COMINCO LTO.

JANUARY 15, 1981

WESTERN D I S T R I C T

MAR 1 9 1981

GEOCHEMICAL REPORT

on the BALDY CLAIMS 1-22

situated a t

1 4 0 ~ 5 9 ' W LONGITUDE: 64'47' N LATITUDE

OAWSON M.D. , YUKON TERRITORY

Work period: M a y 31 - June 3 , 1 9 8 0

E.G. OLFERT

'3

I I 1 C , . . : . ' : - . , . ~. I8 - - .!!:.ion work under 1: I S ~ c i :. : :. . +>nrtz Mining Act. 1'

i $

1

COMINCO LTD.

EXPLORATION NTS: 116C

GEOCHEMICAL REPORT

ON THE BALDY CLAIMS 1-22

s i tua ted a t

1 4 0 ~ 5 9 ' LONGITUDE: 64'47' LATITUDE

DAMSON M.O., YUKON TERRITORY

WESTERN DISTRICT January 15, 1981

Located Claims on which assessment c r e d i t s are requested:

Claim - Baldy 1

2

Record #

YA49765 " 66 " 67 " 68 " 69 " 70 " 71 " 72 " 73 " 74 " 75 " 76 " 77 " 78 " 79 " 80 " 81 " 82 " 83 " 84 " 85 " 86

Date Recorded

May 30th 1980

Assessment Cred i t

1 1/2 y r s ,,

Amount

$ 150. ,,

I,

I,

I,

I,

I,

I,

I,

$3,300.

Geochemical work was done on these claims between May 31st and June 3rd 1980.

INTRODUCTION

The Baldy Claims were staked in May 1980 to cover an area along the Yukon/Alaska border containing anomalous soil/sil t geochemistry and Cu, Pb, Zn sulphide float. The region is underlain by quartz, muscovite, chlorite schists mapped as the Kondike Schist.

This report is based on results of a grid-soil sampling program conducted between May 31st - June 3rd, 1980. The aim of this program was to define the size of the anomalous area by soil-grid-geochemistry.

Personnel employed during the course of this study include:

Paul Wojdak 2 man days 7th Floor, 409 Granville Street Van. B.C. Don Dudek 2 man days Graham Gill 3 man days f I, A1 Roberts 2 man days I, I, Don Coolidge 1 man days 0

LOCATION AND ACCESS

The Baldy claims are located on the Yukon/Alaska border 48 miles west of Dawson City.

The Claims lie within the Dawson Mining Division and are located at 140059'Nlongitude and 64O47'Wlatitude. Access is by he1 icopter from Dawson City. The Top of the World Highway lies about 1 1/2,miles to the south of the claim group.

SUMMARY

Assessment work conducted on the claim group includes grid-soil-sampling and prospecting. The grid area has been sampled at 25 m intervals along lines spaced approximately 150 m apart. The most significant result is a coincident Cu, Pb, Zn soil geochemical anomaly adjacent to the international border. This anomaly is approx. 500-600 m long and 100- 400 m wide.

GEOLOGY

The claims are underlain by a sequence of quartz-chlorite schists which trend E/W across the property and dip to the north. Sheared granitic and ryholitic rocks occur along strike to the East. These above units are underlain by Paleozoic graphitic quartzites, phyll ites and minor carbonates of the Nasina Series. Structurally the area has been folded into an overturned syncline with the chloritic schist host rocks occupying the central portion of the fold.

MINERALIZATION

Some p&$fitic Cu,Pb,Zn f l o a t has been found i n a creek bed as shown on t h e at tached maps. The m i n e r a l i z a t i o n occurs as s t r a t i f o r m disseminat ions o f spha le r i te, cha lcopyr i te , galena and p y r i t e i n quartz, muscovite, c h l o r i t e host rocks. One sample submitted f o r assay contained 1.44% Zn, 0.3% Pb, 0.1% Cu, 0.2 oz / t . Ag and 0.002 oz / t . Au. Minor disseminated galena i n c h l o r i t e s c h i s t has a l s o been found i n slumped t a l u s along t h e creek bank. A l l t h e minera l i zed f l o a t occurrences a r e loca ted i n t h e area conta in ing t h e co inc iden t Cu, Pb, Zn soi l -geochemical anomaly.

GEOCHEMISTRY

Approximately 350 gr id-soi l -samples were c o l l e c t e d and analyzed f o r Cu, Pb, Zn us ing t h e atomic absorp t ion method. One s i g n i f i c a n t anomalous area was detected and i s l oca ted adjacent t o the Alaska/Yukon border. Th i s area i s approximately 500-600 m. long, 100-500 m wide and i s anomalous i n Cu, Pb and Zn. Pb i s t h e most anomalous element w i t h values commonly i n t h e 100-200 ppm range; background values are approx. 10-25 ppm. Two samples contained over 700 ppm Pb. Anomalous Zn values a r e i n t h e range of 100-200 ppm w i t h background values o f 50-75 ppm. Anomalous Cu values are i n t h e range o f 25-100 ppm w i t h background values of 10-15 ppm. Elsewhere on t h e g r i d area a few small sca t te red anomalies do occur, however, they a r e r e s t r i c t e d t o a small number o f anomalous samples, and these samples a r e u s u a l l y on l y anomalous i n one element.

