M. RASH ft CO. LIMITED

010 42A81NE8932 2 .773 TECK w /vi rmo 'SECURITIES COMMISSION OR SIMILAR AUlnuiuii in ANY AND HEREUNDER OFFERED SECURITIES THE OF MERITS THE UPON PAS...
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010

42A81NE8932 2 .773 TECK

w /vi rmo 'SECURITIES COMMISSION OR SIMILAR AUlnuiuii in ANY AND HEREUNDER OFFERED SECURITIES THE OF MERITS THE UPON PASSED OFFENCE. AN IS CONTRARY THE TO ION REPRESENTAT

TECKORA MINES LIMITED Suite 203 * 350 Bay Street * Toronto, Canada

M. RASH ft CO. LIMITED Suite 930 * 159 J^af Street * Toronto, Canada NEW OFFERING:

Underwritten

Under Option

Proceeds to the impany*

Maximum Offering Price per Share to Public

30* S26,250.00 8,000.00 40,000 50* 8,750.00 35,000 60* 6,900.00 23.000 149,900.00 98,000 There is no obligation upon the Underwriter/Optionee to purchase any of the optioned shares and no assurance that it will do so.

175,000

*

SECONDARY OFFERING: 75,000 shares issued for the Teck Township claims (see headings "HISTORY AND BUSINESS" and "PRINCIPAL HOLDERS OF SHARES") will be offered for sale to the public by M. Rash A. Co. Limited. Such offering will only be made providing all of the 175,000 underwritten shares and the 98,000 optioned shares are purchased and paid for. The proceeds from the sale thereof will accrue to the selling shareholder and not to the treasury of the Company. PURPOSE OF OFFERING: The purpose of the offering is to raise funds to implement the exploration program recommended by the Company's Consulting Engineer relating to its Teck Township claims and to provide funds for ordinary operating expenses (see heading "USE OF PROCEEDS"). The Underwriter/Optionee, who is also a Broker-Dealer, will offer the aforesaid shares for sale to the public, itself as principal, or through Registered Brokers or Broker-Dealers who will be acting as agents and be paid commission not exceeding 259k of the selling price of such shares or at the usual brokerage rates established by the Toronto Stock Exchange for mining shares, or will sell such shares to security dealers at a mark up not exceeding l* per share, which security dealers will then offer the said shares to the public as principals. The Underwriter/Optionee may be said to realize a gross profit in an amount equal to the difference between the price paid by it for such shares and the price at which such shares are sold to the public. THE SHARES OF THE COMPANY ARE SPECULATIVE SECURITIES There is no market for the shares of the Company REGISTRAR AND TRANSFER Crown Trust Company 302 Bay Street Toronto, Canada THE DATE OF THIS PROSPECTUS IS 4th OCTOBER, 1971.

•4aAeiNE8933 S .773 T ECK

010C

TABLE OF CONTENTS

Page

History and Business . . . . . . . . . ., . . , . . . . . . . . . .. .. .. . . . . . .. . .. . . .. . . ., ., .. . , .. .

l

Teck Township Claims . , . .. .. .. . . . . . . . . . .. . .. . . . . . . .. .. .... .. . .. .... ., .. . . . . .

l

Use of Proceeds . .. . . . . .. . . . . ., . . . . .. .. . . .. . . . . .. . . . . .. . . .. .. .. .. .. . . .. .. . . .

2

Plan of Distribution . . . . . . . . . .. .. . .. . .. . . .. .. .. .. .. . . . . .. .. .. . . .. . . . . .. .... ..

2

..... . . ........,......... .. ... .,.. ...... .. ..... .... .....,....

3

. . . , . . . . . . . .. .. . . .. . . .. , . . . . . . .. .. . .. . . . . .... .. .. .. . . .... ..

3

Principal Shareholders . .. . . . . . . .. . . . . . . . . . .. .. . . .. .. ... . .. . . .. .. .. .. .. .. .... .

4

Dividends . . . . . . . . . . . . . . . .. . . . . . . . . .. . . . . . , . , . , . . .... .. .. . .. .. .. ... . , ... .,.

4

.... .... .. .. .. .. ., .. .. .. ... .. .. .. .. .

4

.. ... .. .. .............. .... .......................... ....,. ...

5

Remuneration of Directors and Senior Officers .. . . . . . . . .. .. .. .. .. .. .. . . . ....... . ..

5

Promoter . . ., . , . .. . . . . . . .. . . .. .. . . .. . . . . ... . . .. . . . . . . . ... . . ....., .. . ... . ..

6

Interest of Management and others in Material Contracts ,. .. . .. . ... .. . .. .. .,.. .. .. .. .

6

Preliminary Expenses ., . . . . . . . . . . . .. ., ... . . . ... .. . .. .... . . . . ,. .. .. .... .. .. .. .

6

Auditor . . . . .. . . . . . . . . . . . . . . . .. . . . . . . .. .. ... . . . .. .... . . . . .. .. .. . . .. .... .. .

6

Material Contracts . . . . . . ... .. . .. . . .. .. .. .. .. . . . . .. .. . . . . .. ..... ... .. ... . .. ..

6

Auditor's Report . . . . . . .. . . . . . . . . . . . . . . . . . ... .. . . . . . . . . .. ., .. ., .. .. .. .. .... .

l

. . . . . . . . . . . . . . . . . .. . . .. . ... . .. . .. . .. ... . . .. .. . . .. .. .... ......

l

Notes to Balance Sheet . . . .. . . . . .. . . . . . . . . . .. . . .. .. . . .. .. ...... .. . . .. . . .. .... .

8

Capitalization Escrowed Shares

Purchaser's Right of Withdrawal and Rescission Management

Balance Sheet

HISTORY AND BUSINESS was incorporated pursuant to The Teckora Mines Limited (hereinafter called "the Company") on dated 20th August 1971. Its head Business Corporations Act, Ontario, by Articles of Incorporati office is Suite 203, 350 Bay Street, Toronto, Ontario. Company and M. Rash A Co. Limited, By agreement dated as of 30th August, 1971, between the called "Rash") the Company purchased Suite 930, 159 Bay Street, Toronto, Ontario, (hereinafter in Teck Township, Larder Lake Mining from Rash sixteen (16) unpatented mining claims situated ent and issue to Rash of 750,000 fully Division, Province of Ontario. The consideration was the allotm any of which 75,000 are free of escrow paid and non-assessable shares in the capital stock of the Comp fer Agent of the Company subject to and 675,000 are deposited in escrow with the Registrar and Trans tors of the Company and the Ontario release therefrom with the consent of the Board of Direc the benefit of the Company if the claims Securities Commission and subject to being surrendered for mining engineer or geologist. are abandoned upon the recommendation of an independent the cost of the Engineer's Report of The cost to Rash to purchase the claims was S l .600.00 plus than Rash is entitled to a more than 59fc Douglas Burton, P.Eng., referred to below. No person other interest in the vendor consideration. Teck Township Claims are located in Teck Township, Larder The sixteen (16) unpatented mining claims referred to above L 317190 inclusive. Lake Mining Division, Ontario, and are numbered L 317175 to P. Eng., dated 30th August 1971. The The following is a summary of a report of Douglas Burton, of the Ontario Securities Commission. complete report is available for inspection in the public files Township. The claims are readily The property is located in the central west portion of Teck west of Kirkland Lake by travelling a accessible from Highway 66 at Chaput-Hughes, one mile bush road and one and one-half miles to black-topped road one quarter of a mile and a gravel-based ic power is available from Ontario Power another bush road which crosses several of the claims. Electr land Railroad passes within a half mile of lines about one mile east of the property. The Ontario North i Creek which crosses the property. the property and water is available all year from Amikougam ntal as well as vertical, is found in all Only Precambrian rocks are found in this area. Faulting, horizo est preference, and with secondary parts of the area, striking in all directions but with an east-w with overburden. The rocks exposed on north-south faults. More than 907o of the property is covered diorites and gabbro. the claims are chiefly Algoman syenite and porphyry and basic found in association with the gold The rock formations found on the property are similar to those area. A preliminary magnetic survey and occurrences of the producing mines in the Kirkland Lake st, 1971 by Mr. Burton and a number V.L.F. electro-magnetic survey were carried out on the 5th Augu d indicating that geophysical survey of of magnetic and V.L.F. electro-magnetic anomalies are locate be shear and fault zones. the claims is justified to locate conductive anomalies that may numbered L 317175 to L 317185 be Mr. Burton recommends that the block of eleven claims and a sensitive magnetometer. He further examined by means of an electro-magnetic V.L.F. receiver,

mmends approximately 10 miles of line cutting followed by a program of 2,000 feet of diamond ing. The estimated cost of the total program is 519,000.00, of which 53,000.00 is for the line cutting and geological survey, and 516,000.00 is for the diamond drilling, if such is warranted after the interpretation of the geophysical and electromagnetic survey. The Company's property is without a known body of commercial ore and the proposed program is an exploratory search for ore. There is no surface or underground plant or equipment on the claims and no work has been done on them by the present management of the Company. 200 days' assessment work must be recorded for each claim during the next five years before 25th May, 1976. After 3,200 days of assessment work are recorded a renewable lease may be obtained from the Department of Mines covering the claims.

