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Andrew J. Gracie Consulting Geoscientist i
A TECHNICAL REPORT ON
THE KEY LAKE SOUTHWEST PROPERTY OF
MAJESTA RESOURCES INC. ATHABASCA URANIUM DISTRICT
SASKATCHEWAN
FOR
HODGINS AUCTIONEERS INC.
BY
Andrew J. Gracie, Ph.D., P.Geo. Consulting Geoscientist
November 27, 2014 La Ronge, Saskatchewan
Andrew J. Gracie Consulting Geoscientist ii
Andrew J. Gracie Consulting Geoscientist iii
TABLE OF CONTENTS CERTIFICATE AND CONSENT ITEM 1: SUMMARY…………………………………………………………………..1 ITEM 2: INTRODUCTION……………………………………………………………3 ITEM 3: RELIANCE ON OTHER EXPERTS ………………………………………3 ITEM 4: PROPERTY DESCRIPTION AND LOCATION …………………………3 ITEM 5: ACCESSIBILITY, CLIMATE, LOCAL RESOURCES,
INFRASTRUCTURE, PHYSIOGRAPHY ………………………………..7 ITEM 6: HISTORY…………………………………………………………………….8 ITEM 7: GEOLOGICAL SETTING AND MINERALIZATION …………………….8 ITEM 8: DEPOSIT TYPES …………………………………………………………13 ITEM 9: EXPLORATION…………………………………………………………... 14 ITEM 10: DRILLING ………………………………………………………………….24 ITEM 11: SAMPLE PREPARATION, ANALYSES AND SECURITY ……………25 ITEM 12: DATA VERIFICATION ……………………………………………………25 ITEM 13: MINERAL PROCESSING AND METALLURGICAL TESTING ………25 ITEM 14: MINERAL RESOURCE ESTIMATES …………………………………. 25 ITEM 15: MINERAL RESERVE ESTIMATES……………………………………. 25 ITEM 16: MINING METHODS…………………………………...…………………. 25 ITEM 17: RECOVERY METHODS……………………………………………...…. 25 ITEM 18: PROJECT INFRASTRUCTURE………………………………………... 25 ITEM 19: MARKET STUDIES AND CONTRACTS………………………………. 25 ITEM 20: ENVIRONMENTAL STUDIES, PERMITTING AND SOCIAL OR
COMMUNITY IMPACT…………………………………………………... 25 ITEM 21: CAPITAL AND OPERATING COSTS……………………….…………. 26 ITEM 22: ECONOMIC ANALYSIS…………………………………………………. 26 ITEM 23: ADJACENT PROPERTIES……………………………..……………. 26 ITEM 24: OTHER RELEVANT DATA AND INFORMATION……………………. 26 ITEM 25: INTERPRETATION AND CONCLUSIONS……………………………. 27 ITEM 26: RECOMMENDATIONS…………………………………………………. 28 ITEM 27: REFERENCES…………………………………………………………… 30 APPENDIX 1 ………………………………………………………………………… 33
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LIST OF ILLUSTRATIONS
Figure 1 General Property Location ……………………………………………. 5
Figure 2 Claim Location …………………………………………………………. 6
Figure 3 Regional Geology Athabasca Basin …………………………………. 10
Figure 4a Local Geology …………………………………………………………. 11
Figure 4b Property Geology with Drill holes ……………………………………. 12
Figure 5 Geological Setting of Unconformity – associated U deposits ……… 13
Figure 6 Examples of Unconformity Associated Uranium Deposits ..……… 14
Figure 7 2008 & 2009 Geochemical sample highest results …………………16
Figure 8 2010 Tempest EM, Magnetic Survey, Condor Target Zones..…….. 17 Figure 9 2011 VTEM, Magnetic and Target Zones ………………………. 18
Figure 10 2013 Sandstone Boulder ICP Results, with Condor VTEM Target Zones, Thick Lake area……………………………………………. 21
Figure 11 2013 & 2014 Lake Water Radon determinations, with Condor VTEM Target Zones, Thick Lake area …………………………………… 22
Figure 12 2014 VTEM, Magnetic Survey and Structural Lineaments, (S-112322, Thick Lake area) …………………………………………………….. 23
Figure 13 KLSW 2014 Anomaly Areas A1-A6, with elevated radon in water sites, drill holes and conductive trends. …………………………… 24
Figure 14 Priority Target Zones for modelling and drill target definition in the Thick Lake area……………………………………………………. 29
LIST OF TABLES
Table 1 Mineral Claim Details ………………………………………………… 4
Table 2a Relevant Airborne Ground Assessment Files …………………… 33
Table 2b Relevant Ground Assessment Files ……………………………….. 34
Table 3 Phase 1, Budget …………………………………………………. 28
Table 4 Phase 2: Budget ……………………………………………….. 28
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ITEM 1: SUMMARY
Majesta Resources Inc’s. (Majesta) Key Lake Southwest (KLSW) Property is
located southeast of Cree Lake and 15 to 45 km southwest of the active Key Lake
mill and the mined out Dielmann and Gaertner open pits. The property consists of 9
claims which cover 39,125 ha. The claim boundaries changed in 2010-2011. Claim
S-110893 lapsed and S-112322 was staked in the Thick Lake area.
The property covers the contact between the Mudjatik and Wollaston Domains.
This zone of ductile deformation hosts uranium mines to the northeast, and is an
important part of the property.
Majesta collected 180 lake water and lake sediment samples during a 2008
program and 699 soil samples during summer 2009. Best results were a maximum
of 14.3 pCi/L radon in water samples, 54 ppm U and 27.6 pCi/L radium from lake
sediment. In the soil sampling program best results obtained were a maximum of
95.5 pCi/L radium and 40 ppm U.
Kirrin Resources Inc. (Kirrin) (KYM-TSX) completed two airborne magnetic and
electromagnetic surveys, with relevant interpretation and a prospecting program in
2010-2011. The 2010 interpretation of a 1076 kilometres Fugro Geoscience
TEMPESTTM airborne EM and magnetometer survey data identified 78.2 kilometres
of conductive trends. Processing of the data by Condor Consulting Inc. (Condor)
interpreted 19 target anomalies with 4 areas demonstrating a wide response due to
a surficial or flat-lying source.
The 2011 interpretation of the 1615 km of Geotech Ltd. (Geotech) VTEMTM
airborne survey data by Jagodits of Savaria Geophysical Inc. identified a marked
change in magnetic patterns between the property’s western and eastern sections,
correlating to the Mudjatik and Wollaston domain rocks. A northeast striking, linear
magnetic high trend forms the western boundary of the Wollaston Domain.
