Top Banner
2-33676 NORTH AMERICAN PALLADIUM LTD. LAC DES ILES MINES LTD. PROSPECTING-G EOLOGY-GEOPHYSICS-DRILLING REPORT ute 1 1 2006 TYKO PROPERTY NORTHWESTERN ONTARIO Olga Lake Area Claim Maps G-0604, M-0003 NTS 42C/13NW and 42C/14NE GEOSCIENCE ASSESSMENT OFFICE Thunder Bay, Ontario December 4, 2006 Jason Rickard Exploration Geologist
146

PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

Apr 11, 2023

Download

Documents

Khang Minh
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

2-33676 NORTH AMERICAN PALLADIUM LTD.

LAC DES ILES MINES LTD.

PROSPECTING-GEOLOGY-GEOPHYSICS-DRILLING REPORT

ute 1 1 2006

TYKO PROPERTY

NORTHWESTERN ONTARIO

Olga Lake Area

Claim Maps G-0604, M-0003 NTS 42C/13NW and 42C/14NE

GEOSCIENCE ASSESSMENT OFFICE

Thunder Bay, Ontario December 4, 2006

Jason Rickard Exploration Geologist

Page 2: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

T ABLE OF CONTENTS

SUMMARY

1.0 INTRODUCTION

2.0 LOCATION AND ACCESS

3.0 CLAIM HOLDINGS AND PROPERTY DISPOSITION

4.0 PREVIOUS WORK

5.0 PROSPECTING

6.0 GEOLOGY

7.0 LINECUTTING

8.0 GEOPHYSICS

9.0 DIAMOND DRILLING

10.0 CONCLUSIONS AND RECOMMENDA TIONS

11.0 REFERENCES

Figure 1 Figure 2 Map la and Ib

Map 2 Map 3 Sections

Table 1 Table 2

ApPENDIX I

ApPENDIX II

ApPENDIX III

ApPENDIX IV

ApPENDIX V

ApPENDIX VI

ApPENDIX VII

ApPENDIX VIII

LIST OF FIGURES, AND MAPS

REGIONAL LOCATION MAP

CLAIMS MAP

SAMPLE LOCATIONS AND TRA VERSES

PROPERTY GEOLOGY

MAIN TYKO SHOWING GEOLOGY

Diamond Drill Hole Sections

LIST OF TABLES

CLAIM HOLDINGS

SELECTED DRILLING HIGHLIGHTS

LIST OF ApPENDICES

NORTH AMERICAN PALLADIUM PERSONNEL

STA TEMENT OF QUALIFICATIONS

PROSPECTING SAMPLES AND ASSA YS

PROSPECTING LOG

ASSA Y CERTIFICATES (PROSPECTING)

INDUCED POLARIZATION SURVEy-WORK REpORT

DIAMOND DRILL HOLE LOGS

ASSAY CERTIFICATES (DIAMOND DRILLING)

Page

1 1 1 4 5 5 6 6 6 7 8

2 3

Back Pocket

Back Pocket

Back Pocket

Back Pocket

4 6

Page 3: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

1.0 INTRODUCTION

During the periods of June 1 to June 20 (2005), August 6 to August 15 (2005), and September 10 (2006), North American Palladium Ltd. personnel conducted a prospecting program on the Tyko property. The purpose of the prospecting program was to evaluate the property for base metal and PGM potential and to do ground follow-up on an airborne magnetic/electro-magnetic survey.

In January 2006, a 29.1 km grid was cut on the west part of the Tyko property. An IP survey was then completed throughout the grid. This was followed by a 711 m diamond drilling program to evaluate the Main Tyko Showing and an IP anomaly coincident with the RJ Showing.

2.0 LOCATION AND ACCESS

The Tyko property is located approximately 25km southeast of the city of Manitouwadge (Fig. 1). It is located within NTS 42C/13NW and 42C/14NE, in UTM zone 16 (Nad 83), and is centred at approximately 606,300mE and 5,421,500mN.

There is no direct road access to the property. In summer the central portion is only accessible by helicopter or by floatplane to Pickle Lake. A camp was set up at the west end of Peanut Lake and an outpost camp on Pickle Lake (operated by White River Air) was also used. In the winter months, the property can be accessed by travelling southeast on the Twist road from Manitouwadge. At 31.0 km, tum east on the Garnham Lake road to a winter trail that heads south at the 5.0 km mark on the Garnham Lake road. One may also continue to the 36 km point on the Twist road and tum left onto a 3.1 km snow machine trail that leads directly to Pickle Lake.

Parts of the eastern portion of the property can be accessed by heading north on the North Regan road off of Hwy 17 (25 km west of White River). Another road is found at the left at approximately the 42km point and heads west toward the property. This road crosses the Shabotik River at the 5.8km point, continue on and tum left at the 15.0 km point. This road continues to the southwest and approaches the eastern most claims at the 26.5 km point.

3.0 CLAIM HOLDINGS AND PROPERTY DISPOSITION

The property consists of 25 claims in good standing, totalling 140 claim units located in Olga Lake Area (0-604), within the Thunder Bay Mining District. A claim sketch outlining the property is given in figure 2.

A summary of the claim holdings is provided below (Table 1). The claims are registered in the name of Lac des lIes Mines Ltd. (710 Norah Cr., Thunder Bay, Ont, P7C 4T8). Lac des lIes Mines Ltd. is a wholly owed subsidiary of North American Palladium Ltd.

Page 4: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

1$ cO

o 30 60

kilometres

Page 5: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

z

i -i

I I I I I I I I I

~ • z

: ~ +--- § : ~

I I I I I I I

Page 6: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

4

Table 1.

Claim Number Recording Date Due Date Property 3012936 2003-0ec-31 2006-0ec-31 Tyko 3012937 2003-0ec-31 2006-0ec-31 Tyko 3012938 2003-0ec-31 2006-0ec-31 Tyko 3012939 2003-0ec-31 2006-0ec-31 Tyko 4203372 2005-Mar -03 2007-Mar-03 Tyko 4203376 2005-Mar-03 2007-Mar-03 Tyko 4203377 2005-Mar-03 2007-Mar-03 Tyko 4203378 2005-Mar-03 2007-Mar-03 Tyko 4203379 2005-Mar-03 2007-Mar-03 Tyko 4203385 2005-Mar-03 2007-Mar-03 Tyko 4203386 2005-Mar-03 2007-Mar-03 Tyko 4203387 2005-Mar-03 2007-Mar-03 Tyko 4203388 2005-Mar-03 2007-Mar-03 Tyko 4203389 2005-Mar-03 2007-Mar-03 Tyko 4203390 2005-Mar-03 2007-Mar-03 Tyko 4203391 2005-Mar-03 2007-Mar-03 Tyko 4203392 2005-Mar -03 2007-Mar-03 Tyko 4203393 2005-Mar-03 2007-Mar-03 Tyko 4203394 2005-Mar-03 2007-Mar-03 Tyko 4203397 2005-Mar-03 2007-Mar-03 Tyko 4211586 2006-May-03 2008-May-03 Tyko 4211587 2006-May-03 2008-May-03 Tyko 4211588 2006-May-03 2008-May-03 Ty_ko 4211590 2006-May-03 2008-May-03 Tyko 4211591 2006-May-03 2008-May-03 Ty_ko

4.0 PREVIOUS WORK

1989- Noranda Exploration Co. Ltd: conducted a large-scale, Aerodat helicopter-borne magnetometer and EM survey that included much of the Manitouwadge, eastern Schreiber-Hemlo, and Dayohessarah greenstone belts.

1999- Prospecting of the Tyko area by Brian Mealey and Ian Spence resulted in the discovery of the Main Tyko Cu-Ni-PGE Showing in October 1999. The discovery samples contained 4528 ppm Cu, 6896 ppm Ni, 1085 ppb Pd, and 840 ppb Pt (Spence, 1999).

1999- Samples taken by an OGS Resident Geologist contained 3.82% Ni, 0.86% Cu, 624 ppb Pd and 444 ppb Pt (Schneiders, 2000).

1999 to 2000- Freewest Resources Canada Inc. optioned the property in late 1999. A helicopter-borne magnetic and electromagnetic survey was completed by AEROQUEST Ltd. A grid was cut and separate IP surveys were completed by GEOSIG Inc. and JVX Inc. Geological mapping, prospecting and hand trenching was completed in the summer of 2000 (Spence, 2000; MacTavish, 2000).

Page 7: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

5

5.0 PROSPECTING

A prospecting program was carried out from June 1 to June 20, and August 6 to August 15, 2005, and September 10, 2006 to investigate magnetic and electro-magnetic anomalies. Samples were taken of mostly mafic and ultramafic rocks. A list of samples (Map la and b) and the associated assays are presented in Appendix III. The prospecting in 2005 resulted in the discovery of Ni-Cu-bearing frost heave boulders towards the northwest of the property, which was later termed the RJ Showing. A daily log of the prospecting completed is presented in Appendix IV. Assay certificates for the prospecting samples are presented in Appendix V.

6.0 GEOLOGY

The Tyko property sits within an area that has seen very little government mapping or historic exploration. It is located within the English River Subprovince, which is part of the larger Superior Province. Regional-scale mapping by Milne (1968) indicated that the rocks in the area were predominantly granitic. The composition of the granitic rocks varies from granodiorite to quartz monzonite to tonalite.

Prospecting and mapping by Spence (2000) indicated that the granites contain numerous mafic to ultramafic xenoliths or fragments, some of which are mineralized. These xenoliths are most visible at the Tyko Main Showing and can be subdivided into groups. The most important are medium to coarse grained, dark green ultramafics and mafics that vary in composition from hornblendite to biotite hornblendite to hornblende gabbro. These are not always mineralized, but are host to the vast majority of Ni-Cu mineralization seen on the property. Sulphide mineralization within these rocks varies from fine-grained disseminated to coarse grained blebby. Macroscopically, the sulphides consist mostly of pyrrhotite and chalcopyrite with lesser pyrite. The second group of xenoliths are referred to simply as amphibolites and are typically fine-grained, black to grey, weakly to moderately foliated, with small bladed amphiboles and a variable felsic mineral content. These rocks are usually barren except for minor amounts of pyrite. The mafic-ultramafic body intersected at the RJ Showing is quite large and may be considered an intrusive body as opposed to a large "raft" in the granites.

Diabase dykes are found throughout the property and are readily identified on airborne magnetic surveys. Some appear in the mapping completed by Milne (1968). Interpretation of the magnetic maps combined with reconnaissance mapping indicates that the dykes are relatively subvertical with strike orientations that vary from north­south, east-north-east and east-west.

Reconnaissance mapping was completed through much of the property at 1 :5000 scale (Map 2). Outcrop exposure is variable, but it was found that most of the granitic rocks on the property contain variable amounts of mafic xenoliths. However, the granites immediately north of the RJ Showing contain very few, if any, mafic or ultramafic xenoliths. Detailed mapping of the Main Tyko Showing was completed at 1 :200 scale to highlight the distribution of the mineralization and document small structural features (Map 3). Of interest at the Main Tyko Showing are the xenoliths of mafic rocks within

Page 8: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

6

the granitic hosts and the numerous later granitic dykes that crosscut all of the older rocks.

7.0 LINE CUTTING

In January of 2006, Nord Ouest Exploration Inc. was contracted by North American Palladium Ltd. to cut a grid on the west section of the Tyko property. Using a chain and compass, a total of 29.1 km of line was cut with a baseline orientation of N49°E to tie-in with the existing grid over the Main Tyko Showing. Most of the grid was cut at 100m-line spacing, but in the area over the RJ Showing the line spacing was reduced to 50m. The grid was cut in order to carry out an Induced Polarization (lP) survey.

8.0 GEOPHYSICS

From January 28 to February 12 of 2006, an Induced Polarization (lP) survey was completed by GEOSIG INC., a consulting firm in geophysics. The survey was done over a total of 26 line kilometres with the purpose of detecting disseminated sulphide mineralization within the area of interest. The results of the survey are presented in a report by Tshimbalanga (2006) in Appendix VI.

9.0 DIAMOND DRILLING

A diamond-drilling program was undertaken between March 6 and March 31, 2006 to further investigate Ni-Cu mineralization at the Main Tyko Showing and at the newly discovered RJ Showing in the northern part of the property. Both of these targets have coincident geophysical (lP conductivity) signatures.

Two holes were drilled on the Main Tyko Showing and three holes were drilled on the RJ Showing. Each drill hole intercepted variable amounts of Ni-Cu mineralization and were successful in further defining geological contacts of the mafic intrusives. Selected highlights of the drill program are shown below in Table 2. A plan of the drilling is shown in Map 4 and cross-sections of each of the 5 holes are found in the back pocket (TK-06-00 1 to TK-06-005). Diamond drill logs for each of the holes are presented in Appendix VII. Assay certificates for drill hole sampling of the respective holes are presented in Appendix VIII.

Table 2.

Hole # From To Length Cu% Ni% Co% pt gft Pd gft Au gft

TK-06-001 17.40 21.55 4.15 0.765 1.093 0.011 0.417 0.423 0.070

TK-06-002 30.15 31.61 1.46 0.579 1.021 0.017 0.402 0.711 0.057

TK-06-003 63.92 68.00 4.08 0.511 1.065 0.024 0.243 0.123 0.003

TK-06-004 82.00 84.00 2.00 0.506 1.195 0.023 0.129 0.128 0.008

TK-06-005 25.00 31.20 6.20 0.466 1.046 0.019 0.203 0.122 0.018

Page 9: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

7

10.0 CONCLUSIONS AND RECOMMENDATIONS

The prospecting and mapping program in 2005 was successful in identifying a previously unknown mineralized zone (RJ Showing) towards the northwest part of the property. The RJ Showing consisted only of frost heave boulders with no outcrop. The subsequent IP geophysical survey completed in 2006 proved to be very useful in delineating a fairly large ultramafic to mafic body within the enclosing granitic rocks.

The three drillholes on the RJ Showing confirmed the presence of a mineralized mafic-ultramafic body, which has proven to be host to the most significant base metal mineralization on the property. The two drill holes on the Main Tyko Showing successfully intercepted sulphide mineralization.

It is recommended that more prospecting be completed to find similar mafic­ultramafic bodies. Also more drilling should be completed on the RJ Showing to delineate the full strike length and depth of the mineralized body.

Page 10: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

8

11.0 REFERENCES

MacTavish, A.D., 2000. Summary Report on the Tyko-Bulldozer Property-Olga Lake and Shabotic River Areas, Ontario, Canada, 22p.

Milne, V.G., 1968. Preliminary Geological Map No. P.494, Manitouwadge Sheet, Districts of Thunder Bay and Algoma; Ontario Department of Mines, Geological Compilation Series, Scale 1 inch to 2 miles.

Schnieders, B.R., Scott, J.F., Smyk, M.C., and O'Brien, M.S., 2000. Report of Activities 1999, Resident Geologist Program, Thunder Bay South Regional Geologist Report: Thunder Bay South District; Ontario Geological Survey, Open File Report 6005, 51 p.

Spence, 1., 1999. Prospecting Report on the Tyko Lake Property, White River Area, Northwestern Ontario, 42C113, 1999 Ontario Prospectors Assistance Program, 5p.

Spence, 1., 2000. Geological-Prospecting-Trenching Report: Tyko Lake Property, Northwestern Ontario, NTS:42-C-13 and 42-C-14, McGill Township, 15p.

Tshimbalanga, S., 2006. Induced Polarization Survey: Tyko Property, Pickle Lake Grid, Manitouwadge Area, Ontario: 42C/13 Work Report; Geosig Inc, 12p.

Page 11: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

ApPENDIX I

North American Palladium Ltd. personnel included in the 2005-2006 Tyko prospecting and diamond drill programs:

1. Jason Rickard, Exploration Geologist (author) 2. Don Heerema, Exploration Geologist 3. Gerry Katchen, Exploration Geologist 4. Paul Nielsen, Exploration Geologist 5. Jeff Myllyaho, Geological Assistant 6. Dave Choney, Core Splitter 7. Rob Lyght, Prospector 8. Jay Heilman, Prospector 9. Mike Payne, Prospector

Page 12: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

ApPENDIX II

STATEMENT OF QUALIFICA TrONS

I, Jason Rickard, hereby certify that:

1. I am a practicing geologist in Thunder Bay, Ontario and reside at 417 Strand A ve., Thunder Bay, Ontario, P7B SA8.

2. I am a graduate of Carleton University with a BSc. and MSc. in Geology.

3. I am a Canadian Citizen.

4. I have practiced my profession full time since graduation in 2000.

5. I do not have, nor do I expect to receive, directly or indirectly, any interest in the properties of Lac des lIes Mines, Ltd.

Signature:

Date:

Page 13: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

Appendix III : Prospecting Samples from the Tyko Property collected in 2005 and 2006.

Sample Zone Easting Northing Pd g/t Pt g/t Au g/t Cu% Ni% Co% Rock Type Rock Description JHR-05-040 16U 605494.4 5420403 0.318 0.352 0.086 0.1548 0.3475 0.0079 Amphibolite Ipossible bear showing; f.gr. to c.gr.; dark green; c.gr. pyr (-2-3%); non-mag JHR-05-041 16U 605482.8 5420389 0.564 0.352 0.086 0.0631 0.1926 0.0064 Amphibolite f.gr. to med.gr.; dark green; minor sui ph; -2m clast in granite JHR-05-042 16U 605458.4 5420372 0.972 0.508 0.07 2.4161 0.1385 0.0251 Hornblendite med.gr.; euhedral hbld; dark green; 5-7% sulQhs; gossanous· possible no. 3 showing JHR-05-043 16U 605438.1 5420346 0.135 0.041 <0.005 0.0719 0.2878 0.0081 Ultramafic -80-90% mica; c.gr. mica; possible biotite/chlorite; no sulphs; clast in granite JHR-05-044 16U 605425.5 5420376 0.574 0.326 0.029 0.2059 0.1773 0.0065 Amphibolite f.gr. to med.gr.; dark greenlbrown; gossanous; oxidized; blebs of sulph JHR-05-045 16U 605397.6 5420342 1.244 0.883 0.124 1.2829 1.7928 0.0212 Amphibolite dark green/brown; fibrous actinolite; very fine; f.gr. sul£.h JHR-05-046 16U 605366.9 5420346 0.738 0.42 0.067 0.1198 0.2723 0.0081 Hornblendite f.gr. to med.gr.; brown and pinkish; pinkish staining; strongly oxidized; coarser than amphibolites JHR-05-047 16U 605377.8 5420317 0.568 0.337 0.014 0.2433 1.3256 0.0160 Hornblendite f.gr. to med.gr.; soft; friable; abundant mica; strongly oxidized; gossanous; -2% visible sulph JHR-05-048 16U 605441.4 5420487 0.032 0.025 <0.005 0.0061 0.0506 0.0069 Hornblendite f.gr. to c.gr.; dark green; no sulphs; non-mag JHR-05-049 16U 605598.8 5420585 0.027 <0.015 <0.005 0.0336 0.0078 0.0076 Biotitite f.gr.; black/grey; biotitic; -2% pyr; intruded by.2-3cm granite veins JHR-05-050 16U 606683.4 5421425 0.025 <0.015 <0.005 0.0045 0.0361 0.0064 Hornblendite f.gr. to med.gr.; dark green; euhedral hbld; "shiny" reflectance of minerals; no obvious sulph JHR-05-051 16U 606805.2 5421445 0.01 <0.015 <0.005 0.0041 0.0226 0.0069 Hornblendite I possible VT; m.gr. exsolutions of plag.; euhedral f.gr. to med.gr. hbld; no sulph JHR-05-052 16U 606774.8 5421426 0.022 <0.015 <0.005 0.0025 0.0070 0.0051 Amphibolite strongly altered; dark to med. green; pervasive alteration likely related to cross-cuttin1l..granitic veins/dykes; no sulph JHR-05-053 16U 606899.5 5421463 <0.010 <0.015 <0.005 0.0026 0.0493 0.0068 Hornblendite boulder; c.gr.; black; euhedral hbld; no sulph; old sample DS-044 JHR-05-054 16U 606813.8 5421323 <0.010 <0.015 <0.005 0.0016 0.0124 0.0050 Hornblende Gabbro med.gr.; black hbld; weakly foliated; no sulph JHR-05-055 16U 606695.9 5421229 0.101 0.029 0.008 0.0020 0.0509 0.0070 Hornblendite m.gr.; dark green; euhedral; "sparkling" appearance; non-mag; no sui phs JHR-05-056 16U 606695.8 5421157 0.015 <0.015 <0.005 0.0009 0.0457 0.0059 Gabbro f.gr. to coarser med.gr.; dark green and beige/grey; locally coarser grained; coarser parts contain up_to 50% feld. JHR-05-057 16U 606273.7 5420840 <0.010 <0.015 <0.005 0.0014 0.0124 0.0049 Amphibolite dark greenlblack; f.gr. to med.gr.; sparkling appearance; no sulphs JHR-05-058 16U 606507.8 5421031 <0.010 <0.015 <0.005 0.0018 0.0050 0.0040 Hornblende Gabbro weakIY..QQl1l.h.; med. gr.; dark.9l"8Y.lblack and greylwhite; hbld is slightly coarser; euhedral; no sulph; non-mag JHR-05-059 16U 606587.1 5420953 <0.010 <0.015 <0.005 0.0023 0.1538 0.0102 Hornblendite boulder; -a.2m; med. gr.; equigranular; dark greylblack; strongly mag; set off beep map; no sulphs JHR-05-060 16U 605816.4 5419852 <0.010 <0.015 <0.005 0.0075 0.0072 0.0056 Hornblendite med. to f.gr.; dark green; 'sparkling' euhedral crystals; non-mag JHR-05-061 16U 605814.7 5419815 0.012 <0.015 <0.005 0.0014 0.0197 0.0043 Hornblendite med. to c.gr.; dark greenlblack; no sulph; dyke or clast in granite; old sample JHR-05-062 16U 605809.1 5419822 <0.010 <0.015 <0.005 0.0020 0.0213 0.0041 Hornblendite f.gr. to med.gr.; dark green; euhedral hbld; non-mll9; no sui ph JHR-05-063 16U 605789.7 5419828 <0.010 <0.015 <0.005 0.0038 0.0196 0.0047 Hornblendite adjacent to CC055; f.gr. to c.gr.; dark green; porphyritic; non-mag; no sulphs JHR-05-064 16U 605597.3 5419963 <0.010 <0.015 <0.005 0.0200 0.0085 0.0053 Hornblende Gabbro large clast(?) within granite; some euhedral hbld up to 0.5cm; groundmass of feld JHR-05-065 16U 605506.3 5419773 <0.010 <0.015 <0.005 0.0004 0.0212 0.0042 Homblendite f.gr. to med.gr.; dark green; 0.7m angular clast in granite; no sulph; non-mag JHR-05-066 16U 605485.6 5419780 0.018 0.017 <0.005 0.0050 0.0076 0.0068 Amphibolite f.gr.; black; euhedral amph. (poss. bio.); no sulph; mag; set off bee"'p mat JHR-05-067 16U 605145 5419650 0.017 <0.015 <0.005 0.0007 0.0291 0.0060 Hornblendite dark green; med.Jll".; euhedral;...9I"een hbld surrounded by intercumulate feld; <10% plag.; no sulph JHR-05-068 16U 605238.5 5419490 <0.010 <0.015 <0.005 0.0090 0.0098 0.0078 Diabase f.gr. to med.gr.; grey; relatively homogeneous; no sui phs; mag JHR-05-069 16U 605278.3 5419575 <0.010 <0.015 0.005 0.0053 0.0031 0.0062 Amphibolite mafic phase of the granite; speckled black/light grey, salt and pepper; f.gr.; eQuigranular; mag; no sulQh JHR-05-070 16U 605332.4 5419629 0.015 <0.015 0.007 0.0114 0.0070 0.0072 Diabase f.gr.; grey; relatively homogeneous; 1-2% pyr (f.gr.); mag JHR-05-071 16U 605462.3 5419580 <0.010 <0.015 <0.005 0.0127 0.0050 0.0074 Mafic Clast hosted by granite; f.gr.; dark green; strollQly mag; med,gr. mt JHR-05-072 16U 605487 5419618 <0.010 <0.015 <0.005 0.0319 0.0044 0.0065 Mafic Clast hosted by granite; f.gr.; dark green; strongly mag; med.gr. mt; likely causing mag anomaly JHR-05-073 16U 606554.9 5420332 0.014 <0.015 0.005 0.0054 0.0052 0.0058 Amphibolite clast within granite; med.gr.; black; euhedral crystals; foliated; oxidized; weakly mag; -0.4m angular JHR-05-074 16U 606754.5 5420341 0.022 0.018 0.006 0.0138 0.0078 0.0058 Diabase -45% feld; 55% mafics; 1 % sui phs; mag JHR-05-075 16U 606814.7 5420339 <0.010 <0.015 <0.005 0.0021 0.0065 0.0053 Amphibolite clast/fragment in granite; f.gr.; black; euhedral; "~rklil1g" arTlJ>h crystals; weakly foliated; non-mag; no sui phs JHR-05-076 16U 606800 5420345 0.015 <0.015 0.008 0.0105 0.0075 0.0052 Diabase med.gr.; equigranular; massive; euhedral crystals; mag; no sulphs JHR-05-077 16U 606573.5 5420145 <0.010 <0.015 <0.005 0.0018 0.0334 0.0058 Hornblendite within granite; clast <1m diameter; c.gr. hbld with f.gr. intercumulate feld; dark greenlblack and white; weaklymag; no sulphs JHR-05-078 16U 606242.9 5419935 0.077 <0.015 0.013 0.0103 0.0079 0.0053 Diabase med.gr.; equigranular; dark grey; tabular plag.; trace pyr; mag JHR-05-079 16U 605902.2 5419699 <0.010 <0.015 <0.005 0.0019 0.0390 0.0061 Hornblendite f.gr. to c.gr.; dark grey; almost porphyritic; c.gr. hbld surrounded by f.gr. hbld; non-mag; no sulphs JHR-05-080 16U 605907.7 5419687 <0.010 <0.015 <0.005 0.0037 0.0059 0.0061 Am"'phibolite tgr.; black; relatively E!Ciuigranular; "s!)8ckled" appearance; mod. foliation; clastlfragment in granite; non-mag JHR-05-081 16U 605811.9 5419691 <0.010 <0.015 <0.005 0.0026 0.0366 0.0058 Homblendite v.c.gr. hbld set within a matrix of serpentine(?); dark green/black and light green; non-mag; 1-2m block in granite JHR-05-082 16U 605603.6 5419739 <0.010 <0.015 <0.005 0.0046 0.0292 0.0058 Hornblendite f.gr. to c.gr.; c.gr. euhedral hbld in groundmass of f.gr. amph; non-mag; no sui phs JHR-05-083 16U 605390.3 5420338 0.017 <0.015 0.006 0.0191 0.0063 0.0017 MelanoGabbro Dyke f.gr. to med.gr.; dark grey to green; non-mag; no sui phs; orange rusty oxidation alon9..fractures; -25cm wide dyke JHR-05-084 16U 605397.1 5420347 <0.010 <0.015 <0.005 0.0048 0.0024 0.0004 Granite dyke that intrudes strong Iv mineralized -,,-art; f . .9I".; equiQ..ranular; 'sugary'texture; -1 Scm wide; non-mag; <5% biotite JHR-05-085 16U 607940.8 5420075 0.019 0.053 <0.005 0.0055 0.0026 0.0005 Hornblendite large body intruded by granite; f.gr. to med.gr.; dark green; altered; no sulph; non-mag; similar to rocks at showing JHR-05-086 16U 607941.3 5420025 0.025 0.078 0.012 0.0064 0.0164 0.0033 Amphibolite f.gr.; black; equigranular; weakly foliated; minor feld «5%); 1% pyr along fol.; 2-3m clast in granite JHR-05-087 16U 608223 5419840 0.022 <0.015 <0.005 0.0126 0.0057 0.0021 Amphibolite small clast in granite; sampled by CC038; f.gr. to med.gr.; dark green; with 10% altered med.gr. feld· no sulph; non-mag JHR-05-088 16U 608239.2 5419828 0.024 <0.015 0.015 0.0026 0.0036 0.0027 Amphibolite f.gr.; black; weaklv foliated; black amph; non-mag; minor sulph; -1 % along foliation; within a granite; clast -2m in diameter

Page 14: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

Sample Zone Eastin~ Northing Pd glt Ptg/t Au glt Cu% Ni% Co% Rock Type Rock Description JHR-05-089 16U 608708.5 5419565 <0.010 <0.015 <0.005 0.0099 0.0007 0.0014 Hornblendite med.gr.; dark green; altered; large (2-3m) fragment in granite; angular; non-mag; no sulph JHR-05-090 16U 604609.5 5421622 0.016 0.05 <0.005 0.0219 0.0229 0.0020 Hornblendite med.gr.; dark green; minor feld «10%); non-mag; no sulph but very rusty; small clast mixed up in diabase JHR-05-091 16U 607757.3 5421207 <0.010 <0.015 <0.005 0.0037 0.0038 0.0031 Amphibolite f,9l".; black; sparklin!l appearance; strongly mag; strongly foliated; no sulph; large (>4m) fragment in granite JHR-05-092 16U 607797.2 5421106 <0.010 <0.015 <0.005 0.0035 0.0031 0.0024 Amphibolite f.gr.; blacklwhite speckled; strgly fol; no sulph; 1% diss pyr along fol; rusty; in olc at contact with granite; possible clast JHR-05-093 16U 607977.8 5420720 <0.010 <0.015 <0.005 0.0116 0.0005 0.0021 Hornblendite med.gr.; dark green; euhedral amphs; stongly mag; no sulph; small outcrop; x-cut by small amount of granite JHR-05-094 16U 605426.7 5420360 <0.010 <0.015 <0.005 0.0643 0.0114 0.0034 Hornblendite f.gr. to med.gr.; dark green; fibrous grains; possible actinolite; 5-10% biotite; no visible sulph; non-mag JHR-05-095 16U 605376 5420318 1.332 0.522 0.028 1.0843 1.6397 0.0281 Hornblendite strongly altered; rusty/oxidized; 10-12% sulph; mostly cp, pyr and pyr; diss to blebby; non-mag;biotitic JMM-05-001 16U 605834.2 5419817 <0.010 <0.015 <0.005 0.0072 0.0447 0.0045 Hornblendite f.gr. with coarser hbld; dark green; weakly mag; -1 % pyr JMM-05-002 16U 606776.8 5420444 0.012 <0.015 0.006 0.0024 0.0052 0.0047 Hornblendite angular clast within granite; non-mag; black/dark green; f.gr. to med. gr. JMM-05-003 16U 605929.5 5419517 <0.010 0.021 <0.005 0.0083 0.0046 0.0019 Amphibolite f.gr.; mixed with granite; <1% pyr; back/dark green; large >1.5m clast{1l; non-mag JMM-05-004 16U 605223.5 5418205 0.02 0.026 <0.005 0.0104 0.0025 0.0021 Diabase f,9l". to med,gr.; strongly mag; trace pyr JMM-05-005 16U 605212.1 5418275 <0.010 <0.015 <0.005 0.0093 0.0028 0.0021 Diabase f.gr. to med.gr.; dark green/black; strongly mag; 1% pyr JMM-05-006 16U 605130.1 5419360 0.011 <0.015 <0.005 0.0026 0.0039 0.0021 Amphibolite mafic clast in granite; dark (black); layered with thin (mm) size felsic layers; possible medasediment; wkly mag; no sui phs JMM-05-007 16U 604660.6 5421765 <0.010 <0.015 <0.005 0.0071 0.0060 0.0030 Diabase f.gr. to med.gr.; slightly mag; 1% f.gr. sulphs; light to dark green with a grey weathered surface JMM-05-008 16U 604490 5421220 <0.010 <0.015 <0.005 0.0006 0.0053 0.0012 Mafic Clast mafic phase of the !lranite; 50:50 mafic:felsic; salt and pepper; non-mag; no sulph; equigranular JMM-05-009 16U 605395.7 5420348 0.456 0.424 0.015 0.6620 1.0649 0.0162 Hornblendite dark green; 4-5% sulphs; pyr/po/cp; mag JMM-05-010 16U 605554 5420485 0.04 0.038 <0.005 0.0095 0.0153 0.0021 Hornblendite f.gr. to med.gr.; dk gm; mostly act +1- chI.; -5% m.gr., alt feld giving a porphyritic appear; no sulph; intruded by gran dykes JMM-05-011 16U 605488.8 5420484 0.016 0.017 <0.005 0.0022 0.0011 0.0015 Homblendite med.gr.; dark green; equigranular; fibrous dark green actinolite +1- chI.; no sui ph; non-mag; intruded by granitic dykes JMM-05-012 16U 606784.5 5420397 0.013 <0.015 <0.005 0.0010 0.0025 0.0016 Gabbro fJjr. clast within granite; slightly mag; no sulphs; dark greenlgreen JMM-05-013 16U 607909.7 5420011 0.136 <0.015 <0.005 0.0156 0.0033 0.0043 Hornblendite slightly feldspathic; slightly mag; med.gr.; black/dark green; <1% sulph; mostly along fractures; old FWR sample JMM-05-014 16U 608276.9 5420000 0.023 <0.015 <0.005 0.0071 0.0034 0.0011 Hornblendite f.gr.; dark to light green; -2m clast in granite ridge; mag; minor sui phs; near old FWR samj:>le JMM-05-015 16U 608543.7 5420087 <0.010 <0.015 0.191 0.0010 0.0078 0.0017 Hornblendite clast (>1.5m) in granite; c.gr. hbld; 1-2% sulph; mostly pyr; slightly mag; dark greenlblack; old FWR sample JMM-05-016 16U 607793.5 5419630 0.011 <0.015 <0.005 0.0031 0.0061 0.0021 Gabbro med~.; equigranular; slightlymClg; no su~hs; rusted on surface and along fractures JMM-05-017 16U 604743.1 5421542 <0.010 <0.015 <0.005 0.0043 0.0107 0.0016 Biotitite o/c?; possible boulder; f.gr. to med.gr.; black; 1% sulph; pyr; non-mag; very friable JMM-05-018 16U 605375.3 5420313 <0.010 <0.015 <0.005 0.0012 0.0082 0.0002 Tonalite minor k-spar; f.gr. To med.gr.; <10% mafics; some rust on surface; no visible sui phs; near contact with hornblendite clast JMM-05-019 16U 605452.5 5420376 <0.010 <0.015 <0.005 0.0036 0.0070 0.0004 Tonalite 15-20% mafics; whitelblack; rusted on surface; f.gr. to med.gr.; no visible k-spar; JMM-05-020 16U 605518.4 5420439 <0.010 <0.015 <0.005 0.0006 0.0010 0.0002 Syenite I pervasive k-spar; med.gr.; pink on fresh surface; minor (-5-10o/olepidote alon!lfractures RHL-05-001 16U 605673.5 5420659 <0.010 <0.015 <0.005 0.0083 0.0068 0.0070 Gabbro Med.Jlrained, Non-Magnetic, 1-2% py RHL-05-002 16U 605611.5 5420611 <0.010 <0.015 <0.005 0.0041 0.0045 0.0058 Gabbro Med. grained, mildly mag, on contact with granite, rusty, 1-2% py RHL-05-003 16U 605586.9 5420585 <0.010 <0.015 <0.005 0.0055 0.0065 0.0073 Gabbro Med. grained, mag, rusty, green felds, mt, 1% py RHL-05-004 16U 605565.6 5420499 0.035 0.018 <0.005 0.0155 0.0447 0.0073 Amphibolite Med. grained, mag, granite dikes?, diss py ,tr py RHL-05-005 16U 605170 5420191 <0.010 <0.015 <0.005 0.0151 0.0054 0.0057 Granite on contact with Gabbro, non-mag, 3% p~ RHL-05-006 16U 605176.5 5420203 <0.010 <0.015 <0.005 0.0100 0.0108 0.0099 Gabbro Med grained, mag ,tr py RHL-05-007 16U 605057.1 5420099 <0.010 <0.015 <0.005 0.0069 0.0041 0.0090 Amphibolite? cooked up, mica, FLOAT on olc

RHL-05-008 16U 605449.3 5420266 <0.010 <0.015 <0.005 0.0046 0.0141 0.0082 Gabbro on contact with granite, mica, non-mag, FLOAT angular ,tr py RHL-05-009 16U 605512.5 5420303 <0.010 <0.015 <0.005 0.0092 0.0080 0.0098 Gabbro on contact with granite, mica, mag, 1 % ~ RHL-05-010 16U 605126.8 5420584 <0.010 <0.015 <0.005 0.0085 0.0117 0.0108 Gabbro med grained, qlz eyes, mt, tr py RHL-05-011 16U 604966.4 5420297 <0.010 <0.015 <0.005 0.0003 0.0216 0.0067 Amphibolite mt, mica, tr py RHL-05-012 16U 605603 5420378 <0.010 <0.015 <0.005 0.0180 0.0044 0.0048 Amphibolite? on contact with granite, mt, old samp. OS 005/006, tr py, tr cpy RHL-05-013 16U 605651.4 5420400 <0.010 0.018 <0.005 0.0001 0.0524 0.0063 A~hibolite? on contact with granite, mica, mildly mag, tr py RHL-05-014 16U 605694.6 5420370 <0.010 <0.015 <0.005 0.0008 0.0893 0.0069 Amphibolite on contact with granite, mica, old samp. IS 002, tr py RHL-05-015 16U 605708.3 5420383 0.013 <0.015 <0.005 0.0003 0.1049 0.0079 Amphibolite same as above, old samp. IS 001, tr py RHL-05-016 16U 605521.3 5421094 0.011 <0.015 <0.005 0.0081 0.0059 0.0049 black Granite pink granite stringers with Po, large boulders (angular), mt, 0.5-1% Po RHL-05-017 16U 605514.9 5421078 0.014 <0.015 <0.005 0.0115 0.0094 0.0107 black Granite rusty, pink granite stringers, mag, cubed po 2%, tr py RHL-05-018 16U 605087.6 5421060 <0.010 <0.015 <0.005 0.0086 0.0101 0.0088 Gabbro blgboulder, silicified, med grained, mag, mt RHL-05-019 16U 604739.3 5421243 <0.010 <0.015 <0.005 0.0007 0.0623 0.0067 Amphibolite greenish black colour, mt, mag, in contact with granite RHL-05-020 16U 605045.8 5420813 <0.010 <0.015 <0.005 0.0091 0.0109 0.0090 Gabbro silicified, med grained, mica, mag, tr py RHL-05-021 16U 605219.5 5420894 <0.010 <0.015 <0.005 0.0010 0.0048 0.0041 Granite boulder angular, silicified, black granite shot through it, mt highly mag, mica, l%JlY RHL-05-022 16U 605200.9 5421084 <0.010 <0.015 <0.005 0.0020 0.0233 0.0059 Granite Iqlz flooded, mica, tourmaline?, round boulder RHL-05-023 16U 605202.4 5421107 0.019 0.03 <0.005 0.0022 0.0206 0.0043 Amphibolite AIz flooded, blackishJlreen colour, mica, mag, 1% py RHL-05-024 16U 605233.1 5421263 <0.010 <0.015 <0.005 0.0041 0.0259 0.0063 Amphibolite Iqlz flooded, blackish green colour, mica, mag, 1% py

Page 15: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

Sample Zone Easting Northing Pdgft Pt gft Au glt Cu% Ni% Co% Rock Type Rock Description RHL-05-025 16U 605268.3 5421700 <0.010 <0.015 <0.005 0.0021 0.0030 0.0043 mafic dyke on contact with granite, rusty, 1 % py RHL-05-026 16U 605405.4 5421711 <0.010 <0.015 <0.005 0.0084 0.0081 0.0080 Gabbro or Diabase med grained, mt, mag, 1 % py RHL-05-027 16U 605437.3 5421687 <0.010 <0.015 <0.005 0.0124 0.0064 00057 black Granite qtz flooded, mica, non-mag, 0.5-1 % py RHL-05-028 16U 605453.1 5421662 <0.010 <0.015 <0.005 0.0012 0.0508 0.0052 Amphibolite qtz flooded, not mag, tr py RHL-05-029 16U 605473.7 5421511 0.012 <0.015 <0.005 0.0064 0.0037 0.0024 qtz vein 10cm wide iron carb, tr Cpy, cubed py, 1 % py RHL-C5-030 16U 604820.4 5421614 <0.010 <0.015 <0.005 0.0223 0.0820 0.0072 Gabbro cgr, qtz flooded, old samp., tr py, tr cpy, 5% po RHL-05-031 16U 604842.8 5421619 <0.010 <0.015 <0.005 0.0251 0.0776 0.0083 Gabbro same as above, 2% py cubed RHL-05-032 16U 605374.6 5421229 <0.010 <0.015 <0.005 0.0050 0.0031 0.0058 Gabbro qtz flooded, on contact with granite, 1 % py, tr po RHL-05-033 16U 605362.5 5421184 <0.010 <0.015 <0.005 0.0081 0.0138 0.0077 Gabbro small amJlhibolite Qiug, an contact with granite, mica, non-mag, old samp ds-038, tr py RHL-05-034 16U 604903.7 5421310 <0.010 <0.015 <0.005 0.0037 0.0064 0.0034 Amphibolite on contact with Gabbro, mica, non-mag, tr py RHL-05-035 16U 604917.3 5421317 <0.010 <0.015 <0.005 0.0052 0.0264 0.0036 Gabbro on contact with amphibolite, granite stringers through it, mica, tr py RHL-05-036 16U 604965.9 5421427 <0.010 <0.015 <0.005 0.0142 0.0365 0.0074 Gabbro cgr, felds, mica granite contact, old samp ds-046 RHL-05-037 16U 604826.2 5421638 <0.010 <0.015 <0.005 0.0153 0.0592 0.0083 Gabbro Lcgr,~tz flooded, old samJl., molly_ RHL-05-038 16U 604847.8 5421627 <0.010 <0.015 <0.005 0.0203 0.0523 0.0075 Gabbro icgr, qtz flooded, old samp. RHL-05-039 16U 604848.3 5421629 <0.010 <0.015 <0.005 0.0269 0.0577 0.0076 Gabbro Icgr, qtz flooded, old samp., rusty, mica RHL-05-040 16U 604840.6 5421629 <0.010 <0.015 <0.005 0.0500 0.0792 0.0097 Gabbro Icgr, qtz flooded, old samp., rusty, mica RHL-05-041 16U 604849.4 5421654 <0.010 <0.015 <0.005 0.0071 0.0452 0.0060 Gabbro [granite contact, medgrained, non-mag, old samp cc-041 RHL-05-042 16U 604849.9 5421659 0.042 <0.015 <0.005 0.0187 0.0840 0.0059 Gabbro I granite contact, med grained, non-mag, old samp cc-021 ,1 py RHL-05-043 16U 604801.6 5421730 <0.010 <0.015 <0.005 0.0081 0.0085 0.0045 Gabbro fgr, granite contact, mica old samp., mica, old samp ds-017, tr py RHL-05-044 16U 604517 5421671 0.041 <0.015 <0.005 0.1562 0.2417 0.0081 Gabbro Icgr, silicified, diss py, 10-15% py, 1-2% po, tr cpy RHL-05-045 16U 604520.8 5421674 <0.010 <0.015 <0.005 0.0829 0.0793 0.0092 Gabbro ~r, silicified, diss py, rusty, 10% py, 1% po RHL-05-046 16U 604568.3 5421593 0.023 0.046 <0.005 0.1873 0.3009 0.0117 Amphibolite rusty, bronze mica, lmplug, non mag,15%py, 1% CQY RHL-05-047 16U 604569.5 5421581 0.017 0.03 <0.005 0.1268 0.2089 0.0108 Amphibolite mafic flooded, mica, non mag, 15% py, 1% cpy RHL-05-048 16U 604569.8 5421586 0.018 0.027 <0.005 0.1434 0.2110 0.0103 Amphibolite in contact with mafic, mildly mag, mica, 15% py, 1 % cpy RHL-05-049 16U 604528.9 5421585 0.133 0.105 <0.005 0.0313 0.2049 0.0110 Am~hibolite Gabbro contact, bronze mica, diss py, 3% py RHL-05-050 16U 604531.3 5421588 0.051 0.061 <0.005 0.1967 0.5626 0.0173 Gabbro 19ranite contact,.cgr silicified, 5-10%py' tr CQY

RHL-05-051 16U 604581.1 5421612 0.015 <0.015 <0.005 0.0759 0.0874 0.0083 Amphibolite black, cgr, rusty, mica, diss py, 2-3% py RHL-05-052 16U 604584.9 5421611 0.069 0.062 <0.005 0.0335 0.0862 0.0075 Gabbro med grained, mica, in contact with amphibolite, 2% py RHL-05-053 16U 604588.8 5421629 0.094 0.072 <0.005 0.0842 0.1150 0.0076 Gabbro med grained, mica, granite flooded, diss py, 3% py RHL-05-054 16U 604588.1 5421624 <0.010 <0.015 <0.005 0.0140 0.0753 0.0067 Amflhibolite blackish green, cgr, mica, 1-2% py RHL-05-055 16U 604595.4 5421616 0.039 <0.015 <0.005 0.0455 0.1163 0.0088 Gabbro cgr, green, highly silicified, 2-3% py RHL-05-056 16U 604595.4 5421637 0.012 <0.015 <0.005 0.1173 0.1928 0.0100 Gabbro cgr, green, highly silicified, rusty, 10-15% py RHL-05-057 16U 607013.4 5421319 <0.010 0.026 <0.005 0.0078 0.0153 0.0060 Hornblendite black, granite contact, non mag, 4% py RHL-05-058 16U 607088.1 5421710 <0.010 <0.015 <0.005 0.0975 0.0096 0.0129 Gabbro sheared, fgr, py stringers, old samp cc-102, 10% py RHL-05-059 16U 607071.3 5421701 <0.010 <0.015 <0.005 0.0049 0.0054 0.0054 Gabbro sheared, small qtz veins, diss py, tr p~ RHL-05-060 16U 607325.5 5421579 <0.010 <0.015 <0.005 0.0011 0.0071 0.0053 Gabbro fgr, green, granite flooded, 1-2% py RHL-05-061 16U 607531.3 5421284 <0.010 <0.015 <0.005 0.0113 0.0093 0.0067 Diabase med grained, felds, mag, old samp cc-19, tr py RHL-05-062 16U 607484.9 5421262 <0.010 <0.015 <0.005 0.0044 0.0047 0.0051 Gabbro sheared, small qtz veins, diss py ,tr py RHL-05-063 16U 607478.2 5421231 <0.010 <0.015 <0.005 0.0110 0.0023 0.0035 Hornblendite angular boulder, rusty, mt, 3% po RHL-05-064 16U 607482 5421226 <0.010 <0.015 <0.005 0.0101 0.0105 0.0062 Diabase mag, felds, old samp ds-015 ,tr py RHL-05-065 16U 604767.7 5421624 <0.010 <0.015 <0.005 0.0312 0.0732 0.0096 Gabbro cgr, black, mica (bronze), mag, 1-2% pyJpo RHL-05-066 16U 604758.5 5421600 <0.010 <0.015 <0.005 0.0068 0.0439 0.0075 Gabbro Icgr, black, mica (bronze), not mag, RHL-05-067 16U 604627 5421632 <0.010 <0.015 <0.005 0.0181 0.0553 0.0076 Gabbro cgr, black, mica_(bronze}, not ma~, 3% JlY RHL-05-068 16U 604628.9 5421642 <0.010 <0.015 <0.005 0.0064 0.0589 0.0063 Amphibolite Igreen, soft, mica, granite contact, not mag, 1% py RHL-05-069 16U 604525.2 5421677 0.217 0.192 <0.005 0.5098 0.0928 0.0328 Amphibolite very rusty, diss py, mica, 30-40% py, 2% po RHL-05-070 16U 604521.9 5421676 0.158 <0.015 <0.005 0.5191 2.5105 0.0622 Gabbro Icgr, greenish black, heavily silicified, 40% py, 5% py, tr cpy RHL-05-071 16U 605563 5421791 <0.010 <0.015 <0.005 0.0724 0.0334 0.0102 Am~hibolite L9ranite stringers, black, mica, mag, 10% poJpy RHL-05-072 16U 605529.9 5421797 <0.010 <0.015 <0.005 0.0011 0.0242 0.0061 Amphibolite I granite contact, angular boulder,green, non-maL9 RHL-05-073 16U 605835.7 5421808 <0.010 <0.015 <0.005 0.0092 0.0260 0.0077 Gabbro Icgr, bluish black, silicified, non-mag, 1% py RHL-05-074 16U 605937.4 5421790 <0.010 <0.015 <0.005 0.0282 0.1494 0.0089 Gabbro Icgr, angular boulder, greenish black, mag, 5-10% poJpy, tr cpy RHL-05-075 16U 606885.6 5421278 <0.010 <0.015 <0.005 0.0036 0.0203 0.0052 Gabbro I granite contact, black, non-mag, ,tr py

Page 16: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

Sample Zone Easting Northing Pd glt Pt glt Au glt Cu% Ni% Co% Rock Type Rock Description RHL-05-076 16U 606594 5421369 0.015 <0.015 <0.005 0.0010 0.0303 0.0046 Amphibolite black, granite stringers, mica, ,tr py RHL-05-077 16U 604842.2 5419870 <0.010 <0.015 <0.005 <0.0001 0.0429 0.0050 Amphibolite green, mica, granite flooded, non-mag, RHL-05-078 16U 605031.6 5420123 <0.010 <0.015 <0.005 0.0036 0.0031 0.0033 mafic highly silicified, granite contact, 1% py RHL-05-079 16U 605532.6 5420441 1.028 0.615 <0.005 0.2127 0.6743 0.0084 Amphibolite [cgr, granite contact, copper stainirlg, mica, old samlJ.near showirlg, 2-30/o..j)o, tr cJlY. RHL-05-080 16U 605434.3 5420595 <0.010 <0.015 <0.005 0.0080 0.0082 0.0050 Diabase rusty, cgr, mag RHL-05-081 16U 605249.6 5420597 <0.010 <0.015 <0.005 0.0002 0.0010 0.0010 Granite Ipink, non-mag,tr py RHL-05-082 16U 606892.3 5421750 <0.010 <0.015 <0.005 0.0050 0.0047 0.0033 Gabbro !granite contact, rusty, copper staining?, non-mag, 5% py RHL-05-083 16U 606839.3 5421777 0.011 0.018 0.008 0.0127 0.0071 0.0078 Diabase silicified, mt, mag, 5% py_ RHL-05-084 16U 606090.5 5422031 <0.010 <0.015 <0.005 0.0067 0.0073 0.0067 Hornblendite icgr, qtz stringers, non-mag, next to 30cm wide qtz vein ,tr py RHL-05-085 16U 606089.6 5422009 <0.010 <0.015 <0.005 0.0066 0.0050 0.0078 Hornblendite icgr, mica, non-mag, granite contact JHR-05-101 16U 604426.8 5421621 <0.010 <0.015 0.005 0.0049 0.0084 0.0063 Feldspathic Hornblendite fgr, dark .Jlreen to..llrey, weakly banded, barren, sharp contact with granite, mag JHR-05-102 16U 604530.3 5421653 <0.010 <0.015 0.005 0.0807 0.1330 0.0088 Mafic Granite Boulder, fine to mgr, black to grey, >60% biotite, small xenolith of hornblendite, 3% sulQ.h JHR-05-103 16U 604529 5421652 0.041 <0.015 <0.005 0.2271 0.2433 0.0091 Feldspathic Hornblendite Sub-outcrop, mgr, black to grey, 4% CD and pyr, some mt, intruded by granite JHR-05-104 16U 604529 5421652 0.047 <0.015 0.006 0.2903 0.3819 0.0151 Feldspathic Hornblendite Sub-outcrop, deadfall occurrence, dark green to grey, 10% feld, 7-8% sulph, 1.5cm blebs, mag JHR-05-105 16U 604528.5 5421664 0.044 <0.015 0.D11 0.1529 0.0773 0.0097 Hornblendite Sub-outcrQP" fine to mgr, dark green/black, 2-3% diss pyr and po, locally mag. JHR-05-106 16U 604525 5421662 0.032 0.067 0.017 1.0483 0.3576 0.0297 Hornblendite Sub-outcrop, fine to to mgr, <5% feld, up to 15% diss and blebb)'pyr, cp,.JlO, strorlgly mag_ JHR-05-107 16U 604522 5421664 0.D15 0.D15 <0.005 0.1246 0.1985 0.0075 Hornblendite Sub-outcrop, fgr, dark green, massive, 3% diss cp and pyr JHR-05-108 16U 604523.8 5421665 0.14 0.108 0.03 1.7693 0.3383 0.0243 Hornblendite Sub-outcrop, fgr, dark green, homogenous, 20-25% diss pyr, cp and po, strongly mag JHR-05-109 16U 604521.6 5421664 0.027 0.044 0.02 0.3266 0.4415 0.0111 Feld~thic Hornblendite Sub-outcrop, fgr, black to grey, crystalline, 15% diss pyr, CD and po, some blebby sulph, non-mag, JHR-05-110 16U 604529.7 5421658 0.028 <0.015 0.007 0.2168 0.1256 0.0085 Feldspathic Hornblendite Sub-outcrop, gossanous, dk greenlblack, 5% sulph, mostly ~r, 10ca"Y. m~ JHR-05-111 16U 604529.7 5421658 0.068 0.034 0.023 0.3902 0.2769 0.0121 Hornblende Gabbro Sub-outcrop, mgr, dk green to grey, 20-25% plag,10% mgr to cgr blebby sui ph, pyr>cp>po JHR-05-112 16U 604529.7 5421658 0.042 <0.015 0.01 0.2826 0.3943 0.0137 Feldspathic Hornblendite Sub-outcrop, fine to mgr, dk green to grey, 20% sulph, pyr>cp, moderately mag JHR-05-113 16U 604529.7 5421658 0.059 0.016 0.016 0.3322 0.0837 0.0105 Feldspathic Hornblendite Sub-outcrop, fine to mgr, gossanous, friable, 2cm bleb of pyr, 10% sulph overall JHR-05-114 16U 604529.7 5421658 0.054 <0.015 0.012 0.3064 0.3099 0.0097 Hornblendite Sub-outcrop" finer mgr, dk...llreen to black,l/.ossanous, 7-8% diss sulph, pyr, CP and po JHR-05-115 16U 604528.2 5421658 0.095 <0.015 0.005 0.4105 0.6441 0.0169 Amphibolite Sub-outcrop, fgr, black, oxidized, 5% feld, 25% blebby and diss sulph, PYI, po-,- cp_ JHR-05-116 16U 604173.8 5419263 <0.010 <0.015 <0.005 0.0153 0.0215 0.0037 Feldspathic Hornblendite fine to mgr, dk greenlblack, 15% feld, metamorphic?, non-mag, no sulph JHR-05-117 16U 604575.5 5421924 <0.010 <0.015 <0.005 0.0051 0.0089 0.0041 Amphibolite fgr, black and white, moderately foliated, trace pyr, xenolith or dyke in granite JHR-05-118 16U 604637.2 5422046 <0.010 <0.015 <0.005 0.0084 0.0079 0.0029 Diabase mgr, eQuigranular, dk grey/brown, up to 2% sui ph, mag JHR-05-119 16U 606009.8 5421879 <0.010 <0.015 <0.005 0.0063 0.0205 0.0050 Hornblende Gabbro mgr, equigranular, dk grey/black, xenolith ingranite 130% of o/c), barren, non-maIL JHR-05-120 16U 605898.4 5421824 <0.010 <0.015 <0.005 0.0030 0.0149 0.0032 Feldspathic Hornblendite Sub-outcrop, xenolith in granite, mgr to cgr, black and white, no sui ph, non-mag, 10-15% feld JHR-05-121 16U 604525.7 5421666 0.048 0.066 <0.005 0.5198 0.3830 0.0164 Amphibolite Boulder, fgr, black and orange, oxidized, 10-15% sulph overall, 25-30% sulphide locally. JHR-05-122 16U 604521.8 5421667 0.07 0.104 <0.005 0.3680 0.5468 0.0175 Feld~thic Hornblendite fgr to mgr, dk green to grey, 25-30% diss and blebs of sui ph, pyr>po>cp, magnetiC sulph JHR-05-123 16U 604528.3 5421660 0.046 0.026 <0.005 0.0446 0.1531 0.0062 Hornblendite fgr black and dkgreen, oxidized, 2-3% feld, 2-3% sulph as blebs «0.5cm), mostly pyr JHR-05-124 16U 604534.1 5421656 0.022 <0.015 <0.005 0.2133 0.2069 0.0088 Amphibolite fgr, black to dk green, shiny amph crystals, 10% diss sulph, mostly po and pyr JHR-05-125 16U 604521.5 5421664 0.027 0.036 <0.005 0.1322 0.2455 0.0112 Amphibolite fgr to mgr, dk green, strongly oxidized, acicular amph, 5-7% diss sulph, non-mag JHR-05-126 16U 605219.6 5423058 0.016 <0.015 0.006 0.0060 0.0087 0.0077 Diabase mgr, eQuigranular, dk grey, 35% plag, 65% mafics, <1% pyr, magnetic JHR-05-127 16U 604949.9 5422884 0.015 <0.015 0.008 0.0079 0.0101 0.0070 Diabase mgr, equigranular, dk Jlre1', euhedral crystals, 35-40% "p1~, no sulph, mag GK-06-038 16 602608 5422109 <0.010 0.017 <0.005 0.0005 0.0018 0.0014 Granite Outcrop GK-06-039 16 602683 5421799 <0.010 0.016 <0.005 0.0018 0.0378 0.0063 Granite w mafic clasts outcrop, clasts are HBL rich GK-06-040 16 602870 5421863 <0.010 <0.015 <0.005 0.0009 0.0030 0.0026 Granite Boulder. Med-pegmatitic, well foliated, 5-10% biotite GK-06-041 16 603013 5421831 <0.010 <0.015 <0.005 0.0005 0.0024 0.0013 Granite Outcrop-,- Dark greyishllreen, fineJlfained, moderate foliated GK-06-042 16 603158 5421762 <0.010 <0.015 <0.005 0.0008 0.0017 0.0015 Granite Outcrop, medium to pegmatitic M-17 16 602367 5422036 0.015 <0.015 0.011 0.0196 0.0047 0.0016 Mafic volcanic boulder, Dark greyish green, fine grained, moderate foliated M-18 16 602407 5421953 0.014 <0.015 <0.005 0.0015 0.0015 0.0011 Granite outcrop M-19 16 602771 5421913 0.012 <0.015 <0.005 0.0009 0.0005 0.0002 Granite boulder M-20 16 602785 5421897 0.014 <0.015 <0.005 0.0017 0.0011 0.0004 Granite outcrop M-21 16 602779 5421909 0.012 <0.015 <0.005 0.0004 0.0024 0.0008 Granite outcrop M-22 16 602784 5421883 0.011 <0.015 <0.005 0.0023 0.0029 0.0014 Hornblende Granite outcrop M-23 16 602874 5421623 0.013 <0.015 <0.005 0.0007 0.0179 0.0016 Ultramafic/mafic coarse grain M-24 16 602960 5421717 0.011 <0.015 <0.005 0.0170 0.0711 0.0068 Mafic volcanic Ma,9netic, Frost heave, boulders, Dark greyish .9feen, medium grained, moderate foliated

Page 17: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

ApPENDIX IV

PROSPECTING LOG

2005

June 1- Prospectors and geologist travelled to the Marathon area from Thunder Bay.