t

USE OF PROCEEDS The net proceeds to be received by the Company from the sale of the underwritten shares is 526,250. There is no assurance that any of the 98,000 shares under option (see heading "PLAN OF DISTRIBUTION") will be purchased. If all such optioned shares are purchased the Company will receive an additional 523,650. The net proceeds will be used to pay the costs of this offering and of the incorporation and organization of the Company, together estimated at a total of approximately 54,500.00 and in implementing the exploration recommendations of Douglas Burton, P. Eng. relating to the Teck Township claims estimated at approximately 519,000.00 if diamond drilling is warranted and carried out. (See heading "HISTORY AND BUSINESS"). Excess moneys will form part of the general working capital of the Company to be used for general administrative and operating expenses While the Company has no plans in this regard at the present time, moneys in its treasury, as available, may also be used to defray costs of programs to acquire, stake, explore and develop other properties either alone or in concert with others and to generally carry out exploration programs as opportunity and finances permit. No moneys will be expended on the acquisition of any new properties or the exploration or development of them without an amendment to this Prospectus being accepted for filing if the securities of the Company are then in the course of primary distribution to the public. PLAN OF DISTRIBUTION By Agreement dated as of 2nd September 1971, between the Company and Rash, a Broker-Dealer, Rash, acting on its own behalf, agreed to purchase the following shares of the Company:

Underwritten Shares Number of Shares Underwritten

Price per Share

Net Amount to be Received by the Company

526,250.00 The purchase price in the amount of 526,250.00 is payable on the date upon which the Ontario Securities Commission accepts for filing this prospectus and which is hereinafter referred to as "the effective date". Rash was also granted the following options to purchase additional shares of the Company: Net Amount be Received to Time from Company the by Effective Date Price per Number of Exercised Option if e Option Exercisabl Share Shares Optioned S8.000.00 3 months 40,000 58,750.00 months 6 35,000 56,900.00 months 9 23,000 175,000

2

42A01NE8932 2 .773 T ECK

PRELIMINARY BtPLOHATION RKPORT ON THE PROPERTY Gf TBCKORA KIKES LIMITED TECK TOWNSHIP, OKTARIO

3UMUII

This preliminary r*p*rt with r** num n di t ion* for t h* firat phas* of exploration en your property i* baaed vpen a poraonal examination of th* pr*p*rij tt at ut, and th* property itsaif, plu* p*r*oaal knowl*dfc of th* ar*a, and alto, tto publioationt of ih* Ontario Dopartaont of NLnot. Tho ixtowi-elaiJi grotip vtakod May 25th, 1971* waa tranaforrod with a 100 p*r oont intoroit to Todcora MLnoo to infonmtion roooirod Liadt*d on Aucust 30, 1971, aooording *

from Hr. Kirk Raah.

A toot with foophyaioal oquipaorii on tho proporty indioatoa that a foophyaioal naadnation bo roooavondod aa an effootiro nwct atop in tho axploration. Tho rook formations outoropping on tho proporty aro favorahlo for gold and baao avtal ooeurronooo. Struotiral and foimtional informtion will bo obtalmd far tj* f* phyaieal xamiaation. Thia aay bo intorprotod to indicato farorablt location* for follow-up drilling.

020

DOUOL.AO BURTON, r.

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OIOPHYHCAL •UHVCVt CO**LT

PRELIMINARY JM.PLURAT10N HKPORT UN THE PROPER-IT OF TBCKORA MINES LIMITED TICK TOWNSHIP, ONTARIO

INTRODUCTION

further to phono oonroroationa with Mr. Mark Rash on July 23rd and 27th, and August 3rd, I visited tho Mining Rooordor and tho Rooidont Geologist at Kirkland Lake on July 28th, and tho Tookora property in Took Township on August 5th. During *y visit to tho proporty, with ono holpor, wo oarriod ovt a aagnotie ourroy and a VUP lootromgnotio surrey on tho north-oouth road wott of and roughly parallol to tho AMikougaxi Crook, a diotanoo of 6500 foot, fro* tho Ooldthorpo road north to tho Crook oroooing* olaijw on tho proporty.

Thio road orooooo oororal

(Soo attaehod nap 71-79)

A nuabor of aagnotio and VII olootroaagnotic aneomlio* aro looatod, indicating that a goophyoioal iurroy of tho proporty is juotifiod to loeato oonduotivo anoaalioo that my bo ohoar and fault tonoB.

In eonJunction with a Magnetic aurroy, otruotural

and fornational oonditiono Mgr bo looatod which oould bo favor able for gold and sulphide deposits.

After a geopfegrsieal surrey

in studied follow-up drilling would bo the next exploration stop.

OMT

DOUOLAO *O*TOM. OtOPHVBICAL *UftV*V* COVALT.

Property Description^ Ownership and Location Sixteen olain* comprise this oontifuoua group of o!*!** numbered 317175 to 317190. Tho aroa i* about 640 acre*. They are located in the central wort portion of Took Township. Tho Mining Recorder'* offioo in Kirkland Lako how* that tho olaiM wore rooordod on Nay 25th, 1971, by Charles Thibodeau (Minor*t License U7690) of Kirkland Lake. The surface topography on tho property ia fairly level. There are Many rook outcrop*. Low*groving brooh makes proopoeting alow and todious, oxoept when tho loavoa are off tho dooiduoua trees and brush, in tho early Summer sad lato Fall. Two hundred days assessment work must so rooordod for each claim during tho noxt fi** years boforo May 2fth, 1974. After 3200 days of assessment work are rooordod a renewable lease may be obtained from tho Department of Minos, for thoae ixtoon elaim*. Por tho first yoar to May 2Jth, 1972, twenty days aasoosmont work must bo rooordod on oaoh claim. It is usmsl for tho Department to permit an extension of tim* up to oao yoar for tho performance and tho recording of this assosemsat work if the application for this extension of tim* is mads within thirty days boforo tho due date and assurojnoo of future performance is giron.

In tho sosond yoar forty day* assoismont

ONT

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DOUOLAO eURTON. f*, tn*. OEOPHYSICAL SUftVtV* COBALT

work must b* i^corded for *aoh claim. Three claim corner* were located, 1-317177, 1-317175, and 2-317175, during th* court* of a one-day examination of tho property and vicinity,

Hr. Mark Rash advieee me that all sixteen claim* were traniferred to Teokora Mine* United on August 30, 1971.

AjBgesslbllity Climate and Legal Resource* The property i* readily aeeoBtible fro* Highway 66 at Chaput-Hufhee, one Mile w**t of Kirkland Lake. A blaek-topped road one quarter mile north to the Kacassa Hine turns into a rough east-west gravol-bmeed bush road that crosses the Aaikougaai Creek on* and one-half mile* from Ghaput-Hugho*. A north-south bush road starting 000 feet w**t of th* Amikougami Creek bridge eroB**s several elain* on the property at a distane* of one-naif mile north. Kleetrio power i* arailabl* from Ontario Hydro power line* about one mile ea*t of th* property. The Ontario Northland railroad from ftoranda to 9w**tika pa**** within a half nil* of th* property to the oevtheatt. Th*r* are seoond growth tree* on the property of sufficient site to be useful for rough building* and for mining purposes. Water i* arailabl* all y*ar from Amikougami Creek which crosses th* property.

ONT

. 5 .

OOUOLA* •UltTON. P. MM*. GEOPHYSICAL SUNVIV* CO**LT,

Th* climate is typical of Northern Ontario, tnowoorer through Decenber to April with temperature* which may be a* cold a* 60* below aero F. for a few day*, utually in February.

The growing seaton it from May to September in-

clutiv* with temperature* to 90* F. for a few day* in July and August. Th* rainfall arerages about 31 inohee per year. History of the Claim* Little factual information about thete olatm* it written up. Old trenehet and rook pit* are found, *om* *xpo*img quart* vein*.

ONT

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DOUOLAO OUftTON. f*, l GEOPHYSICAL CUNVtV* COBALT

QKOLOQ1C

RogionAl Geology AppArentljr structural control it mor* iMportAnt than the rook formations for the development of oro bod!** in thi*

Precambrian rooks only art found in this local Are*. KeewAtin acid And bAsio lavas, And tuff* And iron for*Ation ATO tho oldott rook*. TAOiskAminf MdiBwntt}

trAchyt*, tuff And

oongloBorAt* woro lAid down on tho trosional lurfAeo of tho oldor rooks. All of thoto oldor formtion* hAvo boon violontiy foldod to thAt t hoy a r* now in A aoro or loo* TortioAl Attitude. Thoir strike is nore or lots OAst-wost with lArgo TAriAtions, And they may bo OTorfolded. During AlgoBAn time, lArge VASMS of syenite, grmaito, diorite And gabbro And rolAted rook* iitrudod All of tho oldor rook*.

