32D05NW2038 2.19532 THACKERAY

GEOPHYSICAL SURVEY

ON THE

MCKINLEY LAKE GRID

(NEW NORTH/SOUTH GRID)

THACKERAY TOWNSHIP

LARDER LAKE MINING DI VI SI Off

DISTRICT OF COCHRANE, ONTARIO

FOR

ALEXANDER H, PERRON

2.19532

JUNE 7, 1999 MISS WENDY K. WELLER

GEO TECH

[-RECEIVED!]U O 8 1999

32D05NW2038 2.19532 THACKERAY 010C

TABLE OF CONTENTS

SUMMARY. . . . . . . . . . . . . . . . . . . . . . . . . i)

INTRODUCTION . . . . . . . . . . . . . . . . . . . . . . l

PROPERTY HISTORY . . . . . . . , , . . . , . , , . . , . l

GENERAL GEOLOGY, , , . . . , . , , , , , , , , , , , , . l, 2

TOPOGRAPHY . . . . . . . . . . . . . . . . . . . . . . . 2

INSTRUMENTATION. . . . . . . . . . . . . . . . .*. . . . 2, 3

PRESENTATION AND DISCUSSION OF RESULTS . . . . . . . . . 3

CONCLUSIONS. . . . . . . . . . . . . . . . . . . . . . . 4

ASSESSMENT DATA FORM . . . . . . . . . . . . . . . . . . 5

TECHNICAL DATA . . . . . . . . . . . . . . . . . . . . . 6

BIBLIOGRAPHY . . . . . . . . . . . . . . . . . . . . . . 7

CERTIFICATE. . . . . . . . . . . . . . . . . . . . . . . 8

LIST OF CLAIMS WORK PERFORMED ON . . . . . . . . . . . . 9

MAPS

CLAIM LOCATION MAP - FIGURE la) . . . . . . . . . . . . la)

LOCATION MAP - FIGURE Ib) . . . . . . . . . . . . . . . l b)

TABLE l - TABLE OF LITHOLOGIC UNITS - FIGURE le). . . . 2 a)

GROUND MAGNETOMETER SURVEY MAP NO. ML/gg/mas . . . IN BACK POCKET

GROUND VLF-EM SURVEY MAP NO. ML/99/vlfS . . . . . . . IN BACK POCKET

SUMMARY i)

This report is a Geophysical Survey, as required by The Ministry of Northern Development and Mines for assess ment work purposes.

The report includes an introduction to the property, general geology, field observations and conclusions based on the field survey.

Technical data is provided in the back of this report. Assessment data sheet can also be found in the ba^k of this report. Field data is compiled on the accompanying plan maps found in the back of this report.

GEOPHYSICAL SURVEY

ON THE

MCKINLEY LAKE GRID (NEW NORTH/SOUTH GRID)THACKERAY TOWNSHIP

LARDER LAKE MINING DIVISION

DISTRICT OF COCHRANE, ONTARIO

INTRODUCTION

The claim group consists of five (5) contiguous mining claims located in the central southeast corner of Thackerey Township. Access to the property is via the Garrison-Thackeray access road and secondary logging roads. (See Figures la and Ib).

Ownership of the claims has been attested to by Perrex Resources Inc. of 103 Government Road East, Kirkland Lake, Ontario, and was not inde pendently ascertained by the writer.

On May 11, 1999, new North/South baseline was turned off at claim post No. 2 of claim L-982301 Picket lines were established every 200 feet and stations cut and measured at 100 ft. intervals. All line cutting and chaining was performed by Jim Hennessey and crew, two geophysics surveys were completed by Gwen Resources Ltd. All maps, report writing were completed by Miss Wendy K. Weller.

PROPERTY HISTORY

July, 1987 Nov. 22, 1989Aug. 1996 June, 1998 May 11, 1999 May 28, 1999

M. Greer - Geological Survey M. Greer - Geophysical Survey

Wendy K. WellerWendy K. WellerWendy K. WellerWendy K. Weller

Geophysical SurveyGeophysical SurveyGeophysical SurveyGeophysical Survey

These can be seen at the Regional Geologist's files.

