Project

Gold Rock

100%

owned by Goldeye Explorations Ltd., a wholly owned subsidiary of Treasury Metals Inc.

Location

The Gold Rock Property is located 38 km south of Dryden, Ontario, is accessible by road and trail and is within several km of powerlines. The property can be accessed from Dryden by travelling 6 km west on Highway 594, then turning south onto Highway 502. Travel Highway 502 for approximately 60 km where a gravel trail (11 km) leads to the historic town site of Gold Rock.

Deposit Types

The Gold Rock property was obtained by Goldeye Explorations in 2002 and minor work carried out in 2003. There are 3 known gold occurrences in the eastern third of the Goldrock property discovered by surface prospecting. The balance of the property is also highly prospective for gold as favourable lithologies and structures are present, but this area has not been extensively explored.

3 types of Gold mineralization identified

Mesothermal Lode Gold deposit with Vein type and shear zone deposits have been noted in the Gold Rock area, consisting of coarse to cherty quartz with feldspar, carbonate, tourmaline, serecite/chlorite and gold in up to ~5% sulphides (Pyrite, Pyrrhotite, Arsenopyrite, Chalcopyrite, Sphalerite and Galena).

There may be a possible structural relationship between dikes and gold mineralization in 3 local historically producing gold mines.

01

Au associated with Quartz veins, stringers and stockwork within dikes

02

Au associated with Py within the felsic dikes

03

Au associated with sheared volcanics adjacent to dike contacts

Exploration on Adjacent Properties

Gold occurrences are also known on adjacent properties. There has been historical Au production from 1880-1943 of 376.4 Kg Au from the following sites: Big Master – 2565oz, Laurentian – 8143oz, Elora – 1370oz
10,000+ meters of underground drilling​

Manitou Gold’s actively explored Kenwest and Gaffney Projects where several high-grade gold showings have been intercepted, including 53.7 kg/t over 0.55 metres in 2011.

Several shafts on properties up to 200 metres depth shaft with up to 1500 metres of lateral development

Historic Exploration Specific to the Gold Rock Property

Over the time periods listed, several small magnetic and IP areas of interest have been identified in addition to the known gold deposit/prospect locations of historical mining.
Canadian Nickel Company (9 DDH 1970-1972)

1971

Noranda Airborne Mag/VLF-EM Radiometric
(Coverage included Gold Rock Property)

1988

Goldeye Spectral IP – Resistivity and magnetic surveys

1998

Delta Uranium – Ground Magnetic Survey
(Coverage included Gold Rock Property)

2005-2008

Goldeye – IP resistivity & Magnetic survey

2008

Laurentian Goldfields (Thundercloud lake property) 4000 metres in 6 DDH

2011

Line Cutting, Geophysical Survey (Proposed, unknown if completed)

2013

1976

OGS detailed mapping

1990-1997

Mapping, Sampling, Trenching, Linecutting, Ground Mag, VLF-EM surveys

2004

Goldeye IP Survey

2007

52 Grab samples ranging up to 1650ppb Au

2009

Manitou / Goldeye Detailed mapping & 387 Grab Samples,
with 179 samples in excess of 0.25 g/t Au

2012

54 Rock Samples (Lithology whole rock analysis) & 6 DDH 765 metres total with 166 core samples; including 3.61g/t Au over 0.6 metres, 1.7g/t Au over 0.4 metres

1971

Canadian Nickel Company (9 DDH 1970-1972)

1988

Noranda Airborne Mag/VLF-EM Radiometric
(Coverage included Gold Rock Property)

1998

Goldeye Spectral IP – Resistivity and magnetic surveys

2005-2008

Delta Uranium – Ground Magnetic Survey
(Coverage included Gold Rock Property)

2008

Goldeye – IP resistivity & Magnetic survey

2011

Laurentian Goldfields (Thundercloud lake property) 4000 metres in 6 DDH

2013

Line Cutting, Geophysical Survey (Proposed, unknown if completed)

1976

OGS detailed mapping

1990-1997

Mapping, Sampling, Trenching, Linecutting, Ground Mag, VLF-EM surveys

2004

Goldeye IP Survey

2007

52 Grab samples ranging up to 1650ppb Au

2009

Manitou / Goldeye Detailed mapping & 387 Grab Samples,
with 179 samples in excess of 0.25 g/t Au

2012

54 Rock Samples (Lithology whole rock analysis) & 6 DDH 765 metres total with 166 core samples; including 3.61g/t Au over 0.6 metres, 1.7g/t Au over 0.4 metres