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001M/0932
THIRTEENTH YEAR ASSESSMENT REPORT
OF
PROSPECTING
ON
LICENSE 20917M
TEN MILE PONE AREA, BURIN PENINSULA, NL
NTS 01M/09 & 01M/10
BY
NATHANIEL NOEL MSc.
FOR
E. MICHELE NOEL MINERAL LICENCES: 20917M (10) WORK CONDUCTED: LATE NOVEMBER AND EARLY DECEMBER TOTAL EXPENDITURES: 8728.00 20917M TOTAL CLAIMS: 10
Table of Contents Page Summary 1
Introduction 1
Location and Access 2 Physiography 2 Property Summary and License Status 3 Previous Work 4
Geology 4
Regional Geology 4 Local Geology 5
Current Program 7
Work Done 8
Results 8
Drilling Unit 8 Strange Showing 12 Strange Showing Drill Results 13 Bullwinkle Showing 16 Bullwinkle Showing Drill Results 20 Assaying 23
Conclusions and Recommendations 23
List of Expenditures 26
References 26 List of Figures
Figure 1 Project Location Map 1 Figure 2 Claims Location Map 2 Figure 3 Topography looking north-eastward from the Strange Showing towards the Bullwinkle 3 Figure 4 Regional Geology 5 Figure 5 Pink weathering crystal tuff 6 Figure 6 Grey weathering intermediate tuff 6 Figure 7 Project area map showing locations of Bullwinkle and Strange Showings 7 Figure 8 Hand held coring drill 8 Figure 9 Hand held drill rig with heavy extender and bit 9 Figure 10 Drill unit with drill steel extender and bit 10 Figure 11 Peat being flused from hole during drilling. 11 Figure 12 Cuttings being flushed from bedrock 11 Cont’d…/2
Table of Contents Cont’d. Page Figure 13 Location map for drill holes at the Strange Showing 12 Figure 14 6 inch core from S-6 15 Figure 15 Core from Silica-Alunite-Hematite boulder drilled at S-15 containing what is believed to be tourmaline 16 Figure 16 Soil survey results by Cornerstone Resources Inc. covering the Bullwinkle Showing 17 Figure 17 Map showing drill hole locations at Bullwinkle 18 Figure 18 Interpreted cross section of Bullwinkle from previous work completed 19 Figure 19 Distinct orange colored cuttings when coring limonitic alteration 20 Figure 20 Core from B-12 consisting of limonitic rich quartz- sericite schist 21 Figure 21 Core from B-13 consisting of more massive and silicic unit 22 Figure 22 Cuttings or deep overburden material flushed up by return and dumped on the surface 24 List of Tables Table 1 Strange Showing Drill Results 13 Table 2 Bullwinkle Drill Results 20
1
SUMMARY
Work in 2014 utilized a portable gas powered coring drill with extender attachments to drill
through 6 feet of peat bog for the purpose of sampling the bedrock underneath. Using this
device it was shown that a linear bog adjacent to the Strange showing is actually underlain by
intensely sheared quartz‐sericite‐alunite alteration providing addition proof that the Strange
showing and Bullwinkle showing are connected and therefore part of a single large alteration
system.
Drilling also provided information about the nature of the alteration in the linear valley which
bisects the Bullwinkle alteration zone and supports the hypothesis that the two parallel silica
zones are actually the limbs of a fold structure with the central valley being the core of the
system.
INTRODUCTION
This report covers work completed on mineral license 20917m (10 claims) located on the Burin
Peninsula. (Figure 1 and 2) This license was staked to cover prospective ground on the
Paradise Trend as defined by Huard (1989) and Geovector (2002) which contained the
Bullwinkle and Strange showings. This trend marks the location of a long (7km) system which
exhibits the characteristics of high sulphidation alteration including silica‐alunite‐hematite‐
pyrophyllite rich rocks.
Figure 1 Project Location Map
2
LOCATION AND ACCESS
The property consists of 10 contiguous located approximately three kilometres south of the
Monkstown Road and approximately 1.5 km west of Ten Mile Pond on the Burin Peninsula.
(Figure 2). It can be accessed from the Burin Highway via a major power line access trail which
almost reaches the western portion of the properties and then by ATV by traveling trails either
to the north or south of Ten Mile Pond. The northern portion of the property can be easily
accessed from Monkstown Road when the water level in the Paradise River is low however
access requires fording the river.
