gold in newfoundland...appalachian and pre-appalachian tectonic evolution of the newfoundland...

4
The Island of Newfoundland represents an emerging, underexplored gold district, where focused exploration for precious metals was essentially non-existent prior to the early 1980's. Gold has been mined from epithermal (gold-copper) and orogenic (gold-only) deposits, and as a by-product in several volcanogenic massive sulphide (VMS) operations. Production from orogenic and VMS deposits is continuing, and a number of new advanced projects are targeting similar deposit styles. Ongoing exploration is also directed at both high- and low-sulphidation epithermal deposits. Recent option- and joint-venture-agreements, coupled with new claim-staking, indicate renewed interest in these underexplored terranes.

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Page 1: GOLD IN NEWFOUNDLAND...Appalachian and pre-Appalachian tectonic evolution of the Newfoundland segment of the orogen. At several discrete intervals, magmatism was accompanied by the

The Island of Newfoundland represents an emerging, underexplored gold district, where focused exploration for precious metals was essentially non-existent prior to the early 1980's. Gold has been mined from epithermal (gold-copper) and orogenic (gold-only) deposits, and as a by-product in several volcanogenic massive sulphide (VMS) operations. Production from orogenic and VMS deposits is continuing, and a number of new advanced projects are targeting similar deposit styles. Ongoing exploration is also directed at both high- and low-sulphidation epithermal deposits. Recent option- and joint-venture-agreements, coupled with new claim-staking, indicate renewed interest in these underexplored terranes.

January 2020

Oro

geni

c

Line

arD

DH

: (H

Pon

d) 3

.40

m @

11.

70 g

/t A

u;(D

ome)

8.6

m @

18.

46 g

/T A

u;(R

oad)

2.7

m @

15.

4 g/

T Au

;(T

he K

nob)

14.

2 m

@ 8

.98

g/t A

u

R. Q

uinl

anTi

tan

DD

H: 3

.3 m

@ 1

0.2

g/t A

u

Moo

sehe

adD

DH

: 11.

9m @

44.

9 g/

t Au;

24.

90m

@ 3

3.56

g/t

Au;

5.10

m @

124

.20g

/t A

u

VM

SVu

lcan

Min

eral

s In

c.

Colc

hest

erD

DH

: 5.8

m @

3.9

1 g/

t Au,

2.8

1% C

u;4.

5m @

5.6

0 g/

t Au,

2.3

0% Z

n

Terr

aX M

iner

als

Inc.

Stew

art

DD

H: 1

11m

@ 0

.13

g/t A

u, 0

.05%

Cu

Epit

herm

al /

Porp

hyry

DD

H: 8

9.2

m @

0.4

1 g/

t Au

and

15.4

g/t

Ag

Big

Easy

Cart

ier I

ron

Corp

orat

ion

Oth

erD

. Hic

ksLi

ttle

Riv

erD

DH

: (W

olf P

ond

Zone

) 2.5

m @

5.8

g/t

Au;

(22

Wes

t Zon

e) 2

.5 m

@ 4

.9 g

/t A

u;D

DH

: 3.0

m @

4.8

g/t

Au;

0.9

m @

30.

6% S

b

Qua

dro

Reso

urce

s Lt

d.St

agho

rnD

DH

: 26.

3 m

@ 1

.37

g/t A

u

Soko

man

Min

eral

s Co

rp.

New

Fou

nd G

old

Corp

.

DD

H: 5

.50

m @

5.4

9 g/

t Au

and

133.

51 g

/t A

g H

erita

gePu

ddle

Pon

d Re

sour

ces

Inc.

Epit

herm

al

REPR

ESEN

TATI

VE

GO

LD O

CCU

RREN

CES

WIT

H D

RILL

DAT

A

VM

STu

lks

Sout

h(B

oom

eran

g) 1

,364

,600

t in

dica

ted*

@ 7

.1%

Zn,

3.0

%

Pb, 0

.5%

Cu,

110

g/t

Ag

and

1.7

g/t A

u

Intr

usio

n-ho

sted

R. a

nd L

. Qui

nlan

H

uxte

r Lan

e

(Mos

quito

Hill

) 11,

180,

000

t ind

icat

ed*

@ 0

.546

g/t

Au;

38

,760

,000

t in

ferr

ed*

@ 0

.457

g/t

Au

Silv

ertip

Exp

lora

tion

Cons

ulta

nts

Inc.

