, 32D05NW2033 2.19560 THACKERAY

SEOPHYSICM. SURVEY

ON THE

THACKERAY LAKE GRID

(NEW NORTH/SOUTH GRID)

THACKERAY TOWNSHIP

LARDER LAKE MINING DIVISION"

DISTRICT OF COCHRANE, ONTARIO

FOR

ALEXANDER H, PERRON

2.19560MISS WENDY K, WELLER

JUNE .10, 1999 GEOTECH

32D05NW2033 2.19560 THACKERAY 010C

SUMMARY. . . . . . . . . . . . . . . . . . . . . . . . . 1)

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

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

GENERAL GEOLOGY, . . . , , , , , , , , , , , , , , . , , 1,2

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

INSTRUMENTATION. . . . . . . . . . . . . . . . .~. . . . 2,3

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

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

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

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

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

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

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

MAPS

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

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

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

GROUND MAGNETOMETER SURVEY MAP No.m/99/mag . . . . IN BACK POCKET

GROUND VLF-EM SURVEY MAP NO. THL/99/vlf . . . . . . . IN BACK POCKET

SUMMARY i)

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

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

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

GEOPHYSICAL SURVEY

ON THE

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

LARDER LAKE MINING DIVISION DISTRICT OF COCHRANE, ONTARIO

INTRODUCTION

The claim group consists of theee (3) (8 Units) contiguous mining claims located in the central southeast corner of Thackerey Township. Access to the property is via the Garrison-Thackeray access road and secondary logging roads. (See Figures la and Ib).

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

On May 11, 1999, new North/South baseline was turned off at claim post Mo. 2 of claim L-982301 Picket lines were established every 200 feet and stations cut and measured at 100 ft. intervals. All line cutting and chaining was performed by Jim Hennessey and crew, two geophysics surveys were completed by Gwen Resources Ltd. All maps, report writing were completed by Miss Wendy K. Weller.

PROPERTY HISTORY

July, 1987 Nov. 22, 1989Aug. 1996 June, 1998 May 11, 1999 May 28, 1999 June 7, 1999

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

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

- Geophysical- Geophysical- Geophysical- Geophysical- Geophysical

Survey Survey Survey SurveySurvey

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

GENERAL GEOLOGY

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

-i

CLAIM LOCATION MAP THACKERAY TOWNSHIP FIGURE la)

|^03 1,047004 j .04700. | 1M700S | ^^

1213840 ,~^~i ~~t——j——-j—-J I0477S4 1047783 I0477SZ | IO477SI

l i

CD ft ——

1 2 1 3 8 3 9— t "- 4 - -I—t-

-i - -4- ~ — -li0 !!!3 r?*8 "2 i Y ' 'f*"?" i li ' ~.*~——l~ — — k— -V-L — — -i— - -t — -|l048C88 i , i —l j l 1047931 i ; 047930

l 1048087 '1048086 IO48IO4 '-—i- - -f- - K-——l——— 4———

-0--- 4-1—— -j- ____ -[----J ___ ,'0*W94'04ao,,8o9zl i .UIBOSJ .1048092~^~ ~h-~l-~

ol 104*100 . l

1 1048099 11048098 l 9S2 , S.-| - - - ——— f - —

" ~ 1~ ~ H ——————"" 1

i r-f\^~'T"670 l 10^ , (048,066 \S- l

g &82I67I l 982166 | 9823O6 l a Arm!!*;.

- -f- J\-Ji'.p-i- -' ^ " ~ ~-eaz l 296 wzr---r — — 4- - -t- — -i-j

" ~ ~ "~ ~'/" i 858993 i 8 58998 j— — -4- — ———l 317255 ' 917254

! 1205720

1 85900 3 )8 58 994 |

Location Map

-2-

and pillowed lavas.