Figure 2 Claims location map.
PHYSIOGRAPHY
The area is relatively barren and consists of low rolling hills rising to the east to form a higher
plateau. There are numerous small ponds. Outcrop is sporadic and glacial overburden forms a
thin cover over most of the area. The silica alteration zones are local topographic highs
however the main alteration zone lies within a relatively low area.
3
Figure 3 Topography looking north‐eastward from the Strange Showing towards Bullwinkle. The alteration zone is interpreted to pass through on the left side of the photo.
PROPERTY SUMMARY AND LICENSE STATUS
Mineral license 20917m (10 claims) is a reduced license from an older claim block. The claims
were staked by E. Michele Noel. Since that time some of the claims (in particular those
included in the older license 19914m have been optioned to Western Keltic Minerals,
Comaplex Minerals Corp of Calgary Alberta, and Cornerstone Capital. In the spring of 2010 the
claims were returned to Michele Noel, the original claim holder. In the late fall of 2010 and
early winter of 2011 work on the claims was conducted under a grubstake agreement with
61716 Newfoundland and Labrador Limited who expressed an interest in the Burin Peninsula.
This grubstake work did not produce an option agreement. All claims are currently in good
standing.
4
PREVIOUS WORK
The region encompassing the claim block was mapped at 1:50,000 scale in 1984 by the
Newfoundland Geological Survey. With the discovery of the Paradise Trend alteration zones ie
Monkstown Road, Ridge, Paradise River showings along strike of the project area, the
immediate area was again mapped in 1989 by Allan Huard as part of his masters thesis. This led
to the discovery of the Bullwinkle and Strange showings. The Strange showing was found to
contain up to 800ppb gold when sampled by Huard. The area was staked by Stewart in 1985
and several anomalous gold values were obtained within the confines of the Bullwinkle
Alteration Zone in the vicinity of the small pond at the southwest end of the showing. In 1989
the area was staked by Corona Corporation who completed a program of mapping, lake
sediment, soil and rock sampling primarily to the east and north of the project area. The area
encompassing the Strange Showing was staked by Noel N. and the area around the Bullwinkle
Showing was staked by Noel E.M. in 2002. The property was then optioned to Western Keltic
Mines Ltd. and work was performed in 2002 by Geovector Management Inc. for Western Keltic
Mines. They conducted a limited mapping and prospecting program on the two properties and
confirmed that the Bullwinkle Showing was part of a larger, aurifferous high sulphidation
alteration system and obtained a grab sample assaying 1600 ppb gold from the Strange
Showing, doubling any previous results. In 2008 Cornerstone Capital Corp. optioned the
property and conducted soil and rock sampling. Sampling by Cornerstone at the Strange
showing produced and assay of 3.2 gm/ton Au. Work by the author includes prospecting on
and around the claim block.
While the area in the immediate vicinity of the Bullwinkle and Strange Showings inclusive has
had some exploration work completed on it, the project area is largely unexplored.
GEOLOGY
REGIONAL GEOLOGY
The area lies within the Avalon Terrain and is underlain by a suite of calc‐alkaline, volcanic
rocks with associated clastic and volcanoclastic sediments. The rocks formed some 550‐600
mya (O”Brien et al. 1998) and are considered to be part of the Marystown/Love Cove Group.
In this region the units define a broad anticlinorium which is cored by granitic rocks of the Swift
Current Granite. (Figure 4) The project area is at the southern end of this major structure.
5
Figure 4 Regional Geology (Modified from O'Brien et al. 1998)
LOCAL GEOLOGY
The claim block is underlain primarily by intermediate‐felsic volcanic and volcanoclastic rocks.
The felsic units consist of pinkish weathering crystalithic tuffaceous rocks (figure 5) while
intermediate units are green‐grey. (Figure 6) No sediments were observed on the claim block..
6
The claim block is bisected by a NE‐SW trending alteration zone known as the Bullwinkle Zone
containing advanced argillic alteration including zones of intense silicification.
Figure 5 Pink weathering crystal tuff.
Figure 6 Grey weathering intermediate tuff.
