Redton Property
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2005 Assessment Report Takla - Redton Property Claims CS001- 128, HS001 - 135, EXT001-003, King, TwinO5, Twin 0502, HAL 1. Geological Data Compilation, Geophysical Surveys, Prospecting, Interpretation and Probabilistic Targeting for Porphyry Copper Deposits Omineca Mining Division NTS 93N/3,6,7,10,11 4 Dl "W." Claim Owners: Redton Resources Inc. C, -.. I z5 " 1 Claim Operators: Geoinformatics Exploration Inc. Report By Tony Worth Gerry Bidwell March 2006 Geoinformatics Exploration Inc Suite 304,700 West Pender Street Vancouver, British Columbia, Canada V6C 1G8 Executive Summary The Redton Property is an alkali porphyry copper-gold project located in the Quesnellia region of northern British Columbia, Canada. The property is located within close proximity to known alkali porphyry copper-gold deposits at Mt Milligan (445Mt @ 0.215% Cu, 0.415gt Au), Chuchi Lake (50Mt @ 0.21% Cu, 0.21glt Au) and Lorraine (31.9Mt @ 0.66% Cu, 0.17glt Au, 4.7gh Ag). The property is owned by Redton Resources Inc. with Geoinformatics Exploration Inc. currently earning an 85% interest by spending $4.75M on exploration over 5 years. Included in the option agreement is the Takla-Rainbow property, currently under option to Redton Resources Inc. from prospector Mr Lome Warren. Work on the property in 2005 comprised a thorough process of: digital data capture and integration, interpretation of geoscience data, and application of a rigorous process of generating targets for alkalic porphyry copper-gold deposits. Data was compiled from various open file sources for the project and included: - 123 drill holes, including lithology logs and assays - 26 geological outcrop and interpretation maps - 15 geophysical datasets including magnetics, gravity, radiometrics and induced polarisation surveys - 22,982 located geochemistry samples - Mineral occurrence data from the BCGS Minfile database. In addition to compiling historical data the entire project area was flown with detailed magnetics and radiometrics in two separate surveys in 2005. The historical data compilation and detailed magnetics and radiometrics formed the basis of detailed lithological, geochemical and structural interpretations. These were subsequently used to generate targets using a Geoinformatics-refined targeting process known as MOCA. The MOCA targeting process is a model-driven method of targeting for mineral deposits using Monte Carlo probabilistic algorithms in order to incorporate uncertainty and risk into the targeting procedure. A total of 32 areas were defined as targets and subsequently ranked according to MOCA probabilities and degree of previous exploration. Several of the high ranked targets also have complementary empirical anomalism, such as zoned multi-element geochemical anomalies, IP chargeability and magnetic anomalies. The highest ranked targets will form the basis for exploration in the 2006 field season, with an extensive field program planned including drilling of four to six targets. TABLE OF CONTENTS .. Executive Summary ................................................................................................11 .. List of Tables ......................................................................................................... "1 1.0 Introduction ...................................................................................................... 1 1. 1 Preamble .....................................................................................................................1 1.2 Project History ............................................................................................................1 1.3 Location and Acces s. ................................................................................................... 2 1.4 Tenure........................................................................................................................ 2 2.0 Geological Setting .............................................................................................4 2.1 Regional Overview ..................................................................................................... 4 2.2 Stratigraphy ............................................................................................................... 4 2.3 Intrusions .................................................. .......................................................5 2.4 Structural Setting....................................................................................................... 6 2.5 Metamorphism ........................................................................................................... 7 2.6 Mineral Deposit Styles ............................................................................................... 7 2.7 2005 Prospecting ........................................................................................................ 7 3.0 Data Compilation ......................" ..................................................................... 9 3.1 Data Audit ................................................................................................................... 9 3.2 Data Capture.............................................................................................................. 9 3.2.1 Geology ......................................................................................................... 10 3.2.2 Geophysics .................................................................................................... 1 1 3.23 Geochemistry .................................................................................................. 14 3.2.4 Drilling .......................................................................................................... 15 3.2.5 Geographic Data ........................................................................................ 16 3.2.6 Mineral Occurrence Data ............................................................................... 16 4.0 Data Processing .............................................................................................. 18 4.1 Geology .................................................................................................................... 18 4.2 Geophysics.......................................................................................................... 18 4.3 Geochemistry ........................................................................................................... 28 4.4 Drilling Data ............................................................................................................28 4.5 Topographic Data .................................................................................................. 28 4.6 Remote Sensing........................................................................................................ 29 iii 5.0 Interpretation .................................................................................................. 30 6.0 Targeting......................................................................................................... 31 7.0 Conclusions And Recommendations............................................................ 36 8.0 References ....................................................................................................... 37 9.0 Statement of Qualifications............................................................................ 38 Appendix 1 Redton Project Library Index Appendix 2 Redton Project Lithology Coding System Appendix 3 Redton Project Lithology Colour Legend Appendix 4 Fugro Airborne Magnetics / Radiometrics Survey Specifications Appendix 5 Aeroquest Report on Helicopter-Borne Gamma Ray Spectrometer and Magnetic Gmdiometer Survey, TabRedton Property Appendix 6 Redton Project Geochemistry Database Extract Appendix 7 I0Geochemistry, Redton Geochemical Summary Appendix 8 Redton Project Drill Hole Database - Collar File Extract Appendix 9 Redton Project Remote Sensing Report By AGARSS: ASTER Alteration Mineral Mapping Appendix 10 Probabilistic Targeting Using MOCA Appendix 11 Redton Project Target List Appendix 12 Claim Listing Appendix 13 Statement of Costs (Expenditures & Assessment Data) List of Figures Figure 1.1 Redton Project Location Plan (Claim Area Shown in Orange) Figure 1.2 Redton Property Claim Map Figure 3.1 Redton Project Outcrop Geology Compilation Map Figure 3.2 Geophysical Survey Coverage for the Redton Project Figure 3.3 Redton Project 2005 Detailed Magnetics Survey - Reduced to Pole Magnetic image Figure 3.4 Redton Project 2005 Detailed Radiometrics Survey - Potassium Image Figure 3.5 Redton Project 2005 Detailed Radiometrics Survey - Uranium Image Figure 3.6 Redton Project 2005 Detailed Radiometrics Survey - Thorium Image Figure 3.7 Redton Project Compiled Geochemistry Sample Locations Figure 3.8 Redton Project Compiled Drill Hole Location Plan Figure 4.1 Redton Project 2005 Detailed Magnetics Survey - Various Filtered Magnetic images Figure 4.2 Redton Project 2005 Detailed Magnetics Survey - Magnetic Worms Figure 4.3 Redton Project 2005 Detailed Magnetics Survey - Polygons Derived from the Geoinformatics "Auto Intrusion" Filter Figure 4.4 Redton Project 2005 Detailed Magnetics Survey - Inversion Model Figure 4.5 Redton Project Regional Gravity Data - Various Filtered images Figure 4.6 Redton Project 2005 Detailed Radiometrics Survey - Processed Products, K/Th and K2/Th Images, KZ/Thpolygonised highs Figure 4.7 Compilation of IP Surveys for the Redton Project. Figure 4.8 Redton Project Compiled Geochemistry