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Page 1: Report on NTS 1L/13 Bygis.geosurv.gov.nl.ca/geofilePDFS/Batch2015/001L_0235.pdf · Timothy Froude (Figure 1; Table 1). Major communities in the area include Marystown, St. Lawrence,
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Report on Lamaline Property Mineral Licences

017950M,018590M, 018591M and 018592M Burin Peninsula, Newfoundland

NTS 1L/13

By

David Evans, P. Geo.

for Golden Dory Resources Corporation

Nov, 2011

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P.O. Box 940 Bishop’s Falls, NL A0H 1C0

Tel: 709-258-2255 Fax: 709-258-2292 Email: [email protected]

December 1, 2011 Mr. Justin Lake Dept. of Natural Resources 3rd Floor, Natural Resources Building P.O. Box 8700 St. John’s, NL A1B 4J6

RE: Assessment Report Mineral Licences 17950M, 18590M, 18591M and 18592M Dear Mr. Lake: The attached documents outline the expenses incurred on the Burin Project for 2010-2011. Total expenditures amounted to $64,373.88. Should you require any further details in this regard, please feel free to contact me at the address below. Kind regards, _ _____ David Evans, P. Geo.

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TABLE OF CONTENTS 1.0 INTRODUCTION................................................................................................................... 2 2.0 PROPERTY DESCRIPTION AND LOCATION ............................................................... 2 3.0 ACCESSIBILITY, CLIMATE, LOCAL RESOURCES, INFRASTRUCTURE, PHYSIOGRAPHY ........................................................................................................................ 2

3.1 Accessibility .......................................................................................................................... 2 3.2 Climate .................................................................................................................................. 2 3.2 Local Resources/Infrastructure ........................................................................................... 3 3.3 Physiography ........................................................................................................................ 4

4.0 HISTORY ................................................................................................................................ 4 5.0 GEOLOGICAL SETTING .................................................................................................... 5

5.1 Regional Setting ................................................................................................................... 5 6.0 EXPLORATION ..................................................................................................................... 8

2008 Exploration Program ........................................................................................................ 8 2011 Exploration Program ...................................................................................................... 10

7.0 CONCLUSIONS AND RECCOMENDATIONS.............................................................. 10 8.0 REFERENCES ...................................................................................................................... 18 Appendix 1 Geophysical Report ................................................................................................ 20 Appendix II Analyses and Sample Descriptions ...................................................................... 21

LIST OF FIGURES

Figure 1. Lamaline property Mineral Licences 017950M, 018590M, 018591M and 018592M, southern Burin Peninsula, Newfoundland. ..................................................................................... 3 Figure 2. Tectonostratigraphic map of Newfoundland (after Hayes, 1987). .................................. 5 Figure 3. Geological evolution of the Avalon Tectonostratigraphic Zone. .............................. 6 Figure 4. Simplified geology map of the southern Burin Peninsula (modified from Batterson et. al., 2007). ........................................................................................................................................ 7 Figure 5. Generalized geology of the Peters Brook area (geology modified after O’Brien et. al., 1977). .............................................................................................................................................. 8 Figure 6. Recce soil grid, Peter's Brook; shown are Au values > 5ppb. ....................................... 11 Figure 7. Chargeability map, Peters Brook showing. ................................................................... 12 Figure 8. Magnetic map, Peters Brook showing. .......................................................................... 13 Figure 9. Resistivity map, Peters Brook showing. ........................................................................ 14 Figure 10. Rock sample locations, Mineral Licence 017950M. ................................................... 15 Figure 11. Rock sample locations, Mineral Licence 018592M. ................................................... 15

LIST OF PLATES

Plate 1. Chalcedonic banding and cockade textures in epithermal breccia, Peters Brook. Fine grey wispy sulphide vein runs through the center of the sample. Altered granite forms the angular breccia fragments. ........................................................................................................................... 9

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1.0 INTRODUCTION The Lamaline property (formerly Salmonier Hill) is located on the southern tip of the Burin Peninsula, southern Newfoundland and Labrador near the community of Lamaline. In 2008, Golden Dory personnel carried out reconnaissance prospecting in the area north of Lamaline as part of its extensive Burin exploration program. This prospecting lead to the discovery of epithermal breccia and quartz veining in altered granite exposed along Peters Brook. Grab samples collected from the zone assayed up to 1.19 g/t Au and 130.4 g/t Ag. In the fall of 2009 a recce soil sampling program was carried out over the Peters Brook showing. Two clusters of anomalous Au in soils were outlined and for additional follow up. In 2011, Golden Dory established a cut grid and carried out a detailed IP and magnetic survey over the Peters Brook showing. This survey will help direct a diamond-drill program targeting the zone of epithermal brecciation planned for 2012. Helicopter-supported prospecting surveys were also carried out over adjacent licences.

2.0 PROPERTY DESCRIPTION AND LOCATION Golden Dory Resources’ Lamaline project is located on the Burin Peninsula, Newfoundland (Figure 1) within the Lamaline 1:50,000 NTS map sheet (1L/13). The Lamaline project consists of 13 claims (325 ha) in 1 licence owned 100% by Golden Dory and 48 claims (1200 ha) in 3 licences held by Mr. Timothy Froude (Figure 1; Table 1). Major communities in the area include Marystown, St. Lawrence, Lawn, Lamaline, Fortune and Grand Bank. Marystown, which is the largest community on the peninsula, is a major service centre for the offshore oil sector and is also a ship building centre.

3.0 ACCESSIBILITY, CLIMATE, LOCAL RESOURCES, INFRASTRUCTURE, PHYSIOGRAPHY 3.1 Accessibility Access to the Burin project from the Trans-Canada Highway (TCH) is via Route 220 (Burin Peninsula Highway), which exits the TCH at Goobies. Route 220 leads to the community of Marystown approximately 143 kms from the TCH. South of Marystown, Route 222 and Route 220 both extend around the “toe” of the Burin Peninsula through the claim group. ATV trails from within the local area provide good access to the interior. 3.2 Climate The climate in Newfoundland is a typical moderate temperate with relatively short, moderate to warm summers and longer moderate winters. Although extremes of hot and cold may occur from time to time, summer temperatures seldom reach above 30o C and winter temperatures seldom fall below -20o C. Whereas inland areas are more likely to experience broader fluctuations in temperature and more stable weather, coastal regions are strongly affected by the ocean and tend to experience less variation in temperature and more unstable weather. Coastal fog is a major factor in onshore areas and can be persistent at times. Snowfall accumulation is generally moderate and usually begins

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around December and remains until late spring in wooded areas and on north facing slopes.

