Vancouver Island, British Columbia NTS 092F/14 BCGS 092F074 & 092F075 Latitude 490 45’ 23” Longitude 1250 15’ 22” UTM NAD83 Zone 10N 337500E 5514000N For North Bay Resources Inc. PO Box 162 Skippack, PA, USA 19474 By Jacques Houle P.Eng. 6552 Peregrine Road Nanaimo, B.C. V9V 1P8 August 26, 2019 ===========================================================
to Stage 5 (K’omoks), and several more at various stages. Co-operation agreements between local First Nations and a proponent are usually required to successfully develop a mineral property today in B.C. However, it is assumed under the B.C. government’s 2-Zone Model within its Sustainability in B.C. Mining Criteria that the Mount Washington Property is available for future exploration, development and mining, and that the B.C. Ministry of Energy and Mines will act as an effective advocate and permitting authority on behalf for any proponent who follows its laws and regulations required during all stages of any future work on the Mount Washington Property. Interpretations and Conclusions The various surveys, analyses, tests and excavations conducted on the Mount Washington Property area during the +50-year period mainly from 1940 to 1992 has identified at least 24 mineral occurrences containing varying combinations of gold, silver, copper, molybdenum and/or tellurium in clusters over an area of 10 km. by 4 km. Hundreds of ore-grade intercepts at current metal prices were achieved in natural and trenched outcrop samples or diamond drill holes by numerous operators on most of the 24 mineral occurrences on or adjacent to the Property. One attempt at mining and recovering only copper from a narrow vein deposit using open pit mining methods and producing a single flotation concentrate was not successful, and resulted in environmental damage that has since been mitigated. This may have been due in part to problems with mining narrow vein deposits by open pit methods, and in part due to the polymetallic nature of the mineral deposit and related analytical and metallurgical challenges. Systematic, multi-year exploration programs completed by junior and senior companies have been successful both on the Mount Washington Property and in the surrounding mineral area. However, a portion of the mineral area to the southwest of the Mount Washington Property was alienated from exploration and development in 1990 when it was being actively explored by major companies. At that time, the Lakeview-Domineer project was in the B.C. Mine Development Review process, and included a viable metallurgical process to recover both gold and copper. Funding to develop the project could not be obtained by owner Better Resources, due in part to the mining industry’s negative perception of political environment for mining in B.C. at that time, including Vancouver Island, and due to low metal prices. The project ceased, and very limited exploration activity has occurred in the Mt. Washington area since 1992.
The Subvolcanic Cu-Au-Ag (As-Sb) - (L01) mineral deposit profile category created by the BC Geological Survey in 1995 to capture the Equity Silver Past Producer (MINFILE 093L001) in central B.C. appropriately describes all the metallic mineral occurrences in the Mount Washington Property area. This target exploration model was not published or well-known at the time most of the exploration work was done in the area, and so is a new model to test. The older and more common Epithermal and Porphyry mineral deposit profiles and their sub-types can be genetically and spatially related to sub-volcanic types within a district, and are also appropriate and have been successfully used in the Mount Washington Property area. With current metal prices, the Mount Washington Property warrants modern data compilation, and systematic multi-year exploration programs. Such programs would be more effective in both the Lakeview-Domineer area and in the Wolf Lake area, if the fragmented title status in those areas of the property were consolidated through agreements on various mineral titles. The Murex Breccia and Oyster Breccia areas are well covered by North Bay’s mineral titles. Recommendations The Mt. Washington property should first be re-evaluated based on its regional geological setting compared to other similar settings worldwide which host past or currently producing mines, with consideration to mineral deposit types and models. Today’s geological literature is much more extensive than it was at the times when the Mt. Washington area was being actively explored. In the author’s opinion, some of the key points to consider in such a comparison would be: • Eocene age intrusive associated deposits and mineral districts • Breccias – tectonic, intrusive and hydrothermal • Fault structures – low angle detachment faults, steep faults particularly those associated with or proximal to known mineral occurrences • Polymetallic – gold, silver, copper, molybdenum and/or tellurium • Epithermal, porphyry and sub-volcanic mineral deposit types
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