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Assessment Report On the RABBIT LAKE PROJECT Askin Township, Sudbury Mining Division, Ontario, Canada
Located Within: NTS Sheet 31L/13
Centered at Approximately: Latitude 46°56′55.9097″ North by Longitude 79°40′28.8343″ West
Report Prepared For: Quantum Cobalt Corp. 800-1199 West Hastings St. Vancouver, BC, Canada V6E 3T5
Report Prepared by: Longford Exploration Services Ltd. 1 460-688 West Hastings St Vancouver, BC, Canada V1B 1P1
Sarah Ryan, GIT Trent Potts, GIT 460-688 West Hastings St 460-688 West Hastings St Vancouver, BC, V1B 1P1 Vancouver, BC, V1B 1P1
EFFECTIVE DATE: November 14, 2018
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Table of Contents List of Tables ...... iii List of Figures ...... iv 1 Summary ...... 1 2 Introduction and Terms of Reference ...... 2 2.1 Issuer ...... 2 2.2 Terms of Reference ...... 2 2.3 Sources of Information ...... 2 2.4 Abbreviations and Units of Measurement ...... 3 3 Reliance on Other Experts ...... 5 4 Property Description and Location ...... 6 4.1 Location ...... 6 4.2 Mineral Titles ...... 6 4.3 Property Legal Status ...... 4 4.4 Mining Claims in Ontario ...... 4 4.5 Permitting ...... 4 5 Accessibility, Infrastructure and Climate ...... 5 5.1 Accessibility ...... 5 5.2 Climate ...... 5 5.3 Local Resources ...... 5 5.4 Infrastructure ...... 5 5.5 Topography and Vegetation ...... 5 6 History ...... 1 6.1 Historic Exploration ...... 1 7 Geological Setting and Mineralization ...... 1 7.1 Regional geology ...... 1 7.2 Regional Structure ...... 1 7.3 Property Geology ...... 1 7.3.1 Lithology ...... 2 7.4 Mineralization ...... 7 8 Deposit Types ...... 9 9 Exploration ...... 10 9.1 2017 Exploration Program ...... 10 9.1.1 Prospecting and Geological Mapping Program...... 10 9.1.2 Geological Mapping ...... 11 9.1.3 Rock and Soil Sampling ...... 11 9.2 Statement of Costs ...... 15 10 Sample Preparation, Analysis, and Security ...... 16 10.1 2017 Sampling Procedure ...... 16 10.2 Sampling Preparation and Analysis ...... 16
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11 Data Verification ...... 19 12 Other Relevant Data and Information ...... 20 13 Interpretation and Conclusions ...... 21 14 Recommendations ...... 24 14.1 Proposed Exploration Budget ...... 24 15 References ...... 25 APPENDIX A: 2017 Rock Sample Descriptions ...... 26 APPENDIX B: 2017 Soil Sample Descriptions ...... 27 APPENDIX C: 2017 Statement of Costs ...... 37 APPENDIX D: 2017 Assay Certificates ...... 38
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List of Tables Table 2.1 MNDM Assessment report files concerning the Rabbit Lake Property...... 2 Table 2.2 Abbreviations and Units of Measurement ...... 3 Table 4.1 Mineral tenure summary...... 1 Table 5.1 Driving distances to the Property...... 5 Table 6.1 Historic exploration program summary...... 1 Table 9.1: Structural measurements taken during the 2017 geological mapping program over the Rabbit Lake property...... 11 Table 9.2 Rock sample coordinates and assay results...... 11 Table 9.3: Soil sample coordinates and assay results...... 12 Table 9.4: Oct 2017 prospecting and sampling program expenditures...... 15 Table 10.1: Rabbit Lake rock and soil sample analysis methods...... 16 Table 13.1: Statistical table of Rabbit Lake Property rock assay results...... 21 Table 13.2: Statistical table of Rabbit Lake Property soil assay results...... 21
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List of Figures Figure 4.1: Rabbit Lake Property location map...... 6 Figure 4.2: Rabbit Lake Property claims map ...... 1 Figure 5.1: Rabbit Lake Property accessibility map...... 1 Figure 6.1: Rabbit Lake Property map of historical drilling...... 1 Figure 6.2: Rabbit Lake Property total magnetic field map...... 2 Figure 7.1: Rabbit Lake Property regional geology map...... 1 Figure 7.2: Rabbit Lake property geology map...... 1 Figure 7.3: Simplified stratigraphic column of the Temagami region (Cookenboo et al. 2003)...... 2 Figure 7.4: Simplified geology of the Cobalt Embayment area, illustrating the main zone of mineralization and mining camps (Andrew et al. 1986)...... 8 Figure 8.1: Schematic cross-section of relationship of veins to geological units at Cobalt-Gowganda district in Ontario, Canada (Kissin 1992)...... 9 Figure 10.1: 2017 Rabbit Lake rock and soil sample locations...... 17 Figure 10.2: 2017 rock sample locations and sample numbers...... 18 Figure 13.1: Rabbit Lake Property assay results for cobalt in soils (ppm)...... 22 Figure 13.2: Map of Rabbit Lake Property rock assay results (ppm)...... 23
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1 Summary The Rabbit Lake cobalt property is located 20 km southeast of the town of Temagami near the eastern border of Ontario. The Property consists of 66 mineral claims in the Sudbury Mining Division, totalling 1,452.66 hectares. The claims currently show in the online registry as being owned 100% by Quantum Cobalt Inc. The district is mining friendly having a rich history of cobalt and silver production. 67 km north of the property is Cobalt, Ontario. The epicenter of past producing cobalt mines in Ontario.
Exploration over the property has been sporadic since at least 1955 with minimal focus on cobalt mineralization in more recent years. In 2002 JML Resources flew airborne geophysics over several prospects in the area looking for diamondiferous kimberlites and partially covered the property. In 2005, Tres-Or Resources also carried out exploration for diamondiferous kimberlites. The property has never been systematically drill-tested.
In 2017, a work program was carried out by Longford Exploration Services Ltd. which consisted of prospecting, geological mapping and rock and soil sampling. Field mapping and prospecting activities on the Rabbit Lake property in 2017 confirmed weak cobalt mineralization on the property with highest values of 319.9 ppm Co and 55.7 ppm Co for rock and soil respectively returned near the Rabbit Lake showing. Based on observations made in the field and assay results for both rock and soils during the 2017 field program, no significant signs of cobalt mineralization have been identified.
An assessment credit of $27, 856.37 is to be applied to this property for work performed in 2017.
Due to low-grade samples and minimal signs of mineralization over the Rabbit Lake exploration area, no further work is recommended. However, if further work is to be carried out, a sampling program should be aimed at the Rabbit Lake Showing and continue along the entire length of the Nipissing Diabase intrusion. Targeting this area could potentially identify new areas of interest. The recommended exploration project should consist of a short six-day prospecting and soil sampling program at a cost of $29, 232.92.
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2 Introduction and Terms of Reference 2.1 Issuer The Issuer of this report is Quantum Cobalt Inc., with offices located at 800-1199 West Hastings St. Vancouver, British Columbia, Canada, and trades on the Canadian Securities Exchange (CSE) under the symbol QBOT. 2.2 Terms of Reference In October 2017 Longford Exploration Services Ltd. (Longford) was commissioned by the Issuer to conduct a prospecting program on the Rabbit Lake Property in southeast Ontario, Canada to assess the property’s prospectivity for cobalt mineralization.
This Report is intended to be read in its entirety 2.3 Sources of Information The author has used Ontario’s Ministry of Northern Development and Mines (MNDM) publicly available information resources found online at http://www.mci.mndm.gov.on.ca for historic property assessment reports and mineral tenure information as well as the Ontario Geological Survey’s digital publication database found online at http://www.geologyontario.mndm.gov.on.ca/ for regional geological data and mineral occurrence information. Climate information was obtained from Environment Canada, population and local information for the Project area was obtained from http://en.wikipedia.org/wiki/Temagami.
Assessment reports found in the MNDM database with information pertaining to the project can be summarized as follows:
Table 2.1 MNDM Assessment report files concerning the Rabbit Lake Property.
Report Date Report ID Operator Title Available Not 1955 CO-0014 J. Sutherland Not Available available Not 1957 CO-0015 F. Thompson Not Available available JML Airborne Magnetometer Survey for JML 2002 31M04SE2012 Resources Resources Ltd., Blocks 25, 26, & 27, Marten Available Ltd. River Area, Ontario Contiguous Claims Angus, Burnaby, Cassels, Tres-Or Eldridge, Kenny, Gladman, Gooderham, Not 2003 31M03SW2007 Resources Hammell, Sisk, Riddell, South Lorrain, Olive, available Ltd. McLaren, Lasalle, Hebert, Hartle, Askin, Flett, Law, Osborn, and Mine Townships
A detailed list of references accompanies this Report in section 15.
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2.4 Abbreviations and Units of Measurement Metric units are used throughout this report and all dollar amounts are reported in Canadian Dollars (CAD$) unless otherwise stated. Coordinates within this report use EPSG 26909 NAD83 UTM Zone 9N unless otherwise stated. The following is a list of abbreviations which may be used in this report:
Table 2.2 Abbreviations and Units of Measurement
Abbreviation Description Abbreviation Description % percent li limonite AA atomic absorption m metre
Ag silver m2 square metre
AMSL above mean sea level m3 cubic metre As arsenic Ma million years ago Au gold mg magnetite AuEq gold equivalent grade mm millimetre Az azimuth mm2 square millimetre b.y. billion years mm3 cubic millimetre CAD$ Canadian dollar mn pyrolusite Canadian Securities CSE Mo Molybdenum Exchange cl chlorite Moz million troy ounces cm centimetre ms sericite cm2 square centimetre Mt million tonnes cm3 cubic centimetre mu muscovite cc chalcocite m.y. million years cp chalcopyrite NAD North American Datum Co cobalt NI 43-101 National Instrument 43-101 Cu copper opt ounces per short ton cy clay oz troy ounce (31.1035 grams) °C degree Celsius Pb lead °F degree Fahrenheit pf plagioclase DDH diamond drill hole ppb parts per billion ep epidote ppm parts per million ft feet py pyrite ft2 square feet QA Quality Assurance ft3 cubic feet QC Quality Control g gram qz quartz gl galena RC reverse circulation drilling go goethite RQD rock quality description Global Positioning GPS sb antimony System System for Electronic Document Analysis gpt grams per tonne Sedar and Retrieval ha hectare SG specific gravity hg mercury sp sphalerite hm hematite st short ton (2,000 pounds)
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Abbreviation Description Abbreviation Description ICP induced coupled plasma t tonne (1,000 kg or 2,204.6 lbs) kf potassic feldspar to tourmaline kg kilogram um micron km kilometre US$ United States dollar km2 square kilometre Zn zinc l litre
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3 Reliance on Other Experts The author has relied on data obtained from the Ontario Provincial Government as sources for information relating to mineral titles, filing dates and the respective annual fees and penalties required to maintain the respective titles. This information is used in sections 4.2 and 4.4.
On October 24, 2018, the author confirmed the status of the subject mineral tenures with information available from the Ministry of Northern Development and Mines (MNDM), Ontario’s mining claim registry, online at (http://www.mci.mndm.gov.on.ca).
The author has relied on public data in the form of assessment reports, mineral inventories, and Ontario Geologic Survey reports obtained from the Ontario Provincial Government as sources of information on historic production and exploration programs and their findings. This information is used in sections 6 and 7.
