TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

106
V MRB & Ass 1100-1740 Val-d’Or, Qc sociates chemin Sul c, J9P 7H1 MINE Ea livan TECHNI ERAL RES ast Cadill Val-dNTS 32 Pre Chalice G ICAL REP & SOURCE E lac Gold P Or, Qb -C/03, 31N epared for: old Mines Li Febru PORT ESTIMAT Project, bec N/14 imited uary 12, 201 TE: Joh Abderr 17 (amende hn Langton razak Ladid ed March 12 P.Geo. i P.Geo. 2, 2019)

Transcript of TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

Page 1: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

V

MRB & Ass1100-1740 Val-d’Or, Qc

sociates chemin Sulc, J9P 7H1

MINE

Ea

livan

TECHNI

ERAL RES

ast CadillVal-d’NTS 32

Pre

Chalice G

ICAL REP&

SOURCE E

lac Gold P’Or, Québ-C/03, 31N

epared for:

old Mines Li

Febru

PORT

ESTIMAT

Project,bec N/14

imited

uary 12, 201

TE:

JohAbderr

17 (amende

hn Langton razak Ladided March 12

P.Geo. i P.Geo.

2, 2019)

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1.0 SUMMA1.1 INTRO1.2 PROPE1.3 GEOLO1.4 RESOU1.5 CONCL1.6 RECOM2.0 INTRO2.1 SOURC2.2 SITE V2.3 UNITS3.0 RELIAN4.0 PROPE4.1 LOCAT4.2 MINER4.3 ROYAL4.4 ENVIR4.5 PERMI4.6 OTHER4.7 PROPE5.0 ACCES6.0 HISTO6.1 THE NPERSHING-D

6.1.1 6.1.1.6.1.1.

6.1.2 6.1.2.6.1.2.

6.1.3 6.2 THE C

6.2.1 6.2.2

7.0 GEOLO7.1 REGIO7.2 LOCAL7.3 PROPE7.4 GEOLO7.5 MINER8.0 DEPOS9.0 EXPLO10.0 DRILLI11.0 SAMPL12.0 DATA V13.0 MINER14.0 MINER14.1 INTRO14.2 DRILL14.3 ASSAY14.4 GEOLO14.5 MINER14.6 ASSAY14.7 VARIO14.8 BLOCK14.9 BLOCK14.10 SPECI14.11 DILUT14.12 METAL

ARY ............ODUCTION ...ERTY DESCRIOGY AND MINURCE ESTIMALUSIONS .....MMENDATIONDUCTION ANCES OF INFOVISIT ..........S OF REFERENNCE ON OTHEERTY DESCRIPTION ...........RAL CLAIM TELTIES AND RERONMENTAL LITS .............R RELEVANT ERTY SUMMASSIBILITY, LORY .............ORDEAU PRO

DENAIN BLOCNordeau Eas1 Historic 2 Recent wBateman cla1 Historic 2 Recent wPershing-DeHIMO PROJELac Simon &Villebon claim

OGICAL SETTIONAL GEOLOGL GEOLOGY ..ERTY GEOLOGOGY OF NORDRALIZATION .SIT TYPES ....RATION ......ING ............LE PREPARATIVERIFICATIO

RAL PROCESSRAL RESOURCODUCTION ...-HOLE DATA Y GEOSTATISOGY & MINERRALIZED ZONY COMPOSITEOGRAPHY .....K MODELLINGK MODEL VALFIC GRAVITY

TION & RECOVLLURGICAL C

..................

..................PTION AND O

NERALIZATIOATE ...............................NS ..............ND TERMS OFORMATION ....

..................NCE .............ER EXPERTS .PTION AND L..................ENURE AND DELATED INFOLIABILITIES ....................FACTORS .....RY ..............

OCAL RESOUR..................

OJECT CLAIM CKS) ............st and Nordeawork ..........work ...........

aim block ......work ..........work ...........nain claim blCT CLAIMS (

& Nova claim m block .......ING ............GY ................................GY ...............DEAU WEST D........................................................................ION, ANALYSN ................

SING AND MECE & MINERA..................VALIDATION

STICS ..........RALIZED ZONNE ASSAYS & E GRADE X TH..................G & GRADE ELIDATION .....Y & VOLUMETVERY ...........

CONSIDERATI

TABLE ....................................OWNERSHIP .ON ....................................................................F REFERENCE........................................................................LOCATION ......................DISPOSITIONORMATION ...........................................................................RCES, INFRAS..................BLOCKS (NO

..................au West claim..........................................................................................ock ............LAC SIMON, blocks ..................................................................................................DEPOSIT .............................................................................ES AND SEC..................TALLURGICAL RESERVE E..................

N ...................................

NE INTERPRETCOMPOSITIN

HICKNESS CO..................STIMATION P..................

TRICS ............................IONS ...........

East Cadil

OF CONTE.......................................................................................................................

E .......................................................................................................................

N .....................................................................................................

STRUCTURE A.................

ORDEAU EAST.................

m blocks ............................................................................................................NOVA AND V...........................................................................................................................................................................................URITY ..........................

AL TESTING ..ESTIMATES .....................................................TATION & MONG .............ONTOURING .................PARAMETERS....................................................................

llac Gold Proj

NTS ....................................................................................................................................................................................................................................................................................................................................................AND PHYSIOG.................T, NORDEAU........................................................................................................................................

VILLEBON BLO..................................................................................................................................................................................................................................................................................................................ODELLING ......................................................

S ....................................................................................

ject – 2017 T

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..................GRAPHY ........................ WEST, BATE................................................................................................................................................OCKS) ...............................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

Technical Rep

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..................EMAN AND ........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

port 2

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14.13 ENVIR14.14 CUT-O14.15 RESOU14.16 SUMM14.17 CONCL15.0 ADJAC16.0 OTHER17.0 INTERP17.1 RISKS18.0 RECOM19.0 REFERCERTIFICATE

LIST OF FIG

Figure 2.1 SiFigure 2.2 ReFigure 4.1 BaFigure 4.2 Eaexploration cFigure 6.1 Eawork ...........Figure 6.2 BeFigure 6.3 BeFigure 7.1 ReFigure 7.2 SiFigure 7.3 GeFigure 7.4 SiFigure 14.1 PFigure 14.2 LFigure 14.3 HFigure 14.4 3Figure 14.5 3Figure 14.6 EFigure 14.7 HFigure 14.8 LFigure 14.9 EFigure 14.10 Figure 14.11 Figure 14.12 Figure 14.13 Figure 14.14 Figure 14.15 Figure 14.16 Figure 14.17 Figure 14.18 Figure 14.19 Figure 15.1 F

RONMENTAL COFF GRADE ..URCE ESTIMAARY OF CATELUSIONS .....ENT PROPER

R RELEVANT DPRETATION A

S AND UNCERMMENDATIONENCES ........

E OF QUALIFI

GURES

mplified geolegional base ase-map of East Cadillac Gcompanies ...ast Cadillac G.................

est results (hest results (hegional geolomplified geoleology undermplified strat

Plan map of foLog-normal pHistogram plo3D isometric 3D isometric E-W longitudiHistogram ploLog-normal pE-W longitudiLinear down3D omni-dir3D direction3D direction3D E-W longGold price (UE-W section South-facingSouth-facingSouth-facing

Former Chimo

CONSIDERAT..................ATE .............EGORIZED RE..................

RTIES ...........DATA AND INAND CONCLURTAINTIES ....NS .................................CATION .......

logical map omap showingast Cadillac G

Gold Property ..................

Gold Property ..................ighlighted) frighlighted) fr

ogy map of Ablogical map orlying the Eastigraphic coluormer Nordea

probability ploot – all assaytop/down-dipN-S cross seinal section vot – mineralizprobability ploinal section v

n-hole semi-vectional semal semi-varioal semi-vario

gitudinal sectUS$/oz Au) –view looking

g longitudinag longitudinag longitudinao Gold Mine (

TIONS ..............................................ESOURCES .......................................

NFORMATIONSIONS ................................................................................

of Abitibi Greeg location of tGold Propertyshowing form

..................showing dist

..................rom 1988 drirom 1988 dribitibi Greenstof southeastest Cadillac Proumn for the aau West propot – all Au assy sample interp view – geolction view –

view – geologzed zone samot – mineralizview – compovariogram – 1i-variogram –ogram – 1.5 mogram – 1.5 mion view – m

– 6 month, dag south showil section – ml section – pol section – m(July 2006) ..

East Cadil

.................

.................

.................

.................

.................

.................

.................

.................

.................

.................

.................

.................

enstone Belt the East Cady showing clamerly distinct.................tribution of in.................lling by Monilling by Monitone Belt shorn part of Aboperty .........area of the Eaperty limits &says (uncut) rval lengths .logy solids & geology solidy solids & su

mple interval zed zone 1.5osite grade x 1.5 m compos– 1.5 m compm compositesm composites

mineralized zoaily, and 30-ding indicated ineralized zo

oints used to ineralized zo.................

llac Gold Proj

.................

.................

.................

.................

.................

.................

.................

.................

.................

.................

.................

.................

in Quebec ...illac Gold Pro

aim groups stt claim group.................nformal claim.................cor (GM4843cor (GM4850

owing locationbitibi Greensto.................ast Cadillac G

& drill-holes u..................................surfaces mo

ds & surfacesurfaces modelengths .......m compositethickness consites (Au cut)posites (Au cs (Au cut) Azs (Au cut) Az

one block modday moving aresource blo

one block modestimate blo

one block mod.................

ject – 2017 T

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..................operty ..........taked and oppings owned ..................

m blocks from..................30) ..............07) ..............n of East Cadone belt ........................Gold Propertysed to calcul....................................del .............

s model ........l ...................................es (Au cut) ...ntouring ......) ................cut) .............z 090º Dip -3z 270º Dip -6del ..............averages ......ocks & drill-hodel ..............ock grades ....del ................................

Technical Rep

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..................tioned by Chby various ..................

m previous exp......................................................dillac Gold Pro....................................y .................ate the MRE....................................................................................................................................................................................30º .............60º .................................................ole intersecti........................................................................

port 3

........ 80

........ 80

........ 82

........ 86

........ 87

........ 90

........ 91

........ 92

........ 93

........ 94

........ 96

...... 104

.......... 10

.......... 11 alice ... 14

.......... 15 ploration .......... 20 .......... 22 .......... 23 operty .. 39 .......... 42 .......... 43 .......... 45 .......... 57 .......... 59 .......... 61 .......... 64 .......... 65 .......... 66 .......... 68 .......... 70 .......... 71 .......... 72 .......... 73 .......... 74 .......... 74 .......... 76 .......... 80 ons ..... 84 .......... 86 .......... 87 .......... 88 .......... 90

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A

LIST OF TAB

Table 1.1: SuDecember 31Table 1.2: PrTable 4.1: ClTable 6.1: NoTable 6.2: NoTable 6.3: SuTable 6.4: SuTable 6.5: MTable 6.6: SuTable 6.7: SeTable 6.8: SuTable 6.9: SuTable 6.10: BTable 6.11: STable 6.12: STable 6.13: STable 6.14: STable 6.15: BTable 14.1: STable 14.2: UTable 14.3: UTable 14.4: UTable 14.5 UTable 14.6: UTable 14.7: UTable 14.8: MTable 14.9: UTable 14.10:Table 14.11:Table 14.12 CTable 14.13 ITable 14.14 December 31Table 14.15 STable 17.1 SCadillac GoldTable 18.1 Pr

LIST OF AP

APPENDIX I -

BLES

ummary of M1st, 2016 ...reliminary Buaim informatordeau West ordeau West ummary of 20ummary of 20ineral Resourummary of 20elected Best Rummary of 20ummary of 20Best results oSelected BestSummary of 2Summary of 2Summary of SBest Results FSummary of Univariate HisUnivariate HisUnivariate Hisnivariate HistUnivariate HisUnivariate HisMineralized ZUnivariate His Interpolation Bank of CanCut-off GradeIndicated ResEstimates of 1st, 2016) ...Summary of ummary of c

d Property ....reliminary Bu

PPENDICES

- List of Claim

Mineral Resou..................dget for Recotion for GlobeHistorical “RHistorical “R

006-2007 No008 Nordeau rce Estimate 009 Drill-HoleResults of 20010 Drill-Hole011 Nordeau of Globex Re-t Results From2009 Drill-Ho2011 Drill-HoSelected 201From 1983 LoDDH's in Norstogram Statstogram Statstogram Stattogram Statisstogram Statstogram Stat

Zone Composstogram Statn Parameters

nada Monthly e Calculationssources at InAdditional In..................Categorized ategorized re..................

udget for Rec

S

ms

rce Estimate ..................ommended Wex Mining’s Beserves” Estieserves” Esti

ordeau ProjecWest Drilling- Nordeau Wes: Nordeau 09 Diamond-es: Nordeau East Drill-Hosampling Pro

m 1988 and 1oles: Batemanoles on the Ba1 Best Drillinouvem Drillinrdeau West Dtistics – All Autistics – "Histtistics – "Recestics – All Asstistics – Minetistics – Mineites ............tistics – Mines .................Average US$s - Nordeau Wcremental Cu

nferred Resou..................Resources at

esources at 2..................ommended W

East Cadil

- East Cadilla.................

Work on East ateman and mate from Tmate from Jet Drilling Camg Campaign (

West (from LanEast Claim B-Drill Hole CaEast Propertyoles ............ogramme .....1990 Bateman Claim Blockateman claimng Results: Bang, Simon WeDatabase ......u Assays (unoric" Au Assaent" Au Assaysay Sample Iralized Zoneralized Zone.................ralized Zone.................$ Currency ExWest Resourcut-off Gradesurces at Vario.................

t 2.75 gpt Au.75gpt Au cu.................

Work on East

llac Gold Proj

ac Gold Prop.................Cadillac GoldNordeau prop

Tremblay (199ean (1990; Gmpaign (Plato(Plato Gold) .ngton and Holock ...........

ampaign-Nordy .................................................

an Drilling Prok ................

m block ........ateman East est Occurrenc.................cut) ...........ays (uncut) ..ys (uncut) ...Interval LengAu Assays (uSample Leng.................1.5 m Comp.................xchange Ratece ..............s ................ous Cut-off G.................

u Cut-off Gradut-off grade: .................

t Cadillac Gold

ject – 2017 T

erty, having ..................d Project ......perties .......90) .............GM49867) ....o Gold) ..........................orvath, 2009..................deau East ..........................................................ograms ............................................Property .....

ce .......................................................................................

gths .............uncut) .........gths ..............................osites (Au cu..................es ...................................................rades (with e..................de ...............Nordeau Wes..................d Project .....

Technical Rep

an effective ..............................................................................................................................) ....................................................................................................................................................................................................................................................................................................................................................ut) ......................................................................................effective date....................................st Project - E....................................

port 4

date of ........... 6 ........... 7 .......... 15 .......... 21 .......... 24 .......... 26 .......... 26 .......... 27 .......... 27 .......... 28 .......... 28 .......... 29 .......... 30 .......... 31 .......... 32 .......... 32 .......... 33 .......... 35 .......... 56 .......... 58 .......... 60 .......... 60 .......... 61 .......... 67 .......... 67 .......... 69 .......... 69 .......... 79 .......... 81 .......... 81 .......... 83

e of .......... 85 .......... 86

East .......... 93 .......... 95

Page 5: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

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1.0 SUMMA

1.1 IntrodChalice GoldMines (QueExchange (A

This Report(the “Authode la Fauneare Qualifierecommendexploration the mineral

1.2 ProperOn OctobeAnnouncemwith GlobexProject, cona 60% intebinding optRichmont MProject claim

To further hectares, inNovember o

Chalice’s co“Property” oof VauqueliCity of Val-dthe Larder historic and

1.3 GeologThe Propertgreywacke, mineralizatisemi-massiviron formati

The immedisince the m(now closeduntil its clooccurrences

ARY

uction d Mines Limbec) Inc., isASX: CHN)

t was prepaors”), of MRe du Quebeced Persons ded explorat

companies potential o

rty Descriper 12th, 2

ments for Chx Mining Entnsisting of 3erest. On Notion to acquMines Inc. (“ms, cover 2

consolidaten the immedof 2016.

onsolidated or the “Projen, Villebon, d’Or, and coLake-Cadil

d active gold

gy and Minty is within

iron formaon on the ve sulphideions, or in s

iate vicinity mid-1940’s wd), which oposure in lates, several w

mited (“Chalis a publicly tand Toronto

red by JohnRB & Associac standards according totion programcurrently o

f the Proper

ption and O016, Chalihalice pressterprises Inc37 claims owovember 23uire a 70% Richmont”),593 hectar

e its land diate vicinit

land holdinect”), are inPershing a

omprise a slac fault zo

d mines.

eralizationthe Abitibi G

ation and mProperty is

es, typicallysheared and

of the East when gold-bperated for e 1996. Theith historic

ce” or, the “traded junioo Stock Exch

n Langton (ates, in accof disclosuro National mme is approperating inrty.

Ownershipce announ

s announcemc. (“Globex”wned 100%3rd, 2016, C

interest in . The Chimores.

position Chty of the No

ngs, herein n western Qnd Denain tignificant coone, a prol

n Greenstone

mafic volcanfound asso within sed altered ma

Cadillac Goearing lensenearly 15 ye East Cadresources.

East Ca

“Company”)or mining cohange (TSX

M.Sc., P.Gecordance witre for minerInstrument ropriate, con the area, a

nced (*seements), tha”) to acquire by Globex

Chalice furth73 claims

o Gold claim

halice stakeordeau and

referred touebec (NTStownships, sontiguous laific regiona

Belt, overlynic rocks aloociated withdimentary rofic volcanic

old Propertyes were fou

years and prillac Gold P

dillac Gold Pr

), the parenompany listeX: CXN).

eo.) and Vinth Ministèreral projects.43-101, an

nsistent witand necessa

e www.chat it had sig

e its interestand 17 cla

her announccomprising

ms, which ar

ed 23 addiChimo proj

o as the EaS Map 32C/0some 50 kiland positional structura

ying a highlong nearly

h quartz veiocks in closrocks.

y has been tnd near theroduced in eProperty hos

roject – 2017

nt company ed on the A

ncent Jourdae des Resso. Misters Land are of thth those of oary in order

licegold.comgned a bindt in the 1,45ims in whicced that it the Chimo

re contiguou

tional claimject claims,

ast Cadillac03 and 31N/lometres ea along the el break tha

ly sheared s15 kilometns containise associat

the focus of e present daexcess of 34sts numero

7 Technical R

to Chalice Gustralian St

ain (Ph.D., ources natungton and Jhe opinion tother junior r to help de

m /Investoding letter o54 hectare Nh Globex mhad entere

o Gold Projeus with the N

ms, totalling, in Septem

c Gold Proje/14), coveriast-southeaseasternmostat hosts nu

sequence oftres of strikng disseminion with m

explorationay Chimo Go49,000 goldus catalogu

eport 5

Gold tock

P.Eng.), relles et Jourdain that the mineral

etermine

or /ASX of intent Nordeau

maintains d into a ect from Nordeau

g 1,325 mber and

ect (the ng parts st of the t part of umerous

f altered ke. Gold nated to agnetite

n activity old Mine d ounces ued gold

Page 6: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

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1.4 ResourThe NordeaResource, t

The 2017 Mdrill-holes. (Gemcom) m x 2.5 m calculationswas selecte

Table 1.1:

Resource

Measured Indicated

Measured + Inferred

Total Inferre

1.5 Conclu

The East anastomosithe host srelatively unrenowned L“break” thanumerous szones and Property areprinciple pacovers apprmineral resoccurrencesfor addition

1.6 Recom

Future expshould incluwhich weresuccess of geological mdrilling.

rce Estimaau West dephe only curr

Mineral ResoGold gradesblock modex 5.0 m. A

s. An assumd for cut-of

: Summary

e (Category)

Indicated

d

usions

Cadillac Gng high-str

sedimentaryndeformed Larder Lake-at defines tsyn-deformathe secondae of primaryassage waysroximately source, the s. The authoal gold reso

mmendation

loration woude diamone largely de

which weremodelling, g

te posit, 1,500rent resourc

ource Estimas were deteel with X-Y-Zcut-off grad

med gold prif grade calc

y of Mineraan effe

Main B Total

Total Main B

Total

Gold Projectain zones ( and maficrock. This “-Cadillac Brethe Pontiacational, epigary fracturiny importancs for sulphid15 km of pChimo Gold

ors concludeources.

ns

rk on the nd-drilling feveloped froe attributedgrade contou

0 m east ofce on the Ea

ate of Nordermined usinZ (i.e., eastde of 2.75 gce of US$1

culations.

al Resourceective date

Zone

t overlies (“shear-zonec volcanic corridor” is eak (Cadillac-Abitibi subgenetic quang and brecce to minerade- and golrospective gd Mine (cloe that the E

East Cadillafocused on om the sucd to the reuring and ex

East Cadil

f the closedast Cadillac

eau West, sng an inverst-west, nortgpt Au ($14250/oz at a

e Estimate of Decemb

No M

a tectonoes”), ranginrock into interpreted c Tectonic Zbprovince b

artz-vein/discciation thaalization, as d-bearing sground alonosed), and East Cadillac

ac Gold Profurther delcess of rec-analysis oxperimental

llac Gold Proj

d Chimo MinGold Projec

ummarized se distancedh-south, ve

45/tonne proan exchange

- East Cadber 31st, 20

Tonnes

Measured Res223,

1,225,

225,1,097,

14,

1,112,

ostratigraphing in thicknhectometric to represenZone) - a 30boundary insseminated at have affe

they are insolutions. Thng this corrnumerous cc Gold Prop

operty is wlineating thcent drilling f historic dl block mod

ject – 2017 T

ne, hosts a ct.

in Table 1d-squared aertical) blockoduction coe rate of $C

dillac Gold P016

s Au G

(gp

sources 382960342

342749572

321

ic corridor ness and inc to kiloment the easte00 km long,n the regiogold-ore sy

ected the ronterpreted tohe East Cadidor, which catalogued erty merits

arranted. Te resource campaigns

drilling datadelling for ta

Technical Rep

NI 43-101

.1, is basedlgorithm intk dimensionst) was useCAD 1.31/$

Property, h

rade pt)

In-S

4.18 3.07 4.17

4.17 4.1

3.59

4.09

characteritensity, thaetric “lozenern extensio first-order

on, and is ystems. Theocks underlyo have actedillac Gold Phosts a NIgold-minerafurther exp

The work pat Nordea

s (2006-201 using mod

argeting exp

port 6

Mineral

d on 121 to a 3-D ns of 5.0 ed in the US 1.00

having

Situ Au (oz)

30,019193

30,212

30,212144,635

1,680

146,315

ized by at divide nges” of on of the tectonic host to

e shear-ying the d as the Property 43-101 alization ploration

rograms u West, 11), the dern 3D ploration

Page 7: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

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The tectonoand has beethe sequencproperty thGrass corrid

The authorsuccessfullyhost historic

A resource-for the NordThe study smineralizati

It is recommPhase 1 surfa airbo data

relev LiDA surfa diam

Contingent Phase 2 diam

A prelimina

Table 1.

Surface samAirborne AEData compiLiDAR surveySurface striDrilling to eContingency

Drilling of taContingency

ostratigraphen intersectce below 25e sequencedor, but not

rs recommy applied atc resources,

database ofdeau West bshould provion along ind

mended tha

ace mappingorne EM sur integrationvant historicAR survey foace stripping

mond-drilling

on positive

mond-drilling

ry budget fo

2: Prelimin

mpling - rocEM survey lation and iny pping, map

expand existy 15%

argets geney 15%

ic sequenceted by nume50 depth. Te is similarly

rigorously.

end that tt Nordeau W, and/or kno

f the historiblock, is recide for an adicated tren

t future exp

g accompanrvey; n including cal data, andor 3D modelg, mapping g down-dip o

Phase I res

g on a range

or the recom

nary Budge

Phase 1

k, soil, core

ntegration,

ping and sating mineral

Phase 2

erated by Ph

e that hostserous histor

To the west,y recognized

the same West be apown concen

c geologicalcommended aggressive dnds identifie

ploration by

nied by rock

verifying d generatinging surface and sampliof known m

sults, the Ph

e of targets

mmended w

et for Reco

1

and spectr

generation

mpling on pized zones

Sub

2

hase 1 work

Sub

East Cadil

s the Norderic and recen, beyond thd and has b

explorationplied to thetrated gold

l and drillingfor the rem

drilling progd from this

Chalice sho

, soil, core a

and merging a 3D modcontrol; ng on priori

mineralized o

hase II explo

generated

ork is summ

ommended

al sampling

of 3D mode

priority targ

btotal Phas

btotal PhasOverall T

llac Gold Proj

au West rent drill-holee limits of Cbeen tested

n strategiese other occmineralizat

g data, simimainder of thramme to tand previou

ould include

and spectra

ng existing del of the co

ty targets;occurrences

oration prog

by Phase 1

marized in T

d Work on EDril

(met

el

ets

1,6

se 1

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se 2

otal

ject – 2017 T

sources cones, but few hCartier Reso along the

s and techurrences ontion.

ilar to that whe East Cadtest deeper us studies.

the followin

al analyses;

drill hole onsolidated p

.

gram should

studies and

Table 1.2.

East Cadillaling tres)

Cosme

600 $2

ling tres)

Cosme

000 $2

Technical Rep

ntinues to tholes have tources’ ChimSimon Wes

hniques than the Prope

which was cdillac Gold Pparts of the

ng work:

databases,property;

d comprise:

d exploration

ac Gold Prost / etre Bu

$

$250 $4

$$1,0

st / etre Bu

250 $1,$

$1,1 $2,1

port 7

he east, targeted mo Mine st - Blue

at were erty that

compiled Property. e known

adding

n work;

oject

udget

200,000$85,000$50,000$50,000100,000400,000132,750

017,750

udget

000,000150,000

150,000167,750

Page 8: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

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2.0 INTRO

This TechniLangton anPatrick LengCadillac GoMunicipality2.1).

The purposThe Authorstandards opolicy. Chalthe AustralCanadian co

In October author a NaThis mandaGold Projec

The purposTechnical REstimate (Mexploration.

It is underspublic disclSEDAR* (wand Retriev

2.1 Source

The bulk of line SIGEOof the Minismade use Geological Sprincipal mReferences

This ReportLangton and

2.2 Site Vi

John LangtoNovember 1located histto pick-up tallow accessThe area of that were se

ODUCTION

cal Report ond Aberrazagvel, Explorold Project y of Val-d’O

e of this rers’ review aof the Canaice is a pubian Stock Eorporate off

of 2016, thational Instrate was expt holdings (

se of this dReport on thMRE) on the.

stood that tosure of th

www.sedar.cval: the princ

es of Inform

the historicOM databasestère des Reof publicly

Survey of Cmaterial revi

section of t

t draws hed Horvath (

sit

on, conducte13th of 2016toric drill-cotrucks, thans to their huthe Propert

een corresp

AND TERM

on the East k Ladidi (th

ration Managis located

Or, in the ge

eport is to sand preparaadian Securblic companyExchange (ices located

he Companyrument 43-1panded in NFigure 2.2

document ishe East Cade Nordeau W

his Technicae mineral rom), as reqcipal filing s

mation

cal geologice (http://sessources ny available Canada, scieewed and his docume

eavily from 2009; GM64

ed site visits6. During thellars and chks in part tounting sites.ty is mainly

ponded to th

MS OF REFE

Cadillac Gohe “Authorsger (Canadain western eological se

support the ation of thrities Adminy headquartASX) and “

d at: 1 Yonge

y retained 101 (NI 43-November 2). The effec

s to provideillac Gold PWest gold d

al Report (tresource unquired by Nsystem of th

al informatiigeom.mine

naturelles etAssessmen

entific papeused in thnt.

previous r4504) and B

s to the Easese forays, ecked for beo the local h. Most of thecovered by

he mapped g

East Cadil

ERENCE

old Project (s”) of MRB a) of ChaliceQuebec, C

etting known

public disclis report wnistrators’ Ntered in Aus“CXN” on te Street, Su

MRB, a Val101) Techni2016 to incltive date of

e Chalice’s roject that

deposit, and

the “Report”nderlying thI 43-101. *

he Canadian

ion sourced es.gouv.qc.ct de la Faunnt Reports,rs from vare preparati

reports by Bourgoin an

st Cadillac GMr. Langtonedrock expohunters whoe secondary

y glacio-fluvgeological u

llac Gold Proj

(the “Prope& Associat

e Gold MineCanada, somn as the Ab

losure of gowere carriedNational Insstralia tradinthe Torontouite 1801, To

-d’Or-basedical Report olude all of f this Report

Board of Dwill include

d to provide

”) will be ushe East Cad*System forn Securities

for this Reca/signet/clane du Queb on-line rerious earth ion of this

Kramo andd Castongu

Gold Project n checked thosures. The o have cleary trails are aial depositsnits.

ject – 2017 T

rty”) was cotes (“MRB”)es Limited (“me 50 kilombitibi Green

old resourced out in costrument 43ng under th

o Stock ExcToronto, Ont

d geologicalon the Nordthe consolidt is Decemb

Directors wie an updatee recommen

sed to suppdillac Gold Pr Electronic Commission

port was diasses/I1102ec (MRNFQesources, pscience Joudocument

d Langton ay (2007; G

on Octoberhe access tomain acces

red the trailsalso readily ; however,

Technical Rep

o-authored ) at the req“Chalice”). Tmetres eaststone Belt

es on the Pompliance w3-101 (NI

he symbol “Cchange (TSXario.

l consultingdeau Projectdated East

ber 31, 2016

ith an indeed Mineral Rndations for

port the subProject by fDocument A

n.

stilled from 2_indexAccu). The Authpublications urnals. A lisis included

(2010; GMGM64272).

r 17th and o the Properss trails are s of fallen traccessible bthe few out

port 8

by John quest of The East t of the (Figure

Property. with the 43-101) CHN” on X), with

firm to t claims. Cadillac

6.

pendent Resource r further

bsequent filing on Analysis

the on-ueil?l=a) hors also

of the st of the d in the

M65127),

rty, all open

rees to by ATV. tcrops

Page 9: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

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The drill site(2006-2011located, all recorded UTGPS. The reno recent dstored at Gl

There has bThis report

2.3 Units o

Currency am

Grid coordin

Quantities aincluding mdistance, heWhere applunits) for co

es and drill 1) are easilyof which haTM coordinaecorded dip rill-holes onlobex’s facil

been no signis considere

of Referenc

mounts ($)

nates on ma

are stated inetric tons (tectares (ha)icable, impeonsistency.

roads from y recognizabad intact meates of all thand bearing

n the Properities in Rouy

nificant newed current a

ce

are reported

aps and figu

n metric unitonnes, t) a) for area, aerial units ha

the recent dble as such. etal identificahe located hog direction orty. Core froyn-Noranda

data generas of Decem

d in Canadia

ures are bas

ts, as per stnd kilogramnd grams (gave been co

East Cadil

drilling progNumerous ation flags, oles were coof the collar om the previ (QC).

rated on theber 31st, 20

an Dollars (

ed on the U

tandard Canms (kg) for mg) or gramsonverted to

llac Gold Proj

grammes bydrill collars and were corroboratedr was also coious drilling

e Project sin016.