Brad

y

(Rei

d Po

rphy

ry Z

one)

5,9

90,0

00 t

infe

rred

* @

0.5

88 g

/t A

u

Firs

t Min

ing

Gol

d Co

rp.

H

ope

Broo

k5,

500,

000

t ind

icat

ed*

@ 4

.77

g/t A

u;83

6,00

0 t I

nfer

red*

@ 4

.11

g/t A

u

(Lem

arch

ant)

2.4

20,0

00 t

indi

cate

d* @

6.1

5% Z

n,1.

60%

Pb,

0.6

8% C

u, 1

.22

g/t A

u, 6

4.0

g/t A

gan

d 23

.5%

bar

ite56

0,00

0 t i

nfer

red*

@ 4

.68%

Zn,

1.0

8% P

b,0.

45%

Cu,

1.0

6 g/

t Au,

44.

7 g/

t Ag

and

13.1

% b

arite

Sout

h Ta

lly P

ond

Nor

Zinc

Ltd

.

Poin

t Lea

min

gton

14,1

00,0

00 t

infe

rred

* @

1.8

6% Z

n, 0

.42%

Cu,

0.

02%

Pb,

17.

12 g

/t A

g an

d 1.

07 g

/t A

u Ca

lline

x M

ines

Inc.

Epit

herm

al

Mar

atho

n G

old

Corp

orat

ion

Vale

ntin

e La

ke G

reen

Bay

Mou

ntai

n La

ke M

iner

als

Inc.

G

love

r Isl

and

(Lun

ch P

ond

Sout

h Ex

tens

ion

Zone

) 1,

029,

000

t Ind

icat

ed*

@ 1

.76

g/t A

u;2,

076,

000

Infe

rred

* @

1.81

g/t

Au

Oro

geni

c

Mar

itim

e Re

sour

ces

Corp

.

(All

depo

sits

) 45,

146,

000

t mea

sure

d an

d in

dica

ted*

@ 1

.854

g/t

Au;

26

,857

,000

infe

rred

* @

1.7

74g/

t Au

(Orio

n) 1

,096

,000

t m

easu

red

and

indi

cate

d*

@ 4

.47

g/t A

u;1,

288,

000

t inf

erre

d* @

5.4

4 g/

t Au

(Ham

mer

dow

n) 7

27,5

00 t

mea

sure

d an

d in

dica

ted*

@

11.

59 g

/t A

u;1,

767,

000

t inf

erre

d* @

7.6

8 g/

t Au

Cape

Ray

M

atad

or M

inin

g Lt

d.

Gre

at A

tlant

ic R

esou

rces

Cor

p.

Gol

den

Prom

ise

(Jac

lyn

Zone

) 357

,500

t in

ferr

ed*

@ 9

.3 g

/t A

u

Ana

cond

a M

inin

g In

c.G

reat

Nor

ther

n(T

hor)

937

,000

t in

dica

ted*

@ 2

.09

g/t A

u;35

0,00

0 t I

nfer

red*

@ 1

.79

g/t A

u(R

attli

ng B

rook

) 5,4

60,0

00 t

infe

rred

* @

1.4

5 g/

t Au

(Cen

tral

Zon

e) 7

,686

,600

t in

dica

ted*

@

2.7

g/t

Au

and

7.6

g/t A

g;

2,03

0,70

0 t i

nfer

red*

@ 2

.3 g

/t A

u an

d 8.

0 g/

t Ag

(Isle

aux

Mor

t ) 7

82,6

00 t

infe

rred

* @

2.4

g/t

Au

(Big

Pon

d an

d W

indo

w G

lass

Hill

) 3,7

45,7

00 t

infe

rred

* @

1.3

g/t

Au

AD

VAN

CED

PRO

JECT

S W

ITH

RES

OU

RCE

ESTI

MAT

ES

Poin

t Rou

sse

(Arg

yle)

543

,000

t in

dica

ted*

@ 2

.19

g/t A

u;51

7,00

0 f i

nfer

red*

@ 1

.82

g/t A

u

Ana

cond

a M

inin

g In

c.

Poin

t Rou

sse

/Pi

ne C

ove

(PP)

863,

500

t ind

icat

ed*

@ 2

.07

g/t A

u

Rich

mon

t Min

es In

c. (1

)N

ugge

t Pon

d (P

P)48

8,00

0 t @

11.

1 g/

t Au

Rich

mon

t Min

es In

c. (2

)H

amm

erdo

wn

(PP)

315,

000

t @ 1

6.1

g/t A

u

Min

g M

iner

als

Inc.

