<<

o

*/.y -; P vnrn Vj,4 1 i, ij i.UD J

GECSCSEMCE ASSi-SCMENT __ OFFiCE

A Report on Airborne Geophysical Survey on the Plate Property, of CANADIAN GOLDEN DRAGON RESOURCES LTD Vanguard Claim Group, Area

Thunder Bay Mining Division, Province of Ontario

for Canadian Golden Dragon Resources Ltd 500 - 20 Maud Street Toronto, Ontario M5V 2M5

May 20lh, 2003

Roger J Caven, BASc, P Eng, Consulting Geophysicist RR# 5, 479 Ocean View Drive, Gibsons, British Columbia, VON l V5 Tel/Fax: (604) 886-0479, e-mail: rogerj^avei^telus.net (Sunshine Coast)

52B09NW2018 2.25700 KASHABOWIE LAKE 010 TABLE OF CONTENTS Summary Page 3 Introduction 3 Location and Access 3 Previous Work 3 Property - Description and Location 4 Geology of the Claim Group and area 5 Airborne EM - Magnetic Survey 5 Discussion of Results 6 Distribution of Work Performed ,t ,,t .., ^ p /* 6 Conclusions and Recommendations ©©-©f.©\ ^ ^©j l \J\J7 References Reports 8 Maps 9 Certificate of Author 10

Table 12.5 Metamorphic mineral assemblages of the greenstone belt, 2 pages.

Report of the Helicopter-borne Time Domain Electromagnetic Geophysical Survey, Vanguard Property, Kashabowie Area, Area, Ontario, for Canadian Golden Dragon Resources Ltd, by Geotech Ltd.

Claim Map Scale 1:50,000, Approximate Reduced Total Field Magnetic Map Scale 1:40,000, Approximate Reduced Airborne EM Profiles Scale 1:40,000, Approximate

In Pocket Airborne EM Profile Map Scale 1:20,000 Airborne Magnetic Contour Map Scale 1:20,000 SUMMARY

Canadian Golden Dragon Resources Ltd, holds several groups of claims, including the 320 claim units in 47 claims within the Kashabowie area within the Shebandowan greenstone belt, about 88 km WNW of Thunder Bay, Ontario.

This report deals with the recent airborne geophysical survey over the Vanguard claims group. On February 11 th to 12th Geotech Ltd flew the Vanguard property with the Helicopter-borne time domain electromagnetic/ magnetic survey system. This survey was intended to outline electromagnetic conductors and to obtain detail magnetic information for the purpose of outlining the subsurface geology. Results of the survey are appended as maps.

INTRODUCTION

Recently Canadian Golden Dragon Resources has been directing its attention to greenstone belts in addition to its interest in ultramafic intrusives. The Kashabowie area is in the Shebandowan greenstone belt in the Wawa subprovince. The Archean age Superior Province includes several greenstone belts with iron formations and sulphide occurrencies, many with economic basemetal mineralization. Although the greenstone belts have been subject to exploration for many years, newer geophysical techniques have improved the discrimination of conductive features as well as providing a better depth penetration. Although helicopter borne geophysical surveys have been used for many years, they have been based on frequency domain systems which have limited depth penetration, although generally resolution of near surface features have been good. The move to time domain electromagnetic systems began in the 1960©s with the Barringer Research INPUT system. INPUT improved depth penetration, although resolution was less. Several time domain systems have been developed since, among them the Fugro (formerly Geoterrex) Megatem system with high power and very good depth penetration. Recently Geotech Ltd has developed and tested the helicopter borne Dream Catcher Time Domain Electromagnetic system. Test flights by Megatem and Dream Catcher TDEM have shown comparable depth penetrations but better lateral resolution for the latter.

Canadian Golden Dragon decided to use the Dream Catcher TDEM system for a detail look at the Kashabowie area of the Shebandowan greenstone belt.

LOCATION AND ACCESS

The Vanguard property is road accessible via Hwy 11 to Kashabowie situated ~88 km WNW of Thunder Bay. Local and forestry roads branch off the highway south to the property.

PREVIOUS WORK

Previous work on the property and surrounding areas are described in the references. Additional work is to be found among assessment work reports. PROPERTY- DESCRIPTION AND LOCATION

VANGUARD PROPERTY

The Company has acquired a 320 claim unit group covering parts of the , Crayfish Lake, Greenwater Lake, and Kashabowie Lake townships, at 480 37© N latitude and 900 30© W longitude (~ centre), approximately 88 km WNW of Thunder Bay, in the Thunder Bay Mining Division. The property is accessed from Hwy 11 via roads to the south.

Claim no Units Claim Map Recorded Due Date 1064687 06 Burchell Lake 02 Aug 2001 02 Aug 2003 1064688 11 Burchell Lake 27 Jul 2001 27 Jul 2003 1064689 07 Kashabowie Lake 07 Aug 2001 07 Aug 2003 1187559 01 Burchell Lake 08 Mar 2002 08 Mar 2004 C,-V~- 1187652 03 Burchell Lake 19Nov2001 19Nov2003 C©Ti f* \z. ^ 1218593 08 Kashabowie Lake 28 May 2001 28 May 2003 ^ 1218594 14 Crayfish Lake 06 Jun 2001 06 Jun 2003 1218595 16 Kashabowie Lake 06 Dec 2001 06 Dec 2003 1218596 14 Crayfish Lake 06 Dec 2001 06 Dec 2003 1218597 03 Burchell Lake 06 Aug 2002 06 Aug 2004 1238679 01 Burchell Lake 17 Feb 2003 17 Feb 2005 (Holder K R Kukkee) 1239688 01 Burchell Lake 17 Feb 2003 17 Feb 2005 (Holder K R Kukkee) 1240532 04 Kashabowie Lake 01 Jun 2000 01 Jun 2005 1240533 04 Kashabowie Lake 01 Jun 2000 01 Jun 2005 1242495 04 Kashabowie Lake 19 Dec 2000 19 Dec 2003 1242496 02 Kashabowie Lake 19 Dec 2000 19 Dec 2003 1242497 05 Kashabowie Lake 21 Feb 2001 21 Feb 2004 1242498 07 Kashabowie Lake 21 Mar 2001 21 Mar 2004 1242499 01 Kashabowie Lake 27 Apr 2001 27 Apr 2004 1242500 03 Kashabowie Lake 27 Apr 2001 27 Apr 2004 1242511 02 Burchell Lake 18 Dec 2001 18 Dec 2003 1242602 14 Burchell Lake 18 Jun 2001 18 Jun 2003 1242603 02 Kashabowie Lake 18 Dec 2001 18 Dec 2003 1242608 04 Kashabowie Lake 18 Dec 2001 18 Dec 2003 1242609 11 Crayfish Lake 26 Mar 2001 26 Mar 2004 1245728 03 Burchell Lake 26 Mar 2001 26 Mar 2004 1245729 04 Crayfish Lake 26 Mar 2001 26 Mar 2004 1246763 06 Kashabowie Lake 29 Mar 2001 29 Mar 2004 1246772 16 Crayfish Lake 06 Jun 2001 06 Jun 2003 1249547 12 Green Water Lake 07 Feb 2002 07 Feb 2004 1249548 2 Green Water Lake 07 Feb 2002 07 Feb 2004 3001508 11 Burchell Lake 15 May 2002 15 May 2004 3001509 08 Burchell Lake 15 May 2002 15 May 2004 3001510 09 Burchell Lake 15 May 2002 15 May 2004 3001588 02 Crayfish Lake 11 Jul 2002 11 Jul 2004 3001590 07 Kashabowie Lake 15 Aug 2002 15 Aug 2004 3001591 04 Kashabowie Lake 02 Jul 2002 02 Jul 2004 3005088 16 Crayfish Lake 27 Jan 2003 27 Jan 2005 3005089 06 Crayfish Lake 27 Jan 2003 27 Jan 2005 3005090 15 Crayfish Lake 27 Jan 2003 27 Jan 2005 3005091 01 Crayfish Lake 27 Jan 2003 27 Jan 2005 3010484 02 Crayfish Lake 16 Sep 2002 16 Sep 2004 3010485 01 Burchell Lake 23 Sep 2002 23 Sep 2004 3010486 02 Burchell Lake 23 Sep 2002 23 Sep 2004 3011123 15 Kashabowie Lake 27 Jan 2003 27 Jan 2005 3011124 15 Crayfish Lake 27 Jan 2003 27 Jan 2005 3011125 15 Crayfish Lake 27 Jan 2003 27 Jan 2005

