Malborne Uranium Property, ON
Optioned agreement to acquire one uranium property in Western Ontario consisting of 10 claims. 

Whitemud River,  O’Malley, Rope Lake Lithium Properties, ON
Option agreement to acquire a 100 percent interest in three lithium properties in Western Ontario.

The Whitemud River lithium prospect consists of 111 claims and is approximately 200 kilometres east of Red Lake and approximately 125 kilometres northeast of Sioux Lookout. The property is geologically located approximately 8 kilometres south of the border between the Uchi domain and the English River Basin. Numerous lithium discoveries have been delineated along the same fault system in the area.

The Geological Survey of Ontario (OGS) in 2000 (OGS Open File Report 6092) completed soil and lake bottom sediment geochemical survey in the area. The results contained an anomalous suite of trace elements that normally indicate the presence of evolved granite and pegmatite source rock for lithium.

The Whitemud River area also returned some of the highest values of lithium with values ranging from 22.2 to 46.6 ppm. The area is underlain by tonalitic to granodioritic rocks of the Bluffy Lake batholith. 

The O’Malley property also optioned by Record consists of 36 claims down-trend from the Swole lithium occurrence, acquired by Green Technology Metals Ltd., Perth, Australia. O’Malley is located south of Junior Lake on the Tashota greenstone belt.

The O’Malley property is highly covered with overburden. A series of faults and lineaments associated with the presence of pegmatites on a neighbouring property appear to extend on to the O’Malley property.  This observation, however, is not necessarily indicative of mineralization.

The O’Malley property is easily accessible by forest roads. This property is six kilometres along strike of bedrock geology that is consistent with other pegmatite occurrences in the region. These pegmatites are hosted in mafic metavolcanic and metasedimentary units. The closest being the Swole Lake lithium occurrence. 

Berland Resources (press release November 8, 2001) considered the nearby Swole Lake Li-bearing pegmatites as an extension of the Crescent Lake pegmatite field located 10 kilometres west of Swole Lake. The Rope Lake lithium prospect containing 72 claim cells is located approximately 165 km northeast of Thunder Bay.

Doran-South Lithium Property, ON

  • Doran-South Lithium property consists of approximately 1,820 hectares. This is in addition to the company’s first lithium property acquisition: the Doran Lithium property, which consists of 3,474 hectares in close proximity to the English River-Uchi Terrane boundary and adjacent to a second order faults. 
  • The presence of these structural and tectonic elements is significant since to date most significant lithium discoveries occur adjacent to terrane boundaries and second order fault structures.
  • The property abuts the south west corner of the Doran Lithium Property. Doran-South and Doran are located 60 kilometres east of Green Technology Metals Inc.’s Root Lake Lithium Project which is at an advanced stage of exploration. The Doran Lithium Property sits along the same terrane boundary fault structure as the Root Lake Lithium discovery.
  • Granite intrusives with a fertile geochemistry were observed by the Ontario Geological Survey (OGS) adjacent to the boundary fault neighbouring the Doran property. These intrusives are often associated with lithium-bearing pegmatite.
  • The area surrounding the Doran-South and the Doran Lithium properties was explored by the OGS for its potential to host significant lithium deposits. 
  • As with the Doran property at Doran-South, the OGS discovered elevated levels of lithium oxide in lake-bottom sediment samples. The OGS considered this a positive criterion for the presence of lithium mineralization in the area. 
  • Satellite photo images of Doran property show both white linear and irregular spotted clusters of outcrops which may be interpreted as pegmatite intrusions, a potential host rock for lithium mineralization.

GOLD PROPERTIES, ONTARIO:

Grenfell Gold Property, Kirkland Lake, ON
Joint Venture partnership with Pelangio Exploration Inc.

