RPT ON PROP OF NORTHERN NUCLEAR MINES LTD BOUCK TWP
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Transcript of RPT ON PROP OF NORTHERN NUCLEAR MINES LTD BOUCK TWP
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The ;-:ic.2lc ______ ,~-____ 'w~_~_, __ ~ _________ •
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T<.:. ;~il(; :.ake a:-jd 5e:) fee:( to 700 feet thick at the L. ale :';~i8 corl'\cs~oncs to a s:;uthex11y increast.':: in thick-
;. t~ct !~("l" mile.
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!'::'::~iC~."',-"",;-~C, 90 to ':.10 fcc '-- 't~~ick, ccnsi,s'ts o:.~ d thi:1 L, ~~ .-. im{;s1.C~·~;';';~-;' und sil-:_~n.oncs. The li1ilC.stO~lc
". ,- th::"ck:-.t'~;s~, f~cal 2,/lC inch to 3 to L. incha~. i'be ~~ .... ,:L.S altc.c:·.d".:ing v,fi'tIl the limGstone are:. generally
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i()r~" .. ~tj('~~l ~";-~icL2;::: a :_h>:::1-~:;(.::,~ of ;;"'~,OUl 1,700 f~ct. In the 1,('·_,-- u-~"l':~':;, t:L0: t:~!~ ,:'r ).:~:;:'-ti0:il of ..!. ... EJl...: fOY'[;.'::d:_~on has Lccn
.r .. 'r.c l~)\·:,.-.<::-, i)~.} c co~~si~jt"-' 01.- bou.1.dcr :~-~:'0yw( .• c\e the mic(:lc ?ux-'t of pink ar"kose and 'the uPi)cr
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arkosic: (,uart:,ites are gp':~mi8h They 111:: at the top t,f the' GOl-lga:,da
i;rt:Elt'l)'l.'<;'too to b(l the LOI'r'ein?
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7~C~0 zr~~~tic bo~iLS consist of grey sranitct:itL L Li£)'i ~;:cC;. COl~:e~~1.: and. heVi: b8~n ili1:ruC:cd by lar~e
bocif;:,~:.- of red, potash-ric.h, '::"\t~di0active quartz rr,onzonite.
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di?s bC~~~2n 20° and 70° southw~r~s; the L!OO H) 450 Jnd the SQl:t.h l·ir:ib hdS dips that range from
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to the adjoininc:
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l::.lr~.:-~s 1..Lul. lO :,>.;:...Y' ;::,,::---:cd i,-i'::J::-';~ inc.~,uC:cG. the L:'.':': ~:.:..~cc-· :t.\,:n of :::": c..:c:. L;~:~-)lo::'c:... t '::'on unc. 2.11 u!lder-
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'- - ..:.:.,.:;.:."'l-;itt Gordon HiflCS LJ~(.!..) LY:~:-1
; .. ole gcophy~ics _&-t. FL or-cDody.
- SUrr:n7.cr ~,eciSOi1 - r~&"8.i toba l"lines) Lynn Lake: area, ~~cn1itoba ..
- su;;-,~·,c!, season - fot'
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NO SECL:RlTII'S COi\i\IISSIO:-\ Of{ SIi\lII.AR AL:TIIORII Y 1:-\ CA!\'/\()A 11/\', IN ANY WAY Pf\~SU) ll'O:\ nil: \lL1UIS 01' 'I ilL SLCURII !I:S OIHR!:I' l!;'REUNDER A ~J) A:"Y IUI'RI SLYI ,\T/O:-\ '10 'J I IE ('O:-\TIC\[{ Y IS i\1'; 01"1'1::-';('1::,
NOHTIIEHN NUCLEAH l\HNES LI~1JTEI)
OFFEH',G:
Tenth} k"'I" , 3G(, Bay Stl'.:~t TOI~O"'I () I, CA1-:,\[)A
U1-:[)LR\\'RITER
JOET }\,\,ESTMK\TS LJ\IlTED 12 Edge\alky Drih', Islington, Ontario