Total 47 claims 320 units GEOLOGY OF THE CLAIM GROUP AND AREA

The Vanguard claims in the Kashabowie area are in the Shebandowan greenstone belt of the Wawa Subprovince of the Superior Province. The age is Archean. The Shebandowan greenstone belt is arcuate in shape reflecting the curvature of the Quetico - Shebandowan greenstone belt boundary, approximately WSW - ENE as shown by the magnetic trends. The Shebandowan greenstone belt is subdivided into the Burchell and Greenwater assemblages, with a third suite of rocks, the Shebandowan assemblage, consisting of sedimentary and volcanic rocks which overlie unconformably the Burchell - Greenwater boundary, locally straddling it.

The Burchell assemblage is divided into three cycles, with cycle 1 intruded by the Shebandowan Lake intrusion. The lower part of cycle 1 comprises massive basalt flows locally altered to chlorite schist. Pillow lava underlies the dacite and rhyolithic units in the upper parts of the cycle. Near the base of this cycle are tabular, serpentinized, peridotite units that contain copper - nickel mineralization. Cycle 1 contains the most extensive basic intrusions in the greenstone belt. Cycle 2 also contains numerous mafic intrusions, but also distinguished by a thick unit of rhyolite to dacite which extends along the northern part of the belt. The main mass of this felsic unit located in and south of the Burchell area is displaced and separated from the more tuffaceous eastern part by right-handed transcurrent movement on the Crayfish Creek fault. (The geology information has been abstracted from "Geology of Ontario; OGS Special Volume 4, Pt1, 1991.) Appended is a two-page table: Table 12.5. Metamorphic mineral assemblages of the Shebandowan greenstone belt. Geology of Ontario; OGS Special Volume 4.

Numerous mineral occurrencies have been found on the property.

AIRBORNE TIME DOMAIN MAGNETIC - ELECTROMAGNETIC SURVEY

On February 11th to 12th, 2003, a helicopter borne geophysical survey was flown over the property with a newly developed time domain electromagnetic system named "Dream Catcher TDEM system". A total of 527.7 km as flown, some of it outside the claims for operational purposes as well to keep the boundaries of flying area manageable. Navigation was by GPS and radar altimetry. The flying height was maintained at 80 m above ground, with sensor at 35 m above ground, and aircraft velocity was nominally 70 km/hour. The low altitude of the sensor and relatively slow speed of he aircraft, coupled with the superior depth penetration and sensitivity of a time domain electromagnetic system has produced survey results where closely located conductors have been discriminated. This is important in an area where graphitic conductors run alongside sulphide conductors, whether iron formations or economic sulphides, thus aiding in mapping the geology and drilling. Test flights over known mineral occurrencies have compared favourably with results of fixed wing time domain systems, where the much higher altitude has caused adjacent conductors to merge.

The flight line direction was north-south with a nominal 100 m separation. The data has been plotted as total magnetic field contours and stacked EM profiles. Claim outlines have been shown on the maps. A copy of the full Geotech Operations Report is appended with further details of the operation and equipment. The claim outlines have been digitized from the claim map and require ground verification due to apparent inconsistencies. Discussion of Results The airborne survey produced a number of responses on the property particularly in the northern and eastern parts. Parallel, closely situated conductors can be discerned in many places, particularly in the eastern and north-eastern parts of the claims group. The conductors in general follow the magnetic trend.

The airborne EM results are presented as profiles, with claims at a scale of 1:20,000, the scale at which the data was delivered by Geotech Ltd. The maps have also been reduced for quick overview. The EM map was delivered with profile traces in colour, but has been reproduced as grayscale.

The detail magnetic survey is presented as a contour map for total magnetic intensity at a scale of 1:20,000.

DISTRIBUTION OF WORK PERFORMED

The following work has been determined for each claim, with 1007o added for work assigned to account for turnarounds and loops:

Claim no Units Claim Map Recorded Due Date In claims Work Assigned 1064687 06 Burchell L 02 Aug 01 02 Aug 03 7.05 km 7.76 km 1064688 11 Burchell L 27 Jul 01 27 Jul 03 12.25 13.48 1064689 07 Kashabow 07 Aug 01 07 Aug 03 9.29 10.22 1187559 01 Burchell L 08 Mar 02 08 Mar 04 1 .08 1.19 1187652 03 Burchell L 19Nov01 19Nov03 3.52 3.87 1218593 08 Kashabow 28 May 01 28 May 03 15.42 16.96 1218594 14 Crayfish L 06 Jun 01 06 Jun 03 17.16 18.88 1218595 16 Kashabow 06 Dec 01 06 Dec 03 17.70 19.47 1218596 14 Crayfish L 06 Dec 01 06 Dec 03 15.32 16.85 1218597 03 Burchell L 06 Aug 02 06 Aug 04 2.10 2.31 1238679 01 Burchell L 17Feb03 17 Feb 05 1.05 1.16 1239688 01 Burchell L 17Feb03 17 Feb 05 1.15 1.27 1240532 04 Kashabow 01 Jun 00 01 Jun 05 5.85 6.44 1240533 04 Kashabow 01 Jun 00 01 Jun 05 12.95 14.25 1242495 04 Kashabow 19 Dec 00 19 Dec 03 4.55 5.01 1242496 02 Kashabow 19 Dec 00 19 Dec 03 1.90 2.09 1242497 05 Kashabow 21 FebOI 21 Feb 04 9.80 10.78 1242498 07 Kashabow 21 Mar 01 21 Mar 04 14.72 16.19 1242499 01 Kashabow 27 Apr 01 27 Apr 04 1.80 1.98 1242500 03 Kashabow 27 Apr 01 27 Apr 04 5.20 5.72 1242511 02 Burchell L 18 Dec 01 18 Dec 03 1.70 1.87 1242602 14 Burchell L 18 Jun 01 18 Jun 03 10.36 11.40 1242603 02 Kashabow 18 Dec 01 18 Dec 03 2.88 3.17 1242608 04 Kashabow 18 Dec 01 18 Dec 03 7.30 8.03 1242609 11 Crayfish L 26 Mar 01 26 Mar 04 12.75 14.03 1245728 03 Burchell L 26 Mar 01 26 Mar 04 3.28 3.61 1245729 04 Crayfish L 26 Mar 01 26 Mar 04 4.00 4.40 1246763 06 Kashabow 29 Mar 01 29 Mar 04 8.32 9.15 1246772 16 Crayfish L 06 Jun 01 06 Jun 03 16.58 18.24 1249547 12 Green Wat 07 Feb 02 07 Feb 04 17.70 19.47 1249548 2 Green Wat 07 Feb 02 07 Feb 04 2.86 3.15 3001508 11 Burchell L 15 May 02 15 May 04 7.30 8.03 3001509 08 Burchell L 15 May 02 15 May 04 9.70 10.67 3001510 09 Burchell L 1 5 May 02 1 5 May 04 11 .00 12.10 3001588 02 Crayfish L 1 1 Jul 02 11 Jul 04 2.46 2.71 3001590 07 Kashabow 15Aug02 15Aug04 11.50 12.65 3001591 04 Kashabow 02 Jul 02 02 Jul 04 3.26 3.59 3005088 16 Crayfish L 27 Jan 03 27 Jan 05 17.00 18.70 3005089 06 Crayfish L 27 Jan 03 27 Jan 05 6.30 6.93 3005090 15 Crayfish L 27 Jan 03 27 Jan 05 17.88 19.67 3005091 01 Crayfish L 27 Jan 03 27 Jan 05 1.20 1.32 3010484 02 Crayfish L 16Sep02 16Sep04 2.22 2.44 3010485 01 Burchell L 23 Sep 02 23 Sep 04 1.20 1.32 3010486 02 Burchell L 23 Sep 02 23 Sep 04 1 .88 2.07 3011123 15 Kashabow 27 Jan 03 27 Jan 05 16.00 17.60 3011124 15 Crayfish L 27 Jan 03 27 Jan 05 16.24 17.86 3011125 15 Crayfish L 27 Jan 03 27 Jan 05 16.64 18.30

