TITAN 24 DC/IP & MT. Case Studies

Transcription

1 TITAN 24 DC/IP & MT Case Studies

2 15 YEARS f Deep Success Cpper Mtn Kemess

3 Sme f ur TITAN clients Barrick Gld Crp. Dept. f Energy (Nevada) Nranda/Falcnbridge Inc. FNX Mining Cmpany Inc. Placer Dme Inc. Breakwater Resurces Tribute Minerals Inc. New Gld Barker Minerals Inc. MILPO The O.T. Mining Crpratin Almaden Minerals Linre Mining Internatinal Ltd. New Nadina Explratins De Beers Cnslidated Mines Limited Mining Ventures Brazil Apll Gld Crpratin Denisn Mines NADR Crpratin Malbex Resurces Kennectt Explratin Cmpany Areva Resurces Camec Crpratin Nrthland Resurces Ontzinc Crpratin Inmet Mining Gldcrp Inc. Bxxer Gld Newmnt Mining Crpratin Cpper Muntain Mining Crp. Wallbridge Mining Cmpany Limited Ormat Technlgies Inc Limited Huckleberry Mines Dept. f Energy (Nevada) Castillian Resurces FNX Mining Cmpany Inc. Vale Argentina Kennectt Explratin Cmpany Rmis Gld Resurces Camec Crpratin Nrthern Freegld Ontzinc Crpratin Xstrata Cpper Gldcrp Inc. Rsemnt Cpper Newmnt Mining Crpratin Regulus Resurces Wallbridge Mining Cmpany Limited Agnic-Eagle Mines Inc Limited Kazakhmys Explratin

4 Cntents Case studies Prphyry Cpper Muntain New Nadina Kemess, BC Cpper/Gld Red Chris, BC Trek, BC Carlin Trend, Nevada Shear System Gld Nrth Cuntry Gld, Nunavut Gralheira, Prtugal Greenstne, Ontari Uranium VMS Nickel Athabasca Basin, AREVA Athabasca Basin, Dennisn Buchan's, Nfld Kidd Creek, Ontari Halfmile, NewBrunswick Offset dyke, Sudbury Diamnds Jwaneng, Btswanna Epithermal Gld Chelpech, Bulgaria

5 Case Study: Cpper Muntain, BC Cpper Muntain Mine- Prphyry

6 Explratin Objectives T cnfirm cntinuity f mineralizatin between the pits. T test and pssibly expand reprted resurces between existing pits in rder t identify a new merged pit- knwn as the Super Pit. T identify the ptential fr large, deep-seated prphyry depsits thrugh a cmprehensive minesite explratin prgram. Images f Active Pits and Gelgy with Titan 24 Line Lcatins

7 IP Plan (200 m) and 3D Map IP anmalies centred ver current pits 3D image shws cntinuity f chargeability t depth

8 Integrated 2D IP and Gelgy

9 Cpper Muntain- Survey Results Effective survey in a nisy envirnment Identificatin f targets t depth Cnfirmatin f gelgic mdel Drilled 37 m f re based n Titan 24 results Drill results led t $29 m f financing Identified a new merged pit knwn as the Super Pit In 2008, Cpper Muntain succeed in finishing ne f the largest drill prgrams in Canada (106,000 meters) and increased the resurce estimate by 45% t 5 Billin punds f cpper. The gal f the prgram was achieved when the results cnfirmed cntinuity f mineralizatin between the pits. The Current mine plan merely scratches the surface f the visible anmalies that extend t depth. Cpper Muntain will cntinue t test these deep anmalies and sees blue sky ptential t develp a wrld class depsit upn successful prf f mineralizatin belw the planned super pit utline.

10 New Nadina, British Clumbia Silver Queen- Prphyry

11 Silver Queen- Explratin Objectives T map and define znes that culd represent a ptential prphyry system as well as related silver and cpper depsits. Identify new targets assciated with vein-type mineralizatin within the Silver Queen prject area. Map and delineate ptential prphyry targets fr drill testing.