The lJlllk'n\ Iih'I \\ ill offer I R3,()75 sh;m:s. h'ing the balance in its trading account rc"dtjn~' fl"111 th,' l'Ufck"c of (,00,000 sharl's fmm the Comp~ny for u total of ~2(JO,()(l(L()O and it, tr;,ding in the shar(, ,luring the cnursc of OIaintnitlil1~' an ordl'!ly lllarhcL 'I h' L'ntkrwritl'r will aho ofFer thc following shan:, I\hidl it 1](1 1 ll-, ullL!::r optit'lI, if 5li1:h l1ptions ale exercised:
Nel Pro,('e,\; ,,> Number of Sh,,,',', Pnce pu Sh"re .. the ('omr",ny_
100,000 umkr opti(lll 501! $50,000.00 if cxercisl'd 100.0001111"':1 opli<ln 5Se $55,000.00 if cxc:rebc" 100,000 ullda ol'ti')11 60c $60,000.00 if rxercbcd 100.000 under uptiull 651' $65,000,00 if cXl'I'cbcd
There is no oblit~ation 1I1wn th~ Cnd,nHitcr tn ptlldla\l' any of the opliuncd shares and no assurance tkll it \\ ill do so. SECO~D:\HY OFFEB1~,G: 74,000 of the \ cndor ~1];J1\" i'''lI,'d fill' the \lollllluuth T,,\\ n'>hip cl,!ims will he offered for sale to the public tIll' .oc'h rl';,i,t(Tl'd ,Cl urity lkakp. at thl' mail.:"t price frolll tillle to tillle by James !\lartin Brady. J,·11!1 J",-l'I''' Rickr and I'ran!; ,\Ii,nn Cockhurn, The pl'l'c('eds therefrom \\ ill tint aceI'll, til 111,: 1;,'<1'1:1 Y (If til,' COillP,llIY, 1.000 of such \'cndnr sh,1rcs ha\ e bcen sold, thL' 1'1\I('ll'l" 1'1 "III II hkh did n' .• i accrul' tll the tn;,mlry, PUHl'OSE OF OFFI:HI:\(;: The pmpt}:-.c of th,' offl'l iillC i, to 1'1"0', ilk rUIH!, tl' mntillllc the finanL'ing of the exploration progrm11'. n latini' to Ih,' \;Il ipus rrl'lIpS of claims hdJ b) th, COl1lpany and ttl prl1\id.' the Compal1} \\illl \")rkil1~' Cll'j,,,1 ('('c' hc'adillg, "11151 OR)' A!,\D BUSI1-:L:SS" lIlllI "USE OF I'ROCT.I,IlS"1. The Ut~dl'l\\ritc'r \\ili (IlkI' thl' "rml\,dd ~h;lft:' f{lt sak through rCl:!i~lcl'l'd ~l"'llrity dcatcr~ who will a,'1 '" :\;'l'III' fill th': l'lIdcl'\\1 itl'r ,Illd will b, !,did CllIllIlli,'k,tl, not l'x(l'cdillg 25% of thl' ~l'Ililll.' 1'1 in' of ~\1,'h hal,\,
The l1ndl'l'Illitcr lit:.!: h~ ,,,id III 1l';dilC a ,'II'" I'l'llfit in ali amoullt rqual ttl tltl' diffCI'CIl,'C between Ih\' pric,' paid by it r,', ,ucll ~h"rl" and the- 1'1 i,·1.! at whkh 'lI,h ~h;:r," arc \,,11,; to the public:, During 1111.' 1':I't \i\ '1IllllHIh till.' l"jeT r;ll1r" {,f the ,haIl'S whkh II:Hkd on the' <"',I th,'. counter 111:1lh"1 r.Ii millin,' ,I;;lIl", in '/ (1),'11\" \\;i' ", foll"w,:
}ful1i1, -,fig!, .I,"'" MalTh !l5¢ ()7~ April 74~ 73t MIlY 80¢ 70~ Jooe W~ 7~ July 90¢ IS¢ to 13th AUl'lI\t 74~ 631[
TIlE SIJAIU',S (II' 1111 (OM!',\:"Y AI{I; SI'E{,ULA1WI: SI.Clmn lES. l<J<lIS I It,\R AND TRA:-'SH,R AC;E~'I
nm pnE~mm TIlt'ST COl\H>ANY 19 Rkh!1Hind !Itfuet \VCM, llilllntli, ('!\Iiodn
'I1'n; r",'l')<; OIl 'f1fTS )1HOSPJ!;C;TtJ3 IS UtI! Oc.1"QIUm, 1900.
TAJII ,I: 0)' {'O:\TJ,:\i '"
lilstlll) iilld Btl ,in,::, ,
MlllIllJtlul1 '!l'''\II:-,J.ip ( bIll!"