  • The property hosts five distinct gold bearing zones. These zones in order of importance are the No.1 Vein, Sirola Vein, No. 6 Vein, Shea Vein and Shaft Vein.
  • 21.7 tons at 0.456 oz per ton gold and 177 tons at 0.70 oz per ton gold, respectively, from two separate bulk samples from the Sirola Vein (surface pit) and No.1 Vein (60-foot level).
  • 0.2 oz per ton gold across a 3-foot width for 180 feet of strike length assayed from the No.1 Vein was channel sampled along the drift on the 250-foot level.
  • 0.13 oz per ton gold over 10 feet, 2.22 oz per ton gold over 3 feet. and 0.25 oz/ton gold over 5 feet from the The No.6 vein’s three drill holes.
  • 0.41 oz per ton gold over 3 feet from a historical drill hole on the Shea Vein.
  • 0.24 oz per ton gold over the 60-foot interval from the Shaft Vein, entered at 90-foot level and exited at the 150-level.

Location and History

Located in Grenfell Township approximately 10 km northwest of the Town of Kirkland Lake, Ontario. 

Comprised of a series of contiguous mining leases and mining claims covering about 6.7 km2. 

The majority of work on the property took place in the 1930’s to early 1940’s when bulk sampling of some high-grade gold veins occurred in conjunction with diamond drilling, shaft sinking and substantial lateral development on two underground levels. 

  • With renewed interest in the property a series of surface exploration programs were conducted from the early 1980’s to about 2013. More recent exploration work and re-evaluation of historical work has resulted in new zones of gold mineralization and recommendations for further exploration on known historical zones from the 1930-1940 era. 
  • Gold mineralization was first discovered on the property in the early 1920’s. From the early 1930’s to about 1941, a series of major exploration campaigns were conducted; this work included 265 feet of shaft sinking, over 2000 feet of underground development on two levels, and a bulk sampling program to evaluate two of the vein systems. 
  • Exploration efforts ceased on the property during World War II. In 1985, a geological report was completed on the property by John Londry, P.Eng. (J. Londry, P.Eng., “Report on the John Sirola Property, Grenfell Township, 1985”).

Four Nations Gold Property, Kirkland Lake, ON
Option agreement to acquire 100% interest in the Four Nations gold property:

• Five claim blocks comprising 5.2 square kilometres in the Grenfell Township located approximately 8.5 kilometres due west
from the Macassa Mine near Kirkland Lake, Ontario.

• The claims, known as the “Four Nations-Grenfell” property, host multiple gold occurrences according to historical work files
submitted to the Ontario Government. 

• There has also been drilling conducted on the property that intersected gold mineralization.

• 3,274 grams per tonne (95.5 oz/t) and 166 grams per tonne (4.84 oz/t) across narrow veins, assayed from from two shafts
on a mineralized outcrop taken in 1920 by Grenfell Kirkland Gold Mines Ltd.

• 107 grams per tonne (3.11 oz/t) and 101 grams per tonne (2.96 oz/t), from two three-ton bulk samples taken in 1920.

• 3.5 grams  per tonne over 1.07 metres (0.10  oz/t over 3.5 feet) assayed from four short-holes iIn 1959, by Hecmac
Syndicate, an exploration group.

• 1.7 grams per tonne (0.05 oz/t) to 16.4 grams per tonne (0.48 oz/t) were assayed  from trenching in 1960 by another group.

