TABLE
OF CONTENTS
LOCAL GEOLOGY and MINERALIZATION
PROSPECTING and GEOLOGY, 2000 & 2001
CONCLUSIONS and RECOMMENDATIONS
Appendix
I Statement of Costs, Silver
Peak 1-4
Appendix
II Statement of Qualifications
The historic Eureka-Victoria Silver Mine was acquired by Homegold Resources Ltd. on June 12, 1995 when the three 1869 Crown grants reverted to the Crown. The surrounding ground was staked on November 3, 2000 when previous located claims lapsed.
The property is located on the rugged western slopes of Silver Peak between the elevations of 4,500 and 6,000 feet. A partially overgrown road leads to the mine site. The general mine area is clearly visible from the Trans Canada Highway at the Village of Silver Creek and Lake of the Woods.
The veins are characterized by silver-rich tetrahedrite (freibergite) in a siderite gangue. The upper parts of the veins, which were oxidized, produced spectacularly high silver values up into the hundreds of oz/Ag per ton. The primary unaltered vein material appears to average around 10 to 25 oz/ton silver. Minor preliminary metallurgical testing has been done in 1982 for bench scale leaching. The mineralization is amenable to leaching and recoveries in the order of 50% to 60% may be possible.
Preliminary resource assessments on the Eureka vein only, have been made (Spencer, 1982) suggesting the following inventory:
|
EUREKA VEIN (from Spencer, 1982) |
||||
|
|
Sample Location |
Length |
Oz/Ag |
Width |
|
Block A |
Surface samples |
200 ft |
15.73 |
3.0 ft |
|
|
New Carbonate Level |
214 ft |
17.12 |
3.0 ft |
|
|
Average grade |
|
16.31 |
3.0 ft |
|
Block B |
New Carbonate Level |
214 ft |
17.12 |
3.0 ft |
|
|
Eureka Raise |
200 ft |
7.78 |
3.0 ft |
|
|
Eureka Drift |
280 ft |
8.78 |
3.0 ft |
|
|
Average grade |
|
11.06 |
3.0 ft |
|
Block C |
Eureka Drift |
280 ft |
8.78 |
3.0 ft |
|
Total Indicated Reserves |
42,000 @ 13.10 oz/ton Ag |
|||
|
Inferred Inventory, Block D |
12,000 @ 13.10 oz/ton Ag |
|||
|
Total Indicated and Inferred |
54,000 ton @ 13.10 oz/ton Ag |
|||
The vein systems have not been tested at depth below the Eureka Drift. The lack of accurate survey data apparently has hampered the exploration efforts in the past. The “Lower Tunnel” did not explore the main Eureka vein as was demonstrated by a 20 ft cross-cut driven in late 1981.
A phased exploration program is proposed to adequately test the vein systems at depth. An accurate survey base map is key to this program.
The Eureka-Victoria mine is located 6 km south of the Town of Hope, Figure 1 and 2, bounded by Silverhope Creek to the northeast, Eureka Creek to the northwest and Sowerby Creek to the south and east. Topography rises very steeply from about 200 feet at the Fraser River to 6,810 feet elevation on the top of Isolillock (Holy Cross) Peak.
Access to the mine site is presently best by a short 4 km helicopter flight from the Valley helicopters Ltd. base at Silver Creek on the Trans Canada Highway or by foot along the road.
The lower slopes of Silver Peak have been logged off in the late 1950’s and early 1960’s. A series of logging roads extends up to the 4,500 foot level. A steep mine road in stable condition provides access from the logging road network. The main logging road has recently been cleaned out by Interfor for road deactivation work. The road is driveable in 2001 up to a point 2.8 km from the Silver Lake Road. The portion between 2.8 km and 3.6 km has been deactivated by Interfor but could be cleaned out for access relatively easily (per communication with Kevin Chisholm, Road Engineer with Interfor, phone: 604-869-7111). The road between 3.6 km and 7.5 km at the lower workings was not deactivated by the loggers since it was deemed to be stable for the long term. The road above 5.8 km is in good shape.
