GEOLOGICAL A N D GEOCHEMICAL REPORT ON THE SPANISH M O L Y CLAIM GROUP ( # 8 9 1 9 8 9 , # 8 9 2 0 0 9 , # 9 6 7 6 4 9 , #967709) CARIBOO MINING DIVISION NTS093A/1AND092P/16 MxPX(toA RECEIVES EVENT N U M B E R 5552262 B Y JAN 2 6 2016 BC Gold Commissioner's Offlct Vancouver, BC received! D.W. RIDLEY | J'"' 3 0 2 0 1 5 BCGoid - Vmco«Mr,BC GEOLOGICAtTSUR\TKY JUNE 30, 2&l¥ ESm * m m f 0 W t
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G E O L O G I C A L A N D G E O C H E M I C A L R E P O R T
N T S 0 9 3 A / 1 A N D 0 9 2 P / 1 6 M x P X ( t o A
RECEIVES E V E N T N U M B E R 5 5 5 2 2 6 2
B Y
JAN 2 6 2016
BC Gold Commissioner's Offlct Vancouver, BC
received! D . W . R I D L E Y | J ' " ' 3 0 2 0 1 5
B C G o i d -
Vmco«Mr,BC
GEOLOGICAtTSUR\TKY
J U N E 3 0 , 2&l¥ESm*m m f 0 W t
tfuller
Text Box
BC Geological Survey Assessment Report 35537
2016 January 26 0157 PM 250 397 2771->5551212 22 Sep 15 02:29p david r i d l e y 250-397-2771
1/1 p. 1
Ministry off Energy, Mines & Petroleum Resoarces Mining & Minerals Division BC Geological Survey
TYPE OF REPORT [type off surveys)]:
RECEIVED! JAM 2 6 2015
SC Gold Commissfofier's OMoe - VancotfY9f,BC
TOTAL COST: * J") Q | 2 ^ yQ
Assessment Report Title Page and Smnntary
AUTHORCS): " ' R y A W f SIGNATURES):
NOTICE OF WORK PERMIT NUMB£R(SyDATE(S): YEAR OF WORK: ^jd )Lj
STATEMENT OF WORK - CASH PAYMENTS EVENT NUMBERfSVDATEfS): SSS^.^ 6 2~
PROPERTY NAME:
CLAIM NAMEfS) (on which the work was doao): Spo-v^x <>V\ t^V \ 5 f > « v ^ V ^ K M < » 1 ^ ̂ -
COMMODITIES SOUGHT: H o - W
MINERAL INVENTORY MINFILE NUMBERfS), IF KNOWN
MINING DIVISION: C<xv~ » V>e» &
LATITUDE:
OWNERJS): D
5 " 2 -
NTS/BCGS: O ̂ {ZS *\ / 0 < !3>fT Q O ^
LONGITUDE: (2-0 ° / 8 '
2)
MAILING ADDRESS: G o * . 1 1
OPERATOR(S) [who paid for the work]: 2)
MAILING ADDRESS:
(at centre of work)
rf i \ n i I
U l i JAN 2 6 2016 j
MINISTRY OF ENERGY AND MINES
PROPERTY GEOLOGY KEYWORDS (lanolooy, age. stratigraphy, stnicture. alteration, iiiuiwalfaatlon, staa and attitude):
REFERENCES TO PREVIOUS ASSESSMENT WORK AND ASSESSMENT REPORT NUMBERS:
Next Page
1/1 p. 1
; TYPE OF WORK IN | THIS REPORT
i
EXTENT OF WORK (IN METRIC UMTS)
ON WHICH CLAMS PROJECT COSTS APPORTIONED
(incl. support)
GEOLOGICAL (scale, area) 6
Ground, mapping "P rocS( i5y4-\i £*t.<»A«- \-2-c*,oc<i f T1
Photo intstpratatton GEOPHYSICAL (line-kaomatres)
Ground Magnetic
Electromagnetic
Induced Polartraoon
Radiometric
Seismic
Other
Airborne
GEOCHEMCAL (number of samp loo analysed for...)
Soil sut a \ r^o)-V^U-r^«^rV fidtAB<* BlIcM % 7 1 C 9 lOiT..* 10
Rock | 0 r^oili - t U U w i c v , ^ X C P
Other
DRILLING totaJ metres; number of holes, size)
Cora Non-core
RELATED TECHNICAL Sampling/assaying
Petrographlc
Mineralographic
MetaUurgic
PROSPECTING (scale, area)
PREPARATORY / PHYSICAL Line/grid (kilometres)
Topogrsphic/Photogra m metric (scale, area)
Legal surveys (scale, area)
Road, local access (kHometraeyi
Trench (metres)
[rail Road, local access (kHometraeyi
Trench (metres)
Underground dev. (metres)
Other
TOTAL COST:
M i n e r a l IitJ.es O n l i n e 1.5.8 Fage 1 011
BRITISH COLUMBIA
B.C. HOME
M ine ra l T i t les
M ine ra l C la im Exp lo ra t i on and D e v e l o p m e n t W o r k / E x p i r y Date C h a n g e
2 Select Input Method 0 Select/Input Titles S Input Lots
Link Event Numbers 2 Data Input Form 3 Upload Report 53 Review Form Data 2 Process Payment 3 Confirmation
-* Main Menu Search for Mineral /
* Placer/Coal Titles + Search for Reserve 5ites •* View Mineral Titles
Con f i rma t ion
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Mineral Claim Exploration and Development Work/Expiry Date Change R e c o r d e r : RIDLEY, DAVID WAYNE (122739) Subm i t t e r : RIDLEY, DAVID WAYNE (122739) R e c o r d e d : 2015/APR/23 Ef fec t ive : 2015/APR/23 D / E Da te : 2015/APR/23
C o n f i r m a t i o n
If you have not yet submitted your report for this work program, your technical work report is due in 90 days. The Exploration and Development Work/Expiry Date Change event number is required with your report submission. P l e a s e a t tach a copy o f th i s con f i rma t i on page to y o u r repor t . Contact Mineral Titles Branch for more information.
