VG HOLE ID # diam. HQ 6.35 cm NQ 4.76 cm BQ cm Comments: VG HOLE ID #

Transcription

1 Geology Log VG VENCAN GOLD Corporation PROJECT Logged By: Genoa Township Properties-Swayze Area Ontario Grid Co ordinates (UTM) final Diff. GPS +/ - 1m VG VG C. aussant Depth (m) Drill Start Date June 14,2006 Northing Datum NAD 83 HQ From (m) 0.00 To (m) 7.00 Elevation (m) Drill Finish Date June 15,2006 Easting zone 17 NQ From (m) 7.00 To (m) Base of Oxidation Azm. O Incl. O Elevation BQ From (m) TD m up-dated Collar Drill Company: Bradly Brothers, Timmins, diam. HQ 6.35 cm NQ 4.76 cm BQ cm Comments: VG NR MAT Casing hornblende rick, massive, strongly magnetic Garnetiferous, foliated at 50 o to CA, mn Py stringers parallel to CA occational quartz-carbobate stringers massive green-grey andesite, occational quartz-carbonate stringers garnetiferous mn qtz flooding, ankerite alteration, beige coloured irregular banding magnetic QFP Light grey, phenos to 2mm Nil MAT qtz flooded, siliceous SILI S Nil QFP light to medium grey qtz flooded Nil BRX qtz flloded, brecciated MAT SILI S CTC Nil MAT medium grey-green, mn distict wavy creamy alteration VNQZ Nil core broken Nil BRX quartz flooded MAT SILI S graphitic Nil MAT medium green-grey garnetiferous Nil QFP massive light grey, phenos to 1-2mm, occational qtz-carb stringers Nil broken contact MAT Massive grey-green, occational irregular qtz-carb stringers, mn qtz CTC 50 veinlets garnetiferous VNQZ FOL cm qtz-carb veinlet at 75 o to CA garnetiferous FELT Brownish grey, narrow intervals siliceous & qtz flooded, narrow intervals Nil brecciated; Py clots associated with quartz flooded intervals FOL Nil Printed:9/4/2007 VenCan Gold Corporation (June 2006) Page 1 of 3

2 Geology Log VG VG a 6 cm graphitic band MAT massive green-grey; occational qtz-carbonate stringers FOL 45 narrow sections with weak chloritic alteration; weak foliation broken core VQCB frequeent qtz-carbonate stringers generally parrallel to foliation 47.2 an 8cm qtz-flooded interval 49.1 calcareous band at 15 o to CA 52.1 a 1cm breccia at 50 o to CA containing a 3cm bleb of Po/Cpy VNQZ BRX 15 qtz-carbonate in-fill 51.6 a 1cm qtz veinlet QFP massive, light to pale grey, phenos to 2mm, weak spotty potassic VQCB 60 alteration mn chlorite stringers weakly foliated at 40 o, appearance of biotite VQCB CTC MAT 30cm chilled margin FOL 40 medium green, weakly chloritic, well foliated, occational quartz-carbonate stringers parallel to foliation FOL VQCB QFP massive, phenos to 2mm, trace Py along fractures CTC MAT massive, medium to dark green, occational quartz-carbonate stringers CTC 45 mn Po & Py stringers & fracture filling, mn quartz flooding, weak foliation <1% Po & Py stringers, 5% GARNETS chilled zone FOL FOL QFP massive, phenos to 2mm CTC chilled margin core follows contact from , contact irregular MAT massive, medium grey-green graphitic 20% Py, very sharp contacts at 55 o to CA well foliated with colour banding (narrow) caused by narrow mm wide biotitic (brown) concentrated bands, frequent quartz-carbonate stringers parallel to foliation graphitic FOL VQCB VNPY VNCB QFP massive, medium grey, phenos to 2mm FOL MAT well foliated banded medium to dark green, carbonate stringers parallel FOL 55 to foliation, occational streatched lapilli pyritic chill margin, biotitic CTC FOL 55 Printed:9/4/2007 VenCan Gold Corporation (June 2006) Page 2 of 3

3 Geology Log VG VG QFP massive, medium grey, phenos to 2mm occational irregular quartz veinlets to 1cm FOL MAT chilled margin, biotitic CTC 65 medium to dark grey green, weakly chloritic, massive, occational stretched lapilli, occational irregular crbonate stringers fracture filling & stringers parallel to foliation FOL VNQZ VNQZ QFP massive, medium grey, fine grained FOL MAT medium grey-green. Massive, scattered irregular quartz carbonate FOL 55 stringers, mn quartz veinlets to 1cm, trace widely scattered Po as disseminations and occationally as stringers occational bands disseminated with very small garnets. Occational narrow chloritic sections extensive quartz-carbonate flooding, brecciated well foliated, occational quartz-carbonate stringers parallel to FOL FOL VNQZ VNCB FOL FOL 60 foliation, frequent narrow garnitiferous bands acsenting foliation trace disseminated Po & Po blebs along edges of quartz-carbonate stringers frequent carbonate stringers crosscutting foliation & first set of quartz-carbonate stringers which are parallel to foliation crosscutting carbonate stringers occur at 25 o to CA Printed:9/4/2007 VenCan Gold Corporation (June 2006) Page 3 of 3