Figure 1. Lamaline property Mineral Licences 017950M, 018590M, 018591M and 018592M, southern Burin Peninsula, Newfoundland. Licence Owner Claims Required Expen. Actual Expen. Work Due 017950M Golden Dory Res 13 $4,419.88 $36,463.10 2011/10/29 018590M Timothy Froude 22 $4,400.00 $10,882.05 2012/03/02 018591M Timothy Froude 8 $1,600.00 $6,987.35 2012/03/02 018592M Timothy Froude 18 $3,600.00 $10,041.38 2012/03/02 Table 1. Mineral licence information. 3.2 Local Resources/Infrastructure The Burin Peninsula has many of the resources needed for exploration and/or mine development including a deep-water, ice-free port. The area has a relatively recent mining history with the St. Lawrence Fluorspar mine which operated from 1933 to 1977 and again from 1984 to 1990. The mine is presently being reactivated by Canada Fluorspar Inc. The industrial facilities at the Marystown Shipyard are a service centre for the oil industry. The capital city of St. Johns is less than 4 hours

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from drive and it also boasts a major ice-free shipping port and an international airport. The town of Clarenville is within 2 hours drive and is a major supply centre. Route 220, an all-weather paved highway running from the town of Goobies to the toe of the Burin Peninsula is a major artery from the Trans-Canada Highway for this area. A major power line is already developed in the area to feed the shipyard and the now dormant fluorspar mine and water is plentiful with numerous ponds and small to medium size rivers and streams. 3.3 Physiography Much of the area covered by the Burin project comprises rolling, barren country with moderate relief of about 100 m elevation. Overburden is extensive in low-lying areas and in the area southwest of Lawn. Locally, deeply incised streams provide fairly good exposure. Coastal sections are quite rugged and provide almost continuous exposure. Inland outcrop is limited with the best exposures along the streambeds. The Burin Peninsula was extensively glaciated during the late Wisconsinan. Paleo ice-flow indicators record an initial southward-directed flow which was followed by a regionally extensive southwest to northwest flow direction (Batterson and Taylor, 2007). On the southern tip of the Burin Peninsula there is evidence for a westward to northwestward flow direction. The region southwest of Marystown is dominated by spectacular roches moutonées that reflect the dominant south-directed ice movement. 4.0 HISTORY The earliest reference to the mineral deposits of the Burin Peninsula was by Jukes (1843), who recorded the presence of lead and fluorite of lime on the west side of St. Lawrence Harbour. In 1870, Alexander Murray and James Howley visited Little Lawn and reported on the Mine Cove vein (Murray and Howley, 1871). As part of a regional 1:50,000 scale geological mapping program, undertaken by the Department of Mines and Energy, the southern portion of the Burin Peninsula was mapped by Strong et. al. (1978) and O’Brien et. al.(1977). Regional correlations and subsequent reconnaissance mapping has resulted in slight revisions to the geology particularly in the southern Burin area (S. O’Brien pers. comm. 2007). For the most current geology map of the area the reader is referred to O’Driscoll et. al. (1995) The Burin Peninsula was included in a regional lake sediment sampling project carried out by the Newfoundland Department of Mines and Energy during the late 1970s. In 1994, data showing the distribution of uranium in lake sediment was released for the Island of Newfoundland (Davenport et. al., 1994). In 1975 the Geological Survey of Canada released a series of uranium distribution maps that included NTS area 1M and 1L (Elliot et. al., 1975) In 2005, the Department of Natural Resources initiated a regional Quaternary mapping and till geochemistry project on the Burin Peninsula and Fortune Bay area (Batterson et. al., 2006; Batterson and Taylor, 2007).

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There are no records of mineral exploration work within the Lamaline property area. 5.0 GEOLOGICAL SETTING 5.1 Regional Setting The island of Newfoundland forms the northernmost terminus of the Appalachian Orogen (Figure 2), and has been sub-divided into four main tectonostratigraphic zones as follows: Humber Zone, Dunnage Zone, Gander Zone, and Avalon Zone (Williams et al., 1988). The Burin Peninsula lies within the Avalon Zone and it is underlain by late Neoproterozoic volcanic and sedimentary rocks of peri-Gondwanan affinity that are capped unconformably by a Lower Paleozoic shale dominated cover sequence. These late Neoproterozoic sequences formed in diverse oceanic, island arc and marine to terrestrial environments over a 200 million year period (O’Brien et. al., 1996). Within this 200 million year period four main tectono-magmatic events have been identified as occurring at 760, 680, 620, and 575 Ma (Figure 3). These Neoproterozoic sequences have been intruded by various late Paleozoic granitoid plutons. The Avalon Zone can be traced southeastwards into the Maritime Provinces and along the eastern seaboard of the United States.

Figure 2. Tectonostratigraphic map of Newfoundland (after Hayes, 1987).

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The Marystown Group as defined by Strong et. al.(1978) underlies an extensive portion of the southern Burin Peninsula (Figure 4). It comprises a bimodal sequence of subaerial basalt and rhyolite. The Marystown Group strikes northeast, is northwest dipping and faces northwest. The apparent great thickness of the group is probably exaggerated due to folding and thrusting (Strong et. al., 1978). This interpretation is supported by the present study. In the east the group is thrusts upon rocks of the Inlet Group along the westward-dipping Lewins Cove thrust fault. The Marystown Group in the Lamaline project area (Figure 5) is divided into: the High Beach Basalts; the Hare Hills Tuff, the Tapley Hills Breccias, and the Lamaline Basalts. The Tapley Hill Breccias comprise quartzite-bearing sandstone and conglomerate that have more recently been correlated with the Devonian Grand Beach Complex.

Figure 3. Geological evolution of the Avalon Tectonostratigraphic Zone.

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Figure 4. Simplified geology map of the southern Burin Peninsula (modified from Batterson et. al., 2007).

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Figure 5. Generalized geology of the Peters Brook area (geology modified after O’Brien et. al., 1977). 6.0 EXPLORATION 2008 Exploration Program The 2008 field program ran from September to mid-December 2008 utilizing a 10 person field crew based in St. Lawrence. Detailed geological mapping was completed over much of the Burin Project. Prospecting and rock sampling was completed over the Lamaline claim group. Sample UTMs, descriptions and assay results are included in Appendix I. Prospecting along Peters Brook, northwest of Lamaline revealed a 25 to 35 m wide, 035º trending zone of epithermal breccia and quartz veining hosted by altered granite (Plate 1). The veining and brecciation is accompanied by extensive silicification. Distal to the epithermal breccia the granite is medium grained and epidotized. Fine disseminated sulphides and fine dark-grey wispy bands of sulphide are locally developed within the veining. Grab samples collected form the zone have assayed up to 1188 ppb Au and 13.4 g/t Ag.