$ or CAD$)

UTM NAD 83

nadian and mass, kiloms per metric the Interna

ject – 2017 T

y Plato Gold from these orrectly ide

d in the fieldorroborated programs b

ce Mr. Lang

or “America

3 Zone 18 pr

internationaetres (km) ton (gpt) fo

ational Syste

Technical Rep

Corporationcampaigns ntified. The

d by a hand- on-site. Thby Plato Gol

gton’s site v

an” dollars (

rojection.

al practice, or metres (or gold gradem of Units

port 9

n were

-held here are ld is

visits.

(US$).

m) for des. (SI

Page 10: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

Figgure 2.1: Siimplified geological m

East Cadil

map of Abi

llac Gold Proj

itibi Greens

ject – 2017 T

stone Belt

Technical Rep

in Quebec

port 10

c

Page 11: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

Figure 2.2: Regional basse map showiing location o

East Ca

of the East Cad

adillac Gold Proje

dillac Gold Pro

ect – 2017 Techn

operty

nical Report 11

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3.0 RELIAN

Chalice promethods, apertaining t

The results been summreports), uimplementaAuthors’ opgeological paccording to

This report,reports andThe informamisleading.

MRB & Assothat may eMRB unders

The statemgenerally acat the timemisleading guarantee oany, suffere

This Reportthe serviceunderstood made basedsole respon

The Authorsconclusions and the pur

NCE ON OT

ovided profand provideto the Projec

of known marized in sed to com

ation of Natpinion that personnel” uo standards

, which has other infor

ation receiveThe opinion

ociates has exist concerstands that

ents and occepted scie

e of writing,at the date

of conclusioned by any ot

t was prepaes performe

that any ud upon it, esibility of th

s believe thaand recom

rpose for wh

THER EXPE

fessional did informatict in its poss

past activitthis report

mpile informtional Instruthese repounder the dacceptable

s been preprmation maded appears ns stated he

not verifiedrning the licChalice is re

pinions expentific judge, and with te of this Ren is intendether party a

red in full aed may notuse that anexcept for the other par

at the informmendationshich the Rep

RTS

scussion anon regardinsession

ties in the i. Some of mation on tument 43-1rts appear definition ofto the expl

ared in accde availableto be comperein are giv

d the legal tcenses or oesponsible t

pressed in tement, printhe belief theport. Becaed or can beas a result o

accordance t be approother partyhe purpose

rty.

mation useds, is valid anport has bee

East Ca

nd opinionsng the prop

immediate vthis histor

the Project101 and theto have be

f NI 43-101oration com

ordance to to MRB & Alete and, toven in good

titles to the other agreemto have cond

this documenciples and hat such stuse of the

e given. MRBf decisions

with NI 43-priate to s

y makes of s legislated

d to preparend appropriaen prepared

dillac Gold Pr

s regardingperty agree

vicinity of trical work (t area, were 2005 Regeen comple1, and that mmunity at t

Regulation Associates bo the best kn

faith.

Property orment(s) betducted the p

ent are givepractices, b

tatements ainherent u

B accepts nomade or act

-101 standasatisfy the this report under prov

e this Reportate consider.

roject – 2017

g effective ments and

the Cadillac(i.e., geologre preparedgulations ofeted by “quthe informa

the time.

NI 43-101by the mananowledge of

r any undertween thirdproper lega

en in good based on inand opinionsuncertainty o responsibtions based

ards; howevneeds of o

t, or any revincial secu

t, and to forring the stat

7 Technical R

future expall geologic

c East Projegical and td before thf 43-101. Iualified profation was p

, is based oagement of f the author

rlying agreed parties; hl due diligen

faith implenformation ps are not fain this procility for damon this rep

ver, as the sother partieeliance or durities laws,

rmulate its tus of the Pr

eport 12

ploration cal data

ect have technical he 2001 It is the fessional prepared

on data, Chalice.

rs, is not

ement(s) however, nce.

menting provided alse and cess, no

mages, if ort.

scope of es, it is decisions

are the

roject

Page 13: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

4

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4.0 PROPE

4.1 LocatioThe East Caby various Bateman, Pof which amineralizaticomprises Township, aVal-d’Or, Qu

The approx333300 Easequivalent t

The properobtained froline claim m

4.2 MineraAll claims cDecember 2Appendix Idevelopmenavailable at

The rental amount to claims comp

There are aexploration claims; howof the accumMining Act (*The holderapply all orprescribed rits renewal, kilometre rain respect of

ERTY DESC

on adillac Gold

explorationPershing, Vilare closely on style a150 claimsat the easteuebec, on N

ximate centst, 5320200to 48º 00’ 4

rty boundarom the MRN

management

al Claim Tecomprising 20, 2016, anI. Details ont, mining w www2.pub

fees requir$7,259.22; prising the e

a total of $3companies

wever, thesemulated wo(http://legisr of adjoininr part of therequirementsprovided th

adius circle mf which work

RIPTION A

Property, cn companiellebon, Novarelated wit

and exploras covering ern end of tNTS Map She

tre of the 0 North, in 48” Latitude,

ries have nNFQ websitt system (ht

nure and Dthe Proper

nd the rentan claims reworks, and licationsduq

ed for the whereas th

entire prope

,649,011.04on the for

e credits cark credits issquebec.goung claims mae amounts sps to a claim e land that imeasured frok was perfor

AND LOCAT

comprises aes, referreda and Lac Sth respect ation targe5,372.4 hehe Val-d’Oreet 32C/03

Project hasZone 18 of, 77º 14’ 07

not been lee www.mrnttps://gestim

Dispositionrty are curral fees, requnewals, worsite rehabil

quebec.gouv

renewal of he total asseerty upon th

4 in accumumerly sepannot neces

s subject to uv.qc.ca/en/ay, not later pent to perfthe renewalis the subjecom the geom

rmed in exces

East Cadil

TION

a number ofd to hereinSimon claim

to their pts. The co

ectares mair gold minin(see Figure

s Universal f the 1983 7” Longitude

egally survenfp.gouv.qc.m.mines.go

n rently in gouired minimrk credits, citation are

v.qc.ca.

all of the essment woheir annivers

ulated work rate propersarily be disthe conditio

/ShowDoc/cthan the da

form, in respl of which is ct of the applmetrical centss of the pre

llac Gold Proj

f formerly dn as the N

m blocks (Figphysical locaonsolidated nly in the

ng camp, soe 2.2).

TransverseNorth Ame

e.

eyed. The .ca/mines/inouv.qc.ca/).

ood standinmum work aclaim accesssummarized

claims upoork credits rsary dates a

k credits fromrties that costributed acons outlinedcs/M-13.1).ate of the exppect of a clapplied for,

lication for rtre of the paescribed requ

ject – 2017 T

distinct claimNordeau Wegure 4.1 aation, undeEast Cadisoutheast

ome 50 km

e Mercator erican Datum

claim bounndex.jsp, an

ng. The rennd excess cs rights, allod in the Mi

n their nexrequired for amounts to

m work comomprise thecross the Prd in Section

piry of the claim, any wo, up to the arenewal is in

arcel of landuirements.

Technical Rep

m groupingsest, Nordeand Figure 4erlying rockllac Gold Ppart of Va

east of the

(UTM) coom (NAD83)

ndary outlinnd the GES

newal datescredits are sowable expning Act of

xt anniversathe renewa$146,607.6

mpleted by pe East Cadilroperty. Dis 76* of the

claim to be rork in excesmount necesncluded with

d subject to th

port 13

s owned au East, 4.2), all k types, Property auquelin town of

ordinates geoide;

ne were TIM on-

s, as of shown in loration, Quebec

ary date al of the 60.

previous lac Gold sposition Quebec

renewed, ss of the ssary for hin a 4.5 he claim

Page 14: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

Figure 4.1: Base-map of East Cadillaac Gold Propeerty showing c

East Ca

claim groups

adillac Gold Proje

staked and op

ect – 2017 Techn

ptioned by Ch

nical Report 14

halice

Page 15: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

Figure 4.2: EEast Cadillac GGold Property

East Cadillac Go

y showing formc

old Project – 201

merly distinctcompanies

7 Technical Repo

t claim groupi

ort 15

ings owned byy various exp

ploration

Page 16: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

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4.3 Royalt

On October Mining Enteconsisting ointerest. Chpayments tCAD$120,0over a four Globex (theright to witany time.

On Novembacquire a 7(“Richmont”claims, covetotal optionCAD$3.1 m

Upon meetiSmelter Royto withdraw

Upon compis subject tocertain claiCAD$1.0M,

To further chectares, inNovember o

4.4 Enviro

No environEnvironmenthe goal of ensure the however, nthere are ntime.

4.5 Permit

Permits aredrilling), awatercoursefor these department

ies and Re

12th, 2016,erprises Inc.of 37 claimshalice may atotalling CA00 in the firyear period

ere are no ethdraw from

ber 23rd, 200% interest”). The Chier 2,593.4 n paymentsillion over a

ing these reyalty (NSR)

w from the a

leting all obo usual joinms with prupon either

consolidate in the immedof 2016.

nmental Li

mental perntal permit(sreturning tlong term

o environmo environm

ts

e required and potente alteration,activities s

ts in a timely

elated Infor

, Chalice an (“Globex”)

s owned 10acquire its iAD$590,000rst year) and. Upon exeexisting royam the agree

16, Chalice t in 73 claimimo Projecthectares. C

s of CAD$2a period of fo

equirements to Richmongreement a

bligations unnt venture dre-existing r party dilut

its land posdiate vicinity

iabilities

rmits are cs) may be rhe land to a

m ecological ental liabilit

mental requi

for some oially for t, water-crosshould be y fashion, a

rmation

nounced th to acquire 0% by Globinterest in t

0 over fournd undertakiercising its oalties in relament, foreg

further annms comprisit claims, wChalice can e200,000 to our years.

s and exercnt on claimsat any time,

nder the terdilution termroyalties),

ting its Proje

ition Chalicey of the Nord

currently asrequired at aa use whos

and envirties were inrements to

of the recomtheir assocssing, clear-submitted

allowing for

East Cadil

at it had siginterest in Gbex and 17 the Nordeau

years to ing exploratoption Chalication to thegoing any in

nounced thang the Chimhich are coearn a 70%Richmont a

cising the os with no prwaiving its

rm sheet anms includingwith a righect interest

e staked 23 deau and C

ssigned to a later datee value is a

ronmental snherited wit

maintain a

mmended eciated env-cutting) as by Chalicea four to six

llac Gold Proj

gned a bindGlobex’s 1,4claims in w

u Project claGlobex (inction expendce will gran

e Nordeau Pnterest in t

at it had enmo Gold Proontiguous w

% interest inand funding

ption, Chalre-existing interest in

nd forming ag reverting tht to buy bto less than

additional chimo projec

the Propere to fulfil envat least equstability of h any of thny of the c

exploration ironment-alwell. The a

e Gold to x week proc

ject – 2017 T

ing letter of453.6 hectawhich Globeaims by macluding an

ditures of CAnt a 3% GroProject claimthe Nordeau

ntered into oject from Rwith Globexn the Chimog exploratio

ice shall theroyalties. Cthe Chimo P

a joint ventto a 1.5% Nback 0.5% n 10%.

claims, totact claims, in

rty for expvironmentaal to its prethe land a

he claims onclaims in go

programmelteration uappropriate the appro

cessing perio

Technical Rep

f intent withre Nordeau x maintainsaking annuainitial paym

AD$2.5 millioss Metal Roms). Chalice u Project cla

a binding oRichmont Mix’s Nordeauo Project by on expendit

en grant a halice has tProject claim

ure, the agrNSR (0.5% of the roy

lling 1,325. September

ploitation pul requiremeevious valueand its watn the Propeood standing

es (e.g., dndertakingsPermit Apppriate goveod.

port 16

h Globex Project,

s a 60% al option ment of ion, also oyalty to has the

aims, at

option to nes Inc. Project making

tures of

1% Net the right ms.

reement NSR on

yalty for

4 r and

urposes. ents with e and to tershed; rty, and g at this

iamond-s (e.g., lications ernment

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4.6 Other

To the Authaccess, title

4.7 Proper

The East CArchean Abgold mininglitho-tectoninterpreted Domain is mand volcani

Gold minerwithin sedimaltered mafdisseminatewithin quarwith gold m

The East Casince the mChimo gold until its clos

Numerous ebearing zonwere calcula

Nordeau EaNordeau WeNordeau WeSimon West6.90 gpt Au

*These estthey pre-dto the onedeterminewere, in sopotential o

Relevant F

hors’ knowlee, or the righ

rty Summa

adillac Goldbitibi Greensg camp. Theic Domain (as the east

made up of c assemblag

alization onmentary rocfic volcanic ed to locallyrtz veins or

mineralizatio

adillac Gold mid-1940’s w

mine, whicsure in late

exploration nes at a numated by prev

st (Tremblaest (Tremblaest (Explomt: uncategou for lens B.

timates aredate the aps set out ind that the ome instanof the Prop

Factors

edge there ht or ability

ary

d Property istone Belt oe East Cadill(Rocheleau eern extensioa series of

ges in shear

n the propecks in close rocks. The

y semi-masassociated

n include ar

Property awhen gold ch operated1996.

programs omber of occvious opera

ay 1988-89)ay 1988-89

mine-1990) rized “Reser

e strictly hplication on sections statistical

nces, incorrperty to hos

are no signto perform

is strategicaof the Superac Gold Proet al., 1997on of the Caf lenticular sred contact.

erties is fouassociation gold mine

ssive sulphid with sulphrsenopyrite,

nd surroundbearing len for nearly

n the Propeurrences, fotors:

“Probable) 162,200 to) 126,800 t100,700 to

rves” of 67,

historical inof Regulatio1.2 and 1.methods urectly applst a econom

East Cadil

nificant factowork on the

ally located rior Provinceperties are ), and are tadillac Tectosedimentary

und as eithen with magnralization isdes. Gold is

hide minera pyrite, pyrr

ding area hases were fo15 years an

erty over theor which the

e Reserves”onnes @ 6.7tonnes @ 6.onnes @ 5.3000 t gradin

n nature anon 43-101 3 of the Reused to detlied. They amically via

llac Gold Proj

ors, risks, oe Property t

in the soue, at the eaunderlain b

transected bonic Zone. Ty units, incl

er one of tnetite iron fs associateds usually folization Therhotite and

ave been thound near tnd produced

e years have following

7 gpt Au 1832 gpt Au 243 gpt Au 180ng 6.30 gpt

nd they shoand make

egulation. termine thare, howev

able gold re

ject – 2017 T

or legal issuthroughout

uth-eastern astern extreby rocks beloby a large dThe volcanouding band

wo styles oformations; d with quaround in thee sulphide mminor chalc

he focus of the area thd in excess

ve led to thehistorical “r

“Possible3,700 tonne42,600 tonn0,000 tonnet for lens A a

ould not bee use of catFurthermo

he average ver, indicatesource.

Technical Rep

ues that mathe year.

part of theeme of the Vonging to theformation -sedimentaed iron form

of occurrenc(2) in shea

rtz veins coe form of frminerals ascopyrite.

explorationat later hosof 349,000

e delineationreserve” est

e Reserves”es @ 6.0 gpnes @ 6.3 gpes @ 5.5 gpand 34,000

e relied ontegories diore, it has b

assay gradtive of the

port 17

ay affect

e prolific Val-d’Or he Trivio corridor ry Trivio mations,

ces: (1) ared and ontaining ree gold sociated

activity sted the 0 ounces

n of gold timates*

t Au; pt Au; pt Au;

t at

n since fferent been des

Page 18: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

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5.0 ACCES

The PropertLaurier, QC(“Chemin Carea. At kilProperty foentrance toSecondary parts of the

Val-d’Or, 50contractors,relatively inthe past proand for use

Val-d’Or Aischeduled phelicopter oaccording tAirport in M

The physiogareas of muthick glaciapine, poplar

The area haand the iceaveraging Summers amoderate, Exploration accessed du

There is sufmining oper

SIBILITY,

ty is accessC. ApproximChimo”) leadometre 3.5

or 1 km. Cho the closeseasonal ro

e Property (s

0 km west , equipmentnexpensive aoducing Chiin ore-proc

rport (IATApassenger soperators, to the Natio

Montreal (QC

graphy of thuskeg and bl sand and gr and birch t

as a typical leaves the –15°C in Jare warm ranging frooperations

uring the wi

fficient spacrations, taili

LOCAL RES

ible from pamately 6 kmds east to t (from Hwyhemin Chimed Chimo Moads and trsee Figure

of the Prot and suppliand is mainmo Mine is

cessing, if re

A: YVO, ICAservice, andlocated on onal Airport

C), and to su

he Property bog. The aregravel depotrees, and v

continentallakes abou

January andand relativom 200 to s can be cnter months

ce, and accengs storage

SOURCES,

aved Highwm south of tthe former y 117), Chemo re-enterMine, and ails off the 4.1).

perty, is a es to mining

ntained by Hstill in plac

equired.

AO: CYVO), d services b

site. The ts Policy. Lurrounding c

area is fairea has very sits. Vegetavarious shru

l boreal climut early-midd February

vely dry wi500 millim

arried out s when the

ess to surface, waste dis

East Cadil

INFRASTR

way 117, thethe village Chimo Mine

emin Chimors the Propremains wiarterial Ch

compreheng and exploHydro-Quebe. There is

serves as both privateairport is c

Local air secommunitie

rly flat-lyingfew exposu

ation is boreubs, mosses

mate. Snow d May. Wint. The grouth a mean

metres annyear roundground is fr

ce rights, foposal, and p

llac Gold Proj

RUCTURE A

e main routof Louvicoue and the L

o passes threrty at kiloithin the P

hemin Chim

nsive miningoration operaec. A high-vample local

a point ofe and commclassified inervices connes. Vehicle r

g with gentlures of bedreal, consistin and lichen.

stays on thters can be und is frostn temperatually, with d, though trozen.

r exploratioprocessing p

ject – 2017 T

AND PHYSI

te between urt, an all sLac Michimarough the wometre 9.0,Property un

mo allow dire

g centre suations in thevoltage powl supply of w

f call for amercial fixedn the Regionect to Truentals are a

y rolling topock, being ung mostly o.

he ground fbitterly coldt free fromure of 22°half of it

the wetland

n work and plants.

Technical Rep

OGRAPHY

Val-d’Or anseason gravanitou sportwestern par, just northtil kilometrect access

upplying pee area. Elecwer line thatwater, both

air carriers d-wing airconal/Local cudeau Interavailable on-

pography anunderlain mf black spru

rom mid-Nod with temp

m May to O°C. Precipit

arriving asd areas are

for any eve

port 18

nd Mont-vel road t fishing rt of the h of the re 22.5. to most

ersonnel, ctricity is t served potable

offering raft and category rnational -site.

nd large mainly by uce, jack

ovember perature October. tation is s snow. e better

entual

Page 19: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

t

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6.0 HISTO

NOTE: The the Provincand http://of the Prov(GM’s). A li(Section 21

The East Cactivities siproperty. Nby companfollowing sgeographica(Figure 6.1

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6.1 The NoPershi

6.1.1 Nord

6.1.1.1 His

1946-47: O(8) holes wMining and

1948-49: O

1957-58: Nthe discove

1962: VauqNordeau clapotential fo

1963-65: V(GM16371)

1974: A sumEast blocks

1979-83: Sout magneGM35513; surveys (GMblocks (GMtime, the infirst “reserv(Gagnon an

RY

GESTIM ance’s mineralsigeom.mrn

vince of Questing of GM1.0).

Cadillac Golince the m

Numerous neies investigummary ofal distributio1). All coord

be noted tnd not true

ordeau Prong-Denain

deau East

storic work

Oneonta Perswere subseqDevelopme

Oneonta Pers

ordeau Minry of gold b

quelin Iron aims (contigr iron ore in

Vauquelin Irand drilled

mmary repoby Vauquel

OQUEM (Soetic (Mag)

GM36435; M37729), fo36462; GMnformation ve” estimatnd Gagnon,

d SIGEOM s resources

nf.gouv.qc.cebec’s data’s pertinent

ld Propertymid-1940’s wew gold-beagating the pf historical on into the Ndinates are U

that unlesswidths.

oject Claim blocks)

and Norde

k

shing Minesquently drillnt Co., and

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ing Co. Ltd.earing lense

Mines Ltd. guous at th

n the sedime

ron Mines L5 holes (70

ort with drillin Iron Mine

ociété Québéand electrGM37356;

ollowed by 37746; GMgathered ontion was pr1982).

systems areand are ac

ca/. The GESabase of Prot to the East

y and surrowhen gold aring structpotential fowork com

Nordeau ProUTM, NAD83

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s Ltd. compled on Nordencountere

d 27 holes, t

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Ltd. did som00 m) (GM1

l-hole sectioes Ltd. (GM

écoise d’expromagnetic ; GM39354diamond-dr39230). A tn the gold roduced on

East Cadil

e the principccessible onSTIM and Sovincial Asst Cadillac G

ounding arebearing leures were dr iron ore pleted on oject claim b3 Zone 18.

e stated, a

ordeau Eas

laim blocks

eted geologdeau West, ed the first g

totalling 3,4

a 24-hole pand 3 on the

Fer Vauquend drilled 1formations

me sporadic 6372; GM17

ons was com30500; GM3

ploration mi(EM) geop

4; GM3990rilling on thtotal of 41 zones delinthe Norde

llac Gold Proj

pal repositonline at httSIGEOM websessment Reold Property

ea has beenses were discovered in the sedithe Projectblocks and t

all drill-inte

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s

gical and geunder optio

gold indicati

400 m, on N

programmee Nordeau E

elin Ltée.) w14 holes (1(GM12839)

work inclu7080).

mpiled for th30501).

nière) optiophysical su7; GM4027

he Nordeau holes (6,64

neated on theau West a

ject – 2017 T

ry for histotps://gestimb-sites alloweports or “y is include

en the subjfound on

during the mentary irot is dividedthe Chimo P

ervals repr

u West, Ba

ophysical (Mon at that ions in the i

Nordeau Wes

e, totalling 4East claim b

was incorpor,150 m) de.

ding a geo

he Nordeau

oned the prourveys (GM74), along West and N

40 m) was he propertiend Nordeau

Technical Rep

rical informm.mines.gouw on-line seGestimes Md in the Ref

ject of expthe nearby1950’s and on formatiod on the bProject claim

resent dow

ateman and

Mag) surveytime to Insmmediate a

st.

4,530 m, thalock (GM04

rated, acquesigned to

physical EM

West and N

operties and37355; GMwith geoc

Nordeau Eacompleted.es was suchu East occu

port 19

ation on v.qc.ca/ earching Minieres” ferences

ploration y Chimo

1960’s, ons. The basis of m blocks

wn-hole

d

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at led to 860).

ired the test the

M survey

Nordeau

d carried M38857; chemical st claim By this h that a urrences

Page 20: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

Figure 6.1: East Cadillac Gold Property sho

East Cadillac Go

owing distribu

old Project – 201

ution of inform

7 Technical Repo

mal claim bloc

ort 20

cks from previious explorati

ion work.

Page 21: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

gAa

o

c

R

1983: The induced poland updatin

1984: Louv

1987: CambCadillac Faoutlined nuEast Cadilla

1987-90: MRoche Ltd., holes for 5historical “Nordeau Wparameters

polyg Spec mini cut-o high no d no c “pro

longinter

Table

Histori

“Pro

“Pos

TOTAL“

These estgenerally Although tand some the applicaones set othe 1988 econsiders to make Regulation

property oparization (IP

ng the “rese

em complet

bior flew a rult Zone frmerous anoc Gold Prop

Mines VauquConsulting

5,889 m onmineral res

West and Nused at the

gonal area ocific gravity:mum horizooff grade: 2 assays cut ilution factorown pillar ebable reseritudinal secrsections.

6.1: Histor

Zones :

cal Classif

bable Reser

ssible Reserv

L 1988 Hist“Reserves”

timates weaccepted athe methodof the par

ation of Rout in sectiestimates ithe above use of th

n 43-101 (R

ption was tP) geophysirve” estima

ted 21 holes

regional VLFrom east ofomalies inc

perty (GM45

elin Ltd. regGroup (“Ro

n Nordeau Eserves” by Nordeau Eae time were of influence : 2.9 g/cm3;ontal width: 2.74 gpt Au;

to: 52 gpt Aor considereexcluded rves” compution; “possi

rical Reser

ication

rves”

ves”

torical ”

ere preparat the timd used for rameters a

Regulation ions 1.2 anis no longeestimates

hese estimRequireme

transferred cal survey p

ate on the N

s totalling 4

F-EM and mf Val-d’Or tluding stron

5687).

gained the oche”), comEast (GM47Roche (Trest claim bas follows:around dril

; 1.5 m; Au;

ed;

uted within ble reserve

rve EstimatTrem

NO

Tonnes

126,800

242,600

369,400

red in accme, using a

the estimaare no lonNI 43-101

nd 1.3 of ther appropris to be stricmates in aents Applic

East Cadil

to Société prior to drillordeau Wes

,867 m on t

mag survey tto lake Mang magneti

property in pleted 24 ho7403). This emblay, 19locks (Tab

l-hole inters

a 15 m ras” obtained

tes for Norblay, 1988

ORDEAU W

s Au Gra

0 6

0 6

0 6

cordance all availablation woulger valid t1 and makhe Regulatiate and shctly historiaccordancecable to All

llac Gold Proj

minière Louing 12 holesst gold zone

the Nordeau

that coveredchi-Manitouc trends al

1987 and, oles for 4,7drill camp

988a and 1ble 6.1). E

sections on

dius from q from the 1

rdeau West8).

WEST

ade (gpt)

6.16

6.35

6.28

with stanle drilling ld still be atoday. Theke use of tion. The uhould not bical in natue with thel Disclosure

ject – 2017 T

uvem Inc., s totalling 2es.

u East claim

d the area iu (approximong the len

following re21 m on Noaign led to

1989)(GM48Estimation

a vertical lo

qualifying in15-30 m rad

t & Nordea

NOR

Tonnes

162,200

183,700

345,900

ndards, terand samp

appropriatee above escategories

use of the tbe relied oure and cae provisioe).

Technical Rep

who compl2,608 m (GM

m block.

n the vicinitmately 40 kngth of the

ecommendaordeau Westo the estim8424) on bmethod an

ongitudinal

ntersectionsdius from qu

au East (fro

RDEAU EAS

Au Grad

6.7

6.0

6.3

rms and ppling informe, the termstimates ps differentterm “rese

on. MRB thutions the

ons of Par

port 21

leted an M41828)

ty of the km) and

current

tions by t and 30 ation of

both the nd basic

section;

s on the ualifying

om

ST

de (gpt)

70

01

33

policies mation.

ms used re-date

t to the erve” in erefore

e reader rt 2 of

Page 22: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

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t

In their 198objective ofwas to drive

1988: (GM4metres in auriferous zThe iron forzone of thethe Nordeau

Figure

1988: (GMimmediate quartz veinarsenopyrite

1988: Minestructure be

88 report onf upgradinge a decline t

48430) In Jthe area bzones withirmations ocmafic rock

u West depo

e 6.2: Best

48507) In vicinity of s and veinle. Best resu

s Vauquelinelow the “re

n Nordeau E the “reservto access th

January andbetween then sequencecur immedias is charactosit sequenc

t results (h

February, the Nordeaets (up to

ults are show

Ltd. drilledeserve” bloc

East, Rocheves” and de

he zones and

d February,e Nordeau

es of mafic ately northterized by sce. Best res

highlighted

Monicor Eau East occ5% arsenopwn in Figur

d 4 holes forks. No signi

East Cadil

recommenefining the d extract a b

, Monicor EWest and volcanics, eof the mafichearing andults are sho

d) from 198

xploration currence. Tpyrite and pre 6.3.

r 1,279 m oificant result

llac Gold Proj

ded an undcharacteristbulk sample

Exploration Nordeau E

epiclastic sec volcanics,d folded defown in Figur

88 drilling

drilled 4 hThis drilling pyrrhotite)

on Nordeau ts were rep

ject – 2017 T

derground ptics of the e for testing

drilled 6 hoEast occurrediments, a whereas th

formation zore 6.2.

by Monicor

holes totalliintersected

and some v

West in an orted (Cham

Technical Rep

rogramme wbody. The p

g.

oles totallinrences, inteand iron forhe southernones compa

r (GM4843

ing 724 md mineralizveinlets of

attempt to mpagne, 19

port 22

with the proposal

g 1,194 ersecting rmation. contact

arable to

30)

in the ed grey massive

test the 85).

