001L/14/0218
First Year Assessment Report of Prospecting, Rock and Stream Sediment Sampling On Licence 18880M, NTS 1L/14 Burin Peninsula Newfoundland and Labrador Submitted by: Keith Kelloway Work year: 2011/4/27 to 2012/4/27 Total claims: 14 Total Expenditures: $3004.88
Table of Contents Introduction 01 Location and Access 01 Geology 01 Previous Work 01 Current Exploration 06 Results and Recommendations 09 References 09 Figures, Tables and Pictures Figure 1. Burin Peninsula Location Map 02 Figure 2. Claims Location Map 03 Figure 3. Traverses to Property 04 Figure 4. Traverses to Anomalous Gold in Ponds 05 Figure 5. Rock Sample Location Map 07 Figure 6. Stream Sediment Location Map 08 Table 1. Rock Sample Data 06 Table 2. Map Locators for Rock Samples 07 Table 3. Stream Sediment Data 08 Picture 1. Quartz at 29ppb Au Pond 09 Appendices Appendix A: Geochemical report Appendix B: Statement of Expenditures 1 page 1 page
01 Introduction This 14-claim property was staked for its gold potential. A lake sediment survey conducted by Silver Spruce Resources in 2006 identified two ponds giving anomalous concentrations in gold of 24 ppb Au and 29 ppb Au. Exploration by the current licence holder consisted of sampling silicified outcrops discovered by these ponds. Six stream sediments were also collected. Location and Access Licence 18880M is located 5 km southeast of the community of Little St. Lawrence on the Burin Peninsula (Figure 1.) on the Island of Newfoundland. Little St. Lawrence is on Route 220 about 30 km from Marystown, the main town on the Peninsula. Access to the property is gained by parking on Route 220 just outside of Little St. Lawrence and walking 1.5 km along the 8 km ATV trail to the abandoned community of Corbin, then hiking southeast over open country. The terrain is hilly barrens with many ponds. Exploration is easiest during early March when there is little snow and the barrens are firm and the frozen ponds provide welcome shortcuts (Figure 3). Access may also be gained by boat at West Bass Cove. Geology The property lies within the Burin Group of mafic pillow lavas, pyroclastics, sediments, limestones and gabbros. The Group is correlated with a 760Ma Proterozoic ophiolite of the Pan African belt in North Africa. The Port au Bras Formation consisting of waterlain mafic pyroclastics, pillowed basalt, tuffaceous sandstone, black argillite, recrystallized dolomitic limestone and limestone breccias underlies the property. A copper occurrence called the West Bass Cove indication (MODS 001L/14/Cu 001) is found at the coast. Previous Work Silver Spruce Resources owned this property as part of its Mother Lode property which it optioned from Alex Turpin in 2006. The Mother Lode property consisted of 108 claims in 5 licences focused around Licence 10115 where a gold mineralization zone had been trenched. Diamond drilling of 8 holes resulted in weak results and the option was terminated. All five licences were subsequently dropped. The author staked licence 18880M in 2011 to investigate two ponds where Silver Spruce had obtained anomalous values of 24 ppb Au and 29 ppb Au when it undertook a regional lake survey of 138 ponds. These two ponds are identified in Figures 3 and 4.
