REPORT ON DIAMOND DRILLING on the RICKABY PROPERTY · in the Onaman-Tashota Greenstone belt in...

REPORT ON

DIAMOND DRILLING

on the

RICKABY PROPERTY

during JANUARY to MARCH, 2010

THUNDER BAY MINING DIVISION

of ONTARIO

for

HIGHLAND RESOURCES INC. Suite 750, 580 Hornby Street

Vancouver, B.C. V6C 3B6

by

Clinton Davis, P.Geo.

and

Joe Campbell. P.Geo.

21 April 2011

Table of Contents

SUMMARY ...................................................................................................................................................... 1

INTRODUCTION ............................................................................................................................................. 2

PROPERTY DESCRIPTION AND LOCATION .............................................................................................. 2

ACCESSIBILITY, CLIMATE, LOCAL RESOURCES, INFRASTRUCTURE AND PHYSIOGRAPHY .......... 5

MINERALIZATION ......................................................................................................................................... 6

GEOLOGICAL SETTING ............................................................................................................................... 6

DEPOSIT TYPES ............................................................................................................................................ 7

EXPLORATION HISTORY ............................................................................................................................. 7

ADJACENT PROPERTIES .......................................................................................................................... 11

WINTER 2010 – GENERAL ......................................................................................................................... 11

WINTER DRILLING 2010 – DIAMOND DRILLING...................................................................................... 12

FOISEY-LARSON ZONE ................................................................................................................................ 12 Previous Work and Reccomendations ................................................................................................. 12 Drilling ................................................................................................................................................... 13

ZEUS ZONE ................................................................................................................................................. 13 Previous Work and Reccomendations ................................................................................................. 14 Drilling ................................................................................................................................................... 15

SAMPLE ANALYSIS .................................................................................................................................... 15

CONCLUSIONS AND RECOMMENDATIONS ............................................................................................ 15

REFERENCES .............................................................................................................................................. 17

STATEMENT OF QUALIFICATIONS ................................................ ERROR! BOOKMARK NOT DEFINED.

List of Figures

FIGURE 1: CLAIMS LOCATION .................................................................................................................... 4

List of Tables

TABLE 1: CLAIMS INFORMATION (ALL ACTIVE AND HELD BY HIGHLAND RESOURCES INC.) ........ 3

TABLE 2: HIGHLAND RESOURCES DRILL PROGRAM 2010 - Foisey-Larson Drill Hole Results …...13

List of Maps

MAP 1: FOISEY LARSON DRILL COLLARS

MAP 2: ZEUS DRILL COLLARS

List of Drill Cross Sections

FL10-01 FL10-02 FL10-03 FL10-04 FL10-05 FL10-06 FL01-07 ZS10-01 ZS10-02 ZS10-03 ZS10-05 ZN10-01

List of Appendices

APPENDIX I: RICKABY PROPERTY, WINTER 2011; PERSONNEL AND DATES OF WORK

APPENDIX II: RICKABY PROPERTY, WINTER 2011; DRILL LOGS

APPENDIX III: RICKABY PROPERTY, WINTER 2011; CORE SAMPLE TABLES

APPENDIX IV: ACTLABS ANALYTICAL CERTIFICATES

Summary Highland Resources Inc. has earned a 51 % interest in the Rickaby property from Canadian Prospector Inc, and acts as operator for the property. The property is located in the Onaman-Tashota Greenstone belt in northwestern Ontario near Thunder Bay. The property is in the Geraldton-Beardmore Gold belt which has a long history of old exploration and development and has produced an estimated 4,373,300 ounces of gold over the years from 24 mining operations of various sizes, including production from one deposit located in part on the property. Access to the property is excellent with a main forestry haul road cutting through the entire east-west length of the property (Kinghorn Road). The property hosts gold-rich quartz veins and has exploration potential for base metal massive sulphide mineralization. The gold veins on the property occur in and around a granodiorite stock and are identical to gold veins that exhibit high grades, substantial widths and considerable continuity being developed on the adjacent Hercules property by Kodiak Exploration. Low grade base metal mineralization occurs on the property as well as in stringer/replacement type sulphide occurrences. The mineralization occurs in a rhyolite volcanogenic hydrothermal system of the kind in which many massive sulphide deposits in the Canadian Shield occur. There is unevaluated potential for massive sulphides at depth in the volcanogenic hydrothermal system. Exploration programs were carried out by GeoVector Management Inc. on behalf of Highland Resources Ltd. This report describes a drill program carried out between January 6th and April 12th. The drilling was based on previous work carried out by GeoVector on behalf of Highland (Campbell et al, 2009 & 2010). It was performed in areas of the property containing the Foisey Larson and Zeus zones. A total of 1260.6m was drilled in 7 holes at Foisey Larsen, 199.93m in one hole at Zeus North and 579.51m in 4 holes on Zeus South. The drilling at Zeus intersected no significant results. The drilling at Foisey-Larson intersected low grade gold, silver and sporadic molybdenum values in all drill holes over significant widths. The best intersection were:

Highland Resources Drilling Program 2010 Foisey-Larson Drill Holes

Hole #

MAIN ZONE

Grid Location Drill Intersection

Grid S

Grid W From (m)

To (m) Width (m)

Au g/t

Ag g/t Mo%

FL-01 75S 3+25W 44.42 52.60 8.18 0.86 1.84 0.01 including 48.52 51.97 3.45 1.13 2.16 0.03 FL-02 300S 3+25W 43.88 55.13 11.25 0.75 1.05 0.03 including 44.38 46.52 2.14 1.51 2.82 - including 50.70 52.70 2.00 1.12 2.12 0.16

All work programs are detailed in this assessment report. Total expenditure for Winter 2010 drill program and reporting was $584,829.57.

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Introduction This report presents exploration activity on Rickaby property in the Thunder Bay Mining Division, Ontario, for Highland Resources Inc. The purpose of the report is to provide support for assessment credit work for claims registered under Highland Resources Inc. The authors of the report, Clinton Davis P.Geo., and Joe Campbell P.Geo., personally supervised all aspects of the field work being reported. Most of the background information presented in this report comes from previous work done on the property as documented in reports listed under the References Section of this report. Although the authors have not personally verified the historical work, the work was done by a number of recognized exploration and mining companies, qualified professionals and reputable contractors and service companies, using standards of the period. There is no reason to question the veracity of any of this work.

Property Description and Location The Rickaby property has a nominal area of 4,912 hectares (ha). The area is based on the number of claim units, 307, which are 16ha in size. The Rickaby property is located in Rickaby Township, Lapierre Lake area and the Kaby Lake area of northwestern Ontario on NTS map 42E13SE about 200km northeast of Thunder Bay (Figure 1).The geographic centre of the property is at 87°33'W longitude and 49°48'N latitude (NAD83, Zone 16 UTM 459843E, 5516624N). The property consists of the 31 unpatented claims shown on Figure 1 and described in Table 1. The claims are located in the Thunder Bay Mining Division and officially listed at the Ministry of Northern Development and Mines (MNDM) Mining Recorder as occurring claim maps (G-plans): Rickaby (G-0161), Lapierre Lake (G-0065) and/or Castlewood Lake (G-0022) (name changed from Kaby Lake 21 Oct 2010).

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Table 1: Claims Information (All Active and held by Highland Resources Inc.)

Township/Area Claim Number

Recording Date

Claim Due Date % Option

Work Req’d

Total App’d

Total Res

Claim Bank Units

Area (ha)