GENERAL GEOLOGY

The O.G.S. Report 165, titled Geology of Thackeray, Elliott, Tannahill and Dokis Townships, by L. S. Jensen indicates the predominate underlying bedrock is mainly basaltic and andesitic volcanic rocks of the Tholeiite Suite. These rocks are dark grey green iron rich and magnesium rich tholeiites, consisting of massive fine grained flows and

-l a)-

CLAIM LOCATION MAP THACKERAY TOWNSHIP FI^URl^la)

1213840

L. — -— 4— — -js^3-*\ — —- 1** —— — H— — — -l—— —— \— — —

i M?l hj04776d\| '047759 J 1047758 | 1047757 | 1047756

— 4 — -j- — — l ; urr"-"" i i

213839. l I04SII3 l U""* l r .••~,——- -i--J-- — U——u —-l^-Vf —— t---c- —

|I048088 l . . j 1047931 j 1047930 |'O47768 ,,o, ffb , , 1047766

_ _____l___ l IO48087 1048086 'O48IO4 , J— U l

ZO|23 048097 l IO480S6 | IO48093' l l , '048094 .8092 l— — -i — -— -r------~~

l .,v^v,^ --—— ( soiioo Ipe.'ISe 1^32300.1982295

48349 [ 1048101 | .048,O2 l IO48IO3— — i l _ J982/6-J l 98,2159 9S230 1 1982?.---H ———— - --i —— —— —— --- --

C43389 j 049388 JJ\ Sj l46671 104814 ,'0*"0* l 1048091 'l l- - . ^_ —— ——

j 1049740 i 104973^ | 'O49737 IO49738 | '046228

79900

j j 5 Il048l6 '5 'g

' i ' ^ i *f-———j 0 r \ oi r-L r-^T--i i i i ' '1858999 i 317252 j 917251 , 89^201 j 91.'2 SO ls922O2'~ ~ ~ '"

! 8 58996

'——l l"

i ~"~~~ 317255

l 8S 8 99.' l

1917253 lC-:-:-'J

917254

I---4--- I

•92203[l _

l

l , '98I49O

l ——l

N'6":".l- L I/O Off- i" l l ___ L V ^ l ! .1 '

., i, 89287*, l

lf.-r.,-fi L

8i49jij

l 1205729

858394 !—— - J

iao6?aa _.j ^

-l b)-

Ghost LHACKERA\| ELLIOTT

tJRRISETTE

Location Map Figure Ib

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and pillowed lavas.

The trend of these flows appears to be northeast-southwest.

These lava flows are part of a large area of volcanism known as the Abitibi Greenstone Belt. This belt is part of a large east trending synclinorium. This synclinorium occurs between two major fault structures, the Destor-Porcupine Fault occurring on the northern edge and the Larder Lake Fault on the southern boundary. (See Figure le - Table of Lithology).

TOPOGRAPHY

There are 3 main lakes in this survey, in the north.east corner is McKinley Lake, in the south-west corner i^ Vinkle Lake and the south-east corner is Armitage Lake. West side of Grid stops at THACKERAY

LAKE SYSTEM.The terrain is flat to steep sloping glacial eskers. The

vegetation throughout the claim block is jackpine replant to poplar, birch and alder.

INSTRUMENTATION

Magnetometer Survey:

This system uses a backward motion of spinning protons of a hydrogen atom within a fluid of hydrogen and carbon. These spinning magnetic protons are caused to have two opposite poles by applying a magnetic field using a current within a coil of wire. When the current is stopped, the protons precess about the earth's magnetic field and in turn generate a small current in the wire. This frequency of precession is proportional to the earth's total magnetic field.

This instrument is read directly in gammas which is the absolute value of the earth's total field for that station.

