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REPORT
ON
EXPLORATION PROGRAM
DIAMOND DRILLING
SOUTH BEND PROPERTY
BMA 526 864 Area
Thunder Bay Mining Division
Northwestern Ontario
2·44540
April2010
Tribute Minerals Incorporated
RECEIVED
APR 0 7 2010
GEOSCIENCE ASSESSMENT
OFFICE
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TABLE OF CONTENTS
Page
Introduction
Property
Location, Access and Physiography
Previous Work
Regional Geology and Metallogeny
Current Program
Recommendations
Personnel
3
3
4
4
4
5
5
6
List of Figures
Figure 1.
Figure 2.
Figure 3.
Location Map of South Bend Property Area, NW Ontario
Location Map of Property Claims- Block 4
Location Map of Diamond Drill Hole SB-10-11
List of Tables
Table 1.
List of Claims - Block 4
Appendices
1. Diamond Drill Log
2. Drill Section
2
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INTRODUCTION
This assessment report describes a one hole diamond drilling program
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contiguous claims that are part of Tribute Minerals group of six claim
blocks that make up the South Bend property (Figure 1). The property is
located in the McFaulds Lake area ("Ring of Fire") in the James Bay
Lowlands. The drilling tested for the presence of Cu-Ni-PGE bearing
massive sulphide mineralization in follow-up to airborne VTEM and
ZTEM geophysical surveying. The South Bend property is believed to host
base metal sulphide occurrences associated with heavily altered mafic
horizons, and is part of Tribute Minerals Incorporated properties
comprising approximately 39,500 hectares in the McFaulds Lake area.
~---.-~
The 100% owned Block 4 claim group was transferred to Tribute
Minerals Incorporated from Gold eye Explorations Limited in 2009.
Diamond drilling exploration work conducted by Cyr Drilling was carried
out for Tribute Minerals Inc. under the direction and supervision of
Trevor Boyd P. Geo., Vice President of Exploration, Tribute Minerals Inc.
and a Qualified Person for the purposes of National Instrument (NI) 43101.
PROPERTY
The Block 4 group of the South Bend property consists of 12 contiguous
claims comprising 155 units as shown in Figure 2 and listed in Table 1.
Table 1.
List of Claims - Block 4
Claim
Units
4225101
4225102
4229399
4229400
4229401
4229402
4229403
4229404
4229405
4240533
4240534
4240535
16
16
12
8
12
16
16
8
3
16
16
16
Twp/Area #
BMA
BMA
BMA
BMA
BMA
BMA
BMA
BMA
BMA
BMA
BMA
BMA
526
526
526
526
526
526
526
526
526
526
526
526
864
864
864
864
864
864
864
864
864
864
864
864
Due Date
Nov.
Nov.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
3
14, 2011
14,2010
10,2010
10,2010
10, 2010
10, 2010
10, 2010
10,2010
10,2010
10,2010
10, 2010
10, 2010
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LOCATION, ACCESS AND PHYSIOGRAPHY
The Block 4 portion of Tribute's South Bend property is located
approximately 40 km southeast of the First Nation community of
Webequie, and approximately 40 km west of the Noront Resources Eagle
Nest Ni-Cu-PGE deposit in the James Bay Lowlands of northwestern
Ontario. An all seasons field camp was established on the property in the
Fall of 2009 on Billinger Lake approximately 30 km southeast of
Webequie. Billinger Lake is suitable for use by float or ski-equipped fixed
wing aircraft, and the drill program was supported by A-star 350 B2
helicopter.
The topography of the area is unvaryingly planar and characterized by
abundant creeks and rivers that erode slight trenches into the soft
marine clays covering much of the Lowlands. The area is situated at an
elevation of approximately 190 metres above sea level. Drainage is poor
due to the lack of relief, and consequently inland areas remain waterlogged throughout the year with extensive development of string bogs.
Vegetation consists predominantly of black spruce along with grasses,
sedges, low shrubs, and sparse, stunted trees.
PREVIOUS WORK
In March 2008, 155 line-km of VTEM surveying was completed on Block
4 by Geotech Limited for Goldeye Explorations Limited. In June 2009,
Geotech Limited completed 143 line-km of ZTEM surveying on Block 4
for Tribute Minerals. An interpretive report on VTEM surveying was
prepared for Tribute Minerals by JVX Limited in November 2009.