June 2- Investigated road access to the property and searched for a staging area.

June 3-Flew personnel and equipment into the property and set-up camp.

June 4- Investigated the Main Tyko showing and prospected magnetic anomalies just north of the showing. Hornblendites and amphibolites were sampled.

June 5- Prospected the east and west ends of the Freewest grid. Hornblendite, amphibolite, hornblende gabbro sampled.

June 6- Investigated IP anomalies on the eastern part of the grid and prospected the west part of the grid. Granite observed; hornblendite and hornblende gabbro sampled.

June 7- Investigated IP anomalies on the southern part of the grid. Prospected around a large magnetic anomaly towards the north ofthe property. Hornblendite and hornblende gabbro sampled.

June 8- Investigated IP and mag anomalies on the southern part of the grid. Granite, diabase and amphibolites were examined. Continued to prospect around a large magnetic anomaly towards the north of the property.

June 9- Completed a long traverse south of Peanut Lake, prospected and mapped along a diabase dike. Amphibolite, granite, hornblendite and diabase observed. Prospected a high mag area toward the northwest of the property.

June 10- Prospected and mapped southeast of Peanut Lake. Continued to prospect the area at the northwest part of the property (RJ Showing area).

June 11- Prospected IP anomalies on the Freewest grid. Continued to prospect the area at the northwest part of the property (RJ Showing area).

June 12- Prospected and mapped the Main Tyko Showing in detail. Prospected an area east of Peanut Lake.

June 13- Investigated EM anomalies far south of Tyko Lake. Continued prospecting the RJ Showing area.

Page 18: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

June 14- Worked on maps, continued mapping the Main Tyko showing.

June 15- Mapped and prospected RJ Showing area. Prospected gabbros and hornblendites. Prospected north of Peanut Lake.

June 16- Mapped at the showing Main Tyko Showing. Melanogabbro and granite sampled. Prospected toward the east end of Tyko Lake.

June 17- Long traverse to McGill Lake area, prospected and mapped granites, hornblendites and amphibolites. Further prospecting on the Freewest grid.

June 18- Mapped and prospected RJ Showing area. Hornblendite sampled. Long traverse to investigate EM anomalies north of Peanut Lake.

June 19- Mapped and prospected east of Peanut Lake. Diabase, hornblendite, and amphibolite observed. Continued prospecting north of Peanut Lake.

June 20- Camp was packed up, personnel and equipment were flown out to the staging area.

August 6- Drove to White River area from Thunder Bay.

August 7- Flew into Pickle Lake, set-up in the cabin. Checked out trails and access from the lake. Granite observed.

August 8- Exposed more of the RJ Showing and sampled hornblendites, feldspathic hornblendite and mafic granite.

August 9- Exposed an area adjacent to the RJ Showing and sampled more hornblendites, feldspathic hornblendites, hornblende gabbros and an amphibolite.

August 10- Prospected and investigated mag anomalies on the southwest side of Tyko Lake. Granite and feldspathic hornblendite observed.

August 11- Prospected and mapped an area north of the RJ Showing. Hornblendite, feldspathic hornblendite, hornblende gabbro, diabase and amphibolite observed.

August 12- Rain day. Worked on maps.

August 13- Long traverse on north end of property. Mapped and prospected granites, diabase and some mafic rocks.

August 14- Investigated mag anomalies south of Pickle Lake. Mostly granite observed.

August 15- Packed-up and flew out of Pickle Lake.

Page 19: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

2006

September 10- Investigated and prospected magnetic anomalies. Magnetic mafic/ultramafic clasts within predominantly granite rocks were identified.

Page 20: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

Appendix V

Page 21: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

A DIVISION OF ASBA Y LABORATORY SERVICES INC. MINERAL ASSA Y DIVISION

1070 LITHIUM DRIVE, UNIT 2 THUNDER BAY, ONTARIO P7B 6G3 PHONE (807) 626-1630 FAX (807) 6236820 EMAIL [email protected] WEB www.accurassay.com

Certificate of Analysis Wednesday, June 22, 2005

North American Palladium Ltd.2, Metals Exploration Divis 710 Norah Cr. Thunder Bay, ON, CAN P7C4T8 Ph#: (807) 623-8005 FaX#: (807) 623-8074 Email [email protected]

Accurassay #

67461

67462

67463

67464

67465

67466

67467

67468

67469

67470

Client Id

JHR-05-040

lHR-05-041

lHR-05-042

lHR-05-043

lHR-05-044

lHR-05-045

JHR-05-046

lHR-05-047

JHR-05-048

lHR-05-049

67471 Check JHR-05-049

67472

67473

67474

67475

67476

67477

67478

67479

67480

67481

JHR-05-050

JHR-05-051

JHR-05-052

JHR-05-053

JHR-05-054

JHR-05-055

lHR-05-056

lHR-05-057

JHR-05-058

JHR-05-059

67482 Check JHR-05-059

67483 lHR-05-060

Au glt

0.086

Pt glt

0.352

Pd glt

0.318

0.086 0.352 0.564

0.070 0.508 0.972

<0.005 0.041 0.135

0.029 0.326 0.574

0.124 0.883 1.244

0.067 0.420 0.738

0.014 0.337 0.568

<0.005 0.025 0.032

<0.005 <0.015 0.027

<0.005 <0.015 <0.010

<0.005 <0.015 0.025

<0.005 <0.015 0.010

<0.005 <0.015 0.022

<0.005 <0.015 <0.010

<0.005 <0.015 <0.010

0.008 0.029 0.101

<0.005 <0.015 O.ot5

<0.005 <0.015 <0.010

<0.005 <0.015 <0.010

<0.005 <0.015 <0.010

<0.005 <0.015 <0.010

<0.005 <0.015 <0.010

Rh glt

Date Received: 13-Jun-05 Date Completed: 21-Jun-05

Job # 200540832 Reference: 1000951 :32815

Sample #: 43 Rock

Ag ppm

Co Cu

% % 0.0079 0.1548

0.0064 0.0631

0.0251 2.4161

0.0081 0.0719

0.0065 0.2059

0.0212 1.2829

0.00810.1198

0.0160 0.2433

0.0069 0.0061

0.0076 0.0336

0.0078 0.0351

0.0064 0.0045

0.0069 0.0041

0.0051 0.0025

0.0068 0.0026

0.0050 0.0016

0.0070 0.0020

0.0059 0.0009

0.0049 0.0014

0.0040 0.0018

0.0102 0.0023

0.0096 0.0021

0.0056 0.0075

Fe

%

Ni %

0.3475

0.1926

0.1385

0.2878

0.1773

1.7928

0.2723

1.3256

0.0506

0.0078

0.0081

0.0361

0.0226

0.0070

0.0493

0.0124

0.0509

0.0457

0.0124

0.0050

0.1538

0.1448

0.0072

Pb %

Zn %

Page 1 of3 Certified By: ~=:::;~;;;::r;;;;;;;;;;;;;;;;;;.,.--!:!;~ te of Analysis should not be reproduced except In full, without the written the laboratory

AL912-oo 14-06/2212005 09:05 AM

Page 22: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

-Q Att(: ... it~ ~ I itIN)~r~ A DIVISION OF ASSAY LABORATORY SERVICES INC. . . .. ". . '. MINERAL ASSA Y DIVISION

1070 LITHIUM DRIVE, UNIT 2 THUNDER BAY, ONTARIO P7B 6G3 PHONE (807) 626-1630 FAX (807) 623 6820 EMAIL accuracy@tbaytel,net WEB www.accurassay.com

Certificate of Analysis Wednesday, June 22, 2005

North American Palladium Ltd.2, Metals Exploration Divis Date Received: 13-Jun-05 710 Norah Cr. Date Completed: 21-Jun-05 Thunder Bay, ON, CAN Job # 200540832 P7C4T8 Reference: 1000951 :32815 Ph#: (807) 623-8005

Sample #: 43 Rock FaX#: (807) 623-8074 Email ,[email protected]

Au Pt Pd Rh Ag Co Cu Fe Ni Pb Zn Accurassay # Client Id gft gft gft gft % % % % % % ppm

67484 JHR-05-061 <0.005 <0.015 0.012 0.0043 0.0014 0.0197

67485 JHR-05-062 <0.005 <0.015 <0.010 0.0041 0.0020 0.0213

67486 JHR-05-063 <0.005 <0.015 <0.010 0.0047 0.0038 0.0196

67487 JHR-05-064 <0.005 <0.015 <0.010 0.0053 0.0200 0.0085 67488 JHR-05-065 <0.005 <0.015 <0.010 0.0042 0.0004 0.0212 67489 JHR-05-066 <0.005 0.017 0.018 0.0068 0.0050 0.0076 67490 JHR-05-067 <0.005 <0.015 0.017 0.0060 0.0007 0.0291 67491 JHR-05-068 <0.005 <0.015 <0.010 0.0078 0.0090 0.0098 67492 JHR-05-069 0.005 <0.015 <0.010 0.0062 0.0053 0.0031 67493 Check JHR-05-069 0.006 <0.015 <0.010 0.0062 0.0051 0.0031 67494 JHR-05-070 0.007 <0.015 0.015 0.0072 0.0114 0.0070 67495 JHR-05-071 <0.005 <0.015 <0.010 0.0074 0.0127 0.0050 67496 JHR-05-0n <0.005 <0.015 <0.010 0.0065 0.0319 0.0044 67497 JHR-05-073 0.005 <0.015 0.014 0.0058 0.0054 0.0052 67498 JHR-05-074 0.006 0.018 0.022 0.0058 0.0138 0.0078 67499 JHR-05-075 <0.005 <0.015 <0.010 0.0053 0.0021 0.0065 67500 JHR-05-076 0.008 <0.015 0.015 0.0052 0.0105 0.0075 67501 JHR-05-077 <0.005 <0.015 <0.010 0.0058 0.0018 0.0334 67502 JHR-05-078 0.013 <0.015 0.077 0.0053 0.0103 0.0079 67503 JHR-05-079 <0.005 <0.015 <0.010 0.0061 0.0019 0.0390 67504 Check JHR-05-079 <0.005 <0.015 <0.010 0.0058 0.0016 0.0375 67505 JHR-05-080 <0.005 <0.015 <0.010 0.0061 0.0037 0.0059 67506 JHR-05-081 <0.005 <0.015 <0.010 0.0058 0.0026 0.0366

PRQiCEDUR Page 2 of3

Included on this report relate only to the Items tested The ate of Analysis should not be reproduced except In full, without the written ager approval of the laboratory

Al912-0014-06/2212005 09'05 AM

Page 23: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

A DIVISION OF ASSA Y LABORATORY SERVICES INC. MINERAL ASSA Y DIVISION

1070 LITHIUM DRIVE, UNIT 2 THUNDER BAY, ONTARIO P7B 6G3 PHONE (807) 626-1630 FAX (807) 623 6820 EMAIL [email protected] WEB www.accurassay.com

Certificate of Analysis Wednesday, June 22, 2005

North American Palladium Ltd.2, Metals Exploration Divis 710 Norah Cr. Thunder Bay, ON, CAN P7C4T8 Ph#: (807) 623-8005 FaX#: (807) 623-8074 Email [email protected]

Accurassay # Client Jd Au glt

Pt

glt

Pd

glt 67507 JHR-05-082 <0.005 <0.015 <0.010

Rh glt

Date Received: 13-Jun-05 Date Completed: 21-Jun-05

Job # 200540832 Reference: 1000951 :32815 Sample #: 43 Rock

Ag ppm

Co Cu % %

0.0058 0.0046

Fe %

Ni %

0.0292

Pb

% Zn %

PROCEDURfi:06QQJ~ ::=:::::;:'IoI'UIQ4;::::C.:;::uM::-A. AL4NIMA Page 3 of3 results Included on this report relate only to the Items tested Certified By: ~?~~;::::;::=;::==:::= __ ~ ::? Certificate of Analysis should not be reproduced except In full, without the written Derek Demlanluk H.Bsc., Laboratory Manager approval of the laboratory

AL9 J 2-00 J 4-0612212005 09:05 AM

Page 24: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

1070 LITHIUM DRIVE, UNIT 2 PHONE (807) 626-1630 FAX (807) 6236820

A DIVISION OF ASSA Y LABORATORY SERVICES INC. MINERAL ASSA Y DIVISION

THUNDER BAY, ONTARIO P7B 6G3 EMAIL [email protected] WEB www.accurassay.com

Certificate of Analysis Tuesday, June 28, 2005

North American Palladium Ltd.2, Metals Exploration Divis Date Received: 21-Jun-05 710 Norah Cr. Date Completed: 27-Jun-05 Thunder Bay, ON, CAN Job # 200540916 P7C4T8 Reference: 1000952:32815 Ph#: (807) 623-8005

Sample#: 13 Rock FaX#: (807) 623-8074 Email , [email protected]

Au Pt Pd Rh Ag Co Cu Fe Ni Pb Accurassay # Client Id gft gft gft gft % % % % % ppm

71410 JHR-05-083 0.006 <0.015 0.017 0.0017 0.0063 0.0191

71411 lHR-05-084 <0.005 <0.015 <0.010 0.0004 0.0024 0.0048

71412 JHR-05-085 <0.005 0.053 0.019 0.0005 0.0026 0.0055

71413 lHR-05-086 0.012 0.078 0.025 0.0033 0.0164 0.0064 71414 lHR-05-087 <0.005 <0.015 0.022 0.0021 0.0057 0.0126 71415 JHR-05-088 0.015 <0.015 0.024 0.0027 0.0036 0.0026 71416 JHR-05-089 <0.005 <0.015 <0.010 0.0014 0.0007 0.0099

71417 JHR-05-090 <0.005 0.050 0.016 0.0020 0.0229 0.0219 71418 Check JHR-05-090 <0.005 <0.015 <0.010 0.0019 0.0242 0.0227 71419 lHR-05-091 <0.005 <0.015 <0.010 0.0031 0.0038 0.0037 71420 lHR-05-092 <0.005 <0.015 <0.010 0.0024 0.0031 0.0035 71421 lHR-05-093 <0.005 <0.015 <0.010 0.0021 0.0005 0.0116 71422 JHR-05-094 <0.005 <0.015 <0.010 0.0034 O.oJI4 0.0643 71423 JHR-05-095 0.028 0.522 1.332 0.0281 1.6397 1.0843

Zn

%

Page 1 of 1 results included on this report relate only to the Items tested

T ertlflcate of Analysis should not be reproduced except in full, without the written ~l:J::!!?s!!lb~""ttIg1rr-lapproval of the laboretory AL9 1 2-00 1 4-0612812005 10:41 AM

Page 25: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

QC?Accur-a§§aY -.~ Labv.-atv.-ie§ Mineral Assay Division of Assay Laboratory Services Inc. 1046 CORHAM STREET THUNDER BAY, ONTARIO P7B 5X5 PHONE: (807) 626-1630 FAX: (807) 622-7571 EMAIL: [email protected] WEB: www.accurassay.com

Certificate of Analysis Monday, September 12,2005

North American Palladium Ltd.2, Metals Exploration Divis Date Received: 17-Aug-05 710 Norah Cr. Date Completed: 09-Sep-05 Thunder Bay, ON, CAN Job # 200541382 P7C4T8 Reference: 1000953:32815 Ph#: (807) 623-8005

Sample #: 27 Rock FaX#: (807) 623-8074 Email ,[email protected]

Au Pt Pd Rh Ag Co Cu Fe Ni Pb Zn Accurassay # Client ld gft gft gft gft ppm % % % % % %

95447 lHR-05-101 0.005 <0.015 <0.010 0.0063 0.0049 0.0084

95448 lHR-05-102 0.005 <0.015 <0.010 0.0088 0.0807 0.1330

95449 lHR-05-103 <0.005 <0.015 0.041 0.0091 0.2271 0.2433

95450 lHR-05-104 0.006 <0.015 0.047 0.0151 0.2903 0.3819

95451 lHR-05-105 O.DII <0.015 0.044 0.0097 0.1529 0.0773

95452 lHR-05-106 0.017 0.067 0.032 0.0297 1.0483 0.3576

95453 lHR-05-107 <0.005 0.015 0.DI5 0.0075 0.1246 0.1985

95454 lHR-05-108 0.030 0.108 0.140 0.0243 1.7693 0.3383

95455 lHR-05-109 0.020 0.044 0.027 0.01 II 0.3266 0.4415

95456 lHR-05-11O 0.007 <0.015 0.028 0.0085 0.2168 0.1256 95457 Check lHR-05-110 0.006 <0.015 0.034 0.0090 0.2131 0.1351 95458 lHR-05-111 0.023 0.034 0.068 0.0121 0.3902 0.2769 95459 lHR-05-112 0.010 <0.015 0.042 0.0137 0.2826 0.3943 95460 lHR-05-113 0.016 0.016 0.059 0.0105 0.3322 0.0837 95461 lHR-05-114 0.012 <0.015 0.054 00097 0.3064 0.3099 95462 lHR-05-115 0.005 <0.015 0.095 0.0169 0.4105 0.6441 95463 lHR-05-116 <0.005 <0.015 <0.010 0.0037 0.0153 0.0215 95464 lHR-05-117 <0.005 <0.015 <0.010 0.0041 0.0051 0.0089 95465 lHR-05-118 <0.005 <0.015 <0.010 0.0029 0.0084 0.0079 95466 lHR-05-119 <0.005 <0.015 <0.010 0.0050 0.0063 0.0205 95467 lHR-05-120 <0.005 <0.015 <0.010 0.0032 0.0030 0.0149 95468 Check lHR-05-120 <0.005 <0.015 <0.010 0.0032 0.0032 0.0138 95469 lHR-05-121 <0.005 0.066 0.048 0.0164 0.5198 0.3830

Page 1 of2 he results Included on this report relate only to the Items tested he Certificate of Analysis should not be reproduced except In full. without the written approval of the laboratory

AL912-OO14-0911212005 12:31 PM

Page 26: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

(;:t At:t:U["a§§a~ -'~ Labf)ratf)rie~ Mineral Assay Division of Assay Laboratory Services Inc, bid

'-~ ,,-"'-.,..

G "---"-l .. ~.-~ ,.

1046 GORHAM STREET THUNDER BAY, ONTARIO P7B 5X5 PHONE: (807) 626-1630 FAX: (807) 622-7571 EMAIL: [email protected] WEB: www.accurassay.com

Certificate of Analysis Monday, September 12,2005

North American Palladium Ltd.2, Metals Exploration Divis 710 Norah Cr. Thunder Bay, ON, CAN P7C4T8 Ph#: (807) 623-8005 FaX#: (807) 623-8074 Email [email protected]

Accurassay # Client Id

95470 JHR-05-122

95471 JHR-05-123

95472 JHR-05-124

95473 JHR-05-125

95474 lHR-05-126

95475 JHR-05-127

Au

gft <0.005

<0.005

<0.005

<0.005

0.006

0.008

PRO'CED '. s: AL4APP, AL4Co, AL4Cu, AL4Ni

Pt

gft 0.104

0.026

<0.015

0.036

<0.015

<0.015

Pd Rh

gft gft 0.070

0.046

0.022

0.027

0.016

0.015

Date Received: 17-Aug-05 Date Completed: 09-Sep-05

Job # 200541382 Reference: 1000953:32815

Sample #: 27 Rock

Ag Co Cu Fe Ni

ppm % % % % 0.0175 0.3680 0.5468

0.0062 0.0446 0.1531

0.0088 0.2133 0.2069

0.0112 0.1322 0.2455

0,0077 0.0060 0.0087

0.0070 0.0079 0.0101

Pb Zn

% %

Page 2 of2 The results Included on this report relate only to the Items tested

~~-=~'S;:;:::::::::;;;:::=-=~:::::===~~Certlflcate of Analysis should not be reproduced except in full, without the written ". sc., Laboratory Manager approval of the laboratory AL912-0014-091J2/2005 123 I PM

Page 27: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

~. tJIH) ... .-1M ~COI.nCIIIIIC.-.d.:I ~L_AII!ry

!IcopofIJAIDedIIaIonU.

A DIVISION OF ASSA Y LABORA TORY SERVICES INC. G ~~"'_I MINERAL ASSA Y DIVISION L_-*--.-~d~')&

1070 LITHIUM DRIVE, UNIT 2 THUNDER BAY, ONTARIO P7B 6G3 PHONE (807) 626-1630 FAX (807) 6236820 EMAIL [email protected] WEB www.accurassay.com

Certificate of Analysis Thursday, June 23,2005

North American Palladium Ltd.2, Metals Exploration Divis Date Received: 13-Jun-05 710 Norah Cr. Date Completed: 22-Jun-05 Thunder Bay, ON, CAN Job # 200540833 P7C4T8 Reference: 1000951:32815 Ph#: (807) 623-8005

Sample #: 45 Rock FaX#: (807) 623-8074 I=:mail , [email protected]

Au Pt Pd Rh Ag Co Cu Fe Ni Pb Zn Accurassay # Client Id gft gft gft gft ppm % % % % % %

6750B RHL-05-001 <0.005 <0.015 <0.010 0.0070 0.0083 0.0068

67509 RHL-05-002 <0.005 <0.015 <0.010 0.0058 0.0041 0.0045

67510 RHL-05-003 <0.005 <0.015 <0.010 0.0073 0.0055 0.0065

67511 RHL-05-004 <0.005 0.018 0.D35 0.0073 0.0155 0.0447

67512 RHL-05-005 <0.005 <0.015 <0.010 0.0057 0.0151 0.0054

67513 RHL-05-006 <0.005 <0.015 <0.010 0.0099 0.0100 0.0108

67514 RHL-05-007 <0.005 <0.015 <0.010 0.0090 0.0069 0.0041

67515 RHL-05-00B <0.005 <0.015 <0.010 0.0082 0.0046 0.0141

67516 RHL-05-009 <0.005 <0.015 <0.010 0.0098 0.0092 0.0080

67517 RHL-05-010 <0.005 <0.015 <0.010 0.0108 0.0085 0.0117

6751B Check RHL-05-010 <0.005 <0.015 <0.010 0.0081 0.0075 0.0093

67519 RHL-05-011 <0.005 <0.015 <0.010 0.0067 0.0003 0.0216 67520 RHL-05-012 <0.005 <0.015 <0.010 0.0048 0.0180 0.0044

67521 RHL-05-013 <0.005 0.018 <0.010 0.0063 0.0001 0.0524

67522 RHL-05-014 <0.005 <0.015 <0.010 0.0069 0.0008 0.0893

67523 RHL-05-015 <0.005 <0.015 0.013 0.0079 0.0003 0.1049 67524 RHL-05-016 <0.005 <0.015 0.011 0.0049 0.0081 0.0059 67525 RHL-05-017 <0.005 <0.015 0.014 0.0107 0.0115 0.0094

67526 RHL-05-0IB <0.005 <0.015 <0.010 0.0088 0.0086 0.0101

67527 RHL-05-019 <0.005 <0.015 <0.010 0.0067 0.0007 0.0623

67528 RHL-05-020 <0.005 <0.015 <0.010 0.0090 0.0091 0.0109

67529 Check RHL-05-020 <0.005 <0.015 0.011 0.0090 0.0091 0.0106

67530 RHL-05-021 <0.005 <0.015 <0.010 0.0041 0.0010 0.0048

____ .... AL4CuMA, AL4NiMA Page 1 of3 The results Included on this report relate only to the Items tested The Certificate of Analysis should not be reproduced except In full, without the written approval of the laboratory AL912'()() 14-06/23/2005 10: 54 AM

Certified B.~.~~~~f:?=-~:::=::-

Page 28: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

(A) 4lU:11"aua~ ~ l.aIN:>~,..Ie, A DIVISION OF ASSA Y LABORATORY SERVICES INC. .. . .. , MINERAL ASSA Y DIVISION

1070 LITHIUM DRIVE, UNIT 2 THUNDER BAY, ONTARIO P7B 6G3 PHONE (807) 626-1630 FAX (807) 623 6820 EMAIL [email protected] WEB www.accurassay.com

Certificate of Analysis Thursday, June 23, 2005

North American Palladium Ltd.2, Metals Exploration Divis Date Received: 13-1un-05 710 Norah Cr. Date Completed: 22-1un-05 Thunder Bay, ON, CAN Job # 200540833 P7C4T8 Reference: 1000951 :32815 Ph#: (807) 623-8005

Sample#: 45 Rock FaX#: (807) 623-8074 Email ,[email protected]

Au Pt Pd Rh Ag Co Cu Fe Ni Pb Zn Accurassay # Client Id 9ft 9ft 9ft 9ft ppm % % % % % %

67531 RHL-05-022 <0.005 <0.015 <0.010 0.0059 0.0020 0.0233

67532 RHL-05-023 <0.005 0.030 0.019 0.0043 0.0022 0.0206

67533 RHL-05-024 <0.005 <0.015 <0.010 0.0063 0.0041 0.0259

67534 RHL-05-025 <0.005 <0.015 <0.010 0.0043 0.0021 0.0030

67535 RHL-05-026 <0.005 <0.015 <0.010 0.0080 0.0084 0.0081

67536 RHL-05-027 <0.005 <0.015 <0.010 0.0057 0.0124 0.0064

67537 RHL-05-028 <0.005 <0.015 <0.010 0.0052 0.0012 0.0508

67538 RHL-05-029 <0.005 <0.015 0.012 0.0024 0.0064 0.0037

67539 RHL-05-030 <0.005 <0.015 <0.010 0.0072 0.0223 0.0820 67540 Check RHL-05-030 <0.005 <0.015 <0.010 0.0080 0.0271 0.0826

67541 RHL-05-031 <0.005 <0.015 <0.010 0.0083 0.0251 0.0776 67542 RHL-05-032 <0.005 <0.015 <0.010 0.0058 0.0050 0.0031 67543 RHL-05-033 <0.005 <0.015 <0.010 0.0077 0.0081 0.0138

67544 RHL-05-034 <0.005 <0.015 <0.010 0.0034 0.0037 0.0064 67545 RHL-05-035 <0.005 <0.015 <0.010 0.0036 0.0052 0.0264 67546 RHL-05-036 <0.005 <0.015 <0.010 0.0074 0.0142 0.0365 67547 RHL-05-037 <0.005 <0.015 <0.010 0.0083 0.0153 0.0592 67548 RHL-05-038 <0.005 <0.015 <0.010 0.0075 0.0203 0.0523 67549 RHL-05-039 <0.005 <0.015 <0.010 0.0076 0.0269 0.0577 67550 RHL-05-040 <0.005 <0.015 <0.010 0.0097 0.0500 0.0792 67551 Check RHL-05-040 <0.005 <0.015 <0.010 0.0092 0.0461 0.0765 67552 RHL-05-041 <0.005 <0.015 <0.010 0.0060 0.0071 0.0452 67553 RHL-05-042 <0.005 <0.015 0.042 0.0059 0.0187 0.0840

L4APP, AL4CoMA, AL4CuMA, AL4NiMA Page 2 of3 Certified By: . ts Included on this report relate only to the Items tested

ertlficate of Analysis should not be reproduced except In full, without the written approval of the laboratory AL912-0014-06I2J/2005 10:54 AM

Page 29: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

-1070 LITHIUM DRIVE, UNIT 2

A DIVISION OF ASSA Y LABORA TORY SERVICES INC. MINERAL ASSA Y DIVISION

THUNDER BAY, ONTARIO P7B 6G3

SIIrG~'III;~ojC&llGdll ~~_f

&DpedAtadnanUi

PHONE (807) 626-1630 FAX (807) 6236820 EMAIL [email protected] WEB www.accurassay.com

Certificate of Analysis Thursday, June 23,2005

North American Palladium Ltd.2, Metals Exploration Divis 710 Norah Cr. Thunder Bay, ON, CAN P7C4T8 Ph#: (807) 623-8005 FaX#: (807) 623-8074 Email [email protected]

A,ccurassay # Client Id

67554 RHL-05-043

67555 RHL-05-044

67556 RHL-05-045

Au Pt Pd glt glt glt

<0.005 <0.015 <0.010

<0.005 <0.015 0.041

<0.005 <0.015 <0.010

: AL4APP, AL4CoMA, AL4CuMA, AL4NiMA

Rh

glt

Date Received: 13-Jun-05 Date Completed: 22-Jun-05

Job # 200540833 Reference: 1000951:32815

Sample #: 45 Rock

Ag Co Cu Fe Ni ppm % % % %

0.0045 0.0081 0.0085

0.0081 0.1562 0.2417

0.0092 0.0829 0.0793

__ ~1n'III1IIJ1ts Included on this report relate only to the Items tested

Pb Zn

% %

Page 3 of3

.~~~-:-:;~::::::;::;:=:;======--~~~·f1cate of Analysis should not be reproduced except /n full, without the written Derek Oem/an/uk H.Bsc., Laboratory Manager approval of the laboratory AL912-OO14-06I2312005 10:54 AM

Page 30: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

Q At::t::Ura§§aY ~ Lilb() ... at()rie§ Mineral Assay Division of Assay Laboratory Services Inc,

1046 GORHAM STREET THUNDER BAY, ONTARIO P7B 5X5 PHONE: (807) 626-1630 FAX: (807) 622-7571 EMAIL: [email protected] WEB: www.accurassay.com

Certificate of Analysis Tuesday, July OS, 2005

North American Palladium Ltd.2, Metals Exploration Divis Date Received: 21-Jun-05 710 Norah Cr. Date Completed: 04-Jul-05 Thunder Bay, ON, CAN Job # 200540917 P7C4T8 Reference: 1000952:32815 PhI: (807) 623-8005

Sample#: 40 Rock FaX#: (807) 623-8074 Email ,[email protected]

Au Pt Pd Rh Ag Co Cu Fe Ni Pb Zn Accurassay # Client Id gft gft gft gft ppm % % % % % %

71424 RHL-05-046 <0.005 0.046 0.023 0.0117 0.1873 0.3009 71425 RHL-05-047 <0.005 0.030 0.017 0.0108 0.1268 0.2089 71426 RHL-05-048 <0.005 0.027 0.018 0.0103 0.1434 0.2110 71427 RHL-05-049 <0.005 0.105 0.133 0.0110 0.0313 0.2049 71428 RHL-05-050 <0.005 0.061 0.051 0.0173 0.1967 0.5626 71429 Check RHL-05-050 <0.005 0.063 0.053 0.0173 0.2053 0.6274 71430 RHL-05-051 <0.005 <0.015 0.015 0.0083 0.0759 0.0874 71431 RHL-05-052 <0.005 0.062 0.069 0.0075 0.0335 0.0862 71432 RHL-05-053 <0.005 0.072 0.094 0.0076 0.0842 0.1150 71433 RHL-05-054 <0.005 <0.015 <0.010 0.0067 0.0140 0.0753 71434 RHL-05-055 <0.005 <0.015 0.039 0.0088 0.0455 0.1163 71435 RHL-05-056 <0.005 <0.015 0.012 0.0100 0.1173 0.1928 71436 RHL-05-057 <0.005 0.026 <0.010 0.0060 0.0078 0.0153 71437 RHL-05-058 <0.005 <0.015 <0.010 0.0129 0.0975 0.0096 71438 RHL-05-059 <0.005 <0.015 <0.010 0.0054 0.0049 0.0054 71439 RHL-05-060 <0.005 <0.015 <0.010 0.0053 0.0011 0.0071 71440 Check RHL-05-060 <0.005 <0.015 <0.010 0.0055 0.0010 0.0073 71441 RHL-05-061 <0.005 <0.015 <0.010 0.0067 om 13 0.0093 71442 RHL-05-062 <0.005 <0.015 <0.010 0.0051 0.0044 0.0047 71443 RHL-05-063 <0.005 <0.015 <0.010 0.0035 0.0110 0.0023 71444 RHL-05-064 <0.005 <0.015 <0.010 0.0062 0.0101 0.0105 71445 RHL-05-065 <0.005 <0.015 <0.010 0.0096 0.0312 0.0732 71446 RHL-05-066 <0.005 <0.015 <0.010 0.0075 0.0068 0.0439

Page 1 of2 Certified By' The results Included on thIs report relate only to the Items tested

The Certificate of Analysis should not be reproduced except In full, without the written nager approval of the laboratory AL9 I 2-00 I 4-07/0512005 11:48 AM

Page 31: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

Q ACCUr-a§§aY 1J'-Labur-atuf'"ie§ Mineral Assay Division of Assay Laboratory Services Inc. 1046 GORHAM STREET THUNDER BAY, ONTARIO P7B 5X5 PHONE: (807) 626·1630 FAX: (807) 622· 7571 EMAIL: [email protected] WEB: www.accurassay.com

Certificate of Analysis Tuesday, July OS, 2005

North American Palladium Ltd.2, Metals Exploration Divis Date Received: 21-J un-05 710 Norah Cr. Date Completed: 04-Jul-05 Thunder Bay, ON, CAN Job # 200540917 P7C4T8 Reference: 1000952:32815 Ph#: (807) 623·8005

Sample#: 40 Rock FaX#: (807) 623-8074 Email ,[email protected]

Au Pt Pd Rh Ag Co Cu Fe Ni Pb Zn Accurassay # Client Id g/t g/t g/t g/t ppm % % % % % %

71447 RHL-05-067 <0.005 <0.015 <0.010 0.0076 0.0181 0.0553

71448 RHL-05-068 <0.005 <0.015 <0.010 0.0063 0.0064 0.0589

71449 RHL-05-069 <0.005 0.192 0.217 0.0328 0.5098 0.0928

71450 RHL-05-070 <0.005 <0.015 0.158 0.0622 0.5191 2.5105

71451 Check RHL-05-070 <0.005 <0.015 0.138 0.0640 0.5334 2.2709

71452 RHL-05-071 <0.005 <0.015 <0.010 0.0102 0.0724 0.0334

71453 RHL-05-0n <0.005 <0.015 <0.010 0.0061 0.0011 0.0242

71454 RHL-05-073 <0.005 <0.015 <0.010 0.0077 0.0092 0.0260

71455 RHL-05-074 <0.005 <0.015 <0.010 0.0089 0.0282 0.1494

71456 RHL-05-075 <0.005 <0.015 <0.010 0.0052 0.0036 0.0203

71457 RHL-05-076 <0.005 <0.015 0.015 0.0046 0.0010 0.0303

71458 RHL-05-077 <0.005 <0.015 <0.010 0.0050 <0.0001 0.0429

71459 RHL-05-078 <0.005 <0.015 <0.010 0.0033 0.0036 0.0031

71460 RHL-05-079 <0.005 0.615 1.028 0.0084 0.2127 0.6743 71461 RHL-05-080 <0.005 <0.015 <0.010 0.0050 0.0080 0.0082 71462 Check RHL-05-080 <0.005 <0.015 <0.010 0.0052 0.0077 0.0078 71463 RHL-05-081 <0.005 <0.015 <0.010 0.0010 0.0002 0.0010 71464 RHL-05-082 <0.005 <0.015 <0.010 0.0033 0.0050 0.0047 71465 RHL-05-083 0.008 0.018 0.011 0.0078 0.0127 0.0071 71466 RHL-05-084 <0.005 <0.015 <0.010 0.0067 0.0067 0.0073 71467 RHL-05-085 <0.005 <0.015 <0.010 0.0078 0.0066 0.0050

Page 2 of2 Certified By:i.,' ,&J.~~:qfH.,I4I6:=~-

The results Included on this report relate only to the Items tested The Certificate of Analysis should not be reproduced except In full, without the written nager approval ofthe laboratory

AL912·0014·07/0SI200S 11:48 AM

Page 32: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

1070 LITHIUM DRIVE, UNIT 2 PHONE (807) 626-1630 FAX (807) 623 6820

A DIVISION OF ASSA Y LABORATORY SERVICES INC. MINERAL ASSA Y DIVISION

THUNDER BAY, ONTARIO P7B 6G3 EMAIL [email protected] WEB www.accurassay.com

Certificate of Analysis Wednesday, June 22,2005

North American Palladium Ltd.2, Metals Exploration Divis 710 Norah Cr. Thunder Bay, ON, CAN P7C4T8 Ph#: (807) 623-8005 FaX#: (807) 623-8074 Email [email protected]