Even t N u m b e r :
W o r k Type :
Techn i ca l I t e m s :
5 5 5 2 2 6 2
Technical Work Geochemical, Geological, PAC Withdrawal (up to 3 0 % of technical work required)
W o r k S ta r t Da te : 2014/AUG/01 W o r k S t o p Da te : 2014/NOV/07 To ta l V a l u e of W o r k : $ 17012.70 M i n e Pe rm i t N o :
Rock Sample Description Sheets Sample Analysis Certificates
r
SUMMARY
The Spanish Moly claim group is situated approximately 75 kilometers northeast of 100 Mile House on BC highway 97 and about 45 kilometers north-northwest of Clearwater town site on BC highway 5. The property is best accessed from the 100 mile side where good quality logging roads provide direct access to the claims. The Spanish Moly claim group consists of 100 contiguous cell units in four claim blocks covering 1,990.63 hectares. The claim area is underlain by rocks tentatively correlated with Lower Cambrian to Mississippian age Eagle Bay Assemblage meta-volcanic and sedimentary rocks which have been intruded by a zoned granodiorite-granite pluton of assumed Cretaceous age. Two target areas have been identified and consist of quartz-sericite-pyrite alteration of meta-seds and related meta-volcanic rocks at the North Zone, and highly anomalous Mo-Zn-Co-Fe-Mn stream sediment anomalies draining the center of the Cretaceous intrusion in the southern portion of the claims.
Work was conducted August 1 to November 7 2014 and resulted in the collection and subsequent analysis of 21 stream sediment and 10 rock chip samples. During the course of this work it became apparent that several discrepancies exist with the former regional mapping of Campbell and Tipper (GSC Mem. 363). The most striking are amphibolite gneiss outcrops extending from the intrusive contact northerly along the north-western claim boundary and are believed to be related to the Crooked Amphiblite. Quartz-sericite-pyrite schist coupled with graphitic to carbonaceous phyllite and cherty sediments in the North Grid area are more indicative of meta-sed-volcanic Eagle Bay Assemblage than to pelitic schists, quartzite and gneiss of the Snowshoe Formation. The intrusive pluton is zoned from coarse-grained biotite granodiorite outer rim to an inner core of finer grained granodiorite, leuco granite and quartz monzonite. This is aptly depicted on regional air magnetometer maps provided by Map Place and illustrates the "donut-like" magnetic feature.
In addition, although the source of the anomalous Mo-Zn-Co-Fe-Mn geochemical signature was not located, it is believed to be related to the meta-sediment-granitic contact and most likely represents a skarn target(s). Additional work in the form of grid-based geological mapping, prospecting, soil and rock geo-chemical sampling, and ground geophysical surveys covering both the North and South Zone is highly recommended.
I
LOCATION AND ACCESS
The Spanish Moly property is situated approximately 75 kilometers northeast of 100 Mile House on BC highway 97. Access from highway 97 is via the Canim-Hendrix road approximately 50 kilometers northeasterly to Eagle Creek thence via the 6000 (Hendrix) forest service road for eighteen kilometers to the junction with the 7000 (Spanish) road. This road is taken easterly approximately 24 kilometers to junction with 7300 road which is taken southeasterly about eight kilometers to a main road junction near the north central portion of the claims. Several arterial roads leave here and provide access to most of the property (FIG. 2). The north and southern-most portion of the property are bounded by Well's Grey Provincial Park.
The property is within the Interior Wet Belt bio-geo-climatic zone and within Quesnel Highlands physiographic region. Topography ranges from 1260 meters in Spanish valley to 1631 meters on a ridge just south of the claims. The area has undergone substantial logging with a good road system and numerous clear cuts. Forested areas are generally thick mature stands of spruce, red cedar, subalpine fir, and lesser douglas fir, western hemlock, and aspen. Considerable lodgepole pine which have been killed by pine beetle are interspersed throughout the stand and are falling down creating lots of deadfall making progress slow and tedious. Ground cover includes thick patches ot rhododendron and devil's club whereas clear cuts are covered with fireweed and willow. The area receives abundant precipitation mostly falling as snow and the effective field season is late May to end of October.
The Spanish Moly property consists of one hundred (100) cell units in four mineral claims held by DW Ridley of Hawkins Lake, BC. Pertinent claim data is listed below.
CLAIM STATUS
Claim Name Record No. Date Located ***Good To Date*** Spanish Moly 1 Spanish Moly 2 Spanish Moly 3 Spanish Moly 4
891989 892009 967649 967709
2011/aug/21 2011/aug/21 2012/mar/20 2012/mar/20
2016/apr/30 2016/apr/30 2016/apr/30 2016/apr/30
pending assessment report approval
2.