Ellillt Lak~' "\!I..a C!;Unl',
Herb I ;lLc !\illl~li~ 0,,, i:'~"l1 C!,iilll~
Plan of Di"lJ Ibuli. ':1
Use of PHk~'\:d:-,
C,tf,jta!i/dlj',lli
Pl'il;,ip;d SI!;lll'f:, ,:.1.:1::.
Dh'idl'lltb
Purl.'1,a,'I\ J{irL1 ~ll \\ilhd:a\\,d alld 1{('~,i,'i"11
Mallilf:c/Il':!1[
RClllunnali\'i1 d 1)1' '. d
rvbllar~'1l1l'nt ()pti( Ill'>
Prim 5;1! (,S
AlIllit,ll:.
Mall:';." ('\>n;"",:,
B.tlam:c S!J.,I
~(lll'S hi I lildlhi.d St,'klll.'Jlh
S(i.lI1.'lll~111 I1f I hI ili!
St£i1l'1Il,'1I( of I kf~'II .. 'd J 1-.ld Orllu ilJlI! t\dlllll1i~trilli')i1 l:xJIlI1"C
Slall'llll'll[ of Stili! ;1\1(\ ,,\pr1il-'.iltun of hllld"
Allditor~: Jh'IH 11 I
Stuh,'IHt'llt Dd~1 lI.'d nnd )('",'1"'''"''''',,11 El(l'cnditun:
2
4
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6
6
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7
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8
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9
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9
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10
11,12
13
13
13
14
14
15
, ..
IIlSTO(\Y A~D BUSI~ESS Northern Nuckar Mines I.imitcd (hl'rt'"il1afll'r call"tt "the ('OI11P<lI1\ ") \HI~ illc"r!,"'''f.,.1 IlIlIl"f th(.'
nallle Hemagllld Mines L.imitcu pursuant to Thc Cl!.ptllations All (Ontario) by I..:tt.:rs Pah:nt datcd 211<1 October, 1964. Its namc was changed tu Northern Nuclear Mines I.imited by SUPl'kIllCnl<1r), Lctters P,11Cllt dated 5th July, 1968. Its head office is 10th Floor. 366 Bay Street. Toronto, Ontario. By aCfcclllcnt uated 10th July, 1968, between the Company and Jamcs Martin BHluy, 1372 DC\(ln Road, Oakville, Ontario (hereinafter called "the Vendor"), the ,"entinf sold tu the Comp,my fiftecn (! 5) unpatenteu mining claims situate in Monmouth Tu\\n,hip. Ontario. The consideratiol1 \\as the allotment and i~sue to the Venuor of 750,000 fully paid anu nOIl-assessahle sharcs in thl' capital stock of thc C!lIl1pany, of which 75,000 shares were issued free of l'scrow anu 675.000 shares are lkl'o;it..:d in cscrow with the Registrar and Transfer Agent of Ihe Company ~lIbjcct to n:1..:a<;e thcrdrom pro rata tu the I.'artics entitled thereto only with the COP' ,:nt of the Ontario Sccuriti.;-; C(lllll1lis,ioll ,lI1d the Board of Dlrecturs of the Company. The claims v;.;rc staked by the V..:ndor at a co<;t of appn,lxim<llcly S I ,200.00, excluding compensation for his time.
The follo\~ing persons, othcr than the Vendor, arc cntitled to the following percenlage~ or the aforCIllcnti0neu 750.000 vcndor shnres: .1ohn Joscph Rickr, 12 Ftlgc\"alky Drhe, Islington, Ontario, the Vkc-Prcsidcnt, a llir..:etor and one of the Promoters of the Company, 45':,; Frank Alison Cockburn. 14C)4 Grcgwood Road, Purt Credit. Ontario, a dir..:ctor of th..: ('ol1lpany, lOt;;. Mr. Rider receh'ed his shares from Mr. Brady as a bonu~ for supplying finances to the Company (see heading "PLAN OF DIS'I RIBUTION"). Mr. Cockburn r..:ceived his shares as a finuer's f..:e for bringing together Messrs. Brady and Rider. The Vendor is the Presiuent, a director and a Promoter of the Company, and Mr. Rirler is thl' ViccPresident, a director and a Promoter of the Company. and also the controlling shareholder of the Undcmriter (sec heading "INTEREST OF l'v1ANAGE~IENT AND OTHERS IN MATERIAL TRANSACTIONS"),
:';il'llJ1louth TOWIIsbilJ Claims The fifteen (15) lInpat~ntcd claims referred tu abovc arc marc particularly UC5cribed as foIlO\~s:
EO-37i'<S8 to 1:0-37872, both inclusivc; rccorued with the Mining Recording Office for the Eastern Ontario Mining Di\ision at the Parliament Buildings, Toronto. Ontario,
The claims arc contiguous and located in the southwest section of Monmuuth Town~hip. They are approximately thirty (30) miles wcst of the Town of l3ancfl\ft and OIlC hllndrl'd and thirty-fiYc (135) miles by highway from Toronto. They enclose apprm.imatcly 750 acres, and are acccssible hy a partially ~ra\'ellcd access road fmm the Provincial Highway. There is no surface or tlllderground plant on the ~lail11s. Since aCl.!uisition of the claims in J lily, 1968, the Company has conducted a program of mapping. line cutting, stripping and trenching. geophysical and geological surveys, diamond drilling. and assaying at a cost of approximately $100,000.00.
