FIRST YEAR ASSESSMENT REPORT OF PROSPECTING ON LICENCE 16512M MARYSTOWN AREA, BURIN PENINSULA NTS 1M/3 BY NATHANIEL NOEL MSc. FOR E. MICHELE NOEL MINERAL LICENCES: 16512 M WORK CONDUCTED: MID-SEPTEMBER 2010 TOTAL EXPENDITURES: 3151.00 TOTAL CLAIMS: 4
Table of Contents Summary 1 Introduction 2 Location and Access 2 Physiography 3 Property Summary and License Status 3 Previous Work 4 Geology 4 General Geology 4 Local Geology 5 Current Program 5 Work Done 5 Results 6 Conclusions and Recommendations 10 List of Expenditures 11 List of Figures Figure 1 Project Location Map 2 Figure 2 Access Location Map 2 Figure 3 Claims Map 3 Figure 4 Regional Geology 4 Figure 5 Results Map 5 Figure 6 Altered mafic volcanics. Assays by Stone 2006 produced Up to 3% zinc in this showing. 6 Figure 7 Erratic of altered mafic breccia 6 Figure 8 Polished slab from erratic in Figure 7. 7 Figure 9 Malachite staining in Basalt 7 Figure 10 Figure 11 Page Coarse pyrite in hematite altered quartz-sericite Alteration 8 Early quartz veins in sheared felsic unit. Material contains Fine disseminated pyrite. 8 Figure 12 Coarse grained quartz vein in sheared felsic unit. 9 Figure 13 Sericite-pyrite-hematite alteration of Kelstone Prospect 9 Figure 14 Altered felsic dike in aggregate quarry 10
1 SUMMARY Prospecting and preliminary mapping was conducted on the claim block. Additional information was gathered and deduced about the orientation of the altered unit which hosts the Kelstone Prospect with respect to the regional foliation. An angular erratic exhibiting low sulphidation style alteration was discovered on the property and is considered to be local. New quartz veining and mineralization was discovered in a shear zone which outcrops on the Garnish Pond road.
2 INTRODUCTION This report covers mineral licence 16512m which consists of a block of 4 claims located near Marystown on the Burin Peninsula of Newfoundland and Labrador. (Figures 1 3) Licence 16512m was staked to cover the Kelstone prospect, a known gold showing located inn the old Marystown landfill site. Figure 1 Project Locationn Map LOCATION AND ACCESS The project area is located on NTS 1M/3 and is located on the outskirts of the northwest side of Marystown. (Figure 2) It is easily accessed by pickup along the Garnish Pond Road. The Kelstone prospect can be found in the old Marystown landfill site. Figure 2 Access map.
3 PHYSIOGRAPHY The area is characterized by hills and valleys, primarily wooded except for the land fill site. The topography is higher in the northern portion of the claim block reaching elevations up to 150 meters. Overburden is extensive but varies in thickness. Outcrop is more abundant on the highh ground. PROPERTY SUMMARY AND LICENSEE STATUS The property consists of a block of 4 claims (figure 3). These claims were staked by E. Michele Noel in the fall of 2009 and are in good standing. Figure 3 Claims Mapp
4 PREVIOUS WORK The area was first regionally mapped by the Geological Survey in 1978 and 1979 resulting in the production of 1:50,000 scale geological maps. Prospecting in 1997 and 1998 lead to the discovery of the Kelstone prospect by prospectors Bert Stone and Dan Kelly of Marystown. They optioned the property to First Labrador Acquisitions in 1998. First Labrador conducted a short drill program in the late fall of 1998 and returned the property to the prospectors. Further prospecting was conducted and the property was allowed to lapse in 2009. The property was then staked by E. Michele Noel. It should be noted that the current author, Nathaniel Noel was the geologist who conducted the work for First Labrador Acquisitions. GENERAL GEOLOGY The project area lies within the Avalon Zone, a belt of 550 600 mya Neohelikian rocks and is underlain by calc alkaline volcanic rocks of the Marystown Group. Unlike other parts of the Burin Peninsula there are few exposures of Precambrian intrusive rocks (intrusive equivalents of the volcanic rocks) in this area although prior work has indicated the presence of a few outcrops of monzonite just south of the property. Devonian granites hosting abundant fluorite mineralization intrudes the Pre Cambrian rocks throughout the region to the south. (Figure 4) Figure 4 Regional Geology
