GEOLOGICAL REPORT ON THE RIVER VALLEY PROJECT · Earlier work recognized magma mixing zones...

GEOLOGICAL REPORT ON THE RIVER VALLEYPROJECT

Loughrin Property

Sudbury Mining Division Ontario

Prepared for PLATINUM GROUP METALS LTD.

November 16, 2001

Prepared byWalter Hanych

Independent Geological Consultant

41I09SW2006 2.22449 LOUGHRIN 010

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Table of Contents

Summary ...........................................................................................................................................................................2Acknowledgements...........................................................................................................................................................^

I.0 Introduction and Terms of Reference........................................................................................................................... 3

2.0 Location and Access.................................................................................................................................................... 3

3.0 Property Description and Tenure.................................................................................................................................. 3

4.0 Physiography and Climate ...........................................................................................................................................4

5.0 Infrastructure...............................................................................................................................................................^

6.0 History.......................................................................................................................................................................... 5

7.0 Geological Setting........................................................................................................................................................67.1 Regional Geology......................................................................................................................................... 67.2 Regional Economic Geology ........................................................................................................................6

8.0 Deposit Type................................................................................................................................................................ 78.1 Platinum Group Elements (PGE) and Exploration Model.............................................................................. 8

9.0Previous Work ..............................................................................................................................................................8

10.0 Exploration.................................................................................................................................................................910.1 Project Area Rock Types............................................................................................................................ 910.2 Results and Interpretation ........................................................................................................................ 10

10.2.1 Geology....................................................................................................................................... 1010.2.2 Mineralization .............................................................................................................................. 1110.2.3 Conclusion................................................................................................................................... 1210.2.4 Analytical Data ............................................................................................................................ 12

10.2.4.1 Conclusion.................................................................................................................... 13

II.0 Sampling Method and Approach.............................................................................................................................. 1412.0 Sampling Preparation and Security.......................................................................................................................... 1413.0 Data Corroboration................................................................................................................................................... 1414.0 Recommendations................................................................................................................................................... 15

15.0 References............................................................................................................................................................... 16Certificate of Qualifications .............................................................................................................................................. 17

Figures

Figure 1 Detail Location Map .........................................................................................................................follows page 3Figure 2 Claim Map Project Area ...................................................................................................................follows page 4Figure 3 Loughrin Property, Geological Compilation Map................................................................................. Back Pocket

Appendices

Appendix 1....................................................................................................... Rock Sample Descriptions - Loughrin 2001Appendix 2................................................................................................................. Rock Sample Assay Summary TableAppendix 3...............................................................................................................................................Assay Certificates

W. Hanych PGM Loughrin Report Page l November 20, 2001

SUMMARY

Platinum Group Metals Ltd. initiated a land acquisition program in 2000 that targeted the River Valley intrusion and satellite intrusions, establishing the company as a major player in the area. The River Valley intrusion is regarded as having a high mineral potential for hosting PGE (platinum group elements) mineralization. Since 1998 it has been the focus of PGE exploration by Pacific North West Capital Corp/Amplats, Mustang Minerals Corp/lmpala Platinum Holdings Limited and more recently by Aquiline Resources Inc, International Freegold Mineral Development Inc, and Canalaska Ventures Ltd.

Platinum Group Metals Ltd's on going exploration of the River Valley intrusion identified several areas that are geologically favourable for hosting PGE mineralization. Some of these areas were targeted on the western limbs of the RVI. Earlier work recognized magma mixing zones containing sparse sulphide mineralization, from which samples returned encouraging results. Beyond these areas, several of the other properties acquired by the company are either located in intrusive bodies of geological similarity to the River Valley intrusion and are spatially associated to the River Valley intrusion. In this respect the Summer 2001 program was initiated to evaluate areas that were not investigated during the 2000 program.

During a period in the summer of 2001 Platinum Group Metals Ltd. undertook a reconnaissance program of its Loughrin Property located in Loughrin Township, Sudbury Mining Division. The program consisted of mapping and sampling the River Valley Intrusive underlying claims 1229480 and 1229481. Approximately 8007o of the bedrock within these claims had been recognized by previous studies as RVI rocks. The 2001 program confirmed the presence of RVI suite of rocks as a major bedrock lithology, however significant sulphides mineralization was not encountered and contact breccia zones were not observed.

Acknowledgements

The author of this report would like to thank Frank Racicot for his capable field work and assistance in the preparation of this report, Dennis Gore Vice President of Exploration, Platinum Group Metals Ltd., for his suggestions and Ralph McGreevy for generating the CAD maps and figures.

W. Hanych PGM Loughrin Report Page 2 November 20, 2001

1.0 INTRODUCTION and TERMS of REFERENCE

During the spring of 2000, Platinum Group Metals Ltd. (PGM Ltd) a public corporation based in Vancouver, British Columbia secured the mineral rights to properties in the River Valley area of northeastern Ontario. The land acquisition covered portions of the River Valley Intrusive. The River Valley intrusive has been determined to host a favourable geological environment for concentrating platinum group metals. The intrusive is currently subject to extensive exploration for Platinum Group Metals (PGEs) with essentially all the area known to be underlain by rocks of the River Valley intrusive having been staked. Several zones of PGE mineralization have been discovered to date, the most notable of which is the Dana Lake and Lismer's Ridge Zone undergoing exploration by Pacific Northwest Capital/AMPLATS joint venture.

The author of this report was retained as independent consultant to undertake an initial evaluation of Platinum Group Metals Ltd. land holdings. A program of reconnaissance level geological mapping and sampling was conducted between August 1 st and September 14th , on the Loughrin Property. The following report is based on field information and data personally collected by the author and assistants as a result of this program. Approximately 7507o of the total land holding in Loughrin Township was examined during this period.

This report documents the findings of the program and serves as a technical manuscript for filing submissions to regulatory authorities. The author does not hold any interest direct or indirect in the securities of Platinum Group Metals Ltd., nor does he expect to receive any.

2.0 LOCATION and ACCESS(See figure 1)

The Loughrin Property is situated 45 kilometers northeast of Sudbury, Ontario within NTS sheet 41INE. The center of this property of 2 contiguous claims is located at UTM NAD 27 coordinates 539 950E and 5 162 150N.

Access to the area can be gained by traveling along highway 535 north of Hagar, Ontario for a distance of 19 kilometers, to the intersection of a southwestward heading gravel road. Traveling along this road in a general west-southwest direction for 6.2 kilometers reaches the eastern boundary of claim 1229480. The claims are further accessed by trails suitable for ATV transportation.

3.0 PROPERTY DESCRIPTION and TENURE(See figure 2)

PGM Ltd. acquired the mineral rights on crown land in Loughrin Township by optioning two unpatented mining claims from vendor Frank Racicot. The claims are situated within the jurisdiction of the Sudbury Mining Division and recorded with the Mining Recorder's Office, in Sudbury, on the claim map G 4075 as claims 1229480 and 1229481.

The claims are summarized below:


SudburyIntrusiveComplex

Sudbury

LEGENDSudbury Intrusive Complex

River Valley Intrusion

Grenville Front

Southern Province

Scadding Twp.

Davis Twp.

.'t

Street Twp.

Janes Twp.

Racicot Loughrin Property

Henry Twp.

SCALE 1:200,0002.5 0.0 2.5 5.0•M—f

KILOMETERS

7.5

PLATINUM GROUP METALS LTD.SUDBURY MINING DISTRICT. ONTARIO

Figure 1

Racicot Loughrin Property

Location Map

SCALE: 1:200,000 GEOLOGIST: 0. GORC

DATE: NOVEMBER 2001 DRAW BK R. McGREEVY

Table AClaim No Units Hectares Min title

1229480 15 256 Option1229481 15 256 Option

The property consists of the two 3x5 unit unpatented mining claims identified above and total 30 units amounting to 480 hectares.

The company holds a 10007o mineral interest in these claims subject to a net smelter return (N.S.R). The claims were staked in 1998 and are in good standing. At their anniversary date of November 25th , to be in compliance with the Ontario Mining Act a minimum of S400A-init of eligible expenditures are required to be applied. 1

As of the date of this report, the landholding is not known to be encumbered by any environmental issues, nor are any of the Crown lands known to be subject to or affected by the Ontario Living Legacy Land Use Strategy or First Nations land claims. The author has not conducted a detailed search of any treatise, land claims or crown reservations that may affect future title.

The Ontario Mining Act allows for mineral exploration to be conducted on mining claims without approval or permitting, with the exception of power stripping and trenching. Merchantable lumber is required to be harvested prior to any power works undertaken, and if overburden or bedrock material removed exceeds 10,000m2 in area or 10,000m3 in volume the property is subject to Advanced Exploration permitting. PGM's exploration program did not advance to this stage.

4.0 PHYSIOGRAPHY and CLIMATE

Local topographic relief is about 40 meters with elevations ranging from 260 to 300 meters above sea level. The last glacial ice sheet, the Luarentide, occurred 20,000 years ago and modified the topography to its existing state. Moderately rugged and steep bedrock cliff faces occur on northern exposures of high terrain, while the low-lying areas are typically swamp or spruce bog. Faults and recessively weathered linear geological features have influenced the stream and river drainage.

Vegetation is typical of a mixed forest where birch, poplar, pine are the dominant species in the higher drier areas. Spruce, tamarack and cedars occupy the moister-wetter lands.

This part of Northeastern Ontario experiences hot, wet to dry summers with high's reaching 32"C in July and cold winters with low's of -28"C in January. Annual precipitation is in the order of 880 millimeters.

5.0 INFRASTRUCTURE

1 Ontario Mining Act, Revised Statutes of Ontario, 1990, Chapter M. 14, Ontario Regulation 6/96, section 2.


Davis Township

Loughrin Township

Racicot Loughrin Property,

Mining Claim MapLoughrin Township

Sheet G-4075

SCALE 1:25,0000.0 0.5 1.0

KILOMETERS

Dwg Title: Racfcot-Loughrin-CUiiniMap-NovU-OI.Dwg

Mining Claim Map Davis Township Sheet G-3182

1229196

Platinum Group Metals Ltd. - 100%

Racicot Loughrin Property(Option Agreement - Oct. 1, 2000)

Brady-Henry Property(Part of Option - May 12, 2000)

Brady-Davis Add On Property(Staked during 2000, Subject to 2% NSRas per Mar. 29, 2000 Option)

Brady-Janes Property(Option Agreement - May 12, 2000)

in lCST

b;CO

1227640

1236705

PLATINUM GROUP METALS LTD.SUDBURY MINING DMSION, ONTARIO

_____North Loughrin Township^^^^^

Racicot-Loughrin Property Claims Map

SOUS: 1:25,000DATE: NOVEMBER 2001ED/TED: NOV. 14. 2001

: o. GORCORAHN BK R. McGREEWPHK See Title at Loft

The property is strategically situated between two major population centers of Northeastern Ontario; Sudbury population 150,000 and North Bay population 52,000. Sudbury is a major mining center as well as a major government, transportation and educational center for the region and northeastern Ontario. The mining infrastructure for mineral resource development and processing include the sizeable operations of International Nickel Company and Falconbridge Limited. Laurentian University and the Ontario Geological Survey located in Sudbury, provide industry with high quality geological and mining support.

The area is easily accessed by a network of paved and gravel roads and trails. Highway'17 and the CPR main line are major east-west transportation arteries. Air service with Toronto is provided daily and smaller aircraft for local transportation can easily be obtained from numerous charter companies.

6.0 HISTORY

The Sudbury area has continually been explored for Cu-Ni deposits since the late 1800's. Since 1899 when nickel production began in Sudbury over 52 mines have contributed to meet the world demand for the metal. This demand peaked when the production from Sudbury accounted for 6507o of the non-communist world supply. Although the operations in Sudbury have been scaled down, the Sudbury Igneous Complex retains its importance as a major geological feature of economic significance.

Between 1994 and 1996 exploration interest was being directed at the Proterozoic intrusives that form the Huronian-Nipissing Magmatic Belt for their PGM (platinum group metals) potential.

After 30 years of sporadic exploration of the East Bull Lake intrusive, and with the rescinding of the staking moratorium imposed on it by Atomic Energy of Canada, the intrusive became the focus of PGE exploration. By 1998, several companies acquired ground in the areas of the East Bull Lake and Agnew lake intrusions and initiated PGE exploration. During this period, the anorthosites in Street Township were recognized by the Ontario Geological Survey as possessing PGM potential. This potential was also extended to the River Valley intrusive complex. 2 Subsequent to the publishing of the OGS report a very competitive land acquisition program followed. This culminated two years later when all of the anorthosites that were related to the River Valley intrusive were staked or acquired by the mining sector. Currently the area is subject to extensive exploration for PGE's, with two of the largest PGE exploration programs in the RVI being those of, Pacific Northwest Capital l AMPLATS joint venture and the Mustang Minerals l IMPLATS joint venture.

In early 2000 the area attracted the attention of PGM Ltd. With an exploration mandate to acquire priority targets in the River Valley area, the company launched an aggressive land acquisition program based on the identification of:

1. Unstaked River Valley intrusive.2. Private land holdings that covered River Valley intrusive.3. Acquisition of "River Valley type" satellite anorthosite bodies.

This land acquisition program, besides being spearheaded by the known geological setting of the River Valley intrusive, was also guided by the surficial sediment survey conducted by the OGS in 1999, as well as the results of the airborne geophysical survey undertaken by WMC International in 1995-1996.

2 Easton, M. 1995. Grenville-Southern Province Relationships in Street Township; in Summary of Field Work and Other Activities, Ontario Geological Survey, Miscellaneous Paper 166, p66-69.


7.0 GEOLOGICAL SETTING

7.1 Regional Geology

The main body of the River Valley intrusion is situated 50 kilometers east of the Sudbury Igneous Complex, occurring in proximity to the junction of the Superior, Southern, and Grenville Structural Provinces. The River Valley intrusion forms part of the Huronian-Nipissing Magmatic Belt, which includes the East Bull Lake and Agnew Lake intrusions to the west.

The River Valley Intrusive (RVI) is a layered mafic complex of a gabbro-anorthosite body encompassing a land area of approximately 250 km2 . It is located within the Grenville Front tectonic zone and has been age dated at 2475 Ma. The property occurs in the area of the western portion of the River Valley intrusive in Loughrin Township where its geometry is defined by east-west trending arms or fingers splayed off the main body 10-15 kilometers to the east.

The Grenville Front Tectonic Zone including the Grenville Front Boundary Fault is a complex zone several kilometers wide of major shear zones characterized by northeasterly trending, southeasterly dipping, highly deformed rocks that generally exhibit a tectonic layering. Metamorphic grade ranges from greenschist to amphibolite facies. The effects of the Grenville Orogeny are manifest in the River Valley intrusion within the project area by the presence of high strain regional gneissic banding, localized mylonitic deformation zones, recrystallized and whitened feldspar grains, development of amphibole after clinopyroxene and intense foliation-schist development. Preserved portions of the intrusion contain grey feldspar (Fe-Ti oxide inclusions), primary magmatic layering and igneous cumulate textures.

7.2 Regional Economic Geology

The Sudbury Igneous Complex host's nickel-copper deposits that form the largest economic concentration of Ni metal in the world. Currently annual production accounts for 13 07o of the global output of nickel. In the past, the Sudbury deposits have also been Canada's largest producers of platinum group metals as a result of the by-product of nickel-copper production. Approximately 20 million-oz of platinum group meals have been refined from the residue of the nickel-copper ores.

Buoyed by high PGE prices with the rising global objective to meet vehicle emission standards, and as inventory levels drop the exploration for PGE deposits has significantly increased. This demand has been responsible for the recognition and continued exploration of new PGE environments identified at Lac des Iles, East Bull Lake, Agnew Lake, and River Valley, as well as the re-evaluation and exploration of the Sudbury Igneous Complex and associated Offset Dikes. Copper nickel occurrences associated with the contact between Nipissing Gabbro and Huronian sediments have also been targeted.

Besides INCO and Falconbridge continuing their ongoing exploration of the Sudbury Igneous Complex, the areas west of Sudbury, the East Bull Lake and Agnew Lake intrusions are being explored by Mustang Minerals Corporation, Pacific North West Capital, New Millennium Metals and Freewest Canada Ltd.

Portions of the Nipissing Gabbro between Lake Wahnapitae and the River Valley intrusive are under exploration by Pacific North West Capital, Anglo American Platinum, Canalaska Ventures Ltd., Consolidated Venturex Holdings Ltd. and International Freegold Mineral Development Inc.


The RVI is regarded as having a high mineral potential for hosting PGE (platinum group element) mineralization. Since 1998 it has been the focus of PGE exploration by Pacific North West Capital Corp/Amplats where in October 2001 the companies released the results of their drilling outlining a 593,000 ounce TPM (total precious metals Pt+Pd+Au) resource. In subsequent news Anglo American Platinum Corporation Limited announced their intention to carry on with a phase 5 S2.25 million program. Mustang Minerals Corp/lmpala, Aquiline Resources Inc, International Freegold Mineral Development Inc, and Canalaska Ventures Ltd.are also active in the area.

The Ontario Geological Survey and Laurentian University undertook a joint mapping program of the RVI. Based on their work and that of Pacific North West Capital, Cu-Ni-PGE mineralization in the RVI occurs in a contact breccia zone related to footwall, in a chaotic assemblage of fragments ranging in composition from felsic to ultramafic, contained in a host rock of gabbronorite (super solidus breccia-type). Mineralization also occurs in inclusion zones of hybrid rocks as a result of magma mixing. Sulphides in these zones occur as disseminated bleb and semi-massive, chalcopyrite, pyrrhotite and pentandite. Values of greater than 10g7tonne PGE have been reported from mineralized outcrop.3 Remobilization has also concentrated PGE in recrystallized sulphides associated with quartz fractures.

In response to the numerous PGM occurrences being identified in the River Valley intrusive, the OGS undertook a geochemical study of surficial sediments in 1999. The objective of the program was to identify areas of mineral potential by evaluating the response of different sampling media. The culmination of this work was presented in Open File Report 6010. The conclusion to this study identified that the B-horizon soils and C-horizon tills provide an effective tool for Pt and Pd exploration.

8.0 DEPOSIT TYPE

The objective of the exploration program was to identify mineralized areas based on the following modes of occurrence:

1. Contact mineralization associated with footwall breccia and inclusion bearing zones proximal to the contact, (super solidus breccia type).

2. Magma mixing resulting in hybrid or inclusion bearing zones mineralized with sulphides, (super solidus breccia type).

3. Disseminated-massive magmatic sulphide deposits resulting from the sulphidization of magma, (reef type).

3 Hrominchuk J. 1999. PU99-07: Geology, Stratigraphy and Copper-Platinum Group Element Mineralization of the River Valley Intrusion, Dana Township; in Ontario Geological Survey Open File Report 6000, Summary of Field Work and Other Activities 1999, Part 31, p31-4.


8.1 Platinum Groups Elements (PGE) Exploration Model

The platinum group elements (or PGEs) include platinum, palladium, osmium, iridium and ruthenium. These elements are concentrated in a variety of geological settings with the most dominant PGE deposits occurring with mafic to ultramafic intrusions.

The two principal types of magmatic PGE deposits are:

i. The most important type consists of reef-type or stratiform PGE deposits, such as the Merensky Reef and UG-2 chromitite layer of the Bushveld Complex, South Africa, and the J-M Reef of the Stillwater Complex, Montana.

ii. The second type, referred to as "super solidus breccia" type (SIB type), is exemplified by the Lac des Iles deposit near Thunder Bay, Ontario and possibly the River Valley PGE mineralization near Sudbury, Ontario.

Reef and supersolidus intrusion breccia-type PGE deposits share a number of geological features, but they contrast with each other in several important respects. Reef-type deposits occur as conformable zones within specific layers in large layered mafic to ultramafic intrusions, such as the Bushveld and Stillwater complexes, extending for tens to hundreds of kilometers. The super solidus intrusion breccia-type deposits such as at Lac des Iles, form irregular crosscutting zones associated with pegmatoidal mafic and ultramafic phase in funnel shaped bodies thousands of meters in size. These intrusion forms complex chaotic zones of breccias containing an enriched Pt and Pd matrix.

Genetic models for PGE-dominant deposits involve both magmatic and volatile-related phases. A current model for reef-type deposits invokes injection of a plume of new mafic sulphide enriched magma into a large, density-stratified magma chamber. During the subsequent turbulent mixing, minor amounts of immiscible sulphide liquid separate and scavenge PGEs from the host magma. With further cooling and crystallization, the PGE- enriched sulphides descend to the base of the intrusion, forming a PGE-rich layer, the PGE reef. Pegmatitic textures and hydrous minerals common to PGE reefs are likely products of excess volatiles produced by the crystallization of associated volatile-rich phases in the magma.

The genetic model for the SIB-type mineralization at Lac des Iles also relies on magma mixing. According to this model, mafic bodies enriched in PGEs are emplaced in the host complex near its margins and mix with volatile-rich magmas, brecciate the country rock resulting in the precipitation of PGE-enriched sulphides

9.0 PREVIOUS WORK

Historically Loughrin Township has seen limited exploration reflected by the dearth of assessment filings and mineral prospects. Outlined below is a list of relevant work that included the property portion of Loughrin Township.

1. 1940-1950, Jefferson I., drilled several short holes in west central Loughrin for uranium mineralization.2. 1973, OGS, Lumbers mapping and compilation of River Valley area resulting in publishing of map P-844.3. 1995, WMC International Limited, geochemical, geological, airborne and ground geophysical

reconnaissance surveys of for massive sulphide mineralization of a large land holding that included parts of Loughrin Township.


4. 2000, Ontario Geological Survey, Regional geochem survey of distribution of platinum, palladium, gold, kimberlite indicator minerals and base metals in surficial sediments in the River Valley area.

10.0 EXPLORATION

The summer 2001 exploration program consisted of reconnaissance level geological mapping and rock chip sampling. During the course of the program approximately 150 outcrops were mapped and 39 rock chip samples were submitted for analysis.

10.1 Project Area Rock Types

The nomenclature used to describe the rock suite of the River Valley intrusion was adopted from the OGS (Ontario Geological Survey) field terms for gabbroic rocks based on visual estimates of the percentage of mafics to felsics:

ROCK NAME MAFIC Vo

Anorthosite Oto^O Leucogabbro 10 to ^5 Gabbro 25 to ^5 Melanogabbro 55 to ^0 Ultramafic 90 to 100

The following list identifies the rock classification that was utilized for field mapping during the Summer 2001 exploration program.

Feldspar Pegmatite DikePegmatitic feldspar often containing biotite books.Late Gabbro DikesDark grey, fine grained with compact grains of dark grey feldspar and pyroxene. Usuallycontains 307o-5 07o fine grained magnetite.ParagneissPink, equigranular containing 1007o-30 07o biotite, 1007o quartz and 6007o-8007o feldspar. Magnetiteis often associated with this unit. Commonly displays complex fold patterns, small scale dragfolds and stretched fabric.Alkali Granite gneissPink to grey-white, coarse grained to pegmatitic often containing feldspar augen.UltramaficUltramafics occur as two types:

1. Amphibole-hornblende schist. Often rusty and crumbly.2. Opx pyroxenite; Dark green to black felted mass of amphibole - uralitized pyroxene,

containing 10 07o-3007o, 1-5cm oikocrysts of bronzite ranging from 1-5 cm equates to websterite.