CArbonat* tones developed during thi* period bf replAee-

wmt of the existing rook* by eilieoou* OArbooAte MAteriAl.

The

cArbonatlsAtion prooees is believed to bo relAtod to too oro de position in soae plAoe*. Faulting, horiiontAl A* well A* vertioAl, it found in all parts of the area, striking in All directions, but with on ea*t~we*t preference, and, with eecondary north-south fAult*. These fAult* hAT* ao*t of their orement acre recently th*n

ONT

OOUOLA* •UWtON. f. OJM*V

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GEOPHYSICAL SUMVCVS COBALT

Algonan time.

Ho* ever, they nay hay* originally developed

before or during t h* enplacc&ent of the Algoman intrusive*, and in tule oast they Bay indicate BOOM of carbonatization and channelway* for or* solution*. Geology

On t h* *ixt*en claim* comprising t ha Taekora group t ha rooks axpotad ara ohiafly Algoaan ayanita and porphyry, and basic dioritaa and fabbro.

Tha oldar Kaawatin lava* alvo

outcrop. Theca foraationa ara about ona adla north of the generally east-west Mala Kirkland Lake fault eyste* vhiea paeeee through the seven producing sdnes of the eaap. The Algoaaa intrusive* in the south part of the elal* group are similar to those in the gold producing part of the Kirkland Lake caiap.

The assooiation of basic rook* and older

lavas May be the loci for base setal deposit*. Many old tranonee, *oav* expoeing quart* vein*, are found on t hi* property. One old drill hole Baking water i* directed north under an eact-wect crock deproeaion on claim 317114. Xo inforvatloa about the result* of t hi* drilling i* available. The AmlkougaatiL fault *yat** i* a north-south depre**ion that could have a significant effect on mineral depocition. Ob viously the major movement of thi* fault cyctem l* more recent

ONT

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DOUGLAS mumron. p. GEOPHYSICAL CO**LT

ONT

tnan the Al^oiwn time of trm intrusions of syenite, porphyry, diorite and gabbro and gold and other mineral deposition.

But

this fault system may be along an older line of weakness that could affeet mineral deposition. By modern concepts of mining exploration these claJje* are praotloally unexplored. Only rook outcrops were examined. Hore than 9Q5S of the property is covered with overburden. The depressions between the outcrops should be prospected by geo physical methods as the first step in the exploration of this property. Formations and Structure The gold ore bodies have a closer relationship to structure than to rock types.

In other verde a structural con

dition such as faulting, fracturing, shearing and brecciation is considered to be a nore favorable location for carbonatization and gold veins than any particular rock type. Favorable host rocks such as syenite and syenite prophyry were early considered to be the place to explore. Hew we know that ore conditions may develop In any rock type, with the exception of formations developed since Algoman time.

Ooid Vein* Gold deposits are found In fissure and quarts veins, quarts stockwork deposits, in carbonate sones, quarts-sulphide

- 9 -

DOUOLA* atUMTON. r GEOPHYSICAL SUKVtV* COCALT

OKT

deposits in lavas and tuffs, sulphide deposits and in talechlorite schists and in mineralised dikes. Quarts is tho principal gangue mineral.

Secondary Minerals are sericite,

carbonates, chlorite and pyrite. It appears that gold was the last to be deposited. It is found native in the vein minerals, and fractures, and with pyrite.

It occurs in the tellurides, in calaverite (AuTOg)

and petaite (AgAu) jTe, Silver is also found. Other Minerals ars chalcopyrite, hematite, galena, sphalerite, molybdenite, graphite, and the telluride* altaite (PbTe) coloradoite (HgTe) and melonite (Ni2T*-j).

Economic Considsrationi We hope for gold veins and ba*e metal deposits. On this property the formations are similar to those found in association with the gold occurrences ia the producing mines. Base metal deposits are found associated with tho rook typo* found on this property. Favorable structural condition* tppoar to so tho allimportant factors, with faulting, shsaring, schisting and brooeiation, as tho controlling oonditions. A geological examination of tho rooks onteroppimj MB this property will be helpful iA evaluating tho geophysical con duct iv^ and magnetic anomalies that will bo found on this propoity, Follow-up drilling will then determine tho oonomie value of the anomalous COWM.

- 10 -

DOUOLAS BUftTON. f*. OIOPHYtlCAL CUMVtV* COBALT. OMT

THE MAP

On* sap accompanies this report, designated 71-79 and dated August, 1971.

It is traced from the Ontario Department

of Mines claim Map, scale one inch equals 1320 feet. This asp shows the boundaries of the numbered lining elaivs with relation to the mile posts on the west boundary of Teck Township, and the nearby creek* and lakes, and the access roads, and the railroad. On the olaiM shown on this aap, the picket linos proposed for the positioning of the geophysical survey observa tions are laid out. This is somewhat acre than ton Miles of picket line, including the base- and the tie-lines.

s M

O

5

r

S

7)

•n

m o

r REN TWP.

-pw P.

\

r T"

-n-

auftTOM. p. GEOPHYSICAL CO*ALT. OUT

CONCLU31UKS AMD RlCUMMENDATIOy

Tho sixteen-elaia croup la Just one alio north of tho Main Kirkland Lake fault system ea vhioh tho seven foldproducing sines aro looatod. On tho property tho fenactions aro similar and if ttruotural oonditiona aro alto favorablo it it bolioTod that gold voino mj bo found. Baoo wtal dopoaita aro also possible in tho formations on this proportj, Tho AaJLkoufaad Crook crossing this proporty is sif nifioantly in a straight lias in a aoro or loss north-sovth direction. This is intorprotod to iadioato a fault system which is likely of rooont origin (siase Algoo*n tiae), but it should not bo overlooked as it may follow a acre ancient line of weakness and faulting and aoToaont. Old tronehos hare exposed quarts reins. Ono drill hole is found.

The Resident Geologist has no reeord of tho

results of this drilling. Froa the reconnaissance geophysical examination it is apparent that there will bo aagnetio and sloot re asgnotis anoaalios trased on this property. Both of those astaods systoaatioally applied, and tho results plotted, asy show up iaportant struotural soaditioas related to gold and sulphide deposits. It is rooosBMBdod that the bleok of eleven elaias nuabered 317175 to 317185 be exaainod by asans of aa aagnetio VI7 rooeiTor, and a ssnsitiTO aagnoteaoter.

y DOUOUIS •uftTO*. f. m**.

- 12 -

OtOPHYtlCAL CO** UT

It is also reooasjsndod that a grid of nerth-oouth linos, 400 foot apart, be laid out and out oa those eleven alaiao, with picket* established every 100 feet, aarked with tao design ation fro* a ooaaon origin, in order to position tho geophysieal observations.

This is aoro than ton ailes of picket lino.

The line cutting oost will bo aoro than MOO aad tao geophysieal survey roport will bo about 11600.

Aa estiaate of

the oost of this phase of tho exploration is 13000. It is expected that geophysieal anoaaliss will bo traoed on this property, and they aay bo interpreted to indioato ttructural oondltions which should bo tested by drilling.

Therefore,

allowance should also bo aade for a ainlaua of 9000 foot of oere* drilling.

The eoot of drilling oa this property will bo about

|6. per foot, aade up of 15. POT foot for drilling, aad another 13. per foot for supervision, logging aad aaoaying.

Tho total

cost for this drilling phase of tho exploration it eotismted to be about llo,OOP.

Line cutting and isophysical survey -'l 3*000. 116.000. "- - - - drilliat ^- 119*000.

lotiawtod total ooot

Aa appropriation of 119*000. should bo aado to oarry out tho first phase of tho exploration on this property. This roport is,

Ooophysioiot Cobalt, Ontario , 1*71

*MT

42A81NE8932 2 .773 T ECK

REPORT ox THE VU AID *AOH1TIC OKOPKiaXCAL SURTOT3

oil Tin PROPERTY or ttCKORA MIMES LDCT1D TICK TOUttHIP, ONTARIO

Dwiaf * pr^LUinary oxM&afttion of tfco of Tookort Mtao* U*lt*d la Took Townotip, t flf foopto|foio*l *urrojf VM rooordod *t p*"* tfiotaaooi for 6500 foot ilex* a windlaf north-ooaih ro*d aloaj tho oMt *Ut of tho preporty. This import with to* |ooptar*io*l profllo ohowo ttoo of tho foophytieal ovrngro *n4 oloovoooo thooo roouito. Boood on this iafonomtioa laLUr ttunrojrt oro roto toot thi* proport/ aiont oertb-oouth piokot llaoo, In ordor to loottto ooadwtitro oonoa whioh Mgr ladlooto wLaontio or ohotrinf or broooUtion la forwttloat f*t*r*bl* for toli ralphldo dopooitlon.