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Plate 1. Chalcedonic banding and cockade textures in epithermal breccia, Peters Brook. Fine grey wispy sulphide vein runs through the center of the sample. Altered granite forms the angular breccia fragments. A detailed prospecting and soil sampling program was completed in October of 2009 utilizing a two-man field crew based out of St. Lawrence and consisted of soil sampling and prospecting. A recce grid was established with a baseline centered at the edge of the brook (UTM587716E 5193955N) near where the 2008 samples were collected (Figure 6). The baseline was oriented at 035° and was approximately 600 meters in length. Cross-lines were spaced 50 meters apart and samples were collected approximately every 10 meters. This density of sampling was used to ensure adequate coverage in the event soils were difficult to obtain and thus target narrower anomalous zones that may have been missed using a 25 meter sample interval. Sampling conditions were not ideal due to the boggy nature of the project area, particularly in the southwest portions of the recce grid. A total of 387 soils samples and four rock samples were collected during the field program. Assaying for this program was carried out by Accurassay Laboratories of Thunder Bay, Ontario. Twenty-three of the soil samples assayed greater than 5 ppb Au to a maximum of 32 ppb. A total of 205 samples assayed less than the detection limit of 2ppb. The anomalous soils appear to form two clusters which may join in the vicinity of L3+00E. The first cluster lies to the north of the baseline and extends from L0+00 northeastwards to L3+00. A single point (7 ppb) on L2+00W may represent a southwest extension of this anomaly. The overall northeast-trend approximately parallels the mineralized trend exposed in Peters Brook. The second anomaly extends from south of the baseline on L1+50E

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northeastwards to L3+00E (Figure 6). 2011 Exploration Program In the spring of 2011 Golden Dory Resources had ASK Consulting cut 4.8 line kilometers of grid over the Peters Brook showing in preparation for a induced polarization/magnetometer geophysical survey. The geophysical survey was carried out in May-June, 2011 by RDF Consulting Ltd. of St. John’s. A total of 4.5 line kilometers of IP/Resistivity and 5.30 kilometers of total field magnetics surveying was completed. The IP survey was performed using a Pole-Dipole array consisting of 6 dipoles with an “a” spacing of 25 metres. The effective depth of penetration using this method is approximately 75 metres. The magnetometer survey was performed using a GEM GSM-19T Proton Magnetometer and base stations. Appendix I contains a report summarizing the survey methods, logistics and data. The program was successful in outlining potentially important structures and priority anomalies of interest for follow-up by diamond drilling. Geophysical maps are presented in Figures 7 through 9. In the late summer of 2011, Golden Dory personnel carried out a helicopter-borne prospecting survey over the Lamaline property. Personnel from ASK Prospecting were engaged to carry out a recce prospecting survey of the four mineral licences. A total of 15 rock samples were collected and analyzed. Though prospected no samples were collected mineral licences 018590M and 018591M. No significant assays were reported (Figures 10 and 11). Analyses are presented in Appendix II. Total exploration expenditures for the Lamaline project amounted to $64,373.88. The expenditure breakdowns are presented in Tables 2-5.

7.0 CONCLUSIONS AND RECCOMENDATIONS The Peters Brook showing is an example of low-sulphidation epithermal gold mineralization and is similar to occurrences documented elsewhere on the Burin Peninsula. However, this showing is the first example of epithermal-style of mineralization documented to the south of the St. Lawrence Granite. The zone as exposed in Peters Brook is between 25 and 35 m wide and trends 035º. High water levels in Peters Brook prevented further sampling of the mineralized zone discovered in 2008. Channel sampling across this zone is recommended, but dependent on water conditions. It is recommended that the soil grid be also extended to the northeast and east to test for possible extensions of the soil anomalies. The geophysical survey should be followed up with 1000 m of diamond drilling which would test the zone of epithermal brecciation beneath Peters Brook. Additional prospecting and soil sampling is also warranted. Respectfully Submitted, D. T. W. Evans P. Geo.

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Figure 6. Recce soil grid, Peter's Brook; shown are Au values > 5ppb.

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Figure 7. Chargeability map, Peters Brook showing.

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Figure 8. Magnetic map, Peters Brook showing.

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Figure 9. Resistivity map, Peters Brook showing.

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Figure 10. Rock sample locations, Mineral Licence 017950M.

Figure 11. Rock sample locations, Mineral Licence 018592M.

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Mineral Licence 017950M Personnel Description Number Expense Dave Evans Report Writing, map prep etc. 2 days @ $502 $1,004.00 Tim Froude Data review 1 day @ $502 $502.00 Kevin Keats Prospecting 2 days @ $502 $1,004.00 Travel Hotel/Meals 2 days $250.00 Vehicle 2 days $120.00 Assaying $27.35 6 $164.10 Cut Grid ASK Consulting $4,681.76 Geophysics RDF Consulting Ltd. $25,422.41 Subtotal $33,148.27 Admin 10% $3,314.83 Total $36,463.10 Mineral Licence 018590M Personnel Description Number Expense Dave Evans Report Writing, map prep etc. 4 days @ $502 $2,008.00 Tim Froude Data review 2 day @ $502 $1004.00 Kevin Keats Prospecting 2 days @ $502 $1,004.00 Prospecting ASK Consulting

(2 prospectors, travel, accom, meals and supplies)

$5,572.39

Helicopter $304.38 Subtotal $9,892.77 Admin 10% $989.28 Total $10,882.05

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Mineral Licence 018591M Personnel Description Number Expense Dave Evans Report Writing, map prep etc. 4 days @ $502 $2,008.00 Tim Froude Data review 2 day @ $502 $1004.00 Kevin Keats Prospecting 2 days @ $502 $1,004.00 Prospecting ASK Consulting

(2 prospectors, travel, accom, meals and supplies)

$2,031.80

Helicopter $304.38 Subtotal $6,352.14 Admin 10% $635.21 Total $6,987.35 Mineral Licence 018592M Personnel Description Number Expense Dave Evans Report Writing, map prep etc. 4 days @ $502 $2,008.00 Tim Froude Data review 2 day @ $502 $1004.00 Kevin Keats Prospecting 2 days @ $502 $1,004.00 Prospecting ASK Consulting

(2 prospectors, travel, accom, meals and supplies)

$4,562.42

Helicopter $304.38 Assays $27.35 9 $246.15 Subtotal $9,128.53 Admin 10% $912.85 Total $10,041.38

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8.0 REFERENCES Batterson, M.J, and Taylor, D.M.

2007: Till geochemical surveys of and preliminary Quaternary mapping of the Burin Peninsula and adjacent areas. In Current Research, Newfoundland and Labrador Department of Natural Resources, Geological Survey, Report 07-01, pages 197-214.

Batterson, M.J., Taylor, D.M., Bell. T., Brushett, D. and Shaw, J.

