S2F09SW83H 63.3,92 TABOR L AKE TABOR LAKE GOLD MINES, LIMITED

Transcription

1 S2F09SW83H 63.3,92 TABOR L AKE ' May,195 6 TABOR LAKE GOLD MINES, LIMITED Tabor Lake Gold Mines, Limited, incorporated in 1942, (- holds claims SV 253 (K.912), the west half of SV 267 (K.3375), and SV 263 (K.3377). Previously the property belonged to Clark Gold Mines, Limited, incorporated in 1934* Clark Gold Mines, Limited, in the years , carried out the following underground work. An old inclined (75 ) shaft was slashed to vertical and timbered to a depth of 230 feet, and levels established at 63, 125, and 250 feet deep. Drifting amounted to 32 feet on the first (63-foot) level, and 134 feet of drifting and 134 feet of crosscutting on the second (125-foot) level. In 1935, 37 tons of ore was 2 milled for the production of 35 ozs. of.gold, valued at 1,243.00, Diamond-drill exploration in 1936 amounted to 540 feet, in 1937, to 15 holes totalling 4,500 feet, and in 1933 to 6 holes totalling 2,315 feet. Ont. Dept. Mines, Vol. XLV, 1936, pt. 1, p. 92. Ont. Dept. Mines, Vol. XLVI, 1937, pt. 1, p Ont. Dept. Mines, Vol. XLVII, 1933, pt. 1, p ) Ont. Dept. Mines, Vol.XLV, 1936, pt. 1, p. 11. o-s //. w- > sj<i, ft,. C.

2 SeFe>9SW TABOR LAKE {7)?>(7) TABOR LAKE MINES. Summary of Results of Examination* Two days wore spent examining this property with most of the time on checking diamond drill core. This core is in very poor shape, many of the boxes are missing from the earlier holes, having been dumped to accoriodate later core and all of the core fron the important holes Nos. 16 and 17 has been sent to either Montreal or Toronto and is not available. Much of the core has been split for sampling but in several im portant vein sections the core is missing so that no check is possible. Samples were taken from several places where values were reported but we v/ere unable to get more trace from our assays* It is unfortunate that all of the samples that gave high assays in the original drilling are missing and cannot be checked. On examination of what could be seen of the surface exposures showed on East-V/est striking shear zone along the North contact of a porphyry dyke with subsidiary quartz filled fractures branching off to the South West into the porphyry. The veins are narrow, about 10", and very poorly mineralized. They give the appearance of being lenticular and erratically distri buted, points which are substantiated by the diamond drilling. They are raoreoever the type of veins in which any gold would be extremely erratic in distribution. It is impossible to accurately determine the possibilities of the property without extensive surface work together v/ith an accurate check on the original diamond drill results. Inasmuch as most of these original results have apparently been lost and do not figure in any of the promotion literature of the Company it is a reasonable assumption that they were poor. If this is so the veins and values both lack continuity and the property does not Justify further work. It should be noted that this Is condemning.the property by inference and may not be justified..however, unless the owners can produce some definite evidence of vein and value continuity the rather considerable expense of a detailed examina tion is not warranted. 6/21/43 GLH/SD 0. L. Holbrooke.

3 52F09SW TABOR LAKE 030 nfi (NO PERSONAL LIABILITY) Incorporated 1942 ;j«i-<.** - v ' ' ''^ir -' A yy ^>> Head Frame, Hoist House and Power Plant on Company's Property, Dyment Ontario 9\ Prospectus and Descriptive Literature based on Engineering Reports, Mint Returns, Assays and other documentary evidence.

4 GUI!) mm, NO PERSONAL LIABILITY ORGANIZED UNDER THE COMPANIES' ACT OF THE PROVINCE OF ONTARIO ON THE 13th DAY OF JULY, CAPITALIZATION Total authorized capitalization 3,000,000 shares of the par value of $1.00 each divided into: AUTHORIZED PREFERENCE, PROFIT PARTICIPATING, COUPON SHARES... 2,000,000 shares ISSUED in part payment of property and its development to date, equipment, machinery, buildings and all other movable assets more particularly described in this Prospectus, all free and clear of debts of any kind or description ,000 " UNISSUED PREFERENCE, PROFIT PARTICIPATING, COUPON SHARES.. ' The holders of the preference shares are entitled to receive' and the Company shall pay thereon, from time to time, out of the moneys of the Company available from net earnings and/or surplus properly applicable to the pay ment of dividends, divers sums of preferential dividends totaling sixty cents (60#) per share, together with additional preferential dividends on each share equal to five per cent (5%) interest on the face value of each of the twelve coupons attached to the certificate, from the date of the issue of the certificate to the date of each preferential dividend declaration. Each coupon shall have a face value of five cents (5<<) per share, multiplied by the number of shares stated on the certificate. These dividends shall be paid in preference to and with priority over any payment of dividends upon the common shares of this Company until such time as the holders thereof shall have received all of these preferential payments. Thereafter, the preference shares shall ipso facto or automatically become common snares and shall continue to participate rateably, share for share, with the common shares in dividends. The preference shares have the same voting rights as the common shares. In the event, however, of any balance of preferential dividends remaining due on these coupons at the end of three years after commencement of production, the preference shareholders, by majority of face value of out standing preference shares, may demand and exercise exclusive voting powers for the election of directors until such a time as all the preferen tial and additional preferential dividends above stated shall have been declared and paid. 1,500,000 shares AUTHORIZED COMMON SHARES... 1,000,000 shares All additionally issued in full payment of property and its develop ment, machinery, equipment, buildings and all other movable assets, as more particularly described in this Prospectus. The holders of the common shares shall be entitled to and shall receive, as and when declared by the Board of Directors, dividends on each paid-up common share held by them, but only after the holders of the preference shares shall have been paid all the preferential dividends due them. There after, the common and preferred shares shall equally participate in all dividends.

5 Officers and Directors of Tabor Lake Gold Mines, Limited OFFERING OF THE PREFERENCE, PROFIT PARTICIPATING, COUPON SHARES AT 60 CENTS PER SHARE Vice-President CAPT. JAMES D. MONTGOMERY Traffic Manager, Paterson Steamships Ltd. Port Colborne, Ont. Director RENE CHENEVERT, K.C. Barrister Montreal, Que. President HAROLD F. MILLS General Superintendent, Dominion Textile Company Montreal, Que. Sec-Treas. E. M. MCLEAN E. M. McLean & Company, limited Montreal, Que. Director DR. EVAN D. LEWIS Osteopathic Physician Montreal, Que. The net returns from this offering will be used for corporate require ments, such as taxes, maintenance, etc., and the balance conserved for property development to the stage of production with a con templated initial mill installation of 200 tons per day capacity. In this manner maximum economic development of the properties will be achieved. Director PERCY W. TURNER Merchant Chartottetown. P.E.I. Director R. RUSSELL CLARK Geologist Rochester, N.Y. No person is permitted to make representations other than are contained herein. Head Office 1116 Federal Bid*. Toronto. Ont. Transfer Agent and Registrar CHARTERED TRUST AND EXECUTOR COMPANY Montreal, Que. Auditor G. WHITTAKER Montreal, Que. Executive Offices 276 St. James Street W. Montreal. Que. STATUTORY INFORMATION In addition to the information contained in this prospectus the following details of the company's status are submitted: Seven shares of this Company's common stock were sold for cash to qualify its organization. The net proceeds from this sale were at the rate of $1.00 per share. The company has no under writers of its securities nor has it outstanding any options on its shares, the company acting as the direct and sole seller of its Preference shares. No salaries are being paid to the officers or directors at the present time, excepting to the Secretary who deyotes'all time necessary to the affairs of the company. The preliminary expenses of incorporation and organization are estimated to be $3, The company is permitted to pay a sales commission of not exceeding 25%. The net proceeds from the sale of the company's shares will be used for the purposes previously stated in this prospectus.. A copy of the Statutory Prospectus may be obtained from the Provincial Secretary of Ontario or may -be seen at the office of the Company. :

6 UBOR LIKE GOLD HUES, LIMITED Based on Engineering Reports, Mint Returns, Assays and other documentary evidences hereto attached, the Directors submit the following facts for the reader's consideration: GEOLOGY The rock formations on the properties of Tabor Lake Gold Mines, Limited are Keewatin Greenstones, forming contacts with Algoman Porphyry intrusions the rocks with richest gold deposition in Northern Canada. The gold deposits on this property bear a close relationship to the Algoman Porphyry intrusions. Prior to, or contemporaneous with these intrusions the Greenstones were closely folded. As a result of this deformation, fracturing, shearing and faulting took place on a large scale. Along these lines of weaknesses, vein forming solutions, emanating from the Porphyry intrusions, were able to penetrate and fill the fractures, which were formed as the result of stresses developed during the cooling of the rocks. These fractures were filled with quartz, carbonates, sulphides and gold. These geological conditions are regarded as favourable evidences for the formation of a valuable gold deposit.» DEVELOPMENT Aside from considerable exploratory surface work, a three compart ment shaft has been sunk to about 300 feet. This shaft is 7' x 14' and is timbered with 8" x 8" B.C. Fir to a depth of 250 feet. Two compartments of this shaft are used for haulage and hoisting and the third compartment as a manway equipped with ladders and provided with air and water lines to the underground development. A level has been opened up at a depth of 125 feet and from here two cross-cuts have been driven, the one north for a distance of 57 feet, where the Greenstone-Porphyry contact was cut, and the other cross-cut was driven south for a distance of 78 feet, where the southern Greenstone-Porphyry contact was encountered, thus establishing at this point, a Porphyry intrusion width of 135 feet. From the north cross-cut two drifts were started, one facing east, and the other west, but these drifts were discontinued temporarily because the south cross-cut appeared to offer better indications for heavy gold deposition. This was borne out by the results obtained from the 58-ft. drift south of the shaft along a very good 2-ft. vein, carrying gold values in very persistent quantity and of high grade ore. Another drift closest to the shaft was driven for 37 feet. This vein was never sampled. Later this drift was slashed to make room for a pumping station for this level. The tliird drift was driven for a length of 27 feet but was discontinued when the face of the drift appeared in greenstone formation. VEINS There are nine distinct veins on the property that "vary in width from six to thirty-six inches. These veins are all in the porphyry, but only one vein, so far, has been opened by actual mining. Three other veins have been encountered in drifting and diamond drilling. The vein that has been opened by mining on the surface and on the 125-ft. level appears to be the main vein. It is very regular in strike and dip and contains very white quartz and is metalized with lead sulphides and pyrite, with free gold associated with the pyrites, as is usual in all important ore deposits in Northern Canada. Many stringers, carrying free gold also occur thoughout the porphyry mass.

