rpt on linecutting & geophys michaud tp...report on linecutting and geophysics noranda inc....

73
Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09 Work performed from October 12, 2004 to November 25, 2004 Report completed December 22, 2004 by Allan Huard, P.Geo. (Ontario) Noranda Inc. Laval, Quebec JAN 0 5 42A09SE2050 2.29029 MICHAUD Q10 Noranda Inc./ Falconbridge Limited 3296 Francis-Hughes Avenue FAICON8RIDGE Laval, Quebec, Canada H7L 5A7 Tel (450) 967-7043 Tel (450) 668-2112 Fax (450) 967-7873 Fax (450) 668-2929 j www.noranda.com www.falconbridge.com

Upload: others

Post on 25-Oct-2020

7 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

Report on Linecutting and GeophysicsNoranda Inc. "Moneta - Michaud Property"

Claims 1240793, 1240795 and 1248402Michaud Township - NTS 48A/09

Work performed from October 12, 2004 to November 25, 2004

Report completed December 22, 2004by

Allan Huard, P.Geo. (Ontario)Noranda Inc.

Laval, Quebec

JAN 0 5

42A09SE2050 2.29029 MICHAUD Q10

Noranda Inc./ Falconbridge Limited

3296 Francis-Hughes AvenueFAICON8RIDGE

Laval, Quebec, Canada H7L 5A7Tel (450) 967-7043 Tel (450) 668-2112 Fax (450) 967-7873 Fax (450) 668-2929

j www.noranda.com www.falconbridge.com

Page 2: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

Table of Contents

IntroductionPrevious Work2004 Work ProgramConclusions and RecommendationsStatement of QualificationsReferences

22241011

Figure 1 Figure 2 Figure 3 Figure 4 Figure 5 Figure 6

List of Illustrations

Property and Grid LocationMag Survey - posted data and contoursMag Survey - contoured and colouredIDEM Survey - posted channel 10-"X" and profilesIDEM Survey - contoured and colouredCompilation

356789

Appendix 1 Appendix 2 Appendix 3 Appendix 4

List of AppendicesPersonnel and ContractorsExpendituresMag Survey instrumentationIDEM Survey Instrumentation, Logistics and Profiles

Page 3: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

IntroductionThis report describes a program of linecutting and geophysics conducted on Claims 1240793, 1240795 and 1248402, which are held by Noranda Inc. (3296 Francis-Hughes Avenue, Laval, Quebec, H7L 5A7; phone (450) 668-2112)). The claims are located 30 km east of Matheson, and access is provided by Highway 101, which cuts the southern part of the claims. Claim details are provided below and are shown on Figure 1, which also shows the grid location.

Claim124079312407951248402

RecordedJune 27, 2000June 27, 2000June 5, 2001

Units6210

Work Required24008004000

ExpiryJune 27, 2005June 27, 2005June 5, 2005

A list of personnel and contractors who did work on the property, and the dates represented, is provided in Appendix 1. Costs of the program are provided in Appendix 2. This report was produced between December 20 and December 22, 2004. The objective was to investigate MegaTEM conductors revealed by the 2003 Discover Abitibi MegaTEM program.

Previous WorkHistorical work relating to gold mineralization dates back to 1900 and by the 1950's, additional efforts were directed towards discovery of asbestos deposits.

Michaud township was systematically mapped by J. Satterly in 1946 (ODM Map 1947-3). The area of the property was shown to be underlain by mafic volcanic rocks, although overburden cover was extensive.

The area south and east of the MegaTEM conductors was the subject of a brief mapping program for AMAX: in 1979 (Willimason, 1979). Basalt and diabase outcrops were described, although most of the property was covered by thick overburden.

Mag, VLF and HLEM surveys were conducted on a large grid by Golden Range Resources in 1984 (Tittley, 1984). The grid encompassed some of the present property and the objective of the program was to find gold deposits on splays of the Destor - Porcupine Fault system.

Two drillholes were completed on gold targets by Noranda in June, 1986 (AFRI 42A09SE0322). GR-86-02 was collared on the present property and ended in a zone of sheared, carbonatized andesite with quartz-pyrite veins. 13 of 14 samples returned background values, with the other sample returning 0.2 g/t Au. Traces of sphalerite were noted in a quartz diorite intrusion.

Another mapping program was undertaken by Noranda on behalf of Golden Range Resources (Dunbar, 1986) in July, 1986. The north limit of this mapping was -150 m south of the MegaTEM conductors which are the focus of the current program. Gabbro was described south of the present property.

Four drillholes were completed by Golden Range Resources in June of 1988 (AFRI 42A09SE0301). Two of these (GRM-88-03, GRM-88-04) were on the south end of the present property and both intersected pyrite and pyrrhotite in graphitic intervals within mafic volcanic sequences. No basemetals were noted and no anomalous gold concentrations were returned.

The property was included in the Discover Abitibi MegaTEM program in 2003.

2004 Work ProgramLinecutting was conducted by Services Exploration of Rouyn, Quebec, between October 12 and Ocotber 19, 2004. The grid location is shown in Figure 1. GPS readings were taken on the baseline after it was cut to position it property.

Page 4: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

w/cnauol/ ownsnip

-30 km to Matheson

Figure 1 Blue outline shows 3 claims of Moneta - Michaud Project. 3 red circles near centre of the god are MegaTEM conductors selected for foilowup

Page 5: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

A total field magnetics survey was run by Services Exploration of Rouyn, Quebec immediately after the grid was completed. The magnetomer was a GSM-19 "Overhauser"-type mag and data was corrected for drift with an automatic recording base station. Description and specifications of the mag are provided in Appendix 3. Posted data is shown on Figure 2 and coloured magnetics are shown on Figure 3. Total magnetic relief is about 900 nT. A mag high occurs on the most eastern and western lines at about 300 m north of the baseline. It is strongest on Line 0+OOE, where it is about 300 nT above background.

A ground TDEM survey was run on 7 lines by Quantech, of Timmins, Ontario between November 23 and November 25, 2004. Instrument specifications, logistics report and a complete set of profiles are provided in Appendix 4. Data is also presented as posted channel 10-"X" component on Figure 4, and as a series of coloured maps of various times on Figure 5. The strongest response is on Line 2E, where a broad and relatively weak "X" component response is present in the early channels but decays rapidly and migrates northward away from the loop edge. This, and lack of a dear "Z" component crossover suggests the response is due to a broad zone of low conductivity, possibly related to overburden which is suspected to be deep in this area.

Conclusions and RecommendationsThe TDEM survey did not reveal a discrete strong conductor suggestive of sulphide mineralization. Nor does the weak, broad TDEM response have a clear magnetic correlation. No drill target is apparent from these results so no additional work for VMS-style mineralization is warrranted at this time.

Page 6: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

bri\ '-

t iy /'

x L,~ i

/K

-fK ft

100

/ijj /ssg ^ f'^ c M 9 if * t. ^ e

//////7^ ^ ^^ ,'^S1* :Sg3 .'^g^ ~

_ ^*iiJ*

D 100 '^?

metres -^--, \ •*S?*

2 - Tofa/ fieW mag. Posted data and contours at 25 and 100nT.

Page 7: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

Figure 3 - Total field mag Contours at 25 and 100 nTon coloured image.

Page 8: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

4: TDEM X-Coil channel 10 profiles and posted data.

Page 9: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

Channel 5 "X" component Channel 10 "X" component

f C

i ,

Channel 15 "X" component Channel 20 "X" component

Figure 5 Coloured "X"-component IDEM for channels 5,10,15 and 20 Amplitude is tow and decay "5 rapid.

Page 10: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

MegaTEM conductors (red) with mag higtis (purple) and channel f O-"X" component TDEM anomaly (black), from figures below

Axis ofmaghigi) from coloured mag (left) and broad X peak f tom TDEM channel 10- "X" component (right) reveal a weak conductor with no clear mag association

Page 11: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

LL

L LL

Statement of Qualifications

l, Allan Andrew Huard declare thai,

l am a geologist and have been employed continuously with Norands Inc. since May, 1986. My address is 234 Allancroft Crescent, Beaconsfield, Quebec, H9W 1 L7.

l graduated from St. Francis Xavier University In Antlgonish, Nova Scotia with a B. Se. (First Class Honours) Degree in geology In 1964. l graduated from Memorial University of Newfoundland in St. John's, Newfoundland with an M. Se. Degree in geology in 1989. l am a Practicing Member of the Association of Professional Geoscientists of Ontario (#204). l am a Practicing Member of the Association of Professional Engineers and Geoscientists of the Province of British Columbia (#28972).

l supervised the programs reported here, but have not visited the property, l wrote this report and completed it on December 22, 2004.

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, the omission of which would make this reportmisleading.

My only association with the property and its vendor is as an employee of Noranda Inc. l have no t nancial interest of any sort with the property or it's vendor, nor will l receive any.

Dated at Laval. Quebec on

Allan HuardSenior Project GeologistNoranda Inc.

10

Page 12: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

References

Durham Geological Services Inc.; 1988: Logs, sections and maps for a 4 hole diamond drill program in Michaud Township. AFRI 42A09SE0301.

Dunbar, Paul; 1986: Report on Detailed Geological Mapping on the Property of Golden Range Resources, Inc. Michaud Township, District of Cochrane, Ontario. AFRI 42A09SE0321.

Noranda Exploration Company, Ltd.; 1986: Logs, sections and maps for a 2 hole diamond drill program in Michaud Township. AFRI 42A09SE0322.

Satterly, J.; 1947: Map of Michaud Township. ODM Map 1947-3.

Tittley, H. Z.; 1984: Report on Geophysical Surveys on the Property of Golden Range Resources in Michaud Township, District of Cochrane, Ontario. AFRI 42A08NE0095.

Williamson, Brian; 1979: Report on a Geological Survey, Matheson Claims, Michaud-2, for Amax Minerals. AFRI 42A09SE0287.

11

Page 13: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

Appendix 1 Personnel and Contractors

Personnel (Noranda Inc.)Allan Huard, Laval, Quebec December 20 - 22, 2004 Report Writing

ContractorsServices Exploration, Rouyn, Quebec

Quantech, Timmins, OntarioOctober 12 -19, 2004

November 23 -25, 2004Linecutting, Mag

IDEM

Appendix 2 Expenditures

LinecuttingMagIDEMArgo rentalTruck 81 gasReport Writing

7.3km5.5 km3 days3 days

S400 1 kmSlOO/km

S1 500 1 dayS1 00 1 day

2920550

4500300

50800

Total 9120

Page 14: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

Appendix 3 Mag Instrumentation

Page 15: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

OverhauserMagnetometer VLF (GSM-19

lEM's unique Overhause system combines data quality, survey efficiency and options into an instrument that matches costlier optically pumped cesium capabilities.

r

And the latest v6.0 technology upgrades provide even more value, .including:

___ d GPS option (tne only system with fully built-in GPS)

259/0 increase in sensitivity over GEM's v5.0 system

Enhanced memory (increased by 8 times to 4 Mbytes standard and expandable to 32 Mbytes)

Programmable base station (for scheduling base stations in one of three modes)

Rapid data transfer (using the advanced GEMLinkW software)

Internet-based upgrades (from the office or field)

And all of these technologies come complete with the most attractive prices and warranty in the business!

Overhauser (GSM-19) console with sensor and cable. Can also be configured with additional sensor for gradiometer(simultaneous) readings.

The GSM-19 v6.0 Overhauser instrumentis the total field magnetometer t gradiometer of choice in today's earth science environment representing a unique blend of physics, data quality, operational efficiency, system design and options that clearly differentiate it from other quantum magnetometers.

With data quality exceeding standardproton precession and comparable to costlier optically pumped cesium units, the GSM-19 is a standard (or emerging standard) in many fields, including:

o Mineral exploration (ground and airborne base station)

u Environmental and engineering

o Pipeline mapping

o Unexploded Ordnance Detection

o Archeology

o Magnetic observatory measurements

o Volcanology and earthquake prediction

Taking Advantage of the Overhauser Effect

Overhauser effect magnetometers are essentially proton precession devices - except that they produce an order-of-

magnitude greater sensitivity. These "supercharged" quantum magnetometers also deliver high absolute accuracy, rapid cycling (up to 5 readings l second), and exceptionally low power consumption.

The Overhauser effect occurs when aspecial liquid (with unpaired electrons) is combined with hydrogen atoms and then exposed to secondary polarization from a radio frequency (RF) magnetic field.

The unpaired electrons transfer their stronger polarization to hydrogen atoms, thereby generating a strong precession signal - that is ideal for very high- sensitivity total field measurements.

