GEOLOGICALr GE3ZNEMICAfA AND GEOPHYSICAL RWORT Vancouver Mining Division, British Columbia Latitude: 500 27 YNcrcP, Longitvdc: 125O 22 West Claim i?ames Record Numbers SI-AU 1:'5C) (1) BICK #1 1751, (1) BICK #2 1752 (1) BICK #3 1753 (1) BICK 84 1?54 (1) UNION R.C.G. 1633 (4) STUMP RANCH R.C.G. 1635 (4) WHITE PINE C.G. Lot 254 ELECTRIC C.G. Lot 317 Owners and VERDSTONE GOLD CORPORATION Operators: and REA GOLD CORPORATION P.O. Box 12137, Nelson Spare Suite 501 - 808 Nelson Street Vancouver, B.C. V52 2H2 (604) 684 - 7527 Consultant: MINOREX CONSULTING LTD. P.O. Box 12122, Nel~cnSquare Suite 501 - 806 Nelson Street VancouvYr, B.C. V6Z 2H2 (604) 688 - 1771 J.D. Blanchflower, F.G.A.C. Dwayne H. Windson Consulting Geologist Consultin$ Geotechnol syist GEOLOGICAL, GEOCHEMICAL AND GEOPHY ggp@pp--- .-- *.z i-y! ?:?: p,'13 RD. .._ . _,._.._^-__I_.._. .- -...- *-ll_--.-..*---.---- on the .,\ $,, ;?!,:j: WHITE PINE PROPERTY East Thurlow Island . -. - - - - - --- I _ _ -"^ ---- -- -L- Vancouver Mining Division, Britis IXSI-IpWUI- XI-m.- Latitude: 50" 27' North Longitude: 125" 22' West N.T.S. 92 K / 6 W Claim Names Record Numbers SI -AU 1750 (1) b BICK #1 1751 (1) SUB-RECORDER 1 BICK #2 1752 (1) RECEIVED BICK #3 1753 (1) aM 1-1 WP~ BICK #4 1754 (1) , UNION R.C.G. 1633 (4) : M.R. # ........................ $. STUMP RANCH R.C.G. 1635 (4) VANCOUVER, 8.C. WHITE PINE C.G. Lot 234 " ELECTRIC C.G. Lot 317 Owners and VERDSTONE GOLD CORPORATION Operators: and REA GOLD CORPORATION P.O. Box 12137, Nelson Square Suite 501 - 808 Nelson Street Vancouver, B.C. V6Z 2H2 (604) 684 - 7527 Consultant: MINOREX CONSULTING LTD. i r. 1 . Box 12122, Nelson Square te 501 - 808 Nelson Street k. , F R (1 RVrncouver, B.C. V6Z 232 J.D. Blanchflower, F.G.A.C. Dwayne M. Windsor Consulting Geologist Consulting Geotechnoloqist TABLE OF CONTENTS Page No . INTRODUCTION ......................................................... SUMMARY .............................................................. RECOMMENDATIONS ...................................................... SENERAL DESCRIPTION .................................................. Location and Access ............................................... Property and Ownership ............................................ Physiography ...................................................... History ........................................................... GEOLOGIC SETTING ..................................................... 1987 EXPLORATION PROGRAM ............................................. Survey Control Grid ............................................... Geological Survey ................................................. Geochemical Surveys ............................................... Soil Geochemical Survey ...................................... Lithogeochemical Survey ...................................... Geophysical Surveys ............................................... Ground Magnetic Survey ....................................... Electromagnetic (VLF-EM) Survey .............................. RESULTS OF THE 1987 EXPLORATION PROGRAM .............................. Geological Survey ................................................. Geochemical Surveys ............................................... Soil Geochemical Survey ...................................... White Pine Grid ......................................... Stump Ranch Grid ........................................ TABLE OF CONTENTS (Continued) Page No . Geochemical Surveys (Continued)................................... 3 1 Lithogeochemical Survey ...................................... 3 2 White Pine Vein ......................................... 3 2 Stump Ranch Claim ....................................... 3 4 Channe Island .......................................... 3 4 Geophysical Surveys ............................................... 3 4 Ground Magnetic Survey ....................................... 3 4 White Pine Grid ......................................... 3 4 Stump Ranch Grid ........................................ 3 5 Electromagnetic (VLF-EM) Survey .............................. 3 5 White Pine Grid ......................................... 3 5 Stump Ranch Grid ........................................ 2 5 DISCUSSION OF RESULTS ................................................ 3 6 CONCLUSIONS .......................................................... 3 5 COST ESTIMATES ....................................................... 3 9 STATEMENTS OF QU;1LIFICATION .......................................... 4 0 STATEMENT OF COSTS ................................................... 4 2 BIBLIOGRAPHY ......................................................... 