7 In sinking the shaft an entirely new vein was encountered, which appears to be the top of a new ore body and is probably the main break on this property, according to strike and dip of the vein, which is north-east by south-west, which direction is the strike of all main leads in this district. The high grade vein showing on the 125-ft. level, after all, on development of the new vein> may be only a shoot-off of this new interesting vein discovery, which is from 4 inches to 3 feet wide and carries extraordinary high gold values. The former Mine Manager, Mr. Douglas, is convinced that this vein is the top of the main break and that all other veins now showing come from it. Tin's is one of the interesting work-programs immediately ahead and if, by underground development, proven to be correct, should be of immense importance to the future of the Company. This conclusion is based on the conditions disclosed by the finding of this new vein and on its value, dip and strike. VALUES* As stated before, the only underground work was done on what is known as "A" vein. This was opened up on surface by an open-cut and 77 tons of ore, as it came from the excavations, were shipped to Porcupine for milling and yielded an average of $19.77 per ton of rock. This value is regarded as an excellent one from an unsorted surface deposit. From the 125-ft. level there was shipped to Temiskaming Laboratories a 3,788-lb. bulk sample of unsorted rock from an average width of 3 feet. This shipment returned $47.74 per ton of ore. The face of the drift on this vein is still in high-grade ore. The new vein which was found in the continuation of the shaft assayed up to 4.95 ounces in gold per ton of ore over a width of 2 feet. This is equal to a value of $ per ton, or $ across a sloping width of 3 feet. As no work so far has been done on this vein, this value, of course, is merely indicative that high metallization has taken place here and for that reason is arbitrarily reduced to an estimated value of only $40.00 per ton. Drill hole No. 8, as can be seen from the map on page 16 of this Prospectus, cut six parallel veins and numerous stringers. The cores of three of these veins were assayed and gave respective returns of $60.55 across 2 feet; $ across 3 feet and $67.55 across 3 feet. They were cut at the respective depths of 237 feet, 330 feet and 380 feet, indicat ing the presence of deep-seated ore deposits. The $ assay, as in the case of the above $ assay, has been arbitrarily reduced to a $40.00 per ton value for a slopingwidth of 3 feet. We present a summary of the average value of assays of the exposed ore, based on a slopingwidth of 3 feet, as follows: 1 The mint return from a shipment of seventy-seven (77) tons from the surface open cut, estimated at 3 feet in width, averaged... $19.77 per ton 2 A bulk sample of 3,788.1 Ibs. from the 125-ft. level gave a return of $47.74 from unsorted muck rock from an average width of 3 feet per ton 3 A vein was encountered in the shaft 2 feet wide assaying $ per ton, which would give a valuation for 3-ft. stoping-width of $ This high assay we conservatively reduce to a valuation of per ton 4 Diamond drill hole No. 5 at the 231-ft. level cut a 1-ft. vein assaying $16.10, which for a stoping-width of 3 feet would average per ton 5 Diamond drill hole No. 17 cut two 2-ft. veins averaging $14.00 and $18.20 respectively. For a 3-ft. stoping-width, this would give an average of... $ 9.34 per ton and " " * All values i in this I prospectus have been taken from the Engineering Reports of Mr. Douglas end Mr. ClaA, to which we i refer i the reader, on pages 9,10,11 and 12. Gold is figured at $35.00 U.S. currency per ounce, although the Royal Canadian Mint pays for gold at that price plus the prevailing rate of exchange between Canadian and American money, which since the.latter part of 1939, has oecn in the neighbourhood of 10%, making a total of $38.50 per ounce for Canadian mined gold presently paid to the Producers,

8 6 Drill hole No. 8 cut a vein at the 237-ft. level 2 feet wide which assayed $ This would give for a 3-ft. stoping-width a valua tion of per ton 7 The same diamond drill hole, No. 8, then cut a vein at the 330-ft. level, which was 3 feet wide, the core assaying $ It is assumed that this vein has been cut at a point which contained an extremely rich pocket of metallic gold. However, this high assay is reduced to a valuation of only per ton 8 Diamond drill hole No. 8 at the 238-ft. level then cut a 3-ft. vein, the core of which assayed per ton TOTAL... $ or a net average of $31.35 per ton of a stoping-width of 3 feet. In order to be ultra-conservative, we still further reduce this value per ton of ore, to an average of $20.00 per ton. ORE RESERVES Ore reserves indicated by diamond drilling in the section between holes No. 3 and No. 4 on the West and hole No. 11 on the East, a distance of 430 feet of the total of 700 feet, arc as follows, as slated in Mr. dark's Report on pages 11 and 12: "A" vein shows in the drilling for a distance of 150 feet in length and 400 feet in depth, with stoping-width of 3 feet... 13,846 tone "B" vein shows for 330 feet in length and 250 feet in depth, with a stoping-width of 3 feet... ' "C" vein shows for 280 feet in length and 250 feet in depth, with a stoping-width of 3 feet... TOTAL INDICATED ORE RESERVES ,038 tons 16,154 tons 49,038 tons This tonnage is based on present development without allowance for ore reserves at greater depth that may be obtained from further development. Deep development on properties in Porcupine and Kirkland Lake, showing similar geological conditions justify the belief that like values and width of ore bodies will be encountered at greater depth as have been encountered on this property to-datc. OPERATING COSTS It is liberally estimated that all costs of mining, sloping, hoisting of rock, delivery of same at mill, milling and all new develop ment work, including overhead, will not exceed $8.00 per ton of ore milled. HISTORY This property was discovered and staked by the late Robert C. Clark, one of Canada's best known prospectors, who was also the finder of the famous Lamaque and Sigma Mines, two of the richest gold producing mines in the Province of Quebec. Mr. Clark considered his Dyment discovery one of the most important, being similar in geology and ore occurrence to the Lake Shore Mine in the Kirkland Lake District. LOCATION AND STATUS OF PROPERTY The ground held by Tabor Lake Gold Mines, Limited consists of a block of fifteen (15) mining claims, covering an area of 600 acres, more or less, situated in the Kenora Mining Division, Dyment District, in the Province of Ontario, Canada. Three of these mining claims are patented and on the remaining twelve claims all assessment work has been performed and recorded, so that now they are also eligible for patent. The properties lie directly south of and adjoining the south-west corner of the Township of Melgund, a few miles south of.the. Main Line of the Canadian.Pacific Railway and 8 miles.from the station of Dyment.....6

9 TRANSPORTATION From Dymcnt Station an excellent gravel road leads directly to the mine camps and workings. This mine road crosses the Trans-Canada Highway some six miles from the mine. WATER TIMBER Situated on the property is Tabor Lake. This lake is one-third of a mile in width and length, as the lake is nearly round. It adequately supplies the mine with all necessary water requirements. The timber of these mining claims consists of Jack Pine, Spruce and Poplar, in sufficient quantity for all building needs. British Columbia Fir is being brought in for timbering the shaft and underground workings. TOPOGRAPHY POWER PLANT AND EQUIPMENT The ground is rolling and a good deal of it is from 100 feet to 150 feet above the level of Tabor Lake. There are numerous rock exposures and the over-burden, where it occurs, is not at all heavy on any place on the property. The Power Plant consists of three return tubular boilers; one water pre-heater; one Ingersoll-Sargeant Air Compressor; one Allis-Chalmers-Bullock Compressor; one General Electric generator; one Mead-Morrison hoist and a large number of other small equipment. The boilers are set side by side and hang on steel frames; they are encased in brick-work. These boilers have an aggregate of 200 II.P. and on the last inspection by the Ontario Department of Public Works, M'ere given a pressure of 100 Ibs. each. There is also a small pump which is used in the Power House to pump water from the pre-heater to the boilers. All machinery is steam-driven, but it is reported that the Ontario Hydro Electric Commission intends to put a power line across this property to serve it and the entire district. UNDERGROUND EQUIPMENT The Company has the following equipment for underground opera tions: Four Ingersoll-Rand N82 rock drills, combined drifters and sinkers, complete with oil lubricators; 1,000 feet of one-inch water hose; 1,000 feet of one-inch air hose; two sinking buckets of 16 cubic feet capacity; four end and side dump mine-cars of 20 cubic feet capacity; one mine cage capable of holding a loaded mine car; two hoisting cables, each 800 feet in length; one Camcron Sinking Pump; a quantity of drill steel; a quantity of pipe of all sizes and other equipment too numerous to mention. All of this equipment is practically new and is in good condition. WATER TANK FIRE HALL PUMP HOUSE BLACKSMITH SHOP STORE ROOM EXPLOSIVES MAGAZINE WORKMEN'S CAMP The water tank is located near the power house. It is of steel and is housed in a frame building of good construction. Underneath this tank is a small room that is used as a change room. A single shower is connected here. This is a small frame building, in which all fire equipment is kept. A supply of 300 feet of hose equipped with nozzles and connected to the main water line, is ready for use at any time. This building is located on the lake and contains two pumps one steam driven pump and the other a gasoline driven pump. The blacksmith shop is located near the power house. It is equipped with an Ingersoll-Rand drill-steel sharpener and an oil furnace and hand forge. This is a log building of good construction well suited for the storing of mine supplies and equipment. The detonator storage house is a frame building suitable for that purpose. The Powder magazine is a log building suitable for the safe storage of explosives. The workmen's camp is a good frame building, large enough to comfortably house 34 men.

10 COOKERY ICE HOUSE OTHER CAMP BUILDINGS This building houses the cookery, mine office and staff quarters. It needs enlargement. This is a log building of sufficient size to hold one summer's supply of ice. The Company has two other camp buildings, situated on the east side of Tabor Lake. The one building is occupied by the Mine Manager and the other building is used as a residence for visitors. ASSAY PLANT This is a new building, complete except for the laying of the cement floor. The cement forms for the assay-plant machinery are in place, and as soon as the cement is made available the entire building will be ready for the installa tion of the assay plant and equipment. THE MILL BUILDING This building is completely erected excepting for the tower, which will house the bins for the coarse and fine ore, the rock crusher and the mine and mill water lank. The forms for the cement work to be used as foundation for the mill machinery, are set up. It is intended also to put a cement floor in the building, when the cement is made available for pouring. FINANCIAL The Company has no debts of any kind or nature, excepting on AND LEGAL current bills, and to the shareholders on the outstanding shares, and all requirements have been complied with to assure legality of all Corporate procedures past and present. CONCLUSION From the foregoing it will be readily seen that the property of Tabor Lake Gold Mines, Limited represents a truly promising mine-in-themaking, with ore of high average value and with large indicated ore reserves. It is proposed to continue the shaft to the 1,000-ft. level and establish cross-cut and drift levels every 125 feet, and for the blocking out of sufficient ore to feed uninteruptedly a 200-tons-per-day-mill and later increase this capacity, proportionately to accomplished new development. TABOR LAKE GOLD MINES, LIMITED, 276 St. James Street West Montreal, Que. _ O n