The following is a ~ul11l11ary of the reports of S. W. ['·ans. P.rn)!., dated 15th July, 1968 and 1st AlI!:lJ~t, )Q69, whirh n'pOlt~ are n\ililablc for i!l'rcction in the public files of the Ontario SccurHic~ Commission.
The pHI!'elty is local..:d within what is rderred to as the Bancroft Uranium Arl'A of Ontario. The previous owncr~. during 1954 and 1956, cnndllt'l..:d a limited uranium c\ploration program by trenching and di<t1l1ond drilling a uranium occurrence pn elaim EO·37R71. The (l\\Il..:rs reportcu that a bulk sample faken over a length of 35 feet assu)cd 0.14<:1 {JaO,. Of the &ix drill holes that tested the main exposure mnnaJ,;cmcnt reported that ore grade material over mining ,~idlhs was intersected in three of the drill holes, The seventh urill hole tested another 7,Inc loenled under the o\'erburdcn about 100 ket northwest of the 111nilll1howing. The then management report..:d that thi~ hole intcr~ectcd six feet Assa~'iI\g 0.011~ U.OIl"
The major phase of the program conducted by the Cornpuny C()n~ists of 10,302 feet of diiln~. in r~rty.fi\le vertical drill holes in A-Zone OJlI1estonel nrCA. The mincrlllitcd sections In tl*lIncSll IU1d have heen traced down dip for 500 teel. The structul"C is open to tM
.. . .. ThUll: is Itt pre~lll nPPn:illim4l!.lfly a,ooo,OOO tOIll! of material will; 111\ II~
of 0,(1,15','" ll,:O,,(O,9 lb1" pf L"U,,), li<.:klllli!1cd fI''l11 {'''''III;'l\'" drill hok", illdil .. 'l .... d ab •. ''.'' the 200 (t!IJl \(lflical t:k'\dl!I.)Il. 1 IlL' Lldl\lJl1dnc ~urVL.: \\.lHl indll'dtC,", ~1t I ... 'd'" ~lIl adiJitio!ul 200 h:ct C~D th,,: dip of til,' strllctllll' II ill b.: futln.! (lil til \h',t ,ide of the pr(',~llt chill <I"',,, The abu,e mention .... d i\1 .... ragc grade was (krivcd from clielllical iliid r,,<lillllll'tric ddnmillatiulI"
A tell ton bulk ~aml'lc was talL'lI from all open cut eXGllillioll ill the A-Zonll and shipped to the plant of LJkdkld Research .)f (\lIlada LinJitcd for lIId;lllur~ical tl',till!'" i'rl'iimin<ll',' tests 1101\ c indicated that an excl'iknt LOIlC"lltrdlillii ra·ill (30 III 1) call k ()bl~incd by simple gra\ iti s.:paratir)tJ methods, 1 his test work is continuing, .
