PROSPECTING REPORT ON ELISIR ALBERNI M.D. MAP

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/PROSPECTING REPORTONELISIRALBERNIM.D. MAP 92E/16LAT 49’ 45’ 25” N LONG 126 15’6O”WEFREMBYSPECOGNA

1.IntroductionThis report describes the work carried out on the Elisir Mineral Claim. Situated in theAlberni Mining Division. It also includes some unreported assay results obtained by theauthor in previous years without asking for credit, as it might become useful at some timein the future to someone.2.Location and AccessThe Elisir is located at the spring of the Muchalat West River a confluent of MuchalatNorth, and Diamond Cr. draining into the Conuma Valley.3.HistoryThere is no record of any work done on the Elisir except for an airborne electromagneticprofile by Aerodat for Noranda, following an option agreement with the author on theDragon prospect.The author has been prospecting the general area since 1985 (accompanied by daughterTania and her friend Tiera Punt), while checking paleozoic limestone areas reported bythe C.G.S., and located a massive sulphide float north of Leighton Mountain in theMuchalat Valley.Huge amounts of snow at high elevation and lack of road access to the south of the rangeprevented serious prospecting until 1992 when the logging company, active in the area,disclosed its’ five year logging and road building plan. Following the Specogna staking,the Dragon showings, and an option agreement with Norex (a Noranada subsiduary)more ground was acquired by Norex. Norex dropped the option in 1994. Westmin tookover only to leave for greener ground in 1996.4.WorkAfter Westmin left, a new road was built in 1998 that exposed rocks never reported onVancouver Island. These rocks are now being explored. Petrographic, rockidentification of five samples, microanalysis of spinels, and several rock chip sampleswere analyzed multi-elements and P.G.E.5.G %YThe area covered by the Elisir mineral claim was mapped as Karmutsen. In fact it coversa very complex geology that consists of laprophyric dikes, layered mafic and multiinstrusive including silicic, quark fe&atic dikes from a width of 50 meters to 20centimeters and in the Cu. Ni. Co. area silicic dike as small as 1 centimeter. Alsobasalticroundandobfongpyroclast.witha feY accidentals(siL%cic)1-aFe exposed &ql.a ?I & bluff.

Withintheintrusive( probablybythecomplexa pipe) isRd. builders,thesilicicalsoone hundreddecomposed,cutto a depthend is notare embed&ed in it.decomposedwithto be of thenearan areafistsame composition.by is saturatedOn theeasternwithsiteareaat a higherfiveis wellexpoded.MO. occursin Karmutsenthe whichtonne'scentimeterTo the westis lcanic theof maficembedded in itA severalof the exposedweatheringis pprrhotitebouldersclastwideof ten metersin roliticof Elisirin anotherwalleyin quartzveinsmain sulphideby molybdenite.6. ResultsPetrography-ctheand PhotomicrographsfromNicroanalysfksof Spine&deep of the mantle,theirdiamondisquartzindentifiedof notethatfeldspaticintrusionanomalous50% Cr.comparesindicatecloseoriginto worldmicrodiamondswere foundinrocks.and layereddikesmaficafterof Cr.butthelimitedrocksenrichedassaysto thein Cu. Ni.southseemofandin PGE.westand northwestby Aerodatconsidersthe areabone of VancouverWest&nGermany recentlyinare depletedwere detectedC.S.G.contentof Cu. and PGE , whereasto be depletedTo theCr.withdeposits.The beItanalyseson theIsIand.ItDragonof the aboveareaand have not yetnorthisseveralbeen investigated.west of Gold Riverof notecompare withthethatE.M.anomaliesrocksKambaldato be the backmapped bygeologyof Australia.