Conductance in 35 segments ranged from <5 to>25 siemens. A high priority rating
was given to 37% of the conductors. Radiometric prospecting traverses along four
of the VTEM conductive trends failed to identify any significant anomalies.
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A 2013 Majesta boulder sampling program on the Thick Lake area collected 191
composite sandstone samples. SRC Geoanalytical Laboratory ICP analysis and
clay alteration percentage calculations obtained results of up to 11.4 ppm As, 22
ppm Li, 2.0 ppm Mo, 34 ppm Th and 4.4 ppm U. Sixty-four radon determinations of
lake water samples were also collected. 24.48 pCi/L at the northeast end of Thick
Lake was the highest value obtained.
April 2014, Majesta reported results of radon determinations on 264 lake-bottom
water samples. Several clusters of readings over two times background were
identified. Radon values reached 48.2 pCi/L. Grid line-cutting with total field
magnetic and limited HLEM surveys were conducted on parts of the Thick Lake
claim as well. May, 2014 Majesta ran radon determinations on a 211 sample
helicopter assisted lake bottom water sampling program. Several areas with greater
than twice background were identified associated with the 2010 airborne VTEM
target zones.
June, 2014 Geotech flew a 254 line kilometres of VTEMTM airborne survey over the
Thick Lake area of the KLSW property. Condor interpreted the data which identified
108 deep source point anomalies and 41 wide source anomalies, which were
grouped into 11 Target Zones. Each anomaly in every Condor target zone is rated
as to their significance using geological and geochemical sampling results from the
Thick Lake area.
The property is underlain by Aphebian metasediments lying on Archean felsic
gneisses. Athabasca Group sandstone’s edge is very close. The assumption that
sandstone once covered the property is reasonable. The unconformity uranium
deposit or basement hosted uranium mineralization models should apply.
Basement hosted uranium mineralization is known at Millennium mine, (to 200m
below the unconformity) and at Denison Mines Corp’s recent Gryphon zone
discovery (to 250m below the unconformity) on the Wheeler River Property.
Millennium is north-north-east and Gryphon is north-east of KLSW Property. The
Athabasca Basin produced 15.4% of the world’s primary production of uranium in
2012.
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An exploration program is recommended that will drill test the highest priority target
zone anomalies identified in the 2014 VTEM survey. Six of the eleven target zones
are located near the anomalous radon in lake water and altered sandstone
boulders. Anomalies in each of this target zones requires drill testing to determine
the VTEM anomaly for uranium mineralization. Maxwell modelling of these targets
will be performed to obtain the most favourable location, dip, azimuth and depth of
the drill target.
Continuation of the ground evaluation by prospecting, boulder, lake-bottom water
and sediment sampling along the remainder of the VTEM target zones is
recommended. Drill testing of any new targets is contingent on positive results.
ITEM 2: INTRODUCTION
This report on the KLSW property was commissioned by Grant Hodgins of
Hodgins Auctioneers Inc. The report is based on a study by the writer on
information obtained from the Appendix 1 Saskatchewan Assessment Record
files, the Saskatchewan Geological Atlas, and the papers listed in ITEM 27 of this
report. A property visit was made 19th November 2014 by truck from La Ronge.
The report’s purpose is to assess the potential of finding economic deposits of
uranium on the claims and to make recommendations for further exploration. The
report may be used to obtain financing to fund further exploration.
ITEM 3: RELIANCE ON OTHER EXPERTS
Not applicable
ITEM 4: PROPERTY DESCRIPTION AND LOCATION
The KLSW property covers 39,125 ha, 230 km north-north-west of La Ronge,
Saskatchewan on parts of NTS 74G-01, 74B-16 and 74H-04, and 24 km southwest
of the active Key Lake mill. Centre of the property is approximately at UTM
Coordinate 424000mE 6327000mN. (NAD83; Zone 13N), as shown on Figures 1
and 2. Individual claim details are listed in Table 1.
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March 2014, Hodgins Auctioneers Inc. (Hodgins) (Press Release March 6 2014)
announced they signed an option agreement to obtain a 25% undivided interest in
Majesta’s, 39,125 ha KLSW property.
Hodgins announced August 8, 2014, that a wholly owned subsidiary 1839579
Alberta Ltd. (1839579) had earned a 25% undivided interest from Majesta in the
KLSW property, and has an option to acquire an additional 65% interest by
conducting exploration work, issuing shares of the corporation and making cash
payments on or before December 31, 2015. Hodgins (1839579) financed Majesta’s
2014 exploration work under this agreement. Majesta will act as operator until
Hodgins (1839579) has earned its interest. No environmental liabilities are known.
June 2014 Saskatchewan Environment issued exploration drilling permits which will
remain in good standing until December 31, 2015.
Table 1: List of Mineral Claim Details, Key Lake Southwest Property (Figure 2).
Claim Number
Location Hectares Yearly Assessment
Stake Date N.T.S. Map Sheet
S-110101 Huston Lake 4001 $ 48,012. April 25, 2007 74G-01
S-110715 South Wheeler River
3495 $ 41,940. April 25, 2007 74G-01
S-110716 Laverdiere Creek
5395 $ 64,776. April 25, 2007 74G-0-1&74H-04
S-110717 Seager Lake 5186 $ 62,232. April 25, 2007 74G-01 S-110891 Dunsmore L 4326 $ 51,912. May 25, 2007 74G-01 S-110892 Seager Lake 4655 $ 55,860. May 25, 2007 74G-01 S-110894 Laszchuk Lake 5545 $ 66,540. May 25, 2007 74G-01 & 74B-16 S-111627 Lasky Lake 2334 $ 28,008. Sept 27, 2010 74B-16 S-112322 Thick Lake 4185 $ 50,100. Sept 09, 2011 74B-16
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Figure 1 General Property Location.
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UTM: NAD 83, Zone 13N
Figure 2: Majesta Mineral Claims, Key Lake Southwest Property
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ITEM 5: ACCESSIBILITY, CLIMATE, LOCAL RESOURCES,
INFRASTRUCTURE, PHYSIOGRAPHY
The general area is accessible by truck on all weather gravel highway 914 which
connects with highway 165, passes close to the eastern side of the property, and
cuts the southeast corner of S-112322. Thick and Seager Lakes on the
property’s eastern boundary, are trail accessible. Helicopter, float or ski equipped
aircraft available in La Ronge, give access to the property.