Figure 1. Burin Peninsula Location Map 02
Figure 2. Claims location Map 03
Figure 3. Traverses to Property 04
Figure 4. Traverses to Anomalous Gold in Ponds 05
06 Current Exploration Ten days were spent prospecting the property. Three days were spent in the summer where access routes were determined and the river flowing into Bass Cove Pond was prospected. The most productive work was done in early March when the walking was easier. Little snow accumulates on the barrens and the frozen ponds and marshes make for great walking. Work focused on the areas where two ponds gave anomalous values of 24 ppb Au and 29 ppb Au. At each pond there are vertical outcrops with silicified surfaces. This is in contrast to the predominantly rounded hills of the area. These vertical surfaces appear as beige colored rock. At the 29 ppb Au pond, one end of the face is white quartz (Picture 1). At this pond the face is on the north shore. At the 24 ppb Au pond, the silicified surface is at the western end. Only trace mineralization was found in either site. Other silicified vertical surfaces were noted on the traverses to the ponds. A couple were examined but again, no significant mineralization was found. Only a few thin quartz veinlets were discovered on the property. Nineteen rock samples and 6 stream sediment samples were collected and sent to Eastern Analytical Ltd of Springdale for fire assay and ICP-30 analysis. The rock sample data are given in Table 1 and the rock sample location map is Figure 5. The stream sample data are given in Table 2 and the sample location map is Figure 6. Geochemical report: 616-1202872. ID Easting Northing Description BCR1 630 888 5 197 857 Trace pyrite in basalt and pink quartz BCR2 630 888 5 197 857 Minor chalcopyrite in basalt some pink quartz BCR3 630 958 5 197 846 Quartz vein material, minor pyrite BCR4 630 025 5 197 610 Silicified basalt, trace sulfides BCR5 630 025 5 197 610 1 cm wide quartz vein in basalt, no visible sulfides BCR6 630 025 5 197 610 1 cm wide quartz vein in basalt, no visible sulfides BCR7 630 046 5 197 650 Silicified basalt, trace sulfides BCR8 630 085 5 197 637 Quartz vein material, no visible sulfides BCR9 630 106 5 197 626 Silicified basalt, no sulfides visible BCR10 630 046 5 197 650 Minor sulfide in silicified basalt BCR11 629 755 5 197 797 Trace pyrite in basalt BCR12 630 065 5 197 781 Quartz vein material, no visible sulfides BCR13 630 958 5 197 846 Trace pyrite in basalt BCR14 630 888 5 197 857 Trace chalcopyrite in red stained basalt BCR15 630 888 5 197 857 Pink & white quartz, some black quartz, in basalt, no visible sulfides BCR16 630 888 5 197 857 Red stained basalt, unmineralized BCR17 630 888 5 197 857 Red stained basalt, unmineralized BCR18 630 565 5 197 940 Minor pyrite in quartz-veined, white surfaced basalt BCR19 629 597 5 197 956 Multi-colored, iron stained rock Table 1. Rock Sample Data
07 Letter on Map A B C D E F Rock Samples BCR4,5,6,7,8,9,10 BCR1,2,3,13,14,15,16,17 BCR18 BCR12 BCR19 BCR11 Table 2. Map Locators for Rock Samples
08 ID Easting Northing BCSS1 629 582 5 197 970 BCSS2 629 605 5 197 965 BCSS3 629 622 5 197 958 BCSS4 629 747 5 197 853 BCSS5 630 792 5 197 574 BCSS6 630 114 5 197 538 Table 3. Stream Sample Data
09 Picture 1. Quartz at 29ppb Au Pond Results and Recommendations None of the samples returned gold. Ownership of his property will be terminated. References Dimmell, P.M. 2006: 2006 Assessment Report (Geochemistry (Lake Bottom Sampling), Prospecting, Geology), on the Mother Lode Property, Licences 10675M, 10676M, 10776M, 10677M, 10710M, Burin Peninsula, South-eastern Newfoundland; NTS 1L/14 Strong, D.F., O Brien, S.J., Taylor, S.W., Strong, P.G., & Wilton, D.H. 1978: Geology of the Marystown (1M/3) and St. Lawrence (1L/14) map sheets, Newfoundland. Newfoundland Department of Mines and Energy, Mineral Development Division, Report 77-8, 81 pages.
Appendix A
Appendix B
Statement of Expenditures Prospecting: 10 days @ $100/day $1000.00 Vehicle: 10 days @ $60/day $600.00 Meals: 10 meals @ $20/meal $200.00 Report Writing: 2 days @@100/day $200.00 Geochemical Report 2872 $570.08 Shipping $42.86 Subtotal $2612.94 Admin (15%) $391.94 Total $3004.88