PROPERTY HISTORY
The earliest recorded past work for the claim area was during 1999 when Ridley prospected newly constructed logging roads as part of a Prospector's Assistance Grant (99/00 P62). Quartz-sericite-cMorite-pyrite altered schist subcrop along the road was found to contain numerous quartz-pyrite veins and returned up to 300 ppb gold, 9972 ppm arsenic, and 100 ppm antimony (SP99DR5). Four samples were taken from a three meter long hand trench dug into the road bank. The best sample returned 82 ppb gold, 3137 ppm arsenic, and 25 ppm antimony (SP99T1-4 in Ridley, 99\00P62). This area has since been dug up, used as road fill, and scattered by the logging company.
Tungsten-molybdenum mineralization associated with a two mica granite stock intruding metamorphosed calcareous sediments of the Snowshoe formation was discovered along Deception Creek during the 1999 prospecting season. This led to the staking and development of the Fox tungsten-molybdenum property which was sold in 2005 to its present owner Happy Creek Minerals Limited. Happy Creek is actively exploring the area and has had substantial drill results particularly in the Ridley Creek basin on the eastern flank of Deception Mountain (Minfile #093A211). This is situated approximately 15 kilometers northwest of the Spanish Moly property.
During 2009 Ridley conducted a stream sediment survey in the area and discovered highly anomalous Mo-Zn-Co-Fe-Mn values draining the central portion of an oval granodioritic intrusion. Values range from 33-59 ppm molybdenum, 81-333 ppm zinc, 44-254 ppm cobalt, 6.7%-14% iron, and 9602 ppm to over 1% manganese. Subsequent prospecting indicates the anomalies are associated with the transition zone between coarse grained biotite granodiorite and finer grained muscovite-biotite granite comprising the current South Zone. In addition, a single stream anomaly was found draining the quartz-sericite-pyrite alteration at the North Zone and returned values of 97 ppm copper, 29 ppm lead, 163 ppm zinc, 0.6 ppm silver, 226 ppm nickel, 61 ppm cobalt, 1484 ppm manganese,7% iron, and 198 ppm barium. This work was not reported and is not included in the government database.
The property was re-staked by Ridley in 2011 and has been actively worked on since that time. An arsenic soil anomaly was found associated with quartz-sericite-pyrite schist and phyllite at the North Zone (A.R.#33464) and minor molybdenite mineralization was discovered in quartz-pyrite veinlets cutting biotite granodiorite at the 7400 Zone (A.R.#34678).
The 2014 work program focused on the anomalous Mo-Zn-Co-Fe-Mn stream sediment samples collected during earlier work and resulted in narrowing down potential source areas (this report).
3
REGIONAL GEOLOGY
The area was mapped at 1:250,000 scale in 1971 by Campbell and Tipper as part of the Bonaparte River Map Area (92P) and presented in GSC Memoir 363. The area to the west and south has been mapped at 1:50,000 scale by Schiarizza et al in 2001,2005 and 2006. Preliminary prospecting in the area has found several discrepancies with the earlier mapping, probably due the greater access and outcrop exposure in logging cut blocks. Meta-volcanic and sedimentary rocks immediately east of the assumed trace of Eureka Thrust from the Black Riders Ultramafic Complex to the southeast are tentatively correlated to Unit EBP of the Eagle Bay Assemblage as described by Preto and Schiarizza (Paper 1987-2). In addition, a granitic to quartz monzonite stock was found to intrude the core of an oval-shaped biotite granodiorite pluton of assumed Cretaceous age. This granitic stock coincides with the lowest portion of a significant "donut-style" magnetometer anomaly as depicted on government aero magnetic map of the area (Geophysics Paper 5230).
The Spanish Creek area is cut by the Eureka thrust fault which separates Mesozoic rocks of Quesnel terrane from Paleozoic and older rocks of Omineca terrane. Omineca terrane is further subdivided based on metamorphic grade. Barkerville terrane is characterized by a mixed volcano-sedimentary sequence in greenschist and lower regional metamorphism whereas the Cariboo terrane is characterized by high grade metamorphism resulting in highly folded and contorted schists and gneisses of mainly sedimentary origin. Both assemblages have been intruded by Cretaceous (?) stocks, plugs, and dyke swarms of granite to granodiorite composition.
The upper or northern portion of Spanish creek valley is covered by a succession of volcanic rocks ranging from Tertiary to Recent age. The Flourmill volcanoes, situated immediately northwest of the property, are estimated to have been active as little as 3,000 years ago. Related blocky basalt flows covering the Spanish valley are deposited directly on glacial till.
2014 WORK PROGRAM
The 2014 work program was directed towards finding the source of previously documented anomalous stream sediment samples which contained a persistent Mo-Zn-Co-Fe-Mn-Ba geochemical signature. Rock outcrops encountered during this work were examined and mapped in a general way. Work carried out between August 1 to November 7,2014 (20 man-days), resulted in the collection and subsequent analysis of 10 rock and 21 stream sediment samples. The source area for the anomalous geochemical signature appears to be isolated and follow-up prospecting is highly recommended.