030

' V-

— 2 ~

DouauA* ouftTON. p. s**. GEOPHYSICAL SUMVCVS CO*AUT. OMT

SUPPLEMENTARY REPORT OH THK RBCOMNAISSANCI AND MAONKTIC OSomSlCAL SURVEYS ON THE PROPERTY Or TBCKORA MINES LIMITED T8CK TOWNSHIP, ONTARIO

INTHOPUCnOM

Thi* report xtppl*a*nt* my report of August, 1971. It illurtrttoc and dlMUMO* t h* roaultt of too fit and Mfnetic foopnytie*! Mrvoy* rooordod durlag a ono-4*y *xaainatloa, Aufust, 1971, of tho property of Tookor* MLnos Liwlted In Took Township, Ont*rio. Tho resulto were recorded on ft winding nerth-oowth road parallel to and west of AfltkoufSJd Greek, along the east side of the property. The traverse was paeed along this read, and the geophysical reeults were recorded at 50-foot intervsls for the BJtfnetio survey, and at 100-foot intervals for the VLF oKSJdnation, In ny prelininary exploration report dated August, 1971, the property description is given, sod the geology is described. The Mhp 71-79 shews the property of Teekora NLnee United and the road along which thii geophysical svsMnatim wae nad*.

It should be noted that this geophysical traverse

oroMos tho actual property between 3000 feet and eOOO feet north of tho Ooldthorpe toad.

- 3 -

DOUOLA* BIOPHYSICAL tUMVtYB COMIT. ONT

o

w aoaoiiroaoata Mi M ft fUidO t* iadioatO

aiaoralofioal aad foolofioal ooaditioaa ci dopth, in aa u*ft oMl4*nd to b* f*ologio*llj faTorAbl* for tb* do^MiUmi of oro Mlmrolo. Ooop^tioikl rootdtt Mwi bo prop*ro4 wMI ofyod in ueh A way that th*y MJ bo tranolatod lato foologioal ton* aad poooibiUtioo la ordor to bo of aooiotaaoo la tfco oxfOorotloa aad too tootlac *^ * alalag proportj.

SOM foolofloal kaculodio anot bo avaiiablo la ordor to dorlvo tbo aatl ami boaoflt from a goopajraloal oaaaiaatloa. Tho Oooptariioal HKbodi Doofl Tvo foopa/oloal aataoda aro wood ter thia oaaalaatioa. Tho Voi7 Lw fronaoaoy (flf ) aothod* aad* pOMlbio bf tho dotolapaaal of tao Saaka lalo rooolTtr, lo mood to Looato aoaoa of rolativoljr hifhor ooadaotlTit/, waaUy oaaiood *y ahoariat, faaltlat, ohiatlaf , fraoturiai or broooiatioa aad ooadvotiv* aiOyaidoa la tao aodrook. Aoourato rooordiafo of tho vortioal ooayoaoat of tho oarth'a aacnotio flold at tho turfM* whoa mltablj plottod win ladloato tho rolatito diatrttutioa of tho aafaotio alaarala la tho tiadorljrinf bodrook.

- 4 -

oouflLA* BURTON, f. GEOPHYSICAL. BUMVEYS COBALT. OUT

Tb* VI/ Ifcthod and Prooadur* for Th* VIT Trananittara Vary Low fraquaiMgr (Vi/) tranaaittara (X) to 25 kHa) ar* located all or*r th* world. To*** tranaaittara originate Mor** Cod* and pula*d oontiimou* vat* carrier*. Their particular application i* for world-wide ooaannlaation with auhnarlnM wadar oonduotiT* **auat*r.

VUf radiation ha* *on*id*raal* poaotration

into th* aarth. Th* radiation i* rortieally polariaad and propafat** radially in atralf fat linaa aonaantriaaUjr fro* t b* tranavlttar. Th* radiation i* eharattarisad by lov path attanuation whiah ia r*lativ*ly *tabl* with tt**. Chaag** ia th* u*ual propagation pattatn of VLF radiation ar* introdtioad by auoh faotora aa laad-aaa boundari**,, topographic aurfao* *l*vation diff*ron*** ( and ohanf** in th* (round oharaotoriatia*. Oood eonduotor* in th* aarth, weh a* *ulphid*a and (raphit* aonoa v an4 thaara and fault* of aoa* oonaid*rabl* diaanaion, will bar* a toadonay to oonoantrata and locally diatort VU radiation* Artificial aondtiotor* aitah aa pipa lin**, fan***, clootrio lino* and railroad track* distort thoaa fiald*. VLP trana*la*ion* ar* *oat ctroncly conaontratod bjr alactricalljr oaduotiT* aonaa with a atrik* or lonfitvdiaal dianaion alone tha radial path of propagation fra* aaah trana*ittar. Whoro th* *trik* of th* oondiMtiv* aonaa ia not known it ia adviaaaia to record tho roawlta from two VLT tranaadttor* whooo aaiavth diroation

. 5 -

DOUQUta BURTON, l*. IN*. OEOPHYCICAU •UNVKV* COBALT. OUT

fro* tha araa of aarray la about 90* apart.

In thla aaaa tha

radiation fro* tha traaaaittara at Balboa, C. Z., and Jia Crook, Waahington wara uaod.

Thair aaiavth diraetian ia about IiO* and

2*5 *, roapoatiTaly.

Tha Vi? ftaa*lw Tha Roaka EKL6 roaaivar for Wf radiation haa two diraational antaima at right aaglaa. lj aaana of aarphonaa and null diraetioa raoaptian tha atimth to tha tranaaittinf atatioa ia 4atarwiaa4f and ala*, tha dip of tha fiald at right anglaa to thia diraatian, and tha phaaa diffaranaa, fro* point to paint in tha araa to ba taatad. Two traiuadtting atatiam aaj ba uaad for datanaiaing thaaa paraaatara. Raadlaf a ara uauaUy takan at 100 foot iatanrala along praflla liaaa aroaaing tha ganaral gaologiaal atrika af tha araa axaainod.

Conduativa aonaa ara indiaatod b/ anoaalona dipa of

tha fiald In tha riotixitj, with a wtlaal oriontatioa alrootly orar a oooduotiTa aona. Whoa tha dipa ara raaordad and plaao4 oa a aap, tha oonduetiYa aonaa amy ba traaad and tha dip of tha aonduetiva aa/ ba indiaatad alao. For aondvativo aonaa parallal to tha profila linaa a aaraful aacaainatioa of tha roamlta li aoeaaaary to datandna tha loaation of tha axia.

Tha aagnatio raoordiaga ara aada by aaana of aa acourata mgnotia Tartiaal anajnaaat Mro-balanaa adjuatod to a onaitivity

w DOUOLAO BURTON, r. K*M GEOPHYSICAL SUHVCVC COBALT.

ONT

of ton ga*B*as por eoale division. The Magnetic oonponent it any point OB tho surface vlll usually diffor from tho average value for tho roflon. Aneomloue intensities are eauaod b/ nagnetio adnerale below. Tho Magnetic susceptibility of rook* lo gonorolly aooomatod for b/ tho contained Barnet it o altboufh other Mjnotio 'adnorolo sMh ae pyrrhotite my contribute to tho obeerrod intonaltj. Thie Method is used for the direct location of Mfnetie •inerele eueh aa iron foraatione.

Magnetic eurreye Bay aeeiet In

foologloal aapping. Tho plotted resulta, when eoaparod with the known geological oonditione, frequently field inforaatiea for tho eolation of foologioal probleeM, eepeaialljr whore the bodrook It ooTored b/ orerbtirden.

Mafnotlo anoMallee are often found aaoooiatod

with fonaational eontaota and struetural features. Dlkoe aa4 fault* sjajr bo looated and traeod.

The depth to the upper Mfnetio polo my

be eetimted under favorable eonditioae where large tabular •afnotie deposite ooowr. Zones of stronger nmfnetie intonaltj Indieato sone out rations of •agaetlte and pyrrhotite.

These ainerels often aeBoeyamr valvablo

non-nagnetic nineral ooneentration*. On the other hand a lower netie Intensity nay signify important oonee of alteration whore nagnetito is ehangod to non-amgnotio minerals.

Ri

li

oououta BURTON, p.

- 7 -

GEOPHYSICAL SUHVtYS COBALT. OUT

VU AND mCHOTIC QSOmSlQAI. PHQFIUE

Tha VLF and tha natnatie profilaa aoaonpanjlBf thia aupplaawntarr raport to ay "Pralininarjr teploration Bapart' datad Aftjuat, 1971, ara ahown on Profila 71-79, datad Oatatar, 1971. Thia prafila ia drawn an a ainaar aaala af ana iaah aqnala 890 faat (aaala ratio 113000).