2006: Regional ice-flow mapping, surficial geology and till geochemistry of the northern Burin Peninsula and adjacent Placentia Bay. In Current Research, Newfoundland and Labrador Department of Natural Resources, Geological Survey, Report 06-01, pages 161-176.

Davenport, P H, Nolan, L.W. and Honarvar, P.

1994: Geochemical atlas: the distribution of uranium [U] in lake sediment, Island of Newfoundland. Government of Newfoundland and Labrador, Department of Natural Resources, Geological Survey, Open File NFLD/2355 Version 1.0, [Map 93-156]

Hayes, J.P.

1987: Unpublished geology map of Newfoundland. Newfoundland Department of Mines and Energy, Mineral Development Division.

Jukes, J.B.

1843: General report of the Geological Survey of Newfoundland during the years 1839 to 1840. London: John Murray, page 154.

King, A.F.

1998: Geological Setting. In Mineralizing environments and Late Neoproterozoic lithofacies of Conception Bay and northeastern Trinity Bay. Geological Association of Canada Newfoundland Section, Fall Field Trip Guidebook, pages 23-40.

Murray, A. and Howley, J.P.

1871: Report on the Geological Survey of Newfoundland from 1864 to 1880. Geological Survey of Newfoundland, Publication , 536 pages.

O’Brien, S.J., O’Brien, B.H., Dunning, G.R. and Tucker, R.D.

1996: Late Neoproterozoic Avalonian and related peri-Gondwanan rocks of the Newfoundland Appalachians. In Nance, R.D. and Thompson, M.D., editors, Avalonian and Related Peri-Gondwanan Terranes of the Circum-North Atlantic. Boulder, Colorado, Geological Society of America Special Paper 304.

O’Brien, S.J., Strong, P.G., and Evans, J.L.

1977: The geology of the Grand Bank (1M/4) and Lamaline (1L/13) map areas, Burin Peninsula, Newfoundland. Newfoundland Department of Mines and Energy, Mineral Development Division, Report 77-7, 16 pages

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O’Driscoll, C.F., Stapleton, G.J. and King, D.W.

1995: Mineral Occurrence Map, Belleoram/St. Lawrence, Newfoundland. Map 95-16. Scale: 1:250 000. Government of Newfoundland and Labrador, Department of Natural Resources, Geological Survey Assessment File NFLD/2568

Strong, D.F., O’Brien, S.J., Taylor, S.W., Strong, P.G., and Wilton, D.H.

1978: Geology of the Marystown (1M/3) and St. Lawrence (1L/14) map areas, Newfoundland. Newfoundland Department of Mines and Energy, Mineral Development Division, Report 77-8, 81 pages.

Williams, H., Colman-Sadd, S.P. and Swinden, H.S.

1988: Tectonostratigraphic subdivisions of central Newfoundland. In current Research. Geological Survey of Canada, Paper 88-1A.

Williamson, D.H.

1956: The geology of the fluorspar district of St. Lawrence, Burin Peninsula, Newfoundland (12 maps). Newfoundland Mineral Resources Division, Internal Report. Assessment File 1L/14 (15)

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Appendix 1 Geophysical Report

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LOGISTICAL REPORT FOR INDUCED POLARIZATION/MAGNETOMETER GEOPHYSICAL SURVEYS

PERFORMED ON THE LAMALINE GOLD PROJECT BURIN PENINSULA, NEWFOUNDLAND

WORK PERFORMED: MAY-JUNE 2011 Prepared for: GOLDEN DORY RESOURCES INC. Corporate Office 50 McCurdy Drive Gander, NL Canada A1V 1A2 Tel: 709-256-4201/4216 Attn: Mr. Tim Froude VP Exploration Prepared By: RDF Consulting Ltd.

Dean Fraser, P.Geo. 51 Shelburne Street Paradise, Newfoundland A1L 0N7 Tel: (709) 687-0535 June 08, 2011

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SUMMARY

During the 9 day period from May 29th through June 06th 2011, Golden Dory Resources Inc. commissioned RDF Consulting Ltd. of St. John’s, Newfoundland to perform Induced Polarization/Resistivity and total field magnetometer geophysical surveys on its Lamaline Gold Property located near the community of Lamaline, Newfoundland. A total of 4.50 line kilometers of IP/Resistivity and 5.30 kilometers of total field magnetics surveying were completed during the program. The IP survey was performed using a Pole- Dipole array consisting of six dipoles with an “a”-spacing of 25 meters. Effective depth of penetration using this method is approximately 75 meters. The magnetometer survey was performed using a GEM GSM-19T Proton Magnetometer and base station. All data was corrected for diurnal variations in the Earth’s magnetic field. The surveys were undertaken in an attempt to gain a better understanding of the local geology within the gridded area and to define exploration targets for follow-up exploration including drill testing. The program proved successful in outlining potentially important structures and priority anomalies of interest that will require follow-up field investigation. Geophysical data from both techniques were of high quality and ground conditions in the area were very conducive to using both geophysical methods. The following is a basic logistical report that summarizes the survey methodology and logistics involved in performing the induced polarization and magnetic geophysical surveys. A detailed interpretation of the data has not been requested by Golden Dory. All pseudosections, stacked pseudosections, contour maps, field notes and data files produced for this report have been appended to the accompanying data CD.

April 2011 Geophysical Logistics Report

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Golden Dory Resources Inc. Lamaline Gold Project, Burin Peninsula, NL

TABLE OF CONTENTS SUMMARY ......................................................................................................................................... i TABLE OF CONTENTS ................................................................................................................... ii I. INTRODUCTION Scope .......................................................................................................................................... 1 Grid Location and Access .......................................................................................................... 1 Personnel ..................................................................................................................................... 1 II. SURVEY SPECIFICATIONS Induced Polarization/Resistivity ................................................................................................ 4 Magnetometer ............................................................................................................................ 4 III. PRODUCTION SUMMARY IP/Resistivity Production Summary ........................................................................................... 4 Magnetometer Production Summary .......................................................................................... 5 IV. LOGISTICS DISCUSSION Induced Polarization/Resistivity ................................................................................................ 5 Magnetometer Method ............................................................................................................... 6 Final Presentation ..................................................................................................................... 10 V. CONCLUSIONS AND RECOMMENDATIONS .................................................................. 10 VI. CERTIFICATE OF QUALIFICATIONS ............................................................................. 11 LIST OF FIGURES Figure 1: Lamaline Gold Property Location Map .............................................................................. 2 Figure 2: Lamaline Gold Property Grid Location Map ...................................................................... 3 Figure 3: Lamaline Gold Project M11 Chargeability Map (n=1) ...................................................... 7 Figure 4: Lamaline Gold Project Apparent Resistivity Map (n=1) .................................................... 8 Figure 5: Lamaline Gold Project Total Field Magnetics Map (n=1) ................................................. 9 LIST OF TABLES Table 1: RDF Personnel employed on the Lamaline Geophysical Surveys ....................................... 1 Table 2: Induced Polarization/Resistivity Survey Specifications ...................................................... 4 Table 3: Magnetometer Survey Specifications .................................................................................. 4 Table 4: IP/Resistivity Survey Production Summary ........................................................................ 4 Table 5: Total Field Magnetics Production Summary ....................................................................... 5 Table 6: Infinity location .................................................................................................................... 5 Table 7: Magnetometer base station location ..................................................................................... 6 LIST OF APPENDICES Appendix A: Geophysical Equipment Specifications Appendix B: IP/Resistivity and Magnetometer Data and Maps Disk