12 DC Resistivity & IP Chargeability Sectins Over Target B Discvery Drill Hles Shwing Assay Results Itsit Discvery at 400m depth Discvery Drill Hles Shwing Assay Results Itsit Discvery at 400m depth

13 MT Resistivity Sectin Over Target B Discvery Drill Hles Shwing Assay Results Itsit Discvery at 400m depth Open at 1000m depth

14 Itsit Prphyry System

15 Silver Queen- Survey Results TITAN 24 successfully identified and delineated tw new targets (A and B.) Drill testing f Target B led t the discvery f the Itsit depsit (a Cu-Au and M Prphyry style stck-wrk mineralizatin.) The 3D DCIP and MT inversin results f the data led t a better definitin f the prphyry system utlines and the detectin f new highly prspective targets, increasing the size f the depsit dramatically. TITAN 24 was very successful at detecting bth shallw vein-type and deepseated Prphyry-style targets assciated with significant mineralizatin t depths f 800m.

16 Nrthgate Minerals, BC Kemess Mine- Prphyry

17 Kemess Nrth British Clumbia Prphyry Au Cu depsit with ptential fr mre re nearby ratinale fr Titan 24 survey

18 Kemess Nrth Frward Mdeling Mdeled gelgy with gephysical parameters assigned. Calculated respnse shwing respnse frm mine as well as new targets.

19 Kemess Nrth Orebdy Extensin

20 Kemess Nrth - Results Mine site characterized using gephysical signatures. 2 new rebdies fund Altus Zne and Or Zne -- gd value frm gephysics (i.e. gephysics wrks). Drilling f Titan 24 anmalies led t 141 m f 0.39 g/t Au and 0.31% Cu largest intercept in camp t date. Prved ability f system t perfrm in very rugh, muntainus terrain with reliable results t depth.

21 Press release- Nrthgate Minerals With the validatin f the Titan system as an explratin tl fr the terrain and depsit types in the Kemess camp, additinal surveys have been cntracted t mre cmpletely map ut the area arund hle KH-07-04, as well as t explre ther areas f the Kemess Nrth system and areas adjacent t the Kemess Suth pit. In additin t this survey wrk, Nrthgate will be drilling additinal hles in and arund the Altus and Ora znes during the 2007 explratin seasn. Ttal explratin expenditures n the Kemess prperty in 2007 are nw expected t reach $4 millin. Ken Stwe, President and CEO

22 Imperial Metals, BC Red Chris: Cu-Au

23 Red Chris- Explratin Objectives T define the depth and strike length ptential f the Cu-Au mineralizatin prir t full mine develpment and t guide additinal deep drilling. T define the quartz stckwrk system cntaining the mineralizatin t depth and t determine if the system is cnnected slely t the Red stck mnznite. T assist in the targeting f deep explratin hles.

24 Advanced Stage Survey 2007 drill results revealed the ptential fr high grades beneath the current pit design. A Titan 24 survey tested t depth.

25 TITAN 24 DC/IP & MT Survey Red Chris TITAN 24 survey line lcatin (blue,) prpsed pen pit utline (brwn) and detail sectin prfile lcatin (red.) Survey grid f 13 lines. A ttal f 30 line-kilmetres f DCIP and MT was cmpleted (40 linekilmetres with current extensins.) 2.4 km line length, 400m spacing.

26 Red Chris Lking West Sectin DC Resistivity MT Resistivity IP Chargeability

27 Red Chris Gephysical Lng Sectin MT Resistivity IP Chargeability DC Resistivity

28 Red Chris- Survey Results DCIP suggests that mineralizatin extends t depths greater than 1 km. IP indicates significant depth t mineralizatin. Lithlgy mapped ut by MT in particular, by resistivity in general. Bunding fault structures are imaged by DC and MT resistivity. Red Chris mineralizatin appears t extend t depth and alng strike. The Red Chris and Red Stck vein systems extend t depths beynd the extent f previus drilling.