Due to the implementation of the British Columbia Forest Practice Code and its provisions for forest road standards, the opening of the access road for mining purposes will require deactivation plans taking into consideration slope stability work. The result is that road “activation” tends to be more costly in the Province of British Columbia.
The area is held by the Silver Peak 1-4 and Eureka claims as shown in Table 1 and Figure 3.
|
TABLE I |
|
||||||
|
LIST OF CLAIMS |
|
||||||
|
Claim
Name |
Tenure
No. |
Size |
Units
|
Location
Date |
Recorded
Owner |
Current
Expiry Date * |
|
|
Silver Peak 1 |
336759 |
2 post |
1 |
June 12/95 |
J. T. Shearer |
June 12, 2004 |
|
|
Silver Peak 2 |
336760 |
2 post |
1 |
June 12/95 |
J. T. Shearer |
June 12, 2004 |
|
|
Silver Peak 3 |
336761 |
2 post |
1 |
June 12/95 |
J. T. Shearer |
June 12, 2004 |
|
|
Silver Peak 4 |
382196 |
5Sx4W |
20 |
Nov. 3/00 |
J. T. Shearer |
Nov. 3, 2002 |
|
|
Total Units |
|
|
23 |
|
|
|
|
* with application of assessment work documented in this report.
Subsurface mineral title in British Columbia is held under the regulations of the Mineral Act. Mineral tenure is secured by locating two post or modified grid claims in the prescribed manner and then completing approved assessment work on the claims in the amount of $100 per unit for each of the first three years and then $200 per unit thereafter.
When the Silver Peak Claims were located in 1995, a fraudulent claim was also filed, which precluded having a substantial work program approved by the Mines Branch in 1995. Fortunately, these fraudulent claims were finally cancelled in November 1997 after J. T. Shearer filed a successful Section 35 complaint.
High grade silver deposits were discovered by Peter Emery in 1868 while hunting mountain goat. He showed samples of the mineralization to George Schooley of Yale who located ground for himself and friends. Cairnes (1924) records that:
In 1869 a company was formed by local and Victoria
capital, called the Eureka Mining Company.
About 1871 they sold out to the New Eureka Mining Company, Limited for
$80,000. That company had a capital of
$150,000. The Victoria claim was also
disposed of by the original locators.
The purchasers afterwards formed a company called the Victoria Silver
Mining Company, Limited, with R. P. Rithet, secretary, and a nominal capital of
$60,000 in $20 shares. Among the
original subscribers were the well-known pioneers of British Columbia, E. P.
Moody, who built the first sawmill on Burrard Inlet, H. Nelson, George Dietz,
and George Dunbar. Cariboo pioneers
were Francis Garesche, T. C. Hughes, and others prominent in the early history
of British Columbia.
The amount of ore shipped apparently amounted to a
considerable tonnage containing high values.
The ore was packed part way down on Indian backs, and the rest of the
way to Hope on packhorses. It was then
floated on barges down the Fraser River, towed to Victoria, and loaded on
sailing vessels for San Francisco. Some
shipments went round Cape Horn to Swansea, Wales. This ore netted $420 per ton.
The mines were closed
in 1874, due in part, to the expensive methods of transportation, and, in
part, to unfortunate litigation as to their ownership and management.
The mines were reopened in 1920 for the present owners Sperry and White of Seattle, under the management of A. S. Williamson.
It is reported that during 1924 one of the old drifts was extended. There is no record of any production at this time except a 5 ton test sample was assayed 268 oz/Ag/ton. In 1961, Tru-West Exploration Ltd. with W. Ferguson, President and J. Knopp, Manager, drove a new cross-cut at an elevation of 5,200 feet extending 126 metres and a 69 metre raise driven about 60 metres from the portal. In 1963, a 3,500 foot aerial tramway was installed in June to move equipment and materials.