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Golden Dory Resources Inc. Lamaline Gold Project, Burin Peninsula, NL

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I. INTRODUCTION Scope This report summarizes the logistics and other information relating to induced polarization/resistivity and total field magnetometer geophysical surveys performed on the Lamaline Gold Project located near the town of Baie Verte, Newfoundland. Golden Dory commissioned RDF Consulting Ltd. for nine days during the months of May and June 2011 to perform the above mentioned surveys. RDF Consulting Ltd. completed a total of 4.50 line kilometers of induced polarization and 5.30 line kilometers of total field magnetics over the Lamaline grid area. The surveys were performed in an attempt to gain a better understanding of the local geology and to define exploration targets for follow-up exploration including drill testing. The program proved successful in outlining numerous high priority anomalies of interest that will require follow-up field investigation. A detailed interpretation of the survey results was not requested by Golden Dory. Grid Location and Access Access to the Lamaline Gold Project grid area can be obtained by travelling west along the paved Burin Peninsula Highway 220 from the small community of Lamaline. The property lies within four kilometres of the town itself. The grid can be easily accessed by ATV trails throughout the property. The closest larger size community from Lamaline would be the town of St. Lawrence which is an approximately 40 minute drive. St Lawrence has excellent infrastructure and amenities providing a great base for running exploration programs. The Lamaline Gold Project grid area is characterized by a flat mixture of bog and some scattered outcrops throughout the terrain which has a rocky brook cutting through the grid. Figure 1 illustrates the general property map and Figure 2 the detailed grid location map. Personnel Tables 1 provides a summary of all personnel involved in performing and finalizing geophysical surveying on the Lamaline Gold Project related to this report.

Name Address Dates Worked Work Done Dean Fraser (P.Geo.) St. John’s, Newfoundland Supervision and Report Gord Hume Kapuskasing, Ontario May 29- June 06, 2011 Senior Geophysical Tech Billy King Baie d’Espoir, NL May 29- June 06, 2011 Helper Absalom Short Cape Ray, NL May 29- June 06, 2011 Helper Steven Snow King’s Point May 29- June 06, 2011 Helper Robert Chapman Springdale May 29- June 06, 2011 Helper

Table 1: RDF Personnel employed on the Lamaline Geophysical Surveys

April 2011 Geophysical Logistics Report.

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2 Golden Dory Resources Inc. Lamaline Gold Project, Burin Peninsula, NL

Figure 1: Lamaline Gold Property Location Map (Provided by Golden Dory Resources)

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3 Golden Dory Resources Inc. Lamaline Gold Project, Burin Peninsula, NL

Figure 2: Peter’s Brook Grid Map (Provided by Golden Dory Resources)

April 2011 . Geophysical Logistics Report

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Golden Dory Resources Inc. Lamaline Gold Project, Burin Peninsula, NL

II. SURVEY SPECIFICATIONS Induced Polarization/Resistivity Table 3 summarizes survey equipment, array type and specifications related to the IP/Resistivity survey performed on the Lamaline Gold Property. Appendix A lists the specifications of the State-of-the-Art Scintrex equipment used for the survey. Receiver Scintrex IPR-12 (Digital) Transmitter IRIS VIP 5000 (5000W, 10A) Domain Type Time Domain Transmit Cycle Time 2 Seconds Receive Cycle Time 2 Seconds Array Type Pole-Dipole Array Number of Dipoles 6 (n=6) Electrode Spacing “a”=25m Maximum Depth of Penetration 75m Table 2: Induced Polarization/Resistivity Survey Specifications Magnetometer Table 4 summarizes survey equipment and relative survey parameters for the magnetometer survey performed on the Lamaline Gold Property. Appendix A provides the detailed specifications of the State-of-the-Art GEM Systems equipment used on the survey. Field Magnetometer GEM GSM-19 Proton Magnetometer Base Magnetometer GEM GSM-19 Proton Magnetometer Magnetic Survey Type: Total Field Sampling Rate (Base Station) 3-5 Seconds Station Reading Interval (Field Unit) 12.5 meters Base Datum Used 51,500 nT Line Spacing 100 meters Table 3: Magnetometer Survey Specifications III. PRODUCTION SUMMARY IP/Resistivity Production Summary Table 4 summarizes survey coverage for the IP/Resistivity geophysical method.

Line Number Station Number From

Station Number To

Total Distance (km)

Peter’s Brook Grid 25m Dipole Spacing

L10100W 4750N 5250N 0.500 L10000W 4750N 5250N 0.500 L9900W 4750N 5250N 0.500 L9800W 4750N 5250N 0.500

4

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Golden Dory Resources Inc. Lamaline Gold Project, Burin Peninsula, NL

April 2011 Geophysical Logistics Report

L9700W 4750N 5250N 0.500 L9600W 4750N 5250N 0.500 L9500W 4750N 5250N 0.500 L9400W 4750N 5250N 0.500 L9300W 4750N 5250N 0.500

Total: 4.50 km Table 4: Induced Polarization/Resistivity Survey Production Summary Total Field Magnetics Production Summary Table 5 summarizes survey coverage for the total field magnetometer geophysical method.

Line Number Station Number From

Station Number To

Total Distance (km)

Peter’s Brook Grid L10100W 4750N 5250N 0.500 L10000W 4750N 5250N 0.500 L9900W 4750N 5250N 0.500 L9800W 4750N 5250N 0.500 L9700W 4750N 5250N 0.500 L9600W 4750N 5250N 0.500 L9500W 4750N 5250N 0.500 L9400W 4750N 5250N 0.500 L9300W 4750N 5250N 0.500 BL5000N 9300W 10100W 0.800

Total: 5.30 km

Table 5: Total Field Magnetics Survey Production Summary IV. LOGISTICS DISCUSSION Induced Polarization/Resistivity The IP/Resistivity survey on the Lamaline Gold Property consisted of 4.50 line kilometers of coverage over nine, 100 meter spaced grid lines. Table 6 provides the infinity location for all lines surveyed. All coordinates are given in UTM NAD27, Zone 21. Illustrative maps of survey results have been provided below as Figures 3 and 4.

