PROSPECTING ASSESSMENT REPORT ON THE SEYMOUR INLET PROJECT (WIGWAM CLAIMS, Tenure # 572620 & 572621) (Pt/Os/Rh/lr ALASKAN TYPE INTRUSION) Seymour Inlet, Vancouver Mining Division NTS 92 M/2 (92M.017) Latitude 51°08'19", Longitude: 126°43'48" REC-EWED By APR 1 1,2009 J. T. ~Ihearer, M.Sc., P.Geo. Gold Commissioner's MfM5' - 2330 Tyner Street VANCOUVER, B.C. Port Coquitlam, BC !fJ r V3C 221 ;;e; ~~ • Phone:604-970-6402 ~ 1:1 I, ,j E-mail:
[email protected] ~ [,! ,1 ~ri' " ("-I For § [~, l;j /2,. , i &-1' ...; ~,. "< ", Homegold Resources ltd /O-'"iI! c.":'/ v c' Unit 5 - 2330 Tyner Street t: £; ~ c«( Port Coquitlam, BC v c .. ~';.".;;- "'" V3C 221 ~J September 15, 2008 Fieldwork completed between August 1, 2008 and August 30, 2008 r- • TABLE of CONTENTS PAGE INTRODUCTION 1 PROPERTy 2 LOCATION, ACCESS and TOPOGRAPHY : 3 HISTORY and DEVELOPMENT 4 REGIONAL GEOLOGY 5 LOCAL GEOLOGy 6 ROCK DESCRIPTIONS 7 2008 PROSPECTING and GEOLOGY 9 CONCLUSIONS and RECOMMENDATIONS 10 ESTIMATE of COSTS for FUTURE WORK 11 STATEMENT of QUALIFICATIONS 12 REFERENCES 13 APPENDICES Appendix I Statement of Costs 14 Appendix II List of Specimens 15 Appendix III Titaniferous Zoned Pt-OZ-Rh/lr Vadadium Deposit Model And Magmatic Oxide Deposit Model 17 Prospecting Report on the Seymour Inlet Project (Wigwam Claims) September 15, 2008 Page ii • LIST of ILLUSTRATIONS and TABLES Following Page FIGURE 1 Property Location, 1":190km ii FIGURE 2 Detail Property Location 1 FIGURE 3 Claim Location Map, 1:51,000 2 FIGURE 4 Regional Geology Map, 1:147,869 4 FIGURE 5 Local Geology, 1:50,000 5 FIGURE 6 Local Prospecting Map, 1:10,000, Rainbow Creek Area 8 FIGURE 7 Local Prospecting Map, 1:10,000, Haig Bay Area 9 TABLES Page TABLE I List of Claims ! •••••••••••• 2 Prospecting Report on the Seymour Inlet Project (Wigwam Claims) September 15, 2008 Page iii ----------------~-------- pW INTRODUCTION The Wigwam Project is located near the head of Seymour Inlet, BC, a narrow coastal mainland fjord 85km east of the north tip of Vancouver Island in the Vancouver Mining Division.