The climate is sub artic with temperatures ranging from –500 C in mid winter to +300
C in summer. Spring breakup is typically April through May and freeze up late
October through November. Snow and rainfall is usually moderate. Prospecting,
boulder sampling and soil sampling are limited to the June-September period.
Ground geophysics and diamond drilling are more often carried out in the winter
season by using winter roads, frozen swamps and lake ice.
The Town of La Ronge, located about 230 km to the southeast of the property, is
the closest major service and government centre in northern Saskatchewan. The
Ministries of Environment and the Economy have offices in town where permits
may be obtained. Assessment work records, technical reports, mineralized core
and rock libraries may also be consulted. La Ronge also hosts a number of hotels,
grocery stores, snow machine dealerships, lumberyards, hardware stores, service
stations, transport companies and other businesses. Several exploration
contractors also offer their services. No local infrastructure exists on the property
The property is in the Churchill River Upland Ecoregion. The topography of the
Ecoregion is typical of Precambrian Shield with much of the bedrock topography
masked by glacial drift. A mixture of hummocky kame and kettle glaciofluvial plain
and drumlinoid moraine predominates. On sandy areas, like outwash plains and
eskers, a closed jack pine forest with a uniform under story is found. The ground
vegetation is a dense carpet of lichens mixed with mosses, low shrubs and herbs.
Because of the extensive Quaternary cover, bedrock composition must often be
inferred from abundant glacial boulders, geophysical information and drill holes.
(Acton, Padbury and Stushnoff, 1998).
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ITEM 6: HISTORY Assessment reports were examined and those relevant to the present study
prioritized and presented in Appendix 1. No significant results were found in this
search. The area saw two phases of exploration by numerous companies in the
1970’s and 1980’s related to the discovery of the Rabbit and Key Lake ore
bodies. Discovery of the Key Lake orebody demonstrated the unconformity
uranium deposit model. Previous drill holes on or very close to the property are
listed here (Figure 4b)
ITEM 7: GEOLOGICAL SETTING AND MINERALIZATION
The Athabasca Group Basin covers approximately 100,000 square kilometres in
northern Saskatchewan northeastern Alberta. This area produces 15.4% of the
world’s primary uranium in 2012. The basin is made up primarily of
unmetamorphosed sandstones, which were deposited on older metamorphosed
Precambrian basement rocks. The break between the basement rocks and the
overlying sandstones is called the "unconformity". Very high grade deposits like
Dielmann and Gaertner with up to 35% U3O8 and 20% Ni over 2 vertical metres,
were discovered at the unconformity. Mineable ore also extends into basement
rocks below the unconformity approximately 150 metres at the Millennium deposit
with a 2012 measured and indicated resource of 68.2 million pounds uranium
grading 4.1% U3O8. Denison Mines Corp. has found basement hosted uranium
mineralization at 200 m below the unconformity in their Gryphon Zone on the
Wheeler River project, approximately 4 km northwest of the Phoenix deposit.
Depth to the unconformity ranges from a few metres at the basins rim to 1500
metres at its centre. The Eagle Point mine and the Patterson Lake South discovery
were found outside but close to the margin of the Athabasca sandstones. Eagle
Point produced 4.1 million pounds U3O8 in 2013. Mineralization at Patterson Lake
South extends to approximately 350 metres below the bedrock surface.
The Key Lake Southwest property is close to the present Athabasca Group margin.
Regolith, which is alteration of upper metamorphosed basement rocks at the
unconformity, is present on the property. This suggests that the glacial erosion of
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basement rocks below the unconformity was not deep and that unconformity
related uranium mineralization in the area could have been preserved. No
significant uranium mineralization has been found to date on the property.
The property is in the south-eastern Athabasca basin and covers the transition
zone from Mudjatik Domain, mostly Archean granite, to Wollaston Domain where
graphitic bearing metasediments predominate. Folded keels of metasediments
occur in the Mudjatik lie on top of the granite. Metasediments dominate in the
Wollaston where Archean granite is present as domes within the metasediments.
The faulted Mudjatik – Wollaston Domain transition zone extends from Wollaston
Lake to Key Lake Southwest and contains five uranium mines
Minor uranium occurrences have been found on the property. Southeast of
Round Lake uranium staining and values from 0.01-0.1% U3O8 in boulders was
described. Rock types were pegmatitic granite gneiss and some graphite. At
Thick Lake, in the middle of the northwest shore a calc-silicate outcrop assayed
0.016% U3O8. A Davies Creek a calc-silicate gneiss outcrop in the southeast part
of S-112322, gave values of 0.029% to 22.0% U3O8. Two boulders of gneiss and
pegmatite gave values of 0.32% and 0.034% U3O8, respectively.
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Figure 3 Regional Geology Athabasca Basin
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Figure 4a Local Geology
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Figure 4b: Property Geology with Drill Holes
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ITEM 8: DEPOSIT TYPES
Unconformity-associated uranium deposits are pods, veins, and semi-massive
replacements consisting of mainly uraninite close to basal unconformities, in
particular those between Proterozoic conglomeratic sandstone basins and
metamorphosed basement rocks.
The basement gneiss was intensely weathered and deeply eroded with variably
preserved thickness of reddened, clay-altered, hematitic regolith grading down
through a green chloritic zone into fresh rock. The basement rocks typically
comprise highly metamorphosed granitoids and metasedimentary gneisses
including graphitic metapelite that hosts many of the uranium deposits.
Mines comprise various proportions of two ore categories. Monometallic,
generally basement-hosted uraninite fills veins, breccia fillings and replacements
in fault zones. Polymetallic, commonly sub horizontal, semi-massive
replacement uraninite forms lenses just above or straddling the unconformity,
with variable amounts of uranium, nickel, cobalt, and arsenic; and traces of gold,
platinum-group elements, copper, rare-earth elements, and iron
Figure 5; Geological Setting of Unconformity - associated uranium deposits in the eastern part of the Athabasca Basin (after Jefferson, et al, 2007)
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Figure 6: Examples of Three End-point Shapes and Positions of Unconformity Associated Uranium Deposits (from Jefferson., et al, 2007).
ITEM 9: EXPLORATION
9.1 Majesta Work Prior to 2012.
9.1.1 Majesta 2008 - 2011
Exploration carried out by Majesta in 2008 and 2009 included lake sediment, water
and soil sampling programs. In 2008 sampling results from 180 lake sediment and
water samples collected with a Jet Ranger helicopter landing on frozen lakes. Best
results were a maximum of 14.3 pCi/L radon in water, 54 ppm U and 27.6 pCi/L
radium in sediments (Figure 7).
