TECHNICAL REPORT ON THE SEYMOUR LAKE · PDF fileTECHNICAL REPORT ON THE SEYMOUR LAKE PROPERTY...

TECHNICAL REPORT ON THE SEYMOUR LAKE PROPERTY (2002 and 2009 Diamond Drilling Programs)

Armstrong Station, North Western Ontario

Report for NI 43-101 Requirements

Project Number: 4001

Author(s): Matt Rees, VP Exploration

Date of Report: Original: April 5th, 2010

Revised: Sept. 1st, 2010

Seymour Lake - 4001 NI 43-101 Report

Linear Metals Corporation i

Table of Contents

1 SUMMARY ....................................................................................................................................... 1

2 INTRODUCTION AND TERMS OF REFERENCE .......................................................................... 2

3 RELIANCE ON OTHER EXPERTS ................................................................................................. 2

4 PROPERTY DESCRIPTION AND LOCATION ............................................................................... 3

4.1 Location .............................................................................................................................. 3

4.2 Tenure ................................................................................................................................. 4

5 ACCESSIBILITY, INFRASTRUCTURE AND PHYSIOGRAPHY .................................................... 6

5.1 Accessibility and Infrastructure ........................................................................................... 6

5.2 Physiography ...................................................................................................................... 7

6 HISTORY ......................................................................................................................................... 8

7 GEOLOGICAL SETTING ................................................................................................................. 9

7.1 Regional Geology ............................................................................................................... 9

7.2 Property Geology .............................................................................................................. 10

8 DEPOSIT TYPES .......................................................................................................................... 11

9 MINERALIZATION ......................................................................................................................... 12

10 EXPLORATION ............................................................................................................................. 13

11 DRILLING ...................................................................................................................................... 16

12 SAMPLING METHOD AND APPROACH ...................................................................................... 24

13 SAMPLE PREPARATION, ANALYSES AND SECURITY ............................................................ 25

14 DATA VERIFICATION ................................................................................................................... 26

15 ADJACENT PROPERTIES ............................................................................................................ 28

16 MINERAL PROCESSING AND METALLURGICAL TESTING ..................................................... 29

17 MINERAL RESOURCE AND MINERAL RESERVE ESTIMATES ................................................ 29

18 OTHER RELEVANT DATA AND INFORMATION ......................................................................... 29

19 ADDITIONAL REQUIREMENTS ................................................................................................... 29

20 INTERPRETATION AND CONCLUSIONS ................................................................................... 29

21 RECOMMENDATIONS.................................................................................................................. 30

22 REFERENCES .............................................................................................................................. 31

23 SIGNATURE PAGE (REPORT APPROVAL) ................................................................................ 32


Linear Metals Corporation ii

24 CERTIFICATE OF QUALIFICATIONS .......................................................................................... 33

25 APPENDICES ................................................................................................................................ 34

List of Tables

Table 4-1: Seymour Lake Project Claim Group 5

Table 11-1: Diamond Drill Hole Collar Data 18

Table 21-1: Exploration Budget for Recommended Exploration Program 30

List of Figures

Figure 4-1: Seymour Lake Project Location Map 4

Figure 4-2: Claim Group Locations, Seymour Lake and KM61 Projects 6

Figure 5-1: Regional Location and Infrastructure on Landsat 741 (pink = logged areas) 8

Figure 7-1: Regional Geology, Seymour Lake Area 10

Figure 9-1: North Aubry Pegmatite Mineralogy 13

Figure 10-1: Enzyme Leach Soil Results, 2008-2009, Lithium 15

Figure 10-2: Lithogeochemical Samples Results, 2002 & 2009, Lithium 16

Figure 11-1: Seymour Lake, Drill Hole Location Map 19

Figure 11-2: Drill Hole Location Map, North Aubry Showing 21

Figure 11-3: Section 9950N, North Aubry Showing 22

Figure 11-4: Drill Hole location Map, South Aubry Showing 23

Figure 11-5: Section 9450N, South Aubry Showing 24

Figure 14-1: 2009 Blank Control Chart 27

Figure 14-2: 2009 Standards Control Chart (SRM-series CRMs) 28

List of Appendices

Appendix 1: Tables of Significant Drill Hole Intersections, 2002 and 2009 ................................................ 34

Appendix 2: Report of 2002 Diamond Drilling (J. Morgan) ......................................................................... 37

List of Maps

Map 1: Seymour Lake Drill Hole Location Map ........................................................................... back pocket

Map 2: Seymour Lake Enzyme Leach Soil Sampling Compilation Map ..................................... back pocket

Map 3: Seymour Lake Lithogeochemical Sampling Compilation Map ........................................ back pocket


Linear Metals Corporation 1

1 SUMMARY

The Seymour Lake project (North and South Aubrey zones) was re-activated in 2008 when Linear

Metals Corporation undertook an Enzyme Leach soil survey. Based on positive results from the soil

survey, and rising demand for lithium, in the fall of 2009, a 2,400 metre drill program was completed. This

report primarily summarizes that recent exploration on the Seymour Lake lithium-beryllium-tantalum

pegmatite property, in response to National Instrument (NI) 43-101 regulations.

The Seymour Lake property is located 230 kilometres north-northeast of Thunder Bay, Ontario.

The property encompasses 13 contiguous unpatented claims totaling 161 claim units (2,576 hectares),

that are currently held 100% by Linear Metals. On October 1, 2007, Linear Metals entered into a

Memorandum of Understanding (MOU) with the Whitesand First Nation.

The claim group is located on the all-weather, two-lane, Jackfish main haulage road, 42

kilometres east of Armstrong Station, Ontario. The project has excellent proximity to existing rail sidings

at Ferland Station on the main CN rail line, 9 kilometres south of the project, Ontario Power Generation

has released updated plans for development of an 85 MW hydroelectric project on the Jackfish River, 8

kilometres from the North Aubry Zone, scheduled for completion in 2013 or 2014. The Aubry showings were originally discovered by prospector Nelson Aubry in 1957. In 2001,

Linear Resources Inc. optioned the Aubrey pegmatite occurrences from Stares Contracting Corporation.

During 2002 Linear Resources undertook a drill program of 1,866 metres in 32 shallow holes, testing the

near surface extent of the North and South Aubry zones over a limited area and depth. This work was

focussed on the discovery of tantalum mineralization, and although a significant tantalum zone was

discovered, significant lithium and beryllium mineralization was also intersected in almost all holes.

The property is located within the Caribou Lake Greenstone Belt, which trends east-northeast

towards the larger Onamon-Tashota Greenstone Belt. The Seymour claim area is underlain by Willet

Assemblage mafic volcanic-dominated rocks, with lesser Marshall Assemblage dacite tuffs and related

sediments. The eastern part of the property is underlain by a tonalite pluton, thought to be the parental

intrusion to the rare metal pegmatite dykes and sills exposed at the North and South Aubry showings.

The Seymour Lake area pegmatites have been classified as belonging to the Complex-type,

Spodumene-subtype. Mineralization is dominated by spodumene (Li), with lesser beryl (Be), tantalite

(Ta), and Rb-bearing potassium feldspar, hosted in a vertically stacked series of gently dipping pegmatite

sills. Four pegmatite sills have been intersected so far (Main, Lower, Lower-1 and Lower-2 horizons), all

of which remain open in two or more directions. At the North Aubry, mineralization has been intersected

over an area of approximately 250 by 300 metres on the Main horizon, where it is up to 26 metres in

thickness, with an average sample composite thickness of 11.52 meters and an average sample

composite grade of 1.467% Li2O, (see further explanation in body of report). Most holes also intersected

significant beryllium, and locally significant tantalum, which may be recoverable as potential by-product

credits.



Drilling of the Aubry occurrences during the 2002 and 2009 drill programs indicates that there is

an extensive but only locally tested system of rare-metal enriched pegmatite sills, both laterally and

stacked at depth. Additionally, soil and lithogeochemical sampling indicate that there is very good

potential for the discovery of significant extensions to the known occurrences, as well as the possibility of

discovering new zones, especially to the east and south. The project definitely warrants additional drilling.

2 INTRODUCTION AND TERMS OF REFERENCE

The Seymour Lake project had been idle for several years since 2002 until 2008, when Linear

Metals refreshed part of the grid on which an Enzyme Leach soil survey was undertaken to test for

subsurface extensions of the North and South Aubry zones. Based on positive results from the soil

survey, and rising demand for lithium, in the fall of 2009, a 2,400 metre drill program was completed. This

report primarily summarizes that recent exploration on the Seymour Lake lithium-beryllium-tantalum

pegmatite property, in response to National Instrument (NI) 43-101 regulations that require submittal of a

technical report if the property is considered material.

Most of the data and results (e.g. Appendix 1) reported herein have been previously released in

earlier company press releases, except for some minor additional detail in the report of the 2002 drilling,

which was completed prior to the NI 43-101 coming in to force. Salient information from that report

(Morgan, 2002) is included here (Appendix 2) for completeness so that all modern drilling is reported

under an NI 43-101 compliant document. As the drill logs, assay certificates and full drill sections are not

required in a NI43-101 report, these have been removed from Morgan’s report (i.e. List of Maps/Sections,

Appendices I to IV) to reduce its bulk, but are available in online in Dimmell, 2003.

All sources of information used in this report are contained in the following section, as well as

listed in the References section.

Linear Metals is a Canadian exploration company with projects in Canada and Mexico. The

company is primarily engaged in the exploration of mining properties with a view to commercial

production. Linear Metals is a reporting issuer in British Columbia, Alberta, Ontario, and Nova Scotia

whose common shares trade on the TSX Exchange.

3 RELIANCE ON OTHER EXPERTS

This report has been prepared by the staff of Linear Metals and consulting geologists in the

employ of Linear Metals. The information, conclusions, opinions, and estimates contained herein are

based on internal company data from the 2008 and 2009 exploration programs, and historical, publically

available assessment reports from the Ontario Ministry of Northern Development and Mines (MNDM)

website (i.e. Anaconda drilling from 1957, and Linear Resources drilling from 2002). Except for Geoff

Chinn, Resource Geologist, all Linear Metals personnel from the 2008-2009 exploration were present at



the property, performed the field work, and are responsible for the subsequently generated data that is

discussed in this report.

Data from earlier drill programs were used “as is” from the respective reports, and no specific

attempt has been made to verify these earlier results (e.g. QAQC), although in several cases holes from

the earlier programs were fully or partially twinned by holes drilled in later programs, with generally

comparable results.

This report relies heavily on the 2002 drilling results, reported by Morgan (2002), which were

incorporated into the current drill hole database and in part formed the foundation for the 2009 drilling.

Although no internal company QAQC program was used at that time, visual inspection of the internal

SGS-XRAL routine checks as listed on the assay sheets (e.g. duplicates and blanks), and knowledge of

the analytical methods used (total flux fusions, with XRF or ICP analyses) indicates that the assay data

are adequate to use reliably, at least on a first-pass basis. Before incorporation of these results into a

formal resource calculation, several QAQC checks (select quarter-sawn core, a few additional drill hole

twins) should be performed.

Due to the absence of individual drill sample assay information in the historical report, very small

core diameter (EXT), and some uncertainty in the collar locations, the 1957 Anaconda drill holes are used

for general reference only.

As the Seymour Lake project is contiguous to Linear Metals’ KM61 Mo-Cu-Ag property, some of

the general information in this report has been reproduced, in modified form, from the previously filed NI

43-101 report on KM61 (Ross, 2009).

For the purpose of this report, claim ownership information was verified at the MNDM website and

by consulting internal company records. Except for the purposes legislated under provincial securities

law, use of this report by any third party is at that party’s sole risk.

4 PROPERTY DESCRIPTION AND LOCATION

4.1 Location

The Seymour Lake property is located 230 kilometres north-northeast of Thunder Bay, Ontario.

Thunder Bay is a city with a population of approximately 125,000, located 925 kilometres northwest of

Toronto. The North Aubry deposit (the main showing of the Seymour Lake project) is centred at

396960E, 5584950N, (NAD 27, Zone 16). The geographic coordinates are approximately 88° 27’ 01” E

and 50° 24’ 33” N and lie within the Crescent Lake Map Sheet area (G-0027), NTS 52I/08. The property

covers an area of approximately five by six kilometres.



Figure 4-1: Seymour Lake Project Location Map

4.2 Tenure

The property encompasses 13 contiguous unpatented claims totaling 161 claim units and

approximately 2,576 hectares. As of the effective date of this report, all subject lands are in good

standing until at least July 2010 and are currently held 100% by Linear Metals (Linear Metals acquired a

100% interest in the Seymour Lake Property from Linear Gold in April 2006). The area of the original

optioned claim (1245661), and a 1 mile buffer around it, are subject to a 3.0% NSR, 50% of which is may

be repurchased by the Company for $1,000,000. None of the project claims has been surveyed.

The north east corner of the property is approximately 1 km from a licence of occupation for

flooding (LO 6192), held by Ontario Hydro along the Little Jackfish River system between Seymour and

Chappais Lakes. At this time, the plans for development of the Little Jackfish River into an 85 MW hydro

site do not include flooding of the area beneath the claims.

As the claims are on Crown Land, surface access is guaranteed under the Mining Act of Ontario.

Respectful that Linear Metals is working in the Traditional Land Use area of the Whitesand First Nation



(WFN), and specifically the trapline of a member of the WFN, Linear Metals has maintained a close and

co-operative relationship with the WFN. On October 1, 2007, Linear Metals entered into a Memorandum

of Understanding (MOU) with the WFN. Under the terms of the MOU, Linear Metals recognizes the

Treaty and Aboriginal Rights of the WFN together with their constitutional and other legal rights and the

WFN recognizes that Linear Metals has been delegated certain rights and obligations under the Mining

Act of Ontario. Both parties agree that an Impact and Benefits Agreement must be negotiated and

agreed to prior to the completion of a positive feasibility study. Although the MOU was originally signed

with respect to the KM61 project, it applies to the current Seymour claims as the MOU contains a four

kilometre area surrounding the KM61 claims.

Township/Area Claim

Number Recording

Date Claim Due

Date Percent Option

Work Required

Total Applied

Total Reserve

Claim Bank

CRESCENT LAKE 1245646

2001‐Jan‐19 2012‐Jan‐19 100% $6,000 $54,000 $0 $0


2001‐Jan‐05 2012‐Jan‐05 100% $6,400 $57,600 $148,294 $0


2001‐Jan‐19 2012‐Jan‐19 100% $3,200 $28,800 $0 $0


2001‐Jan‐19 2012‐Jan‐19 100% $4,800 $43,200 $0 $0


2009‐Nov‐04 2011‐Nov‐04 100% $4,800 $0 $0 $0


2009‐Oct‐05 2011‐Oct‐05 100% $6,400 $0 $0 $0


2009‐Oct‐05 2011‐Oct‐05 100% $6,000 $0 $0 $0


2009‐Oct‐05 2011‐Oct‐05 100% $6,400 $0 $0 $0


2009‐Oct‐05 2011‐Oct‐05 100% $1,200 $0 $0 $0


2009‐Oct‐05 2011‐Oct‐05 100% $6,000 $0 $0 $0


2009‐Oct‐05 2011‐Oct‐05 100% $6,400 $0 $0 $0


2009‐Oct‐05 2011‐Oct‐05 100% $3,600 $0 $0 $0

FERLAND STATION 4247474

2009‐Oct‐05 2011‐Oct‐05 100% $3,200 $0 $0 $0

Table 4-1: Seymour Lake Project Claim Group



Figure 4-2: Claim Group Locations, Seymour Lake and KM61 Projects

5 ACCESSIBILITY, INFRASTRUCTURE AND PHYSIOGRAPHY

5.1 Accessibility and Infrastructure

The claim group is located between kilometre 57 to kilometre 60 of the all-weather, two-lane,

Jackfish main haulage road, 42 kilometres east of Armstrong Station, Ontario. The project has excellent

access via the Jackfish road, as well as proximity to existing rail sidings at Ferland Station on the main

CN rail line, just 9 kilometres south of the project,. The project is almost connected to Ferland by a

improved gravel road (“Ferland Road”), the last 2 kilometres of which will be completed by WFN in the

summer of 2010.

The Jackfish road has been well maintained in the past by Buchanan Forest Products, providing

easily drivable access, at normal highway speeds, to the north margin of the property from Armstrong

year round. Buchanan Forest Products no longer maintains the road, and stakeholders in the region

(Linear Metals, Landore Resources, the Whitesand First Nations Band (WFN), and Ontario Power



Generation (OPG)) will have to take on maintenance. And recently, due to active work on their respective

projects, Landore and OPG have been maintaining the road in co-operation with WFN. The Armstrong

Ontario Ministry of Natural Resources (MNR) airfield, with two paved runways (ex-Canadian Forces

Station), is located at kilometre 13, east of Armstrong.

