hornby bay basin hornby bay exploration ltd.

Transcription

TECHNICAL REPORT
ON THE
URANIUM RESOURCES
AT
HORNBY BAY BASIN
NUNAVUT,
CANADA
ON BEHALF OF
HORNBY BAY EXPLORATION LTD.
357 Bay Street, Suite 700
Toronto, Ontario
M5H 2T7
BY:
G.S. CARTER, P. ENG.
December 9, 2004
BROAD OAK ASSOCIATES
365 Bay Street
Suite 304
Toronto, Ontario
Canada, M5H 2V1
Hornby Bay Basin
1
Broad Oak Associates
TABLE OF CONTENTS
Page Number
3.0
Summary
3
4.0
Introduction and Terms of Reference
4
5.0
Disclaimer
4
6.0
Property Description and Location
4
7.0
Accessibility, Climate, Local Resources, Infrastructure,
and Physiography
16
8.0
History
17
9.0
Geological Setting
22
10.0
Deposit Types
25
11.0
Mineralization
27
12.0
Exploration
27
13.0
Drilling
28
14.0
Sampling Method and Approach
34
15.0
Sample Preparation, Analyses and Security
35
16.0
Data Verification
37
17.0
Adjacent Properties
38
18.0
Mineral Processing and Metallurgical Testing
38
19.0
Mineral Resource and Mineral Reserve Estimates
38
20.0
Other Relevant Data and Information
39
21.0
Interpretation and Conclusions
39
22.0
Recommendations
40
23.0
References
42
24.0
Illustrations
54
Certificate of Author
55
Consent of Author
57
Hornby Bay Basin
2
3.00 Summary
The Hornby Bay Basin, Athabasca Basin and the Thelon Basin are thought to be remnants
of a larger single proteozoic basin. The Coppermine Property, like the Athabasca Basin, is
still covered with mature quartz sandstones, while the sandstones have eroded at the Asiak
Property. Exploration of the Coppermine Area dates back over 200 years, and these
properties are thought to have the potential to host not only Uranium deposits, but
diamondiferous kimberlites, and base metals. Initial Uranium exploration in the Northwest
Territories (“NWT”) began in the late 1940’s after the discovery and commercial
exploitation of pitchblende vein deposits at Port Radium, on the east shore of Great Bear
Lake. In the 1970’s, the first serious work commenced on the Hornby Bay Basin, and in
1972 a small sub economic deposit hosted in the sandstones of the Dismal Lakes Group,
was found by Esso Minerals.
In 1996, Hornby Bay Exploration Ltd. (“Hornby” or the “Company”) started assembling all
the exploration data available, and has since conducted many programs that have resulted in
the realization that from a geological point of view, the Hornby, Athabasca, and Thelon
Basins are very similar and were once part of a larger basin.
Hornby has now spent close to $10 million on exploration which includes several
geophysical surveys that has been used to identify graphitic conductors in the Hornby Bay
Basin. The intersections of thick intervals of graphitic metasediment in the basement rocks
below the Horny Bay Basin, confirmation of structural disturbance at the uncomformity
contact, the discovery of six new significant radioactive occurrences in sandstone, over 140
anomalous Uranium assay results in sandstone rock samples (a cluster of 11 samples > 10
ppm in the north central area of the Coppermine claim block), and the discovery of three
new zones of intense alteration in the Hornby Bay Group sedimentary rocks, found during
the 2004 program, all confirm the prospective nature of the Basin, and its interpretation as
geologically similar to the Athabasca Basin. The Athabasca basin has proven to be the most
prolific and highest grade source of Uranium in the World to date.
Hornby has identified many targets through geophysical surveys and has confirmed that the
geological setting is similar to as the Athabasca Basin. Hornby has also confirmed the
existence of Uranium in the Basin, suggesting that continued exploration will identify a
Uranium resource if not a Uranium reserve after sufficient exploration has been completed.
It should be noted that in the case of the McArthur River Deposit (located in the Athabasca
Basin), it took eight years of exploration prior to the discovery hole in 1988, and production
was achieved in 1999.
The Company is creating a 3-D model of drill hole log datasets, geochemical and structural
data. The analysis of geophysical and geochemical data is ongoing and an alteration study is
underway. The new occurrences identified during the 2004 exploration program will be
followed up with further geologic mapping, interpretation, and drilling as warranted in the
2005 season. For the 2005 season, further ground geophysics and drilling are planned.
Hornby Bay Basin
3
The setting is correct, the presence of high grade Uranium is confirmed, and continued
exploration will continue to define the targets more precisely, suggesting a high
probability that continuing exploration should result in the identification of Uranium
resources.
4.0 Introduction and Terms of Reference
Broad Oak Associates (“Broad Oak”) was engaged by Hornby Bay Exploration Ltd.
(“Hornby”) to provide an independent technical report. This report was prepared under the
direction of Geoffrey S. Carter, a principal of Broad Oak and a Qualified Person. A site
visit was made from September 14 to 17, 2004, and visits were made to several locations on
the property and samples taken. The extensive data base that Hornby has assembled in their
offices has been made fully available to Broad Oak.
Hornby has provided Broad Oak, as of the date of this report, with Certifications of
Representation, from the President and C.E.O., George Bell, and from the Vice President of
Exploration, David Bent who is a Qualified Person.
5.0 Disclaimer
Not Applicable, except as in certificate.
6.0 Property Description and Location
Hornby Bay holds a 100% interest in 214 mineral claims covering 210,600 hectares on the
southwest shore of Coronation Gulf in Nunavut Territory, Canada, approximately 100
kilometres south of Kugluktuk (formerly known as Coppermine). It is approximately 500
kilometres north of Yellowknife where the main supply base of operations is located. The
base camp is located on the south shore of Mouse Lake, where float and ski equipped
aircraft can land. Larger aircraft land at Kugluktuk where people, fuel and supplies can be
ferried into Mouse Lake. There is also a landing strip along the Coppermine River
approximately 28 kilometres away from the camp.
The project area extends from latitude 67˚40’ to 66˚15’ north and longitude 120˚ to 114˚
west. The Mouse Lake camp is located at latitude 67˚06’ north and longitude 115˚44’ west.
All the exploration carried out to date has been in compliance with the environmental rules
in place at the time it was carried out. There has been little disturbance to the surface as all
equipment is moved by helicopter in the summer as surface transportation is difficult and
would damage the permafrost, and is therefore not been used. In the winter surface
transportation can be used as the ground is frozen and damage does not occur. Therefore
there are no environmental liabilities at this point in time.
Hornby Bay Basin
4
Location Maps
Hornby Bay Basin
5
Hornby Bay Basin
6
Hornby Bay Basin
7
Coppermine River Claim Block
Hornby Bay Basin
8
List of Mining Claims and Status
Wrk
Claim
Claim
Number
Name
NTS 1
NTS 2
NTS 3
NTS 4
Record
Date
Fin
Current
Number
Anniversary
of Acres
Date**
COPPERMINE CLAIMS
9
F59109
DM 29
086J13
1996-06-18
18-Jun-2005
2582.50
9
F59110
DM 30
086J13
1996-06-18
18-Jun-2005
2582.50
2582.50
9
F59111
DM 31
086J13
1996-06-18
18-Jun-2005
10
F59112
DM 32
086J13
1996-06-18
18-Jun-2006
2582.50
9
F59113
DM 33
086J13
1996-06-18
18-Jun-2005
2582.50
9
F59114
DM 34
086J13
1996-06-18
18-Jun-2005
2582.50
9
F59115
DM 35
086J13
1996-06-18
18-Jun-2005
2582.50
9
F59116
DM 36
086J13
1996-06-18
18-Jun-2005
2582.50
9
F59120
DM 40
086J13
1996-06-18
18-Jun-2005
2582.50
9
F59121
DM 41
086J13
1996-06-18
18-Jun-2005
2582.50
9
F59122
DM 42
086J13
1996-06-18
18-Jun-2005
2582.50
9
F59123
DM 43
086J13
1996-06-18
18-Jun-2005
2582.50
9
F59124
DM 44
086J13
1996-06-18
18-Jun-2005
2582.50
9
F59129
DM 49
086J13
1996-06-18
18-Jun-2005
2582.50
9
F59130
DM 50
086J13
1996-06-18
18-Jun-2005
2582.50
9
F59131
DM 51
086J13
1996-06-18
18-Jun-2005
2582.50
9
F59132
DM 52
086J13
1996-06-18
18-Jun-2005
2582.50
9
F59133
DM 53
086J13
1996-06-18
18-Jun-2005
2582.50
9
F59134
DM 54
086J13
1996-06-18
18-Jun-2005
2582.50
9
F59135
DM 55
086J13
1996-06-18
18-Jun-2005
2582.50
9
F59136
DM 56
086J13
086J14
1996-06-18
18-Jun-2005
2582.50
9
F59137
DM 57
086J13
086J14
1996-06-18
18-Jun-2005
2582.50
9
F59138
DM 58
086J13
086J14
1996-06-18
18-Jun-2005
1756.10
9
F59139
DM 59
086J13
086J14
1996-06-18
18-Jun-2005
2582.50
9
F59140
DM 60
086J12
1996-06-18
18-Jun-2005
2582.50
9
F59141
DM 61
086J12
1996-06-18
18-Jun-2005
2582.50
9
F59142
DM 62
086J12
1996-06-18
18-Jun-2005
2582.50
9
F59143
DM 63
086J12
1996-06-18
18-Jun-2005
2582.50
9
F59144
DM 64
086J12
1996-06-18
18-Jun-2005
2582.50
9
F59145
DM 65
086J12
1996-06-18
18-Jun-2005
2582.50
8
F42997
DM 69
086J12
1996-09-12
12-Sep-2004
2582.50
8
F42998
DM 70
086J12
1996-09-12
12-Sep-2004
2582.50
8
F42999
DM 71
086J13
1996-09-12
12-Sep-2004
2582.50
8
F43000
DM 72
086J14
1996-09-12
12-Sep-2004
2582.50
TOTAL DM
34
086J13
Claims
86,978.60
8
F43216
LB 73
086J12
1996-10-07
7-Oct-2004
2582.50
8
F43217
LB 74
086J12
1996-10-07
7-Oct-2004
2582.50
TOTAL LB
2
Claims
5,165.00
8
F61975
CM 5
086N01
1997-01-20
20-Jan-2005
2582.50
8
F61976
CM 6
086N01
1997-01-20
20-Jan-2005
2582.50
8
F61977
CM 7
086N01
1997-01-20
20-Jan-2005
2582.50
8
F61978
CM 8
086N01
1997-01-20
20-Jan-2005
2582.50
Hornby Bay Basin
9
8
F61979
CM 9
086N01
1997-01-20
20-Jan-2005
2582.50
8
F61982
CM 12
086N01
1997-01-20
20-Jan-2005
1291.25
8
F61986
CM 16
086N01
1997-01-20
20-Jan-2005
2582.50
8
F61987
CM 17
086N01
1997-01-20
20-Jan-2005
2582.50
8
F61988
CM 18
086N01
1997-01-20
20-Jan-2005
2582.50
8
F61991
CM 21
086N01
1997-01-20
20-Jan-2005
2582.50
8
F61992
CM 22
086N01
1997-01-20
20-Jan-2005
2582.50
8
F61993
CM 23
086N01
1997-01-20
20-Jan-2005
2582.50
8
F61994
CM 24
086N01
1997-01-20
20-Jan-2005
2582.50
8
F61997
CM 27
086K16
1997-01-20
20-Jan-2005
2582.50
8
F61998
CM 28
086K16
1997-01-20
20-Jan-2005
2582.50