REGIONAL GEOLOGY AND METALLOGENY
Overburden consists of thick layers of glacial tills and clays which overlie
flat-lying Paleozoic carbonates of the Hudson Bay Platform occurring in
the eastern part of the McFaulds Lake area. However, the Paleozoic rocks
thin out and disappear to the west in the area of Tribute's South Bend
property. Available airborne geophysical data together with sparse gravity
and diamond drill data can be used to infer the Precambrian geology of
the region. Magnetic patterns suggest that the basement complex is
made up of volcanic and sedimentary Sachigo greenstone belt sequences
interlayered and separated by large volumes of granite gneisses along the
margin of a batholithic granodiorite pluton. Highly magnetic ultramafic
intrusion(s) have been emplaced both along and cross cutting the
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granodiorite pluton. Currently, the main targets of Tribute's exploration
programs are copper, nickel, and PGE's associated with magmatic
massive sulphide deposits derived from ultramafic intrusions and related
rocks.
CURRENT PROGRAM
Diamond drill hole SB-1 0-11 was drilled in order to test a deeply buried
VTEM airborne anomaly hosted within a major northwest trending high
total magnetic intensity anomaly, and lying underneath an interpreted
thick layer of conductive overburden. The drill hole (Figure 3) was
completed during February 24-28, 2010 as follows:
Drill Hole
Number
Azimuth/Dip
(degrees)
UTM- NAD 83
Coordinates
Depth
(feet)
(Claim 4225101)
SB-10-11
506050E,5839680N
180/-65
956.0
Drilling intersected mafic, and intermediate to felsic volcanic tuffs
interlayered with gneissic to massive granitic rocks, and sections of
biotite + strong magnetite enrichment with minor disseminations of
pyrrhotite + pyrite in fractures. A total of 11 samples of were collected by
sawing lengths of core in half. At the time writing assay results are
pending. The drill log and section are shown in Appendices 1 and 2.
RECOMMENDATIONS
Tribute Minerals is awaiting results of assaying on samples collected
from drill hole SB-1 0-11 to better determine the next phase of exploration work on its Block 4 claim group.
5
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PERSONNEL
The following personnel and companies carried out work on the South
Bend Property for Tribute Minerals Inc.:
Trevor Boyd
Tribute Minerals Inc.
Toronto, Ontario
Project Geologist
Naveed Rehman
Toronto, Ontario
Drill Geologist
David Patterson
Ear Falls, Ontario
Field Assistant
Cyr Drilling
Winnipeg, Manitoba
Diamond Drilling
West Caribou Air
Geraldton, Ontario
Helicopter and Fixed
Wing Support
We bequie Logistics
Thunder Bay, Ontario
Camp Maintenance
Tribute Minerals Inc.
Trevor Boyd, P. Geo.
6
-------------------95
-90
NAD83
5 degree grid
FIGURE I.
-85
LOCATION o,C: 50{{TH B&J}) PKoPE.R.TY /fR£-A
-80
IBUTE MINERALS
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FIGUR£ 3, LocATION o;= l>tA/'1/YJl> l>le!LL. HOLt:. 5 13 - /o - tt
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APPENDIX 1
Diamond Drill Log
SB-10-11
7
- - - - - - - - - - - - - - - - - -·I Mar 02, 2010
Page 1 of31
DETAILED LOG
Units: IMPERIAL
Hole Number: 58·10·11
Project Number:
SB
Primary Coordinates Grid: UTM 16U NAD 83
North: 5839680.00
Location:
Block 4
East:
506050.00
Elev:
190.00
Project Name:
South Send
Date Started:
Feb 24, 2010
Date Completed: Fe h
Collar Survey:
2.8, 2. 01 o
N
Plugged:
Destination Coordinates
North:
East:
Elev:
Grid: UTM 16U NAD 83
N
Contractor:
Core Storage: West McFaulds Camp
Multishot Survey:
N
Hole Size:
NQ
Pulse EM Survey:
N
Casing:
in hole
O(r Drilling International
CoUar Dip:
-65.00
Collar Az.:
180.00
Length:
956.00
Start Depth:
0.00
Final Depth:
956.00
Sample Averages
Survey Data
Depth
Azimuth
Decimal
Dip
Decimal
Test
Type
Flag
40.00
427.00
180.00
65.00
AQD
DO
180.00
66.00
AQD
OK
876.00
64.00
REFLE>
OK
Depth
Comments
no etch line seen
266.00
576.00
Azimuth
Decimal
Dip
Decimal
To
0
37.00
105.00
Comments
Flag
180.00
65.00 ACID
DO
180.00
65.00 AQD
OK
Detailed Lithology
From
Test
Type
no etch line seen
Assay Data
lithology
37.00 0, Overburden
Overburden
105.00 2, Intennediate Ash Tuff
INTERMEDIATE ASH TUFF, light to medium grey with variagated and mottled
sections, fine to medium grained. metamophosed with variably foliated to
gneissiC in texture depending upon biotite content. Magnetic and biotitic rich
interlavers..oranite dvke 56.5 - 62 '\ft.
