Case Studies 15 YEARS of Deep Success
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TITAN 24 DC/IP & MT Case Studies 15 YEARS of Deep Success Copper Mtn Kemess Some of our TITAN clients… Barrick Gold Corp. o Dept. of Energy (Nevada) Noranda/Falconbridge Inc. o FNX Mining Company Inc. Placer Dome Inc. o Breakwater Resources Tribute Minerals Inc. o New Gold Barker Minerals Inc. o MILPO The O.T. Mining Corporation o Almaden Minerals Lionore Mining International Ltd. o New Nadina Explorations De Beers Consolidated Mines Limited o Mining Ventures Brazil Apollo Gold Corporation o Denison Mines NADR Corporation o Malbex Resources Kennecott Exploration Company o Areva Resources Cameco Corporation o Northland Resources Ontzinc Corporation o Inmet Mining Goldcorp Inc. o Boxxer Gold Newmont Mining Corporation o Copper Mountain Mining Corp. Wallbridge Mining Company Limited o Ormat Technologies Inco Limited o Huckleberry Mines Dept. of Energy (Nevada) o Castillian Resources FNX Mining Company Inc. o Vale Argentina Kennecott Exploration Company o Romios Gold Resources Cameco Corporation o Northern Freegold Ontzinc Corporation o Xstrata Copper Goldcorp Inc. o Rosemont Copper Newmont Mining Corporation o Regulus Resources Wallbridge Mining Company Limited o Agnico-Eagle Mines Inco Limited o Kazakhmys Exploration Contents Case studies… Porphyry Uranium Copper Mountain Athabasca Basin, AREVA New Nadina Athabasca Basin, Dennison Kemess, BC VMS Copper/Gold Buchan's, Nfld Red Chris, BC Kidd Creek, Ontario Trek, BC Halfmile, NewBrunswick Carlin Trend, Nevada Nickel Shear System Gold Offset dyke, Sudbury North Country Gold, Nunavut Diamonds Gralheira, Portugal Jwaneng, Botswanna Greenstone, Ontario Epithermal Gold Chelopech, Bulgaria Case Study: Copper Mountain, BC Copper Mountain Mine- Porphyry Exploration Objectives o To confirm continuity of mineralization between the pits. o To test and possibly expand reported resources between existing pits in order to identify a new merged pit- known as the “Super Pit.” o To identify the potential for large, deep-seated porphyry deposits through a comprehensive minesite exploration program. Images of Active Pits and Geology with Titan 24 Line Locations IP Plan (200 m) and 3D Map IP anomalies centred over current pits 3D image shows continuity of chargeability to depth Integrated 2D IP and Geology Copper Mountain- Survey Results o Effective survey in a noisy environment o Identification of targets to depth o Confirmation of geologic model o Drilled 37 m of ore based on Titan 24 results o Drill results led to $29 m of financing o Identified a new merged pit known as the “Super Pit” In 2008, Copper Mountain succeed in finishing one of the largest drill programs in Canada (106,000 meters) and increased the resource estimate by 45% to 5 Billion pounds of copper. The goal of the program was achieved when the results confirmed continuity of mineralization between the pits. The Current mine plan merely scratches the surface of the visible anomalies that extend to depth. Copper Mountain will continue to test these deep anomalies and sees “blue sky” potential to develop a world class deposit upon successful proof of mineralization below the planned super pit outline. New Nadina, British Columbia Silver Queen- Porphyry Silver Queen- Exploration Objectives o To map and define zones that could represent a potential porphyry system as well as related silver and copper deposits. o Identify new targets associated with vein-type mineralization within the Silver Queen project area. o Map and delineate potential porphyry targets for drill testing. DC Resistivity & IP Chargeability Sections Over Target B Discovery Drill Holes Showing Assay Results Itsit Discovery at 400m depth Discovery Drill Holes Showing Assay Results Itsit Discovery at 400m depth MT Resistivity Section Over Target B Discovery Drill Holes Showing Assay Results Open at 1000m depth Itsit Discovery at 400m depth Itsit Porphyry System Silver Queen- Survey Results o TITAN 24 successfully identified and delineated two new targets (A and B.) o Drill testing of Target B led to the discovery of the Itsit deposit (a Cu-Au and Mo Porphyry style stock-work mineralization.) o The 3D DCIP and MT inversion results of the data led to a better definition of the porphyry system outlines and the detection of new highly prospective targets, increasing the size of the deposit dramatically. o TITAN 24 was very successful at detecting both shallow vein-type and deep- seated Porphyry-style targets associated with significant mineralization to depths of 800m. Northgate Minerals, BC Kemess Mine- Porphyry Kemess North – British Columbia Porphyry Au – Cu deposit with potential for more ore nearby – rationale for Titan 24 survey Kemess North – Forward Modeling Modeled geology with