RIVER VALLEY SUITE AnorthositeLeucocratic, fine-very coarse grained composed of plagioclase feldspar with ^007o black- blackgreen amphibole (hornblende), varitextured. LeucogabbroLeucocratic fine-very coarse grained composed of plagioclase feldspar containing 1007o to less than 25 07o amphibole. Varitextured, cumulate texture and intercumulate amphibole megacrysts-aggregates, commonly chloritized and displays magmatic layering. GabbroMedium-very coarse grained with amphibole megacrysts and a range of mafic mineral content from greater than 2507o to less than 5507o. Probably the most common rock type encountered.


Deformed gabbro displays prominent gneissic centimeter-decimeter scale banding. May alsodisplay cumulate textures and primary magmatic layering.MelanogabbroDark fine-medium grained with a mafic mineral content ranging from greater than 5507o to lessthan 9007o. Highly deformed equivalents exhibit intense foliation and development to schist.GabbronoriteA leucocratic to mesocratic, equigranular medium grained rock composed of 6007o plagioclasefeldspar, 2007o-30 07o orthopyroxene (bronzite) and 1007o-20 07o clinopyroxene. Orthopyroxeneoccurs as stubby crystals or grains greenish-brown in color.Olivne GabbronoriteA medium grained mesocratic rock containing pitted cores resulting from the weathering ofserpentinized olivine often displaying a coronitic texture of rims orthopyroxene-pyroxene-amphibole.

10.2. RESULTS and INTERPRETATION

10.2.1 Geology(See figure 3 pack pocket)

The RVI on the property occurs 1000 meters south of the Grenville Front within the Grenville Front Tectonic zone and appears to have been subjected to regional metamorphism at the upper amphibolite facies. The intrusive trends in general northeast direction within the claim block and then swings eastward beyond the eastern claim. It averages 1400 meters in width and constitutes 8007o of the bedrock on the property. The majority of the surrounding country rock is paragneiss, although locally alkali intrusive is also present.

Late magnetite gabbro dikes and sills occur within the map area and correlate to major linear magnetic highs. They have been traced for hundreds of meters and attain widths of 150 meters. Their high magnetite content strongly influences a compass needle resulting in very abrupt deviation. No sulphide mineralization is associated with this gabbro.

An ultramafic suite characterized by the presence of orthopyroxene (bronzite) phenocrysts ranging in size from 2cm to 5cm within an actinolite matrix displaying uralitization of the pyroxenes occurs both within River Valley intrusive and outside. They have been regularly observed to flank River Valley intrusive occupying penetrative fault systems. In the field these rocks were labeled as websterite based on observable minerals and probably correspond to the harzburgites of earlier maps. Their distribution and an observed contact relationship in outcrop at E 539 722 and N 5 162 602 suggest that they are a younger event to the RVI. These rocks are typically elevated in Ni, Mg and Gr and may contain up to 307o po and 1 07o cp but invariably do not contain elevated PGE values.

An excellent exposure of this intrusive is centered at E 539 611 and N 5 160 904 from where samples 114447, 114448 and 114449 were collected (see appendix 1).

The River Valley intrusive suite comprises the majority of bedrock underlying the property based on outcrop distribution. This distribution is characterized by two domains, an eastern suite dominated by anorthositic to leucocratic gabbro, and a western suite dominated by melanocratic gabbro. Separating the domains, is a northwest tending fault block fault influencing drainage and apparently truncating magnetic linears and igneous stratigraphy within the RVI

W. Hanych PGM Loughrin Report Page 10 November 20,2001

Foliations, gneissosity and schistosity generally trend northeast and dip south, with the exception of foliation in the northeast quadrant of claim 1229480. Here the foliation trend gradually swings to the southeast from the general trend. This trend also parallels the strike of a nearby magnetic linear which coincides with the strike of two sub-parallel magnetite gabbro dikes.

The RVI in the area of the claims is fault bounded throughout its contact length. Tectonic deformation has imparted a strong planar fabric resulting in contact areas of gneiss and mylonite. The contact deformation zone transgresses all of the lithologies of the RVI, but is dominated by gabbro to melanogabbro gneiss partly the result of recrystallization concentrating melanocratic mineralogy into bands. Within these zones a very granular texture has developed.

The process has also affected the RVI internally. Gneissic foliation defines linear deformation boundaries encompassing lensoidal preserved cores affecting large areas as well as manifesting itself at outcrop level. Quite often the gneissosity is observed at the edges of outcrop while the centers, usually topographic highs are preserved.

Stratigraphy within the intrusion is somewhat ambiguous but mapable units were recognized and defined. Three hundred meters north of the south contact of the RVI on claim 1229481 a 100-150 meter thick gabbronorite to olivine gabbronorite was traced in a northeasterly direction for over 1000 meters. The rock occasionally displays a weathered surface of 2-3 mm pits rimmed by amphibole and/or orthopyroxene. Some of the pits appear to contain serpentine possibly after olivine reflecting a coronitic texture. If such is the case this unit bears similarity to olivine gabbronorite in Dana Township. The feldspars are usually grey to purple. This may reflect preserved conditions of portions of the intrusion assuming the coloration is the result of retained TiO2 inclusions within the feldspars.

The stratiformity of this unit suggests that it is a stratigraphic member of the RVI. Although, it is traceable over the entire width of claim 1229481 it appears to be truncated by a northwest trending fault in the vicinity of the common claim boundary between claims 1229480 and 1229481. Its eastern extension may correlate with a gabbronorite horizon 600 beyond the east boundary of claim 1229480 as shown on earlier maps.

Narrower 20-30 meter wide gabbronorite horizons were recognized over semi continuous strike lengths north of the above olivine gabbronorite. They also conform to the regional strike but are difficult to trace for any significant distance along strike.

10.2.2 Mineralization

The contact areas of the RVI were selected as targets for hosting contact breccia related mineralization. In Dana Township the mineralized zones in the RVI being explored by Pacific Northwest Capital are directly related to high magma dynamics. The process results in brecciation that generates autoliths and xenoliths contaminating the magma affecting sulphur saturation. Therefore, where breccias are developed mineralization increases and where magma dynamics are low, mineralization is absent.Sulphide mineralization on the whole is scarce on the Loughrin property and more importantly rare along contacts. This may be a reflection of either:

1. magma evolved in a dynamically suppressed environment.2. tectonic overprinting affected contact preservation.

Typically one would expect breccia development within 300 meters of a footwall contact if the process was active. At the Loughrin property this was not observed.


10.2.3 Conclusion

Although, a significant portion of the Loughrin property is underlain by River Valley intrusive, the paucity of sulphide mineralization internally and especially in proximity to contact areas, negates this section of the intrusive as having a high potential for hosting significant PGE mineralization. The best potential remains with stratigraphic horizons within the intrusion.

10.2.4 Analytical Data(See appendix 1.)

In total 39-rock chip samples of various rock types were obtained from the area. The total precious metal count TRM (Au+Pt+Pd) for these samples range from nil to 123ppb with an average of 20.9ppb. Only two samples returned a TPM greater than 100ppb. The highest recorded values from sample 114418 are from a rather bland, foliated melanogabbro containing trace chalcopyrite. A TPM value of 123ppb (Au=20, Pt=73, Pd=30) was obtained from this sample. The TPM value correlates with higher than average Cu content of 539ppm but a low Ni content of 20ppm.

One other anomalous sample 114365 returned a TPM value of 110ppb (Au=2, Pt^U, Pd=94) from rusty pegmatoidal mafic patches in anorthosite with no association to Cu or Ni.

Copper values ranged from 4-539ppm averaging 77.2ppm. The high of 539ppm was from sample 114418 described above. A trend line would define a weak relationship of increasing PGE values with a corresponding increase in Cu.

600 -i

500tr Anna. 300 -

0 200

100 j

olC

Cu vsTPM (Au+Pt+Pd) ALL SAMPLES

4

*

S +

** * *

:***v . ** ____ * .) 20 40 60 80 100 120 V

TPM ppb

10

Nickel values ranged 11-400ppm averaging 107.8ppm. The highest values ranging from 223- 539ppm reflect melanocratic to ultramafic suite of rocks that also show corresponding higher Gr and Mg values. The higher Ni content of these rocks does not reflect higher PGE values and by extension higher Pd values.


Q. Q.

Z

500 -|

400

300 -

200'

100 '

0 -

C

Ni vsTPM (Au+Pt+Pd) ALL SAMPLES

*/

* * ^

| *** ^ * t ** *

) 20 40 60 80 100 120 1*

TRM ppb

W

Q.O.

iz

Ni vs Pd Melanocratic-Ultramafic Samples

500 T ————————————————————————————————————

400 -

300-

200 -4

100 -

n .

* 4

ft ^

0 10 20 30 40 Pd ppb

10.2.4.1 Conclusion

Sampling of various lithologies based on sulphide content and texture did not identify significantly anomalous areas. The results are a reflection of the scarcity of sulphides. The average background PGE content of all the samples is 8.8 and 9.8ppb Pt and Pd respectively. This is somewhat lower than values encountered in unmineralized portions of the RVI at the Dana Lake-Lismer's Ridge zones, where unmineralized lithologies average 9.4 and 15.4ppb Pt and Pd respectively.

11.0 SAMPLING METHOD and APPROACH

W. Hanych PGM Loughrin Report Page 13 November 2 O, 2001

As outcrop warranted, based on visible oxidation-rust staining, texture, degree of deformation, rock type, degree of alteration or sulphide content (chalcopyrite-pyrrhotite), grab samples were collected. The majority of the sampling was influenced by selectively acquiring sulphide- mineralized specimens. Data was subsequently plotted on 1:5000 scale topographic maps. Hand held GPS receivers were used to locate outcrop and sample sites. The readings were plotted on base maps referenced to the NAD27 datum and the UTM grid system was utilized for coordinate location.

12.0 SAMPLE PREPARATION and SECURITY

Prior to shipment of the field samples, they were catalogued, bagged and sealed at the field office. The field office also served as a secure storage site until there was sufficient volume for transporting. Normally, they were not kept in storage for more than 10 days. When the samples were ready for shipment they were transported to Sudbury and dispatched by courier to the laboratory.

The rock and soil samples were sent to the Bondar Clegg laboratory located in Val d'Or, Quebec. The samples were analyzed for gold, platinum and palladium combined with a multi element analysis of 35 additional elements. Upon receipt of the samples at the lab, each sample is identified and uniquely labeled with a lab code. Once all the samples have been catalogued, each sample is crushed 7507o to-10 mesh. A 250 gram split of this material is then pulverized 9507o to -150 mesh. The rejects of the -10 mesh are boxed and stored for future reference and the -150 pulp is bagged for analysis. From the pulp, 30 grams of material is fused into a Dore Bead, a mixture of lead-Na2O3-borax-silica. The bead is dissolved with hydrochloric and nitric acid and the elements are analyzed by Direct Current Plasma Spectrometry. The DCP unit is calibrated to reference standards and the samples are run.

13.0 DATA CORROBORATION

Bondar Clegg's quality control program is ISO accredited. Their methodology of including one reference, one blank and one duplicate for each 17 samples ensures the quality of the results. Performance quality logs are retained and are available for review upon request. In addition to this, PGM Ltd. established further controls. One in approximately every 30 samples was a duplicate sample; as well, the project personnel added blank duplicates to the sample runs unbeknownst to the lab. Below is summary table of Au, Pt and Pd values that were corroborated by blank or duplicate samples.

The quality control procedures did not detect any variance or analytical problems with the assay result.


14.0 RECOMMENDATIONS

Platinum Group Metals Ltd's summer 2001 reconnaissance exploration program did not identify significant PGE mineralization on the property. Preserved igneous contact breccia zones and magma mixing zones were not observed. Sulphide mineralization in the RVI is sparse and where it does occur it is associated with an ultramafic suite that does not contain elevated PGE values. However, the program by no means was on exhaustive evaluation of the whole intrusive. The best potential lies with stratigraphic horizons within the intrusion. This would require a detailed sampling and mapping program that was beyond the mandate of the 2001 reconnaissance program.

The following recommendations are tabled:

* retain the property on a hold basis

* detail sample, prospect and map the southern third of the property.

Signed by: Walter Hanych

November 20, 2001

Thunder Bay, Ontario


15.0 References

Barnes, S.J., Maier, W.D. 1999. The Fractionation of Ni, Cu and the Noble Metals in Silicate andSulphide Liquids; in Dynamic Processes in Magmatic Ore Deposits and their Application toMineral Exploration, Geological Association of Canada, Short Course Notes Volume 13, p69to 106.

Bevans-Jobin, S., Keays, R.R., MacRae, N.D. 1999. Project 97012. Cu-Ni-PGE in Nipissing Diabase:Results from Surface and Core Samples; in Summary of Field Work and Other Activities 1999,Ontario Geological Survey, Open File Report 6000, p33-1 to 33-5.

Catharine, E.G., Watkinson D.H., Watkinson, F. 1999. An Evaluation of the Role of Fluids in Ni-Cu-PGE-Bearing, Mafic-Ultramafic Systems; in Dynamic Processes in Magmatic Ore Depositsand their Application to Mineral Exploration, Geological Association of Canada, Short CourseNotes Volume 13, p31 to 69.

Easton, R.M. 1996. Geology of the Garnetiferous Gneisses in Street Township, District of Sudbury; inSummary of Field Work and Other Activities, Ontario Geological Survey, Miscellaneous Paper166, p66-69.

Easton, R.M. 1992. The Grenville Province and the Proterozoic History of Central and SouthernOntario; in geology of Ontario, Ontario Geological Survey, Special Volume 4, Part 2, p722.

Easton, R.M., Hrominchuk, J. 1999. Project Unit 99-07: Geology and Copper-Platinum Group ElementMineral Potential of Dana and Crerar Townships, River Valley Area, Greenville Province; inSummary of Field Work and Other Activities 1999, Ontario Geological Survey, Open FileReport 6000, p30-1 to 30-36.

Hrominchuk, J. 1999. PU99-07: Geology, Stratigraphy and Copper-Platinum Group Mineralization ofthe River Valley Intrusion, Dana Township; in Summary of Field Work and Other Activities1999, Ontario Geological Survey, Open File Report 6000, p31-1 to 31-92001. The River Valley Intrusion an Early Paleoproterozoic mafic intrusion of the East BullLake suite, Sudbury Region, Ontario, Canada: A field guide to the general Geology,Sratigraphy and PGE Mineralization in PGE Exploration Workshop, River Valley IntrusionField Trip, October 2001, Sudbury Region, organized by J.L. Hrominchuk.

Hulbert, L.J. 1988. Geological Environments of the Platinum Group Elements; Geological Survey ofCanada, Open File 1440, p148.

Jones, M.R.2000. Report on Geology and Geochemical Sampling of the Brady-Janes Property, JanesTownship, Ontario; Four Units, Claim Number 1179496, Sudbury Mining Division, prepared forPlatinum Group Metals Ltd., p12.

Lightfoot, P.C., Naldrett, A.J. 1996. Petrology and Geochemistry of the Nipissing Gabbro: ExplorationStrategies for Nickel, Copper, and Platinum Group Elements in a Large Igneous Province;Ontario Geological Survey, Study 58, p80.

Lumbers, S.S. 1975. Geology of the Burwash Area, District of Nipissing, Parry Sound, and Sudbury;Ontario Department of Mines, Geological Report 116, p158.

Macdonald, A.J, Cherry, M.E. 1988. The Platinum Group Elements in Ontario, Ontario GeologicalSurvey.Ministry of Northern Development and Mines, Open File Report 5681, p 279.

Mathez, E.A. On Factors Controlling the Concentrations of Platinum Group Elements in LayeredIntrusions and Chromitites; in Dynamic Processes in Magmatic Ore Deposits and theirApplication to Mineral Exploration, Geological Association of Canada, Short Course NotesVolume 13, p251 to 286.

Tardif, N.P. 2000. Regional Distribution of Platinum, Palladium, Gold, Kimberlite Indicator Minerals andBase Metals in Surficial Sediments, River Valley Area, Northeastern, Ontario; OntarioGeological Survey, Open File Report 6010, 106p.

Thomson, J.E., Card, K.D. 1963. Kelly and Davis Townships; Ontario Department of Mines; GeologicalReport No. 15, 20p.

Wilson, G.C. 1994. Mafic-Ultramafic Intrusions, Base-Metal Sulphides, and Platinum Group ElementPotential of the Grenville Province in Southeastern Ontario, Ontario Geological Survey,Ministry of Northern Development and Mines, Open File Report 5880, p 196.


CERTIFICATE of QUALIFICATION

l Walter Hanych of the town of Collingwood, Province of Ontario, do hereby certify that:

1. l am a geologist and reside at RR # 3, 235 11 th line Collingwood, Ontario, L9Y 3Z3. Telfax 705 445 6440.

2. l graduated from Laurentian University in 1979, with an Honours Degree of Bachelor of Science in Geology.

3. l have been practicing my profession since graduation and that l am a member of the Association of Geoscientists of Ontario, and a Fellow of the Geological Association of Canada.

4. l have not received any interest, direct or indirect in the properties or securities of PGM Ltd.

5. l consent to the use of this report in submissions for assessment credits or similar regulatory requirements, and to regulatory authorities.

6. That l am the author of this report and inspected the field operations, and the collection of data from which this report is generated.

Walter Hanych, HBSc., FGAC

Collingwood, Ontario

November 16,2001


APPENDIX l

Rock Sample Descriptions - Loughrin 2001

Rock Sample Descriptions- Loughrin -River Valley Project 2001

UTM NAD 27Sample Number

114365

114366

114367

114370

114371

114372

114373

114374114418114419114420114421114422114423114424

114427

114428114429114430114431114432114433114434114435114436114437114438114440114441114442114443114444114445114446114447114448114449114450114451

Easting

541004

539722

540063

539676

539600

538522

539000

539000540760541141540250540343540939541000541208

539523

539670539496539676539676539078540665539830539337539206539106539008

538200?53934053962053957553944653974753959353961 1539832539219539337539378

Northing

5162120

5162602

5162178

51644250

5162110

5162149

5162554

51625545163333516278351625865162536516322251622875162319

516238751624575162451516241951624175161782516204651617305160995516093051609675162006

5161960?51626225161730516267051617585161745516089351609045161036516074251629925162965

Claim Number

1229480

1229481

1229481

1229481

1229481

1237064

1229481

12294811229480122948012294801229480122948012294801229480

1229480

12294801229480122948112294811229481122948112294811229481122948112294811229481123706412294811229481122948112294811229481122948112294811229481122948112294811229481

Township

Loughrin

Loughrin

Loughrin

Loughrin

Loughrin

Loughrin

Loughrin

LoughrinLoughrinLoughrinLoughrinLoughrinLoughrinLoughrinLoughrin

LoughrinLoughrinLoughrinLoughrinLoughrinLoughrinLoughrinLoughrinLoughrinLoughrinLoughrinLoughrinLoughrinLoughrinLoughrinLoughrinLoughrinLoughrinLoughrinLoughrinLoughrinLoughrinLoughrinLoughrin

Area /Property

Racicot

Racicot

Racicot

Racicot

Racicot

Barr

Racicot

RacicotRacicotRacicotRacicotRacicotRacicotRacicotRacicot

RacicotRacicotRacicotRacicotRacicotRacicotRacicotRacicotRacicotRacicotRacicotRacicot

BarrRacicotRacicotRacicotRacicotRacicotRacicotRacicotRacicotRacicotRacicotRacicot

Sample type

Grab

Grab

Grab

Grab

Grab

Grab

Grab

GrabGrabGrabGrabGrabGrabGrabGrab

GrabGrabGrabGrabGrabGrabGrabGrabGrabGrabGrabGrabGrabGrabGrabGrabGrabGrabGrabGrabGrabGrabGrabGrab

Sulphidey.

none

none

none

tr

none

none

none

nonetrtrtrtr

nonenone

tr

nonenonenonenonenonenonenone

trnonenonenonenonenonenonenonenone

trtr

nonenone

trnonenonenone

po:cp ratio

n/a

n/a

n/a

100AO

n/a

n/a

n/a

n/a0\1000\1000\1000\100

n/an/a

0\100

n/an/an/an/an/an/an/a

0\100n/an/an/an/an/an/an/an/a

0\100n/an/an/a

OMOOn/an/an/a

maftfel ratio

10\90

100\0

55\45

90\10

40\60

20V80

50\50

20\8070\3055\4555\4550\5030\7090\1045\55

40\60

95\580\20100\0100\060\40100\090\1060\4055\4570\3095\5

50\50100\055\4565\3560V405\95100\075\2570\3070\3050\5055\45

Description

rusty mafic pegmatoidal patches in anorthosite

rusty opx amphibolite U/M

c gr, coronitic opx rimming serptzd olivine?, olivine gabbronorite

tr po and py in garnet opx-amphibolite U/M, minlz related to tract plane

grey-brown massive, interstitial pyrx, contains opx, gabbronorite

med gry-blk, m gr, mass to ophitic, very fresh, 307o ilmn, feldspar diabase

gry-brn, c gr, crumbly, poss opx rimming pyx, assc with 1 14374, gabnr

gry, m gr, ophitic, mnr biotite, 307o ilmn, feldspar diabasefoliated melanogabbro

coarse grain gabbro (local rubble) melanogabbrocoarse grain gabbro containing minor malachite

coarse grain gabbromedium grain gneissic leucogabbro with V207o pyslightly magnetic ultramafic angular boulder float

coarse grain gabbro

brown, coarse grained subophitic gabbronoritemediun grained, black hornblendite

blk, m gr, massive spotty mag, pyroxenite (6MS 114428)moderately magnetic, opx garnet pyroxene ampibolite-ultramafic

very magnetic opx pyroxene amphibolite ultramaficgry-blk, m gr, massive to subophitic, 507o sbhdrl ilmenite, gabnr-diabase

med grain garnet (1 07o) hornblendite pod in melanogabbrotr cp and py in garnet (30XO hornblendite

intensely rxtl, mod foliated gneissic melanogabbrofine grain melanogabbrofine grain melanogabrro

coarse grain hornblenditequartz biotite feldspar hornblende gneiss, int rxtl

fine -medium grain acicular actinolite amphibolite U/Mrusty, fine grain, magnetic coronitic gabbro

medium grain, moderately foliated melanogabbrobladdy cp associated with felds in med gr fresh coronitic melanogabbro

anorthositic section in predominantly leucogabbrodark green ultramafic

1-2cm opx phenocrysts in melanocratic mafic-utramafic1-3cm opx phenocrysts in magnetic mafic

large outcrop of uralitized mafic intrusive with numerous 2-5cm opx xtalsmedium grain gabrro