CASTLEWOOD LAKE AREA

4211092 2006‐Jun‐12 2012‐Jun‐12 100 % Y $6,400 $25,600 $6,247 $0 16 256

LAPIERRE 3012603 2006‐Apr‐10 2012‐Apr‐10 100 % Y $4,800 $19,200 $0 $0 12 192

LAPIERRE 3014234 2006‐Jun‐12 2012‐Jun‐12 100 % Y $6,400 $25,600 $0 $0 16 256

LAPIERRE 4209051 2006‐Apr‐10 2012‐Apr‐10 100 % Y $5,200 $20,800 $8,602 $0 13 208

RICKABY 1210709 1997‐Sep‐25 2014‐Sep‐25 100 % Y $1,600 $24,000 $16,377 $0 4 64

RICKABY 1217200 1997‐Sep‐25 2014‐Sep‐25 100 % Y $800 $12,000 $2,632 $0 2 32

RICKABY 3011502 2004‐Nov‐10 2013‐Jul‐14 100 % Y $400 $2,400 $0 $0 1 16

RICKABY 3011862 2004‐Nov‐10 2013‐Jul‐14 100 % Y $1,600 $9,600 $0 $0 4 64

RICKABY 3012601 2006‐Apr‐10 2012‐Apr‐10 100 % Y $6,400 $25,600 $0 $0 16 256

RICKABY 3012602 2006‐Apr‐10 2012‐Apr‐10 100 % Y $3,200 $12,800 $0 $0 8 128

RICKABY 3018052 2008‐Sep‐26 2012‐Sep‐26 100 % Y $1,200 $2,400 $0 $0 3 48

RICKABY 4200400 2006‐Aug‐11 2013‐Apr‐14 100 % Y $506 $7,494 $3,474 $0 4 64

RICKABY 4209007 2005‐Nov‐28 2012‐Nov‐28 100 % Y $5,600 $28,000 $0 $0 14 224

RICKABY 4209008 2005‐Nov‐28 2012‐Nov‐28 100 % Y $6,000 $30,000 $0 $0 15 240

RICKABY 4209009 2005‐Nov‐28 2012‐Nov‐28 100 % Y $800 $4,000 $0 $0 2 32

RICKABY 4209048 2005‐Dec‐30 2012‐Dec‐30 100 % Y $400 $2,000 $0 $0 1 16

RICKABY 4209049 2005‐Dec‐30 2012‐Dec‐30 100 % Y $2,400 $12,000 $0 $0 6 96

RICKABY 4209050 2005‐Dec‐30 2012‐Dec‐30 100 % Y $4,800 $24,000 $0 $0 12 192

RICKABY 4209052 2005‐Dec‐30 2012‐Dec‐30 100 % Y $6,000 $30,000 $0 $0 15 240

RICKABY 4209053 2005‐Dec‐30 2012‐Dec‐30 100 % Y $5,942 $30,058 $0 $0 15 240

RICKABY 4209054 2005‐Dec‐30 2012‐Dec‐30 100 % Y $6,400 $32,000 $0 $0 16 256

RICKABY 4209056 2005‐Dec‐30 2012‐Dec‐30 100 % Y $3,600 $18,000 $17,093 $0 9 144

RICKABY 4209057 2006‐Apr‐10 2012‐Apr‐10 100 % Y $1,600 $6,400 $0 $0 4 64

RICKABY 4211093 2006‐Jun‐12 2012‐Jun‐12 100 % Y $4,955 $27,045 $0 $0 16 256

RICKABY 4211160 2006‐Nov‐10 2012‐Nov‐10 100 % Y $6,000 $24,000 $0 $0 15 240

RICKABY 4211161 2006‐Dec‐12 2012‐Dec‐12 100 % Y $1,600 $6,400 $0 $0 4 64

RICKABY 4211162 2006‐Dec‐12 2012‐Dec‐12 100 % Y $800 $3,200 $0 $0 2 32

RICKABY 4213519 2006‐Nov‐23 2012‐Nov‐23 100 % Y $6,000 $24,000 $0 $0 15 240

RICKABY 4215327 2006‐Nov‐10 2012‐Nov‐10 100 % Y $6,400 $25,600 $0 $0 16 256

RICKABY 4215328 2006‐Nov‐10 2012‐Nov‐10 100 % Y $6,400 $25,600 $0 $0 16 256

RICKABY 4215329 2006‐Nov‐10 2012‐Nov‐10 100 % Y $6,000 $24,000 $0 $0 15 240

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Figure 1: Claims Location

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The annual assessment work for claims in Ontario is $400 per claim unit that is 16ha in size. A claim that is smaller than 16ha is considered one unit for assessment work purposes. According to government online claims information, the contiguous claim block is comprised of 307 claim units in 31 claims, which requires $120,203 in expenditures. The Orphan Mine including a small waste dump, a fenced-off shaft and concrete foundations of the old mill are not actually on the property, but occur on Mantis Minerals ground. The only other manmade structures on the property are the foundations of a logging camp that used to exist at the south end of Kaby Lake. Canadian Prospector, previous operators of the Rickaby property, have a 3-tent exploration camp at this location.

Accessibility, Climate, Local Resources, Infrastructure and Physiography The physiography, terrain and vegetation are typical of the Canadian Shield. The property lies at an elevation of approximately 350m above sea level. The terrain is essentially flat with low rolling hills and ridges with topographic relief of no more than 20 m. The vegetation is northern coniferous boreal forest made up of dense black spruce stands and occasional birch along the ridges and black spruce, alder and moose maple in swamps in the low-lying areas. About 10% of the area is covered by lakes and streams. The property is located 200km northeast of Thunder Bay, the closest significant population centre. It takes about 3 hours to drive from Thunder Bay to the property. The town of Beardmore located 33km southwest of the property has a population of a few hundred. Access from Thunder Bay is via the Trans Canada Highway (Highway 17) east to Nipigon, turning north on Highway 11, then east through Beardmore and Jellicoe to the Kinghorn road 11 km east of Jellicoe. The Kinghorn road is an all-weather gravel former logging road that heads north and west to the property and crosses right through the property from one side to the other. The east side of the property lies at approximately the l4km marker post and the west side of the property is at about the 32km marker post. The areas of interest on the property, the Orphan Mine and the KRK (Kenty) occurrence, are adjacent to this road at the l7km and 26km marker posts, respectively. An extensive network of old roads and trails, some of which are over grown but could be easily upgraded for vehicles, provide very good access to the interior parts of the property. The climate is continental with 6 months of winter and 6 months of summers. Temperature in the summer reaches up to 30°C and falls to -40°C in the winters. Winter snow lasts from November to April and lakes are frozen from December to March. The property lies in the lee of Lake Nipigon where lake-effect snow may be heavy, nonetheless the climate does not provide any particular impediments to mining developments and it is feasible to work outside throughout the year.

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Mineralization Both gold mineralization in quartz veins and base metal mineralization in rhyolite metavolcanic rocks are present on the property. The gold occurrence, the Orphan Mine, was mined in the 1930s after which very little was done until 1997 when a nearby vein was discovered (Mason et aI, 1998). The base metal occurrence, the KRK zone (also known as Kenty, Brother, and Kayli showings), was drilled in 20 years cycles first in the 1950s, then 1970s (Mackasey and Wallace, 1978) and the most recently in the 1990s (Staargaard, 1998). The details of the previous work are revealed in the History section of this report. Other exploration has been conducted on the property over the years as detailed in the Exploration Section of this report.

Geological Setting The Rickaby property lies in the Onaman-Tashota Greenstone Belt, which is in turn a part of the Wabigoon Subprovince of the Canadian Shield. The Onaman-Tashota lies immediately to the north of the perhaps better recognized Geraldton-Beardmore Greenstone Belt. The two greenstone belts are separated by the Paint Lake Fault, a major transcurrent fault system. The general area constitutes the Geraldton-Beardmore metallogenic belt. Although there are occurrences and deposits of many kinds, the Geraldton-Beardmore belt is primarily a gold belt with gold production of 4,371,300 ounces from 24 operations, the largest of which is the MacLeod-Cockshut Mine at 1,516,980 ounces (Speed and Craig, 1992). This total includes 2,460 ounces of production from the Orphan Mine in part on the Rickaby property. There are 3 modes of occurrence of gold in the Onaman-Tashota Belt: vein occurrence, chemical sedimentary occurrences and shear disseminated occurrences. Quartz vein deposits often are hosted by felsic to intermediate metavolcanics and often at the margins of felsic intrusions. In chemical sedimentary deposits gold occurs in iron formation and chert found a hiatuses in seafloor volcanism. Shear disseminated gold deposits occur with disseminated pyrite, pyrrhotite and/or chalcopyrite hosted by felsic metavolcanic rocks. There are no significant base metal deposits of note in the Onaman-Tashota belt. The geology of the property is described in detail by Mackasey and Wallace (1978). The bedrock on the Rickaby property is primarily felsic to intermediate metavolcanic rocks. The rocks are principally fragmentals, including tuff-breccia and pyroclastic breccia, lapilli and crystal tuff, laminated tuff with lesser pillow lava, massive and flow banded lava. The presence of pyroclastic rocks indicates proximity to a volcanic centre. The metavolcanic rocks are intruded by felsic intrusive rocks of granodiorite to granite composition, in particular the Kaby Lake stock at the east end of the property and the Elmhirst stock at the west end of the property. The stocks and immediate environs host the known gold veins. There are ubiquitous north trending diabase dykes and lesser mafic intrusions. Mafic dykes are known to locally occur with the gold-bearing quartz veins on the Hercules property adjacent to the Rickaby Property.

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Deposit Types The deposit types under exploration on the Rickaby property are gold-bearing quartz veins and volcanogenic massive sulphide (VMS) deposits. The gold-bearing quartz veins are interpreted to occupy dilational tension fractures that develop along conjugate stress directions of a shear-type structural regime. The northwest/southeast strike of the veins is the predictable for tension fractures in an east-west dextral shear regime, in this case, provided by the Paint Lake fault which separates the Onaman-Tashota belt from the Geraldton-Beardmore belt just to the south of the property. The veins are primarily hosted by granodiorite intrusions although they trend into the metavolcanic rocks adjacent to the granite contacts, particularly where these rocks have been silicified and/or transformed to hornfels around the intrusions. The VMS style deposits are stratabound to discordant deposits of base metal sulphides in agglomerate and fragmental intermediate to felsic metavolcanics, consistent with current models for VMS deposits near hydrothermal events related to subsea felsic (rhyolite) volcanism. Typically VMS deposits consist of lenticular, often stacked, massive sulphide bodies with associated underlying discordant has homogenized and baked the metavolcanic rocks stockwork-stringer feeders and replacement zones. Historically on the Rickaby property the best known mineralization (KRK) is of the disseminated stockwork style, and no massive sulphides have yet been discovered on the ground.

Exploration History The main sulphide mineralization on the property is a low grade Cu, Zn, Ag, Pb and Au sulphide occurrence historically referred to as the Kenty zone but called the KRK zone by the current property owner. The Kenty zone was intensively explored in the past by 27 diamond drill holes by Phelps Dodge Corporation of Canada in 1971/72 and 13 diamond drill holes by Noranda Mines prior to that in 1956 (Mackasey and Wallace, 1978). The drilling outlined a large low-grade Cu, Zn Ag, Pb and Au disseminated sulphide zone with a higher grade 1% Cu pipe-like core some 60m in diameter and approximately 400m long which plunges at 25° to 30° to the southwest. The sulphides occur as disseminations and in stringers in metavolcanic rhyolite pyroclastic formations. More recently in 1998 Consolidated Shoshoni Gold Inc. drilled 22 diamond drill holes on the Kenty zone. The last Shoshoni hole on the property, hole R-98-22, returned a 7lm interval of 0.74% Cu, and 27.8 g/t Ag (Erskine, 1998). Various other news releases on the Rickaby property (MacDonald, 1998a, 1998b; Tommasi, 1998) report other results of the Shoshoni drilling. The drilling appears to have been restricted to the vicinity of the earlier drilling and confirmed the presence of an east-west low grade copper-Ag zone up to 130m wide and 300m long to a depth of 200m. An interim evaluation of the property (Staargaard, 1998) shows the location of the first 14 holes on the property are confined to short 200m long part of the known mineralized zone. In one news release (Tommasi, 1998) it was stated that Shoshoni's goal was to

7

establish a resource of 50,000,000 tons plus of approximately $20 per ton ore. Drill holes R-98-7 and R-9-98 to R-98-l5 were filed for assessment work by Whalen Resources Ltd. (Spence, 1999) but it appears the other drilling done by Shoshoni was not filed for assessment work. In the report the holes are located by a local grid coordinate not tied to topography so the new and old drilling are not readily compared. The core from the Shoshoni drilling is reportedly stored at the Ontario Geological Survey core storage facility at Beardmore. Shoshoni carried out a gradient electrode array induced polarization (IP) survey on the property (Glass, 1998). Because of the long wires involved in the gradient electrode array IP method in certain circumstances the data may be compromised. The survey outlined a large weak chargeability anomaly, commensurate with the low disseminated sulphide content outlined by the drilling. The zone remains open along strike to the east and west. Shoshoni announced that it would follow-up the IP target in 1999 (Erskine, 1998) but appears not to have done so. In 2007, the current property owner, manually stripped a showing called the Kayli showing, from which a high grade grab sample was reportedly obtained, and cut a portable diamond saw channel sample which returned 0.29% Pb and 0.28% Zn over 9.1m, (Spence, 2007). The Cu grades were not reported but the site is located to be in the heart of the known Kenty (KRK) sulphide zone where the Cu grades are well established. Although details with regard to location and orientation of the channel sample are omitted in Spence (2007), the site was visited on June 11th, 2009 and it was readily apparent that channel samples were made up of a number of staggered but more or less continuous cuts in the face of the outcrop. In 2008 the property owner carried backhoe stripping and hydraulic outcrop washing in the area which opened up and cleared off expanses of outcrop, including the Kayli showing, and cut a number of portable diamond saw channel samples. No known geological map of the stripped area has been seen, but there are assay results available for the channel sampling for Au, Cu, Pb and Zn. Individual 0.5m channel samples graded up to 1.45 g/t Au, 2.00% Pb and 3.05% Zn. A map depicting channel locations with sample numbers has been submitted for assessment purposes recently, but not the assay values. The stripping revealed coarse lapilli tuff to agglomerate fragmental rhyolite to intermediate metavolcanics with sulphide mineralization indicative of a volcanogenic massive sulphide (VMS) hydrothermal system. Small discontinuous lenses of semi-massive to massive sulphides were observed in the stripped area, as well as cross cutting and concordant quartz veining. This style of mineralization was also indicated by others (MacDonald, 1998a; Staargaard, 1998), and only lack in a large massive sulphide accumulation. Considered with the KRK zone is another zone called the Martin Zone located approximately 1.5k to the south. The Martin Zone also occurs in rhyolite fragmental metavolcanic rocks and has a similar suite of sulphide minerals as the KRK zone (Mackasey and Wallace, 1978). The Orphan mine is located at the east end of the property at km 17 on the Kinghorn road on patented crown grants bordered on the south, east and west by the Rickaby property. The patents are part of a package of claims held by Mantis Minerals.