4 Geology Log VG VENCAN GOLD Corporation PROJECT Genoa Township Properties-Swayze Area Ontario Grid Co ordinates (UTM) final Diff. GPS +/ - 1m VG Logged By: C. Aussant Depth (m) up-dated Collar Drill Start Date June 16,2006 Northing Datum NAD 83 HQ From (m) 0.00 To (m) 5.00 Elevation (m) Drill Finish Date June 17,2006 Easting zone 17 NQ From (m) 5.00 To (m) Base of Oxidation Azm. O Incl. O Elevation BQ From (m) TD m Drill Company: Bradly Brothers, Timmins, diam. HQ 6.35 cm NQ 4.76 cm BQ cm Comments: VG VG NR IF Casing MAGNETITE RICH IRON FORMATION massive well foliated/banded, foliation acsented by pyritic/pyrrhotite stringers; magnetite/po matrix with clots and stringers of Py and Po sulphide content variable from 10 to 30%, minor 1/2cm quartz/carbonate veinlets, narrow sections with 5% sphalerite bands; occational silicified (cherty) intervals with Po/Py stringers; foliation generally crenulated siliceous section disseminated with magnetite, occational Py/Po stringers a 3cm chlorite/carbonate vein at 47 o to Ca with adjacent sphalerite bands minor galena associated with spha;lerite rich bands 15.6 chlorite/carbonate veinlet 1/2cm wide at 40 o to CA 16.1 quartz/carbonate/sphalerite vein at 30 o to CA 17.0 quartz/carbonate vein with sphalerite clots, 1cm wide at 15 o to CA 17.3 foliation, pyrite stringers and sphalerite bands at 50 o to CA 17.6 quartz/carbonate/chlorite vein 1/2 cm wide at 20 o to CA NOTE: sphalerite tends to occur in the vecinity of or areas intruded by quartz carbonate veins or veinlets FOL FOL FOL VCBL VCBL FOL mn VQCB mn VCBP FOL Nil VQCB FOL Nil FOL FOL Nil SIF BANDED IRON FORMATION beige coloured chert bands with intermittent strigers Py/Po SIF BANDED IRON FORMATION BIF chert bands with Py/Po stringers, foliated at 50 o to CA SIF SIF SIF Lean BIF lean BIF BANDE IRON FORMATION beige coloured chert bands with intermittent Py/Po rich stringer zones Printed:9/4/2007 VenCan Gold Corporation (June 2006) Page 1 of 2

5 Geology Log VG VG META grey-green to green -grey light to medium, weak (variable) chlorite frequent small garnets, well foliated after 30.0 meters colour index increasing increase in chlorite alteration decrease in foliation pronunciation intermittent Py stringers pronouncing foliation; widely spaced narrow quartz flooded sections 27.2 an 8cm wide breccia contains angular siliceous &/or quartz fragment BRX 55 and quartz stringers, blebs of galena occur within the breccia as interstitial fillings, contacts at 55 o to CA Breccia at o to CA with galena veinlets to 1cm and as interstitial fill,overall 10% galena 30- intermittent randomly oriented quartz/carbonate stringers moderately siliceous very fine disseminated Py FOL BRX VNQZ FOL SILI M FOL BIF BANDED IRON FORMATION beige coloured chert bands with Py/Po rich bands, tr CPY, sulphide content decreasing after 38.7 meters FOL META GREYWACKE green-grey massive scattered small garnets BIF BANDED IRON FORMATION META grey-green massive, weak foliation, disseminated with small garnets CTC 45 garnet size increasing near Banded Iron Fm contacts BIF BANDED IRON FORMATION well banded chert & Po/Py concentrated ? bands, weak crenulations of banding/foliation, strongly magnetic (probably very fine disseminated magnetite) BRX with sphalerite, galena & CPY at 46.7 meters Po/Py content decreasing ? BAN CTC FOL META massive GREYWACKE disseminated with garnets variable in size and FOL Nil quantity, weak foliation at 55 o to CA, minor calcite stringers FOL Printed:9/4/2007 VenCan Gold Corporation (June 2006) Page 2 of 2

