Auu^ a O Tl of the GIN PROPERTY BC Geological Survey Assessment
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JUN C 2 2008 Gold Commissioners OfficeLSSESSMENT ^^^ ON 2007 SOIL GEOCHEMICAL SAMPLING Auu^ A o tL OF THE GIN PROPERTY SEP 2 2008 LIARD MINING DIVISION Gold Commissioner's3 Office | BRITISH COLUMBIA VANCOUVER, B .CTJ CANADA Claims Gin 1 thru 8 NTS:104H/12W Latitude 57° 44' N, Longitude 129° 55' W On Behalf of Gravity West Mining Suite 400 - 789 West Pender Street Vancouver, B.C. Canada V6C1H2 By Mark Ralph Mcleese Lake, B.C. Afzaal Pirzada, P.Geo. Vancouver, BC /s A f .*? May 30,2008 ■V TABLE OF CONTENTS Page 1.0 SUMMARY . 4 2.0 INTRODUCTION 6 2.1 Location and Access 6 2.2 Physiography and Climate 8 2.3 Property Status and Ownership 8 2.4 Previous Work 10 3.0 GEOLOGY 11 3.1 Regional Geology 11 3.2 Property Geology 13 3.2.1 Lithology 13 3.2.2 Alteration 15 3.2.3 Structure 15 3.2.4 Mineralization 15 4.0 2007 EXPLORATION PROGRAM 16 4.1 Work Completed 16 4.2 Geochemical Survey Procedures 16 4.3 Geochemical Results 17 5.0 CONCLUSIONS 29 6.0 RECOMMENDATIONS 29 7.0 REFERENCES 31 2 LIST OF FIGURES Page Figure 1 Property Location 7 Figure 2 Claim Map 9 Figure 3 Regional Geology 12 Figure 4 Property Geology 14 Figure 5a Soil Samples Location and Results (Gold) 22 Figure 5b Soil Samples Location and Results (Silver) 23 Figure 5c Soil Samples Location and Results (Copper) 24 Figure 6a-c Soil Sample Contours Maps 25 Figure 7 Location of Rock Samples 28 LIST OF TABLES Table 1 Claim Data 8 Table 2 2007 Soil Analytical Results Summary 17 Table 3 Contour Soil Samples Analytical Summary 21 LIST OF APPENDICES Appendix A Statement of Costs Appendix B Laboratory Certificate of Analysis Appendix C Statement of Qualifications Appendix D Archaeological Study Report 3 1.0 SUMMARY The Gin property consists of 8 claim blocks located on the Klastline Plateau within the Stikine Arch of Northwestern British Columbia. Gravity West Mining Corporation ("Gravity West") owns 100% of the property. The Stikine River area of northwestern B.C. is a region well known for its alkalic plutons and associated porphyry copper-gold mineralization. 2007 work objectives focused on the grass root assessment of the property thru soil geochemistry covering areas predominantly the eastern part of the property. A total of 126 soil samples were taken from the property during the present exploration work. The samples were collected at 50m and 65m station intervals on three grid lines spaced 500m apart. Over all greater then 7km of grid line was picketed and sampled. The soil geochemical results indicated the presence of anomalous gold, silver, copper and nickel values in the samples. Highlights of the assay results are presented below: Gold - One sample returned 1.2 g/tonne (1.2 part per million) - 4 samples over 100 ppb (part per billion) - 8 samples between 51 -100 ppb 43 samples between 21 -50 ppb Silver - 32 samples between 0.3-0.5 ppm - 30 samples between 0.2-0.29 ppm - 22 samples between 0.1-0.19 ppm Copper - One sample 0.023% - 6 samples between 0.01 % - 0.02 % Nickel - 2 samples with 0.025% and 0.043% values - 19 samples between 0.01 % - 0.02% Overall soil geochemistry on the Gin Claims shows a strong anomalous gold profile, and elevated values of copper and nickel, on the eastern portions of the property. However, the western portions of the grid were sampled using a shovel that did not penetrate as deep and therefore did not sample the same profile as those samples taken with the soil auger in the East. 4 Positive results from the 2007 soil geochemistry warrant additional work. Given the wide spacing of the grid lines during this program it is recommended that additional sampling be undertaken at a tighter line spacing at 100 m interval. Based on the results of this additional sampling program, drill targets should be defined for further exploration work. The results of 12 grab rock samples collected from the southern portion of the property indicated anomalous gold, copper, zinc and nickel values in some of the samples. A detailed rock sampling and prospecting covering all the property claims can provide a better understanding of mineralization. 5 2.0 INTRODUCTION The Gin property consists of 8 claim blocks located on the Klastline Plateau within the Stikine Arch of Northwestern British Columbia. To the North Northeast lies the 446 million tonne Red Chris copper gold porphyry deposit. Gin claims were staked to cover potential Cu-Au style mineralization or precious metal rich veins which commonly occur peripheral to this style of porphyry deposit. Gravity West Mining Corporation ("Gravity West") owns 100% of the property. 2007 work objectives focused on the grass root assessment of the property thru soil geochemistry covering predominantly eastern areas of the property. CJL Enterprises Ltd. ("CJL") was contracted to carry out the work program and the first author was retained by CJL for fieldwork supervision, reporting and project coordination. 