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The Orphan Mine was developed on a 1.5 -2.4 m wide gold-bearing quartz vein by an 80m shaft and levels at 45m and 80m in 1934-1935 from which 2,460 ounces of gold at a grade of 0.70 oz/ton and 1,558 ounces of silver were mined (Mackasey and Wallace, 1978). An open cut along the vein that is still readily visible today was also mined. The shaft is more or less at the boundary between the Rickaby property and the patents. A plan map of the underground workings (Mackasey and Wallace, 1978) indicates up to 40m of the vein is on the Rickaby property and that the vein appears to be open along strike to the southeast further onto the Rickaby property. Another quartz vein, called the New Vein in the literature occurs 70m northeast of the Orphan shaft on the Rickaby property. This area is the site of extensive backhoe trenching being detailed in this report. Historic drill holes in the New vein reportedly returned 0.46 ounces/ton gold over 11.5 ft and grab samples along the 15m long exposure returned 0.17 to 6.88 ounces per ton, (Mason et aI, 1998). The Rickaby property holds ground to the south and southeast of the Orphan Mine and New Vein on possible extensions of the veins into metavolcanic country rocks. It is unknown how far the veins might extend into the country rocks but similar veins on the adjacent Hercules property are also reported to extend into the metavolcanic rocks (Hunt, 2008). Both the Orphan and New Veins occur on the flank of a low rise which reflects the resistant-to-weathering Kaby Lake stock. To the southeast along the inferred strike of the veins where the terrain is low swampy there is no visual evidence of the veins. Another similar vein, referred to as the Larson-Foisey vein, occurs on the Rickaby property along the Longhorn road about a 1 km west of the Orphan mine (Mason, 2008) also known as the Houghton occurrence. Cyprus Canada carried out an induced polarization geophysical survey (Lapointe, 1997) and drilled this occurrence (Blair and Masson, 1997). Two holes tested a southeast trending hematite-sericite-chlorite alteration zone in the Kaby Lake Stock that returned anomalous gold values approaching 1 g/t. Although not a quartz vein per se the gold is reported to occur in quartz veins, pods and stringers in the alteration zone. Prior trenching on this occurrence returned similar results (Bond, 1995). The gold veins on the Rickaby property are directly analogous to gold-bearing quartz veins being developed by Kodiak Exploration on their Hercules Project adjoining the Rickaby property as discussed later in this report under the section titled ‘Adjacent Properties’. A company called Farkel Company carried out extensive very low frequency electromagnetic (VLF-EM) and magnetic geophysical surveys in the general area Rickaby property and tested 9 VLF-EM targets by drilling without success (Hill, Goettler De Laporte Ltd., 1982, 1983), including a few in the vicinity of Kaby Lake on the Rickaby property. VLF-EM is a versatile geophysical method but often in the Canadian Shield environment the best anomalies are due to bedrock/overburden contrasts, so results must be considered with caution. Similar electromagnetic and magnetic surveys, that appear to have encroached on the southwest comer of claimTB4211093 at the west end of the Rickaby property, were carried out near Wilkinson Lake (Woodard, 1980) in the vicinity of Kodiak Exploration's Yellow Brick Road zone. From the orientation of the grid lines, this exploration was directed at east to northeast features and might be ineffective for the southeast trending features as the gold veins are now known to be.

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Because the known quartz veins on the Hercules property occur with magnetic mafic dykes, the magnetic component of these surveys might be more important than the electromagnetic component bearing in mind that because the veins are relatively narrow high-resolution surveys with close spaced readings are required. The area has been covered by several airborne geophysical surveys, the most recent of which is a government high-resolution helicopter airborne electromagnetic and magnetic survey done by Aerodat Ltd. (OGS, 1989). No significant electromagnetic anomalies were recorded on the Rickaby property. No electromagnetic response would be expected from the gold-bearing quartz veins because where sulphide is present in the veins it occurs in coarse clots and the sulphide content of the Kenty (KRK) zone is too low to provide a strong EM response. An economic massive sulphide deposit would be expected to have an electromagnetic response but not necessarily a 'strong' response. Indeed many massive sulphide deposits exhibit electromagnetic responses that are weak to moderate. The airborne survey in question is estimated to have a maximum depth of the detection (for a massive sulphide deposit) of around 100m. There is nothing particularly significant in the magnetic component of the airborne survey either. The most obvious anomalies are magnetic highs due to north trending diabase dykes. There is a magnetic high that rims the Kaby Lake stock that is so consistent that it may be used to refine the location of the stock where its contact is geologically inferred. The gold bearing quartz veins on the Hercules property often occur along or within magnetic chloritized mafic dykes (Hunt, 2008). Indeed, Kodiak Exploration appears to consider northwest trending magnetic highs as prospective exploration targets on the Hercules Property (see Drilling Plan for 2008 and Exploration Strategy at www.kodiakexploration .com). The property was recently flown by Geotech Airborne Electromagnetic Systems using their VTEM system according to the property owner. VTEM is one of the recently developed helicopter airborne electromagnetic systems that use time domain technology in contrast to the more traditional frequency domain technology. The VTEM system purports to provide greater depth of detection than corresponding helicopter airborne electromagnetic systems, possibly by a factor of 2, and better resolution than corresponding fixed-wing airborne time domain electromagnetic systems like GEOTEM and MEGATEM. There is no time frame for completing the processing oft he VTEM survey results but deeper penetration to find massive sulphides within the Kenty (KRK) zone is a worthwhile objective and the processing should be completed. In June of 2009 Highland Resources Ltd conducted a brief prospecting program in the Zeus area, and on ground southwest of the KRK showing. In the Zeus area a quartz vein and shear zone returned assay values of 3.76 g/t Au and 1.36 g/t Au respectively. In addition channel sampling was carried out on the Koch-Daneff New Vein area that was previously trenched in November of 2008, but not sampled. Channel sample assays up to 17.20 g/t Au over 1.20 meters were taken.

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Adjacent Properties The gold veins on the Rickaby property are comparable to gold-bearing quartz veins being developed by Kodiak Exploration on their Hercules Project adjoining the Rickaby property immediately to the west, where Kodiak has done extensive trenching, channel sampling and drilling. The gold veins are interpreted to be emplaced along northwest oriented tension fractures. On the Hercules property the quartz veins occur in two parallel systems called the Golden Mile and the Yellow Brick Road both almost 2 km long (see www.kodiakexploration.com). The veins are hosted by the Elmhirst Stock which is the same composition as the Kaby Lake Stock which hosts the veins on the Rickaby property. Gold grades reported from both channel sampling and drilling are often spectacular, exemplified for example by a 2.5m of 515.98 g/t from 30.1 m to 32.6m in hole HR-07-51 in the Golden Mile zone (see Hercules Drilling Summary at www.kodiakexploration.com). In places the veins appear as discontinuous pods as might be expected for tension fractures (see Drilling Plan for 2008 and Overall Exploration Strategy at www.kodiakexploration.com). In other places the veins are remarkably continuous as indicated for example by a 400m long section of the Golden Mile zone on the surface (above the high-grade intercept mentioned above) which averaged 20.20 g/T across an average width 3.8m. In places the thickness of the veins appears substantial as well, as indicated for example by a 11.50m interval from 12.8m to 24.30m in hole HR-06-02 in the WL zone which returned 10.37 g/t. Some of the more recent, deeper drilling on the Golden Mile Zone (Hunt, 2008), which hit quartz vein material at depths up to 250m below the surface, indicates the quartz vein systems can have a substantial depth extent as well as impressive grades. For example, Hole HR-08-116 intersected 18.347 g/t from 162.4m to 163.2m at the beginning of a 3.3m interval that averaged 7.23 g/t Au at a depth of 130m (Hunt, 2008). Plan maps (see Drilling Plan for 2008 and Overall Exploration Strategy at www.kodiakexploration.com) show the vein to be largely hosted by the Elmhirst Stock but both zones trend into the metavolcanic country rocks and appear to be open to the southeast.

Winter 2010 – General All work was carried out from a base at the Cedar Shores Lodge in Jellicoe, and access to the various sites on a daily basis was via a rental 4X4 truck from Enterprise Car Rentals in Thunder Bay. Food and supplies were obtained locally to carry out the work. The recent work consisted of preparation of logging and sampling facilities and upgrades to the Cedar Shores Lodge to accommodate up to 12 people in winter conditions, and road plowing and road construction and drill pad clearing to access drill collar location, and the diamond drilling in 2 areas. These areas were chosen based on results from work carried out in summer and autumn 2009, as well as historic work. A total of 85 days were spent on the property from January 6th when crews were mobilised until March 31st when final core logging and sampling was completed.

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Winter Drilling 2010 – Diamond Drilling Drilling was carried out during winter, 2010 in two areas, the Foisey Larson Zone and the Zeus Zone. This program was done to follow-up results from 2009 exploration work. A gold-bearing north-south trending structure was drilled on the Foisey-Larson Zone with 7 holes totalling 1260.98 meters. In the Zeus Zone, two sub-areas were drilled, Zeus North with 1 hole and Zeus South with 4 holes for a total of 779.44 meters. The Zeus North target was based on ground geophysical results, primarily for possible gold bearing structures, but with the possibility for platinum group elements (PGE). The PGE hypothesis was derived from geophysical patterns similar to what has been found recently west of Lake Nipigon. Zeus South drilling was following up stripping done in autumn 2009, where a gold-bearing quartz-veined shear zone was uncovered.