Accurassay # Client Id Au Pt

gft gft Pd

gft 67557 JMM-05-001 <0.005 <0.015 <0.010

67558 JMM-05-002 0.006 <0.015 0.012

67559 Check JMM-05-002 <0.005 <0.015 0.010

Rh gft

Date Received: 13-Jun-05 Date Completed: 21-J un-05

Job # 200540834 Reference: 1000951:32815 Sample #: 2 Rock

Ag Co Cu Fe Ni ppm % % % %

0.0045 0.0072 0.0447

0.0047 0.0024 0.0052

0.0046 0.0022 0.0051

Pb

%

Zn

%

Page 1 of 1

~~~~~~t~~;;~~r~w,~cate of AnalysIs should not be reproduced except In full, without the written 'el r approval of the laboratory AL91 2-00 14-0612212005 0856 AM

Page 33: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

,==~ ~~oIc.a ---"-filAcaedilllian~

A DIVISION OF ASSA Y LABORATORY SERVICES INC. G c..-~ .. ......-

MINERAL ASSA Y DIVISION --Pwtt.d~1.)l

1070 LITHIUM DRIVE, UNIT 2 THUNDER BAY, ONTARIO P7B 6G3 PHONE (807) 626-1630 FAX (807) 623 6820 EMAIL [email protected] WEB www.accurassay.com

Certificate of Analysis Tuesday, June 28, 2005

North American Palladium Ltd.2, Metals Exploration Divis Date Received: 21-Jun-05 710 Norah Cr. Date Completed: 27-Jun-05 Thunder Bay, ON, CAN Job # 200540915 P7C4T8 Reference: 1000952:32815 PhI: (807) 623-8005

Sample#: 18 Rock FaX#: (807) 623-8074 Email ,[email protected]

Au Pt Pd Rh Ag Co Cu Fe Ni Pb Zn Accurassay # Client Id glt glt glt glt ppm % % % % % %

71390 IMM-05-003 <0.005 0.021 <0.010 0.0019 0.0083 0.0046

71391 JMM-05-004 <0.005 0.026 0.020 0.0021 0.0104 0.0025

71392 JMM-05-005 <0.005 <0.015 <0.010 0.0021 0.0093 0.0028

71393 JMM-05-006 <0.005 <0.015 0.011 0.0021 0.0026 0.0039

71394 JMM-05-007 <0.005 <0.015 <0.010 0.0030 0.0071 0.0060

71395 IMM-05-008 <0.005 <0.015 <0.010 0.0012 0.0006 0.0053

71396 IMM-05-009 0.015 0.424 0.456 0.0162 0.6620 1.0649

71397 IMM-05-010 <0.005 0.038 0.040 0.0021 0.0095 0.0153

71398 Check IMM-05-010 <0.005 0.035 0.040 0.0021 0.0087 0.0158

71399 JMM-05-011 <0.005 0.017 0.016 0.0015 0.0022 0.0011

71400 JMM-05-012 <0.005 <0.015 0.013 0.0016 0.0010 0.0025

71401 IMM-05-013 <0.005 <0.015 0.136 0.0043 0.0156 0.0033 71402 JMM-05-014 <0.005 <0.015 0.023 0.0011 0.0071 0.0034 71403 IMM-05-015 0.191 <0.015 <0.010 0.0017 0.0010 0.0078 71404 JMM-05-016 <0.005 <0.015 0.011 0.0021 0.0031 0.0061 71405 JMM-05-017 <0.005 <0.015 <0.010 0.0016 0.0043 0.0107 71406 JMM-05-018 <0.005 <0.015 <0.010 0.0002 0.0012 0.0082 71407 IMM-05-019 <0.005 <0.015 <0.010 0.0004 0.0036 0.0070 71408 IMM-05-020 <0.005 <0.015 <0.010 0.0002 0.0006 0.0010 71409 Check IMM-05-020 <0.005 <0.015 0.011 <0.0001 0.0004 0.0007

Page 1 of 1 )..-~~ ____ .;.;;.o~--- Included on this report relate only to the Items tested Certified By: ~"'-""'-"-"--''''--_____ The Certificate of Analysis should not be reproduced except In full, without the written Derek Demlanluk H.Bse., Laboratory Manager approval of the laboratory AL9 I 2-00 I 4-0612812005 0934 AM

Page 34: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

Q Ac:::c:::u..-a§§aY L.P-lab()..-atf)..-ie§ Mineral Assay Division of Assay Laboratory Services Inc,

1046 GORHAM STREET THUNDER BAY, ONTARIO P7B 5X5 PHONE: (807) 626-1630 FAX: (807) 622-7571 EMAIL: [email protected] WEB: www.accurassay.col1

Certificate of Analysis Wednesday, October 25, 2006

North American Palladium Ltd.2, Metals Exploration Divis 710 Norah Cr. Thunder Bay, ON, CAN P7C4T8 Ph#: (807) 623·8005 FaX#: (807) 623·8074 Email [email protected]

Accurassay # Client Id -Au glt

Pt glt

Pd

glt

Date Received: 11-0ct-06 Date Completed: 24-0ct-06

Job # 200642220 Reference: 1000869:32815 Sample #: 42 Rock

Rh Ag Co glt ppm %

Cu

% Fe

% Ni %

Pb Zn % %

.1 ....... l ... I.I ...... ~ ............ ....a

125361 GK·06·038 <0.005 0.017 <0.010 0.0014 0.0005 0.0018 125362 GK·06·039 <0.005 0.016 <0.010 2 0.0063 0.0018 0.0378 125363 GK·06·040 <0.005 <0.015 <0.010 2 0.0026 0.0009 0.0030 125364 Check GK·06·040 <0.005 <0.015 <0.010 2 0.0027 0.0009 0.0029 125365 GK·06·041 <0.005 <0.015 <0.010 0.0013 0.0005 0.0024 125366 GK·06·042 <0.005 <0.015 <0.010 0.0015 0.0008 0.0017

I •

PRIDCED Page 20(2

The results Included on this report relate only to the items tested The Certificate of Analysis should not be reproduced except In full, without the written Derek Demlanluk H.Ssc., Laboratory Manager approval of the laboratory

AL912·00 14· 1012512006 08:17 AM

Page 35: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

Q Accur-a§§aY ~ Lab()rat()rie§ Mineral Assay Division of Assay Laboratory Services Inc,

1046 GORHAM STREET THUNDER BAY, ONTARIO P7B 5X5 PHONE: (807) 626-1630 FAX: (807) 622-7571 EMAIL: [email protected] WEB: www.accurassay.com

Certificate of Analysis Thursday. October 19.2006

North American Palladium Ltd.2, Metals Exploration Divis 710 Norah Cr.

Date Received: 11-0ct-06 Date Completed: 19-Oct-06

Thunder Bay, ON, CAN lP7C4T8 Ph#: (807) 623-8005 FaX#: (807) 623-8074 Email [email protected]

Accurassay # Client Id

125310 M·22

125311 M·23

125312 M-24

Au

glt <0.005

<0.005

<0.005

Pt Pd Rh

glt glt glt <0.015 0.011

<0.015 0.013

<0.015 0.011

Job # 200642219 Reference: 1000870:32815

Sample #: 41 Rock

Ag Co Cu Fe Ni

ppm % % % % < 1 0.0014 0.0023 0.0029

< 1 0.0016 0.0007 0.0179

0.0068 0.0170 0.0711

Pb Zn

% %

Page 2 of2 The results Included on this report relate only to the Items tested

The Certificate of Analysis should not be reproduced except In full. without the written approval of the laboratory

AL9Il-OOI4-10l1912006 01: 17 PM

Page 36: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

---

Thursday. October 19.2006

1046 Gorham Street Thunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630 Fax: (807) 622·7571

Certificate of Analysis

www.accurassay.com [email protected]

North American Palladium Ltd.2, Me.tals Exploration Divis 710 Norah Cr.

Date Received: 11-0ct-06 Date Completed: 19-0ct-06

Thunder Bay, ON, CAN P7C4T8 Ph#: (807) 623-8005 FaX#: (807) 623-8074 Email [email protected]

Accurassay # Client Id

125304 M-17

125305 M-18

125306 M-19

125307 M-20

125308 Check M-20

125309 M-21

PROCEDU

Job # 200642219 Reference: 1000870:32815

Sample #: 41 Rock

Au Pt Pd

glt

Rh Ag Co Cu

%

Fe

%

Ni %

Pb Zn

glt, glt glt ppm % % %

0.011 <O.OIS o.olS < I 0.0016 0.0196 0.0047

<0.005 <0.015 0.014 3 0.0011 O,OOIS O.OOIS

<O.OOS <0.015 0.012 < I 0.0002 0.0009 0.0005

<0.005 <0.015 0.014 < I 0.0004 0.0017 0.0011

<0.005 <0.015 0.013 < I 0.0003 0.0009 0.0009

<0.005 <0.015 0.012 < I 0.0008 0.0004 0.0024

Page 1 of2 The results Included on thl. report relate only to the Items tested

The Certificate of Analysis should not be reproduced except In full. without the written approval of the laboratory

AL9 I 2-00 I 4-1011912006 01:17 PM

Page 37: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

Appendix VI

Page 38: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

~ GEOSIG Inc. EXPERTS-CONSEILS EN GEOPHYSIQUE

NORTH AMERICAN PALLADIUM LTD. METALS EXPLORATION DIVISION

Project 200.06

March 3rd, 2006

Induced Polarization survey

Tyko Property, Pickle Lake Grid

Manitouwadge area, Ontario

42C/13

Work Report

Simon Tshimbalanga, Eng.

3700, boul. de la Chaudiere, Sainte-Foy (Quebec), G1X 4B7 Telephone: (418) 877-7382 Telecopieur: (418) 877-4054

Page 39: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

Contents

1. INTRODUCTION .................................................................................................... 2

2. PROPERTY, LOCALIZATION AND ACCESS .................................................... 2

3. FIELD WORKS AND PERSONNEL ..................................................................... 2

4. INDUCED POLARIZATION (IP) SURVEy .......................................................... 3

4.1 Purpose of the IP survey ................................................................................. 3

4.2 Procedure and instruments .............................................................................. 3

4.3 Presentation of results ..................................................................................... 4

4.4 Usefulness of the Normalized Chargeability .................................................. 5

4.5 Probability ofIP anomalies ............................................................................ 5

5. DESCRIPTION OF THE IP SURVEY ................................................................... 6

5.1 ReSIstivIty ....................................................................................................... 6

5.2 Chargeability ................................................................................................... 6

5.3 Normalized chargeability ................................................................................ 7

5.4 Description ofIP anomalies and discussion of results ................................... 7

7. CONCLUSION ........................................................................................................ 8

- LIST OF MAPS

- DESCRIPTION TABLE OF IP ANOMALIES

- LOCATIONMAP

- CERTIFICATE of QUALIFICATIONS

- Appendix A: CLAIM MAP and CLAIM ABSTRACTS

- Appendix B: EQUIPMENT SPECIFICATIONS

- PSEUDO-SECTIONS

- GEOPHYSICAL MAPS

CiEOSICi Inc.

Page 40: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

3.

- Jean-Rock Dominique, Helper

Simon Tshimbalanga, eng. processed and interpreted the data, and he also wrote the report. Donald Saindon finalized the maps and the pseudo-sections.

4. INDUCED POLARIZATION (IP) SURVEY

4.1 Purpose of the IP survey An IP survey is usually done in order to detect conductive and/or polarizable materials such as sulfides or graphite. Therefore, the survey consists in measuring the chargeability (M) and the apparent resistivity (R) along the grid lines surveyed.

Theoretically, the resistivity map should pinpoint conductive sulfides or graphite bodies. In reality, resistivity maps usually reflect variations in the conductivity and thickness of the overburden. The chargeability (M) measurements do allow the detection of sulfides or graphite bodies, either massive or disseminated, as the overburden seldom if ever shows any chargeability.

In areas of variable overburden conductivity, chargeability "anomalies", even over massive sulfide bodies, are subdued where the surface conductivities are high. Readings may be lower over sulfide bodies covered by clays (as low as 3 msec) than over non-mineralized but highly resistive volcanic outcrops (10 to 20 msec). To interpret an IP survey with such variations, both sets of measurements, chargeability and resistivity, must therefore be studied together. This is why we prepared normalized chargeability (NC) maps as they better reflect the actual distribution of sulfides and other polarizable materials. Resistivity and raw chargeability maps are also presented.

4.2 Procedure and instruments The IP survey was performed in the time domain mode with a standard waveform: 2 seconds ON, 2 seconds OFF. We used a pole-dipole configuration, with a=25m electrode spacing, and readings were taken at every separation (n=l, 2, 3, 3, 5 and 6).

Steel pin electrodes were used for the receiver and the transmitter. On the receiver electrode spreads, stainless steel pin electrodes were used in order to improve the signal-to-noise ratio. The following equipment was used:

Receiver: Elrec-6 built by IRISIBROM, sin 108

Transmitter: T3P 217 1,8 kW built by Instrumentation ODD Inc.

CiEOSICi Inc.

Page 41: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

4.

The receiver read out chargeability (M) within 0.1 msec on ten windows, which were added up with the following formula:

NORMALIZED IP CURVE (Newmont standard IP decay curve):

N = (16OM I K l + 16OM2K2 + 16OM3K3 + 16OM3K3 + 160MsKS + 160M6~ + 160M7K7 + 160Mg Kg + 16OM9~ + 16OMI0KI0) /1600.

4.3 Presentation of results The results of the survey are represented at a 1:2 500 scale. On map no. 7908, we plotted the three profiles at the following scales:

Chargeabili ty (M) Surface resistivity (R)

20 msec/cm Logarithmic scale:

1 to 1 000 000 a-m, 2 decades per cm 1000 a-meters centered on the line

Normalized chargeability (NC) 10 mhosec/cm

The localization of IP anomalies is mostly based on the shape of the NC profiles, which were calculated from M and R with the following formula:

NC R

where: NC R M Vp I a n 9,58

= =

9,58 * MI-..JR 2 * 1t * a * n (n+1) * Vp/l

= normalized chargeability, mhosec = apparent surface resistivity, a-meters = chargeability read on the receiver display, msec. = voltage between receiver electrodes, mvolts = current transmitted, milli-amperes = electrode spacing, meters = number of separations = normalization factor

We gave the name of mhosec to the normalized chargeability as It IS obtained by mUltiplying the conductivity (I/R) measured in mhos by the chargeability (milliseconds), or mhosec. By combining those two parameters, we created the new name, mhosec.

The results are shown as profiles of the first separation on map no. 7908. The resistivity, chargeability and the normalized chargeability, also at the first separation, have been contoured and they respectively appear on maps no. 7909, 7910 and 7911. The six separations are presented as color contoured pseUdo-sections at the 1:2 500 scale. The interpretation of the IP survey is based on the pseudo-sections, which was then transferred on the profiles.

CiEOSICi Inc.

Page 42: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

5.

4.4 Usefulness of the Normalized Chargeability An IP survey consists in measuring the apparent resistivity and chargeability between four electrodes in order to predict the distribution of sulfides and other polarizable materials such as graphite. From those two parameters, we calculate the Normalized Chargeability (NC) using the formulas mentioned above. In areas of variable overburden conductivity, the application of the NC filter compensates for the high background chargeability observed in areas of high resistivity (outcrops or outcrops covered by very thin overburden) or the extremely low background chargeability observed in areas of swamps and conductive overburden.

The purpose of the exercise is to refine the NC so that a given mass of sulfides is represented by an anomaly of at least approximately the same amplitude, whatever the nature and depth of the surface overburden.

4.5 Probability of IP anomalies In an attempt to clarify our reports, we add one parameter to the description of each anomaly. In geophysics, we may express the probability that a bedrock source anomaly exists. Here is an explanation of that parameter we will use to better describe the anomalies of our surveys:

- A 0.9 probability indicates that the anomaly is actually present in the bedrock and that it will be intersected in more than nine out of ten attempted drill holes. A miss on such an anomaly means that there is either a mistake in chaining, or that the drill hole crossed the anomaly through a dyke, a faulted offset, or a local "barren" hole. Anyone with experience in a mine will testify that such occurrences can occasionally happen.

- A 0.5 probability means that the signature of the anomaly is somewhat doubtful, the signal-to-noise ratio is less than 3, either because the overburden is deep or because of the interference of an adjacent stronger anomaly. The probability that the anomaly corresponds to a target is therefore lowered to a point where only one in two of such drill holes will hit a target. For example, if a target is small but of cylindrical shape, a drill hole collared too far away may completely miss the anomaly if the cylinder has a lateral rake. Any target having a 0.5 probability should be drilled if the local geology is favorable or if targets are few or far between. Out of the thousands of drill holes that we have recommended up to now, only six have resulted in mining operations. For three out of these six mines, the first drill hole was spotted on a doubtful anomaly where the probability was about 0.5 or, in other words, there was only one chance out of two to explain the anomaly by a bedrock source. And yet, most DDH are drilled on anomalies that have a probability of 0.9.

CiEOSICi Inc.

Page 43: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

6.

- A 0.2 probability means that, on the average, only one drill hole in five will intersect a sulfide concentration important enough to explain the anomaly. It is often much better to drill such weak IP anomalies if the geology is favorable than to select diamond drill targets at random, or even to select magnetic anomalies or VLF targets. When comparing targets for example, we believe that the probability is much less than 0.1, that an "average" magnetic anomaly will correspond to sulfides or graphite and, if we consider VLF anomalies in clay areas, the probability is lower than 0.05, or hardly better than luck. However, VLF anomalies where the overburden is resistive may be just as reliable as MaxMin or Pulse surveys in outcrop areas, or where the overburden is non conducti ve.

5. DESCRIPTION OF THE IP SURVEY

5.1 Itesistivity The apparent resistivity on this area varies from 105 a-m to 57 000 a-m. As mentioned earlier, the resistivity maps usually reflect variations in the conductivity and thickness of the overburden. However, the variation of the resistivity on an IP survey is also often associated with the different types of rocks where the overburden is shallow.

The color-contoured map of resistivity shows mostly high resistivity areas (> 7 OOOa-meters) crossed by thin lower resistivity areas characterized by resistivity lower than 5000 a-meters. These high resistivity areas are bordered by lower ones (> 2000 a-meters) to the northwest, to the southwest and the southeast. In the present case, high resistivity areas generally correspond to higher lands and low resistivity areas to lower ones.

5.2 Chargeability The background value on the color contour map of chargeability (7910) is around 4 millisecondes in high resistivity areas and lower than 2 milliseconds in lower resistivity areas. The most predominant feature on the chargeability color contour map is the presence of a 150 meters wide major high chargeability area that runs through L6+50El4+25N to L8+OOE/O+75N. This northwest-southeast oriented IP body has a weaker extension toward the southeast up to LlO+00El1 +OOS. All the significant IP anomalies are contained in this high chargeability area.

CieOSICi Inc.

Page 44: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

7.

5.3 Normalized chargeability The background NC value varies from 0.3 to 0.4 mhosec. Generally, with such low reference levels, even small amounts of sulfides give a clear anomaly. The individual anomalies are described in the table below.

5.4 Description of IP anomalies and discussion of results A total of 8 anomalies have been identified and described in this survey. Most of them have a northwest-southeast trend and their intensity ranges from weak to high IP values. For the interpretation, Geosig Inc. used only the actual IP survey for the correlation from line to line of the IP anomalies but, alternate interpretations are also possible. Interpretation should eventually be modified and improved with available geological information.

In the priority given in the description table, only the geophysical characteristics are considered. Determination of drilling targets priorities requires that all available geological and other information must be considered.

A major part of anomalies in this survey present a complex pattern due to an intermixing or overlapping of nearby anomalies. An alternate model could better reflect the reality than the one proposed.

IP anomalies in this area, are generally associated to highly resistive formations. Therefore, stripping and trenching are recommended on resistive areas where the bedrock is outcropping or near the surface. Drilling is recommended over IP anomalies corresponding to lower resistivity areas. The annexed table summarizes the main characteristics of the anomalies of this survey.

GEOSIG Inc.

Page 45: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

8.

7. CONCLUSION

This geophysical campaign gave interesting information about this Property.

The IP survey led to the detection and description of several anomalies. All of them (except one) are contained in the same high chargeability zone. Although not all IP anomalies will lead to economic discoveries, the results obtained in this area make this method one of the best with regard to the quality of targets versus prospecting costs. Stripping and trenching are recommended as they could explain most of the anomalies. Drilling is recommended on strong IP anomalies that could not be explained by stripping and on all IP anomalies also corresponding to good geological targets.

CiEOSICi Inc.

Page 46: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

LIST OF MAPS

Scale: 1: 2 500

Map # Title

7908 Profiles and Posting Induced Polarization Survey

7909 Resistivity Contours Induced Polarization Survey

7910 Chargeability Contours Induced Polarization Survey

7911 Nonnalized Chargeability Contours Induced Polarization Survey

CiEOSICi Inc.

Page 47: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

a m e a

#

IP-l

IP-2

IP-3

IP-4

IP-S

IP-6

IP-7

IP-8

From Ln/Stn

6+50E 4+25N 6+00E 4+25N

6+50E 2+87N

6+50E 2+25N

6+50E 1+75N

8+50E 0+62N

8+50E 0+12S

15+00E 4+50S

To Ln/Stn

8+00E 2+25N 8+00E 1+50N

8+00E 1+12N

8+00E 0+62N

7+00E 0+87N

9+50E 0+75N

10+00E 1+12S

15+00E 4+50S

Description table of IP anomalies - Tyko property - Pickle Lake grid

Length Target IP Resis. NC Proba- Prio- Comments (m) Ln/Stn (msec) (O-m) (mhosec) bility rity /back / back /back

150 7+00E 14 I 5 7302 I complex 1.5/0.4 0.5 2 Moderate increase ofIP in a complex resistivity 3+87N ~attern. Intermixed with nearby IP anomaly. 200 7+50E 31/5 1074 I> 6500 9.1 10.4 0.9 1 Strong increase of IP associated to a good drop of 2+12N .!, resistivity. Intermixed with nearby IP anomaly 150 7+00E 28 I 5 1956 I > 7000 6/0.4 0.9 1 Strong increase of IP in a complex pattern. 2+25N .!, complex Intermixed with nearby IP anomaly. Complex

resistivit}' ~attern. 150 7+00E 14 I 5 1169 I > 7000 4.0 I 0.4 0.7 1 Moderate to weak IP anomaly intermixed with nearby 1+75N .!, IP anomaly. Complex resistivity pattern. 50 6+50E 5.6 I 4.5 11 K I unifonn 0.5 10.3 0.3 3 Very weak IP increase without resistivity feature. 1+75N

100 9+00E 1115 11 K I unifonn 1.0/0.3 0.4 3 Moderate IP increase in high resistivity area. Complex 0+62N resistivity pattern. 150 10+00E 6.6 I 4.5 12K 1>17K 0.5 10.3 0.2 3 Very weak IP increase showing a weak resistivity drop 1+l2S in a high resistivity area. - 15+00E 21 15 1445 I> 7000 5.2 10.3 0.8 1 Strong IP anomaly located to the end of the property 4+50S 2e sep. .!, and not totally covered by the IP survey.

Page 48: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

Superior Lake

LOCA TION MAP

NTS: 42CI13 Manitouwadge Area

McGill Township, Ontario

GEOSIG Inc.

Page 49: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

CERTIFICATE of QUALIFICATIONS

I, Simon Tshimbalanga, 1064, rue du Domaine, Cap-Rouge, Quebec, hereby certify:

1. I am a graduate of Universite Laval at Ste-Foy (Quebec) with a degree in Geology (1977) and an Engineer degree in Geology (1979).

2. I have been employed as a Geologist on part time basis since 1977 and as an exploration Geologist and Engineer on full time basis since 1980.

3. I am presently employed as a project Geologist with GEOSIG Inc. of 3700 Chaudiere Blvd., Sainte-Foy, Quebec, since 1980.

4. I own no direct, indirect or expect to receive any contingent interests in the subject properties or shares or securities of North American Palladium Ltd.

5. I am a member ofl'Ordre Des Ingenieurs du Quebec (OIQ), the Association Professionnelle des Geologues et Geophysiciens du Quebec (APGGQ), and of the (AEMQ) Association de l'Exploration Miniere du Quebec.

6. I have disclosed in this report all relevant material which, to the best of my knowledge, might have a bearing on the viability of the project and the recommendations presented.

GeosigInc.

Dated at Quebec, Quebec, this 03th day of March, 2006

GEOSIG Inc.

Page 50: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

Appendix A

Claim Abstracts and Claim Map

CiEOSICi Inc.

Page 51: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

®Ontario Minisby of Northern Development and Mines I central site I feedback I search I site map I fran~ais I WHO WE ARE I MINES AND MINERALS I NORTHERN DEVELOPMENT I THE MNDM NETWORK I NEWS RELEASES

Location: Ministry Home> Mines and Mineral Division> Mining Lands> Mining Claims Information Wednesday, March 1 st, 2006

Active Mining Claim Abstract I Main Menu I Back I THUNDER BAY Mining Division Claim No: TB 3012936 Status: ACTIVE Oue Date: 2006-DEC-31 Recorded: 2003-Dec-31 'Vork Required: $ 3,200 Staked: Total Work: $ 3,200 Townshipl Area: MCGILL (M-0003) Total Reserve: $Jl Lot Description: Present Work

$0 Claim Units: 8 Assignment: Claim Bank: $0

Claim Holders Recorded Holder(s) Percentage HALVERSON, LLOYD JOSEPH (33.33 %) MEALEY, WILLIAM BRIAN (33.34 %) TERNOWESKY, JOHN EDWARD ( 33.33 %)

Transaction Listing Type Date Applied Description STAKER2003-Dec- RECORDED BY RICHARD, MARTIN JOSEPH (K23012) 31 STAKER 2003-Dec-

31

STAKER2003-Dec-31

STAKER2003-Dec-31

RICHARD, MARTIN JOSEPH (302673) RECORDS 33.34 % IN THE NAME OF MEALEY, WILLIAM BRIAN (169350) RICHARD, MARTIN JOSEPH (302673) RECORDS 33.33 % IN THE NAME OF HALVERSON, LLOYD JOSEPH (140913) RICHARD, MARTIN JOSEPH (302673) RECORDS 33.33 % IN THE NAME OF TERNOWESKY, JOHN EDWARD (200691)

Client Number 140913 169350 200691

Performed Number R0340.05249

R0340.05314

R0340.05315

R0340.05316

OTHER 2005-May-26

WORK PERFORMED (AEM, AMAG) APPROVED: 2005- $ 2,555 MAY-31 Q0540.00895 WORK 2005-Sep- $ 3,200 WORK APPLIED 08

Claim Reservations 01 400' surface rights reservation around all lakes and rivers 02 Sand and gravel reserved

W0540.01453

CiEOSICi Inc.

Page 52: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

®Ontario Ministryof Northern Development and Mines I central site I feedback I search I site map I fran~ais I WHO WE ARE I MINES AND MINERALS I NORTHERN DEVELOPMENT I THE MNDM NETWORK I NEWS RELEASES

Location: Ministry Home> Mines and Mineral Division> Mining Lands> Mining Claims Information Wednesday, March 1 st, 2006

Active Mining Claim Abstract I Main Menu I Back I THUNDER BAY Mining Division Claim No: TB 3012938 Status: ACTIVE nue Date: 2006-DEC-31 Recorded: 2003-Dec-31 Work Required: $ 6,400 Staked: Total Work: $ 6,400 Township/Area: MCGILL (M-0003) Total Reserve: $J2 Lot Description: Present Work

$0 Claim Units: 16 Assignment: Claim Bank: $0

Claim Holders Recorded Holder(s) Percentage HALVERSON, LLOYD JOSEPH (33.33 %) MEALEY, WILLIAM BRIAN (33.34 %) TERNOWESKY, JOHN EDWARD ( 33.33 %)

Transaction Listing Type Date Applied Description STAKER2003-Dec- RECORDED BY RICHARD, MARTIN JOSEPH (K23012) 31 STAKER2003-Dec-

31

STAKER 2003-Dec-31

STAKER2003-Dec-31

RICHARD, MARTIN JOSEPH (302673) RECORDS 33.34 % IN THE NAME OF MEALEY, WILLIAM BRIAN (169350) RICHARD, MARTIN JOSEPH (302673) RECORDS 33.33 % IN THE NAME OF HALVERSON, LLOYD JOSEPH (140913) RICHARD, MARTIN JOSEPH (302673) RECORDS 33.33 % IN THE NAME OF TERNOWESKY, JOHN EDWARD (200691)

Client Number 140913 169350 200691

Performed N urn ber R0340.05249

R0340.05314

R0340.05315

R0340.05316

OTHER 2005-May-26

WORK PERFORMED (AEM, AMAG) APPROVED: 2005- $ 5,097 MAY-31 Q0540.00895 WORK 2005-Sep- $ 6,400 WORK APPLIED 08

Claim Reservations 01 400' surface rights reservation around all lakes and rivers 02 S.md and gravel reserved

W0540.01453

GEOSIG Inc.

Page 53: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

®Ontario Ministryof Northern Development and Mines

I ce nt raf sit e I Fee dback I search I site map I Fr ano;ais I WHO WE ARE I MINES AND MINERALS I NORTHERN DEVELOPMENT I THE MNDM NETWORK I NEWS RELEASES

Location: Ministry Home> Mines and Mineral Division> Mining l.ands > Mining Claims Information

Wednesday, March 1 st, 2006

Active Mining Claim Abstract I Main Menu I Back I THUNDER BAY Mining Division Claim No: TB 4203385 Status: ACTIVE Due Date: 2007-MAR-03 Recorded: 2005-Mar-03 Work Required: $ 6,400 Staked: Total Work: $0 Townshipl Area: MCGILL (M-0003) Total Reserve: $ 2,854 Lot Description: Present Work

$0 Claim Units: 16 Assignment: Claim Bank: $0

Claim Holders R(~corded Holder(s) Percentage LAC DES ILES MINES LTD. (100.00 %)

Transaction Listing Type Date Applied Description STAKER2005-Mar- RECORDED BY BJORKMAN, JESSICA LEE (E34360)

03 STAKER2005-Mar-

03 BJORKMAN, JESSICA LEE (303924) RECORDS 100.00 % IN THE NAME OF BJORKMAN, KARL EVERETT (108755) BJORKMAN, KARL EVERETT (108755) TRANSFERS 100.00 % TO LAC DES ILES MINES LTD. (217699)

Client Number 217699

Performed Number R0540.00899

R0540.00900

T0540.00117 IRAN 2005-Apr-

19 OTHER 2005-May-

26 WORK PERFORMED (AEM, AMAG) APPROVED: 2005- $ 2,854 MAY-31

Q0540.00895

Claim Reservations 01 400' surface rights reservation around all lakes and rivers 02 Sand and gravel reserved 03 Peat reserved 04 Other reservations under the Mining Act may apply 05 Including land under water 06 Excluding road

Last modified: dimly 25102/2005

CiEOSICi Inc.

Page 54: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

r < f

" -f /

(

L r

r I

1 I

) ~ "22OOON

4203394

~

) /

j / '

I

UTM Zone 18

""'Om"""

I /

~of'

004000E

-¢J

4203385 4203385

I

Pickle Lake Grid . Survey 2006

3012938

.$'

,eo

800000E

4203376

4'

,f

~

Those wishing to elaka mining dalm. should con.,lt with ttHt Provindal Mining Recorden' OfIIce of the Minleby of Northern Development and Uin .. for addltlooaJ infonnation on the status ofthe larMIe ahown hereon. 11'111 map i. not Intended for na"Aglltional , alrvev. or land titte determinatiM PlH"pOSe6 as the information Ihown on tN" map Is complied from Y-aticos SOUt oes.. Complet$f'lfttll and 8<x:unK:y' are not ouanntH<l. Addltlonallnfonnetlon may also be obtained through the Ioc.aIland nues or R-oillry otRoe. or the Ministry or Natural R...."oe..

The infonnalion thewn Ia derived from dtgbl deta available In the ~nd. M«'IIng RItCOt'der$' 0fIce « ttlelime of downloading from the Mlnltlty of Northwn Dovefopment and Mmes web ••.

,f

t

, y

0 .f

of

General'ntoonatioll ltnd Umitations Contact Infonna&n: PrcNinciai Mining Rooord8f"S' OfIioo WiD. Gr .... Miller Centre 933 Ramsey l-.ke Ru.d Sudbury ON P3E 685

4203377

'00

3012937

;"

3012939

,-/ eoTOOOE

Toll F,... Map Datum: NA083

+

I" ~ '.: I .. -F

,L'

"'"

Tel : 1 (8M) 415-9845 eR: 57/r9:Jjedion: t.J'fM (6 degree) Fax:: 1 (877) 67\).1444 TQ9<I9faphic DaUI Sour~: land Infonnation Onterio

MInk'IQ l.-.d Tenure Soun:e: PrcMnd. MinlniJ Reccrd~ OfIoe Home Page; _.mndm .goy.on .caIMNOMtt.IINEs.t.ANDSoImI~.htm

'"''''''''

"22OOON

~ ~ . 1 : f

4~7

'31<1

"""'OON

, ,

'''OOOON

4203389

Tt\ls map may not ... OW unregl"ered land tenure and Int .... In land induding c:a1aln patents, leaSH, aaaemant&, right of ways, lI00ding rights. licenoes, Of oth. forms of dltpMitlon of rights end lntetMt from the Clown. Also ca1:aIn land t~e and lAnd UIWIIl that rostrict Of prohibit teo entry to stake mining daims may not be ifJu!tratad.

ONThQ.IO CANADA

Date I Tin"te of IssUtt : Moo Feb 2710:.42:40 EST 2006

TOWNSHIP I AREA MCGILL

Mining Land Tenure Map

PLAN G-604

ADMINISTRATIVE DISTRICTS I DIVISIONS

Mining Division

Land Titles/Registry Division

Ministry of Natural Resources District

TOPOGRAPHIC --T_

"""""""" ...... - -til """"-a iit' P1t & PIie

~

., .... ..-A .... -..

"-

"""" T~' ...... Goa_ t-.

+ T_

CLAIM

Thunder Bay

Unavailable

Unavailable

Land Tenure

[!] Sutfaoe And t.l!nong R9Jta

R ......" ...... "'"

~ --"'" c;] Sulfa. And M IrW1g RVtts

G Surt.ceRlstaOntv

o MlnngR.oghts Oriy

","","of"""""","

[ 1 _ ... -

1234567 I

1- ---- --

I 12345er :

LAND TENURE WITHDRAWAlS

-W. Wm

W'~ w'. w'm

~ W~!rom DrIpoUion

M...-og AlU'NiIIhhweI Tn­s..tIIceAnd""-'llRlW*~

s..tIIceRist*ony~

Mirw1QR'It*Q-Iy~

OttWInCouncilW~Typn s..t.:eAntMl'*'uA9* .............. sm-RisIt*OnIJ'IMldnJooon t.lNngRW*OnIy~

IMPORTANT NOTICES

-.

MAP

Page 55: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

Appendix B

Equipment Specifications

CiEOSICi Inc.

Page 56: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

ELREC 6 (fQE)

MULTI CHANNEL IP/RESISnVITV RECEiVER

Features

Suo( simultaneous dIpoles

ELREC-6 by IRIS (BRGM) Orlean, France

• Twenty programmable chargeabthty windows • High accuracy and sensitivity

General

ElREC 6 IS a SIX dipole TIme Domain Induced po/anzatlon/ResistlVlty Receiver deSigned for high productivity surveys In minerai and groundwater exploration

ELREC 6 has been deSigned for being both a user fnendly and lIery sensitive IP/Reslstlvlty receiver.

ELREC 6 IS avaIlable In two models: the first option Includes twenty programmable wIndows In Time Domain mode. the second provides both ten programmable windows In Time Domain mode as well as the Frequency Domain mode.

She dipoles

The SIX channels of the receiver permit to measure SIX dipoles simultaneously, which provides a high efficiency In the field .

Twenty programmable windows

Beside the classical preset loganthmlc and anthmetlc modes, ELREC 6 also offers up to twenty fully Independent programmable windows which the operator can define by himself according to the way he wants to sample the IP decay curve .

Autometlc meesuring process

A microprocessor fully controls the synchronization. the gam ranging, the staclC'lng. and the display of the results Including the apparent resistIVIty .

Monitoring displey

Dunng the acquIsition. the chargeabllitlBs of the SI)( dipoles can be displayed simultaneously on the LCD display for a global Visualization of the readings ; the standard deviations of these charge abilities can also be displayed simultaneously for a real time monltonng of the quality of the ongoing readings .

Specifications

• Input Channels: Six

• Signal Waveform: Time Domain (ON+, OFF, ON-, OFF) with pulse duration of 0.5, 1, 2, 4, 8 seconds

• IP Chargeability Windows: Up to twenty arithmetic, logarithmic, or fully program- mabie

• Apparent Resistivity Computation: Average chargeability and standard deviation.

• Input Impedance: 10 Mohm

• Input Overvoltage Protection : up to 1000 volts

• Input Voltage Range: Each dipole: 10V max sum of voltage of dipoles 2 to 6: l5V max

• Automatic SP Bucking : ± 10V with linear drift correction up to 1 mV!s

• Power Line Rejection: 50 to 60 Hz

• Sampling Rate: 10 ms

• Common Mode Rejection: 100 dB (for RS = D)

• Grounding Resistance : Measurement from 0 .1 to 467 Kohm

• Battery Test: Manual and automatic before each measurement

CiEOSICi Inc.

Page 57: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

Tx II 1800W I.P. Transmitter

by Instrumentation GDD, Quebec

SPECIFICATIONS • Protection against short circuits even at zero (0) ohms • Output voltage range: 150 V - 2 000 V • Power source: 120 V / 60 Hz - Optional: 220 V / 50 Hz • Operates from a light backpackable standard 120 V generator

This backpackable 1400 W induced polarization (I.P.) transmitter works from a standard 120 V source and is well adapted to rocky

environments where a high output voltage of up to 2 000 V is needed. Moreover, in highly conductive overburden, at 150 V, the highly efficient 1400 W transmitter is able to send a current of up to 10 amperes. By using this LP. transmitter, you obtain fast and high-quality LP. surveys in all possible field conditions.

Size: 21 x 34 x 39 cm Weight: approx. 20 kg Operating temperature: - 40°C to 65 °c

Electrical characteristics Used for time-domain LP. 2 sec. ON, 2 sec. OFF Output current range: 0.005 to 10 A

Displays:

Power source

Output voltage range: 150 to 2000 V

Output current LCD: read to 0.001 A Standard LCD heater for very cold weather Total protection against short circuits even at zero ohms Indicator lamps

- High voltage ON/OFF - Output overcurrent - Generator over or undervoltage - Overheating - Logic failure - Open loop protection

Any standard motor/generator 120V / 60 Hz

GEOSIG Inc.

Page 58: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

RES 100K1

I i I

1000"1

I i I

10-'

TOPOGRAPHY

RES ISTIVITY (DHM-M)

, 0-,

, -50..J

CHARG EABILITY (msec)

IN TERPRETATION

NORMAL IZE D CHARGEABILITY

NC=CH.9 .58/SQRT(Resis)

NC 50

- 50

n= 1

n=2

n= 3

n=4

n=5

n=6

n= 1

n= 2

n=3

n=4

n=5

n=6

!!<SOS 7+50 S 7>00 S 6+S05 &<00 5 5+?>S #S05 #00 S 3>00 5 2+50 S , "23 1054 1198 941 '74 '" '" 765 "" 1019 llH 1121 10M 2297 4071 ''"' '" 4050 2411 707 1102: lJ17 1660 2174

!!<SO 5 s.oo S 7+50 S 7>00 S 6+50 5 , &<00 S , 5+50 S ;.00 5 , #005 , 3+50 5 3>00 S 2+50 S #S05

1.2 1.5 1.1 1.2 .80 1.1 1.J 1.2 1.5 1.8 1.45 1,8 1.6 1.2 1.9 2.3 4.6 J.' J. B J.l U 2.4 ' .J 2.l

1.'1 _ u " 1. ... . 1,1 U 1.5 ,.6 I., \.8 ,.6 ~ 1.9 - 2.0] \ U ... 3.8 1.8 l.\ 2.7 2.4 tot.,) 2:3

. ~ 1.' 0, 12 U ).,~ 1.7 1.7 1.1/7.1-1.1 1.7 (2.J /' ' .1 F'\ 41 \z //:;--J", 1.8) ' ,J

.50

. .,

1) ('" 14 1.1 1., I.' 1.5 1.7 1.7 1.8;;/, ,., ,.,~, 2.0\ ~,. 7 " ""' 42 J.' J , ., J.J"",'"

z 'i, '1.4...J U ~1 4j 1.1 U U 2 2.1 2.2 2.1 2. .~ 2.5 J /1.9\ U 1.6,\ 4.4 4.1 l.8 3.9 3 .6 \ 2.2

2.

!!<SOS .40

2.1 \2" 1.9 J.S 1.8 1.1 1.11 /2--21 2. t 2.3 U /J~ :U5/U 2" U 2.6 " 4.1 U 4.1 4.1 1.4 \

2.1 2. U 1.5 1.8 1.6 2 U :z..., U 2. U 3.4 U~I':;: 1.7 2.& 2.5 U 4.5 l.!a J.8 l

s.oo S 7+50 S 7>00 S 6<SOS &<00 S , .20 .50 .5O .50 .40 .50 .to .SO ." ,40 .50

,50 .40 ." .so ... .so

... . 5O ,50 . " ... .40 ,40 .10 . ., .2!) .50 .ro .5O .40 .10 .40 .40 .40 ...

.2!) .2!) . ., .]1 .40 .10 .5O .SO , 50

. J) .5O .5O .2J) • SO ,., .JO

5+50 S

.40

.40 .SO

... ... .10 .JO

.5O ,50

.]1 . .,

;.00 5 #SOS #00 S 3+50 S 3>00 5 2+50 S , , .1O .5O .40 .50 .70 1. 1 .701 .00 .30 .40

... - .,..,-_ ... -....,,-~.'''' .70 _.''''-'''''-''''''~,-'''·-·n .. '. - . /

,50 .SO .., .5O .5O ."

.5O ... .40 .5O

,)0 . ., .10

.J!) .MI· _ · .50 _ ..... JD .70 :~

.J:! .40

• ..0 • .lI .Xl

.JO ... " .70 .70 \' \

,31) " .Il I .60 , '-.40 .m .30' .30".70 ,

, ." . ~ .30

(" . 4G , .eo I ,40

.SO

.SO

2>00 5 ,,,.

""

2>00 S , 2.1 U

2@S , . ., .so

... . 50

.40

.SO

.SO .,. .JO

. ,. ... ]I-...,.-~,.-~,]I .. ]I JD - - ,SO .50_-.,,..._ ,,.

1+50 S

'"

1+50 S , 5.4 4.1

HSO S .40 .40

... .~ , ..... -: ,50

" .50 .C

,30 _41

.>1 .40

1>00 5

1>00 S

J . '

1>00 S , ,so .so

.so ... ... ...

.40 .40 .40

. ]1 ... .40 _ -"'--_ :JO

i ,

O+S05 1>00 N 1+50 N , ". 95" 19K 6972 9090 8356 8724 4188 3417 559~ 12M

O+SOS 0+00 O+SON 1>00 N 1-+50 N 2>00 N , , l 4.5 4.!I 5.5 4. 1 5.1 4.5 U H 3.4

.to

. ..

...

.40

4.5 ) 8 5.5 \ 4.1 S.I ,\4.5

409\ 5.5 5.1 ~J 5.3 \ 4.1

3.1 51 _____ 4:9) 5 4 51 _ 4,9

1.9 4.1 ( U U (4 U

• . 1 1.5 U~4.6 36 ;),8

J.' J.' '.' J.1 .. , ' .1

J.8 J . l

J.' J.J ' .1 J .1

J .' 3.1 U 4.4 2.Q' J .2 l ,3

O+SOS 0+00 l+OON 1+5ON , .to

,W

.so

.'1' . 10

...

...

.40

...

. JO

,40 ,

,

." ... ...

... ... .40

... ........ ..:.. __ ,AO

.to .50

.40

.40

.)0

.to .50 .so .so .50 .40

.~ .40 I. __ ....

.so· .eo ,50

.40 \.60 ,I(] /50 ,50

.+0 \.70 ,50 .W

.40 . .. , , , 4(1 .40 ..... ".ID .¥'

-~

,40 ,40"" .so " ...

.)0

... --"... ."

'.1

.40

. /.........-:-:--.-....:..... / --.-~

NC 50

/ '------' ---- -- --- --~-- - -- 0

i , ,

2+50 N #00 N 4+50 N ;.00 N

"" 1967 1130 lJ92 6816 1"' 9807 s:m .,,, 2195 19'" HID 1939

2+~ N 3>OON 3<SON #OON 4+50 N 5>SON '.7 J.J 2.1 3.8 J.' Z.2 1.6 ,.,

-'0 J.' "Z'-...: , .• :\J.8 J.' J ,' J~ ':\'" 7,'~ 2.'

3.8 3.1. 3.7 3.2 " 2.3 \. 5 5 3.4 3. 2 3.5 2.1 \ I .£' / ... 3.6 3.4 J.9 3.2" U -......~ ~ 3.6 3.8 \ 1.\ ~ I .

U 4.1 3.6 H 1.3 '\ 2.4 2.8 2.9,--3 3.9 /) '\ 1.(

' .2

1

:.,

...

' . 1

3.7 4.2 1.6 4.1 3.2 U 3.1 3'Y., 2.8 2.4

3.8 U U U ) 2.1 2.2 1'-' \. 3.2 2.5 2.

.50

__ .:10

.50 .!D'

."

.40

.40 • ,<40

.70 ." .70 ,50

.so ...... , .50 ,40

.4>

... ... .,

3<SO N #00 N 4+50 N

.50 .40 .ro .1O .to .40 ,., .5O

,., .,,-~"r--.SO' , .60 ' , .40 .!JO .SO

I - .!i).... .40 .40 . .,

1 ' .40 , .1\0 " .40 , , .]1

.40 ... - .50 ... .]1 • "

5>SON .ro

- 50

n=1

n=2

n::3

n=4 n::5

n=6

n-l

n=2

n=4

n=5

n=1

n=2

n-3

n=4

n=5

n=6

cO

RES r 'OOK

I ~ I ~ 1000

, ~-50

I ~ I Ll0

TOPOGRAPHY

RESISTIV ITY (DHM-M)

CHARGEABILITY (msec)

INTERPRETAT ION

NORMALIZED CHARGEABILITY

NC=CH.9. 58/SQRT(Resis)

Line 0+00 Pole-D ipole Array

a

, , , ,

no a

, // a = 25 M , ' .... / n = 1,2,3, 4 .5,6

plot po int

Fro'i1es N='

Logarithmic 1 Contours 1.5,2,3.5,7.5, 10,.

Instrumerts Rx Tx

Generala c :

: ELREC-6 # 108 GOJ TX-18CDIV # HO~DA 2000 IV

I~IS

2 17

Fie d Work by:Geo r ges Ti liki, MBA

-= =

NTER:JRETATION

Strong & sure IP anomaly( 0.9 > P > a 7 ) often with resistivity decceose .

Probab,e IP onomqly ( D. 7 > P. > 0.4 ) Moderate, often v. thout res stlVlty decrease.

Possib e ,p onomo y ( 0. 4 > 0 > 0.2 ) Poorly defined , no resistivity feoture

Weak IP Increase ( P < 0.2 ) close to rcise leve - or in high resislivity

SCALE 1 :2500

Line 0+00

North American Palladium Ltd. Metals Exploration Division

Pickle

INDUCED POLARIZATION Tyko Property. Ontario Lake grid. Monitouwadge area

Date: 06/02/08 ~-S.: 42C/13 Interpreted by: Simon Tsn·mbolongo. eng .

GEOSIG INC

Page 59: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

RES lOOK,

I

~ I

1000~ I

A..! I

I ,

I I

I

~ I

lOJ I

-50..!

TOPOGRAPHY

RES ISTIVITY (OHM- M)

CHAR GEAB I LITY (msec)

INTE RPR ETAT IO N

n= 1

n=2 n=3

n=4 n=5

n=6

n=1 n=2

n=3

n=4

n=5 n=6

NORMALIZED CHAR GEAB I LITY

NC=CH*9.58/SQRT(Resis) n=1

n=2

n=3 n=4

n=5

n=6

NC 50

~-1- --- -------'-----. 0_ · - .-".. - .-- - .. - --"'- -

4+00 S I

3+00 S I

3+50 5

2YJ7 4163 3313 2905 2513 2668 2136 1016

4+50 5 4+00 5 3+50 S , 3+00 S , 2.5 2.8 2.6 2.1 2.5 3.2 3 .3 2.7

4+50 S , 4+005 , 3+00 S , 3+50 S

.40 .40 .40 .YJ .40 . 50 .GO .GO

~----- ~~-- ~---- :..----= ----::: - - - ---- .. - -- - - - - - - - - - - -.:-. --- - - •.

1418

2+50 S I

2907

2+50 5

~ . 2 2.4

I ""'

2+50 S

.110 .40

2+00 S 1+50 S I

2113 1499 2979 2733

2+00 5 , 1.5 1.9

2+00 S I

.30 .40

1+505

2.7 3.5

1+50 S I

.40 .6<1

1+00 S

1109 2632

1+00 5

4.4 3.8

1+00 S I

.GO .70

--

0+5OS 0+00 0+50 N I , I

2570 1379 1118 1146 1992 905

0+505

3.7 2.6

0+505 , .GO .GO

0+00 0+50 N , 2.4 2.5 2.6 2.5

'>~ 3f >~ J'.4 . '3.2 ;- 4.8 l 'le .. \ 1,", 3.5 . ~'i J :5' ,,'

0+00 0+50 N , , .60 .70 .50 .70

It{)() N , 741 1184

1+(00 N II

2.7 2.1

1+(00 N II

.90 .110

3.3

911

1+50 N , 861

1+50 N

2.7 2.5

1+50 N

.80 .80

, . ,

-~---------------// ~~~

__ d-::::'-:: - - - - -' - - .- - - - - -- - - - - - - -'.- - - - - - - - ' - - _. - .- - - - - - - ___ -:-- -:: '"

2+00 N 2+50 N , 11 70 2090 58 11 13K

2+00 N , 2.3 3.7

2+00 N , .GO .70

2+50 N , 4,5 4.1

2+50 N I

.50 .YJ

3+00 N , 12K 11K

3+00 N , 4.4 4.6

3+00 N I

.YJ .40

3+50 N , 11K 13K

3+50 N

4.4 4.8

3+50 N I

.40 .40

4+00 N 4+50 N , , 8978 9240 8950 G440

4+ooN , 4.9 5.3

4+00 N I

.40 .50

4+50 N , 5.2 4.5

4+50 N

.50 .50

2918 1G02

5+00 N , 2.1 1. 7

5+00 N , .30 . 40

~5O N , 610 399

~5O N , .40 .20

~5ON , .10

256

NC 50

a

n= 1

n=2 n=3

n=4

n=5 n=6

n= 1

n=2 n=3

n=4 n=5 n=6

_0

I

[.-50

RES r 100K

I

~ I ~ 1000

I

~ I LlO

TOPOGRAP HY

RES I STIVI TY (OHM- M)

C HAR GEAB I L ITY (msec)

INT ERP RETAT ION

NORMALIZED CHARGEAB I LITY

n=1 NC=CH*9 . 58/SORT(Resis)

n=2

n=3 n=4

n=5

n=6

Line 1 +00 E Pole - Dipo le Array

o no o

, / , / , / , / , /

" ", / a = 25 M

... ' n = 1 ,2,3, 4,5, 6 plot point

Profles N=l

Logarithmic 1 1 5 2 J 5 7 5 Contou rs . , , , , . , 10 , ..

Instruients Rx T x :

ELRE2-6 # 108 IRIS GOD TX -1 8JOW # 2'7 HONeA 2000 W Generotor:

F iel d Work by :Georges -i iki , MBA

- INTERPRETATION

Strocg & sure IP c no~8Iv( 0 .9 > P > 0.7 ) cften with resistivity oecrease

Probable IP onc'"11o ly ( Q 7> P > 0.4 ) ~Ioderate, often witho ut resistivity decrease.

Possible IP ano'"11o ly ( 0.4 > P > 0.2 ) Poorly oefined, no resistivity featu re

Weak IP inc'ecse close to noise level

( P<O.2 ) - or 'n hiSh resistiv"ty

SCALE 1 :2500

Line 1 +00 E

North American Palladium Ltd . Metals Exploration Division

Pickle

INDUCED POLA.RIZATION Tyko Property, Ontario Lake grid, Manitouwadge area

Date C6/02/0S \j-S 4.2C/13 In;erpreted by: Sirron Tshimbclanga, eng.

GEOSIG .I NC

Page 60: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

RES 100K_

I J I

1000J

I J I

O~

, lOJ -50~

TOPOGRAPHY

RES IS TIVI TY (OHM-M)

C HARGEABI LITY (msee)

INTERPRETATION

NORMALI ZED CHARGEABILITY

NC=CH.9.58/SQRT(Resis)

NC 50

----, / - ,---------------------------------- --.- '""-- '--..-- .. ~ -:--:- --:- -..... .

,

---- / '---o ~. __ ~~/'~~-~-~==--------:::~~----. ------~~~~~,,--~--~~/'~-~=-~~-~. =-~-~~~_~-_--~-~~----~-~_-,-----/~-~~~~~~--~~~~/-.~~~~~.-.~-=-~-~-~---"-------------- -.---------------"-------------------------------------------- ----"-.----------"------------------------------------------~-~-~-~. -~-____ ~~.~.-~-~-~-~~~~~~~-~-~-~ ____ ~_'~~_---_~

~ ~/

-50

n=1

n=2

n=3

n=4

n:5

n=6

n= 1

n=2

n=3

n::::4

n=5

n=6

n= 1

n=2

n=3

n-4

n=5

n=6

.--

IliOO S 7+:iJ S 7+00 S &+:iJ S IliOO S 5+:iJ S 5+00 S

100 124 582 727 6JJ 51J 511 1116 lJ72 221 6" '"

I!+OO S 7+:iJ S 7.ooS , &+:iJ S &+00 S 5+:iJS &+00 S

2.3 :U 2. 1 1.1 1.1 1.1 1.3 1. 4 1.11 La 1.9 1.7

4+~S 4.00 S :l+5O S

'" 546 1017 '" 13<

4+:iJS 4iOO S »:iJS , 1.7 1.5 1.9 1.2 1.1 1.2

3iOO S 1+:iJ S

'" .. , 1209 ""

~JO\l

J'" ~ <6" , "".

3iOO S 1+:iJ ' S , 1.3 1.8 2.9 2.11

1.00 S 1 +~S 1+00 S , ''''' \'" 2474 '" 24'

2.00 S 1+:iJ S 1<00 S , 2.2 2.4 1.7 1.5 4.5 5.4

0<:1) S

J1K "" '" HI(

"" 'el ,,;.;: .... 0.._ ,91(

5.4 4.2 u u

O+:iJN

19K 15K

'''' 15'

1.00 N It!:() N 1.00 N , ". 191( "" '" 11K 10K

2<:iJN , 2~K

,

16K 21K

11K 191( 2SI( 18K !1t: 11K 2Qi{ 24K) 1 W: 20k "\

~25K ~""K ", . ~" J a.... ........ ur> I 16K HI< 191< -- 2\11< / 14K '" n __ ~

1~ ............ 2JK 201< Ie;: 18K 1!!C lSC - 1:.K 14K 191<

18K . 17K .............. 2'J 19K ~ 2a( '(.:.,. 1~ ~1~ t8K

171< '" '9K / "" i '8K _~ 1~,\ "" ~ :"'-.... ,11<"'_ 201( 21K 211< 19K I 15k 17K . III<

0<:1) N 1.00 N 1+50 N 1.00 N , 2+50 N , 3iOO N , 5.4 5.9 5.7 5.9 :u 5.9 5.5 5.1 5.7 6.2 5.15 5.5

4+50 N 5+:iJN

10( an, 11K la' 12K '65 JJ2

10( ,,,. 11K 10( ('" 12' r:; lMJ Jm //'"

'tz 1311 13. 10(. ~ In. ~ 15" ~ '" 1S< _ 151l_ I!I;~\' (11< ~ r: / "" / ,";;/--;;;

'. ' -:--: ~ //) I ( -- \ ' 19K 'Ii( r2.i<' '~r/ J988 "" '' '7 "02 ~/ / // I "-

,91( / 2!l( ~~, '")~ "'t 16J6 205> ---. ,~ 10K /J9K ..... '" I~ .G:..:~z~ 2962 20Ji1 2J09

4iOO N 4-<50 N 5+00 N ;':iJ N

5.' 5.5 4.2 4.6 4.6 Ui 1.5 -.40

2. ,.--t., ... 1.8 / '~"::--:---~ ~~ 1 8,,\ ',' ~-!Z. '~ ;/;:- .·u 5.' 5.' \ 4.' , 4.' 4.8 . ) 5,4 5.9 5.7 5.9 s.z U !).S 5.1 5.7 6.2 S.S 5.5 5.4

49 " 58 5~ 5.7 5.2 5.1 5.2 5. 1 5.3 53 55 5.3 S l r S"""""- 4.7

5.5 ) 4.2 4.6 4.6 ~.6! e;; ~1.5) ~ "-::;" /y~ )"

2.4 ~ I ' ·.2 1.4~1.Ii 1.9 1.1! ,2.1 2.5 2.2 2.3 2.2 2.4 1.' ............. 1.& ~ 1.8",29 :" J. 4 44 J.l"", 2, 1 \.. ~_._ 5" 5.5 5, 4.8 4.9

""" 1. 6 1.5 ~ /1.& U 1.1 1.8 \ .9 2.5 2.9 2.~ 2.. 2.6 2.a 2.2 -2 2.1 2.1 1.7 \ U J .9 H J 4 '\ 2.2 U " 5~ ~ 5 ".1 \ 4.8 U

U ,,- 1.' 1.7 '-' 1.1 I.' 1.1 ;;/2., ,, (?1~ " 2.7 1'''-.... 2.2 ,., IZ / ' \\ J.' 5.' ",,,,,,.2 2.4" •. ,~., .. \ '.6 2.2 1.8 1.8 1.7 1.11 1.8 2 2.J 2.5 28 \ J 2 2 9 2' ~ l.2') 2.1 2.J 2.1 2 2.2 ~ J .B J. B J .• \ 2.2 2 \, •. 5 ... ~ ) 4.9

6 2..l 1.8 U 1.1 l.a \..2~1 2. 2.5 2.8 ' J .J " 29 J J . l J 2.2 2..1 3.5 J.8 J .5 J .J 2_ U'.u 5 U

.. 2.J

2.

2. 2.'

IliOO S 7t:iJ S 7+00 S , &+50 S IliOO S 5t5O S 5+00 S 4+50S , 4iOO S »:iJS ,.00 S 2+501 S 2.00 S 1+:ilS l+OOS 0<:1) S 0.00

.30 .40 .40 .50 .40 .30 .30 1.1 .50 .50 .&0 . ~ .50 .50 .30 .40 . ., .40 .50 .10 .SO .50 .30 .lD .20 .30 .30 .20 .40 .30

'8~.4 \ + g" .,., .5.l 5. 1 5.2 5.3 5--"~ 5.5 4 9 4.6

41 U "'- 5J " 49 __ 52 5~5/ 4B 4 11 4'7---..,/ 47 4.7

4.' \ .2 X \ 4,5 \: ~... ... • .• • .• ' .7 ... ... \ .8

4.4 4.5 4.5 5.1 4.5 5.1 5 4.6 4,8 4.8 ..., 4.4 4.4 4.8 4.7

1.00 N 1+:iJ N , .30 .40 .40 .40 .30 .40

1.00 N

.30 .30

2+50 N , .JO

3iOO N , .40 .JO

.40 .40 .50 .40'-_""_"'.30' I .J .1 ,80 .50 .60 . , .!iIl. t

.fiO _ ... :",,70 ~ .... ~tIJ ... 8)' _" ~ .2O--'~-~cIP--"--.l!J ~"I-- -)\

.,,--". --clO'--.·'30 .40 ,., .JJl .JJl .30 .40 .// 1"'· -- .....

. 30," I .to.r •. 40 .50 / I " I

. lO r :..PiJ" ",,, .40

)/ .10 .(,,'.30 .30

(/~ JO . .lI

'JO M .~

.~ ,.3O . " .tIIl \ ,if) I, \ ,20 ......... "" I J

.«l .3D .50, ..... ~'MJ"'.... ,~

, 71) \ .40 '.so ' .40 ... .30 ... .30 ... .40 , .50 .!"

\

. , ...:;: .... 150 ",,40

" .co'" .t).

.lD .J> ... .20 .J> .JJl .30

.50 . - .sq .80 " I , I, .50 ."l

AO~.!Sit &3

... .'9 .50 .

. 01

.30 ........ 1 .".. ) .30 -- / .30 - - .30 .30

.20 .J>

,20 .20

.J)

. ", I

.'<0

.J) .lI).

.30

.J) .J) .30

111 __ 1' .... _ 30

.30

,30 ... .30

.J> . .. .40

30 .

.J> .JO .30 ,lD .lD .40 .30 .30 . JJl

. JJl .J> .30 .JJl .JJl

,30 .J> .J) .JJl

..

'~ ' .J (v /;2 '-' ~/8 U +.15 U/P3 1.7 1.5 .

.50

.J>

4.4 4.7 1/.9 1,8 ~2

4.5 U 2,3 I.B 2 2.a

4iOO N ,

... ...

.JO

.30

.JJl

4+50 N

.40

.30 .30

...

.40

.30

5>00 N ;'50 N

.10 .20' .50 .. JO

. 1>'- ""''-''''. ~o--""'" I "

.30 .<~ .... ) .4fI '.i" , _/ .20 .40, 30

,20 .J)

NC 50

o

-50

n=1

n=2

n=3

n=4

n=5

n=6

f1=1

n=2

n=3

n=4

n=5

n- 6

n= 1

n=2

n:3

n=4

n=5

n=6

~O

RES _l OOK

I l I L 1000

I l

_-50

I LlO

TOPOGRAPHY

RESISTIVITY (OHM-M)

CHARGEABILITY (msec)

INTERPRETAT ION

NO RMA LI ZED CHARGEA B ILITY

NC=CH09.58/SORT(Resis)

Line 2+00 E Po le-D ipo le Arroy

o no

, ' , ' , /

, ' , ' . ' plot point

, ,

o

o = 25 M

n = 1 ,2.3,4.5 ,6

Prof'les \J= 1

Logarithmic I Contours 1.5 ,2,3.5 ,7. 5, 10,.

nstrume~ts Rx Tx

Genera~or:

: E_REC - 6 # 108 GDD -X-180DW # HONDA 2000 W

IR S 217

F'eld Work by:Georges Til·ki. MBA

-= =

INTERPRETATIO\J

Strong & sure '0 oncrray( 0.9> P> 0 .7 ) otter with resistiv:IY decrease

Probob le I" 9nomq'v ( 0.7 > ? > O. t ) Modercte, c·ten w,thout resist v ty ceerease.

Possible IF ono'Tloly ( O. '- > P > 0.2 ) Poor ly de':ned, no res:shity feoture

Weok P . ncrease ( P < 0.2 ) close to noise level - or 'n hign resdivity

SCALE 1 :2500

Line 2+00 E

North American Palladium Ltd. Metals Exploration Division

Pickle

INDUCED POLARIZATION Tyko Property, Ontario Loke grid, Manitouwadge oreo

Dote: C6/02/C8 NTS . : 42C/' 3 ,nte'pre;e.::: by: Simo- Tsr;roolcn;o, erg .

GEOS I G INC

Page 61: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

RES 100Kl

IP 50.,

I i I

1O00l

, 1

, 0 ' ., ,

1

, I

i I

10-, -50-'

TOPOGRAPHY

RESISTIVITY (OHM- M)

CHARGEAB I LITY (msec)

INTER P RETATION

NORMA L IZED CHARGEABILITY

NC=CH.9 .58/ SQRT(Resis )

n= l

n=2

n=3

n=4

n=5

n=6

n=l

n=2

n=3

n=4

n=5

n=6

n=1

n=2

n=3

n=4

n=5

n=6

NC 50

4+50 S , 1086 1519

4iOO S , 1619 3975

2Ql6. '-, , 1529 ,2629, ----..- . I'

3191 '. 2lOO ,,' 3454 '

"~~2667\ ' ~ , ~- ") 4052 1m

4+50 S I

1.9 1, 6

4+50 S , .30 .30

'\

4tOO S I

2.1 2.g

4tOO S I

.lD .40

3t5O S Jt{)() S I

3915 4398 1007 1541

3+50 S Jt{)() 5 I

3.6 2.9 2.9 2.7

3t5O S Jt{)() S I I

.50 .40 .60 .50

2+50 S I

1670 2116

2+50 5 I

3.6 3.7

3.7

2+50 5 , .60 .70

1420 5013

2+00 S I

3.3 l.7

, , f ' ~ 1.4_1 ·'.

2+00 S I

.60 .50

1+50 S , 6715 9714

1+50 S I

4.1 ...

1+50 S I

.40 .30

" "

~----

// -------.---.----~-. -~-.--------

5934 7126 12K 12K 18K 11K

1+00 5 0+505 0+00 I I I

3.2 3.5 5,9 5.9 5.3 5.6

1+00 S 0+50 S 0+00 I I I

.30 .30 .30 .30 .30 .50

0+50 N I

15K 13K

0+50 N I

5.7 5.8

0+50 N I

.40 .40

1+00 N I

17K 14K

1+00 N I

5.8 5.4

1+00 N I

.40 .40

1+50 N I

13K 11K

1+50 N I

5.1 •

1+50 N I

.40 .30

i 5.1

2+00 N I

15K 14K

2+00 N I

2tOO N I

.30 .40

2+50 N I

13K 13K

2+50 N I

4.8 4.4

2+50 N I

.40 .30

11K 11K

Jt{)() N I

4.6 4.6

Jt{)() N I

.40 .40

3+50 N , 4+,00 N

6636 9086 17K 17K

3+50 N 4+00N I I

4.2 4.5 5.2 5.2

3+50 N 4tOO N I I

.40 .40 .30 .30

4+50 N I

11K 12K

4+50 N I

4. 1 3.7

4t5O N

.lO .30

5+00 N , 10K 4456

,', .. -" 2275

5+00 N I

4.2

5+00 N

.30 .40

1686 :l4Il

5+50 N I

1.4 - .40

5+50 N

.30 '.30

143

NC 50

n= 1

n=2

n=3

n=4

n=5

n=6

n=l

n=2

n=3

n=4

n=5

n=6

n=1

n=2

n=3

n=4

n=5

n=6

, ,

~O

I

RES ["" l OOK

I

r I

rl OOO

~-50

I r I LI O

TOPOGR APH Y

RES ISTI VITY (OHM- M)

CHARGEABILITY (msec)

I NTERP RETATIO N

NORMA LI ZED CHARGEABILITY

NC=CH.9.58/ SQRT(Resis)

Line 3+00 E Po le-Dipole Array

o no

, , , / , / , / , / , / ,,/ plot point

o

/ /

o = 25 M n = 1 , 2 ,3,4,5,6

Profiles Ncol

Logarithmic 1 1 5 2 3 5 7 5 10 Contours ,.," , . , , ..

11struments Rx Tx:

: ELREC-6 # '08 IRIS GOD T X - 1 800 W 'I 2 1 7 If

Genera t or: H8NDA 2800 W

Fie l d Work by: Geor ';:Jes Tili"i, ~BA

- INTER PRETATION

Strong & sure IP ononraly( 0].9 > P > 8.7 ) often with res is tivity aecrease

Pr:Jbob le IP anomaly ( 0. 7 > P > 0.4 ) Moderate, often without resistivity decrease.

Poss ible I" anoma ly ( :::.4 > " > 0 2 ) Pearly defned, no res 's tivity feature

Weak IP increcse ( P < C. 2 ) close te noise leve l - or ir high re sistivity

SCALE 1 :.2500

Line 3+00 E

North American Palladium Ltd. Metals Exploration Division

Pickle

INDUCED POLARIZATION Tyko Property. Ontario Lake grid. Monitouwadge area

Date D6/02/08 NTS . 42C/13 Interpreted by: Simor, -shimba,anga, eng.

GEOSIG INC

Page 62: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

RES 100Kl

I i I

1000l

I i I

IO~

TOPOGRAPHY

RES ISTIVITY (OHM- M)

IP 50_

, J , , ,

O~

, -50 ...J

NC 50

, /".

a <~ "',')

-50

I!+OO S

"55 "19

,

'" 7+:0 S

'413

..---:.

7100 S , 10B9 ""

"09

,

6100 S 5+5D 5

1165 "" IJOO 1164

n=1

n=2

n=3

n=4-

n=5

n=6

"" , ~ /11 ,,l5 ___ ;;;:~_'f::...:::;;:::c,""_i::::::,.::.;::~...:::::,,:::...:::::..:::..:.::::-::_,:::. 511\r~" ""

,'" (

CHARGEABILITY (msec)

INTERPR ETATION

NORMALIZE D CHARGEABI LI TY

n=1

n;2

n=3

n=4-

n=5

n=6

NC=CH.9.58/SQRT(Resis) n=1

n=2

n=3

n=4

n=5

n=6

I!+OO 5

1.9 2.5

I!+OO 5

.40 .30

"99 \ lOO'

7+50 S

2.4 1.7

7+~ S , .70 .40

7100 5 5+;;(1 S

1.2 1.1 1.4 1. 1

7tOO 5 5+;;(15 , .)) ,20 .30 .J:)

5+00 S

1.. U

5+00 5

.30 .30

5+505 1.Z 1.2

5+:xl 5 , .30 .31)

,90

5+fXlS 1172

5+00 S ,

5+00 5

.21) .20

-------...- ' ............ ,- ,------------- . --~ / -- --------, --

I ----~ "-~--- ~~-~ ----_J ,------ -------_---c

4+;;(15 3t;;(lS 3tOO 5 2+:xl S 1874 21 11 "" 847' '" 11k 15' ".

4t:xl 5 4tOO 5 3t:xlS 3tOO 5 2+50 $ , , , 1.2 1.4 2.3 J.5 5.2 4.9 ' .5 J.7 :;5.7

3.7

.. l, ,> J.8 3.4

405:8 ' 4.2 ~.1 4 '

'. 4.J u , . 44.2 .,.

_5 3t:xl 5 , 2t:xl S 3tOO 5 , 4-+fXlS .20 .20 . .30 .30 .J!) .30 20 .2tl .30 .30

2+00 S

"', &310

2100 5

3,J

2100 5 , .J() . .30

It :xl S

,,<1 3ill

3. 2 1.1

1+5:) S , .lD .11)

31'

,tOO 5

31'

,tOO 5 , 4.4 2.8

1+00 5

.20 . 10

()+;;(IS

54K

()+:xlS , 4.S 5.2

()+;;(IS , .20 .20

0100 ()+:xlN ,100 N

15K 16K '" '" '3K

0+00 ()+:xlN ,tOO N

5.4 5.2 4.7 4.f. 4.8 U

0+00 ()+;;(IN ,tOO N , .20 .30 .20 .JO . .30 .30

,

I+:xl N 2100 N

"" 13K 12K Z5K

1+50 N 2100 N , 4,4 4.8 5.1 5

,t;;() N 2tOO N , .20 . .30 .30 .J()

2+:xl N

." 11K

2-+:0 N , 5.2 -4.8

2+50 N , .20 .40

:

3+00 N 3t:xl N 4100 N 4t5O N

7180 '4K 14K ' 0< '5K 10K '4K

:HXl N 3t:xl N 4+:xlN U 4.5 5.7 J.9 J.5 J.7 J.7 3.2

liOO N 3t:xl N 4tOO N 4t;;(lN

.50 .lJ . .30 .20 .20 .40 .30 .20

5+00 N

6900 931. 19" '" 120

5+00 N !5+50 N , 2.S J.8 . 70 .30 - .10

5+00 N ~5+50 N

.30 .30 .10 . 10 - .10

NC 50

o

-50

n:2

n=3

n=4-

n=5

n=6

n=1

n::::2

n:3

n=4

n=5

n=6

cO

RES , lOOK

I ~ I r 1000

I r I

_-50 L l 0

TOPOGRA P HY

RES ISTIV ITY (OHM-M)

CHARGEAB ILITY (msec)

INTERP~ETAT I ON

NO RMA LIZED CHARGEABI LI TY

n=' NC=CH.9 , 58/SORT(Res:s)

n-2

n=3

n=4-

n=5

n=6

Line 4+00 E Pole-Dipcle Array

o no o

/ , / , / , / , / , / , / ./ plot point

o = 25 M

n = 1,2,3,4,5,6

Pro'i les N~1

Logarithmic 1 1 5 2 3 5 7 5 10 Contours ' , , , , " , .

Ins:rume nls Rx : EL REC -6 # 108 IR S x GOOn-1800W#217

Gene'o:or H:J~Df\, 20CO W

F'e l d Wo r k by:Geor;es Ti li k i, IvIBA

-= =

NTERPRETJlJION

Strcra & swe IP onom'Jly( C. 9 > P > 0.7 ; ooCten ~wi~r res's fvity decrease

ProJob e IP alomolv ': 0.7 > P > 0,4 ) ~ ode'o: e, often willeut resisti'ofi ty decre ase ,

Poss ible IP cnOTO Y ( 0,4 > P > 0,2 " Poorly defiled, no re'sistivity feature '

Week IP ncreose ( P < 0,2 ) C ose lo nOise leve l - 0' 'n C'g1 resislivity

SCALE 1 :2500

Line 4+00 E

North American Palladium Ltd. Metals Exploration Division

Pickle

INDUCED POLARIZATION Tyko Property. Ontario Lake grid. Manitouwadge

Dole: 06/02/17 NTS.: L2C/,3

area

Inte'preled by: Simon Tshimbalol<;']' en".

GEOSIG INC

Page 63: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

RES 100K_

I

J I

1000J

I J I

lOJ

TOPOGRAPHY

RESIST IVITY (OHM-M)

IP 50...,

1 I I

O~

I 1

I

-50~

CHAR G EAB I LITY (msec)

INT ERPRETATIO N

n=1

n=2

n=3

n=4

n=5

n=6

n= 1

n=2

n=3

n=4

n:;:5

n=6

NO RMA LI ZED CHAR GE AB I LITY

NC=CH.9.58/ SQRT(Resis) n=1

n=2

n=3

n=4

n=5

n=6

NC 50

---,~------ . -----------~--- . . , ---- ---- -------------~ --,.......... ~":"""':"':"-;'-' -'..:..... .. , . , , , . / ' . . . . .. . ~-~- . ~ --.-.- --:...- : ~--- _/: -------------. - , o ~:::- - --- ----- ~ --------- --~-------~------ ~--- - ---~- --- ---~-------~------ -~- ------~---------------~- ~ ------~-- -

4+50 S 4+00 S

1650\ 4452 9615

4+50 S 4+00 5 I

1.6 2.2 2.7 4.1

4+50 S +tjXlS I

.30 .40 ,30 .40

3+50 S , 7412 15K

3+50 S I

3.8 5.3

3tfOS 191< 16K

3+00 S I

5.6 5.9

15K

2+50 S , 7129

2+50 S I

4.6 3.4

2-+fX> S 8237 4101

2+00 S I

4.2 2.7

3502

1+50 S I

19K

1+50 S I

3.2 4.9

1+00 S

15K

1+00 S I

4.9 4.5

0+50 S

19K

0+:;) S I

4.5 5.1

0+00 I

21K

4.1 5.9

O+50N , 26K 10K

0+:;) N I

5.7 5.1

1+50 N 2+00 N I I

12K 15K 16K 21K

1·+00 N 1+50 N 2+00 N I I

4.5 5.1 5.4 5.1 5.3 4.6

5.3 5.6 ' 5.9 U "c H 4.2 2'.Z; , 5( .,.\ 0+.9, 1 .5~ ... :".5. .5 ."~' 4;1 "K 5.7 q5., '--'-'-\.5 .5-,\ 5.4 5.1 "5 6 .. !.2 ~ 3.7 4.6 ' 2.9, y 5 .~ 5.5 4.S 5.4 ,: 5.J. 5.5 .. U 5.L/ 4.8 ' 5.6 " 4, .7 .,. 5 . .1 5.1 5.2 \ • . ,"-7 ~ . . . ." , \ ) '"

, 5,( ., ~.1 . v 4.1 . ' t 4.9, ~.,"'\ · 2, 8~ , 4 . 7 4.3 , 5. 5 ,.,~.52 ,5 ; ~ .~ , .(9 _ ,.99;' 5,6 ~5 5.~ . ;5 . 5~~5 ~ 3.9 .. ' .9~:, 5.5 ' 5.7 ; " 4.l, 3. il 5 ' ).4 )'\'),., ' \.+~' 5 " s·· ' ~ . !' 4.1 ' .. 4.3 5.6 5., 44.3 3.S j.I~5. 5 " 4.1

5.3 I 4.8

5.3

3+50 S I

.40 .40

. , \ '\ • . ,.'.' /~ i ' . , 4.6 " .6 5.4 5.! 5.8,\ 4.2 '8 2B . 2.l\ 5.9 5.5 5.5 5.1_4.i +.7) , 5.1 4.5\ 7.54.7 , 4.4 5.7 5.3

. ) .. ". - . ..),,/ I \ .,. ~ . .. +.6 . fg . U 5.5 +.7 H 4.8 , l .7 U U 4.7.· 5.9 .5, 1 4.B 5.6 4.5 55 .1 5.3 · 5.4 4.2 . , .7

3+00 S , 2+50 S I

1+50 S I

1+00 S I

2-+00 S I

.30 .40 .30 .30 . 40 .40 .50 .30 .30 .20

0+:;) S 0+00 I I

,20 .30 .20 .30

0+50 N I

. 50 .40

1++00 N 1+50 N I 1

.JO .40 .40 .!l

2+00 N I

.30 .30

27K

2+50 N I

2)1(

2+50 N I

5. 1 5.7

3+00 N I

10K 22K 15K

3+00 N I

4.5 4.6 4.2

3+50 N I

12K 15K

3+:;) N ,

4+00 N I

15K

4+00 N , u

5.~ 5.7 ,,\.5 4,6 . '.2 .. 4 ,;, .• , 5 :J 4.J

4.5 5.1 5.7 4.4 , 4.9 4.2 '4.4 ' \ 5.; 4.1 ~ ," ~ '2:.! , ~ \ ~ ~ ?~

I 4.8 ,;, 4r'~' : '\' ,J.5 ',:' 5.2 5.1 . '. :' ., .4 .. . 4,2 .

5.4 , . 4 .~ .·:~, +.7 'I 5 ' i '~'. / 4 1 5,3 ,Q ~ 4 J .8 ,

5.5 +.5 4.9 5.5 . 4.9 6 .. 3 ) 4.5, " ,. 5.1 5.1 .",' 4.6 ' 4.9 5. 1 5.1 -4.5 4.S ·

2+50 N 3+00 N I I

.20 .30 .30 .20

3+50 N I

.30 .30

4+00 N I

.30 .JO

8152

4+50 N I

4817

4+50 N , 3.8 3.6

4+:;) N I

.40 .40

5+00 N , 5948

5+00 N I

2.9 2.5

5+00 N I

.30 .30

5+50 N , 4927 762

5+50 N , 2.4

5+50N I

.30 .30

679

.70

.20

-50

n=1

n=2

n=3

n=4

n=5

n=6

n=1

n=2

n=3

n=4

n=5

n=6

IP ,...50

RES _lOOK

I

l I

r I I

~O I I

r I I

L 1000

I

l

~-50

I LlO

TOPOGRAPHY

RES ISTIVITY (OHM-M)

CHARGEABILITY (msec)

INTERPRETATION

NOR MALIZED CHARG EAB ILITY

n= I NC=CH*9 .58!SQRT(Resis)

n=2

n=3

n=4

n=5

n=6

Line 5+00 E Po le-Dipo le Array

a no a

, ' , ' , "

" /,/ a = 25 M , /

' 'Ii'" n = 1 , 2,3,4 ,5,6 plot po int

Profiles N=l

Logarithmic 1 Contours 1.5, 2, 3 , 5, 7.5, 10, . .

Instr~r1ents ~x : ELR ~C-6 # lOS RIS Tx : GOO lTX-1S0CW # 217

Generato r: HONDA 2000 W

Fie d Work by:Georges T'l iki . MBA

- INTERPRETATION

Strong & sure IP amomaly( O. 9 > ::> > 0.7 ) often with re sistivit y oecrease

Probable IP anomoily ( 0.7 > P > 0 .4 ) Moderate . often wiithout resis;ivity decrea se.

Possible IP onoma l'Y ( 0.4 > D > 0.2 ) Poorly defined, no' resist'vity featu re .

Weak IP increase close to noise leve I

(P<O .2 ) - or in high resistivity

SCALE 1 :2500

Line 5+00 E North American Pailiadium Ltd.

Metals Exploration Division

Pickle

INDUCED POLARIZATION Tyko Property. Ontario Lake grid, Manitouwadge area

Date 06/02/08 NTS.: 42C/13 nkpreted by: Simon Tshimbolonga. erg.

GEOSIG INC

Page 64: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

RES 100Kl

IP 50,

I 1

1000~ I 1

lOJ

TOPOGRAPHY

RES I ST IVITY (OHM- M)

CHARGEAB I LITY (msec)

IN TERPRETATION

NORMALIZED CHARGEAB ILITY NC~CH.9. 58/SQRT(Resis)

I 1 I

I

O~

NC 50

. -~ - -- "-

o . -

-50

n='1

n=2

n=3

n=4

n::::5

n=6

n= 1

n=2

n=3

n=4

n=5

n=6

n=1

n=2

n=3

n=4

n=5

n=6

il'OO S

6896 7017

il'OO S

, .. , ..

,., J. '

il'OO S

.30 .40

7+:<J S

9542 42"

7+50 S

4.4 U

404 , 4.1'

U U

J .7 4.5

'u .4.&

~J. 1

7+~ S

.00

' .5

7+0:) S S+,~ S il'OO S ~S , 5+O:l S , 9219 14K 3665 4874 3316 IS5a 2567 922 lJ36 1247

7;00 S S+:xl S S+OO S 5+:xl S 5+O:l S , 2.~ 2.9 2.2 1.5 U 1.J 1.6 1.5

. -~ . ---- ----- -- ................ ~-~~-"---~- .r-_ r- - -- - -- - ........ ---------- - ........ - --........ -- ---- ...... _-- / ' .. - . . - . . .. . _'-'-.-.:......---- --'- -- - --. --- ------- ----. -- --- ---'..--- - -- --- ------------------- .-------~-------~-------~-------~-----~-- -----~--- ----~

4+:<J S

11 41 2374

#:xlS , 1.6 1.8

4;00 S , 439 1 5550

U 5. 1

.l+!iJS

10K 16K

.l+:xl S I

4.7 4.6

271( 10K

.l+OO S I

5.6 5.1

2+.-50 S I

16K 71J6

2+-e<l S

U 2.4

15K 5476

2;00 S , 1.7

1 +:<J S , 4J58 282.

1+8) S I

2.1 2.2

1;00 S I

2845 3938

1+00 S I

2.7 J .4

, ,

O+:<J S

15K 13K

O+:<J S

16K 29K

0+00 I

U 4.9

O+:<J N

18K ",

O+:xlN I

3.8 H

1;00 N

17K II!/(

1;00 N

1t!iJN 2+00 N 2+50 N l+OO N .l+~N

21K 14K 321( ZIK 12K 17K 181( 16K 181( 25K

1+50 N 2;00 N 2+:<J N l+OO N .l+:xl N , , , , 5. 3 5.4 U 5.1 4.5 4.7 4.7 4.2 4.4 4.8

4;00 N

l!i( 17K

#00 N I

( .8 ~ . (

4+~N

9923 7187

# 50N

5.6 J. 3

5+00 N ~N

3664 ~013 1755 1235

"'" ~7~" 12J5 J ..., "\ '''' I ')i 1. '"

7itO 5l4a 2851 116D \ , I

7!~~ _~_ ~29 \ 1882

~ 'l/'" '3894 2845 3441

5+00 N 5+:xl N , 2. 1 1.11 1. 1

3~\'~ 2~ 3 2 ~ , 2 2:-........ '~~ 1 ~4~1, 3_:~~}"t,:-t:6 1 5 '1.8 1 8 (" JiI 47 48 ,\ .s a 51 5 3 ·~.4 - ,\ 4 , 1"7 1.:1 "21' '27 r:'!:34 48 47 ' 4.4

' .1 t.l ",,-- .' ~0--'~~'r~'~ ~J .•. ~ \ ,.J . ~,1 . , .. . '.1 ) • .• 'l'J 'r'~--;Z ' , .• . 2.5 ) . ' .1 . ... . I·'

J.8 J. 8 .... :2:~ I 4 ••• 4.6 \ 5.4 . 5.2~ 5.3 '~-5---s?--5.1 ' 6.4 6.J 1' 1~ 8 3 2 U\ 1.1 . ;.j.1lI 4.8 , U 4.7 1.7

•.• 4J " " ,.7,:\ J,' ,"'--Z "--- ,~ ~2' 1 " 2.5 ' • . , • . J" ,.j \ 5.' 5 ~ •.• ,(" "-.. ., \ """ 2 ~ 2.1/J J.' '-' ' .2

4.8 4.5 4.4 J. J '-- .1.9 ~ 3.4 3 '-..,. U 2~ 2.' 2.5 2. 4 t .l 2.4 ~ 3.4 " 5.5 5.2. 4.6 ) .. 1 ) 4 ............... U 5.8 ~2.i ......./ J.Z J.4 H J.6 JJI

' .5 '.5 •.• J.1 '\ , .. '-' J.l" 2.' 2.' 2 '.J ,.. 2.J 2.5 2., " ' .J \0 U ,I 5.' ,.. 5 ' ) ' .J , ., ' .2 J.I ' .2 , .•

U ~~5\ ' ].9

4.1 5.1 5~ 5.5 4.8

... \,J ~ . 5.5 "'\

\':J , .• \ ' .5 5.1 .,,---- , .5 ' .1 '.1 '.2 /_48-" , ,.. " ~J.J-'\. '. 1 \ " ~ "\~ •

• . , 5. ' 5.' 5. 1 5.' 5.' • .• ~(. t., 12 • . , .i:4" " d j) I ~ 5.' 5.' 5.' ' .J ' .2 B." /;:" '.5 S.' ... ~ , 5.1,,\ J.,,, V l"

' .2 "' \ • .1 5.1 B.' B. ' ~o~ ' .J ' .1 /,.1 ).. ,B.a 5.,\ J'-\'\\.o<! U 4.5 4.7 4.4 J :~ '-/ J.2 J.9 J.2 2.' 2.5 t,5 2.3 2.4 ~ J.J ' U 4.6 ' 5 .. 1 5.S 5.8 5. l J .6 3.4 J .l J , l .J

7+00 S &+:xl S S+OO S 5+:xlS 5+O:l S #:xlS , , , , .lD .20 .lD .lD .lD .lD .20 .40 .40 .40 .40 .lD .JO

.lD .30 :40 .4Il .. 40 .40

.lD

#00 S .l+:xJ S 3+00 S , .lD .40 ." .30 .40 .40

2+:xl S I

.20 .lIl

2+00 S , .20

1+:<J S 1+00 S O+:<J S , .30 .lIl .50 .JO .30

.40 ' .40 .40 .:Il

4.1 4.5 5.5 -5 5.6 4.8 H 4.7 U ... 6.2 IU . 1.5 1.t t "7.1 6.5 .J.4 · U 4,6 \ 2.4

IP-2

!">t!iJ N , 0+00 1;00 N 1+50 N 2;00 N , 2+50 N l+OO N , .l+:xJ N #OON _N

5+00 N

.lD .20 .20 .JO .\0 .20 .JO .30 .20 .30 ." ." ." .30 • .30 ,20 .lIl .JO .50 .30 ." .JO .20 .20

."l>

.20 . 10 .30 • . ,40

It'

.'"

."

.lD

.\0

'"

NC 50

o

-50

n=1

n=2

n=3

n=4

n=5

n: 6

n=1

n:::2

n=3

n=4

n=5

n=6

,0

RES r lOOK

I r ~ 1000

I r

~-50 l lO

TOPOGRAPHY

RES IST IVITY (OHM- M)

CHARGEABILITY (msec)

INTERPRETAT ION

NORMAL IZED CHARGEABILITY NC~CH,g. 58/SQRT(Resis)

Line 6+00 E Pole - Dipole Array

o no o

" ' , ' , ' " ,./ a = 25 M

, ' ' ,,/ n = 1 ,2 , 3 , 4,5 , 6

plot po int

Prof iles N= 1

Logarithmic 1 1 5 2 3 5 7 5 0 Contours . , , , , . , 1 ,.

nst~Jm en ts Rx x

~enero:or:

• ELREC-6 # 188 GOD TX -' 88 8vV # HO~DA 2000 W

RIS 21 7

Field Work by:Georges Til'ki, MBA

-= =

INTERPRETAT O~

Strorg & sure IP anomaly( 0.9 > P > 8.7 often wilh resist"vity decrease

Probable IP onomaly ( 0.7 > P > 0.4 ) IJoderote, often witho"t res's ti v"ty decrease .

Possible IP onomaly ( 0.4 > P > 0 2 ) Poorly defined , no resistivity feot Jre

Week IP :ncrecse ( P < O. 2 ~ close to noise level - or in hgh -esis tivity

SCALE 1 :2500

Line 6+00 E

North American Palladium Ltd. Metals Exploration Division

Pickle

INDUCED POLARIZATION Tyko Property. Ontario Lake grid, Manitouwadge area

Dc:e: 06/02/17 NTS.: 42C/13 ntervelec ~y : S'mon TsniMcalonga, erg.

GEOS I G INC

Page 65: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

RES 100Kl

I

i I

1000l I i I

10.1

TOPOGRAPHY

RESISTIVI TY (OHM-M)

CHARGEAB I LITY (msec)

INTERPRETAT ION

NORMAL IZED CHARGEABILITY

NC=CH.9 .58/SQRT(Resis)

I I I

o~

I

NC 50

a

-50

n= 1

n=2

n=3

n=4

n=5

n=6

n=1

n=2

n=3

n=4

n=5

n=6

n= i

n=2

n=3

n=4

n=5

n=6

, , . . . . . , : . , ,

--~ --- ~ ~~--------- . . ~. ~--- ~-~------------------------- -~

-'" ---...... /' . -------- . -------~. , . -~ .. - - - - - - - - - ~ - - - - - - - ~ - - .. - - - - - - - - - - - - - -' - - - - - - - -' - - - - - - - - ' - .. - - - - - -' - - .. - - - - -' - - -- - - - - - - - .. - - - - - - - - - - - -. - - - - - - - -.

---.:.-...:....-:-...:-..:..~-- .. , --.. ........... . ------ ............ ....--......... .

~ " ----- -~ --

i

4+50 S 4<fXlS :w,;oS 1727 5265 9192 11K 7409

1727

4+50 S 4+00 S 3+50 S , , , 1.9 2.9 4 .7 4 .J

2.J

2.5

4+50 5 4+00 S 3+50 S , , . 1,0 • .\0 ,.\0 .20 .40 .4(J

3+fXlS 8818 8704

3+00 S , 4 . 9 5.7

3+00 S , .4(J .50

I I i I I

10K

2+50 S , 14K

2+50 S , 5.9 l .9

2+50 S , .50 . .\0

2+00 S , 10K 17K

2+00 S , 4.7 2.4

6.5

5.4 5.1

2+fXl S . .\0 .10

i

1+50 S 1+00 S , , 720' 3951 2998 3765

1+50 S 1+00 S , , 2.4 2.2 2.l l

l.9 •

1+50 S 1+00 5 , , .20 . .\0 .4(J ,4(J

0+50 S

242' 8890

0+50 S , 3.1 4.8

0+50 S , .60 .4(J

,

9502

0+00 ,

0+00 ,

,

12K

4.6 4.2

.4(J • .\0

0+50 N , 16K 16K

0+50 N , 4.9 "

0+50 N , .30 .20

17K

1+<00 N II

16K

l++ooN II

l .B 5.B

" m ,

1++00 N I I

.20 .4(J

1+50 N , 20K 11K 12K

1+50 N , 5 5.6

1+50 N ,

IP-5 r=;="l

2+00 N I

2+00 N ,

2+50 N , 16K 14K

2+50 N , 5.6 6.5

IP-4 ~

2+50 N I

. .\0 .50 . .\0 ,4(J .4(J .511

" ;

12K

3+00 N , 1)1(

3+00 N I

6.6 6.6

3+50 N , IlK 9157

3+50 N , 6.9 11

6236

4+00 N , 7680

4+00 N I

17 16

4+50 N 5+00 N , , 8900 1)1( 7254 2495

4+50 N 5+00 N , 6.5 5.3 3.7 1. 9

6.'

IP-3 IP-2IP-1 I"UG iSA'S ssS'g

3+00 N 3+50 N 4+00 N I I

4+50 N 5+00 N I I

.50 .50 .50 1.1 I.B .BO . 4(J . 4(J • .\0

4521 1412 675

4521 ) I', \ " 675

. - 2725 \ 1041

lOll! - 2077 \

1499

~50 N

.60 .30

~5O N , .40 .10 .10

NC 50

o

-50

n= 1

n=2

n=3

n=4

n=5

n=6

n=1

n=2

n=3

n=4

n=5

n=6

L

,

RES

r lOOK

I r I ~ 1000

I L..- 50

I r I Ll0

TOPOGRAPH Y

RES I STIVITY (OHM-M)

C HARG EABI L ITY (msec)

INTERPRETAT ION

NORMALIZED CHARGEABILITY

n=1 NC=CH.9 . 58/ SQRT(Resis)

n=2

n=3

n=4

n=5

n=6

Line 6+50 E Pole-D ipo le Arroy

o no o

, /

, ' , /

, ' , / , / , / .. ' plot point

o = 25 M

n = 1.2 . 3.4.5.6

Prcfies N=I

Logarithmic 1 Contours 1 5. 2 . 3. 5. 75. 10, ..

Instruments Rx Tx :

ELREC-6 # 10 8 IRIS GDD TX -18 00W # 217 H O~DA 20CO W Gererotor:

F'e d Work by:Georges Tiliki, MBA

- INTERPRETATION

5tr01g & sure IP anomaly( 0.9 > P > 0.7 ) often w'th resistivity decrease

Probable IP anama I.Y ( 0.7 > ~ > 0.4 ) ~ocerate. often \dhout resis;'vity decrease.

Possible IP anomaly ( 0.4 > P > 8.2 ) Poorly defined. no res'stivity fea t we

Weok IP increase ( P < 0.2 ) close to noise level - or in l'gh resistivity

SCALE 1 :2500

Line 6+50 E North American Palladium Ltd.

Metals Exploration Division

Pickle

INDUCED POLARIZATION Tyko Property. Ontario Lake grid. Manitouwadge area

Date: 06/02/08 NT::.: 42C/13 Interpreted by: Simon Tshirroalango . eng.

GEOSIG INC

Page 66: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

RES 100K~

I ~ I

1000~

I ~ I

o...! o

I

lOJ -50J -50

TOPOGRAPHY

RESISTIVITY (OHM-M)

CHARGEABILITY (msec)

INTERPRETAT ION

n=l

n=2

n=3

n=4

n=5

n=6

n= i

n=2

n=3

n=4

n=5

n=6

NORMAL I ZED CHARGEABIL ITY

NC=CH.9 .58/SQRT(Resis) n= 1

n=2

n=3

n=4

n=5

n=6

I

4+50 S

2150 16B9

4+!'\J S

2.6 2.4

4+50 5

.50 .50

i

4-tpOS 3625 5587

4+00 S I

l . 1

4+OC 5 I

.40 .30

--­'-~--

Jt50 S I

15K 7618

Jt50 5 I

5.3 3.4

Jt50 S I

.40 .30

I

3+)XlS 12K 17K

JtOO S I

4.5 U

JtOO S I

.30 .30

'" -..--- .... ---- /..-----.~-............. , ....:.-.~. -----..... ------:-.- ./.,-.--:--..:--:....,...--................. ... ; / :--.--- .:.--- ......... -.~.:...-~ : .-:-...:..-.:..~~.....- , ..... , ' . ~.-.:......--

---------------------~ ~--- ;""'--';.: ----- ------....._---:,;;-: ..... _------ --~---.- - - - -- - - - - -.- ~- - _.- - - ... - .- .- . . . - .- .- - ~ -- -. - - - ----

2+50 S

7247

2+!'\J S I

5.3 5.7

2+50 S I

.30 .60

I

2+00 S I

9029 18K

2+00 S I

5.6 4.6

2+00 S I

.50 .30

1+50 S I

0+50 S I

Ill!( 5057 2957 4571 5645 4936

1+50 S 1+00 S O+!'\JS I I I

3.1 3.9 2.2 3.2 3, 9 4.2

1+50 S 1+00 S O+SO S I

.20 .50 .30 .40 .40 .50

I

()+OO O+:<J N I I

3154 2190 3049 12K

()+OO I

3.5 3.1

()+OO I

.50 .60

Of:<J N I

2.9 3.B

0+50 N I

.50 .30

1+00 N

8128 13K

·1+00 N I

5.B 6.8

I \.\.\., I

·1+00 N I

.60 .50

I

1+!'\J N I

3220 1677 1169

1+!'\J N I

I

2+00 N 2+!'\J N I

1956 2203 3001

2+00 N I

2+50 N I

12 15 14 2S 27 17

I+!'\J N I

IP-4 'SAW

1.9 3.4 4

2+00 N I

IP-J 58

2+50 N I

5.4 2.9

3+!'\J N I

3987 2130 27118 7619

JtOO N Jt50 N I I

22 25 21 13

IP-2

JtOO N I

3.3 5.3

Jt50 N I

3.B 1.4

4+00 N I

7302 10K

4+00 N I

14 7.5

IP-1 'Bi'

4+00 N I

1.5 .70

, ;

4+!'\J N I

241( 14K

4+50 N I

5.7 8.4

4+50 N I

.30 .60

I I i I

S+OO N I

10K 4914

S+OO N I

5.5 3.2

S+OO N

.50 .40

5+50 N I

3978 2152 1108

5+50 N I

3.4 I. 1

5+50 N I

.50 .20 .20

NC 50

o

-50

n=l

n=2

n=3

n=4

n=5

n=6

n=1

n=2

n=3

n=4

n=5

n=6

L i , i

~o I

L I I I

L-50

RES r lOOK

I

~ I ~ 1000

I

~ I LlO

TOPOGRAPH Y

RESIS TIVITY (OHM-M)

CHARGEABILITY (msec)

INTERPRETATION

NORMALIZED CHARGEABI L ITY

n=l NC=CH'9 . 58/SQRT(Resis)

n=2

n=3

n=4

n=5

n=6

Line 7+00 E Po le -Dipole Array

a

, , ,

no

, / , ' , /

/ ,

a

/ /

a = 25 M '0 '

plot point n = 1,2,3,4,5,6

::lrof iles N= 1

Logarithmic 1 1 5 2 3 5 Contours . , , , ,7 . 5, 10, . .

In stru ,el- ts Rx Tx:

~~RC:: C -6 # 108 IRIS GOD TX-18 COW # 217 -10ND;., 2COO \II Gererotor:

Fie I d W 0 r k by: G e 0 r 9 es T i I· k i, ~; B A

- INTERP RETA-IOf'.i

S:corg & sure IP .o 1cmaly( 0.9 > P > 0.7 ) of:e1 with resls:I'l" lty decrease

Dcoboble IP cnomoly ( 0.7 > D > 0.4 ) \1cce 'o te, often without resist:vity decrease.

Possible IP anomoly ( 0 . 4 > P > 0.2 ) Peocly defined, no c res·stivity feature

Weak IP ncrease ( P < 0 .2 I close to 10ise leve - or in high res·sti';ty

SCALE 1 :2500

Line 7+00 E North American Palladium Ltd.

Metals Exploration Division

Pickle

INDUCED POLARIZATION Tyko Property, Ontario Lake grid. Manitouwadge area

Date 06/02/08 ~ITS.: 42:::/13 Interpreted by: Simon TS1imbalan90, eng.

GE OS IG IN C

Page 67: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

RES 100Kl

I

i 1000~ 0-,

NC 50

o

I i I 10-,

I

I -50-, - 50

TO POGRAP HY

RES I ST IVITY (OHM-M)

C HARG EAB I LITY (msec)

IN TERPRETATION

NORMALIZ ED

n=l

n=2

n=3

n=4

n=5

n=6

n=1

n=2

n=3

n=4

n=5

n=6

CHAR G EAB I Ll TY NC=CH-9.58/SORT(Resis) n= 1

n=2

n=3

n=4

n=5

n=6

NC ,-.--,-,--,-,--r-r-,--,--r-,-,--,-,--r-r-,--,-,--,-,--,-.--r-r-,--,-, ,--,-, .--r-r-,--,-.--r-,--,-.--r-r-,--,-.--,-,--,-.--r-r-"--,-, ,--,-,-,,-,--r-,-,--,-.--r-r-,--,-,,-,-,- , ,.--,-.--r-r-,,--,-, ,-,-r-,-,,-,-,--,-,--,-.-,r50

. _._---_.--.....

. -- . . ""'-.... ' .. ... . :..--"'"~ ">-- .•..... . / .. . .. . • . .. .. . . . .. . .. ---.....:.. . .

,.. - ~'-. ,;---'-'-: -:---'~. . , . . . . - -------- --' -

. . . -' --_/------ ".,..- . .---~-- ... -_/ " --' . ""-

4+50 S 4-t{)O S I I

3+50 S I

m I 828!i 7231 7757 12K 10\7

4+50 5 4+00 5 3+50 5 , , 1.2 2.1 1.4 4.3 4.1

1.2~3' U ,, 4.1

1.7 . ;., 4.5. "" , ','

' 4

4+50 S 4-t{)OS 3+50 S

.30 .20 .40 .30 .30 . 40

3tOO S

5070 11K

3tOO 5 I

1.1 4.1

, 4.7

3tOO S I

.40 .30

2+50 S I

19K 26K

2+50 5 I

5.1 5.1

2+50 S I

.30 .30

2-t{)Q S I

12K 12K

2-t{)O S I

5.6 5.3

2-t{)O S , .10 .20

1+50 S I

10K 948.J

1+50 S I

1.6 1.5

1+50 S

.30 .JO

1-t{)Q S 0+50 S I I

5481 2747 6066 5112

l-t{)Q 5 I

3.5

1-t{)Q S , .40 .70

0+50 5 I

0+50 5 I

.40 .50

Q-t{)Q 0+50 N , I

41+1 2499 6064 12K

Q-t{)Q 0+50 N I ,

4.6 3.3 3.5 5.2

Q-t{)Q 0+50 N I ,

.70 .60 .40 .40

"

It'OO N 1+50 N I I

6611 7096 6474 3076

1+00 N 1+50 N I

10 17 12 20

IP-4 'U' ,sssss,

It'OO N II

1.9

1+50 N I

1.4 J.4

. ---

2-t{)Q N 2+50 N 3tOO N I I

1117 107+ 2041) 1061 3.JU 6817

2-t{)Q N I

16 11

2-t{)Q N I

4.6 9.1

2+50 N I

27 26

IP-2

3tOO N , 16 11

IP-1 SpSSii

2+50 N 3tOO N I I

5.7 5.9 2.7 1.5

3+50 N

11K IlK

3+50 N I

4.7

3+50 N I

.40 .40

4+00 N , 10K 17K

4-t{)Q N I

4.5 5.4

5.4

4-t{)Q N I

.30 .30

4+50 N I

14K l1i1( 2lK 4671

4+50N 5KJO N , I

6. 2 5.6 5.6 2.9

6.2 5.8 5.6

. 5.6

, ~ ,

4+50N

.40 .40

~.,

(,46 ' ' 4.l ' J, 'I ).r~

.30 .40

411 2 5912

5+50 N

1.6 H

5+50 N I

.50 .40

6+00 N

1095 8)7

6+00 N I

.40 .60

6+00 N I

.10 .20

o

n=1

n=2

n=3

n=4

n=5

n=6

n=1

n=2

n=3

n=4

n=5

n=6

I

L I

LO

L

,

RES

i lOOK

I

I ~ 1000

I L-50

I

I I ~Ia

TOPOGRAPHY

RESIST IVITY (OHM-M)

CHARGEABILITY (msec)

INTERPR ETATIO N

NORMAL IZED CHARGEABILITY

n=1 NC=CH_9 . 58/SQRT(Resis)

n=2

n=3

n=4

n=5

n=6

Line 7+50 E Pole-Dipole Array

a Ina a

, / , / , / , / , / , / , / ,,/ plot point

a = 25 M

n = 1 , 2,3,4,5,6

L:ro'iles ~=1

Logarithmic 1 1 5 2 3 5 7 5 10 Contours ,.,",., , ..

Ins t ruments Rx Tx :

ELREC-6 # 108 IR S GDD TX-1800W # 2 17 HONDA. 2000 iN Generator :

Fi e l d Work by:Gecrges Ti iki, \lEA

- INTERPRETATIO N

Strong & su re IP anomcly( 0.9 > P > 0 .7 ) often with l'esistivity decrease

Prcbable IP 'ancmaly ( 0.7 > P > 0 .4 ) Moderate , 0 ften without resistivity decrease .

Fossible I~ anomaly ( 0 .4. > F > 0.2 ) Poorly defined, no resislivity feature

Wear. IP incr'ease ( P < 0.2 ) close to noise level - or 'n 1igh res istivity

SCALE 1 :2500

Line 7+50 E

North Americanl Palladium Ltd. Metals Exploration Division

Pickle

INDUCED POLARIZATION Tyko Property. Ontario Lake grid. Manitouwadge area

Date: 06/02/08 NTS . L2C/13 Interpretec Jy: Simon Tshirrbalanga , eng.

GEOSIG INC

Page 68: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

RES 100Kl

I i

1000~ I 1 I

10-,

TOPOGRA PHY

RESIST IVITY (OHM-M)

, -50-,

CHARGEABILITY (msec)

INTERPR ETAT ION

NORMALIZ ED CHARGEABILITY NC~CH.9 . sa/SQRT(Resis)

NC 50

o

-50

n=1

n=2

n=3

n=4

n=5

n=6

---------....------~-....:....... ::...-----~

8W:J5 7-150 5 , , ... ,,,a 6310 ""

8W:J5 7"~S

4.2 5.3 5.3 U

I.'

8+00 S 7-150 5

.50 .50 .60 .?O

7+00 5

16K 10<

7+00 5

7+00 S

.30 .30

,,505

18K ''''

5.4 5.6

&<50S , .30 .«1

11K

.. ,

0.00 5

6292

6+00 S ,

0.00 S

.40 .40

.~~ _ r----~-___ ------ -~ / ---------- --- / ~ -~ ~~---~~~~--- -----~----~~~--.........._/ -- -:...~-"'" . -------. /-:........:-.:....:~ . . " .............

-----_._-- - -- -- -- ---- -----:-- ---- --.--------:--- - - -:- ----~~--::'~---:-- ::-=:~ - --'---- .-- -----_.+--- --- -- ,.. ----- -.--- - -- -- --.--- ........... ,

:;'505 :;.00 5

7892 4315 17K 12K

~s 4.S 4.5 5.2 U

:;.50 5

.oW .60 .30 .4(1

12K

4+505 12K

4+50S

4+50 S , .:sa .30

12K 1J1(

4+00 S

4+00 S

.20 .20

3+505 9567 15K

3.6 4. 1

3+5OS .30 .30

9299 5193

3+00 S , J.S U

3+00 S

,30 .30

'8K

2+50) 5 , l2K

2+5(J) 5 , U 5.11

2+5(l\ S

.:ro .30

2+00 5

35K

2+00 5

5.11 ~ . 2

2+00 S , .:ro .30

1t~S , 18i< 15K

1+!:D S , 5.1 5.2

l+ro S

.30 .~

1+00 5 0-t50 5 , 8071 "oil

1+00 S 0-t50 5 , 4. 1 4.7 2.7 1.4

5. '

I.' I •

5.8 l' 5.~ ~

,5.; 5.8.

1+00 5 0-t50 5 , .40 .40 • .3{I .30

0+00

'''' 6635 '''' .,,'

0+00 O+50N 5.& U 4.4 lD

IP-4 "S!

0+00 O+50N .50 .50 .30 1.7

1+00 N 1+50 N 2+00 N 2+50N 3+00 N , 12K 91,.. 12K "" 15K '''' '''' 16K JlK 57K

1+00 N 1+:;:) N 2+00 N 2+50 N 3+00 N , , 10 12 9.7 7.6 u u U 5.3

IP-J IP-2 IP-1 iSS!

1+00 N 1+!:() N 2+00 N 2+50 N 3+00 N

.90 1.1 .80 .60 .30 .40 .40 .30 20 .30

llK

3+50 N 19K

3+5ON , 5.6 5.7

3+50 N

.30 .30

19K

1.9

4+00 N

15K

4+00 N ,

4+00 N

.11 .l:l

4+50 N

13K 11K

H

4+50N .11 .20

5+00 N

'''' 14K

:;.00 N , 4.7 4.4

:;.00 N

.30 .30

5+5:) N 6+00 N

55.52 534-9 29,.

~295f ).977 /~ .(,"

I. 13« 1525

,,£ I 1160 I \

1507

S-t5O N 6+00 N

1.16 2.1 1.1 .60

6+00 N

.2ro .20 .10 .10

NC 50

o

n=l

n::2

n::3

n=4

n=5

n=6

0= 1

n=2

n=4

n=5

n=6

n=1

n=2

n=3

n=4

n=5

n=6

~o , I

"

RES

i 100K

I I I r1000

, 1...-50

I I I L10

TOPOGRAPHY

RESISTIV ITY (OHM-M)

CHARGEABIL ITY (msec)

INTERPRETAT ION

NORMALIZ ED CHARGEABILITY

NC=CH.9 . sa/SORT(Resis)

Line 8+00 E Pole-Dipo le Array

Q

, , , , , ,

no

, ' . ' plot point

a

, ,

a ~ 25 M

n ~ 1 ,2,3,4,5,6

Prof iles '~= 1

Logorithmic 1 1 5 2 ' 5 7 5 0 Contours . , ,", , . , 1 ,.

Irs \ r Jrlel\s Rx

Tx Generaler:

ELREC-6 # 108 IRIS GOD TX-1800W # 2 17 -JONDA noo w

Fie c Work oy:Georges Tili ~ i, MB~.

-= =

IWERFRETATION

Stroog & sure IP 01D'T'oly( 0.9 > P > 0 7 o~ten wit! resistivity' cec recse

Proboo le I" ono'7lo ly ( :J 7 > P > 0.4 ) Mocerde, often ,ifhoct resistidy cecrease.

Passib e P anomely ( C. 4 > P > Q 2 " P80ry aefined, 10 resistiv·ty 'edwe '

Weok ID ncreose ( P < 0.2 ) C ose to noise level - or in high resis tiv·ty

SCALE 1 :2500

Line 8+00 E

North American Palladium Ltd. Metals Exploration Division

Pickle

INDUCED POLARIZATION Tyko Property. Ontario Lake grid. Manitouwadge

Cate: C6/C2/11 [0, TS.· '2C/13

area

nte-preted by: Sirrar - sh·'11balo1gc, erg.

GEOSIG INC

Page 69: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

RES lOOK,

I j

I

NC 50

. -- /---- ---- -- --------------- - ----- . . --.--. - ;/ - ~ -~ -- - -. -. -. . - .... . . --. . -.--.- .- . . .. .' . ----,~-, .. .. -----.-~ -. -~-- ... _-- .. ----- '",,-

""----~-- , 1000~ OJ

1 I

a. - -' - - ---- ----------------.-----~--.-- -- ----.--- -----.----- ---.---- ----'---- -----------'------- -'--------"--------"--------- ---_ ... --- .. _---- _.::----.

I j I 1

lOJ - 50J

TOPOGRAPHY

RES ISTIVI TY (OHM- M)

CHARGEAB I LITY (msec)

INTERPRETATION

-50

n= l

n=2

n=3

n=4

n=5

n=6

n=1

n=2

n=3

n=4

n=5

n=6

NORMAL IZ ED CHARGEABILITY

NC=CH.9 .58/SQRT(Resis) n= l

n=2

n=3

n=4

n=5

n=6

i 1 1 , i

4+50 S 1

3+50 S 1

3+pJS 121( 13K 92" 35.5 5316 8<85 1111< 4765 5932

4+50 S 1

4tOO S 1

3tOO S , 3+50 S , 4.1 4.1 l . 1 1.7 2.9 2.9 '.4 2.4

2+50 S 1

2+50 S 1

5.5

1 i 1 , I

25K 13K

2tOO S 1

6 5.l

1+50 S 1

161< 11K

1+50 S I

5.2 7.1

ltOO S , 6566 781' U25

l tOO S I

4.6 6.2 5.7

0+50 S , 6213

0t50 S 1

11K

0t00 I

15K

6.6 5.6

• . 1 , 2i9r 2 .. 9 , 4.4 5.5 6 5.l_5.2 ,, 71 4.6, ,\6 .~ , 57, j }:-" U '~, ' , 6:~~ .. ~ ' J~ ' ,j ' '\ : \ '\ \,' , 6.2 ~5~ :. :.. \ • . ~ , ,\ 65 .','! 5 \.). 4,9

U [5.,,\ · 4·,>\' 2 '.2 H ,.1'" 2W H •. ~ . 5.8 5· , r 5., 66 ,"" • . 7"~5·1;· ':'\.;J 4.6 \ 5.2", \8~, 2. 1 \ 3.3 ' J:6 ~ 32" 6 s.; ., 6. ' 0 " '\ 5.l 6.9 \Z~/\ 6.1,.' . 5.2 ,

l .6

4+50 S I

.30 .30

4.&~', 5 . 2 \ H ". 2.2 \ l .6 ' ~.5 V . l . ' H \ 6 ' 5.9 "-.J 5.6 ',6.8 0; 4}\ ~<',~,6 4.7, ,' 5.1 3,9' ;.''2~ 3."5 " ' 3',8 4.6 ... . 1 j tS"-. 5.7 ".: 6.1 5.1 ' 5.5 :·:i.1~ -4-,8 7.1

4+00 S 3+50 S I I

.30 .20 .30 .30

3tOO S I

.30 .30

2+50 S I

.30 .30

2tOO S I

.30 .1lI

IP-7 I \.'-' I

I '"" I

1+50 S ltOO S 0+50 S 0t00 I , , I

.30 .60 . III .60 .60 .SO .SO . III

0t50 N , 9726 13K

0t50 N 1

6.1 6.B

I '"" I

0t50 N I

.50 ,so

. i " 1 i ,

5+50 N 1

'ltOO N , 1+50 N , 2+50 N , 3tOO N , 3+50N , 4tOO N 1

161< 22K 16K 23K 2. K 21K 21K ',K 13K 8616 7761 11K 12K 1111< 16K 5619 1l7l 1573 593

'1!M~'1!I( 7, ,&;"> ) W' - 1573 '-. 59J .~ ~ ! 1735 _ - 2051

. '{J 'l247! - 2,,;;' 2>27

. 1 tOO N 1

25K

1+50 N 1

301(1 '

2tOO N 1

2+50 N 1

3tOO N I

3+50 N I

4tOO N I

4+50 N 1

5.7 5.2 U 4.' 5.2 5., 5.6 5.5 5.l 4.7 5.5 4.4 4.5 4.4

5.2 ~q .'j 4.4 , 5.B2 . 5.. . 5.6 •. '., "5,5 5.~ .... ' •. 7· ' 5.5 ~4.4 " 4 ;1.4 ,'}'. 4.4 5 . ,,' \~, '\ ~ .' ~*., , ).. .. 5.8 . 5.6 4.7 .'. U ,: : 5.4 5.8 ' 5.7 ; 8,7 [ 48 5 3 ' H ' ', 47 ' 4.8 . U ".,, 4 · '.' 5.9

6.8 6.7 i.2 ~'.5~5 5.7 5 / "" 5'6~' d ' 5.4 ' \ 4.8 ' • . 7" 4.8 14.5' ? 6

7 i.1 U 4 .9~ 5.5 , 5.5 • ; .3 5.5 .. 4.7 , 5.2 "-..4 .~ , .. 8 U U

7.2 '" 1.2 ~2 6.6 B.J 5.3 5.5 5.' 5.4 5.3 P '\:4 / H ',7 ' ' .1

7 ), 3 8 h I. 6.6 5.5 5.2 5,3 s.; 5.2 · 5.3 , H 5.2 U . 4.a l .8

. 1 tOO N , 1+:;;) N 1

2+00 N I

2+50 N 3tOO N , 1 3+50 N

1 4tOO N , 4+50 N

I

5tOO N I

.1lI .30 .20 .30 ,30 .30 .30 .30 .30 .30 .1lI .30 .1lI .30 .1lI .30 .30 .30

/ '\ . 2566 • 2~99 ' 2IJ86

2271

5+50 N 1

l .B 1. '

5+50N I

. III .30

6tOO N 1

1.5 .10

6tOO N

.30

- 50

n= l

n=2

n=3

n=4

n=5

n=6

n= l

n=2

n=3

n=4

n=5

n=6

e.0

1 i

RES r lOOK

I

f I ~1D00

I

f I

e.-50 LlO

TOPOGRAPHY

RESISTIV ITY (OHM- M)

CHARGEABILITY (msec)

IN TERPRETATION

NORMALIZED C HARG EAB I LITY

n= 1 NC=CH.9. 58/SQRT(Resis)

n=2

n=3

n=4

n=5

n=6

Line 8+50 E Pole -D ipole Array

o no o

, , / , / , /

" ,/ a = 25 M , /

~ ' n = 1,2,3.4,5,6 plot point

Profiles 1=1

Logarithmic 1 Contours 15 , 2 , 3, 5, 7.5 , 10, ..

Instrume nts Rx Tx :

ELREC-6 # 10 8 IRIS GDD TX-1S00W # 217 H O ~DA 2000 W Generat or:

Fie l d Work by :Ge orges Tiliki , MBA

- INTERP'RETATION

St rong & Siu re IP anomaly( 0.9 > F' > 0.7 ) often with resistivi ty decrease

Probable IP anoma ly ( 0 .7 > P > 0.4 ) Moderote , often wifhout resistivity decease.

Poss ible IP anomaly ( 0.4 > P > 0 , 2 ) Poorly defined, no resistivity feature

Weak IP increase ( P < 0 2 ) close to noise leve l - or in high res'is tivity

SCALE 1 :2500

Line 8+50 E

North American Palladium Ltd. Metals Exploration Division

Pickle

INDUCED POLARIZATION Tyko Property. Ontario Lake grid. Manitouwadge area

Date 06/02/11 NTS. 42C/13 ntecpreted by: Simon Tshimbclango, eng.

GEOS/G INC

Page 70: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

RES 100K1

I 1

1000~ I 1 i

I

I

10J -50-'

TOPOGRA PHY

RES I ST IVITY (OHM-M)

CHAR GE AB I LITY (msec)

IN TERPRETATION

NO RMALIZED C HA RG EABI L ITY

NC=CH*9 .58/SQRT(Resis)

NC 50

o

- 50

n=l

n=2

n=3

n=4

n=5

n=6

n= 1

n=2

n=3

n=4

n=5

n=6

n= l

n=2

n=3

n=4

n=5

n=6

NC RES

r100K .-.-.,--.-.-.--.-r-,--,-,-,--,-r-,-,r-,-,--r-,-,-,--,-.-.--.-r-,-, - ,r-r,. -,-, -r-,-".-,--.-.-.--.-r-,--r-,-,--r-,-,-,r-,-.-.--.-,-,--,-,-,--,-r-,-,r-,-,--r-'-'-,--,-,-,:--,-,-,-"r-,-,-, -r-,-,-,--.-.-.--.-r-,-,r50

---------- ----- -------. ----~----- --- --- - - - - , -~-~-.-~~~,~~- - - -- - - ------ --- --- -- ~----- ---' , ~~~~~~-~-~-~-~-~-~~~~~~-~-~-~-~-~"~---------.-----"---------------"-----------------------------------------------.-----------------~------------------------~-~=====-=- =-=-~- -- -- -- -- -- -- .-- -- -- -- -- -- -- --.-- -- -- -- -- -- -- -- -- -- --- -- -- -- -----~- ~- ~- ~- ~- ~- -------~--~-~-~-~~~~=~~. ~~~~ ~o '---

, ,

I r ~ 1000

I r

, , , , , i , , i - 50 I

!... -50 ~ 1 0

#~S ~s ~s I I I

8551 705J 8083 3778 m9 11 K

~S 4+00 S ~s , 3. 6 4.7 4.3 2.6 J 4.4

3.6' 4.7 U ·

l ,5

4

~s ~S ~S I I I

, )0 .50 ,40 .40 . )0 .)0

3+fJlS 13K 11K

3+00 S I

J.4 3.7

3+00 S I

.20 . )0

2+~ S I

2+pJ S 1+50 S , 5106 14K 2JK 22K 21K 12K

l.6

o ·

.,

2+50 S I

5.6

2+00 S I

5.3 4.6

1+50 S I

5.3 5.3