Neither Longford nor the author of this report are experts in legal matters, such as the assessment of the legal validity of mining claims, mineral rights, and property agreements. Neither are qualified to provide extensive comment on legal issues, including status of tenure associated with the Rabbit Lake Project referred to in this report. A description of the property and ownership is provided for general information purposes only.
The author did not conduct any detailed investigations of the environmental or social-economic issues associated with the Project, and the author is not an expert with respect to these issues. The author has relied on the Issuer to provide full information concerning the legal status of mineral tenures, material terms of all agreements, and material environmental and permitting information that pertain to the Property.
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4 Property Description and Location 4.1 Location The Rabbit Lake cobalt property (Figure 4.1) is located 20 km southeast of the town of Temagami near the eastern border of Ontario. The district is mining friendly having a rich history of cobalt and silver production. 55km north of the property is Cobalt, Ontario. The epicenter of past producing cobalt mines in Ontario.
Figure 4.1: Rabbit Lake Property location map.
4.2 Mineral Titles The Property consists of 66 mineral claims (Figure 4.2) located in the Sudbury Mining Division totalling 1,452.66 hectares. The claims currently show in the online registry as being owned 100% by Quantum Cobalt Inc. (Table 4.1).
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Figure 4.2: Rabbit Lake Property claims map Longford Exploration Services Ltd. Page 1 of 67
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Table 4.1 Mineral tenure summary.
Claim Area Issue Anniversary Township Owner Number (ha) Date Date (10000482) Quantum Cobalt 336670 Askin 22.01 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 336669 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 336139 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 324290 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 295108 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 295107 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 295106 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 293039 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 293038 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 285738 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 285737 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 257715 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 257714 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 257696 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 228503 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 228502 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 228501 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 227134 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 226423 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 226422 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 225736 4/9/2018 4/9/2019 Corp.
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Claim Area Issue Anniversary Township Owner Number (ha) Date Date Askin (10000482) Quantum Cobalt 22.01 225735 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 208245 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 206914 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 206912 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 206387 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 189232 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 189231 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 188523 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 188522 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 183096 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 182386 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 174571 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 174569 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 174548 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 173153 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 173152 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 172323 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 172322 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 172319 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 172318 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 170975 4/9/2018 3/5/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 155672 4/9/2018 4/9/2019 Corp. Longford Exploration Services Ltd. Page 2 of 67
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Claim Area Issue Anniversary Township Owner Number (ha) Date Date Askin (10000482) Quantum Cobalt 22.01 155671 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 155651 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 154335 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 153638 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 153637 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 153636 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 152967 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 127724 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 127723 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 127722 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 126373 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 126372 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 125154 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 118312 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 118310 4/9/2018 3/5/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 117494 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 117493 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 103007 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 103006 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 103005 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 103004 4/9/2018 4/9/2019 Corp. Askin (10000482) Quantum Cobalt 22.01 103001 4/9/2018 4/9/2019 Corp. Longford Exploration Services Ltd. Page 3 of 67
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Claim Area Issue Anniversary Township Owner Number (ha) Date Date Askin (10000482) Quantum Cobalt 22.01 102194 4/9/2018 4/9/2019 Corp.
4.3 Property Legal Status The Ontario Mining Lands website (https://www.mci.mndm.gov.on.ca) confirms that all claims of the Property as described in Table 4.1 were in good standing at the date of this report and that no legal encumbrances were registered with the Ministry of Northern Development and Mines against the titles at that date. The author makes no assertion with regard to the legal status of the property. The property has not been legally surveyed to date and no requirement to do so has existed.
There are no other royalties, back-in rights, environmental liabilities, or other known risks to undertake exploration. 4.4 Mining Claims in Ontario The holder of an Ontario Prospector’s License may prospect or stake a mining claim on crown land, or private property where the crown has mineral rights that is open for staking.
Mining claims in Ontario transitioned to online staking using a map designation system in April of 2018. All active, unpatented claims were converted from their legally defined location by post location to a cell- based grid. Mining claims are now legally defined by their cell position on the MLAS Map Viewer grid coordinates. Mining claim staking and registration is now completed online using the MLAS system and paying a $50 registration fee per cell. Up to 50 single-cell claims may be registered at one time provided that each cell claim being registered shares at least one boundary with the cell of another cell claim being registered. Multi-cell claims must be registered separately and may consist of a maximum of 25 cell units, of which each cell must share a least on cell boundary with another cell in the claim.
The government of Ontario requires expenditures of $400 per year per cell claim and $200 per boundary cell claim unit prior to expiry to keep the claims in good standing for the following year. The assessment report must be submitted by the expiry date using the online MLAS system.
The holder of a mining claim may obtain a mining lease for that claim though surface rights provisions under the Ontario Mining Act control the activity as work progresses. Surface rights may be sold or granted to a mining operation if they are necessary to carry out mining operations. 4.5 Permitting The Ontario Mining Act requires an Exploration Permit or Plans for exploration on Crown Lands. The permit and plans are obtained from the MNDM. The processing periods are 50 days for a permit and 30 days for a plan while the documents are reviewed by MNDM and presented to the Aboriginal communities whose traditional lands will be impacted by the work. Quantum Cobalt does not have any permits or applications in place at the time of writing.
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5 Accessibility, Infrastructure and Climate 5.1 Accessibility The Property is accessible (Figure 5.1) via Rabbit Lake which is accessed by 7 km of well-maintained gravel surface road leaving highway 11, 20 km south of the town of Temagami. The property is located 10 km from rail and 5 km from power distribution lines.
Road distances from the property to select cities and ports are summarized in the following table:
Table 5.1 Driving distances to the Property.
Location Description Road Distance Cobalt (pop. 1, 118) Nearest city with services 67.0 km North Bay (pop. 51, 553) Mining service center 78.5 km Ottawa (pop. 934, 240) Nearest international airport 436 km Thunder Bay (pop. 110,000) Port, mining service center 1023 km
5.2 Climate There is a local weather observation station located nearby in North Bay. The project area has a humid continental climate typical of the Canadian Shield region with cold, dry winters (34 days below -20°C, 273 cm snowfall). Summers are typically warm with highs of 35°C in July. Average annual rainfall is 775 mm with September being the wettest month and February the driest. 5.3 Local Resources General and skilled labour is readily available in the City of North Bay (population 51,553). The city, 37.3 km by road from the project area, offers year-round charter and schedule fixed wing service (to Thunder Bay), Ontario Provincial Police detachment, hospital, ambulance, fuel, lodging, restaurants, and equipment. 3G cellular service covers higher elevation portions of the project area. The Territorial Planning Unit of Grand Council Treaty #3 (GCT3) is also located in Kenora. 5.4 Infrastructure The Lower Notch Generating Station is located near the project area, just south of Silver Center. This station operates a 274 MW capacity transmission line which carries power to eastern areas of Ontario and western areas of Quebec. This station is located 9.7 km south of Silver Centre, Ontario. 5.5 Topography and Vegetation The project area is located near the Temagami-Marten River area in eastern Ontario. This area’s topography is characterized by rolling hills ranging in elevation from 350-450 m and are interspersed with lakes and swampy lowlands. Forested areas consist of both hardwoods and conifers.
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Figure 5.1: Rabbit Lake Property accessibility map. Longford Exploration Services Ltd. Page 1 of 67
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6 History 6.1 Historic Exploration Exploration over the property (Figure 6.1) has been sporadic since at least 1955 with minimal focus on cobalt mineralization in more recent years. In 2002 JML Resources flew airborne geophysics (Figure 6.2) over several prospects in the area looking for diamondiferous kimberlites and partially covered the property. Tres-Or Resources in 2005 was also exploring the area for diamondiferous kimberlites.
Table 6.1 Historic exploration program summary.
Year Operator Summary of Notable Work Preformed 1955 J. Sutherland Exploitation of Co occurrence 1957 F. Thompson Exploitation of Co occurrence 2002 JML Resources Ltd. Airborne geophysics (partially cover the property) 2005 Tres-Or Resources Exploration for diamondiferous kimberlites *This information is from Mineral Deposit Inventory for Ontario (MDI31L13NE00004)
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Figure 6.1: Rabbit Lake Property map of historical drilling. Longford Exploration Services Ltd. Page 1 of 67
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Figure 6.2: Rabbit Lake Property total magnetic field map. Longford Exploration Services Ltd. Page 2 of 67
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7 Geological Setting and Mineralization 7.1 Regional geology The Askin Township is located in the Archean Superior Structural Province and extends into the Southern Province. The Superior Province is the largest Archean craton within the continent of North America and consists of quartz monzonite, quartz diorite, and metamorphosed tonalite (Cookenboo et al. 2003). The last major deformational event to affect this craton occurred during the Kenoran Orogen which took place more than 2.70 Ga (Cookenboo et al. 2003). The Paleoproterozoic Southern Province is comprised of the Huronian Supergroup, located within a folded belt that has been thrust northward to rest upon the Archean craton (Cookenboo et al. 2003). There are four main groups of rocks in this area: Archean basement rocks, flat lying Cobalt Group Sedimentary rocks, diabase sheets or sills and dykes, and meta- sediments (Figure 7.1).
The Temagami area was previously covered by the Laurentide Ice-Sheet, a continental-style glacier, which advanced across the area between 80,000 and 100,000 years ago (Cookenboo et al. 2003). The dominant ice-flow direction in eastern Ontario is towards the southwest and is responsible for many of the landforms that occur in the area (Cookenboo et al. 2003).
The Archean basement rocks consist of steeply dipping (Andrews et al. 1987) faulted and folded meta- volcanics and associated mafic intrusions all of which have been intruded by granitic rocks (McIlwaine 1970). Unconformably overlying the bedrock is the Cobalt Group, a sub-horizontal sedimentary group comprised of the Coleman, Firstbrook, and Lorrain formations. These sediments range from coarse to fine- grained and have variable depth-to-basement, as measured form the surface, likely due to highly irregular basement topography (Andrews et al. 1987).
Intruding all older rock units are the sills and steeply dipping dykes and plugs of the Nipissing Diabase, which have an overall composition of olivine tholeiite (Andrews et al. 1987) and includes gabbros, minor ultramafic rocks, and their green schist facie equivalents (Cookenboo et al. 2003). Regionally they form a basin or dome-like structures called the South Lorrain “diabase dome”. These intrusions are thought to be critical factors associated with the silver-cobalt mineralization in the area (McIlwaine 1970). The sills are horizontal to gently dipping and maintain a fairly uniform thickness of 300-335 m (Andrews et al. 1987) and <500 m wide (Cookenboo et al. 2003). Overlying this unit is a small belt of meta-sediments of unknown age, which are characterized by open folds. To the south of this belt are the paragneisses of the Grenville Province with overlying glacial deposits of variable thicknesses. (McIlwaine 1970).
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Figure 7.1: Rabbit Lake Property regional geology map. Longford Exploration Services Ltd. Page 1 of 67
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7.2 Regional Structure The region’s major structural feature the Grenville Front boundary fault which strikes to the east- northeast and divides the Superior Province to the north from the Parautochthonous rocks to the south (Cookenboo et al. 2003). The Temiskaming structural zone is characterized by a multitude of northwest trending faults; sub-parallel to these are faults which cut through the Askin township (Cookenboo et al. 2003). 7.3 Property Geology The Rabbit Lake property overlies the Nipissing diabase sill rocks which outcrop on the Temiskaming lakeshore. A basin-structure is formed by these intrusive rocks and exhibits an east-west trending axis. Underlying this unit is the Cobalt Group sedimentary suite of greywackes and conglomerates of Huronian age which pinch out between the overlying diabase and the underlying Keewatin lava complex (Woolham 1966). Intruding into the Keewatin lava complex are pre-Huronian age lamprophyre dykes and Algoman granites (Woolham 1966).
