Geochemical Report on the Clear Range Propertytotal COST: $17,132.60
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Ministry of Energy and Mines Assessment Report BC Geological Survey Title Page and Summary TYPE OF REPORT [type of survey(s)]: Geochemical Report on the Clear Range PropertyTOTAL COST: $17,132.60 AUTHOR(S): Gary Sidhu SIGNATURE(S): NOTICE OF WORK PERMIT NUMBER(S)/DATE(S): YEAR OF WORK: 2010 STATEMENT OF WORK - CASH PAYMENTS EVENT NUMBER(S)/DATE(S): 5000863, August 30, 2011 PROPERTY NAME: Clear Range CLAIM NAME(S) (on which the work was done): Clear Range1 (832542), Clear Range2 (832544), Clear Range 3 (832545), Clear Range 4 (832547) COMMODITIES SOUGHT: Gold, Copper, and Molybdenum MINERAL INVENTORY MINFILE NUMBER(S), IF KNOWN: MINING DIVISION: Kamloops NTS/BCGS: 092I/032, 033, 042, and 043 o '" o '" LATITUDE: 50 25 17LONGITUDE: 121 36 1 (at centre of work) OWNER(S): 1) BCGOLD CORP 2) MAILING ADDRESS: Suite 520 - 800 West Pender Street Vancouver, British Columbia Canada V6C2V6 OPERATOR(S) [who paid for the work]: 1) BCGOLD CORP 2) MAILING ADDRESS: PROPERTY GEOLOGY KEYWORDS (lithology, age, stratigraphy, structure, alteration, mineralization, size and attitude): Intermontane Belt, Quesnellia Terrane, Mount Lytton Complex, Permian to Triassic, Cu-Au-Mo Porphyry Target REFERENCES TO PREVIOUS ASSESSMENT WORK AND ASSESSMENT REPORT NUMBERS: None Next Page TYPE OF WORK IN EXTENT OF WORK ON WHICH CLAIMS PROJECT COSTS THIS REPORT (IN METRIC UNITS) APPORTIONED (incl. support) GEOLOGICAL (scale, area) Ground, mapping Photo interpretation GEOPHYSICAL (line-kilometres) Ground Magnetic Electromagnetic Induced Polarization Radiometric Seismic Other Airborne GEOCHEMICAL (number of samples analysed for...) Soil 56 $8,660.57 Silt Rock Other DRILLING (total metres; number of holes, size) Core Non-core RELATED TECHNICAL Sampling/assaying SGS Minerals $2,460.25 Petrographic Mineralographic Metallurgic PROSPECTING (scale, area) PREPARATORY / PHYSICAL Line/grid (kilometres) Topographic/Photogrammetric (scale, area) Legal surveys (scale, area) Road, local access (kilometres)/trail Trench (metres) Underground dev. (metres) Other Office Studies and PAC $6,011.78 TOTAL COST: $17,132.60 TSX-V: BCG Geochemical Report on the Clear Range Property Clear Range1 (832542), Clear Range2 (832544), Clear Range 3 (832545), Clear Range 4 (832547), and Clear Range5 (832548) Kamloops Mining Division British Columbia NTS 092I/032, 033, 042, and 043 50o25’17” N Latitude/ 121o36’1” W Longitude UTM Zone 10 NAD 83: 599,800 m East and 5,586,600 m North Owner: BCGold Corp. Suite 520 – 800 West Pender Street Vancouver, British Columbia Canada V6C 2V6 Gary Sidhu November 29, 2011 [email protected] tel.: 604-681-2626 520 – 800 West Pender Street www.bcgoldcorp.com fax: 604-646-8088 Vancouver, BC V6C 2V6 TSX-V: BCG Table of Contents Introduction ......................................................................................................................... 3 Location and Description .................................................................................................... 3 Access, Topography, Vegetation and Climate .................................................................... 6 Access ............................................................................................................................. 6 Topography, Vegetation and Climate ............................................................................. 6 Exploration History ............................................................................................................. 6 Geological Setting ............................................................................................................... 7 Regional Setting .............................................................................................................. 7 Property Geology ............................................................................................................ 9 2010 Exploration Program .................................................................................................. 9 Geochemistry ...................................................................................................................... 9 MMITM Soil Survey ........................................................................................................ 9 Method .......................................................................................................................... 10 Sample Preparation and Analysis ................................................................................. 12 Results ........................................................................................................................... 