Report on The Magnetic Survey. Property of Loydex Resources Inc. Keigat Lake Area. Red Lake Mining Division

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1 010 Report on The Magnetic Survey On The Property of Loydex Resources Inc. SANDY POINT PROJECT Keigat Lake Area District of Kenora, Patricia Portion Red Lake Mining Division N.T.S. 52-N-8 Whitby, Ontario ;:;,Y 2,1985 L.J. Nelson

2 INTRODUCTION! A program consisting of a ground magnetic survey has recently been completed on the property of Loydex Resources Inc. in the Keigat Lake Area, Ontario; on a project known as the Sandy Point Project. PROPERTY; The property consists of six (6) contiguous unpatented mining claims located in the District of Kenora - Patricia Portion, Red Lake Mining Division. The claims are registered with the Ministry of Natural Resources of Ontario, under the following claim numbers KRL inclusive. LOCATION S, ACCESS The claims are located approximately 115 km northeast of Red Lake/ Ontario. Access to the area is by float or ski equipped aircraft from either Red Lake, Ear Falls or Sioux Lookout, Ontario.

3 2) GENERAL GEOLOGY The rocks of the area are of Early Precambrian age, being part of the Birch-Uchi metavolcanic/metasedimentary belt. The rocks are mainly of volcanic origin but include minor amounts of slate, greywacke, conglomerate, tuff and iron formation. SURVEY METHOD S INSTRUMENT DATA The magnetic survey was carried out on grid lines prepared prior to the survey. The survey instrument is a Scintrex MP-2 Portable Proton Magnetometer. The magnetometer measures the vertical component of the earth's magnetic field. Readings were taken at 100 foot intervals with extra detail in places of interest. These results are plotted as gammas on the enclosed map.

4 -3- Results of Ground Magnetic Survey There is only one strong magnetic anomaly on the property. This anomaly is labelled A and occurs on line 5E, striking north along the line with a slight change in strike to the NNW on claim The anomaly must be considered important as prospecting on line 5E station 4S on an old pit has a chip assay across 7.5 feet of oz. Au/T. The chip assay occurs in an altered recrystallized magnetite-chlorite iron formation. Recom mendations It is recommended that additional prospecting on the peninsula intersected by line 5E be completed along with a humus geochem survey. If these surveys are encouraging, diamond drilling is recommended. L.J. Nelson May 1st, 1985.

5 900 A TO 7,? M o

6 Ontario Jidtural Report of Work *. (Geophysical, Geological, Geochemical and Expenditures! vnsru O -3sns: *" r'v.i-;*? type or pnnt *~ M P LI m t )p r of mini ri q c'.l i m s f i, i 1, c t 'I'M l pxc'.-fids spaco on this form,.jttiich L) L-it. Note: On'y d.iys credits ea l cu l at ci l.n t rv? TownsKip i " E xpenditures" sect ion may bo en to r *M i n the "Expend. Days Cr," columns. use shaded areas below. s ^*- Author (of Geo-Technical report) Credits Requested per Each Claim in Columns at right Special Provisions Geophysical Days per Claim For first survey: Enter 40 days. (This includes line cutting) For each additional survey: using the same grid: Man Days Enter 20 days (for each) Complete reverse side and enter total(s) here Airborne Credits Note: Special provisions t Jfc ^-Magnetometer J \^. rj.^^*^ - Radiometri^^k - Other ^^f^ Rologica! Geochemical Geophysical - Electromagnetic - Magnetometer - Radiometric - Other Geological mf ^^r Geochen^Llift- W ^M. Electromagnetic AV X?/ i J Days per Claim " Days per Claim. Mining Claims Tj^ersed (List in numerical sequence) j 26 28*). M Expend. Days Cr. Ri "71 Mining Claim Prefix l Number 25 ] UNDSS Ea Expend. Days Cr. to Airborne Surveys. Magnetometer Radiometric Expenditures (excludes power stripping) Type of Work Performed Performed on Claim(s) Calculation of Expenditure Days Credits Total Expenditures Total Days Credits 15 * Instructions Total Days Credits may b e a pportioned at the claim holder's choice. Enter number of days c redits per claim selected in columns at right. Total number of mining claims covered by this report of work. ification Verifying Report of Work Recorded^Holder or ^gent (Signature) f f. l hereby certify that l have a personal and intimate knowledge of the facts set forth in the Report of Work annjexed here^b, having perfcfrmed the work or witnessed same during and/or after its completion and the annexed report is true. Name and Postal Address of Person Certifying j g y /re /u rm. Date Certified Ce^Iifierl by (Signature^ 1362 (81/9)