Currently, the closest electric power would be available from either Armstrong or from the

Beardmore-Geraldton area on the east side of Lake Nipigon. Ontario Power Generation has released

updated plans for development of an 85 MW hydroelectric project on the Jackfish River, 8 kilometre from

the North Aubry Zone. The development is scheduled for completion in 2013 or 2014. In addition, OPG

will commence the installation of a new power line in 2010, to access the Jackfish hydro development and

potential wind farms on the east side of Lake Nipigon, connecting these northern energy sources to the

Provincial power grid.

The town of Armstrong and the Whitesand First Nation have a combined population of less than

1,000 residents. Various services available at Armstrong include a general store, fuel, nursing station,

post office, and temporary accommodations. The closest airport with daily service to Toronto and

Winnipeg is located at Thunder Bay. The Thunder Bay region and Northwest Ontario in general have a

long mining history, with mining suppliers and contractors regionally available.

5.2 Physiography

The property lies within the Lake Nipigon Eco-region of the Boreal Shield Eco-zone and is

marked by warm summers and cold, snowy winters. The mean annual temperature is approximately

1.5°C. The mean summer temperature is 14°C and the mean winter temperature is -13°C.

The general topography in the area is characterized by gently rolling hills, with intervening swampy

areas. The total relief is less than 50 m with a mean elevation in the grid area of 360 m above sea level.

The exceptions to this are occasional mesa-like hills that stand out in the general area around the north

end of Lake Nipigon, created by caps of Proterozoic diabase sills. Specifically in the Seymour grid area,

the topography is dominated by a large rugged NNE-trending elongate hill which stands at a height of

approximately 100 m above the low swampy ground to the west. The Aubry showings are exposed at

surface along the west face of the hill. The area was completely glaciated and is now covered by tills and

sands generally less than five metres thick.

The project area lies 12 km south of a regional drainage divide between Hudson Bay and the Great

Lakes. The area is characterised by dense stands of jack pine, spruce, and white birch, with the pine and

spruce having seen heavy logging around but not within the project area, except for a small area at the

southwest end of the Main Zone. A storm in October 2001 produced major windfall thinning the forest but

making foot travel off roads and cut lines very difficult.



Figure 5-1: Regional Location and Infrastructure on Landsat 741 (pink = logged areas)

6 HISTORY

The Aubry showings were originally discovered by prospector Nelson Aubry in 1957, and

subsequently optioned by Anaconda Canada, which undertook a small drill program of 15 Winkie or X-ray

holes (totalling 500 metres) later that year.

The showings were then investigated by ACA Howe (under contract to Tanco) in 1970, and by

Cominco (in partnership with E&B Exploration) in 1979, both programs limited to surface mapping,

trenching, chip sampling, and ground geophysics. In 1999, Clark Exploration collected several surface

grab samples from the showings and surrounding area.

During 2001, Linear Resources Inc. (Linear Resources) optioned the Aubrey pegmatite

occurrence from Stares Contracting Corporation, and completed trenching and sampling (work was

performed by Emerald Geological Services). During 2002 Linear Resources undertook a drill program of

1,866 metres in 32 shallow holes, testing the near surface extent of the North and South Aubry zones

over a limited area and depth. Due to rising demand at the time, this work was focussed on the discovery



of tantalum mineralization, and although a significant tantalum zone was discovered in SL-02-15, SL-02-

18 and SL-02-31, significant lithium and beryllium mineralization was intersected in almost all holes.

7 GEOLOGICAL SETTING

7.1 Regional Geology

The property is located within the Caribou Lake Greenstone Belt, which trends east-northeast

along the north shore of Lake Nipigon, extending eastward to the Onamon-Tashota Greenstone Belt.

Government mapping shows the Seymour claim area as underlain by mostly Willet Assemblage mafic

volcanic-dominated rocks, with lesser units of Toronto Assemblage mafic volcanics, and minor Marshall

Assemblage dacite tuffs and related sediments. The eastern part of the property is underlain by a tonalite

to granite to granodiorite pluton, thought to be the parental intrusion to the rare metal pegmatite dykes

and sills exposed at the North and South Aubry showings. All Assemblages are crosscut by felsic to

mafic dykes of various ages and rock types, including the aforementioned pegmatite sills and dykes. The

most volumetrically significant post-mineralization intrusive rocks are Proterozoic Nipigon mafic sills,

which form the caps of the prominent “mesa-like” hills in the Lake Nipigon area.



Figure 7-1: Regional Geology, Seymour Lake Area

7.2 Property Geology

The northwest corner of the grid is mainly underlain by a sequence of greywackes with lessor

bedded tuffs and minor massive mafic to felsic volcanic of the Marshall Assemblage (see Figure 7-1).

The remainder of the grid is underlain by mafic volcanics (massive and pillowed with areas of high grade

amphibolites) of the Willett Assemblage. Dykes and sills of pegmatite, gabbro, tonalite and quartz or

feldspar porphyry cross cut all supracrustal rocks. West of the main showings, a prominent gabbro dyke

intrudes in a northeast direction, and is cut by pegmatite, indicating that the gabbro pre-dates the main

plutonic event .The mafic volcanics are flanked to the east by a granite to granodiorite pluton, which in

the grid area is medium grained and relatively massive with up to 15% black biotite. Inclusions of a fine

to medium grained, orangey granite were found near the contact and in the vicinity of the showings but it

is not clear whether this a separate pulse of magma or due to later alteration or oxidation. This pluton

may be the fertile parent associated with pegmatite emplacement.

In outcrop and trench exposures, the pegmatites are of two general varieties; the first pegmatite

is white, and is composed of k-spar, lesser albite, quartz and muscovite and is medium to very coarse



grained (megacrystic). The other pegmatite is orange-red, medium to very coarse grained with k-spar and

lesser quartz and muscovite. Both pegmatites can contain spodumene, beryl and tantalite with more

secondary hematite alteration noted in the orange variety, which helps imparts its distinct colouration.

The bulk of the pegmatites occur as horizontal sills which are often connected by a lesser volume of

vertical dikes.

The mafic volcanic are cross cut by at least two generations of shears and/or faults. The main

shears dip sub-vertically, and trend north, northeast and east. A prominent set of sub-horizontal step-

faults are exposed on a few steep-sided outcrops, and these appear to form the main locus of pegmatie

emplacement, especially in proximity to the shears, which also host thin pegmatite dykes. The general

broad antiform-synform structure of the pegmatites may be due to dip undulations in the step-faults, or

possibility to post-pegmatite folding.

The most prominent alteration found in the mafic volcanics is epidote-calcite-quartz, usually

associated with pillowed units which show some degree of strain. These zones may also be cut by

feldspar stringers, which may indicate proximity to a pegmatite body. When in very close proximity to a

pegmatite, the altered zones may also host holmquistite (lithium-bearing amphibole).

8 DEPOSIT TYPES

The Seymour Lake area pegmatites (North and South Aubrey zones) have been classified as

belonging to the Complex-type, Spodumene-subtype (Breaks et. al., 2005). Pegmatite bodies of this

type, if large enough, are known to contain variously recoverable quantities of lithium (Li), beryllium (Be),

tantalum (Ta), rubidium (Rb), cesium (Cs), gallium (Ga) and tin (Sn). These “rare-metals” are generally

concentrated in specific mineral species such as spodumene (Li), beryl (Be), tantalite (Ta), pollucite (Cs)

or even potassium feldspar (Rb).

There are numerous examples of these types of pegmatites world-wide, with at least two

currently being exploited: at Greenbushes in Australia (Li-Ta-Sn) and at Bernic Lake, Manitoba (Li-Ta-Be-

Rb-Cs); and one potentially being put into production in the near-term (2012) by Canada Lithium at its

Quebec Lithium project (Li-only) near Val d’Or, Quebec.

For comparison, and specifically in terms of Li2O grades, lithium being the primary commodity,

the North Aubry zone (based on holes drilled to date above a cut-off of 0.5% Li2O) averages

approximately 1.45% Li2O, while Quebec Lithium averages 1.15% Li2O, Bernic Lake about 2.75% Li2O,

and Greenbushes reports about 4% Li2O. Lithia grades are controlled not only by the abundance of

spodumene in the pegmatite, but also by the minerals purity (i.e. lack of other cation “contaminants” such

as iron).



9 MINERALIZATION

Mineralization at the North and South Aubrey zones is dominated by spodumene (Li), with lesser

beryl (Be), tantalite (Ta), and Rb-bearing potassium feldspar, hosted in a vertically stacked series of

gently east-dipping, shallowly north-plunging pegmatite sills. At this time, at least four pegmatite sills

have been intersected, namely the Main, Lower, Lower-1 and Lower-2 horizons. At the North Aubry,

mineralization has been intersected over an area of approximately 250 by 300 metres on the Main

horizon, where it is up to 26 metres in thickness. At the South Aubry, although more drill holes are

needed, the pegmatite sills have been intersected over a strike length of approximately 200 metres.

There is an undrilled gap between the North and South Aubry zones of approximately 150 m where

trenches have uncovered pegmatite sill, but the northward plunge indicates that the South Aubry sills are

more likely contiguous with the Lower-1 and Lower-2 sills that the Main and Lower sills at North Aubry.

Although up to 7 different mineralogical sub-zones of the pegmatites have been described in

detail (Dimmell, 2002), the recent drilling has shown that the sills can be considered as broadly zoned

with a spodumene-quartz-albite bearing core and potassium feldspar rich edges. Spodumene crystals

vary from 10 centimetres in length to as much as 3 to 4 metres. Beryl crystals occur throughout the width

of the pegmatite, often in very large pale green crystals as much as 0.4 m in diameter. Tantalite occurs

as fine to coarse crystals (up to 2 cm in diameter), generally irregularly distributed along strike (local

pockets may contain as much as 50% tantalite, i.e. “nuggety”), but concentrated near the albite-

potassium feldspar transition.

It should be noted that a different type of pegmatite mineralization was discovered in 2002, when

crews discovered a large (1 m diameter), sub-angular lepidolite-mineralized boulder just to the east of the

South Aubry showing. A source for this boulder has yet to be located, but local glacial striae indicate a

nearly 270-trending ice direction, indicating the boulder may be sourced locally from a swampy

depression located approximately100 to 200 m up-ice. A short transport distance is indicated by the

relative friability of micaceous lepidolite relative to prismatic spodumene, and indeed there are very few

spodumene-bearing pegmatite boulders observed down-ice of the Aubry showings.



A

B

C

Figure 9-1: North Aubry Pegmatite Mineralogy

(A – abundant, large, pale green spodumene, parallel to hammer, in quartz-albite core, B – concentrated pocket of “cubic” black tantalite and blue apatite near Na-K feldspar transition, note dime for scale; C – very large pale green beryl, approximately 0.3 x 0.4 m)

10 EXPLORATION

In 2002, Linear Resources undertook some surface work, including expansion of pre-existing

trenches and lithogeochemical sampling, and drilled 1866 m in 32 holes. This work is fully documented in

Dimmell (2003), which is publically available at the website of the Ontario Geologic Survey as AFRI#

52I08NW2004.

In 2008, in an effort to advance the property, 200 metre spaced grid lines at Seymour were

refreshed and an Enzyme Leach soil survey undertaken at a 50 metre sample spacing along the lines. At

total of approximately 640 samples were collected, which successfully indicated several potential areas of

additional pegmatite-hosted lithium-tantalum-beryllium mineralization, both close to the known

occurrences and at kilometric distances from them.



In 2009, concurrent with the drilling, Linear crews extended the grid to the south, and mapping,

prospecting, lithogeochemical sampling, and extensions to the Enzyme Leach soil survey were

completed.

Although the 2009 drilling did not clarify the exact relationship between the Enzyme Leach soil

anomaly profiles and patterns to the distribution of pergmatite lenses, the samples do show a very large

area of anomalous lithium responses, both close to and at kilometric distances from the known showings,

This strongly indicates that there must be additional undiscovered pegmatite sources within the grid area.

Several recce lines completed well to the south of the current grid also returned anomalous lithium, and

need to be followed up. Till sampling in this area by the OGS also detected strongly anomalous lithium,

further supporting the Enzyme Leach soil anomalies.

By combining the 2002 and 2009 sample sets, lithogeochemical sampling of the supracrustal

rocks (i.e. mafic volcanic, not pegmatites), both “fresh” and sheared or altered, also indicate at least five

significant untested areas of very strong lithium enrichment (complimented by anomalous rubidium and

cesium) that should be followed up with additional drilling.

The first area is located immediately north of the North Aubry showing, where a very strong and

open anomaly extends north for at least 600 m from the North Aubry showing, leading credence to the

proposed scenario that the pegmatite sills plunge under SL-02-01 and may extend for a considerable

distance to the northeast.

The second area is located immediately SE of the South Aubry showing, where an approximately

200 m long anomaly suggests there are significant extension of the sills in this direction. Furthermore, a

third anomaly, approximately 800 m long is located to the west of the South Aubry, suggesting excellent

potential for the subsurface extension of the Lower horizon and even the Main horizon if the geometry

flexes over to a westward dip.

A fourth area is located well to the south of any known pegmatite occurrences, surrounding the

base of large 0.8 km x 1.2 km hill, informally termed “Lookout Hill” as it is the highest point on the overall

“Forsyth Ridge”, strongly suggesting the hill conceals one or more sills of undiscovered pegmatite.

The fifth and last area is located to the west of the Pye showing, and in the area where SL-09-39

intersected a significant thickness of pegmatite, likely the down-dip extension of the Pye showing. This

large lithochem anomaly (approximately 600 m x 800 m) suggests that this new lens has significant strike

and dip extent, and should be followed up with additional drilling to test for unaltered parts of the sill.



Li ppb

North Aubry

South Aubry

Pye

Figure 10-1: Enzyme Leach Soil Results, 2008-2009, Lithium



North Aubry

South Aubry

Pye

open

Figure 10-2: Lithogeochemical Samples Results, 2002 & 2009, Lithium

11 DRILLING

The drilling that was completed by Linear Resources in 2002 is reported in Morgan (2002,

Appendix 2). Only a summary description is provided here, although the drill results have been

incorporated into the Seymour Gemcom database. The lithologic information from the 1957 Anaconda

drill holes was also incorporated into the database, for general reference only, as the full assay data is

currently unavailable, and there is some uncertainty in the collar locations. Due to these uncertainties,

and the fact that these holes were generally very shallow (< 30 m), the Anaconda holes are not shown on

any maps and figures used in this report, although their absence does not make the figures misleading or

affect the subsequent interpretations and conclusions presented in this report.

An additional drill program was undertaken by Linear Metals in the fall of 2009 to follow-up the

soil sampling results and to test for subsurface extensions of the know mineralization. Approximately

2,362 metres in 19 holes tested extensions of the North (12 holes) and South Aubry (7 holes) zones, as

well as several Enzyme Leach anomalies, including one located down-dip of the Pye Showing. All holes



from both 2002 and 2009 were drilled vertically, and recovered NQ-sized core. Major Drilling were the

contractors in 2002, and La Framboise Diamond Drilling contracted in 2009. In 2002, drill collars were

chained in from grid pickets, but all drill collars (2002 & 2009) have been located using a handheld

Garmin GPS unit, using position averaging, estimated to be within 1-3 m of the actual location. In 2002

drill hole orientation was measured using a Tropari at the bottom of the hole, while in 2009 down hole

surveys were performed on all of the completed holes using a Flexit Multishot® survey tool, at 50 to 100

m intervals. The company also completed post-drill environmental inspections at all 2009 drill sites,

where the drill was generally mobilized along existing logging trails.