~~~ ' ·J 6.84\~\3 5.9 ' 53

2.9 5.6 6.6 . 5 5.9 , "-3.6 2'1 5.9 6.9 5.1 ... ~ X"' 3.7 '2. . 6.2 '6 .. 9 5.2

"., ', ,~( "

4.2 .. 3. i J. l . 6.3

2+50 S 2-+0:1 S 1+50 S , , .20 .40 .)0 .20 .30 .40

lim s 0+50 S ()t{)() 0+50 N , , , 22K 18K 11K 14K 16K 9379 9622 11K

1 +()() S o+~s ()t{)() O+~N I I I I

5.8 5.4 5.8 6.8 6.1 6.2 7.6 11

5. 8 5.4 5.8 • U '

5.6 5,6 5.8

6 5.6 5.9

5.8 H ,

5.9 '6.' ",: !

5.3 6.2 5.9 6.1

IP-7 I \.\., I

1-+0:1 S O+~S ()t{)() O+~ N , , , , .30 .30 .50 .50 .40 ,60 . 70

1+00 N , 11K 9l1'

1·+00 N I

6.1 7.5

I ""' I

1+00 N , .50 .70

1+~ N , 16K 19K

1+~ N , U 2.3

l+~ N , .30 .10

2+00 N , 31K 25K

2+00 N I

2.3 3.4

2+00N , .10 .211

5. 1

2+~ N ,

2+~N ,

2+50 N I

.30 .30

3+00 N , IlK 16K

3+00 N I

4.6 4.4

3+00 N , .)0 .)0

3+~ N ~N , :52K 21K 12K 11K

3+~ N ~N I I

5.4 5.5 4.8 3.9

3+~N ~N , , ,20 . 30 .40 ,)0

4+~N I

9923 17K

4+~N I

l .6 4.2

4+~N I

.30 . )0

6iOO N , 5+00 N ~,~N

26K 11K 9693 2150 674 'JJ

:,,:,! '~~!:!:~,!!/ 2150 ~ 67'" , .",,-_ ,· y . I ~~

- 2915 - :5218 ' " 1127 \ . "-{e\ 3J67 419] '/ = ~1691 \ 407:

2625 2.124

2602

6iOO N I

5+00 N I

~~N I

3.2 4.6 2.8 1.9 o .20

4,6

5+00 N ~~N 6iOO N , I

.10 .40 .20 .30

n=l

n=2

n=3

n=4

n=5

n=6

n=l

n=2

n=3

n=4

n=5

n=6

TOPOGRAPHY

RE SIST IVITY (OHM-M)

CHARGEABILITY (msec)

INTERPRETATION

NORMA LIZED C HARG EAB I L ITY

n= l NC=CH.9 .58!SQRT(Resis)

n=2

n=3

n=4

n=5

n=6

Line 9+00 E Pole-D ipo le Array

o

,

no a

, ' , ' , ' , ' , ' 0 = 25 M " /

'a / n = 1 , 2,3,4,5,6 plat paint

Pro f il es N= 1

Logarithmic 1 1 5 2 3 5 7 5 Contou rs . . ...,. , 10 ...

Inst r uments Rx Tx:

ELREC-6 # 108 IRIS GOD -X-1800W # 2'7 HONDA 2000 W Generat or:

F i eld Wo r k b)':Georges T i lki , MBA

- INTERP RETATION

Strong & sure IP ononay( 0 .9 > P > 0.7 ) allen with r esisti'lity aec'eGse

Probable IP anomo y ( 0 .7 > P > O. L ) Moderate. often wi(hout res is tivity decrease.

Possible IP anamoly ( 0.4 > P > 0.2 ) Poorly defin ed , no resistivity feature

Weak IP inc Irease ( ::> < 0 " ) close te nci se level - or in high resitt ivity

SCALE 1 :2 500

Line 9+00 E

North American Palladium Ltd. Metals Explolration Division

Pickle

INDUCED POLARIZATION Tyko Property I Ontario Lake grid I Manitouwadge area

Dote 06/02/17 NTS.: 42C/13 Interp-eted by: Simon Tshimbolango, enq.

GEOSIG INC

Page 71: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

RES 100Kl

I

1 1000~

I 1

IP 50..,

, , ,

O~

lOJ -50..'

TO POGRAP HY

RE SIST IV ITY (OHM-M)

C HARG EAB I L ITY (msec)

INTERPRETAT ION

n=l

n=2

n=3

n=4

n=5

n=6

n= l

n=2

n=3

n=4

n=5

n=6

NORMA LI ZED C HARGEABILI TY

NC=CH.9 . 58/ SQRT(Resis) n=l

n=2

n=3

n=4

n=5

n=6

NC 50

a

#SO 5 , 20K IJ\(

# SO 5

l .7

3.7

4.3 , 4.1

4,2

4.4

#SO S , .20 .30

+tOO 5 , 9569 6711

4;{)OS

5 !.4

4,2

'-+

3+50 5 , ~78 14K 2586

3+50 5

3.3 4.l 2.6

3+00 5 , 3138

2+SO 5 , 4206

2+SO S , 1.8 2.9

2+00 5 1+50 5 , , 22K 31K 25K 21K

2+00 5 , 6.l 5.7 S.B 4.9

. , •• ~ '\ ~ ~~\ 6.3 5.7 5,8 U

3,,5 ~ 1.7: '\ 3,3 5.9 5.7 5,8 6,3

3.3 ' ' .3 ' ! .• 2;t ,

3., ·', 3,4 " 4.4 ~ " J.8

4 '.' l . 8~ I.~ ""-3-....". 5.8 6.2 , J.I (? Z.9 5 \ c0

l .9 , J.l J. l · 'q ' .1 J . 6 '~ ~.5 , 6 8.2 6.2 . ~ . 4.2 ' J.9 3.4 3.6 ~ , 8 .... 1 · I ~ •• 8 2. 3.5 6.3 _; 6.3

3.9 ,. ' .2 2.9 -., 3.5 4.9 J,a H 2.5 \ '.2 '6, 4 '" 8.<

4.2

+tOO 5 , 3+00 S , 3+50 S , .W .30 ,W .30 .W .30

2+SO S , .30 .W

2+005 , .W .30

1+50 S , ,30 .30

1+00 5 , 9627 15K

1+00 S , 5.9 6.2

7016

O+,SO S

11K

O+S05 , 6.7 5.8

5.9 ., :~. 8.2 :':.,..::" s'.r ,,~\~~ .B ,. '6:

11K

0+00 , 5.9 5.7

~i,9 .,:.\~! .: 5/ }' 1 I ~.4

5.7

6'1~1~'F: fi,~i; 5,8

5.9 5.7 " 6.Z $ .5 .~:

5.6 . B.8 1.5 5.6 7.4 5.7

5.7 5.a 8.1 6.8

S.I 5.6 S.7

IP-7 ,'" ,

1+00 S 0+50 S 0+00 , , , . SO .W .70 . SO .SO .SO

O+SO N 1+001 N l+SO N , , , 9714 9258 9116 16K 12K 7990

5.1

5.1

O+SO N 1+001 N , , 5.l U

l+SO N , 4,6 J.6

6 ,h.;. 5.3 \ V " 4,6 l .6

5.i •• 6, 5, . 5.3 \ 4.1 ! 4.1

6.8 6 6.4 ' 5 H '4,5

2+00 N 2+SO N , , 7165 6795 3216 942.

2+00 N , 3.5 J. l

4.1 '.2

2+SO N , ' .5

I .