11 Abstracts from Report on the Geology and Development of the Properly presently owned by Tabor Lake Gold Mines, Limited by R. S. DOUGLAS, M.E., M.C.I.M.M. Former Manager of said Property Mr. Douglas reported as follows, under date of May 10th, 1937:. : ; Surface exploration on Claim K-912 of this property has disclosed three veins, one of which carries gold in good commercial quantities. From this vein, which is known as j the high-grade vein, 77 tons of rock were taken out by open cut method. This rock was sent to the Canusa Mine in Porcupine District where it was milled, the returns being $1,250,00 or an average value of $16.25 per ton* approximately. This one vein has been traced eastward from the shaft for a distance of 1,600 feet at which point it is covered by over-burden, but then reappears on the property east of us. It has also been traced. westward for a distance of 200 feet where it is again covered by overburden, but reappears again on the property west of us. j After sinking the shaft to the 125-foot level a crosscut was driven south to intersect j the veins. In this crosscut two of the veins were cut and drifted on. The vein closer to the * shaft has 37 feet of drifting done on it and the break is still in the face of the drift. This <IM~~ drift to my knowledge was never sampled nor assayed. The other drift followed the down ward extension of the high-grade vein apparent on the surface. This drift was driven on the vein for a distance of 58 feet. This drift was all sampled and assayed. Samples were taken along the back of every five feet of drift, across a drift width of 6 fcet.j These samples returned an assay value of $45.00 per ton in gold, this is the average. Other samples taken on the quartz-galena matter itself returned an assay value of $ per ton, this is also > average.** The face of this drift is still in high-grade ore. Another crosscut was driven north from the shaft to the porphyry greenstone contact. In this crosscut are shown the two porphyry bodies that are to be seen on the surface, Vein material, heavily mineralized shows between the two bodies. At the main contact is j disclosed the third vein that is to be seen on the surface, this vein in the west face shows free. gold and other heavy mineralization, while the east face, in which no gold can be seen, it is apparent that it carried values in ore. No sampling has been done on either of these faces to my knowledge. In sinking shaft since my inception here, we have come upon an entirely new vein, which is apparently the top of a new ore body, and is probably the first finding of the main break on this property, according to the strike and dip of vein. This is NE by SW, which ; direction is strike of all main leads in this district. ; Assays taken from this vein in the shaft have returned very encouraging results from of gold per ton up to 4.95 oz. of gold per ton. This vein is from 4 inches to 3 feet, ' i wide. It has now left the shaft and gone into the west wall of the shaft and cannot be t } seen any more. The high-grade vein showing on the 125-foot level and also on the surface * is, I believe, only a shoot off this vein. The mineralization is the same, and check assays have returned close to the same value. I am quite convinced that this vein is the top of the main break and that all other veins now showing have come from it. It would, therefore, appear that with depth all veins and stringers of ore now showing will eventually merge j into one large deposit of commercial ore. Presently, we are not deep enough nor have we enough development work done to actually prove this to be the case. Therefore, actual * As shown by the Mint returns herein reproduced the total value of this shipment actually was $1, and the average value for the 77 tons shipped was $19.77 per ton, ** This high assay is disregarded completely in this prospectus. J This sampling was done by Mr. Clark across a width of 3 feet the reference to 6 feet is an error.

12 j work underground with the use of the diamond drill, and a program of lateral work in telligently directed will be required to substantiate this theory. The formations in some places can be likened to the Kirkland Lake district where the highest grade mines in the world are situated, at other points they appear the same as the Porcupine District where the largest gold mines in Canada are operating. j i In the accompanying maps, the one shows a section through the Diamond Drill Holes Nos. 5 and 8. These holes were drilled at the same spot, through the ice on Tabor! Lake this past month of March. No. 5 was drilled north at an angle of 45 degrees, and No. 8 also drilled north at an angle of 60 degrees. On the map is shown the different rock : formations found and also the position of the veins and the parts from which assay values in gold were obtained. This map is in detail of construction and shows the need of us getting down below the present bottom horizon of the mine. Of particular interest is the showing of the two porphyry bodies joining each other. This seems to have a great deal to do with the number of veins cut and the great widths of mineralized quart?, porphyry encountered. From the point where these bodies join one another, the porphyry is loaded with quartz stringers that may carry values of commercial low-grade ore over the full width which is from 70 to 90 feet wide. When we have our own assay plant completed we will assay all of this ore and thereby get the exact value of it. *' 5 The joining of the porphyry bodies has also been the cause apparently of the two veins that have given such encouraging gold value returns. I attach great importance to this occurrence. You will also notice that Hole No. 8 cut a porphyry dike that was not cut by Hole No. 5. At greater depth this may show to be another porphyry body that will join those already being explored. Such being the case another width of vein material * will in all likelihood be found. The main thing is that we must get down in depth to dis- 5 cover and make sure of all these things that have been shown to exist from the Diamond! Drill core.f The map showing the plan of the diamond drill holes tends only to show the location of the veins if the top or surface of the ground were cut away. I have put the logging of the rocks on the map and also the assay of gold values received from the parts of core that have been sampled. ; I The map showing the vein in the shaft is very interesting from a mine-wise and ; geological point of view, as this vein is, I believe, the main break of our varied vein system. I I say this because of the mineral it contains and also because of the position in which the j vein is lying. i! 1 '4 '! ] Respectfully yours,, ; 1 t It is the company's intent to continue the shaft to a depth of 1,000 feet and establish drifts every 125 feet apart.

13 Revised Report on Diamond Drilling on the Property Presently Owned by Tabor Lake Gold Mines, Limited by R. RUSSELL CLARK Geologist To the Directors of Tabor Lake Gold Mines, Limited. September 5th, 1941 Dear Sirs: During the year of 1937, 4,300 feet of diamond drilling was done on the property presently owned by Tabor Lake Gold Mines, Limited, located south of Dyment, Ont., in the Kenora Mining District. Most of this drilling was clone on Claim K-912. The footage was divided among fourteen holes. These holes were numbered 3 to 15 inclusive and number 1. Moles 14 and 15 are located several hundred feet north of the veins and porphyry de scribed in this report and are not considered in it. The drilling proved that at least three veins occur in the porphyry body. These veins strike in a general east-west direction. For the purpose of this report the north vein will be called "A" vein, the centre "B" vein and the south "C" vein. GEOLOGY. Originally the porphyry dike, on Claim K-912 probably averaged about fifty feet wide. It had a general east-west strike and dipped to the south. ''A" and "B" veins occur in faults. These faults enter the porphyry dike in its north wall and cross it at a small angle. The strike of the faults in the porphyry is a little north of east and south of west. Before entering and after leaving the porphyry the faults follow the walls of the dike for some distance. The south sides of these faults have moved to the west and down in respect to the north side. The faulting has resulted in the porphyry having a width of 130 feet on the 125-foot level. This structure rakes to the west and down at about 45 degrees. The porphyry gradually becomes narrower cast and west of the bulge. East of drill hole 9 the porphyry dike swings to the north. This first shows up in holes 10 and 11 where the dike has moved a few feet to the north. Between the holes 11 and 12 a distance of 170 feet the dike moved 70 feet north. Due to this swing the quartz inter sections in drill hole 12 and holes 13 and 1 east of it cannot be correlated with the inter sections, in drill holes 3 through 11 inclusive, west of the swing. However, the intersections in holes 1 and 13 are probably a continuation of "A" vein. This vein left the porphyry between holes 5 and 6. The swing has carried the dike far enough north so that it is again, on the strike of this vein. Veins striking in a north-south direction and carrying good values also cross this dike. However, not enough is known about them to reach any conclusions regarding their effect on the geological structure or the amount of ore they contain. The high-grade ore is found where these veins occur in the porphyry or in the contact between the porphyry and the greenstone on the south side of the dike. The structural geology of the porphyry dike and the veins cutting it leads to the conclusion that theoretically the three veins should make ore for a distance of 700 feet along the strike of the dike. "A" vein should make ore for a distance of 400 feet starting at the west end of the 700-foot section. "B" vein should make ore for 400 feet starting about 200 feet east of the west end of the section. "C" vein should make ore for the east 300 feet of the 700-foot section.

14 This very favorable geological structure will continue to further depths. There is every reason to believe that the amount of ore will be greater and the value of the ore more uniform in the deeper levels of the mine. The possibility of finding more ore both east and west of the 700-foot section and on other par Is of the property is very good. ORE INDICATED BY Approximately 49,000 tons of ore are indicated by the diamond DIAMOND DRILLING: drilling in the section between holes 3 and 4 on the west and hole 11 on the east, a distance of 430 feet. The figure for the tonnage was reached in the following manner: "A" vein shows in the drilling for a distance of 150 feet in length and 400 feet in depth. "B" vein shows for 300 feet in length and 250 feet in depth. "C" vein shows for 280 feet in length and 250 feet in depth. A three-foot or stoping-widlh was taken for all veins. GRADE OF ORE: Due to the varying character of the ore its average grade can only be determined by development work. This is the reason for the varying results obtained from the assaying of vein intersections in the diamond drill holes. ' Because of these results it was decided that the best information available on the grade of I; ore found in this block of ground was from the results obtained from the channel and bulk \ samplings of the veins in the porphyry. \ Channel sampling of the vein in the open cut. averaged $16.00 a ton «-. The ore shipment from the open cut... " a ton The bulk sample from the drift on the 125-ft. level... " a ton The channel sampling of the vein in the drift on the 125-ft level... " a ton These four samplings show an average of $32.12 a ton. However, as the veins in this block of ground will have an average width closer to two feet than they will to three feet, the 49,000 tons of ore indicated will probably average about $20.00 a ton. CONCLUSIONS: Faulting caused the wide section of porphyry near the shaft on Claim K-912. Conditions in this bulge were very favorable for the deposition of gold. There is every reason to believe that this favorable structure will con tinue to great depth. The diamond drilling indicated the existence of a considerable tonnage I ; of good grade ore. There is good reason to expect more ore both east and west of the section I. ' drilled, especially west of it. Development work will in all probability prove up a good sized tonnage of very good grade ore. Respectfully yours, 12

15 Royal Canadian Mint Return of gold recovered from the milling of 77 tons of ore at the Canusa Mill of Porcupine, Ontario. This shipment of ore came from the Surface Cut, from which over 100 assays averaged $16. As can he seen from this large shipment of ore, the total gold recovery was 435 ounces, having a total value, at only $35. per ounce, of $1,512.50, or an average for the 77 tons of $19.77 per ton of ore. ROYAL CANADIAN MINT js?.-" ' <f^ $i,..^.^'::^^. o rf«/wi/ laif Jo (eittai* jow tv/iiwi, and «K»{Wn{ !,... / / ROYAL CANADIAN MINT /^ /. J&.f &:.?; -. j;'.?'.--" * itpasti.itivt to cmtain jcw *«/( «>, *\ --'" S;,...:..;;..,...,...;,...,... ;.,.../. '',.,. o...::-/^.^^. i*k **.-i &

16 Copy of Return from the Milling of a Bulk Shipment of 3,788 pounds, dry weight, From the 125-ft. Level KMISKAMIKO TKSTINC LABORATORIES owned snd operated by THE OHVARIO OOVKKIIMKNT»KPT. 0? KIKES OOBALT, OWARIO. July 19, 1937, CUrk Sola Vines Limited,?Ull Dclrm-udlera St., «OH5K>^1, P. q. Description of Sr-mtle SILVK-H T.T.L. Lot >fo GOLD. PJtT $147.77^ Cold ot $35. per ot. Certified tp., be p. rue find Cory«'t^t*py. TBHISKAKJVG TESTrrO LJUCRATOWES Arthur A. Ctle ( signed) - 14

17 The Results Obtained from Diamond Drilling are summarized as follows J Depth of Hole Quartz Veins cut from and to a depth of Width of Vein No ft. No " No " No " No " No, 8 458" No ft. No " No. 11 No. 12 No. 13 No. 14 No ft. 212 ft. 322" 161 «255" 330" ft. to 106 ft. 124 " to 126 " «to 227 " «to 377 " " to 323 « «to 286 " " to 220 " Numerous quartz stringers 54ft. to 55ft «to 239 " «to 328 " «to 333 " " to 358 " " to 383 " " to 337 ".. " " to 220 " «to 268 « " to 281 " «to 2 5 «'.. Quartz and calcite stringers Quart/ stringers with pyrites Quartz stringers Quartz stringers 6ft. 2 «2 «1 «1 «5 " 2 «1ft. 2 «2 «3 " 1 «3 «2 " 2 " 4 " 1 «1 «Note drill holes Nos. 5 and 8, especially referred to in the report by Mr. Douglas. Drill hole No. 7 shows a vein 5 feet wide at 281 feet depth and drill hole No. 8 shows that 6 veins were cut, varying in width of from 1 foot to 3 feet at depths varying from 54 feet to 380 feet. For further details as to location of these drill holes and assays obtained from their cores see-the map in this prospectus.