29 Rmis Gld Resurces Inc. Trek Prperty, BC, Canada

30 Rmis Gld Resurces Inc. Rmis_ _Trek_NI_43-101

31 Rmis Gld Resurces Inc.

32 Rmis Gld Resurces Inc.

33 Rmis Gld Resurces Inc. A new, high-grade cpper discvery, called the Lwer Breccia Zne, lies belw the knwn mineralizatin at the Nrth Zne and was intersected during the 2011 drill campaign. It is spatially cincident with a large and cnductive gephysical anmaly previusly identified by the Titan 24 gephysical surveys. Rmis, Pess Released (TrekStatusASM)

34 Rmis Gld Resurces Inc.

35 Newmnt, Nevada Cpper Basin: Cu-Au-M

36 Cpper Basin- Nevada Newmnt s Buckingham stckwrk mlybdenum depsit is lcated in the Cpper Basin area f Nevada. It cmprises a Late Cretaceaus calcalkaline prphyry system estimated t cntain mre than 1,000 millin tns f mineralized rck averaging 0.10 weight percent M and small amunts f Ag, W, Cu and Au.

37 Cpper Basin- Nevada A Titan 24 survey was cnducted acrss an area f histric Cu and Cu-Au pen pit mining in the Cpper Basin area f Central Nevada. The aim f the survey was t map chargeability anmalies assciated with ptential secndary supergene chalccite cpper mineralizatin and cpper Skarn hypgene mineralizatin. The survey traverses an area between histric pen pits.

38 TITAN 24 DCIP & MT Survey Prfile Tp panel: EVA rtated PW 2D inversin; Middle panel: DC Resistivity UBC smth inversin; Bttm panel: Chargeability UBC smth inversin.

39 Cpper Basin- Results Intrusives mapped t depth 3 pririty drill targets identified frm IP Further justificatin t perfrm additinal surveys

40 Nrth Cuntry Gld, Nunavut Three Bluffs: Gld

41 Three Bluffs: Explratin Objectives T use TITAN 24 as a cst effective means f identifying drill targets. T detect deep cnductive znes that reflect extensins f knwn mineralizatin. Cmplete an rientatin survey t identify additinal cnductive znes r blind cnductrs in the immediate Three Bluffs area.

42 Three Bluffs- Survey Results Vlumetric illustratin f 3D resistivity is-surfaces with histric drill-hles and simplified gelgy representing banded irn frmatin. Vlumetric illustratin f 3D chargeability is-surfaces with histric drillhles and simplified gelgy representing banded irn frmatin.

43 Three Bluffs- Resurce Estimate

44 Three Bluffs: Survey Results Titan 24 successfully identified at least five gephysical anmalies in the DCIP results frm near surface t apprximately 500 m depth. Three anmalies were classified as high pririty targets. A deep cnductr mre than 300m deep was identified as a high pririty target (ptential extensin f knwn mineralizatin.) Resistivity lws extend t least 500m depth ver much f the surveyed area, further supprting the ptential t extend significant gld mineralizatin t depths beynd thse drilled t date. The depsit cmprises a current NI cmpliant resurce f 2.7 Mt at 5.85 g/t gld fr 508,000 z gld (indicated) and 1.27 Mt at 5.98 g/t gld fr 244,000z gld (inferred).

45 St. Elias Mines/ Kernw Resurces JV, Prtugal Gralheira/Jales: Gld

46 Grahleira/Jales Prperty The Gralheira/Jales Gld Prperty cvers apprximately 1,250 acres (500 hectares) and is lcated in nrthern Prtugal. The The Gralheira gld and silver depsit lies 700 metres nrth f the Jales mine and is cntained within an extensive mineralized shear zne that extends fr 3,000 metres. The main gld mineralizatin is hsted within a system f sub-parallel veins ranging frm 0.5 m t 1.5 m in width. Jales was mined t a depth f apprximately 620 m and is knwn t be a mesthermal system, as is Gralheira.

47 Explratin Objectives T prve that the vein system cntinues t depth. T strengthen the gelgic understanding utside f previusly drilled areas, and t reduce verall drilling csts by eliminating unprspective grund frm explratin drilling. T enhance explratin effrts in the vicinity f the mine, prviding drill targets related t satellite re bdies.