8
F61999
CM 29
086K16
1997-01-20
20-Jan-2005
2582.50
8
F62000
CM 30
086K16
1997-01-20
20-Jan-2005
2582.50
8
F62001
CM 31
086K16
1997-01-20
20-Jan-2005
2582.50
8
F62003
CM 33
086K16
1997-01-20
20-Jan-2005
2582.50
8
F62004
CM 34
086K16
1997-01-20
20-Jan-2005
2582.50
8
F62005
CM 35
086K16
1997-01-20
20-Jan-2005
2582.50
8
F62006
CM 36
086K16
1997-01-20
20-Jan-2005
2582.50
8
F62007
CM 37
086K16
1997-01-20
20-Jan-2005
2582.50
8
F62008
CM 38
086K16
1997-01-20
20-Jan-2005
2582.50
8
F62010
CM 40
086K16
1997-01-20
20-Jan-2005
2582.50
8
F62011
CM 41
086K16
1997-01-20
20-Jan-2005
2582.50
8
F62012
CM 42
086K16
1997-01-20
20-Jan-2005
2582.50
8
F62013
CM 43
086K16
1997-01-20
20-Jan-2005
2582.50
8
F62014
CM 44
086K16
1997-01-20
20-Jan-2005
2582.50
8
F62015
CM 45
086K16
1997-01-20
20-Jan-2005
2582.50
10
F62016
CM 46
086J13
1997-01-20
20-Jan-2007
2582.50
8
F62017
CM 47
086J13
1997-01-20
20-Jan-2005
2582.50
8
F62018
CM 48
086O04
1997-01-20
20-Jan-2005
2582.50
8
F62019
CM 49
086O04
1997-01-20
20-Jan-2005
2582.50
8
F62022
CM 52
086O04
1997-01-20
20-Jan-2005
2582.50
8
F62023
CM 53
086O04
1997-01-20
20-Jan-2005
2582.50
8
F62024
CM 54
086J13
1997-01-20
20-Jan-2005
2582.50
8
F62025
CM 55
086J13
1997-01-20
20-Jan-2005
2260.00
8
F62026
CM 56
086J13
1997-01-20
20-Jan-2005
1962.80
8
F62027
CM 57
086J13
1997-01-20
20-Jan-2005
2582.50
8
F62028
CM 58
086O04
1997-01-20
20-Jan-2005
2582.50
8
F62029
CM 59
086O04
1997-01-20
20-Jan-2005
2582.50
8
F62032
CM 62
086O04
1997-01-20
20-Jan-2005
2582.50
8
F62033
CM 63
086J13
1997-01-20
20-Jan-2005
2582.50
8
F62034
CM 64
086J13
1997-01-20
20-Jan-2005
1928.50
8
F62035
CM 65
086J13
1997-01-20
20-Jan-2005
1928.50
8
F62036
CM 66
086J13
1997-01-20
20-Jan-2005
2582.50
8
F62037
CM 67
086O04
1997-01-20
20-Jan-2005
2582.50
8
F62038
CM 68
086O04
1997-01-20
20-Jan-2005
2582.50
8
F62039
CM 69
086J13
1997-01-20
20-Jan-2005
2582.50
8
F62040
CM 70
086J13
1997-01-20
20-Jan-2005
1928.50
8
F62041
CM 71
086J13
1997-01-20
20-Jan-2005
822.80
8
F62042
CM 72
086J13
1997-01-20
20-Jan-2005
2217.40
8
F62045
CM 75
086J13
1997-01-20
20-Jan-2005
1945.60
Hornby Bay Basin
10
8
F62046
CM 76
086J13
1997-01-20
20-Jan-2005
1945.60
8
F62047
CM 77
086O04
1997-01-20
20-Jan-2005
2582.50
8
F62048
CM 78
086O03
086O04
1997-01-20
20-Jan-2005
2582.50
8
F62049
CM 79
086J13
086J14
1997-01-20
20-Jan-2005
1945.60
8
F62051
CM 81
086J13
1997-01-20
20-Jan-2005
2582.50
8
F62052
CM 82
086J13
1997-01-20
20-Jan-2005
2582.50
8
F62053
CM 83
086J13
1997-01-20
20-Jan-2005
1677.00
8
F62054
CM 84
086J12
086J13
1997-01-20
20-Jan-2005
1652.90
8
F62055
CM 85
086J12
086J13
1997-01-20
20-Jan-2005
2376.00
8
F62056
CM 86
086J12
1997-01-20
20-Jan-2005
2582.50
8
F62058
CM 88
086J12
1997-01-20
20-Jan-2005
2582.50
8
F62059
CM 89
086J12
1997-01-20
20-Jan-2005
2582.50
8
F62060
CM 90
086J12
1997-01-20
20-Jan-2005
2440.20
TOTAL CM
67
Claims
162,612.65
F65941
CD1
1880.00
F65942
CD2
1880.00
F65943
CD3
730.00
TOTAL CD
3
4,490.00
COPPERMINE
TOTAL
259,246.25
106
Claims
Check Numbers:
EAST
CLAIMS
8
F65815
3M 3
O86J 11
7
F65816
3M 4
086J 14
TOTAL 3M
2
086J 14
1998-10-14
14-Oct-2004
239.90
1998-10-14
14-Oct-2004
611.50
Claims
851.40
7
F36791
B-1
O86J 10
1998-07-28
28-Jul-2004
8
F36792
B-2
O86J 10
1998-07-28
28-Jul-2004
2582.50
8
F36793
B-3
O86J 10
O86J 15
1998-07-28
28-Jul-2004
2582.50
7
F36794
B-4
O86J 10
O86J 16
1998-07-28
28-Jul-2004
2582.50
8
F36795
B-5
O86J 15
1998-07-28
28-Jul-2004
2582.50
8
F36796
B-6
O86J 15
1998-07-28
28-Jul-2004
2582.50
8
F36797
B-7
O86J 15
1998-07-28
28-Jul-2004
2582.50
7
F36798
B-8
O86J 10
1998-07-28
28-Jul-2004
2324.25
6
F36799
B-9
O86J 10
1998-07-28
28-Jul-2004
2324.25
TOTAL B
9
Claims
2582.50
22,726.00
9
F49943
DM 66
086J10
1996-06-18
18-Jun-2005
2014.35
9
F42992
DM 67
086J11
1996-09-12
12-Sep-2005
1549.50
9
F42996
DM 68
086J10
1996-09-12
12-Sep-2005
2582.50
TOTAL DM
3
086J11
Claims
6,146.35
8
F62063
CM 93
086J10
1997-01-20
20-Jan-2005
2582.50
8
F62064
CM 94
086J10
086J15
1997-01-20
20-Jan-2005
2582.50
8
F62065
CM 95
086J10
086J15
1997-01-20
20-Jan-2005
2582.50
Hornby Bay Basin
11
10
F62066
CM 96
TOTAL CM
086J10
4
086J11
086J14
Claims
086J15
1997-01-20
20-Jan-2007
1969.70
9,717.20
TOTAL EAST CLAIMS
39,440.95
18
Claims
GRAND TOTAL ALL CLAIMS
214
520,393.75
Claims
Regarding the Coppermine Claims that appear to have expired, Hornby has filed the
appropriate paperwork with the government, the fees have been paid, and all the claims
with anniversary dates that have past are pending. Hornby is currently waiting for
confirmation from the government and expects that all claims will roll forward by one
year.
Hornby Bay Basin
12
Asiak River Claim Block
Hornby Bay Basin
13
Yrs
Claim
Claim
Wrk
Number
Name
NTS 1
NTS 2
NTS 3
NTS 4
Record
Date
Fin
Current
Number
Anniversary
of Acres
Date**
90,904
ASIAK CLAIMS
7
F36731
FM 1
086O08
1998-03-10
10-Mar-2005
2582.50
7
F36732
FM 2
086O08
1998-03-10
10-Mar-2005
2582.50
7
F36733
FM 3
086O08
1998-03-10
10-Mar-2005
2582.50
7
F36734
FM 4
086O08
1998-03-10
10-Mar-2005
2582.50
7
F36735
FM 5
086O08
1998-03-10
10-Mar-2005
2582.50
7
F36736
FM 6
086O08
1998-03-10
10-Mar-2005
1549.50
7
F36737
FM 7
086O08
1998-03-10
10-Mar-2005
2582.50
7
F36738
FM 8
086O08
1998-03-10
10-Mar-2005
2582.50
7
F36739
FM 9
086O08
1998-03-10
10-Mar-2005
2582.50
7
F36740
FM 10
086O08
1998-03-10
10-Mar-2005
2582.50
7
F36741
FM 11
086O08
1998-03-10
10-Mar-2005
2582.50
7
F36742
FM 12
086O08
1998-03-10
10-Mar-2005
1549.50
7
F36743
FM 13
086O08
1998-03-10
10-Mar-2005
2582.50
7
F36744
FM 14
086O08
1998-03-10
10-Mar-2005
2582.50
7
F36745
FM 15
086O08
1998-03-10
10-Mar-2005
2582.50
7
F36746
FM 16
086O08
1998-03-10
10-Mar-2005
2582.50
7
F36747
FM 17
086O08
1998-03-10
10-Mar-2005
2582.50
7
F36748
FM 18
086O08
1998-03-10
10-Mar-2005
1549.50
7
F36749
FM 19
086O08
1998-03-10
10-Mar-2005
2582.50
7
F36750
FM 20
086O08
1998-03-10
10-Mar-2005
2582.50
7
F36751
FM 21
086O08
1998-03-10
10-Mar-2005
2582.50
7
F36752
FM 22
086O08
1998-03-10
10-Mar-2005
2582.50
7
F36753
FM 23
086O08
1998-03-10
10-Mar-2005
2582.50
7
F36754
FM 24
086O08
1998-03-10
10-Mar-2005
1549.50
7
F36755
FM 25
086O08
1998-03-10
10-Mar-2005
2582.50
7
F36756
FM 26
086O08
1998-03-10
10-Mar-2005
2582.50
7
F36757
FM 27
086O08
1998-03-10
10-Mar-2005
2582.50
7
F36758
FM 28
086O08
1998-03-10
10-Mar-2005
2582.50
7
F36759
FM 29
086O08
1998-03-10
10-Mar-2005
2582.50
7
F36760
FM 30
086O08
1998-03-10
10-Mar-2005
1549.50
7
F36761
FM 31
086O08
086O09
1998-03-10
10-Mar-2005
2582.50
7
F36762
FM 32
086O08
086O09
1998-03-10
10-Mar-2005
2582.50
7
F36763
FM 33
086O08
086O09
1998-03-10
10-Mar-2005
2582.50
7
F36764
FM 34
086O08
086O09
1998-03-10
10-Mar-2005
2582.50
7
F36765
FM 35
086O08
086O09
1998-03-10
10-Mar-2005
2582.50
7
F36766
FM 36
086O08
086O09
1998-03-10
10-Mar-2005
1549.50
7
F36767
FM 37
086O09
1998-03-10
10-Mar-2005
2324.25
7
F36768
FM 38
086O09
1998-03-10
10-Mar-2005
2324.25
7
F36769
FM 39
086O09
1998-03-10
10-Mar-2005
2324.25
7
F36770
FM 40
086O09
1998-03-10
10-Mar-2005
2324.25
7
F36771
FM 41
086O09
1998-03-10
10-Mar-2005
2324.25
7
F36772
FM 42
086O09
1998-03-10
10-Mar-2005
1394.55
Hornby Bay Basin
14
TOTAL
FM
42
Claims
99,787.80
9
F65211
A-1
086O08
1998-06-04
4-Jun-2007
2582.50
9
F65212
A-2
086O08
1998-06-04
4-Jun-2007
2582.50
9
F65213
A-3
086O08
1998-06-04
4-Jun-2007
2349.00
9
F65214
A-4
086O08
1998-06-04
4-Jun-2007
2582.50
9
F65215
A-5
086O08
1998-06-04
4-Jun-2007
2582.50
9
F65216
A-6
086O08
1998-06-04
4-Jun-2007
2582.50
9
F65217
A-7
086O08
1998-06-04
4-Jun-2007
2582.50
9
F65218
A-8
086O08
1998-06-04
4-Jun-2007
2582.50
9
F65219
A-9
086O08
1998-06-04
4-Jun-2007
2582.50
9
F65220
A-10
086O08
1998-06-04
4-Jun-2007
2582.50
9
F65221
A-11
086O08
1998-06-04
4-Jun-2007
2582.50
9
F65222
A-12
086O08
1998-06-04
4-Jun-2007
2582.50
10
F65223
A-13
086O08
1998-06-04
4-Jun-2008
2582.50
10
F65224
A-14
086O08
1998-06-04
4-Jun-2008
2582.50
7
F65779
A-15
086O08
1998-10-14
14-Oct-2005
2582.50
7
F65780
A-16
086O08
086O09
1998-10-14
14-Oct-2005
2582.50
7
F65781
A-17
086O08
086O09
1998-10-14
14-Oct-2005
2582.50
7
F65782
A-18
086O08
086O09
1998-10-14
14-Oct-2005
2582.50
7
F65783
A-19
086O09
1998-10-14
14-Oct-2005
2324.25
7
F65784
A-20
086O09
1998-10-14
14-Oct-2005
2324.25
7
F65785
A-21
086O09
1998-10-14
14-Oct-2005
Claims
Claims
TOTAL A
21
2324.25
53,224.25
7
F65786
HB 1
086O01
086O08
1998-10-14
14-Oct-2005
1549.50
7
F65787
HB 2
086O01
086O08
1998-10-14
14-Oct-2005
2582.50
6
F65788
HB 3
086O01
086O08
1998-10-14
14-Oct-2004
2582.50
6
F65789
HB 4
086O01
086O08
1998-10-14
14-Oct-2004
2582.50
6
F65790
HB 5
086O01
086O08
1998-10-14
14-Oct-2004
2582.50
6
F65791
HB 6
086O01
086O08
1998-10-14
14-Oct-2004
2582.50
6
F65792
HB 7
086O01
086O08
1998-10-14
14-Oct-2004
2582.50
6
F65793
HB 8
086O01
086O08
1998-10-14
14-Oct-2004
2582.50
6
F65794
HB 9
086O01
086O08
1998-10-14
14-Oct-2004
2582.50
6
F65795
HB 10
086O01
1998-10-14
14-Oct-2004
2582.50
6
F65796
HB 11
086O01
1998-10-14
14-Oct-2004
2582.50
6
F65797
HB 12
086O01
1998-10-14
14-Oct-2004
2582.50
6
F65798
HB 13
086O01
1998-10-14
14-Oct-2004
2582.50
6
F65799
HB 14
086O01
1998-10-14
14-Oct-2004
2582.50
6
F65800
HB 15
086O01
1998-10-14
14-Oct-2004
2582.50
6
F65801
HB 16
086O01
1998-10-14
14-Oct-2004
2582.50
6
F65802
HB 17
086O01
1998-10-14
14-Oct-2004
2582.50
6
F65803
HB 18
086O01
1998-10-14
14-Oct-2004
2582.50
6
F65804
HB 19
086O01
1998-10-14
14-Oct-2004
2582.50
6
F65805
HB 20
086O01
1998-10-14
14-Oct-2004
2582.50
6
F65806
HB 21
086O01
1998-10-14
14-Oct-2004
2582.50
6
F65807
HB 22
086O01
1998-10-14
14-Oct-2004
2582.50
6
F65808
HB 23
086O01
1998-10-14
14-Oct-2004
2582.50
6
F65809
HB 24
086O01
1998-10-14
14-Oct-2004
2582.50
6
F65810
HB 25
086O01
1998-10-14
14-Oct-2004
2582.50
Hornby Bay Basin
15
6
F65811
HB 26
086O01
1998-10-14
14-Oct-2004
2582.50
6
F65812
TOTAL
HB
HB 27
086O01
1998-10-14
14-Oct-2004
2582.50
27
Claims
68,694.50
TOTAL ASIAK
CLAIMS
221,706.55
90
Claims
Regarding the Asiak Claims that appear to have expired, Hornby will have filed the
appropriate paperwork by January 2005 and as with the expired Coppermine claims,
expect all to be rolled forward by a minimum of one year from the expiration date.