PROPERTY GEOLOGY AND ROCK SAMPLING
A total of ten (10) rock chip samples were collected and analyzed for 30 elements ICP by Acme Laboratories, Vancouver, BC. Generalized property geology is depicted on Figure 3 and rock sample locations are plotted on Figure 4. Sample description sheets and analysis certificates are included in the appendix.
The oldest rocks on the property comprise a mixed meta volcano-sedimentary sequence tentatively correlated to Mississipian age Unit EBP of Preto and Schiarizza (Paper 1987¬2). It is comprised mainly of dark grey to black phyllite, quartzite, siltstone, intermediate to felsic volcaniclastic rocks and limestone. These rocks are overlain by amphibolite gneiss believed to be related to the Mississippian to Early Permian "Crooked Amphibolite" unit of Bloodgood (Paper 1990-3). This is due to its similar composition and overall structural position along the contact of Quesnel and Omineca Terranes. The southern half of the property is underlain by a zoned granite-granodiorite pluton related to Cretaceous Raft Batholith (GSC Mem 363). Al l rock types are cut by a variety of dykes, and locally sills, which originate from this larger pluton.
Outcrop on the property is best exposed in logging cut blocks, along access roads and on steeper slopes, particularly south facing slopes, which were plucked during ice movement. Meta-seds of unit EBP tend to form low lying spotty outcrops whereas those of the Crooked Amphibolite and intrusive rocks form much more extensive outcrops.
Stratafied Rocks (unit EBP?)
These rocks outcrop intermittently throughout the northern portion of the property. They include quartz-biotite schist and gneiss, quartzite, chert, graphitic to carbonaceous argillite, cherty pyritic argillite, quartz-sericite-pyrite schist and phyllite, calc-silicates and marble, and chlorite-quartz schist. Outcrops are generally tightly folded and strike north to north-northeasterly with moderate to steep easterly dips, although local variations were noted. Sulphides are restricted to a belt 300-400 meters wide extending north of the North Grid and continuing south to the intrusive contact. Rocks include rusty weathering carbonaceous to graphitic cherty argillite, quartz-sericite-pyrite schist, pyritic chert and quartz-biotite-garnet schist. Overall sulphide content ranges from 1 to 5% and consists of pyrite with lesser amounts of pyrrhotite and trace chalcopyrite.. Andalusite and lesser staurolite crystals are common in dark grey to black phyllite up to 1.5 kilometers from the intrusive contact. Andalusite varies from white to relatively clear crystals nearest the intrusive contact to pinkish in colour and associated with abundant brown staurolite farther away.
Seven rock samples were collected from the "Stratafied Rocks" unit with five being within the sulphide-rich belt and two of float from further afield (SM14DR-5, 6, 8, 9,10 and SM14DR1 and 2 respectively). A grab sample from well bedded pyritic carbonaceous cherty argillite returned elevated values of 164 ppm copper, 172 ppm zinc,
S
and 271 ppm barium (SM14DR10). No economic concentrations were found in these samples which are fully described in the appendix and locations are plotted on Figure 4.
The North Grid target is a rusty-weathering, quartz-sericite-pyrite schist unit (map unit EBPss) inter-bedded with grey to black argillite, phyllite and lesser micaceous quartzite. Past sampling of the felsic schist unit returned anomalous arsenic-antimony-barium-gold values in rock chips (Ridley, 1999). Rocks generally strike north to north-northeast dip moderately to steeply east and appear more or less folded. Sulphide content is most pronounced in the felsic unit where pyrite reaches up to 3% with minor to trace arsenopyrite and chalcopyrite. Surface rocks were not found to be noticeably magnetic however a strong magnetic pull was seen while running grid lines with hip chain and compass. A small magnetic high is shown on regional magnetic maps and must be related to something at depth.
Crooked Amphibolite
The Crooked Amphibolite outcrops extensively along the western edge of the claim block north of the intrusive contact. Rocks are dark green or black in colour and are commonly weathered to a deep rusty brown where sulphides are encountered. Outcrops comprise quartz-feldspar-amphibole forming well-layered gneiss which ranges from coarse to very fine grained textures. The gneissic layering imparts a trend to outcrops and may be related to original bedding planes. Outcrops strike north-northeast and dip moderately to the east. Folding is less well developed here although it increases as one approaches the eastern contact with unit EBP and the assumed trace of the Eureka thrust fault. Quartz veining with or without pyrite, pyrrhotite and trace chalcopyrite also occur along the contact zone. A single poorly exposed outcrop of serpentinized ultramafic rock was located in a saddle between two hills west of Bayko lake.
Granitic dykes and possibly sills cut the amphibolite unit and one dyke can be traced at least 800 meters along strike following the access road. This dyke is up to 10 meters wide strikes north-northeast and dips moderately to steeply eastward. It is a composite pluton comprised of coarse grained biotite granodiorite cores surrounded by fine grain granite and rhyolite. The more felsic rocks commonly contain small reddish-pink euhedral garnets and less common disseminated pyite and quartz veinlets.
Three rock samples were collected and analyzed from this area with one from the amphibolite unit (SM14DR7), one from the granitic pyrite bearing dyke (SM14DR3) and one random float sample (SM14DR4). No economic concentrations were found although the amphibolite sample returned elevated copper values of 513 ppm (SM14DR7).