48 A) L100W SHARP 2D IP CHARGEABILITY Shallw Chargeability Targets (<500m) Deep Chargeability Targets (>500m) B) SMOOTH 2D DC RESISTIVITY C) EVA-ROTATED PW 2D MT RESISTIVITY Lw Resistivity Zne Extending t Depth Deep Lw Resistivity MT Targets (>500m)

49 TITAN 24 Survey Results TITAN surveys have identified ver 15 majr chargeability high and resistivity lw anmalies, that are cnsistent with vein-gld mineralized znes, and lie buried frm m depth. Anmalies are riented alng 5 linear trends (A-E) that extend acrss the prperty. Zne A crrespnds t the main Gralheira vein system. It is mapped frm surface t > m depths as an IP high feature. Additinal secndary veins are indicated nrth f main Gralheira system. Zne B is a secndary system that subcrps and lies suth f Gralheira. Zne D is a buried system nrth f Gralheira. Znes E and C are deeper features with weaker IP signatures. Twenty-five anmalies are drill-targeted, including 8 first pririty features that ffer sufficient strength and depth-extent.

50 Fllw-Up Drill Results Prir t this drill prgram, the majrity f hles previusly drilled alng the 2,000 m strike length f Gralheira tested fr mineralizatin nly between the surface and a depth f 200 m. The single deepest previus intercept was 300 m belw surface The drill prgram cnsisted f 11 drill hles, sme intersecting high grade gld and silver mineralizatin. The drill prgram successfully intersected mineralizatin up t 511 m belw surface, with mst drill hles intersecting mineralizatin between 380 m and 480 m belw surface.

51 Queenstn Mining, Ontari Upper Beaver: Gld/Cpper

52 Upper Beaver- Ontari Upper Beaver Mine prduced 140,000 z f Au and unknwn amunt f Cu during 1920 s

53 Upper Beaver- Overview Three main znes f mineralizatin Underlain by mafic vlcanic rcks t the nrth and felsic vlcanic rcks t the suth. Syenite plug intrudes mafic vlcanics nrth f main shaft. In 2005 and 2006 Queenstn cmpleted 73 drill hles utlining multiple Au - Cu znes lying adjacent t and belw the Upper Beaver mine.

54 Upper Beaver Suth Cntact Zne MT, DC, IP and IP Plan Map Altered and mineralized znes in silicified, epidtized, carbnated, and brecciated mafic vlcanic and sedimentary rcks Significant IP respnse Lw DC / MT respnse

55 Upper Beaver Beaver Nrth Zne MT, DC, IP and IP Plan Map Series f steeply nrth dipping breccia znes cntaining chalcpyrite, magnetite, pyrite and visible Au in a variety f rck types Significant IP respnse Cnductive DC / MT respnse

56 Upper Beaver Nrth Basalt Zne MT, DC, IP and IP Plan Map Steeply dipping znes f Au and Cu mineralizatin in brecciatred and altered basalt at nrth cntact f syenite plug. N IP respnse Distinctive DC / MT respnse

57 Upper Beaver TITAN 24 Results Distinct signatures crrespnding t three znes f mineralizatin Mineralizatin ver Ming Mine characterized. In additin, five new znes pstulated based n signatures Three are high pririty tw are lesser anmalies

58 Dundee Precius Metals, Bulgaria Chelpech, High Sulfidatin Epithermal Gld

59 Gelgy and Physical Prperties Rck Type Resistivity Chargeability Carbnate sediment m 0.1 mrad Flysch sediment 200 -m 0.2 mrad Sandstne sediment 100 -m 1 mrad D F Andesite vlcanic 200 -m 5 mrad Massive Sulphide 1 -m 100 mv/v Metamrphic basement (@ 1km) 500 -m 10 mv/v Sectin AB B C Blck 151 A B 0 200m E Blck 109 A Kapitalna Shaft Blck m Plan View - Chelpech Depsit Slice f level 405 RL N GEOLOGY LEGEND FLISH ANDESITE LIMESTONE SILICA ENVELOPE SANDSTONE >4 g/t Au eq Blck 109 Level 405 ANDESITE TUFF FAULTS ANDESITE BRECCIA METRES Blck 151 Blck 151 Digital images & Physical Prperties frm Balkan Resurces Ltd. Chelpech Depsit - Western Zne Crss Sectin 4 g/t Au eq GEOLOGY LEGEND FLISH ANDESITE lking SW METRES LIMESTONE SANDSTONE ANDESITE TUFF ANDESITE BRECCIA SILICA ENVELOPE >4 g/t Au eq DRILLHOLE

