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January ?3rd, 1956.

Mr. George H. Clare, Suit. 6U, 62 Riohaond StrtHit, TORONTO, Ontario.

Dear Siri

I Bbould b* inUra.Ud in hoaring d-Uila of

property in th. Maalnc* ATM.

Tour* very truly,

SILVANITE GOLD KIBES, LIMITED EXPLORATIOB

UDSl *t

your copper

Hallao* D. Stroud, Superintendent.

--i .T

or-' MINES

STE, MAR, E. QNT.

Mr. Lloyd L. Ross, - 2 - February 15th, 1956.

Our usual clauses covering a Vendors' representative to keep in touch with the work done on the ground before the formation of the New Company, copies of all plans, drill logs, etc., to be furnished the Vendors if the option la terminated at any time, splitting of drill cores and so on will of course be included.

Sylvanite will undertake to do one year's Assessment Work on the Claims.

These are, I think, the points we discussed.

There is, however, one other point. The claims should all be transferred and recorded in the name or names of the person or persons who sign the formal agreement. I forgot to mention it to you, but it is naturally a necessary provision and you should do this as soon as you get the Work question straightened out.

Before you accept this you will doubtless want to make certain ab'-ut the Work and consult your partners. Ten days should be sufficient I should think. If this looks all right to you please sign at the bottom.

I am sending you two copies and one tc Mr. Clare*

I hope we make a mine.

Yours very truly,

SYLVANITE GOLD MINES, LIMITED EXPLORATION DEPARTMENT

WDS:at Wallace D. Stroud,Superintendent.

c.c. - Mr. George H. ClareMr. Welles V. Moot '."n.Mr. K. C. Gray.

Accepted:

Lloyd L. Ross (Signature)

Sylvanite will notify the vendors not later than August 31st, 1956 whether or not they intend going ahead with the option. If they do not relinquish it at that time they will undertake to do a further two rears' assessment work.

Lloyd L. Ross (Signature)

(COPY)

Mr. Lloyd L. Rosa, Detroit Exploration Co., 2411 Bonner Street, DETROIT 20, Michigan, U.S.A.

February 16th, 1956,

Dear Sir: RE: Claims S .3.H. 293U to 29361 inclusive ____in Mamalnse Area of Algoma

As I promised during our conversation in Mr. Clare's office on February 15th, I ara pleased to submit the following offer.

Subjfcct to a satisfactory Extension for Assessment work from the Department of Mines of six months from March 31st or until September, 1956, we offer to pay you 350.00 for an option on the above claims to give us sufficient time to make an examination after the snow is gone, or until say June 1st, 1956, at latest.

If the examination is satisfactory a formal agreement will be drawn up with the following option payments:-

Cn signing, say, June 1st, 1956December 1st, 1956 June 1st, 1957 December 1st, 1957 June 1st, 1958

Si,000 U,000 *5,000 15,000 ?5,000

making a tota^ of J20,000.

Within three months of the final payment a New Company with 3,000,000 shares will be formed and 300,000 treasury shares given to the vendors, free of any arrangements which would cause this stock to be tied up in any 'way.

The remainder of the New Company stock will be optioned by Sylvanite as follows:-

400,4CC,400,400,400,400,300,

000000000000000000000

ee@@@@e

10*15*20*25*50*75*

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sharep hareshareshareshareshareshare

GEOLOG i. O,,:'. D L..- r. ^,-- MINES

SAULT STE. MARIE, ONT.

The Vendors shall be entitled to appoint one member to the Board of Directors of the New Company.

February Uth, 1936.

Mr. lloyd L. toss. Detroit adoration Co., 2411 Boner Street,omtorr 20, Michigan, U.S.A.

D*ex Slri RE l Claims S.?. M. 2934X to 79361 Inclusive la Maaalnse Area of

Aa l prooiiwd during our oonversation la Kr. Clare*s of f lo* on february 15th, I aa pleased to submit the following offer.

Subject to a satisfactory Bxtoncioa for A*****s*nt work from tb* D*p*rta*nt of NLnMi of *lx winth* fro* March 31*t or uatll 3*pUmb*r, 1956, w* offfer to p*y you I50.CT for an option oo tb* abov* olalm to glv* u* *uffiol*nt tin* to aak* an xaalmtion aTV*r th* snow l* foot, or until say June 1st, 1956 t l*t*rt.