In comparison with proton precession methods, RF signal generation also keeps power consumption to an absolute minimum and eliminates noise (i.e. generating RF frequencies are well out of the bandwidth of the precession signal).

In addition, polarization and signal measurement can occur simultaneously -- which enables faster, sequential measurements. This, in turn, facilitates advanced statistical averaging over the sampling period and/or increased cycling rates (i.e. sampling speeds).

Other advantages are described in thesection called, "GEM's Commercial Overhauser System" that appears later in this brochure.

Page 16: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

Maximizing Your Data Quality withtheGSM-19

Data quality is a function of five key parameters that GEM has taken into consideration carefully in the design of the GSM-19. These include sensitivity, resolution, absolute accuracy, sampling rates and gradient tolerance.

Data from Kalahari Desert kimberlites.Courtesy of MPH Consulting(project managers), IGS c. c.

(geophysical contractor) and AegisInstruments (Pty) Ltd., Botswana.

Sensitivity is a measure of the signal-to- noise ratio of the measuring device and reflects both the underlying physics and electronic design. The physics of the Overhauser effect improves sensitivity by an order of magnitude over conventional proton precession devices. Electronic enhancements, such as high-precision precession frequency counters (see the v6.0 - New Milestones section) enhance sensitivity by 25^o over previous versions.

The result is high quality data with sensitivities of 0.015 nT l -J'Hz or better This sensitivity is virtually the same as the sensitivity of costlier optically-pumped cesium systems.

Resolution is the minimum step of the counter used to measure precession frequency and its conversion into magnetic field. It is generally higher (an order of magnitude) than the sensitivity to avoid a contribution of the counter to overall system noise- The GSM-19 has unmatched resolution (0.01 nT).

This level of resolution translates into well-defined, characteristic anomalies; improved visual display; and enhanced numerical data for processing andmodeling.

Absolute accuracy defines maximum deviation from the true value of themeasured magnetic field. Since nobody really knows the true value of the field, absolute accuracy is determined by

considering factors involved in determining the field value and their accuracy, including the gyromagnetic constant, maximum offset of the time base frequency, etc .

With an absolute accuracy of +I- 0.1 nT, the GSM-19 is ideal for total field work and gradient measurements maintain the same high standard of quality. Both configurations are also specially designed to minimize overall system noise so that you can be sure that your results truly reflect the geologic signal that is of most interest to you.

Sampling rates are defined as the fastest speed at which the system can acquire data. This is a particularly important parameter because high sampling rates ensure accurate spatial resolution of anomalies and increase survey efficiency.

GEM's Overhauser system has three "measurement modes" or maximum sampling rates - "Standard" (3 seconds i reading), "Walking" (0.5 seconds l reading) and "Fast" (0.2 seconds / reading). These rates make the GSM-19 a versatile system for all ground uses (including vehicle-borne applications).

Gradient tolerance is the ability to obtainreliable measurements in the presence of extreme field variations. GSM-19 tolerance is maintained through internal signal counting algorithms, sensor design and Overhauser physics. For example, the Overhauser effect produces high

HW2-

eui*;

i

*F '

f

f '

*4 's

A ^^i A/Uv \ i V v^\"^ P \

VJ N to 1V*

260 *W iOG BOO 1900 Tin* 1 1 Mr Dm) oytfng)

. .- . -- -

,l. tl: .1.1 B.I |.t[

rvrp . i feiim r**??'

\l

13

l

(f

00

so

Total Field and Stationary Vertical Gradient showing the gradient largely

unaffected by diurnal variation.Absolute accuracy is also shown to be

very high (0.2 nT/meter).

amplitude, long-duration signals that facilitate measurement in high gradients.

The system's tolerance (10,000 nT / meter) makes it ideal for many challenging environments ~ such as highly magnetic rocks in mineral exploration applications, or near cultural objects in environmental, UXO or archeological applications.

Near-Contiiuous Surveys In prove DC fn it ion of Magnetic Anomalies

66000 -

66000 -

~630QQ -

c 62000

o 81000 li^ BOQDO

58000

57000

56000

OSM-19 W*fcng Mtg

Sltiidtid Utg

50 100 125 Posfton(m)

150 175 200 n. u c - u i * ft M t a teonm m m

Much like an airborne acquisition system, the GSM-19 "Walking" magnetometeroption delivers very highly-sampled, high sensitivity results that enable very

accurate target location and /or earth science decision-making.

Page 17: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

Increasing Your Operational Efficiency

Many organizations have standardized their magnetic geophysical acquisition on the GSM-19 based on high performance and operator preference. This reflects enhancements such as memory capacity; light weight; GPS and navigation; no warm-up time; no dead zones or heading errors; and dumping and processing.

Memory capacity controls the efficient daily acquisition of data, acquisition of positioning results from GPS. and the ability to acquire high volumes of data to meet daily survey objectives.

V6.0 upgrades have established the GSM-19 as the commercial standard for memory with over 262,000 readings (based on a basic configuration of 4 Mbytes of memory and a survey with time, coordinate, and field values).

Optional increments up to 32 Mbytes increase memory to over 2 million readings - making the GSM-19 an ideal system for acquisition of data with integrated GPS readings (when required).

Portability characteristics (ruggedness, light weight and power consumption) are essential for operator productivity in both normal and extreme field conditions,

GEM's Overhauser magnetometer is established globally as a robust scientific instrument capable of withstanding temperature, humidity and terrain extremes. It also has the reputation as the lightest and lowest power system available -- reflecting Overhauser effect

and RF polarization advantages.

In comparison with proton precession and optically pumped cesium systems, the GSM-19 system is the choice of operators as an easy-to-use and robust system.

GPS aridjiavicjalion options are increasingly critical considerations for earth science professionals.

GPS technologies are revolutionizing data acquisition enhancing productivity, increasing spatial resolution, and providing a new level of data quality for informed decision-making.

As an innovative technology developer, GEM has made GPS a cornerstone of its magnetic R&D program. Real time GPS and DGPS options are now available in different survey resolutions. For more details, see the GPS and DGPS section.

GEM has also developed a GPS Navigation feature with real-time coordinate transformation to UTM, local X-Y coordinate rotations, automatic end- of-line flag, guidance to the next line, and survey "lane" guidance with cross-track display and audio indicator.

Other enhancements include way point pre-programming of up to 1000 points. Professionals can now define a complete survey on their PC and download points to the magnetometer via RS-232 connection - before leaving for the field.

The operator then simply performs the survey using the way points as their survey guide. This capability decreases survey errors, improves efficiency, and ensures more rapid survey completion.

Dumping and processing effectiveness is also a critical consideration today. Historically, up to 60"7o of an operator's"free" time can be spent on low-return tasks, such as data dumping.

Data dumping times are now significantly reduced through GEM's implementation of high-speed, digital data links (up to 115 kBaud).

This functionality is facilitated through a new RISC processor as well as GEM's proprietary GEMLinkW acquisition t display software. This software serves as a bi-directional RS-232 terminal. It also has integrated processing functionality to streamline key processing steps, including diurnal data reduction. GEMLinkW is provided free to all GSM-19 customers and regular updates are available-

Lane Guidance

The figure a. Grid (UTM, Local Grid, and Rotated Grid). With the Rotated Grid, you can apply an arbitrary origin of your own definition. Then, the coordinates are always in reference to axes parallel to the grid. In short, your grid determines the map, and not the NS direction.

The Local Grid is a scaled down, local version of the UTM system, and is based on your own defined origin, tt allows you to use smaller numbers or ones that are most relevant to your survey.

The figure below shows how programmable-way points can be used to plan surveys on a point-by-point basis.

initially, you define waypoints and enter them via PC or the keyboard. In the field, the unit guides you to each point.

While walking between waypoints, lane guidance keeps you within a lane of pre defined width using arrows ^ - or - ?) to indicate left or right. Within the lane, the display uses horizontal bars (- -) to show your relative position in the lane. The display also shows the distance (in

Page 18: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

Adding Value through Options

When evaluating the GSM-19 as a solution for your geophysical application,we recommend considering the complete range of options offered by GEM. These options can be added at time of original purchase or later to expand capabilities as your needs change or grow.

GEM's approach with options is to provide you with an expandable set of building blocks:

o Gradiometer

o Walking Magnetometer l Gradiometer

o Fast Magnetometer l Gradiometer

o VLF (3 channel)

o GPS (built-in or external)

GSM-19G Gradiometer Option

The GSM-19 gradiometer is a versatile. entry level system that can be upgraded to a full-featured "Walking" unit (model GSM-19WG) in future.

The GSM-19G configuration comprises two sensors and a "Standard" console that reads data to a maximum of 1 reading every three seconds.

An important GEM design featu . its gradiometer sensors measure the two magnetic fields concurrently to avoid any temporal variations that could distort gradiometer readings. Other features, such as single-button data recording, are included for operator ease-of-use.

GSM-19W/WG "Walking- Magnetometer l Gradiometer Option

GEM Systems pioneered the innovative"Walking" option that enables the acquisition of nearly continuous data on survey lines. Since its introduction, the GSM-19W l GSM-19WG have become one of the most popular magnetic instruments in the world.

Similar to an airborne survey in principle, the system records data at discrete time intervals (up to 2 readings per second) as the instrument is carried along the line.

At each survey picket (fiducial), the operator touches a designated key. The system automatically assigns a picket coordinate to the reading and linearly interpolates the coordinates of all intervening readings (following survey completion during post-processing).

A main benefit is that the high sample density improves definition of geologic structures and other targets (UXO, archeological relics, drums, etc.).

It also increases survey efficiency because the operator can record data almost continuously. Another productivity feature is the instantaneous recording of data at pickets. This is a basic difference between the "Walking" version and the GSM-19 l GSM-19G (the "Standard" mode version which requires 3 seconds to obtain a reading each time the measurement key is pressed).

GSM-19F i FG "Fast" Magnetometer/ Gradiometer Option

The "Fast" version reads up to 5 readings per second. (Sensors and console are the same as other models.) This system is ideal for vehicle-borne surveys, such as UXO, archeological or some mineral exploration applications, where very high productivity is required.

GSM-19 "Hands-Free" Backpack Option

~he "Walking" Magnetometer and Gradiometer can be configured with an optional backpack-supported sensor. The backpack is uniquely constructed permitting measurement of total field or gradient with both hands free.

This option provides greater versatility and flexibility, which is particularly valuable for high-productivity surveys or in rough terrain.

GSM-19M l GV "VLF" Option

With GEM's omnidirectional VLF option, up to 3 stations of VLF data can be acquired without orienting. Moreover, the operator is able to record both magnetic and VLF data with a single stroke on the keypad.

3rd Party Software - A One-Stop Solution for Your Potential Field Needs

Now it's even easier to take data from thefield and quality control stage through to final map preparation and modeling.

GEM-VIS provides links to fast 3Dmodeling via Encom's professional

QuickPro software.

GEM provides the most comprehensive solution available for working with magnetometer data:

o Free GEMLinkW Transfer and Internet Upgrade software

o Optional, low-cost GEM-V7S QualityControl. Visualization and Analysis

o Optional Data Processing

o Optional QuickMag Pro Automated Modeling and Inversion

Internal l External GPS Options

To learn more about GEM's leading GPS options, see the GPS and DGPS section.

GSM-19 with internal GPS board. Small antenna attaches above sensor.

Page 19: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

Version 6 -- Technology Developments

One of the main differences between GEM and other manufacturers is GEM's 20+ year, consistent focus on developing eading-edge magnetic technologies.

This commitment has led to many nnovations in sensor technology; signal counting; firmware and software; and Hardware and console design.

The recent release of v6.0 of the GSM- 19 system provides many examples of the ways in which GEM continues to advance magnetics technologies for its customers.

Enhanced data quality:

o 25Vo improvement in sensitivity (new frequency counting algorithm)

o new intelligent spike-free algorithms (in comparison with other manufacturers, GEM does not apply smoothing or filtering to achieve high data quality)

Improved operational efficiency:

o Enhanced positioning (GPS engine with optional integrated l external GPS and real-time navigation)

o 16 times increase in memory lo 32 Mbytes (optional). 4 Mbytes standard

o 1000 times improvement in processing and display speed (RISC microprocessor with 32-bit data bus)

2 times faster digital data link (115 kBaud through RS-232)

Innovative technologies:

o Battery conservation and survey flexibility (base station scheduling option with 3 modes - daily, flexible and immediate start)

o Survey pre-planning (up to 1000 programmable waypoints that can be entered directly or downloaded from PC for greater efficiency)

o Efficient GPS synchronization of field and base units to Universal Time (UTC)

o Cost saving with firmware upgrades

GEM's Proven Overhauser System

In a standard Proton magngfp/pgfej. current is passed through a coil wound around a sensor containing a hydrogen- rich fluid. The auxiliary field created by the coil (MOO Gauss) polarizes the protons in the liquid to a higher thermal equilibrium.