Page 23: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

AJ

w

Figure

1990: Mineany existingstructure. Hover 6.6 m,

After reviewJean (1990;erroneous groups of awithin a shlongitudinallongitudinaldetermine t

Subsequentzones that echelon”, gqualifying in

spec mini cut-o high no d 30 m

“Probable rlaterally anreserves” w35 m) from

e 6.3: Best

s Vauqueling intersectioHole W-90-0, at ±490 m

wing the No; GM49867)assumptionassays. Theheared and section p section.

the average

tly, Explomwas model

gold-bearingntersectionscific gravity:mum horizooff grade: 2 assays cut ilution take

m crown pilla

reserves” wd 20 m ve

were obtainequalifying i

t results (h

n Ltd. resumon. Of the 706 returned

m and ±675

ordeau Wes) came to ths, particulae “ore-gradd altered mproduced inFurthermoreassay grad

ine proposeled on the

g lenses. Ts respected 2.9 tonnes

ontal width: 2.7 gpt Au;

to: 34.3 gpn into accouar excluded

were compurtically fromed from the intersection

highlighted

med drilling holes drille 5.4 gpt Aum deep res

st databasehe conclusioarly in connde intersectmineralized 1988 shoe, it was es were, in

ed a new gconcept of

The entire the followin

s/m3; 2.0 m;

pt Au; unt;

uted from am qualifying

next 10 m s.

East Cadil

d) from 198

to test theed (3,471 mu over 17.8pectively.

e for Gestioon that the enecting lateions” were structure,

ould therefodeterminedsome insta

geological “a mineraliz

width of thg paramete

a rectangulg intersectiolaterally (1

llac Gold Proj

88 drilling

e Nordeau Wm), 5 interse8 m and hol

on Minière Eerstwhile “reerally and

determinepossibly grore have bd that the nces, incorr

reserve” eszed shear-zhe mineraliers:

lar area ofons on the 2.5 to 22.5

ject – 2017 T

by Monicor

West structuected the tale W-90-07

Explomine eserve” estivertically sd to be rareater thanbeen consid

statistical rectly applie

stimate for zone hostinized shear

f influence longitudinam) and 15

Technical Rep

r (GM4850

ure at depthrgeted gold carried 3.6

Ltd. (“Explomate was b

selected assndomly dis

n 20 m thidered a co

methods ed.

the Nordeag a numbewas includ

extending l section; “ m verticall

port 23

07)

h, below bearing

6 gpt Au

omine”), based on says, or stributed ck. The

omposite used to

au West r of “en ded and

12.5 m possible y (20 to

Page 24: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

T

mRreRah

A

w

2

The 1990 ExTable

T

These 199make use Regulationreported aestimate isResource cand Minerhistorical i

1990: MineNordeau W(totalling 1holes). Theresults were

1994: MineNordeau Eaidentified. TAuriferous 30.73 m - 3were encouzones mine

1994: Mineeastern clareported fro

6.1.1.2 Re

2006: On MMining EnteOctober 200do a first properties aunder the sprovided in ground in timmediate Nordeau We

xplomine hi6.2: Norde

Histor

“Probable

“Possible

OTAL 1990

90 “reservof catego

n. The useand shoulds required categories,ral Reservin nature a

s Vauquelinest. Their w,942 metre

e targeted e reported t

es Vauquelist block (GMThe zones horizons we32.25 m) auntered in cralized with

es Vauquelinim of the Nom hole N94

cent work

May 24th 20erprises. Pla06 and Marcpass drillingand determiupervision oBourgoin athe area anvicinity. Al

est property

storical “Reeau West H

Zone

ical Classif

e Geological

Geological

0 Historica

ve” figures,ories differ of the terd not be

d to fulfil ths, as set ouves. MRB tand warns

n Ltd. and Lwork involv

es) near themineralizedto be disapp

n Ltd. comM52637). Swere testedere intersecnd 4.85 gptcontact with massive an

n Ltd. compNordeau Eas4-5 (GM526

006, Plato ato completch 2007 (Tag over the ine the bestof M. Peter nd Castongnd begin a though all y was priorit

eserve” EstimHistorical “R

fication

Reserves”

Reserves”

l “Reserve

s, pre-daterent to therm “reservrelied upo

he requiremut in the Ctherefore the reader

Louvem comved surveyine intersectio structure

pointing (GM

mpleted a gix individuad by 6 drillcted that yit over 1.34h iron formand semi-mas

pleted a 6 st group wi38).

Gold Corpoted a 7,363able 6.3). T

recently ot targets forKarelse, P.Euay (2007).concerted four miner

tised for fut

East Cadil

mates are taReserves”

es”

e the applie ones setve” is no lon. A comments of tCIM Definitconsiders

r to make u

mpleted theirng some ofons of W-9was interse

M50373).

ground Magl iron forma-holes (619elded gradem (hole 94

ation and assive sulphi

short-hole th the best

oration (“Pla3 metre surThe objectivptioned Nor future expEng. and MR. Positive reeffort to e

ral propertieure explorat

llac Gold Proj

abulated in ” Estimate (

Tonn

100,

180,

280,

ication of t out in selonger app

mplete re-ethe Regulation Standthe abov

use of thes

r last reportf the previo90-06/-07 (ected by al

g-EM geophations and t9.1 m) in Fes of: 1.48 4-5, 59.79 associated wdes (pyrrho

drilling camt intersectio

ato”) optionrface diamove of this inordeau Eastploration. ThRB. Detailedesults prompexpand the es yielded tory work.

ject – 2017 T

Table 6.2. (Jean, 199

NORDEA

nes

700

000

700

Regulationections 1.2propriate fevaluation ation and todards for Mve estimatse figures a

ted exploraous holes a2 were wedll four hole

hysical survthree distincFebruary of

gpt over 1m - 61.13 mwith quartz otite, pyrite

mpaign totaon of 4.85

ned the proond-drilling itial drilling t, West andhe programd results of pted Plato toknown golencouragin

Technical Rep

90: GM4986

AU WEST

Au Grade

5.3

5.5

5.4

n NI 43-12 and 1.3 for what is

of the reo respect M

Mineral Restes to be appropriate

tion prograand drilling dged from

es; however

vey on partct shear zonf 1994 (GM1.52 m (hom). These iveins and and arseno

alling 619 mgpt Au ove

operty fromcampaign bprogramme

d Bateman me was carthe programo acquire add resourcesg gold valu

port 24

67)

(gpt)

01 and of the

s being esource Mineral sources strictly ely.

mme on 4 holes existing r, assay

t of the nes were M52638).

le 94-2, ntervals silicified pyrite).

m on an er 1.3 m

Globex between e was to mineral

rried out mme are dditional s in the ues, the

Page 25: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

2

f

2

2007: In Dall historic efurther expdatabase foof Ottawa, Odrill program

2008: BetwEngineeringWest Propedemonstratprogrammedown-dip pWest claim

Selected “b 0.77 1.00 5.66 4.28 1.90 5.54

ecember 20exploration ploration. Aormat by MROntario, whmme.

ween Januag, Plato comerty (Table ed good gr

e holes wererojection ofblock into g

est” results 7 gpt Au ove0 gpt Au ove6 gpt Au ove8 gpt Au ove0 gpt Au ove4 gpt Au ove

007, Plato cresults on

All historicaRB and forwo used GEM

ry and Sepmpleted a 14

6.4), succade and coe collared, f the main ground not h

from the 20er 18.95m (er 8.05 m (her 8.50 m (her 8.05 m (her 5.85 m (her 3.00 m (h

commissionethe Nordea

al diamond-warded to A. MCOM® Reso

ptember of 4 hole, 8,55cessfully intntinuity ovewith permizone continheld by Plato

008 drilling hole NW-08hole NW-08-hole NW-08-hole NW-08-hole NW-08-hole NW-08-

East Cadil

ed MRB to cu West Proj-drilling woS. Horvath

ource Model

f 2008, foll5 metre diatersecting ther a strike (ssion, off t

nued outsido, at a dept

programme8-04, 548.45-05, 393.65-06, 553.80-07, 567.00-08, 452.05-10, 589.95

llac Gold Proj

complete a ject, and toork was suh Engineerinlling softwa

owing the amond-drillinhe main zo(east-west)the propertye the northth of approx

e included:5 m – 567.45 m – 401.70m – 562.300 m – 575.05 m – 457.95 m – 592.9

ject – 2017 T

detailed dio provide reubsequently g Inc. (“Hore to design

recommendng programone to a de of 550 m. y. It was inhern boundaximately 100

40 m); 0 m); 0 m); 5 m); 0 m); 5 m).

Technical Rep

gital compiecommendat

incorporatrvath Enginn and recom

dations of me on the N

epth of 700Some of th

nterpreted tary of the N00 m.

port 25

lation of tions for ted into eering”)

mmend a

Horvath Nordeau

0 m and he 2008 that the Nordeau

Page 26: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

Table 6

Tab

6.3: Summa

Hole

PG06PG06PG06PG06PG06-PG06PG06PG06PG06PG06PG06PG06PG06PG06PG06PG06PG06PG06PG06PG06PG06PG06

To

ble 6.4: SumHole INW08-0NW08-0NW08-0NW08-0NW08-0NW08-0NW08-0NW08-0NW08-0NW08-NW08-NW08-NW08-NW08-

Total

ary of 2006

e ID

6-01 6-02 6-03 6-04 -04A 6-05 6-06 6-07 6-08 6-09 6-10 6-11 6-12 6-13 6-14 6-15 6-16 6-17 6-18 6-19 6-20 6-21 otal

mmary of 2ID 01 02 03 04 05 06 07 08 09 10 11 12 13 14 l

6-2007 Nor

2008 Nord

East Cadil

rdeau Proj

deau West D

llac Gold Proj

ject Drilling

Drilling CaLen

ject – 2017 T

g Campaig

Length (m

549 396 249 198 501 500 450 600 434 501 231 200 150 200 200 201 240 240 240 240 240 603

7363

ampaign (Pngth (m)

504 366 654 699 498 648 699 525 549 650 740 576 700 747

8555

Technical Rep

gn (Plato G

m)

Plato Gold)

port 26

Gold)

Page 27: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

2

T

2009: FolloMineral Res2009 Mineralgorithm a($85/tonne an exchang

Table 6.5:

Resource

Measured Indicated

Measured + Inferred

Total Inferre

From OctobNordeau Eaprogram, scontinuationclaims (GM

Ho

NE0NE0

NE0NE0NE0NE0NE0NE0

NE0NE0NE0

To

wing the cosource Estimal Resourceand block dproduction e rate of $C

Mineral Re

e (Category)

Indicated

d

ber 19th to ast (11 holesummarizedn of minera65127). Tw

Table 6.6

ole ID

09-01 09-02

09-03 09-04 09-05 09-06 09-07 09-08

09-09 09-10 09-11 otal

ompletion omate (MRE)e Estimate odimensions cost) was u

CAD 1.162/$

esource Es

Main B Total

Total Main B

Total

December es), and 83 in Table lization zon

wo mineraliz

: Summary

f the 2008 ) was publisof Nordeau Wof 5.0 m x

used in the $US 1.00 wa

stimate - N

Zone

11th, 200934 m in 3 h

6.6, was es previous

zed zones w

y of 2009 D

Length (

354600

402600403600324402

351231432

4,699

East Cadil

diamond-drshed (LangWest (Tablex 2.5 m x calculationsas selected

ordeau We

No M

9, Plato comholes on Ba

designed sly identified

were intersec

Drill-Holes:

(m)

9

llac Gold Proj

rilling progrton and Hoe 6.5) used5.0 m. A

s. An assumfor cut-off g

est (from L

Tonnes

Measured Res223,

1,225,

225,1,097,

14,

1,112,

mpleted 4,6ateman (seeto test th

d on the Nocted at Nord

: Nordeau

A

ject – 2017 T

ramme, an orvath, 200d an inversecut-off gra

med gold prigrade calcul

Langton an

s Au G

(gp

sources 382960342

342749572

321

699 m of de Section 6e along-str

ordeau Westdeau East (T

East Claim

Azimuth

180° 180°

180° 180° 180° 180° 180° 180°

180° 180° 180°

Technical Rep

updated NI09; GM6450e distanced-de of 2.75 ce of US$82lations.

nd Horvath,rade

pt) In-S

4.18 3.07 4.17

4.17 4.1

3.59

4.09

diamond-dri6.1.2). Therike and dt and NordeTable 6.7).

m Block

Di

-7-7

-7-7-7-7-7-7

-7-5-7

port 27

43-101 04). The -squared

gpt Au 25/oz at

, 2009) Situ Au (oz)

30,019193

30,212

30,212144,635

1,680

146,315

illing on e drilling own-dip

eau East

ip

0°0°

0°0°0°0°0°0°

0°0°0°

Page 28: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

Fg 2

2

Table 6.7

Hole ID

NE09-01

TOTAL

NE09-02

TOTAL 1Initial fire Final is thegold noted

2010: The 2on June 2nd

Hole ID

NE10-01

NE10-02

NE10-03

TOTAL

2011: A diaBateman clholes, totalon the Nord

7: Selected

From (m)

294.00 295.50 296.40 297.00 298.00

223.30 224.40 225.40 226.40 227.40 228.90

assay; 2Ch average ofwithin samp

2010 drilling, 2010. It co

Table 6.

Length

309

210

317

L: 836

amond-drillinaim blocks ling 11,966

deau East bl

d Best Resu

To (m)

295.50 296.40 297.00 298.00 299.50

224.40 225.40 226.40 227.40 228.90 230.00

eck fire assf the two fiple interval d

g campaign omprised 3

8: Summa

h (m) Az

9

0

7

6

ng campaigbetween J

6 metres. Seock (Table

ults of 200

Interval (m)

1.500.900.601.001.505.501.101.001.001.001.501.106.70

say; 3Total ire assays oduring drill

by Plato (Gdrill-holes o

ry of 2010

zimuth

180°

180°

180°

n by Plato (anuary 25th

eventeen (16.9). The r

East Cadil

09 Diamond

Au1 (gpt)

1.1057.100.086.301.23

0.7643.1018.650.620.392.01

metallic sieor the metacore logging

GM66369) on Nordeau

0 Drill-Hole

Dip E

-60°

-65°

-60°

(GM66369)h, 2011 and17) holes agremaining h

llac Gold Proj

d-Drill Hole

) Au2 (gp

3.15

0.066.721.37

0.59

0.400.582.18

eve fire assaallic sieve reg

began May East, totalli

es: Nordeau

Easting (UT

334801.

334950.

334950.

) was carried May 15th,ggregating oles were d

ject – 2017 T

e Campaig

pt) MS(gp

74.7

34.414.

ay of coarsesult, when

27th, 2010 ing 836 met

u East Prop

TM-X) N

05

94

16

d out on the, 2011. It c8,758 metrrilled on the

Technical Rep

n-Nordeau

S3

pt) Au

(g

270* 74

061

140

40* 3495 14

0028

se crush rejn available.

and was cotres (Table

perty

Northing (U

5319598

5319550

5319599

e Nordeau Ecomprised res were coe Bateman c

port 28

u East

Final4

gpt)

2.134.700.076.511.304.350.684.404.950.510.492.108.01ject; 4Au *Visible

mpleted 6.8).

UTM-Y)

8.03

0.26

9.67

East and 27 drill-mpleted claims.

Page 29: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

T

2

w

t

NNNNNNNNNNNNNNNNN

The best int 1.57 3.01 1.89 6.15 4.47 6.04 5.39 4.53

2014: On ANordeau Grout a samp2011. The pand to verauriferous zwhere 1,198holes from t27 samples the re-samp

Tab

Hole ID

NE-11-01 NE-11-02 NE-11-03 NE-11-04 NE-11-05 NE-11-06 NE-11-07 NE-11-08 NE-11-09 NE-11-10 NE-11-11 NE-11-12 NE-11-13 NE-11-14 NE-11-15 NE-11-16 NE-11-17 TOTAL:

tervals from7 gpt Au ove1 gpt Au ove9 gpt Au ove5 gpt Au ove7 gpt Au ove4 gpt Au ove9 gpt Au ove3 gpt Au ove

April 26, 20roup of claimpling campapurpose of trify the feazones (GM68 samples (the Nordeau(33.3 m) w

pling progra

ble 6.9: Su

Length (m)

357 513 597 501 648 600 501 456 599 600 585 600 402 501 500 399 399

8,758

m the 2011 cer 4.80 m aner 1.50 m (her 3.00 m (her 1.00 m (her 1.00 m (her 0.60 m (her 1.00 m (her 3.00 m an

013, Globexms that had aign on drilthis samplinasibility of 68593). Mos(1,482.85 mu East blockwere collecteamme are pr

ummary of

Azimuth

180° 180° 221° 180° 180° 181° 195° 180° 180° 180° 180° 177° 180° 180° 180° 180° 180°

campaign onnd 1.36 gpt hole NE-11-hole NE-11-hole NE-11-hole NE-11-hole NE-11-hole NE-11-nd 5.23 gpt

x Mining Enbeen optiol-core from

ng was to tetracing min

st of the sam) from 22 dk were samped from threresented in

East Cadil

2011 Nord

h Dip

-70° -60° -75° -60° -75° -62° -68° -60° -70° -70° -70° -67° -60° -70° -70° -60° -50°

n Nordeau EAu over 3.002); 06); 09); 10); 11); 15); Au over 1.8

nterprises Inned to Plato

m work comest previousneralizationmpling wasdrill-holes wpled for a toee drill-holeTable 6.10

llac Gold Proj

deau East D

Easting (UTM-X)

334724.92334726.70334725.96334797.89334797.89334956.03335051.30335149.30335150.84335298.48335452.03335600.42335750.53335750.46335824.64335899.65336100.68

East were: 05 m (hole

80 m (hole

nc. recovereo Gold Corp

mpleted by Ply un-samp zones acr concentrat

were collecteotal of 45 saes from the 0.

ject – 2017 T

Drill-Holes

) No(U

2 53190 53196 53199 53199 53193 53190 53190 53194 53198 53193 53192 53193 53196 53194 53195 53198 5319

NE-11-01);

NE-11-17).

ed 100% op. In June 20Plato Gold led potentiaross non-sated in the Ned and re-anamples (52.Bateman bl

Technical Rep

orthing TM-Y)

9598.68 9747.06 9748.70 9744.29 9744.29 9748.92 9696.76 9497.53 9644.88 9651.00 9649.41 9648.42 9446.77 9498.38 9446.24 9449.76 9347.11

of the rights014, Globexbetween 20

al mineralizeampled areNordeau Wenalysed. Thr6 m). An adlock. Best re

port 29

s to the x carried 006 and ed areas as near

est block ree drill-dditional esults of

Page 30: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

t

Hole ID

PG-06-0PG-06-0PG-06-0PG-06-0PG-06-0PG-06-2PG-06-2

6.1.2 Bate

6.1.2.1 His

1946-47: Mmagnetic smagnetic a(1,500 m). the holes w

1949: Oneoon the sout

1954: Malaarea, whichgeochemicaGM39327). induced pol

1970: Umexpart of the

1979-82: Sout magneGM35513; G

1981-82: electromagn

1983-85: Bpart of thgeochemicaanomalous

1988: Bateand an indanomalous

1989-90: MBateman Banomalies (

Table

D

06 08 08 09 09 21 21

eman claim

storic work

Mining Corpurvey (GM0nomalies wLocations oere drilled o

onta Pershinh-east part

rtic Gold Fih included pal and electr

During thearization su

x completedproperty.

OQUEM (Soetic (Mag) GM36435) t

Wescap Ennetic survey

Bateman Bayhe block ral survey dovalues of go

man Bay Mduced polaraxes.

Mines Vauquay Mining C(GM47922;

6.10: Best

From (m)

271.60 169.50 234.00 294.80 297.00 351.20 376.00

m block

k

. of Canada06675A) an

were noted aof the drill-hon the Batem

ng Mines Ltdof the prop

ields Ltd. cparts of theromagnetic e same yeaurveys run fo

d geophysic

ociété Québéand electr

that covered

nergy Corpys (GM3729

y Mining Corevealing sone by Bateold and arse

Mining Co. crization (IP)

uelin Ltd. eCo., and deGM49666).

t results of

a covered thnd geologicand subseqholes are shman claim b

d. intersecteerty.

ompleted ae Bateman surveys wer, the east or Newkirk

cal magnetic

écoise d’expromagnetic d much of th

p. Ltd. co1; GM38554

o. carried oeveral souman Bay Menic.

completed a) survey o

expanded thefined addit There follo

East Cadil

f Globex Re

To (m)

272.85 171.00 235.50 296.00 298.00 363.00 385.00

he southeascal mappingquently testehown but noblock.

ed a graphit

n airborne claim block

ere done on part of the

Mining Corp

c and electr

ploration mi(EM) geop

he Bateman

overed the4).

ut a magnetheast-trenining Co. ov

a magnetic n two part

he area of tional east-owed an Ind

llac Gold Proj

e-sampling

Inter

11111

19

stern part og (GM06677ed with fouo logs are i

tic sulphide-

survey covk (GM38618

the east pae property wp. Ltd. (GM0

romagnetic

nière) optiophysical sun block.

e Bateman

etic/electromding anomver part of

survey (totts of the p

geophysicato southea

duced Polari

ject – 2017 T

g Programm

rval (m)

1.25 1.50 1.50 1.20 1.00 1.80 9.00

of the prop7). Strong ur drill-holencluded in t

-rich horizon

vering the M8; GM39325art of the pwas covere03439)

surveys ove

oned the prourveys (GM

block wi

magnetic sumalies (GM4

the block (G

tal field andproperty an

l coverage ast-trendingization geop

Technical Rep

me

Au (g

3.42.23.33.58.11.51.1

erty with asoutheast-ts totalling 3the report.

n in one hol

Machi-Manit5). As a fo

property (GMd by magn

er the south

operties and37355; GM

ith magne

urvey over t40036). AGM43286) r

d vertical gnd outlined

begun in 1 exploration

physical sur

port 30

gpt)

5 3 3 7 3 0 3

ground trending 3,176 ft None of

e drilled

ou Lake llow up, M03669; etic and

heastern

d carried M38857;

tic and

the east humus

returned

gradient) several

1988 by n target rvey and

Page 31: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

tf

2

w

a 15-hole, 1(GM48410)14 on the B71.30 m), w66.8 m); 7.m (hole BA-

1990: Explsampling su

1990: Mineinterval en(GM49659)traced for mfrom the 19

Table 6

6.1.2.2 Re

2009: In lathole was abweakly auriand arsenop

1,557.22 m . The drillinBateman clawith some v.83 gpt Au o-88-14, 76.0

oration Mourvey over t

s Vauquelincountered . This drillinmore than 988 and 199

6.11: Select

HI

BA9

BA9

BA9

BA9

BA9

BA9

BA9

BA9

BA9

BA8

cent work

te 2009, Plabandoned afferous zonepyrite (2%)

diamond-dg programm

aim block: 3visible gold over 2.00 m05 m - 76.4

nicor Inc. ethe property

n Ltd. drilledin hole BA

ng defined tw100 m late

90 drilling ca

ted Best Re

Hole ID

Gra

90-08

90-09 (5.

90-10

90-11

90-12 (9.

90-13

90-15

90-16

90-21

88-14 (3.

* = Cut to

ato completefter 31 m ane (1.19 gpt A, within she

rilling progrme encount3.9 gpt Au (- including

m (hole BA-845 m).

employed Gy, revealing

d 23 holes tA-88-14 (Gwo parallel rally and toampaigns ar

esults From

ade (Au gpt) 2.2 8.0

7) 9.6 * 8.0 1.6 1.4 2.0 3.9 1.0 2.3 1.3 3.1

.7) 10.0 7.4 2.9 1.2 1.0 1.1 3.4 1.0

.9) 12.8 2.1

Au 34.3 gpt ;

ed 2 holes tnd not compAu over 2.8 eared graphi

East Cadil

ramme to teered signific(high assay 9.11 gpt Au88-14, 69.3

Geokemex a few anom

totalling 3,0GM48410),mineralized

o a depth ore summariz

m 1988 an

Interval (m) 0.50 0.30

4.50 ** 2.50 **

0.25 0.30 0.90 1.25

1.80 ** 4.90 **

0.50 2.45 ** 1.90 **

2.50 0.50 1.00 0.35 1.2

2.7 ** 1.5 5.05 0.40

** = well-defin

totalling 802pleted (Tablm) in quart

itic shale at

llac Gold Proj

est a numbecant gold bcut to 34.3

u over 0.553 m - 71.3 m

Inc. to carmalous areas

095 m to teand variou

d gold zonesof 50 m. Sezed in Table

d 1990 Ba

From

143.00156.9829.6545.7552.1552.95

143.30150.1546.8556.2040.7545.5061.9053.8062.970.9086.5513.00

112.2076.5366.2576.05

ned mineralize

2 m on the Ble 6.12). Htz stringers 194.4 m do

ject – 2017 T

er of the geoearing secti

3 gpt) over m (hole BAm); and 2.0

rry out a gs (GM50036

est the laterus other gs (some 10 elected “bese 6.11.

teman Dril

- To (m)

0 - 143.50 8 - 157.28 5 - 34.15 5 - 47.80 5 - 52.40 5 – 53.25 0 – 144.20 5 – 151.40 5 – 48.65 0 – 61.10 5 – 41.25 0 – 47.95 0 – 63.80 0 – 56.30 5– 63.45 0 – 71.90 5 – 86.90 0 – 14.20 0 – 114.90 3 – 78.03 5 – 71.30 5 – 76.45 ed zone

Bateman claole BE09-03mineralized

own-hole (G

Technical Rep

ophysical anions in hole5.05 m (66

A-88-14, 6606 gpt Au ov

geochemical6).

ral extensiogeophysical m apart) th

st” results r

lling Progr

aim block. A3 intersected with pyriteGM65127).

port 31

nomalies e BA-88-6.25 m - 6.25 m - ver 0.40

humus

n of the targets

hat were reported

rams

A third d a e (1%)

Page 32: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

2

T

t

Ho

BE0BE0BE0

To

2011: A dia15th, 2011 (block (Tablzones and mineralizati

T

Hole ID

BE-11-01

BE-11-02

BE-11-03

BE-11-04BE-11-05BE-11-06BE-11-07BE-11-08BE-11-09BE-11-10TOTAL:

Holes BE-1best results(Table 6.14

The 2011 dassociated amore southnortherly Ithrough BE1,650 m alo

Table 6.

ole ID

09-02 09-03 09-04 otal

amond-drill(GM66369).le 6.13). Th

to evaluaon.

Table 6.13:

Leng(m)

1 351

2 402

3 351

4 4025 4036 2527 2528 3009 2460 249

3,20

1-01, BE-1s (4.82 gpt 4).

drill-holes oauriferous m

herly IF hosF was inte

E11-05. A nong strike a

.12: Summ

ing campaig. A total of 3he programmate previou

: Summary

gth ) Azim

1 180

2 180

1 180

2 1803 1802 1802 1800 1806 1909 180

08

1-02, BE-1Au over 1.5

utlined twomineralizatiots the historsected by

new auriferond between

mary of 200

Length (

31 (abando402402834

gn by Plato3,208 m in tme was desusly untest

y of 2011 D

muth D

0° -7

0° -7

0° -7

0° -70° -50° -50° -50° -70° -40° -5

1-05 and B5 m) were o

(2) sub-paon similar toorical Batem

Holes BE0ous zone as 10 m and 2

East Cadil

09 Drill-Hol

(m)

oned)

o was carrieten (10) hoigned to invted zones

Drill-Holes

ip Eas

70°

70°

70°

70° 50° 50° 50° 70° 49° 50°

BE-11-08 inobtained fro

arallel, strato those discoman East re09-02, BE09ssociated w215 m verti

llac Gold Proj

les: Batem

A

ed betweenles were co

vestigate thebelieved t

on the Bat

sting (UTM

338480.97

338100.14

337975.74

337802.20337601.93338449.77338617.16338701.23338798.65338897.29

ntersected aom 126.5 m

tiform, iron overed on tsource (Ma9-03 and,

with the norcal depth.

ject – 2017 T

man Claim B

Azimuth

180° 180° 180°

n January 2mpleted on e historic Bato have p

teman claim

M-X) No

7

4

4

0 3 7 6 3 5 9

auriferous m to 128.0 m

formation the Nordeaup 3). The pBE09-04 a

rtherly IF is

Technical Rep

Block

Di

-7-7-7

25th, 2011 athe Batema

ateman minpotential fo

m block

orthing (UT

5319516.

5319660.

5319620.

5319703.5319793.5319152.5319090.5319047.5319052.5319048.

mineralizatim in Hole B

(IF) horizou East Propepreviously uand Holes Bs now defin

port 32

ip

0°0°0°

and May an claim neralized or gold-

TM-Y)

68

02

46

29 05 90 34 39 36 41

on. The E-11-03

ns, with erty. The unknown BE11-01 ned over

Page 33: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

w

wt

Table 6.Hole

BE-09BE-11

BE-11

BE-11

6.1.3 Pers

1946-47: Mmagnetic sumagnetic an(1,500 m). was drilled

1954: Malaarea (GM38were done othe same yesurveys run

1958: The eCo. Ltd. (G(GM06528)

1979-82: Sout magneGM37356) surveys foll

1981: A VLPershing-Deof magnetic

1986-88: ADumont CoGM46287).

14: SummID

9-02 1-01

1-02

1-03

shing-Dena

Mining Corp. urvey (GM06nomalies weLocations oon the Pers

rtic Gold Fie8618; GM39on the area ear, the soun for Newkir

eastern partGM06346) a.

