2016 Assessment Report LIGHTNING PEAK PROPERTY

Transcription

1 2016 Assessment Report on the LIGHTNING PEAK PROPERTY Prospecting and Rock Sampling NTS 82E/15 Lat: N Long: W (at approximate centre of property) Vernon Mining Division British Columbia, Canada Prepared for: Aurum Vena Mineral Resources Co. By: Milosz Mielniczuk B.Sc 327 Evergreen Way Vernon, B.C. V1H 2B8 May 20, 2016

2 Table of Contents 1.0 SUMMARY INTRODUCTION Property Location and Description Access, Climate, Local Resources, Infrastructure and Physiography HISTORY History of Exploration and Development Lightning Peak Property Regional Geology Property Geology and Mineralization CONCLUSIONS & RECOMMENDATIONS STATEMENT OF QUALIFICATIONS COST STATEMENT REFERENCES...14

3 LIST OF FIGURES Page Figure 1 - Location Map.. 3 Figure 2 - Claim Map... 4 Figure 3 - Historic Lightning Peak Camp Map 5 Figure 4 - Regional Geology Figure 5 - Satellite claim Map and Sample Locations.. 10 LIST OF TABLES Page Table 1 - Claim Information. 1 Table Rock Sample Results. 9 APPENDIX 1 Analytical Result - Rock Samples LIST OF APPENDICES

4 1.0 SUMMARY The Lightning Peak Property is located 60 km southeast of Vernon, BC and 5 km north of Lightning Peak Mountain. The property is found on the NTS 82E/15 map sheet and consists of 12 MTO grid units. Four Minfiles are found on the property including the Azza1, Azza7, Dictator and the Morning showings. This report describes the results of a prospecting and rock sampling survey of the property in the summer of INTRODUCTION 2.1 Property Location and Description The Lightning Peak is located 60 km southeast of Vernon, B.C and 60 km east of Kelowna, BC. The property is just 5 km north of the Lightning Peak volcanic mountain and it can be found on the NTS 82E/15 map sheet or the BCGS map The property can be accessed via Kettle River Forest Service Road either from the Kelowna or Vernon side. Kettle River FSR is well used and most likely maintained year round. However, the turnoff from Kettle River FSR is most likely not accessible in the wintertime. The property is comprised of 2 MTO claims totaling 12 grids covering a total area of approximately 250 hectares, as shown on the Figure 2 and listed in Table 1. Claim Name Type District Lot Tenure Area Good To Date 1 or Tenure # (Ha) LIGHTNING tenure undersurface /Nov/26 PEAK LIGHTNING PEAK 2 tenure undersurface /Oct/21 1 After filing this report Table 1: Lightning Peak- Mineral Claims 2.2 Access, Climate, Local Resources, Infrastructure and Physiography Access to the property from Vernon is east on Highway 6 for 80 km to the Kettle River FSR. Follow the Kettle River FSR for 10 km southwest. At the 10km marker turn southeast up the K50 forest service road. At the kilometre 63 marker turn right onto Winnfred FSR. Between 72 and 73 km marker turn right onto Dictator FSR. Turn right at the 76km marker onto the 304 FSR at UTM 11U m E and m N. This road runs right through the claim and is used to access the numerous showings. Alternatively the property can be accessed from Kelowna by heading southeast on highway 33 and heading North on Christian Valley Road in Westbridge BC. Christian Valley Road eventually turns into Kettle River FSR. Limited services, including room, board and fuel, are available in Lumby, BC (population < 2000). Vernon, with a population of about 40,000 in the city and immediate surrounding area, is a more major supply centre, located 30 km west of Lumby on Highway 6. Most services needed for exploration are available in Vernon. The closest full-service airports are located in Kelowna or Kamloops. The majority of the property is flat with some rolling hills as seen in Figure 4. The outcrop exposure is moderate to poor with the majority of outcrop being found in the northwester quadrant of the property. The property is well covered with glacial till except for areas that have seen trenching. Some parts of the property are swampy nearby creeks or lakes. Water seems is a bit of an issue for exploration since most of the old workings have been filled by water. The property has seen fairly heavy logging with clear-cut blocks accounting for 50% of area. In damp -1-