Total 47 claims 320 units 389.37km 428.3km

Total flight lines 527.7 km

CONCLUSIONS AND RECOMMENDATIONS

The airborne geophysical survey using the Geotech helicopter borne Dream Catcher TDEM system has produced a large number of results in the form of conductors. Some of these conductors may be eliminated through surface mapping as being either graphitic formations or non-economic sulphides. There will remain a number of features which can only be analyzed by drilling, particularly those at depth. The airborne survey was using a OPS based navigation system with UTM coordinates at NAD 27. The locations are therefore comparable with coordinates obtained by ground surveys, the use of which can thus be much reduced.

Respectfully submitted May 20th, 2003.

Roger J Caven, P Eng, FGAC REFERENCES

Reports

Bajc, A.F. Results of regional till sampling in the western part of the Shebandowan Greenstone Belt, ; Ontario Geological Survey, Open File Report 6012, 82p.

Chorlton, L.B. 1987. Geological setting of gold mineralization in the western part of the Shebandowan greenstone belt, District of Thunder Bay, Northwestern Ontario; Ontario Geological Survey, Open File Report 5636, 348p.

Farrow, C.E.G. 1993. Base metal sulphide mineralization, Shebandowan greenstone belt, District of Thunder Bay; in Summary of Field Work and Other Activities 1994, Ontario Geological Survey, Miscellaneous Paper 162, p. 89-96.

Farrow, C.E.G. 1994. Base metal mineralization, Shebandowan greenstone belt, District of Thunder Bay; in Summary of Field Work and Other Activities 1994, Ontario Geological Survey, Miscellaneous Paper 163, p. 97-104.

Geology of Ontario; OGS Special Volume 4, R 1, 1991.

Giblin, P. E. 1964. Burchell Lake Area, Ontario Dept. Mines, Geol. Rept. 19.

Harris, F.R. 1970. Geology of the Moss Lake area; Ontario Geological Survey, Geological Report 85.

Hodgkinson, J.M. 1968. Geology of the Kashabowie area; Ontario Dept. Mines, Vol.29, pt.1, p. 225- 234.

Osmani, I.A. 1997. Geology and mineral potential: Greenwater Lake area, West-Central Shebandowan Greenstone Belt; Ontario Geological Survey, Report 296, 135p.

Pye, E. G., and Fenwick, K. G. 1964. Atikokan-Lakehead Sheet, District of Thunder Bay; Ontario Dept. Mines, Geol. Comp. Series, Map 2137, scale 1 inch to 4 miles. Geology 1962-1963 Maps

Bajc, A.F. 1999. Gold grains in till, western Shebandowan greenstone belt northwestern Ontario; Ontario Geological Survey, Preliminary Map P.3417, scale 1:100,000.

Farrow, C.E.G. 1996. Geology of the Vanguard East Prospect, Kashabowie area, northwestern Ontario; Ontario Geological Survey, Preliminary Map P.3359, various scales.

Farrow, C.E.G. 1996. Geology of the Vanguard West Prospect, Kashabowie area; Ontario Geological Survey, Preliminary Map P.3358, various scales.

Ministry of Northern Development and Mines. 2002. Mining Land Tenure Map, Burchell Lake area, District of Thunder Bay; Nov. 7, Plan G-0706, scale 1:40,000.

Ministry of Northern Development and Mines. 2002. Mining Land Tenure Map, Kashabowie Lake area, District of Thunder Bay; Nov. 19, Plan G-2714, scale 1:40,000.

Ministry of Northern Development and Mines. 2002. Mining Land Tenure Map, Moss Township, District of Thunder Bay; Nov. 7, Plan G-0676, scale 1:40,000.

Ontario Geological Survey. 1991. Airborne electromagnetic and total intensity magnetic survey, Shebandowan Area; Ontario Geological Survey, Map 81558, scale 1:20,000.

Ontario Geological Survey. 1991. Airborne electromagnetic and total intensity magnetic survey, Shebandowan Area; Ontario Geological Survey, Map 81559, scale 1:20,000.

Osmani, l.A. 1995. Geology and mineral potential of the Upper and Middle Shebandowan Lakes Area, District of Thunder Bay; Ontario Geological Survey, Map P.3312, scale 1:20,000.

Osmani, I.A. 1997. Precambrian geology, Burchell-Greenwater lakes area, east half; Ontario Geological Survey, Map 2623, scale 1:20,000.

Osmani, I.A. 1997. Precambrian geology, Burchell-Greenwater lakes area, west half; Ontario Geological Survey, Map 2622, scale 1:20,000.

Osmani, I.A. 1997. Precambrian geology, Moss Township; Ontario Geological Survey, Map 2624, scale 1:20,000. 10 2 . 257 O O CERTIFICATE OF QUALIFICATIONS

l, Roger J Caven, of 479 Ocean View Drive, Gibsons, British Columbia, hereby certify that:

1. l am a graduate of the University of Toronto, Faculty of Applied Science and Engineering, Engineering Science Course, Geophysics Option (1967).

2. l am a registered Professional Engineer in the Provinces of British Columbia and Ontario.

3. l am a Fellow of the Geological Association of Canada, and an Active Member of the Society of Exploration Geophysicists, the Australian Society of Exploration Geophysicists, the European Association of Geoscientists and Engineers, and IEEE.

4. l am presently employed as an independent Consulting Geophysicist, with address in Gibsons, British Columbia.

5. l have been employed in my profession since graduation, by Barringer Research Inc as a Senior Geophysicist, and with UMEX Inc as Chief Geophysicist in charge of exploration, and as a Consulting Geophysicist since 1983.

Dated at Gibsons, British Columbia, this 20th day of May, 2003. ,^""--©:v©/ /s.,''-,'' i: - - ^•.••\ V:-r^ !

,©- ""-.....

