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COMPANY

PROPERTY

32085SWei26 63.5174 BISLEY

.UPDATE REPORT

ON

GEOPHYSICAL SURVEY

AND

DIAMOND DRILL HOLE PROGRAM

010

CAN-MAC EXPLORATION LTD. Box 1118BARRY'S BAY , Ontario KOJ 1BO

Bisley Township Mineral Prospect Bisley township

I Kirkland Lake Area Ontario

REFERENCES

1) Report on the Bisley Township Mineral 'Prospect , Bisley township , Kirkland Lake Area ,Ontario for Can Mac Explorations Ltd., by H. D. Doug McLeod , P.Eng., September 1987

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2) Induce'd Polarization and VLF Survey , Boston and Bisley Property , prepared for Can-Mac Exploration Inc., by AGEOS SCIENCES Inc., Magma Exploration Inc., October 1987.

DATA ATTACHED

1) DDH Plan

2) DDH log (field copy only)

3) DDH section ^oc.

J 4) Assay sheets (2)

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1

5) Figures ( Figure 2 , Figure 3 , Figure 4) j (H.D.Doug McLeod report)

j DIAMOND DRILL l CONTRACTOR

l Triangle Diamond Drilling 1 LIVELY , Ontario

DRILLING PERIOD

February 1988

\ DRILLING 1 CDHLETED

l DDH - 500'

GEOLOGICAL SETTING

The property is underlain by Blake River series basaltic and rhyolitic flows and breccias.

The volcanic stratigraphy is intruded by shallow mafic and intermediate fine to coarse grained intrusive phases.

Diabase dikes transect all rock units.

Prominent northwest - southeast and northeast- southwest fault structures and lineaments trend through the stratigraphy.

Stratigraphic trends appear to be generally east - westto northeast - southwest.

One prominent fault through claim L-842942 strikes N80 W.

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RECENT WORK

Line Cutting

An old north-south grid on 400* interval centers has recently been recut and chained to accomodate geophysical surveying and field work.

Geophysics

A combined VLF and IP survey was completed over the property during March 1987.

Two (2) sets of sub parallel and locally co-incident IP and VLF anomalies were detected.

Two (2) diamond drill holes were recommended to test portions of the anomalies detected.

DIAMOND DRILLING

A brief abstract of the drilling follows in categorized sequence. Locations are as shown on the drill hole plan. Assay sheets are attached. Some of the more prominent geological features and sample locations are shown on the DDH section.

1) DDHftB88-lt

Core size Dip Azimuth . Depth

'Statistics BQ -45* 020* 500'

Purpose To test IP and parallel adjacent VLF anomaly axes.

Results Variable facies of basaltic rock units intersected. These varied from granular to variolitic to amygdaloidal to tuffaceous (principally aquagene tuffs)

A meta-gabbro unit contained local bands of pale purple tinted flourite , white pearly fibrous tremolite ? and dark green chlorite. The gabbroic unit was cut by a prominent fault zone.

A multi variable basaltic flow contained a 42' core length of approximately 2X sulphides , mainly pyrite , as loosely distributed patchy fragmented quartz- carbonate and chert zones with very fine pyrite matrix.

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1

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Remarks

A second zone with rare random thin pyritic seams occurred below a second prominent fault zone in the multi variable basaltic flow.

Fourteen (14) samples were cut.

Best results were obtained in the sulphide zone.

The best 5' sample yielded: nil - gold , nil - silver , 57 ppm - copper , 156 ppm - zinc.

Of the 2 multi element samples taken in a meta-gabbro unit , one suggested a slight Na20 depletion.

The hole appears to be a technical success in that defineable mineralized zones were intersected which explain the IP anomaly. Also intersected were 2 strong faults , one of which may be reflected by the VLF anomaly.

SUMMARY AND CONCLUSIONS

The one (1) hole 500* program was prematurely terminated due to equipment failure and drill personnel shortages.

Continuation drilling will be required to.test the strongest portion of the remaining untested anomalies.

At least one additional Diamond Drill Hole is required to test anomalies indicated in the VLF-IP survey completed during October 1987.

A second IP survey was carried out during March 1987 to define and extend existing anomalies.

One (1) additional drill hole for a total of three (3) have been recommended on the property as a result of the two geophysical surveys.

Continuation drilling is recommended to adequately test portions of linear geophysical anomalies obtained on the Bisley township property.

Respec

Frank P. 5 July

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Submitted

ftW SWASTIKA LABORATORIES LIMITS?\j*?f P.O. BOX 10, SWASTIKA, ONTARIO POK 1TO * 5^ '. TELEPHONE: (705) 642-3244 FAX: (705) 642-3300

ANAYLTICAL CHEMISTS * ASSAYERS * CONSULTANTS

(drrlifiralr of Analgaia

No. . 70581

March 31, 1988 14

by Can Mac Exploration Ltd.,

Samples of

Barry's Bay

' Dal*: -April

Drill Core

, Ontario.

7, 1988

1 Proj. ^Bisley

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; SAMPLE NO.

B88-1-1

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NOTE:

GOLD PPBNil NilNilNil.Nil Nil !

10/Nil Nil NilNil Nil

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Mult i -element

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SILVER PPMNil NilNilNilNil NilNil Nil Nil0.2 0.30.3 Nil .0.3

results to

COPPER PPM53 67515767 6042 40 6581 9688

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ZINC -' PPM

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t, SWASTIKA LABORATORIES LIMITEDIT P.O. BOX 10, SWASTIKA, ONTARIO POK 1TO

TELEPHONE: (705) 642-3244 ANALYTICAL CHEMISTS * ASSAYERS * CONSULTANTS

(Umifiratr nf Analy0te

70581 - A

• Received March 31 , 1988

Submitted by.

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SAMPLE NO.

1 SilverArsenic '

1 Boron .

™ Barium

I Beri Ilium

BismuthCadmium

li CeriumCobalt

1 Chromium

Copper1 Mercury" Lanthanum

• MolybdenumNiobium

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Antimony

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Can Mac Exploration

2 Samples of

Ltd., Barry's Bay,

Date: APril 12 '

Drill Core

Ontario. Qgffigg

1988 '

"Semi-Quantitative Multi-Element Analysis": B88-1-5A

Si cO.OOlft ^.001•i ^.001Si 0.02Si ^.001S ^.001s ^.001 -Si ^.001

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SAMPLE NO.: B88^-

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K20 ft 0.1' -

Ti02 ft 0.7

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BISLEY Tbwnsfiip -f 3'.5f74

- T5DH LOCATION PLANj^V.LF;- EM :SURVEY^: ,- 'PART .OF. A MAP. PREPARED BY MAGMA EXPLORATION]

MAGMA EXPLORATION

DATE October 1987f^i&i^C.^^ Q t ^* V ̂ ^l V^^^3^^

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^DRAWN i BY: D. Loriviere r ';

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