7
Structurally, the rocks are tightly folded and contain a strong penetrative foliation which strikes
NE‐SW at approximately 20‐30 degrees and generally dips steeply to the NW. F1 folds are tight
and isoclinal and are occasionally seen on outcrop scale. F2 folding is more open and can be
seen on a variety of scales. For a more detailed description of the local geology please see the
first year (2002) assessment report on these properties completed by Geovector Management
Inc.
CURRENT PROGRAM
The current program consisted of prospecting the Strange and Bullwinkle showings (Figure 7)
using a small gas powered portable drill unit. The purpose of using the drill was to attempt to
sample the bedrock adjacent to and along strike of the Strange Showing, and to determine the
nature of the alteration beneath the bog in the unexposed valley portion of the Bullwinkle
Showing.
Figure 7 Project area map showing locations of Bullwinkle and Strange showings
8
WORK DONE
The work was conducted in late November of 2014 (5 days) and Early December of 2014 (5
days) for a total of ten days which included travel to and from the project area. Work was
conducted from a small gravel pit adjacent to the Burin Highway near Dunns River. Access to
and from the project area was by ATV on a daily basis. Due to the time of year the days were
short. Accounting for travel time in and out from the camp to the project area which was about
1.25 hours each way and to ensure that the trip back to camp was conducted in daylight, the
actual prospecting day was about 5 hours long.
With the ATV loaded with gear, the initial trip in to the site, and the last trip out, took more
than 2 hours each way.
RESULTS
Drilling Unit
The drilling unit used was a Kor‐it hand held gas powered coring drill. (Figure 8) This particular
model (525) is geared for higher rpm’s than other models with a top speed of 1700 RPM.
Figure 8 Hand Held Coring Drill.
9
In figure 8 the drill is coring directly into bedrock. A 36 inch extender (figure 9) is available to
allow deeper drilling however such an extender is unnecessarily robust and extremely heavy.
The mass of the extender combined with its diameter ends up using a considerable amount of
torque just to turn the drill and can lead to overheating of the engine during drilling.
Figure 9 Hand held drill rig with heavy extender and bit.
To allow deeper drilling without stressing the drill a 1.5 meter length of drill steel, used for
percussion drilling was machined so that it could adapt to both the drill and the bit. (Figure 10)
The air hole down the center of the drill steel allows water to pass through for cooling the bit.
The narrowness of the drill steel allows for easy turning by the drill thereby transferring most
of the torque of the drill to turning the bit. The extender and bit combined allowed for drilling
to a depth of over 2 meters.
10
Figure 10 Drill unit with drill steel extender and bit.
For drilling through bog, pipe, normally used for chain link fencing was cut in 1.3 meter lengths
and using a grinder, one end was sharpened. A 2” metal pipe cap could then be placed on top
of the casing to protect it and then struck with a sledge hammer driving the casing into the
bog. The casing could then be pulled and in most cases the peat “plug” in the casing could
simply be blown out by placing ones mouth against the other end and blowing hard. In this
manner the casing could be easily driven approximately 90 cm into the bog. This provided
stability for the drill. A half horse power jet pump powered by a 2000 watt camp generator
provided enough water pressure to flush the hole of any additional peat and drill cuttings.
(Figures 11 and 12)
11
Figure 11 Peat being flushed from hole during drilling. Notice the metal pipe cap which was used to drive the casing into the bog.
Figure 12 Cuttings being flushed from bedrock.
300 feet of garden hose was brought in to insure that a nearby water source could be reached.
12
A hammer drill with a 2 inch masonry bit, which could also run off the generator, was brought
in with the expectations that it would be required to penetrate cobbly glacial till however none
was encountered.
While the drill was used previously on another project it was only used for drilling exposed
bedrock. This prospecting project was the first to test the extensions and their suitability for
drilling through peat bogs and while it required a considerable amount of time to drill each hole
much was learned while doing this. It is for this reason the claim holder has only been charged
for consumables.
STRANGE SHOWING
A total of 15 holes were drilled to test for extensions along strike of the main Strange showing
and also to determine if the alteration zone hosting the Strange showing was limited to the
exposure or if it extended further across strike and under the adjacent bog. Figure 13 shows
the location of the holes relative to the main showing.
Figure 13 Location map for drill holes at the Strange Showing
13
Table 1 lists the locations of the holes and a brief description of what was encountered.
STRANGE SHOWING DRILL RESULTS
Table 1 Strange Showing Drill Results
*All holes which did not make it to bedrock were drilled to depth of 2 meters.