7.0 Accessibility, Climate, Local Resources, Infrastructure and Physiography
The topography of the region has moderate relief with rolling hills and ridges incised by
the Coppermine River and its tributaries in the west and the Asiak River valley in the
east. This relief is approximately 450 metres. The Coppermine River flows through a
flat bottomed valley in the western part of the area until it spreads out to a wide plain near
the Arctic Coast. In the upland areas, there are numerous lakes whose general orientation
reflects the most recent ice advance in the area during the last ice age.
These uplands are generally barren of trees, with only sedges, willows and occasionally
stunted spruce and bushes. Ground cover consists of moss, orange and yellow lichens,
green plants referred to as arctic grasses. The ground is permanently frozen to a depth of
300 metres with only the first few metres thawing in the summer and then only in sandy
well drained areas. Frost boils are abundant and provide and excellent sample medium
for heavy mineral sampling. Fairly dense stands of tall spruce occur in the sheltered
valley of the Coppermine River, but these die out at an elevation of approximately 350
metres.
As the tundra is located close to the treeline, there is a wide variety of wildlife including
grizzly and black bears, wolverines, moose, muskox, caribou, fox, wolves, rabbits,
weasels, birds, and ducks.
Precipitation falls mainly in the form of snow between September and late May. The
average annual rainfall is 133.4 millimetres and the average annual snowfall is 165.7
centimetres. The lakes generally freeze in October and break up is in late June. Summer
temperatures are cool ranging from 8˚C to 14˚C. Winters are long and cold ranging from
-20˚C and -35˚C. The extreme high is 34.9˚C and the extreme low is -47.2˚C. Fog flow
rolling in from Coronation Gulf can cause problems for aircraft in the late spring and fall.
In the winter there can be 24 hours of darkness with only the northern lights to guide you
and in the summer there are 24 hours of daylight.
Hornby Bay Basin
16
Access to the properties is by float or ski equipped aircraft or by helicopter from
Yellowknife or Coppermine. A few lakes and parts of the Coppermine River are suitable
for landing on floats or on skis in the winter. Scheduled air service is available between
Yellowknife and Coppermine where there is an all-weather gravel airstrip.
Hornby Bay maintains a 25-man base camp at Mouse Lake, a few kilometres north of the
Coppermine claim block. Other than the seasonally operated base camp, there is no
infrastructure in the immediate area of the claims.
8.0 History
8.1
The Coppermine River Region
The Coppermine River region, which includes the area of the eastern lobe of the Hornby
Bay Basin, has been the focal point of exploration in north western Canada for over 200
years. Native copper from the Coppermine River basalt flows was used by northern
Indians and the Inuit for implements before the arrival of Europeans in Canada. In 1769,
the Hudson's Bay Company dispatched one of its young clerks, Samuel Hearne, on an
expedition from Churchill, Manitoba to report on the source of copper. It was not until
1771, after two aborted attempts, that Hearne reached the Coppermine area. The copper
mine proved to be disappointing when after several hours of searching, only a few pieces
of native copper were found. Sir John Franklin examined the Coppermine River basalt
flows in 1821 while en route to the Arctic coast during his expedition of 1819-1822 and
he confirmed the disappointing findings of Hearne. During the next century, there was a
succession of explorations by various mining companies during the years 1929-1931,
1943-1945, 1955-1957 and 1966-1969.
The Muskox Intrusion, a layered mafic-ultramafic complex which lies along the eastern
margin of the Hornby Bay Basin, was discovered by the Canadian Nickel Company
(INCO) in 1956 and subjected to intensive exploration for nickel-copper deposits during
the summers of 1957-59, with disappointing results. In the late 1980's, the intrusion was
examined again for platinum group elements associated with the sulphide and chromite
horizons. Results of this work were not encouraging.
Exploration for uranium in the NWT was fuelled by the discovery and commercial
exploitation of pitchblende vein deposits at Port Radium on the east shore of Great Bear
Lake in the 1940's. In the late 1940's and early 195O’s, some work was done to the east
of Great Bear Lake but without encouraging results. In the 1970's, there was resurgence
in uranium exploration and the first serious work commenced on the Hornby Bay Basin.
Companies such as Acquitaine, Esso Minerals, BP Minerals, Gulf Minerals, Hudson's
Bay Oil and Gas, Cominco, Uranerz, Alberta Energy Corporation, CDC Oil and Gas,
Union Carbide and Inco were all active in the western part of the Hornby Bay Basin. This
work resulted in the discovery in 1972 by Esso Minerals, of the Mountain Lake deposit, a
small, sub-economic deposit hosted by sandstones of the Dismal Lakes Group. In the
eastern part of the Hornby Bay Basin, which lies within NTS map sheet 86J, virtually all
Hornby Bay Basin
17
the prospective ground was held by BP Minerals. During the period between 1977 and
1983 they, and companies affiliated with them through joint ventures, were the only
active explorers in this area.
The following is a chronological listing of exploration that has been carried out within
NTS map-sheet 86J which covers the area around the eastern lobe of the Hornby Bay
Basin.
1771
Samuel Hearne travelled through the map sheet area during his
investigations of the copper potential of the Coppermine River basalts.
1929-31, 1943-45, 1955-57
Various companies were exploring the copper potential of the basalts in
the northern part of the map sheet.
1956-59
INCO tested the Muskox Intrusion for copper, nickel deposits. Work
included geological mapping, geophysical surveys and drilling.
1966-69
A period of renewed exploration occurred on the Coppermine River
basalts. Several companies were active including Triana Resources,
Coppermine River Ltd., and Bernack Coppermine Exploration Ltd. Work
comprised prospecting, geophysics and drilling.
No significant
mineralization was located within the map sheet but to the northwest the
47 Zone (4.0 million tonnes of 2.96% Cu) and the June deposit (1.0
million tonnes of 2.5% Cu) were discovered. Both deposits were subeconomic.
1969-70
Trans Canada Resources conducted mapping, airborne and ground
geophysics and lithogeochemistry, 10 kilometres east of the Ox Claims, on
marginal zones of the Muskox Intrusion for copper-nickel-PGE deposits.
1976-81
BP Minerals explored extensively throughout parts of the map sheet for
uranium. Work comprised prospecting, geologic mapping, airborne and
ground geophysics, soil geochemistry, radon in soil testing, and drilling.
Most of this work was conducted around and north of the Bear claims.
Drilling outlined the Bog uranium prospect which is now covered by
Hornby Bay Resources' Bog Claim Group.
1979-81
Hudson's Bay Oil and Gas conducted mapping and prospecting surveys
for uranium in an area 15 kilometres south, southwest of Hornby Bay
Resources' South Claim Group.
1982-83
Anaconda Canada Exploration Ltd. carried out mapping, radon in soil,
ground geophysics and drilling in the-area east and north of the Bear
Claim, in a joint venture with BP Minerals.
Hornby Bay Basin
18
1985-86
Platinum Exploration Canada conducted lithogeochemical surveys for
copper, nickel and PGE’s along marginal zones of the Muskox Intrusion,
10 kilometres northeast of the Ox Claim Group.
1986-87
Equinox Resources Limited explored the Muskox Intrusion 15 kilometres
northeast of the Ox Claims.
Work included lithogeochemistry,
prospecting, ground geophysics and drilling, for copper, nickel and PGE’s.
1987-88
International Platinum Corporation evaluated the marginal zones of the
Muskox Intrusion, 15 kilometres northeast of the Ox Claim Group, and
conducted a program of prospecting, lithogeochemistry and drilling.
In the early 1990's, Cominco carried out prospecting and mapping for copper over the
Coronation sills and Rae Group sediments along the northern margin of the map sheet, 15
to 50 kilometres north of the Ox Claim Group. Noranda and Rhonda Mining Corp. were
also exploring the Epworth sediments for sediment-hosted stratiform copper deposits, 25
kilometres east of the East Claim Group. Work comprised of mapping, geophysics and
drilling.
From 1992 to 1996, several companies staked small claim blocks throughout the map
sheet. The staking was fuelled by the discovery of diamonds in the Lac de Gras area, 350
kilometres to the southeast. There are no records of work done on these claims. In the
period from 1994 to 1996, BHP Minerals conducted mapping and prospecting surveys
over extensions of the Muskox Intrusion south of the Coppermine River, 20 kilometres
south of the South Claim Group. In 1996, Canamara Geological explored the Muskox
Intrusion in cooperation with the GSC and the Industrial Partners Program.
In 1996, Hornby Bay Resources carried out a comprehensive review and compilation of
all available archival information on the area including GSC data, old company reports
and assessment work files. This was followed by claim staking and airborne geophysics.
In the late summer, 1996, field evaluations of priority geological and geophysical targets
were carried out.
In 1997, JNR Resources carried out exploration for uranium on their claims near Dismal
Lakes and Kettle River Resources prospected for copper deposits in the Coppermine
River Basalts. Rhonda Mining continued to explore their Esker Zn-Pb prospect near their
Harley Cu-Ag property in Dumas and Epworth Groups.
During the summer of 1998, Hornby Bay Exploration Ltd. conducted airborne GEOTEM,
transient domain-magnetic survey covering the original Hornby Bay Exploration claims
(Jagodits, 1998-1). Subsequently, the GEOTEM-magnetic data collected for Hornby Bay
Resources and the magnetic data of the Hornby Bay Exploration survey were merged into
one comprehensive data set (Jagodits, 1999).
Hornby Bay Basin
19
In 1998, Grasswood Geoscience Ltd. of Nanaimo, BC was retained by Hornby Bay
Exploration Limited to conduct a lithogeochmical examination on parts of the Hornby
Bay Basin (Earle, 1999).
Ground magnetic and transient domain electromagnetic surveys were completed during
1998, over the Contact Lake and Wolf Creek Grid on behalf of Hornby Bay Exploration
Limited (Jagodits, 1999). Subsequently, one hole was drilled on each of the above grids
(Reading, 1998). Hornby Bay Explorations also conducted prospecting and geological
reconnaissance and it is reported by Reading (Reading, 1999).
8.2
Past exploration of the Coronation Gulf area has been directed towards the search for
epigenetic copper deposits in the Coppermine River basalts, sediment-hosted copper
deposits in the Rae and Epworth Group sediments, sulphide-hosted copper/nickel/PGE
deposits in the Muskox Intrusion, sandstone-hosted uranium deposits in sediments of the
Hornby Bay and Dismal Lakes Groups and unconformity-type uranium deposits at the
base of the Hornby Bay Group.
The Coppermine River region, which includes the area of the eastern lobe of the Hornby
Bay Basin, has been a focal point for mineral exploration in north western Canada for
over 200 years. Historic work includes the exploration for copper, copper-nickel deposits
(INCO, 1950's, Muskox Intrusion) and platinum group elements (INCO, 1980's, Muskox
Intrusion).
In the late 1970's, BP Minerals held virtually all the prospective ground in the eastern
part of the Hornby Bay basin. From 1977 to 1983, BP and its affiliated companies were
the only active explorers in the area and their focus was uranium. Work that began in the
late 1970's was terminated abruptly in the mid 1980's when the price of uranium
plummeted. Hornby now controls the entire eastern area of the Hornby Bay basin and
owns all of the BP Minerals field data.
Although numerous small occurrences of uranium were discovered in basement rocks by
this previous exploration effort, none of the occurrences had dimensions that approached
economic potential. The work did demonstrate, however, that numerous roots of highgrade uranium mineralization are present in the favourable reactive basement rocks
adjacent to the Proterozoic basin.
Hornby Bay Basin
20
Even the Mountain Lake deposit, while uneconomic at present, is of paramount
importance. The discovery of this deposit confirms that during formation of the Dismal
Lake portion of the Hornby Bay basin, metal-rich fluids were present in the sandstones
and contained significant uranium in solution. In addition, the mineralization indicates
these fluids were capable of migrating through the sandstones and that redox fronts were
effective traps for stripping mineralization from the basinal fluids. In a similar fashion,
fluids moving through the underlying Hornby Bay sandstones would also have the metals
removed from them deposited at redox fronts near the unconformity surface at the base of
the Hornby Bay sandstones.
At the time of BP's involvement, the unconformity-type uranium model was
insufficiently developed and considerable effort was wasted examining the mineralized
"root-occurrences". The accepted model at that time was taken from the Rabbit Lake
Mine, an unconformity-type uranium deposit in the Saskatchewan Athabasca basin that
was exposed at surface without sandstone cover rocks. BP's work was concentrated on
the edge of the Basin where airborne radiometic surveys outlined the anomalous
showings. It is Hornby’s intention to trace favourable rocks and indications of
mineralized systems under the sandstone cover and to examine basement conductive
zones near the unconformity contact.