Hole No. East

(NAD27) North

(NAD27) Altitude

(m) Depth

(m) Comments SL02-01 396973 5585033 387 60.00 SL02-02 396979 5584979 389 71.75 SL02-03 396982 5584935 399 54.00 SL02-04 396985 5584869 403 47.00 SL02-05 396982 5584845 397 39.00 SL02-06 396994 5584778 391 105.00 SL02-07 397031 5584981 394 93.00 SL02-08 396929 5584976 381 30.00 hole lost at 30 m SL02-09 396933 5584931 392 30.00 SL02-10 396882 5584931 391 72.00 SL02-11 396882 5584976 389 54.00 SL02-12 396889 5584778 380 40.00 SL02-13 396868 5584777 371 40.00 SL02-14 396916 5584874 384 18.00 SL02-15 396937 5584876 385 24.00 SL02-16 396906 5584936 378 40.00 SL02-17 396547 5584389 338 75.00 SL02-18 396570 5584417 339 81.00 SL02-19 396554 5584163 339 27.00 SL02-20 396590 5584122 350 81.00 SL02-21 396621 5584084 348 75.00 SL02-22 396635 5584066 343 75.00 SL02-23 396562 5584302 325 137.70 SL02-24 396677 5584022 344 75.00 SL02-25 396915 5584792 369 50.00 SL02-26 396914 5584845 382 50.00 SL02-27 396956 5584900 401 50.00 SL02-28 396936 5584898 386 50.00 SL02-29 396913 5584899 385 42.00 SL02-30 396957 5584868 384 42.00 SL02-31 396961 5584841 397 42.00 SL02-32 396258 5584725 304 95.00 hole lost at 95 m SL09-03A 396981 5584933 388 164.00 deepening of SL02-03 SL09-09A 396933 5584926 382 107.00 deepening of SL02-09 SL09-27A 396958 5584900 383 95.00 deepening of SL02-27



Hole No. East

(NAD27) North

(NAD27) Altitude

(m) Depth

(m) Comments SL09-33 396921 5584973 375 114.00 “twin” of SL02-08 SL09-34 397134 5584917 383 164.00 SL09-35 397298 5584921 385 221.00 SL09-36 397040 5584823 386 104.00 SL09-37 397348 5584615 375 299.00 SL09-38 396720 5584352 375 158.00 SL09-39 398259 5584962 374 101.00 SL09-40 398028 5584201 na 20.00 abandoned, collared in granite SL09-41 397114 5584396 377 150.00 SL09-42 397398 5584164 357 152.00 SL09-43 397028 5584943 391 122.00 SL09-44 397004 5584906 390 98.00 SL09-45 397054 5584905 387 125.50 SL09-46 397086 5584942 373 151.00 SL09-47 397069 5584863 393 131.00 SL09-48 396626 5584428 357 89.00

Table 11-1: Diamond Drill Hole Collar Data



open

open

open

open

200 m

North Aubry

South Aubry

Pye

- Grid Lines

On Elevation Image

Figure 11-1: Seymour Lake, Drill Hole Location Map

The drilling significantly extended the area of the Main/Lower Horizon at the North Aubry,

including the discovery of several new, stacked, high-grade lithium-bearing pegmatite sills (Lower-1 and

Lower-2) at depth below the Main and Lower Horizons, all of which remain open in two or more

directions. The drilling at the North Aubry Zone successfully intersected pegmatite mineralization in all 12

drill holes, with significant lithium and beryllium mineralization in 10 of these holes. The drilling also

intersected a thick pegmatite sill down-dip of the Pye occurrence, indicating potential for mineralization

over a kilometric area, supported by several untested lithium in soil anomalies and several areas of

anomalous lithium in the host volcanics. A summary of significant drill hole intersections from both 2002

and 2009 are shown in Appendix 1:

To date, significant lithium mineralization on the Main Horizon has been delineated over an area

of approximately 200 x 250 meters, with an average sample composite thickness of 11.52 meters and an

average sample composite grade of 1.467% Li2O, (from 22 drill holes applying an arbitrary cut-off of



greater than three meter thickness and a composite grade greater than 0.5% Li2O). Most holes also

intersected significant beryllium, and locally significant tantalum, which may be recoverable as potential

by-product credits.

The results indicate that the Main Horizon appears to plunge or dip beneath hole SL-02-01,

towards an area where an open, lithium-rubium-cesium litho geochemistry anomaly, approximately 600

meters long, indicates the potential for mineralized pegmatite at shallow depth. The results of 2009 drill

program also support a geologic model comprised of at least four stacked mineralized pegmatite sills

(open at depth below the currently deepest known horizon, Lower-2), which provide the potential to

significantly increase tonnage relative to the previously known Main Sill or Main Horizon. Recent drilling

has also shown that the Lower Horizon primarily occurs as a composite “lamination” with the Main Sill,

although locally may be located a few meters below the Main Horizon. SL-09-03A, SL-09-27A and SL-

09-44 all intersected high-grade lithium in the Lower-1 Horizon, which remains open to the north, south

and west. SL-09-09A also intersected a brand new horizon, the Lower-2 Horizon which, although of

moderate grade and thickness where intersected, remains open in all directions.

During the drill program, all holes were also sampled for lithogeochemistry, especially in deeper

holes that did not hit any pegmatite, both to understand the extent of the metasomatic alteration halo

generated by the pegmatite sills, and to check for pegmatite bodies that may have been narrowly missed

by a particular drill hole. Plots of this data are still being studied, but significantly, samples from the

bottoms of several holes, including SL-09-03A, -34, -37, -38, and -42 have unexplained enrichments in

lithium, rubidium and cesium. This indicates that these hole may have narrowly missed pegmatite bodies

that are off-hole or below the bottom of the hole, and require further study and perhaps follow-up drill

testing.



50 m grid

Plunge 20º N

Dip 30º N

Intersected narrowsub-vertical dykes

- Main/Lower Horizon, preliminary solid model

Section 9950N

Figure 11-2: Drill Hole Location Map, North Aubry Showing

(Note: general legend as Figure 11-1)



M/L

L-1

L-2

Figure 11-3: Section 9950N, North Aubry Showing

(Note: M/L = Main/Lower Horizon, L-1 = Lower-1 Horizon, L-2 + Lower-2 Horizon)



50 m grid

Plunge 10º N

Dip 30º N

Lepidolite Boulder

Section ~9450N

- Main/Lower Horizon, preliminary solid model

Figure 11-4: Drill Hole location Map, South Aubry Showing

(Note: general legend as Figure 11-1)



M

L

Figure 11-5: Section 9450N, South Aubry Showing (Note: M = Main Horizon, L= Lower Horizon)

12 SAMPLING METHOD AND APPROACH

In the 2002 drill report, little is mentioned on this subject other than that sample intervals

averaged approximately 1 m, and core recoveries are not mentioned other than in a few rare instances

where a significant amount of lost core may have affected sample results (these are reproduced in

Appendix 1). During the 2009 program, core recovery was generally very good, allowing for

representative samples to be taken and accurate analyses to be performed. The core is descriptively

logged on-site by Linear Metals’ geologists, paying particular attention to lithologies, structure, alteration

and mineralization.

At the drill, core boxes are numbered and depth markers are prepared for each three metre rod

length in metric units. Core barrels are emptied from top to bottom into 1.5 m core box channel lengths.

After placing the last piece of core, a depth marker is placed and its location is drawn in the box. Boxes

are tied closed, collected by a geotechnician or geologist, driven to the core shack, and stacked for

logging.



At the core shack, geotechnicians check depth markers and box numbers. Geologists select and

mark sample intervals and saw-lines directly on the core. Samples are typically one to one and a half

metres long. In special cases, such as a narrow high-grade interval or internal zonation boundary of the

pegmatite, the sample length may have been reduced to reflect that feature. Geotechnicians mark sample

intervals including regular samples, QA/QC samples and density measurements. All core boxes are

photographed. Geotechnicians refit core lengths and capture various geotechnical measurements. Core

is sawn along the saw line with both halves replaced in box. Core samples are bagged, numbered,

tagged, and secured with plastic zip ties. The location of QA/QC samples are identified in sample books.

After sampling, core boxes are placed in order by box number and stored outside on covered

racks located at the Mackenzie Lake Inn in Armstrong, Ontario. Sample bags are ordered and placed

into rice bags which are then stored in a locked shed outside the core shack. Sample transmittal forms

are prepared and inserted in the shipment and also e-mailed or faxed to the lab. On the day of shipping,

sealed rice bags containing samples are placed outside, in designated shipping area, to be picked up by

a courier which delivers the samples to the Activation Labs (Actlabs) in Thunder Bay, Ontario. Upon

receipt and weigh-in at the lab, a sample receipt is transmitted by e-mail to the core shack in Armstrong.

13 SAMPLE PREPARATION, ANALYSES AND SECURITY

As described in Item 12, core samples from 2009 were logged, marked for sampling, sawn and

bagged for shipment by Linear Metals personnel. Drill core samples for analysis are stored in a secure

shed prior to shipping. The shed at the core shack is either locked or under supervision of the geological

staff during the work day. Prior to shipping, drill core samples are placed in large rice bags, sealed,

weighed and addressed. A sample transmittal form is prepared that identifies the samples in the

shipment, analytical procedures requested and a unique purchase order number for tracking. On the day

of the shipment, the sealed sample shipment bags are placed outside the core shack in a designated

pick-up area where a bonded courier loads the shipment and transports it to the Actlabs facility in

Thunder Bay, Ontario. In some cases, if logistically beneficial, batches of rice bags are transported to

the lab via company vehicles Actlabs completes sample preparation in its facility in Thunder Bay and

forwards the pulps to its Ancaster laboratory for analysis.

Actlabs’ Quality System is accredited to international quality standards through the International

Organization for Standardization /International Electrotechnical Commission (ISO/IEC) 17025 (ISO/IEC

17025 includes ISO 9001 and ISO 9002 specifications) with CAN-P-1758 (Forensics), CAN-P-1579

(Mineral Analysis) and CAN-P-1585 (Environmental) for specific registered tests by the SCC. The

accreditation program includes ongoing audits which verify the QA system and all applicable registered

test methods.

The typical drill sample preparation at the laboratory involves weighing, drying, fine crushing the

entire sample to a minimum of 90% passing 2 mm or better, splitting the sample through a riffle splitter,

and pulverizing a 250 g split to a minimum of 95% passing 105 µ or better (code RX-1 Terminator). Linear



Metals requested splits from coarse reject material on a regular basis as part of their quality control

program. Pulps were analyzed for 57 elements by fusion in sodium peroxide followed by nitric acid

digestion to ensure all all rare metal (RM) and rare earth element (REE) bearing phases were put into

solution. This was followed by analysis using combined ICP and ICP-MS techniques (code UT7-Q). Any

over limits from the first pass are re-diluted and re-analysed to ensure all elements are reported properly.

Drill samples taken in 2002 were split using a mechanical splitter (not sawn, at least by visual

inspection of some of the core in the NMDM Conmee core yard). Analyzes were performed by SGS

XRAL Laboratories in Don Mills, Ontario using lithium metaborate fusion and XRF (code XRF7) for Cs,

Nb, Rb, and Ta, and sodium peroxide fusion with ICP-OES (code ICP90) for Li and Be.. A few additional

details can be found in Appendix 2.

14 DATA VERIFICATION The 2002 drill program did not include any specific company-implemented QAQC protocols

(Appendix 2). SGS-XRAL routinely uses internal blanks, duplicates and standards, although the

standards employed were not of ore grade, and so are of limited use in QAQC controls. Visual inspection

of the duplicate values and the blanks indicates there are no major problems, although the numbers were

not statistically analysed as they are not available in digital form. Should the analyses be used in a formal

resource calculation at a future date the duplicate and blank values should be added to the GEMCOM

database, as well as some additional QAQC work as mentioned in Section 3 above.

During the 2009 drill program Linear employed standard QA/QC protocols involving the

submission of standards, duplicates and blanks within each batch of samples. A total of 383 core

samples were submitted for analyses, including both samples of mineralized pegmatite, and

lithogeochemical samples of un-mineralized mafic volcanic to test for nearby mineralization that may have

been narrowly missed.

For blanks (n = 13), half sawn core of Logan diabase was used, recovered from core drilled on

the KM61 project. The diabase contains very low levels of rare metals, so was ideal for this purpose.

Duplicates (n = 12) were pulp duplicates, whereby the lab was instructed to make two pulps from the split

coarse crush. Standards (n = 24) used were Certified Reference Materials (CRMs) obtained from the US

National Institute of Standards and Technology (NIST), which included SRM 181, SRM 182, and SRM

183. Although relatively costly, these are all “ore grade” lithium standards (from approximately 4.1 to

6.4% Li2O), and were the only ore grade standards that were found to exist after a long search of most

commercial suppliers. For tantalum, a CRM called TAN-1 was obtained from the National Research

Council (NRC) here in Canada. A specific “ore grade” beryllium standard was not found or used.

Results of the performance of each QA/QC metric for lithium are summarized in the following

sections, noting initially that there was good reproducibility of pulp duplicates, with less than 20%

variability. For blanks, there are two which suggest possible contamination or mis-matches in the racks at

the laboratory prior to analysis, although the levels of lithium detected in both are still relatively very low



(>50 ppm Li), and given their placement in the respective batches, do not affect any of the mineralized

intervals that have been reported.

Figure 14-1: 2009 Blank Control Chart

Given the extremely high lithium grade of the SRM-series standards, we have assumed that a

10% tolerance is reasonable. Even thought the standards are issued with a 0.05% LiO2 tolerance from

the original round-robin analyses, at these high grade levels it is probably unreasonable to expect that

type of a performance tolerance from a commercial, high-volume laboratory. Even so, a plot of the

standards indicates that the initial batches, which contained all of the high grade mineralized pegmatite

intervals were within the assumed 10% tolerance, while later batches, which contained low-grade

lithogeochemical samples, show a higher variability of as much as 20 to 25%. Given the large difference

between the sample lithium values in these batches (>1000 ppm Li) and the standard lithium values, this

variability is largely insignificant, although is currently under review by the laboratory, as are the two

blanks mentioned above.



Figure 14-2: 2009 Standards Control Chart (SRM-series CRMs)

15 ADJACENT PROPERTIES

The KM61 Mo-Cu-Ag porphyry property, also 100% owned by Linear Metals, is located

immediately to the northeast of the Seymour property. An NI 43-101 report on KM61 is available, which

outlines the initial Mineral Resource calculations on the Main Zone deposit. More relevant to the rare

metal pegmatite story, the KM61 claim block covers several historical lithium-bearing pegmatite

occurrences (Crescent Lake group) at the far east end of the property, namely the Chappais Lake,

Dempster L40 and Dempster L61, with the Dempster L28 on the very east edge of the claims (showing

names after Pye, 1968; see Figure 7-1 for locations).

Contiguous to the east of the KM61 Linear claims, a large block of claims (“Zig Zag” group) is

held by Ultra Lithium, which also cover several historic pegmatite showings of the Crescent Lake group,

including the eastern extension of the Dempster L28, the Tebishogeshik, and the Dempster East. A

further 6 km east, Canadian Orebodies holds two separate claim groups that cover additional historical

rare metal pegmatite occurrences comprising the Falcon Lake group, and to the south, the North

Lamaune (Despard) showing.

On March 4th, 2010, Canadian Orebodies announced that it is has entered into an Option

Agreement with Ultra Lithium to acquire an 80% interest (subject to a 2% NSR retained by the Owners,

50% of which can be purchased by Orebodies for $1,000,000) in the Zigzag property.

The only other active claim group in the area is located approximately 20 km east, where Landore

Resources is investigating Ni-Cu-PGE, Lode Au, and Fe in iron formation mineralization on its Junior



Lake and Lamaune Lake properties. The Landore property also encompasses the Swole Lake pegmatite

(lepidolite subtype) boulder field.

16 MINERAL PROCESSING AND METALLURGICAL TESTING

No metallurgical test work has been attempted by Linear, and none has been historically

reported.

17 MINERAL RESOURCE AND MINERAL RESERVE ESTIMATES

No Resources or Reserve calculations have been attempted, and at this point, quite a bit of

additional drilling would be necessary to complete such a study.

18 OTHER RELEVANT DATA AND INFORMATION

To the best of the author’s knowledge, no other relevant information is available.

19 ADDITIONAL REQUIREMENTS

Not applicable at this time, as no advanced economic studies have been attempted.

20 INTERPRETATION AND CONCLUSIONS

Drilling of the Aubry occurrences during the 2002 and 2009 drill programs indicates that there is

an extensive but only locally tested system of rare-metal enriched pegmatite sills and (minor?) dykes

hosted within “Forsyth Ridge”, both laterally and stacked at depth.

Numerous intersections have returned significant high grades of lithium, beryllium and tantalum

over “mineable” widths, including the Main Horizon at the North Aubry which is located at least in part at

surface, and which averages 11.52 meters in thickness at an average composite grade of 1.467% Li2O.

The Main Horizon at North Aubry has been intersected in drill holes over an area of approximately 200 m

x 250 m, and is underlain by at least three more stacked and open horizons at relative shallow depth that

carry similar lithium grades.

Additionally, surface soil sampling and lithogeochemical sampling indicate that there is a very

good possibility of discovering significant extensions to the known occurrences (north of North Aubry;

west and southeast of South Aubry), as well as the possibility of discovering new zones, especially to the

east (Pye showing area) and south (Lookout Hill).



21 RECOMMENDATIONS

The project requires and definitely warrants more drilling, which can be separated into two main

thrusts: one program to delineate additional mineralization in the most advanced area, namely the North

Aubry zone, in an effort to start delineating a potential resource, and another program to test the outlying

enzyme leach and lithogeochemical targets. An initial program of approximately 5000 m should be

devoted to each, for a total of approximately 10,000 m.

Based on the total all-in cost of the 2009 drill program (approximately 2,400 m @ CDN$315,000),

the estimated cost of the drilling would be approximately CDN$1,260,000, as indicated below:

Item Unit Cost ($/x) Units Total

Drilling 105/m 10000 metres 1,050,000

Assays 50 each 1000 50,000

Labour (geologists and helpers) 900/day 120 days 108,000

Accommodations (room/board/office) 7000/month 4 months 28,000

Transportation (truck rental and fuel) 4000/month 4 months 16,000

Reporting 500/day 14 days 8,000

Total $1,260,000

Table 21-1: Exploration Budget for Recommended Exploration Program



References

Breaks, F.W., et. al., 2005: Fertile Peraluminous Granites and Related Rare-Element Pegmatites,

Superior Province of Ontario, GAC Short Course Notes 17, p. 87-125.