6.8 5.7 ,,~ 3. 1 I. 4..6 I' ..,3

::0105 4.5

l .J 5.4 ., 7.1 5.8 5.1·

IP-6 ~,

O+50N 1+00' N , , .W .SO .SO .30

~ I 6.J 5.6 "

1+50 N , ,30 ,30

2+00 N , .30 .30

4.6

.(8 4.2

2+50 N , ,30 .W

3+00 N 3+SO N , , 19K 19K 20K 19K

3+00 N 3+SO N , , 4.2 5.9 6.l S.l

3.3 : 4.8

l.2

3+00 N 3+50 N , , .20 ,4<1 .W .30

4+00 N , 11K 10K

+tOO N

5.1 l .9

9861

4+SO N , 14K

4+SO N , 4.7

5. 7 ~; ' .4

5.~

+tOO N , .4<1 .JO

54'1

/9 5 ,

4+50 N

.W .30

5+00 N , 5+SO N

22K 52B6 3058 1184 374

5+00 N 5+SO N 6tOO N , l .5 5.5 1. 9 .20 -.20

5+00 N 5+50 N 6tOO N , , .20 .70 .30 0 -. 10

417

.W

.10

-50

n=1

n=2

n=3

n=4

n=5

n=6

n=l

n=2

n=3

n=4

n=5

n=6

r ,

~O

r , ,

RES

r100K

I

r ~ 1000

I r

:"-50 L 10

TOPOGRAPH Y

RESIST IVITY (aHM-M)

CHARGEAB I LITY (msec)

IN TERPRETATIO N

NORMA L IZED CH ARGEAB ILITY

n= 1 NC=CH>9 . 58/ SORT(Resis)

n=2

n=3

n=4

n=5

n=6

Line 9+50 E Pole-Dipole Array

o

, , , "

no

/ , / , /

' . / plot point

/ /

/

o

o = 25 M

n = 1,2,3,4,5,6

Prof i es N= 1

Loga rithmic 1 1 5 2 3 5 Contours . , , , , 7. 5 , 10, ..

Instr ument s R>o< Tx

Genera t or :

: ELREC-6 # 108 GOD - X- 180CW # HONJA 20:)0 W

IRIS 2 17

F e l d Work by :Georg e s T ili k i, MBA

- INTEIRPRETATION

Strong 8: sure IP anomaly( 0.9 > P > 0.7 ) ofter wi·th resistivi ty decrease

Probc ble IP onomcly ( 0.7 > P > 0 .4 ) Moderdte, of len wit'hou t resistivity oecrease .

Possible' IP onorl'cly ( 0 .4 > P > 0 .2 ) Poor y dlefined, no res istiv ity fealure

Weak IP increase ( P < a 2 ) close to naise leve l - or in high resist ivi ty

SCAILE 1 :2500

Line 9+50 E

North Americ:an Palladium Ltd. Metals Explloration Division

Pickle

INDUCEID POLARIZATION Tyko Property. Onta r io Lake grid . Manitouwadge area

Date: 06/02/17 NTS. 422/13 Inlerpreted ay: Simon Tshmbclonga, erg.

GEOSIG INC

Page 72: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

RES 100Kl

I j I

10001 I

j I

, 0 '

-1

, 10J -50~

TOPOGRAPH Y

RES ISTIVITY (OHM-M)

CHARG EABILI TY (msec)

INTER PRE TATION

NO R MALI ZED CH ARGEABILITY

NC 50

o

-50

n=l

n=2

n=3

n=4

n==5

n=6

n= '

n=2

n=3

n=4

n=5

n=6

NC=CH.9 . 58/S0RT(Resis) ,=1

n=2

n=3

n::4

n=5

n=6

--~-------~------ ---

,

7t~ S 7+00 S 6+::05 6+00 S ;'50 S 5+00 5

7652 '''' 27< 2" 23< IlK 16K 1JK 12K 10K .,,'

8<00 S 7+~ S 7+00 5 6+00 S ;.::0 5 , 5+00 S , 6+5OS , U 4.5 U 5.1 4.9 5.4 U 5.7 5.1 5.1 5.1 :U

4.4 4.6, U ' : 4.7 ,~ 4.9, 5.4 8.2 5.7

<.2 '"", 0,3 , 0.' ~' . ', '" /~ 5.' . 6.Z

•.• \ '2~5.i' ~i ' .' "'\ 55

•. , 50 I~ 1.2' U 5, 5' \ 5.15 ~ , 1 \ 4.6· 4.7 4'.-'-,--.7".,'-'"

S . ~ 5.15 5'l 5.J· 4.J 4.' 4.~

3.3

5. I

'3.9

8<00 S 7+50 S , 7+00 S 6+::OS , 6+00 S 5+00 S , ;'50 S , ,60 .40 .50 ,30 .20 .30 .30 ,40 .40 .40 .40 .40 .30 ,30

;

4"'~ 5 3<::05 .l+OO 5

15K 4096 '" 2J1( 19K 16K

#5OS 4<OOS 3<::05 3+00 S

J.J \.6 2.7 2.2 4.1 4.5 4. 7 :5.5

u ',' '.5

u 3.' 4.7 '

#::05 4<OOS .l+OO S

,20 .20 .20 .20 .20 .20 .30 .20

.------------.---~-------------- - -------~ --- --.-- ~--- - ---.- --- --~- -----.-------~-------~

;

1+00 5 , D>::O 5 2+00 5 , 1 +!() S , 2+505 , 10K 3591 17K 27K 2" '" IlK '''' 12K 17K

2+!'OO S , 1+00 S D>::O S , 2+00 S 1t5() S , :U 4.1 U 15. 1 4.9 ' .9 ••• 6.1 5.2

] . n~ :fj . 6: ,:,~;' e.} 6.2 5.3 \ ~ . 8

~.:I~ ' .7 5.4 , 5.2

5'. 4 5.4 . '5.~

4.11 '\:"0. , .. IP-7

2+"..50 S 2+00 S H50 S 1+00 S ();5() S , .20 .600 .30 ,.30 .30 .30 .50 .50 .50 .30

D>::ON , 12K 10K 18K 2"

D>::ON , U 5.4 5.6 5. 2

D>::ON .40 .;!(l .30 .3!)

1+00 N , '" 12K

1+00 N , 4.a 5.6

1+00 N , .30 . 30

1"':0 N , "13 11K

1t!() N , :u u

''''50 N , .40 ,30

2+00 N

IJI( IlK

2+00 N

5.4 U

2+00 N

,40 .30

2+5D N

27<

2+:0 N

5.1 5.S

2+50 N , ,20 .30

3<::ON 20< 11K 11K IlK

3+00 N 3<50 N 4.5 J .8 3.'

4.8 , 3.,8 4.7

+.9 4.2 . j;'

5 A......., Ul' U

(,.2 "~ 4.8 ~ ~ , 2 5.\

3+00 N 3<5ON .30 .20 .30 .30

4+:0 N

'4K 17K "K 19K '''' 2690

4<OON ;'50 N

4.9 4.9 5.1 4.7 U 4.2 4.7 1.2

u

4.8- ' 4.1' " . 4'.5

4<OON #::ON 5+00 N , .30 .30 .30 .20 ,3D .:;0 . 3D .20

687

6+00 N

.90 .20 .40

6+00 N

.20 .10

NC 50

o

-50

n=1

n=2

n==4

1'1=5

1'1=6

n=1

" ; 2

n=3

n=4

n=5

1'1=6

~o

,

RES r lOOK

I f I

~ 1000

I f I

~-50 L 10

TOPOG RAPH Y

RES I STIVITY (OHM-M)

CHARGEAB ILITY (msec)

INTERPRETAT ION

NO RMALIZE D CHARGEABILITY

,=1 NC =CH'9. 58/S0RT(Resis)

1'1:::: 2

n=J

1'1=4

1'1:;5

n=6

Line 10+00 E Pole - Dipole Array

a

, , , , ,

no

, , , , ' " plot poin t

a

a = 25 M

n = 1,2,3, 4, 5 , 6

:Jro fil ES N= 1

Logorithmic 1 1 5 2 3 5 7 5 Ie Conto urs "" "', ..

In st c Url21ts Rx Tx :

~LR E C-6 # 10S IR S GDD TX - 'SODW # 217 -jJ'JDA 2DOC 'II Ge1e'ctor :

F i eld Wor, by:Georges Til ik' , MEA

-= =

Strong ~ se re. IP .o00"10 ,Y( e.g> 0 > 0.7 ) o-ten with resls:lv:y ce:::rease

Probable IP gnemo" ( D. 7 > P > 0 . 4 ) Moderate, ooten VI thou: res,s\,v"y deere"se.

Possible IP onOllO y ( O.L > P > D. 2 ) Poorly defined, 10 "esistivlty fea:we

Weak I" 11 cre ose ( P < J . 2 ) close t8 rais e level - or ir nigh resis tivi ty

SCALE 1 :2500

Line 10+00 E

North American Palladium Ltd. Metals Exploration Division

Pickle

INDUCED POLARIZATION Tyko Property. Ontario Lake grid. Manitouwadge area

DOle: 06/02/11 WS. 42C/13 Irterp-eled by: Simo1 -soimbo lanc;c, eng.

GEOSIG INC

Page 73: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

RES l OOK...,

I ~ I

IP 50,

1

I

1

I

NC 50

~..--"" :. ~-..,......,..---,---------

1000~ 0 1 , _

_ -..... /. . . ____ -t _______ ....! _____ . __ -' _______ -' _ _ ___ -' _______ -.:' _ • ____ . __ -l __ . ___ - - -' - - - - -

o ~r~~~ __ ~ ___ ~~~~~-~-_-__ -_-'_-'_-~-__ -_-_-_-_-__ -~-_-_-~- ~-~-~-~-~-~-~-~-~~~~------------------------------------------------------------------------------~

I ~ I

1 1 1

lOJ -50~

TOPOGRAPH Y

RESISTIVITY (OHM- M)

CHARGEAB ILITY (msec)

INT ERPRETATION

NORMALIZED CHARGEAB I LITY

-50

n=1

n=2

n=3

n=4

n=5

n=6

n= 1

n=2

n=3

n=4

n=5

n=6

NC=CH.9 .58/ SQRT(Resis) n= 1

n=2

n=3

n=4

n=5

n=6

4+50 S

1553 1421

4+50$

U .70

4+50 S 1

.30 .10

1911

4-t{)O S 1

1404

4+00 S I

1.2 .20

4+00 S

.20

341<

3+50 S 1

20K

3+50 S 1

5.6 4.1

3+50 S I

.20 .20

3+fXlS 23K 17K

3+00 S I

3+00 S I

.20 .20

2+50 $ I

2-t{)O $ I

9446 88~ 41 10 6059

2+50 S I

l .5 3.7

2+50 S 1

. .10 • .10

2+00 S I

2.4 3.3

2+00 S I

.30 .40

18K

1+50 S 1

15K

1+50 S 1

5.4 5.1

1+50 S 1

.30 .30

16K

1100 S 1

8467

1+00 S 1

5.2 U

1+00 S 1

.30 .50

16K

0+50 S I

16K

0+50 S 1

5.3 5.7

0+50 S I

.40 .40

0+00 0+50 N I I

21 K 9196 7842 16K

0+00 0+50 N 1 I

5.5 5.1 4.9 5.8

0+00 0+50 N I I

.30 .50 .50 .40

1+00 N 1

5085 6982

1+00) N I

4.2

1+00 IN 1

.50 .50

1+50 N 1

10K 11 K

1+50 N I

5.5 5.1

1+50 N 1

.50 .W

141<

2+00 N 1

221<

2+00 N I

5.7 5.9

2+00 N 1

.40 .30

26K

2&K

5.7

. 5.7

5.&

.30

NC 50

o

1

r

~o

1 r I I

RES r 100K

I ~ I ~1000

I

~ I

-50 ~-50 L10

n=1

n=2

n=3

n=4

n=5

n=6

n=1

n=2

n=3

n=4

n=5

n=6

TOPOGRAPH Y

RESIST IVITY (OHM- M)

CHARGEAB ILIT Y (msec)

INTERPRETAT ION

NORMA LI ZED CHARGEABIL ITY

n=1 NC=CH*9 . 58/ SQRT(Resis)

n=2

n=3

n=4

n=5

n=6

Line 10+50 E Po le-Dipo le Array

o

, ,

no

/ /

o

, /

" // / 0 = 25 M , /

~ n = 1, 2,3 ,4 ,5,6 plot point

Profiles N=1

Loga rithmic 1 1 5 2 3 Contours ,.. , ' 5 , 7.5 , 10, ..

Instruments Rx Tx:

EL~EC - 6 # 108 IRIS GDD TX-1800W # 217 HO NDA 2000 W Generator:

Fie ld Work by:Geocges Tiliki , MBA

- INTERPRETATION

Strong & sure IP anomoly( 0.9 > P > 0,7 ) often with resist ivity decrease

Probable IP ononraly ( 0.7 > P > 0 4 ) Modercte , cften without resistivity decrease.

Possible IP cronraly ( 0.4 > P > 0.2 ) Poorly defined , no resist ivity feature

Wea k IP increase ( :J < 0 2 ) close to no'se level - orr nigh reslstvity

SCALE 1 :2500

Line 10+50 E North American Palladium Ltd.

Metals Exploration Division

Pickle

INDUCED POLARIZATION Tyko Property. Ontario Lake grid. Ma nitouwadge area

Date: 06/02/11 NTS.: 42C/13 Interpreted by: Simon Tshimbolonga, eng.

GEOSIG INC

Page 74: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

RES 100K

l

IP so_

I

I 1 I

10001 I

O..! I

J I

I

1 I

10J I

- 50..!

TOPOGRAPHY

RES I STIVITY (OHM-M)

CHARGEABIL ITY (msec)

IN TERPRETAT ION

NORMALIZED CHARGEABI LITY

NC=CH*9 .58/SQRT(Resis)

NC 50

o f-.

- 50

n=1

n~2

n=3

n=4

n=5

n~6

n=l

n~2

n=3

n~4

n~5

n~6

n=1

n ~2

n=3

n=4

n=5

n=6

f- --:- _ /

4+50 S I

194 194

4+50S I

- .50 - . 20

4+50 5 I

-.40 -.20

-~ . - ' . ---, I . -----.:..... .,.-/ ~ , ---- - - - -- ----- ..,,------

. ... ' .. , . . .. ,--:-- ..... ' '-'-'-'~'~'~-~'~ ' -----:------.:..--- - ----- . .-j .

NC 50

-I

RES ,l OOK

J<. - - - - '- - -.- - - - -'- - - - - - - -'-- ---------~-------~---------- ------------~----------------------------- 0 I LO

I r I r1DDO

---­/.----c

4-I}XJS 512 855

1.9

.80

4+00S I

4+005 I

3+50 S I

28K 19K

3+50 5 I

5.1 U

3+505 I

.20 .30

~S I

19K 13K

~5 I

4.9 3.4

3+00 5 I

.30 .20

2+50 S 2-tOO S I I

25K 7839 8925 711 B

2+50 5 I

J.8 1.8

2+50 S I

.20 .10

2+005 I

3.6 2.9

2-tOO 5 I

.30 .30

1+50 S I

15K 22K

1+50 5 I

U 4.4

1+00 S I

37K 19K

1+00 5 I

5.7 U

O+50S I

16K 18K

0+505 I

4.9 6.1

0t00 I

11K 11K

0t00 I

5.3 5.1

0+50 N 1+00 N I I

760B 8886 8317 12K

0+50 N I

4.5 5.3

1+00 N I

5.1 6.1

1+50 N I

17K 18K

1+50 N I

5.9 4.5

2+00 N I

13K 22K

2+00 N I

4.7 4.9

14K

4.8

5.7 \4 .5 ,\4,:9" 6.1 5,.3 . 5. ~ ~ 4.5 d .3 5.1 6.1 . 5.9 ( 4.5 , U , ' .·U 4,8

5.4 j." 4:,j;i:),.'.4;9,,:-::;:- 56 5.~ :, 5',2 \ ' P :;' 5 .. 6 5.>4 U ~ ~ 4.5

, 5,4 4J c."< 4,2' ·'j~''f~. 9' \ 5.7 " 5.t ' 5 :. U ' 5.6 ' \j0f ',' " ~ . J 5.6 5.7 ' 5.3 i \" .,-J '\ "'/;~ , I "5 4'.~ '

~3:3 ~5 :~; ~\. }: i./ 4.8 \ 5.7 . 5.3 \ ." 5.>4 ' {,i · . 5.7 5.7 5.1

.8 :, 3.? · U , q ,':)' >4,:' ,. 4 'U,,- , 5.7 5.2 o.:··, U 5. 1 5.2 5.7 5.4 " y . " ,\ , \ \

J ' 3.5 ' .. \ 4.8 ' 4,g . 4.9 4.1 U S.6 5.2 4.7 .4.'1 5.S· 5.1 S.6

1+50 5 1+00 5 0+505 0t00 0+50 N 1+00 N 1+50 N 2+00 N I I I I I I I I

.30 .20 .20 .30 .30 .40 .40 .40 .40 .50 .50 .50 .40 .30 .30 .30 .30

-50

n~1

n~2

n~3

n ~4

n~5

n~6

n~l

n~2

n=3

n~4

n=5

n~6

L I I I L-50

I r I L10

TOPOGRAPHY

RES I STIVITY (OHM-M)

CHARGEABILITY (msec)

INT ERPRETAT ION

NORMALIZED CHARGEAB ILITY

n= l NC=CH*9. 58!SQRT(Resis)

n~2

n~3

n~4

n~5

n=6

Line 11 +00 E Po le- Dipol e Array

o no o

, /

" /;' , / , / , /

' d/ plot point

o = 25 M

n = 1, 2,3,4,5,6

Profiles N= 1

Logarithmic 1 1 5 2 3 5 7 5 10 Contours ,.,",., , ..

l'lstrum ents Rx : ELREC-6 # 108 IRIS Tx : GDD TX-1800W # 217

Gene rator: HONDA 2000 W

F i e d Work b y:Georges Tiliki, MBA

- INTERPRETATION

Strong & sure IP onomoly( 0 .9 > P > 0 .7 ) often with resistivi ty decrease

Prooab le IP anomaly ( 0 .7 > P > 0. 4 ) ~1o de rcte, often win-' out resistivity decrease .

Possible IF onor-a ly ( 0.4 > J > 0.2 ) Poorly defi ned, no resistivity feature

Weak IP increase ( P < 0.2 ) close to noise level - or in high res istivity

SCALE 1 :2500

Line 11+00 E

North American Palladium Ltd. Metals Exploration Division

Pickle

INDUCED POLARIZATION Tyko Property, Ontario Lake grid, Manitouwadge area

Dote: 05/02/17 NTS.: 42C/13 Interpreted by: Simon Tshimbalanga , eng.

GEOSIG INC

Page 75: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

RES 100K_

I J I

1000J

I J I

IP 50_

I

O.J

J I I I

NC 50

o

10J - 50 -.1 -50

TOPO GRAPHY

RES I STIV ITY (OHM-M)

C HARG EAB I LlTY (msec)

IN TERPRETAT ION

NORMALIZ ED

n=l

n=2

n=3

n=4

n=5

n=6

n=l

n=2

n=3

n=4

n=5

n=6

C HARG EAB I LITY NC=CH*9 .58/SQRT(Resis) n=l

n=2

n=3

n=4

n=5

n=6

---- ----./ --------....

NC 50

RES _lOOK

./ ./ -------~-~~---------

I l I

./ ~ --- - - - - '- - - - - - - - '- - - - - - - - '- - -

1----

4+505 4+00 5 I

3+505 I

3+00 S I

655 552 95B 1627 7432 J2K 24K 22K

655 _ , _, 55l.::!.;/ 958 _ 1627 I (V:iJ.'{':.-"~2K .... 24K ' , 22K , //~ \.~~ . , \ '\ i'. I

1524 - 1452 / 2480 :( 1373 ~55~ 34K" (161( ,

~2698 2~ <..,. 1197 ~~ ~ 37K "'-

I n. ' \ ) '-..... \~"'i).'~ , ~~ , 2273 ' 1811 , 141~ ~ ~7 ' ~J9K . \ . ,""-..} ~ "

3659 \ 1995' ':'-' ' 2026 1499 8 ~ ~

3m 2m \039 1563~' EC1119

4+505

1. 1 -.4Il

4+50 5 I

.4Il ·.20

4+00 5 I

.70 1.1

4+005 I

.20 .20

3+505 I

5.4

.3+50S I

.4Il ,20

3+00 5 I

5.2

3+00 5 I

.30 .30

21K

2+50 S I

10K

2+50 5 I

5.2 3.4

2+50 S I

.30 .30

. -

2-100 S I

1+50 S I

8202 9767 5672 54110

2+00 S 1+50 S I I

2.9 3.4 4.4

2+00S 1+50 5 I I

.30 .30 .20 .50

- - - ------ -- - --------- - ------------ -- --- -- --- - -- 0 I

LO L1000

1+00 5 Ot50S 0t00 Ot:;;) N 1+00 N I I I

11K 8532 85J9 6565 8+44 6119 10K 14K mB 16K

1+00 S Ot50 S 0t00 Ot50 N 1 +{X) N I I I

3.5 3.3 4.4 5.2 4.5 5.6 6.7 6.3

I "'"' I

1+00 5 Ot50 S Q+{X) Ot50 N 1+{x) N I I I I

.30 .30 .40 .50 .50 .50 .50 .40 .70 .40

1+50 N 2+00 N

19K 17K 131( 11K

1+50 N 2+00 N I I

5.5 4.9 4.8 4.4

1+50 N 2+00 N I I

.30 .30 .40 . :SO

10K

.40

-50

n=l

n=2

n=3

n=4

n=5

n=6

n=l

n=2

n=3

n=4

n=5

n=6

I

I

l I

I

L-50 L1 0

TOPOGRAPHY

RES ISTIV ITY (OHM- M)

CHARG EAB ILITY (msec)

INTERPRETATION

NORMALIZED CHARGEABI LITY

n= 1 NC=CH*9. 58/SQRT(Resis)

n=2

n=3

n=4

n=5

n=6

Line 11 +50 E Pole-Dipo le Array

a no a

, / , / , / , / , / , I , /

,,/ plot point

o = 25 M

n = 1 ,2,3,4,5,6

Profi les 1\ = 1

Logarithmic 1 1 5 2 3 5 7 5 10 Contours ,.,", . , , .

Ins t ruments Rx Tx

Generato r:

ELREC- 6 # lOS I ~IS GOD TX - 1S00W # 217 HOND A 2000 W

Field Wo rk by:Georges Tilik i , MBA

- I'HERPR ETATION

S rang & sure P anomaly( 0 .9 > P > 0.7 ) often w'tr resistiv ity decrease

Probab le IP anomaly ( 0.7 > P > 0. 4 ) Moderate, oiten without resistivity decreose .

Possible IP onomaly ( 0. 4 > 0 > 0.2 ) Poo rly defined, no res ist'vity feature

Weak IP ircrease ( P < 0.2 ) close to noise leve - or in 1'gh resis tivity

SCALE 1 :2500

Line 11 +50 E

North American Palladium Ltd. Metals Exploration Division

Pickle

INDUCED POLARIZATION Tyko Property I Onta rio La ke grid I Manitou wadge area

Date: 06/02/1 1 ~JTS . : 42C/ 13 Interoreted by: S'mcn Tsh'mbalangc , eng .

GE OSIG INC

Page 76: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

NC RES lOOK,

IP so_

I I I

J

50_ --,-,--.-'-'-,-r-r-'-'--r-r-'--r-r-,-'--r-r-'--r-r-'-'--r-'-'--r-.-'-'-'~--r-'-'--r-'-'-'--r-r-'--r-r-'-'--r-.-'--r-'-'-'--r-.-'--r-r-'-'--r-r-'-'--r-'-'-'~'-'-'--r-'-.-'--'-'-'--r-". -,-.-.

I j

I 1000~

I j I

I

OJ I I I

J I I

lOJ - 50J

TOPOGRAPHY

R ESI ST IVI TY (OHM-M)

CHARGEABILITY (msec)

IN TERPRETATI ON

NORMALIZED C H A R G E A B I L I TY

-50

n=1

n=2

n=3

n=4

n=5

n=6

n=1

n=2

n=3

n=4

n=5

n=6

NC=CH.9.58/SQRT(Resis) n= 1

n=Z

n=3

n=4

n=5

n=6

3558

1. 4

.1{)

3521

7+50 S

7+50 S I

1.4 1.4

7+50 S , .lO .40

1300 2175

7+00 S

1.7

7+00 S I

.50 .30

5417

6+50 S , 3310

6+50 S I

2. 1 2.4

6+50 S I

.20 .lD

1035 616

6+00 S I

. \!(\ 1.5

6+00 S

.20 .50

;

5+50 S

658 567

5+50 S , 2.5

5+50 S

.80 .30

5+00 S , 713 604

5+00S I

1.1

5+00S , .30 .lD

575

1.1

4+50 S , 846

4+50 S I

4+50 S I

.40 .lD

4+00 S , 1001 2014

4+00 S , 1.1

4+00 S I

.lD .1{)

,

4217

3+50 S I

12K

3+50 S I

1.7 5.2

3+50 S I

.1{) .lD

,

39K

3+00 S , 31K

3+00 S I

5.7 5.9

3+00 S , .20 .lO

16K

2+50 S , 11K

2+50 S , 5.4 3.B

2+50 S

.40 .lD

;

2+;00 S 5176

2+00 S •

3.B 2.B

2+00 S , .lD .lD

,

7613 3636

1+50 S •

3.1 2.5

1+50 S , .lD .lO

,

1-+00 S 101( 11K

1+00 S , U 4.4

HOOS

.40 .lO

,

Dt50 S 0.,00

5411 11430 HI( 12K 11K 11K

0+50 S 0.00 o.50N , , , 3.1 3.7 3.9 U H 5.4

0+50 S 0+00 o.50N , , .40 .30 .lD .lD .lD .40

14K

1+00 N

16K

1+00 N

5.3

1+00 N I

.40 .lO

,

17K

1+50 N

12K

1+50 N I

5.5 4.1

1+50 N I

.40 .30

17K

5.1

2+00 N

4549

2+00 N I

2+00 N

.lD .40

11K

.lD

NC 50

o

-50

n=1

n=2

n=3

n=4

n=5

n=6

n=1

n=2

n=3

n=4

n=5

n=6

I

LO I I

,

RES r 100K

I ~ I ~ 1000

I

I

!-- 50 I LlO

TOPOGRAPHY

RES I STIVITY (OHM-M)

CHARGEAB IL ITY (msec)

INTERPRETATION

NORMALIZED CHARGEABI L ITY

n=1 NC=CH.9 . 58/SQRT(Resis)

n=2

n=3

n=4

n=5

n=6

Line 12+00 E Po le-Dipole Array

o

, , , , , ,

no

/ /

a

// a = 25 M

' 11' / n = 1,2,3,4,5,6 plot point

Profiles N=~I

Logarithmic 1 1 5 Contours . , 2, 3. 5. 7.5. 10 . . .

Instrunen,s Rx Tx

Generator:

: ELREC-6 # 108 IRIS GDD TX -1 8COW # 217 H::::ND,L\ 2000 W

Fie l d Work by:Georges Tiliki . MBA

- INTE RPR ETf.TION

Strong & su re IP anomaly( 10.9 > P > 0.7 ) after with resistivity decrease

probable IP a~omqly ( O. 7;>P > 0.4 ) I/odera:e. often without resllstlvlty decrease .

Possible IP anomaly ( 0.4 ;, D > 0 .2 ) Poorly defined. nc resistivitw feature

Weak IP invease I( p < 0.2 ) close to nO ise level - or in 'high resistivity

SCALE 1 :2500

Line 12+00 E

North American PaliadiUlm Ltd. Metals Exploration Division

Pickle

INDUCED POLARIZATION Tyko Property. Ontariio Lake grid. Manitouwadge

Date: 06/02/14 1\ TS. 42C/13

area

11terpreted by: Simon Tshimbolan.ga. eng.

GEOSIG INC

Page 77: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

RES 100Kl

IP 50-,

I

i I

1000~

I

i I

I

0 ' ..,

10J -50":

TOPOGRAPHY

RES 1ST I V I TY (OHM-M)

CHARGEABILITY (msec)

INTERPRETATI ON

NORMALIZED CHARGEABILITY

NC=CH+9.58/S0RT(Resis)

NC 50

o

-50

n= l

n=2

n=3

n=4

n=5

n=6

n=l

n=2

n=3

n=4

n=5

n=6

n=l

n=2

n=3

n=4

n=5

n=6

---.------.------------- ----------------/ -- . /------- ~-~ / . -----_/

NC 50

I

RES r 100K

I

~ I ( e--- ~-------~---------- ~------- " -------~-----------------------~-------~------ 0 ~O ~ 1000

4+50 S I

1310 8.lB1

4+50 S , 1.5 5.B

4+00 5 I

19K 21K

4+00 S , 5.B 5.4

1 :~ 5.8 5.8 5.4.

. 2.~ ;;: 5.7 5.8 5.5

. ~~ '" 5.5 5.6

-h~ '" 2. r, . 5... 5.9

i.~lfi;>' 5 . 5 '2.5 "" 5.3

4+50 S 4-f{)() S , , .30 .60 .40 ,30

3+50 S , 27K 26K

3+50 S , 5.7 5.6

3tOO S , 13K 26K

3tOO S I

5.9 6.1

5.7 5.6 5.9 .. : 6:1

5.4 5.B 5.6

5.B @ ... 5.B 5.2

: a.s.t · ~ S.5 5.5

il ,,',,' "5.9 5.l . 5."

5.B s.4 . 5.3

3+50 S 3tOO S , , .30 .30 .W .30

2f50 S , 2ZK 13K

2+50 S I

u u

4. 9 U "

5.1 ~ ', 4.6 5.1 /4.9'

.j

5 (6 . 52

2tpO S 1+50 5

13K 6523 5671 5636

2+00 S , U 3.4

3'.6

3.9

1+50 S I

3.9 .

5.1 (;' \~::" U ',\.

5.2 \ . 4.6 U 5.2

2+50 S , .30 .30

2+005 I

.30 .40

4.3

1+50 5 , .40 .30

1+00 5 , 4091 15K

1+00 S , 3.2 5.4

0+505 , 13K 7971

D+5O S , 5 5.1

14K 16K

0+00 , 5.4 5.4

1BK 16K

0+50 N , 6.2 6.5

5.4 . .'S , : .5.1 5.4 5. 4 6.2 ·S . .5 '· "-....../ " l'

,' 4.9 :: .. 4.9 \" 5.4 5.4 5.5 ,6.1 ,. 5.4

3.5 . ~) '''' 4.9 ____ 5'\, 5.4 5.2 5.4

4. 7' " 7' . 5 5 ---C-- < . 56 ", ~ ' .. ",\ .

. +\1 5,' 4:9",,, ,.,5)

4.5 ' ~ . 7 : ~ . 9·' 5.2

1+00 5 O+50S 0+00 0+50 N , , , , .40 .40 .W .50 .40 .40 .40 .W

1+pD N 19K 19K

1+00 N , 5.1 U

1+50 N , 16K 1411

1+50 N , 4.1 3.9

5.1 . . 4.1 4.1 .'J.9 '. '" '- ' .. ""

2+00 N , 17K 9B06

2+00 N , 4.6 4.1

4.6 . 4.1

3.7: · 5.1 5.2~ 4.5

::,. :: " :: "~ :: ,,' ,. S.S 5. 7 5.4- 5.3

1+00 N , .30 .20

1~5O N , .30 .30

2~00 N , .30 .30

11K

4.5

4.5

.40

- 50

n=l

n=2

n=3

n=4

n=5

n=6

n=l

n=2

n=3

n=4

n=5

n=6

I

I

~ I

~-50 L10

TOPOGRAPHY

RESISTIVITY (OHM-M)

CHARGEABILITY (msec)

INTER P RE TATION

NORMALIZED CHAR G EAB I LlTY

n= 1 NC=CH*9. 58!SORT(Resis)

n=2

n=3

n=4

n=5

n=6

Line 13+00 E Pole-Dipole Array

a no a

, , ' , / , /

" / / a = 25 M , /

' of / n = 1 ,2,3,4,5,6 plot point

Profiles N=1

Logarithmic 1 1 5 2 :3 5 7 5 10 Contours .."., . , , ..

Instruments Rx : ELRE C-6 # 108 IR IS Tx : GOD TX-1800'N # 217

Generator: HONJA 2000 W

Feld Work by:Geor-ges Tiliki, MBA

- INTERPRETATION

Strong & sure IP anomaly( 0.9 > P > 0.7 ) often with resistivity decrease

Probable IP onomolv ( 0.7 > P > 0 4 ) Moderate, often wifhout resistivity decrease.

Possible IP anomaly ( 0.4 > P > 0.2 ) Poorly defined , no res ist ivity feature

Weak IP ncrease ( P < 0.2 ) case to noise eve - or in high res istivity

SCALE 1 :2500

Line 13+00 E North American Palladium Ltd.

Metals Exploration Division

Pickle

INDUCED POLARIZATION Tyko Property, Ontario Lake grid, Manitouwadge area

Date: 06/02/14 NTS.: 42C/13 Interpreted by: Simon Tshinbolanga, eng.

G EOSIG INC

Page 78: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

RES 100K_

I

J I

1000J

I

J I

-I

1

1

O...! I

I I

NC 50

o

lOJ I

-50...! -50

TOPOG RAPH Y

RESISTIVI TY (OHM-M)

CHARGEABILITY (msec)

IN TERPRETATION

n= l

n=2

n=3

n=4

n=5

n=6

n=1

n=2

n=3

n=4

n=5

n=6

NORMALIZED CHARGEABILI TY

NC=CH*9 .58/SQRT(Resis) n= 1

n=2 n=3

n=4

n=5

n=6

--- -----------

8@ S 7+50 S I

7@ S I

1118 565 411 581 628 855

8iOO S 7+50 S 7+00 S I I

,so .80 2,7 1.5 1.7 1.5

8@ 5 7+50 S 7+00 S I I

.10 .30 1.2 .SO ,60 ,40

5+:1) 5 I

766 1062

1.1

5+50 S I

I.J

5+50 S I

,30 .30

----------

&tOO S I

5+:1)S I

5+pOS 1051 810 496 4ai 623 995

&tOO S 5+:1) S 5iOO S I I I

1.3 1.3 1.1 ,80 .60

&tOO 5 5+50 5 5iOO S I I I

.30 .40 .40 .40 .30 .10

---------------- -~---- " ---- '/' , --- ----~--, ' // "'---- ' . _/ ' , , : ' , " ": " " ,-,- , : ' , , , , , , : ' , . ' , , , : '-...:../"~, -:----....,--/ ~----../" ----------------------'---_.

4+:il S I

2199 12K

4+:il S I

1.5

4+505 I

.30 .30

4-!()() 5 I

15K 23K

4-!()() S I

3,8 4.7

4-!()() S I

.30 .20

3+50 S I

44K 28K

3+50 S I

5,6 5.9

3@ S I

28K 28K

3-!()() S I

5 ,B

5.6 5.9 , .';l ' 7' ,':c"O "5,8,

5 5.'~·'·':' i;~.8 5.5 . 5 ,9 , 5. 5

, " 5j ;" ' 5.6

, 5 .~ ; 5,.8

5.3:'" 5.5

3+50 S 3@ S I I

.20 .30 .40 .30

---------------------

2+50 S I

20K 23K

2+00 S II

4.4

2+50 S I

.30 .20

17K 70/5

2-!()() S I

5.2 3,3

2@ S I

.30 ,30

1 +:1) S I

5755 2502

3.7

1+50 S I

4.4

1+:1) S I

.40 ,80

lIoo 5 I

2549 4264

1+00 S I

2.1 2.8

1+00 S I

.30 .40

--- ~ -------------

O+:il S I

28K 26K

5.6

O+:il S I

4,1

O+:il S I

.30 .20

0tC0 I

33K 14K

0tC0 I

4,9 5.1

0tC0 I

.20 .30

-------~-------~

O+:1)N I

l@N I

13K 22K 251< 20K

O+:1)N 1@ N I I

5.9 5.3

O+:1)N I@N I

.30 .30 .30 ,30

1+50 N I

30K 7477

5,5

1+50 N I

4,5

1+50 N

.30 .40

2@ N

15K 10K 17K

2-!()() N

4.9

4,3 , ' 4 ,9

3:9 I,

4.3

2-!()() N I

.30 .40 .30

NC 50

o

-50

n= 1

n=2 n=3

n=4

n=5

n=5

n=1 n=2

n=3

n=4

n=5

n=6

n=1

n=2

n=3

n=4

n=5

n=6

RES _l OOK

I l I

~O I

L 1000

I i' l I I

~-50

I LlO

TOPOGRAPHY

RESISTIVITY (OHM-M)

CHARGEABILITY (msec)

INT ERP RETATION

NORMALIZED CHARGEABILITY

NC=CH*9.58/ SQRT(Resis)

Page 79: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

RES 100Kl

I i I

1 000~

I i I

IP 50..,

I I

O ~ I

I 1 I I

NC 50

o

10J -50~ - 50

TOPOGRAPHY

RESISTIV ITY (OHM-M)

C HARG EAB I LITY (msec)

INTERPR ETAT ION

n=l

n=2

n=3

n=4

n=5

n=6

n=1

n=2

n=3

n=4

n=5

n=6

NORMALIZED CHARGEABILITY

NC=CH .. 9.58/SQRT(Resis) n=l

n=2

n=3

n=4

n=5

n=6

..,.------­-~ . /' -./ . . . "----- . . --~, -, --~-- . ---~---~------------..'----- /'~ ......... ~---~/ . ,_ .......... ~~. .. . .. . .... . ... . .. . .

658

658

/ / -

4+50 5

6112

4+50 S I

-1.J 2.8

IP-8

4+50 S I

- .50 .30

- ---- --------~ ----- --~

19K

4.9

4+00 S I

8926

4+00 S

-WJO S I

.30 .40

28K

3+50 S I

31K

3+50 S

5.2

3+50 S I

.30 ,20

3+pOS 210 5

17K 16K 27K 9786

3+00 5 2+50 5 I I

5.3 4.9 3.6 4.1

3+00 5 2+50 5 I I

,30 ,30 ,20 ,30

---- --- -----~-- -----~----------

2+00 S 1+50 S I I

7362 7558 9500 4795

2-1()() S 1+50 5 I I

3.3 U 4.1

2-1()() S 1+50 S I I

,30 .40 .40 .SO

1+00 5 I

131< 6821

1+00 5 I

U 4.4

U M · ·1

3 .. 9

1+00 S I

.40 .50

0+505 I

5720 5585

0+505 I

3.2 3.9

O+50S I

.40 .40

• - - - - - - - ~ • • - - - - - - ..!, - - - - - - - ~ - - - . -- - - - -:. - - - -

0+<Xl I

21K 8179

0+<Xl I

5.1

5.1

5.5

5.8

-3.5 .

0+00 I

.lO .50

16K

5:4

0+50 N I

1+00 ~~ I

1+50 N I

14K 11K ' l1K 15K 21K

0+50 N 1+00 IN 1+50 N I

5.3 5.1 5.2

5,3,..' 5.1 . ·~5.2 ;'

S.4 · ' n ·.'s;s' ". 5.4 i '.8 '

5.8 ., 5.9 ' I, S.S: •. 5,3 5.7 '

'5:7 S.9 ,. 5.8

?9 ·5.8

5.9 5.8 ".' ~.;1~·. \

0+50 N 1+001 N I I

5,6

5 .5·\

5.6

1+50 N I

.30 .40 ,40 .40 ,40 .30

5.7

4.9

14K

2+00 N I

26K

2+00 N I

4.8 5.8

14K

4.8 , -" 5.8 ' / ,4,3

5,4. , , 5.i

6,2' 5.3

5.9

5.9

2+00 N

.30 .30 ,JO

NC 50

o

I

RES r 100K

I ~ I ~ 1000

I ~ I

-50 ~-50 L10

n=l

n=2

n=3

n=4

n=5

n=6

n=l

n=2

n=3

n=4-

n=5

n=6

TOPOGRAPHY

RES I STIVITY (OHM-M)

CHARGEABILITY (msec)

IN TERPRETATIO N

NORMAL IZED CHARGEABILITY

n=1 NC=CH*9. 58/SQRT(Resis)

n=2

n=3

n=4

n=5

n=6

Line 15+00 E Pol e-D ipole Array

a no a

, / , / , / , /

, / 0 = 25 M , /

' ./ n = 1,2,3, 4,5 , 6 plot point

Profiles N== 1

Logarithmic 1 1 5 2 Contours ",,3, 5, 7,5, 10 , ..

Instruments Rx Tx:

ELREC-6 # 108 IR IS GDD TX- 1800W # 2 17 HONDA 2000 W Gene rator:

Field Work by:Georges Ti li k i , MBA

- I\jT E~PRETATIO N

Strong ?£ sure, Ip ,onomoly( 0.9 > P > 0,7 ) often With resistivity decrease

Probable IP oncmqly ( 0 .7 > P > 0.4 ) Moderate , often WI(hout resistivity decrease.

Possible IP anomaly ( 0.4 > P > 0.2 " Poorly defined, na resist ivity feoture )

Weak IP increose ( P < 0,2 ) close to nOise level - or in high resistivity

SCALE 1 :2500

Line 15+00 E North American Palladium Ltd.

Metals Exploration Division

Pickle

INDUCED POLARIZATION Tyko Property, Ontario Lake grid. Manitouwadge area

Date: 06/02/14 NTS,: 42C/13 Interpreted by: Simon Tshimbalongo , eng.

GEOSIG INC

Page 80: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

RES lOOK_

I J I

IP 50,

lOOoJ

I

J I

0":

I

lOJ -50-'

TOPOGRAPHY

RES I STIVITY (OHM-M)

CHARGEABILITY (msec)

INTERPRETATION

NORMA LI ZED CHARGEABIL ITY

NC=CH.9.58/SQRT(Resis)

- 50

n=1

n=2

n=3

n=4

n=5

n=6

n=1

n=2

n=3

n=4

n=5

n=6

n= 1

n=2

n=3

n=4

n=5

n=6

518

.40

414

7+~ 5 I

655

7+~S I

1.2 . 41)

7+50 S I

.50 .10

,

7+00 5 , 911 915

7+00 5 , 1.2

7+00 5 I

.JO .60

I j

&+~5 , 67Z 312 491 552 625

6+~S &+00 S 5+50 S I I I

1.8 1.5 1. 1 - .10 1.9

&+505 &+00 5 5+50 S I I

.6<1 .10 .40 . 41) -.10 .70

, ,

5+005 , 1211 180

5+00 S I

I.l

5+00 S I

.50 .40

664

,

4+50 5

1011

4+50 S I

I.l 1. 5

4+50 5 I

.40 .41)

1693

4+00 5

2328

4+00 S I

I.J 1.6

4+00 S I

.JO .JO

,

19K

,

3+~5 , 16K

3+50 S I

5.8 5.4

3+50 S I

.40 .40

20K

,

3+00 5 , 14K

}+OOS I

4.7 4 .5

3+00 S I

.30 .JO

,

19K

2+~5 I

10K

2+50 S I

4.7 4.8

2+50 S

.JO .JO

,

2+fXl 5 13K 15K

2+00 S I

U 5.3

2+00 S I

.JO .41)

;

19K 15K

1+50 S j

5.6 4.4

1+50 S I

.JO .JO

,

9922 8869

1+00 S I

3.5 4.7

1+00 S

.30 .41)

,

()t,~ 5

8526

D+pOS 3.9 3.2

3:2

4.4

7181

()too ,

()too I

11K

3.3 5.4

., 3.3 , . 5.4

14K

5.9

5.9

~N , 18K

~N I

I 4.7 5.5 . 5.3 6.5 .

4. j , \ ~.2 H 5.3

1 .• 7. • 4.6 ~ 5.6 , ~.1 U U 4.6 U~4

U 1.2 4.1 U U 5.1

~S I

0t00 , ()t50 N

. 41) .30 .JO .40 .1<1 .40

,

1+00 N

28K 18K

1+00 N I

16K

;

1 t~N I

11K

1+50 N I

6.9 4.4 5.6

~5. 6 .

:6.4;:< 5.5 5.9

6.6 5. 6

6:5 6.7 5.3

5.1 U 6.6 5.1

6.3 6.3

1+00 N 1+50 N , .JO .30 .41) .40

,

5.8

5.1

2+00 N

15K 12K

2+00 N I

5.8 5.2

. 5.8 5.2

5.8

5.6

5.7

5.5

2+00 N , .40 .JO

-50

19K

. 11K n=1

5.1

5.1

.JO

n=2

n=3

n=4

n=5

n=6

n=1

n=2

n=3

n=4

n=5

n=6

n=1

n=2

n=3

n=4

n=5

n=6

I

RES _ lOOK

I l I L1000

I

~-50

I LlO

TOPOGRAPHY

RES IS TI VITY (OHM-M)

CHARGEABIL ITY (msec)

INTERPRETAT ION

NORMAL IZ ED CHARGEABILITY

NC=CH.9 .58/SQRT(Resis)

Line 16+00 E Po le-D ipo le Array

a no o

, / , / , /

" // 0 = 25 M , /

./

plat point n = 1,2,3,4,5,6

Profiles N=1

Logarithmic 1 Contours 1.5 , 2, 3, 5, 7.5, 10, . .

InstrJrnents Rx Tx

Generctor :

: ELREC-6 # 10e GOD TX-18DOW # HONDA 2000 W

IR IS 21 7

F ie ld Work ~y:Ge~rges Ti l ki, MBA

- INTERPRETATION

Stronc & sure IP anomoly ( 0.9 > P > 0.7 ) often "\lith resistivity decrease

Probable IP anomaly ( 0.7 > P > 0.4 ) Moderate, after without resist ivity decrease.

Possible IP anoma ly ( 0.4- > P > 0.2 ) Poorly defined, no 'esistivdty feature

Weo'. :J inc.'ease ( P < 0.2 ) close to nOise level - or im high resiSlivity

SCALE 1 :2500

Line 16+00 E North American Palladium Ltd.

Metals Exploration Dlivision

Pickle

INDUCED POLARIZATnoN Tyko Property, Onta rio Lake grid, Monitouw<cdge

Dee: 05/C2/14 NTS . 42C/13

area

In:erp'eted by: Simon Tshi--rbolcnga, eng.

GEOSIG INC

Page 81: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

® Ontario Ministry of Northern Development and Mines

Drill Hole Summary Sheet

OffIce Use Only Folder Identification Number

DRILL HOLE IDENTIFICATION Name of Claim Holder or Mining Land Holder

John Temowesky, Lloyd Halverson, Brian Mealey Company Hole Identification Number

TK-06-001

CO-ORDINATE INFORMATION Indicate method used to obtain drill hole location co-ordinate:

Drill Hole Identification

MNDM Core Library Identification (OffIce Use Only)

o Don't know III GPS reading (Geographic Positioning System) 0 MNDM CLAIMaps system o NTS 1 :250,000 map 0 NTS 1 :50,000 map 0 Ontario OBM Series map o Paper claim map 0 Sketch map 0 Surveyed co-ordinates o other

DRILL HOLE COLLAR LOCATION CO-ORDINATES Collar Location Co-ordinates. You may provide co-ordinates in UTM or Latitude and Longitude

Datum NAD 27 or 83 NAD83

Zone 15,16, 17 or 18 Zone 16

UTM Easting 605366 mE

Northing 5420361 mE

Latitude and longitude data Latitude

(degrees/minutes/seconds or decimal values) Longitude

OTHER DRILL HOLE DATA Hole Type

Diamond Drill (examples percussion, diamond drill, underground)

Year Drilled 2006

Azimuth 135 DEC 1 1 2006

Dip -45

Length (metres) 132.8

GEOSCIENCE I\SS28S~,~:::~t: OFfle,': _--.J

Overburden Depth (metres) 4.4

ELEMENTS PRESENT ABOVE DEFINED THRESHOLD LEVELS o none III Nickel - at least 0.1 % o Silver - at least 35 grams per ton 0 Lead - at least 1.0% o Gold - at least 3000 ppb !lI Platinum group elements - at least 500 ppb o Gold - between 500 and 3000 ppb 0 Zinc - at least 0.25% III Copper - at least 0.1 %

TYPE OF LOGS ASSOCIATED WITH THIS DRILL HOLE o none 0 geochemistry o geophysics !lI geology 0 geochronology o petrography

"Mining Lands Website: http://www.mndm.gov.on.ca/mndm/minesliands/defauICe.asp ..

0205E (0112006) @Queen's Printer for Ontario, 2006

Page 82: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

® Ontario Ministry of Northem Development and Mines

DRILL HOLE IDENTIFICATION Name of Claim Holder or Mining Land Holder

John Temowesky, Lloyd Halverson, Brian Mealey Company Hole Identification Number

TK-06-002

CO-ORDINATE INFORMATION Indicate method used to obtain drill hole location co-ordinate:

Drill Hole Summary Sheet

Office Us. Only Folder Identification Number

Drill Hole Identification

MNDM Core Library IdentifICation (OffIce Us. Only)

o Don't know III GPS reading (Geographic Positioning System) 0 MNDM CLAIMaps system o NTS 1 :250,000 map 0 NTS 1 :50,000 map 0 Ontario OBM Series map o Paper claim map 0 Sketch map 0 Surveyed co-ordinates o other

DRILL HOLE COLLAR LOCATION CO-ORDINATES Collar Location Co-ordinates You may provide co-ordinates in UTM or Latitude and Longitude

Datum NAD 27 or 83 NAD83

Zone 15, 16, 17 or 18 Zone 16

UTM Easting 605446 mE

Northing 5420429 mE

Latitude and longitude data Latitude

(degrees/minutes/seconds or decimal values) Longitude

OTHER DRILL HOLE DATA Hole Type

Diamond Drill (examples percussion, diamond drill, underground)

Year Drilled 2006 RECEIVEDl

Azimuth 135

Dip -45

Length (metres) 125

DEC 1 1 2fJ06 I ~

GEOSCII:':NCE 1\ ~C'!':'~t"t"I1~~"i""' I I;:; • f·;"JO~~';;J',; ... i\i I OFFle Overburden Depth (metres) 4.4

ELEMENTS PRESENT ABOVE DEFINED THRESHOLD LEVELS o none III Nickel - at least 0.1 % o Silver - at least 35 grams per ton 0 Lead - at least 1.0% o Gold - at least 3000 ppb III Platinum group elements - at least 500 ppb o Gold - between 500 and 3000 ppb 0 Zinc - at least 0.25% III Copper - at least 0.1%

TYPE OF LOGS ASSOCIATED WITH THIS DRILL HOLE o none 0 geochemistry o geophysics III geology 0 geochronology o petrography

"Mining Lands Website: http://www.mndm.gov.on.ca/mndm/mines/lands/defaul.-e.asp ..

0205E (01/2006) @ Queen's Printer for Ontario, 2006

Page 83: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

® Ontario Ministry of Northern Development and Mines

DRILL HOLE IDENTIFICATION Name of Claim Holder or Mining Land Holder

Lac des lies Mines Ltd.

Drill Hole Summary Sheet

OffIce Use Only Folder Identification Number

Drill Hole Identification

Company Hole Identification Number TK-06-003

MNDM Core Library Identification (OffIce Use Only)

CO-ORDINATE INFORMATION Indicate method used to obtain drill hole location co-ordinate: o Don't know III GPS reading (Geographic Positioning System) 0 MNDM CLAIMaps system o NTS 1:250,000 map 0 NTS 1:50,000 map 0 Ontario OBM Series map o Paper claim map 0 Sketch map 0 Surveyed co-ordinates o other

DRILL HOLE COLLAR LOCATION CO-ORDINATES Collar Location Co-ordinates You may provide co-ordlnates in UTM or Latitude and Longitude Datum NAD 27 or 83 NAD83

Zone 15,16, 17 or 18 Zone 16

UTM Easting 604523 mE

Northing 5421692 mE

Latitude and longitude data Latitude

(degrees/minutes/seconds or decimal values) Longitude

OTHER DRILL HOLE DATA Hole Type

Diamond Drill (examples percussion, diamond drill, underground)

Year Drilled 2006

Azimuth 195

DEC 1 1 L:Uuo Dip -45

Length (metres) 200

Overburden Depth (metres) 7.65

ELEMENTS PRESENT ABOVE DEFINED THRESHOLD LEVELS o none III Nickel - alleast 0.1 % o Silver - at least 35 grams per ton 0 Lead - at least 1.0% o Gold - at least 3000 ppb 0 Platinum group elements - at least 500 ppb o Gold - between 500 and 3000 ppb 0 Zinc - at least 0.25% [lJ Copper - at least 0.1 %

TYPE OF LOGS ASSOCIATED WITH THIS DRILL HOLE o none 0 geochemistry o geophysics [lJ geology 0 geochronology o petrography

"Mining Lands Website: http://'MtNl.mndm.gov.on.ca/mndm/minesllands/defaul,-e.asp''

0205E (0112006) @ Queen's Printer for Ontario, 2006

Page 84: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

® Ontario Ministry of Northern Development and Mines

DRILL HOLE IDENTIFICATION Name of Claim Holder or Mining Land Holder

Lac des nes Mines Ltd. Company Hole Identification Number

TK-06-004

CO-ORDINATE INFORMATION Indicate method used to obtain drill hole location co-ordinate:

Drill Hole Summary Sheet

OffIce Use Only Folder Identification Number

Drill Hole Identification

MNDM Core Library Identification (Office Use Only)

o Don't know III GPS reading (Geographic Positioning System) 0 MNDM CLAIMaps system o NTS 1:250,000 map 0 NTS 1:50,000 map 0 Ontario OBM Series map o Paper claim map 0 Sketch map 0 Surveyed co-ordinates o other

DRILL HOLE COLLAR LOCATION CO-ORDINATES Collar Location Co-ordinates You may provide co-ordinates In UTM or Latitude and Longitude

Datum NAD 27 or 83 NAD83

Zone 15, 16, 17 or 18 Zone 16

UTM Easting 604499 mE

Northing 5421608 mE

Latitude and longitude data Latitude

(degrees/minutes/seconds or decimal values) Longitude

OTHER DRILL HOLE DATA Hole Type (examples percussion, diamond drill, underground) Diamond Drill r---------,-------------..... ~ Year Drilled

2006

Azimuth 017

Dip -45

I

I DEC 'I

Length (metres) 143 GEOS~ENCEASS~SS~:N7' OF i Overburden Depth (metres) 4

ELEMENTS PRESENT ABOVE DEFINED THRESHOLD LEVELS o none !ll Nickel - at least 0.1 % o Silver - at least 35 grams perlon 0 Lead - at least 1.0% o Gold - at least 3000 ppb 0 Platinum group elements - at least 500 ppb o Gold - between 500 and 3000 ppb 0 Zinc - at least 0.25% [l] Copper - at least 0.1 %

TYPE OF LOGS ASSOCIATED WITH THIS DRILL HOLE o none 0 geochemistry o geophysics [lJ geology 0 geochronology o petrography

"Mining Lands Website: http://vmw.mndm.gov.on.ca/mndm/mines/lands/defaul,-e.asp''

0205E (0112006) © Queen's Pnnter for Ontario. 2006

Page 85: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

® Ontario Ministry of Northern Development and Mines

DRILL HOLE IDENTIFICATION Name of Claim Holder or Mining Land Holder

Lac des lies Mines Ltd.

Drill Hole Summary Sheet

OffIce Use Only Folder Identification Number

Drill Hole Identification

Company Hole Identification Number TK-06-005

MNDM Cote Library Identification (OffIce Use Only)

CO-OR DINA TE INFORMATION Indicate method used to obtain drill hole location co-ordinate: o Don't know III GPS reading (Geographic Positioning System) 0 MNDM CLAIMaps system o NTS 1 :250,000 map 0 NTS 1 :50,000 map 0 Ontario OBM Series map o Paper claim map 0 Sketch map 0 Surveyed co-ordinates o other

DRILL HOLE COLLAR LOCATION CO-ORDINATES Collar Location Co-ordinates. You may provide co-ordlnates in UTM or Latitude and Longitude Datum NAD 27 or83 NAD83

Zone 15, 16, 17 or 18 Zone 16

UTM Easting 604466 mE

Northing 5421616 mE

Latitude and longitude data Latitude

(degrees/minutes/seconds or decimal values) Longitude

OTHER DRILL HOLE DATA Hole Type

Diamond Drill (examples percussion, diamond drill, underground)

Year Drilled 2006

Azimuth 015

Dip -45

Length (metres) 110

Overburden Depth (metres) 4.6

ELEMENTS PRESENT ABOVE DEFINED THRESHOLD LEVELS o none [lJ Nickel - at least 0.1 % o Silver - at least 35 grams per ton 0 Lead - at least 1.0%

DEC 1 1 Z006

I GEOSCIENCE r;S~!ESS\' J!