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

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

TOPOGRAPHY

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

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

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

INSTRUMENTATION

Magnetometer Survey:

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

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

Electromagnetic Survey:

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

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

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

-2

FIGURE 1C

TABLE 1 TADLE OF LITHOLOQIC UNITS FOR THE THACKERAY, ELLIOTT, TANNAHILL, AND DOKIS TOWNSHIPS. ^——-————————

PHANEROZOIC CENOZOIC

QUATERNARYPLEISTOCENE AND RECENT

Till, reworked till, oskcr sand and gravel, varved clay, dune land, alluvium end pant

UNCONFORMITY•v

PRECAMBRIANMIDOUe TO LATE PRECAMBRIAN (PROTEROZOIC)

MAPIO INTRU8IVI ROCKSDlabai* and quarts dliba**

INTRUSIVE CONTACT

EARLY PRECAMBRIAN (ARCHEAN) FELSIC INTRUSIVE ROCKS

SYENITIC INTRUSIVE ROCKSEqutgranulnr and porphyritic lycnodlorlts, monionlts, lyenUa, feldspar

porphyry, pegmatite and lamprophyre

INTRUSIVS CONTACT

GRANITIC INTRUSIVE ROCKSQuartz diorite, granodlorlts, trondhjemite, fatdspar porphyry, and hybrid

rocki

INTHUSIVE CONTACT

MAFIC INTRUSIVE ROCKSGabbro, quartz gabbro, dlorlto, quorti diorite, hornblcndo gabbro, and

anorlhosltlc •gabbro

INTrWStVS CONTACT

VOLCANIC ROCKSRHYOLITIC AND OACITIC VOLCANIC ROCKS

Calc-Alkallno SultaMaulva breccia, flow-breccia, pyroclastic breccia, tuff, crvttal tuff, amysda-

told.il, rhyolltle and daclllc roeki foldipar, and quartz porphyry, rhyollllc and dacltlc rocki

Thololltlc SulioSphorulillc tuff and tuff-brocclo. ond cherty tuff, rhyolltlc and daclllc rocVi

BASALTIC AND ANDESITIC VOLCANIC ROCKS Calc-Alkallno Suits

Mas:lvo, plllowod breccia, pyroclastic breccia, tuff and Inpllll-tuff, amygda- loldnl, porphyritic faldjpar bnialllc and andsiltlc rockt ond groonjchiit and amphlbotlto facial, moto-bniolilo and mau-endatltlo rocki

Thololltlc SultoBlack lo dark green. high-Iron, mnulvo. pillowed flow-top broccla, pillow

brcccin. hyoloclastic. variolitic and amygdaloidal basaltic and andcs'ciic rocks nnd Interflow sediments

Grey to groen, hlgh-mognaslum massive, plllowod, flow-top braccla, pillow- brccrlo. hyaloclostlc, porphyritic foldspnr, variolitic and nmyndololtlnl basnlllc rocks and Intardow icdimantt

-3-

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

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

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

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

PRESENTATION AND DISCUSSION OF RESULTS

Detail Magnetometer Survey:

The field data is presented on two maps at a horizontal scale of one inch to two hundred feet, map number THL/99/mag.

The magnetic relief ranged from a low of 57,666 gammas to 58,888 gammas. The magnetic trend is in a north to north east direction.

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

EIectromagheti c Survey:

The field data is presented on the map THL/99/vlf, at a scale of one to two hundred feet, found at the back of this report.

In this survey three distinctive anomalies were found.

CI - Crosses PL3200E 2810N to PL3600E 2910N.This contact is found along the very steep east side of the large glacial esker that borders Thackeray Lake. The vegetation varies from jackpine replant to alder, poplar and birch.

C2 - Crosses PL3200E 2180N to PL3600E 2400N.The contact is found in a small gorge between two very steep glacial eskers.

C3 - Crosses PL3000E 1050S to PL3600E 900S.This contact crosses the top of one of the very steep glacial eskers. The vegetation varies from jackpine replant to alder, birch second growth.

-4-

CONCLUSIONS AND RECOMMENDATIONS

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

There is a large magnetic low band in the center section of the grid mirrored by two large magnetic high anomalies trending in a northeast direction.

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

Respectfully submitted,

June 10, 1999 Miss Wendy K. WellerGeotech

Assessment Data FormType of Work;Prospecting:..................,............ GeologicalPhysicah LINE CUTTING /^CHAINING """"""GeoDhvsical' ^^'^Stenc (i STATION) AND MAGNETOMETER SURVEY

Geochemical:...,........... ......... Drilling:...,.Assays/Analyses:.^...,.,,,.,.,,,.., Other work:.

