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Technical Report on the Harricanna Mine Project Technical Report

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Technical Report on the Harricanna Mine Project Technical Report GM 61393 TECHNICAL REPORT ON THE HARRICANNA MINE PROJECT TECHNICAL REPORT ON THE HARRICANNA MINE PROJECT VAL D'OR MINING CAMP NTS 32C/04 BOURLAMAQUE AND DUBUISSON TOWNSHIPS QUEBEC, CANADA REÇU AU ~Ri-i:bmP 0 d MAI 2004 FOR BUREAU GU REGESTR,6y1RE SOCIETE MINIÈRE RIVIÈRE HARRICANA INC. HARRICANA RIVER MINING CORPRATION INC. Kian A. Jensen, B.Sc., P.Geo. Timmins, Ontario April 17, 2004 Reproduction of this report, in whole or in part, is not permitted without the prior written consent of K.A. Jensen. MRNF-GÉOINFORMATION 2005 04 1 21 0 1 3 GM 61393 2 2.0 TABLE OF CONTENTS 1.0 TITLE PAGE 1 2.0 TABLE OF CONTENTS 2 2.1 LIST OF FIGURES 4 r 2.2 LIST OF TABLES 6 2.3 LIST OF APPENDICES 7 2.4 GLOSSARY OF NON-GEOLOGICAL TERMS AND ABBREVIATIONS 8 2.5 GLOSSARY OF TERMS RELATING TO MINING AND MINERAL PROPERTIES 9 2.6 CONVERSION 10 3.0 SUMMARY 11 4.0 INTRODUCTION AND TERMS OF REFERENCE 20 5.0 DISCLAIMER 22 6.0 PROPERTY DESCRIPTION AND LOCATION 23 7.0 ACCESSIBILITY, INFRASTRUCTURE, CLIMATE, LOCAL RESOURCES, AND PHYSIOGRAPHY 31 7.1 ACCESSIBILITY AND INFRASTRUCTURE 31 7.2 CLIMATE AND LOCAL RESOURCES 32 7.3 PHYSIOGRAPHY 33 8.0 HISTORY 33 8.1 VAL D'OR AREA 33 8.2 HARRICANA MINE PROJECT 35 83 HARRICAN MINE 39 _ 9.0 GEOLOGICAL SETTING 41 9.1 REGIONAL GEOLOGY 41 9.2 LOCAL GEOLOGY 43 - 9.3 PROPERTY GEOLOGY 44 9.3.1 HARRICANA MINE 46 - 9.3.2 AUR AREA `A' OPTION 50 10.0 DEPOSIT TYPES 50 10.1 QUART VEIN GOLD DEPOSITS 50 10.2 PYRITIC GOLD DEPOSITS 52 11.0 MINERALIZATION 53 12.0 EXPLORATION 61 13.0 DRILLING 63 14.0 SAMPLING METHOD AND APPROACH 73 15.0 SAMPLING PREPARATION, ANALYSES AND SECURITY 73 16.0 DATA VERIFICATION 73 17.0 ADJACENT PROPERTIES 74 17.1 FERDERBER MINE 74 17.2 SIGMA LAMAQUE MINE 75 17.3 KIENA MINE 77 17.4 NORTHERN ABITIBI MINING CORPORATION 78 3 24.0 TABLE OF CONTENTS 18.0 MINERAL PROCESSING AND METALLURGICAL TESTING 78 19.0 MINERAL RESOURCE AND MINERAL RESERVE ESTIMATES 78 19.1 DEFINITIONS 78 19.2 DATABASE 80 19.3 GEOLOGICAL INTERPRETATION 81 19.4 ESTIMATION METHOLOGY AND PARAMETERS 81 19.5 STATISTICS 82 19.6 RESOURCE CLASSIFICATIONS 85 20.0 OTHER RELEVANT DATA AND INFORMATION 97 21.0 INTERPRETATION AND CONCLUSIONS 97 22.0 RECOMMENDATIONS AND BUDGET 99 23.0 REFERENCES 102 24.0 CERTIFICATE 105 25.0 APPENDICES 4 2.1 LIST OF FIGURES Figure 1: Location Map of Harricana River Mining Corporation Inc. Harricana Mine Project, Bourlamaque and Dubuisson Townships, Abitibi East, Quebec, Canada. 25 Figure 2: Location Map of Harricana River Mining Corporation Inc. Harricana Mine Project, NTS 32C/04, Val d'Or Area, Quebec, Canada. 26 Figure 3: Mining Claim Map of Harricana River Mining Corporation Inc. Harricana Mine Project, Bourlamaque and Dubuisson Townships, Val d'Or Area, Quebec 27 Figure 4: Generalized Geology and Location of Quartz Vein Deposits and Massive Sulphide Polymetallic Deposits for the Malartic — Val d'Or area, Quebec 43 Figure 5: General Geology Map of the Harricana River Mining Corporation Inc. Harricana Mine Project, Bourlamaque and Dubuisson Townships, Val d'Or, Quebec 45 Figure 6: Underground Development and Known Vein Structures