S‐1 was drilled directly into the main showing, which consists an intense silicic alteration. Due
to the nature of the material the drill bit could barely penetrate the rock. A 2 inch diameter
coring bit shattered and lost its segments after a prolonged attempt to core the unit. For this
reason it was decided to step out from the showing.
S‐2 was drilled to test for an extension to the main showing. It encountered bedrock at
approximately 1 meter consisting of strongly foliated quartz, sericite, pyrite schist. A piece of 6
inch core was collected.
Hole # Easting Northing Description
S‐1 686449 5284690 Center of Strange showing on bedrock. So silicic drill would not penetrate to any depth. Shattered 2” drill bit.
S‐2 686459 5284692 Bedrock at 1 meter depth. Quartz‐sericite‐pyrite schist.
S‐3 686453 5284696 ? Boulder at 1.2 m. Mafic volcanic with slight alteration
S‐4 686442 5284684 Bedrock at 20 cm. Quartz sericite alunite hematite schist
S‐5 686434 5284678 Bedrock at 1.2 meters. Quartz alunite hematite schist
S‐6 686426 5284682 Bedrock at 1.5 meters. Quartz sericite alunite hematite schist
S‐7 686421 5284687 ? bedrock. Cuttings in return very sericitic but sandy
S‐8 686484 5284729 No Bedrock
S‐9 686479 5284733 No bedrock
S‐10 686477 5284739 No bedrock
S‐11 686476 5284749 No bedrock
S‐12 686476 5284760 No bedrock
S‐13 686475 5284769 No bedrock
S‐14 686442 5284699 Bedrock at 1.6 meters. Quartz sericite alunite hematite schist
S‐15 686603 5284846 Flat boulder. Quartz alunite hematite ? tourmaline. Only weakly foliated.
14
S‐3 cored a slightly altered mafic volcanic unit, believed to be an erratic, at approximately 1.2
meters.
S‐4 located immediately to the southwest of the main showing encountered bedrock at
approximately 20 cm. A 6 inch core of strongly foliated quartz‐sericite‐?alunite‐hematite was
collected.
S‐5 located further to the south west encountered the same unit as S‐4 at approximately 1.2
meters. Six inches of core was collected.
S‐6 stepped out across strike to the northwest, downslope from S‐5 and on to the bog. After
passing through approximately 1 meter of peat, it then continued to bore down while flushing
out what appeared to be sand. Bedrock was encountered at approximately 1.5 meters and
consisted of very strongly foliated Quartz‐sericite‐alunite‐hematite alteration. (figure 14) The
foliation was down the core axis which matched the bedrock located up slope immediately to
the east.
15
Figure 14 6 inch core from S‐6
S‐7 located northwest of S‐6 passed through a similar peat layer and bottomed in what
appeared to be sericite rich sand. It is possible that it was actually coring sericite rich bedrock
but that much of the core was being ground up due to the softness of the rock.
S‐8 – S‐13 attempted to encounter bedrock while following a small stream that had incised its
way through the peat layer and transected the linear occupied by the bog. Probing with a piece
of casing showed that there was indeed rock in the bed of the stream however these turned
out to be boulders/erratics. No bedrock was encountered in any of the holes and in some
cases the casing was almost lost down the hole.
S‐14 was drilled just north of the main showing as another step out hole into the bog. Bedrock
consisting of intensely foliated/sheared quartz‐sericite‐?alunite‐hematite schist similar to that
encountered in S‐6 was sampled.
16
S‐15 was a flat boulder of slightly foliated intensely altered quartz‐alunite‐hematite +
?Tourmaline schist. (Figure 15) It was drilled because it represents the closest erratic found to
date along strike of the Strange showing. It could not be sampled with a sledge hammer due to
its flat and smooth nature.
Figure 15 Core from Silica‐Alunite‐Hematite boulder drilled at S‐15 containing what is believed to be tourmaline.
BULLWINKLE SHOWING
A total of 15 holes were drilled at the Bullwinkle showing to determine the nature of the
alteration underlying the gold in soil anomaly discovered during a soil sampling program by
Cornerstone in 2008 and 2009. (Figure 16)
17
Figure 16 Soil survey results by Cornerstone Resources Inc. covering the Bullwinkle Showing
A route into the showing established the year before allowed the drilling gear to be brought
into the site by ATV.