(3)

Stog

'er T

ight

(PP)

Prod

uctio

n by

Min

g M

iner

als

of1,

952

ounc

es A

u an

d 86

1 ou

nces

Ag

BP C

anad

a In

c./

Roya

l Oak

Min

es In

c. (4

) H

ope

Broo

k (P

P)11

,200

,000

t @

4.5

4 g/

t Au

Buch

ans

(PP)

16,1

96,8

76 t

@ 1

4.5%

Zn,

7.6

% P

b,1.

3% C

u, 1

26 g

/t A

g an

d 1.

4 g/

t Au

Cons

olid

ated

Ram

bler

Min

es L

imite

d (6

)Ra

mbl

er (P

P)(M

ain)

399

,000

t @

1.3

% C

u, 5

.1 g

/t A

u;(M

ing)

1,9

91,5

92 t

@ 3

.7%

Cu,

22

g/t

Ag

and

2.4

g/t A

u

Firs

t Mar

itim

e M

inin

g Co

rpor

atio

n (7

)Ti

lt Co

ve (P

P)Pr

oduc

ed 4

2,42

5 oz

gol

d as

byp

rodu

ct

Atla

ntic

Coa

st C

oppe

r (8)

Litt

le B

ay (P

P)Pr

oduc

ed 6

,271

oz

gold

as

bypr

oduc

t

Oro

geni

c

VM

S

Asa

rco

Inc.

(5)

Ram

bler

Met

als

and

Min

ing

plc

Ram

bler

(P)

D

uck

Pond

(PP)

4,10

0,00

0 t @

3.3

% C

u, 5

.7%

Zn,

59

g/t A

gan

d 0.

9 g/

t Au

Teck

Res

ourc

es L

imite

d

476,

300t

@1.

39 A

u

Epit

herm

al

CURR

ENT

AN

D P

AST

PRO

DU

CERS

Ow

ner/

Opt

ione

e/Co

ntac

tPr

oper

ty(Z

one)

/ Re

sour

ce /

Dri

ll In

ters

ecti

on

Ow

ner/

Opt

ione

e/Co

ntac

tPr

oper

tyRe

sour

ce

JBP

Line

arU

nity

Res

ourc

es In

c.D

DH

: (Po

cket

Pon

d) 1

1.90

m @

11.

11 g

/t A

u

Ant

ler G

old

Inc.

Wild

ing

Lake

DD

H: (

Elm

Zon

e) 5

.35m

@ 1

0.0

g/t A

u

KEY:

PP=

Past

Pro

duce

r P=

Prod

ucer

*43

-101

or J

ORC

com

plia

nt R

esou

rce

Estim

ate

Curr

ent h

olde

r (1)

Ram

bler

Met

als

and

Min

ing

Cana

da (2

) Mar

itim

e Re

sour

ces

Corp

. (3)

Ana

cond

a M

inin

g In

c.(4

) Firs

t Min

ing

Gol

d Co

rp. (

5) B

ucha

ns R

esou

rces

Ltd

. (6)

Ram

bler

Met

als

and

Min

ing

Cana

da(7

) Met

als

Cree

k Re

sour

ces

Corp

. (8)

Vul

can

Min

eral

s In

c.

Thre

shol

dD

DH

inte

rsec

tion

g/t

Au

x m

> 1

0

DD

H: 6

.4 m

@ 2

.26

g/t A

uCl

arks

Bro

okM

etal

s Cr

eek

Reso

urce

s Co

rp.

23,4

48,0

00 m

easu

red

and

indi

cate

d*@

1.6

4% C

u, 0

.32g

/t A

u an

d 2.

52g/

t Ag

Poin

t Rou

sse

/St

og'e

r Tig

ht (P

)20

4,00

0 t i

ndic

ated

* @

3.5

9 g/

t Au;

25

2,00

0 t I

nfer

red*

@ 3

.27

g/t A

u

Page 2: GOLD IN NEWFOUNDLAND...Appalachian and pre-Appalachian tectonic evolution of the Newfoundland segment of the orogen. At several discrete intervals, magmatism was accompanied by the

B

B

BB

B

B

B

B

B

B

BB

B

B

B

B

BBBB

0 50 100

Kilometres

BB

BB Current gold producers

Gold showing Past gold producers

Siluro-Devonian

epithermal gold systems

are hosted by early

Paleozoic subaerial

volcanic rocks and

terrestrial and marine

sedimentary rocks.

Gold is hosted by Late

Proterozoic and Paleozoic

intrusions in disparate settings.