Intrusive Rocks
The southern half of the property is underlain by an oval-shaped, zoned granodiorite-granite pluton which intrudes all previous rocks. Dykes related to this pluton can be found cutting both the intrusive rocks and emanating outwards up to 1.5 kilometers from the intrusive contact. The intrusive pluton is zoned from coarse-grained biotite
granodiorite outer rim to an inner core of finer grained granodiorite, leuco granite and quartz monzonite (?). This is aptly depicted on regional air magnetometer maps provided by Map Place and illustrates the "donut-like" magnetic feature. A variety of dykes and several quartz vein systems cut the main pluton. Trace molybdenite was found within quartz-pyrite veinlets cutting the outer biotite granodiorite at the end of the 7400 forest road in the south-western portion of the property (A.R. #34678).
Narrow, generally less than half a meter wide, granite pegmatite dykes cut the coarse grained biotite granodiorite at various orientations. They consist of equal parts quartz and pink feldspar with minor biotite crystals and rare magnetite. Fine grained aplite dykes also cut the granodiorite and can be found up to 2 kilometers beyond the intrusive contact immediately west of the property.
Fine grained biotite granodiorite occurs east of the 7400 zone and is cut by numerous glassy quartz veinlets. No sulphide minerals were observed and little to no wallrock alteration accompanied the veining. The veins are vertical to steeply dipping with a northerly strike and are cut by later northwesterly trending and northeasterly dipping fractures filled with epidote, chlorite and quartz. The contact between the coarse and fine grained granodiorite was not observed but may be gradational.
Still further east a single outcrop of fine grained granite or quartz monzonite was found. This occurrence is coincidental to a regional air magnetometer low shown on government maps. This rock consists of quartz, possibly 2 feldspars (plagioclase and potash?) and up to 15% mafic minerals. The mafic minerals are altered to a mass of light green chloritic material. Outcrop in this low lying, swampy ground is rare and hard to find.
2014 STREAM SEDIMENT SAMPLING
A total of twenty-one (21) stream sediment samples were collected and analyzed for 30 elements by ICP at Acme Analytical Labs, Vancouver, BC. Sample locations are plotted on Figure 5 and analysis certificates are included in the appendix. Samples were collected from active streams and consisted of fine gravel and/or sandy sediment. This material was placed in Kraft soil envelopes and air-dried for at least 2 weeks prior to shipment. The purpose of this survey was to follow-up on previous anomalous Mo-Zn-Co-Mn-Fe-Ba stream sediment results and, hopefully, outlines a potential source area (A.R. #34678). Two target areas were found and will be subjected to detailed prospecting later this year.
Seven of twenty-one stream samples were found to contain this anomalous geochemical signature of which four were related to the main south flowing creek and three were from tributary drainages (SM14DS-1, 3, 8,20 and SM14DS-5, 7,21 respectively). Sample results ranged from 12.3-55.2 ppm molybdenum, 141-380 ppm zinc, 48.1-207.4 ppm cobalt, 5664->10,000 ppm manganese, 5.95-19.2% iron, and 198-1075 ppm barium. An average value for all past samples carrying this distinctive geochemical signature is 34.3 ppm molybdenum, 277.1 ppm zinc, 188.5 ppm cobalt, 9707 ppm manganese, 11.2% iron, and 736.9 ppm barium from 12 samples collected between 2009 and 2014.
1
Black manganese stain is prevalent on rocks within the main creek (samples DS1,3, 8, and 20). The creek takes a sharp bend to the west immediately north of sample DS20 forming a distinctive "S" turn into Bayko lake which is not shown on topographic maps or readily apparent on air photos. This topographic feature happens to be situated at the contact between granitic rocks with amphibolite gneiss and quartz-biotite schist and represents a highly prospective area for future detailed examination.
CONCLUSIONS
Based on a compilation of past data and results of this work program it can be concluded:
Previous regional geological mapping of this area needs to be re-evaluated and updated. It is proposed that rocks mapped by Campbell and Tipper as Kaza Group south of Spanish Creek be correlated to map unit EBP of the Eagle Bay Assemblage as described by Preto and Schiarizza in the Clearwater area further east. This is due overall structural position adjacent Eureka thrust, similar stratigraphy, and regional metamorphic grade. In addition, outcrops of Bloodgood's Crooked Amphibolite (Paper 1990-3) are widespread along the northwestern side of the claim group as well as along the west side of Spanish creek west and north-northwest of the property. This could have significant regional implications regarding the currently mapped Quesnet-Omineca terrane boundaries.
Two potential source areas for the highly anomalous Mo-Zn-Co-Mn-Fe-Ba stream samples were located from the 2014 field work. These include an area south of Bayko Lake (SM14DS7,20,21) and a second zone about 800 meters east (SM14DS5). Rocks in the vicinity are generally well folded and simple bed repetition could explain the two source areas.
A meta-rhyolite(?) is interbedded with black meta-sediments at the North Zone. This felsic unit contains local anomalous arsenic, antimony, barium, and gold in rock and soil samples. In addition, a magnetic anomaly underlying the North Zone grid was found to deflect compass bearings by up to 20 degrees. No significantly magnetic rock has been found on surface and it is assumed the high magnetic source lies at depth. A granite to quartz monzonite stock has been discovered at the South Zone. It is associated with a strong magnetic low in the center of surrounding high magnetics, as shown on regional air mag maps.