Figure 17 shows the location of the drill holes. Holes B‐1 to B‐8 were drilled in the low ground
between two bands of intense silicic alteration. This low ground is currently interpreted to
represent the core of a fold with the two siliceous bands representing the limbs. (Figure 18)
Holes 9 – 15 stepped up the slope of the east limb.
18
Figure 17 Map showing drill hole locations at Bullwinkle
19
Figure 18 Interpreted cross section of Bullwinkle from previous work completed. Looking Southwest.
Table 2 summarizes the results of the drilling and provides the locations of the holes. Initially it
was thought that the Limonitic‐sericitic cuttings encountered in the bottom of drill holes B1 –
B4 represented a talus or sandy overburden layer however it is now thought to be the ground
equivalent of bedrock cored in holes B5 and B12 indicating that was most likely derived from
bedrock.
20
BULLWINKLE DRILL RESULTS
TABLE 2 Bullwinkle drill results
B‐1 to B‐4 were drilled in an area containing some of the highest gold in soil values (up to 85
ppb) identified by Cornerstone in 2008. All holes were drilled to a depth of 2 meters. Peat
formed a layer approximately 1.0 meter thick. Coring below this produced a distinct orange
colored return believed to be the result of limonite. (figure 19)
Figure 19 Distinct orange colored cuttings when coring limonitic alteration
Hole # Easting Northing Description
B‐1 687337 5285816 ?Bedrock/gravel. Limonitic sericitic cuttings.
B‐2 687342 5285813 Drilled through small boulder of Ackley Grantite then ?Bedrock/gravel. Limonitic sericitic cuttings.
B‐3 687344 5285806 ?Bedrock/gravel. Limonitic sericitic cuttings.
B‐4 687350 5285802 ?Bedrock/gravel. Limonitic sericitic cuttings.
B‐5 687342 5285790 Bedrock at 1 m. Sericite‐Limonite‐silica schist
B‐6 687369 5285859 ?Bedrock. Limonitic sericitic cuttings
B‐7 687369 5285859 ?Bedrock. Limonitic sericitic cuttings
B‐8 687373 5285860 ?Bedrock. Limonitic sericitic cuttings
B‐9 687498 5285886 Lost casing down hole. No Bedrock encountered
B‐10 687493 5285876 No bedrock
B‐11 687493 5285869 Possible bedrock at 1.4 m. Sericite‐limonite cuttings
B‐12 687498 5285866 Bedrock at 1 m Quartz‐sericite‐limonite schist.
B‐13 687498 5285861 Bedrock at surface. Quartz‐alunite‐hematite boudon
B‐14 687493 5285848 Bedrock at surface. Quartz‐alunite‐hematite boudon
B‐15 687485 5285840 Bedrock at surface. Quartz‐Hematite with some vuggy silica.
21
This same color in the cuttings was noted when coring bedrock composed of limonite rich
quartz‐sericite alteration as found in B‐5 and B‐12 (Figure 20)
Figure 20 Core from B‐12 conisting of limonite rich quartz ‐sericite schist.
B‐5 encountered very strongly foliated quartz‐sericite‐limonite schist at approximately 1 meter
similar to that shown in figure 19.
B6 – B8 were drilled in an area previously reported to contain a lot of angular quartz float. No
definite bedrock was encountered but like the other holes the cuttings were a distinct orange
color and appeared to be highly sericitic. In addition, the cuttings were comprised of coarse
chips suggesting that they may have been the result of ground up core.
22
B‐9 was collared in a small stream which had incised a deeper channel at right angles to the
strike of the foliation. No bedrock was encountered and a 4 foot length of casing was lost
down the hole.
B‐10 was collared slightly up slope from B‐9 and did not appear to reach bedrock. The base of
the hole however did produce an orange colored return.
B‐11 hit possible bedrock at 1.4 meters at that point producing coarse sericite cuttings and a
bright orange return from 1.4 to 2.0 meters.
B‐12 encountered definite bedrock at approximately 1.0 meter and produced the core shown in
figure 19.
B‐13 – 15 cored outcrop consisting of what appeared to be boudons of intense silicic alteration
containing subordinate amounts of alunite and hematite. This material was notably more
massive and less foliated than the surrounding rocks. (Figure 21) B‐15 contained vuggy
textures and was immediately adjacent to an a previous sample site which produced an assay
result of 110 ppb Au.