A new company, Holy Cross Mountain Mines Ltd., S. McClay, President, contracted 1.5 miles of new road in 1968 and in 1971 drove 205 feet of 6’x7’ drift which employed 10 men for six months under the direction of A. Aalde.
Vanstates Exploration Ltd. acquired an option of the three Crown grants in 1980. In 1981, a 61 metre raise was driven from the Eureka drift and a new adit was driven 65 metres to intersect the raise. Based on this work, an indicated resource (Spencer, 1982) on only the eastern portion of the Eureka vein of:
Indicated 38,000 tonnes grading 449.15 grams per tonne silver (13.10 oz/ton)
Inferred 10,900 tonnes grading 449.15 grams per tonne silver
48,900 tonnes (54,000 tons)
Vanstates also attempted to carry out some diamond drilling in 1983. Unfortunately the drill sites were not surveyed and the drill crew was forced out by bad weather on October 31, 1983 without knowing if the target was reached.
A VLF-EM survey was conducted by J. Lloyd in 1982 and some prospecting was done for Guinet management by R. Yorston in 1990.
Cairnes (1944) compiled the regional geology of the Hope Area as Map 737A. This was revised by Monger (1970). The area around Hope encompasses the major tectonic boundary between the Coast Plutonic Complex and the Cascade Fold Belt. A recent contribution to the regional geological setting is by Richards and McTaggart (1976), Figure 4.
Structurally the area lies within imbricate fault slices between the Yale and Hope Faults and the Shuksan Thrust to the west. The graben created by the Yale and Hope Faults is a major fault system that extends northward for many kilometres and controls the course of the Fraser River.
The intrusive evolution of the area is varied and complex. The Silver Peak Claims are underlain to the west by late Cretaceous Spuzzum Intrusions, which range in age from 73 m.y. to 89 m.y. These are the oldest plutonic rocks of the region. The Yale Intrusions northeast of Hope are a group of stocks and sills that lie along a belt extending from 5 km north of Yale southward to near the head of Silver Creek. This suite of rocks range from tonalite and granodiorite to quartz monzonite. All units of the Yale intrusion display some degree of cataclastic foliation.
The Silver Creek Stock, 5 km south of Hope, is about 25 km2 in area. It is composed of homogeneous and unfoliated medium grained tonalite. Richards and McTaggart (1976) page 944, describe the stock as follows:
“The stock intruded and metamorphosed Eocene conglomerate and has been intruded by the Miocene Mount Barr batholith. The walls of the stock appear to be vertical. A single K Ar. determination on hornblende gave an age of 35 m.y., which is considered to be the time of emplacement of the stock. That the stock is epizonal is suggested by the high-temperature structural state of the alkali feldspar, fine grained margins, adjacent hornfels, and mid-Tertiary age.”
Emplacement of the Mount Barr batholith has been dated at 21 m.y. (Richards and McTaggart, 1976) and is exposed 4 km south of the Silver Peak Group. The later phases of the Mount Barr batholith at 16 m.y. represent the youngest major intrusive phase in the area.
LOCAL GEOLOGY and MINERALIZATION
The area to the west of the claims is underlain by diorite and tonalite of the Spuzzum intrusions (McTaggart and Thompson, 1967). Two main units are distinguished: a central zoned diorite complex and a surrounding tonalite, Figure 5. The diorite is a fresh, medium-grained rock consisting of bronze-brown hypersthene and black augite with variable hornblende. Biotite is a minor constituent and quartz was rarely identified.
Richards and McTaggart, 1976, describe the dioritic complex as follows:
“The diorite complex is crudely zoned, with hypersthene-augite diorite (rarely norite) in its core regions and hypersthene-hornblende diorite (rarely tonalite) at its margins. The mineralogical variation appears continuous, but three varieties have been defined: hypersthene-augite-hornblende diorite and a marginal zone of biotite-hypersthene-hornblende diorite. Only a small chemical differences accompany the pronounced mineralogical variation.”