Some of the most important

deposits occur where intrusions

are spatially associated with

major crustal structures.

Orogenic gold of Paleozoic

age is associated with

mesothermal-style

quartz-sulphide veins and

quartz-carbonate shear

zones in a variety of

deformed metamorphic

terranes.

Orogenic gold systems

occur in mid-Paleozoic

slate belts developed in

Ordovician and Silurian

sediments.

Cambro-Ordovician

gold-bearing

hydrothermal systems

are typically associated

with the formation of

volcanogenic massive

sulphide deposits.

Large-scale gold-bearing

systems of late Proterozoic

age include well-preserved,

low- and high-sulphidation

epithermal examples, and

intrusion-related

mineralization.

DUNNAGEZONE

HUMBERZONE

GANDER ZONE

AVALON ZONE

AVALON ZONENeoproterozoic to Ordovician

Subaerial-marinesedimentary rocks

Mafic and felsic volcanicrocks

DUNNAGE & GANDER ZONESCambrian to Silurian

Marine clastic and volcanic rocks

Ophiolitic rocks

Metasedimentary rocks and migmatite

Neoproterozoic-Ordovician

Platformal carbonate rocks

Clastic and metasedimentaryrocks

Basal clastic, carbonate and volcanic rocks

Gneisses and granites

Mesoproterozoic and Neoproterozoic

Neoproterozoic to OrdovicianHUMBER ZONE

INTRUSIVE ROCKS

Ordovician-Devonian intrusions

Neoproterozoic intrusions

Devonian to Carboniferous sedimentary rocks

Silurian sedimentary and volcanic rocks

OVERLAP SEQUENCES

Key

Current producer

Past producer

Project with resource estimate

Occurrence with drill-hole data

CANADA

U.S.A.

U.S.A.

Geology and Tectonic Zones: Island of Newfoundland

showing producers, past-producers and principal gold occurrences

(representative projects with resource estimates and drill-hole data)

Bay d’Espoir

Gander

Grand Falls

CornerBrook

Gander

Grand Falls

CornerBrook

St. John’sPort aux Basques

HammerdownNugget Pond

Orion

Tilt Cove

Jackson’s Arm

Stog’er Tight

ColchesterViking

Little Bay

Point Leamington

Valentine Lake

GoldenPromise

Buchans

Huxter-Lane/Brady

Little River

Moosehead JBP Linear

Knob

Lemarchant

Titan

Cape Ray

Glover Island

Kitchen

Boomerang

Staghorn

Hope Brook

Stewart

Big Easy

Heritage

Pine Cove

Rambler

Clarks BrookDuck Pond

HammerdownNugget Pond

Orion

Tilt Cove

Rattling Brook/Jackson’s

Arm

Stog’er Tight

ColchesterThor/Viking

Little Bay

Point Leamington

Valentine Lake

GoldenPromise

Buchans

Huxter-Lane/Brady

Little River

Moosehead JBP Linear

Knob

Lemarchant

Titan

Cape Ray

Glover Island

Kitchen

Boomerang

Staghorn

Hope Brook

Stewart

Big Easy

Heritage

Pine Cove

Rambler

Duck Pond Clarks Brook

0 20 40 60 80

kilometres

100

Widespread magmatism and deformation characterized the

Appalachian and pre-Appalachian tectonic evolution of the

Newfoundland segment of the orogen. At several discrete

intervals, magmatism was accompanied by the formation of

large-scale gold-bearing hydrothermal alteration systems at

di�erent crustal levels. These systems host gold orebodies in

both Late Proterozoic and Paleozoic rocks, and in many

instances, are associated with major crustal structures.

Several of the styles and settings of gold mineralization are

analogous, at varying levels of detail, with world-class

deposits in ancient deformed terranes and in

Mesozoic-Cenozoic belts. These include epithermal,

orogenic, sediment-hosted and intrusion-related deposit

types. This unique geological setting creates an excellent

opportunity for new mineral discoveries in an

underexplored, readily accessible mineral district.

The Island of Newfoundland, situated off the Atlantic coast of mainland Canada, is part of the larger Appalachian-Caledonian orogenic belt. Its geology records the development and destruction of an ancient proto-Atlantic Ocean, a cycle that culminated in the mid-Paleozoic collision of pre-Appalachian crustal blocks of mid- to late Proterozoic age and contrasting tectonic origin. Vestiges of this ancient ocean are extensively preserved in the central part of the island, within the Dunnage Zone. This medial region is bounded by contrasting Proterozoic to early Paleozoic elements of the opposing continental margins: Gander and Avalon zones to the east and Humber Zone to the west.