Rogfer J Caven, P Eng, FGAC Consulting Geophysicist Ul Table 12.5. Metamorphic mineral assemblages of the Shebandowan greenstone belt. O ** Area; Rock Type Observed Assemblage References t Burchell Lake; Burchell assemblage Giblin 1964 felsic to intermediate volcanic rocks quartz, albite, white mica, chlorite, carbonate; O mafic volcanic rocks chlorite, hornblende, tremolite-actinolite, carbonate, albite, I epidote quartz; hornblende is largely replaced by chlorite (typical of DZ domain); narrow chlorite schist bands with carbonate, white mica, albite and quartz o gabbro (north of Skimpole hornblende, saussuritized plagioclase, quartz, carbonate, epidote, chlorite, a Lake, east of Burchell Lake) apatite, magnetite, pyrite, pyrrhotite f Greenwater assemblage quartz and minor plagioclase alternating with biotite, minor magnetite and pyrite banded tuff (northwest of Grouse Lake) and tuff in Quetico sedimentary rocks

iron formation (north of Squeers Lake) magnetite, quartz, amphibole carbonate ± epidote gabbro (north side of Hood Lake hornblende, labradorite, minor magnetite, very minor quartz; hornblende is syenite pluton) poikiloblastic, reflects contact metamorphism

Kashabowie and, Burchell and Greenwater assemblages Shebandowan lakes felsic to intermediate volcanic rocks sericitic schist matrix and east of Greenwater mafic volcanic rocks chlorite; pale amphibole in southeast and central area, hornblende in north; medium Lake; grained amphibolite southeast of Tmto Lake fault Hodgkinson 1968 gabbro plagioclase, amphibole, chlorite, retrograded locally; local chloritic schist zones

peridotite igneous assemblages retrograded; chlorite, secondary amphibole

Lower Shebandowan Lake; Burchell assemblage Morin 1973 felsic volcanic rocks sericitized mafic volcanic rocks greenschist facies: shredded fine-grained chlorite, hornblende, sericite, saussurite, carbonate, albite, coarse-grained feldspar gabbro chlorite, epidote, hornblende, albite peridotite (south of Lower serpentine, minor talc, magnetite, carbonate Shebandowan Lake)

Shebandowan assemblage argillite quartz, feldspar, mica arkose microcline, quartz, chlorite, carbonate

south and east of Lower Greenwater assemblage Shebandowan Lake; basalt greenschist facies: sodic plagioclase, chlorite, hornblende, epidote, sericite, Shegelski 1980 saussurite, quartz

Shebandowan assemblage sedimentary rocks greenschist facies: hornblende, potassium feldspar, plagioclase, chlorite, sericite, quartz and epidote Table 12.5. Metamorphic mineral assemblages of the Shebandowan greenstone belt. Are*; Rock Type Observed Assemblage References

north of Cray fish Creek Burchell assemblage, fault on Discovery Point; basalt upper greenschist facies: Morton 1982 actinolite, epidote, quartz; actinolite, epidote; fine-grained actinolite, mkrolites of plagioclase

south of Lower basalt lower greenschist facies: Shebandowan Lake; chlorite, quartz, carbonate, plagioclase (^cAn^); Morton 1982 chlorite, quartz ^carbonate, epidote, actinolite; chlorite, quartz, epidote, actinolite

upper greenschist facies: epidote, actinolite 4;quartz

southeast of Unto Lake Shebandowan assemblage fault; Morton 1982 metasedimenUry rocks quartz, actinolite, plagioclase

Blackwell, Laurie, Goldie, Burchell assemblage Horne, Forbes, Conmee komatiitic volcanic rocks townships; mafic rocks saussuritized plagioclase, tremolite, actinolite Carter 1990a, 1990b, 1990c ultramafic rocks chrysotile, carbonate, chlorite, magnetite

Greenwater assemblage komatiin©c volcanic rocks ultramafic rocks chlorite, serpentinite, tremolite mafic rocks saussurite, quartz, chlorite

tholeiitic volcanic rocks mafic rocks serialized plagioclase, chlorite, epidote, carbonate; intermediate rocks albite, actinolite, biotite, saussuritized plagioclase, chlorite, carbonate; plagioclase, quartz, chlorite, epidote; sericite, albite, chlorite

calc-alkalic volcanic rocks mafic rocks saussuritized plagioclase, quartz, carbonate; saussuritized plagioclase, quartz, clinozoisite, chlorite, carbonate Q 0-5 Shebandowan assemblage alkalic volcanic rocks mafic rocks sericite, chlorite, carbonate f Ut intermediate rocks serialized plagioclase, epidote, actinolite, chlorite l REPORT ON A HELICOPTER-BORNE TIME DOMAIN ELECTROMAGNETIC GEOPHYSICAL SURVEY

Vanguard Property Kashabowie Area, Thunder Bay Area, Ontario

for

Canadian Golden Dragon Resources Ltd. 402-905 West Fender Street Vancouver, British Columbia Canada, V6C1L6 Tel: (604) 681-1909 Fax: (604) 689-5930

by Geotech Ltd.

Survey flown in February 2003

Project A 2003 March, 2003 TABLE OF CONTENTS

1. INTRODUCTION 3

2. SURVEY AREA 3

3. SURVEY SPECIFICATIONS AND PROCEDURES 6

4. AIRCRAFT AND EQUIPMENT 7 4.1 Aircraft 7 4.2 Electromagnetic System 7 4.3 Airborne magnetometer 7 4.4 Ancillary Systems 7 4.5 Base station 8

5. PERSONNEL 9

6. DELIVERABLES 9

7. DATA PROCESSING AND PRESENTATION 10

8. RESULTS 12

9. CONCLUSIONS 12

Figures

Figure 1: Location map

. Report on an Airborne Geophysical Survey REPORT ON A HELICOPTER BORNE TIME DOMAIN ELECTROMAGNETIC SURVEY Vanguard Property, Kashabowie Area, Thunder Bay, Ontario

1. INTRODUCTION

This report describes helicopter-borne geophysical survey carried out on behalf of Canadian Golden Dragon Resources Ltd. by Geotech Ltd. under an agreement dated January 2003. Principal geophysical sensors included a time domain electromagnetic system and a cesium magnetometer. Ancillary equipment included a GPS navigation system and a radar altimeter.

The block referred to as Vanguard Property was surveyed. The Block is located approximately 100 km NWW of Thunder Bay in Ontario, the area of the block is 63.6 km2, the total line kilometres flown for the block was 527.7 km.

Data acquisition was initiated on February 11th, 2003 and completed on February 12th, 2003.

This report describes the survey, the data processing and presentation.

2. SURVEY AREA

The survey area is shown in figure 1. The latitude-longitude of the centre of the Block is roughly 480 38© N and 900 30© W. The corner co-ordinates of the blocks in easting and northing are as follows.

- Report on an Airborne Geophysical Survey Vanguard Property (in UTM zone 15, NAD27):

1. 689816 5392245 2. 689816 5387200 3. 686066 5387200 4. 686066 5386952 5. 683316 5386777 6. 683316 5384554 7. 682069 5384538 8. 680616 5384361 9. 680616 5386178 10.679950 5386178 11.679950 5386778 12.678616 5386778 13.678616 5392378 14.685016 5392378 15.685016 5391130 16.687016 5391272 17.687016 5391558 18.688216 5391632 19.688216 5391865 20.688486 5391917 21.688847 5391920 22.689698 5392242

. Report on an Airborne Geophysical Survey Figure l -LOCATIONMAP

Lansdowne Houat | ""••--,. .^..-•""•' i

Notion Lake Blouk J s; j r ^ li .Fnrt Hope i

Linsey E3ay Block"

(it'olecli LtiL - Report on an Airborne Geophysical Survey 3. SURVEY SPECIFICATIONS AND PROCEDURES

The survey specifications are summarised in the following table:

BLOCK AREA LINE LINE FLIGHT NAME KM2 SPACING KM DIRECTION

Vangurd 63.6 ISO/ 100m 527.7 N-S Property

TOTALS: 63.6 527.7

Table l - Survey Block

Nominal EM sensor terrain clearance was 35 m (EM bird height above ground, i.e. helicopter is maintained 80 m above ground). Nominal survey speed was 70 km/hour. The data-recording rates of the data acquisition was 0.1 second for electromagnetics and magnetometer, 0.2 second for altimeter, l second for GPS. This translates to a geophysical reading about every 2 metres along flight track. Navigation was assisted by a GPS receiver and data acquisition system, which reports GPS co-ordinates as latitude/longitude and directs the pilot over a pre-programmed survey grid.