It ia a narth-aavth prafUa

to ha vi awad faoiai waat with tha north and to tha ri***. Tha VI/ raaulta ara plottad with tha dip af tha radiation fiald aoalad ona inah aquala 20 dag^aaa* and tha phaaa quadratura aoalad ona inch aqoala 10 pareant. Par aaajr idantifiaatian aad ooapariaon thaaa paraaatara ara aolorad on tha profilaa}

rod far

tha dip, and bloa for tha qvadratwra phaaa aurvva. Tha VI/ traiuMdttara at Jia Craak and ialaoa, with Miwth diraationa of about 2t5* aad 1*0-, raapaativaljr, vara wad far raoording tha dip and tha phaaa diffaranaa fra* pain* to paint. Tha raaulta fro* aaeh atatian ara ahown aa aaparata profilaa. Tha raadinf intarrala ia 100 faat. Tha VLP anaamliaa ara iadiaatad 07 qaartar inah airalaa eolorad in rod. Tha nacnatia raaulta ara plottad to a aaala of aaw inah aqvala 1000 faaama. Tha raadin* intarval ia 50 faat. Thia prafila ia aolorad fraan, A mini ir af aaanaloua nagnatta tanaii ara fannd.

3 H J. d O -30IS ±3Wa 3 H J9NIMOHS

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RESULTS A LO H tf

NORTH-SOUTH BUSH ROAD (QUA PROPERTY WEST OF

TO ACCOKIP^HY

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IPROFILE.

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-4-

Dououta BURTON, p OtOPHYSICAL CUMVtY* CMM.T. OMT

AKP Th* VLF and th* aajnatle Mioaallof roeordod oa tait 6 500- foot prof11* ladleato that eoaduotiv* and aafnotla varlatieiui occur la th* uaterlylac atdraak. C^nduetlYlty ohaafM imil*At. th* po.*ikllitj * lag, •ohlvtlat* fraeturlag, faulliaf *' •eadMtiv* aiamnal* TBM* my •ft*" utriMtural ooaditldaa suitabl* f*r t*ld tfapttltitn, and la tht tvitabl* rook tjrpM baat a*tal dapotlta. Jfcfactia taaafM ladloat* varlatlOM la th* dlrtrlWtioa •f tit* amfnttl* alaaral* b*X*w. Mafnvtle aaoaallM ar* *ft*a a**o lat*d vltk fvraatlaaal *onUoti and •itnMtuml f*atur**. Ih^pMtl* aiittrals oft*a a **oapan/ valwaU* mm a*fa*tlo •outantratlta. ef

•haraotarUtloa of th* turtorlylaf oodrook, tt la pooaiblo to oortala aaonalloa with oao •athod vhlah aro not ooaflraod oy aaothor •athod. At aay rat*, t h* coopayoloal rottlta oanplaiod dwtaf th* preliminary axaKLaatloa of th* preportjr iaiiaat* that VU and aatiMtli •urr*y* aay b* *ff**tiT*l7 *aod to traoo anaaalloa o* th* proporty of Toakora NLaoa Ualtad. It la roaoaawadod Uat a alalUr typo of toophraloal •urroy b* ooaplotod oa aorta-aovth plokot limn tala property, la th* •aaatiao, tala roport ia,

Cobalt, Ontario Oototor 5th, 1971

040

42A01NE6932 2.773 TECK UUBAUT.

ONT

REPORT ON THE VLF AND THE MAGNETIC GEOPHYSICAL SURVEYS ON THE PROPERTY OF TECKORA MINES LIMITED TECK TOWNSHIP, ONTARIO

DIGEST The geophysical VLF and magnetic surveys completed in November and December, 1971, has recorded several anomalous con ditions that are interpreted as east-west conductive fractured or mineralized zones with some north-south cross-faulting evident.

Geological considerations encourage the hope of

finding gold or base metals in these zones. A north-south anomaly is recorded at the Amikougami Creek on the property.

Where east-west and north-south anomalous

zones intersect may be a favorable loci for economic concentrations of minerals.

A northerly-southerly fault zone is indicated between

O and W0800.

Six exploratory drill holes are recommended to test these zones for economic minerals.

DOUGLAS BURTON, P, ENG GEOPHYSICAL SURVEYS COBALT.

REPORT ON THE VLF AND THE MAGNETIC GEOPHYSICAL SURVEYS ON THE PROPERTY OF TECKORA MINES LIMITED TECK TOWNSHIP, ONTARIO

INTRODUCTION After an inspection of the Teck Township property it was obvious that the property has some mineralogical and geological possibilities for ore deposition, and that a geo physical survey was the next step in the exploration. Accordingly, Mr. T. D. Brown of North Cobalt con tracted to cut the lines to guide the geophysical examinations. He did an excellent job of line cutting;

the lines were well

cut out, and the marking pickets were conspicuous and firmly planted in the ground.

He turned in a map dated December 2nd,

1971 showing the picket lines and other information regarding the topography and the mining claims. The geophysical surveys were carried out during November and December, 1971.

The topography is fairly level.

The timber is all

second-growth poplar, birch and pine with the usual dense growth of low-growing brush. The weather during the line-cutting and the geophysical surveys was usual for this time of year;

mostly snow and rain.

ONT

DOUGLAS BURTON. P. ENG

- 2 -

GEOPHYSICAL SURVEYS COBALT.

In this report there is some repetition of back ground information from my reports "Preliminary Exploration Report on the Property of Teckora Mines Limited, Teck Township, Ontario, August, 1971" and also my "Supplementary Report on the Reconnaissance VLF and Magnetic Geophysical Surveys on the Property of Teckora Mines limited, Teck Township, Ontario, October, 1971'*.

This repetition is necessary so that this

report is complete in itself without reference to some other report not immediately available. Property Description, Area and Topography Sixteen cla.in[g comprise this contiguous group of claims numbered ^17175 to 317190.

The area is about 640 acres.

They are located in the west central portion of jjsfo Township. The Mining Recorder's office in Kirkland Lake shows that the claims were recorded by Charles Thibodeau, Miner 1 s Licence K17690, on May 25th, 1971.

These claims were trans

ferred to Teckora^M^Te^IjyiELigdjtf^Aueust 30th, 1971* under Miner's Licence T452. For the first year to Mav 25th. 1972. twenty davs assessment work must be recorded on each claim.

Two hundred

days assessment work must be recorded on each claim during the next five years before May 25th, 1976 in order to obtain a re newable lease on these claims. The topograph is fairly level with many rock outcrops.

ONT

- 3 -

DOUGLAS BURTON. P. ENO GEOPHYSICAL SURVEYS COBALT.

ONT

Second growth poplar, birch and pine grow on this property with thick low-growing brush. Ac9essibilityj Local Resources and Climate The property is readily accessible from Highway 66 at Chaput-Hughes, one mile west of Kirkland Lake.

A black-

topped road one quarter mile to the northwest to the Macassa Mine turns into a rough east-west gravel-based bush road that crosses the Amikougami Creek one and one-half miles from Chaput-Hughes.

A north-south bush road starting 800 feet west

of the Amikougami Creek bridge crossed several claims on the property at a distance of one-half mile north.

Access for

drilling equipment will be relatively easy after some minor road preparation.

Small swamp areas will have to be by-passed.

The Ontario Northland Railroad from Noranda to Swastika passes within a half mile of the property to the southeast.

The

road crossing on this railroad was dug out and a barrier located so that trucks could not cross.

Small vehicles may cross the

track with difficulty. Electric power is available from Ontario Hydro lines about one mile east of the property. Water is available all year from Amikougami Creek which crosses the property. The climate is typical of Northern Ontario with snow cover through December to April, with temperatures that may be as cold as minus 60 0F. for a few days, usually in February.

- 4 -

DOUGLAS BURTON. P. ENG GEOPHYSICAL SURVEYS COBALT,

The growing season is from May to September inclusive, with temperatures to 90 0F. for a few days in July and August. rainfall averages about 31 inches per year.

The

ONT

~ 5 -

DOUGLAS BURTON, P. EMO GEOPHYSICAL SURVEYS COBALT,

ONT

THE GEOLOGY Geophysical Correlation with the Geology Geophysical measurements act as a guide to indicate geological conductive conditions at depth, in an area considered to be geologically favorable for the deposition of ore minerals. Geophysical results must be prepared and mapped in such a way that they may be translated into geological terms and poss ibilities in order to be of assistance in the exploration and the testing of a mining property. Some geological knowledge must be available in order to derive the maximum benefit from a geophysical examination. Governmental Maps and Reports There are many geological reports on the Kirkland Lake area.

The most recent and comprehensive governmental reports and

maps are "Fifty-seventh Annual Report, Ontario Department of Mines, Volume LVII, Part 5, 1948", and, Ontario Department of Mines Mineral Resources Circular No, 3, "Mineral Resources and Mining Properties in the Kirkland Lake-Larder Lake Area" by W. S. Savage. Regional Geology Apparently structural control is more important than the rock formations for the development of ore bodies in this area. Precambrian rocks only are found in this local area.

- 6 -

DOUGLAS BURTON. P. ENG GEOPHYSICAL SURVEYS COBALT, ONT

Keewatin acid and basic lavas, and tuffs and iron formation are the oldest rocks.

Temiskaming sediments;

trachyte, tuff and conglom

erate were laid down on the erosional surface of the older rocks. All of these older formations have been violently folded so that they are now in a more or less vertical attitude.

Their

strike is more or less east-west with large variations, and they may be overfolded. During Algoman time, large masses of syenite, granite, diorite and gabbro and related rocks intruded all of the older rocks, Carbonate ..zones developed during this period by replacement of the existing rocks by siliceous carbonate material.