When the current, and hence the field, is terminated, polarized protons precess in the Earth's field and decay exponentially until they return to steady state. This process generates precession signals that can be measured as described below.

Overhauser magnetometers use a more efficient method that combines electron- proton coupling and an electron-rich liquid (containing unbound electrons in a solvent containing a free radical). An RF magnetic field - that corresponds to a specific energy level transition - stimulates the unbound electrons.

Instead of releasing this energy as emitted radiation, the unbound electrons transfer it to the protons in the solvent. The resulting polarization is much larger, leading to stronger precession signals.

Both Overhauser and proton precession, measure the scalar value of the magnetic field based on the proportionality of precession frequency and magnetic flux density (which is linear and known to a high degree of accuracy). Measurement quality is also calculated using signal amplitude and its decay characteristics, Values are averaged over the sampling period and recorded.

As the world's first and most experienced manufacturer of commercial Overhauser systems, GEM's technical focus on the GSM-19 has resulted in a superior magnetic measuring device with high sensitivity, high cycling speed, low noise, and very low power consumption over a wide temperature range.

With minor software modifications (i.e. addition of a small auxiliary magnetic flux density while polarizing), it can also be easily configured for high sensitivity readings in low magnetic fields (i.e. for equatorial work).

GPS -- Positioning You for Effective Decision Making

The use of Global Positioning Satellite (GPS) technology is increasing in earth science disciplines due to the ability to make better decisions in locating and following up on anomalies, and in improving survey cost effectiveness and time management.

Examples of applications include:

o Surveying in remote locations with no grid system (for example, in the high Arctic for diamond exploration)

o High resolution exploration mapping

o High productivity ferrous ordnance (UXO) detection

o Ground portable magnetic and gradient surveying for environmental and engineering applications

o Base station monitoring for observing diurnal magnetic activity and disturbances with integrated GPS time

GEM addresses customer requests for GPS and high-resolution Differential GPS (DGPS) through both the industry's only built-in GPS as well as external GPS.

Built-in GPS offers many advantages such as minimizing weight. The following table marizes GPS options. The 3.0m option is replaced by a 1.5m option.

Sondalonc

(.'c r ran cdj motu .HI t ally by

i; W wilhouiradio modenu

CPS wnhout rjjK, mudcm.

l"ortixied

ill's wiih r li 10 Ja

VCAAS;EGNOS.

OmiuSTAR

WAAS/ECNOS.

OiniuSTAR

RTCM. RTK

Output

Tint.Lil/ Lonj.l T M

Time, iMl

Long.UTM

I mie. Lil/

UTM

Time. lil/

I ""J.ITM

Nav Option

Page 20: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

Key System ComponentsKey components that differentiate the GSM-19 from other systems on the market include the sensor and data acquisition console. Specifications for components are provided on the right side of this page.

Sensor Technology

OEM's sensors represent a proprietary innovation that combines advances in electronics design and quantum magnetometer chemistry.

Electronically, the detection assembly includes dual pick-up coils connected in series opposition to suppress far-source electrical interference, such as atmospheric noise. Chemically, the sensor head houses a proprietary hydrogen-rich

About GEM Advanced Magnetometers

GEM Systems, Inc. delivers the world's only magnetometers and gradiometers with built-in GPS for accurately- positioned ground, airborne and stationary data acquisition. The company serves customers in many fields including mineral exploration, hydrocarbon exploration, environmental and engineering, Unexploded Ordnance Detection, archeology, earthquake hazard prediction and observatory research.

Key products include the QuickTracker Proton Precession, Overhauser and SuperSenser Optically-Pumped Potassium instruments. Each system offers unique benefits in terms of sensitivity, sampling, and acquisition of high-quality data. These core benefits are complemented by GPS technologies that provide metre to sub-metre positioning.

With customers in more than 50 countries globally and more than 20 years of continuous technology R&D, GEM is known as the only geophysical instrument manufacturer that focuses exclusively on magnetic technology advancement.

"Our World is Magnetic"

liquid solvent with free electrons (free radicals) added to increase the signal intensity under RF polarization.

From a physical perspective, the sensor is a small size, tight-weight assembly that houses the Overhauser detection system and fluid. A rugged plastic housing protects the internal components during operation and transport.

All sensor components are designed fromcarefully screened non-magnetic materials to assist in maximization of signal-to- noise. Heading errors are also minimized by ensuring that there are no magnetic inclusions or other defects that could result in variable readings for different orientations of the sensor.

Optional omni-directional sensors are available for operating in regions where the magnetic field is near-horizontal (i.e. equatorial regions). These sensors maximize signal strength regardless of field direction.

Data Acquisition Console Technology

Console technology comprises an external keypad i display interface with internal firmware for frequency counting, system control and data storage l retrieval. For operator convenience, the display provides both monochrome text as well as real-time profile data with an easy- to-use interactive menu for performing all survey functions.

The firmware provides the convenience ofupgrades over the Internet via the GEMLinkW software. The benefit is that instrumentation can be enhanced with the latest technology without returning the system to GEM - resulting in both timely implementation of updates and reduced shipping l servicing costs.

IpecificatHsrformance

Resolution:0.015 nT/VHz

Absolute Accuracy. +/-0.1 nT

Range: 10,000 to 120,000 nT

Gradient Tolerance: > 10,000 nT/m

Samples at: 60+, 5. 3, 2,1, 0.5, 0.2 sec

Operating Temperature: -40C to +55C

Operating Modes

me, date and lically at minimum

3 second interval.Base Station: Time, date and reading stored at 3 to 60 second intervals.

Remote Control: Optional remote control using RS-232 interface.

Input' Output: RS-232 or analog (optional) output using 6-pin weatherproof

foraoe - 4Mbvtes

Base Station:

Gradiometer:

Walking Mag:

699,050174,762

299,593

223 x 69 x 240 mm75 x 75mm diameter cylinder

Assembly:

... ...../are,, sensor with

., instruction

Optional VLF

Up lo 3 stations between 15

Parameters: Vertical in-phase and out-of-phase components as "/o of total field. 2 components of horizontal field amplitude and total field strength in pT.

Resolution: D.1% of total field

GEM Systems, Inc.52 West Beaver Creek Road, 14

Richmond Hill, ONCanada L4B 1L9

Email: [email protected]: www.gemsys.ca

Represented By:

Page 21: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

Appendix 4 TDEM Instrumentation, Logistics Report and Profiles

Page 22: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

Quantec Geoscience Inc. P.O. Box 580, 101 King Street Porcupine, ON PON 1CO Phone (705) 235-2166 Fax (705) 235-2255

Quantec Geoscience Inc.

Geophysical Survey Logistics Report

Regarding the SURFACE TRANSIENT ELECTROMAGNETIC SURVEYS over the MI-16 Project Area, near Matheson, ON, on behalf ofFALCONBRIDGE LIMITED Timmins, ON.

QEIQEIHEIQEIQEIQEI ST. CoulsonCJ Ploeger

December 2004Project QG-336

Page 23: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

QUANTEC GEOSCIENCE INC. FALCONBRIDGE LIMITED. Surface TEM Survey MI-16 Project

1. INTRODUCTION.................................................................................................................................^

2. GENERAL SURVEY DETAILS ...........................................................................................................4

2.1 LOCATION ........................... .........................................................................................................42.2 ACCESS.............................. .........................................................................................................52.3 SURVEY GRID...................... ..........................................................................................................5

3 SURVEY WORK UNDERTAKEN.......................................................................................................6

3.1 GENERALITIES..................... ..........................................................................................................63.2 PERSONNEL........................ .........................................................................................................63.3 SURVEY SPECIFICATIONS................................................................................................................63.4 SURVEY COVERAGE ......................................................................................................................63.5 INSTRUMENTATION........... .............................................................................................................73.6 SURVEY PARAMETERS................................................................................................................... 73.7 MEASUREMENT ACCURACY AND REPEATABILITY............................................................................./3.8 DATA PRESENTATION ....................................................................................................................8

LIST OF APPENDICES ". - .',-- v. " ''-- ' ' " - '' - ^V-:,:^^.-

APPENDIX A: Statement of QualificationsAPPENDIX B: Theoretical Basis and Survey ProceduresAPPENDIX C: Instrument specificationsAPPENDIX D: Production logAPPENDIX E: List of ProfilesAPPENDIX F: Profiles

WSlOPTABLi^AND FIGURES

Figure 1: General Location of MI-16 Project ..........................................................................................4Figure 2: MI-16 Grid Sketch...................................................................................................................5Figure 3: 4-Axis Surface TEM Profile Format......................................................................................... 8

Table l: Surface TEM Survey Coverage................................................................................................^Table III: System Parameters for Surface TEM Survey......................................................................... 7Table IV: Coil Conventions for Surface TEM Survey............................................................................. 7Table VII: Surface TEM Specifications..................................................................................................^

QG-336 - December 2004

Page 24: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

QUANTEC GEOSCIENCE INC. FALCONBRIDGE LIMITED. Surface TEM Survey MI-16 Project

* QGL Project No: QG-336

* Project Name: MI-16

* Survey Period: November 23rd to November 25th , 2004

* Survey Type: Fixed Loop Transient EM

. Client: FALCONBRIDGE LIMITED

* Client Address PO Box 1140 - Kidd Creek Mine Site Drop #705Timmins, Ontario P4N 7H9 Canada

* Representatives: Allan Huard

* Objectives:

The objective of the surface TEM survey was to outline any conductive targets, as a follow up to airborne and determine their depth and strike, in order to facilitate best borehole placement to intersect the conductive mineralization.

* Survey Type: Logistics

QG-336 - December 2004

Page 25: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

QUANTEC GEOSCIENCE INC. Surface TEM Survey

FALCONBRIDGE LIMITED. MI-16 Project

2. GENERAL SURVEY DETAILS

2.1 LOCATION

* Township:

* Province:

* Country:

* Nearest Settlement:

* NTS Map Reference #:

Michaud

Ontario

Canada

Matheson

42 A/09

Figure 1: General Location of MI-16 Project

QG-336 - December 2004

Page 26: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

QUANTEC GEOSCIENCE INC. Surface TEM Survey

FALCONBRIDGE LIMITED. MI-16 Project

2.2 ACCESS

* Base of Operations:

* Mode of Access:

2.3 SURVEY GRID

* Coordinate Reference System:

* Established:

* Baseline Azimuth:

* Line Separation:

* Station Interval:

* Method of Chaining:

QGI office, Timmins

4x4 truck and ATV to grid

Local exploration grid

prior to survey execution

N1090

100 meters

25 meters

Metric, slope distance

Figure 2: Mi-16 Grid Sketch

QG-336 - December 2004

Page 27: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

QUANTEC GEOSCIENCE INC. Surface TEM Survey

FALCONBRIDGE LIMITED. Ml-16 Project

3. SURVEY WORK UNDERTAKEN

3.1 GENERALITIES

* Survey Dates:

* Survey Period:

* Survey Days (read time):

* Survey Coverage:

* Claims Surveyed:

3.2 PERSONNEL

* Project Supervisor:

* Project Managers:

* Technicians:

3.3 SURVEY SPECIFICATIONS

* Configuration:

* Output Power Stage:

* Dimension:

* Loop Size and Location:

* Line Interval:

* Sampling Interval:

3.4 SURVEY COVERAGE

November 23rd to November 25th , 2004

3 days

3 days

4.9 km

1248402, 1240793

Sherwood Coulson, Porcupine, ON

John Cribbs, Porcupine, ON

Eric Dufour, Val-d'Or, QC

In/Off loop profiling

Low Power (2.8 k W)

3 Component (X,Y and Z)

300m x 600m; LO-L600E, 0-300S.