Figure 21 Core from B‐13 consisting of more massive and silicic unit
23
ASSAYING
To date, none of the cores collected have been assayed. It is the intention of the claimholder
to engage in a grubstake arrangement with a local exploration company to cover the costs of
the assays. The results will be presented in the next assessment report.
CONCLUSIONS AND RECOMMENDATIONS
The drill rig works extremely well and may in some cases offer a cheaper and more practical
alternative to trenching with an excavator. This would be especially true in areas of bog
where trenching results only in the creation of water filled depressions or worse, sunken
excavators. To some degree this program also served to work some of the bugs out of using
the apparatus for deeper drilling and the last few deeper holes happened much quicker than
the earlier ones.
The entire apparatus can be made lighter by substituting a small gas powered water pump (13
lbs) for the combination generator and turbine pump (100 lbs) Unless the hammer drill is
required to penetrate proper till or moraine (requiring the generator to power it) the gas pump
would definitely be the way to go.
The drill had no trouble turning the extender made from the drill steel. In fact, that worked so
well it is possible that two steel lengths of 1.5 meters could be connected to allow for even
deeper drilling.
A core extractor made for extracting the core out of a deep hole did not work and in the end
was unnecessary. With a bit of wear on the bit the hole was too narrow for the core extractor.
Inevitably, during drilling, the core broke off and lodged in the bit which allowed it to be
brought to the surface. Tapping the bit with a wrench caused the stuck core to loosen and slide
out.
It is possible that the apparatus could also be used as a deep overburden sampler. A collector
could be added to the top of the casing to catch the cuttings, brought up by the return, which
currently simply spill out on the ground. (figure 22) The cuttings could be assayed or examined
with a microscope or both.
24
Figure 22 Cuttings or deep overburden material flushed up by return and dumped on the surface.
The Strange showing originally called “strange” because of what appeared to be a very small
and intense pod of alteration appearing to be surrounded by relatively unaltered units is still
very much an enigma however this phase of exploration has demonstrated that indeed a much
larger alteration zone, lying beneath an adjacent bog, forms an envelope around the Strange
thereby making it less “strange”. Furthermore, the alteration observed in the drill core brought
up from beneath the bog is similar to alteration observed at the south west end of the
Bullwinkle zone and in erratics found between the two offering further evidence to suggest that
the two showings are part of a much larger and continuous alteration system. Further drilling
should be conducted around the main showing to determine if other pods of the auriferous
silicification exist and whether or not the grades are higher.
25
In addition, the identification of intense alteration beneath the bog adjacent to the Strange
Showing suggests that other such unexposed bog filled linears in this area may also contain
substantial alterations zones
Drilling at the Bullwinkle suggests that the siliceous zones form the higher ground and the
sericite‐hematite/limonite alteration forms the lower ground. While this might seem to be an
obvious conclusion, it has been found that in some locations where the siliceous zones are
folded they have shattered or broken up and resulting glaciation has plucked out the blocks
resulting in the creation of a depression, usually filled by a pond or bog. Further drilling of the
unexposed portions of the Bullwinkle will help create a detailed map of the alteration helping
to pinpoint where an economic zone might lie and with any luck, might actually sample it.
A full chip sampling program is still intended for the Bullwinkle portion of the alteration system,
a job made easier now that an ATV route into the center of the showing has been established.
The portable drill could then be used to expand on the results of such a program by sampling
unexposed areas adjacent to anomalous areas defined by the chip sampling.
The unexposed area between the Bullwinkle and Strange showings should be tackled using the
portable drill, primarily to locate and track the alteration zone and prove beyond a doubt that
the two are connected but also to check for any auriferous alteration which may be present.
26
LIST OF EXPENDITURES
REFERENCES
Dyke, B.