Cost of Wor k-.. 1.^503.00. ̂ Dollars Ap pi lech s s.^'oib'd

Recorded Holder-. A.H.PERRON/ Survey Company:Nameu^jfcsaURCKA^^Address i.i9AA0J!?HM.LNI.??il.EJ5L ...... Address -..10.3 ^VERN'MEN^ JJOAD _

' ONTARIO P2N IAQ

Start of work:.. - J.iJNEM 6AMi999. - . - .^-iM. End o.fDraughting time'.JujiE^g^igg^^^ .Report' timeCompletion of report i. J.uNE.ip^.iggg... Authori^f.i.s^w^Work performed on claimte)..^ __ ........................L-1185315, L-1225403, "^225975"""""""""""""""""""""""""""""

(2 UNITS) (4 UNITS) (2 UNITS)

Work applied to claim(s)......_.__............................-L".?AL8.?.6̂ ..kA2J.8AZA.k-A^

L-821834, L-822328, L-822329, L-822330, L-822332, L-822333

Persons who performed 'work (supervisor first):.GWEN RESOURCES LTD.

******""**"******"W***"***!**a*^***MW******™***a HAA^M^AOMHVM H a M ••••*BHkA*K*HH

WENDY K. WELLER

J. HENNESSEY AND CREW

"W r

-6-

Technical Data:Line (miXkm):..2.00^FT^100.FT.^__^ Line traversed!....,No. of samples/stations;... 3!?......... Line/picket spacing:ELECTROMAGNETIC SURVEY? Opetatorr.MissjENDY

l 4~ l yInstrument'...GEONICS.^^.....—...- Accuracy.....:....1. Pmi f*flnf iauration: , vDoil separations^^ \J 11 w w iiii y w i vi 11 v i**,^^^^^a^^j*B.,mi(i(**Ba*n**i*o*** r ***

Method i...^^J-^^iyS........... Parairieters:J.NPHASE.A.aiiAjiRATi)REVertical scale: l INCH B..:...40.*........ - Horizontal scale-.A,

Operational technique;,......._,................ALL READINGS TAKEN FACING NORTH 90 0 TO STATION

MAGNETIC SURVEY'. ..

Base stationLJiLlt^L—.........—." Diurnal method^Base station t^L3.0.±l^Lll..:......Contour interval ^...... Dalumn subtractedd^0l.GAM.MAS .Contoured by^..^Lw.^L^.y.ELLE.R.. Horizontal Operational..............................i -......-...-...--. -......-.---............ ................\..

INDUCED POLARIZATION SURVEY'Transmitter usedi....................... Receiver used-.._......Method:........................................ Frequency:...^..........On timet...................................^ Rang o:........................Off time..................................l..... Delay time:.................Power source^........................,... Output'-......................Electrode array:......,................. Electrode spacing:.....Readings taken:.......................... Other data;..............Operational technique 1......................,..................

BIBLIOGRAPHY

ONTARIO GEOLOGICAL SURVEY

REPORT #165

GEOLOGY OF THACKERAY, ELLIOTT, TANNAHILL AND

DOKIS TOWNSHIPS

DISTRICT OF COCHRANE

L.S. JENSEN 1978

M. GREER

M. GREER

1989, GEOPHYSICAL SURVEY

1987, GEOLOGICAL SURVEY

WENDY K. WELLER 1996, GEOPHYSICAL SURVEY

WENDY K. WELLER

WENDY K. WELLER

Wendy K. Weller

Wendy K. Weller

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

Geophysical Survey onMcKinley Lake Grid (New North/South Grid)Thackeray TownshipMay 11, 1999

1999. GEOPHYSICAL SURVEY ON MCKINLEY LAKE GRID (NEW NORTH/SOUTH GRID) THACKERAY TOWNSHIP, LARDER LAKE MINING DIVISION, DISTRICT OF COCHRANE, MAY 28, 1999

1999, Geophysical Survey on the McKinley Lake Grid (New North/South Grid) Thackeray Township, Larder Lake Minine Division, District of Cochrane, Ont. June 7, 1999

. y. --8-

CERTIFICATE

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

certify:

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

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

P2N IR6,

2) Thnt T grnduntrrl from t.hn llfiilnyhury School nf Mini xr. -T. a certified Diamond Driller in 1913Z. I have had a -ji.akmy licence for the past 9 years.