100 meters

25 meters

LINE

0100E200E300E400E500E600E

Total

SOUTHERN EXTENT

0300 S300 S300 S300 S300 S300 S

NORTHERN EXTENT

700 N400 N400 N400 N400 N400 N400 N

TOTAL (m)

700700700700700700700

4.9km

Table l: Surface TEM Survey Coverage

QG-336 - December 2004

Page 28: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

QUANTEC GEOSCIENCE INC. Surface TEM Survey

FALCONBRIDGE LIMITED. MI-16 Project

3.5 INSTRUMENTATION

* Receiver:

. Coils:

* Transmitter:

* Power Supply:

3.6 SURVEY PARAMETERS

Geonics Digital Protem 20 or 30 channel capability

3D-3 coil (200 m2 effective area)

Geonics EM-37 (2.8 kW output)

Geonics GPU 2000 motor generator

Pulse repetition frequency:Gain:Integration number:Loop Sizes:Current:Turn-off time:Gate positionsSynchronization mode:

30Hz1-615 sec300m x 600m11.0 amps(see Appendix F)205 (see Appendix F)80-6136us (see Appendix C)Crystal

Table II: System Parameters for Surface TEM Survey

Coil Conventions: (see Appendix C)

COMPONENTZXY

COIL ORIENTATIONPositive UpPositive grid northPositive grid west

Table III: Coil Conventions for Surface TEM Survey

* Measured Parameters: dB/dt, mV

* Data Reduction 1 : nanoVolts/Ampere-metre2 (nV/Am2)

3.7 MEASUREMENT ACCURACY AND REPEATABILITY

* Number of Repeats per Station: 0-1

* Number of Repeats per Day: 0-3

* Average Repeatability: 1-2"Xo in early channels

* Worst Repeatability: 30Xo in early channels

1 Equivalent to Crone units of nanoTesla/second normalized to a unit current.

QG-336 - December 2004

Page 29: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

QUANTEC GEOSCIENCE INC. Surface TEM Survey

FALCONBRIDGE LIMITED. MI-16 Project

3.8 DATA PRESENTATION

Profiles: X,Y,Z components, and Total EM Field @ 1:5000 for Surface with vari able vertical (profile) scales to best display data.

#of4-Axis Profiles:Vertical Profile Scales:

Components Profiled:

28 profilesVaries to best display data for each component {see profiles in Appendix F)3D survey: Total Field', X, Y and Z

Table IV: SurfaceTEM Specifications

IMW ZOOS 300S *ODh SOOS BOON TOON t Vrff****i ty

QVAjrrtc croscixirc* inc.Me US

Figure 3: 4-Axis Surface TEM Profile Format

Digital Data: Daily raw files and processed data {Geosoft .XYZ format) on CD

a) raw data dump files, according to acquisition date, (DDMMYY.RAW ) (i.e. 251104.raw). Geonics Digital Protem format (refer to Protem manual)

b) reduced XYZ ASCII data files, according to line number and component (i.e. HQOOek.xyz where, k=compone^t - Z, X, Y or T for Total Field).

Column 1: N-S Line/E-W Station numberColumn 2: E-W Station/N-S Line numberColumn 3: Primary pulse (millivolts)Column 4: Channel 1 secondary rate of decay of TEM field (nanoVolf ampere*m2)Column 5: Channel 2

uColumn 23: Channel 20 secondary rate of decay of TEM field (nanoVolt/ampere'm2

TF = SORT {(dBx/dt)2 * (dBy/dt)2 *(dBz;dt)2 }, using Quantec GeoparseTM

QG-336 - December 2004

Page 30: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

QUANTEC GEOSCIENCE INC. FALCONBRIDGE LIMITED. Surface TEM Sufvey MI-16 Project

RESPECTFULLY SUBMITTED QUANTEC GEOSCIENCE INC.

C Jason Ploeger, B.Sc Sherwood T. Coulson, P.Geo. QGI Senior Geophysicist

QG-336 - December 2004

Page 31: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

QUANTEC GEOSCIENCE INC. FALCONBRIDGE LIMITED. Surface TEM Survey MI-16 Project

APPENDIX A

STATEMENT OF QUALIFICATIONS

l, Sherwood T. Coulson, hereby declare that:

1. l am a consulting geophysicist with residence in Porcupine, Ontario and am presently employed in this capacity with Quantec Geoscience Inc. of Porcupine, Ontario.

2. l am a graduate of Cambrian College, Sudbury, Ontario in 1974 with an Honours Diploma in Geophysical Engi neering Technology.

3. lama practicing member of the Association of Professional Geoscientists of Ontario (Member #0944) since 2003.

4. l have practiced my profession in Europe and North and South America continuously since graduation.

5. l am a member of the Canadian Society of Exploration Geophysicists and the Prospectors and Developers Asso ciation.

6. l have no interest nor do l expect to receive any interest, direct or indirect, in the properties or securities of FALCONBRIDGE LIMITED.

7. l supervised the survey execution and reviewed the data as it was collected, l am the author of this report and the statements made by me represent my best opinion and judgment based on the information available to me at the time of the writing.

Porcupine, ON December 2004

Sherwood T. Coulson, P.Geo. Senior Geophysicist

QG-336 - December 2004

Page 32: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

QUANTEC GEOSCIENCE INC. FALCONBRIDGE LIMITED. Surface TEM Survey MI-16 Project

APPENDIX A

STATEMENT OF QUALIFICATIONS

l, C. Jason Ploeger, hereby declare that:

1. lama geophysicist with residence in Larder Lake, Ontario and am presently employed in this capacity with Quantec Geoscience Inc. of Toronto, Ontario.

2. l graduated with a Bachelor of Science degree in geophysics from the University of Western Ontario, in London Ontario, in 1999.

3. l have practiced my profession continuously since graduation in Africa, Bulgaria, Canada and Mexico.

4. l am a member of the Ontario Prospectors Association.

5. l have no interest, nor do l expect to receive any interest in the properties or securities of FALCONBRIDGE LIMITED.

6. l am responsible for the compilation and the presentation of this logistics report. The statements made in this report represent my professional opinion based on my consideration of the information available to me at the time of writing this report.

Porcupine December 2004

C. Jason Ploeger, B.Se. QGI

QG-336 - December 2004

Page 33: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

QUANTEC GEOSCIENCE INC. Surface TEM Survey

FALCONBRIDGE LIMITED. MI-16 Project

APPENDIX B

THEORETICAL BASIS AND SURVEY PROCEDURES

TEM SURFACE AND BOREHOLE PROFILING

TEM profiling is conducted on lines either adjacent to (Off-Loop mode) or surrounded by (In-Loop mode) a large fixed rectangular transmit loop. Current is passed through the loop which following the Turn-Off, produces a primary magnetic field (H) both inside and outside (Figure B1). This primary field induces vortex current patterns, which energize conductors and which in turn create their own secondary magnetic field (Bs). The rate of change of the decaying secondary magnetic flux (dBs/dt) is measured as the vertical (Hz), in-line horizontal (Hx) and/or cross line horizontal (Hy) vector components on surface using an air-core sensor coil. These measurements of the TEM decay (20 log-time slices) are taken during the "Off-Time", using a 30 cycle/sec, base repetition rate.

In keeping with the industry standard, the primary field is always considered positive up inside the loop and negative down outside. Similarly, for secondary EM fields, the receiver coil is oriented positive vertical up for the Hz component. The convention for In-Loop surveys, has the in-line component, Hx oriented either positive east (for grid EW lines) or north (for grid NS lines). The Off-Loop survey convention differs, with the receiver coil orientation for Hx pointing positive away from the transmit loop (for EW or NS lines). Finally, the sign convention in all cases, has the Hy component pointing positive orthogonal to the left of the Hx, according to the right-hand-rule.

TTTTTjllNegative Down Outside ^

\ \ \

Primary Field Sign Convention

In-Loop Survey Line\Off-Loop Survey Lil——————————— \iiiiltliJ

Transmit Loop

Figure B1: Primary field s/'gn convention for TEM surveys.

QG-336 - December 2004

Page 34: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

QUANTEC GEOSCIENCE INC. Surface TEM Survey

FALCONBRIDGE LIMITED. MI-16 Project

Grid N

Off-Loop Survey Lines

Fixed Off-Loop Survey Configuration

*Hy*Grid East

*Hx'Grid South (away from loop)

Figure B2: Loop Configuration and Polarity Conventions for Off-Loop Profiling Surveys

The borehole survey is particularly useful to determine the geometrical relationship between a conductor or a complex swarm of conductors around the drill hole. Of particular importance is its application in cases where the drill ing is believed to have missed the target of interest. A 3-D borehole survey can effectively determine the direction and distance from the drill hole to the conductor by measuring two orthogonal secondary field components in addition to the axial component. Additionally, conductors located below the end of a drill hole, which either may be too deep and/or have gone previously undetected from surface, may be discovered during the course of a borehole survey.

The probe is manually lowered down the borehole at the end of a cable and, at successive depths, meas urements of three (3-D) orthogonal components of the TEM field (Hx, Hy, Hz) are individually obtained in succession by electronically switching the sensor coils in the borehole antenna through the use of a relay/switching system from surface, via the borehole-cable shield. As the probe is free to rotate on its vertical axis, a correction is later applied to the 3-D data in order to rotate the components into their respective coordinate axis.

Tx Loop

DDH

X +VG up, orthogonal to hole and along BH azimuth

Y *ve left, orthogonal to hole and horizontal

station intervals

Z *ve up, along axis of DDH

Figure B3: Loop Configuration and Polarity Conventions for 3-D Borehole Surveys

The secondary fields induced decay at a rate proportional to the conductivity-thickness and are then meas ured and profiled by the borehole sensor-probe.

a) Hz is positive up along the axis of borehole,b) Hx is positive perpendicular to the borehole axis and pointing upward, in a vertical plane, in the direction

QG-336 - December 2004

Page 35: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

QUANTEC GEOSCIENCE INC. FALCONBRIDGE LIMITED. Surface TEM Survey MI-16 Project

of the azimuth of the hole, c) Hy is positive 900 counterclockwise to Hx and horizontal, according to the right-hand rule.

At the end of each survey day, the stored data are transferred to a microcomputer where they corrected for the turn-off time, loop area, system gain and current, and converted from millivolts to nanoVolts per ampere meter squared or nanoVolts per meter squared. The data are then transferred to disk for storage and processing. Report quality field plots are generated on site, using a 24-pin printer in order to monitor the data characteristics and to pro vide a preliminary interpretation capability.

The following equations govern the transient EM response for buried plate-like conductive bodies1

, i -yemf = - e /r

Target Response to Transmitter Current Waveform: where: t = fixed timee = exponential decay

T = time constant of conductor

Equation 1: Conductor Response to the Transient EM Waveform

The time constant of the response is alternatively defined as the slope of the lin-log decay curve (Geonics) or, more exactly, as the time channel where the amplitude of the decay collapses to 370Xo (1/e) of its maximum value. Both T and the analogous decay strength (i.e., the number of anomalous channels above background), are commonly used as indicators of conductor quality. This relationship between decay-strength and the conductivity-thickness can easily be demonstrated in the following equation for a vertically dipping conductive sheet:

T = f or a thin platen

where o ** conductivity of target fi = magnetic susceptibility

t = thickness of plate h = vertical extension of plate

Equation 2: Transient EM Decay Time Constant

1 From Geonics Limited, EM-37 TEM System Design Parameter. Mississauaa. Ont., 1982.

QG-336 - December 2004

Page 36: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

QUANTEC GEOSCIENCE INC. FALCONBRIDGE LIMITED. Surface TEM Survey MI-16 Project

thereby giving, for an infinite vertical sheet:

Cft = —— T x yft y j mhos / metre (Siemens)

Equation 3 Conductivity Thickness

From these equations and relationships, it therefore becomes obvious of the common use of the anomaly strength of decay as a simple, rule-of thumb indicator of the relative conductivity-thickness product for TEM surveys.

In addition, the total secondary field is calculated using the three components (Hx, Hy and Hz) in the follow ing formula

Htot ^^Hx^ + Hy^ + Hz* nano Volt t Am*.

Equation 4: Transient EM Total Secondary Field

QG-336 - December 2004

Page 37: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

QUANTEC GEOSCIENCE INC. Surface TEM Survey

FALCONBRIDGE LIMITED. MI-16 Project

APPENDIX C

INSTRUMENT SPECIFICATIONS

Geonics LimitedDigital Protem Ground Transient Electromagnetic System

Technical Specifications

Measured Quantity:

Receiver

Time rate of decay of magnetic flux along 3 axes

Sensors:1. (L.F.): Air-cored coil of bandwidth 60 kHz; 100 cm diameter2. (H.F.):Air-cored coil of bandwidth 850 kHz; 100 cm diameter3. (3D-3):4. (3D-1):

Time channels:

Repetition Rate:

Synchronization:

Three orthogonal component sensor; simultaneous operation Three orthogonal component sensor; sequential operation

20 geometrically spaced time gates for each base frequency gives range from 6 u,sec to 800 msec.