It is rl'COmIllCI1lkd that "n,ey ctlilliol he c,tabli,hcd in the A-Zonc arca to be follollcd by 5,O()() feet of di,lJllond drillitl~, I'lirnarily designed to k,t the \\C,tClil flank of the drilled area where exc"lknt radiometric rC'll1t~ wen: obtained, TI!l.' l'slil1lrlkd ":l.H of thi,; continuing pIl.lrram is as follows:
SurlL'\ Control $ 2,000,00 MClaliurgil'al 'J..::,[ing 5,000,00 Assaying 3,000,00 Labour 5,000,00 Diamond Drilling: 5,000 It. (<1 56,00 per fL 30,000,00 EnEincering 10,DOO,OO Vchick I,SOO,OO Mainlenan..:c: camp', etc, 4,000,00 Contingcncks ~~og~oo
$6G,OOO,00
lJlint Lake Area Claims By agreemcnt dated 3rd Octl,hcr, Il)(,t\, between the Company and James Martin Brady, 1372
Devon RUdel ,Oal;\"ilk. Cli:trnilJ (h'r,:in,,[tcr calkd "ilrady"), Brauy 11<.;signcd to thc Company all his ri2ht, title and inkrcst in and to an ,1Uh'jilcr1l dated :")~h :V1d\, I()(l':, veith I\1c:'.larmrlc Red Lake Gold r..lincs Limited, Sui te 1700, I I () Y onl~' Sli cd, 'I ur,'lllo, Ontar~() (hc-l cilldfkr cailed "r..IcMantHK") whereb\", in cllmiduation uf the 1'<I}llll'lll uf $3 f ),()('IUIU by Brady tl) :'>lc:V'larll1:rc, Brady \\<1, granted an upti(;n 10
enter upon and nphllc IS P,ilc'lllCd IlIli1ill~ claillls situ"rc in "1o\\Ilsllip 150 ill tile Sudbllly Millin" Vi li,ioll, Pmliner of On!;" io, mOle pallicularly desc'l ikd as fulltj\',;,: '"
S-68831; S-M';1\32: S-6SX39; S·hl'S~O; S-(if;f\~;':; S>688·r9: S,74022 tu S-7'1030, both inclusive;
S-74034: S-7,I036 ~uld S-7'1O,'7;
i1wn:illafltr calkd "the Claims")
In order tu exe!"ci;,e 'he ('ptloll Br<ldy, or hi,; A"i"'nce, w(luld:
(II) within ,ix 111!1lilhs of ISth .lui), It)(lg, COllllll<'I1lT thl~ (liilll!1~~ of the ntcnsion (l[ the I'r,''''l1t drill hole on til,' d,dlll" tu 1',1 '. 1>1c'lIt, ",tim:tkd tel be <I ,le-I'tl. of apPJ"t):>.illl,lldy 5,O()O rl'l.~t;
(b) \',i(hill tWe'II\.: months (If jf"h July, I')(,~;, c"lIIpktl' stich afoIl'IlIC'lIti"lIcd drilling;
(c) within forty·fhe .II)" of thl' Ctlll11'ktioll of SUl'i1 "fOI\'IIlUllitlllcd drilling, calise to bc' ineorrol.ltnl a Ilew cOlllpany lllllkl The (\'li'''; ;;liolls t\q "f ()nl111 io (hCll'i!IClftcr calkd "the New COTllpany"), 1\ It), an ntltlw'j"'li l'apitall,f ,1,(,OD,PUn 1,11:11., "f the pill \,due (1f ~'I,()() ";Icil and ,<lUSt' the Nl~\', CUlllpilny to HCCIl/ill' th CllIiIw fill tlie IiliI',iilllllll l1l!mbCI ,r ,hares in t!Ie- i'\cw ('OIIlI'<I!lY I~rlllitt,d hy th~ OrHnrio S, ,,'iti,o~ CO!1lnli inn and 'lI\h o(h.:1 r",;1I1,;I<>I), body hr.,ing jllli;.dkli"11 in the' maltd, of whkh Sh!:lf(,S ~k~\ttlIl!ll, \"",1(\ h: aliolt.'! ,llltl i~~lIl't1 :'~'; thercllf alld Brady, I'I' his Ass\),ull.'C\
be "HOHed lind i\~lIl't1 "J,~', thetcoL '1111' New Co til I '''11) wuulel al\j' rcimhw,,' Ilrlldy, 01 hi, m~{l:',k~tlrrll;H' in ill,11L' or th", N"I', ('ornplli1) fI.'<' of t',(fO\\, :11 Ill(' l<lIc' ot (\nt' 'hme
11', . .' ',I"."nt .1'1) ", (',It:~p,.'yrh,h 'n Ih,' drilll!l,' imd ("I'I1'I"I;I'n (lr IhL' (.:I;IiI1)~p\ln'\LII1: "'l.he !1:"'.1m;;n!, H:. tli' f;;II~1 iI;'j(',lllCI1t !v!,\l:lillw,,; n;p'\"d In pny :?:>', {,r the l',,,,! of Ih~
7
afurcmcntiol1cd drilling .lI1d all) other rdilh.:d additional drilling or c:\ploratiull wurk to (",lim" \\ itll it" prior \Hith:tl cOllsenl to the ('xkllt of such ('onsent
rhe (1'lb!l.kratiol1 fnr the fl"';iglll1h'llI I .• f the l\!c\1arm:lc npii('ll III the pa~, IIKllt by the COlllpany of Ill!.: StUll Ill' SJO,OUOon to !Lildy. which wal) the ;\h:\ L'llllac to !',lcurc the uption. r<u l'IlC is el1titkd It) r~'cCI\(: ;111)' pillt of til\: Ilt ;1.1) fl0111 the (\JI1lpany.