The Rabbit lake property itself has numerous north-easterly trending faults which cut across the property, some of which are crosscut by north-westly trending faults.
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Figure 7.2: Rabbit Lake property geology map. Longford Exploration Services Ltd. Page 1 of 67
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7.3.1 Lithology The lithological units of the project area as well as their respective descriptions have been summarized after McIlwaine (1970) below (Table 7.1).
Figure 7.3: Simplified stratigraphic column of the Temagami region (Cookenboo et al. 2003).
Cobalt Group: Proterozoic Huronian Sediments (after McIlwaine 1970)
“A long period of erosion followed the igneous activity of the Archean Era. During this time the Archean topography was greatly modified resulting in a series of basins and corresponding highlands. The Huronian sediments were deposited in the basin areas with the adjacent highlands providing the detrital material.
As originally defined the Cobalt Series (Group) was made up of the Gowganda and Lorrain Formations and upper members (Collins 1917). Thomson (1957, p. 40) modified this classification by introducing the Firstbrook and Coleman Formations which together are the former Gowganda Formation (see Table 3). The present author is employing the names introduced by Thomson (1957). This threefold division was first recognized by Barlow (1899, p. 45 and p. 90 to 104) and further recognized by Miller (1910), and Todd (1925) but it was not until 1957 that a formal nomenclature was introduced (Thomson 1957).
Nearly flat-lying beds of all three formations are found extensively in South Lorrain Township. The contact with the underlying basement is unconformable.”
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Coleman Formation (after McIlwaine 1970)
“In the nomenclature of Thomson (1957) the Coleman Formation is the lower part of the Gowganda Formation, and is named after Coleman Township, in which the Town of Cobalt is located.
In South Lorrain Township the Coleman Formation occupies most of the eastern half of the map-area. Its estimated maximum thickness is approximately 1,000 feet. More detailed information on the thickness is supplied by diamond-drill cores and underground work; most of this data is from within the diabase dome. Unless otherwise credited all information on drilling is from the files at the Resident Geologist's office of Cobalt, now at Kirkland Lake. A drill hole on claim T34065 southwest of Maidens Lake indicated a vertical thickness of 200 feet, and four holes on T34063 and T34064, nearby, gave thicknesses ranging from 180 to 270 feet. These holes were put down by E. B. E. de Camps in 1949 and 1954. Farther to the northeast a long hole collared near the south shore of Maidens Lake (claim T44062) indicated a vertical thickness of 780 feet, and another hole on the northeast side of the lake gave only 490 feet. Another drill hole southeast of Maidens Lake went through 350 feet of Coleman Formation; the shaft to the east on claim T19297 is reported to have gone through approximately 400 feet of sedimentary rocks before reaching the basement. These and other data (the drill hole data is from assessment files and the drill holes were not found by the author) suggest an irregular basement topography, on which the Coleman Formation was deposited, with the suggestion of a local trough trending east-northeast subparallel to the flanks of the diabase "dome". The only information on thickness outside the diabase "dome" is from a drill hole (not found by author) just north of the north boundary of HR18, northwest of Maidens Lake. Here the thickness was found to be 460 feet. Drilling to the southeast of Maidens Lake by Mining Corporation of Canada (1964) Limited indicated the thickness on their property to be about 100 feet, but this did not represent total thickness. South of the diabase "dome" the author has no information from drilling but using bedding attitudes and topography the author considers that it is in this area that the Coleman Formation reaches its estimated maximum thickness of approximately 1,000 feet. Locally the contact of the Coleman Formation rocks with the Archean basement is irregular, but on a regional basis the outcrops of the formation in South Lorrain Township represent the eastern portion of a northeasterly-trending basin. This basin starts in Riddell Township, to the southwest, and continues northeast through Sunrise Lake (Riddell Township) through South Lorrain Township to Windy Lake and continues north. The outline of this basin is evident on various maps (see Todd 1925, map; Thomson and Savage 1965). The lack of deformation in the Coleman Formation rocks, except in the vicinity of faults, would indicate that this basin structure is owing more to basement topography than to post-depositional folding. The rocks of the Coleman Formation are a heterogeneous mixture of greywacke and quartzose siltstone, arkose, argillite, and conglomerate. The quartzose siltstone and greywacke are fine-grained greenish grey rocks consisting of sub-rounded to sub angular grains of quartz, feldspar, and rock fragments in a matrix of chlorite, mica, and silica; minor pebbles may be seen. The arkose is generally brown to pink in colour and slightly more coarse-grained than the quartzose siltstone and greywacke. Conglomerate pebbles, cobbles, and rare boulders (Photos 2 and 3) are generally pink granitic rocks with minor white granite, "greenstone", and diabase. They are generally subangular to sub-rounded and on the average range up to 6 to 8 inches in diameter.
No definite separation of the rock types was possible in mapping owing to their heterogeneous nature. At the top of the formation conglomerate dominates, as evidenced along the east shore of the Matabitchuan
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River, and to a lesser degree to the north. The beds are generally close to flat-lying, except in the area of faults where they dip steeply. The rocks are schistose close to the Northeast Copper Lake Fault on the north shore of Cooper Lake. Todd (1925) considered these schistose rocks to be Archean, but the author believes they are sheared rocks of the Coleman Formation. The bottom contact of the Coleman Formation is an unconformity, as shown by the nearly vertical dips of the underlying volcanic rocks and flat dips of the overlying sedimentary rocks. The granite forms the basement rock in the southeast
Previous workers have attributed a glacial origin to the Coleman Formation.
Firstbrook Formation (after McIlwaine 1970)
“The Firstbrook Formation was first described by Thomson (1957, p. 41-42) as being the upper part of the Gowganda Formation of Collins (1917). The type locality of the Firstbrook Formation is located in Firstbrook Township, 15 miles northwest of the map-area.
In South Lorrain Township the main area of exposure is a belt, roughly 1/4 to 1/2-mile-wide, striking north for almost the full length of the township, and offset by several faults. The best exposures are on the west shore of Fourbass Lake in central South Lorrain Township, and about 1/2 mile west of Highway 567 in the northern part of the township. A smaller area of outcrop is found north of the Upper Notch power station in northwest South Lorrain Township; to the south there are several out crops, in a north-south belt, that strongly resemble the Firstbrook Formation. The rocks designated Firstbrook Formation just west of Maidens Lake are considered to have been part of the main belt to the west prior to the intrusion of diabase.
The estimated thickness in the main belt varies from 500 to 700 feet, which is less than the 950 feet described by Thomson (1957, p. 41) for the type locality. The Firstbrook Formation is part of the same regional basin described in the section on the Coleman Formation.
The formation consists of laminated or varved, very fine-grained argillite, with alternating greyish red or greyish brown and greyish green layers, and quartzite. The varves are usually more easily seen on the weathered surface of the outcrop. The argillite is composed mainly of sub-rounded quartz grains, with minor feldspar, set in a chloritic matrix with minor sericite. There are also small amounts of opaque minerals. The quartzite is grey, well bedded and harder than the argillite. It is also fine-grained.
The beds are gently dipping, for the most part, with a maximum dip of 30 degrees, and average dip of 10 to 15 degrees.
No contacts were observed with the underlying Coleman Formation but the contact with the Lorrain Formation appears gradational. Lorrain Formation rocks are more rounded in weathered outcrops than Firstbrook Formation rocks owing to the better-defined bedding in the latter.
Thomson (1966, p. 15-16) has suggested that the laminations or varves are due to seasonal deposition in a lake, possibly of glacial origin.”
Lorrain Formation (after McIlwaine 1970)
“The Lorrain Formation was first named by Miller (1910, p. 75) because the type section was found in Lorrain Township. It is the youngest formation of the Cobalt Group in South Lorrain Township.
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The Lorrain Formation is the most extensive rock type in the map-area; it covers almost all of the area west of the Montreal and Matabitchuan Rivers, plus several square miles east of the Montreal River in the northern part of the township. The thickness of the formation is estimated to be from O to 1,200 feet. No confirming data is available from drilling.
The main rock types are flat-lying grey feldspathic quartzite, pale green quartzite, and pink arkose. The green quartzite locally grades to white ortho-quartzite. These rocks are fine-grained with lenses of medium- to coarse-grained material, and the occasional quartz-pebble lens. Close to the contacts of diabase dikes the rocks are red owing to the oxidation of ferrous iron to ferric iron. The grains of quartz, the most abundant mineral, are generally rounded; the feldspar grains have been altered; and the matrix is fine-grained silica with minor chlorite.
Beds are massive in the Lorrain Formation and data on bedding is difficult to find. Where bedding planes are found they have a gentle dip, the maximum angle being about 25 degrees. Slickensides were found in several of the shear faces of exposures in the area west of the Montreal River, suggesting deformation by faulting.
No contacts were observed with the underlying formations, but the contacts are assumed to be gradational. A small outcrop north of the Maidens Bay road is a coarse-grained arkose, with feldspar grains up to a quarter inch; this arkose grades imperceptibly into the underlying granite. The width of the zone of gradation cannot be determined owing to the amount of overburden.
The Lorrain Formation appears to be a shallow water deposit derived from a granitic terrain.”
Nipissing Diabase (after McIlwaine 1970)
“Intrusive into all older rocks is a massive unaltered mafic rock named the Nipissing Diabase by Miller (1910).
In South Lorrain Township the diabase is considered by the writer to be all one sheet, with numerous rolls, both major and minor. Local rolls around the mines are shown in Figure 2 (Chart A, back pocket). In the eastern part of the township the diabase is in the form of a dome, with the central part removed by erosion. The axis of this dome strikes north-northeast, and it is interesting to note the sub-parallelism of this axis to the margin of the basin of deposition of the Cobalt Group sedimentary rocks. The south flank of the dome dips steeply southeast, and the northwest and wider flank dips approximately 30 degrees west. The north contact of the northwest flank dips to the south and thus forms a minor basin within the dome. In the western part of the township a diabase dike, 1/4 mile-wide, strikes northeast and widens out to almost 3 miles forming a northerly plunging basin structure. Between the dome and this basin another larger lapolith-like basin is postulated, with a possible feeder below. It is suggested that the dike is the surface expression of this feeder. This western basin is connected to the eastern dome as shown on Map-2194 (back pocket) by the continuity of the diabase 1/4 mile south of Hermit Lake.
In hand specimen the diabase is a typical grey to black, fine- to medium-grained, fresh to slightly altered rock. There are areas of coarse-grained diabase that contain minor amounts of pink feldspar. Varied texture is apparent in certain exposures; a good example is the roadside outcrop approximately l mile southeast of the Upper Notch power station. No detailed petrographic study of the diabase was under taken. Such studies have been made in the Cobalt area by Hriskevich (1952); Satterly (1928) described the diabase in South Lorrain Township. Microscopic examination of a few thin sections shows it to be mainly Longford Exploration Services Ltd. Page 5 of 67
Rabbit Lake Project Assessment Report 2 0 1 8 - 14- 11 a quartz diabase with lath-shaped plagioclase crystals of labradorite composition in a pyroxene groundmass. The quartz is present mainly as micrographic intergrowths with the plagioclase. Minor amounts of opaque oxides, biotite, epidote, and chlorite are also present.