0.3 Hz, 0.75, 3, 7.4, 30, 75 or 285 Hz for 60 Hz power-line networks (Base Frequency)

1) reference cable.2) high stability (oven controlled) quartz crystals. (Switch selectable)

Integration time: 2, 4, 8, 15, 30, 60, 120, 240 sec.

Calibration:

Keyboards:

Gain:

Dynamic Range:

Display Quantity:

Storage:

Display:

Data Transfer:

Processor:

Receiver Battery:

Internal self-calibrationExternal Q coil calibration (optional)

Two 3x4 matrix sealed key pads with positive tactile feedback

Automatic or manual control

23bits(132dB)

(1) Table of time rate of decay of magnetic flux (dB/dt)(2) Curve of rate of decay of magnetic flux (dB/dt)(3) Table of apparent resistivity (pa )

(4) Curve of apparent resistivity (pa )(5) Profile of dB/dt(6) Real time noise monitor(7) Calibration curve(8) Data acquisition statistics (real time)

Solid state memory with capacity for over 3000 data sets

8 lines by 40 character (240 x 64 dot) graphic LCD

Standard RS-232 communications port.

CMOS 68HCOOO 8 MHz CPU

12 volts rechargeable battery for 8 hours continuous operation. 6 hours in XTAL mode

QG-336 - December 2004

Page 38: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

QUANTEC GEOSCIENCE INC. Surface TEM Survey

FALCONBRIDGE LIMITED. MI-16 Project

Receiver Size:

Receiver Weight:

Operating Temp.:

Transmitters:

34 x 38 x 27 cm

15kg

-400C to *500C

(1)GeonicsTEM47(2) Geonics TEM57(3) Geonics TEM37

GATE123456789101112131415161718192021*

285/237.5 Hz6.0007.6259.75012.5015.8820.2525.8833.0042.1353.7568.5087.38111.4

151.7"181.1231.0294.6375.9479.5611.6780.1

6.8138.68811.1314.1918.0723.0629.4437.5647.9461.1377.9499.38126.7166.4206.0262.8335.2427.7545.6695.9

1.6252.1252.7503.3754.3755.6257.1259.12511.6314.7518.8824.0030.6329.3849.8862.6381.25103.6132.1168.5

75/62.5 Hz32.0038.5047.0058.0071.589.00111.5140.0176.5223.0282.0357.5453.5576.0732.5932.011871512192624553129

35.2542.7552.564.7580.25100.3125.8158.3199.8252.5319.8405.5514.8654.3832.310591349171921902792

6.5008.50011.0013.5017.5022.5028.5036.5046.5059.0075.5096.00122.5156.5199.5254.5325.0414.5528.5674.0

30/25 Hz80.0096.25117.5145.0178.8222.5278.8350.0441.3557.5705.0893.8113414401831233029663779481561367821

88.13106.9131.3161.9200.6250.6314.4395.6499.4631.3799.4101412871636208126483373429754756978

16.2521.2527.533.7543.7556.2571.2591.25116.3147.5188.8240.0306.3391.3498.8636.3812.5103613211685

GATE123456789101112131415161718192021*

Table C2: Digital Protem 20 Channel Gate Locations

* End of Gate 20** A Gap of 9.7 usec exists between Gate 13 and Gate 14 in the micro-frequency range/

This Table applies to both synchronization modes regardless of which of TEM37, TEM47 and TEM57 transmit ters is used, provided that correct Tx model is selected in Header (2.4).

Note: 7.5/6.25 and 0.75/0.625 Hz proportional to 75/62.5 Hz 3/2.5 and 0.3/0.25 Hz proportional to 30/25 Hz

QG-336-December 2004

Page 39: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

QUANTEC GEOSCIENCE INC. Surface TEM Survey

FALCONBRIDGE LIMITED. MI-16 Project

Geonics LimitedEM-37 Transient Electromagnetic Transmitter

Technical Specifications

Current Wave form:

Repetition Rate:

Turn-off Time(t):

Transmitter Loop:

Protection:

Output voltage:

Output power:

Motor generator:

bipolar square wave.

3Hz, 7.5Hz or 30Hz in countries using 60Hz power line frequency; 2.5Hz, 6.25Hz or25Hz in countries using 50Hz power line frequency; all six base frequencies are switch select able.

fast linear turn-off maximum of 450 usec. at 30 amps into a 300x600 meter loop. De creases proportionally with current and the root of the loop area to a maximum of 20 (.isec. Actual value of t read on front panel meter.

any dimensions from 40x40 meters to 300x600 meters maximum at 30 amps. Larger di mensions at reduced current. Transmitter output voltage switch adjustable for smaller loops. Value of loop resistance read from front panel meter; resistance must be greater than 1 ohm on lowest setting to prevent overload.

circuit breaker protection against input over voltage; instantaneous solid state protection against output short circuit; automatically resets on removal of short circuit. Input volt age output voltage and current indicated on front panel meter.

24 to 160 volts (zero to peak) maximum

2800 watt maximum

5 HP Honda gasoline engine coupled to a 120 volt, three phase, 400 Hz alternator. Ap proximately 8 hours continuous operation from built-in fuel tank.

Component Dimensions and Weights

Transmitter Console : 20 by 42 by 32 cm, 20 kg

GPU: 44 by 32 by 21 cm, 65 kg

QG-336 - Deicember 2004

Page 40: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

QUANTEC GEOSCIENCE INC. Surface TEM Survey

FALCONBRIDGE LIMITED. MI-16 Project

APPENDIX D

PRODUCTION LOG

MICHAUD MI-16 PROPERTY SURFACE TEM

Date

23-Nov-04

24-Nov-04

25-Nov-04

Description

Drove back to Porcupine to exchange argo for quad. Drove to Matheson area, found grid and installed loop. Began survey of MI-16.

Continued survey of MI-16.

Completed survey of MI-16. Pulled loop.

Line/ hole

LO+00

L1+OOEL2+OOEL3+OOEL4+OOE

L5+OOEL6+OOE

Min Extent

0+00

0+000+000+000+00

0+000+00

Max Extent

7+OON

7+OON7+OON7+OON7+OON

7+OON7+OON

Total Survey

(m)

700

700700700700

700700

QG-336 - December 2004

Page 41: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

QUANTEC GEOSCIENCE INC. Surface TEM Survey

FALCONBRIDGE LIMITED. MI-16 Project

APPENDIX E

LIST OF MAPS

LPTEM Surface Profiles: Multi-Channel 4-Axis Profile Plots: showing time rate of decay of the secondary electromagnetic field, for X, Y , Z and Total Field components, 1:2000 or 1:5000 scale, eh. 1-

20 divided according to 4 vertical (linear) axes, nanoVolts per Ampere-meter^ (surface), nanoVolts per

meter^ (borehole)

Drawing #5=06336-4/0(13-1^1-1^, where H^Z, X, Y, TF (Total Field).

LINES/BOREHOLE

Lines 0 to 600ETotal

TOTAL POFILES

2828

Total Profiles: 28

QG-336 - De'iember 2004

Page 42: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

QUANTEC GEOSCIENCE INC. FALCONBRIDGE LIMITED. Surface TEM Survey MI-16 Project

PROFILES

QG-336 - December 2004

Page 43: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

CD

W ^ O

OW

lCD

m Si O

0 -

-100.

o.-f- i

-8.-V

otrM

O.-f

100N 200N 300N 400N SOON 600N 700N

Line 6+OOE - Y Component MI-16

Scale 1:500050 O 50 100 150 -

(metres)

200

NORANDA INC.MICHAUD TWP.

ONTARIO ABITIBI LAKE AREA

LPTEM FIXED-LOOP PROFILING SURVEY

Secondary Electromagnetic Field (dB/dt)

Transmitter Frequency: Tx Loop Size: Tx Loop Location: Transmitter Current:

30 Hz (50X duty cycle)300 x 600 meters

LO+00 to L5+OOE ft 0+00 to 3+OOS11.0 Amps

Transmitter Turn-Off Time:

Station Interval:

Profile Units:

Receiver Coil Orientation:

205 us

25 metersnanoVoltXA*nv2

Hz - positive up

Hx - positive northHy - positive west

Survey Date: November 25, 2004Instrumentation: Rx ^ Digital Protem (3x20 Channels)

ft Geonics 3D Coil (3x200m*2)_________________Tx - Geonics EM-37 (2.8 kW)

Surveyed A Processed by: QUANTEC GEOSCIENCE INC.

DWG. NO. QG-336-4AXIS-Y-6+OOE

Page 44: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

O C\2

l CDT——t

tnX) O

otrwt—*

lOl

L -150.

0.

-5.

o ETM

en

-2. J

100N 200N 300N 400N SOON 600N 700N

Line 6+OOE - X Component MI-16

Scale 1:500050 O 50 100 150~ ~"

(metres)

200

NORANDA INC.MICHAUD TWP.

ONTARIO ABITIBI LAKE AREA

LPTEM FIXED-LOOP PROFILING SURVEY

Secondary Electromagnetic Reid (dB/dt)

Transmitter Frequency:

Tx Loop Size:

Tx Loop Location:

Transmitter Current:

30 Hz (50X duty cycle)300 x 600 meters

LO+00 to L5+OOE Se 0+00 to 3+OOS11.0 Amps

Transmitter Tum-Off Time:

Station Interval:

Profile Units:

Receiver Coil Orientation:

205 us

25 meters

nanoVoltXA*m"2

Hz - positive up

Hx - positive north

Hy - positive west

Survey Date: November 25. 2004

Instrumentation: Rx - Digital Protem (3x20 Channels)

tt Geonics 3D Coil (3x200nr-2)_________________Tx - Geonics EM-37 (2.8 kW)

Surveyed 4c Processed by: QUANTEC GEOSCIENCE INC.

DWG. NO. QG-336-4AXIS-X-6+OOE

Page 45: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

o^H

lCD

O

-50. -*-

ocvlCD

WXu

200.

o tr w

lUl

L -200.

otr00

-10.

100N 200N 300N 400N SOON 600N 700N

Line 6+OOE - Total Field lfl-16

Scale 1:500050 O 50 100 150-~

(metres)

200

NORANDA INC.MICHAUD TWP.

ONTARIO ABITIBI LAKE AREA

LPTEM FIXED-LOOP PROFILING SURVEY

Secondary Electromagnetic Reid (dB/dt)

Transmitter Frequency:

Tx Loop Size:

Tx Loop Location:

Transmitter Current:

30 Hz (5035 duty cycle)300 x 600 meters

LO+00 to L5+OOE tc 0+00 to 3+OOS11.0 Amps

Transmitter Turn-Off Time:

Station Interval:Profile Units:

Receiver Coil Orientation:

205 us

25 metersnanoVoltXA*nri2

Hz - positive upHx - positive northHy - positive west

Survey Date: November 25, 2004Instrumentation: Rx - Digital Protem (3x20 Channels)

* Geonics 3D Coil (3x200m*2)_________________Tx - Caonic* EM-37 (2.8 teW)

Surveyed A Processed by: QUANTEC GEOSCIENCE INC.

DWG. NO. QG-336-4AXIS-TF-6+OOE

Page 46: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

lCD

W St O

OCV2

lCD

WX! O

0.-

-50. J

-2.

150.

0.

o tr w

l 01

150.

o trM

l h^

Ol

--10.

100N 200N 300N 400N SOON 600N 700N

line 5+OOE - Z Component MI-16

Scale 1:500050 O 50 100 150

^ F (metres)

200

NORANDA INC.MICHAUD TWP.

ONTARIO ABITIBI LAKE AREA

LPTEM FIXED-LOOP PROFILING SURVEY

Secondary Electromagnetic Reid (dB/dt)

Transmitter Frequency:

Tx Loop Size:

Tx Loop Location:

Transmitter Current:

30 Hz (50X duty cycle)300 x 600 meters

LO+00 to L5+OOE A 0+00 to 3+OOS11.0 Amps

Transmitter Turn-Off Time:

Station Interval:

Profile Units:

Receiver Coil Orientation:

205 us

25 meters

nanoVonyA*m*2

Hz - positive up

Hx - positive north

Hy - positive west

Survey Date: November 25. 2004

Instrumentation: Rx - Digital Protem (3x20 Channels)

ic Geonics 3D Coil (3x200m*2)_________________Tx - Geonics EM-37 (2.8 kW)

Surveyed A Processed by: QUANTEC GEOSCIENCE INC.