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

for l year.

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

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

5) That I supervised and participated in this survey.

Wendy K. Weller Geotech

WORK PERFORMED ON THE FOLLOWING CLAIMS THACKERAY TOWNSHIP

L-1185315 (2 UNITS)

L-1225403 (4 UNITS)

L-1225975 (2 UNITS)

TOTAL OF 3 CLAIMS 8 UNITS

Ontario Ministry olNorthern Developmentand Mines

Declaration of Assessment Work Performed on Mining LandMining Act, Subiacilon 85(2) and 06(3). R.S.O. tflflO

Transaction Number (ellice use)

Assessment Files Research Imaging

l subsections 65(2) and 66(3) ol the Mining Act. Under section 8 ol the evlew the assessment work and correspond with the mining land holder. Recorder. Ministry ol Northern Development and Mines, 6th Floor.

32D05NW2033 2.19560 THACKERAY 900

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

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

ALEX H. PERRON/GWENRESOURCES LTD/PERREX RESOURCES INC.Address

103 GOVERNMENT ROAD EAST,

KIRKLAND LAKE, ONTARIO P2N IA9

ALEXANDER H. PERRONAddress

103 GOVERNMENT ROAD EAST,

KIRKLAND LAKE, ONTARIO P2N IA9

Client Number

#181257 - #140281 - #181187Telephone Number(705) 567-3001

Fax Number(705) 567-2158

Client Number#181257

Telephone Number

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

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

m Geotechnical: prospecting, surveys, assays and work under section 18 (regs) D Physical: drilling, stripping,

trenching and associated assaysWork Type

LINE CUTTING AND CHAINING MAGNETOMETER AND ELECTROMAGNETIC SURVEYS

Dales Work ne ne no•-i j j From UO Uu .7.7 Performed rrom uu uu jjDtf \ Monlh j Ytit

Global Positioning System Data (il available)

To 10 1O.y |

06 99Month '| Yin

Township/AreaTHACKERAY/ELLIOTT

M or G-Plan Number

[ | Rehabilitation

Office Use

Commodity

Total S Value of Work Claimed

NTS Reference

Mining Division

Resident Geoloq District Jx

List

^503

fuV^, Ijo,

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

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

MISS WENDY K. WELLERAddress

103 GOVERNMENT RD.E., KIRKLAND LAKE, ONTARIO P2N IA9

Telephone Number(705) 567-3001

Fax Number(705) 567-2158

Telephone Number

Address Fax Number CARDER LAKE

4. Certification by Recorded Holder or Agent 9560WENOY K. WELLER .— , do hereby certify that l have personal knowledge of the facts set

(Prinl Name)

forth in this Declaration of Assessment Work having caused the work to be performed or witnessed the same during or after its completion and. to the best of my knowledge, the annexed report is true.

Signature ol Recorded Holder orWjen

Agent's Address Telephona Number

103 GOVERNMENT RD.E..KIRKLAND LAKE, ONT.P2N IA9 (705) 567-3001

Dale

JUNE 10, 1999Fax NumbBf

(705) 567-2158

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

Mining Claim Number. Or il work was done on other eligible mining land, show In this column the location number Indicated on the claim map.

eg

eg

eg

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

TB 7827

1234567

1234568

L-1185315

L-1225403

L-1225975

L-821826

L-821827

L-821828

L-821829

L-821830

L-821831

L-821832

L-821833

L-821834

L-822328

L-822329

L-822330

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

16 ha

12

2

2

4

2

1

1

1

1

1

1

1

1

1

1

1

1

Column Totals

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

526, 825

0

S 8. 892

S 1,277.00

S 2,379.00

S 1,847.00

S 5,503.00

Value of work applied to this claim.

