Assessment Report by the Canadian Nickel Co. Ltd. Magnetometer Survey. Larder Lake Mining Division Lebel Tovnship, Ontario

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32084Nwea67 2.331* LEBEL 010 Assessment Report by the Canadian Nickel Co. Ltd. Magnetometer Survey Larder Lake Mining Division Lebel Tovnship, Ontario Claims L-531657 L-531658 L-531111 Map No.: M-359, NTS No. 32-D-UW MAY 2 81980 MINING LANDS SECTION These claims were staked on June 1st, 1979 and are held by the Canadian Nickel Company Ltd., Hwy. 17W, Copper Cliff, Ontario, POM 1NO. Location The group of 3 claims is located north of Highway 66 between the towns of Larder Lake and Kirkland Lake just west of Mud Lake and north of the settlement of King Kirkland. ' History and Geology The mining claims had been part of the Lebel Oro Gold Mine property. Except for some trenching little work has been reported from the claims. Volcanoclastics and sediments have been found on the property. Most of the Precambrian rocks which are covered by overburden must be part of the potentially important Kirkland Lake gold horizon. The old claims came open on June 1st, 1979- This magnetic survey was performed on October 31, 1979. Objective of the Survey, The purpose of the magnetometer survey was to outline geological features which are covered to 95^ by overburden. These features can be found if they contain rocks associated with magnetite which distorts the otherwise uniform earth magnetic field. With the results one can trace the lithological units of various amounts of magnetite content. The instrument used was a Scintrex MF-1 fluxgate magnetometer which measures the vertical component of the earth magnetic field. The strength of this component is measured in gammas over a range of ^ 100,000 gammas in several sensitivity ranges. Normally the background is set at 1500 gammas to allow that most reading can be taken on the O to 3000 gamma scale. The instrument is calibrated in gammas and has an accuracy of 25 gammas and a scale constant of 50 gammas per scale divisions in the O to 3000 gamma range.

- 2 - Survey Procedure A base line was established and perpendicular cross lines were cut every 1*00 feet along it. These picketed-lines have stations at 100 foot intervals. Magnetic base stations were established along the base line. The magnetic readings vere taken at 50 foot intervals, tied in to the base stations and corrected for diurnal variations. Plotting^ Procedure A magnetic contour map was produced from the corrected readings. The scale of the map is 1:21*00 (l inch equals 200 feet). The. contour interval is.200 gammas with the heavy line indicating the 1000 gamma contours. Statistics Baseline - cut and chained Crosslines, cut and chained.59 line miles 2.73 line miles Number of readings taken 2p6 Conclusion The survey outlined a WNW trending magnetic anomaly caused by narrow bands of magnetite concentration in a sedimentary Precambrian rock. This may represent an iron formation straddling the northern edge of the property. Local anomalies on the most easterly and westerly lines reflect more disseminated magnetite possibly in volcanic rocks. The magnetic anomalies indicate that the overburden is less than 50 feet deep../ ( E. K. Berrer, M. Se. Staff Geophysicist Copper Cliff, Ontario EKB/mm

Ministry of h ntario GEOPHYSICAL - GEOL TECHNICAL D 32D04NW0267 8.3310 LEBEL 900 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) Survey Company Author of Report Geophysical (Magnetometer) LEBEL Canadian Nickel Company Limited Copper Cliff. Ontario. POM 1NO nnirma.nv Limited F-K.'Rp-pr^y') f/n f!r.na.fiia.n Ninkel Company Address of Author T.td., Hopper Cliff, Ontario., Covering Dates of Survey October 25, 1979 - May 22, 1980 (linecutting to office) Total Miles of Line rut 3. 32 MINING CLAIMS TRAVERSED List numerically (number) -6?J....5331658... SPECIAL PROVISIONS CREDITS REQUESTED ENTER 40 days (includes line cutting) for first survey. ENTER 20 days for each additional survey using same grid. Geophysical Electromagnetic. Magnetometer. Radiometric Other. Geological. Geochemical. DAYS per claim AIRBORNE CREDITS (Special provision credits do not apply to airborne lurveyi) Magnetometer.. Electromagnetic. Radiometric (enter days per claim) I DATE: 22' 198Q SIGNATURE: eport or Agent Res. Geol. Qualifications J- l \ t^ (S Previous Surveys File No. Type Date Claim Holder TOTAL CLAIMS. 837 (5/79)