Much of the data on the thickness of the sill are from the area of the main mines; other figures given are mostly inferred. Information from the mines shows the diabase to be from 900 to 1,000 feet thick, with local variations. This figure represents the complete sill where it has been protected from erosion. Areas to the east have been exposed to erosion and the thickness of the sill is less than 900 feet. A drill hole on the north peninsula in Maidens Lake penetrated 95 vertical feet of diabase before encountering the underlying Coleman Formation. Approximately 400 feet south of the north boundary of T29490, east of Maidens Lake, a thickness of 130 feet was found, and on the boundary 200 feet of diabase were intersected. Near the adit on HR63, on the shore of Lake Timiskaming, drilling indicates a thickness of 175 feet and farther to the south, 50 feet. With these data, and taking topography into consideration, a maximum thickness of nearly 500 feet is inferred. The diabase northeast of Maidens Lake is the northern flank of the South Lorrain diabase dome and is considered to be a basin in itself.
A K-Ar age determination on the diabase near Cobalt gave a result of 2,095 million years (Lowden et al. 1963, p. 92). Previous geological maps of South Lorrain Township (Knight 1922, map; Todd 1925, map) have indicated the Nipissing Diabase to be Keweenawan in age, but the diabase must now be considered as pre-Keweenawan.”
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7.4 Mineralization The Rabbit Lake Property area is located 67 km south of the historic Cobalt silver mine which includes historically significant Keeley-Frontier, Haileybury, and Bellellen mines. This mine is located in the eastern portion of the Cobalt Embayment (Figure 7.2) and is characterized by Archean metavolcanics and metasedimentary rocks which are unconformably overlain by Proterozoic rocks of the Huronian Supergroup. The Archean and Proterozoic rocks have been intruded by Nipissing Diabase sills on a regional scale, and its distribution may be structurally influenced by faults. A significant regional southeast trending fault system is located within the area and consists of the Montreal River, Cross Lake, and Timiskaming faults. This fault system is believed to be related to mineralization as most of the Ag-Co occurrences in the Cobalt Embayment are concentrated between Cross Lake and Montreal River faults (Faure et al. 2018).
The Rabbit Lake Property has a similar style of mineralization to the Cobalt Silver Mines, which is related to the Nipissing Diabase intrusion and is fault controlled. The typical style of mineralization is consistent with the Five-Element (Co-Ni-As-Ag-Bi) vein assemblage. It has been suggested that the origin and mechanism driving this style of mineralization is related to one of the following: (1) metal-rich aqueous fluids originating from late stage differentiation of the diabase sills and or the parent magma at depth; (2) convectively circulating fluids mobilized from the country rocks during cooling of the diabase intrusive complex; or (3) hydrothermal fluids originating from an unidentified external source unrelated to the diabase contact areas simply acted as a mechanically favourable host environment during regional faulting (Andrews et al. 1986).
Mineralization in the area appears to occur adjacent to or within mafic intrusions. Cobalt, gold and nickel mineralization within the property occurs in an 18-inch wide fracture zone in diabase as Co-Fe-Ni Arsenide and chalcopyrite. A grab sample collected by A.G. Burrows returned an assay of 8.76 % Cobalt, 6.56 % Nickel and 8.8 g/t Gold.
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Figure 7.4: Simplified geology of the Cobalt Embayment area, illustrating the main zone of mineralization and mining camps (Andrew et al. 1986). Longford Exploration Services Ltd. Page 8 of 67
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8 Deposit Types The principal deposit type outlined to-date on the Rabbit Lake Property is that of a Five-Element (Co-Ni- As-Ag-Bi) Vein style of deposit. The host rocks for this style of deposit can vary wildly however, there are some characteristics common among some. In a broad sense, host rocks may be characterized as crystalline or sedimentary, usually with little or no interbedded volcanics.
There are several features of host rocks which are important in controlling localization of ore, namely: diabase sills, sulphide-rich strata in crystalline rocks, carbonaceous shales and sulphide-rich meta-volcanic rocks (Kissin 1992). Sedimentary host rocks are present at Thunder Bay and Cobalt-Gowganda district (Figure 8.1) where some deposits are wholly located within the Nipissing Diabase sills which cut across Archean basement, some are located in the shale-rich areas of the Coleman Formation, and others within the Coleman Formation but below the Nipissing Diabase (Kissin 1992). These types of deposits generally occur continentally in areas of rifting or extension and it is believed that they formed between the early Proterozoic to the Tertiary as no older deposits are known (Kissin 1992). These deposits appear to have some association with mild propylitic alteration followed by phases of distinct vein assemblages which are deposited by open-space filling (Kissin 1992). This recurrent mineral sequence is visible in most deposits and is summarized as Stage 1: early barren stage, Stage 2: Uraninite stage, Stage 3: Ni-Co arsenide-silver stage, Stage 4: sulphide stage, and Stage 5: late stage. These five stages represent the complete idealized paragenesis sequence, however one or more stages may be absent in any given deposit (Kissin 1992). The genesis style of deposit is difficult to ascertain as the mechanism responsible for its origin may vary from deposit to deposit. Various theories have been proposed and include: hydrothermal/magmatic model, hydrothermal/metamorphic model, syngenetic model, and the non-magmatic model. The most plausible and widely applicable model theory is the non-magmatic model whereby the driving mechanism is continental rifting and the solution is mobilized formational waters, however this model may not fit very deposit style (Kissin 1992).
Figure 8.1: Schematic cross-section of relationship of veins to geological units at Cobalt-Gowganda district in Ontario, Canada (Kissin 1992).
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9 Exploration 9.1 2017 Exploration Program At the request of Quantum Cobalt Corp., Longford Exploration Services Ltd. mobilized a field crew consisting of Graham Davidson and Trent Potts from Vancouver, BC on Oct 5th, 2017. The field program ran from Oct 7th to Oct 13th, 2017 and consisted of geologic mapping, prospecting and rock and soil sampling. Report writing was completed on Nov 7st, 2018. 9.1.1 Prospecting and Geological Mapping Program A short prospecting, geological mapping and sampling program was carried out from Oct 7th to Oct 14th, 2017 over the majority of the Diabase on the property. Graham Davidson and Trent Potts carried out the program and collected a total of 29 rock samples and 126 soil samples which are further described in Appendix A and B. Mapping (Table 9.1) was focused on locating and obtaining orientation data from veins and shear zones, mineralogy, lithology and sense-of-shear indicators while describing alteration and mineralization characteristics. Sample locations are given in Table 9.2 and Table 9.3 below.
It was established that the Diabase was not as continuous as mapped (especially in the northern section of the claim), with NE striking interbedded units (roughly 100m thick) between the diabase and Gowganda formation. Interbedded units create pathways for fluid flow, increasing the likelihood of traps and mineralization. This program identified zones of interest for follow-up soil geochemistry.
The primary area of interest was the Diabase towards the north of the property. The area is known to contain mineralization through the mineral showing as well as faulting and numerous contacts between the Nipissing Diabase and the Gowganda Formation. On the shoreline close to the marked showing, sheared diabase outcrops showing slickensides, Fe/ Mn mineralization along a fracture and disseminated sulphides (apy, py, cpy). Therefore, a 25m x 200m grid soil geochemistry program was conducted for a total of 104 samples. Additional to this, two zones of high interest were identified through prospecting which received 10m spaced soils for 22 extra samples.
Centered around E600854 N5200334, there is a faulted contact mapped between the Diabase and the Lorrain Formation. This is approximately 850m along strike south of the showing. The two formations can be seen outcropping on their respective sides, but due to the low relief the contact is undercover. This area received 10m spaced samples. Additionally, the area centered on E600330 N5200118 contained a ‘gully’ of low relief (and undercover) bound by two different diabase’s. The eastern Diabase was altered and ‘baked’ whilst both contained numerous sulphides. The site was considered perspective for parallel mineralizing structures and received 10m spaced samples.
Elsewhere on the property there was abundant outcropping Diabase where mapped (namely the E and SW). Samples were taken but the areas appeared to be relatively barren of structures, fluids or mineralization.
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9.1.2 Geological Mapping Table 9.1: Structural measurements taken during the 2017 geological mapping program over the Rabbit Lake property.
Sample Easting Northing Lithology Structure Strike Dip Description No. Light grey with white- E5471134 601176 5200799 siltstone bedding 28 36 pink quartz carbonate vein in siltstone. Green, mafic volcanic rock with 2-5% E5471143 600316 5200121 diabase fracture 8 70 disseminated po+py, trace cpy Green-black, traces of fine disseminated E5471146 601060 5201119 diabase slickensides 38 62 patchy sulphides in diabase. Oxidised vugs with grey sulphides Green-black, sheared sub (slickenfibers) diabase E5471152 601069 5201118 diabase fault 12 vert with sulphides and Fe/ Mn staining Grey-black, diabase in diabase/ contact with pebble E5471154 601711 5199435 sandstone contact 69 46 greywacke, 5mm wide contact qtz vein at contact
9.1.3 Rock and Soil Sampling A total of 29 Rock samples and 126 soil samples were collected and were submitted for analysis (Table 9.1 and 9.2) at Bureau Veritas in Vancouver, BC. Multiple methods were performed on the samples as detailed in Appendix D.
Table 9.2 Rock sample coordinates and assay results.
Sample No. Easting Northing NAD83 Zone Co (ppm) Ni (ppm) Cu (ppm) Ag (ppm) E5471126 601048 5201147 17N 29.2 48.7 177.4 0.1 E5471127 601034 5201159 17N 17.8 36.2 51.7 0.1 E5471128 601056 5201191 17N 15 42.9 25 0.05 E5471129 601071 5201154 17N 13.2 31.8 27.4 0.05 E5471130 600903 5200984 17N 9.1 30.1 125.1 0.1 E5471131 600892 5200974 17N 8.2 28.9 20.6 0.05 E5471132 600822 5200643 17N 7.3 17.5 12.6 0.05 E5471133 601119 5200854 17N 6.7 12.9 3 0.05 E5471134 601176 5200799 17N 1.8 1.5 0.6 0.05 E5471135 601058 5200137 17N 5.2 16.4 0.9 0.05 E5471136 600712 5199973 17N 3.5 12.5 1.6 0.05 E5471137 600609 5200943 17N 319.9 19.8 25.1 0.7 E5471138 601110 5201401 17N 14.4 42.2 3.7 0.05 Longford Exploration Services Ltd. Page 11 of 67
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E5471139 601441 5200124 17N 3.7 8.4 1.7 0.05 E5471140 600535 5200314 17N 8 33.4 7.6 0.05 E5471141 600272 5200393 17N 1.3 1.8 14.1 0.05 E5471142 600207 5200130 17N 35.7 14.9 118.4 0.2 E5471143 600316 5200121 17N 53.7 24.3 193.8 0.2 E5471144 600330 5200120 17N 24.6 69.8 71.9 0.1 E5471145 601063 5201114 17N 43.8 11.7 102.4 0.2 E5471146 601060 5201119 17N 55.4 36.1 105.5 0.3 E5471147 601060 5201119 17N 38.9 55.3 170.4 0.4 E5471148 601059 5201113 17N 34.3 33.7 142.8 0.2 E5471149 601060 5201119 17N 80.4 30 225.6 0.8 E5471150 601060 5201119 17N 3.6 1.2 163.3 1.1 E5471151 601045 5201105 17N 34 18.8 123.4 0.1 E5471152 601069 5201118 17N 34 58.7 56.4 0.05 E5471153 601069 5201118 17N 29.2 38.8 136.9 0.2 E5471154 601711 5199435 17N 8.7 28 2.2 0.05
Table 9.3: Soil sample coordinates and assay results.