311.00 2, Intermediate Ash Tuff
INTERMEDIATE TO MAFIC ASH TUFF, light to dark grey, variably mottled and
variagated appearance, more mafic, magnetitic and biotitie (brown phligotite
mica?) in charactor than above, Metamorphosed and foliated with shistose
texture but with felsic gneissic interlayers Numerous magnetite and biotite riCh
interlayers becoming increasingly cut up into magnetite rich blocks partially
engulfed by narrow slivers of granitic dyke rock. granite dyke 113.5 - 117ft..
broken up quartz vein 130- 132ft., medium grained diorite dyke 151 - 156ft.
gramitic gneiss interlayer or dyke 254-257 ft.
Sample Number
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From
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To
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Length
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Au gpt
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Cuper
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Sg gcm3
------------------I Mar 02, 2010
I Hole Number:
Page2of31
DETAILED LOG
Units: IMPERIAL
SB-10-11
Detailed Lithology
Assay Data
From
To
311.00
613.50 8, Granitic Gneiss
MIXED GRANITE GNBSS, MAGNETITE ZONE AND INTERMEDIATE VOLCANIC,
variable grey mottled and kaotic appearanoe, highly metamorphosed, more
gneissic and less foliated than above, medium to course grained tecture,
numerous quartz veins and injections sub-parallel to foliation especially in
volcanic interlayers. Made up of alternating short sections of granite gniess,
volcanic rocks and magnetite-biotite-chlorite-garnet rich sections from 0.5 to 6
feet wide (see mineralization details). In general, foliation trends 30-40 degree
core angles in volcanic rocks but more kaotic and varaible in mag-<:hl interlayers.
Granite dykes or plug 543-546', 570-571', 593.5-504.5'. Highly and variably
I magnetic. no significant sulphides.
729.00 3, Felsic Ash Tuff
MIXED FELSIC VOLCANIC, GRANITE GNEISS WITH MAGNETITE RICH
JNTERLAYERS
613.50
729.00
744.50
828.00
Lithology
graclational contact by increase in silica content, light to dark grey in colour, fine
to medium grained texture, highly metamorphosed, strongly chloritized in
magnetite+biotite rich interlayers, disseminated pink garnets (5%) up to Scm in
size present in magnetite rock, interlayers of white to light pink granitic gneiss
dyke throughout unit. no significant mineralization ( tr po+py disseminated in
fractures), weak foliation varying from 35-45 deg TCA, mottled texture, ~
15-20% thick milkv white atz veinina throuohout unit verv aood recoverv
744.50 6, Granite
GRANITE , pink grey, massive, coarse grained intruding mnor interlayers of
veined and kaotic slugs of metamorphosed felsic volcanic rock, Extensive quartz
injections.
828.00 3, Felsic Ash Tuff
MIXED FELSIC VOLCANIC, GRANITE GNEISS WITH MAGNETITE RICH
INTERLAYERS
light to dark grey in colour, fine to medium grained texture, sharp contact with
granite above, weakly foliated, feldspar and quartz eyes noted in felsic volcanic
rocks, highly metamorphosed, silicified, strongly chlorltized in magnetite + biotite
rich interlayers, disseminated pink garnets (5%) up to 2cm in size present in
magnetite rock, interlayers of white to light pink granitic gneiss dyke throughout
unit, no significant mineralization ( tr po+py disseminated in fractures), mottled
and kaotic textures, ~ 15-20% thick milky white qtz veining sub-parallel to rock
fabric throughout unit very oood core recoverv
912.50 2, Intermediate Ash Tuff
INTERMEDIATE ASH VOLCANIC - MAGNETITE ZONE, dark grey, fine to medium
grained, grandual contact, silicified, highly metamorphosed, moderately foliated
and laminated but less gneissic banding than above, Similar to above exoept
disseminated magnetite content appears greater and magnetite-<hlorite rich
zones appear to dominate more in unit, but reaction to magnet less (chromite?).
In general more magnetic when mag-<:hl interlayers also contain garnet
phenocyrsts (up to 3 em size). no significant sulphides.
Sample Number
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From
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To
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Length
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Au gpt
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Cuper
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Sg gan3
------------------I Mar 02, 2010
I Hole Number:
Page3of31
DETAILED LOG
SB-10·11
Un~·
Detailed Lithology
Assay Data
L~hology
From
To
912.50
956.00 6, Granite
GRANITE - GRANITE GNEISS, light grey , massive to banded fabric, coarse
grained, very quartz dominant, some volcanic outliers, gradual change to Granite
Gneiss non magnetic no sulphides.EOH
Sample Number
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From
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To
I
Length
1
Au gpt
I
Cuper
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Sggcm3
IMPERIAL
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APPENDIX 2
Drill Section
SB-10-11
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SB-I0-11
0/B
/00
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18,-481
533·!>- 5.3b
304/Z..OO
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471,- 481
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~uPLICAr£ 0~ '!.64-ZO.l.
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GRANITE.- G~A./JrrL GAI£155
'15"6'