... _____ ... O ... f_·· .... l!.,,;.'c ... {j ... · t""; .... '''""'','''''."..="'''.~J

o Gold - at least 3000 ppb [lJ Platinum group elements - at least 500 ppb o Gold - between 500 and 3000 ppb 0 Zinc - at least 0.25% Iil Copper - at least 0.1 %

TYPE OF LOGS ASSOCIATED WITH THIS DRILL HOLE o none 0 geochemistry o geophysics Iil geology 0 geochronology o petrography

"Mining Lands Website: http://www.mndm.gov.on.calmndm/mines/iands/default_e.asp ..

0205E (01/2006) C Queen's Printer for Ontario. 2006

Page 86: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

Appendix VII

.......... ,,, ECEIVED DEC 1 1 :WU6

GEOSCIENce ASSESSMENT OFFICE

Page 87: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEETS NORiH AMERiCAN PALLADIUM LiD LAC DES ILES MINES LTD.

PROPERTY: Tyko CLAIM NO.: 3012938 DOWNHOLE SURVEY METHOD: EZ Shot REMARKS: Testing IP anomaly and known surface showing.

HOLE NO.: TK06-001 LENGTH (m): 132.8 CORE SIZE: NQ DOWNHOLE SURVEY BY: Bradley Brothers Could not continue hole, rods kept getting stuck in

COORD SYSTEM: UTM zone 16 (nad 83) NORTHING: 5420361.000 EASTING: 605366.000 COLLAR SURVEY BY: D.Heerema fault. EZ Shot surveys: 137.2 az, -45.7 dip @11m; 142.0 az, -46.3 dip @127m.

SECTION: N/A ZONE: N/A ELEVATION (m): 356.000 DRILLING COMPANY: Bradley Brothers-

COLLAR ORIENTATION (AZIMUTHIDIP) : PLANNED: 135.0/-45.0 SURVEYED: 1 DATE LOGGED: Mar. 15, 2006 ~T51 Mar. 16,2006 Core Storage: Tyko property

HOLE STARTED: March 14, 2006 HOLE FINISHED: March 16, 2006 MAG: 7.0o w LOGGED BY: D.Heerema £ 1/ .- Page 1 of 8

,,y~ ./ METE RAGE I ROCK I Alt'n Bx Matrix I " SAMPLES ASSAYS

FROM I TO I DESCRIPTION CODE Plag IPxr Comp Iprop'nl No. I FROM I

TO ILENGTHI %5 ICpy:Po Pd (gft) I Pt (gft) I Au (gft) I Cu (%) I Ni (%) I Co (%)

0.00 4.40 OVERBURDEN

COLOUR: N/A

GRAIN SIZE: N/A

PLAG (%): N/A

CPX (%): N/A

OPX (%): N/A

OTHER MIN. (%): N/A

Sand and boulders

4.40 5.49 AMPHIBOLITE SCHIST

COLOUR: Green-black

GRAIN SIZE: Fine-grained

PLAG (%): N/A

CPX (%): N/A

OPX (%): N/A

OTHER MIN. (%): N/A

Strongly foliated and schistose assemblage of fine green amphiboles and black to brown biotite. The foliation is approx 15 degrees to core axis with strong veinlets of massive, very soft biotite. Can easily be gouged by a finger nail.

Page 88: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEET NORTH AMERICAN PALLADIUM LTD LAC DES ILES MINES LTD.

LOGGED BY: D.Heerema SIGNATURE: PROPERTY: Tyko ZONE: N/A HOLE NO.: TK06-001 Page 2 of 8

METERAGE I I ROCK I Alt'n I Bx Matrix I SAMPLES I ASSAYS

FROM I TO I DESCRIPTION CODE Plag IPxrl Comp Iprop·nl No. I FROM I TO ILENGTHI %5 ICpy:Pol Pd (gIt) I PI (gil) I Au (gil) I Cu (%) I NI (%) I Co (%)

5.49 8.70 HORNBLENDITE hbl 001 5.49 6.50 1.01 tr 0.005 0.008 0.003 0.012 0.102 0.009

COLOUR: Green/greylblack hbl 002 6.50 7.30 0.80 tr tr:O 0.154 0.146 0.017 0.169 0.463 0.012

hbl 003 8.05 8.70 0.65 tr 1 :1 0.399 0.369 0.041 0.652 1.081 0.018 GRAIN SIZE: Fine to medium-grained

PLAG (%): N/A

CPX (%): N/A

OPX (%): N/A

OTHER MIN. (%): N/A

A fairly massive and speckled looking unit of greenish hornblende containing biotite booklets that cause the speckled appearance. As a whole, the unit is 60-70% hbl and 30-40% bioitite. The biotite is very common along fractures and joints. Very soft rock and well jointed at approximately 45 degrees to core axis. Trace to minor disseminated sulfides in the form of pyrite and chalcopyrite and possibly pyrrhotite. Very weak local magnetism.

7.30 - 8.05m: tonalite This is likely the matrix to a large breccia. This felsic section is white to pink in colour and contains little mafics. Only 15% of this rock type is fine biotite. No sulphides.

8.70 11.32 TONALITE

COLOUR: pinkish-white

GRAIN SIZE: fine to pegmatitic

PLAG (%): N/A

CPX (%): N/A

OPX (%): N/A

Page 89: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEET NORTH AMERICAN PALLADIUM LTD LAC DES ILES MINES LTD.

LOGGED BY: D.Heerema SIGNATURE: PROPERTY: Tyko ZONE: N/A HOLE NO.: TK06-001 Page 3 of 8

METERAGE I I ROCK I A1t'n I Bx Matrix I SAMPLES I ASSAYS

FROM I TO I DESCRIPTION CODE Plag IPxr I Comp IProP'nl No. I FROM I TO LLENGTHI %5 ICpy:Pol Pd (gft) I Pt (gIt) I Au (glt) I Cu (%) I NI (%) I Co (%)

OTHER MIN. (%): N/A

This unit is made up of an older and younger series of felsics. The older is a grey coloured fine-grained tonalite with a well defined foliation at 45 degrees to ca. This tonalite is approx 45% fine biotite, 25% qtz and 30% white feldspars with local orange k-spar. This tonalite has been later intruded by a more felsic-rich orange coloured granite. This granitic material contains much more k-spar and is variable in grain-size. The contacts of the intruding granitic material from 9.02 to 9.67m are fine-grained and coarsen inward to pegmatitic. Large smokey-grey qtz is marbled throughout the pegmatitic material.

11.0 - 11 .32m is a section with 0.25% chalcopyrite associated with thin mafic stringers within a granitic section.

10.51 - 1 0.64m: amphibolite/mica schist -intensely schistose and very soft -upper 2.5cm is 99% biotite and 1 % pyrite with the lower -1 Ocm only 45% biotite and no sulphides.

11.32 17.40 HORNBLENDITE hbl 004 11.32 12.45 1.13 0.5 2:1 0.307 0.218 0.028 0.410 0.801 0.015

COLOUR: Green/greylblack hbl 005 12.45 13.65 1.20 <0.5 2:1 0.217 0.198 0.022 0.368 0.653 0.011

ton 006 13.65 14.30 0.65 - - 0.005 0.008 0.005 0.006 0.007 0.002 GRAIN SIZE: fine to medium-grained hbl 007 14.30 15.30 1.00 tr - 0.005 0.008 0.006 0.005 0.066 0.007

PLAG (%): N/A hbl 008 15.30 16.20 0.90 tr - 0.095 0.102 0.012 0.127 0.291 0.010

ton 009 16.20 16.84 0.64 tr - 0.012 0.027 0.003 0.063 0.028 0.002

CPX (%): N/A hbl 010 16.84 17.40 0.56 tr - 0.023 0.077 0.003 0.077 0.099 0.006

OPX (%): N/A

OTHER MIN. (%): N/A

This unit is predominantly a hornblendite like that mentioned above, with sections of tonalite and downhole is a mineralized slightly finer-grained hornblendite.

Page 90: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEET NORTH AMERICAN PALLADIUM LTD LAC DES ILES MINES LTD.

LOGGED BY: D.Heerema SIGNATURE: PROPERTY: Tyko ZONE: N/A HOLE NO.: TK06-001 Page 4 of 8

METERAGE I I ROCK I A1t'n I Bx Matrix I SAMPLES I ASSAYS FROM I TO I DESCRIPTION CODE Plag IPxr I Comp Iprop'nl No. I FROM I TO ILENGTHI %S Icpy:Pol Pd (g/t) I PI (gft) I Au (gft) I Cu ("!o) 1 NI ("!o) 1 Co ("!o)

The upper 2m of this section is moderate to strongly magnetic and richer in sulphide than the unit above. This section contains very soft hornblende and serpentine with very little biotite. Sulfides in this area are very finely disseminated with local blebs that reach 0.5cm in diameter. Pyrite appears most abundant, followed by visible chalcopyrite and very fine pyrrhotite. It is evident that the chalcopyrite present is closely related to the intrusion of felsic material and presence of quartz.

From 13.0 - 17.4m is a section of the hornblendite with variable alteration and less mineralization. Here the rock has variable magnetization as well biotite content. Where the biotite is more abundant, the rock is softer, greener, less magnetic and in closer proximity to felsic intrusives. The less altered portions resemble an altered norite with rounded hbl grains.

17.40 22.35 MINERALIZED HORNBLENDITE min hbl 011 17.40 18.15 0.75 15 3:1 0.733 0.663 0.089 1.244 1.697 0.016

COLOUR: greenlblack ton 012 18.15 18.81 0.66 tr - 0.110 0.139 0.104 0.744 0.389 0.006

min hbl 013 18.81 19.02 0.21 15 2:1 0.960 1.102 0.195 1.127 2.358 0.024 GRAIN SIZE: Fine to medium-grained min hbl 014 19.02 20.00 0.98 0.5 - 0.218 0.218 0.024 0.432 0.556 0.007

PLAG (%): N/A min hbl 015 20.00 20.78 0.78 15 2:1 0.687 0.609 0.080 1.072 1.799 0.015

minhbl 016 20.78 21.55 0.77 tr - 0.238 0.285 0.035 0.331 0.734 0.009 CPX (%): N/A min hbl 017 21.55 22.35 0.80 0.25 - 0.159 0.234 0.067 0.311 0.320 0.006

OPX (%): N/A

OTHER MIN. (%): N/A

Well mineralized green hornblendite that when wet is black in colour. The mineralization is disseminated from 10-15% from 17.4 to 20.78m. The disseminations vary from 0.5mm to 1.5cm in diameter and consist of chalcopyrite, pyrite and less pyrrhotite. Below from 20.78 to 22.35 the mineralization is more sporadic and basically confined to a 22.15 to 22.20m. Within this mineralized section are injections of tonalite and aplite that break the continuity of the mineralization. Due to the amount of felsic injections, it appears as though the ultramafics are

Page 91: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEET NORTH AMERICAN PALLADIUM LTD LAC DES ILES MINES LTD.

LOGGED BY: D.Heerema SIGNATURE: PROPERTY: Tyko ZONE: N/A HOLE NO.: TK06-001 Page 5 of 8

METERAGE I I ROCK I A1t'n I Bx Matrix I SAMPLES I ASSAYS

FROM I TO I DESCRIPTION CODE PlagjPxrl Comp lprop'nl No. \ FROM I TO \LENGTHI %S ICpy:Po\ Pd (gil) \ Pt (gil) \ Au (gil) I Cu (%) I NI (%) \ Co (%)

angular clasts. The felsic material is off-white to pink in colour with very little biotite.

22.35 81.18 TONALITE BRECCIA hbl 018 65.62 66.62 1.00 - - 0.014 0.060 0.008 0.006 0.007 0.004

COLOUR: pink with green/grey

GRAIN SIZE: fine to coarse-grained

PLAG (%): N/A

CPX (%): N/A

OPX (%): N/A

OTHER MIN. (%): N/A

This breccia is a fine-grained amphibolite and local medium-grained diorite that has been intruded and brecciated by tonalite to form the matrix of this injection breccia. The contacts are very sharp and distinct and often cut core at 45 degrees. The tonalite varies like above from a well foliated mafic-rich rock to a younger felsic-rich coarser-grained assemblage of pinkish k-spar and grey qtz. The matix is approximately 50% of the unit but increases slightly downhole to approximately 65%. The amphibolite clasts are very fine to fine-grained and green in colour with a strong schistose foliation of 50 degrees to core axis. The tightly foliated amphiboles can be seen wrapping around small intrusions. The diorite clasts are massive and locally resemble a fine to medium-grained gabbro with minor qtz. Where the amphibolite has been heavily intruded and strongly foliated, a gneissic texture is resembled.

41.18 - 41.21 m: healed fault at 42 degrees to core axis -strong biotite alteration -large open cavitites

Between 51.0 and 77.0m is less foliated with more amphibolite

Page 92: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEET NORTH AMERICAN PALLADIUM LTD LAC DES ILES MINES LTD.

LOGGED BY: D.Heerema SIGNATURE: PROPERTY: Tyko ZONE: N/A HOLE NO.: TK06-001 Page 6 of 8

METERAGE J I ROCK I Alt'n I Bx Matrix I SAMPLES I ASSAYS FROM I TO I DESCRIPTION CODE Plag IPxr I Comp Iprop'nl No. I FROM

I TO ILENGTHI %S jCpy:Pol Pd (gil) I Pt (gIt) I Au (gIt) 1 Cu (%) I NI (%) I Co (%)

and occasional hornblendite clasts. The clast sizes range from 5cm to 2m. The contacts are still very sharp and distinct. The amphibolite clasts are fine-grained and the grains are shiny and glissen. No gneissic looking banding here. No sulphides in either mafic or felsic material.

81.18 90.56 AMPHIBOLITE SCHIST amph 019 81.18 82.18 1.00 <0.25 - 0.011 0.052 0.003 0.006 0.007 0.004

COLOUR: greenlblack amph 020 82.18 83.18 1.00 Ir - 0.005 0.079 0.003 0.008 0.007 0.004

Blank 021 83.18 83.18 0.00 - - 0.036 0.064 0.003 0.012 0.016 0.009 GRAIN SIZE: fine-grained amph 022 83.18 84.18 1.00 Ir - 0.005 0.060 0.003 0.008 0.004 0.005

PLAG (%): N/A amph 023 84.18 85.18 1.00 Ir - 0.023 0.118 0.003 0.005 0.004 0.003

amph 024 85.18 86.14 0.96 Ir - 0.005 0.044 0.003 0.005 0.011 0.005 CPX (%): N/A M.Dk 025 87.35 88.44 1.09 - - 0.005 0.008 0.003 0.009 0.028 0.008

OPX (%): N/A

OTHER MIN. (%): N/A

Moderate to strongly foliated unit of shiny and cooked up amphibolite. Throughout are sections of gneissic banding. The amphiboles are approximately 0.5mm in diameter with an orientation of 40-45 degrees to core axis. Most of the unit is non-magnetic with local areas of strong magnetism associated with fine pyrite +1- pyrrhotite mineralization. Finely disseminated sulphides occur between 81.18 and 86.0m with the most abundant found from 81.70 to 83.4m up to 0.25% locally. Apple green epidote alteration is sporadically dispersed throughout, more so associated in close proximity to felsic intrusions. Small tonalitic intrusions cross-cut the core, varying in size from 5cm to 1 m along with small veinlets and stringers that wisp through the amphibolite. Strong epidote along fracture planes.

87.35 - 88.44m: Mafic dike at 40 degrees to ca -grey strongly magnetic dike with black hbl within (40%) -hbl grains vary from 1 mm to 3mm -aphanitic contacts showing evidence of rapid quenching -no sulphides

Page 93: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEET NORTH AMERICAN PALLADIUM LTD LAC DES ILES MINES LTD.

LOGGED BY: D.Heerema SIGNATURE: PROPERTY: Tyko ZONE: N/A HOLE NO.: TK06-001 Page 7 of 8

METERAGE I I ROCK I Alt'n I Bx Matrix I SAMPLES I ASSAYS

FROM I TO I DESCRIPTION CODE Plag Ipxr I Comp Iprop'nl No. I FROM I TO ILENGTHI %S ICpy:Pol Pd (g/t) I Pt (gIt) I Au (gft) I Cu (%) I NI (%) I Co (%)

-strong serpentine alteration surrounding lower contact -very soft, green and soapy feeling

90.56 132.83 TONALITE BRECCIA

COLOUR: pink and green/grey

GRAIN SIZE: fine to pegamtitic

PLAG (%): N/A

CPX (%): N/A

OPX (%): N/A

OTHER MIN. (%): N/A

Similar to the breccia unit above with extremely altered and cooked ultramafics broken up by the injection of the tonalite. The tonalitic material is generally coarser-grained than above and contains more pink/orange k-spar. Pegmatitic sections and veinlets are found breaking the hornblendites and amphibolites. Contacts are sharp and the breccia is approximately 50:50 matrix to xenolith. Fracturing common with minor epidote. The xenoliths vary in size from cm to m scale and lithology from fine-grained shiny amphibolite to medium-grained hornblendite. The clasts are found both massive and strongly foliated with no sulfides. Non-magnetic throughout.

103.33 - 104.30m: a section of badly broken core that resembles boulders but without any oxidation. The longest piece of core is 16cm long within this section.

The hole ends in a fault with centimeters of gouge. The fault is in Tonalite at 22 degrees to ca. The gouge has the texture of play-dough and contains tiny rounded fragments. The fault has a strong rusty colour.

Note: Tried several times to drill through the fault, but rods kept

Page 94: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEET NORTH AMERICAN PALLADIUM LTD LAC DES ILES MINES LTD.

LOGGED BY: D.Heerema SIGNATURE: PROPERTY: Tyko ZONE: N/A HOLE NO.: TK06-001 Page 8 of 8

METERAGE J I

ROCK I A1t'n I Bx Matrix J SAMPLES I ASSAYS FROM I TO I DESCRIPTION CODE Plag IPxr I Comp Iprop'nl No. I FROM I TO ILENGTHI %s ICPv:Pol Pd (gIt) I Pt (gIt) I Au (gIt) I Cu (%) I NI (%) I Co (%)

getting stuck and stalling the drill rig.

End of Hole Printed: November 23,2006

Page 95: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEET NORTH AMERICAN PALLADIUM LTD LAC DES ILES MINES LTD.

PROPERTY: Tyko CLAIM NO.: 3012938 DOWNHOLE SURVEY METHOD: EZ Shot REMARKS: Testing an IP anomaly north of Main showing

HOLE NO.: TK06-002 LENGTH (m): 125.0 CORE SIZE: NO DOWNHOLE SURVEY BY: Bradley Brothers outcrop. EZ Shot surveys: 142.1 az, -46.9 dip

COORD SYSTEM: UTM zone 16 (Nad 83) NORTHING: 5420429.000 EASTING: 605446.000 COLLAR SURVEY BY: D.Heerema @14m; 144.3az, -47 dip@124m.

SECTION: N/A ZONE: N/A ELEVATION (m): 356.000 DRILLING COMPANY: Bradley Brothers

COLLAR ORIENTATION (AZIMUTH/DIP) PLANNED: 135.0/ -45.0 SURVEYED: / DATE LOGGED: Mar. 17,2006 TO Mar. 18, 2006 Core Storage Tyko Main Showing

HOLE STARTED: March 16, 2006 HOLE FINISHED: March 18, 2006 MAG: 7.02 w LOGGED BY: D.Heerema Page 1 of 8

METERAGE I I ROCK I A1t'n I Bx Matrix I SAMPLES ASSAYS

FROM I TO I DESCRIPTION CODE Plag Ipxrl Comp Iprop'"1 No. I FROM I TO ILENGTHI %S ICPY:Po Pd (gft) I Pt (gft) I Au (gIt) I Cu (%) I Ni (%) I Co (%)

0.00 4.40 OVERBURDEN

COLOUR: N/A

GRAIN SIZE: N/A

PLAG (%): N/A

CPX (%): N/A

OPX (%): N/A

OTHER MIN. (%): N/A

4.40 6.36 TONALITE

COLOUR: grey/white and black

GRAIN SIZE: medium-grained

PLAG (%): N/A

CPX (%): N/A

OPX (%): N/A

OTHER MIN. (%): N/A

Moderately foliated assemblage of quartz, white plag and black hornblende at 25%, 35% and 40% respectively. The foliation is oriented at approximately 60 degrees to core axis. The tonalite is cross-cut by a younger and much coarser pegmatitic granite. Strong presence of orange k-spar that bleeds into the host tonalite. Trace pyrite locally within the tonalite.

Page 96: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEET NORTH AMERICAN PALLADIUM LTD LAC DES ILES MINES LTD.

LOGGED BY: D.Heerema SIGNATURE: PROPERTY: Tyko ZONE: N/A HOLE NO.: TK06-002 Page 2 of 8

METERAGE I I ROCK I A1t'n I Bx Matrix I SAMPLES I ASSAYS FROM 1 TO 1 DESCRIPTION CODE Plag IPxrJ Comp Iprop·nt No. 1 FROM 1 TO ILENGTHI %S ICpy:Pol Pd (gtt) 1 PI (glt) 1 Au (glt) 1 Cu (%) 1 NI (%) .1 Co (%)

6.36 15.06 AMPHIBOLITE

COLOUR: green

GRAIN SIZE: fine-grained

PLAG (%): N/A

CPX (%): N/A

OPX (%): N/A

OTHER MIN. (%): N/A

Highly altered and foliated fine-grained amphibolite with local gneissic banding and a cooked-up appearance. The amphiboles are green and very small «1 mm) in diameter; often indistinguishable. When wet the rock is a dark green to black colour with strong local epidote. Numerous small tonalitic veinlets and stringers randomly cut the core often carrying k-spar and epidote into the amphibolite. Non-magnetic with no sulphides.

15.06 18.78 TONALITE

COLOUR: white/orange and black

GRAIN SIZE: fine to pegmatitic

PLAG (%): N/A

CPX (%): N/A

OPX (%): N/A

OTHER MIN. (%): N/A

This unit is a combination of white and black medium-grained tonalite that has been intruded by medium to coarse-grained quartz-feldspar porphyry and pegmatitic granite. The massive QFP is a soft orangish-white colour assemblage of feldspar that contains larger white felspar and semi-transparent quartz

Page 97: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEET NORTH AMERICAN PALLADIUM LTD LAC DES ILES MINES LTD.

LOGGED BY: D.Heerema SIGNATURE: PROPERTY: Tyko ZONE: N/A HOLE NO.: TK06-002 Page 3 of 8

METERAGE I I ROCK I A1t'n I Bx Matrix 1 SAMPLES I ASSAYS FROM I TO I DESCRIPTION CODE Plag IPxr I Comp Iprop'nl No. I FROM I TO ILENGTHI okS ICpy:Pol Pd (gIt) I Pt (gIt) I Au (gIt) I Cu (%) I NI (%) I Co (%)

phenocrysts. The phenocrysts constitute for 30% of the rock. Fine black needle-like hbl are sparadically dispersed at 5-8%. The pegmatitic granite is orange and white with large 1-2cm feldspars with intergrown quartz and little hbl.

18.78 30.84 HORNBLENDITE hbl 001 18.78 19.80 1.02 - - 0.010 0.008 0.003 0.011 0.013 0.004

COLOUR: Green/black hbl 002 19.80 20.80 1.00 0.25 2:1 0.058 0.056 0.003 0.045 0.049 0.004

hbl 003 20.80 21.80 1.00 tr - 0.032 0.029 0.005 0.014 0.032 0.005 GRAIN SIZE: fine to medium-grained hbl 004 21.80 22.80 1.00 <0.25 1:0 0.059 0.088 0.003 0.017 0.048 0.005

PLAG (%): N/A hbl 005 22.80 23.60 0.80 <0.25 1 :0 0.101 0.064 0.003 0.033 0.069 0.005

hbl 006 23.60 24.41 0.81 tr - 0.093 0.073 0.003 0.006 0.057 0.005 CPX (%): N/A hbl 007 25.81 27.00 1.19 tr - 0.015 0.025 0.006 0.016 0.049 0.004

OPX (%): N/A hbl 008 27.00 28.00 1.00 <0.5 2:1 0.334 0.266 0.133 0.401 0.427 0.006

hbl 009 28.00 29.00 1.00 0.25 1 :0 0.153 0.096 0.071 0.182 0.262 0.006 OTHER MIN. (%): N/A Blank 010 29.00 29.00 0.00 - - 0.005 0.056 0.020 0.005 0.012 0.021

Generally dark green in colour and coarser-grained as well as hbl 011 29.00 29.70 0.70 0.25 1 :1 0.128 0.127 0.025 0.147 0.175 0.006

less foliated than the amphibolites above. The hbl grains have hbl 012 30.15 30.84 0.69 20 4:1 1.376 0.788 0.100 0.862 1.968 0.032

diffuse grain boundaries, making it hard to see individual grains. The rock is moderately soft and non-magnetic except for areas of mineralization. Strong alteration to chlorite, mica and minor serpentine. Mica is common in areas of fracturing and felsic intrusions. Sulfides are found sporadically throughout but increasing downhole towards to base of the unit. Pyrite mineralization is dominant and found as fine disseminations and well as net-textured. Chalcopyrite and pyrrhotite are found as blebs and fine disseminations, with the chalcopyrite being more abundant. Also, small chalcopyrite stringers are present in and around felsic vein lets. The chalcopyrite is very often along margins/contacts of hornblendite with felsic veins and stringers. The mineralization is more sporadic in the upper 8m but increases in the lower 3.5m to an average of 2-3%. Here the mineralization is mainly blebby with some fine disseminations. The last 25cm of this unit from 30.59 to 30.84m is net-textured pyrite + cpy + po at approximately 95%, 4% and 1 % respectively.

Page 98: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEET NORTH AMERICAN PALLADIUM LTD LAC DES ILES MINES LTD.

LOGGED BY: D.Heerema SIGNATURE: PROPERTY: Tyko ZONE: N/A HOLE NO.: TK06-002 Page 4 of 8

METERAGE I I ROCK I A1t'n I Bx Matrix I SAMPLES I ASSAYS

FROM I TO I DESCRIPTION CODE Plag IPxrl Comp Iprop'nl No. I FROM I

TO ILENGTHI %S iCpy:pol Pd (g/t) I Pt (gIt) I Au (g/t) I Cu (%) I NI (%) I Co (%)

Here the overall sulphide content is 35%.

24.41 - 25.85m: soft pink granite -very little hbl (5%) -small white feldsar grains within a very fine siliceous matrix -tiny 5mm speck of molybdenite at 25.74m

30.84 42.90 GRANITE Gr gran 60 013 30.84 31.61 0.77 5 3:1 0.116 0.056 0.019 0.325 0.172 0.002

COLOUR: orange/white/black

GRAIN SIZE: medium to coarse

PLAG (%): N/A

CPX (%): N/A

OPX (%): N/A

OTHER MIN. (%): N/A

Unit is a mixture of different felsic intrusives along with inclusions locally of hornblendite and amphibolite. The first 1 m of this unit contains mineralized xenoliths of the hornblendite above with 40% pyrite + cpy +/- po. These clasts are 20cm long and sit in a felsic-rich granite with only 5% hbl and a soft orange/white felsic groundmass. Starting at approx 35m the granite changes to a coarser-grained assemblage of plag and k-spar (50:50) along with needle-like hbl and semi-transparent to transparent quartz. The feldspars are up to 1 .5cm in diameter with interstitial quartz and smaller black hbl. At around 41 m the granite changes to a classic pink/red medium-grained massive granite, containing clasts of fine-grained green amphibolite and veinlets of recrystalled quartz.

Lower contact is at a healed fault and based upon large increase in amphibolite xenoliths.

Page 99: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEET NORTH AMERICAN PALLADIUM LTD LAC DES ILES MINES LTD.

LOGGED BY: D.Heerema SIGNATURE: PROPERTY: Tyko ZONE: N/A HOLE NO.: TK06-002 Page 5 of 8

METERAGE I I ROCK I A1t'n I Bx Matrix I SAMPLES I ASSAYS FROM I TO I DESCRIPTION CODE I Plag IPxr I Comp Iprop'nl No. I FROM I TO ILENGTHI %S ICpy:Pol Pd (g/t) I Pt (gIt) I Au (gIt) I Cu (%) 1 NI (%) I Co (%)

42.90 54.24 GRANITE BRECCIA amph gran 15 014 50.94 52.10 1.16 tr 1:0 0.039 0.050 0.009 0.034 0.037 0.005

COLOUR: pink and green ultdk 015 52.10 53.09 0.99 - - 0.248 0.220 0.046 0.018 0.035 0.009

amph gran 5 016 53.09 54.24 1.15 <0.25 1:0 0.015 0.008 0.014 0.179 0.235 0.007 GRAIN SIZE: fine to medium

PLAG (%): N/A

CPX (%): N/A

OPX (%): N/A

OTHER MIN. (%): N/A

This breccia is approximately 60% amphibolite and 40% granite. The granite has intruded the amphibolite and caused intense alteration and foliation of the amphibolite. Clast sizes vary from cm to dm scale. Contacts are very sharp. Lower contact with granite has coarse euhedral needle-like hbl grains as long as 1.2cm. Local chalcopyrite and pyrite mineralization found from 51.85 to 53.90m straddling an ultramafic dike. These sulfides are fine blebs upto 0.25%.

42.90 - 43.00m: healed fault at 40 degrees to core axis -angUlar fragments within a white calcite cement -core badly broken

52.10 - 53.09m: ultramafic dike at 80 degrees to core axis -fine-grained dark grey to black with tiny euhedral hbl phenocrysts -strongly magnetic -serpentine alteration on fractures and at upper contact -well defined aphanitic chill margins

54.24 70.10 GRANITE

COLOUR: orange/pink and white

GRAIN SIZE: medium to very coarse

Page 100: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEET NORTH AMERICAN PALLADIUM LTD LAC DES ILES MINES LTD.

LOGGED BY: D.Heerema SIGNATURE: PROPERTY: Tyko ZONE: N/A HOLE NO.: TK06-002 Page 6 of 8

METERAGE I I ROCK I A1t'n I Bx Matrix I SAMPLES I ASSAYS FROM I TO I DESCRIPTION CODE Plag IPxr I Comp IproP'nl No. I FROM I TO ILENGTHI %S ICpy:pol Pd (glt) I Pt (gIt) I Au (gil) I Cu (%) I NI (%) I Co (%)

PLAG (%): N/A

CPX (%): N/A

OPX (%): N/A

OTHER MIN. (%): N/A

The granite is a coarser-grained assemblage of plag and k-spar (50:50) along with needle-like hbl and semi-transparent to transparent quartz. The feldspars are up to 1.5cm in diameter with interstitial quartz and smaller black hbl. Granite is unfoliated and contains only the odd xenoltih of cooked-up fine-grained amphibolite. Non-magnetic and contains no sui hides. The last 3m of this unit is felsic-rich containing only sporadic hbl grains.

70.10 75.64 TONALITE BRECCIA

COLOUR: Grey/white and black

GRAIN SIZE: fine to medium-grained

PLAG (%): N/A

CPX (%): N/A

OPX (%): N/A

OTHER MIN. (%): N/A

A blend of foliated grey/white tonalite and angular fine-grained amphibolite clasts. The tonalite matrix is a grey/white assemblage of feldspar and quartz at approximately 30% each containing 40% fine black hornblende grains that are altering to biotite. The amphibolite clasts are generally small «20cm) in length with moderate to sharp contacts. These clasts are fine-grained foliated green amphiboles locally containing larger hbl grains.

Page 101: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEET NORTH AMERICAN PALLADIUM LTD LAC DES ILES MINES LTD.

LOGGED BY: D.Heerema SIGNATURE: PROPERTY: Tyko ZONE: N/A HOLE NO.: TK06-002 Page 7 of 8

METERAGE I I ROCK I A1t'n I Bx Matrix I SAMPLES I ASSAYS FROM I TO I DESCRIPTION CODE Plag IPxr I Comp Iprop'ol No. I FROM I TO ILENGTHI %5 Icpy:pol Pd (gft) I Pt (gft) I Au (glt) I Cu (%) I NI (%) I Co (%)

Locally, younger granite cuts through the tonalite with sharp contacts. This granite is found straddling both sides of this unit.

74.96 - 75.32m: altered hornblendite clast -greenish black containing 25-30% biotite

75.64 78.85 GRANITE

COLOUR: orangish/white

GRAIN SIZE: medium to coarse-grained

PLAG (%): N/A

CPX (%): N/A

OPX (%): N/A

OTHER MIN. (%): N/A

Soft orange/white coloured plag + k-spar and qtz with an average hbl content of 15%. The orange k-spar content seems to diminish downhole near the base of this unit. This granite is unfoliated like the unit above the tonalite breccia. Non-magnetic and contains no sulphides.

78.85 101.58 AMPHIBOLITE

COLOUR: green

GRAIN SIZE: fine-grained

PLAG (%): N/A

CPX (%): N/A

OPX (%): N/A

OTHER MIN. (%): N/A

This unit is fine-grained green amphibolite with small sections of unmineralized hornblendite in the upper 3m. Upper half of this amphibolite is slightly coarser grained and slightly less foliated

Page 102: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEET NORTH AMERICAN PALLADIUM LTD LAC DES ILES MINES LTD.

LOGGED BY: D.Heerema SIGNATURE: PROPERTY: Tyko ZONE: N/A HOLE NO.: TK06-002 Page 8 of 8

METERAGE I I ROCK I Alt'n I Bx Matrix I SAMPLES I ASSAYS

FROM I TO I DESCRIPTION CODE Plag IPxrj Comp Iprop'nl No. I FROM I TO ILENGTHI %5 ICpy:Pol Pd (gft) I Pt (gft) I Au (gft) I Cu (%) I NI (%) I Co (%)

than downhole where the amphibolite is very strongly foliated and appears gneissic. Likely a large raft within tonalite and granite intrusives; this amphibolite is cross-cut by numerous felsic veins and stringers (15% of unit) narrow in width that cause the presence epidote and less k-spar alteration. The intrusion of the felsic material has cooked up what was likely a mafic to ultramafic unit. Non-magnetic and no sulphide mineralization present.

101.58 125.00 TONALITE

COLOUR: grey/white and orang ish

GRAIN SIZE: medium to coarse-grained

PLAG (%): N/A

CPX (%): N/A

OPX (%): N/A

OTHER MIN. (%): N/A

Like uphole, this tonalite is a foliated white to grey feldspar + quartz groundmass with black hbl. Within this tonalite are cross-cuts of the soft orange coloured coarse-grained granite with little to no mafic component. This granite is approximately 35% of the unit. Locally, small sections of black biotite-schist can be found associated with quartz-rich felsic veins. No sulphides within any part of the unit.

End of Hole

Printed: November 23, 2006

Page 103: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEET NORTH AMERICAN PALLADIUM LTD LAC DES ILES MINES LTD.

PROPERTY: Tyko CLAIM NO.: 4203385 DOWNHOLE SURVEY METHOD: EZ Shot REMARKS: Drilling an IP anomaly on the northern grid.

HOLE NO.: TK06-003 LENGTH (m): 200.0 CORE SIZE: NQ DOWNHOLE SURVEY BY: Bradley Brothers Drilling is taking place under the RJ showing found

COORD SYSTEM: UTM zone 16 (Nad 83) NORTHING: 5421692.000 EASTING: 604523.000 COLLAR SURVEY BY: D.Heerema in summer of 2005. EZ-Shot surveys: 197.2 az, -44.8 dip, 5758 mag @ 10m; 195.6 az, -43.7 dip,

SECTION: N/A ZONE: N/A ELEVATION (m): 395.000 DRILLING COMPANY: Bradley Brothers 5741 mag @ 200m. COLLAR ORIENTATION (AZIMUTH/DIP) PLANNED: 195.0/ -45.0 SURVEYED: / DATE LOGGED: Mar. 21,2006 TO Mar. 23, 2006 Core Storage Tyko Main Showing

HOLE STARTED: March 21,2006 HOLE FINISHED: March 22, 2006 MAG: 7.02 w LOGGED BY: D.Heerema, J.Rickard Page 1 of 11

METERAGE I I ROCK I Alt'n I Bx Matrix I SAMPLES I ASSAYS

FROM I TO I DESCRIPTION CODE Plag IPxrl Comp IProp'nl No. I FROM I

TO ILENGTHI %S ICpy:Pol Pd (gil) I Pt (gil) I Au (gil) 1 Cu (%) I Ni (%) I Co (%)

0.00 7.65 OVERBURDEN

COLOUR: N/A

GRAIN SIZE: N/A

PLAG (%): N/A

CPX (%): N/A

OPX (%): N/A

OTHER MIN. (%): N/A

Overburden to approx 6m but casing pushed to 7.65m.

7.65 38.71 HORNBLENDITE hbl 001 7.65 8.28 0.63 1 2:1 0.005 0.026 0.003 0.031 0.051 0.004

COLOUR: green/grey hbl 002 8.28 9.00 0.72 <0.5 1 :1 0.005 0.008 0.003 0.073 0.127 0.008

hbl 003 9.00 10.00 1.00 0.5 1 :2 0.022 0.018 0.003 0.105 0.173 0.008 GRAIN SIZE: medium to coarse-grained hbl 004 10.00 11.00 1.00 0.5 1:2 0.025 0.008 0.003 0.084 0.145 0.007

PLAG (%): N/A hbl 005 11.00 12.00 1.00 0.75 1 :2 0.025 0.008 0.003 0.083 0.145 0.008

hbl 006 12.00 13.00 1.00 1 1 :2 0.014 0.008 0.003 0.088 0.143 0.008 CPX (%): N/A hbl 007 13.00 14.00 1.00 1.25 1:3 0.016 0.008 0.003 0.072 0.121 0.007

OPX (%): N/A hbl 008 14.00 15.00 1.00 0.25 1 :1 0.024 0.019 0.003 0.042 0.079 0.006

hbl 009 15.00 16.00 1.00 0.25 1 :2 0.036 0.027 0.003 0.048 0.093 0.007 OTHER MIN. (%): N/A hbl 010 16.00 17.00 1.00 0.25 1:2 0.023 0.008 0.003 0.068 0.105 0.007

Altered assemblage of hornblende and biotite and chlorite with hbl 011 17.00 18.00 1.00 <0.25 1 :2 0.015 0.008 0.003 0.036 0.091 0.007

minor silverish actinolite/tremolite. This hornblendite is poikilitic hbl 012 18.00 19.00 1.00 <0.25 3:1 0.016 0.008 0.003 0.057 0.080 0.007

and consists mainly of hbl with minor biotite alteration found in Blank 013 19.00 19.00 0.00 - - 0.005 0.018 0.003 0.009 0.010 0.014

close proximity to intruding dikes. The rock is dark green to hbl 014 19.00 20.00 1.00 tr 0:1 0.013 0.008 0.008 0.043 0.086 0.007

black as a result of the hbl and chlorite with sporadic coarse hbl hbl 015 20.00 21.00 1.00 0.5 1 :1 0.023 0.031 0.013 0.243 0.179 0.009

grains up to 1 cm in diameter. These grains are generally hbl 016 21.00 22.00 1.00 0.75 1:1 0.016 0.049 0.014 0.118 0.162 0.007

subhedral and make-up about 30% of the unit becoming more hbl 017 22.00 23.00 1.00 0.75 1 :2 0.039 0.018 0.014 0.148 0.227 0.011

Page 104: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEET NORTH AMERICAN PALLADIUM LTD LAC DES ILES MINES LTD.

LOGGED BY: D.Heerema, J.Rickard SIGNATURE: PROPERTY: Tyko ZONE: N/A HOLE NO.: TK06-003 Page 2 of 11

METERAGE I I ROCK I ~t'n I Bx Matrix I SAMPLES I ASSAYS FROM I TO I DESCRIPTION CODE Plag IPxrl Comp Iprop'nl No. I FROM I TO ILENGTHI %$ ICpy:Pol Pd (g/t) L Pt (gft) I Au (g/t) I Cu (%) I NI (%) I Co (%)

apparent deeper in the unit. Chlorite and local soapy hbl 018 23.00 24.00 1.00 0.5 1 :1 0.026 0.039 0.017 0.213 0.224 0.009

serpentine present along fractures. hbl 019 24.00 25.00 1.00 <0.25 1 :1 0.014 0.008 0.003 0.079 0.125 0.007

The rock is soft and non-magnetic with exception of the hbl 020 25.00 26.00 1.00 0.75 1:2 0.013 0.008 0.008 0.072 0.131 0.008

pyrrhotite. hbl 022 26.00 27.00 1.00 <0.25 1 :1 0.005 0.008 0.008 0.033 0.108 0.007

Moderate fracturing throughout with a blockier section from hbl 023 27.00 28.00 1.00 tr - 0.005 0.008 0.003 0.049 0.100 0.007

24.50 - 28.0m. hbl 024 28.00 29.00 1.00 <0.25 1:1 0.022 0.008 0.003 0.026 0.081 0.007

Sulphide mineralization present throughout the unit with an hbl 025 29.00 30.00 1.00 tr - 0.005 0.008 0.003 0.040 0.073 0.007

average content of approximately 0.5% and patches upto 1 % hbl 026 30.00 31.00 1.00 tr - 0.005 0.008 0.003 0.036 0.071 0.006

over 30cm. Pyrrhotite, chalcopyrite and pyrite is found as fine hbl 027 31.00 32.00 1.00 tr 1:2 0.010 0.030 0.008 0.068 0.064 0.005

sporadic blebs ranging from 2mm to <1cm. Chalcopyrite and hbl 028 32.00 33.00 1.00 tr 1 :1 0.012 0.032 0.003 0.030 0.097 0.008

pyrite are mainly blebs and less disseminated than the hbl 029 33.00 34.00 1.00 <0.25 1 :2 0.005 0.008 0.003 0.034 0.067 0.005

pyrrhotite. Chalcopyrite veinlets 0.5cm wide are occasionally hbl 030 34.00 35.00 1.00 <0.25 1:2 0.012 0.032 0.008 0.036 0.082 0.007

found along fractures. Pyrite is often found along fracture hbl 031 35.00 36.00 1.00 0.25 1:2 0.012 0.023 0.003 0.026 0.090 0.007

planes as well. Pyrrhotite is the most abundant of the sulphides Blank 032 36.00 36.00 0.00 - - 0.005 0.026 0.003 0.011 0.008 0.010 and is mainly fine disseminations with occasional blebs found hbl 033 36.00 37.00 1.00 <0.5 1 :2 0.023 0.032 0.010 0.087 0.137 0.007 along side chalcopyrite. The mineralization occurs at hbl 034 37.00 38.00 1.00 1 1:2 0.038 0.049 0.052 0.251 0.273 0.011 approximately 3:2:1 pyrrhotite, chalcopyrite and pyrite hbl 035 38.00 38.71 0.71 0.75 1 :2 0.036 0.031 0.014 . 0.169 0.219 0.009 respectively.

7.87 - 8.27m: felsic vein at 25 degrees to ca -sharp contacts with pyrite and chalcopyrite -fractured with pyrite, chalco, pyrrhotite and trace molybdenite -intense biotite alteration halo in surrounding hornblendite

13.84 - 13.89m: altered sericitic dike at 35 degrees to core axis -beige and silicous

18.50 - 18.67m: altered sericitic dike at 45 degrees to core axis -altered euhredral beige coloured grains -abundant 1.5% disseminated chalcopyrite

24.35 - 24-98m: diabase dike at 65 degrees to core axis -fine-grained -moderate magnetism

Page 105: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEET NORTH AMERICAN PALLADIUM LTD LAC DES ILES MINES LTD.

LOGGED BY: D.Heerema, J.Rickard SIGNATURE: PROPERTY: Tyko ZONE: N/A HOLE NO.: TK06-003 Page 3 of 11

METERAGE I I ROCK I Alt'n I Bx Matrix I SAMPLES I ASSAYS

FROM I TO I DESCRIPTION CODE Ptag Ipxr I Comp Iprop'nl No. I FROM I TO ILENGTHI %S ICpy:Pol Pd (gil) I Pt (gil) I Au (gft) I Cu ("!o) I Nt ("!o) I Co ("!o)

-contains clasts of hornblendite with 3mm biotite halos

33.74 - 33.93m: altered sericitic vein at 45 degrees to core axis -foliated beige sericite and quartz -6cm qtzlfeldspar vein cutting through the middle parallel to contacts -trace chalcopyrite

34.45 - 34.52m: altered sericitic vein at 80 degrees to core axis -beige sericite with qtz -strong foliation -0.5% chalcopyrite

38.66 -38.71 m: altered sericitic vein at 40 degrees to core axis -foliated beige sericite and qtz -2cm qtz vein at lower contact -trace pyrite

38.71 42.54 AMPHIBOLITE SCHIST amph 036 38.71 40.00 1.29 tr 1 :1 0.031 0.037 0.003 0.035 0.080 0.006

COLOUR: amph 037 40.00 41.00 1.00 <0.25 1 :1 0.005 0.026 0.003 0.001 0.029 0.005

green am ph 038 41.00 42.54 1.54 tr - 0.005 0.008 0.003 0.007 0.037 0.007

GRAIN SIZE: fine-grained

PLAG (%): N/A

CPX (%): N/A

OPX (%): N/A

OTHER MIN. (%): N/A

Fine-grained green foliated amphiboles and abundant biotite make this unit considerably different from above. The biotite content is as much as 70% locally, with an average of approximately 45%. This intense alteration is likely due to its close proximity to the intruding granite. A slight foliation is evident at 65-70 degrees to core axis that is not present in the hornblendite above.

Page 106: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEET NORTH AMERICAN PALLADIUM LTD LAC DES ILES MINES LTD.

LOGGED BY: D.Heerema, J.Rickard SIGNATURE: PROPERTY: Tyko ZONE: N/A HOLE NO.: TK06-003 Page 4 of 11

METERAGE I I ROCK I Alt'n I Bx Matrix I SAMPLES I ASSAYS

FROM I TO 1 DESCRIPTION CODE Plag IPxr I Comp Iprop'nl No. I FROM I TO ILENGTHI %S lCPy:pol Pd (gft) I Pt (gft) I Au (gil) 1 Cu (%) I NI (%) I Co (%)

Fine disseminated pyrite along with minor cpy and po present in trace to minor quantities. Non-magnetic

42.54 44.60 GRANITE gr 039 42.54 43.50 0.96 tr 0.005 0.008 0.003 0.001 0.008 0.002

COLOUR: whitish pink gr 040 43.50 44.60 1.10 tr 0.005 0.008 0.003 0.002 0.023 0.003

GRAIN SIZE: medium to coarse-grained

PLAG (%): N/A

CPX (%): N/A

OPX (%): N/A

OTHER MIN. (%): N/A

Unfoliated felsic-rich hbl granite with only 15% hbl. This granite is an off-white to pinkish colour. The contacts are sharp with more abundant orange k-spar and quartz growth perpendicular to contacts. Locally, the granite is coarse to very coarse-grained. Few xenoliths of the overlying amphibolite are present within. Also within the granite is trace fine pyrite and very trace chalcopyrite.

44.60 56.00 HORNBLENDITE hbl 041 44.60 45.30 0.70 b 0.005 0.030 0.003 0.007 0.034 0.006

COLOUR: green/grey hbl 042 45.30 46.00 0.70 tr 0.012 0.008 0.003 0.005 0.029 0.004

hbl 043 46.00 47.00 1.00 tr - 0.005 0.048 0.003 0.011 0.042 0.004 GRAIN SIZE: medium-grained hbl 044 47.00 48.00 1.00 tr - 0.005 0.025 0.003 0.013 0.039 0.005

PLAG (%): N/A hbl 045 48.00 49.00 1.00 - - 0.005 0.020 0.003 0.013 0.031 0.005

hbl 046 49.00 50.00 1.00 tr - 0.005 0.021 0.003 0.013 0.032 0.005 CPX (%): N/A hbl 047 50.00 51.00 1.00 tr - 0.011 0.032 0.003 0.012 0.051 0.006

OPX (%): N/A Blank 048 51.00 51.00 0.00 - - 0.005 0.019 0.003 0.011 0.008 0.Q12

hbl 049 51.00 52.00 1.00 tr 1:2 0.016 0.037 0.003 0.008 0.049 0.006 OTHER MIN. (%): N/A hbl 050 52.00 53.00 1.00 tr 0:1 0.005 0.036 0.003 0.019 0.075 0.007

Generally finer-grained and less altered than the unit uphole. hbl 052 53.00 54.00 1.00 tr 1 :2 0.005 0.019 0.003 0.021 0.073 0.007

This hornblendite starts off with a high degree of biotite hbl 053 54.00 55.00 1.00 tr 1:2 0.005 0.008 0.003 0.007 0.020 0.004

Page 107: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEET NORTH AMERICAN PALLADIUM LTD LAC DES ILES MINES LTD.

LOGGED BY: D.Heerema. J.Rickard SIGNATURE: PROPERTY: Tyko ZONE: N/A HOLE NO.: TK06-003 Page 5 of 11

METERAGE I I ROCK I Alt'n I Bx Matrix I SAMPLES 1 ASSAYS FROM I TO I DESCRIPTION CODE Plag IPxr I Comp Iprop''i No. I FROM I TO ILENGTHI %S ICpy:Pol Pd (gft) I Pt (gIt) I Au (gIt) I Cu (%) I NI (%) I Co (%)

alteration and presence of pinkish k-spar and thin felsic hbl 054 55.00 56.00 1.00 <0.25 1:2 0.074 0.120 0.015 0.051 0.101 0.007

stringers as a result of the granitic material above. The hornblende grains are black and sub to euhedral. Moving downhole below 48m. the unit becomes massive with little biotite alteration. Grains here are fairly euhedral and still have good grain boundary distinction. This hornblendite resembles closely a pyroxenite. From 44.60 to approximately 56m contains very little sulphide. The sulphides here are fine disseminated cpy + po with the occasional blebs <0.5cm in diameter.

54.40 - 55.00m: granite vein at 78 degrees to core axis -qtz vein in lower 10cm.

56.00 73.70 MINERALIZED HORNBLENDITE min hbl 055 56.00 57.00 1.00 5 1:1 0.031 0.076 0.003 0.090 0.149 0.009

COLOUR: greenlblack min hbl 056 57.00 58.00 1.00 3 1 :1 0.052 0.120 0.015 0.117 0.248 0.013

min hbl 057 58.00 59.00 1.00 2 1 :1 0.023 0.118 0.012 0.063 0.129 0.008 GRAIN SIZE: fine to medium-grained min hbl 058 59.00 60.00 1.00 0.5 1:1 0.077 0.160 0.014 0.056 0.100 0.007

PLAG (%): N/A min hbl 059 60.00 61.00 1.00 3 1 :2 0.048 0.133 0.017 0.143 0.298 0.012

min hbl 060 61.00 62.00 1.00 3 1:2 0.027 0.157 0.010 0.115 0.239 0.009 CPX (%): N/A min hbl 061 62.00 63.00 1.00 <0.5 1 :1 0.005 0.037 0.017 0.039 0.086 0.007

OPX (%): N/A min hbl 062 63.00 63.92 0.92 0.25 1 :2 0.018 0.076 0.003 0.085 0.165 0.008

min hbl 063 63.92 65.00 1.08 25 1:2 0.101 0.250 0.003 0.516 1.274 0.024 OTHER MIN. (%): N/A min hbl 064 65.00 66.00 1.00 15 1 :2 0.162 0.272 0.003 0.667 1.425 0.029

Mineralization increases below 56m down to approximately min hbl 065 66.00 67.00 1.00 12 1 :1 0.142 0.252 0.003 0.612 0.886 0.028

70m. Here the rock has a slight increase locally in plag and qtz min hbl 066 67.00 68.00 1.00 20 1 :2 0.087 0.198 0.006 0.250 0.656 0.018

that the mineralization seems associated with. The Blank 067 68.00 68.00 0.00 - - 0.010 0.123 0.014 0.019 0.017 0.013

hornblendite is moderately altered with minor biotite and min hbl 068 68.00 69.00 1.00 2 1:2 0.038 0.104 0.015 0.103 0.194 0.008

chlorite. From 63 to 64m the rock is a min hbl 069 69.00 70.00 1.00 4 1 :2 0.038 0.008 0.003 0.245 0.339 0.011

melanohornblendegabbro with bleached white plag. min hbl 070 70.00 71.00 1.00 <1 1:2 0.010 0.008 0.003 0.092 0.150 0.008

Below 68m clotty plag and k-spar is sporadically dispersed min hbl 071 71.00 72.00 1.00 <1 1 :2 0.015 0.034 0.003 0.046 0.080 0.005

within the hornblendite. min hbl 072 72.00 72.50 0.50 2 1 :2 0.015 0.017 0.003 0.094 0.122 0.007

The overall sulphide content is approximately 5% with patches shrd hbl 073 72.50 73.70 1.20 1 0:1 0.031 0.042 0.003 0.056 0.072 0.003

within up to 50%. The strongest mineralization is between 63.92 and 68m with an average of 10% pyrrhotite + chalcopyrite

Page 108: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEET NORTH AMERICAN PALLADIUM LTD LAC DES ILES MINES LTD.

LOGGED BY: D.Heerema, J.Rickard SIGNATURE: PROPERTY: Tyko ZONE: N/A HOLE NO.: TK06-003 Page 6 of 11

METERAGE I I ROCK I ~t'n I Bx Matrix I SAMPLES I ASSAYS

FROM I TO I DESCRIPTION CODE Plag IPxr I Comp Iprop'ol No. I FROM I TO ILENGTHI %S ICpy:Pol Pd (gft) I Pt (gft) I Au (glt) I Cu (%) I NI (%) I Co (%)

and pyrite at 4:3:2 respectively with an interval from 63.92 to 64.35m containing 40% semi-massive net-textured material. For the most part, the sulfides are partially net-textured and finely disseminated with occasional single blebs. The chalcopyrite appears to be somewhat associated with more silicous material.

57.77 - 57.82m: biotite schist at 35 degrees to core axis

72.5-73.7m : Sheared hornblendite- at 45 degrees to core axis, more biotite-rich, 1 % disseminated pyrite and pyrrhotite.

73.70 80.80 XENOLITH-BEARING GRANITE xeno gr 100 074 73.70 74.30 0.60 0.005 0.008 0.003 0.010 0.005 0.000

COLOUR: pink-white to grey Standard 075 74.30 74.30 0.00 3.008 0.307 0.453 0.152 0.119 0.005

amph 076 74.30 75.45 1.15 12 4:1 0.039 0.083 0.003 0.164 0.145 0.004 GRAIN SIZE: fine to medium grained gr 077 75.45 77.00 1.55 0.017 0.121 0.010 0.007 0.003 0.000

PLAG (%): N/A xeno gr 85 078 77.00 78.00 1.00 tr 0.015 0.075 0.008 0.016 0.026 0.002 gr 079 78.00 79.00 1.00 0.017 0.095 0.006 0.011 0.005 0.001

CPX (%): N/A gr 080 79.00 79.80 0.80 0.017 0.113 0.003 0.001 0.004 0.001

OPX (%): N/A xeno gr 30 081 79.80 80.80 1.00 0.5 0:1 0.033 0.078 0.007 0.028 0.041 0.003

OTHER MIN. (%): N/A

Unit is approximately 80% granite with xenoliths of biotite-rich amphibolite that vary in width from 0.1 to O. 7m; very sharp contacts at varying angles to core axis. The granite is variably altered, some hematite or k-spar altered fracture zones; the rock contains about 25-30% quartz, 10-15% k-spar and 55-65% plag. The amphibolite is finer grained (fine to medium) than the surrounding hornblendite, contains up to 25% biotite in places and is often sheared at 40 degrees to core axis; contains disseminated cp>po»pyr, typically 1-3%, but there is up to 30% found locally as fine disseminations filling in along shears.

Page 109: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEET NORTH AMERICAN PALLADIUM LTD LAC DES ILES MINES LTD.

