Summary Report on the INCAMAYO PROPERTY Salta Province Argentina Latitude 24˚ 42' S, Longitude 66˚ 22' W with Recommendations for Further Exploration
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Summary Report on the INCAMAYO PROPERTY Salta Province Argentina Latitude 24˚ 42' S, Longitude 66˚ 22' W with Recommendations For Further Exploration for Brigadier Gold Ltd P.O. Box 94540 2900 Steeles Avenue East Thornhill, Ontario L3T 7R5 By Thomas H. Carpenter, BSc, PGeo* and John R. Breedlove, MSc, CPG** *Discovery Consultants 201 – 2928 29th Street Vernon, B.C. V1T 5A6 Telephone: (250) 542-8960 Fax: (250) 542-4867 Mail: P.O. Box 933 Vernon, B.C. V1T 6M8 e-mail: [email protected] **Resource Geological Services Inc. 44 Boutelle Rd Bangor, Maine, 04401 Telephone: (207) 992-3756 e-mail: [email protected] November 10, 2011 DISCOVERY Consultants T.H. Carpenter, BSc, Geo J.R. Breedlove, MSc, CPG Table of Contents Page 1.0 Summary ............................................................................................................. 1 1.1 Term of Reference ........................................................................................ 1 1.2 Property Location, Description and Ownership .................................................. 1 1.3 Geology ...................................................................................................... 2 1.4 Mineralization .............................................................................................. 3 1.5 Exploration Concept and Status ...................................................................... 4 1.6 Conclusions ................................................................................................. 5 1.7 Recommendations ........................................................................................ 6 2.0 Introduction and Terms of Reference ........................................................................ 7 3.0 Reliance on Other Experts ....................................................................................... 8 4.0 Property Location and Description ............................................................................ 8 4.1 Location ...................................................................................................... 8 4.2 Overview of Argentina .................................................................................. 8 4.3 Metal Mining in Argentina ............................................................................ 11 4.4 Mining Industry and Legislation .................................................................... 11 4.5 Mineral Tenure ........................................................................................... 14 4.6 Royalties and Taxes .................................................................................... 14 4.7 Surface and Private Property Rights .............................................................. 15 4.8 Environmental Regulations, Permits, Environmental Liabilities .......................... 16 4.9 Property Mineral Tenure .............................................................................. 16 4.10 Agreements ............................................................................................... 19 5.0 Accessibility, Climate, Local Resources, Infrastructure and Physiography ...................... 19 6.0 Exploration History ............................................................................................... 20 7.0 Geological Setting ................................................................................................ 22 7.1 Regional Geology ............................................................................................ 22 7.2 Property Geology ............................................................................................ 26 8.0 Deposit Model ...................................................................................................... 28 9.0 Mineralization ...................................................................................................... 31 10.0 Exploration ......................................................................................................... 32 10.1 Mapping and Sampling Program ................................................................... 33 10.1.1 Program Parameters ....................................................................... 33 10.1.2 Program Results ............................................................................. 36 10.2 IP Survey .................................................................................................. 46 i DISCOVERY Consultants T.H. Carpenter, BSc, Geo J.R. Breedlove, MSc, CPG 10.2.1 Program Parameters ....................................................................... 46 10.2.1.1 Inversion ............................................................................ 48 10.2.1.2 IP Data Maps ....................................................................... 49 10.2.1.3 Program Results ................................................................... 49 10.3 Diamond Drilling Program ............................................................................ 51 9.3.1 Program Parameters ......................................................................... 51 9.3.2 Program Results .............................................................................. 51 11.0 Sampling Method and Approach ............................................................................. 63 12.0 Sample Preparation, Analyses and Security .............................................................. 63 13.0 Interpretations and Conclusions ............................................................................. 64 14.0 Recommendations ................................................................................................ 66 15.0 References .......................................................................................................... 68 List of Figures Figure 1 Location Map - Argentina .............................................................................. 9 Figure 2 Property Location ...................................................................................... 10 Figure 3 Mina and Cateo locations ............................................................................. 18 Figure 4 Regional Geology ...................................................................................... 23 Figure 5 Regional Structures .................................................................................... 25 Figure 5a Conceptual Model ....................................................................................... 30 Figure 6 Property Geology (1:2500) ................................................................. in pocket Figure 7 Rock Sample location map (1:2500) .................................................... in pocket Figure 8 Rock Sample location map - gold values (1:2500) .................................. in pocket Figure 9 Rock Sample location map – silver values (1:2500) ................................ in pocket Figure 10 Rock Sample locations – gold values bubble map ............................................ 34 Figure 11 Rock Sample locations – silver values bubble map .......................................... 35 Figure 12 IP chargeability map with grid – 4700 m level ................................................ 47 Figure 13 IP Survey – Fritz interpretation (1:2500) .............................................. in pocket Figure 13a IP Survey – Fritz interpretation ................................................................... 50 Figure 14 IP section L1900N with CG11-7 (1:10000) ............................................ in pocket Figure 15 IP Section L2100N with CG11-6 and 9 (1:10000) ................................... in pocket Figure 16 IP Section L2200N with CG11-3, 4 and 5 (1:10000) ............................... in pocket Figure 17 IP Section L2900N with CG11-1 and 2 (1:10000) ................................... in pocket Figure 18 IP Section L2900N with CG11-8 (1:10000) ........................................... in pocket Figure 19 Drill hole location map ................................................................................ 52 Figure 20 Cross section CG11-7 Sample Locations (1:500) .................................... in pocket ii DISCOVERY Consultants T.H. Carpenter, BSc, Geo J.R. Breedlove, MSc, CPG Figure 21 Cross section CG11-7 with Au and Ag values (1:500) ............................. in pocket Figure 22 Cross section CG11-7 with Cu and Zn values (1:500) ............................. in pocket Figure 23 Cross section CG11-6 and 9 Sample Locations (1:500) .......................... in pocket Figure 24 Cross section CG11-6 and 9 with Au values (1:500) .............................. in pocket Figure 25 Cross section CG11-6 and 9 with Ag values (1:500) ............................... in pocket Figure 26 Cross section CG11-6 and 9 with Cu and Zn values (1:500) .................... in pocket Figure 27 Cross section CG11-3, 4 and 5 Sample Locations (1:500) ....................... in pocket Figure 28 Cross section CG11-3, 4 and 5 with Au values (1:500) .......................... in pocket Figure 29 Cross section CG11-3, 4 and 5 with Ag values (1:500) .......................... in pocket Figure 30 Cross section CG11-3, 4 and 5 with Cu values (1:500) ........................... in pocket Figure 31 Cross section CG11-3, 4 and 5 with Zn values (1:500) ........................... in pocket Figure 32 Cross section CG11-1 and 2 Sample Locations (1:500) ........................... in pocket Figure 33 Cross section CG11-1 and 2 with Au and