If th* examination is atlifaetory a foroal afr*oa*rt will b* drawn up with th* following option

On t nay, June l*t, 1956D*9*abor 1st, 1956 June 1st, 1957 Deo*3ber 1st, 1957 Jum lit, 1958

SI,000U,ooo15,000 5,000 15,000

aking a total of 120,000.

Within three Months of the final payment a New Co*t*iny with 3,000,000 will be formed and 300,000 treasury share i given to the vendors, free of

arrangements which would oauae this stock to be tied up lo any

The reminder of tbo Hew Cosqmqr stock will be optioned by Sylvanite as follows i-

iCO,000400,000400,000400,000400,000400,000300, ooo

9 1C*a 13*fl 20** ?5*i 50fft 75*-r 11.00

shareshareshareshareshareshareshare

The Vendors shall be entitled to appoint one mmibr.i to the Board of Directors of the Nev Cospaay.

M-22

MtSYLVANITE GOLD MINES, LIMITED

ASSAY SHEET,

From.. Date..

SAMPLE No. DESCRIPTION WIDTH VALUE I'EK TON

A/* J'

ou00 "^all-

10M-4-55 Sl'H

yer

Sylvanite Gold Minos, LimitedCRIB COUNTY CAVINO* BANK BUIUDINO

BUFFALO 2, N. Y.

March 2, 1956

Mr. '.'l. D . Stroud, Superintendent Exploration Department Sylvanite Gold lane:-, United P. 0. Box 6^0 Kirkland Lake, Ontario

Dear Stroud:

Ross claims inof February 17

I have your letter of February U4 re/^t riling the I.!ar:utinse area referred to in your letter as claims nefir Copper Corporation .

Your proposed agreement will doubtless needsubstantial modification in view of the amount which must be spent to keep the claims in good standing if the owner.s got the extension, and I doubt that ve would be warranted in trying to check up on the property before June l in view of the situation mentioned by you in your letter of February 24. Please give this natter consideration, and advise.

In the future, rill you please send copies of such correspondence to l.'.r. Y/alton in Toronto; and the proner course of procedure is to have the offer nade by the ov.ner and have it signed first by hin. This will fti-ve you a chance to check with me and ''r. '/alton before signing anything.

Very truly yours,

c c ''I 'r. "'alton

President and Managing Director

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March 10th, 1956.

Mr. Well*. T. Moot, President and Managing Director, Sylvanite Gold Mines, Liaited, X02 Krie County Bank Building, BDFPALO 2, Bev York, U.3.1.

Dear Mr. Moott Rg i Rosa Claims - Mamainse Point

While in Toroiito at the Prospector*' Convention I aot Mr. ,toaa who cone OT*T froa Detroit. He had refused by ae.ll to de ci on the baa i e of ay original offer without further protection on assessment work. I discussed this with Mr. Gray before ha left for Tucson and ve decided that a Modification giving us three aontha to determine whether or not ve vant*d to go beyond the first year's work of 720 days would be all right* This glyea us until the end of August. Mr. Ross aooepted this, but without the undertaking - subjeot to our exaaln*tioB - to do a year's work there was no deal, l judged it to be worth 150.00 to tie) up the ground.

Actually I do not bslieve that there is too Buoh to be learned on the ground. On the Ontario Government Ma j ande in 1953 there is shown a 1 irge pit ' and a shaft with 2" to i" of chalcocite in 2 veins. There is no further description. I aa prepared to reoomaend that ve aake the li,POO puyaert and undertake to do 7?0 days work on our present information.

The results fro i the present development on Copper Corporation (lMine) is not yet conclusive. However, had copper been its present price whan that property w .ra offered to us I think that I would hive reooauaended that ve take it on.

In connection with your remarks on hiving the offer sud* by the owner presents) certain difficultly as, in seat oases, I have found it necessary to assume the initiative. I will follow your instructions though there are tiaea when speed is necessary when opportunity offers.

I encloae a copy of the letter to Mr. Ross acoepted by hisu I an alsosending a eopy to Mr. Wilton for his information, though this l e tt r- should besufficient until ve know definitely that we are going to Hake the **,O.O payaent.

You ra vory truly,

SYLVINI^F GOLD MMF-",, LIMITED EXPLOiJLTIOJI DFFARTXErT

WDSiat

0*0. - Mr. K. C, Gray

Wallace P. Stroud, Superintendent.

Sylvanite Gold M ines, L imited

ADDRESS THE SECRETARY-TREASURER24O2 SANK Of N OVA SCOTIA flUILDINO.