(2007): Assessment Report of Satellite Imagery, Prospecting, Rock Sampling, Lake Sediment
Sampling and Stream Sediment Sampling. Burin Project; Licences 9038M (5th yr), 10975M (2nd
EXPENDITURES COST
Days Worked (travel and prospecting, sampling) 10 days @ 400.00/day) 4000.00
Vehicle (10 days at 60.00/day) 600.00
Fuel (includes fuel for ATV) 480.00
Accommodations and meals (10 days @ 60.00/day) 600.00
Quad Use (6 days @ 50.00/day (includes and maintenance) 300.00
Administration (prep work) and report writing (2 days) 800.00
Coring Drill Bits (1.5 inch @ 140.00/ bit) x 2 280.00
Coring Drill Bits (2.00 inch @ 210.00/bit) x 2 420.00
Drill use 100.00
Casing (lost casing) 1 length 10.00
Overhead @ 15% of 7590.00 1138.50
Total 8728.00
27
yr), 11092M (2nd yr), 12650M (1st yr), 13639M (4th yr) and 13640M (2nd yr), NTS 1M/06, 1M/07,
1M/09, 1M/10 & 1M/16, Burin Peninsula, NL. Cornerstone Resources Inc. Assessment Report,
25 p.
(2008a): Assessment Report of Satellite Imagery, Property Tour, Prospecting, Rock Sampling,
Lake Sediment Sampling, Stream Sediment Sampling, Soil Sediment Sampling, Mapping,
TerraSpec and Trenching. Burin Project; Licences 8405M (5th yr & 6th yr), 8406M (5th yr & 6th yr),
8509M (5th yr & 6th yr), 9038M (6th yr), 10975M (3rd yr), 11092M (3rd yr), 12650M (2nd yr),
13189M (1st yr), 13633M (1st yr), 13637M (3rd yr), 13638M (3rd yr), 13639M (5th yr), 13640M (3rd
yr), 14825M (1st yr), 14827M (1st yr), 14833M (1st yr), NTS 1M/06, 1M/07, 1M/09, 1M/10 &
1M/16, Burin Peninsula, NL. Cornerstone Resources Inc. Assessment Report, 34p.
(2008b): Assessment Report (Supplementary Report) of Satellite Imagery, Property Tour,
Prospecting, Rock Sampling, Lake Sediment Sampling, Stream Sediment Sampling, Soil Sediment
Sampling, Mapping, TerraSpec and Trenching. Burin Project; Licences 8405M (5th yr & 6th yr),
8406M (5th yr & 6th yr), 8509M (5th yr & 6th yr), 9038M (6th yr), 10975M (3rd yr), 11092M (3rd
yr), 12650M (2nd yr), 13189M (1st yr), 13633M (1st yr), 13637M (3rd yr), 13638M (3rd yr), 13639M
(5th yr), 13640M (3rd yr), 14825M (1st yr), 14827M (1st yr), 14833M (1st yr), NTS 1M/06, 1M/07,
1M/09, 1M/10 & 1M/16, Burin Peninsula, NL. Cornerstone Resources Inc. Assessment Report,
8p.
(2009): Assessment Report of Compilation on Licences 12650M (3rd yr), 13637M (4th yr),
13640M (4th yr), 15461M (7th yr), 15462M (7th yr), 15959M (2nd yr‐ Grouped from 13633M &
14827M‐Subsequently reduced to 15963M & 15964M), 14825M (2nd Year – Reduced to
15969M & 15970M), 14833M (2nd Year – Reduced to 15971M & 15972M), Burin Gold Project
(Hickey’s Pond Claim Groups), NTS 1M/09, 1M/10, 1M/16. Cornerstone Resources Inc.
Assessment Report, 32p.
Huard, A. A.
(1989): Epithermal alteration and gold mineralization in Late Precambrian volcanic rocks on the
northern Burin Peninsula, southeastern Newfoundland, Canada, MSc, Memorial University of
Newfoundland, St John's, Newfoundland, Geofile 001M/0314, 289 pages.
28
Sexton, A., Heberlein, K. and Thompson, A. J. B.
(2003a): First and second year assessment report on geological and geochemical exploration for
licences 8102M, 8405M, 8509M, 8976M‐8977M and 9039M on claims in the Paradise River
area, on the Burin Peninsula, Newfoundland, 2 reports, GeoVector Management Incorporated
and Western Keltic Mines Incorporated, Newfoundland and Labrador Geological Survey, Geofile
1M/0468, 73 pages.
(2003b): First year assessment report on geological and geochemical exploration for licences
8406M and 8978M on claims in the Hickeys Pond area, on the Burin Peninsula, Newfoundland,
Western Keltic Mines Incorporated and Noel, N, Geofile 1M/0469, 69 pages.