18 Map Showing Surface Cut, Drift at 125-ft. Level and detail of Drill Holes Nos. 5 and 8, giving Assay Values SECT/OH OF MAIN WORKINGS 5oo FT. This is a true and correct map showing approximate development and location of veins and of drill holes No. 5 and No. 8 on the properties of Tabor Lake Gold Mines Limited.

19 S2F09SW TABOR LAKE 040 OTTAWA October IJth, REPORT Of The ORE DRESSING AND METALLURGICAL LABORATORIES Report No * Gold Ore From The Clark Gold Mines, Limited Dyment, Ontario. o-o-o-o-o-o-o- Shipment: Twenty-six bags of gold ore, total weight 1,500 pounds, were received on September 10th, 1937, from R. S. Douglas, Manager, Clark Gold Mines, Limited, Dyment, Ontario.

20 Location of Property; Page -2- The mine from which the ore was submitted is located about 8 miles from Dyment, in the Kenora mining division, northwestern Ontario. Characteristics of the Ore; Six polished sections were prepared and examined microscop ically for the purpose of determining the character of the ore. The gangue is somewhat variable in character, the components being white vein quartz, light grey and fine-textured siliceous rock with considerable finely disseminated carbonate and cut narrow veihlets of calcite, and fine-textured green chloritic rock. Pyrite, the most prominent metallic mineral in the ore, is present in very small quantity as sparsley disseminated medium to very small grains. There is a distinct tendency for the mineral to occur most abundantly along narrow sinuous stringers in the quartz. Along these stringers occur very small amounts of galena and sphalerite, usually associated with pyrite. stringers. Small irregular grains of native gold occur along the pyrite As shown in the following table, 60 per cent of the gold occurs alone in the quartz while 40 per cent is in contact with the pyrite grains. No cases of gold grains being included in pyrite were noted. The grain size of the gold, determined microscopically, is shown in the following table: Grain Size of the Gold :Gold in Gold in contact with Mesh : Quartz Pyrite percent :Per cent i 200; : : : 3.9 -^60 i 800: a-1100: 11.7 iloo ii600: ^00: : 5.4 Totals : TOTALS Per Cent H

21 Page -3- and As say ing;;; The ore was crushed and sampled by standard methods and a head sample out out which assayed as follows: Gold = Purpose of Investigation and Results^ 0.36 oz. per/ton The investigation called for a method of metallurgical treatment for the ore and a suggested flow-sheet. ' The results showed that the ore can be satisfactorily treated by cyanidation with comparatively coarse grinding, giving an extraction of 98 per cent and a tailing carrying ounce gold per ton. Experimental Investigations; A sample of ore (1,000 grammes) was ground in distilled water for 25 minutes to determine the alkalinity of the pulp. of the pulp v/as 7*6. The recorded ph The same pulp v/as fed to a hydraulic classifier and the under flow or oversize v/as panned. in the panned product. Considerable coarse free gold was observed Oyanidation. Samples of the ore, 1,000 grammes each, were ground for periods of 10, 15, 20, 25, and 30 minutes in cyanide solution of strength equival ent to 1 pound KCN per ton at a pulp dilution of f :1. per ton v/as added for protective alkalinity. Two pounds of lime After grinding, the pulps were made up to a dilution of 1,5:1 and agitated for 24- and 48-hour periods. The results are as follows: Test No I Agita tion hours "8 24x Assays of tailing Au oz./ton (Gold in feed oz./ton) Reagents consumed Ib./ton KCN CaO ? Extraction of gold per cent 9b Pulp dilution 1.5 to to to to to to to to to to 1.

22 screen tests: Mesh Page -4- Th e grinding for the above tests is indicated from the following rninute grind Weight. Per Cent 15 -minute grind minute grind minute grind minute grind *?Io Totals: Blanketing and Amalgamation The samples of ore were ground in a lime pulp (2 pounds lime per ton) to have approximately 48 and 60 per cent respectively minus 200 mesh. The pulps were passed over a corduroy blanket and the concentrates amalga mated. The amalgamation tailing and blanket tailings were combined,thick ened, and agitated in cyanide at a solution strength of 1 pound KCN per ton for 24 hours. 10 Minute Grind The results are as follows: Gold in feed Gold in combined blanket and amalgamation tailings Recovery by amalgamation 0.36 oz./ton oz./ton 84.7 per cent Cyanidation of Combined Tailings Assays Extraction au ozt«/ton of gold Reagents consumed Pulp Wed" : Tailing per cent KCN Ib./ton C a 0 Dilution 0.055: to 1.

23 Summary; 15-Minute Grind Summary Gold recovered by amalgamation Gold extracted by cyanidation Gold in feed Overall recovery Gold in combined blanket and amalgamation tailings Recovery by amalgamation.a Cyanidation of Combined Tailings Assays : Extraction : Reagents consumed Au oz./ton : of gold : Ib.yton Feed : Tailing per cent : KCN : C a : 0.005: : 0.09 : 1.6$ Gold recovered by amalgamation Gold extracted by cyanidation Overall Recovery Settling. Per Cent per cent oz./ton " 87.5 per cent : P u ]. p : Dilution * : 1.5 to 1. Per Cent per cent For the purpose of determining the rate of settling of the solids in the pulp, a sample of ore was ground in cyanide to have approximately 48 per cent minus 200 mesh. added. Two pounds lime per ton was The pulp was transferred from the grinding mill to a glass cyl inder of 2 inches inside diameter. The level of solids was read in fractions of a foot every five minutes for one hour. ratios of dilution. Two tests were made on the same solution using different The results are as follows:

24 lormational circular: S2Fe9SW TABOR LAKE 060 CLARK GOLD MINES LIMITED (No Personal Liability) Incorporated under the Mining Act of the Province of Quebec* CAPITALIZATION: Authorized, par value $1.00 2,000,000 Shares Issued for properties and pooled until released by the Quebec Securities Commission...»...**...»»» 500,000 M Issued... Remaining in Treasury ,000 " > «*...» 600,000 " President Vice-President Director Director OFFICERS & DI W. S. Lighthall Lighthall & Lighthall, Advocates H. D. Roberts, Official, Dominion Textile Co, Ltd. E» M. McLean, President, E. M. McLean & Co«Ltd. Percy V?. Turner, Mayor of Charlottetom Montreal, Que, Montreal, Que. Montreal, Que. Cherlottetoim, P. E. I. Director Director Fred Hunt, Secy-Treas., McColl-Frontenac Oil Co. Ltd. Montreal, Que. George L. Davis, Treasurer, E, M. LTcLean & Co. Ltd. Montreal, Que ( Director P«W. Evens, Secy-Treas., Dominion Bridge Co. Ltd. Montreal, Que, Secretary-Treasurer D. L. Blaise Montreal, Que, RESIDENT ENGINEER: P. S. Douglas, M.E., M.C.I.M.M, TRANSFER AGENTS: Chartered Trust & Executor Co. Montreal, Que, Suite 836 HEAD OFFICE} Dominion Square Building Montreal, Que.

25 CLARK GOLD MINES LIMITED {No Personal Liability) PROPERTIES} GEOLOGY: 600 acres in the Kenora Gold District, Ontario} discovered and staked by Bob Clark, one of the most famous of Canadian prospect ors - discoverer of Sigraa, Lamaque, and part of the Read-Authier holdings - who predicted that this property would far surpass all his previous discoveries, and who selected it, alone, amongst all his discoveries, to bear his name. 24 claims in the Goudreau district, Ontario, adjoining O'Brlen's Cline Lake property. These claims were diamond drilled with very encouraging results and all assessment work has been completed to put them in good standing for two years. The potential value of this property is indicated by the fact that O'Brien has erected a 200-ton mill on its Cline Lake holdings - production is expected to commence in June and by the fact that it is officially stated present ore reserves are estimated at 418,100 tons averag ing $11.30 gold per ton. A thorough survey of Clark*s Kenora property, by R. Russell Clark, Geologist, disclosed the fact that the general geological condit* ions closely resemble those of the Kirkland Lake District, The structure is ideal for the deposition of gold, and the geology indicated deep-seated gold bearing orebodies. A,mineralized zone about a quarter-of-a~mile wide crosses the property north and south. DEVELOPMENT: On the Kenora property a three-compartment shaft has been sunk to a depth of 375 feet. Crosscutting and drifting have been con ducted on the 125-foot level. A large orebody has already been developed by underground work, or indicated by diamond drilling. ' Values as high as $ gold per ton have been secured. A ship ment of two tons of ore obtained by bulk and channel sampling fron the No. 1 vein on the 125-foot level was forwarded to the Teraiskaming Testing Laboratories of the Ontario Government. Thie ship ment assayed $47.74 gold per ton. PRODUCTION: Actual production is expected to commence shortly* Mill buildings have been erected, foundations for the heavy machinery have been constructed, and the necessary milling plant and equipment have been ordered. In addition an assay office has been built and equipped. Bulk samples of ore were recently submitted to the Dominion Mines Laboratories at Ottawa for testing. The official report showed that gold recovery of 98.6$ could be obtained by straight cyanidation. This test showed free milling ore with an unusually high percentage of recovery*

26 CLARK GOLD MINES LIMITED (No Personal Liability) POWER AND The Kenora property is operating with a completely equipped min- EQUIPMENTs ing plant capable of carrying development work to a depth of 1200 feet. Steam power is furnished by three return tubular boilers having an aggregate of 200 H.P. The Company owns complete dia mond drilling equipment of the latest type. Camp buildings, all newly erected, provide ample accommodation for 40 men. TECHNICAL DIRECTION: PROSPECTS: CAPITAL STRUCTURE: The Kenora property of Clark Gold is under the direction of Mr, R. S«Dougleo, M.E., as Resident Engineer. Mr. Douglas is a graduate of well-known schools of mining in Great Britain and the United States. Prior to taking over his present post, he had a number of yearo experience with important mining companies in the United States and Canada, including six years on the staff of Lake Shore Mines Limited. At Lake Shore, Mr. Douglas specialized In underground development work with conspicuous success. He is thoroughly familiar with the type of geological conditions that are characteristic of the Clark Gold property. ' Clark Gold's Kenora property has already been proven as a really high grade mine with a profitable future before it. The Mine Engineer is confident that the campaign of exploration and devel opment work now In progress will -prove it to be a large high grade mine. Clark Gold's Goudreau property presents a particularly interest ing outlook not only on account of results already obtained from diamond drilling, but on account of outstanding developments on the adjoining Cline Lake property. The prospects of developing a profitable operation on this group-of claims are considered especially encouraging. Clark Gold's authorized capital consists of only 2,000,000. shares, of which approximately 600,000 shares are still in the Treasury. This is a very unusual situation for a mine that is so near actual production. NOTE: Please refer to attached maps showing surface geology, vertical section of vein system, and underground workings of the Kenora property*

27 CLARK GOLD MINES LIMITED Depicting the underground workings and Engineer's conception of a cross-sectional view of the operations of Clark Gold Mines, this drawing conveys in a clearcut manner the present position of the company's property. Assays as obtained have been marked by the Engineer and for the purpose of clarity are correlated in the box on the lower left hand side of the sketch, and are based on gold at $35.00 an ounce..l\of/»"/</r,-;*?\j:,f\w:,-,; OKIFT flssars &r *JT.DOHHLD Co. v i. J 275 FT, PRESENT DEPTH OF SHAFT Assays In Drill Holes 1.73 ozs. across 1 ft ozs. across 3 ft ozs. across 3 ft,,46 ozs. no width given.10 ozs. across 1 ft,.02 ozs. no width given.03 ozs. no width given Assays In Shaft $45.00 from open cut 4.95 ozs. in shaft vein Assays in South Drift,10 ozs ozs..95 ozs..01 ozs..15 ozs..52 ozs ozs. In addition a 1 % ton bulk sample from the drift assayed f in gold per ton.