Electromagnetic Survey:

The VLF-EM method uses as a source, several of the main submarine communications transmitters in the 15 to 25 kHz band found throughout the world.

The submarine communication radio waves travel in a single mode parallel to the surfaces of the earth along the earth-air interace.

VLF instruments are capable of picking up any structures that change the direction of the waves by measuring the tilt angle being zero on flat ground, but when a conductor is present, the tilt angle will acquire a finite value. The direction of tilt indicates the direction of the conductor.

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FIGURE 1C

TABLE 1 l TABLE OF LITHOLOQIC UNITS FOR THE THACKERAY, ELLIOTT, ^_____| TANNAHILL, AND DOKIS TOWNSHIPS.----i--—--i—--.-

PHANEROZOIC CENOZOIC

QUATERNARYPLEISTOCENE AND RECENT

Till, reworked till, oskcr sand and flravol, varved cloy, duno sand, alluvium and pent

UNCONFORMITY•v

PRECAMBRIANMIDDLE TO LATE PRECAMBRIAN (PROTEROZOIC)

MAP 10 INTRUSIVa ROCKSOlabet* and quartz dlabas*

INTRUSIVE CONTACT

EARLY PRECAMBRIAN (ARCHEAN) FELSIC INTRUSIVE ROCKS

SYENIT1C INTRUSIVE ROCKSEquttjronulnr and porphyritic syenodiorite monzonite, jyenlte, feldspar

porphyry, pegmatite and lamprophyre

INTRUSIVE CONTACT

GRANITIC INTRUSIVE ROCKSQuartz diorite, sranodlorlte, trondhjemite, (eldipar porphyry, and hybrid

rocks

INTRUSIVE CONTACT

MAFIC INTRUSIVE ROCKSGabbro, quartz gabbro, diorite, quartz diorite, hornblende gabbro, and

anorthosite Tjnbbro

INTRUSIVE CONTACT

VOLCANIC ROCKSRHYOLITIC AND OACITIC VOLCANIC ROCKS

Gale-Alkaline SuiteMassive breccia, flow-breccia, pyroclaitlc breccia, tuff, crystal tuff.amygdo-

loldnl, rhyolltlc and dacltlc rocks feldspar, and quartz porphyry, rhyolltlc and dacltlc rocki

Tholeiitic SuiteSpherulitic luff and tuff-broccla, and cherty tuff, rhyolite and dacltlc roc k i

BASALTIC AND ANDESITIC VOLCANIC ROCKS Calc-Alkallno Suite

Massive, pillowed breccia, pyroclnitle breccia, tuff and Inplllt-tuff, amygda loidal, porphyrltla feldipor bnsaltlc and andailtlc rocks end groontchlJl and amphibolite facial, mela-bniollla and mata-ondailllo rock i

Tholeiitic SuiteBlack to dark Qrcon, high-Iron, massive, pillowed flow-top breccia, pillow

breccia, hyoloclastlc, variolitic and amyrjdaloldol basaltic and andcilllc rocks and Interflow sediments

Grey lo groen, hlgh-mognojlum masilvo, pillowed, flow-top breccia, pillow- breccia, hyaloclastlc, porphyritic feldspar, variolitic and amyndoloklnl basaltic rocks and Interflow jcdimontt

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Calculations of such paramaters as depth, depth extent, dip and width of the conductors is very minimal.

The VLF easily illustrates the location of the upper limit of dipping structures which can be seen or plotted as VLF profiles as areas of greatest change in tilt angle per unit of distance.

The instrument used for this survey was a Geonics EM-16 Unit, The sensitivity of this unit is J.% for the inphase and 15& for the qua drature. The iperating frequency for the EM-16 from 15.25 kHz and the station is made by plug-in units.

Further information on the VLF and the magnetometer can be found in the back of this report on the Technical Data and Assessment forms.

PRESENTATION AND DISCUSSION OF RESULTS

Detail Magnetometer Survey:

The field data is presented on two maps at a horizontal scale of one inch to two hundred feet, map number MLX997mag5.