The area immediately around the Eureka-Victoria Mines working is best described in Cairnes (1924) as reproduced below:
“The upper 2,000 feet of
Silver Peak is composed chiefly of a massive conglomerate of Lower Cretaceous
age. Other remnants of this formation
occur on the southern flank of Hope Mountain and in the Fraser Valley on either
side of the river near Hope. The
conglomerate varies greatly in the size of its constituent pebbles. A large proportion might be regarded as a
coarse-grained grit, but in other sections it contains cobbles varying up to 6
or 8 inches in diameter. The general
attitude on Silver Peak is nearly north and south, with an average high dip to
the east. The attitude is, however,
subject to local variation and syncline.
This conglomerate has been invaded by a large batholithic body of quartz
diorite, locally known as “granite”, that comes in contact with the
conglomerate on all except the southern flank of Silver Peak, where a narrow
band of highly metamorphosed sediments, probably also of Cretaceous age,
intervene. These sediments on the
divide between Silver Peak and Isolillock Mountain form a belt less than 200
feet wide, but their width at lower elevation could not be determined. They comprise both shaly and sandy
materials, but their original character has been largely marked by the
metamorphism to which they have been subjected by the quartz diorite, as well
as by an earlier intrusive lying farther to the northwest.
Cutting the conglomerate at
an angle to both bedding and joint planes are a number of quartz porphyry
dykes. The largest of these has an
average width of 20 feet and follows in an irregular fashion the line of the
Glory Hole gulch, which cuts through the middle of the property in an east-west
direction.
Mineral Deposits. The mineral deposits at the Eureka-Victoria
mines occur in well-defined fracture zones in the conglomerate. These coincide with a prominent set of
joint-planes, which intersect the conglomerate in a general northeast-southwest
direction. Along these joint fissures,
more or less movement and brecciation of the conglomerate has occurred, so that
fracture zones, many of them several feet wide, have been developed. These zones furnished relatively easy
passage to the mineralizing solutions forming the present ore deposits.
The principal deposits
occur in veins within the fracture zones.
They rarely occupy the entire width of the zone, often form only a minor
part of it, and in general, favour the hanging-wall side. Together with the intervening and in some
cases sparingly mineralized conglomerate gangue they constitute the ore-bodies
or lodes. Only in rare instances can
the high-grade vein material be mined separately.
The chief gangue minerals
are siderite, limonite and quartz. The
first occurs either as a brownish, coarsely crystalline mineral with large
lustrous cleavage surfaces, or as a cream-coloured aggregate intergrown with
clear crystalline quartz. The limonite
occurs in two generations. That of the
first is, in part, pseudomorphous after siderite and forms characteristic
wedge-shaped crystals that project into open fissures in the vein. That of the second generation has been
deposited over the older gangue minerals, is quite soft, and shows a botryoidal
structure. The quartz is formed in two
generations, the first intergrown with the siderite as well with tetrahedrite
and iron sulphides, and the second forming crystals on the surfaces of the
other minerals.
The principal ore mineral
is the sulphantimonide of copper, tetrahedrite. This mineral carries a varying proportion of lead as well as the
primary silver values in the deposits.
It occurs in intergrown or deposited at different stages the siderite,
quartz and pyrite and may replace the earlier formed minerals. It is disseminated irregularly throughout
the ore-bodies in small specks or irregular masses that rarely exceed a cubic
centimetre in size.
A concentration of silver
values occurs in certain of the upper sections of the ore bodies. There, superficial processes involving
oxidation, carbonatization, and solution have resulted in the substantial
reduction of gangue minerals and a differential enrichment of the mineral
content of the veins. The tetrahedrite
there has suffered decomposition. The
copper has largely disappeared and the little left converted to
carbonates. The lead has been largely
retained, probably as an amorphous carbonate, and holds the silver values. The oxidation products of the silver and
lead have lent a characteristic yellowish appearance to the decomposed
ore. The result is a rich concentrate,
running into hundreds of dollars per ton, from which shipments were made in the
early years of mining.