7 Ministry of Natural Resources File. l Ontario GEOPHYSICAL - GEOLOGICAL - GEOCHEMICAL TECHNICAL DATA STATEMENT TO BE ATTACHED AS AN APPENDIX TO TECHNICAL REPORT FACTS SHOWN HERE NEED NOT BE REPEATED IN REPORT TECHNICAL REPORT MUST CONTAIN INTERPRETATION, CONCLUSIONS ETC. Type of Survey(s) Township or Area Claim Holder(s) MINING CLAIMS TRAVERSED List numerically Author of Report Address of Ai.fhnr Covering Dates of Survey Total^Wel of Line ti S " (linecuttfn/to office) SPECIAL PROVISIONS CREDITS REQUESTED ENTER 40 days (includes.line cuttingjj'or firs t survey.^ ENTER 20 days for each additional survey using same grid. Geophysical Electromagnetic ^^ ^Magnetometer.., Radiometric. Other. Geological. Geochemical. DAYS per claim M *r \ AIRBORNE CREDITS (Special provision credits do not apply to airborne surveys Magnetometer..Electromagnetic.. Radiometric (enter days per claim) DATE: SIGNATURE:. Author of Report or Agent Res. Geol... Qualifirations Previous Surveys File No. Type Date Claim Holder TAL CLAIMS. 837 (5/79)

8 GEOPHYSICAL TECHNICAL DATA GROUND SURVEYS If more than one survey, specify data for each type of survey Number of Stations Station interval - Profile scale Contour interval. 5"yo.Number of Readings.Line sparing Instrument ccuracy Scale constant iurnal correction method. Base Station check-in interval (hours) A/i l Base Station location and value Wu ELECTROMAGNETK, Coil configuration Coil separation Accuracy.. - Method: CD Fixed transmitter Q Shoot back D In line Frequency Parameters measured. (specify V.L.F. nation) D Parallel line Instrument, Scale constant. Corrections made. O Base station value and location. Elevation accuracy. Z g < N ft Instrument Method [~l Time Domain Parameters On time - - Off time ^ Delay time. Integration time. O Frequency Domain _ Frequency Range ^. D Q Z Electrode array Electrode spacing. Type of electrode

9 SELF POTENTIAL Instrument. Range. Survey Method Corrections made. RADIOMETRIC Instrument.- Values measured. Energy windows (levels) ^^ ^--... ^^- -. Height of instrument Background Count, Size of detector. ^^ -.. ^ ^-. ^...- ^^-. Overburden - ^ ^ -.^^ (type, depth include outcrop map) OTHERS (SEISMIC, DRILL WELL LOGGING ETC.) Type of survey-....^^ ^ Instrument. ^^^ ^^-^^ Accuracy- ^ - - Parameters measured. Additional information (for understanding results). AIRBORNE SURVEYS Type of survey(s) Instrument(s) Accuracy. (specify for each type of survey) (specify for each type of survey) Aircraft used ^ ^^ ^.. ^ Sensor altitude. Navigation and flight path recovery method. Aircraft altitude Line Sparing Miles flown over total area Over claims only.

10 GEOCHEMICAL SURVEY - PROCEDURE RECORD Numbers of claims from which samples taken. Total Number of Samples. Type of Sample. (Nature of Material) Average Sample Weight Method of Collection Values expressed in: Cu, Pb, Zn, ANALYTICAL METHODS per cent p.p. m. p. p. b. D a Ni, Co, Ag, Mo, As,-(circle) Soil Horizon Sampled. Horizon Development. Sample Depth Terrain Drainage Development Estimated Range of Overburden Thickness. SAMPLE PREPARATION (Includes drying, screening, crushing, ashing) Mesh size of fraction used for analysis Others^...^ Field Analysis (. Extraction Method. Analytical Method- Reagents Used Field Laboratory Analysis No. Extraction Method. Analytical Method. Reagents Used Commercial Laboratory (- Name of Laboratory- Extraction Method Analytical Method Reagents Used..tests).tests) -tests) General. General.

11 JjTW^'W^' * ' "W,*".! '*^1**;f. ^-.x.4.. ^. 14* is' EM?,' ii;;-' ' --:.' v- - '.. ' ' -, i i.

12 Mining Lands Section Control Sheet File No TYPE OF SURVEY \S GEOPHYSICAL GEOLOGICAL GEOCHEMICAL EXPENDITURE MINING LANDS COMMENTS: Signature of Assessor Date

13 a S2N08NE0013 RESOURCES / A/C OF 0/1//S/0/V ;2500 OF 25, oo tc.q d T z 5-7, y 9 85 A/- T. S-

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