The magnetic relief ranged from a low of 57,736 gammas to 58,539 gammas. The magnetic trend is in a north to north east direction.

The magnetic trend is very low which indicates little change in the host rock.

Electromagnetic Survey:

The field data is presented on the map No. ML7997vlf5 at a scale of one to two hundred feet, found at the back of this report.

In this survey three distinctive anomalies were found.

C4 -"Crosses PL2000E 1540N to PL2600E 1750N.The topography of the area is a gentle sloping glacial esker covered in jackpine replant.

C5 - Crosses PL2200E 700N to PL2600E 900N.This contact crosses the top one of the smaller glacial eskers, covered in replant jackpine, poplar and birch.

C6 - Crosses PL2200E 1230S to PL2600E 950S.The contact is located in a small gourge between two very large glacial eskers. The vegetation in this area ranges from replant jackpine to alder, poplar and birch.

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CONCLUSIONS AND RECOMMENDATIONS

Due to overburden.and no exposed outcrop, it is difficult to present a clear picture of the underlying geology.

There is a large magnetic low band in the center section of the grid mirrored by two large magnetic high anomalies trending in a northeast direction. Ground VLF-EM survey contact (May 1999 and June 1999 surveys) CI and C4 may possibly be the contact between the high magnetic band system and the large magnetic low trend found in the center of the grid. This contact may represent a west fault off the Thackeray Lake Fault.

The second half of the new north/south grid is being completed and will be read with both instruments. A Horizontal Loop program is being discussed to help define the origins of the contacts of the VLF-EM Survey. A Fraser Filter is also being run over the VLF-EM survey to help eliminate topography contacts.

Respectfully submitted,

June 7, 1999 Miss Wendy K. WellerGeotech

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Assessment Data FormType of Work.-Prospecting:..............,.................Physicah LINE CUTTING AND CHAINING~"""~~

Geochemical:...__....-.__-..... Drill!ng 1-...,. s:., - Other work 1.

Cost of Work'...S3.935:og Dollars Applied; s 3. 935". bo'

Recorded Holder* Survey Company:

Address-. 103 .GOVERNMENT ROAD^ EASJ^^^^ Address :J?3.. GOVERNMENT JROAD _E_AST,.^IL^Jl.^^i.P^J^lQ.P^..1^-9 ___ ....^ -Jl^^AID.LA^*. 0.^JA110 ??N IA9SlirVey/R'ep'bVy'TriTorlWalTon;/"""""""""

Start of work:. - ..MAY - 29,M i999. - . - ^Mw End of work'- Draughting fime^jy^E..^..^^..... 'Report 1 t i me ' Completion of repo Work performed on

Work applied to claim(s).....^ij^U L-821823

Persons who performed'work (supervisor first):. .G^- .RE^9.Ui??.ES LTD -

WENDY K. WELLER

J. HENNESSEY AND CREW

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Technical Data:Line (miXkm):...2.0.9.fJ.A99.fJ.......^.,. Line traversed'......No, of samples/stations:_?S3.;.....- Line/picket spacingt.ELECTROMAGNETIC SURVEY*1 Opera tor t-.Miss^wENmr.Instrument5...GEONics.^i-m...........^ Accuracy...];.:...1L.........Coil configuration^.0Kjl A l h fi n i r Q r G IT) 6 T G i S * -U 1*10 Dy cIYIwll'vVJ*MMMMnM M n 0* M *A MM AM ••••••W****^*^********^ ^ m

i Ar\ 0/Vertical scale-...}..1.^.!:..:......0......... Horizontal scales.1..!!!?!?.r.??.0./J;

Operational technique:..............,.............ALL READINGS TAKEN FACING NORTH 900 TO STATION