The operator was responsible for monitoring of the system integrity. He also maintained a detailed flight log during the survey noting the times of the flight as well as any unusual geophysical or topographic feature.

On return of the aircrew to the base camp the survey data was transferred from a compact flash card (PCMCIA) to the data processing computer.

- Report on an Airborne Geophysical Survey 4. AIRCRAFT AND EQUIPMENT

4.1 Aircraft

An Astar BA helicopter - owned and operated by Canadian Helicopters was used for the survey. Installation of the geophysical and ancillary equipment was carried out by Geotech Inc. at the survey location in Kashabowie. The survey aircraft was flown at a nominal terrain clearance of 80 m.

4.2 Electromagnetic System

The electromagnetic system was a Geotech Dream Catcher Time Domain EM system. The receiver and transmitter coils were concentric and Z-direction oriented. The transmitter coil diameter was 18.5 metres, the number of turns was 5. The receiver coil diameter was 1.1 metre. The number of turns in the receiver coil was 30. The transmitter pulse repetition rate was 30 Hz. The peak current was 110 A. The duty cycle was SQ'fa. The twenty-four measurement gates were used in the range from 130 us to 6330 us. The recording sampling rate was 10 samples per second. The EM bird was towed 45 m below the helicopter.

4.3. Airborne magnetometer

The magnetic sensor utilized for the survey was a Geometrics G-823A, optically pumped cesium vapor magnetic field sensor, mounted in a separate bird towed 15 m below the helicopter. The sensitivity of the magnetic sensor is 0.02 nanoTesla (nT) at a sampling interval of 0.1 seconds. The G-823A Magnetometer consists of a sensor head and sensor driver electronics with CM-201 counter joined by a cable. The magnetometer sends the measured magnetic Field strength as nanoTeslas to the data acquisition system via the RS- 232 port.

4.4 Ancillary Systems

Radar Altimeter

A Terra TRA 3000/TRI 40 radar altimeter was used to record terrain clearance. The antenna was mounted beneath the bubble of the helicopter cockpit.

- Report on an Airborne Geophysical Survey GPS Navigation System

The navigation system used wassa Geotech PC based navigation system utilizing an Ashtech GG24 navigation card, Geotech navigate software, a full screen display with controls in front of the pilot to direct the flight and an Ashtech GPS antenna mounted on the helicopter top assembly. The co-ordinates of the blocks were set-up prior to the survey and the information was fed into the airborne navigation system.

Digital Acquisition System

A Geotech data acquisition system recorded the digital survey data on an internal compact flash card. Data is displayed on an LCD screen as traces to allow the operator to monitor the integrity of the system. Contents and update rates were as follows:

DATATYPE SAMPLING TDEM 0.1 sec Magnetometer 0.1 sec GPS Position 1.0 sec RadarAltimeter 0.2 sec

4.5 Base Station

A combine magnetometer/GPS base station was utilized on this project. A Scintrex CS-2 Cesium vapour magnetometer was used as a magnetic sensor with a sensitivity of 0.001 nT. The base station was recording the magnetic field together with the GPS time at l Hz on a base station computer. The base station magnetometer sensor was installed in Kashabowie away from electric transmission lines and moving ferrous objects such as motor vehicles. The magnetometer base station©s data was backed-up to the data processing computer at the end of each survey day.

©' Lid. - Report on an Airborne Geophysical Survey 5. PERSONNEL

The following Geotech Ltd. personnel were involved in the project

Field Geophysicists: Petr Kuzmin Andrei Bagrianski System Engineer/Operator: Pavel Tishin

Office Data Processing/Reporting: Andrei Bagrianski Petr Kuzmin

The survey pilot and the mechanic were employed directly by the helicopter operator - Canadian Helicopters.

Pilot: Philippe Leynaert Mechanic: Robert Cote Junior

Overall management of the survey was carried out from the Aurora offices of Geotech Ltd. by Edward Morrison, President.

6. DELIVERABLES

The survey is described in a report, which is provided in two copies. The maps were produced at a scale of 1:20,000.

MAPS

The results of the survey are presented in a series of colour maps. All maps contain skeletal topographic features, claims boundaries and the claim numbers. The basic coordinate/projection system used was NAD27, Universal Transverse Mercator, zone 15. For reference the NAD27 latitude and longitude are also noted on the maps. All the maps show the flight path trace.

The map products are as follows:

O - Report on an Airborne Geophysical Survey 1. Total Field Magnetic contour map on the GPS flight path, on paper in two copies (black and white contours only) 2. Total Field Magnetic color contour map on the GPS flight path, on paper in two copies 3. Offset TDEM Profile Map of the twenty one gate times (205 - 6330 us) on the GPS flight path, on paper in two copies

DIGITAL DATA on CD-ROM

A CD-ROM was prepared to accompany the report. It contains a digital file of the line data in ASCII format for each block in addition to the maps in Geosoft format. A readme.txt file may be found on the CD-ROM which describes the contents in more detail.

7. DATA PROCESSING AND PRESENTATION

Skeletal base

The skeletal base seen on the maps was derived from 1:50,000 topographic sheets by digitizing the main hydrological features (rivers, lakes) using AutoCAD. The map was then output as a DXF file and in turn imported in Geosoft Oasis Montaj.

The basic geographic projection/coordinate system used to create all the maps is the Universal Transverse Mercator system (UTM), zone 15, NAD27.

Flight Path

The flight path, recorded by the acquisition program as WGS 84 latitude/longitude, was converted into the UTM co-ordinate system in Oasis Montaj.

The flight path was drawn using linear interpolation between x.y positions from the navigation system. Positions are updated every second and expressed as UTM eastings (x) and UTM northings (y).

Electromagnetic Data

(ieoiech Lid. - Report on an Airborne Geophvsical Survev 10 A three stage digital filtering process was used to reject major sferic events and to reduce system noise. Local sferic activity can produce sharp, large amplitude events that cannot be removed by conventional filtering procedures. Smoothing or stacking will reduce their amplitude but leave a broader residual response that can be confused with geological phenomena. To avoid this possibility, a computer algorithm searches out and rejects the major sferic events. The filter used was a 16 point non-linear filter.

The signal to noise ratio was further improved by the application of a low pass linear digital filter. This filter has zero phase shift which prevents any lag or peak displacement from occurring, and it suppresses only variations with a wavelength less than about l second or 20 metres. This filter is a symmetrical l sec linear filter. The results are presented as stacked profiles of EM voltages for the gate times.

Magnetic Data

The processing of the magnetic data involved the correction for diurnal variations by using the digitally recorded ground base station magnetic values and the adjustment using the flight-line and tie-line information to level the survey data set. The base station magnetometer data was edited and merged into the Geosoft GOB database on a daily basis. The aeromagnetic data was corrected for diurnal variations by subtracting the observed magnetic base station deviations. The corrected magnetic line data from the survey was interpolated between survey lines using a random point gridding method to yield x-y grid values for a standard grid cell size of approximately 0.25 cm at the mapping scale. The Minimum Curvature algorithm was used to interpolate values onto a rectangular regular spaced grid.