Infinity Location Easting Northing Peter’s Grid

Infinity Location 587802E 5192290N

Table 6: Infinity location A five man field crew was used initially to maximize production for the survey. For logistical reasons, lines were read in a southeast to northwest direction. Grid lines were spaced at 100 meter intervals. As indicated in Section II, Survey Specifications, a pole-dipole array was used. This electrode configuration consisted of 6 dipoles (n=1 to n=6) read simultaneously at an “a”-spacing of

5

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Golden Dory Resources Inc. Lamaline Gold Project, Burin Peninsula, NL

April 2011 Geophysical Logistics Report

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25 meters. Maximum depth of penetration achieved by this setup is 75 meters. A schematic showing the generalized set up is provided below:

Field logistics for the survey involved placing a set of “infinity” electrodes a considerable distance from the east side of the grid lines where it does not move for the entire survey. These electrodes are connected by a narrow 18 gauge geophysical wire to the IP transmitter. The IP transmitter location generally remains stationary throughout the survey. The general rule of thumb for such infinity locations is ten times the “a”-spacing times the number of dipoles (10 x (na)). From the transmitter, another set of wires are run to the end of the grid lines being surveyed to close the electrical circuit required to induce a current into the ground. A special 150 meter long potential electrode cable is then attached to the IP receiver and placed along precut and chained grid lines in the pole-dipole configuration. Data is collected at the initial station setup and the entire setup is then leapfrogged to the end of each line collecting data as the operator moves at 25 meter intervals. At the end of each survey day, data was downloaded to a Laptop computer and processed using the GeoSoft Oasis Montaj V.5.08 data processing software. Pseudosections were generally plotted on a nightly basis and provided to the client. Magnetometer Method A total field magnetometer survey was performed over the Lamaline Gold Project using a GEM Proton magnetometer. A GEM Proton base station was employed to correct for diurnal variations in the earth’s magnetic field during surveying. The use of a base station ensures high quality data is the end result once corrections are made at the end of each field day. The base station is best located in a magnetically “quiet” area near the survey grid. The datum used for the base station corrections was 51,500 nanoteslas. Table 7 provides UTM coordinates for the location of the base station on the Peter’s Brook grid. Coordinates are provided in NAD27/Zone 21N. A total of 5.30 line kilometers of data was collected on the grid. Readings were collected on all lines using a 12.5 meter sampling interval. An illustrative map of total field magnetic has been provided below as Figure 5.

Grid Name UTM Coordinate (GPS Derived) Easting Northing

Peter’s Brook Grid 587744 5193430

Table 7: Magnetometer base station location

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Golden Dory Resources Inc. Lamaline Gold Project, Burin Peninsula, NL

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Figure 3: Lamaline Gold Project M11 Chargeability Contour Map (n=1)

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Golden Dory Resources Inc. Lamaline Gold Project, Burin Peninsula, NL

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Figure 4: Lamaline Gold Project Apparent Resistivity Contour Map (n=1)

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9 Golden Dory Resources Inc. Lamaline Gold Project, Burin Peninsula, NL

Figure 5: Lamaline Gold Project Total Field Magnetics Map

April 2011 . Geophysical Logistics Report

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Golden Dory Resources Inc. Lamaline Gold Project, Burin Peninsula, NL

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At the end of each survey day, data was downloaded to a Laptop computer and processed using the GeoSoft Oasis Montaj V.5.08 data processing software. Data was processed and plotted on a nightly basis. All data was backed up on CD ROM. FINAL PRESENTATION The following geophysical maps have been produced as hard copies and are appended to the CD which accompanies this report: • Individual IP/Resistivity pseudosections (1:2500) • M11 Chargeability contour map – n=1 (1:2500) • Calculated Resistivity contour map – n=1 (1:2500) • Stacked M11 Chargeability pseudosections (1:2500) • Stacked Apparent Resistivity pseudosections (1:2500) • Total Field colour magnetics contour map (1:2500) Data processing and final presentations were produced using the GeoSoft Oasis Montaj v5.08 geophysical software. V. CONCLUSIONS AND RECOMMENDATIONS The data obtained from both the magnetometer and Induced Polarization surveys over the Lamaline Gold Property was considered to be of high quality. Ground conditions and surficial geology were very conducive to performing both the Induced Polarization/Resistivity electrical survey and ground magnetometer survey. Good signal to noise ratios were obtained throughout the survey area and valuable information was obtained from the surveys. Potentially important structures along with priority geophysical targets were identified and will require follow up ground proofing. Daily production rates were consistent over the duration of the survey and no equipment malfunctions were encountered. Production rates were excellent, however, several days of hard rain delayed the completion of the survey. Overall, the survey was performed in an efficient and timely manner. A detailed interpretation of the data is necessary to evaluate all anomalies delineated and to gain a better understanding of their relationship to project geology prior to drilling. All information pertaining to the survey can be found on the accompanying CD to this report.

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Golden Dory Resources Inc. Lamaline Gold Project, Burin Peninsula, NL

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VI. CERTIFICATES OF QUALIFICATIONS I, R. Dean Fraser, of the City of St. John’s, Newfoundland do hereby certify: That I am a registered Professional Geophysicist/Geologist with the Association of Professional Engineers and Geoscientists of Saskatchewan and Newfoundland and Labrador. That I received my Bachelor of Science degree in Geology/Geophysics from Memorial University of Newfoundland in 1992. That I have practiced my profession as both an Exploration Geophysicist and Geologist continuously since 1992. That I do hold shares of Golden Dory Resources and sit on the Advisory Board of the Company. Dated at St. John’s, Newfoundland this 08th day of June, 2011. ________________________ Dean Fraser, P.Geo.

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Golden Dory Resources Inc. Lamaline Gold Project, Burin Peninsula, NL

April 2011 Geophysical Logistics Report

APPENDIX A

Geophysical Equipment Specifications

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MAGNETOMETERS

GSM-19T v7.0 Proton Precession

Magnetometer /

Gradiometer / VLF system

Key technologies include:

* Data export in standard XYZ (i.e. line-oriented)format for easy use in standard commercial software programs

* Programmable export format for full control over output

* GPS elevation values provide input for geophysical modeling

* <1.5m standard GPS for high resolution surveying

* Enhanced GPS positioning resolution

* Multisensor capability of advanced surveys to resolve target geometry

* Picket marketing/annotation for capturing related surveying information on-the-go * And all of these technologies come complete with the

most attractive prices and warranty in the business!

The new v7.0 system is the

industry’s latest innovation in

proton precession

design - with many new

technologies that deliver significant

benefits for geophysical applications.

