples (5365 and 5366) yielded values of 22.49 and 38.5 gms Au/ ton respectively.

Gold values are also consistent within each trench area. It appears for example that in

Trench D values are at a higher grade level than say in Trench E, although similarly

high. And in Trench G, the two samples (5374 and 5375), although almost two meters

apart yield 11.02 and 12.82 gms Au/ ton respectively. Again in Trench A samples 5354,

5355 and 5356, although each is separated by several meters from the other, they yield

relatively the same value of gold (8.16, 9.45 and 9.81 gms Au/ton respectfully).

Conclusions

It would be reasonable to predict that perhaps both the shearing and mineralized

silicious zones to the south would converge at depth with the Cherbourg zone (to the

north). Thus significant discover could be potentially waiting at depth in this area.

Either channel sampling or very short and shallow drilling could confirm widths over

which high grade values occur.

-10-


REFERENCES:

Assessment Files, Thunder Bay North Regional Resident Geologist's District, Ontario Ministry

of Northern Development and Mines, Thunder Bay Regional Resident Geologist's Office,

Thunder Bay, Ontario.

Laird, H.D. 1936. The western part of the Sturgeon River area (Sturgeon River-Beardmore

section); Ontario Department of Mines, Vol.45, pt.2, p.61-117 (published 1937). accompanied by

Map No. 45a, scale l :63 360.

1975. Geology of Dorothea, Sandra and Irwin Townships, District of Thunder Bay; Ontario

Division of Mines, GR122, 83p. Accompanied by Map 2294, scale 1:31 680.

Mason, J .K. and McConnell, C.D. 1982. Gold mineralization in the Beardmore-Geraldton Area;

in Geology of Gold in Ontario, Ontario Geological Survey, Miscellaneous Paper 110.

Mason, J.K. and White, G.D. 1986. Gold occurrences, prospects and deposits of the Beardmore-

Geraldton area, Districts of Thunder Bay and Cochrane; Ontario Geological Survey, Open File

Report 5630, 680p., 21 figures, 11 tables and l map in back pocket.

- li -

RECEIVED JUL 3 j 2003

Swastika Laboratories LtdEstablished 1928 Assaying - Consulting - Representation

Assay Certificate 3W-2390-RA1

Company: ONTEX RESOURCES LTD Date: JUL-24-03 Project: CHB PWR STRPAttn: A. Chilian

We hereby certify the following Assay of 25 Grab samples submitted JUL-22-03 by .

Sample Number

5351 5352 5353 5354 5355

5356 5357 5358 5359 C360

.361 5362 5363 5364 5365

5366 5367 5368 5369 5370

5371 5372 5373 5374 5375

Blank STD TT-33

Au g/ tonne

0.49 0.054.22 8.16 9.26

9.81 1.50 4.87 5.76 15.02

10.22 42.93 3.77

31.47 22.49

38.26 10.08 10.97 32.91 1.15

16.46 0.64 16.32 11.04 12.82

Nil 0.62

Au Au Check Au Check oz/ton g/tonne oz/ton

.014

.001

.123 238 .270 9.60 .280

.286

.044

.142

.168

.438

.298 - ' ' j - - 1.252 41.83 1.220 ( "' .110 .918 .656

1.116 38.74 1.130 .294 .320 .960 .034.480 17.21 .502 .019 .476.322 .374

.018

Certified by

l Cameron Ave., P.O. Box 10, Swastika, Ontario POK l TO Telephone (705) 642-3244 Fax (705) 642-3300

ONTARIO MINISTRY OF NORTHERN DEVELOPMENT AND MINES

Transaction No: W0340.01642

Recording Date: 2003-OCT-20

Approval Date: 2003-OCT-20

Work Report Summary

Status: APPROVED

Work Done from: 2003-JUL-07

to: 2003-JUL-16

Client(s):169912

177959

METALORE RESOURCES LIMITED

ONTEX RESOURCES LIMITED

Survey Type(s):ASSAY PSTRIP

Work Report Details:Perform Applied Assign Reserve

Claim* Perform Approve Applied Approve Assign Approve Reserve Approve Due Date

G 4000060 813,000 813,000 SO SO SO O 513,000 513,000

S13.000 S13.000 SO SO SO SO 513,000 S13.000

External Credits:

Reserve:

so

513,000 Reserve of Work Report*: W0340.01642

513,000 Total Remaining

Status of claim is based on information currently on record.

42E12NW2022 2.26483 IRWIN 900

2003-Oct-24 13:46 Armstrong-d Page 1 of 1

Ministry ofNorthern Developmentand Mines

Date: 2003-OCT-20

Ministere du Developpement du Nord et des Mines Ontario

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

ONTEX RESOURCES LIMITED 596 HAMILTON ROAD LONDON, ONTARIO N5Z1S6 CANADA

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

Dear Sir or Madam

Submission Number: 2.26483 Transaction Number(s): W0340.01642

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.

A good report and maps accompanies this submission.

If you have any question regarding this correspondence, please contact BRUCE GATES by email at [email protected] or by phone at (705) 670-5856.

Yours Sincerely,

XVt ^ *

Ron C. Gashinski

Senior Manager, Mining Lands Section

Gc: Resident Geologist

Metalore Resources Limited (Claim Holder)

Assessment File Library

Ontex Resources Limited (Claim Holder)

Ontex Resources Limited (Assessment Office)

Armen Andrew Chilian (Agent)

Visit our website at http://www.gov.on.ca/MNDM/LANDS/mlsmnpge.htm Page: 1 Correspondence 10:18780

ONTMUO^CANADA

Mining Land Tenure Map

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General fnformationand Limitations

Date; Time of Iwus: MonOctSO 12:46:47 EOT 2003

TOWNSHIP l AREA PLAN IRWIN G-0164

ADMINISTRATIVE DISTRICTS 7 DIVISIONSMining Division Thunder BayLand Titles/Registry Division THUNDER BAYMinistry of Natural Resources District NIPIGON

TOPOGRAPHIC Land Tenure

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LAND TENURE WITHDRAWALS

m IMPORTANT NOTICES

LAND TENURE WITHDRAWAL DESCRIPTIONS

226483 PSTR1P ASSAY

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42E12NW2022 2.26483 IRWIN 260

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Documents

Ontex Resources Limited. Power Stripping/ … Resources Limited. Power Stripping/ Sampling ... ,,."' *- -.Black.dots represent GPS points at ends ... although almost two meters apart