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Property Acquisition and Optioning Report FY 2017
Better Mining for The Future With A Great Consultant Company.
OntarioExplorations101 focus on providing mine services in all categories within
the mining industry. This report is aimed at the Acquisition of the Richardson
Base Metal Property in Eldorado, Ontario, Canada. Asking price for property is
OntarioExplorations101, Ltd. Tel 1-705-722-4327
27 Baker Crs Barrie, ON, Canada
www.OntarioExplorations101.com [email protected]
Contents
Property Description _______________________________________________________1
Geology, and Assay_______________________________________________________1-5
Orogeny time period of the Grenville Province_________________________________6-7
Overal Mine Sites and Production-__________________________________________8-10
Pictures _______________________________________________________________11-13
Mineralied zones
Contact Information_______________________________________________________ 14
Pg. 01 Property Description
Page 1
Property Description
The Richardson Property is located on Lot 18, within the fifth
concession of Madoc Township, Hasting County, Eldorado,
Ontario, Canada. This property comprises of 100 acres (4356000
sq ft, which is has two tiles, the first being 96 acres of farm land,
and the second being 96 acres of Mineral rights. Acquisition of the
property includes farm house, shed, barn plus mineral rights,
Surface Rights, and Tree Rights. A new water generating power
plant is in the mist of being built to provide economical hydro
electrical power in Marmora, Ontario, Canada. In addition to this,
the property includes the Richardson Base Metal Mine, The
Wellington Base Metal Mine, Phoenix Gold Mine, United Gold Mine,
the Kirkland Mine, and the Anglo Saxon Iron Mine. We are currently
looking to do an option on the property first in getting more updated
examinations at lower depths.
Geology and Assays
The Richardson Ridge is commonly known to be volcanic formation
that was discovered within 1886 and had operated till 1868. It was
later re-opened and examined by the Richardson Gold Mining
Company in the 1880’s. A considerable quantity of free gold is
known to occupy much of the whole entire formation that’s heavily
mineralized and Gossan Stained. Gold at the Richardson Property
is known to occur within pockets or cavities which also contains
copper (Cu), cobaltite (Co, silver (Ag), iron (Fe), Beryllium (Be),
The Richardson
Base Metal
Property is
occupied by 2
lenses. The first
of these
sulphide VMS
lenses are
known to
occupied the
Richardson
Ridge, and the
other occupies
the farm
property.
Pg. 02 Property Description
Page 2
Uranium (U), Yttrium (Y), Allanite (Al, Si), etc. All these minerals are
known to be associated within the whole entire geological
formation. This property is occupied by a gossan formation to its
eastern side, and the greenstone is known to occupy the western
side of the Richardson Ridge. In terms, the Richardson Ridge is
commonly known to be hosted by epidotic, and chlorite gneiss,
which is known to enclose a bed of seatitc schist, and is associated
with a ferruginous dolomite. Much of the geology, and volcanics are
known to be embedded within the dolomite formation. It’s also
commonly known to represent small irregular fragments in which
break with a conchoidal fracture and presents a pitch-black color,
and resinous luster. If heated in open air, its commonly known to
readily ignite, and burns with little to no flame in which its known to
leave a residue. Other areas which were assay had given grades
between 24 to 50.8 grams per ton. Even the residue luster is
commonly known to carry the gold within this deposit zone. Upon
heating, the friable carbonate is also determined to be associated
with ochrey iron oxide that’s incrusted within the walls of the gold
bearing pockets. A large quantity of other minerals is commonly
also known to be within this deposit as it contains 33 indicated
resources by bulk sampling. In regards to this, the ochrey iron oxide
is commonly known to have also been a part of this formation in
distributing a matrix in which these metals became chiefly
disseminated in. The fractures which are associated with this
geological formation are also determined to be within a fault as the
other veins are found in the surrounding rock of the Richardson
Pg. 03 Property Description
Page 3
Ridge. For the most part, the Richardson Ridge is also determined
to be subdivided into contact formation as it changes from a gossan
to an ochrey iron oxide gossan formation. Generally, these cavities
are known to be derived from the decomposition of the surrounding
dolomite that largely contributes to this formation. Indicated
resources, along with assays are provided from the SGS Canada’s
Inc. laboratories which includes 33 listed minerals/metals taken
from different sections of the Hardin Shaft.
Arsenic is also associated with the Orchrey Iron Oxide Gossan
formation, and red chert with an altered lignite. Gold (50.8 g/t)
associations are also present within this formation along with silver
(200 g/t) values, and other minerals. Arsenic (1,200 g/t) is
commonly known to be associated within this formation also, and is
considered to carry silver, cobalt (300 g/t), and nickel (300 g/t)
values.