Foisey-Larson Zone

Previous Work and Reccomendations This area has historic reports of a wide shear zone with low grade Au mineralization. Analysis of a 2008 VTEM and magnetic airborne survey showed that this zone has the potential to be 1.5 km long. During autumn 2009, mechanical trenching extended a previously exposed narrow trench into an area of 45m of shear strike length (north-northwest) over 25m of shear thickness. This exposed shear was shown to be mineralized with gold over a 10-15 meter width over the entire 45m strike length exposed. This mineralized zone included thick zones of quartz veining. The main rock type uncovered was granite, with minor mafic dyke to the southwest. The southwest portion of the stripped area also exhibited strong shearing and subparallel quartz veining. In total, 399 channel samples were taken from 30 channels, (Campbell et al, 2010). Of this number 157 samples had negligible Au. These were from the barren eastern side of the shear. In the mineralized portion of the shear, 199 samples graded better than 0.10 g/t gold up to a maximum of 2.73 g/t Au, (Campbell et al, 2010). Average grade over the entire 45m strike length was 0.51 g/t gold over an average 13m width. In addition to gold results, the zone has silver and molybdenum content (Campbell et al, 2010). Silver is linearly related to gold and averages 4 g/t for every 1 g/t of gold. The molybdenum content is approximately 0.025% Mo within the mineralized shear zone. Both these elements are significant accessories to the gold. This zone indicates a very large mineralizing system, particularly when the strike of the mineralized trenched area is extended to an historic drill hole located 800m north. This hole assayed approximately 1 g/t gold over 8m. This target has very good potential of containing a large gold deposit. Subsequent to the trenching and sampling, this area was surveyed by IP/VLF/MAG on a grid covering the 1.5km of potential strike length. Moderate-high strength chargeability feature FL-2 on the Foisey-Larson Grid may have potential as a structurally-hosted gold exploration target. Drill testing for the presence of gold with disseminated sulphides is recommended. Overall this is considered an excellent Au/Ag/Mo target.

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Drilling A coherent zone of AU/Ag/Mo mineralization was followed fro approximately 1.2 km along a shear structure. Significant assay results are shown in Table 2 below. Gold values are related to the intensity of shearing, alteration, and disseminated pyrite mineralization. Based on sample results, there appears to be a rough correlation between Au and S values, with changes in S likely correlated to amount of sulphides (pyrite +/- pyrrhotite). Higher Au-values are also found were increased pyrite is present with shearing and/or quartz veining. There is also an apparent correlation between Ni-values and ultramafic units, though not economically significant for this drilling program.

Table 2 - Highland Resources Drilling Program 2010 Foisey-Larson Drill Hole Results

Hole #

MAIN ZONE

Grid Location Drill Intersection

Grid S Grid W From (m)

To (m)

Width (m)

Au g/t

Ag g/t Mo%

FL-01 75S 3+25W 44.42 52.60 8.18 0.86 1.84 0.01 including 48.52 51.97 3.45 1.13 2.16 0.03 FL-02 300S 3+25W 43.88 55.13 11.25 0.75 1.05 0.03 including 44.38 46.52 2.14 1.51 2.82 - including 50.70 52.70 2.00 1.12 2.12 0.16 FL-03 775S 3+75W 128.27 133.00 4.73 0.43 2.19 0.04 including 131.50 132.36 1.29 1.37 6.50 0.13 and 158.60 169.00 10.40 0.28 0.62 - including 161.50 164.00 2.50 0.58 1.36 - FL-04 900S 2+50W 3.33 8.90 5.57 0.53 0.20 - including 5.90 7.40 1.50 1.51 0.50 - FL-06 1275S 3+00W 3.73 7.00 3.27 0.59 0.92 0.01 including 4.92 5.94 1.02 1.52 2.30 0.03

Hole #

Target #2

Grid Location Drill Intersection Grid North

Grid West

From (m)

To (m)

Au g/t

Ag g/t Mo%

FL-05 1100S 4+62W 99.82 104.00 4.18 0.54 0.74 - including 99.82 101.11 1.88 1.13 1.64 - and 110.80 111.30 0.50 1.12 1.60 -

Hole #

Target #3

Grid Location Drill Intersection Grid North

Grid West

From (m)

To (m)

Au g/t

Ag g/t Mo%

FL-07 1475S 5+00W No significant Assays

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Zeus Zone

Previous Work and Reccomendations This area is of particular interest to Highland Resources Inc. as it is adjacent to claims held by Kodiak Exploration, and potentially on strike with Au mineralization defined within their Hercules Zone. Initial reconnaissance off claim block 4211092 showed that Kodiak had trenched mineralized quartz veins up to Highland’s southern claim boundary, and that several drill collars are within 500 metres of the common property boundary between Highland and Kodiak. This initial reconnaissance also determined that large areas of the 4211092 claim block were overlain with overburden, and/or were low relief and swampy. Spring 2009 sampling of this favourable rock (similar to Hercules mineralized zones) returned highly anomalous Au samples. Sample GR 5078 within quartz veining contained >3000 ppb Au in INAA analysis, and a repeat fire assay returned 3.76 g/t. A sample taken from altered and sheared porphyry/gabbro contained 1360 ppb Au (Campbell et al, 2009). During autumn 2009, prospecting to extend the Zeus zone of mineralization resulted in 4 anomalous samples grading 783 ppb, 925 ppb, 2280 ppb and >3000 ppb Au. The over limit sample was reanalysed with a fire assay and returned 5.54 g/t Au. Mapping and channel sampling followed in Fall 2009, in the area of Sample GR 5078. This work was carried out between 27 October and 01 November 2009 by GeoVector Management personnel. In addition, a heavy equipment operator and two cutters from Beardmore were contracted. In total, 32 channels were laid out, cut and sampled. Total samples amounted to 222, (Campbell et al, 2010). The work uncovered a brittle-ductile shear zone with associated subparallel and oblique quartz veining in the southwest corner of the claim block ([Ref ass report]). This was initially found during the spring 2009 work, along a projected trend of mineralization found on the Kodiak ground. Trace malachite occurs outside the shear zone to the north, in the brecciated zone. Disseminated weak pyrite is common throughout the stripped area. This outcrop extends into a swampy area to the north, but the altered porphyry/gabbro and quartz veining continued into the swamp, with individual veins being followed for up to 20 metres. The greatest Au-results were associated with the shear parallel quartz veins originally found in June 2009. Four samples collected over 5m returned greater than 3000 ppm Au, from 3 parallel channels. Two samples were greater than 3000ppm over 1m total sample length (535791 – 3.37 g/t, 535792 – 3.31g/t), and the other two samples with 0.5m each (535800 – 27.2 g/t, 535812 – 18.9 g/t). There appeared to be a strong correlation between Au-values and quartz veining within the shear zone, although there are anomalous Au values in the shear zone as well (Campbell et al, 2010). The dyke outlined by the IP/VLF/Magnetic Survey on the Zeus North Grid and its continuation on the Zeus South Grid, if ultra-mafic, may have potential as a PGE exploration target. Further investigation of this dyke is recommended. Weak

14

chargeability features, two on the Zeus North Grid, and one on the Zeus South Grid may have potential as structurally-hosted gold exploration targets and further investigation is recommended. Drill testing of strong chargeability trend on the Zeus South grid is highly recommended, to test for presence of gold with disseminated sulphides (Campbell et al 2010).

Drilling It appears from the sample results that there is a weak correlation between increased crystal strain fabric and higher Zn-values, less so with Cu-values. These values are anomalous, but economically significant. There is anomalous Cr, Ni and V-values associated with fine-grained, apparently mafic, intrusives (dyke versus sill?). The Cr, Ni and V-value patterns generally coincide. Should these anomalies prove greater in future drilling, it may be prudent to run samples for platinum group elements. There were no economically significant anomalous Au-values in the Zeus South drilling, where 187ppb Au from ZS1002 was the highest return. Associated with this observation was the general lack of observed quartz veining as noted in outcrop. Shear zones were noted in core. Based on a stripping work from autumn, 2010, there is a stronger gold association with quartz-veining within shearing. The nature of gold mineralization may be in ‘shoots’, which appear to have been missed in the drilling. Couple with positive results from drilling on adjacent properties, further drilling is warranted.

Sample Analysis Samples were delivered to the ACME Laboratories facility in Thunder Bay. Samples were subjected to Actlabs 1E3 analysis which is an ICP/OES process with aqua regia extraction for 37 elements (Appendix IV, Actlabs Assay Certificates). Each sample was also analyzed using Actlabs 1A2 Au analysis, which is a fire assay with AA finish, effective to 3000ppm Au. Any samples over 3000 ppm were re-analyzed using 1A3, which is a gravimetric finish fire assay method. Over range base metals were also to be subjected to metal assays.

Conclusions and Recommendations The exploration activities outlined in previous assessment reports (Campbell et al, 2009 & 2010) illustrated that the Rickaby property has reasonable expectations of containing a Hercules style Au deposit both on strike from Kodiak’s trend in the Zeus zone, and an analogous trend in the Koch-Daneff area. The Foisey-Larson zone has large size potential, and there is an opportunity to find areas of improved grade along this very long structure. Overall this is considered an excellent Au/Ag/Mo target. The KRK zone is a promising base metal target (copper, zinc, silver). Several targets were confirmed and expanded by the channel sampling. New targets were outlined in the IP/VLF/Magnetic survey, particularly in areas Koch-Daneff, Foisey-Larson and KRK. Winter 2010 drilling on the Foisey-Larsen and Zeus grids did return anomalous gold values, though not to the same extent as found in the trench samples. Variability in grades was also evident in Kodiak drilling on their Hercules showing. Not all targets were drilled due to weather and financial constraints. Zeus drilling results did have

15

indications for zones of chromite and vanadium, which may correlate to potential platinum group mineralization, as was postulated on geologic and geophysical modelling. It is recommended that Highland continue the GIS project for the area to collate previous assessment work, recent mineralized showings, and IP/VLF/Magnetic ground survey. Taking into account the results of recent drilling, this will allow for better targeting for mineralized areas, which can be followed up with detailed mapping, sampling, geophysics and drilling. There remain several target areas not drilled during the last program in winter 2010, with possibility for further trenching. It is expected that such a progressive program of exploration will cost on the order of $100,000 for the follow-up mapping and ground truthing, and approximately $500,000 to follow up with drilling. Overall these programs are expected to cost $650,000-$750,000.