5 swampy sections and steeper areas older growth stands of pine, spruce and fir can be found. Some areas, especially near the centre of the claim have poor visibility and are fairly thick due to recent tree planting. The property is between 1680 and 1720 meters elevation resulting in a fairly cool climate with a deep winter snowpack. Summers are warm and fairly short. The area is damper than the valley bottoms, with heavier precipitation in both summer and winter time. Due to the deeper snowpack the recommended earliest time for a site is mid-june and the latest would be mid-october. -2-

6 Figure 1 - Location map -3-

7 Figure 2 - Claim map -4-

8 Lightning Peak Property Assessment Report 3.0 HISTORY 3.1 History of Exploration and Development Lightning Peak Property May20, 2016 The Lightning Peak property history dates back to the 1890s and the formation of the Lightning Peak Camp. According to the Geological Survey of Canada Report, 1930, Part A, little is known about the early history of the area. The first claim staked was the Rampalo in 1897 by Adam and Louis Scaia and Axel Johnson. The historic Lightning Peak, Waterloo and Rampalo properties have seen considerable attention by 1904 with small ore shipment from the Lightning Peak and the Waterloo. Nothing is mentioned about the area again until During these times the work was focused on the Lightning Peak and Waterloo but more properties have been staked around zones of promising mineralization. These include the Dictator showing found on the current claim. The historic Lightning Peak camp map can be seen in figure 3 from the Geological Survey of Canada Report, Figure 3 - Historic Lightning Peak Camp Map, Geological Survey of Canada Report, The biggest challenge faced in the early days of the property was access. Before 1917 all materials including ore were transported via packhorse. In 1917 and 1918 a snowtrail was used. This trail helped transportation, but still it was only economic to transport high grade ore from the Waterloo mine. In 1929 a tractor route was constructed to connect the Lightning Peak Camp to Edgewood BC. -5-

9 The Dictator (082ENE023) was Crown granted in By 1933, the vein had been developed by opencuts and shafts. In 1933, it was recorded that the vein had been traced for about 250 metres and includes 2 water-filled shafts 9 and 12 metres deep respectively. In 1934, Dictator Gold Mines Ltd. was formed and took control of the Crown grant and adjacent claims, including the Morning Minfile (082ENE022). At this time the Morning Showing consisted of two small pits 30 meters apart as well as a trench that exposed a 50cm wide mineralized quartz vein. A 35-metre shaft was sunk and 40 metres of underground workings were developed on the Morning showing. It is recorded that the quartz found in the shaft was of low grade, but gradually improved in both the north and south drifts. High gold and silver assays are noted; including 226 grams per tonne gold and 1444 grams per tonne silver over 10 centimetres, and 8.5 grams per tonne gold and 25.7 grams per tonne silver over 61 centimetres. Between 1948 and 1955 The Crown grant was held by the Paycheck Mining and Development Company Limited that included both the Morning and Dictator claims as well as the Waterloo (082ENE017). During this time there is no work reported on either claim. Two shipments of ore from dumps on the Morning or Dictator property were recorded. It is unknown which dump pile the ore was shipped from or the amount. It is possible that it may have been a part of the recorded Waterloo mine production in The Waterloo shipped 8.6 tonnes of ore that produced 1.86 grams of gold and 7309 grams of silver. Another shipment of unknown origin was made in 1949 that produced 622 grams of silver out of 2.26 of ore. In 1966, Bralorne Pioneer Mines Limited held an option on the Dictator, Morning and surrounding properties. No work was done on either the Morning or Dictator during this time. A magnetometer survey was carried out on the Morning shear in A ground electromagnetic survey was carried out in 1979 in the same area. Between 1983 and 1984 two small geochemical surveys were carried by L.A. Bayrock. These surveys identified weak gold and silver anomalies and the extent of the Morning shear. Later in 1985, L.A. Bayrock staked the AZZA claim that was optioned to Amulet Resources. In 1986 Amulet Resources carried out an extensive trenching program that identified the Azza1 (082ENE072) and Azza 7 (082ENE073) targets. The Azza 1 trench exposes a 6-metre wide zone of intense argillic alteration. One sample taken in by Amulet Resources of a 5-centimetre wide quartz vein, assayed 16.3 grams per tonne gold and 43.5 grams per tonne silver. Amulet resources also carried out an IP survey of the area in In 1987, Amulet Resources carried out a thorough exploration program on the property. Geological mapping, soil geochemistry and more trenching were carried out. More geophysical surveys were done including VLF-EM, magnetometer, IP surveys. Same year Amulet Resources completed 576 metres of diamond drilling in 5 holes. Amulet Resources only filed the geological mapping was as assessment work so no information about drilling is known. It is believed that this work was carried out on the Azza claims only and not the Morning showing. Evidence of drilling has been found near the Morning Mineshaft since then. In 1989 and the Morning Showing was re-staked for Annax Ventures Inc. Same year a small rock and soil sampling program of was carried out. Samples from the dump returned high gold and silver assays. A chip sample of a 1.5-metre wide quartz vein, exposed in a pit 40 metres south of the Morning shaft, assayed 20.8 grams per tonne silver. The most recent work being done in surrounding area is on the Waterloo Property by Tower Resources. Tower Resources carried out a rock sampling survey in In 2012 another rock sampling survey was carried out as well as a VLF survey. Later in 2012 a 1200m 11 hole drill program was carried out that intersected grams per tonne silver over a true width of 0.7 metres (Leslie, 2011). -6-

