NI 43-101 Report - Alexandria Minerals Corporation

Transcription

NI 43-101 Report - Alexandria Minerals Corporation
GEOLOGICA
Groupe – Conseil
NI 43-101
TECHNICAL REPORT
ON THE AKASABA PROJECT
Province of Quebec
Canada
NTS: 32C/03 & 32C/04
(UTM Nad 83 Zone 18: 226,000 mE and 5,323,600 mN)
Val-d’Or, March 1st, 2013
Alain-Jean Beauregard, P. Geol., OGQ, FGAC
Daniel Gaudreault, ing., OIQ, AEMQ
Geologica Inc
Christian D’Amours, P. Geol., OGQ
Geopointcom Inc.
SUITE 202 – 450, 3e AVENUE, C.P. 1891, VAL-D’OR, QUEBEC CANADA J9P 6C5 – Tél. : (819) 825-8643 Fax : (819) 824-4266
E-Mail : info@geologica.qc.ca Web : www.geologica.qc.ca
Geologica Groupe – Conseil Inc.
SIGNATURE
NI 43-101 TECHNICAL REPORT
ON THE AKASABA PROJECT
Prepared for
ALEXANDRIA MINERALS CORP.
1 Toronto St., Suite 201 - Box 10
Toronto, Ontario
M5C 2V6
Signed in Val-d’Or, March 1st, 2013
______________________________________________
Alain-Jean Beauregard, P. Geol., OGQ, FGAC, AEMQ
_______________________________________________
Daniel Gaudreault, Ing., Geol., OIQ, AEMQ
_______________________________________________
Christian D’Amours, P. Geol., OGQ
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Certificate of qualification (Alain-Jean Beauregard)
I, Alain Jean Beauregard, P. Geol., do hereby certify that:
1. I am a geologist and the president of:
Geologica Groupe-Conseil Inc.
450, 3rd avenue, suite 202,
P.O. Box 1891, Val d’Or (Québec), J9P 6C5
2.
I am a qualified geologist, having received my academic training at Concordia University, in Montreal, Québec (B.Sc.
Geology and Mining – 1978) with a certificate in Business Administration (Val d’Or – 1988).
3.
This certificate applies to the Technical Report entitled “NI 43-101 Technical Report on the Akasaba Project” (“the
Technical Report”). This report was written for Alexandria Minerals Corp., dated March 1st, 2013.
4.
I am a Fellow of the Geological Association of Canada #F 4951 (FGAC) and also a member of the Order of Geologists
and Geophysicists of Québec #227 (OGQ), of the Québec Mining Exploration Association (AEMQ), of the Canadian
Institute of Mining and Metallurgy (CIMM) and the Prospectors and Developers Association of Canada (PDAC).
5. I have worked as a geologist for a total of 34 years since my graduation from University with the production of more
thanone thousand technical and financial evaluation reports in English or French for government authorities, private and
public companies including numerous market value assessments of mining properties from grassroots projects to
developed mines, and several companies' entire portfolio of properties. Organization and management of many
exploration campaigns for gold, base metals and industrial metals, especially in remote areas of Abitibi, but also in other
parts of Québec (Gaspésie, Gatineau, etc.), in eastern Canada, Europe, Africa and the Americas.
6.
I have read the definition of “qualified person” set out in National Instrument 43-101 (“NI 43-101”) and certify that by
reason of my education, affiliation with a professional association (as defined in NI 43-101) and past relevant work
experience, I fulfil the requirements to be a “qualified person” for the purposes of NI 43-101.
7.
I am responsible for the technical parts of Items 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 23, 24, 25, 26 and 27 of the
Technical Report. I have not recently visited the subject property. However, in December 2012, I have resampled
most significant intersections in three (3) drillholes for analytical testing and corroboration.
8.
I am not aware of any material fact or material change with respect to the subject matter of the Executive Summary
Report that is not reflected in the Technical Report, the omission to disclose which makes the Executive Summary
Report misleading.
9.
I have not had prior involvement with the property that is the subject of the Technical Report.
10. I am independent of the issuer (Alexandria Minerals Corp.) applying all of the tests in section 1.5 of National
Instrument 43-101.
11. I consent to the filing of the Technical Report with any stock exchange and other regulatory authority and any
publication by them, including electronic publication in the public company files on their websites accessible by the
public, of the Technical Report. I confirm to have read 43-101 F1 form and related appendices and that the Technical
Report has been prepared in compliance with the National Instrument 43-101.
Dated this March 1st, 2013
__________________________________________________________
Alain-Jean Beauregard, P. Geol., FGAC, OGQ
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Curriculum Vitae (Alain-Jean Beauregard)
KEY EXPERIENCE
Sound knowledge of geological sciences associated with extended experience in
property management.
Involvement with the evaluation, management and realization of several mining
exploration and development properties. Production of nearly one thousand technical and
financial evaluation reports in English or French for government authorities and private
companies including numerous market value assessments of mining properties from
grassroots to developed mines, and several companies' entire portfolio of properties.
Organization and management of many exploration campaigns for gold, base metals
and industrial metals, especially in remote areas of Abitibi, but also in other parts of Québec
(Gaspesia, Gatineau, James Bay, etc.), in eastern Canada, Africa, Europe and the Americas.
Very good knowledge of Latin American and African countries. Excellent
communication and mediation skills as well as sound administration practice.
INTERNATIONAL EXPLORATION MANDATES
East Africa - September 1994 - Evaluation of mining properties in Tanzania, Kenya, Ethiopia
and Erythrea for Pangea Goldfields and Ressources KWG Inc.
United Arab Emirates - June 1994 - Off-shore and on-shore oil and gaz property evaluations.
Geoscientific compilations in order to define potential prospective areas for chromite within the
ophiolite belt of Semail.
West Africa - 1994 - Evaluation of mining properties in Mauritania, Niger, Mali, Burkina Faso,
Ivory Coast and Ghana for Placer International Exploration and Placer Outokumpu
Exploration Ltd.
Morocco - November 1992 to April 1993 - Compilation of the Anti-Atlas in Morocco, in northwestern Africa (180 km2) at the scale of 1:100 000. A detailed report of the Guemassa area
(Douar El Ajar VMS deposit) was also completed. Ref. Mr. Garth Wilson, Placer Outokumpu
Ltd., London.
Argentina - April-May 1991 - Mission in the WNW Andes to evaluate properties for potential
gold and base metal deposits: the Cerro Castillo Gold deposit, the Baja de Alumbrera
Porphyry Copper deposit, the Farallon Negro Epithermal Gold-Manganese deposit.
Republic of Guyana - March 1991 - Evaluation of an alluvial diamond and gold deposit located
on the Mazaruni River in the Roraima Formation, 300 km south of Georgetown.
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CANADIAN EXPERIENCE
-Founder, shareholder, director and administrator of Geologica Groupe-Conseil Inc., Val d'Or,
(Québec) since 1985 - Management, property supervision, property evaluations,
geoscientific compilations at the national and international level.
-Mining Geologist, Les Mines Sigma (Québec) Ltée, Val d'Or (Québec), 1981-1985 - Property
geologist, geological and geochemical surveys, drilling supervision, grade verification
and reserve estimates.
-Property Director and Property Geologist, Serem Ltée, Val d'Or (Québec), 1977-1981 Geological and geochemical surveys, supervision of geophysical surveys (Mag, EMH
and IP), drilling supervision.
-Assistant Geologist, Serem Ltée, Val d'Or (Québec), 1975, under the supervision of Mr. Paul
Girard Ph.D and Mr. Ray Goldie Ph.D and for Hollinger North Shore and Labrador
Exploration, Eastern Townships and Gaspesia, 1974 -Exploration for base metals and
uranium.
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Certificate of qualification (Daniel Gaudreault)
I, Daniel Gaudreault, P. Eng., do hereby certify that:
1.
I am currently employed as a geological engineer by:
Geologica Groupe-Conseil Inc.
450, 3rd avenue, suite 202,
P.O. Box 1891, Val d’Or (Québec), J9P 6C5
2.
I graduated with a degree in Geological Engineering from the University of Québec in Chicoutimi in 1983.
3.
This certificate applies to the Technical Report entitled “NI 43-101 Technical Report on the Akasaba Project” (“the
Technical Report”). This report was written for Alexandria Minerals Corp., dated March 1st, 2013.
4.
I am a member of the “Ordre des ingénieurs du Québec # 39834 (OIQ)”, of the Québec Mining Exploration
Association (AEMQ) and the Prospectors and Developers Association of Canada (PDAC).
5.
I have worked as a geologist for a total of 30 years since my graduation from university. An engineer specialized in
geology and mining, I have been involved with all aspects of planning, organization and supervision of mineral exploration
properties especially in remote areas of Abitibi, Québec. I have been in charge of teams of professionals and technicians
on geological properties in the most severe conditions. I have also completed several geoscientific compilations and
technical work and evaluation reports on areas of interest in Québec (Abitibi, James Bay, Eastern Townships, etc.),
Ontario (Timmins, Kirkland Lake, etc.) and USA (Nevada and California).
6.
I have read the definition of “qualified person” set out in National Instrument 43-101 (“NI 43-101”) and certify that by
reason of my education, affiliation with a professional association (as defined in NI 43-101) and past relevant work
experience, I fulfill the requirements to be a “qualified person” for the purposes of NI 43-101.
7.
I am responsible for the technical parts of Items1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 15, 23, 24, 25, 26 and 27 of the
Technical Report. I have visited the subject Project this February 1st, 2013.
8.
I am not aware of any material fact or material change with respect to the subject matter of the Executive Summary
Report that is not reflected in the Technical Report, the omission to disclose which makes the Executive Summary
Report misleading.
9.
I have not had prior involvement with properties that are the subject of the Technical Report.
10. I am independent of the issuer (Alexandria Minerals Corp.) applying all of the tests in section 1.5 of National
Instrument 43-101.
11. I consent to the filing of the Technical Report with any stock exchange and other regulatory authority and any
publication by them, including electronic publication in the public company files on their websites accessible by the
public, of the Technical Report. I confirm to have read 43-101 F1 form and related appendices and that the Technical
Report has been prepared in compliance with the National Instrument 43-101.
Dated this March 1st, 2013
___________________________________________________________
Daniel Gaudreault, ing. Geol., OIQ, AEMQ
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Curriculum Vitae (Daniel Gaudreault)
KEY EXPERIENCE
An engineer specialized in geology and mining, Mr. Gaudreault has been involved with
all aspects of planning, organization and supervision of mineral exploration properties
especially in remote areas of Abitibi, Québec. He has been in charge of teams of
professionals and technicians on geological propertys in the most severe conditions. Mr.
Gaudreault has also completed several geoscientific compilations on areas of interest in
Québec (Abitibi, James Bay, Eastern Townships, etc.), Ontario (Timmins, Kirkland Lake, etc.)
and USA (Nevada and California)..
Mr. Gaudreault has produced a great number of technical work and evaluation reports
in both English and French for government authorities and private companies, such as
property evaluations, exploration and environmental reports. He has also completed
numerous market value assessments of mining properties from grassroot properties to
developed mines including several companies' entire portfolio of properties.
WORK EXPERIENCE
Project Director, Geologica Groupe-Conseil Inc., Val d'Or (Québec), since 1985 - Project
director, planning, mapping, drilling supervision, due diligence, property evaluations,
market value assessments, environmental reports, NI 43-101 Technical Reports,
fieldwork reports.
Senior Geologist, Boileau et Gauthier (Kiwatin) Val d'Or (Québec), 1985 - Planning, mapping
and sampling.
Senior Geologist, Campbell Resources Ltd., Chibougamau (Québec), 1984-1985 - Project
director, planning, drilling supervision, mapping.
Junior Geologist, Boileau et Gauthier (Kiwatin) Val d'Or (Québec), 1983-1984 -Drilling
program supervision, reports.
Junior Geologist, Lac Minerals Ltd., Malartic (Québec), 1983 - Exploration campaign
supervision, drilling program, mapping and reports.
Assistant Geologist, Lac Minerals Ltd., Val d'Or (Québec), 1982 and Ministry of Energy and
Resources of Québec, Desmaraisville (Québec), 1981.
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Certificate of qualification (Christian D’Amours)
Mr. Christian D’Amours, residing at 895, rue Lévis, Val-d’Or, hereby certifies as follows:
-
The certificate is related to the report entitled "NI 43-101 Technical Report on the Akasaba
Project" dated March 1st, 2013 (“the Technical Report”)
-
I graduated from the University of Quebec in Montreal in geology;
-
I have been practising on an ongoing basis, the profession of geologist since May 1985;
-
From 1985 to 1994 the practice of my profession was mainly oriented towards exploration.
From 1994 to 1999 I worked primarily in the field of mining. Since 1999, I have been
working predominantly in the evaluation of reserves and geostatistics;
-
I am a member of the Order of Geologists of Quebec (No. 226);
-
I am co-author of Section 14 of the report;
-
As of March 1st, 2013, I am not aware of any material fact or material change with respect to
the subject matter of this report which is not reflected in this report or of the omission to
disclose any such material fact or material change which could make this report misleading;
-
I am independent from the owners of the lands covered by this report within the meaning of
section 1.5 of National Instrument 43-101 Standards of Disclosure for Mineral Properties (“NI
43-101”);
-
I did not visit the Alexandria Minerals Akasaba property;
-
I have read the NI 43-101 and Form 43-101F1, and hereby certify that this report has been
prepared in compliance with NI 43-101 and Form 43-101F1;
-
The report gives a true picture of the state of scientific and technical knowledge as of March
1st, 2013.
Dated this 1st day of March 2013.
_______________________________________________
Christian D’Amours, P. Geol., OGQ
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TABLE OF CONTENTS
SIGNATURE .................................................................................................................................................... 2
Certificate of qualification (Alain-Jean Beauregard) ........................................................................................ 3
Certificate of qualification (Daniel Gaudreault) ................................................................................................ 6
Certificate of qualification (Christian D’Amours) .............................................................................................. 8
1.0 SUMMARY (Item 1) ................................................................................................................................. 11
2.0 INTRODUCTION (Item 2) ........................................................................................................................ 17
2.1 Terms of Reference ................................................................................................................................. 17
2.2 Scope of Work ......................................................................................................................................... 18
2.3 Basis of the Technical Report .................................................................................................................. 18
2.4 Qualifications and Field Involvement of Consultant ................................................................................ 18
3.0 RELIANCE ON OTHER EXPERTS (Item 3) ........................................................................................... 19
4.0 PROPERTY DESCRIPTION AND LOCATION (Item 4) ......................................................................... 19
5.0 ACCESSIBILITY, LOCAL RESOURCES, INFRASTRUCTURES AND PHYSIOGRAPHY (Item 5)..... 26
6.0 HISTORY (Item 6) ................................................................................................................................... 28
7.0
GEOLOGICAL SETTING AND MINERALIZATION (Item 7).......................................................... 35
7.2 Property Geology and Mineralization ...................................................................................................... 38
8.0 DEPOSIT TYPE (Item 8) ......................................................................................................................... 43
9.0 EXPLORATION (Item 9) ......................................................................................................................... 46
9.1 Humus survey on the Akasaba Project ................................................................................................... 46
9.2 Data Compilation on the Sabourin Property ............................................................................................ 48
10.0 DRILLING (Item 10) .............................................................................................................................. 50
11.0 SAMPLE PREPARATION, ANALYSIS AND SECURITY (Item 11) .................................................... 71
12.0 DATA VERIFICATION (Item 12) ........................................................................................................... 77
12.1 Field visit ................................................................................................................................................ 77
12.2 Database verification and validation ...................................................................................................... 78
12.3 Drill core re-check by Geologica ............................................................................................................ 78
13.0 MINERAL PROCESSING AND METALLURGICAL TESTING (Item 13) ............................................ 91
14.0 MINERAL RESOURCE ESTIMATES (Item 14) .................................................................................... 93
14.1 Methodology .......................................................................................................................................... 94
14.1.1 Drill hole sample database .......................................................................................................... 94
14.1.2 Interpretation of mineralized zones ............................................................................................ 94
14.1.3 High grade capping and compositing ...................................................................................... 100
14.1.4 Variography................................................................................................................................. 100
14.1.5 Bulk density ................................................................................................................................ 101
14.1.6 Block model geometry ............................................................................................................... 101
14.1.7 Grade interpolation .................................................................................................................... 101
14.1.8 Resource categories .................................................................................................................. 102
14.2 Resource Estimation ............................................................................................................................ 103
15.0 ADJACENT PROPERTIES (Item 23) ................................................................................................. 107
16.0 OTHER RELEVANT DATA AND INFORMATION (Item 24) .............................................................. 107
17.0 INTERPRETATION, CONCEPT AND CONCLUSIONS (Item 25) ..................................................... 108
18.0 RECOMMENDATIONS (Item 26) ........................................................................................................ 109
19.0 REFERENCES (Item 27) ..................................................................................................................... 110
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LIST OF FIGURES
Figure 1 – Location Map with Access and Topography....................................................................................................... 20
Figure 2 – Mining Titles of Akasaba Project ........................................................................................................................ 25
Figure 3. Regional Geologic Map of Alexandria’s Cadillac Break Properties (including Akasaba Project).......................... 37
Figure 4. Schematic interpretation of parallel mineralized lenses identified at the Akasaba mine by Cambior. .................. 39
Figure 5 – Geology of Akasaba Project............................................................................................................................... 41
Figure 6 – Geology of the Akasaba Project (New West Au-Cu Zone) ................................................................................. 42
Figure 7 – Magnetic Gradient Showing the Burried Intrusive west of the Akasaba Project ................................................. 43
Figure 8 – Humus Survey with Gold values (Ref: E. Batailler, December 2012)................................................................. 46
Figure 9 – Mineralized Zones on the Sabourin Property (Ref: E. Batailler, January 2013) ................................................. 49
Figure 10 – General location map of 2011-2012 Drillholes on the Akasaba Project ........................................................... 51
Figure 11 – Detailed location map of 2011-2012 Drillholes on the Akasaba Project ........................................................... 52
Figure 12 – Drillholes recheck samples .............................................................................................................................. 91
Figure 13 – Adjacent Mining Properties ............................................................................................................................ 107
LIST OF TABLES
Table 1: Mining Titles of the Sabourin Creek Property ........................................................................................................ 21
Table 2: Mining Titles of the Akasaba Property ................................................................................................................... 24
Table 3: Historical Work of the Akasaba Property ............................................................................................................... 28
Table 4: Historical Work of the Sabourin Property .............................................................................................................. 34
Table 5: Description of Cadillac Break deposits and inactive mines in the area ................................................................. 44
Table 6: Technical Parameters of Alexandria’s 2012 Drillholes .......................................................................................... 53
Table 7: Most significant assay results of the 2011-2012 drillhole program on the Akasaba Project .................................. 56
Table 8: Corroboration of drillhole IAX-12-194 .................................................................................................................... 80
Table 9: Corroboration of drillhole IAX-12-195 .................................................................................................................... 83
Table 10: Corroboration of drillhole IAX-12-200 .................................................................................................................. 85
Table 11: Financial parameter used for Main zone ............................................................................................................. 95
Table 12: Financial parameters used for the West zone ..................................................................................................... 95
Table 13: Variography study (Main and West zones)........................................................................................................ 101
LIST OF APPENDICES
APPENDIX I – LIST OF STATUTORY WORK ....................................................................................................................... I
APPENDIX II – TABLE OF DRILLHOLE INTERSECTIONS USED IN RESOURCE CALCULATION ................................ IV
APPENDIX III – LONGITUDINAL SECTIONS .................................................................................................................XXX
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1.0 SUMMARY (Item 1)
At the request of Mr. Eric Owens, President and CEO of Alexandria Minerals Corp.
(‘Alexandria’), Geologica Groupe-Conseil Inc. (‘Geologica’) was given the mandate to
prepare a NI 43-101 Technical Report including an update of the resource calculation on
the Akasaba Project in Val-d’Or, located in the Abitibi Region of Quebec. The updated
resource calculation was completed with the collaboration of Mr. Christian D’Amours of
Geopointcom.
One of the authors (Daniel Gaudreault) has visited the Project on February 1st,
2013. Mr. Alain-Jean Beauregard resampled gold mineralized zones within three (3)
drillholes completed by Alexandria.
The Akasaba Project is located in northwestern Quebec, Bourlamaque and
Louvicourt Townships, partly within the municipality of Val-d’Or about 250 miles (400 km)
northwest of the City of Montreal, Province of Quebec : 226,000 mE and 5,323,600
mN,400 mE and 5,324,800 mN on the National Topographic Map reference 32C/04
(Quadrangle sheet). The project is easily accessible by highway 117 using the
Colombière village road to the South, which passes south through the Akasaba property.
A second road allows to access the southeast portion of the claim group, by turningsouth
on highway 117 at the Telebec communication tower and following the esker.
The Akasaba Project lies 25 km west of the extensive mining community and
experienced man power from Val-d’Or. On site, the only remnants remaining from the
past mining activity are concrete foundations. An electric power line crosses the Project.
Except for an esker located at the eastern edge, the Project has a flat topography
between 335.28 to 350.52 meters. Despite the flat topography, there are only a few small
swampy areas. Some small streams are present on the south-west and north-east parts
of the project (Akasaba property). A 300 meter by 2.5 kilometer zone of outcrops is
located in the south-western portion of the project. The rest of the project is covered by
overburden.
The Project is located in the center of Alexandria's large Cadillac Break Property
Group, a 35 km long, continuous property package comprised of ninety-eight (98) mining
claims totalling 1,627.40 hectares and twenty six (26) mining claims totalling 487.48
hectares respectively. All the claims are 100% Alexandria interest.
The Akasaba Project is located in the South-central portion of the Abitibi
Greenstone Belt, which forms part of the Superior Structural Province. All the rocks of the
area are Archean in age, except for the NE-striking diabase dykes which are Proterozoic
in age. Volcanic rocks of the Malartic and Piché Groups predominate in the northern half
of the area, while clastic sedimentary rocks of the Cadillac and Pontiac Groups are
dominant in the southern half of the area.
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The most prominent structural feature of the area is the Cadillac Break (also known
as the Cadillac Tectonic Zone (‘CTZ’)), which is located near, or at the contact between
the Pontiac Group and the Malartic Group. It is a major tectonic zone that is characterized
by intense shearing and mechanical deformation, and it can be traced from West to East
over a total distance of approximately 300 kilometers from Matachewan, Ontario in the
west, to east of Louvicourt, Quebec in the east. Later conjugate faulting and fracturing of
both northeast and, to a lesser extent, northwest trends have also occurred along its
length.
The Cadillac Break is one of the most important metallogenic features in the Vald’Or area. Several past producers (eg. East Malartic, Barnat-Sladen, and O’Brien) and
recent discoveries such as the Lapa Zone and the Goldex Mine of Agnico-Eagle Mines
Inc. are spatially associated with the Cadillac Break and /or related subsidiary structures.
The Akasaba Project of Alexandria Minerals Corp. is strategically well located with
respect to the Cadillac Break and its related conjugate auriferous structures in the Vald’Or Camp: the Sullivan, Duraine, and Louvicourt Breaks. Several base metals and gold
mines and deposits such as Sigma, Lamaque, Bevcon, Orenada, Dorval, Akasaba,
Monique and others are located along the eastern part of this tectonic zone and are
contiguous to or on the property of Alexandria. The presence of these deposits in the
immediate vicinity of the land holdings confirms the potential for finding either new
mineralized zones and/or extensions of existing ones.
Although low gold values have been found locally on some of the Cadillac Break
Group of properties, past exploration efforts have led to the discovery of several
significant mineralized zones and occurrences. Moreover, the average depth investigated
by exploration diamond drilling on the properties and the general area in the past is
approximately 150 meters. The depth extensions of northeast trending display structures
from the Cadillac Break and Z shaped folds defined at shallow elevations have historically
proven to be favorable exploration targets. Recent discoveries at depth attest of the
potential of the region: Agnico Eagle’s Lapa and Goldex deposits on or near the Cadillac
Break has stimulated new exploration interest in the region, particularly at depths greater
than 500 meters.
Between 1960 and 1963, the Akasaba mine produced 265,000 tonnes with an
average grade of 5.20 g/t Au and 1.7 g/t Ag. In the 1970’s and early 1980’s Soquem
estimated a resource of 255,000 tonnes at 6.33 g/t Au in 4 lenses (A, B, C, D). The gold
was thought to be associated with stratiformed disseminated to semi-massive lenses of
pyrrhotite-chalcopyrite hosted in mafic lapilli tuffs and brecciated basalt altered with
epidote-hornblende-actinolite related to contact metamorphism. The genesis of the
deposit remains controversial. Two master thesis present different hypothesis. One of
these (Lev Vorobiev, 1998) supports the hypothesis that the mineralization is emplaced
during skarn development whereas the other (Jeanne Lebel, 1987) was in favor a VMS
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genesis hypothesis. It is possible that the actual Akasaba deposit characteristics and
geometry are a result of an overprinting of several gold mineralization events
(hydrothermal, orogenic and skarn).
Following Alexandria’s exploration work, a series of observations were done on
the Akasaba property :
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Drilling along strike from the historic mine sequence identified several 3m to 10m
sub-parallel mineralized zones.. Among the different zones, two (2) have been
consistently identified within the mine sequence (Zone A and C).
Gold mineralization is mainly associated with altered intermediate to mafic volcanic
that are confined to the north by a gabbro sill and to the south by an overlying
rhyo-dacitic dome.
The parallel gold bearing zones principally occurred in sub-vertically to vertically
sheared volcanic units, brecciated basalts, in pillow margins that contact syn to
post volcanic dioritic to gabbroic dyke.
The alterations associated with the gold mineralization consist in an epidotefeldspar, possibly albite-carbonate association +/- quartz hydrothermal alteration
and/or veins.
Sulphides are often abundant within the gold bearing zone, but the amount of
sulphides does not seem to directly relate to the amount of gold. Sulphides occur
in three main forms: semi-massive, disseminated, and finely re-disseminated. The
main sulphides observed is pyrrhotite, with anomalous but widespread
chalcopyrite. Pyrite mineralization is rare in the main Akasaba horizon. The
presence of sulphides within the host rocks may have provided a chemical trap.
Gold occurs in alteration zones and/or in quartz-carbonate (salt and pepper
texture) veins and veinlets oriented along main deformation. V.G. is very rare and
only occurred in quartz carbonate sp (salt and pepper texture) veins along with remobilized pyrrhotite.
The deformation corridor is sub-parallel to the Cadillac Break, and is locally
displaced along late NE-SW faults.
The mineralization and associated alteration are found within the contact
metamorphic aureole surrounding a buried intrusive located to the west of the
Akasaba property. As a result, potassic and localy felsic alteration become
stronger toward the west along with high copper mineralization.
Gold mineralization may have been emplaced by hydrothermal activity that
occurred late in the volcanic cycle, which means the original gold deposit would
have been deformed by the Cadillac Deformation Zone (`CDZ`). The entire system
appears to have been altered by the emplacement of a buried intrusive located to
the west during which time the development of skarn type mineralization modified
the pre-existing gold mineralization.
At the time, additional gold may have been deposited by gold bearing fluids
ascending the CDZ and sub-parallel structures.
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Geologica Groupe – Conseil Inc.
-
Recent drilling shows that there is still a good potential for economic gold
mineralization at depth.
Sub-parallel gold zones are present but locally poorly defined. In general, the
presence of gold is scattered in those zones. More drilling should be done in order
to test those sub-parallel zones.
From 2006 to 2012, several exploration surveys were completed on the Project,
mainly on the Akasaba property (compilation, mineral characterization studies,
reconnaissance mapping, stripping, sampling, soil geochemistry surveys, geophysical
surveys and drilling). After receiving encouraging results in late 2008 from its initial 3 hole
drill program below the historic Akasaba Mine, Alexandria embarked on a drill program
which focused on better defining and explaining gold mineralization in the Mine area.
From February 24th 2009 to November 1st 2011, four (4) drilling campaigns were
completed, totaling 125 drillholes for 39,004.34 meters. The drilling was conducted by
Forage Mercier Inc. and ALXtreme Inc. from Val-d’Or (Quebec).
This work led to the first resource estimations at Akasaba in the first quarter of
2012, by Geopointcom, with audit by Geologica. These initial estimations were based on
a scenario considering two consecutive steps: near-surface gold mineralization, mostly to
a maximum depth of 150 meters, is available through an open pit mining method (50˚
slope), and higher grade deeper gold mineralization is accessed through an underground
operation (narrow long hole development with 30 meters between sub-levels).
The initial resource estimate (released in March 2012) reported Indicated
Resources totalling 239,932 ounces of gold, and Inferred Resources totalling 266,044
ounces of gold, as follows:
Open Pit, Indicated: 3,009,214 tonnes grading 1.37 g/t Au (132,475 ounces of gold)
Open Pit, Inferred: 284,374 tonnes grading 1.76 g/t Au (16,153 ounces of gold)
Underground, Indicated: 563,660 tonnes grading 5.91 g/t Au (107,457 ounces of gold)
Underground, Inferred: 1,462,560 tonnes grading 5.29 g/t Au (249,891 ounces of gold)
Subsequent to the initial resource estimate, Alexandria turned to step-out drilling,
switching tactics from definition of mineralization to focus on growth of the deposit. From
November 4th, 2011 to November 10th, 2012, Alexandria Minerals completed 41 drillholes
(IAX-11-177 to IAX-12-217) for a total of 17,723.12 meters (see table below). The drilling
was completed by Forage Mercier Inc. now Forage Specktra Inc. (39 drillholes) and
ALXtreme Inc. (2 drillholes) from Val-d’Or (Quebec). All assays were completed by AGAT
Laboratories from Mississauga (Ontario) and some re-check by ALS Chemex Lab in Vald’Or (Quebec). Note that all drillhole logs and assay results from Laboratories are
available at the Alexandria office in Val-d’Or (Quebec).
In addition to expanding the high grade gold zone beneath the mine, this step-out
drill program resulted in a significant new gold-copper discovery, the West Zone, which
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NI 43-101 Technical Report on the Akasaba Project – March 1 , 2013
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Geologica Groupe – Conseil Inc.
straddles the Akasaba and adjacent Sabourin Creek properties. As a result, a new
resource calculation was estimated by Christian D’Amours from Geopointcom,
accompanied by an audit by Geologica, of the Akasaba Mine zones and the New Au-Cu
Akasaba West Zone.
Indicated Resources
Tonnage
Zone
Underground
Main Pit1
Au Grade Contained
(g/t)
Gold (oz.)
653,929
5.79
121,657
3,009,214
1.37
132,475
Satellite Pit1
West Zone Pit
Totals
Inferred Resources
Tonnage
Au Grade Contained Cu Grade
(%)
(g/t)
Au (oz.)
1,537,973
5.51
Cu in Gold
Equiv. (oz.) 2
61,255,885
342,108
61,255,885
342,108
272,385
285,374
1.76
16,153
14,863,740
0.69
332,074
254,132
Contained
Cu (Kg)
620,612
0.41
The West Gold-Copper Zone is a zone of disseminated gold-copper mineralization
located on the main mine trend 1600 m west of the past-producing Akasaba Mine, where
the underground resources are located. As defined by drilling, the West Zone is some 400
m long, 300 m deep, averages 60 m wide, and is open at depth. In contrast with the mine
area mineralization, where gold is hosted with quartz-carbonate-pyrite veins, gold in the
West Zone is associated with pyrite, chalcopyrite and bornite, hosted within strongly
deformed and altered intermediate to felsic volcaniclastic rocks, within the geological
influence of the Cadillac Break shear zone and the Callahan granitic intrusive stock.
Geologica believes that the Akasaba Project is of sufficient merit for moving
forward with additional exploration work to carry out the recommended programs. The
recommended technical program is based on technical data which is judged to be
representative and appropriate. The Akasaba Property hosts a significant gold resource,
classified as Indicated and Inferred resources, from which a part could be potentially
reached from the surface.
Geologica recommends the completion of a Preliminary Economic Assessment
“PEA” study on the Akasaba resources. The complementary drilling should be carefully
completed using thorough sampling protocol and geological follow-up (detailed geological
and structural approach). The complementary drilling program will have two main
objectives: (i) confirming continuity of the New Au-Cu Akasaba New mineralized zones
and; (ii) confirming depth continuity of the Akasaba Mines mineralized zones (Main Zone).
The work program follows with associated costs:

The authors recommend that Alexandria conducts further drilling to
increase lateral and depth extensions particularly refine the geological
model between different Zones and downplunge of both mineralized
zones. Both stepout and infill drilling will permit to reclassify the Inferred
resources to Measured and Indicated resources as well as assess the
potential to expand the resource base.
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Geologica Groupe – Conseil Inc.
15,000 meters @ $200/m (all include)  $3,000,000

Additional drilling on previously unexplored en echelon mineralized
structures such as the skarn type Zones and deep holes down plunge of
Zones.
10,000 meters @ $200/m (all include)  $2,000,000

With substantial increase of near surface Measured and Indicated
resource, the authors recommend updated resources followed by a
prefeasibility study to define underground reserves.
Costs are estimated at  $500,000