LOGGED BY: D.Heerema, J.Rickard SIGNATURE: PROPERTY: Tyko ZONE: N/A HOLE NO.: TK06-003 Page 7 of 11

METERAGE I I ROCK I Alt'n I Bx Matrix I SAMPLES I ASSAYS FROM I TO I DESCRIPTION CODE Plag IPxr I Camp IProp'nl No. I FROM I TO ILENGTHI %S ICpy:Pol Pd (gIt) I Pt (gIt) I Au (gIt) I Cu (%) I NI (%) I Co (%)

BO.BO 124.50 MINERALIZED BIOTITE-HORNBLENDITE min hbl 082 80.80 81.80 1.00 0.5 0:1 0.027 0.052 0.003 0.063 0.082 0.005

COLOUR: dark green min hbl 083 81.80 83.00 1.20 0.75 1 :2 0.035 0.041 0.003 0.074 0.082 0.005

min hbl 084 83.00 84.00 1.00 2.0 1 :1 0.026 0.050 0.003 0.124 0.144 0.007 GRAIN SIZE: fine to coarse min hbl 085 84.00 85.00 1.00 2.5 1 :1 0.026 0.021 0.003 0.078 0.098 0.006

PLAG (%): <10 min hbl 086 85.00 86.00 1.00 2.0 1:2 0.046 0.173 0.014 0.101 0.128 0.006

min hbl 087 86.00 87.00 1.00 3.0 1 :3 0.051 0.076 0.012 0.142 0.206 0.008 CPX (%): N/A min hbl 088 87.00 88.00 1.00 0.5 1 :2 0.044 0.191 0.014 0.100 0.102 0.004

OPX (%): N/A min hbl 089 88.00 89.00 1.00 0.5 1 :1 0.048 0.157 0.009 0.032 0.054 0.002

Blank 090 89.00 89.00 0.00 0.058 0.100 0.020 0.010 0.009 0.010 OTHER MIN. (%): 5-20% biot, 75-90% amph min hbl 091 89.00 90.20 1.20 1.5 1::1 0.041 0.052 0.003 0.091 0.153 0.007

Typical hornblendite, this unit is distinguished by medium Ton dy 092 90.20 91.30 1.10 0.020 0.016 0.003 0.005 0.005 0.001

grained groundmass with coarse grained amph and biotite min hbl 093 91.30 92.20 0.90 Ir 0.005 0.008 0.003 0.015 0.035 0.004

intermixed. The rock varies from relatively massive to min hbl 094 92.20 93.00 0.80 Ir 0.018 0.022 0.003 0.018 0.039 0.004

moderately foliated, the biotite is secondary and fills in along min hbl 095 93.00 94.00 1.00 Ir 0.016 0.065 0.009 0.017 0.035 0.003

fractures and the foliation. min hbl 096 94.00 95.00 1.00 0.5 0.032 0.124 0.010 0.039 0.064 0.005

Occasional medium to coarse grained felspar sweats, less than min hbl 097 95.00 96.10 1.10 0.25 0.049 0.113 0.014 0.024 0.055 0.004

5cm in width, up to 15-20% feldspar locally, one appears to be hbl/qtz vn 098 96.10 97.00 0.90 Ir 0.042 0.204 0.020 0.002 0.032 0.003

K-spar altered. hbl/qtz vn 099 97.00 98.00 1.00 Ir 1 :0 0.045 0.112 0.010 0.009 0.039 0.002

Sulphide mineralization consists mostly of medium to coarse min hbl 100 98.00 99.20 1.20 2.0 2:1 0.034 0.071 0.008 0.257 0.330 0.011

grained blebs, varies from 0.5% to 4%, po-cp-py ratio is 4-2-1. F.dy 101 99.20 99.80 0.60 0.005 0.008 0.003 0.009 0.012 0.001

min hbl 102 99.80 100.80 1.00 0.5 0.005 0.039 0.003 0.034 0.078 0.005

90.20-91.30: Tonalite Dyke- fine grained, white with black min hbl 103 100.80 101.80 1.00 0.25 0.014 0.031 0.003 0.015 0.043 0.003

specks, 15-20% quartz, sharp contacts at 60-75 degrees to min hbl 104 101.80 102.80 1.00 Ir 0.013 0.130 0.012 0.031 0.047 0.003

core axis. min hbl 105 102.80 103.80 1.00 2.0 0.019 0.134 0.011 0.090 0.132 0.006

min hbl 106 103.80 104.60 0.80 3.0 1 :0 0.023 0.156 0.014 0.170 0.249 0.009

96.1 m-9B.Om: Hornblendite- mixed with about 40% quartz- min hbl 107 104.60 105.20 0.60 3.0 1 :0 0.031 0.160 0.012 0.197 0.270 0.009

feldspar viens, abundant biotite F.dy 108 105.20 106.20 1.00 0.005 0.101 0.008 0.022 0.013 0.001

min hbl 109 106.20 107.20 1.00 Ir 0.005 0.033 0.003 0.031 0.068 0.005

99.2m-99.Bm: Quartz-feldspar dike- sharp contacts at 30 min hbl 110 107.20 108.10 0.90 1.0 1 :2 0.005 0.008 0.003 0.060 0.093 0.005

degrees to core axis, sharp contacts min hbl 111 108.10 109.00 0.90 1.0 1 :0 0.005 0.053 0.003 0.135 0.185 0.007

min hbl 112 109.00 110.00 1.00 1.5 1:0 0.013 0.027 0.003 0.164 0.189 0.008

1 00.Bm-1 01.Bm: Sheared hornblendite and mafic dike material, min hbl 113 110.00 111.00 1.00 2.0 1:0 0.025 0.162 0.015 0.176 0.233 0.008

sheared at 15 degrees to sub-parallel to core axis. min hbl 114 111.00 112.00 1.00 1.0 1 :0 0.021 0.148 0.014 0.171 0.205 0.008

min hbl 115 112.00 113.00 1.00 2.0 1 :0 0.029 0.067 0.Q15 0.215 0.347 0.009

Page 110: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEET NORTH AMERICAN PALLADIUM LTD LAC DES ILES MINES LTD.

LOGGED BY: D.Heerema, J.Rickard SIGNATURE: PROPERTY: Tyko ZONE: N/A HOLE NO.: TK06-003 Page 8 of 11

METERAGE I I ROCK I A1t'n I Bx Matrix I SAMPLES I ASSAYS

FROM I TO I DESCRIPTION CODE Plag IPxrl Comp IProp'nl No. I FROM I TO ILENGTHI %S ICPy:Pol Pd (gl1) I PI (gIt) I Au (gl1) I Cu ("!o) I NI ("!o) I Co ("!o)

1 05.2m-1 06.2m: Pegmatitic felsic dike- medium grained to min hbl 116 113.00 114.00 1.00 2.5 1:0 0.014 0.098 0.011 0.183 0.295 0.010

pegmatitic, sharp contacts at 30 degrees to sub-parallel to core min hbl 117 114.00 115.00 1.00 2.5 1:0 0.015 0.042 0.017 0.229 0.290 0.012

axis, rare cp blebs. Blank 118 115.00 115.00 0.00 2.5 1:0 0.005 0.019 0.003 0.007 0.004 0.009

min hbl 119 115.00 116.00 1.00 1.0 1:0 0.011 0.036 0.006 0.077 0.100 0.006

123.5m to 124.5m: Sheared mix of hornblendite and granite min hbl 120 116.00 117.00 1.00 2.0 0.005 0.038 0.007 0.180 0.230 0.009

min hbl 121 117.00 118.00 1.00 1.5 1 :0 0.017 0.028 0.007 0.175 0.288 0.010

Standard 122 118.00 118.00 0.00 0.765 0.130 0.130 0.049 0.045 0.004

min hbl 123 118.00 119.00 1.00 1.0 1:0 0.012 0.023 0.009 0.274 0.327 0.012

min hbl 124 119.00 119.80 0.80 <1.0 0.028 0.060 0.015 0.090 0.175 0.007

F.dy 125 119.80 120.90 1.10 0.015 0.045 0.012 0.023 0.044 0.002

min hbl 126 120.90 121.80 0.90 2.0 1 :1 0.015 0.008 0.007 0.133 0.199 0.008

min hbl 127 121.80 122.70 0.90 1.5 1:1 0.014 0.029 0.017 0.150 0.210 0.009

min hbl 128 122.70 123.50 0.80 0.5 0.030 0.085 0.012 0.074 0.114 0.006

hbl/gran 129 123.50 124.50 1.00 0.5 0.005 0.025 0.003 0.038 0.052 0.004

124.50 130.00 GRANITE Gran 130 124.50 125.50 1.00 0.005 0.008 0.003 0.004 0.002 0.000

COLOUR: pink to white

GRAIN SIZE: medium to coarse

PLAG (%): 60-70%

CPX (%): N/A

OPX(%): N/A

OTHER MIN. (%): 30-35% quartz, 5% mafics

The unit varies in grain size through the interval; coarser grained and whitish near the top, more pink (k-spar alteration?) through the rest of the inerval. Barren of sulphide, abundant broken core the the interval. Small section of hornblendite at the end of the unit, <0.15m wide, sharp contacts.

130.00 131.30 MAFIC DIKE M.dy 132 130.00 131.30 1.30 0.012 0.019 0.003 0.011 0.005 0.003

COLOUR: dark to light grey

GRAIN SIZE: very fine to fine

Page 111: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEET NORTH AMERICAN PALLADIUM LTD LAC DES ILES MINES LTD.

LOGGED BY: D.Heerema, J.Rickard SIGNATURE: PROPERTY: Tyko ZONE: N/A HOLE NO.: TK06-003 Page 9 of 11

METERAGE I I ROCK I Alt'n I Bx Matrix I SAMPLES I ASSAYS

FROM I TO I DESCRIPTION CODE Plag Ipxrl Comp Iprop'nl No. I FROM I TO ILENGTHI %S ICpy:Pol Pd (gft) I Pt (gIt) I Au (gil) I Cu ("to) I NI (%) I Co ("to)

PLAG (%): N/A

CPX (%): N/A

OPX (%): N/A

OTHER MIN. (%): N/A

Dike is homogenous and weakly magnetic, contains about 40% whitish-grey feldspar, likely a diabase dike, becomes very fine grained toward contacts, the contacts are oriented at 20-30 degrees to core axis.

131.30 140.90 HORNBLENDITE hbl 133 131.30 132.60 1.30 0.021 0.028 0.005 0.010 0.007 0.001

COLOUR: dark green hbl 134 132.60 134.00 1.40 0.015 0.027 0.003 0.004 0.004 0.001

hbl 135 134.00 135.00 1.00 0.019 0.026 0.003 0.002 0.003 0.001 GRAIN SIZE: medium to coarse hbl 136 135.00 136.00 1.00 0.014 0.041 0.003 0.002 0.004 0.001

PLAG (%): <10 hbl 137 136.00 137.00 1.00 0.039 0.075 0.010 0.001 0.009 0.002

hbl 138 137.00 138.00 1.00 0.017 0.077 0.003 0.000 0.004 0.001 CPX (%): N/A hbl 139 138.00 139.00 1.00 0.016 0.073 0.003 0.000 0.007 0.002

OPX (%): N/A hbl 140 139.00 140.00 1.00 0.005 0.022 0.003 0.000 0.006 0.002

Standard 141 140.00 140.00 0.00 2.993 0.311 0.373 0.166 0.119 0.005 OTHER MIN. (%): >90 amph hbl 142 140.00 140.90 0.90 0.013 0.077 0.005 0.001 0.012 0.003

Similar to the mineralized hornblendite above, but this unit is distinguished by a lack of sulphide, lighter green colour, extensive k-spar alteration, coarser grain size and lack of abundant biotite. Numerous pinkish feldspar sweats found throughout, typically medium to coarse grained, make up about 5-10% of the unit. The hornblende has a mottled appearance, likely due to the pervasive chlorite alteration, many of the grains have a recrystallized appearance. The rock is non-magnetic and is more altered in areas where the core is broken.

140.90 169.50 DIABASE diab 143 140.90 141.90 1.00 0.005 0.042 0.003 0.009 0.009 0.004

COLOUR: dark to light grey

Page 112: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEET NORTH AMERICAN PALLADIUM LTD LAC DES ILES MINES LTD.

LOGGED BY: D.Heerema, J.Rickard SIGNATURE: PROPERTY: Tyko ZONE: N/A HOLE NO.: TK06-003 Page 10 of 11

METERAGE I I ROCK I A1t'n I Bx Matrix I SAMPLES I ASSAYS

FROM I TO I DESCRIPTION CODE Plag Ipxr I Comp Iprop·nl No. I FROM I TO ILENGTHI %S ICpy:Pol Pd (gIt) I Pt (gIt) I Au (gIt) I Cu (%) I NI (%) I Co (%)

GRAIN SIZE: very fine to fine grained

PLAG (%): N/A

CPX (%): N/A

OPX (%): N/A

OTHER MIN. (%): N/A

The dike is mostly fine grained, but there are very fine grained chilled margins (approx. 0.5m wide) along the upper and lower contacts. The contacts are sharp at 20-30 degrees to core axis. The rock is very homogenous and appears to be the youngest unit in the area. Sulphide is very rare, one small bleb and rare specks of sulphide were observed. The rock varies from moderately magnetic to strongly magnetic.

169.50 182.30 HORNBLENDITE

COLOUR: dark green

GRAIN SIZE: medium to coarse

PLAG (%): <5

CPX(%): N/A

OPX (%): N/A

OTHER MIN. (0/0): 95% amph

This rock is quite similar to the hornblendite above the diabase dike, but it is not as coarse grained and does not have any obvious recrystallized amphibole textures. There are numerous pink granitic dikes and veins cutting through the hornblendite, making up about 20% of the interval. Overall the rock is non-magnetic and contains no sulphide.

173.5m to 176.7: Peridotite?- dark grey to light grey, texturally

Page 113: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEET NORTH AMERICAN PALLADIUM LTD LAC DES ILES MINES LTD.

LOGGED BY: D.Heerema, J.Rickard SIGNATURE: PROPERTY: Tyko ZONE: N/A HOLE NO.: TK06-003 Page 11 of 11

METERAGE I I ROCK I ~t'n J Bx Matrix I SAMPLES I ASSAYS FROM I TO I DESCRIPTION CODE Plag Ipxrl Comp Iprop·nl No .. 1 FROM I TO ILENGTHI %5 ICpy:pol Pd (gIt) I Pt (gft) I Au (gft) I Cu ("!o) I NI ("!o) I Co ("!o)

different from the surrounding hornblendite, contains patches of grey minerals (talc altered olivines?), gradational contacts, moderately magnetic, no sulphide.

182.30 200.00 XENOLITH-BEARING GRANITE

COLOUR: pink and white

GRAIN SIZE: fine to medium

PLAG (%): 50-70

CPX (%): N/A

OPX (%): N/A

OTHER MIN. (%): 30-50% quartz, <5% mafics

Unit is approximately 90% granite with xenoliths of amphibolite that are in very sharp contact with the granite at varying angles to core axis.The granite is variably altered, pervasive hematite or k-spar altered fracture zones. Both units are barren of sulphide and are typically non-magnetic.

188.9m-189.3m, 197.4m-198.1m and 199.7m-200.0m: Amphibolite xenoliths- finer grained (fine to medium) than the surrounding hornblendite and can contain up to 15% biotite in places.

EOH

Printed: November 23.2006

Page 114: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEET NORTH AMERICAN PALLADIUM LTD LAC DES ILES MINES LTD.

PROPERTY: Tyko CLAIM NO.: 4203385 DOWNHOLE SURVEY METHOD: EZ Shot REMARKS: Exploration hole planned to determine orientation

HOLE NO.: TK06-004 LENGTH (m): 143.0 CORE SIZE: NQ DOWNHOLE SURVEY BY: Bradley Brothers of mineralization intercepted in TK-06-003.

COORD SYSTEM: UTM zone 16 (Nad 83) NORTHING: 5421608.000 EASTING: 604499.000 COLLAR SURVEY BY: J. Rickard Mineralization is coincident with an IP anomaly.

SECTION: N/A ZONE: N/A ELEVATION (m): 390.000 DRILLING COMPANY: Bradley Brothers

COLLAR ORIENTATION (AZIMUTH/DIP) PLANNED: 17.0 1-45.0 SURVEYED: I DATE LOGGED: Mar. 25, 2006 TO Mar. 27, 2006 Core Storage Tyko Property

HOLE STARTED: March 23, 2006 HOLE FINISHED: March 25, 2006 MAG: 7.02 w LOGGED BY: J.Rickard, D. Heerema Page 1 of 7

METERAGE

I ROCK I A1t'n I Bx Matrix I SAMPLES I ASSAYS

FROM I TO DESCRIPTION CODE Plag Ipxr I Comp IProp'nl No. I FROM I TO ILENGTHI %5 ICPy:Pol Pd (g/t) I Pt (glt) I Au (git) I Cu (%) I Ni (%) I Co (%)

0.00 4.00 CASING

COLOUR: N/A

GRAIN SIZE: N/A

PLAG (%): N/A

CPX (%): N/A

OPX (%): N/A

OTHER MIN. (%): N/A

4.00 14.50 FOLIATED GABBRO

COLOUR: dark green and white-grey

GRAIN SIZE: medium

PLAG (%): 50-55

CPX (%): N/A

OPX (%): N/A

OTHER MIN. (%): 45-50% Amph

Strongly foliated and altered gabbro that is cross-cut by numerous felsic dikes that make up about 10% of the interval. The gabbro is foliated at 30 degrees to sub-parallel to core axis and in some places appears sheared. Trace amounts of magnetic po along fractures.

Page 115: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEET NORTH AMERICAN PALLADIUM LTD LAC DES ILES MINES LTD.

LOGGED BY: J.Rickard, D. Heerema SIGNATURE: PROPERTY: Tyko ZONE: N/A HOLE NO.: TKOS-004 Page 2 of 7

METERAGE I I ROCK I A1t'n I Bx Matrix I SAMPLES I ASSAYS FROM I TO I DESCRIPTION CODE Plag IPxrl Comp Iprop'nl No. I FROM I TO ILENGTHI %S Icpy:Pol Pd (gft) I Pt (gIt) I Au (gft) I Cu (%) I NI ("10) I Co ("10)

14.50 24.30 MIGMATITE mgmt 001 20.90 21.40 0.50 0.005 0.008 0.003 0.009 0.013 0.001

COLOUR: grey-white to green hbl 002 21.40 22.40 1.00 tr 0.005 0.072 0.003 0.012 0.031 0.004

hbl/amph 003 22.40 23.10 0.70 0.25 0.005 0.008 0.003 0.010 0.033 0.004 GRAIN SIZE: fine to medium mgmt 004 23.10 24.30 1.20 0.005 0.008 0.010 0.008 0.003 0.001

PLAG (%): N/A

CPX (%): N/A

OPX (%): N/A

OTHER MIN. (%): N/A

Chaotic mix of mafic and felsic units, cross-cut by a wide granitic dike. Some sections appear to be banded tonalite mixed with biotite-rich, foliated mafic material. Some trace amounts of pyrite are scattered in the more mafic sections.

1S.0m-19.7m: Granite Dike- fine to medium grained, pinkish-white, 2-10% mafic minerals, sharp contacts at 70 degrees to core axis.

21.4m-22.4m: Hornblendite?- possibly a "cooked up" clast of hornblendite, abundant biotite, up to 20%; trace sulphide.

24.30 48.90 MINERALIZED BIOTITE HORNBLENDITE hbl 005 24.30 25.00 0.70 4.0 1:2 0.005 0.021 0.003 0.401 0.347 0.011

COLOUR: Dark green and brown shrd amph 006 25.00 26.30 1.30 tr 0.005 0.025 0.003 0.067 0.052 0.005

hbl 007 26.30 27.00 0.70 4.0 1 :2 0.018 0.065 0.003 0.192 0.253 0.009 GRAIN SIZE: fine to medium hbl 008 27.00 28.00 1.00 3.0 0:1 0.024 0.068 0.003 0.209 0.327 0.010

PLAG (%): <2% hbl 009 28.00 29.00 1.00 2.0 0:1 0.022 0.104 0.005 0.195 0.260 0.008

hbl 010 29.00 30.00 1.00 1.5 1 :1 0.020 0.059 0.008 0.412 0.285 0.012 CPX (%): N/A hbl 011 30.00 31.00 1.00 1.0 0:1 0.D10 0.008 0.003 0.145 0.189 0.007

OPX (%): N/A hbl 012 31.00 32.00 1.00 2.0 0:1 0.032 0.067 0.005 0.153 0.268 0.008

F.dy 013 32.30 34.00 1.70 0.005 0.017 0.003 0.014 0.012 0.001 OTHER MIN. (%): 15-20% biotite, 80-85% amph hbl 014 34.00 35.00 1.00 2.5 0:1 0.045 0.100 0.003 0.279 0.377 0.012

Unit is relatively massive and does not have a fabric that hbl 015 35.00 36.00 1.00 2.5 0:1 0.041 0.081 0.003 0.191 0.294 0.010

continues through the rock. However, there are numerous hbl 016 36.00 37.00 1.00 0.5 1:2 0.015 0.029 0.003 0.140 0.202 0.008

hbl 017 37.00 38.00 1.00 2.0 1:1 0.005 0.008 0.003 0.030 0.037 0.005

Page 116: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEET NORTH AMERICAN PALLADIUM LTD LAC DES ILES MINES LTD.

LOGGED BY: J.Rickard, D. Heerema SIGNATURE: PROPERTY: Tyko ZONE: N/A HOLE NO.: TK06-004 Page 3 of 7

METERAGE I ~ ROCK I Alt'n I Bx Matrix I SAMPLES I ASSAYS

FROM I TO I DESCRIPTION CODE Plag Ipxrj Comp JProp'nl No. J FROM I TO ILENGTHI %S Icpy:Pol Pd (gil) I Pt (gft) I Au (gil) I Cu (%) I NI (%) I Co (%)

shears that cut through the interval. Biotite content is variable, hbl 018 38.00 39.00 1.00 0.5 0:1 0.005 0.008 0.003 0.046 0.059 0.005

mostly disseminated throughout the rock, but is concentrated hbl 019 39.00 40.00 1.00 1.5 0:1 0.005 0.036 0.003 0.056 0.084 0.005

along structures. hbl 020 40.00 40.95 0.95 1.5 0:1 0.014 0.027 0.003 0.048 0.103 0.006

Sulphide is pervasive through the interval and relatively Standard 021 40.95 40.95 0.00 4.490 0.378 0.119 0.053 0.053 0.007

continuous, but there are significant changes in the abundance shrd amph 022 40.95 42.20 1.25 1.0 0.005 0.024 0.003 0.031 0.043 0.004

(from <0.5% to 5%) hbl 023 42.20 43.00 0.80 3.0 1:4 0.044 0.073 0.006 0.123 0.206 0.007

Blank 024 43.00 43.00 0.00 0.005 0.028 0.003 0.009 0.006 0.011

25.0m-26.3m: Sheared Amphibolite- pervasive biotite, sheared hbl 025 43.00 44.00 1.00 2.5 1:2 0.012 0.024 0.003 0.115 0.159 0.005

at 30 degrees to sub-parallel to core axis. hbl 026 44.00 45.00 1.00 2.5 1:3 0.005 0.008 0.003 0.153 0.214 0.008

hbl 027 45.00 46.00 1.00 3.5 1:4 0.020 0.015 0.003 0.162 0.246 0.008 32.3m-34.0m and 48.3m-48.5m: Felsic Dikes- granitic, white to hbl 028 46.00 47.00 1.00 1.5 1:3 0.019 0.028 0.003 0.207 0.361 0.011 pink, sharp contacts at 30-50 degrees to core axis. hbl 029 47.00 48.30 1.30 3.0 0:1 0.025 0.023 0.003 0.137 0.293 0.011

F.dy 030 48.30 48.50 0.20 0.021 0.026 0.003 0.016 0.015 0.001 40.95m-42.2m: Amphibolite- dark grey to black, fine grained, hbl 031 48.50 48.90 0.40 10 0:1 0.034 0.045 0.006 0.261 0.369 0.011 foliated.

48.90 72.34 MINERALIZED HORNBLENDITE hbl 032 48.90 50.00 1.10 2.5 1 :2 0.041 0.065 0.017 0.301 0.245 0.009

COLOUR: dark to light green and grey hbl 033 50.00 51.00 1.00 2.5 1:2 0.027 0.045 0.010 0.211 0.231 0.008 hbl 034 51.00 52.00 1.00 2.0 1:2 0.030 0.055 0.003 0.305 0.480 0.016

GRAIN SIZE: medium to coarse hbl 035 52.00 53.00 1.00 3.0 1 :3 0.055 0.072 0.022 0.440 0.477 0.016

PLAG (%): N/A hbl 036 53.00 53.80 0.80 3.0 1 :3 0.048 0.080 0.016 0.449 0.529 0.015

hbl/F.dy 037 53.80 54.40 0.60 1.0 1:2 0.031 0.051 0.006 0.218 0.201 0.007 CPX (%): N/A shrd amph 038 54.40 55.60 1.20 2.0 0:1 0.025 0.048 0.003 0.112 0.159 0.007

OPX (%): N/A hbl 039 55.60 56.30 0.70 2.0 0:1 0.017 0.049 0.003 0.191 0.273 0.009

hbl 040 56.30 57.25 0.95 2.0 1 :1 0.013 0.032 0.005 0.198 0.254 0.009 OTHER MIN. (%): 5-10% biotite, 90-95% am ph shrd amph 041 57.25 57.80 0.55 1.0 0.005 0.022 0.003 0.065 0.024 0.005

This hornblendite is somewhat different than above. It contains hbl 042 57.80 59.00 1.20 1.5 0:1 0.011 0.030 0.005 0.202 0.268 0.010

less biotite and is characterized by coarse grained amphiboles hbl 043 59.00 60.00 1.00 2.5 1:2 0.011 0.025 0.003 0.280 0.354 0.011

surrounded by finer grained amph, biotite and chlorite?, giving Blank 044 60.00 60.00 0.00 0.005 0.016 0.008 0.014 0.007 0.009

the rock a unique texture (not quite porphyritic). The rock is Gran dy 045 60.00 60.60 0.60 0.5 2:1 0.005 0.008 0.003 0.039 0.032 0.001

relatively massive without an obvious fabric, grain boundaries hbl 046 60.60 61.20 0.60 1.5 1 :1 0.023 0.038 0.025 0.134 0.240 0.009

are diffuse. It is non-magnetic, but it does contain magnetic Gran dy 047 61.20 62.00 0.80 0.005 0.038 0.006 0.006 0.006 0.000

pyrrhotite. Gran dy 048 62.00 63.00 1.00 0.005 0.019 0.005 0.002 0.000 0.000

Sulphide is continuous through the interval, mostly pyrrhotite Gran dy 049 63.00 64.30 1.30 0.005 0.016 0.006 0.011 0.006 0.000

and chalcopyrite, found as blebs and fine disseminations that hbl 050 64.30 65.00 0.70 3.0 1 :3 0.015 0.052 0.021 0.277 0.353 0.011

Page 117: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEET NORTH AMERICAN PALLADIUM LTD LAC DES ILES MINES LTD.

LOGGED BY: J.Rickard, D. Heerema SIGNATURE: PROPERTY: Tyko ZONE: N/A HOLE NO.: TK06-004 Page 4 of 7

METERAGE I I ROCK I A1t'n I Bx Matrix I SAMPLES I ASSAYS FROM I TO I DESCRIPTION CODE Plag Ipxrl Comp IproP'nl No. I FROM I TO ILENGTHI %S Icpy:Pol Pd (gil) I Pt (gil) I Au (gil) I Cu (%) I NI (%) I Co (%)

vary in abundance from 1-10%, po>cp»pyr. Standard 051 65.00 65.00 0.00 0.823 0.115 0.092 0.046 0.047 0.004

hbl 052 65.00 66.00 1.00 3.0 1:4 0.037 0.044 0.031 0.348 0.387 0.013

54.4m-55.6m and 57.25-57.8- Sheared Amphibolite- fine hbl 053 66.00 67.00 1.00 2.5 1 :3 0.019 0.062 0.032 0.455 0.381 0.012

grained, strongly sheared at 40-45 degrees to core axis. hbl 054 67.00 68.00 1.00 3.0 1:3 0.025 0.055 0.019 0.220 0.278 0.010

hbl 055 68.00 69.00 1.00 0.5 1 :2 0.005 0.040 0.012 0.105 0.125 0.006

60.0m-60.6m, 61.2m-64.3m and 68.7 4m-68,98m- Granitic hbl 056 69.00 70.00 1.00 0.5 1 :2 0.014 0.036 0.011 0.136 0.184 0.007

Dikes- fine to medium grained, pink-white, sharp contacts at 50- hbl 057 70.00 71.00 1.00 <0.5 1 :1 0.005 0.031 0.011 0.085 0.148 0.006

60 degrees to core axis. hbl 058 71.00 72.34 1.34 0.5 1 :1 0.013 0.036 0.009 0.093 0.123 0.006

72.34 92.00 MINERALIZED HORNBLENDITE minhbl 059 72.34 73.00 0.66 0.25 1 :1 0.031 0.070 0.012 0.110 0.176 0.006

COLOUR: dark green min hbl 060 73.00 74.00 1.00 <0.5 2:1 0.036 0.058 0.011 0.164 0.280 0.007

Blank 061 74.00 74.00 0.00 - - 0.005 0.022 0.005 0.007 0.005 0.007 GRAIN SIZE: fine to medium-grained min hbl 062 74.00 75.00 1.00 tr - 0.025 0.050 0.009 0.062 0.089 0.004

PLAG (%): locally upto 30% min hbl 063 75.00 76.00 1.00 0.25 1 :1 0.037 0.072 0.010 0.129 0.144 0.005

min hbl 064 76.00 77.11 1.11 5 4:1 0.239 0.174 0.030 0.397 0.903 0.029 CPX (%): N/A Gr 065 77.11 78.45 1.34 - - 0.005 0.029 0.009 0.012 0.004 0.000

OPX (%): N/A Gr 066 78.45 79.77 1.32 tr - 0.005 0.025 0.009 0.021 0.085 0.001

min hbl 067 79.77 81.00 1.23 <0.5 1 :1 0.016 0.037 0.002 0.072 0.058 0.004 OTHER MIN. (%): N/A min hbl 068 81.00 82.00 1.00 0.75 1:2 0.051 0.088 0.007 0.176 0.331 0.007

Finer-grained hornblendite than described above, without any of min hbl 069 82.00 83.00 1.00 3 1:3 0.095 0.054 0.010 0.474 0.975 0.Q16

the coarse-grained amphiboles. This hornblendite for the most min hbl 070 83.00 84.00 1.00 20 1 :4 0.161 0.203 0.006 0.538 1.415 0.031

part is massive. Dark hbl, amph and chi with sections within min hbl 071 84.00 85.00 1.00 3 1:3 0.024 0.066 0.003 0.158 0.285 0.005

containing dotty plag and k-spar. Locally the rock resembles a min hbl 072 85.00 86.00 1.00 3 1:2 0.043 0.075 0.003 0.199 0.288 0.006

melanohornblende gabbro. It appears as though the coarser min hbl 073 86.00 87.00 1.00 3 1:2 0.033 0.056 0.003 0.191 0.512 0.009

sulphides are associated with the felsic and minor silicous Blank 074 87.00 87.00 0.00 - - 0.005 0.008 0.003 0.015 0.004 0.007

material. min hbl 075 87.00 88.00 1.00 5 1:2 0.061 0.087 0.003 0.219 0.466 0.009

No foliation or variable texture of the mafic grains. min hbl 076 88.00 89.00 1.00 0.25 1:2 0.033 0.104 0.003 0.185 0.156 0.004

Zone is cross-cut by granitic veins/dikes of variable widths min hbl 077 89.00 90.00 1.00 0.25 1 :1 0.037 0.053 0.003 0.203 0.127 0.003

ranging from mm to m scale. min hbl 078 90.00 91.00 1.00 0.5 1:2 0.056 0.109 0.003 0.250 0.228 0.004

Sulphide mineralization present in the unit as fine min hbl 079 91.00 92.00 1.00 0.25 2:1 0.017 0.028 0.003 0.084 0.056 0.002

disseminations, blebs and local semi-massive veins: strongest hbl 080 92.00 93.00 1.00 tr - 0.005 0.031 0.003 0.084 0.053 0.003

between 76m and 88m. The finely disseminated po, cpyand py are found within the massive, fine-medium-grained relatively unaltered material. The blebby sulphides are concentrated mainly between 76m and 89m but are sporadic throughout the

Page 118: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEET NORTH AMERICAN PALLADIUM LTD LAC DES ILES MINES LTD.

LOGGED BY: J.Rickard, D. Heerema SIGNATURE: PROPERTY: Tyko ZONE: N/A HOLE NO.: TK06-004 Page 5 of 7

METERAGE I 1 ROCK I A1t'n I Bx Matrix I SAMPLES I ASSAYS FROM I TO I DESCRIPTION CODE Plag Ipxrl Comp jProp'nl No. J FROM J TO ILENGTHl %S ICPy:pol Pd (gil) I Pt (gil) 1 Au (gil) I Cu (%) I NI (%) I Co (%)

unit. The po:cpy ratio in the blebs is generally 1 :1. Semi-massive veins and net-textured sulfides are mainly pyrrhotite with less chalcopyrite and minor pyrite, 3:1 :trace respectively. These veins of semi-massive material contain large euhedral amph within as well as inclusions of chalcopyrite blebs ranging from 0.3cm to 1.2cm.

76.25m: 5cm section of very coarse po + cpy blebs up to 2cm in diameter

76.67 - 76.72m: semi-massive vein at approx 45 degrees to core axis -po:cpy ratio of 6:1 -40-45% sulfides

82.17 - 82.22m: net-textured po + less cpy within a felsic/silicous section -the sulphides are found wrapping between and around the felsic grains taking the place of the mafic component

83.60 - 83.73m: semi-massive sulphide vein at 86 degrees to core axis -as mentioned above; contains large amph grains as well as cpy inclusions up to 1.2cm in diameter. -sharp contacts -po:cpy ratio of approx 3:1 respectively

77.11 - 79.77m: granite dike at 65 degrees to core axis -white to pinkish with 10% fine biotite -no sulphides

Page 119: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEET NORTH AMERICAN PALLADIUM LTD LAC DES ILES MINES LTD.

LOGGED BY: J.Rickard, D. Heerema SIGNATURE: PROPERTY: Tyko ZONE: N/A HOLE NO.: TK06-004 Page 6 of 7

METERAGE I 1 ROCK I Alt'n I Bx Matrix I SAMPLES I ASSAYS FROM I TO I DESCRIPTION CODE Plag Ipxrl Comp IproP'nl No. I FROM

I TO ILENGTHI %s ICpy:Pol Pd (gIt) I PI (gil) I Au (gil) I Cu (%) I Nt (%) I Co (%) 92.00 107.00 HORNBLENDITE Standard 081 93.00 93.00 0.00 - - 3.385 0.398 0.676 0.170 0.134 0.005

COLOUR: green/grey/black hbl 082 93.00 94.00 1.00 - - 0.005 0.020 0.003 0.006 0.029 0.003

hbl 083 94.00 95.00 1.00 - - 0.005 0.017 0.003 0.014 0.036 0.003 GRAIN SIZE: fine to medium-grained hbl 084 95.00 96.00 1.00 - - 0.005 0.008 0.003 0.011 0.018 0.002

PLAG (%): N/A hbl 085 96.00 97.00 1.00 tr - 0.005 0.026 0.003 0.008 0.022 0.003

hbl 086 97.00 98.00 1.00 tr - 0.005 0.008 0.003 0.075 0.021 0.004 CPX (%): N/A hbl 087 98.00 99.00 1.00 tr - 0.005 0.021 0.003 0.005 0.015 0.002

OPX (%): N/A Blank 088 99.00 99.00 0.00 - - 0.005 0.008 0.003 0.023 0.005 0.007

hbl 089 99.00 100.00 1.00 tr - 0.005 0.008 0.003 0.004 0.013 0.003 OTHER MIN. (%): N/A hbl 090 100.00 101.00 1.00 tr - 0.034 0.036 0.003 0.016 0.034 0.002

Similar to the mineralized unit above, but without the sulphide hbl 091 101.00 102.00 1.00 0.25 1 :1 0.048 0.071 0.003 0.090 0.076 0.003

mineralization. The rock is a hornblendite that is heavily altered hbl 092 102.00 103.00 1.00 tr - 0.014 0.023 0.Q11 0.026 0.013 0.002

to biotite and chlorite. Local sections exhibit a foliation and hbl 093 103.00 104.00 1.00 tr - 0.017 0.008 0.003 0.032 0.014 0.002

stronger biotite alteration in close proximity to granitic dikes. hbl 094 104.00 105.00 1.00 tr - 0.025 0.047 0.009 0.058 0.051 0.004

Numerous narrow granitic dikelets «0.5m) cross-cut core axis hbl 095 105.00 106.00 1.00 - - 0.037 0.070 0.009 0.059 0.101 0.006

at approximately 40 degrees to core axis. hbl 096 106.00 107.00 1.00 <0.25 1 :1 0.031 0.020 0.008 0.058 0.053 0.003

The unit is much more fractured and blocky than the mineralized zone above. Trace to minor sulphides present as fine disseminations.

97.23 - 97.55m: granite dike at 35 degrees to core axis -large 15cm semi-transparent quartz vein in the center of the dike

107.00 109.41 MINERALIZED HORNBLENDITE min hbl 097 107.00 108.00 1.00 3 1:2 0.152 0.179 0.014 0.199 0.565 0.009

COLOUR: green/grey/black min hbl 098 108.00 109.00 1.00 1.5 1 :3 0.054 0.087 0.014 0.168 0.272 0.005

min hbl 099 109.00 109.41 0.41 1 1 :3 0.111 0.154 0.021 0.304 0.211 0.005 GRAIN SIZE: medium-grained

PLAG (%): N/A

CPX (%): N/A

OPX (%): N/A

OTHER MIN. (%): N/A

Page 120: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEET NORTH AMERICAN PALLADIUM LTD LAC DES ILES MINES LTD.

LOGGED BY: J.Rickard, D. Heerema SIGNATURE: PROPERTY: Tyko ZONE: N/A HOLE NO.: TK06-004 Page 7 of 7

METERAGE I 1 ROCK I Alt'n I Bx Matrix I SAMPLES I ASSAYS FROM I TO 1 DESCRIPTION CODE Plag Ipxr I Comp IProp'nl No. I FROM I TO ILENGTHI %S Icpy:Pol Pd (gft) I Pt (gIt) I Au (gIt) I Cu ("!o) I NI ("!o) I Co ("!o)

Assemblage of altered hornblende, biotite and amphibole with an average sulphide content of 2%. It is subtle and hard to see, but it appears that anastomizing wisps of biotite along with the mineralization appear to be wrapping around large amphibole. The mineralization is both disseminated and blebby with the latter being the less abundant. Pyrrhotite is the abundant sulphide with a 3:1 ratio with chalcopyrite. In the blebs, it is evident that the chalcopyrite is rimming the perimeter of the pyrrhotite. Sharp lower contact with granite below.

109.41 143.00 GRANITE COLOUR: N/A

GRAIN SIZE: N/A

PLAG (%): N/A

CPX (%): N/A

OPX (%): N/A

OTHER MIN. (%): N/A

This unit is basically a pinkish white, unfoliated granite containing mylonite rafts of various sizes. The granite is felsic-rich with only approximately 15-20% hbl. The rafts of mylonite are strongly foliated and vary from mafic-rich layers to felsic-rich layers with local porpyritic sections. Contacts within the mylonite are moderate to diffuse. Minor pyrite with fractures in the mylonite. The unit is approximately 65% mylonite and 35% granite with the last 10m of the unit being 90% granite.

End of Hole Printed: November 23, 2006

Page 121: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEET NORTH AMERICAN PALLADIUM LTD LAC DES ILES MINES LTD.

PROPERTY: Tyko CLAIM NO.: 4203385 DOWNHOLE SURVEY METHOD: EZ Shot REMARKS: Hole designed to intercept the RJ Showing

HOLE NO.: TK06-005 LENGTH (m): 110.0 CORE SIZE: NO DOWNHOLE SURVEY BY: Bradley Brothers intrusive further west from holes TK-06-003 and

COORD SYSTEM: UTM zone 16 (Nad 83) NORTHING: 5421616.000 EASTING: 604466.000 COLLAR SURVEY BY: D.Heerema TK-06-004. EZ Shot surveys: 27.3 az, -45.9 dip, 5892 mag @ 23m; 29.1 az, -44.7 dip, 5782 mag @

SECTION: N/A ZONE: N/A ELEVATION (m): 390.000 DRILLING COMPANY: Bradley Brothers 104m. COLLAR ORIENTATION (AZIMUTH/DIP) PLANNED: 15.0 1-45.0 SURVEYED: I DATE LOGGED: Mar. 30, 2005 TO Mar. 30, 2005 Core Storage Lac Des lies

HOLE STARTED: March 26, 2005 HOLE FINISHED: March 27, 2005 MAG: 7.0o w LOGGED BY: D.Heerema Page 1 of 5

METERAGE I I ROCK I A1t'n I Bx Matrix I SAMPLES I ASSAYS

FROM I TO I DESCRIPTION CODE Plag Ipxrl Comp IProp'"1 No. I FROM I TO ILENGTHI %S ICPy:Pol Pd (glt) I Pt (glt) I Au (gIt) I Cu (%) I Ni (%) I Co (%)

0.00 4.60 CASING

COLOUR: N/A GRAIN SIZE: N/A

PLAG (%): N/A

CPX (%): N/A

OPX (%): N/A

OTHER MIN. (%): N/A

4.60 18.35 GRANITE BRECCIA Grbx 001 16.60 17.55 0.95 0.25 1 :0 0.012 0.024 0.003 0.027 0.068 0.001

COLOUR: N/A Grbx 002 17.55 18.35 0.80 - - 0.005 0.033 0.003 0.029 0.015 0.001

GRAIN SIZE: N/A

PLAG (%): N/A

CPX (%): N/A

OPX (%): N/A

OTHER MIN. (%): N/A

A mixture of granite, amphibolite and foliated tonalitic material. The fine-grained amphibolite is strongly foliated and mainly biotite. The upper 12.7m is 70% amphibolite with pinkish coloured granite cutting through. Below 12.7 to 18.35 is a strongly foliated tonalite that has been cross-cut by a younger coarse-grained to pegamtitic granite. Contacts are sharp and chalcopyrite is found in the lower 2m associated with semi-

Page 122: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEET NORTH AMERICAN PALLADIUM LTD LAC DES ILES MINES LTD.

LOGGED BY: D.Heerema SIGNATURE: PROPERTY: Tyko ZONE: N/A HOLE NO.: TK06-005 Page 2 of 5

METERAGE I I ROCK I Alt'n I Bx Matrix I SAMPLES I ASSAYS FROM I TO I DESCRIPTION CODE p'aglpxrl Comp IProp'nl No. I FROM I TO ILENGTHI %S Icpy:Pol Pd (gIt) I Pt (gft) I Au (gIt) I Cu ("!o) T NI ("!o) I Co ("!o)

transparent quartz and biotite.

18.35 44.14 MINERALIZED HORNBLENDITE min hbl 003 18.35 18.82 0.47 0.25 1 :1 0.011 0.027 0.003 0.067 0.131 0.004

COLOUR: greenlblack Gr 004 18.82 19.10 0.28 - . 0.005 0.008 0.003 0.015 0.001 0.000

min hbl 005 19.10 20.00 0.90 2 1 :1 0.025 0.049 0.007 0.176 0.230 0.006 GRAIN SIZE: fine to medium-grained min hbl 006 20.00 21.00 1.00 3 1 :2 0.053 0.071 0.008 0.384 0.544 0.010

PLAG (%): N/A min hbl 007 21.00 22.00 1.00 6 1:2 0.054 0.068 0.003 0.382 1.389 0.022

min hbl 008 22.00 23.00 1.00 <0.5 1:2 0.038 0.036 0.003 0.287 0.236 0.009 CPX (%): N/A min hbl 009 23.00 24.00 1.00 7 1 :3 0.101 0.101 0.010 0.407 0.377 0.009

OPX (%): N/A min hbl 010 24.00 25.00 1.00 2 1 :2 0.028 0.058 0.003 0.181 0.236 0.005

min hbl 011 25.00 26.00 1.00 8 1:2 0.108 0.146 0.045 0.389 1.040 0.019 OTHER MIN. (%): N/A min hbl 012 26.00 27.00 1.00 10 1:4 0.154 0.235 0.011 0.599 1.640 0.025

Fairly massive unit of finer grained hbl, biotite and green Blank 013 27.00 27.00 0.00 - - 0.025 0.068 0.Q17 0.012 0.009 0.009

amphiboles. The upper 2m of the unit is a finer-grained min hbl 014 27.00 28.00 1.00 12 1:1 0.116 0.156 0.019 0.946 1.055 0.015

amphibole-rich section. The presence of biotite is greatest as min hbl 015 28.00 29.00 1.00 5 1:1 0.099 0.171 0.014 0.375 0.789 0.016

alteration halos surrounding felsic dikes. Numerous granite minhbl 016 29.00 30.00 1.00 4 1:2 0.121 0.226 0.007 0.206 0.566 0.011

dikes cross-cut the unit causing a local injection type breccia min hbl 017 30.00 30.80 0.80 1 1 :1 0.086 0.096 0.014 0.214 0.335 0.006

which is strongest between 31.15 and 36.4m. Here the granite min hbl 018 30.80 31.20 0.40 30 1 :4 0.230 0.615 0.015 0.513 2.817 0.067

diking is approximately 65% of this section. The dikes are min hbl 019 31.20 32.00 0.80 0.25 1:0 0.017 0.028 0.009 0.123 0.169 0.004

generally <1 m in length and strongly foliated. Other than this min hbl 020 32.00 32.80 0.80 3 1:1 0.093 0.074 0.008 0.215 0.530 0.011

highly intruded section, the rest of the unit contains very little Standard 021 32.80 32.80 0.00 - - 5.006 0.356 0.192 0.051 0.054 0.007

diking. Chalcopyrite mineralization within the hornblendite is Gr 022 32.80 33.63 0.83 0.25 1 :0 0.005 0.022 0.003 0.024 0.052 0.002

stronger within and around these dikes. min hbl 023 33.63 34.40 0.77 <0.5 2:1 0.025 0.061 0.010 0.094 0.169 0.004

The mineralization throughout the unit is approximately 7-8% min hbl 024 34.40 35.41 1.01 0.75 1 :1 0.025 0.056 0.025 0.134 0.096 0.004

overall, with the strongest mineralization found between 21 and min hbl 025 35.41 36.41 1.00 0.25 4:1 0.005 0.016 0.029 0.084 0.033 0.002

31 m averaging 10%. The sulphides are generally coarse blebs min hbl 026 36.41 37.15 0.74 0.5 1 :1 0.021 0.065 0.029 0.134 0.137 0.004

of pyrite, pyrrhotite and chalcopyrite with sections of finer min hbl 027 37.15 38.00 0.85 1 1 :1 0.048 0.074 0.060 0.360 0.232 0.006

disseminated material. The first 2m of the unit contains finely min hbl 028 38.00 39.00 1.00 0.5 1:0 0.083 0.163 0.046 0.322 0.369 0.008

disseminated material that gradually increases downhole to Blank 029 39.00 39.00 0.00 - - 0.026 0.063 0.009 0.010 0.004 0.008

coarser blebs that reach 3cm in diameter. The sulphides min hbl 030 39.00 40.00 1.00 0.25 1:1 0.049 0.066 0.030 0.135 0.091 0.004

diminish in quantity and size below 31 m. Local sections within min hbl 031 40.00 41.00 1.00 0.5 1 :1 0.050 0.052 0.017 0.166 0.066 0.004

the strongest mineralization appear net-textured over 5cm min hbl 032 41.00 42.00 1.00 2 2:1 0.062 0.077 0.068 0.486 0.148 0.005

intervals. Locally as well, areas show evidence of the sulphides min hbl 033 42.00 43.00 1.00 0.25 1 :1 0.014 0.026 0.006 0.030 0.018 0.003

forming between large mafic grains. min hbl 034 43.00 44.14 1.14 0.25 - 0.083 0.107 0.028 0.252 0.083 0.003

Pyrite and pyrrhotite are the most abundant sulphides with less

Page 123: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEET NORTH AMERICAN PALLADIUM LTD LAC DES ILES MINES LTD.

LOGGED BY: D.Heerema SIGNATURE: PROPERTY: Tyko ZONE: N/A HOLE NO.: TK06-005 Page 3 of 5

METERAGE I I ROCK I Alt'n I Bx Matrix I SAMPLES I ASSAYS

FROM I TO I DESCRIPTION CODE Plag Ipxr I Comp Iprop'nl No. I FROM I TO ILENGTHI %S Icpy:Pol Pd (gIt) I Pt (gft) I Au (gft) I Cu (%) I NI (%) I Co (%)

chalcopyrite at a 3:3:1 ratio respectively.

44.14 56.65 GRANITE

COLOUR: pinkish white

GRAIN SIZE: N/A

PLAG (%): N/A

CPX (%): N/A

OPX (%): N/A

OTHER MIN. (%): N/A

This is a medium to coarse-grained homogeneous and unfoliated granite that is soft pink to off-white in colour. Within this granite is a foliated section of fine-grained amphibolite from 51.67 to 52.70m.

56.65 65.00 AMPHIBOLITE

COLOUR: green

GRAIN SIZE: fine to medium-grained

PLAG (%): N/A

CPX (%): N/A

OPX (%): N/A

OTHER MIN. (%): N/A

Section of strongly foliated amphibolite that coarsens downward and becomes more massive. The strongly foliated material is somewhat mylonitic with banding. Wisps and fine stringers of felsic material cut through the core at roughly 45 degrees to core axis. Local pyrite mineralization. Chalcopyrite found in small intervals of net-textured material up to 15% over 5cm. Pyrite found along with chalocpyrite.

Page 124: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEET NORTH AMERICAN PALLADIUM LTD LAC DES ILES MINES LTD.

LOGGED BY: D.Heerema SIGNATURE: PROPERTY: Tyko ZONE: N/A HOLE NO.: TK06-005 Page 4 of 5

METERAGE I I ROCK I .6Jt'n I Bx Matrix I SAMPLES I ASSAYS

FROM I TO I DESCRIPTION CODE Plag Ipxr I Comp Iprop·nl No. I FROM I TO ILENGTHJ %S ICPy:Pol Pd (gIt)J Pt (gIt) J Au (glt) I Cu (%) I NI (%) I Co (%)

65.00 93.30 HORNBLENDITE

COLOUR: green/grey

GRAIN SIZE: medium-grained

PLAG (%): N/A

CPX (%): N/A

OPX (%): N/A

OTHER MIN. (%): N/A

This unit is a relatively massive and homogeneous unit of hornblende and biotite. This is a medium-grained rock with strong biotite alteration and trace to minor sulphides. Fine blebs of po, cpy and pyat approximately 2:1:1 respectively. Relatively narrow granite dikes cross-cut the unit at various angles to core axis.

93.30 104.30 MINERALIZED HORNBLENDITE min hbl 035 93.30 94.30 1.00 1 1:2 0.036 0.064 0.003 0.166 0.250 0.008

COLOUR: greenlblack min hbl 036 94.30 95.30 1.00 2 1 :2 0.046 0.104 0.003 0.239 0.344 0.010

min hbl 037 95.30 96.30 1.00 5 1 :1 0.113 0.161 0.014 0.648 0.817 0.015 GRAIN SIZE: fine to medium-grained min hbl 038 96.30 97.30 1.00 10 1 :4 0.491 0.438 0.008 0.521 1.753 0.063

PLAG (%): N/A min hbl 039 97.30 98.30 1.00 7 4:1 0.103 0.199 0.023 0.864 0.733 0.012

min hbl 040 98.30 99.30 1.00 2 1 :0 0.085 0.135 0.008 0.467 0.604 0.011 CPX (%): N/A min hbl 041 99.30 100.30 1.00 2 1:0 0.051 0.085 0.007 0.221 0.160 0.004

OPX (%): N/A min hbl 042 100.30 101.30 1.00 1 1:0 0.068 0.111 0.019 0.305 0.197 0.005

min hbl 043 101.30 102.30 1.00 0.25 - 0.067 0.069 0.033 0.257 0.200 0.006 OTHER MIN. (%): N/A min hbl 044 102.30 103.30 1.00 2 1:0 0.087 0.117 0.041 0.432 0.214 0.005

Gradual change from the medium-grained biotite-hornblendite min hbl 045 103.30 104.30 1.00 0.5 1 :0 0.091 0.122 0.046 0.364 0.161 0.004

above to a finer-grained sulphide bearing hornblendite. The rock is green to black as a result of hbl along with alteration minerals such as biotite and amphiboles. Narrow granitic dikes cross-cut the core at various angles to core axis. As the grain size decreases into the unit, the sulphide content appears to increase. The sulphides are mainly fine disseminations with

Page 125: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

DIAMOND DRILL CORE LOGGING SHEET NORTH AMERICAN PALLADIUM LTD LAC DES ILES MINES LTD.

LOGGED BY: D.Heerema SIGNATURE: PROPERTY: Tyko ZONE: N/A HOLE NO.: TK06-005 PageS of S

METERAGE I I ROCK I A1t'n I Bx Matrix I SAMPLES I ASSAYS

FROM I TO 1 DESCRIPTION CODE Plag Ipxr I Comp Iprop'nL No. I FROM I TO ILENGTHI %S ICPv:Pol Pd (gil) I PI (gil) I Au (gil) I Cu (%) I NI (%) I Co (%)

occasional blebs and semi-massive sections. Where the sulphides are coarser to semi-massive. the biotite alteration is minimal. Overall sulphide content of the unit is approximately 3-4% with the strongest mineralization found between 95.5 to 98.4m averaging 5-6%. Chalcopyrite is more abundant throughout than pyrrhotite with exception of one section from 96.7 to 97.15m where coarse po blebs average 15% of the interval. A semi-massive chalcopyrite interval is present from 97.86 to 97.92m.

104.30 110.00 GRANITE BRECCIA

COLOUR: N/A

GRAIN SIZE: N/A

PLAG (%): N/A

CPX (%): N/A

OPX (%): N/A

OTHER MIN. (%): N/A

Unit of pinkish homogenous granite containing unmineralized clasts of hornblendite and strongly altered hornblendite/amphibolite. Contacts are very sharp. Granite is approximately 65% of the unit.

End of Hole.