16

References Blair, T., and Masson, M., 1997. Report on 1997 Diamond Drill Program, Kaby Lake Project,

NW Ontario, NTS 42E/13, Ministry of Northern Development and Mines, Assessment Report 2.17140.

Bond, J.E., 1995. Summary report, Houghton Option -Larsen Occurrence. Rickaby Township, Ministry of Northern Development and Mines, Assessment Report 2.17859.

Campbell, J. and Spence, I. 2009. Report on the Rickaby Property, Thunder Bay Mining Division of Ontario, Ministry of Northern Development and Mines, Assessment Report, W0940.01998.

Campbell J., Davis, C. and Chin, H. 2010. Report on the Rickaby Property, Thunder Bay Mining Division of Ontario, Ministry of Northern Development and Mines, Assessment Report, W1040.02870.

Erskine, G.,1998.Positive Ore Grade Results, News Release, Consolidated Shoshoni Gold Inc., December 14,1998.

Erskine, G., 2000. November 28,2000, News Release, Consolidated Shoshoni Gold Inc., November 28, 2000.

Glass, T., 1998. Consolidated Shoshoni Gold Inc., Logistics & Operational Report, Geophysical Surveys, Rickaby Township, Quantum-Ex Geophysics, Ministry of Northern Development and Mines, Assessment Report 2.18823.

Hill, Goettler, De Laporte Ltd., 1982.Farkel Company, Paint and Kaby Lake Project, Report on V.L.F.EM and Magnetometer Surveys, 1982, Ministry of Northern Development and Mines, Assessment Report 2.5415.

Hill, Goettler, De Laporte Ltd., 1983. Farkel Company, Paint and Kaby Lake Project, Report on Detailed V.L.F. EM and Induced Polarization Surveys, August 1983, Ministry of Northern Development and Mines, Assessment Report 2.5875.

Hunt, D.S., 2008. Diamond Drilling on the Hercules Project, Elmhirst township and Kaby Lake Area, Thunder Bay Mining Division for Kodiak Exploration Limited., Ministry of Northern Development and Mines, Assessment Report 2.38672.

MacDonald, G., 1998a. Consolidated Shoshoni Gold Inc., News Release, Consolidated Shoshoni Gold Inc., June 29, 1998.

MacDonald, G., 1998B. Consolidated Shoshoni Gold Inc., News Release, Consolidated Shoshoni Gold Inc., September 16, 1998

Mackasey, W.O., and Wallace H., 1978. Geology of Elmhirst and Rickaby Townships, District of Thunder Bay, Ontario Geological Survey Report 168.

Mason J., 2008.Gold in Felsic Intrusions in the Onaman-Tashota Belt, Recommendations for Exploration 2008-2009, Resident Geologist Program, Ontario Geological Survey, Brochure, p 12 -15.

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Mason, J., K., Seim, G., White, G.D., Bath, C., 1998. Koch-Daneff Occurrence, Report on Activities 1997, Resident Geologist Program, Thunder Bay North Resident Geologist's Report, Thunder Bay North-Sioux Districts, Ontario Geological Survey, Open File Report 5970, p.18.

OGS, 1989. Airborne Electromagnetic and Total Field Magnetic Survey, Tashota-Geraldton-Longlac Area, District of Thunder bay by Aerodat Ltd. for the Ontario Geological Survey, Geophysical/Geochemical Series Map 81307.

Pye, E.G., Harris, F.R., Fenwick, K.G., and Baille, J., 1966.Tashota-Geraldton Sheet, Thunder Bay and Cochrane Districts, Ontario Department of Mines, Geological Compilation Series, Map 2101.

Speed, A.A., and Craig, S., 1992.Beardmore-Geraldton Historical Research Project, Ministry of Northern Development Mines, Ontario Geological Survey, Open File Report 5283.

Spence, I. 1999.Drill Logs, Ministry of Northern Development and Mines, Assessment Report 2.19938.

Staargaard, C.F., 1998. A Proposal for Exploration on the Rickaby Copper-Zinc Property, Rickaby Township, Ontario Canada, NTS 42E/14, Consolidated Shoshoni Mines Inc., Unpublished Company Report.

Tommasi, M.,1998. More Ore Grade Intersections on the Rickaby Project, News Release, Consolidated Shoshoni Gold Inc., November 27, 1998.

Wodard, l. A., 1980. Electromagnetic VLF and Magnetic Survey for Dome Exploration (Canada) Ltd. On Project 145, Elmhirst and Rickaby Twps., Ontario, Ministry of Northern Development and Mines, Assessment Report 2.4194.

18

19

Statement of Qualifications I, Joe Campbell P.Geo., hereby certify that: 1. I am currently employed by GeoVector Management Inc.

Suite 312, 10 Green St., Nepean, Ontario, K2J 3Z6

2. I graduated with a BSc Honours degree in Geology from Acadia University in 1980.

3. I am a member of the Association of Professional Geoscientists of Ontario

(membership #0135). 4. I have worked continually as a geologist for a total of 30 years since my

graduation from university. 5. I participated in, and I am responsible for, the preparation of the report titled

“REPORT ON DIAMOND DRILLING on the RICKABY PROPERTY” which is based on work done between January and March 2010.

6. I personally participated in and was overall manager for the field work for the

2010 drilling campaign and I have personally verified the areas of work claimed for this campaign.

Dated this 26th day of April, 2011

Appendix I: Rickaby Property, Winter 2011; Personnel GeoVector Personnel Joe Campbell (Supervisor)

Ottawa, Ontario

Roman Tykajlo (Geophysicist) Ottawa, Ontario

Mat Trevors (Geologist) Fredericton, New Brunswick

Victor Smith (Camp Manager) London, Ontario

Robert Denmans (Camp Manager & Geotechnician) Colin Spence (Geotechnician) Thunder Bay, Ontario

Chris Naismith (Geotechnician)

Thunder Bay, Ontario

Christine Gladu (Cook) Beardmore, Ontario

Carroll Cummings (Cook) [City], Manitoba

Linda Binkley (Cook) Jellicoe, Ontario

Gordon Binkley (Road Mantenance) Jellicoe, Ontario

Contractors Marc Van Dine (Excavator Operator – Road Construction

Beardmore, Ontario Bradley Brothers Limited (Drillers) Timmins, Ontario

Rejean Jacques Rene Turgeon Frances Turcotte Yan Richard Raynald Gagnon

Luc Richard Eric Richard

Marc Boulager Derek Laing

Derek McCorriston Diamond drilling was completed between January 31st and March 10th 2010 by Bradley Brothers Limited of Timmins Ontario. The crew usually consisted of 2 men/shift (driller & helper) with 2 shifts/day. During the course of drilling several crew changes were made resulting in 10 different personnel from Bradley Brothers Limited working on the program.

Appendix II: Rickaby Property, Winter 2010; Drill Logs

Appendix III: Rickaby Property, Winter 2010; Core Sample Tables

Appendix IV: Actlabs Analytical Certificates

ROCK TYPESNote: All rocks are metamorphosed unless indicated otherwise in the log

Rock types shown on logs are based on genetic equivalents of metamorphic rocks

40 Overburden 2d Silicate Iron Formation1a Greywacke interbedded mudstone 3a Phyllitic mudstone1b Greywacke massive 3b Chloritic mudstone2a Sulphide Iron Formation 3c Argillite2b Carbonate Iron Formation 14 Sandstones/Quartzites2c Oxide Iron Formation

Volcanics4va Felsic Volcanic (Rhyolite)4vb Intermediate Volcanic (Dacite, Andesite)4vc Mafic Volcanic (Basalt)

Intrusive4a Felsic Intrusives (Granites) UM Ultramafic Rock4b Intermediate Intrusive (undefined) PO Porphyry (document mineralogy)4c Mafic Intrusive PG Pegmatite6 Granite plutons DI Diorite

SWK Stockwork FZ Fault ZoneVN Vein MYL Mylonite

QVN Quartz Vein MYX Mylonitic BrecciaeCBV Carbonate Vein BXZ Breccia ZoneNS$ Near Solid Sulphides HBX Hydrothermal BrecciaDS$ Disseminated Sulphides ATZ Alteration ZoneST$ Stringer Sulphides UNK Unknown (i.e. altered beyond recognition)

WM$ Well Mineralized Zone LC Lost CoreSHR Shear Zone (rock type unknown) GC Ground Core

NB: Other rock types can be added if they are significantly different to those above.

Miscellaneous Units

LEGEND FOR RICKABY PROJECT

Sedimentary

LEGEND FOR RICKABY PROJECT

MODIFIERS

Volcaniclastic Texturesam Amygdaloidal tbx Tuff Breccia (Volcanic Breccia)abx Autobrecciated tfl Lapilli Tufffl flow tuf Tufffr fragmental vcn Volcanic Conglomeratepc Pyroclastic atf Ash Tufpl pillowed sx spinifexp Porphyritic qe quartz eye's

Sedimentary Textureslm Laminated pb Pebblerb rhythmic bedding cb Cobblecl cross laminated bd Bouldertb turbidite cc Calcareousgb graded bedding gh graphitic

fl fossiliferous

Metamorphic Texturesgns gneissic sch schistosephl phyllitic hf hornfelpb porphyroblastic

General Texturesvfg Very fine-grained ml mottledfg Fine-grained bx brecciamg Medium-grained sg sugarycg Coarse-grained gr granularht Heterolithic eu euhedralmn Monolithic vg Vuggymx Massive swk stockwork

COLOURbl black grl light green cr creambr brown grd dark green tn tanbg blue grey or orange tr translucentgd dark grey pk pink wt whitegl light grey ru rusty yl yellowgr green rd red bs brass

LEGEND FOR RICKABY PROJECTMINERAL INTENSITY QUALIFIER’SWEAK 1MODERATE 2STRONG 3

ALTERATION MINERALScl Chlorite cb Carbonate (Ankerite, siderite)ser Sericite sil Silica

OTHER MINERALS ECONOMIC MINERALSact Actinolite he Hematiteab Albite il Illite as Arsenopyrite ap Apatite jr jarosite az azuriteamp Amphibole jp Jasper bo Bornitean Anthophyllite ka Kaolinite ca Chalcocitebi Biotite kpr K-spar cp Chalcopyriteco Corderite li Limonite cv covellitecy Clay mag Magnetite gl Galenadc Dickite mv Muscovite mc Malachite (Cu oxide)dl Dolomite pf Plagioclase mo Molybdeniteep Epidote pp Pyrophyllite pt pentlanditefu Fuchsite (green mica) px Pyroxene py Pyritefx Feldspar qz Quartz po Pyrrhotitegt Garnet slm Sillimanie sb Stibnitego Goethite st Staurolite sp Sphaleritegph Graphite tc Talc VG Goldgy Gypsum to Tourmalinehb Hornblende spt Serpentine