Kenogami East Gold Property, Kirkland Lake, ON

  • 100% owned property, consisting of eleven claim cells known as Kenogami East, in the Kirkland Lake Mining Camp, Ontario.
  • Located at the eastern margin of the company’s Grenfell-Four Nations gold property and 8.5 kilometres west of Agnico Eagle’s Macassa Mine. Kenogami East is adjacent to and in some cases overlaps the company’s Grenfell-Four-Nations property.
  • Kenogami East and our Grenfell-Four-Nations properties are situated in an area that is highly prospective for significant gold mineralization. There exists widespread occurrences of gold-bearing zones with good grades and widths coupled with the occasional high-grade lodes.
  • Gold mineralization closely resembles the gold mineralization on which gold mines were built in the Larder-Victoria Lake and Val d’Or mining camps. 
  • Identified gold showings in the area have rarely been drilled deeper than 150 metres vertically. It is theorized that better results exist below 150 metres.
  • Exploration activities started in 1917 and identified a gold- bearing zone with an average width of 2.5 metres and 91 metre strike length. Reported assays averaged 7.55 grams per tonne in quartz and quartz-pyrite veins. A shaft was sunk to 7.6 metres to mine the vein. No records from this mining activity are available.
  • During 1927 to 1928, the shaft was deepened to 164 metres and included production drifts at the two upper levels (the 25 level and 125 level) and exploration drifts at the lower three drifts (the 250 level, 375 level and 500 level drifts).
  • During 1933 to 1934, surface mapping, stripping and trenching along with the development of additional underground exploration drifts and drilling were undertaken to trace the extensions of the veining system.
  • During 1963 to 1965, 12 drill holes for a total of 2,026 metres were completed on the property to test the down-dip extension of the surface veins. 
  • Most of the 1960’s drill holes were not correctly located relative to the sampled trenches. More importantly, it was discovered that the east-northeast trending veins were not vertical as previously inferred from surface data but dipped 70-80 degrees to the south. As a consequence, these drill holes stopped short and did not intersect nor test the gold-bearing veins exposed in trenches at the surface.
  • The gold-bearing vein zone underlying the property consists of several sub-parallel lenticular grey quartz and less commonly quartz-carbonate veins. These mineralized zones contain assay values averaging 7.5 to 8.6 grams per tonne over widths averaging 2.5 metres. 
  • As reported by P.T. George (1986), veins discovered to date, contained “significant gold mineralization” averaging 7.6 grams per tonne over average width of 2.5 metres” and it “would be feasible to mine economically” if a “sufficient tonnage of material” were to be established.  
  • Drilling in 2014, confirmed the that results of earlier campaigns with grades up to various 18.80 grams per tonne.

Amikougami + Otto Gold Exploration Properties, Kirkland Lake, ON:

16 patented claims including 5 mining licences of occupied claims. Amikougami block consists of 7 full and 6 partial patented claims (144 hectares) and the Otto block, which consists of 3 full new claims (48.56 hectares). Combined total for both properties is 192.56 hectares.

Amikougami Gold Exploration Property:

• The Amikougami property lies 4,000 metres north of the Agnico Eagle’s Macassar Mine (2.4 million grams per tonne)

• Deformation zone appears sub-parallel to Kirkland 04-Main Break and associated complex array of secondary splay faults and fracture systems.

• The majority of gold deposits in the Kirkland Lake Gold Camp occur adjacent to the Kirkland 04-Main Break.

• Detailed structural analysis of properties adjacent to Amikougami indicate characteristic structural elements found in the Kirkland 04-Main Break with a southward verging more steeply dipping splay fault of the crustal Kirkland Larder Lake Deformation Zone.

• This may have controlled the evolution of brittle-ductile deformation process and the localization of hydrothermal gold-bearing fluid flow during the evolution of the fault zone creating a possible hosting for economic gold deposits.

• Extended westward, this zone would cross into the Amikougami property, becoming the focus of future exploration activity.

Otto Gold Exploration Property:

• Gold was discovered In 1906 on the north shore of Otto Lake, sparking original gold rush into the Kirkland Lake Gold camp.   

• Record Gold’s Otto property is located approximately 2.4 kilometres southwest from the discovery location on Otto Lake and
0.6 kilometres from the west margin of Vigrass Lake.

• Three mines were subsequently developed in the vicinity of the original discovery, located 3.5 kilometres southwest from
Agnico Eagle’s Macassa Mine.

• The original discoveries occurred south of the major crustal deformation zone called the Cadillac-Larder Lake Break, which
occurs less than 1 kilometres north of the Otto property.  

• A lesser defined regional fault called the South Break, also associated with carbonate — and with highly deformed, altered,
ultramafic pods — occurs less than 0.4 kilometres north from the property.

• Geological mapping and related geophysical studies in the adjacent properties have located shear zone-bearing quartz veins
and breccia that occasionally carry gold values.   

• These structures generally trend in an east-west direction and could possibly extend onto the Otto property.