A Rpt on the Expl Program on Firesteel
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52G«2SW0«12 Z . 1 3943 PYRAMID LAKE 010 £•1344 & A REPORT on the EXPLORATION PROGRAM on THE FIRESTEEL RIVER PROPERTY DISTRICT OF THUNDER BAY NORTHWESTERN ONTARIO N.T.S, 52-G-2W RECEIVED FEB 2 2 1991 MINING LANDS SECTION R.A. Bernatchez, P.Eng., January 13, 1991 Consulting Geologist 52Geaswe«i2 2.13943 PYRAMID LAKE 010C TABLE OF CONTENTS INTRODUCTION 1 LOCATION AND ACCESS 2 PROPERTY DESCRIPTION 2 EXPLORATION HISTORY 4 GEOLOGY 5 Mafic Volcanics 5 Felsic Volcanics 7 Sediments 7 Felsic Intrusives 7 Ultramafic Intrusives 7 GEOPHYSICAL SURVEY 7 Magnetic Survey 7 VLF-EM Survey 9 CONCLUSIONS 10 RECOMMENDATIONS 11 MAPS MAP A Geology and Trench Location Scale: 1" = 200© MAP B Magnetic Survey Scale: 1" = 200© MAP C VLF-EM Survey Scale: 1" = 200© INTRODUCTION The Property was staked in the spring of 1990 for Jim Vibert of Upsala, Ontario. His interest was initiated by exploration activity in the area. A Mr. Chapman of Upsala , while working on a sulphide occurrence, reported gold, copper and nickel values. The staking of claims by Mr. Vibert, on the east side of the Seine River Indian Reservation No.22 resulted in the discovery of a green fuchsite carbonate horizon associated with a volcanic- sedimentary suite of rocks striking east-west. The sediments contained several narrow magnetite iron formation bands. These magnetite bands are expressed as a high magnetic anomaly on O.G.S. Map 80533 (1980). Further power stripping and trenching in the area of the discovery exposed an 8-13 metre wide buff and green fuchsitic carbonate horizon. This horizon has traced by stripping for a strike length of 360 mtres. Samples collected from stripping area S-l across a 13 metres wide green-buff carbonate zone returned consistent values of 0.01 to 0.02 oz gold per ton. Additional samples obtained from S-6 also returned one sample with 0.02 oz gold per ton. A magnetic and VLF-EM survey was conducted over a small grid cut by Mr. Vibert in the fall of 1990. This survey was done to trace out the green-buff fuchsitic carbonate horizon west of S-l. This report summarizes the work carried out by Mr. Vibert in 1990. Mr. Vibert engaged the author to oversee the direction of the program. LOCATION AND ACCESS The Property i s l ocated 25 km west of Upsala in the Lumby Lake Volcanic belt. The Property can be reached from Upsala via Highway 17 to the Firesteel-Graham Road intersection 16 km west of Upsala. Follow the Firesteel logging road westerly for 10 km, turning southward on another gravel road for 1 km. Next, turn right a few hundred feet south of a wooden bridge and follow an old bush road westerly for about 4.9 km to within 400 metres of the northeast corner of the Seine River Indian Reserve No.22-A2. A walking trail from here leads to the main showing. The Property is located at the east end of the Reserve and south of the Firesteel River. PROPERTY DESCRIPTION The Property consists of twenty-seven (27) claims numbered as follows: 1138985 and 1138986 2 1142043 to 1142047 5 1142223 to 1142231 9 1142432 to 1142441 10 1142824 TOTAL 27 claims The claims are located in the Thunder Bay Mining Division and are recorded in the Mining Recorder©s Office in Thunder Bay, Ontario. EXPLORATION HISTORY The only assessment work reported in the area is a diamond drill hole drilled by Canadian Nickel Co. in 1968-69. This hole is located approximately 530 metres north of the main showing and is reported on O.G.S. preliminary data series map P.2154. The hole intersected pyrrhotite, pyrite, magnetite and graphite mineralization in chlorite schist. The only other work performed in the area was by Noranda Exploration Company Ltd. in 1967, some 5 km west of the Property, Noranda carried out surface geophysical magnetometer and EM surveys and drilled three (3) holes. Mineralogy similar to that found by Canadian Nickel Co. was found in these holes, however, chalcopyrite was noted in all three drill holes. In 1990, the Chapman Group restaked a portion of the Noranda claims and carried out some stripping and trenching. A sample of the mineralized zones was shown at the O.G.S. geoscience seminar in Thunder Bay in February of 1990. This sample initiated the staking of the Vibert Property in the spring of 1990. Power stripping and trenching followed. The Property was visited by the author on two occasions in the spring of 1990. During the late spring or early summer of 1990, the governmoent resident geologist from Thunder Bay visited the Property. Several samples taken by the resident geologist returned favourable gold assays of 0.02 oz gold per ton over 13 metres. These values indicated favourable quantities of gold in this green fuchsitic carbonate