Dimmell, P., 2003: Second Year Assessment Report on 2002 Exploration, Seymour Lake Property;

MNDM Assessment File (AFRI) # 52I08NW2004. Note: the specific report on the 2002 drilling is

contained in this report as Appendix 8 (see reference below).

Morgan, J, 2002: Report on the Seymour Lake Diamond Drilling Program, July-August, 2002, Linear

Resources Inc. Internal Company Report (extracted from Dimmell, 2003, see reference above).

Pye, E.G., 1968; Geology of the Crescent Lake; Geologic Report No. 55, Ontario Dept. of Mines.

Ross, D., 2009: Technical Report on KM61 Project, Armstrong, Ontario; NI 43-101 report prepared by

Scott Wilson RPA for Linear Metals Corporation. Available on the SEDAR website (www.sedar.com) and

the Linear Metals website (www.linearmetals.com).

Swensen, W.T., 1957: Diamond Drilling on the Aubrey Occurrences; MNDM Assessment File #

52I08NW0026. Note: this “report” is largely incomplete, only containing drill logs and two crude location

maps. The full report is available in the Anaconda Archives at the University of Wyoming.



24 APPENDICES

Appendix 1: Tables of Significant Drill Hole Intersections, 2002 and 2009

North Aubry, 2002, Lithium and Beryllium Results

Hole Horizon

From

(metres) To

(metres) Width

(metres) Li2O(%) BeO(%)

SL-02-2 Main 45.75 60.00 14.25 1.735 0.046

SL-02-3 Main 25.65 30.20 4.55 1.210 0.038

And Lower 32.50 40.70 8.20 1.370 0.037

SL-02-4 Main 25.00 34.20 9.20 2.386 0.034

SL-02-5 Main 18.00 21.60 3.60 0.944 0.039

SL-02-8 * Main 13.60 30.00 16.40 0.830 0.022

SL-02-9 Main 1.45 22.10 20.65 0.955 0.037

SL-02-10 Lower-1 51.85 57.05 5.20 1.578 0.062

SL-02-14 Main 2.65 8.35 5.70 2.212 0.065

SL-02-15*2 Main 6.35 11.80 5.45 1.302 0.034

SL-02-16 Main 1.70 9.55 7.85 1.148 0.055

SL-02-25 Main 1.40 1.65 0.25 0.829 0.013

SL-02-26 Main 1.65 5.05 3.40 2.484 0.024

SL-02-27 Main 3.00 26.85 23.85 1.325 0.031

SL-02-28 Main 2.30 14.10 11.80 1.837 0.127

SL-02-29 Main 1.80 13.75 11.95 1.696 0.096

SL-02-30 Main 2.00 18.90 16.90 2.081 0.025

And Lower? 23.30 27.00 3.70 1.837 0.037

SL-02-31 Main 1.60 19.32 17.72 1.475 0.028

* SL-02-08 was lost at 30 metre depth

*2 this interval preceded by 0.95 m of lost core and then preceded by 0.7 m of 1.052% BeO



South Aubry, 2002, Lithium and Beryllium Results

Hole Horizon

From

(metres) To

(metres) Width

(metres) Li2O (%) BeO (%)

SL-02-17 Lower 30.70 35.05 4.35 1.460 0.056

SL-02-18 Main 25.00 31.25 6.25 0.339 0.013

And Lower 52.10 61.18 9.08 1.262 0.067

SL-02-19 Main 2.65 17.15 14.50 0.304 0.040

SL-02-20 Main 3.00 16.30 13.30 0.757 0.048

And Lower 58.20 60.00 1.80 0.454 0.088

SL-02-21 Main 2.35 18.64 10.36 0.648 0.052

And Lower 50.82 52.02 1.20 0.288 0.027

SL-02-22 Main 8.13 15.20 7.07 0.390 0.036

And Lower 39.18 42.10 2.92 1.401 0.046

SL-02-23 Main 1.95 5.20 3.25 0.625 0.074

SL-02-24 Main 13.90 17.95 4.05 0.307 0.049

North Aubry, 2002 & 2009, Tantalum Results

Hole Horizon From To Width (metres) Ta2O5 (%)*

SL02-15 Main 6.35 9.75 3.40 0.104

SL02-28 Main 3.75 6.00 2.25 0.108

SL02-31 Main 6.35 7.50 1.15 0.092

and Lower? 14.50 19.32 4.82 0.118 *In the 2009 drilling, only two narrow high grade tantalum intersections were made: SL-09-3A with 1.0 m of 0.221% Ta2O5; and SL-

09-33 with 0.84 m at 0.098% Ta2O5.

*Strong Rb2O values were also encountered in most of the drill holes, giving average values of 0.1% to 0.6% over the composite

interval, but as with tantalum and beryllium in note (1), no metallurgical or comparative work has been undertaken to quantify what

ultimately may be recoverable values of rubidium, or any other potential by-product credits such as gallium or thallium.



North Aubry, 2009, Lithium and Beryllium Results

Hole Horizon From (metres)

To (metres)

Width (metres) Li2O % BeO %(1)

SL-09-03A Lower-1 74.17 85.30 11.13 1.203 0.033

SL-09-09A Lower-1 53.12 58.70 5.58 0.108 Nsa(2)

And Lower-2 71.90 75.30 3.40 0.833 0.038

SL-09-27A Lower-1 62.00 67.60 5.60 1.895 0.068

SL-09-33 Main/Lower 14.40 40.53 26.13 1.584 0.046

And Lower-1 90.2 93.5 3.3 0.936 0.063

And Dyke? 105.3 106.4 1.1 1.176 0.070

SL-09-34 Main 86.32 97.54 11.22 0.550 0.023

SL-09-43 Main 51.55 58.00 6.45 1.030 0.017

And Lower-1 97.28 102.08 4.80 0.735 0.010

SL-09-44 Main 32.80 39.55 6.75 2.100 0.082

And Lower-1 72.70 75.84 3.14 2.457 0.031

SL-09-45 Main/Lower 48.00 60.90 12.90 1.676 0.045

SL-09-46 Main/Lower 60.82 78.45 17.63 0.710 0.047

SL-09-47 Main/Lower 51.52 55.40 3.88 1.507 0.081

And 55.40 62.40 7.00 0.200 0.024

South Aubry, 2009, Lithium and Beryllium Results:

SL-09-48 intersected several narrow horizons, including 1.23 metres at 0.422% Li2O and 0.062% BeO,

and 2.32 metres at 0.854% Li2O and 0.032% BeO



Appendix 2: Report of 2002 Diamond Drilling (J. Morgan)

APPENDIX 8

2002 (Second Year) Assessment Report

SEYMOUR LAKE PROPERTYNTS 52 1/8

LINEAR RESOURCES INC.

REPORT ON THE SEYMOUR LAKEDIAMOND DRILLING PROGRAM

July-August, 2002

Thunder Bay Mining Division Crescent Lake Area, Ontario

NTS 52 1/8

Latitude 50024' N, Longitude 88027' W

Magnetic Declination in 2002: 40 18' West

RECEIVED-JAN

GEOSCIENCE ASSESSMENT OFFICE ————

St. John's, Newfoundland 23 September 2002

J.A. Morgan, B.Se. (Honours) Consulting Geologist

52I08NW2004 2.26906 CRESCENT LAKE 020

Seymour Lake Property - Report on 2002 Drilling Program

SUMMARY

From July to August, 2002, Linear Resources Inc. carried out 1865.7 metres of diamond drilling on the Seymour Lake Tantalum property, located approximately 12 kilometres north of Lake Nipigon within the Caribou Lake - Marshall Lake greenstone belt of Northwestern Ontario. A total of 32 holes were drilled, including 23 on the North Aubry zone and 8 on the South Aubry zone. The program successfully defined the main portions of these pegmatites and intersected significant tantalum mineralization within each. The drill program also substantiated the model of stacked pegmatite sheets on the Seymour Lake property.

The highest tantalum grades were encountered in the southern portion of the North Aubry pegmatite, where drill holes SL02-15, 28, and 31 all intersected narrow zones of high-grade tantalum mineralization up to G.464% Ta2C*5 over a one-metre sample width. As defined by drilling, the North Aubry pegmatite has a minimum strike length of 260 metres, widths up to at least 100 metres, and a true thickness in its central portion of 13-25 metres. The pegmatite remains open down-dip to the east and also to the north, where it appears to develop a moderate plunge of about 35 0 . Weighted averages from all drill intercepts of the main body of the North Aubry pegmatite produce an overall grade of Q.019%

Diamond drilling extended the known strike extension of the South Aubry pegmatite by 125 metres, giving it an indicated minimum strike length of 320 metres. The largest known portion of the pegmatite has a true thickness on the order of 15 metres, and it remains open to the north, south, and down-dip to the east. Tantalum grades and fractionation appear to be increasing in the southern portions of the dyke, with the highest grades returned from SL02-24. This drill hole, the southernmost on the South Aubry, averaged 0.018 yoTa2O5 over 4.05 metres. Weighted averages from all of the South Aubry intercepts produce an overall grade of G.013%

Two holes, SL02-17 and 18, were drilled on the trench SA-5 pegmatite roughly halfway between the North and South Aubry zones. Both holes intersected several dykes, grading up to 0.01 1 07oTa2O5 over 5.54 metres and 0.019 "MiTa2O5 over 6.25 metres.

The North and South Aubry pegmatites represent two of the most highly fractionated, tantalum-rich, albite-spodumene type pegmatites in Ontario, with individual samples often assaying above the average upper limits for this type of pegmatite. Because of the generally coarse nature of the mineralization, it is probable that assay values produced from drill core samples actually underestimate the true tantalum grades of the pegmatites, particularly for the North Aubry. It is very likely that additional tantalum-bearing, albite-spodumene type pegmatites remain to be discovered on the property, both laterally and at depth in relation to the presently known pegmatites.

The Seymour Lake Tantalum property is deemed to have good potential for the discovery and development of economic-grade tantalum deposits, and further work is recommended for the property. Future exploration should focus on accurately determining tantalum grades within the southern, more highly fractionated portion of the North Aubry pegmatite, better defining the South Aubry pegmatite to the south, and identifying new tantalum-bearing pegmatites on the Seymour Lake property.

23 September 2002


TABLE OF CONTENTS

SUMMARY1.0 INTRODUCTION .......................................................................................... l2.0 LOCATION AND ACCESS .......................................................................... l3.0 LAND POSITION .......................................................................................... l4.0 PREVIOUS WORK ........................................................................................ 25.0 REGIONAL GEOLOGY ................................................................................ 36.0 PROPERTY GEOLOGY ................................................................................ 4

6.1 Country Rocks .......................................................................................... 46.2 Pegmatites ................................................................................................. 5

6.2.1 North Aubry Pegmatite .................................................................. 56.2.2 South Aubry Pegmatite .................................................................. 6

7.0 RESULTS OF THE 2002 DRILLING PROGRAM ...................................... 77.1 North Aubry Pegmatite ............................................................................. 97.2 South Aubry Pegmatite ............................................................................. 137.3 Enzyme Leach Target ............................................................................... 16

8.0 DISCUSSION ................................................................................................. 179.0 CONCLUSIONS AND RECOMMENDATIONS ......................................... 20

REFERENCES ............................................................................................... 22STATEMENT OF QUALIFICATIONS ........................................................ 23

List of Tables

Table l Seymour Lake Property Claims List ............................................. Page 2Table 2 Seymour Lake Property 2002 Drill Hole Statistics ....................... Page 8Table 3 North and South Aubry Average Tantalum Grades ...................... Following 18

List of Figures

Figure l Seymour Lake Property Location Map .......................................... Following lFigure 2 Seymour Lake Property Claims Map ............................................ Following 2Figure 3 Seymour Lake Property Geological Setting Map ......................... Following 3Figure 4 North Aubry Pegmatite, with Drill Hole Locations ...................... Following 6FigureS South Aubry Pegmatite, with Drill Hole Locations ...................... Following 6Figure 6 North and South Aubry Pegmatites, with Drill Hole Locations ... Following 6

23 September 2002


List of Maps

Map l North Aubry Geology, Trench, and Drill Hole Locations (l :500) Map 2 South Aubry Geology, Trench, and Drill Hole Locations (l :500)

List of Drill Sections

North Aubry Drill Section 100+50N (SL02-01) ............................................. Back PocketNorth Aubry Drill Section 100+OON (SL02-02, 07, 08, 11) .......................... Back PocketNorth Aubry Drill Section 99+50N (SL02-03, 09, 10, 16) ............................ Back PocketNorth Aubry Drill Section 99+25N (SL02-27, 28, 29) .................................. Back PocketNorth Aubry Drill Section 99+OON (SL02-04, 14, 15, 30) ............................ Back PocketNorth Aubry Drill Section 98+60N (SL02-05, 26, 31) .................................. Back PocketNorth Aubry Drill Section 98+OON (SL02-06, 12, 13) ................................... Back PocketSA-5 Drill Section (SL02-17, 18) ................................................................... Back PocketSouth Aubry Drill Section 93+50N (SL02-23) ............................................... Back PocketSouth Aubry Drill Section (SL02-19, 20, 21, 22, 24) ..................................... Back PocketEnzyme Leach Drill Section 98+OON (SL02-32) ........................................... Back PocketLongitudinal Drill Section 100+50E (SL02-01, 02, 03, 04, 05, 06) ............... Back PocketLongitudinal Drill Section 100+OOE (SL02-08, 09, 15, 28) ........................... Back Pocket

List of Appendices

Appendix I Diamond Drill Hole Logs with Oxide Conversions Appendix II Drill Core Sample Assays and Oxide Conversion Tables Appendix III Assay Certificates (XRAL) - Pegmatite Drill Core Samples Appendix IV Assay Certificates (Accurassay) - Non-Pegmatite Drill Core Samples

(Au and Ag Analyses)

23 September 2002

Seymour Lake Property: Report on 2002Dritling Program

1.0 INTRODUCTION

The Seymour Lake Tantalum property, located north of Lake Nipigon in Northwestern Ontario, was optioned by Linear Resources Incorporated in January 2001. The property is host to two main zones of rare metal bearing pegmatites, known as North and South Aubry, which have been subject to sporadic exploration since the late 1950s. Until recently, most of the limited exploration work on these pegmatites had focused on lithium mineralization.

Exploration work carried out by Linear Resources Inc. during 2001 resulted in the discovery of extremely high-grade tantalum mineralization at the North Aubry pegmatite. The most spectacular mineralization occurs in trench NA-5, where subhedral to euhedral manganotantalite crystals up to 3.5 x 5cm commonly occur in association with cleavelandite (Breaks et al., 2001). Channel samples from the NA-5 trench produced values up to 2.49(Mi Ta2O3 over 4.0 metres and grab samples graded up to 6.0607o Ta^j (Garber, 2001).

The objective of the diamond drilling campaign carried out from July to August of 2002 was primarily to define the North and South Aubry pegmatite geometry in the sub-surface and to quantify the degree of tantalum mineralization contained within these bodies at depth. Several holes drilled during this program also tested for the presence of blind pegmatites at depth, postulated to occur as part of a series of stacked pegmatite sheets.

The purpose of this report is to document and discuss the results of the 2002 drill program, and to provide recommendations for further work on the Seymour Lake Tantalum property.

2.0 LOCATION AND ACCESS

The Seymour Lake Tantalum property is located approximately 12 kilometres due north of Lake Nipigon in Northwestern Ontario (Figure 1). The property can be accessed by traveling eastward from Armstrong along the Jackfish Road, a well-maintained, all-weather gravel logging road. At kilometre 57.3, a rough gravel road provides access to the western portion of the property, from where several ATV trails lead to the North and South Aubry trenches. The NTS reference for the property is 52 1/8, with the property centred approximately at latitude 50024' N and longitude 88027' W (UTM 398000E l 5584000N, NAD 83).

3.0 LAND POSITION

The Seymour Lake property consists of 13 mining claims totaling 164 units (Table l and Figure 2), and was optioned from Stares Contracting of Thunder Bay in January of 2001. Under the terms of the agreement, Linear Resources Inc. have the option to earn a 10007o interest in the Seymour Lake property by spending S300,000 in exploration, making S120,000 in cash payments, and issuing 200,000 shares over three years. The option is subject to a 3 07o NSR, of which 1.507o may be acquired by the company for 51,000,000.

23 September 2002

LOCATION MAPOF

ONTARIO PROJECTS

Yuko Territory \Northwest Territories

Street NetworkTrans-Canada Highway (TCH) Main Highways Secondary Streets

Boundaries--— Provincial— - International

1509^

Kilometres

LINEAR RESOURCES INC. Figure l

-1

Kilometres

EMERALD GEOLOGICAL SERVICES

SEYMOUR LAKE PROJECT

Claim Map

Drawn by CDSNTS52I/O8

Scale; 1:50,000Date:OctV01 Figure: 2

Seymour Lake Property: Report on 2002DriUing Program

Table l: Seymour Lake Property Claims List

ClaimTB 1245661TB 1245645TB 1245648TB 1245664TB 1245646TB 1245662TB 1245663TB 1246732TB 1246733TB 1246734TB 1246735TB 1246719TB 1246720

TOTAL:

Units1616612158128816161516

164

Recorded HolderLinear Resources Inc.Linear Resources Inc.Linear Resources Inc.Linear Resources Inc.Linear Resources Inc.Linear Resources Inc.Linear Resources Inc.Linear Resources Inc.Linear Resources Inc.Linear Resources Inc.Linear Resources Inc.Linear Resources Inc.Linear Resources Inc.