Description of Ore-bodies. The principal mineral deposits occur in the
Eureka, Victoria and Victoria West ore-bodies.
A couple of minor bodies cross the Glory Hole gulch below the Eureka lode
outcrops.
The Eureka lode, at present
the most important ore-body, has been traced across the summit of Silver Peak
for about 1,400 feet, its course for the greater part of the way being well
defined by solid conglomerate walls.
Its width varies, according to the surveys made by the management, from
5 to 20 feet, and is greatest east of the Glory Hole gulch where for about 600
feet it is between 12 and 20 feet. The
western section of 800 feet has been neither close followed nor measured, but
may average 5 feet in width. The actual
proportion of the vein and mineral disposition within this fracture zone is
extremely variable. In part the entire
zone is occupied by gangue mineral, but these are mostly confined to narrow
veins or stringers within the fractured belt and their combined width is
measurable in inches rather than feet.
An adit was driven, in the
early days, from the eastern side of Silver Peak, and at 5,190 feet above
sea-level, for a distance of 240 feet along the principal ore-body. At the face a sample taken across 2 feet of
ore was assayed by the Mines Branch, and ran 4.42 ounces in silver per ton and
0.17 per cent copper. Near the mouth of
the adit some gangue richly impregnated with tetrahedrite is said to have
assayed high in silver. Farther up the
hill the values have been concentrated by oxidation and an adit disclosing
copper-stained ore was driven for 20 feet along a narrow vein of this oxidized
ore.
Where the Eureka ore-body
crosses the Glory Hole gulch it encounters a wide rhyolite dyke. This dyke does not cross the ore-body, but
forms the northwest wall for a distance corresponding to its width. The opposite wall is conglomerate, but the
dyke may reappear again farther up the gulch.
The Victoria lode
originally constituted the old Van Bremer mine. It has been traced for approximately 1,200 feet on the
southwestern slope of Silver Peak, its course, like that of the Eureka
ore-body, being obscured at lower elevations by snow. The general character of this lode is essentially similar to the
other.
At an elevation of 5,510
feet, or 90 feet above the snowbank (figure 6), a drift 8 feet long, known as
the lower Victoria tunnel, has been driven on the ore-body, the mineralized
part of which has a width of 14 inches.
A sample across this was assayed by the Mines Branch and showed: silver,
11.65 ounces per ton; no gold; no lead; and 0.30 per cent copper.
Two hundred and twenty feet
above this shore drift another adit has been driven for 50 feet along a vein of
richly oxidized ore. The vein, which
strikes nearly east and west and dips at about 70 degrees south, has an average
width of a foot. A sample taken at the
portal of this tunnel across 14 inches of ore was assayed by the Mines Branch,
and yielded 168.75 ounces silver per ton, a trace of gold, 1.12 per cent
copper, and 11.96 per cent lend. A
sample taken the previous year from the riches part of this vein gave an assay
return of 658.42 ounces silver, and 26.72 per cent lead.
At 50 feet below the portal
of the upper adit this enrichment is not noticeable. A sample was taken across a vein 12 inches wide in which the
gangue minerals were siderite and limonite.
This sample, assayed by the Mines Branch, yielded 38.65 ounces silver,
trace of gold, 1.04 per cent lead and 44.37 per cent iron.
The Victoria South ore-body, and the smaller veins crossing the Glory Hole gulch below the Eureka lode, are composed of much the same materials.”
(More recent work by G. E. Rouse showed that the conglomerate is of Eocene age based on pollen fossils.)
Sampling results by Vanstates Resources in 1981 (Spencer, 1982) are shown on Figure 8 from which the mineral inventory of 54,000 tons averaging 13.10 oz/ton was calculated on the eastern portion of the Eureka vein.