1-307o magnetite in medium grain gabbro

Sample

114365

114366

114367

114370

114371

114372

114373

114374114418114419114420114421114422114423114424

114427

114428114429114430114431114432114433114434114435114436114437114438144440114441114442114443114444114445114446114447114448114449114450114451

AVG

114425

114426114439

WMS-1

BLANKBLANK

STANDARD

BLANKBLANK

control standard WMS-1, 9/12, 1741 ppb Pt

control blankcontrol blank

114425

114426114439

APPENDIX II

Rock Sample Assay Summary Table

Rock Sample Assay Summary - Loughrin -River Valley Project 2001

Sample

114365

114366

114367

114370

114371

114372

114373

114374114418114419114420114421114422114423114424

114427

114428114429114430114431114432114433114434114435114436114437114438144440114441114442114443114444114445114446114447114448114449114450114451

AVG114425-

Standard WMS-1114426-

blank1 14439 blank

TRM

110

14

12

28

21

-3

-7

-7

12348382031

854

31

26301718-7

59-4

16169

57-4

0N/A

-5

06

12-2

10-5-4-5

20.0

3242

-5

-7

Au

2

-1

2

3

1

3

-1

-1

20754119

-1

-1-1

11

-1-1-1-1-1-1-1

22

N/A-1

21

-1-1-1

121

1.4

263

1

-1

Pt

14

6

7

11

11

-5

-5

-5

732023

715

524

15

141568

-5

53-512136

21-5-5

N/A-5-5

69

-5

7-5-5-5

8.8

1782

-5

-5

Pd

94

9

3

14

9

-1

-1

-1

302110

9152

21

17

1316109

-1

72544

37-1

3N/A

13

-1

444

-1-1-1

9.8

1197

-1

-1

Ap

-0.2

-0.2

-0.2

-0.2

-0.2

-0.2

-0.2

-0.2-0.2-0.2-0.2-0.2-0.2-0.2-0.2

-0.2

-0.2-0.2-0.2-0.2-0.2-0.2-0.2-0.2-0.2-0.2-0.2-0.2-0.2

N/A-0.2-02-0.2-0.2-0.2-0.2-0.2-0.2-0.2

2.9

-0.2

-0.2

Cu

26

172

48

70

33

32

36

34539335173157212

7695

27

3717281226

993

528

82

1079

N/A4

55192

216

1514

3853

77.2

10000

3

2

Pb

-2

3

3

-2

-2

-2

-2

-2-2-2-2-2-2

3-2

3-2-2-2-2-2-2

4-2-2

3-2

3-2

N/A44

10423

-2

4-2

-2

-2

-2

Zn

9

37

14

20

13

50

66

60642116

9492913

1021422621614455592866379460

N/A1017

846123115/960

244

47

47

Mo

2

1

2

1

2

-1

-1

-1

211211

-1

2

1-1

1-1

232

31243

-1-1

N/A1?111

-1

12

-1

2

1

2

Ni

74

400

49

177

19

48

58

702031433626

38423

22

22309120197466140746656

10411

223N/A

103211

152491363361504641

107.8

20000

12

14

Co

16

34

13

49

10

36

33

462115149

303610

8

13823753343932281926302622

N/A1229

5331333183232

f 735

7

9

Cd

-0.2

-0.2

-0.2

0.4

-0.2

-0.2

0.3

0.30.2

-0.2-0.2-0.20.4

-0.2-0.2

-0.2

-0.2-0.2

0.30.5

-0.2

0.30.30.30.21.60.50.3

-0.2

N/A-0.2-n?-0.2-0.2-0.2-0.2-0.2-0.2-0.2

1.3

-0.2

0.3

Bi

-5

-5

-5

-5

-5

-5

-5

-5-5-5-5-b-b-5-5

-5

-5-5-5-5-5-5-5-5-b-5-5-5-5

N/A-5

_ ̂-5-5-b-5-5-5-5

-5

-5

-5

As

-5

-5

-5

-5

-5

-5

-5

-5-5-5-5-5-5-5-5

-5

-5-5-5-5-5-5-5-5-b-5-5-5-5

N/A-5

156

-5-5-5-5

7-5

15

-5

-5

Sb

-5

-5

-5

-5

-5

-5

-5

-5-5-5-5-5-b-5-5

-5

-5-5-5-5-5-5-5-5-b-5-5-5-5

N/A-5-5-5-5-b-5-5-5-5

-5

-5

-5

Fe

1.43

3.56

1.68

5.19

1.57

6.35

6.36

9.624.432.081.661.02b78

1.71.42

1.24

1.886.263.87

7.95.7

5.915.915.162.b

4.654.25

6.23.4

N/A1.21 fl

0.762.990.942.59

1.26.077.07

10

2.1

2.3

Mn

260

395

271

448

309

607

438

1197906347251114597264263

254

369745514484446516617646446602470705281

N/A147216111216143257

91504750

420

286

301

Te

-10

-10

-10

-10

-10

-10

-10

-10-10-10-10

13-10-10-10

-10

-10-10-10-10-10-10-10-10-10-10-10-10-10

N/A-10-10-10-10-10-10-10-10-10

-10

-10

-10

Ba

22

11

45

19

42

213

601

160382953/6b1

626

33

19281618

b46307092399434

31520

N/A172957

2214

122

650109

-1

220

172

Cr

74

588

149

283

162

93

87

11498

11369b943

1872129

111

99166241307109104186328381262116174743

N/A798fl66

1124/04

1035817

5777

69

109

196

V

14

39

29

58

35

120

96

110138431411

1514038

15

454340/b91

16716589518281

135/3

N/A7

1212b224302681

104

49

43

41

Sn

-20

-20

-20

-20

-20

-20

-20

-20-20-20-20-20-20-20-20

-20

-20-20-20-20-20-20-20-20-20-20-20-20-20

N/A-20-20-20-20-20-20-20-20-20

-20

-20

-20

W

-20

-20

-20

-20

-20

-20

-20

-20-20-20-20-20-20-20-20

-20

-20-20-20-20-20-20-20-20-20-20-20-20-20

N/A-20-20-20-20-20-20-20-20-20

23

-20

-20

La

1

8

3

-1

1

14

23

2511-1

2293

-1

-1

1-1-1-124141024

13b

11b

N/A-1-1

3412

-1

2218

-1

26

23

Al

2.35

1.08

4

1.33

3.52

1.51

2.27

1.392.124.9/8.51

103.1

1783.b/

3.77

1.211.771,/b1.422.323.74

2.72791.732.553.412.440.91

N/A4.644.71

102.b

0.921.711.452791.3/

0.2

1.3

1.1

Mg

0.95

2.36

0.9

1.63

0.56

1.65

1.72

2.680.991.191.340.521.583.750.81

0.42

0.963.871.842.071.522.491.442.271.951.882.450.92

1.7N/A

1.42.530.334.152.183.622.712.051.85

0.03

0.65

0.64

Ca

1.34

0.38

2.35

1.31

2.07

1.18

1.77

1.442.242.854.326.57

1.50.842.38

2.09

1.261.411.611.431.653.112.532.78

22.332.751.740.93N/A2.662.886.860.5

1.030.610.342.231.23

0.4

0.6

0.5

Na

0.32

0.02

0.56

0.2

0.69

0.18

0.39

0.240.320721.041.360.21

-0

O.b9

0.6

0.170.340.270.250.210.750.3b0.430.240.33d.470.230.11N/A0.780.5

1.180.140.150.030.030.390.24

-0

0.1

0.2

K

0.04

-0.01

0.09

0.03

0.08

0.66

1.12

0.380.25

0.10.150.080.3

-0.010.07

0.05

0.040.050.040.040.940.230.240.630.250.660.280.960.04

N/A0.060.060.072.360.070.01

-0.011.030.38

-0

O.B1

0.68

Sr

65

2

123

30

98

37

37

4619

118181304

181083

97

226336294b3321ff9

20143

N/A269165332

6b41

30b2

5

37

31

Y

-1

-1

2

1

2

14

23

239

-1-1-1

9-1-1

-1

2111

161211115

10b

182

N/A-1-1

1221

-1

1717

-1

4

4

Ga

2

-2

5

-2

5

-2

3-2

bb9

13734

5-2-2-2-2

88783856

-2

N/A78

1bb36495

-2

4

4

Li

2

-1

5

2

2

6

7

45

1832b

3414

2

32237

128

139

2314M-1

N/A333

152

-1-1

145

-1

20

17

Nb

-1

-1

-1

2

2

5

5

792

-1-1

1021

-1

23

-1

2b

1111534573

N/A-1-1-1

1-1-1-1

36

-1

2

2

Se-5

-5

-5

7

-5

-5

-5

-5

115

-5-514-b

6

-5

7-5

77

-5201617y

131212-b

N/A-5-5-5-5-b-5-5-5-b

-5

-5

-5

Ta

-10

-10

-10

-10

-10

-10

-10

-10-10-10

13-10-10-10-10

-10

-10-10-10-1U-10-10-10-10-1U-10-10-10-10

N/A-10-K)-10-10-1U-10-10-10-10

-10

-10

-10

Ti

0.029

0.082

0.039

0.043

0.055

0.278

0.163

0.1970.24

0.0480.0150.0130.2370.0290.049

0.022

0.0590.0380.0280.0640.1840.2580.2860.2040.0820.1940.1190.3260.109

N/A-0.010.0130.0250.1910.048

0.040.0520.2170.247

0.02

0.2

0.2

Zr

-1

-1

-1

-1

-1

6

3

8-1-1-1-1-1-1-1

-1

24

-1-1-1-1-1-1

1-1-1

64

N/A-1-1-1-1

2-1-1-1

3

-1

-1

-1

S

0.01

0.04

-0

0.15

0.01

0.08

0.02

0.110.040.020.030.040.110.110.01

0.01

0.010.010.02

-0

0.040.010.320.01

-0-0-0

0.030.01N/A0.010.040.05

-0-0

0.1-0

0.020.09

10

0

-0

APPENDIX III

Assay Certificates

CHIIVIITEC BONDAR CLEGG

Rapport Lab Geo, umie Geochemical Lab Report

REPORT: C01-61872.0 ( COMPLETE ) REFERENCE:

i CLIENT: PLATINUM GROUP METAL

i PROJECT: RIVER VALLEY

SUBMITTED BY: W.HANYCH

DATE RECEIVED: 27-JUL-01 DATE PRINTED: 13-AUO-01

i DATE | APPROVED

i 010807 1 i 010807 2i 010807 3! 010807 4; 010807 5j 010807 6

: 010807 7i 010807 8\ 010807 9i 010807 10i 010807 11i 010807 12

i 010807 13; 010807 145 010807 15i 010807 16 i 010807 17i 010807 18

i 010807 19i 010807 20i 010807 21i 010807 22i 010807 23j 010807 24

l 010807 25i 010807 26i 010807 27; 010807 28-- 010807 29i 010807 30

i 010807 31i 010807 32; 010807 33l 010807 34i 010807 35i 010807 36

NUMBER OF ELEMENT ANALYSES

Au Gold - Fi re Assay 17 Pt Platina 17PdAgCu Pb

ZnMoNiCoCdBi

AsSbFeMn TeBa

CrVSnWLaAl

MgCaNaKSrY

GaLiNbSeTaT i

PalladiunAgCuPb

ZnMoNiCoCdBi

AsSbFeMn TeBa

CrV -

SnW -

LaAl

MgCaNaK -

SrY -

GaLiNbSeTaT i

- IC01- IC01- IC01

- IC01- I C01- IC01- IC01- IC01- IC01

- IC01- IC01- IC01- IC01 - IC01- IC01

- IC01IC01

- IC01IC01

- IC01- IC01

- I C01- IC01- I C01

IC01- IC01

IC01

- 1C01- I C01- I C01- IC01- IC01- I C01

17171717

171717171717

17171717 1717

171717171717

171717171717

171717171717

LOWER DETECTION

1 PPB 5 PPB1

0.212

1111

0.25

55

0.011

101

11

2020

10.01

0.010.010.010.01

11

2115

100.010

PPBPPMPPMPPMrrPl

PPMPPMPPMPPMPPMD DUKm

PPMPPMPCTPPM PPMPPM

PPMPPMPPMPPMPPMpa

PCTPCTPCTPCTPPMPPM

PPMPPMPPMPPMPPMPCT

EXTRACTION

FIRE ASSAY FIRE ASSAYFIRE ASSAYHCL:HN03HCL:HN03MD -HUnXnuL i nnuj

HCL:HN03HCL:HN03HCL:HN03HCL:HN03HCL:HN03HCL:HN03

HCL:Hk03HCL:HN03HCL:HN03HCL:HN03 HCL:HN03HCL:HM03




(3:1)(3:1)(3:1)

(3:1)(3:1)(3:1)(3:1)(3:1)(3:1)

(3:1)(3:1)(3:1)(3:1) (3:1)(3:1)

(3:1)(3:1)(3:1)(3:1)(3:1)(3:1)

(3:1)(3:1)(3:1)(3:1)(3:1)(3:1)

(3:1)(3:1)(3:1)(3:1)(3:1)(3:1)

l DATE NUMBER OF LOWER METHOD ; APPROVED ELEMENT ANALYSES DETECTION EXTRACTION METHOD

FIRE ASSAY-DCP i 010807 37 Zr Zr - IC01 17 1 PPM HCL:HN03 (3:1) INDUC. COUP. PLASM FIRE ASSAY-DCP i 010807 38 S S - IC01 17 0.01 PCT HCL:HN03 (3:1) INDUC. COUP. PLASMFIRE ASSAY-DCP i iINDUC.INDUC. Tuni irinuix.

INDUC.INDUC.INDUC.INDUC.INDUC.INDUC.

INDUC.INDUC.INDUC.INDUC. INDUC.INDUC.




COUP.COUP.COUP.

COUP.COUP.COUP.COUP.COUP.COUP.

COUP.COUP.COUP.COUP. COUP.COUP.




PLASMA iPLASMA SAMPLE TYPES NUMBER SIZE FRACTIONS NUMBER SAMPLE PREPARATIONS NUMBER:PLASMA ------------------------------ ............... ........... .-.......-..-----.-.--.. ;

i ROCK 17 -150 17 CRUSH/SPLIT K PULV. 17 iPLASMA lPLASMA jPLASMA REPORT COPIES TO: MR DENIS GORC INVOICE TO: MR DENIS GORC iPLASMA MR MIKE JONES iPLASMA iPLASMA **t****************a*************A*************o**t***********************jni**t j

i This report must not be reproduced except in full. The data presented in this iPLASMA report is specific to those sanples identified under "Sanple Number" and is iPLASMA applicable only to the samples as received expressed on a dry basis unless jPLASMA otherwise indicated i

PLASMA ;PLASMA :

PLASMAPLASMA jPLASMA iPLASMA lPLASMA iPLASMA ;

PLASMA iPLASMA iPLASMA iPLASMA iPLASMA lPLASMA i

PLASMA iPLASMA iPLASMA jPLASMA iPLASMA iPLASMA ;

Chimitec - Bondar Clegg. 1322-B Harricuia, Val-d'Or, Qufbec, J9P 3X6, Tel: (819) 825-0178, Fax: (819) 825-0256

cmivirrECBO1MDAR CLEGG

Rapport Lab Gee .nimie

CLIENT: PLATINUM GROUP METALREPORT: C01-61872.0 ( COMPLETE )

SAMPLENUMBER

114366114367

114427114556114557

114558114559114560

114561114562

114563

114564

114565114566

114567

114568

114569

ELEMENT AuUNITS PPB

*,

2•d

33

4

55

43

3•e!

1417

12

9•d

:Pt

PPB? :i: 7

1544

•4*.

; 48•49

545254

5046363336

; 29

:^

Pd AgPPB PPM

9 ^Z

3 *.217 *,2:35 -:,239 -c.;2

32 *:235 *c.242 ^38 t.245 i. Z

35 *;229 ^.226 *V2

; 27 *:2;29 *-2

22 *.2: * 1 ^

CuPPH

17248272664

62

78735362

59

57130186

126

; 88

: 3

'M': Zn

PPMlPPM

131 37

1 3I 1 431 10

13; 29

: : 3:; 11

l: :'5i 83| 10

i:#;: : 7•i 61 11; ;::l4l 9

M 8l M 10*2; 6

li?! 7l ;4i 9

6; 101*2: 52

IM&PPM

" 1

z2

1.2

1

: ll2x.i:is

1 2

•i:?.

y -2:: -2

: 2:1 1

1

2

i*

Ni CoPPM PPM

400 : 3449 11322 870 1752 i;2

48 9

52 1060 8

42 8

43 l 9

39 i*

40 : 868 9

: so 9; 50 19

49 911 M

Cd WPPM PPM

0 1'

x.2 X5X. 2 ; x5

0.2 x5x. 2 x5

L.2 1*5

x. 2 x5

x.2 x5x.2 1x5

0.2 x5

x.2 10.3 :x5

;o.2 ; xsx.2 x5x.2 x5

X.2 ':g

x.2 x5

AsPPM

x5

; xs^<5

<5

: : *sx5<5<5

l:*5i ^1 5: x5

;: x5*5

;^sr5

IStil FePPMl PCT'./"-•S

XS 3.56x5 1.68*5 1-24

:lx5 2.39S:1 ' 33

lxlo.96

x5 1 1.11XSÔ.TB

x5ll.05:x5 1.06

ffio.88xS 1.00

:x510.76

^ 0.83

x5,i.oi

^5 1.07

l*5 2.20


;Hn : T 6;:pf*ilppM

395x10271 x10254 x10

413x10: 273; xio

38xio200x10118;: x10

42141x10204 <10

1175x101197 xio1105 : xlO156x10

:i97:x10

l2p2: x10321x10

{SS-. Cr

PPM PPM

131 : 58845 14933.11150 31529 259

33 162:31 : ::191

; 33ll61301 19925 1 210

29 186:25 21230 1 Q326 100;23 152

23: 168192 119

: :::lyl SnPPMPPM

39x2029 x2015x2057x2038 x20

-.•. : . . ':1 : :

•31JX20:27:X2031x2032 <20

127x203^*20;21x20•231x20:29 x20

31 x201:43x20

l : ;:li ; : La ::l:*|l; Mg i:ci| NaPPM PPM PCT PCT PCT;? PCT

^20;: 8 1:08 2.36 0;3|l0.02i2oi 3 4,00 0.90 2.35J0.56*20.; x1 3,77 0.42 2.09;;fi.60*20; 1 2.45 2.20 1.78l0.21x20 3 2:67 1.39 2.1210.18

i2o:l 2 5.37:0.84 3.6|::;o.48x20;; 2 5.26 :0.95 3:55*^.47x20 2 6:38 0.64 4.o|;0.64*20i 2 4,34; 0.96 3.3(ii;0.50x20 2 4.491.01 3:280.45

*;2b: 2 4.15:0.84 3li(j::o.46x20 2 3.98 0.94 3,0i;|o.38^0: 2 6.05 0.61 3.781J0.58^20: 2 4:57 0.72 3.1l:;i0.45x20 1 2 3,56 1 .02 2.7810.401; ;;.-. ' : .\.-.- 1 .-.j.l : / 1 '- . 2-:'*

*20 2 4.38 1 .01 3.27l|o.48520' 24 1,17 0.66 0.5|;|o.12

lil! SrijPCTNPPM

^^014: 2

6-091:123Ilisl 97W& 14l-^l 39

liiiHl 76SlOSl 81ali;;; 840:071 800.08 78

^06 73

iiill w1)106 fi 81:ii " :""-iiii'' : ' ; *vj

pi05 s 71HI tt|i|| 74B 1 27

PAGE

Hilllill?i:ill::liiiililli!lilHIPs|:|:::11III

HI11

GaPPM

x255

x2^

54622

2262

^

2^

PROJECT:1 OF 3

PH NbPP^|::PPM

111 "iill *1III;;; -^lit; 211 <1;1;131; *1;S:;3S; <1i:ll3:i *1l;il:-i <1ills *iill *i;ss4:l *11^1 xlIIJSs *155s'8l *1

11 *1: : : :ilo - : 2

RIVER VALLEY

iiill Ta 111111 ZrMbu^Dw :-:- :: : :i^rt ; : ::DDMrrH :;T^rTI ;H;I::;T'H'' .'r rPl

x-X5::::x10 0:^082::: *1: ; *5 :x10 0^39 : : ^1E^5l;x10 l^lli xl1:111x10 I^TH x1I;l|e10 03iiJi!! <1 i;* ;™;:ili::.: ;:;:;K:S wif.^;*lUlxio |||||| xi;;:||;x10 iJSSil <1;i;|5;;xio (*^5i;: <1l: :i6:xio 8,o44i: <1:;i;:|;;xio |||||s -o111; Iiill*x5 :xio fli(B7:: îiH10 mil •ci;;|||eio j|i3|| xi: : :^5:lx10 05063'? x1

I|;:;x10 IIHI <1

111 11111i;:;iixio mm <1iilsNlO pi|i|;;: -el

lil!Hililîl;III:sS-sillil

IHIiiilPi!Olii031Ills

HISil?:::IllPiiJ3SiHillIliiIiil

Chimitec - Bondar Clegg, 1322-B Harricana, Val-d'Or, Quibec, J9P 3X6. Tel: (819) 825-0178, Fax: (819) 825-0256

CHUVUTEC BONDAR CLEGG

Rapport Lab Geo^mmie Geochemical Lab Report

CLIENT: PLATINUM GROUP METAL PROJECT: RIVER VALLEY j REPORT: C01-61872.0 ( COMPLETE ) DATE RECEIVED: 27-JUL-01 DATE PRINTED: 13-AUO-01 PAGE 2 OF 3 j

STANDARD ELEMENT Au ffi Pd yAg;:- Cu lw?;: Zn VMc : : : - Ni -V6i Cd '/ffi As xSb; 1 Fe \ Mn; Te yEta; Cr X '-Vy Sn ' if'.: La I'Ai y Mg : :' : '-Cal Na |f lil Sr .flff Ga |l4i NAME UNITS PPB PPB PPB PPM PPM PPM :PPM PPM PPM PPM yPPM PPM PPM PPM PCT PPM PPM PPM PPM PPM PPM PPM :PPM ^CT :; PCT :PCTx: PCT f&fyPPM ifMyPPM Mi

'11 '"i':::! : ::XX XT; .B-y-B-: .,:,:B' :: - y' IB. X-yyy;. Vy-:yy. ,..y,:y y-S'y:; y:;, ••B:.:;: X y p lip; i; sp i| ANALYTICAL BLANK 2 *5; -d v2: <1 y*2y <1 y-d: <1 ;.*1;X2 -^5 <5 -*5 ; y-e.OI ; *1 -dO y*,-!. <1 *1:^0 *20 <1 *:.01x.01 *.0i;x.01 *i01;y ^ ;;-*1;y; ^ B*:!;

