Jet Aurora ~~ Fieldex Exploration -Ai Piatinum Corp
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GM 62648 ASSESSMENT REPORT BASED ON THE 2006 LAFORCE GEOLOGICAL MAPPING & PROSPECTING PROGRAM, LAFORCE PROJECT jet Aurora ~~ Fieldex Exploration -Ai PIatinum Corp. ASSESSMENT REPORT BASED ON THE 2006 LAFORCE GEOLOGICAL MAPPING & PROSPECTING PROGRAM Laforce Project, Brodeur and Devlin Townships Claims: 1119531 1119530 1019423 1019424 5243412 5256056 1131342 1131343 1131339 3ESSOUI !,' E • 3 MINES H Ressources naturelles et Faune, Québec 2 ùEC. 206 NTS 31M/10 1 1 JAN, 2007 BUR5.I: Ari:..,( AL it .4 ?. Service de la Géoinformation GM 6 2648 Roger Poulin, BSc., PGeo. (Ont, Que) Shastri Ramnath, M.Sc., PGeo. (Ont, Que) November 25th, 2006 LAFORCE ASSTStiNiFA I' REPORT No\eniher 2006 64gmp Aurora Fieldex ~ r ~ Exploration ,41 Platinum Corp. SUMMARY Between October 9th and October 27`h, 2006, Aurora Platinum Corp. ("Aurora"), a wholly-owned subsidiary of FNX Mining Company Inc. and Fieldex Exploration Inc. ("Fieldex") carried out a Geological Mapping and Prospecting Program on the Aurora- Fieldex Laforce joint venture claims 1119531, 1119530, 1019423, 1019424, 5243412, 5256056, 1131342, 1131343, and 1131339 located in Brodeur and Devlin Townships (the "Laforce Property"). The Laforce Geological Mapping and Prospecting Program targeted Cu-Ni-PGE mineralization known as the Laforce prospect as well as areas outside the known mineralization. The objectives of the 2006 Geological Mapping and Prospecting Program were to: 1) Identify the extension of the gabbro intrusion; and 2) To use the knowledge acquired during the drill campaign to identify new and untested target areas east and west of the Laforce prospect. The mapping area covered an area approximately 1800m long by 350m wide. A total of 152 outcrop stations were identified and mapped, 87 rock samples were taken for hand specimens, and 16 rock samples were taken for assay analysis. The total expenditures for the summer 2006 Laforce Geological Mapping and Prospecting Program were $18,665.89. LAFt. )RCI✓ :ASSE.SSN1E. N1 RF,PO R1 No\ ernher 2006 Aurora l~ Platinum Corp. TABLE OF CONTENTS SUMMARY 2 INTRODUCTION 5 PROPERTY LOCATION AND ACCESS 5 PROPERTY STATUS 6 PHYSIOGRAPHY AND CLIMATE 7 PREVIOUS WORK 7 REGIONAL GEOLOGY 8 PROPERTY GEOLOGY 10 2006 GEOLOGICAL MAPPING AND PROSPECTING PROGRAM 10 FIELD PROGRAM 10 LITHOLOGY 1 1 MINERALIZATION 1 1 ALTERATION 1 1 STRUCTURE 11 SAMPLING PROCEDURES 13 PERSONNEL AND CONTRACTORS 13 EXPENDITURES 14 CONCLUSIONS 15 RECOMMENDATIONS 15 STATEMENT OF QUALIFICATIONS 16 REFERENCES 18 LAEORCL: ,1SSESSN1EN1 I:EPOR1 November 2006 Aurora Fieldex lif a Exploration ,vk Platinum Corp. LIST OF FIGURES Figure 1: Laforce Property — Location Map 5 Figure 2: Laforce Property — Claims 6 Figure 3: Laforce Property — Regional Geology 9 Figure 4: Laforce Property — Geological Mapping Area 10 LIST OF TABLES Table 1: Laforce Property — Claim Status 7 Table 2: Laforce Property — Previous Work 8 Table 3: Laforce Property — Detailed descriptions of the mafic, ultramafic and brecciated rock types identified on the property during the 2006 program. 