The carbonatization

process is believed to be related to the ore deposition in some places. Faulting, horizontal as well as vertical is found in all parts of the area, striking in all directions, but with an eastwest preference, and, with secondary north-south faults.

These

faults have most of their movement more recently than Algoman time.

However, they may have originally developed before or

during the emplacement of the Algoman intrusives, and in this case they may indicate zones of carbonatization and channelways for ore solutions. Local Geology On the sixteen claims comprising the Teckora group the rocks exposed are chiefly Algoman syenite and porphyry, and basic

- 7 -

DOUGLAS BURTON. P! ENG GEOPHYSICAL SURVEYS COBALT.

diorites and gabbro.

ONT

The older Keewatin lavas also outcrop.

These formations are about one mile north of the generally east-west Main Kirkland Lake fault system which passes through the seven producing mines of the camp. The Algoman intrusives in the south part of the claim group are similar to those in the gold-producing part of the Kirkland Lake camp.

The association of basic rocks and older

lavas may be the loci for base metal deposits. Many old trenches, some exposing quartz veins, are found on this property. One old drill hole making water is directed north under an east-west creek depression on claim 317182.

No information

about the results of this drilling is available. The Amikougami Creek fault system is a north-south depression that could have a significant effect on mineral depos ition.

Obviously the major movement of this fault system is more

recent than the Algoman time of the intrusions of syenite, porphyry, diorite and gabbro and gold and other mineral deposition.

But this

fault system may be along an older line of weakness that could favor mineral deposition. By modern concepts of mining exploration these claims are practically unexplored.

Only rock outcrops were examined.

More than 90^ of the property is covered with overburden.

The

depressions between the outcrops should be prospected by geo physical methods as the first step in the exploration of this property.

- 8 -

DOUGLAS BURTON. P. ENG GEOPHYSICAL SURVEYS COBALT. ONT

Formations and Structure

The gold ore bodies have a closer relationship to structure than to rock types.

In other words, a structural

condition such as faulting, fracturing, shearing and breccia tion is considered to be a more favorable location for carbon atization and gold veins than any particular rock type. Favorable host rocks such as syenite and syenite porphyry were early considered to be the place to explore. Now we know that ore conditions may develop in any rock type, with the exception of formations developed since Algoman time. Gold Veins Gold deposits are found in fissure and quartz veins, quartz stock work deposits, in carbonate zones, quartz-sulphide deposits in lavas and tuffs, sulphide deposits and in talcchlorite schists, and in mineralized dikes. Quartz is the principal gangue mineral.

Secondary minerals are sericite,

carbonates, chlorite and pyrite. It appears that gold was the last to be deposited. It is found native in the vein minerals, and fractures, and with pyrite.

It occurs in the tellurides, calaverite (AuTe2) and

petzite (AgAu)2Te.

Silver is also found.

Other minerals are

chalcopyrite, hematite, galena, sphalerite, molybdenite, graphite, and the tellurides altaite (PbTe) coloradoite (HgTe) and melonite (Ni2Te3 ).

. 9 -

DOUGLAS BURTON, P. ENG GEOPHYSICAL SURVEYS COBALT. ONT

Economic Geological Considerations We hope for gold veins and base metal deposits.

On

this property the formations are similar to those found in assoc iation with the gold occurrences in the nearby producing mines. Base metal deposits are found associated with the rock types found on this property. Favorable structural conditions appear to be the allimportant factors, with faulting, shearing, schisting and breccia tion as the controlling conditions. A geological examination of the rocks outcropping on this property will be helpful in evaluating the geophysical con ductive and magnetic anomalies that are found on this property. Follow-up drilling will then determine the economic value of the anomalous zones.

- 10 -

DOUGLAS BURTON. P. ENG GEOPHYSICAL SURVEYS COBALT.

ONT

THE GEOPHYSICAL SURVEYS The Geophysical Methods Used Two geophysical methods are used for this examination. The Very Low Frequency (VLF) method, made possible by the development of the Ronka EML6 receiver, is used to locate zones of relatively higher conductivity, usually caused by shearing, faulting, schisting, fracturing or brecciation and conductive sulphides in the bedrock. Accurate recordings of the intensity of the earth's magnetic field at the surface when suitably plotted will in dicate the relative distribution of the magnetic minerals in the underlying bedrock. A comparison of the results of the two methods may assist in the interpretation of the geophysical data into geo logical possibilities for mineral concentration. The VLF Method and Procedure for Geophysical Prospecting The VLF Transmitters Very Low Frequency (VLF) transmitters (15 to 25 kHz) are located all over the world.

These transmitters originate

Morse Code and pulsed continuous wave carriers.

Their particular

application is for world-wide communication with submarines under conductive seawater. into the earth.

VLF radiation has considerable penetration

-

11 -

DOUGLAS BURTON. P. ENO GEOPHYSICAL SURVEYS COBALT.

The radiation is vertically polarized and propagates radially in straight lines concentrically from the transmitter, The radiation is characterized by low path attenuation which is relatively stable with time. Changes in the usual propagation pattern of VLF radia tion are introduced by such factors as land-sea boundaries, topo graphic surface elevation differences, and changes in the ground characteristics.

Good conductors in the earth, such as sulphides

and graphite zones, and shears and faults of some considerable dimension, will have a tendency to concentrate and locally dis tort VLF radiation.

Artificial conductors such as pipe lines,

fences, electric lines and railroad tracks distort these fields, VLF transmissions are most strongly concentrated by electrically conductive zones with a strike or longitudinal dimension along the radial path of propagation from each trans mitter.

Where the strike of the conductive zones is not known

it is advisable to record the results from two VLF transmitters whose azimuth direction from the area of survey is about 90* apart.

In this case the radiation from the transmitters at

Balboa, C. Z,, and Jim Creek, Washington were used.

~

Their......

azimuth direction is about 180 C and 285 0 , respectively, The VLF Receiver The Ronka EM16 receiver for VLF radiation has two directional antenna at right angles.

By means of earphones and

ONT

- 12 -

DOUGLAS BURTON. P. ENG GEOPHYSICAL SURVEYS COBALT.

ONT

null direction reception the azimuth to the transmitting station is determined, and also, the dip of the field at right angles to this direction, and the phase difference, from point to point in the area to be tested.

These parameters may be determined from

two transmitting stations, with the Ronka receiver. Readings are usually taken at 100 foot intervals along profile lines crossing the general geological strike of the area examined.

Conductive 2Dnes are indicated by anomalous dips of

the field in the vicinity, with a vertical orientation directly over a conductive zone. When the dips are recorded and placed on a map, the conductive zones may be traced and the dip of these zones may be indicated also.

For conductive zones parallel to the

profile lines a careful examination of the results is necessary to determine the location of the axis. The Magnetic Survey The magnetic recordings are made by means of an accurate Sharpe MF-1 flux-gate magnetometer adjusted to a sensitivity of twenty gammas per scale division. The magnetic component at any point on the surface will usually differ from the average value for the region. intensities are caused by magnetic minerals below.

Anomalous

The magnetic

susceptibility of rocks is generally accounted for by the contained magnetite although other magnetic minerals such as pyrrhotite may contribute to the observed intensity.

DOUGLAS BURTON, P. ENG

- 13 -

GEOPHYSICAL SURVEYS COBALT.

ONT

This method is used for the direct location of magnetic mineral such as iron formations. geological mapping.

Magnetic surveys may assist in

The plotted results, when compared with the

known geological conditions, frequently yield "information for the solution of geological problems, especially where the bedrock is covered by overburden.

Magnetic anomalies are often found associated

with formational contacts and structural features. may be located and traced.

Dikes and faults

The depth to the upper magnetic pole may

be estimated under favorable conditions where large tabular magnetic deposits occur. Zones of stronger magnetic intensity indicate concentrations of magnetite and pyrrhotite.

These minerals often accompany valuable

non-magnetic mineral concentrations.

On the other hand a lower

magnetic intensity may signify important zones of alteration where magnetite is changed to non-magnetic minerals.

- 14 -

DOUGLAS BURTON, P. ENG GEOPHYSICAL SURVEYS COBALT.

THE RESULTS OF THE GEOPHYSICAL SURVEYS The Maps (numbered 71-79-1, -2 and -3) Accompanying this report are three maps drawn on a scale of one inch equals 250 feet (scale ratio. 1:3000).

These

maps show the results of the VLF survey field work (Jim Creek and Balboa), and the magnetic survey. On all of these maps the picketed and taped northsouth lines are shown with their related east-west base- and tie-lines.

These are traced from a map dated December 2nd,

1971 by T. D. Brown who carried out the line-cutting contract. The Amikougami Creek is shown.

The Mining Claims are also

numbered on these maps. A Location Jfep, traced from the Township Claim Map, scale one inch equals 1320 feet, shows the sixteen contiguous mining claims.