N/A

S24.000

S 4.000

S 270.00

S 400.00

S 400.00

S 400.00

S 400.00

S 400.00

S 400.00

S 400.00

S 400.00

S 400.00

S 400.00

S 400.00

S4,670.00

Value of work attlgned lo other mining claims.

S24.000

0

0

S 1,277.00

S 2.379.00

S 1,814.00

S 5,470.00

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

S2.825

0

14.892

S 33.00

S 33.00

l, WENDY K. WELLER , do hereby certify that the above work credits are eligible under(Print Full Name)

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

the claim where the work was done.Signature ol Recorded Holder or

JUNE 10, 1999

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

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

you wish to prioritize the deletion of credits:

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

d 2. Credits are to be cut back starling with the claims listed last, working backwards; or

O 3. Credits are to be cut back equally over all claims listed in this declaration; or

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

Note: If you have not indicated how your credits are to be deleted, credits will be cut back from the Bank first, followed by option number 2 if necessary. f^ ^

For Office Use OnlyReceived Stamp

0241 (02/96)

Oeamed Approved Dale

Date Approved

Dale Notification Sent

Tolal Value of Credil Approved

Approved lor Recording by Mining Recorder (Signature)

Ontario SSovolopmont

ALEXANDER H. PERRON GWEN RESOURCES LTD. PERREX RESOURCES INC.

bcneauie tor Declaration or Assessment Work on Mining Land

CLIENT NO. #181257CLIENT NO. #140281CLIENT NO. #181187.

Nuniuur (

Mining Claim Number. Or If work was done on other eligible mining land, show In this column the location number Indicated on the claim map.

16

17

18

19

20

21

2223

24

25

26

27

28

2930

31

3233

34

3536

37

38

39

40

41

4243

44

4546

4748

49

50

L-822332

L-822333

-^frfjc^A \\\\f"V itf\^^

————————— FL

————————— Wtt

Number of Ctaln Unite. For other mining land, list hectares.

1

1

. ̂ * -*-^-*^ - * ^•"' \ r^,^;"v--\ ,Jf -J^u ̂

•*, "- --..si V l^: "A v

^*^^^

ECEIV&PRDER LAKE 1HO DIVISION

.u.. * f\ 1*00•un *v i?"

fU:^

Column Totals

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

ir——

^r!

S5,503.00

Value of work applied to Ihle claim

S 400.00

S 400.00

t

2Wu* '

35,470.00

Velu* of work atelgnad to other mining claims

f ' - "i fL+r / ""1il 4 * tJI. t-f U V

. x

S 5,470.00

Bank. Value of work to be distributed at a future date

-O——

S 33.00

Ontario Ministry olNorthern Developmentand Mines

Statement of Costs for Assessment Credit

Transaction Number (ellice use)

Personal Information collected on this form Is obtained under tho authority ol subsection G(1) of tho Assessment Work Regulation 6/96. Under section 8 of the Mining Act, the Information Is a public record. This Information will bo used lo review Iho assessment work and correspond with the mining land holder. Questions about this collodion should bo directed lo the Chicl Mining Recorder, Ministry ol Northern Development and Mines. 6th Floor, 933 Ramsay Lake Rood, Sudbury. Ontario, P3E 605.

Work Type

LINE CUTTING A CHAINING

MAGNETOMETER SURVEY

ELECTROMAGNETIC SURVEY

Associated Costs (e.g. supplies,

Units ol WorkDepending on the typo of work, lisl the number of hours/dnys worked, moires ol drilling, kilo metres of grid line, number of samples. Glc.

10.58 KM X S275.00 KM

10.58 KM X S105.00 KM10.58 KM X 1110.00 KM

mobilization and demobilization).