at the Harricana Mine, Bourlamaque Township, Val d'Or, Quebec 49 Figure 7: Surface Plan of Diamond Drill Holes and Gold Bearing Zones of Hanicana River Mining Corporation Inc., Bourlamaque and Dubuisson Townships, Val d'Or, Quebec 60 Figure 8: Hydro Zone Longitudinal with Constat Petroleum Corporation Diamond Drilling., Hanicana Mine Project, Val d'Or, Quebec 61 Figure 9: Composite Longitudinal of the Upper, CL-49, RDD and Lower Zones with Constat Petroleum Corporation and International Baslen Enterprises Limited Diamond Drilling, Hanicana Mine Project, Val d'Or, Quebec 62 Figure 10: Location Map of the 2002 Geophysical Survey Grid and 1988 Belmoral Mines Diamond Drill Grid, Aur Area A Option Mining Claims of Harricana River Mining Corporation Inc. Harricana Mine Project, Bourlamaque Township, Val d'Or, Quebec 64 Figure 11: Location Map of Diamond Drill Holes on the Aur Area A Option Mining Claims of Harricana River Mining Corporation Inc. Harricana Mine Project, Bourlamaque Township, Val d'Or, Quebec 65 Figure 12: Section 0+00, Aur Area A Option 66 Figure 13: Section 2+00 East, Aur Area A Option 67 Figure 14: Section 4+00 East, Aur Area A Option 68 5 Figure 15: Section 6+00 East, Aur Area A Option 69 Figure 16: Section 8+00 East, Aur Area A Option 70 Figure 17: Section 10+00 East, Aur Area A Option 71 Figure 18: Section 12+00 East, Aur Area A Option 72 Figure 19: Scatter Diagram of the 118 Duplicate Samples with Gold Values Greater Than 0.005 opt. 85 Figure 20: Zone Quartz Vein Vertical Polygonal Longitudinal 87 Figure 21: Zone North Shear Vertical Polygonal Longitudinal 88 Figure 22: Zone North Shear Horizontal Polygonal Longitudinal 89 Figure 23: Zone No.1 Horizontal Polygonal Longitudinal 90 Figure 24: Zone No.2 Horizontal Polygonal Longitudinal 91 Figure 25: Zone 3A Horizontal Polygonal Longitudinal 92 Figure 26: Zone 3B Horizontal Polygonal Longitudinal 93 Figure 27: Zone 4A Horizontal Polygonal Longitudinal 94 Figure 28: Zone 4B Horizontal Polygonal Longitudinal 95 6 2.2 LIST OF TABLES Table 1: Current Mining Claim Status for Aur Resources Inc. Aur Area `A' 28 Table 2: Current Mining Claim Status for the Harricana River Mining Corporation Inc. Aur Area `B' 28 Table 3: Current Mining Claim Status for Harricana River Mining Corporation Inc.Area `C' 29 Table 4: Significant Assay Results from the 1988 and 1989 Diamond Drilling Program by Belmoral Mines Limited at the Aur Area `A' Option 55 Table 5: Significant Assay Results from the 1981 Diamond Drilling Program by Provinces X Exploration Inc. at the Harricana Shaft Area 55 Table 6: Significant Assay Results from the 1986 Diamond Drilling Program by Canstat Petroleum Corporation at the Hydro Zone and High Voltage Zone 56 Table 7: Significant Assay Results from the 1986 and 1987 Diamond Drilling Program by Canstat Petroleum Corporation at the Hydro Zone and High Voltage Zone 56 Table 8: Significant Assay Results from the 1989 Diamond Drilling Program by International Baslen Enterprises Ltd. at the High Voltage Zone 57 Table 9: Significant Assay Results from the 1988 and 1989 Diamond Drilling Program by Belmoral Mines Limited at the Aur Area `A' Option 57 Table 10: Statistics of 625 Raw Assays Greater Than 0.005 opt Gold 84 Table 11: Correlation Coefficient between the Original Assay and the Check Assay for the