OQUEM (Soetic (Mag) that covereowed (GM3

LF-EM surveenain block c iron forma

A geochemiconsulting. This work w

ary of SeleFrom (m

223.30145.90208.30209.00210.20119.70121.00122.00126.50286.00

ain claim b

of Canada 6675A) andere noted anf the drill-hhing-Denain

elds Ltd. com325). As a fof the Pers

uth part of tk Mining Co

t of the propnd an elect

ociété Québéand electr

ed much o7729).

ey by Lynx (GM38329)tion.

cal (humus)Several w

was followed

ected 2011m) To0 230 140 200 210 210 120 120 120 120 28

block

covered the geological nd subsequeoles are shon claim bloc

mpleted an follow up, ghing-Denainhe property

orp. Ltd.

perty was cotromagnetic

écoise d’expromagnetic f the Persh

Canada-Am) outlined se

) survey waeakly anomd-up with a

East Cadil

1 Best Drillio (m) 30.00 46.80 09.00 10.20 10.75 20.00 22.00 23.00 28.00 87.00

e southwestemapping (Gently testedown but no k.

airborne sueological, gn Bateman cy was covere

overed withc survey ru

ploration mi(EM) geop

hing-Denain

meric-Spartoeveral anom

as carried omalous assground geo

llac Gold Proj

ling ResultsInterv

6.0.0.1.0.0.1.1.1.1.

ern part of GM06677). S with four dlogs are inc

rvey coverineochemical claim blocked by magn

h a magneticn by Contin

nière) optiophysical sun block. Ge

on that covmalies coinci

out over thesay resultsophysics (ma

ject – 2017 T

s: Batemanval (m) .70 .90 .70 .20 .55 .30 .00 .00 .50 .00

the propertyStrong soutdrill-holes tocluded in the

ng the Machand electro(GM03603;etic and ind

c survey donental Minin

oned the prourveys (GMeological an

vered the sodent with m

e Pershing-s were obagnetic) sur

Technical Rep

n East PropAu

8010301240

y with a groheast-trend

otalling 3,17e report. On

hi-Manitou Lomagnetic s GM39327)

duced polari

ne by Monong Explorat

operties and37355; GM

nd lithogeoc

outhern parmapped occu

Denain bloctained (GMrvey (GM47

port 33

perty (gpt)

8.01 .20 .62 .68 .05 .54 .80

2.29 4.82 .36

ound ding 76 ft ne hole

Lake urveys . During zation

or Mining tion Ltd.

d carried M38857; chemical

rt of the urrences

ck by P. M44027; 285).

Page 34: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

w

w

t

6.2 The Ch 6.2.1 Lac

1966: Raympart of the economicall

1969: Kerr block and dGraphite-ricUp to 20%

1972: SOQassayed for

1975: Spandrilling, norwest extens

1975-76: Mof, and conwork done o1,655.3 ft (gpt Au over

1979-83: SelectromagnGM40058) tprevious woeastern par

1981: Follocompilationreported in metres (GMoccurrence.interest wer

1983-84: Ssouthweste(humus) anthe new cla

1983: Durinof the SimNumerous a

himo Projec

Simon & N

mond TiblemLac Simon ly notable in

Addison Midrilled 4 holech slates witpyrite, 10%

UEM drilledr copper, zin

nex Resourcrth of the Csion of a def

Moss Lake Dtiguous withon the area (505 m) folr 0.30 m) in

SOQUEM (netic geophthat covereork and loc

rt of the Nov

owing a st of statutora few trenc

M39364) in Minor sulre noted.

SOQUEM acrn part of

nd geophysicims (GM401

ng Decembemon West oauriferous in

ct Claims (

Nova claim

mont Gold Mblock to tes

ntervals wer

ines carriedes aggregatth dissemin

% pyrrhotite

3 holes tonc, lead and

es completehimo Mine (fined magne

Developmenth, the Chimat the time

low-up diam hole MV-1

Société Quhysical survd much of cation of pova block. Ge

ructural mary work citiches, SOQU

the westephide mine

cquired 108the Lac S

cal surveys 142; GM410

er of 1983, occurrence, ntervals wer

(Lac Simon

blocks

ines Ltd. drst for a wesre encounte

out a magting 1,329 ftated and loand trace c

otalling 1,42 silver (GM3

ed a ground(GM31231)etic respons

t Co. acquirmo Mine proe, and includmond-drilling(GM32291)

uébécoise dveys (GM37the Lac Simosited mineeological and

apping caming very goUEM carried ern part of eralization w

8 additionaimon block(mag’, EM,

000).

Louvem Minapproxima

re encounte

East Cadil

n, Nova and

rilled 7 holesstern extensred (GM172

g-EM surveyt (405 m) tcally massiv

chalcopyrite

22 ft (433 m35544). Onl

d geophysica. Further drse anomaly.

red a block perty. GM3des drill-logg programm.

d’exploratio7355; GM3

mon block. Weralized zond lithogeoch

mpaign comood gold va

out a 9-hothe Lac S

was encoun

al claims (Nand carrie

IP), and di

nes Inc. drilately 1 kmred. Best re

llac Gold Proj

d Villebon

s totalling 3sion of the C257).

y over the wto test a nuve sulphideswere inters

m) to test Ely minor gra

al mag’ survrilling was r

of claims o1325 comprs, drill-sect

me intersect

on minière)34757; GM3Work includnes (GM350hemical surv

mpleted in lues from e

ole diamondSimon claimntered, but

Nova claimed out geoamond-drill

l 12 holes tm west of esult are sho

ject – 2017 T

blocks)

3,000 ft (91Chimo Mine

western parmber of cons accountedsected (GM3

EM and graades were e

vey over anrecommende

n Lac Simorises a comions, and plted 0.32 oz

) carried o38857; GMded a geolog007; GM355veys followe

the summeearlier drilli-drill campa

m block, net no gold

m block) coological mapling work (5

totalling 2,9the Chimo own in Tabl

Technical Rep

5 m) on thee mineraliza

rt of the Lanductive anod for the ano38605).

vity anomancountered

area with ped to test th

n claim blocpilation of plan maps. A

z/t over 1 ft

out magneM35513; GMgical compi513), included (GM3772

er of 1981ng and nataign totallinear the Bluvalue of e

ontiguous wpping, geoc5 holes - 73

69 m in theMine (GM

le 6.15.

port 34

e central tion. No

c Simon omalies. omalies.

alies and .

previous he east-

ck, west previous A 4-hole, t (~11.0

etic and M37356; lation of ding the 29).

1 and a ive gold

ng 1,311 e Grass conomic

with the chemical 9 m) on

e vicinity M41830).

Page 35: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

T

t

v

t

Table 6.15Hole ID

07-83-0107-83-0107-83-0207-83-0307-83-0307-83-0407-83-0407-83-0407-83-0407-83-0407-83-0407-83-0407-83-0407-83-0807-83-0907-83-1207-83-12

1984: Wordiamond-drintrusion knporphyry dy

The observobserved ocollected anm) and 0.62

1984-85: Gclaim block to test variGeophysica

1986: In Jaholes in thamounts of

1987: In Javicinity of tnote were in

1987: In thSimon Projeexcavated arocks, was Mine, locatethe availabl

5: Best Res F1 1 2 3 3 4 4 4 4 4 4 4 4 8 9 2 2

k by SOQUrilling in 3 hnown to hosyke is transe

ed veins an the surfacnd analysed2 gpt Au ov

Golden Pond(eastern pa

ous magnetl (VLF-EM) s

nuary and Fhe vicinity

gold were n

anuary, Chathe Chabelantersected.

he summer ect, approxalong the codesigned to

ed approxime literature

ults From From (m)

193.3199.4199.8176.6221.3

87.394.9

117.6140.2252.5257.0252.5256.2128.4

88.5164.6401.3

UEM in 198holes, the pst sulphide-ected by fau

nd mineralice and in e. Best resuler 0.50 m (

d Resourcesart of Lac Stic and condsurveys and

February, Cof the Chanoted from

bela Mineraa-Vauquelin

of 1987, Limately 1 kontact betwo intersect

mately 1 km .

1983 Louv T

30 44 82 62 34 30 95 68 20 56 03 56 29 47 53 63 39

84 on the purpose of w-bearing (Pyults anomalo

zation in dearlier drill-hlts were 0.7hole 958-84

s acquired gSimon blockductive anod geological

habela Mineabela-Vauqutheir assaye

ls Inc. drilleoccurrence

Louvem undkm west of tween the Ch

mineralizedto the east

East Cadil

vem DrillingTo (m)

193.90200.18200.62177.54222.15

89.4396.50

118.22141.50253.58258.13254.55259.69129.68

93.28167.69403.68

Nova claimwhich was ty-Asp-Po-Auous in arsen

rill-core weholes. A tot72 gpt Au ov4-8; 74.95 m

ground nort), and drille

omalies outlmapping w

erals Inc. druelin occurred core sam

ed 5816 ft (e (GM45332

dertook thethe Chimo imo volcani

d zones 4 at. No further

llac Gold Proj

g, Simon WInterv

block (GMto evaluate u) quartz-tonic, and hos

ere noted ttal of sixty-ver 15 cm (m - 75.45 m

th of the Ced 14 holes ined by pre

were also car

rilled 3,380 rence (GM4mples.

(1,773 m) in2; GM45943

e constructiMine (MB88c band andnd 3 west r informatio

ject – 2017 T

West Occurval (m)

0.60 0.74 0.80 0.92 0.81 2.13 1.55 0.54 1.30 1.02 1.10 1.99 3.40 1.21 4.75 3.06 2.29

M41804) coa small au

ourmaline vests the Maril

o be simila-three (63) (hole 958-8m).

himo Mine totalling 27

evious explorried out (G

ft (1,030 m43495; GM4

n 10 diamo3). No mine

on of an a8-14). This the centraat the 125

on on this ve

Technical Rep

rrence Au (g

omprises 33uriferous poeins. An asyne gold sh

ar to those core sampl4-6; 8.60 m

and Nordea7,619 ft (8,oration (GMM42504).

m) in 7 diamo43684). On

nd-drill holeeralized inte

ccess rampeast-dippinl band sedimlevel of the

enture was

port 35

pt) 11.48

3.803.653.122.785.563.433.363.914.903.023.851.786.407.132.643.32

32 m of rphyritic sociated

howing.

already es were

m - 8.75

au West 418 m),

M42328).

ond-drill ly trace

es in the ervals of

p on the g ramp, mentary e Chimo found in

Page 36: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

f

V

t

t

v

2

T

1988: In thdiamond-drnorth of thefrom their a

1988: CamVillebon cladrilling and states that turbidite-dointerpretatioand Trivio gthe south a

1989: Cam5,457.5 mecurrent Lacoverburden samples wit

Sulphide mchalcopyriteholes southobtained frobserved involcanic rocNOV87-06: and from h(151.9 m -

1989-90: MBateman Banomalies (GM47922; 1,557.22 m(GM48410)of the proje

2003: MiraSimon blocThe holes inof 3.26 gpt noteworthy

he first quarill holes in e Chabela-Vassayed core

bior Inc. aim blocks. heavy minethe results

ominated Poon dictated groups, muss some wor

mbior Inc. retres in 198 Simon anddetermine

th a total int

mineralizatioe, was founhwest of throm the hon 2 quartz cks. Best re6.1 gpt Au

hole NOV87154.6 m); 3

Mines Vauquay Mining Con the easGM49666)

m diamond. No signific

ect.

bel Resourck and compntercepted tAu over 0.6.

arter of thethe extremVauquelin oe samples.

cquired a gCambior caeral geochems of the drilontiac Groupthat the Cast pass thoukers had pr

eported res7-88 (GM49

d Nova claimd from an terval lengt

n (trace tod in associa

he Chimo dles drilled and carbo

esults from t over 0.6m -08: 1.6 gp3.5 gpt Au o

uelin Ltd. eCo., and destern part . There follo-drilling prcant minera

ces Inc. acqpleted ten (the targeted65 m in hol

e year, Baree northwes

occurrence (

group of claarried out a mical sampllling prograp rocks, notadillac Fault ugh the norreviously sug

sults from a9340). Thesm blocks anearlier bas

h of 1,959 m

o 5%), comation with qdeposit (Laon the Novnate veinlethe diamond(84.9 m -

pt Au over over 3.2 m

expanded thefined additof the Lac owed an Indrogramme alized interv

quired a sm(10) shallowd mineralizee FV-03-03

East Cadil

exor Mineratern part of(GM48022).

aims comprcomprehen

ling programmme indica by the TrivZone, a reg

rthern part ggested.

a 16-hole dse drill-holesnd targeted sal till sampmetres were

mprising maquartz and c Simon clva claim blets associatd-drilling pr87.5 m); 13.7 m (74.(301.5 m -

he area of tional east-

Simon bloduced Polarto test a

vals were en

mall group ow diamond-ed zone; ho(26.75 m -

llac Gold Proj

als Inc. drilf the curren. Only trace

rising most nsive overbmme (GM46ate that thevio Group, agional structof the East

diamond-drs were concanomalous

pling prograe collected a

ainly pyrite,carbonate vlaim block)lock. Gold ted with a rogramme w.3 gpt Au o.8 m - 78.5304.7 m).

geophysicato southea

ock, north ization geopnumber o

ncountered

of claims in-drill holes towever, with- 27.4 m), t

ject – 2017 T

led 6,585 fnt East Cade amounts o

of the Lacurden rever

6939). The ae property as was poputure that seCadillac Go

rilling progrcentrated ins gold conceamme. A tand analyse

, arsenopyrveins and v). No signifflecks and fault cross

were from oover 4.3 m (5 m); 1.8 g

l coverage ast-trendingof the Nor

physical surof the geopfrom holes

n the westetotalling 43h the excepthe gold ass

Technical Rep

ft (2,007 millac Gold pof gold wer

c Simon, Norse-circulatiauthor of this underlainularly believeparates theold Property

ramme aggn three areaentrations intotal of 1,3ed for gold-c

rite, pyrrhoveinlets in tficant resularsenopyri

sing Chimo obtained fro(91.0 m - 9gpt Au ove

begun in 1 explorationrdeau Westrvey and a physical andrilled on t

ern part of 31.2 m (GMption of one say values w

port 36

m) in 10 property, re noted

ova and ion (RC)

he report n by the ved. This e Pontiac y, not to

regating as of the n glacial 59 core

content.

tite and the drill-ts were te were horizon

om holes 95.3 m); r 2.7 m

1988 by n target t claims 15-hole, nomalies this part

the Lac M61314).

interval were not

Page 37: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

w

t

t

tw

6.2.2 Ville

1946-47: Msurvey (GManomalies wLocations owere drilled

1954: Malaarea, whichthe same ysurveys run

1958: The eCo. Ltd. (Gdrilled on thout by Cont

1962-65: Meastern parsurvey was

1965: Blackblock outlinto uneconom

1979-83: SelectromagnGM40058) previous wolithogeoche

1981-82: Wmagnetic an

1983: Bateeastern paranomalies.

1989-90: MBateman Banomalies oInduced Poto test a nwere encou

ebon claim

Mining Corp. M06675A) awere noted f the drill-h

d on the Ville

rtic Gold Fih included pyear, the ean for Newkir

eastern partGM06346). The mag’ anotinental Mini

Monor Mininrt of the blcompleted

k River Minning a strongmic sulphide

SOQUEM (Sonetic (EM) gthat covereork and locmical surve

Wescap Enend electrom

man Bay Mrt of the V

Mines Vauquay Mining Con the eastlarization geumber of thntered from

block

of Canada and geologiand subseq

holes are shebon claim b

ields Ltd. cparts of thest part of tk Mining Co

t of the propThree diamoomalies (GMing Explorat

ng Co. Ltd.ock. Three in 1963 (GM

ing Ltd. cag conductore mineraliza

ociété Québgeophysical ed most of cation of poys followed

ergy Corp. agnetic surv

Mining Co. cillebon bloc

uelin Ltd. eCo., and detern part oeophysical she geophys

m holes drille

covered thecal mappinquently testhown but noblock.

ompleted a Villebon cl

the propertyorp. Ltd. (GM

perty was coond-drill ho

M06400; GMtion Ltd. (GM

. carried oustrong ano

M13117), an

rried out a r that was tation (GM16

bécoise d’exsurveys (Gthe Villebo

osited miner(GM37729)

Ltd. covervey (GM372

arried out ack (GM4003

expanded thefined additf the Villebsurvey and sical anomaed on this p

East Cadil

e eastern pag (GM0667ted with fouo logs are i

n airborne aim block (y was coverM03439)

overed witholes totallingM08657). AnM06528).

ut a geophomalies wernd an EM su

ground geotested by di6835).

xploration mM37355; GM

on block. Wralized zone).

red the eas291; GM385

a magnetic/36). The su

he area of tional east-bon block (G

a 15-hole, lies (GM484art of the p

llac Gold Proj

art of the pr77). Strongur drill-holesncluded in

survey cov(GM38618; red by mag

h a magneticg 1,353 ft nother elect

hysical magre noted (Gurvey follow

ophysical Miamond-dril

minière) carM34757; GM

Work includees (GM3500

stern part 554).

/electromagrvey outlin

geophysicato southea

GM47922; 1,557.22 m

410). No siroject.

ject – 2017 T

roperty with southeast-s totalling 3the report.

vering the MGM39325;

gnetic and in

c survey do(412.4 m) romagnetic

gnetic (magGM11980). wed in 1965

Mag-EM survling and det

rried out mM35513; GMed a geolog07; GM3551

of the Ville

gnetic surveed several

l coverage ast-trendingGM49666).

m diamond-gnificant m

Technical Rep

a ground m-trending m3,176 ft (1,Three of th

Machi-ManitGM39327)

nduced pola

ne by Monowere subsesurvey was

g) survey oA subseque(GM16375)

vey on the termined to

magnetic (MM36435; GMgical compil13). Geolog

ebon block

ey that covesoutheast-t

begun in 1 explorationThere follo

-drilling progmineralized i

port 37

magnetic magnetic 500 m). he holes

ou Lake . During arization

or Mining equently s carried

over the ent mag .

Villebon o be due

ag) and M37356; ation of ical and

with a

ered the trending

1988 by n target owed an gramme ntervals

Page 38: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

Tf

Tv

tt

Af

y

T T

w

A

t

7.0 GEOLO

The East Cfront, in thOrogenic Pr

The Abitibi volcaniclastmafic-ultramhave been cintruded bycontact witcomprises aturbidites wthe Propertsimplicity fr

7.1 Region

Geological uAbitibi Supefrom oldestIsland Grouyounging dsedimentaryGroup. Age supergroupTectonic Zo

The categosuccession, introduced of Val-d'Or highly straidiscontinuitlow-strain dweakly defo

Rocheleau eAssup, GarComplex”), of mixed orand Rochele

Rock units ometamorphmetamorphto the sillim

OGICAL SET

adillac Golde south-eas

rovince (Fig

Greenstonetic rocks wmafic sills, acomplexly d

y late kinemth the Pona monotono

with minor inty have berom the follo

nal Geology

units in theergroup andt to youngesup, and madirection toy Trivio Grorelationship

s are in cne (CTZ).

orization of was re-ex

the conceptinto lithotened and faies (i.e. Gadomains, wormed volca

et al. (1997rden Island,a zone of h

rigin, was ineau et al. (1

of the Abitibism, whereism, rangin

manite-kyani

TTING

d Property istern part o

gure 7.1).

Belt (AGB)ith coeval and plutonsdeformed, matic granodtiac Domai

ous successintercalated veen metamoowing rock d

y

e Val-d’Or ad the Pontiast, volcanic ainly volcanowards theoup, ultramaps between ontact alon

the rocks xamined byt of partitioectonic domaulted multirden Island

which are junic and sed

7), subdivide, Val-d’Or, highly deformnterpreted a1990).

bi Supergroueas Pontiac g from the te zones of

is located aof the proli

comprises clastic and

s of potassiumetamorphoiorite and mn (Bellecomion of highlvolcanic andorphosed, tdescriptions

rea are subac Supergrorocks of th

nic rocks ofe south. Tafic and mathe units o

ng a major

underlyingy Gaudreau ning the va

mains. The h-lithologic a Tectonic Zuxtaposed wimentary ro

ed the rocksTrivio and

med and ans the exten

up are affecSupergroucontact neathe amphib

East Cadil

a few kilomfic Archean

repeated koexhalative

um-poor dioosed to the monzonite pmbe Gneissy deformedd intrusive rthe “meta”s.

bdivided intooup to the she Kinojevis f the Malarthe Pontiac afic volcanicof the Pontiar, regional

the area et al. (19

rious sedimhigh-strain dassemblage

Zone and Trwith the hiock successi

s east of VaVillebon. T

nastomosingsion of the

cted by Greep rocks arear the CTZ, bolite facies.

llac Gold Proj

etres northn Abitibi Gre

omatiitic to sedimenta

oritic to tonasub-greenslutons. The s Belt of Dd, upper grerocks. Altho” prefix has

o two lithossouth. The Group, sedtic Group. T

Supergrouc Villebon Gac Supergrotectonostra

into a stra986) and Rmentary anddomains for

es that are rivio Structuigh strain dions.

al-d’Or into The Trivio g blocks of sCadillac Tec

enschist face character southward .

ject – 2017 T

hwest of theeenstone B

calc-alkalic ary rocks, palitic composchist to gre

southern pDimroth et eenschist toough all of ths generally

stratigraphicAbitibi Sup

dimentary rThis sequeup consists

Group and soup are contatigraphic b

aightforwarRocheleau ed volcanic rorm narrow, coincident

ural Compledomains, fo

five lithotecDomain (or

sedimentaryctonic Zone

cies to lowerized by thefrom uppe

Technical Rep

e Grenville Belt of the S

cycles of laporphyries, osition. Theseenschist facpart of the A

al., 1982)o amphibolithe rocks un been omi

c assemblagergroup com

rocks of thence has ans of the vedimentarytentious. Thbreak, the

rd lithostratet al. (1990ock formatio elongated with major

ex). By contorm large a

ctonic domar “Trivio Sty and volcane by Marquis

r Amphiboliteir higher gr greenschis

port 38

tectonic Superior

avas and layered

se rocks cies and

AGB is in ), which te grade derlying tted for

ges: the mprises, Garden

n overall volcano- Pontiac

hese two Cadillac

tigraphic 0), who ons east belts of

r crustal trast the areas of

ains; the tructural nic rocks s (1983)

te facies grade of st facies

Page 39: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

Figure 7.11: Regional Geeology Map of

East Cadillac Go

f Abitibi Green

old Project – 201

nstone Belt sh

7 Technical Repo

howing locatio

ort 39

on of East Caddillac Gold Pro

operty

Page 40: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

Tt

Tt

w TT

f VT

tV

T

V

t

7.2 Local G

The volcanothe south (Imreh, 198

The Abitibi tholeiitic voand predomMalartic Growhich unde

Trivio GroupThe Trivio composed opyroclastic greywacke, massive to lapilli tuff, r"Trivio Strufault contac

Villebon GroThe Villebonbetween thcontact (Robrecciated vtholeiitic baVillebon GroPontiac Gro

Pontiac GroThe mainly argillite, wit(Dimroth e(chemically of the seqcharacterizeincreasing ihornblende,Various stuGreenstone

Imreh (198succession Group with rocks. Thescomprising

Kalliokoski lithological the CadillacBelt, and w

Geology

o-sedimentalimb of a 84).

Supergroupolcanic rocksminantly thooup) that arlie the imm

p Group co

of coarse crocks. Themudstone

pillowed, threspectivelyuctural Comct relations b

oup n Group liese Villebon

ocheleau etvolcanic floasalts and aoup as the “up (Gaudre

up metasedim

th minor met al., 1982

similar to tquence (lmed by their n grade sou, staurolite udies sugge Belt suprac

84) believethat stratigthe Dubuiss

se conclusiothe Pontiac

(1987) forand structu

c Fault. Suchere metamo

ary units unregional th

p successions of the La Moleiitic volcaare in contamediate area

mprises a lastic sedim

e sedimentaand iron

holeiitic andy. Rocheleauplex", whichbetween the

s south of tGroup and al., 1990)ws ranging andesites (G“Villebon Litau et al., 19

mentary Pononomictic a2; Mortensethose of the

mreh, 1976bhigher graduthward fro

and sillimest that Pocrustal rocks

d that the graphically oson Formatons are a Supergroup

r one, conral block seh a scenarioorphosed pr

derlying thehe east-wes

n youngs soMotte-Vassaanic rocks oact, to the sa of the Prop

structurallyments, turbiary rocks cformation,

d andesitic bu et al. (199h they chare various m

the "Trivio Sthe ”Trivio

). The Villefrom serpe

Gaudreau ehotectonic D986).

ntiac Groupnd polymict

en and Care Dubuissonb); Rochelee of metamm the biotit

manite-kyanintiac sedims and older

Trivio andoverlay the ion, as bothpoint of cop are unrela

siders thatparate from

o suggests trior to depos

East Cadil

e area aroust trending

outhward, aan and Dubuof the Jacolsouth, withperty and ar

y complex dites, thole

consist of cwhereas v

basalts and 90) renameracterized aixed-origin s

Structural C Structural bon Group entinized koet al., 1986Domain”, an

consists oftic conglomrd, 1993). n Formation)eau et al.

morphism thate zone of tite zones o

ments were volcano-plu

d Pontiac gAbitibi ass

h comprise aontention, aated to the A

t the Pontim Abitibi strahe Pontiac dsition of the

llac Gold Proj

nd the Eastantiform;

nd compriseuisson Forma, Val d'Or the Trivio,re described

sedimentaeiitic and caclast-supporvolcanic and

andesites, ed the Trivioas a lithotecsedimentary

Complex"; hComplex" comprise m

omatiites, to6). Rocheleand infer it to

f a sequencmerate, iron

Thin ultram) are presen 1990). Pan adjacentthe greenscof the amp

derived mutonic rocks

groups consemblage. Ha sequence as other woAbitibi Supe

iac Supergrata, with thedeposits aree Abitibi Belt

ject – 2017 T

t Cadillac Gothe LaMott

es predomimations (Lowr and Heva , Villebon ad as follows

ary-volcanic alc-alkaline rted polymd pyroclastigraphitic a

o Group of ctonic block y and volca

owever, strare obscuremainly maso Mg-rich (au et al. (1o lie stratigr

ce of turbidformation a

mafic to mnt at or nea

Pontiac Grot Abitibi Grechist facies, phibolite fa

mainly from (Mortensen

stituted a He also corr

of mafic to orkers suggergroup form

roup Groupe suture zone older thant. The Villeb

Technical Rep

old Propertyte-Vassan A

nantly komawer MalarticFormationsnd Pontiac :

rock assevolcanic floictic congloic rocks condesitic crySharpe (19based on c

nic rocks.

ratigraphic red by theirssive, pillow(picritic) bas1990) classiraphically be

itic greywaand graphitafic volcan

ar the inferroup sedimeeenstone Be

through tocies (Jolly, erosion ofn and Card,

single sedimrelated the ultramafic

gest that thmations.

p forms a ne correspo rocks of thbon Group,

port 40

y occupy Anticline

atiitic to c Group) s (Upper groups,

emblage ows and omerate, onsist of stal and 68), the complex

relations r faulted wed and salts, to ified the elow the

cke and ic schist ic flows red base ents are lt rocks,

o garnet, 1978). f Abitibi 1993).

mentary Villebon volcanic he units

distinct nding to e Abitibi which is

Page 41: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

t T

f

T

t

f Tt

t

T

t

w T

south of thethe Pontiac

The geologiaccurately dstudies (Gaof the Chimfault lies mu

One of the observed inTrivio Grouconformity metamorphobscured bythat, basedstratigraphiincluded th(GM46939) Sharpe inclfrom amphi

The type anthe area is contend thathe Abitibi restricted tcorridor assso-called Cstructural dprecipitation

7.3 Proper

Most of the(TSC), a kilTectonic Zoranging in trock into hethe secondimportance ways for su

The sedimeapparent thgrained qua3) coarse-gnarrow, lenalmost 1 kduring the northern vomainly comash tuff, lapis observed

e Cadillac Fadomain and

ic disparitiesdelineated iudreau et a

mo Mine; howuch farther

main criten the rocks p rocks wewith it, w

osed than y recrystallizd on litholc discontinu

he area nowcorroborateuded in hisbolite to gre

nd age of rostructurally

at: 1) the TrPontiac cono Trivio Grsociated to thimo horizodiscontinuityn of minera

rty Geology

e East Cadiometres-wi

one (Figurethickness aectometric tary fracturto the minlphide- and

entary rockshickness, anartzo-feldsprained felds

nticular bankm, are inte

sedimentaolcanic bandposed of anpilli tuff andin the Trivi

ault and encd not correla

s in the litein eastern Lal., 1986; Swever, Quebsouth.

ria used tounderlying

re depositedwhereas th

the inter-zation and tlogical, meuity occurs aw covered ed Sharpe'ss Trivio Groeenschist fa

ock present y controlled,rivio and Vilntact (i.e., roup rocks the Cadillacon, which y associatels from auri

y

llac Gold Pde deformae 7.2). Thend intensityto kilometricring and brneralization

gold-bearin

s of the Trivnd comprise athic sandsspathic sandds of masserbedded wtion proces is compose

ndesitic basad felsic bloco Group fro

closed by Poated with th

rature are tLouvicourt aauve et al.,bec governm

determine the East C

d rocks on e more sovolcanic sethe imprint etamorphic along the nby the Eas

s observatiooup some Pacies.

on the prop, occurring lebon groupthe Cadillacin the vicin Fault, whicpasses trand with theferous, sulp

roperty is ution corrido

e TSC is chy, commonlc “lozenges”recciation tas they are

ng solutions

io Group tha rhythmic

stone and sidstone and;sive and pilwith the sedss (Figure ed of basalt alt and interks and grapm west to e

East Cadil

ontiac Grouphe Dubuisso

the reason tand Vauque, 1987; Macment compi

the positioCadillac Gold

top of the outherly Poedimentary of a regionaand struct

orth edge ost Cadillac ons (MacNeiPontiac Grou

perty is largmainly in a

ps are part oc Fault); 2)nity of the ch is the mansects the e Cadillac Fphide-rich hy

underlain byr interpretearacterized y referred t” of relativethat have ae interpretes.

at underlie c sequence oiltstone; 2) 4) local intlowed basadimentary u

7.3). Accoand magne

rstratified aphitic schisteast.

llac Gold Proj

p rocks shon Formation

that the poselin TownshcNeil and Avlation maps

on of the Cd Property. Abitibi Belt

ontiac Domrocks, and

al foliation".tural informof the PontiaGold Propel and Averiup metased

gely irrelevaassociation wof the Ponti) the Trivio Property, i

ajor control East Cadilla

Fault Zone,ydrotherma

y rocks of ed as the ea

by anastomto as “shealy undeformaffected thd to have a

the Propertof proximal a magnetit

terbeds of pltic lavas, wunits showiording to Resian basalt,ndesite withs. A gradua

ject – 2017 T

uld then ben of the Abit

sition of thehips. It is inverill, 1988)s (SOQUEM,

CTZ is the mSharpe (19

t volcanic pmain rocks d their prim. Sharpe (19mation, a ac Domain. erty, and dll, 1988) bu

diments tha

ant as all gowith shear zac SupergroStructural

s part of aon mineralac Gold Pro that was l fluids.

the Trivio Sastern extenmosing defar-zones”, tmed rock. The host rocacted as the

ty range froturbidites m

te-rich bandpolygenetic with an appng that volRocheleau , whereas thh lenticular al increase i

Technical Rep

e included astibi Belt.

e CTZ has nnterpreted b) to pass ju, 1978) indi

metamorphi968) supposile and in aare "muc

mary textu968) also remajor tectSharpe's m

drilling by Cut also showt were retr

old mineralizzones. The oup and lie Complex, w

a wide defoization; andoperty, is aa conduit

Structural Cnsion of the ormation cohat divide the shear-zoks are of e principle

om 200 to 8made up ofded iron forconglomeraparent thicklcanism waet al. (198he southernzones of cryin pyroclast

port 41

s part of

not been by some ust north cate the

ic grade sed that apparent h more

ures are emarked tonic or

map area Cambior wed that rograded

zation in Authors south of which is ormation d, 3) the a major for the

Complex Cadillac

orridors, the host ones and primary passage

800 m in : 1) fine rmation; ate. Two kness of s active 88), the n band is ystalline tic facies

Page 42: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

FFigure 7.22: Simplifieed geologiccal map o

East Cadil

of southeas

llac Gold Proj

stern part

ject – 2017 T

of Abitibi

Technical Rep

i Greensto

port 42

ne belt

Page 43: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

FFigure 7.3: Ge

East Cadillac Go

eology underly

old Project – 201

ying the East

7 Technical Repo

Cadillac Gold

ort 43

d Property.