Uraninite also contributes to this deposit as it forms with the Arsenic
with minor amounts of pyrite. It’s also commonly known to come
into association with cassiterite that’s found within the hydrothermal
sulphide – VMS. Allanite along with uraninite is also known for
contributing several secondary Rare Earth Elements such as
columbite-tantalum, yttrium (10 grams tonne), and uranium (400
grams a tonne). Two lenses are also known to occupy the area
which are determined as the Richardson Ridge, and the Farm Land
Zone. These are also occupied by two faults known as the Moira
River fault, and the Lake Ontario Fault at 200 (60.96 m). These
Pg. 04 Property Description
Page 4
faults have not been tested according to diamond drilling that was
done from the Eldorado Property. Geology portion done by
OntarioExplorations101, Ltd.
Arsenic associated with Orchrey Iron Oxide Gossan formation, and red chert with an
altered lignite. Gold (50.8 g/t) Associations are also present within this formation along
with silver (200 g/t) values, and other minerals. Arsenic (1,200 g/t) is commonly known
to be associated with this formation also, and is considered to carry silver, cobalt (300
g/t), and nickel (300 g/t) values. – Hardin Shaft Underground Formation at roughly 70
feet below the surface.
Pg. 05 Property Description
Page 5
Pg. 06 Property Description
Page 6
Orogeny of the Grenville Province – (Richardson Base Metal
Mine)
The Richardson Gold Mine is commonly known to date back to the
Grenville Orogeny Province, which it deformation was formed at
about 1,000 million years ago. Much of the geological concepts
within the Grenville Orogeny province is considered to be an
important province in regard to Archean and Paleozoic Rocks.
Within the Grenville province the rock are commonly known to be
Archean and Aphebian, in addition to rocks of Helikian age that
have shown to effect the Grenville Orogeny. For the most part,
Archean rock types are not only in the Superior Province, but are
also known to occupy the Grenville Province, and other shields of
the world that are characterized as Greenstone Belts. Greenstone
belts are commonly known to have undergone a succession of
volcanics, and sedimentary rocks, which are very common.
In addition to Archean Age, the rocks of Aphebian are considered to
be one of the oldest types of geosynclines which are recognized.
Some of the oldest rock types which are associated with aphebian
age are known to included sequences of quartzite, dolomite, and
limestones, which were deposited elongate troughts at the margin
of the Archean Continents. These rock types are also known to
commonly included high-grade iron deposits, which were mainly
mined in Quebec, Canada. Iron is also known to occur in
sedimentary units called iron formations. Iron formations are also
determined to consist of alternating beds of Red Chert Jasper, and
an iron oxide of either magnetite or hematite.
Pg. 07 Property Description
Page 7
Helikian Rocks are highly known as irregular trends of structures
within the Grenville Province of the shield. These geological
structure formations are mainly considered to be subjects to many
episodes of deformation by forces acting successfully in different
direction. Much of the rocks which occupy the Grenville Provinces
are also known to have also been extremely change by
metamorphism. The whole entire area of this province is also
underlain by granitic gneiss, and only in a few place sedimentary
rocks can be identified. In addition to this, the Grenville Group is
strongly known to comprise of 6,000 m of marble, quartzite, and
gneiss which is one of these sedimentary sequences. For the most
part, these sedimentary rocks are of Helikian, but could also be
older than that. When using a compass in certain areas its known
to go off rapidly by metallic interferences. Even radioactive are
considered to also go off at a rapid rate in certain areas when using
a Geiger for readings. A study was made I 1991, which was done
in order to conclude if the Eldorado area was economical for its
Copper-Lode Potentials. These indications had rather gave off 550
to 799 ppm in gold per ton that was done by a geologist in certain
areas.
For the most part, this area is rather known to be completely on
private property with only very little claims for staking. According to
reports from 1991, it was also stated that 4 contiguous claims could
only be stake around Eldorado, Ontario, Canada. Some of these
tests were being done to the north of the present old mines which
are all situated on private property.
Pg. 08 Property Description
Page 8
Mines that overlook the Richardson Ridge
Mine Name & Start Date Company Name Production and Information
Richardson Metal Base Mine (1886-1868)
Marcus Powell, John Richardson, Lombart, and Hardin. – 1886 to 18
Eldorado Gold Mining Company. – 1886 – Carr and Johnson. To the east of the former Richardson gold mine.
History of Sampling and Production
Only samples were shipped while the ore was stockpiled. Did not achieve production stages. Stockpile still remains. An incline shaft was sunk to a depth of 105 feet which had exposed one lode from 4inches to 6 feet. Branches and Feeders are known to also outcrop on the surface at several different places
. This had also resulted in sinking the Hardin Shaft to a depth of 35 feet which resulted in extending this operation for a distance of 60 feet east, and 40 feet west. Prior to this the mine had went under court battle due to investor issues, but was opened once again on June, 2nd, 1867. Mining was continued for a short time period when operations became suspended due to mismanagement and thefts. Good results were obtained from this work but several miners had stolen the gold as payroll. A total of 300 tonnes was crushed, which returned $4.00 In gold (24 grams a ton). Another 50 tonnes of ore ore was taken from different parts of the mine which average between $9 to $20 per ton. Some of the best assay were also taken from the bottom of the mine.