8.3 Asiak River Claim Block
Uranerz explored for uranium on the Asiak River claims from 1978 to 1980. Regional
surface surveys located a cluster of high-grade uranium showings. A total of 60
radioactive showings of narrow, fracture-filled veins were found. The best showing, in
the Little Grey Lake area, measures 100 meters long and up to one meter wide. A grab
sample taken in this area assayed up to 70% U308, 1.8% copper and 6 ounces silver/ton.
A total of only 4 short holes (228 metres) were drilled in 1980 by Uranerz tested this
area. Uranerz discontinued its program abruptly at about the same time as other
explorers in the Coronation Gulf region.
In 1994, Noranda staked the area of the present claims in search for copper. Little work
was done, however, and the claims subsequently lapsed.
Hornby now owns 100% of 222,000 acres (89,700 hectares) in the Asiak River area.
Although the Little Grey Lake showings are believed to be a remnant root system, the
high-grade nature of the uranium occurrence and its association with conductors suggests
that a concealed Rabbit Lake-type unconformity deposit may yet be discovered in areas
of heavy overburden.
While it is the intention of the Company to perform follow up exploration in the Little
Gray Lake area with the discovery of a Rabbit Lake-style uranium deposit in mind, the
main target in the Asiak River Area will be testing the conductive zones beneath the
Dismal Lakes Group sediments on the north half of the claim group.
Hornby Bay Basin
21
9.0
Geological Setting
9.1
Regional Geology
The Bear Structural Province is a composite Proterozoic accreted assemblage, portions of
which abut against the Slave Province to the east and continue for an uncertain distance
under Paleozoic cover rocks to the west. The Slave Province acted as a stable platform
during the formation of the Wopmay Orogen that occurred during the collisional event
between the Bear and Slave plates and formed a west-dipping subduction zone
compressing the Coronation geosynclinal formations of the Bear Structural Province into
north-south trending, west-dipping thrusts and folds.
Geological studies indicate that the Wopmay Orogen involved the opening and rapid
closing of a deep-seated rift basin followed by intrusion of the Hepburn Plutonic Suite as
the basin closed. The high metamorphic grades, structural complexity and the intrusion of
the deep-seated ultramafic Muskox Complex indicate the presence of an elevated thermal
regime, one of the major prerequisites for formation of unconformity uranium deposits.
The rocks to the east of the Wopmay Fault include an area interpreted to have been a
passive continental margin of early Porterozoic age that was destroyed by collisional
orogeny. This area is referred to as the eastern foreland fold and thrust belt of the
Coronation Geosyncline which includes the Asiak Fold and Thrust Belt.
Hornby Bay Basin
22
This tectonic rift zone is composed of the Akaitcho Group, clastic sedimentary and
bimodal volcanic rocks; the Epworth Group, a passive-margin sedimentary prism of low
metamorphic grade; and the Recluse Group, the deepwater clastics of a collisional
foredeep. This tectonic zone was intruded by batholiths of the Hepburn Intrusive Suite
that raised metamorphic conditions from regional greenschist to local granulite-facies.
The west half of the Coppermine River claims lie in the adjacent Great Bear Magmatic
Zone, a continental, volcano-plutonic zone on the west margin of the Wopmay Orogen.
Older rocks in this magmatic zone include remnants of the early Proterozoic
metamorphosed platform-shelf sequence that have been intruded by foliated to massive
granitic plutons. These supracrustal and plutonic rocks are regarded as equivalents of the
Coronation Supergroup and the Hepburn Intrusive Suite respectively, which form the
core of the Wopmay Orogen to the east. The eastern boundary of the Great Bear
Magmatic Zone is marked by the north trending topographic linear Wopmay Fault Zone.
After the Great Bear intrusive/extrusive event, the non-marine clastics of the Hornby Bay
and Dismal Lakes Groups were deposited, followed by deposition of the Coppermine
homoclinal sediments. The Muskox Complex, a layered mafic-ultramafic igneous body
of middle Proterozoic age was intruded along the boundary of the Wopmay Orogen and
the Middle Proterozoic cover rocks (the Hornby Bay sandstones, overlying Dismal Lakes
dolomites/basal sandstones and the Coppermine River basalts).
9.2
Property Geology
The Akaitcho, Epworth and Recluse Groups underlie the east half of the Coppermine
River area and are intruded by the Hepburn Intrusion. They are composed of variably
metamorphosed clastic sediments and minor volcanics and dolomites, and rest on a
basement of foliated granodioritic gneisses of probable Archean age.
The Great Bear Batholith, composed of felsic volcanics, granites and very minor
greenschist facies pelitic sediments, lies to the west of the Hepburn and
Akaitcho/Epworth/Recluse Groups and extends as far as Great Bear Lake.
The Hornby Bay Group unconformably overlies these Groups. The Hornby Bay
sediments consist of quartz arenites with basal conglomerates and breccias. The Hornby
Bay sequence attains a thickness in excess of 500 meters but in many areas it forms a
relatively thin veneer less than 200 meters thick. The basal conglomerates and breccias at
the unconformity are generally less than a few meters thick.
The Muskox Intrusion, a layered mafic-ultramafic complex, extends along the eastern
edge of the Hornby Bay sandstone. It is intrusive into the Epworth and Recluse Groups,
and the upper part of the Hornby Bay Group and unconformably overlain by the
Coppermine River Group.
Hornby Bay Basin
23
The zone between the western edge of the Muskox Intrusion and the eastern edge of the
Hornby Bay Group is an area of intense structural complexity. This major zone of
structural weakness provided a conduit, which was tapped by magmas of the Muskox
Intrusion. Portions of the Coppermine Block and East Block claims lie in this geological
setting.
Almost without exception, unconformity-type uranium deposits occur along the contact
zones between granitoid rocks (granitic gneisses or intrusions) and highly
metamorphosed pelitic sediments adjacent to the unconformity surface at the base of
sandstone cover rocks. The relationship of granitoids, high grade metapelites and
uranium holds true in the Athabasca Basin of Saskatchewan, the Thelon Basin of the
Northwest Territories and the Pine Creek Geosyncline of northern Australia.
In the Coppermine River area, the exploration target horizons are the contact zones
between the Hepburn Intrusion and the Akaitcho and Epworth metasediments where
these contact zones lie in proximity to or extend beneath the Hornby Bay sandstones.
Any area with evidence of bedrock alteration or uranium mineralization along these
specific target horizons requires detailed evaluation. Subtle geophysical, geochemical
and radioactive anomalies can indicate a weak surface expression of deeply buried
deposits.
On the Asiak River property, the Epworth and Recluse Group metasedimentary and
volcanic units unconformably underlie, Dismal Lakes Group sediments that are
conformably overlain by Coppermine River basalt flows.
The upper Epworth Group sediments consist of a thick sequence of dolomite (Rocknest
Formation) overlain by a sequence of pyritic and graphitic shales and greywackes
(Recluse Formation). The majority of the radioactive occurrences found by past
exploration are located in the Rocknest Formation at the contact with the overlying black
pyritic and graphitic shales and argillites. The background values of these argillitic rocks
are quite high, up to 60 ppm U308.
The Hornby Bay basin in the Asiak River area is represented by the Dismal Lake Group,
a series of sandstones and dolomites deposited on top of the Hornby Bay sandstones.
Note that elsewhere, in particular to the north of Hornby’s Coppermine River Claims, the
Dismal Lakes sandstones host a small, well-defined pitchblende deposit. This unit
therefore is considered to have the potential to host significant uranium deposits.
Hornby Bay Basin
24
10.0 Deposit Types
Schematic Of Uranium Deposit Models
Hornby Bay Basin
25
Uranium Deposits in the Hornby, Thelon and Athabasca Basins
UNCONFORMITY URANIUM MODEL
These deposits occur where there are large, undeformed sedimentary basins, including
mature quartz sandstones of a Paleo to Mesoproterozoic age. There is no metamorphosis,
minimal deformation and magmatic activity. The basement complex is predominantly
pelitic metasedimentary rocks and granitoids, with high background uranium.
Hornby Bay Basin
26
The model requires graphitic basement structures extending upward to the sandstone
unconformity. These zones are often marked by post sandstone faults along the
reactivated older graphitic basement structures.
The deposits are Proterozoic in age, structurally controlled, with clean continental
sandstone over graphitic/carbonaceous metasediments, resulting in Uranium precipitation
by reduction. They are generally high grade in the 0.5 to 20% U3O8 range.
11.0 Mineralization
Mineralization styles observed to date, are predominantly basement hosted, steeply
dipping fracture controlled and breccia controlled pitchblende veins and stockworks.
Weak mineralization has been observed within the Hornby Bay sandstones related to clay
and clay/silica alteration zones.
12.0 Exploration
Work by Hornby on the Coppermine River and Asiak River areas began in 1996 and
consisted of compilation of all available information from assessment work files, old
company reports and Geological Survey of Canada data. The compilation was carried
out at various times throughout the summer of 1996 and the review of assessment file
data was completed at the Department of Indian and Northern Affairs geological archives
in Yellowknife in the fall of the same year.
An airborne geophysical GEOTEM survey was flown by Geoterrex of Ottawa, Ontario in
the fall of 1996 over a large portion of the Coppermine River Area. In the spring of 1998
the remaining claims were flown by the same system at 200-meter line spacing. At the
same time, a radiometric and a GEOTEM survey were flown across the Asiak River Area
claims. Together, a total of 9,673 line kilometres of data were collected.
Limited fieldwork was carried out in early September, 1996 in order to evaluate areas of
prospective geology, examine some of the old mineral showings and to map bedrock
geology around high priority EM targets outlined by the GEOTEM survey. These
evaluations revealed that most of the past exploration for uranium was focused along the
sandstone margins where the basement rocks had the best exposures and where
overburden cover was thin.
In 2003, Hornby completed a $2.4 million dollar exploration program. A fixed-wing
airborne gravity survey was flown over the Coppermine claim block by Sander
Geophysics to complement the magnetic/electromagnetic data collected in prior surveys.
The gravity data has been processed and has been used in the structural interpretation and
mapping of the basement geology.
Hornby Bay Basin
27
Three selected areas of the Asiak claim block were flown by FUGRO. A helicopterborne magnetic/electromagnetic system was used and the results will assist in defining
potential magnetic kimberlite pipes as well as basement conductors associated with
uranium deposition.
A total of 469 till samples were collected over the three claim blocks. A QA/QC protocol
was instituted for the sampling with each 20 kg sample logged and sealed prior to
shipment to the Loring Laboratory in Calgary for processing. At the lab, a -80 mesh
fraction was separated for ICP analysis and the remainder was processed for heavy
minerals which were sent for microprobe testing. All the samples have been processed
and there have been several strong diamond indicator anomalies identified immediately
east of the Asiak River.
The Company’s 2004 exploration program was focused on the Coppermine River area
and the Asiak River area in western Nunavut, located approximately 100 kilometres
south and southeast of Kugluktuk. The properties have excellent potential for
unconformity-type uranium deposits and good potential for Eldorado vein type and
unconformity sandstone eroded type mineralization as well as potential for diamond and
base metal deposits.
Prior to and in 1998 Hornby had spent nearly $3 million on the above exploration
programs. In 1999 expenditures totalled about $1 million, and in 2000, 2001
expenditures were minimal. In 2003, $2.5 million was expended, resulting in a total of
$6.2 million prior to the 2004 season. Expenditures in 2004 are estimated to be in the
neighbourhood of $3.3 million, for a total to date for Hornby alone on these properties of
$9.5 million.
13.0 DRILLING
Coppermine River Area
On the Coppermine River claim block, the 2004 program focused on the strong
electromagnetic (EM) conductors in the Wolf Creek and Contact Lake areas. The Wolf
Creek conductor was drill tested with three drill holes (HB-04-07, -08, and -09) 684
metres in total, and the Contact Lake conductor was tested with one 320 metre hole (HB04-10). A fifth drill hole, (HB-04-11, 307.2 metres) tested the C2-27 conductor in the
Cleaver Lake area of the property.
The five drill holes were surveyed with down-hole radiometric instrumentation but due to
technical problems it was only possible to complete the down-hole TDEM probing of
holes HB-04-10 and HB-04-11.
Hornby Bay Basin
28
A total of 150.1 line kilometres of TDEM and ground magnetic surveying was completed
over seven grids established in areas where conductors had been previously identified by
airborne geophysical surveys.
Geologic mapping and prospecting and extensive lithogeochemical sampling was
completed over all claims underlain by the Hornby Bay sandstone formation. As a result
of this program, six new uranium occurrences were discovered in the Hornby Bay
sandstone.
A 1,011.6 line kilometre helicopter-borne RESOLVE EM/magnetic survey was flown
over the East Block claims in the Coppermine area in 2004 to complete the airborne
geophysical survey that had been initiated in 2003.
DRILL HOLE DATA (Coppermine)
Hole
HB-04-07
HB-04-08
HB-04-09
HB-04-10
HB-04-11
North
7421503
7421355
7421954
7418012
7412170
East
544946
545145
545036
551025
560850
Dip
-70
-60
-70
-70
-70
Azimuth
90
270
90
330
270
Length
(m)
254.2
216.4
213.4
320.0
307.2
1311.2
Hornby Bay Basin
29
Asiak River Area
In the Asiak River area, the 2004 exploration program was focused on a strong airborne
(GEOTEM) conductor coincident with a uranium/potassium airborne gamma-ray
spectrometer anomaly, referred to as the UA1 anomaly, just west of Little Grey Lake.