4 4 . APPENDICES APPENDIX Acme Analytical Laboratories Ltd . Soil Geochemical and Lithogeochemical Analyses APPENDIX Kamloops Research & Assay Laboratory Ltd . Lithogeochemical Analyses APPENDIX 111 : Geophysical Instrument Specifications LIST OF ILLUSTRATIONS Figure No. Page No. 1 Location Map, 1" - 64 miles .................................. 2 2 Claim Map, 1:50,000 .......................................... 7 3 Regional Geology Map, 1:500,000 .............................. 11 4 Survey Grid Location Plan, 1:25,000 .......................... 13 5 Geological and Lithogeochemical Plan, Shaft No. 1 Area, 1:500 20 6 Geological and Lithogeochemical Plan, Shaft No. 2 Area, 1:500 21 7 Geological and Lithogeochemical Plan, Adit No. 2 Area, 1:500. 2 3 8 Geological and Lithoqeochemical Plan, Adit No. 3 Area, 1:500. 2 5 9 Geological and Lithogeochemical Plan, Stump Ranch Claim, 1:500 ................................................... 2 7 10 Geological Plan, White Pine Grid, 1:2,500 ..... i.............. In pocket 11 Soil Geochemical Plan, White Pine Grid, Gold, 1:2,500 ........ In pocket 12 Soil Geochemical Plan, White Pine Grid, Silver, 1:2,500 ...... In pocket 13 Soil Geochemical Plan, White Pine Grid, Copper, 1:2,500 ...... In pocket 14 Soil Geochemical Plan, White Pine Grid, Molybdenum, 1:2,500.. In pocket 15 Soil Geochemical Plan, White Pine Grid, Lead, 1:2,500 ........ In pocket 16 Soil Geochemical Plan, White Pine Grid, Zinc, 1:2,500 ........ In pocket 17 Soil Geochemical Plan, White Pine Grid, Arsenic, 1:2,500 ..... In pocket 18 Geophysical Plan, White Pine Grid, Ground Magnetics, 1:2,500. In pocket 19 Geophysical Plan, White Pine Grid, VLF-EM Dip Angle Plot, 1:2,500 .............................................. In pocket 20 Geophysical Plan, White Pine Grid, VLF Fraser Filter Plot, 1:2,500 .............................................. In pocket 21 Geological Plan, Stump Ranch Grid, 1:2,500 ................... In pocket 22 Soil Geochemical Plan, Stump Ranch Grid, Gold, 1:2,500 ....... In pocket 23 Soil Geochemical Plan, Stump Ranch Grid, Silver, 1:2,500 ..... In pocket LIST OF ILLUSTRATIONS (Continued) Figure No. Page No. 24 Soil Geochemical Plan, Stump Ranch Grid, Copper, 1:2,500 ..... In pocket 25 Soil Geochemical Plan, Stump Ranch Grid, Molybdenum, 1:2,500. In pocket 26 Soil Geochemical Plan, Stump Ranch Grid, Lead, 1:2,500 ....... In pocket 27 Soil Geochemical Plan, Stump Ranch Grid, Zinc, 1:2,500 ....... In pocket 28 Soil Geochemical Plan, Stump Ranch Grid, Arsenic, 1:2,500 .... In pocket 29 Geophysical Plan, Stump Ranch Grid, Ground Magnetics, 1:2,500 In pocket 30 Geophysical Plan, Stump Ranch Grid, VLF-EM Dip Angle Plot, 1:2,500 ................................................. In pocket 31 Geophysical Plan, Stump Ranch Grid, VLF-EM Fraser Filter Plot 1:2,500 ................................................. In pocket INTRODUCTION Verdstone Gold Corporation and Rea Gold Corporation, both of Vancouver, B.C., are the owners and operators of the WHITE PINE property in southwestern British Columbia. This report documents the results of the 1987 exploration program which was undertaken on behalf of Rea Gold Corporation between October 8 and 30, 1987. The program was designed to evaluate the eastern and western extensions of the White Pine vein and the northern extension of the Douglas Pine vein. The work consisted of: the establishment of two survey control grids totalling 21.8 line-kilometers, prospecting, geological mapping, soil geochemical sampling (531 samples), electromagnetic (VLF-EM) surveying, ground magnetics surveying, lithogeochemical sampling, backhoe trenching, refurbishing 2.4 kilometers of existing logging roads, and report preparation. This report summarizes the results of the 1987 surveying work. It was prepared by Messrs. J.D. Blanchflower, project manager, and D.M. Windsor, project supervisor. SUMMARY The WHITE PINE property is located in the Vancouver Mining Division of - southwestern British Columbia. It is situated immediately south of Shoal Bay on the northeastern coast of East Thurlow Island. The geographic coordinates of the property are 50" 27' North latitude and 125" 22' West longitude. The - map reference is N.T.S. 92K/6W. Access is by floatplane or boat to Shoal Bay, a direct distance of 47 - kilometers from the floatplane base on Tyee Spit at Campbell River. The property is comprised of two Crown-granted, two Reverted Crown-granted and five M.G.S. located mineral claims, totalling 80 units or 1,900 hectares - (4,695 acres). The claims are held by Verdstone Gold Corporation. Rea Gold Corporation is a joint venture participant. The claims cover the highlands south of Shoal Bay on the northern coast of East Thurlow Island, and Channe Island. Elevations range from sea level to 610 metres(2,OOO feet). Temperatures vary from -10" to t25" C. Precipitation is heavy throughout