Limited prospecting and sampling was completed in 1995. Assay results of a suite of altered, chloritic conglomerate samples collected in 1995 are shown in Table 2. This suite of typically chlorite altered but unmineralized conglomerate averaged about 68.5% of SiO2 and 14.1% Al2O3, but the combined alkali content (Na2O+K2O) is 4.3%.
PROSPECTING and GEOLOGY 2000 & 2001
Prospecting and geological mapping was completed on Silver Peak 4 claims along the old logging/mining road system given the renewed access from the lower roads in conjunction with road deactivation by INTERFOR, plotted on Figure 10, in pocket.
The siderite-tetrahedrite veins (both the Eureka and Victoria veins) were noted on surface to be steeply (75º-80º) dipping to the southeast. They rhyolite porphyry in Glory Hole Gulch was observed to be oriented 325º/75º east. There is a possible faulted segment of the rhyolite dyke oriented 105º/48º south.
The major regionally extensive Hope Fault is seen just to the west of Blue Lake. The schistose quartzite and shale/slate, which occur immediately to the east of Blue Lake, appear to owe their schistocity to movement along this major structure. Similar schistose quartzites were noted just north of the Silver Peak 4 claim again immediately adjacent to the presumed trace of the Hope Fault.
The host (Eocene) conglomerate is variably altered by chlorite and silicification. Thin sandstone and shaley interbeds are relatively common over narrow intervals. Framework clasts in the conglomerate are mainly well rounded but occasionally angular intervals were noted
An airborne magnetic survey around the Silver Peak Group issued by the Department of Energy, Mines and Resources, Ottawa in 1972, Figure 8, illustrates many of the geological features discussed under Regional Geology. Clearly evident is the circular outline of the Silver Creek Stock, which is located to the north of the claims. A subsidiary local magnetic high occurs along the central part of Eureka Creek. The highly variable magnetic signature of the Mount Barr batholith shows along the south edge and to the east of Silver Peak. In contrast the Spuzzum Intrusions have a relatively featureless magnetic profile. Slightly higher magnetic response is suggested for the core zone of the dioritic pluton. An east-west elongate trough occurs along the north part of Silver Peak 4 claims. This may reflect a subsidiary fault, which trends the same direction as the Hope Fault and occurs near the 1200m elevation break-in slope.
Spencer (1982) reports that:
A 131 pound composite sample of assay reject material was shipped to Witteck Development Inc. in Mississauga, Ontario for bench scale leach testing. The results of this test work indicate the silver values are evenly distributed in the various size fractions and fine grinding was necessary to obtain optimum recoveries. The ore is amenable to leaching and recoveries in the order of 50% to 60% may be possible from heap leaching methods. A sample of coarser run-of-mine ore will be required for permeability testing of the potential heap leaching extraction method.
The testing of the Silver Peak mineralization in relation to flotation recoveries is warranted.
CONCLUSIONS and RECOMMENDATIONS
The Eureka-Victoria Mine was the first Crown-granted mineral property in British Columbia. A substantial unknown quantity of high-grade oxidized silver ore was produced between 1868 and 1874. Grades of oxide material range up to 500-600 oz/ton silver. Primary mineralization consists of silver-rich tetrahedrite (friebergite) in a siderite-quartz gangue. Underground drifting in 1924, 1962, 1971 and 1981 has suggested a mineral inventory on the eastern portion of the Eureka vein of 54,000 tons averaging 13.10 oz/ton silver. The vein system consists of three main veins: (1) Eureka, (2) Victoria (formerly Van Bremmer) and the (3) Victoria West. The veins strike about 053° and dip steeply to the southeast. Several smaller veins are known at lower elevations. None of the veins has been tested at depth, although the Eureka Vein has been traced over 300 metres of dip length and is open down dip.