- Report on an Airborne Geophysical Survey 11 8. RESULTS

The TDEM survey over the Vanguard Property yielded a number of anomalies. The main magnetic futures of the block have SWW-NEE trend. Most of the EM groups of anomalies follow the trend of the magnetic futures. The big group of anomalies is located in the middle of the block trending SW-NE. This chain of EM anomalies is approximately 3 km long. The EM responses are moderate-strong. Another group of EM anomalies is located in the north-west corner of the block with the same SWW-NEE trend, edging the magnetic high. The East in-fill area detected a number of anomalies with the weak to moderate EM response and with the centre at approximately 687800W, 5390760N. A special interest might present two groups of anomalies. The first one was detected on two adjacent lines with the centre at 681600W, 5389950N. This anomaly has a strong EM response on one line. The second anomaly has the centre at 681 HOW, 5388790N and was detected on three adjacent lines. The EM response on these lines is moderate.

9 CONCLUSIONS

A time domain electromagnetic helicopter-borne geophysical survey has been completed over the Vanguard Property in Ontario. Areal coverage amounts to 63.6 km2. Total survey line coverage is 527.7 line kilometres. Sensors included a Time Domain EM system and a magnetometer. Results have been presented as colour line maps at a scale of 1:20,000.

A number of EM anomaly groupings were identified. Ground follow-up of the EM anomalies should be carried out if favourably supported by other geoscientific data.

Respectfully submitted,

Andrei Bagrianski, Geotech Ltd.

CaoU'cli l-id. . Rep0rt On an Airborne Geophysical Survey 12 WHirrnv OF Kurmim MVIUnierT ANC MWEI Mining Land Tenure ^ - Movmcui. uinta Map CANADA maaaanoma

Cala.' Time of Istua: F rt May OB 00:55:36 EOT 2003 TOWNSHIP l AREA PLAN KASHABOWIE LAKE AREA G-2714 'r, ©U©- -*iStKff-.^''^^^3*,^...i,' .,, e;J?W- -,i

ADMINISTRATIVE DISTRICTS l H^ISIONS Mining Division Thunder Bay Land Titles/Registry Division THUNDER BAY Ministry of Natural Resources District THUNDER BAY

TOPOGRAPHIC La rtd Tenure

MmtMrVli* BtundXn

SUftIO And Unino Rijl

prwwic* Pirk

. Surtw* AndWmngR.

9urfi*w R^htl Oriy

Wrtns PflfihB Oniy

Fi E And Mn*^] Rignm

•BWT^. .--JTOJ '5.3^***"^'* - H Ei *. v^Ss:*fi!*^^...-liJ Id Mntng R^hn Oily

r^"j UiMJ Lfea Pumirt

njTl Otdt*- in CCUTOI (Not cpen tcx G ... . s 1234567

1231567 i

LAND TENURE WITHDRAWALS

13M Amt Bl Tyo

SuilwiAi R^jlib Oity Unng Rrgt* Ortf V* Craw m council tffi sfeier^i^^JL^i^ SuKKv htqntf 04) •v^nc**" Unng Ri^hti Only *

IMPORTANT NOTICES

Scale 1:50,000

r f':.--' .' t—-- :-~:^-*fi- © © -.

3301

hie r,ap mflv rvy B.-,OW urr land terure s no in:e-es:e i- fi1 Office o* ttia MtiiK-y cf Wo-*n©m Dave*oD~isn| ^ofi M r** f General Infonnatlo-i antl L m tatiora Ccnlad In'armilion -fl n 311:9. ,ceic*9, or ottiw fo-msof Oitpost on a' - (hlo a P'svnaa 'jtlning Hecnr-efi "ffl^a *ron 'he Oowr Al^o cerla-n ^ra '.eriKft snd ipnd urie 'Al lvl Gr**n k/Hl*' C*nfr* (33 Rim**y La-a 9jun,e. -fcinJai Mirang Rft^ortorV Ofllt* Sudbury ON P3I 035 Vir r j Lau-- Tenw-e -90-34' -90"32'

l i y i i f i i i lE5© ih\ Sas *it "Aas;\ f. "Avn s j f i 9 Survty 9p*ciftcttiorn; AJto*n: A^v H Itricof Right Uim afl-nO ' * m-r-

EM MfiKf IB'41 rratni i Insfrunientt;

i OBZU Hlf h SMMMtyCaiilwi '-

Contour IniirvM:

i H i i i i M M H i i i f i i H P j l 3 If 5: H l l i

l"? Sea li 1120000 is* Q 3SO 5W 750, 1C30 15CO

Canadian Golden Dragon Resources Ltd. Kashabowie Area, Thunder Bay Vanguard Property Dream Catcher TEEM System Total! Field Magnetics (Contours)

Rown and processed by GeotscH LW: 30 Induitrtal Partway S , 680000 684000 seaooo S88000 690000© Aurora, Ontario, Canada L4G 3W2 -90034' -9CT30- -9(T28© -9Q326© Marcti 2003 -90"26' -90"30' -90-28' -90034' -90"32' 690000 ______680000______882000______684000______686000 ——688000l—— i i i H i i H i H i i M i H i l i i H i U H( M M i i'1* J"^ j J

'5*i i M.— worwurm- evmrvn n*AUN*OtM*M*S MMM tenth dwrann von CM WttOf tt 49 ItNdM WMW Erwtrumtnw: CbmnCMctmTkM Vi f- i- -i - ;-r ' : RtfTj OHHOTU 0*2M OKamuiixl, \ i i^iil I J U H0i SVMIMy CMtan UtgflpMM* .^!rtU.1 r J. r I'fl; .M- i f iU L "iiivhlb 'If'1 ; i f rH4J. -, h (ri i ! ;;t' il' MM RMtkJOMi- - OJO nT it WtwitplM/i i. h Pi: i i; 11 illiirl'i/^1 )1 !! 11 t* fi S i K h ! j E i U,S' ;^i •i' ! -i - S * ;! * ji?l rO-'-WniJr f ' l l f l i U .i. i. ?!SJL j;t ? iife i.?-? i;;'i M i^rH HHffla •iffi -^ ;; '^ (11124 i rKi -- ;- ! i: ^ :S, hi. 1 : J- o; i ,i l f' ^ y l 3*11183 Profiles scale 1 mm * 0.05 mkV TT (i l! S ainizs,"M 1 (Linear between +/-0.1 mkV. f: Mid IOT logarithmic above 0.1 mkV) fit f i- i •HoeMJ j1 'i ? ' l|4: S i 1846703 r/ *3 M z-205 ;M Z-240 z-285 f f f TT r!'; 1^42497 ! . M'f 2-340 g l' J o i.. fr s l l z-565 5? 1242^03 t . ! l z-670 i ! f H2165ft l l fe I-BOO CJ z-950 •R OB f 300)090 1:1467(72 [ft z-1120 li .f t- ir. m z- 1 330 S l' 1.1580 o t- ^ :^H Z-1SBO 9 i1242* \(\ fi-^ z- 22 3D i | l l 1 1 l J 1-3170 ill {1064689 z- 3770 iL 12424,96 ;M z-4450 i \ ^iii Z-52BO Z.B330 ! i i i l rT2i 15^3

1245729 x1 L-4- Will II ill l l i l l 1215728 1J248547 ' i 1242609 J1 !! Mi i! l Jj 1064688 i i l M .Mjiii iM^MijlijlUtttH ' 30104BS liU S7S59I t l l i l i iy i i ! 12^9688 i i : !!.! ili!iii:l !! ! iiteP l l ! i - ! . i t ('iH i l | j l i l i i i i ;' ! l l i ' i ( ' l i l ' \Sf l ' j i M 0486 j ] 1124,260? l i H H H H i i H'i H Ui i H ii i MM H i i 2 i i i i i 936976 938970 l i i i i i MM 938977

• -tati* o Seal* 1:20000 88 2M^ ^ o __ :ao SOT Tap loco ino iaoo 11509

i i Canadian Golden Dragon Resources Ltd. Kashabowie Area, Thunder Bay ; -f K i\ l Vanguard Property 3fOyJ08 i *: A i ; *. li l Dream Catcher IDEM System Voltage Profiles Channels 7,205-7,6330

* -- '- i ' is ? ! M Fkwn and procnMd by Geotedi Ltd ; l i ' i ' ' 30 InOustrta) Parkway S . 690000 Aurora. Ontario, Canada L4G 3W2 -90034' 680000 -908820000 32' 684000 -90"30' 686000 -90"28' 688000 -90-26' Marcti2003 ONTARIO MINISTRY OF NORTHERN DEVELOPMENT AND MINES Work Report Summary

Transaction No: W0340.00893 Status: APPROVED Recording Date: 2003-MAY-23 Work Done from: 2003-FEB-11 Approval Date: 2003-MAY-28 to: 2003-FEB-12

Client(s): 137526 CANADIAN GOLDEN DRAGON RESOURCES LTD.