Gold Bearing Zones at the Aur Area `A' Option 84 Table 12: Frequency Distribution and Cumulative Frequency Distribution of Uncut Assays for Each Gold Bearing Zone at the Aur Area `A' Option 84 Table 13: Inferred Resource Estimations for the Aur Area `A' Option 96 Table 14: Proposed Exploration Budget 102 2.3 LIST OF APPENDICES Appendix A: Harricana Amalgamated Gold Mines Inc. 1936 Diamond Drill Holes Appendix B: E & B Exploration Inc. 1981 and 1983 Diamond Drill Holes Appendix C: Province X Exploration Inc. 1981 Diamond Drill Holes Appendix D: Canstat Petroleum Corporation 1981 Diamond Drill Holes Appendix E: Canstat Petroleum Corporation 1986 Diamond Drill Holes Appendix F: Belmoral Mines Limited 1988 and 1990 Diamond Drill Holes on the Aur Area "A" Option Appendix G: International Baslen Enterprises Limited 1989 Diamond Drill Holes Appendix H: Recommended Additional Sampling of the Belmoral Diamond Drill Core Appendix I: Quartz Vein Zone — MINERAL RESOURCE Appendix J: North Shear Zone — MINERAL RESOURCE Appendix K: Zone No. l — MINERAL RESOURCE Appendix L: Zone No.2 — MINERAL RESOURCE Appendix M: Zone 3A — MINERAL RESOURCE Appendix N: Zone 3B — MINERAL RESOURCE Appendix O: Zone 4A — MINERAL RESOURCE Appendix P: Zone 4B — MINERAL RESOURCE 8 2.4 GLOSSARY OF NON-GEOLOGICAL TERMS AND ABBREVIATIONS The following are definitions for terms used in this Technical Report: 2629-2482 Quebec Inc. the original company which was renamed on March 12, 2004 to Harricana River Mining Corporation Inc. "Aur" or "ARL" Aur Resources Limited "HRMC" Societe Min ère Riviere Harricana Inc. or Harricana River Mining Corporation Inc. "IBEL" International Baslen Enterprises Limited "JVA" Joint Venture Agreement "KAT" K.A. Jensen, an independent consulting geoscientist "NPIR" Net Profit Interest Royalty "NSR" Net Smelter Return or Net Smelter Royalty "OGS" Ontario Geological Survey "TSE" The Toronto Stock Exchange 9 2.5 GLOSSARY OF TERMS RELATING TO MINING AND MINERAL PROPERTIES "DDH" means a diamond drill hole "diamond drill" paeans a machine designed to rotate under pressure, using an annular diamond studded cutting tool to produce a more or less continuous sample of the material that is drilled. "EM" means an electromagnetic geophysical survey method "g/t" grams per (metric) tonne "HEM" means a horizontal loop electromagnetic geophysical survey method "HLEM" means a horizontal loop electromagnetic geophysical survey method "km" means kilometres "m" means metres means a total field magnetic geophysical survey "mineralization" means a natural aggregate of one or more minerals, which has not been delineated to the extent that sufficient average grade or dimensions can be reasonably estimated or called a "deposit" or "ore". Further exploration or development expenditures may or may not be warranted by such an occurrence depending on the circumstances. "NTS" National Topographic Survey that publishes topographic map sheets for Canada. "ounce" means troy ounces "ppb" means parts per billion "ppm" means parts per million means reverse circulation drilling by a machine designed to rotate under pressure, using a tricone cutting tool to penetrate unconsolidated material and to return that material with the recirculation of the drilling water.
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