The mine has been developed on several levels and raises between the levels. Access is available by a combination of recent logging and mining roads have recently been cleaned out by Interfor for road deactivation work. The road is driveable in 2001 up to a point 2.8 km from the Silver Lake Road. The portion between 2.8 km and 3.6 km has been deactivated by Interfor but could be cleaned out for access relatively easily (per communication with Kevin Chisholm, Road Engineer with Interfor, phone: 604-869-7111). The road between 3.6 km and 7.5 km at the lower workings was not deactivated by the loggers since it was deemed to be stable for the long term. The road above 5.8 km is in good shape.
Exploration in the past has been hampered by a lack of detailed survey control. Accurate survey control will be especially important as the vein system is tested at depth. A two-phase exploration program is recommended to establish transit and EDM survey control, geologically map the area around the vein system and diamond-drill to test the veins at depth.
Respectfully submitted,
J. T. Shearer, M.Sc., P.Geo.
Phase I
Detailed Transit and EDM survey of workings and surface points, detailed geological mapping.
Survey crew - $1,200 per day for 7 days $ 8,400.00
Geological mapping (2 man crew) - 7 days at $650 per day 4,550.00
Helicopter support - 7 days at $550 per day 3,850.00
Meals and accommodation - 28 man days x $60 per man day 1,680.00
Survey plotting 1,500.00
Report, drafting and reproduction 2,000.00
10% contingency 2,000.00
Phase I Total $ 23,980.00
Phase II
Open road, road repairs, diamond drill lower part of vein system.
5,000 ft. contract diamond drilling at $35 per foot all in cost $ 175,000.00
Opening road - 5 days at $1,500 per day 7,500.00
Road repairs, culverting 40,000.00
Camp cost 7,500.00
Geological supervision and control 19,000.00
Report reparation, drafting and reproduction 5,000.00
10% contingency 22,000.00
Phase II Total $ 276,000.00
PHASE I and II TOTAL $ 300,000.00
British Columbia Minister of Mines, Annual Report:
1874, p.15; 1875, p.17; 1890, p.378; 1902, p.196; 1921, p.197;
1924, p.138; 1926, p. 198; 1962, p.92; 1963, p.90; 1968, p.78.
Cairnes, C. E., 1921:
Coquihalla Area, British Columbia, Geological Survey of Canada, Sum. Rept., 1920, Pt A, pp 23-41.
1924a:
Reconnaissance of Silver Creek, Skagit and Similkameen Rivers, Yale District B.C., Geological Survey of Canada, Sum. Rept., 1923, Pt A, pp 46-80.
1924b:
Coquihalla Area, British Columbia, Geological Survey of Canada, Memoir 139, 187 pp.
1944:
Hope Area, Geological Survey of Canada, Map 737A, 1” = 4 miles, 1 sheet.
Krueckl, G. P., 1983:
Field Program Report on the Eureka-Victoria Property, Hope, B.C., Private Report for Vanstates Resources Ltd., dated December 12, 1983, 6 pp.
Lloyd, J., 1983:
VLF-EM Report on the Silver Peak Area. Assessment Report 11057 for Lynn Beard, Feb. 1983.
McTaggart, K. C. and Thompson, R. M., 1967:
Geology of part of the Northern Cascades in Southern British Columbia. Canadian Journal of Earth Sciences, Vol. 4, pp 1199-1228.
Monger, J. W. H., 1970:
Hope Map-Area, West Half, British Columbia, Geological Survey of Canada,
Paper 69-47, 75 pp.
Richards, T. A. and McTaggart, K. C., 1976:
Granitic Rocks of the Southern Coast Plutonic Complex and Northern Cascades of British Columbia, Geological Society of America Bulletin, V87, pp. 935-953.
Shearer, J. T., 1983:
Diamond Drilling and Prospecting Report on the Hunter Group, 92H/5E + 6W.
Assessment Report #18,235, October 8, 1983, 12 pp.
1996:
Geological and Prospecting Report on the Eureka-Victoria Mine.
1998:
Summary Report on the Eureka-Victoria Mine, 16 pp.
Spencer, B. E., 1980a:
Report on the Eureka-Victoria Property for Vanstates Resources Ltd., September 2, 1980, 9pp.