Btaly is the Prcsitkllt, a DirechH and IIIW of the Pll,m'lters of tlte Company.
Tile sil.'t1;tturies h<:ret() arc ,11.1\ r.....:d 111,\t no 1.ln..: has /lit)!,.: thal1 a 5~+ itltt:rc,>, in l\1cMarmac ',,,TUClll:<lli:·:·
a j'llblic cur~lpany. The fulll)\\ing h a Slll~~Il1ary Ilf the rcr,'rt \If Chcskr J Klllyliw. B.5e. l\f.Sc.. dalet! JOth S~()t(mlbir~
I !)(,x. \\ huse full repllrt j" ;n aBabh.: fl'r in:o.l'L'ctinll i!l til.: !,lIb!i;.; file or the Ontario Sccwltics C(\lnmj:;l:g'_~~;iS The pIPPl!rt)' is 10l.:atcd in a <;jllgk gillup ill Ttn\ nship 1."0 in th,c Ellil't Lake District of OllUI~'~fS}\\.;
abl,lut (lllo: and nn;.;-half miks we'l of Hirh\\ ay 109 at DUlllnp Lak.:, The pmpcrty adjoins to the mille prppl'ny of Dcni..,ol1 Mines Limited and to the south tile Quirke mine properly of Rio fo..lillcs Limited.
The property is fanlllrably IOI.:atcd \\ ililin the Fllil'l Lake QlIirke SynL'iinc. where it lies over trace of the ;lxis and over the Jecpc~1 P')rtit'fl uf th: ~~ I1clinl', Both the Denbon and Quirke ~tincs pnlthlo.:.:d uranium lrom orl'S in cPl1ghl llh.:rako., al (If ncar the ha';c of Mlssissagi rocks.
In 1957 a \ 1.:1 Ikal drill hole, ~I·I.!" III died tn l\1 ... \1nl'l11:\c Gold Mint.'s Limited to a UClnl1l<~iJ;; .1,.t:-\6 fc.:t nn the pr')perty. It W;h '.tnl'l'l'.: al k;l..,t J .:'(l(l [cl't "hon of Ihc estimated depth to the ,,,""., .... ,,,..tlie Mi,~"i""agi wds \\h(:rc Ilranif,:rll!I" lYI1!,'IIlDl\:rate Illay occur.
It is recPlllllKlllkd Ihat diamond drill hdl: ;\( I l'l: dccp,-'nnl tn inh:rsccl the hns~' of the Mi:5Sis~.: Iud,,, h) "'plurc fllr uLHlifelOUI., 1.:I'I1;!!'\I!ll'r:Jtl'. ,\n L~tilll;ll(d tlJtal depth of 5,000 to 5,500 feet h.~ ","1 u ired.
