ASSESSMENT REPORT TITLE PAGE AND SUMMARY

Transcription

1 ASSESSMENT REPORT TITLE PAGE AND SUMMARY TITLE OF REPORT: 2016 Prospecting Report Sphynx Claim TOTAL COST: $ AUTHOR(S): Giacomo Grassi SIGNATURE(S): NOTICE OF WORK PERMIT NUMBER(S)/DATE(S): STATEMENT OF WORK EVENT NUMBER(S)/DATE(S ): YEAR OF WORK: 2016 PROPERTY NAME: Sphynx CLAIM NAME(S) (on which work was done): COMMODITIES SOUGHT: Gold, Lithium, REE, Other Minerals MINERAL INVENTORY MINFILE NUMBER(S),IF KNOWN: MINING DIVISION: Golden NTS / BCGS: 082N027 LATITUDE: " LONGITUDE: " (at centre of work) UTM Zone:11N EASTING: NORTHING: OWNER(S): Giacomo Grassi MAILING ADDRESS: #314, Street NE Calgary, AB T3K0K5 OPERATOR(S) [who paid for the work]: Giacomo Grassi MAILING ADDRESS: REPORT KEYWORDS (lithology, age, stratigraphy, structure, alteration, mineralization, size and attitude. Do not use abbreviations or codes): Quartz, Slate REFERENCES TO PREVIOUS ASSESSMENT WORK AND ASSESSMENT REPORT NUMBERS:

2 TYPE OF WORK IN EXTENT OF WORK ON WHICH CLAIMS PROJECT COSTS THIS REPORT (in metric units) APPORTIONED (incl. support) GEOLOGICAL (scale, area) Ground, mapping Photo interpretation GEOPHYSICAL (line-kilometres) Ground Magnetic Electromagnetic Induced Polarization Radiometric Seismic Other Airborne GEOCHEMICAL (number of samples analysed for ) Soil Silt Rock 1 sample assayed $ Other DRILLING (total metres, number of holes, size, storage location) Core Non-core RELATED TECHNICAL Sampling / Assaying Petrographic Mineralographic Metallurgic PROSPECTING (scale/area) PREPATORY / PHYSICAL Line/grid (km) Topo/Photogrammetric (scale, area) Legal Surveys (scale, area) Road, local access (km)/trail Trench (number/metres) Underground development (metres) 1 Hour Labourer $35.00 Other TOTAL COST $ Page 2 of 2

3 2016 Prospecting Report Sphynx Tenure# Event# Tenure Name: Sphynx Golden Mining Division Map 082N Tenure Coordinate Reference Latitude: & Longitude: Report By: Giacomo Grassi FMC# August 5 th 2016

4 Index Page 1) Title Page Page 2) Index Page 3) Introduction/Location & Access/Summary & Conclusion Page 4) Expenditure/Qualifications/Tenure Page 5) Gold & Lithium Assay Results Page 6) Rare Earth Assay Results Page 7) 32 Element Assay Results Page 8) Geographical Location Page 9) Topographic Map & Work Area Page 10) Geology Map & Legend Page 11) Pictures of claim & Chip Sample 2 P a g e

5 Introduction This prospecting report is based upon observations and assay results that were done on Sphynx. The claim is comprised of 1 cell, or hectares. Physical work was done on June 27 th 2016 and assay results were received July 20 th 2016 from Loring Labs in Calgary. This claim used to be part of tenure # which has no previous work report. There was also no MINFILE to reference for the area. The purpose of this work was to test new ground and see if any possible concentrations of minerals exist here. Location & Access The Sphynx claim is located kilometers west of Calgary or 34 kilometers east of Golden. To arrive at the claim from Calgary, drive 245 kilometers west along the TransCanada highway and turn right at Glenogle Creek FSR. From there you will drive 1.5 kilometers and take your first right. Then follow the road for another 1 kilometer and you will arrive at the claim. The property is easily accessible and road is well maintained. Summary & Conclusion On June 27 th, a brief prospecting program was carried out on the Sphynx claim in order to assess the area and collect a sample for assaying. A chip sample was taken at an outcropping (see pictures below) and sent to Loring Labs for chemical analysis. Gold, Lithium, Rare Earth Elements and a 32 element ICP analysis was done to see what possible minerals could exist here. On July 20 th, assays results were received and tests show that Gold, Lithium, some Rare Earth Elements, and numerous other minerals were present (Assay results listed below). 3 P a g e

6 Work Date June 27 th 2016 Summary of Exploration Expenditures Labourer(1 Hour).. $35.00 Gas.. $10.00 Geochemical Assay Testing $ Total $ Qualifications for Giacomo Grassi - Graduate Gemologist (GIA: Diamonds & Gemstones) / 4 Years - Hard Rock Prospecting / 3 Years - Placer Prospecting / 3 Years Giacomo Grassi FMC# P a g e

7 LORING LABORATORIES LTD. 629 Beaverdam Rd NE. Calgary, AB T2K 4W7 +1 (403) To whom it may concern, We are the analytical laboratory that initially performed the lithium assays for Mr. Giacomo Grassi for the ARIS reports #36158, #36170, and #36163, as well as for Event # It has been brought to our attention recently that the lithium concentration data in those displayed a wide range of variations. Since then, both the management and the technical team carried out thorough internal investigations. It was found that an incorrect wavelength for our ICP-OES was used in determining the Lithium concentration of the samples in question. Resulting in elevated apparent lithium concentrations due to matrix interference. We re-assayed the samples with this possible issue employing an internal sample standard of a known concentration of Lithium and pinpointed the correct wavelength at which a new set of Lithium concentration data was determined. The new set of data is believed to reflect the subsurface concentration better, and we would like to file for an official change in data for the aforementioned reports. A copy of the original reported numbers and the new reassay values is attached to this letter for your reference (See Appended Table 1.). Kind regards, Adrien Banza, Laboratory Supervisor Loring Laboratories Ltd.

8 LORING LABORATORIES LTD. 629 Beaverdam Rd NE. Calgary, AB T2K 4W7 +1 (403) Table 1: Initial Reported Result Vs. Re-Assay Results for GIACOMO GRASSI Reference Number Sample Initial Reported Result Number (ppm) Re-Assay Results(ppm) ARIS ARIS ARIS EVENT #

9 Gold & Lithium Assay Results 5 P a g e

10 Rare Earth Assay Results 6 P a g e

11 32 Element Assay Results 7 P a g e

12 Geographical Location 8 P a g e

13 Topographic Map & Work Area 9 P a g e

14 Sphynx Geology 10 P a g e

15 Pictures of work area & chip sample Chip Sample Work Area 11 P a g e