PEA study  $500,000

Administration (5%)  $ 300,000

Contingencies (10%)  $ 630,000
Total budget of 6.93 M$ is recommended to complete this program
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2.0 INTRODUCTION (Item 2)
At the request of Mr. Eric Owens, President and CEO of Alexandria Minerals
Corporation (‘Alexandria’), Geologica Groupe-Conseil Inc. (‘Geologica’) was given the
mandate to prepare a NI 43-101 Technical Report including an updated resource
calculation on the Akasaba Project (the “Project”) in Val-d’Or, located in the Abitibi Region
of Quebec (Figure 1). The updated resource calculation was completed with the
collaboration of Mr. Christian D’Amours of Geopointcom.
All the assessment work records (statutory work) registered with the Quebec
Department of Natural Resources (MRNFQ) were carefully examined. The reports and
the geological maps published by the MRNFP, recent work, and work currently in
progress were also reviewed. This report contains an evaluation of all available data, as
well as recommendations for follow-up work designed to access and increase the gold
potential of the Project.
The Project is located in the south-central portion of the Abitibi Greenstone Belt,
which produced more than 170 million ounces over last 90 years, and forms part of the
Superior Structural Province. The regional geology of the area is presented on the Figure
3.
2.1 Terms of Reference
Weight & Mass
g
kg
g/t
oz
oz/st
ppb
ppm
st
t
Linear & Area Measures
Grams
Kilograms
Grams per metric tonne
Troy ounces
Ounces per short tonne
Parts per billion
Parts per million
Short ton
Metric tonne
Weight
1 oz (troy)
1 oz (troy)/st
1 pound (lb)
1 pound (lb)
pound
1 short ton
1g
mm
m
km
ha
‘
‘’
Millimeters
Meters
Kilometers
Hectares
Feet
Inch
Others
°C
$
Celsius Degree
Canadian Dollars
Linear & Area Measures
=
=
=
=
31.103
34.286
0.454
1.215
g
g/t
kg
troy
=
=
0.907 t
0.03215 oz
1 inch =
1 foot =
1 mile =
1 ha =
1 square mile =
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NI 43-101 Technical Report on the Akasaba Project – March 1 , 2013
Alexandria Minerals Corp.
2.54
cm
0.3048 m
1.6
km
2
0.01
km
640 acres = 259 hectares
17
Geologica Groupe – Conseil Inc.
2.2 Scope of Work
The scope of work undertaken by Geologica involved an assessment of the
geological and mineral ressources aspects of the Project in Val-d’Or, Quebec, Canada.
2.3 Basis of the Technical Report
In summary, this technical report is based on recent NI 43-101 of the Akasaba
property for Alexandria in 2012 and reports completed by previous owners, geological
investigations and independent check assaying.
2.4 Qualifications and Field Involvement of Consultant
Geologica’s Inc. independence is ensured by the fact that it holds no equity in any
property and that its ownership rests solely with its staff. This allows Geologica to provide
its clients with conflict-free and objective recommendations on crucial judgment issues.
This technical report has been prepared based on a technical and economic
review by Geologica and Geopointcom assisted by Alexandria management and
exploration personnel.
Neither Geologica nor any of its employees involved in the preparation of this
report has any beneficial interest in Alexandria. Geologica will be paid a fee for this work
in accordance with normal professional consulting practice.
The following Geologica staff, one of the authors, Daniel Gaudreault acting as
Qualified Persons under National Instrument 43-101, conducted personal inspections of
the Project in a field visit February 1st, 2013 and took some pictures of accesses and drill
sites of New Au-Cu Akasaba West zone and Akasaba Mine Area.
The authors have reviewed and analysed data provided by Alexandria Minerals
Corporation, their consultants and previous owners of the Project, and have drawn their
own conclusions there from, augmented by its direct field examination on the property.
Geologica has not carried out any independent exploration work nor drilled any drillhole
samples on the Project. However, the presence of gold in the local rocks is substantiated
by the previous mining history by Iamgold and other owners and the numerous
prospectors in the area. Geologica has performed an estimation of resources on the
Project with the participation of Mr. Christian D’Amours of Geopointcom (Section 14.0). A
re-check sampling of three (3) drillholes (IAX-12-194, IAX-12-195 and IAX-12-200) was
completed by one of the authors (A.J. Beauregard) in order to confirm the presence of
mineralization and corroborate the data validation (see section 12.0).
While exercising all reasonable diligence in checking, confirming and testing data,
Geologica has relied upon the data presented by Alexandria in formulating its opinion.
The various agreements under which Alexandria holds title to the mineral lands for
this property have been confirmed by Geologica. The description of the Project, and
ownership thereof, as set out in this report, are provided for general information purposes
only.
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NI 43-101 Technical Report on the Akasaba Project – March 1 , 2013
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Geologica Groupe – Conseil Inc.
The metallurgical, geological, mineralization and exploration technique
descriptions used in this report are taken from reports prepared by Alexandria and
previous owners.
Geologica is pleased to acknowledge the helpful cooperation of Alexandria
management and exploration personnel all of whom made any and all data requested
available and responded openly and helpfully to all questions, queries and requests for
material.
3.0 RELIANCE ON OTHER EXPERTS (Item 3)
The authors from Geologica have not verified the legality of any underlying
agreement(s) that may exist concerning the licenses or other agreement(s) between
parties and the permitting. Geologica offers no opinion as to the validity of the mineral title
claimed by Alexandria. The description of the Project, and ownership thereof, as set out
in this report, are provided for general information purposes only.
4.0 PROPERTY DESCRIPTION AND LOCATION (Item 4)
The Project is located in northwestern Quebec, Bourlamaque and Louvicourt
Townships, partly within the municipality of Val-d’Or about 250 miles (400 km) northwest
of the City of Montreal, Province of Quebec : 226,000 mE and 5,323,600 mN on the
National Topographic Map reference 32C/04 (Quadrangle sheet).
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NI 43-101 Technical Report on the Akasaba Project – March 1 , 2013
Alexandria Minerals Corp.
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Geologica Groupe – Conseil Inc.
Figure 1 – Location Map with Access and Topography
The Project extends over two (2) properties: Sabourin and Akasaba Properties
comprises ninety-eigth (98) mining claims totalling 1,627.40 hectares and twenty six (26)
mining claims totalling 487.48 hectares respectively (Table 1, Table 2 and Figure 2). All
the claims are 100% Alexandria interest.
The status of the claims was verified using GESTIM, the governments system for management of
claims, available on the MRNFQ website:
https://gestim.mines.gouv.qc.ca/MRN_GestimP_Presentation/ODM02101_login.aspx
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NI 43-101 Technical Report on the Akasaba Project – March 1 , 2013
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Geologica Groupe – Conseil Inc.
Table 1: Mining Titles of the Sabourin Creek Property
MINING CLAIM
2778851
2778852
2778853
2778854
2778855
2778861
2778862
2778863
2778864
2778865
3145913
3145914
3145915
3170584
3173141
3173144
3173145
3173151
3173152
3173153
3173154
3173155
3173161
3173162
3173163
3196143
3196144
3199012
3199013
EXPIRED DATE
22/05/2015
23:59
22/05/2015
23:59
22/05/2015
23:59
22/05/2015
23:59
22/05/2015
23:59
22/05/2015
23:59
22/05/2015
23:59
22/05/2015
23:59
22/05/2015
23:59
22/05/2015
23:59
28/07/2013
23:59
28/07/2013
23:59
28/07/2013
23:59
16/03/2015
23:59
29/07/2013
23:59
29/07/2013
23:59
29/07/2013
23:59
31/07/2013
23:59
31/07/2013
23:59
31/07/2013
23:59
31/07/2013
23:59
31/07/2013
23:59
30/07/2013
23:59
30/07/2013
23:59
30/07/2013
23:59
08/03/2015
23:59
08/03/2015
23:59
08/03/2015
23:59
08/03/2015
23:59
AREA (Ha)
EXCEDENT
REQUIRED
WORK
REQUIRED
FEES
OWNER
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
16188.84
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
4524.07
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
8606.28
1000
27.75
Alexandria Minerals Corporation (100%)
16
17928.2
1000
27.75
Alexandria Minerals Corporation (100%)
16
207
1000
27.75
Alexandria Minerals Corporation (100%)
16
207
1000
27.75
Alexandria Minerals Corporation (100%)
16
769.97
1000
27.75
Alexandria Minerals Corporation (100%)
16
37237.51
1000
27.75
Alexandria Minerals Corporation (100%)
16
207
1000
27.75
Alexandria Minerals Corporation (100%)
16
3155
1000
27.75
Alexandria Minerals Corporation (100%)
10
3332
1000
27.75
Alexandria Minerals Corporation (100%)
16
207
1000
27.75
Alexandria Minerals Corporation (100%)
16
207
1000
27.75
Alexandria Minerals Corporation (100%)
16
207
1000
27.75
Alexandria Minerals Corporation (100%)
16
207
1000
27.75
Alexandria Minerals Corporation (100%)
16
207
1000
27.75
Alexandria Minerals Corporation (100%)
16
207
1000
27.75
Alexandria Minerals Corporation (100%)
16
2680.43
1000
27.75
Alexandria Minerals Corporation (100%)
16
2743
1000
27.75
Alexandria Minerals Corporation (100%)
16
5525.56
1000
27.75
Alexandria Minerals Corporation (100%)
16
17498.4
1000
27.75
Alexandria Minerals Corporation (100%)
16
23353.48
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
st
NI 43-101 Technical Report on the Akasaba Project – March 1 , 2013
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Geologica Groupe – Conseil Inc.
MINING CLAIM
3215652
3215653
3215654
3245031
3245041
3245042
3455871
3455872
3455873
3455874
3455875
3455883
3455884
3455885
3471821
3471822
3471823
3471824
3471825
3504541
3504542
3504543
3504544
3504545
3504551
3504552
3504553
3504554
3504555
3504561
EXPIRED DATE
09/03/2015
23:59
09/03/2015
23:59
09/03/2015
23:59
08/03/2015
23:59
08/03/2015
23:59
08/03/2015
23:59
01/04/2015
23:59
01/04/2015
23:59
01/04/2015
23:59
01/04/2015
23:59
01/04/2015
23:59
30/03/2015
23:59
30/03/2015
23:59
30/03/2015
23:59
01/04/2015
23:59
01/04/2015
23:59
01/04/2015
23:59
01/04/2015
23:59
01/04/2015
23:59
25/03/2015
23:59
25/03/2015
23:59
25/03/2015
23:59
25/03/2015
23:59
25/03/2015
23:59
26/03/2015
23:59
26/03/2015
23:59
26/03/2015
23:59
26/03/2013
23:59
26/03/2015
23:59
27/03/2015
23:59
AREA (Ha)
EXCEDENT
REQUIRED
WORK
REQUIRED
FEES
OWNER
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
31543.86
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
207
1000
55.5
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
1625
1000
27.75
Alexandria Minerals Corporation (100%)
st
NI 43-101 Technical Report on the Akasaba Project – March 1 , 2013
Alexandria Minerals Corp.
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Geologica Groupe – Conseil Inc.
MINING CLAIM
3504562
3504563
3504564
3504565
3609251
3609252
3609253
3609254
3609255
3609261
3609262
3609263
3609264
3609265
3609271
3609272
3609273
3609274
3609275
3609281
3609282
3609283
3609284
3609285
3923021
3923022
3923023
3923024
3923025
3923031
EXPIRED DATE
27/03/2015
23:59
27/03/2015
23:59
27/03/2015
23:59
27/03/2015
23:59
28/03/2015
23:59
28/03/2013
23:59
28/03/2013
23:59
28/03/2013
23:59
28/03/2013
23:59
30/03/2015
23:59
30/03/2015
23:59
30/03/2015
23:59
30/03/2015
23:59
30/03/2015
23:59
31/03/2015
23:59
31/03/2015
23:59
31/03/2015
23:59
31/03/2015
23:59
31/03/2015
23:59
27/03/2015
23:59
27/03/2015
23:59
27/03/2013
23:59
27/03/2015
23:59
27/03/2013
23:59
27/05/2015
23:59
27/05/2015
23:59
27/05/2015
23:59
27/05/2015
23:59
27/05/2015
23:59
28/05/2015
23:59
AREA (Ha)
EXCEDENT
REQUIRED
WORK
REQUIRED
FEES
OWNER
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
1861
1000
27.75
Alexandria Minerals Corporation (100%)
16
30742
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
207
1000
55.5
Alexandria Minerals Corporation (100%)
16
207
1000
55.5
Alexandria Minerals Corporation (100%)
16
207
1000
55.5
Alexandria Minerals Corporation (100%)
16
207
1000
55.5
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
207
1000
55.5
Alexandria Minerals Corporation (100%)
16
682
1000
27.75
Alexandria Minerals Corporation (100%)
16
207
1000
55.5
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
st
NI 43-101 Technical Report on the Akasaba Project – March 1 , 2013
Alexandria Minerals Corp.
23
Geologica Groupe – Conseil Inc.
MINING CLAIM
3923032
3923033
3923034
3923035
C008911
C008912
C008921
C008922
C008923
EXPIRED DATE
28/05/2015
23:59
28/05/2015
23:59
28/05/2015
23:59
28/05/2015
23:59
18/11/2014
23:59
18/11/2014
23:59
18/11/2014
23:59
18/11/2014
23:59
18/11/2014
23:59
AREA (Ha)
EXCEDENT
REQUIRED
WORK
REQUIRED
FEES
OWNER
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
16
0
1000
27.75
Alexandria Minerals Corporation (100%)
28
0
2500
54.25
Alexandria Minerals Corporation (100%)
33,2
0
2500
54.25
Alexandria Minerals Corporation (100%)
28
0
2500
54.25
Alexandria Minerals Corporation (100%)
36
13027.17
2500
54.25
Alexandria Minerals Corporation (100%)
20,2
3951.87
1000
27.75
Alexandria Minerals Corporation (100%)
Table 2: Mining Titles of the Akasaba Property
MINING CLAIM
EXPIRED DATE
AREA (Ha)
EXCEDENT
REQUIRED
WORK
REQUIRED
FEES
OWNER
37731
26/04/2015 23:59
19.6
28884.8
1000
27.75
Alexandria Minerals Corporation (100 %)
37732
26/04/2015 23:59
26
462640.6
2500
54.25
Alexandria Minerals Corporation (100 %)
37734
26/04/2015 23:59
15.2
3334
1000
27.75
Alexandria Minerals Corporation (100 %)
37735
26/04/2015 23:59
30
37646
2500
54.25
Alexandria Minerals Corporation (100 %)
37741
26/04/2015 23:59
12.8
9419.37
1000
27.75
Alexandria Minerals Corporation (100 %)
37743
26/04/2015 23:59
21.6
332438.56
1000
27.75
Alexandria Minerals Corporation (100 %)
37744
26/04/2015 23:59
20.4
272484
1000
27.75
Alexandria Minerals Corporation (100 %)
37745
26/04/2015 23:59
12.4
122325.33
1000
27.75
Alexandria Minerals Corporation (100 %)
37751
26/04/2015 23:59
35.2
5845
2500
54.25
Alexandria Minerals Corporation (100 %)
37752
26/04/2015 23:59
28
0
2500
54.25
Alexandria Minerals Corporation (100 %)
37754
26/04/2015 23:59
19.6
2824.78
1000
27.75
Alexandria Minerals Corporation (100 %)
37761
29/04/2015 23:59
10
0
1000
27.75
Alexandria Minerals Corporation (100 %)
37762
29/04/2015 23:59
7.2
0
1000
27.75
Alexandria Minerals Corporation (100 %)
37763
29/04/2015 23:59
37.6
0
2500
54.25
Alexandria Minerals Corporation (100 %)
37764
29/04/2015 23:59
24.4
25976.68
1000
27.75
Alexandria Minerals Corporation (100 %)
2173431
27/10/2014 23:59
6.92
318442
500
27.75
Alexandria Minerals Corporation (100 %)
2173432
27/10/2014 23:59
29.39
1590533
1200
54.25
Alexandria Minerals Corporation (100 %)
2173433
27/10/2014 23:59
3.17
163309
500
27.75
Alexandria Minerals Corporation (100 %)
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MINING CLAIM
EXPIRED DATE
AREA (Ha)
EXCEDENT
REQUIRED
WORK
REQUIRED
FEES
OWNER
3672671
16/05/2015 23:59
16
1386
1000
27.75
Alexandria Minerals Corporation (100 %)
3672673
16/05/2015 23:59
16
0
1000
27.75
Alexandria Minerals Corporation (100 %)
3672675
16/05/2015 23:59
16
3955
1000
27.75
Alexandria Minerals Corporation (100 %)
3672681
15/05/2015 23:59
16
8345.31
1000
27.75
Alexandria Minerals Corporation (100 %)
3672682
15/05/2015 23:59
16
0
1000
27.75
Alexandria Minerals Corporation (100 %)
3672683
15/05/2015 23:59
16
0
1000
27.75
Alexandria Minerals Corporation (100 %)
3672684
15/05/2015 23:59
16
2657.5
1000
27.75
Alexandria Minerals Corporation (100 %)
3672685
15/05/2015 23:59
16
597897.64
1000
27.75
Alexandria Minerals Corporation (100 %)
Figure 2 – Mining Titles of Akasaba Project
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4.1 Environmental Obligation
A portion of the Project (Akasaba property) is covered by muck pile from the
previous mining operations at the Akasaba Mine from 1959 to 1963 (Figure 2). This
muck pile is largely confined on and around the old shaft base. It is generally stable and
fairly dry and support grasses and herbaceous growth. Iamgold or its predecessors
previously planted conifers on various parts of the tailings and these trees appear to be
doing well. The tailing does not appear to have the potential to generate acid mine
drainage.
In order to conduct exploration work, Alexandria must respect all laws relative to
exploration and request all the appropriate forest intervention permits from the Quebec
Natural Resource and Fauna Ministry department of forest for all drilling and trenching
related activities.
5.0 ACCESSIBILITY, LOCAL RESOURCES, INFRASTRUCTURES AND
PHYSIOGRAPHY (Item 5)
Access
The Project is easily accessible by highway 117 using the Colombière village road
to the South, which passes south through the Akasaba property (Photo 1). A second road
allows to access the southeast portion of the claim group, by turning south on highway
117 at the Telebec communication tower and following the esker.
Photo 1: Main access road (view to the North)
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Local Resources and Infrastructures
Val-d’Or, with an extensive mining community and experienced manpower, lies 25
kilometers west of the Project. On site, the only remnants remaining from the past mining
activity are concrete foundations. An electric power line crosses the Project (on the
Akasaba property).
Topography and Vegetation
Except for an esker located at the eastern edge of the Akasaba Project (Sabourin
property), the Project has a flat topography between 335.28 to 350.52 meters. Despite
the flat topography, there are only a few small swampy areas. Some small streams are
present on the south-west and north-east parts of the property. A 300 meters by 2.5
kilometers zone of outcrops is located in the south-western portion of the Akasaba
property. The rest of the Project is covered by overburden (Figure 1 and Photo 2).
Photo 2: Small swampy area (view to the north)
Climate
Based on Environment Canada statistics, from 1971 to 2000, the region was
characterized by a mean daily temperature of 12°C. The month of July has an average
temperature of 17.2°C, whereas the month of January averages – 17.2°C. The extreme
minimum recorded temperature was -43.9°C, whereas the highest recorded temperature
was 36.1°C. There were 209 days recorded below freezing point. The average annual
precipitation of water is 954 mm. The month of September receives the highest average
precipitation with 101.5 mm of water. However, July is the month with the highest daily
amount of precipitation with 68 mm of water. Snow precipitation ranges from October to
May with the highest amounts between November and March. The average of
precipitation (in mm of water) for this six month period is 54 mm.
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6.0 HISTORY (Item 6)
Since 1923, the Akasaba property has a long history of prospecting, exploration and mining activities (Table 3).
The Table 4 shows the effort realized on the Sabourin property.
Table 3: Historical Work of the Akasaba Property
Date
Company / Individual
Work descriptions
Results
References
1923
MM. Rickaby &
McNiven
 Prospection
 Discovery of copper and gold showings
1
1926
Victoria Syndicate
 The company is incorporated.
 Drilling
1
 Hold 6 claims
GM 61751,
GM 62246
 Incorporated
1928 - 1929
Obaska Mines Ltd.
 2 zones of gold-copper
 Property offered by option to
Ventures Ltd.
1929
Valbec Exploration Ltd.
1930 – 1940
Mine Creators Ltd.
1941 – 1942
 Drilling: 11 holes (H-1 @ H11)=
610 meters.
Frobisher Exploration
Company
1, GM 62246
1
1
 Some work done by those
companies.
GM 08369
 Property is optioned
1
 Drilling: 11 holes (F-1 @ F-11) =
922 meters.
GM 02085-A
GM 8382
 Frobisher entitlement to Obaska
1942
1
GM 02085-B
Obaska Lake Mines
Ltd.
1944
1945
 Magnetometric & geological
surveys
1
 Drilling: 30 holes (H-12 @ H-39,
H-41, H-44) = 3 370 m.
GM 61751
 Drilling: H-40,H-45,H-46:532 m.
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Date
Company / Individual
Work descriptions
 Prospection
Results
References
2 mineralized lens:
GM 61751
- East : 135,143 t @ 6.4 g/t Au
- West : 34,466 t @ 6.89 g/t Au, 0.702 Ag/t,
0.9%Cu.
 Electromagnetic & geological
surveys
 Drilling: 3 holes (H-47 @ H-49:
460 meters.
1950
1
 Sinking Shaft
 Drilling : 6 holes (H-50 @ H-55) :
1,006 meters.
 Sinking vertical shaft wt 3
compartments.
1951
1
 Underground Drilling: (U-1-1 @
U-1-50): 1 306 meters, (U-2-1
@ U-2-47): 2 928 meters.
 Drilling: 15 holes (H-56 @ H-70):
2,212 meters.
1
 Trench: 52.4 m3
GM 61751
 Cartography / Prospection
GM 03276-B,
-A
1952
GM 02000
 Incorporated by Obaska Lake
Mines Ltd. and Bevcon Gold
Mines Ltd.
1959
1960
Akasaba Gold Mines
Ltd.
Ventures Ltd.
 Drilling: 24 holes (SB-71 @ SB82, S-84 @ S-95): 3,700 meters.
 Reserve Calculation
East Lens 19,131 t @ 5.76 g/t Au.
 Level 1 Drilling: 9 holes (T-1 @
T-9): 159 meters
 Underground Development
 Level 2 Drilling: 2 holes (U2-37A
@ U2-40A): 392 meters
 Stope preparation
 Acquisition of Frobisher stake
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Date
Company / Individual
Work descriptions
Akasaba Gold Mines
 EXPLOITATION 1960-1963
Results
References
GM 10078
 Geological Report
1962
Falconbridge Nickel
Mines
1963
 Acquisition of Ventures Ltd stake
1
 Drilling : 6 holes (S-95A @ S1100) : 727 meters.
GM 61751
 EM Horizontal Surveys and
Magnetometric Surveys
 Exploitation : 262,568 t at 5.14 g/t Au and 1.7
g/t Ag
 Level 1 Drilling: 72 holes (B1-51
@ B1-94, B1-60A, 71A, 76A, B196 @ -106, B1-108 @ -121):
2,028 meters
 Recuperation (91.4%) of 39,744 ounces Au and
12 746 ounces Ag.
 Level 2 Drilling: 43 holes (B2-48
@ B2-89, B2-51A): 2,223 meters
 Cartography / Prospection
W.W. Denis. With a
group
 Acquisition of Obaska Lake
Mines Ltd
1, GM 61751
Falconbridge Nickel
Mines
 Acquisition of the control of
Akasaba Gold Mines Ltd of
Obaska Lake Mines Ltd.
1, GM 61751
1967
 EM, Mag Surveys by Geoterrex
1, GM 61751
1970
 Become International Obaska
Mines Ltd.
1
 Hg (Mercury) survey
1
 Magnetometric, VLF, EMH
surveys
1
 Drilling: 3 holes (S-101 @ S103): 447 meters
GM 28513
 Cartography / Prospection
GM 61751
1964
1965
Obaska Lake Mines Ltd
1971
1972
Falconbridge Nickel
GM 28252
1976
Akasaba Gold Mines
 Become Akasaba Ressources
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Date
1981
1982
Company / Individual
Work descriptions
Ltd
 Drilling
Falconbridge/Internat
Obaska
Results
References
 Geological and Structural
surveys
GM 38234,
GM 37808
 PP Survey
GM 37807,
GM 37806
 Report
GM 38399
Brominco Inc.
 Option for the Falconbridge
property
1978
 PP Survey
1
 Drilling : 5 holes (475-79-1 @
79-5) : 964 meters
GM 35049
 6 chargeability anomalies (not drilled until 1983)
1979
GM 61751
GM 35049
GM 35048
GM 34909
 Lithogeochemistry
1980
Soquem (Louvem)
 Compilation
1
 Disappointing results
 Line cutting: 45 kilometers
1981
GM 61751
GM 36088
 Magnetometric Survey (45.7 km)
 Mineralized lens
GM 37806
 PP Survey
 Stripping: better comprehension
GM 37807
 Report on these surveys
 Recognition of the mineralized unit
GM 37808
 Drilling : 9 holes (475-81-06 @
81-14) : 2,008.6 meters
GM 61751
 Stripping, sampling and
analysing
 Geological and Structural Survey
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Date
Company / Individual
Work descriptions
Results
References
 Drilling : 7 holes (475-81-15 @
81-18, 475-82-19 @ 82-21) :
1,441 meters
 Recognition of geophysical targets.
1
 Report on these drilling and
exploration programs
 Probable Reserves: 376,770 t at 5.2 g Au/t with
3.2 m thickness on 4 lens and a potential of
200,000 to 300,000 t with same grade
GM 61751
 Stratigraphic Drilling : by MER :
3 holes (81-1 @ -3) : 686.40
meters
 Compilation
1982
 Reserves calculation
GM 39684
GM 39236
 Drilling : 1 hole (475-83-22) : 140
m
1983
 PP Survey
1, GM 39915
 No gold values
GM 61751,
GM 41262
 Agreement Soquem - Louvem
1985 March
1
 Exploration
Société Minière
Louvem / 50% Soquem
1986
 Compilation
1
 Prospection and Sampling
GM 61751,
GM 62246
 Master by Jeanne Lebel
1987
1994-1995
Louvem
Cambior / Cambiex
 Compilation
 Hole: 8.8 g/0.71 m et 11.8 g/ 0.91 m
1
 Drilling: 1 hole () 373 meters
 Reserve :
GM 61751
 Reserve calculation
Total : 254,750 t at 6.33 g/t Au (cutting grade :
3.4 g/t)
GM 62246
Potential : 100,000 t
GM 45687
 Drilling:13 holes 4,802 meters
GM 61751
 Pulse-EM survey
GM 62246
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Date
Company / Individual
Work descriptions
Results
References
 Humus Geochemistry survey
GM 52955
 Stripping
GM 52862
 Lithogeochemical Sampling
1998
2003
Cambior Exploration
2004
2005
2006-2011
1.
Alexandria Minerals
 Master by Lev Vorobiev
GM 62246
 Showing visits
GM 61751
 Lithogeochemistry Sampling
GM 62246
 Geophysical Compilation
 Drilling: 616 meters
GM 61751,
GM 62246
 Drilling: 2 holes 1,130 meters
GM 62246
 Mag and PP Surveys
GM 61960
 Data Compilation
Resources :
Internal
Reports
 Mag and IP Surveys
Underground:
(NI 43-101 on
Sedar)
 Mapping and reconnaissance
survey
Indicated: 563,660 t at 5.91 g/t Au; Inferred :
1,462,560 t at 5.29 g/t Au
 Resources Calculation
Open Pit :
 Drilling: 125 drillholes =
39,004.34m
Indicated : 10,092,937 t at 1.37 g/t Au (ratio O/W :
2.4); Inferred : 497,083 t at 1.76 g/t Au (ration
O/W : 0.7)
Société Minière Louvem Inc. 1987 – Propriété Akasaba. Synthèse géologique et évaluation du potentiel économique. Février 1987. Soquem.
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Table 4: Historical Work of the Sabourin Property
Date
Company / Individual
Work descriptions
Results
Reference
1944-1983
Goldora Mines Ltd.
Macbart Mines Ltd.
Jolin Bourlamaque Mines
Nemrod Mining/Timrod
Mining
Sabourin Creek Mines Ltd
Groupe Minier Brossard
(Brominco)
1984
Brominco /
Esso Minerals
1985-1986
1987-1988
Aur Resources Inc
Drilling: 57 holes 10,500 meters
Geophysical Surveys
IP Surveys
Report
Mag Survey













Agreement with Esso Minerals
Compilation
Line Cutting
MAG/VLF Surveys
Humus Sampling
Cartography
Brominco become Aur Resources
Agreement with Esso Minerals
Striping
Detailed Cartography
PPL-IP Surveys (110.5 kilometers)
Overburden Drilling: 162 holes
Drilling: 24 holes 5,036.2 meters
 Agreement with Zuni Energy Corp
 Drilling: 14 holes 2,822.1 meters






1996
1997
2004-2006
Alexis Minerals Corp.
2007-2011





GIS Compilation
Drilling: 11 holes 3,967.5 meters
PEM Survey on DDH 403-45
IP Resistivity Survey
Agreement with Aur Resources
Drilling: 3 holes (AMCD-22 @ -24)
941.8 meters
 Electromagnetic (PEM) Survey on
DDH
 Lithogeochemistry Sampling
 Discovery of Sabourin
Creek and Jolin
Bourlamaque mineralized
zones.
GM 61829, GM 56176
GM 33353 GM 06920
GM 32927 GM 06908
GM 32868 GM 06906
GM 29536 GM 06885
GM 25809 GM 01095
GM 23874 GM 00884
GM 14098 GM 06950
GM 00501
GM 00502-B, -A
 Several encouraging gold
intersections associated
with quartz-tourmalinearsenopyrite veining.
GM 61829, GM 56176
GM 42320
GM 41848

GM 61829, GM 56176
GM 43291
GM 43290
GM 42889
GM 42343
GM 61829, GM 56176
GM 48024
GM 47328
GM 61829, GM 56176


 Good gold values
GM 61829
GM 54614
 Skarn type mineralization
 Anomalous gold and
copper in breccias.
 0.56 g/tAu,1.4%Cu / 2.6m
GM 61829
 Mapping
 Compilation in GIS format