28 MELGUM0 TOWNSHIP CLARK GOLD MIMES MINING PROPERTIES Dyment, Ontario [XJAWN V lisued b^ P.5.DOOGL*a,Mt

29 52Fe9SW TABOR LAKE 0/0 ANALYSIS OF DATA ON TABOR LAKE GOLD MINES.LIMITED Conclusion. There is enough evidence in the underground work and in the diamond drilling to warrant a preliminary in vestigation. The data indicates rich narrow veins and their occurrence in porphyry dykes shows a probable- very erratic distribution of the gold values. It is likely that the values will be too spotty or the ore shoots too small to be mineable but the results so far v/arrant checking and investigation. Sunpnary;. The property consists of a block of three patented and twelve unpatented claims comprising about 600 acres adjoining South of the S.W. corner of Melgund Township, Kenora District. It is located about 200 miles West of Port Arthur and is connected to Dyment Station on the C.P.R. by a nine mile gravel road. The property is well supplied with small timber for steam power and water. It is equipped with a small mining plant capable of developing the mine to about 1200' and with acccmodation for about thirty-five men. The claims are underlain by Keev/atin green stones intruded by dykes and bosses of quartz porphyry.. One of these dykes, on K?12, is cut by a series of E-W striking 50 S. dipping quartz veins that apparently occupy fractures that are secondary to a strong EW shear dipping 70 S. that follows along the North contact of the porphyry dyke and which has been traced for a length of over 1JOO', The values are apparently confined to the flat quartz veins in the porphyry and where data is available these values are high enough to be interesting, The showing has been developed by a shaft with the one level at 12^' having 90 ' of drifting on the main vein. In addition to the underground work. some 4000' of diamond drilling has been done and an open cut, 200' long by 20' deep lias been sunk on the vein.

30 Complete data is not available but enough information is at hand to make a thorough check advisable, Location. The property is located immediately South of the South V/est corner of Melgund Township, Kenora District. It consists of three patented claims, Kos. K-912, K-3875, K-4750, and tv/elve unmtented claims Nos. K-3877, 4752, 4758, 4781, , , , a total of about 600 acres. The assessment work for the unpatented claims has been completed and an extension until September 20th, 1943, has been granted by the Mining Court for the taking out of the patents. Access etc. The property is reached by a nine mile gravel road from the town of Dyment on the C.P.R. Dyment is about 18^ miles West of Port Arthur and 75 miles east of Kenora. The trans-canada highway crosses the Tabor Lake road about three miles from Dyment. The property is well wooded with small second growth jackpine, spruce and poplar, suitable for fuel and small mine timbers. Tabor Lake, while only having an average depth of about 20' is large enough to supply the requirements of a small mine and mill. No data is available as to the nearest source of electric power but I believe Dryden, on the C.P.R. thirty miles V/est of Dyment has power and possibly Dyment itself. This will have to be checked. Plant and Equipment. Power is supplied by three wood burning steam boilers of 200 H.P. aggregate capacity. This is suffic ient to run the two air compressors (875 Cu. Ft. per min.) and the hoist. The hoist is steam driven, 9 x 10 twin cylinder double drum having a capacity of 5,500 Ibs. at 500" per minute. It is good for 1200' using f" rope. The power house is a frame building with cement floor. houses an I.R 0 The blacksmith shop is in poor repair and drill sharpener, oil furnace and hand forge. The water tank is of steel but too small, having a. capacity of only 600 gallons. This is supplied by two pumps in a pump-house at the lake,

31 fuse and caps. There are buildings for storing powder and The underground equipment consists of four I.R.N. 82 drifters, two sinking buckets, one 20 Cu«Ft. mine car, air and water hose, and a Carneron sinking pump. Development. The main showing has been developed on sur face by a few scattered trenches, and one open cut on the No.l vein about 140' long by 20' deep. Eighteen diamond drill holes have been drilled for a total of about 4000'; thirteen of these are drilled under the main showing. A 7' x 14', three compart ment shaft has been sunk to 250' and one level established at 12^'. Here 155' of crosscutting and 130' of drifting have been done. Geology. The claims are underlain by Keewatin green stones intruded by dykes and small bosses of quartz porphyry. This area lies immediately East of a large mass of quartz porphyry and the intrusives here are probably offshoots from this mass. The accompanying 100 scale plan shows the geology in the shaft area. Here an E.W. trending porphyry dyke junctions with a similar dyke striking about N 50 E. Both dykes vary in width but are about 100' wide. Lying along the North contact of the E-W porphyry is a strong shear zone dipping about 70 South and carrying lenticular bodies of quartz. So far as is known neither the shear nor the quartz carries appreciable gold values. About 70' South of this shear is a second parallel shear dipping South at about 80. There is a strong quartz vein associated with this shear and assays have shown interesting values in gold. The underground work and the diamond drilling indicate that this South shear is really a split-off from the main North shear and that a series of second ary fractures dipping about 50 South and splitting off from these two shears have been occupied by quartz veins and mineral ized by pyrite, galena and gold. These conditions are shown on the accompanying shaft section.

32 - 4 - Ore Bodies.. Four quartz veins showing values, have been indicated by underground work and diamond drilling. Of these only one has been sufficiently developed to warrant discussing. This vein has been traced for about 330' down the dip and it varies in width from l f to 3 1. It con sists of dark, fine grained, sugary quartz, mineralized by pyrite, galena and chalcopyrite and shows interesting values in gold. It has a dip of 0 South until, in its. upward course, it encounters the South shear from which point it follows up along this shear and on surface shows a dip of 80 South. On surface the vein was investigated by the open cut referred to above. A sample of 77 tons was shipped to the old Canusa Mill near Timmins and gave a mint return of dwts. On the 125' level this vein was drifted on for a length of 93' and the most Easterly 35.0*of this length showed an average from back channel sampling of dwts. across 3.0' open to the East. A bulk sample of 3,788 Ibs. taken across 3,0» for this length returned dwts. Drill hole No. 5, 130 f below the level returned 9.20 dwts. across l.otfor this vein and hole No. 8, 190' below the level dwts. across 1.0». No logs for holes 16 and 17 or for the holes East and West of this section are available so it is impossible to tell what this vein does along the strike. In addition to the above vein, a second parallel vein intersected in holes 8 and 17 showed 539*00 dwts. and 10,40 dwts, both across 3*0*. A third parallel vein showed 38,60 across 3,0' in hole No. 8 and 0,20 dwts. across 2.0' in No. 5. A fourth vein was encountered in the shaft - below the 125' level which returned 99*00 dwts. across 2.0' and what is probably the same vein showed in No. 5 hole where it returned 5«60 dwts. across 2,5* * Apparently none of these veins outcrops on surface with the exception of No. 1. Vein. It is unfortunate that the diamond drill data from holes East and Yfest of the shaft section is not available but as the core is all stored on the property the possibilities in the veins along their strike can be checked by re-logging and re-sampling the core. One point of interest is that the main North shear has been stripped Eastward along its strike for a length

33 of ^00t until some low ground was encountered. On the other side of the low ground, 600 f away, a similar, parallel shear on the North contact of a porphyry dyke has been stripped for over 200'. Thus the main structural feature apparently has a length of at least 1300' and this would argue well for a reasonable length to the secondary fractures which carry the values. G. L. HOLBROOKE GLH/SD 4/28/43. Kirkland Lake, Ont,

34 ANNUAL F 52F09SW TABOR LAKE "ON PROPERTY OF CLARK GOLD MIM^,..., _.... Dated Sept. 25th, FACILITIES Location; The ground held by the Company consists of a block of Kiting Claims, fifteen in number, covering an area of six hundred acres more or losso One claim K-91S is stated to be surveyed and patented. The balance or other fourteen claims are not patented, but assessment work on them is done up to date»' These Mining Claims are all in one block, and are situated in the Konora Mining Division, in the Province of Ontario } Canada* They lie directly south of, and adjoining the South West corner of Melgund Town ship j a few miles South of tho Main Line of the Canadian Pacific Railway; and almost two hundred miles West of the City of Fort William and 31 miles East of the Town of Dryden 9 Transportation^ Prom Dyment Station on the Canadian Pacific Railway a fairly good gravel road leads directly into the Mine. This road crosses the Trans-Canada Highway some six miles from the Mine. The last three miles of this road into the Mine was just recently completed by the Ontario Department of Highways. Water; The main workings of the Mine are situated 250 feet north of the north shore of Tabor Lake. This lake is , being about one third of a mile aoross at its widest breadth; it io shallow, being not more than twenty feet deep at any one point; it has no noticeable inlet or outlet of water. However it is large enough to supply the Mine with its water requirements. For drinking purposes, it was tested by the Ontario Department of Health and found to'be fit for human consumption. However as an added precaution during the summer months, all water used for drinking has been boiled. Timber; The timber on these claims consists of small, second growth Jack Pine, Spruce and Poplar and is fit for use as Mine lagging and fuel wood for the power house and camps. Topography; The ground is rolling and a good deal of it is from 100 fee'c to 150 feet above the level of Tabor Lake. Some low swamp land has been observed, but it is of limited extent. There are numerous rock exposures and from what surface trenching has "been done the overburden is not at all heavy. MIKE BUILDINGS & EQUIPMENT Power Plant & Equ ipment; The power plant consists of three return tubular boilers having an aggregate of 200 H.P, These boilers are allowed a steam pressure of 100 Ibs. eacha A pre-heater with pump attached is used to heat the water for the boilers and pump the same, however the pump is an antique and not reliable. Much time is spent on repairs to this and much money on replacement parts has been spento Two compressors are also installed here, that have a rated capacity of compressing 875 cubic feet of compressed air per minute. These machines are obsolete, long out of date, and are not reliable* Much time is spent on repairs and replacement parts have to be specially made,, As these machines are required to run from twelve to sixteen hours per day, breakdowns run up our costs of operations considerable An electric generator is also installed in this building* This hae never been used since being set up«it is a steam turbine capable of developing 15 JCeWo per hour. It is an obsolete machine and is good only for lighting purposes* However,we could not use it in any case due to its extreme size, as we have not enough boiler power to supply it with steam. The hoist recently installed is new and was built by the United'Steel Corporation of Welland, Ontario* It.is a steam driven, 9 x 10, twin cylinder, double parallel drum^ twin friction, direct current type of hoist. It is capable of hoisting a load of 5,500 Ibs, of material at a rated rope speed of 500 feet per minute and suitable for our purposes. It is also capable of taking us and servicing the Mine to a depth of 1,200 feet, using 3/4 inch hoisting cable. The power house is a frame building of good construction. All mach inery is set on cement foundations and the floor of the building is of cemento