12 Table 4: Laforce Property — Personnel 13 Table 5: Laforce Property — Contractors 13 Table 6: Laforce Property — 2006 Expenditures 14 LIST OF APPENDICES Appendix I: Geological Mapping and Prospecting Field Stations Appendix 11: Sample Location List and Sulphide Mineralization Appendix (I1: ALS Chemex Lab Certificates and Sample Locations LIST OF MAPS Map 1: Topographic map showing the field station locations Back Pocket Map 2: Geological map showing the geological interpretation Back Pocket LAFOR('F \SSLSSNIENF RI-:POfZ I tio\ ember 2.UU6 lifit Aurora F ex Exploration ► Platinum Corp. INTRODUCTION In 2004, Aurora acquired a 50% interest in certain claims located in the District of Temiscamingue, Quebec from Fieldex under a Joint Venture Agreement dated March 25, 2004. The JV Agreement includes three of the nine claims worked on during the 2006 Laforce Geological Mapping and Prospecting Program which is the subject of this report. In 2006, Aurora acquired a 50% interest in the remaining six claims described in this report from Fieldex under a second Joint Venture Agreement dated June 12, 2006. Although Aurora and Fieldex own a 50% interest in each of the nine claims, two of the claims are registered in Aurora's name as to a 100% ownership and the remaining seven claims are registered in Fieldex's name as to a 100% ownership (Table 1). PROPERTY LOCATION AND ACCESS The Laforce Property is located 50 km northeast of the town of Ville Marie, Quebec and 2.2 km southwest of Laforce, Quebec in Brodeur Township (Figure 1). The property is centered approximately at 670600mE and 5264800mN (NAD 83, Zone 17). Access to the property is by Highway 382 east from Ville Marie to the town of Fugereville and then north to the town of Moffet. Approximately 20 km east along the road Chemin de Moffet-Laforce, there is a turn off to a 3-km long, snowmobile/ATV trail heading south that leads directly to the property. ~~ O Kilometers r '0) ")).-;"-c~~ ' Figure 1: Laforce Property — Location Map LAFORCE ASSESSMENT REPORT — November 2006 F ;4 M W ail Aurora Fieldex m4 i ExploraBon i Platinum Corp. PROPERTY STATUS The Laforce Property consists of nine contiguous claims covering an area of 356.79 hectares located in Brodeur and Devlin Townships, District of Temiscamingue, P.Q. and is subject to two agreements between Aurora and Fieldex dated March 25, 2004 and June 12, 2006 respectively. Aurora and Fieldex each own a 50% interest in the Devlin Property (Figure 2) by virtue of the aforesaid two agreements. Two of the claims are registered on the Ministere des Resourcesses Naturelles et de la Faune mining titles system in the name of Aurora as to a 100% ownership and the remaining seven claims are registered in the name of Fieldex as to a 100% ownership. The current status of the Laforce Property is described in Table 1. a' a Town of Laforce 1":. Ir lc /~ = j I / m ô 10- Is 0 ~ ~' ~ 07 Y 10 CO O ~ N 0~ ~ N. f0 _ Ô O O N', n ~ , ~OV . N N 11aaa1 ~ N N Mui h N pN! 01 ' T ~: O~ m rn rn m 01 ~ 01 N 01 W CO Ôl ( Ô/ O 0 0 ÔI T W _._ N W ~~ CO ~ 00~ ~- D. CO CO CO CO CO CO CO OD CO CO. CO ' ~ .- e- ~ ~ T. e- ~ ~ y s-N N ~N 0 ~ ~ ' ~ . ,. Q1 . .. ' . - ~ wo0 00 '- ~ . ~~~ . O~ r• cr• ‘— I 1 1 583x-,1119548 1119549 1119550 } /3 31q1131343 1131344 1131345 vi• N 1r CO 01 N N ~ %!N N N N N rc co Or al 01 en as ~01 ' O~i OS M N V Q Nmm m O0 10 a1 01 V ~ M c7 .~ 0! {+! CO ~- e~ ~ r• r Ô Ô Ô Ô ô N N 0 G p ~ rf c'1 . M N ~ 'PJ ; r T . ~ 7 2 1 ~Ze 77 3 N ~' 0 {; t co C.3 18 13 750 0 4 475 13 11 1 6 4 \ 32 33 27 2 25 2 22 J .. ... 