Number of Analyses ill 11 ill 1 .'.li 11 1y-li 1 1 i; 1 ilxli/ 1 :-"lJ ill: 1 I'l lllyl'l 1-1 1 1111 1 \ || 1 |||: Mean Value 2 3 <1 Q.I <1 li <1 Vl ; -d ,-dy0.1 y: j; 3 ; : : - : '3:'t.01 V^i; 5 : *1; <1 '-*f-' 10 ylO <1 ^.Qly^.OI *.,0;ile.01 |JSll ^ jltl 1 1*1! Standard Deviation - y-V - .. : .- :: - Vjl - : -y - V'--y - xy-X; -li, -'li: - y.-;; - x-y - yy-": - - v^l:-. - X,:*:? - 111? - : 11 -li

"•x:: . X "V V", " - ' B y X --.B :X'V - ^ : 'XV V.. - : -- -li^ X - p SSpi .i Sp , S? fAccepted Value 5 :5; 5 0.2 1 :2 : 1 : 1 1 : 11.0 y 2 5 5x0.05 y.: 1 <1 :xl : : 1 : 1 : ; : ":1 Xcl ; ;: <1 *.i:01: : -e.01 *iOl: <.01 Sjiflls <1 i*};5 ^ S^lr ,:..-.-:-. -.-.- .v.-:-- --.-.-- .-.'.- - .- •'.•'.-. ..•.--.-.-- .:....:- ,- --' ,-:- :: -.-. . :-:-:-. . .:: :: ' . ,::-:.--:- :-:: :-. /.:-: -- : .': -:-:-": :-:-:-:-:-:- : :-:-:-:-:-: -:-:-: -:.:-

:'::y: : .: y \ y:-:y: y::-:::':;:: :. : : : ::-: : 'y.' : ::. ;-;:y::':::; y:.'y:y : : x' x:::' : :': : . : : : : . .'y.':.:.:: 1 : : : -'::': : :::: : :':'. ; : .Xx:- : :- x :-: : - x:: : : : : ::: : :::':'::::::: : : :: ; : : : : : : :: : : : : : : : ::: : :ST 248 1165 102:690 p^y - xy-v:; - ;;,^ -y,-,: - W;: : -x;,;:; - ,x:x-: y - |-,^ - ;xfe: - H - i^ --1x1 - HI ' H Npjrber of Analyses llll 1 1--V. - lil; -"--i - 1-y'; - xl;. - l-;- : i: - ;111 -1-1 - xll -111 -11*1 -1- : I -1111 ' ill " lil' Mean Value 1165 1021690 -1 -If - y;-! - y'-l - .yll -Ir! - ^lll - yli -if: - |'f -11:1 -lx| - |||| - l y|l - i||Standard Deviation - y- *v -.lil -1-1: - lly -'li ' 1 *1 -li" " 11"! -yll ' I'l; -l-l -Illy -llll ' 1111 ' 11: ; -111: Accepted Value 1015 y91:635 1-1 -1.1; -x-:; -y--;; - y'lv - jxlj - m -111 - 11| - ||;| - lyll - 1 : !| -llll -111 ' III

CANMET LKSD-2 - - - *,2 39 37X185 5 ly 25 17:1.0 ; :^5| 11 'S5.i3.62 1^59:^10 221: 33 :*6:^0 *J20; 58 1 M 0.63 0;6|;|0.04 jlMi 31 ||j|; 4 i Nunber of Analyses - y'l:; -lil 1 I'll ill-; 1 1;1; 1 llv 1 1 H 1 llll I'll! 1 :p| 1 ;pl 1 lip 1 1; :1 1 |||| 1 11 i 1 Mean Value - -r - d.ll 39 -3M85 li 25 17-1.0 lil 11 3 3.62 1ffi9 5 221 33 ::46 10 Mi 58 1^ ::0.63 0.6llfl.04 ^1^1 31 li. 4Standard Deviation - - -:-' - y^ - ' '-^ - ••••^.-- - x.-.-: - :.T-X - --f:;-:- - -. . : --x - ••.-.-. : - ; - -x-.-x - ;;.--*.:- - :--x;-y - , - -i-s - BSBSB: - w;*;: -Accepted Value -;-; - 0,8; 36 40 1 ;200 1;2 23 170.8 ;;1 9113.501840; - 211: 29 48; - ^ 58 1.*|...8lo.60 d:5|::0.04 i|||| 30 Mi 4

.x x v x x ' '- 1 x-.. '.-xxx ' i.; ' -.- .v '.- '' ; v : '. : . : . . ,' - - - . ." ': '. .: . ' /'x' .:'x : x..' 1 x ' : : . ;' - "•'•.'-"x'iV . x rX;X; :':'x':':":-x'x ': : :vi;: : : : :-: : . - - v - X' -.' ; 'X .; : .' X'.- ' -.-X - ' ;. . - . . . , . .. . .; ;. .... - . ; ,. . . ; -- -.- . ; - ^ ; ' ; y . - ; ^ -: x .- 1 :~ . ; y^ ^; - .; ;-; ; ;;j x ' y: x.;.;.; xox'x'x'x : : : ;'. ::'x-;v

;. .\ 1: 1" : 1' : '' i :11; X- 1 ' x 1 . ' ' - ":' ''•'- -' ' ' i'- ':-.- ' i- ': 1: ..: : '. .1. .lx.;.' -1 : :''l V x 111.11 1'; : :l- : 11 .''', ' : ' l]'x' x:x :x :: : x : X -.:x: : : xo: ;

x' - - .-. .- :- 'X-:-. xx. -"-" .' ; -. . -, -,. 1 -- -. : :-:--. x. x x ~ . - i.x/x 1 ..; 1 :- ., .x x '.'.'x" 1 - x":"..': x : x' ;':'. : .'. : " '" . : .'; : : : :-; : : : ;: : : : : , ; ; :xl:'; "x-;':-;: : :x :

•' - -x ..-•••. .- -;- yy -.' .-. - ' ''- ' /••: .-.- •"•.-.-.- .-.v •;-.-'-: y. . . . :- - . . . . . . x x-; x x x x x x x x ; - ; x .-y/x /x . : '-x-^': •'.•'.'.-'.•'. ;-; x-;- x-x-X;X-i

-, " -x - - -' : ' ' ••y.-:!. r '"' 1- ' " : x . . x -x '-x ..; :-~ "- - .X 1 . ..x ' x " . r \' ' :y ,\ '; f; ;. xx i - -'-'- i-x'x'/.'.'.':' '' . . x -x":'.' x-;:x :x : :': ; ; : : :x : . : : : ::x : ; :

1 -p- 1 -' ' ' : - •''••'•' ' : -p-x-x- '; - -'. : '" : " ; ' ' '---1 - : X'- : - v '.•.•.'. : x : , ' : : :'x : :'' : li ': \, . .''. ..f ;. \x;: ; !'.-x :x-;' '.'.-:'x-:- i: : x x :'. : :':-x';: : '. : ; ; :-x-:: :': ;x : xl'vX -;-x

•;' "' . : ." '"' •••- ' ' - -x •••';- ' : :- -, ; -. .;: x : ' . : ,-: x : x X' ; ; x . : . , : . . . .^ -: . ,-. ; ; '. ;x x " x ' x : ' x '''": x ' "; :V, :\ ; •':' x ' .-: ; '~ : : ' :': lx : x'x ' : : : : : :-x :x :x : : :

.-...- x. . -;-. . x , ;- X' ' x-: x-.-. : .-: ' '-.-. ; -x x x-x :-: :-.:: - " ' ' ' . x ; : .-:-x"x : . : '":". : ' ": '' : ' :-x". :-: : :-.-: x : : : '":-x - ' . . .': ;-X' :V: x": ::"'":'; : : ;:-x: x :x":; ' "- -' " - - - ' x -:- X'Xv ' -: '- -p' 1 - : ' 'X . •••~ -~ .- -x- -:- '-" ' '•.•.- -:- •y.-.-. . .- . .-'. -: . ' •.-'•-'. x y: : -. : x .-: -. :- '.- 1 . : . .-;- x :-x . .-;-:-: :-' -:-;-;-:-.-x x-; x : i-x : x

IKilli'si;*:;

||i

9

Nb spy Ta WKl Zr ;||iPPM l^l'i:;PPM :;l,*...tl:pPM ^PCll

sil i; msm mm

<1 ilsMo *HI|| *1 lio|i;i; 1 11 i: i Hill 1 ;||||

x-x-i : : —^ ''iii:--- t Bxxiix:<1 y3 ;: 5 0.005 A <1 ftsttls

<1 '*|i <1 ^iOjjt;;;: <1 *J;M:;;;X- X- '.'

•X ; X- '.'

. x'i: : : v;X;X : :

- i::i|l; -

3 m1 II 3 li- ;;i;B#6 li

i?i

;^10j 1i 5: -

i -

ill " 1; :-:-x-:-X;;;:: ; X;!; ;:

8J0S9I 3 OJ1

jjUl 3 IIiSJSSSB. - B;:S

Hill - IIi llll 11: l SxBxB; KH

i ; ;B;;;BB ;BB

: i;: SJiSs;:; BB;

XX;X;.; X;X : :vX;: ;.;X : I;X;X:X;X; .;.X;i;

li

i!ili

li

i

i

Chimitec - Bondar Clegg, 1322-B Harricina, Val-d'Or : Quebec, J9P3X6, Tel: (819) 825-0178, Fax: (819) 825-0256

CHIIVIITEC BOIMDAR CLEGG

Rapport Lab Gec^mmie Geochemical Lab Report

CLIENT: PLATINUM GROUP METAL i REPORT: C01-61872.0 ( COMPLETE )

PROJECT: RIVER VALLEY

DATE RECEIVED: 27-JUL-01 DATE PRINTED: 13-AUO-01 PAGE 3 OF 3

SAMPLE ELEMENT Au ;:Pt : .:; Pd ^A^t Cu ' :Pb!. Zn W- Ni ;C6 :; Cd ' :Sf : ; As -SB;:; Fe '^Mrt': Te :;#jsK Cr ::;:V^ Sn : ; ;W;: ; La pjft| Mg ^.:C|| Na |11| Sr :;|*1 Ga |pjf Nb p|; Ta If ffi Zr |||||

NUMBER UNITS PPB PPB PPB PPM PPM PPM/PPM PPM PPM PPM PPM PPH -PPM PPM PCT iPPM ;PPM PPM i PPM PPM :PPM pipH/PPM PCTx PCT i :PC|i| PCT IwliiifPH HiPPM fl:::PPM f-fW llltflWM Pfti

114366

Duplicate

114427

Duplicate

: 37 1 400 34; x. 2 . .56 '395^10 :ii':588 '39x20 *20: 8 1,;08 ; ;: 2.36 O'- 2

17 x,2/ 27 3: 10 ; 2 : 22 V 8 x. 2 *5: ;: <5 : *5 : 1.24 'i.TS^^O 33:111 15^20 ^20; ^ 3.77 :0.42 2.o;:0.60 M::; 97 |S|| 5 || -el |

i,2: : 28 .i. '.Z;- 10 - '.1; 23 ' fix. 2 ;x5" <5 x5:1.38 ';;298;xlO ;;35;M19 ,,15;^0 ^p-; <1 4,26;0.45 2.30;;p.66 1^1111 till 5 Ii;|| <1 l |||||i ^ |||

Chimitec - Bondar Clegg, 1322-B Harricana, Val-d'Or, Quebec, J9P 3X6, Tel: (819) 825-0178, Fax: (819) 825-0256

CHIIV1ITEC BONDAR CLEGG VANCOUVER BNI

Rapport Lab Gec^nimie .(geochemical Lab Report

i REPORT: C01-61946.0 ( COMPLETE ) REFERENCE:

CLIENT: PLATINUM GROUP METAL


SUBMITTED BY: W.HANYCH

DATE RECEIVED: 01-AUG-01 DATE PRINTED: 14-AUO-01

i DATE j APPROVED

i 010808 1 i 010808 2l 010808 3: 010808 4i 010808 5 i 010808 6

i 010808 7i 010808 8i 010808 9i 010808 10i 010808 11l 010808 12

i 010808 13i 010808 14i 010808 15i 010808 16 i 010808 17j 010808 18

i 010808 19i 010808 20i 010808 21i 010808 22i 010808 23i 010808 24

; 010808 25i 010808 26i 010808 27i 010808 28i 010808 29j 010808 30

: 010808 31i 010808 32; 010808 33i 010808 34i 010808 35i 010808 36


Au Gold - Fire Assay 18 Pt Platinum 18PdAgCu Pb

ZnMoNiCoCdB i

AsSbFe tj Mn TeBa

CrVSnWLaAl

MgCaNaKSrY

GaLiNbSeTaTi

PalladiumAg -Cu -Pb -

Zn -Mo -Ni -Co -Cd -Bi -

As -Sb -Fe -Mn -Te -Ba -

Cr -V -Sn -W -La -Al -

Mg -Ca -Na -K -Sr -Y -

Ga -Li -Nb -Se -Ta -Ti -

IC01IC01IC01

IC01IC01IC01IC01IC01IC01

IC01IC01IC01IC01 IC01IC01

IC01IC01

IC01IC01

IC01IC01

IC01icoiIC01

IC01IC01

IC01

IC01IC01ICOIICOIIC01IC01

1818181filo

181818181818

18181818 1818

181818181818

181818181818

181818181818

LOWER DETECTION

1 PPB 5 PPB1

0.212

1111

0.25

55

0.011

101

11

2020

10.01

0.010.010.010.01

11

2115

100.010

PPBPPMPPMDDMrrn

PPMPPMPPMPPMPPMPPM

PPMPPMPCTPPM PPMPPM

PPMPPMPPMPPMPPMPCT

PCTPCTPCTPCTPPMPPM

PPMPPMPPMPPMPPMPCT

EXTRACTION

FIRE ASSAY FIRE ASSAYFIRE ASSAYHCL:HN03HCL:HN03 ii(ii uun7M L, L . nrfUJ


HCL:HN03HCL:HN03HCL:HN03HCL:HN03 HCL:HN03HCL:HN03



HCL:HN03HCL:HN03HCL:HN03Ha:HN03HCL:HN03HCL:HN03

(3:1)(3:1)(3:1)

(3:1)(3:1)(3:1)(3:1)(3:1)(3:1)

(3:1)(3:1)(3:1)(3:1) (3:1)(3:1)

(3:1)(3:1)(3:1)(3:1)(3:1)(3:1)

(3:1)(3:1)(3:1)(3:1)(3:1)(3:1)

(3:1)(3:1)(3:1)(3:1)(3:1)(3:1)

i DATE NUMBER OF LOWER ! METHOD ; APPROVED ELEMENT ANALYSES DETECTION EXTRACTION METHOD

FIRE ASSAY-DCP \ 010808 37 Zr Zr - IC01 18 1 PPM HCL:HN03 (3:1) INDUC. COUP. PLASH FIRE ASSAY-DCP ; 01080838 S S - IC01 18 0.01 PCT HCL:HN03 (3:1) INDUC. COUP. PLASHFIRE ASSAY-DCP i iINDUC.INDUC.T UTM IT1NUUL.


INDUC.INDUC.INDUC.INDUC. INDUC.INDUC.




COUP.COUP.COUP.


COUP.COUP.COUP.COUP. COUP.COUP.


COUP.COUP.COUP.COUP.COUP.coup.


PLASMA lPLASMA SAMPLE TYPES NUMBER SIZE FRACTIONS NUMBER SAMPLE PREPARATIONS NUMBER:PLASMA -- ...-~--------------------- v ...........-.---..-- ....... ...--.---..------.-. -- -;

; ROCK 18 -150 18 CRUSH/SPLIT i PULV. 18 iPLASMA :PLASMA iPLASMA REPORT COPIES TO: MR DENIS GORC INVOICE TO: MR DENIS GORC lPLASMA MR MIKE JONES iPLASMA !PLASMA A*AAAAAAAAAAAAAA***AAAAA****A***A*****AAAAAAA**IHHAA***ltAAAA***l *AAAAA***AAA**A*A i

i This report must not be reproduced except in full. The data presented in this lPLASMA report is specific to those samples identified under "Sample Nunber" and is iPLASMA applicable only to the samples as received expressed on a dry basis unless jPLASMA otherwise indicated j

PLASMA iPLASMA i

PLASMA iPLASMA iPLASMA iPLASMA iPLASMA jPLASMA \

PLASMA iPLASMA ;PLASMA ;PLASMA iPLASMA iPLASMA l

PLASMA :PLASMA :PLASMA iPLASMA iPLASMA iPLASMA ;

Chimitec - Bondar Clegg, 1322-B Harricana, Val-d'Or, Quebec. J9P 3X6, Tel: (819) 825-0178, Fax: (819) 825-0256

CHIIX/IITEC BONDAR CLEGG

WfVANCOUV!R •HAMCH

Rapport Lab Gecvftimie Geochemical Lab Report


REPORT: C01-61946.0 ( COMPLETE )

SAMPLE ELEMENT Au Pt Pd Ag Cu :pb: Zn

NUMBER UNITS PPB PPB PPB PPM PPM PPM:PPM

DATE RECEIVED: 01-AUG-01 DATE PRINTED: 14-AUO-01


PAGE 1 OF 3

Ni Co: Cd :8i:

PPM PPM PPM PPM

As :Str Fe ivMfi':. Te ' :̂ ;Sal: . Cr ;;;;y: Sn ;.;:;y:: La x-iAl;. Mg is-Pf? Na

PPM PPM; PCT ::PPM:PPM -PPM ;PPM PPM "PPM PPM-PPM '?ti^ PCT ;PtfI PCT

ffi: Sr ip Ga |i|| NbPT -'DOU flip*! DDU DDU : DDU V-l:-xrrrl fTTl.irrrl rfTFI . ;rrPi

Ta fill:;: Ir

PPM iliPCIiPPW

114368

114369

114428

114429

114570

114571

114572

114573

114574

114575

1 '16:: 9 *;2

3 266:317 ^2<1 14-: 13 *.2

<1 15 16^:2

64 90 157 ^|

22 ; ::5F 65 *;|22 ; : 57': 95 Si?

12 :42 58 *,2

6 ;':37: 37 '^2

4 \W. 58 ^3

36 x2 9

322 3 11

37 ^2 2117 x2; 42

471 M' 12

225 :;-:'| : ; ::247 :|2

175 ; ;2

87 :i2:; 84 X2'-:

9

12

10

9

54 1;5: x. 2

: 22 ;13;x.2

1170 : 14;x.2

:: 72 :;:i:p;X.2

66 1:0-X. 2

: 43 10:x.2

<5 <5 <5 <5 ^

<5

<5

0.831.42

46:105

:SP 100

:Ml 99

:43 10. 34 Oi0

; :1;8|xiO lil; 168 ;:3f;x20 ^:' 2 aÔ.TS

240 If;; 11 ; ;;||;:

22 ||: <2 11;

63 S' ^ ifli:

d;.;tii:6;; 1

76 tMi <2 s:ia;j 3

:*10 2 0:01

4 Sp:

89 li? m 2 ;:;;S;s:xio alM;; 1 pias s;;;?;;: <2 :;;: :|;;; 3 i60 li; <2 |;;|:: 2 |85 |I| 4 lil 3 l91 lil s ;1:|: 31

2 ilP

114576

114577

114578

114579

114580

15 ; :;3j-:' 29 ^2;; 128 ?:;';2;:: 9

10 Viiv 16 îZ-f 95 x2; 22

1 ;20: 13 *.| 14 X2; 18

1 ;;26: 10 ^ :.2;; 54 ;x2: ; 13534 176 771 0,5:1731 ;3: 17

48 ^ ;!|;|;:1.05<5 ;:X5:;1.32^ ;;;^5;;:o.97<5 ; : ;^5;;1.96

2 2

176 :37 1.01

75 ip; <2;;:;?;:; 2 iiisîo (fîpi43 ||i <2 III; 1 ;|;;S:x10 tiôB:^ 2 ||

is ;;;;?2;;; <2 ;;26i:; 1 ^Mo Oiii^;; 2 ^;;26 Ssi 5: <2 sip 2 :?:ii;xio dJ;o5b':;; 2 S:ii:56 lit ̂ li; 2 l:i;xio iDîp:? 2 (k

114581

114582

114583

338

229

14

:ifi17 0,7'2442

478 Ol;1750;: ' 35 î'- 139

2219

13

M: <532 x. 2

51 <5 :;i*5j:0.94

.34x20 *20: <1 3i65 :0.94

45x20 eX) 2 3^52 1.08

:M:x20 K 2 2l50?';0.89

71 ||; ^ |:;;|; 265 llf ̂ li;; 3

46 IP ^ II-; 1

2 ii;:;

2 iP


CHHVHTEC BONDAR CLEGG

Rapport Lab Geo^nimie GeochemicalLabReport

i CLIENT: PLATINUM GROUP METAL i REPORT: C01-61946.0 ( COMPLETE ) DATE RECEIVED: 01-AUG-01 DATE PRINTED: 14-AUO-01

PROJECT: RIVER VALLEY PAGE 2 OF 3

STANDARD ELEMENT Au NAME UNIT

ANALYTICAL BLANK Nunber of Analyses Mean Value Standard Deviation Accepted Value

DCP STANDARD Nunber of Analyses Mean Value

Standard Deviation Accepted Value

CANMET STSD-4

Nurrber of Analyses

Mean Value

Standard Deviation

Accepted Value

Au ;;;Pjt:;'; Pd ^fs?; Cu tpti:, Zn ;*i6v Ni :-:Cb4 Cd iiiJA As xiSij:: Fe ixlri; Te .H.:Sa: :V Cr |:i;;^: Sn jtijj La îff Mg : :: :Cja| Na ;'PH PPB:PPB PP*J PPM PPM ;PPM ppMippM PJ?M I?PPM SPM::PPM PPM PCT :iippH::ppM VPPM PPM J^PPM PP^PPM v^? PCT pell PCT ;

<1 y*?:- -e! ^2: <1 .*Z; <1 :*t:' <1 : - :*l;x.2 35..' <5 ?*5;x.01 ?Mi^10 Sxli. <1 Ifti.Ô *|gi <1 *;||iii*.01 *,Qli?x.01 i( 1 l-li-: 1 xslv 1 : ::.|. 1 M.: 1 ;x ::i;i 1 J-W: 1 :;xl;; 1 :^?|s 1 ^xl? 1 ;:; : i;|? 1 -j:g 1 :|;p|? 1 ^|f;: 1

<1 vi;- <1 iiS <1 i:-;|: <1 ;:|t. <1 ;':i|.;o.i lil; 3 ;:.;;3;:^.oi -3*1.: s ^fr <1 iff 10 W: <1 iiili^.oi ^likoi. ' :. : - x x : " ;- -:-.- - -x,' .•••' .-. . - -. ^ v ' ' . ' ' .•:-.'. '/: . x-. .-. . .'.-.' .- - ,-/ .•.•x -: .- .•.-.-x-.v ' -.- •:'.-:-;-:-:-'-:' "- 1 ^ ^-'•'•••:- ":^. - :-.'" ' ,: : ::. ;'-'-:-;:'-' :\:if:-'' ''t::^. ' : Vv J : : ' 'V - •*: :: i-':.;.:- " --l^. V:::;':.:'' -i:^;:;- 1 ••:.::g;:V