Terraplus Inc. Tel: 905-764-5505 Email: [email protected] 52 West Beaver Cr. Rd. #12, Richmond Hill, ON. Canada L4B 1L9 Fax: 905-764-8093 Website: www.terraplus.ca

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For earth science survey groups who require a complete solution for end-to-end magnetic data acquisition at an affordable price, the QuickTrackerTM (GSM-19T) proton precession family is the proven choice - for even the most challenging environments.

From robust field units to efficient survey modes to fast data downloading, QuickTracker is carefully designed to deliver the maximum value in a proton precession system.

The GSM-19T also provides numerous technologies that differentiate it from other systems. For example, it is the only proton precession system with integrated GPS (optional) for high-sensitivity, accurately-positioned ground surveys.

With other v7.0 upgrades, the GSM-19T Proton Precision system also leads in

Daily scheduling (define working hours and minutes each day). This mode provides economy of memory and battery usage on a daily basis.

Flexible scheduling (up to 30 on / off periods). Simply define a series of intervals and the base station will turn itself on as you need. This mode provides the greatest flexibility for longer surveys where leaving your base station running increases efficiency.

Immediate start. This mode is the traditional mode of starting a base station unit and leaving it until the operator can return to turn off the unit.

Survey Planning & Efficiency

MAGNETOMETERS

Survey Operations

QuickTracker also helps the operator on a daily basis while performing surveys. A key feature is the easy-to-read LCD data display in graphical (or text) format along with a signal quality indicator to determine when readings need to be repeated.

And, although v7.0 proton preces­sion unit is very tolerant to gradients, it also provides a warning indicator so that the operator can monitor data quality continuously. Other features operators appreciate include easy-to-use line and station incrementing -- as well as end-of-line indicators.

Fast Data Transfer

Another traditional area in which time is lost in surveys is in data transfer. The v7.0 addressed this in several ways:

Data download is tripled to 115 KBaud (fastest rate possible with RS-232).

PC-based data reduction is now possible using an upgraded data transfer software version.

GPS & Other Software

Terraplus recently became the first supplier to provide a fully integrated GPS option for its line of proton precession products. Along with metre to sub-metre positioning options, the new processing func­tionality enables users to take advantage of the benefits of GPS.

One of the traditional challenges insensitivity, memory, base station , ground magnetometer / gradiometertechnology and other key areas.

Designed from the Ground Up

Leading the list of advances is rover unit which features a 25% increase in sensitivity -- reflecting new processing algorithms and implementation of the latest RISC microprocessors.

In addition, v7.0 standard memory is 16 Mbytes (expandable to 32 Mbytes) which translates into 838,860 readings of line / station data or more than 2,796,202 readings for base station units.

The new memory capacity sets an industry standard, but more importantly, it means that operators can now handle even the largest surveys with ease.

Another important innovation its unique programmable base station which you can enable via either a field unit or a Personal Computer as follows:

surveys is ensuring that surveys are designed and implemented as effec­tively as possible.

This v7.0 proton precession system, includes additional capabilities, such as the Walking Mag option that ena­bles the operator to sample while walking. Though there is some in­crease in noise, many users find this is balanced by improved field productivity. Having nearly continous data on survey lines also helps increase the accuracy of interpretations.

Another innovation is GPS way point pre-programming. Now you can define a complete survey in the office on your Personal Computer and download this information directly to a rover unit via RS-232. Then, the operator simply performs the survey using the points as their survey guide -- with a resulting decrease in errors and more rapid survey completion.

Terraplus Inc. Tel: 905-764-5505 Email: [email protected] 52 West Beaver Cr. Rd. #12, Richmond Hill, ON. Canada L4B 1L9 Fax: 905-764-8093 Website: www.terraplus.ca

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MAGNETOMETERS

GPS Capabilities Ongoing Maintenance and Support

- Pre-programming of way points. As a potential user of a GSM-19T system -- the industry’s end-

- Post-processing of GPS data. to-end magnetometer / gradiometer solution -- you should also

DGPS option enables know that we stand by our technologies, products and serv­

transfer of GPS data for post- ices.

processing and merging via 3rdparty software.

- Precise time synchronization of field and base station units. This Specificationscapability is particularly importantfor working in noisy magnetic Performanceconditions and provides the highest accuracy possible.

Sensitivity: < 0.1 nT@ 1Hz0.01 nT- In addition to the software provided, Resolution:

Terraplus is also pleased to offer a Absolute Accuracy: 1 nT(+/-0.5 nT) variety of data analysis and Dynamic Range: 20,000 to 120,000 nT

processing software from 3rd party Gradient Tolerance: Over 7000 nT/m

developers. Sampling Rate: 1 reading per second up to 60 sec Operating Temperature: -40C to +60C

Operating Modes

Manual: Coordinates, time, date and reading stored automatically at minimum 3 readings per second interval.

Base Station: Time, date and reading stored at 3 to 60 second intervals. Remote Control: Optional remote control using RS-232 interface. Input / Output: RS-232 or analog (optional) output using 6-pin weatherproof connector.

Storage - 16Mbytes (# of Readings) Dimensions

Mobile: 833,860Base Station: 2,796.202Gradiometer: 699,050Walking Mag: 1,677,721

Console: 223 x 69 x 240mm Sensor: 170 x 71mm diameter cylinder

Weights

Console: 2.1 kgSensor and

Standard Components Staff Assembly: 2.2 kg

GSM-19T console, Data transfer software, batteries,harness, charger, sensor with cable, RS-232 cable, staff, instruction manual and shipping case.

Optional VLF

Frequency Range: Up to 3 stations between 15 to 30.0 kHz Parameters: Vertical in-phase and out-of-phase components as

% of total field. 2 relative components of thehorizontal field.

Resolution: 0.1% of total field

Terraplus Inc. Tel: 905-764-5505 Email: [email protected] 52 West Beaver Cr. Rd. #12, Richmond Hill, ON. Canada L4B 1L9 Fax: 905-764-8093 Website: www.terraplus.ca

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IRIS Instruments - 1 avenue Buffon, B.P. 6007, 45060 Orléans Cedex 2, France Phone : + 33 2 38 63 81 00 - Fax : + 33 2 38 63 81 82 E-mail : [email protected] - Web site : www.iris-instruments.com

IRIS INSTRUMENTS

VIP 5000

5 kW IP TRANSMITTER

Up to 3000V, 10A

Standard motor generator

Ease of use

Full microprocessor control

IRIS Instruments is pleased to introduce its new entry in the VIP range of resistivity and IP transmitters, VIP 5000, a 5 kW current regulated Time Domain Induced Polarization transmitter.