CONCLUSIONS AND INTERPRETATION OF RESULTS

1) Th is p rope r t y conta ins a s i g n i f i c a n t co inc iden t Cu, Pb, Zn geochemical s o i l anomaly.

2) Low grade s t r a t a - c o n t r o l l e d Cu, Pb, Zn m i n e r a l i z a t i o n has been found as f l o a t i n t h e area conta in ing t h e above geochemical anomaly and i s suggested t o be the source f o r t h e anomaly.

3) The Cu, Pb, Zn m i n e r a l i z a t i o n i s hosted w i t h i n t h e same s t r a t i g r a p h i c sequence as t h e Boundary prospect loca ted about 1 m i l e t o t h e west across t h e A1 aska border.

Report by:

Endorsed by: R. Y. Watanabe Senior Geologist

tern D i s t r i c t

ATTACHMENTS :

1. Locat ion Map 1 :250,000 2. Claim Map lU=1/2 m i . 3. Pb Geochemistry Map 1 : 5000 4. Zn Geochemistry Map 1:5000 5. Cu Geochemistry Map 1:5000

COMINCO LTD.

EXPLORATION WESTERN DISTRICT

STATEMENT OF QUALIFICATIONS

I, Ernest Olfert, with business address at 409 Granville Street,

7th Floor, Vancouver, British Columbia, do hereby certify that I

have supervised the field work and have assessed and interpreted

the data resulting from this geochemical survey.

I also certify that:

1. I am a graduate of the University of Calgary, Alberta, where I

received a B.Sc degree in Honours Geology in 1970.

2. I am engaged in mineral exploration and have been a permanent

employee with Cominco since 1971.

Respectfully Submitted:

E.G. Olfert, ~ . ~ b / ~ o n o u r s

Th is i s Schedule A re fe r red t o

STATEMENT OF EXPENDITURES

BALDY GROUP

DAWSON M.D., Y.T.

MAY 30th,1980 - JUNE 3rd,1980

SALARIES (10 man days) . . . . . . . . . . . . . . . . . $ 822.00 REPORT WRITING E. O l f e r t ( 1 day) . . . . . . . . . . . . 126.00 TRAILSPORTATION ( H e l i c o p t e r 2 hrs. a t $400/hr. . . . . . . 800.00 GEOCHEMISTRY Cu, Pb, Zn 380 samples a t $3.25/sample . . . 1,235.00 DOMICILE (Food & equipment) 10 man days a t $15/m.day . . 150.00

$ 3,133.00 ADMINISTRATION 10% . . . . . . . . . . . . . . . . . . . 313.30

TOTAL $ 3,446.30

.... Ernes t ~ . & l f e r t Geologist . Exp lo ra t i on Cominco L td .

C A N A D A

YUKON TERRITORY

TO WIT:

STATUTORY DECLARATION

I, ERNEST GEORGE OLFERT, o f t h e C i t y o f Vancouver, i n the

Province o f B r i t i s h Columbia, do solemnly dec la re t h a t ;

1. I am employed as a g e o l o g i s t by Cominco L td . and, as

such, have a personal knowledge o f t h e f a c t s t o which I here i n a f t e r

depose;

2. Annexed here to and marked as Schedule A i s a t r u e copy o f

expendi tures on t h e geochemical survey c a r r i e d o u t on minera l c la ims

BALDY 1-22.

3. The s a i d expendi tures were i n c u r r e d between t h e 31s t o f May

and t h e 3 r d o f June 1980 f o r t h e purpose o f minera l e x p l o r a t i o n on t h e

above noted c l a i m group.

4. Th i s S t a t u t o r y D e c l a r a t i o n i s made i n support o f an a p p l i c a t i o n

f o r a C e r t i f i c a t e o f Work pursuant t o t h e Yukon Quar t z Min ing Act.

And I make t h i s solemn d e c l a r a t i o n consc ien t i ous l y b e l i e v i n g

i t t o be t r u e and knowing t h a t i t i s o f t h e same f o r c e and e f f e c t as i f

made under oa th and by v i r t u e o f t h e Canada Evidence Act.

Declared be fo re me a t t h e 1

C i t y o f Vancouver i n t h e 1 1 1

Province o f B r i t i s h Columbia ) 1

this/$fday o f December 1980. ) ) 1 \

~ r n e s t l . 01 f e r t

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