5 5 50.2 1 : 2 1 1 1 1 : 1 0 :;:2 5 ;::5 0 05 :;:1 <1 : xl 1 ;:: 1 <1 x;1 : <1 *-iOl :x.01 -^.01 x. 01

82 :'::81: 84 ^--v - .jJiii; - ••Vi-:: - i :^;i - 0;^.: - ;sl\ - ;i:S ; : :^; : ' - S^. - i;::-;?: : : - :;?fi#S - : ;??:Ss: - ^:"|II -

82 .rfBr 84 s: -:-;: : : - :;s :^ : i - ••••^ - -^'- - 'M-; - :? : '-^' ; - - ^.: - "^:- - M - '-^ - iii'Pif - : -V. :P;I -- -.v; :/; : x 1 ; -y.,'- .;X X;x;; -X; /...-:- 1 x : .-. x -:-x-x x : x X':^: ,- x ' ' ' x;; ; x- Vx : '. .' '-".' 'x : : Xv. ; Xv. x : v: : x ; : : x .-.-.•x-.vX

83 ;i ffi li - fi - si - 1 - SI ~ li " li " li " si ~ li " ill " :li ~- }M. - ||i;: 1 :i|f;;i 1 |if: ; : 1 :|i;|i 1 ];jjti 1 K:1; 1 |||| 1 f X. 1 i;||i 1 |:1? 1 I|pi 1 ' :^:||| 1 - isfi ; ; - i|: 67 .Mi;; 88 ||j:;i 25 :;:13: :0.3 If': 11 :i|;i;2.92 J2?|:. 5 |022V 34 W^ 10 :;1l: 14 fiM?0.71 ÎtiO.OS

- ?::|; : - 6^3 : ; 66 'li? 82 :iv ::;2'; ; 23 ::1^:;0.6 1& 11 :l4: :2.60 1200 - ''^ 30 Mi; i - lil? 14 i&v - ii&.OS: •/••/x.x. :. -.- x?' 1 ' :-x- --ox -:-:'-'----: "' ' : -- x -:- 'x:x": : : x x'x': ': x- : :--':-:-:-'- : / : . ' x-^'^/x'y x :x:x::' :-' :' :Xv:-: ': : : :: : : : x-x- x'.V;::^x"::: x x , .: ' : o.o;": .'-'. Xv':.:; : : xv : ' : "x ;: "••••:^ ' v ; :' : ^ : -x '- : ' ;: : " : '-x ': ; .'.": : .vX :-: x-.-.-. : x-Xy. : xi-.-:" ; ' : : • :-x : '- -, : ''' •'•• : : : x-'; : : x-. : " : x : :": : : : : : x" ; : :

Ilii Sr |i:i; Ga i||I Nb M| Ta l|i|:; Zr ||;I|ii^TlpPM Pli iPPM PlisSpPM PiPM ::PPM I?: M::::PPM 'jperi ?s:i::?:?: iM: mm -s;;??: :;:s:?t::i:?: ;S::?:?;:;?:

c:^1'? <1 iSiiii; <2 ;s*li ::: <1 :?*5: : ; xlO 1W <1 HijlS ||:|: T |;|: T ;;:||| T ^ T !|||| 1 ||:|::

•Hilj <1 illl i lil -o li|| 5 ilil <1 i|||;l;;;!:l: : : . E^-: . i.:;!;::; . ; ; :::X : :, . ifiasgi; . :; : ;?: : ::S:?:mî i::.::;:;.;; :;:;::::::.;: : Km .::::iv:S;:;:ffl: ?; :;:.;;f : ;; : ;;

ilili OB:;: Hi Wii. illiilll lilli

ll;|:;: - -Ssll ' ilil ' sif? " :ii!|S| " illis

•x-x-x-iy yJ-.-i-Xy: X;X : x-x : v. .•;-: : :-:-: x-xoxvx-X' •:-:-:-:- 1 -:-;-x-:-.-.•.•.•.-.-.-.•. .-. .-.:.;.;.;.; -.-.y.y.y. .-. .•.•.-•.•.- •.-.-.-.•.•.-.•.;,'.'.; .-.-.•.•.-.-...-.•.-. X.y.y.y,; yy.y;.-.;.;. .y.;, y.;.;.; •,;,;.v.;.;.;. •:-:-:-:-:-X-:-:-X-: XX-;-:-:-! X'X

iiiil?: 69 ?||.::; ^ ;:;:|S: :;: 4 :^5j:^10 Sj:S|l; 4 i^||| :||| 1 III;:; 1 ill 1 HI 1 Hill 1 !||!jiiii 69 ii i iiii; 4 in s lin 4 milIlll " ||;l ' 111 ' til * Illll ' illl; Dili?! - ill 4 Hfr: 6 ±3-; - WS: - btlii : i|

Illl |;|| Hi HI ;;|;|| | ;|;|||

• ' : : : x : : :x : : : :x : . : . ; x :i' " : x :X'X ; : X'X : x-:-: :- v ' : "-: : x :: : ' : : : ' : '.•'.•'.•'.•:-:-:-:-'..^ -X'X- o.-x •.•'.••.-.•'•'.•: .' •'-.-'•'•'.•' : : x :-:-:-r /: :-: :-x-:-x :-:^ X':-:-:-:-:-:-;-;-;

Chimitec - Bondar Clegg, 1322-B Harricana, Val-d'Or, Quebec, J9P 3X6, Tel: (819) 825-0178. Fax: (819) 825-0256

CHin/IITEC BONDAR CLEGG VANCOUVER BRANCH

Rapport Lab Geochimie Geochemical Lab Report

i CLIENT: PLATINUM GROUP METAL j REPORT: C01-61946.0 ( COMPLETE ) DATE RECEIVED: 01-AUG-01 DATE PRINTED: 14-AUO-01


PAGE 3 OF 3

SAMPLE

NUMBER

114572 Duplicate

ELEMENT Au x**;'; Pd ^Agf Cu jfjji Zn : :WoV Ni W Cd jflj^ As , Fe li' Te lt i Cr :; Sn |;; La ji;! Mg :;;|| Na UNITS PPB PPillPPB PI* PPM PPM WM p]"M : PPM PPM/PPM PPMiiPPM PPW PCT : ;PPM :PPM OPPM -PPM PPM PPM PPH^PPM •PCi'S PCT :f*Cp PCT ^

Sr |:f i Ga ||| Nb lif| Ta |f|| Zr ;g::S!; PPM f*H^;PPM I^^PPM M'iPPM l Wf!:]fPH ;j?CT

22 :;57: 95 5.2-; 247 ^2, 12 i2 111 : 14^.2 47 : : 6t v 103 *:f 251 i'-3; 12 ^2:;109 .ttx.2

^5: <5 ^5 1.10 .210x10"•3: 3.-; ; ;i66 -37x20

5 ;;; 85 fl;: <2 Iff: 3 ;||; ;: 85 :|f ̂ <2 ill;! 2 1111

Chimitec - Bondar Clegg, 1322-B Harrictna, Val-d'Or, Quebec, J9P 3X6, Tel: (819) 825-0178, Fax: (819) 825-0256

CHUVIITEC BONDAR CLEGG fAUCOUVER MAMCH

Rapport Lab Geo^nimie Geochemical Lab Report

i REPORT: C01-62118.0 ( COMPLETE ) REFERENCE:

CLIENT: PLATINUH GROUP METAL PROJECT: RIVER VALLEY

SUBMITTED BY: W.HANYCH DATE RECEIVED: 14-AUG-01 DATE PRINTED: 21-AUO-01

i DATE i APPROVED

i 010817 1 i 010817 2i 010817 3i 010817 4i 010817 5 i 010817 6

i 010817 7i 010817 8; 010817 9'- 010817 101010817 11j 010817 12

i 010817 13; 010817 14i 010817 15i 010817 16i 010817 17l 010817 18

l 010817 19i 010817 20i 010817 21: 010817 22j 010817 23j 010817 24

l 010817 25i 010817 26i 010817 27i 010817 28i 010817 29l 010817 30

i 010817 31i 010817 32i 010817 33i 010817 34i 010817 35i 010817 36


Au Gold - Fire Assay 12 Pt Platinum 12PdAgcuPb

ZnMoNiCoCdB i

AsSbFeMnTeBa

CrVSnWLaAl

MgCaNaKSrY

GaLiNbSeTaT i

PalladiumAg -Cu -Pb -

Zn -Mo -Ni -Co -Cd -Bi -

As -Sb -Fe -Mn -Te -Ba -

Cr -V -Sn -W -La -Al -

Mg -Ca -Na -K -sr -Y -

Ga -Li -Nb -Se -Ta -Ti -

IC01IC01IC01

IC01IC011C01I C01IC01IC01

IC01IC01IC01IC01IC01IC01

IC01I C01

IC01IC01

IC01IC01

I C01IC01IC01

IC01IC01

1C01

IC01IC01I C01IC01IC01IC01

12121212

121212121212

121212121212

121212121212

121212121212

121212121212

LOWER DETECTION

1 PPB 5 PPB1

0.212

1111

0.25

55

0.011

101

11

2020

10.01

0.010.010.010.01

112115

100.010

PPBPPMPPMD DMrrn

PPMPPMPPMPPMPPMPPM

PPMPPMPCTPPMPPMPPM

PPMPPMPPMPPMPPMPCT

PCTPCTPCTPCTPPMPPM

PPMPPMPPMPPMPPMPCT

EXTRACTION

FIRE ASSAY FIRE ASSAYFIRE ASSAYHCL:HN03HCL:HN03uri ' uurftnL/L . tlNUj






(3:1)(3:1)(3:1)

(3:1)(3:1)(3:1)(3:1)(3:1)(3:1)

(3:1)(3:1)(3:1)(3:1)(3:1)(3:1)

(3:1)(3:1)(3:1)(3:1)(3:1)(3:1)

(3:1)(3:1)(3:1)(3:1)(3:1)(3:1)

(3:1)(3:1)(3:1)(3:1)(3:1)(3:1)

i DATE NUMBER OF LOWER i METHOD i APPROVED ELEMENT ANALYSES DETECTION EXTRACTION METHOD

FIRE ASSAY-DCP \ 010817 37 Zr Zr - IC01 12 1 PPM HCL:HN03 (3:1) INDUC. COUP. PLASM FIRE ASSAY-DCP i 010817 38 S S - IC01 12 0.01 PCT HCL:HN03 (3:1) INDUC. COUP. PUSHFIRE ASSAY-DCP i iINDUC.INDUC.I UTM ri riL/iAi .






COUP.COUP.COUP.






PLASMA iPLASMA SAMPLE TYPES NUMBER SIZE FRACTIONS NUMBER SAMPLE PREPARATIONS NUMBER;

i ROCK 12 -150 12 CRUSH/SPLIT S PULV. 12 iPLASMA iPLASMA iPLASMA REPORT COPIES TO: MR DENIS GORC INVOICE TO: MR DENIS GORC iPLASMA iPLASMA *****AAAA*AA*jHt************A*AA*AAA*A**AAAAAAAAAAAAAA*AA**AIIA*****At********'A1 *** i

PLASMA This report must not be reproduced except in full. The data presented in this ji report is specific to those sanples identified under "Sample Hunter" and is i

PLASMA applicable only to the sanples as received expressed on a dry basis unless iPLASMA otherwise indicated jPLASMA *AAAl********AAAAAAA*******AAAAAAAA*AA*AAA*A*AAAA*A*AA*A**AtAA***A*A*A*AAAAA*A*** i

PLASMA !

PLASMA iPLASMA i

PLASMA iPLASMA iPLASMA jPLASMA iPLASMA iPLASMA j

PLASMA ;PLASMA iPLASMA iPLASMA iPLASMA iPLASMA i

PLASMA iPLASMA iPLASMA ;PLASMA iPLASMA iPLASMA i

Chimitec - Bondar Clegg, 1322-B Hanicana, Val-d'Or, Quebec, J9P 3X6, Tel: (819) 825-0178, Fax: (819) 825-0256

CLEGGRapport Lab Geovnimie Geochemical Lab Report

CLIENT: PLATINUM GROUP METALREPORT: C01 -621 18.0 ( COMPLETE )

SAMPLE ELEMENT Au Pt;i Pd ; :ftg; Cu Pb; Zn lap;-- NiNUMBER UNITS PPB PPB PPB PpH PPM PPM PPM PPM PPM

114370 3 11::: 14 -c;?:;'; 70 1*2'" 20 5 :1, 177114371 1 i;511:;l 9 *3J- 33 1*2:. 13 : 2; 19114430 1 ::iii6- 10 x.2: 28 !^2: 26 :i; 1:t1ZO114431 18: 9 ^2i 12 ^2i: 21 :*i 197114432 ^ ^5 : ^ x.2 : ; 26 *2; 61 : 2: 46

114433 -ci :53i 7 x. 2; 9 'X2:. 44 2 '3l 61114434 "1 : '*55 2 x. 25 93 ;: -A 1 55 ;1;.; 2V 40114435 <1 : : 12 5 x.2: 5 : ,*2. 59 lil'!;! 74114436 <1 l. : 13l 4 Xv2i!i' 28 5X2;' : 28 i "i 66114437 *1 6 4 x;, 25 8 i 3 i 66 i 4 56

114438 x1 21;: 37 x;|t 2 :ix2:! 37 :'.3ll04

114439 <1 5*5:; <1 x'^.l 2 ;lx25 47 i: : :2: : 14

PROJECT: RIVER VALLEYDATE RECEIVED: 14-AUG-01 DATE PRINTED: 21-AUO-01 PAGE 1 OF 3

i; Cbl: Cd ;58i5 As ijMj Fe -, : j*rii!i Te Iftsi Cr 5;l;tfl: Sn ;::: :wf La ^lil-i Mg Îca! Na 1||| Sr ||| Ga Iff f Nb |||| Ta ||l|i Zr -^PPM PPM PPM PPM PPM PCT -PPM :PPM PPM PPM PPM VPM PPM :PPM ipCT:i PCT ! PCTl PCT S^^PPM ippSIPPM ^cPPM if**li :;PPM Of^-fPH PCT.; : ,: ; : .;:. : .; :: : : : ;;. :: ,: ; :; :; ; ;.; ^ - : .- : ; :; .y : j;; i : .;.;:,t. : : , : :,:;:y :; ;. : : | ;:;f?;:;I itii ill sil;! Jjisjls; : '::t;:;: :

:i;49-0.4 : : :ii5:i:' <5 :.*S:'5.19 !i:4A8i;xlO ":19ii283 ;:'58ix20 ^20 ; <1 1 ..33;! '1.63 1i3.ilo.20 iSiifllil 30 t||f <2 l|li:ii 2 I|1HO |i|i|i|! <1 Oi,l5:;;:il;6'ix.2 :|^5li <5 i!^!l .57 ,i309;x10 :!: 42!::162 135^20 ^20.1 1 3!,52So.56 2,07lo.69 OMi; 98 i;|2l 5 li;i! 2 l^klO |!i|i5|| <1 Q;.M;!J:!37-0.3 ^V <5 ; :i'*Sl3.87 :;514:xlO !16: 241 !!40 x20 <20;: <1 1.75' 1.84 1,6150.27 i(3Ml 36 ;!|i| ^ ||JSj <1 llii!;*10 liiilBll -*1 O.!02t:!;530.5 'x5 <5 ! ; x5i7.90 ; 4S4 XIQ :;;18;'307 :i75;x20 <2o!ij -:1 1;..422.07 1,4350.25 b.Q4ll 29 !p| <2 i|l3;i 2 !|!i|:;XlO |jd6|:;; <1 ^fli::34 x. 2 x5; <5 1x5 5.70 446x10 546 109 91 x20 *;20 24 2.32 1.52 1i65;0.27 OJ94:: 45 :5l6:5 8 t!!^! 5 SxSJÔ iOi:i84 ; : <1 6.04!,.": : ! : ; 55!:5 ; !555 .5 5.::5::::; :.::::,!: ; :: ; : :.;,. 5x555 5:,, 55 ,: 5:5 :::5:!;::55::: ijis sjSS? IS;!:;! !;!!*ii?!j t!::-!!:?!:!-

• : .:5:.:- î; :i :5::5.; :5.5::;:5;: t;,'::. t:,;.;;: ; : -t;; ; ; ; : ::.;; : .;:. : : ;. .: ; .;,.;;:;5 5;5;: :;5;:;:; : jjp;; p.^; ;; ;5;:;:5:5; ;::::::::;5:!;:;:;5;: s:5 : :;;;;5 3910.3 5*5 ! <5 5x5 5.91 --SW'xlO .;30.il04 T67.X20 ^20!!; 14 3.74 ; 2.49 3!.i:ilfi.75 |^;i;! 33 j||| 8 l;l|| 11 1101x10 |^|1 <1 biOVi32 Q .3 x5 <5 5-eS 5.91 6^7:x10 570:186 !J65 x20 <2b: 10 2.70 1.44 2.53;:!0.35 fi^l 21 ilf;! 7 5:585 11 1:38:^10 6^2136:: <1 b.32!

::.5-::.: :5.:5 :-:'5.:.5 t:,;::.;:: : .:t. ; :.j: : 5 v^;: -. t:'':^:. .- i: '55 SSixtSt: SJJSS 55:5;5: , s!5:5:5 *!:™55;5; : :v53: :.- 19:0.2 5*55 ^ x5 2.50 4465X10 39:381 51 x20 ^20 4 1;73 1.95 2;00;:0.24 0.25:5 7 ssS;:; 3 5;5;9:5 3 ;5;sS;x10 0.082 1 *U0126 1.6 5x5 <5 5x5 4.65 :602 x10 94 262 62x20 *20 13 2.55 1.88 2^.33:0.33 Jj'jisiS:;!; 9 JJ

:;; ' :;: ! :;: !j:t^ : : . v' 1 -^: ^v-^rt': m l" "^ -''^l- 5n ^-i"'* t; lîr:; 9 L* ^*rc?: L7 W^^' ?n ^

5: : 950.3 ii!^ ^ 5x5!2.33 ;3p1 x10 172 : 196 5*11x20 *20!! 23 1v13:0.64 Ov54!!!0.15 |0,685 31 |

•55 5: 5:5:5:. : :' 5;5:55: 555:5.5;; 5 : 5' :5,; :..:;; : .;: ;55:: : :: vt-^l'i" ^^'t liliis 1

:l'l : 5 : i liB'J; 5115:!' lillliti !;;: : '5';: : ;i : ' : .i': ;';! : : ;!! : .;;..;!;;.i 'îi,: : : i: :;5! : 5;' ; ;| |||!| |

;55!;!;i;;. JW;- ::55!:5: s:!:!s!:!| iii!;!:; i-M ilil.l;? Îfl:! jit : . :-i'il liil i

:l5cl tl;:55 : syiii ^.iflj \M^ itviil-. l-;i!; : l ;1 :l : i : i;i;.. ;: : 1;-1:11- l:!: lil l

I : !i:i5 I'lll lii-l'l Hill:;:!: i^'-fv : i:i;'i-:-\ flti! !-- ; :itl! : : : ; i : l!:ll: l!i ;!il! i

ii;i; 8 HI! 4 |l|lx10 |ii|||l 'C 1 *: .:0il :

s:!:; 5J5J55: !5;5J55! ss?s;i;s : !t ; !t! : ;! : : : ; S| 5 jm 5 :12:!;X10 flsllf!;: <1 ^;B1!:;:

ill 111 li! Hill l!;!';!

-; : ;-*':' : ::-:':''':': : :-; '•'.•y.-:-:-:-:-: ;:;:oxv:[:-X;:-:; ; : .-:/. :-:-;-~ :-:-:-:': v:':-;-;-.-:-.- i-:-:-:-'.':-:-;-: -:-:-:-:-:-y. :-:-:-:-:- .-,;.-/.- ;.\-. .