MAGNETIC SURVEY: Opera 10^.lnstrument:... H.A.L9.p.±................ Accuracy:.:...1..^!Base station L.Ji?22SM.-.— ...- ~..— -' D i urna ' nfiethodL....^.Base station time: 31™LIS....'...... Localion/value:,. ^ A ui i j 57,000 GAMMAS Contour interval '.^...^.1...?!?......... Da.tumn subtracted*...................Contoured byr...^!.^^^^^,.^.^^.. Horizontal scaletJJJ!9i!:..2.99.n:

INDUCED POLARIZATION SURVEY'Transmitter usedv__................. Receiver used;_..Method:........................................ FrequencyL.^......On lime;_.................................^ R^ngo:....................Off time:.................................!....... Delay time:.............iPower source:...................__.... Output'-..................Electrode array.'_._.....___.... Electrode spacing:.Readings taken:.......................... Other data:...........Operational technique 1.........................................

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BIBLIOGRAPHY

ONTARIO GEOLOGICAL SURVEY

REPORT #165

GEOLOGY OF THACKERAY, ELLIOTT, TANNAHILL AND

DOKIS TOWNSHIPS

DISTRICT OF COCHRANE

L.S. JENSEN 1978

M. GREER

M. GREER

1989, GEOPHYSICAL SURVEY

1987, GEOLOGICAL SURVEY

WENDY K. WELLER 1996, GEOPHYSICAL SURVEY

WENDY K. WELLER 1998, GEOPHYSICAL SURVEY ONMCKINLEY LAKE GRID (NEW NORTH/SOUTH GRID)THACKERAY TOWNSHIP,LARDER LAKE MINING DIVISION,DISTRICT OF COCHRANE, JUNE 1998

WENDY K. WELLER Geophysical Survey onMcKinley Lake Grid (New North/South Grid) Thackeray Township May 11, 1999

Wendy K. Weller 1999, GEOPHYSICAL SURVEY ONMCKINLEY LAKE GRID (NEW NORTH/SOUTH GRID) THACKERAY TOWNSHIP, LARDER LAKE MINING DIVISION 1 DISTRICT OF COCHRANE, MAY 28, 1999

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CERTIFICATE

I, Wendy K. Weller, of Kirkland Lake, Ontario, do hereby

certify:

1) That I am a Geotech in Training and reside at:

71 Second Street, Apartment #2, Kirkland Lake, Ontario. P2N IR6,

2) Thnt T flrndunt.r'd frnin f.hn llniloybiiry School of Minr r. a-,

a certified Diamond Driller in 1982. I have had d '..i.akmy licence for the past 9 years.

3) That I was employed as a Diamond Driller for Heath S Sherwood

for l year.

4) That I have been practising as a Geotech Trainee for a period

of nine (9) years and I am qualified to write this report.

5) That I supervised and participated in this survey.

Xj&te Wen'dy" K. W^ller l/ Geotech

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WORK PERFORMED ON THE FOLLOWING CLAIMS THACKERAY TOWNSHIP

L-982293

L-982294

L-982295

L-982308

L-1225974 5 CLAIMS

© Ontario Ministry ofNorthern Developmentand Mines

Declaration of Assessment Work Performed on Mining LandMining Act, Subsection 65(2) end 66(3), R.S.O. 1990

Transaction Number (offtee us*) 103980. CO3S9Assessment Files Research Imaging

Ity of subsections 65(2) and 66(3) of the Mining Act. Under section 8 of the l lo review the assessment work and correspond with the mining land holder. Ing Recorder. Ministry of Northern Development and Mines. 6th Floor.

32D05NW2038 2.19532 THACKERAY 900

Instructions: - For work performed on Crown Lands before recording a claim, use form 0240. - Please type or print in ink.

