TI-PA-HAA-KAA-NING (TPK) Gold Property

The Ti-pa-haa-kaa-ning (TPK) gold property is a 50/50 joint venture between the Company and Lake Shore Gold Corp. (“Lake Shore”). The joint venture was formed in 2007 and each company contributed claims. The Company is the operator of the joint venture. Nine claims are subject to an underlying 1.5% net smelter royalty payable to a third party, to a maximum of $2.5 million. The project was originally referred to as the Canopener Project, but the name was changed at the request of, and out of respect to, Neskantaga First Nation, within whose Traditional Territory the property occurs. Ti-pa-haa-kaa-ning means “that mining place” or “that exploration place” in Oji-Cree.

The Property

The property is located approximately 470 km northeast of Thunder Bay and 190 km northeast of Pickle Lake, Ontario. The property is located in the Traditional Area of the First Nations Community of Neskantaga, which is situated about 30 km southwest of the Property on the southwest corner of Attawapiskat Lake. The property currently consists of 188 claims covering an area of 40,368 hectares.

TPK Exploration History

Pre-2007

  • The region was initially explored by the Company for diamonds.
  • An overburden sampling program was completed with the primary purpose of defining diamond targets.
  • Processing of overburden samples lead to the recognition of anomalous gold grain-in-till values (see press release, January 15th, 2007).

2007 
  • The Company and Lake Shore signed a joint venture agreement (see press release, January 15, 2007).
  • A staking program was completed, the property consisted of 39 claims or 6,560 hectares.
  • The Company initiated an overburden sampling and diamond drill program (see press release June 18, 2007).
  • The results from the overburden sampling program defined a gold grain-in-till dispersal apron with a potential fertile strike length of six kilometers (see press release October 17, 2007).
  • The drill program (10 holes, 1,573m) intersected a west-striking package of metavolcanic rocks, dispelling the notion that the area was underlain by granitic intrusive rocks (see press release January 21, 2008).
  • Prospecting, data compilation and gold assay results (bedrock grab samples from old gold showings, review of the Company’s extensive proprietary data base; review of Government assessment reports; drill core assays) indicated that the fertile strike length could be as long as 10 kilometers (see press release January 21, 2008).

2008
  • The Company signed an historic Early Economic Benefits Agreement with Neskantaga First Nation (see press release July 10, 2008).
  • A second diamond drill program was completed (22 holes, 5,237 m), and met several key objectives including:
    • The identification of several key structures that host, or have the potential to host, gold mineralization;
    • An improved understanding of the bedrock geology associated with the newly discovered greenstone belt;
    • An improved understanding of the geology associated with gold mineralization thought responsible for the gold grain-in-till dispersal apron (see press release August 6, 2008).
  • The Company completion a second overburden sampling program which defined the lateral and up-ice boundaries of the gold grain-in-till dispersal apron (see press release February 26, 2009).
  • The Company completed an overburden mapping program which defined the erosion, transportation and depositional processes associated with the gold grain-in-till dispersal apron.
  • The Company completed a summer prospecting program that lead to the discovery of a new gold showing (see press release January 6th, 2009).
  • The Company completed a fall drill program to test gold showings that:
    • Tested gold mineralization in the eastern part of the property associated with historical trenches (25 holes, 3,925m) (see press release January 6, 2009);
    • Tested an area associated with the head of the gold grain-in-till dispersal apron and the new gold showing (8 holes, 2,161m). The drilling intersected gold- bearing ductile shear zones which positively demonstrated the areas potential to host a significant gold deposit (s) (see press release January 6, 2009).

2009

  • The Company completed a high resolution, low elevation, tightly spaced (50 m line spacing) airborne geophysical survey over the head of the gold grain-in-till dispersal apron.
  • The Company completed an evaluation of all its proprietary, archived electromagnetic  (EM) geophysical data, from which, several EM anomalies were identified.
  • The Company has initiated planning for the establishment of winter trails and a winter camp in support of its 2010 drill program.


Future Exploration

The Company is currently planning a drill program to test for the source of gold grains associated with the Big Dam gold grain-in-till dispersal apron. This drill program will initially consist of reverse circulation drilling, the results from which should provide a more focused area for a subsequent diamond drill program.


TPK gold grain subdivided


Note:

In January 2009, the Company announced the results of its 2008 fall drill program through a press release dated January 6th, 2009 entitled "Northern Superior Discovers New Gold Showing, Gold-bearing Ductile Shear Zones at Ti-pa-haa-kaa-ning Gold Project." A PowerPoint providing information to compliment the Press Release is provided in the "Presentation" part of this web site.

The Ti-pa-haa-kaa-ning gold property, Northwestern Ontario. The colored background represents the Company’s propriatory airborne geophysical data. The size of the property has dictated that it be subdivided into three sections in order to manage it more effectively.