44 KINO STREET WEST,

TORONTO 1

March 13, 1956

Mr. W. D. Stroud,Superintendent ,Sylvanite Gold Mines, Limited,Exploration Department,P.O. Box 670,Kirkland Lake, Ontario.

Dear Mr. Stroud:

I received your letter of March 10th, 1956 enclos ing copy of your letter of February 15th, 1956 to Mr. Lloyd L. Ross, Detroit Exploration Co. I note at the foot of the copy of the letter is an indication that Mr. Ross accepted the proposal and he has added a condition that unless Sylvanite notify the vendors by August 31, 1956 that they relinquish the option, then they must do a further two years assessment work.

Please advise whether you got abstracts of the claims S.S.M. 29344 to 29361 inclusive. If not,I think I will have abstracts obtained. While your letter is written to and ac cepted by Mr. Ross, it would appear that others are interested. We will, of course, have to know the names, addresses and descriptions of the vendors.

I assume that you will let me know at once whether an agreement is to be prepared and that should be in good time before the first of June to permit all necessary delays in settling the agreement and having it signed.

Yours very truly,

^

:cW. S. WALTON Secretary-Treasurer

MINES

SAULT, STK, MARIE, ONT.

March 15th, 1996.

)fr. V. 8. Valton, Secretary-Treasurer, Sylvanite Ooid Kin**, Limited, 2X02 Bank of Nova dootia Building, U King Street, (Mat, TOHOBTO l, Ontario.

Dear Mr. Waltoni RE t HOB* ClalM S.S. M. to ?936l

The agreement of which I Mnt you a copy is, of course, rather informal, designed to keep these people froei Baking an agreeaent with someone el*e. frankly I do not know Just hev binding It night be legally, but I felt that It should senrs our purpoee. There are several people intereetod la the group. It vaa through a Mr. Clare, President of or-Aeae, that I got la tcuoh with ROM. Clare apparently we* acting ae agent. I ha-re the that he h&a no direct interest in the

allow.I expect to have a look at the ground a* early in foy a* the snow will

. I got Ross's signature oa the offar, with the addition, at the Prospectors' Convention. I do not have the abstract*.

Tours very truly,

STLVAirm GOLD HUES, LJKITED E1PLORATIO* DEPARTMENT

UDStat Wallace D. Stroud, Superintendent.

The Detroit Exploration Co., 2411 Bonner Street, Detroit 20, Michigan.

March 19, 1956.

Mr. Wallace D. Stroud , Box 6 ~}0, Kirkland Lake, Ontario.

My dear Mr. Stroud:

We missed you at the mining banquet, I walked up and down looki: for you and Mr. Clare. We finally fouid a seat at the press table. Saw Mr. Clare later in the evening. We still had memories of that lovely luncheon we enjoyed with you at noon.

I have several bite of news so will vet r i^ht ir.tc it.Later in the evening I talked with C. C. Ruston who engineer*:! Coppercorp. He said he plans to have their ground flown within the very near future- with instruments of his own design or liicins;. li' you are interested in extending; the area to cover our claims , it could be arranged with him. I mentioned no narrea .

Also I asked him direotly, to what depth drilling should be carried to not n.ies anything in the area. He eaid "Not lese than 5^0 feet After retting back to Detroit- I attended the boat show here and talked with a nan who has cottages and juide service at kontreal River. He eaid he had been at the Conpercorn shaft and that they vert extracting very rir ore. He said about 75 to SO^ cooler. I asked what mineral, calcocite, chalcopyrite? No, Real copper, he a.eant native copper. Anyway, that ie the ruihor .

Kr . Clare telle ice that reports of rich ore at Coppercorp has been published, said he would send you or u.e the clippings. I v, i 1 1 forwar them if they corre here first.

l have received uy renewal of I-.iners License for 195^ the Doctor's letter on iry foot wae returned. The Recorder wants the Doctor to describe i r: Technical terms the disability. I talked with I.r. J odouin, the 3SM recorder ana r.e nnid not to worry, th.nt the extension would bf- -' runted ae soon aa the Sector's ::,ore detailed letter is; received. I will expedite it of course.

If there are rn\y f.ew develcr.r-f nte , I will ariviee you i jr-ii'ed:. a te lv .

VeriK t r.- lv - -c^r-i ,

L/ Sc^e, v

i. 31aro.

SAULT stp:.

