Heron Bay

Property Description

The Heron Bay Property consist of 73 claims of the favorable Hemlo-Heron Bay shear with Porphyry Zones on the property and a Gold occurrence of 2.25 g/t Au in intermediate to felsic pyroclastic rock. The Heron Bay property is located 27 kilometers west of the Hemlo Gold Mines, west/northwest of Metal Corp. and south of Marathon PGM Corp. The Heron Bay property ties on to Teck Cominco's property and Barrick Gold property in the PIC Twp. claim map G-0630, in the Thunder Bay Mining Division. (See claim location maps below).

The property comprised of unpatented claims: 1208950,1208951,1216786,1231874,1232949,1246786,1246788, 4209031, 4208646, 4208647.

The property lies in the gold structure of Heron Bay.

The important gold zones found to date are in the Felsic volcanics near the contact with metasediments on the Teck Cominco Limited property (The Stenlund property).

Geology
The Hemlo gold deposit originally contained at least 80 million tonnes at an average grade of 7.7 g/t. The Williams Mine is located at the western end of the Hemlo deposit, the David Bell Mine at the eastern end and Newmont’s Golden Giant Mine in the central position.The Hemlo deposit lies on the south side of the east-west trending Hemlo-Heron Bay Greenstone Belt of Archean volcanic and metasedimentary rocks in a major ductile dextral shear zone. In the vicinity of the Williams and David Bell mines the supracrustal rocks are divided into the Playter Harbour Group (mafic volcanic rocks) and the Heron Bay Group (felsic volcanics and metasediments). The Heron Bay Group dips to the north, structurally overlies the Playter Harbour Group, and contains all the economic gold deposits found to date at Hemlo. The ore is generally associated with the Moose Lake Porphyry (MLP) and is characterized by intense silicification and the presence of gold, molybdenum, arsenic, antimony, mercury, vanadium and barite.