Page 44: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

T

Tvt

t T

A

T

t T

tt

A

The northehorizons of

The IF banvarying fromthe top of magnetic-ato the east,

The contacindicated bynear the No

A simplified

7.4 Geolog

The stratigrpillowed basiltstone anmafic volcasedimentarytonalitic, co

The local st(average 70bedding annorth-southProterozoic

Most commthe sedimethe volcanic

7.5 Minera

Gold mineraCadillac Faudeposit whemetamorphassociated w

A number oavailable onunderlie the

rn sedimenstrongly fol

nds consist m 0.2 mm t

the beds. nomaly map where it ha

cts betweeny the commordeau West

stratigraph

gy of Norde

raphic succesalts and an

nd lesser coanic rocks, y unit. Hostmmonly qu

tratigraphy 0º), and yod to the lat

h and northediabase dik

monly observntary rocksc rocks. Gar

alization

alization in tult or subsidere gold occosed volcanwith banded

of gold occurn-line (http:e Property. T

ntary band ded iron for

of beds ofto 50.0 mmThe magn

ps for more as been inte

n the volcamon occurrent deposit.

hic column f

eau West D

ession in thendesites, ovonglomerateup to 400 t Trivio Groartz- and fe

is overturneounging souter shear zoeast-southw

ke on the No

ved alteratis, and; chlornets occur l

the area frodiary structucurs with qunic rocks andd magnetite

rrences, cat//sigeom.mThe principa

(north ofrmation (IF)

f intercalatem in thicknesnetite-rich b

than 15 kmersected by

anic and sence of talc-c

or the East

Deposit

e area of thverlain by; 2e, and “topp

m thick (toup rocks aeldspar-phyr

ed, striking uth. A well-dones that awest faults aordeau East

on types aroritization, alocally, part

m Rouyn toures. This is artz and arsd in bands oiron format

talogued by mines.gouv.qal occurrenc

East Cadil

the southe) that vary f

ed wacke, sss, with thebanded ironm from the fdrilling.

edimentary chlorite-seri

Cadillac Go

he Nordeau 2) a central ped” by banthe Chimo re intrudedric dykes.

generally edeveloped rre present tare reportedclaim block

re: epidotizamphibolitizticularly with

o Val d'Or haevident at t

senopyrite iof semi-mastion (Sauve

MRNF Quebqc.ca/signetce are summ

llac Gold Proj

ern basalt bfrom 3 m to

siltstone, che amount ofn formationformer Chim

units is gicite schist a

ld Property

West depossedimentar

nded iron fovolcanic un

d by thick (

east-west (~regional schthroughout d, at least k.

ation, carbozation and hin the iron

as a strong the Chimo Mn longitudinssive arseno et al., 1987

bec with dest/classes/I1marized as f

ject – 2017 T

band) incluo 70 m in ap

hert and mf magnetite n is traceabmo Mine to L

generally stalong their

is shown in

sit consists ry unit madormation; 3nit) overlain1 m - 30 m

~ 295°), diphistosity (S2the immedone of whic

onatization silicificationformations

affinity for Mine and thnal shear zoopyrite and 7).

scription an102_indexAfollows:

Technical Rep

des at leaspparent thic

magnetite laincreasing

ble on geoLake Machi-

trongly shecontacts, es

n Figure 7.4

of: 1) massde up of gre) a central

n by; 4) thm), granodi

pping steep2) is sub-padiate vicinitych is occupi

and silicificn/carbonatiz.

areas near te Nordeau wnes in pyrrhotite

d metadataAccueil?l=a)

port 44

st three kness.

aminates towards

ophysical -Manitou

ared as specially

4.

sive and ywacke, band of

he south ioritic to

ply north arallel to y. A few ied by a

cation of zation of

the west

,

Page 45: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

Figuree 7.4: Simpplified strattigraphic cP

East Cadil

column for Property.

llac Gold Proj

the area o

ject – 2017 T

of the East

Technical Rep

Cadillac Go

port 45

old

Page 46: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

t

A

w

T

T

f

T

f

Nordeau W

Gold mineranorth to southe Trivio Gsporadic tusheared roc

Gold is founbrown tourdeformationsome amouintergrown

All reportedand dippingpreviously ebeen interspattern of t“ore grade”corridors. N25 m of pyrwestern pareferred to

The other mhave irregu#2, and 30100 m eacnorth of str

Selected bein Section referred to S

Nordeau E

The most s#2, #3) relof interbedstructures afollow stratless than 2

The minera(pyrite, pyrgarnet and 1988). Combiotitization

Structure #continues geach other further east

West: Occu

alization on uth as NorthGroup. Walffaceous ho

cks include s

nd in breccirmaline, can corridors unts of pyrwith arseno

d structures g 55-70° toestimated), ected at a the lenses ” intersecti

Neverthelessroclastic roc

art of the pas the “Main

mineralized lar continuit

0 m south oh. Sporadicuctures #1

est intervals6 of this

Section 14

ast: Occur

ignificant mated to the

dded mudstare made uigraphy andm thick on

alization conrrhotite, arsgold. Gold i

mmon alteran.

#1 was tracgenerally eafor some 13t and possib

rrence # 3

the Nordeah, #1, #2, l rocks are orizons andsilicification,

ated zones arbonates a(Jean, 1990rite, pyrrhoopyrite.

are more oo the northtransect thdepth of 60puts into qons may as, it is reporcks in the eproperty. Fon” zone.

zones (#3 ty, and incoof a graphitc intersectioand #2.

from recenreport. For

4.

rence # 32

mineralizatio upper iron tones, siltsup of gold-bd the strongaverage.

nsists in 1-senopyrite ais found as ation of wal

ced for 450 st-west for

30 m, and ably in a strat

32C/03-006

au West bloc#3) within massive to

minor gra, amphibolit

cemented wand sulphid0). Arsenopytite and tra

or less imbeh. Zones #1he Nordeau 00 m locallyuestion the

appear to brted that strastern part or this reas

and North) onsistent goic marker h

ons show th

nt drilling bythe Minera

2C/03-005

n on the Noformation

tones, greybearing, sug, regional

5% dissemand traces free grains l rocks inclu

m laterally220 m. Bo

are stratigratigraphic po

East Cadil

60 (NI 43-

ck is found shear-zoneso pillowed ophitic schis

tization, car

with grey sdes in an yrite is the aces of cha

dded into th1 and #2 (West claim

y. As pointee geological be randomlructures occof the prop

son, Zones

are less weold mineralizhorizon, hashat the Nor

y Plato on tal Resource

55 (historic

ordeau Eastof the Trivioywackes anlphide-rich E-W schisto

minated sulpof chalcopyin quartz orude amphib

y, whereas oth extend taphically lesosition simila

llac Gold Proj

-101 Miner

in 4 distincs that transor brecciatests. Commorbonatization

moky quart“en échelomajor sulpalcopyrite.

he regional (for which

m group for ed out by Jand assay

y located wcupied by Zoperty, merg #1 and #

ell understozation. Zones been definrth Zone oc

he Nordeau Estimate o

c resource)

t claim blocko Group sednd iron forquartz vein

osity, dip fr

phides or seyrite) in assr as inclusiobolitization,

structure #to a depth s than 30 mar to #1, ha

ject – 2017 T

ral Resourc

ct lenses or sect the mafed basalts on alterationn and biotiti

tz lodes, veon” patternhide constitGold is fou

schistosity historical re600 m alo

Jean (1990)continuity

within the ones #1 ane into a sin

#2 are som

od as they e #3, whichned along tccupies a po

u West occuon this dep

)

k is found idimentary rrmations. Tnlets and vrom 50º to

emi-massivsociation wions in the suchloritizatio

#2, to the sof some 20

m apart. Stras been trac

Technical Rep

ce)

zones (knowfic volcanic and andesitn processesization.

eins or veinl within thtuent (3-15und as free

striking N28eserves havng strike a), the “en eacross strikwider defod #2, separgle structur

metimes col

are poorly is south of

two traces oosition som

rrence are posit, the re

n 3 structurrocks, whichThe 3 sub

veins that g75° north,

e sulphide th quartz, ulphide mineon, silicificat

south struct00 m. They ructure #3, ced for some

port 46

wn from rocks of tes with s of the

ets with e wider %) with e grains

80-290° ve been nd have echelon” ke since ormation rated by re in the lectively

defined, f #1 and of about

me 30 m

included eader is

res (#1, h consist -parallel

generally and are

veinlets chlorite, erals (b, tion and

ture #1, parallel

which is e 240 m

Page 47: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

w A

T

“t

t

T

t A

A

T4

t

laterally andwere estima

A fourth mishear zone disseminate

Selected beoccurrence

Bateman (

There is on1990 drillinpart of the “smoky” quthin inclusiostratigraphithickness rhistorical dr3.9 gpt Au a

Simon Wes

The Simon considered and mineraof the Trivgreywackesschistosity.

In the summProject. Locexcavated arocks, was Mine, locatethe availabl

According to GM4

83.8 GM3

Insm

SIGEOM listAu for lens

Bluegrass:

This occurre450 m, flagreywacke, trace chalco

d to a depthated from q

neralized stthat transe

ed sulphides

est intervalszone are sh

(East): Occ

nly one repog campaignclaim grou

uartz veins cons and coacally. They anging fromrill-hole inteacross 5.05

st: Occurre

West occuto be the wlogical char

vio Group ss and iron foSeveral en

mer of 1987cated approxalong the codesigned to

ed approxime literature

o the SIGEO41830 - 7.18); 11.49 gp32291 - 11.3mill, 1945).

ts historical B.

: Occurrenc

ence compranked to th

argillite anopyrite. Ars

h of 150 mualifying po

tructure on ects mafic vs in carbona

s from recehown in Sec

currence# 3

orted gold on on Batemaup. Both lencontaining 2atings on thcan be trac

m 1.2 to 3ercepts from

m (GM484

ence # 32C

urrence is lwestern exteracteristics. sedimentaryormations, aechelon sty

7, Louvem uximately 1 ontact betwo intersect

mately 1 km .

OM on-line d13 gpt Au opt Au over 032 gpt Au o

“reserves”

ce 32C/03

ises quartz-he north annd conglomsenopyrite o

. As reporteortions of ea

Nordeau Eavolcanic roctized and ch

ent drilling ction 6 of th

32C/03-20

occurrence an East delinnses are as2-5% dissemhe sulphide ced for abou.9 m. Tabl

m the Batem10; GM4965

C/03-0052

located appension of thMineralizati

y rocks, whand occur ayle lenses ar

undertook thkm west of

ween the Chmineralizedto the east

database, thover 3.75 m.59 m (sam

over 0.30 m

as 67,000 t

-0050

-veins in a 1nd the sou

merate, the occurs as fin

East Cadil

ed in a prevch of these

ast carrying cks south ohloritized ro

by Plato inhis report.

005 (histor

of some signeated 2 gossociated wminated arsgrains. The

ut 100 m latle 6.11 in an East pro59).

(historic r

proximately he Chimo Mon appears hich consiss lenses pare interprete

he constructthe Chimo imo volcani

d zones 4 at. No further

he best recom (hole 83-

mple 83-1);m (sample M

t grading 6.3

1.5 m wide uth by volc

mineralizatne to coars

llac Gold Proj

vious section3 structure

erratic, lowof the iron focks with we

n the weste

ric resourc

gnificance oold mineralizith graphitisenopyrite ae two zoneterally and tSection 6

operty. The

resource)

1 km wesine horizon to be relatt of interbrallel to theed over a st

tion of an acMine (MB88c band andnd 3 west r informatio

orded assays-9); 11.45

MV1; 38.06

30 gpt for le

shear-zone canic rockstion consistse dissemina

ject – 2017 T

n, historicales.

w-grade goldformation, aell-develope

ern part of

ce)

on the Batezed lenses ic shales thand free gos are paralto a depth o

6 of this rebest record

st of the Cs as it hosted to the u

bedded mude stratigraphtrike of appr

ccess ramp 8-14). This the centraat the 125

on on this ve

s are as follgpt Au ove

g / t Au ov

ens A and 3

over a strik. Hosted wts of arsenoations asso

Technical Rep

mineral “re

d values occand contain

ed garnets.

f the Norde

eman propein the south

hat are intruld, which oclel and 10 of some 50 eport lists ted intersect

Chimo Minets similar gepper iron fodstones, silhic units anroximately 1

on the Simeast-dippinl band sedimlevel of the

enture was

ows: er 0.61 m

ver 1.52 m

34,000 t at 6

ke of approxwithin Trivioopyrite, pyciated with

port 47

eserves”

curs in a ns 1-5%

eau East

rty. The h central uded by ccurs as m apart m, with

the best tion was

e and is eological ormation tstones, d to the 1.2 km.

on West ng ramp, mentary e Chimo found in

(sample

(hole 6,

6.90 gpt

ximately o Group rite and parallel

Page 48: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

t

carbonate-atrenches.

SIGEOM list GM4

gpt A GM

gold

altered shea

ts the best r41830 - 8.90Au over 0.368973 - 19(sample K4

ar zones inje

recorded as0 gpt Au ov0 m (hole 5

9.55 gpt go482031).

ected with q

say results ver 1.50 m (5B); 1.82 gpld (sample

East Cadil

quartz. Nativ

as: (hole 1); 11pt Au over 120508), 1.3

llac Gold Proj

ve gold, is r

1.00 gpt Au 1.55 m (sam32 gpt gold

ject – 2017 T

reported in

over 0.40 mpling 7-83-d (sample K

Technical Rep

drill-core an

m (hole C4)-11); K482026), 2

port 48

nd a few

); 10.15

2.55 gpt

Page 49: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

tf T

tt

f

8.0 DEPOS

Gold mineragold occurre

1. gold (arseformmine

2. strucquarfounand

Both types to 5% whenformations.

The best intor near the the entire Ithat a mineat the ironauriferous, derived, it along the mchemical intformation.

SIT TYPES

alization on ences:

mineralizaenopyrite,

mations. Seeralization. cturally conrtz and carbd in the volminor chalc

of mineralizn in quartz

tersections contacts of

IF/country reralized hydn formation

shear-zoneis assumed mineralized teraction at

the East C

ation in sipyrrhotite

econdary q

ntrolled goldbonate veinlcanic units)copyrite; gra

zation occurveins to as

from the vaf the iron forock contacdrothermal “ horizons.

e associatedthat the clhorizon tha

t the iron-ric

adillac Gold

licified lodeand pyriteuartz vein

d mineralizas parallel to). Associateaphitic horiz

r as free gols much as 2

arious recenormation; hoct, but rathe“front” crossAs it is g

d quartz veose associaat transectsch horizons

East Cadil

d Property is

es with die) spatiallying is com

ation in alto the schistd disseminazons are com

d associated20% to 50%

t and historowever, theer appear ts-cut stratigenerally aceins in the ation betwees the East rather than

llac Gold Proj

s categorize

isseminatedy related tmmonly as

tered and stosity and sated sulphidmmon.

d with sulph% when in a

ric drilling cae mineralizeto cross-cutgraphy, depccepted tha

Cadillac Teen iron formCadillac Gon the existe

ject – 2017 T

ed into two

d to semi-to sedimenssociated w

sheared zonshear zonesdes include a

hide mineraassociation w

ampaigns ced zones aret stratigraphpositing goldt the fluidsectonic Zonmation and old Propertyence of prim

Technical Rep

types of ep

-massive sntary bandwith this t

nes with qus (most likearsenopyrite

ls ranging fwith magne

onsistently e not presehy. It is end-bearing ss that prec

ne were notgold minera

y is the resmary aurifer

port 49

pigenetic

ulphides ed iron type of

uartz or ely to be e, pyrite

from 1% etite iron

occur at nt along visioned ulphides cipitated

t locally alization sult of a ous iron

Page 50: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

A

9.0 EXPLO

Chalice is cCadillac Goprogrammeexploration

10.0 DRI

As at the da

ORATION

compiling ald Property.

e on the Prohas been ca

LLING

ate of this R

all available. As at the operty that arried out o

Report, Chal

data fromeffective dawas halted

on the Prope

ice had not

East Cadil

previous eate of this Rd prior to iterty by Chal

completed

llac Gold Proj

exploration Report, Chats completioice.

any diamon

ject – 2017 T

work complice had begon, due to

nd-drilling o

Technical Rep

pleted on tgun a soil ssnowfall. N

n the Prope

port 50

the East sampling No other

erty.

Page 51: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

wtV

t

A

w

11.0 SAM

It is the Auoperators fcommon usopinion thatwho employthe historicValidation P

For informimplementapertain to e

GM6 GM6 GM6 GM6 GM6 GM6

With respecestimate, thof Peter KaprogrammeM.Sc., P.Geinsertion ofinserted intcore sampliand one ofSamples withe remainregia digest

ALS-Chemelaboratory. quality manwith this syauditing tec

MPLE PREPA

thors’ opinioor reportingse at the timt the past eyed industrycally reporteProgramme

mation regaation of NI exploration p61314 (Bour64272 (Bour64504 (Lang65127 (Kram66369 (Lang68593 (Mano

ct to the rhe 2006-20arelse P.Geoe was carrieeo. The prof one standato the streaing programf three sepath visible going samplestion and AAS

ex LaboratoALS Cheme

nagement system, reguchniques.

ARATION,

on that the g assay resme the varioxploration py’s standarded data. Asshould be im

arding rece43-101 sta

programmesrgoin, 2004)rgoin and Cagton and Homo and Langgton and Pacon and Perre

recent drilli07 core-samo on behal

ed out undeogramme foard sample m every 40

mme entailearate gold sold were ans underwenS (atomic a

ories Ltd. oex has attaystem coveular interna

ANALYSES

sample presults prior tous historicprograms wds of their tis such, themplemented

ent sampleandards), ts carried ou); astonguay, rvath, 2009gton, 2010)checo, 2011e, 2014).

ng programmpling progf of MRB &

er the director quality cinto the sa

0 samples. Ted the randostandard sa

nalyzed by snt fire assaybsorption sp

of Val d'Or,ined ISO 9

ering all aspl audits are

East Cadil

S AND SECU

eparation, ato the implal programsere supervisime; howeve Authors rd by the inco

e preparatihe reader t since the

2007) ; 9); ; 1);

ms by Platogramme was& Associatest supervisiocontrol durmple streamThe programom insertionamples intoscreen/fire Ay/AA analyspectrometry

, Que., an 001:2000 r

pects of thee undertake

llac Gold Proj

URITY

nalytical anlementations were carrsed by expe

ver, there is recommend oming party

on analysiis referred implementa

o Gold thats carried ous, whereas

on of Jason ring the 20ms every 30mme of quan of one bla

o the samplAA (atomic sis. Silver cy).

accredited registration,e assaying pen by staff

ject – 2017 T

nd security pn of NI 43-ried out. It erienced geono guarantthat a Da

y into the pr

is and secto the foll

ation of NI 4

t were usedut under the

the 2008 Ross B.Sc.

006-07 cam0 samples aality controlank, one dule streams absorption)content was

lab, was , which requprocess. To

members

Technical Rep

procedures 101 were tis also the Aologist or entee of the qata Verificatroject.

curity (i.e.owing repo

43-101:

d for the re direct supdrill-core s and John

mpaign entaand a blankl for the 20uplicate (1/every 15 s

) methods, ws assayed b

the primaruires evidenensure com

specially tra

port 51

used by those in Authors’ ngineers uality of tion and

., post-orts that

resource pervision sampling Langton iled the

k sample 008 drill-/4 core), samples. whereas by aqua

y assay nce of a mpliance ained in

Page 52: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

T

T

tf

A

t

t

12.0 DAT

Other than used in themethods emThis simplyrather than

The GEMS software’s corrected inthe drill-holfor other presource es

After verifycalculated autilized in resource to2009 estima

12.1 Qua

Regular daanalytical lathe Nordeadata verificquality, andconsideratioprogrammetherefore no

TA VERIFIC

the reportse preparatiomployed. Qy reflects th

a lack of di

drill-hole dvalidation pn the databe data was ossible locatimation is

ing that thean MRE of Langton &

onnages andate were ap

lity contro

ta verificataboratories u West projcation findind thereforeon is furthees, have beo additional

CATION

s published on of this tuality contr

he limited aligence from

database usprograms toase by recodisplayed a

ation, deviaconsidered

ere were nothe NordeaHorvath (2

d grades asppropriate.

l

ion protocoon the dat

ject. The Aungs accepta support thr supporteden carried material wa

since 2004technical rerol methodsassessment m the histor

sed in the Mo check foonciliation wand reviewetion or simto be of acc

o validation u West dep2009)(GM64s reported

ols were caa collected uthors consably supporhe use of td by the facout since tas needed f

East Cadil

4, none of teport contais and securrequiremen

rical operato

Mineral Resr erroneous

with MRB and in 3D andilar related

ceptable qua

errors in tposit using 4504). The in 2009, co

arried out during previder that, art the geolthese data ct that no ahe previousfor further v

llac Gold Proj

the assessmin details ority procedunts and repors.

source Estims data entrnd the origid assorted p errors. Thality with no

he 2009 dathe same pre-calculat

onfirming th

by both thvious drill-c

as a result ological interin the Min

additional ds (2009) Miverification.

ject – 2017 T

ment or histof the sampures were aporting stan

mate was vries. All repnal data so

plan and sece drill-hole o significant

atabase, MRparameters ted MRE arhat the me

he project core sampliof the protorpretations neral Resourilling, nor ineral Reso

Technical Rep

torical workpling and aalso not disndards of th

validated usported erroources. Addiction views t

database u errors.

RB & Associand drill-ho

rrived at ththods used

operators ang program

ocols employand the d

urce Estimasurface expurce Estima

port 52

k reports nalytical scussed. he time,

sing the ors were itionally, to check used for

ates re-ole data he same for the

and the mmes on yed, the database te. This

ploration ate, and

Page 53: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

13.0 MIN

Other than 1960’s, thesamples fromineralizedsuccessfully

NERAL PRO

testing for re was no re

om the East material ex

y for nearly

CESSING A

magnetic coeport of mint Cadillac Goxtracted fro15 years at

AND METAL

oncentrationneral procesold Propertym the Prope the nearby

East Cadil

LLURGICAL

n of iron richssing or miny. It can beerty would r

y former Chi

llac Gold Proj

L TESTING

h material fneralogical ee reasonablyreact similaimo Mine m

ject – 2017 T

from the iroexaminationy assumed, rly to the oill.

Technical Rep

on formationn performed however, tre that was

port 53

ns in the on gold that any s treated

Page 54: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

T

T

w

14.0 MIN

The historidocumentedreserve estentirely irreregulations Estimate (Mand HorvathNo additionCadillac Gol

MRB & AssResource Edatabase westimation. completely underlying 2009 minerbeen applie

This SectionResource Eswithin ChalReport.

NERAL RESO

c resourced in the “Himates (Treelevant, as for reporti

MRE) for theh, 2009; GMnal exploratld Project, t

sociates useEstimate prwere assess

The claimssurrounded

the former ral resource d to the cur

n of the Repstimate for ice’s East C

OURCE & M

s and reseHistory” sectmblay, 198they pre-d

ng mineral e Nordeau WM64504) is ction work hhat would re

ed the Nordresented in sed, review that compd by, claimNordeau Wcalculation

rrent MRE.

port, modifiethe Nordea

Cadillac Go

MINERAL R

erves repotion of the 8; Jean, 19date NI 43resources

West depositconsidered has been caender the 2

deau West this Repo

wed and rerised the No

ms of the Eest property(Langton &

ed from Lanau West prold Property

East Cadil

RESERVE ES

rted for CTechnical

990) are con3-101 and and reservet by A. S. Hoto be accuraarried out 009 MRE ou

deposit driort. Drill-ho-validated ordeau Wes

East Cadillacy extended

& Horvath, 2

ngton & Horoject, which, as curren

llac Gold Proj

STIMATES

halice’s EaReport. Thensidered by do not comes; howeveorvath Engiate as at thon the claiut-dated or

ll-hole datale, lithologprior to itsst property c Gold Probeyond its

2009); howe

rvath (2009 represents

ntly defined

ject – 2017 T

st Cadillac ese early, ithe Author

mply with er, the 2009neering Inc

he effective ims compriinaccurate.

abase to cay and assas use for tin 2009, arperty. The boundaries

ever, no suc

), contains s the only N at the eff

Technical Rep

Gold Projnitial resou

rs and issuecurrent NI9 Mineral Rcorporated (date of thissing Chalice

alculate the ay records the 2017 rre now part

mineralizeds at the timch restrictio

an updatedNI 43-101 Rfective date

port 54

ject are urce and ers to be

43-101 Resource Langton Report. e’s East

Mineral in this

resource t of, and d zones e of the

ons have

Mineral Resource e of this

Page 55: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

A

t A

w T

t

tA

f

tfw

Il

14.1 Intr

A total of recorded in

Drill-holes oresource es333075E ancollared northe Nordeau

A total of Nordeau Wwas used fo

The Databanorthing-eletables incluSurvey Tabtypes that wArchean gemanipulatio

Digital mapused to ass

Sample asdetermined/for the samDatabase. Ithe resultinfinal Au grawas reques2008-Phaseassaying; h

It should blengths an

14.2 Drill

Table 14.1Database tcompliance Drill-holes considered

oduction

279 drill-hothe Nordea

on or proxistimation bynd 333850Erth of the fou West claim

121 drill-hoest project

or the 2017

ase is comevation) driuding a Dowble records dwere codedology. Addit

ons, such as

s of interpreist interpret

say results/entered by

me sample, In the instag assay val

ade for the sted for the

e 2 drill prowever, on

be noted tnd not true

l-hole Data

1 summarizethat were u

versus mothat pre-dacompliant w

oles from tau project G

mal to the y using a lo

E (NAD83 Zoormer Nordm block at d

oles were sclaims, creMineral Res

prised of all-hole coordwn-hole Sudown-hole d by MRB ustional tables

s assay com

eted surfacetation of the

s in the Dy MRB from the assays nces where ues were cosample. Forproject, anogram, assly the gold (

that unlesswidths.

a Validation

es the vintaused for thore recentlyate NI 43-1with NI 43-1

the former EMS® datab

former Norocation filteone 18). Theau West p

depth.

selected usieating a susource Estim

a primary hdinate data urvey Table,drill azimuthsing the Qus in the Datposites and

e geology, de drilling res

Database ithe originalwere averametallic-sc

onsidered tor the 2006 ad resulting

saying for A(Au) values

s otherwise

n

ge, total nuhe MRE. Thy completed101 are her101 are here

East Cadil

Nordeau Ebase.

rdeau West er to includis allowed t

project boun

ng the abobordinate r

mate.

header tablin UTM NAD, Lithology hs and incliebec Ministtabase havedrill-hole in

drill-hole locsults.

nclude only data source

aged to prodcreen technio supersedeand 2008-Phassays wer

Ag was disin the Data

e stated, a

umber and the table idd drill-holes rein termedein termed “

llac Gold Proj

ast and No

project wede only drillthe inclusionndary and d

ove filter torelational da

le containinD 83 Zone 1Table and

nations; thetry of Energe been consntersections

cations and

y final asse. Where mduce the finiques were ed earlier rehase1 drill cre entered iscontinued aabase were

all drill-inte

total metreadentifies ho

completedd “historic”,“recent”.

ject – 2017 T

ordeau Wes

ere selectedl-holes betwn of some ddrilled south

o define hoatabase (th

ng 3-axis (18 coordinat

Assay Tabe Lithology

gy & Mines structed to ss, with mode

property bo

signed Au multiple fire anal assay gremployed f

esults and wcampaigns, n the GEMSand replaceused for the

ervals repr

age of drill-holes that pr under NI , whereas

Technical Rep

st claim blo

d for modelween UTM drill-holes thhward, cross

les relevante “Databas

(X-Y-Z, or tes, with se

ble: the DoTable recogeologic legstore assortelled solids.

oundaries w

(gold) vaassays are rrade enterefor sample awere enteredsilver (Ag)

S database.ed by arsee MRE.

resent dow

holes presenre-date NI43-101 gudrill-holes t

port 55

ocks are

ling and Eastings hat were sing into

t to the e”) that

easting-econdary own-hole rds rock gend for ted data

were also

lues as reported

ed in the analysis, d as the analysis For the nic (As)

wn-hole

nt in the 43-101

idelines. that are

Page 56: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

Tw

T

Ff T

v

v

w

The tabulatwhereas the

MRB providnoted whethand enteredgovernmentholes, the sassay resucertificates.