95 195 ~' 195 4 195 195 1195 5 1 11 00 11 1 1 N 11 e- 34 11195 11 1 - 87 1 of PJ 43 CO 4 13 1101872 01 3 47 ô 47 .- ~ 1 11 u~ 6 9 1 0 30 Aurora-Fieldex Claims co 2 m • 4 1866 13 7431 1101864 3 M. 4 47 ô 474 1 1 Claims with 2006 Geological Mapping - • 110 Kilometers 0 1 Figure 2: Laforce Property — Claims LAFORCE ASSESSMENT REPORT — November 2006 6 Aurora "TM/~ Fieldex Platinum Corp. aExploration '+ Table 1: Laforce Property — Claim Status Claim No. Hectares Registration Date Expiry Date Titleholder 1019423 42.39 26-May-01 25-May-07 Fieldex 100% 1019424 42.35 26-May-01 25-May-07 Fieldex 100% 1119530 42.89 11-Mar-03 10-Mar-07 Aurora 100% 1119531 42.92 11-Mar-03 10-Mar-07 Aurora 100% 1131339 58.15 14-Dec-04 19-Feb-08 Fieldex 100% 1131342 13.77 14-Dec-04 19-Feb-08 Fieldex 100% 1131343 34.32 14-Dec-04 19-Feb-08 Fieldex 100% 5243412 40.00 18-Sep-00 * 17-Sep-06 Fieldex 100% 5256056 40.00 18-Sep-00 * 17-Sep-06 Fieldex 100% * Renewal application is currently being processed by Ministere de Ressources Naturelles et de la Faune. Quebec. PHYSIOGRAPHY AND CLIMATE The property has a moderate relief that varies from 250 to 325 meters above sea level. Overburden is relatively thin, varying from zero to one metre in the reported drilling area. Most of the property is forested by spruce, birch and poplar. No major water body or rivers occur near the current drilling area however, there are a few seasonal streams and ponds in the low lying areas. The district has typical boreal climate. PREVIOUS WORK Copper-nickel mineralization was discovered in the Laforce area in 1957. The original showing was stripped, trenched and sampled revealing disseminated to semi-massive pyrrhotite, pentlandite, and chalcopyrite in amphibolite (Table 2). Kerr Addison optioned the property and in 1958 and 1959, drilled 29 holes on the property, 15 of which intersected a pod of mineralization. Further drilling included 11 holes drilled by Lynwatin Nickel Copper Ltd. in 1961, 19 holes by Texmont Mines Ltd. in 1967 and 8 holes by Vista Exploration in 1976. Alotta Resources completed a ground IP survey in 1988 and followed up with four drillholes to the east of the main showing. Between 2001 and 2004 several geophysical surveys were completed by Aurora including a Terraquest airborne magnetic survey and a Geotech VTEM survey. In 2005, Aurora and Fieldex completed a regional reconnaissance mapping and prospecting program to follow up the airborne conductors identified in the 2004 VTEM survey. L.11 ORCE .\SSESSNlE\ l REYOR I No \. ember 2.006 Aurora Fieldex ~ AA ~Exploration é Platinum Corp, Table 2: Laforce Property — Previous Work Laforce Resource Kerr Addison 1958 geological mapping Geological Laforce Grab Samples ARP/FLX* 2001 prospecting Mapping Boudrias Ni-Cu Tom Exploration 2002 geological compilation Showing IP Survey Alotta Resources 1988 Ground IP Survey Belanger IP Survey 2001 Ground IP & Mag Geophysics Geophysics Magnetic Survey Meeguish 2001 Magnetic Survey JVX IP Survey JVX 2002 Ground IP Magnetic Survey Terraquest 2004 Airborne Magnetic VTEM Survey Geotech 2004 Airborne EM & Mag Laforce Rock Geochemistry ARP/FLX 2004 rock sampling Sampling 1958- Assessment DDH 6 companies 84 drillholes ** Diamond 1988 Drilling Boudrias DDH Brominco 1975 ? drillholes Interpretation Laforce Compilation ARP/FNX/FLX 2006 GIS & 3D Compilation * ARP=Aurora Platinum Corp; FLX=Fieldex Exploration Inc.