It is shown in a box in a corner of the larger

map. The geophysical anomalies are shown on each of these maps, and also the drill locations chosen for further examination and testing. The dip of the VLF field together with a quadrature phase difference is plotted as a percentage using the picketed survey lines as a zero base.

These are distinctively colored

in red and blue for identification and correlation.

ONT.

- 15 -

DOUGLAS BURTON. P. ENG GEOPHYSICAL SURVEYS COBALT.

ONT

The relative magnetic field intensity is shown in gammas at 50 foot intervals on the picketed profile lines. Lines of equal intensity are shown.

Areas with intensities

more than 8500 gammas are shaded with blue color, and areas with a magnetic intensity less than 7800 gammas are colored red. The Results of the VLF Surveys (Maps 71-79-1 and -2) 10.5 miles of profile were examined by means of VLF observations at 100 foot intervals.

At each observation point

the VLF parameters from the radiation from the Jim Creek trans mitter to the west in the State of Washington were recorded. At the same time, VLF readings from the radiation from the Balboa VLF transmitter to the south in the Panama Canal Zone were taken. Two east-west zones of VLF anomalies indicating con ducting conditions are traced on the western portion of the property.

These zones should be tested for economic concentra

tions of minerals. In the vicinity of Amikougami Creek a north-south zone of conductivity is indicated by VLF anomalies.

This zone should

be tested by drilling. Maps numbered 71-79-1 and -2 show the results of the VLF field work, and also the location for the drilling recommended to test the zones located.

DOUGLAS BURTON. P. ENG

- 16 -

GEOPHYSICAL SURVEYS COBALT.

The Results of the Magnetic Survey (Map 71-79-3) The earth's magnetic field is measured at 50 foot intervals on the lines on the property.

The magnetic intensity

varies from a low of 52,125 gammas, to a high of 63,870 gammas, with an average intensity of about 58,000 gammas. The magnetic variations do not appear to be related to the VLF anomalies, but they de show evidence of north-south fault ing and movement. 10.5 miles of profile line are examined by means of a magnetic survey. Drilling Recommendations A number of geophysical anomalies indicating conductive zones should be tested for economic concentrations of gold or base metals. The locations chosen for testing by drilling are listed here and on the accompanying maps more or less in the order of priority. Coordinates of drill sites

Dip of hole

Length of hole in feet

Azimuth of hole

l/

N0750 E0800

-450

420

45*

2/

N1450

E0400

-45 e

420

0*

3/

N1200

W1600

-45 c

420

330*

k/

N1500

W2000

-45*

420

150 0

5/

SO 5 50

W2COO

-45 c

420

180"

6/

S1025

W0400

-45 c

330 2430

0*

ONT

- l? -

DOUGLAS BURTON. P. ENO. GEOPHYSICAL SURVEYS COBALT. ONT

The Department of Mines has approved their Exploration Assistance rebate of one-third on a |19,000. expenditure.

This

money rebate will pay for some additional drilling. Therefore, if the exploratory drilling on this propertygives satisfactory evidence of e conomic concentrations of minerals, then the whole program of 2^30 feet of drilling should be carried out as tabulated above.

- 18 -

DOUGLAS BURTON. P. ENG GEOPHYSICAL SURVEYS COBALT.

CONCLUSIONS AND RECOMMENDATIONS The property is well located with respect to geo logical and structural conditions favorable for mineral con centrations, and the geophysical surveys show anomalous con ditions that are interpreted to indicate sheared and mineral ized zones. It is recommended that these zones be tested for economic deposits of minerals, gold and base metals, by drilling. On the accompanying maps the sections recommended to be tested by drilling are shown.

About 2000 feet of drilling should

test the zones geophysically indicated.

Further drill holes to

check the results obtained may be laid out by reference to the anomalous zones indicated on the maps. After the drilling is completed a decision may be made about further exploratory work on this prpperty. In the meantime, this report is, Respectfully s

i, v Douglas Burton, P Geophysicist

Cobalt, Ontario December 30th,1971

ONT

Teokora Mines Limited

T.452

ASSESSMENT WORK DETAILS and MaSnetio Geophysical Surve:

Type o^fcrvey |;

A separate form is required for each type of sui

Teck Tovmship

Township or Area

T.D.Brown

Chief Line Cutter or Contractor

List numerically

Name

North Cobalt, Ont. Address

Douglas Burton,

Party rhipf

317175 .1.7.6.

Address

Douglas Burton, Box 295, Cobalt,

RECEIVED

Name

Box 293, Cobalt, Ont. Consultant.

300

42A81NE8932 2 .773 TECK

177

—— Name

178

Address

Geological field mapping by.

m Name

180

RECEIVES-

Address

COVERING DATES Line Cutting ttng TIP Mag Field

188

November 26 to December 1. 1971 Deo, IS - 16 Dec* 3-10

•PROJECTSSECTION

18S 184.

Dec. 15th -50. 1971

185

INSTRUMENT DATA

Mag Sharpe MF-1 flux-gate magnetometer Make, Model and TypPVIf RQ"^ EM16 receiver——-...--——-—. Mag 20 gammas per scale division degrr-es dip and phase percent or Constant Scale Or provide copy of instrument data from Manufacturer's brochure. Radiometric Background Count

Number of Stations Within Claim Group F Number of Readings Within Claim Group

VIF 560 MaS 569 VIF 1120 n

Number of Miles of Line cut Within Claim Group

10 * 5 miles

Number of Samples Collected Within Claim Group

TOTAL CLAIMS_i! CREDITS REQUESTED Geological Survey Geophysical Survey Geochemical Survey HATF.

Includes (Line cutting)

Send in Duplicate to: FRED W. MATTHEWS SUPERVISOR-PROJECTS SECTION DEPARTMENT OF MINES Se NORTHERN AFFAIRS WHITNEY BLOCK QUEEN'S PARK TORONTO, ONTARIO

Performance and coverage credits do not apply to airborne survey*

SUBMISSION OF GEOLOGICAL, GEOPHYSICAL AND GEOCHEMICAL SURVEYS AS ASSESSMENT WORK

. .

In order to simplify the filing of geological, geochemical and ground geophysical surveys for assessment work, the Minister has approved the following procedure under Section 84 (8a) of the Ontario Mining Act. This special provision does not apply to airborne geophysical surveys. . . , If, in the opinion of the Minister, a ground geophysical survey meets the requirements prescribed for such a survey, including: (a) , (b) ' (c)' (d)

*

f

t * ' ' '

substantial and systematic coverage of each claim line spacing not exceeding 400 foot intervals stations not exceeding 100 foot intervals or the average number of readings per claim not less than 40 readings

it will qualify for a credit of 40 assessment work days for each claim so covered. It will not be necessary for the applicant to furnish any data or breakdown concerning the persons employed in the survey except for the names and addresses of those in charge of the various phases (linecutting contractor, etc.). It .will be assumed that the required number of man days were spent in producing the survey to qualify for the specified credit. . . . ' ' -- , - ; ' V **"- : Each additional ground geophysical survey using the same grid system-and otherwise meeting these requirements will qualify for an assessment work credit of 20 days. A geological survey using the same grid system, and meeting the requirements for submission of geological surveys for maximum credits will qualify for an assessment work credit of 20 days. If line cutting has not previously been reported with any other survey and is reported in conjunction with the geological survey a credit of 40 days per claim will be allowed for the survey. Similarly, a geochemical survey using the same grid system with the average number of collected samples per claim being not less than 40 samples, and meeting the requirements for the submission of geochemical surveys for maximum credits, will qualify for an assessment work credit of 20 days. If line cutting has not previously been reported with any other survey and is reported in conjunction with the geochemical survey a credit of 40 days per claim will be allowed for the survey. Cjredits for partial coverage or for surveys not meeting requirements for ful| credit will be granted on a pro-rata basis. If the credits are reduced for any reason, a fifteen day Notice of Intent will be issued. During this period, the applicant may apply to the Mining Commissioner for relief if his claims are jeopardized for lack of work or, if he wishes, may file with the Department, normal assessment work breakdowns listing the names of the employees and the dates of work. The survey would then be re-assessed to determine if higher credits may be allowed under the provisions of subsections 8 and 9 of section 84 of the Mining Act. If new breakdowns are not submitted, the Performance and Coverage credits are confirmed to the Mining Recorder at the end of the fifteen days.

705 567-30]O O N l A R . O

RECEIVED

Hi PAfUMENl [H MINES ANLJNnRIHMi;,;,! 17,i -- -, . ..-. i-' .•••.

FEB281972

' ' . ...

PROJtCTS SLCTION

Vied W . Matthews, Supervisor, Projects Section, Ontario Department of Mines, Whitney Block, I'arliamcnl Buildings, Toionio.

Dale of RiHordini; of Work

"'• : -

Box 9P4 ,

...-,, f-'-

Kirklano Lake, Ontario. February 24th, 1972.