The supporadequate toMineral Res

Figure 14.former prop

The 96 hist25 recent dvalidate his

Prior to anvalidation pDatabase bywas displaypossible locacceptable q

Series

N-9 to 13484-81-16, 21, 2210-484-82-30 to 48-83-01 to 04, 5A8-84-40 to 42, 42a0-1VE-1 to 7 and 9 toW87-01 to 24W88-01 to 04W90-01 to 09, 09Subtotal pre-43-PG-06-01 to 04, 0NW08-01 to 14Subtotal 43-101

Totals Nordeau W

Table 1

tion in Table remaining

ed a summher original d results. Tht assessmensource data lts. MRB’s

rting documo justify incsource Estim

1 shows a perty bound

toric drill-hodrill-holes atoric results

ny calculatioprograms to y reconciliatyed and revcation, devquality with

2, 26 to 2943

A, 5B, 6 to 12a, 43

o 14

9B101 Compliance04A, 05 to 09, 21

Compliant

West DDHs

4.1: Summ

le 14.1 indi 25 drill-hol

mary listing or copies o

he source font files and included coaudit did

mentation fluding all of

mate.

plan view ary of the N

oles are shore well dists.

ons being ccheck for e

tion with MRviewed in 3

viation or s no significa

S

Vintage

1957-58198119821983198419841985198719881990

20062008

mary of Dri

icates that 9les (i.e., 20

of the sourf original asor all data uinternal com

opies of somnot necess

or historic f the drill-ho

of the 121 Nordeau We

wn in blackributed alon

carried out,erroneous dRB and the 3D, and assimilar relaant errors.

Summary of DDH

# of Holes

57

141351

13244

1096111425

121

East Cadil

ill-holes in

96 of the 1.7%) are “r

ces for the ssay certificused in the mpany recome or all asssarily inclu

drill-hole doles in the D

drill-holes st project c

k and the 25ng the exte

, the Databata entries.original dat

ssorted planted errors.

Hs in Nordeau We

# of meters Com

989 Nord1,181 Soqu2,594 Soqu2,671 Soci1,003 Soci

194 Gold7,948 Gold4,721 Mine1,279 Mine5,164 Mine

27,7444,981 Plato8,551 Plato

13,532

41,276

llac Gold Proj

Nordeau W

21 drill-holeecent”.

historic assates are avaDatabase i

ords. For all say certificade an acc

data and sDatabase th

selected folaims.

5 recent drients of the h

base was v. All reporteta sources. An and secti The Data

est Database

mpany

deau Mining Co. Luemuemete Miniere Louveete Miniere Louve

den Pond Resourcden Pond Resources Vaquelin Lteees Vaquelin Lteees Vaquelin Ltee

o Gold Ltd.o Gold Ltd.

ject – 2017 T

West Datab

es (i.e., 79.

say data in ailable to vais reported but 18 of t

ates in suppounting of

sample assahat was ultim

r resource

ill-holes arehistoric drill

validated used errors weAdditionallyion views, base is co

Data Source

td. GM06036GM37746, GMGM39230

em Company Reem Company Reces GM42328ces GM42328

GM47403GM48424GM49867

Company ReCompany Re

Technical Rep

base

.3%) are “h

the Databaalidate the rby MRB to the 96 histoport of the r

all histori

ay results mately used

estimation

e shown in rling to supp

sing the soere correctey, the drill-hto check fo

onsidered to

Assay C

partialM39230 yes

yesport partialport no

partialnoin hardcin hardcin hardc

port yesport yes

port 56

historic”,

ase, and reported be from

oric drill-reported c assay

appears d for the

and the

red. The port and

oftware’s ed in the ole data or other o be of

Certificates

copy reportcopy reportcopy report

Page 57: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

Figure 14.1: Plan maap of former N

East Cadillac Go

Nordeau West

old Project – 201

t property lim

7 Technical Repo

mits & drill-hol

ort 57

les used to caalculate the MMRE

Page 58: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

t

F

14.3 Assa

Geostatisticthe historicResults are

Univariate s

Histogram spopulation cbelow-detecpopulation-v

Figure 14.2assays at Nalong the g

BackgroundMixed/ThresMineralized High-grade Nugget/Erra

Four (4) sarequire specompositing

ay Geostat

cs were comc drill-holespresented h

statistics we

statistics focontains a sction-limit (variance vaTable 14.2

2, a log-norNordeau Weraph and su

d/Waste Popshold PopulaPopulation Population

atic Populat

mples gradcial consideg and resou

istics

mpleted on ts demonstraherein.

ere complete

r the 10,06significant n(Table 14.lues for the2: Univaria

rmal probabst may be s

ummarized a

pulation - ation – – – ion -

ing from 72eration; the rce estimati

All DDH

MinimumMaximumNumber oTotal Num

MinimumMaximumNumber oClass Int

MinimumMaximumTotal Pop

Mean Median StandardVarianceCoefficie

he drill-holeates any b

ed for all Au

7 sample renumber of w2). This is collective s

ate Histogr

bility plot of sub-populatas follows:

2.5 to187.9 grade for t

ion.

H Raw Au Ass

Nord

m Cutoff Value m Cutoff Value of Samples <=0 mber of Samples

m Histogram Valum Histogram Valuof Class terval

m Population Datam Population Datpulation

d Deviation e nt of Variation

East Cadil

e sample asias in com

u assays fro

esults in thewaste sampl

reflected isamples. ram Statist

all Au assay

ted, as defin

gpt Au arethese 4 sam

says Histogra

deau West

3

s Used 10

ue ue

a point ta point 1 100

Ungrouped D 0.403649 N/A 2.845252 8.095457 7.048820

llac Gold Proj

ssay data tomparison to

m the 121 d

e Database les (n=3,12in the skew

tics – All Au

ys, shows tned by the

01

e consideredmples was c

am Statistics

0.00187.90

31280067

0.00100.00100 1.00

0.00187.90067

Data Grouped D 0.783893 0.542403 2.533306 6.417638 3.231699

ject – 2017 T

o determine data from

drill-holes a

indicate th28) with golwed mean-v

u Assays (

hat the entichange in

<0.10 g0.10 to 1.5 g1.5 to 10.0 g10.0 to 55 g

>55 g

d to be nugcut to 60 gp

ata

Technical Rep

whether darecent dri

t Nordeau W

at the totald-grades ofversus-med

(uncut)

ire populatioslope of the

gpt Au gpt Au gpt Au gpt Au gpt Au

gets, and thpt Au prior t

port 58

ata from ill-holes.

West.

l sample f zero or dian and

on of Au e linears

herefore to assay

Page 59: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

T

t T

T

The Au asspopulationsthese Au as

The histogrholes (Tabapproximathole subposubpopulatismall dispasubpopulatisubpopulati

The historicconsidered provided th

Figure 1

say data wa. Tables 14

ssay subpop

rams of Au ble 14.4) dely 2/3 of t

opulation. Ton are slig

arity is attron that aron is 45.9 g

c drill-hole Arepresenta

e 4 extreme

0.01

0.60

11.06

50.00

88.94

99.40

99.99

100.00

Pro

ba

bil

ity

0.001

Software By Ge

All Raw Au Ass

14.2: Log-n

as sub-popu4.3 and Ta

pulations, re

sub-populatdemonstratehe assays in

The mean ghtly higher

ributable prre above 5gpt Au.

Au assays shtive and se values in t

0.010

emcom

says ND West

Waste

<0.10 gp

normal prob

ulated into able 14.4 pspectively.

tions for the distribution the historgrade, medthan those

rimarily to 55 gpt Au

how no appauitable for the historic

0.100

LOG Norm

All DDH

Nor

e

t Au

0

East Cadil

bability plo

historic driprovide the

e historic dons that aric drill-holedian, and ve of the rethe 4 extre. The high

arent bias vinclusion idata are cu

Real Value

1.000

mal Probabi

Raw Au Ass

rdeau West

Mixed

0.10 – 1.5 gpt Au

llac Gold Proj

ot – all Au

ll-hole and summary h

drill-holes (Tre similar subpopulat

variance ofecent drill-heme Au ashest Au as

versus the rn results ut to a maxim

0 10.0

ility Plot

says

Mineralized

1.5 – 10.0 gpt Au

ject – 2017 T

assays (un

recent drilhistogram st

Tables 14.3to the totation and 1/3f the historole assay s

ssays withinssay in th

recent drill-hused for remum value

000 100

High Grade

10 - 55 gpt Au

Nu

> 55

4 s

Technical Rep

ncut)

l-hole samptatistics for

3) and receal populatio3 in the receric drill-holesubpopulation the histoe recent d

hole assays esource estof 60 gpt A

0.000

uggets

5 gpt Au

samples

port 59

ple sub-each of

ent drill-on, with ent drill-e assay on. This ric data drill-hole

and are imation,

Au.

Page 60: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

Tabl

Tab

le 14.3: Un

ble 14.4: Un

Pr

43

MMNTo

MMNC

MMTo

MMStVaCo

nivariate H

nivariate H

e-43-101 D

Minimum CutMaximum CuNumber of SaTotal Numbe

Minimum HisMaximum HisNumber of CClass Interva

Minimum PopMaximum PoTotal Populat

Mean Median Standard DevVariance Coefficient of

3-101 DDH

inimum Cutoaximum Cutoumber of Saotal Number

inimum Histoaximum Histumber of Clalass Interval

inimum Popuaximum Popotal Populatio

ean edian tandard Deviariance oefficient of V

Histogram S

Histogram S

DDH Raw A

Nor

toff Value utoff Value amples <=0

er of Samples

stogram Valuestogram Valulass

al

pulation Dataopulation Datation

Un viation f Variation

H Raw Au A

Nor

off Value off Value mples <=0 of Samples

ogram Valuetogram Valueass

ulation Data pulation Dataon

iation

Variation

East Cadil

Statistics fo

Statistics f

u Assays U

rdeau West

Used

e ue

a point a point

ngrouped Dat 0.4251 N 3.2328 10.4512 7.6035

Assays Un

deau West

Used

e e

point a point

Ungrouped 0.35874 N 1.7826 3.1779 4.9692

llac Gold Proj

for “Histori

for “Recen

Univariate

t

0.0 187.9 2448 6805

0.00 100.00 100 1.00

0.00 187.90 6805

ta Grouped 74 0.798

N/A 0.543836 2.842231 8.07764 3.561

nivariate S

t

0.00 45.90 680 3262

0.00 100.00 100 1.00

0.00 45.903262

d Data Grou46 0.754/A 0.539

693 1.71893 2.953

231 2.27

ject – 2017 T

ic” Au Assa

t” Au Assa

Statistics

00

Data8009387821457790546

tatistics

uped Data44459352844130387754

Technical Rep

ays (uncut)

ays (uncut)

port 60

)

)

Page 61: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

F

T

Further anaa result of Figure 14.3

Table

The statisticrange fromintervals arcompositingany potentia

alysis was covarying sam3 the histog

14.5: Univ

cs (Table 1<10 cm to

re 1.5 m, g interval ofal bias in th

Figure 1

Fre

qu

ency

%

0

0.05

0.10

0.15

0.20

0.25

Soft

All A

ompleted tomple lengthgram plot of

variate Hist

14.5) show o 8 m. Theand nearly

f 1.5 m is she sample gr

14.3: Histo

Minimum HMaximum HNumber of Class Interv

Minimum PMaximum PTotal Popul

Mean Median Standard DVariance Coefficient

All DDH

0 1.00 2.00

5

0

5

0

5

tware By Gemcom

Au Assay Interval Lengths ND

o investigatehs. Table 1f sample int

togram Sta

the mean ae histogram y 99% of suggested inrade that co

ogram plot

Histogram ValuHistogram ValClass val

Population DatPopulation Dalation

Deviation of Variation

H Au Assay

Nor

00 3.00 4.00

Norm

DWest

East Cadil

e potential b14.5 provideerval length

atistics – A

and median plot (Figu

sample inten order to nould result f

– all assay

ue lue

ta point ata point 1

Ungrouped 0.968 0.481 0.231 0.497

y Sampe Int

rdeau West

Real Value

5.00 6.00

mal Histogram

llac Gold Proj

bias that maes the sumhs for all dri

All Assay Sa

sample inture 14.3) reervals rangenormalize refrom varying

y sample in

0.00 10.00 40 0.25

0.030 8.00000010067

d Data Group8260 1.01N/A 1.00

1309 0.491658 0.247086 0.48

terval Leng

t

7.00 8.00

m

ject – 2017 T

ay be introdmmary histog

ll-hole assa

ample Inte

terval lengtheveals the e from 0.2esults and eg sample len

nterval len

0

ped Data9954

05092988104881289052

gths

9.00 10.00

Technical Rep

duced in thegram statisys in the Da

erval Lengt

h to be 1 mmajority of

25 m to 1.essentially engths.

ngths

port 61

data as tics and atabase.

ths

m, with a f sample 5 m. A

eliminate

Page 62: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

t A

w

f

t T

A

tt

T

v

t

14.4 Geo

Within the majority of zone(s). A only within

NOTE: Althothe “meta”

A series ofbetween UTwere used 333850) arformer Norboundaries restricted to

In addition,1000 m, wegeology (i.e

Drill-hole prthe establis

The drill-hointerpolatiolimits of thintersectionexpanded to

Several lithlithology dainterpreted

A major str-65º towardthe main Cathe S-V Fauand wire-fraFault contac

Two distincsedimentaryvolcanic conof interveniproject claim

Polygons wethe upper aeach sectiosediments.

logy & Min

total sampthese sam

mineralized the defined

ough all of tprefix has b

f 21 north-TM Eastingsin areas wi

re approximrdeau Westat half the

o respect th

, a series ofere createde., oriented

rofiles werehed plans a

ole collar cn net) surf

he former Nn points weo cover the

hological unata and demsurface geo

uctural contds 020º acradillac Tectoult drill-holeamed to genct surface w

ct horizons y rocks fromntact. The Iing sedimenms, and dow

ere digitizedand lowermoon were tiedThe upper l

neralized zo

ple populatimples likely

zone mode zones of m

the rocks debeen omitte

-south oriens 333075 ath fewer dr

mately coincit project cdistance to

e property

f 21 plan vie, and a singapproximat

e establishedand sections

coordinates face of topoNordeau Weere used tolimits of the

nits and gemonstrate oology.

tact betweeoss the immonic Zone, le intersectionerate a 3D

was clipped a

of strongly m a few meF horizons vnts. The unwn-dip to de

d on each oost contactsd and wire-imit of the I

one Interp

on, approxoccur in ba

el was intermineralizatio

escribed in td for simplic

nted cross-nd 333850.rill-holes. Thident with tclaims, respo the adjaceboundaries.

ews, spacedgle longitudtely east-we

d to displays, and in 3D

and elevaography. Thest project o create a e former pro

eological feobvious con

en sedimentmediate areaocated apprn points on

D surface TINagainst the

magnetic,tres to 50+

vary from a nits appear epths over 1

of the 21 cros of the IF -framed to IF solid was

East Cadil

pretation &

imately 1/3arren rock preted and n, and is rev

this section city from th

-sections, s. Occasionahe “end” sethe westernpectively. Eent sections

d at 50 m indinal sectionest) was gen

y the drill-hmodels.

ations werehe topograpclaims. Sim3D bedrockoperty.

eatures are ntinuity acro

ary and vola. This controximately 1each of the

N of the S-Vbedrock top

oxide iron m stratigrafew metresto parallel

1000 m.

oss sectionshorizons, reproduce a

s clipped aga

llac Gold Proj

& Modelling

3 have gradoutside theconstructedviewed here

of the Repoe rock desc

spaced at 2l 50 m, anections (i.e.n and easteEach sectios excepting

ntervals fron, perpendicnerated alon

ole traces,

e used to phic surfacemilarly, the k topograph

consistentoss all sect

canic rockstact is interp1 km north.e vertical crV Fault contpography su

formation (aphically bels to 20+ m tthe S-V Fa

s using the espectively.3D solid T

ainst the be

ject – 2017 T

g

des below e limits of dd to allow sein.

ort have beecriptions.

25 m intervd one 75 m, Section 3

ern propertyon’s width

the end se

m surface (cular to theng UTM Nort

lithology an

create a 3e was expadrill-hole o

hy surface

tly identifieions, and c

(the so-calpreted to be. A polyline ross sectiontact. The upurface.

(IF) occur ilow, but strthick, with aault across

drill-hole in The IF sec

TIN of the edrock topog

Technical Rep

detection ldefined minelection of

en metamor

vals, were m, section s333075 and y boundarieis defined

ections, whi

(0 m) to a de indicated sthing 53195

nd assay re

3D TIN (tranded to cooverburden-

that was s

d in the dcorrelation w

led S-V Faue a splay fawas digitizes, tied in pl

pper limit of

n the hangructurally abapproximatethe Nordea

tersection pction polygoIF and integraphy surfa

port 62

imits. A neralized samples

rphosed,

devised spacings Section

s of the by the

ch were

depth of strike of 500.

esults on

riangular over the -bedrock similarly

drill-hole with the

ult), dips ult from ed along lan-view the S-V

ing wall bove the ely 10 m au West

points at ons from ervening ace.

Page 63: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

A

t

T

t

w At

Atw

w

w

F

A sequenceFault contacthe southeinterpreted

The volcandistances. Cthe same Interpretatinumerous fwithin the f

Approximattalc-chloriteinterpreted S-V Fault. parallel, div

All mineralithe S-V Fauwithin the v

Drill-hole asand cut-off were modelof appareninspected awhen possib

Mineralizatidips nearly shearing, aarsenopyritedeformationen-echelon strike and disruption/tgeological m

Figure 14.4isometric pl

of mafic toct. The seq

ern fault difrom drilling

ic units soCorrelation ovintage, ason of the fault offsetsault bounde

tely 100 m e and/or grto represenAdditional s

verging and/

zed zones iult and the svolcanic stra

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bounded blorface, but nwith the

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ne that stripresence o

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Page 64: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

M

Figure 14

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old Project – 201

n-dip view – g

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Page 65: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

Figure 14.5

Oxide 20 - 40+m

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Page 66: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

F

Tfw

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Figure 14.section view

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Page 67: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

T

t

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14.5 Mine

The mineramineralizedthe definedassays occu

Table 1

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Table 14.7within the li

Table

eralized Zo

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ur within the

14.6: Univa

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14.7: Univ

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variate His

Minimum CMaximum Number ofTotal Num

Minimum HMaximum Number ofClass Inte

Minimum PMaximum Total Popu

Mean Median Standard DVariance Coefficien

Minimum HisMaximum HisNumber of CClass Interva

Minimum PopMaximum PoTotal Popula

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s & Compos

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d zone assa. The variansult of varie

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stogram Sta

Cutoff Value Cutoff Value f Samples <=

mber of Sampl

Histogram VaHistogram Vaf Class rval

Population DaPopulation D

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Deviation t of Variation

stogram Valuestogram Valu

Class al

pulation Dataopulation Datation

U viation f Variation

East Cadil

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tistics – Mi

ay populationce and coefed sample le

nivariate staones.

atistics – M

0 es Used

alue alue

ata point Data point

Ungrouped 2.31 5.01 25.17 2.16

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atistics for

Mineralized

0.00 60.00 19 919

0.00 60.00 60 1.00

0.00 60.00 919

d Data Grou2345 2.4 N/A 1.0

17249 4.972789 24.669767 2.0

0.000000 4.000000 20 0.200000

0.090000 3.050000 919

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ject – 2017 T

-hole assaysAu assays

19 (i.e., les

Zone Au A

pt Au, signiariations are

sample ass

d Zone Sam

ped Data417301029570967766678698

055087

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s within thewithin the

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Assays (unc

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Page 68: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

F

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A

Figure 14.defined min

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The histograre generalfrom <10 ccomposite ivariable sam

Prior to comgrade and la list of thewireframe s

There are 8average intan average of 2.4 m an

Assays wermineralizedgpt Au wehistogram Compositinglength (<1.

7 is a normneralized zon

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re composi zone solid re used fostatistics fog started at5 m) at the

Fre

qu

ency

Co

un

t

00

50

100

150

200

250

Softwa

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: Histogram

cs shown inwith a mea

Figure 14.71.5 m was ss.

he assays ch drill-holele intersectiosites were

ites from thngth of the .78 gpt Au. grade of 2.2

ted on 1.5(i.e., withinr the compor the 1.5 t the upper lower conta

0.40 0.80

are By Gemcom

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within the e intersectioions and thecalculated u

he Main ZoMain Zone The B Zone

22 gpt Au.

5 m equal n the intervposite calcu

m equal-lr contact of act of the in

0 1.20 1.60

Norm

East Cadil

ample assay

ineralized

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Real Value

2.00 2.40

mal Histogram

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any possible

on 1.5 m ulated and rd composite u assays cu

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erably narro

engths within Table 14

able 14.9mposites (n=ections and was retained

2.80 3.20

m

ject – 2017 T

engths with

ple interva

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equal lengreviewed. Tagrades and

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3.60 4.00

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hin the limit

al lengths

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ths, the coTable 14.8 pd lengths wipt maximum

mineralizatitrue thicknen average th

fined limits Au assays cuummary unt were gensually odd,posite point

port 68

ts of the

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1.6 m. A e highly

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.

Page 69: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

Table 14

Main ZonHole Zo 10-484-82-30 Ma 10-484-82-31 Ma 10-484-82-32 Ma 10-484-82-35 Ma 10-484-82-36 Ma 10-484-82-38 Ma 10-484-82-40 Ma 10-484-82-41 Ma 10-484-82-42 Ma

10-484-82-43 Ma 484-81-21 Ma 484-81-27 Ma 484-81-28 Ma 8-83-01 Ma 8-83-02 Ma 8-83-03 Ma 8-83-04 Ma 8-83-05B Ma 8-83-06 Ma 8-83-07 Ma 8-83-08 Ma 8-83-11 Ma 8-83-12 Ma 8-84-40 Ma 8-84-41 Ma 8-84-42 Ma 8-84-43 Ma N-12 Ma NW08-01 Ma NW08-02 Ma NW08-03 Ma NW08-04 Ma NW08-05 Ma NW08-06 Ma NW08-07 Ma NW08-08 Ma NW08-09 Ma NW08-10 Ma NW08-11 Ma NW08-12 Ma NW08-13 Ma PG-06-01 Ma PG-06-02 Ma PG-06-03 Ma

Average Ma

4.9: Univari

e DDH Intersectionne Interval

ain 1.48ain 5.73ain 3.54ain 4.86ain 12.04ain 11.12ain 7.24ain 10.74ain 3.10

ain 4.67ain 4.50ain 4.50ain 4.71ain 7.84ain 3.53ain 3.22ain 7.73ain 7.05ain 1.84ain 5.31ain 28.14ain 5.99ain 5.43ain 7.25ain 46.09ain 17.68ain 7.46ain 3.10ain 8.00ain 2.95ain 4.26ain 18.95ain 6.30ain 8.64ain 8.05ain 7.40ain 2.20ain 10.15ain 2.55ain 5.70ain 7.05ain 14.12ain 11.62ain 10.50

ain 8.28

Table 1

iate Histog

nsAu gpt

17.675.152.240.645.610.800.540.722.04

0.797.451.001.101.560.721.990.851.540.900.741.620.480.940.900.731.160.642.471.732.253.710.771.185.574.361.680.922.920.890.592.771.491.811.61

1.78

Minimum CMaximum CNumber of Total Numb

Minimum HMaximum HNumber of Class Inter

Minimum PMaximum PTotal Popu

Mean Median Standard DVariance Coefficient

14.8: Miner

gram Statis

Main ZHole PG-06-04A PG-06-05 PG-06-06 PG-06-06 PG-06-07 PG-06-08 PG-06-09 PG-06-21 VE-1

VE-3 VE-4 VE-7 W 87-01 W 87-02 W 87-03 W 87-04 W 87-05 W 87-06 W 87-07 W 87-08 W 87-10 W 87-11 W 87-13 W 87-14 W 87-15 W 87-17 W 87-19 W 87-20 W 87-20 W 87-21 W 87-22 W 87-23 W 87-24 W 88-01 W 88-02 W 88-03 W 88-04 W 90-02 W 90-05 W 90-06 W 90-07 W 90-08 W 90-09 W 90-09B

Cutoff Value Cutoff Value Samples <=0

ber of Samples

Histogram ValuHistogram ValuClass

rval

Population DataPopulation Dat

ulation

Deviation of Variation

East Cadil

ralized Zon

stics – Minecut)

Zone DDH IntersectZone Inter

Main 13 Main 15 Main 18 Main 10 Main 17 Main 7 Main 11 Main 6 Main 12

Main 3 Main 4 Main 4 Main 1 Main 0 Main 4 Main 7 Main 3 Main 7 Main 2 Main 1 Main 2 Main 3 Main 0 Main 3 Main 1 Main 3 Main 18 Main 11 Main 11 Main 2 Main 4 Main 2 Main 10 Main 7 Main 17 Main 8 Main 7 Main 3 Main 10 Main 17 Main 6 Main 11 Main 1 Main 3

s Used

e ue

a point ta point

Ungrouped D 2.0648 N 4.0039 16.0313 1.9390

llac Gold Proj

ne Compos

eralized Zo

tionsrval Au gpt3.05 1.095.50 1.258.30 1.670.50 1.627.40 5.087.15 0.74

.50 0.456.00 2.252.99 1.25

3.35 0.464.27 2.264.09 1.87

.00 2.680.90 4.604.50 1.357.00 1.213.60 0.617.10 0.322.50 1.35

.60 1.732.50 1.093.00 0.990.80 4.523.42 3.94

.80 0.833.10 1.718.00 2.14

.70 6.24

.91 1.632.10 2.314.60 3.082.00 2.090.30 1.437.80 0.647.60 0.818.24 1.547.15 0.443.08 1.880.30 0.947.80 5.566.90 3.57

.21 1.91

.50 2.443.49 4.95

0.00 60.00 17 517

0.00 60.00 60 1.00

0.00 60.00517

ata Grouped 848 2.1054N/A 1.0375911 3.9727304 15.782083 1.8869

ject – 2017 T

sites

one 1.5 m

B Hole10-484-82-3310-484-82-3410-484-82-38484-81-16 484-81-27 8-84-40 W 87-02 W 87-05 W 87-09

Average

Data416500709413900

Technical Rep

Composite

Zone DDH IntersecZone Int

3 B4 B8 B B B B B B B

B

port 69

es (Au

ctionsterval Au gpt

1.41 1.853.37 1.490.07 1.544.76 2.452.05 2.990.93 1.471.50 1.194.10 1.283.30 4.15

2.39 2.22

Page 70: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

T

v

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The statisticm compositvariance ansample pop

Figure 14.8

The log-norset that can

Internal WaMixed InterMineralized High-grade

The composgpt Au thatgrade interppopulation o

Figure 14.8

1

Pro

ba

bil

ity

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8 is a log-n

rmal probabn be charact

aste Populatnal Waste/LPopulation Population

site geostatt are uniqupolation ranof samples.

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0.10

L

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0

LOG Norm

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East Cadil

rate a reduclids comparo significanttion of samp

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ence of a higmineralized ed during re

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mal Probab

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ject – 2017 T

rade of 2.11ndividual as. The reducgrade interp

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Technical Rep

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ons within t

gpt Au gpt Au gpt Au gpt Au

f samples abesults suggthe high-gra

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port 70

r the 1.5 ever, the e of the

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ade sub-

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Page 71: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

T

A

t

T

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14.6 Assa

The mineraTable 14.8A 10 m x 1zone, as shthe cells foselected to shows the mineralized

Figure 14

The mineracorrelate wtrends in thwith the intthe northwe

ay Compos

alized zone 8 were conto10 m grid cown in Figur contourinallow the dresults for zone.

4.9: E-W lo

alized zone with geologihe data: 1) terpreted faest.

10

00m

site Grade x

intersectionoured on a cell dimensiure 14.6. Ag based ondata to genethe Au com

ongitudina

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DDH

x Thicknes

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East Cadil

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Page 72: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

V

F

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A

14.7 Vari

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Figure 14.composites

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Length Au A

own-Hole L

14 18

Linear

14 18

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23 27

r Semi-vario

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23 27

r Semi-vario

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23 27

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ogram

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ogram

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of distance best spaced ariance at th

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Page 73: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

v

v

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3D directiondirections variograms influence. Fvariograms

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milarly orien75 m and

90 120

3D Se

NDW15mcmps

90 120

3D Se

NDW15mcmps

90 120

3D Se

NDW15mcmps

ength Au As

mni Directio

East Cadil

emi-variog

rated in 10ºTwo spec

odels, and t13 display -30º, and A

trate rangesallow easteouring and n correspon

al correlatioas indicate

from the doMain zone. Cd from the 3e two directused; howevnted search intermediat

Range [m]

150 180

emi-variogra

s Omni Directio

Range [m]

150 180

emi-variogra

s Omni Directio

Range [m]

150 180

emi-variogra

s Omni Directio

ssay Comp

onal Semi-V

llac Gold Proj

gram – 1.5

º incrementsific directiothat were iresults of

Az 270º dipp

s from 70 merly plunge geological nds with the

on of gold vaed by the omown-hole linCorrelations3D directiontions are never, variogr ellipses eate axis with

210 240

am

nal (10m lag)

1) Nugget Effe

2) Spherical( 5

210 240

am

nal (10m lag)

210 240

am

nal (10m lag)

1) Nugget Effe

2) Spherical( 5

posites (Au

Variogram

ject – 2017 T

5 m compos

s of azimuthons were fndicative ofthe mode

ping -60º, re

m to near 80of one of

modelling (e north-wes

alues for dismni-directioear variogra

s for distancnal specific ear normal raphy did nach with loh the globa

270 300

ect( 0.68)

51.17, 0.46)

270 300270 300

ect( 0.68)

51.17, 0.46)

cut 60 gpt)

Technical Rep

sites (Au c

h and dip tofound to gf greater ralled 3D direspectively.