35 - 8 - Water Tank; The water tank Is located between the power house and the shaft. It IB of steel and is housed in a frame building of good construct!ont However the tank is too small for our purposes, holding but 600 gallons of water. Underneath the tank and in the same building is a small room, in this room the miners change their clothes be fore and when coming off shift. A single shower is connected here for anyone wishing to use it* Fire Hall; This is a new small frame building in which the equipment for fire fighting purposes are stored. A hydrant is connected on to the main water line from the lake to the Mine. A supply of 300 foot of fire hose, equipped with nozzles, are ready for use at a moments notice. This equipment is tested once each week. Pump House; Thie is 0ituated out on Tabor Lake &»fl is large enough to accomm odate two pumps. However we have but one pump here and it IB an obsolete machine. Ex tensive repairs have been made on it and it still is not a reliable piece of machinery. There should be two good reliable and dependable pumps placed in this building, as they ' are usod frequently and are necessary for use to pump water for the boilers and compress ors; also for fire fighting purposes, as danger of fire is an ever present hazard. Blacksmith Shop; The blacksmith shop is located near the power house and close to the shaft. It is equipped with an Ingersoll-Rand Drill Steel Sharpener, an oil furnace and a hand forge. The drill steel sharpener requires some minor repairs, otherwise it io suitable for our purposes. The oil furnace is too small, making our costs for this al ready expensive item of sharpening steel still more costly. The shop itself is a log building in a desolate state of repair* Store Roomi This is a log building of fairly good construction. A limited supply of mine requirements are stored herein. Though there is a goodly supply of articles that are useless around a mine. These should be sold. Explosives Magazines; A new detonator storage house has been built, inspected and passed by the Mines Inspector. This is a frame building. The powder magazine is a log build ing. This building requires to be re-roofed with No. 3 ply roofing paper. CAMP BUILDINGS Men's Camp; The bunkhouse IB a good building, practically new; it is of frame construction and large enough to comfortably house 34 men* However, before winter sets In the inside of the building should be lined with Donnacona Board or some other warm Insulating material. Cook Camp; The cookery, dining room and office are all in the one building;this building has just been recently built, about a year ago, it is of poor construction, being merely 2" x 4" spruce studs covered on the outside with Beaver Board. It is neither cool in the summer, nor warm in winter. From the inclemency of the weather the Beaver Board or outside covering is deteriorating quickly* Staff Camp; This ie a small log building of fair construction, it is large enough to accommodate two people* lo^ House; This building is situated directly behind the cookery, it is of log construction and will before another years supply of ice is put away, require to be re paired, inside and out, Other Camp Buildingsi The Company own two other log buildings, situated on Claim K-4794, on the East Side and close to the shore of Tabor Lake, The one building is occupied by two men working at the mine, the other is used as a residence by the Mine Manager, These

36 ~ 3 ~ buildings are of fair construction as log buildings go» Rent from the one building is $15.00 per month. A log stable is also situated a short distance from these. Another dishevelled building known as the garage has camp stoves, stove pipes and machine shop equipment stored therein* SURFACE GEOLOGY - MINERALIZATION AND ECONOMICS The area is largely occupied by lava flows of the Keewatin Series, and of Andesitic to Dacitic composition. A later dyke of Quartz Diorite composition has been noticed which cuts the flows and it is probable that there are more of these dykes either Dipritic or Dacitic, associated with the flowe<, The lava flows are, generally speaking, only slightly schistose, but along the planes of shearing, chloritic schist is Jughly developed. Cutting these rocks are igneous acid dykes of Aplitic character and of the Algoman Series, At the edge of these dykes the texture grades from Aphanitio to Porphyritic, but the central portions are even granied. These dykes are from a few feet to over one hundred wide on the sur face. The strike is generally East and West, though in places some have an almost North South strike. The only occurrence of economic significance, showing on surface, end now being developed (this may not be the only one that may be found) is the outcropp ing of a quartz vein 8" to 24"»s wide. This vein where it can be traced on surface carries a high gold content, along with, or associated with othar minerals, such as galena, pyrites and some telluroids have been seen. On Claim K-91S this vein outcrops for about a distance of 400 fee-tc At this point an open cut was made and 77 tons of ore taken there from. This ore was shipped to the Canusa Mine in South Porcupine and milled thereo The returns in gold value from this shipment it is stated were $I,250 C 00. It is also stated that full recovery was not made, as an accident during the milling operation, caused the recovery to be only about half what it should have been. Then what is presumed to be the extension of this same vein eastward outcrops on Claim K-3875, at a distance of some 1350 feet from the shaft, with another vein some fifty feet to the north. Assays taken from this outcropping gave only low values. However this does show the continuance of a vein system of some length. The strike of these veins are due East and West, and the dip is about 80 south, Diamond Drilling; Diamond drilling of this vein showed its continuance underground for distance of 1,000 feet east of the shaft, and for a distance of 150 feet west of the shaft, to Q vertical depth of 400 feet east of the shaft and somewhat deeper west of the shaft. The width of the vein varied considerably, in places some five feet in width, in others it was hardly discernable. Values encountered by assaying ranged from a trace to the exceedingly high value of $943,25 per ton* Several now veins vrere encountered by diamond drilling that do not appear on the surface, except possibly as a narrow quartz stringer^ To estimate the tonnage of ore from the results of diamond drilling is not feasible, as it can be seen that the break did not hold a consistent width along its length, and with the discovery of new veins (that is, they do not appear on surfaco) such an estimate cannot be accurately made. Then being without on assay plant, the full length of the diamond drill cores were not assayed, but only in parts that were picked out, parts that showed the occurrence of vein material, only* UNDERGROUND WORKINGS AND EQUIPMENT The Shaft; The headframe of the shaft is of B, C. Fir Timber construction. It is sixty feet high and has been practically rebuilt since March of this year. A cupola has been built on the top of the headframe to keep the snow and ice from forming there on the sheave wheels, this also acts as a safety measure when or for man when engaged in greasing the hoisting cable or when oiling the sheave bearings. The headframe is also tied by heavy guy lines of old hoisting rope. The shaft is of three compartment design

37 and those compartments allow two haulage ways and one manway equipped with ladders, Also in the manway space is provided for the air and water linos that lead to the underground workings., In size the shaft is 7 feet by 14 feet} it is timbered with 8" x 8" B.C. Fir timber of good quality; the design of the framing ensures stability. It is timbered to a depth of 227 feet and sunk to a depth of 250 feet, where a station is to be cut for this level. It also has a cement collar at the surface. Lateral Workings; Lateral work has been done on the 125' level only. From the shaft two crosscuts have been driven, the one north for a distance of 57 feet, where the Porphyry-Greenstone Contact was cut. The other has been driven south a distance of 78 feet, where the Greenstone-Porphyry Contact was cut. From the North crosscut two drifts were started, the ono going East and the other West, These were not continued for some reason or other, perhaps because the samples taken from the drift faces carried low values in gold when assayed. From the South crosscut throe drifts have been driven, one facing West and two facing East. The one closest to the shaft and numbered 101 East Drift was continued for a distance of 37 foot following a very \roak break» when it was discontinued and the drift was then slashed out to make a room for a pumping station. From a point in the crosscut 58 foot south of the shaft, 102 West Drift vas driven a distance of 27 foot, here the vein was lost and no attempt made to find it again. However it can be picked up by swinging the drift a little to the north* No assays were taken from this drift, but it is hardly likely that any values would be found From a point In the crosscut 58 feet south of the shaft, 102 East Drift WGS driven for a distance of 65 feet. This drift has followed a very strong break or vein carrying gold in very persistent quantities. The face of this drift is still in High Grade ore. Samples taken from this drift and afterward assayed gave an average re turn of $45.00 per ton in gold valuer-the highest assay was $ across the drift width it is stated. A bulk sample of ore from this drift sent to the Temiskaming Testing Laboratories of Cobalt gave an average value of $47.74 per ton. The sample contained approximately l~l/2 tons of ore* A further bulk sample containing approximately 1,400 Ibs. of ore has been sent to the Mines Branch at Ottawa for assaying and testing. The results received from the testing of this sample of ore, will decide the type of mill that is to be erect ed on this property. To date no results have been received. Ore Blocked out by Lateral Development; It is estimated that 4,000 tons of high grade ore is now in sight on and above the 125' level of the Mine. This ore ie reputed to have a gold content of $45.00 per ton; this quotation is arrived at by the averaging of the assays received from the drift, backs, bulk muck and surface samples. It is also estimated that at the present time enough ore IB blocked out on this level to successfully operate a mill of SO tons daily capacity for 200 days and to give a return value in gold of $135,000,00, after allowing 25 per cent off for likely values that the tailings from a small mill would contain, also allowing for the fact that a lean spot may occur in the body. It is evident that a sizeable ore vein containing high values in gold is on your property and audits further development. Underground Equipment; Four rock drills are owned by the Company, three of thorn are new,the other is in a good state of repair; all four are of the Ingersoll - Rand N82 type, and are equipped as sinkers and drifters. A supply of air drill'hose and wator hose sufficient for our present needs is also on hand, though this hose is not adaptable for drifting or crosscutting as it is too light in weight, to stand this harder usago. Two sinking buckets aro now on tho property, they are of the chain bail type, the best adaptable for sinking shaft purposes. Those buckets will hold ap proximately 16 cubic foet of rock, when loaded. One new mine car has just recontly been delivered to us. It is of the end and side dump type, and has a load capacity of 20 cubic feet of rock. We also have a Camoron sinking pump, but it is an old obsolete piece of machinery, and does not run 25 per cent of it» s time without being brought up for some minor repair, several times major ones. Further it is not large enought to enable us to pump the mine water out of the workings economically. Other Equipment; In the mine yard a considerable stock of old, out of date equipment le stored. This consists of boilers, hoists, compressors, compressed air receivers and