1. Recorded holder(s) (Attach a list if necessary)Name

PERREX RESOURCES INC.Address

103 GOVERNMENT ROAD EAST,

KIRKLAND LAKE, ONTARIO P2N IA9Name

Al FXANDFR H. PERRONAddress

103 GOVERNMENT ROAD EAST,

KIRKLAND LAKE, ONTARIO P2N IA9

Client Number

#181187Telephone Number(705) 567-3001

Fax Number(705) 567-2158

Client Number#181257

Telephone Number

(705) 567-3001Fax Number(705) 567-2158

2. Type of work performed: Check ( ^ ) and report on only ONE of the following groups for this declaration.

Geotechnical: prospecting, surveys, assays and work under section 18 (regs)

Physical: drilling, stripping, trenching and associated assays Rehabilitation

Work Type

LINE CUTTING AND CHAINING MAGNETOMETER AND ELECTROMAGNETIC SURVEYS

Permed" *om 29 05 99 To Q5 . 06 , 99Day 1 Month | Yaw Day f Month | Y.ir

Global Positioning System Data (il available) Township/AreaTHACKERAY/ELLIOTT

M or G Plan Number

Office UseCommodity

Total S Value of Work Claimed 3 *i 3S

NTS Reference

Mining Division J1 J) ,lAfL\diti -v I'A.O-K-^

Resident Geologist District L/ ' i, i -i f 'i,

Please remember to: - obtain a work permit from the Ministry of Natural Resources as required;- provide proper notice to surface rights holders before starting work;- complete and attach a Statement of Costs, form 0212;- provide a map showing contiguous mining lands that are linked for assigning work;- include two copies of your technical report.

3. Person or companies who prepared the technical report (Attach a list if necessary)Name

MISS WENDY K. WELLERAddress103 GOVERNMENT RD.E., KIRKLAND LAKE, ONTARIO P2N IA9

Telephone Number(705) 567-3001

Fax Number(705) 567-2158

Name

Address

RECEIVED -LARDER LAKE

Telephone Number

MINING DIVISION Fax Number

Name

Address

m Telephone Number

Fax Number

4. Certification by Recorded Holder or Agent RECEIVEDWENDY K. WELLER _______._ , do hereby certify that

(Prinl Name)

forth in this Declaration of Assessment Work having caused the work to b or after its completion and, to the best of my knowledge, the annexed rep

hav. e of the facts set

the same during

Signature of Recorded Holder or tfgsrv^

Agent's Address103 GOVERNMENT RD. E. .KIRKLAND LAKtl*,..... .. ^ ,^ t ^r. ^-^-gg 3r-g

l Telephone NumberONT.P2N IA9^(705) 567-3001

Dale

JUNE 7. 1999Fax Number(705) 567-2158

5. Work to be recorded and distributed. Work can only be assigned lo claims that are contiguous (adjoinirig)Jo the mining land where work was performed, at the time work was performed. A map showing the contiguous link must accompany this form.

Mining Claim Number. Or if work was dona on other eligible mining land, show In this column the location number indicated on the claim map.

eg

eg

eg1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

TB 7827

1234567

1234568

L-982293L-982294 '

L-982295 -

L-982308L-1225974 'L-821802

L-821803

L-821804

L-821805

L-821806L-821807

L -82 1808

L-821820

L-821821L-821823

Number ol Claim Unlta. For other mining land, list hectares.

16 ha

12

2

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

Column Totals

Value of work performed on this claim or other mining land.

S26. 825

0

S 8. 892

S 1,420.00

S 494.00

S 440.00

S 710.00S 871.00

S 3,935.00

Value of work applied to this claim.

N/A

S24,000

9 4.000

l 400.00

S 400.00

S 400.00

S 400.00

S 400.00S 400.00

S 400.00

S 400.00

S 400.00l 335.00

S3, 935. 00

Value of work assigned to other mining claims.

S24,000

0

0

l 1,420.00

S 494.00

S 440.00

S 710.00S 871.00

S 3,935.00

Bank. Value ol work to be distributed at a future dale.

S2.825

0

54,892

I WENDY K. WELLERII ——————————————- , do hereby certify that the above work credits are eligible under(Print Full Name)

subsection 7 (1) of the Assessment Work Regulation 6/96 for assignment to contiguous claims or for application to

the claim where the work was done.Signature of Recorded Holder Dale

JUNE 7, 1999

6. Instructions for cutting back credits that are not approved.

Some of the credits claimed in this declaration may be cut back. Please check ( ^ ) in the boxes below to show how

you wish to prioritize the deletion of credits:

IEP 1. Credits are to be cut back from the Bank first, followed by option 2 or 3 or 4 as indicated.