GOLD IN NEWFOUNDLAND

Front Cover: photo courtesy of Marathon Gold Corp.

Wilding LakeWilding Lake

Hickeys PondHickeys Pond

Page 3: GOLD IN NEWFOUNDLAND...Appalachian and pre-Appalachian tectonic evolution of the Newfoundland segment of the orogen. At several discrete intervals, magmatism was accompanied by the

B

B

BB

B

B

B

B

B

B

BB

B

B

B

B

BBBB

0 50 100

Kilometres

BB

BB Current gold producers

Gold showing Past gold producers

Siluro-Devonian

epithermal gold systems

are hosted by early

Paleozoic subaerial

volcanic rocks and

terrestrial and marine

sedimentary rocks.

Gold is hosted by Late

Proterozoic and Paleozoic

intrusions in disparate settings.

Some of the most important

deposits occur where intrusions

are spatially associated with

major crustal structures.

Orogenic gold of Paleozoic

age is associated with

mesothermal-style

quartz-sulphide veins and

quartz-carbonate shear

zones in a variety of

deformed metamorphic

terranes.

Orogenic gold systems

occur in mid-Paleozoic

slate belts developed in

Ordovician and Silurian

sediments.

Cambro-Ordovician

gold-bearing

hydrothermal systems

are typically associated

with the formation of

volcanogenic massive

sulphide deposits.

Large-scale gold-bearing

systems of late Proterozoic

age include well-preserved,

low- and high-sulphidation

epithermal examples, and

intrusion-related

mineralization.

DUNNAGEZONE

HUMBERZONE

GANDER ZONE

AVALON ZONE

AVALON ZONENeoproterozoic to Ordovician

Subaerial-marinesedimentary rocks

Mafic and felsic volcanicrocks

DUNNAGE & GANDER ZONESCambrian to Silurian

Marine clastic and volcanic rocks

Ophiolitic rocks

Metasedimentary rocks and migmatite

Neoproterozoic-Ordovician

Platformal carbonate rocks

Clastic and metasedimentaryrocks

Basal clastic, carbonate and volcanic rocks

Gneisses and granites

Mesoproterozoic and Neoproterozoic

Neoproterozoic to OrdovicianHUMBER ZONE

INTRUSIVE ROCKS

Ordovician-Devonian intrusions

Neoproterozoic intrusions

Devonian to Carboniferous sedimentary rocks

Silurian sedimentary and volcanic rocks

OVERLAP SEQUENCES

Key

Current producer

Past producer

Project with resource estimate

Occurrence with drill-hole data

CANADA

U.S.A.

U.S.A.

Geology and Tectonic Zones: Island of Newfoundland

showing producers, past-producers and principal gold occurrences

(representative projects with resource estimates and drill-hole data)

Bay d’Espoir

Gander

Grand Falls

CornerBrook

Gander

Grand Falls

CornerBrook

St. John’sPort aux Basques

HammerdownNugget Pond

Orion

Tilt Cove

Jackson’s Arm

Stog’er Tight

ColchesterViking

Little Bay

Point Leamington

Valentine Lake

GoldenPromise

Buchans

Huxter-Lane/Brady

Little River

Moosehead JBP Linear

Knob

Lemarchant

Titan

Cape Ray

Glover Island

Kitchen

Boomerang

Staghorn

Hope Brook

Stewart

Big Easy

Heritage

Pine Cove

Rambler

Clarks BrookDuck Pond

HammerdownNugget Pond

Orion

Tilt Cove

Rattling Brook/Jackson’s

Arm

Stog’er Tight

ColchesterThor/Viking

Little Bay

Point Leamington

Valentine Lake

GoldenPromise

Buchans

Huxter-Lane/Brady

Little River

Moosehead JBP Linear

Knob

Lemarchant

Titan

Cape Ray

Glover Island

Kitchen

Boomerang

Staghorn

Hope Brook

Stewart

Big Easy

Heritage

Pine Cove

Rambler

Duck Pond Clarks Brook

0 20 40 60 80

kilometres

100

Widespread magmatism and deformation characterized the

Appalachian and pre-Appalachian tectonic evolution of the

Newfoundland segment of the orogen. At several discrete

intervals, magmatism was accompanied by the formation of

large-scale gold-bearing hydrothermal alteration systems at

di�erent crustal levels. These systems host gold orebodies in

both Late Proterozoic and Paleozoic rocks, and in many

instances, are associated with major crustal structures.