 Airborn
Magnetic
Survey
interpretation (50m spacing)
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7.0 GEOLOGICAL SETTING AND MINERALIZATION (Item 7)
7.1 Regional Geology
7.1.1 Stratigraphy
The Akasaba Project is located in the southern portion of the Abitibi Greenstone
Belt, in the Superior Structural Province. The Abitibi Greenstone Belt belongs to the
Abitibi Province of the Canadian Shield and is the largest Archean aged greenstone belt
in existence. As one of the best established and prolific gold mining districts in the world,
it is home to over 100 mines that have produced over 170 million ounces of gold since
1901. The Abitibi Greenstone Belt is also host to numerous base metal deposits, having
produced over 35 billion pounds of zinc, 15 billion pounds of copper, and 400 million
ounces of Silver.
The Abitibi is underlain by alternating belts of volcano-plutonic rocks and
sedimentary rocks bounded by regional deformation corridors. All rocks are Archean in
age, except for the northeast striking diabase dykes which are Proterozoic in age.
Volcanic rocks of the Malartic Group predominate in the northern half of the area while
clastic sedimentary rocks of the Pontiac Group are dominant to the south.
The volcanic rocks in the Val-d’Or area are subdivided into two principal groups:
the Lower Malartic Group to the north and the Upper Malartic Group to the south. The
lower Malartic Group hosts the LaMotte, Vassan, Jacola, and Dubuisson Formations. It is
dominated by intercalated submarine komatiites and tholeiitic basaltic flows. The Upper
Malartic Group hosts the Heva and Val-d’Or Formations. The Val-d’Or volcanic Formation
ranges from tholeiitic to calc-alkaline in affinity (Imreh, 1984) and includes mafic to
intermediate flows, rhyolitic flows, flow breccias and felsic to intermediate pyroclastic
rocks. Pillow basalts of the overlying Blake River Group occur further west in the Malartic
area (Figure 3).
Clastic sedimentary rocks of the extensive Pontiac Group overlie the Upper
Malartic volcanic Group to the south. These are turbidites consisting of interbedded
greywacke, siltstone, argillite and conglomerate. Similar clastic sedimentary rocks of the
Cadillac and Kewagama Groups occur further west in the Malartic area and within the
Cadillac Break in the Val-d’Or area.
Several large granitic intrusions have been emplaced in the local stratigraphy, the
largest being the post-kinematic Lacorne and Pascalis Batholith. The Bourlamaque
Batholith is a syn-volcanic granitoid intrusion described as a quartz diorite by Campiglio
(1977). The Center Post (East Sullivan Intrusive) is a zoned intermediate stockwork with
a monzonitic core and a dioritic rim, emplaced in the Upper Malartic Group rocks.
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Numerous smaller intrusions including diorite-gabbro sills of possible sub-volcanic origin
and younger feldspar porphyry dykes occur throughout the region.
7.1.2 Structural Geology
The Upper and Lower Malartic Group rocks have an overall east-west strike and dip
steeply to the north. The sequence is overturned and faces stratigraphically to the south
and forms the south limit of the Lamothe-Vassan regional anticlinorium (Imreh, 1984).
The Val-d’Or Formation has been affected by two (2) phases of regional deformation. The
main deformation D2 is characterized by a penetrative S2 schistosity striking E-W steeply
dipping to the north and characterized by anastomosed shear zones (Desrocher et
Hubert, 1996). East-west oriented folds (F2) are recognized with the Val-d’Or Formation,
creating local inverse polarity. The late deformation D3 event is marked by NNW and NE
brittle faults.
The most prominent structure of the area is the Cadillac Break situated near the
Pontiac Group – Malartic Group contact. It is a major tectonic zone characterized by
intense shearing and mechanical deformation, traceable from Kirkland Lake (Ontario) to
Louvicourt (Quebec).
7.1.3 Regional Metamorphism
The rocks from the Malartic Group consist of a middle greenschist facies
metamorphic grade characterized by chlorite-epidote-carbonate metamorphic mineral
assemblage in the mafic rocks. Regional metamorphic grade increases toward the south
into the upper greenschist facies in the vicinity of the Cadillac Break and amphibolite
facies further south (Imreh, 1984). Primary volcanic textures, such as pillows and
spherulites are well preserved outside of major shear zones and intrusions.
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Figure 3. Regional Geologic Map of Alexandria’s Cadillac Break Properties (including Akasaba Project)
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7.2 Property Geology and Mineralization
The Project is dominated to the north by volcanic and intrusive rocks of the Heva
Formation in the Upper Malartic Group and by rocks of the Cadillac Group, the Piche
Group and the Pontiac Group to the south. The Project is overlaid to the north by basaltic
flow breccia, pillowed basaltic flow, intermediate to mafic tuffaceous units and syn to post
volcanic dykes of the same affinity striking roughly E-W and steeply dipping to the south.
The entire package is intruded by late quartz-feldspar porphyritic dykes. The
Akasaba main deposit (eastern part) is hosted at the stratigraphic top of the Heva
Formation in sheared tuffaceous units and brecciated pillow basalt, at contact with dioritic
to gabbroic dykes. The zone is hosted in a deformation corridor that occurs sub-parallel to
the Cadillac Break, which is located some 800 m to the south. Rocks from the Akasaba
main deposit sequence display a skarn type alteration assemblage: epidote-hornblendeactinote-magnetite (+/- garnet, amphibole). Other hydrothermal alteration consists of
quartz-carbonate veins, and associated wall rock albitization, and carbonatization of
some units. The entire sequence is intersected by NE-SW trending fault. The
displacement along those faults is minimal. Further south, the volcanic sequence contacts
greywacke and argillite from the Pontiac group.
Between 1960 and 1963, the Akasaba mine produced 265,000 tonnes with an
average grade of 5.20 g/t Au and 1.7 g/t Ag. In the 1970’s and early 1980’s Soquem
estimated a resource of 255,000 tonnes at 6.33 g/t Au in 4 lenses (A, B, C, D) as shown
on Figure 4 below. The gold was thought to be associated with stratiform disseminated to
semi-massive lenses of pyrrhotite-chalcopyrite hosted in mafic lapilli tuffs, and brecciated
basalt altered with epidote-hornblende-actinolite and related to contact metamorphism.
The genesis of the deposit remains controversial. Two master thesis present different
hypothesis. One of these (Lev Vorobiev, 1998) supports the hypothesis that the
mineralization is emplaced during skarn development whereas the other the (Jeanne
Lebel, 1987) was in favor a VMS genesis. It is possible that the actual Akasaba deposit
characteristics and geometry are a result of an overprinting of several gold mineralization
events (hydrothermal, orogenic and skarn). Our observations tend towards a ShearHosted Gold Deposit with a Skarn-Type association and Sheared Volcanic Massive
Sulfides (VMS).
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Figure 4. Schematic interpretation of parallel mineralized lenses identified at the Akasaba mine by
Cambior.
7.2.1 The Main Akasaba Deposit - A Shear-Hosted Gold Deposit with SkarnType Associations and Sheared Volcanic Massive Sulfides (VMS).
The origin of the deposit at Akasaba is controversial and two master thesis
conducted on the historic Akasaba deposit have presented two different hypothesis. One
thesis (Lev Vorobiev, 1998) supports that the mineralization was emplaced during skarn
development whereas the other (Jeanne Lebel, 1987) was in favor of a VMS genesis
hypothesis. Observations done by Alexandria geologists show that it is possible that the
actual Akasaba deposit characteristics and geometry are a result of an overprinting of
several gold mineralization events (hydrothermal, orogenic, and skarn).
Exploration work on the main Akasaba deposit leads to the following observations:
•
•
•
Drilling along strike from the historic mine sequence identified several 3m to 10m
sub-parallel mineralized zones.. Among the different zones, two (2) have been
consistently identified within the mine sequence (Zone A and C).
Gold mineralization is mainly associated with altered intermediate to mafic lavas
and tuffs that are confined to the north by a gabbro sill and to the south by an
overlying rhyo-dacitic dome.
The parallel gold bearing zones principally occurred in sub-vertically to vertically
sheared volcanic units, brecciated basalts, in pillow margins that contact syn to
post volcanic dioritic to gabbroic dyke.
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•
•
•
•
•
•
•
•
•
The alterations associated with the gold mineralization consist in an epidotefeldspar, possibly albite-carbonate association +/- quartz hydrothermal alteration
and/or veins.
Sulphides are often abundant within the gold bearing zone, but the amount of
sulphides does not seem to directly relate to the amount of gold. Sulphides occur
in three main forms: semi-massive, disseminated, and finely re-disseminated. The
main sulphides observed is pyrrhotite, with anomalous but widespread
chalcopyrite. Pyrite mineralization is rare in the main Akasaba horizon. The
presence of sulphides within the host rocks may have provided a chemical trap.
Gold occurs in alteration zones and/or in quartz-carbonate (salt and pepper
texture) veins and veinlets oriented along main deformation. V.G. is very rare and
only occurred in quartz carbonate sp (salt and pepper texture) veins along with remobilized pyrrhotite.
The deformation corridor is sub-parallel to the Cadillac Break, and is locally
displaced along late NE-SW faults.
The mineralization and associated alteration are found within the contact
metamorphic aureole surrounding a buried intrusive located to the west of the
Akasaba property. As a result, potassic and localy felsic alteration become
stronger toward the west along with high copper mineralization.
Gold mineralization may have been emplaced by hydrothermal activity that
occurred late in the volcanic cycle, which means the original gold deposit would
have been deformed by the Cadillac Deformation Zone (`CDZ`). The entire system
appears to have been altered by the emplacement of a buried intrusive located to
the west during which time the development of skarn type mineralization modified
the pre-existing gold mineralization.
At the time, additional gold may have been deposited by gold bearing fluids
ascending the CDZ and sub-parallel structures.
Recent drilling shows that there is still a good potential for economic gold
mineralization at depth.
Sub-parallel gold zones are present but locally poorly defined. In general, the
presence of gold is scattered in those zones. More drilling should be done in order
to test those sub-parallel zones.
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Figure 5 – Geology of Akasaba Project
7.2.2 The New Au-Cu Akasaba West Zone
The new West Zone is located along strike and about 1.2 km west from the historic
Akasaba mine and straddles the boundary between the Akasaba and adjacent Sabourin
properties (Figure 6). The zone is located south of the Callahan Intrusive, within its
metamorphic alteration halo or aureole. Sixteen (16) drill holes have been drilled by
Alexandria on this zone.
The zone is hosted in a sheared meta-volcanoclastic sequence mainly composed
of felsic to intermediate crystal tuffs and rhyo-dacitic flows and local mafic tuffs. The
intermediate and felsic volcanoclastics display a strong silicate alteration with the
presence of local sericite and clay where the deformation is more intense. The entire
sequence is vuggy, probably related to the dissolution of the carbonate and locally the
sequence is mylonitized. Mafic units are generally altered in biotite and chlorite probably
related to regional metamorphism. The alteration within the zone grades from sericitic to
the south to carbonatized to the north of the sequence.
The geology in the new zone is mainly composed of interbedded felsic to
intermediate volcanoclastics and rhyodactic flows. Intermediate and mafic intrusives are
rare, apart from the Quartz-Feldspar Porphyry dykes that are intersected to the north
more proximal to the Callahan intrusion.
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The sequence is generally oriented at 080E and steeply dipping to the south. Two
main deformation zones occur within the sequence. These zones are also oriented E-W
to ENE-WSW and are steeply dipping to the south. They are associated to a higher
degree of alteration and generally carry higher grade content. NE-SW faults cross cut the
sequence. The exact orientation and plunge of those faults is unknown. Drill hole IAX-11185 and IAX-12-200 intersected a large brittle fault filled with sand and gravel (fault
gouge) and, in IAX-12-200, by a highly brecciated dacitic unit, with a fracture network
filled with quartz-feldspar (possibly albite). The NE-SW fault can be identified to the west
of the mineralized zone on the magnetic map (Figure 7), but has not yet been identified in
the drill core. The gold-copper mineralization displays a WSW plunge at a 40 to 50° angle
that remains open at depth.
Exploration drillholes to the west of the new zone also intersected a long sequence
of intercalated intermediate and rhyodacitic volcanoclastics. However, the units tend to be
more massive and silicified as well as less mineralized with sulphides. In general, the
zone is less altered, and the sulphides mineralization is restricted to narrow deformed
zones, fractures and rare quartz veins.
Figure 6 – Geology of the Akasaba Project (New West Au-Cu Zone)
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Figure 7 – Magnetic Gradient Showing the Burried Intrusive west of the Akasaba Project
8.0 DEPOSIT TYPE (Item 8)
The Val-d’Or Camp presents a good potential for hosting a wide variety in styles of
mineralization. The following table (Table 5) illustrates the different types of mineral
occurrences known in the area, and adjacent to, or near, the Akasaba Project. Lowgrade, large-volume mining, in addition to higher grade zones at surface and at depth
should be considered and evaluated for gold mineralization currently delineated on the
Akasaba Project. These approaches are presently successful at the Canadian Malartic
Mine (Osisko Mining Corporation) and at the Lapa Mine (Agnico-Eagle Mines Ltd.), and
appears to be more feasible with the increasing price of gold..
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Table5:DescriptionofCadillacBreakdeposits and inactivemines in thearea
Properties
Deposit Names
Ducros
Status
Oramaque
Hosting Rock
Structure
Mineralization
Worked Deposit
Near Bourlamaque River.
Porphyry Copper
Syenite
Fractures Filling
Cu-(Ag-Mo-Au)
Disseminated Cpy
Zone Porphyre Ouest
(Ducros-2)
Worked Deposit
GM 25750, plan 2
Porphyry Copper
Syenite
Fractures Filling
Cu-(Ag-Au)
D’Aragon-Copper
Worked Deposit
DDH 1601 at 1 375 m south of
East Sullivan Deposit
VMS / Lode
Intermediate to Felsic
volcanoclastic Rocks
VMS = Stratiform
Lode = Fractures filling
Cu-(Au-Zn)
Orenada Zone 1 (zone
Nord)
Evaluated Tonnage
Deposit
400 m south of Bourlamaque
River
Volcanogenic Gold
Deposit / Lode
Intermediate to Felsic Volcanic
Breccias intercaled with
Fragmental and Tuffaceous units
Fractures Filling in breccia
zones
Ag-Au-Cu
Mine Mid-Canada Zone
Sud
Closed Mine
Near Bourlamaque River.
Around 450m NNW of
Orenada Shaft #4.
Volcanogenic Gold
Deposit
Andesitic flow breccia intercaled
with basalt and , tuff and Felsic
lavas
Fractures Filling in breccia
zones
Au-(Ag-Cu)
Hogg Zone
Worked Deposit
60 m North of Zone 3
Gold Deposit
Brecciated band Chert comprise
between Gabbro and Andesite
Shear Zone N110°/90°
Gabbro and Andesite
Au
2-10% Py
Oramaque Zone 3
Worked Deposit
6.3 Km NW of Ben Lake
Gold Veins
Quartz-Carbonate StockworkBreccia in a Gabbro or Andesite
Shear and Fractures Filling
Au-Cu
Porphyre Zone
Worked Deposit
45 m north of Hogg Zone
Gold Lode
Feldspath Porphyritic Dyke within
intermediate lavas
Fractures Filling
Au, Hydrothermal min. ass. To
Fels.Porp. Dyke
North Zone
Worked Deposit
5.7 Km NW of Ben Lake
Gold Lode
Carbonate-Sericite-Chlorite Schist
Cadillac Tectonic Zone.
Shears/fract. filling
Au
1-2% Py-Aspy, dis.
South Zone
Worked Deposit
60 m South of Zone North
which is located 5.7 Km NW
of Ben Lake
Gold Veins
Carbonate-Sericite-Chlorite Schist
Cadillac Tectonic Zone.
Shears/fractures filling
Au
1-2% Py-Aspy, dis.
Schist Zone
Worked Deposit
170 m south of east extremity
of North Zone
Gold Veins
Talc-Chlorite Schist
Cadillac Tectonic Zone.
Shears/fractures filling
Au, Aspy dis. in quartztourmaline veins/veinlets
Orenada No.2
Worked Deposit
800m south of Bourlamaque
River
Gold Veins
Grauwacke, Quartz-ChloriteSericite-carbonateSchist
Cadillac Tectonic Zone.
Shears/fractures filling
Au
Py-Aspy blue quartz veins.
Closed Mine
1300m south of Bourlamaque
River
Gold Veins
Grauwacke, Argillite of Cadillac
Group
Cadillac Tectonic Zone
Folding: 1. N295°/75°N
2. N016°/36°E
Orenada
Aur Resources Joint Venture
Typology
Zone Porphyre Est
(Ducros-1)
Mid-Canada
CADILLAC BREAK PROEPRTIES – Evaluated Deposits, Mines
Location
Orenada 4
Au-Ag
Resources or most significant
Results
Estimated Ressources:
5 to 10 Mt @ 0.20%Cu, 0.02%MoS2
Best Intersections: 1.06%Cu / 13.5 m,
1.22% Cu / 0.9m, 4.22%Cu,
1.03g/tAu, 3.8 g/tAg / 0.9m
Best Intersections: 7.20%Cu, 6.86 g/t
Au / 0.61m
1.13%Cu, 7.54g/t Au / 0.30 m
Estimated Resources:
113,950 t @ 1.02%Cu, 4.05 g/tAg
Past Production :
72,000 t @ 3.33 g/tAu, 1.7 g/tAg
(1981)
89,269 t @ 2.26 g/tAu
Best Intersections:
23.31 g/tAu/1.83m, 9.60 g/tAu/0.61m
Best Intersections: 1.23 g/tAu,
1.42%Cu / 0.91 m
0.48 g/tAu, 43.70%Cu / 0.91 m
0.75 g/t Au / 1.68 m incl. 1.13 g/t Au /
7.62 m and 2.57 g/t Au / 0.91 m
Best Intersections:
1.99 g/t Au / 1.22 m, 2.12 g/t Au /
1.52 m
Best Intersections:
1.03 g/tAu / 3.66 m incl. 2.33 g/tAu /
0.61 m
Best Intersections:
0.96 g/tAu / 2.44 m incl. 1.68 g/t Au /
0.61 m
Best Intersections: 6.72 g/tAu/1.52m,
18.51 g/tAu/0.61 m, 10.97
g/tAu/0.91m
Recent Estimated Resources (2009)
2.84M tonnes at 1.02 g/t Au
(Indicated) and 5.16M tonnes at 1.14
g/t Au (inferred)
Past Production:
Brominco : 20,418 t @ 1.85 g/tAu
(865 oz)
Aur Res. : 72,195 t @ 1.72 g/t Au
(4,000 oz)
Alteration
References
Hem, Si
Cogite 32C/04-0089
GM 29960
Hem, Si
Cogite 32C/04-0089
GM 25720
Si
Cogite 32C/04-0065
GM 12803
Carb, Epi, Hem, Si
Cogite 32C/04-0089
GM 49911
GM 43337
Carb, Epi
Cogite 32C/04-0089
GM 43337
GM 49911
Cogite 32C/4-1009
GM 47650
?
Cogite 32C/04-1009
GM 47650
Carb, Hem
Cogite 32C/04-1009
GM 47650
Carb, Chl, Ser, Si
Cogite 32C/04-1010
GM 47650
Carb, Chl
Cogite 32C/04-1010
GM 47650
Talc-Chlorite, Carb,
Ser
Cogite 32C/04-1010
GM 47650
Chl, ser, carb
Cogite 32C/04-0089
GM 37912
Talc-Chlorite, Ser,
Carb
Cogite 32C/04-0089
GM 12802
GM 42867, GM 43337
Recent Estimated Resources (2009)
7.44M tonnes at 1.48 g/t Au
(Measured and Indicated) and 2.24M
tonnes at 1.57 g/t Au (inferred)
Orenada No.5
Worked Deposit
UTM Z.18 299469 (E)
5325288 (N)
Copper Lode
In breccia within Andesitic Rocks
Sabourin Creek
Worked Deposit
4.6 km NW of Ben Lake
VMS
Intermediate Ash,lapilli Tuff
brecciated
Sabourin Creek Area 1
Worked Deposit
Hole 403-30 @ -45
Nad 83 Z.18 302598(E)
5324210 (N)
Gold Veins
Talc-Chlorite-Carbonate Schist /
Chlorite-Sericite Schist
Akasaba
Closed Mine
Nad 83 Z.18 308977(E)
5324628 (N)
Skarn and Lode gold
Mafic Tuff and Basaltic Flow
Breccia
Andesite in contact with
Monzonitic East Sullivan
Pluton
Au-Cu-(Ag-Zn)
Diss.-Semi-Massive Po,
Py,Cpy,Sp
Gol
d
Sabourin Creek
Akasaba
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Cu-Au-(Ag)
Cadillac Tectonic Zone
Au
Quartz-carb.-Aspy veins
Au-Ag
Best Intersections
1.22%Cu/13.72m, 1.46%Cu/2.19m
Best Intersections:
0.57 g/tAu, 1.44%Cu/ 2.6m incl 0.69
g/tAu,2.33 %Cu,12.6
g/tAg,0.1%Zn/1.4m
Best Intersections
1.20 g/tAu/3.66 m incl. 4.35
g/tAu/0.61m
Past Production:
262,568 t @ 5.14 g/t Au and 1.17 g/t
Ag
Carb, Epi, Sil, Chl
Cogite 32C/04-0089
GM 12802
Epi, Chl, Act
GM 56176
GM 48024
Grondin-Brisson, 2004
GeologicaGroupe–Conseil Inc.
Deposit Names
Status
Bloc south Sleepy
Sleepy Zone
Evaluated Tonnage
Deposit
Trivio
Riviere Marrias
Worked Deposit
GOLD VEINS
INACTIVE MINES
NEAR AND ADJACENTS CLOSED MINES (12 km)
VMS
Properties
Location
Rang V, Lot 54 in Louvicourt
Township on SE shore of
Sleepy Lake
Marrias River Shore, West of
Trivio Lake
Typology
Hosting Rock
Structure
Mineralization
Resources or most significant
Results
Alteration
References
Gold Veins
Tonalitic Facies of Vicour sill
NE Shears
Au
Po-Cpy,Py Diss.
Inferred Res:
1,557,000 t @ 3.0 g/t Au
Metasomatism,
Ser,Chl, Sil
Cogite 32C/03-0059
GM 58273
Gold Veins
Felsic Volc. Rocks, sheared and
altered
Western limit by NE major
Fault
Au-(Cu)
Py-Cpy with VG
Sil, Alb, Carb
Cogite 32C/04-0046
GM 42345
Lithological contacts
Cu-(Au-Ag)
Best Intersections
8.34 g/tAu/6.10m, 7.8 g/tAu/2.43m
Past Production:
280,768 t @ 1.41% Cu, 0.17 g/t Au,
3.08 g/t Ag
Past Production : (milled):
141,000 tCu, 73,000 tZn, 3,910
kgAu,19,000 kgAg
Past Production: 2,358,000 t @
0.21%Cu, 5.59% Zn,34.29 g/tAg, 0.69
g/t Au
Past Production:
11 Mt @ 3.6%Cu,1.5%Zn
Past Production:
13.8 Mt@ 0.4%Zn,0.07%Cu, 0.34 g
Au/t,11.7 /tAg
Past Production :
407 409 onces Au, 145 500 onces Ag
Past Production: 140,000 t à 14,80 g/t
Au,
131,037 t grading 4,96 g/t Au.
Past Production:
194,093 t @ 4,46 g/t Au and 0,83 g/t
Ag
Past Production:
132,328 t @ 2.41 g/t Au
Past Production:
1,106,812 t @ 6,24 g/t Au
Past Production:
1,710 102 t @ 6.46 g/t Au
Past Production: milled: 140,889 kg
Au
22,519,000 t @ 6.26 g/tAu.
Past Production:
1,800,281 t titrant 3,00 g/t Au
Past Production:
1,611,368 t @ 8,67 g/t Au Metal:
13,977.64 kg Au
Past Production :
1.8 Mt@ 2.7 g Au/t; 156,255 oz Au
Past Production:
310,431 t @ 5.5 g Au/t; 31,915 oz Au
Past Production:
68,612 t @ 5.6 g/t Au.
Chl, Ser
Cogite 32C/04-0080
Chl, Sil, Ser
Cogite 32C/04-0064
Chl, Ser
Grondin-Brisson, 2004
Cogite 32C/04-0085
Chl, Ser, Sil
Grondin-Brisson, 2004
Cogite 32C/04-0102
Carb, Ser, Chl
Grondin-Brisson, 2004
Cogite 32C/04-0076
Tour
Cogite 32C/03-0032
Sil,Carb, Chl, Tour
Cogite 32C/03-0054
Ser, Alb,Carb
Cogite 32C/04-0036
Chl, Carb
Cogite 32C/04-0082
Mine Dunraine
(Rainville)
Shaft #1 near Louvicourt and Bourlamaque Township
Limits.
Felsic-Interm. volcanoclastic Rocks
East-Sullivan (Sullico)
East Sullivan Shaft.
Nad 83 Z.18 298027 (E) 5327803 (N)
Superior Malartic Sub-Group.
Volcanic Rocks
Louvem
21 km east of Val-d’Or
Volcanic Rocks and felsic pyroclastic rocks
Louvicourt
22 km east of Val-d’Or, 700 m north of highway 117
Volcano-sedimentary rocks
Manitou-Barvue
13 km east of Val-d’Or, range VII, Bourlamaque
Township
Felsic pyroclastic rocks
Shear zone
Cu-(Ag-Au-Pb-As-Zn)
Mine Bevcon
200 m south of highway117 near NW corner of Lot 45,
range VII Louvicourt Township.
Bevcon Tonalitic Stock
Sheared Zones
Au-(W-Bi-Zn-Cu-Ag)
Mine Chimo
40 km east of Val-d'Or, ranges I and II, Vauquelin
Township
Trivio Group
N290°/70° schistosity
Au-(As)
Mine Courvan
500 m east of Perron-Colombière road
Granodiorite, Bourlamaque Batholith
WSW-ENE shear Zones
70°N.
Au-(Ag)
Mine d’Or-Val (Beacon
no.2)
Mine Dumont (Bras
d’Or)
Mine Ferderber
(Belmoral)
Ranges VIII and VII Louvicourt Township railways of
Val-d'Or-Senneterre.
Range IX Bourlamaque Township, 6.4 km east of Vald'Or
Range X, near central line of Bourlamaque Township,
11.2 km NE of Val d'Or
Altered and sheared granodiorite
Shear N070° Dip 60° to 80°
South
Au-(Ag-Cu)
Altered, sheared and foliated granodiorite, Bourlamaque
Batholith
Dumont Shear Zone
Au
Sheared Granodiorite
N070°/65° Shear zone
Au-(Ag)
Lamaque
Shatf #6.
Nad 83 Z.18 294127 (E) 5330487 (N)
Granodiorite
Stockwork, shear veins
AU
Mine Lucien
C.Béliveau
500 m South of #3 milepost Pascalis-Louvicourt
Townships
Diorite Dyke
40°S veins
Au
Perron
475 m east and 100 m north ofSW corner range II of
Pascalis Township.
Granodiorite of Bourlamaque Batholith
Shears
Au-(Ag)
Sigma No.2 (Vicour)
North extremity of Lot 34, Range V in Louvicourt
Township
Vicour Sill. Gabbro. Tonalitic granophyre
NE shears
Au-(Ag-Cu-As)
Simkar (LouvicourtGoldfield)
Shaft at 20.8 Km east of Val-d’Or
Gabbro-Diorite-Granophyre sill
Stockwork in a shear parallel
to schistosity
Au-(Cu-Zn-W)
Wrightbar (Zone D)
14.5 km east of Val d'Or, and 7 km SE Ferderber Mine
Schist near Bourlamaque Batholith
Shear Zone
Au-(Cu)
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Ag-Zn-Cu-(As-Cd-Fe-Au)
Cpy-Sp-Ga-Au-Py-AspyStratiform, transposition?
Au-Zn-Ag-(Cu-Pb)
Cu-Zn-(Ag-Au-Pb)
Hydrothermal
alteration
Hydrothermal
alteration
Cogite 32C/04-0024
Cogite 32C/04-0026
Carb,Alb, Sil
Cogite 32C/04-0057
Carb
Cogite 32C/04-0039
Chl, Carb, Ser
Cogite 32C/04-0033
Metas., Ser, Chl, Sil
Sil, Pyr, Carb, Alb
Chl
Grondin-Brisson, 2004
Cogite 32C/04-0027
Grondin-Brisson, 2004
Cogite 32C/04-0081
Cogite 32C/04-0098
Geologica Groupe – Conseil Inc.
9.0 EXPLORATION (Item 9)
9.1 Humus survey on the Akasaba Project
During the summer and fall 2012 (between July 10th and July 14th and from
September 19th to September 28th), a humus survey was conducted over the new
Akasaba west zone discovered during the drilling campaign 2011-2012 (Figure 8). A part
of this section was provided from the internal work report prepared by Émilie Batailler for
Alexandria in December 2012 (internal report).
Figure 8 – Humus Survey with Gold values (Ref: E. Batailler, December 2012)
The Akasaba grid, which has lines spaced 100m apart, was used as control for the
humus survey. Samples were taken along the grid every 12.5m at each grid station (25m
spacing) and in between each grid stations (Photo 3). A total of 610 humus samples were
collected in two stages.
The humus geochemical survey conducted over the Sabourin and Akasaba
properties generally returned low gold grade (< 25 ppb). Two distinct populations have
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been defined that are characterized by different gold background level mostly related to
the vegetation type and the draining system. In general, it is hard to assess the value of
the information even after proceeding to statistical transformation. This is particularly true
since in the lowland-poorly drained area most results are below detection limit.
Photo 3: View to the north of linecutting
Indeed, samples taken in this area were generally not as good humic samples than
the samples taken in forested- well drained area, and might not be representative of the
underlying bedrock.There are sub-populations within the main two populations that can
be related to ground disturbance, slope change (runoff), and maybe bedrock anomaly It is
possible this is related to the glacial effects (transportation and deposit). Gold variation in
humus may also be related to overburden thickness variation over the area which is
poorly assessed.
Two anomalous areas have been identified that could be related to bedrock
anomalies. However, the anomalous zone located over the new Akasaba west zone
shows that the correlation between the range of the anomaly and the amount of gold
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analysed in diamond drilling is null even though the anomaly correlates with the favorable
mineralized horizon. Drilling results from the exploration campaign around the Callahan
intrusive will have to be compared with the localisation of the northern B-anomaly and Danomaly to determine if the use of humus sample was relevant in this area.
9.2 Data Compilation on the Sabourin Property
The Sabourin (Sabourin Creek) Property, contiguous with, and to the west of, the
Aksaba property, hosts the western portion of the West Au-Cu Zone. During the year
2012, a data compilation has been done on the property in order to re-assess its potential
for gold and copper mineralization. Historical drillhole data have been integrated in
Alexandria’s central database and a GIS data compilation of available historical
overburden, humus, mapping, and geophysical surveys have been done in
MapInfo/Discover. A part of this section was provide from the internal work report
prepared by Mrs Émilie Batailler for Alexandria in January 2013.
Historical work highlighted 3 main gold zones occurrences (Jolin Bourlamaque,
Sabourin Creek and Cadillac Break Zones) on the Sabourin property that was discovered
by geophysics and have been later confirmed by overburden drilling, humus sampling,
and diamond drilling (Figure 9).
Two zones are hosted at the top of the Heva formation at the same stratigraphic
position as the Akasaba deposit, and generally share the same geological characteristics
as the Akasaba deposit. These zones are called the Jolin Bourlamaque Zone and the
Sabourin Creek Zone located, respectively, to the west and in the center of the property.
Historic diamond drilling revealed that the Sabourin Creek zone has been extensively
tested and no economic material has been intersected. Therefore, it is not recommended
that further exploration work be carried out here.
The Jolin Bourlamaque Zone hosts encouraging but sub-economic gold
mineralization. It is recommended that a short exploration program be carried out over
this zone in order to assess more fully the potential for low grade open pit material, and
try to identify structural features that could have acted as gold trap. Notably, a
geophysical anomaly detected by Alexis Minerals Corporation in 2004, which confirms an
off-hole anomaly detected by Aur Resources in 1997, is interpreted as a large conductive
body. This target could be of first interest since it has never been tested.
The third zone, the Cadillac Break Zone is of interest for low grade disseminated
gold mineralization. Interesting grades have been intersected over a strike length of about
800m. This zone has the same characteristics as at the Orenada deposit. Drilling is
recommended over this zone to first test the full potential for a low grade disseminated
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model as well as to test sub parallel zones that are identified through IP anomalies. Two
other drillholes have been selected to test isolated target on the Sabourin property.
Figure 9 – Mineralized Zones on the Sabourin Property (Ref: E. Batailler, January 2013)
The conclusions of this study are as follows:
•
•
•
Overall, the Sabourin property represents moderate interest for exploration
drilling. The Cadillac Break zone appears to be the most interesting target in
order to find low grade disseminated gold.
Encouraging, butsub-economic gold mineralization, has been intersected at
the Jolin Bourlamaque Zone, and historical drilling does not allow to clearly
interpret mineralized zones or mineralization behavior in this area. More
drilling could be done in order to fully test this zone and re-assess its
economic potential.
Compilation of geophysical, drilling data, and geochemical data available
did not highlight new large anomalous zones and only 2 other drillholes are
suggested to test local 200m large anomalies.
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10.0 DRILLING (Item 10)
From November 4th, 2011 to November 10th, 2012, Alexandria Minerals has
completed 41 drillholes (IAX-11-177 to IAX-12-217) for a total of 17,723.12 meters
(Figures 10, 11 and Table 6). The drilling was completed by Forage Mercier Inc. now
Forage Spektra Inc. (39 drillholes) and ALXtreme Inc. (2 drillholes) from Val-d’Or
(Quebec). All assays were completed by AGAT Laboratories from Mississauga (Ontario)
and some re-check by ALS Chemex Lab in Val-d’Or (Quebec). Note that all drillhole logs
and assay results from Laboratories are available at the Alexandria office in Val-d’Or
(Quebec).
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Figure 10 – General location map of 2011-2012 Drillholes on the Akasaba Project
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Figure 11 – Detailed location map of 2011-2012 Drillholes on the Akasaba Project
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Table 6: Technical Parameters of Alexandria’s 2012 Drillholes
DDH #
MTM(9) Nad83 - East
MTM(9) Nad83 - North
MTM(9) Nad83 - Elevation
AZIMUTH
DIP
LENGTH (m)
IAX-11-177
225858.00
5323110.00
3330.00
350
-50
42.12
IAX-11-178
225858.47
5323108.43
3340.47
350
-50
937.60
IAX-11-179
225756.00
5323223.00
3330.00
350
-60
150.00
IAX-11-180
225303.41
5323761.13
3327.92
350
-45
214.00
IAX-11-181
225332.35
5323311.20
3336.41
350
-60
540.00
IAX-11-182
225023.49
5323647.46
3332.05
350
-45
258.00
IAX-11-183
225344.13
5323252.47
3336.31
350
-60
651.00
IAX-11-184
224385.20
5323229.76
3328.22
350
-45
255.00
IAX-11-185
224188.65
5323188.53
3329.08
350
-45
298.00
IAX-11-186
224990.97
5323258.42
3335.61
350
-54
414.00
IAX-11-187
225357.95
5323179.16
3337.87
350
-60
786.00
IAX-11-188
224905.65
5323182.16
3333.44
350
-50
456.00
IAX-12-189
224798.66
5323211.34
3333.64
350
-55
529.00
IAX-12-190
225842.00
5323201.00
3330.00
350
-53
104.70
IAX-12-191
225762.00
5323191.00
3330.00
350
-57
156.60
IAX-12-192
225832.36
5323351.74
3337.19
349
-67
808.80
IAX-12-193
225321.32
5323942.21
3331.20
170
-58
880.00
IAX-12-194
224286.50
5323208.54
3328.90
350
-45
230.00
IAX-12-195
225741.59
5323299.71
3339.71
350
-65
781.00
IAX-12-196
225332.83
5323838.81
3332.72
170
-55
621.00
IAX-12-197
225357.66
5323749.76
3338.61
170
-58
444.00
IAX-12-198
224481.02
5323258.04
3332.61
350
-45
252.00
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DDH #
MTM(9) Nad83 - East
MTM(9) Nad83 - North
MTM(9) Nad83 - Elevation
AZIMUTH
DIP
LENGTH (m)
IAX-12-199
225513.58
5324024.59
3333.51
170
-58
945.00
IAX-12-200
224197.05
5323141.75
3328.15
350
-58
403.00
IAX-12-201
224298.68
5323146.52
3329.34
350
-54
327.00
IAX-12-202
224398.44
5323160.87
3330.40
350
-53
312.00
IAX-12-203
225515.28
5324027.34
3334.57
170
-52
807.00
IAX-12-204
224493.48
5323188.15
3333.91
350
-50
327.00
IAX-12-205
224578.87
5323284.69
3336.16
350
-45
225.00
IAX-12-206
224700.51
5323202.89
3337.20
350
-45
304.70
IAX-12-207
225740.95
5323292.70
3340.08
353
-65
849.00
IAX-12-208
225445.63
5323822.60
3334.70
170
-55
540.60
IAX-12-210
223992.28
5323133.45
3329.81
350
-45
326.00
IAX-12-211
224093.36
5323156.98
3329.17
350
-45
291.00
IAX-12-212
224111.97
5323053.91
3330.40
350
-45
425.00
IAX-12-213
224212.85
5323049.96
3330.71
350
-56
132.00
IAX-12-214
224212.71
5323048.35
3330.46
350
-56
464.00
IAX-12-215
224312.22
5323068.81
3330.26
350
-55
447.00
IAX-12-216
223795.52
5323097.30
3330.73
350
-45
375.00
IAX-12-217
223596.45
5323072.20
3329.13
350
-45
414.00
Note: Drillholes summaries and logs are available at the Alexandria’s office in Val-d’Or (Quebec)
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During the drilling campaign period of 2011-2012 Alexandria drilled forty (40)
drillholes totalling 17,723.12 meters. Out of those, two (2) drillholes were completed to
validate the lateral continuity of the main zone and four (4) to verify the depth extension
on the Akasaba Mine area. The other thirty-five (34) drillholes were step-out drillholes
along strike following 100m to 200m to verify the extension of gold mineralization to the
west.
There were three (3) main objectives to the 2011-2012 drilling campaign:
1) To follow the surface lateral extensions of the gold mineralization eastward and
westward from the mine, following a 100m to 200m step-out along the
deformation corridor marked by a high IP-anomaly;
2) To verify the depth extension of gold mineralization obtained in drillhole IAX-11176 directly below the old mine and the eastern depth extension of gold
mineralization obtained in drillholes IAX-11-148, IAX-11-155 and IAX-11-172;
3) To define the extension of the new Au-Cu zone discovered west of the main
Akasaba deposit.
The 2011-2012 drilling campaign resulted in discovery of the new Akasaba West
Gold-Copper Zone. Sulphide mineralization is abundant and mainly consists in
disseminated pyrite and chalcopyrite (+/- bornite). Highest grade zones are associated
with zones of higher degree of alteration and deformation, and with copper-rich sulphides
(bornite). The mineralized zones are generally oriented at 080E with steep dips to the
south. Two main deformation zones occur within the sequence. These zones are also
oriented E-W to ENE-WSW and dip steeply to the south. NE-SW faults cross-cut the
sequence; their exact orientation or plunge is unknown. Drill hole IAX-11-185 and IAX-12200 intersected features suggestive of a large brittle fault, namely, broken core with
abundant sand and gravel and, in IAX-12-200, a highly brecciated dacitic unit with an
extensive fracture network filled with quartz-feldspar.
The most significant results obtained during the 2011-2012 drilling campaign are
summarized below on Table 7. All the other results are available at the Alexandria Office
in Val-d’Or (Quebec).
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Table 7: Most significant assay results of the 2011-2012 drillhole program on the Akasaba Project
DDH
IAX-11-178
From (m)
To (m)
Sample
Au (gpt_AA23)
Au (gpt_GRA21)
Ag (gpt_AA45)
Cu (ppm_AA45)
Zn (ppm_AA45)
436.6
437.6
E5114528
1.74
1.81
0.9
307
8
722.6
723.6
E5113366
1.74
1.46
4.4
460
92
723.6
724.6
E5113367
1.16
0.95
6
615
100
724.6
725.6
E5113368
1.74
1.12
<0.5
134
83
726.6
727.6
E5113370
1.75
2.39
<0.5
-2
69
764.3
765.3
E5167862
1.64
1.86
<0.5
2
66
765.3
766.3
E5167863
1.05
1.1
<0.5
25
69
770.3
771.3
E5167870
1.07
0.93
<0.5
172
63
883.9
884.4
E5114422
3.84
3.23
5.6
7310
76
916.5
918
E5114431
3.15
3.32
1.6
202
30
930.9
931.3
E5114441
5.06
5.07
6.8
11800
167
IAX-11-180
142.6
143.6
E5113090
1.07
-
<0.5
71
30
IAX-11-181
498
498.7
E5113284
3.98
3.82
<0.5
245
18
74.6
75.6
E5166925
1.01
1.26
1
359
32
181.2
181.9
E5167042
1.06
1.09
2
2410
28
207.7
209.2
E5166367
1.49
1.46
1.4
243
47
209.2
210.7
E5166368
2.87
2.8
1.4
821
35
564.2
565.2
E5167193
1.39
1.2
<0.5
328
24
52.1
53.6
E5166426
1.72
3.32
6.6
9272
36
53.6
54.6
E5166427
2.13
3.37
5.8
9370
32
58.1
59.2
E5166432
1.55
1.78
5.5
7720
36
79.7
80.4
E5166454
1.26
1.33
10.6
20604
57
83.4
84.4
E5166459
1.23
1.52
3.3
10341
31
IAX-11-182
IAX-11-183
IAX-11-184
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DDH
IAX-11-185
From (m)
To (m)
Sample
Au (gpt_AA23)
Au (gpt_GRA21)
Ag (gpt_AA45)
Cu (ppm_AA45)
Zn (ppm_AA45)
94.4
95.2
E5166471
1.55
2.07
2.1
8220
49
95.2
96.2
E5166472
1.73
1.21
1.7
5890
36
96.2
97.2
E5166473
1.45
1.97
4.7
7090
38
97.2
98.2
E5166474
5.16
3.01
5.6
9610
41
99.2
100
E5166478
2.41
3.12
7.9
13230
36
100
101
E5166479
1.66
1.83
4.6
9800
45
135
136
E5166510
1.71
1.62
0.7
1930
10
160.6
162
E5166542
1.88
2.03
<0.5
262
28
240
241.3
E5166606
1.32
1.59
<0.5
1090
29
54
55
E5412516
1.47
1.68
5.7
14159
21
72
73
E5415043
1.678
1.89
4.2
7230
75
76.5
78
E5412520
4.64
1.26
3.8
3680
30
78
79.5
E5412521
3.18
0.88
3.3
5720
32
79.5
81
E5412522
2.73
2.78
11.9
28234
19
81
82.5
E5166622
2.18
2.11
7.2
14957
35
82.5
84
E5166623
2.18
1.87
4.6
7740
26
84
85.5
E5166624
1.29
0.69
3.3
5170
29
85.5
87
E5166625
2.65
2.87
5.4
7650
45
90
91.5
E5166628
1.66
1.32
3.3
4060
33
91.5
93
E5166629
1.31
1.28
2.5
2610
26
93
94.5
E5166631
1.26
1.16
1.5
2780
35
94.5
96
E5166632
2.24
2.09
2.3
4680
35
96
97.5
E5166633
3.31
3.07
3.4
7530
36
99
100.5
E5166635
1.69
0.93
1.2
1950
38
109.5
111
E5412528
1.07
1.23
2.9
5710
33
112.5
114
E5412530
1.64
1.59
3.6
10100
44
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DDH
IAX-11-187
IAX-11-188
IAX-12-189
IAX-12-192
From (m)
To (m)
Sample
Au (gpt_AA23)
Au (gpt_GRA21)
Ag (gpt_AA45)
Cu (ppm_AA45)
Zn (ppm_AA45)
114
115.5
E5412531
1.33
1.61
3.3
8550
29
115.5
117
E5412532
1.37
1.37
3.9
8300
22
118.5
120
E5412534
1.29
1.66
2.9
9370
14
120
121.5
E5412535
1.25
1.33
3
9670
12
121.5
123
E5412536
1.22
1.4
4.7
11900
18
157.4
158
E5167269
1.23
1.16
10.4
332
2940
197.8
198.8
E5167316
>10
15.2
<0.5
174
34
200.8
201.8
E5167319
1.19
1.51
1.2
107
45
240.1
241.2
E5167335
2.35
1.88
<0.5
765
13
693.7
694.7
E5167432
1.12
1.49
<0.5
99
45
732.6
733.6
E5167479
2.19
2.16
<0.5
96
31
763.6
764.6
E5167515
1.09
1
0.5
264
45
394.9
395.4
E5168137
4.53
4.34
11.7
13883
55
430.1
431
E5168179
1.15
1.45
2.4
356
90
312.1
312.8
E5167564
1.13
1
3.7
8400
33
214.5
216
E5167740
1.29
1.33
<0.5
165
13
274.5
276
E5167767
1.56
1.32
<0.5
1310
18
651
651.5
E5412590
3
3.1
<0.5
1230
45
676.5
677
E5412606
1.43
1.65
5.9
947
79
677
678
E5412607
1.77
1.83
0.9
1280
53
680.9
681.9
E5412612
2.1
2.22
<0.5
513
77
707.7
708.7
E5411579
1.96
1.31
1.1
123
38
726.4
727.4
E5411601
1.23
1.16
0.9
154
57
731.7
732
E5411608
8.8
7.29
2.2
2310
15
737
738
E5411615
1.27
1.47
<0.5
220
68
762.8
763.8
E5411644
3.5
4.6
1.4
769
41
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DDH
IAX-12-193
IAX-12-194
From (m)
To (m)
Sample
Au (gpt_AA23)
Au (gpt_GRA21)
Ag (gpt_AA45)
Cu (ppm_AA45)
Zn (ppm_AA45)
115
115.9
E5412708
1.58
1.59
<0.5
499
23
122
123
E5412716
3.63
3.13
<0.5
182
20
123
123.5
E5412717
2.94
2.64
<0.5
224
19
174.5
175.5
E5412769
1.36
1.14
<0.5
320
25
177
177.8
E5412774
1.47
1.71
<0.5
1450
55
195.7
197.2
E5412798
1.1
1.18
<0.5
268
40
385
386.5
E5412927
1.27
1.31
<0.5
-2
44
388
389.5
E5412930
1.55
1.49
<0.5
100
43
473.3
474.3
E5413019
1.35
1.2
<0.5
442
23
589.3
589.9
E5411238
1.39
1.79
8.8
6240
152
652.3
653.3
E5411261
2.15
2.43
0.8
667
40
653.3
654.3
E5411262
1.16
1.56
<0.5
1140
38
660
661.5
E5411269
6.06
5.41
<0.5
279
33
680.3
681.3
E5411278
6.14
5.8
<0.5
844
54
681.3
682.3
E5411279
2.99
2.82
2
2400
78
682.3
683
E5411280
1.19
1.28
<0.5
754
38
683
684
E5411281
3.12
3.34
<0.5
967
34
686
687.1
E5411285
2.42
2.83
<0.5
88
35
687.1
688
E5411286
1.14
1.42
<0.5
167
35
728.2
729
E5411334
3.53
3.97
<0.5
12
38
797.3
798
E5411389
1.61
1.32
<0.5
192
95
51.1
52.1
E5411451
1.02
1.24
5.8
6560
47
53.1
54.6
E5411453
1.15
0.5
3.8
8530
18
54.6
56.1
E5411455
1.96
1.12
3.4
6670
19
59.1
60.6
E5411458
1.22
1.93
4.6
10657
29
60.6
62.1
E5411459
1.14
0.82
2.5
7160
18
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DDH
From (m)
To (m)
Sample
Au (gpt_AA23)
Au (gpt_GRA21)
Ag (gpt_AA45)
Cu (ppm_AA45)
Zn (ppm_AA45)
68.1
69.6
E5411465
1.16
1.43
2.9
5700
22
74.1
75.1
E5414510
1.23
1.29
2.2
4580
47
75.1
76.1
E5414511
1.76
1.72
3.5
6300
44
76.1
77.1
E5414512
1.11
1.45
2.5
7420
56
77.1
78.1
E5414513
1.55
1.47
3.7
7220
55
78.1
79.1
E5414514
1.73
1.91
2.6
6150
58
79.1
80.1
E5414515
1.68
1.64
2.3
5090
45
83.1
84
E5414519
1.35
0.93
2.1
4130
29
84
85
E5414520
2.7
2.51
0.8
2100
27
85
86
E5414521
1.51
1.36
2.2
4000
30
86
87
E5414522
1.13
1.02
1.2
2890
29
87
88
E5414523
1.43
1.29
1.9
2370
28
90.5
92
E5411471
1.27
1.22
1.4
2170
31
104
105.5
E5412493
2.61
2.55
6
13800
40
105.5
107
E5412494
3.23
3.49
6
15300
30
107
108.5
E5412495
2.98
2.97
6.1
15700
25
108.5
110
E5412496
4.78
4.52
6.6
15500
18
110
111.5
E5412497
1.87
1.91
4.5
10200
23
111.5
113
E5412498
1.95
1.79
4.6
13600
18
113
114.5
E5412499
3.4
3.42
1.4
5420
28
114.5
116
E5412500
2.47
2.36
4.5
11400
25
116
117.3
E5412501
1.56
1.59
5
13400
28
117.3
118.3
E5412502
1.01
0.98
3.9
10900
32
118.3
119.8
E5411479
1.9
1.21
4.8
15083
21
119.8
121.3
E5411480
1.98
2.25
4.9
11221
20
121.3
122.8
E5411481
3.56
3.31
4.5
8900
20
st
NI 43-101 Technical Report on the Akasaba Project – March 1 , 2013
Alexandria Minerals Corp.
60
Geologica Groupe – Conseil Inc.
DDH
IAX-12-195
From (m)
To (m)
Sample
Au (gpt_AA23)
Au (gpt_GRA21)
Ag (gpt_AA45)
Cu (ppm_AA45)
Zn (ppm_AA45)
210.5
212
E5411560
1.18
1.33
0.7
672
41
119.4
120.1
E5411683
3.89
4.12
<0.5
1170
32
407.2
407.8
E5411725
1.66
1.57
<0.5
22
11
646.6
647.3
E5411807
2.04
2.41
1.6
620
27
647.3
648.3
E5411808
6.15
5.67
4.2
1890
42
658
659
E5411821
1.91
2.01
1.5
351
51
659
660
E5411822
8.19
8.41
5.6
6930
97
660
661
E5411823
1.37
1.66
1.2
632
72
661
661.7
E5411824
6.85
7.03
2.1
607
135
662.7
663.7
E5411827
2.31
2.48
2.1
217
60
663.7
664.7
E5411828
1.81
1.76
2.1
545
57
664.7
665.5
E5411829
9.57
8.86
4.5
2220
70
668.6
669.3
E5411834
1.03
1.14
2.1
288
67
673.8
674.8
E5411841
6.38
8.96
13
8020
119
674.8
675.8
E5411842
1.28
1.1
6.7
2720
90
676.8
677.4
E5411844
1.48
1.43
4.1
4020
64
677.4
678
E5411845
5.87
9.84
10.7
8250
91
678
679
E5411846
5.74
9.64
7.6
5230
66
679
680
E5411847
4.81
4.72
3.8
1610
64
680
681
E5411848
>10
72.5
5.3
1650
85
681
682
E5411849
2.26
2.35
1.9
625
55
683
684
E5411851
1.08
1.08
2.7
746
56
687
688
E5411858
1.46
1.3
1.7
39
41
688
689
E5411859
7.05
6.49
0.5
56
34
721
722
E5411945
1.57
2.01
1
14
17
755.5
756.1
E5411915
1.83
2.26
11.2
9390
168
st
NI 43-101 Technical Report on the Akasaba Project – March 1 , 2013
Alexandria Minerals Corp.
61
Geologica Groupe – Conseil Inc.
DDH
IAX-12-196
IAX-12-197
From (m)
To (m)
Sample
Au (gpt_AA23)
Au (gpt_GRA21)
Ag (gpt_AA45)
Cu (ppm_AA45)
Zn (ppm_AA45)
11.8
12.4
E5411963
1.37
1.06
2.1
1590
55
12.4
13.4
E5411964
2.97
2.19
2.5
717
56
16.4
17.4
E5411968
1.5
0.54
1.3
201
54
33
34.5
E5411987
1.16
-0.05
1.8
81
56
61.2
62
E5412018
2.74
2.55
8.1
2680
83
91.5
93
E5412052
1.77
1.94
1.3
149
43
93
94.5
E5412053
1.06
1.11
1
168
55
94.5
95.4
E5412054
1.41
1.54
1.3
315
50
95.4
96.4
E5412055
1.99
1.86
1.1
330
58
96.4
97.5
E5412056
2.15
2.31
1.6
575
56
110.8
111.5
E5412072
1.41
1.44
1.1
281
22
151
152
E5412111
2.69
2.71
0.7
675
30
214.4
215.4
E5412171
2.11
2
1.4
414
39
384
384.9
E5412248
1.19
1.43
1.1
75
25
384.9
385.6
E5412249
5.79
6.5
1.4
600
26
389.1
389.9
E5412254
1.22
1.06
1.1
115
13
415
416
E5412280
4.98
5.41
3.2
2950
57
416
417
E5412281
3.2
1.54
7.4
4720
102
424.1
424.8
E5412291
1.46
1.37
1.3
194
61
449
450
E5412320
1.29
1.32
0.9
332
47
452
453
E5412324
2.37
3.96
1
168
45
453
454
E5412325
1.12
1
1
302
42
454
455
E5412326
1.07
1.1
1.2
307
44
455
456
E5412328
1.36
1.21
1
118
42
456.8
457.2
E5412330
1.38
1.31
0.7
77
41
14
14.7
E5411083
1.93
1.58
2.7
771
39
st
NI 43-101 Technical Report on the Akasaba Project – March 1 , 2013
Alexandria Minerals Corp.
62
Geologica Groupe – Conseil Inc.
DDH
IAX-12-198
IAX-12-199
From (m)
To (m)
Sample
Au (gpt_AA23)
Au (gpt_GRA21)
Ag (gpt_AA45)
Cu (ppm_AA45)
Zn (ppm_AA45)
27.2
27.8
E5411095
2.48
2.83
2
1560
601
234.5
235.5
E5413124
1.37
1.41
1.4
611
55
247.5
248.5
E5413137
2.09
2.59
0.6
225
111
250.8
251.8
E5413141
1.11
1.02
2.4
747
67
288.7
289.3
E5413189
1.1
0.82
1.1
589
79
312.4
313
E5413209
1.72
1.86
1.2
319
42
314
315
E5413212
1.03
0.95
1
31
42
316.9
318
E5413215
1.18
1.06
1.2
11
26
318
319
E5413216
1.35
1.27
1
89
28
319
320
E5413218
1.87
1.93
1.3
284
32
324
325
E5413224
6.98
6.96
1.4
530
63
328
329.2
E5413229
1.92
1.9
<0.5
53
21
330.2
331.2
E5413231
1.05
0.56
<0.5
206
54
362.4
363.4
E5413269
1.6
1.5
0.7
1020
66
391.7
392.6
E5413305
1.53
1.12
1
372
40
141.2
142
E5413769
1.81
1.96
1.7
3480
16
152
153
E5413783
1.51
1.55
0.9
3430
25
157
158
E5413789
1.52
1.68
<0.5
338
22
178.8
179.7
E5413814
1.46
2.49
1.5
211
25
23
24
E5413337
2.28
2.3
1.7
486
37
24
25
E5413339
6.13
5.46
2
799
44
33.6
34.6
E5413349
1.83
1.85
2.5
1290
36
231
232
E5413453
2.82
2.84
<0.5
264
22
232
233
E5413454
1.37
1.36
<0.5
145
20
233
234
E5413455
1.77
1.82
0.7
629
27
234
235
E5413456
2.22
1.73
<0.5
67
19
st
NI 43-101 Technical Report on the Akasaba Project – March 1 , 2013
Alexandria Minerals Corp.
63
Geologica Groupe – Conseil Inc.
DDH
From (m)
To (m)
Sample
Au (gpt_AA23)
Au (gpt_GRA21)
Ag (gpt_AA45)
Cu (ppm_AA45)
Zn (ppm_AA45)
258
259
E5413483
1.17
0.8
1
147
19
300.2
301.2
E5413533
1.02
1.09
1.4
34
35
356
357
E5414095
2.67
3.15
<0.5
19
15
421.5
423
E5414170
1.26
2.01
3.9
1890
61
494
495
E5414235
1.3
2.06
9.3
4630
102
495
496
E5414236
1.49
1.63
11.9
6160
91
500.5
502
E5414241
1.11
1.12
4.2
121
42
513
514
E5414254
1.02
1.05
4.4
180
55
543
544
E5414284
2.12
2.42
3.8
232
47
544
545
E5414286
>10
19
3.6
1260
37
549
550.5
E5414292
1.96
2.14
4.5
345
41
556.5
558
E5414297
1.96
1.88
3.6
247
46
559.5
561
E5414299
2.17
2.9
3.7
132
41
565
566
E5414305
1.36
1.59
3.5
404
60
573
574
E5414314
3.66
3.55
4
329
47
574
575
E5414315
4.9
5.31
3.6
473
43
576
577
E5414317
1.12
1.05
4
226
48
579.7
581
E5414322
2.11
2.11
<0.5
583
55
587.9
588.3
E5414332
3.27
1.9
1.7
150
29
592.3
593.2
E5414337
7.3
5.17
3.5
108
37
648
649.5
E5414393
1.21
1.12
2
491
39
675.4
676.4
E5414405
2.81
3.24
4.9
5460
76
787
788
E5414506
1.98
1.85
0.8
21
100
789.2
790.1
E5414508
1.56
1.6
5.4
3910
114
806
807
E5414547
1.54
1.56
1.7
293
64
815.1
816
E5414558
2.35
2.31
5.1
135
68
st
NI 43-101 Technical Report on the Akasaba Project – March 1 , 2013
Alexandria Minerals Corp.
64
Geologica Groupe – Conseil Inc.
DDH
IAX-12-200
From (m)
To (m)
Sample
Au (gpt_AA23)
Au (gpt_GRA21)
Ag (gpt_AA45)
Cu (ppm_AA45)
Zn (ppm_AA45)
851.4
852.1
E5355138
1.79
1.37
1.2
902
33
151.6
152.6
E5414039
1.2
1.39
4.2
14000
17
152.6
153.7
E5414041
7.86
12.89
17.8
59700
16
153.7
154.7
E5414042
3.47
1.75
12.1
48700
24
154.7
155.8
E5414043
5.72
1.47
8.4
26800
22
156.8
157.4
E5414046
1.14
1.04
3.1
15500
47
158.4
159.4
E5414049
2.56
3.65
9.3
23800
28
159.4
160.4
E5414050
2.3
2.81
9.4
23900
17
160.4
161.4
E5414051
1.62
3.47
7.2
17100
35
161.4
162.4
E5414052
2.14
2.21
11.1
23100
20
162.4
163.4
E5414053
2.3
2.13
11.1
21600
18
163.4
164.4
E5414054
3.87
2.18
13
23800
18
164.4
165.4
E5414056
8.71
5.52
19.1
29300
21
165.4
166.4
E5414057
2.4
2.58
10.1
14900
25
166.4
167.4
E5414058
1.92
1.8
8.9
14700
24
167.4
168.4
E5414059
1.15
1.16
5.9
13300
20
177.4
178.4
E5414571
1.36
0.82
2.9
7860
17
178.4
179.4
E5414572
1.75
1.47
6.8
8490
17
180.4
181.4
E5414575
3.42
2.57
3.9
9270
27
183.4
184.4
E5414578
1.19
1.19
4.5
7620
22
191.4
192.4
E5414587
1.43
3.24
3.5
10900
18
196.4
197.4
E5414593
1.08
0.64
2.4
6020
17
199.4
200.4
E5414597
1.02
0.82
1.6
3720
10
206.4
207.4
E5414604
1.37
1.64
3.2
4100
17
207.4
208.4
E5414605
1.52
1.48
2.9
5680
15
208.4
209.4
E5414607
1.55
2.88
3.5
4480
13
st
NI 43-101 Technical Report on the Akasaba Project – March 1 , 2013
Alexandria Minerals Corp.
65
Geologica Groupe – Conseil Inc.
DDH
IAX-12-201
From (m)
To (m)
Sample
Au (gpt_AA23)
Au (gpt_GRA21)
Ag (gpt_AA45)
Cu (ppm_AA45)
Zn (ppm_AA45)
210.4
211.4
E5414609
2.26
2.28
2.5
3120
19
214.4
215.4
E5414614
1.04
0.92
0.8
1560
21
215.4
216.4
E5414615
1.07
2.31
1.8
4030
24
216.4
217.4
E5414616
5.4
5.47
2.8
6200
20
217.4
218.4
E5414618
1.51
1.34
1.8
2690
17
218.4
219.4
E5414619
1.84
1.9
1.8
3690
27
223.4
224.4
E5414624
1.28
1.1
2.3
3880
31
227.4
228.4
E5414629
1.15
1.01
1.9
3340
32
229.4
230.4
E5414631
1.73
1.89
2.1
3620
15
230.4
231.4
E5414633
1.31
0.99
1.3
3710
33
233.4
234.4
E5414636
2.56
2.29
2.4
5860
50
234.4
235.4
E5414637
1.3
1.3
2.2
4380
57
235.4
236.4
E5414638
1.2
1.34
2.8
3670
32
238.4
239.4
E5414642
1.11
1.47
1.5
2300
35
244.4
245.4
E5414649
2.57
2.36
5.1
14900
20
245.4
246.4
E5414651
1.99
1.96
4.5
15900
13
246.4
247.4
E5414652
1.74
1.5
3.6
11500
12
247.4
248.4
E5414653
1.06
1.05
2.4
6800
21
259.4
260.4
E5414667
2.25
1.94
6.5
10100
31
262.4
263.4
E5414670
1.29
1.35
2.4
3360
31
263.4
264.4
E5414671
2.73
2.88
3
8190
22
264.4
265.4
E5414672
1.82
1.85
2
5150
23
265.4
266.4
E5414673
2.26
1.99
1.4
3910
23
292
292.5
E5414705
1
2.07
4.7
6500
34
322.4
323.4
E5414742
5.04
5.54
2.6
1040
17
126
127
E5414905
1.15
0.99
1.1
3000
15
st
NI 43-101 Technical Report on the Akasaba Project – March 1 , 2013
Alexandria Minerals Corp.
66
Geologica Groupe – Conseil Inc.
DDH
From (m)
To (m)
Sample
Au (gpt_AA23)
Au (gpt_GRA21)
Ag (gpt_AA45)
Cu (ppm_AA45)
Zn (ppm_AA45)
138
139
E5414920
1.33
0.72
1.2
3490
25
163
164
E5414953
1.39
0.9
5.6
11900
20
165
166
E5414955
1.17
0.94
5.9
9430
28
167
168
E5414957
1.32
3.01
9.2
13800
30
175
176
E5414967
1.16
0.68
5.5
7340
25
178
179
E5414970
1.27
1.75
2.7
7530
18
181
182
E5414974
1.22
1.32
3.6
6120
19
182
183
E5414975
1.29
1.33
4.1
8950
20
183
184
E5414976
1.15
1.19
2.6
5200
24
185
186
E5414979
1.78
1.05
2.5
5140
24
190
191
E5414984
3.02
2.97
4.9
7730
26
191
192
E5414985
3.25
3.23
3.2
5690
29
192
193
E5414986
2.52
1.89
2.6
4070
27
193
194
E5414988
1.65
1.73
2.7
4080
23
194
195
E5414989
2.83
2.99
2
4840
23
195
196
E5414990
1.13
1.18
2.9
2610
26
197
198
E5414992
1.04
0.82
1.3
1720
33
199
200
E5414995
2.17
2.31
4.9
4920
29
215
216
E5413614
1.71
1.84
4.8
10500
20
216
217
E5413615
1.55
1.57
4.4
8580
23
217
218
E5413617
1.93
2
3.8
10200
22
218
219
E5413618
2.04
2.06
3.3
9110
23
219
220
E5413619
2.17
2.41
4
9050
22
220
221
E5413620
2.93
2.86
4.4
9660
24
221
222
E5413621
1.63
2.66
2.4
5460
27
222
223
E5413622
1.69
1.67
2.7
6480
33
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DDH
IAX-12-202
IAX-12-203
From (m)
To (m)
Sample
Au (gpt_AA23)
Au (gpt_GRA21)
Ag (gpt_AA45)
Cu (ppm_AA45)
Zn (ppm_AA45)
223
224
E5413623
2.33
2.29
3.4
7770
28
224
225
E5413624
1.72
1.85
3.5
8200
25
225
226
E5413626
1.17
1.21
4.9
11300
19
226
227
E5413627
1.75
1.83
6.5
15300
20
227
228
E5413628
3.04
3.03
5.9
14200
24
228
228.6
E5413629
2.34
2.27
3.6
6070
25
116.2
117.2
E5358259
2.03
0.58
3
7810
28
154.5
156
E5358298
1.27
1.25
3.8
5170
18
156
157.5
E5358299
1.04
0.96
1.7
3130
29
195.4
196.4
E5358342
2.05
1.53
3.4
6780
31
196.4
197.4
E5358343
1.67
1.19
1.9
4100
36
199.4
200.4
E5358346
1.25
2.01
3.3
10100
27
200.4
201.4
E5358348
2.39
2.19
2.9
6800
30
201.4
202.4
E5358349
1.08
1.13
2.3
5090
32
215.4
216.4
E5358365
3.18
1.45
7
10200
36
24.5
25.3
E5355189
>10
22.5
3
376
41
243
244
E5355312
1.21
0.99
1.3
282
21
245
246
E5355314
1.32
1.06
0.5
295
26
247
248
E5355316
1.11
0.82
1.2
375
28
248
249
E5355317
1.21
1.15
1.1
266
16
457.8
458.5
E5355531
1.02
0.5
<0.5
42
7
462
463.1
E5355537
7.63
7.2
1
904
13
705.4
706.1
E5355685
1.04
1.06
<0.5
315
31
713
714
E5355695
4.01
3.71
6.7
1810
141
756.5
757.5
E5355724
2.5
2.54
2.4
278
1260
758.5
759.5
E5355726
2.29
2.35
0.5
146
34
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DDH
IAX-12-204
IAX-12-205
IAX-12-207
IAX-12-208
IAX-12-211
IAX-12-212
IAX-12-214
From (m)
To (m)
Sample
Au (gpt_AA23)
Au (gpt_GRA21)
Ag (gpt_AA45)
Cu (ppm_AA45)
Zn (ppm_AA45)
176.1
177.1
E5358664
1.08
0.6
3
3380
101
180.4
181.1
E5358669
1.29
1.16
6.5
5870
53
194.3
195.3
E5358686
5.15
4.81
5.3
3580
67
200.3
201.3
E5358693
1.54
0.99
1.4
5970
25
172
173
E5358965
1.09
0.84
0.8
1060
27
654
655
E5356033
2.04
2.48
1.8
763
38
662.4
663.3
E5356044
6.58
3.33
3.1
812
109
664.3
665.1
E5356046
1.9
1.39
1.6
182
93
665.1
666
E5356047
2.65
2.9
1.5
496
86
666
666.9
E5356048
2.71
2.63
0.9
767
125
666.9
667.6
E5356049
1.52
0.98
1.3
396
95
700
701
E5356091
1.16
1.09
0.8
285
22
340.5
342
E5355803
1.9
2.04
2.3
188
42
346.4
347.4
E5355807
1.52
1.63
0.9
537
28
355.3
356.3
E5355820
1.71
1.29
2
22
47
392.7
393.3
E5355859
2.21
4.02
2.1
670
20
399
399.6
E5355867
>10
16.01
3.1
1330
45
446.3
447
E5355915
1.09
1.18
<0.5
181
62
462
462.6
E5355937
1.89
4.09
3.9
3750
82
489.4
489.9
E5355971
1.66
1.55
<0.5
570
63
288.8
289.9
E5359390
2.28
1.61
4.1
2010
50
278
279
E5359572
1.28
1.25
2.6
5790
14
279
280
E5359574
1.17
1
1.9
5000
13
304.6
305.5
E5359596
1.01
1
3.7
1800
77
307
308
E5359909
1.18
1.16
2.3
8010
12
308.9
310
E5359911
1.89
1.62
4.7
10800
16
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DDH
IAX-12-215
From (m)
To (m)
Sample
Au (gpt_AA23)
Au (gpt_GRA21)
Ag (gpt_AA45)
Cu (ppm_AA45)
Zn (ppm_AA45)
310
311
E5359912
1.61
1.7
4.8
9930
13
312
313
E5359914
1.41
1.05
4.1
9120
18
313
314
E5359915
2.03
1.97
4.9
10200
18
314
315
E5359916
1.56
1.57
5.3
9980
17
315
316
E5359917
1.22
1.19
5.2
8630
16
316
317
E5359918
1.25
1.33
4.8
13300
13
322
323
E5359925
1.39
1.43
3.4
4290
15
382
382.7
E5359997
1.61
2.36
1
758
21
280.5
282
E5360221
1.11
1.11
5
8500
35
304
305
E5360242
2.75
2
3
6800
27
305
306
E5360243
3.53
3.4
5.4
7570
23
306
307
E5360244
2.07
1.91
2.9
5270
31
307
308
E5360245
1.22
1.57
2
2960
36
315
316
E5360255
1.74
1.65
3.7
5520
27
318
319
E5360258
1.31
1.35
4.5
10800
25
319
320
E5360259
2.02
2.04
4.9
9880
21
320
321
E5360260
1.55
1.56
5.6
5970
38
321
322
E5360262
1.6
1.63
3.9
7610
30
323
324
E5360264
1.06
1.03
2.6
4110
24
324
325
E5360265
1.14
1.31
2.3
6600
26
325
326
E5360266
2.48
2.42
6.4
14800
16
326
327.1
E5360267
1
-
2.1
2600
30
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11.0 SAMPLE PREPARATION, ANALYSIS AND SECURITY (Item 11)
For the 2011-2012 drilling program, the core sampling protocol was established by
Alexandria Minerals Corporation. Once the drill core extracted, the sampling method was as
follows:
11.1 Sample preparation
•
•
•
•
•
•
•
•
•
•
•
•
•
•
Core boxes are received daily from the drilling company, opened and set on logging
tables.
The core is fitted together, washed with water and a brush, the depth markers in the boxes
are all checked to make sure there are no depth measurement mistakes;
Before logging commences, pictures of the core boxes are taken in its entirety;
The core recovery and RQD of the core is then measured.
Then geology and contacts are marked with a yellow wax marker and the descriptions are
entered into a logging program (Drill logger/CAE Min. System) to then be transferred into
MapInfo. Samples for assaying are then marked and described, the geologist also orients
the core, marks the start and end of the sample directly onto the core with a red colored
wax crayon while the core is still intact in the core box. This allows for the sampling of the
same side of the core, as well as cutting perpendicular to the structure;
The core is generally sampled over regular intervals varying between 30 cm minimum and
150 cm maximum;
Samples are measured to the nearest centimeter, and sample intervals coincide with
major lithological boundaries where appropriate;
A sample tag, made of waterproof paper and legible ink, is placed at the start of the
sample interval. Each sample number is unique and entered in the database, a distinct
series is used (eg. 113835);
Known standards are inserted by the geologist about every 20 samples. A tag is placed at
the appropriate location in the core box, and a technician is in charge to prepare the
sample standard as he processes through the cutting of the core and encounters the
standard sample tags;
Samples are split with an hydraulic rock saw in Alexandria Minerals Corp.’s core shack in
Val-d’Or where the core is stored. Samples are split in half, longitudinally, using an
hydraulic rock saw in order to provide witness samples;
Half the sample, bottom half, (assay sample) is placed separately in a plastic bag tied with
a plastic tie wrap. The other half is returned to the box according to its original position in
the core box and retained for future reference;
In the case of “ground core”, samples are taken by hand with a scoop and a representative
part is kept in the core box;
On the remaining half, the sample tag is stapled into the core box showing the sample
number at the beginning of the marked sample interval;