6 Geology Log VG VENCAN GOLD Corporation PROJECT Genoa Township Properties-Swayze Area Ontario Grid Co ordinates (UTM) final Diff. GPS +/ - 1m VG Logged By: C. Aussant Depth (m) Drill Start Date June 17,2006 Northing Datum NAD 83 HQ From (m) 0.00 To (m) 6.00 Elevation (m) Drill Finish Date June 19,2006 Easting zone 17 NQ From (m) 6.00 To (m) Base of Oxidation Azm. O Incl. O Elevation BQ From (m) TD m up-dated Collar Drill Company: Bradly Brothers, Timmins, diam. HQ 6.35 cm NQ 4.76 cm BQ cm Comments: VG VG NR casing FELT Felsic fragmental <1 < FOL 55 streatched pale grey felsic lapilli fragments in a dark green chloritic garnitiferous matrix garnets to 10mm in size 10% garnets lapilli streatched along foliation lapilli variable in size to 4cm wide across the entire core groundmass disseminated with fine Py or Py clots, occational Po & Po stringers or concentrations, occational Py concentartions sulphide content variable overall generally <1% quartz flooded sphalerite/galena rich interval, galena generally occurs as FOL clots along calcareous stringer fracture filling core broken, section containing several quartz veins numerous quartz-carbonate filled irregular oriented fractures pink-orange alteration along stringer margins <1 < VNQZ FOL BRX core broken obscure contacts MAFD MAFIC DYKE CTC 55 massive, aphanetic, very sharp contacts, very weakly magnetic lower contact core broken FELT same as from meters galena blebs occuring along widely spaced chloritic fractures fractures irregularily oriented < FOL Nil <1 tr tr sphalerite/galena along irregular fracture gradual appearance of garnets within the pale grey felsic lapilli fragments widely spaced 1 to 2mm beige chert beds Printed:9/4/2007 VenCan Gold Corporation (June 2006) Page 1 of 3

7 Geology Log VG VG after 42.2 gradual decrease in intensity of garnets IF massive, magnetite rich iron formation with Py/Po stringer concentrations CTC total Py/Po content generally about 30 % contacts very sharp; compositional banding weakly crenulated sphalerite & galena associated with irregular chlorite/calcite stringers 50.3 irregular shpalerite rich stringer galena/sphalerite stringers over 5cm numerous sphalerite enriched bands associated with quartz/ carbonate stringers 55.8 galena blebs tr tr FOL < META Greywacke massive sphalerite enriched bands with galena blebs, sphalerite <1 4 1 concentartions approximately 10cm wide onwards massive, medium grey fine grained, widely scattered intervals containing very small garnets, minor chlorite/carbonate fracture filling, fractures randomly oriented well foliated, tr Py, weak sericite alteration BRX chloritic core broken FOL follow a galena vein encompassing 1/4 of the width of the core Nil BIF moderately well compositionally banded, numerous quartz & quartz/ tr carbonate stringers & veinlets, irregularrly oriented, frequent sphalerite rich stringers generally parallel to banding containing occational galena VNSP BAN 45 rich stringers & chalcopyrite rich concentrations also paralleling foiliation/ banding META massive, frequent carbonate stringers randomly oriented, minor garnets <1 5 < QTZ numerous quartz veins with sphalerite rich concentated bands 1 to 4cm CTC wide along the margins of the quartz veins, occationallly narrow chalcopyrite stringer concentrations and minor galena along fractures seections contains 80% quartz VNQZ Nil VNSP VCPY META numerous chlorite filled fractures, core highly broken BIF BANDED IRON FORMATION Nil Printed:9/4/2007 VenCan Gold Corporation (June 2006) Page 2 of 3

8 Geology Log VG VG freguent irregularly oriented sphalerite rich stringer concentration occational chalcopyrite bands and scattered galena along fractures galena directly associated with the shalerite 88.1 distict compositional layering, widely spaced Po rich intervals, scattered narrow Py enrich layers, strongly magnetic, Po enriched tr Nil BAN VNPY 55 bands upto 20 cm wide, fine disseminated Po throughout cm BRX 89.3 trace CPY within Po enriched section BAN BAN META massive medium grey-green abscure garnets throughout weakly chloritic with intervals well foliated, trace Py blebs, massive abscure garnets to 5mm size FOL BAN BIF BANDED IRON FORMATION <1 tr BAN Nil strongly magnetic, well banded (compositional layering) at 55 o tp CA trace Cpy occational quartz veinlets & flooding with no prefered orientation Cpy generally consentrated as thin stringers along bedding planes BAN Nil BAN META massive greywacke, medium grey to green, occational multidirectional FOL quartz-carbonate veinlets (to 1/2 cm) & stringers, very weak chlorite altn trace Py blebs moderately well foliated very fine biotite giving core a brownish tinge /2 cm Po rich band parallel to foliation FOL Printed:9/4/2007 VenCan Gold Corporation (June 2006) Page 3 of 3