Survey Type(s): AE M AMAG

Work Report Details: Perform Applied Assign Reserve Claim* Perform Approve Applied Approve Assign Approve Reserve Approve Due Date TB 1064687 5871 5871 52,400 52,400 SO 0 50 so 2004-AUG-02 TB 1064688 81,527 51,527 54,400 54,400 so 0 SO so 2004-JUL-27 TB 1064689 51,125 51,125 52,800 52,800 so 0 SO so 2004-AUG-07 TB 1187559 3136 5136 SO 50 5136 136 50 SO 2004-MAR-08 o TB 1187652 S435 5435 51,200 51,200 SO 0 SO SO 2004-NOV-19 o TB 1218593 31,776 51,776 53,200 53,200 SO 0 SO SO 2004-MAY-28 a\ TB 1218594 32,104 52,104 55,600 55,600 SO 0 SO so 2004-JUN-06 TB 1218595 32,209 52,209 56,400 56,400 so 0 SO so 2004-DEC-06 TB 1218596 31,915 51,915 55,600 55,600 so 0 SO SO 2004-DEC-06 TB 1218597 3290 3290 SO SO 5290 290 SO SO 2004-AUG-06 W Wo: TB 1240532 3698 5698 SO 50 S698 698 SO so 2005-JUN-01 TB 1240533 31,425 51,425 SO 50 51,425 1,425 so so 2005-JUN-01 TB 1242495 5565 5565 S483 5483 582 82 SO SO 2003-DEC-19 TB 1242496 5244 5244 S244 S244 SO 0 SO so 2003-DEC-19 ws TB 1242497 51,127 51,127 so 50 51,127 1,127 SO SO 2004-FEB-21 TB 1242498 51,680 51,680 SO 50 51,680 1,680 SO so 2004-MAR-21 TB 1242499 5209 S209 SO 50 5209 209 SO so 2004-APR-27 TB 1242500 5607 5607 so 50 5607 607 SO so 2004-APR-27 TB 1242511 5224 5224 5800 S800 SO 0 so so 2004-DEC-18 TB 1242602 51,409 51,409 55,600 55,600 SO 0 SO so 2004-JUN-18 TB 1242603 5345 5345 5800 5800 SO 0 so SO 2004-DEC-18 O m TB 1242608 5846 5846 51,600 51,600 SO 0 so so 2004-DEC-18 TB 1242609 51,579 51,579 SO 30 51,579 1,579 SO so 2004-MAR-26 TB 1245728 5410 5410 SO 50 5410 410 SO SO 2004-MAR-26 TB 1245729 5509 5509 SO 50 5509 509 SO 50 2004-MAR-26 TB 1246763 51,000 51,000 SO 50 51,000 1,000 SO so 2004-MAR-29 TB 1246772 52,095 52,095 56,400 56,400 SO 0 so so 2004-JUN-06 TB 1249547 52,109 52,109 SO 50 52,109 2,109 SO 50 2004-FEB-07 TB 1249548 5343 5343 SO 50 5343 343 SO SO 2004-FEB-07 TB 3001508 51,021 51,021 SO 50 51,021 1,021 SO so 2004-MAY-15 TB 3001509 51,191 51,191 SO 50 51,191 1,191 SO so 2004-MAY-15 TB 3001510 51,349 51,349 so 50 51,349 1,349 SO so 2004-MAY-15 TB 3001588 5302 5302 50 SO 5302 302 SO so 2004-JUL-11 TB 3001590 51,351 51,351 so SO 51,351 1,351 SO so 2004-AUG-15 TB 3001591 5433 5433 50 SO 5433 433 50 so 2004-JUL-02

2003-Jun-05 14:10 Armstrong-d Page 1 of 2 ONTMIO MINISTRY OF NORTHERN DEVELOPMENT AND MINES Work Report Summary

Transaction No: W0340.00893 Status: APPROVED Recording Date: 2003-MAY-23 Work Done from: 2003-FEB-1 1 Approval Date: 2003-MAY-28 to: 2003-FEB-12

Work Report Details: Perform Applied Assign Reserve Claim* Perform Approve Applied Approve Assign Approve Reserve Approve Due Date TB 3005088 32,137 32,137 so 50 S2.137 2,137 SO SO 2005-JAN-27 TB 3005089 3794 3794 SO 50 5794 794 SO SO 2005-JAN-27 TB 3005090 S2,203 52,203 so SO 32,203 2,203 SO SO 2005-JAN-27 TB 3005091 3148 3148 so so 5148 148 SO SO 2005-JAN-27 TB 3010484 S277 3277 so SO 3277 277 SO SO 2004-SEP-16 TB 3010485 S148 3148 so so S148 148 SO SO 2004-SEP-23 TB 3010486 S242 3242 so SO 3242 242 30 SO 2004-SEP-23 TB 3011123 S2,010 32,010 so 30 32,010 2,010 SO SO 2005-JAN-27 TB 3011124 82,034 32,034 so 30 32,034 2,034 SO SO 2005-JAN-27 TB 3011125 82,075 32,075 so SO 52,075 2,075 SO SO 2005-JAN-27

347,527 347,527 547,527 547,527 329,919 329,919 SO SO

External Credits: SO

Reserve: SO Reserve of Work ReporW: W0340. 00893

SO Total Remaining

Status of claim is based on information currently on record.

2003-Jun-05 14:10 Armstrongjj Page 2 of 2 MINISTRY OF NORTHERN DEVELOPMENT AND MINES Work Report Summary

Transaction No: W0340.00895 Status: APPROVED Recording Date: 2003-MAY-23 Work Done from: 2003-FEB-11 Approval Date: 2003-MAY-28 to: 2003-FEB-12

Client(s): 154398 KUKKEE, KENNETH ROBERT

Survey Type(s): AEM AMAG

Work Report Details: Perform Applied Assign Reserve Claim* Perform Approve Applied Approve Assign Approve Reserve Approve Due Date TB 1238679 S133 S133 S133 S133 SO 0 SO SO 2005-FEB-17 TB 1239688 S143 S143 S143 S143 SO 0 SO SO 2005-FEB-17

S276 S276 S276 S276 SO SO SO SO

External Credits: SO

Reserve: SO Reserve of Work Report*: W0340.00895

SO Total Remaining

Status of claim is based on information currently on record.