60 CASE 1: Titan DCIP Inversins ver Sectin AB - Chelpech West This is a Gephysical Chargeability Mdel f Sectin AB Shwing 109 & 151 Orebdies This is a Gephysical Resistivity Mdel f Sectin AB Shwing 109 & 151 Orebdies 100mrad Sulphides <1mrad Sediment Cver 5mrad Andesites 1 hm-m Sulphides 100-1k hm-m Sediment Cver 200 hm-m Andesites 10mrad Metamrphic Basement This is a 2D IP Gephysical Inversin Mdel that Explains the Titan IP Prfile Respnse acrss AB 500 hm-m Metamrphic Basement CONCLUSIONS: CHELOPECH-TYPE OREBODIES AT m DEPTH ARE DETECTABLE This is a 2D DC Gephysical Inversin Mdel that Explains the Titan DC Prfile Respnse acrss AB Nte: a) Orebdies Detected but Nt Reslved b) Anmalies Abve & Belw are due t Cntacts Nte: a) Orebdies Detected but Nt Reslved b) Gelgic Cntacts Abve Zne well Reslved

61 CASE 2: Titan DCIP Inversins ver Sectin AB with Satellite Orebdies This is a Gephysical Chargeability Mdel f Sectin AB with Additinal Satellite Orebdies This is a Gephysical Resistivity Mdel f Sectin AB with Additinal Satellite Orebdies CONCLUSIONS: SATELLITE OREBODIES AT m DEPTH ARE POTENTIALLY DETECTABLE AND RESOLVABLE WITH TITAN DCIP. This is a 2D IP Inversin Mdel that Explains the Titan IP Prfile Respnse acrss AB This is a 2D DC Inversin Mdel that Explains the Titan DC Prfile Respnse acrss AB Nte: a) Orebdies Detected but Nt Reslved b) Satellites Detected Appear Md-well Reslved Nte: a) Orebdies Detected but Nt Reslved b) Satellites Detected & Appear Md-well Reslve

62 Cnstrained DCIP Inversins ver Sectin AB with Satellites Resistivity Reference r Cnstrained Inversin Resistivity Reference fr Fwd Mdel Data Cnstrained 2D Resistivity Inversin Rati-Resistivity fr Cnstrained DC Inversin CONCLUSIONS: Cnstrained DCIP Inversins Imprve Reslutin and Detectability in areas f Knwn Gelgy. Chargeability Reference r Cnstrained Inversin Chargeability Reference fr Fwd Mdel Data Cnstrained 2D Chargeability Inversin Delta-Chargeability fr Cnstrained IP Inversin

63

64 Crrelatin with knwn

65 Crrelatin with knwn

66 New knwledge in histric camp

67 New deep targets

68 Deep structure identified

69 Chelpech: Minesite imaging benefits Principal re bdy characterized New targets with signatures similar t main re bdy discvered Rapid explratin Effective drill budgeting based n targeting Effective explratin demnstrated in very mature setting

70 Areva Resurces, Athabasca Basin Shea Creek: Uranium

71 Explratin Objectives Define DC, IP and MT signatures assciated with knwn Uraniumbearing alteratin znes at Clette, Kianna, and Anne Areas. Test Titan multi-parameter capability, particularly Magnettellurics, in direct cmparisn with Galvanic Ple-Ple Array DC Resistivity and Mving-Lp Transient EM currently used.

72 Shea Creek- Survey Results

73 Shea Creek- Survey Results

74 Shea Creek- Survey Results Field surveys crrbrated Quantec s initial MT & DC synthetic mdeling studies. Titan results crrbrate histrical Alteratin zne resistivity lws. DCIP data prvides mre fcused resistivity mapping in sandstnes. Titan MT results crrbrate histrical UTEM basement graphitic cnductrs and als Sandstne alteratin znes; MT has the capability f mapping bth types f gelgic features in a single survey.