Sample ID NAD83 Zone Easting Northing Co (ppm) Ni (ppm) Cu (ppm) Ag (ppm) E6690251 17N 601050 5201116 3 5.7 26 0.3 E6690252 17N 601029 5201130 21.1 31.3 39.8 0.05 E6690253 17N 600997 5201112 19.4 12.9 17.2 0.05 E6690254 17N 600980 5201123 8.3 11.6 14.7 0.05 E6690255 17N 600947 5201111 53 17.1 52.2 0.2 E6690256 17N 600925 5201127 22.2 20.6 31.9 0.05 E6690257 17N 600901 5201111 38.6 24.9 49.6 0.2 E6690258 17N 600876 5201127 15 27.3 72.6 0.3 E6690259 17N 600848 5201120 55.7 17.1 46.6 0.6 E6690260 17N 600823 5201127 11.8 22.8 37.5 0.05 E6690261 17N 13.2 24 46.2 0.05 E6690262 17N 600774 5201120 2.7 7.7 30.6 0.05 E6690263 17N 600746 5201117 7.2 26.1 33.8 0.05 E6690264 17N 600720 5201116 6.8 26.8 24.8 0.05 E6690265 17N 600695 5201119 4.3 8.9 29.9 0.05 E6690266 17N 600672 5201124 2.6 6 47.3 0.05 E6690267 17N 600650 5201121 2.9 10 43.5 0.05 E6690268 17N 600626 5201128 2.6 5.2 19.7 0.05 E6690269 17N 600603 5201123 7.9 22.7 27.8 0.05 E6690270 17N 600578 5201135 2 9.2 14.4 0.05 E6690271 17N 600556 5200923 5.5 12.6 13.8 0.2 E6690272 17N 600596 5200913 6.2 14.5 14.6 0.05 E6690273 17N 600617 5200923 14.6 27.5 28.8 0.2 E6690274 17N 600647 5200916 12.6 38.1 40.8 0.1 E6690275 17N 600681 5200914 6.4 29 13.6 0.2 E6690276 17N 600699 5200921 3.7 6.8 5 0.05 Longford Exploration Services Ltd. Page 12 of 67
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Sample ID NAD83 Zone Easting Northing Co (ppm) Ni (ppm) Cu (ppm) Ag (ppm) E6690277 17N 600718 5200919 8.1 20.2 34.7 0.2 E6690278 17N 600764 5200918 10.1 32.1 27.7 0.1 E6690279 17N 600785 5200931 2 7.5 6.1 0.1 E6690280 17N 600802 5200927 4.4 13 9.1 0.05 E6690281 17N 600820 5200920 6.4 18.1 10.6 0.05 E6690282 17N 600845 5200916 4.6 12.1 5.6 0.05 E6690283 17N 600838 5200704 5.2 17.6 17 0.05 E6690284 17N 600802 5200720 2.9 9.7 21.3 0.05 E6690285 17N 600773 5200721 1 4.2 7 0.05 E6690286 17N 600752 5200723 5.9 19.4 21.5 0.05 E6690287 17N 600725 5200720 3.4 10.6 11.4 0.05 E6690288 17N 600695 5200724 1.4 4.3 96.6 0.05 E6690289 17N 600677 5200722 6 15.6 12.9 0.05 E6690290 17N 7.3 20 13.1 0.1 E6690291 17N 600620 5200724 7.1 21.8 14.5 0.1 E6690292 17N 600598 5200726 8.9 23.7 19.3 0.1 E6690293 17N 600569 5200715 6.4 16.8 20.1 0.2 E6690294 17N 600553 5200714 6.5 16.5 29.8 0.05 E6690295 17N 600526 5200722 2.4 7.9 44.7 0.1 E6690296 17N 600500 5200719 4.7 8.2 32 0.1 E6690297 17N 600477 5200715 4.9 5.1 36.4 0.05 E6690298 17N 600453 5200724 3.5 6.3 34.9 0.05 E6690299 17N 600425 5200718 3.3 9 30.1 0.05 E6690551 17N 600422 5200523 16.6 21.9 41.8 0.2 E6690552 17N 600445 5200518 18.3 44.5 21.1 0.2 E6690553 17N 600475 5200524 4.6 14.4 11.4 0.05 E6690554 17N 600503 5200520 5.5 16.8 11.4 0.05 E6690555 17N 6.8 22.2 14.7 0.05 E6690556 17N 600563 5200514 5.9 31.2 41 0.05 E6690557 17N 600589 5200520 30.2 45.9 70.4 0.2 E6690558 17N 600596 5200506 7.4 24.6 20.7 0.05 E6690559 17N 600625 5200506 2.6 9.3 21.6 0.05 E6690560 17N 600654 5200521 1.1 5.2 11.5 0.05 E6690561 17N 600677 5200517 2.6 8.7 11.4 0.05 E6690562 17N 600705 5200514 2.1 6.8 11.1 0.05 E6690563 17N 600720 5200516 1.6 4.9 26.5 0.05 E6690564 17N 600749 5200509 3.9 10.7 27.9 0.05 E6690565 17N 600769 5200508 3.5 12.5 21.5 0.05 E6690566 17N 600804 5200515 7.9 24 23.3 0.05 E6690567 17N 600827 5200526 11.2 29.4 18.4 0.2 E6690568 17N 600922 5200320 3.9 9.1 7.5 0.05 E6690569 17N 600915 5200326 3.8 8.1 10 0.2 E6690570 17N 600902 5200328 10.5 23.6 24.9 0.05 E6690571 17N 600891 5200324 6 20.6 8.5 0.05 E6690572 17N 600882 5200323 8.6 16.1 20.1 0.05 Longford Exploration Services Ltd. Page 13 of 67
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Sample ID NAD83 Zone Easting Northing Co (ppm) Ni (ppm) Cu (ppm) Ag (ppm) E6690573 17N 600871 5200322 3.5 7.2 8.5 0.05 E6690574 17N 600863 5200326 2.9 10.2 7.9 0.1 E6690575 17N 600853 5200323 4.2 14 11.7 0.05 E6690576 17N 600845 5200332 2.5 9.3 6.2 0.05 E6690577 17N 600835 5200324 2.4 7.1 5 0.1 E6690578 17N 600824 5200324 4.6 14.1 16.9 0.1 E6690579 17N 600801 5200318 1.5 5.1 31.2 0.1 E6690580 17N 600772 5200314 2.4 8.1 55.9 0.1 E6690581 17N 600760 5200317 3 10.2 21.1 0.05 E6690582 17N 600722 5200311 2.5 6.6 10 0.05 E6690583 17N 600698 5200319 3.4 10.4 16.2 0.05 E6690584 17N 600674 5200327 7.1 19.9 17.6 0.05 E6690585 17N 600650 5200333 2.7 9.3 13.3 0.05 E6690586 17N 600621 5200324 2.3 8.8 12.2 0.05 E6690587 17N 600596 5200321 2 7 11.2 0.05 E6690588 17N 600579 5200317 1.5 5.7 8.8 0.05 E6690589 17N 600545 5200325 3.9 9.3 8.7 0.1 E6690590 17N 600516 5200312 1.4 4.7 4.6 0.05 E6690591 17N 600505 5200322 4 12.8 12.6 0.05 E6690592 17N 600483 5200317 5.1 16.2 19.9 0.05 E6690593 17N 600458 5200322 5.3 16 17.1 0.05 E6690594 17N 600423 5200317 4 12.8 10.2 0.05 E6690595 17N 600395 5200314 5.7 16.1 15.8 0.05 E6690596 17N 600376 5200322 4 14.7 21.2 0.05 E6690597 17N 600353 5200331 5.4 15.5 32.4 0.05 E6690598 17N 600329 5200310 6.7 19.2 32.6 0.05 E6690599 17N 600297 5200331 5.9 10.2 40 0.3 E6690600 17N 600275 5200316 10 25.8 24.7 0.05 E6690301 17N 600778 5200111 16.7 30.6 84.5 0.5 E6690302 17N 600757 5200114 8.5 21.1 31.9 0.05 E6690303 17N 600736 5200107 10.1 26.6 39.8 0.3 E6690304 17N 600703 5200115 13.6 22.5 64.7 0.1 E6690305 17N 600678 5200119 37.6 22.4 37.2 0.2 E6690306 17N 600644 5200123 6.2 19 40.1 0.1 E6690307 17N 600620 5200110 3.5 12.5 15.3 0.05 E6690308 17N 600597 5200116 3.5 12.7 18.1 0.05 E6690309 17N 600575 5200126 3.9 12.2 14.7 0.05 E6690310 17N 600552 5200129 4.6 14.8 13.9 0.05 E6690311 17N 600529 5200115 3.9 12.9 13.7 0.05 E6690312 17N 600502 5200104 0.8 3.3 13.2 0.05 E6690313 17N 5 14.3 11.5 0.05 E6690314 17N 600453 5200127 5.7 16.3 12.6 0.05 E6690315 17N 600421 5200124 7.3 19.1 27.2 0.05 E6690316 17N 600402 5200122 4.1 13.9 14.6 0.05 E6690317 17N 600378 5200119 1.2 3.1 5.6 0.05 Longford Exploration Services Ltd. Page 14 of 67
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Sample ID NAD83 Zone Easting Northing Co (ppm) Ni (ppm) Cu (ppm) Ag (ppm) E6690318 17N 600363 5200125 4.7 12.6 18 0.05 E6690319 17N 600352 5200120 5.8 17.9 24.6 0.05 E6690320 17N 600346 5200125 5 15.7 23.8 0.05 E6690321 17N 600336 5200118 3 8.5 13 0.05 E6690322 17N 600327 5200119 7.1 19.1 27.5 0.05 E6690323 17N 600318 5200116 8.1 6.6 52.4 0.6 E6690324 17N 600308 5200120 6.3 12.2 22.9 0.1 E6690325 17N 600294 5200115 5.7 14.1 25.1 0.05 E6690326 17N 600285 5200120 4.3 12.6 18.9 0.1 E6690327 17N 600273 5200122 5.5 16.5 16.8 0.05
9.2 Statement of Costs The following table describes the costs of the work program which are eligible for assessment credit. The amount being applied for is $27,856.37. The full invoice can be viewed in Appendix C.
Table 9.4: Oct 2017 prospecting and sampling program expenditures.
Dates Category Item Units Cost/Unit Total Oct 7th-3th, 2018 Project Manager James Rogers 1 $800.00 $800.00 Oct 7th-3th, 2018 Geologist (P.Geo) Graham Davidson 7 $600.00 $4,200.00 Oct 7th-3th, 2018 Geologist Trent Potts 7 $600.00 $4,200.00 Oct 7th-3th, 2018 Field Assistant Josh McKenzie 1 $300.00 $300.00 Oct 7th-3th, 2018 Food and Lodging Gite Manor/ Lowell Lake 4 $1,857.82 Oct 7th-3th, 2018 Transportation and Fuel Truck, trailer, fuel 7 $3,106.50 Oct 7th-3th, 2018 Electronics/Equipment Radios, Sat phone, XRF 14 $990.00 Oct 7th-3th, 2018 Consumables Per field man day 15 $555.61 Oct 7th-3th, 2018 Analysis-MMI Soil SS80, AQ300, FA330 127 $31.00 $3,937.00 Oct 7th-3th, 2018 Analysis-Rock ICP-MS, Bureau Veritas 29 $44.00 $1,276.00 Assessment Report prep Oct 31st, 2018 Post Field 1 $2,500.00 $2,500.00 and work filing EST. $24,222.93 SUBTOTAL Management Fee 15% of Sub total $3,633.44 SUBTOTAL $27,856.37 Tax 5% GST $1,392.82 TOTAL $29,249.19
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10 Sample Preparation, Analysis, and Security 10.1 2017 Sampling Procedure During the 2017 program a total of 29 rock samples and 126 soil samples were collected (Figure 10.1). These samples were collected to enable detailed description out of the field and were collected and secured in a manor where sample integrity and provenance is maintained for future analytical procedures.