!;!l!; i:: :i l|;! ill;!;!; i!|l!:p! : :I-!S is If!! lilff !!!5:1-!J11:5! mjffl

j|: iJ!!: : : :JjJ!; ?|;|!;:i: miA^ t':! -M

Chimitec - Bondar Clegg, 1322-B Harricsna, Val-d'Or, Quebec, J9P3X6, Tel: (819) 825-0178, Fax: (819) 825-0256

cmivinrEcBONDAR CLEGG

Rapport Lab Geochemical Lab Report

j CLIENT: PLATINUM GROUP METAL PROJECT: RIVER VALLEYi REPORT: C01-62118.0 ( COMPLETE ) DATE RECEIVED: 14-AUG-01 DATE PRINTED: 21-AUO-01 PAGE 2 OF 3 ;

STANDARD ELEMENT Au iiptl Pd 'AH Cu |ifC Zn : i;!Np| Ni ;leol Cd Isil As Isi:; Fe iMnl Te lBa|; Cr lyl Sn pi| La i;p|;| Mg I'Cal Na ||iif Sr fl| Ga llff Nb ||cf Ta ||||| Zr ||:|1NAME UNITS PPB PPBjPPB PPM ;PPM PPM PPM PPM;pPM PPM PPM P^ PPM PPM: PCT ^PMiPPM PPM :PPM PPM PPM PPM|PPM xPCTx PCT lfct| PCT l&JlPPM fpi^PPM pjfJlPPM lft|PPM ;|;PC||PPM llftl

:. ::: : : :::v: •.••.•x1 ;; ..-.:.:..;.- -:; 1 ;.;; ::;:;:::::; H;:'::/ : :-:: : :- : x ;;y.v:. ::;- : .-,:: ;" ;:;; :.f m: :ymm mm *- ***: ™^ :: '™ws : *-::::: * :::: -: : '-^: ' : '--i-- -:-':i v : :; x,' : -x. : i-: : : ''-''-' v - ::jt : - : ' v.:-V: K ;: v: : x- :;v': x-- 1 -:;:- 1:: : : :-::- -v-:.v. x-'. : :;;;; - wsjip

Nunber of Analyses 1 ill ill/: 1 HI 1 ill lijv 1:;.;!; 1 il : - 1 Hll 1 Hll 1 lil 1 Jill-- 1 .Sil 1 Hill lllll 1'-\;.- .-. , '-'.-. •.•.'.-:- '-' "- ' ' ' : ' ' . . ; : ~ ;. . - - .;..- ... ' .- - -. -- ' - ' .- . : '.-'- : -.-'-' : ~ ' :. :-: . : ' :,/: ... :-,-:' -'.- -. -,- -. : - ''- - : : : : ' : i '-'-:v '•:':''.'5,'s'.':':-:'

Mean Value *:1 -f^- <1 0.1 -:1 I;!;? 1 :-^1: <1 ^vÔ.I : |;3x 3 |:3: :0.01 ^.^H 5 :*3; ^ -^1:: : 10 vi'pi;. <1 ^bl-x.OI *vOl|^.01 WMii *1Standard Deviation -111 - | -T -Hi - |': :i -i-.-r'-' - 1H - :|H -Hi - IH - |H -11? -Ill: -li: - |i|| -Accepted Value 5 : 5: 5 0.2 1 x :2; 1 ; i: 1 1 1.0 ••'•2-'. 5 ::5: 0.05 ;1: ^ *1 1 .•i.l;. <1 xi;; t1 ^01 x.01 ^.Ol^.OI ^01:;: <1

-x-'-vV :;---: : x: .:.y;-:,: I'-J--1 - :-:.xx :: ;- . ;:::;:.;: : -:.'. v-:.:::.:;;::-; Hhi: :---: ;- ;: ; ;::::xv Z-k ^l-::-:; : : :: .•,;:':i; iiiJil

WPR " 1 ^ 273.:;243 ; ::|': : ;. ' x:!!:/ - ;|x';' : ~ :;'};:"::. - 2*t ~ ^ ~ -^^ ~ | :;|: : ~ ;| ; :;| ' :;:::^ :; " jiia;.;: " ll'S! " IH||Nunber of Analyses 1 •;- : j,:;; 1 ::' ;-| - .Sf^j - :-;:;;^:: - V^-::: - :: ; :r:v - :|;s:: - ^M: - ^--::: - '^-./: - !;^ - |:|:*x: - |;:, ; ;jf| - ||||| -Mean Value 46 2731243 i-|y: - ill - ;liil - :i:l ;|l - : ' lil - IH - HH - :i;iil - 111: - SI - 'ijjfj - :H;i|| - l|||i -

Standard Deviation - IH - xll - -IH - HI -1:11 -111 --lil - iH - ii - Hi: •111 -Hi ' 1H1 •1111 'Accepted Value 42 |85;;235 HI - ;||1 - plf - H| - ;|H - ll-l - |l|l - IH - |;f -|i:| - li| - 1; ;|! - |||| -

CANMET LKSD-2 - IH - O.sl 34 l35;;166 li?! 24 l:1^:;1.0 il^Sl 10 iii:^5ii3.96 I69?x10 201;: 35 W&GO ^20 : ii 56 |M;i;0.60 0.58i;io.04 Oil 34

Nunber of Analyses - i;-l - llll 1 iiii 1 Itjil 1 ilill 1 111 1 111! 1 llll 1 f!! 1 ii|iil 1 111: 1 111 1 lli||i| 1 11111 1Mean Value - pl-l - 6.3l 34 -::35ll66 li : i:2-l 24 IPill.O Ii3l: 10 l|.: '3.96 16??.; 5 21311 35 ;i;49| 10 I*!?: 56 1^:0.60 01-58:0.04 ii||| 34Standard Deviation - x :;-:: : - - :^' : : ; - .^x^:;: - iil'ff: - : : : : : S:: : - ;-:;;*:- - ;:;-:*;: : - ~X;?.* - ••^•: - ;V;;-T ; : : : - "f*t - fy^t^ - i-x'oS;!; - i;i;i;Sffi -

Accepted Value - :::.i-il - O.flii 36 40i 200 |i- :2l 23 il|^:.0.8 Wl 9 :;::.lii ;:3.50 J84Q:: - 2ll i 29 i.48;: - |i|i 58 î.|slo.60 ^58;i;io.04 i,|||: 30

HI ;:"ill -lil HI 1-lii'i ill IP llll 111; ;i| :i lin lil llll if III

Hiv :IH 1H;: 'HI I: '' :V;: ' V lil-ii 111 Illil H" IH ilill lllii ill iilliiii

i;l.::l H'il l'-;ll IH :HI: illl 111 lil 111 H-i; i illl lli 1:1:1 llll 111; 111 i|i|:l ||iv IH liii lii |||; 11| l|l :1|| iiH/ii ;i|li il|;l

IH 111 l;li|' liii. lil !!l lil ill; 111; Hi illl lip 1111 l!;!!

li ̂ II ̂ HiUo llll: *i lilill 1 1 II 1 HI 1 llll 1 111;111 1 1*|| -o fll! s i?i;005x: ; ^ *a^ll•m x:^:* |;p ' : '^^ Spl

ifll M 111 liij|:;; " | m ~ mm ~ i™;?;!*? " vmm

|1: - iw* ~ ;

:il 4 i

III 1 iH 4;HI - iit i 4

II - illl - Iilliiii - ilillIII - l|li - ilill - iilllIi;:; - ;;:|S| - ||i3||| - JlHiii

lil 2 ilNio iiili 3 iiiiii 1 l|i; 1 |i;||| i i|ISj:s 2 Hi&l 5 ijvîWl 3 OiSOl:l|| . iiii - ilill - 11111m 6 1||;; - lllll;; - gjms;;;;; mm ;;;:;;:;;;;;;;;;; mmt

l in ifij in

Chimitec - Bondar Clegg. 1322-B Harricana, Val-d'Or, Qufbec, J9P 3X6, Tel: (819) 825-0178, Fax: (819) 825-0256

i ^L-J \cmivirrECBONDAR CLEGG

Rapport Lab Gee ̂ nimie Geochemical Lab Report

CLIENT: PLATINUM GROUP METAL REPORT: C01-62118.0 ( COMPLETE ) DATE RECEIVED: 14-AUG-01 DATE PRINTED: 21-AUO-01


SAMPLE ELEMENT Au î' Pd Âg! Cu ^ftil Zn ;-:Mp'; Hi SCpf Cd '-*ij As V-Sb| Fe :|ijiirv:: Te sfta); Cr ;|*i Sn S.;iW;; La fMli Mg S;;Ca1 Na lip Sr ilp Ga ilip: Nb ;i;S| ; !; Ta i||f;J| Zr NUMBER UNITS PPB PPB PPB PPH PPM PPM PPM PPH :pPM PPM PPM PPM :PPM PPM PCT PPM: PPM PPM PPM PPM PPM PPM PPM PM : PCT PCt:| PCT iftîPPM I'PMPPM IFfW?PPM iPPM iPPM si::Stti;iPPM

114436 Duplicate : 12:

4 ^.2 4 *.

: 28 ^?; : 2827 :;^2: ':: 30 :

66 s^ViO.Z : 70 i 20 0.3

4 1:. :r3 : 1.95 2iQ|;;:0.24 1^,25;?: 7 :||| 3 ;||| 3 4 iWiZ.ZO 2,28;::0.28 ?i29' : 8 :5v 4 :| 4

Chimjtec - Bondar Clegg, 1322-B Harricana, Val-d'Or, Quftec, J9P 3X6, Tel: (819) 825-0178, Fax: (819) 825-0256

CHIIV1ITEC BONDAR CLI


REPORT: C01-62212.0 ( COMPLETE ) REFERENCE:

CLIENT: PLAT IMUM GROUP METAL PROJECT: RIVER VALLEY

SUBMITTED BY: U. HANYCH DATE RECEIVED: 20-AUG-01 DATE PRINTED: 28-AUO-01

; DATE i APPROVED

i 010823 1 i 010823 2i 010823 3: 010823 4i 010823 5i 010823 6

i 010823 7i 010823 8i 010823 9i 010823 10l 010823 11i 010823 12

! 010823 13i 010823 14'•- 010823 15 i 010823 16i 010823 17i 010823 18

i 010823 19i 010823 20: 010823 21i 010823 22i 010823 23i 010823 24

l 010823 25i 010823 26; 010823 27i 010823 28i 010823 29i 010823 30

i 010823 31l 010823 32i 010823 33i 010823 34i 010823 35i 010823 36


Au Gold - Fire Assay 5 Pt Platinum 5PdAgCuPb

ZnMoNiCoCdBi

AsSbFe MnTeBa

CrVSnWLaAl

MgCaNaKSrY

GaLiNbSeTaT i

PalladiunAgCuPb

ZnMoNiCoCdB i

AsSbFe MnTeBa

CrV -SnW -LaAl

MgCaNaK -SrY -

GaLiNbSeTaT i

- IC01- IC01- IC01

- IC01- IC01- IC01- IC01- IC01- IC01

- IC01- IC01- IC01 - IC01- IC01- IC01

- IC011C01

- IC01IC01

- IC01- IC01

- IC01- IC01- IC01

IC01- IC01

IC01

- IC01- IC01- IC01- IC01- IC01- IC01

5555

555555

555 555

555555

555555

555555

LOWER DETECTION

1 PPB 5 PPB1

0.212

1111

0.25

55

0.01 1

10111

2020

10.01

0.010.010.010.01

11

2115

100.010

PPBPPMPPMPPM

PPMFPMPPMPPMPPMPPM

PPMPPMPCT PPMPPMPPM

PPMPPMPPMPPMPPMPCT

PCTPCTPCTPCTPPMPPM

PPMPPMPPMPPMPPMPCT

EXTRACTION

FIRE ASSAY FIRE ASSAYFIRE ASSAYHCL:HN03HCL:HN03HCL:HN03


HCL:HN03HCL:HN03HCL:HN03 HCL:HN03HCL:HN03HCL:HN03



HCL:HN03HCL.-HN03HCL:HN03HCL:HN03HCL:HN03HCL:HN03

(3:1)(3:1)(3:1)

(3:1)(3:1)(3:1)(3:1)(3:1)(3:1)

(3:1)(3:1)(3:1) (3:1)(3:1)(3:1)

(3:1)(3:1)(3:1)(3:1)(3:1)(3:1)

(3:1)(3:1)(3:1)(3:1)(3:1)(3:1)

(3:1)(3:1)(3:1)(3:1)(3:1)(3:1)

\ DATE NUMBER OF LOWER i METHOD i APPROVED ELEMENT ANALYSES DETECTION EXTRACTION METHOD

FIRE ASSAY-DCP l 010823 37 Zr Zr - IC01 51 PPM HCL:HN03 (3:1) INDUC. COUP. PLASH FIRE ASSAY-DCP ; 010823 38 S S - IC01 5 0.01 PCT HCL:HN03 (3:1) INDUC. COUP. PLASHFIRE ASSAY-DCP ; jINDUC.INDUC.INDUC.


INDUC.INDUC.INDUC. INDUC.INDUC.INDUC.




COUP.COUP.COUP.


COUP.COUP.COUP. COUP.COUP.COUP.




PLASMA iPLASMA SAMPLE TYPES NUMBER SIZE FRACTIONS NUMBER SAMPLE PREPARATIONS NUMBER!PLASMA ---------------------------- — - — ~~-.~— —— — — -- ——— .-.--.--..--... — -;

: ROCK 5 -150 5 CRUSH/SPLIT S PULV. 5 iPLASMA iPLASMA iPLASMA REPORT COPIES TO: MR WALTER HANYCH INVOICE TO: MR WALTER HANYCH ;PLASMA iPLASMA *AAAAAAAAAA AA AA AAAA AA AAAAAAAA AA AA AAft* A'AA***'**AAAAAAl Al A*AlAA AAAAAA AAAAAAAA AA AA AAAA A :

PLASMA This report must not be reproduced except in full. The data presented in this !i report is specific to those sanples identified under "Sample Number" and is j

PLASMA applicable only to the sanples as received expressed on a dry basis unless iPLASMA otherwise indicated i

PLASMA \PLASMA iPLASMA i

PLASMAPLASMA ;PLASMA iPLASMA iPLASMA ;PLASMA i

PLASMA ;PLASMA jPLASMAPLASMA jPLASMA iPLASMA i

PLASMAPLASMAPLASMA lPLASMAPLASMA iPLASMA :

Chimitec - Bondar Clegg, 1322-B Harricuia, Val-d'Or, Quebec, J9P 3X6, Tel: (819) 825-0178, Fax: (819) 825-0256

CHUVIITEC BOIMDAR CLEGG

Rapport Lab Geouiimie Geochemical Lab Report

i CLIEMT: PLATINUM GROUP METAL

i REPORT: C01-62212.0 ( COMPLETE ) DATE RECEIVED: 20-AUG-01 DATE PRINTED: 28-AUO-01 PAGEPROJECT: RIVER VALLEY 1 OF 3

SAMPLE NUMBER

114372114373114374114440114441

ELEMENT Au .ft.;- Pd M:, Cu UNITS PPB PP :PPB PPMJPPM

: : Zn ^Mov Ni :;;Co; : Cd sir::; PPM PPM ;PPM PPH PPM JRRH'i'

As ';fm fe i^m Te ;|sj- Cr ^ Sn PM P^M'i; PCT iSffliiPPM F-PtillPPM PPM::PPM

; La ^'W M9 ;PPM ::PCTT PCT :

Na PCT

|i;: Sr Ga Nb ; Ta :|:i|| Zr l|i!;PPM

3 5.2:

32 ':M 50 :-*i : 48 ;;:36x.2 ^ ̂ : : : :*5?:6.35 Wf;*W 213v: 93 i20;:x20 520; : ; 14 1i:5:1|l.65 |ii|i|0.18 jpig? 37 lip ^ P|| 5 1*|:*10 jS;|7|s 6 bM:36 ^2y 66 ,--?1 . 58 ^:;0.3 ;. ;|5;: ^ ; : :;*5 :;6.36 ;:^38^10 6D1/ 87 M <20 "f2d; 23 2^-1.72 3:^10.39 ||i|| 37 |||| 3 11|| 5 |||:H10 11!^ 3 OfiBZ-;34 -;^2. 60 '-;*i;:' 70 ^:^0.3 ":^, <5 .; :; ^;::9.62 Jli^-OO 160' ; 114 ?|lB;.x20 i20.; 25 O9':'2.68 i:44:;b.24 1^1 46 Wjj: 4 ||| 7 :|^;^10 |i||; 8 O^f:'10 :3- 94 "i*!) 11 :,2|: ' : 0.3 ^ ; ;:;*S:' ^ :;;^5 ::*.20 :X705^10 315 : 174 1;35 ^20 520 11 2.44:;;0.92 1.74;;;0.23 0^:; 14 i:||;:i: 6 if; 7 |l|^10 ^321:;: 6 O.ffi79 ;X2. 60 ;'^1 223 ;;22 x.2 : ; :^'/ ^ i ^5^:3.40 ;281: ^10 ;;20' : 743 ;;73;^20 *;20 6 OM:1.70 0;93:;b.11 ijif^'i': 3 P^ <2 :p;: 3 M:;^10 M& ^ O-fll

Chimitec - Bondar Clegg, 1322-B Harricana, VaWOr, Quebec, J9P 3X6, Tel: (819) 825-0178, Fax: (819) 825-0256

cmivirrECBOIMDAR CLEGG

Rapport Lab Geochemical Lab .Report

CLIENT: PLATINUM GROUP METAL REPORT: C01-62212.0 ( COMPLETE ) DATE RECEIVED: 20-AUG-01 DATE PRINTED: 28-AUO-01


STANDARD ELEMENT Au 'M-;. Pd -iAsh Cu :;Pb;. Zn :xMo. Ni |ppl Cd |Bi| As : !-Sl5;; Fe |i;Mn: Te : : lS;;. Cr ^yi; Sn ;;;;;M';; La is.^: Mg ;- :Ci| Na ||g| Sr ;||| Ga ||i|| Mb jjSjj Ta NAME UNITS PPB PPB PPB PPM PPM PPM PPM PPM PPM PPM PPM PPMiiPPM PPM PCT fm PPM PPM PPM PPM :PPM PPM :PPM ipCT PCT PCT| PCT ilicflPPM jî-PPM fWii;PPM jî'ipPM

ANALniCAL BLANK

Nurber of Analyses Mean Value

Standard Deviation Accepted Value

ST 248Nuiber of Analyses Mean Value Standard Deviation Accepted Value

CANMET LKSD-2 Nuiber of Analyses Mean Value Standard Deviation Accepted Value

Illf Zr iillî:liippM iip

•' ' "' ~ -••.T. i :': : rV/r^. ' ': : ' : ''"-" " '•'•':- :\.- •'•-'- .•:-.-~- " -" '-'. •-••••. .-'.-.'..-m .-.- •'.•-.\. - o*T : ." 1-: : :": :-: : - ': : * ;'.':" ' Y ';''-.' - \ ' : ~". . - '•••'- . - ' " ' : i " 1 ' ' ' ' : " ' ' : '": '" : ' : : '- ' : ' : ,-'-. li: '"'': ' .':'' : : : '':V : ' ':' - ' - ' '. '- .''""-: : : '. . ; . : : : ' ; :- ' ' - ' ,- : . :

" : : '--- . '-'... : :-. -'-.".''- : ' .'.y.- :.~~ ••'•'••-. -. '•-'•.'••' ,'. :;: : : . : . : . : '.- •:-.-.:-. :o. ; . -- '-:':-: : - -' . - - '•'•'-'•;'-. •''-.'.•''•'''•'.'•''•. ' . : . .•.-".' ' :

: :' ' '. . "' . .-.- . ; ' : : -~- •••••- :":-. " - . ' - . .-. ..' -;.:: " •.••.-.-.•.•. .- ..;' -. -" . -:.- -- ':":::-:.' .-'.*':--'.'~.-~" * •:." -. -:-

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984 |6p,ii39 i;|;i|i- - ;|f - ;i:. -;'i - |-i -ii; - |i|i - |i|| - 1;;;;;; - |i|;; - W': - i;|-l - i|gi - i:|.;i|

984 ;ili;ii639 :i:; i :: :i-ii : ii - ll;:i - ;- :: iVs; - W - 4i - li - li! - it - -M - lil:. - Hi - ^ - ii - :l:i: - li1 - i :P" - 4^ - A - Mi - Pi: - ii - i: ; -ii: : - Ut - K - :- v;-i

- ; - 6,8 34 :;33;190 i ii 24 18 io.7 1:5 9 ;;x*S:::3.87 1796;;X10 214 32 ;46ix20 ^20 58 1i^:0.60 p.iiS'i;;';;: ' f^- 1 .K.;:?;-; 1 :: : ; : ;'1 : : -: 1 :;;.;;| :: : 1 ::'-.::i1.;:' : 1 -'iiiiii? 1 -i;;:? 1 !;: 1 ;i;.::l: : 1 s/itii 1 v-?^ : 1 Mf s 1 ••.-xx-

- i- - fl.8x 34 33 190 xl 24 18 B. 7 3 9 3 3.87 1796 5 214 32 4^ 10 :10 58 1,76i0.60 OJ61:•.-.-.•.- "- -.- ' - 1 ' - 1 -:-'' -.- ' -.- -. . . . . . . . . . . . . . . .. . ... ..... . . . ,. . ... ..-. : ; ; : : : :-: : ; :-; . : v. .~. ' ;-;-:-. ' .•.-'•.•'•. .- •:-.-. -: ~ -- - : '-'' "' -' '• .- -.- vxo. ' "' '' '-' '''' '-: ' ' :-:-: : -: : ' '.•••-.-: . ~ :".::-: :: :: : :-'-' : .- /:': : : ' : : ' '-: :-;;^v' :..- -'. .;. '•'•'•:-' . .•'.•'.-.•:-.-.- -:- -.•:-'.-'.- - '•'•\-:\-:-.\-.- - ••••.•••'•: '-y :

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<.01 viiOiij <1 i;i;?

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: : : : ;-:-:'; : L : ; : :': : :' '.v :-;-:-:-:-:-:-:-:-;-: :-:-: y.-:-y.-:yy-y yy.

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f E ?:-i : i:.::i? is?- Si ^siis:•\ y.'- ; : :'j.!*y'.-:-, : . : ;-. -.-,- :,'.- ' :-.- : * V^ •:::-: ;.-;..;-;y.-;: ;-,-. : ,-"-.'.-: : . ' . : .-.-:-:.

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l " II



Rapport Lab Geounimie ^™^-________Geochemical Lab Report

CLIENT: PLATINUM GROUP METAL PROJECT: RIVER VALLEY REPORT: CO1-62212.0 ( COMPLETE ) DATE RECEIVED: 20-AUG-01 DATE PRINTED: 28-AUO-01 PAGE 3 OF 3

SAMPLE ELEMENT Au '.Pi: Pd ^ : ;Ag ; Cu ^ Zn '^Mo; Ni ;W Cd •'w As '^[ Fe ^MrV Te W; Cr ; v;V; Sn ^lir La ^Al) Mg -• : '-;Ca;|: Na jjjgj Sr |;||; Ga ;!;||:i Nb ;|;|g| Ta ;;|||:i:;:; Zr ; ; : -;-: :S: NUMBER UNITS PPB PP8 PPB PF*1 PPM PPM PPM PPK :PPM PPM PPM PPM PPM PPM PCT •f'PM PPM PPW^PPM PPM PPM PPM PPM PCT PCT ;':PCT| PCT Sfft^iPPM f^xPPM ||i;iPPH j&fPM ^fC^fPH :PCT:

Duplicate 1 ^ *:1 i,2 32 *2. 57 *1 69 .^44.:0.3 ^S ^ *5,9.07 1.136x10 152 :107 107x20 *20 23 1,32^2.56 1.56|0.22 |i64; s 43 'jjjji *Z 1|| 6 :;i||;HlO Vtfjjtj: 7 0;:1

Chimilec - Bondar Clegg, 1322-B Hamctna, Val-d'Or, Quibec, J9P 3X6, Tel: (819) 825-0178, Fax: (819) 825-0256

CHIIVIITEC BOND/VR CLEGG

Rapport Lab Geochemical port

1-62316.0 ( COMPLETE REFERENCE:

ATINUM GROUP METAL IVER VALLEY

SUBMITTED BY: F. RACICOT DATE RECEIVED: 30-AUG-01 DATE PRINTED: 10-SEP-01


Au Gold - Fi re Assay 14 Pt Platinum 14PdAgCuPb

ZnMoNiCoCd Bi

AsSbFe MnTeBa

CrVSnWLaAl

MgCaNaKSrY

GaLiNbSeTaTi

PalladiimAgCUPb

ZnMoNiCoCd Bi

AsSbFe MnTeBa

CrV -SnW -LaAl

MgCaNaK -SrY -

GaLiNbSeTaTi

- IC01- IC01- IC01

- IC01- IC01- IC01- IC01- IC01 - I C01

- IC01- IC01- IC01 - IC01- IC01- IC01

- IC01IC01

- IC01IC01

- IC01- IC01

- IC01- IC01- IC01

IC01- IC01

IC01

- 1C01- IC01- IC01- IC01- IC01- IC01

14141414

1414141414 14

141414 141414

141414141414

141414141414

141414141414

LOWER DETECTION

1 PPB 5 PPB1

0.212

1111

0.2 5

55

0.01 1

101

11

2020

10.01

0.010.010.010.01

112115

100.010

PPBPPMPPMPPM

PPMPPMPPMPPMPPM PPM

PPMPPMPCT PPMPPMPPM

PPMPPMPPMPPMPPMPCT

PCTPCTPCTPCTPPMPPM

PPMPPMPPMPPMPPMPCT

EXTRACTION

FIRE ASSAY FIRE ASSAYFIRE ASSAYHCLHCLHCL

HCLHCLHCLHCL

:HN03:HN03:HN03

:HN03:HN03:HN03:HN03

HCL:nNuo HCL:HN03

HCLHCL

HCLHCL

:HN03:HN03

:HN03:HN03

HCL:HN03

HCLHCLHCLHCLHCLHCL

:HN03:HN03:HN03:HN03:HN03:HN03

HCL:HN03HCLHCLHCLHCLHCL

HCLHCLHCLHCLHCLna

:HN03:HN03:HN03:HN03:HN03

:HN03:HN03:HN03:HN03:HN03:HN03

(3:1)(3:1)(3:1)

(3:1)(3:1)(3:1)(3:1)(3:1) (3:1)

(3:1)(3:1)(3:1) (3:1)(3:1)(3:1)

(3:1)(3:1)(3:1)(3:1)(3:1)(3:1)

(3:1)(3:1)(3:1)(3:1)(3:1)(3:1)

(3:1)(3:1)(3:1)(3:1)(3:1)(3:1)

DATE NUMBER OF LOWER METHOD \ APPROVED ELEMENT ANALYSES DETECTION EXTRACTION METHOD

FIRE ASSAY-DCP i 010906 37 Zr Zr - IC01 14 1 PPM HCL:HN03 (3:1) IMDUC. COUP. PLASM FIRE ASSAY-DCP l 010906 38 S S - IC01 14 0.01 PCT HCL:HN03 (3:1) IMDUC. COUP. PLASMFIRE ASSAY-DCP \ ':-INDUC.INDUC.INDUC.