This conductor was investigated with 18 line kilometres of MaxMin horizontal loop
electromagnetic/magnetic ground surveys. Nearby and slightly east of the conductor, two
known uranium occurrences, Little Grey Lake showings A and B, were also evaluated.
Six drill holes were completed on the claim block this season. One hole (HB-04-01, 93.3
meters) was drilled on Little Grey Lake showing B and two holes (HB-04-02 and HB-0403, 84.2 and 76.2 meters respectively) were completed on Little Grey Lake showing A.
Another drill hole (HB-04-04, 106.0 meters) was completed on the UA1 grid to test a
strong formational conductor to the north of the Little Grey Lake uranium showings.
Two drill holes were completed on diamond targets on the Asiak River claims. Holes
HB-04-05 (113.1 meters) and HB-04-06 (180.8) meters tested magnetic lows identified
by airborne geophysical work completed in 2003. Neither drill hole intercepted
kimberlite.
A 2,046.1 line kilometre helicopter-borne magnetic and RESOLVE EM survey was
completed over selected portions of the Asiak River claim block completing the survey
program that was initiated in 2003 and prematurely terminated due to deteriorating
weather.
DRILL HOLE DATA (Asiak)
Hole
HB-04-01
HB-04-02
HB-04-03
HB-04-04
HB-04-05
HB-04-06
North
7469822
7470427
7470427
7471484
7476534
7496143
East
615758
615437
615437
615513
611319
607972
Dip
-45
-45
-60
-55
-65
-65
Azimuth
3
180
180
90
270
45
Length (m)
93.3
84.2
76.2
106.0
113.1
180.8
653.6
In summary, the 2004 Nunavut exploration program included the completion of eleven
diamond drill holes for a total of 1,964.8 metres (1,311.2 meters on Coppermine; 653.6
metres on Asiak); the collection of 1023 rock samples, 228 till samples and 229 soil
samples; as well as the completion of 3,057.7 line kilometres of helicopter-borne
RESOLVE EM/magnetic surveying (1,011.6 line kilometres on East Block; 2,046.1 line
kilometres on Asiak), 150 line kilometres of TDEM/magnetic and 18.1 line kilometres
MaxMin/magnetic ground geophysical surveying and 20 TDEM soundings.
Hornby Bay Basin
30
13.1 INTERPTRETATION OF RESULTS FROM HORNBY’S 2004 URANIUM
EXPLORATION PROGRAM
Hornby Bay Basin
31
Results:
On the Coppermine River claim block (see the previous illustration):
1. the intersection of thick intervals of graphitic metasediment in the basement
rocks below the Hornby Bay Basin; the evidence for structural disturbance at the
unconformity contact;
2. the discovery of six new significant radioactive occurrences in sandstone;
3. over 140 anomalous Uranium assay results for sandstone rock samples including
a cluster of 11 samples > 10 ppm in the north central area of the claim block;
4. discovery of three new zones of intense alteration in the Hornby Bay Group
sedimentary rocks.
On the Asiak River claim block:
1. 0.6 metre intersection of 0.72% U in graphitic argillite.
Three drill holes tested the Wolf Creek Conductor in the south central portion of the
claim block. All holes intersected Hornby Bay Group sandstones and siltstone, followed
by a section of basal conglomerate. Depth to the unconformity in this area is
approximately 130 metres below surface. Weak to well-developed regolith at the
unconformity contact with the underlying basement rocks was identified. In drill hole
HB-04-07, two one metre samples returned weakly anomalous results of 4ppm and
11ppm U in regolith immediately below the unconformity.
Most encouraging was an extensive (>20 metre) intersection of re-worked graphitic schist
in the basement rock in HB-04-07. These graphitic zones are likely the cause of the
strong conductor indicated by electromagnetic geophysical survey data and are important
as they are the first graphitic zones identified in basement rock below the Hornby Bay
sandstones in this area.
Drill hole HB-04-10 tested the Contact Lake Conductor which lies to the east of the Wolf
Creek area. While assay results are not significant in this drill hole, the favourable
structure revealed in the geology was encouraging. The hole intersected Hornby Bay
Group sediments to 138 metres down-hole depth. Below this, a 64 metre interval of
basement rock in fault contact with the overlying and underlying sandstone was
intersected. Below the basement wedge, a further 82 metres of sandstone was recovered
before intersecting the unconformity at 204 metres below surface. Basement rocks
consist of chlorite/amphibolite gneiss and quartzite with short intervals of intense
pyritization along micro-faults and up to 50% disseminated pyrite. The geologic data
from this drill hole indicates that a wedge of basement rock has been faulted into the
Hornby Bay sediments. A similar situation occurs in the McArthur River deposit where
the P2 fault thrusts basement pelites into the overlying Athabasca Group sediments. At
McArthur River, mineralization occurs in the hanging wall Athabasca Group, along the
P2 fault zone and in the footwall cordierite-bearing metapelites. Therefore, disruption of
the unconformity contact by post Hornby Bay Group structural activity in hole HB-04-10
is considered to be a geologically favourable sign.
Hornby Bay Basin
32
Six new significant radioactive occurrences (“hotspots”) were discovered in the Hornby
Bay sandstone during the prospecting/lithogeochemical program. These hotspots will be
followed up in the 2005 exploration program.
As part of the lithogeochemical study, extensive rock sampling was carried out across the
basin. In the eastern Athabasca Basin, ore-related alteration including a halo of >1ppm U
may be present at the top of a sandstone column >500 metres thick (see Figure 2). Of the
1023 rock samples collected in the 2004 season, 144 samples of Hornby Bay sandstone
returned assay values in this anomalous range (>1ppm), including 70 rock samples which
returned anomalous assay results of 4ppm or more. Preliminary review of the
geochemical data indicates that more than half of these 70 samples, including 11 samples
of >10ppm Uranium are clustered in the north central portion of the Hornby Bay Basin,
an area that was not intensely explored by companies that last worked in the area in the
late 1970’s/early 1980’s and has never been drill tested.
Three new zones of intense alteration in Hornby Bay sandstone have been discovered. In
the southern panhandle of the Coppermine claim block a strongly anomalous zone of
clay-silica alteration occurs. Six rock samples taken in the area have returned anomalous
uranium results. A clay alteration zone occurs northeast of Contact Lake. One rock
sample taken in the area has returned an anomalous uranium result. A clay-silica
alteration zone within the basal conglomerate occurs on the west side of Wolf Creek
approximately 500 metres south of the 2004 drill holes.
Recent assays of samples taken from boulders, one from the East Damien boulder train in
the panhandle area, with pitchblende veins in granite gneiss boulders, returned 4.22% and
35.64% U3O8. BOA Sample 5 taken from the same area returned 38.71% (46.08%
U308). Samples taken from the Tabb North and Tabb South outcrops in the eastern area,
with pitchblende veins in biotite gneiss assayed 4.85% and 13.11% U308.
Asiak River Project
Three drill holes were completed in the Little Grey Lake area where high grade grab
samples had been reported by Uranerz in the early 1970’s. HB-04-02, drilled at Little
Grey Lake, returned the best intersection of the program; 0.72% U (0.85% U308) over
0.6 metres in graphitic argillite, 27 metres below surface.
Analysis of the helicopter-borne RESOLVE EM/magnetic
MaxMin/magnetic survey and TDEM sounding data is on-going.
survey,
ground
Hornby Bay Basin
33
14.0 Sampling Method and Approach
Industry standard sampling protocols have been consistently followed during the field
programs conducted by Hornby Bay Exploration Limited crews during exploration of the
Coppermine and Asiak River properties. The methodology of collecting, shipping and
analyzing samples are detailed below.
14.1 Till Samples
Till sampling has proven to be a successful method of exploring for diamond deposits in
glaciated terrains. The sample results are commonly combined with geophysical methods
such as magnetic and gravity surveys to target potential kimberlite pipes.
The plan for widely spaced (1 till sample per 3 - 5 square kilometres) reconnaissance
sampling was revised in the field to avoid areas of recent flood plain cover and other
signs of disturbance of the glacial regime. The initial detailed sample areas were centered
on magnetic targets and the specific till sites were selected to test the immediate up-ice
and down-ice till cover for diamond indicator minerals. Follow-up detailed sampling in
2004 was conducted in areas having anomalous results from the 2003 season.
Samples consisted of approximately 20 kilograms of till collected in 5 gallon plastic pails
using pick and shovel. Material was taken from frost boils when feasible and the larger
cobbles were rejected to improve the consistency of the samples. All sample locations
were recorded by GPS referenced to the NAD 74 projection.
14.2 Surface Rock Samples
Rock samples were collected from mineralized occurrences and as part of the regional
lithogeochemical program. The occurrence sampling utilized the chip/channel method
whereby a continuous chip sample was collected across the strike of the mineralized
structure. Lithogeochemical samples consisted of approximately 15 small chips from a
sample site of 1 to 3 square metres. In both cases the samples weighed approximately 2
kilograms and were collected in 17cm x 30cm plastic bags secured by bulldog ties.
Sample identifiers consisted of the collecting geologist’s initials/year/sequential number.
Locations were recorded as UTM coordinates referenced to the 1:50,000 NTS maps for
the area.
14.3 Core Samples
Peak Drilling Ltd. based in Yellowknife was contracted for diamond drilling on the
property. Holes were started with NQ size and were reduced to BTW size when
necessary. All core is stored on pallets at the Mouse Lake camp.
Hornby Bay Basin
34
A mechanical core splitter was used to obtain a half portion of the diamond drill core for
selected sample intervals, thereby preserving the integrity of the boxed core.
Lithogeochemical samples (0.5metre length) were taken at 10metre intervals throughout
the sandstone intersections. Contiguous samples were taken in the zone of the
sandstone/basement unconformity and spot samples were taken from basement alteration
zones. The samples were collected in 17cm x 30cm plastic bags secured by bulldog ties.
Five digit sample tickets were used to identify individual samples and the data was
entered in the drill logs.
The samples collected by Broad Oak were to verify that the Hornby approach was
appropriate and that the assays obtained by Hornby were representative. The three
previous drill hole samples were assayed to determine if previous sample preparation and
assaying were appropriate.
15.0 Sample Preparation, Analysis, and Security
15.1 Sample Transport and Security
The surface rock and core samples were grouped by type and placed in 5 gallon plastic
pails (10 samples per pail). The pressure lids were placed on these pails plus those
containing the tills. Three holes were drilled through the rim of each pail and the lids
were fastened with numbered bulldog security tags. The security tag numbers were
recorded on the custody forms that were prepared to accompany the samples during
shipment, and provided a checklist for the chain of custody. A sample report form
detailing the contents of the pails and assay instructions was also prepared for the
laboratory.
Samples were shipped on a regular basis from the Mouse Lake camp by float plane to
Yellowknife where they were delivered to the offices of Braden Burry Expediters
Limited. They were then transferred to transport trucks for direct shipment to Loring
Laboratories in Calgary.
15.2 Sample Preparation and Analyses
15.2a Till Samples
The till sample preparation by Loring Labs involved a preliminary separation of a 300
gram portion of the material for 30 Element ICP analyses (see 30 Element ICP Analysis
insert). The bulk of the sample was then processed (see Sample Processing Flow Chart)
for diamond indicator minerals.
Hornby Bay Basin
35
15.2b Surface Rock and Core Samples
The rock and core samples were assayed for 30 elements by ICP (see 30 Element ICP
Analysis insert). All samples having more than 10 ppm uranium were then reweighed and
assayed using a uranium assay dissolution procedure. Pulps and rejects of the samples are
stored at Loring Laboratories Limited’s facility in Calgary.
Laboratory Credentials
Hornby had all the analysis for Uranium conducted by:
LORING LABORATORIES LTD.
629 Beaverdam Road N.E.,
Calgary Alberta, Canada, T2K 4W7
Tel: 274 2777, Fax: 275 0541
Loring has provided a letter detailing its ability to provide appropriate analysis to
industry standards, and check assays carried out independently confirm this.
Procedures:
30 ELEMENT ICP ANALAYSIS
1.) 0.5 Gram Sample is weighed into a test tube.
2.) 5ml Of 1-3-2 HN03-HCl-Water mixture is added to test tube
3.) Samples are heated at 95C for 1 hour in aluminum digestion blocks
4.) Samples are cooled and 5ml of distilled water is added to adjust volumes to 10ml
5.) Samples are mixed in vortex mixer and allowed to settle
6.) ICP is turned on and allowed to warm up for 15 minutes before standardization
and analysis
7.) Samples are transferred to auto sampler tubes and placed in racks
8.) Samples, checks and standard reference samples are analyzed by ICP for 30
element package
9.) Final analysis is checked to ensure all QA/QC controls are met and report is
generated for Client
Hornby Bay Basin
36
16.0 Data Verification
Property Examination
G. S. Carter visited the property on September 14 to 17, 2004, and visits were made to
several locations on the property and samples were taken to compare the validity of the
data. Samples were collected as indicated below. These samples were in the possession
of G. S. Carter and transported to SGS at Don Mills, Toronto, Canada where they were
assayed. A further 3 samples were obtained by David Bent as it was impossible due to
weather conditions during the visit for G. S. Carter to obtain these personally. These
samples were representative of the core from previous drill hole intersections for which a
previous assay had been taken. The core from these holes was stored on site, and these
samples were taken from the well identified core boxes and was transported back from
Coppermine and delivered to G. S. Carter. Under the direction of G. S. Carter these
samples were then assayed at SGS.