SULPHIDE TEXTURESms massive ma matrix fg fine graineddo disseminated in infill eu euhedralsr stringer pb porphyroblastic wb webbl blebby nm near massive rp replacementla laminated bd banded nl needlegr granular wsp wispy

STRUCTURE Vein Typesvn Vein S0 Bedding vn Veinvt Veinlet gc Geological Contact vs Vein Setsr Stringer S1 Foliation, schistosity dv Discontinuoussz Stringer Zone S2 etc Foliation, schistosity bv Boudinagedsw Stockwork fd Fold sv Sinuousft Fault ax Fold Axis sw Stockworkfr Fracture sh Shear Zone bx Breccialn Lineation ss Slickensides cc cross-cuttingjt Joint fz fault zone sb stratibound

fg fault gouge sf stratiform

GeoVector Management Inc Summary Geological Log

PROJECT: GRID Name or No: DATUM: AZIMUTH:

HOLE NO: NORTHING: ZONE: INCLINATION:

LOGGED BY: EASTING: UTM Northing: FINAL DEPTH (m):

START DATE: ELEVATION: UTM Easting: CORE SIZE:

FINISH DATE: Casing (m): UTM Elevation: Magnetic Declination:

DRILL CO: CASING LEFT IN HOLE:

Code

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0.00 1.84 1.84 40 Casing to 3m, 1.16 cm of NW core1.84 23.93 22.09 4b cg mx qz fx gl pk 2 3 2 py 2.00 do fg eu gc 50 biotitic, cl yellow green (plag xls) and black (frac), plag has slight pale clue

colour?23.93 24.73 0.80 UM vfg mx spt tc grd bl 2 2 py 2.00 do fg eu ca vt qz cl hm gc 60 ca vt throughout24.73 25.11 0.38 4b cg mx qz fx gl pk 3 2 py 1.00 do fg eu gc 25 sharp contact, undulating, bottom contact rip up clast i.e. UM intruding 4a,

plag has slight pale clue colour?25.11 32.70 7.59 UM vfg mx spt tc grd bl 2 2 py 2.00 do fg eu ca vt qz cl hm gc 60 ca vt throughout32.70 36.74 4.04 4b SHR mg fol fx qz rd gl 1 3 2 py 3.00 do fg eu cl vt gc 80 cl frac/vt, cl yellow green and black, brittle-ductile def?32.70 40.70 8.00 4b cg mx qz fx gl pk 1 3 2 py 1.00 do fg eu gc 50 less biotite, finer crystalline, sharp lower contact40.70 40.79 0.09 UM vfg mx spt tc grd bl 2 2 py 2.00 do vfg eu40.79 42.25 1.46 4b cg mx qz fx gl pk 1 3 2 py 1.00 do fg eu like 32.70-40.70m42.25 42.99 0.74 SHR 4b vfg lm qz fx gd rd 1 3 3 sh 60 aphanitic, laminated, strong ductile deformation?42.99 43.84 0.85 4b SHR cg mx qz fx rd gl 1 2 3 3 py 1.00 do fg eu brittle-ductile def?43.84 44.42 0.58 SHR 4b vfg lm qz fx gd rd 1 3 3 sh 60 aphanitic, laminated, strong ductile deformation? Less ductile than 42.99-

43.84m, some rolled pebble frags44.42 52.60 8.18 4b SHR cg mx qz fx rd gl 1 2 3 2 brittle-ductile def? minor bands strong ductile def.52.60 84.93 32.33 4b cg mx qz fx gl pk 1 3 2 py 2.00 do fg eu gc 50 like 1.84-23.93m without the greenish yellow plag, biotitic, cl black (frac), plag

has slight pale clue colour?alt pink (pot?) and grey (sil - py up)84.93 85.97 1.04 4b SHR cg bx qz fx gl pk 1 3 2 py 2.00 do fg eu qz cc cl py gc 50 shoulder of ductile shear, brittle shear?85.97 87.44 1.47 SHR 4b vfg lm qz fx gd rd 1 3 3 sh 60 aphanitic, laminated, strong ductile deformation?87.44 88.03 0.59 4b SHR cg bx qz fx rd gl 1 2 3 3 gc 50 brittle-ductile def? criss crossing fracture/stringers88.03 88.39 0.36 SHR 4b cg lm qz fx gd rd 1 3 3 sh 60 aphanitic, laminated, strong ductile deformation?88.39 88.55 0.16 4b SHR cg bx qz fx rd gl 1 2 3 3 gc 80 brittle-ductile def? criss crossing fracture/stringers88.55 130.87 42.32 4b cg mx qz fx rd gl 2 3 2 py 1.00 do in fg alternating bands of spotty green (plag - cl) and grey (sil +/- incr py), qz +/- cl

common 70-80ACA - rare 20-40ACA, var py diss fg eu -rare in green

130.87 132.25 1.38 4b SHR cg bx qz fx gd gl 1 3 py 1.00 do in fg criss crossing fracture/stringers132.25 145.92 13.67 4b cg mx qz fx rd gl 2 3 2 py 1.00 do in fg alternating bands of spotty green (plag - cl) and grey (sil +/- incr py), qz +/- cl

common 70-80ACA - rare 20-40ACA, var py diss fg eu -rare in green

- EOH EOH EOH

COMMENTS

Alteration Intensity Sulphide Veins

5W

Mineralisation Structural Measurements

Comments:

Depth Rock Type Colour ALTERATION

Bradley Bros. no

HOLE ORIENTATIONNAD83 80.0Foisey-Larsen

FL-10-01C. Davis

HOLE DESCRIPTION

Highland - Rickaby0+75S

3+25W

n/a5-Feb-10

HOLE LOCATION

1-Feb-101.84

n/a

-50.0

5518575 145.92

462662 NQ

16







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0.00 3.20 3.20 40 Casing to 4m, 0.8cm of NW core3.20 6.13 2.93 4b cg mx qz fx gm grd 1 3 py 8.00 do eu sr gc 506.13 6.57 0.44 UM fg lm amp spt grd gd 3 2 1 py tr do eu gc 506.57 7.14 0.57 PO p mx pf bl grd 1 3 py tr do eu gc 15 irregular bottom contact, possibly interbed7.14 7.89 0.75 UM fg lm amp spt grd gd 3 2 1 py tr do eu gc 307.89 9.17 1.28 PO p mx pf bl grd 1 3 py tr do eu gc 20 bottom contact not as sharp as top contact, soft unit - in particular top

contact9.17 10.00 0.83 SHR UM vfg sch spt amp gm gd 2 3 py 2.00 do eu sr gc 3010.00 11.18 1.18 PO p mx pf bl grd 1 3 py tr do eu gc 4011.18 16.53 5.35 4b cg mx qz fx grl pk 2 3 2 py tr do eu gc 4016.53 18.93 2.40 PO p mx pf bl grd 1 3 py tr do eu gc 3018.93 22.44 3.51 4b cg mx qz fx grl pk 2 3 2 py tr do eu gc 3022.44 22.60 0.16 UM fg lm amp spt grd gd 3 2 1 py tr do eu gc 4022.60 23.83 1.23 4b cg mx qz fx grl pk 2 3 2 py tr do eu gc 4023.83 30.77 6.94 UM fg lm amp spt grd gd 3 2 1 py tr do eu gc 4030.77 31.00 0.23 VN mx sf qz hem wt grm 1 3 py tr do eu gc 4031.00 40.47 9.47 4b cg mx qz fx gm pk 1 3 2 py tr do eu gc 80 bottom contact lost? Rod spin40.47 43.00 2.53 4b cg mx qz fx rd gm 2 3 3 py tr do eu gradual bottom contact change43.00 43.35 0.35 4b SHR mg bx qz kpr rd gm 2 2 3 3 py tr do eu gc 4043.35 43.88 0.53 VN mx sf qz py wt grm 1 3 py tr do eu gc 80 bottom contact lost? Rod spin43.88 46.52 2.64 SHR 4b cg fol pf kpr rd gm 2 3 3 py 15.00 do in eu gc 40 strong py46.52 51.23 4.71 SHR 4b cg fol pf kpr gm rd 2 3 3 py 8.00 do in eu gc 50 mod py51.23 55.13 3.90 SHR 4b mg bx pf kpr gm rd 2 3 3 py 8.00 do in eu qz dv cl py gc 70 irregular discontinuous quartz veining55.13 55.60 0.47 4b SHR mg bx qz kpr rd gm 2 2 3 3 py tr do eu gc 4055.60 62.42 6.82 4b cg mx qz fx rd gm 1 2 3 3 py tr do eu gc 4062.42 63.15 0.73 SHR UM vfg sch spt amp gm gd 2 3 py tr do eu gc 4063.15 71.40 8.25 4b cg mx qz fx gm pk 1 3 2 py tr do eu gc 8071.40 73.15 1.75 4b cg mx qz fx pk gm 1 3 2 py tr do eu gc 8073.15 74.87 1.72 4b cg mx qz fx gm pk 1 3 2 py tr do eu gc 8074.87 92.40 17.53 4b cg mx qz fx pk gm 1 3 2 py tr do eu gc 8092.40 92.47 0.07 UM fg lm amp spt grd gd 2 1 py tr do eu gc 8092.47 92.59 0.12 VN vn sf qz cl wht grd 1 3 py tr sr eu vn 7092.59 93.36 0.77 4b cg mx qz fx pk gm 1 3 2 py tr do eu gc 70 alternating interstections of colour gm (mod-st sil) and pk w/ grl spots (pf to

cl)93.36 93.42 0.06 VN vn sf qz cl wht grd 1 3 py tr sr eu vn 7093.42 99.33 5.91 4b cg mx qz fx pk gm 1 3 2 py tr sr eu gc 60 alternating interstections of colour gm (mod-st sil) and pk w/ grl spots (pf to

cl)99.33 101.17 1.84 UM fg lm amp spt grd gd 3 2 1 py tr do eu gc 60101.17 110.17 9.00 4b cg mx qz fx pk gm 1 3 2 py tr sr eu gc 10 alternating interstections of colour gm (mod-st sil) and pk w/ grl spots (pf to

cl)110.17 110.53 0.36 UM fg mx amp fp bk py 1 1 py 3.00 do eu cg gc 50110.53 110.68 0.15 4b cg mx qz fx pk gm 1 3 2 py tr sr eu gc 60 alternating interstections of colour gm (mod-st sil) and pk w/ grl spots (pf to

cl)110.68 110.86 0.18 SHR UM fg lm amp spt grd gd 2 1 gc 60110.86 111.97 1.11 4b cg mx qz fx pk gm 1 3 2 py tr sr do eu gc 60 alternating interstections of colour gm (mod-st sil) and pk w/ grl spots (pf to

cl)111.97 112.76 0.79 UM fg lm amp spt grd gd 2 1 py 3.00 do eu mg gc 40112.76 139.66 26.90 4b cg mx qz fx pk gm 1 3 2 py tr sr do eu alternating interstections of colour gm (mod-st sil) and pk w/ grl spots (pf to

cl)- EOH EOH EOH

8-Feb-10

HOLE LOCATION

6-Feb-10 0

-50.0

5518365 140.00

462737 NQ

16FL-10-02C. Davis

HOLE DESCRIPTION


3+25W

Colour ALTERATION

4.00

no


0

COMMENTS


5W


Comments:

Depth Rock Type







DRILL CO: CASING LEFT IN HOLE:

Code


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0.00 1.35 1.35 401.45 11.15 9.70 4b cxl mx amp pf bk wt 1 1 3 gc 70 more dioritic looking than FL1001 & 02, salt & pepper, no pink - fresher,

less altered?11.65 12.65 1.00 4b SHR cxl fol amp pf gm bg 2 1 3 py 1.00 do fg eu gc 70 stonger sil, qz cl st 1-3 cm spacing 70 ACA, weak brittle shear?12.65 22.24 9.59 4b cxl mx amp pf bk wt 1 1 3 py tr do fg eu gc ? bottom contact ground?22.24 23.53 1.29 UM mxl fol amp pf grd bk 2 1 gc 70 lacks common cal st found in UM units in FL10-01 & 0223.53 35.40 11.87 4b cxl mx amp pf bk wt 1 1 3 gc 7035.40 35.45 0.05 QV vn sf qz py wt gl 3 py 3.00 sr fg eu vn 70 pyrite stringers along margins - stronger footwall, 8cm sil margins both

sides35.45 38.85 3.40 4b cxl mx amp pf bk wt 1 1 3 gc 6038.85 42.79 3.94 UM mxl fol amp pf grd bk 2 1 py 2.00 do mg bl gc 50 py brownish but not magnetic, fine black stringer - cl?, lacks common cal st

found in UM units in FL10-01 & 0242.79 59.00 16.21 4b cxl mx amp pf bk wt 1 1 3 gc 6059.00 65.19 6.19 4b cxl mx amp pf bk wt 2 2 3 py tr do fg eu gc 60 felsics more yellow/green - ser?65.19 68.13 2.94 UM mxl mx amp pf grd bk 2 1 1 gc 50 weaker fol than prev, lacks common cal st found in UM units in FL10-01 &

0268.13 80.65 12.52 4b cxl mx amp pf bk wt 2 1 3 py tr do fg eu gc cl stronger near UM80.65 80.98 0.33 4b QV cxl mx amp pf bk wt 2 1 3 py 3.00 do fmg eu qz vn py cl vn 70 qz vn with py st, int 6cm, 15cmHW/10cmFW margins very strong sil80.98 88.46 7.48 4b cxl mx amp pf bk wt 2 1 3 gc 7088.46 95.83 7.37 4b cxl mx amp pf bk bg 2 2 3 qz st cl py gc 70 bands of strong sericitic alteration - grey blue bands, 2 to 50cm wide with

higher py, otherwise rare py, 2x qz vn 1cm & 5cm95.83 104.09 8.26 4b cxl mx amp pf bk wt 1 1 3 minor bands of strong sericitic alteration - grey blue bands 2-8cm, tr py

104.09 106.31 2.22 PO UM p mg pf amp gd bk 2 1 1 py tr do fg eu 5cm twist pattern, subround-subangular phenocrysts, vcXl - vfXl, large>white, smaller>black

106.31 114.75 8.44 4b cxl mx amp pf bk wt 2 2 3 qz st cl py gc 70114.75 115.11 0.36 PO UM p mg pf amp gd bk 2 1 1 py tr do fg eu subround-subangular phenocrysts, vcXl - vfXl, large>white, smaller>black

115.11 123.64 8.53 4b cxl mx amp pf bk wt 2 2 3 qz st cl py gc 70123.64 124.15 0.51 PO UM p mg pf amp gd bk 2 1 1 py tr do fg eu subround-subangular phenocrysts, vcXl - vfXl, large>white, smaller>black

124.15 124.63 0.48 4b cxl mx amp pf bk wt 2 2 3 qz st cl py gc 70124.63 124.87 0.24 4b cxl mx amp pf bg gm 1 3 3 py 3.00 do fg eu124.72 124.78 0.06 4b QV vn sf qz py 3 vn 70124.87 128.27 3.40 PO UM p mg pf amp gd bk 2 1 1 py tr do fg eu subround-subangular phenocrysts, vcXl - vfXl, large>white, smaller>black,

weak twist pattern128.27 128.92 0.65 4b cxl mx amp pf bk wt 1 1 3 1 qz st cl py pf to kpr weak (red streak in white), gradual contacts128.92 130.45 1.53 4b cxl mx amp pf bk pk 1 1 3 2 qz st cl py ca weak-non ductile def, weak & thick fol/sch 60ACA, pf more uniformly

pink/red, gradual upper & lower contacts130.45 131.07 0.62 PO UM p mg pf amp gd bk 2 1 1 1 py tr do fg eu qz st cl py ca sh 60 mod ductile def, foliation/compositional banding 60ACA, vfg matrix131.07 132.12 1.05 SHR 4b cxl lm amp kpr pk gm 1 1 3 3 py 3.00 do sf eu qz st cl py ca sh 60 mod ductile def, mod - thick foliation/shistocity 60ACA, mafic ductile -

felsics bx, pf uniformly pink/red, some bands with stonger py sf do eu132.12 132.24 0.12 QV vn sf qz cl wt grd 2 1 3 3 py qz vn cl py vn 50 massive qz with st/sw cl, py in margins 5-8% st-do, shr margins bx 4cm +/-

132.24 134.68 2.44 SHR 4b cxl fol amp kpr pk gm 1 1 3 3 py 3.00 do mg eu qz st cl py ca sh 60 weak mod ductile def, thick foliation/compositional banding 60ACA, graduallower contact

-50.0

5517933 287.00

462825 NQ

16

HOLE DESCRIPTION


3+75W

HOLE LOCATION

FL1003C. Davis


10-Feb-10

Depth Rock Type Colour

Comments:

Bradley Bros.

n/a

n/a14-Feb-10

ALTERATION

3.00

no

COMMENTS


5W



Code


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Depth Rock Type Colour ALTERATION

COMMENTS

Alteration Intensity Sulphide VeinsMineralisation Structural

Measurements

134.68 141.64 6.96 4b cxl fol amp kpr pk gm 1 1 3 2 py 3.00 do mg eu qz st cl py ca sh 60 weak-non ductile def, weak & thick fol/sch 60ACA, pf more uniformly pink/red, gradual upper & lower contacts

141.64 156.60 14.96 4b cxl mx amp pf bk wt 1 1 3 1 py tr do fg eu qz st cl py ca pf to kpr weak (red streak in white), gradual contacts156.60 157.26 0.66 4b cxl fol amp kpr pk gm 1 1 3 2 py 3.00 do mg eu qz st cl py ca sh 60 weak-non ductile def, weak & thick fol/sch 60ACA, pf more uniformly

pink/red, gradual upper & lower contacts157.26 157.73 0.47 SHR 4b cxl lm amp pf pk gm 1 3 3 py tr do fg eu tight compositional banding, mafic ductile def - felsics brittle & bx,

deformed 4b157.73 157.85 0.12 QV vn sf qz cl wt grd 2 1 3 3 py qz vn cl py vn 40157.85 164.59 6.74 SHR 4b mxl lm amp kpr rd gm 1 1 3 3 py 1.00 sr fg eu cl st qz tight compositional banding, mafic ductile def - felsics brittle & bx,

deformed 4b, gradual lower contact164.59 169.00 4.41 SHR 4b mxl bx amp kpr rd pk 1 1 3 3 py 1.00 sr fg eu cl st qz lacks tight compositional banding of prev interval, fol evident, more red

overall, bk st (fracs?) common - brittle > ductile?, gradual contacts169.00 171.11 2.11 4b cxl mx amp kpr pk gd 1 1 3 3 py tr do fg eu cl st qz xl boundaries indistinct, cl qz st/fracs less comon, red/pink continues,

gradual contacts171.11 182.99 11.88 4b cxl mx amp kpr pk gm 1 1 3 2 py tr do fg eu qz st cl py xl boundaries distinct, less cl qz st/fracs, pot alt decreasing (less red/pink),

gradual contacts182.99 205.44 22.45 4b cxl mx amp pf gm wht 1 1 3 1 py tr do fg eu qz st cl py xl boundaries distinct, less cl qz st/fracs, weak pot alt, pf more

green/yellow than red/pink, gradual contacts205.44 212.86 7.42 4b cxl mx amp pf grl pk 1 1 3 1 1 py tr do fg eu qz st cl ep py ep st - apple green212.86 215.11 2.25 4b cxl mx amp pf grl gm 1 2 3 2 py tr sr fg eu qz st cl ep py more perv ep, xl boundaries blurred, mafics less distinct215.11 218.27 3.16 4b cxl mx amp pf grm bg 1 3 3 2 py 8.00 do mg eu qz st cl py mafics conspicuous/distinct, py increase, gradual lower contact218.27 221.04 2.77 PO 4b p mg pf amp gd bk 2 1 2 py tr do cg eu qz st cl py interbedded PO & 4b (cxl/mx, amp/pf, grl/gm, mod cl, no pot), bands 20-

