PLACER ASSESSMENT REPORT X DOCUMENT NU: 120154 MAP NO. : PROSPECTUS MINING DISTRICT: Dawson 115N10 CONFIDENTIAL X TYPE OF WORK: Geological Evaluation OPEN FILE REPORT FILED UNDER: Roxanne Hilker DATE PERFORMED: September 7 - 29 1991 DATE FILED: April 13, 1992 LOCATION: LAT.: 63031'N ARFA: North Ladue River LONG.: 140150'W VALUE $ : 6,000.OO CLAIM NAME & NO.: Gem 1 -30, P34674 - P34703 WORK DONE BY: R. G. Hilker, P, Eng. - Tron Duik Consultants Ltd. WORK DONE FOR: Roxanne Hilker RFHARKS: 115 - N - North Ladue River Area. R. G. Hilker carried out an geological compilation and evaluation of the claims. The claims were explored and rotary drilled by a previous company during the 1980's. The potential exsists for mining a series of pay streaks. Much of the data was reported in previous reports by Hilker. The North Ladue River area is beginning to display renewed exploration activity due to the rebuilding of the Matson Creek road in 1991. Hilker hopes to raise funds for a proper mining plan. NORTH LADUE RIVER TRIBUTARY yw GEMINI CREEK DAWSON'MINING ,DIS?RICT', Y .T. t. N.T.S. SHEET 1 15-N-10 for ROXANNE HILKERICALGARY, ALBERTA ASSESSMENT WORK REPORT 29 NOV. 1990129 NOV. 1991 by R.G. HILKER, P.ENG. TRON DUlK CONSULTANTS LTD. This report has been exanic~di;y the Geological Evaluation Unit under Sction 41 Yukon Placer Mining Acf xdis recommended as allowable representation work in the amount of $ ..~,.Q.~C?.!...Q.~........... Chief Geologist, Exploration and Gcotogical Services Division, Northern Affairs Program for Commissioner of j' *:.37 f prritnry. 1991 PLACER GEOLOGICAL SURVEY COMPILATION PLACER REPORT SIXTYMILE GOLD DISTRICT, YUKON TERRITORY NORTH LADUE RIVER AREA on NORTH LADUE RIVER TRIBUTARY GEMINI CREEK LAT. 63'31 'NILONG 140°50'W GEM 1-30 P34674-703 CLAIMS DAWSON MINING DISTRICT, Y.T. N.T.S. SHEET 1 15-N-10 for ROXANNE HILKERICALGARY, ALBERTA ASSESSMENT WORK REPORT 29 NOV. 1990129 NOV. 1991 by R.G. HILKER, P.ENG. TRON DUlK CONSULTANTS LTD. CALGARY, ALBERTA EFFECTIVE DATE NOVEMBER 29, 1991 "CONFIDENTIAL REPORT" DAWSON MINING DISTRICT TABLE OF CONTENTS Pane SYNOPSIS GOLD PLACERS: 1-9 NORTH LADUE RIVER DISTRICT GEMINI-SODA-SPUD CREEKS INTRODUCTION: General. .. .. .. .. .. .. .. .. Figure #1 - Yukon Location Sketch LOCATIONIACCESS: North Ladue River AreaISixtymile Gold District .................................. Figure #2 - LocationIRoads-Gemini Airstrip YUKON PLACER CLAIMS: GemISodalSpud Placer Claims ........................................................ Figure #3 - Yukon Placer Claims (Pocket) HISTORY OF SIXTYMILE GOLD DISTRICT General History ............................................................................. Comparison Gold Fineness-Sixtymile HISTORY MATSON CREEK General Description ....................................................................... Previous Mining Operations 1978-1985 ........................................... Summary Production Data 1985 ..................................................... Previous Production Weighted Average Value .................................. Matson Creek Heavy ConcentrateIPlacer Gold ................................... Gradient Matson CreekKributaries ................................................... HISTORY NORTH LADUE RIVER AREA Geological Survey Canada Memoirs................................................. Early Prospecting North Ladue River ................................................. NORTH LADUE RIVER PROJECT 1981 PROGRAMME General Description ...................................................................... Summary 198 1 Exploration................................................. ... ........ PLACER EXPLORATION NORTH LADUE RIVER 1981 Tributary Creeks Drilled 198 1 ....................................................... Summary Drilling Completed .......................................................... 1 98 1 Drill Holes GeminiISodalSpud Creeks.. .. .. .. GENERAL PLACER GEOLOGY Klondike Gold Field Geology ........................................................... General Description of Placer Gravels .............................................. Klondike District Permafrost ........................................................... Principles of Placer Deposits .......................................................... Description of Gravels .................................................................... Units of Water Measurement ......................................................... Miners Inch-Water Measure ........................................................... SIXTYMILE GOLD FIELD GEOLOGY General Geology ........................................................................... Rock Type Lithology .G.S.C. ......................................................... Table Formations .Stewart Sheet ................................................... Figure #4 . General Geology Sixtymile Area NORTH LADUE RIVER AREA GEOLOGY General Geology Description .......................................................... Topography of the Region ............................................................. Gold Bearing Gravels ..................................................................... BIBLIOGRAPHIC REFERENCE TO GEOLOGY DATA ............................. PLACER PROPERTY DEVELOPMENT General Description ...................................................................... Sensitivity Factor ......................................................................... Drilling Method Exploration ............................................................ ECONOMIC PLACER EVALUATION Inferred Gravel ReservesIGrade ...................................................... Ontario Securities Commission Policy ............................................. FinenessIShape & Size Placer Gold ................................................. GOLD COLOR CLASSIFICATION METHOD Gold Placer Gravel Sampling .......................................................... Gold Color Classification Method .................................................... Placer Drill Sampling ..................................................................... Uncased or Small-Diameter Drill Holes ............................................. Placer ExplorationIDevelopmentlProduction Stages ........................... 1991 PLACER GEOLOGICAL SURVEY Gemini-Soda-Spud Creeks ............................................................. Placer Project Schedule ................................................................. Placer Geological Survey Personnel ................................................. DISCOVERY NORTH LADUE RIVER PLACERS Ladue River (Early 1890s) Joe Ladue .............................................. Sixtymile/North Ladue River Gold District ........................................ Placer Search Ladue & North Ladue Rivers 1886-1896 ...................... Matson Creek Discovery 19 1 1-1942 .............................................. North Ladue-Treadwell Yukon Company 1920 .................................. Espland-Ellingson Partnership 1973 ................................................. Espland-Ellingson Partnership 1975 ................................................. Espland-Ellingson Partnership 1976 ................................................. Upper-Matson Creek Placers 1978-1985 ......................................... Hilker-Crawford Placer Acquisition 1980 ......................................... Golden Grizzly Placers Sept . 1980 .................................................. Identification Tributary Creeks 1980 ............................................... Local Names Gemini-Soda-Spud Creeks ....................................... Summary Placer Property 1980 ...................................................... Golden Grizzly Placers Ltd. Exploration 198 1 ................................... Summary 1981 Drilling ............................................................... NORTH LADUE RIVER PLACERS Discovery Gemini/Soda/Spud Creeks 1981 ...................................... Glory Hole Deposit-Matson Creek ................................................... Gemini/Soda/Spud-Glory Hole Potential ........................................... NORTH LADUE RIVER ECONOMIC GEOLOGY 198 1 Drill Hole Review ................................................................. Table . 1981 Placer Drilling Summary ............................................. Table .Summary of Gold Colors ..................................................... GRADIENT OF TRIBUTARY CREEKS Gradient Gemini-Soda-Spud Creeks ................................................. ECONOMIC GEOLOGY L-L TRIBUTARY CREEKS Inferred Grade Value .Gemini/Soda/Spud ........................................ Hypothesis Tributary Creek Placer Gold ........................................... PLACER MINING OPERATIONS EQUIPMENT General Description ...................................................................... ESTIMATED PLACER PRODUCTION COSTS General Payzone (0.05 oz cy value) .............................................. Klondike District (0.01 2 oz cy value) ............................................... Matson Creek (0.01 9 oz cy value) .................................................. GEMINI CREEK PLACER ECONOMICS & GEOLOGY Placer History and Development ..................................................... Gemini Creek Placer PotentialIGold Content ..................................... Gemini Placer Cross-Section Figure 1 : Plan-Gemini Placer Gravels/Geology: ESTIMATED PLACER PRODUCTION COSTS Gemini Payzone (0.105 oz cy) .......................................................