Several of the styles and settings of gold mineralization are

analogous, at varying levels of detail, with world-class

deposits in ancient deformed terranes and in

Mesozoic-Cenozoic belts. These include epithermal,

orogenic, sediment-hosted and intrusion-related deposit

types. This unique geological setting creates an excellent

opportunity for new mineral discoveries in an

underexplored, readily accessible mineral district.

The Island of Newfoundland, situated off the Atlantic coast of mainland Canada, is part of the larger Appalachian-Caledonian orogenic belt. Its geology records the development and destruction of an ancient proto-Atlantic Ocean, a cycle that culminated in the mid-Paleozoic collision of pre-Appalachian crustal blocks of mid- to late Proterozoic age and contrasting tectonic origin. Vestiges of this ancient ocean are extensively preserved in the central part of the island, within the Dunnage Zone. This medial region is bounded by contrasting Proterozoic to early Paleozoic elements of the opposing continental margins: Gander and Avalon zones to the east and Humber Zone to the west.

GOLD IN NEWFOUNDLAND

Front Cover: photo courtesy of Marathon Gold Corp.

Wilding LakeWilding Lake

Hickeys PondHickeys Pond

Page 4: GOLD IN NEWFOUNDLAND...Appalachian and pre-Appalachian tectonic evolution of the Newfoundland segment of the orogen. At several discrete intervals, magmatism was accompanied by the

The Island of Newfoundland represents an emerging, underexplored gold district, where focused exploration for precious metals was essentially non-existent prior to the early 1980's. Gold has been mined from epithermal (gold-copper) and orogenic (gold-only) deposits, and as a by-product in several volcanogenic massive sulphide (VMS) operations. Production from orogenic and VMS deposits is continuing, and a number of new advanced projects are targeting similar deposit styles. Ongoing exploration is also directed at both high- and low-sulphidation epithermal deposits. Recent option- and joint-venture-agreements, coupled with new claim-staking, indicate renewed interest in these underexplored terranes.

January 2020

Oro

geni

c

Line

arD

DH

: (H

Pon

d) 3

.40

m @

11.

70 g

/t A

u;(D

ome)

8.6

m @

18.

46 g

/T A

u;(R

oad)

2.7

m @

15.

4 g/

T Au

;(T

he K

nob)

14.

2 m

@ 8

.98

g/t A

u

R. Q

uinl

anTi

tan

DD

H: 3

.3 m

@ 1

0.2

g/t A

u

Moo

sehe

adD

DH

: 11.

9m @

44.

9 g/

t Au;

24.

90m

@ 3

3.56

g/t

Au;

5.10

m @

124

.20g

/t A

u

VM

SVu

lcan

Min

eral

s In

c.

Colc

hest

erD

DH

: 5.8

m @

3.9

1 g/

t Au,

2.8

1% C

u;4.

5m @

5.6

0 g/

t Au,

2.3

0% Z

n

Terr

aX M

iner

als

Inc.

Stew

art

DD

H: 1

11m

@ 0

.13

g/t A

u, 0

.05%

Cu

Epit

herm

al /

Porp

hyry

DD

H: 8

9.2

m @

0.4

1 g/

t Au

and

15.4

g/t

Ag

Big

Easy

Cart

ier I

ron

Corp

orat

ion

Oth

erD

. Hic

ksLi

ttle

Riv

erD

DH

: (W

olf P

ond

Zone

) 2.5

m @

5.8

g/t

Au;

(22

Wes

t Zon

e) 2

.5 m

@ 4

.9 g

/t A

u;D

DH

: 3.0

m @

4.8

g/t

Au;

0.9

m @

30.

6% S

b

Qua

dro

Reso

urce

s Lt

d.St

agho

rnD

DH

: 26.

3 m

@ 1

.37

g/t A

u

Soko

man

Min

eral

s Co

rp.

New

Fou

nd G

old

Corp

.

DD

H: 5

.50

m @

5.4

9 g/

t Au

and

133.

51 g

/t A

g H

erita

gePu

ddle

Pon

d Re

sour

ces

Inc.