INDUC.INDUC.INDUC.INDUC.INDUC. INDUC.

INDUC.INDUC.INDUC. INDUC.INDUC.INDUC.




COUP.COUP.COUP.

COUP.COUP.COUP.COUP.COUP. COUP.

COUP.COUP.COUP. COUP.COUP.COUP.




PLASMAPLASMA SAMPLE TYPES NUMBER SIZE FRACTIONS NUMBER SAMPLE PREPARATIONS NUMBER;PLASMA ----------------------------- — —— -~~ ~~~~~ — -. — - .--—- —— .---— ——— - —— ......\

i ROCK 14 -150 14 CRUSMy:^PLIT Z PULV. 14 jPLASMA iPLASMA iPLASMA REPORT COPIES TO: MR DENIS GORC INVOICE TO: MR O^NIS CSORC lPLASMA i

PLASMA This report irust not be reproduced except in full. The data f^H-^szsant^sd in this j; report is specific to those sanples identified under "Sanple N*—fnfc*er*™ and is i

PLASMA applicable only to the samples as received expressed on a dr^ fc^asis unless iPLASMA otherwise indicated i

PLASMA iPLASMA iPLASMA j

PLASMAPLASMA iPLASMA iPLASMA iPLASMA ;PLASMA l

PLASMA lPLASMA iPLASMA ;PLASMA iPLASMA jPLASMA i

PLASMA jPLASMA iPLASMA lPLASMA iPLASMA jPLASMA i

Chimilec - Bondar Clegg, 1322-B Harricana, Val-d'Or. Quebec, J9P 3X6, Tel: (819) 825-0178, Fax: (819) 825-0256

9 i" CO

o

PLA

TIN

UM

GR

OU

P M

ETA

L M

R D

ENIS

GO

RC

30

1-11

10 H

AM

ILTO

N S

T.

VA

NC

OU

VER

, B

.C.

V6B

2S2

++

++

CO a P 9 o X

11 * O

Or

'O

CHHVHTEC BONDAR CLEGG

Rapport Lab Geounimie Geochemical Lab Report


CLIENT: PLATINUM GROUP METAL PROJECT: RIVER VALLEY

REFERENCE:

SUBMITTED BY: U.HANYCH


i DATE NUMBER OF i APPROVED ELEMENT ANALYSES

l 010803 1 Au Gold - Fire Assay 51 i 010803 2 Pt Platinum 51i 010803i 010803i 010803i 010803

; 010803i 010803i 010803i 010803i 010803j 010803

i 010803! 010803! 010803i 010803i 010803j 010803

i 010803l 010803i 010803\ 010803j 010803i 010803

i 010803i 010803i 010803; 010803i 010803i 010803

i 010803i 010803i 010803; 010803i 010803i 010803

3 Pd4 Ag5 Cu6 Pb

7 Zn8 Mo9 Ni

10 Co11 Cd12 Bi

13 As14 Sb15 Feli Unlo m17 Te18 Ba

19 Cr20 V21 Sn22 W23 La24 At

25 Mg26 Ca27 Na28 K29 Sr30 Y

31 Ga32 Li33 Nb34 Se35 Ta36 Ti

PalladiunAgCuPb

ZnMoNiCoCdB i

AsSbFeMnTeBa

CrV -SnU -LaAl

MgCaNaK -

SrY -

GaLiNbSeTaT i

- IC01- IC01- IC01

- IC01- I C01- IC01- IC01- IC01- IC01

- IC01- IC01- IC01- IC01- IC01- I C01

- IC01IC01

- IC01IC01

- IC01- IC01

- IC01- IC01- IC01

IC01- IC01

IC01

- I C01- 1C01- IC01- IC01- IC01- IC01

51515151

515151515151

515151515151

515151515151

515151515151

515151515151

LOWER DETECTION

1 PPB 5 PPB1

0.212

1111

0.25

55

0.011

101

11

2020

10.01

0.010.010.010.01

11

2115

100.010

PPBPPMPPMPPM

PPMPPMPPMPPMPPMPPM

PPMPPMPCTPPMPPMPPM

PPMPPMPPMPPMPPMPCT

PCTPCTPCTPCTPPMPPM

PPMPPMPPMPPMPPMPCT

EXTRACTION

FIRE ASSAY FIRE ASSAYFIRE ASSAYHCL:HN03HCL:HN03HCL:HN03



HCL:HN03HCL:HN03HCL:HN03HCL-.HN03HCL:HN03HCL:HN03


HCL:HN03HCL:HN03HCL:HN03Ha:HN03HCL:HM03HCL:HN03

(3:1)(3:1)(3:1)

(3:1)(3:1)(3:1)(3:1)(3:1)(3:1)

(3:1)(3:1)(3:1)(3:1)(3:1)(3:1)

(3:1)(3:1)(3:1)(3:1)(3:1)(3:1)

(3:1)(3:1)(3:1)(3:1)(3:1)(3:1)

(3:1)(3:1)(3:1)(3:1)(3:1)(3:1)

; DATE NUMBER OF LOWER METHOD \ APPROVED ELEMENT ANALYSES DETECTION EXTRACTION METHOD i

FIRE ASSAY-DCP ; 010803 37 Zr Zr - 1C01 51 1 PPM HCL:HN03 (3:1) I NDUC. COUP. PLASM FIRE ASSAY-DCP ; 010803 38 S S - IC01 51 0.01 PCT HCL:HN03 (3:1) INDUC. COUP. PLASHFIRE ASSAY-DCP ; ;INDUC.INDUC.INDUC.






COUP.COUP.COUP.






PLASMA iPLASMA SAMPLE TYPES NUMBER SIZE FRACTIONS NUMBER SAMPLE PREPARATIONS NUMBER:PLASMA ------------------------------ .......-.............--------- ------------.-------------.;

i ROCK 51 -150 51 CRUSH/SPLIT i PULV. 50 iPLASMA AS RECEIVED 1 iPLASMA iPLASMA iPLASMA REPORT COPIES TO: MR DENIS GORC INVOICE TO: MR DENIS GORC jPLASMA iPLASMA *A**A***A****AAAAAA*AAA***AAA**AA*AAAAAAAAAA*AAAA*AAAAA*AAAAAAA**AAAAAAAAAAA*AA* i

i This report must not be reproduced except in full. The data presented in this iPLASMA report is specific to those sanples identified under "Sanple Number" and is iPLASMA applicable only to the sanples as received expressed on a dry basis unless ;PLASMA otherwise indicated j

PLASMA iPLASMA :

PLASMA lPLASMA ;PLASMA ;PLASMA iPLASMA ;PLASMA i

PLASMA iPLASMA iPLASMA iPLASMA ;PLASMA \PLASMA i

PLASMA iPLASMA lPLASMA lPLASMA ;PLASMA iPLASMA i

Chimilcc - Bondar Clegg, 1322-B Harricina, Val-d'Or, Qufbec, J9P 3X6, Tel: (819) 825-0178, Fax: (819) 825-0256

CHIfVIITEC BONDAR CLEGG

Rapport Lab Geoîimie Geochemical Lab Report

i CLIENT: PLATINUM GROUP METAL

i REPORT: C01-61838.0 ( COMPLETE

SAMPLE

NUMBER

114361

114362

114363

114364

114365

114418

114419

114420

114421

114422

114423

114424

114425

114426

114519

114520

114521114522114523114524

114525114526114527114528114529

114530

114531

114532

114533

114534

ELEMENT Au it"!;' Pd ;Ags

UNITS PPB :PPB PPB PPM

Cu ;;Pb Zn |;Mo

PPM PPM PPM PPM :

1 :

3862 i;

20 ;7 ;;54 11 \

: !:*5.;- <1 *..2|ill.!;! 2 ^.2|

: ; .49: 52 *.2;|;49 129 t.?!!:;!l4 94 *,2|

| 73: 30 *;2||20 21 *;|: ;'.|.23:. 10 *,2|lx:;7| 9 *J|'Iffe;; 15 *J:

59899

102026

539335173157212

•••*Z ' 50

;^2 67-?2; 9

1x2'! 12

::*2 9

'Mi t*l-e? 21

•?2 16l*2l 9^1 49

:l:'2|::|l2||ci:!•-tt;

'•' : - : : ; --

C?!:: : |:;

Hill

1x21Hll:;!

1 f-j;;: 2 Si?;' 76 ; :|:3|: 299 li: |f. 21 *;2l 95 1x2;! 13

263 178211197 2;9VlOOOO |:-?2|244i ::5 ;: :

4 14 1s 14 l4 1

16,9 ;

1317 l7:

12 !12 i;11 ;1214

ll-s! <1 iM!;52| 47 ^2|

I-49I 37 *:;2'IM 42 *:i:!:48|: 39 îii:|4|l 36 I&!|!36|; 24 ^2|

i35 29 *1:2';'l!30. 21 *:':2l

111 22^|;1137! S mi;:32i 29 ^2|

li 34 : ' 23 *,2|;|:34; 24 X&P 32 1 21 5^'-;: ; :;:32 : 23 i;?|I.-32 26 ^.2.1

355

4852575763

12582

104110120

10011210510194

:Hi 47 ;iIIP 'l:

v*^.; 9 ;;:'llf i: 8 1•;;:^2; ; ; 6 1:;X2i : 10 - ;

i;^2li 9 I:

:|l|- 9 I

l^1 ' 10 li

|:4|: : 8 l ;: -*2'': 8 :; J

li?; 11 i;!

: V2l 7 l;x2 9

;; :^*2 - 6C*- 7 1||5| 8

:|;| 384 iff 23i|;*20000 fi 1Z;2: i 37


PROJEa: RIVER VALLEY

PAGE 1A( 1/10)

Hi '•Z&ifc Cd 8|: As :Sb

PPM PPM PPM PPM |PPM PPM

11 .i: 7/0.3 *:5:: <5 '•^:

29 i 28.:0.3 ^5 <5 .:^5;

34 ; 7^.2 y^5|: <5 ^5: :

74 16 -*.2 ^5; *5 ^5

2031 :

43

36

26

<5

<5

3Qo.4

34 i:: 7;:0.339 !;!|9: :o.250 I;:;:7 x.2

36 !l;| : 7i;0.2

46 1010.349 ;l:;;:i 9;x.24i li;!*;*- 247 ::!:;!8l^.2 44 :'ll :9|x.2

56 B;-c. 2 45 9 x.2 61 l 8 x.256 ;l ;7^.2 39 ",;|vfi..t.2

i:*5:! 15 W: *5

X5'v ^

i; <5

i;:i <5i <5

x5;

<5

Fe PCT

2.285.671.081.48

;;:;;iMn':i; Te y :̂ Cr ;ppri PPM PPM;i; PPM

227204174

;24j : ; 211

:23 i 206

i;i;y} Sn H'W;! La ^)pM;;ppM PPM ;PPM l

|^s!x20 ^20 25

1.43 '1260x10 22- 74 14;:x20'

2.08 :|34|x10 29l

f 1.66 :l25!;x10 53

l 1.02 till 13 ;76

5.78 i:597^10 IsJ

;: i.7o ; : j:a^: ; ;xio xî

^10.00 :420 x10 xll 2.10 |286; x10 Zjsf

0.95 iliTS X10 ;23

0.890.880.640.980.81

98 138|x20 113 ;43|x20 69 ;:ii

59 111 43 M

11

0.931.010.870.931.01

0.790.950.710.69

X10

x10

:26.;

!37|

129 :;i38:;^20

69 49 x20

109 |;4|!*2o201 1301x20

190 194 : 138; 171185;137144122137148

113139130121

: 28'x20

30-X20

^20 2^20 2W: 9

27x20 ?c20

Mg !|i|;; Na |f|! Sr |i| Ga ||| Nb Wj- Ta |||||| ZrPCT IPC?! PCT ificilppM |ii;;;ppM P!M;|PPM ppM/ippM iiiiippH

40 nil 6 lip 3 -Miô |iH!;11 li!! 9 1;;|| 12 !iS;|x10 |:^|||

74 ;i|! 4 |l|| i lysiHo |iii^|l71 :; :;?;2l;; 4 : ;JK^;? 2 ;;i:.;8!;x10 C)JQ40|;;:65 ;:;||;| 2 ||j| ^ lislîo |l02?l;510.95 1;4:0.32

19 11 l 5 111; 95111*10 pi : 'i;'ii|;|;:;i.19 J2i85;s0.72 fL|p:;;118 S*j:?;; 6 ?!JjB:s 2 i&SJÎO: ;|||||1.34 |:3|:;1.04 0|1||181 ||| 9 111; ^ lil 13

lillii.58 lil|o.2i lipl; is HI 7 ;;H! 10 IIINomm 10 lit; 3 ill 2

26 l!i||||;;0.65 SsO.14 |i|l 2 :;;!l!9i;o.97 |I|!0.46 WU

83 !||! 4 111; 5 lljf ^ ;f':;' :

37 iii; .1 1161^10

761?;;;; 4

2 |!;|||i|o.52 |I|;i0.76 p|| 83 2 ;v5|||;;!0.96 |;M;:0.55 6|i^| 82

111 ÎII 4l;;|l 8III 6li! 4

Hi!IS;;;IIH:

iil;II! 111*10 |153J:

ill 2 lil*™ lifiii|||; 2 Illlhio illilIp 1 I^MO |l*)|is;:;;III 2 lliiklO Illilill 2 iftcio iiiii

Z'M;;0.42 D

:^ 0.82 164-X10 23 131 25;x20

^60 iO.99 3.43 0.58 |i|!;0.61 3:.52!:0.68 6^6d|;0.61 4.06 0.75 3^7;fl.87 2-94 0.53

i:! 63 III 3 III;; 1S;! 69 HI 5 lil 2l 68 Illl 3 lil; 2i! 58 m| 3 III 2l 85 |i| 4 |::|| 1

l 74 111 7 ||s -O)l; 80 IP 4 |*| 1i 71 |:p 7 fi;;;; <1l 82 lin 8 Ili'l <1il TO !! ;;ii; 4 i;*!; 1

<1

0.037

fc(B7i

Chimitec - Bondar Clegg, 1322-B Harrican*, Val-d'Or, Qufbec, J9P 3X6, Tel: (819) 825-0178, Fax: (819) 825-0256


Rapport Lab Geo .Geochemical. Lab Report


i REPORT: C01-61838.0 ( COMPLETE ) DATE RECEIVED: 24-JUL-01 DATE PRINTED: 7-ADO-01


PAGE 1B( 2/10)

SAMPLE

NUMBER

114361

114362114363

114364

114365

114418

114419

114420

114421

114422

114423

114424

114425

114426114519

114520114521114522114523114524

114525114526114527114528114529

114530114531114532114533114534

ELEMENT SUNITS PCT

0.01

0.06

0.030.16

0.01

0.04

0.02

0.03

0.04

0.11

0.11

0.01

HO. 00

0.01

0.03

0.02

0.03

0.04

0.03

0.04

0.05

0.03

0.04

0.03

0.05

0.040.050.040.04

0.04


CHUVIITEC BONDAR CLEGG

Rapport Lab Gee .limie Geochemical Lab Report


REPORT: C01-61838.0 ( COMPLETE }

SAMPLE ELEMENT Au S-IJp Pd

NUMBER UNITS PPB iSPBB- PPB

114535 12-; 32; 25

114536 25 36 28114537 8 :?9 20114538 8 i: 34 : 28114539 11 33; 26

Cu ;';Pb;:: Zn xMii:PPM ppMppM PPM;:

65 :::;184 :. :si;

85 x;

si :99 x;

71289

10

DATE RECEIVED: 24-JUL-01 DATE PRINTED: 7-AUO-01PROJECT: RIVER VALLEY

PAGE 2A( 3/10)

Ni f:iCcK Cd ^vji As ?SbPPM PPM : :PPM PPH PPM PPM::

3340 i 38 37 39

*5*5 <5*5

Fe

PCT

Te M i Cr PPM PPM PPM

0.84 :154 ':'*10 1.09 :;:2d2^10o.87 161 xi o0.93 179x10 0.94 191 x10

:?iy::;i: Sn ::;:::f; LaPM : : PPM PPM. :PPM

:26 127 25x20 *20 219. 172 ::33|x20 *3) Z

;26 141 26 *20 *3S*j 2li : 137 28x20 *2i:f 2.33; 140 28x20 *3S 2

ilipiii Mg !i|||| Na lf|jl Sr ill Ga |||| Kb |i||| Ta 11111 Zrji*c|i PCT |i ill PCT iiHiiPPH PM'PPM iilPPM jpJij:;:PPM |l|lliPPM

2s;:o.4i74;

60

77

88

??Jp 3 lip 1 ll|:i;*10 i|ii933i:i; <1III 3 lil 2 111*10 I^Sssl *1III 4 l|| *1 l|:::*io l*|?|l *1:;!;:2-: : ; 4 114?;; 2 i; ::::::8:: .-*io ^fl^;:;: *1-;:::2::: : i 4 WM *1 Ri*io ilssll *i

114540

114541

114542

114543

114544

14: :388 ;: : 3iB: ::

s l::??;. 41:|: :;::42::: 4:: 44:-

29

23

29

29

26

70

8374

12

41

10

8

9

14

14

41

35 i

37

35 :

37

^ ^5; 0.83 :::i68 x10

^ x5 0.86 ilTO: ̂ 10

*5 ^;*|i| 1.38 : i;i22i|i;*10

^ ixs:;. 1.35 i:244:xio

T: 167 : 5 138B?:' 147 \ 1 173

200 :

'31.-*20 s20 2 3;iiiS7|:i.07 2:i#1-S0.41 OiiJ7i:i 68 SfiUx. 3 SsSJiS 1 iwSfiiS: :25:^2o ^26; 2 : : :.:.S2?i4:::io.9o 2:iii6j!!;:i:o.37 bibs::; 63 is;-;2s 4 slîii *1 iliS:;:•;Zfi ;*20 *2b:;' 2 iillilliiiO.W |;ii|5x0.56 p|p|| 74 f|||| 4 |||| *1 |||:3|^20 *20:: 2 :;i;||||p.38 |||i|o.19 |il:i 7 III 2 |I|| 2 ||ii;;-3?x2o -czo:::; 2 illii-ili.sa IIM;|io.3o i|il| 33 ||iiii *2 lil 2 1111*10 iilisl

12 0.033:

do mm *1

114545114546114547114548114549

11 -;;12 ;|-7 'i;/8 ":

11 :i:

2325262724

97

119

5271

111

11

6

13

126

50

35

40

39

56

*5 ,;:,

^ ^

0.90

0.66

1.16

0.81

0.73

•iM

-i;

119 i 91

176 157 118

1 :;:; : ::;4l79|i0.88 W mm 61 lil s ill 2 lisiMo Qim*2Q.: ; 1 :;:;-:3j3;p|;0.68 ?.|lf0.38 |M:| 52 ;i|2|*?20;; 2 |';;; : |;|iil.21 |M|o.26 |^| 26 1|1*?b|:; 2 :;i:i:|ij|b?i;0.85 |^:?0.43 0:;o|: ii: 82 |i||*20::: 2 --: ; : ;-5M:|:o.62 Iil|o.641||| 71 111

3 lil:;: *1 i:!g:i::*10c2 sjîs 2 |ij?:;i*10 !|siiB9::;; *14 111 1 ||ii:*10 pffl *1

6 |||::i *i ;i:i^;::*io liiHl *1

114550114551

114552114553114554

1715285

26 *.2:: : 231;,* i:

20 i:.;2|24 * :i2; :

101

94

2102

32

89

466

15

4233105643

fiB.x.2

x. 2

^ <5*5

0.900.662.110.631.37

: 11

;i;25: 136 ::24| 912i3; 149 ;-;39|.: 113"33:: 207

2 i::- : ;3lO::io.93 JjIiiO.44 ipli 58 Ulii; 3 i|H 2 ili*10 ||

25 i?:i:';||îii0.64 0:i||i:0.17p 2 |i||i|i|;0.52 |||iO-66 || 1 "rlllh.SS |iiS?1o.24 P

p: 63 ;|i|| 4 iil l 40 |i|| 4 |l|| l 71 HI 7 |1| li 17 111 *2 11

ci |*5f*10 J6i|50::i: *131111*10 imi *io li|| 11 t||f| *i 3 liiilMo liil *i

114555 51 *,2 48 : 29 <5 0.81 ' 142 82 Ip; 4 lil


CHUVHTEC BONDAR CLI

Rapport Lab Gee aimie Geochemical Lab Report



SAMPLE

NUMBERELEMENT S

UNITS PCT



PAGE 2B( 4/10)

114535

114536

114537

114538

114539

0.02

0.03

0.03

0.03

0.03

114540

114541

114542

114543114544

0.030.020.03

0.01

0.01

114545114546114547114548114549

0.04 0.04

O.01 0.02 0.04

114550114551114552114553114554

0.04 0.04

O.01 0.03

0.01

114555 0.03


CHIIVIITEC BOISIDAR CLEGG

Rapport Lab Gee Jiimie Geochemical Lab Report

CLIENT: PLATINUM GROUP METAL PROJECT: RIVER VALLEY REPORT: C01-61838.0 ( COMPLETE ) DATE RECEIVED: 24-JUL-01 DATE PRINTED: 7-AUO-01 PAGE 3A( 5/10)

STANDARD ELEMENT Au :- : ;;Pt Pd vAg" Cu Wbi Zn Ip Ni WJ& Cd -If:* As iSb; Fe liMp Te pBil Cr IMO Sn ;: :;:; ;;W: ; La :̂ M:i Mg li|i: Na ||||| Sr |||| Ga |||:| Nb |Se| Ta :|:||f| ZrNAME UNITS PPB PPB : PPB PPM PPM PPM : PPM PPX PPM i PPM :PPM PPM: PPM PM; PCT PPM ^ PPM P& PPM PPM PPM PPM PPM ! -:P:C| :;: PCT 'jity;. PCT jfîfW l^pPM |p|;PPM JiWfPM li^||fPM