38 - 5 - numerous other items* I have advocated the sale of this to some scrap dealer, and have been somewhat successful, having got rid of some of this machinery at a good price, more than it was worth* CONCLUSIONS Prom the foregoing pages it can be readily seen that your Mine is in a highly advanced state of development, in fact, bordering on production* The geology of your property Is favourable for a producing mine. The finding and proving of a substantial block of High Grade Ore on the 125' level of the mine, coupled with the results from Diamond Drilling, warrants the further development as recommended below:- Item No* 1 Surface Work; RECOMMENDATIONS That further systematic, intelligent surface exploration be done on your property, ae it is very evident that little or no surface trenching of any account has been done on any of your Mining Claims, with the possible exceptions of Claim K-912 and Claim K-3875 f Item No. 2 - Diamond Drilling; That further exploration of the possibilities of your property bo undertaken by the use of the Diamond Drill. I recommend that at least 2, COO feet of surface drilling be done and also that 1,000 feet of underground drilling be carried out, Item No. 3 Shaft Sinking; That the No* 1 shaft be sunk to a depth of 400 feet immediately, this allowing us to open up two more levels, three all told, at vertical depths of 185 feet, 250 feet and at 375 feet. The other 25 feet to bo used as a sumpit for mine water, which will be pumped out from'there. Item No. 4 Grogscuts: That crosscuts be driven from the shaft both North and South to the North and South Contacts. These to intersect our vein systems,,' Item No, 5 Drifts; That 3,000 feet of drifting be done on these throe levels?,000 feet on each, or 500 feet East and West of the shaft on each level. These drifts to be driven on the veins. Item No. 6 Raises: That two raises be driven up from each level to the one above, one raise on each level on either side of the shaft. Raises to follow the vein upvmrds, this enabling us to get ore blocked out and graded. They are also necessary for ventillation purposes. Item No. 7 Assay Plant; That an assay plant be built, capable of treating 25 samples per day, Item Nft. 8 Blacksmith & Machine Shop Building; That a building be erected to accommodate the blacksmith and machine shop work and equipment. Item No. 9 Flotation Mill; That a mill be erected and machinery installed therein capable of treating 20 tons of ore daily, and machinery that will extract the gold to as high a percentage as possible, leaving as little as possible in the mill tailings. Later on this unit could easily be increased in size and capacity when stoping of the mine would begin, and we more fully knew the mine's possibilities, but for the present we should treat only development ore*

39 - 6 - Recovery from a mill of this uize, treating the grade of ore that have, would well pay our development costs and leave a surplus besides. Item No. JLO^ MineEquipment; That the following purchases be made over a period of time not exceeding 12 months:~ (a) 3,000 feet of each 1" and 2" Victaulic Pipe (Second Hand)* (b) 2 mine cars of specifications to fit our shaft, and 20 cubic ft. capacity. (c) 1 mine cage of specifications to fit our shaft, (d) 2 Rock Drill columns complete with universal couplings and arms, (o) 800 feet of 5/4 inch hoisting cable. (f) 6,000 feet of EO Ib, track rails {Second Hand). (g) That a 6 x 4 x 6 Duplex Pomp "be bought for underground use* COST OF THESE RECOMMENDATIONS AND TIME OF COMMENCING AND OF COMPLETING THEM! 11 emjlg«1 Sur.f a c e Work; To be commenced on May 1st, 1938, and continued until appropriation is spent. allowed $500.00, Iteni No,2 Diamond Drilling; To be commenced January 15th, 1938 and completed on July 15th, Total cost $6,000,00. Item No* 3 Shaft Sinking end.station.cutting; Cost Price per foot. To be commenced on October 15th, 1937 and completed on December 1st, 1937, working three shifts. Price per foot $60,00, Total cost $9, Item No* 4 Crosscuts: To be commenced December 1st, 1937 and completed February 1st, $12,00. Total cost $7,200, Item No,5 Drifts; Cost per foot To bo commenced February 1st, 1938 and completed 2,400 feet on October 1st, Price $12.00 per foot. Total $28,800. complete, Item No, 6 Raises; To be commenced at an opportune time when drifting has advanced far enough to permit the commencing of this operation. Price $1B.OO, Item No. 7 Assay Plant; To be commenced January 1st, 1938 and completed February 1st, 1938, As W3 have some equipment on hand, the price quoted is tentative only, as it is impossible to say how much equipment we have and in what condition it is in at the present timo. Price $2500, Item No. 8 Blacksmith and Machine Shop Building: To be commenced as soon as possible. Price $1,500,00, Item No. 9 Flotation Mill; To be commenced on November 1st, 1937 and completed on January 15th, As it is likely that Flowsheets either DD or EE will be recommended to us, tho cost of the mill complete will be $15,760. (Itemized cost on separate sheet), Item No, 10 Mine Equipment; (a) To bo delivered at the rate of 300 feet of each per month, every month until order is complete, commencing November 15th, Price complete order $800,00

40 - 7 - (b) To be delivered by November 15th, 1937, Price $ (c) To be delivered by November 15th, Price $840,00, (d) To be delivered immediately. Price $148,00, (e) To be delivered immediately. Price $172.00, (f) To be delivered at the rate of three tons per month until order is completed, com mencing November 15th, Price complete order $1,600.00, (g) To be delivered immediatoly. Price $125.00, Monthly expenditures of the period dating from October 15th, 1937 until October 1st, 1938, Those include all supplies, labour, etc. From October 15th, n November 1st, 11 December 1st, January 1st, February 1st; March 1st, April 1st, May 1st, June 1st, July 1st, August 1st, M n tt n n n until October 31st, 1937» $3, November 30th, 1937 *--» U December 31st, 1937 r* , M January 31st, " * - IS, 660, February 28th, , 400, It March 31st, ? 400, II April 30th, *--* , 400, May 31et, g ( Juno 30th, , July 3lBt, Q, I) August 31st, , 370. on September 1st, September 30th, , 370, 00 Total for Year Ending October let, $94, These estimations are high, but must necessarily be made so, because considerable of our present equipment is not dependable or reliable. This is especially so of the two Air Compressors, Recovery from production to offset this expenditure, mill operating at a daily rate of 'BO tons of ore treated from January 15th, 1938 until September 30th, 1938; a total run of 258 days} is a total of 5,160 tons of ore treated. Allowing a discount of 25 per cent in value of grade of ore from what our average assays give, we find the grade of ore to be $33.75 per ton. Therefor total recovery from ore treated during this period would be $174, or a total profit of ($174, minus $94, is $79,370.00), By the time this program is completed, we will have broken approximately 11,000 tons of waste rock and 9,000 tons of ore, or a balance of ore over mill operations of 3,840 tons. However it is probable that we can put through the mill more than the estimate. At any rate it must be remembered that mills have killed more mines than any other single factor, therefor it is better to always be on the safe side. At the finish of this program of Development work, having then had more knowledge of the Mine's possibilities, we hope, an opportune time will then present itself for an increase in the size of the mill, at the same time increased tonnage, and then production for profit, and probably dividends. Respectfully Submitted, R. S, Douglas, M.E., M.C.I.M.M., R. S. Douglas (signed) Manager - Clark Gold Minos Limited, at Dyment, Ontario, Canada,

41 52F09SW83H TABOR LAKE Juno 7, Mrs. E, }.*. Me Lean, ' «1'cLerm and Company, «t. Jiiraos Street,,7., MONTREAL, 4uo. Deer l/.rs, l.'cleon: - I have Just returned from Kenora where I spent two days oin over the Tabor Lake diamond drill core. I sampled what I could of the vein material but for the most part end especially from the important holes, the vein material has nil been removed presumably for assay so that I v/es unoble to do the checking I wished to do. In cddition the core from Holes Nos. 16 end 17 is not on the property so that I v;as unable to check these tv/o important holes. Mr. Lathsra tells me that Mr. Lighthall took nil the records v/ith him about e yenr ego end he also thinks thet the core from Ho. 16 end 17 v;as shipped to either Montreal or Toronto, I am rifreid that it will ba necessary for us to have the assay results from oil the diamond drill core essayed before v:o can make up our minds as to whether or not wo \vould be interested in undertaking a development of the property. This information is, no doubt, In the f33.es sent to Mr* Li hthell and I presume that it is accessible to you. With regard to your Shallow Lake property I made no examination here. The reason for this was that the roads are impassable just nov; due to mud and it would have required two extra days work merely walking in and out to the property. I did not think that you wished to incur this additional expense so I did not visit the claims as arranged. I plan to be in that part of the country again in about a month or six v;eoks end if agreeable to you I v;ill look over the shallow L?.ke group at that time when the roads v/ill be dried out, CLH/SD Yours very truly, SYLVANITE GOLD HINSS, LIMITED {No Personal Liability) EXPLORATION DEPARTMENT

42 E. M. McLEAN & COMPANY C/nveslmenl Q/ecunhes MONTREAL, CANADA PLATEAU 6U1 * 176 ST JAMES ST, W. Sylvanite Oold Minei Limited, Kirkland Lake, Ont. 25th llay, Bear Blr», After discussion with Mr. George? Holbrookf,1 understand that you are ready to make an examination of the property looated at Hyment, Ontario, owed "by Tabor Lake Oold Mines Limited. Should your examination prove eatlefaotory, Tabor Lake Oold Mines Llnited will negotiate an agreement with you whereby if each an agreement is fulfilled you will bring the property into production at a minimum rate of one hundred (100) tone per day, for which you will receive a minimum of sixty per cent (60^) of the present capitalisation of flavor Lake Gold Mines Limited or an increased capitalisation. At a further eon* dlderation, you are to receive out of earnings repayment for all uoney expended in putting the property into euoh production. If at any time you deal re to withdraw from euoh agreement, you may do so on proper notice and you will receive preference eharet of fabor Lake Oold Ulnae Limited at the rate Of forty oentt (iky)'per ehare for all noneye expended up to that time. tt ie underetood that you will undertake the develop* Kent of the property at the earliest possible date and that such development will he carried on with all reasonable despatch. I guarantee that t an able to carry out the above terns.

43 MINK OFFICE: DYMENT, ONT. TABOR LAKE GOLD MINES LIMITED (NO PERSONAL LIABILITY) 276 ST. JAMES STREET WEST MONTREAL, QUE. 13th April, 191*3 PLATEAU 6831 Mr. George Holbrook, c/o Sylvan!te Gold Mines Limited, Kirkland Lake, Ont. Dear Mr. Hoi "brook, As requested, I an enclosing herewith copy of letter which has been mailed to Mr. Joseph Lathara, Watchman at our property at Eyment, Ontario. I have asked Mr. Latham to keep me advised regarding weather conditions "between now and the first of May, which information I will "be pleased to pass on to you when received. Thanking you for your courtesy in examining our reports and for your proposed visit to our property, Secretary, Tabor Lake Gold Mines Limited Encle.

44 '' * COPY TABOR LAKE GOLD MINES LIMITED (NO PERSONAL LIABILITY) MINE OFFICE: 2 76 S T J AMES STREET WEST PLATEAU 6831 OYMENT, ONT. MONTREAL, QUE. 13th April, 19U3 Mr. Joseph I.atham, o/o Clark Gold Mines Limited, Dyraent, Ont. Dear Mr. Lathaw, Mr. George Holbrook, of Sylvanite Gold Mines limited, expects to go to Uyraent to examine our property some time during the early part of May* Pleaec extend to Mr. HolbrooK all the co-operation possible during hia visit to the property. Yours very truly, TABOR LAKK OOLU MINKS LIMITED per «E. M. McLean SSCHWASY XMM/U

45 TABOR LAKE GOLD MINES LIMITED (NO PERSONAL.LIABILITY) MINE OFFICE: 2 76 g T J AMES STREET WEST PLATEAU 6831 DYMENT. ONT. MONTREAL, QUE. 26th April, Mr. George Holbrook, c/o Sylvanite Gold Mines Limited, Kirkland lake, Ont. Dear Mr. Holbrook, Following ray letter to you of April 13th, we now have word from our watchman, Mr. Joseph La than, stating that while they h&d a heavy snowstorm in that district about the middle of the month that the snow is now going away very fast. Mr. Latham also states that you could go over the property any time, as it is so near the highway, excepting for ten miles of a passable road that he drives back and forth on all the time, and that if you will send word to him as to the date of your arrival, he will meet you at the train and drive you direct to the property. I will be pleased to hear from you further as to when you expect to leave. Yours very truly, Secretary, Tabor Lake Gold Mines Limited.

