BC Geological Survey Assessment Report 33679

NTS 092H/04 ASSESSMENT REPORT FOR THE SLESSE CREEK PROPERTY, SARDIS, BRITISH COLUMBIA Approximate Property Location Latitude: 49º 01’ 00”N Longitude: 121º 38’ 00”W Prepared For: Wedge Resource Pty. Ltd. 10 Canning Highway South Perth Western Australia Prepared by: APEX Geoscience Ltd. 1 Suite 200, 9797 45 Avenue Edmonton, Alberta T6E 5V8 1 Kristopher J. Raffle, B.Sc., P.Geol. January 14, 2013 Vancouver, BC Canada ASSESSMENT REPORT FOR THE SLESSE CREEK PROPERTY Contents 1 Summary ................................................................................................................... 1 Introduction and Terms of Reference .............................................................................. 3 2 Property Description and Location ............................................................................. 3 3 Accessibility, Climate, Local Resources, Infrastructure and Physiography ................ 7 4 History ........................................................................................................................ 8 5 Geological Setting and Mineralization ...................................................................... 17 5.1 Regional Geology ............................................................................................. 17 5.2 Property Geology ............................................................................................. 17 5.3 Mineralization ................................................................................................... 19 6 Deposit Types .......................................................................................................... 20 6.1 Gold-Quartz Veins ............................................................................................ 20 6.2 Intrusion Related Gold-Pyrrhotite Veins ........................................................... 21 6.3 Gold Skarns ...................................................................................................... 21 7 2012 Exploration ...................................................................................................... 22 7.1 Soil Sampling ................................................................................................... 22 7.2 Rock Sampling ................................................................................................. 28 8 Sampling Method and Approach .............................................................................. 28 8.1 Soil Sampling ................................................................................................... 28 8.2 Rock Sampling ................................................................................................. 28 9 Data Verification....................................................................................................... 29 10 Interpretation and Conclusions ................................................................................ 29 11 Recommendations ................................................................................................... 30 12 References .............................................................................................................. 32 13 Certificate of Author ................................................................................................. 34 Appendix 1 – 2012 Soil Sample Descriptions ....................................................... AT END Appendix 2 – 2012 Rock Sample Descriptions .................................................... AT END Appendix 3 – 2012 Analytical Certificates (Soil & Rock) ...................................... AT END Appendix 4 – 2012 Expenditures ......................................................................... AT END Tables Table 1. Slesse Creek Claims ......................................................................................... 3 Table 2. 2008 Rock Rock Grab Assay Results ............................................................. 13 Table 3. 2009 Rock Rock Grab Assay Results ............................................................. 15 Table 4. Soil Sampling Duplicates Analysis .................................................................. 29 Table 5. Recommended Exploration Budget ................................................................. 31 Figures Figure 1. Slesse Creek Property Location ....................................................................... 4 Figure 2. Slesse Creek Property Claims ......................................................................... 5 Figure 3. Historical Work ............................................................................................... 11 Figure 4. 2008-2009 Sampling ...................................................................................... 14 Figure 5. 2009 Torb Showing Ground Magnetic ............................................................ 16 Figure 6. Property Geology ........................................................................................... 18 ASSESSMENT REPORT FOR THE SLESSE CREEK PROPERTY Figure 7. 2012 Sample Locations .................................................................................. 23 Figure 8. 2012 Samples Assay Results (Au) ................................................................ 24 Figure 9. 2012 Samples Assay Results (Cu) ................................................................. 25 Figure 10. 2012 Samples Assay Results (As) ............................................................... 26 Figure 11. 2012 Samples Assay Results (Zn) ............................................................... 27 ASSESSMENT REPORT FOR THE SLESSE CREEK PROPERTY 1 Summary This assessment report is written as an assessment Report (the “Report”) for the Slesse Creek Property (the “Property”), which is currently held by Wedge Resource Pty. Ltd (Wedge Resources), of South Perth, Western Australia, Australia. The Property is comprised of 11 contiguous mineral claims, 100% owned by Wedge, and is located in southwestern British Columbia, 110km southeast of Vancouver, B.C, within the New Westminster Mining Division. This Report is a technical summary of available historic geological, geophysical and geochemical information in addition to the recent work completed. The Slesse Creek area has a long history of mineral exploration dating back to 1897 when the Red Mountain and Lone Jack gold bearing quartz veins were discovered to the south of the Canada-U.S. border. The veins occupy a series of en-echelon tensional gashes within metamorphosed Yellow Aster Group diorite. The northerly projection of the vein structure was traced by air approximately 914 metres to the north into the Slesse Creek Property. Total production estimates reported by Grant (1987) were 80,000 tons with an average grade of 0.60 ounce/ton gold, or 48,000 total ounces of gold production. Within the Property a number of historic open cuts and short adits were excavated at the Queen, Jumbo and Slesse Creek showings along narrow gold bearing quartz veins. More recent exploration by Sauer (1989) resulted in the discovery of the Torb Zone, a shear zone hosted gold, silver and copper bearing sulphide lens, and a strong gold and silver stream sediment geochemical anomaly within Glacier Creek. At the Torb Zone Showing, a discontinuous lens of quartz with pyrite and chalcopyrite is exposed over a 15 metre strike length. In 1988, a rock grab sample (103752H) collected from the Torb Zone retuned assays of 22.90 grams-per-tonne (g/t) Au and more than 1% Copper (Cu). In 2008 and 2009 exploration program a 40 centimetre chip sample (08KRP611) collected from across a sulphide lens returned assays of 2.14 g/t gold (Au), 25.4 parts-per-million (ppm) silver (Ag) and 6.11 % Cu. The results of stream sampling confirm that Glacier Creek, which drains the Boundary Red Mine area, contains anomalous Au concentrations (up to 115 ppb Au in Sample 8212). A second drainage on the east side of Slesse Creek is also anomalous (up to 89 ppb Au in Sample 08MBH002). Between the dates of October 24th and November 10th, intermittently, a geological consulting team from Apex completed soil sampling and rock grab sampling on the claim Wedge1 of the Wedge property. A total of 17 rock grab samples and 222 soil samples were collected from the Property. Soil samples were collected at a spacing of 25-meters along topographic contour intervals of 80 meters. Rock samples were collected from the southern edge of the property, near the US-Canada border. The total cost to complete the 2012 exploration program was $50,445. The Slesse Creek Property is dominated by southeast-dipping high-angle faults that have juxtaposed and imbricated rocks of different ages, lithologies and metamorphic grade. The eastern margin of the Property has been intruded by Tertiary granitic rock. To the north along strike of the Boundary Red Mountain Mine fragments of Yellow Aster Complex, serpentinized ultramafic rock, Darrington Phyllite and clastic and volcanic rocks of the Chilliwack Group are juxtaposed in an imbricate structure by a series of 1 ASSESSMENT REPORT FOR THE SLESSE CREEK PROPERTY subparallel, subvertical faults. A number of fault traces are manifested by intensely deformed shear zones that show mylonitic rock. On the east side of Slesse Creek rocks have been affected by thermal recrystallization, folding and deformation as a result of igneous intrusion. Between Crossover Peak and Pierce Mountain the batholith contact forms an injection zone where hydrothermal alteration and metasomatism

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