10 4.0 GEOLOGY & MINERALIZATION 4.1 Regional Geology The British Columbia Geological Survey compiled the regional geology information that is readily available in imapbc or mapplace. Figure 4 shows the geological bedrock and surrounding claims near the Lightning Peak Property. The Lightning Peak Property is found directly on intrusive rocks from the Jurassic period. These consist mainly of Porphyritic granites, granodiorites and monzonites. To the south, Carboniferous to Permian volcanic rocks of the Harper Ranch Group are found. To the East, Cretaceous intrusive rocks of the Ladybird and Valhalla intrusions are found. These include granites and granodiorites. To the west and southwest Proterozoic to Paleozoic metamorphic rocks of the Shuswap Assemblage occur. These consist of quartzofeldspathic gneiss, biotite-quartz schists, amphibolites, quartzites, marbles, calc-silicate rocks, skarns, pegmatites and muscovite granites. 4.2 Property Geology and Mineralization As mentioned earlier the Lightning Peak Property sits on Jurassic intrusive rocks that consist mainly of porphyritic granites, granodiorites and monzonites. Pink granites are also found in the area. Although the granites vary slightly, the most prevalent is a coarse grained, white to pink, porphyritic granite containing 3 to 10% biotite. The 1987 geological mapping of the Azza claims also discovered irregular mafic dikes from less than one metre to perhaps 10 metres thickness. The dikes are fine grained with 40-90% biotite. One outcrop of gabbro has been found during this mapping survey. Felsite of rhyolitic composition has been seen, and is reported to occur in or near the north-south shear zones on the property (Burgan, 1988). Mineralization on the property is hosted in the north-south structures. The Morning shear zone hosts an 83 to 106 centimetre wide quartz vein that strikes north-south dipping 75 degrees. The vein hosts 2% sulphides consisting of pyrite sphelerite and galena, locally up to 10% sulphides. A narrow vein in hanging wall is reported to be heavily mineralized with much larger gold values. The shear zone is reported to be 2.4 metres wide. The Azza 7 showing is found 350 metres to the south of the Morning mineshaft. It is believed that the Azza 7 is an extension of the Morning Shear. At the Azza 7 showing the vein is 1 metre wide with 20% pyrite and minor galena. The vein is hosted in a zone of intense argillic alteration. Another north-south trending shear is found 200 metres to the east of the Morning shear. The Dictator hosts a quartz vein that was reported to be 46cm wide and hosts disseminated pyrite, sphelerite and galena. Gold values have been noted but assays are lacking. The Azza 1 showing is found 900m to the south of the Dictator vein. The showing consists of a 350 degree trending shear zone that has been traced for 950 metres on strike. The quartz veins found in the bulldozer trenches contain pyrite, and anomalous gold and silver assays. They are hosted in zones of intense argillic alteration. -7-

