Sudbury - Ontario

Current Projects, History & Status Report

Technical Report

Project Location Plan

Property Geology Plan

Prospective Drill Areas

The Currie Rose property is located in Scadding Township, Sudbury District, approximately 18 air miles north-east of the city of Sudbury. The property consists of 72 mining claims over 2,880 acres.

It is accessible by a good gravel road known as the Kukagami Road some six miles north from Trans-Canada Highway No.17. Sudbury lies twenty miles west of the Kukagami road.

The Wanapitei - Ashigami Lakes area is underlain by clastic metasedimentary strata of the early-Proterozoic (2.4 to 2.2 billion years ago) Huronian Supergroup deposited as a clastic wedge along the southern margin of the archean Superior craton and subsequently preserved as the Penokean Fold Belt.

Nipissing intrusive rocks of gabbroic composition were emplaced as dikes and sills over large areas of northeastern Ontario approximately 2.15 billion years ago. Fairbairn (1939) noted the association of gold with the diabase in the Ashigami Lake area. The Sudbury Igneous Complex, thought to be the result of a meteorite impact event 1.85 billion years ago, is a world class source of nickel, copper, cobalt, platinoid elements and gold.

Reworked Archean and early-Proterozoic rocks form an important component of the Central Gneiss Belt of the middle-Proterozoic Grenville Province. The Grenville Orogen culminated in a collision with the southeast margin of the Proto-Laurentian continent about 1.1 billion years ago. Reworked Archean and early-Proterozoic rocks form an important component of the Central Gneiss Belt of the middle-Proterozoic Grenville Province. The Grenville Orogen culminated in a collision with the southeast margin of the Proto-Laurentian continent about 1.1 billion years ago.

The Cobalt, Quirke Lake, and Hough Lake groups of the Huronian Supergroup (Table 2) are exposed south of Wanapitei Lake in a series of northwest-southeast oriented fold structures which are truncated at the Grenville Front Tectonic Zone. Generally, the stratigraphic sequence becomes younger to the northeast. Fold structures are overturned to the southwest, intruded by northwest-southeast trending dikes and sills of the Nipissing suite and disrupted mainly by north-easterly striking faults.

The Great Lakes area experienced several periods of continental glaciation during the Quaternary which produced the subdued topography and generally good bedrock exposure characteristic of the Precambrian Canadian Shield. The direction of glacial transport associated with the late Wisconsin Glaciation, 20 to 25 thousand years ago, was due south in the Sudbury area.

The property is mainly underlain by the Serpent, Espanola and Bruce Formations of the Quirke Lake Group and lesser dikes and sills of the Nipissing intrusive suite. Narrow, mafic dikes, striking northwesterly and dipping -65 degrees to vertically, cut all rock units. The stratigraphic sequence becomes younger to the north and east. Strata strike approximately west and dip moderately to steeply north.

Known gold mineralization occurs with chlorite and iron sulfides in hydrothermal breccias at several stratigraphic levels within the Serpent Formation. The Serpent Formation is thought to be about 450 metres thick but the top of the formation is everywhere an erosion surface. The Serpent Formation consists mainly of resistant, buff weathering and massive-looking, siliceous clastic metasediments. Thickly bedded, light grey, medium grained, muscovite-plagioclase metaquartzite is most common. However, a more thinly bedded and more argillaceous unit about 30 metres thick and consisting of metagreywacke, metasiltstone and metaconglomerate occurs at the basal contact with the espanola limestone.

The Serpent Quartzite has been subjected to intense structural stress as evidenced by the many prominent lineaments that show on the air photos of the region. The gold bearing zones within the quartzite are severely fractured with intense chloritic alteration where gold is present. Sulphides, mostly in the form of a vuggy pyite and pyrrhotite, are frequently present with the gold.

Visible gold is common where assay values exceed 0.50 oz Au/ton. Two or more mineralized zones may be stacked above (or below) each other en echelon. It is postulated that where two or more structural stress features are close together, and the stress components are acting in opposite directions, the ground between them will fracture in tension thereby creating openings for mineralizing solutions. The gold bearing zones thus created may form sub-horizontal sheets that extend between the stress structures.

All gold values listed are uncut. Widths shown are approximately 80% of true width.

Exploration holes were diamond drilled to test for other mineralized zones beyond the "North West Zone". These were holes CR-17 to CR-41 inclusive. Six of the holes intersected a new discovery zone that is located 1,000 feet south-east of the "North West Zone".

Drilling Results of the New Discovery Zone

Two more holes were drilled in the North West zone with the following results:

All gold values listed are uncut. Widths shown are approximately 80% of true width.