9 Geology Log VG VENCAN GOLD Corporation PROJECT Genoa Township Properties-Swayze Area Ontario Grid Co ordinates (UTM) final Diff. GPS +/ - 1m VG VG Logged By: C. Aussant Depth (m) up-dated Collar Drill Start Date June 19,2006 Northing Datum NAD 83 HQ From (m) 0.00 To (m) 4.00 Elevation (m) Drill Finish Date June 22,2006 Easting zone 17 NQ From (m) 4.00 To (m) Base of Oxidation Azm. O Incl. O Elevation BQ From (m) TD m Drill Company: Bradly Brothers, Timmins, diam. HQ 6.35 cm NQ 4.76 cm BQ cm Comments: VG NR FET FELT casing pale grey well colour banded dark pink-greg-green with pale grey felsic fragments scattered throughout lapilli fragments to 2cm wide stretched along foliation planes lapilli in a matrix of green chloritic fine grained material with extensive pink garnets to 4mm size FET same as meter interval 6.00 BAN FELT same as meter interval FET well banded felsic tuff SILI M 9.00 BAN 60 siliceous, weak sericite alteration SRCT W BAN 60 limonite along fracture planes to 26 meters, amount progressively decreasing FELT garnitiferous, garnets to 4mm, dark green, chloritic FELT garnetiferous, minot Py stringers to 4mm, dark green, chloritic mn very small garnets FELT same as meter interval irregular quartz vein/flooding disseminated Po FET well banded pale to medium grey, weak sericite alteration, trace to mn SRCT W BAN 65 disseminated Py BAN 58 narrow intervals with 1% fine disseminated Py MAFD massive, dark green FET same as meters; massiive, well banded, weak sericite alteration SRCT W CTC 55 beige to pale to light grey colour banding, minor massive white quartz veins & flooding, qtz veins generally parallel to banding, tr very widely scattered Py after 35 meters becoming slightly harder (siliceous) BAN BAN BAN BAN 50 Printed:9/4/2007 VenCan Gold Corporation (June 2006) Page 1 of 6

10 Geology Log VG VG after 36 meters banding slightly convoluted BAN appearance of pale grey siliceous felsic lapilli stretched along banding/bedding direction pale grey-apple green colour, numerous irregular carbonate stringers interval containing stringers of sphalerit/galena parallel to BAN BAN BAN BAN BRX 45 colour banding/bedding a 31/2 cm wide Breccia at 45 o to CA gradual increase in colour index FELT massive felsic fragmental mottled grey green, garnetiferous, lapilli fragments streatched along foliation directiongarnets to 4mm minor disseminated Py, widely spaced intervals containing disseminated and blebs or stringer concentartions of Po lapilli are pale grey (frequently containing garnets) within a dark mottled pink and green chloritic matrix sections where the garnets become quite obscure 53.2 a 1cm Py concentrated band parallel to foliation FOL FOL QTZ quartz vein, massive white, irregular contacts FOL strongly magnetic, section disseminated with Po magnetic, section with rapid change in foliation direction, diss Po & magnetite FOL FOL FOL MAFD massive, dark green with mauve coloured arillic alteration (weak) CTC 35 sections weakly magnetic 61.3 chilled contact at 35 o to CA weakly foliated at 65 o to CA, weak chlorite alteration QTZ massive white quartz, occational FELT inclusions upto 6cm wide Nil irregular contacts FELT felsic fragmental, pale grey felsic lapilli fragments within a dark grey green matrix, disseminated with 3% Py as blebs & stringer consentrations lapilli fragments stretched pronouncing foliation strongly magnetic FOL IF massive strongly magnetic contains irregular inclusions of MAFD CTC Nil Printed:9/4/2007 VenCan Gold Corporation (June 2006) Page 2 of 6