CU 2. Credits are to be cut back starting with the claims listed last, working backwards; or O 3. Credits are to be cut back equally over all claims listed in this declaration; or

D 4. Credits are to be cut back as prioritized on the attached appendix or as follows (describe):

,. Q O

first,

.U) 5JUN O 8 1993

Note: If you have not indicated how your credits are to be deleted, credits followed by option number 2 if necessary.

For Office Use OnlyReceived Stamp

LARDER LAKc UNiNfl DIVISION

JUN 7 1999

0241 (02/96)

Deemed Approved Dale

Date Approved

Date Notification Sent

Total Value ol Credit Approved

Approved for Recording by Mining Recorder (Signature)

Ontario Ministry ofNorthern Developmentand Mines

Statement of Costs for Assessment Credit

Transaction Number (ellice usa)

Personal Information collected on this form Is obtained under Iho authority of subsection C(1) of the Assessment Work Regulation 6/96. Under section 8 of the Mining Act, the Information Is a public record. This Information will bo used lo review tho assessment work and correspond with the mining land holder. Questions about this collection should bo directed lo the Chief Mining Recorder, Ministry ol Northern Development and Mines. 6th Floor, 933 Ramsay Lake Road, Sudbury. Ontario, P3E BBS.

Work Type

LINE CUTTING 8, CHAINING

MAGNETOMETER SURVEY

ELECTROMAGNETIC SURVEY

Associated Costs (e.g. supplies,

Units of WorkDepending on Ihe type ol work, list Iho number ol hours/days worked, modes ol drillirui, kilo metres ol grid line, number ol samples, etc..

7.7 KM X S275.00 KM

7.7 KM X 5105.00 KM

7.7 KM X 1110.00 KM

mobilization and demobilization).

Transportation Costs

1 TRUCK X 2 DAYS X 105 KM X .30*

1 4-WHEELER X 2 DAYS X S35.007DAY

Food and Lodging Costs

2 PEOPLE X 2 DAYS X S7.007DAY ' .tn r^fck /^" ^- - - RECEIVED

LARDER LAKE

Cost Pnr Unit of work

MINING EMvlbfVjr*Totet,Vali)e of Assessment Work

Total Cost

S 2118.00

S 809.00

S 847.00

-

S 63.00

S 70.00

S 28.00

S 3,935.00

Calculations of Filing Discounts:.'igr 0 2

1. Work filed within two years of performnnco is rl:iimed at 1000Xn ol Ihn nb.-;v: Total Value of Assessment Work.2. If work is tiled after two years and up to five years after perlormancc, it can only be claimed at 500Xo of the Total

Value of Assessment Work. If this situation applies lo your claims, use the calculation below:

TOTAL VALUE OF ASSESSMENT WORK x 0.50 s Total S value of worked claimed.

Note:- Work older than 5 years Is not eligible for credit.- A recorded holder may be required to verify expend request for verification and/or correction/clarification. Minister may reject all or part of the assessment wor submitted.

ment of costs within 45 days of a llon/clnrlficalion Is not made, tho

— JUij Os miGEOSCI1*CE ASSESSMENT ——— UrrlfF~-—— —

, do hereby certify, that the amounts shown are as accurate as may

Certification verifying costs:WENDY K. WELLER

(please print lull name)

reasonably be determined and the costs were incurred white conducting assessment work on the lands indicated or

the accompanying Declaration of Work form as

to make this certification.

