Deposit Potential: Intrusion-Related Gold System ("IRGS")

Heidi lies within the prospective Tintina Gold Province (TGP), specifically the Tombstone Gold Belt; a 200 km long belt of gold deposits directly associated with mid Cretaceous age intrusions of the Tombstone plutonic suite. Based on the results from an airborne magnetic survey and surface geology a large Tombstone-type intrusion (6 km in diameter) has been inferred to underlie the northern portion of the property.

The property is underlain by Proterozoic metasedimentary rocks of the Hyland Group intruded by dykes of the Tombstone plutonic suite. Mineralization consists of stratabound gold-bearing pyrite-arsenopyrite replacement zones in carbonate-rich horizons and related quartz-sulphide breccia veins peripheral to a buried intrusion, similar to the setting at Mike Lake and Scheelite Dome, Yukon Territory.

Exploration results to date:

• mineralization traced along surface for a distance of 2 km
•  trench sampling returned values ranging from 1 to 7 g/t gold over 1 m intervals and grab samples assayed up to 19.9 g/t gold
• drilling in 2006 and 2007 intersected gold mineralization in 16 of 21 holes over a 1 km strike
• diamond drill results include  2.09 g/t Au and 9.5 g/t Ag over 4 m, including 4.04 g/t Au and 18 g/t Ag over 2 m with anomalous arsenic (As), antimony (Sb), and bismuth (Bi)
• subsequent to the 2007 drill program, Logan Resources conducted a helicopter airborne magnetic survey, which provided more detail of the underlying geology

Follow-up:

• new drill targets have been delineated, which require pre-drilling confirmation through structural mapping 
• drilling at Heidi requires the targeting of mineralization within the fold noses where structural thickening of the replacement zones can occur.  Deep holes are necessary to target the buried intrusion