11 Geology Log VG VG MAFD MAFD? No sulphides, sharp contacts at 40 o to CA FOL 40 weakly foliated at 40 o to CA VNQZ MAFD massive dark green-grey to black grey mn diss Py VNQZ minor quaetz flooding aphanetic MAFD VNQZ VNQZ CTC follow 2 quartz veins at 20 o to CA quartz vein contacts at 25 & 45 o to CA, massive white with chloritic fractures and MAFD inclusions IF massive Magnetite/sulphide rich IRON FORMATION ? IF (Sulphide) contact at 78.5 meters irregular but overall at 60 o to CA BIF Py stringers pronouncing foliation, foliation highly convoluted, small scale folding evident calcareous matrix MAFD MAFD tr Nil at 80.0 a 11/2 cm quartz/carbonate veinlet at 75 o to CA calcareous, numerous micro-calcite stringers/fracture filling, scattered multidirectional generally <1/2cm carbonate stringers, occationally to 2cm wide, sphalerite blebs directly associated with the carbonate veinlets, with sphalerite enrichment throughtout interval shows convoluted foliation & small scale folding a 10 cm concentartion of galena foliation regular but weakly crenulated, non calcareous chert bands ? <1 <1 20? < Nil Nil FOL ? FOL FOL QFP QFP massive light grey, feldspar phenos to 3mm ? BAN well foliated frequent chert beds alternating with sulphide enriched layers sphalerite, Cpy & galena concentrations over last 20cm of interval CTC FOL BAN 50 with associated quartz flooding very sharp contact META massive greywacke, greenish grey, minor garnets (small) mn mm scale CHLR W CTC 45 multidirectional quartz/carbonate fracture fill, chlorite along CHLR M FOL 50 foliation/fractures planes (weak) CHLR W Printed:9/4/2007 VenCan Gold Corporation (June 2006) Page 3 of 6

12 Geology Log VG VG a 21/2 cm QFP at 45 o to CA unit becomes progressively more chloritic, gradual increase in colour index QFP contacts very sharp but slightly irregular CTC FP massive, feldspar phenos to 3mm, mn disseminated Py CTC META medium grey green, occational quartz/carbonate stringers & fracture fill CHLR M CTC BIF BANDED IRON FORMATION mn 1 3 tr? CTC sharp contacts, distinct compositional/colour banding moderately to strongly magnetic frequent mm size sphaletite rich bands, scattered Cpy clots and stringers all parallel to banding, chloritic along fracture planes a 2cm quartz vein parallel to banding three 2 to 5cm wide quartz veinlets at 30 o to CA, numerous quartz/carbonate microfracturres crosscutting banding & quartz veins chloritic with associated sphalerite & galena along calcareous fractures CTC VNQZ Nil BAN Nil VNQZ VNQZ tr tr VQCB <1 <1 2 tr? BAN a 3cm Cpy rich/sphalerite band at 80 o to CA chloritic, massive, dark green, containing angular fragments <1 < BAN 75 of pale grey chert compositional colour banding with widely separated Po enriched layers & sphalerite blebs; occational Cpy stringers multidirectional <1 < BAN BAN 45 occational quartz/carbonate stringers & veinlets multidirectional- sphalerite associated with the veinlets sphalerite enriched band META dark to moderate grey green, massive, sections with scattered chlorite blebs (Possibly a mixed section of mafic dyke & metasediments-greywacke) numerous mulidirectional quartz/carbonate stringers (fracture fill) & veinlets =128.5 sections with distict chlorite blebs (possible mafic dyke) BIF BANDED IRON FORMATION tr tr 1 tr? tr distict rythmic compositional layering, strongly magnetic Cpy/PbS/ZnS associated as blebs with quartz/carbonate stringers minor sphalerite enriched stringers parallel to bedding (colour banding) BAN BAN Nil Printed:9/4/2007 VenCan Gold Corporation (June 2006) Page 4 of 6

13 Geology Log VG VG META dark grey-green; quartz carbonate stockwork of veinlets througout section mn mn mn minor Sphalerite/Cpy disseminations large galena clots and Py clots along periphery of quartz/carbonate flooding Nil BIF BANDED IRON FORMATION <1? strongly magnetic; numerous multidirectional quartz/carbonate stringers/fracture fill sphalerite blebs & occationally stringer clots parallel to banding; sphalerite blebs associated with carbonate stringers well banded lean BIF. Occational quartz/carbonate stringers tr <1 tr? containing blebs sphalerite; trace sphalerite along bedding planes well banded alternating chert & sulphide rich horizons BAN <1 5 10? BAN 40 acsenting colour banding; occational Cpy stringers-multidirectional spalerite bands parallel to bedding; occational crosscutting quartz/ carbonate veinlets displacing sulphide rich bands by upto 2cm well banded lean BIF occational Po enriched stringers parallel to banding/bedding occational crosscutting fractures displacing banding/bedding by 1cm tr <1 <1? tr BAN BAN BAN 30 trace galena along crosscutting carbonate stringers; minor sphalerite stringers parallel to banding well colour banded, sudden changes in orientation of banding/bedding implying small scale folding, numerous quartz/carbonate veinlets ? < BAN BAN 5 crosscutting banding with small scale displacement of beds Po enriched bands parallel to bedding multidirectional Po/Cpy(tr) stringers, trace galena associated with occational crosscutting stringers occational sphalerite enriched bands parallel to bedding lean BIF, well compositional layering, occational quartz/carbonate veinlets & irregular stringers sphalerite blebs associated with veinlets widely scattered multidirectional sphalerite veinlets, occational crosscutting carbonate stringers displacing banding (1cm displacement) orientation of copositional banding less variable very rythmic BAN 20 1` tr tr 2 tr? tr BAN mn 2 10? BAN BAN BAN BAN BAN 50 Printed:9/4/2007 VenCan Gold Corporation (June 2006) Page 5 of 6