Date Recorded05 Jan 200119 Jan 200119 Jan 200119 Jan 200119 Jan 200119 Jan 200119 Jan 200113 July 200113 July 200113 July 200113 July 200113 July 200113 July 2001

4.0 PREVIOUS WORK

1957 Nelson Aubry. a resident of Nakina, Ontario, discovered the spodumene-bearing North and South Aubry pegmatites approximately 3.5 kilometres west of Seymour Lake.

1957 The Anaconda Company (Canada) Limited, under the direction of E. Brinley, carried out detailed mapping, sampling, and diamond drilling of the North and South Aubry pegmatites. Eleven holes totaling 398 metres were drilled on the North Aubry pegmatite, and 4 holes totaling 100 metres tested the South Aubry pegmatite. Drill core was assayed for lithium and beryllium, and returned values up to 2.29'J'o Li2O over 48.0 feet (14.6 metres) and 1.73 07o Li2O over 67.5 feet (20.6 metres) at the North Aubry zone. Tantalum analyses was not performed.

1959-62 E.G. Pye, Ontario Department of Mines performed geological mapping in the Crescent Lake area at a scale of l inch to l mile (Map 2100), and described several lithium occurrences in the map area, including the North and South Aubry pegmatites. Pye described the North Aubry pegmatite as a north-striking body that intrudes amphibolite and pillow lava, with an intermittent exposure of 700 feet (213 metres). Pye estimated the outcrops to contain about 3007o unaltered spodumene, and did not observe any internal zonation of the pegmatite. The South Aubry pegmatite was described as striking N35 0 W, with an intermittently exposed strike length along the base of a steep escarpment of about 400 feet (122 metres). Spodumene content was noted to be considerably lower in the South Aubry than the North Aubry.

23 September 2002

Seymour Lake Property: Report on 2002Drilling Program

1969-70 ACA Howe International Ltd. (for Tantalum Mining Corporation of Canada) performed geological mapping, geophysical (magnetic and electromagnetic) surveying, stripping, and chip sampling on the property. A total of 110 chip samples were collected, producing values up to G.05% Ta2O5 . Fourteen samples assayed at least G.01% Ta2O5 . No further work was performed, and the claims were allowed to lapse.

1979 E&B Explorations Inc., in partnership with Cominco Ltd, performed linecutting and a ground magnetometer survey over 13.19 line miles (21.2 kilometres) of the property as part of their re-evaluation of several lithium bearing pegmatites. Two northeast trending magnetic highs were identified on the property, conformable with regional airborne magnetic trends and paralleling the strike of the volcanic rocks in this area. The magnetic low situated between the two magnetic high trends was noted to correspond with the location of the North and South Aubry pegmatites.

1999 Gary Clarke (Clarke Exploration) carried out limited sampling of the North and South Aubry pegmatites, including four samples from the Anaconda drill core remaining on the property. Surface samples of the North Aubry pegmatite graded up to 299 ppm Ta (G.037% Ta2O5), 591 ppm Cs (G.063% Cs2O), S.7% Li2O, and G.63% Rb2O. Three of the four samples taken from the Anaconda drill core assayed greater than 100 ppm Ta.

2001 Stares Contracting of Thunder Bay staked a single claim comprising 16 units covering the exposed portions of the North and South Aubry pegmatites.

5.0 REGIONAL GEOLOGY

The Seymour Lake Tantalum property is situated within the Caribou Lake - Marshall Lake greenstone belt within the Wabigoon subprovince of the Superior province (Figure 3). All of the bedrock exposed in the Crescent Lake area is Precambrian in age, the oldest of which are 3 to 2.7 billion-year-old, isoclinally folded volcanic and sedimentary rocks, including some iron formation (Blackburn et al, 1991). These rocks are cut by 3 to 2.7 billion year old granitoid batholiths, gabbroic sills and stocks (Blackburn et al, 1991). The granitic rocks generally occur as large bodies flanking the metavolcanic - metasedimentary complex, and represent the most common rock type in the Crescent Lake area (Pye, 1968).

The metavolcanic and metasedimentary rocks of the Caribou Lake - Marshall Lake greenstone belt form a regional syncline, with the stratigraphy dipping steeply south along the northern margin of the belt and northwards along the southern margin (Pye, 1968). The metavolcanic rocks predominantly consist of amphibolite, pillow lava, and metadiabase, and also account for a large portion of the rocks in the Crescent Lake area. Interlayered tuffaceous horizons occur within the metavolcanics throughout the Crescent Lake area.

The metasedimentary rocks are generally thicker and more abundant in the eastern portion of the belt, and form distinct units bordering, and to a lesser extent within, the metavolcanics. The metasediments are generally fine to medium grained, well foliated, and variably bedded.

23 September 2002

O 1

GEOLOGICAL SETTING - SEYMOUR LAKE- . '--7

rtw' y

North Aubry

l(P

rSouth Aubry

Kilometers

i

Seymour

t .j..-

CENOZOIC 1

RECENT AND fi EISTOCENfi

PRECAMBRIAN" PROTEROZOIC

•••EWEF NAW*

MAUSMAL.I. L^Kt: GWOUI--

(AfterMap 2100 Creacwil late Area (1962))

Seymour Lake ProjectProperty Geology

Date: Oct 2002Scale:NTS 52 1/8 Figure 3

Figure 3: Seymour Lake Property Geology Map.


They predominantly occur as biotite schist or gneiss, biotite-quartz-feldspar gneiss, and quartzite (Pye, 1968). The schist and gneiss are interpreted to be metamorphosed argillaceous sediments, probably greywackes, derived from intermediate to mafic volcanics. The quartzite occurs more commonly in the eastern portion of the Crescent Lake map area, and rarely in the western portion (Pye, 1968).

Minor fold structures within the rocks are generally either regional first-generation folds or second-generation folds related to local igneous intrusions. Foliation within the sequence is typically developed along relict layering, except in localities proximal to large transverse faults and igneous intrusions. Joint sets are typically widely spaced and steeply dipping, ranging in orientation from 3400-0200 . They predominantly represent extensional joints that developed transverse to the regional folding. Most of the mafic volcanic rocks display mineralogical evidence of amphibolite facies metamorphism (Pye, 1968).

6.0 PROPERTY GEOLOGY

6.1 COUNTRY ROCKS

As illustrated in Figure 3, the Seymour Lake Tantalum property is predominantly underlain by mafic volcanics, including pillow lava, massive to schistose amphibolite, and lesser tuff (Pye, 1968). These rocks display evidence of compression and regional folding, especially the pillow lava. Pillows exposed in the vicinity of the North Aubry pegmatite, near the western edge of the NA-5 trench, are significantly elongated in the vertical dimension. Pillow lava in this area indicates that stratigraphic tops are toward the north (Pye, 1968).

A crudely wedge-shaped, northeast-striking package of metasedimentary rocks extends across the northwestern margin of the property, forming a synclinal structure known as the Aubry syncline (Pye, 1968). These rocks thicken to approximately one kilometre in width before bifurcating and terminating in the vicinity of the Forsyth Lake Fault (see Figure 3). The southeastern and eastern margins of the property are flanked by extensive granite and porphyritic granite intrusions that extend across the entire southern portion of the Crescent Lake map area (Pye, 1968).

The Forsyth Lake Fault is a transverse fault that extends from Forsyth Lake, located along the southern property boundary, north-northeast through the north-central portion of the property to the eastern side of Talbot Lake (Figure 3). Pye (1968) estimates a sinistral displacement of approximately 1000 feet (305 metres) across this fault. A second, roughly parallel fault follows Seymour Creek northward through Seymour Lake and Chappais Lake along the eastern margin of the property (Figure 3). Displacement across this fault appears to be dextral (Pye, 1968).

23 September 2002


6.2 PEGMATITES

The two main tantalum-bearing pegmatites on the property, the North and South Aubry, both belong to the LCT (lithium-cesium-tantalum) family of rare-element class of granitic pegmatites, according to the classification scheme of Cerny (1991). More specifically, they both exhibit the defining characteristics of the albite-spodumene type of pegmatites, but display some mineralogical similarities to the spodumene sub-type of complex pegmatites. A third pegmatite, known as the Seymour Lake pegmatite, occurs approximately 1.5 kilometres east-northeast of the North Aubry pegmatite (Figure 3) and was not investigated during the drilling program. It is a north-trending, gently west-dipping, lensoid dyke at least 300 feet (91metres) long and 18-80 feet (5-24 metres) wide. It predominantly consists of feldspar, quartz, and muscovite, with minor spodumene (Pye, 1968).

6.2.1 North Aubry Pegmatite

As summarized by Breaks et al (2001), the main portion of the North Aubry pegmatite is composed of an assemblage of muscovite, spodumene, quartz, K-feldspar, and cleavelandite with local sections of primary aplite, quartz, and muscovite-rich pods. Despite earlier descriptions of it as displaying little internal zoning (Pye, 1968 and Garber, 2001), detailed mapping of the recently trenched pegmatite exposures by Pedersen (2002) defined seven distinct mineralogical zones within the North Aubry pegmatite. A synthesized version of Pedersen's (2002) geological legend recognizing five main mineralogical assemblages was adopted for the 2002 drilling program, as detailed below:

5a Quartz - K-spar (± Muscovite ± Albite ± Beryl) * Pedersen Zones 1& 2- texturally heterogeneous, coarse grained- accessory silver muscovite, pale green beryl, trace apatite, tantalite

5b Albitic Aplite (± K-spar ± Muscovite) * Pedersen Zones 3- coarse K-feldspar locally; common accessory green muscovite and blue apatite- fine grained tantalite locally

5c Megacrystic Spodumene - K-spar - Quartz (± Albite) *Pedersen Zones 4 &S- characterized by dark green to tan spodumene- Ta more enriched in spodumene-bearing sections; also associated with quartz- random muscovite, common accessory blue apatite

5d Cleavelandite - Quartz - K-spar (± Spodumene ± Muscovite) *Pedersen Zone 6- highly replaced zone, with cleavelandite after K-feldspar and albite- spodumene often with hematitic and sericitic alteration- common quartz pods and aplitic sections- accessory pink beryl, lepidolite, and garnet (mostly spessartine)- coarse pseudo-cubic manganotantalite and bladed columbite-tantalite

5e Quartz (± Muscovite ± K-spar) * Pedersen Zone 7- essentially a quartz core (not observed to be strongly developed)

23 September 2002


As illustrated in Figure 4, the North Aubry pegmatite is discontinuously exposed over a minimum strike length of 265 metres, while its exposed width ranges from 15 to 75 metres. It strikes roughly northward and dips variably toward the east. Recently trenched exposures, particularly in trenches NA-5 and NA-6, indicate that it comprises a series of stacked, shallowly to moderately dipping sheets joined by several smaller, steeply dipping dykes. Previous drilling on the property by The Anaconda Company (Canada) Limited suggests that the eastward dip of the pegmatite steepens to as much as 400 at the crest of the hill along the eastern edge of the recently trenched exposures.

The most highly evolved portion of the North Aubry pegmatite occurs in trench NA-5, where subhedral to euhedral manganotantalite crystals measuring up to 3.5 x 5cm in size commonly occur in association with local cleavelandite. Results of electron microprobe work indicate that the trench NA-5 area contains the most tantalum rich manganotantalite yet documented in Ontario, with an average bulk rock Ta2O5 value of 80.7 07oTa2O5 (180 analyses). Channel samples from this locality graded up to 2.49 07oTa2O5 over 4.0 metres, while grab samples returned values up to 6.06 07oTa2O5 (Garber, 2001).

6.2.2 South Aubry Pegmatite -

The main body of the South Aubry pegmatite, exposed in trenches SA-1 to SA-3, is located approximately 600 metres south of the North Aubry pegmatite (Figures 5 and 6). In terms of their mineralogy, there is a considerable decrease in spodumene content and an increase in silver-green muscovite at the South Aubry as compared to the North Aubry. The South Aubry exposures are characterized by spodumene-bearing feldspathic zones, often with accessory green beryl, and subordinate muscovite-rich quartz-albite zones.

Channel samples taken during the 2001 surface program generally returned lower tantalum values than those from the North Aubry, and ranged from 0.005 07oTa2O5 to 0.0125 07oTa2O5 . The highest values, up to 0.029 07oTa2O5 , were taken from the trench SA-2 and SA-3 areas. Trench SA-3, which is the southernmost exposed limit of the South Aubry pegmatite, also returned the highest lithium, cesium, rubidium, and beryllium values. During the course of detailed mapping at the South Aubry, Pedersen (2002) noted locally abundant tantalite in the trench SA-3 exposure; tantalum oxide occurrences in the SA-1 and SA-2 trenches are comparatively rare. This is very significant in that it may indicate a trend of increasing fractionation and tantalum grades toward the south in this pegmatite.

The SA-5 trench was excavated roughly halfway between the North and South Aubry zones in order to test for continuity between them. Pegmatite exposed in this trench is moderately to strongly hematized, and displays an overall rusty red hue. It is composed of K-feldspar, quartz, minor muscovite and spodumene, with patchy but significant cleavelandite. Five grab samples from this pegmatite produced values ranging from 0.011 (K)Ta2O5 to 0.033 *M)Ta2O5 .

23 September 2002

NORTH

AUBRY

ZONE 100 * SON SL02-01

Trench NA - 4

100 + OON SL02-1'

s Trench NA - 31a,1c

Trench NA-1W

99 * 00 N*

Trench NA-8 l l

SL02-02 SL02-07

SL02-03

Trench NA - 2 Trench NA-1E

SL02-15 \ SL02-30 SL02-04

SUE-26A

\

Trench NA-6;a

SL02-05

1a


^^^ ^

98 + OONSL02-13————*—————

Trench NA- 5SL02-12 SL02-06

NA-7

50iSff

meters100


North Aubry Pegmatite Locations

Drawn by CDS

Date: Oct2002

Scale: 1:20,OOoTFigure 4

NTS: 52 I/8 |

Figure 4: North Aubry Pegmatite, with Drill Hole Locations

SOUTH

AUBRY

ZONE

Trench SA - 2N

Trench SA - 2S

SL02-18*

SL02-17

Trench SA-5

SL02-23

Trench SA -1

SL02-19

\

\\SL02-20

Trench SA - 3

Trench SA-6

94 + OON

92 * 00 N

91-i-SON

\SL02-21

SL02-22 9H-OON

SL02-24


South Aubry Pegmatite with Drill Hole Locations

Drawn by GDS

Date: Ocl2002

Scale: 1:25,000

NTS: 52 I/8

Figure 5

90 + 50N

Lepidolite boulder Q.054% Ta O'

50-J- meters

100 Trench SA - 4


Figure 5: South Aubry Pegmatite, with Drill Hole Locations

Sl.02-14 Trench NA-6

Trench NA-8

Trench f

.A__ —\ , i ™SL02-05 ^J3" SL02-26\SL02-31

SL02-25

Trench SA-6

SL02-18 * ,SL02-17

Trench SA-S

SOUTH //' SL02-23

AUBRY //'

ZONE

//"tfj i, '--i Trench SA - 1

1"

, . Trench SA-2N ^ sj,2 .1g

\ li ^^ l W"MN

Trench SA - 2S \^ \

^\ V\v TSL02-20

fT^^JV "Trench SA - 3 AJt^J^ SL02-21

'V " SL02-22--^ ^ 11-- B

- ix

N xs SL02-24 ^^ "V^fc -\ .^^^ ~rV iO*WM

W N— r",.. LepktoHta boulder O.OS4S Ta O

fT-TT-rr-tr-fT-TT-rt 4A-^^'

LINEAR RESOURCES INC. TreZ^T

0 100

meters200

————l


South Aubry Pegmatite with Drill Hole Locations

Drawn by CDS Scale: as shown

Date: Od 2002 NTS: 52 1/8

Figure 6

Figure 6: North and South Aubry Pegmatite, with Drill Hole Locations

Seymour Lake Property: Report on 2002Dril!ing Program

7.0 RESULTS OF 2002 DRILLING PROGRAM

A total of 1865.70 metres of NQ size core were drilled in 32 holes from July 12 to August 13 during the 2002 program. Drilling was performed by Major (Dominik) Drilling of Val-D'Or, Quebec, a division of Major Drilling Group International Inc. A Tropari was used for taking directional surveys at the end of each hole. Drill supervision and core logging was carried out by the author. All core splitting was performed by Jeff Skaling of Thunder Bay, Ontario. The drill core was logged and split in Armstrong, and later transported to Thunder Bay for storage at the MNDM core storage facility in Conmee.