46 TABOR LAKE GOLD MINES LIMITED (NO PERSONAL LIABILITY) MINE OFFICE: 2?6 S T J AMES STREET WEST PLATEAU 683! DYMENT, ONT. MONTREAL, QUE. Mr. George Holbrook, c/o Sylvanite Gold Mines Limited, Kirkland Lake, Ont. Dear Mr. Holbrook, We are enclosing herewith further information regarding our Dyment property in the Kenora district, v/hich we trust will be of assistance. You asked for the location of d.d. holes Nos. lu and 15. We are sending you another copy of the log of drill cores which contains the in formation regarding d.d. holes 1, 3, H, 5, 6, 7, g, 9, 10, 11, 12, 13, 15, 16, 17 and 18. We do not see any mention of drill hole No. lu on this map, although, according to the log, it should be on K-912 eight hundred feet north of the bunkhouse. After a very thorough search, I regret to say that I have been unable to find any particulars of the survey plan, although we have Mr. McMeekin's letter on file in which he enclosed the plan. Mr. W. S. Lighthall was President and Manager at.the time that the letter with the plan enclosed was received and, so far, I have not been able to locate it. No doubt Mr. McHeekin, the O.L.S., at Kenora, would send us a map if this is necessary. We are also sending you a report of the Ore Dressing and Metallur gical Laboratories on shipment of 26 bags, 1,3 0 Ibs., which was shipped September 10, 1937» also a copy of an assay made by Thos. Keys & Sons from a large sample of ore which was taken from the 125. ft. level. In going through the files I found a large file of assays but, as these are originals, I would rather not send them through the mail, particularly as the log on drill holes you already have may be a recap, of the information contained in this file. However, you can examine it the next time you are in Montreal, if you care to do so. it. Will you please return the blue print when you have finished with Secretary, Tabor Lake Gold MJLneT"Limited EMM/M

47 May 10, 194% Mrs. B«I»t. McLeon, Suite 501, 2?6 st, James Street, W,, MONTREAL, Quo, Door fv'.rs, McLean: Thank you for your letter of May?th v/ith enclosed information concerning Tabor Lake Gold Llines* I note what you soy regarding the Survey Plan and if 'necessary I can obtain one through Mr. McMeokin. In your letter you inention that you are enclosing copies of Drill Logs for holes Nos. 1 to 18 inclusive, except Nop 2«The logs as received do not include Nos. 16, 17 and 18. I am returning to you all the data sent v/ith your letter end thank you very much for this additional information. GLH/SD Enols. Yours very truly, SYLVANITS GOLD MINES, LIMITED {No Personal Liability) EXPLORATION DEPARTMENT Supe rlntendent.

48 TELEPHONE PLATEAU 9O73- CABLE ADDRESS TREVENECH October 19th Geo. L. Holbrooke, Esq., Sylvanite Gold Mines Limited, Kirkland Lake, Ont., My dear George :- Could you return immediately, all the data which we supplied to you in the matter of Clark and Tabor Lake Gold' Mines? x jerely yours,

49 Ootober 23rd, Mr. Rene Chenevert, 2?6 St. Jaiies Street West, MONTRML, Quebec. Dear Rene: As requested in your letter, I am enclosing all of the data I have on the Clark Gold and Tabor Lake. All of the maps were sent baok to Mrs. MoLean some time ago and there is now nothing in my file on this property that should bo returned. I hope that this is the material that you require, Yours very truly, SYLVANITS GOLD MINES, LIMITED, (No Personal Liability) EXPLORATION DEPARTMENT OLH/MO Encls. Superintendent.

50 TELEPHONE PLATEAU 9O73- CABLE ADDRESS TREVENECH ^Sst October?6th L. TTolbrooke, Esq., P.O.Box 670, KIRKLAKD LAKE, Ont., Dear George :- I r eceived your letter October with enclosures and I thank you very much for same, YotflSs^sincerely,

51 Objm To Merger Tabor Lake-Pantan A group of Tabor Lake Gold Mines shareholders were unsuccessful In their bid to block a proposal calling for amal gamation of the company with Pantan Mines under a new company which would be known as Consolidated Tabor Mines. Amalgamation would be on a share for share basis for both companies with Con solidated Tabor's authorized capital established at 6,000,000 shares. The bid to stymie the proposal, presented to a special general meeting last week, was led by Toronto lawyer, T. P. O'Connor, representing Clark Gold Mines which holds 680,000 shares of Tabor Lake. Clark Gold's proxy had been delegated to Mr. O'Connor, but before voting was held on the proposal it was ruled to be Invalid by Tabor president, J. N. Plexman. Mr. Plexman based his ruling on written evidence submitted to him at the meeting by lawyer G. D. Scott, also a Tabor share holder, and which was deemed to be sufficient to invalidate the Clark Gold proxy. Mr. Plexman refused to divulge the con tents of the submitted evidence In spite of repeated requests to do so by Mr. O'Connor. In Good Standing Earlier, Mr. O'Connor read out a letter from the associate assistant secretary of Quebec province which declared that Clark Gold was a Quebec Incorporated company in good standing with the provincial secretary's office.. In opposing the amalgamation proposal at the meeting's outset, he said there was no way to evaluate Just what the financial position of Pantan Mines was from the proposal as outlined with a letter to shareholders. He said copies of the proposed agreement contained no audited statements of the affairs of either company. Mr. O'Connor quoted the Canadian Mines Handbook as showing Pantan's financial position at Mar. 1, 1962, as $90 cash against current liabilities of approximately $35,000. He also suggested that Mr. Plexman, who Is president of both Tabor Lake and Pantan, had exchanged letters with himself In connection with the transfer of $50,000 In trust certificates from Tabor Lake's treasury to Pantan. These funds were in the nature of a 5-year loan at 6 % interest. Later a special meeting of Tabor directors I extended the repayment period to 10 years. ( The loan was indicated to be in connec tion with further work proposed by Platan on a gold prospect In Melgund Twp., Kenora area. The group was leased to Pantan in 1957 in return for 40 c/r of any net profit resulting from production. Mr. Plexman denied he had sent letters to himself as president of both companies in connection with the deal. Share Issue Queried. Questioned about the Issuance of some 500,000 shares of Tabor this year, Mr. Plexman told Mr. O'Connor this was not relevant to the motion before the meeting. In answer to further questioning, he de clined to give the reasons why, or to whom, the shares were Issued. Mr. O'Connor moved that the meeting be adjourned until adequate details of both companies' financial positions were placed before the shareholders. He added that shareholders had no indication of how they would benefit from the proposed amalgamation. Following invalidation of the Clark Gold proxy, the motion to adjourn the meeting was defeated, and the, proposal to amalgamate approved. fo&, 9 g ^ Medallion Forfeits Full Title Held By Tabor R. P., Rhlnelander, Wise. Ever since its Incorporation in May, 1964, Medallion Mines has been in debt to the tune ol around $80,000. It is now without property and, to add to its difficulties, without a board of directors. Its leased gold prospect in Melgund Twp., Kenora area of North western Ontario, has reverted to Tabor Lake Mines; its 1-claim feldspar prospect near Sudbury was given to a debtor In settlement of money owed; its 9-claim cobalt-silver prospect in Van Nostrand Twp., Northern Ontario, has reverted to the Crown. Following all this, In Decem ber last G. L. Klrwan resigned as president and director. He recommended that both fellow-directors do likewise, and this they did. Medallion's problems stem from diffi culties encountered in arranging an under writing, Mr. Kirwan tells The Northern Miner; also from the fact that the com pany's registration as a security issuer was suspended by the Ontario Securities Com mission in The original promoter, J. N. Plexman, Is no longer active in Toronto mining circles and Mr. Klrwan ieels he himself should stay out of pro moting in order to devote more time to his private practice as a consultant geologist. Being saddled with a $80,000 debt from the outset likely also had some thing to do with Medallion's difficulties. Tabor Lake now holds full title to the Melgund Twp. gold prospect Instead of a 40% interest in profits, if any, but against this is that it loses claims to $50,000 owed It by Medallion. It is holding on to the property and has sufficient funds for it to do so for some little while, we are advised, but has no immediate plans for doing anything with it. The property has on it a mill building which has not been used since 1960, at which time Pantan Mines j one of Medallion's predecessor companies j operated it at 16 to 18 tons per day for a brief period while it milled development j rock stockpiled on surface. Original owner of the property was Clark Gold Mines. Clark's fortunes are tied to those of Tabor Lake in that it Is without funds or property and has as its only asset a controlling block of 980,000 Tabor Lake shares from the 2,465,430 Court Decision A.'' f/ V For Clark Gold A legal battle that has persisted since July, 1962, was settled last week when the courts found In favor of Mrs. E. M. McLean of Clark Gold Mines against James N. Plexman of Tabor Lake Gold Mines. The case began In 1962 when the direc tors of Tabor Lake Gold Mines proposed an amalgamation of that company with 1 PanJan Mines. At the shareholders meet- Ing, Clark Gold Mines, holding 980,000 shares of Tabor Lake, voted against the amalgamation. Mr. Plexman, chairman of the meeting and president of Tabor Lake ruled the proxy of Tabor Lake invalid and the motion passed in favor of the amalga mation. T. P. O'Connor, counsel for Clark Gold and Mrs. McLean questioned, at the meet- Ing, a granting of 534,570 shares to J. E. Spalding, then secretary of Tabor Lake. The meeting was adjourned lor three weeks on the motion of Mr. O'Connor and when it reassembled on Aug. 13, 1962, the amalgamation was no further ahead. At this meeting, the company was also ques tioned by Mr. O'Connor on 224,215 shares, ; held In trust for Clark Gold Mines, that. were Issued by the directors. Following this meeting Mrs. E. McLean, 1 on behalf of Clark Gold Mines obtained > an injunction against the amalgamation and the Issuance of the block of 534,570 shares. Last week, the Hon. Mr. Justice Hughes, ruled that the amalgamation proposal was Invalid, that the issuance of the 534,570 shares to Mr. Spaldlng was Invalid, and that the 324,216 shares that were to be granted by the directors were the property of Clark Gold Mines. At a meeting of the board of directors of Tabor Lake, held on Feb. 20, 1964, Mr. Plexman resigned as president to be re placed by W. R. L. Torrance; F, J. Ainsborough resigned as vice-president and director to be replaced by C. M. Long- '. botham and J.. Spaldlng resigned as i secretary and director to be replaced by j Mrs. McLean. I