-J:^.^^..... ..^.. ......... ....,._.....- l am authorize'(rocoidml holdor, Oficiil. or M.nu Lcnup.'i'y |i.-- ill. i wiiii sunnn'i .iniiuiiily)

Signature. Dale

JUNE 7, 1999

Ministry of Ministers duNorthern Development Developpement du Nordand Mines et des Mines Ontario

Geoscience Assessment Office 933 Ramsey Lake Road

June 23, 1999 6th FloorSudbury, Ontario

Wendy K. Weller P3E 6B5PERREX RESOURCES INC.103 GOVERNMENT ROAD EAST Telephone: (888) 415-9846KIRKLAND LAKE, Ontario Fax: (877)670-1555P2N-1A9

Visit our website at: www.gov.on.ca/MNDM/MINES/LANDS/mlsmnpge.htm

Dear Sir or Madam: Submission Number: 2.19532

Status Subject: Transaction Number(s): W9980.00359 Deemed Approval

We have reviewed your Assessment Work submission with the above noted Transaction Number(s). The attached summary page(s) indicate the results of the review. WE RECOMMEND YOU READ THIS SUMMARY FOR THE DETAILS PERTAINING TO YOUR ASSESSMENT WORK.

If the status for a transaction is a 45 Day Notice, the summary will outline the reasons for the notice, and any steps you can take to remedy deficiencies. The 90-day deemed approval provision, subsection 6(7) of the Assessment Work Regulation, will no longer be in effect for assessment work which has received a 45 Day Notice. Allowable changes to your credit distribution can be made by contacting the Geoscience Assessment Office within this 45 Day period, otherwise assessment credit will be cut back and distributed as outlined in Section #6 of the Declaration of Assessment work form.

Please note any revisions must be submitted in DUPLICATE to the Geoscience Assessment Office, by the - response date on the summary.

If you have any questions regarding this correspondence, please contact Bruce Gates by e-mail at bruce.gates@ndm.gov.on.ca or by telephone at (705) 670-5856.

Yours sincerely,

ORIGINAL SIGNED BYBlair KiteSupervisor, Geoscience Assessment OfficeMining Lands Section

Correspondence ID: 13932

Copy for: Assessment Library

Work Report Assessment Results

Submission Number: 2.19532

Date Correspondence Sent: June 23, 1999 Assessor:Bruce Gates

Transaction NumberW9980.00359

Section:14 Geophysical EM 14 Geophysical MAG

First Claim Number982293

Township(s) l Area(s)THACKERAY, ELLIOTT

StatusDeemed Approval

Approval Date

June 23, 1999

Correspondence to:Resident Geologist Kirkland Lake, ON

Assessment Files Library Sudbury, ON

Recorded Holder(s) and/or Agent(s):Wendy K. WellerPERREX RESOURCES INC.KIRKLAND LAKE, Ontario

ALEXANDER H. PERRON KIRKLAND LAKE, Ontario

Page: 1Correspondence ID: 13932

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THE INFORMATION THAT APPEARS ON THIS MAP HAS BEEN COMPILED FROM VARIOUS SOURCES. AND ACCURACY IS NOT GUARANTEED THOSE WISHING TO STAKE MIN ING CLAIMS SHOULD CON SULT WITH THE MINING RECORDER, MINISTRY OF NORTHERN DEVELOP MENT AND MINES. FOP AD OPTIONAL INFORMATION ON THE STATUS OF THE LANDS SHOWN HEREON

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SYMBOLS

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INSTRUMENTATION

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GWE^Mira^JRCES

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GROUND MAGNETOMETER SURVEY

THACKERAY TOWNSHIP

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LARDER LAKE MINING DIVISION

SCALE - l" ^ 200'

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200 0 200 400

.

REPORT BY -W.K. WELLER.

)RAFTED BY J. R. HENNESSEY.

)ATED. MAY. 1999. (JUNE/SS)

VI A P NO. A^/^A'^.r'

a,

Vertical scale

GWEN RES.K-63 GROUP

GROUND VLF EM SURVEY

THACKERAY TOWNSHIP

SCALE l 11 = 200'

Report by W K Weller

Date May 1999

Drafted by JRH/WKWL 982 307

9822