A total of 314 core samples were split and sent to XRAL Laboratories in Don Mills, Ontario for analysis of tantalum (Ta), niobium (Nb), rubidium (Rb), and cesium (Cs) by X-Ray Fluorescence (XRF), and for lithium (Li) and beryllium (Be) by Atomic Absorption (AA). Samples were crushed to -10 mesh, with 250 gram splits milled to -200 mesh in a chrome steel mill, and analyzed as follows:

ProcedurePressed Pellet 1 XRF

tt

tt

tt

Sodium peroxide fusion 7 AA44

ElementTaNbRbCsBeLi

Lower Detection Limit5 ppm2 ppm2 ppm5 ppm5 ppm10 ppm

Split sample intervals averaged l metre in length. The results reported by XRAL in parts per million (ppm) were converted to percentage oxide for each element. Diamond drill hole logs with oxide conversions are included in Appendix I. Tables of the individual sample assays with oxide conversions and weighted averages over select intercepts are included in Appendix II. Pegmatite assay certificates are located in Appendix III. Three additional samples were collected from drill hole SL02-32, which failed to intersect pegmatite, and sent to Accurassay Laboratories in Thunder Bay, Ontario. These samples underwent fire assay analysis for gold (Au) and silver (Ag). Assay certificates are included in Appendix IV.

Drill collars were chained from grid points on the property grid, and were also surveyed using a Garmin 'Summit' GPS unit. Relative elevations of all drill holes at the North and South Aubry zones were determined using a hand-held secant scale clinometer by Peter Dimmell. The estimated accuracy of these readings is ± 0.5 metres. The relative elevations between the North Aubry, South Aubry, and drill hole SL02-32 areas was estimated using a Garmin 'Summit' GPS. The accuracy of these readings is estimated to be ± 10 metres.

Casing was pulled from all of the holes except SL02-01 to 05, SL02-08, SL02-10, SL02-14, and SL02-32. Two holes, SL02-08 and SL02-32 were abandoned at 30 and 95 metres, respectively, after the drill bits and rods were lost in the holes. Drill hole locations are shown on Maps l and 2, as well as Figures 4-6. Drill hole statistics are listed in Table 2.

23 September 2002


Table 2: Seymour Lake Property 2002 Drill Hole Statistics

Hole

SL02-01SL02-02SL02-03SL02-04SL02-05SL02-06SL02-07SL02-08SL02-09SL02-10SL01-11SL02-I2SL02-13SL02-14SL02-I5SL02-16SL02-17SL02-18SL02-19SL02-20SL02-21SL02-22SL02-23SL03-24SL02-25SL02-26SL02-27SL02-28SL02-29SL02-30SL02-3 1SL02-32

Target

North AubryNorth AubryNorth AubryNorth AubryNorth AubryNorth AubryNorth AubryNorth AubryNorth AubryNorth AubryNorth AubryNorth AubryNorth AubryNorth AubryNorth AubryNorth Aubry

South Aubry (SA-5)South Aubry (SA-5)

South AubrySouth AubrySouth AubrySouth AubrySouth AubrySouth AubryNorth AubryNorth AubryNorth AubryNorth AubryNorth AubryNorth AubryNorth Aubry

Enzyme Leach

Northing

100+50N100+OON99+50N99+OON98+50N98+OON100+OON100+OON99+50N99+50N100+OON98+OON98+OON99+OON99+OON99+50N94+50N94+69N92+OON91+51N90+75N91+OON93+50N90+77N98+19N98+58N99+25N99+25N99+25N99+OON98+70N98+OON

Easting

101+50E101+50E101+50E101+50E101+50E101+50E102+OOE101+OOE101+OOE100+50E100+50E100+46E100+24E100+75E101+OOE100+75E96+7 IE96+90E96+54E96+84E97+06E97+24E96+54E97+63 E100+74E100+76E101+17E100+96E100+75E101+21E101+20E94+OOE

Dip

-900-900-900-90"-900-900-900-900-900-900-900-900-900-90 0-90 0-900-900-900-900-900-900-90"-900-900-900-900-90 0-900-900-90 0-900-900

Depth (m)

60.0072.0054.0047.0039.00105.0093.0030.0030.0072.0054.0040.0040.0018.0024.0040.0075.0081.0027.0081.0075.0075.00137.7075.0050.0050.0050.0050.0042.0042.0042.0095.00

1865.70

23 September 2002


7.1 NORTH AUBRY PEGMATITE

Twenty-three holes totaling 1144 metres were drilled in the North Aubry zone. The holes were drilled along a series of fences oriented perpendicular to the strike of the pegmatite, which tested it along strike for over 200 metres. Along the central portion of the pegmatite, the holes were drilled at roughly 25-metre spacing along fences situated 25 metres apart. Elsewhere, the fences and holes are spaced at 50 metres apart. Results of the North Aubry drilling are presented on a section by section basis as follows.

SL02-01 (Section 100+50N)

Drill hole SL02-01 was collared at 100+50N/101+50E and targeted the projected northeast strike extension of the North Aubry pegmatite. The hole was drilled to a depth of 60 metres without intersecting the main body of the North Aubry pegmatite. As shown on longitudinal section 101+50E, the North Aubry pegmatite begins to plunge northward to at least 35 0 in the vicinity of 99+50N. Therefore, drill hole SL02-01 was apparently stopped 25-30 metres short of intersecting this plunging portion of the North Aubry pegmatite.

The hole did intersect a single unit of pillow lava, with minor quartz-carbonate veining and lightly disseminated sulphides. The weakly to moderately developed foliation is generally steeply dipping, ranging from 10-15 0 to the long axis of the core. A granitic dyke, primitive and unevolved in appearance, was intersected from 24.66-24.82 metres (llcm true width), and was not sampled for analysis. No holmquistite was observed in the mafic volcanic unit.

SL02-07, 02, 08,11 (Section 100+OON)

These holes were drilled at 50-metre spacings across the strike of the North Aubry, with only SL02-02 and 08 intersecting the main body of the pegmatite. Both holes returned relatively low tantalum values, with SL02-02 averaging 0.011 07oTa2O5 over 14.25 metres, and hole SL02-08 averaging 0.008 07oTa2O5 over 16.40 metres. Ratios of Ta/Nb are also relatively low, indicating a lesser degree of fractionation for this portion of the North Aubry pegmatite in comparison with the trench NA-5 and NA-6 areas. The true width of the pegmatite increases from about 13 metres in SL02-02 to at least 16 metres in SL02-08, while the dip of the pegmatite varies between 20-300 to the east. The pegmatite in both holes is composed predominantly of coarse green spodumene, K-feldspar, quartz, minor muscovite, and accessory apatite. The coarse spodumene often exhibits "muscovite disease", whereby small muscovite flecks occur as inclusions within the spodumene crystals. Very fine-grained tantalum oxides were noted in areas of local cleavelandite development. Crude wall zones, typically 3-4 metres thick and predominated by K-feldspar, quartz, and cleavelandite, were noted in both holes. Locally pillowed mafic volcanics account for all of the host rocks in these intersections.

SL02-07 intersected two narrow pegmatite dykes (from 53.25-53.45m and 59.00-59.30m) grading 0.027 07oTa2O5 and 0.021 07oTa2O5 respectively. The uppermost dyke is mainly composed of cleavelandite and quartz, while the lower dyke is composed of aplitic to saccharoidal albite, localized muscovite, and accessory apatite. Either these dykes represent

23 September 2002

Seymour Lake Property: Report on 2002Drilling Program 10

the thinning eastern margin of the North Aubry pegmatite, or the dip of the pegmatite becomes steep enough in this area that the hole failed to intersect it. As in SL02-02 and SL02-08, the host rocks are locally pillowed mafic volcanics.

SL02-11 failed to intersect the western margin of the North Aubry pegmatite and was halted at 54 metres. It did intersect alternating layers of locally amphibolitized mafic volcanics and intermediate to mafic tuff, with local layering/foliation generally dipping between 55-700 . Several small, garnetiferous horizons were noted in both lithologies.

SL02-03, 09,16,10 (Section 99+50N)

SL02-03, 09, and 16 intersected the main body of the North Aubry pegmatite across its thickest known portion, with estimated true thickness' varying from about 12 metres in drill hole SL02-03 to at least 28 metres in the vicinity of SL02-09. Tantalum values are somewhat higher in these holes than those on line 100+OON. SL02-03 averaged 0.024 07oTa2O5 over 3.34 metres and 0.014 07oTa2O5 over 8.22 metres, SL02-09 averaged 0.013 07oTa2O5 over 20.65 metres (including 0.018 07oTa2O5 over 5.90 metres), and SL02-16 averaged 0.011 07oTa2O5 over 7.85 metres (including 0.018 07oTa2O5 over 2.85 metres). The highest individual tantalum value was returned from drill hole SL02-09 (0.069 07oTa2O5 from 15.15-15.65m). Ratios of Ta/Nb are generally low for these holes however, with the exception of SL02-03, where Ta/Nb ratios are typically on the order of 1-2. The lower contact of the North Aubry pegmatite in this area generally dips between 10-200 , whereas the upper contact appears to be more steeply dipping at 20-300 .

SL02-10 was collared at 99+50N l 100+50E and did not intersect the western margin of the North Aubry pegmatite. The hole was drilled to a final depth of 72 metres in order to test for unknown, stacked pegmatites at depth. A narrow, cleavelandite rich dyke intersected from 15.00-15.43m graded 0.016 07oTa2O5 . This dyke was noted to contain minor lepidolite and miarolitic cavities. Three additional pegmatites were intersected from 51.85-62.57m. These pegmatites are composed of coarse green spodumene, K-feldspar, grey quartz, and variable but significant cleavelandite. The spodumene is sometimes heavily chloritized, and minor miarolitic cavities were noted as well. The widest of the three dykes averaged 0.010 07oTa2O 5 over 5.21 metres, while the two narrower dykes graded 0.018 "^oTa^ and 0.027 07oTa2O5 over 1.10 metres and 0.52 metres, respectively. Country rock in the upper portion of the hole consists of amphibolite and mafic volcanics, while mafic to intermediate tuff accounts for most of the country rock in the lower portion of the hole.

SL02-27, 28, 29 (Section 99+25N)

These three holes were drilled across the North Aubry pegmatite along section 99+2 5N, roughly 30 metres north of trench NA-6. They were drilled in order to test for the possible extension of the narrow zone of coarse tantalum mineralization intersected in SL02-15. All three holes intersected zoned, spodumene-bearing pegmatite, similar to that in trench NA-6. The pegmatite intersections from these holes define an antiformal structure, with SL02-28 located at the apex. Its true thickness ranges from 11-12 metres in holes SL02-28 and 29, to 21 metres in SL02-27. The main portion of the pegmatite is composed of very coarse green

23 September 2002


spodumene, creamy-white K-feldspar, grey quartz, and lesser silver-green muscovite. The spodumene ranges from "pristine" emerald green (approaching gem quality) to grey-green with common "muscovite disease". Accessory apatite occurs mainly in association with the spodumene bearing sections. Internal zones characterized by coarse K-feldspar, grey quartz, and diminished spodumene were encountered in all three holes. A lower wall/border zone, roughly averaging one metre in width, was also intersected in all three holes. This zone is composed of aplitic albite and cleavelandite, except in SL02-28, where K-feldspar is predominant.

SL02-27 averaged 0.010 07oTa2O5 and 1.32507o Li2O over 23.85 metres, including two higher grade sections grading 0.016 07oTa2O5 over 5.00 metres (6.00-11.00m) and 0.016 07oTa2O5 over 3.35 metres (23.50-26.85m). SL02-28 returned an average grade of 0.035 07oTa2O5 and l.83707o Li2O over 11.80 metres. This included 1.40 metres of coarse tantalum mineralization (from 4.60-6.00m) that graded 0.143 07oTa2O5 . This zone of coarse tantalum also graded S.367% Li2O, indicating a strong positive correlation between tantalum mineralization and lithium (spodumene) content. SL02-29 averaged 0.017 07oTa2O5 and 1.69607o Li2O over 11.95 metres, including 0.024 "/oTa2O5 over 5.75 metres (8.00-13.75m). Individual assays are somewhat sporadic in all three holes, ranging from 0.000 07oTa2O5 to 0.049 "/oTa2O5 , not including the high-grade sample grading 0.143 07oTa2O5 . Ratios of Ta/Nb are also variable, but generally average 1-2 over the width of the pegmatite.

SL02-04, 30, 15,14 (Section 99+OON)

The main mass of the North Aubry pegmatite in these holes ranges from about 7 metres (SL02-04) to about 20 metres (SL02-30) estimated true thickness. The lower pegmatite contact dips approximately 10-15 0 , while the upper contact dips at 38 0 . An aplitic wall zone up to 2.5 metres thick occurs along the lower margin of the pegmatite. It is most well developed in holes SL02-04 and SL02-15. The lower contact in hole SL02-30, however, is marked by a 20-centimetre wide "pseudo-breccia" layer, with grey quartz and silver-green muscovite grains enclosed in a feldspathic "groundmass", with the enclosed grains often appearing "rimmed". The pegmatite in SL02-30 also contains faint blue, secondary albite veins up to 1-2 centimetres wide.

The highest tantalum values were returned from SL02-15, where a narrow (6.35-7.25m), spodumene-rich zone containing coarse, bladed to pseudo-cubic tantalum grains up to Ix2cm in size, graded 0.306 07oTa2O5 and 4.646 07oLi2O. Containing sporadic tantalum values ranging from 0.004 07o1sL2Q^ to 0.057 07oTa2O5 , but largely carried by the single high-grade assay, the complete intercept averages 0.054 (YoTa2O5 over 7.69 metres.

SL02-14 did not intersect the narrow, coarse tantalum zone intersected in SL02-15, but did return significant values, particularly in the lower portion of the pegmatite. The uppermost 3.16 metres graded 0.007 07oTa2O5 and 2.730 "/oLi2O, while the lower 2.55 metres graded 0.037 07oTa2O5 and 1.569 07oLi2O. In contrast to SL02-15, results from this hole indicate a negative correlation between tantalum and lithium grades. The complete pegmatite intercept in this hole averaged 0.020 *yoTa2O5 over 5.71 metres.

23 September 2002


SL02-04 intersected the North Aubry pegmatite from 25.00-34.22m. The upper portion of the dyke graded 0.014 07oTa2O5 and 2.710 07oLi2O over 6.00 metres, while the lower portion graded 0.027 07oTa2O5 and 1.783 07oLi 2O over 3.22 metres. The complete intersection averaged 0.019 07oTa2O5 and 2.710 07oLi2O over 9.22 metres. As with SL02-14, the assays suggest some degree of mineralogical zoning within the pegmatite, and again indicate a negative correlation between tantalum and lithium grades.

SL02-30 was collared near the eastern contact of the North Aubry pegmatite near the edge of trench NA-6. In addition to the main body of the North Aubry pegmatite, this hole also intersected a second pegmatite from 23.30-29.05 metres. The main body of the North Aubry pegmatite returned average grades of 0.009 "^oTa^j and 2.081 07oLi2O over 16.90 metres, including 0.027 07oTa2O5 over the lowermost 2.90 metres of the dyke. As with holes SL02-15 and SL02-04, tantalum grades increase near the lower margin of the pegmatite, while lithium grades abate. The second pegmatite returned slightly higher values averaging 0.029 07oTa2O5 over 5.75 metres, but once again somewhat lower lithium grades averaging 1.202 07oLi2O.

SL02-05, 31,26 (Section 98+60N)

The highest-grade tantalum mineralization from drilling was encountered in SL02-31, which was collared on the NA-6 trench of the North Aubry pegmatite. A single sample, taken from 15.50-16.50 metres, graded 0.464 '/^Ta2O5 , with the overall average grade of the pegmatite intercept averaging 0.046 (X)Ta2O5 over 17.72 metres. Not including this sample, individual assays ranged from 0.005 07oTa2O5 to 0.092 VoTa2O5 . This zone almost certainly represents the southern extension of the high-grade zones intercepted in holes SL02-15 and 28, thus forming a single horizon of coarse tantalum mineralization at least 60 metres in length. Beryllium values were elevated in the lower portion of the pegmatite, averaging 0.105 '/'oBeO over the lower 3.82 metres of the pegmatite. The pegmatite is compositionally heterogeneous, but without well-developed zoning. It is predominantly composed of coarse spodumene, creamy-white K-feldspar, quartz, and muscovite, with locally developed coarse cleavelandite. The uppermost 4.75 metres of the intersection contain an abundance of coarse, creamy-white K-feldspar and lesser quartz, with an absence of spodumene. Ratios of Ta/Nb are generally less than 2.5, with four samples having Ta/Nb ratios greater than 4. Host rocks are pillowed mafic volcanics.

SL02-26 was collared at 98+58N l 100+76E, approximately 10 metres below SL02-31. Pegmatite was intersected from 1.67-5.05 metres, averaging 0.011 07oTa2O5 and 2.484 07oLi 2 O over 3.38 metres. It is composed of coarse green spodumene, grey quartz, cleavelandite, and muscovite. The country rocks consist of mafic volcanics/amphibolite. Ratios of Ta/Nb vary from 2.24-3.96, indicating an increasing degree of fractionation in comparison with the more northerly sections of the pegmatite.