Harch 26th, 1956.

Mr. Lloyd L. Boss,The Detroit Exploration Co.,2411 Bonner Street,rSTROIT 20, Michigan. O.S.A.

Mr* Rots l

X was very corry that ve Biased you for the banquet. W* waited for a* touch time a* seeaed prudent. I bad to leave for an appointment for which I was nearly an hour late a* It wax.

The various l tea* In your letter are of interest and will be taken into consideration before doing any work. My own opinion on the or* occurrences In that izaediate area la that the vertical continuity le somewhat limited, as one at leaat of Copperoorp'a bodice petered oat at about 400 foot depth. This, of course, does not mean that they all do, nor that possibly others may not lap rove with depth*

I do not pla,oe too much oredanoe In reports of or*, grade fro* people who hare not the actual assay*. Small amounts of native copper hare, of course, been found In the Kemalnae area, but I do not think they will prove of real sconced o Interest* Chalcocite Iteelf li 80J( copper.

I will be glad to hear the extension ha* been duly arranged.

Please reneaber me to the very charming bit of Scotland you have lo your house.

Tdur* very truly,

OOID MHOS, LIMITED EIPLORATIOI DEPARTMENT

tVDSiat gallac* D. Stroud,

Superintendent.

The Detroit Exploration Co., 2411 Bonner Street, Detroit 20, Kdchigan.

April 2, 1956.

M-. Wallacn D. Stroud, Supt. Exploration Dept.

Sylvanite Gold Mines, Ltd. Box 670. Kirkland Lake , Ontario.

Dear Mr. Stroud:

Have delayed writing you until I had soite definite word on the extension. The word has come and am enclosing it for your perueal. You may returnit at your leisure. No hurry.

The little items I wrote about in icy last letter arenot taken too seriously by ne. We like gossip of the arsa and I passed it on as such.

3o now we will look forward to Spring in the north and take our chances on what the seasons bring.

As I write, krs. Ross is sewing up jriots in rny woods outfit so, who knows we nay seeyou on location latter in the year.

Copy to Mr. 3. H. Clare.

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H*y 29th, 1936.

Hr. Vfclles V. Moot, President and Managing Director, Sylvanite Ooid Mines, Liadted, 402 Irie County Bank Building, 3U7FALO ?, Bew York, D.3.A.

Rg t ROM ClajaaDear Mt. Moot i

I visited these claia* last UodnAsday and found a pit about 40 f M t in diameter vith BOB* 10 feet of wat*r in it. However, come tan feet of we.ll van risible at each end aod ther* la hardly any trace in either end of the chalcocite win, wfaiob nw 11 have contained considerable aaount* of high grade ae there are, •till aany pieces to b* seen on what was the or* duap and where the ore au*t have been cobbed for shipping.

Ho other ore exposures were seen, but noveral diaaond drill holes have been drilled both under the pit and away tram the pit obviously looking for parallel shoot*.

This is not worth doing any work on ax what ore the property nay contain is probably in sjsa.ll shoots whioh would not repay for the labour of locating them.

I have written Ross, releasing the claims, as I had proaisod I would do If we did not intend to do work.

The day boforo I went to thwoo olairvi I visited the Coppereorp. It is a very busy place, with a working he*d- fTUM (timber) and a sampling plant going up. I saw sone or* specimens and aa inclined to think that the ore is very spotty in character and of a type whioh will probably bc difficult to follow.

Tour* very truly,

SILVANITE OOLD HUBS, LIKITSD MPLQRiTIOS DEPARTMF!ff

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May , 1956.

to-. Lloyd L. fioas,The Detroit Irpioration Company,2411 Bonner Street,DETROIT 20, Kiob.rfan, U.S.*.

Dear Mr. Rossi

' got irto your property lall Wednesday, but went OD froa there to look at a pro r* rt 7 up beyond the end of tb* road and to 3id not get a chance to writ* you* There i* DO teltphone coaminicdticn up there to the out* id*.

I an sorry to say that I do not consider that the property ha* good enough chances to warrant doiiyj the large eaouat of vork that would be necessary to locate other ore deposits. It certainly appear* to e* aa though the former operator* nad taken out all the ore in that particular pit and that they had also done quit* a little in looking for continuation of the ore i boo t and alio had done a considerable anount of general prospecting. There Is no doubt in my mind that the shoot they mined va* rieb for they left quite a lot of ore behind the* on the ore du*p. They eeeaed to bate olcsned the pit out laterally and I prpfua-j tun t hart dota the tame vertically, othorvis* they would Dot, have (Silt when they dldj There is practically no ore shoviJic in either end of the pit.

