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Ample Goldmax 2019 Geochemical Assessment

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Ministry of Energy and Mines Assessment Report BC Geological Survey Title Page and Summary TYPE OF REPORT [type of survey(s)]: Geochemical TOTAL COST: $8717.54 AUTHOR(S): A.Carpenter, Craig A. Lynes SIGNATURE(S): NOTICE OF WORK PERMIT NUMBER(S)/DATE(S): YEAR OF WORK: 2019 STATEMENT OF WORK - CASH PAYMENTS EVENT NUMBER(S)/DATE(S): 5819772 Nov 30/2020 PROPERTY NAME: Ample-Goldmax CLAIM NAME(S) (on which the work was done): 1033879, 1034717, 1038518, 1038526, 1038524 COMMODITIES SOUGHT: Au-Ag-Cu-Zn MINERAL INVENTORY MINFILE NUMBER(S), IF KNOWN: MINING DIVISION: Lillooet NTS/BCGS: NTS : 092I/12W, 092J/09E BCGS : 092J070 o '" o '" LATITUDE: 50 38 45 LONGITUDE: 122 02 50 (at centre of work) OWNER(S): 1) Craig A. Lynes 2) MAILING ADDRESS: #58 3350, 10th avenue Salmon Arm, BC V1E 1J6 OPERATOR(S) [who paid for the work]: 1) American Creek Resources 2) MAILING ADDRESS: Box 70 #92, 2nd Ave West Cardston, AB T0K 0K0 PROPERTY GEOLOGY KEYWORDS (lithology, age, stratigraphy, structure, alteration, mineralization, size and attitude): Cayoosh Assemblage, Bridge River Complex Visible gold in Quartz veins, Cayoosh Creek Thrust Fault. REFERENCES TO PREVIOUS ASSESSMENT WORK AND ASSESSMENT REPORT NUMBERS: 36394, 24360, 23274 Next Page TYPE OF WORK IN EXTENT OF WORK ON WHICH CLAIMS PROJECT COSTS THIS REPORT (IN METRIC UNITS) APPORTIONED (incl. support) GEOLOGICAL (scale, area) Ground, mapping Photo interpretation GEOPHYSICAL (line-kilometres) Ground Magnetic Electromagnetic Induced Polarization Radiometric Seismic Other Airborne GEOCHEMICAL (number of samples analysed for...) Soil 38 $2073.32 Silt Rock 11 $2132.2 Other Pan Concentrate - 2 $991.10 DRILLING (total metres; number of holes, size) Core Non-core RELATED TECHNICAL Sampling/assaying $3520.92 Petrographic Mineralographic Metallurgic PROSPECTING (scale, area) PREPARATORY / PHYSICAL Line/grid (kilometres) Topographic/Photogrammetric (scale, area) Legal surveys (scale, area) Road, local access (kilometres)/trail Trench (metres) Underground dev. (metres) Other TOTAL COST: $8717.54 2019 GEOCHEMICAL ASSESSMENT REPORT AMPLE­GOLDMAX PROPERTY Event Number: 5819772 Nov. 30/2020 Claims Worked On: 1033879, 1034717, 1038518, 1038526, 1038524 Located in the Lillooet Mining Division British Columbia, Canada NTS Map Sheet: 092I/12W, 092J/09E BCGS Map Sheet: 092J070 50° 38' 45" North Latitude 122° 02' 50" West Longitude Prepared for: Prepared by: Craig A. Lynes Prospector #58 3350, 10th avenue Salmon Arm, BC V1E 1J6 A. Carpenter, P.Geo. Flow Geodata 818 Second St W. Revelstoke, BC V0E 2S0 May 26, 2020 Assessment Report on the Ample­Goldmax May, 2020 TABLE OF CONTENTS 1 INTRODUCTION ............................................................................................................. 1 2 LOCATION, ACCESS & PHYSIOGRAPHY .................................................................... 3 3 LAND TENURE AND CLAIM STATUS ........................................................................... 4 4 EXPLORATION HISTORY .............................................................................................. 7 5 GEOLOGY ...................................................................................................................... 9 5.1 REGIONAL AND LOCAL GEOLOGY .............................................................................................. 9 5.2 PROPERTY GEOLOGY AND MINERALIZATION .......................................................................... 12 5.2.1 Mineralization .................................................................................... 12 6 2019 AMPLE-GOLDMAX EXPLORATION PROGRAM ................................................ 18 7 SAMPLE COLLECTION AND ANALYSIS .................................................................... 21 8 DISCUSSION AND CONCLUSIONS ............................................................................ 23 REFERENCES ......................................................................................................................... 24 LIST OF FIGURES Figure 1-1. General location map, Ample-Goldmax Property, south-central British Columbia. ............................... 2 Figure 2-1: Typical Physiography on the Ample Goldmax Property (Source: C. Lynes, 2018) .................................. 3 Figure 3-1. Ample Goldmax Tenure Map ................................................................................................................ 6 Figure 4-1: Golden Cache Mine .............................................................................................................................. 8 Figure 5-1: Regional Geology and Mineral Occurrences ....................................................................................... 