In 2009 Majesta reported results from 699 soil samples, collected from trends
identified from historic INPUT EM surveys and geology. The SRC Geoanalytical
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Laboratory in Saskatoon did the geochemical analysis. Radon determinations were
done with Pylon degassing apparatus. R. Morse calculated the results. Best results
were a maximum of 95.5 pCi/L Ra, and 40 ppm U (Figure 7).
9.1.2 Kirrin Work 2010 - 2011
Kirrin completed two airborne magnetic - electromagnetic surveys, with relevant
interpretation and a ground radiometric prospecting program in 2010 and 2011 as
part of an option to earn a 70% interest from Majesta. No work was reported on S-
110893, which was allowed to lapse.
A 2010, 1076 km Fugro Geoscience TEMPESTTM airborne EM and magnetometer
survey identified 78.2 kilometres of conductive trends. Processing of the data by
Condor interpreted 19 target anomalies with 4 areas demonstrating a wide
response due to a surficial or flat-lying source. This interpretation thought that these
weak near surface conductors might represent remnants of regolith alteration
(Figure 8).
The 2011 interpretation of 1615 km of Geotech Ltd. VTEMTM airborne survey data
by F.L. Jagodits, Savaria Geophysics identified a marked change in magnetic
patterns between the property’s western and eastern sections, correlating to the
Mudjatik and Wollaston domain rocks. A northeast striking, linear magnetic high
trend forms the western boundary of the Wollaston Domain. Thirty-five conductor
segments with a conductance ranging from <5 to>25 siemens were prioritized. A
high priority rating was given to 37% of the conductors and 14% were rated as
moderate priority. Graphite or pyrite are believed to cause VTEM conductors with
high conductance and low associated magnetic susceptibility. Radiometric
prospecting traverses conducted in 2011 along four of the VTEM conductors failed
to identify any significant radioactive anomalies.
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Figure 7: Geochemical sample locations with location of highest results in each sampling program during 2008 and 2009.
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Figure 8: 2010 Tempest AEM / Magnetic Survey, Condor Conductor Picks and
Target Zones on Total Field Magnetics.
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Figure 9 Compilation of Tempest, VTEM Target Zones and Magnetic results.
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9.2 Majesta Work 2013 - 2014
Majesta staked S-112322, the Thick Lake claim in September 2011. Majesta
carried out VTEM, HLEM, Magnetic, boulder and water sampling surveys on S-
112322 in 2013 and 2014. Lines were cut where necessary.
9.2.1 Boulder Sampling Program
The August 2013 boulder sampling program collected 191 composite sandstone
samples in the Thick Lake area using GPS traverses orientated at 1200 - 2800.
Two prospectors on each line spaced at 200 and 400 m collected samples every
200 m. A composite sample was collected from angular sandstone boulders
within a 25 metre area. The boulder density and number of pieces sampled was
recorded. Samples comprised of 4-10 small pieces were photographed,
described, bagged, labelled and sent for analysis. Any sample other than
sandstone was excluded from analysis.
The samples were sent to the SRC Geoanalytical Laboratory in Saskatoon for
multi-element ICP, U-exploration analysis 16 elements in partial digestion and 46
in total digestion. From the analytical determinations the percentages of Kaolin,
Illite, Di-Tri-Chlorite and clay are approximated. Best ICP analytical results were
11.4 ppm As, 22 ppm Li. 2.0 ppm Mo, 34 ppm Th and 4.4 ppm U. The sandstone
boulders are altered. (Figure 10)
9.2.2 Radon Analysis
September 2013, Majesta reported radon determinations on 64 lake-bottom water
samples collected from the Thick Lake area. The highest radon value of 24.48
pCi/L was obtained at the northeast end of Thick Lake. The results averaged 3.28
pCi/L with 5 samples or 7.9% averaging more than 10 pCi/L and 12 samples or
19% with more than 6 pCi/L. (Figure 11).
Robert Morse provided consultation during the water sampling and radon
determination exploration programs. Morse also corrected the readings for radon
in pCi/L, radon decay between sampling and bubbling times, Also for lack of
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equilibrium of radon with its two alpha-emitting daughters due to shortened wait
time between bubbling and counting.
Robert Morse’s manual “Procedures for Radon, Thorium and Radium In
Geochemical Exploration using a portable radon detector of the Lucas-cell type
and a water degassing system“ was followed during the collection and degassing
of the samples. For example degassing of the water samples entails
systematically completing and recording times throughout each step in the
analysis of the sample. First each Lucas cell is read with the Pylon AB-5 monitor
to establish a background level for each cell. A fresh cell was used for each
sample-procedure, with background counts recorded in the degassing log.
Duplicate samples were tested from samples collected at the same site several
days later to verify the calculated results between sample times.
9.3 Majesta Work Funded by Hodgins (1839579)
Grid line-cutting for 144 km total field magnetic and 18 km HLEM surveys were
completed over parts of the Thick Lake claim between March and May, 2014.
HLEM survey results were correlated with the 2014 VTEM data.
May 2014, Majesta reported results on radon determinations of 211 lake-bottom
water samples. Several areas associated with VTEM anomalies returned values
greater than twice background. Only part of the planned program was completed.
June, 2014 a 254 line kilometre Geotech VTEMTM airborne survey over the Thick
Lake area was completed. Condor’s interpretation identified 108 deep source point
anomalies and 41 wide source anomalies, which were grouped into 11 clusters or
trends. A similar interpretation of the 2011 VTEM survey data identified 6 new
target zones and clarified 4 wide zone anomalies. (Figure
November 2014 Majesta compiled the geochemical sampling results with the
Condor VTEM interpretation. Drill testing several anomalies was then
recommended.
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Figure 10: 2013 Sandstone Boulder ICP Results, with Condor VTEM Target Zones, Thick Lake area.
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Figure 11: 2013 & 2014 Lake Water Radon determinations, with Condor VTEM Target Zones, Thick Lake area
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Figure 12: 2014 Condor VTEM Target Zones, total field magnetics and Magnetic Lineaments, Thick Lake area.
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Figure 13 KLSW 2014 Anomaly Areas A1-A6, with elevated radon in water sites, drill holes and conductive trends. ITEM 10 DRILLING The issuer has not conducted any drill programs to date.
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ITEM 11 SAMPLE PREPARATION, ANALYSES AND SECURITY
- The SRC Geoanalytical Laboratory in Saskatoon carried out the soil and boulder sample analysis.