The bags are sealed with a plastic tie wrap, a lab requisition form is completed with the
instructions for assay procedures, samples to be assayed with sample number list and
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form of assay result presentation. The samples are then picked up by the laboratory
employee directly at the coreshack and a requisition form is signed;
11.2 Analysis
•
•
•
•
•
•
One Standard (Ore Research & Exploration Pty Ltd.) sample is introduced within each
batch of 20 core samples. The ASL samples are already packaged in 60 gm sealed foiled
bags. The samples introduced are: OREAS 15Pa; OREAS 54Pa; OREAS 10c; OREAS
15h; OREAS 15p; OREAS 52c; OREAS 204; OREAS 10Pb and OREAS 62Pb;
Also introduced by Alexandria personnel in the batch of 20 core samples is one blank
sample, normally introduced within an area that may expect to give results. The blank
sample is pure silica, carbonate gravel;
Also introduced in the batch of 20 core samples is a duplicate sample of the core sample
already collected for assaying (2 tags in the same bag split at the lab);
Rock samples were prepared at Agat Laboratories in Sudbury, Ontario and ALS Chemex
in Val-d’Or (Quebec). All samples underwent custom crushing and pulverizing techniques.
The entire sample was passed through a primary crusher to yield a fine crushed product
where greater than 95% of the sample passes through a 2mm (-10 mesh) screen.
Samples were then riffle split to obtain approximately a one-kilogram sub-sample. When
the crushed sample yielded approximately one kilogram the entire sample was pulverized.
A one-kilogram crushed sample split was ground using a ring mill pulverizer. All samples
were pulverized to greater than 70% of the ground material passing through a 75-micron
screen. Samples were analyzed at Agat Laboratories in Sudbury, Ontario and ALS
Chemex in Val-d’Or, Quebec for Au, Ag, Cu, and Zn.
The samples are analyzed for Au by FAA – Gold Fire Assay (Pyro-SAA-020), AA Finish
Fire Assay Fusion. For fully quantitative total gold contents, the fire assay procedure is the
preferred choice of analysis. The samples are mixed with fluxing agents including lead
oxide, and fused at high temperature. The lead oxide is reduced to lead, which collects the
precious metals. When the fused mixture is cooled, the lead remains at the bottom, while a
glass-like slag remains at the top. The precious metals are separated from the lead in a
secondary procedure called cupellation. The final technique used to determine the gold
and other precious metals contents of the residue can range from a balance (for very high
grade samples). 30-g samples were analyzed for gold using fire assay with atomic
absorption finish (Au-AA020), giving a lower limit of detection of 5 ppb and an upper limit
of detection of 10,000 ppb Au. For samples with > 1000 ppb Au, a 30-g sample was reassayed using fire assay methods with a gravimetric finish (Au-Pyro-SAA-010), giving a
lower limit of 0.05 gpt and an upper limit of 1,000 gpt. If assays surpassed 10 gpt Au then
they are re-assayed by Pyro Gravimetric (Au-Pyro-SAA-010).
Samples are also analyzed for Ag (DIG-AR Ag detection 0.5 ppm), Cu (DIG-AR Cu
detection 5ppm) and Zn (DIG-AR Zn detection 5ppm). A prepared 0.50-gram sample was
digested with perchloric, nitric and hydrofluoric acids. The residue was dissolved in nitric
and hydrochloric acids and diluted to a final volume with de-ionized water. The resulting
solution was analyzed by inductively coupled plasma-atomic emission spectrometry (ICPAES). Following this analysis, the results are reviewed to ensure that base metal
concentrations are less than 1%, with the exception of silver, which have upper analytical
limits of 100, 500, and 1000 ppm. Samples that met this criterion were then diluted and
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•
analyzed by inductively coupled plasma - mass spectrometry. Results were corrected for
spectral inter-element interference.
Internal Lab Quality Control Procedures – Lab standard operating procedures require the
analysis of quality control samples (reference materials, duplicates and blanks) with all
sample batches. As part of the assessment of every data set, results from the control
samples are evaluated to ensure they meet set standards determined by the precision and
accuracy requirements of the method.
11.3 Quality control and Security
I-
List of Standard Used and Description
Standard Standard
Name
Type
10C
10Pb
15H
15Pa
15Pb
54Pa
52c
Au
Au
Au
Au
Au
Au-Cu
Au
Furnisher
Std
Mean(g/t)
6.60
7.15
1.02
1.02
1.06
2.90
0.346
Calculated Calculated
Mean (g/t) Standard
Deviation(g/t)
6.58
0.30
7.10
0.36
1.06
0.08
1.00
0.10
1.09
0.10
2.89
0.17
-
Test
1*
9.08
10.05
15.11
19.42
18.63
11.91
-
Min
Allowed
(g/t)**
5.83
6.20
0.86
0.75
0.84
2.465
0.276
Max
Allowed
(g/t)***
7.33
8.00
1.26
1.25
1.34
3.315
0.416
Calculation
based on ?
standards
478
214
31
319
49
466
Details on Calculations:
*Test 1:
((2*standard deviation)/Calculated Mean)*100
valid
((2*standard deviation)/Mean)*100
standard mean should be used.
< 50%  Mean and Standard Deviation are
> 50%  Mean and Standard Deviation are invalid and the Furnisher
** Minimum allowed calculation
Min = Calculated Mean – (2.5*standard deviation)
***Maximum allowed calculation
Max = Calculated Mean + (2.5*standard deviation)
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II-
Procedure of Standards’ verification
Original Assays certificates received from the laboratory are forwarded to the
geomatician who is in charge of integrating the individual certificates (on certain occasion,
the project geologist is the one integrating the assays certificates). The certificates are
then saved onto the network in the corresponding drill hole folder in a folder called
“Original’. A copy of the original certificate is then saved in a folder called “Import” and the
copy is labelled as follow:
“10U5321656_Verified_E.B.”
Lab Certicate Number
Initial of the person who verified the certificate
This indicates that the file has been opened and that it corresponds to Alexandria
Minerals Corp. importation template.
For standards that have gold values superior to 1g/t. The laboratory should only
process to Fire Assays analysis with AA finish (no gravimetric finish). In the case a
laboratory still does process with gravimetric analysis, the geologist and the geomatician
should only consider the value of the fire assays and only this value should be integrated
within the central database.
When the certificate is integrated within the database, automatic processes check
if the analysed value within the certificate is within 2.5 standard deviations from the actual
value of the standard.
-
If the analysed value is higher than 2.5 std, the project geologist contacts the
laboratory and asks for a recheck of the analysis on the pulps of the sample. In
this case, a notification is sent to the V.P. of Exploration (Mr. Peter Legein). If at
the second pass the certificates meets the QAQC criteria then, the recheck
value replaces the first original value in column AA23 and a note automatically
remains in the central database indicating that there were 2 integration
processes and that some values have been replaced during the second
importation (details are automatically reported within the import log of the
certificate in the central database).
-
If the analysed value is within 2.5 std deviation from the actual standard value,
then the import log is saved onto the network along with a QAQC chart
presented as follow:
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The project geologist is then in charge of verifying if there is no bias in the analysis
(standards are always very low or always very high). If a bias is remarked in the analysis
then the assays are re-analysed and a notification is send to the laboratory.
Once all the assays from a drill hole have been integrated and verified, in order to
guarantee that the QAQC criteria have been respected, the geomatician will have to
approve and deliver for the drill hole Crystal Report stating the good achievement of the
QAQC. This report will have to be sent at the same time as the final assays to the project
geologist (Emilie Batailler) who will be in charge of transferring the information to the V.P.
of Exploration (Peter Legein).
III-
Data transformation during integration
The program used by Alexandria Minerals Corp. from CAE Mining (DH Logger)
does not deal with symbols within the assay table. Therefore, some of the codes used by
the laboratory within the certificates are automatically transformed during the importation
of the data.
This happens in cases where the laboratory reaches a detection limit superior (>)
or inferior (<), or in cases where a sample has not been recovered (NRS). In the where
case a sample has not been recovered, the import fails and a notification is given to the
person importing the certificates. This problem is then looked at and fixed.
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In cases an analysis is below or above detection limit automatic replacement is
done as follow:
IV-
Laboratory Code
Automatic formula
<0.02
>10
0.02/2
Value entered in Central
Data base
0.01
-9999
Calculation of the Au_calculated field, the case of multi-analysis
Within the central database there are 8 main columns for gold:
- AU_AA23 (fire assays with AA finish)
- AU_GRAV21 (fire assays with gravity fnish)
- AU_MS (metallic screen analysis)
- AU_Calc (calculated gold value with the program)
- All those columns repeat for duplicates analysis
The Au_Calc field is automatically calculated during the integration of the assays using
the following rules:
- If a metallic screen analysis is present then Au_Calc = Au_MS
- If only a fire assay with AA finish is done (Au<1g/t), then Au_Calc = Au_AA23
- If a fire assay with AA finish and a gravity finish is done, then Au_Calc =
(Au_AA23 + Au_Grav21)/2
- If a duplicate is present the (Au_Calc = Au_assays _original + Au_Duplicate ) /
2
- If an assay has a AA finish value above detection limit (-9999), then Au_Calc =
Au_Grav21
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12.0 DATA VERIFICATION (Item 12)
12.1 Field visit
In February 1st, 2013, one of the authors, Mr. Daniel Gaudreault, has realized a
field visit on the Project with the assistance of Mr. Stephane Mantha from Alexandria. This
visit consisted to take some photos of the New Au-Cu Akasaba West Zone access and
drill sites conresponding with re-checked drillholes (IAX-12-194 and IAX-12-200); and a
photo of the drill site of drillhole IAX-12-195 (see Photos 4 to 9 below).
Photos 4 and 5: Drill site of IAX-12-194
Photos 6 and 7: Drill site of IAX-12-200
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Photos 8 and 9: Drill site of IAX-12-195
12.2 Database verification and validation
The update of Alexandria CAE Mining System database comprises forty (40)
diamond drillholes totalling 17,723.12 meters metres. A total of 9,343 core samples are
included, as well as 1,614 QA/QC samples (548 blanks, 342 Standards and 724
duplicates) and 2,353 re-assays. The authors were granted access to the official results
from the Agat laboratories and ALS Chemex. The former two cover drillholes discussed in
this report. The authors obtained every certificate directly from the laboratories and built
the database used in this report using the information contained therein. Errors were
noted in the original database, but these were considered minor and of the type normally
encountered in a project database. However, none of the observed errors in the original
database are present in the database used for the resource estimate and the Alexandria
database has been corrected since then. The final database is considered to be of good
overall quality. Geologica considers the database for the Akasaba project to be valid and
reliable.
12.3 Drill core re-check by Geologica
Geologica collected and analysed a total of 239 samples of quarter of second-half
drillcore from holes IAX-12-194 (66 samples) and IAX-12-200 (137 samples) from the
New Au-Cu Akasaba West Zone; and IAX-12-195 (36 samples) from Akasaba Mine area,
completed by Alexandria (Tables 8 to 10 and Figure 12). Geologica’s samples were
collected independently of Alexandria, kept secure and transported to the ALS Chemex
assay laboratory in Val-d’Or (Quebec) for fire assay using aliquots of 30 g for fire assay,
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all assays were finished by atomic absorption. Sample preparation included crushing to
70% less than 2 mm, riffling out a 200 g fraction and pulverizing to 85% less than 75 µm.
Among the re-checked samples chosen by Geologica for their data corroboration,
some of the samples revealed very high values (higher assay results) for the same
sample previously completed by Alexandria (yellow highlight in IAX-12-195 and IAX-12200 in Tables below). Additional check assays were therefore completed on these
samples that gave much higher results than previously. In case the discrepancy occurred
due to sampling procedure by Geologica or laboratory procedures. Rejects of half core
analysed by Agat laboratory were re-analysed at ALS Chemex and analysis had a good
correlation. Rejects of quarter split analyzed by ALS Chemex were also re-analysed.
Correlation of the results indicated that the sampling techniques was the probable
principal cause of the discrepancy between the original checks samples. This is
principally due to the fact that only dust and small gravels were left in the core boxes for
those samples and therefore, those samples were not representative of the original
sample. Indeed, the dusts and the gravel tended to contain more free gold and bornite
(Photos below).
Photos : IAX-12-200 – Re-check sampling
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Table 8: Corroboration of drillhole IAX-12-194
ALEXANDRIA
GEOLOGICA
DDH
From
To
Sample
Au_AA23
Ag_AA45
Cu_AA45
Zn_AA45
Sample
Au_AA23
Ag_AA45
Cu_AA45
Zn_AA45
IAX-12-194
48.1
49.6
E5411449
0.623
3.9
6150
33
N166138
0.582
1.8
6520
45
IAX-12-194
49.6
51.1
E5411450
0.688
4.4
4630
40
N166139
1.25
1.8
4040
61
IAX-12-194
51.1
52.1
E5411451
1.02
5.8
6560
47
N166140
0.944
3.2
5570
59
IAX-12-194
52.1
53.1
E5411452
0.47
3.4
5840
25
N166141
0.731
2.2
4790
30
IAX-12-194
53.1
54.6
E5411453
1.15
3.8
8530
18
N166142
1.925
3.3
7710
21
IAX-12-194
54.6
56.1
E5411455
1.96
3.4
6670
19
N166143
0.872
4.9
7160
20
IAX-12-194
56.1
57.6
E5411456
0.85
3
7390
17
N166144
0.865
2.7
6620
19
IAX-12-194
57.6
59.1
E5411457
0.438
1.9
5880
16
N166145
0.764
2.4
5890
19
IAX-12-194
59.1
60.6
E5411458
1.22
4.6
10657
29
N166146
0.717
3.8
11080
36
IAX-12-194
60.6
62.1
E5411459
1.14
2.5
7160
18
N166147
0.798
2.7
8940
25
IAX-12-194
62.1
63.6
E5411460
0.39
1.4
3610
34
N166151
0.343
1.3
3590
40
IAX-12-194
63.6
65.1
E5411461
0.242
1.5
4610
41
N166152
0.183
1.6
2900
52
IAX-12-194
65.1
66.6
E5411462
0.276
1.2
1990
32
N166153
0.243
1.1
2210
41
IAX-12-194
66.6
68.1
E5411464
0.497
2.3
3870
23
N166154
0.527
2.2
4140
21
IAX-12-194
68.1
69.6
E5411465
1.16
2.9
5700
22
N166155
0.391
2.7
6430
28
IAX-12-194
69.6
71.1
E5411466
0.561
1.8
3410
22
N166156
0.44
2.4
3670
28
IAX-12-194
71.1
72.6
E5411468
0.396
1.9
4230
22
N166157
0.361
2.4
3710
27
IAX-12-194
72.6
74.1
E5411469
0.858
2.4
5300
27
N166158
0.966
2.1
5040
33
IAX-12-194
74.1
75.1
E5414510
1.23
2.2
4580
47
N166159
0.784
2.3
4580
47
IAX-12-194
75.1
76.1
E5414511
1.76
3.5
6300
44
N166160
2.1
4.8
7550
44
IAX-12-194
76.1
77.1
E5414512
1.11
2.5
7420
56
N166161
1.33
3.2
8520
53
IAX-12-194
77.1
78.1
E5414513
1.55
3.7
7220
55
N166162
1.65
3.1
7400
54
st
NI 43-101 Technical Report on the Akasaba Project – March 1 , 2013
Alexandria Minerals Corp.
80
Geologica Groupe – Conseil Inc.
ALEXANDRIA
GEOLOGICA
DDH
From
To
Sample
Au_AA23
Ag_AA45
Cu_AA45
Zn_AA45
Sample
Au_AA23
Ag_AA45
Cu_AA45
Zn_AA45
IAX-12-194
78.1
79.1
E5414514
1.73
2.6
6150
58
N166163
1.985
2.9
7010
66
IAX-12-194
79.1
80.1
E5414515
1.68
2.3
5090
45
N166164
1.905
1.8
4650
50
IAX-12-194
80.1
81.1
E5414516
0.494
<0.5
1860
33
N166165
0.853
0.9
2770
38
IAX-12-194
81.1
82.1
E5414517
0.671
3.8
7850
26
N166166
0.735
1.5
1820
35
IAX-12-194
82.1
83.1
E5414518
0.684
1.1
1810
21
N166167
0.542
0.8
1765
34
IAX-12-194
83.1
84
E5414519
1.35
2.1
4130
29
N166168
1.375
2.3
4490
40
IAX-12-194
84
85
E5414520
2.7
0.8
2100
27
N166169
2.53
4.2
8510
35
IAX-12-194
85
86
E5414521
1.51
2.2
4000
30
N166170
1.69
2.8
5290
40
IAX-12-194
86
87
E5414522
1.13
1.2
2890
29
N166171
1.035
1.2
2860
46
IAX-12-194
87
88
E5414523
1.43
1.9
2370
28
N166172
1.055
1.6
1990
45
IAX-12-194
88
89
E5414524
0.165
<0.5
411
30
N166173
0.204
0.3
583
47
IAX-12-194
89
90.5
E5411470
0.194
<0.5
604
34
N166174
0.121
0.4
495
47
IAX-12-194
90.5
92
E5411471
1.27
1.4
2170
31
N166178
0.823
1
1305
44
IAX-12-194
92
93.5
E5411472
0.133
<0.5
724
38
N166179
0.139
0.5
987
52
IAX-12-194
93.5
95
E5411473
0.073
<0.5
522
43
N166180
0.042
0.2
436
56
IAX-12-194
95
96.5
E5411474
0.16
<0.5
1440
42
N166181
0.098
0.6
1035
57
IAX-12-194
96.5
98
E5411476
0.356
<0.5
1290
40
N166182
0.268
0.6
1160
55
IAX-12-194
98
99.5
E5411477
0.14
<0.5
826
45
N166183
0.162
0.4
771
60
IAX-12-194
99.5
101
E5412490
0.716
2.1
3630
42
N166184
0.583
1.4
2990
56
IAX-12-194
101
102.5
E5412491
0.734
1.7
3560
37
N166185
0.786
1.9
3480
47
IAX-12-194
102.5
104
E5412492
0.914
2.4
5400
36
N166186
0.885
2.1
5500
40
IAX-12-194
104
105.5
E5412493
2.61
6
13800
40
N166187
2.38
4.7
13220
34
IAX-12-194
105.5
107
E5412494
3.23
6
15300
30
N166188
2.81
5.4
13880
34
IAX-12-194
107
108.5
E5412495
2.98
6.1
15700
25
N166189
3.29
5.9
15930
23
IAX-12-194
108.5
110
E5412496
4.78
6.6
15500
18
N166190
5.5
6.8
17030
22
st
NI 43-101 Technical Report on the Akasaba Project – March 1 , 2013
Alexandria Minerals Corp.
81
Geologica Groupe – Conseil Inc.
ALEXANDRIA
GEOLOGICA
DDH
From
To
Sample
Au_AA23
Ag_AA45
Cu_AA45
Zn_AA45
Sample
Au_AA23
Ag_AA45
Cu_AA45
Zn_AA45
IAX-12-194
110
111.5
E5412497
1.87
4.5
10200
23
N166191
2.11
3.9
10610
27
IAX-12-194
111.5
113
E5412498
1.95
4.6
13600
18
N166192
1.97
5
14520
26
IAX-12-194
113
114.5
E5412499
3.4
1.4
5420
28
N166193
3.31
2
5340
35
IAX-12-194
114.5
116
E5412500
2.47
4.5
11400
25
N166194
2.4
3.6
9600
34
IAX-12-194
116
117.3
E5412501
1.56
5
13400
28
N166195
1.37
3.7
12640
30
IAX-12-194
117.3
118.3
E5412502
1.01
3.9
10900
32
N166196
1.085
3.5
11560
44
IAX-12-194
118.3
119.8
E5411479
1.9
4.8
15083
21
N166197
1.635
4.9
14470
26
IAX-12-194
119.8
121.3
E5411480
1.98
4.9
11221
20
N166201
2.04
3.8
11050
24
IAX-12-194
121.3
122.8
E5411481
3.56
4.5
8900
20
N166202
3.3
4.5
8780
28
IAX-12-194
122.8
123.8
E5411482
0.032
<0.5
300
42
N166203
0.035
0.2
248
47
Correlation IAX-12-194
Au (g/t)
6
4
2
Au_AA23_Alexandria
0
1 4 7 10
13 16 19
Au-AA23_Geologica
22 25 28 31
34 37 40 43
46 49 52
55
st
NI 43-101 Technical Report on the Akasaba Project – March 1 , 2013
Alexandria Minerals Corp.
82
Geologica Groupe – Conseil Inc.
Table 9: Corroboration of drillhole IAX-12-195
ALEXANDRIA
GEOLOGICA
DDH
From
To
Sample
Au_AA23
Au_GRA21
Ag_AA45
Cu_AA45
Zn_AA45
Sample
Au-AA23
IAX-12-195
658
659
E5411821
1.91
2.01
1.5
351
51
N166204
2.48
IAX-12-195
659
660
E5411822
8.19
8.41
5.6
6930
97
N166205
>10.0
IAX-12-195
660
661
E5411823
1.37
1.66
1.2
632
72
N166206
0.691
IAX-12-195
661
661.7
E5411824
6.85
7.03
2.1
607
135
N166207
>10.0
IAX-12-195
661.7
662.7
E5411825
0.411
-
1.9
352
66
N166208
IAX-12-195
662.7
663.7
E5411827
2.31
2.48
2.1
217
60
IAX-12-195
663.7
664.7
E5411828
1.81
1.76
2.1
545
IAX-12-195
664.7
665.5
E5411829
9.57
8.86
4.5
2220
IAX-12-195
665.5
666.3
E5411830
0.867
-
1.1
IAX-12-195
666.3
667
E5411831
0.592
-
IAX-12-195
667
668
E5411832
0.453
IAX-12-195
668
668.6
E5411833
IAX-12-195
668.6
669.3
IAX-12-195
669.3
IAX-12-195
IAX-12-195
IAX-12-195
Ag-AA45
Cu-AA45
Zn-AA45
0.7
269
53
6.6
8000
124
0.5
630
85
1.9
746
151
0.648
0.6
357
69
N166209
0.59
0.3
137
32
57
N166210
1.735
0.7
334
17
70
N166211
>10.0
3.6
340
38
60
58
N166212
2.62
0.3
69
55
1.6
527
60
N166213
0.748
-0.2
23
67
-
1.6
17
56
N166214
0.363
-0.2
2
63
0.944
-
0.9
29
53
N166215
0.211
-0.2
11
66
E5411834
1.03
1.14
2.1
288
67
N166216
1.075
-0.2
271
79
670
E5411836
0.924
-
2
1070
44
N166217
1.085
1.2
1655
53
670
670.8
E5411837
0.528
-
6.9
3960
66
N166218
0.498
5.7
4290
65
670.8
671.8
E5411838
0.388
-
4.4
2640
63
N166219
0.392
2.9
2540
31
671.8
672.8
E5411839
0.193
-
3.6
1670
55
N166220
0.104
2.2
1550
40
IAX-12-195
672.8
673.8
E5411840
0.222
-
3.7
2030
52
N166224
0.253
3.6
1780
36
IAX-12-195
673.8
674.8
E5411841
6.38
8.96
13
8020
119
N166225
3.78
10.9
7150
104
IAX-12-195
674.8
675.8
E5411842
1.28
1.1
6.7
2720
90
N166226
1.145
3.4
2280
53
IAX-12-195
675.8
676.8
E5411843
0.601
-
3
1150
65
N166227
0.399
1.3
1040
35
IAX-12-195
676.8
677.4
E5411844
1.48
1.43
4.1
4020
64
N166228
1.12
2.6
1570
54
st
NI 43-101 Technical Report on the Akasaba Project – March 1 , 2013
Alexandria Minerals Corp.
83
Au-GRA21
12.6
82.8
10.85
Geologica Groupe – Conseil Inc.
ALEXANDRIA
GEOLOGICA
DDH
From
To
Sample
Au_AA23
Au_GRA21
Ag_AA45
Cu_AA45
Zn_AA45
Sample
Au-AA23
Ag-AA45
Cu-AA45
Zn-AA45
IAX-12-195
677.4
678
E5411845
5.87
9.84
10.7
8250
91
N166229
1.82
5
2030
44
IAX-12-195
679
680
E5411847
4.81
4.72
3.8
1610
64
N166230
>10.0
13.35
5
1550
55
IAX-12-195
680
681
E5411848
>10
72.5
5.3
1650
85
N166231
>10.0
185
IAX-12-195
682
683
E5411850
0.298
-
1.8
222
55
N166232
0.191
5.8
1465
51
0.2
161
18
IAX-12-195
683
684
E5411851
1.08
1.08
2.7
746
56
N166233
1.125
1.3
841
24
IAX-12-195
684
685
E5411852
0.113
-
1.3
34
41
N166234
0.326
0.2
15
24
IAX-12-195
685
686
E5411855
0.179
-
0.8
4
39
N166235
0.151
-0.2
6
30
IAX-12-195
686
687
E5411857
0.489
-
1.1
3
38
N166236
0.196
-0.2
4
29
IAX-12-195
687
688
E5411858
1.46
1.3
1.7
39
41
N166237
4.06
0.5
83
24
IAX-12-195
688
689
E5411859
7.05
6.49
0.5
56
34
N166238
>10.0
2.4
63
17
IAX-12-195
689
690
E5411860
0.427
-
1.7
3
36
N166239
2.02
0.3
2
17
Correlation IAX-12-195
Au (g/t)
200
100
Au_AA23_Alexandria
Au-AA23_Geologica
0
1 4
7 10 13
16 19 22
25 28 31
st
NI 43-101 Technical Report on the Akasaba Project – March 1 , 2013
Alexandria Minerals Corp.
84
Au-GRA21
15.4
Geologica Groupe – Conseil Inc.
Table 10: Corroboration of drillhole IAX-12-200
ALEXANDRIA
GEOLOGICA
DDH
From
To
Sample
Au_AA23
Au_GRA21
Ag_AA45
Cu_AA45
Zn_AA45
Sample
Au-AA23
Au-GRA21
Ag-AA45
Cu-AA45_46
Zn-AA45
IAX-12-200
148.6
149.6
E5414036
0.521
-
7.9
8260
50
N166001
0.514
-
1.7
6450
44
IAX-12-200
149.6
150.6
E5414037
0.872
-
3.4
11900
29
N166002
0.729
-
3.5
12990
20
IAX-12-200
150.6
151.6
E5414038
0.601
-
3.1
8970
21
N166003
0.539
-
2.1
9270
8
IAX-12-200
151.6
152.6
E5414039
1.2
1.39
4.2
14000
17
N166004
>10.0
18.45
6.5
13630
14
IAX-12-200
152.6
153.7
E5414041
7.86
12.89
17.8
59700
16
N166005
>10.0
383
116
51390
11
IAX-12-200
153.7
154.7
E5414042
3.47
1.75
12.1
48700
24
N166006
>10.0
17.45
45.7
103950
29
IAX-12-200
154.7
155.8
E5414043
5.72
1.47
8.4
26800
22
N166007
>10.0
8.12
10.7
25810
10
IAX-12-200
155.8
156.8
E5414045
0.829
-
4
16200
38
N166008
0.804
-
2.8
13970
26
IAX-12-200
156.8
157.4
E5414046
1.14
1.04
3.1
15500
47
N166009
3.21
-
2.6
18390
21
IAX-12-200
157.4
158.4
E5414047
0.646
-
2.3
17600
26
N166010
0.66
-
1.7
18020
17
IAX-12-200
158.4
159.4
E5414049
2.56
3.65
9.3
23800
28
N166011
2.42
-
7
23190
14
IAX-12-200
159.4
160.4
E5414050
2.3
2.81
9.4
23900
17
N166012
2.08
-
8.7
26030
7
IAX-12-200
160.4
161.4
E5414051
1.62
3.47
7.2
17100
35
N166013
1.28
-
5.8
17540
38
IAX-12-200
161.4
162.4
E5414052
2.14
2.21
11.1
23100
20
N166014
1.9
-
9.3
21540
7
IAX-12-200
162.4
163.4
E5414053
2.3
2.13
11.1
21600
18
N166015
2.44
-
9.8
24460
6
IAX-12-200
163.4
164.4
E5414054
3.87
2.18
13
23800
18
N166016
2.56
-
8.3
22640
5
IAX-12-200
164.4
165.4
E5414056
8.71
5.52
19.1
29300
21
N166017
2.93
-
9.9
19840
10
IAX-12-200
165.4
166.4
E5414057
2.4
2.58
10.1
14900
25
N166018
3.1
-
10.8
18850
9
IAX-12-200
166.4
167.4
E5414058
1.92
1.8
8.9
14700
24
N166019
2.26
-
9.2
16230
19
IAX-12-200
167.4
168.4
E5414059
1.15
1.16
5.9
13300
20
N166020
1.37
-
6.5
19310
8
IAX-12-200
168.4
169.4
E5414560
0.413
-
2.2
9770
32
N166024
1.21
-
2
13400
16
IAX-12-200
169.4
170.4
E5414561
0.37
-
1.7
6480
52
N166025
0.768
-
3.2
8120
46
st
NI 43-101 Technical Report on the Akasaba Project – March 1 , 2013
Alexandria Minerals Corp.
85
Geologica Groupe – Conseil Inc.
ALEXANDRIA
GEOLOGICA
DDH
From
To
Sample
Au_AA23
Au_GRA21
Ag_AA45
Cu_AA45
Zn_AA45
Sample
Au-AA23
Au-GRA21
Ag-AA45
Cu-AA45_46
Zn-AA45
IAX-12-200
170.4
171.4
E5414562
0.837
-
2.2
6950
63
N166026
0.533
-
1.3
7430
63
IAX-12-200
171.4
172.4
E5414563
0.628
-
2.2
6060
44
N166027
0.437
-
2.2
8030
49
IAX-12-200
172.4
173.4
E5414565
0.66
-
4
7900
25
N166028
1.39
-
2.8
9030
26
IAX-12-200
173.4
174.4
E5414566
0.301
-
1.4
3170
21
N166029
0.235
-
1.4
3130
22
IAX-12-200
174.4
175.4
E5414567
0.22
-
1.5
3050
20
N166030
0.593
-
1.9
3380
23
IAX-12-200
175.4
176.4
E5414569
0.475
-
3.1
6400
21
N166031
0.54
-
2.7
7470
22
IAX-12-200
176.4
177.4
E5414570
0.525
-
1.6
6060
19
N166032
0.689
-
1.9
8300
21
IAX-12-200
177.4
178.4
E5414571
1.36
0.82
2.9
7860
17
N166033
0.841
-
2
7530
18
IAX-12-200
178.4
179.4
E5414572
1.75
1.47
6.8
8490
17
N166034
3.32
-
6.9
11150
16
IAX-12-200
179.4
180.4
E5414573
0.465
0.7
2.8
6020
20
N166035
0.479
-
2.1
5520
21
IAX-12-200
180.4
181.4
E5414575
3.42
2.57
3.9
9270
27
N166036
1.79
-
2.8
7400
30
IAX-12-200
181.4
182.4
E5414576
0.711
-
2.3
6120
36
N166037
0.34
-
2
5640
38
IAX-12-200
182.4
183.4
E5414577
0.905
-
3
7770
24
N166038
0.957
-
2.3
7900
29
IAX-12-200
183.4
184.4
E5414578
1.19
1.19
4.5
7620
22
N166039
1.035
-
3.5
6670
31
IAX-12-200
184.4
185.4
E5414579
0.605
-
3.6
8030
40
N166040
0.847
-
2.4
9530
55
IAX-12-200
185.4
186.4
E5414580
0.533
-
2.5
6090
40
N166041
0.561
-
1.9
5840
50
IAX-12-200
186.4
187.4
E5414581
0.533
-
1.9
5150
25
N166042
0.538
-
1.9
5260
32
IAX-12-200
187.4
188.4
E5414582
0.324
-
1.6
3220
19
N166043
0.22
-
1.3
3040
30
IAX-12-200
188.4
189.4
E5414583
0.232
-
0.9
2440
18
N166044
0.264
-
1
2590
24
IAX-12-200
189.4
190.4
E5414584
0.808
-
1.7
4010
26
N166045
0.321
-
1.3
3120
36
IAX-12-200
190.4
191.4
E5414586
0.41
-
1.2
3690
23
N166046
0.363
-
1.4
3540
33
IAX-12-200
191.4
192.4
E5414587
1.43
3.24
3.5
10900
18
N166047
1.145
-
3
7820
29
IAX-12-200
192.4
193.4
E5414588
0.522
-
2
5360
20
N166048
0.738
-
1.8
4940
25
IAX-12-200
193.4
194.4
E5414590
0.627
-
1.5
3830
30
N166049
0.534
-
1.4
3520
35
IAX-12-200
194.4
195.4
E5414591
0.889
-
2
4670
26
N166050
0.615
-
1.6
3940
38
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Geologica Groupe – Conseil Inc.
ALEXANDRIA
GEOLOGICA
DDH
From
To
Sample
Au_AA23
Au_GRA21
Ag_AA45
Cu_AA45
Zn_AA45
Sample
Au-AA23
Au-GRA21
Ag-AA45
Cu-AA45_46
Zn-AA45
IAX-12-200
195.4
196.4
E5414592
0.352
-
1.4
2510
17
N166054
0.394
-
1.3
3190
27
IAX-12-200
196.4
197.4
E5414593
1.08
0.64
2.4
6020
17
N166055
0.568
-
2.1
5770
28
IAX-12-200
197.4
198.4
E5414595
0.424
-
1.2
2690
17
N166056
0.501
-
1.2
2750
24
IAX-12-200
198.4
199.4
E5414596
0.886
-
1.2
3160
19
N166057
0.715
-
1.6
4480
21
IAX-12-200
199.4
200.4
E5414597
1.02
0.82
1.6
3720
10
N166058
0.491
-
1.4
4200
28
IAX-12-200
200.4
201.4
E5414598
0.386
-
1.3
2820
19
N166059
0.328
-
1.2
2460
30
IAX-12-200
201.4
202.4
E5414599
0.6
-
0.9
1510
20
N166060
0.939
-
1.2
3040
36
IAX-12-200
202.4
203.4
E5414600
0.259
-
0.6
1390
27
N166061
0.327
-
0.5
1455
41
IAX-12-200
203.4
204.4
E5414601
0.31
-
0.6
2380
30
N166062
0.238
-
0.6
1935
37
IAX-12-200
204.4
205.4
E5414602
0.483
-
1
3070
16
N166063
0.863
-
0.9
3560
21
IAX-12-200
205.4
206.4
E5414603
0.938
-
2.1
5040
17
N166064
1.03
-
1.8
5940
30
IAX-12-200
206.4
207.4
E5414604
1.37
1.64
3.2
4100
17
N166065
1.145
-
2.1
4080
23
IAX-12-200
207.4
208.4
E5414605
1.52
1.48
2.9
5680
15
N166066
1.34
-
2
5300
22
IAX-12-200
208.4
209.4
E5414607
1.55
2.88
3.5
4480
13
N166067
2.46
-
2.6
4890
17
IAX-12-200
209.4
210.4
E5414608
0.854
-
1.5
2890
14
N166068
0.614
-
1
2790
24
IAX-12-200
210.4
211.4
E5414609
2.26
2.28
2.5
3120
19
N166069
2.21
-
2.4
2880
28
IAX-12-200
211.4
212.4
E5414610
0.415
-
1
2330
18
N166070
0.428
-
0.7
2320
26
IAX-12-200
212.4
213.4
E5414611
0.42
-
1.2
2150
16
N166071
0.785
-
0.7
2900
27
IAX-12-200
213.4
214.4
E5414613
0.513
-
1
2080
18
N166072
0.463
-
0.7
1980
26
IAX-12-200
214.4
215.4
E5414614
1.04
0.92
0.8
1560
21
N166073
1.215
-
0.8
1580
28
IAX-12-200
215.4
216.4
E5414615
1.07
2.31
1.8
4030
24
N166077
2.04
-
2.4
4580
32
IAX-12-200
217.4
218.4
E5414618
1.51
1.34
1.8
2690
17
N166078
1.64
-
1.7
3140
27
IAX-12-200
218.4
219.4
E5414619
1.84
1.9
1.8
3690
27
N166079
2.07
-
1.6
3200
33
IAX-12-200
219.4
220.4
E5414620
0.789
-
1.3
2190
34
N166080
0.592
-
1.5
2000
52
IAX-12-200
220.4
221.4
E5414621
0.356
-
0.9
858
30
N166081
0.247
-
0.8
958
49
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Geologica Groupe – Conseil Inc.
ALEXANDRIA
GEOLOGICA
DDH
From
To
Sample
Au_AA23
Au_GRA21
Ag_AA45
Cu_AA45
Zn_AA45
Sample
Au-AA23
Au-GRA21
Ag-AA45
Cu-AA45_46
Zn-AA45
IAX-12-200
221.4
222.4
E5414622
0.074
-
0.9
427
47
N166082
0.133
-
0.3
450
65
IAX-12-200
222.4
223.4
E5414623
0.26
-
0.9
1210
40
N166083
0.348
-
0.8
1280
62
IAX-12-200
223.4
224.4
E5414624
1.28
1.1
2.3
3880
31
N166084
1.12
-
2.2
4240
61
IAX-12-200
224.4
225.4
E5414625
0.136
-
0.6
614
39
N166085
0.082
-
0.4
521
55
IAX-12-200
225.4
226.4
E5414627
0.037
-
0.8
399
16
N166086
0.154
-
0.5
750
25
IAX-12-200
226.4
227.4
E5414628
0.282
-
1.6
2670
31
N166087
0.481
-
1.1
2600
46
IAX-12-200
227.4
228.4
E5414629
1.15
1.01
1.9
3340
32
N166088
1.79
-
2.4
3840
54
IAX-12-200
228.4
229.4
E5414630
0.859
-
1.8
4210
31
N166089
2.23
-
1.7
3340
46
IAX-12-200
229.4
230.4
E5414631
1.73
1.89
2.1
3620
15
N166090
1.615
-
2.3
4080
48
IAX-12-200
230.4
231.4
E5414633
1.31
0.99
1.3
3710
33
N166091
0.896
-
1.3
3480
48
IAX-12-200
231.4
232.4
E5414634
0.522
-
1.2
1900
35
N166092
0.601
-
1
2070
56
IAX-12-200
232.4
233.4
E5414635
0.404
-
1.7
3320
44
N166093
0.562
-
1.4
3530
66
IAX-12-200
233.4
234.4
E5414636
2.56
2.29
2.4
5860
50
N166094
1.385
-
2.5
6240
69
IAX-12-200
234.4
235.4
E5414637
1.3
1.3
2.2
4380
57
N166095
1.06
-
1.3
3640
71
IAX-12-200
235.4
236.4
E5414638
1.2
1.34
2.8
3670
32
N166096
1.505
-
2.9
4280
50
IAX-12-200
236.4
237.4
E5414640
0.635
-
1.7
4010
27
N166097
0.518
-
1.3
3290
43
IAX-12-200
237.4
238.4
E5414641
0.666
-
1.9
3070
33
N166101
0.919
-
1.7
3490
49
IAX-12-200
238.4
239.4
E5414642
1.11
1.47
1.5
2300
35
N166102
0.966
-
1.2
2070
47
IAX-12-200
239.4
240.4
E5414643
0.121
-
0.7
510
27
N166103
0.062
-
0.4
420
38
IAX-12-200
240.4
241.4
E5414644
0.095
-
<0.5
316
49
N166104
0.072
-
0.4
364
69
IAX-12-200
241.4
242.4
E5414645
0.109
-
<0.5
311
59
N166105
0.046
-
0.3
251
74
IAX-12-200
242.4
243.4
E5414646
0.515
-
1
1090
47
N166106
0.568
-
0.5
756
56
IAX-12-200
243.4
244.4
E5414648
0.026
-
0.5
220
37
N166107
0.07
-
0.2
443
46
IAX-12-200
244.4
245.4
E5414649
2.57
2.36
5.1
14900
20
N166108
2.34
-
5.3
14560
22
IAX-12-200
245.4
246.4
E5414651
1.99
1.96
4.5
15900
13
N166109
2.12
-
7
16290
13
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Geologica Groupe – Conseil Inc.
ALEXANDRIA
GEOLOGICA
DDH
From
To
Sample
Au_AA23
Au_GRA21
Ag_AA45
Cu_AA45
Zn_AA45
Sample
Au-AA23
Au-GRA21
Ag-AA45
Cu-AA45_46
Zn-AA45
IAX-12-200
246.4
247.4
E5414652
1.74
1.5
3.6
11500
12
N166110
1.595
-
4.3
10880
15
IAX-12-200
247.4
248.4
E5414653
1.06
1.05
2.4
6800
21
N166111
0.807
-
1.7
5060
31
IAX-12-200
248.4
249.4
E5414654
0.43
-
1.1
1500
31
N166112
0.413
-
0.6
1515
37
IAX-12-200
249.4
250.4
E5414655
0.916
-
1.1
1910
32
N166113
0.72
-
1
1765
39
IAX-12-200
250.4
251.4
E5414656
0.087
-
<0.5
497
32
N166114
0.085
-
0.5
400
41
IAX-12-200
251.4
252.4
E5414658
0.119
-
1
685
32
N166115
0.119
-
0.7
649
42
IAX-12-200
252.4
253.4
E5414659
0.07
-
1
568
30
N166116
0.091
-
0.6
586
41
IAX-12-200
253.4
254.4
E5414660
0.169
-
0.8
661
35
N166117
0.136
-
0.3
600
44
IAX-12-200
254.4
255.4
E5414661
0.726
-
1
1540
32
N166118
0.678
-
0.6
1185
39
IAX-12-200
255.4
256.4
E5414662
0.212
-
1.2
634
28
N166119
0.136
-
0.2
481
37
IAX-12-200
256.4
257.4
E5414663
0.166
-
1
663
29
N166120
0.074
-
0.3
539
39
IAX-12-200
257.4
258.4
E5414664
0.107
-
0.8
476
28
N166124
0.374
-
0.5
407
30
IAX-12-200
258.4
259.4
E5414666
0.342
-
1
1510
30
N166125
0.395
-
0.5
1720
34
IAX-12-200
259.4
260.4
E5414667
2.25
1.94
6.5
10100
31
N166126
2.58
-
6.7
12600
36
IAX-12-200
260.4
261.4
E5414668
0.153
-
1.6
867
28
N166127
0.452
-
0.9
2070
36
IAX-12-200
261.4
262.4
E5414669
0.08
-
1.3
369
31
N166128
0.121
-
0.4
458
35
IAX-12-200
262.4
263.4
E5414670
1.29
1.35
2.4
3360
31
N166129
0.744
-
1.5
2030
35
IAX-12-200
263.4
264.4
E5414671
2.73
2.88
3
8190
22
N166130
2.87
-
3.5
8470
28
IAX-12-200
264.4
265.4
E5414672
1.82
1.85
2
5150
23
N166131
1.98
-
1.9
5120
28
IAX-12-200
265.4
266.4
E5414673
2.26
1.99
1.4
3910
23
N166132
2.07
-
1.5
4060
29
IAX-12-200
266.4
267.4
E5414674
0.585
-
<0.5
680
21
N166133
0.49
-
0.2
779
31
IAX-12-200
267.4
268.4
E5414676
0.059
-
<0.5
405
30
N166134
0.033
-
0.4
287
34
IAX-12-200
268.4
269.4
E5414677
0.056
-
<0.5
513
30
N166135
0.067
-
0.5
477
35
IAX-12-200
269.4
270.4
E5414678
0.154
-
<0.5
698
38
N166136
0.157
-
0.6
795
44
IAX-12-200
270.4
271.4
E5414680
0.088
-
0.6
403
82
N166137
0.171
-
0.7
448
79
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Correlation IAX-12-200 (Log10)
2
1
Au_AA23_Alexandria
0
121
116
111
106
101
91
86
81
76
96
-2
Au-AA23_Geologica
71
-1
1
6
11
16
21
26
31
36
41
46
51
56
61
66
Au (g/t) Log10
3
The correlation coefficient is 50% due to the high value obtained by Geologica between 151.6 m and 155.8 m.
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Figure 12 – Drillholes recheck samples
Geologica’s review of Alexandria’s drill core also included comparison of geology as
reported in the drill logs with our observations made of the core. We found that logging was
reasonable and to industry standard. Sample descriptions were also found to be reasonably
representative. We also checked sampled intervals in the core against those reported in the logs
and found no discrepancies.
13.0 MINERAL PROCESSING AND METALLURGICAL TESTING (Item 13)
During the autumn 2012, SGS Canada Inc. was mandated by Alexandria to
complete a scoping level metallurgical test program to recover gold for material
(Underground and Open pit) representing the Akasaba Project. The head grade of
underground and open pit composite assayed 2.91 g/t and 1.02 g/t of gold
respectively (SGS Canada Inc., November 30, 20120 A part of this section refers
to this document).
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The Bond ball mill work index for the underground and open pit composites
were 14.2 & 17.3 kWh/t, respectively. The underground and open pit samples are
considered as medium hard and moderately hard.
The density of underground and open pit composite was determined to be 2.9
and 3.2 g/cm 3, respectively. The higher density with Near Surface (open pit) material is
consistent with higher Fe and low silica assays in relation to the Underground
composite.
Gravity testing recovered 2.7% and 5.1% of the gold from open pit and
underground composite at a grind of 80% passing 171 µm and 148 µm,
respectively. The gold grades of the open pit and underground concentrate were
1,174 g/t and 1,819 g/t respectively.
Whole ore rougher kinetics flotation test for open pit composite recovered
77% of the gold at a grind of 80% passing 118 µm with traditional sulphide
collectors. 86% of the gold can be recovered from the underground composite at a
grind of 80% passing 97 µm with traditional sulphide collector. The alternative
collector responded well (71.4% and 85.7% gold recovery for open pit and
underground composite respectively) at a finer grind.
Flotation cleaner testing shows that near surface and underground
composites did not upgrade well as gold recoveries were 65% and below. Gold was
upgraded to 137 g/t and 467 g/t from 6.03 g/t and 23.0 g/t for the near surface (open
pit) and underground composites respectively.
Underground and open pit composites are amenable to whole ore cyanide
leaching with best recoveries of 95% and 91% respectively, with conditions tested of
P80 = 75 microns and 1.0 g/t CN. Based on the tested grind consideration, finer
grind improved gold recovery by 5%. Silver did not perform as well compared to
gold for these composites which is a general trend due to silver's complex mineralogy.
The batch cleaner tests showed 63.5% and 74.3% gold recoveries for open pit
and underground gravity tailings respectively. The combined Au and Ag recovery did
not improved significantly.
The gold extractions of the cyanide leach tests on gravity tailings of open pit
and underground were 89.7% and 91.7%. The combined gravity and leach can
produce 90% and 92% gold recovery from near surface and underground
composites after 48hr of leaching at the finer grind. The combined gravity and
cyanidation did not improve gold recovery significantly
.
Cyanide leaching on rougher concentrates produced lower stage recoveries
of 60.6% and 37.1% for underground and open pit.
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Scoping cyanide destruction tests were performed on the open pit and
underground leach products. The results indicated that for the open pit composite it
was possible to obtain detoxified product containing less than 2 ppm residual total
cyanide by treating the pulp at pH 8.6 for 158 minutes retention time using
approximately 12.6 g equivalent SO2 and 7.88 g hydrated lime per g of CNWAD.
The underground composite required a pH of 8.6, retention time of 121 minutes
and 12.1 g equivalent SO2 and 6.83 g hydrated lime per g CNWAD to achieve 21.8 ppm
CNt.
Environmental characterization included ABA and NAG testing concluded
that the Akasaba project samples are acid neutralizing and are not expected to
generate acid.
The conclusions of the report recommend to conduct further metallurgical
testwork on large scale variable composites to confirm and optimize process units.
Testwork on comminution, optimized feed size for flotation and cyanidation, CIL/CIP
process modeling, further cyanide destruction and rheology tests are advised.
14.0 MINERAL RESOURCE ESTIMATES (Item 14)
The 2013 Mineral Resource Estimate herein was performed by Christian
D’Amours, B.Sc, P.Geo. (OGQ #226) of Geopointcom, using all available results. The last
drillhole considered here is IAX-12-217. This drillhole was terminated on October 4,
2012. The main objective of this work was to publish the results of a mineral resource
estimate for a new zone (West zone) discovered on the Akasaba Project. The second
objective was to publish the results of an update on a mineral resource estimate
published on February, 2012 for the Underground extension of the main zone on the
Akasaba Project.
The Independent and Qualified Persons for the Mineral Resource estimates as
audited by Regulation 43-101 was Alain-Jean Beauregard, P.Geo. and Daniel
Gaudreault, ing. (Geologica – Consulting Firm), and the effective date of the estimate is
January 20, 2013. Mineral Resources are not Mineral Reserves having demonstrated
economic viability. Mr. Christian D’Amnours, P. Geol. of Geopointcom was responsible
for the 3D model and geostatistical analysis as well as resources estimation and
classification. (See Appendix II for the list of all intersections used).
The resources estimation of the main zone from Akasaba is based on a scenario
considering two consecutives steps, in the first of which the uppermost area (Maximum
depth of 150 meters) is available through an open pit mining method (50˚ slope). The
second step considers an underground mining operation (narrow long hole with 30 meters
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between sub-level). For the new west Zone, the mining scenario consists of an open pit
mining method (50˚ slope). In both cases, the scenarios envisioned constructing a mill on
site.
14.1 Methodology
The Mineral Resource Estimate presented here is based on a 3D Block model
interpolated using an Ordinary Krigging method. The software used for all geostatistical
analyses and computation was Isatis.
14.1.1 Drill hole sample database
The Geotic/Ms Access diamond drill hole database contain 592 surface and
Underground (historical) diamond drill holes with 42 820 samples. All standard tables
including coded lithology and intercepted zone are maintained in the database.
14.1.2 Interpretation of mineralized zones
Within the area of the main zone, the density of information is relatively high and
the interpretation was made on sections spaced from 50 to 20 meters apart. The
mineralized zone consists of 5 sub-parallel and relatively narrow lens. Considering the
financial parameters listed in table 11, the selection of mineralized intersections was
based on a minimum true width of 2.5 meters for underground sub-area and 5 meters for
Open Pit area. The minimum gold value (Cut off) was set to 2.25 g/t for Underground and
0.5 for open pit accessible ore. Even if the gold value based on the 5 year average is
higher ($1,325per ounce of gold) in January 2013 than the value calculated in February
2012, the author kept the February 2012 value for updating resources of the main zone.
Because none of the 40 new (IAX-11-177 to IAX-12-217) holes intersected the
area potentially accessed by Open Pit in the previous year’s calculations on the main
zone of Akasaba Project, only the underground portion of the main zone was updated.
Resources estimation of the Open Pit portion will be reported here as it was estimated in
February 2012 (NI 43-101 Technical Report on the Akasaba Property Written by
Geologica on February 25, 2012).
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Table 11: Financial parameter used for Main zone
Within the area of the West Zone, the density of information is very low and the
interpretation was made on section spaced 100 meters apart. The mineralisation consists
of one lens relatively thick (from 6.5 to 73.9 meters true thickness; average 39.9). Within
this zone, copper is of sufficient quantity, in addition to gold, to be considered as an
economic element. For this reason, all the intersections where selected using a gold
equivalent calculation, based on financial parameters listed in Table 12. In that case the
minimum thickness was not an issue but the Cut off was set to 0.5 g/t of gold-Equivalent.
Table 12: Financial parameters used for the West zone
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Typical section 10150 Main zone Under Ground
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Typical section 10050 Main zone Under Ground
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Typical section 8700 West zone
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Typical section West zone
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14.1.3 High grade capping and compositing
Statistical study has clearly demonstrated that all samples from all zones closely
follow a log-normal distribution without any noticeable aberrant value. Thus there is no
necessity for limiting high values. In order to minimize any bias introduced by the variable
sample lengths, uncapped gold (and copper) assays were composited of equal lengths as
close as possible to 1 meter within all intervals that define each of the mineralized zones.
Tails were not created and rather distributed over all composites within the ore intervals.
14.1.4 Variography
The author modeled the composite variography using the “Isatis” software. The
objectives of this step consist of:
-
Characterizing the anisotropy and setting the dimensions and direction of a search
ellipsoid to use during the interpolation of values of the block model. The dimensions
of the three axes of the ellipsoid are equal to the range measured on the
variograms. This way, it is statistically shown that wherever the center of this
ellipsoid is located, all samples included within it will have a variance inferior to that
of the entire population. It is reasonable to use this subselection to estimate the
value of a central point. The anisotropy may also be used to select and weigh
samples during the “de-clustering” steps.
-
Defining the Kriging equations. The equations deriving from the variograms are
required during the Kriging interpolation. These equations take into account the
nugget effect (C0), the model of dispersion (spherical, exponential…), the range and
the variance in each three axes (σ1, σ2 and σ3). It is frequent to use more than one
model in order to better represent the dispersion (short and long) of each of the axes
before reaching the level (total variance).
First, an omnidirectional variogram to estimate the nugget effect (C0) was calculated.
Second, 18 directional variograms located in the horizontal plane were calculated, which
allows defining the direction of longer continuity (longitudinal direction). Third was the
construction of 18 directional variograms set in the vertical plane parallel to the
longitudinal direction and another 18 directional variograms set in a vertical plane
perpendicular to the longitudinal direction. This step provides an overview of the variance
of the idealized sphere in order to verify the presence of a directional anisotropy. The last
step consists of fitting a mathematical model allowing representation of these
experimental variograms (Table 13).
Within the main zone, the variograms obtained are considered robust and reliable.
This means that they resist well enough changes of parameters such as tolerance or lag
and they compare well to the results obtained using other type of variograms. Within the
West zone, the variogram study has suffered with the lack of data. Thus the variograms
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obtained are considered less reliable and will probably change considerably when more
data becomes available.
Table 13: Variography study (Main and West zones)
14.1.5 Bulk density
Géologica took 13 samples within all zones of the main sector from available
drillholes for Specific Gravity (SG) determination. The author removed both the lower and
the higher value prior to calculate the averages. The SG used within the main sector was
2.8 g/cm3.
The host rock from the West Zone is different than from the main zone due to
intense schistosity and alteration. Within the west zone, the host rock contains many
voids. Limited sampling made by Géologica permitted to estimate the SG of this sector to
2.65 g/cm3.
14.1.6 Block model geometry
The cell dimension within the block model was set to 5X5X6.2 meters for all Open
Pit sectors and 5X5X10 meters for the Under Ground sector. For better adjustment with
the relatively narrow zone of the main sector, the block model of this area was rotated 13
degrees anticlockwise. Block model of the West Zone was not rotated.
14.1.7 Grade interpolation
In all cases, the grade was estimated using an Ordinary Kriging (OK) method
available from Isatis software. The kriging parameters are derived from the variography
study and can be found in the following Table 13.
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Each subzone was estimated using only composite selections from its own zone
(hard boundary). The search ellipsoid used to select neighbour composites was
constructed using the geometries defined in the variography study. The only exception is
for the center zone where the ray of the search ellipsoid is 2 times longer than the range
measured from the variography study.
The strategy used to select neighbor composites within each sectors is similar but
slightly different.
For the open pit model related to the main sector, a cell may be estimated if the
search ellipsoids located in its center contain a minimum of eight (8) composites. Those
composites must be distributed within a minimum of two (2) octants. The maximum
number of composites per octant is five (5). If this condition cannot be met then the size
of the ellipsoid was multiplied by three (3) with all the other conditions unchanged. In the
case where the minimum condition is still unavailable, the cell value was set to zero (0).
This may append within the waste area.
Within the underground model the general strategy is similar except that the
number of composites involved was set to a minimum of four (4) located within three (3)
different octants and the maximum composites per octants was set to three (3).
In the case of the open pit which is located within the west sector, each commodity
(Au, Cu) was estimated individually and then combined to calculate the Au equivalent.
Thus this Au equivalent was used within the pit optimisation process to select material
within the pit limit. Because of the small number of samples available, octant selection
was not retained in that case. When a cell is located within the ore limit, the search
ellipsoid located on its center must find a minimum of three (3) samples and only the
closest height (8) will be used. If the minimum cannot be met, the search ellipsoid is
multiplied by five (5). For a cell located within the waste area, the search strategies is
exactly the same except the size of ellipsoid is twice as big as for a cell in the ore
material.
14.1.8 Resource categories
The strategies used for classifying resources categories were different for all the
considered sectors. Within the main zone open pit, the classification was mostly based on
the density of information. Thus a cell estimated with the normal ellipsoid was classified in
the “Indicated” category. When a cell was estimated using the extended ellipsoid then
the category was set to be “Inferred”. This mode of classification reflects the high
number of samples available.
Within the underground model, the author adds more emphasis on geometrical
distribution of composite. The author used the slope of the regression of the actual value
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knowing the estimated value (slope Z/Z*). To be classified as “Inferred” a cell from the
Underground model must have an estimated grade equal or higher than 2.25 g/t. From
the “Inferred” cell, if the slope Z/Z* is equal or higher to 0.6, then the cell was classified
as “Indicated”.
Because of the low density of information regarding the West zone, all the cells
from this area were classified in the “Inferred” categaory.
14.2 Resource Estimation
The final resource estimation is presented in the following tables. The reader must
be aware that the value presented here does not take into account any dilution factor. The
authors consider that the dilution factor must closely reflect the planned mining method.
The mining method is not finalized yet.
In this report, the term “Inferred” and “Indicated” resource have the meaning
ascribed to those termed by the Canadian Institute of Mining, Metallurgy and Petroleum,
as the CIM Definition Standards on Mineral Resources and Mineral Reserve adopted by
the CIM Council, as amended.
-
An ‘Inferred Mineral Resource’ is that part of a Mineral Resource for which
quantity and grade or quality can be estimated on the basis of geological
evidence and limited sampling and reasonably assumed, but not verified,
geological and grade continuity. The estimate is based on limited information
and sampling gathered through appropriate techniques from locations such as
outcrops, trenches, pits, workings and drill holes.
-
Due to the uncertainty that may be attached to Inferred Mineral
Resources, it cannot be assumed that all or any part of an Inferred Mineral
Resource will be upgraded to an Indicated or Measured Mineral Resource as a
result of continued exploration. Confidence in the estimate is insufficient to allow
the meaningful application of technical and economic parameters or to enable an
evaluation of economic viability worthy of public disclosure. Inferred Mineral
Resources must be excluded from estimates forming the basis of feasibility
or other economic studies.
-
An ‘Indicated Mineral Resource’ is that part of a Mineral Resource for which
quantity, grade or quality, densities, shape and physical characteristics, can be
estimated with a level of confidence sufficient to allow the appropriate
application of technical and economic parameters, to support mine planning
and evaluation of the economic viability of the deposit. The estimate is based
on detailed and reliable exploration and testing information gathered through
appropriate techniques from locations such as outcrops, trenches, pits,
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workings and drill holes that are spaced closely enough for geological and grade
continuity to be reasonably assumed.
-
Mineralization may be classified as an Indicated Mineral Resource by the
Qualified Person when the nature, quality, quantity and distribution of data
are such as to allow confident interpretation of the geological framework and
to reasonably assume the continuity of mineralization. The Qualified Person
must recognize the importance of the Indicated Mineral Resource category
for the advancement of the feasibility of the property. An Indicated Mineral
Resource estimate is of sufficient quality to support a Preliminary Feasibility Study
which can serve as the basis for major development decisions.
Resources estimation from the Open pit of the main sector. This value was not
changed nor reviewed since the last estimation in February 2012.
Tonnage of the pit
Waste/Ore ratio
Grade of the ore (g/t)
Ore tonnage
Waste pilled (tons)
Overburden removed (m3)
Ounces recovered (oz Au)
Maximum depth (m)
Length (m) of the pit
Width (m) of the pit
Main pit Indicated
Resource
10 092 937
2.4
1.37
3 009 214
7 083 724
834 971
121 877
Satelites pits Inferred
Resource
497 083
0.7
1.76
285 374
211 709
184 638
14 861
149
570
280
43
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Resources estimation for Underground portion of the main zone updated since
February 2012.
Nord 1
Nord 2
Nord 3
Nord 4
Center
TOTAL
Indicated UG Resource
Inferred UG Resource
Au
Onces
Au
Onces
Ton
Ton
Undiluted
recovered
recovered Undiluted
(g/t)
(92%)
(92%)
(g/t)
6.25
369 051
68 245
6.59
419 238
81 769
5.21
269 528
41 525
5.23
1 030 809
159 608
0.00
0
0
2.60
33 141
2 552
4.74
15 350
2 154
5.03
29 210
4 347
0.00
0
0
3.07
25 575
2 319
5.79
653 929
111 924
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1 537 973
250 594
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Resources estimation for the west zone accessed with an Open pit
See Appendices II and III for the table with drillhole intervals used in this resource
calculation and all the longitudinal sections.
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15.0 ADJACENT PROPERTIES (Item 23)
Several mining claims around the Akasaba Project are owned by Alexandria (see
Figure 13).
Figure 13 – Adjacent Mining Properties
16.0 OTHER RELEVANT DATA AND INFORMATION (Item 24)
No historical environment liabilities were found to exist on the subject project. In
terms of permitting, Alexandria required work permits for any construction of access for
diamond drilling or stripping / trenching activities, or for clearing of lumber on the claims
holdings.
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17.0 INTERPRETATION, CONCEPT AND CONCLUSIONS (Item 25)
The Akasaba Project of Alexandria Minerals straddles the Cadillac Break, which
represents an important metallogenic feature in the Val-d’Or area. Several past producers
such as the East Malartic, Barnat-Sladen, and O’Brien Mines, and recent discoveries
such as the Goldex and the Lapa Mines of Agnico-Eagle Mines Inc. and Canadian
Malartic Open Pit Mine of Osisko are in direct spatial relationship to this feature. The
presence of numerous gold deposits and the exploration activities being conducted
around them supports the idea of the potential for finding new mineralized zones and/or
extensions of known zones on pre-existing deposits.
Recent work on Alexandria’s Akasaba Project has confirmed that the formerly
explored and exploited gold bearing structures on these properties continue to show
potential for hosting additional mineralization, and merit additional exploration work. Past
exploration programs in the area have discovered several significant gold-bearing zones
on these properties, and recent efforts by Alexandria have shown that these past results
can be built upon. There is a very good possibility that further encouraging gold results
can be discovered on the Cadillac Break properties of Alexandria Minerals Corp.
In addition, recent exploration activities and discoveries have shown that there is
considerable potential below a depth of 500 meters, as at the Lapa Mine, reported to
contain probable reserve of more than 1.6 M ounces of gold, mostly below 500 meters
(www.agnico-eagle.com). The prospectivity of Alexandria’s land holdings is strong
considering that the average depth of investigation by historic diamond drilling on the
Akasaba Project is approximately 150 meters below surface. Moreover, the recent drilling
by Alexandria confirms the depth potential 600 meters below surface.
The Akasaba Project presents good potential for hosting a wide variety in styles of
mineralization. The recent Akasaba mineral resources shows a low-grade large volume
mining approach should be considered and evaluated for the auriferous mineralizations.
This approach is presently successful for Osisko Mining on their Canadian Malartic
Property, Detour Gold at the old Detour Mines site, Placer Dome’s Super Pit in Timmins
and Kinross’ Fort Knox Mine in Alaska and appears to be more feasible with increasing
price of gold.
Geologica believes that the Project is of sufficient merit for moving forward with
additional exploration work to carry out the recommended programs. The recommended
technical program is based on data which is judged to be representative and appropriate.
The Akasaba Project hosts a significant gold resource, classified as Indicated and
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Inferred Resources, from which a significant part could be potentially reached from the
surface.
18.0 RECOMMENDATIONS (Item 26)
Geologica recommends the completion of a Preliminary Economic Assessment
“PEA” study on the Akasaba resources. The complementary drilling should be carefully
completed using thorough sampling protocol and geological follow-up (detailed geological
and structural approach). The complementary drilling program will have two main
objectives: (i) confirming continuity of the New Au-Cu Akasaba New mineralized zones
and; (ii) confirming depth continuity of the Akasaba Mines mineralized zones (Main Zone).
The work program follows with associated costs:

