The Brownell Project Information
The Company currently holds a 30% interest in the mineral tenures.
The Brownell Lake Property is located in northeastern Saskatchewan within NTS Map Sheets 63L13 and 63M04 with central coordinates of Latitude: 54 º 59’N and Longitude: 103 º 45’W (UTM 6092500N, 580000E, Nad83 Zone 13N). The property comprises eight contiguous mineral claims totaling 10,850 hectares.
An NI 43-101 Technical Report was prepared for the property vendor in October 2009.
The claim block is located approximately 100 kilometers ESE of La Ronge, Saskatchewan and is best accessed from there via float or ski-equipped aircraft. Alternatively, the property can also be easily accessed from Flin Flon, Manitoba (~120 km to the ESE). The closest transmission lines are at Pelican Narrows ~60 km to the ENE and La Ronge to the W. Deschambault Lake, a small Cree Nation community with highway access and basic services, is located approximately 25 km to the SE.
The Brownell Lake claims cover numerous gold prospects and showings associated with fault and shear zones cutting Paleo-Proterozoic arc related meta-volcanic and meta-igneous rocks of the Brownell Lake Greenstone Belt within the Glennie Domain. Gold mineralization is vein-hosted and associated with quartz, carbonate, arsenopyrite, pyrite, pyrrhotite, chalcopyrite, and lesser tellurides.
The Olsen Lake showing has been the main subject of exploration by 101053292 Sask Ltd. receiving preliminary drilling in 2007. Follow up drilling in 2008 successfully tested lateral and down dip extensions of the first promising drill hole, DDH BL-1. In total, 5 holes totaling 894.5 m have been drilled on the Brownell Lake Property.
The drilling results include mineralized zones correlating between drill holes, assay values up to 13 g/t Au over 0.65 m (DDH BL-4), composite continuous assay values of up to 1.52 g/t Au over 11.6 m (DDH BL-4), and discontinuous composite assay values of 0.56 g/t Au over 17.3 m (DDH BL-2).
Following on the recommendations in the NI 43-101 Technical Report, the Company undertook in July 2012 an exploration program on the property consisting of ground geophysics (Mag-VLF) and detailed grid sampling. As part of the fieldwork 135 rock samples were taken and 7 samples returned values in excess of 10 g/t Au.
A Phase II program included detailed outcrop sampling with diamond-saw cut channel samples, over prospective zones identified in Phase I.
Assay results were highly encouraging with a high value of 25.1g/t Au over 1.03 metres in one location on the Jena prospect and 4.1 g/t Au over 5.1 metres in different area on the same prospect. All showings, with the exception of Juba, yielded anomalous gold values.
OLSON/OLSON POINT: The Olson and Olson Point zones are underlain by metavolcanic rocks in an area which is anomalously magnetic. This area was previously drilled with 5 holes during 2007 and 2008. A review of the core from those holes indicates that the full mineralized zone was not sampled and assayed. Channel sampling has expanded the width of the mineralized zone, and has identified its surface expression over a strike length of 220 metres, and is open along strike in both directions.
Summary of trenching results:
Central
· Trench 1: 2.0 g/t Au over 5.18 m
· Trench 2: 1.59 g/t Au over 4.16 m.
West
· Trench 1 0.16 g/t over 12.45 m
East
· Trench 1 0.12 g/t over 7.29 m
· Trench 2 0.13 g/t over 8.39 m
Olson Point
· Trench 1 0.26 g/t over 20.77 m
Including 0.56 g/t over 2.42 m and
Including 0.95 g/t over 3.39
JENA: The Jena zone is located on the northern edge of the Brownell Lake intrusion. Anomalous gold values occur in metasediments at the contact, in minor auriferous quartz veins and in the granite. The showing was drilled in 1987 to a depth of 61.77 metres, but the drill collar was unable to be located.
Summary of trenching results:
· Trench 1 4.1 g./t Au over 5.1 m
Including 8.0 g/t Au over 2.15 m
· Trench 2 0.6 g/t Au over 4.76 m
· Trench 3 5.4 g/t Au over 4.97 m
Including 25.1 g/t Au over 1.3 m
· Trench 4 1.76 g/t Au over 4.93 m
Including 3.9 g/t Au over 2.16 m
· Trench 5 0.4 g/t Au over 2.58 m (extent of trench restricted due to topography)
KALIX ZONE: The Kalix zone is located on the eastern side of the Brownell Lake granitic intrusion and consists of quartz vein stockwork in the granite near the contact with staurolite schist. Two drill holes, totaling168.2 metres were drilled on the zone in 1987; only one drill collar was located.
Summary of trenching results:
Central
· Trench 1 2.7 g/t Au over 9.13 m.
Including 6.9 g/t over 3.49 m
East
· Trench 1 0.2 g/t over 16.7 m
Including 0.95 g/t over 1.6 m
West
· Trench 1 0.1 g/t over 9.11 m
South
· Trench 1 0.41 g/t over 8.02 m
Including 1.2 g/t over 2.22 m
· Trench 2 0.15 g/t over 5.38 m