8
RECOMMENDATIONS
Additional work is highly recommended for the Spanish Moly property. The North Grid should be extended to the south and subjected to rock sampling, prospecting, geological mapping, soil and geophysical surveys. A magnetometer survey would be instrumental to determine the source and outline the geometry of the magnetic anomaly.
Detailed prospecting, geological mapping, and stream sediment sampling should be conducted south of Bayko Lake and at the other target area 800 meters east as depicted by anomalous stream sediment results. The intrusive and combined amphibolite gneiss-meta-sediment contact should be subjected to detailed prospecting aimed at discovering the source of the stream anomalies.
1
COST STATEMENT
Wages:
D.Ridley 20days@$450\day
Transportation: Truck Rental 20 days @ $100\day ATV Rental 2 days @$75/day Fuel
$9000.00
$2000.00 $ 150.00 $ 600.00
Food and Accommodation: 20 days @ $80/day $1600.00
Sample Analysis: 10 rock samples 21 stream samples
$ 225.30 $ 361.62
Shipping:
Report Preparation:
$ 40.77
$3000.00
Sub-Total $17012.70
PAC Account Debited
Total Expenditures:
$2905.08
$19917.78
REFERENCES
Airborne Magnetic Survey Mahood Lake BC (92P16); Geophysics Paper #5230.
Blann, D and Basil C; 1992; Geological\Geophysical Report; Ass. Rpt. #22814.
Bloodgood MA, 1990: Geology of the Eureka Peak and Spanish Lake Areas, BC; BCMEMPR Paper 1990-3.
Campbell RB and Tipper HW, 1971; Geology of Bonaparte Lake Area, 92P; GSC Memoir 363.
Campbell RB, 1978; Geology of Quesnel Lake Area, 93A; GSC Open File 574.
Ridley DW, 1988; Prospecting Report on Redfern Claims; Ass. Rpt. # 18017.
Ridley DW, 1990; Trenching, Soil Sampling and Geophysical Report; Ass. Rpt. #21013.
Ridley DW, 1993; Geological and Geochemical Report on the Redfern Group; Ass. Rpt. #23205.
Ridley DW, 2007; Prospecting Report on the Spanish East Claims; Ass. Rpt. # 28981.
Ridley DW, 2009; Stream Sampling in Spanish Creek Area; unpublished private report.
Ridley DW, 2012; Geological and Geochemical Report on the Spanish Moly Claim Group; Ass. Rpt. # 33464: see also 2014 Ass. Rpt. #34678.
Schiarizza P and Preto V, 1987; Geology of the Adam's Plateau-Clearwater-Vavenby Area; BCMEMPR Paper 1987-2.
Struik LC, 1986; Imbricated Terranes of the Cariboo Gold Belt with Correlations and Implications for tectonics in southeastern BC; Canadian Journal of earth Sciences, Vol23, No. 8, Pgs. 1047-1061.
I, David Wayne Ridley, PO Box 77, Eagle Creek, BC, V0K1L0, do hereby certify;
I completed the "Mineral Exploration for Prospectors" course hosted by the BC Ministry of Mines at Mesachie Lake, BC in 1984.
I completed the short course entitled "Petrology for Prospectors" held in Smithers BC and hosted by the Smithers Exploration Group in 1990 and 1994.
I attended several short courses hosted by the Kamloops Exploration Group during the annual KEG convention in Kamloops, BC and included "Metallogeny of Volcanic Arcs" (1998), "Intrusion-Related Gold Deposits" (1999), Massive Sulphide Deposits (2001), "Proven Mineral Exploration Stategies for the Beetle Impacted Zone" (2008), "Induced Polarization Surveying for Mineral Exploration" (2009), "Workshop on Exploration for Rare Metals" (2011).
I have prospected independently since 1982 and have been employed as a contract prospector by various exploration companies in BC, Yukon and southeast Alaska since 1984.
I carried out the field work described in this report.
I own a beneficial interest (100%) in the property.