Cominco ch -vMr. E. Specogna1704 CentennaryNanaimo,B.C.V9X 1 A322 April,DearResearch Laboratory/l486East Pender StreetML lVB/T (604) 685-3032/F&x(6 4) J44-2686Drive1999RE:Sir:Three pieces of dense,are cut by thin veinletsdisseminatedthroughwhichis seen to reactWhite IMineral I.D. / E. R. L. Job V990232Rblack, fine grainedrock whichreact vigorouslyof white calcite.Fine graineddisseminatedOn somesurfacesa whitecoatingthe rock.only mildlyto 10% HCI.The whitecoatingwas scrapedoff the rocksidentifiedin the x-ray chart are quartz and calcite.The white coatingsare seen to be quitebelievedthey are largely quartz.AttachedYoursis the x-raytruly,,a.,*f.;/ .idiffractogramMcLeod,E.R.L. ManagerJ.A.JAMfskwApp. ed.scrappedto 10% HCIFe-sulfidesareis developedThewithtwoa needlemineralsso it is

Corninca:a./ Expioratiofii?erearrilLaboratorjll456 Eat Pen&r jrrwt iVantouver. B.C./Canada VSLIV8Phone:(604) 685-3032/fax: (604) 844.2686Mr. Efrem Specogna1704CentenaryDriveNanaimo,B.C.V9X lA321 January,Dear2000RE: MineraIogicalSir:Five rockeach andsamplesa quickwere submittedfor identification.descriptionis given.The samplesLAB llowingSAMPLEIdentification/ E. R.L. Job VOOOOO8RA thin sectionwas madeare referencedas follows:ofFtELD NO.Diamonds#IDiamonds#2KukutkaNi Cr AnomalyAssociatedCr,Ni,Coare the descriptions:R00:00223(Diamonds# 1).Large plagioclasecrystalsto 5 mm in lengthwith interstitiallaths of chlorite,inpatchesand aggregatesof 24 mm,are noted.Somefine grainedepidote,sphene,carbonateand iron-oxidesare widelydisseminated.The rock appearsto besome sort of chloritizeddiorite.

Lemr To:Eirzn Spcogna / 35: Ph nlo icalI.C. .!E.R.L.job VOOCOSR 2 I -Jan-CO !Fage 2:\SAMPLER00:00224(DiamondsThis rock is cut by severalcalcitefine grainedchloriteand tremolite.SAMPLER00:00225#2).veins andIt appearsveinletsand is comprisedto be an alteredvolcanic.of relatively(Kukutka).Large, poikiliticgrains of amphiboleare seenincorporateor engulfgrains of plagioclasemm size range.Somelarge crystalsofappearto be corroded.The rock has beenmannerwith the developmentof secondaryto be up to severalcm’s in size.Theyand pyroxenethat are in the 0.5 - 1 .Oplagioclaseare also presentand thesealteredin an interstitialto intergranularamphiboles,chloriteand sulfides.ThemegacrystrockSAMPLEis somesortR00:00226of basicto ultrabasicbearinglamprophyre.(Ni Cr Anomaly).An extensivelyaltered rock has what appearsto be crystalsof amphibolethroughout.The rock is a fine grainedmixtureof tremoliteand chloritepossibilityof talc.The rock is thoughtto be an alteredultramafic.SAM’PL E R00:00227 (AssociatedThissampleis comprisednaturein the 0.25- 0.5plagioclase.The plagioclase2 - 3 mm in size.The rockpre-existingis an amphibolitebasic volcanicdevelopedwith theCr,Ni, Co).of fresh,fine grainedamphibolegrainsof a granularThesegrainsare intergrownwithmm size range.grains vary from 0.5 mm to aggregatesof grains up toand mayor igneousin fact be a metamorphicmaterial.rockderivedfroma

lomincoLtd./ExplontionRe earthLabontory/1486EanPenderSt t/Vaomuver. B.C./Canada WIVBPhone:(604)685-3032/Fax: (604)W2486Mr. E. Specogna1704 CentennaryNanaimo, B.C.V9X lA32 September,Drive1999Dear Sir:RE:Lamprophyre Sample/ E.R.L.A large, black, crystallinerock sample was submittedsection was made and examined microscopically.In xene:Opaques:the rock is seen to contain(hornblende):JobV990602Rfor identification.the followingvisuallyA thinestimated60%20%10%a-9%1%Large grains of hornblende to a cm are anhedral and often contain small, euhedralgrains of pyroxene (0.5 mm) as inclusions.As well, intergrownwith hornblendeare larger, ragged laths of pyroxene and even larger grains of biotite.This biotitemay be up to several mm’s in length.Corroded, granular olivine up to 2 mm are included in hornblende and biotite.disseminated,very fine grained iron sulfide opaques are present in the rock.SomeThe rock is an unusual basic/ultrabasicmaterial and is a hornblenderich, feldsparpoor lamprophyre.Based on field descriptionsit is a lamprophyredyke.