Rock samples collected were located by GPS in NAD83 UTM Zone 17N, the sample location was recorded in field notebooks, an assay sample tag book and as a waypoint on a Garmin 60CSX GPS unit. Each sample was collected into its own 18” x 12” poly bag labeled with the locale (ie. “Rabbit Lake”) and a unique 7- character sample ID (ie. E6690306) assigned from a barcoded Tyvek sample book. A tear-out tag with the barcode and unique sample ID was inserted in the bag with the sample and the bag sealed with a cable tie in the field. The sample locations are marked in the field with orange flagging type and the unique sample ID number written on the flagging tape.
A similar process was carried out for recording the soil sample data however soils were collected carefully by following strict guidelines. The grid soil sampling program that was carried out collected 126 soil samples and across the property. Grid soil sampling was carried out in the centre of the property at 25 m intervals with a 200 m line spacing. In addition to this, two zones of high interest were identified through prospecting which resulted in 22 extra samples that were spaced at 10 m. All sample locations were recorded using a hand-held GPS unit. Sample sites were marked using aluminum tags labelled with the sample number affixed to a 50 cm wooden lath that was driven into the ground. The majority of soil samples were collected from 20 to 25 cm deep holes using hand-held geo-tools. Each soil sample was placed into individually labelled Kraft paper bags. Soil samples were then sent to Bureau Veritas in Vancouver, BC to be dried and screened to -200 microns. The fine fractions were then analyzed using an aqua regia digestion and using inductively coupled plasma-mass spectroscopy technique (ICP-MS).
For the soil program every 10th sample was taken as a field duplicate for QA/QC control. 10.2 Sampling Preparation and Analysis The 29 rock samples and 126 soil samples were collected during the 2017 mapping and sampling program. Samples were submitted for analysis at Bureau Veritas in Vancouver, BC. on October 23, 2017 for the following processes:
Table 10.1: Rabbit Lake rock and soil sample analysis methods. No. of Samples Media Analysis Method Code Description 126 Soil DY060 Dry at 60 C 126 Soil SS80 Dry at 60 C sieve 100 g to -80 mesh 126 Soil SVRJT Save all or part of Soil Reject 126 Soil AQ200 1:1:1 Aqua Regia digestion ICP-MS analysis 29 Rock PRP70-250 Crush, split and pulverize 250 g rock to 200 mesh 29 Rock AQ200 1:1:1 Aqua Regia digestion ICP-MS analysis
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Figure 10.1: 2017 Rabbit Lake rock and soil sample locations. Longford Exploration Services Ltd. Page 17 of 67
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Figure 10.2: 2017 rock sample locations and sample numbers. Longford Exploration Services Ltd. Page 18 of 67
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11 Data Verification The site visit during the 2017 program was done with intent to visit known mineralized zones and, if possible, locate new areas of interest. A total of 29 rock samples were collected from outcrop in several areas of the property and 129 soil samples over a 25 m X 200 m soil grid. The samples confirm the presence of weak cobalt mineralization. Best efforts were made to collect representative samples. For location information and results please refer to section 9.2, and section 10 which describes the sample security.
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12 Other Relevant Data and Information To the best of the Author’s knowledge the preceding text describes all available data and information concerning the project.
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13 Interpretation and Conclusions Field mapping and prospecting activities on the Rabbit Lake property in 2017 confirm weak cobalt mineralization on the property with highest values returned located near the Rabbit Lake showing. The highest value returned among rock samples was 319.9 ppm Co (Table 13.1), and 55.7 ppm Co among soil samples (Table 13.2). These high values were all situated in the northern portion of the Nipissing Diabase intrusion which cuts across the center of the property (Figure 13.1 and 13.2). There was a significant spread among the data and the most common value returned for soils was 3.5 ppm Co, and for rock it was 29.2 ppm Co. Based on observations made in the field and assay results for both rock and soils during the 2017 field program, no significant signs of cobalt mineralization have been identified and therefore no further work is recommended.
Table 13.1: Statistical table of Rabbit Lake Property rock assay results.
Mean Std. Dev. Max Min Range Mode Median Element (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) Cobalt 32.4 57.9 319.9 1.3 318.6 29.2 15 Nickle 27.8 17.8 69.8 1.2 68.6 N/A 28.9 Copper 72.8 71.1 225.6 0.6 225.0 N/A 51.7 Silver 0.2 0.3 1.1 0.1 1.1 0.1 0.1
Table 13.2: Statistical table of Rabbit Lake Property soil assay results.
Mean Std. Dev. Max Min Range Mode Median Element (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) Cobalt 7.4 8.6 55.7 0.8 54.9 3.5 5.1 Nickle 15.4 8.4 45.9 3.1 42.8 9.3 14.1 Copper 24.2 16.4 96.6 4.6 92.0 11.4 20.0 Silver 5.3 0.1 0.6 0.1 0.6 0.1 0.1
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Figure 13.1: Rabbit Lake Property assay results for cobalt in soils (ppm). Longford Exploration Services Ltd. Page 22 of 67
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Figure 13.2: Map of Rabbit Lake Property rock assay results (ppm). Longford Exploration Services Ltd. Page 23 of 67
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14 Recommendations Due to low grade samples and minimal signs of mineralization over the Rabbit Lake exploration area, no further work is recommended. However, if further work was to be carried out, field work should concentrate on grid-soil sampling. The proposed field work for 2019 would consist of a short four-day prospecting and soil sampling program (budget summarized below). Sampling should be infilled around the Rabbit Lake showing and be extended along the entire length of the Nipissing Diabase intrusion with aims to locate anomalous zones of cobalt mineralization. 14.1 Proposed Exploration Budget
DATE: November 7, 2018
SEND TO: Quantum Cobalt Longford Exploration Services #460 688 Hastings Street Vancouver, BC Vancouver, BC (postcode) Canada V6B 1P1 (phone #) 778-809-7009
Rabbit Lake 2019 Budget Personnel Days Rate Line Total Project Manager - Rogers 1 $ 800.00 $ 800.00 Geologist - Davidson 6 $ 600.00 $ 3,600.00 Geologist - Potts 6 $ 600.00 $ 3,600.00 Field Assistant- Mckenzie 6 $ 300.00 $ 1,800.00 19 Cat. Total $ 9,800.00 Food and Lodging Units Rate Line Total Food and Groceries 1 $ 656.87 $ 656.87 Lodging Gite Manor Val d'Or 4 $ 140.00 $ 560.00 Lodging Lowell Lake 1 $ 920.95 $ 920.95 Cat. Total $ 2,137.82 Transportation Units/Days Unit Price Line Total Truck 1 ton with safety and recovery gear 6 $ 140.00 $ 840.00 Trailer 18' 7000lb covered trailer 6 $ 75.00 $ 450.00 Fuel per km for truck 510 $ 0.65 $ 331.50 Flights Mob in 1 $ 1,000.00 Canoe kit 5 $ 45.00 $ 225.00 Cat. Total $ 2,846.50 Equipment Rentals Units Unit Price Line Total Electronics Kit Radios, Sat phones, GPS, per man day 24 $ 20.00 $ 480.00 Portable XRF with Stand Per Day 5 $ 175.00 $ 875.00 Beep Map 4 $ 120.00 $ 480.00 Cat. Total $ 1,835.00 Consumable Units Unit Price Line Total Field / Office Consumables per field man day 24 $ 30.00 $ 720.00 Work Supplies 1 $ 105.61 Cat. Total $ 825.61 Analytical Units Unit Price Line Total Analysis -Soil SS80, AQ300 FA330 125 $ 31.00 $ 3,875.00 Analysis - Rock ICP-MS, Bureau Veritas 25 $ 44.00 $ 1,100.00 Sample Shipping 1 $ 500.00 Cat. Total $ 5,475.00 Post Field Units Unit Price Line Total Assessment Report prep and work filing 1 $ 2,500.00 $ 2,500.00 Cat. Total $ 2,500.00
Estimated Sub Total $ 25,419.93 Management 15% $ 3,812.99 TOTAL $ 29,232.92
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15 References Andrews, A.J., Owsiacki, L., Kerrich, R., Strong, D.F., (1986), The Silver Cobalt and Gowganda, Ontario. I: Geology, Petrography, and Whole-Rock Geochemistry, Can. J. Earth Sciences 23, 1480-1506 (1986)
Cookenboo, Harrison, Hickin, Adrian, Davis, Clinton, Brown, Philip, (2003) Assessment Report on Target Evaluations by Ground Geophysics, Geological, Ground-Truthing, and Prospecting in Preparation for Drill Tests, Prepared for Tres-Or Resources Ltd., August 14, 2003
Faure, Stephane, Beauvais, Marc R., Jalbert, Catherine, (2018), NI 43-101 Technical Report for the Cobalt Project, Prepared for First Cobalt, March 21, 2018
Farquhar, Emily, (2002) Airborne Magnetometer Survey, Block 25, 26, & 27, Marten River Area, Ontario, Prepared for JML Resources Ltd., May 2002
Kissin, Stephen A., (1992), Five-Element (Ni-Co-As-Ag-Bi) Veins, Geoscience Canada, vol. 19, number 3
Mineral Deposit Inventory for Ontario report MDI31L13NE00004
McIlwaine, W.H., (1970), Geology of the South Lorrain Township, District of Timiskaming, Geological Report 83, Toronto 1970
Woolham, R.W., (1966), Report on the Geophysical Surveys, South Lorrain Township, Prepared for Millerfields Silver Corp. Ltd., April 27, 1966