Comments ang float; rusty weathering, dk grey-green pyritic chert with quartz veining; pyrite in chert is crudely layered, trace magnetite large (+1.5 metre) ang float boulder; rock completely altered to an assemblage of pinkish garnet, white to clear quartz and black chorite; tr pyrite ang float; tan weathering, fine grained felsic intrusive (dyke?) less than 1% mafic minerals, trace euhedral red garnets; cut by late limonitic fractures w minor py ang float; qtz-biotite gneissic schist cut by qtz-feldspar-muscovite granite pegmatite heavy Mn stain overall grab across 75 cms; rusty weathering dk grey-green cherty sediment with up to 7% crudely layered pyrite; trend 025/70E; beside road grab across 1 meter; as DR-5 but more quartz veining and py to 10%; beside road grab subcrop rubble; rusty weathering amphibolite gniess, minor qtz veins, pyrite subcrop rubble; rusty, highly contorted and altered rock; now mixture of biotite-sericite-pyrite; very soft, probable fault zone; dug up during new road construction subcrop rubble; light grey pyritic cherty sediment; up to 5% py; dug up in new road ang float; finely bedded dark grey to black fine grain sediment with narrow quartz layers partly altered to brownish biotite; whole contains up to 5% py
Spanish Molv claims: 2014 Stream Sediment Samples
Sample # Easting Northing Elevation EPE Comments SM14DS-1 684239 5762935 1451m 10m main creek SM14DS-2 684269 5762955 1447m 7m bt gm float SM14DS-3 684242 5762750 1448m 7m main creek; no Mn stain SM14DS-4 684116 5762545 1428m 7m trickle, in clearcut SM14DS-5 684306 5763781 1475m 9m north edge clearcut; flow 060; c-gr bt grd o/c SM14DS-6 684104 5763752 1499m 10m bt grd o/c SM14DS-7 683763 5763846 1480m 9m flows 260 SM14DS-8 683602 5763640 1484m 7m just above swamp edge SM14DS-9 683678 5763679 1406m 7m flows 270 SM14DS-10 683716 5763193 1478m 5m flows 360 SM14DS-11 684908 5763994 1428m 8m grd o/c nearby SM14DS-12 685151 5763861 1414m 5m inlet to lake;grd boulders and s/c SM14DS-13 685077 5763718 1408m 8m c-gr bt grd o/c here SM14DS-14 685165 5763611 1407m 5m bt grd o/c SM14DS-15 685207 5763595 1415m 7m no bedrock here SM14DS-16 683204 5764504 1535m 5m amp gn o/c SM14DS-17 684390 5765020 1499m 5m flows 330 SM14DS-18 684609 5764171 1447m 7m swampy low ground; small creek SM14DS-19 684345 5763834 1466m 9m bt grd o/c nearby SM14DS-20 683487 5763873 1486m 6m mixed ang float; SM14DS-21 683476 5763969 1500m 6m no rock here
V E R I T A S MINERAL LABORATORIES Canada www.bureauveritas.com/um
Bureau Veritas Commodities Canada Ltd.
9050 Shaughnessy St Vancouver BC V6P 6E5 CANADA PHONE (604) 253-3158
Lodestone Explorations C o . Inc. P.O. Box 77 Eagle Creek BC VOK 1L0 CANADA
Dave Ridley Canada-Vancouver January 23, 2015 January 29, 2015 1 of 2
VAN 15000157.1 CLIENT JOB INFORMATION SAMPLE PREPARATION AND ANALYTICAL PROCEDURES
Project: Shipment ID: P.O. Number Number of Samples:
Spanish Moly
10
SAMPLE DISPOSAL
Procedure
Code
PRP70-250 AQ200
Number of Samples
10 10
Code Description
Crush, split and pulverize 250 g rock to 200 mesh 1:1:1 Aqua Regia digestion ICP-MS analysis
ADDITIONAL COMMENTS
Test Report Lab Wgt (g| Status
VAN 0.5 Completed VAN
DISP-PLP Dispose of Pulp After 90 days DISP-RJT Dispose of Reject After 90 days
Bureau Veritas does not accept responsibility for samples left at the laboratory after 90 days without prior written instructions for sample storage or return.
Invoice To: Lodestone Explorations Co . Inc. P .O. Box 77
Eagle Creek B C V 0 K 1 L O C A N A D A
CC:
This report supersedes all previous preliminary and final reports with this file number dated prior to the date on this certificate. Signature indicates final approval; preliminary reports are unsigned and should be used for reference only. All results are considered the confidential property of the client. 8ureau Veritas assumes the liabilities for actual cost of analysis only. Results apply to samples as submitted, "*" asterisk indicates that an analytical result could not be provided due to unusually high levels of interference from other elements.
Bureau Veritas Commodities Canada Ltd. 9050 Shaughnessy St Vancouver BC V6P 6E5 CANADA PHONE (604) 253-3158
www.bureauveritas.com/um
Client:
Project
Report Date:
Page:
Lodestone Explorations Co. Inc. P.O. Box 77 Eagle Creek BC VOK1L0 CANADA
Spanish Moly
January 29, 2015
2 of 2 Part: 1 of 2
Method WGHT AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 Analyte Wgt Mo Cu Pb Zn Ag Nl Co Mn Fe Aa Au Th Sr Cd 8b Bl V Ca P
This report supersedes all previous preliminary end final reports with this Me number dated prior to the date on this certificate. Signature Indicates final approval; preliminary reports are unsigned and should be used for reference only.
Bureau Veritas Commodities Canada Ltd. 9050 Shaughnessy St Vancouver BC V6P 6E5 CANADA PHONE (604) 253-3158
C l i e n t
Project:
Report Date:
Lodestone Explorations Co. Inc. P.O. Box 77 Eagle Creek BC VOK 1L0 CANADA
Spanish Moly
January 29, 2015
Page: 2of 2 Part:
Method AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 Analyte La Cr Mg Ba Tl B Al Na K W HP, Sc Tl S Oa 8e T i
This report supersedes all previous preliminary and final reports with this Me number dated prior to the date on this certificate. Signature Indicates final approval; preliminary reports are unsigned and should be used tor reference only.