Pg. 09 Property Description
Page 9
Anglo Saxon Iron Mine (1900)
Anglo Saxon Iron Mining Company -
Production of Iron 10,000 tonnes on separate mine area.
Phoenix Gold Mine (1868 to 1869)
Phoenix Mining Company 5 blasts were done on the Phoenix Property, which exposed 6 feeders, and 1 tonne of stockpile ore that’s still at the entrance of mine area. No ore was processed due to the possibility of financial matters.
Kirkland Gold Mine
Fox Prospect (1867) Gold prospect site operated by Lombart and Hardin.
No Production – Gold Pocket was discovered in this area but was not considered economical at the time. Shaft sunk to a depth of 30 feet roughly. This was also extended by a tunnel that ran for a distance of 10 feet.
Wellington Metal Base Mine (1867)
Wellington Copper Mining Company.
The Wellington Mine had rather higher assays than that found in the Hardin Shaft area. Gold and Copper values were intersected at a distance of 70 feet from the Hardin Shaft. Mine area is commonly located on the west half of Lot 18, within the 5th concession of Madoc Township. Development at the time was mainly done in order to develop and smelt the ore-bodies on 10 acres that occupies the Richardson Ridge. Most of this was done in preparation to marking the ore-bodies that were found. The property is rather situated on the west side of the Richardson Ridge, and is a continuation of a quartz-lead vein that passes over the entire area for a strike length of 800 feet.
Another quartz-lead vein is commonly known to pass through the whole entire Ridge, and maybe a possible continuation of several mies on the Moore Property. These include the Eldorado, Moore Mine, the Royal Canadian, and the Kootaney Mine. These are located to the East of the Richardson Farm, and are on Private Property. At one point in time these mines were commonly owned by the historical Union Mining Company
Pg. 10 Property Description
Page 10
.
Mine Name and Start
Date.
Company names Production and
Information.
Boreland and Willcox Mines
Hardin and Lombart
The Boreland and Willcox
Mines are also situated on
the Fox Property which is at
the back of the Phoenix Gold
Mine. The site is commonly
known to be also on the same
800 ft lens as the Wellington
Mine
Other mines on private
property to the East –
Eldorado, Coe Moore, Royal
Canadian and Kootaney
Mines.
Pg. 11 Property, and Mine Pictures
Page 11
Property, and Mine Pictures
(Hardin Shaft Area -- Underground) (Richardson Mine Shaft)
(Hardin Shaft Area – Underground) (Hardin Shaft Area)
Pg. 12
Page 12
Pg. 13
Page 13
Pg. 14
Page 14
Mineralized Zones of the Richardson VMS Sulphide
Property
New indications at the Richardson VMS Sulphide
Property gives off 200 g/t Au, and 600 g/t platinum per
tonne. The first zone known as the Richardson Ridge
is known to give a possible ore reserve tonnage of
60,000,000 tonnes down to 200 feet, and expands for a
strike length of 3,000 feet, which is 100 feet wide. This
also includes a large scale cobalt deposit that expands
through the ridge in arsenic. A large portion of the
property is underlain by arsenic in large quantities that
make up Co, Ni, and Ag ores. Widths may also be
expanded and contain possible ore reserves to
increase tonnage.
Pg. 15
Page 15
Pg. 16
Page 16
Pg. 17
Page 17
Overburden Zone
The Overburden Zone is also known to contain gold in
soil with a possible indication of another 30,000,000
tonnes, and is similar to the Richardson Ridge Zone.
Upon examination, the soil has a 6-inch depth to
bedrock, which may contain additional ore reserves of
Au, Pl, Pd, Ni, Cu, Co, and Ag mineralization. It has a
strike length of approximately 6,000 feet, and a width
Pg. 18
Page 18
varying from 100 feet to 300 feet down to 200 feet with
possible increase at depth. Possible ore reserves of
Au, Ag, Cu,.Co, Ni, Pl, Pd are at 18,000,000 tonnes.
Pg. 19
Page 19
Pg. 20
Page 20
Farm Land Zone Extension
New indications in the farm land zone is also known to
carry gold in soil, and was once an old channel to the
creek that flows between the Farm Land Zone, and the
Overburden Zone. A new extension to Ridge has a
strike length of approximately 7,000 feet, with a width
of 1,000 feet, and a known depth of 200 feet, which may
also increase at depth.
Pg. 21
Page 21
Pg. 22
Page 22
Pg. 23
Page 23
Pg. 24 Contact Information
Page 24
Contact Information
Alex Omanski
President and CEO
Tel 705-722-4327
Company Information Contact OntarioExplorations101, Ltd.
27 Baker Crs Barrie, ON, Canada
Tel 1-705-722-4327
www.OntarioExplorations101.com