horizon. In the fall of 1990, Mr. Vibert cut a small grid and a magnetometer and VLF-EM survey was done by Mr. Vibert and the author over most of this grid. The results of the mag survey indicate a potential continuation of the green fuchsitic carbonate horizon westward for another 500 metres from the main S-l horizon stripping area. The VLF-EM survey also detected some conductive zones in the same area. GEOLOGY The area is moderately to heavily covered with glacial silty sand outwash. One hole drilled by Canadian Nickel indicated 90 feet of overburden. The geology exposed by stripping at the main showing and further eastward, showed that the Property is underlain by Archean volcanic, sedimentary, intrusive felsic and ultramafic rocks. The following suites of rocks are found on the Property: Mafic Volcanic Rocks la tuff Ib pillowed and massive flows Ic chlorite schist Felsic Metavolcanic Rocks 2a sericite schist Sediments 3a magnetite iron formation 3b carbonate Felsic Intrusive 4a feldspar porphyry Ultramafic Intrusive dunite MAFIC VOLCANICS The main rock types around the green carbonate horizon consist of mafic tuffs which are c.arbonatized and chloritized. Pillowed and massive flows were observed east of the main Property, along the old bush road. PELS1C VOLCANIC ROCKS A few narrow bands of sericite schists which may be felsic tuffs, were observed at S-l. These tuff beds are intercalated with mafic tuffs and iron formations. SEDIMENTS Several narrow 1-5 foot wide bands of bedded iron formation were found at the main stripping area at S-l. These correspond to the magnetic highs on the mag map. FELSIC INTRUSIVES Feldspar porphyry was observed at S-l which appears to be narrow dykes intruded parallel to the bedding of the sediments and volcanic tuff beds. ULTRAMAFIC INTRUSIVES An outcrop of ultramafic intrusive rock was observed 1500 to 2000 feet southeast of the main showing. This rock is black, medium to coarse grained and contains disseminated pyrrhotite and magnetite mineralization. Very little work has been done on this rock type to date. GEOPHYSICAL SURVEYS MAGNETOMETER SURVEY A magnetic survey was carried out over 2.0 km of baseline and picket lines taking a total of eighty-nine (89) readings. The results are shown on Map-B. It appears that the green fuchsitic gold bearing carbonate horizon corresponds to magnetic readings varying between 700 and 1000 gammmas and extends westward from line 0+00 to line 16+OOW. The magnetic survey indicates a thickening of the carbonate horizon west of line 0+00 to over 50 metres in width on line 8+OOW and 12+OOW. Discontinuous magnetic highs continue westward from line 0+00 and probably correspond to extensions of the magnetite iron formation observed at S-l. This survey also indicates that there is more than one horizon of iron formation within the surveyed area. The magnetic survey also indicates possible folding of the iron formation. This folding was also observed within some green carbonate samples obtained from the trenching at S-6. VLF-EM SURVEY Weak to moderate strength conductive zones were encountered over the same surveyed area. These conductors are closely associated with the westerly projection of the green carbonate horizon from line 0+00. 10 CONCLUSIONS The green fuchsitic carbonate horizon has been proven to be gold bearing over a width of 13 metres at S-l. This gold bearing green carbonate horizon represents a major gold exploration target not previously recognized in this area. The green carbonatae horizon has been traced by stripping and gephysical survey over a strike length of 800 metres. The area has had little to no previous exploration history. The ultramafic intrusive discovered at the south end of the Property should be tested for its copper, nickel and platinum group metal. 11 RECOMMENDATIONS The Property definitely warrants further evaluation. This work should consist of line cutting, geophysical surveys, geological mapping, power stripping and trenching, to be followed by a second phase program of diamond drilling. PHASE I Line Cutting 30 km 9 $ 250.00/km $ 7,500.00 Geophysical Surveys Mag - 30 km 9 $ 110.00/km 3,300.00 EM - 28 km @ $110.00/km 3,080.00 Geological Mapping 30 days at $300.00/day 9,000.00 Power Stripping 20,000.00 Total $ 42,880.00 PHASE II Diamond Drilling 3000 feet 9 $ 25.00/ft. $ 75,000.00 Drill Supervision, Logging, Sampling, Asaying, Report 3000 feet @ $5.00/ft. 15,000.00 Total $ 90,000.00 TOTAL PHASE I and II $132,880.00 15% Contingencies (GST included) $ 19,932.00 TOTAL COST $152,812.00 R.A. Ber Consulti 23394 SWASTIKA LABORATORIES (A OMSION OF ASSAYERS CORPORATION UMTTED) P.O. BOX 10. SWASTIKA, ONTARIO POK 1TO TELEPHONE: (705) 642-3244 FAX (705) 642-3300 VENOUA SOLD TO ..Mr.R.