Boer property fact sheet 20141215 c

Boer Mineral Property, Fact Sheet, December 15, 2014 of 9

NEW DISCOVERY

In November 2014, within an area of Lodgepole Pine outer bark samples anomalous in metals, two adjacent pieces of angular, near-source float of hydrothermal breccia with multiple stages of stockwork veining with average 0.548 gpt Au, 11.7 gpt Ag and 0.121 % Mo were discovered by Les Allen, Prospector. The float is believed to be close to source.

Target

Gold-silver-molybdenum-copper breccia/porphyry.

Location The road accessible Boer property is located adjacent to Highway 16, and centered nine kilometers northeast of the resource town of Burns Lake, B.C. UTM Zone 10N: 6017000N/330000E, NTS maps: 093K/04 and 093K/05, Omineca Mining Division.

Access Property access is via Hwy 16, 20 kilometers east of Burns Lake then north by a Mainline logging road network (Augier and Co-op) to and around the Property. The topography is gentle relief typical of the B.C. Interior Plateau, and has been extensively clear-cut logged. The Property is located near excellent infrastructure including the resource town of Burns Lake, and related highways, grid power, natural gas pipeline and airport.

Land Ownership The Property consists of 21 BCMTO mineral tenures covering 9,730ha, registered ownership is John A. Chapman (50%) and Gerald G. Carlson on behalf of KGE Management Ltd. (50%) (the “Owners”). The Property is available for Option to Purchase.

History The mineral potential at Boer was first identified by John Chapman who recognized highly anomalous silver in lake sediments (up to 2,000 ppb) from the Geoscience BC Quest West Project conducted from 2008 to present. This large silver lake sediments anomaly is ranked in the +95th percentile from RGS samples covering a vast area of the B.C. Interior Plateau. In addition, the same sediment samples were anomalous in molybdenum, copper and mercury. Structural Study: Gerald Carlson, PhD (geology) conducted a structural study in 2013 utilizing topography and government airborne magnetics and regional gravity surveys. Several magnetic anomalies underlie the Boer property, likely related to intrusive rocks, and interpreted lineaments suggest both major and secondary structures intersecting within the property. Pine Bark Geochemistry: In order to determine the geochemical character of bedrock beneath the extensive glacial till cover on the property (<1 percent outcrop), the Owners conducted pine bark and till geochemical sampling in


2012, 2013 and 2014 along logging roads, the natural gas pipeline and clear-cuts. Several areas with anomalous metals (Ag, Au, Mo, Cu, Zn) were defined. These biogeochemical surveys were encouraged by Colin Dunn to complement his 2001 GSC Regional survey (GSC Open File 2001-09) from Burns Lake to Vanderhoof and south to Kenny Dam (724 Lodgepole outer bark samples), where the highest copper values occur on the present Boer property. The Owners’ survey confirmed and enhanced the Dunn anomaly. Till Geochemistry: In 2014, the Owners conducted a till sampling survey, using an auger, along logging roads and the natural gas pipeline (just outside ROW). No metal anomalies of interest were defined because of the heterogeneous nature of the thin till overburden. Prospecting: In 2012, the owners discovered a hydrothermal breccia body (the Boer Breccia, now a MinFile occurrence, mineralized with disseminated pyrite and anomalous in Mo (182.4 ppm), Cu (279.5 ppm) and Ag (3.4 ppm) in a mixed host rock of K-spar granite and hornblende diorite. In 2014, following up on one of the strongest pine bark anomalies (Ag, Mo, Cu), two angular float pieces of hydrothermal breccia, mineralized with finely disseminated pyrite and molybdenite and with multiple stages of stockwork veining and alteration, were discovered ~2 km east of the Boer breccia. Two analyses from these samples averaged 0.548 gpt Au, 11.7 gpt Ag and 0.121% Mo.

Geology The geology of the region consists of: 1) Mississippian to Triassic Cache Creek Group oceanic volcanic and sedimentary assemblage 2) Upper Triassic dominantly mafic volcanic Takla Group 3) Lower to Middle Jurassic Hazelton Group mafic to felsic volcanic and sedimentary rocks 4) Upper Cretaceous to Lower Tertiary Ootsa Lake Group sedimentary and volcanic rocks and 5) Oligocene and Miocene Endako Group. The region has been intruded by Lower Jurassic quartz monzonite to granodiorite Topley Intrusive Suite, Upper Jurassic plutons of the Francois Lake Suite and plugs and stocks related to Upper Cretaceous and Tertiary volcanism (Minfile 093K033). Several K-Spar and quartz pegmatite dikes have been located on the Boer claims. The last glacial ice moved from west to east over the Property.

Mineralization The Boer is a grass-roots play based upon the anomalous RGS (Mo, Cu, Ag) in lake sediments (see maps). The first mineral discovery was in 2012 at kilometer 13.4 on the Co-op logging road, ~12km northeast of Burns Lake. It is a large hydrothermal breccia mineralized with abundant disseminated pyrite with anomalous Mo, Cu and Ag values. A second discovery, two km to the east, consists of large, angular float samples of mineralized breccia with multiple stages of veining and alteration. Two analyses from these samples averaged 0.548 gpt Au, 11.7 gpt Ag and 0.121 % Mo.

Potential The Boer gold-silver-molybdenum-copper occurrences indicate the potential for discovery of a large breccia and/or porphyry deposit.

Recommended Exploration

The next phase of exploration should be a property-wide helicopter-borne ZTEM survey by Geotech Ltd., in parallel with localized IP surveys on existing targets – then followed by trenching and drilling

Status The Boer Breccia/Porphyry Au-Ag-Mo-Cu property is available for option. Contact John A. Chapman at 604.612.9438 ([email protected]) or Gerald G. Carlson at 604.816.3012 ([email protected]).


Burns Lake


On June 9, 2013 Jon Rempel a Fort Fraser based earth-moving contractor and mineral prospector informed John Chapman of the metal enriched bark samples near the eastern end of the Boer property that are shown on MapPlace (“Focused Geochemical Surveys”, “Bark Survey Data”). This information prompted John Chapman to contact Colin Dunn, biogeochemical expert to discuss this MapPlace data which is from Dunn’s GSC Report (Open File 2001-09). This led to planning for the westerly extension of the Lodgepole pine outer bark survey across the Boer property in 2013 and 20124 using the same sampling and analysis methods as Dunn in his 2001 survey. Significant copper, molybdenum and silver anomalies have been located in the 2013 and 2014 biogeochemical surveys at Boer. The tenor and size of the copper and molybdenum anomalies at Boer are superior to those located at Mount Milligan, using similar methods, and reported in BSC Open File 3290 by Colin Dunn. These 2013 results and those from 2012 indicate a strong potential for a large porphyry copper, molybdenum, silver system at Boer. See the table on this page for a Boer vs Mount Milligan biogeochemical sample comparison.


BC MapPlace 2012: Lake Sediment Silver and Residual Total Mag. Field


Large hydrothermal breccia, kilometer 13.4 Co-op Main logging road

Breccia mineralized with sulfides (abundant pyrite, 182.4ppm molybdenum, 279.5ppm copper and 3.4ppm silver), mixed fragments of K-spar granite and hornblende diorite.


Float sample LAB027 (discovered November 2014), located ~2km east of Boer Breccia. Mo 1262ppm, Ag 13.7ppm and Au 531ppb.

Rock Description By:

Ariadne Holness de Hiller,

MSc (geology)

Boer property fact sheet 20141215 c

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