2.1 Location and Access The center of the Gin claims is 6.5km east of the Stewart-Cassiar Highway (Highway 37), about 20 km to the southeast of the Village of Iskut. A deep sea port is situated at Stewart, about 322 km to the south. The general center of the property sits at 57° 44' North latitude and 129° 55' West longitude on NTS map sheet 104H/12W. The central and southwestern portions of the property are easily accessible via helicopter from Tattoga Lake lodge, 6.5km to the west or Iskut 20km to the North (Figure 2). The Northern and Western most portions are steeply inclined and rugged and are best accessed on foot. That said, from the roads on the western portions, you'll never be more than two kilometers from the base of the plateau. One, possibly two trails suitable for men or horses lead from the highway near Tattoga Lake lodge up onto the plateau. These trails could be used with the help of local expediters to move supplies to and from the camp, provide emergency medical services and transport personnel, especially during the foggy conditions common later in the season. Once on the plateau movement is limited to foot, horseback or helicopter. At this stage concern over the environmental impacts of ATV's and similar equipment will limit their usefulness. Instead, consideration must be given towards utilizing methods that would minimize the overall "scaring" of the landscape. Luckily movement on the plateau is generally easy due to the minor changes in topography accompanied by low brush and grasses. In the southern portion of the property, traversing should be fairly quick and accurate, with quick easy access to a variety helicopter landing zones. Overall crew movement should be efficient and relatively inexpensive. Dozens of locations for a base camp can be found as clear, flat areas with clean flowing water are easy to find. Timber becomes increasingly common towards the north and west especially along the slopes of the plateau. Figure 1: Property Location SI JCC.33D LEGEND GRAVITY WEST MINING I Mynuan N PROPERTY LOCATION MAP Ro«d Gin —■MM LiarttAnirqDU'fcan v. se_ Sflln Ca um ate -CwayS7 u 115 K 00 Clh Claims ~~jBGWrin||Glvlsk>ii ■1BMB Late £35^ •**!». •--. Kr0-* 7 There is also a gravel airstrip 2 km north of the village of Iskut that could handle DC-3 aircraft. Several resorts and motels are situated along Highway 37 between Iskut and Tatogga Lake, which provide seasonal accommodation and meals. 2.2 Physiography and Climate The Gin property covers the northwestern half of Todagin Mountain which forms a small massif between Kiaskan, Ealue and Tadogin Lakes in the southeastern portion of the Klastline Plateau. Elevation varies from 850 meters (2,800 feet) a.s.l. along Coyote Creek in the extreme northwest corner of the property to 2,155 meters (7,069ft) a.s.l. atop Todagin Mountain. Most of the property is characterized by the rolling plateau with gentle slopes between 1,525 metres (5,000 feet) and 1,830 metres (6,000 feet) a.s.l. Steeper, rugged slopes are common along moderate to deeply incised creek valleys and on the northern and western most flanks of the property. Vegetation consists of spruce and alder along the lower slopes and in creek valleys. Sub- alpine scrub meanders through the property at about the 1280 m (4,200 foot) level. The tree line is about 1370 m (4,500 feet) above sea level. Alpine flora including flowers and grass are common above the tree line. A number of small creeks which flow through the property could provide water for camp and drill operations (Figure 2). Precipitation in the area is moderate, averaging 100 cm per year. Thick accumulations of snow are common during winter. Fieldwork can commence at lower elevations in June, while it is seldom possible to begin surface geological work before July and difficult to continue past September at the higher elevations. Fog and periods of low visibility becomes common towards the fall, making helicopter support increasingly difficult. 2.3 Property Status and Ownership The Ginl thru 8 consists of 8 claim blocks covering 2680.548 Ha of mineral rights. Current ownership of all claims is held 100% by Gravity West Mining. Claim data is summarized in the Table 1, while a map showing the claims is presented in Figure 2. Table 1: Claim Data Tenure Tenure Claim Map Good To Mining Number Type Name Owner Number Date Status Division Area (Ha) 528225 Mineral GIN1 200834 (100%) 104H 2008/jul/14 GOOD Laird 380.425 528227 Mineral GIN 2 200834 (100%) 104H 2008/jul/14 GOOD Laird 259.487 528228 Mineral GIN 3 200834(100%) 104H 2008/JUI/14 GOOD Laird 345.721 528229 Mineral GIN 4 200834 (100%) 104H 2008/jul/14 GOOD Laird 432.217 528230 Mineral GIN 5 200834(100%) 104H 2008/jul/14 GOOD Laird 432.464 528231 Mineral GIN 6 200834(100%) 104H 2008/JUI/14 GOOD Laird 432.321 528232 Mineral GIN 7 200834 (100%) 104H 2008/jul/14 GOOD Laird 346.027 528296 Mineral GIN 8 200834(100%) 104H 2008/jul/14 GOOD Laird 51.886 Total Area in Hectares 2680.548 8 Figure 2: Claim Location 2.4 Previous Work The Gin property is located in the Stikine River area of northwestern B.C., a region well known for its alkalic plutons and associated porphyry copper-gold mineralization.