The authors recommend that Alexandria conducts further drilling to
increase lateral and depth extensions particularly refine the geological
model between different Zones and down-plunge of both mineralized
zones. Both step-out and infill drilling will permit reclassification of the
Inferred resources to Measured and Indicated resources as well as assess
the potential to expand the resource base.
15,000 meters @ $200/m (all include)  $3,000,000

Additional drilling on previously unexplored en echelon mineralized
structures such as the skarn type zones and deep holes down plunge of
mineralized zones.
10,000 meters @ $200/m (all include)  $2,000,000

With substantial increase of near surface Measured and Indicated
resource, the authors recommend updated resources followed by a
prefeasibility study to define underground reserves.
Costs are estimated at  $500,000

PEA study  $500,000

Administration (5%)  $ 300,000

Contingencies (10%)  $ 630,000
Total budget of 6.93 M$ is recommended to complete this program
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19.0 REFERENCES (Item 27)

BEAUREGARD, A.J., GAUDREAULT, D., 2003 – AIF- 43-101 Report on the
Cadillac Fault Properties. Bourlamaque, Louvicourt and Vauquelin Townships,
Province of Quebec., Geologica Groupe-Conseil, November 23rd, 2003, 84
pages.

BEAUREGARD, A.J., GAUDREAULT, D., 2008 – NI 43-101 Report on the Cadillac
Break Properties. For Alexandria Minerals Corp., Geologica Groupe-Conseil,
February 25, 2008.

BEAUREGARD, A.J., GAUDREAULT, D., 2012 – NI 43-101 Technical Report on
the Akasaba Property. Alexandria Minerals Corp. – Geologica Groupe-Conseil
Inc., May 1st, 2012 and revised June 6, 2012.

GRONDIN, O., BRISSON, H., 2006 – Rapport de travaux d’exploration. Projets
Akasaba (#208) et Valdora (#248). Janvier 2006. Cambior Exploration (GM
62246).

SOCIÉTÉ MINIÈRE LOUVEM INC. 1987 – Propriété Akasaba. Synthèse géologique
et évaluation du potentiel économique. Février 1987. Soquem.