0 m. The Azf the highe(see Figuresterly plung

stances up onal variograam is only 4ces up to 7variographyto one anot

not support ong axis all range of

port 73

cut)

identify generate anges of rectional

z 090º -er grade e 14.9). e of the

to 50 m am. The 4 m and 5 m are y: 1) Az ther and a 75 m ong the 50 m is

Page 74: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

Fig

Fig

gure 14.12:

gure 14.13:

Gam

ma

(H)

0.6

1.2

1.8

2.4

3.0

Gam

ma

(H)

0.6

1.2

1.8

2.4

3.0

Gam

ma

(H)

0.6

1.2

1.8

2.4

3.0

Gam

ma

(H)

0.4

0.8

1.2

1.6

2.0

Gam

ma

(H)

0.4

0.8

1.2

1.6

2.0

Gam

ma

(H)

0.4

0.8

1.2

1.6

2.0

: 3D direct

: 3D direct

0 30 60

60

20

80

40

00

Software By Gemcom

0 30 60

60

20

80

40

00

Software By Gemcom

0 30 60

60

20

80

40

00

Software By Gemcom

1.5m Equal

1.5m Equa

0 40 80

40

80

20

60

00

Software By Gemcom

0 40 80

40

80

20

60

00

Software By Gemcom

0 40 80

40

80

20

60

00

Software By Gemcom

tional semiAz 09

tional semiAz 27

60 90 120

3D S

NDW15mcm

*

60 90 120

3D S

NDW15mcm

60 90 120

3D S

NDW15mcm

*

l Length Au A

Az 090 Dip -3

al Length Au A

Az 270 Dip -6

80 120 160

3D Se

NDW15mcmps

80 120 160

3D Se

NDW15mcmps

80 120 160

3D Se

NDW15mcmps

East Cadil

i-variogram90º Dip -30

i-variogram70º Dip -60

Range [m]

150 180

Semi-variogram

mps Az 090 Dip -30

Range [m]

150 180

Semi-variogram

mps Az 090 Dip -30

Range [m]

150 180

Semi-variogram

mps Az 090 Dip -30

Assay Compos

0 (Shallow NE

Assay Compos

60 (Steep NW

Range [m]

200 240

emi-variogram

s Az 270 Dip -60 (15

Range [m]

200 240

emi-variogram

s Az 270 Dip -60 (15

Range [m]

200 240

emi-variogram

s Az 270 Dip -60 (15

llac Gold Proj

m – 1.5 m c0º

m – 1.5 m c0º

210 240 2

m

(15m lag)

1) Nugget Effec

2) Spherical( 69

210 240 2

m

(15m lag)

210 240 2

m

(15m lag)

1) Nugget Effec

2) Spherical( 69

sites (Au cut 6

E Plunge)

sites (Au cut 6

Plunge)

280 320 3

m

5m lag)

1) Nugget Effect( 0

2) Spherical( 77.55

280 320 3

m

5m lag)

280 320 3

m

5m lag)

1) Nugget Effect( 0

2) Spherical( 77.55

ject – 2017 T

composites

composites

70 300

ct( 0.00)

9.97, 1.98)

70 30070 300

ct( 0.00)

9.97, 1.98)

60 gpt)

60 gpt)

60 400

0.18)

5, 0.93)

60 40060 400

0.18)

5, 0.93)

Technical Rep

s (Au cut)

s (Au cut)

port 74

Page 75: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

T

A

T

T

Ttt

Awv

The two ellintermediat

Orientation 1st Rotation1st Rotation2nd RotationDip-60º)

Search Ellip Int

Search Ellip Int

14.8 Bloc

A block moNordeau We

The block m

Block modeNo Block MoBlock cell dNo. of ColumNo. of RowsNo. of Leve

Within the b

Rock (Miner

The Main Zblocks that blocks withi

The mineratreatment wthe minerazone codedcode 25), ablocks repre

Percent Bloc

A Percent bwithin the volumetric a

lipses are de axis as fo

by Z-X-Z R about Z ax about X ax

n about Z ax

pse 1 - Princtermediate A Tertiary Ax

pse 2 - Princtermediate A Tertiary Ax

ck Modellin

del project est project a

model geome

el origin – UTodel Rotatioimensions –mns – 160 (s – 320 (N) ls – 210 (El

block model

ralized zone

Zone and B occurred w

in the Main

lized zones was requiredlized zones Rock blocknd 2,203 blesent the m

ck Model

block modelmineralizedand resourc

defined by llows:

Rotation of Axis -10º (orxis -65º (orxis 30º (o

cipal Axis Axis xis

cipal Axis Axis xis

ng & Grade

was establiarea.

etry is summ

TM x=3330on (i.e. x=E,– 5 m (E), 2(E)

)

project a s

e) Block Mod

Zone solidswithin the reZone and 2

solids wered. No additiblocks req

k model. A locks were a

maximum nu

was establd zones solce reporting

a single or

Axis rient x-axis rient y-axis orient x-axis

Estimatio

ished in the

marized as f

50 (Easting, y=N, z=El.5 m (N) , 5

eries of bloc

del

s were usedespective m6 to blocks

e clipped agional rock c

quire grade total of 11

assigned to mber of blo

lished and pids. The Pe.

East Cadil

ientation an

at strike Azdown dip)

s rake to Az

AA

AA

n Paramet

e GEMS soft

follows:

), y=53194) 5 m (El)

ck models w

d to select ineralized zwithin the B

gainst the bcoding was

estimation.0,969 blockthe B Zone

ocks that cou

populated wercent bloc

llac Gold Proj

nd reversin

z 100º)

z 090º Dip-3

Az 090º DipAz 270º DipAz 190º Dip

Az 270º DipAz 090º DipAz 190º Dip

ters

tware syste

00 (Northin

were establi

and assignzones. A rocB Zone.

bedrock toporequired for. Figure 14ks were asse (rock codeuld be grade

with the calck model w

ject – 2017 T

g the range

30º and y-a

p -30º Rangp -60º Rangp -25º Rang

p -60º Rangp -30º Rangp -25º Rang

em to cover

ng), z=5400

shed to stor

unique intck code of 2

ographic sur the rock b4.14 displasigned to the 26). The ae estimated

culated percas used to

Technical Rep

es of the lo

xis rake to

e 75m e 50m ge 4m

e 75m e 50m ge 4m

r the extent

0 (Elevation)

re various d

teger rock c25 was ass

urface so noblock modelays the minhe Main Zonaggregated d.

centages foo weight blo

port 75

ong and

Az 270º

ts of the

)

data.

codes to igned to

o further as only

neralized ne (rock 113,172

or blocks ocks for

Page 76: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

A

A

Figure

Grade Block

A grade bloand grade i

Grade Estim

A search/int

Points Used

Blocks Estim Bl

Search Type

Minimum NoMaximum NMaximum NMaximum N

Be

10

00m

e 14.14: 3D

k Model

ock model wnterpolation

mation Param

terpolation

d for Estimat Au cu Store

mated - Bloclocks with R

e – Octanct

o. of SamplNo. of SampNo. of SampNo. of Samp

DDH Interse

drock Surface

D E-W long

was establisn profiles de

meters

profile was

te - 1.5 m aut to 60 gpt ed with resp

cks with RocRock Code 2

sub-divided

es -1 for Inles - 24 les per Holeles per Octa

ection Grade

e

gitudinal se

shed to storetailing the c

established

assay compomax beforeective mine

ck Code 25 6 estimated

d Ellipsoid

ferred Estim

e – 4 ant – 6

e x Length C

Norde

775m

East Cadil

ection view

re calculatedcriteria and

with the fo

osites withine compositineralized zone

estimated bd by Points w

mates, 6 for

Colour Conto

eau West

m

llac Gold Proj

w – minera

d grades usparameters

ollowing para

n defined limng e integer ro

by Points wiwith Rock C

Indicated E

ours & Rock

M

N

A(C20

ject – 2017 T

alized zone

sing predefis for grade i

ameters to

mits of mine

ck codes

th Rock CodCode 26 only

Estimates (i

k Block Mod

Main ZoRock

B ZoneRock

Mineral Zone L

Northern Prope

No Main ZoneRock Cod

(outside pro

Limit of minerat former nortproperty boun

dditional MaiCode 25) not 009 resource

Technical Rep

e block mod

ined sampleinterpolation

estimate gr

eralized zone

de 25 only y

.e., 2 holes)

el

one BlocksCode 25

e BlocksCode 26

Limit

erty Boundary

e Blocksde 0operty)

ralized zone thern ndary

in Zone Blockincluded in

e calculations

port 76

del

e search n.

rade.

es solid

)

y

ks

s

Page 77: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

Tv

t

tv T

w

T

Search & In

In order to by the geointerpolate axis of each

The two prevariographysame Z-X-Zmineralizedalong the 0the Y-axis a(i.e., northwtrend direcvariogram.

The Z-X-Z R1st Rotation1st Rotation2nd Rotation

In order toseparate granges. In gand y-axis within the mensure sam

The log-norsubpopulatigrade subprestricted tozone.

Search-Inte~66% of in50% of x anz-axis increz-axis for h

Ellipse 1 Principal X-ARange X – 5Range Y – 3Range Z – 1

nterpolation

most accurological intgrades alon

h ellipse.

eferred treny. Each of tZ axis of r zone. The

090º azimutas the primwest plungiction and s

Rotation for about Z ax about X ax

n about Z ax

o more accrade interpgeneral, 66ranges of thmineralized

mples were in

rmal probabon of samp

population oo 3.0 m to p

erpolation Rdicated rangnd y axis raased to 15 igh-grade sa

Axis along A50m 35m 15m

Ellipse Orie

rately estimaerpretation,

ng the indica

nds are normthe two searotation to first ellipse th -30º trenary axis witng). For bo

specified wi

both ellipsexis -10º xis -65º xis 30º

curately estpolations w% of the inhe ellipses uzone were

ncluded from

bility plot ofples >8.5 gof samples.prevent spre

anges Usedge for x andnge for samm to allow famples >8.

Az 090º Dip

entation & R

ate resource, two simiated trends

mal to one arch ellipsesorient the is defined w

nd (i.e., north longer raoth ellipsoidth the sho

es is defined

timate and ere requiredicated ranused to estiused for es

m along stri

f the 1.5 m pt Au. The The z-axieading of na

for Indicated y axis mples >8.5 gfor variation5 gpt Au res

-30º

East Cadil

Ranges

es as indicalarly orientof mineraliz

another wits used for s

ellipse in with the X-artheast plunange of influds, the inteorter range

d as follows

categorize ed using seges from vaimate Indicastimation, ake and dow

mineralizedrange of in

s range foarrow high-g

ed Resource

gpt Au ns in strike/dstricted to 3

High-grRange Range Range

llac Gold Proj

ated by varited ellipsoidzation using

th nearly thsearch intethe 100º a

axis as the nging). The uence alongrmediate axas indicat

:

resources,earch-interpariography wated Resou longer tert

wn-dip, desp

d zone comnfluence war high-gradgrade inters

e Estimates

dip 3.0m

rade >8.5 gX – 25m Y – 17.5mZ – 3m

ject – 2017 T

ography resds were ug longer ran

he same indrpolation arazimuth anprimary axisecond elli

g the 270º xis is definted from th

it was depolation elliwere used trces. As ontiary Z-axis pite minor lo

mposites indas reduced de samples sections acr

gpt Au Rang

Technical Rep

sults and sused to selges for the

dicated rangre defined wnd -65º dips with longepse is definazimuth -60ed along thhe omni-dir

etermined tipses with to define thly compositrange was

ocal variatio

icates a hig50% for th>8.5 gpt

ross the min

ges

port 77

upported ect and primary

ges from with the p of the er range ned with 0º trend he other rectional

hat two varying e x-axis

te points used to

ns.

gh-grade he high-Au was

neralized

Page 78: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

Tvft

A

t

A

Ellipse 2 Principal Y-ARange X – 3Range Y – 5Range Z – 1

Search-Inte133% of ind100% of x az-axis increz-axis restr

Ellipse 1 Principal X-ARange X – 1Range Y – 7Range Z – 2

Ellipse 2 Principal Y-ARange X – 7Range Y – 1Range Z – 2

Special Bloc

Two speciavalues calcufor each bloto estimatecategorizatiIndicated Rinterpolatiodrill-holes.

Grade Inter

An inverse model. InitiIndicated R

Grade interResources. populating athe steep n2,900 block

A comparisunestimatedhowever, ssuggesting shoots.

Axis along A35m 50m 15m

erpolation Rdicated rangand y axis rased to 20 icted to 6 m

Axis along A100m 70m 20m

Axis along A70m 100m 20m

ck Models

l block modulated durinock estimatee blocks waon of estim

Resource bln profile cr

rpolation

distance sqal grade intesources

rpolation waEllipse 1, oa total of 14northwest pks with grad

on was comd blocks witsignificantly that Ellipse

Az 270º Dip

anges Usedge for x andrange for sam to allow f

m for high-gr

Az 090º Dip

Az 270º Dip

dels, in addng the gradeed was stors stored in

mated resouocks. Sinceiteria, block

uared algorterpolation w

as first comriented on t4,924 blocklunge, up-de.

mpleted reveth the Ellips

fewer bloe 1 may be

-60º

for Inferred y axis mples >8.5for variationrade sample

-30º

-60º

dition to the interpolatired in a blo

a block murces. Blocke a maximuks calculate

rithm was uwas complet

pleted usingthe shallow

ks with graddated only b

ersing interse 1 interpo

ocks were e oriented a

East Cadil

High-grRange Range Range

d Resource

gpt Au ns in strike/des >8.5 gpt

High-grRange Range Range

High-grRange Range Range

e Au-gradeon process.ck model. Sodel. These

ks estimatedum of 4 sa

ed with 5 o

sed to calcuted using al

g the ellipseeasterly plue. A secondblocks with

rpolations wolation. Theestimated

along the p

llac Gold Proj

rade >8.5 gX – 17.5mY – 25m Z – 3m

Estimates

dip Au

rade >8.5 gX – 50m Y – 35m Z – 6m

rade >8.5 gX – 35m Y – 50m Z – 6m

e block mod The distan

Similarly, the special md with 6 oramples per r more sam

ulate the grl parameter

e ranges deunge, was ud interpolati

zero-grade

with Ellipse e resulting ninitially by

principal plu

ject – 2017 T

gpt Au Rang

gpt Au Rang

gpt Au Rang

del, were ece to the ne

he total numodels were

r more poinr hole was mples includ

rades storedrs defined a

efined for eused for theon, using E

e, and popu

2 first and number of y Ellipse 2 unge of high

Technical Rep

ges

ges

ges

established earest sampmber of poin

used to asnts were fla

establishedde a minimu

d in the gradbove for est

stimating Ine first interpEllipse 2 orieulated an ad

then up-dablocks was

versus Elher-grade z

port 78

to store ple point nts used ssist the gged as

d in the um of 2

de block timating

ndicated polation, ented on dditional

ating the similar; lipse 1,

zones or

Page 79: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

Af

t

A

t

Tt

t

T

T

t

As a resultfollowed by

Subsequentseries of intestimation p

Search ellipblocks and the longer grade in an

A total of 152,416 gratotal of 70,2

14.9 Bloc

The resultinthe capped-observed bcomposite gmineralizedthe average

14.10 Spec

The only reWest are frSG measureg/cm3. The current NI mineralizedusing a spe

The Main Zcalculating the percent

14.11 Dilu

No considerestimated r

t, final India second in

t to interpolterpolationsparameters

pse 1 with estimated ginferred ranadditional 4

17,824 gradde blocks a240 estimat

ck Model Va

ng block mo-composite

between blograde with t zone (Tab

e composite

Zone 

25 (Main Zo

26 (B‐Zone

cific Gravit

corded dataom 6 sampements is 2historic res

43-101 reg zones are cific gravity

Zone and tonnages. I of the bloc

tion & Rec

rations wereesources.

cated Resonterpolation

ation of gras were comp.

the longer grade for anges was us4,355 block

de blocks aare categorited grade bl

alidation

odel was vagrades in c

ock grades the average

ble 14.10), grade.

Table NumCom

one)  4

e) 

ty & Volum

a for specificles of core f.90 g/cm3 wsource and ulations, usfrequently of 2.90 to c

B Zone rocIn addition, k within the

covery

e made for d

urce grade using Ellips

ades using tpleted, in o

inferred ran additionased to inters.

re categorizized as Infeocks.

alidated by cross-section

and neighe of the inteshows that

14.10: Intmber of posites 

497 

20 

metrics

c gravity (SGfrom historiwith a margreserve est

sed an SG ologged withcalculate re

ck codes wthe percen

e mineralize

dilution or re

East Cadil

estimates se 2, and up

he indicatedrder to esti

nges was ul 48,061 blorpolate grad

zed as Indierred Resou

visually comn and plan vbouring comerpolated blt the averag

terpolationCompositesAverage 

2.06 

2.22 

G) measureic hole 10-4inally highetimates (seeof 2.90 for h up to 10%source tonn

were assignt model wad zone for t

ecovery, an

llac Gold Proj

were calcup-dating pre

d resource emate grade

used to inteocks. Subsede into unes

cated Resources. The t

mparing theviews. In gmposites. Alocks, at a 0ge block gr

n Paramete  Numbe

Block

6803

2202

ements of m484-82-30. Tr sample lee Section 6calculations

%-15% sulpnage.

ned specifics used to wthe reported

nd no crown

ject – 2017 T

ulated applyeviously une

estimate paes using the

erpolate graequently, sestimated blo

urces, whertotal resour

e estimatedeneral, a goA compariso0.0 g/t Au crade is typic

ers er of ks 

BlAve

36  1

2  2

mineralized sThe averagngth weight6), althougs. Considerihides suppo

c gravities weight the ed resources.

pillar was s

Technical Rep

ying Ellipse estimated bl

rameters, ae Inferred R

ade in unesearch ellipseocks and es

reas and adrce occurs w

d block gradood correlaton of the cut-off, withcally compa

ocks erage 

1.90 

2.21 

samples at Ne of the 6 rted averageh not compng further orts justifica

of 2.90 g/estimated b

subtracted f

port 79

1 first, locks.

a second Resource

stimated e 2 with stimated

dditional within a

des with tion was average hin each arable to

Nordeau recorded e of 2.92 pliant by that the ation for

/cm3 for locks by

from the

Page 80: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

T

F

v

14.12 Meta

The Authorsmineralizaticonsideratioother possib

14.13 Envi

No considernoted to cooperations consideratio

14.14 Cut-

Figure 14.moving aveUS$1250/oz

Figure

Table 14.approximataverage exvalue used

allurgical C

s are not awon is docu

ons have beble metallur

ironmental

rations haveontain up towill need t

on of potent

-off Grade

.15 is a grerages for z Au was se

14.15: Gol

11 provideely the samchange rateto convert t

Considerat

ware of any umented toeen made forgical issues

l Considera

e been mado 10%-15%to evaluate tial acid dra

raph of the a 10 mo

elected for c

ld price (U

es the Bame period (es for the lathe US$ gold

ions

metallurgico contain uor potentials.

ations

de for any % sulphides

the impacinage and c

US$ daily nth period ut-off grade

US$/oz Au)

nk of CanApril 1, 20ast 10 mond price to C

East Cadil

al studies frup to 10% refractory

possible enwith arseno

ct of mine ontained lev

average goto Jan 31

e calculation

) – daily, 10

nada mont16 - Janua

nths is calcuDN$ for cut

llac Gold Proj

rom the Nor%-15% sulp

component

vironmentaopyrite. Anywaste rockvels of arse

old price sh1, 2017. Ans.

00- and 20

thly averagry 31, 201ulated at 1 t-off grade c

ject – 2017 T

rdeau West phides withts to the m

al issues. Thy potential k and mill nic.

howing 100An approxim

00-day mov

ge US$ ex7). The me$US = 1.3

calculations

Technical Rep

area; howeh arsenopyrineralization

he mineralizmining andtailings dis

0 day and 2mate mid-p

ving avera

xchange raean of the 31 $CDN an.

port 80

ever, the rite. No n or any

zation is d milling posal in

200 day point of

ages

ates for monthly

nd is the

Page 81: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

f T

$

Tabl

Potential exmining metzones of mim, and is lohole stopinmining metrequired. M

Mineralizatilocated 2 kflotation con

Total produ$145/tonnegrade deter

$Production145$/tonne

le 14.11: BMo

Se

O

N

D

Janu

A

xploitation othods, mostineralizationocally indicag methods hods are esilling & proc

on at Nordkm to the ncentration

uction costs e was used rmination is

n/(Gold Pricee / ( $1250

Table 14.

Prodcution

Mining CostProcessing Total Costs

Cut-off Gra$US/oz

1250

ank of Cannth (2016)

April

May

June

June

July

August

eptember

October

ovember

ecember

uary (2017)

Average

of the estimt probably an. The Main ted to be comight be

stimated at cessing cost

eau West hwest, and followed by

are estimafor the cutas follows:

e (US$/oz) x

.12: Cut-of

n Cost Estima

tsCosts

s ($)

ade Parametez Au $C

0.00

nada MonthUS

mated resouraccessed byZone is mo

onsistent aloused for po$70-$100/tts are estima

has been cwould like

y cyanide lea

ated to rangt-off grade

x $CDN/$US x 1.31

ff Grade Ca

ates ($)low

100.0020.00

120.00

ers & CalculaCdn/$US $C

1.31

East Cadil

hly AverageSD to CAD

1.3226

1.2819

1.2942

1.2896

1.305

1.2994

1.3109

1.3251

1.3438

1.3329

1.3191

1.3105

rces at Nordy a vertical odestly wideong strike (otential minonne depenated at an a

haracterizedly require aching, to re

ge from $12calculation

S Exchange

alculations

high130.0040.00

170.00

ationCDN/oz /Au g

1637.50

llac Gold Proj

e US$ CurrC

deau West w shaft due

e, with an a(110º) and dning. Miningnding on theadditional $

d as similasimilar metecover gold

20-$170/to(Table 14

Rate/oz-gm / 31.1

s - Nordeau

avg115.0030.00

145.00

gm/oz Au Co1

52.65 11

ject – 2017 T

rency ExchCAD to USD

0.7561

0.7801

0.7727

0.7754

0.7663

0.7696

0.7628

0.7547

0.7442

0.7502

0.7581

0.7631

will likely reto the depverage neadip (-65º) dg costs fore amount of50-$70/ton

r to the hitallurgical p.

nne and he4.12). The

m Conversio1)

u West Res

osts $/t Cut-120.00 2145.00 2170.00 3

Technical Rep

hange Rate

equire undepth of the inr-true thickdip. Lower cr undergrouf developmene to recove

storic Chimprocessing,

ence, the mformula for

on)=Cut-off = 2.75 gp

source

-Off g/t2.282.753.23

port 81

es

erground ndicated ness >8

cost long und bulk ent work er gold.

mo Mine, namely

mid-point r cut-off

f Grade pt

Page 82: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

f

T

Tvt

T

v

T

For the detrange respeincrementalcalculated production currency ex

14.15 Reso

Results of tgpt Au increbetween 2.estimated pcut-off repr

Estimated rorder to defuture drillin

Measured ReThe mineraexploration and down-dcross-cut thThe currenvariations tthe interpremoderate cMeasured R

Indicated RThe low tosupported bindicates codistances, bvariance) ismaximum restimated rcomposite p

Table 14.1Resource es

The IndicateB Zone conranges of pgpt Au to 16

termined raectively betl change incut-off gradcost variab

xchange rate

ource Estim

he resourceemental cut25 gpt Au production cesent the m

resources wmonstrate tng of potent

esources alized zone drill-hole d

dip. Numerohe mineraliznt interpreto the interp

etation and confidence lResources. N

esources o moderateby good staorrelation obeyond whis low, but inranges, theresources aspoints) were

13 providesstimates, at

ed Resourcentains only robable cut60,000 tonn

nge of estimween 2.28 estimated de. This de

ble in the ce variables,

mate

e estimate at-off grades and 3.25 gcosts. The e

mid-point, an

were also cathe wider gtially higher

model wadata, and suous faults anzed zone, loation is supretation armodel. The evel in the

No Measured

e confidenceatistical corrof grades ach correlatincreases ase confidences Indicated e included in

s results fot various cut

e contains 31,960 tonne-off grade, nes grading

mated prodgpt Au to 3production

emonstratesut-off equamay also si

are presenteranging fropt Au are cestimates thnd were app

alculated useneral exte

r-grade reso

s constructuggests thatnd narrow scally sheariupported byre possible.

nature of t interpretatd Resources

e level of relation of aalong specion is lost.

s the distance level of cResources,

n the estima

or each of t-off grades

30,212 oz ofes at an esthe Indicate4.65 gpt Au

East Cadil

duction cost3.23 gpt Au costs, thes the high tion. In adignificantly

ed herein. Tom 2.0 gpt Aconsidered that are repoplied to the

sing cut-off nt and tren

ources.

ted from int the Main shears docung and/or dy the geolThe result he mineraliztion precluds are reporte

the interprassay resultfic trends The confidece and vari

correlation i provided aation.

the minera.

f Au, almostimated graed Resourceu.

llac Gold Proj

ts (i.e., $12u (see Tablre is a resudegree of

dition, the influence th

The estimateAu to 3.5 gpthe most reorted and hfinal reporte

grades of nd of the m

nterpretationZone is relamented in tdisrupting thlogical evidis a low to zation, geoldes categored for the N

retation ants from the for ranges

ence level aance is reds considere

a minimum

alized zones

t all of whicade of 3.07 es vary from

ject – 2017 T

20 - $170), le 14.12). Tulting 0.19 f sensitivityprice of go

he cut-off gr

ed resource pt Au. The eepresentativhighlighted ed Mineral R

1.0 gpt Au ineralization

n of relativatively contthe drill-logshe continuitdence; how

moderate clogical envirrizing any oNordeau Wes

d mineralizvariograph(distances

at the maxiuced. At 66ed sufficientof 2 drill-ho

s and for t

ch is within gpt Au. Fo

m 342,000 t

Technical Rep

the cut-offThus, for egpt change

y of the esold and therade.

is reportedestimated gve for the rat the 2.75Resource Es

and 1.5 gpn, and for ta

vely widelytinuous alons are interpty of minerawever, consconfidence ronment anof the resoust deposit.

zed zone my. The vari) up to mmum distan

6% of the int to categoole intersec

the total In

the Main Zoor the low aonnes grad

port 82

f grades ach $10 e in the stimated e foreign

at 0.25 rades of range of 5 gpt Au stimate.

pt Au in argeting

spaced ng strike preted to alization. siderable level for d low to urces as

model is ography aximum nce (i.e. ndicated

orize the ctions (5

ndicated

one; the and high ing 3.59

Page 83: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

Tt F

w

Tt

The Total tonnes gra

Figure 14.gpt Au cut-o

Of the 97 dholes and iwith some small discon

From 300 mincreases ghole traces,hole interse

The most sthis depth, Indicated R

Inferred Re

Inferred Redetailed eaResources,

Table 14

Indicated ading 4.17

16 displaysoff.

drill-hole intentersection larger gapsntinuous len

m - 700 m reatly, from, especially ection.

ignificant pthe currentesources wi

sources

esources werlier in the subdivided

Zone

Main

B

Total

4.13: Indica

Resource gpt Au at t

s the Indica

ersections, points is re

. The Indicanses or “sho

below surfm approxima

in the easte

art of the It drill-hole ith the minim

ere estimatreport. Tabfor the two

Cut-off Gradgpt Au

1.001.502.002.252.502.753.003.253.50

1.001.502.002.252.502.753.003.253.50

1.001.502.002.252.502.753.003.253.50

ated Resou

for the Nothe calcula

ated Resour

68 (i.e., >7elatively unated Resouroots” with <

face, there ately 50 m tern half of t

ndicate Resspacing is tmum two-h

ed using thble 14.14mineralized

de Volumem3

387,194233,816145,858115,37392,29377,02865,05555,16844,213

10,2289,1245,8942,6831,532

6761349086

397,421242,940151,752118,05693,82577,70465,18955,25844,299

East Cadil

urces at In

ordeau Weated cut-of

rce grade e

70%) are wiformly sparces in this 50 m block-

are 28 drillo >100 m, he property

source lies atoo wide foole requirem

he more reprovides es

d zones at v

e Density3 T / m34 2.906 2.908 2.903 2.903 2.908 2.905 2.908 2.903 2.90

8 2.904 2.904 2.903 2.902 2.906 2.904 2.900 2.906 2.90

2.900 2.902 2.906 2.905 2.904 2.909 2.908 2.909 2.90

llac Gold Proj

ncremental

est properff grade of

stimated bl

ithin 300 mced - appropart of the -dimensions

l-hole interswith signific

y. Below 700

at depths br some intement and sp

elaxed parastimates forvarious cut-o

Tonnage GT g

1,122,861678,066422,987334,582267,649223,382188,660159,988128,219

29,66026,45917,0947,7794,4431,960

389260249

1,152,522704,525440,081342,361272,092225,342189,049160,248128,468

ject – 2017 T

l Cut-off Gr

rty is estim2.75 gpt A

locks above

m of surface.oximately 2mineralized

s.

sections, thcantly large0 m depth t

between 400ersections tpecified dist

meters andr the additioff grades.