Diamond drilling was also done - I oantiot^ of course, a\y how asuch - both under the adond shoot and *\lso looking for other lensee.

In th* light of this ve relinquish all rights and Interests lo the claims and you e&n feel free to dispose of thea any way you wiah. I aa disappointed that I cannot arrive at any other eooolusioa.

tone time.Thank you very much for the photograph. I hope to see you again

Tours very truly,

SYLVANITE OOLT MIMES, LIMITED EIPLOKATION

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Vailice D. Stroud, Superintendent.

Sylvanite Gold Mines, Mmited(Hit COUNTY •AVISOS BANK BUILDING

BUFFALO 2, N. Y.

June 7, 1956

Mr. to. D. Stroud, Superintendent Exploration Department Sylvanite Gold Mines, Limited P. 0. Box 6 70 Kirkland Lake, Ontario

Dear Mr. Stroud: Re; Ross Claims

I have your letter of May 29 and note that

you found nothing worthwhile on these claims, and

accordingly have written Ross releasing the claims.

Very truly yours,

President and Managing Director

WVMtJM

SAULT S TE. MARIE, ONT.

Sylvanite Gold Mines, Limited

ADDRESS THE SECRETARY-TREASURER2402 BANK OF NOVA SCOTIA BUILDING.

44 KINO STREET WEST,TORONTO l

June 12, 1956

Mr. W. D. Stroud,Superintendent Exploration Department,Sylvanite Gold Mines, LimitedP.O. Box 670,Kirkland Lake, Ontario.

Dear Mr. Stroud:

Re: Preliminary Option from Lloyd L. Ross on mining claims SSM 29344 to 29361 inclusive in Mamainse Area of Algoma .

I received copy of Mr. Gray's letter of May l?th, 1956 to Mr. Moot advising that you had obtained a month's extension of this option, that is, to the end of June. Recently when you talked to me on the telephone in Toronto you advised me that you had looked at the claims and had decided they would not interest us and accordingly the option will be dropped.

If you ha" r e not already done so, I suggest that you notify Mr. Ross of your decision.

Yours very truly,

•W. S. WALTONSecretary-Treasurer"

SAULT STE. MARIE, ONT.

Lloyd L. ROBS, 1910 Lennon Street, Detroit 56, Michigan.

June 29,

Mr. Wallace D. Stroud,Boa 6?0.Kirkland Lake, Ontario.

Dear Mr. Stroud:

Sorry for thi B delay in *ritinr; you. We have moved for the to the above address.

We to are -orry that your jud^nent requirer that you relinquish rights to our clainiu. We would ra.th.er that you have done the drilling adequate to nrove or dipprove the ground.

l dont know whether it carre out during our conversations that nor.f? drilling h/id beer, done there. It never seeced important drilling to re. I spoke to Mr. C. C. hutton about it, he w a i to send ir.e anjf data lie could locate, but he could not find the data. The drillinr rfa? very old, to ::.y understanding, not by the Coppercorp. or^unizere.

W o are receiving inquiries froir. our new series of adcd andcun orobably nake 3oir-e i'crt of n d eal. In view of recent news fror. Gc p-iorcorp. as neen ir, the recent J-'ir.tr, they fo.ind solid copper up to P irches thick and :iveri: r ir.:: four inches. T'r.ere ii.ust be plenty of lower rrade oo.~r.er ir. the vicinity. I hope ecm.e of It i o under r-.j rroj.'.d.

Ir "::y c.ise , we ::.'.i2t reape t your juirr.ent, and .ve; will ber.or.i?. to ^ee r.cre of you for /e ^r.j^yed r.eet!r: yuu -vr.d li/ed you ' \n-.t r ire, ai'.d ciiri't let y little ti. ; n^ l i ko a :.illic:.- rx-re cr le-'E ^itar.d let.veer. ua.

We v;il] be lookir.-- forward to i^-ein-- vcu n-iir:.

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SA-JLT MINES

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SAULT STE. MAFME, ONT.

SYLVAHItt GOLD MUSS. LIMITED EI7LORATIOH

DETROIT XXFLORATIOM (Ross Claim)

Se* letter to ROM*

The ore at Copperoorp appears to be in a breccia,

apparently not in reins proper*

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