^zr^T^pTv^D-U 1 1--"' ' j1 JUN 1 Q '^\L— — — —

Transportation Costs

1 TRUCK X 4 DAYS X 102 KM X ,30/KM

1 4 WHEELER X 335.00/DAY X 4 DAYSFood and Lodging Costs

2 PEOPLE X 4 DAYS X S7.007DAY

RECEIVED

Cost Per Unit of work

Total Cost

S 2,910.00

S 1,111.00S 1,164.00

-

S 122.00

S 140.00

S 56.00

MINING DIVISION Totcl Vall)C of Asses3rnRnl Worl' S 5,503.00

JUN101999Calculations of Filing Discounts: J C)'

1. Work filed within two years of performnnco is nl.-iimed at 100"Xn ol llio nliow- Toinl Vnluc of Assessment Work.2. If work is filed after two years and up to five years alter performance, it can only be claimed at 5007o of the Total

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

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

Note:- Work older than 5 years Is not eligible for credit,- A recorded holder may be required to verify expenditures claimed In this statement of costs within 45 days of a request for verification and/or correction/clarification. If verification nnrl/or corroctlon/clarlllcntion Is not mado, Iho Minister may reject all or part of the assessment work submitted.

Certification verifying costs:WENDY K. WELLER

11 ———— , do hereby certify, that the amounts shown are as accurate as may(ploase print full namo)

reasonably be determined and the costs were incurred while conduciing assessment work on the lands indicated on

the accompanying Declaration of Work form as

to make this certification.

rncordod holdor, Oflcnl. or st;iicst;iici toinp^v IM \v- i^'

A fr llil arrjuiM'rmih.ij

'C? authorize--

Signature Dale

.IIINF in 1 QQQ

OntarioMinistry of Ministere duNorthern Development Developpement du Nordand Mines et des Mines

Geoscience Assessment Office 933 Ramsey Lake Road

July 12, 1999 6th FloorSudbury, Ontario

Wendy K. Weller P3E 6B5ALEXANDER H. PERRON103 GOVERNMENT RD. EAST. Telephone: (888) 415-9846KIRKLAND LAKE, Ontario Fax: (877)670-1555P2N-1A9

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

Dear Sir or Madam: Submission Number: 2.19560

Status Subject: Transaction Number(s): W9980.00372 Deemed Approval

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

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

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

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

Yours sincerely,

ORIGINAL SIGNED BYBlair KiteSupervisor, Geoscience Assessment OfficeMining Lands Section

Correspondence ID: 13991

Copy for: Assessment Library

Work Report Assessment Results

Submission Number: 2.19560

Date Correspondence Sent: July 12, 1999 Assessor: Bruce Gates

Transaction First Claim Number NumberW9980.00372 1185345

Section:14 Geophysical MAG 14 Geophysical VLF

Township(s) l Area(s)THACKERAY-

StatusDeemed Approval

Approval Date

July 12, 1999

Correspondence to:Resident Geologist Kirkland Lake, ON

Assessment Files Library Sudbury, ON

Recorded Holder(s) and/or Agent(s):Wendy K. Weller ALEXANDER H. PERRON KIRKLAND LAKE, Ontario

GWEN RESOURCES LTD. KIRKLAND LAKE, Ontario

PERREX RESOURCES INC. KIRKLAND LAKE, Ontario

Page: 1Correspondence ID: 13991

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REFRENCES

Af'FAS WlfHD^A'.VN F POM

(Ri) SURFACE AND MNMG RIGHTS WITHDRAWN FROM STAKING

N.R.W. fii/83 DEC E. 1969

HAW. 63 /*3 RlfiCINPeO MARCH 25 /BS AA Of JANUARY 26, 1985 DECLARED A PROVINCIAL PARK

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

NOTICE OF FORESTRY ACTIVITYTHIS TOWNSHfP t AREA FALLS WITHIN THE ———

ABITlpi MANAGEMENT jJNITAND MAY~BtfSUBJECT ToTbflESffff OPCRATIONS, THE MNR UWT FORESTER FOR THIS AREA CAN BE CONTACTED AT: P.O. BOX 129

SWASTIKA, GNT.

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Contacts

INSTRUMENTATION

Instrument used McPhar GP

Datum* subtracted 57000 tt

2,19560

OWEN RES

THACKERAY LAKE GRID

THACKERAY TOWNSHIP

LARDER LAKE

MINING DIVISION

GROUND MAGNETOMETER

SURVEY 1999

REPORT BY WKWELLER

DRAFTED BY J R HENNESSEY

DATED JUNE 1999

MAP-N O.

SCALE

200'

200 O 200 400

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