DWG. NO. QG-336-4AXIS-Z-5+OOE

Page 47: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

0. offM

L-100.

lCO

VI 43 O

L -2.

oMl—fcH^

l

ui

CO* l

OT -1. J

100N 200N 300N 400N SOON 600N 700N

Line 5+OOE - Y Component MI-16

Scale 1:500050 O 50 100 150"r~~——~

(metres)

200

NORANDA INC.MICHAUD TWP.

ONTARIO ABITIBI LAKE AREA

LPTEM FIXED-LOOP PROFILING SURVEY

Secondary Electromagnetic Reid (dB/dt)

Transmitter Frequency:

Tx Loop Size:

Tx Loop Location:

Transmitter Current:

30 Hz (50X duty cycle)300 x 600 meters

LO+00 to L5+OOE A 0+00 to 3+OOS11.0 Amps

Transmitter Turn-Off Time:

Station Interval:

Profile Units:

Receiver Coil Orientation:

205 us

25 meters

nanoVoltXA*m*2

Hz - positive up

Hx - positive north

Hy - positive west

Survey Date: November 25, 2004

Instrumentation: Rx - Digital Protem (3x20 Channels)

ft Geonics 3D Coil (3x200m*2)_________________Tx - Geonics EM-37 (2.8 kW)

Surveyed & Processed by: QUANTEC GEOSCIENCE INC.

DWG. NO. QG-336-4AXIS-Y-5+OOE

Page 48: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

l- 150,

iCD

VIX! U

lCOl—l

OT

u

20.-

otrM

len

L -150.

0.

-5.

o tfM

CJi

100N 200N 300N 400N SOON 600N 700N

Line 5+OOE - X Component lfl-18

Scale 1:500050 O 50 100 150-

(metres)

200

NORANDA INC.MICHAUD TWP.

ONTARIO ABITIBI LAKE AREA

LPTEM FIXED-LOOP PROFILING SURVEY

Secondary Electromagnetic Field (dB/dt)

Transmitter Frequency:

Tx Loop Size:

Tx Loop Location:

Transmitter Current:

30 Hz (50X duty cycle)300 x 600 meters

LO+00 to L5-I-OOE Se 0+00 to 3+OOS11.0 Amps

Transmitter Turn-Off Time:

Station Interval:Profile Units:

Receiver Coil Orientation:

205 us

25 metersnanoVott7A*m"2

Hz - positive up

Hx - positive northHy - positive west

Survey Date: November 25. 2004Instrumentation: Rx - Digital Protem (3x20 Channels)

ft Geonics 3D Coil (3x200m*2)_________________Tx - Geonics EM-37 (2.8 teW)

Surveyed A Processed by: QUANTEC GEOSCIENCE INC.

DWG. NO. QG-336-4AXIS-X-5+OOE

Page 49: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

lCD

WX!O

Ocv

lCD

o

200.

o trGO

len

50.- -200.

-50. h 10.oST c/3

0.

-10.

100N 200N 300N 400N SOON 600N 700N

Line 5+OOE - Total Field MI-16

Scale 1:500050 50 100 -

(metres)

150 200

NORANDA INC.MICHAUD TWP.

ONTARIO ABITIBI LAKE AREA

LPTEM FIXED-LOOP PROFILING SURVEY

Secondary Electromagnetic Field (dB/dt)

Transmitter Frequency:

Tx Loop Size:

Tx Loop Location:

Transmitter Current:

30 Hz (50X duty cycle)300 x 600 meters

LO+00 to L5+OOE ic 0+00 to 3+OOS11.0 Amps

Transmitter Tum-Off Time:

Station Interval:

Profile Units:

Receiver Coil Orientation:

205 us

25 meters

nanoVoltXA*mA2Hz - positive up

Hx - positive north

Hy - positive west

Survey Date: November 25, 2004Instrumentation: Rx - Digital Protem (3x20 Channels)

* Geonics 3D Coil (3x200nr2)___________________Tx - Geonica EM-37 (2.B kW)

Surveyed A Processed by: QUANTEC GEOSCIENCE INC.

DWG. NO. QG-336-4AXIS-TF-5+OOE

Page 50: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

lCO75fiO

oC\2

lCD

O

-150.

— 0.

L -150.

o tr00

H^

len

-50. i 10.o00

h-*

h-^

ll——^

en

2.-r

0.

-2. J

'- -10.

l DON 200N 300N 400N SOON 600N 700N

Line 4+OOE - Z Component MI-16

Scale 1:500050 O 50 100 150~"

(metres)

200

NORANDA INC.MICHAUD TWP.

ONTARIO ABITIBI LAKE AREA

LPTEM FIXED-LOOP PROFILING SURVEY Secondary Electromagnetic Field (dB/dt)

Transmitter Frequency: Tx Loop Size: Tx Loop Location: Transmitter Current:

30 Hz (50X duty cycle)300 x 6OO meters

LO+00 to L5+OOE tt 0+00 to 3+OOS11.0 Amps

Transmitter Turn-Off Time:

Station Interval:Profile Units:Receiver Coil Orientation:

205 us

25 metersnanoVolt7A*m*2

Hz - positive upHx - positive northHy - positive west

Survey Date: November 25, 2004Instrumentation: Rx - Digital Protem (3x20 Channels)

ft Geonics 3D Coil (3x200m*2)_________________Tx - Geonics EM-37 (2.8 kW)

Surveyed A Processed by: QUANTEC GEOSCIENCE INC.

DWG. NO. QG-336-4AXIS-Z-4+OOE

Page 51: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

0.lCD

MXIO

o cv

wXI o

0.

-1.

100N 200N 300N 400N SOON 600N 700N

Line 4+OOE - Y Component MI-16

Scale 1:500050 O 50 100 150^^M

(metres)

200

NORANDA INC.MICHAUD TWP.

ONTARIO ABITIBI LAKE AREA

LPTEM FIXED-LOOP PROFILING SURVEY Secondary Electromagnetic Field (dB/dt)

Transmitter Frequency: Tx Loop Size: Tx Loop Location: Transmitter Current:

30 Hz (50X duty cycle)300 x 600 meters

LO+00 to L5+OOE A 0+00 to 3+OOS11.0 Amps

Transmitter Turn-Off Time:

Station Interval:Profile Units:Receiver Coil Orientation:

205 us

25 metersnanovblt/AtnrS

Hz - positive upHx - positive northHy - positive west

Survey Date: November 25, 2004Instrumentation: Rx - Digital Protem (3x20 Channels)

tt Geonics 3D Coil (3x200m*2)_________________Tx - Geonics EM-37 (2.8 kW)

Surveyed A Processed by: QUANTEC GEOSCIENCE INC.

DWG. NO. QG-336-4AXIS-Y-4+OOE

Page 52: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

20.-

CD

OTAO

-20.

- 150.

0.

-150.

o cr

l01

ouM

L -5.

lCD1-H

m X! O -2. J

100N 200N 300N 400N SOON GOON 700N

Line 4+OOE - X Component MI-16

Scale 1:500050 O 50 100 150

(metres)

200

NORANDA INC.MICHAUD TWP.

ONTARIO ABITIBI LAKE AREA

LPTEM FIXED-LOOP PROFILING SURVEY Secondary Electromagnetic Field (dB/dt)

Transmitter Frequency: Tx Loop Size: Tx Loop Location: Transmitter Current:

30 Hz (50X duty cycle)300 x 600 meters

LO+00 to L5+OOE le 0+00 to 3+OOS11.0 Amps

Transmitter Turn-Off Time:

Station Interval:Profile Units:Receiver Coil Orientation:

205 us

25 metersnanoVolt7A*m*2

Hz - positive upHx - positive north

Hy - positive west

Survey Date: November 25. 2004Instrumentation: Rx - Digital Protem (3x20 Channels)

it Geonics 3D Coil (3x200m*2)_________________Tx - Geonica EM-37 (2.8 kW)

Surveyed A Processed by: QUANTEC GEOSCIENCE INC.

DWG. NO. QG-336-4AXIS-X-4+OOE

Page 53: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

r 200.

0.

50.-f

lCD

WJlO

lCO

otrM

len

200.

- 10.o wt—*i—*

ll—k O!

-10.

-2.

100N 200N 300N 400N SOON 600N 700N

Line 4+OOE - Total Field MI-16

Scale 1:500050 O 50 100 150

^^—f (metres)

200

NORANDA INC.MICHAUD TWP.

ONTARIO ABITIBI LAKE AREA

LPTEM FIXED-LOOP PROFILING SURVEY Secondary Electromagnetic Field (dB/dt)

Transmitter Frequency: Tx Loop Size: Tx Loop Location: Transmitter Current:

30 Hz (50X duty cycle)300 x 600 meters

LO+00 to L5+OOE A 0+00 to 3+OOS11.0 Amps

Transmitter Tum-Off Time:

Station Interval:Profile Units:Receiver Coil Orientation:

205 us

25 metersnanoVolt/AtnrS

Hz - positive upHx - positive northHy - positive west

Survey Date: November 25, 2004Instrumentation: Rx - Digital Protem (3x20 Channels)

* Geonics 3D Coil (3x200m*2)_________________Tx - Geonics EM-37 (2.8 kW)

Surveyed ic Processed by: QUANTEC GEOSCIENCE INC.

DWG. NO. OG-336-4AXIS-TF-4+OOE

Page 54: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

300.

- 150. ouM

0.

50.-T

CO

w ,d o

lIX)

wJl u

150.

o cr05

lt—^ d

-10.

-2. J

100N 200N SOON 400N SOON 600N 700N

Line 3+OOE - Z Component MI-16

Scale 1:500050 so 100-

(metres)

150 200

NORANDA INC.MICHAUD TWP.

ONTARIO ABITIBI LAKE AREA

LPTEM FIXED-LOOP PROFILING SURVEY Secondary Electromagnetic Field (dB/dt)

Transmitter Frequency: Tx Loop Size: Tx Loop Location: Transmitter Current:

30 Hz (50X duty cycle)300 x 600 meters

LO+00 to L5+OOE ft 0+00 to 3+OOS11.0 Amps

Transmitter Turn-Off Time:

Station Interval:Profile Units:Receiver Coil Orientation:

205 us

25 metersnanoVott/AwrcS

Hz - positive upHx - positive northHy - positive west

Survey Date: November 25, 2004Instrumentation: Rx - Digital Protem (3x20 Channels)

ft Geonics 3D Coil (3x200m-2)_________________Tx - Geonics EM-37 (2.8 kW)

Surveyed Ac Processed by: QUANTEC GEOSCIENCE INC.

DWG. NO. QG-336-4AXIS-Z-3+OOE

Page 55: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

L -100.

oM

l—k

l Ul

lCD

m A O

-1-0.

L -2.

ntrM

Ocv

in XI CJ

o.-f

-1.

100N 200N 300N 400N SOON 600N 700N

Line 3+OOE - Y Component MI-16

50

Scale 1:5000O 50 100 150 200

(metres)

NORANDA INC.MICHAUD TWP.

ONTARIO ABITIBI LAKE AREA

LPTEM FIXED-LOOP PROFILING SURVEY Secondary Electromagnetic Field (dB/dt)

Transmitter Frequency: Tx Loop Size: Tx Loop Location: Transmitter Current:

30 Hz (50X duty cycle)300 x 600 meters

LO+00 to L5+OOE ft 0+00 to 3+OOS11.0 Amps

Transmitter Turn-Off Time:

Station Interval:Profile Units:Receiver Coil Orientation:

205 us

25 metersnanoVoltXA*m*2

Hz - positive upHx - positive northHy - positive west

Survey Date: November 25. 2004Instrumentation: Rx " Digital Protem (3x20 Channels)

A Geonics 3D Coil (3x200nr2)___________________Tx - Geonics EM-37 (2.8 kW)

Surveyed Se Processed by: QUANTEC GEOSCIENCE INC.

DWG. NO. QG-336-4AXIS-Y-3+OOE

Page 56: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

r 150.

~t 0.

lCO

wXIo

o tr wH^

lCJ1

-150.

oM

r—l

l——k

l

O!

--5.

owlCD

o

100N SOON 300N 400N SOON 600N 700N

line 3+OOE - X Component MI-16

50Scale 1:5000

O 50 100 150 200

(metres)

NORANDA INC.MICHAUD TWP.