ANALYTICAL BLANK ^ ^KS; <1 *.2: <1 "*2'T *:1 Nl ; <1 \ :;-?l:,x.2 ^5;!: <5 x5 : *:0.01 *1 ;-e10 : 5l'/ <1 - : ^1:^20 *20- ^ :îpi';x.01 |.0! X.01 |j|j|| <1 l*!)! <2 i;-*|l <1 |*|;:^10 *^J1Q| <1ANALYTICAL BLANK 1 •'•vxS;, <1 *.2| <1 ;*2 *:1 -^ <1 ; •st x.2 .*5- : : ^ :*5| 0. 01 xjJxIO : *1 : . <1 ••*|--;x20 ^20 <1 Ôix.OI fe01::x.01 *vO|! ^ |sp ^ ;;;?:|| <1 fc^Si^lO fcbi^;;: •elANALYTICAL BLANK <1 -^f' ^ •; : - : :;. - : ;: -/ - '^ - ^/''- : - --''-'i - S#. ~ ''••':'ii^ ' ;:;'K ' •v:-^:' - : '-I:^. - v,;||;l! ' IHI ' IHI ' HI " |1|| ' IS " |:li|i| 'Number of Analyses 3 " 3; : 3.2" 2 : .2 2 T'?' 2.'";.;' 2" 2.' : -2 : ' 2^ 2^ '2'; 2^2: 2' : '2: - 2':: 2 2 It-?": 2 ip?'! 2 if ̂ 2 |;;||;;. 2 |:^j 2 :^.2;: 2 :: ; : : :S 2Mean Value <1 3 <1 0.1 <1 , i : ^ . *i" <1 ; Îv.O.I ^3" 3 : 3^ ^.01 ^"-cl: 5 ^l <1 ^1: 10 ' 10 <1 ^Q;j;X.01 ^;0ix.01 ^01;i; <1 :;^ll: 1 i^M -O ; i: 3:: 5 j^pol:;; <1

Standard Deviation ^ w.'-- - .---i- - ..;':-:- :" ; - ;i :-r"' ' ^x!?;-. " '-:;*o: - .: : ; -;: - :. : .^-:. - -v;-;: - ; : -^ - :;;. :^. - I'/P&tl - Wffi ~ SIS " III! " ills " 11^:1 ' Accepted Value 5 ^M" 5 b.,2: 1 '.2 . 1 '•;|, 1 V- li;: 1.0 '".i:\ 5 x;5;: :: 0.05 l: -T::; <1 W;; . 1 '\ .1; <1 '^ <1 ;M|:x.01 Pblx.OI |;l|; <1 ||1 <1 |||| <1 1^;: <1

DCP STANDARD 84 :. 65- 87Nurtoer of Analyses 1 1 1Mean Value 84 ;85' 87Standard Deviation - ^M

Accepted Value 83 x83 83

CANMET LKSD-2 - W^. -Nurrber of Analyses - ;i x x:Mean Value - ' ;̂ t -Standard Deviation - i:- * ; -Accepted Value - ^Ht - Q-ti 36 |i;4b: :200 ;|.2- : 23 :S:i|"0.8 ?^. 9 Mi 3.50 ilfifcb;- - 211; 29 "48: : - -II. 58 "^|^0.60 ^5|;i0.04 |j||s 30 S^,:; 4 ||if| 6

ST 248 999 ^: :;97; 680 \^:-' - '^ - ^-". - -: :^'-: - -fM - '^ - '^-^ - ??jf - - :̂ . - Iv^.; - i^fli! - |I:1 - |||| - i|| - III - :Nunber of Analyses 1 ;V ; v : :1-. : 1 ;y: ^ - 't-'^' - -'^S - -^':*,: ' y:' ^; ' :S'S-' - ;"'.;:::*'-' : - :i*C: - ••;; ;ix::; ' y?t ~ 'K!^l ~ iSi-JiV; ' 11:^1 ' l:;f| ' t!Wi\ ' :Mean Value 999 • : -' ; :95F . 680 '(•'•7' - f |f:;- - :y';j;.: - l^.- - ; ?-^ - i?^! - 'f'M. ' iil: ' "i^l - ; : ::.;T:.:: - 'Ills;:: - ;|li - Hg - ij-i - i;;i| -Standard Deviation - '•^•'.^••: - :.?*ii - ^^:\ - ' : : -:f : : - 'y:-:'--:; - : :?*v. - 'v^:-; - ;---; : ;:;*; ::; - :'. ; : : ^:;: : : - ;: :ff.f. - ;;; --.;- - ••S;-fl - W?t* ~ ; : ;1;:™; " I'vS.; " l-;*l " :Accepted Value >99 ^^.iv 635 IN; - ;;|p - ; :l--| - '4?: :--'T - : |-^: ; - t;|^ - i;;?:::-:: - 1;;^ - tl;|: . : ; - l;f:; - | |:l:?n| - i:| ;M ' ili; ' S; ' lil '

*R -1 ^2 298: 256 : 'l -"x?;.; - yN'; " |;l':^- --l^: ' Itsl ' llH ' IN; ' vi"! ' ;l:; ' ^llli: ~ jj-M ' ill ' ill ' III 'Nunber of Analyses 1 :';'-'-1; :: 1 V:^.: ' : ' : ^:' " :-"' : ' v'- ; :"'' " '':- " i|:* :: ' : " l--:1' " lv*: 1 - " l-*;'i " l : "-: : " : ^ "N^j ' N * ;;: - î-:*! * : ::Mi: ' J:^:;: '

Mean Value 42 -296 256 N - .|.-'v --lv - li'.; -:: : :'| 'IN' - III; - I.N - ||: : - î-/ -.illl ' |;: vii: ' l|"l ' 111 'ill -Standard Deviation - .. .-.. - : :A : - ;;. : - - '; ^ - ; :-.v.l'-* : !' ' 'I-.'*-; ' : *- ~ .::- : " - ; :." - .: : .: :*. - ':'.' " : -H:;*:!' " :v.t : ?'. :: " •;:-?';::?s " ^\t.:i ~ •J'*-- "Accepted Value 42 '285 235 - - -N - ,: ;- : ' :||-. -ll; "I--. ' -i;.'!- ' iip ' :N::. ' I.V 'i'lll:::: " ll|:; ' il-N: " Hi -III " '

Chiraitec - Bondar Clegg, 1322-B Harricana, Val-d'Or, Quebec, J9P 3X6, Tel: (819) 825-0178, Fax: (819) 825-0256

CHIIV1ITEC BONDAR CLEGG

Rapport Lab Gec~nimie Geochemical Lab Report


REPORT: C01-61838.0 ( COMPLETE ) DATE RECEIVED: 24-JUL-01 DATE PRINTED: 7-AUO-01


PAGE 3B( 6/10)

STANDARD NAME

ELEMENT S UNITS PCT

ANALYTICAL BLANC 0.01 ANALYTICAL BUNK 0.01 ANALYTICAL BLANK Nunber of Analyses 2 Mean Value 0.01

Standard Deviation Accepted Value 0.01

DCP STANDARD Nunfoer of Analyses Mean Value Standard Deviation Accepted Value

CANMET LKSD-2 0.17 Nuiber of Analyses 1 Mean Value 0.17 Standard Deviation Accepted Value 0.16

ST 248Hunter of Analyses Mean Value Standard Deviation Accepted Value

WPR-1Nunber of Analyses Mean Value Standard Deviation Accepted Value

Chimitec - Bondar Clegg, 1322-B Harricina, Val-d'Or, Quebec, J9P 3X6, Tel: (819) 825-0178, Fax: (819) 825-0256

CHHVIITEC BOIMD/VR CLEGG

Rapport Lab Gec^mmie Geochemical Lab Report

CLIENT: PLATINUM GROUP METAL REPORT: C01-61838.0 ( COMPLETE )

PROJECT: RIVER VALLEY DATE RECEIVED: 24-JUL-01 DATE PRINTED: 7-AUO-01 PAGE 4A( 7/10)

CANMET STSD-4 Nurber of Analyses Mean Value Standard Deviation Accepted Value

0-0791:

66 13 82 Vf.2:;: 23 ,;,11;:0.6 2.60 30 : 14 ;

Chimilec - Bondar Clegg, 1322-B Harricana, Val-d'Or. Quebec. J9P 3X6, Tel: (819) 825-0178, Fax: (819) 825-0256

BONDAR CLEGG VANCOUVER •RANCH

Rapport Lab Gec-mmie Geochemical Lab Report

CLIENT: PLATINUM GROUP METAL REPORT: C01-61838.0 ( COMPLETE )

STANDARD NAME

ELEMENT S UNITS PCT

CANMET STSD-4 0.09 Nunber of Analyses 1 Mean Value 0.09 Standard Deviation Accepted Value 0.10

DATE RECEIVED: 24-JUL-01 DATE PRINTED: 7-AUO-01PROJECT: RIVER VALLEY

PAGE 4B( 8/10)

Chimitec - Bondar Clegg, 1322-B Hanic.na, Val-d'Or, Quebec, J9P 3X6, Tel: (819) 825-0178, Fax: (819) 825-0256

f **4Rapport Lab Gec~nimie

^^ ja^âj^^ ^ v-r-iiivii i i^t- ^••••^ ̂ ^•••IP ÔMDXVR CLECiG

CLIENT: PLATINUM GROUP METALREPORT: C01-61838.0 ( COMPLETE )

SAMPLE ELEMENT Au CMC Pd : Ajg? Cu : ;Pb? Zn ?:M6; Ni ;::?Cb? Cd i-8vi:i As :?-Sb:NUMBER UNITS PPB PPB: PPB PPM PPM PPM ;PPM PPM PPM jJWlxPPM PPM?PPM PPM l?

114418 20 ;:;:73;i 30 ^2? 539 "W 64 ;?2." 20 :|i||o.2 ?^5?; <5 ?i5?iDuplicate 21 : : ;"73- 31 ??:;- - ; : :.:;??? ;?. : :?.. ••:??: :: ; ; ? 1.1 i:?:??

114421 ^17? 9 ^:. :2 157 -c2? 9 ?2 36 11:9^.2 ^5? <5 ?x5?iDuplicate MM i;.2 : 161 ^? 10 ; 2 36 ;.1.10.?0.3 xS:: <5 x5??

114530 12 i i :34? 23 *.2? 100 ^2? 7 ?x1? 56 ?l:8?x.2 l*5 :i' <5 l5?iDuplicate ?;: : ? ^.2? 107 ':*Z': \ 8 . "j; 57 ; l?;.x.2 '^S; <5 : x5;v

114531 12 ;?;34? 24 ^;2? 112^2?:; 9 li : 45 ???;?ii^.2 |*5? <5 ?^5?Duplicate 12 ::: :36? 27 :lli| ;??| : ? |;1: : ; ?;:li 1?| :;?1?

114549 11 133;- 24 ii,f? 111 ;rc2?; 6 :? : ;1? 56 ^jj^.2 W^ ^ -jMDuplicate 11 s? 3^;;' 22 li; : :.i-; :: :i? ;?:;? : ;; : 11?:;? :???' '?;:il

114550 17 ;?35?: 26 *:^.i' 101 ??3?: 8 "11:? 42 ;;; |la;^.2 ?^5?: <5 ?x5lDuplicate irll rcv2? : 100 ?2? 9 ?^1? 42 ?? : ;ii;ix.2 ix5? ^ -J&

mm CC'C mCC ?il Wm m- CCm. '-" . - '•'•••- . ; '-" . : : . . :: : ' : ,- '.'-: , : -"; m.': :^:'^: .'~ : : : '.y. : : :': 'V.V;- 11 .- .'. '-. . - 1 .' . --. . . . . . . . . . .•.-.-. .- .•-;- .;.; ' ..; ; ;- . ; ; ; ,; - . '.- - ; , ;.

:- .-••- .m-- •••-•- .- :- .•••••-. --: ••x-.'. x.-;-..:-x-:.; x... -x-; -x- ,-x- '; : :'-'. ^xVf '': x':!*?- x -' : ; - :;; - : -'- - :; ' : '-C :CC.'C mm '.•'•'- viv ' :-.'- -- '

— -~" Geochemical Lab Report

PROJECT: RIVER VALLEY |DATE RECEIVED: 24-JUL-01 DATE PRINTED: 7-AUO-01 PAGE 5A( 9/10) \

f e l;Mn? Te l|a;J Cr ;;??y : ; Sn '-W La :?:f;if| Mg fltf Na |||1| Sr ||| Ga |||| Nb |||;i Ta ?:??.T-i?; ZrPCT PPM PPM PPM PPM PPM PPM PPM ?ppM ??3I;;ii PCT CMC PCT illippM ippM?ppM MfrpH i#H: PPM i- PCT;:PPM

•• : il;l ill. l?:?'; lil : :?lil; ill illi lil ill Ills ill!:;4.43 ?06?x10 ?;3S? 98 138?x20 ^: ? 11 ;: ||||0.99 Iill;o.32 HI 19 I|i; 5 fi|| 9 |||^10 0.240? <1

1.02 114: 13 ;76? 59 'Wx20 icZO? 2 ilp||o.52 1^:1.36 pM;;304 ;ll| 13 |;|| <1 |*S?;x10 0.013; <11.01 :117 14 ;75.: 63 : M?x20 *20 2 Ô^P'lo.SI |ii||l.35 pJp^SOO |i| 12 ||jjf <1 |f|v; 12 0,p13? ^

oil;, i:;';;;' Us ? ;: .;?;:;? : ;?111 ;i?;i; ;|;;;*;;|;; i::::::::;::: li;; i!;;, i-.;-::-::;;.::;:0.79 ?ll2i'x10 ;?33: ? 113 ?24 x20 *2Q 2 :.:|5iij5||0.71 &5SP.67 0|p9?i; 74 ||2;s 7 ll| <1 Isi^.xlO O.;040;: <10.80 ;:117'x10 i -.33 -i 120 I23;;x20 *:2iD? 2 :. : :| :5iMi:i0.72 |*:58j;0.67 p.;ftS?| 75 Il| 7 |:;|;J <1 1||:;^10 JD.Dti- <1

0.95 188 x10 :^6 139 27 : x20 *20 2 4i60-:0.99 3:43 : : ! 0.58 0^66: 80 SS2S 4 sSifs 1 :s:*6-x10 6^037;: <1-i: f OS? -.:i:: : :::, :'':.:-::.i;- f:: : :x;? : iv'isgjlsi igSSHi;! gSi?;?? iSil;? S;li :im'f f^ffif:'-

•. :S:;::S : : ::?-;: ::: i IS;. ::?/:?: '^.iS; iilii; I™1 illili ilil ill"; ;S::;;li;;;H;;;;:; :S;s ^.•.. •; :̂ [ --^ K :mm Wim Mm MM Mm il::: ; ::; : ; : : ; : ::: :;:: ::

0.73 •••lOO'xlO WC 118 M"x:20 *P 2 llill).62 illllO.64 ill 71 ill 6 111 <1 ifelO 0,043? *1i-;;-;?:? " : M'M t K. **:~ -'vmm mm mm mm. wm -mM msm "mm mm mm mm. ^mm mm mm? mm mm m:m m -mmm:? mm ^m. '.m^. \^mmm mm mmm -mm mm mm- t m m

0.90 165 ;x10 iiZS 136 26 x20 <20 : 2 3:6D:;;0.93 2;.74J0.44 Dipj;;; 58 ;?;H??; 3 sgS;* 2 |1S?^10 0.037 <10.97 -;174l;x10 ?27i; 140 ;29?::x20 -":20? 2 ?";|ii|ill .00 |;S(58?;o.47 6MC 59 li|| 3 1|| 1 11^10 0.040? <1

: . mm 'mm •.•:--:- m--z : m;m\ mm mms mm mm mm. t;.:; m::;. : H;:;; mm ' .y :.;.-.-.:; -.j; s™;™; ; is™s;™ msm mw :mm wm:' ;r.-.:;:'::r:

:" : - : :?: : ::? t'il: 11" : ' HI .lillli ?llil Hill Slli US i?!? PVII?


CHIIVHTEC BONDAR. CLEGG IMCOUVEft BRANCH



REPORT: C01-61838.0 ( COMPLETE

SAMPLE

NUMBERELEMENT S

UNITS PCT


DATE RECEIVED: 24-JUL-01 DATE PRINTED: 7-AUO-01 PAGE 56(10/10)

114418

Duplicate0.04

114421

Duplicate

0.04

0.04

114530 Duplicate

0.040.04

114531 Duplicate

0.05

114549 Duplicate

0.04

114550 Duplicate

0.040.04

Chimitec - Bondar Clegg, 1322-B Hanicina, Val-d'Or, Quebec, J9P 3X6, Tel: (819) 825-0178, Fax: (819) 825-0256

ONTARIO MINISTRY OF NORTHERN DEVELOPMENT AND MINES

Work Report Summary

Transaction No: W0170. 31116 Status: APPROVED

Recording Date: 2001-NOV-23 Work Done from: 2001-AUG-01

Approval Date: 2002-JAN-16 to: 2001-SEP-14

Client(s):

185390 RACICOT, FRANK CHARLES

392741 PLATINUM GROUP METALS LTD.

Survey Type(s):

ASSAY GEOL

Work Report Details:

Claim*

S

S

S

S

S

S

1043529

1229480

1229481

1244348

1244349

1244351

Perform

SO

315,226

115,227

SO

SO

SO

S30.453

Perform Approve

SO

515,226

S15.227

SO

SO

SO

S30.453

Applied

S4.800

S3.200

S3.200

56,400

S6.400

S6.400

530,400

Applied Approve

S4.800

S3.200

53,200

56,400

56,400

S6.400

530,400

Assign

50

S1 1,973

512,027

SO

SO

SO

524,000

Assign Reserve Approve Reserve Approve Due Date

0

11,973

12,027

0

0

0

524,000

SO

S53

SO

SO

SO

SO

S53

SO 2003-APR-13

553 2002-NOV-25

SO 2002-NOV-25

SO 2003-APR-13

SO 2003-APR-13

50 2003-APR-17

553

Status of claim is based on information currently on record.

41I09SW2006 2.22449 LOUGHRIN 900

2002-Feb-01 15:01 Armstrong-d Page 1 of 1

Ministry ofNorthern Developmentand Mines

Date: 2002-FEB-01

Ministere du Developpement du Nord et des Mines Ontario

GEOSCIENCE ASSESSMENT OFFICE 933 RAMSEY LAKE ROAD, 6th FLOOR SUDBURY, ONTARIO P3E 6B5

FRANK CHARLES RACICOT 1912 SPRINGDALE CRESCENT SUDBURY, ONTARIO P3Y5J1 CANADA

Tel: (888)415-9845 Fax:(877)670-1555

Dear Sir or Madam

Submission Number: 2.22449 Transaction Number(s): W0170 31116

Subject: Approval of Assessment Work

We have approved your Assessment Work Submission with the above noted Transaction Number(s). The attached Work Report Summary indicates the results of the approval.

At the discretion of the Ministry, the assessment work performed on the mining lands noted in this work report may be subject to inspection and/or investigation at any time.

If you have any question regarding this correspondence, please contact STEVEN BENETEAU by email at [email protected] or by phone at (705) 670-5855.

Yours Sincerely,

Ron GashinskiSenior Manager, Mining Lands Section

Cc: Resident Geologist

Micheal Dennis Gore (Agent)Frank Charles Racicot (Assessment Office)

Assessment File Library

Frank Charles Racicot (Claim Holder)Platinum Group Metals Ltd. (Claim Holder)

Visit our website at http://www.gov.on.ca/MNDM/LANDS/mlsmnpge.htm Page: 1 Correspondence ID: 16812

MINING LAND TENURE

MAP

Dale /Time of Issue Aug B 2001

TOWNSHIP l AREA

LOUGHRIN

MQ4EMK. '.A1IMI

VS . lAT ~\ \f- v-Oi*- ,--r-'9 ^"3 - /- j '

ADMINISTRATIVE DISTRICTS l DIVISIONSMining Division Sudbury

Land Titles/Registry Division SUDBURY

Ministry of Natural Resources District SUDBURY

^ ,.- ^ r''v\ ' tzzi&o j

' i-^^î*-'- - ;: -

a^ys^p inrrwm'X"7 /l ""

/s^S't -J^™ ^.f ~ \'*J '' ' •tVi'iM&'t -~\~ i A^"? i *i **^ ji **y ir""V\ * -t^**-*|, 1Z2Z4BT u-'r^v! J^*x4U2 ^.^ t -- T*Z*

t l' ' r'' ' ?' "' ^ ' l (?-i '"V sZ'-~2 \ ]CoK/l y' 1 '- \'^. ' ^s^ s ^*^"' ^V jv^ ' ***r?*

^ 1 '"\ ^'"

* \ ̂ -42?6703 i M- ' :I? /.. \.

s#4F*\^- rW'. '' '--^

; ./^ s,"T^^T^!^1/f&P-f

"j, -îLf 122463vL-f , T

'^\ 1222460'" LAND TENURE WITHDRAWALS

^ M 237068 l

122^464 ,i. T 10 y.

- v4 ̂ JS^ô-' ' /

LAND TENURE WITHDRAWAL DESCRIPTIONS

•8 ^5** * I * ^ • ' V0 - 1 *'COJ2 Wi ^ *

1/1237338- i—-- - - f

*fe -; j .f. f-

LEGEND

29480 s

+

75

PTG Claim

River, Stream or Lake; Marsh

Topo Contour (10m Interval

5000m, 1000m spacing (NAD 27 Grid)

Lot/Long Meridian

Township Bdy

Road, Rail, Accessway, Trail

Outcrop

Gneiss —Mylonite

Igneous Layering

Foliation (Vertica , Inc ined)

RVI Contact Tectonic

Fault

Breccia

Sample Site

_ —- — Geological Contact

Axis of Mag High

Pegmatite

Alkali Granite

Diabase Dyke

Magnetite Diabase —Gabbro

Pyroxenite —Websterite

Anorthosite —Leucogabbro

Gabbronorite

O ivine Gabbronorite

Gabbro —Melanogabbro

Paragneiss

River ValleySu'te

SCALE 1:10,000250 O 250 500 750

METERSDwg Title: Racicot-Loughrin-GeolMap-Nov22-Q1 .Dwg

PLATINUM GROUP METALS LTDSUDBURY MINING DISTRICT, ONTARIO

Figure 3

Loughrin PropertyGeo ogical

Compilation MapSCALt: 1:10,000

DATE: NOVEMBER 2001

ED/TED: NOV. 22, 2001

GEOLOC/ST: W. HANYCH

DRAW ffK R. McGREEVYDWG: See Title At Left

GEOLOGICAL REPORT ON THE RIVER VALLEY PROJECT · Earlier work recognized magma mixing zones...

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Transcript of GEOLOGICAL REPORT ON THE RIVER VALLEY PROJECT · Earlier work recognized magma mixing zones...