TECHNOLOGIES EARTHMETRIX INC., 2007 – Geological Interpretation of Vald’Or JV Propertys, Quebec, Canada.
Notes:
The authors also reviewed all other informations pertaining to the Akasaba
property available in the Alexandria’s exploration office in Val-d’Or (Quebec).
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APPENDIX I – LIST OF STATUTORY WORK
(From de MRNFQ (‘SIGEOM’) site: http://www.mrnfp.gouv.qc.ca/)
AKASABA
GM 02000
PROPERTY-O-GRAPH REG'D., 1952 - BLOCK DIAGRAM SHOWING PART
OF THE PROPERTY FROM PLANS AND GEOLOGICAL SECTIONS.
OBASKA LAKE MINES LTD.
GM 02085-A INGHAM, W N., 1944 - INFORMATION REPORT. FROBISHER EXPL CO
LTD, OBASKA LAKE MINES LTD.
GM 02085-B FOCKLER, E K., 1942 - DRILLING RESULTS, OBASKA PROPERTY.
OBASKA LAKE MINES LTD.
GM 03276-A INGHAM, W N., 1954 - INFORMATION REPORT. OBASKA LAKE MINES
LTD.
GM 03276-B AGAR, D R, O'NEIL, V., 1952 - 121 DDH LOGS. OBASKA LAKE MINES LTD.
GM 08369
ROSS, S H., (MRN), 1939 - EXAMINATION REPORT. MINECREATORS LTD,
OBASKA MINES LTD.
GM 10078
GRAHAM, H R., 1960 - GEOLOGICAL REPORT AND 1 LEGEND. AKASABA
GOLD MINES LTD.
GM 28252
TAYS, R H., 1972 - REPORT ON MAG AND E M SURVEYS. AKASABA GOLD
MINES LTD, FALCONBRIDGE NICKEL MINES LTD
GM 28513
BRIGGS, D N., 1972 - 3 DDH LOGS. AKASABA GOLD MINES LTD,
FALCONBRIDGE NICKEL MINES LTD.
GM 34909
DUBE, B., 1979 - RAPPORT GEOPHYSIQUE, LEVE DE POLARISATION
PROVOQUEE, 10-475 AKASABA. SOQUEM.
GM 35048
BLOUIN, J Y., 1979 - JOURNAL DES SONDAGES, PROJET 10-476.
FALCONBRIDGE NICKEL MINES LTD, INTERNAT OBASKA MINES LTD,
SOCIETE MINIERE LOUVEM INC, SOQUEM.
GM 35049
BLOUIN, J Y., (SOCIETE MINIERE LOUVEM INC, SOQUEM), 1979 - 5
JOURNAUX DE SONDAGE, PROJET 10-475, PROPRIETE LOUVEM CM 467.
FALCONBRIDGE NICKEL MINES LTD, INTERNAT OBASKA MINES LTD,
SOCIETE MINIERE LOUVEM INC, SOQUEM.
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GM 36088
BOUDREAULT, A P, CHAMPAGNE, M., 1980 - CAMPAGNE DE FORAGE,
PROJET BLOC SUD 10-476.SOQUEM.
GM 37806
1981- LEVÉ MAGNÉTIQUE, PROJET AKASABA 10-475. INTERNAT OBASKA
MINES LTD. MINES FALCONBRIDGE NICKEL LTEE, SOQUEM. 15 PAGES.
4 CARTES.
GM 37807
1981 - LEVE DE POLARISATION PROVOQUEE, PROPRIETE AKASABA,
PROJET 10-475. INTERNAT OBASKA MINES LTD, MINES FALCONBRIDGE
NICKEL LTEE, SOQUEM. 19 pages. 31 cartes.
GM 37808
1981 - MEMO GEOPHYSIQUE, PROJET AKASABA 10-475. INTERNAT
OBASKA MINES LTD, MINES FALCONBRIDGE NICKEL LTEE, SOQUEM.
54 pages. 7 cartes.
GM 38234
1981 - LEVE GEOLOGIQUE ET STRUCTURAL, PROJET AKASABA 10-475.
INTERNAT OBASKA MINES LTD, MINES FALCONBRIDGE NICKEL LTEE.
33 pages. 3 cartes.
GM 38399
LEONARD, M A., 1982 - RAPPORT DES TRAVAUX EFFECTUES SUR LA
PROPRIETE D'AKASABA, GROUPE 601. BROMINCO INC.
GM 39236
1982 - RAPPORT SUR LA CAMPAGNE DE FORAGE 1981-1982,
CAMPAGNE DE SONDAGES ET CALCUL DE RESERVES EN PLACE,
AKASABA 10-475. FALCONBRIDGE LTEE, INTERNAT OBASKA MINES LTD,
SOQUEM.
GM 39684
PAGE, D, GAGNON, G., 1982 - CAMPAGNE D'EXPLORATION ETE 1982,
PROJET AKASABA. LAB D'ANALYSE BOURLAMAQUE LTEE. SOQUEM.
GM 39915
ST-HILAIRE, C., 1983 - MEMO GEOPHYSIQUE, PROJET AKASABA 10-475.
SOQUEM.
GM 41262
BOUDREAULT, A P., (CHIMITEC LTEE, METRICLAB [1980] INC, SOCIETE
MINIERE LOUVEM INC)., 1984 - RAPPORT DE LA CAMPAGNE
D'EXPLORATION 1983, BLOC SUD. SOQUEM.
GM 45687
PODOLSKY, G.,( AERODAT LTD), 1987 - REPORT ON A COMBINED
HELICOPTER BORNE MAGNETIC, ELECTROMAGNETIC AND VLF
SURVEY, VAL D'OR AREA PROPERTIES. CAMBIOR INC, NOVA-CO EXPL
LTD.
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NI 43-101 Technical Report on the Akasaba Project – March 1 , 2013
Alexandria Minerals Corp.
II
Geologica Groupe – Conseil Inc.
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SIMARD, J, BERUBE, P., 1994 - RAPPORT SUR UN LEVE DE
POLARISATION PROVOQUEE, PROJET AKASABA (9111). SAGAX
GEOPHYSIQUE INC. CAMBIOR INC.
GM 52955
LAMBERT, G., 1995 - RAPPORT D'INTERPRETATION DE LEVES
ELECTROMAGNETIQUES PULSE E.M. EN FORAGE, PROPRIETE
AKASABA, PROJET 911. CAMBIOR INC.
GM 60079
FAURE, S, GABOURY, D., 2001 - ATLAS DES GISEMENTS ABITIBI, FICHE
NO 2, AKASABA. CONSOREM. AKASABA GOLD MINES LTD.
GM 61751
GRONDIN, O, BRISSON, H., 2004 - RAPPORT D'ETAPE - TRAVAUX
D'EXPLORATION,
PROJET
VAL-D'OR,
BLOC
SUD,
AKASABA,
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LAMBERT, G., 2005 - RAPPORT SUR DES TRAVAUX GEOPHYSIQUES AU
SOL, LEVES MAGNETOMETRIQUES ET DE POLARISATION PROVOQUEE,
PROJET
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GEOPHYSIQUE TMC,
GERARD LAMBERT
GEOSCIENCES. CAMBIOR INC.
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GRONDIN, O, BRISSON, H.,
2006 - RAPPORT DE TRAVAUX
D'EXPLORATION, PROJETS AKASABA ET VALDORA. CAMBIOR INC,
TECHNI-LAB. LES RESSOURCES AUR INC.
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SAUVE, P., 1985 - GEOLOGIE DE LA MINE D'OR AKASABA - REGION DE
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QUEBEC. ECOLE POLYTECHNIQUE, MONTREAL, QUEBEC, CANADA.
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NI 43-101 Technical Report on the Akasaba Project – March 1 , 2013
Alexandria Minerals Corp.
III
Geologica Groupe – Conseil Inc.
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GM 00501
REPORT
ON
MAGNETIC
SURVEY.
1944. 7 pages. 1 carte. 1 microfiche. 32C04
GM 00502-A
MAGNETIC
SURVEY.
GOLDORA
1945. 5 pages. 1 carte. 1 microfiche. 32C04.
GM 00502-B
1 PLAN OF MAGNETIC SURVEY WITH DDH LOCATION AND
TRENCHES. GOLDORA MINES LTD. 1945. 1 carte. 1 microfiche. 32C04.
GM 00884
INSPECTION
REPORT.
GOLDORA
1950. 3 pages. 1 microfiche. 32C04.
GM 01095
CALLOW, A C, FOCKLER, E K., 1950 - LOG OF DIAMOND DRILL HOLE,
SABOURIN CREEK MINES PROPERTY. SABOURIN CREEK MINES LTD.
7 pages. 1 carte. 1 microfiche. 32C04.
GM 06885
EXAMINATION
REPORT.
1944. 2 pages. 1 microfiche. 32C04.
GM 06906
REPORT ON MAG SURVEY WITH APPENDIX. INSPIRATION MNG & DEV
CO
LTD,
JOLIN
BOURLAMAQUE
MINES
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1946. 11 pages. 3 cartes. 1 microfiche. 32C04.
GM 06908
8 DDHLOGS. INSPIRATION MNG & DEV CO LTD, JOLIN BOURLAMAQUE
MINES LTD. 1946. 17 pages. 1 carte. 1 microfiche. 32C04.
GM 06920
GEOMAGNETIC SURVEY WITH GEOLOGY. MACBART MINES LTD.
1945. 7 pages. 1 carte. 1 microfiche. 32C04
GM 06950
EXAMINATION
REPORT.
SABOURIN
1945. 2 pages. 1 microfiche. 32C04.
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I P AND RES SURVEY. CLAIMS AUBIN, CLAIMS AUDET, CLAIMS
ROBITAILLE,
FROBEX
LTD,
SABOURIN
CREEK
MINES
LTD.1964. 18 pages. 9 cartes. 3 microfiches. 32C04.
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REPORT ON AIRBORNE GEOPHYSICAL SURVEY. CLAIMS BROSSARD,
NAGANTA MINING & DEV CO LTD, NEMROD MINING CO LTD, TIMROD
MINING CO LTD. 1968. 11 pages. 1 carte. 1 microfiche. 32C04.
st
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Alexandria Minerals Corp.
GOLDORA
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MINES
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LTD.
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Geologica Groupe – Conseil Inc.
GM 25809
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RAPPORT
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EM.
1976. 3 pages. 2 cartes. 1 microfiche. 32C04.
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GM 33353
RAPPORT GEOLOGIQUE ET DE COMPILATION. BROMINCO INC, GROUPE
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BONDAR-CLEGG & CO LTD. RESSOURCES AUR INC. BROMINCO INC.
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BERUBE, P., 1985 - PPL INDUCED POLARIZATION SURVEY, SABOURIN
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RESSOURCES AUR INC. 23 pages. 10 cartes. 3 microfiches. 32C04.
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SURVEY, ANNAMAQUE & SABOURIN CREEK PROPERTIES. SAGAX
GEOPHYSIQUE INC. RESSOURCES AUR INC. BROMINCO INC.
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CASTONGUAY, J., (GEOLA LTEE.), 1988- CAMPAGNE DE SONDAGE
FEVRIER - MARS 1988, GROUPE CALLAHAN (BOURLAMAQUE) PN 040.
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NI 43-101 Technical Report on the Akasaba Project – March 1 , 2013
Alexandria Minerals Corp.
BROMINCO
INC.
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Geologica Groupe – Conseil Inc.
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DRILLING PROGRAM, SABOURIN CREEK PROPERTY. RESSOURCES
AUR INC. 92 pages. 7 cartes. 5 microfiches. 32C04.
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LAVOIE, C., 1997 - INDUCED POLARIZATION SURVEY, SABOURIN CREEK
PROPERTY.
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D'OR
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st
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III
Geologica Groupe – Conseil Inc.
APPENDIX II – TABLE OF DRILLHOLE INTERSECTIONS USED IN RESOURCE
CALCULATION
st
NI 43-101 Technical Report on the Akasaba Project – March 1 , 2013
Alexandria Minerals Corp.
IV
DDH
From (m)
To (m)
15-87-01
15-87-01
15-87-01
15-87-01
475-79-01
475-79-01
475-79-01
475-79-01
475-79-02
475-79-02
475-79-02
475-79-02
475-79-03
475-79-03
475-79-03
475-79-03
475-79-03
475-79-03
475-79-04
475-79-04
475-79-04
475-79-04
475-79-05
475-79-05
475-79-05
475-79-05
475-81-06
475-81-06
475-81-06
475-81-06
475-81-06
475-81-06
475-81-07
475-81-07
475-81-08
475-81-08
475-81-08
475-81-08
475-81-09
475-81-09
475-81-09
475-81-09
475-81-10
475-81-10
475-81-10
475-81-10
475-81-11
475-81-11
475-81-12
475-81-12
475-81-13
475-81-13
475-81-13
475-81-13
475-81-13
475-81-13
475-81-14
475-81-14
475-81-14
475-81-14
475-81-15
475-81-15
132.28
138.98
157.7
159
151.5
155.3
165.25
167
99
99.9
112.2
114
98.88
98.88
128
128.78
167.94
167.94
93
94.4
140.1
141.9
109.67
110
140.54
140.54
5.8
9.8
28.8
36.8
55.2
55.7
1.2
23.7
13.5
14
50.7
52.9
157.5
161.3
186
186.1
172
173.4
193.5
204
354.5
356.5
264.8
264.8
253
256.1
274
274
293
294.4
248
253.1
286.5
291.6
57
59.9
144.78
143.26
166.3
163.3
158.95
159
172.75
170.8
105.1
103
118.15
117
108.2
101.9
130.9
134.5
173.46
170.7
99.2
97.5
145.9
144.8
117.7
114
150.51
144.5
21.3
16.8
42.3
40.8
61.5
58.8
38.2
27.2
20
18
57
56
164.3
164.7
192.7
189.5
175.5
180.3
200.3
207.4
362.5
360.5
274.8
271.8
259.3
259.3
280.3
277.2
299.3
297.6
255.5
256.9
294
295.4
63.5
63.1
Selected intervals
Horiz.
Zone Name
Tickness (m)
OP05 NORD2
7.26
UG225 NORD2
2.49
OP05 NORD1
5
UG225 NORD1
2.5
OP05 NORD2
4.97
UG225 NORD2
2.47
OP05 NORD1
5.01
UG225 NORD1
2.54
OP05 NORD2
5.01
UG225 NORD2
2.54
OP05 NORD1
4.98
UG225 NORD1
2.51
OP05 NORD4
7.78
UG225 NORD4
2.51
UG225 NORD3
2.49
OP05 NORD3
4.94
OP05 NORD2
5
UG225 NORD2
2.5
OP05 NORD4
4.97
UG225 NORD4
2.48
OP05 NORD3
5.05
UG225 NORD3
2.53
OP05 NORD2
4.98
UG225 NORD2
2.48
OP05 NORD1
6.26
UG225 NORD1
2.49
OP05 PIT
11.97
UG225 PIT
5.4
OP05 NORD2
10.63
UG225 NORD2
3.16
OP05 NORD1
5
UG225 NORD1
2.46
OP05 NORD1
26.42
UG225 NORD1
2.51
OP05 NORD2
5.04
UG225 NORD2
3.1
OP05 NORD1
5.03
UG225 NORD1
2.48
OP05 NORD2
5.03
UG225 NORD2
2.52
OP05 NORD1
5.01
UG225 NORD1
2.54
UG225 NORD2
2.5
OP05 NORD2
4.93
OP05 NORD1
4.96
UG225 NORD1
2.51
OP05 NORD2
5.03
UG225 NORD2
2.52
OP05 PIT
5.6
UG225 PIT
3.92
OP05 PIT
4.97
UG225 PIT
2.52
OP05 NORD2
4.98
UG225 NORD2
2.53
OP05 NORD1
4.96
UG225 NORD1
2.52
OP05 NORD2
5.04
UG225 NORD2
2.55
OP05 NORD1
4.97
UG225 NORD1
2.5
OP05 NORD2
4.99
UG225 NORD2
2.46
Thrue
Tickness (m)
7.23
2.48
4.98
2.49
4.95
2.46
4.99
2.53
4.99
2.53
4.96
2.5
7.75
2.5
2.48
4.92
4.98
2.49
4.95
2.47
5.03
2.52
4.96
2.47
6.24
2.48
11.92
5.38
10.59
3.15
4.98
2.45
26.32
2.5
5.02
3.09
5.01
2.47
5.01
2.51
4.99
2.53
2.49
4.91
4.94
2.5
5.01
2.51
5.57
3.9
4.95
2.52
4.96
2.52
4.94
2.51
5.02
2.54
4.95
2.49
4.97
2.45
Au g/t
Cu ppm
0.61
0.91
0.33
0.65
0.43
0.66
0.89
1.43
0.26
0.24
0.56
0.93
0.55
0.63
0.87
0.64
0.78
1
10.04
19.94
0.16
0.17
0.35
0.49
0.8
1.32
7.04
12.21
1.87
3.06
0.36
0.4
1.16
1.9
3.5
5.05
1.09
1.86
1.61
3.1
0.36
0.46
0.3
0.27
0.06
0.46
1.43
2.53
1.68
2.18
0
0
0.15
0.29
0.06
0.11
0.74
1.47
0.52
0.83
0.55
0.8
--------223
304
1183
1595
--------2242
3166
634
--------696
----477
673
------------------------------------------------------0
---------------------
Au Eqiv.
(g/t)
0.61
0.91
0.33
0.65
0.46
0.71
1.07
1.68
0.26
0.24
0.74
1.25
0.9
1.12
0.97
0.71
0.89
1.18
10.22
20.05
0.16
0.17
0.43
0.6
1.01
1.79
7.1
12.3
1.87
3.06
0.36
0.4
1.16
1.9
3.57
5.16
1.09
1.86
1.61
3.1
0.36
0.46
0.3
0.27
0.06
0.46
1.43
2.53
1.68
2.18
0
0
0.15
0.29
0.06
0.11
0.74
1.47
0.52
0.83
0.55
0.8
DDH
From (m)
To (m)
475-81-15
475-81-15
475-81-16
475-81-16
475-81-16
475-81-16
475-81-17
475-81-17
475-81-17
475-81-17
475-81-18
475-81-18
475-81-18
475-81-18
475-82-19
475-82-19
475-82-19
475-82-19
475-82-20
475-82-20
AK04-16
AK04-16
AK05-22
AK05-22
AK94-01
AK94-01
AK94-01
AK94-01
AK94-02
AK94-02
AK94-02
AK94-02
AK94-02-2
AK94-02-2
AK94-02-2
AK94-02-2
AK94-03
AK94-03
AK94-03
AK94-03
AK94-04
AK94-04
AK94-05
AK94-05
AK94-05
AK94-05
AK94-06
AK94-06
AK94-06
AK94-06
AK94-06
AK94-06
B1-101
B1-101
B1-102
B1-102
B1-103
B1-103
B1-104
B1-104
B1-105
B1-106
74
75.4
132.5
133.5
155.5
157.9
205.5
215.5
262.5
262.5
155
161.8
176
176
113.7
117.2
143.4
146
138.5
142.7
429.4
430.2
132
134.4
233
236
283.6
287.1
440
443.2
469.5
470
444.4
447
484.4
487
213.8
215.2
264.25
264.25
307.7
311.1
493.2
496.2
522.3
524.6
530
530
620
622.1
679.75
679.75
0
0
4.54
8
0
1.25
0
0
0
0
80.5
78.6
136.8
143.5
165.5
162.2
219.5
220
274
267
165
166
185
180.3
120.7
120.7
150.4
150.4
146.8
146.8
437
434
140.6
137
241.1
240.1
291.6
291.1
448.3
447.4
477.8
474.2
453
451.3
493
491.3
220.3
218.4
270.95
267.5
315
314.75
500
499.6
529
528
540
535
629.7
627
684.5
689.25
12.5
9.6
14.72
11.5
14.63
9.57
24.84
24.84
28.35
13.59
Selected intervals
Horiz.
Zone Name
Tickness (m)
OP05 NORD1
5.02
UG225 NORD1
2.47
UG225 NORD2
2.5
OP05 NORD2
5.81
OP05 NORD1
5.73
UG225 NORD1
2.47
OP05 NORD2
7.71
UG225 NORD2
2.49
OP05 NORD1
6.57
UG225 NORD1
2.56
OP05 NORD2
5.89
UG225 NORD2
2.47
OP05 NORD1
5.22
UG225 NORD1
2.5
OP05 NORD4
4.95
UG225 NORD4
2.48
OP05 NORD3
4.95
UG225 NORD3
3.11
OP05 NORD4
4.99
UG225 NORD4
2.47
OP05 NORD4
5
UG225 NORD4
2.5
OP05 NORD4
5.03
UG225 NORD4
1.52
OP05 NORD2
5
UG225 NORD2
2.53
OP05 NORD1
4.98
UG225 NORD1
2.49
OP05 NORD2
5.01
UG225 NORD2
2.54
OP05 NORD1
4.99
UG225 NORD1
2.53
OP05 NORD2
4.94
UG225 NORD2
2.47
OP05 NORD1
4.94
UG225 NORD1
2.47
OP05 NORD4
4.98
UG225 NORD4
2.45
OP05 NORD3
5.14
UG225 NORD3
2.49
OP05 NORD2
4.99
UG225 NORD2
2.5
OP05 NORD2
5.01
UG225 NORD2
2.5
OP05 NORD1
4.99
UG225 NORD1
2.53
OP05 PIT
5.01
UG225 PIT
2.51
OP05 NORD2
4.99
UG225 NORD2
2.52
UG225 NORD1
2.51
OP05 NORD1
5.03
OP05 PIT
3.25
UG225 PIT
2.49
OP05 PIT
7.17
UG225 PIT
2.47
OP05 PIT
8.46
UG225 PIT
4.81
OP05 PIT
6.49
UG225 PIT
6.49
UG225 PIT
2.73
OP05 PIT
8.67
Thrue
Tickness (m)
5
2.46
2.49
5.79
5.71
2.46
7.68
2.48
6.54
2.55
5.86
2.46
5.2
2.49
4.93
2.47
4.93
3.1
4.97
2.46
4.98
2.49
5.01
1.51
4.98
2.52
4.96
2.48
4.99
2.53
4.97
2.52
4.93
2.46
4.93
2.46
4.96
2.44
5.12
2.48
4.97
2.49
4.99
2.49
4.97
2.52
4.99
2.5
4.97
2.51
2.51
5.01
3.23
2.48
7.14
2.46
8.43
4.79
6.47
6.47
2.71
8.63
Au g/t
Cu ppm
0.52
0.78
0.94
0.75
0.5
0.54
1
1.43
2.14
4.9
0.32
0.56
0.56
0.74
0.34
0.34
1.96
2.4
1.24
2.03
0.03
0.04
0.06
0.1
1.54
2.72
2.66
4.87
0.21
0.39
0
0
0.24
0.14
0
0
0.37
0.51
1.75
3.17
2.56
3.84
0.78
0.85
0.49
0.87
0.01
0.01
0.01
0
0
0
0.27
0.27
6.67
18.18
4.41
7
10.16
10.16
1.5
3.51
212
300
------------------3914
3556
4605
--------------------342
414
452
730
675
1183
0
0
1162
580
53
74
3364
4818
964
1413
288
436
301
261
216
357
90
94
6
0
27
14
---------------------
Au Eqiv.
(g/t)
0.56
0.82
0.94
0.75
0.5
0.54
1.69
1.51
2.14
4.9
0.5
1.17
1.11
1.46
0.34
0.34
1.96
2.4
1.24
2.03
0.03
0.04
0.06
0.1
1.6
2.78
2.73
4.98
0.31
0.57
0
0
0.42
0.23
0.01
0.02
0.9
1.26
1.9
3.39
2.6
3.91
0.83
0.89
0.52
0.93
0.03
0.02
0.01
0
0.01
0
0.27
0.27
6.67
18.18
4.41
7
10.16
10.16
1.5
3.51
DDH
From (m)
To (m)
B1-106
B1-108
B1-108
B1-109
B1-109
B1-110
B1-110
B1-112
B1-112
B1-113
B1-113
B1-114
B1-114
B1-115
B1-115
B1-116
B1-116
B1-116
B1-116
B1-117
B1-117
B1-117
B1-117
B1-118
B1-118
B1-118
B1-118
B1-119
B1-119
B1-119
B1-119
B1-120
B1-120
B1-121
B1-121
B1-51
B1-51
B1-52
B1-52
B1-53
B1-53
B1-54
B1-54
B1-55
B1-55
B1-56
B1-56
B1-57
B1-57
B1-58
B1-58
B1-59
B1-59
B1-60
B1-60
B1-61
B1-61
B1-62
B1-62
B1-63
B1-63
B1-64
0
0
0
0
0
0
0
0
0
0
0
0
2.5
0
0
0
0
17.83
17.83
0
10.94
16.12
16.12
0
10.39
19.63
19.63
0
17.59
19
19
6.19
9.7
0.91
14.63
0
12.65
0
16.92
0
0.91
0
0
0
0
3.2
25.91
0
8.99
0
0
1.28
1.28
4.33
12
1.68
1.68
0
0
0
0
15.39
10.45
29.66
29.66
16.86
16.86
38.5
38.5
22.37
22.37
27.65
14.5
25.97
12.25
32.31
30.78
16
16
22.86
22.86
16.12
16.12
22.83
22.83
19.63
19.63
23.93
23.93
19
19
25.82
25.82
12.59
12.59
24.23
22.56
37.55
23.01
34.14
34.14
28.19
18.44
34.08
27.13
18.41
5.18
43.43
36.58
25.76
25.76
30.18
30.18
32.1
7.41
18.9
16.43
26.37
15.54
28.74
25.85
13.72
13.72
31.09
Selected intervals
Horiz.
Zone Name
Tickness (m)
UG225 PIT
6.66
OP05 PIT
11.86
UG225 PIT
11.86
OP05 PIT
7.02
UG225 PIT
7.02
OP05 PIT
2.49
UG225 PIT
2.49
OP05 PIT
8.26
UG225 PIT
8.26
OP05 PIT
4.76
UG225 PIT
2.5
OP05 PIT
6.78
UG225 PIT
2.55
OP05 PIT
2.63
UG225 PIT
2.51
OP05 PIT
6.14
UG225 PIT
6.14
OP05 NORD2
1.93
UG225 NORD2
1.93
OP05 PIT
7.56
UG225 PIT
2.43
OP05 NORD2
3.15
UG225 NORD2
3.15
OP05 PIT
11.24
UG225 PIT
5.29
OP05 NORD2
2.46
UG225 NORD2
2.46
OP05 PIT
9.73
UG225 PIT
0.72
OP05 NORD2
3.49
UG225 NORD2
3.49
OP05 NORD1
5.53
UG225 NORD1
2.5
OP05 NORD1
8.77
UG225 NORD1
2.98
OP05 PIT
14.11
UG225 PIT
3.89
OP05 PIT
7.13
UG225 PIT
3.59
OP05 PIT
5.88
UG225 PIT
3.66
OP05 PIT
18.63
UG225 PIT
14.83
OP05 PIT
1.61
UG225 PIT
0.45
OP05 PIT
30.94
UG225 PIT
8.2
OP05 PIT
2.25
UG225 PIT
1.47
OP05 PIT
2.64
UG225 PIT
2.64
OP05 PIT
23.69
UG225 PIT
4.71
OP05 PIT
8.39
UG225 PIT
2.55
OP05 PIT
2.16
UG225 PIT
1.21
OP05 PIT
7.46
UG225 PIT
6.71
OP05 PIT
11.92
UG225 PIT
11.92
OP05 PIT
0
Thrue
Tickness (m)
6.64
11.81
11.81
6.99
6.99
2.48
2.48
8.23
8.23
4.75
2.49
6.75
2.54
2.62
2.5
6.12
6.12
1.92
1.92
7.53
2.42
3.13
3.13
11.2
5.27
2.45
2.45
9.69
0.72
3.48
3.48
5.51
2.49
8.73
2.97
14.06
3.88
7.1
3.58
5.86
3.64
18.56
14.77
1.6
0.45
30.82
8.17
2.25
1.46
2.63
2.63
23.6
4.69
8.36
2.54
2.15
1.21
7.43
6.68
11.88
11.88
0
Au g/t
Cu ppm
4.07
4.51
4.51
7.73
7.73
2.01
2.01
8.41
8.41
1.16
1.68
1.35
1.54
1.51
1.57
3.45
3.45
1.64
1.64
12.56
32.92
3.77
3.77
2.36
2.95
1.71
1.71
1.89
4.11
4.11
4.11
0.3
0.29
1.57
2.6
2.65
5.95
3.12
4.69
7.72
11.32
9.56
11.59
3.43
8.95
2.66
7.7
7.45
10.83
13.71
13.71
1.77
3.91
1.05
1.28
3.7
5.53
5.85
6.38
11.25
11.25
8.42
-----------------------------------------------------------------------------------------------------------------------------
Au Eqiv.
(g/t)
4.07
4.51
4.51
7.73
7.73
2.01
2.01
8.41
8.41
1.16
1.68
1.35
1.54
1.51
1.57
3.45
3.45
1.64
1.64
12.56
32.92
3.77
3.77
2.36
2.95
1.71
1.71
1.89
4.11
4.11
4.11
0.3
0.29
1.57
2.6
2.65
5.95
3.12
4.69
7.72
11.32
9.56
11.59
3.43
8.95
2.66
7.7
7.45
10.83
13.71
13.71
1.77
3.91
1.05
1.28
3.7
5.53
5.85
6.38
11.25
11.25
8.42
DDH
From (m)
To (m)
B1-64
B1-65
B1-65
B1-66
B1-66
B1-67
B1-67
B1-68
B1-68
B1-69
B1-69
B1-70
B1-70
B1-71
B1-71
B1-71A
B1-71A
B1-72
B1-72
B1-73
B1-73
B1-74
B1-74
B1-74
B1-75
B1-75
B1-76
B1-76
B1-77
B1-77
B1-77
B1-77
B1-78
B1-78
B1-79
B1-79
B1-80
B1-80
B1-81
B1-81
B1-83
B1-83
B1-84
B1-84
B1-85
B1-85
B1-86
B1-86
B1-87
B1-87
B1-88
B1-88
B1-89
B1-89
B1-90
B1-90
B1-91
B1-91
B1-92
B1-92
B1-94
B1-94
18.41
0
0
18.01
20.48
0.85
0.85
0
9
0
1.55
0
18.5
1.68
12.28
0
2.87
0
0
0
0
0
0
24.26
6.13
12.22
0
0
0
2
27.34
27.34
0
3.32
0
21
0
0.76
0
0
2.93
5.4
0
0.91
0
5.94
0
0
0
0
0
0
0
0
0
0
2.56
6.19
1.65
13.96
5.27
9.5
31.09
15.64
15.64
38.98
38.98
21
21
23.07
23.07
41.12
13.87
28.29
26.7
19.99
19.99
9.33
7.53
24.02
24.02
30.3
30.3
30.36
4.42
30.36
40.9
27.52
19.81
6.13
18.29
9.3
34.2
34.2
30.57
27.46
36.15
30.24
39.53
39.53
18.41
9.91
13.4
10.55
13.35
7.53
15.24
15.24
8.6
4.27
28.93
9.5
23.32
23.32
29.08
29.08
8.5
8.5
20.79
18.99
30.63
20.36
31.09
15.18
Selected intervals
Horiz.
Zone Name
Tickness (m)
UG225 PIT
0
OP05 PIT
12.02
UG225 PIT
12.02
OP05 PIT
5.45
UG225 PIT
4.81
OP05 PIT
1.76
UG225 PIT
1.76
OP05 PIT
4.02
UG225 PIT
2.45
OP05 PIT
8.78
UG225 PIT
2.63
OP05 PIT
8.72
UG225 PIT
2.53
OP05 PIT
13.3
UG225 PIT
5.6
OP05 PIT
6.83
UG225 PIT
3.41
OP05 PIT
2.1
UG225 PIT
2.1
OP05 PIT
16.24
UG225 PIT
16.24
OP05 PIT
17.48
UG225 PIT
2.54
UG225 NORD2
3.51
OP05 PIT
5.61
UG225 PIT
2.47
OP05 PIT
10.23
UG225 PIT
3.17
OP05 PIT
6.28
UG225 PIT
2.51
OP05 NORD2
2.36
UG225 NORD2
2.36
OP05 PIT
3.2
UG225 PIT
2.53
OP05 PIT
9.63
UG225 PIT
2.46
OP05 PIT
17.55
UG225 PIT
17.21
OP05 PIT
8.56
UG225 PIT
4.61
OP05 PIT
5.03
UG225 PIT
2.47
OP05 PIT
7.61
UG225 PIT
3.77
OP05 PIT
1.33
UG225 PIT
0.81
OP05 PIT
4.97
UG225 PIT
2.47
OP05 PIT
7.61
UG225 PIT
2.5
OP05 PIT
16.65
UG225 PIT
16.65
OP05 PIT
12.27
UG225 PIT
12.27
OP05 PIT
6.59
UG225 PIT
6.59
OP05 PIT
1.59
UG225 PIT
1.12
OP05 PIT
14.32
UG225 PIT
3.16
OP05 PIT
11.27
UG225 PIT
2.48
Thrue
Tickness (m)
0
11.98
11.98
5.43
4.79
1.76
1.76
4.01
2.44
8.75
2.62
8.69
2.52
13.25
5.58
6.81
3.4
2.09
2.09
16.18
16.18
17.41
2.53
3.5
5.59
2.46
10.19
3.15
6.26
2.5
2.35
2.35
3.19
2.52
9.59
2.45
17.48
17.15
8.52
4.59
5.01
2.46
7.58
3.76
1.33
0.81
4.95
2.46
7.58
2.49
16.58
16.58
12.23
12.23
6.56
6.56
1.59
1.12
14.26
3.15
11.23
2.47
Au g/t
Cu ppm
10.26
6.81
6.81
5.03
5.55
1.41
1.41
0.88
0.92
1.9
2.53
2.7
6.99
3.74
7.31
2.25
2.74
1.23
1.23
20.04
20.04
1.94
3.28
4.91
5.45
10.63
2.04
3.6
2.74
5.03
1.89
1.89
4.53
5.49
2.89
5.99
14.58
14.87
3.34
4.82
2.62
5.02
4.02
7.15
15.32
24.25
1.26
2.02
3
7.29
5.5
5.5
14.57
14.57
11
11
3.61
4.87
1.98
3.48
1.54
2.88
-----------------------------------------------------------------------------------------------------------------------------
Au Eqiv.
(g/t)
10.26
6.81
6.81
5.03
5.55
1.41
1.41
0.88
0.92
1.9
2.53
2.7
6.99
3.74
7.31
2.25
2.74
1.23
1.23
20.04
20.04
1.94
3.28
4.91
5.45
10.63
2.04
3.6
2.74
5.03
1.89
1.89
4.53
5.49
2.89
5.99
14.58
14.87
3.34
4.82
2.62
5.02
4.02
7.15
15.32
24.25
1.26
2.02
3
7.29
5.5
5.5
14.57
14.57
11
11
3.61
4.87
1.98
3.48
1.54
2.88
DDH
From (m)
To (m)
B1-96
B1-96
B1-97
B1-97
B1-98
B1-98
B1-99
B1-99
B2-48
B2-48
B2-50
B2-50
B2-51
B2-51
B2-52
B2-52
B2-53
B2-53
B2-55
B2-55
B2-56
B2-56
B2-57
B2-57
B2-58
B2-58
B2-59
B2-59
B2-60
B2-61
B2-61
B2-62
B2-62
B2-63
B2-63
B2-65
B2-65
B2-66
B2-66
B2-67
B2-67
B2-69
B2-69
B2-70
B2-70
B2-71
B2-71
B2-73
B2-73
B2-73
B2-73
B2-73
B2-73
B2-74
B2-74
B2-75
B2-75
B2-75
B2-75
B2-76
B2-76
B2-77
0
5.03
0
13.11
0
0
0.7
0.7
3.05
16.92
9.14
26
2.74
8.84
7.32
17.98
0
6.1
3.05
15.85
0
21.34
13.78
13.78
13.78
18.35
10.61
13
25.85
6.55
12.65
10.82
18
9.17
10.76
10.52
19.2
6.07
10.55
28.29
31.09
24.44
30.48
4.72
9.75
18.44
20.57
19.29
20.82
41.24
46
68.73
73
2.74
38.8
0.46
0.46
27.89
40.9
7.71
12.89
9.14
22.83
11.25
21.4
19.84
24.08
24.08
18.2
9.42
28.04
28.04
38.56
29.9
19.42
17.98
28.65
28.65
23.07
11.28
34.5
25.91
25.45
25.45
22.92
22.92
23.56
23.56
19.72
17
41.03
23.32
18.75
30.3
26
37.03
16.82
22.77
22.77
22.62
15.21
45.87
42.89
34.17
34.17
31.39
19.96
24.23
22.71
38.19
27.74
57.06
50
77.91
77
77.57
52.43
22.37
6.5
46.6
46.9
25.85
16
41.09
Selected intervals
Horiz.
Zone Name
Tickness (m)
OP05 PIT
19.43
UG225 PIT
5.29
OP05 PIT
12.94
UG225 PIT
4.07
OP05 PIT
15.59
UG225 PIT
15.59
OP05 PIT
0.52
UG225 PIT
0.26
OP05 PIT
21.72
UG225 PIT
9.66
OP05 PIT
18.98
UG225 PIT
2.52
OP05 PIT
14.5
UG225 PIT
7.94
OP05 PIT
12.28
UG225 PIT
6.14
OP05 PIT
16.37
UG225 PIT
3.68
OP05 PIT
14.33
UG225 PIT
4.58
OP05 PIT
0.89
UG225 PIT
0.14
OP05 PIT
0.48
UG225 PIT
0.48
OP05 PIT
2.87
UG225 PIT
1.53
OP05 PIT
5.87
UG225 PIT
2.58
OP05 PIT
4.45
OP05 PIT
9.65
UG225 PIT
3.51
OP05 PIT
4.4
UG225 PIT
1.81
OP05 PIT
17.96
UG225 PIT
3.91
OP05 PIT
8.69
UG225 PIT
2.53
OP05 PIT
10.68
UG225 PIT
3.01
OP05 PIT
11.34
UG225 PIT
7.61
OP05 PIT
8.62
UG225 PIT
3.27
OP05 PIT
23.18
UG225 PIT
8.88
OP05 PIT
3.33
UG225 PIT
1.23
OP05 PIT
12.19
UG225 PIT
4.46
OP05 NORD2
10.2
UG225 NORD2
2.58
OP05 NORD1
5.92
UG225 NORD1
2.58
OP05 PIT
25.68
UG225 PIT
4.68
OP05 NORD2
9.29
UG225 NORD2
2.56
OP05 NORD1
7.93
UG225 NORD1
2.54
OP05 PIT
14.88
UG225 PIT
2.55
OP05 PIT
8.14
Thrue
Tickness (m)
19.36
5.27
12.89
4.05
15.53
15.53
0.52
0.26
21.64
9.63
18.91
2.51
14.44
7.91
12.23
6.12
16.31
3.66
14.27
4.57
0.89
0.14
0.48
0.48
2.86
1.52
5.85
2.57
4.44
9.62
3.5
4.38
1.8
17.89
3.89
8.66
2.52
10.64
3
11.3
7.58
8.59
3.26
23.1
8.84
3.32
1.23
12.14
4.45
10.16
2.57
5.9
2.57
25.58
4.66
9.26
2.55
7.9
2.53
14.82
2.54
8.1
Au g/t
Cu ppm
3.48
7.74
2.69
5.44
8.55
8.55
3.4
5.75
3.23
4.74
2.21
10.38
3.06
4.52
4.24
7.73
2.7
6.92
2
4.45
0.79
1.65
0.86
0.86
4.76
8.24
0.8
0.95
0.57
3.29
5.66
1.59
1.95
1.86
3.12
1.18
3.02
1.49
3.29
2.61
3.42
0.91
1.71
2.4
4.39
3.42
7.54
2.79
5.44
0.64
0.81
0.66
1.18
0.77
1.95
0.97
1.21
1.62
2.05
0.85
1.16
1.09
-----------------------------------------------------------------------------------------------------------------------------
Au Eqiv.
(g/t)
3.48
7.74
2.69
5.44
8.55
8.55
3.4
5.75
3.23
4.74
2.21
10.38
3.06
4.52
4.24
7.73
2.7
6.92
2
4.45
0.79
1.65
0.86
0.86
4.76
8.24
0.8
0.95
0.57
3.29
5.66
1.59
1.95
1.86
3.12
1.18
3.02
1.49
3.29
2.61
3.42
0.91
1.71
2.4
4.39
3.42
7.54
2.79
5.44
0.64
0.81
0.66
1.18
0.77
1.95
0.97
1.21
1.62
2.05
0.85
1.16
1.09
DDH
From (m)
To (m)
B2-77
B2-77
B2-77
B2-78
B2-78
B2-78
B2-78
B2-78
B2-78
B2-79
B2-79
B2-79
B2-79
B2-80
B2-81
B2-81
B2-81
B2-81
B2-81
B2-81
B2-82
B2-82
B2-82
B2-82
B2-82
B2-82
B2-84
B2-84
B2-84
B2-84
B2-85
B2-85
B2-85
B2-85
B2-86
B2-86
B2-86
B2-86
B2-88
B2-88
B2-88
B2-88
B2-89
F-1
F-1
F-1
F-1
F-10
F-10
F-10
F-10
F-11
F-11
F-11
F-11
F-11
F-11
F-2
F-2
F-2
F-2
F-2
23.5
48.71
48.71
10.36
11.58
24.08
27.43
44.35
57.61
0
18
58.49
58.49
14.39
0
4.7
17.28
17.28
26.73
27.8
0
9.6
13.87
13.87
24.23
37.4
2.44
4
18.2
30.33
38.86
48.19
74.71
74.71
2.19
35
68.52
69.77
0
3.1
54.5
54.5
0.79
2.74
8
19.57
54.62
13.81
28.65
38.4
59.74
4.27
4.27
27.3
27.3
36.73
61.87
4.27
4.27
22.4
29.3
36.48
33.5
71.23
63.64
24.08
20.88
32.92
31.09
65.23
60.66
34.99
23.5
70.29
64
48.77
14.69
10.2
22.46
22.46
46.76
33.3
12.65
12.2
20.12
16.4
75.47
39.99
9.69
7.3
47.34
33.6
69.52
62.54
81.2
81.2
46.33
40
78.67
75.77
14.66
10.5
72.8
62
118.8
11.89
11.89
89.61
64.07
35.36
33.83
82.3
70.41
8.53
8.53
36.73
36.73
73.46
71.02
7.07
7.07
36.88
33.07
69.8
Selected intervals
Horiz.
Zone Name
Tickness (m)
UG225 PIT
2.55
OP05 NORD2
5.73
UG225 NORD2
3.8
OP05 PIT
12.04
UG225 PIT
8.16
OP05 NORD2
7.76
UG225 NORD2
3.21
OP05 NORD1
18.33
UG225 NORD1
2.68
OP05 PIT
15.83
UG225 PIT
2.49
OP05 NORD2
5.34
UG225 NORD2
2.49
OP05 PIT
3.01
OP05 PIT
13.36
UG225 PIT
5
OP05 NORD2
4.71
UG225 NORD2
4.71
OP05 NORD1
18.21
UG225 NORD1
5
OP05 PIT
12.27
UG225 PIT
2.52
OP05 NORD2
6.06
UG225 NORD2
2.45
OP05 NORD1
49.71
UG225 NORD1
2.51
OP05 NORD2
5.55
UG225 NORD2
2.53
OP05 NORD1
22.3
UG225 NORD1
2.5
OP05 PIT
9.62
UG225 PIT
4.5
OP05 NORD2
2.04
UG225 NORD2
2.04