5 LOCAL GEOLOGY The immediate project area is underlain by a combination off mafic, intermediate and felsic volcanic and volcanoclastic rocks. In the southern portion of the area, several outcrops of altered monzonite were exposed in trenches excavated in 1998. CURRENT PROGRAM The current program consisted of a site visit and some recci prospecting and preliminary mapping. Prospecting included re examining the Kelstone prospect. Work Done A total of 4 days were spent travelling to and working in thee project area. Work was conducted in mid September of 2010 from a small camper which was set up onn the property at the old Marystown landfill site. Work consisted of mapping and recci prospecting. A map showing the results can be seen in figure 6. Figure 5 Results Mapp
6 Results Prospecting included re examining the outcrops exposed in the old land fill site including an area shown by previous prospecting to containn a noted zinc showing. The zinc showing was found to consist of altered mafic volcanics containing several percent pyrite. (Figure 5 and 6) ) Figure 6 Altered mafic volcanics. Assays by Stone 2006 produced up to 3% zinc in this showing. Prospecting also located a small angular erratic of maficc hydrothermal breccia exhibiting intense hematite alteration with minor silicification possibly indicative of low sulphidation style alteration and mineralization. (figures 7 and 8). The source of this erratic is thought be local. Figure 7 Erratic of altered mafic breccia
7 Figure 8 Polished slab from erratic in figure 7 Prospecting also located malachite staining (figure 9) on slightly altered and fractured basalt in an aggregatee quarry located on the property (see figure 5) for location. Figure 9 Malachite staining in Basalt
8 One of the old trenches was examined which containedd coarse grained pyrite which previously produced an assay up to 2.5 gm/ton Au. This pyrite is also associated with hematitee alteration (figure 10) Figure 10 Coarse pyrite in hematite altered quartz sericite alteration. Prospecting along the Garnish Pond road discovered fine grained quartz veining and mineralization in a previously recognized shear zone cutting the felsic unit whichh hosts the Kelstone prospect. (Figure 11) Figure 11 Early quartz veins in sheared felsic unit. Material contains finee disseminated pyrite.
9 Additional quartz veining of a different nature was also foundd in the shearr zone. It consisted of coarse grained quartz with minor sulphide and chlorite. (Figure 12) Figure 12 Coarse grained quartz vein in sheared felsic unit. Further work for 2011 includes channel/chip sampling of thiss unit and the previously mentioned unit. Examination of the main alteration zone at the Kelstone Prospect re confirmed the presence of sericitic and pyritic alteration. (Figure 13) Figure 13 Sericite pyrite hematite alteration of Kelstone Prospect
10 Preliminary mapping suggests that the felsic unit which hostss the Kelstonee Prospect is oriented North South and is cross cut by a later regional foliation striking approximately 55 60 degrees and dipping moderately steeply to the northwest (see figure 5). Mapping also identified a small dyke of material similar to the main Kelstone unit which outcropped in the aggregate quarry immediately to the west (figure 14 and see figure 5 for location) and possessed a similar orientation. This dyke also appeared to be altered. Figure 14 Altered felsic dike in aggregate quarry. CONCLUSIONS AND RECCOMENDATIONS The Kelstone property is highly prospective however it is poorly understood and therefore requires detailed mapping and sampling and a review of structural information.. The nature of the alteration found on the property is not clear and its characteristics with respect to an ore deposit model, ie. Low it in high sulphidation or porphyry needs to be established. While the current train of thought places the high sulphidation category, some elements related too low sulphidation may be present in the system. The shear zone outcrop on the Garnish Pond Road requires channel sampling and erratic found at the same location should be identified. the source of the The altered monzonite discovered on the southern end of the property by the author in 1998 should be re examined and sampled properly.
11 LIST OF EXPENDITURES EXPENDITURES COST Days Worked (mapping, travel, and prospecting)...4 days at 400.00/ 1600.00 Vehicle (60.00/day) 240.00 Fuel 300.00 Administration and report writing (1 day) 400.00 Accommodations and food (50.00/day for 4 days) 200.00 Overhead (15% of 2740.00) 411.00 Total 3151.00