ONTARIO ABITIBI LAKE AREA

LPTEM FIXED-LOOP PROFILING SURVEY Secondary Electromagnetic Field (dB/dt)

Transmitter Frequency: Tx Loop Size: Tx Loop Location: Transmitter Current:

30 Hz (50JC duty cycle)300 x 600 meters

LO+00 to L5+OOE le 0+00 to 3+OOS11.0 Amps

Transmitter Tum-Off Time:

Station Interval:Profile Units:Receiver Coil Orientation:

205 us

25 metersnanoVoltXA*m*2

Hz - positive upHx - positive northHy - positive west

Survey Date: November 25. 2004Instrumentation: Rx - Digital Protem (3x20 Channels)

A Geonics 3D Coil (3x200m-2)_________________Tx - Geonics EM-37 (2.8 kW)

Surveyed A Processed by: QUANTEC GEOSCIENCE INC.

DWG. NO. QG-336-4AXIS-X-3+OOE

Page 57: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

^400.

lCD

mA O

oC\2

lCD

ViA CJ

50.

-50.

100N 200N 300N 400N SOON 600N 700N

Line 3+OOE - Total Field MI-16

Scale 1:500050 O 50 100 150

•r P (metres)

200

NORANDA INC.MICHAUD TWP.

ONTARIO ABITIBI LAKE AREA

LPTEM FIXED-LOOP PROFILING SURVEY Secondary Electromagnetic Field (dB/dt)

Transmitter Frequency: Tx Loop Size: Tx Loop Location: Transmitter Current:

30 Hz (50X duty cycle)300 x 600 meters

LO+00 to L5+OOE tt 0+00 to 3+OOS11.0 Amps

Transmitter Turn-Off Time:

Station Interval:Profile Units:Receiver Coil Orientation:

205 us

25 metersnanoVoltXA*m"2

Hz - positive upHx - positive northHy - positive west

Survey Date: November 25, 2004Instrumentation: Rx - Digital Protem (3x20 Channels)

4 Geonics 3D Coil (3x200m*2)_________________Tx - Geonics EM-57 (2.8 kW)

Surveyed Se Processed by: QUANTEC GEOSCIENCE INC.

DWG. NO. QG-336-4AXIS-TF-3+OOE

Page 58: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

lCD

WA O

o(M

CD

W XI CJ

-50. J

-2. J

100N 200N 300N 400N SOON 600N 700N

line 2+OOE - Z Component MI-16

Scale 1:500050 O 50 100 150 -

(metres)

200

NORANDA INC.MICHAUD TWP.

ONTARIO ABITIBI LAKE AREA

LPTEM FIXED-LOOP PROFILING SURVEY Secondary Electromagnetic Field (dB/dt)

Transmitter Frequency: Tx Loop Size: Tx Loop Location: Transmitter Current:

30 Hz (50X duty cycle)300 x 600 meters

LO+00 to L5+OOE le 0+00 to 3+OOS11.0 Amps

Transmitter Tum-Off Time:

Station Interval:Profile Units:Receiver Coil Orientation:

205 us

25 metersnanovbltXA*m*2

Hz - positive upHx - positive northHy - positive west

Survey Date: November 25, 2004Instrumentation: Rx - Digital Protem (3x20 Channels)

ic Geonics 3D Coil (3x200m*2)_________________Tx - Geonics EM-37 (2.8 kW)

Surveyed A Processed by: QUANTEC GEOSCIENCE INC.

DWG. NO. QG-3J6-4AXIS-Z-2+OOE

Page 59: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

o

-100.

lCD

m A O -8.

ocr

CI

lCD

m A O -1.

100N 200N 300N 400N SOON 600N 700N

Line 2+OOE - Y Component MI-16

Scale 1:500050 O 50 100 150-

(metres)

200

NORANDA INC.MICHAUD TWP.

ONTARIO ABITIBI LAKE AREA

LPTEM FIXED-LOOP PROFILING SURVEY Secondary Electromagnetic Reid (dB/dt)

Transmitter Frequency: Tx Loop Size: Tx Loop Location: Transmitter Current:

30 Hz (50X duty cycle)300 x 600 meters

LO+00 to L5+OOE A 0+00 to 3+OOS11.0 Amps

Transmitter Tum-Off Time:

Station Interval:Profile Units:Receiver Coil Orientation:

205 us

25 metersnanoVoltXA*m*2

Hz - positive upHx - positive northHy - positive west

Survey Date: November 25, 2004Instrumentation: Rx - Digital Protem (3x20 Channels)

it. Geonics 3D Coil (3x200m*2)_________________Tx - Geonics EM-37 (2.8 kW)

Surveyed Se Processed by: QUANTEC GEOSCIENCE INC.

DWG. NO. QG-336-4AXIS-Y-2+OOE

Page 60: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

lCD

m A U

300.

150. o trM

lQl

-150.

o trw

ll—ken

-5.

l(Di—i

W,d O -2. J

100N 200N 300N 400N SOON GOON 700N

line 2+OOE - X Component MI-16

Scale 1:500050 O 50 100 150-

(metres)

200

NORANDA INC.MICHAUD TWP.

ONTARIO ABITIBI LAKE AREA

LPTEM FIXED-LOOP PROFILING SURVEY Secondary Electromagnetic Field (dB/dt)

Transmitter Frequency: Tx Loop Size: Tx Loop Location: Transmitter Current:

30 Hz (50X duty cycle)300 x 600 meters

LO+00 to L5+OOE A 0+00 to 3+OOS11.0 Amps

Transmitter Turn-Off Time:

Station Interval:Profile Units:Receiver Coil Orientation:

205 us

25 metersnanoVoltXA*m*2

Hz - positive upHx - positive northHy - positive west

Survey Date: November 25. 2004Instrumentation: Rx - Digital Protem (3x20 Channels)

A Geonic* 3D Coil (3x200rm2)_________________Tx - Peonies EM-37 (2.8 kW)

Surveyed A Processed by: QUANTEC GEOSCIENCE INC.

DWG. NO. QG-336-4AXIS-X-2+OOE

Page 61: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

CO

mA O

ocv

lCO1-H

CO

o

-400.

200.

50. T

n U w

len

-200.

nST M

en

--10.

100N 200N SOON 400N 500N 600N 700N

Line 2+OOE - Total Field MI-16

Scale 1:500050 O 50 100 150 200

(metres)

NORANDA INC.MICHAUD TWP.

ONTARIO ABITIBI LAKE AREA

LPTEM FIXED-LOOP PROFILING SURVEY Secondary Electromagnetic Field (dB/dt)

Transmitter Frequency: Tx Loop Size: Tx Loop Location: Transmitter Current:

30 Hz (50JC duty cycle)300 x 600 meters

LO+00 to L5+OOE tt 0+00 to 3+OOS11.0 Amps

Transmitter Turn-Off Time:

Station Interval:Profile Units:Receiver Coil Orientation:

205 us

25 metersnanoVoltXA*m*2

Hz - positive upHx - positive northHy - positive west

Survey Date: November 25, 2004Instrumentation: Rx - Digital Protem (3x20 Channels)

ft Geonics 3D Coil (3x200m-2)_________________Tx - Geonica EM-37 (2.8 kW)

Surveyed A Processed by: QUANTEC GEOSCIENCE INC.

DWG. NO. QG-336-4AXIS-TF-2+OOE

Page 62: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

300.

50

lCD

OTA o

lCD ^—i

OT

O

__Q -

100N 200N 300N 400N SOON GOON 700N

Line 1+OOE - Z Component MI-16

Scale 1:500050 O 50 100 150

(metres)

200

NORANDA INC.MICHAUD TWP.

ONTARIO ABITIBI LAKE AREA

LPTEM FIXED-LOOP PROFILING SURVEY Secondary Electromagnetic Reid (dB/dt)

Transmitter Frequency: Tx Loop Size: Tx Loop Location: Transmitter Current:

30 Hz (50X duty cycle)300 x 600 meters

LO+00 to L5+OOE tc 0+00 to 3+OOS11.0 Amps

Transmitter Turn-Off Time:

Station Interval:Profile Units:Receiver Coil Orientation:

205 us

25 metersnanoVoltXA*m*2

Hz - positive upHx - positive northHy - positive west

Survey Date: November 25, 2004Instrumentation: Rx - Digital Protem (3x20 Channels)

ft Geonics 3D Coil (3x200m*2)_________________Tx - Geonics EM-37 (2.8 kW)

Surveyed 4c Processed by: QUANTEC GEOSCIENCE INC.

DWG. NO. QG-336-4AXIS-Z-UOOE

Page 63: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

l CDw A U

lCD

VIXIO

- 100.oCTM

t—k

l01

-100.

ocrM

-2.

-1.

100N 200N 300N 400N SOON GOON 700N

Line 1+OOE - Y Component MI-16

Scale 1:500050 O 50 100 150—J-

(metres)

200

NORANDA INC.MICHAUD TWP.

ONTARIO ABITIBI LAKE AREA

LPTEM FIXED-LOOP PROFILING SURVEY Secondary Electromagnetic Field (dB/dt)

Transmitter Frequency: Tx Loop Size: Tx Loop Location: Transmitter Current:

30 Hz (50* duty cycle)300 x 600 meters

LO+00 to L5+OOE ic 0+00 to 3+OOS11.0 Amps

Transmitter Tum-Off Time:

Station Interval:Profile Units:Receiver Coil Orientation:

205 us

25 metersnanoVoltXA*m*2

Hz - positive upHx - positive northHy - positive west

Survey Date: November 25, 2004Instrumentation: Rx - Digital Protem (3x20 Channels)

ft Geonics 3D Coil (3x200m*2)_________________Tx - Geonics EM-37 (2.8 kW)

Surveyed A Processed by: QUANTEC GEOSCIENCE INC.

DWG. NO. QG-336-4AXIS-Y-1+OOE

Page 64: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

-150.

lCD

MSio

o trM

--150.

otrM

lH^

01

--5.

lCD*—i

K

u -2. J

100N 200N 300N 400N SOON 600N 700N

Line 1+OOE - X Component MI-16

Scale 1:500050 O 50 100 150~-

(metres)

200

NORANDA INC.MICHAUD TWP.

ONTARIO ABITIBI LAKE AREA

LPTEM FIXED-LOOP PROFILING SURVEY Secondary Electromagnetic Reid (dB/dt)

Transmitter Frequency: Tx Loop Size: Tx Loop Location: Transmitter Current:

30 Hz (50JC duty cycle)300 x 600 meters

LO+00 to L5+OOE 4 0+00 to 3+OOS11.0 Amps

Transmitter Turn-Off Time:

Station Interval:Profile Units:Receiver Coil Orientation:

205 us

25 metersnanoVoltXA*m*2

Hz - positive upHx - positive northHy - positive west

Survey Date: November 25. 2004Instrumentation: Rx - Digital Protem (3x20 Channels)

4 Geonics 30 Coil (3x200m*2)_________________Tx - Geonics EM-37 (2.8 kW)

Surveyed A Processed by: QUANTEC GEOSCIENCE INC.

DWG. NO. QG-336-4AXIS-X- 1+OOE

Page 65: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

CD

WAO

l CD

mA U

50. -\

400.

200. oSTM

-200.

- 10. owi—* i—kih-1

en

-10.

100N 200N 300N 400N SOON 600N 700N

Line 1+OOE - Total Field MI-16

Scale 1:500050 O 50 100 150-~

(metres)

200

NORANDA INC.MICHAUD TWP.

ONTARIO ABITIBI LAKE AREA

LPTEM FIXED-LOOP PROFILING SURVEY Secondary Electromagnetic Field (dB/dt)

Transmitter Frequency: Tx Loop Size: Tx Loop Location: Transmitter Current:

30 Hz (50X duty cycle)300 x 600 meters

LO+00 to L5+OOE ft 0+00 to 3+OOS11.0 Amps

Transmitter Tum-Off Time:

Station Interval:Profile Units:Receiver Coil Orientation:

205 us

25 meters

nonoVoltXA*m*2Hz - positive up

Hx - positive northHy - positive west

Survey Date: November 25, 2004Instrumentation: Rx - Digital Protem (3x20 Channels)

A Geonics 3D Coil (3x200nv2)_________________Tx - Geonics EM-37 (2.8 kW)

Surveyed Se Processed by: QUANTEC GEOSCIENCE INC.

DWG. NO. QG-336-4AXIS-TF-1+OOE

Page 66: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

lCD

W fi O

OC\2

lCD

U

L 300.

50

-2. J

--10.

o.-p-f-i

100N 200N SOON 400N SOON 600N 700N

Line 0+00 - Z Component MI-16

Scale 1:5000so 50 100

T" T (metres)

150 200

NORANDA INC.MICHAUD TWP.