1980b:
Progress Report on the Eureka-Victoria Property for Vanstates Resources Ltd., December 5, 1980, 8pp.
1981a:
Summary Report on the Eureka-Victoria Property, Private Report in the Vanstates Prospectus, dated February 5, 1981.
1981b:
Report on the Lucky Chance Mineral Claims for Vanstates Resources Ltd., May 25, 1981, 3pp.
1981c:
Report on the Eureka-Victoria Exploration Project for Vanstates Resources Ltd., June 9, 1981, 3pp.
1982a:
Progress Report on the Eureka-Victoria Property for Vanstates Resources Ltd., May 25, 1982, (Ore Reserve Calculation and Witteck Metallurgical Reports).
1982b:
Report on the Eureka-Victoria Property for Vanstates Resources Ltd., September 27, 1982, 10pp.
1982c:
Report on the Eureka-Victoria Property, Hope, B.C., Private Report for Vanstates Resources Ltd., dated September 27, 1982, 10 pp.
Yorston, R., 1990:
Assessment Report 20491 for Guinet Management, September 1990.
Appendix I
STATEMENT of COSTS
SILVER PEAK 1-4
Geological mapping in conjunction with Interfor road deactivation work done between Nov. 4, 2001 and June 4, 2001.
Wages and Benefits
J.T. Shearer, M.Sc., P.Geo., Quarry Supervisor 98-3550
Geological mapping, 4 days @ $350 $ 1,400.00
S. L. Shearer, Assistant
5 days @ $200 1,000.00
$ 2,400.00
GST 168.00
Subtotal Wages $ 2,568.00
Transportation
Truck Rental, Fully equipped 4x4
5 days @ 53.50 267.00
Hotel, Meals 199.70
Base Map 55.00
Report Preparation 700.00
Word Processing and Reproduction 238.00
Total $ 4,028.20
Appendix II
STATEMENT OF
QUALIFICATIONS
I,
JOHAN T. SHEARER, of 1817 Greenmount Avenue, in the City of Port Coquitlam, in
the Province of British Columbia, do hereby certify:
1.
I
am a graduate of the University of British Columbia (B.Sc., 1973) in Honours
Geology, and the University of London, Imperial College (M.Sc., 1977).
2.
I
have over 25 years experience in exploration for base and precious metals and
industrial mineral commodities in the Cordillera of Western North America with
such companies as McIntyre Mines Ltd., J.C. Stephen Explorations Ltd., Carolin Mines Ltd. and TRM Engineering Ltd.
3.
I
am a fellow in good standing of the Geological Association of Canada (Fellow
No. F439) and I am a member in good standing with the Association of
Professional Engineers and Geoscientists of British Columbia (Member No.
19,279).
4.
I
am an independent consulting geologist employed since December 1986 by Homegold
Resources Ltd. at #5-2330 Tyner St., Port Coquitlam, B.C.
5.
I
am the author of the present report entitled “Geological and Prospecting
Assessment Report on the Eureka-Victoria Mine, Silver Peak 1-4 Claims, Silver
Peak Area” dated July 15, 2001.
6.
I
have visited the property in June and August 1995, conducted physical
assessment work in 1996 and 1997 and recently did geological mapping between
November 4, 2000 and June 4, 2001. I am
familiar with the regional geology and geology of nearby properties. I have become familiar with the previous
work conducted on the Silver Peak by examining in detail the available reports,
plans and sections, and have discussed previous work with persons knowledgeable
of the area. I have worked in the
general area of Hope area extensively since 1981. I have worked on the adjacent Hope-Hunter Group (WP Gold Mine) in
1984 and examined the Silver Creek stock and Mount Barr intrusions.
7.
I
own 100% of the Silver Peak 1-4 and 100% of Homegold Resources Ltd.
Dated
at Port Coquitlam, British Columbia, this 15th day of July, 2001.
_______________________________________________
J.T. Shearer, M.Sc., F.G.A.C., P.Geo.