Epit

herm

al

REPR

ESEN

TATI

VE

GO

LD O

CCU

RREN

CES

WIT

H D

RILL

DAT

A

VM

STu

lks

Sout

h(B

oom

eran

g) 1

,364

,600

t in

dica

ted*

@ 7

.1%

Zn,

3.0

%

Pb, 0

.5%

Cu,

110

g/t

Ag

and

1.7

g/t A

u

Intr

usio

n-ho

sted

R. a

nd L

. Qui

nlan

H

uxte

r Lan

e

(Mos

quito

Hill

) 11,

180,

000

t ind

icat

ed*

@ 0

.546

g/t

Au;

38

,760

,000

t in

ferr

ed*

@ 0

.457

g/t

Au

Silv

ertip

Exp

lora

tion

Cons

ulta

nts

Inc.

Brad

y

(Rei

d Po

rphy

ry Z

one)

5,9

90,0

00 t

infe

rred

* @

0.5

88 g

/t A

u

Firs

t Min

ing

Gol

d Co

rp.

H

ope

Broo

k5,

500,

000

t ind

icat

ed*

@ 4

.77

g/t A

u;83

6,00

0 t I

nfer

red*

@ 4

.11

g/t A

u

(Lem

arch

ant)

2.4

20,0

00 t

indi

cate

d* @

6.1

5% Z

n,1.

60%

Pb,

0.6

8% C

u, 1

.22

g/t A

u, 6

4.0

g/t A

gan

d 23

.5%

bar

ite56

0,00

0 t i

nfer

red*

@ 4

.68%

Zn,

1.0

8% P

b,0.

45%

Cu,

1.0

6 g/

t Au,

44.

7 g/

t Ag

and

13.1

% b

arite

Sout

h Ta

lly P

ond

Nor

Zinc

Ltd

.

Poin

t Lea

min

gton

14,1

00,0

00 t

infe

rred

* @

1.8

6% Z

n, 0

.42%

Cu,

0.

02%

Pb,

17.

12 g

/t A

g an

d 1.

07 g

/t A

u Ca

lline

x M

ines

Inc.

Epit

herm

al

Mar

atho

n G

old

Corp

orat

ion

Vale

ntin

e La

ke G

reen

Bay

Mou

ntai

n La

ke M

iner

als

Inc.

G

love

r Isl

and

(Lun

ch P

ond

Sout

h Ex

tens

ion

Zone

) 1,

029,

000

t Ind

icat

ed*

@ 1

.76

g/t A

u;2,

076,

000

Infe

rred

* @

1.81

g/t

Au

Oro

geni

c

Mar

itim

e Re

sour

ces

Corp

.

(All

depo

sits

) 45,

146,

000

t mea

sure

d an

d in

dica

ted*

@ 1

.854

g/t

Au;

26

,857

,000

infe

rred

* @

1.7

74g/

t Au

(Orio

n) 1

,096

,000

t m

easu

red

and

indi

cate

d*

@ 4

.47

g/t A

u;1,

288,

000

t inf

erre

d* @

5.4

4 g/

t Au

(Ham

mer

dow

n) 7

27,5

00 t

mea

sure

d an

d in

dica

ted*

@

11.

59 g

/t A

u;1,

767,

000

t inf

erre

d* @

7.6

8 g/

t Au

Cape

Ray

M

atad

or M

inin

g Lt

d.

Gre

at A

tlant

ic R

esou

rces

Cor

p.

Gol

den

Prom

ise

(Jac

lyn

Zone

) 357

,500

t in

ferr

ed*

@ 9

.3 g

/t A

u

Ana

cond

a M

inin

g In

c.G

reat

Nor

ther

n(T

hor)

937

,000

t in

dica

ted*

@ 2

.09

g/t A

u;35

0,00

0 t I

nfer

red*

@ 1

.79

g/t A

u(R

attli

ng B

rook

) 5,4

60,0

00 t

infe

rred

* @

1.4

5 g/

t Au

(Cen

tral

Zon

e) 7

,686

,600

t in

dica

ted*

@

2.7

g/t

Au

and

7.6

g/t A

g;

2,03

0,70

0 t i

nfer

red*

@ 2

.3 g

/t A

u an

d 8.

0 g/

t Ag

(Isle

aux

Mor

t ) 7

82,6

00 t

infe

rred

* @

2.4

g/t

Au

(Big

Pon

d an

d W

indo

w G

lass

Hill

) 3,7

45,7

00 t

infe

rred

* @

1.3

g/t

Au

AD

VAN

CED

PRO

JECT

S W

ITH

RES

OU

RCE

ESTI

MAT

ES

Poin

t Rou

sse

(Arg

yle)

543

,000

t in

dica

ted*

@ 2

.19

g/t A

u;51

7,00

0 f i

nfer

red*

@ 1

.82

g/t A

u

Ana

cond

a M

inin

g In

c.