Letter To:* .,cMr. E. Specogna/RE: tamprohyre Sample/E.RL. Job W90602RR-Se -99/page2:.A few photomicrographshave been taken and these are captionedThey are meant to illustrate mineralogy and texture.Yours truly,I4.‘.J.A. McLeod, M.A.Sc.,E.R.L. ManagerJAM/skwApp.Encl.(photos)(section)P.Eng.and appended.

COSTMRING9.6Kg. sample proceesing 278.00UBC ELECTRON-PROBE MICROANALYSES300.00Assay's875.0025 saplesat 35.00MineralogicalIDTravelKm. atLabor10.000per sample324.00./ O# per Km.I5 days two men 350.00per day4.000.004.500.00-----------10.277.00

-.STATEbGZNT of QUALIFICATIONI EfremthirtySpecognayearsmayor CanadianEfrem Specognacertyfythatand had miningMiningI beenprospectingclaimsCompany.optionedforto mostover

amp 1Lamp 248200486003243253263273282010201120122013Breccia boulder in road rubblePyritized volcanic in road cutVery coarse lamprophyreSkam bellow miara rocks west of diamond Gr.Altered volcancic bettwin lanprophytesAs above - also ROO:OO22and 23Pyritized quart veinsAs aboveAs aboveAs above on south side of small faultEight feet sample north of 48637 altered volcanicVeins in rock rubble across diamond gr.Same place quart miraMira certQuartz stainen darkCoarse lamprophyreEvenly grained boulder withing decayed rockDecayed rock near layered maficMoss in Cr. To the west of layered rockThin layered silicified boulder in road rubbleChip sample along east west fault ROO:Oo27Five hundred m. south of above in road cutGabbro floats from Cr. In the Muchalal valleysGabbro floats from Cr. In the Muchalal valleysGabbroGabbro pyritezedGabbro pyritezedGabbro pyritezed

Assays of previous 8483894839048317Small float in Northgate ValleyMO in quarts veins in Karmutsen volcanicsMO in quarts veins in Karmutsen volcanicsMO in quarts veins in Karmutsen volcanicsMO in quarts veins in Karmutsen volcanicsMO in quarts veins in Karmutsen volcanicsNi Cu amomaly in Northgate Valley also ROO:OO226Black ultra basic in big rock pit Conuma ValleyCu mineralized gabbro South West ofMuchlat LakeGabbro main showingPartially bleachedTotally bleachedTotally bleachedFresh and hard GabbroCoarse horblend GabbroGraphitized Dike with floresheht white veinlets V990232RKarmutsen with pyrrhotiteFrom 48163 paned over flow (tailing)Same concentrated with magnet& removedSame mostly magneticGraphitized as 48640

. SAMPLE Roil: 12075IDragon).Phenocrystsand microphenocrystsof plagioclasein the 1 They tend to becomposedof plagioclasefeldspar%phenocrystsof quarrz of the same size are equant in outline.in a matrix of extremely fine grained sutured silicates (quartzthat demonstratesome flow like textures as demonstratedbyof green-brownbiotite.The rockcomposition.isa flowedquartz-feldsparmicroporphyry3 mm size range arelath shaped.Also,These crystals are setand potash? edwithtodaciticYours truly,J.A. McLeod, M.A.Sc., P.Eng.Manager, Exploration TechnicalE.R.L.Accordingtothe MajormassiveA .roadfiveItrecentlyhundredm.ztsrsison theletteraturealongmetersnow RAGON RANGE.aredepositsineasternthisformationcat be seen intermittentlyeast'westthatrocksmostCanada.overa lengthoveroftwo thousandfault.SEVERAL maficand felsicofsequencesoccured

The Elisir is located at the spring of the Muchalat West River a confluent of Muchalat North, and Diamond Cr. draining into the Conuma Valley. 3. History There is no record of any work done on the Elisir except for an airborne electromagnetic profile by Aerodat for Noranda, following an

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