Broad Oak samples were crushed in their entirety, and then 200 grams were milled in Cr
steel. Samples BOA 1-5 were subjected to a multi element ICP, Aqua Regia, and a direct
assay for Uranium. The other three Hornby samples 80151-80153 were again crushed
(entire sample), 200 grams milled in Cr steel, and subjected to multi element ICMS70Aqua Regia ICP + ICPMS, and assayed for Uranium.
Assay Results (Samples collected by G. S. Carter on site, on September 15, 2004, and
transported by him to SGS Toronto),
BOA 1 Sample was collected on September 15, 2004 at Mouse Lake Camp. Core sample
from hole HB/04/02 (Asiak River Area), quarter core split from 36.9 to 38.1 metres down
the hole, (boxes 9 and 10), split using a mechanical splitter by G. S. Carter, for a total of
1.2 metres. This sample graded 0.33% U, and a duplicate assay by SGS also graded
0.33%U. Hornby samples 1273 and 1274 were the other half of the core, split by a
mechanical splitter, and returned a value of 0.36% U.
Samples BOA 2 and BOA 3, grab samples, were collected by G. S. Carter from the
Contact Lake Area. They were taken from blasted material at a solid basement rock
outcrop, graded less than 0.01%, and 0.01% U. Grab sample BOA 4 was taken from an
old trench, on the Tabb Zone and returned 0.02% U.
Boulder sample, BOA 5, from the East Damien boulder train in the panhandle area, with
pitchblende veins in granite gneiss boulders, returned 38.71% U. This confirmed
Hornby’s assays of similar material.
Samples were collected from 3 previous drilled holes. These were collected by Hornby
personnel as the weather conditions did not permit G. S. Carter to take the samples when
he visited this site. The samples were core samples obtained from the half core stored on
site and suitably marked. The samples were delivered to Broad Oak’s office where
arrangements were made for SGS in Toronto to assay them.
Hornby Bay Basin
37
Hornby Sample 80151, Bog Zone, BP hole 80-35 interval 63.7 to 64.3 metres
SGS assay - 0.04% U, BP assay 0.08%
Hornby Sample 80152, Bog Zone, BP hole 80-36 interval 41.1 to 43.3 metres
SGS assay - less than 0.01% U, BP assay 0.043%
Hornby Sample 80153, Tabb showing, Anaconda hole 83
SGS assay – less than 0.01% U, Anaconda assay 0.008%
These independently obtained samples and results enable Broad Oak to verify that the
previous work had been carried out to industry standards at the time. These assay results,
along with observations of sample handling, enable Broad Oak to state that the work is
NI 43-101 compliant.
Laboratory Credentials
Broad Oak had all the assays mentioned above carried out by:
SGS
1885, Leslie Street,
Don Mills, Ontario,
Canada, M3B 2M3
Tel: 412 445 5755, Fax: 416 445 4152
SGS has provided a letter detailing its ability to provide appropriate analysis to industry
standards.
17.0 Adjacent Properties
Not applicable.
18.0 Mineral Processing and Metallurgical Testing
There has been no mineral processing or metallurgical testing carried out on the Uranium
samples collected to Broad Oak’s knowledge.
19.0 Mineral Resource and Mineral Reserve Estimates
The data available at this time on this property is not sufficient to enable any calculation
of either reserves or resources. However, the geologic setting and environment are such
that it would be expected that further exploration of these properties would result in the
definition of uranium resources.
Hornby Bay Basin
38
20.0 Other Relevant Data and Information
Broad Oak has no knowledge of other relevant data or information.
21.0 Interpretation and Conclusions
Since the start of Uranium exploration programs on these properties, particularly
Coppermine, the Uranium model for Unconformity Type deposits has been refined and
further understood. The fact that the Hornby Bay Basin is geologically similar to the
Athabasca Basin, continues to be confirmed by successive exploration campaigns. The
sandstone basin has been confirmed. The geophysics identified conductors, confirmed to
be graphitic by drilling. The basement geology is now well mapped by geophysics
indicating the correct structural environment in the basement geology.
The presence of anomalous uranium has been confirmed by drilling, and the existence of
high grade boulders indicates the existence within the basin, of high grade Uranium
contained in pitchblende. Extensive lithiogeochemical sampling, along with weakly
anomalous Uranium grades in regolith below the unconformity, continue to confirm that
the geological setting is conducive to the formation of relatively high grade Uranium
deposits. Finally the clay-silica alteration encountered also confirms the prospective
nature of the Hornby Bay Basin.
The setting is correct, the presence of high grade Uranium is confirmed, and continued
exploration will continue to define the targets more precisely, suggesting a high
probability that continuing exploration should result in the identification of Uranium
resources.
Hornby Bay Basin
39
22.0 Recommendations
Historical and recent work on the Coppermine and Asiak River properties has built an
exceptionally strong data base to guide the future exploration program that is outlined
below. A two stage approach is recommended whereby the Stage II expenditures would
be contingent upon obtaining encouraging results from the Stage I program.
Stage I
Recommendations include the following:
Continued use of ground electromagnetic and magnetic surveys to define potential
graphitic conductors and kimberlite pipes
Additional lithogeochemical sampling of the Hornby Bay sandstone to further define
areas of clay alteration and anomalous uranium mineralization
Detailed till sampling to follow up anomalous results from the 2004 reconnaissance
program
Continuation of the mapping and structural studies to identify favourable geological
settings for uranium deposition
Diamond drilling of existing targets
Estimated cost of Stage I work is outlined below:
Category
Duration or Amount of Work
Dollars
Geology
Consulting
Travel
Communications
Geophysics (UTEM & mag)
Supplies
Equipment
Diamond Tills
Camp Costs
Fixed Wing
Helicopter
Diamond Drilling
Fuel
Assays
Mineralogy/Petrology
TOTAL
5 geologists x 60 days x $500/day
150,000
14,000
24,000
8,000
144,000
25,000
12,000
100,000
90,000
147,000
300,000
500,000
425,000
38,000
23,000
2,000,000
20days x $700/day
2 crews x 60 days x $1200/crewday
100 x $1000/till
20 men x 60 days x $75/manday
21 flights x $7000/flight
60 days x $5000/day
2,000 m @ $250/m
500 drums x $850/drum
Hornby Bay Basin
40
Stage 2
The Stage 2 program would be contingent on achieving encouraging results from Stage I.
The program would consist predominantly of further drill testing of mineralized zones
and new geophysical targets encountered during the Stage I program. It is estimated that
the program would take approximately 3 months to complete.
Estimated cost of Stage 2 work is outlined below:
Category
Duration or Amount of Work
Dollars
Geology
Consulting
Travel
Communications
Geophysics (down hole)
Supplies
Equipment
Camp Costs
Fixed Wing
Helicopter
Diamond Drilling
Fuel
Assays
Mineralogy/Petrology
TOTAL
3 geologists x 90 days x $500/day
135,000
14,000
26,000
12,000
108,000
28,000
12,000
135,000
175,000
450,000
750,000
510,000
30,000
15,000
2,400,000
20days x $700/day
1 crew x 90 days x $1200/crewday
20 men x 90 days x $75/manday
25 flights x $7000/flight
90 days x $5000/day
3,000 m @ $250/m
600 drums x $850/drum
Hornby Bay Basin
41
23.0 References
The boxes indicated below are stored at the Head Office of Hornby Bay Exploration
Limited, in Toronto, Ontario.
ANACONDA
BOX 5
Summary Report 1976-1981
Summary All Assessment Reports – Bear Valley 1973-81 incl.
Geological, Geochemical, Geophysical & Overburden Drilling Program – Bear Valley,
Volumes 1, 2 and 3 (work 1982)
Bear Valley Project – Overburden Summary Stats & Listings
ANACONDA
BOX 6
Geological, Geochemical, Geophysical & Diamond Drilling, Volumes 1, 2 and 3; May –
August 1983
Listings and Summary Statistics Bear Valley Project - Tabb Grid
Listings and Summary Statistics Bear Valley Project - Gnaw Grid
Listings and Summary Statistics Bear Valley Project – Owl Grid
Statistics – Bear Valley Project – Addendum
GEOPHYSICS
BOX 7
Lac Rouviere Project – Geological & Geophysical Addendum (Radiometric). Harper
1974
Geology, Soil Geochemistry & Radar Survey, RAD Claims G.J. Campbell, Volumes 1
and 3 (Volume 2 is missing), February 1979 (work 1978).
Hornby Bay Basin
42
Airborne Radiometric Survey. Dismal Lakes, July 1977, Bruce, Jeff, Mike Rod Claims.
A.L. Knowton (BP).
Logistics Report, Airborne Radiometric, Magnetic & VLF Survey by Geoterrex, R.S.
Graham 1978 (Flown in 1977).
1978 Geophysical Report, Dismal Lakes, August 1978. Bruce, Jeff, Tim, Mike, Rod
Claims G.M. De Paoli (2 copies)
Final Report – Geology, Geochemistry and Geophysics, Kendal River Project. S.J.
Hoffman, 1978.
Geophysical Interpretation Report, Contact Lake Grid. G. Mitchell. Summer 1979
Airborne Electromagnetic Survey, Coppermine River Area (Questor Surveys) January
1980
Report on 1970 Exploration Program, Geology & Geophysics (J.V. BP & Union Carbide)
NTS Maps 86 K11 (N1/2), 13, 14, 15, 16. W.O. Manson. Volume 1 (missing), Volumes
2 and 3
Geophysical Interpretation Report of 1979 Data, Bear Lake Area Grids; B1 and B2
Claims, September 1982.
Report on Interpretation of D.E.M.R. Aeromagnetic Sheets, Sloan River Area 86K/14,
K/15, K/16, k?11, June 1980
Geophysical Interpretation Report, Tabb Lake Grid; Hornby Bay Project. G. Mitchell
(BP) June 1982
Lake Track Etch Survey – Lac Rouviere & Dismal Lake. J. Fisher (Terradex) October
1978
Track Etch Survey – Lac Rouviere. 406 NWT Area, 1977
BOX 8
Geophysical Report on Dismal Lakes Area, Bruce Jeff, Mike, Tim Claims.
DePaolic, August, 1978.
G.M.
Geophysical Evaluation of Bruce, Jeff, Mike, Tim Claims, Dismal Lakes, July 1974.
Geophysical Evaluation Report Contact Lake Grid, G. Mitchell, Summer 1979.
Geophysical Evaluation Report, Little Sticks Grid, Summer 1979.
Hornby Bay Basin
43
Assessment Report on 1980 Geochemical & Geophysical Activities, GJC Claim Gr, NTS
86 N/2, November 1980 (2 copies).
Geophysical Interpretation Report, Wolf Creek Grid. G. Mitchell (work summer 1979).
Proposed 1980 Ground Geophysical Program, Hornby Bay. G. Mitchell, January 1980.
Geophysical Interpretation Report, Little Sticks Project Grid. G. Mitchell; (work summer
1980), October 1980.
Assessment Report, Permits 554, 474, 475, 86 J/10 and J/11 (work summer 1980)
February 1981.
Proposal for Environmental Reconnaissance, Coppermine River Area; March 1979 (2
copies).
Assorted Research by BC Research, Biologically Assisted Ferric Fe Leaching
Technology for Uranium Recovery (15 copies).
BP GEOPHYSICS
BOX 11
Geological, Geochemical & Geophysical Assessment Report IWI Claims. V.M. Hamann
(BP), July 1997 (work 1977, 3 copies).
Geological, Geochemical & Geophysical Assessment Report, G. Claims,; July 1978
(work 1976 and 1977, copies).
Geological, Geochemical & Airborne Geophysical Surveys, Sun Claims; S.J. Hoffman
December 1978 (work 1976, 1977 and 1978, 2 copies).
Geological, Geochemical & Geophysical Assessment Report, RUM Claim 1-178. S.J.
Hoffman; January 1979 (work 1976, 1977, 1978).
A Comparison of Two Radar Detection Techniques, Pat Claims. J.M. Holmes (BP),
January 1991.
Geophysical Interpretation Report, Little Sticks Grid. G. Mitchell (BP), October 1980,
(work summer 1980, 2 copies).
Geophysical Interpretation, Munch Lake Grid. G. Mitchell (BP), October, 1980 (work
1979 and 1980, 5 copies, 4 with maps).
Hornby Bay Basin
44
Geophysical Interpretation Report, Rouviere Project, Pat Grids. G. Mitchell (BP) March
1981 (work 1980).
BP GEOPHYSICS
BOX 12
Interpretation Report, Airborne EM, Fault River & Coppermine Arean, November 1997.
F.G. Kiss, Geoterrex.
Air Photo Interpretation, Coppermine River & McGregor Lake. Bayrock, May 1980.
Logistics on Turam Survey, Big Bend Area, Coppermine River, Kenting Earth Sciences,
1980 (2 copies).
Evaluation Report, Multi sensor Airborne Survey, Copperming River Area.
Boniwell, Excalibur International Consultants, 1975.
J.B.
BP – UNION CARBIDE JV
BOX 14
Project Examination Trip, JV Hornby Bay, August 1978.
1977 Uranium Exploration, Geology, Uranium Showings. E.R. Craigie (BP), Volumes 1
& 1A, April 1978.