GEOPHYSICAL TECHNICAL DATA GROUND SURVEYS If more than one survey, specify data for each type of survey Number of Stations 296 Station interval 100 feet Profile scale N/A Contour interval. 200 gammas.number of Readings. ^.Line spacing ^00 feet MF-3 Fluxgate Magnetometer Accuracy Scale constant 25 gammas on most sensitive scale Diurnal correction method by interpolation Base Station check-in interval (hours) less than one hour.. ^ ^ Base Station location and value along the base line at the intersection of cross lines - for values, see contour mat) U Z Ss w J W Coil configuration Coil separation Accuracy Method: Frequency ^ Parameters measured. d Fixed transmitter CD Shoot back O In line CD Parallel line (specify V.L.F. station) Scale constant Corrections made. O Base station value and location Elevation accuracy. gturn S ^-^^ ^^^ Method D Time Domain On time. Off time Delay time - Integration time, Power. Electrode array Electrode spacing, Type of electrode l l Frequency Domain _ Frequency Range - -

Morrisette Tp. (M.374) THE TOWNSHIP OF L. \L~288B \L 5,814! : ighstffe M45S6, 53264 2 5^13 l 5,532644' l (546613 i '546612 a H \ IL t i 5446Z6 l 544634 LEBEL DISTRICT OF TIMISKAMING 547012 l 544629 i(5450581544627 J Lake i"is62 55'6*s, LARDER LAKE MINING DIVISION SCALE: 1-INCH 40 CHAINS O'Cofineil ' 491212 \49I211 ; 49l2'g L. VL. l L. 2257 \2459 \2608 \2447 Sl^*;--*' yl2i! 528993 -r-t 242780/ ' 242844 [242833 53I040 7758 h. i l 6873 i89'^\. Vl4682 ^531175 1531216 L. Crystal \T\ DISPOSITION OF CROWN LANDS PATENT, SURFACE AND MINING RIGHTS 9 SURFACE RIGHTS ONLY i.. MINING RIGHTS ONLY O LEASE, SURFACE AND MINING RIGHTS.. " t SURFACE RIGHTS ONLY ", MINING RIGHTS ONLY -^' LICENCE OF OCCUPATION ROADS IMPROVED ROADS KING'S HIGHWAYS RAILWAYS POWER LINES MARSH OR MUSKEG MINES \ 13 L - - -*- 1 ---1""^ \* 5.526 33 S T997I 5 055 1421607 l 421604 29743 42I606 l 42I605 4ZI599 ^ 421598 r~~~!o"~ 422522 [4225 --"t CANCELLED SURFACE RIGHTS MINING RIGHTS NOTES 400' surface rights reservation along the shores of all lakes and rivers. Artas withdrawn from staking under Section 43 of the Mining Act t R.S.0.1970). Ordtr Ne. File Date Disposition^. 165484 20/11/69 3.R. " ~~ - ^ \ ^ 226191 L ' 422518 L 422523 l 395T48 ' 4I946O 1422537 1422536 470921 '373332 373235^73238 J. 4- -la---!.* Gravel Fit* 38591 SAND and GRAVEL 471948 [373239 373236 3732.37 Gravel Fit* 8816 M-TC. Cravtl Pit No 513 Grovel Filt 29795 Gravtl Filt 42354 Gravel File 105HO DATE OF 'ISSUE - 21980 SURVEYS AND MAPPING Bostebel Lake 4 M "w.^ 5 M NO. M.359 32084NW82B7 2.3318 LEBEL Boston Tp. (M.332) ONTARIO MINISTRY OF NATURAL RESOURO 1 SURVEYS AND MAPPING BRANCH -' ri ^-' ^'s^h

531658 tec (metal pipes) Magnetic station in gammas. - Contour interval 2 00 gam mas Station spacing 50 feet somagnetic lines! Canadian Nickel Company Limited MAGNETOMETER SURVEY Copper Cliff, Ontario POM l NO SHEET lot l Project: KIRKLAND LAKE, ONT Area: LEBEL TP. (M-359 'LARDER LAKE M.D Supervisor; R. A. BEN NE T T Survey by: K.JACKSON Survey date: OCT.31, 1979 lnstrument:sclntrex MF-l Date drawn: NOV. 30,1979