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VENDÔME SUD PROJECT TECHNICAL REPORTS

 

In August 2015, the Company acquired 100% in 49 map designated cells (“claims”) in Fiedmont township within the Abitibi region of Quebec, located approximately 45 kilometers north of the town of Val-D’Or, near the town of Barraute that is located 3 kilometers east of the northern limits of the property.

The original 2,083 hectare property, referred to as Vendôme Sud, covered favorable geology for the occurrence of volcanogenic as well as magmatic massive sulphides (VMS and MMS) as well as quartz-carbonate vein hosted gold deposits. According to geological reports and assessment records on file with the Ministerie Énergie et Ressources Naturelles (MERN) of the Province of Quebec, the Vendôme Sud property is reported to contain several VMS and MMS geophysical targets, one of which is a historical Ni-Cu deposit first discovered in the early 1960’s, other targets have been drill tested by previous operators to contain zinc, silver and gold.

Previous owners of the property completed a high-resolution helicopter TDEM / Magnetic geophysical survey in early 2014, that has yet to be followed up; where 11 strong, plus 4 very strong anomalies were recommended for follow-up exploration.

In early 2016, annual assessment was required on the 49 claims totaling $58,800 ($200 per claim) as well as mining duties of $4,682 ($54.75 per claim). In early March 2016, eleven (non-key) of the 49 claims expired due to lack of assessment work being completed leaving 38 map designated cells. BWR then completed an interpretation of the existing TDEM / Magnetic survey along with importing the historical diamond drill results to create a three dimensional interpretive image, the cost of this report was applied to 20 selected claims amongst the then remaining 38 claims. The report was filed with MERN in April 2016 for assessment credit extending the assessment dates of these twenty claims. During 2016, BWR reviewed and re-interpreted the airborne magnetic survey, identifying steeply plunging magnetic units that were coincident near surface, where historical drilling partially tested the Magodor Nickel – Copper occurrence. The geophysical interpretation inferred a magnetically rendered continuation of the magnetic signature of the Magodor Magmatic Massive Sulphide occurrence beyond the drilled area that loosely defined the Magodor historical nickel-copper prospect. The additional 18 claims were then allowed to lapse, considered to be superfluous to the 20 remaining key claims.

In the summer of 2018, BWR completed a localized gravity survey, focusing on the Magodor occurrence. A very prominent gravity anomaly (excess mass), was outlined that was also coincident with the magnetically rendered Magodor MMS occurrence, along with a few other nearby anomalies. Several diamond drill holes were recommended to test the nature of the gravity and magnetic anomalies to depth, below the Magodor occurrence. BWR is currently making plans to commence exploration on the property and at which time may reconsider acquiring additional land and prospects in the area if available at reasonable cost. The property currently consists of 17 map designated cells totaling approximately 712.3 hectares, covering the Mogador base metal prospect and nearby anomalies.