- Section 9.2.1 of this report describes the boulder sampling procedure. - Section 9.2.2 of this report describes the radon sampling procedures and - Morse was available for consultation with Majesta’s field crew during the
collection and field treatment of the samples. - The author believes that Majesta has taken adequate steps to ensure that
sample preparation, security and analytical procedures are adequate.
ITEM 12 DATA VERIFICATION The author has read the relevant reports
ITEM 13: MINERAL PROCESSING AND METALLURGICAL TESTING Not applicable ITEM 14: MINERAL RESOURCE ESTIMATES Not applicable ITEM 15: MINERAL RESERVE ESTIMATES Not applicable ITEM 16: MINING METHODS Not applicable ITEM 17: RECOVERY METHODS Not applicable ITEM 18: PROJECT INFRASTRUCTURE Not applicable ITEM 19: MARKET STUDIES AND CONTRACTS Not applicable
ITEM 20: ENVIRONMENTAL STUDIES, PERMITTING AND SOCIAL OR COMMUNITY IMPACT June 2014, Saskatchewan Environment issued permits for exploration and
drilling on the KLSW property. These permits will remain in effect until December
31, 2015. Environmental studies are not necessary at this time, so have not been
carried out. Neither social, or community impact is currently applicable.
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ITEM 21: CAPITAL AND OPERATING COSTS
Not applicable ITEM 22: ECONOMIC ANALYSIS Not applicable ITEM 23: ADJACENT PROPERTIES The Key Lake mill and mined out Dielmann and Gaertner pits are 15 kilometres
from the northeast corner of S-112322. The BV and GAX uranium zones lie
southwest of the mill. DDH LN-01 drilled four km north of the north corner of S-
112322, cut 6.7 m width of sooty pitchblende and pyrite averaging 0.06% in
graphitic gneiss. A 0.3 m interval within the 6.7 m assayed 0.98% U3O8.
ITEM 24: OTHER RELEVANT DATA AND INFORMATION The Millennium, Eagle Point and Shea Creek deposits are examples of uranium
deposits occurring in basement metamorphic rocks below the Athabasca
sandstone.
A 2006 Cogema Resources Inc. compilation with potential areas of interest in the
Key Lake area made by combining magnetic data with interpreted regional
structures at N/S, E/W and ENE directions overlaps the northern part of S-112322.
The Key Lake model includes faulted pelites close to granite. Structural studies
should include interpreted granites as well as faults
Previous unsuccessful drilling in the northeast part of the property tested the
boundary areas, except for one hole near Thick Lake. The hole contained no
significant uranium values.
Regolith reported by Pan Ocean in 1978 east of Dunsmore Lake indicates that
glacial erosion of the metamorphosed basement hosted mineralization in the area
to be preserved. The recent Patterson Lake South uranium mineralization starts at
50 metres below surface, close to the edge of the Athabasca Basin.
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ITEM 25: INTERPRETATION AND CONCLUSIONS
Over 80 km of VTEM conductive target zones have been identified. These highly
conductive zones are due to graphite layers in the pelites. The 2011 VTEM survey
has defined a number of significant bedrock conductors. Geochemical sampling of
sandstone boulders to check for clay alteration, lake water soil and sediment
samples for radon has shown correlation with the target zones. Maxwell modelling
has been used successfully to determine the optimum location for drill testing.
Six of the high priority target zones have been identified in the Thick Lake area that
have direct correlation with radon anomalies and altered sandstone boulders. There
are many VTEM target zones that have not yet been qualified using geochemical
methods that were used in the Thick Lake area (Figure 14).
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ITEM 26: RECOMMENDATIONS
High priority VTEM anomalies in the Thick Lake area showing the best correlation
between target zones and radon anomalies should be drill tested. Maxwell
modelling of these anomalies to obtain the most favourable location, dip, azimuth
and depth of the drill target is also recommended.
Table 3: Phase 1; Budget Project planning, Maxwell modelling $ 12,000. Mobilization, Camp construction $ 28,000. Helicopter and ground support $ 40,000. Diamond Drilling (1500 m - 10 holes)) $ 200,000. Core logging, sampling, down-hole log $ 30,000. Sample Analyses $ 25,000. Field supervision and final report $ 35,000. Contingencies $ 30,000. Total, Phase 1 $ 400,000. Continuation of the ground evaluation geochemical program by conducting
prospecting, boulder sampling, lake sediment and lake-bottom water sampling with
radon analysis along all target zones not yet sampled is further recommended. Drill
testing of these targets is contingent on positive geochemical and modelling results.
Table 4: Phase 2: Budget Project planning, modelling $ 12,000. Prospect, sample collection $ 68,000. Sample analysis & radon determinations $ 30,000. Helicopter and ground support $ 65,000. Diamond drilling (1500 m 10 holes) $ 200,000. Core logging, sampling, down-hole log $ 30,000. Sample analysis (drill core) $ 25,000. Field supervision and final report $ 25,000 Contingencies $ 45,000. Total Phase 2 $ 500,000.
Andrew J. Gracie Consulting Geoscientist - 29 -
Figure 14 Priority Target Zones for modelling and drill target definition in the Thick Lake area.
Andrew J. Gracie Consulting Geoscientist - 30 -
ITEM 27: REFERENCES
1. Acton D.F., Padbury G.A. and Stushnoff C.T. (Principal Authors) The Ecoregions of Saskatchewan. Saskatchewan Environment and Resource Management Canadian Plains Research Centre, University of Regina, March 1998.
2. Andrade N., 2002, Geology of the Cigar Lake Uranium Deposit; in Andrade N., Breton G., Jefferson C., Thomas D., Tourigny G., Wilson W., and Yeo G., eds, The Eastern Athabasca Basin and its Uranium Deposits, Field Trip A-1 Guidebook, Geological Association of Canada and the Mineralogical Association of Canada, Saskatoon, May 24-26, 2002; 102 p.
3. Annesley I.R., Role of Basement in unconformity related uranium deposits in the Athabasca Basin insight and implication from the eastern side. SEG – PDAC Uranium Short Course Giant Uranium Deposits. Exploration Guidelines, models and discovery techniques.
4. Berenyi J., et al, 2008, Saskatchewan Exploration and Development Highlights, Saskatchewan Energy and Resources.
5. Cameco Corporation Annual Information Form, March 30, 2007 for year ending Dec 31, 2006.
6. Card C., Harper C., Costa A., Hughes C., Schwann P. and Delaney G.: Saskatchewan Exploration and Development Highlights 2006 PDAC Edition.
7. Carroll J., Robbins J. and Koning E., 2006, The Shea Creek Deposits, West Athabasca Basin, Saskatchewan. CIM Field Conference, Uranium: Athabasca Deposits and Analogues. CIM Geological Society.