50cm221.04 224.03 2.99 4b cxl mx amp pf bk grl 2 1 3 py tr do fg eu224.03 224.63 0.60 UM fxl mx pf amp grd bk 2 3 bx upper contact with upper unit frags224.63 225.04 0.41 4b cxl mx amp kpr pk gm 2 3 2 py tr do fg eu qz st cl py225.04 229.90 4.86 4b cxl mx amp pf gm wht 2 1 3 1 py tr do fg eu qz st cl py229.90 230.27 0.37 SHR UM mxl lm amp cl grm grd 3 py tr sr fg eu qz st cl py sh 60230.27 231.10 0.83 4b cxl mx amp pf grm bg 1 3 3 py tr sr fg eu qz st cl py231.10 231.47 0.37 SHR UM mxl lm amp cl grm grd 3 py tr sr fg eu qz st cl py sh 60231.47 233.95 2.48 4b cxl mx amp pf bk grl 2 2 3 bands of blue-grey - incr ser/sil assoc with qz cl (var py)st233.95 252.28 18.33 4b cxl mx amp pf bk grl 2 1 3 1 pf greenish-yellow - cl/ser? Var ep st252.28 252.34 0.06 PO po mx pf amp bk gd 1 1 1 3 1252.34 252.44 0.10 4b cxl mx amp pf bk grl 2 1 3 1252.44 252.87 0.43 PO po mx pf amp bk gd 1 1 1 3 1 py 2.00 do fg eu252.87 254.22 1.35 4b cxl mx amp pf bk grl 2 1 3 1254.22 254.46 0.24 PO254.46 257.54 3.08 4b cxl mx amp pf bk grl 2 1 3 1 py 2.00 do fg eu257.54 258.70 1.16 4b cxl mx amp pf bk bg 2 2 3 1 py 5.00 do fg eu258.70 260.30 1.60 SHR UM mxl lm amp pf grd bk 3 1 1 1 py 8.00 sr do mg sh 50260.30 260.86 0.56 4b cxl mx amp pf bk bg 2 2 3 1260.86 262.91 2.05 SHR UM mxl lm amp pf grd bk 3 1 1 1 py 3.00 sr do mg sh 40262.91 270.89 7.98 4b cxl mx qz fx pk grl 2 1 3 2 2 ep bands 2-3 cm wide & 5-30cm spacing, fel>maf, rare qz st, rare py270.89 281.79 10.90 4b cxl mx amp pf bk wt 1 1 3 mafic component conspicuous281.79 284.85 3.06 PO UM po mx pf amp bk gd 1 1 1 3 1 gc 20 pf subround-subang, potassic bands/granitic dyklets? Pink, crosses

contact with upper & lowere units, minor qz vt & st284.85 286.96 2.11 4b cxl mx amp pf bk wt 1 1 3 qz vt cl vt 70 mafic component conspicuous

- EOH EOH EOH







CASING LEFT IN HOLE:

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0.00 1.18 1.18 40 Overburden1.18 3.33 2.15 4b cxl fol qz fx pk gm 2 1 3 1 fol 60 NW casing core3.33 9.90 6.57 4b cxl fol qz fx pk gm 2 1 3 2 py 5.00 do fg eu fol 60 indisctinct xl bounds, fel>maf, grn>pk = cl(+ser?)>pot, minor x-cut granitoid

st, some rust at open fracs - surface effect?, gradual contacts

9.90 11.80 1.90 SHR 4b cxl fol qz fx pk gm 1 1 3 3 py 5.00 do fg eu sh 60 indistinct xl bounds, less ductile def - maf less deformed than following, more pot than previous, gradual contacts

11.80 14.60 2.80 SHR 4b cxl lm qz fx grl gm 2 1 3 3 py 2.00 do fg eu sh 50 ductile def - maf > fel, tight layering - wk comp layering, protolith still discernible, gradual contacts

14.60 19.90 5.30 SHR 4b cxl fol qz fx pk gm 2 1 3 2 py tr do fg eu sh 50 less comp banding, blurred xl bounds, maf more def than fel, less pot than previous, gradual contacts

19.90 29.96 10.06 4b SHR cxl fol qz fx gm pk 2 1 3 1 py tr do fg eu qz vt cl fol 60 indistinct xl bounds, fel>maf, grn>pk = cl(+ser?)>pot, gradual contacts

29.96 34.68 4.72 SHR 4b cxl lm qz fx gm pk 2 1 3 1 py tr do fg eu qz vt cl sh 60 ductile def - maf > fel, xl boundaries obliterated in parts, protolith still discernible, common qz cl vt irreg, cl st/sw, gradual contacts

34.68 57.29 22.61 4b SHR cxl fol qz fx gm pk 2 1 3 1 py tr do fg eu qz vt cl fol 60 indistinct xl bounds, fel>maf, grn>pk = cl(+ser?)>pot, gradual u/c, sharp l/c, common milky qz cl +/- ca vt/st, cl st/sw

57.29 82.17 24.88 4b cxl mx fx amp bk pk 2 1 3 2 qz st cl distinct Xl bounds, fel = maf +/-, sharp u/c, less common milky qz cl +/- ca vt/st, cl st/sw than prev interval

82.17 82.66 0.49 UM PO fxl mx pf spr grl gm 3 1 2 qz st ca cl gc 7082.66 83.27 0.61 SHR UM lm fxl pf spr grl gm 3 1 1 2 py tr st fg eu qz st ca cl rhd sh 6083.27 83.69 0.42 4b cxl mx fx amp bk pk 2 1 3 2 qz st cl distinct Xl bounds, fel = maf +/-, sharp u/c, less common milky qz cl +/- ca

vt/st, cl st/sw than prev interval83.69 83.96 0.27 UM PO fxl mx pf spr grl gm 3 1 2 qz st ca cl gc 8083.96 86.71 2.75 4b cxl mx fx amp bk pk 2 1 3 2 qz st cl distinct Xl bounds, fel = maf +/-, sharp u/c, less common milky qz cl +/- ca

vt/st, cl st/sw than prev interval86.71 90.71 4.00 UM PO fxl mx pf spr grl gm 3 1 2 qz st ca cl gc 7090.71 94.50 3.79 4b cxl mx fx amp bk pk 2 1 3 2 py tr do fg eu qz st cl distinct Xl bounds, fel = maf +/-, sharp u/c, less common milky qz cl +/- ca

vt/st, cl st/sw than prev interval94.50 99.00 4.50 4b cxl mx fx amp bk bg 1 2 3 1 py tr do fg eu qz st cl py bands 10-30cm wide of strong sil/ser (bg)99.00 100.00 1.00 4b cxl mx fx amp pk grl 2 1 3 2 1 qz st cl blotchy Ep

100.00 104.00 4.00 4b cxl mx fx amp bk bg 1 2 3 1 py tr do fg eu qz st cl py bands 10-30cm wide of strong sil/ser (bg)104.00 110.60 6.60 4b cxl mx fx amp bk grl 2 1 3 1 1 qz st cl blotchy Ep110.60 110.96 0.36 4b cxl mx qz amp bg gd 1 3 3 1 py 3.00 do mg eu qz st cl strong sil, xl bounds very indistinct, dark blue grey, pyrite common 110.96 111.72 0.76 4b cxl mx fx amp bk grl 2 1 3 1 1 qz st cl blotchy Ep111.72 112.39 0.67 4b cxl mx qz amp bg gd 1 3 3 1 py 3.00 do mg eu qz st cl strong sil, xl bounds very indistinct, dark blue grey, pyrite common 112.39 113.38 0.99 4b cxl mx fx amp bk grl 2 1 3 2 1 qz st cl blotchy Ep113.38 114.11 0.73 4b cxl mx qz amp bg gd 1 3 3 1 qz st cl hem vt 40 strong sil, xl bounds blurred in str sil bands, dark blue grey, qz cl st in

middle with red (hem?)114.11 115.22 1.11 4b cxl mx fx amp bk grl 2 1 3 1 1 qz st cl blotchy Ep115.22 116.12 0.90 4b cxl mx fx amp bk grl 2 1 3 2 1 qz st cl blotchy Ep116.12 116.49 0.37 4b cxl mx qz amp bg gd 1 3 3 1 qz st cl strong sil bands, dark blue grey116.49 117.45 0.96 4b cxl mx fx amp bk grl 2 1 3 2 1 qz st cl blotchy Ep117.45 122.59 5.14 4b cxl mx qz amp bg rd 1 3 3 2 py tr do fg eu qz st cl strong sil, dark blue grey122.59 123.26 0.67 4b cxl mx qz amp bg gd 1 3 3 1 py 10.00 do st cg qz st cl very strong sil, xl bounds very indistinct, dark blue grey, pyrite common -

stronger near qz cl st123.26 124.15 0.89 4b cxl mx qz amp bg rd 1 3 3 2 py 3.00 do fg eu qz st cl strong sil, xl bounds very indistinct, dark blue grey, pyrite common

17-Feb-10

HOLE LOCATION

14-Feb-10 n/a

-50.0

5517810 181.00

462992 NQ

16FL1004C. Davis

HOLE DESCRIPTION


2+50W

Colour ALTERATION

3.00

No


n/a

COMMENTS


5W


Comments:

Depth Rock Type


Code


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k Fo

rmin

g M

iner

al 2

Mai

n C

olou

r

Seco

ndar

y C

olou

r

Chl

orite

Seric

ite

Car

bona

te

Ank

erite

, Sid

erite

Silic

a

Pota

ssic

Oth

er A

lt

Oth

er A

lt

Sulp

hide

Typ

e

Sulp

hide

%

Mai

n Te

xtur

e

Seco

ndar

y Te

xtur

e

Third

Tex

ture

Vein

Min

eral

ogy

Vein

Typ

e

Mai

n A

cces

sory

M

iner

alog

ySe

cond

ary

Acc

esso

ry

Min

eral

ogy

Third

Acc

esso

ry

Min

eral

ogy

Stru

ctur

e / C

onta

ct

AC

A

Colour ALTERATION

COMMENTS

Alteration Intensity Sulphide VeinsMineralisation Structural

MeasurementsDepth Rock Type

124.15 125.35 1.20 4b cxl mx qz amp bg gd 1 3 3 1 py 10.00 do st cg qz st cl very strong sil, xl bounds very indistinct, dark blue grey, pyrite common - stronger near qz cl st, core loss 124.15-124.34m

125.35 127.43 2.08 4b cxl mx qz amp bg rd 1 3 3 2 py 3.00 do fg eu qz st cl strong sil, xl bounds very indistinct, dark blue grey, pyrite common 127.43 134.16 6.73 4b cxl mx fx amp bk grl 2 1 3 2 1 qz st cl blotchy Ep134.16 137.07 2.91 4b cxl mx qz amp bg rd 1 3 3 2 py 3.00 do fg eu qz st cl strong sil, xl bounds very indistinct, dark blue grey, pyrite common137.07 138.94 1.87 UM fg mx amp spt grd gd 2 1 1 3 py tr do st fg qz st cl ca common qz cl st 70-80 ACA - erratic ACA, u/c bxd138.94 143.70 4.76 4b cxl mx qz amp bg rd 1 3 3 2 py tr do fg eu qz st cl strong sil, xl bounds very indistinct, dark blue grey, pyrite common143.70 145.66 1.96 4b cxl mx fx amp bk grl 2 1 3 2 1 qz st cl blotchy Ep145.66 145.91 0.25 UM fg mx amp spt grd gd 2 1 1 3 py tr

Date post:	10-Aug-2020
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REPORT ON DIAMOND DRILLING on the RICKABY PROPERTY · in the Onaman-Tashota Greenstone belt in...

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