2003-Jun-05 14:27 Armstrong-d Page 1 of 1 Ministry of Minisiere du Northern Development Developpement du Nord and Mines et des Mines Ontario

GEOSCIENCE ASSESSMENT OFFICE Date: 2003-MAY-30 933 RAMSEY LAKE ROAD, 6th FLOOR SUDBURY, ONTARIO P3E6B5

CANADIAN GOLDEN DRAGON RESOURCES LTD. Tel: (888)415-9845 960 LAWRENCE AVE., SUITE 303 Fax:(877)670-1555 NORTH YORK, ONTARIO M6A 3B5 CANADA

Submission Number: 2.25700 Transaction Number(s): W0340.00893 Dear Sir or Madam W0340.00895

Subject: Approval of Assessment Work

We have approved your Assessment Work Submission with the above noted Transaction Number(s). The attached Work Report Summary indicates the results of the approval.

At the discretion of the Ministry, the assessment work performed on the mining lands noted in this work report may be subject to inspection and/or investigation at any time. If you have any question regarding this correspondence, please contact STEVEN BENETEAU by email at [email protected] or by phone at (705) 670-5855.

Yours Sincerely,

Sheila Lessard Acting Senior Manager, Mining Lands Section

Cc: Resident Geologist Assessment File Library Roger John Caven Canadian Golden Dragon Resources Ltd. (Agent) (Claim Holder)

Canadian Golden Dragon Resources Ltd. Kenneth Robert Kukkee (Assessment Office) (Claim Holder)

Kenneth Robert Kukkee (Assessment Office)

Visit our website at http://www.gov.on.ca/MNDM/LANDS/mlsmnpge.htm Page: 1 Correspondence 10:18333 MIMMTRT Of HOIITHIRH Df VEtOraniT AND KIKES Mining Land Tenure ONTARIOCANADA PROVINCIAL MININO Map 52B09NW2018 2.25700 KASHABOWIE LAKE 200

Date l Time of Issue: Frt May 30 11:00:31 6DT 2003 TOWNSHIP l AREA PLAN BURCHELL LAKE AREA 0-0706

ADMINISTRATIVE DISTRICTS l DIVISIONS Mining Division Thunder Bay Land Titles/Registry Division THUNDER BAY Ministry of Natural Resources District THUNDER BAY

TOPOGRAPHIC Land Tenure

AdmHcMivetoUfldarlet FreenoH Patent Tcwrahlo nri *uraK*AndMMngRJghu

Ceot*Mlon. Ul p5 SuifaceRlalMOnly

LMnehcMPaHM cuff, PH i PU. SI eurlanmgMiOnly Conttur 1*1

MIMSKrt.

MtwHodfrarM PH ' UietNotSpacM

rf] Sutfao* And MHng Rights

fi?] 3urfenR.BW.CWy

...... Natural Gat "(patina

....., uwun fc

4. Tower Order In Council (Not optn for itakMo.)

Water Power Lease Agreement

MMngCttM

LAND TENURE WITHDRAWALS

1234 j V

rw*fWOoujijiilwwidrawa|fy|iet W*!1" W*m

IMPORTANT NOTICE li

•elk 1:WMI

LAND TENURE WITHDRAWAL DESCRIPTIONS Identiller Type DM* Description

W-NCR-04** Wl Apr 4.1884 8.R.O. WITHDRAWN FROM STAKING SEC 38, ORDER W-NCR-0&" 2.25700 AEM i inns wishing to stake mining dalms should consult with the Provincial Mining Recorders' Office of the Ministry of Northern Development and Mines for additional General Information and Limitations This map may not show unregistered land tenure and Interests In Information on the status of the lands shown hereon. This map Is not Intended for navigational .survey, or land tltte determination purposes as the Information Contact Information: ToKFrM M*p Datum: NAD 83 llnd inohidlng cerUin pltentl, IwilH, MMRwnU, rtohtofwayt, shown on this map Is compiled from various sources.. Completeness and accuracy are not guaranteed. Additional Information may also tie obtained through the Provincial Mining Recorders' Office Tel- 1 ((88} 415-9845- ext STMfcJedion: UTM (S degree) flooding rights, licences, or other forms of disposition of rights and Ingalllocal Lend anrt TIH**Title* nror Rftfllqtn/Registry OtHtm.OfHce,, or the MinletrvMinletry of NehiraiNatural Retourcea.Resource* UHK.IWIHete n..Qreanreanu kim.,Minerer /t.****Centrer ft^a933 D*HRamsaya Lam Roed Fax:ax: 1 (477) STO-1444- Topographico Data Source: Lend Informationn Ontario Intwwt from the Crown.. Also certain land tenure end tend u*ei AMAG Sudbury ON P3i 685 Mining Land Tenure Source: Provincial Mining Recorders' OWee l"" """W w V"**W *" "*V l0 **** miring dalms may not be The Intorawtlon ehown la derived from digital date available In the Provincial Mining Recorders' CWce at the time of downloading from the MlnHtry of Northern Home Cage: ww*.mndm.tov.on.ce*tND)*MINeSnJ^NDSteilimntJge.htm lllu*eted. nmmlnnm*nt *nri MlnMti w*h flttA -900 34' -900 32' -900 30' -9Q0 28' -900 26' 682000 684000 680000 ~r 686000 ——r688000 690000

Survey Specifications: Aircraft: Astar BA helicopter, Registration C-GLNE Flight Line Spacing: 150 metres - West Part 100 metres-East Part Flight Line Direction: N-S Nominal terrain clearance 80 metres EM sensor is 45 metres under helicopter Instruments: Dream Catcher Time Domain Electromagnetic System, with concentric Rx/Tx geometry Geometrics G823A Optically-pumped, High Sensitivity Cesium Magnetometer Mag Resolution 0.02 nT at 10 samples/sec Navigation: Ashtech GG24 Board S Sensor, Update Rate 1 Hz

Profiles scale 1 mm - 0.05 mkV (Linear between +/-0 . 1 mkV, logarithmic above 0.1 mkV)

z-405

2-800

Z-6330

Scale 1:20000 500 750 1000 1250 1500 metre O H NAD27 1 UTM zone 15N CN

Canadian Golden Dragon Resources Ltd. mg Kashabowie Area, Thunder Bay Vanguard Property Dream Catcher IDEM System Voltage Profiles Channels z 205-z 6330

Flown and processed by Geotech Ltd. 682000 30 Industrial Parkway S., -900 34' 680000 -900 32' 900 30' Aurora, Ontario, Canada L4G 3W2

i Project A2003 March 2003 -900 34' -900 32' -900 30' -9Q0 28' -900 26' 684000 680000 682000 686000 688000~r 690000

Survey Specifications: Aircraft: Aster BA helicopter, Registration C-GLNE Flight Line Spacing: 150 metres - West Part 100 metres - East Part Flight Line Direction: N-S Nominal terrain clearance 80 metres o EM sensor is 45 metres under helicopter o o Instruments: CM ~ Dream Catcher Time Domain Electromagnetic System, Oi CO with concentric Rx/Tx geometry IO Geometrics G823A Optically-pumped, High Sensitivity Cesium Magnetometer Mag Resolution 0.02 nT at 10 samples/sec Navigation: Ashtech GG24 Board Si Sensor, Update Rate 1 Hz

O o o o 0} CO

CO CO sT1910 ~- o 00

o o o 00 CO CO LO

Contour intervals: ____ 10 nT ____ 50 nT ____ 200 nT

T192O N-

Oo o CD Scale 1:20000 00 CO 250 O 250 500 750 1000 1250 1500 o LO CN metre CN CD NADZr/UTMzonetSN CO o OD

•sAW rt Canadian Golden Dragon O Resources Ltd. Kashabowie Area, Thunder Bay Vanguard Property Dream Catcher IDEM System Total Field Magnetics (Contours)

Flown and processed by Geotech Ltd, 30 Industrial 682000 Parkway S., -9Q0 34' 680000 -900 32' Aurora, Ontario, Canada L4G 3W2

Project AMOS March 2003