Past Exploration
2003: Acquisition by Logan who funded a geophysical program consisting of magnetic, IP and HLEM across an area of coincident gold and arsenic soil geochemical anomalies.
2004: A due diligence site examination was completed by Logan. Sampling confirmed the previous trench results and grab samples assayed up to 19.9 g/t gold.
2005: Review of 2003 geophysics data by a geophysical consultant and property evaluation by an independent geologist.
2006: Two diamond drill holes totaling 425 m (1,394 feet) confirmed the continuity of gold bearing pyrite-arsenopyrite vein-breccia horizons up to 10m in width. Results include 2.09 g/t Au over 4m (15-19m) and confirm historical surface trench results which returned values of 1 to 7 g/t Au over 1m chip intervals.
2007: An additional 19 diamond drill holes totaling 2,686 m (8,812 feet) were completed testing coincident IP, magnetic and gold geochemical anomalies. Results included 1.51 g/t Au and 14.3 g/t Ag over 3 m in HDI 07-07. The combined 2006 and 2007 drilling intersected gold-silver mineralization in 16 of 21 holes covering a 1 km strike extent, with anomalous arsenic (As), antimony (Sb), and bismuth (Bi). In late 2007, a helicopter airborne magnetic survey indicated a large buried intrusion, 6 km in diameter. Across the northern portion of the intrusion a variable higher grade magnetic signature extends across a 1.5km zone.
2008: Reconnaissance MMI soil sampling totaling 629 samples delineated significant anomalies including Au-Ag.
Adrian Bray, P.Geo., is a Director of Logan and a Qualified Person as defined by National Instrument 43-101 for the above mentioned project. The QP is a member in good standing of the Association of Professional Engineers and Geoscientists of British Columbia (APEGBC) as a registered Professional Geoscientist (P.Geo.). Mr. Bray has reviewed and is responsible for the technical information disclosed above.
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