VIP 5000 MAJOR BENEFITS VIP 5000 MAIN FEATURES • VIP 5000 is light in weight and endowed with a high voltage output (3000V): this is particularly convenient for IP surveys in high resistivity rugged areas and for deep resistivity soundings. • VIP 5000 is microprocessor driven for ease of operation and protection against misuse. All injection parameters (current, voltages, ...) are controlled. • VIP 5000 is powered from a standard single phase or three phase motor generator: this eliminates the maintenance and supply problems associated with custom power sources.

HIGH OUTPUT : In medium and high resistivity areas, the amount of current driven into the ground depends on the maximum output voltage provided by the transmitter; in addition in low resistivity areas, it is also dependent on the maximum output power. The VIP 5000 features the following specifications:

• High output voltage: 3000 V • High output power: 5 kW • High output current: 10 A

HEAVY DUTY CONSTRUCTION: Very high quality connectors, and heavy duty industrial components are used throughout. The VIP 5000 is shock resistant and weatherproof, for a higher reliability.

FULLY AUTOMATED:

The VIP 5000 is designed for ease of operation. It has a much simplified front panel: current setting is the only parameter to be selected by the operator. All the other functions, like voltage range setting, are fully automated.

PROGRAMMABLE:

Programming functions are also available through the front panel, but with a special key combination. These functions are used to select the parameters and options that are not normally changed during a survey: operating mode, time or frequency domain, cycle time, frequencies. This approach reduces front panel cluttering and drastically reduces the possibility of operator mistake. Instrument reliability is thus increased.

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VIP 5000 STANDARD MOTOR GENERATOR SUPPLY In order to minimize transportation and maintenance costs, the local availability of a motor generator is a key factor. Being powered by a standard motor generator, the VIP 5000 offers the highest flexibility in its class. Its power input requirements are: • 180 to 250 V voltage for maximum output power • 45 to 800 Hz frequency • single phase or three phases • motor generator or power line supply FULL MICROPROCESSOR CONTROL The full microprocessor control of the VIP 5000 allows the following basic benefits: • Ease of use through interactive menus • User friendly selection of the current value • Continuous display of output current, voltage, power, ground resistance values • Display of intelligent messages and warnings in case of a problem or malfunction: overload, short circuit, input, under or overvoltage ....

INTELLIGENT REGULATION: The VIP 5000 internal microprocessor is capable of excellent current regulation in almost any load. Current may be selected by the operator in preprogrammed steps from 50 mA to 10 A. Intelligent current adjustment algorithms are always in operation. For example, the contact resistance will occasionally be too high for the VIP 5000 to provide the requested current setting. In such cases, the VIP 5000 will display a warning message and will set the current to the maximum value allowable under that combination of current setting and contact resistance. Some reserve current capacity will always be kept to insure that the current stays constant during the measurements, even with some contact resistance fluctuations. COMPLETE DISPLAY: A back-lighted liquid crystal four lines alpha-numeric display is provided for the simultaneous indication of all output parameters. Output current, output voltage, contact resistance and output power are continuously displayed.

Technical specifications - Output Power: 5000 W maximum - Output Voltage: 3000 V maximum - Automatic voltage range selection - Output Current: 10 A maximum, current regulated - Current accuracy: better than 1% - Current stability: 0.1% - Output Connectors: connectors accepts bare wire or plug of up to 4 mm. diameter. TIME DOMAIN MODE: - Waveform : ON+, OFF, ON-, OFF, (ON = OFF) preprogrammed cycle. - Automatic circuit opening in off time. - Preprogrammed ON times from 0.5 to 8 seconds by factor of two. FREQUENCY DOMAIN MODE: - Waveform: Square wave, - Preprogrammed frequencies from 0.0625 Hz to 4 Hz by factors of 2. - Alternate or simultaneous transmission of any two frequencies. Time and Frequency Stability: 0.01% Protections: - Short circuit at 10 ohms, - Open loop at 60 000 ohms - Thermal - Input overvoltage and undervoltage POWER SOURCE: 175 to 270 VAC, 45-800 Hz, single phase or three phases GENERAL FEATURES : - Dimensions (h w d): 50 x 40 x 30 cm - Weight: 23 kg - Operating temperature: -40 to +50 °C.

VIP 5000 LOAD LIMITS

0,01

0,1

1

10

100

0,01 0,1 1 10 100

LOAD (kΩ )

Out

put C

urre

nt (A

)

1,67

10 A5 kW

3000 V

1,80,05

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Golden Dory Resources Inc. Lamaline Gold Project, Burin Peninsula, NL

April 2011 Geophysical Logistics Report

APPENDIX B

IP/Resistivity Pseudosections, IP/Magnetometer Contour Maps, Field GPS/Clinometer Data, Data Files and Digital Report

(SEE ACCOMPANYING CD)

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Appendix II Analyses and Sample Descriptions

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Note: samples 1032210 through 1032224 are not from the Lamaline Project area.

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Sample # Licence UTM E UTM N Description

Au ppb

Ag ppm

Cu ppm

Pb ppm

Zn ppm

1032201 017950M 588020 5194240 FL Alt sugery Granite With Tr py Hem 5 <1 3 16 60 1032202 017950M 587995 5194220 Ang FL Sil Basalt with Dis py in small pond <5 <1 39 16 114

1032203 017950M 587995 5194223 Ang FL Hi sil felc? With dis py asp and stringer py 8 <1 3 45 112

1032204 017950M 587991 5194221 Ang FL HI sil Felc? Withdis py asp some qtz veining <5 <1 4 18 66

1032205 017950M 587983 5194212 FL HI sil red banded chert hem some qtz stringers 13 2.28 20 13 255

1032206 017950M 588325 5194043 OC ? Anglom or brecca with hem ser ep? <5 <1 4 11 179 1032207 017950M 587640 5194052 Ang FL Sil felc or granite with py carb ser. <5 <1 2 22 48

1032208 017950M 587562 5193970 OC Sil felc brecca with chert banding py asp pd cu. 17 <1 15 117 68

1032209 017950M 587548 5193993 OC Sil felc or granite brecca tr py and qtz veining ser carb. <5 <1 <1 6 11

1032210 017950M 587754 5194048 OC HI sil felc brecca with py asp lots of ser some qtz veining P 6 <1 3 33 83

1032225 018592M 591707 5197653 FL Sil felc dis py ser. <5 <1 4 27 49 1032226 018592M 591708 5197653 FL Sil felc with dis py <5 <1 2 17 29 1032227 018592M 592127 5197556 OC Sil fragmental basalt with tr hem <5 <1 13 15 40 1032228 018592M 591620 5197061 Anf FL Sil cherty banded felc with dis py <5 <1 7 11 10 1032229 018592M 591628 5197058 Ang FL Sil felc with dis py <5 1.71 11 37 155 1032230 018592M 591847 5197037 OC Alt felc fragmental with dis py <5 <1 3 15 37