10 Figure 5-2: Regional Geology of the Ample Goldmax area ................................................................................... 11 Figure 5-3: Ample-Goldmax Known Gold Bearing Zones ...................................................................................... 14 Figure 6-1: 2019 Soil Sampling Locations and Results .......................................................................................... 19 Figure 6-2: 2019 Rock Sample and Pan Concentrate Locations and Results .......................................................... 20 LIST OF TABLES Table 3-1: Ample Goldmax Tenures ....................................................................................................................... 4 Table 4-1: Historical Drilling at Ample-Goldmax .................................................................................................... 8 Table 7-1: Upper and Lower limits for ICP-AES analyses (ALS ME MS41 package) ................................................ 21 Table 7-2: Upper and Lower limits for Au- Cyanide extraction ............................................................................. 21 Prepared by Rich River Exploration Ltd. For American Creek Resources Ltd. Page i Assessment Report on the Ample­Goldmax May, 2020 APPENDICES APPENDIX I Statement of Costs APPENDIX II Statement of Qualifications APPENDIX III Samples Detail Tables APPENDIX V Assay Certificates Prepared by Rich River Exploration Ltd. For American Creek Resources Ltd. Page ii 1 INTRODUCTION The Ample­Goldmax mineral property consists of twenty­three (23) mineral claims totaling 983.52 hectares. The mineral tenures are within the Lillooet Mining Division N.T.S.: NTS Map 092I12W, 092J09E, BCGS Map 092J070. The center of the Ample­Goldmax mineral property is located at Latitude 50º 38' 45" N Longitude 122º 02' 50" W, UTM 10 (NAD 83) Northing 5610875 – Easting 567363,Mineral tenures are registered 100% to FMC # 116233, Craig A Lynes, Box 131, Grindrod, British Columbia, V0E 1Y0. (Source: BC government mineral titles website https://www.mtonline.gov.bc.ca/mtov/home.do) The property is optioned to American Creek Resources Ltd. http://www.americancreek.com/ they are the operators of this property and are funding this work. Access to the Ample­Goldmax property can be obtained from Lillooet, on highway 99, via a distance of 12 kilometers. Various logging and mining roads and trails access within the claim boundaries. Some of the access trails to the property are suitable for ATV’s and 4WD vehicles, whereas 2WD vehicles are restricted to main roads. The Ample­ Goldmax property occupies south, southwest and southeast facing slopes of a precipitous mountainous terrain of the Cayoosh Range. The property is vegetated by pine and fir trees which are in various states of growth. The Ample­Goldmax property is underlain by argillite, phyllite and schist, of the Mississippian to Jurassic Bridge River Complex (Group), which has been recumbently folded and is cut by numerous shears and faults The area was host to placer gold production from Cayoosh Creek, which runs through the middle of the property, and saw gold production from the Ample Mine and the Golden Cache Mine, both of which are located within the property boundaries. Modern gold exploration activities were carried out on the property by Homestake Canada Inc. from 1995 through 1997, and by Gold­Ore Resources Ltd. during 1998 and 1999. Between the two companies, a total of 5,500 meters of diamond core drilling was carried out in 35 diamond drill holes, identifying several zones of gold mineralization. The 2019 Exploration program was conducted between October 15th and October 21st and included the collection of 40 soil samples, 11 rock samples and 2 pan concentrate samples. The program identified a significant 500m soil anomaly along a N­S trending portion of highway 99 with associated gold anomalies in scree. Rock samples AG19CR05 and AG19CR11 returned Au values of 5.24 and 3.45 g/t Au respectively. This zone may be associated with the Bonanza Ridge zone (See Figure 5­3) located to the east. Figure 1-1. General location map, Ample-Goldmax Property, south-central British Columbia. 2 LOCATION, ACCESS & PHYSIOGRAPHY The property is accessed by BC Highway 99 (Duffey Lake Road), which runs through the central part of the claim group from the northeast to the southwest. The AMPLE zone is accessed off of this highway, then up a steep access road that extends approximately 1.7 km from the highway up into the drilling area. The highway is paved and is accessible all year. The steep access road has an average slope of 21% and is accessible only to four­wheel drive vehicles. The town of Lillooet, with a population of around 3,500, has a number of motels and restaurants and is well situated for easy access to the Bonanza­Goldmax
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