ONTARIO ABITIBI LAKE AREA

LPTEM FIXED-LOOP PROFILING SURVEY Secondary Electromagnetic Reid (dB/dt)

Transmitter Frequency: Tx Loop Size: Tx Loop Location: Transmitter Current:

30 Hz (SOX duty cycle)300 x 600 meters

LO+00 to L5+OOE le O+OO to 3+OOS11.0 Amps

Transmitter Tum-Off Time:

Station Interval:Profile Units:Receiver Coil Orientation:

205 us

25 metersnanoVoltXA*mA2

Hz - positive upHx - positive northHy - positive west

Survey Date: November 25, 2004Instrumentation: Rx — Digital Protem (3x20 Channels)

A Geonics 3D Coil (3x200m*2)_________________Tx - Geonics EM-37 (2.6 kW)

Surveyed A Processed by: QUANTSC GEOSCIENCE INC.

DWG. NO. QG-336-4AXIS-Z-0+00

Page 67: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

CD

WAO

0. i- -l l \ -f-f--T-

r 200.

100. o wh-k

l O1

-100.

ocrM

lh^

O1

L -2.

O C\2

l CD

W ,fl O -1. J

100N 200N 300N 400N SOON 600N 700N

Line 0+00 - Y Component MI-16

Scale 1:500050 O 50 100 150 "

(metres)

200

NORANDA INC.MICHAUD TWP.

ONTARIO ABITIBI LAKE AREA

LPTEM FIXED-LOOP PROFILING SURVEY

Secondary Electromagnetic Reid (dB/dt)

Transmitter Frequency: Tx Loop Size: Tx Loop Location: Transmitter Current:

30 Hz (50X duty cycle)300 x 600 meters

LO+00 to L5+OOE le 0+00 to 3+OOS11.0 Amps

Transmitter Turn-Off Time:

Station Interval:Profile Units:Receiver Coil Orientation:

205 us

25 metersnanoVoltXA*mA2

Hz - positive upHx - positive northHy - positive west

Survey Date: November 25. 2004Instrumentation: Rx - Digital Protem (3x20 Channels)

ft Geonics 3D Coil (3x200nr2)_________________Tx - Geonics EM-37 (2.8 kW)

Surveyed A Processed by: QUANTEC GEOSCIENCE INC.

DWG. NO. QG-336-4AXIS-Y-0+00

Page 68: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

o 20.-

- 150.

0.

L -150.

mX3 L)

lCDT——l

OT

O

OMt—k

lu\

-20.- ntrM

lh-^

en

-2. J

100N 200N 300N 400N SOON 600N 700N

Line 0+00 - X Component MI-16

Scale 1:5000SO O 50 100 150

(metres)

200

NORANDA INC.MICHAUD TWP.

ONTARIO ABITIBI LAKE AREA

LPTEM FIXED-LOOP PROFILING SURVEY Secondary Electromagnetic Field (dB/dt)

Transmitter Frequency: Tx Loop Size: Tx Loop Location: Transmitter Current:

30 Hz (50X duty cycle)300 x 600 meters

LO+00 to L5+OOE ft 0+00 to 3+OOS11.0 Amps

Transmitter Turn-Off Time:

Station Interval:Profile Units:Receiver Coil Orientation:

205 us

25 metersnanoVoltXA*m*2

Hz - positive upHx - positive northHy - positive west

Survey Date: November 25. 2004Instrumentation: Rx - Digital Protem (3x20 Channels)

le Geonics 30 Coil (3x200m*2)___________________Tx - Geonics EM-37 (2.8 kW)

Surveyed A Processed by: QUANTEC GEOSCIENCE INC.

DWG. NO. QG-336-4AXIS-X-0+00

Page 69: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

lCO

m A O

OC\2

lCD

h 400.

-200. ocrM

h-k

lU1

L -200.

h 10. ot?M

en

L -10.

-2. J

100N 200N 300N 400N 500N 600N 700N

line 0+00 - Total Field MI-16

Scale 1:500050 O 50 100 150 200

^^^m

(metres)

NORANDA INC.MICHAUD TWP.

ONTARIO ABITIBI LAKE AREA

LPTEM FIXED-LOOP PROFILING SURVEY Secondary Electromagnetic Reid (dB/dt)

Transmitter Frequency: Tx Loop Size: Tx Loop Location: Transmitter Current:

30 Hz (50X duty cycle)300 x 600 meters

LO+00 to L5+OOE tc 0+00 to 3+OOS11.0 Amps

Transmitter Turn-Off Time:

Station Interval:Profile Units:Receiver Coil Orientation:

205 us

25 metersnanoVoltXA*m*2

Hz - positive upHx - positive northHy - positive west

Survey Date: November 25, 2004Instrumentation: Rx = Digital Protem (3x20 Channels)

tc Geonics 3D Coil (3x200m*2)___________________Tx - Geonics EM-37 (2.6 kW)

Surveyed A Processed by: QUANTEC GEOSCIENCE INC.

DWG. NO. QG-336-4AXIS-TF-0+00

Page 70: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

150.

0.

-150.

ocrwt—*

lui

l CO

-50.

nuM

-10.

ow

lCD

O

100N 200N 300N 400N SOON GOON 700N

Line 6+OOE - Z Component MI-16

Scale 1:500050 O 50 100 150 200

(metres)

NORANDA INC.MICHAUD TWP.

ONTARIO ABITIBI LAKE AREA

LPTEM FIXED-LOOP PROFILING SURVEY Secondary Electromagnetic Reid (dB/dt)

Transmitter Frequency: Tx Loop Size: Tx Loop Location: Transmitter Current:

30 Hz (50X duty cycle)300 x 600 meters

LO+00 to L5+OOE A 0+00 to 3+OOS11.0 Amps

Transmitter Tum-Off Time:

Station Interval:Profile Units:Receiver Coil Orientation:

205 us

25 metersnanoVoltXA*m*2

Hz - positive upHx - positive northHy - positive west

Survey Date: November 25, 2004Instrumentation: Rx - Digital Protem (3x20 Channels)

le Geonics 3D Coil (3x200nr2)_________________Tx - Geonics EM-37 (2.8 kW)

Surveyed 4c Processed by: QUANTEC GEOSCIENCE INC.

DWG. NO. QG-3J6-4AXIS-Z-6+OOE

Page 71: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

ONTARIO MINISTRY OF NORTHERN DEVELOPMENT AND MINES

Transaction No: W0580.00033Recording Date: 2005-JAN-05

Approval Date: 2005-JAN-1 1

Client(s):

Work Report Summary

Status: APPROVEDWork Done from: 2004-OCT-12

to: 2004-NOV-25

176211

Survey Type(s):

NORANDA INC.

EM LC MAG

Work Report Details:

Claim* Perform

L 1240793 32,920

L 1240795 SO

L 1248402 86,800

39,720

External Credits:

Reserve:

Perform Applied Approve Applied Approve

82,920 82,400 82,400

80 8800 8800

36,800 84,000 34,000

39,720 37,200 37,200

30

Assign80so

8800

8800

Assign Approve Reserve

0 3520

0 SO

800 32,000

8800 82,520

Reserve Approve Due Date

3520 2006-J UN-27

30 2006-JUN-27

32,000 2006-JUN-05

32,520

82,520 Reserve of Work Report*: W0580.00033

82,520 Total Remaining

Status of claim is based on information currently on record.

42A09SE2050 2.29029 MICHAUD 900

2005-Jan-17 10:24 ARMSTRONG! Page 1 of 1

Page 72: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

Ministry ofNorthern Developmentand Mines

Date:2005-JAN-12

Ministere du Developpement du Nord et des Mines Ontario

GEOSCIENCE ASSESSMENT OFFICE 933 RAMSEY LAKE ROAD, 6th FLOOR SUDBURY, ONTARIO P3E 6B5

NORANDA INC.800-207 QUEEN'S QUAY WESTTORONTO, ONTARIOM5J 1A7 CANADA

Tel: (888) 415-9845 Fax:(877)670-1555

Dear Sir or Madam

Submission Number: 2.29029 Transaction Number(s): W0580.00033

Subject: Approval of Assessment Work

We have approved your Assessment Work Submission with the above noted Transaction Number(s). The attached Work Report Summary indicates the results of the approval.

At the discretion of the Ministry, the assessment work performed on the mining lands noted in this work report may be subject to inspection and/or investigation at any time.

If you have any question regarding this correspondence, please contact STEVEN BENETEAU by email at [email protected] or by phone at (705) 670-5855.

Yours Sincerely,

/f.Ron C. GashinskiSenior Manager, Mining Lands Section

Cc: Resident Geologist

Noranda Inc. (Claim Holder)

Assessment File Library

Noranda Inc. (Assessment Office)

Dean Rogers (Agent)

Visit our website at http://www.gov.on.ca/MNDM/LANDS/mlsmnpge.htm Page: 1 Correspondence ID:20250

Page 73: RPT ON LINECUTTING & GEOPHYS MICHAUD TP...Report on Linecutting and Geophysics Noranda Inc. "Moneta - Michaud Property" Claims 1240793, 1240795 and 1248402 Michaud Township - NTS 48A/09

42A09SE2050 2.29029 MICHAUD 200 CANADA

MINISTRY OP NORTHERN DCVELOPMCNT AND MINES

PROVINCIAL MINING RECORDER'S OFFICE

Mining Land Tenure Map

5377000N \

LOT w SON s,,,, V-Ax""""--...,/ 3049466 ""-"-,,. \ f' . i x. \ y

570000i 571000EUTM Zone 17 1000m grid

Those wishing to stake mining daims should consult with the Provtndai Mining Recorders' Office of the Ministry of Northern Development and Mines for additional Genera! Information and Limitations information on the status of the lands shown hereon. This map Is not Intended for navigational, survey, or land title determination purposes as the information Contact Information: shown on this map is complied from various sources. Completeness and accuracy are not guaranteed. Additional information may also be obtained through the local Land Titles or Registry Office, or the Ministry of Natural Resources.

The Information shown is derived from digital data available in the Provincial Mining Recorders' Office at the time of downloading from the Ministry of Northern Development and Mines web site.

This map may not show unregistered land tenure and interests inToll Free Map Datum: NAD 83 land Including certain patents, leases, easements, right of ways.

Provincial Mining Recorders' Office Tel: 1 (888) 415-9846 ext S7lftojectlon: UTM (6 degree) flooding rights, licences, or other forms of disposition of rights and Willet Green Miller Centre 933 Ramsey Lake Road Fax: 1 (877) 670-1444 Topographic Data Source: Land Information Ontario Interest from the Crown. Also certain land tenure and land uses Sudbury ON P3E BBS Mining Land Tenure Source: Provincial Mining Recorders' Office *at .r*?trl.et or Prohibit free entry to stake mining claims may not be Home Page: www.mndm.gov.on.ca/MNDM/MINES/LANDS/mlsmnpge.htm

Date ; Time of Issue: Fri Feb 18 11:52:09 EST 2005

TOWNSHIP 7 AREA PLAN MICHAUD 6-3682

ADMINISTRATIVE DISTRICTS 7 DIVISIONSMining DivisionLand Titles/Registry DivisionMinistry of Natural Resources District

Larder Lake Unavailable Unavailable

TOPOGRAPHIC

~ ' Administrative Boundaries

; l Township

Concession, Lot

Provincial Park

p!|| indian Reserve

i" ": Cliff, Pit S Pile

Contour

e, Mine Shafts

A Mine Headframe

^^ , it Railway

____ Road

......... Trail

......... Natural Gas Rpeilne

...... Utilities

i Tower

Land Tenure

Freehold Patent

r^l Surface And Mining Rights

rn Surface Rights Only

r^"j Mining Rights Only

Leasehold Patent

j ' Surface And Mining Rights

r~g] SuHace Rights Only

["pi Mining Rights Only

Licence of Occupation

nn Utes Not Specified

t l Surface And Mining Rights

nn Surface Rights Only

[ ^ ] Mining Rights Only

n^l Land Use Permit

ly/- j Order in Council (Not open for staking)

n^Tj Water Power Lease Agreement

Mining Claimj 1234667

! 1234667Filed Only Mining Claims

LAND TENURE WITHDRAWALS

1234 Areas Withdrawn from DispositionMining Acts Withdrawal Types

Wsm Stirfec* And Mining Rights Withdrawn Ws Surface Rights Only Withdrawn Wm Mining Rights Only Wtffidrawn

Order In Council Withdrawal Types W"sm Surface And Mining Rights Withdrawn W"s Surfect RlghB Only Withdrawn W'm Mining Rights Only Withdrawn

Ms | IMPORTANT NOTICES

Bull 1:137*7

Illustrated.