11 Figure 4- Regional Geology -8-

12 WORK PROGRAM The objective of the 2015 work program was to follow up on the previous work done on the property by locating and re-sampling the old workings. All samples were shipped to ActLabs in Kamloops for preparation (RX1 method) and analysis for Trace Element Geochemistry using the 1H package- INAA (Instrumental Neutron Activation Analysis) and Total Digestion ICP (Total). Analytical results are included in Appendix 1. Sample locations can be seen in Figure 5, and the descriptions and sample highlights can be found in Table 2 below. Sample ID Sample Description Au Ag Cu As Pb Type g/t ppb ppm ppm ppm ppm Grab Azza 1 trench. Pit full of water, sample of mineralized qtz rubble near trench. Glassy vuggy quartz with 20% py and gal. 11U m E and m N m E m N. Geochem of quartz vein in shear zone in an old trench (AZZA7). Large.5m meso? vein boulder, 10-15% py and gal m E m N. Geochem of Arillic altered shear zone found in same area Area m E and m N. Area sample of the MORNING Mineshaft. Sample of mineralized quartz in dump as well as some in situ. Galena py and sph visible in area in different%. Large meso vein? In adit w/15% sulphides seen. Heavily mineralized and weathered quartz seen in dumps 30%py Grab m E m N. Geochem of quartz boulder by an old trench. 20% py and 5% gal. Table Rock Sample Results > < 2 < The 2015 work program was successful in locating the Morning, Azza 1 and Azza 7 showings. Most of the samples are of quartz vein material from dumps. Azza 1 yielded elevated gold values of ppb gold. The sample there came from the trench. Unfortunately the trenches on the property are full of water and no vein was found in situ at the Azza 1 workings. Water was also an issue at other trenches on the property including the Azza 7. Azza 1 and Azza 7 were located during the first site visit on May 27 th Two old cabins and old core was found on the trail leading up to Azza 1. The Morning showing was located during the second site visit on June 8 th The area was sampled and investigated. It was reported that the Morning was never drilled, but old core in the vicinity of the mine seems to disprove the fact. A second visit to the Azza trenches was made to check the water levels. During the third and final site visit on Aug 15, 2015, an attempt to locate the Dictator Minfile was made. The young, thick forest that covers the area where the Dictator coordinates were said to be made for a difficult and unsuccessful search. Another quick investigation of the Azza trench water levels was made in the afternoon. Azza 1 trench was still full of water. One trench did dry up and allowed for sample to be collected. -9-

13 Figure 5- Lightning Peak Sample Locations -10-

14 6.0 CONCLUSIONS & RECOMMENDATIONS The 2015 program was successful in locating and sampling three out of the four historical workings on the Lightning Peak property including the Azza 1, Azza 7 trenches and the Morning mineshaft. The results of the follow up rock sampling program seem to match up or slightly exceed the grades recorded in the Minfile reports. The coordinates of these showings have been rectified since most of them have been off by 100 metres. The priority of future work programs should include further attempts at locating and sampling the Dictator workings. An attempt to drain the Azza 1 trench should be made to locate and sample the quartz vein in situ. A thorough soil sampling survey is also recommended on the property to identify other zones of mineralization. -11-

15 7.0 STATEMENT OF QUALIFICATIONS I I, Milosz Mielniczuk, certify that: 1. I am an exploration geologist residing at 327 Evergreen Way Vernon, BC, V1H-2B8. 2. I obtained a B.Sc in Earth and Environmental Sciences at UBCO in I have worked seasonally in the mineral exploration field since I am the owner of Aurum Vena Mineral Resources Co. 5. I personally carried out the work described in this report. Milosz Mielinczuk, B.Sc Date of signing Milosz Mielniczuk Date of signing -12-

16 8.0 COST STATEMENT Lightning Peak Claim Labour Milosz Mielniczuk, Geologist/prospector 2 $300/day $ Expenses 2 return trips to Lightning Peak property 720km x 0.68cts/km $ SPOT GPS $ Report $ Actlabs Samples x3 $ $ Total: $ Lightning Peak 2 Claim Labour Milosz Mielniczuk, Geologist/prospector 1 $300/day $ Expenses 1 return trips to Lightning Peak property 360km x 0.68cts/km $ SPOT GPS $ Report $ Actlabs Samples x2 $ $ Total: $

17 9.0 REFERENCES C. Burgan, Edward, 1988 Geological Report Covering Mapping of a Portion of the Azza Claim. Winnfred Creek, Monashee Mountains, Vernon Mining Division, for Amulet Resources Corporation, Assessment Report 18,009. Imap BC, Regional Geology maps and information, Leslie, Christopher, 2011 Rock Geochemical and Prospecting Report on the Waterloo Property, Vernon Mining Division, for Tower Resources Ltd. Assessment Report Minfile, 082ENE ENE ENE ENE ENE017 MORNING DICTATOR AZZA7 AZZA1 WATERLOO Ven Huizen, Greg, 1989 Geochemical Report on the Xen 1 Mining Claim, Vernon Mining Division, for Annax Ventures, Assessment Report 19,

18 APPENDIX 1 Analytical Results