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BC Geological Survey Assessment Report 38092

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BC Geological Survey Assessment Report 38092 ASSESSMENT REPORT TITLE PAGE AND SUMMARY TITLE OF REPORT: Prospecting Report for Truax Property TOTAL COST: $10,629.29 AUTHOR(S): Tom Gilchrist SIGNATURE(S): NOTICE OF WORK PERMIT NUMBER(S)/DATE(S): STATEMENT OF WORK EVENT NUMBER(S)/DATE(S ): #5723953 2018/DEC/24 YEAR OF WORK: 2018 PROPERTY NAME: Truax CLAIM NAME(S) (on which work was done): Truax 1, Truax 2, Truax 3 COMMODITIES SOUGHT: Gold MINERAL INVENTORY MINFILE NUMBER(S),IF KNOWN: MINING DIVISION: Lillooet NTS / BCGS: NTS 92J/15 LATITUDE: 50° 49’ 07" LONGITUDE: –122° 40’ 59" (at centre of work) UTM Zone: 10U EASTING: 522500 NORTHING: 5629750 OWNER(S): Tom Gilchrist MAILING ADDRESS: 38406 Hemlock Avenue, Squamish, BC V8B 0W8 OPERATOR(S) [who paid for the work]: Tom Gilchrist MAILING ADDRESS: 38406 Hemlock Avenue, Squamish, BC V8B 0W8 REPORT KEYWORDS (lithology, age, stratigraphy, structure, alteration, mineralization, size and attitude. Do not use abbreviations or codes) Bridge River Complex, Mississippian to Mid Jurassic, Cayoosh Assemblage, Jurassic to Creteceous, antimony, gold, limonite, marine sedimentary. REFERENCES TO PREVIOUS ASSESSMENT WORK AND ASSESSMENT REPORT NUMBERS: Assessment report 35344 (2015) 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 36-element 6,377.57 Silt 5 ICP-MS Truax 1, 2, and 3 36-element 4,251.72 Rock 13 ICP-MS Truax 1, 2, and 3 Other DRILLING (total metres, number of holes, size, storage location) Core Non-core RELATED TECHNICAL Sampling / Assaying Petrographic Mineralographic Metallurgic PROSPECTING (scale/area) PREPATORY / PHYSICAL Line/grid (km) Topo/Photogrammetric (scale, area) Legal Surveys (scale, area) Road, local access (km)/trail Trench (number/metres) Underground development (metres) Other TOTAL $10,629.29 COST Page 2 of 2 Geochemical Report For Truax Property Lillooet Mining District British Columbia, Canada NTS 92J/15 Latitude: 50.8188° N Longitude: 122.6826° W Owner / Operator Tom Gilchrist Report Prepared By Tom Gilchrist March 21, 2019 Table of Contents 1.0 Summary ............................................................................................................................. 1 2.0 Introduction ......................................................................................................................... 2 2.1 Terms of Reference ................................................................................................... 2 2.2 General ...................................................................................................................... 2 2.3 Location and Access.................................................................................................. 2 2.4 Property Tenure ......................................................................................................... 3 2.5 Physiography and Climate ......................................................................................... 5 2.6 Regional History ........................................................................................................ 5 2.7 Property History ......................................................................................................... 6 3.0 Regional Geology................................................................................................................ 6 3.1 Regional Metallogeny ................................................................................................ 7 4.0 Property Geology ................................................................................................................ 9 4.1 Bridge River Complex .............................................................................................. 10 4.2 Cayoosh Assemblage .............................................................................................. 10 5.0 2018 Field Program........................................................................................................... 12 5.1 Sample Geochemistry ............................................................................................. 13 5.2 Geochemistry Maps ................................................................................................. 15 6.0 Conclusions and Recommendations ................................................................................ 24 6.1 Conclusions ............................................................................................................. 24 6.2 Recommendations ................................................................................................... 24 7.0 References ........................................................................................................................ 25 Appendix A: Statement of Qualifications ..................................................................................... 26 Appendix B: Expense Statement ................................................................................................ 27 Appendix C: Sample Descriptions .............................................................................................. 28 Appendix D: Analytical Methods and Assay Certificates ............................................................ 30 Table of Figures Figure 1: Truax Property Location ................................................................................................ 3 Figure 2: Truax Claim Map ........................................................................................................... 4 Figure 3: Truax Regional Geology ............................................................................................... 8 Figure 4: Truax Property Geology Map ........................................................................................ 9 Figure 5: Truax Claim and Sample Site Geospatial Orientation ................................................ 12 Figure 6: Geochemistry: Silver ................................................................................................... 16 Figure 7: Geochemistry: Arsenic ................................................................................................ 17 Figure 8: Geochemistry: Gold ..................................................................................................... 18 Figure 9: Geochemistry: Copper ................................................................................................ 19 Figure 10: Geochemistry: Mercury .............................................................................................. 20 Figure 11: Geochemistry: Lead ................................................................................................... 21 Figure 12: Geochemistry: Antimony ............................................................................................ 22 Figure 13: Geochemistry: Zinc .................................................................................................... 23 1.0 Summary The Truax property is located in the Lillooet Mining District in southwestern British Columbia, 180 kilometres north of Vancouver, approximately 12 kilometres east- southeast of the historic mining community of Gold Bridge, and 9 kilometres northeast of the well-known Bralorne-Pioneer gold mines. The property lies on the east side of the Truax Creek valley adjacent to Mount Truax and southwest of Mount Williams. The Truax property lies approximately 2.5 kilometres from the past-producing Gray Rock antimony mine. Access to the claim is by way of forest service roads. The Truax property is held entirely by the author. It was initially acquired in December 2013 that also included the west side of the valley and Mount Truax. The claim was subsequently reduced to eliminate the west side due to impractical access. The property is currently comprised of Truax 1, 2, and 3 claims. The Truax property has been the subject of mineral claims as recently as 2008. Significant work has occurred in the general area since the 1930s, however there is no evidence of previous work being performed on the particular ground covered by the present Truax 1, 2, and 3 claims. The Truax claims were originally staked by the author based on a BC Geological Survey Regional Geochemical Survey (RGS) sample site showing elevated values for gold, arsenic, and antimony. The sample site is in a creek that drains an alpine basin high in the eastern part of the property. A field program undertaken by the author in August 2014 collected 21 rock, soil, and stream sediment samples. Gold values exceeding 600 PPB occurred in rock and stream sediment samples. Arsenic values exceeding 480 PPM occurred in soil and stream sediment samples. Antimony up to 79 PPM occurs in soil samples. The Truax property is at a preliminary stage. The 2018 field project described in this report was conducted primarily to follow up the encouraging results of the 2014 first-pass prospecting program, and evaluate the claim's potential for additional work. Positive results from this program suggest further work should be done for a more extensive evaluation. 1 2.0 Introduction 2.1 Terms of Reference This report was prepared to meet assessment requirements for the Truax property. It briefly reviews the geological setting, earlier exploration work conducted in the general area, and describes the work done
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