OP05 NORD2
7.54
UG225 NORD2
0.85
OP05 NORD1
1.73
UG225 NORD1
1.02
OP05 NORD2
4.96
UG225 NORD2
2.5
OP05 NORD1
6.19
UG225 NORD1
2.54
OP05 NORD2
17.53
OP05 NORD2
5.75
UG225 NORD2
2.44
OP05 PIT
44
UG225 PIT
5.94
OP05 NORD2
13.89
UG225 NORD2
3.34
OP05 PIT
28.29
UG225 PIT
6.88
OP05 NORD1
2.75
UG225 NORD1
2.75
OP05 NORD2
6.08
UG225 NORD2
6.08
OP05 PIT
23.69
UG225 PIT
5.9
OP05 NORD1
1.86
UG225 NORD1
1.86
OP05 NORD2
9.61
UG225 NORD2
2.5
OP05 PIT
22.11
Thrue
Tickness (m)
2.54
5.71
3.79
12
8.13
7.73
3.2
18.26
2.67
15.77
2.48
5.32
2.48
3
13.31
4.98
4.69
4.69
18.14
4.98
12.22
2.51
6.04
2.44
49.52
2.5
5.53
2.52
22.21
2.49
9.59
4.49
2.03
2.03
7.51
0.85
1.73
1.02
4.94
2.49
6.17
2.53
17.47
5.73
2.43
43.83
5.91
13.83
3.33
28.18
6.85
2.74
2.74
6.06
6.06
23.6
5.88
1.85
1.85
9.57
2.49
22.03
Au g/t
Cu ppm
1.32
1.49
2.06
2.51
3.43
1.17
2.06
0.81
1.71
1.01
1.18
0.87
1.34
0.55
1.77
2.85
0.67
0.67
2.29
6.35
0.62
1.43
1.01
1.04
0.7
2.12
1.58
2.35
1.34
3.08
1.72
2.81
2.89
2.89
0.84
1.03
6.32
10.13
1.18
1.48
1.27
1.93
1.03
1.08
1.85
2.02
9.27
3.02
8.38
1.6
3.86
4.49
4.49
8.43
8.43
3.54
10.41
5.15
5.15
2.58
6.09
8.25
--------------------------------------------------------------------------------------------5753
--------------------3459
3459
-------
Au Eqiv.
(g/t)
1.32
1.49
2.06
2.51
3.43
1.17
2.06
0.81
1.71
1.01
1.18
0.87
1.34
0.55
1.77
2.85
0.67
0.67
2.29
6.35
0.62
1.43
1.01
1.04
0.7
2.12
1.58
2.35
1.34
3.08
1.72
2.81
2.89
2.89
0.84
1.03
6.32
10.13
1.18
1.48
1.27
1.93
1.03
1.08
1.85
2.22
10.17
3.04
8.38
1.6
3.86
4.49
4.49
8.43
8.43
3.54
10.41
5.69
5.69
2.58
6.09
8.26
DDH
From (m)
To (m)
F-2
F-3
F-3
F-6
F-6
F-6
F-6
F-6
F-6
F-7
F-7
F-7
F-7
F-7
F-7
F-8
F-8
F-9
F-9
F-9
F-9
F-9
F-9
H-1
H-1
H-1
H-1
H-10
H-10
H-10
H-10
H-11
H-11
H-14
H-14
H-17
H-17
H-22
H-22
H-22
H-22
H-23
H-23
H-24
H-24
H-24
H-27
H-27
H-28
H-28
H-28
H-28
H-3
H-3
H-32
H-32
H-33
H-33
H-34
H-34
H-34
H-34
54.56
19.42
23.4
14.3
17.3
44.6
48.5
61.42
63.5
4.57
5
33
33
49.38
57.7
8.53
13.11
16.15
16.15
36.58
46.5
65.53
80.77
1.52
22.86
48.7
50
13.4
15.5
35.05
54
33.83
56
5
29
3.5
31.5
5.5
18.8
94
106
35.5
35.5
26
43.3
111.7
26
26
18
36.5
59.8
59.8
7.26
19.51
7.5
26.5
26.5
28
89
99.5
139
143.5
69.8
30.33
27.28
22
21.2
52.27
52.27
69.2
67.4
12.4
8.9
40.8
36.9
84.12
61.57
19.51
17.68
17.68
17.68
64.01
50.29
87.93
84.6
27.43
25.91
54.5
52.9
20
18.7
57.25
57.25
97.54
72
45.5
45
69.7
60
74
34.3
120
119
122.5
64
65.5
62.5
121.7
65.8
50.5
52
40
64.1
64.1
22.49
22.25
54.9
36.5
64.5
48
131.5
111.7
146.5
146.5
Selected intervals
Horiz.
Zone Name
Tickness (m)
UG225 PIT
10.11
OP05 NORD2
7.04
UG225 NORD2
2.5
OP05 NORD1
4.97
UG225 NORD1
2.52
OP05 NORD2
4.95
UG225 NORD2
2.43
OP05 PIT
5.02
UG225 PIT
2.52
OP05 NORD1
5.05
UG225 NORD1
2.52
OP05 NORD2
5.03
UG225 NORD2
2.52
OP05 PIT
22.4
UG225 PIT
2.5
OP05 NORD1
8.42
UG225 NORD1
3.5
UG225 NORD1
0.99
OP05 NORD1
0.99
OP05 NORD2
17.7
UG225 NORD2
2.45
OP05 PIT
14.45
UG225 PIT
2.47
OP05 PIT
22.52
UG225 PIT
2.65
OP05 NORD2
5.04
UG225 NORD2
2.52
OP05 NORD2
5.05
UG225 NORD2
2.45
OP05 PIT
16.98
UG225 PIT
2.49
OP05 PIT
10
UG225 PIT
2.51
OP05 PIT
6.36
UG225 PIT
2.51
OP05 PIT
5.79
UG225 PIT
2.49
OP05 PIT
12.33
UG225 PIT
2.76
OP05 NORD2
4.93
UG225 NORD2
2.47
OP05 PIT
7.61
UG225 PIT
2.49
OP05 PIT
5.52
UG225 PIT
2.68
OP05 NORD2
1.4
OP05 PIT
29.13
UG225 PIT
17.93
OP05 PIT
26.12
UG225 PIT
2.69
OP05 NORD2
3.3
UG225 NORD2
3.3
OP05 PIT
13.19
UG225 PIT
2.37
OP05 PIT
34.42
UG225 PIT
7.26
OP05 PIT
29.21
UG225 PIT
15.37
OP05 PIT
30.62
UG225 PIT
8.7
OP05 NORD2
5.69
UG225 NORD2
2.28
Thrue
Tickness (m)
10.07
7.01
2.49
4.95
2.51
4.93
2.42
5
2.51
5.03
2.51
5.01
2.51
22.32
2.49
8.38
3.49
0.98
0.98
17.63
2.44
14.4
2.46
22.44
2.64
5.02
2.51
5.03
2.44
16.91
2.48
9.97
2.5
6.34
2.5
5.77
2.48
12.28
2.75
4.91
2.46
7.58
2.48
5.5
2.67
1.39
29.02
17.86
26.02
2.68
3.29
3.29
13.14
2.36
34.29
7.23
29.1
15.31
30.5
8.66
5.67
2.27
Au g/t
Cu ppm
16.86
1.73
3.44
0
0
0.48
0.62
0.53
0.72
0
0
0.27
0.26
1.22
1.91
2.3
3.43
0.68
0.68
1.05
2.33
1.07
2.53
2.21
8.55
0
0
0
0
0.92
1.15
0.42
0.55
1.82
3.22
1.8
2.51
1.8
4.41
0.22
0.45
1.98
3.36
1.8
3.65
0
5.2
6.85
1.72
4.7
1.28
1.28
0.12
0.68
2.08
6.5
8.62
13.63
2.32
4.38
0.2
0.26
------0
0
--1136
----0
0
--------------------------3248
0
0
0
0
----------------------------------------------210
1166
-----------------
Au Eqiv.
(g/t)
16.86
1.76
3.51
0
0
0.6
0.8
0.53
0.72
0
0
0.34
0.33
1.22
1.91
2.42
3.43
0.68
0.68
1.05
2.33
1.07
2.53
2.65
9.06
0
0
0
0
0.92
1.15
0.42
0.55
1.82
3.22
1.8
2.51
1.8
4.41
0.22
0.45
1.98
3.36
1.8
3.65
0
5.2
6.85
1.72
4.7
1.28
1.28
0.16
0.87
2.08
6.5
8.62
13.63
2.32
4.38
0.2
0.26
DDH
From (m)
To (m)
H-34
H-34
H-35
H-35
H-35
H-35
H-36
H-36
H-36
H-36
H-37
H-37
H-37
H-37
H-38
H-38
H-38
H-38
H-38
H-38
H-39
H-39
H-39
H-39
H-40
H-40
H-40
H-40
H-40
H-40
H-44
H-44
H-44
H-44
H-45
H-45
H-45
H-45
H-46
H-46
H-46
H-46
H-47
H-47
H-48
H-48
H-48
H-49
H-49
H-5
H-51
H-51
H-51
H-51
H-52
H-52
H-53
H-56
H-56
H-56
H-56
H-56
164
164
35.4
47.2
52
54
112
136
149.75
151
98
107.3
145.5
150
88.8
102.3
125.5
128.5
158.8
158.8
31
32.5
56.5
56.5
44.8
46.6
76
92.5
120.5
124.8
113.5
116.1
157.82
158
60
61.5
92.5
92.5
166.2
169.8
184.3
187.9
9.91
9.91
5.5
24.5
26.4
30.48
33
7.2
58.1
89.76
130.76
149.8
73.46
73.46
147.86
182
182
200.56
200.56
231
171.5
167
52
50.5
66.4
58.3
143.6
142.1
162.1
154.8
136.2
111.5
153.86
153.86
111
106
142.5
135
173
162.5
38.4
36.2
63.7
60.1
55.8
55.8
109
96.1
146.8
135.3
137.8
120.75
167
162.6
67.5
65.3
100
96.3
173.4
173.4
191.5
191.5
67
38.5
7.07
30.9
29.6
36.8
35.5
42.67
64.5
96
136.8
155.9
79.5
76.5
151.14
187.6
192.94
206.2
211.6
242.32
Selected intervals
Horiz.
Zone Name
Tickness (m)
OP05 NORD1
5.83
UG225 NORD1
2.33
OP05 PIT
12.75
UG225 PIT
2.53
OP05 NORD2
11.06
UG225 NORD2
3.3
OP05 PIT
20.64
UG225 PIT
4.01
OP05 NORD2
8.12
UG225 NORD2
2.5
OP05 PIT
22.47
UG225 PIT
2.47
OP05 NORD2
4.92
UG225 NORD2
2.27
OP05 PIT
15.18
UG225 PIT
2.53
OP05 NORD2
11.7
UG225 NORD2
4.47
OP05 NORD1
9.8
UG225 NORD1
2.55
OP05 NORD1
5
UG225 NORD1
2.5
OP05 NORD2
4.97
UG225 NORD2
2.48
OP05 NORD1
7.35
UG225 NORD1
6.15
OP05 NORD2
22.99
UG225 NORD2
2.51
OP05 PIT
18.62
UG225 PIT
7.44
OP05 PIT
13.04
UG225 PIT
2.5
OP05 NORD2
4.93
UG225 NORD2
2.47
OP05 NORD1
4.93
UG225 NORD1
2.5
OP05 NORD2
4.93
UG225 NORD2
2.5
OP05 NORD1
5.02
UG225 NORD1
2.51
OP05 NORD2
5.02
UG225 NORD2
2.51
OP05 NORD1
4.99
UG225 NORD1
2.5
OP05 NORD2
1.21
OP05 NORD1
5.01
UG225 NORD1
2.51
OP05 NORD1
5
UG225 NORD1
1.98
OP05 PIT
25.14
OP05 NORD4
5.04
OP05 NORD3
4.99
OP05 NORD2
4.92
OP05 NORD1
5.01
OP05 NORD4
5.04
UG225 NORD4
2.53
OP05 NORD4
2.71
UG225 PIT
2.54
OP05 PIT
4.96
UG225 NORD2
2.53
OP05 NORD2
4.95
OP05 NORD1
4.98
Thrue
Tickness (m)
5.81
2.32
12.7
2.53
11.02
3.29
20.56
3.99
8.09
2.49
22.38
2.46
4.9
2.26
15.12
2.52
11.66
4.45
9.76
2.54
4.98
2.49
4.95
2.47
7.32
6.12
22.9
2.5
18.55
7.41
12.99
2.49
4.91
2.46
4.91
2.49
4.91
2.49
5
2.5
5
2.5
4.98
2.49
1.2
4.99
2.5
4.98
1.97
25.05
5.03
4.97
4.91
4.99
5.02
2.52
2.7
2.53
4.94
2.52
4.93
4.96
Au g/t
Cu ppm
0.55
1.38
0.42
0.66
2.76
6.79
2.7
7.42
1.38
2.05
0.55
1.74
0.58
0.71
1.14
3.97
2.69
5.45
5.16
18.71
0.97
1.95
0.71
1.42
4.12
4.52
0.83
2.34
2.11
4.35
0.53
2.17
0
0
0.82
1.62
2.23
4.4
0.96
1.8
0.79
1.57
0.2
0.24
0
0.15
0.29
1.02
1.89
0.64
0.39
0.6
0.14
0.12
0.28
0.25
0
0.79
0.77
1.94
1.11
0.19
----------------------------------------------------------------0
0
--------------------0
--------807
1625
1338
514
--1640
2485
-------------
Au Eqiv.
(g/t)
0.55
1.38
0.42
0.66
2.76
6.79
2.7
7.42
1.38
2.05
0.55
1.74
0.58
0.71
1.14
3.97
2.69
5.45
5.16
18.71
0.97
1.95
0.71
1.42
4.12
4.52
0.83
2.34
2.11
4.35
0.53
2.17
0
0
0.82
1.62
2.23
4.4
0.96
1.8
0.79
1.57
0.2
0.24
0
0.15
0.29
1.02
1.89
0.76
0.64
0.81
0.23
0.12
0.54
0.64
0
0.79
0.77
1.94
1.11
0.19
DDH
From (m)
To (m)
H-56
H-57
H-57
H-61
H-61
H-61
H-61
H-62
H-62
H-62
H-62
H-62
H-62
H-62
H-62
H-69
H-69
H-69
H-69
H-7
H-7
H-70
H-70
H-70
H-70
H-70
H-70
H-8
H-8
H-9
H-9
IAX-09-52
IAX-09-52
IAX-09-52
IAX-09-52
IAX-09-53
IAX-09-53
IAX-09-53
IAX-09-53
IAX-09-54
IAX-09-54
IAX-09-54
IAX-09-54
IAX-09-58
IAX-09-58
IAX-09-58
IAX-09-58
IAX-09-58
IAX-09-58
IAX-09-59
IAX-09-59
IAX-09-59
IAX-09-59
IAX-09-59
IAX-09-59
IAX-09-60
IAX-09-60
IAX-09-60
IAX-09-60
IAX-09-60
IAX-09-60
IAX-09-60
234.3
212
215.8
22
22
53
55.11
83.9
87.3
107.26
107.8
149.2
159.4
178
178.5
21.34
21.34
108.2
108.2
27.74
27.74
98.33
99.27
115.5
118.05
139
140
55
59.7
41.2
42.1
183.6
185.6
203.55
203.55
253.2
257
309.4
311.5
343.15
348.7
405.5
410.2
10.3
12.2
26.4
28
65.2
69.1
12.6
15.5
45.85
45.85
75.3
103.2
16.65
21.8
51.9
53.4
70
73
90
240
226.2
223
28.2
24.1
59
58.16
90.5
90.5
115.64
110.95
162.46
162.4
184.1
181.51
42.12
23.47
138.68
111.25
31.3
34.8
104.5
102.32
121.5
121.1
145
143
64.52
64.52
48.8
45.9
191.5
189.5
211.5
207.5
260.9
260.9
318.55
315.9
353.3
353.3
414.8
414.8
17.92
16
34
31.8
72.9
72.9
20.3
19.3
57.5
49.7
107
107
25.3
25
58.4
56.7
76.5
76.3
96.5
Selected intervals
Horiz.
Zone Name
Tickness (m)
UG225 NORD1
2.5
OP05 NORD2
4.99
UG225 NORD2
2.53
OP05 NORD2
4.86
UG225 NORD2
1.64
OP05 NORD1
4.95
UG225 NORD1
2.52
OP05 NORD4
5.06
UG225 NORD4
2.46
OP05 NORD3
6.69
UG225 NORD3
2.51
OP05 NORD2
10.86
UG225 NORD2
2.46
OP05 NORD1
5.03
UG225 NORD1
2.48
OP05 NORD4
1.82
UG225 NORD4
0.19
OP05 NORD3
2.67
UG225 NORD3
0.27
UG225 NORD2
2.52
OP05 NORD2
4.99
OP05 NORD3
5.01
UG225 NORD3
2.48
OP05 NORD2
4.95
UG225 NORD2
2.52
OP05 NORD1
4.96
UG225 NORD1
2.48
OP05 NORD2
4.94
UG225 NORD2
2.5
OP05 NORD2
5
UG225 NORD2
2.5
OP05 NORD1
4.98
UG225 NORD1
2.46
OP05 NORD2
5.04
UG225 NORD2
2.5
OP05 NORD2
5
UG225 NORD2
2.54
OP05 NORD1
6.12
UG225 NORD1
2.94
OP05 NORD2
5.51
UG225 NORD2
2.5
OP05 NORD1
5.05
UG225 NORD1
2.5
OP05 NORD1
4.97
UG225 NORD1
2.48
OP05 NORD2
4.96
UG225 NORD2
2.48
OP05 PIT
5.04
UG225 PIT
2.49
OP05 NORD1
5.01
UG225 NORD1
2.47
OP05 NORD2
7.58
UG225 NORD2
2.5
OP05 PIT
20.84
UG225 PIT
2.51
OP05 NORD4
6.63
UG225 NORD4
2.46
OP05 NORD3
5
UG225 NORD3
2.54
OP05 NORD2
5
UG225 NORD2
2.54
OP05 NORD1
5.04
Thrue
Tickness (m)
2.5
4.97
2.52
4.84
1.63
4.94
2.51
5.05
2.45
6.66
2.5
10.82
2.45
5.01
2.47
1.81
0.19
2.66
0.27
2.51
4.97
4.99
2.47
4.93
2.51
4.94
2.47
4.93
2.49
4.98
2.49
4.96
2.45
5.02
2.49
4.98
2.53
6.1
2.93
5.48
2.49
5.03
2.49
4.95
2.47
4.94
2.47
5.02
2.48
4.99
2.46
7.55
2.49
20.76
2.5
6.61
2.45
4.98
2.53
4.99
2.53
5.02
Au g/t
Cu ppm
0.08
0.54
0.9
0
0
0.54
0.85
0.25
0.33
1.61
3.11
0.68
1.71
0
0.01
0.77
3.25
0.66
2.74
0.2
0.1
1.66
2.74
0.69
1.03
0.56
0.84
0.65
0.77
0.78
1.38
0.11
0.1
0.67
1.23
0.36
0.51
4.63
8.57
2.18
3.71
0.37
0.69
0.05
0.04
0.12
0.15
0.6
0.76
0.78
1.35
1.01
1.75
0.4
0.86
0.65
1.01
2.31
3.88
0.12
0.14
0.25
------0
0
----------------------------447
225
------------1263
1217
--4393
55
51
118
127
209
306
2298
1525
514
956
64
58
111
110
54
72
522
984
190
236
124
193
535
1026
883
262
2920
3959
447
476
1106
Au Eqiv.
(g/t)
0.08
0.54
0.9
0
0
0.54
0.85
0.25
0.33
1.88
3.73
1
3.06
0
0.01
0.94
3.25
0.74
2.74
0.27
0.14
1.66
2.74
0.69
1.03
0.56
0.84
0.85
0.96
1.14
2.07
0.12
0.1
0.69
1.25
0.39
0.56
4.99
8.81
2.26
3.87
0.37
0.7
0.07
0.05
0.13
0.16
0.68
0.91
0.81
1.39
1.03
1.78
0.48
1.02
0.79
1.05
2.76
4.5
0.19
0.21
0.42
DDH
From (m)
To (m)
IAX-09-60
IAX-09-61
IAX-09-61
IAX-09-61
IAX-09-61
IAX-09-62
IAX-09-62
IAX-09-62
IAX-09-62
IAX-09-63
IAX-09-63
IAX-09-63
IAX-09-63
IAX-09-63
IAX-09-63
IAX-09-64
IAX-09-64
IAX-09-64
IAX-09-64
IAX-09-66
IAX-09-66
IAX-09-66
IAX-09-66
IAX-10-100
IAX-10-100
IAX-10-100
IAX-10-100
IAX-10-101
IAX-10-101
IAX-10-101
IAX-10-101
IAX-10-102
IAX-10-102
IAX-10-102
IAX-10-102
IAX-10-103
IAX-10-103
IAX-10-103
IAX-10-103
IAX-10-104
IAX-10-104
IAX-10-104
IAX-10-104
IAX-10-105
IAX-10-105
IAX-10-105
IAX-10-105
IAX-10-106
IAX-10-106
IAX-10-106
IAX-10-106
IAX-10-107
IAX-10-107
IAX-10-107
IAX-10-107
IAX-10-108
IAX-10-108
IAX-10-108
IAX-10-108
IAX-10-109
IAX-10-109
IAX-10-109
93
61.1
64
82
82
36
37.6
79.8
86.5
40.7
42.4
86
87.7
115.62
115.62
184
187.7
211.5
222.2
107.1
109.5
115.8
122.6
396.2
397.7
422.2
423
166.62
168
182
184
447.6
449.4
498.2
498.6
288.4
290
330.7
331.4
90.6
91
117
117
386.57
389
419.4
423.9
408.72
408.8
444.6
445.7
432.58
434
474
476.7
214
219.4
251.3
253
519.3
519.3
568.45
96.2
67.5
67.2
88.4
85.2
42.5
40.8
94.5
89.7
54
45.6
92.4
90.9
122.12
118.8
192.6
191.9
220
226.4
114.3
112.8
127.8
125.9
402.5
400.8
428.5
426.1
173.13
171.2
188.5
187.2
458.5
454.7
508.9
503.9
298
294.8
341.7
336.2
97.2
94.2
123.5
120.2
395.47
393.4
428.3
428.3
419.2
412.2
451.5
449.1
439.8
437.5
481
480.2
223.2
223.2
258.8
256.8
528.3
523.4
576.7
Selected intervals
Horiz.
Zone Name
Tickness (m)
UG225 NORD1
2.48
OP05 NORD2
5.01
UG225 NORD2
2.5
OP05 NORD1
5.02
UG225 NORD1
2.51
OP05 NORD4
5.02
UG225 NORD4
2.47
OP05 NORD3
11.36
UG225 NORD3
2.47
OP05 PIT
10.41
UG225 PIT
2.5
OP05 NORD2
5.02
UG225 NORD2
2.51
OP05 NORD1
5.11
UG225 NORD1
2.5
OP05 NORD1
5.04
UG225 NORD1
2.46
OP05 NORD2
5.02
UG225 NORD2
2.49
OP05 NORD2
5.44
UG225 NORD2
2.49
OP05 NORD1
9.07
UG225 NORD1
2.5
OP05 NORD2
5.01
UG225 NORD2
2.47
OP05 NORD1
5.02
UG225 NORD1
2.47
OP05 NORD2
5.07
UG225 NORD2
2.49
OP05 NORD1
5.06
UG225 NORD1
2.49
OP05 NORD1
5.04
UG225 NORD1
2.45
OP05 NORD2
5.04
UG225 NORD2
2.5
OP05 NORD2
5.07
UG225 NORD2
2.54
OP05 NORD1
5.82
UG225 NORD1
2.54
OP05 NORD2
5.05
UG225 NORD2
2.45
OP05 NORD1
5
UG225 NORD1
2.46
OP05 NORD2
4.98
UG225 NORD2
2.46
OP05 NORD1
5.01
UG225 NORD1
2.48
OP05 NORD2
7.75
UG225 NORD2
2.51
OP05 NORD1
5.12
UG225 NORD1
2.53
OP05 NORD1
5.03
UG225 NORD1
2.45
OP05 NORD2
4.97
UG225 NORD2
2.48
OP05 NORD1
6.08
UG225 NORD1
2.51
OP05 NORD2
5
UG225 NORD2
2.53
OP05 NORD2
5.5
UG225 NORD2
2.51
OP05 NORD1
5.04
Thrue
Tickness (m)
2.47
4.99
2.5
5
2.5
5
2.46
11.32
2.46
10.37
2.49
5
2.5
5.09
2.49
5.02
2.45
5
2.48
5.42
2.49
9.04
2.49
4.99
2.46
5
2.46
5.05
2.48
5.04
2.48
5.02
2.44
5.03
2.49
5.05
2.53
5.8
2.53
5.03
2.44
4.98
2.45
4.96
2.45
4.99
2.47
7.72
2.5
5.1
2.52
5.01
2.44
4.95
2.47
6.06
2.5
4.98
2.52
5.48
2.5
5.03
Au g/t
Cu ppm
0.16
0.53
0.87
0.63
0.82
0.11
0.13
1.49
1.48
1.82
2.6
0.4
0.45
1.05
0.99
7.83
15.97
0.18
0
1.08
1.13
1.24
1.68
0.16
0.09
0.36
0.65
0.03
0.04
0.13
0.02
0.61
1.23
0.86
1
0.13
0.07
1.18
1.9
0.32
0.37
0.78
0.88
0.39
0.66
0.43
0.79
4.93
13.97
1.02
1.43
0.39
0.73
1.36
2.32
1.01
1.26
1.13
2.18
0.78
0.89
0.31
958
2834
4968
1696
1452
365
336
602
464
480
370
56
19
50
55
684
1369
528
31
60
73
113
137
460
529
397
454
7
6
172
64
291
490
496
830
411
573
102
136
251
276
387
355
155
189
171
224
212
166
580
938
153
275
399
609
287
284
259
266
224
380
206
Au Eqiv.
(g/t)
0.31
0.97
1.65
0.89
1.04
0.17
0.18
1.58
1.55
1.89
2.65
0.4
0.45
1.06
1
7.94
16.19
0.26
0.01
1.09
1.14
1.26
1.71
0.24
0.17
0.43
0.72
0.03
0.04
0.16
0.03
0.65
1.31
0.93
1.13
0.19
0.16
1.2
1.92
0.36
0.41
0.84
0.94
0.42
0.69
0.46
0.82
4.96
13.99
1.1
1.58
0.41
0.77
1.43
2.41
1.06
1.31
1.17
2.22
0.82
0.95
0.34
DDH
From (m)
To (m)
IAX-10-109
IAX-10-110
IAX-10-110
IAX-10-110
IAX-10-110
IAX-10-110
IAX-10-111
IAX-10-111
IAX-10-111
IAX-10-111
IAX-10-112
IAX-10-112
IAX-10-112
IAX-10-112
IAX-10-112
IAX-10-112
IAX-10-113
IAX-10-113
IAX-10-113
IAX-10-113
IAX-10-113
IAX-10-113
IAX-10-114
IAX-10-114
IAX-10-114
IAX-10-114
IAX-10-115
IAX-10-115
IAX-10-115
IAX-10-115
IAX-10-116
IAX-10-116
IAX-10-116
IAX-10-116
IAX-10-117
IAX-10-117
IAX-10-118
IAX-10-118
IAX-10-118
IAX-10-118
IAX-10-119
IAX-10-119
IAX-10-119
IAX-10-119
IAX-10-119
IAX-10-119
IAX-10-67
IAX-10-67
IAX-10-67
IAX-10-67
IAX-10-70
IAX-10-70
IAX-10-70
IAX-10-70
IAX-10-71
IAX-10-71
IAX-10-71
IAX-10-71
IAX-10-72
IAX-10-72
IAX-10-72
IAX-10-72
571.6
242.8
247
272.5
272.5
313.1
116
116.15
135.77
135.77
94
97.1
106.5
107
129.35
140.1
57
58
85.3
87.3
101.7
105.6
108.5
111.8
121.8
124
79.72
79.72
105.64
110
39.6
42.75
82
84.8
136.2
137
142.37
144.8
160
163.2
148.75
152
165.7
165.7
198.5
199.9
203.3
204
232.3
233
243.6
247.5
279.75
281
276.6
287.1
327
327
125.59
128.48
138.75
140.2
575.8
251.22
251.22
285.26
276.7
317.3
119.4
124.45
142.5
139.2
100.5
100.35
113
110.25
143.35
143.35
63.5
61.3
91.8
90.6
108.2
108.9
115.15
115.15
128.3
127.3
88.65
84.1
114.4
114.4
46
45.95
88.4
88
145
141.4
148.74
148
166.39
166.4
156.68
155.18
172.65
171.65
204.8
203
209.9
207.3
238.9
236.3
250.75
250.75
286.23
284.25
305.6
293.8
341.1
333.5
137.7
132.1
154.45
143.9
Selected intervals
Horiz.
Zone Name
Tickness (m)
UG225 NORD1
2.55
OP05 NORD1
5.05
UG225 NORD1
2.53
OP05 NORD2
7.68
UG225 NORD2
2.53
UG225 PIT
2.53
UG225 NORD2
2.49
OP05 NORD2
6.09
OP05 NORD1
4.95
UG225 NORD1
2.52
OP05 PIT
5.03
UG225 PIT
2.52
OP05 NORD2
5.03
UG225 NORD2
2.52
OP05 NORD1
10.88
UG225 NORD1
2.53
OP05 PIT
5
UG225 PIT
2.54
OP05 NORD2
5.03
UG225 NORD2
2.55
OP05 NORD1
5
UG225 NORD1
2.53
OP05 NORD2
5.03
UG225 NORD2
2.54
OP05 NORD1
4.99
UG225 NORD1
2.53
OP05 NORD2
5.12
UG225 NORD2
2.51
OP05 NORD1
4.98
UG225 NORD1
2.5
OP05 NORD4
5.01
UG225 NORD4
2.51
OP05 NORD3
5.05
UG225 NORD3
2.52
OP05 NORD4
5.07
UG225 NORD4
2.53
OP05 NORD2
5.02
UG225 NORD2
2.52
OP05 NORD1
5.05
UG225 NORD1
2.53
OP05 NORD3
6.29
UG225 NORD3
2.54
OP05 NORD2
5.51
UG225 NORD2
4.73
OP05 NORD1
5.05
UG225 NORD1
2.48
OP05 NORD2
4.95
UG225 NORD2
2.48
OP05 NORD1
4.97
UG225 NORD1
2.48
OP05 NORD2
5.54
UG225 NORD2
2.52
OP05 NORD1
5.06
UG225 NORD1
2.54
OP05 NORD2
10.84
UG225 NORD2
2.5
OP05 NORD1
5.41
UG225 NORD1
2.49
OP05 NORD1
8.31
UG225 NORD1
2.48
OP05 NORD2
10.76
UG225 NORD2
2.54
Thrue
Tickness (m)
2.54
5.03
2.52
7.65
2.52
2.52
2.49
6.07
4.93
2.51
5.01
2.51
5.01
2.51
10.83
2.52
4.98
2.53
5.01
2.54
4.98
2.53
5.01
2.53
4.97
2.52
5.1
2.5
4.96
2.5
4.99
2.5
5.03
2.51
5.05
2.52
5
2.51
5.03
2.52
6.26
2.53
5.49
4.71
5.03
2.48
4.93
2.47
4.95
2.47
5.52
2.51
5.04
2.53
10.8
2.49
5.39
2.48
8.28
2.47
10.72
2.53
Au g/t
Cu ppm
0.42
0.95
1.69
2.19
4.26
0.81
0.59
0.47
0.56
1.04
0.59
0.9
0.18
0.14
2.36
6.78
0.14
0.19
0.54
0.86
0.33
0.54
0.14
0.23
0.92
1.45
1.28
1.51
2.39
4.59
1.2
2.18
0.07
0.03
0.17
0.1
0.93
1.73
0.93
1.64
0.77
0.8
6.8
7.86
0.46
0.82
0.25
0.26
0.21
0.22
0.62
0.89
0.29
0.52
1.41
2.51
2.75
4.08
2.22
4.68
1.24
2.91
208
47
62
560
1600
48
41
70
160
176
110
22
594
357
479
863
401
567
773
723
210
285
343
235
287
539
3253
5044
2594
5063
773
1008
530
393
1331
813
1412
1395
1547
2313
2600
2528
4217
4607
549
634
1460
2006
605
574
235
349
259
245
439
444
157
92
71
50
235
193
Au Eqiv.
(g/t)
0.46
0.95
1.7
2.28
4.51
0.82
0.59
0.48
0.58
1.06
0.61
0.9
0.28
0.2
2.44
6.92
0.21
0.28
0.66
0.97
0.36
0.58
0.2
0.27
0.96
1.53
1.79
2.3
2.79
5.38
1.32
2.33
0.15
0.09
0.38
0.23
1.15
1.95
1.17
2
1.18
1.2
7.46
8.58
0.54
0.92
0.47
0.57
0.31
0.31
0.66
0.94
0.33
0.56
1.48
2.58
2.77
4.09
2.23
4.68
1.28
2.94
DDH
From (m)
To (m)
IAX-10-72
IAX-10-72
IAX-10-73
IAX-10-73
IAX-10-73
IAX-10-73
IAX-10-74
IAX-10-74
IAX-10-74
IAX-10-74
IAX-10-75
IAX-10-75
IAX-10-75
IAX-10-75
IAX-10-76
IAX-10-76
IAX-10-77
IAX-10-77
IAX-10-78
IAX-10-78
IAX-10-78
IAX-10-78
IAX-10-79
IAX-10-79
IAX-10-79
IAX-10-79
IAX-10-80
IAX-10-80
IAX-10-81
IAX-10-81
IAX-10-82
IAX-10-82
IAX-10-83
IAX-10-83
IAX-10-84
IAX-10-84
IAX-10-85
IAX-10-85
IAX-10-86
IAX-10-86
IAX-10-86
IAX-10-86
IAX-10-87
IAX-10-87
IAX-10-87
IAX-10-87
IAX-10-88
IAX-10-88
IAX-10-88
IAX-10-88
IAX-10-89
IAX-10-89
IAX-10-89
IAX-10-89
IAX-10-89
IAX-10-89
IAX-10-90
IAX-10-90
IAX-10-90
IAX-10-90
IAX-10-91
IAX-10-91
158.35
180.45
97.25
97.25
141.4
148.9
165.4
165.4
215.15
219.7
87.7
88.45
123.75
127.35
179.7
182.6
202.5
205.6
55
56
96
96.1
82.1
83.5
131.8
132
44
45
54.8
54.8
65
66
84.5
85
64
65
79.5
80
207.3
210.1
251.6
253.6
213.25
213.25
241.75
256.75
233.3
240.3
267.3
268
109.25
109.25
150.75
154.5
200
201
294.4
295
324
327.5
141
141.3
199.18
197.96
105.5
101.3
153
153
171.8
168.6
222.9
222.9
94.2
91.7
133.85
132.35
186.3
185.95
208.75
208.75
61.5
59.2
102.5
99.3
88.7
86.8
138.3
135.3
50.5
48.25
61.4
58.1
71.4
69.2
91
88.2
70.3
68.2
85.8
83.2
213.6
213.3
257.9
256.8
219.7
216.5
261.25
260.25
245.3
245.3
274.8
271.7
116.7
113
158.25
158.25
207.5
204.75
301.5
298.5
331
331
148.5
145
Selected intervals
Horiz.
Zone Name
Tickness (m)
OP05 PIT
28.08
UG225 PIT
12.05
OP05 NORD1
5
UG225 NORD1
2.46
OP05 NORD2
7.12
UG225 NORD2
2.51
OP05 NORD2
5.01
UG225 NORD2
2.5
OP05 NORD1
6.1
UG225 NORD1
2.52
OP05 NORD2
5.02
UG225 NORD2
2.51
OP05 NORD1
7.85
UG225 NORD1
3.88
OP05 NORD2
5
UG225 NORD2
2.54
OP05 NORD2
4.98
UG225 NORD2
2.51
OP05 NORD2
4.97
UG225 NORD2
2.45
OP05 NORD1
4.99
UG225 NORD1
2.46
OP05 NORD2
4.99
UG225 NORD2
2.49
OP05 NORD1
4.95
UG225 NORD1
2.51
OP05 NORD2
5.04
UG225 NORD2
2.52
OP05 NORD2
5.05
UG225 NORD2
2.52
OP05 NORD2
5.01
UG225 NORD2
2.51
OP05 NORD2
5.07
UG225 NORD2
2.5
OP05 NORD2
4.97
UG225 NORD2
2.52
OP05 NORD2
5.04
UG225 NORD2
2.56
OP05 NORD2
5.02
UG225 NORD2
2.55
OP05 NORD1
5.04
UG225 NORD1
2.56
OP05 NORD2
5.03
UG225 NORD2
2.54
OP05 NORD1
15.29
UG225 NORD1
2.75
OP05 NORD1
7.95
UG225 NORD1
3.31
OP05 NORD2
4.99
UG225 NORD2
2.46
OP05 NORD1
4.96
UG225 NORD1
2.49
OP05 NORD2
4.99
UG225 NORD2
2.5
OP05 PIT
5.03
UG225 PIT
2.51
OP05 NORD1
5.14
UG225 NORD1
2.52
OP05 NORD2
5.01
UG225 NORD2
2.5
OP05 NORD1
5.04
UG225 NORD1
2.48
Thrue
Tickness (m)
27.97
12.01
4.99
2.45
7.09
2.5
4.99
2.49
6.08
2.51
5
2.5
7.82
3.87
4.98
2.53
4.97
2.5
4.95
2.44
4.98
2.45
4.97
2.48
4.94
2.5
5.02
2.51
5.03
2.51
4.99
2.5
5.05
2.49
4.95
2.52
5.02
2.55
5
2.54
5.02
2.55
5.01
2.53
15.23
2.74
7.92
3.3
4.97
2.45
4.94
2.48
4.97
2.49
5.01
2.5
5.12
2.51
4.99
2.49
5.02
2.47
Au g/t
Cu ppm
3.03
4.65
0.68
0.76
0.98
1.89
0
0.01
1.16
1.34
3.76
6.68
1.99
3.46
0.68
1
0.25
0.48
0
0
2.44
4.67
3.72
7.27
0.01
0.01
0
0
0.42
0.42
0.02
0.02
0
0
0
0
0
0
7.85
14.93
0.79
0.84
0.78
1.2
6.91
35.4
2.15
3.61
0.18
0.26
0.95
1.23
0.48
0.9
0.02
0
0.04
0.01
0.27
0.49
1.11
1.41
548
224
367
358
288
514
9
8
716
1101
892
1367
254
348
317
355
61
97
0
0
564
953
250
275
64
45
99
79
158
246
88
36
29
15
26
25
34
21
3351
6112
410
361
146
211
592
1157
145
69
287
174
71
23
73
87
98
52
34
26
30
39
575
892
Au Eqiv.
(g/t)
3.11
4.68
0.74
0.81
1.03
1.97
0
0.01
1.27
1.51
3.9
6.9
2.03
3.51
0.74
1.05
0.26
0.49
0
0
2.53
4.82
3.76
7.31
0.02
0.02
0.02
0.01
0.45
0.46
0.03
0.02
0.01
0
0
0
0.01
0
8.37
15.88
0.85
0.9
0.8
1.23
7
35.58
2.17
3.62
0.23
0.28
0.96
1.23
0.49
0.91
0.04
0.01
0.04
0.02
0.27
0.49
1.2
1.55
DDH
From (m)
To (m)
IAX-10-91
IAX-10-91
IAX-10-91
IAX-10-92
IAX-10-92
IAX-10-92
IAX-10-92
IAX-10-93
IAX-10-93
IAX-10-93
IAX-10-93
IAX-10-93
IAX-10-93
IAX-10-94
IAX-10-94
IAX-10-95
IAX-10-95
IAX-10-95
IAX-10-95
IAX-10-95
IAX-10-95
IAX-10-96
IAX-10-96
IAX-10-96
IAX-10-96
IAX-10-97
IAX-10-97
IAX-10-97
IAX-10-97
IAX-10-97
IAX-10-97
IAX-10-98
IAX-10-98
IAX-10-98
IAX-10-98
IAX-10-98
IAX-10-98
IAX-10-99
IAX-10-99
IAX-10-99
IAX-10-99
IAX-11-120
IAX-11-120
IAX-11-120
IAX-11-120
IAX-11-121
IAX-11-121
IAX-11-121
IAX-11-121
IAX-11-121
IAX-11-121
IAX-11-122
IAX-11-122
IAX-11-122
IAX-11-122
IAX-11-122
IAX-11-122
IAX-11-123
IAX-11-123
IAX-11-123
IAX-11-123
IAX-11-123
194
223
224
332
334
359.3
360
135
136
166.9
168
190.4
190.4
173
173
215.1
218.8
240.3
240.3
277.28
278
221.25
222
254.6
256.65
286.9
290.5
300.5
303.1
334
337.7
312.7
313
344.4
347
371.1
374
443
448
494.44
500.4
132.85
137.7
160.85
160.85
51.1
52
71.1
72
85.7
86
156.5
157
183.1
186.3
197.4
199.1
106.8
107
129
130
183.6
201.5
230.4
227.7
339.55
337.7
366.8
363.7
142.5
139.8
174.5
171.8
197.9
194.2
179.2
176.1
222.6
222.6
247.9
244
284.78
281.78
227.4
225.1
260.7
259.75
294.07
294.07
307.8
306.7
341.34
341.34
318.9
316.1
350.6
350.1
377.2
377.1
453.7
453.3
505.7
505.7
144.85
140.85
174.45
164
57.6
55.25
77.6
75.25
92.2
89.25
162.8
160.2
189.4
189.5
203.8
202.3
113.08
110.1
135.3
133.1
189.9
Selected intervals
Horiz.
Zone Name
Tickness (m)
OP05 NORD2
5.08
OP05 PIT
5.04
UG225 PIT
2.52
OP05 NORD1
5.05
UG225 NORD1
2.47
OP05 NORD2
5.02
UG225 NORD2
2.48
OP05 NORD1
4.95
UG225 NORD1
2.51
OP05 NORD2
5
UG225 NORD2
2.5
OP05 PIT
4.95
UG225 PIT
2.5
OP05 NORD2
5.02
UG225 NORD2
2.51
OP05 NORD1
4.99
UG225 NORD1
2.54
OP05 NORD2
5.08
UG225 NORD2
2.47
OP05 PIT
5.03
UG225 PIT
2.54
OP05 NORD4
5.03
UG225 NORD4
2.54
OP05 NORD3
5.01
UG225 NORD3
2.55
OP05 NORD1
5.02
UG225 NORD1
2.5
OP05 NORD2
5.05
UG225 NORD2
2.48
OP05 PIT
5
UG225 PIT
2.48
OP05 NORD3
5.04
UG225 NORD3
2.52
OP05 NORD2
5.04
UG225 NORD2
2.52
OP05 NORD1
4.98
UG225 NORD1
2.53
OP05 NORD1
5.02
UG225 NORD1
2.48
OP05 NORD2
5.35
UG225 NORD2
2.52
OP05 NORD4
9.48
UG225 NORD4
2.49
OP05 NORD3
10.78
UG225 NORD3
2.5
OP05 NORD3
5.06
UG225 NORD3
2.53
OP05 NORD2
5.03
UG225 NORD2
2.51
OP05 NORD1
5.03
UG225 NORD1
2.51
OP05 NORD3
5
UG225 NORD3
2.54
OP05 NORD2
5.03
UG225 NORD2
2.55
OP05 NORD1
5.02
UG225 NORD1
2.51
OP05 NORD4
4.99
UG225 NORD4
2.46
OP05 NORD3
5.02
UG225 NORD3
2.47
OP05 NORD2
5.09
Thrue
Tickness (m)
5.07
5.02
2.51
5.03
2.47
5
2.47
4.93
2.5
4.98
2.49
4.93
2.49
5
2.5
4.98
2.53
5.06
2.46
5.01
2.53
5.01
2.53
4.99
2.54
5
2.49
5.03
2.48
4.98
2.47
5.02
2.51
5.02
2.51
4.96
2.52
5
2.47
5.33
2.51
9.44
2.48
10.74
2.49
5.04
2.52
5.01
2.5
5.01
2.5
4.98
2.53
5.01
2.54
5
2.5
4.97
2.45
5
2.46
5.07
Au g/t
Cu ppm
0.34
0.12
0.08
0.83
0.85
0.12
0.13
0.01
0.01
1.33
2.6
0.61
1.11
0.1
0.18
5.38
9.67
0.84
1.22
1.31
2
0.08
0.07
0.52
0.7
0.41
0.8
1.09
2.1
0.26
0.28
0.11
0.1
0.48
0.77
0.17
0.27
0.18
0.35
1.42
2.1
0.58
0.82
1.27
3.95
0.06
0.04
0.11
0.03
0.06
0.06
0.06
0.08
0.61
1.02
1.19
1.95
0.33
0.28
0.05
0.07
0.55
110
22
27
1391
2234
689
684
5
4
66
84
2714
5277
1366
2492
443
384
91
51
13
15
679
400
1211
1323
166
305
834
1567
952
1627
875
988
1238
1137
1128
1764
213
366
1924
3190
1319
1788
254
535
336
165
713
287
297
297
496
640
1345
1518
4092
6157
1540
1374
355
493
1317
Au Eqiv.
(g/t)
0.36
0.12
0.08
1.05
1.2
0.22
0.24
0.01
0.01
1.35
2.62
1.04
1.93
0.31
0.57
5.45
9.73
0.85
1.23
1.31
2
0.19
0.14
0.71
0.91
0.43
0.85
1.22
2.35
0.41
0.53
0.25
0.25
0.67
0.95
0.34
0.54
0.21
0.41
1.72
2.6
0.79
1.1
1.31
4.03
0.11
0.06
0.22
0.08
0.11
0.11
0.14
0.18
0.81
1.26
1.83
2.92
0.57
0.49
0.1
0.15
0.75
DDH
From (m)
To (m)
IAX-11-123
IAX-11-123
IAX-11-123
IAX-11-124
IAX-11-124
IAX-11-124
IAX-11-124
IAX-11-125
IAX-11-125
IAX-11-125
IAX-11-125
IAX-11-127
IAX-11-127
IAX-11-127
IAX-11-127
IAX-11-128
IAX-11-128
IAX-11-129
IAX-11-129
IAX-11-129
IAX-11-129
IAX-11-130
IAX-11-130
IAX-11-130
IAX-11-130
IAX-11-131
IAX-11-131
IAX-11-131
IAX-11-131
IAX-11-132
IAX-11-132
IAX-11-132
IAX-11-132
IAX-11-133
IAX-11-133
IAX-11-133
IAX-11-133
IAX-11-134
IAX-11-134
IAX-11-134
IAX-11-134
IAX-11-135
IAX-11-135
IAX-11-135
IAX-11-135
IAX-11-136
IAX-11-136
IAX-11-137
IAX-11-137
IAX-11-137
IAX-11-137
IAX-11-138
IAX-11-138
IAX-11-139
IAX-11-139
IAX-11-139
IAX-11-139
IAX-11-140
IAX-11-140
IAX-11-140
IAX-11-140
IAX-11-140
183.8
201.1
204.2
26.6
29
69.5
71
35
36
60.4
61.6
110
111
154.1
154.1
15.7
18
169.4
170
198
200.4
144.3
144.3
166
167
36
37
58.2
58.2
27
29
57
67.1
123.6
126.8
133.15
139.2
148.05
148.05
172.45
183.5
64.6
65
86.2
90.7
18.5
20.5
56.2
57
70.5
73
11.05
14
24.6
27.5
41
43
13.5
16
39
40
74.3
189.9
207.3
207.3
32.9
32.1
75.7
74.1
41.9
39.4
67.3
65
116.8
114.4
161.9
157.5
22.4
21.3
176.8
173.7