14 Geology Log VG VG after 147 meters appearance of wide sulphide rich bands BAN META ground core BAN 50 massive greywacke, weak foliation, sections weakly biotitic giving core a brownich tinge, occational multidirectional carbonate stringers amount decreasing downhole FOL FOL FOL moderately well foliated after weak foliation acsented where increase in biotite content minor widely scattered Py blebs; sections weakly chloritic minor scattered garnets-widely spaced sections of garnet concentrations CTC minor sphalerite/galena along siliceous fracture medium grey chloritic frequent quartz/feldspar filled fractures chloritic, weak foliation, widely scattered galena/sphalerite along microfractures chloritic, minor disseminated Po, occational sphalerite lined multidirectional stringers Nil occational sphalerite with trace Cpy filled fractures QFP massive mottled grey, feldspar phenos to 3mm CTC META same as FOL 70 Printed:9/4/2007 VenCan Gold Corporation (June 2006) Page 6 of 6

15 Geology Log VG VENCAN GOLD Corporation PROJECT Genoa Township Properties-Swayze Area Ontario Grid Co ordinates (UTM) final Diff. GPS +/ - 1m Logged By: VG C. Aussant Depth (m) Drill Start Date June 22,2006 Northing Datum NAD 83 HQ From (m) 0.00 To (m) 4.00 Elevation (m) Drill Finish Date June 24,2006 Easting zone 17 NQ From (m) 4.00 To (m) Base of Oxidation Azm. O Incl. O Elevation BQ From (m) TD m up-dated Collar Drill Company: Bradly Brothers, Timmins, diam. HQ 6.35 cm NQ 4.76 cm BQ cm Comments: VG VG NR Casing FET pale to light grey well foliated weakly sericitic felsic fuff SRCT M 4.50 FOL MAFD dark green, highly fractured, rusty staining along fracture planes 5.70 CTC FET same as rythmic colour banding pronouncing foliation SRCT M MAFD same as rusty stained along fracture planes FOL FELT massive, mottled pink/dark green with pale grey felsic bands and lapilli CHLR M fragments, lapilli streatched along foliation direction, stretched lapilli & FOL 55 narrow felsic tuff beds pronouncing foliation garnets to 3mm; minor calcite fracture fill; minor quartz veining/flooding FET same as except with a slight increase in pale grey felsic tuff SRCT M content FOL FELT same as CHLR M CTC very sharp contact minor carbonate fracture fill and stringers, pale grey streatched lapilli stratched along foliation direction pronouncing foliation; mm to cm wide FOL FOL FOL 50 beds of pale grey felsic tuff same compositio as the lapilli- pronouncing foliation; minor irregular quartz veinlets FET same as meters SRCT FELT same as meters CHLR FET same as meters SRCT FELT same as meters CHLR W M W M FET light to medium grey; moderate to strongly sericitic; well colour banded; SRCT M FOL 55 trace to minor garnets FOL 55 minor disseminated Py generally within darker bands; pale grey felsic bands & lapilli similar to the lapilli found in the FELT unit QFP massive; feldspar phenos to 3mm CTC 40 Printed:9/4/2007 VenCan Gold Corporation (June 2006) Page 1 of 6

16 Geology Log VG VG CTC at 40 o to CA subparallel to foliation CTC CTC at 35 o to Ca subparallel to foliation FET same as meters SRCT W FOL FELT same as meters; trace disseminated Py CHLR M FOL FET becoming paler grey downhole; colour banding becoming more rythmic SRCT S FOL 50 downhole FOL MAFD mottled light to medium grey; 1% disseminated Py; occational calcite CHLR W CTC 75 flooding; minor quartz/carbonate veinlets, weak chlorite alteration 64.1 CTC at 75 o to CA crosscutting foliation FET pale grey/beige with occational medium grey chloritic bands, centarl SRCT W FOL 45 portion of the unit contains numerous multidirectional quartz/carbonate stringers & veinlets; trace Py associated with quartz/carbonate veinlets FOL CTC 50 weak to moderite sericitic alteration MAFD medium to dark green, massive CHLR M CTC 30 1% disseminated Py, chloritic 66.5 CTC at 50 o to CA oblique to foliation 67 CTC at 30 o to CA parallel to foliation FET light grey to beige mottled medium grey SRCT W FOL 20 minor quartz/carbonate veinlets CTC 50 weak to moderate sericitic alteration MAFD medium to dark green; chloritic; minor quartz/carbonate flooding CHLR M trace to minor disseminated Py CTC at 50 o to CA oblique to foliation FOL FOL CTC irregular crosscutting foliation; FET fragmnets with the MAFD near the contact boundary FET medium grey with narrow pale grey bands pronouncing foliation, SRCT M colour index decreasing downhole after 71 meters unit becomes pale grey to beige in colour with medium grey mottling; contains sections with banding much more pronounced & rythmic occational quartz veinlets a 6 cm massive white quartz vein, irregular contacts FOL FOL FOL FOL frequent dark green chlorite stringers lining fracture planes massive white quartz irregular contacts Printed:9/4/2007 VenCan Gold Corporation (June 2006) Page 2 of 6