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APPENDIX A: 2017 Rock Sample Descriptions Sample NAD83 Elevation Sample Sulphide/ Amt Easting Northing Lithology Colour Alteration Structure Strike Dip Description No. Zone (m) Source Other % Mafic volcanics with fine disseminated arsenopyrite and pyrite. E5471126 601048 5201147 17N 334 subcrop volvanic dk gy qtz-carb vns arsenopy tr Band of pink orange carbonate Fine grained diabase with disseminated sulphides, narrow E5471127 601034 5201159 17N 308 subcrop diabase blk qtz-carb vns tr py veinlets and bands of rusty material Matasediments with fine disseminated arsenopyrite and narrow E5471128 601056 5201191 17N 307 subcrop metaseds med gy carb lenses tr py carbonate patches with possible sulphides Diabase with fragments of granite, sediments, feldspar E5471129 601071 5201154 17N 304 subcrop diabase dk gy arsenopy tr phenocrysts and disseminated arsenopyrite E5471130 600903 5200984 17N 308 subcrop argillite med gy Chert metasediments with argillite, patchy feldspars E5471131 600892 5200974 17N 297 float quartz white limonite Milky quartz vein with rusty lenses E5471132 600822 5200643 17N 298 sub crop siltst lt gy qtz-carb vns Metasediment with quartz carbonate veins, minor pyrite Grey- pink siltstone/ shale with quartz carbonate veins up to 10cm E5471133 601119 5200854 17N 293 float siltst gy-pink qtz-carb vns tr py wide. Traces of pyrite E5471134 601176 5200799 17N 293 outcrop siltst lt gy qtz-carb vns bedding 28 36 White pink quartz carbonate vein in siltstone. Light grey siltstone with 2cm wide vuggy quartz veins with blue/ E5471135 601058 5200137 17N 291 outcrop siltst lt gy qtz-carb vns blu-gy 2% grey/ black mineral in vug. silicified metavolcanics with milky quartz veins lenses and traces E5471136 600712 5199973 17N 293 outcrop volcanic med gy qtz vns arsenopy tr of arsenopyrite. E5471137 600609 5200943 17N outcrop diabase dark gy narrow qtz vns narrow quartz vein in diabase, slightly magnetic, mn stain. quartz veins, E5471138 601110 5201401 17N subcrop siltstone gy hazy metallic lustured veins with chlorite halo silicification quartz veins, placioclase alteration within milky quartz veins. Calcite bands and E5471139 601441 5200124 17N outcrop siltstone gy silicification rusty boxworks E5471140 600535 5200314 17N 322 float siltstone bk silicification po strongly magnetic and heavy mlky white/ E5471141 600272 5200393 17N 331 outcrop diabase quartz veins 20cm wide qtz vein, bull quartz, no visible mineralization gy arspy, po, diabase, moderately magnetic, fine grained, trace disseminated E5471142 600207 5200130 17N 343 outcrop diabase bk tr cpy po and arsenopyrite E5471143 600316 5200121 17N 347 outcrop diabase green py, po, cpy tr fracture 8 70 mafic volcanic rock with 2-5% disseminated po+py, trace cpy chlorite, py, arspy, E5471144 600330 5200120 17N outcrop diabase green/ white tr diabase with chlorite and plagioclase, trace po+py+cpy plagioclase cpy silicified and sheared diabase, disseminated and patchy sulphides E5471145 601063 5201114 17N outcrop diabase green/black sulphides <5% traces of fine disseminated patchy sulphides in diabase. Oxidized E5471146 601060 5201119 17N 292 outcrop diabase green/black silicified sulphides slickensides 38 62 vugs with grey sulphides Narow vuggy quartz vein with sulphides. Sooty black oxide E5471147 601060 5201119 17N outcrop diabase green/black qtz vns sulphides appearance heavily altered diabase with disseminated fine grained sulphides E5471148 601059 5201113 17N outcrop diabase green/black sulphides and Fe/ Mn staining E5471149 601060 5201119 17N 295 outcrop diabase green/black qtz-carb vns sulphides sheared diabase with 2 - 5% sulphides. E5471150 601060 5201119 17N 292 outcrop diabase green/black sulphides brown fine grained felsic band/ vein with limonitic vugs E5471151 601045 5201105 17N outcrop diabase green/black sulphides sheared diabase with 2% sulphides and Fe/ Mn staining sheared (slickenfibers) diabase with sulphides and Fe/ Mn E5471152 601069 5201118 17N outcrop diabase green/black sulphides fault 12 sub vert staining E5471153 601069 5201118 17N outcrop diabase green/black sulphides diabase with Fe/ Mn staining diabase/ diabase in contact with pebble greywacke, 5mm wide qtz vein at E5471154 601711 5199435 17N outcrop sandstone grey/ black quartz veins sulphides contact 69 46 contact contact Longford Exploration Services Ltd. Page 26 of 67
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APPENDIX B: 2017 Soil Sample Descriptions
Sample Depth % % % NAD83 East North Comments Horizon Media Moisture Terrain Colour Vegetation ID (m) gravel org. loam 17N Diabase 20 Md aspen & E6690251 601050 5201116 outcrop 0.2 B/C Soil 20% Dry degrees brown spruce close-by Diabase 20 Md aspen & E6690252 17N 601029 5201130 outcrop 0.2 B/C Soil 20% Dry degrees brown spruce close-by Diabase 30 Md aspen & E6690253 17N 600997 5201112 outcrop 0.2 C Soil 50% Dry degrees brown spruce close-by 40 Md aspen & E6690254 17N 600980 5201123 0.2 B/C Soil 20% Dry degrees brown spruce 15 Md aspen & E6690255 17N 600947 5201111 0.25 C Soil 50% Dry degrees brown spruce 20 Md aspen & E6690256 17N 600925 5201127 0.2 B/C Soil 20% Dry degrees brown spruce 10 Md aspen & E6690257 17N 600901 5201111 0.2 C Soil 50% 20% Dry degrees brown spruce 25 Md aspen & E6690258 17N 600876 5201127 0.2 C Soil 50% Dry degrees brown spruce Diabase 25 Md aspen & E6690259 17N 600848 5201120 outcrop 0.2 B Soil 50% Dry degrees brown spruce close-by Diabase 15 Md aspen & E6690260 17N 600823 5201127 outcrop 0.2 B/C Soil 20% Dry degrees brown spruce close-by No sample Md E6690261 17N taken but Outcrop Dry flat aspen brown empty bag
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Sample Depth % % % NAD83 East North Comments Horizon Media Moisture Terrain Colour Vegetation ID (m) gravel org. loam and tag submitted. 10 Md E6690262 17N 600774 5201120 0.25 B/C Soil 20% Dry aspen degrees brown 5 Md aspen & E6690263 17N 600746 5201117 0.2 B/C Soil 20% Dry degrees brown spruce Md E6690264 17N 600720 5201116 0.2 B Soil Dry flat aspen brown Diabase 10 Md aspen & E6690265 17N 600695 5201119 outcrop 0.2 C Soil 50% Dry degrees brown spruce close-by Md aspen & E6690266 17N 600672 5201124 0.2 B/C Soil 20% Dry flat brown spruce Diabase 10 Md aspen & E6690267 17N 600650 5201121 outcrop 0.2 B/C Soil 20% Dry degrees brown spruce close-by Diabase 10 Md aspen & E6690268 17N 600626 5201128 outcrop 0.2 C Soil 50% Dry degrees brown spruce close-by Md aspen & E6690269 17N 600603 5201123 0.2 B/C Soil 20% Dry flat brown spruce 10 Md aspen & E6690270 17N 600578 5201135 0.2 B/C Soil 20% Dry degrees brown spruce Diabase 15 Md aspen & E6690271 17N 600556 5200923 outcrop 0.2 B Soil Dry degrees brown spruce close-by 10 Md aspen & E6690272 17N 600596 5200913 0.2 B/C Soil 20% Dry degrees brown spruce 20 Md aspen & E6690273 17N 600617 5200923 0.2 B/C Soil 20% Dry degrees brown spruce
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Sample Depth % % % NAD83 East North Comments Horizon Media Moisture Terrain Colour Vegetation ID (m) gravel org. loam 15 Md aspen & E6690274 17N 600647 5200916 0.25 B/C Soil 20% Dry degrees brown spruce 10 Md aspen & E6690275 17N 600681 5200914 0.2 B/C Soil 20% Dry degrees brown spruce 10 Md aspen & E6690276 17N 600699 5200921 0.15 C Soil 50% Dry degrees brown spruce Md aspen & E6690277 17N 600718 5200919 0.2 B/C Soil 20% Dry flat brown spruce 10 Md aspen & E6690278 17N 600764 5200918 0.3 B Soil Dry degrees brown spruce 15 Md aspen & E6690279 17N 600785 5200931 0.25 B/C Soil 20% Dry degrees brown spruce 5 Md aspen & E6690280 17N 600802 5200927 0.2 B/C Soil 20% Dry degrees brown spruce 25 Md aspen & E6690281 17N 600820 5200920 0.25 B/C Soil 20% Dry degrees brown spruce 15 Md E6690282 17N 600845 5200916 0.25 B/C Soil 20% Dry aspen degrees brown Sandstone 30 Md E6690283 17N 600838 5200704 0.2 B/C Soil 20% Dry aspen close-by degrees brown Siltstone 40 red E6690284 17N 600802 5200720 0.2 B Soil Dry aspen close-by degrees brown Siltstone brown/ aspen & E6690285 17N 600773 5200721 0.2 B Soil Dry flat close-by grey spruce aspen & E6690286 17N 600752 5200723 0.2 B Soil Dry flat tan spruce 5 Md aspen & E6690287 17N 600725 5200720 0.2 B Soil Dry degrees brown spruce 25 tan/ aspen & E6690288 17N 600695 5200724 0.25 B/C Soil 20% Dry degrees grey spruce
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Sample Depth % % % NAD83 East North Comments Horizon Media Moisture Terrain Colour Vegetation ID (m) gravel org. loam silicified 20 Md aspen & E6690289 17N 600677 5200722 siltstone 0.15 B/C Soil 20% Dry degrees brown spruce close-by No sample taken but E6690290 17N empty bag Outcrop and tag submitted. 10 Md aspen & E6690291 17N 600620 5200724 0.2 B/C Soil 20% Dry degrees brown spruce 10 Md aspen & E6690292 17N 600598 5200726 0.2 B/C Soil 20% Dry degrees brown spruce Diabase 30 Md aspen & E6690293 17N 600569 5200715 outcrop 0.2 B/C Soil 20% Dry degrees brown spruce close-by 20 Md aspen & E6690294 17N 600553 5200714 0.25 B/C Soil 20% Dry degrees brown spruce Diabase 25 dark aspen & E6690295 17N 600526 5200722 outcrop 0.25 B/C Soil 20% Dry degrees brown spruce close-by Diabase 20 Md aspen & E6690296 17N 600500 5200719 outcrop 0.15 B Soil Dry degrees brown spruce close-by Diabase 20 Md aspen & E6690297 17N 600477 5200715 outcrop 0.2 B/C Soil 20% Dry degrees brown spruce close-by Diabase Md aspen & E6690298 17N 600453 5200724 outcrop 0.2 B Soil Dry flat brown spruce close-by Md E6690299 17N 600425 5200718 0.25 B Soil Dry flat aspen brown