SL02-05 was collared at 98+50N l 101+50E and intersected the down-dip extension of the North Aubry pegmatite from 18.00-21.60 metres. The pegmatite is composed of spodumene, quartz, K-feldspar, and muscovite, with two smaller aplitic to saccharoidal albite zones, including a lower wall/border zone. Minor cleavelandite and local, fine grained tantalum

23 September 2002


oxides were noted throughout. The main pegmatite intercept averaged 0.031 07oTa2O5 and 0.944 07oLi2O over 3.60 metres. Tantalum grades generally increase downwards in the pegmatite, with the highest individual value (0.054 07oTa2O5) returned from the lower, albitic wall zone. A 15-centimetre dyke intersected above the main body graded 0.012 07oTa2O 5 . Country rocks intersected in the drill hole consisted of locally pillowed mafic volcanics, with a locally developed foliation dipping 70-75 0 .


Drill hole SL02-25 collared into the "pink cleavelandite" zone of trench NA-5, approximately 10 metres east of the spectacular, coarse-grained tantalum mineralization which produced 2.49*^0 Ta2O5 over 4.0 metres from channel samples. The only pegmatite intersected in this hole, which was drilled to a final depth of 50 metres, was the 23-centimetre wide dyke at the top of the hole. The dyke is characterized by pinkish-red cleavelandite, with lesser blotchy grey quartz, coarse muscovite, and minor hematized spodumene. A single sample taken over the width of this dyke graded Q.034% Ta2O5 . Its lower contact dips roughly 200 to the west.

SL02-06,12,13 (Section 98+OON)

SL02-06 was collared at 98+OON l 101+50E and was drilled to a final depth of 105 metres without intersecting any pegmatite. As illustrated on longitudinal section 101+50E, this hole was collared beneath the thinning southern margin of the North Aubry pegmatite, whose projected surface exposure is located at roughly 98+50N. Aside from a narrow porphyritic unit from 20.20-21.15 metres, the upper third of this hole intersected fine-grained mafic volcanics and the lower two thirds intersected coarser amphibolite.

Drill holes SL02-12 and 13 were collared on line 98+OON, approximately 15 metres south of trench NA-5. Both holes intersected the thin extension of the high-grade, cleavelandite-aplite pegmatite exposed in the trench. A single dyke intersected in SL02-12 graded G.075% Ta2O5 , with a Ta/Nb ratio of 2.93. Two thin pegmatite dykes were intersected in SL02-13, one from 15.88-16.02 metres and another from 19.10-19.25 metres. These dykes graded 0.028 07oTa2O5 and Q.057% Ta2O5 , respectively. Ratios of Ta/Nb were 2.61 for the upper dyke and 4.74 for the lower dyke, which also had relatively higher grades of lithium, cesium, and rubidium in comparison with the upper pegmatite.

7.2 SOUTH AUBRY PEGMATITE

Eight holes totaling 626.7 metres were drilled on the South Aubry pegmatite. Two were drilled on the SA-5 trench, located between the North and South Aubry pegmatites. A single hole was also drilled at 93+50N, roughly halfway between the South Aubry pegmatite and trench SA-5 (Figure 5). Results are discussed on a section by section basis as follows.

23 September 2002


SL02-17,18 (Section SA-5)

SL02-17 and 18 were drilled at trench SA-5, located between the North and South Aubry pegmatites. Garber (2001) describes the pegmatite as consisting of K-feldspar (75-8007o), quartz (20(Mi), and muscovite. Local spodumene also occurs in the pegmatite. Five grab samples taken from this trench returned values of 0.011 07oTa2O5 to 0.033 07oTa2O 5 .

Drill hole SL02-17 intersected one narrow dyke at 15.45-16.55metres and two more dykes between 27.75-36.24 metres. The upper dyke is very similar to the pegmatite at surface, composed of orange-red (hematized) K-feldspar with significant cleavelandite development and lesser blebby quartz. This dyke graded 0.037 07oTa2O5 and 0.008 07oLi2O, with a Ta/Nb ratio of 4,07. The narrow dyke at depth is mineralogically similar to the one described above, but also contains minor spodumene. This dyke graded 0.017 07oTa2O5 and 0.428 07oLi2O, with a Ta/Nb ratio of 2.91. The largest pegmatite, intersected from 30.70-36.24 metres, is compositionally similar to the narrower dykes, but contains distinct spodumene-rich and spodumene-deficient zones. This pegmatite averaged 0.011 "M)Ta2O5 and 1.156 07oLi2O over 5.54 metres. Tantalum values are elevated adjacent to the upper and lower margins of the dyke, and lower in the central portion of the pegmatite. Ta/Nb ratios range from 1.25-2.60.

SL02-18 was collared approximately 27 metres northeast of SL02-17 to test the down-dip extension of the SA-5 pegmatite. The hole intersected two narrow dykes and two thicker dykes (see Section SA-5). The shallowest dyke, intersected from 21.00-21.40 metres, is composed of K-feldspar with lesser quartz, and is strongly hematized. This dyke graded 0.025 07oTa2O5 and 0.085 07oLi2O, with a Ta/Nb ratio of 2.09. A thicker dyke, intersected from 25.00-31.25 metres, is compositionally similar to the smaller dyke, but also contains minor spodumene and an aplitic lower border zone. Average grades across this pegmatite intercept are 0.019 07oTa2O5 and 0.339 VoLi2O over 6.25 metres. The thickest of the pegmatites, intersected from 50.25-61.18 metres, contains elevated lithium and beryllium values, but significantly lower tantalum values. Average grades are 0.008 *X)Ta2O5 and 1.064 07oL'i2O over 10.93 metres, with quite variable Ta/Nb ratios ranging from 0.15-4.62.

Country rocks intersected in both holes include amphibolite and mafic volcanics, locally exhibiting a weak to moderate magnetism. Moderate hematization in the form of irregular carbonate-epidote-hematite veins characterizes the mafic volcanics. Veining and foliation is steeply oriented, typically dipping between 65-900 .


Drill hole SL02-23 was collared at 93+50N l 96+54E, roughly halfway between the South Aubry pegmatite and the SA-5 pegmatite. It intersected pegmatite from 1.95-5.20 metres. The pegmatite is compositionally heterogeneous, composed of varying amounts of aplitic to saccharoidal albite, grey quartz, white to salmon-pink K-feldspar, accessory muscovite, and local spodumene. Grades are low for all assayed elements, averaging 0.008 "M)Ta2O5 . Ratios of Ta/Nb are also low, ranging from 0.51-1.94, suggesting a relatively low degree of fractionation in this pegmatite. The hole continued to a depth of 137.70 metres, intersecting alternating layers of mafic and intermediate to felsic volcanics, but no further pegmatite.

23 September 2002


SL02-19, 20, 21, 22, 24 (Section SA-2 l SA-3)

Hole SL02-19 was drilled on the SA-2 trench in the vicinity of Anaconda Company (Canada) Limited drill holes A-14 and A-15, and intersected the South Aubry pegmatite from 2.25- 18.14 metres. As at surface, the pegmatite is composed of thicker sections of coarse, "plumous" muscovite in a quartz and K-feldspar matrix, with narrower albitic sections. The albitic sections contain local cleavelandite zones. A lower wall zone, approximately one metre wide, is composed of cleavelandite and quartz. The quartz content diminishes toward the lower contact, where the cleavelandite adopts more of a pink-red color, presumably due to (hematitic) wall rock interaction. Tantalum grades were low over this intercept, averaging 0.007 "/oTa2O5 over 15.89 metres. Only one sample assayed greater than lOOppm Ta. Lithium was also low, averaging G.282% Li2O. Ratios of Ta/Nb are typically less than l, suggesting a relatively low degree of fractionation.

Hole SL02-20 was drilled on trench SA-3, where channel samples returned values up to 0.026 07oTa2O5 over 1.0 metres. Trench SA-3 also returned the highest lithium, cesium, rubidium, and beryllium values from the South Aubry pegmatite during the 2001 program. Pedersen (2002) noted locally abundant tantalite in the SA-3 pegmatite. The South Aubry pegmatite was intersected in this hole from 3.00-18.08 metres, returning averages grades of 0.019 "/4Ta2O5 over 15.08 metres, including 0.037 "/oTa2O5 over 4.60 metres. Local zones of higher-grade tantalum mineralization appear to loosely coincide with increased spodumene content and lithium values. As at surface, the pegmatite intersected in SL02-20 is composed of alternating sections of coarse spodumene, quartz, K-feldspar, and accessory aqua-green beryl with narrower sections of abundant muscovite in a quartz-albite groundmass. The dyke also contains a 1.78-metre wide albitic wall/border zone along its lower contact. The only visible tantalum oxides in the core were several fine-grained oxides from 10.50-11.00 metres. A second dyke, intercepted below the main South Aubry pegmatite at 58.20-62.00 metres, averaged 0.012 07oTa2Os over 3.80 metres. The dyke is mineralogically similar to the main South Aubry intercept, with minor, localized spodumene and accessory pale-green beryl. Several thin, bladed tantalum oxides (1mm x l-3mm) were noted in this dyke.

SL02-21 was collared 38 metres along strike from drill hole SL02-20 and intersected the South Aubry pegmatite from 2.35-18.64 metres. The intersected pegmatite contains minor spodumene, commonly exhibiting red hematitic alteration, and localized albitic sections, including a 10-centimetre wide lower border zone. Pale green beryl occurs locally. An unidentified, fine grained, faint pink mineral was noted in association with the K-feldspar (possibly fluorite), while a second soft, dark green mineral noted elsewhere has tentatively been identified as apatite. The complete intercept averaged 0.015 07oTa2O5 over 16.29 metres, including 0.027 07oTa2O5 over 2.15 metres (2.35-4.50m) and 0.022 07oTa2O5 over 5.00 metres (7.50-12.50m). A narrow dyke intersected from 50.82-52.02 metres composed of pink-red K-feldspar and lesser grey quartz grades 0.015 "^oTa^. Country rocks consist of relatively massive, unfoliated mafic volcanics with minor quartz-carbonate veining.

SL02-22 was collared 27 metres along strike from SL02-21 and intersected the South Aubry pegmatite from 8.13-15.20 metres. The pegmatite is predominantly composed of K-feldspar,

23 September 2002


lesser quartz, and variable medium to coarse muscovite. Local banded textures arising from alternating horizons of aplitic albite and quartz-muscovite dip approximately 600 . The dyke also contains an 8-centimetre wide aplitic albite border zone along its lower contact. This intercept returned low tantalum values averaging only 0.006 yoTa2O5 over 7.07 metres. Ratios of Ta/Nb are all less than 0.55, suggesting a relatively low degree of fractionation for the pegmatite. A second pegmatite intersected from 38.70-43.38 metres, mineralogically similar to the upper dyke but containing slightly more spodumene, also returned low tantalum values. Average grades over this intercept are 0.008 (YoTa2O5 over 4.68 metres, with only one sample grading greater than 0.010 *M)Ta2O5 . Ratios of Ta/Nb do not exceed l .92.

SL02-24 was collared 58.70 metres along strike from SL02-22. Thick overburden was encountered to 13.90 metres, followed by pegmatite from 13.90-17.95 metres. The upper portion of the pegmatite, from 13.90-15.70 metres, is composed of medium to coarse muscovite in a matrix of grey quartz, lesser K-feldspar, and minor spodumene. The remainder of the pegmatite is composed of orange-pink, aplitic albite with minor grey quartz, local muscovite, and rare hematized spodumene. The average tantalum grade over the complete intercept of this dyke is 0.018 07oTa2O5 over 4.05 metres. Grey-green, unfoliated mafic volcanics were intersected from 17.95-75.00 metres. Drill hole SL02-24 is very encouraging for two reasons. Firstly, it proves that the South Aubry pegmatite extends along strike for at least 125 metres beyond its southernmost exposure in trench SA-3. Secondly, tantalum grades and ratios of Ta/Nb indicate that fractionation of the pegmatite is increasing toward the south. This also adds significance to the discovery of a highly evolved, pegmatite boulder less than 100 metres to the southeast.

7.3 ENZYME LEACH TARGET

Prior to the start of the 2002 drilling program, a total of 130 soil samples were collected and sent to Activation Laboratories Ltd. in Ancaster, Ontario, for enzyme leach geochemical analyses. Results were reviewed and interpreted by Peter Vanstone of Tanco Mining Corporation of Canada Limited. Vanstone (pers. comm.) noted that gallium values in the South Aubry area are more elevated than in the North Aubry area, possibly due to its higher mica content. Colour-contoured plots of gallium, as well as tantalum, niobium, lithium, rubidium, and beryllium also suggest the presence of two features flanking the North Aubry pegmatite, one to the west and another to the east, each of which may represent rare-metal bearing pegmatites. Tantalum, niobium, and cesium responses are especially strong in the western feature, centred at 98+OON l 94+OOE. Enzyme leach values for the aforementioned elements form coincident, apical anomalies over this area, possibly indicating the presence of rare-metal bearing pegmatites up to 200 metres in the subsurface (Vanstone, pers. comm.).

Based on this data, drill hole SL02-32 was collared at 98+OON l 94+OOE, roughly 700-800 metres west of the North Aubry trenches. The elevation of the collar was determined with a hand-held OPS to be 100-120 metres below that of the North Aubry pegmatite exposures. The proposed maximum depth of the hole in the event that it did not intersect any pegmatite was 200 metres. Outcrop exposed along the face of a low ridge less than 100 metres west of

23 September 2002


the drill hole was interpreted to be either tuffaceous metasediments or feldspar porphyry. The rock is highly siliceous, ash grey, and locally banded, exhibiting a gneissic texture. It often appears porphyritic, and contains significant, very finely disseminated sulphides.

SL02-32 (Section 98+OON)

SL02-32 intersected significant overburden to 12.40 metres, followed by feldspar porphyry from 12.40-14.10 metres. The remainder of the hole, from 14.10-95.00 metres, intersected grey, locally silicified intermediate tuff interlayered locally with garnetiferous, possible metasedimentary horizons. Finely disseminated sulphides are present in generally minor amounts throughout the entire unit, only becoming significant near the bottom of the hole. SL02-32 was abandoned at 95 metres, less than halfway to its proposed maximum depth of 200 metres, after the drilling equipment was lost in the hole. The western anomaly identified from the enzyme leach geochemical data was not explained by drilling. Three samples were taken from this hole and sent to Accurassay Laboratories of Thunder Bay, Ontario for gold and silver analyses. Values were below the detection limits for all of the samples, except for 43617, which assayed only 11 ppb Au.

8.0 DISCUSSION

In general, rare element pegmatites can be thought of as forming from the volatile-rich residual melt of highly differentiated granitic magmas. With increasing fractionation, these melts become increasingly enriched in lithophile rare elements such as lithium, tantalum, and cesium. The North and South Aubry pegmatites both belong to the albite-spodumene type of pegmatites, within the LCT (lithium-cesium-tantalum) family of rare-element class of granitic pegmatites (Cerny, 1991). Albite-spodumene type pegmatites characteristically:

1. form tabular bodies with high length:width ratios, and extensive down-dip continuations of up to l kilometre

2. display simple, poorly developed internal zoning that is most strongly developed near the pegmatite contacts

3. contain relatively uniform Ta concentrations, with local higher grade zones in the range of complex type pegmatites (ie: Tanco)

4. have "giant-size" potential, and often occur in large, sub-parallel, swarms5. contain the highest lithium concentrations of all the pegmatite types

Because of their large size potential, their typical occurrence as part of extensive swarms, and their relatively uniform tantalum grades (with the potential for local, higher grade zones), the albite-spodumene type pegmatites represent a very attractive tantalum exploration targets. Only the complex type of pegmatite (of which there are several sub-types), such as Tanco, Bikita, and Wodgina, are considered more favourable (Cerny, 1989).

Based on the results of the 2002 diamond drilling program, at least three significant 'zones' of albite-spodumene pegmatite have been identified on the Seymour Lake tantalum property.

23 September 2002

Seymour Lake Property: Report on 2002'Drilling Program IS

These are the North Aubry, South Aubry, and SA-5 pegmatites. Although there remains the possibility of a physical link between some or all of these dykes, they should be recognized as genetically related, but physically separate, until proven otherwise. As is the case with other documented albite-spodumene type pegmatites, these dykes may represent part of a spatially extensive pegmatite swarm, with additional dykes remaining to be discovered. The fact that new tantalum-bearing pegmatites were discovered at depth in each of the three areas confirms the stratigraphically stacked nature of the dykes, and indicates that additional dykes can be expected to occur not only laterally in relation to those discovered to date, but at varying depth as well.