17 Geology Log VG VG QFP massive, phenos to 3mm, speckled with white micaceous flakes, trace SRCT W CTC 40 disseminated Py; occational quartz veinlets; calcite fracture fill 5cm borders of the dyke cintacts area fine grained 94.8 irregular contact; FELT fragments within the QFP along the contact margin FELT mottled green pink with pale grey stretched lapilli; minor disseminated PY CHLR M < FOL 60 and Py blebs, garnets to 2mm with frequent obscure garnets in the chloritic FOL 60 groundmass at 98.7 progressive increase in sulphide content with appearance of Po frequent sulphide rich bands gradual contact with IF; sulphide bands pronouncing foliation, interval contains sphalerite enriched bands FOL IF massive, well foliated; foliation acsented by sulphide bands ? section with several chloritic intervals which are garnitferous and contain only 5% combimbined sulphides; occational upto 7cm wide chert beds chloritic, garnitiferous 2% Py chloritic, garnitiferous 5% Py/Po chloritic, garnetiferous massive IF sulphide foliation slightly crenulated section with occational chert beds upto 10cm wide, slight decrease in sulphide content FOL ? FOL FRC ? FOL QFP massive QFP dyke, phenos to 5x3mm; mn fine disseminated Py CTC Nil META occational sphalerite enriched stringers generally parallel to <1 tr <1 tr bedding & associated with fracture fill calcite with trace galena & Cpy very well foliated, occational large garnets dark to medium FOL 65 grey green, colour index progressively increasing massive greywacke, scattered calcite fracture fill, weak foliation FOL 75 medium grey green well foliated variable colour banding pronouncing foliation FOL 70 progressive decrease in colour index, sections with weak sericite alteration along selective compositional layers, narrow bioitic beds BIF BANDED IRON FORMATION tr <1 20 Printed:9/4/2007 VenCan Gold Corporation (June 2006) Page 3 of 6

18 Geology Log VG VG frequent quartz flooding, numerous Po enriched bands, minor Cpy generally associated with mm size carbonate fracture fill META medium grey-green; colour index decreasing downhole; occational FOL 55 calcite fracture fill; garnets at start of unit, well foliated at beginning of unit weak to moderate chlorite alteration contacts distinct at 55 o to CA BIF BANDED IRON FORMATION tr tr FOL good regular compositional banding; occational quartz veinlets parallel to bedding breccia 2cm wide BIF with sections highly fractured, extensive quartz & quaretz carbonate flooding & numerous multidirectional veining numerous sphalerite stringers with associated Cpy blebs & stringers occational clots galena within carbonate veinlets, evidence of small scale floding & movement along fractures < QFP light grey highly fractured, chlorite lining fracture planes, phenos widely scattered upto 3mm diameter; weak sericite (disseminated white mica) Nil BIF BANDED IRON FORMATION <1 <1 3 3 tr CTC MAFD dark green massive mafic dyke; contact with QFP ground triangular wedge of sphalerite rich BIF bounded by MAFD uphole CTC 55 and a 15cm BRX downhole contact with MAFD parallel to bedding BRX contact cuts across bedding at 55 o to CA sphalerite rich zone 10cm wide adjacent to lower contact with BRX, contact ground massive BIF compositional layering ruthmic, occational quartz & quartz/carbonate fractures & veinlets; small scale displacement evident along some of the fractures; core very competent, changes in foliation gradual, folding evident near central portion of the unit along with increase in galena clots associated with calcite veinlets drilling nose of fold, ewxtensive carbonate veinlets multidirectional containing large clots of galena fold nose-core cuts fold foliation curviture FOL FOL FOL FOL FOL tr tr <1 tr FOL FOL tr FOL 20 Printed:9/4/2007 VenCan Gold Corporation (June 2006) Page 4 of 6