8. Costa A., Gracie A., and Modeland S. Field Trip 4. 2006 CIM Field Conference Uranium : Athabasca Deposits and Analogues. September 13 -14, 2006
9. Cristall J., Brisbin D., 2006: Geological Sources of VTEM Responses along the Collins Bay Fault, Athabasca Basin. SEG – PDAC Uranium Short Course 2006. Giant uranium deposits: Exploration guidelines, models, and discovery techniques.
10. Dyck W. 1968. Field and Laboratory Methods Used by the Geological Survey of Canada in Geochemical Surveys. Radon Determination Apparatus For Geochemical Prospecting for Uranium. GSC Paper 68-21 Dept of Energy Mines and Resources.
11. Fugro Airborne Surveys. Basic EM Interpretation Report Airborne Magnetic and Tempest Survey Key Lake Southwest Block Saskatchewan Job No 10402. Kirrin Resources Inc. & Majesta Resources Inc.
12. Fugro Airborne Surveys, July 2010. Logistics and Processing Report, Airborne Magnetic and TEMPEST Survey, Key Lake Southwest Block, Saskatchewan. Job No. 11034
13. Gilboy C.F. 1985: Compilation Bedrock Geology: Cree Lake (NTS 74G), Saskatchewan Energy and Mines, Report 237: (1:250,000 map with marginal notes).
14. Irvine R. 2010. Report on Processing and Interpretation of a Tempest AEM/Magnetic Survey, Key Lake Southwest Area, Saskatchewan, Canada. Condor Consulting Inc. Lakewood Colorado, USA. for Kirrin Resources Inc..
Andrew J. Gracie Consulting Geoscientist - 31 -
15. Jagodits F.L. 2011. Report on Helicopter-Borne Magnetic and Electromagnetic-VTEM Survey: Key Lake Southwest Property, Key Lake Area, Saskatchewan. Savaria Geophysics Inc. report for Kirrin Resources Inc..
16. Jefferson C.W., and Delaney G., 2007. EXTECH IV: Geology and Uranium Exploration Technology of the Proterozoic, Athabasca Basin, Saskatchewan and Alberta. GSC Bulletin 588, SGS Special Publication 18, GAC Mineral Deposits Division Special Publication 4.
17. Jefferson C.W., Thomas D.J., Gandhi S.S., Ramaekers P., Delaney G., Brisbin D. Cutts C. Portella P. and Olson R.A.: Unconformity associated uranium deposits.
18. LeMaitre R., 2006: Recent Developments in Exploration, Geology and Deposit Models at the Eagle Point Operation. SEG-PDAC Uranium Short Course 2006. Giant Uranium Deposits: Exploration guidelines, models and discovery techniques.
19. Morse R.H. www.finderschoice.com/radon Athabasca; Radon Anomaly in Midwest Lake over Orebody, Thelon; Radon – Radium anomalies in lakes at Kiggavik, Athabasca; Radon anomaly over McLean Lake North.
20. Morse R.H. July 20, 2009 KLSW Progress Report for Durama Enterprises Limited
21. Munday R.J.C., 1977: The Geology of the Mudjatik (East) Area, Saskatchewan Department of Mineral Resources Report 168: Map 168A & B (1:100,000 scale).
22. OIson R. July 25 2011. KLSW Property – Preliminary Interpretation & Re-prioritization of Jagodts (2011) AEM Conductors. OAR-Rock Geoscience Ltd. Company Report.
23. Olson R. August 25 2011. KLSW Property – More Detailed Interpretation & Re-prioritization of Jagodits (2011) AEM Conductors. Supplemental report to Olson July 25 2011..
24. Palmer K. 2010. Golder Associates Ltd.. (43-101) Technical Report on the Shea CreekProperty Saskatchewan including Mineral Resources Estimates for the Kianna, Anne and Colette Deposits.
25. Portella P. and Annesley I.R. 2000. Paleoproterozoic thermotectonic evolution of the eastern Sub-Athabasca basement, northern Saskatchewan: Integrated geophysical and geochemical data: in Summary of Investigations 2000, Volume 2, Saskatchewan Geological Survey, Sask. Energy and Mines Misc. Report 2000-4.2
26. Renaud A.D., 2006) Unconformity and Basement – Hosted Uranium Deposits at the Rabbit Lake Operation, Collins Bay, Saskatchewan. Abstracts Volume for 2006 CIM Uranium Field Conference.
27. Roy C., Halaburda J., 2005: Millennium Deposit – Basement Hosted Derivative of the Unconformity Uranium Model. IAEA Conference in Vienna, June 21, 2005.
28. Saracoghi N., Wallis R.H., Brummer J.J.and Golightly 1983 CIM Bull Vol 76, No 852.
29. Sibbald T.I.I., Quirt D.H., Gracie A.J., 2006: Uranium Deposits of the Athabasca Basin, Saskatchewan. 8th IAGOD Symposium Field Trip Guidebook. GSC Open File 2166.
30. Slimmon W.L., 2007: Geological Atlas of Saskatchewan; Saskatchewan Industry and Resources, www.ir.gov.sk.ca
Andrew J. Gracie Consulting Geoscientist - 32 -
31. Slimmon W.L., Sibbald T.I.I., and Thomas M.W., 1988: Compilation Bedrock Geology: Mudjatik (NTS 74B), Saskatchewan Energy and Mines, Report 244: (1:250,000 map with marginal notes).
32. Studer D. July 16 2009. Assessment Report on the 2009 Soil Sampling Survey Conducted on the Key Lake Southwest Property, Saskatchewan. A Durama Enterprises Ltd. Report for Kirrin Resources Inc..
33. Studer D. July 16 2010. Assessment Report on the 2010 Tempest Airborne Magnetic and Electromagnetic Survey Conducted on the Key Lake Southwest Property Saskatchewan. A Durama Enterprises Ltd. Report for Kirrin Resources Inc..
34. Studer D. July 25 2012. Assessment Report on the 2011 Radiometric Prospecting Conducted by Discovery Consultants on the Key Lake Southwest Property Saskatchewan. A Durama Enterprises Ltd. Report For Majesta Resources Inc..
35. Thomas D.J., Matthews R., and Sopuk V., 2000, Athabasca Basin (Canada) unconformity –type uranium deposits: Exploration model, current mine developments and exploration directions; in Geology and Ore deposits 2000: The Great Basin and Beyond, Geological Society of Nevada Symposium Proceedings, ed. Cluer J.K., Price J.G., Struhsacker E.M., Hardyman R.F., and Morris C.L., May 15-18, 2000 Volume 1, p 103-126.