Grade In-Situ pt Au Au

2.12 76,52.72 59,23.30 44,83.61 38,83.92 33,74.18 30,04.42 26,84.65 23,94.97 20,4

2.06 1,92.14 1,82.34 1,22.62 62.81 43.07 13.744.104.13

2.12 78,52.70 61,03.26 46,3.59 39,53.90 34,4.17 30,24.42 26,84.65 23,94.96 20,5

Technical Rep

rades

mated at 2Au.

e the report

. Distributio25 m - 50 md envelope

e spacing or gaps betwthere is only

0 m and 60o contributeance.

d longer raional Total

Auu oz590261852847755019806928476

965822285655402193473433

556083137503157212853963509

port 83

225,212

ted 2.75

on of the m apart, occur in

of which ween the y 1 drill-

00 m. At e to the

nges as Inferred

Page 84: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

Figure 14.16: E-W section vie

Bedrock

1000

m

w looking sou

k Surface

East Cadillac Go

uth showing I

old Project – 201

Indicated Reso

775m

7 Technical Repo

ource blocks &

ort 84

& drill-hole in

Minera

Northe

ntersections

al Zone Limit

ern Property B

Au gpt

Boundary

Page 85: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

Tt

Table 1

For the lowmillion tonnResource isat an estima

The Total tonnes graResource c

4.14: Estim

w and high nes gradings almost entated grade

Inferred Rading 4.09 contains an

Zone

Main

B

Total

mates of Ad

ranges of pg 3.58 gpt Atirely withinof 3.59 gpt

Resource fogpt Au at

n estimate

Cut-off Gragpt Au

1.001.502.002.252.502.753.003.253.50

1.001.502.002.252.502.753.003.253.50

1.001.502.002.252.502.753.003.253.50

dditional I

probable cuAu to 0.81 the Main ZAu.

or the Nordthe calculd 146,000

ade Volumem3

1,263,375852,095636,689543,433417,118378,534328,777275,399247,691

24,98619,48512,66210,0057,6105,0254,3202,6772,463

1,288,362871,580649,350553,438424,728383,559333,096278,076250,154

East Cadil

Inferred Re

ut-off grademillion ton

Zone, with t

deau West lated cut-ooz of Au.

e Density3 T / m35 2.90 35 2.90 29 2.903 2.908 2.904 2.907 2.909 2.901 2.90

6 2.905 2.902 2.905 2.900 2.905 2.900 2.907 2.903 2.90

2 2.90 30 2.90 20 2.908 2.908 2.909 2.906 2.906 2.904 2.90

llac Gold Proj

esources at

, the Inferrnnes gradinthe B Zone

property off grade o

TonnageT g

3,663,7882,471,0761,846,3971,575,9551,209,6421,097,749

953,452798,657718,305

72,46156,50736,71929,01622,07014,57212,5277,7647,142

3,736,2492,527,5831,883,1161,604,9701,231,7121,112,321

965,979806,422725,447

ject – 2017 T

t Various C

red Resourcg 4.50 gpt containing

is estimateof 2.75 gpt

Grade In-Situ gpt Au Au

2.41 284,32.97 235,63.38 200,43.59 181,83.96 153,94.10 144,64.27 131,04.50 115,64.63 106,9

2.24 5,22.47 4,42.85 3,33.05 2,83.25 2,33.59 1,63.70 1,44.11 1,04.17 9

2.41 289,52.95 240,3.37 203,73.58 184,63.95 156,34.09 146,34.27 132,54.50 116,64.63 107,9

Technical Rep

Cut-off Gra

ces vary froAu. The In

only 14,572

ed at 1.11 Au. The I

Auu oz312665423850994635061671993

219487365841310680492027959

532152789691304315553697952

port 85

ades.

om 1.60 ndicated 2 tonnes

million nferred

Page 86: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

T

F

14.16 Sum

Table 14.1grade of 2.7

Table 14

Resource

Measured Indicated

Measured + Inferred

Total Inferre

Figure 14.resource blo

Figure

mmary of Ca

15 provides 75 gpt Au fo4.15: Summ

e (Category)

Indicated

d

.17 is an eocks at the

e 14.17: So

Bedroc

10

00m

ategorized

a summaryor the Nordemary of Ca

effecti

Main B Total

Total Main B

Total

east-west, sreported cu

outh-facing

ck Surface

Faults

d Resource

y of the cateeau West deategorized ive date of

Zone

south-facingt-off grade

g longitudi

East Cadil

s

egorized reseposit. Resources

f December

No M

g longitudinof 2.75 gpt

inal section

775m

llac Gold Proj

sources estim

s at 2.75 gpr 31st, 201

Tonnes

Measured Res223,

1,225,

225,1,097,

14,

1,112,

al section dAu.

n – minera

ject – 2017 T

mated at th

pt Au Cut-o16)

s Au G

(gp

sources 382960342

342749572

321

displaying t

alized zone

Minera

Northe

Technical Rep

he calculated

off Grade (

rade pt)

In-S

4.18 3.07 4.17

4.17 4.1

3.59

4.09

the total es

e block mod

l Zone Limit

ern Property Bo

Au gpt

port 86

d cut-off

(with

Situ Au (oz)

30,019193

30,212

30,212144,635

1,680

146,315

stimated

del

oundary

Page 87: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

T

t T

F

Ft

14.17 Conc

The total Mdepths fromshallow eas

No drilling the required

The results deposit havlenses (see require signand would b

Figure 14.points that

Figure 14

Figure 14.the distancegrading abo

Number

No. of PoinEstimate B

1

2-4

>5

clusions

ineral Resoum 400 m to 7terly plunge

has been cod vertical de

further deve clearly bFigure 14

nificant addbe accessibl

.18 is an ewere used f

4.18: South

19 portrayse to the neove 2.75 gpt

of Sample Po

Bedroc

100

0m

nts Used to Block Grade

4

(ie. 2 holes)

urce Estima750 m (Figue, and are li

ompleted fuepths betwe

monstrate tbeen affecte.17 and Fig

ditional highe via a ram

east-west lofor estimatin

h-facing lon

s the sameearest sampt Au.

oints Used to

ck Surface

Faults

te can be sure 14.17 kely crosscu

urther eastween 700 m to

that the resed by strongure 14.18her cost minp, at a relat

ongitudinal ng the total

ngitudinal

south-facinple point tha

o Estimate To

No

East Cadil

een to occuand Figureut and offse

ward along o 1000 m to

sources idenng shearing8). Due to thning to exptively low co

section (faresource bl

section – p

ng longitudiat was used

otal Resource

rdeau West

775m

llac Gold Proj

ur primarily e 14.18). Thet, as shown

the continuo intersect t

ntified in th, as the zoheir smallerploit; howevost compare

cing south)locks gradin

points used

inal sectiond for estima

e Blocks >2.2

ject – 2017 T

within 2 or he zones aren, by interpr

ued shallow the minerali

he upper (sones are trr dimensionver, the resed to a shaf

) and displang above 2.7

d to estima

as Figureating the to

25 gpt Au & D

Mineral Z

Northern

Technical Rep

3 lenses loe elongatedreted faults.

easterly plization.

shallow) parruncated ints, these zon

sources are ft.

ays the nu75 gpt Au.

ate block-g

e 14.18, buotal resource

DDH Intersect

Zone Limit

Property Boun

DDH Au gpt

port 87

cated at along a .

lunge at

rt of the to small nes may shallow

mber of

grades

ut shows e blocks

tions

ndary

Page 88: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

f

T

T

T

Figure

It can be se- 625 m, a (i.e., blocksprimarily thfrom reportpoints (i.e.,

The mineraprimarily byallowable ssmaller lensdrilling.

The results opportunity

The densitymineralizatidrilling.

Distance

25

12

No. of PoiEstimate B

<1

50

>1

75

e 14.19: So

een in Figurlarge part

s with >5 she distance ting as Ind drill-holes)

lization in ty a minimusearch distases or “shoo

from the 3y to increase

y of drilling on; howeve

Bedro

1000

m

to Nearest S

5-50m

.5-25m

ints Used to Block Grade2.5m

-75m

00m

5-100m

outh-facing

re 14.18 thof the resou

sample poinbetween th

dicated Res for the Ind

he upper eaum of 2 hoance that dots” at <50

models pree and enhan

in the upper, there is

ock Surface

Faults

2D

Sample Used

g longitudi

hat in the murce has bets used for

he drill-holesources, as

dicated Reso

astern part oles (i.e., >defines Ind0 m is defin

esented cannce the exist

er part of tlittle opport

E-W Long S

d to Estimate

N

East Cadil

inal section

mineralized zeen estimate

estimate); s at this dethe maxim

ource catego

of the depo>5 sample icated Resoed by the d

n be used toting resourc

the deposit tunity to inc

775m

Section View

e Total Resou

Nordeau Wes

llac Gold Proj

n – minera

zones identied with reshowever, F

epth that prmum distancory, was exc

osit can be spoints) and

ources. Thedensity of d

o target furtces.

has delineacrease or en

(Facing Sou

urce Blocks

st

ject – 2017 T

alized zone

ified at deptults from 2 Figure 14.1revented mace allowablceeded.

seen to havd within the maximumdrill data, an

ther explora

ated severanhance thes

Miner

North

uth)

>2.25 gpt Au

Technical Rep

e block mod

ths betweenor more dr

19 shows tany of thesee between

e been intehe maximumm extents ond not by a

ation with a

al smaller lese zones by

ral Zone Limit

hern Property B

Au gpt

u & DDH Inte

port 88

del

n 400 m rill-holes that it is e blocks sample

rpolated m 50 m of these a lack of

apparent

enses of y further

Boundary

t

ersections

Page 89: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

T

The significrecent drilli

1. in-filIndicestimIndic

2. the bdownresodeptzone

ant part of ng at depthll drilling cocated Resoumated from cated Resoublocks shown-plunge orurce might ths betweenes.

the identifies between 4uld, if succeurces, as it2 or more

urces; wn with >75r up- and dobe expande

n 650 m an

ed resource400 m and 6essful, convt is only thdrill-holes

5 m distanceown-dip sideed. Eastwardnd 1000 m

East Cadil

occurs in t625 m. The ert much ofhe >50 m (i.e., minim

e between se of the zoned from the calong the

llac Gold Proj

the newly demodels dem

f the Inferredrill-hole s

mum 5 sam

sample poines and indiccentre of theindicated s

ject – 2017 T

eveloped zomonstrate ped Resourcespacing thaples) not to

nts tend to cate the diree property, shallow east

Technical Rep

ones from thprimarily thaes in these zt precluded

o be catego

be clusteredections in wdrilling is aterly plunge

port 89

he more at: zones to d blocks orized as

d on the which the

bsent at e of the

Page 90: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

Tw

T

ft

Tt

A

15.0 ADJA

Of significancentre of th

The mine wwith Louveoperated udismantled

The Chimo ore yieldingfrom 6 diffethe north inbearing quaMB87-05, M

The depositthan 2 km omineralizatimetamorphassociated w

A major faumine, and a

ACENT PRO

nce to this he East Cadi

was first opem as oper

until the enin 2007 and

F

Mine produg an averageerent ore shn close assartz lenses

MB88-14)...

t is similar inon-strike to on are recoosed volcanwith banded

ult splay extan importan

OPERTIES

project is thllac Gold Pr

erated by Cator for 5 nd of 1996d there are

Figure 15.1

uced in excee grade of 4oots extendociation witin sheared

n mineralogthe east. A

ognized at Cnic rocks andd magnetite

ending soutt fault could

he adjacentoperty, (see

Chimo Gold years befo

6. The infrano longer a

: Former C

ess of 379,04.9 gpt Au, ding from neth sedimentd and altere

y and strucs at the Norhimo: (1) gd (2) bandsiron format

theast off thd separate t

East Cadil

property oe Figure 4.

Mines Ltd ore manageastructure ny structure

Chimo Gold

000 ounces in three dis

ear surface ttary bandeded mafic vo

ture to the rdeau West gold-quartz ls of semi-mation.

he Cadillac Tthe sedimen

llac Gold Proj

of Cartier Re1), that hos

in 1966-67ement was on the mi

es on the sit

d Mine (July

from approstinct produto a depth od iron formolcanics (DV

Nordeau Wedeposit, twlenses in lonassive arsen

Tectonic Zonntary and vo

ject – 2017 T

esources Incsts the form

7. Productionhanded ou

ine site (Fte.

y 2006).

oximately 2.ction phaseof some 870ations and V97-01, GM

est deposit,wo different sngitudinal snopyrite and

ne may exteolcanic rocks

Technical Rep

c., located nmer Chimo M

n resumed ut to CambFigure 15.1

.4 million toes. Productio0 m, the firsthe others

M48430, GM

which lies styles of gohear zones d pyrrhotite

end to the Cs.

port 90

near the Mine.

in 1984 bior who 1) were

onnes of on came st two to as gold

M60091,

less ld in

Chimo

Page 91: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

Tt

16.0 OTH

The authorsto a conclus

HER RELEVA

s are not awsion contrar

ANT DATA

ware of any y to that se

AND INFO

additional tet forth in th

East Cadil

ORMATION

technical dahis report.

llac Gold Proj

ata that mig

ject – 2017 T

ght lead an

Technical Rep

accredited

port 91

investor

Page 92: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

T

t

f T

T

T

17.0 INTE

Chalice is inof western mineralizatiProperty inpotentially d

The East anastomosithe host srelatively unrenowned L“break” thanumerous szones and Property areprinciple pa

Gold minerain two settin

1. gold (arseformmine

2. strucassozonearse

Both types 1% to 5% formations.

The economsixty years relatively ineastern halprogrammepart of Chal

This report Property deof the cateNordeau Wnorth-northstrike.

The authorsubject of c

ERPRETAT

n the procesQuebec (ton targets.

n order to delineate ne

Cadillac Gng high-str

sedimentaryndeformed Larder Lake-at defines tsyn-deformathe secondae of primaryssage ways

alization unngs: mineralizat

enopyrite, mations. Seeralization. cturally conociated with es (typicallynopyrite, py

of mineralizwhen in qu

mic potentiaago; howe

nactive fromf of the cu

e that succelice’s East C

includes anefined at theegorized res

West depositeast and ex

s conclude continued ex

ION AND C

ss of explorihe East C. Detailed evalidate h

ew resource

Gold Projectain zones ( and maficrock. This “-Cadillac Brethe Pontiacational, epigary fracturiny importancs for sulphid

derlying the

tion occurs pyrrhotite

econdary q

trolled goldquartz or q

y in the voyrite and mi

zation occuruartz veins,

al for gold mever, most m the earlyrrent Propessfully defin

Cadillac Gold

n updated Ne Nordeau Wsources estit is shown xtends to a

that the Exploration.

CONCLUSIO

ng its mineCadillac Goldexploration

historical woes.

t overlies (“shear-zonec volcanic corridor” is eak (Cadillac-Abitibi subgenetic quang and brecce to minerae- and gold

e East Cadil

in silicified and pyriteuartz vein

mineralizatuartz and c

olcanic rockinor chalcop

r as free go and up to

mineralizatioof the grou

y 1990’s unerty in 2006ned a gold rd Project.

NI 43-101 MWest projectimated at tin Table 1 depth of a

ast Cadillac

East Cadil

ONS

ral concessid Property)and drillin

ork, increa

a tectonoes”), ranginrock into interpreted c Tectonic Zbprovince b

artz-vein/discciation thaalization, as -bearing so

llac Gold Pr

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eralization

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Page 94: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

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.

gram should

studies andTable 18.1.

hniques thathe Property

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Page 95: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

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Table 18

Surface samAirborne AEData compiLiDAR surveySurface striDrilling to eContingency

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expand existy 15%

argets geney 15%

inary Budg

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otal

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ling tres)

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Page 96: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

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19.0 REF

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ChampagnInc., interna

Dimroth, Epart of the Aof Earth Sci

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Jolly, W.T.W.W., eds.,

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Mines Limite

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on the Prop

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evelopment

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ondage, Pro

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llac Gold Proj

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Mining Com

agnetic Sur

etic Survey

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ed.

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perties of V

e en lans dr Vauquelin.

d, Supplem

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ted Vauque

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perty of Bla

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Page 100: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

V

T

GM37291, Energy Corp

GM37355, (10-903), C

GM37356,

GM37729, 10-903. SO

GM37746, 10-484. SO

GM38329, Lynx-Ameri

GM38554, Energy Corp

GM38605, Vauquelin O

GM38618, Townships.

GM38857, Rapport Geo

GM39230,

GM39325, Province of

GM39327, Plan, Pershi

GM39354, Magnetique

GM39364,

GM39907, SOQUEM.

GM40036, Bay Mining

GM40058,

GM40142, Biochemiqu

GM40274,

Bergmann,p. Ltd., Vau

Laverdure,Cantons Vau

Glass, F., 1

Blanchet, POQUEM.

Blanchet, POQUEM.

Larouche, c-Sparton p

Bergmannp. Ltd., Vau

Hendrick, Option, Vauq

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St-Hilaire, ophysique,

Blanchet, P

Parkinson,Quebec. Fo

1955 - Maing-Vauquel

St-Hilaire,es et Electro

Blanchet, P

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Bergmann,Company In

St-Hilaire,

Britt, C., e et Forage

Gagnon, P.

, H.J., 1981quelin Twp,

, G., 1981 uquelin, Ville

1981 - Mem

P. and Gag

P. and Gagn

C., 1982 - property Den

, H.J., 198quelin Twp,

D.H., 1969quelin Twp.,

lartic Gold

C., 1982 -Leves Magn

P., 1982 - C

, R.N., 195or Malartic G

alartic Goldlin Township

, C., 1982 magnetique

P., 1982 - R

C., 1983

, H.J., 1983nc., Vauque

C., 1983 - P

1983 - Re, Projet Nov

, 1983 - Ca

- Report on, Que.

- Leves Maebon, Denai

o Geophysiq

non, G., 19

on, G., 198

Report on nain-Pershin

82 - Report, Que.

- Drill Log, Quebec. K

Fields Limit

- Projet Simnetiques et E

ampagne de

55 - ReportGold Fields L

d Fields Limps.

- Projet e TBF sur de

apport de la

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3 - Report oelin Twp., Qu

Projet Chimo

esultats deva 10-958, S

mpagne de

East Cadil

n VLF Electr

agnetiques n. SOQUEM

que TBF et

981 - Camp

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the explorang township

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gs, Plan-Secerr Addison

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mited Harris

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a Campagne

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on Geophysuebec.

o 10-497, T

es Travaux SOQUEM.

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llac Gold Proj

romagnetic

et ElectromM.

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pagne de Tr

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ation carriedps.

etometer Su

ctions and G Mines Ltd.

e Geophysic

Bell) -10-9netique TBF

1981-1982,

Conduct of

son-Cere-Op

0-497), Blos Orientées

e de Sondag

0-484, Test

sical Survey

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82, Projet V

ject – 2017 T

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magnetique

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ration 1980

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urvey on P

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03, Projet F. SOQUEM.

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ion 1982,

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-903. SOQU

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0-81, Projet

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l Profiles, C

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sical Survey

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pport sur uSOQUEM.

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risation Pro

roperty of B

ovoquée. SO

Leves Geo

484, SOQUE

port 100

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V

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T

V

T

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GM41000, 958, SOQUE

GM41546, Ltd., East C

GM41804,

GM41828,

GM41830,

GM42328, Resources L

GM42504, Pond Resou

GM43286, Vauquelin P

GM43495,

GM43684,

GM44027, Township, V

GM45332,

GM45687, and VLF Su

GM45943,

GM46287, Township, V

GM46939, Vauquelin Sampling.

GM47285, Township, V

GM47403, Project. Vau

GM47922, Vauquelin L

GM48022,

BoudreaultEM.

Campbell, Claim Group,

Boudreault

Blanchet, P

1983 - Dril

Campbell, Ltd., Vauque

Scodnick, Jurces Ltd., C

Marchand,Property, Qu

Reukl, R., 1

Reukl, R., 1

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D’Silva, B.,

Podolsky, Grvey, Val-d’

D’Silva, B.,

Dumont, PVal-d’Or are

MacNeil, KTownships,

Dumont, PVal-d’Or are

Beullac, Ruquelin Mini

Lambert, GLtd., Projet B

Whitfield, T

, A.P., 1984

R.A., 1984, Vauquelin

, A.P., 1984

P., 1983 - D

l Logs, Vauq

R.A., 198elin East and

J., 1985 - RChimo North

, J., 1986 uebec.

1986 - Drill

1986 - Drill

P.E., 1986 a, Quebec.

,1987 - Drill

G., 1987 - R’Or Area Pro

, 1987 - Dri

P.E., 1988 a, Quebec.

K. and AveQuebec.

P.E., 1988 a, Quebec.

R. and Slivites Ltd.

G. and TurcBateman, C

T. and Simo

4 - Rapport

4 - Report oTwp., Queb

4 - Projet No

rill Logs, Va

quelin Proje

85 - Reportd Etang D’O

Report on th Property, V

- Bateman

Logs, Vauq

Logs, Vauq

- Geochem(Includes m

l Logs, Vauq

Report on Coperties, for

ll Logs, Vau

- Geochem(Includes m

erill, S.A., 1Reverse Ci

- Magnetom

tzky, A., 1

cotte, R., 1antons Vauq

neau, P., 19

East Cadil

de la Camp

on the Geobec.

ova (11-958

auquelin Pro

ect, Louvem

t on the 1Or Properties

he GeophysiVauquelin Tw

Bay Minin

uelin Projec

uelin Projec

mical Surveymagnetomet

quelin Projec

ombined HeCambior In

quelin Proje

mical Surveymagnetomet

1988 - Camirculation O

meter Surve

987 - Drill

1988 - Levequelin, Que

986 - Drill L

llac Gold Proj

pagne D’Exp

physical Su

8), Campagn

oject, Louve

Mining Com

1984 Drillins, Vauquelin

cal and Geowp., Quebec

ng Co. Ltd.

ct, Chabela

ct, Chabela

y on a Groter survey re

ct, Chabela

elicopter-Bonc.

ect, Chabela

y on a Groter survey re

mbior Inc., Overburden

ey on a Gr

Logs and

es Geophysbec.

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ject – 2017 T

ploration 198

urveys Golde

ne de Sonda

m Mining Co

mpany Inc.

ng Programn Twp., Que

ological Progc.

, Pedogeoc

Minerals Inc

Minerals Inc

oup of 21 esults).

Minerals In

orne Magnet

a Minerals In

oup of 21 esults).

Nova PropDrilling a

roup of 21

Geology M

sique (PP),

elin Project

Technical Rep

83, Projet N

en Pond Re

ages. SOQU

ompany Inc

m for Goldeebec.

gram of the

chemical Re

c.

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nc.

tic, Electrom

nc.

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perty, Villebnd Heavy

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aps, Norde

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Page 102: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

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A

V

V

V

GM48410, Region Abit

GM48424, Ouest, Regi

GM48430, Vauquelin, A

GM49340,

GM48507, Abitibi, Que

GM49659, de Vauqueli

GM49666, Vauquelin L

GM49867, Ltd., by Ges

GM50036, Vauquelin, A

GM50373, Ouest, Cant

GM52637, Bloc-Ouest/

GM52638, Vauquelin, A

GM61314, Resources.

GM64272, Properties,

GM64504, Properties,

GM65127, Bateman Ea

GM66369, Bateman Ea

GM68593, Nordeau Ea

Perron, L.ibi-Est, Que

Perron, L.,on D’Abitibi

Landry, JAbitibi, Que

Lortie, P., 1

Landry, J.,ebec. Monico

Boulianne, in, Abitibi, Q

Lambert, Ltd., Projet B

Jean, A., 1stion minièr

Geokemex Abitibi, Que

Boulianne,ton de Vauq

Deragon, R/Nordeau, C

Blanchet, Abitibi, Que

Bourgoin,

Bourgoin, Val-d’Or, Q

Langton, J.Val-d’Or, Q

Kromo, Bast Propertie

Langton, Jast Propertie

Manon, G. st & West, C

, 1988 - Rebec.

, 1988 - Adi-Est, Roche

., 1988 - bec. Monico

1989 - Cam

, 1988 - Caor Exploratio

D., 1990 -Quebec. Min

G. and TuBateman, C

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Inc., 1990bec. Monico

D., 1991 quelin, Abitib

R., 1994 - Cantons Vau

P., 1994 bec. Mines

M.R., 2004

M.R. and Cuebec, for P

. and Horvauebec, for P

. and Langes, Val-d’Or

J. and Paches, Val-d’Or

and Pierre, Canton Vau

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ddenda Rese Consulting

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pagne de S

ampagne deon Inc.

- Campagnenes Vauqueli

urcotte, R.,antons Vauq

pagne de Soe Ltd.

- Leves Geor Exploratio

- Campagnbi, Quebec.

Leves Magnquelin, Que

- CampagnVauquelin L

4 - Rapport

Castonguay,Plato Gold C

ath, A.S., 20Plato Gold C

gton J., 20r, Quebec, fo

heco, N., 20r, Quebec, fo

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ultats du P Group Ltd.

e de Foragon Inc.

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e D’Explorain Ltd.

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ne D’ExploraMines Vauq

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ne D’ExplorLtd.

t de Travau

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011 - Asseor Plato Gol

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llac Gold Proj

D’Exploration

rogramme Mines Vauq

e, Propriet

er 87-88, P

ropriete Sim

tion 1989-1

Leves Geopbec.

90, Propriet

des Humus

ation Ete-Aquelin Ltd. a

ue et ElectroVauquelin L

ration 1994

ux, Propriet

- Technical

01 Technical

ssment Word Corp.

essment Wod Corp.

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ject – 2017 T

n (1988), P

Sondage 19quelin Ltd.

te Chimo C

rojet Nova.

mon Est, Ca

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physique, P

te Bloc-Oues

s, Propriete

utomne 19and Louvem

omagnetiquLtd.

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e Minerale

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l Report, No

rk Report,

ork Report,

onnage de Fc.

Technical Rep

Propriete Ba

988, Proprie

Centre, Can

Cambior In

anton de Va

t Bateman,

Propriete de

st, Mines Va

Vauquelin,

90, Proprie Mines Inc.

e au Sol, P

e Nordeau,

Vauquelin.

rdeau Gold

ordeau Gold

Nordeau E

Nordeau E

Forages Hist

port 102

ateman,

ete Bloc

nton de

nc.

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e Mines

auquelin

, Canton

te Bloc-

Propriete

Canton

Mirabel

Mineral

Mineral

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toriques,

Page 103: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

v

A

MB86-67, Louvicourt-V

MB87-05, mine d’Or C

MB87-52, Synthese SHaig - Rapp

MB97-11, Synthese Set Parties d

MM82-04, volcanologiq

MB88-14, Auriferes deQuebec.

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Gaudreau, RVauquelin, A

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Rocheleau,tratigraphiq

port Interim

Rocheleau,Stratigraphiqes Cantons

Imreh, L., que, lithostr

Rocheleau,e Chimo et

Sauve, P, Iere des Rich

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M, Gaudrede Nordeau

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t, R, St-Juliraphique et ere des Rich

t, R, Lacosteographique Pascalis et

on de la Moue et gitolog

eau, R, Sau - Region d

udel, P., 19urelles Queb

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heleau, M., nergie et de

Y., Champagere des Rich

ien, P, GauGitologique

hesses Natu

te, P, Racine et GitologDenain, Min

otte-Vassan gique. Minist

uve, P, Perde Val-d’Or.

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llac Gold Proj

1986. Geoloes Ressourc

gne, M, Leclhesses Natu

udreau, R, e du Secteurelles Queb

ne, M, Gaudgique: Cantnistere des

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rrier, B., 1. Ministère d

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laerc, A., 19urelles Queb

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ogie du secec.

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eridional: Surelles Queb

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., 1997. ng, Haig

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Page 104: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

4

_

I, John Lan1. This Ce

Project,12, 201

2. I graduQueen’sprofess

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DATED this

_________(Signed) J

ngton, M.Scertificate app, Val-d’Or, Q19; uated from ts Universityion continuo

currently wod by the ional Enginrary Membea part ownec, CANADA. Inc., and I aread the de

and certify t in NI 43-1ed person” fworked as

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prepared ah 20.0 of thc Gold Projded March 1d the East Cno person

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_________ohn P. Lan

CER

c., P. Geo.,plies to “TecQuébec NTS

the Universy, Kingston ously since orking and Ordre des

neers and er of the Asser of a geoI am also

am a minorefinition of “qhat by reaso101) and pafor the purps an exploregard to a vld and basened by ChaStreet, Suitas an emplonvolvementmineral reso-authored and take rehis Report eect, Val-d’O2, 2019);

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f February, 2

_________ngton, M.Sc

RTIFICATEJOHN

, of 1740 Suchnical RepoS 32-C/03, 3

ity of New in 1993 w

that time; living in QgéologuesGeoscientis

sociation of ological conon the Boaity share-hoqualified peon of my edast relevantposes of NI 4ration and various mine-metals, an

alice Gold Mte 1801, Tooyee; t with Chalisource that the previou

esponsibilityentitled “TeOr, Québec

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e Gold Mineribed in Secntity of mineo become aor any of itsntity of minehalice Gold Md Form 43-As of the dareport contake the tech

2017 (amen

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OF QUALIN LANGTON

ullivan Rd, Vort and Mine31N/14” da

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ard of Direcolder of Cartrson” set ou

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IFICATIONN

Val-d’Or, Queral Resourc

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gist since t types, inclpreparation ed, a body ario (M5E 1

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uébec do hece Estimatery 12th, 201

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Page 105: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

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ave knowledng the pro

with the pre

having a recontract/co

a QP, nor

entitled “TOr, Québec N

ny material

f the Proper

ent, arrangetity or emp

r income duciates or afftechnical rean mining

ormation and to be disc

port 105

eby

llac Gold d March

m Abtibi neering,

currently

(“NI 43-ation (as to be a

dge and ocedures paration

egistered onsulting

with the

Technical NTS 32-

fact or

rty, with

ement or loyee of

uring the filiates; eport in industry d belief,

closed to

Page 106: TECHNI CAL REP ORT RAL RESOURCE ESTIMATE

APPENDIX I

List of Claims comprising the East Cadillac Gold Property (Source : Ministère des Ressources naturelles, Québec

https://gestim.mines.gouv.qc.ca/)