19 Geology Log VG VG fold nose core cuts foliation curviture occational quartz veins; frequent sphalerite bands generally parallel to foliation with associated Cpy stringers and clots widely spased bands of sulphide concentrations parallel to banding FOL mn FOL <1 1 5 <1 mn FOL FOL META greywacke massive minor disseminated Py FOL MAFD massive, mottled grey green; scattered cjhlorite clots to smm diameter CHLR M FOL a 15cm graywacke? Foliation at 55 o to CA weak biotite giving core a brownish tinge CTC FOL greywacke? numerous calcite stringers with pink haloes along stringer edges contact obscure META massive greywacke; medium grey-green possibly a mixture of greywacke CHLR W FOL 70 and above mafic dyke, narrow intervals foliated; trace widely scattered Py generally associated with calcite stringers minor galena with calcite flooding sharp contact with BIF core broken BIF BANDED IRON FORMATION tr tr tr? lean BIF well banded weak sericite alteration along selective compositional layers scattered carbonate microfractures minor sphalerite clots numerous sphalerite bands & stringers, frequent Po rich bands parallel to compositional layering; galena blebs associated with calcite stringers & flooding lean BIF well banded, sericite along selective compositional layers sphalerite stringers parallel to bedding sphalerite stringers parallel to bedding lean BIF; increase in Po enriched bands; foliation slightly convoluted; occational sphalerite stringers; occational quartz/calcite Nil <1 mn 5 10? mn Nil <1 mn <1? FOL FOL FOL FOL tr 3 5? < veinlets & stringers with associated sphalerite & galena moderately chloritic; garnitiferous contact between BIF & underlying greywacke gradational/obscure Printed:9/4/2007 VenCan Gold Corporation (June 2006) Page 5 of 6

20 Geology Log VG VG META medium grey massive; frequent sphalerite with trace galena mn 2 1 < FOL 55 stringers occurring along fractures; frequency of sphalerite fracture fill decreasing downhole; occational Po enriched bands; disseminated Py & occational Py stringers; weakly to moderately foliated 179.8=182.1 massive greywacke; occational quartz/calcite stringers & veinlets multidirectional MAFD massive; obscure upper contact-blends into the greywacke CHLR M uniu speckled with biotite; the biotite flakes are aligned perpendicular to thye core giving the appearance of needles weakly foliated; occational quartz/calcite fracture fill & veinlets frequency decreasing downhole; mottled grey-green colour, slight brownish hue due to bioitite content well foliated, frequent carbonate stringers contact distinct core broken FOL FOL META massive grey-green greywacke; occational calcite stringers (fracture fill) FOL 55 minor disseminated Py associated with calcite flood/stringers narrow sections garniteferous; weak to moderate foliation Printed:9/4/2007 VenCan Gold Corporation (June 2006) Page 6 of 6

21 Geology Log VG VENCAN GOLD Corporation PROJECT Genoa Township Properties-Swayze Area Ontario Grid Co ordinates (UTM) final Diff. GPS +/ - 1m VG VG Logged By: C. Aussant Depth (m) up-dated Collar Drill Start Date June 25,2006 Northing Datum NAD 83 HQ From (m) 0.00 To (m) 4.00 Elevation (m) Drill Finish Date June 26,2006 Easting zone 17 NQ From (m) 4.00 To (m) Base of Oxidation Azm. O Incl. O Elevation BQ From (m) TD m Drill Company: Bradly Brothers, Timmins, diam. HQ 6.35 cm NQ 4.76 cm BQ cm Comments: VG NR Casing FET light to pale grey to yellow beige, well colour banded, frequent pale white 5.20 FOL 55 grey felsic bands (similar material as lapilli in following FELT unit) after 6.8 meters progressive increase in colour index with occational calcite stringers FELT mottled grey-green; garnitiferous-chloritic groundmass with pale grey CHLR M 7.90 FOL 60 straetched felsic lapilli fragments, occational quartz veinlets, weak FOL 65 foliation garnets to 3mm, minor scattered Py as clots & disseminations IND INTERMEDIATE DYKE medium black-grey, alignment of mafic minerals pronouncing a weak suptal foliation-irregular but at a sharp angle to CA at times subparallel to CA, occational quartz veinlets FELT massive mottled green-pink chloritic/garnitiferous groundmass with CHLR M frequent stretched pale grey felsic lapilli fragments contact broken minor sphalerite & Cpy adjacent to the contact frequent widely spaced Py stringers & sphalerite/galena with mino <1 <1 mn <1 Cpy along fractures; narrow intervals magnetic minor disseminated Py frequent widely spaced fracture fill galena/shpalerite, occational intervals with 30% Po/Py/Sphalerite stringer concentartions, fractures multidirectional mn mn < % Po, 10% Py % Py; 2% Sphalerite % Cpy 10% Po FOL minor quartz fracture fill with associated minor sphalerite mn tr minor disseminated Py QFP massive light grey speckled with chlorite microfractures & minor Printed:9/4/2007 VenCan Gold Corporation (June 2006) Page 1 of 4