36. Tourigny G., Wilson G., Breton G., and Portella P. 2005, Descriptive geology and structures associated with the Sue C uranium deposit, eastern Athabasca Basin, Saskatchewan ; in Jefferson C.W., and Delaney G., eds, EXTECH IV: Geology and Uranium Exploration Technology of the Proterozoic Athabasca Basin, Saskatchewan and Alberta: Geological Survey of Canada, Bulletin 588 (also Saskatchewan Geological Society, Special Publication 17); Geological Association of Canada, Mineral Deposits Division, Special Publication 4, in prep.
37. Venter N., 2011 Geotech Ltd.. Report on Helicopter-Borne Versatile Time Domain Electromagnetic (VTEM plus) and Aeromagnetic Geophysical Survey. Key Lake SW Property – Areas A & B Key Lake Saskatchewan for Kirrin Resources Inc..
Andrew J. Gracie Consulting Geoscientist - 33 -
APPENDIX 1 TABLE 2a: RELEVANT AIRBORNE ASSESSMENT FILES
File Number Year Operator Project Area Summary of Work Done 74B16-0001 1969 Darling Hydrocarbons Ltd &
Yukon Geothermal Ltd. Haultain Lake area
300 m spaced lines, EM, magnetic, radiometric surveys by Seigel and Associates Ltd.
74G01-0004 1969 Yukon Geothermal Co Ltd. Costigan Lake area
300 m spaced lines, EM, magnetic, radiometric surveys by Seigel and Associates Ltd.
74G01-0007 1969 Panocean Oil Ltd. Laverdiere Creek area
300 m spaced lines, EM, magnetic, radiometric surveys by Kenting Ltd. Geological report by J.A. McNutt. Lake water & sediment sampling report by M.W. Pyke
74H06-NE-0002 1969 Calta Mines Ltd. Russell Lake Area
Reconnaissance airborne radiometric, geological, hydrogeochemical and gravity surveys Report by R L McPherson
74H-0011 1973 Inexco Mining Co Cree – Keefe Lakes area
300 m spaced lines, radiometric surveys by Questor Geological & geochemical surveys, report by BH Tan
74B16-0006 1978 E & B Explorations Ltd Haultain Lake area
300 m spaced lines, EM, magnetic, radiometric surveys by Kenting Ltd. Assessment report by Can-Lake
74G-0006 1978 Swiss Aluminum Mining Co. of Canada Ltd.
Cree Lake area 300 m spaced lines, EM, magnetic, radiometric surveys by Scintrex, Interpretation report by Paterson Grant & Watson
74G01-NW-0025. 1978 E & B Explorations Ltd. Grassick Lake area
300 m spaced lines, EM, magnetic, radiometric surveys by Kenting Ltd. Report by R.W. Stemp, Prospecting, lake water & sediment sampling report by M.S. Clarke and R.O. Ball
74G01-0020 1979 Panocean Oil Ltd. Laverdiere Creek area
300 m spaced lines, EM (Input) and magnetic surveys by Questor. Soil and geochemical sampling report by W.C.Day
74G01-0040. 1982 Uranerz Exploration and Mining Ltd.
Burkowski, Huston, Zimmer & McMillan Lakes area
300 m spaced lines, EM (Input) and magnetic surveys by Questor. Interpretation Report by D. Kinvig
74H04-0082 1982 Uranerz Exploration and Mining Ltd.
Key - Cree Lakes area
300 m spaced lines, EM (Input) and magnetic surveys by Questor. 82 Data maps for file #74G01-0040
74H04-SW-0106 2004/06 International Uranium Corporation
Seager Lake Geophysics: Airborne AEROTEM EM and magnetic surveys: Campbell Creek & Seager Lake blocks (2004) Geophysics: Ground HLEM and mag surveys: grids A, B, C,and Fat Lake extension (2006) 1 CD ROM (104 MB) By Aeroquest, G Ostapovitch, and L Petrie
Andrew J. Gracie Consulting Geoscientist - 34 -
74H04-0105 2005 Cogema Resources Inc. Key Lake area Description Geophysics: Airborne gradiometer survey 1 DVD (836 MB) By N Pendrigh, R Koch
74H06-SW-0131 2006 Canalaska Ventures Ltd. & International Auinex Resources Inc
Key Lake area Geophysics: Helicopterborne VTEM TDEM & magnetic surveys (Blocks 1 to 4) 1 DVD (1.73GB) By Condor Consulting, R Irvine
74G01-SE- 2010 Kirrin Resources Inc and Majesta Resources Inc
KLSW property Geophysics: Fugro TEMPEST TEM & magnetic surveys interpretation 1 DVD (2.3GB) By Condor Consulting, R Irvine Logistics and Compilation and correlation by D. Studer
74G01-SE- 2011 Kirrin Resources Inc and Majesta Resources Inc
KLSW property Geophysics: Geotec Helicopterborne VTEM TDEM & magnetic surveys. Interpretation by F Jagodits 1 DVD (1.96B)
TABLE 2b: RELEVANT GROUND ASSESSMENT FILES
File Number Year Operator Project Area Summary of Work Done 74H04-0027 1976 Scurry Rainbow Oil Ltd. Costigan -
Seager Lakes area
Prospecting, mapping, lake water & sediment, radon sampling report ground VLF-EM & Magnetic surveys by Wollex. Pleistocene & groundwater flow report by J.A. Vonhof
74B16-0004 (74B16-0006 is a duplicate file)
1977 E and B Explorations Ltd Haultain Lake area
Property Evaluation and Lake Sediment sampling by Taiga Consultants
74G01-SE-0006 1977 Thor Exploration Ltd Seager Lake HLEM and magnetic surveys, report by R.O. Crosby, lake water & sediment sampling report by Taiga Consultants
74G01-SE-0014 1977 E and B Explorations Ltd Seager Lake VLF-EM and magnetic surveys, prospecting, lake sediment sampling report by R.K. Netolitsky, and R.H. Spooner
74H-0020 1977 Uranerz Exploration & Mining Ltd, Inexco Mining Co, SMDC
Cree – Highrock Lakes area
Prospecting, Lake water, sediment and muskeg geochemistry, Track Etch survey report by J. Rich & K. Lehnert-Thiel. Eatneinimew Lake pitchblende showing
74G01-0018 1978 Panocean Oil Ltd Laverdiere Creek area
6 ddh records (CL 1-6), sections and radiometric logs. Drilling report by W.C.Day (a very good file)
74G01-0021 1978 Mark V Petroleums and Mines Ltd..