The North Aubry pegmatite has a minimum strike length of 260 metres, widths up to at least 100 metres, and a true thickness in its central portion of 13-25 metres. The main body of the pegmatite dips moderately to the east. Trenched surface exposures suggest that the pegmatite had been emplaced as a series of undulating sheets connected by several steeply dipping "feeder dykes". Fractionation within the North Aubry pegmatite generally increases toward the south. High-grade tantalum mineralization occurs in local, narrow zones, such as in trenches NA-5 and NA-6. The latter zone actually extends from the NA-6 to the NA-1 trench and was traced in drill holes for a strike length of at least 60 metres. There is evidence that these areas of high-grade mineralization may represent local zones of secondary, metasomatic tantalum concentration, but this remains to be substantiated. The North Aubry pegmatite remains open down-dip to the east and also to the north, where it appears to develop a moderate plunge of about 35 0 .

Diamond drilling has significantly increased the known strike of the South Aubry pegmatite to at least 125 metres beyond its previously known southern limit in trench SA-3. Given that the pegmatite intersected at the top of hole SL02-23 is part of the same body, the South Aubry pegmatite has an indicated minimum strike length of 320 metres and remains open to the north, south, and down-dip to the east. Based on limited Anaconda Company (Canada) Ltd. drill data, the South Aubry pegmatite appears to dip moderately eastward at roughly 200 . The pegmatite intercepts from drill holes SL02-19 to 21 were all on the order of 15-16 metres, giving the largest known portion of the South Aubry pegmatite a true thickness on the order of 15 metres.

As documented by Cerny (1991), tantalum grades for albite-spodumene type pegmatites typically range between 37-108 ppm Ta. Out of the total of 314 pegmatite samples that were analyzed from the 2002 drilling program, 121 (over 3SYo) assayed greater than 108 ppm Ta. Seven samples assayed in over 500 ppm Ta (0.060 07oTa2O5), the highest being 3800 ppm Ta (0.464 "M)Ta2O5 ). In comparison, pre-production reserves of the producing Tanco pegmatite in Manitoba are estimated at 2.1 Mt grading 0.216 Vo Ta2O5 , while reserves at the Greenbushes pegmatite in Australia are estimated at 28 Mt grading 0.043 07o Ta2O5 (Cerny, 1991).

Based on drill hole assay data, the overall average grade of the main body of the North Aubry pegmatite is 0.019 07oTa2O5 , while that of the main South Aubry pegmatite is 0.013 07oTa2O5 (Table 3, following page). However, because of the generally coarse grained nature of the tantalum mineralization, it is probable that assay values produced from channel and drill core samples significantly underestimate the actual tantalum grades, particularly in the North Aubry. Furthermore, given the relatively narrow widths of high-grade mineralization that have been identified, it is not unlikely that additional zones of concentrated, high-grade tantalum

23 September 2002

Seymour Lake Properly: Report on 2002Drilling Program 19

mineralization were missed during drilling and are yet to be found within the pegmatite. Such zones could significantly add to the value of the pegmatite as a potential economic deposit.

When assay data from the higher-grade southern portion of the North Aubry pegmatite is excluded, average grades between the North and South Aubry pegmatites are very similar. Consequently, the potential of the South Aubry pegmatite to host zones of high-grade tantalum mineralization comparable with that of the trench NA-5 and NA-6 areas of the North Aubry pegmatite should not be underestimated. In fact, microprobe work indicates that only the most highly evolved portion of the North Aubry pegmatite, trench NA-5, is more highly evolved than the South Aubry pegmatite exposed in trenches SA-2 and SA-3 (Selway, pers comm). As with the North Aubry pegmatite, rare metal grades and fractionation appear to be increasing toward the south. Garber (2001) first noted this trend based on mapping and channel sampling, and data from the drilling program corroborates it. In consideration of this evidence, and given the comparative lack of exposure of the South Aubry pegmatite, it is deemed likely that higher-grade tantalum zones may yet be discovered toward the southern, thinning margins of the dyke, just as at the North Aubry. As previously stated, this gives added significance to the discovery of the highly evolved, pegmatite boulder less than 100 metres to the southeast.

As detailed by Cerny (1991), albite-spodumene type pegmatites generally possess the highest lithium content of all the pegmatite types, with values typically between 5110-10310 ppm Li. This certainly holds true for the North Aubry pegmatite, with lithium values often in the upper range of this spectrum and higher. Lithium grades in the North Aubry pegmatite are comparable with the Tanco pegmatite (pre-production reserves of 7.3 Mt grading 2.7607o Li2O (Cerny, 1991)), which has been producing ceramic-grade spodumene concentrates and other materials since the late 1960s (Vanstone et al, 2002). Although "salars" developed in the USA and Chile have largely replaced spodumene as the primary source of lithium carbonate (Vanstone et al, 2002), the spodumene within the North Aubry pegmatite on the Seymour Lake property does represent a potential source of recoverable lithium.

In addition to tantalum and lithium, rubidium values in the North and South Aubry pegmatites are also elevated. This may be a product of the substitution of rubidium for potassium in the feldspars. At the Rubellite Dyke in the Lilypad Lakes pegmatite field of Northwestern Ontario, this substitution occurs to a degree of near-complete replacement of the potassium by rubidium, forming a "rubidium feldspar" referred to as "rubicline" (Teertstra et al, 1999). With the demand for high alkali, rubidium-rich potassium feldspar in the specialty glass and ceramics industry, the potential of rubidium-rich potassium feldspar as a secondary commodity at the Seymour Lake property should be addressed.

When considering the Seymour Lake property as a potential host for economically viable deposits of tantalum and other rare metals, several things should also be mentioned. Firstly, the fact that the North and South Aubry pegmatites occur at or near surface as tabular, laterally extensive sheets makes them amenable to open-pit mining methods. Thus, recovery costs of tantalum and other rare metals would be considerably less than at underground operations such as Bernic Lake (Tanco). Also, the coarse nature of tantalum mineralization

23 September 2002


in the higher-grade areas of the North Aubry pegmatite is favourable in that it allows for relatively easy, inexpensive separation and extraction during the mining process.

9.0 CONCLUSIONS AND RECOMMENDATIONS

The 2002 diamond drilling program carried out at the Seymour Lake Tantalum property in Northwestern Ontario was successful in outlining the main bodies of the North and South Aubry pegmatites in the subsurface and identifying high-grade zones of tantalum mineralization within them, particularly at the North Aubry pegmatite. Based on the results of the 2002 diamond drilling program, the Seymour Lake tantalum property is deemed to have good potential for the economic recovery of small tonnage, moderate to high-grade tantalum deposits, along with possible secondary commodities including rubidium, gallium, and lithium. Further work is recommended and should focus on assessing the potential of the North Aubry pegmatite for the economic recovery of tantalum and other rare metals, identifying and defining similar zones within the South Aubry pegmatite, and seeking other rare metal bearing pegmatites on the property.

As it stands, the trench NA-6 and NA-5 areas of the North Aubry pegmatite currently represent the most attractive targets for recovery of economic-grade tantalum mineralization. In order to overcome any "nugget effect" and reliably gauge average tantalum grades within this portion of the pegmatite, it is recommended that several small (250kg) bulk samples be collected for geochemical analysis. It is recommended that select samples of the mineralized pegmatite also be analyzed for gallium, which is typically found in albite-spodumene type pegmatites (Cerny, 1991). Compounds of this metal are used in opto-electric devices such as light-emitting diodes, photodiodes, laser diodes and solar cells, fibre optics, and computers. Although not a primary commodity, if present, gallium may be recoverable as a by-product to tantalum production.

Trenching of the South Aubry pegmatite, particularly along its southern strike extension, is highly recommended. Because of its size, this pegmatite represents an attractive exploration target, especially in light of its highly evolved character (Selway, pers. comm.). Work should be focussed on identifying high-grade zones of tantalum mineralization within the pegmatite, particularly toward its thinning margins toward the south. Select samples from this pegmatite, particularly its mica-rich sections, should also be analyzed for gallium.

As detailed by Cerny (1991), albite-spodumene type pegmatites, such as the North and South Aubry pegmatites, characteristically occur in large, sub-parallel, swarms. Consequently, it is highly probable that additional albite-spodumene type pegmatites occur on the Seymour Lake property that have yet to be discovered. The presence of the S A-5 pegmatite offers strong encouragement, as this pegmatite was discovered simply by selective trenching along strike between the North and South Aubry pegmatites during the 2001 surface program. Further soil and lithogeochemical sampling, prospecting, and trenching of anomalous areas should be performed in pursuit of discovering additional pegmatites.

23 September 2002


Contingent upon the results of the recommended surface exploration, additional diamond drilling is also recommended for the Seymour Lake Tantalum property. As part of the recommended program, drilling should test the down-dip eastward extension of the North Aubry pegmatite, particularly between 99+OON to 99+75N. This could be accomplished with two or three inclined (600) holes totaling not more than 250 metres. In-fill holes to better define the high-grade southern portion of the North Aubry pegmatite (trench NA-6 area) is also recommended. Contingent upon the success of trenching and surface sampling, further drilling is also recommended for the South Aubry pegmatite.

23 September 2002


REFERENCES

Blackburn, C.E., Johns, G.W., Ayer, J.A., and Davis, D.W. 1991. Wabigoon Subprovince, in Geology of Ontario, Ontario Geological Survey, Special Volume 4, Part l, pages 303-381.

Breaks, F.W., Selway, J.B., and Tindle, A.G. 2001. Fertile Peraluminous Granites and Related Rare-Element Pegmatite Mineralization, Superior Province, Northwest and Northeast Ontario. Ontario Geological Survey, pages 25-28.

Burns, R.F. 1980. Assessment Report on EBJV, Crescent Lake, NTS 521, 15 pages.

Cerny, P. 1989. Characteristics of Pegmatite Deposits of Tantalum, in Lanthanides, Tantalum, and Niobium, Proceedings of a workshop in Berlin, November, 1986, edited by P. Moller, P. Cerny, and F. Saupe, pp. 195-239.

Cerny, P. 1991. Rare-element Granitic Pegmatites. Part 1: Anatomy and Internal Evolution of Pegmatite Deposits, in Ore Deposit Models Volume II, Geoscience Canada Reprint Series 6, pages 29-47.

Cerny, P. 2001. Rare-element Granitic Pegmatites. Part 2: Regional to Global Environments and Petrogenesis, in Ore Deposit Models Volume II, Geoscience Canada Reprint Series 6, pages 49-62.

Clark, G. and Maitland, T. 2000. Prospecting and Exploration of the Crescent Lake Area, 521/8 NW. 1999 OPAP Program Report.

Dimmell, P. 2002. Summary Report on the Seymour Lake Tantalum Property, Armstrong Area, Northwestern Ontario, Linear Resources Inc. internal report, 9 pages.

Garber, J. 2001. Report on 2001 Exploration, Seymour Lake Property, Crescent Lake Area, Northwestern Ontario, Canada, 31 pages.

McCulluch, P.D. 1969. Report on Geological Survey, Seymour Lake Claims, Port Arthur Mining Division, Ontario for Tantalum Mining Corporation of Canada Limited, ACA Howe International Limited — Report #244, September 24, 1969.

Pye, E.G. 1968. Geological Report 55: Geology of the Crescent Lake Area, District of Thunder Bay, Ontario Department of Mines, 72 pages.

Swenson, W.T. 1957. Seymour Lake Property Assessment Report - Diamond Drilling Logs, Assays, and Plan, Anaconda Company (Canada) Limited.

Taylor, R.P. 2002. A Synopsis of the Geological, Mineralogical, and Geochemical Data for the Seymour Lake Tantalum Property, 14 pages.

Teertstra, O.K., Cerny, P., and Hawthorne, F.C. 1999. Geochemistry and petrology of late K-and Rb-feldspars in the Rubellite pegmatite, Lilypad Lakes, NW Ontario. Mineralogy and Petrology 65, pages 237-247.

Tilsley, J.E. 1970. Addendum to Report on Geological Survey, Seymour Lake Claims, Port Arthur MiningDivision, Ontarioybr Tantalum Mining Corporation of Canada Limited, Paul McCulloch, ACA Howe International Limited — Report #254, January 2, 1970.

Vanstone, P., Young, S., Galeschuk, C., Simard, R., and Gibb, A. 2002. The Tanco Rare-Element Pegmatite, Southeastern Manitoba, 21 pages.

23 September 2002


STATEMENT OF QUALIFICATIONS

I, Jeffery A. Morgan of 35b Gear Street, St. John's, Newfoundland A1C 2J3, do hereby certify that:

1) I am a graduate of Memorial University of Newfoundland with a Bachelor of Science (Honours) Degree in Geology, 1996.

2) I am the author of this report, and all statements contained herein are based upon my own work on the Seymour Lake Tantalum property from July 10 to August 15 of 2002, or upon referenced information from reputable sources.

3) This report is intended to provide an accurate and reliable account of the Seymour Lake Tantalum property based on all currently available data.

4) I presently own 7000 publicly traded shares of Linear Resources Inc., which were acquired on the open market prior to any notice of my employment with the company.

Dated in St. John's, Newfoundland this 23 rdday of September, 2002.

61Jeffery A.7Morgan

23 September 2002



Map Compilation List (for list of maps)

Map 1: Seymour Lake Drill Hole Location Map

Map 2: Seymour Lake Enzyme Leach Soil Sampling Compilation Map

Map 3: Seymour Lake Lithogeochemical Sampling Compilation Map

3988

00 m

E

3986

00 m

E

3984

00 m

E

3972

00 m

E

3974

00 m

E

3976

00 m

E

3978

00 m

E

3980

00 m

E

3982

00 m

E

3962

00 m

E

3960

00 m

E

5585600 mN

5585800 mN

5586000 mN

5585400 mN

5585000 mN

5584000 mN

5584200 mN

5584400 mN

5584600 mN

5584800 mN

5585200 mN

3968

00 m

E

3958

00 m

E

3954

00 m

E

3956

00 m

E

3964

00 m

E

3966

00 m

E

5583600 mN

5583800 mN

5583400 mN

3990

00m

E

3970

00 m

E

3952

00 m

E

L10200N

L10400N

L10600N

L10800N

L11000N

L9800N

L10000N

L9600N

L9400N

L9200N

L9000N

L8800N

L8500N

BL 10000E

124566112456611245661124566112456611245661124566112456611245661

124564812456481245648124564812456481245648124564812456481245648

422135242213524221352422135242213524221352422135242213524221352

424746742474674247467424746742474674247467424746742474674247467

424747542474754247475424747542474754247475424747542474754247475

124564612456461245646124564612456461245646124564612456461245646

124566412456641245664124566412456641245664124566412456641245664

SL02-29SL02-29SL02-29SL02-29SL02-29SL02-29SL02-29SL02-29SL02-29



SL02-11SL02-11SL02-11SL02-11SL02-11SL02-11SL02-11SL02-11SL02-11SL02-08SL02-08SL02-08SL02-08SL02-08SL02-08SL02-08SL02-08SL02-08 SL02-02SL02-02SL02-02SL02-02SL02-02SL02-02SL02-02SL02-02SL02-02

SL02-16SL02-16SL02-16SL02-16SL02-16SL02-16SL02-16SL02-16SL02-16SL02-09SL02-09SL02-09SL02-09SL02-09SL02-09SL02-09SL02-09SL02-09








SL02-04SL02-04SL02-04SL02-04SL02-04SL02-04SL02-04SL02-04SL02-04SL02-30SL02-30SL02-30SL02-30SL02-30SL02-30SL02-30SL02-30SL02-30SL02-14SL02-14SL02-14SL02-14SL02-14SL02-14SL02-14SL02-14SL02-14











SL09-09ASL09-09ASL09-09ASL09-09ASL09-09ASL09-09ASL09-09ASL09-09ASL09-09ASL09-34SL09-34SL09-34SL09-34SL09-34SL09-34SL09-34SL09-34SL09-34


310

330

320

280

380

350

340

370

400

290

328

322

298

302

366

398

336

342

294

292

364

308

382

388

406

306404

316

412

384

378

414

394

362

396

372

402

334

278

276

376

332

358

356

368

354

374

312

314

318

390

410

338

344

304

408

346

326

300

324360

SL09-03ASL09-03ASL09-03ASL09-03ASL09-03ASL09-03ASL09-03ASL09-03ASL09-03A











SL09-44SL09-44SL09-44SL09-44SL09-44SL09-44SL09-44SL09-44SL09-44 SL09-45SL09-45SL09-45SL09-45SL09-45SL09-45SL09-45SL09-45SL09-45



BL 10000E
























392

394

388

394

392

388








- DDH Collar (excluding Anaconda ddh)

- Trench (1999-2001)

- Contour Lines (2 metre interval)

- Drill or Logging Trail

Drill Hole Location Map - Seymour LakeJanuary 5th - 2010

UTM Zone 16 - NAD 27

North Aubry Detail Inset

Pye Showing

Matt Rees

Typewritten Text

Matt Rees

Text Box

Pye Showing

Matt Rees

Text Box

North Aubrey

Matt Rees

Text Box

South Aubrey

TECHNICAL REPORT ON THE SEYMOUR LAKE · PDF fileTECHNICAL REPORT ON THE SEYMOUR LAKE PROPERTY...

Documents

Transcript of TECHNICAL REPORT ON THE SEYMOUR LAKE · PDF fileTECHNICAL REPORT ON THE SEYMOUR LAKE PROPERTY...