Printed: November 23, 2006

Page 126: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

Appendix VIII

Page 127: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

Gi) A£'£'ul"assa'Y ~ab()rat()rie~ Mineral Assay Division of Assay Laboratory Services Inc,

\046 GORHAM STREET THUNDER BAY. ONTARIO P7B 5X5 PHONE: (807) 626-\630 FAX: (807) 622-7571 EMAIL: [email protected] WEB: www.accurassay.com

Certificate of Analysis Friday, March 24, 2006

North American Palladium Ltd.2, Metals Exploration Divis Date Received: 20-Mar-06

710 Norah Cr. Date Completed : 23-Mar-06

Thunder Bay, ON, CAN Job # 200640210

P7C4T8 Reference: 1000976:32827:69745

Ph#: (807) 623-8005 Sample#: 25 Core

FaX#: (807) 623-8074

Email • [email protected]

Au Pt Pd Rh Ag Co Cu Fe Ni Pb Zn

Accurassay # Client Id glt glt glt glt % % % % % % ppm

20966 TK-06-00 1-00 1 <0.005 <0.015 <0.010 0.0087 0.0118 0.1025

20967 TK -06-001-002 0.017 0.146 0.154 0.0124 0.1688 0.4625

20968 TK-06-001-003 0.041 0.369 0.399 0.0177 0.6524 1.0812

20969 TK-06-00 1-004 0.028 0.218 0.307 0.0151 0.4101 0.8010

20970 TK -06-001-005 0.022 0.198 0.217 0.0113 0.3679 0.6534

20971 TK-06-00 1-006 0.005 <0.015 <0.010 0.0022 0.0062 0.0075

20972 TK-06-00 1-007 0.006 <0.015 <0.010 0.0067 0.0048 0.0659

20973 TK-06-00 1-008 0.012 0.102 0.095 0.0103 0.1271 0.2910

20974 TK-06-00 1-009 <0.005 0.027 0.012 0.0023 0.0634 0.0283

20975 TK-06-001-0 10 <0.005 0.077 0.023 0.0064 0.0774 0.0994

20976 Check TK -06-001-010 0.006 0.056 0.024 0.0065 0.0756 0.1004

20977 TK-06-001-011 0.089 0.663 0.733 0.0164 1.2441 1.6967

20978 TK-06-00 1-0 12 0.104 0.139 0.110 0.0061 0.7439 0.3886

20979 TK-06-00 1-013 0.195 1.102 0.960 0.0238 1.1266 2.3582

20980 TK-06-00 1-0 14 0.024 0.218 0.218 0.0075 0.4320 0.5558

20981 TK-06-00 1-0 15 0.080 0.609 0.687 0.0153 1.0725 1.7987

20982 TK-06-00 1-0 16 0.035 0.285 0.238 0.0091 0.3307 0.7335

20983 TK-06-00 1-0 17 0.067 0.234 0.159 0.0062 0.3108 0.3201

20984 TK-06-001-018 0.008 0.060 0.014 0.0044 0.0059 0.0075

20985 TK-06-00 1-0 19 <0.005 0.052 0.011 0.0045 0.0057 0.0070

20986 TK-06-00 1-020 <0.005 0.079 <0.010 0.0038 0.0076 0.0072

20987 Check TK-06-00 1-020 <0.005 0.050 0.014 0.0038 0.0078 0.0070

20988 TK-06-00 1-021 <0.005 0.064 0.036 0.0089 0.0120 0.0156

PROCEDURE Page 1 of2

Certified By he results Included on this report relate only to the Items tested

The Certificate of Analysis should not be reproduced except In full, without the written

approval of the laboratory AL91 2-001 4-03/2412006 09:42 AM

Page 128: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

.. Q Accur-a§§a~ TLab()r-at()r-ie§ Mineral Assay Division of Assay Laboratory Services Inc,

1046 GORHAM STREET THUNDER BAY, ONTARIO P7B 5X5 PHONE: (807) 626-1630 FAX: (807) 622-7571 EMAIL: [email protected] WEB: www.accurassay.com

Certificate of Analysis Friday, March 24, 2006

North American Palladium Ltd.2. Metals Exploration Divis 710 Norah Cr. Thunder Bay. ON, CAN P7C4T8 Ph#: (807) 623-8005 FaX#: (807) 623-8074 Email [email protected]

Accurassay # Client Id

20989 TK-06-00 1-022

20990 TK-06-00 1·023

20991 TK-06-001-024

20992 TK·06·00 1-025

Au

glt <0.005

<0.005

<0.005

<0.005

Pt Pd

glt glt 0.060 <0.010

0.118 0.023

0.044 <0.010

<0.015 <0.010

Rh

glt

Date Received: 20.Mar·06 Date Completed: 23-Mar.06

Job # 200640210 Reference: 1000976:32827:69745

Sample #: 25 Core

Ag Co Cu Fe Ni ppm % % % %

0.0052 0.0080 0.0043

0.0028 0.0046 0.0041

0.0048 0.0054 0.0112

0.0079 0.0089 0.0279

Pb Zn

% %

ES: AL4APP, AL4CoMA, AL4CuMA, AL4NIMA Page 2 of2 The results Included on this report relate only to the Items tested

Derek Demlanluk H.Bsc., Laboratory Manager The Certificate of AnalysIs should not be reproduced except In full, wHhout the written approval of the laboratory AL9 1 2-00 14-0312412006 09:42 AM

Page 129: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

Q J\ccura§§a"" 1~ Lab()l'"at()l'"ie§ Mineral Assay Division of Assay Laboratory Services Inc.

1046 GORHAM STREET THUNDER BAY. ONTARIO P7B 5X5 PHONE: (807) 620-1630 FAX: (807) 622-7571 EMAIL: [email protected] WEB: www.accurassay.com

Certificate of Analysis Friday, March 24, 2006

North American Palladium Ltd.2, Metals Exploration Divis Date Received: 20-Mar-06 710 Norah Cr. Date Completed : 23-Mar-06 Thunder Bay, ON, CAN Job # 200640211 P7C4T8 Reference: 1000500:32827:69745 Ph#: (807) 623-8005 Sample#: 16 Core Fax#: (807) 623-8074

Email , [email protected]

Au Pt Pd Rh Ag Co Cu Fe Ni Pb Zn Accurassay # Client Id glt glt glt glt % % % % % % ppm

20993 TK -06-002-001 <0.005 <0.015 0.010 0.0044 0.0107 0.0133

20994 TK -06-002-002 <0.005 0.056 0.058 0.0040 0.0448 0.0493

20995 TK-06-002-003 0.005 0.029 0.032 0.0049 0.0136 0.0316

20996 TK -06-002-004 <0.005 0.088 0.059 0.0051 0.0174 0.0477

20997 TK -06-002-005 <0.005 0.064 0.101 0.0048 0.0331 0.0687

20998 TK -06-002-006 <0.005 0.073 0.093 0.0052 0.0058 0.0566

20999 TK-06-002-007 0.006 0.025 O.oJ5 0.0039 0.0156 0.0489

21000 TK-06-002-008 0.133 0.266 0.334 0.0058 0.4015 0.4274

21001 TK -06-002-009 0.071 0.096 0.153 0.0061 0.1818 0.2617

21002 TK -06-002-010 0.020 0.056 <0.010 0.0207 0.0050 0.0118

21003 Check TK-06-002-0 10 0.029 0.042 0.017 0.0218 0.0046 0.0120

21004 TK-06-002-011 0.025 0.127 0.128 0.0064 0.1465 0.1752

21005 TK -06-002-012 0.100 0.788 1.376 0.0325 0.8618 1.9679

21006 TK-06-002-0 13 0.019 0.056 0.116 0.0022 0.3248 0.1717

21007 TK -06-002-014 0.009 0.050 0.039 0.0055 0.0336 0.0366 21008 TK -06-002-015 0.046 0.220 0.248 0.0091 0.0181 0.0352 21009 TK-06-002-016 0.014 <0.015 0.015 0.0071 0.1795 0.2348

AL91 2-00 14-03124/2006 09:06 AM

Page 130: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

.. Q -A££U.-a§§aY ~ Lab()rat()rie§ Mineral Assay Division of Assay Laboratory Services Inc. btd

'--­",-"-Qo • I-.-~ .M

1046 GORHAM STREET THUNDER BAY, ONTARIO P7B 5X5 PHONE: (807) 626-1630 FAX: (807) 622-7571 EMAIL: [email protected] WEB: www.accurassay.com

Certificate of Analysis Monday. April 03, 2006

North American Palladium Ltd.2, Metals Exploration Divis Date Received : 23-Mar-06 710 Norah Cr. Date Completed: 31-Mar-06 Thunder Bay, ON, CAN Job # 200640249 P7C4T8 Reference: 1000978:32827 Ph#: (807) 623-8005

Sample #: 53 Core FaX#: (807) 623-8074 Email ,[email protected]

Au Pt Pd Rh Ag Co Cu Fe Ni Pb Zn Accurassay # Client Id

glt glt glt glt % % % % % % ppm 25038 TK-06-003-001 <0.005 0.026 <0.010 0.0041 0.0313 0.051 I

25039 TK-06-003-002 <0.005 <0.015 <0.010 0.0076 0.0730 0.1274

25040 TK-06-003-003 <0.005 0.018 0.022 0.0081 0.1053 0.1730

25041 TK -06-003 -004 <0.005 <0.015 0.025 0.0073 0.0842 0.1453

25042 TK -06-003 -005 <0.005 <0.015 0.025 0.0076 0.0828 0.1449

25043 TK -06-003 -006 <0.005 <0.015 0.014 0.0076 0.0878 0.1430

25044 TK-06-003-007 <0.005 <0.015 0.016 0.0075 0.0717 0.1213

25045 TK-06-003-008 <0.005 0.019 0.024 0.0057 0.0418 0.0792

25046 TK -06-003 -009 <0.005 0.027 0.036 0.0068 0.0478 0.0929

25047 TK -06-003 -0 10 <0.005 <0.015 0.023 0.0072 0.0685 0.1048

25048 Check TK-06-003-0 10 <0.005 <0.015 0.014 0.0075 0.0640 0.1089

25049 TK-06-003-011 <0.005 <0.015 0.015 0.0071 0.0355 0.0914

25050 TK-06-003-012 <0.005 <0.015 0.016 0.0065 0.0567 0.0805

25051 TK-06-003-0 13 <0.005 0.018 <0.010 0.0143 0.0090 0.0098

25052 TK -06-003 -0 14 0.008 <0.015 0.013 0.0066 0.0430 0.0861

25053 TK-06-003-015 0.013 0.031 0.023 0.0086 0.2428 0.1794

25054 TK-06-003-016 0.014 0.049 0.016 0.0073 0.1184 0.1621

25055 TK-06-003-017 0.014 0.DI8 0.039 0.0109 0.1480 0.2273

25056 TK -06-003 -0 18 0.017 0.039 0.026 0.0094 0.2135 0.2239

25057 TK -06-003 -0 19 <0.005 <0.015 0.014 0.0072 0.0788 0.1255

25058 TK -06-003 -020 0.008 <0.015 0.013 0.0080 0.0719 0.1305

25059 Check TK -06-003 -020 <0.005 <0.015 <0.010 0.0085 0.0674 0.1396

25060 TK-06-003-021 No Sample

Page 1 of3

Certified results Included on this report relate only to the Items tested

ertlflcate of Analysis should not be reproduced except In full, without the written approval of the laboratory

AL912-0014-04/0J/200609:49 AM

Page 131: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

rQ -Accu("a§§a~ ~Labf)("atv("ie~ Mineral Assay Division of Assay Laboratory Services Inc.

6£j'--'­....... _00

G .-,-~I ..

1046 GORHAM STREET THUNDER BAY, ONTARIO P7B 5X5 PHONE: (807) 626-1630 FAX: (807) 622-7571 EMAIL: [email protected] WEB: www.accurassay.com

Certificate of Analysis Monday, April 03, 2006

North American Palladium Ltd.2, Metals Exploration Divis Date Received: 23-Mar-06 710 Norah Cr. Date Completed: 31-Mar-06 Thunder Bay, ON, CAN Job # 200640249 P7C4T8 Reference: 1000978:32827 Ph#: (807) 623-8005

Sample#: 53 Core FaX#: (807) 623·8074 Email , [email protected]

Au Pt Pd Rh Ag Co Cu Fe Ni Pb Zn Accurassay # Client Id

glt glt glt glt ppm % % % % % % 25061 TK-06-003-022 0.008 <0.015 <0.010 0.0075 0.0333 0.1078

25062 TK-06-003-023 <0.005 <0.015 <0.010 0.0068 0.0492 0.1003

25063 TK -06-003 -024 <0.005 <0.015 0.022 0.0070 0.0260 0.0811

25064 TK-06-003-025 <0.005 <0.015 <0.010 0.0065 0.0399 0.0731

25065 TK-06-003-026 <0.005 <0.015 <0.010 0.0064 0.0356 0.0714

25066 TK -06-003 -027 0.008 0.030 0.010 0.0055 0.0681 0.0638

25067 TK-06-003-028 <0.005 0.032 0.012 0.0078 0.0295 0.0968

25068 TK -06-003 -029 <0.005 <0.015 <0.010 0.0051 0.0345 0.0667

25069 TK-06-003-030 0.008 0.032 0.012 0.0066 0.0365 0.0824

25070 Check TK-06-003-030 0.006 <0.015 <0.010 0.0069 0.0366 0.0846

25071 TK-06-003-031 <0.005 0.023 0.012 0.0069 0.0260 0.0901

25072 TK-06-003-032 <0.005 0.026 <0.010 0.0105 0.0111 0.0083

25073 TK-06-003-033 0.010 0.032 0.023 0.0065 0.0868 0.1369

25074 TK-06-003-034 0.052 0.049 0.038 0.0112 0.2512 0.2726

25075 TK-06-003-035 0.014 0.031 0.036 0.0091 0.1691 0.2188

25076 TK-06-003-036 <0.005 0.037 0.031 0.0064 0.0346 0.0796

25077 TK-06-003-037 <0.005 0.026 <0.010 0.0046 0.0010 0.0286

25078 TK-06-003-038 <0.005 <0.015 <0.010 0.0065 0.0075 0.0370

25079 TK-06-003-039 <0.005 <0.015 <0.010 0.0016 0.0011 0.0076

25080 TK -06-003 -040 <0.005 <0.015 <0.010 0.0027 0.0017 0.0225

25081 Check TK -06-003 -040 <0.005 <0.015 <0.010 0.0024 0.0016 0.0194

25082 TK-06-003-041 <0.005 0.030 <0.010 0.0063 0.0075 0.0343

25083 TK-06-003-042 <0.005 <0.015 0.012 0.0036 0.0054 0.0291

uMA,A Page 2 of3 Included on this report relate only to the Items tested

e Certificate of Analysis should not be reproduced except In full, without the written approval of the laboratory AL9 I 2-00 I 4-04/03/2006 09:49 AM

Page 132: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

-Q1Accul'"a§§a~ ~-Lab()l'"at()l'"ie§ Mineral Assay Division of Assay Laboratory Services Inc,

1046 GORHAM STREET THUNDER BAY, ONTARIO P7B 5X5 PHONE: (807) 626-1630 FAX: (807) 622-7571 EMAIL: [email protected] WEB: www.accurassay.com

Certificate of Analysis Monday, April 03, 2006

North American Palladium Ltd.2, Metals Exploration Divis Date Received : 23-Mar-06 710 Norah Cr. Date Completed: 31-Mar-06 Thunder Bay, ON, CAN Job # 200640249 P7C4T8 Reference: 1000978:32827 Ph#: (807) 623-8005

Sample#: 53 Core FaX#: (807) 623-8074 Email, [email protected]

Au Pt Pd Rh Ag Co Cu Fe Ni Pb Zn Accurassay # Client Id

glt glt glt glt % % % % % % ppm

25084 TK-06-003-043 <0.005 0.048 <0.010 0.0043 0.0114 0.0422

25085 TK -06-003 -044 <0.005 0.025 <0.010 0.0047 0.0134 0.0387

25086 TK-06-003-045 <0.005 0.020 <0.010 0.0050 0.0125 0.0308

25087 TK -06-003 -046 <0.005 0.021 <0.010 0.0052 0.0125 0.0316

25088 TK-06-003-047 <0.005 0.032 0.011 0.0063 0.0117 0.0508

25089 TK-06-003-048 <0.005 0.019 <0.010 0.0115 0.0112 0.0078

25090 TK-06-003-049 <0.005 0.037 0.016 0.0056 0.0079 0.0492

25091 TK-06-003-050 <0.005 0.036 <0.010 0.0069 0.0192 0.0753

25092 Check TK-06-003-050 <0.005 0.024 <0.010 0.0078 0.0211 0.0860

25093 TK-06-003-051 No Sample

25094 TK-06-003-052 <0.005 0.019 <0.010 0.0071 0.0210 0.0734

25095 TK-06-003-053 <0.005 <0.015 <0.010 0.0037 0.0072 0.0202

~'/tK;jIDrewtylA. AL4NiMA Page 3 of3 The results Included on this report relate only to the Items tested

The Certificate of Analysis should not be reproduced except In full. without the written approval of the laboratory

AL9 1 2-00 14-04/03/2006 09:49 AM

Page 133: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

Q ~££ura§§ay ~ Laburaturie§ Mineral Assay Division of Assay Laboratory Services Inc.

1046 GORHAM STREET THUNDER BAY, ONTARIO P7B 5X5 PHONE: (807) 626-1630 FAX: (807) 622-7571 EMAIL: [email protected] WEB: www.accurassay.com

Certificate of Analysis Friday, March 24, 2006

North American Palladium Ltd.2, Metals Exploration Divis Date Received: 22-Mar-06 710 Norah Cr. Date Completed: 23-Mar-06 Thunder Bay, ON, CAN Job # 200640236 P7C4T8 Reference :~ 3~;l~ Ph#: (807) 623-8005

Sample#: 17 Core FaX#: (807) 623-8074 Email ,[email protected]

Au Pt Pd Rh Ag Co Cu Fe Ni Pb Zn Accurassay # Client Id

glt glt glt glt ppm % % % % % % 23785 TK-06-003-054 0.QI5 0.120 0.074 0.0074 0.0507 0.1011

23786 TK-06-003-055 <0.005 0.076 0.031 0.0088 0.0897 0.1491

23787 TK-06-003-056 0.QI5 0.120 0.052 0.0125 0.1172 02482

23788 TK-06-003-057 0.012 0.118 0.023 0.0078 0.0633 0.1294

23789 TK-06-003-058 0.014 0.160 0.077 0.0070 0.0562 0.1001

23790 TK-06-003-059 0.017 0.133 0.048 0.0116 0.1432 0.2983

23791 TK-06-003-060 0.010 0.157 0.027 0.0095 0.1154 0.2394

23792 Check TK-06-003-060 <0.005 0.142 0.020 0.0090 0.1172 0.2334

23793 TK-06-003-061 0.017 0.037 <0.010 0.0070 0.0391 0.0865

23794 TK-06-003-062 <0.005 0.076 0.018 0.0080 0.0851 0.1650

23795 TK-06-003-063 <0.005 0.250 0.101 0.0237 0.5164 1.2740

23796 TK-06-003-064 <0.005 0.272 0.162 0.0292 0.6666 1.4253

23797 TK-06-003-065 <0.005 0.252 0.142 0.0276 0.6122 0.8861

23798 TK -06-003 -066 0.006 0.198 0.087 0.0175 0.2503 0.6560

23799 TK-06-003-067 0.014 0.123 0.010 0.0132 0.0192 0.0168

23800 TK-06-003-068 0.QI5 0.104 0.038 0.0078 0.1026 0.1943

23801 TK-06-003-069 <0.005 <0.015 0.Q38 0.0114 0.2455 0.3392

23802 TK-06-003-070 <0.005 <0.015 0.010 0.0084 0.0923 0.1502

23803 Check TK-06-003-070 <0.005 0.081 0.012 0.0072 0.0866 0.1444

PROC Page 1 ofl The res Included on this report relate only to the Items tested

The Ce ate of Analysis should not be reproduced except In full. without the written c:;-t:1lbt .... iN¥'MetoItlat_-1IJlrpP'6vv.al of the laboratory

AL9 1 2-00 14-0312412006 01 : 17 PM

Page 134: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

-Q -A££ura§§a~ ,..LJ'"-Lab()rat()rie§ Mineral Assay Division of Assay Laboratory Services Inc, 1046 GORHAM STREET THUNDER BAY, ONTARIO P7B 5X5 PHONE: (807) 626-1630 FAX: (807) 622-7571 EMAIL: assay@accurassay,com WEB: www.accurassay.com

Certificate of Analysis Wednesday, April OS, 2006

North American Palladium Ltd.2, Metals Exploration Divis Date Received: 28-Mar-06 710 Norah Cr. Date Completed: 05-Apr-06 Thunder Bay, ON, CAN Job # 200640255 P7C4T8 Reference: 1000902:32827 Ph#: (807) 623-8005

Sample#: 73 Core FaX#: (807) 623-8074 Email ,[email protected]

Au Pt Pd Rh Ag Co Cu Fe Ni Pb Zn Accurassay # Client Id

glt glt glt glt % % % % % % ppm 25660 TK-003-071 <0.005 0.034 0.015 0.0054 0.0457 0.0796

25661 TK-003-0n <0.005 0.017 0.015 0.0069 0.0943 0.1223

25662 TK-003-073 <0.005 0.042 0.031 0.0030 0.0562 0.0715

25663 TK-003-074 <0.005 <0.015 <0.010 0.0004 0.0101 0.0049

25664 TK-003-075 0.453 0.307 3.008 0.0049 0.1523 0.1186

25665 TK-003-076 <0.005 0.083 0.039 0.0042 0.1642 0.1449

25666 TK-003-077 0.010 0.121 0.017 0.0002 0.0071 0.0033

25667 TK-003-078 0.008 0.075 0.015 0.0015 0.0157 0.0260

25668 TK-003-079 0.006 0.095 0.017 0.0007 0.0112 0.0048

25669 TK-003-080 <0.005 0.113 0.017 0.0007 0.0014 0.0042

25670 Check TK-003-080 0.005 0.098 0.014 0.0006 0.0012 0.0040

25671 TK-003-081 0.007 0.078 0.033 0.0031 0.0278 0.0411

25672 TK-003-082 <0.005 0.052 0.027 0.0050 0.0631 0.0817

25673 TK-003-083 <0.005 0.041 0.035 0.0047 0.0743 0.0815

25674 TK-003-084 <0.005 0.050 0.026 0.0067 0.1240 0.1437

25675 TK-003-085 <0.005 0.021 0.026 0.0056 0.0775 0.0979

25676 TK-003-086 0.014 0.173 0.046 0.0063 0.1008 0.1283

25677 TK-003-087 0.012 0.076 0.051 0.0084 0.1419 0.2062

25678 TK-003-088 0.014 0.191 0.044 0.0043 0.1003 0.1022

25679 TK-003-089 0.009 0.157 0.048 0.0019 0.0317 0.0537

25680 TK-003-090 0.020 0.100 0.058 0.0101 0.0098 0.0094

25681 Check TK-003-090 0.006 0.109 0.033 0.0107 0.0102 0.0096

25682 TK-003-09\ <0.005 0.052 0.041 0.0066 0.0914 0.1525

Page 1 of 4 e results Included on this report relate only to the Items tested

oratory Manager The Certificate of AnalysIs should not be reproduced except In full. without the written approval of the laboratory AL912-0014-0410512006 05:08 PM

Page 135: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

-Q ~ Ac:::c:::ur-a§§a~

,~'Labf)r-atf)r-ie§ Mineral Assay Division of Assay Laboratory Services Inc. 6id.-,~

I c.-__ ... _

1-._ .. ,.

1046 GORHAM STREET THUNDER BAY, ONTARIO P7B 5X5 PHONE: (807) 626-1630 FAX: (807) 622-7571 EMAIL: assay@accurassay,com WEB: www,accurassay.com

Certificate of Analysis Wednesday, April OS, 2006

North American Palladium Ltd.2, Metals Exploration Divis Date Received: 28-Mar-06 710 Norah Cr. Date Completed : 05-Apr-06 Thunder Bay, ON, CAN Job # 200640255 P7C4T8 Reference: 1000902:32827 Ph#: (807) 623-8005 Sample#: 73 Core FaX#: (807) 623-8074 Email ,[email protected]

Au Pt Pd Rh Ag Co Cu Fe Ni Pb Zn Accurassay # Client Id

glt glt glt glt ppm % % % % % % 25683 TK-003-092 <0.005 0.016 0.020 0.0007 0.0046 0.0052

25684 TK-003-093 <0.005 <0.015 <0.010 0.0042 0.0150 0.0346

25685 TK-003-094 <0.005 0.022 0.018 0.0042 0.0178 0.0392

25686 TK-003-095 0.009 0.065 0.016 0.0034 0.0167 0.0347

25687 TK-003-096 0.010 0.124 0.032 0.0049 0.0391 0.0645

25688 TK-003-097 0.014 0.113 0.049 0.0037 0.0239 0.0554

25689 TK-003-098 0.020 0.204 0.042 0.0028 0.0018 0.0325

25690 TK-003-099 0.010 0.112 0.045 0.0019 0.0085 0.0386

25691 TK-003-100 0.008 0.071 0.034 0.0108 0.2571 0.3297

25692 Check TK-003-100 0.006 0.048 0.033 0.0104 0.2407 0.3049

25693 TK-003-101 <0.005 <0.015 <0.0\0 0.0009 0.0091 0.0122

25694 TK-003-102 <0.005 0.039 <0.010 0.0052 0.0341 0.0776

25695 TK-003-103 <0.005 0.031 0.014 0.0027 0.0148 0.0433

25696 TK-003-104 0.012 0.130 0.013 0.0029 0.0308 0.0465

25697 TK-003-105 0.011 0.134 0.019 0.0057 0.0898 0.1321

25698 TK-003-106 0.014 0.156 0.023 0.0091 0.1700 0.2491

25699 TK-003-107 0.012 0.160 0.031 0.0093 0.1972 0.2698

25700 TK-003-108 0.008 0.\01 <0.010 0.0006 0.0223 0.0134

25701 TK-003-109 <0.005 0.033 <0.010 0.0047 0.0314 0.0684

25702 TK-003-110 <0.005 <0.015 <0.0\0 0.0049 0.0598 0.0932

25703 Check TK-003-110 <0.005 0.031 <0.0\0 0.0051 0.0603 0.0916

25704 TK-003-111 <0.005 0.053 <0.010 0.0072 0.1355 0.1847

25705 TK-003-112 <0.005 0.027 0.013 0.0076 0.1638 0.1887

. AL4APP, AL4CoMA, AL4CuMA, AL4NiMA Page 2 of 4

Certified By' The results Included on this report relate only to the Items tested

Th Certlflcate of Analysis should not be reproduced except In full, without the written Derek Demlanluk H.Bsc., La proval of the laboratory

AL912·0014-04/0512006 05:08 PM

Page 136: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

- Q A(:(:u ... a§§a~ ~'Lab() ... at() ... ie§ Mineral Assay Division of Assay Laboratory Services Inc. bid

--~

G 1-,-.,., ..

1046 GORHAM STREET THUNDER BAY, ONTARIO P7B 5X5 PHONE: (807) 626-1630 FAX: (807) 622-7571 EMAIL: [email protected] WEB: www.accurassay.com

Certificate of Analysis Wednesday, April 05, 2006

North American Palladium Ltd.2, Metals Exploration Divis Date Received : 28-Mar-06 710 Norah Cr. Date Completed: 05-Apr-06 Thunder Bay, ON, CAN Job # 200640255 P7C4T8 Reference: 1000902:32827 Ph#: (807) 623-8005 Sample #: 73 Core FaX#: (807) 623-8074 Email ,[email protected]

Au Pt Pd Rh Ag Co Cu Fe Ni Pb Zn Accurassay # Client Id

glt glt glt glt ppm % % % % % % 25706 TK-003-113 0.015 0.162 0.025 0.0084 0.1758 0.2327

25707 TK-003-114 0.014 0.148 0.D21 0.0082 0.1710 0.2047

25708 TK-003-115 0.015 0.067 0.029 0.0095 0.2152 0.3470

25709 TK-003-116 0.011 0.098 0.014 0.0099 0.1833 0.2953

25710 TK-003-117 0.017 0.042 0.015 0.0119 0.2294 0.2900

25711 TK-003-118 <0.005 0.019 <0.010 0.0095 0.0075 0.0041

25712 TK-003-119 0.006 0.036 0.011 0.0057 0.0768 0.0995

25713 TK-003-120 0.007 0.038 <0.010 0.0092 0.1797 0.2301

25714 Check TK-003-120 0.012 0.061 0.015 0.0088 0.1782 0.2311

25715 TK-003-121 0.007 0.D28 0.017 0.0103 0.1745 0.2876

25716 TK-003-122 0.130 0.130 0.765 0.0042 0.0487 0.0449

25717 TK-003-123 0.009 0.023 0.012 0.0117 0.2738 0.3269

25718 TK-003-124 0.015 0.060 0.028 0.0075 0.0897 0.1750

25719 TK-003-125 0.012 0.045 0.015 0.0025 0.0235 0.0439

25720 TK-003-126 0.007 <0.015 0.015 0.0081 0.1334 0.1993

25721 TK-003-127 0.017 0.029 0.014 0.0092 0.1502 0.2101

25722 TK-003-128 0.012 0.085 0.030 0.0064 0.0741 0.1138

25723 TK-003-129 <0.005 0.D25 <0.010 0.0036 0.0376 0.0522

25724 TK-003-130 <0.005 <0.015 <0.010 0.0004 0.0041 0.0018

25725 Check TK-003-130 0.006 <0.015 <0.010 0.0003 0.0036 0.0016

25726 TK-003-131 No Sample

25727 TK-003-132 <0.005 0.019 0.012 0.0030 0.0113 0.0054

25728 TK-003-133 0.005 0.028 0.021 0.0014 0.0104 0.0070

PROCED Page 3 of4 The results Included on this report relate only to the Items tested

The Certificate of Analysis should not be reproduced except In full, without the written approval of the laboratory

AL912-00 14-04/05/2006 05 :08 PM

Page 137: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

- 'Q 4.ccur-a§§aY ~'Lab()r-at()r-ie§ Mineral Assay Division of Assay Laboratory Services Inc.

1046 GORHAM STREET THUNDER BAY, ONTARIO P7B 5X5 PHONE: (807) 626-1630 FAX: (807) 622-7571 EMAIL: [email protected] WEB: www.accurassay.com

Certificate of Analysis Wednesday, April OS, 2006

North American Palladium Ltd.2, Metals Exploration Divis Date Received: 28-Mar-06 710 Norah Cr. Date Completed: 05-Apr-06 Thunder Bay, ON, CAN Job # 200640255 P7C4T8 Reference: 1000902:32827 Ph#: (807) 623-8005 Sample#: 73 Core FaX#: (807) 623-8074 Email ,[email protected]

Au Pt Pd Rh Ag Co Cu Fe Ni Pb Zn Accurassay # Client Id

glt glt glt glt ppm % % % % % %

25729 TK-003-134 <0.005 0.027 0.015 0.0012 0.0045 0.0040

25730 TK-003-135 <0.005 0.026 0.019 0.0007 0.0023 0.0032

25731 TK-003-136 <0.005 0.041 0.014 0.0010 0.0016 0.0041

25732 TK-003-137 0.010 0.075 0.039 0.0020 0.0009 0.0085

25733 TK-003-138 <0.005 0.077 0.017 0.0012 <0.0001 0.0043

25734 TK-003-139 <0.005 0.073 0.016 0.0015 <0.0001 0.0072

25735 TK-003-140 <0.005 0.022 <0.010 0.0015 <0.0001 0.0059

25736 Check TK-003-140 <0.005 0.024 <0.010 0.0015 <0.0001 0.0059

25737 TK-003-141 0.373 0.311 2.993 0.0055 0.1661 0.1190

25738 TK-003-142 0.005 0.077 0.013 0.0030 0.0007 0.0118

25739 TK-003-143 <0.005 0.042 <0.010 0.0045 0.0086 0.0085

Page 4 of4

-::l:LC:=::;;:2:==;;~=-':;The results Included on this report relate only to the Items tested Certified By The Certificate of Analysis shoUld not be reproduced except In full, without the written approval of the laboratory

AL9 1 2-00 14-04105/2006 05:08 PM

Page 138: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

.. Q 4.CCUl'"a§§a~ ~ Lab()l'"at()l'"ie§ Mineral Assay Division of Assay Laboratory Services Inc.

1046 GORHAM STREET THUNDER BAY, ONTARIO P7B 5X5 PHONE: (807) 626-1630 FAX: (807) 622-7571 EMAIL: [email protected] WEB: www.accurassay.com

Certificate of Analysis Tuesday, April 1 I, 2006

North American Palladium Ltd.l, Metals Exploration Divis Date Received: 3l-Mar-06 710 Norah Cr. Date Completed: 10-Apr-06 Thunder Bay, ON, CAN Job # 200640285 P7C4T8 Reference: 1000980:32827 Ph#: (807) 623-8005

Sample#: 99 Core FaX#: (807) 623-8074 Email ,[email protected]

Au Pt Pd Rh Ag Co Cu Fe Ni Pb Zn Accurassay # Client Id

glt glt glt glt ppm % % % % % % 28719 TK -06-004-00 I <0.005 <0.015 <0.010 0.0011 0.0088 0.0130

28720 TK-06-004-002 <0.005 0.072 <0.010 0.0039 0.0115 0.0314

28721 TK -06-004-003 <0.005 <0.015 <0.010 0.0036 0.0103 0.0334

28722 TK -06-004-004 0.010 <0.015 <0.010 0.0007 0.0077 0.0028

28723 TK -06-004-005 <0.005 0.021 <0.010 0.0109 0.4015 0.3471

28724 TK-06-004-006 <0.005 0.025 <0.010 0.0048 0.0674 0.0523

28725 TK-06-004-007 <0.005 0.065 0.018 0.0085 0.1918 0.2528

28726 TK-06-004-008 <0.005 0.068 0.024 0.0105 0.2086 0.3275

28727 TK-06-004-009 0.005 0.104 0.022 0.0083 0.1949 0.2600

28728 TK-06-004-0 10 0.008 0.059 0.020 0.0121 0.4120 0.2855

28729 Check TK-06-004-0 10 <0.005 0.041 <0.010 0.0118 0.4336 0.2735

28730 TK-06-004-011 <0.005 <0.015 0.010 0.0072 0.1452 0.1891

28731 TK -06-004-012 0.005 0.067 0.032 0.0083 0.1533 0.2677

28732 TK -06-004-013 <0.005 0.017 <0.010 0.0007 0.0137 0.0118

28733 TK-06-004-0 14 <0.005 0.100 0.045 0.0118 0.2787 0.3769

28734 TK -06-004-015 <0.005 0.081 0.041 0.0097 0.1905 0.2935

28735 TK -06-004-016 <0.005 0.029 0.015 0.0076 0.1399 0.2024

28736 TK-06-004-017 <0.005 <0.015 <0.010 0.0046 0.0302 0.0366

28737 TK -06-004-018 <0.005 <0.015 <0.010 0.0049 0.0456 0.0588

28738 TK -06-004-019 <0.005 0.036 <0.010 0.0053 0.0559 0.0837

28739 TK-06-004-020 <0.005 0.027 0.014 0.0062 0.0478 0.1026

28740 Check TK-06-004-020 <0.005 0.041 <0.010 0.0066 0.0435 0.0976

28741 TK -06-004-021 0.119 0.378 4.490 0.0067 0.0529 0.0532

Page 1 of5 he results Included on this report relate only to the Items tested

The Certificate of Analysis should not be reproduced except In full, without the written approval of the laboratory

AL912-OO13-04/11/2006 10:06 AM

Page 139: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

_Q Accura§§aY ~ Labf)ratf)rie§ Mineral Assay Division of Assay Laboratory Services Inc.

[lj'-_ .. _.,.

o ---­l_~_~ 1 ..

1046 GORHAM STREET THUNDER BAY, ONTARIO P7B 5X5 PHONE: (807) 626-1630 FAX: (807) 622-7571 EMAIL: [email protected] WEB: www.accurassay.com

Certificate of Analysis Tuesday, April II, 2006

North American Palladium Ltd. I , Metals Exploration Divis 710 Norah Cr. Thunder Bay, ON, CAN P7C4T8 Ph#: (807) 623-8005 FaX#: (807) 623-8074 Email [email protected]

Accurassay #

28742

28743

28744

28745

28746

28747

28748

28749

28750

Au Pt Pd Rh Client Id

glt glt glt glt TK-06-004-022 <0.005 0.024 <0.010

TK-06-004-023 0.006 0.073 0.044

TK-06-004-024 <0.005 0,028 <0.010

TK-06-004-025 <0.005 0.024 0.012

TK-06-004-026 <0.005 <0.015 <0.010

TK-06-004-027 <0.005 0.015 0.020

TK-06-004-028 <0.005 0.028 0.019

TK-06-004-029 <0.005 0.023 0.025

TK-06-004-030 <0.005 0.026 0.021

28751 Check TK-06-004-030 <0.005 0.028 0.016

28752

28753

28754

28755

28756

28757

28758

28759

28760

28761

TK-06-004-031 0.006 0.045 0.034

TK-06-004-032 0.017 0.065 0.041

TK-06-004-033 0.010 0.045 0.027

TK-06-004-034 <0.005 0.055 0.030

TK-06-004-035 0.022 0.072 0.055

TK-06-004-036 0.016 0.080 0.048

TK-06-004-037 0.006 0.051 0.031

TK-06-004-038 <0.005 0.048 0.025

TK-06-004-039 <0.005 0.049 0.017

TK-06-004-040 0.005 0.032 0.013

28762 Check TK-06-004-040 <0.005 0.027 <0.010

28763

28764

TK-06-004-041 <0.005 0.022 <0.010

TK-06-004-042 0.005 0.030 0.011

Date Received: 31-Mar-06 Date Completed : 10-Apr-06

Job # 200640285 Reference: 1000980:32827

Sample #: 99 Core

Ag

ppm

Co Cu % %

0.0044 0.0312

0.0067 0.1233

0.0109 0.0089

0.0053 0.1151

0.0082 0.1533

0.0082 0.1621

0.0107 0.2066

0.0109 0.1371

0.0009 0.0161

0.0008 0.0161

0.0114 0.2610

0.0089 0.3014

0.0082 0.2113

0.0158 0.3045

0.0157 0.4404

0.0150 0.4488

0.0069 0.2184

0.0069 0.1116

0.0095 0.1908

0.0094 0.1981

0.0097 0.1994

0.0050 0.0655

0.0097 0.2021

Fe %

Ni %

0.0433

0.2059

0.0059

0.1587

0.2136

0.2462

0.3609

0.2932

0.0146

0.0140

0.3694

0.2455

0.2309

0.4799

0.4775

0.5291

0.2014

0.1587

0.2735

0.2537

0.2579

0.0245

0.2684

Pb

%

Zn %

PROCEOURE~bI ••• ~ Page 2 015 Certified B· The suits Included on this report relate only to the Items tested

e Certificate of Analysis should not be reproduced except In full, without the written Dere emlanluk H.Bsc., Laboratory Manager approval of the laboratory AL9 1 2-00 1 3-0411 112006 10:06 AM

Page 140: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

_Q ·.L\ccura§§aY 1J'"-Laburaturie§ Mineral Assay Division of Assay Laboratory Services Inc. 1046 GORHAM STREET THUNDER BAY, ONTARIO P7B 5X5 PHONE: (807) 626·1630 FAX: (807) 622·7571 EMAIL: [email protected] WEB: www.accurassay.com

Certificate of Analysis Tuesday, April 11,2006

North American Palladium Ltd. I , Metals Exploration Divis Date Received: 31-Mar-06 710 Norah Cr. Date Completed: 10-Apr-06 Thunder Bay, ON, CAN Job # 200640285 P7C4T8 Reference: 1000980:32827 Ph#: (807) 623·8005 Sample#: 99 Core FaX#: (807) 623·8074 ~mail ,[email protected]

Au Pt Pd Rh Ag Co Cu Fe Ni Pb Zn Accurassay # Client Id

gft gft 9ft 9ft ppm % % % % % % 28765 TK -06-004-043 <0.005 0.025 0.011 0.0114 0.2803 0.3541

28766 TK -06-004-044 0.008 0.016 <0.010 0.0095 0.0138 0.0065

28767 TK-06-004-045 <0.005 <0.015 <0.010 0.0013 0.0390 0.0324

28768 TK -06-004-046 0.Q25 0.038 0.023 0.0086 0.1338 0.2401

28769 TK-06-004-047 0.006 0.038 <0.010 0.0003 0.0059 0.0061

28770 TK-06-004-048 0.005 0.019 <0.010 <0.0001 0.0020 0.0003

28771 TK -06-004-049 0.006 0.016 <0.010 0.0002 0.0107 0.0062

28772 TK-06-004-050 0.021 0.052 0.015 0.0110 0.2768 0.3529

28773 Check TK-06-004-050 0.023 0.064 0.029 0.0112 0.2910 0.3738

28774 TK-06-004-051 0.092 0.115 0.823 0.0039 0.0464 0.0475

28775 TK-06-004-052 0.031 0.044 0.037 0.0125 0.3477 0.3867

28776 TK-06-004-053 0.032 0.062 0.019 0.0116 0.4548 0.3806

28777 TK -06-004-054 0.019 0.055 0.025 0.0097 0.2199 0.2775

28778 TK-06-004-055 0.012 0.040 <0.010 0.0061 0.1045 0.1250

28779 TK-06-004-056 0.011 0.036 0.014 0.0075 0.1356 0.1837

28780 TK-06-004-057 0.011 0.031 <0.010 0.0061 0.0853 0.1476

28781 TK-06-004-058 0.009 0.036 0.013 0.0064 0.0933 0.1232

28782 TK-06-004-059 0.012 0.070 0.031 0.0056 0.1103 0.1762

28783 TK -06-004-060 0.011 0.058 0.036 0.0072 0.1644 0.2805

28784 Check TK-06-004-060 0.011 0.080 0.030 0.0073 0.1533 0.2855

28785 TK -06-004-061 0.005 0.022 <0.010 0.0070 0.0066 0.0046

28786 TK-06-004-062 0.009 0.050 0.025 0.0044 0.0623 0.0886

28787 TK -06-004-063 0.010 0.072 0.037 0.0055 0.1294 0.1436

PROCEDURE COD Page 3 of5

Certified By: e results Included on thIs report relate only to the Items tested

e Certificate of AnalysIs should not be reproduced except In full. wIthout the written approval of the laboratory

AL912·00IJ·04/I1I2006 10:06 AM

Page 141: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

_ Q .. ACCU.-a§§aY ~ Lab().-at().-ie§ Mineral Assay Division of Assay Laboratory Services Inc.

1046 GORHAM STREET THUNDER BAY, ONTARIO P7B 5X5 PHONE: (807) 626·1630 FAX: (807) 622·7571 EMAIL: [email protected] WEB: www.accurassay.com

Certificate of Analysis Tuesday, April 11,2006

North American Palladium Ltd. 1 , Metals Exploration Divis Date Received : 31-Mar-06 710 Norah Cr. Date Completed : 10-Apr-06 Thunder Bay, ON, CAN Job # 200640285 P7C4T8 Reference: 1000980:32827 Ph#: (807) 623-8005

Sample #: 99 Core FaX#: (807) 623-8074 Email, [email protected]

Au Pt Pd Rh Ag Co Cu Fe Ni Pb Zn Accurassay # Client Id

glt glt glt glt ppm % % % % % % 28788 TK -06-004-064 0.030 0.174 0.239 0.0285 0.3967 0.9033

28789 TK-06-004-065 0.009 0.029 <0.010 0.0004 0.0118 0.0045

28790 TK -06-004-066 0.009 0.D25 <0.010 0.0011 0.0209 0.0846

28791

28792 TK -06-004-068 0.007 0.088 0.051 0.0075 0.1756 0.3310

28793 TK -06-004-069 0.010 0.054 0.095 0.0163 0.4740 0.9753

28794 TK -06-004-070 0.006 0.203 0.161 0.0306 0.5383 1.4150

28795 Check TK -06-004-070 0.005 0.180 0.117 0.0316 0.5863 1.2612

28796 TK-06-004-071 <0.005 0.066 0.024 0.0054 0.1584 0.2851

28797 TK -06-004-072 <0.005 0.075 0.043 0.0063 0.1988 0.2878

28798 TK-06-004-073 <0.005 0.056 0.033 0.0090 0.1914 0.5122

28799 TK -06-004-07 4 <0.005 <0.015 <0.010 0.0074 0.0149 0.0044

28800 TK-06-004-075 <0.005 0.087 0.061 0.0092 0.2186 0.4661

28801 TK-06-004-076 <0.005 0.104 0.033 0.0044 0.1848 0.1565

28802 TK-06-004-077 <0.005 0.053 0.037 0.0031 0.2034 0.1274

28803 TK-06-004-078 <0.005 0.109 0.056 0.0045 0.2504 0.2284

28804 TK-06-004-079 <0.005 0.D28 0.017 0.0023 0.0839 0.0563

28805 TK -06-004-080 <0.005 0.031 <0.010 0.0027 0.0838 0.0533

28806 Check TK -06-004-080 <0.005 0.036 <0.010 0.0028 0.0805 0.0516

28807 TK -06-004-081 0.676 0.398 3.385 0.0053 0.1699 0.1336

28808 TK-06-004-082 <0.005 0.020 <0.010 0.0030 0.0061 0.0288

28809 TK-06-004-083 <0.005 0.017 <0.010 0.0027 0.0144 0.0361

28810 TK -06-004-084 <0.005 <0.015 <0.010 0.0021 0.0106 0.0181

PROCEDURE CODES: AL4APP, AL4Co, AL4Cu, AL4NI Page 4 of 5

C Ifl BG Th,~""'~I"""'oo"' __ ooWto"."'m ....... ert ed y >":;;:: :: 9:'1he Certificate of Analysis should not be reproduced except In full, without the written

Derek D M.Sac., ry h8 pproval of the laboratory Al912.00Il.04/III2006 10:06 AM

Page 142: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

_ Q .. ACCUr-a§§a'Y ~ La b()r-at()r-ie§ Mineral Assay Division of Assay Laboratory Services Inc.

1046 GORHAM STREET THUNDER BAY, ONTARIO P7B 5X5 PHONE: (807) 626-1630 FAX: (807) 622-7571 EMAIL: [email protected] WEB: www.accurassay.com

Certificate of Analysis Tuesday, April II, 2006

North American Palladium Ltd. I , Metals Exploration Divis Date Received: 31-Mar-06 710 Norah Cr. Date Completed: 10-Apr-06 Thunder Bay, ON, CAN Job # 200640285 P7C4T8 Reference: 1000980:32827 Phi: (807) 623-8005 Sample #: 99 Core FaX#: (807) 623-8074 Email ,[email protected]

Au Pt Pd Rh Ag Co Cu Fe Ni Pb Zn Accurassay # Client Id

g1t gft 9ft 9ft ppm % % % % % % 28811 TK-06-004-085 <0.005 0.026 <0.010 0.0033 0.0079 0.0215

28812 TK -06-004-086 <0.005 <0.015 <0.010 0.0041 0.0755 0.0205

28813 TK -06-004-087 <0.005 0.021 <0.010 0.0023 0.0052 0.0155

28814 trK -06-004-088 <0.005 <0.015 <0.010 0.0073 0.0230 0.0048,

28815 TK -06-004-089 <0.005 <0.015 <0.010 0.0029 0.0044 0.0127

28816 TK -06-004-090 <0.005 0.036 0.034 0.0022 0.0161 0.0338

28817 Check TK -06-004-090 <0.005 0.038 0.024 0.0021 0.0151 0.0305

28818 TK -06-004-091 <0.005 0.071 0.048 0.0027 0.0902 0.0763

28819 TK -06-004-092 0.011 0.023 0.014 0.0016 0.0263 0.0128

28820 TK -06-004-093 <0.005 <0.015 0.017 0.0018 0.0318 0.0136

28821 TK -06-004-094 0.009 0.047 0.025 0.0043 0.0575 0.0507

28822 TK -06-004-095 0.009 0.070 0.037 0.0064 0.0593 0.1007

28823 TK -06-004-096 0.008 0.020 0.031 0.0027 0.0580 0.0527

28824 TK-06-004-097 0.014 0.179 0.152 0.0087 0.1995 0.5652

28825 TK -06-004-098 0.014 0.087 0.054 0.0050 0.1682 0.2722

28826 TK -06-004-099 0.021 0.154 0.111 0.0052 0.3044 0.2111

31176 TK -06-004-067 0.009 0.036 0.025 0.0054 0.0530 0.0903

PROCEDURFA'::O[~: AL4APP, AL4Co, AL4Cu, AL4NI Page 5 0(5 The results Included on this report relate only to the Items tested

The Certificate of Analysis should not be reproduced except In full, without the written approval of the laboratory

AL912-OOIJ-04/I1I2006 10:06 AM

Page 143: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

Q A(:(:u..-assa.", ~ Lab()rat()rie§ Mineral Assay Division of Assay Laboratory Services Inc.

1046 GORHAM STREET THUNDER BAY. ONTARIO P7B 5X5 PHONE: (807) 626-1630 FAX: (807) 622-7571 EMAIL: [email protected] WEB: www.accurassay.com

Certificate of Analysis Friday, April 21, 2006

North American Palladium Ltd. 1 , Metals Exploration Divis 710 Norah Cr. Thunder Bay, ON, CAN P7C4T8 Ph#: (807) 623-8005 FaX#: (807) 623-8074 Email [email protected]

Accurassay #

36775

Client Id

TK-06-004-067

36776 Check TK-06-004-067

Au Pt

glt glt <0.005 0.037

<0.005 0.029

Pd Rh

glt glt 0.016

0.020

Date Received : 18-Apr-06 Date Completed: 21-Apr-06

Job # 200640420 Reference: 1000980:32827

Sample #: 1 Crusher Fines

Ag Co Cu Fe Ni Pb

ppm % % % % % 0.0042 0.0719 0.0576

0.0044 0.0755 0.0593

Zn

%

PROCEDURE~O~!kJ~' Page 1 of1 results Included on this report relate only to the Items tested

The ertlflcate of Analysis should not be reproduced except In full, without the written ~""IQASIIL __ Pllroval of the laboratory

AL912.oo 13-0412112006 04:46 PM

Page 144: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

Q A(:(:u ... a§§a~ ...LJ:"-- Labf).-atf).-ies Mineral Assay Division of Assay Laboratory Services Inc. 1046 GORHAM STREET THUNDER BAY, ONTARIO P7B 5X5 PHONE: (807) 626-1630 FAX: (807) 622-7571 EMAIL: [email protected] WEB: www.accurassay.com

Certificate of Analysis Thursday, April 06, 2006

North American Palladium Ltd. I, Metals Exploration Divis Date Received: 31-Mar-06 710 Norah Cr. Date Completed : 05-Apr-06 Thunder Bay, ON, CAN Job # 200640286 P7C4T8 Reference: 1000981 :32827 PhI: (807) 623-8005

Sample#: 18 Core FaX#: (807) 623-8074 Email ,[email protected]

Au Pt Pd Rh Ag Co Cu Fe Ni Pb Zn Accurassay # Client Id

glt glt glt glt % % % % % % ppm 28827 TK-06-005-001 <0.005 0.024 0.012 0.0014 0.0270 0.0678

28828 TK -06-005-002 <0.005 0.033 <0.010 0.0005 0.0294 0.0149

28829 TK-06-005-003 <0.005 0.027 0.011 0.0039 0.0674 0.1305

28830 TK-06-005-004 <0.005 <0.015 <0.010 0.0002 0.0147 0.0008

28831 TK-06-005-005 0.007 0.049 0.025 0.0056 0.1765 0.2303

28832 TK-06-005-006 0.008 0.071 0.053 0.0101 0.3845 0.5438

28833 TK-06-005-007 <0.005 0.068 0.054 0.0221 0.3817 1.3888

28834 TK-06-005-008 <0.005 0.036 0.038 0.0088 0.2868 0.2356

28835 TK-06-005-009 0.010 0.101 0.101 0.0093 0.4073 0.3766

28836 TK-06-005-010 <0.005 0.058 0.028 0.0046 0.1810 0.2357

28837 Check TK-06-005-010 0.006 0.045 0.022

28838 TK-06-005-011 0.045 0.146 0.108 0.0185 0.3885 1.0398

28839 TK-06-005-012 0.011 0.235 0.154 0.0247 0.5991 1.6395

28840 TK-06-005-013 0.017 0.068 0.025 0.0091 0.0121 0.0087

28841 TK-06-005-014 0.019 0.156 0.116 0.0150 0.9459 1.0549

28842 TK-06-005-0 15 0.014 0.171 0.099 0.0165 0.3749 0.7889

28843 TK-06-005-016 0.007 0.226 0.121 0.0114 0.2057 0.5664

28844 TK -06-005 -0 17 0.014 0.096 0.086 0.0062 0.2140 0.3354

28845 TK -06-005-018 0.015 0.615 0.230 0.0666 0.5133 2.8174

4Ni Page 1 of 1

CertIfied suIts Included on this report relate only to the Items tested

~~~~~~:tii5;;;;;;;~;":...-'::';:~ ficate of Analysis should not be reproduced except In full, without the written .. I ofthe laboratory AL91 2-001 3·0410612006 03:3 rPM

Page 145: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

Q A(:(:Ur-a§§a"Y ~ Lab()rat()rie§ Mineral Assay Division of Assay Laboratory Services Inc.

1046 GORHAM STREET THUNDER BAY, ONTARIO P7B 5X5 PHONE: (807) 626-1630 FAX: (807) 622-7571 EMAIL: [email protected] WEB: www.accurassay.com

Certificate of Analysis Thursday, April 06, 2006

North American Palladium Ltd. 1 , Metals Exploration Divis Date Received: 3 I-Mar-06 710 Norah Cr. Date Completed: 06-Apr-06 Thunder Bay, ON, CAN Job # 200640284 P7C4T8 Reference: 1000982:32827 Ph#: (807) 623-8005

Sample#: 27 Core F aX#: (807) 623-8074 Email , [email protected]

Au Pt Pd Rh Ag Co Cu Fe Ni Pb Zn Accurassay # Client Id

glt glt glt glt % % % % % % ppm 28689 TK-06-005-0 19 0.009 0.028 0.017 0.0035 0.1228 0.1690

28690 TK-06-005-020 0.008 0.074 0.093 0.0113 0.2153 0.5298

28691 Check TK-06-005-020 0.012 0.075 0.082 0.0114 0.2192 0.5259

28692 TK-06-005-021 0.192 0.356 5.006 0.0069 0.0507 0.0536

28693 TK-06-005-022 <0.005 0.022 <0.010 0.0021 0.0242 0.0522

28694 TK-06-005-023 0.010 0.061 0.025 0.0041 0,0935 0.1690

28695 TK-06-005-024 0.025 0.056 0.025 0.0042 0.1344 0.0956

28696 TK-06-005-025 0.029 0.016 <0.010 0.0017 0.0838 0.0329

28697 TK-06-005-026 0.029 0.065 0.021 0.0040 0.1343 0.1367

28698 TK-06-005-027 0.060 0.074 0.048 0.0059 0.3596 0.2316

28699 TK-06-005-028 0.046 0.163 0.083 0.0081 0.3221 0.3686

28700 TK-06-005-029 0.009 0.063 0.026 0.0082 O.oI05 0.0044

28701 TK-06-005-030 0.030 0.066 0.049 0.0040 0.1354 0.0909

28702 Check TK-06-005-030 0.027 0.056 0.039 0.0041 0.1350 0.0926

28703 TK -06-005 -031 0.017 0.052 0.050 0.0036 0.1656 0.0660

28704 TK-06-005-032 0.068 0.077 0.062 0.0053 0.4861 0.1476

28705 TK-06-005-033 0.006 0.026 0.014 0.0034 0.0299 0.0181

28706 TK-06-005-034 0.028 0.107 0.083 0.0029 0.2525 0.0832

28707 TK-06-005-035 <0.005 0.064 0.036 0.0082 0.1656 0.2503

28708 TK-06-005-036 <0.005 0.104 0.046 0.0100 0.2386 0.3437

28709 TK-06-005-037 0.014 0.161 0.113 0.0146 0.6480 0.8172

28710 TK-06-005-038 0.008 0.438 0.491 0.0625 0.5212 1.7529

28711 TK-06-005-039 0.023 0.199 0.103 0.0119 0.8641 0.7333

Page 1 of2 uded on this report relate only to the Items tested

The Certificate of A lysis should not be reproduced except In full, without the written oratory

AL912-00IJ-04/06/200604J4 PM

Page 146: PROSP IP LINE CUTTING DIAMOND DRILLING RPT OLGA ...

Q A(:(:Ur-a§§a'Y ...L.p-- Lab()rat()rie§ Mineral Assay Division of Assay Laboratory Services Inc. 1046 GORHAM STREET THUNDER BAY. ONTARIO P7B 5X5 PHONE: (807) 626·1630 FAX: (807) 622·7571 EMAIL: [email protected] WEB: www.accurassay.com

Certificate of Analysis Thursday, April 06, 2006

North American Palladium Ltd.l, Metals Exploration Divis 710 Norah Cr. Thunder Bay, ON, CAN P7C4T8 Ph#: (807) 623-8005 FaX#: (807) 623-8074 Email [email protected]

Accurassay # Client Id

28712 TK-06-005-040

28713 Check TK-06-005-040

28714 TK-06-005-041

28715 TK-06-005-042

28716 TK-06-005-043

28717 TK-06-005-044

28718 TK-06-005-045

Au Pt Pd

glt glt glt 0.008 0.135 0.085

0.012 0.137 0.075

0.007 0.085 0.051

0.019 0.111 0.068

0.033 0.069 0.067

0.041 0.117 0.087

0.046 0.122 0.091

Rh

glt

Date Received: 3l-Mar-06 Date Completed: 06-Apr-06

Job # 200640284 Reference: l000982:32827

Sample #: 27 Core

Ag Co Cu Fe Ni

ppm % % % % 0.0113 0.4670 0.6040

0.0118 0.4219 0.6015

0.0040 0.2212 0.1604

0.0050 0.3054 0.1966

0.0060 0.2570 0.2000

0.0054 0.4324 0.2142

0.0036 0.3639 0.1611

Pb Zn

% %

Page 2 of2

~~fE~~~~~=~;;;;;:JTh:e~re:su~lts=lncluded on this report relate only to the Items tested The Ce ate of Analysis should not be reproduced except In full, without the written

e laboratory AL912.00IJ.Q4/061200604:34 PM