Seager Lake 6 ddh records (#78 1-6). Ground EM survey report by R.O. Crosby Assays U3O8, Ni, and Mo. (core)
74B09-0020 1979 E and B Explorations Ltd Haultain Lake area
Prospecting, geological mapping, soil & radon sampling report, Evaluation report by R. Arnold and J.M. Adam.
74G01-SE-0028 1979 E and B Explorations Ltd Seager-Jaschinsky Lakes area
Overburden bedrock drilling and sampling; 48 drill logs (#RCS-79-1 to 48). Report by S.A. Averall. Analyses: U, Pb, Mo, Ni, Cu
74H04 -0058
1979 Scurry Rainbow Oil Ltd. - Western Mines Ltd.
Costigan -Seager Lakes area
33 ddh records (#CS 79-01 to 33). Drilling Report by M.L. Traprell. Assays: U3O8, (core)
74B16-NE-0034 1979 E and B Explorations Ltd Costigan Lake area
Ground E M and magnetic surveys No 4 grid Report, 2 maps, by J MacAdam Magnetic report, 2 maps, by E R Rockel
Andrew J. Gracie Consulting Geoscientist - 35 -
74B9-0021 1979 E and B Explorations Ltd Haultain Lake area
Prospecting, geological mapping, radiometric and geochemical surveys (soil, radon) Evaluation report, 213 P, 5 appendices, 33 maps, by R Arnold, J McAdam (Geophysics filed by CBS)
74G-0013 1980/84 Uranerz - SMDC - Eldor Resources Ltd
Cree – Zimmer Lakes area
Radiometric prospecting and prospectors’ traverse plots. Eatneinimew Lake pitchblende showing
74G-01-0032 1985 Minatco Ltd. Seager Lake Drilling 4 holes, logs and results Report by R Amaitre, prospecting results, boulder samples
74G-01-0033 1987 Minatco Ltd. Seager Lake Drilling 6 holes, logs and results Report by J Zimmerman, prospecting traverses, results, boulder samples
74G-01-0035 2006 International Uranium Corporation
Twin-Fat Lakes (Thick Lake grid)
6 DDH, KS-06-10 to 15 drilled in the Seager – Thick Lake area. Pelites, pegmatites, gneiss with low U values.
74H04-NE-0087 1986 Uranerz (not on property) Wilson-Zimmer Wheeler Lakes area
34 ddh (# EL-72 to 90,95,96,96A; WL-17 to 20, MH-28 to 33, WZ-17 and 18) Borehole PEM survey ddh WL-19 Core petrographic study: ddh MH-29 and AL-19 Ground HLEM survey: ML 5327 and ML 5423 Ground UTEM, magnetic, VLF and gravity:ML 5327 Lake sediment sampling: Bloody Lake: ML 5327 Report (3 vols), 36 maps, 29 sections-C Keller Analyses: multi-element compound (core) Analyses: U Th Fe Mn P Pb Zn Cu Ni Co (silt)
74H-0045 1988 Cameco Corp (not on property)
Little Nikik Lake Drilling: 15 ddh (# AH-01 to 05, LN-35 to 44): Nikik to Arrowhead Lakes; gamma logged Downhole Geophysics: Borehole PEM survey: ddh WL-22, AH-02, AH-03 Drilling 41 ddh (# WR-25 to 42, PML-1 to 23): Middle to Wrobel Lakes; gamma logged Geophysics: Ground TDEM and EM surveys: Arrowhead, Esker & Delta Lakes Report, 3 maps, 15 sections, 1 floppy diskette by C Keller, M Leppin, G Wood Analyses: multi-element compound (core)
74G-01-0044 2009 Majesta Resources Inc. KLSW Property Geological Survey: Lake Sediment & Water Sampling Analyses: 180 samples - both degassed for radon content, lake sediments-multielement analyses 1 CD 31.4 MB by D M Studer
74G-01-0044 2010 Majesta Resources Inc. KLSW Property Geological Survey: Soil Sampling Analyses: 699 samples - degassed for radon content, multielement analyses 1 CD 191 MB by D M Studer
2012 Kirrin Resources Inc. and Majesta Resources Inc.
KLSW Property Radiometric Prospecting and sampling conducted by Discovery Consultants. Radiometric Prospecting Traverses Analysis: 19 samples, Multi element analysis U-Th-REE 1 CD 151MB D M Studer.
2013 Majesta Resources Inc KLSW Property, Thick, Lake area
Sandstone boulder sampling program collected 191 composite samples from S-112322 by D M Studer
Andrew J. Gracie Consulting Geoscientist - 36 -
2013 2014
Majesta Resources Inc (2013) and Hodgins Auctioneers Inc. on behalf of Majesta Resources Inc. (2014)
KLSW Property, Thick, Lake area
Lake water samoling program collected 60 samples and degassed to determine the Radon content. Thick Lake area (Fall) Lake bottom water sampling program collected 264 samples, degassed for radon content. S-112322, (one report ) by D Studer
2014 Hodgins Auctioneers Inc. On behalf of Majesta Resources Inc.
KLSW Property, Thick, Lake area
Total field magnetic (144 line km) and horizontal loop electromagnetic surveys (18 line km) on S-112322. by D Studer
2014 Hodgins Auctioneers Inc. On behalf of Majesta Resources Inc.
KLSW Property Helicopter assisted lake bottom water sampling program collected 211 samples and degassed to determine the Radon content. Key Lake Southwest by D Studer
2014 Hodgins Auctioneers Inc. On behalf of Majesta Resources Inc.
KLSW Property, Thick, Lake area
Helicopter-borne Versatile Time Domain Electromagnetic (VTEMplus) and Horizontal Magnetic Gradiometer Geophysical Survey by Geotech Ltd., Aurora, Ontario,
2014 Hodgins Auctioneers Inc. On behalf of Majesta Resources Inc.
KLSW Property, Thick, Lake area
Report on Processing and Interpretation of two VTEM / Magnetic Surveys; Key Lake Southwest and Thick Lake, Northern Saskatchewan, by Condor Consulting Inc.
2014 Hodgins Auctioneers Inc. On behalf of Majesta Resources Inc.
KLSW Property, Thick, Lake area
Report on the Compilation of geochemical results with the Condor Consulting Inc. Interpretation of the Geotech VTEM / Magnetic Surveys conducted on the Thick Lake area of the Key Lake Southwest Property by D Studer.
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