\ r "'4 '-ffi

: '.v.;--

rii

-i..CNOTiFlCATION OF R ECORDING OJ^^SESSNIEN'T \VORK CREDJ \ S

February 23rd, 1972 Tockora Mines Limited,

Recorded Holder

Box 293, Cobalt, Ontario. (address) Teck

Township oi Area

Type ol Suivev and nuinhci ol Assessment l)a\s Cri'dits pci claim (iF.OPHVSiCAI. Anl.orne; ]

(.round ;~.J

V

. , . . . . . . . . . . . . days

ei

i ic . . . . . . . . . . . . . days

Claims

20 days work on rrdninu claims L 317175 to L 317184 incl. 24 days work on mining claim L 317185 Oato of Recording Hay 25/71

Radioinelric . . . . . . . . . . . . . . . . days . . . . . . . . . .

. . . , . . . . . . . . . . . days

(JKOI.OC.ICAI,, . . . . . . . . . . , . . . .da\s (.KOCIII.MICAI. . . . . . . . . . . . . . .da\s SKCI'IOX SI (1!|

. . . . . . . . . . . . . davs

XOIICl. K) RECORDED HOLDER j

X

reports .md maps in Sin \ e\ duplicate must bc submitted lo the 1'rojci is Section, Toionio within (it! days horn the date o! recording of lilts work, R eports ,md maps .tie heini; loi warded to hojccis Section \s'ith this leitei.

P. Loaee

Mining Rl-oiuin;

:.c. Teckora miias Limited, c/o Douglas Burton, .Box 293,,^ ; ; . ^ -, *.

-

.

-V

m

705 567-3010

T: -i .

RECEIVED

A f- 1 . PS

nf-PARlMCNI m MINER AND NOHTHt

FEB281972

Box 984,

iv ED

,

PHOJI CTG StCTION

Fred W. M;iithews. Supervisor, Projects Section, Ontario Department oi Mines, Whitney Block, Parliament Building, Toronto.

Date ol Recording ut' Work

Kirkland Lake, Ontario. February 24th, 1972.

' ^-Crigj^icATioN OF RECORDING 91.ASSESSM ENJ wo RK c REI^TS^ February 23rd, 1972

Teckora Mines Limited, .. . .. . .. . . . .. ........ ,,. ,,. . . ... . .. . .... .. . . Box 293, Cob a lt, Ontario.

Reeordcd Holder

(atidiTss) Teck

Township or Area

Type ol Survey and number o! Assessment Days Ciredils per elaini

tIF.orilVSltlAl, Airborne: : y

(Jnumd i . . . . . days

Klei iroma-neiic . . . . . . . . , . , , , da\'s

j

Miniuj- Claims

20 days work-on mining claims L 317175 to.L 317184 incl. 24 cays x^ork on irdninq claim L 317185 Dato of Recording May 25/71

RadioMieti ii . . . . . . . . . . . . . . . . days . . . , . . . . . .

. . . . . . . . . . . . . . . days

(iKOI/X.ICAl, . . . , . . . . . , . , . , . . da\s ClI.OClll.MlCAI. . . . . . . . . . . . . . ..Us SKCTION S! i II) . . . . . . . . . . . . . d..ys

XOTK.l, TO RKCORD1.D HOl.DKR . J

t ,f

repoits .md maps in Surve\ duplicate musi be sultmiited to the I'rojei ts Seelion. Toronto within (i() da\ s Iron) the dale ' l reeordins' ol ihis work. R eports and maps ale beinjj lorwaided lo Pr.ijeeis Seelion will) ihis leltei.

P. Locf.ee

MiniiigRl'i order.

e.e, ToQkora Minas, Limited, c/o Douglas Burton, ' T'-

-

Bernhardt

THE TOWNSHIP OF

Twp.

TECK

y

-R.O.I

Winnie

2/696

S.R.O

DISTRICT OF TIMISKAMING

\ 2699 212476

'/2f2477 s RO( (P) V L A

1899 I0384Z

5338 \ Young L

l 212471

00

LARDER LAKE MINING DIVISION

l L

SCALE' 1-INCH *20 CHAINS

LEGEND PATENTED LAND CROWN L AhJD SALE LEASES LOCATED L/XND LICENSE 0 F OCCUPATION MINING RIGIHTS ONLY SURFACE RI GHTS ONLY ROADS IMPROVED 17 n Ant

5M 266403

i 266402

l

J

i SKD.

47187

l

, L.

c l 2855

47I881P

l

"

S.RD. M i L \

Area shown thus'^Tx

— — — —H" ~ *

222\6/ V ,--19857 \

317188

' 317187

. 317186

•,

2691

'irkiand. oke

3019 504ISRO

,\S.RO

339132

Q.

25^94 7 \ 3395 /73

19858

(P}

\

J SR.O.

9 i oJe

PI

\HSII98??

Mining Claims L. 2723 8. 1535 Shown thus ww-t Withdrawn from Stoking under Sec 39 (b) of the Mining Act FjU'f J7398

LAKE

M

"o3

disposal

KIRKLAND

91 07

\ 339572

H

Slime

"C. 70B L (p 83

P

s R.O. l

for

Mining Rights for Claim L. 5779 Subject to Sec. 36 of the Mining Act

91856 \23253

L.

C.

400* surface rights reservation along the shores of all lakes and rivers.

s. R.o. CP

1298 l 339129

*

NOTES

319503 ...^....^"" 319504 L.

-*———— /'*^\7 W, -^.

17022

\2857 ,6935

1 2983

-M—i— M ^Q^zr

^14897

2322

S. R O. 25592

14898,,, V

VJ1

Loc. L.O. M.R.O. S.R.O.

KING'S HIG HWAYS RAILWAYS POWER LIN ES MARSH OR MUSKEG MINES CANCELLED

^Connell Lake -

® C.S.

19859

p SJR.O,

M—

19862

C O)

1342 297944 S\ 2 9 17943

; 339588

404 ^l.. ea bi In

6 23440 2 4 407

i

! 16 6 3 3

J 2 344JI r

^.J

-^ i

l

ll t 403 U O

M. II l

Rea. PL. \ 2757 "l Zn7ut

2679

1525

L

276

X

PL. M.J

l l-.

®n P)^.\

L.®\ Perron

RES.

H.R. 788

1C

317655 24284

l

I2l936 ^

R.L. \

5926 s'f- ^ V

505 ,

L.

R. L. 499

6187

1

339684

/177II H. R

(4 2.7 *\ 'ff L.

(P)

3470

l L.

(P) l L.

16785

*

1 16546

L 3 4 09

(P

SRO

339612

H.S 1167 \ 5 6 8 9

4342

C-

l

H

R

1414

R.S.C.273

R.S.C. 274 \ i 931 l

s. R.SIS0

6 680

l

4869

L

L.

4O2I8 7

v^

l L

S. R. O

7*54 '.

DATE Of ISSUE

MAR -11972

24029

OUT. OEM. W MMCS AND NORTHERH Aff AIRS^

R.S.C. 209 12522 R S C- 2 l 16292-8464

M R (P)

SRO

3I74TC

16252

PLAN NO.-M. 392

Otto Twp.

42A91KE8932 2 .773 T ECK

ONTARIO DEPARTMENT OF MINES AND NORTHERN AFFAIRS

SECTION TO BE TESTED BY DRILLING N4-000

V/UF" FOR CLOSE To

V

THE

-\

N

F E.ET"

1500 UE.

K ^Ti O

l Z 3000

TECK TWP.

MflP THE VUP RONKA EM^I^ RECEIVER RESU THE GEOPHYSICAL. SURVEVS ON THE PROPERTY OF TECKORA MINES LIMITED TECK TOWNSHIP ONTARIO

JIM CREEK

VLF KLK/NP6 18*6kHz-

AZIMUTH ABOUT 42A01NE8932 2 .773 T ECK

aio

\ 71-79

SECTION T O BE TESTED

BY DRILLING

VL.F FOR.

^

NORTH-SOUTH V E RT lC ^ U

to s e -ro TH e

s"

i A *—- *

P\CK'E"T BY

LINES "T-D.BRO^Jrs

TRACED

FROM

DE-- 2, .

TECK TWP.

SWOWJN^S THE VUF R ON KA EM-16 RECEIVER RESULTS THE GEOPHYSICAL. SURVEYS ON THE PROPERTY OF TECKORA MINES LIMITED TECK TOWNSHIP ONTARIO TO

A C^OHfAH

L.BOA VLF NBA 24-0 kHz, IMUTH ABOUT" 42A81NE8932 2 .773 T ECK

220

I6O*

l 71-79

SECTION TO BE TESTED

-/\0 M

X' n l? J* fi A

1*

It

fW\ PTO V ^ f?

e***zr~KSt

PICKET LINES BY T-D.

TRACED DEC-

TCCK TWP.

.^TENSITY

C ONTOURS

MAP SWOWINC5 THE MAGNETIC RESULTS OF THE GEOPHYSICAL SURVEYS

ON THE PROPERTY OF TECKORA MINES LIMITED TECK TOWNSHIP ONTARIO TO

A CCD M f* A M

REPORT

Bf

l 71-79-3 1 42A01NE8932 2 .773 T ECK

230