75 Denisn Mines, Athabasca Basin Phenix Depsit, Wheeler River Prject: Uranium

76 Phenix Depsit The Phenix Depsit, discvered in 2007 by a TITAN 24 survey, is an uncnfrmitytype uranium depsit n the sutheastern margin f the Athabasca Basin, lcated apprximately midway between the McArthur River mines and the Key Lake mill. The Phenix depsit has been identified alng a strike f 900+ m, assciated with a graphitic shear zne adjining a basement quartzite ridge

77 Explratin Objectives T use TITAN 24 DC/IP t help delineate structures cntaining uncnfrmity Uranium mineralizatin fr efficient drill planning. T cnstruct a cmplete gephysical map f the prperty t better understand basement structure. Previus Explratin A TITAN 24 survey cnducted in 2007 clearly identified the alteratin zne assciated with Phenix as a cnductive zne prtruding thrugh the uncnfrmity. Several fllw-up surveys cnducted in subsequent years prvided a detailed and cmprehensive map f basement structures, and mapped the Phenix zne alng strike. Drilling has mapped a high-grade zne ver a strike f 250+ m, and the depsit remains pen in all directins.

78 DC Resistivity Plan Map, 450 m Depth

79 Titan 24 Survey Results The structure hsting the Phenix depsit is well defined as a cnductive lineament in the basement. Several ther cnductive lineaments in the basement prvide secndary explratin targets. TITAN 24 DC Resisitivity Sectin, Line 4000N

80 Assay Results fr Phenix Depsit

81 Rambler Metals & Mining, Newfundland Ming Mine: VMS

82 Rambler- Newfundland Ming Mine re is frm a special class f VMS depsits that are Au rich

83 Explratin Objectives Prvide targets related t cnductive / plarisable hrizns, pds, and massive t disseminated Cu, Zn, minr Pb, Au and Ag re frm knwn znes. Help identify mineralizatin types - stratifrm vlcangenic massive sulphides, disseminated stringers f sulphides in the ftwall zne, and epigenetic shearhsted mineralizatin verprinting massive and ftwall re. Titan 24 chsen fr its high reslutin, deep drill targeting capabilities and effectiveness in minesite envirnments.

84 Rambler- Survey Results Orebdy shwn in Red. Depths are 700 m fr IP, DC and 1300 m fr MT. IP des nt utline rebdy; may be t deep t reslve anther strng IP signature present. Resistivity sees the tp f the rebdy but des nt terminate. Bth sets f MT results shw anmalies fr rebdy and pssible extensin t depth.

85 Rambler- Stacked MT Plan Maps Orebdy shwn in Red. Depth estends t 1300 m. MT shws that Ming rebdy ccurs at the juncture f tw structures. East West structure dminates frm 200 m t depth. Nrthwest structure present frm 200 m t 600 m.

86 Rambler- Stacked MT Plan Maps Orebdy shwn in Red. Depth extends t 1300 m. IP shws that Ming rebdy has an IP signature except where re has been mined. East West anmalies near bttm right crner thught t represent a thrust fault. Pssible surce f mineralizing fluids.

87 Rambler- Survey Results 2 distinct gephysical targets termed a pririty fr drilling with ther lwer pririty anmalies. Anmalies assciated with the Ming Mine and satellite re dip steeply t the nrtheast, and appear as an MT cnductivity high, resistivity cntrast in DC, and an IP high. Opprtunity fr additinal mineralizatin at depth (- 600m) t the east f the central nrth-nrthwest fault zne. DCIP and MT data quality is gd. Sme cultural influences n all lines frm pwer lines and infrastructure.

88 Falcnbridge/Xstrata Cpper : Timmins, ON Kidd Creek Mine: VMS Falcnbridge Ltd. ONTARIO MINISTRY OF NORTHERN DEVELOPMENT AND MINES

89 Kidd Creek Cpper-Zinc Silver Depsit Lcated in Timmins, Ontari The Kidd Creek Depsit lies within the Abitibi greenstne belt Xstrata Cpper and its predecessrs have been mining the Kidd Creek cpper/zinc depsits since The Kidd depsit is ne f the largest VMS re depsits in the wrld, and ne f the wrld's largest base metal depsits The Kidd mine is the deepest mine belw sea level in the wrld