h'Jlcmin,!; the n:col11l11endaliolls III \tr KlIlyliw til": "Id hole \\\lS ckant.:d out 10 a depth of ;;(1(j CPr": drilling st;llted 7th Del~cl1lber. I (l(li\, and rClIched 11 dcpth d 4.275 rect un 9th February, 1 ka', Y Ct\ <..'il1 fr\1i!l a fault at 4,2·l7 fed rcqllin:d \.:l'l1ll'nllllg. I'IH.' l'~'ll1cnting was drilled out and rile d':~I'I)"JH:d III 4.2~9 fecI. Ccmcntillg \\ as tI!;;lill I equirl'd due to ca\ rin from the same rault. \~'llh:nlil1g the bo!tum of the "-Iring (If r!'lIs wcre (Cllh.'lltcd ill <;plidly abllut ~OO fcc! aborc the ILl.' h'11(', Wnll .. cOlltinllL'd unlil 2·11h ~1ardl. 19(,9. wilcll all thl: 1'I)lls "we n:-co\l'red, CXCl.:pt
ll!~:il WL're slill'lJlidly in Ct.:IIll'llt from ].oln f~~.:t 10 3.417 fL'ct. .'\11 agreement was n.:ached 1"~${""",_ C()!11J';illY ;1l1d the driller \\herch)' Ihe drilkr rcallle(l Ihe AX I.liameter drill hole to BX size top ()f the cement rmls after \\ hich BX ~il': t.:asil1!! was drilled around the cement rods to II 3.,1:'0 feet. rill' this P?t.:I.I\Cry work the Comp;my p:tid $:'.62500 and the driller paid the bolance. at ~ \ 7.()OO flO. The ('Ctlll'llt was drilkd out and core drilling 'i(;lI'lcd anew at 4.289 feet on 11)(.9. Tile hilk j" flU\\;' IlIO£rl".,~ing ~;ltl ... rnct()rily and it i~ c'peclcd 10 reach the base of the ,ncb \\ heTe liranifo:rous l~on:~lnlJh:latc may 1Il'l:lJr at 5,500 to ~,600 fcc'!. The greater nnHc~~tc(
during Ihe fhc l11ol1lh j'erilld have in..:rea<cd the proj.:ctl."d total e()st~ c the lotal Ilf $65J)(JOOO oril;'inally estimated,
By ,I I;'H,'('III L'nt dated 71h July, IW,f), bct\\\.'<:n the Comp,IIlY ;llld McMnrnult: :fJth ~1li). 19M~, wa., i11lll'mkd to 1'1\\\ kit:- <1\ f,,!lnws:
(h)
rll ... tim~~ f"E '111llpICllt'll I\f the h\lle wa"l.'xlclHkd 10 11':(h JunulEY, 1970;
\h:MafllliH; <"hall b,,:ar 25l)~ uf the Cll .. ls of drilling lip to and tn(:H1l1lrIQ
Ihe Cumpany shall hellr Ihc t'l1lirc ,'osf of drillh'~ sllh',cqtlcnl h.l tn II:~'O' ~lil'h CUll!. if a New (\'111pany is ifH'f'lrClrHtcd tn of 111<.,' Nt.::w Company at th" rnh' (jf 2~¢ Pl;'f <;Iuue;
,Imll he l'IHi1lcd to 1;1 or Ihe \cltdur i""llcd hy
15! (M.-1220)
70M 69M
, , , ,
~_ 138671
: s
Twp. 149 ( -1218 )
6'7 M
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FD REf- 1(; FIEL\; NCTES S-'''--=--rOF S 67263
THE TO\NNSHIP OF
150 DISTRICT OF
ALGOMA
SUDBURY MINING DIVISION
SCALE: l-II\lCH==40 CHAINS
LEGEND
PIl.TENY!W lAND CROWN LAII!) SiI.l..E
LEIISES
LOC"'TEIJ LAND Li CEHSE OF OCCUPATION MINING RIGHTS ONLY SURFACE RIGHTS ONLY ROADS IMPROVED ROADS KING'S HIGHWAYS
RAILWAYS !'OWER LINES MARSH OR MUSKEG MINES CANCELLED
NOTFS 400' Surface Rights Reservation around aU. ·LokK and Rivers.
® C.s. © Loc. LO.
M.R.Il. 5.1'.0.
--- - - _._. -- - -------Sand a. Grovel on ali unpatented mining c!Glms In this Twpo, reserved to the Crown.
----Area marked thus:rr;;HiTi7J7 reserved to privat Quarry operators S.Dept. of Highways. Files: 115209,151655, 36279" a.102:~24 ---_.- - -----. --H.E.P.C. Transmission Line from Blind RiverTS. to Algom Umnium Mjne through Township 150.
File' 94896.
This Township lies within ·"It·he !mprovem.'H~t
District v7 El!iot Lake. -----~.
1-_"""_ ............... __ .... ~WJl:~~...,..i;;!'.~ ____ .1
PLAN No.-M.1219
I DEPARTf'l!ENT OF MINES
- ONTARIO--________________________ ~~~ ________ ~ ____ am __ nM'_.~ , ____ ~ __ ~
EeUCK- CJC)4-1
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S8 133
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