13 Gold........................................................................................................................... 13 Copper ....................................................................................................................... 13 Molybdenum ............................................................................................................. 13 Conclusions ....................................................................................................................... 13 Recommendations ............................................................................................................. 14 Statement of Expenditures ................................................................................................ 14 Statement of Qualifications ............................................................................................... 15 Statement of Qualifications ............................................................................................... 16 MMITM Maps for Select Elements .................................................................................... 17 Works Cited ...................................................................................................................... 18 Appendix I: MMITM Sample and Analyses Listing .......................................................... 19 Appendix II: Analytical Certificates ................................................................................. 20 Table of Figures Figure 1: Clear Range Location Map .................................................................................. 4 Figure 2: Clear Range Claim Map ...................................................................................... 5 Figure 3: Clear Range Property Geology Map ................................................................... 8 2 [email protected] tel: 604-681-2626 520 – 800 West Pender Street www.bcgoldcorp.com fax: 604-646-8088 Vancouver, BC V6C 2V6 TSX-V: BCG Introduction The Clear Range property is a Cu±Au±Mo porphyry target. It was staked by BCGold Corp. in response to favourable geological, geochemical and geophysical work performed by Geoscience BC, BC Geological Survey and the Geological Survey of Canada. Specifically, the Quest South project conducted by Geoscience BC over an area of 130,000 square kilometers from Williams Lake to the USA border (Jackaman, 2010). The objective of the project was to encourage exploration in under explored areas with extensive glacial overburden. New studies into the nature and distribution of the young volcanic sequences in the Interior have indicated that the young Miocene to Pleistocene Chilcotin Group basalts are thinner and less continuous than originally thought. The Chilcotin Group and other young (post mineral) volcanic succession were originally interpreted as flood or plateau basalt has now been interpreted as a valley filling lavas, with more limited and thinner extent on the surrounding areas (Lustig, 2011). This report discusses the follow up work conducted by BCGold Corp. Location and Description The property is located in the Kamloops Mining District approximately 27 kilometers north northeast of Lytton, 16.5 kilometres west of Spences Bridge and 38 kilometres southeast of Lilooet on the NTS map sheets 92I/32, 33, 42, and 43 (figure 1). The geographic coordinates at the centre of the property are 50o25’17” N Latitude/ 121o36’1” W Longitude (UTM Zone 10 NAD 83 coordinates: 599,800 m East and 5,586,600 m North). The property consists of six claim blocks with a total combined area of 2553 hectares (figure 2). At the time the assessment work was being conducted only 5 claims had been staked. 841516 was staked following the geochemical survey. Claims status was searched on the British Columbia Energy and Mines, Mineral Titles Online BC (MTO) website. Table 1 summarizes the claims and current status. Table 1: Clear Rang e Property Tenure Information. Note: 841516 was staked subsequent to assessment work Tenure Type Claim Name Good Until Area (ha) Number 832542 Mineral CLEAR RANGE1 9/1/2013 514.453 832544 Mineral CLEAR RANGE2 9/1/2013 473.4915 832545 Mineral CLEAR RANGE3 9/1/2013 514.8719 832547 Mineral CLEAR RANGE4 9/1/2013 432.7138 832548 Mineral CLEAR RANGE5 9/1/2013 206.0454 841516* Mineral CLEAR RANGE 6 12/21/2011 411.4364 3 [email protected] tel: 604-681-2626 520 – 800 West Pender Street www.bcgoldcorp.com fax: 604-646-8088 Vancouver, BC V6C 2V6 Clear Range Location Map Clear Range Location Mineral Titles Layers Clear Range Tenure BC Administrative Area Layers Cities Topographic Layers Roads 1:6M Trunk Road Major Roads All Others Fort St. John Lakes 1:6M Dawson Creek Rivers 1:6M BC Border Layers BC Border 1:6M Terrace Prince Rupert Prince George Quesnel Williams Lake Revelstoke KamloopsClearClear Enderby RangeRange Armstrong Vernon Merritt Fernie Kelowna Kimberley Cranbrook