90 Kidd Creek Titan 24 Survey Line Lcatins Titan 24 Lines Mine Buildings and Wrkings 0 1 km Kidd Creek Open Pit

91 Kidd Creek- Ontari Drillhle Intersectin Pints Massive Sulphide Intersectin Graphitic Argillite Uncnstrained Inversin Surface 400m Belw Surface 800m Belw Surface DC IP Anmaly Chance (33 mvlt/vlt) Massive Sulphide Mineral Occurrence with Graphite 176,900 tnnes grading 12.8% Zn, 3.24% Pb, and 178g/t Ag DDH K64-02C MS Py-Sph 15-20% Zn Graphitic Argillite DC IP Anmaly Nrth Rhylite (32.3 mvlt/vlt) Rhylite Hrizn with lcal MS Py & Graphite DDH Graphite MS Py DDH % Py 10,000 5,000 1, DC IP Resistivity hm.m

92 KIDD CREEK VMS Mine site survey In this blind test, f 50 targets supplied 45 were direct technical successes in the tp 800 metres, 5 new untested features were fund Penetrated cnductive verburden > 50 metres Titan DC resistivity data crrespnds very well t knwn gelgy Nrth Rhylite w.r.t. Depth reslutin(>500m), Dip indicatins Cntacts/ true-widths, and vertical Extent Drillhle Intersectin Pints Massive Sulphide Intersectin Graphitic Argillite Surface 100 s f barren drill hles in this vlume ver 15 years = greater than $15M Cluster f MS Py Intersectins 520m Belw Surface 400m Belw Surface 800m Belw Surface Titan DC Resistivity Line 108 Chance Mineral Occurrence 400m belw Surface Undetectable by traditinal technlgies Massive Sulphide with Graphite 176,900 tnnes grading 12.8% Zn, 3.24% Pb, and 178g/t Ag 800 m Fcused drilling saves TIME & MONEY! 10,000 5,000 1, DC IP Resistivity hm.m

93 Kidd Creek- Ontari Where t Drill? Millins f dllars spent n drilling diamnd drill hles ending in the barren rhylite (circled area). Titan 24 DCIP/MT survey indicated that the rhylite was barren

94 2000 m Kidd Creek VMS Depsit Cnstrained 2D MT RATIO-M Analysis in Gcad (Difference Between Actual and Predicted Mdel) L11600N L11400N L11200N L11000N L10800N Differences Represent Areas f Interest fr Fllw-up Chance Nrth Rhylite Graphitic Argillite 0 500m Kidd Creek Ore Bdy View frm Abve / SE

95 TITAN 24 Survey Depth Reslved sulphides and graphite t 750 metres (IP) Mapped rhylite unit t ver 1 kilmetre (MT) Overburden Penetrated ver 50 m f cnductive cver Nise Titan survey cnducted at Kidd Creek Mine & Mill site Accuracy Reslved Chance depsit that was undetectable by cnventinal means 45 ut f 50 anmalies were drill prven N false anmalies

96 TITAN 24 Benefits at Kidd Creek New targets identified in a mature setting $20 millin in explratin drilling f deep barren hles ver 15 years culd ptentially have been saved Rapid explratin

97 Trevali Mining Crp., New Brunswick Halfmile Mine: VMS

98 Halfmile Mine- New Brunswick Cnventinal gephysics had failed t detect and map t depth the largest f the three massive sulfide lenses fund at the Half Mine base metal VMS depsit in New Brunswick. The deepest and largest sulfide lens was left undiscvered fr decades. As a result, the full value f the depsit was nt knwn.

99 Halfmile Mine- New Brunswick The Halfmile Mine is lcated in nrthern New Brunswick, Canada, apprximately 60 kilmetres suthwest f Bathurst and 40 kilmetres frm the Brunswick 12 Mine in the Bathurst Mining Camp. The prperty cnsists f 73 claims and cvers an area f 1,104 hectares. The prperty was heavily explred by Xstrata Zinc and its predecessr cmpanies at intervals since the 1960s. Trevali believes that its Halfmile and Stratmat prperties represent the largest and highest-grade undevelped depsits in the Bathurst Mining Camp. Gelgy The Halfmile Prperty cntains 4 sulphide znes: Upper, Lwer, Deep and Nrth. The depsit is a vlcanic-sediment-hsted massive sulphide depsit and is ne f ver 45 massive sulphide depsits in the Bathurst Mining Camp. Rcks are f Ordvician age and have undergne a cmplex histry f plyphase flding and faulting. The depsit is structurally verlain by rhylitic and dacitic rcks as well as discnfrmable quartz-wackes and pelites.