Report on 1978 JV, Geochemistry, Geophysics and Drilling. S.J. Hoffman, Volume 1 &
2, 1975.
Report on BP – Union Carbide JV, Geochemistry. R. Moss (BP); 1976.
Preliminary Report, JV Program, Hornby Gas. Volumes 1 & 2, 1977.
Assessment Report on the Hornby Bay BP-UC Joint Venture, (work 1979 and 1980).,
April 1981, V 1-7, 9-13, 18-22, 25, 26, 29-31, 34, 35, 40, 41, 47, 48, 51, 53, and 59.
Volume 1 (2 copies), Volume 2 (1 copy).
Hornby Bay Basin
45
BOX 15
Geochemical & Geological Anomaly Report, Hornby Bay Project. S.J. Hoffman, May
1971 (2 copies).
Uranium Exploration Program, Hornby Bay JV, Beep Lake Camp, August 1979 (3
copies).
Hornby Bay JV Report. NTS 86 J10, J/11, J/12, J/13, J/14, 86 O/13 and O/14. G.J.
Campbell, 1980, (work 1979). Volume 1 (2 copies) and Volume 2 (1 copy).
Review of Geology & Uranium Mineralization. NTS 88-J, K, N, O. B. E Marten (BP)
1979.
Assessment Report, RC Claims 1-9. Louis Bell (UC). (work 1978 – 2 copies).
Proposed 1980 Summer Geophysical Program, Hornby Bay Project. G. Mitchell, March
1980.
Geological Re-Evaluation of the Bear Fault Area. G. Woods, may 1980 (3 copies).
Prospecting Report, Hornby Bay Project. P. Mazacek, November 1978.
BOX 18
Assessment Report, Permit # 393 (Geology, Geochemistry & Geophysics). V.M.
Hamann (BP, 1978 (work 1978, 2 copies).
Geophysical Interpretation Report, Little Sticks Grid. G. Mitchell, (BP), October 1980,
(work summer 1980, 2 copies).
Geophysical Interpretation NTS 86J, Wolf Creek Grid. G. Mitchell, October 1980 (work
summer 1980, (4 copies)
Geology & Geophysics Survey, Bob & O Claims, BYS 86 O/3 and O/4. T.J. Templeton
(BP), January 1980 (1977, 1978 and 1979, 2 copies).
UPb Isotope Analysis, Tabb Lake U Occurrence, Geospel Consultants, April 1980.
Assessment Report, Geology, Geochemistry, Geophysics, Ray Claims, NTS 86 K/16.
V.M. Hamann (BP), January 1979, (work 1976, 1977 and 1978, 2 copies).
Hornby Bay Basin
46
Assessment Report, Geology, Geochemistry, Geophysics, IS Claims, NTS 86 K/16. V.M.
Hamann (BP) January 1979 (work 1976, 1977 and 1978)
Assessment Report, Geology, Geochemistry, Geophysics, RUM Claims, 1-178, NTS 86
N/2, S.J. Hoffman (BP), January 1979 (work 1976, 1977 and 1978)
Environmental Record, Hornby Bay, Reid, Crothern & Partners, April 1980 (2 copies)
BP GEOPHYSICS
BOX 20
Geophysical Interpretation Report, Magnetic, VLF-EM, 3T Grid, NTS 86 J., G. Mitchell,
March 1981 (work summer 1980, 4 copies)
Geophysical Interpretation Report, Magnetic, VLF-EM, Contact Lake Grid, NTS 86 J. G.
Mitchell, March 1981, (work summer 1980, 4 copies)
Geophysical Interpretation Report, Munch Lake Grid, Summary, Turam, Magnetic
Horizontal and Vertical Loop EM Surveys. G. Mitchell, October 1980 (work 1979, 1980)
Geophysical Interpretation Report, Tabb Lake Grid, Magnetic, VLF-EM, Horizontal and
Vertical Loop EM Surveys. G. Mitchell, June 1982
Evaluation Report Multi sensor Airborne Survey, Kendall River Area. J.B. Boniwell,
Excalibur International Consultants Ltd., June 1979 (work 1978)
Preliminary Study, Hornby Bay Geophysics, G. Mitchell, January 1980
BOX 21
Geochemistry & Scintillometer Survey, SAG Claims, NTS 86 N/2, J.M. Holmes, June
1980
Geological, Prospecting, EM-16 & Scintillomter Survey, Ben Claims 86 N/4 and N/5.
J.M. Holmes, April 1980 (2 copies)
Geochemical Report, Tim Grid, Bruce 11, 12, 16, 17, 21-28, Jeff 1-34, Mike 9, 14, 18,
22, 25, 28, Rod 1 &2, NTS 86 N7. S.J. Hoffman (3 copies)
Geochemical Report, Pat Claims, NTS 86 N/3 and N/6. S.J. Hoffman, July 1981
Lake Sediment Geochemistry, Lac Rouviere Project. S.J. Hoffman, June 1981 (work
1980, 3 copies)
Orientation Study, Dismal Lake Prospect. S.J. Hoffman, April 1979 (2 copies)
Hornby Bay Basin
47
Boulder Prospecting, Tim Claims, Snake River Contracting. 1980
Geological Geochemical & Radar Surveys, SAG Claims, NTS 86 N/02. G.J. Campbell,
March 1979
Lake Sediment Re-Interpretation, NTS 86 J/12. J/13 and J/14. S.J. Hoffman
Report on Hornby Bay Geochemical Grids, 1979, Munch, Tabb, Bear, Contact, Wolf
East, Wolf Cree, S.J. Hoffman
Geochemical Orientation Studies, Hornby Bay Project (1976-1978).
Vol.1 (2 copies), Vol.2 (1 copy) and Vol.3 (1 copy)
S.J. Hoffman.
Assessment Report Geochemistry, U-42 Claim, NTS 86 J/13. M.D. Bradley
DRILLING
BOX 23
Year-end Report 1980, Exploration, North Richardson River, Alberta NTS 74 L/6,
Geology, Geophysics, Dirlling. Norcen
Year-end Report 1980, South Richardson River, Alberta NTS 74 L/2 and L/3, Geology,
Geophysics, Drilling. Volume 1 and 2.
Geology, Geochemistry & Drilling, Pat Claims, NTS 86 N/3. G.J. Campbell 1979 (work
1978, 3 copies)
Report 1979, Hornby Bay JV, UC and BP, Geology, Geophysics and Drilling, NTS 86
J/10, J/11, J/12, J/13, J/14 and 86 O/3 and O/4. G.J. Campbell, Volumes 1 and 2
Report 1980, Hornby Bay UC-BP, JV, Geology, Geophysics and Drilling, NTS 86 J/10,
J/11, J/12, J/13, J/14 and 86 O/3 and O/4, December 1980, Volumes 1 and 2
Rouviere Joint Venture, Drilling, Geophysics, Boulder Smapling, Tim Claims, NTS 86
N/7, 1981
DRILLING & GEOPHYSICS
BOX 24
Geology, Geochemistry & Drilling, Pat Claims, NTS 86 N/3 1979. G.J. Campbell (work
1978)
Diamond Drilling Results, Dismal Lake, NTS 86N
Comparison Radiometric Logs and Drill Core, Hornby Bay, 1980. G.J. Campbell, March
1981 (work 1980)
Hornby Bay Basin
48
1978 Exploration on Hornby Bay, Geology, Geochemistry, Geophysics, Drilling, NTS
86K, 86J/12, K/13, J/14 and86 O/3 and O/4, G.J. Campbell and S.J. Hoffman (3 copies)
Kendall River Project, Airborne Surveys, Geochemistry, Geology, NTS 86 N/1, N/2 and
N/3. S.J. Hoffman, Volumes 1, 2 and 3.
Assessment Report, Geology, Geophysics, SIP, HIL, Kim and Jim Claims, NTS 86 K/5.
G.A. Woods, September 1978 (work 1977 and 1978, 2 copies)
Rouviere JV, Analysis and Interpretation of Imaging (Landsat), NTS 86N, G. Mitchell,
September 1982 (work 1979)
Geophysical Interpretation, Bluto Lake Grid, Pat 2, 3, 4 and 7 claims, NTS 86 J/12. S.J.
Hoffman, January 1980 (work 1980)
Geology, Geochemistry, Geophysics, ERK Claim Group, Kendal River Area, NTS 86
N/1. S.J. Hoffman, February 1979 (work 1974, 1977 and 1978)
DRILLING AND GEOPHYSICS
BOX 30
Original Raw Data, Questor Airborne Survey, film, tapes, etc.
AIR PHOTOS
BOX 32
Colour Air photos, Rouviere Project,
Colour Air photos, Rouviere Project Dismal Lakes
Colour Air photos, Rouveiere Project
Colour Infrared Photography, NTS 86N
Geology Geochemistry, Geophysics, RAD Claims, NTS 86 N/4. R.V. Longa, 1981
IP Survey Dismal Lakes, BP, 1978
Proposed 1980 Summer Work, Geophysics, Geochemistry and Prospecting, Rouviere
Project May 1980
Stable Lead Isotopes, Hornby Bay, S.J. Hoffman, June 1980
Hornby Bay Basin
49
LIST OF REPORTS
Budinski, D.R., 1997. Exploration Report on the Hornby Bay Project, North Mining
District, Northwest Territories, Canada, NTS 86 J. Report prepared for Hornby Bay
Resources Inc.
Bevan, P.A., (1997), A Review of the Geology and Uranium Potential of the Hornby
Bay Basin, with Reference to Hornby Exploration Ltd., Claims, District of Mackenzie,
Norhtwest Territories, Latitude 67˚ 00’N, Longitude 116˚ 00’W. NTS 86 J/12, K/16,
N/1, O/4 and J/10, J/11. Report prepared for Hornby Bay Exploration Ltd.
Pitman, P.W., Craigie, C.E., (1997), Geological Appraisal and Exploration Potential,
Hornby Bay Uranium Project, Northwest Territories, Canada. Report prepared for
Hornby Bay Resources Inc.
Fair, A., (1997), Logistics and Processing Report of the Airborne Magnetic & GEOTEM
Electromagnetic Survey in Coppermine, NWT for Hornby Bay Resources. Report by
Geoterrex.
Davis, J.W., (1998), A Report on the Radiometric Survey, FM-1 to FM 42 Claims, Asiak
River Area, NTS 86O/8, 9, Latitude 67˚ 80’ to 67˚ 34’ North, Longitude 114˚ 17’W to
114˚ 30’W, Northern Mining Division, Northwest Territories for work completed
between February 28 and March 1998 on behalf of Hornby Bay Exploration Ltd.
Craigie, E.R. (1998), Evaluation Report, Coppermine River Project, NWT, Mineral
Claims DM 29 (F59109) – DM 36 (F59116), DM 40 (F59120), - DM44 (F59124), DM50
(F59130) – DM 66 (F59146), DM 67 (F42982), DM 68 (F42996) – DM 72 (F4300), LB
73 (F43126 – LB 74 (F3217, NTS Map Sheets, 86 J/10, 11, 12, 113 and 14, 66˚ 35’N 66˚ 58’N, 114˚ 57’W - 116˚ 00’W. Work period: May 2, 1996 – September 30, 1996.
Prepared for Hornby Bay Resources Inc.
Pitman, P.W., (1998), Fundamentals of Uranium Exploration, Hornby Bay Uranium
Project, Hornby Bay Basin, NWT, Volume 1. Report prepared for Hornby Bay
Exploration Ltd.
Pitman, P.W., (1998), Hornby Bay Uranium Projects, Coppermine River, Asiak River,
Hornby Bay Basin, NWT. Volume 2. Report prepared for Hornby Bay Exploration Ltd.,
1998 Tabular Summary of Exploration Assessment Files for NTS 86 O/8 and
Immediately Surrounding NTS Blocks, Asiak River Area, NWT. Prepared for Hornby
Bay Exploration Ltd. by Kishar Research Inc. Ottawa.
Reading, K.L., (1998), Hornby Bay Landsat Image Study, 1988. Report prepared for
Hornby Bay Exploration Ltd.
Hornby Bay Basin
50
September –(1998), Logistics and Processing Report of the Airborne Magnetic and
Geotem Electromagnetic Multicoil Survey for the Coppermine River Centre Block,
Coppermine NWT for Hornby Bay Exploration Ltd. – Geoterrex – Dighem
Fair, A., (1997), Logistics and Processing Report of the Airborne Magnetic & Geotem
Electromagnetic Multicoil Survey in Coppermine, N.W.T. for Hornby Bay Resources –
Geoterrex – Dighem
Jagodits, F.L., (1998), Report on an Induced Polarization/resistivity Survey, Coppermine
River Project, Rose Garden Grid, Coppermine River East Block, Coppermine River Area,
Hornby Bay Basin, NWT. Mineral Claims: CM96 (F62066) and DM 66 (F59146). NTS
86J/10 and 86 J/11. 66˚ 45’N - 115˚ 00’W. Work Period: September 25, 1998 – March
1, 1999. Hornby Bay Exploration Ltd.