Poin

t Rou

sse

/Pi

ne C

ove

(PP)

863,

500

t ind

icat

ed*

@ 2

.07

g/t A

u

Rich

mon

t Min

es In

c. (1

)N

ugge

t Pon

d (P

P)48

8,00

0 t @

11.

1 g/

t Au

Rich

mon

t Min

es In

c. (2

)H

amm

erdo

wn

(PP)

315,

000

t @ 1

6.1

g/t A

u

Min

g M

iner

als

Inc.

(3)

Stog

'er T

ight

(PP)

Prod

uctio

n by

Min

g M

iner

als

of1,

952

ounc

es A

u an

d 86

1 ou

nces

Ag

BP C

anad

a In

c./

Roya

l Oak

Min

es In

c. (4

) H

ope

Broo

k (P

P)11

,200

,000

t @

4.5

4 g/

t Au

Buch

ans

(PP)

16,1

96,8

76 t

@ 1

4.5%

Zn,

7.6

% P

b,1.

3% C

u, 1

26 g

/t A

g an

d 1.

4 g/

t Au

Cons

olid

ated

Ram

bler

Min

es L

imite

d (6

)Ra

mbl

er (P

P)(M

ain)

399

,000

t @

1.3

% C

u, 5

.1 g

/t A

u;(M

ing)

1,9

91,5

92 t

@ 3

.7%

Cu,

22

g/t

Ag

and

2.4

g/t A

u

Firs

t Mar

itim

e M

inin

g Co

rpor

atio

n (7

)Ti

lt Co

ve (P

P)Pr

oduc

ed 4

2,42

5 oz

gol

d as

byp

rodu

ct

Atla

ntic

Coa

st C

oppe

r (8)

Litt

le B

ay (P

P)Pr

oduc

ed 6

,271

oz

gold

as

bypr

oduc

t

Oro

geni

c

VM

S

Asa

rco

Inc.

(5)

Ram

bler

Met

als

and

Min

ing

plc

Ram

bler

(P)

D

uck

Pond

(PP)

4,10

0,00

0 t @

3.3

% C

u, 5

.7%

Zn,

59

g/t A

gan

d 0.

9 g/

t Au

Teck

Res

ourc

es L

imite

d

476,

300t

@1.

39 A

u

Epit

herm

al

CURR

ENT

AN

D P

AST

PRO

DU

CERS

Ow

ner/

Opt

ione

e/Co

ntac

tPr

oper

ty(Z

one)

/ Re

sour

ce /

Dri

ll In

ters

ecti

on

Ow

ner/

Opt

ione

e/Co

ntac

tPr

oper

tyRe

sour

ce

JBP

Line

arU

nity

Res

ourc

es In

c.D

DH

: (Po

cket

Pon

d) 1

1.90

m @

11.

11 g

/t A

u

Ant

ler G

old

Inc.

Wild

ing

Lake

DD

H: (

Elm

Zon

e) 5

.35m

@ 1

0.0

g/t A

u

KEY:

PP=

Past

Pro

duce

r P=

Prod

ucer

*43

-101

or J

ORC

com

plia

nt R

esou

rce

Estim

ate

Curr

ent h

olde

r (1)

Ram

bler

Met

als

and

Min

ing

Cana

da (2

) Mar

itim

e Re

sour

ces

Corp

. (3)

Ana

cond

a M

inin

g In

c.(4

) Firs

t Min

ing

Gol

d Co

rp. (

5) B

ucha

ns R

esou

rces

Ltd

. (6)

Ram

bler

Met

als

and

Min

ing

Cana

da(7

) Met

als

Cree

k Re

sour

ces

Corp

. (8)

Vul

can

Min

eral

s In

c.

Thre

shol

dD

DH

inte

rsec

tion

g/t

Au

x m

> 1

0

DD

H: 6

.4 m

@ 2

.26

g/t A

uCl

arks

Bro

okM

etal

s Cr

eek

Reso

urce

s Co

rp.

23,4

48,0

00 m

easu

red

and

indi

cate

d*@

1.6

4% C

u, 0

.32g

/t A

u an

d 2.

52g/

t Ag

Poin

t Rou

sse

/St

og'e

r Tig

ht (P

)20

4,00

0 t i

ndic

ated

* @

3.5

9 g/

t Au;

25

2,00

0 t I

nfer

red*

@ 3

.27

g/t A

u