geophysical parameters assigned. Calculated response showing response from mine as well as new targets. Kemess North – Orebody Extension Kemess North - Results o Mine site characterized using geophysical signatures. o 2 new orebodies found – Altus Zone and Oro Zone -- good value from geophysics (i.e. geophysics works). o Drilling of Titan 24 anomalies led to 141 m of 0.39 g/t Au and 0.31% Cu – largest intercept in camp to date. o Proved ability of system to perform in very rough, mountainous terrain with reliable results to depth. Press release- Northgate Minerals “With the validation of the Titan system as an exploration tool for the terrain and deposit types in the Kemess camp, additional surveys have been contracted to more completely map out the area around hole KH-07-04, as well as to explore other areas of the Kemess North system and areas adjacent to the Kemess South pit. In addition to this survey work, Northgate will be drilling additional holes in and around the Altus and Ora zones during the 2007 exploration season. Total exploration expenditures on the Kemess property in 2007 are now expected to reach $4 million.” Ken Stowe, President and CEO Imperial Metals, BC Red Chris: Cu-Au Red Chris- Exploration Objectives o To define the depth and strike length potential of the Cu-Au mineralization prior to full mine development and to guide additional deep drilling. o To define the quartz stockwork system containing the mineralization to depth and to determine if the system is connected solely to the Red stock monzonite. o To assist in the targeting of deep exploration holes. Advanced Stage Survey 2007 drill results revealed the potential for high grades beneath the current pit design. A Titan 24 survey tested to depth. TITAN 24 DC/IP & MT Survey o Red Chris TITAN 24 survey line location (blue,) proposed open pit outline (brown) and detail section profile location (red.) o Survey grid of 13 lines. o A total of 30 line-kilometres of DCIP and MT was completed (40 line- kilometres with current extensions.) o 2.4 km line length, 400m spacing. Red Chris – Looking West Section DC Resistivity MT Resistivity IP Chargeability Red Chris – Geophysical Long Section IP Chargeability DC Resistivity MT Resistivity Red Chris- Survey Results o DCIP suggests that mineralization extends to depths greater than 1 km. o IP indicates significant depth to mineralization. o Lithology mapped out by MT in particular, by resistivity in general. o Bounding fault structures are imaged by DC and MT resistivity. o Red Chris mineralization appears to extend to depth and along strike. o The Red Chris and Red Stock vein systems extend to depths beyond the extent of previous drilling. Romios Gold Resources Inc. Trek Property, BC, Canada Romios Gold Resources Inc. Romios_2011-06-21_Trek_NI_43-101 Romios Gold Resources Inc. Romios Gold Resources Inc. Romios Gold Resources Inc. “A new, high-grade copper discovery, called the ‘Lower Breccia Zone’, lies below the known mineralization at the North Zone and was intersected during the 2011 drill campaign. It is spatially coincident with a large and conductive geophysical anomaly previously identified by the Titan 24 geophysical surveys.” Romios, Pess Released 20120305 (TrekStatusASM) Romios Gold Resources Inc. Newmont, Nevada Copper Basin: Cu-Au-Mo Copper Basin- Nevada Newmont’s Buckingham stockwork molybdenum deposit is located in the Copper Basin area of Nevada. It comprises a Late Cretaceaous calc- alkaline porphyry system estimated to contain more than 1,000 million tons of mineralized rock averaging 0.10 weight percent Mo and small amounts of Ag, W, Cu and Au. Copper Basin- Nevada A Titan 24 survey was conducted across an area of historic Cu and Cu-Au open pit mining in the Copper Basin area of Central Nevada. The aim of the survey was to map chargeability anomalies associated with potential secondary supergene chalcocite copper mineralization and copper Skarn hypogene mineralization. The survey traverses an area between historic open pits. TITAN 24 DCIP & MT Survey Profile Top panel: EVA rotated PW 2D inversion; Middle panel: DC Resistivity UBC smooth inversion; Bottom panel: Chargeability UBC smooth inversion. Copper Basin- Results o Intrusives mapped to depth o 3 priority drill targets identified from IP o Further justification to perform additional surveys North Country Gold, Nunavut Three Bluffs: Gold Three Bluffs: Exploration Objectives o To use TITAN 24 as a cost effective means of identifying drill targets. o To detect deep conductive zones that reflect extensions of known mineralization. o Complete an orientation survey to identify additional conductive zones or ‘blind’ conductors in the immediate Three Bluffs area. Three Bluffs- Survey Results Volumetric illustration of 3D resistivity iso-surfaces with historic