205.25
204
150.7
147.5
172.4
170.2
42.7
40.3
64.8
61.5
33.8
32.4
72.9
70.5
130.05
130.05
142.4
142.4
156
151.4
186.85
186.85
71.1
68.25
93.9
93.9
33
24.4
62.5
60.2
76.8
76.2
25.95
19
31
30.8
47.4
46.3
21.2
19.8
46.7
43.8
82
Selected intervals
Horiz.
Zone Name
Tickness (m)
UG225 NORD2
4.93
OP05 NORD1
5.01
UG225 NORD1
2.51
OP05 NORD2
5.01
UG225 NORD2
2.47
OP05 NORD1
5.02
UG225 NORD1
2.51
OP05 NORD2
5.06
UG225 NORD2
2.49
OP05 NORD1
5.04
UG225 NORD1
2.5
OP05 NORD2
5.02
UG225 NORD2
2.51
OP05 NORD1
5.75
UG225 NORD1
2.51
OP05 NORD1
5.05
UG225 NORD1
2.49
OP05 NORD2
5.03
UG225 NORD2
2.51
OP05 NORD1
5.03
UG225 NORD1
2.5
OP05 NORD2
5.06
UG225 NORD2
2.53
OP05 NORD1
5.07
UG225 NORD1
2.54
OP05 NORD2
5.06
UG225 NORD2
2.49
OP05 NORD1
4.99
UG225 NORD1
2.49
OP05 NORD2
5
UG225 NORD2
2.5
OP05 NORD1
11.65
UG225 NORD1
2.51
OP05 NORD2
5.06
UG225 NORD2
2.55
OP05 NORD1
7.27
UG225 NORD1
2.51
OP05 NORD2
5.89
UG225 NORD2
2.5
OP05 NORD1
10.79
UG225 NORD1
2.51
OP05 NORD2
4.97
UG225 NORD2
2.49
OP05 NORD1
5.94
UG225 NORD1
2.47
OP05 PIT
9.27
UG225 PIT
2.49
OP05 NORD2
4.98
UG225 NORD2
2.53
OP05 NORD1
4.99
UG225 NORD1
2.53
OP05 PIT
7.69
UG225 PIT
2.58
OP05 NORD2
5
UG225 NORD2
2.55
OP05 NORD1
5.01
UG225 NORD1
2.58
OP05 NORD1
4.99
UG225 NORD1
2.46
OP05 NORD2
5
UG225 NORD2
2.47
OP05 PIT
4.99
Thrue
Tickness (m)
4.91
4.99
2.5
4.99
2.46
5
2.5
5.04
2.48
5.02
2.49
5
2.5
5.73
2.5
5.03
2.48
5.01
2.51
5.01
2.49
5.04
2.52
5.05
2.53
5.04
2.48
4.98
2.48
4.98
2.49
11.61
2.5
5.04
2.54
7.24
2.5
5.87
2.49
10.75
2.5
4.96
2.48
5.92
2.46
9.24
2.49
4.96
2.52
4.97
2.52
7.66
2.57
4.98
2.54
4.99
2.57
4.97
2.45
4.98
2.46
4.97
Au g/t
Cu ppm
0.56
0.25
0.47
4.37
8.84
0.17
0.34
0.68
0.54
1.04
1.87
0
0
3.63
7.66
0.42
0.72
0.25
0.37
0.86
0.97
0.39
0.66
0.11
0.14
0.27
0.48
0.99
1.96
0
0
4.3
17.97
0.17
0.32
2.86
4.69
2.32
5.16
1.52
3.11
0.42
0.32
1.39
1.54
1.62
3.74
0.2
0.22
0.39
0.54
2.21
3.65
0.62
1.07
0.12
0.14
0.62
1.18
0.67
1.06
4.17
1332
560
912
371
621
108
186
348
365
393
557
0
0
302
488
259
435
1042
1916
200
185
1299
1646
799
1010
223
257
263
499
0
0
498
797
248
352
982
1234
236
325
359
1
1447
1235
85
93
1365
2656
51
37
92
90
149
207
178
289
331
457
59
97
838
1369
348
Au Eqiv.
(g/t)
0.77
0.34
0.62
4.43
8.94
0.19
0.36
0.73
0.6
1.1
1.96
0
0
3.68
7.74
0.46
0.79
0.42
0.67
0.89
1
0.6
0.92
0.24
0.3
0.3
0.52
1.03
2.04
0
0
4.38
18.1
0.21
0.38
3.02
4.88
2.35
5.21
1.57
3.11
0.65
0.52
1.4
1.56
1.83
4.15
0.21
0.23
0.4
0.55
2.23
3.68
0.64
1.12
0.17
0.22
0.63
1.19
0.8
1.27
4.22
DDH
From (m)
To (m)
IAX-11-140
IAX-11-141
IAX-11-141
IAX-11-141
IAX-11-141
IAX-11-141
IAX-11-141
IAX-11-144
IAX-11-144
IAX-11-144
IAX-11-144
IAX-11-145
IAX-11-145
IAX-11-145
IAX-11-145
IAX-11-146
IAX-11-146
IAX-11-146
IAX-11-146
IAX-11-147
IAX-11-147
IAX-11-147
IAX-11-147
IAX-11-148
IAX-11-148
IAX-11-148
IAX-11-148
IAX-11-149
IAX-11-149
IAX-11-149
IAX-11-149
IAX-11-150
IAX-11-150
IAX-11-150
IAX-11-150
IAX-11-150
IAX-11-150
IAX-11-152
IAX-11-152
IAX-11-152
IAX-11-152
IAX-11-153
IAX-11-153
IAX-11-155
IAX-11-155
IAX-11-155
IAX-11-155
IAX-11-156
IAX-11-156
IAX-11-157
IAX-11-157
IAX-11-158
IAX-11-158
IAX-11-160
IAX-11-160
IAX-11-160
IAX-11-160
IAX-11-160
IAX-11-160
IAX-11-160
IAX-11-160
IAX-11-161
75
10.5
10.5
59
61
116.05
121.2
406.7
406.7
453
456
592.11
594
641
644
113.9
118
165
167
332.8
335.5
415.5
420.7
441
441
542.5
542.5
72.8
75.6
113.9
117.4
42.9
42.9
84.3
88.1
95.7
97
519.7
520
552.6
553
475.63
475.63
604.3
607.8
638.6
641.1
388.08
389
287.3
288.5
18
19
27.85
32.5
71.2
71.2
109
109
129.2
130.7
690.8
78.8
19.2
14.5
66.7
65
125
125
417.65
411.2
461.8
460.4
604.65
600.3
653.5
650.3
122.1
122.1
173.2
171.1
342
340.1
426.5
425.2
452.2
446.6
561.8
547.9
84.1
79.2
121
121
57.6
46.7
92
92
109.2
100.8
527.3
523.8
560.2
556.8
484.8
479.8
623.35
614.1
644.9
644.3
396.38
393.2
295.99
292.8
24.5
22.3
35.8
35.8
77.8
74.5
115.6
112.3
135.8
134
699.09
Selected intervals
Horiz.
Zone Name
Tickness (m)
UG225 PIT
2.46
OP05 NORD1
5.58
UG225 NORD1
2.55
OP05 NORD2
5.01
UG225 NORD2
2.6
OP05 PIT
5.88
UG225 PIT
2.49
OP05 NORD1
6.14
UG225 NORD1
2.52
OP05 NORD2
5.01
UG225 NORD2
2.51
OP05 NORD1
4.99
UG225 NORD1
2.5
OP05 NORD2
5
UG225 NORD2
2.52
OP05 NORD1
5.02
UG225 NORD1
2.52
OP05 NORD2
5.1
UG225 NORD2
2.55
OP05 NORD1
5.06
UG225 NORD1
2.53
OP05 NORD2
6.1
UG225 NORD2
2.5
OP05 NORD1
5.03
UG225 NORD1
2.51
OP05 NORD2
8.99
UG225 NORD2
2.49
OP05 NORD1
7.89
UG225 NORD1
2.51
OP05 NORD2
4.97
UG225 NORD2
2.53
OP05 NORD1
9.7
UG225 NORD1
2.5
OP05 NORD2
5.03
UG225 NORD2
2.54
OP05 PIT
8.82
UG225 PIT
2.48
OP05 NORD2
4.97
UG225 NORD2
2.48
OP05 NORD1
5.01
UG225 NORD1
2.51
OP05 NORD2
5.57
UG225 NORD2
2.53
OP05 NORD2
15
UG225 NORD2
4.96
OP05 NORD1
4.98
UG225 NORD1
2.53
OP05 NORD2
4.97
UG225 NORD2
2.51
OP05 NORD2
5.01
UG225 NORD2
2.48
OP05 NORD3
5
UG225 NORD3
2.54
OP05 NORD4
6.09
UG225 NORD4
2.53
OP05 NORD3
5.04
UG225 NORD3
2.52
OP05 NORD2
5.04
UG225 NORD2
2.52
OP05 NORD1
5.04
UG225 NORD1
2.52
OP05 NORD1
5.06
Thrue
Tickness (m)
2.45
5.56
2.54
4.99
2.59
5.85
2.49
6.12
2.51
4.99
2.5
4.97
2.49
4.98
2.51
5
2.51
5.08
2.54
5.04
2.52
6.07
2.49
5.01
2.5
8.95
2.49
7.86
2.51
4.95
2.52
9.67
2.49
5.01
2.53
8.79
2.47
4.96
2.47
4.99
2.5
5.55
2.52
14.94
4.94
4.96
2.52
4.95
2.51
5
2.47
4.98
2.53
6.07
2.52
5.02
2.51
5.02
2.51
5.02
2.51
5.04
Au g/t
Cu ppm
7.58
0.67
1.19
0.53
0.92
1.88
1.96
1.61
1.59
0.28
0.41
0.08
0.08
0.18
0.3
0.33
0.59
0.15
0.26
0.71
1.12
0.99
1.57
0.2
0.18
4.03
12.41
0.66
0.76
0.61
0.93
0.37
0.47
1.26
2.41
1.25
1.97
0.77
0.72
0.36
0.53
0.77
1.04
2.98
5.88
1.19
2.19
0.27
0.51
0.47
0.95
0.42
0.49
0.79
0.84
0.67
1.01
0.32
0.31
0.36
0.61
0.29
292
167
132
98
150
67
44
419
519
90
31
100
116
95
122
285
383
362
486
296
386
234
272
88
83
831
2472
330
244
60
39
248
515
270
287
203
154
438
286
155
183
216
265
471
869
198
227
153
211
30
21
849
593
4546
4616
1666
1867
646
747
1440
1723
58
Au Eqiv.
(g/t)
7.63
0.7
1.21
0.54
0.95
1.89
1.96
1.68
1.67
0.29
0.41
0.09
0.1
0.2
0.32
0.37
0.65
0.21
0.33
0.76
1.18
1.03
1.62
0.22
0.19
4.16
12.8
0.71
0.8
0.63
0.94
0.4
0.55
1.3
2.45
1.28
1.99
0.84
0.76
0.38
0.56
0.8
1.08
3.05
6.02
1.22
2.23
0.29
0.55
0.48
0.95
0.55
0.58
1.5
1.56
0.93
1.3
0.42
0.43
0.58
0.88
0.3
DDH
From (m)
To (m)
IAX-11-161
IAX-11-161
IAX-11-161
IAX-11-162
IAX-11-162
IAX-11-162
IAX-11-162
IAX-11-162
IAX-11-162
IAX-11-163
IAX-11-163
IAX-11-163
IAX-11-163
IAX-11-163
IAX-11-163
IAX-11-164
IAX-11-164
IAX-11-164
IAX-11-164
IAX-11-164
IAX-11-164
IAX-11-165
IAX-11-165
IAX-11-165
IAX-11-165
IAX-11-166
IAX-11-166
IAX-11-166
IAX-11-166
IAX-11-167
IAX-11-167
IAX-11-168
IAX-11-168
IAX-11-168
IAX-11-168
IAX-11-169
IAX-11-169
IAX-11-169
IAX-11-169
IAX-11-170
IAX-11-170
IAX-11-172
IAX-11-172
IAX-11-172
IAX-11-172
IAX-11-176
IAX-11-176
IAX-11-176
IAX-11-176
IAX-11-176
IAX-11-176
IAX-11-178
IAX-11-178
IAX-11-181
IAX-11-181
IAX-11-183
IAX-11-183
IAX-11-184
IAX-11-185
IAX-11-186
IAX-11-186
IAX-11-187
694.5
755.3
755.3
217.8
218
239.75
239.75
269.4
269.4
88.65
95.4
106.15
111.4
135.7
135.7
106
106
128.4
128.4
142.75
142.75
37.3
38.3
52.8
54.8
187
194.1
198.92
198.92
576
576
61.9
65.2
75
76.5
119.8
123.1
135
137.2
96.3
98.25
614.4
617.4
650.4
650.4
569
569
629.4
631
690.2
695.1
682.6
724.6
414.6
462.6
524
562
47.8
48
275.9
326
670.6
698.6
763.4
759.3
224
221.1
245.9
242.8
275.6
272.5
98.6
98.6
114.95
114.95
142
138.9
113.7
109.3
135
131.7
149.2
146
43.9
41.6
59.5
58.1
197.37
197.37
205.5
202.2
584
580
68.45
68.45
81.5
79.7
126.3
126.3
141.5
140.5
102.78
101.5
630.7
621.1
657.4
653.9
580.2
573.5
643.2
642.4
700
700
685.6
727.6
419
466.95
528.3
566.4
102
126
279.8
329.8
674.8
Selected intervals
Horiz.
Zone Name
Tickness (m)
UG225 NORD1
2.5
OP05 NORD2
5.04
UG225 NORD2
2.49
OP05 NORD3
5.04
UG225 NORD3
2.52
OP05 NORD2
5.01
UG225 NORD2
2.49
OP05 NORD1
5.07
UG225 NORD1
2.53
OP05 NORD3
7.85
UG225 NORD3
2.52
OP05 NORD2
6.99
UG225 NORD2
2.54
OP05 NORD1
5.01
UG225 NORD1
2.55
OP05 NORD3
5.91
UG225 NORD3
2.53
OP05 NORD2
5.06
UG225 NORD2
2.53
OP05 NORD1
4.97
UG225 NORD1
2.5
OP05 NORD2
4.95
UG225 NORD2
2.47
OP05 NORD1
5.05
UG225 NORD1
2.49
OP05 NORD2
7.93
UG225 NORD2
2.5
OP05 NORD1
5.04
UG225 NORD1
2.51
OP05 NORD2
5.01
UG225 NORD2
2.51
OP05 NORD2
5.02
UG225 NORD2
2.49
OP05 NORD1
4.99
UG225 NORD1
2.46
OP05 NORD2
5
UG225 NORD2
2.46
OP05 NORD1
5
UG225 NORD1
2.54
OP05 NORD4
4.98
UG225 NORD4
2.5
OP05 NORD2
11.6
UG225 NORD2
2.63
OP05 NORD1
4.98
UG225 NORD1
2.49
OP05 NORD1
6.25
UG225 NORD1
2.51
OP05 NORD2
7.7
UG225 NORD2
6.35
OP05 PIT
5.02
UG225 PIT
2.51
UG225 NORD2
2.51
UG225 NORD1
2.51
UG225 NORD2
2.52
UG225 NORD1
2.5
UG225 NORD2
2.47
UG225 NORD1
2.51
West Zone
40.22
West Zone
54.93
UG225 NORD4
2.53
UG225 NORD3
2.48
UG225 NORD2
2.5
Thrue
Tickness (m)
2.49
5.02
2.48
5.02
2.51
4.99
2.48
5.05
2.52
7.82
2.52
6.96
2.53
4.99
2.54
5.88
2.52
5.04
2.52
4.95
2.5
4.93
2.46
5.03
2.48
7.9
2.49
5.02
2.5
4.99
2.5
5
2.48
4.97
2.45
4.98
2.45
4.98
2.53
4.96
2.49
11.56
2.62
4.96
2.48
6.23
2.5
7.67
6.33
5
2.5
2.5
2.5
2.51
2.49
2.46
2.5
40.22
54.93
2.52
2.47
2.49
Au g/t
Cu ppm
0.53
1.07
1.75
0.11
0.13
0.42
0.44
0.13
0.19
0.62
1
0.41
0.52
0.06
0.04
1.31
2.23
0.31
0.44
0.36
0.41
0.59
0.8
0.6
0.71
0.51
0.99
1.52
2.73
0
0
0.24
0.39
1.18
2.25
0.35
0.67
0.09
0.11
0.9
1.56
1.98
3.24
0.34
0.53
0.82
1.31
6.7
7.92
0.17
0.24
0.71
1.29
0.11
0.31
0.24
0.41
0.76
0.96
0.1
0.32
0.23
57
417
486
732
858
371
589
535
619
2725
4012
1658
2132
294
283
2074
708
2167
2904
1579
1709
1574
2383
894
1237
1114
2519
1346
1758
21
29
1388
2479
942
787
857
1292
1810
1500
3365
5758
457
823
297
465
274
180
364
413
616
753
1860
82
171
402
469
137
4167
5806
447
1422
45
Au Eqiv.
(g/t)
0.54
1.13
1.83
0.23
0.26
0.47
0.54
0.22
0.29
1.05
1.62
0.67
0.85
0.1
0.09
1.63
2.34
0.65
0.89
0.61
0.68
0.84
1.18
0.74
0.91
0.68
1.38
1.73
3
0
0.01
0.45
0.78
1.33
2.37
0.48
0.87
0.38
0.35
1.42
2.46
2.05
3.36
0.38
0.6
0.86
1.34
6.75
7.99
0.27
0.35
1
1.3
0.13
0.37
0.31
0.43
1.41
1.87
0.17
0.54
0.24
DDH
From (m)
To (m)
IAX-11-187
IAX-11-188
IAX-12-189
IAX-12-192
IAX-12-192
IAX-12-193
IAX-12-193
IAX-12-194
IAX-12-195
IAX-12-195
IAX-12-196
IAX-12-196
IAX-12-197
IAX-12-197
IAX-12-197
IAX-12-198
IAX-12-199
IAX-12-199
IAX-12-200
IAX-12-201
IAX-12-202
IAX-12-203
IAX-12-203
IAX-12-204
IAX-12-207
IAX-12-207
IAX-12-208
IAX-12-208
IAX-12-210
IAX-12-211
IAX-12-211
IAX-12-211
IAX-12-212
IAX-12-212
IAX-12-212
IAX-12-214
IAX-12-214
IAX-12-214
IAX-12-215
S-84
S-84
S-85
S-85
S-86
S-86
S-89
S-89
S-89
S-89
S-89
S-89
S-90
S-90
S-90
S-90
S-91
S-91
S-91
S-91
S-91
S-92
S-92
730.5
320.1
298.5
676.5
731.7
680.3
773.9
27.6
658
673.8
415
451.6
324
359.5
389
48.2
772.6
811
134.6
105.5
149
637.5
710.7
170.7
662.4
682.3
397
460.6
119.4
85
130.2
159
226
245.2
274
273.5
347
382
238
1.74
30.6
2.5
3.66
2.8
16.92
113.6
116
143.7
145
172
174
113.08
113.08
160.78
167.5
94.49
95.25
140.5
142
149.5
198.4
198.4
734.7
323.4
300.5
681.9
738
685.4
778.8
122.8
665.5
682
419.5
456
329.2
364.8
394.2
57.2
777.6
816
267.4
228.6
216.4
641.6
714.8
201.3
666.9
686.8
401.8
465.4
122.4
110.6
144.6
176.5
236
264
306.6
327
363.5
386
327.1
37.34
33.92
12.8
11.28
34.2
25.15
122.1
120.2
152
149.2
180
178
122.14
116.6
170.69
170.69
103.8
99.9
149.5
146.5
192.94
207
202.7
Selected intervals
Horiz.
Zone Name
Tickness (m)
UG225 NORD1
2.52
UG225 NORD4
2.52
UG225 NORD4
1.24
UG225 NORD2
2.64
UG225 NORD1
3.04
UG225 NORD1
2.49
UG225 NORD2
2.47
West Zone
65.65
UG225 NORD2
4.2
UG225 NORD1
4.6
UG225 NORD1
2.52
UG225 NORD2
2.48
UG225 NORD1
2.49
UG225 NORD2
2.55
UG225 PIT
2.51
West Zone
6.46
UG225 NORD1
2.51
UG225 NORD2
2.51
West Zone
68.6
West Zone
73.93
West Zone
43.53
UG225 NORD1
2.47
UG225 NORD2
2.48
West Zone
19.77
UG225 NORD2
2.55
UG225 NORD1
2.56
UG225 NORD1
2.51
UG225 NORD2
2.53
West Zone
2.07
West Zone
17.93
West Zone
10.13
West Zone
12.4
West Zone
7.3
West Zone
13.74
West Zone
24.04
West Zone
30.53
West Zone
9.55
West Zone
2.36
West Zone
54.87
OP05 PIT
27.36
UG225 PIT
2.55
OP05 PIT
8.95
UG225 PIT
6.62
OP05 PIT
20.67
UG225 PIT
5.42
OP05 NORD1
5.03
UG225 NORD1
2.48
OP05 NORD2
4.97
UG225 NORD2
2.52
OP05 NORD3
4.8
UG225 NORD3
2.4
OP05 NORD1
6.47
UG225 NORD1
2.5
OP05 NORD2
7.69
UG225 NORD2
2.49
OP05 NORD1
5.05
UG225 NORD1
2.52
OP05 NORD2
4.98
UG225 NORD2
2.49
OP05 PIT
24.24
OP05 NORD1
4.99
UG225 NORD1
2.48
Thrue
Tickness (m)
2.51
2.51
1.24
2.63
3.03
2.48
2.46
65.65
4.18
4.58
2.51
2.47
2.48
2.54
2.5
6.46
2.5
2.5
68.6
73.93
43.53
2.46
2.47
19.77
2.54
2.55
2.5
2.52
2.07
17.93
10.13
12.4
7.3
13.74
24.04
30.53
9.55
2.36
54.87
27.26
2.54
8.92
6.6
20.59
5.4
5.01
2.47
4.96
2.51
4.78
2.39
6.44
2.49
7.66
2.48
5.03
2.51
4.96
2.48
24.15
4.97
2.47
Au g/t
Cu ppm
0.57
0.19
0.68
1.4
0.88
2.64
0.5
1.03
3.83
13
1.83
1.72
1.87
0.37
0.31
0.35
0.06
0.65
1.08
0.79
0.48
0.04
1.13
0.51
2.15
0.29
2.23
0.84
0.22
0.28
0.3
0.4
0.2
0.27
0.42
0.6
0.42
0.75
0.52
2.75
18.17
2.54
3.08
1.93
4.97
0.35
0.71
0
0
0.07
0.08
2.52
4.9
0.55
1.13
0.71
1.32
0.06
0.04
0.06
0.52
1.02
38
1604
2275
677
351
1021
108
5825
1497
3459
1969
216
178
516
504
1691
36
876
6715
4302
2534
1398
927
1947
485
1320
324
913
2697
2930
3898
1346
3256
2660
1676
5621
1144
1034
2761
----------------0
0
---------------------------
Au Eqiv.
(g/t)
0.58
0.44
1.04
1.51
0.93
2.8
0.52
1.94
4.07
13.55
2.14
1.76
1.9
0.44
0.39
0.61
0.06
0.79
2.13
1.46
0.88
0.26
1.28
0.81
2.23
0.49
2.28
0.99
0.64
0.74
0.91
0.61
0.71
0.69
0.68
1.48
0.6
0.91
0.95
2.75
18.17
2.54
3.08
1.93
4.97
0.35
0.71
0
0
0.07
0.08
2.52
4.9
0.55
1.13
0.71
1.32
0.06
0.04
0.06
0.52
1.02
DDH
From (m)
To (m)
S-92
S-92
S-93
S-93
S-93
S-93
S-94
S-94
S-94
S-94
S-95
S-95
S-96
S-96
SB-71
SB-71
SB-72
SB-73
SB-73
SB-74
SB-74
SB-76
SB-76
SB-77
SB-77
SB-77
SB-77
SB-77
SB-77
SB-78
SB-78
SB-78
SB-78
SB-79
SB-79
U1-1
U1-1
U1-1
U1-1
U1-1
U1-1
U1-10
U1-10
U1-11
U1-11
U1-11
U1-11
U1-12
U1-12
U1-13
U1-13
U1-13
U1-14
U1-14
U1-14
U1-15
U1-15
U1-16
U1-16
U1-17
U1-17
U1-18
217.8
222
209.27
210
255.9
259.7
249.3
252.4
316
317.9
6.09
7.7
42.6
42.6
10.5
18.3
10.5
17
17
22.5
29
2.93
7.41
11.4
15.2
44.4
48.2
68.7
72.5
27.2
30
36.5
41.4
36.7
36.7
0
0
11.09
15.7
27.43
39.62
0
0
4.05
5.58
30.36
33
0
0
0
4.5
12.74
0
12.19
24.8
0
0
0
0
0
3.05
0
226.2
226.2
217.3
214
263.46
263.46
276.5
256.5
324
321.9
13.8
11.58
52.51
47.1
38.5
32.3
34.8
26
21
49.3
38
27.37
15.24
19
19
52
52
76.3
76.3
33.8
33.3
48.5
44.6
43.2
39.9
5.1
4.57
25.91
18.29
53.34
48.77
9.14
7.62
15.24
8.53
37.19
35.5
12.19
2.5
11.73
8.5
21.28
1.52
30.48
27.4
9.45
3.72
3.05
2.5
12.07
6.1
7.62
Selected intervals
Horiz.
Zone Name
Tickness (m)
OP05 NORD2
5.06
UG225 NORD2
2.54
OP05 NORD1
5.1
UG225 NORD1
2.54
OP05 NORD2
4.98
UG225 NORD2
2.48
OP05 NORD2
16.9
UG225 NORD2
2.54
OP05 NORD1
5.05
UG225 NORD1
2.53
OP05 NORD1
5
UG225 NORD1
2.51
OP05 NORD3
5.56
UG225 NORD3
2.52
OP05 PIT
22.4
UG225 PIT
11.22
OP05 PIT
15.01
OP05 NORD2
5.81
UG225 NORD2
2.54
OP05 PIT
20.84
UG225 PIT
6.96
OP05 PIT
19.21
UG225 PIT
6.14
OP05 PIT
4.95
UG225 PIT
2.48
OP05 NORD2
4.95
UG225 NORD2
2.48
OP05 NORD1
4.95
UG225 NORD1
2.48
OP05 PIT
5.07
UG225 PIT
2.54
OP05 NORD2
9.23
UG225 NORD2
2.46
OP05 NORD2
5
UG225 NORD2
2.46
OP05 NORD1
4.99
UG225 NORD1
4.47
OP05 NORD2
14.51
UG225 NORD2
2.54
OP05 PIT
25.36
UG225 PIT
8.96
OP05 PIT
9.09
UG225 PIT
7.58
OP05 PIT
11.18
UG225 PIT
2.95
OP05 NORD2
6.83
UG225 NORD2
2.5
OP05 PIT
12.19
UG225 PIT
2.5
OP05 PIT
7.57
UG225 PIT
2.58
OP05 NORD2
5.51
OP05 PIT
1.5
OP05 NORD2
18.08
UG225 NORD2
2.57
OP05 PIT
9.45
UG225 PIT
3.72
OP05 PIT
3.05
UG225 PIT
2.5
OP05 PIT
12.05
UG225 PIT
3.05
OP05 PIT
7.09
Thrue
Tickness (m)
5.04
2.53
5.09
2.53
4.96
2.47
16.84
2.53
5.03
2.52
4.98
2.5
5.54
2.51
22.31
11.18
14.95
5.79
2.53
20.76
6.93
19.14
6.12
4.94
2.47
4.94
2.47
4.94
2.47
5.06
2.53
9.19
2.45
4.98
2.45
4.97
4.46
14.45
2.53
25.27
8.92
9.05
7.55
11.14
2.94
6.8
2.49
12.14
2.49
7.54
2.57
5.49
1.5
18.01
2.56
9.41
3.71
3.04
2.49
12.01
3.03
7.06
Au g/t
Cu ppm
14.31
28.57
0.09
0.12
1.18
2.26
1.18
3
1.86
2.67
0.04
0.08
0.88
1.57
2.15
3.62
1.87
1.55
1.76
1.49
2.73
2.36
4.95
0.39
0.6
0.17
0.17
0.09
0.19
0.51
0.68
1.12
1.74
0.3
0.26
3.5
3.83
1.61
3.54
4.32
10.28
2.88
3.32
1.85
4.64
0.81
1.42
0.57
0.84
1.04
1.7
0.61
0.34
0.98
2.48
2.51
5.79
2.4
2.55
2.09
5.15
2.27
-----------------------------------------------------------------------------------------------------------------------------
Au Eqiv.
(g/t)
14.31
28.57
0.09
0.12
1.18
2.26
1.18
3
1.86
2.67
0.04
0.08
0.88
1.57
2.15
3.62
1.87
1.55
1.76
1.49
2.73
2.36
4.95
0.39
0.6
0.17
0.17
0.09
0.19
0.51
0.68
1.12
1.74
0.3
0.26
3.5
3.83
1.61
3.54
4.32
10.28
2.88
3.32
1.85
4.64
0.81
1.42
0.57
0.84
1.04
1.7
0.61
0.34
0.98
2.48
2.51
5.79
2.4
2.55
2.09
5.15
2.27
DDH
From (m)
To (m)
U1-18
U1-19
U1-19
U1-2
U1-2
U1-2
U1-2
U1-20
U1-20
U1-21
U1-21
U1-22
U1-22
U1-23
U1-23
U1-24
U1-24
U1-25
U1-25
U1-26
U1-26
U1-27
U1-27
U1-28
U1-29
U1-29
U1-3
U1-3
U1-30
U1-30
U1-30
U1-31
U1-31
U1-32
U1-32
U1-33
U1-33
U1-34
U1-35
U1-35
U1-36
U1-36
U1-37
U1-37
U1-38
U1-38
U1-39
U1-39
U1-4
U1-40
U1-40
U1-41
U1-41
U1-42
U1-42
U1-43
U1-43
U1-44
U1-44
U1-46
U1-46
U1-47
0
0
0
0
4.57
15.24
27.43
0
0
0
0
0
0
0
0
0
4.8
3.5
6.4
0
0
0
3.6
0
0
0
4.21
21
6.1
8.5
13.72
0
0
4.1
6.6
1.52
5.5
0
0
0
0
0
0
0
0
1.52
0
7.01
1.52
0
0.46
7.62
7.62
4.57
22.86
0
0
0.82
13.72
8.75
8.75
0
2.7
9.14
9.14
10.67
7.62
49.44
49.44
22.86
19.81
13.72
6.1
6.1
3.1
7.62
2.9
9.14
9
9.14
9.14
5.49
5.49
6.1
6.1
1.52
18.29
3.5
25.15
25.15
13.72
11.2
29.57
6.1
5.9
9.14
9.14
9.14
9.14
1.55
40.15
40.15
16.15
16.15
9.33
7.5
24.69
21
36.33
23.26
7.62
16.76
16.76
16.76
13
34.14
34.14
10.52
5.1
22.16
17.59
23.47
18.5
7.62
Selected intervals
Horiz.
Zone Name
Tickness (m)
UG225 PIT
2.51
OP05 PIT
9.14
UG225 PIT
9.14
OP05 NORD2
9.81
UG225 NORD2
2.8
OP05 PIT
31.43
UG225 PIT
20.23
OP05 PIT
22.86
UG225 PIT
19.81
OP05 PIT
10.59
UG225 PIT
4.71
OP05 NORD2
4.97
UG225 NORD2
2.53
OP05 PIT
6.74
UG225 PIT
2.56
OP05 PIT
5.53
UG225 PIT
2.54
OP05 PIT
5.26
UG225 PIT
2.56
OP05 PIT
5.41
UG225 PIT
5.41
OP05 PIT
6.02
UG225 PIT
2.47
UG225 PIT
1.03
OP05 PIT
13.28
UG225 PIT
2.54
OP05 NORD2
12.43
UG225 NORD2
2.46
OP05 PIT
7.05
UG225 PIT
2.5
OP05 PIT
14.67
OP05 PIT
2.59
UG225 PIT
2.5
OP05 NORD1
5.03
UG225 NORD1
2.54
OP05 PIT
5.23
UG225 PIT
2.5
OP05 PIT
1.52
OP05 PIT
5.07
UG225 PIT
5.07
OP05 PIT
16.12
UG225 PIT
16.12
OP05 PIT
3.14
UG225 PIT
2.52
OP05 PIT
4.44
UG225 PIT
3.5
OP05 PIT
6.67
UG225 PIT
2.98
OP05 PIT
6.1
OP05 PIT
6.14
UG225 PIT
5.97
OP05 PIT
4.21
UG225 PIT
2.48
OP05 PIT
8.05
UG225 PIT
3.07
OP05 PIT
5.1
UG225 PIT
2.47
OP05 PIT
13.69
UG225 PIT
2.48
OP05 NORD2
3.8
UG225 NORD2
2.52
OP05 PIT
5.68
Thrue
Tickness (m)
2.5
9.1
9.1
9.77
2.79
31.31
20.15
22.77
19.73
10.54
4.69
4.95
2.52
6.71
2.55
5.51
2.53
5.24
2.55
5.39
5.39
5.99
2.46
1.03
13.23
2.53
12.38
2.45
7.03
2.49
14.62
2.58
2.5
5.01
2.53
5.21
2.49
1.52
5.05
5.05
16.06
16.06
3.13
2.51
4.42
3.49
6.64
2.97
6.07
6.12
5.95
4.2
2.47
8.02
3.06
5.09
2.47
13.64
2.47
3.79
2.51
5.66
Au g/t
Cu ppm
5.09
18.74
18.74
2.55
3.09
4.18
5.82
12.24
13.91
3.54
6.67
0.47
0.42
1.06
1.19
1.26
1.74
1.59
2.05
5.54
5.54
1.54
2.04
3.43
0.64
0.83
1.16
2.25
0.55
0.42
0.07
6.86
7.06
1.06
1.78
0.48
0.56
0.51
9.68
9.68
9.06
9.06
3.17
3.59
1.06
1.03
7.41
15.43
0.69
28.47
29.27
5.23
7.88
3.5
7.9
10.99
21.67
1.17
3.73
0.75
0.94
5.93
-----------------------------------------------------------------------------------------------------------------------------
Au Eqiv.
(g/t)
5.09
18.74
18.74
2.55
3.09
4.18
5.82
12.24
13.91
3.54
6.67
0.47
0.42
1.06
1.19
1.26
1.74
1.59
2.05
5.54
5.54
1.54
2.04
3.43
0.64
0.83
1.16
2.25
0.55
0.42
0.07
6.86
7.06
1.06
1.78
0.48
0.56
0.51
9.68
9.68
9.06
9.06
3.17
3.59
1.06
1.03
7.41
15.43
0.69
28.47
29.27
5.23
7.88
3.5
7.9
10.99
21.67
1.17
3.73
0.75
0.94
5.93
DDH
From (m)
To (m)
U1-47
U1-48
U1-48
U1-49
U1-49
U1-5
U1-5
U1-5
U1-5
U1-5
U1-5
U1-50
U1-50
U1-6
U1-6
U1-6
U1-6
U1-6
U1-6
U1-7
U1-7
U1-8
U1-8
U1-9
U1-9
U2-1
U2-1
U2-1
U2-1
U2-1
U2-1
U2-10
U2-10
U2-11
U2-11
U2-11
U2-11
U2-13
U2-13
U2-13
U2-13
U2-14
U2-14
U2-15
U2-15
U2-15
U2-15
U2-16
U2-16
U2-16
U2-16
U2-16
U2-16
U2-16
U2-17
U2-17
U2-17
U2-17
U2-18
U2-18
U2-18
U2-18
0
0
0
0
6
0
5.1
9.14
9.14
36.09
38.07
0.46
12.2
0
1.5
7.62
7.62
30.5
42.37
0.3
2.4
5.7
6.1
3.05
3.05
3.05
6.5
31
33.6
41.06
48.68
110
125
5.8
11.1
35.5
37.5
6.82
9.8
45.89
59.1
15
32.66
8.78
8.78
18.99
18.99
0
3.66
5.5
32.86
32.86
49.35
55
1.52
19.2
58.73
60.26
3.05
9.1
28.8
37.16
5.03
23.01
18.44
9.24
9.24
7.6
7.62
18.9
12.19
54.83
41.03
19.32
18.07
6.1
4
24.8
10.1
45.42
44.9
5.46
5
10.8
8.7
18.5
9.14
9.14
9.14
36.12
36.12
60.87
51.2
152.4
152.4
13.8
13.8
40.8
40.2
17.5
15
64.36
64.36
60
51.39
17.47
11.3
25.3
23.47
3.66
22.19
8.81
41.51
36.2
58.28
58.28
55.11
30.18
61.95
61.33
11.67
11.67
39.11
39.11
Selected intervals
Horiz.
Zone Name
Tickness (m)
UG225 PIT
3.75
OP05 PIT
9.75
UG225 PIT
7.81
OP05 PIT
7.21
UG225 PIT
2.53
OP05 PIT
7.59
UG225 PIT
2.52
OP05 NORD2
9.74
UG225 NORD2
3.05
OP05 NORD1
18.71
UG225 NORD1
2.96
OP05 PIT
8
UG225 PIT
2.49
OP05 PIT
6.08
UG225 PIT
2.49
OP05 NORD2
17.13
UG225 NORD2
2.47
OP05 NORD1
14.88
UG225 NORD1
2.52
OP05 NORD2
5.02
UG225 NORD2
2.53
OP05 PIT
4.95
UG225 PIT
2.52
OP05 PIT
15.42
UG225 PIT
6.08
OP05 NORD1
5.96
UG225 NORD1
2.58
OP05 NORD2
5.01
UG225 NORD2
2.47
OP05 PIT
19.39
UG225 PIT
2.47
OP05 NORD2
3.71
UG225 NORD2
2.4
OP05 NORD2
7.55
UG225 NORD2
2.55
OP05 NORD1
5
UG225 NORD1
2.55
OP05 NORD2
5.05
UG225 NORD2
2.46
OP05 NORD1
8.73
UG225 NORD1
2.49
OP05 NORD2
3.93
UG225 NORD2
1.64
OP05 PIT
8.65
UG225 PIT
2.51
OP05 NORD2
6.28
UG225 NORD2
4.46
OP05 PIT
2.81
OP05 PIT
14.25
UG225 PIT
2.55
OP05 NORD2
6.65
UG225 NORD2
2.57
OP05 NORD1
6.87
UG225 NORD1
2.52
OP05 PIT
35.56
UG225 PIT
7.29
OP05 NORD2
2.14
UG225 NORD2
0.71
OP05 PIT
8.6
UG225 PIT
2.56
OP05 NORD2
10.29
UG225 NORD2
1.95
Thrue
Tickness (m)
3.73
9.71
7.78
7.18
2.52
7.56
2.51
9.71
3.03
18.64
2.94
7.97
2.48
6.06
2.48
17.07
2.46
14.82
2.51
5
2.52
4.93
2.51
15.37
6.06
5.94
2.57
4.99
2.46
19.32
2.46
3.7
2.39
7.52
2.54
4.98
2.54
5.03
2.45
8.7
2.48
3.91
1.63
8.62
2.5
6.26
4.44
2.8
14.19
2.54
6.63
2.56
6.84
2.51
35.43
7.26
2.13
0.71
8.57
2.55
10.25
1.94
Au g/t
Cu ppm
8.55
4.32
5.24
1.39
2.04
2.92
5.5
1.76
3.26
1.3
3.21
1.71
2.61
1.58
2.63
0.81
3.09
1
2.91
2.03
3.19
1.08
1.57
2.75
6.01
1.9
3.29
3.61
6.63
0.7
1.38
0
0
0.52
0.73
0.44
0.53
0.64
0.85
0.19
0.27
0.32
0.54
0.84
1.06
3.82
5.31
0.34
0.89
1.45
1.71
2.37
0.62
0.93
3.26
3.35
6.85
19.54
1.15
2.03
0.48
0.69
--------------------------------------------------------------0
0
-----------------------------------------------------------
Au Eqiv.
(g/t)
8.55
4.32
5.24
1.39
2.04
2.92
5.5
1.76
3.26
1.3
3.21
1.71
2.61
1.58
2.63
0.81
3.09
1
2.91
2.03
3.19
1.08
1.57
2.75
6.01
1.9
3.29
3.61
6.63
0.7
1.38
0
0
0.52
0.73
0.44
0.53
0.64
0.85
0.19
0.27
0.32
0.54
0.84
1.06
3.82
5.31
0.34
0.89
1.45
1.71
2.37
0.62
0.93
3.26
3.35
6.85
19.54
1.15
2.03
0.48
0.69
DDH
From (m)
To (m)
U2-19
U2-19
U2-19
U2-19
U2-2
U2-2
U2-2
U2-2
U2-2
U2-2
U2-20
U2-20
U2-21
U2-21
U2-21
U2-21
U2-22
U2-22
U2-24
U2-24
U2-24
U2-24
U2-25
U2-25
U2-26
U2-26
U2-26
U2-26
U2-27
U2-27
U2-29
U2-29
U2-3
U2-3
U2-30
U2-30
U2-31
U2-31
U2-31
U2-31
U2-31
U2-31
U2-33
U2-33
U2-34
U2-34
U2-37
U2-37
U2-37A
U2-37A
U2-4
U2-4
U2-40
U2-40A
U2-40A
U2-40A
U2-40A
U2-40A
U2-40A
U2-41
U2-41
U2-42
7.04
21.88
28.63
29.63
0
4.11
13
14
30
30.48
0
22.52
18.29
20.3
37.03
42.3
0
3.66
3.05
23.23
56.08
58
32.61
37.19
13.93
23.01
41.88
41.88
7.16
7.16
22.13
29.57
9.36
24
13.17
13.17
3.71
6.71
34.5
35.1
58.22
58.22
12.95
19.05
3.61
24.54
21.5
71.7
0
119
9.15
31.88
0
0
21
51.36
55.6
86.26
86.26
6.71
6.71
7.92
28.1
26.58
37.16
35.51
9.3
8.84
18.5
16.7
32.7
36.58
30.48
29.57
24.38
22.86
44.84
44.84
27.28
9.94
37.06
32.49
66.75
63.6
41.76
40.23
25.54
25.54
47
44.93
12.3
9.7
37.95
35.66
40.2
32.58
18.04
15.7
13.47
9.2
39.6
37.6
63.3
60.7
30.11
27.65
52.49
52.49
108.2
100
294.6
293.7
55.47
51.18
32.54
35.05
25.9
61.72
60.5
89
89
20.73
10.8
46.18
Selected intervals
Horiz.
Zone Name
Tickness (m)
OP05 PIT
16.19
UG225 PIT
3.61
OP05 NORD2
6.56
UG225 NORD2
4.52
OP05 NORD1
8.56
UG225 NORD1
4.35
OP05 NORD2
5.06
UG225 NORD2
2.49
UG225 PIT
2.49
OP05 PIT
5.62
OP05 PIT
19.57
UG225 PIT
4.53
OP05 PIT
6.09
UG225 PIT
2.56
OP05 NORD2
7.81
UG225 NORD2
2.54
OP05 PIT
17.81
UG225 PIT
4.1
OP05 PIT
14.97
UG225 PIT
4.07
OP05 NORD2
4.7
UG225 NORD2
2.46
OP05 PIT
1.52
UG225 PIT
0.5
OP05 PIT
11.37
UG225 PIT
2.48
OP05 NORD2
5.01
UG225 NORD2
2.99
OP05 PIT
5.02
UG225 PIT
2.48
OP05 PIT
12.84
UG225 PIT
4.94
OP05 PIT
8.93
UG225 PIT
2.49
OP05 PIT
4.79
UG225 PIT
2.49
OP05 PIT
9.66
UG225 PIT
2.46
OP05 NORD2
5.05
UG225 NORD2
2.47
OP05 NORD1
5.03
UG225 NORD1
2.45
OP05 PIT
1.5
UG225 PIT
0.75
OP05 PIT
4.28
UG225 PIT
2.45
OP05 NORD2
7.59
UG225 NORD2
2.48
OP05 NORD2
8.09
UG225 NORD2
2.44
OP05 PIT
1.54
UG225 PIT
0.64
OP05 PIT
16.21
OP05 PIT
17.98
UG225 PIT
2.51
OP05 NORD2
5.31
UG225 NORD2
2.51
OP05 NORD1
1.41
UG225 NORD1
1.41
OP05 PIT
8.75
UG225 PIT
2.55
OP05 PIT
18.18
Thrue
Tickness (m)
16.13
3.6
6.53
4.5
8.53
4.34
5.04
2.48
2.48
5.59
19.5
4.51
6.06
2.55
7.78
2.53
17.74
4.08
14.91
4.06
4.68
2.45
1.51
0.5
11.32
2.47
4.99
2.97
5
2.47
12.79
4.92
8.9
2.48
4.78
2.48
9.62
2.45
5.03
2.46
5.01
2.44
1.5
0.75
4.26
2.44
7.56
2.47
8.06
2.43
1.54
0.64
16.14
17.91
2.5
5.29
2.5
1.4
1.4
8.72
2.54
18.11
Au g/t
Cu ppm
1.21
1.99
1.67
2.02
1.22
2.14
0.14
0.16
0.92
0.73
1.38
3.13
0.51
0.55
0.6
1.33
1.38
3.47
2.01
5.2
1.08
1.56
0.8
1.2
0.97
1.99
1.36
2.06
0.34
0.4
1.58
3.08
1.36
1.74
1.29
1.09
0.95
1.83
0.32
0.49
0.41
0.84
4.52
7.64
3.29
5.06
0.74
1.32
0.63
0.77
1.16
1.76
0.12
0.64
0.6
2.39
3.86
1.48
1.48
3.04
8.96
0.51
-----------------------------------------------------------------------------------------------------------------------------
Au Eqiv.
(g/t)
1.21
1.99
1.67
2.02
1.22
2.14
0.14
0.16
0.92
0.73
1.38
3.13
0.51
0.55
0.6
1.33
1.38
3.47
2.01
5.2
1.08
1.56
0.8
1.2
0.97
1.99
1.36
2.06
0.34
0.4
1.58
3.08
1.36
1.74
1.29
1.09
0.95
1.83
0.32
0.49
0.41
0.84
4.52
7.64
3.29
5.06
0.74
1.32
0.63
0.77
1.16
1.76
0.12
0.64
0.6
2.39
3.86
1.48
1.48
3.04
8.96
0.51
DDH
From (m)
To (m)
U2-42
U2-44
U2-44
U2-5
U2-5
U2-7
U2-7
U2-7
U2-7
U2-8
U2-8
U2-8
U2-8
8.5
0
5
7.62
19
10.85
10.85
48.7
54.5
9.4
10.7
29.25
31.8
13.8
12.19
10
32.92
32
16.7
13.8
57.45
57.45
14.5
13.2
34.29
34.29
Selected intervals
Horiz.
Zone Name
Tickness (m)
UG225 PIT
2.52
OP05 NORD1
6.04
UG225 NORD1
2.48
OP05 PIT
4.83
UG225 PIT
2.48
OP05 NORD2
5.01
UG225 NORD2
2.53
OP05 NORD1
7.49
UG225 NORD1
2.53
OP05 NORD2
5.1
UG225 NORD2
2.5
OP05 NORD1
5.04
UG225 NORD1
2.49
Thrue
Tickness (m)
2.51
6.02
2.47
4.81
2.47
4.99
2.52
7.47
2.52
5.08
2.49
5.02
2.48
Au g/t
Cu ppm
1.67
7.1
17.31
1.35
2.08
1.77
3.34
0.61
0.9
0.71
0.85
0.5
0.69
---------------------------
Au Eqiv.
(g/t)
1.67
7.1
17.31
1.35
2.08
1.77
3.34
0.61
0.9
0.71
0.85
0.5
0.69
Geologica Groupe – Conseil Inc.
APPENDIX III – LONGITUDINAL SECTIONS
st
NI 43-101 Technical Report on the Akasaba Project – March 1 , 2013
Alexandria Minerals Corp.
XXX

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