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Sample Depth % % % NAD83 East North Comments Horizon Media Moisture Terrain Colour Vegetation ID (m) gravel org. loam Diabase 10 Md aspen & E6690551 17N 600422 5200523 outcrop 0.2 B/C Soil Dry degrees brown spruce close-by 20 dark aspen & E6690552 17N 600445 5200518 0.2 B/C Soil 20% Dry degrees brown spruce 10 Md E6690553 17N 600475 5200524 0.25 B/C Soil 20% Dry aspen degrees brown 5 Md E6690554 17N 600503 5200520 0.25 B/C Soil 20% Dry aspen degrees brown No sample taken but E6690555 17N empty bag Swamp and tag submitted. 40 dark E6690556 17N 600563 5200514 0.2 B/C Soil 20% 50% Dry aspen degrees brown silicified 50 Md E6690557 17N 600589 5200520 siltstone 0.3 C Soil 50% Dry aspen degrees brown close-by Diabase 50 Md E6690558 17N 600596 5200506 outcrop 0.2 B/C Soil 20% Dry aspen degrees brown close-by dark aspen & E6690559 17N 600625 5200506 0.2 B/C Soil 20% Dry flat brown spruce Md aspen & E6690560 17N 600654 5200521 0.2 B/C Soil 20% Dry flat brown spruce 10 Md aspen & E6690561 17N 600677 5200517 0.35 B/C Soil 20% Dry degrees brown spruce silicified Md aspen & E6690562 17N 600705 5200514 siltstone 0.2 B/C Soil 20% Dry flat brown spruce close-by
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Sample Depth % % % NAD83 East North Comments Horizon Media Moisture Terrain Colour Vegetation ID (m) gravel org. loam 35 Md aspen & E6690563 17N 600720 5200516 0.2 B/C Soil 20% Dry degrees brown spruce 60 Md aspen & E6690564 17N 600749 5200509 0.2 B/C Soil 20% Dry degrees brown spruce Md aspen & E6690565 17N 600769 5200508 0.2 B Soil Dry flat brown spruce 20 Md aspen & E6690566 17N 600804 5200515 0.15 B/C Soil 20% Dry degrees brown spruce 30 Md aspen & E6690567 17N 600827 5200526 0.2 B/C Soil 20% Dry degrees brown spruce 15 Md aspen & E6690568 17N 600922 5200320 0.2 B Soil Dry degrees brown spruce 15 Md aspen & E6690569 17N 600915 5200326 0.2 B/C Soil 20% Dry degrees brown spruce 25 Md aspen & E6690570 17N 600902 5200328 0.2 B/C Soil 20% Dry degrees brown spruce Md aspen & E6690571 17N 600891 5200324 0.2 B/C Soil 20% Dry flat brown spruce Md aspen & E6690572 17N 600882 5200323 0.2 B/C Soil 20% Dry flat brown spruce Md aspen & E6690573 17N 600871 5200322 0.2 B/C Soil 20% Dry flat brown spruce Md aspen & E6690574 17N 600863 5200326 0.2 B/C Soil 20% Dry flat brown spruce aspen & E6690575 17N 600853 5200323 0.2 B Soil 15% Dry flat Black spruce dark aspen & E6690576 17N 600845 5200332 0.2 B Soil 20% Dry flat brown spruce Md aspen & E6690577 17N 600835 5200324 0.2 B Soil Dry flat brown spruce
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Sample Depth % % % NAD83 East North Comments Horizon Media Moisture Terrain Colour Vegetation ID (m) gravel org. loam Diabase 15 Md aspen & E6690578 17N 600824 5200324 outcrop 0.2 B Soil Dry degrees brown spruce close-by Diabase 20 dark aspen & E6690579 17N 600801 5200318 outcrop 0.2 B Soil Dry degrees brown spruce close-by 20 Md aspen & E6690580 17N 600772 5200314 0.2 B/C Soil 20% Dry degrees brown spruce 10 Md aspen & E6690581 17N 600760 5200317 0.2 B/C Soil 20% Dry degrees brown spruce 5 dark aspen & E6690582 17N 600722 5200311 0.2 B Soil Dry degrees brown spruce 10 Md aspen & E6690583 17N 600698 5200319 0.2 B/C Soil 20% Dry degrees brown spruce Silicified 10 Md aspen & E6690584 17N 600674 5200327 Siltstone 0.2 B Soil Dry degrees brown spruce close-by 5 Md aspen & E6690585 17N 600650 5200333 0.3 B/C Soil 20% Dry degrees brown spruce Md aspen & E6690586 17N 600621 5200324 0.2 B/C Soil 20% Dry flat brown spruce Md aspen & E6690587 17N 600596 5200321 0.2 B/C Soil 20% Dry flat brown spruce Silicified 5 red/ E6690588 17N 600579 5200317 Siltstone 0.25 B/C Soil 20% Dry aspen degrees brown close-by 40 dark aspen & E6690589 17N 600545 5200325 0.2 B/C Soil 20% Dry degrees brown spruce 5 Md aspen & E6690590 17N 600516 5200312 0.25 B/C Soil 20% Dry degrees brown spruce
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Sample Depth % % % NAD83 East North Comments Horizon Media Moisture Terrain Colour Vegetation ID (m) gravel org. loam Md aspen & E6690591 17N 600505 5200322 0.2 B/C Soil 20% Dry flat brown spruce 10 Md aspen & E6690592 17N 600483 5200317 0.2 B Soil Dry degrees brown spruce Md aspen & E6690593 17N 600458 5200322 0.2 B/C Soil 20% Dry flat brown spruce Md aspen & E6690594 17N 600423 5200317 0.2 B Soil Dry flat brown spruce 5 Md aspen & E6690595 17N 600395 5200314 0.2 B Soil Dry degrees brown spruce Fine Md E6690596 17N 600376 5200322 grained 0.2 B Soil Dry flat aspen brown sandstone 5 Md aspen & E6690597 17N 600353 5200331 0.2 B/C Soil 20% Dry degrees brown spruce 5 Md aspen & E6690598 17N 600329 5200310 0.2 B/C Soil 20% Dry degrees brown spruce Diabase 10 red/ aspen & E6690599 17N 600297 5200331 outcrop 0.2 B/C Soil 20% Dry degrees brown spruce close-by 5 Md aspen & E6690600 17N 600275 5200316 0.2 B/C Soil 20% Dry degrees brown spruce Diabase 60 Md aspen & E6690301 17N 600778 5200111 outcrop 0.2 B/C Soil 20% Dry degrees brown spruce close-by 20% ash. Diabase 45 grey/ aspen & E6690302 17N 600757 5200114 0.2 B/C Soil 20% Dry outcrop degrees brown spruce close-by Diabase 45 Md aspen & E6690303 17N 600736 5200107 outcrop 0.2 B/C Soil 20% Dry degrees brown spruce close-by Longford Exploration Services Ltd. Page 34 of 67
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Sample Depth % % % NAD83 East North Comments Horizon Media Moisture Terrain Colour Vegetation ID (m) gravel org. loam Diabase 45 dark aspen & E6690304 17N 600703 5200115 outcrop 0.2 B/C Soil 20% Dry degrees brown spruce close-by Diabase 15 dark aspen & E6690305 17N 600678 5200119 outcrop 0.2 B/C Soil 20% Dry degrees brown spruce close-by Diabase 5 dark aspen & E6690306 17N 600644 5200123 outcrop 0.2 B/C Soil 20% Dry degrees brown spruce close-by Diabase 5 Md aspen & E6690307 17N 600620 5200110 outcrop 0.2 B/C Soil 20% Dry degrees brown spruce close-by 10 Md aspen & E6690308 17N 600597 5200116 0.2 B/C Soil 20% Dry degrees brown spruce Md aspen & E6690309 17N 600575 5200126 0.35 B/C Soil 20% Dry flat brown spruce Md aspen & E6690310 17N 600552 5200129 0.2 B/C Soil 20% Dry flat brown spruce Silicified 5 Md E6690311 17N 600529 5200115 Siltstone 0.2 B/C Soil 20% Dry aspen degrees brown close-by 20% ash. Silicified 5 Md E6690312 17N 600502 5200104 0.25 B Soil 20% Dry aspen Siltstone degrees brown close-by E6690313 17N 5 dark aspen & E6690314 17N 600453 5200127 0.2 B/C Soil 20% 20% Dry degrees brown spruce 5 Md aspen & E6690315 17N 600421 5200124 0.2 B/C Soil 20% Dry degrees brown spruce 5 Md E6690316 17N 600402 5200122 0.2 B/C Soil 20% Dry aspen degrees brown Longford Exploration Services Ltd. Page 35 of 67
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Sample Depth % % % NAD83 East North Comments Horizon Media Moisture Terrain Colour Vegetation ID (m) gravel org. loam Silicified Md E6690317 17N 600378 5200119 Siltstone 0.2 B/C Soil 20% Dry flat aspen brown close-by 5 Md E6690318 17N 600363 5200125 0.2 B Soil 20% Dry aspen degrees brown 5 Md E6690319 17N 600352 5200120 0.2 B/C Soil 20% Dry aspen degrees brown 5 grey/ E6690320 17N 600346 5200125 0.2 B/C Soil 20% Dry aspen degrees brown Diabase Md aspen & E6690321 17N 600336 5200118 outcrop 0.2 B/C Soil 20% Dry flat brown spruce close-by Diabase Md aspen & E6690322 17N 600327 5200119 outcrop 0.2 B/C Soil 20% Dry flat brown spruce close-by Diabase Md aspen & E6690323 17N 600318 5200116 outcrop 0.2 B/C Soil 20% Dry flat brown spruce close-by Diabase Md aspen & E6690324 17N 600308 5200120 outcrop 0.2 B/C Soil 20% Dry flat brown spruce close-by Diabase Md aspen & E6690325 17N 600294 5200115 outcrop 0.2 B/C Soil 20% Dry flat brown spruce close-by Diabase Md aspen & E6690326 17N 600285 5200120 outcrop 0.2 B/C Soil 20% Dry flat brown spruce close-by Diabase Md aspen & E6690327 17N 600273 5200122 outcrop 0.2 B/C Soil 20% Dry flat brown spruce close-by
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APPENDIX C: 2017 Statement of Costs
DATE: October 30, 2018
SEND TO: Quantum Cobalt Longford Exploration Services #460 688 Hastings Street Vancouver, BC Vancouver, BC (postcode) Canada V6B 1P1 (phone #) 778-809-7009
Rabbit Lake 2017 Cost Summary Personnel Days Rate Line Total Project Manager - Rogers 1 $ 800.00 $ 800.00 Geologist - Davidson 7 $ 600.00 $ 4,200.00 Geologist - Potts 7 $ 600.00 $ 4,200.00 Field Assistant- Mckenzie 1 $ 300.00 $ 300.00 15 Cat. Total $ 9,500.00 Food and Lodging Units Rate Line Total Food and Groceries 1 $ 656.87 $ 656.87 Lodging Gite Manor Val d'Or 2 $ 140.00 $ 280.00 Lodging Lowell Lake 1 $ 920.95 $ 920.95 Cat. Total $ 1,857.82 Transportation Units/Days Unit Price Line Total Truck 1 ton with safety and recovery gear 7 $ 140.00 $ 980.00 Trailer 18' 7000lb covered trailer 7 $ 75.00 $ 525.00 Fuel per km for truck 510 $ 0.65 $ 331.50 Flights Mob in 1 $ 1,000.00 Canoe kit 6 $ 45.00 $ 270.00 Cat. Total $ 3,106.50 Equipment Rentals Units Unit Price Line Total Electronics Kit Radios, Sat phones, GPS, per man day 14 $ 20.00 $ 280.00 Portable XRF with Stand Per Day 2 $ 175.00 $ 350.00 Beep Map 3 $ 120.00 $ 360.00 Cat. Total $ 990.00 Consumable Units Unit Price Line Total Field / Office Consumables per field man day 15 $ 30.00 $ 450.00 Work Supplies 1 $ 105.61 Cat. Total $ 555.61 Analytical Units Unit Price Line Total Analysis -Soil SS80, AQ300 FA330 127 $ 31.00 $ 3,937.00 Analysis - Rock ICP-MS, Bureau Veritas 29 $ 44.00 $ 1,276.00 Sample Shipping $ 500.00 Cat. Total $ 5,713.00 Post Field Units Unit Price Line Total Assessment Report prep and work filing 1 $ 2,500.00 $ 2,500.00 Cat. Total $ 2,500.00
Estimated Sub Total $ 24,222.93 Management 15% $ 3,633.44 SUB TOTAL $ 27,856.37 GST 5 % $ 1,392.82 Total $ 29,249.19 Longford Exploration Services Ltd. Page 37 of 67
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APPENDIX D: 2017 Assay Certificates
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