Geneva Lake Gold Property

The Geneva Lake gold property consists of 3 claim units (120 acres) located in Hess and Montcrieff Townships, Sudbury Mining Division. It is situated approximately 3 km north of the town of Cartier and 40 km north of the city of Sudbury, Ontario. Access to the property is via the Geneva Lake road which runs north-south through the block. Also, the main CPR rail line runs along this road through the property.

The main area of interest on this property is the massive sulphide clasts found within the Gowganda Formation Conglomerates. The clasts discovered thus far range in size from 2.5 centimetres to 30 centimetres in diameter. Geological mapping and reports carried out over the area by the OGS fail to make any mention of these. These features were first discovered by the previous claim holders in 1987 and the massive sulphides were sampled for gold. These samples returned consistently anomalous to up to 6.8 g/t gold values.

The massive sulphide clasts appear to be occurring along or near the southern contact of the Gowganda Formation where it meets the Serpant Formation. This contact strikes generally north-northeast through the block. The subject area has seen relatively little attention and the question as to the source of the clasts must be asked.

The property covers the main discovery area. To the northeast, the geological contact that is of interest appears to extend under Geneva Lake.

Historically the Geneva Lake property has received little or no attention as far as gold exploration is concerned. The sulphide clasts discovered in 1987 have returned gold values of up to 6.8 g/t and remain for the most part unexplored. The gold content of the clasts combined with the host rocks suggests potential for a larger scale exploration target. The company has located a number of sulphide clasts and collected samples in order to confirm the gold content.

In June of 2015, MPH Ventures conducted a sampling program on a gold occurrence hosted within a sedimentary formation. Four grab samples were collected from the showing which consisted of clasts of massive sulphides within a conglomerate unit. Assay results indicated appreciable gold contents of 15.9 g/t Au, 10.4 g/t Au, 5.3 g/t Au, and 4.7 g/t Au from the four samples. The high gold content represented by these results suggests immediate exploration potential within the conglomerate unit on the property. A larger regional exploration program exploring for the bedrock source of the sulphide clasts is planned.

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