Bureau Veritas Commodities Canada Ltd. 9050 Shaughnessy St Vancouver BC V6P 6E5 CANADA PHONE (604) 253-3158
Client:
Project:
Report Date:
Lodestone Explorations Co. Inc. P.O. Box 77 Eagle Creek BC VOK 1L0 CANADA
Spanish Moly
January 29, 2015
Page: 1 of 1 Part: 1 of 2
Method WOHT AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 Anahrte Wgt Mo Cu Pb Zn Ag Nl Co Mn Fe As Au Th Sr Cd 8b Bl V Ca P
This report supersede! previous preliminary and final reports wRh this We number dated prior to the date on this certificate. Signature indicates final approval; preliminary reports are unsigned and should be used tor reference only.
Bureau Veritas Commodities Canada Ltd. 9050 Shaughnessy St Vancouver BC V6P 6E5 CANADA PHONE (604) 253-3158
QUALITY CONTROL REPORT
Client:
Project
Report Date:
Lodestone Explorations Co. Inc. P.O. Box 77 Eagle Creek BC VOK 1L0 CANADA
Spanish Moly
January 29,2015
Page: 1 of 1 Part: 2 of 2
VAN 15000157.1 Method AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ2O0 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 Anah/te La Cr Mg Ba Tl B Al Na K W Hg 8c Tl 8 Oa Se Ta
This report supersedes *H previous preliminary and final reports with this file number dated prior to the date on this certificate. Signature indicates Anal approval; preliminary reports are unsigned and should be used for reference only.
Lodestone Explorations Co . Inc. P.O. Box 77 Eagle Creek BC VOK 1L0 CANADA
Dave Ridley Canada-Vancouver January 23, 2015 January 29, 2015 1 of 2
VAN15000158.1 SAMPLE PREPARATION AND ANALYTICAL PROCEDURES
Project: Spanish Moly Shipment ID: P.O. Number Number of Samples: 21
SAMPLE DISPOSAL
Procedure
Code
Dry at60C SS80 AQ200 DRPLP
Number of Samples
21 21 21 21
Code Description
Dry at 60C Dry at 60C sieve 100g to -80 mesh 1:1:1 Aqua Regia digestion ICP-MS analysis Warehouse handling / disposition of pulps
Test Wgt(g|
0.5
Report Lab Status
VAN VAN
Completed VAN VAN
DISP-PLP DISP-RJT-SOIL
Dispose of Pulp After 90 days Immediate Disposal of Soil Reject
ADDITIONAL COMMENTS
Bureau Veritas does not accept responsibility for samples left at the laboratory after 90 days without prior written instructions for sample storage or return.
Invoice To: Lodestone Explorations C o . Inc. P .O. Box 77
Eagle Creek B C V0K1L0
C A N A D A
CC:
This report supersedes all previous preliminary and final reports with this tile number dated prior to the date on this certificate. Signature indicates final approval: preliminary reports are unsigned and should be used for reference only. All results are considered the confidential property of the client. Bureau Veritas assumes the liabilities for actual cost of analysis only. Results apply to samples as submitted. "'" asterisk indicates that an analytical result could not be provided due to unusually high levels of interference from other elements.
Q DJE Q E D MINERAL LABORATORIES V E R I T A S www.bureauveritas.com/um
Bureau Veritas Commodities Canada Ltd.
9050 Shaughnessy St Vancouver BC V6P 6E5 CANADA PHONE (604) 253-3158
CERTIFICATE OF ANALYSIS
Client:
Project
Report Date:
Lodestone Explorations Co. Inc. P.O. Box 77 Eagle Creek BC VOK1L0 CANADA
Spanish Moly
January 29, 2015
Page: 2 of 2 Part: 1 of 2
VAN 15000158.1 Method AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 Analyte Mo Cu Pb Zn Ag Nl Co Mn Fe As All Th Sr Cd 8b Bl V Ca P La
This report supersedes all previous preliminary and final reports with this file number dated prior to the date on this certificate. Signature Indicates final approval; preliminary reports are unsigned and should be used tor reference only.
EEEIOnjj MINERAL LABORATORIES V E R I T A S www.bureauveri1as.com/um
Bureau Veritas Commodities Canada Ltd.
9050 Shaughnessy St Vancouver BC V6P 6E5 CANADA PHONE (604) 253-3158
CERTIFICATE OF ANALYSIS
Client:
Project:
Report Date:
Page:
Lodestone Explorations Co. Inc. P.O. Box 77 Eagle Creek BC VOK 1L0 CANADA
Spanish Moly
January 29, 2015
2 of 2 Part: 2 of 2
VAN15000158.1 Method AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 AQ200 Analyte Cr Mg Ba Tl B Al Na K W Hg 8c Tl 8 Oa 8e Te
This report supersede! all previous preliminary and final reports with this tie number dated prior to the data on this certificate. Signature Indicates final approval; preliminary reports are unsigned and should be used for reference only.
This report supersede* el previous preliminary and final reports with this Me number dated prior to the date on this certificate. Signature indicates final approval; preliminary reports are unsigned and should be used tor reference only.
Thli report supersedes all previous preliminary and final reports with this Ms number dated prior to the date on this certificate. Signature Indicates final approval; preliminary reports are unsigned and should ba used tor reference only.
This map is a user generated static output from an Internet mapping site and is for general reference only. Data layers that appear on this map may or may not be accurate, current, or otherwise reliable. THIS MAP IS NOT TO BE USED FOR NAVIGATION.
• • • • • • • t I
HAHDOD LAKE AREA REGIONAL GEOLOGY IHS92P/16AM 93AA0W RIDLEY; OCT 202
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