Jagodits, F.L., (1998-1), Report on an Airborne Geotem Transient Domain
Electromagnetic –Magnetic Survey, Coppermine River Project, Coppermine River Centre
Block, Coppermine River Area, Hornby Bay Basin, NWT. Mineral Claims: CM 1
(F61971) – CM 12 (F61982, CM 14 (F61984) CM 54 (F62064), CM 57 (F62027) – CM
63 (F62033), CM 67 (F62037) – CM 69(F62039), CM 72 (F62042) – CM 79 (F62049)
CM 91 (F62061) and CM 92 (F62062) NTS 86 J/13, 86 J/14, 86 K/16, 86 N/01 and
86O/04. 66˚ 35’N - 67˚ 15”N; 114˚ 45’W - 116˚ 25”W. Work Period: May 31, 1998 –
December 31, 1998.
Jagodits, F.L., (1999-1), Report on the Integrated Interpretation of the 1996 and 1998
Airborne Geotem Transient Domain Electromagnetic –magnetic Surveys, Coppermine
River Project, Coppermine River Centre Block, Coppermine River Area, Hornby Bay
Basin, NWT. Mineral Claims CM 1 (F61971) – CM 12 (F61982, CM 14 (F61984) – CM
92 (F62062), DM 29 (F59109) – DM 36 (FF59116), DM 40 (F59120) – DM 44
(F59124), DM 49 (F59129), DM 65 (F59145), DM 69 (F42997), DM 71 (F42999) and
LB-73 (F43216) = LB 74 (F43217). NTS 86 J/10, 86 J/11, 86 J/12, 86 J/13, 86 J/14, 86
K/16, 86 N/01 and 86 O/04; 66˚ 35’N - 67˚ 15”N; 115˚ 25’W - 116˚ 25’W. Work Period
May 31, 1998 – January 15, 1999 for Hornby Bay Exploration Ltd.
Polischuck, R., (1998), Coppermine River Project, Transient Electromagnetic, HLEM,
Induced Polarization and Total Field Magnetic Surveys, Contact Lake Grid, Wolf Creek
Grid, Grid CE-2, Grid A and Rose Garden (Grid 5), NWT NTS 86J10, 11 13. For
Hornby Bay Exploration Ltd. Patterson Mining Geophysics Ltd.
Coppermine River Project:
HB98-04
1998 DDH Logs HB98-01, HB98-02, HB98-03 and
Hornby Bay Basin
51
Jagodits, F.L., (1999-2), Report on an Ariborne Geotem Transient Domain
Electromagnetic Surveys, Coppermine River Project, Centre Block, Wolf Creek and
Contact Lake Grids, Coppermine River Area, Hornby Bay Basin, NWT. Mineral Claims:
DM31 (F59111), DM 32(F59112), DM 33 (F59113) and DM 34 (F59114). NTS 86 J/13.
Wolf Creek Grid: 66˚ 54’N - 116˚ 00’W. Contact Lake Grid 66˚ 53’N - 115˚ 52.5’W.
Work Period September 7, 1998 – March 30, 1999. Volumes I and II. Hornby Bay
Exploration Ltd.
Jagodits, F.L., (1999), Report on Magnetic, Transient Domain Electromagnetic and
Horizontal Loop Electromagnetic Surveys, Coppermine River Project, East Block,
Coppermine River Area, Hornby Bay Basin, NWT. Mineral Claims: CM 93 (F62063),
B8 (F36798) and B9 (F36799) NTS 86 J/10 66˚ 41”N - 114˚ 55’W. Work Period:
September 25, 1998 – March 15, 1999. Hornby Bay Exploration Ltd.
Patterson, J.M., (1999), Base Metal Potential of the East Claim Block, Coppermine River
Claims NWT. Coppermine River Project, Rose Garden Grid, Coppermine River East
Block, Coppermine River Area, Hornby Bay Basin, NWT. Mineral Claims: CM93-96
and DM 66-68. NTS 86 J/10, J/11, J/14 and J/15. 66˚ 45’N - 115˚ 00’W. Hornby Bay
Exploration Ltd.
Reading. K.L.,(1999), 1998 Prospecting and Geological Reconnaissance of Several
Hornby Bay Exploration Properties in the Coppermine River, “Big Bend” Area of
Nunavut NTS J/10 – J/15
Irvine, T. N. and Baragar, W. R. A. (1972); Excursion A29, Muskox Intrusion and
Coppermine River Lavas, Northwest Territories, Canada. 24th International Geological
Congress.
Baragar, W.R.A. and Donaldson, J.A. (1973), Coppermine and Dismal Lakes Map-Areas.
Geological Survey of Canada Paper 71-39. Bradley, M. D. (1983): Assessment Report
Detailing the Diamond Drilling Program at the BOG Occurrence - Pat 2 Claim, BP
Minerals Limited. Department of Indian and Northern Affairs, Yellowknife, Assessment
File Report No.081983.
Herring, B. G. (1977), Geological Report Quat Property, Cominco Ltd. Department of
Indian and Northern Affairs, Yellowknife, Assessment File Report Nos. 080639 and
061594.
Holmes, J. M. and Hoffman, S. J. (1979), Assessment Report, Pat Claim Group, BP
Minerals Limited. Department of Indian and Northern Affairs, Yellowknife, Assessment
Woods, G. A. and Hoffman, S. J. (1979), Assessment Report, East Claim Group, BP
Minerals-Limited. Department of Indian and Northern Affairs, Yellowknife, Assessment
Hornby Bay Basin
52
Campbell, G. J., Hoffman, S. J., Woods, G. A. and Jensen, T. (1980), Report on the
Hornby Bay Joint Venture Area, BP Minerals Limited. Department of Indian and
Northern Affairs, Yellowknife, Assessment File Report No.081278.
Gandhi, S. 5. (1980), Mountain Lake Deposit, Northwest Territories. Geological Survey
of Canada Open File 716, Non-hydrocarbon Mineral Resource Potential of Parts of
Northern Canada, p.31-32.
Herald, C. E., Sawluk, M. J. and Scott, A. (1983), Geological,~Geochemical,
Geophysical and Diamond Drilling Program, Bear Valley Project, Anaconda Canada
Exploration. Department of Indian and Northern Affairs, Yellowknife, Assessment File
Report No.081730.
Hoffman, P. R. (1984), Northern Internides of the Wopmay Orogen, District of
Mackenzie, NWT. Geological Survey of Canada, Map No. 1576A.
Igboji, E., Goff, S. P., and Beales, P. (1997), Exploration Overview 1996, Northwest
Territories, Mining, Exploration and Geological Investigations. Department of Indian and
Northern Affairs, Yellowknife.
Reading, K. L., (1998), Coppermine River Project: 1998 DDH Logs, HB98-01, HB98-02
HB98-03 & HB98-04. Prepared for Hornby Bay Exploration Limited, Toronto.
Earle, S., (1999), Drill Core and Outcrop Lithogeochemistry of Parts of the
Hornby Bay Basin, N.W.T. NTS 86 J and O. Prepared for Hornby Bay Exploration Ltd.,
Toronto.
Bates, M., (2004), Project Report, Airborne Gravity and Magnetic Survey, Kuglutuk2003, for Hornby Bay Exploration Ltd. Flown by: Sander Geophysics Limited, 260 Hunt
Club Road, Ottawa, Ontario, Canada, K1V 1C1
Barker, A.L. (2002): Executive Review, Asiak Project of Hornby Bay Exploration Ltd.;
Coronation Gulf; Diamond Exploration Area
Chung, L. (2001) Report: Review and Interpretation of Geophysical Surveys and
Anomalies on the Hornby Bay Coppermine River Property, NU
Jagodits, F.L. (2004), Report on Helicopter-Borne Resolve Electromagnetic and
Magnetic Survey, Asiak River Project, Northeast and South Extensions, Asiak River
Area, Nunavut.
Mineral Claims A13(F65223)-A14(F65224), A15(F65779)A21(F65785), HB1(F65786)-HB9(F65794), HB24(F65809)-HB27(F65812). NTS 86
O/01, 86 O/08, 86 O/09 and 86 O/10. 67˚ 00’N-67˚35’N and 114˚ 00’W - 114˚30’W ,
Volume I, Work Period October 14, 2003 – June 5, 2004.
Stevens, M., Smith P., (2004), Survey Report Helicopter-Borne Resolve EM and
Magnetic Geophysical Survey Hornby Bay Exploration Ltd. Asiak River Project and
Coppermine River Project – East Block Nunavut. NTS 86J/10, 14, 15; 86O/1,8
Hornby Bay Basin
53
Jagodits, F.L., (2004), Report on Helicopter-Borne Resolve Electromagnetic and
Magnetic Survey, Coppermine River Project, Coppermine River East Block, Coppermine
River Area, Hornby Bay Basin, Nunavut. Mineral Claims CM94 (F62064), CM95
(62065), CM96 (F62066), B-1 (F36791), B-2 (F36792), B-3 (F36793), B-4 (F36794, B-5
(36795) B-6 (F36796) B-7 (F36797), B-8 (F36798) and 3M4 (F658161). NTS 86 J/10,
86 J/11, J/14, and J/15. 67˚15’N - 114˚15’W. Work Period, July 5, 2004 – October 20,
2004.
Jagodits, F.L., (2004), Report on Airborne Gravity and Magnetic Surveys, Coppermine
River Project, Coppermine River Centre Block, Coppermine River Area, Hornby Bay
Basin, Northwest Territories. Mineral Claims CM1 (F61971) – CM12 (F61982), CM14
(F61984) – CM92 (F62062), DM29 (F59109) – DM36 (F59116), DM40 (F59120)-DM44
(F59124), DM49 (F59129) – DM65 (F59145), DM69 (F42997) – DM71 (F42999), LB73
(F43216) – LB74 (F43217) and DM 72 F43000. NTS 86 J/10, 86 J/11, 86 J/12, 86 J/13,
86 J/14, 86 K/16, 86 N/01 and 86O/04. 66˚35’N - 67˚15’N, 115˚25’W - 116˚25’W.
Work Period, October 14, 2003 – September 10, 2004.
24.0 LIST OF ILLUSTRATIONS
Page
5-7
8
9-12
13
14 – 16
22
25
26
29
30
31
Name
Location Maps
Geologic Setting
Schematic of Uranium Deposit Models
Uranium Deposits in the Hornby, Thelon and Athabasic Basins
Drill Hole Data (Coppermine)
Drill Hole Data (Asiak)
Interpretation of Results of Hornby’s 2004 Uranium Exploration Program
Hornby Bay Basin
54
CERTIFICATE of AUTHOR
I, Geoffrey S. Carter P. Eng., do hereby certify that:
1
I am a Principal of:
Toronto, Ontario, Canada
M5H 2V1
2.
I graduated with an Honours Bachelor of Science (1968) degree in Mining
Engineering from University of Wales, University College Cardiff, South Wales,
UK in 1968
3.
I am a member of the Professional Engineering Association of Manitoba,
Professional Engineers, Ontario, and a member of the Canadian Institute of
Mining and Metallurgy.
4.
I have practiced my profession in excess of thirty years.
5.
I have read the definition of “qualified person” set out in National Instrument 43101 (“NI 43-101”) and certify that by reason of my education, affiliation with a
professional association (as defined in NI 43-101) and past relevant work
experience, I fulfill with requirements to be a “qualified person” for the purposes
of NI 43-101.
6.
I am responsible for the preparation of the technical report titled Technical Report
and dated December 9, 2004 (the Technical Report) related to the Hornby Bay
Basin. I visited the property from September 14 to 17, 2004.
7.
I have not had prior involvement with the properties that are the subject of the
Technical Report.
8.
I am not aware of any material fact or material change with respect to the subject
matter of the Technical Report that is not reflected in the Technical Report, the
omission to disclose which makes the Technical Report misleading.
9.
I am independent of the issuer applying all of the tests in section 1.5 of National
Instrument 43-101
10.
I have read National Instrument 43-101 and Form 43-101F, and the Technical
Report has been prepared in compliance with that instrument and form.
Hornby Bay Basin
55
11.
I consent to the filing of the Technical Report with any stock exchange and other
regulatory authority and any publication by them for regulatory purposes,
including electronic publication in the public company files on their websites
accessible by the public, of the Technical Report.
Dated the 9th Day of December, 2004
________________________________
Signature of Geoffrey S. Carter, P. Eng.
Seal or Stamp
Geoffrey S. Carter
__________________________________
Printed name of Geoffrey S. Carter, P. Eng.
Geoffrey S. Carter
Toronto, Ontario
Canada, M5H 2V1
Tel: 416-594-6672
Fax: 416-594-3446
Email: [email protected]
Hornby Bay Basin
56
CONSENT OF AUTHOR
To: securities commissions and exchanges where filed
I, Geoffrey S. Carter, do hereby consent to the filing of the written disclosure of the
Technical Report and dated December 9, 2004 (the Technical Report and any extracts
from or a summary of the Technical Report in the material change report of Hornby Bay
Exploration Ltd. and to the filing of the Technical Report with the securities regulatory
authorities referred to above.
I also certify that I have read the written disclosure being filed and I do not have any
reason to believe that there are any misrepresentations in the information derived from
the Technical Report or that the written disclosure in the material change report of
Hornby Bay Exploration Ltd. contains any misrepresentation of the information
contained in the Technical Report.
Dated the 9th Day of December, 2004
________________________________
Signature of Geoffrey S. Carter, P. Eng.
Seal or Stamp
Geoffrey S. Carter
__________________________________
Printed name of Geoffrey S. Carter, P. Eng
Copyright of Broad Oak Associates (A Division of 930531 Ontario Limited), Head Office: 365 Bay Street, Suite 304, Toronto,
Ontario, Canada, M5H 2V1
Hornby Bay Basin
57

hornby bay basin hornby bay exploration ltd.

Transcription

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