KERR ADD ISDN MINES VANCOUVER OFFICE

P r o p e r t y DATAFDRM

PROPERTY UPDATES

NAME

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INITIATOR^ DATE I NIT. SUBMITTAL SOLICITATION Y/(g> DATA STUDIED Q f b L EXAM PLANNED $>/N_ FIELD EXAM DATE B Y f: h Cfl&

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GEOLOGY

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SUMMARY OF DEVELOPMENT HISTORY

ON THE

WYE CLAIMS (Greenwood Mining D i v i s i o n )

of

ROY D. KREGOSKY

3501 - 16th S t r e e t

VERNON, B.C.

V1T 3X7

Page 1

PROPERTY LOCATION

The 'Wye' c l a i m s are l o c a t e d approximately 5.5 km. southwest

of B e a v e r d e l l , B.C. i n the Greenwood Mining D i v i s i o n . The

p r o p e r t y i s e a s i l y a c c e s s i b l e from B.C. Highway 33 and the Tuzo/

Eugene Creek Roads.

PROPERTY GEOLOGY AND MINERALIZATION

The 'Wye' c l a i m s are u n d e r l a i n by i n t r u s i v e g r a n o d i o r i t e s

b e l o n g i n g to the Nelson B a t h o l i t h of Lower Cretaceous age.

Remnant masses and pendants of a n d e s i t i c v o l c a n i c s of the

A n a r c h i s t Group of T r i a s s i c age are found i n the Nelson s u i t e .

M i n e r a l i z a t i o n c o n s i s t s of p r e c i o u s and base metals i n

quartz v e i n s or shears hosted by the Nelson g r a n o d i o r i t e s .

PROPERTY HISTORY AND DEVELOPMENT

Pre-1970 - L o r i o n Mine

P h y s i c a l development c o n s i s t i n g of 1 major a d i t (160 m.) i

and c r o s s c u t , winze and a number of other s m a l l e r trenches

and open c u t s .

1975 - A r g e n t i a Mines L t d . (NPL)

Assessment Report # 5441 on the 'Doorne' Group

- G e o l o g i c a l and g e o p h y s i c a l (Magnetometer)

- M i n e r a l i z a t i o n - n a t i v e g o l d , bismuth t e l l u r i d e s , c h a l c o p y r i

b o r n i t e , galena and s p h a l e r i t e .

- P r e c i o u s metal assays: Au-.009 - 5.25 oz/ton

Ag-.05 - 29.1 oz/ton

Widths range from 2" to 3 6"

1980 - Maghogany Mining Company L t d .

Assessment Report #8504 on the ' D e l l ' Group - G e o l o g i c a l , geochemical and g e o p h y s i c a l (VLF-EM) surveys.

Page 2

-Pr e c i o u s Metal Assays: Au. - .003 - .842 oz/ton

Ag.- .09 - 4.08 oz/ton

-"Widths vary f r o m . . . l " to 12" or more....Two s i g n i f i c a n t

areas with roughly c o i n c i d e n t z i n c - l e a d - c o p p e r - s i l v e r

anomalies and s e v e r a l p o i n t anomalies were d e l i n e a t e d . "

1981 - Mahogany Mining Company L t d .

Assessment Report #9557 on the ' D e l l ' Group

- G e o l o g i c a l and Geochemical Surveys

- "...the host rock, v e i n p a t t e r n , s t r u c t u r e , m i n e r a l

zoning and r u s t y weathering nature and p a t t e r n of the

two prominent showings on the D e l l are f a i r l y i d e n t i c a l

to those of the a c t i v e Highland B e l l (Beaverdell) mine.."

- "...a d e t a i l s o i l sampling a t 10 m. i n t e r v a l s pinned

down a t l e a s t two s i t e s f o r t r e n c h i n g . . . " Other samples

l o c a t e d a t 50 m. i n t e r v a l s .

- P r e c i o u s Metal Assays: Au. - .042 - .842 oz/ton

Ag. - .58 - 4.80 oz/ton

Pb. - 2.48 - 3.4%

Cu. - .046 - .29%

Zn. - 5.80%

Recommendations by Mr. H. Kim, P. Geol., F. GAC.

"The v e i n s have not been t e s t e d to any depth. The v e i n s

and s t r u c t u r e together with s e v e r a l s i g n i f i c a n t geochemical

anomalies c o u l d e a s i l y be opened by b l a s t i n g , s t r i p p i n g and

then sampled. The pr e s e n t trenches i n the north of Logan Creek

should be clea n e d out and s t r i p p e d f u r t h e r along the s t r i k e

Page 3

of the main v e i n . Geochemically znomalous zones can be

a l s o s u b j e c t e d to d e t a i l e d g e o p h y s i c a l surveys (VLF-EM, I.P

or S.P.) e s p e c i a l l y i n areas of c o i n c i d e n t d i f f e r e n t metal

anomalies and those of sparse outcrop. The unexplored area

should be g e o l o g i c a l l y and geochemically reconnaissanced...

A p r i l 29, 1986 Compiled by:

R.D. Kregosky, BSc.