100 Half Mile Mine- TITAN 24 Results TITAN 24 detected and mapped the vertical extent f the Half Mile base metal VMS depsits in New Brunswick, t a depth f ver 1500 m. As a result Titan 24 was able t map the largest and deepest massive sulfide lens that was discvered several decades after the initial discvery f the near surface zne. 2 Km

101 FNX, Sudbury Nrman, Nickel Sulfide

102 Nrman & Levack- Sudbury, ON The Nrman and Levack mine site prperties are lcated just utside f Sudbury, Ontari alng the knwn Sudbury cntact, ftwall and ffset Ni-Cu massive sulfide mineralizatin. The Sudbury structure has been accepted t have been caused by a giant meterite impact.

103 TITAN 24 Survey Depth MT detected 2000 Zne at ver 600 m depth ff-sectin t survey. Nise Titan survey cnducted in area f pwer lines and railrads. Accuracy Survey mapped bttm f Whistle Open Pit and Whistle Wildcat re znes. All knwn mineralizatin mapped in a mature envirnment. Nrman: Offset Dyke-Hsted Ni+TPG Gelgic Crss-sectin

104 Nrman Plan View N 5250m Titan Survey Lines (l=2.4km) Parkin Dyke Whistle Open Pit (filled) Hanging Wall SIC Cntact Nrth Zne Suth Zne 2000 Zne Line 5400 Line 5250 Line 5100 Line 4950 Line 4800 Ftwall 1975m

105 Uncnstrained 2D DC Resistivity Inversin Whistle Open Pit Nrth & Suth Znes Whistle Wildcat Survey lines 2000 Zne 100K (lg hm-m) 1K

106 Uncnstrained 2D IP Inversin 2 Km Whistle Open Pit Nrth & Suth Znes Whistle Wildcat Survey lines 2000 Zne 0 (milliradians) 50

107 Uncnstrained 2D MT Inversin Whistle Open Pit Nrth & Suth Znes Whistle Wildcat Survey lines 2000 Zne 100K (lg hm-m) 1K Resistivity fr Deep Cnductrs

108 De Beers, Africa Jwaneng Mine: Diamnds

109 Jwaneng- Minesite Survey Jwaneng Diamnd Mine is the richest diamnd depsit wrldwide by value and a key driver in Btswana mining

110 Jwaneng Mine- Overview Kimberlite pipe discvered in Cmprises three steep-sided pipes that cnnect t each ther apprximately 100m belw the present day surface. The pipes are referred t as the Suth, Centre and Nrth lbes. Jwaneng pipes are dminated by tw types f kimberlite a vlcaniclastic kimberlite and a dark pyrclastic kimberlite. Titan 24 survey bjective was t image lbes t depth fr reliable mapping f depsit size and gemetry.

111 Explratin Objectives T determine the ge-metric characteristics f the pipe well belw the limitatin f current physical infrmatin frm mining and drilling. Imprve mine planning and prvide future cash flw implicatins by better estimating future mining ptential. Explratin Challenge: Operating within the active mine envirnment while cllecting accurate and useful infrmatin in an extremely culturally effected area.

112 Jwaneng- Survey Results Titan mapped gemetry f kimberlite pipe t 800m. Resistivity cntrasts within the kimberlite, assciated with different diamnd bearing facies were mapped with the Titan 24 data. These results impact delineatin drilling, mine planning and discvery prcesses. Titan survey imaged effectively at an perating diamnd mine. Highlighted pririty znes fr the next step drilling. Titan 24 MT Resistivity Images f pipes t 800m. Varying resistivities within pipe crrelating t different facies. Side walls mapped t +/-25m.